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Chapter 159 The landlord's family has no surplus
Song Yang discussed with Greck and Marcus for a while, then turned his head to look at Edison, "ICQ can accept the venture capital from Deutsche Bank Investment Bank, but not now. When ICQ starts financing, it will accept Deutsche Bank Investment Bank to enter. Deutsche Bank can get no less than 5% of the equity!"

ICQ will have to raise money sooner or later, there is no doubt about it, but with the current valuation of Wall Street for financing ICQ, it is too cheap, and Song Yang will never accept it.

When ICQ's valuation is up, it's not a big deal to raise funds at that time and give up 5% of the equity of Deutsche Bank Investment Bank. It's still the same sentence, whose dollar is not a dollar? !
Edison obviously also saw Song Yang's thoughts, and he just didn't want Deyin to pick up the loopholes. After looking at Song Yang for a few times, Edison didn't know what he thought of, and finally nodded in agreement.

"Song, Deutsche Bank hopes to cooperate with you!" Edison said this sentence to Song Yang as if reminding Song Yang.

Deutsche Bank Investment Bank is an outsider from Wall Street, and Song Yang is not. His skin color, he was born in the lonely star state of Texas, he has good friends with people from the elephant party, and the Internet in America is incompatible with Silicon Valley.

Song Yang didn't respond. Some things can be done, but they can't be made public. Even if everyone knows it well, as long as they don't say anything, they can pretend nothing happened.

As for Edison's last condition, or the suggestion that Deutsche Bank Investment Bank help American Telecom expand, it made Song Yang hesitate.

The telecommunications industry is not so easy to hang out with. Even if the restrictions are lifted, there are still too many rules and regulations in this industry. If you are not careful, you are afraid of being set aside, such as American information security, American privacy and freedom, etc. Will be used as a point of attack by someone with a heart.

But this is another opportunity. The future boundary between Amerika Telecom and the media will be very blurred. Giants in the telecom industry have stepped into the media industry one after another, and they may not be able to hide even if they want to!

Moreover, once the line of American Telecom is announced, it may become a live target of the American telecom industry in an instant, and the major giants are afraid that they will want to get rid of America Telecom quickly.

After thinking for a while, Song Yang finally spoke and said to Edison, "If American Telecom needs it, I will consult Deutsche Bank Investment Bank!"

With a smile on his face, Edison reached out to Song Yang again, and after shaking hands, the Wall Street madman said to Song Yang, "I hope that day won't take too long!"

"America Telecom, you are in charge!" Pointing to Anshu Jain, Edison dropped a sentence and left directly.

Edison is in charge of the investment banking business in [-] regions around the world, including America and London. In addition, he also has to deal with his wife and French mistress in England. The time is quite tight. The reason why I can sit here and talk today is because of Song Yang. Otherwise, he would not be seen at all.

"When will it be completed?!" The one thing that Anshu Jain and the Deutsche Bank investment bank are most concerned about is when they will be able to receive the line after paying such a large fee to America Telecom.

Although we all know that Song Yang, an upstart in America, would not use a fake line to bluff, but Deutsche Bank is still very cautious.

A Deutsche Bank executive said to Song Yang, "You have done a good job of keeping secrets. Wall Street has not heard any news at all, but the media has not reported anything, and no photos of the construction site have even been released!"

In response to this question, Song Yang said, "America Telecom used the name of some other companies for construction. In fact, if you inquire, you will find that there have been companies buying land on this line from Chicago to New York!"

"America Telecom guarantees that the project will be completed within three months, so that Deutsche Bank Investment Bank will receive the new line from Chicago!" Song Yang thought for a while and said, according to the current construction period, it will be completed around this time, provided there are no accidents.

Spivey also said, "After signing the agreement, America Telecom can provide you with a construction site map every day!"

An Shu and several Deutsche Bank executives exchanged glances, nodded to each other, and then signed the agreement on behalf of Deutsche Bank Investment Bank.

Seeing this agreement, Song Yang could not help but heave a sigh of relief, America Telecom's first order was finally won!
With this first order, American Telecom has a bargaining chip to find other Wall Street investment banks and institutions. German investment banks have used new lines. Can other investment banks not use them, unless they do not want the profits of the Chicago futures market.

After leaving the German investment bank, Song Yang and the others first went to Merrill Lynch Investment Bank, Edison's former employer and now Deutsche Bank's deadly rival!

Looking for other investment banks may not have such a big reaction, but looking for Merrill Lynch will definitely have an effect. The stronger the German investment bank is, the more aggrieved Merrill Lynch will be.

The media will continue to fan the flames. Merrill Lynch Investment Bank was blind at the beginning and did not trust Edison, so he let Edison leave, which made Deutsche Bank Investment Bank strong!

Unless Edison leaves Deutsche Bank, the relationship between the two companies will be untied, so Merrill Lynch is the most nervous about Deutsche Bank Investment Bank, for fear of being surpassed by Deutsche Bank Investment Bank.

Song Yang and his group came to Merrill Lynch's current headquarters. In a few years, the World Trade Center headquarters may only exist in the video tape.

When America Telecom's line plan and the agreement of Deutsche Bank Investment Bank were thrown in front of a group of executives of Merrill Lynch Investment Bank, the expressions of Merrill Lynch executives were quite rich.

"Song, this is not a cooperative attitude!"

Stan O'Neill, who was the vice president of Merrill Lynch at the time and was considered by the outside world to be the next head of Merrill Lynch's investment bank, was a Wall Street executive of African descent. The number of African-American presidents in the company is still in single digits.

Song Yang shook his head and looked at Stan O'Neill sincerely, "Merrill Lynch should know that I didn't intend to offend Merrill Lynch, the investment bank with the longest history on Wall Street, I was just showing you the new line of American Telecom, and its users, Wall Street needs this line!"

Stan O'Neill glared at Song Yang. He had no right to choose at all. Addison's departure also made Stan O'Neill and several other Merrill Lynch executives who might be the next head of Merrill Lynch. Public opinion is at the forefront.

Now there are voices that Stan O'Neill and the others are jealous of Addison's talent and have pushed him out of Merrill Lynch Investment Bank.

Squeeze out ghosts, Stan O'Neill and the others are just wage earners. The conservative strategy of Merrill Lynch's major shareholders is the reason for Merrill Lynch's silence. Merrill Lynch has been declining since it entered the 90s.

Last year, Merrill Lynch added a large number of low-margin and high-risk businesses in order to increase its performance and increase its stock price. As a result, its revenue increased by US$30 billion, and its profit only increased by a pitiful US$[-] million. Among the peers, it was a big loss of face.

Stan O'Neill frowned. The question before Merrill Lynch Investment Bank was not whether to accept America Telecom's cooperation, but how to take advantage of it.

As an insider, Stan O'Neill understands that Deutsche Bank Investment Bank's willingness to cooperate with America Telecom must have benefited.

"Merrill Lynch can cooperate with American Telecom and buy 20 seats, but Song, you need to cooperate with Merrill Lynch!"

Compared with Deutsche Bank, which is rich and powerful and wants to make a fortune on Wall Street, Merrill Lynch is now cash-strapped. It is not easy to win [-] futures trading seats. Stan O'Neill now only hopes to get back some income.

Song Yang also didn't want to be aggressive and force Merrill Lynch, a veteran Wall Street giant, into his opponent.

"Double-click the company, you can choose to let Merrill Lynch become one of the stock underwriters!" Song Yang played the double-click card again.

This card is also the most effective. Hearing Song Yang's conditions, even if he knew that he only got a little bit of mosquito meat, but for Merrill Lynch, who only made a mere $[-] million in stock underwriting and consulting fees last year, no matter how small a mosquito It's also meat, better than nothing...

"Song, I need to remind you that Addison is a lunatic. He is like a runaway sports car. It is indeed fast, but no one knows where it can go!"

After signing the agreement, Stan O'Neill said something to Song Yang in a warning and provocative manner.

Song Yang put away the agreement and glanced at Stan O'Neill's back. Stan O'Neill is an old-school Wall Street manager who pays attention to risks and controls costs. Merrill Lynch's board of directors chose him to take over because of his character.

In terms of expanding territory, ten Stan O'Neills combined are no match for one Edison, but Stan O'Neill is definitely a conservative. When facing risks and turmoil, the company controlled by Stan O'Neill may survive. Going on, of course, the most important point is that the board of directors of Merrill Lynch can suppress Stan O'Neill, but it cannot suppress Edison. Once Edison becomes the head of Merrill Lynch, it is estimated that all the old men on the Merrill Lynch board Got to be kicked out.

Within two days, Song Yang first met several major investment banks such as Deutsche Bank Investment Bank, Merrill Lynch, Morgan, and Citigroup. Facing the emergence of American Telecom, the major investment banks basically chose to accept it.

This is a clear sign. Wall Street companies have already accepted it. If they are unwilling to accept the new line of American Telecom, they will face the situation of being crushed in the futures trading in the second half of the year. At that time, it will not be a telecommunications line with a small dollar The expense, but the loss of performance that may reach more than a dozen or billions of dollars, it is still clear which Wall Street companies are right and wrong.

So even if he was scolding about the appearance of American Telecom, he still had to wear a smile on his face.

However, not all Wall Street institutions are willing to accept the cooperation of American Telecom. Credit Suisse Bank, facing the cooperation of American Telecom, is extremely angry, thinking that it is a squeeze on the futures traders of Credit Suisse Bank.

In the hotel where he was staying, Song Yang was talking with Greg about the next partner of American Telecom. America Telecom has two hundred trading seats scattered in dozens of companies. After the company negotiates, those small and medium-sized investment banks will naturally cooperate with America Telecom, unless they don't want to work in the futures business!
When Spivey and Marcus, who came back from negotiating with Credit Suisse, said that the negotiation failed, Song Yang only responded lightly, "I know!"

(End of this chapter)