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Chapter 191: AMC Reform and Mr. Pei(1/3)

Ever since Abel entered Wall Street.

It can be said that he and the Wall Street giants have always been in a state of perfect harmony.

Most of his wealth comes from the international market.

Mainly in the foreign exchange market, precious metal futures market and international crude oil market.

His investments in these places.

They are all operated through Wall Street giants.

Just interest and commissions.

In just one year, Wall Street giants may have made hundreds of millions of dollars.

Not to mention, the flow of his funds can be watched by anyone.

It also made many Wall Street giants drink a lot of soup.

He has always impressed Wall Street.

It’s the second Peter Lynch——

The kind of person who is honest and well-behaved and is happy to make money for everyone.

But Abel certainly doesn’t want to be the second Peter Lynch.

What are the benefits of being a stock angel?

I chose to retire when I was in my forties.

What's the point?

He wants to be himself.

He also wants to be one of the giants, even the most powerful giant.

He wants to start his own business.

This led to his shockingly high valuation quote at the investment reception on the 15th of last month.

That offer was originally a rejection and a thousand miles away.

Even if he later gave a considerable gambling agreement.

Still no madman is willing to agree with his valuation.

This also gave him a second step plan

He started to start his own business.

Abel began to become the boss of a medium-sized commercial bank through mergers and acquisitions.

The first few are fine.

The latter one has Abel's own bank.

This is why Wall Street giants cannot tolerate it.

Because Abel has his own bank.

This means that Wall Street can no longer monitor the flow of Abel's funds at will.

It also means that Abel allows Wall Street giants to earn very comfortable commissions and interest.

It may be gone in the future.

In their eyes, he is a very high-quality future cash cow, the second Peter Lynch.

I actually want to be like them.

After that, the treatment he received from these Wall Street giants was naturally different.

He began to be regarded as a kindred spirit and began to be treated with hostility.

This is why the entire Wall Street began to be somewhat hostile to him.

But in fact, this kind of hostility is not hostility.

Because any giant that has established a foothold on Wall Street.

The entire Wall Street treats it with this attitude.

Simply put, every Wall Street giant.

They will all be hostile to other Wall Street giants. This hostility is consistent and "fair".

Whether it's Abel, Goldman Sachs, or Lehman, the treatment is the same.

This is the hostility and pressure that any company or individual who wants to become a Wall Street giant must endure.

No one can avoid it.

The time has come on the 30th.

When there are only the last two days left in the year &0.

Smith Capital has used US$21 billion in credit lines with three banks.

Although there are still US$20 billion in credit lines that have not been used.

But the floating losses on Smith Capital's account have reached US$250 million.

In other words, Smith Capital has lost $250 million in two days.

Some Smith Capital employees in the safe house state are already shaken.

However, their boss still insisted on short selling.

Only invest funds in the short position of USD/JPY.

as a fight

Workers, including David Mellon.

They didn't dare to persuade the boss at this time.

We can only look at the boss to see if he has any preparations ahead.

But their boss left Smith Building on the 30th.

Abel, who was supposed to be at the scene to monitor the transaction.

Appeared at the headquarters of American Classic Movies Cable.

It is also the headquarters of AMC Television, one of the cable television stations in the United States.

&TV station was originally one of the TV stations controlled by Rainbow Media Holdings Group.

But about a month ago.

It was acquired by AB Smith Entertainment, a subsidiary of Abel.

& TV Station, officially became a wholly-owned subsidiary of A Smith Entertainment.

Become Abel's company.

This means that TV Station A has also become a brother company of MGM.

The problem of not having a good source of movies that has bothered me for many years was suddenly gone.

MGM has a library of more than 3,000 movies and a library of more than 4,000 TV series.

According to the corresponding fees and regulations, it is open to TV station A for authorized use.

In the past, in this regard, sometimes I was so "poor" that I had to play black-and-white movies, but suddenly I became "rich".

The management of &, also at the request of A Smith Entertainment, immediately adjusted the development direction of the TV station.

& TV station, began to broadcast MGM's more popular movies.

This attracted many viewers, and a small number of commercial advertisements began to be inserted into TV programs.

Since both the show and the movie were relatively new to the network, ratings increased by more than 5% in one month.

The reason why Abel appeared at the headquarters of AMC TV station today.

Naturally, he came prepared.

Abel just arrived at the company not long ago.

It was announced that the original general manager of AMC, Man Lester, was fired.

In the name of chairman, Abel was appointed to work at HBO TV station before.

At HBO, Richard Plepler serves as senior deputy communications officer and advisor to the CEO.

Jean Richard Plepler becomes the new general manager of AMC Television.

Richard Plepler is a very capable man.

In parallel time and space, he is called the father of HBO.

before he became CEO of HBO.
To be continued...
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