Chapter 22: Giannini

When Jack arrived at San Francisco City Hall, it was about five o'clock in the rain, about an hour before the event began.

Although it was still an hour away, when Jack entered the town hall, he found that there were already a lot of people attending the event.

In the hall, people gather in twos and threes, women discuss fashion gossip, and men either discuss current affairs or just discuss issues of interest.

"Hello, Mr. Dawson." Just as Jack wondered if he could find a random place to wait for the event to start, a middle-aged man in his forties approached Jack and Ruth with a woman who looked a little older than him.

"I'm Amadeo Peter Giannini, chairman of the Bank of Italy, and I'm my wife, Crorinda."

After learning that the middle-aged man's identity was Giannini from his self-introduction, Jack suddenly had a feeling of indescribability in his heart.

You know, this is Giannini!

In the troika of future California consortiums, the San Francisco Group and the Los Angeles Group can be said to be formed by the local big businessmen.

But the American Banking Group is different!

The predecessor of the American banking group was the Bank of Italy, which was founded by Giannini in 1904!

Before Giannini founded the Bank of Italy in 1904, banking services were a 'luxury' enjoyed by a few wealthy people.

It was not until Giannini established the Bank of Italy that the Bank of Italy continued to be civilianized and broadened its business scope at Giannini's insistence, and Giannini seized the opportunity of the San Francisco earthquake to develop and grow rapidly.

So far, the Bank of Italy, under the leadership of Giannini, has become the largest bank in the western United States by bypassing legal loopholes (prohibiting a single bank from acquiring shares in other interbank banks), and its strength is also among the highest in the whole of the United States.

In his later years, Giannini was promoted to the throne of "the first banker in the United States" and became one of the giants who rewrote the history of American finance.

It can be said that in his previous life, after learning about Giannini's experience, he admired it extremely in his heart!

"Hello, Mr. Giannini, and Mrs. Giannini." Although he didn't know how Giannini knew him, Jack didn't want to think about it, and after greeting the Giannini couple, Jack introduced him to the Giannini couple: "This is my wife Ruth. ”

"Hello ......"

"Ruth, let's go ......"

"Okay."

After greeting each other, Ruth was soon invited away by Madame Giannini.

After Ruth left, Jack said with a smile: "Speaking of which, the Bank of Italy helped me a lot, when I bought Cedric, if it wasn't for the help of the Bank of Italy, I am afraid it would not be so easy to buy Cedric." ”

When Jack bought Cedric's company, Jack didn't have much money in his hands and needed to be careful about his calculations, so he hired professionals to help him buy it all the way.

Among them, there are Italian silver people!

Listening to Jack's slightly grateful words, Giannini didn't care, because it was the business of the Bank of Italy.

Moreover, the money was still collected.

"I've heard that your Cedric II is selling very well, and in the western states, your Cedric II has become the number one choice for most people to buy a car." Giannini smiled and complimented Jack: "In a short time, I believe that the Cedric II will surpass Ford's Model T and become the best-selling car in the United States!" ”

After listening to Giannini's praise, he was used to the popularity of the Cedric II, but he still felt a burst of excitement.

However, there is one thing that Jack is aware of, and that is that the sales of the Cedric II are not surpassing that of the Model T.

Because, he had already received the news that Ford had found out that Cedric had taken their shift and seized the market at a lower price. Ford also lowered the price of a Model T, from $850 to $730, which is $50 less than the price of the Cedric II.

Because of this, Jack ordered again two days ago to lower the level of a Cedric II by $50 again, and compete with the Model T for sales at $700.

If nothing else, Cedric and Ford will start a price war for sales.

"Thank you for the compliment," Jack shook his head, sighed, and said, "Ford has ordered the Model T to be changed to $730 after discovering that our Cedric II was a threat to their Model T sales. ”

"With the price reduction of the Model T, our Cedric II has to be sold at a reduced price, if it continues like this, alas, ......"

Jack didn't say what would happen if it went on like this, but Giannini was a smart man, and he couldn't have guessed.

"If Cedric really can't hold on, welcome Mr. Dawson to me, I am very willing to invest in your Cedric company, because I believe that if the Bank of Italy is lucky enough to invest in your Cedric company, we will be able to win together!"

To be honest, a month ago, Giannini had no impression of Cedric.

When Giannini knew about Cedric's company, it was only half a month ago that when he went to Los Angeles to investigate which banks were worth acquiring, he found that many people on the streets of Los Angeles were driving Cedric II., and he learned about Cedric's existence through his assistant's mouth.

After learning about Cedric and seeing so many people choosing to buy Cedric II., out of habit, he asked Cedric to investigate.

After receiving the results of the investigation, he had the idea of letting the Bank of Italy invest in Cedric.

Hence the present temptation.

As for Giannini's idea of getting the Bank of Italy to invest in Cedric, Jack is really reluctant to accept it.

What can the Bank of Italy bring to Cedric other than money?

Jack can't think of it yet.

Of course, Jack, who does not want to accept investment from the Bank of Italy, does not necessarily mean that he will not accept investment from others, but if he wants him to accept investment from others, the premise is that the investor will be of great help to the development of Cedric's company in other ways besides money.

However, Jack thought that no one knew if there would be any accidents in the future, so Jack did not intend to say it to death, so he replied with a smile: "If Cedric's company really needs bank investment, I must find an Italian bank." ”

"Then it's decided!"

When Giannini heard this, he immediately led Jack to a group of people who were blushing because they didn't know what they were arguing about.

……

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