Chapter 777 - Get John Weinberg

Indeed, no one expected that Goldman Sachs' partnership reform would go so smoothly, and that it would cause an uproar on Wall Street and the global financial community.

No one could have imagined that Goldman Sachs would so easily abandon its partnership tradition and transform into a corporate enterprise, just like the other three major investment banks. You must know that the partnership system is a tradition that Goldman Sachs has always relegated, and the Goldman Sachs Partner Honor Ceremony is one of the most eye-catching events on Wall Street and even in the global financial community.

However, from now on, the partner award ceremony will be a thing of the past, drowned in the dust of history, and Goldman Sachs will also enter a new era!

After the decision to abandon the partnership system, Goldman Sachs' reform proceeded quite rapidly, and under the covert impetus of some people with ulterior motives, Goldman Sachs vigorously began to reform into a joint-stock company.

Although Goldman Sachs was originally a partnership company, the division of Goldman Sachs' shares is quite clear, so there is no lawsuit at all on the division of interests. For Wall Street, a group of "financial vampires" who regard money as their fate, it must have been clearly divided in matters such as shares, and there is no such thing as anyone secretly taking more.

Again, whoever should be is who's who's, and it's useless to rob it if it's not anyone.

John Weinberg, the top leader of Goldman Sachs, is also the "second generation of Goldman Sachs" - his father Sydney Weinberg used to be a big man at Goldman Sachs, so he is the largest shareholder of Goldman Sachs. Yes, John Weinberg owns nearly 20% of the shares of Goldman Sachs, which has become a joint-stock company, and is the largest shareholder. You must know that Goldman Sachs, which has 189 partners, is extremely poor in terms of equity distribution, and some people even only hold a few tenths of a percent of the shares.

Therefore, if Su Chenyu and X Fund want to completely deal with Goldman Sachs, then John Weinberg is definitely a big obstacle that cannot be avoided!

However, it doesn't matter, Su Chenyu didn't expect to avoid John Weinberg, besides, he is still very confident in solving John Weinberg. However, before settling John Weinberg, Su Chenyu had to clean up Goldman Sachs' other shares, so that he would have the capital to negotiate with John Weinberg.

In order to acquire Goldman Sachs, this time the X fund is definitely at a huge cost, although the valuation of Goldman Sachs is not worth 5 billion at all, but the X fund still buys Goldman Sachs' shares at 3 times the value of $5 billion. In other words, even if Goldman Sachs is now losing like a stupid dog, Fund X still values him at $15 billion - this is definitely a big deal and a lot of courage.

In the face of such favorable acquisition conditions, it is no wonder that Goldman Sachs' partners, well, should now tell the shareholders not to be attacked. Therefore, it didn't take much effort at all, and Fund X had already acquired 47% of Goldman Sachs' shares, and this number was still growing, so controlling it was simply an easy matter.

However, again, if you want to get Goldman Sachs, you must take down the "roadblock" of John Weinberg.

You must know that the Goldman Sachs shares acquired by Fund X are basically from the "allies" and neutral partners of the Goldman Sachs Asset Management Committee, and there are a handful of sworn friends around John Weinberg. Among them, White Haiter is John Weinberg's biggest ally, and he holds a 5.3% stake in Goldman Sachs. So, in total, John Weinberg can influence about 30% of the equity, and as for the other 70%, in addition to about 10% of the neutral shareholders, the remaining 60% is basically in the pocket of Fund X.

In order to win Goldman Sachs, Su Chenyu can be regarded as fighting, so this time he directly went into battle to do work for John Weinberg!

Flying directly from San Diego to New York, Su Chenyu met the famous "Goldman Sachs" in the financial industry - John Weinberg at the headquarters of Goldman Sachs. This is definitely a real bigwig, so to speak, it is precisely because of the drastic reforms of John Weinberg and White Head that Goldman Sachs has the status of today's big four investment banks. Otherwise, Goldman Sachs would have been swallowed up by the tide of history like those small investment banks and became a victim of the wheel of history.

Looking at the investment banking boss in front of him, he seemed to feel that there was nothing awesome, but the light that flashed in his eyes from time to time showed that this person was not simple. For this kind of financial bigwig and old fox in the business world, Su Chenyu is not ready to play any tricks with him, just go straight to the point and go straight to the point.

"Mr. Weinberg, I believe I don't need to say anything more about it. Su Chenyu directly smiled and pointed out his identity: "I am the behind-the-scenes controller of Fund X - Su Chenyu, you can call me Su." ”

Nodding, John Weinberg was not the slightest surprised by Su Chenyu's words, it was obvious that this financial tycoon had already investigated some information about Fund X. There is no doubt that although he has not seen the true face of Su Chenyu, the big boss behind the scenes, he has not seen his true face, but he has also learned a little.

"Then I don't know Mr. Su, why did you come to Goldman Sachs to find me? You know, now we Goldman Sachs and X Fund are in a hostile state? We have fought in some fields and industries. ”

In the face of Fund X, John Weinberg was quite calm, and did not show any anger or resentment because Fund X had put Goldman Sachs in such a miserable situation - at least, not on the surface. Of course, in John Weinberg's heart, who knows what he hated Su Chenyu and the X Fund? It is estimated that he has the heart to cut him with a thousand cuts.

However, as long as John Weinberg doesn't show it, this is a hero - even in the face of his father's killer, he can still talk and laugh on the surface.

Shaking his head, Su Chenyu said with a smile: "Wenberg is wrong in what he said, maybe we used to be enemies, but now we are not enemies!"

Hearing Su Chenyu's words, John Weinberg couldn't help but have doubts in his head, so he stared at Su Chenyu, looking forward to his answer.

Without letting John Weinberg wait, Su Chenyu took out a document from the handbag beside him, and then handed it to John Weinberg opposite, quietly watching him say no more.

Taking the document handed over by Su Chenyu, John Weinberg picked up the glasses at hand and began to browse the documents, from the first glance, his face began to change wildly, and finally he was so gloomy.

"Mr. Su, what a good means!"

Listening to John Weinberg's words without a trace of emotion, but seemed to be gritting his teeth and popping out word by word, Su Chenyu said calmly: "What I said is right, X Fund and Goldman Sachs are not enemies now, but a family." ”

Yes, Su Chenyu is right, Goldman Sachs and X Fund are really a family now!

Because that document was none other than the agreement for Fund X to acquire 62.3% of Goldman Sachs' shares, including the signatures of hundreds of partners. In other words, from now on, Fund X has completed its control of Goldman Sachs, and even if it can't handle the "small group" of John Weinberg, Su Chenyu can still play Goldman Sachs in the palm of his hand.

"So is Mr. Su here to demonstrate against me today, or is he going to remove me from the position of chairman and CEO of Goldman Sachs?"

In these words, John Weinberg is no longer as calm as before, and under the calm words, there is endless uneasiness and helplessness. Yes, now that Fund X has taken control of Goldman Sachs, it is easy to remove himself, and he does not have the slightest ability to resist.

At this moment, John Weinberg couldn't help but feel that the previous partner meeting was definitely a "bureau", a bureau made by Fund X for Goldman Sachs!

From this point of view, Fund X targeted Goldman Sachs everywhere, not to just hit Goldman Sachs, or to make profits, but to eat Goldman Sachs from the beginning. It's just that the X Fund hides its true purpose so well that many people just think that the war between the X Fund and Goldman Sachs is because of the hatred of interests and the "Chanel War". Undoubtedly, neither, and even the "Battle of Chanel" may be a game set up by Fund X against Goldman Sachs.

Thinking of this, John Weinberg couldn't help but let out a long sigh, X Fund is so deliberate in calculating Goldman Sachs, then it must be determined to win. Moreover, judging from the consistent approach of Fund X, John Weinberg has almost guessed the main purpose of Su Chenyu's trip - to acquire his shares in Goldman Sachs, and then complete the wholly-owned control of Goldman Sachs.

Well, it's not bad at all, Su Chenyu is here for Goldman Sachs' shares.

"It seems that you have been thinking about Goldman Sachs for a long time, so tell me about your conditions?"

I have to say that talking to smart people is so simple, and some words are already understood without saying them at all.

"Goldman Sachs paid 18 billion to buy all the shares in the hands of you and White Hupper and allies, and the position of chairman and CEO of Goldman Sachs is still left to you, in addition to a 10% equity dividend. ”

"I hope Goldman Sachs can officially join the Standard Bank Group!"

I have to say that Su Chenyu's conditions are really very generous, so generous that even John Weinberg is excited. Moreover, the most critical point is that Goldman Sachs was not acquired by X Fund, but by Standard Bank Group, the world's first bank, so that Goldman Sachs will not lose to Morgan Stanley, Citibank and Merrill Lynch at all, and even faintly stronger.

After a long period of silence, John Weinberg said, "I need to think about it. ”

"That's nature!"

However, Su Chenyu knew that he had already dealt with John Weinberg......