Chapter 1659 Working Together Is a Joke

Not to mention Damo's gloom and gloom, yes, they were indeed afraid. William White's behavior was very strange, and it was impossible to judge his next actions. So, can this behavior be regarded as a warning?

It seemed like a warning, and judging from the current situation, William White had lost his patience. If it were still a cat-and-mouse game, everyone could actually take their time, but if one of them flipped the table, the next thing would be difficult.

After dealing with each other for so many years, William White's violent tendencies have become more and more serious, and everyone can see it. So, is it really necessary to anger such a vicious person?

The old guy really wants to fall out, but he really does. William White's sudden rise has indeed affected some people's wallets. He even regretted that if he had joined hands with Citigroup to suppress it, there would have been two situations today.

"No time, Andy, go find the president. Who can say anything more now except for this person's endorsement?" Buffett refused directly, not even intending to listen. Do you idiots understand that every time you are disgraced in the end, you are finally done with it? I just want to ask, can we order 13 faces?

"Warren, this is my last mission before leaving Dalmore,"

Well, Buffett is stunned. Although he can boss him around now, after Andy takes over successfully, he will not be able to lose face.

But the more this happens, the more cautious Buffett becomes. Judging from what this guy said, Morgan Stanley will make some moves in the near future. And this move was actually to gain understanding. He thought he understood correctly, but this was too scary. What did William White do, and why did Damo have such an attitude.

Damo's inexplicable withdrawal left everyone speechless. Apart from hearing that there will be major personnel arrangements, there is no unnecessary action.

"Charlie, what's going on? I can't understand why." After sending classmate Andy away, Buffett was very surprised that this guy was not asking him to complain.

Yes, Buffett admitted that he did not understand wrongly. Morgan was just sending a message to him. However, today's young people are so awesome. People like Damo would have to bow their heads and admit their mistakes.

"There is definitely something. The wave of transactions a year ago should be the trigger. If you want to find out the reason, it is best to find William White himself." What kind of existence Morgan Stanley is on Wall Street, Charlie Munger has no way of telling, but William White White, is this guy really capable of doing this?

Once upon a time, the total assets of banking companies controlled by Morgan Stanley accounted for more than 50% of the U.S. consortium at that time. As the competition among consortiums continues to intensify, and other consortiums all use Morgan Stanley as the main target of attack, its strength and status have declined relatively, and it was once surpassed by the Rockefeller Consortium.

To reverse its decline, it took a variety of measures. In terms of finance, we use our strong financial foundation to expand our strength. In terms of industry, it actively explores emerging technology industries. Since the 1960s, it has ranked first in electronic computers, high-speed copiers, microfilm and other technology sectors. International Business Machines Corporation, to which the consortium belonged, was the largest manufacturer of electronic computers in the world at that time. Industries such as electrical equipment, power equipment, and atomic energy equipment, which the consortium originally had a good foundation for, have also made great progress.

In the arms industry, General Electric Company, General Dynamics and Grumman Aircraft Company, controlled by the Morgan consortium, rank among the largest arms contractors in the United States. By the late 1970s, Morgan Stanley's trust assets had grown rapidly, greatly surpassing those of other consortiums. The rise of cutting-edge technology industries such as electronic computers had doubled the economic strength of the consortium. The Morgan Stanley Group is superior to the Rockefeller Group in terms of the number of companies it controls and the assets it owns.

Morgan Stanley has a strong foundation in the financial industry, and its main pillar is JP Morgan. Morgan is one of the world's largest multinational banks, with 10 subsidiaries and many branches in China, as well as more than 1,000 communication banks. It has branches or representative offices in about 20 major cities abroad, and has equity interests in financial institutions in nearly 40 countries. Its business characteristics include large-scale buying and selling of stocks and operating huge trust assets. It controls the equity interests of 37 foreign commercial banks, development banks, investment companies and other enterprises.

In addition, there are manufacturers Hanover Company, New York Bankers Trust Company and Northwestern Bank Company, Prudential Life Insurance Company and New York Life Assurance Company, etc. In terms of industrial and mining enterprises, there are mainly International Business Machines Corporation, General Electric Company, International Telephone and Telegraph Company, American Steel Company and General Motors Company; in terms of public utilities, there are American Telephone and Telegraph Company and Southern Company.

For such a behemoth, many of its companies are entangled with the White family. In Charlie Munger's view, problems are necessary. But based on the information previously obtained, it seems that they plan to use the Ministry of Justice.

Well, it was a bad idea, at least in his opinion.

You don’t know anyone yet, but if you have to talk about monopoly, Morgan Stanley is the one with the longest history. If a company is not well managed and behaves like a hooligan, this is no longer third-rate. This is completely inferior, okay?

If you are not good at running the business yourself, simply leave it to someone who is capable. It’s really disgusting to feel bad about yourself and yet envy other people’s money. Monopoly or something like that, if you say Bill Gates can do it, that old boy can at best sneer at it. But you can't use this method against William White.

Obviously, William White didn't hold back when you started breaking the rules. It's funny, why do you think that guy is harmless?

Could it be said that you won’t feel pain when the sword or gun doesn’t hit you? Even if this happened around you, wouldn't you do anything about it?

Okay, now I find something is wrong. When you need to counterattack, you suddenly find that the emphasis of both sides may be different. If you forcefully measure it with a US knife, the gap is actually very limited.

Damn it, this grandma who has already lost doesn’t even recognize her. Are you kidding me? The Morgan family doesn’t have strong control over Dalmore. At the very least, you can’t do it as easily as William White.

After knowing such a result, why don't you hesitate? You are a fool, but not everyone is a fool. If nothing unexpected happens, the first people to jump out must be members of the Morgan family.

Unlike Rockefeller, Morgan Stanley was very careful in its layout after the spin-off. The Morgan family will not show up unless absolutely necessary. If they can get through this period of turmoil, they will never go out again. If their business is like this, they deserve to be the laughing stock.