Merrill Lynch Securities Headquarters, Manhattan, New York, USA, Special Venture Capital Department, GPC

"Boss, the Saturn car market is open, it's only two o'clock in the afternoon, the stock price has soared from $4.125 to around $5.125, and 98 million shares have been traded, have we been holding still?" Mannie, the assistant to the general manager of the special risk department, obviously couldn't sit still, went back and forth into the office several times, and finally couldn't help but take advantage of pouring tea for Jiang Yelin, glanced at a row of monitors on his young boss's desk, and muttered a reminder of the handsome little boss who had been standing still.

Although the structure of the special venture capital department is one level lower than that of Chambers Fett's central sales department, Jiang Yelin's special venture capital department belongs to the department directly led by the president of GPC, so the title of general manager of the venture capital department on the business card is genuine, and the three veterans of Mannie, assistant to the general manager, Marbury and Phoenix, also followed the young BOSS chicken dog to ascend to heaven, and the annual salary has almost increased by 10%, as for Jiang Yelin, his annual salary is not high. When Chambers was the assistant general manager, the salary was increased from $60,000 to $100,000, and now that Rockets is generally sitting on the throne of the general manager of the special venture capital department, Jiang Yelin's annual salary is only $120,000.

On Wall Street, truly successful workplace managers certainly do not live on a basic annual salary, the annual salary of the president of General Motors is around one million dollars, the majority of the income of professional executives is stock options and performance dividends at the end of the year, and fund managers and stockbrokers rely on bonuses and dividends to build their own wealth empires, so the annual salary of $120,000 is nothing to Jiang Yelin, just like now, when the stock price of Saturn Motors soared on the first day of listing, Jiang Yelin and his G3 fund did not move......

"Mannie, don't worry, the show is still to come, Merrill Lynch does not bear the suspicion of manipulating the stock price, we don't rely on inside information to eat, the SEC is just looking for our stubble is also in vain, no one subscribed for the new shares of $3 a share, and now someone is rushing to ask for a share of $5...... Okay, you can go out, from now until 4 o'clock, my office idlers are not allowed to enter, and all the phones will be pushed off for me! Just say I'm out! ”

The freckled beauty stuck out her tongue when she heard this, Jiang Yelin is generally an extremely approachable boss, but when he is serious about doing things, who has nothing to interfere with his thinking or operation It is definitely a very strict problem, Mannie has never seen Jiang Yelin have a fixed female companion by his side, of course, the young Asian wonder boy has become the idol of those flowers and plants OL beauties in the headquarters of Merrill Lynch Securities for more than a month, there is no one, and the single secretary and assistant who is almost three years old is no exception, Every time I secretly look at my boss, my face turns crimson.

In the office, Jiang Yelin picked up the phone, "Hi, Boss, I see almost, Goldman Sachs, Morgan Stanley and Salomon Brothers began to enter the market in the afternoon, how many Saturn car stocks have you thrown out at this time?" 80 million shares? The trading volume is now 18 million more shares, it seems that the funds for speculative arbitrage in the day's trading are not small, and the G3 fund is ready to short sell Saturn cars at the existing price, which is not considered insider trading, right? ”

Chambers Fett on the other end of the phone laughed, obviously today's Saturn car sell-off plan is quite flawless, the special venture capital department has been standing still so that the stock price has risen without fear, of course, the 30 million shares of Saturn cars traded in the morning are still a mystery to which institutions and investors have eaten, but it has activated the crazy table of Saturn cars, in fact, many short-term speculators in a few hours of trading hours continue to repeat the low sell high buy chasing up and down drama, It wasn't until traders at Goldman Sachs, Morgan Stanley and Salomon Brothers made big purchases that the stock price was hot and blowout......

"Django, I'm not your boss right now, your boss is Mr. Geco, of course, it's a time for everyone to be happy, the boards of directors of General Motors and Saturn Motors are obviously like most investors in the market, I didn't expect this to be the result on the first day of Saturn's listing...... I've completed the Saturn car sell-off and cash-out task this week, and the rest is up to you...... Rest assured, we at Merrill Lynch will never do insider trading! If you have something to do, call this dedicated hotline directly, and I will watch the market for you before closing......"

"One day is the boss, it has always been the boss, with the boss you and our central sales department, my special venture capital department dares to show its skills, right? But don't worry, I'll have a good grasp of the scale and proportion...... Let's do business according to the rules, even the SEC can't catch us! The general direction must not have run, that's all! ”

Jiang Yelin put down the phone, and instead grabbed another hotline on the table that went directly to the exchange floor, "Dominic, this day is idle enough, right?" Okay, you have a job to do, now the price of Saturn cars is $5.225, start to sell Saturn shares from the current price, first sell 20 million shares, then 15 million shares, and finally 10 million shares, give you an hour to complete the selling ......, the specific rhythm is your own control! Report the acceptance of other brokerages at any time......"

2 minutes later, the stock price of the Saturn car on the computer terminal began to turn down, and the trading volume slowly expanded, Dominic, a trader in his early 30s, has rich experience and experience in the position of assistant trader, of course, because of the relationship of hitchhiking on the G3 fund, Dominic, who has become a mother-in-law for many years, can be said to be loyal to the G3 fund and Jiang Yelin, just kidding, the annual salary of the trading assistant is 80,000 US dollars, and the annual salary of the floor trader is 180,000 US dollars, not counting performance bonuses and dividends, of course, There are a lot of job and professional confidentiality agreements, and if you don't know self-love and conscientiousness, you can become the subject of double scrutiny by the SEC and the company at any time.

At the same time, in the exclusive box of Goldman Sachs on the second floor of the New York Stock Exchange trading floor

"Hmm, what's going on? I'm going out to wash my hands and come back, and you've tossed the Saturn stock price below $5? "After Maigao-Jackson returned to the box, he saw the big screen market Saturn Automobile's stock price fell to 4.975, which surprised him, Saturn Auto was firmly standing at 5.275 for a long time before going out just now, what's going on?

"We didn't do it, but Merrill Lynch has obviously started to sell Saturn Motors stocks, do you think we are also quick to take profits?" Nick Lewis, vice president of investment at Morgan Stanley, is a more cautious guy, as soon as the stock price moves on this disk, this guy is anxious to think about falling into the pocket, and as a result, the average cost of Morgan Stanley's 20 million shares of Saturn car stocks eaten today is the highest. It's about 4.750, followed by the 25 million shares eaten by Salomon Brothers, with an average holding cost of 4.275, and Goldman Sachs' 20 million shares with the lowest cost of only 4.125, so Maigao-Jackson's does have the confidence and capital to take the lead.

"Settle in the bag? Morgan Stanley's people are still out of the mix? You only have 20 million shares in your hand now, since you want to throw it directly to Goldman Sachs, we will eat it all at a discount of 4.750! "Mai Gao Jackson spoke, the stock price of Saturn Motors was pushed up by 1.5 percentage points by the buying of the bottom, this guy spoke more confidently, Nick Lewis blushed, just hesitated, the traders of Merrill Lynch Securities began to sell Saturn Motors shares in a big way, and the rushing chasing orders were eaten up by two consecutive big sells, and the stock price fell below the price of 4.750 in one breath and stayed at the position of 4.725!

"Days, the cumulative selling in half an hour is as high as 25 million shares! Did the wind turn the rudder?! "Solomon Brothers' Mason Aikman can't sit still now, this product has no friendship with Maigo Jackson, everyone has to grab the runway when they buy it, and they have to grab the runway when they throw it, how can there be any room for politeness in this effort? Mason directly grabbed the hotline and gave an order to the floor trader of Solomon, originally everyone was talking about intraday speculative arbitrage, and now this price may be able to make a little profit or even tie, the stock price is really smashing down, this is no place to cry!

"All 25 million shares of Saturn cars are thrown! There is no price floor! The deputy director of investment of Salomon Brothers almost shouted out, and then Nick Lewis didn't care about being embarrassed to make people see the joke, grabbed his phone and gave Morgan Stanley's floor trader an order to sell, "20 million shares of Saturn cars uh, all of them are thrown out, there is no price floor!" ”

"Bastard...... The shaft cannot be conspired with! While scolding angrily, Mai Gao Jackson grabbed the phone and gave instructions to the floor traders at Goldman Sachs, "Buy 20 million shares of Saturn Motors at $4 and another 25 million shares at 3.7!" ”

Mai Gao Jackson is determined to call Morgan Stanley and Salomon Brothers to see, what is the real stock market player, like their mentality and trading methods that say more kill more and kill yourself, because it takes time to entrust by phone, in the case of manual matching quotations on the trading floor, the response speed of 2 minutes has been quite fast, before Salomon Brothers' 25 million shares of Saturn cars were thrown, the stock price has been called Merrill Lynch's last 10 million shares of the sell-off smashed above $4, Buys above $4 were almost swept away.

At 3:30 p.m., Saturn's share price plummeted to $3.5 and then rebounded all the way to $4.250 after Goldman Sachs traders bought up to 45 million shares...... Mygo-Jackson looks like the biggest winner!