Chapter 393
The Beginning Of All Sins
After Claude sent the partners away, his smile froze, turning frigid.
Tyler was speaking to Angus in the room. âI heard Yancey is restructuring?â
Angus sat across from him and said, âYes. Claude wants to expand the business.â
âVote against it during the board meeting,â Tyler casually said as he took a sip of his coffee and didnât look at Angus.
Angus didnât ask why and just said, âOkay, Mr. Tyler.â
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, âMr. Claude, donât you think Angus is overstepping?â
The secretary was referring to what happened earlier.
Claude maintained his closed eyes but smiled. âNo. Shouldnât our chairman treat Tyler nicely?â
There was a brief silence before the secretary spoke again. âYouâre too kind. If hadnât left, Yancey would be in a better position.â
you The Harris Group was holding 15% of Yanceyâs shares, and this started the year Claude left.
âMy uncle trusted Tyler too much,â Claude remarked.
The secretary said, âYes. We canât even hold onto Yancey anymore.â
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, âInvesting always comes with risk and since Yancey is making a stable profit, I donât agree to take risks.â
Claude stared at Angus. He didnât want to believe it at first, but he then smiled and said, Mr. Angus, it seems that we have a disagreement.
âIâm thinking about the future of the bank, and I think we should move toward credit instead of investment,â Angus remarked.
The other three stood up and backed him up.
Claudeâs 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.
âI He understood that Tyler wouldnât let his relationship with Olivia off so e Tylerâs way of striking back.
easily. This was Tylerâs first response was to halt any advancement for Yancey Bank. Still, Claude wasnât worried because the battle had just begun.