Chapter 255 Drake wants to progress

The Chase Bank in the other side’s mouth, is the old Morgan founded ****, and Morgan Stanley was originally **** the investment department in the company, and then the United States experienced the Great Depression, Congress passed, prohibiting companies from providing both commercial banking and investment banking services,.

Morgan Jr. then Chase Bank’s investment department split, the establishment of Morgan Stanley was then as an investment bank, was established in New York in nineteen thirty-five, while Chase Bank was turned into a purely commercial bank. The name of Morgan Stanley is “Keum”.

Morgan Stanley was founded, Chase Bank often sent manpower to assist, and now the two banks of senior managers, early years are a colleague of the department, although now the business has been differentiated, but after all, it is with a family of two generations of the head of the bank was established separately, each other is very familiar with each other.

Derek found a good opportunity to plumb the bottom, as the people behind U.S. Steel, the Morgan family can not be said not to pay attention. Letting the people from Chase Bank do the appraisal together to save time was evident.

“Oh, my dear brother, you are not a traditional person, why did you run here.” Listening to the sound of footsteps, Morgan III did not turn around, and without a single movement of the fishing rod in his hand, he had already recognized who the visitor was.

Morgan family’s second-generation head of the small Morgan, has died in 1943, now the leader of the Morgan family is the small Morgan’s two sons, born in 1892 Morgan III, and his younger brother Henry Morgan, eight years younger.

Compared to Morgan III, who was already looking at six years old, Henry Morgan was indeed in his prime, and at forty-six years of age was not old by any means.

Morgan III fishing lake is the Morgan family’s private territory, is the old Morgan bought, this contains a main building, two cabins and a number of auxiliary buildings of the residence, is located in upstate New York, from New York City about five hours drive.

The property, nestled on a peninsula on the shores of Lake Mohican between the mountains and forests, became Morgan III’s favorite place to visit after the war ended, not far from where the elder Morgan docked his yacht, and along the shore was the cottage, which was used year-round.

The fifteen hundred acres of land in the neighborhood made it very restful, and Morgan III loved the place.

But Henry Morgan was not much of a visitor; the younger brother, eight years younger, was still very young at heart. If they hadn’t been very familiar with each other, Morgan III couldn’t have expected Henry Morgan to come.

Taking a seat on the solid wood seat next to Morgan III, Henry Morgan, knowing that his older brother was fishing, said in a moderated voice, “Borrowed the Chase Bank’s Asset Appraisal Department for a bit, hope I don’t mind.”

“It’s just restful over here, not so restful that you can’t get a phone call in.” Morgan III, his eyes still on the fishing line, asked with a double mind, “You seem to think this is a good opportunity? To push the steel industry toward Asia?”

“Why not? The Morgan family never stops.” Henry Morgan said without even thinking about it.

“Better yet, there would be no countries in this world, everything is what the banks say it is.” Morgan III borderline said something seemingly unrelated, but in reality it was an endorsement of his brother’s ambition, “Is Derek’s information reliable?”

“That small shareholder of the steel company, well, he’s just a messenger. But if it works out, I don’t really mind letting him play a bigger role, it’s not wrong to go after more money, right?” Henry Morgan nodded, “Whether the news is true or not, we will naturally assess it, I’ve already gone through the people over in the Far East, and I’m ready to make a trip to British India, and if there’s no problem, I’ll give this opportunity to Derek.”

“That would be a boon to U.S. Steel’s stock.” Morgan III raised one eyebrow, not slowing down in his hands to draw the rod and pull up a struggling fish, and with a satisfied smile said, “Isn’t that right, Henry.”

“Exactly right, my brother.” Henry Morgan said with a knowing smile, “Absolutely positive news.”

“Let’s go back inside and talk, it’s been a long time as well.” Morgan III greeted his younger brother, Henry Morgan, compared to many families, the two brothers’ relationship was not too bad, Morgan Jr. had already arranged everything before he passed away, and the two didn’t have any animosity because of who had more and who had less.

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

When America was not as accessible as it is today, wealthy businessmen created this new way of building, which was to establish American-style camp houses along the lake, built with native materials from the area to be self-sufficient before railroads and automobiles became commonplace.

Morgan Sr. bought the property in 1897 and built the cottages on the same self-sufficient model.

Morgan Jr. also came over often to stay permanently; the two brothers didn’t come over much until Morgan Jr. died, but now Morgan III sometimes came over to visit, and Henry Morgan had almost forgotten about this one property.

If he didn’t have something to discuss with Morgan III today, Henry Morgan certainly wouldn’t normally come over.

Morgan two brothers and Derek’s level and at a different level, Derek only want to increase the discourse in the U.S. Steel by plowing through the mineral resources of British India, more on a higher level.

But Morgan Brothers think, but also through financial means, to promote the operation of U.S. Steel’s share price.

On the one hand to earn entity money on the one hand to earn stock market money, if everything goes well, will get a win-win effect, even if the final failure, one in and one out there is no loss.

As a referee plus goalkeeper, Morgan Brothers of course, it is best to think that a win-win situation is more cost-effective, and if you take a step back, you can also not make a profit, so why not go for it? Anyway, someone else will pay for it in the end!

This hand from the old Morgan was still alive in the first place, the merger and acquisition of Carnegie Steel, the establishment of U.S. Steel has been used very skillfully, and even earlier, the nineteenth century will be the majority of the United States of America’s railroads in the bag.

There were so-called railroad kings everywhere, but aside from a few tough ones, the real railroad king of the nation was Morgan, the Vanderbilts you say? That’s when it was all over!

Chemical Bank, Chase National Bank, Hanwha Industrial Bank and Morgan Bank, Mobil Bank, Guaranty Trust Company, First National Bank, represented by a number of famous banks, are in the hands of the two Morgan brothers, the Morgan family to this day as prestigious, those railroad kings where?

Compared with Henry Morgan, in front of Hollywood actresses acting as a big shot Derek, is pretending to be relaxed in fact very cautious, from arriving at Henry Morgan’s office, the atmosphere did not dare to breathe a breath.

Bastardized keum. “As a director of a steel company, you are very impulsive, very gratifying.” Henry Morgan crooked his body and sized up Derek with an interested gaze until the person in question could barely hold back before opening his mouth to praise him.

“It’s all for the good of the company, and everyone agrees that expanding U.S. Steel’s reach is a good thing.” Derek finally breathed a sigh of relief upon hearing the compliment and spoke humbly.

“Why does that tone sound just like the nasty federal government?” Henry Morgan spoke lightly, directly shutting Derek up, just a few days ago, he had also once spoken so highly of Vivien Leigh in a condescending tone.

Now with a different occasion and a different perspective, Derek became the one who was criticized and still couldn’t refute.

“I’ve already let the people from the Far East go to British India, more analysis is better than seeing it with your own eyes.” Henry Morgan nodded with satisfaction, “As for you, if this project has value, naturally, you can represent U.S. Steel and make this good thing happen, it’s all about the benefits, and it’s up to you to see what comes out of it.”

“Thank you Mr. Henry.” Derek was out of breath for a moment and thanked him in an excited tone. This was both his purpose, a director who wanted to progress too much, and now that he finally got the big boss’s favor, he didn’t even know what to say.

“I still have a social engagement!” Henry Morgan raised his wrist, the other hand with a finger point, face a you get it meaning, Derek of course understand, lowered his head backwards to leave Henry Morgan’s office.

Only after getting the other party to leave did he helplessly shake his head, wasting twenty minutes of time!

As long as supplemented by financial means in the stock market operation, even if it is all the bad results, the Morgan family will not lose money, only the shareholders to pay the bill.

Why did the Morgan family to merge the steel company? It is not because, if the largest steel company in their own hands, and when the referee and goalkeeper is easier.

Has been out of the Morgan Slick Dan building, Derek are in a state of excitement can not be extricated, blissfully unaware of their own in the eyes of Henry Morgan, and before the Hollywood stars in his eyes as well as, perhaps not as good as ……

As a famous bank, Chase Bank naturally has branches in the Far East also exist, Magic City branch managers received a telegram from the headquarters in New York, then understand what this time the task is.

Soon they packed their bags and boarded the ship, heading for British India, which was in deep water in front of the whole world but stubbornly resisted the disaster.

Distance is never a problem for the capital, not enough manpower in the Philippines, the Philippine capital of Manila, Chase Bank branch, also received a telegram from the mainland, assembled a team of professional quality, to British India to find out the truth.

See if things are like what Derek said or not!

Derek, who still remains in the United States, is harboring the heart of progress, preparing for the official debut, badgering everything in British India, ready to contribute to the expansion of U.S. Steel in Asia’s most important market, while letting the Morgan family think highly of themselves.