American Gossip King

Chapter 309 Negotiations with JPMorgan Chase (Part 1)

In late August, Republicans launched a recall campaign against Governor Davis.

Just as Ian had arranged, the incident proceeded without much fanfare. Governor Davis voluntarily stepped down, and Arnold officially became the candidate, issuing his own controversial promises.

At this point, Isortcherry had fulfilled his promise to Ian, securing three engineering contracts. Now, all that remained was for Arnold to take office and fulfill his campaign promise to halt those costly projects.

Although politics is a very complex matter, it is actually quite simple to implement if you have the resources.

Anyway, it's not my own money I'm paying out.

On September 4th, a piece of news came.

DreamWorks was acquired by Paramount.

Because of Ian Carl, the company finally couldn't hold on any longer and was acquired ahead of schedule.

This was bad news for Ian… Paramount only gave him 5% of the publicity budget and wouldn’t allow him a share of the box office revenue.

I missed out on earning a lot of small amounts of money!

9 month 6 day.

Another major news story has emerged.

Viacom and Comcast have entered into a strategic partnership.

This didn't exist in the original timeline.

Clearly, with Ian Carr's rise, many media companies have felt a sense of crisis, and the media industry is about to see a larger wave of mergers and acquisitions or strategic collaborations.

Ian didn't care about this.

Because he has focused his main efforts on negotiations between First Linuo and JPMorgan Chase.

With the acquisition of JPMorgan Chase, Ian Smith has officially completed his financial empire!

9 month 11 day.

On this day, Ian Carl returned to New York.

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

Prior to this, Gaskell had already had extensive contact with JPMorgan Chase, and the two sides had reached certain agreements.

………………

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

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

Ian was impeccably dressed and had an exceptional appearance.

The newly appointed assistant, Neil, was pointing out to him: "This is Mr. Helms, Chairman of Miha Securities."

Ian greeted him with a broad smile: "Mr. Hellmuth, it's a pleasure to meet you."

The white-haired old man gave Ian a warm hug, clearly needing no reminder from his assistant: "Our young media genius has now become a big shot in the financial world."

Ian said modestly, "I'm just an ordinary investor. What I'm good at is journalism."

"But you've done a fantastic job with your investments. Google has been doing very well lately, and almost all the stocks you bought have gone up."

A middle-aged man with gray hair laughed from the side.

Jamie Damon!

JPMorgan Chase CEO!

He served as CEO of JPMorgan Chase from 98 until Li Yi's time travel, which demonstrates his capabilities.

It was under the leadership of this renowned banking tycoon that JPMorgan Chase not only maintained a profit of nearly $20 billion every quarter, but also saw its investment banking and other businesses thrive against the market trend while the Big Five investment banks collapsed. This financial genius allowed JPMorgan Chase to stand firm amidst the storm.

Of course, JPMorgan Chase cannot do that now; it needs to complete the merger with USI first.

Oh, now it's number one Linuo.

Larger scale, higher profits!

Ian recognized the man without his assistant needing to remind him. He gave Jamie Damon a warm hug and said, "Gasker has always told me that he thinks you're the best banker in the world!"

This is not just flattery, but also a promise: after the merger of First Linuo and JPMorgan Chase, JPMorgan Chase will still be under your control in the future.

Jamie Damon naturally understood.

Jamie Dimon isn't a major shareholder at JPMorgan Chase, but he certainly wields considerable influence. Convincing Jamie Dimon is key to convincing the other shareholders!

As they chatted, Mr. Helms wisely left.

So the two of them walked toward the small living room on the side.

There were three elderly people sitting in the small reception room. When Ian saw them, his eyes lit up instantly.

They're all celebrities!

Warren Buffett, chairman of Berkshire Hathaway, is a renowned stock market guru.

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

Sandy Weir, CEO of Travelers Group, is a friend of Jamie Dimon.

The sight of these three people appearing together surprised even Ian.

He chuckled softly, "Wow, who did I see? They're all big shots from the financial world!"

Warren Buffett stood up with a smile: "You too, Ian Carr, and a young, promising talent at that. Your investment in PetroChina last year was quite good."

last year?

Oh, right, Ian invested in some of China Petroleum.

According to the original timeline, Warren Buffett purchased some shares of China Petroleum after its listing, and his fame also contributed to the rise in China Petroleum's stock price.

However, Ian also managed to snatch some from Warren Buffett, but he didn't take everything; his instinct was to try not to disrupt the original process.

The latest novel is first published here!

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

Sandywell, standing nearby, chimed in, "Just like we're optimistic about the media!"

Ian gave a thumbs up: "That's absolutely right."

Warren Buffett and Sandy Weald are both people who place great importance on the media.

In 73, Buffett acquired stock in The Washington Post's parent company for a mere ten million dollars, which later grew to 11 billion dollars, and is considered one of Buffett's most successful investments.

Sandywell, however, is a different story.

This person had an ordinary 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 Weir," lavished praise on Weir's management skills. This led the commercial lending company to give him a prominent position, which in turn fueled its subsequent rapid growth; one could say he benefited from the media.

Fortune magazine, owned by Time Warner, is a highly influential magazine in the United States. Ian Smith once tried to buy it, but Time Warner refused.

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

It could be said that without the media hype, Warren Buffett would not have become the "Oracle of Omaha," and with the title of "Oracle of Omaha," Warren Buffett's investment performance would be enhanced... Who wouldn't want to curry favor with a powerful figure?

Perhaps for this reason, both of them actually came to the negotiations with JPMorgan Chase.

Warren Buffett, Charlie Munger, and Jamie Dimon are not Jewish. Only Sandy Wells is Jewish (Warren Buffett has Jewish ancestry, but he does not practice Judaism. His Jewish identity is based on his mother's lineage. Buffett himself does not consider himself Jewish, but there are rumors that he is).

However, not all Jews are of one mind. As it stands, Sandywell shows no hostility toward Ian because of this.

That's great!

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

I hope to meet with Soros again sometime.

Given Ian's current status, he is qualified to meet with any global business tycoon he wants. He can't just meet with presidents and party leaders whenever he wants, but he can certainly meet with them if he's willing to wait.

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

Jamie Dimon said, "JPMorgan Chase, Travellers Group, and Berkshire Hathaway all have close partnerships. We are also very interested in partnering with the Carl Group, given their strong expansion capabilities and the fact that you've always needed substantial financial support, haven't you?"

Hearing this, Ian understood a little.

Jamie Damon was calling him.

You want JPMorgan Chase, isn't it just about creating the world's number one bank to be your endless ATM?

But it's not that simple!

Super banks are not small banks, and their past practices cannot be replicated.

If you want to gain special privileges, you'll need to make some concessions.

Negotiation tactic: You must create conditions for yourself; if there are no conditions, you must create them.

Every time the Americans seek negotiations with China, they first impose a round of sanctions. Why? Because they want to create conditions for negotiation.

Jamie Damon was being polite; he wouldn't use a strategy of sanctions first and then negotiations with Ian. But Ian's private motives still needed to be brought up.

Ian laughed and said, "Carl Group is currently attracting a lot of investor interest, so it's not really that thirsty for funds right now."

Who says only women who say no are considered yes?

Ian Carl would also say no.

I don't need JPMorgan Chase's funding; that's just how I was before I secured it.

(End of this chapter)