Reborn Capital Madman

Chapter 0887 Overthrow me yesterday, overthrow you today

There is no room for two tigers in one mountain, which is the best portrayal of the current relationship between James Robinson III and Sanford Weir.

Using the information asymmetry golden finger mastered by Gao Xian, that is, in the "old script" many years later, the achievements of James Robinson III and Sanford Weill, especially the latter's legendary experience on Wall Street, finally acquired and merged with Citigroup

Bank, and became the CEO of the new Citibank, you can better understand why James Robinson III can't tolerate Sanford Weill.

A capable person often has a temper as great as his ability!

The conflict at work between Sanford Weir and James Robinson III was intense. The latter was able to mingle in top circles such as the Council on Foreign Relations, the Business Council, the Business Roundtable, the Brookings Institution, etc.

Boss, how can you allow your authority to be challenged by Sanford Will?

In fact, James Robinson III released the bait of being the CEO of American Express, but he still lingered on this throne. As a result, the executives who could not see the hope of promotion and became disenchanted were not only Sanford Weill, but also Louis

· Gerstner et al.

After the last trace of illusion was shattered, Sanford Weir made a decisive decision and took the initiative to leave while James Robinson III was still "generous", so as not to waste his time anymore.

When Gao Xian received Sanford Weill's decision in the United States, Gao Xian had already left for England. Fortunately, it didn't matter. William Miller could make the decision and help him enter the Bank of the United States.

In order to try to calm the dissatisfaction of many shareholders over the huge losses, Bank of America CEO Samuel Almacost happily accepted the parachute appointment of a senior vice president; Bank of America shareholders also wanted to take a look.

After Ford Weill, a capital expert, asked whether Bank of America could reverse its losses, the internal fighting temporarily stopped, and the situation of Bank of America entered a short period of stability.

Let’s put aside the Bank of America matters for now and continue talking about the progress of Goyi America’s acquisition of Lehman Brothers.

Sanford Weill's departure from American Express quickly became a new reason for Peterson to lobby Lehman Brothers to accept the acquisition of Cowi America - Have you seen the strength of American Express?

It has to be said that this shock had a miraculous effect, and Lehman Brothers clearly began to tilt towards the high-yield United States.

This is the brilliance of Peterson. After all, he has been the CEO of Lehman Brothers for many years and has a good understanding of the psychology of all parties, including the elders.

To be precise, the current name of Lehman Brothers is "Lehman Brothers, Kuhn, Robb & Co., Ltd.", reflecting the results of an important acquisition that took place in 1977.

At that time, under Peterson's leadership, Lehman Brothers acquired the troubled old investment bank Kuhn, Robb & Company.

I won’t go into details about the company’s qualifications on Wall Street. I only need to mention one early partner, Jacob Schiff, and you can understand it. In fact, Jacob Schiff’s grandson, John Schiff, is still Kuhn Robb’s

A partner of the company, but in his generation, how to spend money is the job.

After Lehman Brothers acquired Kuhn-Robb, Harvey Krueger, the original CEO of Kuhn-Robb, became vice chairman of the board of directors and senior vice president of the new company, with Peterson and Lewis Glucks

Mann has remained a cold observer during the company's political struggle.

Today, Harvey Krueger is one of Peterson's main lobbyists.

"You must have seen the strength of American Express. If Lehman Brothers, Kuhn & Rob Co., Ltd. accepted the acquisition of American Express, there is no doubt that only the main brand, namely Lehman Brothers, would be retained. As for

Have one hundred

Kuhn & Robb, which has a history of many years, is about to disappear." Peterson said eloquently, "In comparison, Lehman Brothers, Kuhn & Robb Co., Ltd. accepted the acquisition of Goyi Miguo, and the situation was obviously much better.

Now, the brand is retained and operates independently.”

Harvey Kruger smiled and said, "It's impossible for the US to allow Lehman Brothers, Kuhn & Rob Co., Ltd. to operate independently without making any changes, right?"

Peterson shrugged, "Well, to be precise, Koyi U.S. wants Lehman Brothers, Kuhn & Robb Co., Ltd. to further adjust and optimize and prepare for future listings, but this is not good for the current Lehman Brothers.

Brothers, Kuhn, Rob Co., Ltd., the impact is quite limited, after all, in the past few years, we have completed the adjustment from a partnership company, to a limited company, and then to a joint stock company."

Harvey Kruger nodded, "Does Koyi America have any suitable candidates for the post-acquisition CEO of Lehman Brothers, Kuhn, and Robb Co., Ltd.? It shouldn't be your return, right?"

"No, no, I am only providing consulting services for this acquisition of Goyi. Even if Goyi has that intention, I don't want to go back to Lehman Brothers." Peterson flatly denied, "As far as I know, Goyi

The U.S. plan is to use a headhunting firm to find a well-known Wall Street professional to serve as the new CEO of Lehman Brothers."

"This is not difficult to understand. After all, Goyi America has a plan to turn Lehman Brothers into a listed company."

At this point, Peterson laughed meaningfully, "If Goyi Miguo acquires Lehman Brothers quickly enough that the headhunting company has not found a candidate that satisfies Goyi Miguo, then Lehman Brothers cannot either

Since there is no leader, it is natural to give priority to insiders to serve as CEO, such as you, Harvey."

Harvey Kruger's eyes lit up, "Can I really do this?"

Peterson nodded confidently, "I am confident that I can persuade William Miller to accept the recommendation for the CEO."

Lehman Brothers held another internal meeting to discuss the matter of accepting the acquisition.

CEO Lewis Glucksman was full of energy and brought good news: "National Express has raised its offer to US$420 million, which is US$40 million higher than that of Colliers, unless Colliers raises its offer."

,Otherwise, it is obvious how to choose.”

Harvey Kruger coughed lightly, "The extra 40 million US dollars cannot be retained with the brands of Lehman Brothers, Kuhn, and Robb Co., Ltd. The independent operation has high value and sincerity, not to mention Goyi America."

It may not increase the acquisition price.”

Upon hearing this, Lewis Glucksman couldn't help but be stunned. Harvey Kruger, who has always been neutral, what does this mean?

Harvey Kruger added: "The company's operations are in trouble and it should not be delayed for a long time. I think it is better to vote as soon as possible."

Having said this, Harvey Kruger raised his hand, "I agree to accept the acquisition of Goyi America."

Only then did Lewis Glucksman realize that Harvey Kruger was sitting directly opposite him, and there seemed to be more people on his side.

When everyone present raised their hands one after another, Lewis Glucksman was surprised and frustrated. When did he become an abandoned ghost?

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like