Wall Street Legend
Chapter 216 Lowering the Price
There was light rain falling outside the window, and dark clouds hung over New York.
The snow accumulated some time ago was soaked by rain and is becoming less and less. It turns into water and flows into the sewers, washing the roads clean and making the temperature even colder.
There was heating in Ye Dongqing's office, so after sweating on his head, old Bernard unbuttoned his suit again, revealing the vest underneath. He spoke and acted like a traditional British old gentleman, except here In front of a young Chinese-American, he had to bow his head. After all, the biggest secret had been known, and his entire status and reputation could easily be destroyed. Once the secret was revealed, he would definitely go to jail.
Royal Million Dollar cigars cost tens of thousands of dollars each, and the white smoke is filled with the smell of money. Old Bernard was once a billionaire with a net worth of 300 million U.S. dollars, but now he owes a lot of debt. The reason why no one was discovered is mainly because there were no big customers who were cashing out at the same time, so the capital chain was not broken. In addition, there was a team of accountants who could get high salaries to help. The salary was so high that they would rather give up their professional certificates. .
This team alone is not enough. People from the Securities and Exchange Commission must also help, otherwise they will be found out. Until now, Ye Dongqing still doesn't know the inside story, and he doesn't think the old man will tell it easily and leave it to him. A handle.
The reason why I'm here today is because I have to be responsible to the investors. If you use this money to invest in anything, you should notify me in advance, otherwise I won't be able to explain to the investors. Old Bernard blinked. He himself didn't believe this high-sounding nonsense.
In the past few years, Bernard Sr. used reasonable rates of return to deceive everyone. He submitted investment reports to clients every month, and clients could redeem their investments at any time within a few days. Compared with the unreasonably high returns in general fraud cases, Madoff It guarantees customers a return of only about 10% every year, which is within a relatively normal profit range, and even states that they can make money regardless of whether it goes up or down.
The old man was well versed in the psychology of investors. The reason why he said this to Ye Dongqing at this moment was mainly because he wanted him to help and reveal some information so that he could find a way to prepare the investment report to avoid making clients suspicious.
Ye Dongqing nodded, not stupid enough to tell everything, and told you: I will hedge crude oil futures. I can only tell you this. As for what to do with your customers, it is your own business, and I don't want to talk to you. Your business has anything to do with it, you understand what I mean, right?”
I don't want to be dragged into the trap by this old man and have to pay for his mistakes. Except for the time when he accumulated original capital, all of Ye Dongqing's businesses are now legal and the future is bright. There is no need to stain his career.
Old Bernard didn't say anything. He had been making false accounts before and continued to fool investors so that they could get reasonable returns. This was not a problem for him. He took a puff of his cigar and continued: I understand. The remaining billion The U.S. dollars will arrive soon. In addition to this money, I still have a large amount of money in my hand, about five billion U.S. dollars. I have no way to deal with it. Are you sure you can find a way to continue to follow the originally agreed rate of return? , and help me manage the remaining money?
In the hands of the old man, such a large amount of money may be as powerful as a time bomb. Taking into account dividends and profits, the gap will only get bigger and bigger, and it will never be able to turn over if this continues.
Recently, Bernard Madoff carefully investigated the Tamsui Investment Group and other assets belonging to Ye Dongqing. They are very clean. All the information disclosed to the outside world can be matched with the industries he invested in, such as the lists of major shareholders of Apple and Amazon. , Tamsui Investment Group are at the forefront, and have been able to confirm that this is not a scam.
So after more than ten days of anxiety, the old man began to have other thoughts, mainly to withdraw other funds and invest them in him in exchange for an annual dividend of up to 11%, leaving only some The funds are enough to meet the investors. In this way, it is possible to pay off all the debts through the interest rate difference within five years. He has already calculated that as long as this business continues, it is possible to return to the peak of life before death.
Like a drowning man struggling desperately, Ye Dongqing is now the only life-saving straw in front of him.
For Ye Dongqing, this is a good thing that he hopes for. Due to financial problems, he has given up some investment opportunities that can bring long-term benefits. If he gets another large sum of money, it will be great, which means he can get more You can also invest in shares of good companies and some new companies. Compared with the possible benefits, the interest rate of about 10% a year is nothing.
The heartbeat is the heartbeat. As a businessman, it is instinct to strive for maximum benefits. You must know that a single point of fluctuation can involve tens of millions of dollars in wealth. If the timeline is extended, that is hundreds of millions of dollars.
He deliberately pretended to be embarrassed and told old Bernard: But my company already has enough money. We are currently laying off employees. We will lay off the entire Golden Island Financial Management Company that raised funds for me. If there is no target for investment, , means that I will pay you a large amount of interest in vain, which is not in my interest.
Just when the old man's heart sank, Ye Dongqing changed the topic and added: However, if the annual interest rate is 9%, I can consider accepting the money. Considering our relationship, the maximum increase can be Nine point five percent, this is already the limit I can bear. You also manage such a large amount of money yourself, so you should know how difficult it is to obtain stable returns. My company is different from those hedges and funds that are responsible for their own profits and losses. Companies are different.”
Cutting off 1.5 points at once, if calculated based on 5 billion US dollars, means that the expenditure will be reduced by 75 million US dollars in the first year. Since old Bernard took the initiative to come to talk about this matter, the initiative Right here on Ye Dongqing's side.
There is no need to feel bad for this old man, just like he doesn't feel bad for the investors who were deceived by him. Ye Dongqing has no relationship with him, so why should he help him in vain? The relationship between the two is limited to interests, nothing more. , if old Bernard does not agree with this plan, he will be overwhelmed by an increasingly heavy burden, which is why Ye Dongqing is determined to take him.
Old Bernard naturally knew how difficult it was to invest, otherwise he would not have embarked on this wrong path. The expected profits suddenly dropped a lot, which meant that while dealing with investors, his own profits would be reduced a lot. It is more troublesome to weigh the pros and cons, because if the performance is poor, investors will be unhappy. If the performance is good, he himself will not make money, and it will be difficult to make up for the shortfall.
The good news is that Tamsui Investment Group is still willing to take such a large sum of money and earn less, which is much better than continuing to play a Ponzi scheme...
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