Wall Street Legend

  Chapter 321 Divide the cake

  Mark Madoff is right, in the capital market, eating alone is a serious crime.

Those people discovered that Ye Dongqing's company was getting better and better, but they had no intention of bringing in external funds to share the benefits with others, so they decisively beat and forced him. It is hard to say what will happen if there is another next step and no part of the cake is divided.

It is often said that class has solidified, and it is the same in the business field. The forces that developed earlier have strong capital and connections. It is no big deal to bully the newcomers at every turn. Develop in the direction they want and be proud of it, as long as they make money, no matter what his reputation is.

  To put it bluntly, when did Wall Street have a good reputation? A group of wolves who believe in the supremacy of profit are trying to encircle and carve up Ye Dongqing's property.

  Of course, it’s just a part of it. The means can be sidelined, but not out of bounds. The situation is a bit tricky, yes, but it’s not the worst. Otherwise, Ye Dongqing wouldn’t be interested in playing golf here.

Compared with the emerging Internet industry, it is less likely that there will be large-scale sole proprietorships in traditional industries. Business in those fields is more difficult to do, because others can do it, and they may do it better. The profits are visible, and the competition bigger.

The Internet market is different. Facebook has only been in development for a short year and a half. Its current valuation has exceeded tens of billions of dollars. When it first developed, no one paid attention to it. By the time people paid attention to it, its market value had already skyrocketed, and they felt that there was still room for growth. Therefore, they did not hesitate to team up to bully Ye Dongqing, the "little guy". The original intention was to hitch a ride and let him bring everyone together to make money and reap benefits from it.

It can be regarded as being merciful, at least from the performance, it is indeed the case, but this is also related to Ye Dongqing's own caution. The company has developed to the present, except for being forced to play a little trick at the beginning, it has followed the rules and laws afterwards. , leaving no handle.

"I can foresee that the next step is to break the contract and withdraw the capital. They used the SEC investigation to smear my company's reputation in order to make my investors suspicious. Maybe some of those investors were also arrested by them Instigated, want to join hands to deal with me together."

Sitting on the golf cart, Ye Dongqing wiped the club to be used next with a cloth, turned to stare at Mark Madoff and asked, "Could it be that they chose your father and gave him an irresistible offer?" quote?"

  This is testing.

There is no impenetrable wall in the world. It is hard to guarantee that the Ponzi scheme played by old Bernard Madoff will not be noticed by other interested people. In addition to the funds raised by the Madoff family, the largest investment is only 18 years old. 100 million US dollars, if 30 to 40 billion US dollars are withdrawn, it will definitely not hurt the Freshwater Investment Group.

  And if the old Bernard Madoff also joins in and gets involved, taking away the funds for the benefits promised to him by others, a total of more than 8 billion U.S. dollars in funds! Ye Dongqing can't be broken, but she will fall into a desperate situation, and it is inevitable that she will be robbed by others.

  If Mark Madoff hadn’t taken the initiative to come to him today, Ye Dongqing would have contacted his father as well. As long as such a large sum of money doesn’t move, there won’t be a chain of divestments. People’s hearts are the most vulnerable thing, and shopping malls are like battlefields.

Mark met Ye Dongqing's eyes without showing any strange emotions, and said with a smile: "How is this possible? The contract signed at that time had a financing period, and the liquidated damages for less than two years were as high as 15% of the total amount. He will spend such a large sum of money to lure us, my father is a smart man, he and I both know that only by cooperating with you can we restore the glory of the family."

Ye Dongqing didn't know about the so-called 15% liquidated damages, as if he was showing allegiance. The company is so big and there are many things happening every day. How could he know everything? Mr. McCord was personally responsible for this matter , The team of the law firm also reviewed it, and did not pay attention to the breach of contract clause at all.

  With more than two billion dollars in liquidated damages, plus the loss of interest, I feel that it is impossible to have the courage to invest so much money to seduce old Bernard before making money, so let me relax a little.

  However, what old Bernard Madoff did, the Ponzi scheme, was also a threat to him. It was useless to tell Mark at this time, and he hid his anxiety alone...

The wages of avarice is death.

  There is also competition within large companies, such as Citibank. Different executives are responsible for different things. When the executives do a good job, they can get a commission from the board of directors, while competitors do a good job, and the commission does not fall to unrelated departments.

  Joseph Hale, the head of the investment banking department of Citibank, got out of the car and entered a villa, keeping his head down the whole time, cautiously.

There is a sum of money in Danshui Investment Group from Citibank, but it was invested by the margin financing and securities lending department. It has little to do with Joseph Hale. Recently, someone came to him and said that he had a big business to discuss, and he probably figured out what needs to be done. After what happened, he rushed over in person, worried about other people, the less people know about this kind of thing, the better.

In the global financial market, there are countless unspoken rules and countless secret transactions. Nowadays, there are no fools who suddenly rush into a certain stock and withdraw quickly after making a fortune in a short period of time. Although the Federal Securities and Exchange Commission is weak, it can They are not vegetarians. No one wants their names to appear in the hands of prosecutors. They will lengthen the timeline, wait for half a year, one or two years, create "insiders" by themselves, and make a fortune through short or long positions. It is difficult to be traced, which makes traders and financial bosses more patient.

   The inside story has always been there, but unlike some emerging markets that often make jokes, it has reached the point where it is unscrupulous and treats others as fools. For money, many people are willing to take risks.

In the past, it was very, very good to earn tens of millions or hundreds of millions of dollars by making small troubles. If it weren't for hearing that there was an opportunity worth tens of billions of dollars, how could a person of Joseph Hale's status show up in person? To a certain extent, he has even entered the core of Citigroup, but he is still a senior wage earner.

Compared with this group of gold-collar workers who have been in the financial market, Ye Dongqing is so clean that it is shameless. If it weren't for the little secret in his mind, he would have been played to death by this group of people. Look at the two founders of Google. It is true that he has the right to speak. After the listing, most of the shares will be taken away by others, and he himself has solved the financial problem through financing first, so he does not need to be controlled by others.

  After entering the house, he saw several acquaintances. Joseph Hale had a meaningful smile on his face, and said, "Is there anyone else? I want to know what kind of business it is that can make you so united..."

  (end of this chapter)