Rebirth 79: I opened a bank in the United States

Chapter 200 Radical gains and losses
Sitting in the back seat of the vehicle, with his head tilted on Liklis's shoulder, Carter's image at this time was quite like a dude's second generation.And the real big boss, poor Julian, turned into a humble driver and drove the car with dignity in the front row.

If you smell the fragrance of Liklis's temples, you don't think about your sad stiff neck for the time being; if you believe in Roy enough. Even though he knows that Roy is his surname, Carter is more willing to believe that his surname is Luo!

After all, the lawyer surnamed Luo is basically not a good person. If you trust him enough and don't consider the issue of the fat boss's family for the time being, then this trip will actually be very pleasant!
Talking nonchalantly, he introduced the meaning of "doubi" to Julian, and the car soon arrived at the SEC's New York branch.
"Hey, John! Are you here again? No news yet?"

Carter, who had just got off the car, had not had time to visit the highest management institution of the US securities industry, when he saw Julian suddenly running towards a person who was carrying a briefcase and walking towards the lobby not far away.While running towards the other party, he shouted in his mouth.

"Mr. Robertson, you... are you here to get the RIA license? You should be around the clock, congratulations!"

With a forced smile, he stretched out his hand and shook hands with Julian. The man named John had a bit of bitterness on his face. Although the blessings were sincere, there was always a sense of loneliness that other people's joys and sorrows had nothing to do with me.
"Thank you for your blessing, old buddy! I also wish you success as soon as possible. I believe that your idea is fine! It's just that the old stubborn need some time to think about your innovation. Also, come to my dinner together tonight? "

Holding the other's hand, Julian reached out and patted the other's shoulder.After seeing Carter walking side by side with Licoris, he continued:
"Oh, by the way, let me introduce you. This is my partner, Mr. Carter Black. Is he young enough?"

"Indeed! Mr. Black, you seem to be in your twenties. I'm curious, how did you two hook up?! Also, John, John Bogle!"

Carter's extremely youthful appearance poked at the gate of the SEC. Not only did he look extremely incompatible with Julian, but he also didn't match the surrounding environment.
There's no one under thirty around here, okay? !

The situation was so abnormal that it was rare for this old man who seemed to be in decline to become interested. When shaking hands with Carter, it was rare to ask a question.

"I was originally a client of Mr. Robertson."

Not knowing where the other party came from, Carter explained a little reservedly.And this explanation is enough.
"Young and promising!"

With a clear expression on John's face, he praised with some emotion.His gaze flickered, as if he wanted to say something, but in the end he didn't choose to speak.

After a brief introduction to each other, the two old guys walked into the SEC side by side, chatting about attending the dinner party at night.Naturally, the two young men, Carter and Liqueris, followed closely behind.

It was not until the depths of the hall that the two people in front bid farewell.The ria license that Carter and Julian will obtain is issued by the SEC Investment Activity Management Department.On the way to the corresponding office, Julian said to Carter:
"This ria license, if you want to start an investment company or investment bank, it is a must. You can come here to apply for it in the future, and that John just now"

"He turned out to be the CEO of Wellington Corporation. His life experience is very similar to yours. After graduating from the Department of Economics at Princeton, he joined Wellington Corporation. Fourteen years ago, he presided over a major merger and acquisition. Boston local Wellington has acquired several of his investment companies, and he has become the president because of this.”

"37 years old, the president of a medium and large investment company ha ha!"

"What then?"

Sure enough, it seems that Julian's circle of friends cannot be viewed in a normal way.Carter, who was just shocked last year, is no longer amazed at the fact that a down-and-out old man is also a former financial bull.
Just walking, while asking curiously.After all, I once had such a brilliant experience, no matter how I think about it now, it won’t be too bad
After all, his vision, knowledge, contacts, experience, etc., to say that he is far away from ordinary people in Eight Streets is a very conservative and euphemistic way of saying it.Especially the place where I met him this time, the Securities and Exchange Commission.

He came here again, no, judging from what Julian said before, it shouldn't be the first time he met him here.This also shows that he has not left the industry
"Later... Just like you do gold investment, young people are always more aggressive. Then he ran into the crisis seven years ago, lost a lot of money, and was finally kicked out of Weiwei by the rest of the partners. Killington."

Julian laughed and talked about Carter very directly with John's example:
"The industries under your name are basically sole proprietorships. You don't have to worry too much about stepping into his future. But the reason is the same. Many of your current investment strategies are too radical in my opinion! Gold is Don't talk about it, the past has passed, just look at your present."

"HT company, when there was only one store, directly invested tens of millions in it, and the loan was just like opening the gate. Have you ever thought that if everything goes well, it will naturally make a lot of money? The pot is full, but if there is a problem with any link in the middle, your entire planning system will collapse! At that time, how much you invest, the loss will be huge!"

"Hey, I know, but there are some things you can't do."

Carter sighed, feeling a little complicated:
"Last year, the bank was almost forced to go bankrupt due to asset structure problems, and this year's new law brought a foreseeable wave of bank failures. With sufficient cash in hand, I can certainly not worry about not being able to pay interest. Or it collapsed because of asset issues. But”

"But for a person who has already made money, it is too difficult for you to suddenly tell him not to make money anymore! Just thinking about the money in the bank keeps decreasing, and the bad debts of loans are increasing, I feel scalp hair numb!"

"I'm doing this to find a way out! Let people have jobs and earn money, and the bad loan rate can be reduced. When the bad loan rate is low, the bank can release it. If you dare to put more money, you must You have to find a way to make it flow!"

Regarding the bank and the development of HT Company, Carter was not without worries.It's just that even if you are worried about some things, you have to do it, don't you?

In the future, we will talk about the top banks in the United States, such as Citibank, China Bank, etc., all of which are commercial banks and investment banks.Savings Bank, none of them are on the list.
why? !

Carter didn't understand it at first, but now that he is personally in the vortex of this era, Carter understands it very well.In this era of great change, if the conservative and self-styled savings banks cannot learn the radical strategies of commercial banks, no matter how large the scale and cash you have now, you will only fade away in the torrent of the times. a kill
Finally withdraw from the stage of history sadly
(End of this chapter)