Back to 1995

Chapter 986
This sentence alone contains a huge amount of information, which made Ted Sarando feel his scalp tingling. Paulson is the new boss of the federal financial department. He entered the revolving door from Goldman Sachs and was naturally close to Wall Street. It may also become the most powerful figure among the previous federal finance bosses.

Paulson suddenly released the news that WorldCom will be reorganized, which is very subtle in itself. Although WorldCom has gone bankrupt, there are still many good things under its banner. MCI, MFS Telecom, etc. belonging to WorldCom are all It's a good thing for the telecom industry.

For many people, the reorganization of WorldCom is nothing more than a sweet pastry. Paulson obviously wants to use this incident to manipulate his power for the first time since he came to power.

And Song Yang obviously wanted to take this opportunity to let America Telecom bite off a large piece of fat from WorldCom's legacy.

There may be various transactions behind this. Of course, for some small and medium-sized telecommunications companies, there is no chance to enter this gluttonous feast. Tongtong has already been scrapped cleanly, and then the brand of Shitong has completely disappeared in front of the world. If Shitong is mentioned again, it will only be used as a negative lesson. As for the ending of Shitong after bankruptcy, no one will mention it again...

Both Marcus and Greck nodded together. The acquisition of WorldCom's heritage is not about how much it costs, and even the opinion of WorldCom is not important at all. It is a piece of fat that can decide anything.

Those who are really qualified to cut this piece of fat must be the federal bankruptcy court, the federal financial department, and some masters on Capitol Hill, the office of the commander-in-chief, etc. Only when these people are dealt with can the cake be cut.

"Paulson and Capitol Hill are the key to winning over WorldCom. I'm afraid it will cost a lot of public relations fees this time!"

Marcus said very directly that this matter depends on how it works. Other telecom giants with this idea basically follow the same routine. It depends on who spends more public relations fees, who has more connections and power.

"Unexpectedly, after Paulson left Wall Street, he still couldn't avoid dealing with him!"

Greg shook his head and smiled helplessly. Paulson's wrists are notoriously tough, and it has never been so easy to get benefits from him.

In addition to the matter of WorldCom, there is also the matter of Enron Group, and Paulson will definitely not be avoided. Like WorldCom, there are obviously not a few people who are targeted by Enron's fat meat.

Paulson, who has left Goldman Sachs, will not necessarily make less money in the next few years than in the past, and even far exceed it by a large margin.

After all, there are too many places where he can manipulate power, and Paulson simply doesn't understand how to exchange these powers for a lot of dollars. What is the high price for a federal bigwig to give a speech and a publishing house to pay a sky-high price? Copyright fees, etc., many of these routes were created by Paulson himself, so he is naturally clear!
"President Jerry Levine is here!"

At this time, an assistant walked in, and Ted Sarando knew that the person he was going to meet today was the co-president of AOL Time Warner.

"President Levine!"

Song Yang was very enthusiastic. He greeted Jerry Levine at the door ahead of time, and gave this big man in deep trouble enough respect, but this respect made Jerry Levine a little uneasy.

"Song, President Irene, President Eiger... Ted!"

Seeing a large group of powerful people belonging to Song Yang waiting here, Jerry Levin was not only unhappy, but became vigilant.

Being courteous for nothing, this kind of thing has never existed in America. What is practiced in America is breaking the drum and hammering others. The more unlucky the person, the more bullied they will be!

A group of people came to the golf course of the North Shore Manor. At this time, Jerry Levine was full of guesses. What did Song Yang want to do with such a big battle today? Where did he have any thoughts on playing golf? .

"President Levine, it seems that he is not very interested!"

After hitting a few shots, Song Yang put down the golf club in his hand and said with a smile to Jerry Levine.

Hearing this, Jerry Levine didn't speculate wildly. After taking a look, Irene, Greg and others sitting under the umbrella asked Song Yang directly, "Song, let me come today, what is it?" What to do!
Now AOL Time Warner, it seems that there is nothing, what you want! "

The entire AOL Time Warner is a mess right now, and Wall Street institutions are avoiding it, as if they are afraid of getting bad luck, and no one can say whether they will have a chance to stand up again in the future, Jerry Levine doesn't know, Is Song Yang eyeing Time Warner?

Song Yang smiled, and did not answer directly, but said to Jerry Levine, "I heard some rumors about AOL Time Warner. When that guy Keith left, he seemed to have left some mess behind him!"

When mentioning Case, even in front of Song Yang, Jerry Levin couldn't hold back anymore, and said with a sullen face, "If he doesn't retire now, he should live in a federal prison!"

Seeing Jerry Levine's expression, Song Yang could feel that the situation of AOL Time Warner was really not good.

After coming to sit under the parasol, Song Yang poured Jerry Levin a glass of wine, "Honestly, President Levine, the situation of AOL Time Warner cannot be blamed on you. You may just have some bad luck. The last time It will prove that everything you do today is to make Time Warner better!"

Although he knew that Song Yang was flattering him, hearing these words still made Jerry Levine a little bit more helpful. Since the NASDAQ crash, Jerry Levine has been scolded so badly that even Some people who invested in AOL Time Warner and lost money even went to Jerry Levine's house to hold a sign to protest. During that time, Jerry Levine was really exhausted.

But Jerry Levine is really for Time Warner, everyone has selfishness, but the merger with AOL, Jerry Levine is really not all selfishness, if it is for selfishness, he can completely let Time Warner and Disney, Paramount, Fox and other peers merged, and the acquisition price is estimated to be higher. After the merger is completed, Jerry Levine will get more things.

The reason why it merged with AOL was because Jerry Levine saw the decline of traditional media, and he didn’t want Time Warner to be abandoned. The future belongs to the era of Internet media, which Jerry Levine once believed deeply .

For this reason, he was quite radical and contributed to the merger of Time Warner and AOL. However, the collapse of the Internet was completely beyond his imagination. He taught him a solid lesson and told him that the water level of the Internet Too deep, he is too young in the Internet industry, and he still can't grasp the essence of Internet cutting leeks...

"It's over, and whatever future people may say about this merger between Time Warner and AOL, it's over for me!"

Jerry Levine took a deep breath, and said with a bit of unwillingness, remorse and frankness.

And upon hearing this, Irene, Greg and the others couldn't help but look at Song Yang. The meaning of Jerry Levine's words should not be too obvious. It was obvious that he was about to leave Time Warner.

And by saying this, Jerry Levine is also telling Song Yang that no matter what tricks Song Yang wants to play, it has nothing to do with him. After the financial fraud lawsuit is over, he will leave Time Warner. Those right and wrong , has nothing to do with him, and how much infamy has been left in the arena.

Song Yang couldn't help frowning slightly. If Jerry Levine really chose to retire, then the next thing would be really difficult. He doesn't care about fame and fortune anymore, so naturally he doesn't have the heart to toss about anything.

"Time Warner cannot do without you, President Jerry Levin, you should not have left Time Warner!"

Song Yang said something to Jerry Levine. Hearing this, Jerry Levine smiled calmly, and said with a helpless and relieved expression, "To be honest, Time Warner's board of directors is already selecting new candidates. CEO!"

"Song, no matter what you want to do, it's best to talk to the next president of Time Warner!"

Looking at Jerry Levine who seemed to be indifferent, Song Yang took a sip of his drink and stretched out his hand, "President Jerry Levine, are you going to retire with those misunderstandings and infamy? Future history , will record that you and Case created the most failed merger in the history of the world, and you will also be the most failed professional manager of this era!"

Even though he had made enough psychological preparations, Jerry Levine's face turned ashen when he heard this, and the hand holding the wine glass turned pale.

"But everything can be changed, as long as President Jerry Levine is willing!"

(End of this chapter)