1novels Chapter 300 The new journey after the wind stops and the rain breaks
Chapter 300 The new journey after the wind stops and the rain breaks
Sullivan suddenly felt that everything about him seemed to be in the hands of the smiling middle-aged man in front of him. Of course, the talents and channels of Merrill Lynch were not necessarily willing to be transferred by the BlackRock Group even if it was 5 billion US dollars.But the problem now is that the number of subprime mortgage bonds in the hands of Merrill Lynch is not at all inferior to that of Lehman Brothers.It's just that the arrest of Lehman Brothers was a typical exposure, and Merrill Lynch has not been suspected for the time being because of its good performance in the past.
When Sullivan saw how Lehman Brothers was struggling to support, he immediately felt chills.At this time last year, countless investment analysts were proud to have entered Lehman Brothers; now?Not only are graduates of related majors avoiding Lehman Brothers, but even Lehman Brothers employees are struggling to find a job-hopping job, and many partner-level executives are also trying to escape... If Merrill Lynch If the inside story of Merrill Lynch is uncovered, I am afraid that Merrill Lynch will not be worth 5 billion, but whether it can survive the bad luck of bankruptcy and liquidation.
But Sullivan still put aside the fear in his heart, and reminded coldly: "If Merrill Lynch falls, does Mr. Sherman think that Hualin Investment can survive? Don't forget, in the eyes of the public, Hualin Merrill Lynch Investment is a branch company established by Merrill Lynch Securities to fight for the East Asian and Southeast Asian markets. It can even be said that Merrill Lynch Securities and Hualin Investment are two sides of the same coin. If Merrill Lynch Securities cannot escape the fate of bankruptcy, then Hualin Investment cannot escape Aside from the fact that the China Securities Regulatory Commission and the Federal Reserve jointly investigated. Even if you, Mr. Sherman, can guarantee that Hualin’s investment is very clean, even if you have the best ability to convince the China Securities Regulatory Commission and the Federal Reserve, how many investors do you think will trust Hualin? Investment? So, Mr. Sherman, if you have any evidence against Merrill Lynch, I advise you to think more about your Waring Investment when you present it to the media.”
Jed smiled slightly, "Mr. Sullivan's reminder is really deafening, I didn't expect it. It's just that for our customers in East Asia and Southeast Asia, how many of them know the relationship between Merrill Lynch and Hualin Investment?" ?According to the original partnership agreement, Merrill Lynch will not set up offices in East and Southeast Asian markets, or actively promote the relationship between the two investment banks. So, I think it’s okay for the American people to know that we are a partnership. ?Firstly, I guarantee that my Hualin investment can absolutely withstand the investigations of the Federal Reserve and the China Securities Regulatory Commission; secondly, I happen to have a few friends in the Ministry of Finance and the International Trade Committee of Congress; Just be clear? Mr. Sullivan, when I go to Thorn Winery, I will definitely invite you to try our new red wine, which is made from new grapes."
Sullivan immediately held his breath in his chest, he didn't expect Jed to be fully prepared.After thinking for a long time, he finally said quietly: "Mr. Sherman, the amount of 3 billion US dollars is too lower than the board's expectations. Merrill Lynch can be sold, but the price part is really uncomfortable for us. .”
Jed was already happy in his heart. He didn't expect BlackRock to compromise so quickly. Now it's not a question of whether to sell it, but how to sell it.In fact, in addition to the investment management and transaction brokerage services involved in traditional investment banks, Merrill Lynch also has mutual funds, insurance, trust, annuity and liquidation services, which can be regarded as a comprehensive investment management company.But the investment bank requested by Jed does not need so many businesses. Businesses such as insurance, annuity and liquidation are originally involved in Huamei Financial Consulting Company, a subsidiary of East West Bank. Hualin Investment does not need this part at all.
Jade is interested in Merrill Lynch's investment channels and talents in North America.So Jed said: "$4 million. I only want Merrill Lynch's investment management department, and all other departments are left to BlackRock. I assume all the debts, but BlackRock must assume the contracts of all Merrill Lynch employees. Compensation. For those who need it, I will re-sign the contract with them; for those who don’t, please ask Mr. Sullivan and your group’s personnel department to find a way to deal with it.”
"Mr. Sherman really doesn't suffer at all." Sullivan smiled wryly.
Although it seems that Jade has raised the acquisition price of US$1 billion and given up some secondary departments, Sullivan is well aware that the contracts of those executives within Merrill Lynch are not so easy to handle.Since Jed wants to lose this burden, the contracts of these executives must be re-signed, and it is possible that nearly half of the executives will be directly fired by Jed.These unfinished contracts cannot be solved by $1 billion for BlackRock Group, especially the long-term employment lawsuits will definitely exhaust the legal department of BlackRock Group.
But the matter has come to this point, and it is meaningless for Sullivan to persist, so he had to say, "Then leave the rest of the details to the legal departments of our two companies. According to the agreement, the trademark of Merrill Lynch, Mr. Sherman How to deal with it?"
"We will keep this trademark." Jed thinks that Merrill Lynch is not a trademark that is not worth keeping, "The future Huamei Credit Group will be composed of Huamei Commercial Bank, Huamei Consulting Company, Huayi Investment Bank and Merrill Lynch Securities. Waring Investment Bank mainly serves emerging markets in Asia, while Merrill Lynch serves traditional markets such as North America and Europe."
"Since Mr. Sherman already has his own ideas, I won't talk too much." Sullivan is a person who can afford to lose. After standing up and shaking hands with Jed, he suddenly smiled, "I heard that Sherman Mr. Colombo is making a fund for his children. As far as I know, you and Mr. Colombo already have at least three funds? If you just make a fund for your children to ensure that they have no worries about food and clothing, we BlackRock Group or He has a lot of experience. If you are interested, why don’t Mr. Sherman and Mr. Colombo take the time to visit our group? I am looking forward to cooperating with you two.”
Jed didn't say what it was, just shook hands with Sullivan and saw off the guests.In fact, Jed and John intend to integrate the three funds into one fund to avoid cumbersome double taxation.The reason why there were three funds back then was a completely helpless choice. One is the Sherman Family Development Fund that has been handed down from the Sherman family, and the other two are the Jed Sherman Investment Fund and the Jed Sherman Investment Fund that Jed used to invest in North America. Colombo Asia Fund, which John invests in Asia under his name.The current plan is to integrate the latter two funds into the Sherman Family Development Fund to ensure that his two children can grow up without any worries.Although Jed once thought that fundbaby was a bad choice, but Jed really can't guarantee that his future generations will really be able to represent the elite, so it is also good to have a trust fund.Moreover, the inheritance tax in the United States is really abnormal. After being taxed by the federal government and the state government, one's descendants may not even be able to keep [-]% of their property.This is why the rich in the United States are keen to establish various funds. On the one hand, it is to avoid taxation, and on the other hand, it is also to prevent future generations from breaking the family foundation.
In 2, the 9st Academy Awards ceremony was held at the Kodak Theater.Originally, Jed didn't plan to attend this award ceremony. Although he had three films under his name, "The Dark Knight", "Iron Man" and "Kung Fu Panda", Jed knew that apart from Heathley Except for Jie being posthumously awarded Best Supporting Actor by the Oscar judges for his untimely death, the rest of the awards basically missed him.
What surprised Jed the most was that "Slumdog Millionaire", which can only be regarded as a mediocre work from both a commercial and an artistic point of view, has become a big hit at this year's Oscars.Also starting from this session, more and more exotic Indian elements have appeared in Hollywood movies, and even director Ang Lee couldn't stand the loneliness and lined up "Life of Pi".Of course, Jed knows that this is the effect of the public relations of Reliance Entertainment Group. Originally, "Slumdog Millionaire" should be released by Fox Searchlight and Warner Bros., but it was changed to Reliance Entertainment Group. I can admire Anil Abani's vision.
Reliance Group was originally an import and export trading company founded by Drubai Abani. After becoming a billionaire from scratch, Drubai passed away suddenly.Since there was no will, Drubhai's two sons, Mukesh and Anil, jointly inherited the Reliance Group.However, in order to avoid the conflict between the two brothers, Reliance Group was internally split into Reliance Industrial Group, which specializes in energy, industry and import and export trade; and Reliance Entertainment Group, which is engaged in entertainment and media.And Anil is the president of Reliance Entertainment Group, and also the actual speaker of Bollywood in India.
Reliance Entertainment Group established Reliance Pictures Group in the United States. In addition to distributing Bollywood movies, it also acquired DreamWorks and RKO Films.These two acquisitions caused a great sensation in Hollywood. When DreamWorks was acquired, because Jeffrey Katzenberg was dissatisfied with the acquisition, he established DreamWorks Animation and left; as for the acquisition of RKO, it was even more shocking. In the United States, although RKO was in a de facto closed state in 1959, this company is one of the eight giants in the golden age of Hollywood after all, and also owns classic movies such as "Citizen Kane", "Snow White" and "King Kong" copyright.
The news of this Indian entertainment company’s acquisition of RKO is no less than the acquisition of Columbia Pictures by Sony Pictures Entertainment Group. Some extreme people even asked Time Warner, Comcast and other domestic entertainment giants to take the initiative to acquire RKO to avoid the U.S. Pride fell into the hands of foreigners.
In Jed Sherman's capacity, he can completely skip the red carpet.But because I will have two films released next year, dealing with the media is indispensable.Therefore, Jed Sherman and John Colombo walked on the red carpet, and the media reporters were not tired of Jed, the eternal topic maker, and asked Jed Sherman their own questions.
And Sherman was also happy to answer one by one, and finally reminded: "Yes, next year I will have two films released. As far as the current shooting progress is concerned, "Harry Potter and the Half-Blood Prince" has basically been completed. Post-production editing and special effects work. As for the other movie, I have to keep it a secret. This will be a disaster movie that will make everyone’s adrenaline rush. We not only made the traditional 2D and 3D versions, but the imax version of 2D and A 3D version will also be released at the same time."
After bidding farewell to the reporter, Jed took out his mobile phone and sent a text message, "The 'Doomsday Plan' will be implemented!"