Chapter 404: Little Cousin
Of course, there are rumors that Merrill Lynch is ready to raise the management fee rate of G3 series funds, from the current 1.5% ratio to 1.8%, whether it is the average 1% equity fund management fee rate in the industry at the beginning, or the 1.5% rate withdrawal ratio after the increase in February, it is obvious that it can not reflect the special value of G3 series funds in the spring of 93 and the contribution to investors!
Therefore, the most conservative estimate is that as the general manager of the IPC special venture capital department of Merrill Lynch, Jiang Yelin's annual personal fund management fee income is at least between 20 million and 25 million US dollars, and the rest of the management fee income is used to maintain the daily expenses of the increasingly large special venture capital department and the operating costs of the G3 series of funds, as the most beautiful securities investment department of Merrill Lynch and the entire Wall Street in 93, the annual budget is as high as 500-10 million US dollars! Of course, IPC, as the immediate boss, has to take about 30%, after all, the Special Venture Capital Department is a department under the IPC and uses all the resources of Merrill Lynch.
In fact, Jill's little cousin is a popular figure in Yale, on the one hand, she is excellent academically, on the other hand, she is clean and self-loving, and she never pretends to be a moth to the fire pursuit of the wild bees and butterflies, on the other hand, Jill's grandfather is a close friend of the former president of Yale and more than one president of the United States, and the father of the little cousin, that is, Jill's uncle, is the Supreme Court of the United States Federal Court, before the black judge was appointed in 1991, This uncle is the youngest justice of the U.S. Supreme Court in 30 years, only 46 years old when he took office, as the youngest daughter of the chief justice, Jill's cousin belongs to the typical white rich beauty has proud conditions.
"Your Excellency, perhaps I should also tell you that although the Lexeton family is a descendant of hillbillies, my aunt is the wife of a justice of the Supreme Court of the United States, and my little cousin's grandfather is the former president of Yale, so even if you have become a dazzling Wall Street star now, you have only just stepped into the ranks of multimillionaires, in fact, many rich children, including those with a net worth of more than 100 million, may not be able to make my little cousin tempted...... I can only create opportunities for you, but in fact, it is up to you to grasp the ......"
Jill Lexton couldn't resist Jiang Yelin's fascinated eyes, and couldn't help but turn over with a little annoyance, obviously reminding Jiang Yelin that the identity of a Wall Street nouveau riche would never be able to impress his high-IQ Yale little cousin with white rich and beautiful eyes......
"When you say that, I'm a little interested, what's the name of your little cousin, Jill, I'm not afraid to sue you, I have my own way of pleasing women, although I don't necessarily want to be the son-in-law of the Supreme Court Justice, but I really want to see where your little cousin is, it's impossible for an American girl to be 24 and haven't been in love and slept with a man, right? Unless she comes from a Catholic family, I think most families in the United States belong to Protestantism, which is always true, and say, what's your cousin's name......"
Jiang Yelin is obviously a little interested in the little Yale cousin in Jill's mouth, but Jill Lexton blindly boasts that his cousin is talented and has a prominent family background, Jiang Yelin's first feeling is that this Yale little cousin may be a Lala who doesn't like men, and the second feeling is that since he is only in front of his appearance, maybe he is white and rich and rich, but beauty or not is two words, you must know that the aesthetic views of the East and the West are very different, especially for the evaluation of Oriental women, which is completely out of tune, but the beauty of Western women, Men in the East and the West, whether they are yellow-skinned or white-skinned, can still be close to the same......
For example, Helen Lacey, a blonde and blue-eyed Nordic woman with a height of 176 cm, is the most beautiful Western-beauty Jiang Yelin has ever seen in the workplace, for example, Jessica Abel and Jill Lexton's appearance is not necessarily much worse than those popular female stars in Hollywood, but if Hollywood and the film and television industry are concentration camps for handsome men and beautiful women, in fact, the base of white-collar beauties in the workplace is much larger, either there are no beauties, otherwise they must be first-class beauties......
"Well, chairman, didn't you call me to the office this Sunday to discuss the work of Saturn?" Jill Lexton didn't know why, when Jiang Yelin was not interested in her little cousin before, she praised her cousin for trying to shift the chairman's attention from the future of Saturn Motors to the chairman's personal life. I won't have nothing to do to pick the thorns of my subordinates and colleagues to give everyone a little shoes to wear, right?
But at this time, when Jiang Yelin became interested in his little cousin, the 36-year-old beautiful CEO, who is also at the level of a royal sister, felt a sour feeling in his heart, Mr. Lexton is a nerd who only knows how to conduct research at Harvard Medical School, and deals with his bottles and cans of new drugs that may not be successfully developed in eight lifetimes, and the 40-year-old has gray hair and a hunched back, and he is like two generations at all. Why didn't I meet this talented, rich and handsome guy with a mustache in front of me!
"What? Sister Jill, you don't even know the name of your little cousin and introduce it to me, do you? Jiang Yelin was a little confused, he was aware of the change in Jill Lexton's feelings, but to say that the red-haired witch in front of him had feelings for him, Jiang Yelin was not arrogant enough to this Cheng Dù, his current temperament was much more restrained than when he was in the capital of Huaxia, the two mustaches left by him in order to play Ye Django became more and more energetic, and the gold-rimmed flat glasses made him look more Sven and more rounded, although his style was very straightforward and radical at the negotiation table, But in the eyes of ordinary employees and ordinary executives, the young chairman of Merrill Lynch is obviously a talented and talented entrepreneur.
Just like most entrepreneurs and working class people who do business, Wall Street is synonymous with greed and wealth, Jiang Yelin and Merrill Lynch Securities G3 series funds are no longer in the cross, and the Saturn Automobile Manufacturing Company in Chunshan, Tennessee has no intersection, Jiang Yelin can be the chairman of Saturn Motors, but because General Motors executives have reached cooperation with Merrill Lynch Securities in terms of equity and financing, and it can even be said that Merrill Lynch saved General Motors, For example, the Saturn Automobile, which has a net asset of $1 per share, was underwritten and listed at a high price of $3 per share, for example, the stock price of Saturn Auto even briefly exceeded $6 after its listing, and now it remains at a high level of $4.25-4.35 per share!
Jiang Yelin's first fire in Saturn Automobile was to remove Deng Hudel from the throne of president and CEO behind the back of the scene, the reason is that Deng Hudel could not lead Saturn Automobile to achieve the performance goals of the board of directors, of course, many Saturn people think that this is a crime to add to the unexcused style, originally the board of directors asked to double the production capacity and double the performance is an unrealistic goal of quick success, no one really takes the planning of IPO listing in the prospectus as the real goal to work hard, or The North American auto market has been sluggish for three years, and the huge losses of major automobile companies have also lasted for three years.
Jiang Yelin's second fire in Saturn Automobile is to promote the beautiful Helen Lacey from the position of general manager of human resources and public relations to the position of president of the company in one fell swoop, in order to maintain a balance, he put another strong woman who really has the strength to take over as president and CEO Jill Lexton to the position of CEO. The annual salary of 500,000 is not counted plus 200,000 call options, which means that Saturn's senior management has completely surrendered to the new chairman, and the annual salary of first-line executives has increased by more than 50%, similar to Helen and Jill......
Of course, it is difficult to say whether it will be a flash in the pan to quench thirst, just when everyone was waiting to see the joke, Jiang Yelin personally led the team to join the vertical and horizontal, blitzkrieg South Korea and Japan, and traveled more than 50,000 kilometers in the air in half a month, and was stunned to form a group to repel the competitor's desire for Daewoo Motors, and with a thousand pounds of money, it participated in South Korea's Kia Motors, joined hands with Honda Motor Co., Ltd., and also incorporated the original Daewoo Automobile new plant in Alabama into its command, increasing its production capacity from 150,000 to 350,000 in one fell swoop. And there is a chance to reach 400,000 units in the third quarter!
You must know that the fourth-generation Honda Accord produced by Honda Motor Co., Ltd., the hottest Japanese car sold in the North American market, last year's sales were only 240,000 units...... Saturn Motors was originally established with the goal of defeating Japanese competitors in the North American market, and now if a qiē shun lì, Saturn Motors is likely to create a zào miracle, doubling its production capacity and doubling its performance in 93! Beat the main competitor of the Honda Accord!
"Okay, little cousin Yale, I don't need you to introduce me, I can do it myself...... What's that, your uncle is a judge of the Supreme Court? This, if I ask your little cousin out or something, it won't provoke the pursuit of the presidential secret service, right? Jiang Yelin looked at Jill with a smile and asked.
"This, as long as you don't do bad things, you are naturally not afraid of shadows, presidential agents are for the White House and the president, but I heard that a few retired are my cousin's personal bodyguards, and you also know that there are always guys who are not afraid of death who want to see Fang Rong and kiss Fang Ze...... It's so self-sufficient, Your Excellency the Chairman! Jill Lexton blinked, but he was in a better mood than he had just been when he was lost and depressed.