Chapter 1510 Wall Street Shock 4

Regarding taking over Lehman Brothers, Stoffenberg-Lehman really regretted it at this time. Especially when I saw several founders of Microsoft the day before yesterday, after the Nasdaq rang the bell, I didn't know what to say. Although I have lived a life of rich clothes and good food since I was a child, I always feel that the situation at home is very good.

But when I actually took over the company, I realized that this was not the case at all. Lehman Brothers at this moment, not to mention terminally ill, but not so far. The employees of the company are very confused and often invest blindly; resulting in a very low return on investment, and even frequent loss-making projects. That is to say, accountants are more powerful, and they can just balance the accounts; but how long can this kind of operation last!

In fact, this kid also had a dream since he was a child, that is to leave the family and start a new business like an ordinary person. But the reality does not give him this opportunity at all. He became the CEO of the five major investment banks on Wall Street before he was 30 years old; it can be said that they are unique in history. It looks very beautiful, with a high position and weight.

However, the media reports are more reflected in his appearance and family background; as for his own ability, it seems that he has never been recognized.

After all, before becoming the CEO of Lehman Brothers, Stoffenberg-Lehman really did not have any dazzling achievements. The only position held may still be during school. However, the grades during school do not mean anything at all; even in the eyes of Wall Street people, they are almost like playing house.

Such a person suddenly became the executive director of a company with tens of thousands of people, which is really hard to accept and understand. In fact, members of the Lehman family are certainly not stupid, they just pushed Stoffenberg to the front. The main decision-making still needs them to control; this is also to prevent problems before they happen.

After all, young people are prone to impulsiveness. If things do not work out of their minds; if things do not end well, the company will lose. This is why Stoffenberg envies Bill Gates and others.

In the company I founded, any decision I want to make can be implemented in the first place. But looking back at him, he looked at the high position and weight; but the order might not even be able to get out of the president's office. What's the point of doing such a CEO.

Fortunately, recently, his family has not been so strict with him. After all, in the case of Lehman Brothers, it doesn't matter who it is.

He had thought about putting all his eggs in one basket before and invested in Japan in the past. Stoffenberg is good at knowing how much he weighs. Since the ability is not particularly outstanding, then learn from the strong. Blackstone Fund can step on the spot every time, isn't it enough to explain the problem!

Bao Zixuan basically gave up the American market, and all the people entered Japan; it must be very optimistic about the development of the Japanese economy, at least there is room for investment. Otherwise, with the other party's shrewdness, they would never do anything thankless. Lehman Brothers can definitely follow up. Even if people eat meat, he can also drink soup.

But 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 try. That is, the return on investment of US$500 million has now exceeded 1.5 billion, but in less than two years, the assets have doubled. This strengthened his determination to work with Bao Zixuan, but the Japanese market was too crazy; even Wall Street capital did not dare to enter the market blindly.

At this moment, I finally have the opportunity to cooperate with Baozixuan. It can be said that the money is sent to my hands by God.

Stoffenberg-Lehmann convinced family members yesterday and couldn't wait to hold a board meeting today. In fact, it cannot be called persuading family members, because everyone is optimistic about this project. Even if he doesn't introduce it, he will be reminded. After all, the Fujairah stock trading market has caused a sensation on Wall Street; it is estimated that no investment bank or fund can remain indifferent.

Stoffenberg-Lehman sat on the CEO seat and took the lead in saying: "Everyone should already know the content of the conversation between Heiyun Group Baozixuan and Goldman Sachs President Bruce Powers. I won't repeat it here. If you don't I know; then it just means you're not the right fit for Wall Street."

After getting the parent's authorization, the boy's tone of voice was a little different. Not to say very arrogant, but definitely considered domineering.

In fact, this is also very normal. I have been suppressed for so long before, and today I finally feel a little turned around; of course, I have to show my domineering side. The family members still think that they are too young, and the delegation of power this time may not be the case next time. Then you have to prove your ability on the board of directors, as long as all the directors support him; even if the family wants to object, it is useless.

Investment in Japan has already shown the directors his ability and vision. Now it is the turn of other places, and the Fujairah stock exchange market is the best opportunity.

Seeing that everyone was silent, Stoffenberg-Lehman continued: "Everyone is very clear about the current situation of Lehman Brothers. We all understand the problems. We want to get the company back on track and let the investment Those who continue to believe in us; must show enough sincerity, or a project that everyone recognizes."

"The Fujairah stock exchange market is a very good project. Many oil companies in Middle Eastern countries lack funds for development. We can provide them with these funds. Maybe they didn't believe us before. Once these companies are in Fujairah Listing. Then it is equivalent to opening up financing channels; when you want to invest in something, it will become very easy.”

"Besides, Bao Zixuan is very ambitious. The stock exchange market he established will not be small. If it is too small, it will go against his original intention. Although this is a threat to the U.S. stock market, the whole world is developing. It is inevitable. Not only Fujairah, but any stock market in the world will become a competitor of the U.S. stock market.”

"But for our investment bank, it is a great thing. Only by entering more stock trading markets, we will have more choices. Moreover, the Fujairah stock trading market is still in its infancy, and there will be opportunities in the future. Endless possibilities."

"Goldman Sachs can enter, and we must participate. This is the most important work of the company at present, and everyone must cooperate unconditionally. At the same time, the family also means this. I hope that everyone can unite to make Lehman better."

The family has already agreed, so the other directors naturally dare not say anything more.

The first four investment banks have already taken action, and Bear Stearns, one of the top five, will certainly not miss it.

Bear Stearns; founded in 1923, headquartered in New York, the fifth largest investment bank on Wall Street in the United States. 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 custody services. It also provides financing, securities lending, settlement services, and technology solutions to hedge funds, brokers, and investment advisors.

Although the comprehensive strength is not as good as the previous ones, being able to survive the Great Depression is enough to show that the strength is not bad.

Mike - Stern - Bell, a Bear Stearns heir who is absolutely rooted. This kid has a very special status, even when he was in power; no one in the company dared to question, or have any objections.

The founders of Bear Stearns are Joseph Bell and Robert Stern; and Mike Stern Bell, the name seems to be related to both of them; it is indeed the case.

He is the grandson of Joseph Bell ~lightnovelpub.net~ and the grandson of Robert Stern. With such an identity, it seems that Bear Stearns should be inherited by nature; there is no one in the two families who is more suitable than this kid.

He has been trained as a successor since he was a child, and he is eligible to sit 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 Baozixuan, throw out a big cake, and then ignore it. It is said that he went to MIT to meet old friends .”

"But we are not qualified to ignore it, at least let customers see the professionalism of Bear Stearns. I hope that all colleagues can work together to come up with a solution that satisfies customers."

"I will contact Goldman Sachs later. Even Goldman Sachs can't handle such a huge project. It definitely needs other investment banks to work together. This is our opportunity."

It can be said that Mike Stern-Bell is absolutely calm enough to at least know where Bear Stern's strengths and weaknesses lie. There are certain projects that absolutely cannot be eaten alone; and with the strength of Bear Stearns, it cannot be swallowed.

At this moment, Bao Zixuan has mobilized the entire Wall Street; proving that the goal has been achieved. Next, we will see which plan is better and more beneficial to Fujairah.

(end of this chapter)