America: My Time

Chapter 1036 Energy Layout
Chapter 1026 Energy Layout
Jimmy was well aware of the situation in Oregon, as well as the matter of the Federal Reserve Bank of San Francisco. However, because of the presence of George Lucas and Jack Valentine, it was not appropriate to discuss the Federal Reserve Bank of San Francisco, as that would have a negative impact. After all, the Federal Reserve's reputation had to be respected, and such matters were not suitable to be discussed in front of them.

“John, none of this is a problem. If you don’t mind, I can borrow your phone to contact them. I’m sure they’ll give you a satisfactory explanation soon. Everything will be fine!” Jimmy wanted to cut the Gordian knot and didn’t want the situation to spiral out of control. This was what Morgan had instructed him to do before he came. After all, if problems arose, it would affect the normalcy of the United States. If it really reached the public, the problem would get out of control and ruin the plans of the Federal Reserve and many others!
"I have no problem with that. As long as they provide compensation, everything can be settled. I need Westinghouse Electric immediately, and I trust you won't let me down. You'll help me get rid of those parasites!"

John's request was nothing; it was all easily accomplished. When so much of their power was combined, those guys were nothing but 'ants,' and anyone who dared to resist would suffer a devastating catastrophe.

Soon, Morgan received a call from Jimmy. At this time, Morgan was surrounded by Rockefeller, White House, and other figures. They had all calculated Jimmy's travel time to China and his meeting with John, so they were all waiting for news from Jimmy, as none of them wanted to see chaos in the United States. The situation in the US was swift. With White House, Oilfield Capital, and Rockefeller all fully supporting Morgan, the acquisition of Westinghouse Electric was completed quickly, as there were very few Westinghouse Electric shares left on the market.

After receiving Jimmy's call and learning that John had agreed to their compensation, everyone breathed a sigh of relief, especially the White House. They had never expected John's counterattack to be so fierce, which truly showed them how terrifying the media mogul could be.

After hanging up the phone, Jimmy laughed and said, "John, Westinghouse Electric is yours now. Soon all the senior executives will be leaving, and you can let Western Energy take over!"

“Alright, don’t worry. Once we get Westinghouse Electric and fulfill their promises, everything will return to normal. We absolutely won’t make things difficult for Morgan, or for you either!” John said, glancing at Jack Valentine and George Lucas. He had to give these two face; John wouldn’t ignore their presence just because Jimmy was there!
Although a verbal agreement had been reached, nothing was finalized yet. John hadn't received any compensation, so the matter couldn't be considered closed. John then said, "Jimmy, you've come all this way to China, so relax here and have a short vacation. I'm sure it will take another three or four days over there. Once everything is handed over, you can go back to the US with George Lucas and the others."

"Sure, I'd like to relax too. You know I haven't had a vacation in a long time, so I'm not going to miss this opportunity. But you can't just stay in China forever. There are still a lot of things to deal with in the US. What are your thoughts on the Westinghouse Electric matter?"

"I don't have any particular ideas, I just want to bring Westinghouse Electric back to normal, and divest all the other less important assets. The core business is the foundation. Since I plan to have Westinghouse Electric take over all of Quantum Mining's uranium mines, as well as the refinery in Canada and other assets, to increase their power and energy capabilities. Both the US and Europe have seen a standstill in nuclear power, but this can't go on forever. Westinghouse Electric should seize this opportunity to improve itself, otherwise it will have no competitiveness whatsoever. Their biggest problem is their lack of construction capabilities!"

"John, you don't want Westinghouse Electric to have its own construction team, do you? Do you know how difficult that would be?"

“I know, so I don’t intend for them to perfect themselves in the US. In comparison, I think China is more suitable, and I think China is the center of Asia’s development in the future. Japan has stagnated. I don’t think the core will remain stagnant forever, and it’s good to have this time of stagnation to develop the next generation of technology. Only by investing more in research and development during the off-season can we have better development when the market recovers. Opportunity is for those who are prepared.”

“John, something doesn’t seem right to me. If Japan is going to stagnate, then why do you still have so many investments in Japan?” A hint of doubt appeared on Jimmy’s face. Neither of them paid any attention to the presence of George Lucas and Jack Valentine regarding such investment issues.

“Originally, I did want to give those guys in Japan a hand and help them get out of their predicament quickly. Unfortunately, those guys are too insidious and greedy, and they betrayed me. So, I have to give up some of my investments in Japan. In particular, I originally planned to help them revive their real estate industry and get them out of their predicament, but now I have to give up. At most, I will only complete the Akihabara project and there will be no more real estate investments. These guys have done this kind of thing more than once!” John was lying. He never had such thoughts. It was just that Jimmy, Jack Valentine, and George Lucas were unaware of this. They did know that John had indeed started real estate reforms in Japan, and they also knew about the Akihabara project. After all, the 1:1 scale figures were something that shocked many people.

Jimmy nodded thoughtfully. He knew how big the conflict was between John and those guys in Japan. It could be said that John had had a lot of conflicts with those guys ever since he started investing in Japan. Moreover, these guys had been playing the "crossing the river and burning the bridge" game. Although all of this did not cause John any losses, the character of the Japanese was exposed. So he felt that there was nothing wrong with what John said.

"John, do you really think there's a possibility of a revival for core nuclear power? Right now, everyone is very averse to nuclear power, and Westinghouse's situation is the best proof of that. Aren't you afraid that your investment will go down the drain?" Jimmy still valued John's reasons for acquiring Westinghouse Electric, and he was also very eager to know John's thoughts.

"The revival of nuclear power is inevitable. After all, with global development, the demand for energy will continue to grow, and with global temperature changes, emissions need to be reduced. Nuclear power will naturally have a new lease on life. So I don't see any problem with entering the market at this time. It may require a huge investment, but as long as the integration of Westinghouse Electric is completed, everything will be fine. I don't expect Westinghouse Electric to make money in the early stages; as long as it doesn't lose money, that's enough. After all, I'm in the real economy, not financial investment. I'm different from Wall Street!"

John's requirements were really small. In the eyes of all investors, what they wanted was to make money, but John was not eager for quick success. This shocked Jimmy, but he also understood that John's philosophy was the most correct. At least the companies that John acquired are now doing very well, which is the best proof!

John had planned the integration of Westinghouse Electric for a long time, and he wasn't afraid of Jimmy finding out now, because he would soon take action after acquiring Westinghouse Electric to accelerate his plans. As for the situation in Japan, John intended to use the three of them to spread the word so that his public image wouldn't be affected!
Over the next few days, John accompanied Jimmy, George Lucas, and Jack Valentine on a tour of Beijing, seemingly without any pressure, as if they didn't care about the problems in the United States at all. This surprised the Chinese personnel, as they were all well-known figures and were familiar with the situation in the United States.

Westinghouse Electric was acquired by Western Energy! This news caused a huge stir. When it came from the United States, China was shocked, the American people were shocked, and even Wall Street was shocked. Although those powerful figures had heard rumors, they were still shocked when they actually heard the news of the successful acquisition.

What shocked everyone most was the news that Western Energy would complete a new integration of Westinghouse Electric and invest more heavily in research and development in its core business. This news caused a huge shock. As for Phoenix Media and Mandarin Oriental's acquisitions in Hollywood, few people paid attention, and neither Legendary Entertainment nor Phoenix Media mentioned relocation again, so the Hollywood crisis was temporarily resolved.

But then came even more shocking news: Westinghouse Electric would acquire all of Quantum Mining’s uranium mines. This news sent everyone into a frenzy, as no one had expected Quantum Mining to make such a split!
At this time, many mining and energy giants were puzzled, not understanding what John was trying to do or why he would make such an arrangement. Did John have more to do? Or was Western Energy going to shift from gas-fired power plants to nuclear power development? In short, many people wanted to find out everything behind this, but unfortunately, they couldn't touch John at all. John was now in China and completely ignored the situation in the United States. Moreover, the oil and gas giants dared not cause trouble at this time. After all, they had suffered a lot and paid a considerable price before, so naturally they dared not cause trouble again!

(End of this chapter)