Merrill Lynch Headquarters, 34th Floor, GPC President's Office, World Financial Center, Manhattan, New York, USA

"Boss, this is my assistant Django Ye, graduated from McGill University in Maple Leaf Country, after joining the company, he first interned in the third branch of the central sales department, and showed excellence in the management of the G3 fund, after the scale of the G3 fund expanded, I transferred him to my side as a special assistant, mainly responsible for the self-operated operation of the G3 fund......" Chambers Fitter, the manager of the central sales department, spared no effort to introduce the young people around him to his immediate boss.

"Hi, Boss, it's a pleasure to meet you, I'm Django Ye, you can call me Django, Mr. Fett didn't say that your office is twice as big as his, I'm a long-term insight...... "Jiang Yelin stepped forward to shake hands with the owner of the office generously, the other party is over fifty years old and is well maintained, Wall Street famous Gordon Gecco has only seen it on the front page of financial media and newspaper news before, don't say it when you see a real person now, even the other party's handshake is more than one level higher than Chambers Fett.

"Haha, young man, I believe that one day you will have such a big office, Fit is your boss, I am just his boss......" 52-year-old Gordon Gaucle is a much more prominent person on Wall Street than Chambers Fit, and has served as the director and general manager of the investment department at Goldman Sachs, Morgan Stanley and Bank of America respectivelyOf course, a GPC president can't poach a genius like Gordon Gake, who also has the aura of a board director and a vice president of Merrill Lynch.

The organizational structure of Merrill Lynch Securities has been imitated by many investment banks and brokerages in later generations, and the organizational structure is divided by business, one of which is GMI, the full name is "Global Market and Investment Banking Group", which provides financing services and products to global companies, institutional customers and government customers, for example, underwriting treasury bonds issued by various governments is an important business content, and Merrill Lynch's most dynamic and most optimistic in the industry is GPC, the full name is the global private client group, GPC is for individuals, small and medium-sized enterprises and employee benefit plans, Offering wealth management products and services, and finally M-LIM, called Merrill Lynch Investment Managers Group, manages financial assets from individuals, institutions and corporations.

The assets managed by GMI are eight times that of GPC, and the assets managed by GPC are eight times that of M-LIM, but from the perspective of the net income contributed to Merrill Lynch, GPC's contribution accounts for almost half of the country and is almost the same as GMI, while M-LIM's net income accounts for less than 7% of Merrill Lynch's income, which shows the contribution and importance of GPC to Merrill Lynch as a whole! Gordon Geck is at the helm of GPC, and more than 32,000 Merrill Lynch FA (brokers or financial advisors) are Gordon Geck's subordinates, including Chambers Fit and Jiang Yelin at the moment.

"Boss, Django just came back from Detroit, he brought us a piece of good news, I think it's a big deal, so I'm going to bring him directly to meet you......" Chambers Fit belongs to the middle-level executives trained by Merrill Lynch, and the amount of customer assets managed by the Manhattan Center Sales Department accounts for more than one-third of Merrill Lynch's national securities business department, which is larger than the assets managed by many foreign branches, so Chambers Fit, the general manager of the sales department, still has a lot of say in front of Geco.

"Detroit? Is it General Motors or Ford? I read the report of the G3 fund, well, how to say it, the winner is not blamed, Ye, your trading style is so radical that you are almost dancing on a tightrope, of course, Chambers is happy, the commission income created by the trading volume of the G3 fund in a week is equivalent to the commission income of other proprietary funds for a quarter or even half a year, but I want to remind you, young people, risk control is the first element to ensure success, if you can't effectively control risk, a qiē will become a passing ......"

Geko sent a cigar to Chambers Fit, Jiang Yelin also took a cigar cigarette honestly and unceremoniously, and the three of them had a small meeting in front of and behind the desk, Geco was very kind when he was approachable, but Jiang Yelin could see that the big boss seemed to be a little absent-minded, could it be that the news he brought back from the General Motors headquarters was not enough to attract the attention of the other party?

"You're right, in our business, risk control is indeed the most important, although the G3 fund only invests in big blue chips, but it can't be taken lightly, so, in order to control the risk, I personally went to Detroit to visit Mr. Smith, President and CEO of General Motors, and brought back a good news......" Jiang Yelin didn't finish speaking, and Gordon Gaecor had already interrupted with a questioning tone

"That smith of yours just led a change in the board of directors, John G. Smeyer, the old guy was ousted from the chairman's position, of course, in order to take care of Smeyer's face and General Motors, what did John G. Smeyer voluntarily resign as chairman for health reasons, but the chairman was replaced by Owen Bieber, who represents the largest shareholder UAW, if this is also good news? Mr.Ye, it can't be that you picked up that Smith in Detroit to play such a good show, right? ”

"This, Boss, it is true that I did not do this thing of changing the chairman of General Motors, I just went to lobby the president of General Motors to spin off and package the Saturn Motors Company under General Motors and go public, and it is estimated that the Saturn plan proposed by Smith at the board of directors was blocked by that Smail, so ...... The GM board of directors just had infighting, right? This Irving-Bieber is just a transitional role, and it is estimated that after the Saturn goes public, Smith will sooner or later get the position of chairman of General Motors......

Jiang Yelin's face was impressive, he didn't expect that Smith would be a resolute and resolute person once he took action, and he actually ousted Smyer from power for the Saturn plan, and he didn't know how many transactions and calculations had been made behind the scenes to achieve the current situation, Saturn Motors' listing was the first step in GM's transformation from a large point of view, and from a small point it was the first fire of John Francis Smith Jr's new official to consolidate his power, and the old Smail couldn't see through this and blocked it. It is not difficult to understand that someone should be removed from the position of chairman.

"Django is right, BOSS, that Owen Bieber is just an interim chairman, and it is estimated that he will have to step aside after half a year at most...... The good news brought by Django is that Smith promised to be led by our Merrill Lynch Securities to underwrite the IPO listing of Saturn Automobile Company, Saturn Motor's SC sports car is now the top ten brand models in the North American market, and Saturn's net assets are 1.8 billion, last year's production and sales of 200,000 Saturn cars, annual operating income of up to 4.5 billion US dollars, gross profit margin is an astonishing 16%, this is a chicken that will lay golden eggs, if Saturn Automobile goes public to raise 2 billion US dollars, even according to the 5% commission we can net 100 million! ”

The words of the general manager of the central sales department finally attracted the attention of the president of GPC, "Smith promised to let Merrill Lynch be the chief underwriter of the IPO of Saturn Motors?!" Django, is Chambers accurate? He turned his gaze to Jiang Yelin, his eyes shining sharply, as if he would see any exaggeration in the slightest.

"This, Boss, before the two sides signed the contract, it can only be regarded as an intention, when I went to talk to Smith, the business card printed on his business card was just the title of assistant general manager of the central sales department, Mr. Smith didn't kick me out It's very good, but the G3 fund's table in January, As well as our Merrill Lynch Securities' No.1 position in the industry, it is a strong endorsement, but I also heard that the relationship between General Motors and Morgan Stanley is a little closer, so I suggest that Merrill Lynch should start first! ”

Jiang Yelin's subtext is also obvious, I opened the door of the General Motors President's Office for Merrill Lynch Securities with the title of assistant manager of the sales department of the district center, and now, I am waiting for the heavyweight of Merrill Lynch Securities to appear on the stage to show sincerity, otherwise this cake will be snatched by competitors in minutes, not to mention, the image that I have established in front of Smith will completely collapse!

"Melissa, please make an appointment with the secretary of Mr. John Francis Smith, President and CEO of General Motors, and say that I will stop by Detroit at noon tomorrow and want to visit and see if the other party can arrange a time......" The style of the president of GPC is obviously also a vigorous and resolute actionist, and he picked up the phone and ordered in front of Chambers and Jiang Yelin.

The secretary Melissa is obviously also very efficient, perhaps because of the foundation laid by Jiang Yelin, the assistant at the General Motors headquarters, in short, the other party's reply will come back soon," said Mr. Smith, Mr. Smith's secretary, Ms. Kate, Mr. Smith is looking forward to meeting tomorrow at noon, and he will be in the office waiting for the GPC president! ”

"Well, yes, Django, it seems that Chambers and I have underestimated your energy, how about it, Chambers, take Django with me tomorrow to fly to Detroit, it's been a long time since I've dealt with the president of General Motors, I hope this time, I won't be disappointed......" The GPC president is obviously in a good mood, the last time he went to meet Roger Smith, the dictator of General Motors, but he touched a nose, of course, at that time he was still playing for Morgan Stanley, this time, I'm afraid that Morgan Stanley's people will not be so idle, However, the executive schedules of large companies are usually full, and with Gordon Gecco's status and reserve, it is true that he has not yet flown over overnight to catch the other party to sign the agreement.