America 1919

Chapter 799: 274, Breton Bank’s stocks are selling like crazy.

“When a person is continuously successful, it’s inevitable that they will come to only trust themselves. They don’t trust others, the market, or the future; they only trust in themselves.”

“Because all of this is brought about by the experience of past successes, he believes in his own successful experience, which leads him to neglect everything else.”

“In such a situation, it’s unavoidable that the person will enter into the ranks of the arrogant. Once arrogance becomes a part of his character, his failure will naturally present itself before everyone…”

In the seaside mansion in Atlantic City, Helen, with a slightly bulging belly, sat beside Donnie, recounting a description of Donnie she had read in the “Wall Street Journal.”

“It seems that these people aren’t in favor of your decision!”

Alice, sitting on the other side, was enjoying some Italian pasta with a somewhat schadenfreude attitude.

Donnie looked at Alice helplessly and said, “We just had lunch not too long ago, and you’re hungry again?”

Alice snorted pridefully and said, “It’s not me who’s hungry; it’s your child in my stomach who’s hungry!”

Donnie: “…”

Helen asked Donnie, “This time you’ve outmaneuvered Archie Roosevelt and Laze Madison. Aren’t you worried about the situation with the Roosevelt family?”

“Don’t worry!” Before Donnie could answer, Alice had already responded for him: “They are certainly uncomfortable in their hearts, but under such circumstances, they won’t fall out with Donnie. On this point, I understand them better than you do!”

Helen thought for a moment, nodded, and then continued to ask Donnie, “Does that mean Theodore has no chance of successfully running for Governor of New York State this time?”

Donnie considered for a moment and said, “I don’t know. Our influence isn’t that great in New York State, but we still need to help as much as we can. As for success, that still depends on his own abilities!”

Helen nodded, no longer harboring any other thoughts about the matter.

Instead, Alice asked Donnie, “How are things going in the United Kingdom?”

Donnie said, “We should hear news in the next few days!”

“So, are you coming back these days?” Alice asked.

As soon as things started moving in the United Kingdom, Donnie would officially enter the action of acquiring Breton Bank and Sinclair Oil Corporation. Both Alice and Helen knew that these two matters were the most important for Donnie this year, and that they were vital to succeed!

Donnie thought for a while and said, “I can’t be certain, but you two don’t have to wait for me deliberately. When I come back, I wouldn’t necessarily know what time it will be!”

Alice and Helen both nodded.

The matter of Donnie selling Sinclair Oil shares was being hotly debated on Wall Street in New York. Everyone had basically reached a consensus that this business move by Donnie was surely a mistake in his career.

But after confirming this, they couldn’t help but consider another important question, which was why Donnie would sell shares of Sinclair Oil!

After all, everyone knew that Donnie held a huge amount of cash, so what could possibly make him want to sell shares of Sinclair Oil despite having a large cash reserve?

This could mean only one thing: Donnie must have an even bigger plan in the works!

And for this plan, Donnie needed to use a tremendous amount of cash, so much so that he had to offload Sinclair Oil shares!

There are no completely tight-lipped walls in this world, and soon the media had dug up Donnie’s actions.

Donnie was going to acquire Breton Bank!

Once this news broke out, it exploded across Wall Street all over again.

When everyone learned of this news, their certainty began to waver, and now they were somewhat unsure if Donnie’s sale of Sinclair Oil stock and the acquisition of Breton Bank was a good or bad decision!

Wall Street was very clear on its investigation of Donnie; they knew the chain of industries he held.

Previously, Wall Street had even released a report saying that if Donnie wanted to integrate his industries under his name, then he would need a company with overarching planning capacity.

Upon analysis, everyone agreed that the most suitable entity for this was a bank!

Moreover, everyone also understood that if Donnie could own a bank in the upcoming time, then the New Jersey Consortium, which had been long rumored but had never truly emerged, would finally take shape under Donnie’s initiative!

Thinking this far, Wall Street began to feel the tremors.

“When did Donnie start expanding?”

“It must have been when he was discharged from the military in 1919. I remember reading a newspaper article about it. After Donnie left the service, he went back to Atlantic City to start his own business, beginning from a tavern!”

“From 1919 to 1923, in less than four years, Donnie went from a tavern to the New Jersey Consortium. What kind of speed is that?”

“It’s not certain yet, as things haven’t been smooth. Donnie’s business has deep cooperation with Mellon Bank and Morgan Bank. If Donnie acquires Breton Bank, he will surely move more of his business there, and Mellon and Morgan will naturally suffer losses. I believe these two banks are definitely not going to let Donnie accomplish this so easily!”

“You have a point, with obstacles from the Mellon and Morgan consortiums, it certainly won’t be easy for Donnie to accomplish this!”