v3 Chapter 1314： The Chicago Consortium not willing to be hunted

Latest website: Chicago, USA, in a group of villas adjacent to the lake.

James McCormick, Kirston Wood, Simmons Amo, and Walker Crown gathered together.

The four of them are representatives of the four core families of the Chicago Consortium.

At the same time, the four people are also in charge of one of the four major financial core platforms of the Chicago Consortium, serving as chairman of the board.

James McCormick is now the seventh largest bank in the United States and the largest bank in the Chicago consortium, the Continental Bank of Illinois. This is a giant with assets of up to 42 billion U.S. dollars.

Coston Wood is in charge of the Chicago First National Bank, the second largest in the consortium. Although this bank ranks second, its total assets are as high as 38 billion U.S. dollars, not far behind the mainland Illinois Bank.

Simmons Amo is in charge of the Harris Trust & Savings Bank, the third largest in the consortium.

And Walker Krone is in charge of the Northern Trust Bank Corporation, the fourth largest in the consortium.

Of course, the four people only serve as the chairman of the four major banks, which does not mean that their family has absolute controlling rights in the four banks.

The Chicago Consortium is just a combination of their four major families. In addition to them, there are still other small families gathered around them.

This is also normal. After all, these four banks were not all created by them, and some were acquired later. They also went through the process of mergers and acquisitions during the development process, so it is inevitable that there will be other shareholders.

It's just that these shareholders alone have no influence and cannot influence the rule of their four major families.

However, with the continuous development and expansion of the Chicago consortium, the scattered equity of various companies is scattered outside, which is usually nothing.

But when giants like Rockefeller and Morgan think badly, these sporadic stocks are more deadly.

Because the Rockefeller Consortium and the Morgan Consortium have the ability and strength to aggregate these equity acquisitions.

Over the years, with the continuous penetration of the Rockefeller and Morgan consortiums, many companies in the Chicago consortium have been unable to thoroughly implement the will of their four major families, and many times they have to compromise with each other.

Most of the time, it is their four families that compromise.

After all, for them, the Chicago consortium is their foundation, but not for the Rockefeller consortium and the Morgan consortium. The latter two are completely without a psychological burden to destroy them, but they cannot.

Just like this time when they attacked the Canadian financial market, they knew that the Rockefeller Consortium and the Morgan Consortium had the will, but they could not stop it.

Although they are the chairman of their respective banks, they have not been able to control the board of directors and the management in these years.

Under the urgency of the Rockefeller and Morgan consortium, they have been pushed to the edge of the cliff.

Of course, this time they knew they were being used as guns by the two consortiums, but they also meant to cooperate on a subjective level.

They are unwilling to be eaten away by the two consortiums, so this crisis is also an opportunity, it is their chance to fight!

If it succeeds, it may not be able to quickly return to the blood, and then acquire some shares of the company, once again gain a foothold, and win a respite for them!

"Now the situation in Canada is almost out of control. The war is about to start. How are you preparing?"

The most prestigious James McCormick said, looking at the other three.

"Not bad, I have raised another $2 billion in funding from other companies."

Keston Wood said with a light smile.

The two billion US dollars of funds were not the funds of Chicago's First National Bank, but he raised them from other companies or temporarily borrowed them.

The money earned by the Chicago First National Bank belongs to the bank. He is only a major shareholder. Even if it wants to pay dividends, it will have to wait for a while.

And once his two billion dollars were invested in attacking Canada, the profits he earned would belong exclusively to his Wood family, which was essentially different.

"I also raised two billion dollars."

"My Crown family raised 1.8 billion U.S. dollars."

Simmons Amo and Walker Krone said one after another.

"James, where is your McCormick family?"

Keston Wood asked curiously.

Because everyone is a grasshopper on the same line, James McCormick also truthfully said: "I temporarily raised 2.5 billion US dollars in funds."

Among the assets of the McCormick family, outside of the financial sector, the largest are Deere Company and International Harvester Company.

International Harvester Company is a company started by the McCormick family. Starting from the harvester, it gradually penetrates into the field of agricultural machinery. It is currently the second largest agricultural machinery giant in the United States.

Of course, the largest agricultural machinery giant is Deere Company, this company founded by John Deere, after hundreds of years of development, successfully surpassed the International Harvester Company in 1958, and became the world's number one in 1963. , So far is still the case.

Of course, Deere was also acquired by the McCormick family and holds a large number of shares.

With these two machinery manufacturing giants, coupled with partial holdings in companies such as United Department Store and Sears Department Store, the strength of the McCormick family is naturally the strongest of the four major families.

The capital flow of the two major machinery giants is huge, and it is only natural that James McCormick can raise 2.5 billion US dollars.

Of course, the right to use the money belongs to them only temporarily, allowing them to make money. The ownership is not entirely theirs, after all, the company is not wholly owned by them.

As long as there is a shareholder, even if it holds a share, the company’s capital equity belongs to that shareholder.

But it is also very good to be able to use it. If it is a loan from a bank outside the consortium, it is not that simple.

"If you can raise 2.5 billion U.S. dollars, then the four of us will raise another 8.3 billion U.S. dollars."

"This money is definitely enough for us to harvest the fruits of victory!"

Walker Krone said with a smile, the pressure in his heart dissipated a little, and it seemed that the net weaving jointly by the Rockefeller and Morgan consortium seemed to be loosened a lot.

According to the original plan.

Now that the four major banks in the consortium have been promoted by the Rockefeller consortium and the Morgan consortium to become pioneers, they will use the most funds to do the hardest work.

Then when they completely defeat their opponents they can also seize the opportunity to fight the wind fight as soon as possible.

With 8.3 billion dollars of funds rushing into Canada, the Jedi was able to bite a piece of meat on the bulls.

At the same time, it can also rush into Canada and harvest high-quality assets.

These high-quality assets, whether they are cashed out later or retained, can enhance the strength of their four major families and use them against the Rockefeller and Morgan consortiums.

"Since everything is ready, let's act tomorrow."

"We should contact other financial companies and work together to reduce our pressure as much as possible. We can't just do what we do."

"It would be great if it can be effective in the first wave of offensive..."

ps: Second, what about the IQ of the four major families?

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