Chapter 1334: Chapter 456: The Meeting in Washington
Amadei Gianini naturally couldn’t place all his hopes on the single bargaining chip of successfully lobbying the White House.
He was just waiting, waiting for someone to ask the question he wanted to be asked.
Now his daughter, Crea Gianini, had asked that question, which made Amadei Gianini very happy.
"Morgan wants to sue us under the guise of monopoly, so as long as we are not a monopoly, we are fine!"
After saying this, Amadei Gianini told Crea Gianini: "You should immediately register Pan American Corporation and place the majority of Italian Bank’s shares into this company, and at the same time, distribute Pan American’s shares into many people’s hands.
In this way, the Italian Bank won’t have the suspicion of monopoly!"
This is actually a method that many people could think of, but implementing it is impossible, so even if some thought of this method, they believed it wouldn’t succeed.
But now Amadei Gianini had voiced this method, plunging the people in the meeting room into silence. They believed the difficulty of this method’s success was something Amadei Gianini must be aware of, yet he still mentioned it.
So, does this difficulty mean that Amadei Gianini can actually solve it?
The most challenging part is evading the Federal Reserve’s oversight.
Many people guessed a bit, if Amadei Gianini’s method could succeed, it would mean that he had already found a financial consortium comparable to Morgan and Rothschild within the Federal Reserve.
This narrowed down the scope a lot, so who could it be?
Citibank? Rockefeller? Or Donnie Block?
But such matters, Amadei Gianini wasn’t going to say now, and they understood that he certainly wouldn’t tell them.
Yet, it is still the same point, a solution that everyone can think of actually indicates that if all the problems during the implementation of this plan can be solved, then this method must be a very successful one!
Thinking of this, everyone already began to smile.
Amadei Gianini, being Amadei Gianini, a grave problem that seemed to require territorial concessions and peace negotiations, was immediately met with a solution after he arrived in Los Angeles.
Since there is now a way to solve this issue, everyone naturally needs to get energetic and start implementing Amadei Gianini’s plan.
The first step of this plan is to show weakness!
Thus, the next day, Amadei Gianini publicly announced he would resign as president of Italian Bank and at the same time release 51% of Italian Bank’s shares.
Upon the release of this news, first in Los Angeles, then throughout California, it finally reached Wall Street.
Although everyone anticipated that this time Amadei Gianini might indeed not be able to save his Italian Bank, they still didn’t expect Amadei Gianini to give up resisting so quickly.
Under such circumstances, the stock prices of both New York and California Italian Banks plummeted once again.
"The largest bank in the Western United States is facing a crisis of dismantlement!"
On the same day, the Wall Street Journal published this report.
This was undoubtedly a kick at the Italian Bank while it was down, as everyone was selling Italian Bank stocks.
If this were in the electronics era of the future, Italian Bank’s stock price would be a sea of red with a lone speck of green!
Meanwhile, without anyone knowing, Amadei Gianini went to Washington. Although in his plan, lobbying the White House and Andrew Mellon was merely a delay tactic.
It didn’t mean that Amadei Gianini didn’t value this lobbying effort, since even if his plan succeeded, it only temporarily solved the crisis of his consortium and didn’t permanently resolve it. Someone would still target his Italian Bank in the future.
If his lobbying efforts were successful, it would not only avert this crisis for Italian Bank but also be a one-time and permanent solution.
What Amadei Gianini didn’t expect was to meet Donnie Block there!
This wasn’t the first meeting between the two.
Previously, when Donnie was in Los Angeles, he had also met once with Amadei Gianini, and because the Block Family also immigrated from Italy, their relationship was quite good.
"Mr. Block, I didn’t expect to meet you here!"
In Andrew Mellon’s office, Amadei Gianini extended his hand to shake with Donnie proactively.
Donnie responded with a smile: "Indeed, I didn’t expect it. I thought, Mr. Gianini, you should be staying in Los Angeles to resolve the crisis of Italian Bank!"
"There’s nothing much to resolve; this time, our Italian Bank admits defeat!"
Amadei Gianini said with a bitter smile, then earnestly added: "But this incident also served as a wake-up call for us, so my visit to Mr. Mellon this time is actually to hope our Italian Bank can be free from future concerns!"
After saying this, Amadei Gianini noticed that both Donnie and Andrew Mellon had surprised expressions on their faces.
"Did I say something wrong?"
Amadei Gianini didn’t know why Donnie and Andrew Mellon had such expressions.