Regarding taking over Lehman Brothers, Stoffenberg-Lehman really regretted it at this time. Especially when I saw several founders of Microsoft the day before yesterday, after the Nasdaq rang the bell, I didn't know what to say. Although I have lived a life of fine clothes and food since I was a child, I have always felt that the family is in very good condition.
But when I actually took over the company, I discovered that it was not the case at all. At this moment, Lehman Brothers is not terminally ill, but it is not far from there. The company's employees are very confused and often invest blindly; resulting in a very low return on investment, and even frequent loss-making projects. That is to say, accountants are more powerful, and they can just balance the accounts; but how long can this operation last!
In fact, this kid also had a dream since he was a child, that is, to leave the family and start a new business like an ordinary person. But the reality did not give him this opportunity at all, and he became the CEO of the top five investment banks on Wall Street before the age of 30; it can be said that in history, they are all unique. It looks very beautiful and has a high weight.
However, the media reports are more reflected in his appearance and family background; as for his own ability, it seems that he has never been recognized.
After all, before serving as CEO of Lehman Brothers, Stoffenberg-Lehman really didn't have any dazzling achievements. The only position held may still be during school. However, the grades during school mean nothing at all; even in the eyes of Wall Street people, it is similar to playing Jiajia.
It is really hard to accept and understand that such a person suddenly becomes the executive director of a company with tens of thousands of people. In fact, the members of the Lehman family are of course not stupid, they just pushed Stoffenberg to the front. The main decision-making still needs to be controlled by them; this is also to prevent problems before they happen.
After all, young people are easy to be impulsive, and if they do things without thinking, they will lose the company if they do things that don't end well. That's why Stoffenberg envy Bill Gates and others.
In the company you create, whatever decision you want to make, you can execute it right the first time. But on the other hand, he looked at a high position and authority; but the order might not even be able to get out of the president's office. Such a CEO, what's the point of doing it.
Fortunately, in recent times, his family has not been so strict in his control. After all, in the case of Lehman Brothers, it's almost the same as whoever came.
Before, he thought about going all out and investing in Japan in the past. Stoffenberg is good at knowing how much he has. Since the ability is not particularly outstanding, then learn from the strong. Blackstone Fund can step on the point every time, isn't it enough to explain the problem!
Bao Zixuan basically gave up the American market, and all the people entered Japan; he must be very optimistic about Japan's economic development, at least there is room for investment. Otherwise, with the shrewdness of the other party, they will never do thankless things. Lehman Brothers can follow up behind, even if people eat meat, he can drink soup well.
But the family did not fully agree in the end, fortunately, in order to take care of the young man's emotions; he was allowed to spend 500 million US dollars and try it. It is the investment return of 500 million US dollars, which has now exceeded 1.5 billion, but in less than two years, the assets have doubled. This strengthens the determination to work with Bao Zixuan, but the Japanese market is too crazy; even Wall Street capital does not dare to enter the market blindly.
At this moment, I finally have the opportunity to cooperate with Bao Zixuan. It can be said that God has sent the money to his hands.
Stoffenberg-Lehmann persuaded family members yesterday that the board of directors could not wait to meet today. In fact, it cannot be called persuading family members, because everyone is optimistic about this project. Even if he doesn't introduce, he will be reminded. After all, about the Fucaira stock exchange market, the entire Wall Street has been sensationalized; it is estimated that no investment bank or fund can remain indifferent.
Stoffenberg-Lehman sat in the ceo position and took the lead: "Everyone should already know the content of the conversation between Heiyun Group Bao Zixuan and Goldman Sachs President Bruce Powers. I won't repeat it here, if not You know; then it just means you're not a Wall Street fit."
After being authorized by his parents, the boy's tone of voice was a little different. Not to say very arrogant, but definitely domineering.
In fact, this is also very normal. I have been suppressed for so long before, and today I finally feel a little bit turned over; of course, I have to show my domineering side. The family members still think that they are too young, and this time the delegation of power may not be the next time. Then you have to prove your ability on the board of directors, as long as all the directors support him; even if the family wants to oppose it, it is useless.
The investment in Japan has allowed the directors to see his ability and vision. Now it is the turn of other places, and the Fucaira stock exchange market is the best opportunity.
Seeing that everyone was silent, Stoffenberg-Lehman continued: "Everyone is very clear about the current situation of Lehman Brothers. Those problems are also understood. I want to get the company back on the right track and let investment The critics continue to believe in us; there must be enough sincerity, or a project that everyone agrees with.
"Fujairah stock exchange market is a very good project. Many oil companies in the Middle East are short of funds to develop. We can provide them with these funds, but they may not have believed us before. Once these companies are in Fujairah Going public. Then it is equivalent to opening a financing channel; when you want to invest in something, it will become very easy.
"Moreover, Bao Zixuan is very ambitious. The stock exchange market he established will not be small. If it is too small, it will go against its original intention. Although this is a threat to the U.S. stock market, the whole world is developing. It's inevitable. Not just Fujairah, but any regional stock exchange market in the world will be a competitor to the U.S. stock market."
"But for our investment bank, it is a great thing. Only by entering more stock trading markets, we will have more choices. Moreover, the Fucaira stock trading market is still in its infancy, and there will be opportunities in the future. Endless possibilities."
"Goldman Sachs can enter, and we must participate. This is the most important work of the company at present, and everyone must cooperate unconditionally. At the same time, the family also means this. I hope you can unite and make Lehman better."
The family has already agreed, so the other directors naturally dare not say anything more.
The top four investment banks have all taken action, and Bear Stearns, one of the five largest, will certainly not miss it.
Bear Stearns; founded in 1923, headquartered in New York, the fifth largest investment bank on Wall Street in the United States. is a leading global financial services company serving governments, businesses, institutions and individuals around the world. The firm's businesses cover corporate finance and mergers and acquisitions, institutional equity and fixed income sales and trading, securities research, private client services, derivatives, foreign exchange and futures sales and trading, asset management and custodial services. It also provides financing, securities lending, settlement services and technology solutions to hedge funds, brokers and investment advisors.
Although the overall strength is not as good as the previous ones, being able to come from the Great Depression period is enough to show that the strength is good.
Mike Stern Bell, a Bear Stearns heir with absolute roots. This kid was very special, even when he was in power; no one in the company dared to question it, or say anything against it.
The founders of Bear Stearns are Joseph Bell and Robert Stern; and Mike Stern Bell, the name seems to be related to both of them; it is true.
He is the grandson of Joseph Bell and the grandson of Robert Stern. This kind of identity seems to be born to inherit Bear Stearns; there is no one in the family who is more suitable than this kid.
It was even cultivated as a successor since childhood, UU reading www. uukanshu.com 12-year-old is eligible to sit on the board of directors, which is rare in the world.
At this time, Mike Stern Bell looked at the directors of the company and said very formally: "Bao Zixuan of the Black Cloud Group, throw a big cake, and then ignore it. I heard that he went to MIT to meet an old friend. ."
"But we are not qualified to ignore it, at least let customers see Bear Stearns' professionalism. I hope all colleagues can work together to come up with a solution that satisfies customers."
I will contact Goldman Sachs later. Even Goldman Sachs can't handle such a huge project. It definitely needs other investment banks, and this is our opportunity.
It can be said that Mike Stearns is absolutely calm enough, at least he knows where Bear Stearns' strengths and weaknesses lie. Some items must not be eaten alone; and with Bear Stearns' strength, they cannot be swallowed.
At this moment, Bao Zixuan has already mobilized the entire Wall Street; proving that the goal has been achieved. Next, we will see which plan is better and more beneficial to Fucaira.
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