I heard John has already started working with Breton Bank, which is indeed a very enviable thing."
Before, Donnie used to use his own money to finance John's cash business, but with the entry of Breton Bank, John and Dick jointly developed a cooperative loan service.
To put it simply, it's basically using the bank's money to lend to gamblers who need to borrow.
While this meant that John had to share some of the profits with Breton Bank, it also reduced the financial risk for John's capital.
Even with John's capabilities, there are still inevitably some bad debts and uncollectable accounts, which is unavoidable.
But with the funds from Breton Bank, even if these situations occurred, the risk would fall on Breton Bank, not affecting John substantially.
Moreover, with Breton Bank, more funds could be raised. Now, the popularity of Atlantic City is rising, and an increasing number of wealthy gamblers are coming.
When the rich borrow money, they don't do it like blue-collar workers, in tens of US dollars. They borrow hundreds, thousands, or even tens of thousands of US dollars at a time.
As for Breton Bank's partnership with John, does it violate United States banking laws?
It most definitely does, but that's alright. This is Atlantic City, where John and Breton Bank can easily come up with a set of procedures that complies with the laws on paper. ᴛʜɪs ᴄʜᴀᴘᴛᴇʀ ɪs ᴜᴘᴅᴀᴛᴇ ʙʏ ɴovᴇl(F)ɪre.ɴet
Donnie smiled and said, "If you want, I can introduce you to Mr. Dick from Breton Bank, or even Lanny Cunningham from Mellon!"
"My business is just a small venture, it's not worth bothering them over!" Nevin Byrd politely declined Donnie's offer.
He knew that if he accepted Donnie's kindness, then he would have to give up his benefits at the Surf Hotel!
That deal was not worth it!
Donnie said, "I've heard that Nicky Limo is almost unable to withstand Nucky's pressure, and if even Nicky Limo gives up, then you won't have any aces in hand by that time!"
Nevin Byrd replied with a relaxed smile, "But Mori hasn't agreed to Mr. Nucky's demands yet, has he? I think we might as well wait!"
Donnie nodded and said, "Are you thinking that maybe after a while, Layton and his pals will lose even more money here, and then you might be able to use that to negotiate with me?"
Nevin Byrd's complexion changed instantly.
Actually, when Magichi informed him that Donnie wanted to see him, Nevin Byrd was wondering why Donnie wanted to see him.
At that moment, he had also thought about that issue, but after a moment's consideration, he shrugged off the thought; after all, he had been very kind to those three people recently, giving them money when they were short and arranging women when they wanted.
The relationship didn't at all resemble that of creditors and debtors.
Moreover, those few people were now nearly calling him "Big Brother," and they would probably not tell Donnie about his activities in Atlantic City.
But he hadn't anticipated that even if those three wouldn't talk, the people from Elwood Village might tell Donnie.
"Donnie, I don't know what you're talking about!"
Donnie waved his hand and said, "If that's your attitude, then you are underestimating me, and it would make me feel like my recent patience with you is an insult to my own intelligence!"
Nevin Byrd's cold sweat started to drip, although Donnie currently didn't show any signs of anger, Nevin could feel Donnie's dissatisfaction.
"Layton and the others are gamblers, and I'm a casino owner. Donnie, you can't expect me to drive my customers away, can you?"
Donnie laughed and said, "Not only did you not drive them away, you also lent them a large sum of money. I reckon that if nothing unexpected happens, tonight, you're going to lend them another sum."
After all, the money they previously got from you is almost gone!"
"Could it be that someone has gone to borrow money from John..."
Nevin Byrd hadn't finished speaking when Donnie fiercely slapped him across the face, the crisp sound of the slap immediately drawing the attention of the entire pub.
Nevin Byrd's men drew their guns without hesitation!
The doors of the German pub were kicked open, and Robert charged in with six people, each holding a semi-automatic rifle.
Seeing such a scene, all the patrons of the pub were terrified, everyone squatted there and didn't dare to move. Nevin Byrd covered his cheek and coldly asked Donnie,
"Donnie, did you do this on purpose to hit me over this matter?"
Donnie slapped Nevin Byrd again and said, "Do I need to intentionally use this matter to hit you? Discover stories at empire
It's only human to want more control over Golden Hall, and I can understand your greed, so I was willing to properly negotiate this matter with you, even letting you have some benefits that shouldn't have been yours.
But now you're trying to use the people from Elwood Village to blackmail me; our problem is no longer just a matter of business, nor is it about Atlantic City anymore, but you are deliberately setting me up."
"Do you think I would tolerate this kind of thing from you?"
"You are stronger than me, and naturally, it's up to you to say what you will!" Nevin Byrd stood up straight, looking seriously at Donnie and said, "But I'm not easy to bully, and what you're doing now, aren't you afraid it will antagonize the whole East District?"