The journey starts from the Titanic

Robles said sincerely, looking at Morgan eagerly.

If Stuart didn’t know how much Robbers usually envy and jealous of Morgan, and he often cursed that J.P. Morgan Firm robbed Robes Securities Co., he would really be deceived by this enthusiastic guy. That's it.

"Haha! That's great." Morgan stroked his beard triumphantly, and said, "Just call me Jack. Everyone knows how to do it. Actually, I'm older than you. It's okay to be your father. If you don't mind, you can. Call me Uncle Jack. The old name Mr. Morgan is too strange."

Situ Nan looked at him with a smile, and cursed inwardly: "Old fox."

But he was right. Morgan was old enough to be the father of Situ Nan.Situ Nan started his family from scratch, and in just a few years, through constant speculation, he finally had the strength that made Morgan admirable.

He has achieved achievements that others have been unable to accomplish in decades or in a few lifetimes. Age is a treasure!Faced with this stock with unlimited potential, why would Morgan not be tempted?

Even if you can't completely control this new force, you still have to draw them to the position of ally of the Morgan family.

Sharing the benefits, sharing the benefits from the ingenuity of others, this is where Morgan is smarter than his old man who used to call the wind and rain in the United States and is now a small bench in heaven.

"The two lads are nice, I like it very much. There is a party on my pirate ship No. 3 tonight. I hope you can attend and introduce some friends to you."

Morgan smiled and said, picking up the glass, Situ Nan, Robles and the others clinked it.

Although I was surprised a lot today, Situ Nan was willing to accept Morgan's goodwill, and was not disgusted at all.It's not easy to get Morgan's approval. It's something to be proud of. There are people on this earth who toast and drink with Morgan, but Fengmao water chestnut.

Don't look at Morgan from now on and the end of the day is amiable, but Situ Nan knows how proud this guy who pretends to be a noble birth is.

This can be seen from the clients of JPMorgan. Starting from Peabody, JPMorgan’s business partners are large entrepreneurs besides the governments of various countries. Generally, small companies cannot find a way to do business with Morgan. .

Morgan Bank does not advertise, display signs, attract customers, or set up branches, but the customers still visit Morgan's partners in the old respectful way.The competition is particularly gentle, and it is often covered with a polite mask.Low-key, as if afraid of others knowing, it is simply an alternative, but those capitalists who have worked with Morgan are all proud of their cooperation with Morgan.

On the returning car, Situ Nan and Robles didn't speak, they were thinking about their thoughts quietly.

Situ Nan had also anticipated Morgan's proposal that Robles Securities should be consistent with Wall Street banks such as J.P. Morgan.

For J.P. Morgan, a J.P. Morgan firm that has always been to rectify the financial order and reduce blind competition.Robles Securities will sooner or later be the target of their united battle.

Situ Nan and Robles have talked about this issue, but they didn't expect it to come so quickly.But standing with Morgan is good or bad, it depends on how Situ Nan and the others judged it.

Fortunately, their strength has been recognized by the banking industry headed by the Morgan family. In the future, financing policies and contacts will be of great benefit.

It may be so bad that their own companies will be eroded by them, and if they are not careful, they will face the danger of controlling their own industries.

There is no free lunch in this world. If you want to be in a consortium in the United States, it is inevitable to get entangled with Morgan, Rockefeller and others, and you can't avoid it.

Situ Nan had already experienced this, but he didn't expect it to be so fast.

The car was running on the road, and the scenery outside the window kept receding. Situ Nan looked at the Morgan mansion quietly in the corner of Madison Avenue. This family of Connecticut and London aristocrats combined with inherent nobility. Leng arrogant, disdain to be with mediocrity.

Compared with the Rockefeller family, the Carnegie family, and the Morgan family who are committed to charity, they seem a bit stingy. They never think that they are the savior, and they never think that they have an obligation to save those who are suffering from the lower class.

Even if the school they donated to build was also a nobleman, a student they trained, and then the famous President Roosevelt was the dead opponent of the Morgan family.

(Ps: I personally appreciate Rockefeller’s charitable behavior. Both blacks and whites are treated equally. Moreover, the Rockefeller family are all Puritans. Even if they are rich, they have no extravagant life. This is rare and deeply affects later American rich people. Social wealth truly returns to society!)

Morgan's summoning this time was both a blow and an incentive for Situ Nan, but in any case, since he chose the road, he must go on.No matter how strong your opponent is, you must maintain the belief that you dare to shine.

"This time Morgan is both a good show and a warning to us. We can't engage with him and can only show weakness, but it is also an opportunity for Robles Securities. It depends on how you grasp it." Situ Nan said to Robles.

"Yeah. By the way, when will our commercial bank plan be implemented?" Robes asked.

In fact, the current Robles Securities Company is an investment bank, but its establishment time is too short to establish its own commercial banking system.

Commercial banks like J.P. Morgan and Citibank are both investment banks and commercial banks. In addition to trading securities and stocks, they also have their own commercial banks, drawing large amounts of funds from depositors everywhere.

The lack of funding sources is also the current shortcoming of Robles Securities. Although Situ Nan knows a lot of very good speculation envy, it is difficult for a clever woman to cook without rice.

As soon as Robles mentioned this matter, Situ Nan was ready to move.

"Do you still have time to do this now? Do it if you have. I support you!" Situ Nan said generously.

"Forget it! Now Robles Securities is not busy with a lot of things, so let's take it easy! But if I don't do it, I will do the best as soon as I do it, at least in the future of our bank. Will join the Fed, and is one of the major shareholders." Robles said confidently.

He is still in speculative business, asking him to steadily manage to absorb deposits, review, lend, collect and then lend... Such a patience, meticulous commercial bank, Situ Nan asked him a question mark in his heart.

But thinking of the Federal Reserve, Situ Nan felt a fever in his heart.This is an artifact. Throughout the ages, nothing has been more mysterious than the Federal Reserve.

It is said that no one has ever known exactly who his master is and what the operating mechanism is.

The Federal Reserve was established in 1913, less than 4 years ago. Its influence is mainly in the northeastern part of the United States. It has not yet expanded to the west and south, but it will be a matter of time before we know it.

To put it bluntly, the Federal Reserve is an Association of American Bankers. The Federal Government mortgages taxes to the Federal Reserve. The Federal Reserve issues banknotes, which are US dollars, for use by the Federal Government and the American people.

This started as a private organization, but as the influence of the US federal government became stronger and stronger, the government's influence on the Fed also grew. After the financial crisis in 1929, Roosevelt, who came to power, implemented Keynesianism and strengthened the federal government. Intervention in the national economy, with the progress of the times, the Fed has gradually changed from a completely private nature to a partially public nature, and representatives sent by the government and Congress have become members of the Fed's board of directors.

Yeah?Private?

Many people in Situ Nan’s previous life had difficulty defining the nature of the Federal Reserve. The Federal Reserve did have private capital, but it would be too low to underestimate the wisdom of the American people to say that it was completely controlled by private banks.

The right and wrong in the middle are hard to tell after a hundred years.

But in 1916, Situ Nan knew that the Fed was completely private, and was organized by large families such as Morgan and Rockefeller to serve their oligopoly as a freak institution serving the American economy.

In fact, there is not much need to debate whether the Fed is public or private. Think about Morgan and Rockefeller after super consortia control the lifeblood of the US economy. To some extent, they are representatives of the US economy, and their interests are tied to the entire US economy. Together, it is completely one and two sides, and no one can do without another.

One day there will be the Fed in the United States, and the Fed will exist one day, and families such as Morgan, Rockefeller, Mellon and DuPont will all exist.

Even if it is a hundred years later, the descendants of those monopolistic families will not work in the companies founded by their ancestors, but their family's influence in the United States is still immovable!

Just like the British royal family, unless Britain no longer exists, the British royal family will remain.

This is the foundation of all generations of descendants!

This has nothing to do with anti-feudalism, anti-imperialism, or doctrine.

Only when one's own business kingdom is entangled with the lifeblood of this country, can it be considered success?

Thinking of the warmth in Situ Nan's heart here, he also felt the cold outside at all, despite the sparse snow floating in the sky.

Chapter 67: Meeting, conspiracy reached

In any case, Situ Nan's first meeting with Morgan was a bit nervous in his heart but passed smoothly with a friendly atmosphere on his face.

In the evening, Situ Nan and Robles are going to attend a small private gathering held by Morgan on the Viking cruise ship.

The Viking is anchored in New York Harbor, and there are other cruise ships anchored around. Situ Nan probably counted at least 30 cruise ships.

From a distance, these cruise ships are very new and well maintained. They are quietly anchored in this quiet bay. These cruise ships are like concubines waiting to be favored by their owners.

Although they are beautifully dressed, they are only the life of their second wife and third wife, but their wealthy owners are usually busy with the world's economic affairs and don't have much time to spoil these "resent women" waiting in the bay.

With a long wait of 365 days a year, they may not stay there for even a month.