America: My Time
Chapter 342 Taking Advantage of One's Own Interests
Chapter 342 Reclaiming One's Own Interests
Chapter 342 Reclaiming One's Own Interests
The next day, Naoko, Akina, and Hitomi Kuroki accompanied Riko to the hotel to tour San Francisco. Around noon, John received a call from Morgan, who were willing to take on the deal. Details would require Akio Morita to arrange for someone to visit Morgan for further discussion. Jimmy didn't mention Hurricane Investment's involvement, seemingly unaware of it. In reality, Morgan had been fully cooperating with Hurricane Investment from the very beginning, instantly plunging Freeport into crisis.
This time, it wasn't just Morgan Stanley that was taking action; everyone else on Wall Street was involved. No one had faith in Freeport, no one believed it could withstand Hurricane Investment's attack. As for why this was happening, these Wall Street guys knew: Quantum Mining had been exposed, their calculations had been revealed, and therefore they had to bear John's wrath and face Hurricane Investment's frenzied counterattack. Even Lehman Brothers had fallen to Hurricane Investment's attack; what ability did Freeport have to withstand it? In just one morning, Freeport's shares plummeted.
Faced with this situation, Freeport panicked and could only turn to the White House for help, using all its connections to change the status quo. Freeport had a good relationship with Donkey, so they contacted him immediately. However, Donkey's relationship with John had just improved, and if they intervened now, the newly eased relationship might break down again. But they couldn't just watch Freeport guys fall, since these guys had a very good relationship with Donkey.
Regarding Freeport's request for help, the White House stated that it was normal business practice and they couldn't interfere. At most, they could arrange for Vice President Bush to make another trip to meet with John and persuade him to back down. Last time it was for Lehman Brothers, and this time it's for Freeport; Bush is helpless in this situation.
Due to time constraints, Lao Bu first called John, as the situation at Freeport was extremely dangerous and it might collapse before the market closed that afternoon, before he could even reach San Francisco. Hurricane Investment's move sent shockwaves through Wall Street, with many Wall Street giants siding with them and believing Freeport had no chance of withstanding the storm.
Although Hurricane Investments has a limited number of investments on Wall Street, mostly engaging in small-scale operations to accumulate so-called 'experience' and even continuously losing money, no one dares to underestimate its existence. In fact, many people believe that Hurricane Investments' losses are just bait, and anyone who believes that would be a fool.
No sooner had Donkey hung up the phone than John received a plea from the White House, also for Freeport. Although John had known someone would plead for him, he hadn't expected Freeport to have the combined power of both Donkey and the White House.
“No one can calculate quantum mining without paying a price. My actions this time have been very restrained. Otherwise, given Freeport’s behavior, it would have been war. They started the trouble first. It’s not impossible for them to make me back down, but I need an explanation, an explanation that satisfies me. If they can’t do that, then there’s no need to continue the talks. I will recoup the losses from quantum mining in the financial market!” This was John’s answer to the donkey, and also to the White House.
Whether it was the donkey or the white house, they both understood the reason behind the situation and knew that Freeport had brought it upon itself. As John had said, his actions had been quite restrained, avoiding any use of force. John's Jaguar Security Company was no ordinary organization; such provocation was tantamount to war.
“Mr. John, Freeport may not be able to hold out until the market closes. The entire Wall Street is taking action. For the sake of the United States’ financial security, please give Freeport a chance. The stock market is now experiencing turmoil again.”
"Alright, for the sake of US financial security, I can give them a chance to temporarily slow down their counterattack. But they must give me a satisfactory explanation, that's non-negotiable. I believe the White House should know what Quantum Mining lost. Although that data hasn't been processed by big data analysis, it still has enormous value. Also, Quantum Mining's big data system was attacked, and Freeport needs to take responsibility for all of this."
“Mr. John, what do you want? As long as it can resolve this crisis, I believe Freeport will not refuse your request!” At this moment, Old Man Bush responded on behalf of Freeport. In his view, whether Freeport was willing to accept it or not, a compromise was necessary; the White House did not want to see a stock market storm affect the US economy.
"If I ask for funds, it's simply impossible given the current state of Freeport. You should know how much Quantum Mining has lost. For the sake of the White House and the persuasion of the Donkey, I can give them a chance. Quantum Mining needs to expand in Asia, and I want the Glasgow mine. If they agree, then this matter is over; otherwise, we'll continue. Quantum Mining's losses must be recovered; that's non-negotiable, and no amount of pleading will change that."
Upon hearing John's words, Old Man Bu couldn't help but sigh. He could hear the murderous intent in John's voice on the phone and knew that this little fox, John, would not compromise, and Freeport would have to bear this price.
"Okay, I'll grant your request on their behalf. The Hurricane Investment counterattack must cease immediately!"
"Impossible! I need a written agreement from Freeport. Hurricane Investment will only slow down the counterattack, giving them time to prepare!" Faced with Old Bush's request, John refused without hesitation, showing no mercy. This wasn't something that could be resolved with a single sentence. If he backed down and Freeport refused to acknowledge it, the problem would be huge. The White House didn't represent Freeport; those guys would do anything for profit. "Alright, I'll inform them!" Old Bush didn't say much more on this matter. He understood he couldn't persuade him further, otherwise he'd have to bear the consequences. John, though young, was incredibly powerful, and most importantly, he didn't want to make an enemy of his family.
Now, Lao Bushi represents the White House. It doesn't matter if the other party disagrees; it has nothing to do with him. But if he insists, the situation changes, the nature of the matter changes, and he will have to bear the consequences himself. Lao Bushi is not the owner of the White House and cannot take on this responsibility for it.
If the worst-case scenario occurs, Old Bush will have to face John's furious counterattack. After all, the interests behind this are too great, so great that no one dares to accept it. Old Bush is well aware of how impressive Quantum Mining's performance is and how astonishing the benefits represented by the leaked secrets are, so he will not allow himself to get involved in such a matter.
“I’m waiting for your news. They don’t have much time left. Don’t keep me waiting too long. I believe that’s a consequence they can’t afford!” John reminded the old man once again of the importance of time.
In fact, even if John didn't say it, the other side was well aware that all the giants on Wall Street were now taking action, and Freeport wouldn't last long. If John didn't stop, they would inevitably face certain death. In the face of the power of the entire Wall Street, Freeport was insignificant and would only be directly divided up.
No one could resist such temptation, but only if John was at the forefront; otherwise, they wouldn't dare go too far, as they still had to be wary of interference from the White House. But with John, everything was completely different. He was reclaiming his own interests, while they were just making money on the side, and no one could say anything about it.
Soon, Old Bush contacted the guys in Freeport, relayed John's request, and left it to them to decide whether to agree. Old Bush would not offer any opinion on the matter and did not want to get involved.
“Okay, he won, we agree to everything!” Soon, the people on the Freeport side agreed to John’s request. Although this would cost them a lot of money, considering the information they had obtained from Quantum Mining, they felt that the price was worth it. As long as there was a one-fifth or even one-tenth chance of success in that information, it would be worth it.
You see, that information contained a lot of information, especially several important locations, which greatly appealed to the guys in Freeport. So they were willing to accept John's request to end this crazy war as soon as possible.
Soon, the White House, the Donkey, and the Freeport people arrived in San Francisco and met with John. As soon as Wall Street opened, they took action, using their greatest connections to resolve the crisis.
Although they were reluctant, these guys quickly traded everything John had demanded from the Glasberg mine to Quantum Mining for one dollar, and no one objected during the process.
"This time, I'll let it slide for the sake of the White House and the donkey, but next time, if you provoke me again, it won't end so well. It will be a real catastrophe. I accept normal business competition, but if anyone wants to use such means to oppose me, they will have to bear my wrath."
After completing the transaction, John calmly addressed the Freeport personnel. Although his expression was calm, the murderous intent in his voice instilled fear in them and shocked the White House and the Donkey! It was the first time they had ever felt such a terrifying aura from this young man. The fact that such a seemingly young guy could exert such terrifying pressure shocked them all. In their shock, they also realized that although he was very young, he was an absolute prodigy and possessed a power that terrified many people.
(End of this chapter)
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