America's Road to Wealth

Chapter 51

"Ok."

Looking at David Mellon, Abel said, "Now that we know.

What should I do next?Presumably you should have experience, right? "

Almost every one of these Wall Street companies has existed for a little longer.

They've all been investigated by the FBI or whatever.

Seriously, on Wall Street, you want to keep making money and not losing money.

There are almost none who do not play insider trading or operate the market.

The difference is only those small and medium-sized companies, and it is easy to kill them doing these things.

Giants such as Goldman Sachs and Merrill Lynch played this way, and they were fined if they survived.

Wall Street is experienced in dealing with these investigations.

"I'm not good at this." David said, "Fortunately, we have a master who is very good at it."

Abel raised his eyebrows, thought for a while, and said, "Our legal director?"

"That's right." David Mellon raised the "New York Post" in his hand and said with a smile:
"Ms. Caroline, there must be a solution. And Murdoch, I can let her handle it."

Looking at the New York Post again, Abel said, "I'm still looking for Express.

Although I didn't ask them to keep it secret.

But it was reported so quickly that they were also responsible. "

"It's all right." David Mellon put down the newspaper, "I will also check to see who is checking us."

Abel nodded, knowing that this was the only way to go.

He himself was actually not too nervous.

One is because, since entering Wall Street, I know the inside story here.

He knew that sooner or later such a day would come.

Secondly, he is really very aboveboard, the kind who is not afraid of being checked.

And anyway, he is now a rich man, a billionaire.

Cash flow is as high as more than 20 billion US dollars.

The top [-] people on the world's richest list don't have as much liquid capital as he can use at any time.

And then again, in case the problem is really found out.

In other words, it was very dark, and everyone united to pit him.

Then he also has the option of being a dog for the time being.

Those guys, after finding out that he made so much money with his skills.

It is impossible to really kill him, the most is to turn him into a money-making machine.

In other words, in any case, there is a high probability that there is no danger to life.

No matter how bad it is, it's just that you can't be a domineering master, but it's really not a big problem for the rich, rich, beautiful, fragrant cars and mansions.

If so, he also admitted.

At that time, I can only hope that my father will give me strength.

The latter is the worst possible possibility.

The biggest possibility is that the problem can't be found out and let it go.

If it is close, there will be a fine at the top.

It is true that he is worried.

Since he took this path, he was already mentally prepared.

It will take another month to renovate and adjust the office in Queens.

At present, it can only work in the Woolworth Building.

Someone was investigating him, but Abel didn't intend to stop making money.

The cute green papers that exude the smell of ink are his greatest confidence.

Coming out of the office with David, the two walked to the trading floor.

The trading floor of Smith Capital is similar to the one in the "Wolf of Wall Street" movie.

The layout of most American financial companies is also like this.

Seeing the boss and the general manager walk out, the lively hall suddenly became quiet.

David Mellon is okay, he is here every day.

But the boss is not very often in the company.

Once the boss appears in the company, it often means that they have a new job.

These elite traders and analysts all stopped their work.

All of them concentrated their attention and looked at the general manager and chairman.

The deputy general manager, Melio, also walked to the two of them at this time.

Melio Jones, another Jones, 51 years old, former deputy director of the back office of Lehman Bank.

He almost joined Smith Capital with David Mellon.

Compared to David Mellon, Merriot is best at doing logistical work, which he used to do at Lehman.

After coming here, his main job is to assist David and at the same time meet the requirements of the boss.

For example, the renovation of the new office building in Queens, as well as the company's subsequent relocation work, are all under the responsibility of Merio.

Barely speaking, he can be regarded as one of Abel's right-hand men in Smith Capital.

David is the powerful right arm, he is the auxiliary left arm.

"Stop what you're doing."

Go up to a place similar to a podium, with a blackboard behind it.

David Mellon picked up the microphone and yelled loudly: "Wolf cubs, your chief wolf is about to start a new hunt!"

As soon as the words fell, the audience suddenly cheered.

Analysts and traders, rejoice.

Smith Capital, unlike other financial firms.

Most financial companies, excluding management, have more than a dozen internal positions.

For example, Goldman Sachs,

For an analyst position, there are various clearly defined positions such as operation analyst, business analyst, financial analyst, technical analyst, investment bank analyst, etc.

In it, there will be intermediate and advanced levels.

This is just an example.

Among the 3.2 employees of Goldman Sachs, the largest number is VP (Vice President).

Translated into Chinese, it means Vice President.

There are about 12000 VPs in Goldman Sachs.

more than a third.

In other words, Goldman Sachs has 12000 VPs
This is mainly because, in other industries.

A vice president is often a high-ranking position and a senior position.

But in investment banks, VP can only be regarded as the middle level.

In terms of status, it is probably equivalent to the subject level of the soil turtle.

When David Mellon was at Goldman Sachs before, he was a senior VP, who was about to be promoted to the head of the department.

In investment banks, all kinds of analysis are generally at the bottom.

This is the case of Goldman Sachs, and it is also the case of financial giants similar in size to Goldman Sachs.

Smaller financial companies are actually similar.

That is, there are fewer people and fewer positions.

In Smith Capital, there is no such thing as VP.

In addition to David Mellon, Melio, and more than a dozen staff members responsible for logistics and administrative work.

The remaining [-] members of Smith Capital are all Analysts and Traders.

Translated into Chinese, it means analysts and traders.

The job of analysts is to analyze the market conditions of various industries.

Evaluate the investment risks and returns of various financial products, and collect financial intelligence, etc.

The job of the traders is to obey the orders of their superiors and communicate with major banks and financial groups.

Buying or selling the financial products that the company needs is more of a tool than an analyst.

The whole company really has the right to operate and can invest independently.

There is only one person from the beginning to the end, and that is Mr. Chairman.

Even David Mellon has no right to operate an investment exceeding tens of millions of dollars.

on Wall Street,

In a situation like Smith Capital, it is definitely the kind of scorpion pulling poop.

This is why Abel is not afraid of checking.

He alone has the right to trade in the whole company,
He didn't have to be afraid that his subordinates would carry out illegal operations without his knowledge, which would hurt the company.

Simply put, the entire company is staffed with tools.

It is his financial tool.

(End of this chapter)