Soviet Godfather
Vol 5 Chapter 74: Poaching
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Bill Gross may not be as famous as Peter Lynch, Warren Buffett, George Soros and others in the hearts of ordinary people. That's because the main concern of Bill Gross is the bond market, and the participants in the bond market are large financial institutions and investment management companies. Bill Gross is now more than 40 years old, and under the leadership of the Pacific Investment Management Company he works for, he has grown from a small fund with only tens of millions of dollars in funds to two billion dollars. Of large and medium-sized financial institutions.
However, Sergei Sha knows that Pacific Investment Management Company will develop into the world's largest investment management company in the future, and Bill Gross's title of Debt King has also come out step by step in this way. Although Bill Gross was still just a bond fund manager at that time, his power was to some extent greater than that of the President of the United States.
This is not to tout Bill Gross, because bonds are a matter of life and death for Western capitalist countries. Whether it is the US government, the Japanese government, or the governments of the old-style zibenist countries in Europe. No one does not rely on the issuance of bonds to raise the funds needed by the government. Whether it is public construction, military expenditures, or education expenditures, none of the governments of these countries is not eating food. If the current financial situation of the US government is evaluated from the perspective of the company, the total debt is already twice the GDP, and the fiscal deficit continues to increase.
Although national debt is a bond endorsed by the country's credit, it is also subject to market testing. And the people who test him are bond market investors like Bill Gross. No matter which country’s bonds are, only when they are recognized by the market can they successfully get money from international creditors.
Although Mikhail didn't understand what Bill Gross was so good about. However, he put aside his business in Japan and flew to the United States to discuss the specific matters of incorporating Pacific Asset Management. The management of Pacific Investment Management Company had not heard of the name of Bank of Columbia, so he refused to meet Mikhail at first. It was not until a phone call from the President of Barclays Bank that Pacific Investment Management Company gave Mikhail a call. Haier's arrival took it seriously.
Under the arrangement of the president of Barclays Bank, Mikhail took the initiative to visit Pacific Investment Management Company. Mikhail came alone, with neither entourage nor assistant, and it seemed as if he came in and just wandered around. This made the management of Pacific Investment Management Company feel very surprised.
"Mr. Grachev, we heard that you want to cooperate with us, don't you know what plan you have?" the CEO of Pacific Investment Management Company asked straightforwardly.
"Mr. Bill Gross isn't here, I want to see him!" Mikhail didn't even think about it, the CEO of Pacific Investment Management, he didn't want to waste time. Sergei's meaning is very clear. He only wants Bill Gross to join the Bank of Colombia. If Bill Gross is unwilling to leave the Pacific Investment Management Company, then he will buy this company. However, if Bill Gross himself can be persuaded, Mikhail is unwilling to spend the wronged money.
"This one is Mark Milken, the CEO of our Pacific Investment Management Company, and Mr. Bill Gross is just our head of bond business..."
A lady present was about to introduce the company's management, but Mikhail waved his hand absently, indicating that he didn't want to listen any more. The company’s CEO Mark Milken’s smile turned from brilliant to embarrassment and embarrassment. He couldn’t figure out that as the company’s CEO, he couldn’t compare to his subordinates. Yes, this Bill Gross is indeed very powerful, with outstanding performance and a small reputation in the industry, but the business scope of Pacific Investment Management is not just in the field of bond investment.
Everyone from Pacific Investment Management Company in the conference room turned their attention to Mark Milken. Mark Milken stood up pretending to be calm, waved to everyone, and then left the room with everyone. Mikhail nodded to Mark Milken, thanking him.
Mikhail sat quietly in the conference room, quietly waiting for Bill Gross to arrive. After a while, a thin middle-aged man knocked on the door of the office, then opened the door and walked in. Mikhail stood up, took the initiative to reach out to each other, and then asked politely, "Are you Mr. Bill Gross, the head of this company's bond market?"
"Yes, that's me! I heard my colleagues say that you are the head of Columbia Bank. Do you have anything to do with me?" Bill Gross has a beard and is very thin. Although he is in his forties, he He looked very energetic, not sure if it was a professional reason, he always kept a vigilant and shrewd look in his eyes.
"Please forgive me for being abrupt. Our Bank of Colombia intends to deploy bond investment business and would like to recruit an experienced and capable fund manager. I wonder if you are interested?" Mikhail said straightforwardly.
"Ha, you are really interesting. It's the first time I have seen a visitor with fanfare like you come to dig a wall? Unfortunately, my answer is, I'm sorry, I am very happy working here!" Bill Gross did not hesitate Refused.
"I would like to ask you to think about it seriously. Before that, please take a look at the investment plan I have! I'm sorry that I came to New York from Japan to find you. This investment plan is also mine. It was temporarily drawn up on the plane!” After Mikhail finished speaking, he took out a piece of A4 printing paper from his pocket~www.wuxiaspot.com~ and unfolded it in front of Gross. Gross looked at this piece curiously. The paper simply says the first year, 10 billion, the second year, 20 billion, the third year, 40 billion...
"Excuse me, what do you mean by the 10 billion written on it? It won't be the scale of the fund. Is this currency worth in U.S. dollars?" Bill Gross looked at the other person and asked, feeling a little weird.
"It seems that you understand my plan, so it's easy to say! Next, I will talk to you about the salary. The annual salary is 30 million US dollars. The annual performance can rise by 10%. Of course, there are other things. Stocks and year-end dividends, I want to use your current performance to get an annual income of about 100 million U.S. dollars! As far as I know, even the CEO of Goldman Sachs can only get half of this price... "
Bill Gross has never heard of such a good salary. The salary far exceeds Bill Gross's imagination, but the Columbia Bank where the other party works is unknown before that, so Bill Gross quickly found one. The opportunity interjected and asked: "What kind of company is Columbia Bank?"
"Our current main business is investing in Japan's foreign exchange, real estate and stock markets. We are lucky and made a little money..." Mikhail replied with a relaxed look.
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