Abel in David Mellon's resentful eyes.

While on the phone with another David.

New York City, 120 Broadway, Manhattan, World Financial Center.

Even if it is placed in the entire United States, the World Financial Center is still a landmark building in the United States.

Its designer is the famous architect Cesare Pelli. It is a complex of four skyscrapers.

Well, next to it is the Twin Towers, which Abel is very taboo about.

Merrill Lynch occupies the entire 34th floor of Building 4 of the four buildings.

Merrill Lynch,

Chief Financial Officer Charlie Schaaf is discussing the corporate bond department with President Stanley O'Neill.

Stanley O'Neal is an African-American, which is very rare on Wall Street.

Some claim that Stanley O'Neal is the new chapter of Wall Street.

It is a new trend in the financial world.

These accolades, coupled with Stanley O'Neal's own abilities.

This put him in a high position after working at Merrill Lynch for more than ten years.

Today, Stanley O'Neill is one of the presidents of Merrill Lynch.

But his power in the company is even greater than that of the CEO.

Because he has won the trust of shareholders and has top-notch maneuvering abilities.

Coupled with the appeal among black people, Stanley O'Neal has already been rumored to be the CEO of Merrill Lynch.

This made his reputation and strength in the company stronger and stronger, and the entire Merrill Lynch was about to become his monopoly.

Charlie Scharf, the Russian chief financial officer, happens to be Stanley O'Neill's man.

Therefore, what Charlie Scharf said at Merrill Lynch is sometimes more powerful than the current CEO.

"Charlie, I know you think highly of that young man." Stanley O'Neill said:

"But I think this is still too risky."

In a small conference room, Charlie Scharf looked at Stanley O'Neal.

He knew what O'Neal was referring to.

"Stanley, we're not the only ones making this decision.

Including Goldman Sachs and Lehman, they all made the same decision." Charlie Scharf said.

"But our quota is the largest. It's a total of 500 million U.S. dollars." Stanley O'Neill said.

"The greater the principal, the greater the profit."

"But the risks will also increase."

"Okay." Charlie Schar simply showed off his cards, "Boss, the contract has been signed and the funds have been transferred.

What's the use of telling me these things now?"

"I just want you to be more cautious." Stanley O'Neill shook his head.

In fact, this time, Merrill Lynch won a private placement share of US$500 million from Smith Capital.

At Merrill Lynch, many executives opposed it.

They feel the risk is too high.

But Charlie Scharf insisted, and Stanley O'Neill stood up for his own people.

So in the end, Merrill Lynch still took a share of US$500 million from Smith Capital.

It was just that Stanley O'Neill muttered many times afterwards.

Charlie Scharf was a little tired of hearing this, but there was nothing he could do.

Who is Stanley O'Neal, the leader, and the one who supports him the most?

Thinking like this, Charlie Scharf made a suggestion: "Maybe we can see where the Wolf of Wall Street invests his money?"

Stanley O'Neill hesitated for a moment, then finally nodded.

Merrill Lynch is one of Smith Capital's LPs and is qualified to supervise the flow of funds related to Smith Capital.

At the same time, Merrill Lynch, as one of the largest financial companies, is also one of Smith Capital's intermediaries and market makers.

Such a giant has the ability to monitor the flow of some of Smith Capital's funds on its side.

What?

Are you saying this is unethical?

Violated relevant financial regulations.

Oh!

This is what Wall Street does!

As long as the customer doesn't know about it, or the customer and relevant departments don't get caught.

That's no problem.

The two left the bond department and came to the customer department where they could monitor the flow of funds.

After the CFO and the most powerful CEO revealed their identities.

The relevant staff were of course extremely cooperative.

So soon, Charlie Scharf and Stanley O'Neill went through the secret channels of Lin Securities.

Understand the flow of some funds from Smith Capital today.

Stanley O'Neal and Charlie Scharf are both veteran financial figures.

Ordinary people will have a headache when they see it, and they can’t understand the flow of information even after seeing it.

They can easily identify the flow of some of Smith Capital's funds through judgment on this information.

"International crude oil and London gold?" Charlie Scharf said in surprise: "It seems that our Wolf of Wall Street wants to find food in these two fields."

Compared with Charlie Scharf's focus, Stanley O'Neal's focus is on the amount of funds.

"Twenty times leverage, 300 million U.S. dollars of capital. This is an operation volume of 6 billion. All of them are placed in London gold. Isn't the risk too high?" Stanley O'Neill said.

"It's only six billion dollars." Charlie Scharf said, "It should be fine."

"Charlie." Stanley O'Neill's voice became serious, "You have to know that we are just one of the middlemen of Smith Capital.

I heard they work with all the big banks.

So, with our US$300 million, other banks or financial groups should also have corresponding funds."

"If it's this amount, if it's this leverage multiple, it's all done in this way."

"Then you still think it should be fine?"

When Charlie Scharf heard the black president say this, he immediately thought of the direction Stanley O'Neal was thinking.

This made Charlie Scharf's heart beat faster, and he couldn't help but said: "It shouldn't be so crazy, right?

If all the funds flow like this, the number could be tens of billions of dollars?"

"It's crazy to invest tens of billions of dollars in the London gold market." Stanley O'Neill said.

"Charlie, you really gave me a big trouble!"

Hearing what the president said, Charlie Scharf's face turned a little pale.

And on the other side, here is the Woolworth Building.

Smith Capital, identified as "big trouble" by Stanley O'Neill.

After three hours of thrilling operation, it began to come to an end.

Just now, the United States released non-agricultural data for August this year.

There was an increase of 400,000 people, compared with the expected 850,000 people, and the advance estimate was 1 million. The actual announcement was far from the advance estimate and expectations, which was the smallest increase since January. At the same time, the unemployment rate was announced to be 8.2%, a substantial increase.

As soon as this news came out, the excited expression of David Mellon next to Abel turned into excitement.

After reading the entire relevant information, David felt that he just needed to write down the good news for gold on it.

Sure enough, London gold rose sharply afterwards, turning from fluctuations to rising, rising by 7 points, or 0.512%.

The sideways trading period lasted for a short time, and then more news was announced one after another.

"The situation in the desert area is deteriorating"

"European Banks Release Dovish Stance"

"The inflation rate increased by 3.2% from the previous quarter"

"Neon Central Bank Announces Interest Rate Cut"

"The Fed Moderates its Attitude"

"."

Report after report is filled with wealth codes that are good for gold.

At this time, David Mellon, who was beside Abel, was already jumping and shouting like crazy.
To be continued...