Chapter 320: Prison Disaster
With the presence of Joseph Hale, the number of people in the audience expanded to seven, including Citigroup, Merrill Lynch, KKR, as well as three hedge funds, a trust and investment company, led by a middle-aged white man from the KKR group.
The firm is one of the world's oldest private equity firms, with a total of 11 senior partners, mainly engaged in acquisitions and restructuring of businesses, most notably management buyouts, and manages more than $30 billion worth of investment assets.
Several partners of KKR Group paid attention to Ye Dongqing's industry by mistake, and felt that their own strength was not enough, so they asked Merrill Lynch and several other more powerful hedge funds and trust fund companies to help, and Joseph Hale was pulled over by an executive of Merrill Lynch, they needed to know some information, and hoped that Citi would not provide Ye Dongqing with more financial support.
Wall Street is made up of small circles, like wolves hunting cooperatively on the prairie, and it is difficult to gnaw hard bones on a single person, but it is different when someone helps.
At that time, the financial predator Soros pulled a group of people, successively conquered the United Kingdom, Mexico and Southeast Asian countries, and by the way, also harvested a wave from the bear cubs in the north, with the expansion of the dollar to the world, the scope of activities of these capital businessmen is also getting larger and larger, where it is profitable, they will appear there, by buying low and selling high, or directly short and other means to plunder wealth.
Washington has always turned a blind eye to this, and it doesn't matter if there are violations, because it is in the interests of the United States, and the meat is rotten in its own pot.
The external is more consistent, and the internal fighting is also fierce, and the starting point is still the word "interests", they can work together to attack countries with financial exchange rate problems, and they can also work together to try to carve up Ye Dongqing's wealth.
Frankly.
His low profile has no effect, or it has been effective until he was targeted, but recently he has been regarded as weak because of his low profile, he is too young, even if he may become a predator, he is still only a small crocodile cub half the size of the child, and they feel that they have discovered the weak belly of Freshwater Investment Group, that is, the debt is so high that it is staggeringly high.
What makes them even happier is that Freshwater Investment Group only gives investors interest, and the other returns brought by the investment have little to do with the investors.
It means that even if they make a move, if they don't let Ye Dongqing go bankrupt and lose the interests of investors, those investors will not take the liberty to help, which leaves an opportunity to take advantage of......
There is also a big difference between the super-rich and the super-rich.
Some people do not have much capital, have extremely high corporate debts, and their wealth is mainly concentrated in paper wealth, while some super-rich people control an entire country and have a lot of resources, cash, national debts and other stable assets, such as the royal family of Brunei, the royal family of the United Arab Emirates, the heads of some dictatorships, etc., all belong to the latter situation.
As long as there is no war, the latter is relatively safe, but Ye Dongqing is different, more than 95% of his wealth is some book wealth, and he still has extremely high debts.
Mr. Bernard Madoff Sr. has been on Wall Street for so many years, and has gradually figured out something, since Ye Dongqing appeared to be targeted, this old man began to have trouble sleeping, and after thinking about it, he finally took a sum of money and went to Russia for a "vacation" in the name of inspecting the market, leaving his wife and children at home.
On June 2, when a heavyweight prosecutor in New York came to the door with a search warrant, he naturally did not see Bernard Madoff Sr., but only closed his company, and brought back the employees, computers, and paper materials working in it to investigate, as well as Mark Madoff and his family.
Ye Dongqing received the news as soon as possible.
Bernard Madoff Sr. personally called, and after telling the general story, his voice trembled slightly: "Leo, you can't leave me alone this time, I will definitely go to prison, there is nothing left! My group of investors will soon receive the news, and the deficit will be exposed!"
God, this time it was someone who wanted to target you, and I was implicated...... I know that you are a good person with a very sense of justice, so you must give me a hand! You have seen the cooperation over this period of time, and I have not done anything to be sorry for you!"
Such a bad situation, but Ye Dongqing wanted to laugh a little after hearing the old man's words, thinking that he was worthy of being an old fox, and he could seize the opportunity to sneak to Russia, which has no extradition treaty with the United States, and this premonition alone was enough to make him admire.
I guessed the possibility of self-directing and self-acting, but it was quickly rejected, and the news of the Ponzi scheme was exposed, which was absolutely harmful to Old Bernard, and his reputation and status disappeared in an instant, and he even had to face prison.
The potential opponent is poor and poor, which makes Ye Dongqing feel a little more at ease, fortunately he didn't invest all of it, fortunately he has made some money recently, judging from the current flow of funds, even if there is a run on the tide, most of the consequences are acceptable, it is nothing more than disrupting the plan, and there is a chance to turn the tables, so that his vitality will not be greatly damaged, and he will not be able to touch his core interests, that is, those companies and shares.
"I understand, sir, I would be happy to help you, after all, helping you is also helping me, but you will only cause greater suspicion in Russia, so it is better to come back first.
Now I need you to call all the investors and tell them to come to New York and keep your mouth shut, including your son and wife, and as long as it doesn't involve me because of the Ponzi scheme, I can help you out of the problem, understand?"
Ye Dongqing calmly comforted the old Jew, the only thing that old Bernard could count on now was Ye Dongqing, and he was silent for a long time before replying: "I will book the earliest flight back, we won't say, whoever asks is just a normal investment, it definitely has nothing to do with you, I'll call them later, my phone is about to burst, one after another, my God......"
Knowing that he asked his investors to go to him, Bernard Sr. was a little relieved, because this was not like a way to prepare to stay out of the matter, and he was now completely panicked.
It can be expected that tomorrow's financial headlines will be quite exciting, so Ye Dongqing is ready to contact those people to control the situation within an acceptable range, the word "Ponzi scheme" is very lethal to investors, God knows what kind of words they will say to the media in order to recover the money, making a big fuss will only make the gang behind the scenes succeed, and well-informed investors have called Ye Dongqing one after another to ask him what happened.
Mr. McCord arrived in a hurry, with a layer of sweat on his head, and rushed into the office in a panicked tone: "Do you know that something happened to Bernard Madoff!?"
......