Chapter 52

Chapter 51: All staff tools

"Alright."

Looking at David Mellon, Abel said, "Now we know.

What should I do next? Maybe you should have some experience, right? "

Almost all of these Wall Street firms have been around a little longer.

has been investigated by the FBI or other agencies. Seriously, on Wall Street, I want to keep making money and not lose money.

There is almost no one who does not play the game of insider trading or market exploitation.

The difference only concerns small and medium enterprises, and it is very easy to kill them with these things.

Giants like Goldman Sachs and Merrill Lynch have been fined for playing this way.

Wall Street is very experienced in responding to these investigations. "I'm not good at this." "Fortunately we have an owner who is very good at this," David said.

Abel raised his eyebrows, thought for a moment, then said: "Our chief legal officer?

"Right." David Mellon held up the "New York Post" in his hand and smiled and said:

"Miss Caroline, there must be a solution. And Murdoch, I can let her handle it."

Looking back at the New York Post, Abel said: "I'm still looking for the Express.

Even if I don't ask them to keep it a secret.

But it was reported too quickly and they are also responsible for that. "

"It is good." David Mellon handed in the note: "I'll also check to see who's watching us."

Abel nodded, knowing that was the only way to go. He himself is not too worried.

One of the reasons is that since stepping foot on Wall Street, I have known the story inside this place.

He knew sooner or later that day would come.

Second, he is really honest, the type of person who is not afraid of being controlled.

And anyway, he is now a rich man, a billionaire. Cash flow amounted to more than two billion US dollars.

The 100 richest people in the world do not have enough liquid capital that they can use at any given time.

And again, in case the real problem is discovered.

Or very dark, everyone comes together to confront him.

He then also gains the ability to temporarily become a dog. These people, after discovering themselves, were making a lot of money from their skills.

It's really impossible to kill him, the best way is to turn him into a money-making machine.

That is, in all cases there is a high possibility that it is not life-threatening.

No matter how bad it is, it's just not being able to be a powerful master, but that's really not a big problem for rich people with nice cars and fragrant villas.

If so then he will admit it. At this point I can only hope for my father's help.

This last possibility is the worst.

The biggest possibility is that the problem cannot be detected, so ignore it.

If you are nearby, you will be fined a small amount.

He said how worried he was, which was true. Since taking this path, he has long prepared himself mentally.

The Queen's Office will take another month to renovate and adjust.

Currently, they can only work at the Woolworth building.

Someone is investigating him, but Abel has no intention of stopping making money.

Green sheets of paper fragrant with ink are his greatest confidence. Walked out of the office with David and both headed towards the trading floor.

Smith Capital's trading floor resembles the trading floor in the movie "The Wolf of Wall Street".

The structure of most American financial companies is similar to this.

Watching the boss and general manager walk out, the normally vibrant room suddenly became silent.

David Mellon is doing well, he's here every day. But the boss is not always present at the company.

Once the boss appears in the company, it usually means he has a new job.

These elite traders and analysts have all stopped their work.

Everyone focused their attention and looked at the general manager and president.

Deputy General Director Merio also walked towards the two at this time. Melio Jones, another Jones, 51 years old, former vice president of logistics at Lehman Bank.

He almost joined Smith Capital with David Mellon.

Compared to David Mellon, Melio is best at logistics, which is what he did at Lehman.

After coming here, his main task is to support David and at the same time meet the boss's requests.

For example, the renovation of a new office building in Queens as well as the company's subsequent relocation were both Meriot's responsibility. Simply put, he can be considered one of Abel's right-hand men at Smith Capital.

David is the strong right arm, he is the auxiliary left arm.

"Stop what you're doing."

Go to a place that looks like a podium, with a blackboard behind it.

David Mellon took the microphone and shouted loudly: "Boy Scouts, your wolf leader is about to start a new hunt!

As soon as the voice ended, the audience immediately applauded.

Analysts and traders, rejoice. Smith Capital, unlike other financial companies.

Most financial companies, with the exception of management, have more than 10 internal positions.

like Goldman Sachs,

Analyst positions include operations analyst, business analyst, financial analyst, technical analyst, investment banking analyst, and many other clearly defined positions.

There will be intermediate and advanced levels.

That's just an example. Among Goldman Sachs' 32,000 employees, the largest is VP (Vice President).

Translated into Chinese it means vice president.

Goldman Sachs has about 12,000 vice presidents.

More than a third.

In other words, Goldman Sachs has 12,000 vice presidents.

This is mainly due to other areas.

Vice presidents often hold senior positions and management positions. But in investment banks, VPs can only be considered mid-level.

In terms of status, it is probably equivalent to the subject level of a land turtle.

When David Mellon was at Goldman Sachs, he was a senior vice president, about to be promoted to head of the division.

In investment banks, all types of analysis are typically on the lower end of the scale.

This is the case for the Goldman Sachs group, but it is also the case for financial giants similar in size to Goldman Sachs. Small financial companies are actually similar.

This means fewer people and fewer positions.

At Smith Capital, VPs don't exist.

In addition to David Mellon, Melio and more than a dozen employees are responsible for logistics and administration.

The remaining 80 members of Smith Capital are all analysts and traders. Translated into Chinese, this means analysts and traders.

The job of analysts is to analyze the market conditions of different industries.

Evaluate the investment risks and benefits of various financial products and collect financial information, etc.

A trader's job is to follow orders from superiors and liaise with major banks and financial corporations.

Buying or selling financial products the company needs is more of a tool than an analyst. The entire company has the right to operate and invest independently.

From beginning to end there was only one person, that was the Chairman.

Even David Mellon is not allowed to invest more than tens of millions of dollars.

On Wall Street,

In a situation like Smith Capital, it is definitely a scorpion that collects excrement.That's why Abel doesn't mind checking. The entire company has the right to deal with him alone,

He doesn't have to worry that his subordinates will violate the rules without his knowledge, risking harm to the company.

Simply put, the entire company is equipped with tools.

is its financial instrument.

(end of this chapter)