Chapter 1167 Wall Street Prodigy
On March 17th, "Titanic" was successfully completed and fully entered post-production, and in April, "Horror Movie 2" co-produced by "Xichu" and "Universal" was released. Pen & Fun & Pavilion www.biquge.info
"Sound of Rain" has raised the price to $4.5 billion, hoping to take the entire business of "EMI EMI" from Citibank, while "Sony" and "Universal" have paid a high price and obtained the consent of European regulators to acquire "EMI EMI", but the US antitrust regulator has not yet approved the acquisition request of "Sony" and "Universal".
On June 9, Will Dimon, the president of Citibank and known as the "Wall Street prodigy" in the early years, invited Cheng Xiaoyu and Chen Haoran to attend a reception on the 16th, and Cheng Xiaoyu rushed to New York a day early.
He knew that Citibank, which had not given them an answer, should have reached a basic conclusion, and this meeting might determine the final ownership of "EMI Momoyo".
On the evening of June 16, on the 77th floor of The Ritz-Carlton, New York, the narrow ballroom resembles a huge fish tank, and even now it is daytime, it is brightly lit, with a scarlet carpet under crystal lamps, a golden tablecloth covering the round dining table, a glimmering candlestick, and waiters in black and white formal suits, forming a solemn and solemn oil painting.
Xu Qinning, who was wearing a slit ink cheongsam, walked elegantly into the banquet hall with Cheng Xiaoyu, who was wearing a regular dress, and a pair of Huaxia Biren with different painting styles attracted the attention of many people at once.
Xu Qinning was no longer surprised by this situation, and said in a low voice: "How much do you hate tuxedos?
Cheng Xiaoyu nodded with a stiff smile on his face: "I really can't accept that there is a tail behind my buttocks, it makes me feel funny..... It's really suffocating to wear clothes like that, and to attend such a banquet. ”
At this moment, the yellow light is wrapped in the music of the "Blue Danube Waltz", which is not very appropriate, so that the dancers on both sides who keep writhing their bodies melt into a kind of noisy solitude, with a kind of exclusive drinking party, hundreds of investors and analysts from all over the world wander aimlessly, they hold wine glasses, randomly gather into groups, occasionally change combinations.
From a distance, Cheng Xiaoyu saw Xiao He Dianxiong, the president of "Sony Music Entertainment" wearing a tuxedo, his short and chubby figure and Mediterranean hairstyle made him particularly eye-catching in the crowd, Cheng Xiaoyu glanced at it and then said to Xu Qinning beside him: "You see that the tuxedo is actually very provocative, and if you don't wear it well, you will become a penguin!"
Xu Qinning couldn't help laughing, and pushed Cheng Xiaoyu with her elbow and said, "Don't talk about penguins, penguins are actually quite cute....."
Xu Qinning's smile is particularly good-looking, the eyes of the apricot phoenix are deep and transparent, the starry tears are like cinnabar, and the delicate skin like porcelain makes people can't bear to shift, Cheng Xiaoyu looked at it twice, and Xu Qinning asked a little strangely: "What's wrong?"
Cheng Xiaoyu shook his head and smiled and said: "No, I just want to say that you look so good in a cheongsam, the hanger is like this, whether it is punk or vintage, cheap or weird, you can wear your own unique charm, no wonder so many designers are looking for you to walk the catwalk......"
"Hey, don't think that saying two good words can uncover the scandal between you and Catherine!? The newspaper wrote that all the kiss scenes with Catherine were performed by you, I mean, why did you dye your head yellow!" Xu Qinning said viciously while holding Cheng Xiaoyu inside.
Cheng Xiaoyu also underestimated the media's ability to penetrate, and there are not a few people who know about this matter, so the scandal between the two is now known all over the street, and even many entertainment programs make fun of him.
He could only be glad that no one knew what he and Catherine had really done, and at this moment he could only look at him left and right: "Xiao Ning, my praise is sincere, do you know what I like about you?" Not only beautiful, but also thoughtful, and the personality is also hearty, not pretentious, and open, you are the focus of any drinking party in the evening dress, and it will not damage your queen's aura if you take off your evening clothes and go to the roadside barbecue to drink a few bottles with you.....
Hearing Cheng Xiaoyu's praise, Xu Qinning gently covered her mouth and smiled, poked Cheng Xiaoyu's waist with her finger and said, "Okay, okay, let you go for the time being, and when I see that you are not pleasing to the eye, I will take it out and talk about it..... But I told Cheng Xiaoyu, it's not right for you to deceive people, next time you want to deceive people, you have to think about whether this matter will be a gang, you can't tell a lie that is too dangerous, some people are not as easy to talk as me!"
Cheng Xiaoyu breathed a sigh of relief, and before he had time to think about who some people were, he saw Chen Haoran greeting him, he and Xu Qinning walked over the crowd, and Chen Haoran said: "You can meet a legendary Wall Street prodigy a little earlier, but it doesn't matter, he said that after he finished speaking, he would come down and talk to you about some questions about Huaxia....." When talking about the Wall Street prodigy, Chen Haoran also turned his head and glanced at the front of the crowd.
Cheng Xiaoyu followed Chen Haoran's eyes and saw a tall thin man in a tuxedo, he stood in the crowd and was very eye-catching, he could be called handsome, although he was very thin, his body looked very strong.
Chen Haoran turned around and said to Cheng Xiaoyu and Xu Qinning in an admiring tone: "This is the fierce man I have ever seen, and I feel more open than you, I really can't help but be respected, it seems that he is the same as many people on Wall Street, self-disciplined and loves numbers." But the scary thing is that he can accurately recall the market value of buyers and sellers in a merger and acquisition that he had nothing to do with him 15 years ago, and his favorite intellectual game is to spend a lot of time reading financial statements. This gives him a great sense of accomplishment: the secret hidden in the accounts, or the treasure that leads to a cost-cutting treasure, or the opportunity to acquire a competitor. In fact, relying on just these two means – endless cost control and timely acquisitions – he has built two financial empires, once Morgan and now Citigroup. ”
Of course, this is not a pure intellectual game, but also requires a high degree of moderation, self-discipline and competitiveness. He ran like a machine: for 20 years, he got up at 5:30 every day and started his day reading the Wall Street Journal, the Financial Times, and the New York Times. And those who stood in his way, such as a female congressman who came to dissuade him when he decided to cut his staff, had the same experience: being reprimanded mercilessly. ”
If there's one thing more than people think about the CEO of Citibank, the largest bank in the United States, it's his fate. He was once the luckiest man on Wall Street. After graduating from Harvard Business School, as an assistant to Sandy Lance, Will Dimon was involved in a 12-year adventure destined to become an important chapter in the history of finance: through a series of acquisitions, their midstream J.P. Morgan business credit company became one of the world's largest financial institutions, the Morgan Group, and when he became president of JPMorgan Chase at the age of 43, Dimon was already the future owner of the financial behemoth.
And then, he lost it all.
Due to a feud with Sandy Lance, Will Dimon was abruptly dismissed. This directly led to the loss of $11 billion in the market value of the Morgan Group in two weeks. A year and a half later, the nation's most famous unemployed person shook the market again: First Bank of America, which invited him to become CEO, increased its market value by $7 billion in a short period of time. However, he still faces a difficult turnaround challenge, which is said to be "something that even Hercules can't do", and the ensuing terrorist attacks, Enron case, and economic decline have made it even more difficult.
In just one year, the Bank of America, with an annual loss of $510 million, made a profit of 2.6 billion and achieved 14 consecutive quarters of profit growth. When speculation was widespread about when he would restart his best acquisition game, Will Dimon chose to be patient: in order to fully prepare the bank, he was willing to take on questions such as 'lack of strategic vision' and 'only cutting costs but not leading the company to growth'. It wasn't until early 2004 that he finally announced the merger of Meiyi with Citibank.
The Wheel of Fortune seems to have given Demont a role: to take over the world's largest banking group, to crush JPMorgan Chase – and that he will begin the revenge of the prince on Wall Street?
Before Cheng Xiaoyu could speak, Xu Qinning said with some surprise: "This story sounds very familiar! It's just a copy of Cheng Xiaoyu!"
Cheng Xiaoyu shook his head with a wry smile and said: "Forget it! There are more people than me, Citigroup and JPMorgan Chase are monster groups with total assets of three trillion US dollars, and our billions of dollars of petty fighting are like children's plays, what qualifications do we have to say that others are copies of me!"
Cheng Xiaoyu felt that this Will Dimon was not at all like herself, this Wall Street prodigy was a little similar to her sister Su Yuxi in terms of style, Su Yuxi's office has twelve computer screens, monitoring all the important work departments of the most "Xi Yu", but in fact she does not look at these pictures.
Her actions actually stem from the notion that in the highly competitive IT industry, the only way to play the role of hunter rather than prey is to always have a solid balance sheet.
And its almost paranoid efforts are nothing more than the pursuit of some of the most basic management results: discipline and efficiency. In a large high-tech company like Xiyu, which has 26,000 employees alone, Su Yuxi believes that only by never stopping the transmission of pressure can the details not get out of control.
In addition to this, she asked the six profit centers to submit a 50-page data book every month: it included the share of management expenses in total revenue, the sales of each product, and even the mobile phone bill for each employee.
She reads and compares to find ways to improve costs: for example, replacing overseas employees at overseas branches with local employees has saved more than $100,000 per location.
An obsession with data is perhaps a must-have trait for every successful CEO.
Xu Qinning rolled her eyes and said: "Hey, don't forget 'Xi Yu', in terms of personal assets, you can now rank in the top 20 in the world, definitely better than this Wall Street prodigy, and how old are you?"
Cheng Xiaoyu smiled and said, "I still have a bit of an advantage in terms of age.....
Chen Haoran held the crystal clear red wine glass and said while dangling: "Xiaoyu, I think you should talk about your grievances with 'Shanghe' and your 'Xiyu' background, otherwise we may not be able to snatch the 'EMI Baidai' from the mouths of the two old companies 'Sony' and 'Universal' this time." ”
Cheng Xiaoyu shrugged his shoulders and said, "Okay! ”
At this point, Will Dimon quietly walked up to the front platform and walked behind the makeshift microphone, his blue-gray eyes were hard to make out in the light, but his trademark New York Koons accent was more striking, and he said into the microphone, "I'm only going to say five o'clock so that you can get back to drinking as soon as possible."
"First, we welcome 237 guests from 25 countries, you are a testament to how important Citi is to the world and how important you are to be Citi's most important guests and partners. Second, I'm not here to talk about Citi's growth, you all know the amazing changes that have taken place over the years, and I don't have to repeat them. Thirdly, recently in Brussels, I heard a lot of politicians talking about taxes, laws, directives, the integration of the European Union, which sounds really difficult and sometimes desperate........."
Will Dimon's succinct speech, straight to the heart of the matter, insightful and optimistic, turned this transparent "fishbowl" into a concert in just two minutes.
Then he stepped off the stage, almost every step he took, someone went over to shake hands with him, introduce himself, and say hello, and after more than half an hour, the legendary figure finally appeared in front of Cheng Xiaoyu, next to him stood the president of "Sony Music Entertainment" Marina Koga Norio and the president of "Universal Music", Andrew Ceylon with a mustache.
Will Dimon stretched out his hand to Cheng Xiaoyu and said, "Presumably this is the famous Mr. Cheng, your youth and talent really surprise me, I was still in love on the college campus at your age..... What a jealous young man. ”
Cheng Xiaoyu took a closer look at this financier who had reached the peak of his life in his forties, his face did not have too many traces of time, his dark blonde hair was ironed and combed back of his head, his shirt, bow tie, and cufflinks were all so meticulous, obviously he was still very demanding of his appearance, a typical appearance of a Wall Street elite.
Even in his forties and fifties, people still call him the golden boy of Wall Street.
Cheng Xiaoyu smiled and said: "You have won the award, compared with everyone here, I am still just a junior, and I am even more a novice in mergers and acquisitions....."
Xiao He Dianxiong on the side smiled with his hands behind his back and said: "I didn't expect Mr. Cheng to be so modest, I thought that a company the size of a fingernail like 'Sound of Rain' would dare to swallow 'EMI Momoyo' with a lion's mouth, how arrogant and ignorant it must be......"
(The four-thousand-word chapter is updated, asking for all kinds of votes, Catherine's li. fan is already there, and it will be uploaded to the group tomorrow, and it depends on tonight's vote whether Xia Shamo has it!)