Chapter 108: The San Francisco Chronicle
Financial institutions in Europe and the United States have almost zero tolerance for those who eat inside and out, once they are found to be serious, some people will be dealt with by scavengers, so that they will not disappear into this world, the inferior will be imprisoned for a lifetime without any chance to go out, and the worst will be excluded from the entire industry, find another way to make a living, and make a heavy note on the file, so that when he is looking for a new job, this will also become a point of assessment for the employer, because no one knows whether the people who have a record once will betray them at an important moment next timeγ
As for why George didn't make any moves after he found out, on the one hand, it needs to be reconfirmed, on the other hand, this is the person James is looking for, so it should be handed over to James to deal with, he has no intention of getting his hands dirty, he believes that James, who has been at the bottom for many years and has extensive connections, will give him a very good explanation after verification.
"Carlos, how about I ask Citi to take out the San Francisco Chronicle shares in exchange for it?"
Now that he has a definite goal, George no longer worries about how things are exposed, and since they are exposed, and some people want to "pick up the leaks", why not replace it with something useful to him when the interest is about to reach expectations.
Compared to what George coveted but couldn't get, now that it can be exchanged for benefits, the loss in front of him is nothing.
The huge benefits brought by the things exchanged now cannot be achieved by the current "small profits", and only a big company like Citi will discard some precious things as cabbage at will.
"San Francisco Chronicle?"
Hearing George's words, Carlos suddenly looked at George in disbelief, how could the person who was still instilling in them a few days ago that the future belongs to the Internet era suddenly became interested in traditional media.
Although it felt a little incredible, the glittering look in George's eyes as if he had seen prey made Carlos unconsciously take a step back, and he unconsciously mourned for Citi in his heart.
The last time I saw this kind of look was when I had just joined George's team, and when George told him about the impending Internet bubble, although he had a skeptical look, but now the facts were in front of him, and George had successfully torn off a rather huge piece of fat in this feast of wealth, and he was not allowed to object to George's idea.
"Yes, San Francisco is where I was born, and my mother's first place in the United States is San Francisco, which carries countless fond memories of my childhood, although we later moved to Los Angeles and lived in a better house and enjoyed a better life.
But there is a sense of security that Los Angeles can't give me, and in my heart San Francisco is my home, and Los Angeles is just a temporary rest.
Americans have a poor sense of vernacularity, but for me, who has half Chinese ancestry and received two educations that almost made me schizophrenic since I was a child, I have an industry in my hometown and the support of my hometown people, and when I am outside, I will no longer be like a wild ghost floating around. β
took out a cigarette from the cigarette case on the desk and lit it, took a hard puff, let the smoke fill in front of his eyes, and George, who covered his eyes, said leisurely.
San Francisco represents all of his childhood, the most indelible memories in the back of his mind, as well as two people who were affectionately called Big Sister and Big Brother-in-law by George throughout his childhood because of the relocation and lost contact with him.
It was the softest part of his heart, and it was something he would never share with anyone, not even his closest mother, with whom George never shared that beautiful and fleeting memory.
"Okay, I'll relay your request to Mr. Will, and if nothing happens, I'll go and contact Mr. Cole and Mr. Will right now and relay your request to them. β
For George's words, Carlos is noncommittal, Americans have a poor sense of vernacularity, but regional discrimination is very much in the eyes, for example, New Yorkers in Los Angeles will be unconsciously excluded by various small circles, and in New York it is even more unbearable.
New Yorkers enjoy all the conveniences they don't have in New York, while outsiders have to pay more, if not all, to get the same opportunities as New Yorkers.
"Thank you!"
After watching Carlos leave his office, George pondered that the San Francisco Chronicle was one of the few influential print media outlets that remained in private hands without being controlled by the consortium.
Why did Citi take a stake in the San Francisco Chronicle, they generally look down on this platform whose circulation and influence are constantly being provoked and surpassed by the Los Angeles Times, and cannot bring them more benefits and influence.
Their stake is just to shut up the enemies who have been constantly reporting negative news about Citi and pulling the Rockefeller family out and whipping them at every turn, and to completely swallow back those things that are old and rotten grains, and not to provoke them.
If it weren't for the debts of the Alan family, Citi would not have had access to the hugely influential print media that has always regarded it as an enemy.
The moment Citi successfully sent its directors to the San Francisco Chronicle, it became the most humiliating day in the history of the San Francisco Chronicle and many of its supporters.
If George can really get it back, then he will become a hero to the shareholders of the San Francisco local family consortium behind the San Francisco Chronicle, and he will gain more of his own contacts and friendships from the Watt family.
As for whether the board of directors of Citi will agree, George is not very worried about this, those people only have interests in their eyes, just like those crocodiles on the board of directors of Apple, for their own interests, they often coax the shares down to a price level, and they are fiercely suppressed to obtain double profits, and there are more crocodiles within Citi, and they are more skilled.
George remembers that when the Abu Dhabi consortium bought Citi at the highest price, after the directors were dispatched, the stock price fell three times in a row, and in the subsequent competition, the shares of the Abu Dhabi consortium were successfully diluted off, and if it were not for the strong financial resources, there would be no scum left that might be embezzled, thus becoming the most painful lesson for them to enter the American financial industry.