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Chapter 185: Inventory of the Harvest of the Asian Financial Crisis

May 21.

Wall Street, New York, Dafeng Capital Investment Company.

Today, Henry Jugenberg, head of Dafeng Capital Investment Company, and several important backbones of the team, will give a comprehensive official report to Zhu Ke, chairman of Dafeng Capital Investment Company, on all the accounting situations of the Asian financial crisis from the end of December to mid-May.

In fact, it’s not just Dafeng Capital that is doing a final inventory!

Major investment companies on Wall Street also ended in May. Of course, they do not deny that it is the reason why Asian countries and regions have survived the financial crisis; there is another reason, that is, the fourth rule of the seven major laws of Wall Street - the monthly clearance and exit rule.

"Let's get started."

With Zhuke's order, everyone in the conference room looked serious.

Henry Jugenberg stood up, turned his back to the projector, and said loudly: "Boss, everyone. Since December 29, 1997, as of May 16, we used the 55 million US dollars of funds left by the company to fight against the Japanese foreign exchange market for the second time, and then followed a group of international speculators to return to the financial markets of Southeast Asian countries and regions, and squeeze wealth again and again."

"At present, this part has generated $270 million in profits!"

The words fell.

Everyone present, including Zhu Kegu, applauded warmly.

Although this profit of US$270 million is far less than that of the first and second phases of the financial crisis, it is already quite remarkable to make this money in the treacherous "post-Asian financial crisis".

After all, during the entire financial crisis, the majority of profits were mainly concentrated in the early stage, mid-stage, and later stages, as Asian countries and regions adjusted their financial industry policies, there was not much left.

Of course Zhuke is very proud!

You know, the principal of $55 million is entirely owned by Zhuke's personal investment.

Well, even if we have to deduct a portion of it to Henry and the specific operators now, the remaining funds are still more than $220 million.

Therefore, Zhuke's overseas personal account will undoubtedly add another wealth.

"Henry, let's talk about the external investors we absorb, well, including the returns of external investors' funds." Zhuke said with a smile again.

"Okay, boss!"

Henry Jugenberg responded and then extracted another document from the information in front of him.

"Boss, everyone. As of the 16th of this month, we have attracted a total of 8,812 external investors, totaling US$610 million."

"After many consecutive days and months of operation, the funds have now been converted to US$740 million."

"The profit ratio of half an year is 0.21%!"

"So, although our total operating capital is nothing among the major investment companies on Wall Street, our profit ratio in the past six months is more than 84% of investment companies. Well, this is because of the financial crisis that the wealth of major investment banks has skyrocketed, otherwise our profit ratio will definitely exceed 91% of companies."

After the words came to an end, everyone was excited again.

Zhu Ke was also very pleased.

I never expected that I would make so much money by sucking external investors.

A normal and reasonable financial investment company is to absorb funds from external investors and use this part of the money to invest in gold, stock market, foreign exchange, silver, crude oil, bonds, etc., so as to earn price difference and service fees.

"Wall Street Investment Company, don't invest in your own money!"

——The Third Rule of Wall Street.

Zhuke's previous investment behavior in the foreign exchange market is strictly speaking not a normal operation of a qualified financial investment company.

After all, that was Zhuke's own money!

"Henry, what is the minimum return we promise to the outside world at present?" Zucker asked.

"8.5%. The first phase of the profit is 8.5%, and the first phase is 3 years." Henry responded.

Damn it!

Not to mention it, after counting it, Zhu Ke found that this was a very profitable act!

After a moment of thinking, Zhuke said again: "According to you, the average investor we are currently sucking is only 69,000 US dollars? No! This threshold is too low, so we need to raise it!"

Henry nodded and pointed to another executive in the company.

——Anti Chenop.

Ante Chenop, who is also a senior practitioner on Wall Street, stood up and replied: "Boss, in fact, Mr. Jugenberg and I are already considering the entry threshold."

"oh?"

Zhu Ke became interested for a moment.

"Boss, after a month of data collection and half a month of discussion, we have drafted an initiative on the amount of entry threshold."

A temporary proposal was presented to Zhuke very naturally.

$100,000!

That’s right, the amount of funds entry threshold has been increased to US$100,000!

In other words, if you don’t have more than $100,000, Dafeng Capital Investment Company will not accept it.

Is the store bullying customers?

In fact, the entry threshold for Dafeng Capital's $100,000 is completely a younger brother compared to large investment banks.

The standard for large investment banks is basically starting from millions of dollars.

At the same time, in this proposal, Zucker saw that the maximum number of investors per issue is 20,000. This is to ensure that while achieving high returns, the minimum profit ratio can be ensured.

If the plate is bigger, it will be more than your own ability to bear, and it will easily lead to problems.

For example - Madoff scam!

Bernard Madoff, former chairman of Nasdaq, the largest financial fraud maker in American history, operated a "Ponzi scheme" fraud amount of more than $60 billion. In June 2009, Madoff was sentenced to 150 years in prison for the fraud case in New York.

He is just a very greedy guy!

He promised high returns to foreign investors, attracting a large number of wealthy people to invest in his foundation.

You said, what should I do if I don’t make money?

rob Peter to pay Paul!

In fact, Bernard Madoff's foundation was unable to achieve the profit ratio he promised, so he could only lie and fake it, absorb the funds of new investors, and make up for the profits of old investors.

Paper can’t cover the fire!

In the end, he had to end up miserably!

Part of his failure is because everyone is willing to refuse, and the plate is too big!

.........

After the meeting.

Zhuke and Henry had a long talk on the partnership system of Dafeng Capital and the company's share allocation.

That's right!

Zhuke wants to take out 35% of the shares of Dafeng Capital and distribute them to Henry and his team. He will transform from Dafeng Capital, who is solely owned by Zhuke, into a normal financial partner investment company on Wall Street!

Will Zhuke?

Only "will"!

To put it bluntly, financial investment companies mainly look at the ability of talents!

If you don’t give them shares in the company and make them partners, they will definitely take the company’s resources and personal resources the next day and switch to other companies, without any moral integrity and loyalty.

Don’t doubt this kind of thing happens on Wall Street every day!

Soros' Quantum Fund and Merrill Lynch's large Wall Street investment banks have a partnership system!
Chapter completed!
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