May 21.
Gale capital investment company, Wall Street, New York.
Today, Henry eugenberg, the head of Dafeng capital investment company, and several key members of the team will make a full-scale formal report on the financial and accounting situation of the Asian financial crisis from the end of December to the middle of May to Zhuke, the chairman of Dafeng capital investment company.
In fact, it's not just gale capital that is making a closing inventory!
All the major investment companies on Wall Street closed in May. Of course, there is no denying that this is the reason why Asian countries and regions have survived the financial crisis; There's another reason, and that's the fourth of Wall Street's seven laws - the May clearance rule.
"Let's go."
With the order of Zhuke, everyone in the meeting room was in a good mood.
Henry eugenberg got up, turned his back to the projector and said in a loud voice, "boss, everyone. From December 29, 1997 to May 16. We used the company's balance of 55 million US dollars to fight in Japan's foreign exchange market for the second time, and then with a group of international speculators, we killed back the financial markets of Southeast Asian countries and regions, squeezing wealth again and again. "
"At present, this part has made a profit of 270 million dollars!"
The voice fell.
Everyone present, including Zhu Keju, applauded warmly.
Although the profit of 270 million US dollars is far less than the profit of more than 1.4 billion US dollars in the first and second stages of the financial crisis, it is quite remarkable to be able to make this money in the treacherous "Post Asian financial crisis".
After all, in the whole financial crisis, the majority of profits were concentrated in the early and middle stages. In the later stage, with the adjustment of financial industrial policies in Asian countries and regions, there was not much left.
Of course, Zhuke has a high heart!
You know, the 55 million dollar principal belongs entirely to Zhuke's personal investment.
Well, even if we have to deduct a part to Henry and the specific operators, the remaining funds are still more than $220 million.
Therefore, there is no doubt that Zhuke's overseas personal account will add another fortune.
"Henry, let's talk about the earnings of the external investors we've absorbed, well, including the funds of external investors." Chuck said with a smile.
"OK, boss!"
Henry eugenberg responded and extracted another document from the information in front of him.
"Boss, everybody. As of the 16th of this month, we have attracted 8812 external investors, with a total of 610 million US dollars. "
"After several consecutive days and months of operation, the fund has now been converted into $740 million."
"Half year profit ratio is 0.21%!"
"Therefore, although our total operating capital is nothing among the major investment companies on Wall Street, our profit ratio in the past six months is more than 84%. Well, it's still because the financial crisis has caused the wealth of major investment banks to soar. Otherwise, our profit ratio will definitely exceed 91%. "
The voice fell, and everyone was excited again.
Zucker is also very pleased.
I never thought that I could make so much money by absorbing external investors.
It is a normal and reasonable financial investment company to absorb the funds of external investors and use this part of the money to invest in gold, stock market, foreign exchange, silver, crude oil, bonds, etc., so as to earn price difference and service fee.
"The Wall Street investment company, does not need own money to invest!"
——Wall Street rule 3.
Zhuke's previous investment behavior in the foreign exchange market, strictly speaking, is not the normal operation of a qualified financial investment company.
After all, it's Zucker's own money!
"Henry, what's the minimum return we're committed to Asked Zucker.
“8.5%。 The first period of income is 8.5%, and the first period lasts for three years. " Henry responded.
what the fuck!
I don't know. After calculation, Zhuke found that it was a very profiteering act!
After a moment's thinking, Zhuke said, "according to you, the average investor we currently absorb is only $69000? no way! The threshold is too low. We need to raise it! "
Henry nodded and turned to another executive of the company.
——Andy chernope.
Andy Chenault, also a senior Wall Street practitioner, got up and said, "boss, in fact, Mr. eugenberg and I are already thinking about the threshold of access to capital."
"Oh?"
For a moment, Zhuke became interested.
"Boss, after one month's data collection and half a month's discussion, we have drafted a proposal on the amount of entry threshold."
A temporary proposal is naturally presented in front of Zhuke.
100000 dollars!
Yes, the amount of capital access threshold has been raised to $100000!
In other words, if you don't invest more than $100000, gale capital investment company will not accept it.
Do you cheat customers?
In fact, compared with large investment banks, Dafeng capital's US $100000 entry threshold is a brother.
The standard for large investment banks is basically to start with a million dollars.
At the same time, in this proposal, Zhuke saw that the maximum number of investors in each phase is 20000. This is to ensure that the minimum profit ratio can be ensured while achieving high returns.
If the plate is too big to bear, it is easy to have an accident.
Like the Madoff scam!
Bernard Madoff, former chairman of NASDAQ, is the largest financial fraudster in the history of the United States. His "Ponzi scheme" defrauded more than $60 billion. In June 2009, Madoff was sentenced to 150 years in prison for fraud in New York.
He is a very greedy guy!
His foreign investors promised a high return ratio, attracting a large number of rich people to invest in his foundation.
You say, what if you don't make money?
Tear down the east wall and make up the west wall!
As a matter of fact, Bernard Madoff's foundation can't achieve his promised return ratio at all, so it can only lie and cheat, and absorb the funds of new investors to supplement the income of old investors.
Paper can't hold fire!
In the end, he can only end miserably!
Part of his failure is that he won't refuse anyone who comes and the dishes are too big!
.......
After the meeting.
Zhuke and Henry had a long talk on the partnership system of Fengfeng capital and the distribution of shares in the company.
you 're right!
Zhuke will share 35% of gale capital and distribute it to Henry and the team. Wind capital, which is solely owned by Zhuke, will be transformed into a normal financial partner investment company on Wall Street!
Would Zhuke like to?
Only "yes"!
Financial investment companies to put it bluntly, mainly to see the ability of talent!
If you don't give them shares in the company and let them become partners, they will definitely switch to other companies the next day with the company's resources and personal resources, without integrity and loyalty.
You must not doubt that this kind of thing is on Wall Street every day!
Soros's quantum fund, Merrill Lynch and other large Wall Street investment banks have a partnership system!
"The first watch" is presented.