American Legendary Life

Chapter 675: Italian-Egyptian War broke out

The next day.

Wall Street Building 60, Wells Fargo Headquarters.

"Morgan Stanley has just been established and lacks a stable and continuous business. I don't see the benefits of cross-shareholding." Dick Mellon expressed his opinion to other shareholders.

Morgan Stanley's vast network of relationships and capital reserves are still tempting for them, but Morgan Stanley has only a hollow shell.

Speaking of business segmentation, all networks are left in commercial banks, and it is up to Stanley’s own partners to want to break into the world.

Let the rich countries cooperate with Stanley, it seems to them that they are proactively setting up an opponent for themselves. What are the benefits?

"Strantis, what do you think?" Li Zitao sat lazily on the throne and turned his pen lazily.

"I don't agree with this proposal. Morgan is very dangerous. It is the top carnivorous crocodile. No one can compete with it in the financial field, at least for now,

I am very worried that Morgan will eventually penetrate our main body and break the current balance. "

Li's holdings are now not just a person or an interest group, but the financial entities of Rockefeller, the Chicago Consortium, and Lee's.

Mellon is relatively better, they also have their own Mellon Bank, but the first bank of the Chicago Consortium and Rockefeller’s Manhattan Chase have been integrated into the Lee.

If the money bags were penetrated, Morgan would have taken their lives.

It's awkward to say that what they want to do in the future will have to look at Morgan's face.

In the financial field, no one is optimistic that the rich countries can compete with Morgan.

Morgan has dominated Wall Street for many years, and rich countries are far behind both in experience and heritage.

"Charlie, I am not optimistic about this proposal." David Rockefeller pondered: "Just like Dick and Stratis said, Morgan is an authority in the financial field."

‘It’s just a name that makes famous people fear. Is this Morgan? 'This situation was unexpected by Li Zitao.

Seeing Juliana's heavy face, she should also disagree.

That's right, after all, she worked at Morgan from the beginning, and she has a better understanding of this financial trust than ordinary people.

Turning his head to Jonathan, his face was also serious, but he didn't say anything.

"Let's put this proposal down next and talk about the issue of Stanley shares... I think you have read the partnership agreement, what should I do?"

Li Zitao did not rush to continue to promote, as others have said, Morgan's name in the financial field came out step by step.

Every employee who comes out of Morgan is an elite that other financial institutions want, and its huge talent pool and experience are unmatched.

They have some concerns, as does Li Zitao. If the rich countries and Chase are infiltrated by each other, the development of the Blue and White Chamber of Commerce will be hampered.

But let him miss this opportunity, Li Zitao was a little unwilling in his heart, not always have the opportunity to intervene in the Morgan system.

Morgan Stanley's future magnitude is there. Compared to Morgan Commercial Bank, which everyone is optimistic about, Li Zitao wants Stanley and Morgan Stanley.

"We can draw its partners and let them become our equity representatives." Juliana proposed a plan.

"It's good to note that besides Harry and Stanley, Stanley has seven main partners, all of whom are selectable targets." David nodded in agreement.

"I feel good, and reached a private agreement with it." Strantis also agreed.

As long as a private agreement is reached with him, let him become the representative of Li's equity in Stanley, and it will play a role at a critical moment.

It is the safest way to wait until one day Morgan changes its structure and changes to a shareholding system before initiating a formal acquisition.

"That's it. The investment department is responsible for this matter." Li Zitao closed the document before him, and today's shareholder meeting is over.

"Charlie, you care about Stanley. It doesn't look very good." Jonathan asked curiously, walking side by side.

"I think Stanley will surprise everyone, in the near future." Li Zitao's words meant that the shareholders were very worried when they left.

In fact, Morgan Commercial Bank and Morgan Stanley can't talk about who is strong and who is weak, both of which are of the order of Big Mac.

The rise of Stanley was driven by the vigorous development of the securities market in the 1960s, and Morgan has maintained its steady development.

Some people say that Morgan Stanley has already surpassed its predecessor, JP Morgan, but who knows that Morgan has exposed all or the tip of the iceberg?

...

...

The surprise of Damo is now out of sight, but the surprise of East Africa is unexpected.

On October 5, Italy fought against Ethiopia without declaration.

The second Italian-Egyptian war broke out officially.

The commander-in-chief of Italian East Africa, General De Boro, as the general commander, attacked Ethiopia on three routes: North, Central and South, with North Road as the main force.

As soon as the war broke out, Ethiopia panicked, but it quickly calmed down again. The Emperor's Guard and the army of the lords of various places went to the border~www.wuxiaspot.com~ The first Italian-Egyptian war defeated Italy and lost all powers Italy’s face has been preparing for layout since then.

Especially the hardliners in the military have been clamoring for revenge by Ethiopian natives, and the dictator Mussolini will choose it as the target for this reason.

Looking at the Italian colony in East Africa, you can see that Eritrea above northern Ethiopia and the Somali Strait in the southeast belong to the Italian side.

The entire strait was blocked by the Italian side, and the western and southern parts were all British colonies. Let’s talk about whether they can pass before the war broke out.

But after the outbreak of war, these places have been closed to Ethiopia.

Italy also has a modern army of over 300,000 in East Africa, equipped with mechanized legions such as motorcycles, cars, and tanks.

They also possess advanced modern weapons, air force support, etc.

Let's take a look at Ethiopia. In addition to an elite army of 90,000 people, the others are all indigenous or slaves.

With a spear in their hands, they followed the riding officer on foot to the battlefield. The number of such teams was as high as 260,000.

The 90,000 elite guards also have old-fashioned weapons from the end of the 19th century.

From the beginning of this war, no one is optimistic about Ethiopia, and everyone knows that its failure is only a matter of time.

In three days, only three days, the main force of the Italian army attacking from Eritrea occupied Adua, broke through the border of the northern Egyptian army, and attacked Makare, the capital of Tigre province.

The situation seemed to be clear, and the Italian army wanted to end the war quickly and avoid pressure from public opinion.

But the subsequent development of the war was beyond everyone's expectations, or to surprise everyone, the Egyptian army actually withstood the main attack of the Italian army and blocked them from Makare.

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