The California syndicate had not truly grown yet at this time.
The real opportunity for their growth came when Morgan set his sights on the Italian Bank. Next, Morgan would use his influence in the Federal Reserve to accuse the Italian Bank of monopoly under the name of the New York Federal Reserve Bank and force Amadei Gianini to sell 51% of the company's shares.
Of course, privately, Morgan would acquire shares of the Italian Bank to achieve control over it.
Amadei Gianini, who was enjoying retirement in Italy, was forced to return to the United States to negotiate with Morgan...
This event would occur this year.
But that was also a matter for the future.
Today, Cameron Block, one of the most famous men in Los Angeles, held a luxurious yet understated party. The extravagance referred to the scale of the party, while the understatement stemmed from the few invitations focused mainly on the presidents of various major Hollywood studios.
