American Scandal King

Chapter 309 Negotiations with JPMorgan Chase (Part )
In late August, the Republican Party launched a recall campaign against Governor Davis.

Just as Ian had arranged, the incident did not cause any major waves. Governor Davis voluntarily stepped down, and Arnold officially became the candidate and issued his own promise of dispute.

At this time, Isoltcheri had fulfilled his promise to Ian and obtained three engineering agreements. The next step was to wait for Arnold to take office, fulfill his campaign promise, and stop those expensive projects.

Although politics is a very complicated matter, as long as you have the resources in place, it is actually very simple to implement.

It’s not your own money anyway.

On September 9, a piece of news came.

DreamWorks was acquired by Paramount.

Because of Ian Carr's relationship, the company finally couldn't hold on and was acquired early.

This was bad news for Ian... Paramount only gave him 5% of the promotional funds and he was not allowed to get any share of the box office revenue.

I lost a lot of small money!

9 month 6 day.

Another piece of breaking news.

Viacom and Comcast have reached a strategic cooperation.

This did not exist in the original time and space.

It is obvious that with the rise of Ian Carr, many media companies have a sense of crisis, and the media industry is about to see a larger wave of mergers and acquisitions or strategic cooperation.

Ian didn't care about this.

Because he has focused his main attention on the negotiations between First Lino and JPMorgan Chase.

By taking over JPMorgan Chase, Ian will officially complete his financial sector map!

9 month 11 day.

On this day, Ian Carr came to New York again.

More than two years ago, he reached an agreement with CBS in New York, and two years later, he began trying to acquire JPMorgan Chase.

Prior to this, Gaskell had already had extensive contact with JPMorgan Chase and both parties had reached a certain intention.

………………

The luxurious lobby on the top floor of the Howard Hotel in New York.

A group of business tycoons from the financial circle gathered together.

Ian was well-dressed and looked extraordinary.

Nell, his new assistant, was reminding him, "This is Mr. Helms, the chairman of Miha Securities."

Ian greeted him with a smile: "Mr. Helms, nice to meet you."

The white-haired old man gave Ian a warm hug. He obviously didn't need his assistant to remind him: "Our young media genius has now become a big shot in the financial world."

Ian said modestly, "I'm just an ordinary investor. My specialty is journalism."

"But you've done great investing. Google has been doing great lately, and almost all the stocks you bought have gone up."

A gray-haired middle-aged man laughed nearby.

Jamie Dimon!

CEO of JPMorgan Chase!

He had been the CEO of JPMorgan Chase since 98 and was still in that position until Li Yi traveled through time, which shows his ability.

It was under the leadership of this famous banker that JPMorgan Chase not only maintained a profit of nearly $20 billion every quarter, but also its investment banking business continued to rise despite the collapse of the five major investment banks. This financial genius made JPMorgan Chase stand firm in the storm.
Of course, JPMorgan Chase cannot do this now. It has to complete the merger with Midea.

Oh, now it’s the first Lino.

Bigger scale, higher profits!
Ian knew this man without his assistant reminding him. He gave Jamie Dimon a warm hug and said, "Gaskell has always told me that he thinks you are the best banker in the world!"

This is not just flattery, but also a promise: after the merger of First Lino and JPMorgan Chase, you will still be the one in charge of the future JPMorgan Chase.

Jamie Dimon certainly understands.

Jamie Dimon isn't a major shareholder at JPMorgan Chase, but he does have a significant say. Only by convincing Jamie Dimon can we convince other shareholders!

At this moment they were chatting, and Mr. Helms left tactfully.

So the two of them walked towards the small reception room on the side.

There were three elderly people sitting in the small living room. When Ian saw them, his eyes lit up instantly. They were all celebrities!
Warren Buffett, chairman of Berkshire Hathaway, is a famous stock investor.

Charlie Munger, Vice Chairman of Berkshire Hathaway and Warren Buffett's golden partner.

Sandy Weill, CEO of Travelers Group and a close friend of Jamie Dimon.

The joint appearance of these three people surprised Ian.

He chuckled and said, "Wow, who did I meet? They're all big names in the financial world!"

Warren Buffett stood up with a smile: "You too, Ian Carr, and you are a young successor talent. Your investment in China Petroleum last year was quite good."

last year?

Oh, yes, Ian invested in part of China Petroleum.

According to the development of the original time and space, when China Petroleum was listed, Warren Buffett bought some shares, and it was his fame that drove the rise of China Petroleum.

But Ian also got a portion, which was considered as some he snatched from Warren Buffett, but he didn't get all of it. He instinctively tried not to affect the original process.

Ian smiled and said, "We are all very optimistic about China's development."

Sandy Weir, standing by, said, "Just like we are optimistic about the media!"

Ian gave a thumbs up: "Indeed."

Warren Buffett and Sandy Weill are both people who attach great importance to media.

In 73, Buffett held shares in the parent company of The Washington Post. At that time, he only spent 11 million. Later, this money turned into billion and was considered one of Buffett's most successful investments.

As for Sandy Weir, it was different.

This man had a mediocre early life and was a late bloomer. His success was attributed to a feature article written about him by Fortune magazine.

The article, titled "A Rare Manager: Sandy Weill," praised Weill's management skills to the skies. The commercial credit company, therefore, prioritized him, leading to its subsequent success. It can be said that he was a beneficiary of the media's influence.

Fortune magazine is affiliated with Time Warner Group and is also a very influential magazine in the United States. Ian once wanted to buy it, but was unfortunately rejected by Time Warner.

Therefore, finance and media are inseparable. The bigwigs in front of us have close ties with the media themselves.

It can be said that without the media's hype, Warren Buffett would not have become the "God of Stocks". But with the title of "God of Stocks", Warren Buffett's investment results would be boosted... Who wouldn't want to rely on such a big shot?

Perhaps it was for this reason that the two of them also came to the negotiations with JPMorgan Chase.

Warren Buffett, Charlie Munger and Jamie Dimon are not Jewish, only Sandy Weill is Jewish (Warren Buffett is of Jewish descent, but he does not practice Judaism. His Jewish identity is through his mother's lineage. Buffett himself does not consider himself Jewish, but there are rumors that he is).

However, not all Jews are united. As far as we can see now, Sandy Will has no hostility towards Ian because of this relationship.

This is good!
I must have a few Jewish friends to show that I am a good friend of the Jews!

I'd like to meet Soros again if I have the chance.

With Ian's current status, he is qualified to meet any global business tycoon he wants. He cannot meet the president and party leader whenever he wants, but he can definitely meet them if he is willing to wait.

At this moment, Ian greeted everyone with a smile and they all took their seats.

Jamie Dimon said, "JPMorgan Chase has close cooperative relationships with Travelers Group and Berkshire Hathaway. We are also very interested in cooperating with the Carr Group. After all, the Carr Group is expanding very quickly. You have always needed a lot of financial support, right?"

After hearing this, Ian understood a little.

Jamie Dimon was pointing at him.

The reason you want JPMorgan Chase is to create the world's number one bank that can be your constant ATM, right?

But it’s not that simple!
A super bank is not a small bank, and its past operations cannot be replicated.

And if you want privileges, you need to make some concessions.

Necessary means of negotiation: You have to create conditions for yourself, even if there are no conditions.

Every time the Americans approach China for negotiations, they first impose sanctions. Why? Because they want to create conditions for negotiations.

Jamie Damon is quite polite and it is impossible for him to adopt the strategy of sanctions first and then negotiations with Ian, but Ian's private tricks still need to be brought out and discussed.

Ian said with a smile, "Karl Group is currently receiving a lot of interest from investors, so we're not really that hungry for funds right now."

Who says that only women who say no are saying yes?
Ian Carr would also say no.

I don't need JPMorgan's money. That's what I said before I got it.

(End of this chapter)