America's Road to Wealth
Chapter 198 Making Smith Capital a Real Giant
Chapter 198 Making Smith Capital a Real Giant
The evening wind blows, and night falls on Maui, Hawaii.
The weather is clear and windy at night, which is often the most comfortable time in Hawaii.
After an afternoon of swimming on the beach and going out to sea to watch whales.
The relationship between Amanda and Abel is obviously a lot more familiar.
The two cousins also stayed in Abel's manor beach house.
In the beach house restaurant, everyone had dinner, and everyone went to wash up.
Around 07:30.
After taking a bath, Amanda Hearst took her cousin Lydia Hearst with great interest, and wanted to find Abel.
Lydia looks a bit resistant:
"Amanda, you can go on your own. I think you can take him down on your own."
"I also have such confidence." Amanda said confidently.
"But I still need you to cover me, Lydia. Obviously that guy will be more resistant to me when you are there."
"Heh~" Amanda sneered, "Sisters are indeed very attractive to men."
Lydia looked at Amanda speechlessly.
"Then do I have to sacrifice myself for your plan?" Lydia Hearst asked.
"Then I don't want to!"
"You think too much. Lydia, I just need your assist!" Amanda said:
"If you really want to grab a man from me, then I will be angry!"
"Then you still call me over?" Lydia said.
"It's not that he has the same inferiority as other men." Amanda muttered.
"Sister flower, sister flower. Lydia, just help me."
Lydia Hearst was helpless.
She really wanted to refuse, but under Amanda's stalking and dragging.
In the end, she accompanied Amanda to find Abel.
As they entered the periphery of one of the three master bedrooms, the two were stopped by bodyguards.
It has been said before.
This Hawaii beach house has a total of three super luxurious detached houses with master bedroom levels.
The three large bedrooms at the master level are all independent from the garden courtyard.
Abel's master bedroom is best located closest to the sea.
The ocean channel that can swim directly to the sea from the villa is also the closest to this bedroom.
"I'm sorry, Miss Hurst. What do you want?"
The bodyguard captain Edward asked softly.
"We want to find Abel." Amanda's attitude was quite polite.
"cough cough"
Edward coughed in a low voice, and said:
"Maybe not right now. Our BOSS is resting with Ms. Theron."
"Sleeping?" Amanda's pretty eyebrows raised, "Have you rested so early?"
Edward thought that rest was rest, and sleep was sleep.
It's just not the kind of sleep you imagined.
"Yes. Boss, he...should be inconvenient for the time being." Edward said.
Amanda wanted to say something, but Lydia Hearst pulled her away.
After leaving the range of the bodyguards.
Amanda said dissatisfiedly:
"Lydia, what are you doing? Don't you think it's strange? Abel rested so early? It's not normal! There must be something wrong."
Lydia Hearst looked at her cousin sullenly.
"Sleep at 07:30. Definitely not normal. But Amanda, are you sure it's really just 'sleep'?"
"Forehead"
Amanda understood immediately what Lydia was referring to.
"You mean to say." Amanda whispered:
"Abel was doing that sort of thing with that Charlize?"
"Otherwise?" Lydia raised her beautiful eyebrows.
After drinking and eating, I spent the afternoon with the three beauties during the day.
Abel is still so young.
It's normal to "play" with Charlize at this time, right?
"Okay." Amanda gritted her teeth, "Then let's go there later!"
Lydia really lost to her cousin.
Do not give up like this?
Obviously, they are already doing that kind of thing with other women!
after an hour.
Amanda dragged her cousin to look for it again.
On the periphery, it was still blocked by Edward.
"Didn't you just say that your boss is "sleeping"?" Amanda said dissatisfied.
When she said the word "sleep", she deliberately emphasized her tone.
As if to want the bodyguard captain Edward to understand what she was referring to.
"Uh..." Edward was stunned. He already had two children. He was almost 40 years old, and he felt a little headache when he saw the two young girls.
The bodyguard captain Edward took a few steps back and decided to let the female bodyguard captain Donnie come over.
Let Donnie deal with these two Hester family ladies.
Donnie came over.
She faced the two girls more directly than Edward.
"Miss Hurst. That's right, the boss is indeed asleep."
"But you may not be clear. When our boss sleeps, he usually sleeps for several hours."
Amanda frowned. "Ma'am. We understand what you mean by 'sleep'. But we don't understand what you mean by 'sleep for many' hours."
Donnie looked at Amanda, and she thought to herself—little girl, you don't know the horror of our boss in this regard!
"It's literally." Donnie decided to be more straightforward.
"Our boss sleeps with Miss Theron every time. Or his other female companions, for hours at a time."
"What?!" Amanda was shocked.
She still wants to speak.
Again to cousin Lydia Hestra.
"Impossible, that woman is lying!"
When no one was there, Amanda emphasized to Lydia:
"Although I haven't experienced it yet! But that kind of thing, how many hours? How is it possible!"
"I've read the physiology textbook!!"
Lydia was helpless.
She felt that even if she had seen it, she didn't need to say it so bluntly, did she?
There are also bodyguards patrolling the rock security nearby.
"Amanda, I don't want to be crazy with you anymore. Maybe Mr. Smith, in"
Speaking of this, Lydia was a little shy, but looking around, she lowered her voice.
"Maybe he is really like this in that respect? He is "busy" now, let's not go there!!"
Amanda is a little unconvinced, but the present is indeed not suitable for the past.
When it was past nine o'clock or ten o'clock, Amanda wanted to drag Lydia over without giving up.
Lydia refused to be beaten to death this time, and ran away after being dragged halfway by Amanda.
Seeing Lydia running away, Amanda was angry and decided to go find Abel by herself.
Amanda felt that Abel's bodyguard must be deceiving herself.
Amanda has read the physiology book.
How could a man take so long!
On the other hand, Lydia originally wanted to go back to her room.
She was afraid that her cousin would go back and pull herself out.
He simply decided not to go back to the room and go back later.
She planned to go to one of the several living rooms in the villa, one of which faced the sea and bloomed with spring flowers.
Stay there for a while and go back to your room later.
When she came to the living room, she was surprised to see Abel, whose upper body was naked and his hair was wet, who had obviously just taken a shower, watching TV.
"Ah, Mr. Smith?" Lydia whispered.
"It's Lydia. Good evening." She saw Abel smile to herself.
This smile made Lydia think of Mr. Smith.
Just based on her looks and figure, even if she goes to Hollywood or the modeling industry, she can have a good meal.
"Your"
Lydia wanted to say that you were still in the master bedroom, sleeping with Charlize Theron, and Amanda went looking for it.
Abel didn't know what she was going to say either.
Instead, he explained a little bit why he himself appeared here at this time.
"Something happened in Southeast Asia, which might be an opportunity for my company. This living room has the biggest TV in the entire villa. I'm here to watch the news."
Lydia also saw his hand, which was holding a remote control at this time.
In the living room, the latest 52-inch LCD TV is showing news from Southeast Asia.
"Oh, oh." Lydia responded.
She looked at Abel's naked upper body, her face was a little hot, neither advancing nor retreating.
When she was about to speak, she saw that Abel had ignored her and was focused on watching TV.
Lydia hesitated, and finally strolled in slowly.
Her curious gaze also looked at the content on the LCD TV.
She found that the above content was an international news channel of NBC TV station.
What is being broadcast above is a news event that happened during the day today in a country called the Philippines in Southeast Asia.
In the news event, the Supreme Court of the Philippines announced the deprivation of the rights of a grand commander named Estrada.
In addition, on the same day, another guy named A Luoyue in this country was sworn in as the new commander-in-chief.
Lydia knew about the existence of the Philippines, and she knew it was a relatively pro-American country.
It used to be like an American colony.
But Lydia hadn't been there, it was like Africa to her.
A European and American girl of her age.This impression is basically held for other places except Europe and North America.
That is, Lydia was slightly better educated.
At least they know the existence of the country of Philippines.
If it was an ordinary European and American girl who had never traveled to the Philippines.
It is estimated that they have never heard of this place.
Lack of common sense is a common problem of most Europeans and Americans after the downfall of Mao Xiong.
This is what Natoule education wants.
Lydia also didn't know that Abel was a Wall Street tycoon and a Hollywood tycoon.
How can you care about the news of such a remote and small country.
Is there any interest in this kind of place that he can look up to?
Lydia was curious.
She noticed that after Abel watched the news.
He picked up a cell phone that looked like a satellite phone and started talking.
She wondered if she should leave.
It doesn't seem very nice to be here by yourself while others are on the phone.
But by a strange coincidence, Lydia didn't leave.
She said to herself in this way:
[Mr. Smith knows that I am here.He didn't let me go or he walked away by himself, so that means it doesn't matter if I hear the call. 】
"David, it's me."
".6000 billion, have Lehman Brothers entered the market?"
".Well, what's your judgment?"
"...Well, it's still a correct judgment. This time, you will operate it yourself."
".This is a test...as long as the results of your test can satisfy me."
"Then after that, you will be eligible for a single transaction worth less than [-] million US dollars and a single day of less than [-] million US dollars."
"...that's all I ask. But I won't say anything more. If I say it, I might as well go back to New York and trade myself."
".That's right. You can figure it out. That's it."
"."
Abel hung up on the satellite phone.
He looked at the LCD TV, lost in thought about other international news.
He made the call just now to David Mellon on his own initiative.
What he and David Mellon were talking about was after he came to Hawaii for vacation these days.
Smith Capital initiated an international hedging investment under the operation of David Mellon and some other employees.
The investment target is the Philippine peso, and the goal is to short the Philippine peso to make a profit.
simply put.
It is to re-play the trick that Soros played against several countries in Southeast Asia.
But in scale, it's much smaller and much more restrictive.
Those small countries are not so stupid anymore after suffering losses for more than nine years.
But encounter a proper black swan event.
For example, what happened in the Philippines today.
International hot money can still be manipulated a little bit.
That is, the profit will not be particularly exaggerated, and the operation is relatively cumbersome.
But because of the relatively small scale, the operation is also very cumbersome, and the risk is controllable.
Abel let Smith Capital try it without his own intervention.
Look how much money Smith Capital can make, just on their own.
In other words, this is more than half a year since Smith Capital was established.
For the first time, Abel opened up the company's trading and investment authority to other Smith Capital traders other than himself.
Before that, the entire Smith Capital went up and down.
Only he, the boss, has trading authority.
The daily task of other analysts and traders is to collect intelligence and analyze the market.
They will be busy for a few days when Abel wants to play big.
This model is undoubtedly very deformed.
No one on Wall Street does that.
If Abel doesn't want to make Smith Capital bigger, and has always only used Smith Capital as his own tool.
That can indeed maintain this deformed pattern forever.
But now, under Abel's management.
Smith Capital + Pacific Bank of Commerce.
The combination of the two already has the prototype of a Wall Street giant.
It is still an investment bank + commercial bank model, which has advantages over several other Wall Street investment banks.
It's just that if you continue to maintain this deformed pattern.
Then it is difficult for it to grow to the same scale as other Wall Street giants.
More importantly, Abel is a little worried about his "talent", which is a deadline.
In case the time expires, I will be gone.
At that time, if Smith Capital still maintained this model.
That was the death of Smith Capital.
So Abel thought, while his "talent" was still there.
Smith Capital has also grown in size.
Time to scale up Smith Capital, time to make it a serious Wall Street powerhouse.
He thought about gradually opening up the authority step by step.
Let David Mellon and the company's traders have preliminary trading permissions.
At the same time, recruit talents widely, under their own supervision.
Within a few years, scale up Smith Capital.
Strive to make Smith Capital one of the serious Wall Street giants before 08.
It is the kind of real top Wall Street giant with more than 2 "vice presidents" like Goldman Sachs.
Let them try to short the Philippine peso this time, which is the rhythm of his training.
If all goes well, Smith Capital will continue to expand its scale and recruit talents.
Then this is the first time, the military training under the condition that he delegated power.
Under him, David Mellon, who had almost forgotten his investment skills after staying for a year, was a little unconfident.
When encountering major and minor matters, if you don’t ask Abel, the boss, you will feel a little worried and doubt yourself.
Abel was on Charlize just now, just when he output the third time.
David called.
Seeing that Charlize was almost paralyzed from exhaustion, Abel let her go.
Thinking about David Mellon's military training, he also wanted to care about the process.
Abel came here to watch the news and learn about the situation in New York.
From the current point of view, David Mellon and the others are doing fairly well.
Smith Capital is involved in this international hot money hedging investment.
The total investment is about 6000 million U.S. dollars, and the leverage is doubled to buy [-] billion Philippine pesos contract positions and short positions.
It took three days, and the floating profit was more than 100 million US dollars in the first two days.
Such a big event happened in the Philippines today, and the Philippine peso quickly went empty.
This allowed Smith Capital, which shorted the Philippine peso, to quickly reach a floating profit of more than 1000 million US dollars.
David Mellon was a little unsure.I don't know at this time, whether to continue to hold or arbitrage and leave.
Abel was on the phone just now, and let David and other traders decide for themselves.
But in fact, Abel's "talent" tells Abel.
At this time, you should leave directly.
The economy of the Philippines is like that, and the foreign exchange market is also very small.
To be able to make a profit of 2000 million US dollars is already very good.
At this time, it is best to leave the market directly, and it is safest to leave with arbitrage.
After all, it is not a super market like USD/JPY.
In the entire international foreign exchange market, the Philippines belongs to the kind with relatively small plates.
Earning a little bit is a little bit, there is no need to be nostalgic.
I just don't know what choice David Mellon and the others will make.
Abel was also curious.
If they are qualified, Abel will let them test a few more times in the future.
He will open most of the permissions to them only after they all meet Abel's requirements.
If they are not qualified, they can only let David Mellon and his group of veterans continue to be Abel's own tool man traders.
Abel then recruited investment managers who can invest from the outside.
Anyway, Abel has made up his mind to expand the scale of Smith Capital.
What he thinks is, even if he doesn't have his own talent in the future.
This company can also make money normally like a big investment bank.
To be a Wall Street giant, you have to look like a Wall Street giant!
Thinking of this, he stood up.
Turning around, she saw Lydia Hearst next to her, looking at Abel herself, she seemed to be in a daze.
Of course he knew Lydia hadn't gone.
But just like Lydia thought.
Abel felt that this was not a big secret, and it didn't matter if the girl heard it.
Looking at Lydia's silly eyes at this time, he smiled and said:
"Miss Hurst? Lydia? Lydia?"
"Huh?" Lydia woke up with a start.
Only then did she realize that she was a little dazed when she looked at Abel's handsome profile just now.
It's a bit of a faux pas.
Lydia blushed suddenly.
(End of this chapter)
The evening wind blows, and night falls on Maui, Hawaii.
The weather is clear and windy at night, which is often the most comfortable time in Hawaii.
After an afternoon of swimming on the beach and going out to sea to watch whales.
The relationship between Amanda and Abel is obviously a lot more familiar.
The two cousins also stayed in Abel's manor beach house.
In the beach house restaurant, everyone had dinner, and everyone went to wash up.
Around 07:30.
After taking a bath, Amanda Hearst took her cousin Lydia Hearst with great interest, and wanted to find Abel.
Lydia looks a bit resistant:
"Amanda, you can go on your own. I think you can take him down on your own."
"I also have such confidence." Amanda said confidently.
"But I still need you to cover me, Lydia. Obviously that guy will be more resistant to me when you are there."
"Heh~" Amanda sneered, "Sisters are indeed very attractive to men."
Lydia looked at Amanda speechlessly.
"Then do I have to sacrifice myself for your plan?" Lydia Hearst asked.
"Then I don't want to!"
"You think too much. Lydia, I just need your assist!" Amanda said:
"If you really want to grab a man from me, then I will be angry!"
"Then you still call me over?" Lydia said.
"It's not that he has the same inferiority as other men." Amanda muttered.
"Sister flower, sister flower. Lydia, just help me."
Lydia Hearst was helpless.
She really wanted to refuse, but under Amanda's stalking and dragging.
In the end, she accompanied Amanda to find Abel.
As they entered the periphery of one of the three master bedrooms, the two were stopped by bodyguards.
It has been said before.
This Hawaii beach house has a total of three super luxurious detached houses with master bedroom levels.
The three large bedrooms at the master level are all independent from the garden courtyard.
Abel's master bedroom is best located closest to the sea.
The ocean channel that can swim directly to the sea from the villa is also the closest to this bedroom.
"I'm sorry, Miss Hurst. What do you want?"
The bodyguard captain Edward asked softly.
"We want to find Abel." Amanda's attitude was quite polite.
"cough cough"
Edward coughed in a low voice, and said:
"Maybe not right now. Our BOSS is resting with Ms. Theron."
"Sleeping?" Amanda's pretty eyebrows raised, "Have you rested so early?"
Edward thought that rest was rest, and sleep was sleep.
It's just not the kind of sleep you imagined.
"Yes. Boss, he...should be inconvenient for the time being." Edward said.
Amanda wanted to say something, but Lydia Hearst pulled her away.
After leaving the range of the bodyguards.
Amanda said dissatisfiedly:
"Lydia, what are you doing? Don't you think it's strange? Abel rested so early? It's not normal! There must be something wrong."
Lydia Hearst looked at her cousin sullenly.
"Sleep at 07:30. Definitely not normal. But Amanda, are you sure it's really just 'sleep'?"
"Forehead"
Amanda understood immediately what Lydia was referring to.
"You mean to say." Amanda whispered:
"Abel was doing that sort of thing with that Charlize?"
"Otherwise?" Lydia raised her beautiful eyebrows.
After drinking and eating, I spent the afternoon with the three beauties during the day.
Abel is still so young.
It's normal to "play" with Charlize at this time, right?
"Okay." Amanda gritted her teeth, "Then let's go there later!"
Lydia really lost to her cousin.
Do not give up like this?
Obviously, they are already doing that kind of thing with other women!
after an hour.
Amanda dragged her cousin to look for it again.
On the periphery, it was still blocked by Edward.
"Didn't you just say that your boss is "sleeping"?" Amanda said dissatisfied.
When she said the word "sleep", she deliberately emphasized her tone.
As if to want the bodyguard captain Edward to understand what she was referring to.
"Uh..." Edward was stunned. He already had two children. He was almost 40 years old, and he felt a little headache when he saw the two young girls.
The bodyguard captain Edward took a few steps back and decided to let the female bodyguard captain Donnie come over.
Let Donnie deal with these two Hester family ladies.
Donnie came over.
She faced the two girls more directly than Edward.
"Miss Hurst. That's right, the boss is indeed asleep."
"But you may not be clear. When our boss sleeps, he usually sleeps for several hours."
Amanda frowned. "Ma'am. We understand what you mean by 'sleep'. But we don't understand what you mean by 'sleep for many' hours."
Donnie looked at Amanda, and she thought to herself—little girl, you don't know the horror of our boss in this regard!
"It's literally." Donnie decided to be more straightforward.
"Our boss sleeps with Miss Theron every time. Or his other female companions, for hours at a time."
"What?!" Amanda was shocked.
She still wants to speak.
Again to cousin Lydia Hestra.
"Impossible, that woman is lying!"
When no one was there, Amanda emphasized to Lydia:
"Although I haven't experienced it yet! But that kind of thing, how many hours? How is it possible!"
"I've read the physiology textbook!!"
Lydia was helpless.
She felt that even if she had seen it, she didn't need to say it so bluntly, did she?
There are also bodyguards patrolling the rock security nearby.
"Amanda, I don't want to be crazy with you anymore. Maybe Mr. Smith, in"
Speaking of this, Lydia was a little shy, but looking around, she lowered her voice.
"Maybe he is really like this in that respect? He is "busy" now, let's not go there!!"
Amanda is a little unconvinced, but the present is indeed not suitable for the past.
When it was past nine o'clock or ten o'clock, Amanda wanted to drag Lydia over without giving up.
Lydia refused to be beaten to death this time, and ran away after being dragged halfway by Amanda.
Seeing Lydia running away, Amanda was angry and decided to go find Abel by herself.
Amanda felt that Abel's bodyguard must be deceiving herself.
Amanda has read the physiology book.
How could a man take so long!
On the other hand, Lydia originally wanted to go back to her room.
She was afraid that her cousin would go back and pull herself out.
He simply decided not to go back to the room and go back later.
She planned to go to one of the several living rooms in the villa, one of which faced the sea and bloomed with spring flowers.
Stay there for a while and go back to your room later.
When she came to the living room, she was surprised to see Abel, whose upper body was naked and his hair was wet, who had obviously just taken a shower, watching TV.
"Ah, Mr. Smith?" Lydia whispered.
"It's Lydia. Good evening." She saw Abel smile to herself.
This smile made Lydia think of Mr. Smith.
Just based on her looks and figure, even if she goes to Hollywood or the modeling industry, she can have a good meal.
"Your"
Lydia wanted to say that you were still in the master bedroom, sleeping with Charlize Theron, and Amanda went looking for it.
Abel didn't know what she was going to say either.
Instead, he explained a little bit why he himself appeared here at this time.
"Something happened in Southeast Asia, which might be an opportunity for my company. This living room has the biggest TV in the entire villa. I'm here to watch the news."
Lydia also saw his hand, which was holding a remote control at this time.
In the living room, the latest 52-inch LCD TV is showing news from Southeast Asia.
"Oh, oh." Lydia responded.
She looked at Abel's naked upper body, her face was a little hot, neither advancing nor retreating.
When she was about to speak, she saw that Abel had ignored her and was focused on watching TV.
Lydia hesitated, and finally strolled in slowly.
Her curious gaze also looked at the content on the LCD TV.
She found that the above content was an international news channel of NBC TV station.
What is being broadcast above is a news event that happened during the day today in a country called the Philippines in Southeast Asia.
In the news event, the Supreme Court of the Philippines announced the deprivation of the rights of a grand commander named Estrada.
In addition, on the same day, another guy named A Luoyue in this country was sworn in as the new commander-in-chief.
Lydia knew about the existence of the Philippines, and she knew it was a relatively pro-American country.
It used to be like an American colony.
But Lydia hadn't been there, it was like Africa to her.
A European and American girl of her age.This impression is basically held for other places except Europe and North America.
That is, Lydia was slightly better educated.
At least they know the existence of the country of Philippines.
If it was an ordinary European and American girl who had never traveled to the Philippines.
It is estimated that they have never heard of this place.
Lack of common sense is a common problem of most Europeans and Americans after the downfall of Mao Xiong.
This is what Natoule education wants.
Lydia also didn't know that Abel was a Wall Street tycoon and a Hollywood tycoon.
How can you care about the news of such a remote and small country.
Is there any interest in this kind of place that he can look up to?
Lydia was curious.
She noticed that after Abel watched the news.
He picked up a cell phone that looked like a satellite phone and started talking.
She wondered if she should leave.
It doesn't seem very nice to be here by yourself while others are on the phone.
But by a strange coincidence, Lydia didn't leave.
She said to herself in this way:
[Mr. Smith knows that I am here.He didn't let me go or he walked away by himself, so that means it doesn't matter if I hear the call. 】
"David, it's me."
".6000 billion, have Lehman Brothers entered the market?"
".Well, what's your judgment?"
"...Well, it's still a correct judgment. This time, you will operate it yourself."
".This is a test...as long as the results of your test can satisfy me."
"Then after that, you will be eligible for a single transaction worth less than [-] million US dollars and a single day of less than [-] million US dollars."
"...that's all I ask. But I won't say anything more. If I say it, I might as well go back to New York and trade myself."
".That's right. You can figure it out. That's it."
"."
Abel hung up on the satellite phone.
He looked at the LCD TV, lost in thought about other international news.
He made the call just now to David Mellon on his own initiative.
What he and David Mellon were talking about was after he came to Hawaii for vacation these days.
Smith Capital initiated an international hedging investment under the operation of David Mellon and some other employees.
The investment target is the Philippine peso, and the goal is to short the Philippine peso to make a profit.
simply put.
It is to re-play the trick that Soros played against several countries in Southeast Asia.
But in scale, it's much smaller and much more restrictive.
Those small countries are not so stupid anymore after suffering losses for more than nine years.
But encounter a proper black swan event.
For example, what happened in the Philippines today.
International hot money can still be manipulated a little bit.
That is, the profit will not be particularly exaggerated, and the operation is relatively cumbersome.
But because of the relatively small scale, the operation is also very cumbersome, and the risk is controllable.
Abel let Smith Capital try it without his own intervention.
Look how much money Smith Capital can make, just on their own.
In other words, this is more than half a year since Smith Capital was established.
For the first time, Abel opened up the company's trading and investment authority to other Smith Capital traders other than himself.
Before that, the entire Smith Capital went up and down.
Only he, the boss, has trading authority.
The daily task of other analysts and traders is to collect intelligence and analyze the market.
They will be busy for a few days when Abel wants to play big.
This model is undoubtedly very deformed.
No one on Wall Street does that.
If Abel doesn't want to make Smith Capital bigger, and has always only used Smith Capital as his own tool.
That can indeed maintain this deformed pattern forever.
But now, under Abel's management.
Smith Capital + Pacific Bank of Commerce.
The combination of the two already has the prototype of a Wall Street giant.
It is still an investment bank + commercial bank model, which has advantages over several other Wall Street investment banks.
It's just that if you continue to maintain this deformed pattern.
Then it is difficult for it to grow to the same scale as other Wall Street giants.
More importantly, Abel is a little worried about his "talent", which is a deadline.
In case the time expires, I will be gone.
At that time, if Smith Capital still maintained this model.
That was the death of Smith Capital.
So Abel thought, while his "talent" was still there.
Smith Capital has also grown in size.
Time to scale up Smith Capital, time to make it a serious Wall Street powerhouse.
He thought about gradually opening up the authority step by step.
Let David Mellon and the company's traders have preliminary trading permissions.
At the same time, recruit talents widely, under their own supervision.
Within a few years, scale up Smith Capital.
Strive to make Smith Capital one of the serious Wall Street giants before 08.
It is the kind of real top Wall Street giant with more than 2 "vice presidents" like Goldman Sachs.
Let them try to short the Philippine peso this time, which is the rhythm of his training.
If all goes well, Smith Capital will continue to expand its scale and recruit talents.
Then this is the first time, the military training under the condition that he delegated power.
Under him, David Mellon, who had almost forgotten his investment skills after staying for a year, was a little unconfident.
When encountering major and minor matters, if you don’t ask Abel, the boss, you will feel a little worried and doubt yourself.
Abel was on Charlize just now, just when he output the third time.
David called.
Seeing that Charlize was almost paralyzed from exhaustion, Abel let her go.
Thinking about David Mellon's military training, he also wanted to care about the process.
Abel came here to watch the news and learn about the situation in New York.
From the current point of view, David Mellon and the others are doing fairly well.
Smith Capital is involved in this international hot money hedging investment.
The total investment is about 6000 million U.S. dollars, and the leverage is doubled to buy [-] billion Philippine pesos contract positions and short positions.
It took three days, and the floating profit was more than 100 million US dollars in the first two days.
Such a big event happened in the Philippines today, and the Philippine peso quickly went empty.
This allowed Smith Capital, which shorted the Philippine peso, to quickly reach a floating profit of more than 1000 million US dollars.
David Mellon was a little unsure.I don't know at this time, whether to continue to hold or arbitrage and leave.
Abel was on the phone just now, and let David and other traders decide for themselves.
But in fact, Abel's "talent" tells Abel.
At this time, you should leave directly.
The economy of the Philippines is like that, and the foreign exchange market is also very small.
To be able to make a profit of 2000 million US dollars is already very good.
At this time, it is best to leave the market directly, and it is safest to leave with arbitrage.
After all, it is not a super market like USD/JPY.
In the entire international foreign exchange market, the Philippines belongs to the kind with relatively small plates.
Earning a little bit is a little bit, there is no need to be nostalgic.
I just don't know what choice David Mellon and the others will make.
Abel was also curious.
If they are qualified, Abel will let them test a few more times in the future.
He will open most of the permissions to them only after they all meet Abel's requirements.
If they are not qualified, they can only let David Mellon and his group of veterans continue to be Abel's own tool man traders.
Abel then recruited investment managers who can invest from the outside.
Anyway, Abel has made up his mind to expand the scale of Smith Capital.
What he thinks is, even if he doesn't have his own talent in the future.
This company can also make money normally like a big investment bank.
To be a Wall Street giant, you have to look like a Wall Street giant!
Thinking of this, he stood up.
Turning around, she saw Lydia Hearst next to her, looking at Abel herself, she seemed to be in a daze.
Of course he knew Lydia hadn't gone.
But just like Lydia thought.
Abel felt that this was not a big secret, and it didn't matter if the girl heard it.
Looking at Lydia's silly eyes at this time, he smiled and said:
"Miss Hurst? Lydia? Lydia?"
"Huh?" Lydia woke up with a start.
Only then did she realize that she was a little dazed when she looked at Abel's handsome profile just now.
It's a bit of a faux pas.
Lydia blushed suddenly.
(End of this chapter)
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