Chapter 1835 Investment Advice to Donald
Dick Fulder's nickname is "the most ferocious bulldog on Wall Street", not only refers to his methods when doing business, as his name suggests, he looks really fierce, but the bright smile on his face at this moment only looks like Han Xuan feels amiable.
Han Xuan is really wonderful, people say that he is the most favored person by God in a thousand years, rich, harmonious family, smooth love, good brain, good appearance, it can be said that he has concentrated all the things that others dream of.
Mayor Rudy had seen Mr. Fuld several times before, and when he didn't have a gloomy face, he looked like the other party owed him millions of dollars, and now when he saw Han Xuan, it was completely like a different person, which was not to blame for Fulder, but it could only be said that Han Xuan's strength was too terrible.
Speaking of this guy, Fuld is not well-known now, and after graduating from college in 1969, he stayed at Lehman Brothers until 1993, when he took over Lehman Brothers from American Express, which had been in control for more than a decade.
When Lehman went public in 1994, the profit was only 75 million US dollars, and the return on equity was only a pitiful 2.2 percent.
Compared with Han Xuan, his company is now an out-and-out "small company", unable to eat the market of credit default swaps in the real estate industry, so he tried to attract Han Xuan and other capital predators to enter the market, and credit default swaps (CDS) have made great progress in the past 90 years.
Lehman Brothers is one of the leaders, because of the good results, it has proved that the industry has a good future, so the group of people under Han Xuan reported his opinions to Han Xuan, trying to follow the intervention in this market.
It is strange that Han Xuan is not impressed, and the popularity of the real estate industry has made the credit default swap business flourish, that is to say, the real estate developer sells the house, the bank gives loans to the customers, and then the insurance company helps the bank to ensure that the customer will not cause much loss after defaulting.
From the point of view of this transaction, the real estate industry at the source of the industrial chain is the real steady profit, and the profit is huge, Han Xuan values this link, which has hundreds of billions of dollars of huge profits, if the customer who borrows from East West Bank defaults, the loss can be passed on to the insurance company, and his real estate company has already got the money from the bank in advance.
As for the final credit default swap, before the crisis really gets bigger and is about to burst, you can try to make a profit from it, which is why Han Xuan values this business.
Shaking hands with Mr. Dick Fulder, Han Xuan smiled and said, "Hello, I know you, you have done a good job in recent years. ”
A company with a profit of more than $500 million is just "good" in Han Xuan's mouth, Fuld is a trader, arrogant, arrogant, and fierce by nature, otherwise he would not have won the title of pit bull, if someone else commented on him like this, maybe he would be spit on.
And Han Xuan is different, he has the capital to evaluate it like this, not to mention the anti-heaven existence of Interstellar Investment, which shrouds Wall Street and has amazing performance, just the Paulson hedge fund that was casually tinkered with can be comparable to Lehman Brothers, which has a history of more than 100 years.
Fuld was very happy when he heard this, the smile on his face was even brighter, and he said excitedly: "I wanted to meet you a long time ago, but I haven't found a chance, about that business, I want to take the time to have a good chat with you, do you have time recently?" ”
"Recently, ......" Han Xuan thought for a while and continued: "Then tomorrow morning, about nine o'clock, you come to my company, the top of Building 220 South Central Park." ”
"It's right where I live, OK."
Fuld spoke: "I'll be on time for the appointment, it happens to be a holiday, and I haven't been busy lately." ”
Next to him, his assistant lowered his head, thinking that the meeting with the vice president of Citibank tomorrow morning would be postponed......
What do the rich talk about when they meet?
It can be seen from the conversation at the dinner scene at this moment that most of the topics are focused on real estate, bonds, futures, stocks, etc., and the other is travel, vacation, etc., and the women are talking about which school is good, why they have been there recently, etc., as for luxury goods and other things...... Who has seen which housewife and talked about which rag is of good quality?
Those things that ordinary people think are expensive are just daily consumer goods in their eyes, but in fact, the high-end brands that people are familiar with are prepared for the rich.
After Han Xuan arrived, a large group of people quickly gathered around him, the money Donald spent on decoration was not in vain, a whole floor was arranged with Mediterranean characteristics, the style was very tasteful, dark blue chairs and carpets, and several long tables full of snacks and drinks were quite exquisite.
His eyes swept around, and finally stopped at an old man with white hair and an old face, with a little surprise in his eyes, Han Xuan asked Donald, "Isn't that Mr. Madoff, wasn't he taken away by the police?" ”
Donald looked at it and whispered: "Yes, it is under investigation, it is estimated that it is his last good time recently, it took nearly 100 million dollars to get out of the sky-high bail, and now he is collecting evidence, and it is estimated that he will spend the rest of his life in prison."
It's miserable, what a beautiful thing it used to be, no one wants to talk to him now, for fear of getting into some trouble, Wall Street is like that, there weren't many people willing to help me when I was down, and now I stomp them all under my feet, which should be fully thanked to you. ”
When he said this, his tone was full of emotion, and the time when he could only consume ten dollars for a lunch is estimated that this guy will never forget it for the rest of his life.
Although the reputation is not good, Donald is a true character and understands the truth of Entubao, when Han Xuan invested a lot of money in him when he was at his most depressed, and now he has brought more than thirty times the income to Han Xuan.
Mr. Bernard Madoff, the former chairman of the NASDAQ, was put in prison by Han Xuan, but this is not treacherous, Madoff is a liar after all, and he has cheated many people's wealth, and the Ponzi scheme has played a new trick in his hands.
There may be something involved in Han Xuan who doesn't know, so Bernard can come out, otherwise it involves such a large amount of money, and the evidence is conclusive, it is definitely not easy to get out of prison, some time ago I met with Mr. Fujiwara Shoichi of Itochu Co., Ltd. in Japan, and promised him to help get compensation in advance, and this matter has been dealt with.
It was rare to find something that Han Xuan was interested in, and Mr. Fuld told him: "He has been miserable recently, he has been beaten on the street, and there are even taxis that want to hit him."
A sum of money was hidden by Madoff, and if he didn't say it, he would probably die. ”
Han Xuan looked at Fulder, and couldn't help but think in his heart: "When the subprime mortgage crisis breaks out, it is estimated that you yourself will not be much better." ”
Occasionally, he is also quite dark-bellied, as the saying goes: a smile on his face, and an MMP in his heart.
On this Wall Street, where money is only watched, there are not many real friends who do business without masks.
There is a saying that "you don't know how good your connections are when you borrow money", and status often fluctuates with wealth, which is a world of money......