After Reborn, I Become a Billionaire novel Chapter 658

Chapter 658 Manuel Delivers a Big Blow to His Opponents

Manuel nodded slightly. That he didn't make any response didn't mean he was terrified of them, but he needed time to handle the affairs at hand. He stood up and walked towards the boardroom. Other executives trickled in.

Manuel got all eyes on him, including Susan's while stepping into the room. Susan wondered why Manuel's being chief executive faced so much objection. It was weird that Susan told Henry to withdraw the newsflash yesterday while the news became even hotter today. She asked Henry early this morning, who denied the matter had anything to do with him. Of course, she trusted Henry; she just wanted to confirm it. Not being Henry, it must be another one who resented Manuel. Susan thought all executives should have welcomed Manuel's coming, except her father, who might be mindful and frightened by Manuel's marked ability. However, her father stood by his side, so what was wrong with the others? Susan was slightly annoyed but had to hold back on this occasion.

The meeting began after everyone arrived. Edward said thoughtfully, "Today, I call for this top emergency meeting to clarify Manuel's incumbency. First, he deserved the position of the chief executive of Phillips Bank, and no one should have any dissent. Don't let me repeat it a third time."

He took a firm position at once, which made Henry's countenance dreadful. He had imagined that Edward would stand behind Manuel, But he felt terrible when he heard Edward's words.

"Second, that Manuel's appointment became a media frenzy was undoubtedly the trick of someone inside the bank, who must get an important post. I understand your unprejudiced heart and will cut you some slack as long as you manage to solve the matter. Or I will show you no mercy!"

The atmosphere was depressing. The executives didn't expect Edward should back Manuel up so much. It was silent inside the meeting room, and everyone was scared nearly out of breath-the chairman's fury was the most significant matter for the company, and who dared to upset him? Looking at each other, several executives were a bit anxious. They meant to force Manuel to resign and also put some pressure on Edward. But Edward's firm and unwavering support to Manuel was unexpected. They were astonished that Edward preferred to face public opinion rather than abandon Manuel. In the suffocating room, Edward said coldly, "Behave yourselves and never again!" He stood up and turned around, intending to leave.

"Mr Phillips," Manuel called him. Edward paused.

"Since these days there is so much dissent to me on the board, I should give all the executives an answer." Manuel stood up.

Edward was a bit nervous as he knew Manuel, who would likely do something drastic in this situation. So did Susan. She was worried that Manuel might fall into their trap.

"You don't have to." Said Edward firmly, "Remember what I told you." The implication was to remind him of not being threatened by them.

Manuel nodded, "I do remember it. But it would be hard for me to work if I, an executive, couldn't be supported by the people."

"Manuel," Edward wanted to stop him, while Manuel had a hunch about what he would say.

"If someone would like to have a ten-year time deposit of 10 billion at the basic interest rate in Phillips Bank, will it increase the net income by over 40 percent?" He enunciated each word slowly.

"Where did you negotiate such a big deal?" The executive didn't believe it, "Ten-year time deposit of 10 billion at basic interest rate!"

No company could come up with the money throughout Northfield. Even though some plutocrats could pool this sum, it was impossible for a ten-year time deposit. Was he clear about what he was talking about? The fund flow was of vital importance for the wealthy. It was insane to deposit a huge sum for ten years to help the bank make profits.

"Here is the contract." Stopping beating about the bush, Manuel took out the contract and put it in front of all executives. Incredulous, taking the contract, they gathered together and read it. They were shocked when they saw the name signed on party A, depositor: Manuel Johnson.

Manuel himself had 10 billion in cash? How did he manage to get such a huge sum of money? Wasn't he an illegitimate son no older than 23 years old? Where did the money come from? The boardroom was in shock.