Wall Street Legend

  Chapter 65 Buying

Freshwater Fund Company has all the necessary certificates, and needs experienced certificate holders to help supervise it. Ye Dongqing also spent money to find one. He needs to pay a full two hundred thousand dollars a year. He doesn't need the other party to do anything. Then you can get money.

  As a public offering fund, there is no problem with taking money from investors to invest, and it is a legal act.

   What is illegal is that the Freshwater Fund does not have the ability to perform the contract. Although it stipulates "principal protection" and "annualized 7.5% or 8%" rate of return, there is actually no way to guarantee that it will be able to perform the contract.

Ye Dongqing knows that he can make money by investing, but the people in the regulatory department don't understand this. Judging from the current situation, his company has no margin, and secondly, it doesn't invest in many low-risk treasury bonds, Bank deposits, etc., cannot prove that they have the characteristics of capital preservation, stable and high returns.

   This is a violation of the regulations. As long as it is found out by the regulatory authorities, fines and rectification are indispensable. If someone wants to make things big, they may even face jail time.

   Therefore, Director Vigo showed a worried expression.

  She is not worried about Ye Dongqing, but she is worried that her financial license will be revoked. It is true that there is an exemption agreement, but the association does not necessarily approve of that paper, and there is still a very high risk.

  When it comes to the US Securities and Exchange Commission, dealing with those guys is no easier than dealing with a shrewd lawyer. In fact, Ye Dongqing also knows that it will be a matter of time before he gets burned, but he is willing to take this risk in order to make quick money in a short period of time.

  General fund companies manage assets for users, and then make money through transaction commissions and management fees. It means that whether the investment result is a profit or a loss, it has little to do with the fund company. Anyway, the commission has already been settled, so even if there is a financial crisis, they will just lose the "cow". They can continue to regroup and change companies. Again.

  Freshwater Fund is different. Its wealth management products are like bank fixed deposits, more like "bonds" issued in the name of the company, and then agree on interest, and invest the money by yourself.

There is a huge difference between the two. Ye Dongqing has indeed violated the regulations. Now he depends on when he is discovered, and one day is a day. When he earns enough capital, he may be able to make up the margin, or he may just drop the pick and let the freshwater fund close. Business, return the client's funds with principal and interest.

   It is more likely that after paying the fine, it will transform into a fund company with normal operation and sell wealth management products to customers based on floating profits and losses. This will lose many customers and greatly weaken its attractiveness.

This kind of practice is similar to a bunch of rogue companies. For the famous fast-selling clothing brand ZARA, it tirelessly plagiarizes the new season products of major brands. Go to court, things continue to sell.

  The final compensation may only be one-tenth of the profit, and it will grow bigger and bigger.

  Now Ye Dongqing is playing hooligans. He specifically asked a law firm. The punishment for this level of violation is not strong. Of course, it is on the premise that the interests of investors are not lost.

Compared with the punishment, the profit is very considerable. A few days ago, I only earned so much money by helping the old man launder money. After starting to operate the Freshwater Fund Company, I almost got 6 million US dollars, most of which exist in the form of book wealth. Robbing a bank has never done such a low-cost business to make money quickly.

  After hearing what Ms. Vigo said, he didn't show any worries or fears. He was only worried that he would lose his job so early.

   tentatively asked: "How do they know, what did you tell them?"

   "What can I say?! I'm hiding it for you. Tell the other party that the new boss is strong and willing to spend money to play. They don't know that we don't have a margin, and we haven't invested in any safe low-risk assets!"

   "Nonsense, didn't I invest in a million-dollar treasury bond?"

  Ye Dongqing's joke is undoubtedly adding fuel to the fire. Ms. Vigo was already flustered, but now she is even more annoyed.

  The thoughts in his heart were written on his face, and he saw it.

  Worried that others would not find out, I was stabbed in the back by the company employees first, and used the method of reporting to get myself out.

After thinking about it, after weighing the pros and cons, he whispered: "I read a sentence in the book, if an employee chooses to betray, it must be because the boss is not willing to give more bargaining chips. As long as the company survives the end of this year smoothly, I will Send one million dollars to your designated bank.

   In addition, I will give you a job for at least twenty years, and the salary will only be higher than it is now. As long as the two of us know about this, we agree to carry out this transaction? "

Ms. Vigo didn't expect this. For a while, she didn't understand why Ye Dongqing gave her money. She is an extremely smart woman, and she quickly figured out something. After taking a deep breath, she said: "You are not old enough. Big, but trickier than I imagined."

   Leave as soon as you finish speaking, without dragging your feet.

Ye Dongqing looked at her back, smiled cheerfully, and guessed that she had agreed to it. She was not that charming, and she made the employees willing to work hard for her at the risk. But dollar bills are innocent, and those ink-printed papers are very attractive. Big.

   Did not climb to a high position, whether it is the money or the job, the temptation to Ms. Vigo is not small.

  You know, she is no longer a young woman. It is hard to say whether she will earn a million dollars in the next ten years. Who wants to work for others at the age of fifty and worry about losing their jobs every day?

A deal was concluded under the noses of other employees. What Director Vigo needs to do is to help Ye Dongqing maintain this illegal wealth management product until the end of the year. After calculation, there is more than half a month left to take over, so as to avoid being caught by the securities company. Subsidiaries of the Trade Commission are eyeing.

  ******************

  Laura was so entangled that her eyebrows were furrowed, and her fair and tender face was full of distress.

  Just a few minutes ago, Ye Dongqing, who was in a great mood, said that he would take her shopping until after get off work today.

  At first, she thought this guy was thinking about her, but after living together for more than ten days, nothing happened, and she didn't show any express or hint.

  However, today she suddenly invited herself to go shopping again. In this country where inviting a glass of wine is considered a hint, she will inevitably make a few more detours and think of other things—after drinking and eating, will she start thinking about it.

   Speaking carefully, Laura was actually a little angry. During the time they lived together, she began to question her appearance for the first time. Otherwise, how would you explain Ye Dongqing's gentlemanly behavior?

  At first glance, it doesn't look very impressive, but after knowing each other for so long, she recently began to think that Ye Dongqing is a bit cool, but also a very smart kind of cool, and began to have some small expectations for tonight...

  (end of this chapter)