The atmosphere at the Bank of America's shareholders' meeting was tense, but the process went exceptionally smoothly at the beginning.

This is not television, and the opposing parties do not need to exacerbate the atmosphere by exchanging harsh words before the opening.

After all, this is just a battle of interests, not a life-and-death battle.

At the beginning of the meeting, according to the rules of the Board of Directors of Bank of America, the Giannini-Monette Alliance, which is in fact the most powerful, easily won three board seats.

Then, the meeting entered the expected bright knife stage.

The fourth director, nominated by Chernov, was nominated by himself.

This is allowed by the rules.

"Voting begins. ”

Host Mario Giannini glanced at it casually and announced: "Congratulations on the approval of the nomination." ”

After a perfunctory applause, Mario asks the next nominee.

Not surprisingly, the next nominee is Eugene Stimson. Again, the nomination was approved.

Mario was no exception to this result. With the financial resources of Morgan and Rockefeller, it is not difficult to own a stake that guarantees a seat.

Next comes the key.

Mario was starting to get nervous, and all he could do was speculate that Morgan and Rockefeller would each have two seats, but he couldn't be sure who would be on the board.

Now that two have been identified, the rest will have to improve his concentration.

The next nominations will begin soon.

This time, the nominees came from the so-called neutral camp.

The sixth director is a university professor who had previously been an independent outside director of the bank.

Mario breathed a sigh of relief that this director theoretically represents the interests of institutional investors. And the largest institutional investor in Bank of America is the California Teachers Fund.

Previously, the agency was on Giannini's side.

If nothing else, Mario won the first game - at least he didn't have to worry about being removed as president by the board of directors today.

Seeing Mario's movements, Cherno touched his nose and was expressionless.

Don't rejoice too soon!

Next...... The election continues.

The seventh director is a middle-aged, bald man who is also a director of Wells Fargo.

The eighth director is a fat man with a kind smile, and he is also a director of the University of California, Berkeley.

The ninth director, who was not present, was a new face who was a professor at Harvard Business School.

Seeing that the professor was elected, although the bylaws allowed it, Mario still had some slight excuses.

"What happens to the new board meeting if the elected person is not there?"

Eugene smiled and said, "It doesn't matter, as long as it doesn't involve a major vote, what does it matter if the director is not there?"

"Or does Director Mario foresee that there is something that needs to be voted on by all directors later?"

Mario was speechless.

Of course, he couldn't do that, but he had the intention to do it.

After the hiccup, the proceedings continued.

The 10th director was finalized after two rounds of nominations, and the final winner of the position was a new face.

Nominations proceeded to the eleventh round.

The first person to propose a candidate was a minority shareholder.

"I nominate ...... Mr. Rick Taft. ”

Who is this man?

Except for a few people, everyone's first reaction was doubt.

Then someone sent Rick's information.

Now there is the sound of turning over the information, and the sound of small discussions.

Cherno and Eugene also got the information, but they didn't even look at it and put it aside.

"Now, let's vote. ”

After a brief cold moment, someone raised their hand.

In the end, Rick narrowly missed the board seat with a narrowly passing approval rating.

Rick was full of regret for the result, and after the next nomination appeared, he looked at Eugene with apologetic eyes.

Eugene shook his head imperceptibly.

Ten minutes later, the 11th and 12th seats were decided.

Finally the last seat arrived.

The old god Cherno is here, and it seems that the victory is already in hand.

Mario also looked relaxed, and had time to glance at Cherno and Eugene, who represented the invaders, with a sarcastic smile.

The last person to speak on the nomination was Peter Cohen: "I, as a surrogate, nominate myself...... Peter Cohen. ”

After the power of attorney was made public, Peter Cohen's nomination was confirmed to be valid.

With a smile on his lips, Mario urged, "Now, vote, I hope this is the last time today." ”

I agree......

I agree......

As soon as Mario's words fell, the results came out.

"Congratulations, Mr. Peter Cohen!"

Mario nodded to Peter Cohen and said, "Now, the new board of directors has been formed. ”

"It's just time for lunch, so let's celebrate. I've arranged a sumptuous meal. ”

With that, Mario got up and tried to adjourn the meeting.

"Wait!"

It was Cherno.

"Of course we want to celebrate, but until then, we have to get our board up and running. ”

"After all, our board of directors has a lot of responsibility, and the previous board of directors was dissolved because it didn't play its proper role. ”

"Guys, I don't know if I'm right?"

Chernov's words were rightfully echoed by some.

So, Mario had to sit back in his chair.

"It's a good thing that the directors are so concerned. Mario was slightly flustered, Cherno was too calm. Did he still get his hands on it?

No, by no means!

After calming his mind for a while, Mario said, "However, since it's a board of directors, there is always one issue. ”

"Mr. Chernov, since it was your proposal, why don't you mention this first topic?"

Cherno glanced at Mario and smiled contemptuously, as if to say that it was finally time for this.

Cherno nodded and said, "Okay!"

"In that case, you're welcome. ”

"Ladies and gentlemen, Bank of America, as the largest bank in California, has thrived under the leadership of the former chairman and has delivered handsome returns to shareholders. ”

"However, the previous generation is a dragon, and the next generation may be a worm. ”

"As far as I know, since Mr. Mario took office, there have been problems with the operation of Bank of America......"

After a lengthy accusation, Cherno: "So, my proposal is to remove Mario as president and choose someone else to take over." ”

There was silence in the conference room, and after a while, Mario said with a gloomy face: "Chernov, you ......"

Mario was about to retort, but was stopped by his sister Claire, who said, "It's useless to talk more, directors, vote!"

"I'm against it!"

The first to speak out was the Mario trio.

And then there was no movement.

Mario stared intently at the sixth elected INED.

"Is there anyone else against it?" Mario smiled lightly and added, "Please speak out if you abstain, and those who don't say anything will be considered to be tacitly supported." ”