Chapter 284 Re-election (true)
Imperial Hotel, Room 1508.
Through the window, Evan couldn't help but ripples appeared in his heart as he looked at the street scene of San Francisco at night.
It was already eight o'clock. If it was late and there was no movement, he would have to come to visit him on his own initiative.
This is not the best choice, it is an absolute worst-case approach, and it has the greatest impact on subsequent results.
Evan raised his watch anxiously and didn't know how long he would confirm the time.
Although the possibility is very small, it is not time to give up.
Judging from Cherno's reaction, they should be really interested in me?
Just then, Evan suddenly heard a knock on the door.
He paused and looked at Bob.
"Bang! Bang!"
The second sound rang out, confirming that it was not auditory hallucination. Evan silently signaled Bob to open the door to receive the reception.
Bob nodded and strode towards the door.
Just before the third knock, Bob opened the door and saw the hotel manager who was about to knock on the door, and Cherno standing behind the manager.
Bob nodded to the two and greeted, "Good evening, manager."
"Mr. Cherno, are you here to send good news to Mr. Warren?"
Cherno said: "Yes."
Bob made a gesture of inviting in and shouted, "Sir, it's Mr. Cherno."
Evan's surprise voice came out inside: "Is that true?"
Not long after, Evan, who was trepidated, came to the Sky Lounge with Cherno and met Henry Morgan.
The two sides had a great conversation.
Two days later, Evan returned to Sacramento with satisfaction and finally did not miss Christmas.
On Christmas Day, San Francisco was very lively.
Henry Morgan hosted a Christmas dinner for business people in the California area. Facing an invitation from the famous Morgan consortium, almost no one refused.
What few people know is that some of the people who received the invitation did not arrive.
Less than a week after Christmas, the San Francisco Financial District ushered in another heavyweight dinner. This time the home was a surname with Morgan.
As soon as these two dinners were released, almost everyone who was lucky enough to attend knew that something big would happen in the California business community.
Because Morgan and Rockefeller have made it clear that they have entered California.
...
1949 is about to pass.
Before the Christmas holiday was over, Evan had a detailed discussion with Governor Earle, who expressed close attention to what he was doing.
Earl was a little worried and thought Evan was too reckless.
Colin, who had learned about Evan's plan because he was on the scene, expressed his support and helped Evan convince Earl to support his actions.
"Father, you are the governor, and you should prevent monopoly and support competition."
"California is Californian..."
Evan didn't know why Colin's argument with local protectionism convinced Earl. In short, Earl did not say a word about Evan's actions after that.
However, at the dinner table the day before Evan left home, Earl announced in front of his family that he would continue to participate in next year's gubernatorial election.
Hearing this, Robert and a few others were happy to clap their hands. However, Colin and Evan looked at each other and suddenly realized that Earl was preparing to escort Evan.
In 1950, the 100th year of the founding of California.
To celebrate, California established a special Centennial Commemoration Committee to prepare grand commemorative activities. The founding of the State Day is September 9, but as soon as it entered 1950, the commemoration activities began gradually.
Unlike the celebration atmosphere in California, Bank of America and even the elites in California's economic circles are covered with clouds.
In mid-January, Lockheed Aircraft Company announced that it would accept capital injections from new shareholders, and soon after, the company won a huge order from the Air Force Department. According to rumors, new shareholders often go to and from the Rockefeller Center in Manhattan.
At the end of January, Douglas Aircraft Company also welcomed new shareholders.
In February, the new president of Bank of America announced that the bank would overcome difficulties and continue to deepen its banking business.
In March, Bank of America's equity structure changed significantly, and a group of small shareholders were cleaned up.
In April, with everyone's attention, Bank of America announced that it would launch an acquisition plan to expand the scale of its banking outlets. Soon after, two banks in Los Angeles were on the Bank of America's acquisition list.
In mid-May, Bank of America completed the acquisition work as fast as possible. These transactions were not spent much cash on Bank of America, mostly in stocks.
In early June, some shareholders of Bank of America initiated a shareholder meeting, demanding a restructuring of the board of directors. Under heavy pressure, Bank of America had to agree to this request.
June 10, the day of the general meeting of Bank of America headquarters.
In an oversized conference room, dozens of shareholder representatives, bank directors, and main management sit around the runway-shaped conference table.
The meeting was chaired by Mario Giannini, the son of the bank's president and former chairman. Mario Giannini is currently also the controlling shareholder of the bank and the actual controller of Pan American.
Next to Mario was a middle-aged man, the second largest shareholder of the bank and the representative of the Monnet family.
There was only one woman sitting in the huge conference room, which looked particularly conspicuous. The man was Mario's sister, one of the current directors of the bank, Claire Jainini Hoffman.
The conference table was obviously divided into four major groups, and the alliance between the Gianni and the Monnet family was one of them.
The other two groups, one with Cherno Moody as the core, and the other with Eugene Stimson as the head.
The former is the representative of Morgan, while the latter is the new shareholder of the mysterious Lockheed Aircraft Company, namely Rockefeller.
As for the remaining group, although the number of people is the largest, there are no core figures. On the surface, the position they chose is neutral, but the actual situation is hard to say.
It is worth mentioning that Rick Taft and Peter Cohen are both in the Neutral Group.
As for why they appeared here, it is naturally because both the Federal Bank of California and the National Bank of Citizens were acquired by Bank of America.
The topic of today's shareholders' meeting is to reorganize the board of directors.
Bank of America is a large company with a huge board of directors that requires 13 people.
The board of directors is an internal director and an external director. The company's articles of association stipulate that only six internal directors are allowed at most.
Given the number of shares owned by Giannini and Monnett Alliance, only three seats can be guaranteed at most.
If you want to control a bank, three seats are far from enough, at least four seats are required.
Because the company's articles of association stipulate that major matters require three-quarters (more than) of consent votes to be passed, that is, having four votes is equivalent to having veto power.
Mario needs to win at least one more seat to maintain the management rights of the bank.
Chapter completed!