Chapter 504: Response (Asking for Subscription, Asking for a Monthly Pass)
The president of Huajin Securities is Sophia. Green, but she often has to be busy with the work of Joaquin Capital, so many times the decisions are handed over to the vice president.
The vice president's name is John. Sain, is Steve. The elite that White personally poached from Goldman Sachs.
Ji Sheng recalled this person's information, John. Sain graduated from the Massachusetts Institute of Technology in 1977 and received an MBA from Harvard University in 1979.
What's more, Ji Sheng is very interested in John. Sain knows much more than meets the eye of the times.
According to the experience of modern society, John. Sain later rose to the position of president and chief operating officer of Goldman Sachs, and his annual salary reached a terrifying $20 million in 03 years. When Sain would have created more glory for Goldman Sachs, he resigned and went to the New York Stock Exchange. Within three years of taking over, Sain turned the mess into a global stock exchange!
The beautiful national media even described John as "more than the sum of the reforms of the New York Stock Exchange for more than 200 years". The great splendor that Sain brought to the New York Stock Exchange.
It can be said that John. There is absolutely no doubt about Sain's ability.
However, when the call came through, John. Sain came up and said, "Mr. Sheng, the company is in great trouble!"
Ji Sheng was shocked at that time. Sain said this, I am afraid that Huajin Securities Company is indeed in great trouble, he hurriedly asked, "What's wrong?"
John. Sain's tone was very calm, quite a general's style, "Or the problem left over from the company's rapid development, the company has not obtained trading seats in major exchanges before it was spun off from Huajin Capital, but it is only attached to the business of State Street Bank, just recently the contract expired, originally I was negotiating with State Street Bank to renew the contract, and then prepare to join the major exchanges next year to become a member and then apply for a seat, but State Street Bank's refusal to renew the contract disrupted my plan."
This is really a legacy of the company growing too fast.
Although you can handle business for customers without an independent trading seat, it will be very "overwhelming".
Why?
The so-called independent trading seat is specially opened for investors to open a speed channel, with an independent offer system, we can understand that there are many channels on a highway, the most walked channel may be the ordinary slow channel, and for some opened VIP trading channel can take the fast lane, and for some of the independent trading seats can be understood as a dedicated channel, all the way unimpeded, the speed directly determines the time when your order is accepted, at the same price, If the order is placed at the same time, those with independent trading seats can skip the queue and directly give priority to the transaction, especially in the process of playing the board, its role is undoubted.
Other companies have independent trading seats in major exchanges, but your company does not, so it is clear who customers will choose at a glance, right?
Ji Sheng didn't worry about these things at all because of his cooperation with State Street Bank before, but now State Street Bank is unwilling to continue to provide such services, he knows that Huajin Securities Company must rely on its own strength to obtain seats on major stock exchanges, "I remember that it is not difficult for a beautiful country to get a seat, right?"
"It's not difficult to get a trading seat in China, and if you can't do it, you can find other companies to buy it." John. Sain paused, "The difficulty is that those overseas stock exchange trading seats, generally the stock exchanges of various countries are very strict with the review system for foreign securities companies to apply for trading seats, I am afraid that it will be difficult for our company to win in a short period of time, and then customers will lose confidence and will lose a lot of customers."
"What are the main stock exchange seats that are difficult to obtain?"
Ji Sheng asked.
John. "The London Stock Exchange, the Tokyo Stock Exchange, the Hong Kong Stock Exchange, Euronext
the Toronto Stock Exchange and the Bombay Stock Exchange, among others."
Ji Sheng thought for a while, "I can drag my acquaintances to help me get the trading seats on the Tokyo Stock Exchange and the Xiangjiang Stock Exchange as soon as possible, and the others are a bit difficult, I have to find someone to find a way."
John. Sain breathed a sigh of relief, "It's enough to get trading seats on the Tokyo Stock Exchange and the Xiangjiang Stock Exchange first, and I'll send someone to apply for a seat on the stock exchange in other places, so it's really not okay to share more profits and cooperate with Goldman Sachs first, after all, I am also a person from Goldman Sachs, and I can talk to their senior management."
Ji Sheng knew that there was only one way to go, "Okay, you and Goldman Sachs will sign a short-term contract first, and then we will apply for trading seats on exchanges around the world as soon as possible."
John. Sain said, "Yes sir."
Ji Sheng asked again, "Has anything happened to Huajin Securities Company recently?"
"The company talked to a few companies that were going to go public, and wanted to be their underwriters, and the conditions were negotiated, but I don't know why those companies regretted it again." John. Sain said with some regret: "If we can underwrite securities for those companies, it will definitely be a great performance for the company, and there are still a few companies that want to raise funds, and originally wanted to ask us to issue bonds, but later they also regretted it."
That's a lot more profitable than a personal business.
If it is understandable that only one or two potential partners who are interested in rejecting it, and the vast majority of them regret one after another, then it can only show one point, someone is behind the scenes.
Ji Sheng knew that someone was behind the ghost before he called Huajin Securities, so he didn't have to guess to know who it was, yes, it was the Rockefeller family.
"Okay, I see." Ji Sheng's mood didn't fluctuate too much, he just said lightly, "You do the things I explained to you first, and then talk about other things slowly when I'm free."
"Yes, sir."
John. Sain didn't say anything more.
After hanging up the phone, Ji Sheng sat at his desk and pondered again, and then couldn't help but laugh dumbly, he knew that the Rockefeller family was here for the purpose of beating himself and the Boston consortium to death this time, otherwise it would not be fully suppressed.
Almost all subsidiaries that make money on their own are targeted by it.
Needless to say, on the side of the Boston consortium, the core Boston First National Bank has been attacked.
Ji Sheng was still calm, "Lawrence. Rockefeller, this guy thinks this will bring me down? Let's see on Friday!"
On Friday, he will show the Rockefeller family and its coalition of conglomerates what it means to be ruthless!
But you can't do nothing before that, or you'll be looked down upon!
Ji Sheng narrowed his eyes and directly picked up the phone on the table.
"How's the contact with the law firm, White?"
"Sir, I contacted Davis Polk & Polk, and the other party said that he was willing to take on this case, but he asked for more money."
"How much does the other party cost?"
"The lawyer's fee is not much, mainly other expenses, and Davis Polis Law Firm promises to help us complete all aspects of case acceptance, application, witness, identification, evidence collection, etc."
"How much does that cost?"
"In addition to the fixed $2 million fee, they are also asking for 30 percent of the costs claimed after they win the case."
The fixed $2 million certainly does not include attorney fees, but the cost of the law firm to help collect evidence, find witnesses, etc., and it is true that there are a lot of people involved in breach of contract on Ji Sheng's side this time, and he is also ready to sue Chase Bank, and the fixed fee of $2 million is actually not much.
As for the 30% of the claim after winning the case, in fact, this fee is also in line with the fees of major law firms in the beautiful country.
After thinking about it for a while, Ji Sheng agreed bluntly, "Okay, you can sign a contract with Davis Law Firm as soon as possible, I hope to announce this news to the public as soon as possible to shock people's hearts."
White immediately said, "Yes, sir, I know what to do."
Meanwhile.
The outside world is also watching Joaquin Capital jokes.
Especially the guys on Wall Street, who learned for the first time that several subsidiaries of Huajin Capital had been targeted.
"This time, the consortium is really ruthless!"
"Isn't it, the Rockefeller family and the Morgan family have joined forces, and the Citigroup and several other medium-sized consortia are behind it, which can be described as menacing."
"The Boston consortium can still rely on its strong strength to resist for a while, and Joaquin Capital will be miserable."
"I've heard that Huajin Capital and several of its subsidiaries have been poached by Chase Bank, and now the company's operation is in trouble."
"Hey, man, you said that Huajin Capital and its subsidiaries are short of people right now, if we change jobs, can we get a high salary?"
"It's possible, but do you dare to jump ship when the future is uncertain? Don't wait until then, Joaquin Capital will go out of business in a few days, and we won't even get a job."
"Anyway, Joaquin Capital is quite miserable."
A group of financial people are talking about it when they hear the rumors, and they can't help but express sympathy between their words.
Of course, not everyone sympathized with Joaquin Capital's plight, and some people gloated over there.
For example, some competitors.
"Haha, Joaquin Capital can't make waves in a short period of time!"
"It's very gratifying to think that Huajin Capital and its major companies, especially Huajin Securities, relied on Ji Sheng's great reputation in the financial industry to grab customers from us, and now they have finally been sanctioned!"
"Do you think Joaquin Capital will give in?"
"What can you do if you don't give in? Now that the Rockefeller family, together with the Morgan family and several consortia, no matter how powerful he Ji Sheng is, how dare he argue with so many consortia?"
"Impossible!"
"Yes, haven't you noticed that Huajin Capital and Huajin Bank have been poached so many employees, and they have not responded so far? The company is running in a hurry, who do you have time to talk to?"
There are still quite a few people who gloat.
After all, the rise of Huajin Capital is too fast, and the cake of capital is so big, since the rapid rise of Huajin Capital, it will definitely move the cake of some people.
Actually, the ridicule is not bad.
Some people have started to spread rumors!
"Hey, did you hear that, buddy?"
"What?"
"Huajin Capital is going bankrupt this time!"
"Huh? How can it be? Doesn't Huajin Capital have a cash flow of as much as seven or eight billion US dollars, and with such a strong economic background, how can it suddenly go bankrupt?"
"You don't know yet? Huajin Capital's cash was all smashed into the stock market, and it was originally going to be used to acquire the outstanding shares of Boston First National Bank, but you also saw that Chase Bank did not make a move, and as soon as it made a move, it acquired 10% of the shares from a major shareholder of Boston First National Bank. This money is not to buy outstanding shares, and it is not to be acquired."
"But even so, it can't be said that Huajin Capital is going to go bankrupt, can't the money in the stock market account be returned?"
"Have you forgotten another news from Joaquin Capital before? They borrowed $6.8 billion from the bank, what do you think this money is used for? It must have been used to acquire shares of First National Bank in Boston, but now it has failed, and the interest paid every year is probably a large amount, plus Joaquin Capital has been suppressed everywhere and a large amount of business has been lost, what do you say is not going bankrupt?"
"Big news! Big news! Joaquin Capital is going out of business!"
"Joaquin Capital is in the mud!"
"Ji Sheng's myth is shattered!"
At first, these rumors were only circulating on Wall Street, but as the rumors intensified, gradually the major news media noticed them and began to grow
It was reported with fanfare.
There's no way, this kind of hot news can attract enough eyeballs, the news media only thinks about sales and ratings, who cares how authentic your news is.
As a result, in the evening, all kinds of news that were unfavorable to Huajin Capital sprung up like mushrooms after a rain.
Shocked! Joaquin Capital Tower will fall! 》
Is it a god-like investor or a loser? Ji Sheng lost more than $20 billion in just one year! 》
"Huajin Capital encountered a bankruptcy crisis, and employees jumped ship! 》
One article!
Five!
Twenty articles!
The major news media are like flies that smell the stench and swarm in, and they almost didn't report on Huajin Capital, and now it is out of business!
It is precisely because of this that the clients of Huajin Capital and its subsidiaries were all frightened when they saw these news, for fear that the bankruptcy of Huajin Capital would affect them.
As a result, the No. 20 and 30 employees of Huajin Capital, who had been busy all day without a break, were bombarded with endless phone calls before getting off work!
Many employees complained about it.
However, at this critical moment, Huajin Capital finally responded to the outside world!