In 2000,

August 25th.

Woolworth Building, Smith Capital.

David Mellon already knew that Abel wanted to relocate the company to Queens.

David Mellon didn't understand this, but he could accept it.

Overall, Queens is less secure than Manhattan.

But it's also much better than Brooklyn.

At the same time, Queens is very large, and the area where "Spider-Man" is located is a civilian area, and the security is poor.

In the comics, Spider-Man is needed to do a lot of chivalrous deeds.

But the location of the business hub, close to the Manhattan side, is much safer along the Hudson River.

The headquarters of many well-known large companies are also located here.

For example, Long Island Bank, General Electric Group.

There are also fashion brands Bulova, beverage companies Glacéau, general air companies JetBlue Airways, piano brands Steinway &Son, and so on.

"Amex helped me choose two places."

In the office, Abel looked at David and said, "One is the Kaufman Building, which is about 9,000 square feet on one floor, and you can rent up to three floors." ”

"Another option, not far from the Kaufman Building.

It is a four-storey building with an area of 10,000 square feet and an underground parking lot. ”

"Guess where I chose?"

"Kaufman Building?" David said, "You like high places. ”

"Wrong. I bought the four-story building. ”

Able shrugged his shoulders and said with a smile, "That way, you don't have to be neighbors with others." ”

David was curious: "Buy?" How much does it cost. ”

"It was a former supermarket, and it cost about $10 million to buy it. Carry out renovations. ”

"The price is $120 million, which is cheap."

120 million, very cheap?

David didn't know what "Versailles" meant, but he was in that mood right now.

But it's not a big deal, it's just a change of location.

Where to work is not to work, as long as it is not far from Wall Street.

He picked up a newspaper and raised it in his hand.

"Na~ The latest issue of the New York Post.

This guy Murdoch has published the fact that you spent $60 million on Long Island to buy a house. ”

Abel took it and looked at the report above.

Not in the first edition, in the third edition later, or the third edition headlines.

The headline of the report is "The Wolf of Wall Street's 60 Million Mansion."

The content and reporting style, as always, are very much in line with the tone of the New York Post.

That is the penchant for exaggeration and exaggeration, which is the usual way they use to engage their readers.

Looking at the contents and words inside, Abel frowned.

"This kind of title, this kind of textual description." "I don't like it," he said. ”

David said, "It's good that you know." Most readers will be jealous when they read this kind of report. ”

Abel looked up at David Mellon, "Do you want to talk to me about something?" ”

The latter nodded and whispered, "I've received some rumors." Someone is investigating us. ”

This is the advantage of finding a top second generation, who is also a Wall Street elite, to come over and act as his deputy.

Otherwise, with his connections on Wall Street, it would be impossible to know these things in advance.

Abel asked in a deep voice, "Why are you investigating us?" ”

David shrugged: "It is said that because of our deal, it is too "fine". ”

"Too "fine"? Abel was puzzled.

"It's mostly you." David Mellon said: "Dear BOSS, your investment and trading options are almost never missed.

It can be said that shrewdness is overdone.

Even Peter Lynch, Warren Buffett, they can't do it. ”

"Is that also a mistake?"

"Of course." David Mellon laughed and said, "They're not me."

I didn't follow you, I didn't see your boss in person.

Of course they don't believe it. ”

"So these guys are suspicious of me?" Abel Dao.

"Bingo. That's right. David said.

Abel thought for a while, and he drew inferences: "It is precisely for this reason that those people have not come to the door until now, right?" It's been five days. ”

"Chances are." David said: "These old guys, their news channels are more sensitive.

They are so greedy, it stands to reason that they should be here the next day. ”

"But no one has come so far. Then there is a high probability that they have also received the news. ”

The two of them are talking about the Hilton family's banquet a few days ago.

Charlie Scharf's affair with those Wall Street giants.

At that banquet, Abel made it clear to them.

Next, Smith Capital will conduct its first private placement.

At that time, these people were very interested.

They all said that they would come to the door soon to negotiate.

But after all this time, it's been five days.

None of these people have come so far.

This is an incredible thing on Wall Street.

Normally, these capital hyenas will come to the door early the next morning with the smell of money.

"Okay."

Abel nodded and said, "Then do you doubt me?" Dear David. ”

"Suspicious of you?"

"Hahaha~" David Mellon laughed, "What do you suspect boss?" Insider trading, market manipulation? Illegal transactions? ”

"Let's not talk about this, I participated in the whole process and knew everything."

"Even if you really want to engage in insider trading, your son of a farmer from Texas doesn't have such resources."

"It's pretty much the same if it were me.

But it's not as successful as you are.

Insider trading is not as successful as yours. ”

"Those guys." David took the New York Post from Abel's hand and pointed to the report on it—

"They're just jealous and suspicious of your success, so they're just doing something."

Following his movements, Abel saw the newspaper report again.

Abel suddenly said: "This report, maybe it's all a clarion call for attack?" ”

"Quite possibly." David was stunned, and after reacting, he thought about it and said.

"Then let them come." Abel is atmospheric and authentic.

He's been on guard for a long time.

Wall Street, it doesn't mean that you have very good financial skills and very good trading talents, so you can really gain a foothold.

The darkness in this is a hundred times more gloomy than the entertainment industry.

The only thing that can be darker than here is probably the political circle.

Since he came here, any of his financial transactions have been very open-minded.

All of them go through the major banks and are recorded.

Even the income obtained after investment, these earnings are not stingy in terms of taxes.

To put it mildly, he has paid taxes on financial earnings in the past ten months.

may pay more than giants such as Goldman Sachs and Merrill Lynch.

That's not to say that he makes more money than these giants.

It's just that he is afraid of being troubled, so he doesn't choose to avoid taxes, and tries to pay taxes as legally as possible.

In contrast, any company on Wall Street will try all kinds of ways to avoid taxes.

Most of them are legitimate, but a lot of them are reported.

It will definitely make the people very angry.

I make billions of dollars a year, but at the end of the year, I only pay tens of thousands or even hundreds of thousands of dollars in taxes.

Is this reasonable?

Many wealthy people are also in the same way that the taxes they pay a year are completely inconsistent with their income.

For example, Ah Ming, who is worth more than a billion billions, pays hundreds of dollars in taxes a year.

Legal tax avoidance in the United States is normal and legal.

But a lot of it makes sense.

Abel actually doesn't want to do this, because paying taxes reasonably is very painful.

But he knows the darkness of Wall Street, these protection money.

Even if it hurt, he turned it over to the IRS, which is the Internal Revenue Service.

In addition to this, he is particularly fond of donating.

Unlike the rich, who ostensibly donate money to their own private "charity" funds.

The kind that enters the right pocket in the left pocket.

His donation, like his donation to the New York Police Officer.

It's real money.

These donations and normal tax payments are all protection money he paid to prevent today's scene.

Fledgling and wanting to remain independent.

This approach is a choice out of desperation