New York,

Manhattan.

Soros Fund Management Company Headquarters.

A well-known financial gangster, but he is a kind-looking guy who looks like the white-haired grandpa on the street.

In the office, Soros was frowning. He was reading newspaper reports one after another with deep and gloomy eyes.

"Dong dong——"

Soros looked up and saw Tims pushing in the door. He couldn't help but frown and asked, "Is there any latest news?"

"Well, just now, Express Company officially publicly sent a letter to all shareholders, believing that Express shareholders should reject Abel Smith's acquisition, calling Abel Smith a disruptor of the normal order of American finance, and calling on investors and stockholders

They resisted him and spoke very violently."

Tims said, handed a document in his hand to Soros, and then sat on the chair opposite him, his eyes full of schadenfreude and pride.

The general manager of Soros Fund Management Company feels that Kenneth Chenault and the board of directors of American Express are being forced into panic.

He actually called Abel a disruptor of the normal financial order in the United States.

Didn't you see that a while ago, the owner of the White House openly declared on TV that Abel Smith was the mainstay of American finance?

Even if you haven’t seen the White House, you might say, is Abel Smith the savior of this stock market crash?

Kenneth did this because he planned to never compromise!

Timms knew who gave Kenneth the courage.

Because it was Timms who was in contact with Kenneth these days.

It was George Soros who stepped forward, and other Wall Street institutions hiding behind the scenes, who gave the desperate Kenneth Chenault and other American Express executives the last, seemingly good, escape route.

It's a pity that Kenneth Chenault didn't know, and maybe there was nothing he could do if he knew.

That's the last resort, and it really just looks good.

Soros took the document and browsed it quickly.

In this open letter to all shareholders, the Board of Directors of American Express criticized Abel Smith's acquisitions, saying that the acquisitions contained serious malicious intent.

The letter also stated that Abe Smith's statement of "immediate cash payments to shareholders" is "completely unrealistic."

Abel Smith lacked the necessary comprehensive management experience at a large bank.

In the letter, American Express also refuted American Pacific Bank's operations.

It is claimed that this commercial bank owned by Abel Smith has an extremely opaque business operation model.

It is claimed that the Office of the Comptroller of the Currency, FDIC, the Federal Reserve and other relevant banks and financial industry regulatory authorities should enter as soon as possible to investigate the US Pacific Commercial Bank.

American Express concluded: "We believe that supporting Abel Smith's hostile takeover is meaningless to American Express shareholders. Moreover, if the transaction is not approved, American Express may face the risk of inestimable loss of value."

.”

Compared with the previous statement, there is also a gesture of goodwill towards Soros.

With this open letter to shareholders, it can be said that the American Express board of directors, headed by Kenneth Chenault, completely broke with Abel.

"Idiot, a stupid approach. But it is also a helpless and last resort."

After reading the letter, Soros, who looked a little indifferent, made a comment and put the document in his hand aside.

The old guy took off his glasses and gently pinched the bridge of his nose.

"They have no choice. If they don't want to be fired by Abel Smith, they can only show their loyalty to us."

Tims heard Soros' conclusion and put in a good word for Kenneth.

Soros glanced sharply at Tims, knowing that this close confidant of his should have had some communication with Kenneth.

The other party may even have promised Timms some benefit.

But Soros doesn't care. He is confident that he can control Tims and the company.

Giving Timms a little freedom and a little benefit can give the other party more subjective initiative.

"What's the reaction from Abel Smith?" Soros asked softly.

Timms shook his head, "There hasn't been much reaction so far. They have not raised the tender offer price again."

"This guy!"

George Soros said unhappily: "He doesn't look like a young man at all! So many newspapers are talking about him, and he can't bear it?"

In the past few days, after Soros entered the market.

There is a large amount of financial media that has changed the direction of the trend.

They exaggerated the American Express incident into a financial war between Soros and Abel.

The prize is American Express. Whoever can get control of American Express will be the winner.

Who is the real uncrowned king of finance in the United States.

These media almost described American Express as the most important company on Wall Street.

It seems that only if Abel really wins American Express, will he be able to keep pace with Buffett, Soros and other big guys.

This change of trend in the financial media is obviously the work of Soros Fund Management Company.

Those Wall Street institutions that have joined must also contribute a lot.

They just wanted to provoke Abel so that Abel would definitely win the American Express Company.

A very simple method is to make Abel, who looks young and must be very energetic, arouse his competitive spirit and stimulate Abel.

After a few days, Soros was a little disappointed.

The reason is because on Abel's side, except for the occasional casual scolding from the New York Observer.

In other respects, Abel was basically silent, almost as tolerable as Buffett.

Fortunately, from beginning to end, Soros never thought that it would be so easy to fool Abel.

The old guy thought for a while and asked Tims: "I remember this guy's company's annual meeting this year, it's the day after tomorrow, right?"

"Yes." Timms said: "Last year it was November 15th, and this year Smith Capital's year-end reception will also be November 15th."

"Then he should come back from Los Angeles." Soros showed a confident smile: "We will go find him then and meet this guy for a while!"

"Forehead"

Tims looked a little embarrassed. Looking at his confident boss, he couldn't help but whisper:

"Well, BOSS, I want to tell you one thing. That is that David Mellon did not send us an invitation letter."

"What did you say?" Soros was stunned. The old guy frowned and said, "I remember didn't you send it to us last year?"

Last year, Smith Capital did send an invitation letter to Soros for its first year-end investment reception.

But at that time, Abel's fame was far from what it is now.

At that time, Soros was in Asia again, busy operating the Tokyo stock market.

So I didn’t rush back to participate.

It was the investment reception that Tims went to. But there were too many people there, including a large number of Wall Street giants.

Soros Fund Management Company is basically Soros's boss. Soros's position in the company is similar to Abel's position in Smith Capital.

Tims, the general manager, had as little presence as David Mellon at Smith Capital, and Abel didn't notice him at all at the time.

Invitations were sent out last year, and Soros thinks they should be sent out this year as well.

After all, his position is here.

As a result, Tims now told him that Smith Capital did not send an invitation letter to this company this year.

Timms answered the boss's question honestly: "Well, there really isn't any. Unless they deliver it today or tomorrow."

Since the reception starts the day after tomorrow, there is no reason to send invitations until the day of the reception.

"Fake!"

Soros couldn't help but cursed. He guessed that Abel must have done it on purpose.

"Go and get an invitation. If he doesn't invite us, we'll go there by ourselves!" Soros was angry. He thought it was a good idea to get to know each other.

Even if you are an opponent, it shouldn't be like this.

He wanted to go to Abel to question him!

"Okay." Timms agreed directly. The general manager of Soros Fund Management Company saw that his boss was a little angry.

It's not difficult anyway, given Soros Fund Management's status on Wall Street.

With Soros's position in the Oilers, it can be said that it is very easy for others to send out one or two invitations.

The next day is November 14th.

In one day, Smith Capital’s year-end investment reception will be held.
To be continued...