Chapter 669

The next day.

60 Wall Street, Wells Fargo headquarters.

"Morgens Danli has just been established and lacks a stable and sustainable business. I can't see the benefits of cross shareholding." Dick Mellon looked to the other shareholders and expressed his views.

The huge network and capital reserves of Morgan commercial bank are tempting for them, but Morgan Stanley is only a shell.

In terms of business segmentation, all the networks are left in the commercial bank, and Stanley's own partners are responsible for making a breakthrough.

It seems to them that the cooperation between rich countries and Stanley is like setting up an opponent for themselves. What's the advantage of doing so?

"What do you think, strantis?" Li Zitao sat lazily on the throne, idly turning the pen in his hand.

"I don't agree with this proposal. Morgan is very dangerous. It is the top predator. No one can compete with it in the financial field, at least for the moment.

I am worried that Morgan will eventually penetrate our main body and break the current balance."

Li's holding is not only a person or an interest group, but also a financial entity of Rockefeller, Chicago consortium and Lee's.

Mellon is better. They have their own Mellon bank, but the first bank of Chicago consortium and Rockefeller's Manhattan chase have been integrated into Lee's.

If the money bag is infiltrated, Morgan will take their lifeblood.

It's hard to say what they want to do in the future, they have to look at Morgan's face.

In the financial sector, no one is optimistic that today's rich countries can compete with Morgan.

Morgan has been dominating Wall Street for many years, and rich countries are far behind in terms of experience and details.

"Charlie, I don't like this proposal either." David Rockefeller mused, "as Dick and strantis said, Morgan is the authority in finance."

"Just a name can make a famous person feel afraid. Is that Morgan?" Such a situation was unexpected to Li Zitao.

Looking at Juliana's heavy face, she should have disagreed.

Yes, after all, she worked at Morgan at the beginning, and she needs to know more about this financial trust than ordinary people.

He turned to Jonathan, and his face was serious, but he didn't say anything.

"Let's put this proposal aside and talk about the issue of stake in Stanley... I think you've all read the partnership agreement. What should we do?"

Li Zitao is not in a hurry to continue to push forward. As others have said, Morgan's reputation in the financial field has come out step by step.

Every employee who comes out of Morgan is the elite that other financial institutions want to get, and its huge talent pool and experience are unmatched.

Li Zitao also has some concerns. If Fuguo and Datong are infiltrated by each other, the development of blue and white chamber of Commerce will be constrained.

But let him miss this opportunity, Li Zitao is also a little unwilling, not all have the opportunity to intervene in the Morgan system.

The future weight of Da Mo lies there. Compared with Morgan commercial bank, which everyone is optimistic about now, Li Zitao wants Stanley and Damo.

"We can engage its partners and make them our equity representatives." Juliana came up with a plan.

"It's good to note that besides Harry and Stanley, Stanley has seven leading partners, all of whom are optional targets." David nodded in agreement.

"I think it's good to have a private agreement with him." Strantis agreed.

As long as a private agreement is reached with him to make him a representative of Li's stake in Stanley, it will be good to play a role at a critical moment.

It is the safest way to wait until one day Morgan changes its structure and turns into a joint-stock system before launching a formal acquisition.

"First of all, the investment department is responsible for this." Li Zitao closes the previous documents and concludes today's shareholders' meeting.

"Charlie, you care about Stanley. It doesn't look very good." Walking out side by side, Jonathan asked curiously.

"I think Stanley will surprise everyone, in the near future." If Li Zitao means something, it makes the shareholders feel worried when they leave.

In fact, Morgan commercial bank and Morgan Stanley can not talk about who is strong and who is weak. Both are the magnitudes of Big Macs.

The rise of Stanley was driven by the vigorous development of the securities market in the 1960s, while Morgan kept its steady development.

Some people say that Morgan has already surpassed its predecessor, jp. Morgan, but who knows that Morgan has exposed all or the tip of the iceberg?

……

……

The surprise of Damo is not visible now. Instead, it is the surprise of East Africa.

On October 5th Italy declared war against Ethiopia.

The second Italian Egyptian war officially broke out.

General deboro, commander-in-chief of Italy's East Africa, attacked Ethiopia from the north, the middle and the south, with the north as the main force.As soon as the war broke out, Ethiopia was in a state of panic, but it soon returned to calm. The army of the emperor's guard and lords from all over the country went to the border.

The defeat of the first Italian Egyptian war made Italy lose the face of the great powers. Since then, Italy has been preparing for layout.

The hardliners in the military, in particular, have been clamouring for revenge on the indigenous Ethiopians, and dictator Mussolini has chosen it as a target.

If you look at the Italian colonies in East Africa, you can see that the Eritreans above northern Ethiopia and the Somali Strait in the southeast all belong to Italy.

The whole Strait is blocked by Italy, and the West and South are all British colonies. Whether it can pass through before the war breaks out will not be mentioned.

But after the outbreak of the war, these places have been closed to Ethiopia.

Italy also deployed more than 300000 modern troops in East Africa, equipped with mechanized legions of motorcycles, cars, tanks and so on.

They also have advanced modern weapons, air support and so on.

If you look at Ethiopia, except for an elite army of 90000 people, all the others are aborigines or slaves.

Armed with spears in their hands, they followed the horsemen on foot to the battlefield, a troop of 260000.

The 90000 elite guards also have old-fashioned weapons from the end of the 19th century.

From the beginning of this war, no one has been optimistic about Ethiopia. Everyone knows that it is only a matter of time before it fails.

In three days, just three days, the main Italian Army attacking from Eritrean occupied Adua, broke through the border line of the northern Egyptian army, and directly attacked makare, the capital of Tigre province.

The situation seems to be clear, and the Italian army wants to quickly end the war and avoid pressure from public opinion.

However, the next development of the war was beyond everyone's expectation, or surprised everyone. The Egyptian army actually withstood the attack of the main Italian army and kept them out of macare.

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