Chapter 1380 The Mind of the Cleveland Consortium

The Cleveland consortium is also a combined consortium, unlike the Morgan consortium, the Rockefeller consortium, the DuPont consortium, and the Mellon consortium, which has a structure of multiple superpowers.

Its type, like the Chicago consortium that was previously dismembered.

In the beginning, the Cleveland Consortium was a steel industry consortium that relied on the rich coal and iron resources in the Cleveland area, and then relied on resources to expand into banking, rubber industry, railway transportation and other fields step by step.

Even now, the steel industry is still the main interest of the Cleveland consortium.

Four of the top ten U.S. steel companies are controlled by the Cleveland consortium, Republic Steel, Lex Youngston, Armco Steel and National Steel.

Of course, because in the past decade or two, American industry has been continuously competed for market by foreign countries, and it has also been affected by international comprehensive economic factors, so that American industry has been greatly affected.

Therefore, the comprehensive strength of the Cleveland Consortium is only to accompany the last place, ranking the bottom.

It's just that the Chicago consortium, which was stronger than it before, was dismembered by several consortiums, so the Cleveland consortium, which was originally ranked tenth, was fortunate to rise by one place and ranked ninth, and the tenth place belonged to the North Star consortium in the west.

As a combined consortium, like the Chicago consortium, it has four core families, namely the Mather family, the Hanna family, the Humphrey family and the Eaton family.

Even if the four are allies, they are not one family in the end, and there will inevitably be intrigue. The interests of the family cannot be completely linked with the interests of the consortium, so that the Cleveland consortium is also heavily infiltrated by other consortia.

For example, in the financial field, although the Cleveland Consortium has repeatedly strengthened, there are five financial institutions including Cleveland Trust Company, Cleveland National City Bank, and Kekai International Group, but these five financial institutions are all regional financial companies. big financial giants.

So in terms of finance, the Cleveland consortium has to rely on other consortia in the east, and most of them rely on the Morgan consortium and the First Citibank consortium for financing.

In the industrial field, it was infiltrated by the Rockefeller Consortium and the Mellon Consortium, especially the Mellon Consortium.

Amcor Steel was infiltrated by the Mellon and Rockefeller consortia.

National Steel was also infiltrated by the Mellon consortium.

Two of the four steel cores were severely infiltrated,

In addition, the Goodyear Tire and Rubber Company, a rubber giant, has also been seriously penetrated by the Mellon consortium.

Another tire and rubber giant, Firestone Tire and Rubber Company, was infiltrated by the Rockefeller consortium.

In addition, there are some less important companies that are also infiltrated by other consortia to varying degrees.

Of course, in this day and age, mutual penetration between consortia has become very common, the difference is only the severity of penetration.

It's just that the Cleveland Consortium is relatively miserable and has been infiltrated more seriously, so that when the four major families, such as Mather and Humphrey, are already inferior to these families, there are many constraints in all aspects, which seriously hinders the Cleveland Consortium. development and growth.

And the third-generation leader who led the Mellon family to a new peak also brought down Richard King Mellon, whom they were all in awe of, but made them eager to move.

At the foot of a heavily guarded hill on the outskirts of Cleveland, the Mather family has been sitting for more than a hundred years.

That night, the heads of the four major families gathered here.

Douglas Mather is the director of the estate, Reginald Hanna, Kenneth Humphrey and Sam Eaton.

The four are the top figures in Ohio and the top bigwigs in the United States. The four stomping their feet can affect the American industry.

"The latest news I got is that old Mellon has been retired, and there is a high probability of becoming a vegetative state. Even if he wakes up, he can't be the king of Pennsylvania."

With a cheerful smile, Mather Douglas told the good news to the few people sitting.

"It's really good news, but there are still some regrets. It would be great if he died directly." Sam Eaton sighed with regret.

He is very hostile to the Mellon family. The reason for this is that the National Steel Company controlled by their family has been seriously infiltrated by the Mellon consortium. Not angry.

"Everyone wanted him to die, but this is not something we can control."

"As far as the current situation is concerned, the situation is already excellent. His sudden fall has greatly reduced the threat of the Mellon consortium to us. Now the Mellon family has not yet cultivated a new generation of qualified leaders. , this is our chance!"

Reginald Hanna said with a sneer.

Kenneth Humphrey added: "There is a problem with the education of the Mellon family, and the management of the descendants is too loose, so that there is a problem with the cultivation of the heirs."

"Old Mellon used to take his third son Leonard Mellon and his fourth son Woodrow Mellon wherever he went. I have also met these two young men, who are indeed very talented, but they are still too young. ."

"The older Leonard Mellon is only twenty-eight years old this year, and he can't bear the responsibility, haha..."

Douglas Mather poured cold water on everyone with a serious face: "Let's not be too happy too early, at least Paul Mellon is still alive, although his ability is far less than that of Richard Kim Mellon, he is still possible Calm down the unrest in the Mellon family."

Sam Eaton said with a sneer: "Hmph, now that the old Mellon is down, there are many people who are eyeing the Mellon consortium. I don't believe that Paul Mellon can completely resist it."

Reginald Hanna went on to say: "Sam is right, it's not just us who have ideas about the Mellon consortium, I don't believe that two insatiable people, David Rockefeller and John Chris Morgan, will give up. this opportunity."

"Isn't that what we're sitting here for?"

"We still hurry to determine an action plan, and we must act as soon as possible."

Kenneth Humphrey immediately commented: "I think the bottom line of our operation is actually very clear. The three companies, Armco Steel, National Steel and Goodyear Tire and Rubber Company, are controlled by the Mellon consortium. Take it back and strengthen our foundation."

"Then if the funds are sufficient, the equity held by the Mellon consortium in other companies will also be taken back."

Reginald Hanna disagreed.

"I completely agree with Kenneth's previous point of view, but I think the latter point of view is still too conservative."

"I think we can be more aggressive. The equity of other companies other than these three companies can not be acquired, but use resources to attack the Mellon consortium."

"Our financial strength is relatively weak, and we rely heavily on other banks in the east. Can we take advantage of this opportunity to swallow a certain financial platform of the Mellon consortium and enhance our own financial autonomy?"

"In addition, the Mellon consortium owns four large steel companies. Can we take the opportunity to acquire them? Complete absolute control over the U.S. steel industry?"