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Chapter 52: All Tool People(1/2)

"All right."

Looking at David Mellon, Abel said: "Now that we know.

What should we do next? You must have experience, right?"

Almost every one of these Wall Street companies has been around for a little longer.

All have been investigated by the FBI or other departments.

To be honest, you want to make money all the time on Wall Street without losing money.

There are almost no people who do not engage in insider trading or manipulate the market.

The only difference is that for small and medium-sized companies, it is easy for them to commit suicide.

Giants like Goldman Sachs and Merrill Lynch were fined for playing this way.

Wall Street is very experienced in dealing with these investigations.

"I'm not good at this." David said, "Fortunately, we have a master who is very good at it."

Abel raised his eyebrows, thought for a moment, and said, "The director of our legal department?"

"That's right." David Mellon raised the "New York Post" in his hand and said with a smile:

"Ms. Caroline, there will definitely be a way. We can also let her handle the Murdoch matter."

Looking at the New York Post again, Abel said: "I'm still looking for American Express.

Although I didn't ask them to keep it secret.

But this matter was reported so quickly, and they are also responsible."

"Anything is fine." David Mellon put down the newspaper, "I will also check and see who is checking us."

Abel nodded, knowing that this was the only way for now.

He himself was actually not too nervous.

Firstly, it’s because I’ve known the inside story since I entered Wall Street.

He knew that sooner or later such a day would come.

Secondly, he is really upright and not afraid of being investigated.

And no matter what, he is now a rich man and a billionaire.

Cash flow is as high as more than two billion US dollars.

None of the top 100 people on the world's richest list has as much liquidity as him that can be used at any time.

And secondly, in case a problem is really discovered.

In other words, it is very dark, and everyone unites to deceive him.

Then he also has the option of being a dog for the time being.

After those guys found out that he made so much money based on his skills.

It's impossible to really kill him, the best you can do is turn him into a money-making machine.

In other words, no matter what, there is a high probability that there is no danger to life.

No matter how bad it is, it just means that you can't dominate and be the master, but if you are prosperous, rich, beautiful, and have cars and a mansion, it's really not a big problem.

If that were the case, he would admit it.

At that time, I can only hope that my father will help me.

The latter one is the worst possible scenario.

The most likely possibility is that the problem cannot be found and nothing can be done about it.

If it's even close, you'll be fined a lot.

To say he was worried was not true.

Since he was taking this path, he had already been mentally prepared.

The office location in Queens will be renovated and adjusted for another month.

Currently, we can only work in the Woolworth Building.

Someone is investigating him, but Abel has no intention of stopping his attempts to make money.

The cute green papers that smell like ink are his greatest confidence.

He and David came out of the office and walked to the trading floor.

The trading floor of Smith Capital is similar to the one in the movie "The Wolf of Wall Street".

The layout of most American financial companies is also similar to this.

Seeing the boss and general manager walking out, the originally lively hall suddenly became quiet.

Fortunately, David Mellon is here every day.

But the boss doesn't appear in the company very often.

Once the boss appears in the company, it often means they have a new job.

These elite traders and analysts all stopped what they were doing.

Everyone concentrated their attention and looked at the general manager and chairman.

Deputy General Manager Melio also walked up to the two of them at this time.

Melio Jones, another Jones, 51 years old, former deputy director of the logistics department of Lehman Bank.

He almost joined Smith Capital together with David Mellon.

Compared to David Mellon, Melio is best at doing logistical work, which is what he used to do at Lehman.

After coming here, his main job was to assist David and meet the boss's requirements.

For example, Melio was responsible for the renovation of the new office building in Queens and the subsequent relocation of the company.

To put it mildly, he can be regarded as one of Abel's right-hand men in Smith Capital.

David is the powerful right arm, and he is the auxiliary left arm.

"Stop what you are doing."

When you step onto a platform, there is a blackboard at the back.

David Mellon picked up the microphone and shouted loudly: "Wolf cubs, your alpha wolf is going to launch a new hunt!"

As soon as he finished speaking, the audience suddenly cheered.

Analysts and traders were all delighted.

Smith Capital is different from other financial companies.

Most financial companies, excluding management, have more than ten types of positions internally.

For example, Goldman Sachs Group,

An analyst position includes operations analysts, business analysts, financial analysts, technical analysts, investment banking analysts, and many other positions with clearly defined responsibilities.

There are also intermediate and advanced levels here.

This is just an example.

Among the 32,000 employees of Goldman Sachs, the largest number is the vice president.

Translated into Chinese, it means vice president.

Throughout Goldman Sachs, there are approximately 12,000 VPs.

More than one third.

In other words, Goldman Sachs has 12,000 vice presidents....

This is mainly because, in other industries.

The vice president is often a high-ranking and senior position.

But in investment banks, VPs can only be considered middle-level.

In terms of status, it is roughly equivalent to the rank of a country boy.

When David Mellon was at Goldman Sachs, he was a senior VP who was about to be promoted to department head.

In investment banks, all kinds of analysis are usually at the bottom.

This is the situation of Goldman Sachs Group, and it is also the situation of financial giants similar in size to Goldman Sachs.

Smaller financial companies are actually similar.

That is, there are fewer people and fewer positions.

In Smith Capital, there is no such thing as VP.

In addition to David Mellon, there is also Melio, and more than a dozen staff responsible for logistics and administrative work.
To be continued...
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