Chapter 255 Drake Wants to Improve

The Chase Bank mentioned by the other party is the bank established by the old Morgan, and Morgan Stanley was originally the investment department of the bank company. Later, the United States experienced the Great Depression, and Congress passed the Glass-Steagall Bank. Act, which prohibits companies from providing commercial banking and investment banking services at the same time,

Morgan Jr. split the investment department of Chase Bank and established Morgan Stanley as an investment bank. It was established in New York in 1935, while Chase Bank was transformed into a pure commercial bank.

When Morgan Stanley was established, Chase Bank often sent people to assist. Now the senior managers of the two banks were colleagues in the same department in the early years. The banks established by the disciples are very familiar with each other.

As the people behind the U.S. Steel Corporation, the Morgan family did not ignore the good opportunity for bargain hunting discovered by Derek. The time savings of having someone from Chase do the assessment together is evident.

"Oh, my dear brother, you are not a traditional person, why did you come here?" Hearing the sound of footsteps, Morgan III did not look back, and the fishing rod in his hand did not move, and he had already identified who was coming .

Morgan Jr., the second-generation head of the Morgan family, died of illness in 1943. Now the leader of the Morgan family is Morgan Jr.'s two sons, Morgan III, who was born in 1922, and Morgan III, who is eight years younger than him. brother of Henry Morgan.

Compared to Morgan III, who was already in his sixth year, Henry Morgan was indeed in his prime, and at the age of forty-six, he was by no means old.

The lake where Morgan III fished is the private territory of the Morgan family. It was bought by the old Morgan. This piece of residence includes a main building, two log cabins and several auxiliary buildings. It is located in the upstate area of ​​New York, about five kilometers away from New York City. hour drive.

This real estate located on the peninsula by the Mohegan Lake between the mountains and forests became the favorite place of Morgan III after the war. Not far away is the place where the old Morgan docked his yacht, and the shore is used all year round. villa.

Fifteen hundred acres of land nearby make this place very comfortable, and Morgan III likes this place very much.

But Henry Morgan doesn't come here very often. This eight-year-old brother is still very young in mind. If they were not very familiar with each other, Morgan III would not have thought that Henry Morgan would come.

Sitting down on the solid wood seat next to Morgan III, Henry Morgan knew that his brother was fishing, so he said in a calm voice, "I borrowed it from the asset appraisal department of Chase Bank. I hope you don't mind."

"It's just Anyi here. If you're not so comfortable, you won't be able to make calls." Morgan III was still staring at the fishing line, and asked with two things in mind, "You seem to think this is a good opportunity? Push the steel industry to Asia?"

"Why not? The Morgan family will never stop." Henry Morgan said without thinking.

"It would be best if there were no countries in this world, and everything is decided by the bank." Morgan III said something seemingly irrelevant, but in fact it was a recognition of his brother's ambition, "Is Derek's news reliable? ?”

"The small shareholder of the steel company, he is just a message. But if it succeeds, I don't mind letting him play a bigger role. It's not a mistake to pursue more money, right?" Henry Morgan nodded and said, "Whether the news is true or not, we will naturally evaluate it. I have passed the people in the Far East and am planning to go to British India. If there is no problem, I will give this opportunity to Derek."

"This is good news for U.S. Steel's stock." Morgan III raised his eyebrows, pulled a struggling fish up with his hand, and said with a satisfied smile, "Isn't that right, Henry."

"Exactly, my brother." Henry Morgan said with a knowing smile, "absolutely good news."

"Let's go back to the house and talk, it's been a long time." Morgan III greeted his younger brother Henry Morgan, compared to many families,

The relationship between the two brothers was decent. Before Morgan Jr. passed away, everything had been arranged, and there was no quarrel between the two because of who was more and who was less.

The villa has five bedrooms, three full bathrooms and one bathroom without a bathtub. , the master bedroom bathroom retains the huge bathtub, shower, vanity and toilet that John Pierpont Morgan used when he bought the property.

The United States at the time was not as convenient as it is today. The rich businessmen created this new building method, that is, building American-style camp villas along the lake, using local original ecological materials to build them, and they could be self-sufficient before the popularization of railways and cars. self-sufficient.

Seventeen-year-old Morgan bought this place and built a villa in the same self-sufficient mode.

Little Morgan also often came to live there. Before the death of Little Morgan, the two brothers did not come here very often. Now Morgan III sometimes comes to visit, and Henry Morgan almost forgot about this property.

If it wasn't for discussing something with Morgan III today, Henry Morgan would definitely not come here.

The two Morgan brothers and Derek are at different levels. Derek only wants to increase his voice in the U.S. Steel Corporation by buying the mineral resources of British India and take it to a higher level.

But the Morgan Brothers believe that they can also use financial means to promote the stock price of US Steel to operate.

Earn real money on the one hand and stock market money on the other. If everything goes well, it will achieve a win-win effect. Even if it fails in the end, there will be no loss in one entry and one exit.

As a referee and a goalkeeper, the Morgan Brothers would of course think that a win-win situation is more cost-effective. If you take a step back, you can make no loss, so why not do it? Anyway, in the end someone pays the bill!

This hand has been used very skillfully since the old Morgan was still alive, acquired the Carnegie Steel Company, and established the U.S. Steel Company. Even earlier, when most of the railways in the United States were included in the nineteenth century, it had already begun.

There are so-called railroad kings everywhere, but apart from a few tough bones, the real railroad king in the United States is Morgan, you mean the Vanderbilt family? When did that happen!

Many well-known banks represented by Chemical Bank, Chase National Bank, Hanwa Industrial Bank, Morgan Bank, Mobil Bank, Guarantee Trust Company, and First National Bank are all in the hands of the two Morgan brothers. The Morgan family is still as prestigious today. Where are the railroad kings?

Compared with Henry Morgan, Derek, who was a big shot in front of Hollywood female stars, pretended to be relaxed but was very restrained. After arriving at Henry Morgan's office, he didn't dare to take a breath.

"As a director of a steel company, you are very motivated and very gratifying." Henry Morgan tilted his body and looked at Derek with interest. He didn't praise until the person couldn't help it road.

"It's all for the development of the company. Everyone thinks that expanding the influence of U.S. Steel is a good thing." Derek finally breathed a sigh of relief when he heard the praise, and said modestly.

"Why is this tone the same as the hated federal government?" Henry Morgan said lightly, and directly shut up Derek. Just a few days ago, he had commented on Vivien Leigh in such a superior tone.

Now, on a different occasion and from a different angle, Derek has become the one who has been criticized and can't refute it.

"I have already sent people from the Far East to British India. No amount of analysis is as good as seeing it with your own eyes." Henry Morgan nodded in satisfaction, "As for you, if this project is valuable, you can naturally represent U.S. Steel and facilitate This good thing is all for profit, and it is up to you to see any results."

"Thank you, Mr. Henry." Derek was full of anger for a while, and thanked in an excited tone. This is his goal, a director who wants to improve too much, now finally got the favor of the boss, he doesn't know what to say.

"I still have entertainment!" Henry Morgan raised his wrist, and pointed his finger with the other hand, with a look on his face that you understand. Derek certainly understood, and he backed away from Henry Morgan's office with his head down.

After getting the other party to leave, he shook his head helplessly, wasting 20 minutes of time!

As long as financial means are used to operate the stock market, even if all the bad results appear, the Morgan family will not lose money, it's just that the stockholders pay the bill.

Why did the Morgan family want to acquire the steel company? Isn't it because, if the largest steel company is in your own hands, it is easier to be a referee and a goalkeeper at the same time?

All the way out of the Morgan Sledan building, Derek was in a state of excitement and couldn't help himself. He didn't know that in Henry Morgan's eyes, he was the same as Hollywood stars in his eyes before, maybe not as good...

As a well-known bank, Chase Bank naturally also has branches in the Far East. After the manager of the Modu branch received the telegram from the New York headquarters, he understood what the mission this time was.

Soon they packed their bags and boarded the ship, and went to British India, which was in dire straits in front of the whole world but tenaciously resisted disasters.

Distance has never been a problem for capital, and there is not enough manpower in the Philippines. The Chase Bank branch in Manila, the capital of the Philippines, also received a local telegram and assembled a professional team to go to British India to find out the truth.

Find out if it's what Derek says it is!

Derek, who is still in the United States, is preparing for his official debut with a progressive heart, supplementing everything in British India, and preparing to contribute to the expansion of U.S. Steel Corporation in the most important market in Asia. Take a look at yourself.