Chapter 1348: Chapter 461: Sudden Upheaval in a Single Day
When no one was speaking, the phone on the table rang again, this time Henry Dale answered it, "Hmm, I understand!"
Then Henry Dale handed the phone to Amadei Gianini.
Amadei Gianini answered the phone; it was a call from their New York branch director.
"Sir, a large influx of funds has suddenly appeared on the market, quickly buying up all the stocks of the Italian Bank. Many brokerages have not had time to raise prices, and the stocks those brokers already held were bought out within just ten minutes, the company’s stock price has reached its previous peak and is still climbing!"
Amadei Gianini was struck dumb; how vast must such a sum be, surely at least a hundred million US dollars in cash, and more importantly, how many people would need to act at the same time to buy up all the Italian Bank shares on the market so quickly?
But Amadei Gianini was a man who had weathered many storms, and after his initial shock, he immediately said: "Hurry and fight to buy back our bank’s shares from them, no matter what the price is. At the same time, immediately investigate who is doing this!"
Such a vast sum of money and so many stock brokers; it must be multiple brokerage firms trading simultaneously. Now, we can only investigate the identity of the ringleader.
The high probability is that it’s Morgan doing this.
Before Amadei Gianini could hang up, another phone on the table rang.
Henry Dale answered the phone again and handed it to Amadei Gianini once more!
Amadei Gianini glanced at Henry Dale, hung up his phone, and answered the other.
The caller was Crea Gianini.
"Father, the Federal Reserve has formally filed an antitrust lawsuit against our bank with the Supreme Court. The Supreme Court has accepted the lawsuit and called us, asking us to prepare all the legal documents for the defense within a week!"
Crea Gianini’s voice revealed panic through the phone; their other plan was yet unfinished, and if this lawsuit proceeded now, they would undoubtedly lose!
Amadei Gianini felt a bolt of shock course through him, nearly knocking him over, "There’s a way, there’s a way..."
Amadei Gianini hastily said, "I understand, but don’t worry. I will immediately urge the Treasury Department and the White House to pass a bill, then the Federal Reserve’s lawsuit against us will become meaningless!"
After saying this, Amadei Gianini immediately called the office of Andrew Mellon, the United States Treasurer.
"Mr. Mellon, you are surely aware of the Congress discussion’s results. Now please immediately push through the nationwide commercial banking network bill, thank you!"
Amadei Gianini said earnestly on the phone.
On the other end, Andrew Mellon seemed very relaxed, and with a smile replied, "Mr. Gianini, please don’t worry. Since the Treasury Department has agreed to your previous lobbying, we will naturally pursue passing this bill upon your request. But you know how things work with the government; there are always procedures to follow. Rest assured, in two weeks, in two weeks, I can submit this bill to the White House!"
Two weeks?
In two weeks, the Italian Bank would have a new owner!
Amadei Gianini naturally could not accept this outcome, so he variously pleaded on the phone, hoping Andrew Mellon could make an exception and swiftly approve the bill, then pass it on to the White House for signing!
But Andrew Mellon was firm, insisting that everything proceed according to legal procedures, not wanting to give anyone a handle on him.
The call ended with Amadei Gianini’s low growl of anger.
Anthony Rothschild’s expression was also grim; if the Giannini family failed, it would mean their own plan had failed. Under such circumstances, the Rothschild family’s development plan in California would also need to change.
Their future opponent in California wouldn’t be the Italian Bank, but the far more massive Morgan!
Morgan’s degree of difficulty was significantly higher than that of the Italian Bank.
And it was not just Morgan, but also Donnie Block’s Venus Bank and Breton Bank.
If this plan failed, the one suffering the least loss would be Donnie Block.
No, their family would have no loss at all, just remain the same!
Thinking of this, Anthony Rothschild suddenly had a notion, one that grew ever stronger.
"Donnie Block, is it possible that you, along with Morgan, orchestrated this whole affair?"
Block and Morgan were already deeply in cooperation, and in California, if Morgan replaced the Giannini family, it would only benefit Block with no drawbacks!
At this moment, Anthony Rothschild seemed to forget their previous assessment that Block and Morgan were already wary of each other!
Prompted by Anthony Rothschild, Amadei Gianini immediately reacted and glared at Donnie Block.
Donnie sat there, wearing a calm smile.