Chapter 393
After Claude sent the partners away, his smile froze, turning frigid.
Tyler was speaking to Angus in the room. “I heard Yancey is restructuring?”
Angus sat across from him and said, “Yes. Claude wants to expand the business.”
“Vote against it during the board meeting,” Tyler casually said as he took a sip of his coffee and didn’t look at Angus.
Angus didn’t ask why and just said, “Okay, Mr. Tyler.”
Tyler set his coffee cup down, resting his hands on his knees as he pondered.
On his way home, Claude mulled over the restructuring. With his eyes closed, he visualized the changes until his secretary interjected, “Mr. Claude, don’t you think Angus is overstepping?”
The secretary was referring to what happened earlier.
Claude maintained his closed eyes but smiled. “No. Shouldn’t our chairman treat Tyler nicely?”
There was a brief silence before the secretary spoke again. “You’re too kind. If hadn’t left, Yancey would be in a better position.”
you
The Harris Group was holding 15% of Yancey’s shares, and this started the year Claude left.
“My uncle trusted Tyler too much,” Claude remarked.
The secretary said, “Yes. We can’t even hold onto Yancey anymore.”
The
way
Claude smiled was cold.
*
The following day, Claude convened a board meeting to present the restructuring proposal
for a vote.
Out of the ten members, four opposed it, and Claude looked at them from the stage.
Angus stood up and said, “Investing always comes with risk and since Yancey is making a stable profit, I don’t agree to take risks.”
Claude stared at Angus. He didn’t want to believe it at first, but he then smiled and said, Mr. Angus, it seems that we have a disagreement.
“I’m thinking about the future of the bank, and I think we should move toward credit instead of investment,” Angus remarked.
The other three stood up and backed him up.
Claude’s smile fadeti as his restructuring proposal was rejected by four votes led by Angus
and his allies.
When Claude exited the meeting room, his eyes were cold.
“I
He understood that Tyler wouldn’t let his relationship with Olivia off so e Tyler’s way of striking back.
easily. This was
Tyler’s first response was to halt any advancement for Yancey Bank. Still, Claude wasn’t worried because the battle had just begun.
