Wall Street Legend

Chapter 321 Divide the Cake

Mark Madoff is right, in the capital market, it is a great sin to go it alone.

The group of people discovered that Ye Dongqing's company was getting better and better, but they had no intention of bringing in external funds and helping others to share the profits, so they decisively attacked and forced him. Until now, it has been a dirty trick without any blood. If there is another next step and no part of the cake is divided, it is hard to say what the outcome will be.

People often say that classes have solidified, and this is also true in the business field. The forces that have developed earlier have strong capital and connections, and they can bully newcomers at every turn. It is no big deal. Whether they use money to throw money or use dirty tricks, they will always find ways to make things worse. Develop in the direction they want and be proud of it, as long as they make money, no matter what their reputation is.

To put it bluntly, when did Wall Street ever have a good reputation? A group of jackals who believe in profit first are trying to carve up Ye Dongqing's industry.

Of course, it's only part of it. The methods can be used to get around the edges, but they can't go out of bounds. The situation is a bit tricky, but it's not the worst, otherwise Ye Dongqing wouldn't have the time to play golf here.

Compared with the emerging Internet industry, it is even less likely that large-scale sole proprietorships will exist in traditional industries. Business in those fields is more difficult to do because others can do it and may do it better. The profits are visible and competition bigger.

The Internet market is different. Facebook has only been in development for a year and a half. Its current valuation has exceeded 10 billion US dollars. When it first developed, no one paid attention to it. By the time it started to attract attention, its market value had already skyrocketed. They thought it could still rise. They did not hesitate to join forces to bully Ye Dongqing, the little guy. Their original intention was to catch a ride and let him lead everyone to make money and benefit from it.

This is considered to be merciful, at least judging from the performance, it is indeed the case, but this also has something to do with Ye Dongqing's own caution. The company has developed to the present, except for being forced to use some tricks at the beginning, but it has followed the rules and laws. , leaving no clues.

I can predict that the next step is to break the contract and withdraw capital. They used the SEC investigation to tarnish my company's reputation in order to make my investors doubtful. Maybe some of those investors were also betrayed by them. They are instigated and want to join forces to deal with me.

Sitting on the golf cart, Ye Dongqing wiped the club he would use next with a cloth, turned to stare at Mark Madoff and asked, Could it be that they chose your father and gave him an offer that was hard to refuse? Quotation?

This is testing.

There is no airtight wall in the world. There is no guarantee that the Ponzi scheme played by Bernard Madoff Sr. will not be noticed by other interested parties. In addition to the funds raised and invested by the Madoff family, the largest investment was only eighteen billion US dollars, if three to four billion US dollars were withdrawn, it would definitely not cause any damage to Tamsui Investment Group.

And if Bernard Madoff Sr. also joins in and siphons off funds for the benefit that others promised him, that would be more than eight billion U.S. dollars! Ye Dongqing can't collapse, but he will fall into a dire situation, and someone will inevitably take advantage of him.

If Mark Madoff hadn't taken the initiative to come to the door today, Ye Dongqing would have contacted his father. As long as such a large amount of money is not moved, it will not cause a chain of divestments. The human heart is the last thing to withstand testing, and shopping malls are like battlefields.

Mark's eyes met Ye Dongqing's, without showing any strange emotions, and said with a smile: How is this possible? The contract signed at that time had a financing period, and if it was less than two years, the liquidated damages would be as high as 15% of the total amount. No one He would come to tempt us with such a large sum of money. My father is a smart man. He and I both know that only by cooperating with you can we restore the glory of the family.

As if he was loyal, Ye Dongqing had no idea about the so-called 15% liquidated damages. The company is so big and there are many things going on every day. How could he possibly know everything? Mr. McCord is personally responsible for this matter. , the law firm’s team also reviewed it and didn’t pay attention to the breach of contract clause at all.

With more than two billion US dollars in liquidated damages, plus the loss in interest, I felt that it was impossible to invest so much money to seduce old Bernard before making money, so I felt a little relieved.

However, the things that Bernard Madoff Sr. did, the Ponzi scheme, were also a threat to him. It was useless to tell Mark at this time. He hid his uneasiness alone...

The wages of avarice is death.

There is also competition within large companies, such as Citibank. Different managers are responsible for different things. If a senior executive does a good job, they can get a commission from the board of directors. If a competitor does a good job, the commission will not go to unrelated departments.

Joseph Hale, the head of Citibank's investment banking department, got out of the car and entered a villa. He kept his head down and was cautious the whole time.

There is money in Tamsui Investment Group from Citibank, but it was invested by the margin trading department and has little to do with Joseph Hale. Recently, someone came to him and said that there was a big deal to discuss. He probably figured out what needed to be done. After what happened, he rushed over in person, not trusting other people. The fewer people who knew about this kind of thing, the better.

In the global financial market, there are countless hidden rules and countless secret transactions. Nowadays, no fool suddenly rushes into a certain stock, makes a fortune in a short period of time and then quickly withdraws. Although the Federal Securities and Exchange Commission is weak, it can They are not vegetarians. No one wants their name to appear in the hands of prosecutors. They will extend the timeline and wait for half a year or one or two years to create insiders by themselves and make a fortune through short or long positions. It is difficult to detect, making traders and financial bosses more patient.

The inside story has always been there, but unlike some emerging markets that often make jokes, they are so unscrupulous that they regard others as fools. For money, many people are willing to take risks.

In the past, it was very, very good to earn tens or hundreds of millions of dollars from a small job. If I hadn't heard about an opportunity worth tens of billions of dollars, how would a man of Joseph Hale's status show up in person? To a certain extent, he even entered the core of Huaqi Bank, but he was still a high-level wage earner.

Compared with this group of gold-collar workers who are involved in the financial market, Ye Dongqing is simply too clean. If it weren't for the little secret in his mind, he would have been killed by these people long ago. Look at the two founders of Google, master He has the right to speak. After the listing, most of the shares will be taken away by others, but he himself solved the financial problem through financing first, without being controlled by others.

After entering the house, he saw several acquaintances. Joseph Hale had a meaningful smile on his face and said, Is there anyone else? I want to know what kind of business can make you so united...

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