Chapter 509: Goldman Sachs (I)

The SEC is the U.S. Securities and Exchange Commission, which is equivalent to the domestic Securities & Exchange Commission, but it is much more advanced than the domestic Securities & Regulatory Commission, at least in terms of combating financial market crimes, it is merciless to financial institutions that are not strong enough. The domestic securities and regulatory commission is a company, organization and individual that will be released as long as there is a relationship, and it is almost rare to be punished.

The SEC's inaction, or inaction, during the financial crisis was accused of incompetence by Congress and across the country, and their competence and credibility are questionable. It is also investigating the violations of large financial institutions such as Goldman Sachs, and the black information about Goldman Sachs in Zhou Shi's hand is just in use, and it was discovered in the case where the SEC commissioned Palantir to continue to investigate the flow of McCarthy's funds. As for how this information was submitted and not concealed, the stories in the middle are difficult to tell for a while. The final result was still very good, at least for Zhou Shi.

On this day, taking advantage of the release of information, Galaxy Capital frantically sold Goldman Sachs shares in its hands, coupled with the shorting of securities lending that began in April, Goldman Sachs' stock price fell directly from 185 to a minimum of $155 per share, and finally fell by more than 15%. stunned the melon-eating masses on Wall Street, you must know that when Galaxy Capital first started shorting, although they did not have much capital and investment in shorting, countless people on Wall Street were laughing at Zhou Shi's inadequacy.

"Da Mo asked when we would restart negotiations!" Gorman was also involved in some things, and admired Zhou Shi's foresight, no matter how Goldman Sachs attacked, Galaxy Capital remained unmoved. The fundamental reason for this is due to the rebirth of Zhou Shi, so that Galaxy Capital can earn huge profits without going through crooked ways, and there is no need to play side balls, which is simply incredible in the eyes of other financial institutions. Therefore, we can achieve the highest realm of the Jiuyang Sutra: he is strong by him, the breeze blows the hills, he is horizontal by him, and the bright moon shines on the river. Ignoring any attack by Goldman Sachs, using the Chinese Exclusion Act, various cooperation, and benefit transfer to seek support, divert Goldman Sachs' attention, and let the SEC issue a heavy blow that exceeded expectations. You know, when the SEC sued Goldman Sachs in the previous life, there was evidence that the client loss was only $1 billion. This time it tripled, and the scale of the evidenced Goldman Sachs client losses reached $3 billion.

"Let's talk to them about that!" Zhou Shi's interest was still not high

"Simon, there's no need, we're confident that this collaboration will ....." Gorman

"Lu He's background and I are the original sin, and we don't really have much choice in this matter," Zhou Shi said indifferently

"I believe that even if, even if we don't, we can still operate normally, and now that we have succeeded, it would be a shame to give it up, and we can use time to make up for the aftermath of this formation in other ways. "Gorman

"Why do you think we have so much public support? Zuckerberg and I promised to cooperate. He introduced Mr. Graham, the owner of the Washington Post, to me, and then ...... "Zhou Shi sighed in his heart that the world is difficult, and he is not omnipotent, how can he defeat a strong enemy without losing a single bit."

"Unfortunately, it has the potential to hit a market value of 100 billion dollars. "Gorman

"If you can't control it, at least you can profit from it. Although Zhou Shi said so, this is also a helpless choice, controlling a 100 billion dollar company and investing in such a company, and obtaining benefits are not at the same level.

Gorman left speechlessly, although he knew that such a choice might not be the best, at least it proved that Zhou Shi's courage was unmatched, and if anyone dared to target Zhou Shi in the future, he would also think about the consequences and whether he could bear the possible counterattack. You must know that at this time, Galaxy Capital basically does not have much foundation, and after a few years, it can be entrenched, but it is bound to not be as passive as it is now.

A few days later, the British and German financial authorities formally launched an enforcement investigation into Goldman Sachs, which suffered the worst crisis in its history due to its bad influence and client fraud during the European debt crisis. Goldman Sachs' newly stabilized Goldman Sachs stock price fell again, falling below $155 per share once again, after Torrey, a key figure in Goldman Sachs' fraud case, was revoked by U.K. regulators on charges of fraud.

The accusations against Zhou Shi and Galaxy Capital at home and abroad suddenly disappeared, and various rumors that went viral online and offline also began to disappear.

At this time, Goldman Sachs' chairman Frank Fan made an appointment to meet Zhou Shi, which is the key figure of Goldman Sachs' nirvana rebirth to glory, his growth history is a typical Goldman Sachs talent struggle history, from an ordinary child to the world's top investment bank president, such a figure is very smart, Buffett once praised him: "The work is very good, the mind is smart, is a first-class talent, firmly support Goldman Sachs, 100% support Blank Fan." Then invested in Goldman Sachs during the financial crisis.

"I've always wanted to see you sometime, but I didn't expect our first meeting to be at this time. "Belankvan

"I also admire your success, which is the motivation for many of us to struggle," Zhou Shi

"I'm glad you recognize me, but I'm curious about your development, can you tell me about your experience?"

"Of course, there is no problem, I don't know what you want to know?" Zhou Shi

"For example, the dispute between you and Lehman!"

"Well, when I first came into contact with Lehman Brothers, I had a lot of confidence in my company, and I thought it could become one of the best companies in the world. I need more than just investors' money, but I need help from other things, but maybe my arrogant attitude has had a certain effect on Lehman......"

"Are you still listening?" After talking for a long time, Zhou Shi saw that Billankefan had his eyes closed, and asked involuntarily.

"I'm sorry, I'm listening, I've listened very carefully, I can't think of anything better that can be done to add myself to the difficulties you are facing......" Frank Fan

"It's amazing when I think about it now, it's all like a coincidence, it's luck that got me here. "Zhou Shi

"It's not just luck, have you thought about the future direction of Galaxy Capital?"

"I've thought about it, and I've told them many times, that I want to find opportunities to surpass Goldman Sachs and Morgan Stanley in the fusion of East and West......," Zhou Shi said

"It's a great idea, you're going to succeed!" said Frank Van Belankvan

"Thank you for your encouragement and giving me more courage to persevere. "Zhou Shi

"Do you have any plans for your ideals?"

"There is nothing inconvenient, Galaxy Capital is preparing to cooperate with Citigroup and Da Mo to set up a securities company. "It's no secret that Zhou Shi didn't hide such a thing.

"Is there any direction for development other than this securities company?"

"The next thing is to develop East West Bank" Zhou Shi chatted with him about various topics, even if it was an enemy, he didn't hide too much, he said what he could say, and didn't say what he couldn't say or what was inconvenient to say.

Zhou Shi also began to ask about Blankefan's struggle, he went from a Las Vegas gambler to the top leader of Goldman Sachs in a very short period of time, and there is so much to learn from it. And the same subprime mortgage crisis, the same shorting, Goldman Sachs 07 net profit of more than 11.4 billion US dollars, the total employee bonus of 20.2 billion US dollars. He has so much to learn from Zhou Shi.