Chapter 558: The Wolf of Wall Street
I have to say, Padgio is really a man of guts, who would have thought that his successor would be the "Wolf of Wall Street", a super-liar who makes people look good?
The term 'The Wolf of Wall Street' comes from a book written by none other than Jordan Belfort, and it was later brought to the big screen and made into a movie of the same name, starring Xiao Lizi, which became popular.
Many people watch that movie and think it's hilarious, but what people don't know is that the story is real, and the prototype of the story is Jordan Belfort's own story.
His parents are both accountants, and he has had a great interest in making money since he was a child. At a very young age, he knew that he would knock on doors with a shovel after a heavy snowfall, ask if they needed to shovel snow and be paid twenty dollars, and by the age of sixteen he would go to Long Island to sell cold drinks.
After graduating from high school, he was admitted to the Baltimore Dental College to go to college, because he heard the dean at the opening ceremony say that "the heyday of dentistry is a thing of the past, if you want to make a lot of money, dispel this idea as soon as possible", this guy dropped out of school on the first day of school, abandoned his studies and went to society.
At the beginning, he sold lobsters to people, because of his eloquence, he became the best salesperson in the company, but he was not satisfied, but quit his job and opened his own company, selling meat. As a result, a year later, the company collapsed, and he was saddled with a huge amount of debt.
But he was not discouraged and set his sights on Wall Street. There, there are stockbrokers who are desperate to make a fortune, and for Belfort, selling stocks is no different from selling frozen meat, it's just selling things.
After more than half a year of hard work, he obtained a stockbroker license, but before he could show his strength, a month later, his old stock company collapsed.
As a last resort, he had to look for work again, and this time, he went to a 'penny stock' trading company, where he tapped into huge business opportunities.
The so-called 'penny stocks' are stocks under $1, well, junk stocks. This knowledgeable rich person will not buy junk stocks, Belfort is committed to conquering those people at the bottom, you know, selling 'penny stocks', there will be a 50% commission, and the commission for selling blue chips is less than 1%!
But under Stars and Stripes' law, it is illegal to sell 'penny shares' to vulnerable people, which is a financial fraud, but Belfort doesn't care. deceived countless electricians, postmen, drivers, etc., and not only paid off the debt, but also had a capital of 70,000 US dollars.
After understanding the operation method of this 'penny stock', he directly resigned and started anew, set up his own company, defrauded more people, and made more money.
But this only makes poor people's money, and the company obviously can't be bigger. And to change places with a shot and avoid being pursued by the police, Belfort changed his business philosophy and aimed at the wealthy 1% of the Stars and Stripes.
In '89, he incorporated Stratton-Oakman. The 'Kodak pyramid scheme' was used to deceive the rich class: first recommend blue chips that let the rich get profits, use them as bait, and then throw out junk stocks!
This method exploited the weakness of human nature, and Belfort went crazy to accumulate money, living in a luxury villa, driving a sports car, and owning his own private jet.
This unscrupulous way of accumulating money has aroused the vigilance of relevant departments. The Securities Commission of the Stars and Stripes sent experts to investigate, and when they saw the list of customers, the investigators had no choice but to return to nothing: because his customers were billionaires, and the laws of the Stars and Stripes only stipulated that junk shares were not allowed to be sold to the disadvantaged, and it was not illegal to sell them to the wealthy class!
In the end, the committee could only fine him $100,000 for trivial matters, which was just a drop in the bucket.
This incident made him even more lawless, and continued to make money like crazy, and even the investigators of the Securities Commission went to check the accounts, he was able to sit in the office without changing his face, directing the broker to raise the stock price, and creating a miracle of 12.5 million US dollars in three minutes!
He flouts the law and business ethics so much, but everyone is helpless against him.
Have you ever seen a boss who invited a bunch of beautiful women to run into the office and all the employees to cheer them up? That's how crazy Belfort was back then.
And Belfort's madness made FBI agent Coleman target, although Belfort acted very cautiously and Coleman did not obtain any evidence, but Coleman's insistence on chasing after him still made Belfort feel worried.
So Belfort took the initiative and tricked his second wife's aunt into opening an account in a Swiss bank, and then illegally remitted large sums of money into it. And it was this act that sent him to a dead end.
Because anti-money laundering is what Coleman is good at, he finally collected a series of evidence and arrested Belfort for good reasons, and overnight, Belfort became nothing, the company collapsed, hundreds of millions of family fortunes were recovered by ZHENGFU, and his wife divorced him, he became nothing, and was arrested.
However, because he actively cooperated, exposed some partners, and assisted the FBI in solving a number of fraud cases, he was also given a light sentence, and was finally sentenced to only four years, but was fined $110 million. And sent him to California prison.
There, he met Tommy Chung, a comedy star caught for drug trafficking, who loved his story and encouraged him to write about his experiences, and The Wolf of Wall Street was born.
The book topped the New York bestseller list and earned him $2 million in manuscript fees and $1 million in film adaptation rights.
After being released from prison, Belfort started sales training with his excellent eloquence, and now he is the world's hottest lecturer, with a fee of up to 150,000 US dollars per appearance!
I didn't expect Padgio to hire him as his successor?
Belfort is definitely a very capable man, but at the same time a man with a bad record.
Now it is his suggestion to use the fund assets to speculate on Prada stocks with the ALS turmoil, to be honest, if Xiao Peng had known that it was his suggestion, I am afraid he would not dare to let Padgio operate. After all, Belfort has too much black history.
But Xiao Peng also has to admit that if Belfort really spends its energy on the Prada Group, I am afraid that Prada will really make great strides in development. After all, Belfort is not a master of finding a creative path!
Xiao Peng wanted to remind Pagio of his worries, but then he thought about it, who is Pagio? A master in the shopping mall for decades, he can naturally think of what he can think of. Since he can choose Belfort, he must have his reasons!
As for Taylor, his appearance made Xiao Peng more entangled. His purpose is really simple: he just wants to know whether what Xiao Peng said can treat ALS is true or false!
Is this girl addicted to this fake fight?
But think about it, after all, this 'princeling' has made huge profits when exposing the 'Theranos' company (that is, Elizabeth Holmes's scam company), so to speak, if Taylor is considering entering politics, this incident will definitely give him a big plus!
At that time, Theranos was in full swing, and this guy went to work for Theranos for eight months through family connections. Eight months later, he felt that he had seen enough, and he sent Elizabeth an email complaining that the company had tampered with the research data and ignored the unsatisfactory quality inspection results.
But Elizabeth directly forwarded the email to the company's CEO, Paulvani, who directly damaged Taylor, and directly teased Taylor, saying that if he was not George Schultz's grandson, he would not have paid attention to him at all.
This angered Taylor, who confided in the Wall Street Journal anonymously and contacted the New York State Public Health Laboratory. Give honest feedback on Theranos' situation.
Theranos is no slouch either, directly accusing Taylor of leaking industry secrets and violating non-disclosure agreements. And hired private investigators to follow him, hoping to find several other informants who might have provided information to the Wall Street Journal.
For this, Taylor was a miserable person during that time, paying $400,000 for legal fees alone, and had to turn against his grandfather: his grandfather George Schultz on the board of Theranos, former Secretary of State Henry Kissinger, former Secretary of Defense William Perry, and former Senate Sam Nunn (know how awesome the company was at that time?γγγγγγ Otherwise, Taylor wouldn't have been able to join Theranos----- his grandfather was a member of the board of directors!
Got you into the company and you came to smash the field? His grandfather directly turned against him, and he didn't see him at all.
And Elizabeth Holmes showed super PR skills during that time. Go on TV shows to express your anger at being slandered'If you want to do something great, there will always be people who stand up and stop you, at first people will think you're crazy, then they'll rebel against you, but in the end, you're going to change the world. β
Then the young wealthy woman received a new round of financing of up to $630 millionγγγγγγ
Taylor, on the other hand, has become a real street rat, and everyone shouts and beats him.
When the Theranos scandal was finally exposed, the big guys on their board of directors were all disgraced, and the old man George Schultz was 96 years old!
The old man has been in politics all his life, and the most important thing is reputation. This is old, old, but he fell so big, is there any way to mix?
But as the saying goes, 'people, spirits, ghosts, and spirits'. The old man came up with a way to directly push Taylor, who was almost driven away by him, to the table: 'I am old and have made serious mistakes, but our Schultz family is an upright family, and we have Taylor who dares to fight'.
As a result, a new generation of representatives of the Schultz family appeared, and Taylor Schultz became the spokesperson of their family, and he obtained a lot of resources to enter the political arena after the 90s.
Is this going to use Xiao Peng as a stepping stone?