Reborn in Hong Kong: The Tycoon Grows Up
Chapter 1509 Wall Street Shock 4
Regarding taking over Lehman Brothers, Stouffenberg-Lehman really regretted it at this time. Especially when I saw the founders of Microsoft ringing the Nasdaq bell the day before yesterday, I didn’t know what to say. Although I have lived a life of fine clothing and fine food since I was a child, I have always felt that the situation at home is very good.
But when I actually took over the company, I discovered that that was not the case at all. At this moment, Lehman Brothers is not terminally ill, but it is not even close to that. Company employees are very confused and often invest blindly; resulting in very low return on investment and even frequent loss-making projects. That is to say, accountants are relatively good and can just balance the accounts; but how long can this kind of operation last?
In fact, this kid has had a dream since he was a child, which is to break away from the family and start a new business like an ordinary person. However, reality did not give him this opportunity at all. He became the CEO of the five major investment banks on Wall Street before the age of 30; it can be said that this is a unique existence in history. It looks very beautiful and holds a high position of authority.
However, media reports are more focused on his appearance and family background; as for his own abilities, it seems that he has never been recognized.
After all, before becoming CEO of Lehman Brothers, Stouffenberg-Lehman really had no dazzling achievements. The only position I held was probably while I was in school. However, your grades in school mean nothing at all; even in the eyes of Wall Street people, they are almost the same as playing house.
It is really hard for people to accept and understand that such a person suddenly becomes the executive director of a company with tens of thousands of people. In fact, the Lehman family members were certainly not stupid, they just pushed Stouffenberg to the front. They still need to control major decisions; this is also to prevent problems before they happen.
After all, young people are prone to impulsivity, and if something happens out of their minds, the company will suffer losses if something does not end well. This is why Stouffenberg envies Bill Gates and others.
In the company you founded, any decision you want to make can be implemented immediately. But looking back at him, he seems to be in a high and powerful position; but the order may not even leave the president's office. What's the point of such a CEO?
Fortunately, in recent times, his family has not been so strict in controlling him. After all, with the situation of Lehman Brothers, it would have been the same for anyone.
He had thought about making a desperate move and investing in Japan before. One good thing about Stouffenberg is that he knows how much he weighs. Since your ability is not particularly outstanding, then learn from the strong. Blackstone Fund can hit the mark every time. Isn’t that enough to explain the problem?
Bao Zixuan basically gave up on the US market and entered Japan; he must be very optimistic about Japan's economic development and at least there is room for investment. Otherwise, given the other party's level of savvy, he would never do something thankless. Lehman Brothers can definitely follow suit. Even if someone eats meat, he can still drink soup.
However, the family did not fully agree in the end. Fortunately, in order to take care of the young man's emotions, he was allowed to use 500 million US dollars to give it a try. The investment return of this 500 million US dollars has now exceeded 1.5 billion, but in less than two years, the assets have tripled. This further strengthened Bao Zixuan's determination to work together, but the Japanese market was too crazy; even Wall Street capital did not dare to blindly enter the market.
Now I finally have the opportunity to cooperate with Bao Zixuan. It can be said that God has sent money to my hands.
Stouffenberg-Lehmann convinced family members yesterday and couldn't wait to convene the board of directors today. In fact, it can’t be called convincing family members, because everyone is optimistic about this project. Even if he doesn't introduce it, he will be reminded. After all, the Fucaira stock trading market has caused a sensation on Wall Street; it is estimated that no investment bank or fund can remain indifferent.
Sitting in the CEO position, Stolfenberg Lehman took the lead and said: "Everyone should already know the content of the conversation between Bao Zixuan of Black Cloud Group and Bruce Bowles, President of Goldman Sachs. I will not repeat it here. If not I know; that only means you are not suitable for Wall Street."
After getting the authorization from his parents, the kid's tone of voice was a little different. Not to say extremely arrogant, but definitely domineering.
In fact, this is normal. I have been suppressed for so long, and today I finally feel like I am turning over. Of course, I have to show my domineering side. Family members still believe that they are too young and that if they delegate power this time, they may not do so next time. Then he has to prove his ability on the board of directors. As long as all directors support him; even if the family wants to oppose it, it will be useless.
Japan Investment has allowed directors to see his ability and vision. Now it is the turn of other places, and the Fucaira Stock Exchange Market is the best opportunity.
Seeing that everyone was silent, Stouffenberg-Lehman continued: "Everyone is very clear about the current situation of Lehman Brothers. We all understand the problems that exist. We want to get the company back on track and let investment Investors must continue to believe in us; it must be sincere enough, or it must be a project that everyone recognizes.”
"The Fucairah Stock Exchange Market is a very good project. Many oil companies in the Middle East countries lack funds for development. We can provide them with these funds. Maybe they didn't believe us before. Once these companies are in Fucairah Listing. Then it is equivalent to opening up financing channels; when the time comes, it will be very easy to invest in whatever you want."
"Furthermore, Bao Zixuan is very ambitious. The scale of the stock trading market he established will not be small. If it is too small, it will violate its original intention. Although this is a threat to the U.S. stock market, the entire world is developing. This kind of It is inevitable. Not only Fucaira, but any regional stock exchange market in the world will become a competitor of the U.S. stock market."
"But this is a great thing for our investment bank. Only by entering more stock trading markets will we have more choices. Moreover, the Fucaira stock trading market is still in its infancy, but there are many opportunities in the future. Endless possibilities."
"Goldman Sachs can enter, and we must participate. This is the most important task of the company at present, and everyone must cooperate unconditionally. At the same time, the family also means this, and I hope you can unite to make Lehman better."
Since the family has agreed, other directors naturally dare not say anything more.
The top four investment banks have already taken action, and Bear Stearns, one of the five largest investment banks, will certainly not miss it.
Bear Stearns; founded in 1923, headquartered in New York, is the fifth largest investment bank on Wall Street in the United States. It is a leading global financial services company, serving governments, businesses, institutions and individuals around the world. The company's business covers corporate finance and mergers and acquisitions, sales and trading of institutional equities and fixed income products, securities research, private client services, derivatives, foreign exchange and futures sales and trading, asset management and custodial services. It also provides financing, securities lending, settlement services and technology solutions to hedge funds, brokers and investment advisors.
Although the overall strength is not as good as the previous ones, the fact that it has come through the Great Depression is enough in itself to show that it has good strength.
Mike Stern Bell, an absolutely up-and-coming Bear Stearns heir. This kid's identity is very special. Even when he was in power, no one in the company dared to question or voice any objections.
The founders of Bear Stearns were Joseph Bell and Robert Stern; and Mike Stern Bell, the name seems to be related to both of them; and it is indeed the case.
He is the grandson of Joseph Bell and the grandson of Robert Stern. With this status, it seems that he was born to inherit Bear Stearns; no one in the family is more suitable than this boy.
He has been trained as a successor since he was a child. He is qualified to sit in on the board of directors at the age of 12, which is rare in the world.
At this time, Mike Stern Bell looked at the directors of the company and said very formally: "Heiyun Group Bao Zixuan, throw out a big cake, and then ignore it. I heard that I went to MIT to meet old friends. .”
"But we are not qualified to ignore it, at least let customers see Bear Stearns' professionalism. I hope all colleagues can work together to come up with a solution that satisfies customers."
"I will contact Goldman Sachs later. For such a huge project, even Goldman Sachs cannot handle it. It will definitely require other investment banks to come together. This is our opportunity."
It can be said that Mike Stern Bell is definitely calm enough, and at least he knows what Bear Stearns' strengths and weaknesses are. There are some projects that you absolutely cannot eat alone; and with Bear Stearns’ strength, you can’t swallow them all.
At this moment, Bao Zixuan has mobilized the entire Wall Street; proving that the goal has been achieved. The next step is to see which plan is better and more beneficial to Fucaira.
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