Chapter 1314 The Chicago Consortium Unwilling to Be Hunted

The latest website: Chicago, USA, in a group of villas adjacent to a lake.

James McCormick, Kirsten Wood, Simmons Armour, and Valk Kron came together.

The four of them are the representatives of the four major families at the core of the Chicago consortium.

At the same time, the four are also in charge of one of the four major financial core platforms of the Chicago consortium and serve as the chairman.

James McCormick runs the seventh largest bank in the United States and the largest bank in Chicago, Continental Bank of Illinois, a giant with assets of $42 billion.

Kirsten Wood is in charge of First National Bank of Chicago, the second largest bank in the consortium. Although this bank ranks second, its total assets are also as high as 38 billion US dollars, which is not far behind the mainland Illinois Bank.

Simmons Armour is in charge of Harris Trust and Savings Bank, the third largest in the consortium.

And Valk Krone is in charge of the consortium's fourth largest Northern Trust Banking Corporation.

Of course, the fact that the four only serve as the chairman of the four major banks does not mean that their family has absolute control over the four banks.

The Chicago consortium is just a combination of their four major families. Apart from them, there are still other small families gathered around them.

This is also normal. After all, these four banks were not all founded by them, and some were acquired later. During the development process, they also experienced the process of mergers and acquisitions, so it is inevitable that there will be other shareholders.

It's just that these shareholders alone have no influence and cannot influence the rule of their four major families.

However, with the continuous development and expansion of the Chicago consortium, sporadic shares of various companies are scattered outside, which is usually nothing.

But when giants like Rockefeller and Morgan have bad intentions, these sporadic stakes are deadly.

Because the Rockefeller consortium and the Morgan consortium have the ability and strength to aggregate these equity acquisitions.

Over the years, with the continuous penetration of the Rockefeller Consortium and the Morgan Consortium, many companies in the Chicago Consortium have been unable to fully implement the will of their four major families, and often have to compromise with each other.

And most of the time,

Compromise is their four families.

After all, for them, the Chicago consortium is their foundation, but not for the Rockefeller consortium and the Morgan consortium. The latter two have absolutely no psychological burden to destroy, but they cannot.

Just like the attack on the Canadian financial market this time, they knew that there was the will of the Rockefeller Group and the Morgan Group, but they couldn't stop it.

Although they are the chairman of their respective banks, over the years, they can no longer absolutely control the board of directors, nor can they absolutely control the management.

Under the pressure of the Rockefeller Consortium and the Morgan Consortium, they have been pushed to the edge of the cliff.

Of course, this time they knew they were being used by the two major financial groups as spearmen, but they also meant to cooperate on a subjective level.

They were unwilling to be devoured by the two major financial groups in the end, so this crisis is also an opportunity, an opportunity for them to fight!

If it can be successful, it might be possible to quickly recover the blood, and then acquire the equity of some companies, gain a firm foothold again, and give them a chance to breathe!

"Now that the situation in Canada is almost out of control, and the war is about to break out, how are everyone preparing?"

The most prestigious James McCormick said, looking at the other three.

"Not bad, I've raised another $2 billion from other companies."

Kirsten Wood said with a light smile.

The two billion dollars in funds were not funds from the First National Bank of Chicago, but were raised or temporarily borrowed from other companies.

The money earned by First National Bank of Chicago belongs to the bank. He is only a major shareholder. Even if the dividend is to be distributed, it will take a while.

And once his two billion dollars are invested in attacking Canada, the profits obtained will belong to his Wood family alone, which is fundamentally different.

"I also raised $2 billion."

"My Crown family raised $1.8 billion."

Simmons Armour and Valk Krone said successively.

"James, what about your McCormick family?"

Kirsten Wood asked curiously.

Because everyone is a grasshopper on the line, James McCormick also said truthfully: "I temporarily raised $2.5 billion in funding."

Among the McCormick family's assets, the largest outside the financial sector are Deere and International Harvester.

International Harvester is a company started by the McCormick family. It started with harvesters and gradually penetrated into the field of agricultural machinery. It is currently the second largest agricultural machinery giant in the United States.

Of course, the largest agricultural machinery giant is Deere, a company founded by John Deere. After hundreds of years of development, it successfully surpassed the International Harvester Company in 1958 and reached the world's No. 1 in 1963. , so far.

Of course, Deere & Company was also acquired by the McCormick family, with a substantial stake.

With these two machinery manufacturing giants, plus some holdings in United Department Store, Sears Department Store and other companies, the strength of the McCormick family is naturally the strongest among the four major families.

The capital flow of the two mechanical giants is huge, and it is only natural that James McCormick can raise $2.5 billion.

Of course, these money are only temporarily owned by them, allowing them to make money, but the ownership is not entirely theirs, after all, the company is not wholly owned by them.

As long as there is one shareholder, even if it holds one share of stock, then a share of the company's capital interests belongs to that shareholder.

However, it is also very good to be able to use it. If you borrow from a bank outside the consortium, it is not so simple.

"You can raise $2.5 billion, and the four of us together raise another $8.3 billion."

"This fund is definitely enough for us to reap the fruits of victory!"

Valk Kron said with a smile, the pressure in his heart dissipated a little, and he felt that the net woven by the Rockefeller Consortium and the Morgan Consortium seemed to be a lot looser.

According to the original plan.

Now that the four major banks in the consortium have been pushed by the Rockefeller Consortium and the Morgan Consortium to be the vanguard, they will use the most funds to do the hardest work.

Then when the opponent is completely defeated, they can also seize the opportunity and fight against the wind as soon as possible.

With $8.3 billion in funding coming to Canada, the Jedi were able to bite a piece of meat off the bulls.

At the same time, it can also rush into Canada and harvest high-quality assets.

These high-quality assets, whether they can be cashed out later or retained, can enhance the strength of their four major families and be used to fight against the Rockefeller and Morgan consortiums.

"Since everything is ready, let's act tomorrow."

"Respectively contact other financial companies to work together to reduce our pressure as much as possible, and we can't just make a deal."

"It would be great if it could be effective in the first wave of the offensive..."

ps: The second one is delivered. What is the IQ of the four major families?

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