Following.

60 Wall Street, Wells Fargo headquarters.

"Morgan Stanley was new and lacked a stable and ongoing business, so I don't see the benefit of cross-shareholding. Dick Mellon looked at the other shareholders to express his opinion.

JPMorgan Commercial Bank's huge network of connections and capital reserves are tempting for them, but Morgan Stan Li is just an empty shell.

It is said that the business is divided, and all the relationship networks are left in the commercial bank, and it is up to Stanley's own partners to break out of the world.

What is the benefit of having rich countries and stanley work together, in their eyes, as if they were taking the initiative to erect an opponent for themselves?

"Stellantis, what do you think?" Li Zitao sat lazily on the main seat, lazily turning the pen in his hand.

"I don't agree with this proposal, Morgan is dangerous, it's the top carnivorous crocodile, no one can compete with it in the financial world, at least for now,

I'm worried that Morgan will eventually infiltrate our body and upset the balance of what is now. ”

Lee's Holdings is now not just a certain person or an interest group, but a financial entity of Rockefeller, the Chicago Consortium, and Lee's.

Mellon is relatively better, and they have their own Mellon Bank, but the Chicago consortium's First Bank and Rockefeller's Manhattan Chase have both been integrated into Lee's.

If the money bags were infiltrated, Morgan would be holding their lifeline.

To put it mildly, whatever they want to do in the future, they have to look at Morgan's face and act.

In the financial field, no one is optimistic that the current rich countries can compete with Morgan.

Morgan has dominated Wall Street for many years, and rich countries are far inferior in terms of experience and background.

"Charlie, I'm not optimistic about this proposal either. David Rockefeller mused, "As Dick and Stellantis said, Morgan is an authority in the financial field. ”

"Just a name can make a famous person feel afraid, is this Morgan?"

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

That's right, after all, she worked at Morgan in the first place, and she knows more about this financial trust than ordinary people.

Turning his head to look at Jonathan, his face was also serious, but he didn't say anything.

"Let's put this proposal aside and talk about the issue of taking a stake in Stan Li... I think you've all read the partnership agreement, what should I do?"

Li Zitao did not rush to continue to push, just like others said, Morgan's reputation in the financial field came 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.

They have some concerns, Li Zitao also has them, if Fuguo and Datong are infiltrated by each other, the development of the Blue and White Chamber of Commerce will also be restricted.

But let him miss this opportunity, Li Zitao was a little unwilling in his heart, and he didn't have the opportunity to intervene in the Morgan system at any time.

The magnitude of Da Mo's future is there, compared with the Morgan Commercial Bank, which everyone is optimistic about now, what Li Zitao wants is Si Danli and Da Mo.

"We can co-opt their partners to become our equity representatives. Juliana came up with a plan.

"It's good to note that in addition to Harry and Stanley, Stanley has seven key partners, all of whom are targets to choose from. David nodded in agreement.

"I think it's good to have a private deal with them. Stellantis agreed.

As long as a private agreement is reached with him, let him become Lee's equity representative in Stanley, and play a role at a critical moment.

It is safest to wait until one day Morgan changes its structure to a shareholding system and then initiates a formal acquisition.

"That's it, the investment department is in charge of this matter. Li Zitao closed the document in front of him, and today's shareholders' meeting ended here.

"Charlie, you care a lot about Stanley, it doesn't look very good. Walking out side by side, Jonathan asked with some curiosity.

"I think Stanley will surprise everybody, in the near future. Li Zitao's words made the shareholders look preoccupied when they left.

In fact, Morgan Commercial Bank and Morgan Stanley cannot talk about who is strong and who is weak, both are on the order of magnitude of giants.

Stanley's rise was led by the boom in the securities market in the sixties, while Morgan & Co. has maintained its steady growth.

Some people say that Morgan has long surpassed its predecessor, J.P. Morgan, but who knows that Morgan is exposing all or the tip of the iceberg?

......

......

Da Mo's surprise is no longer visible, but the surprise of East Africa has come suddenly.

On 5 October, Italy declared war on Ethiopia.

The Second Italo-Egyptian War officially began.

The commander-in-chief of Italy's East Africa, General Deboro, as the commander-in-chief, attacked Ethiopia by three routes: northern, central and southern, and took the northern route as the main force.

As soon as the war broke out, Ethiopia panicked, but soon calm returned, and the Emperor's Guard and the armies of the local lords marched to the border.

The defeat in the first Italian-Egyptian war made Italy lose face as a great power, and Italy has been preparing the layout ever since.

The hardliners of the military, in particular, have been clamoring for revenge on the indigenous Ethiopians, and there is a reason why dictator Mussolini chose him as a target.

If you look at the Italian colonies in East Africa, Eritrea above Ethiopia and the Somali Strait to the southeast belong to Italy.

The entire strait was blocked by the Italian side, and the western and southern parts were all British colonies.

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

Italy also has a modern army of more than 300,000 in East Africa, which is equipped with mechanized corps such as motorcycles, automobiles, and tanks.

They also have advanced modern weapons, air force support, and much more.

Looking at the Ethiopian side, except for an elite army of 90,000 people, all the others were indigenous or slaves.

With spears in their hands, they followed their mounted commanders on foot to the battlefield, and the number of such troops was as high as 260,000.

And the 90,000 elite guards are also old-fashioned weapons from the end of the 19th century.

From the very beginning of this war, no one was optimistic about Ethiopia, and everyone knew that its defeat was only a matter of time.

In three days, in just three days, the main force of the Italian army, attacking from Eritrea, occupied Adwa, broke through the border defense line of the Egyptian army in the north, and attacked Makalay, the capital of Tigray province.

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

But the next development of the war was unexpected, or rather a surprise to everyone, and the Egyptian army withstood the attack of the main Italian army and kept them out of Makaré.