Wall Street Legend
Chapter 327: stop
Chapter 327 Stopping
The next morning.
Under the impetus of the old Sandy Weir, a secret meeting was held in the headquarters of Citibank. A total of five financial leaders participated, including the current CEO of Citigroup.
The focus of the discussion was how to deal with Joseph Hale. Even if his purpose was to make the company more money, targeting the bank's big customers was beyond the bounds. A super rich man who had saved billions of dollars, and A wage earner with an annual salary of millions of dollars, which one is more important?
Of course it is the former. Although it is difficult to find senior professional managers with outstanding abilities, it is not impossible to find them. In the future, Ye Dongqing’s companies will carry out an IPO, and they may also raise large sums of money and borrow money. If they go against each other, they will lose this part of their income. They can also make a lot of money when they use leverage to buy and sell futures, which has already brought in nearly 100 million yuan. profit in dollars.
So, amidst the voices of support and opposition, the CEO and COO discussed for a while, and finally decided to let Joseph Hale leave, but no further punishment was imposed to avoid speculation from the outside world.
Old Sandy became the winner. You must know that Joseph originally hoped to compete with him for the position of the next CEO. He called Ye Dongqing immediately to announce the good news, hoping that he could take back his previous decision.
That guy was fired, and Ye Dongqing had no reason to transfer to other banks. With some preferential terms, he agreed to come down after finding the next step. After telling Little Edward, he asked him to help release the news, saying that he was completely prohibited from communicating with the KKR Group. All cooperation, including financing, selling shares, etc., is also trying to make an example to others.
He wanted to tell others that as long as he dared to force himself, there would be no cooperation, and he would not want to get the cake from himself as he wished.
As the sole shareholder of Facebook and Freshwater Investment Group, he has the right to choose partners, and then told Mr. McCord the same words, asking him to release the news, hoping to stop it for a while.
There may be slightly less resistance in the future, but what should have happened has already happened.
After Mr. Bernard Madoff returned to the United States, he was taken away by the police as soon as he landed at Kennedy International Airport. He was charged with several crimes, but so far no one has been prosecuted. Ye Dongqing took part of the pressure. An investor came to the scene and talked to him about the follow-up progress.
The loss is not small after a big package, the mainstream media headed by the "Financial Daily" and the "New York Times" have already announced these things, the old Bernard, following Ye Dongqing's instructions, insisted that it was just a normal business loss, and it had been settled accounts.
The reason why no one sued is very simple. Ye Dongqing has no obligation to help repay the debt. It is a blessing to get all the principal back. If you are greedy, you will lose about 10% of the principal. No one wants to make trouble with money, let alone What's more, there is Danshui Investment Group as a guarantee, which has given a very good annualized rate of return and a large amount of interest.
It took nearly a week to deal with the whole matter. Old Bernard couldn’t pay the bail, and Ye Dongqing paid 10 million US dollars in advance to release him on bail. His son Mark Madoff is fine, and the lawyer is negotiating a plea agreement with the prosecution , the initial sentence is five years, and if the performance is better, the sentence will be reduced by two years. The prison is Santa Ana Prison, because the old man has no money at all, and the fine is set at 20 million US dollars. Using the house and other fixed assets to cover it is tantamount to ransacking the house.
Mark's wife immediately filed for divorce. The marriage between the two parties was already bad. With the bankruptcy of the Madoff family, it is normal to leave. It is more appropriate to use the word "miserable" to describe it, and it has become a joke among others.
mentioned Santa Ana Prison, which is located in California, USA, and needs to be paid to live in.
As long as you have money, you can stay in this luxurious prison, unlike those ordinary prisons where you live a dark life. Prisoners pay 40,000 US dollars a year, and each person lives in a single room. They don't need to wear prison uniforms, they can wear their own clothes at will, and they are allowed to use mobile phones and laptops. It is considered one of the most luxurious prisons in the United States.
Ye Dongqing took on this small amount of money. He wanted Mark to do things for him, but not now. He planned to suppress it for a period of time and hone it. If he sinks down here, then he will treat it as nothing.
Ye Dongqing was only being questioned. He didn't make any money, but lost a lot of money. He was also a victim. The fire didn't catch him, so the matter passed.
Wanting to make up for some losses, Mr. McCord entered the market decisively when the oil price climbed to 51 dollars and 60 cents. On June 14th, the oil price plummeted! The total amount of empty orders authorized by Ye Dongqing is more than 7 billion US dollars, and a short position was filled during the period...
****************
That supermodel is indeed pregnant, and the wedding with Xiao Lizi was held in Hawaii, grand and grand.
Seeing the two happy faces in the newspaper, Ye Dongqing was the only one who was worried. He couldn't say that the child might be his own. There was no way to investigate this thing, and no one could figure it out until it was born.
It may be that the threat worked. Until the beginning of July, there was no other resistance during this period. The KKR Group was in full swing. Joseph made a fuss because he was dissatisfied with the company's decision, and was almost blocked by Citigroup. With Citigroup's influence, there was no People are willing to offend this company in order to hire someone. Knowing that this guy has conflicts with Ye Dongqing is even more unpredictable, for fear that he will miss the opportunity of financing like KKR Group.
They finally knew that Ye Dongqing was not easy to mess with, and even brought Mr. McCord's status up a notch. People thought it was him who was planning behind Ye Dongqing's back, and his strikes were ruthless and precise.
Because of the successful short selling, the CEO of Freshwater Investment Group became famous again. The oil price plummeted from 53 US dollars and fell in an astonishing trend. It returned to 40 US dollars in just three days, and there is still room for further decline. The trend is to close the position immediately after making more than one billion US dollars. Far away in London, the Jew who sold the house to Ye Dongqing almost jumped off the building because of the loss. The money from selling the house was just lost.
The drop came too suddenly, and did not leave much preparation time for the hedge funds. It is true that it can reduce risks, but there are still risks. Ye Dongqing plans to stop for a while after speculating on this fluctuation, he can't guess Through the next trend.
In this case, he took a helicopter to JFK International Airport to hand over his private jet, and took this big toy with an investment of more than 300 million U.S. dollars to Silicon Valley...
(end of this chapter)
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