Wall Street Legend

  Chapter 211 Negotiation

   The one billion dollars is only the first batch, and Mr. Bernard Madoff promised to transfer the remaining one billion dollars within one month.

The old man still has money in hand, the total amount is about 5 billion US dollars. The two have communicated on the phone several times. According to Bernard Madoff, if Ye Dongqing can guarantee to perform the contract on time and cooperate with him business, and the rest of the funds will be in place one after another.

Otherwise, the money will also drag the old man into the abyss. After all, his investment has not brought any returns so far. In order to avoid a run on, he must pay dividends to customers on time. Once it is ruined, everything is ruined, as long as there are any scandals, no one will believe him anymore.

Regarding this transaction, only Ye Dongqing, Mr. McCord, and the company's chief financial officer knew about this transaction in Danshui Investment Group. The latter two did not know that the old Bernard transferred the money because he was "blackmailed". I thought it was some kind of agreement reached with Ye Dongqing in an attempt to deceive investors and count the money earned from purchasing financial products as their own income.

Considering Ye Dongqing's personal health and asset status, neither the CEO McCord nor the CFO (Chief Financial Officer) felt that such a thing was a big deal, and they all signed a non-disclosure agreement in exchange for a hundred thousand dollars "Reward", it is right to say that it is a hush money, anyway, there has been no problem so far.

"Ever since I found out that Mr. Madoff was in contact with you and was planning to invest money in our company, I started to cut off various projects of Golden Island Financial Management Company. Now it still has more than 1,100 employees left. Most of them will be dismissed within two years.

If there are no accidents, the total client assets managed by Freshwater Fund will soon reach 20 billion U.S. dollars. If there is no accident on Mr. Madoff’s side, if all assets are transferred, only about 8 billion U.S. dollars will be left. Several Wall Street companies have contacted them, and they are very interested. The total investment scale is expected to reach 1.4 billion US dollars, with an annualized rate of return of 10 points. "

While speaking, Mr. McCord took the cigar handed over by Ye Dongqing, lit it with a lighter, and started puffing in the office. With the success of Danshui Investment Group, he also gained some status in the financial circle. A suit is worth tens of thousands of dollars. It looks like a successful person's attire, with a more mature temperament, more like a boss than Ye Dongqing.

Ye Dongqing also clicked the root herself, and said in his mouth: "Whether it is a regular worker or a temporary employee, the compensation is a little bit more when dismissed. Although I told them when I hired them that this job will not last long, I didn't expect it to be so. It will be so short, everyone has contributed to the development of the company, everyone can get together well, don't be caught by the media."

   "We started a company, not for charity, and never received benefits from New York State. Why are we supporting a large group of people for nothing?"

"It's different from before. Pay attention to the impact. There will be plenty of funds in the future. It's better to lower the interest rate a little bit. Even if it's only 8% annualized, it's much higher than banks and national debt. It's already There is no need to ask others, I can continue to make money myself.

Old Bernard is not at ease for the time being. I will use my results to tell him that there is absolutely nothing wrong with investing in me, so it is estimated that he will transfer the remaining money to me for investment. For the time being, everything will be as usual. inform you. "

"By the way, boss, I haven't asked how you persuaded Mr. Madoff to invest in our company? I didn't receive any notice before you called me. Management fee, this time he should be able to make a lot of money, right?"

  Ye Dongqing couldn't help laughing after hearing these words. Bernard Madoff was very popular in front of people. Who would have thought that such a famous Wall Street tycoon would have carefully arranged a Ponzi scheme?

Reminiscent of the "Wolf of Wall Street" that I have seen before, compared with the protagonist in it, Old Bernard is the real old wolf. If he continues to let his deception continue, maybe in the end it will be like the previous life, causing five The loss of 60 billion U.S. dollars shows that the elite group is not necessarily smart, or they are being played around by this old man.

  He smiled and shook his head and told Mr. McCord: "It's not as simple as you think. Anyone who manages such a large amount of money will be under pressure. It is the most sensible way to invest in me. Don't ask about the process."

Subconsciously, he thought that the old man was not capable enough to manage so much money, but he continued to absorb funds greedily. McCord nodded and stopped asking, following what the boss said just now: "OK, next I will Adjust the fundraising plan, the same as before, right, I will release the news at the right time to tell people that we have raised enough funds.”

Whether it is a private equity fund or a public equity fund, the industry is very deep. They don't care if they have a good investment plan. As long as someone is willing to invest, they will eat all of them, and then make money from the management fee. The more money they manage, the gang The more fund managers earn, anyway, even if they lose money, it is investors' money that they lose.

Freshwater Investment Group is different, it is more like issuing some kind of high-return bonds to the outside world. Although Ye Dongqing feels that he can earn more, considering risk control, it is better to limit the scale within a controllable range. It is impossible for him to make all the money in the world by himself. If the interest rate is low, he can continue to raise funds from investors.

  $20 billion is just a non-existent red line, and it does not necessarily have to be limited to less than $20 billion. It is better to take one step at a time.

Ye Dongqing said: "Don't worry for the time being, the most important thing is to help me buy some oil futures orders sold by others immediately, the long-term contracts that are bullish on oil prices, don't buy them wrong, I think oil prices will definitely go up again Go up and up.

  Let’s start building positions today. The bigger the leverage, the better. I’m going to invest all the money old Bernard invested in us. Don’t try to persuade me. I’ve made up my mind. If I’m not sure, I won’t be so aggressive. "

   "How much more... two billion dollars? Plus leverage?"

Vaccination was useless, Mr. McCord was still frightened, and using two billion US dollars to leverage, even if it was only a five-fold leverage, it would be worth ten billion US dollars. At that time, a single point of fluctuation could lead to hundreds of millions of US dollars. , Even some countries dare not play such a big hand.

  In his opinion, this kind of business is looking for death. In case of a crash, judging by Ye Dongqing's current worth, even if he is not dead, he will be half dead...

  (end of this chapter)