Chapter 1101: Hitting a Snake and Hitting Seven Inches
Westeros corporate headquarters in Midtown Manhattan, New York.
Michael Jordan, chairman and CEO of Westinghouse Electric, was invited to arrive on time, but after waiting in this reception room for a while, Simon Westeros pushed the door in and quickly got up to greet the other party: "Hi, Simon, nice to meet you." ”
"Hello, Mike," Simon shook hands with the white executive in front of him who had the same name as a legendary basketball superstar, and the two sat down on the couch together, and continued with a smile, "I just heard that you were in New York, and I wanted to take the opportunity to talk." ”
Girl A brought coffee in, and Michael Jordan waited for a moment for Alison to leave before she could say, "Simon, is there anything going on today?"
Simon took a sip of the coffee that Allison had just poured, leaned on the sofa relaxedly, and looked at the head of Westinghouse Electric: "Mike, the unit of the Rivne Nuclear Power Plant in Ukraine will be put into operation in the middle of this year.
Michael Jordan echoed and nodded: "Of course." ”
Two years ago, the construction of Unit 4 of the Rivne Nuclear Power Plant in Ukraine, after the series of all parties, the cost of the project that could have been completed with 500 million US dollars directly doubled to 1 billion US dollars, and the profit of which can be imagined, and under the guidance of the Westeros system, Westinghouse Electric got a share of 600 million US dollars, which can be described as the biggest beneficiary.
Michael Jordan is not a fool, he has heard a lot of things during this time, so he can roughly guess the purpose of Westeros inviting him over. It's just that in the end, Michael Jordan is unwilling to take the initiative to give in, and it depends on what Westeros hopes to do.
Simon was not in a hurry at all, and continued: "In addition, I also know that Westinghouse Electric is in contact with the Chinese government in some power cooperation projects recently, and it just so happens that I have a very good relationship with the Chinese government, maybe I can help?"
Michael Jordan smiled expectantly: "Simon, it would be great if it could be like this. ”
"Heh, actually, I also know that Westinghouse is considering selling its power division, including conventional power and nuclear power business, and is now pursuing orders just to increase the bargaining chips at the time of sale, right?"
Michael Jordan finally couldn't calm down this time and showed a shocked expression.
After the acquisition of CBS, in order to further expand in the media field, Michael Jordan intends to make a complete transformation of Westinghouse Electric, and has just recently had secret contacts with Germany's Siemens to sell the conventional power business, and Westinghouse's leading nuclear power business is also among the sales in the next few years.
There are no more than one hand in the know-how of this matter inside Westinghouse, and Michael Jordan did not expect that Simon Westeros would know.
Simon knew about it, mainly because of his old memories.
In the past, Westinghouse Electric sold its core business in the late 90s of the twentieth century, which shocked the industry, so much so that Michael Jordan was caricatured as a commercial spy planted in Westinghouse by Jack Welch, the head of General Electric. Knowing the results in advance, and then digging a little bit according to the huge network of contacts that the Westeros system has at this time, Simon easily learned more about it.
After a moment's hesitation, Michael Jordan finally stopped pretending to be stupid: "Simon, I'm sorry about some of CBS's criticism of Igritt a few days ago, I didn't know about it in advance. After a pause, Jordan added, "In this way, Simon, I will fire all those responsible for the relevant news arrangement, do you think this is okay?"
"Very good, Mike, I like smart people who can understand each other without much nonsense," Simon nodded slightly, and then changed the conversation: "However, this is just a small matter, I want you to do me another favor." ”
"Please?"
"Westinghouse terminated all deposit and loan settlement business with Mellon Financial Group, completely dissociating itself from it. ”
When Michael Jordan heard this, this time he was not only shocked, but even a chill went straight to his back.
Westinghouse and Mellon Financial are both headquartered in Pittsburgh, the capital of Pennsylvania, and the Mellon family has a century-long relationship with Westinghouse, which may not have survived the Great Depression without the help of the Mellon family.
None of that will be said for now.
Simon Westeros mentioned this incident at this time, which made Michael Jordan immediately have a premonition that this young tycoon was planning to make a move against the Mellon family, which can be called a precise snake hit!
Many of the industries involved in the Mellon family at this time, such as Alcoa, Chevron, Warner Lambert, etc., are limited to a single field, and the shareholding is not much after all, so the influence can be described as limited. Mellon Financial Group, on the other hand, has an influence that covers the entire Pennsylvania and other surrounding areas. Once they lose control of Mellon Finance, the Mellon family's influence in the Federation will be reduced by half, if not by half.
Speaking of which, Simon's intention to do so came to him some time ago when he was on a plane back from China and looking through the South Korean government's handling of Hanbao Steel's bankruptcy information.
Industry is the organ, and finance is the bloodline.
Simon planned to abolish the 'bloodline' of the Mellon family to influence and control the economy of the surrounding areas of Pennsylvania first, at this time, seeing that Michael Jordan was shocked and speechless for a while, he continued: "Mike, this matter is nothing to Westinghouse Electric, as long as you agree, I can immediately arrange a replacement bank to take over Westinghouse's business, and there will definitely be a good discount." This is one of them. Also, I know that Westinghouse's acquisition of CBS is just the beginning, and it's a great idea for you to completely transform Westinghouse into the media space in the next few years. The current Hollywood Big Seven, Disney, Paramount, and Columbia are all occupied by foreigners, which is a very depressing thing, and if Westinghouse can take over in the future, it will be a good result. As long as you agree, I can promise to help Westinghouse integrate in the media field in the coming years. You know, it's hard to get big just TV, or just movies, and the future of Hollywood is the world of diverse media giants. ”
was once again broken by the young man in front of him, Michael Jordan was even a little frightened, forcibly calmed down the turmoil, looked at the young man opposite and said: "Simon, the Westeros system and the Mellon family should not have much to do with each other, I don't understand why you are doing this?"
"If you want an answer," Simon shrugged, "it's a personal vendetta." ”
Simon has never been a person who likes to be careful, and even, as a human being in two lives, and then in this position, there are not many things in this world that can make him a little angry.
It's just that this is never a world where your generosity can be exchanged for other people's magnanimity.
Since the Mellon family provoked themselves, they must step back.
Of course, this is just an excuse to dig deeper.
At the end of the day, it's a battle for control of the country.
Through the entanglement of intertwined interests, the United States has been controlled by various old money families for a hundred years, and Simon, a new money descendant who has risen rapidly in the past decade, can only knock down the old money families who currently hold these powers if he wants to gain control of the country that matches his wealth.
There is only so much power in this country, it is impossible to win both sides, and it is destined to lose the other.
So it's a zero-sum game.
Moreover, in order to ensure the development of the entire Westeros system and ensure the safety of his own wealth, Simon had to do the same. Otherwise, let those old money continue to hold the power of the country, and the bigger the Westeros system, the more it will become a fat sheep in the eyes of the powerful.
Michael Jordan also knew that Richard Mellon Scaife was secretly trying to short tech stocks to attack the Westeros system, but he had no way of knowing the deeper insider.
Simon's current personal grudge can't solve his confusion at all.
It's just that, now that he is sitting in this office at this time, Michael Jordan understands that he has almost no second choice.
Simon Westeros just said that he can give Westinghouse all kinds of help, in fact, the subtext is also very simple, if he doesn't agree, these 'help' may turn into 'obstacles'.
On the Chinese side, with the influence of the Westeros system, Westinghouse could lose those potential opportunities for cooperation in a single sentence.
In the media field, Daenerys Entertainment acquired Metropolis ABC Group, and even took the initiative to make compromises in order to avoid CBS from setting up obstacles in antitrust review. The powerful Daenerys Entertainment needs to do this, and in turn, Westinghouse Electric wants to make its media business from small to large, and no step can avoid the other party, not to mention the increasingly close relationship between the Westeros system and Washington, and it may be just a sentence from Simon Westeros to make it difficult for Westinghouse.
On the other hand, Westinghouse Electric's complete withdrawal from Mellon Finance, in addition to the complete disappearance of the century-old friendship between the two sides, even without the blessing of the follow-up Westeros system, the Mellon family is unlikely to cause any harm to Westinghouse.
In the final analysis, it is the fundamental disparity in strength that makes Westinghouse have no choice.
Quickly sorting out the joints, Michael Jordan finally made up his mind: "Simon, I can promise you. However, frankly speaking, just Westinghouse's end of its cooperation with Mellon Financial will not have much impact on the bank. ”
Simon smiled: "As long as you promise, the rest is my business." In that case, Westinghouse can prepare for a public announcement tomorrow afternoon, and I'll have the Eagle portal co-publish a press release. ”
Michael Jordan was taken aback again.
Tomorrow afternoon, that is, even if he has a bias towards the Mellon family or something, he will not have time to turn around at all.
After the meeting with Simon, Michael Jordan, who still had some things to do here in New York, did not stay too long and flew back to Pittsburgh to set up.
The next day is Wednesday, February 26.
Last night, when Michael Jordan was still in bed early in the morning, he received a call from his assistant, and then faxed an article in today's New York Times: "Mellon Financial Company and Mellon Family Members Suspected of Conspiracy to Commit Loan Fraud, Federal Reserve and Federal Office of the Comptroller of the Currency Launch Joint Investigation."
The article details the inside story of Richard Mellon Scaife and other members of the Mellon family who have illegally obtained nearly $600 million in loans with Mellon Financial Group executives to speculate in the technology stock market in the past few months.
It took less than a week for the Mellon family to apply for a loan, and the review process was seriously irregular.
Collateral such as stocks provided by members of the Mellon family was significantly overvalued, and mortgage fraud was suspected.
The Mellon family declared that the purpose of the loan was industrial investment, but it was actually used for stock futures speculation, and the final loss was close to 90%, which brought huge risks to investors and was suspected of misappropriation of funds.
The above violations, the senior management of Mellon Financial Group took the initiative to give all kinds of cooperation, and there were also major financial crimes.
In the meantime, the Federal Reserve Board and the Office of the Comptroller of the Currency will set up a joint investigation team to investigate the various criminal acts of the Mellon family and the Mellon Group.
Michael Jordan stood by the fax machine in his pajamas and read the press release, and for some reason, the first thing that came to mind was Simon Westeros's operations during the '87 stock market crash. According to later disclosures, Simon Westeros pledged the proceeds of "Lola Run" before the stock market crash to obtain a large amount of cash for shorting the stock market, which also involved serious violations on closer inspection.
It's just that the result that time was a big victory for Simon Westeros.
The victor is not to blame.
This time, the Mellon family had no such good luck.
In fact, if the Mellon family hadn't provoked an opponent like Simon Westeros, although the Mellon family had lost a lot of money after a few months of speculation in technology stocks, it would not be a big deal.
But the question is that I am afraid that someone will be more serious.
Even, not only the Westeros system, but also the White House, there must be a force this time, after all, Mr. President is still mired in all kinds of scandals that Richard Mellon Scaife has spent money on.
Without Simon Westeros as support, even if he knew about it, the White House could only swallow his anger, after all, the big butler couldn't fight with the big boss behind the scenes.
Now there is another big boss with more money, and of course there is no problem.
As the New York Times article has been subsequently reported by the Internet, television and other media, the day of February 26 is simply a disaster for the Mellon family, which has been inherited for two centuries.
At the opening of the morning of the same day, the stock price of Mellon Financial Company collapsed directly, falling by 11% in just five minutes. In addition, the stock prices of Alcoa, Chevron and other companies related to the Mellon family also plummeted, because the Mellon family's loan funds were mortgaged by these stocks, and after the matter was exposed, the Mellon family could no longer obtain funds from other channels to make up for the shortfall, and Mellon Bank could only sell those mortgage stocks to offset the losses.
And that's not all.
In the afternoon of the same day, Westinghouse Electric inserted another knife and announced the withdrawal of all cooperation with Mellon Financial, which caused a stampede effect for a while.