Chapter 966: Building Friendship

On November 5, Vanguard Group announced that their chairman and chief administrative officer, F. William McKenna III, had resigned from all positions he held due to personal reasons and would be replaced by the company's chief investment officer, Tim Buckley. Positions of Chairman and CEO.

That night, McKenna III suffered a heart attack and died at home.

After receiving this news, Barron had to admire the efficiency of the Navigation Group. It seems that in order to end this matter as soon as possible and exit with an acceptable loss, they no longer have to worry about too much...

In the original time and space, McKenna III served as chairman and CEO of the Pilot Group until 2018 before retiring.

Now, because of a wrong choice, there are "unfortunate consequences."

In addition, after Tim Buckley, the new chairman and CEO of Vanguard Group, took office, the first thing he did was to sign agreements with financial giants including Goldman Sachs Group, Morgan Stanley and JPMorgan Chase. The shares held by Vanguard Group, including United Energy Group, SEM Group, DS Group and Woaw Technology, and other listed companies controlled by Barron, were transferred to these companies at agreed prices.

The "agreed price" they set was the price at which Barron's DS Group stopped operations and left a short-selling closing window for Vanguard Group, BlackRock Group and State Street Group.

Now that John Bogle has shown his "sincerity", Barron has implemented the plan set with him as agreed.

Even so, in this short selling, excluding other institutions that followed the trend, the three capitals also suffered heavy losses, and the losses were estimated to be around US$15 billion.

As for DS Capital's profit this time, it is conservatively estimated that it can reach US$16.5 billion - after all, closing such a large short position will inevitably require DS Capital to transfer some of the shares of these companies that they purchased at low prices. Among them, although the shares are transferred by agreement and no additional profits are obtained, the remaining shares can still increase profits by selling them after the subsequent stock price rises.

The institutions controlled by Barron, such as IC Capital and BFT Fund, are major shareholders of Wall Street capital including Goldman Sachs Group, Morgan Stanley and JPMorgan Chase.

During Barron's counterattack this time, these capitals were also quick-sighted and joined the long position in the listed companies controlled by Barron.

Although the funds they invested are limited, the profits they receive are definitely not as generous as those of DS Capital, but they can still make money by obtaining the shares transferred by the other party at the agreed price.

This is also Barron's move to win over capitals such as Goldman Sachs and Morgan after he understood that his relationship with Jewish capitals including Vanguard Group, BlackRock Group and State Street Group would become chaotic.

…

"Hello, Mr. Haig, I'm glad to have the opportunity to meet you today."

"It is an honor, Your Highness."

The guest who came to Barron's residence today is the current Foreign Secretary William Hague.

Speaking of which, Haig is currently the oldest member of Cameron’s cabinet. He was born in 1961 and is now 52 years old.

As early as when Hague was 16 years old, his speech at the Conservative Party's annual conference was praised by the then leader of the Conservative Party, Margaret Thatcher.

In 1995, Major appointed him Secretary of State for Wales when he reshuffled his cabinet after returning as leader of the Conservative Party.

In the 1997 Conservative Party leadership election, Haig, who was only 36 years old at the time and was not very eye-catching, defeated Clark, the widely-popular former Conservative cabinet finance minister, with an absolute advantage of 92 votes to 70 votes and became the conservative leader. The youngest leader of the party in 200 years.

Unfortunately, he was facing the invincible and charming Blair who had successfully reorganized the Labor Party.

Therefore, after the failure of the 2001 general election and the Labor Party's re-election, Hague announced his resignation as leader of the Conservative Party.

After that, he became one of Cameron's staunch supporters and was given the post of Foreign Secretary after Cameron took office.

Generally speaking, among the conservative parties, Haig has a position similar to "orderly neutrality". He is conservative on some issues, but he can also treat some issues moderately.

For example, he advocates reinstating the death penalty and lowering tax rates, but he does not oppose the marriage of homosexuals or the vigorous development of private education.

In his position as Foreign Secretary, Hague's positioning of the relationship between Britain and the United States is "strong, but not blindly obedient." He has been trying his best to correct the attitude of the former Labor government, especially Blair's blind "following" of the United States when he was prime minister.

Now, Haig no longer has much pursuit of his political future - in the original time and space next year, Haig will voluntarily resign as Foreign Secretary and serve as Speaker of the House of Commons, in order to adjust the cabinet members for Cameron. , adding new blood to leave room for the 2015 general election.

Therefore, there is no conflict between him and Barron's plan in planning the route, and he is a very suitable candidate for cooperation.

At the same time, Haig is also willing to establish a close "friendship" with Barron, the powerful Duke. Although the political ecology of England is far less like that of the United States, with too obvious "political families", in addition to political ambitions, Haig also needs to seek a better environment for his family to achieve continued prosperity.

Just like when Brown lost the position of Prime Minister, the Duke of Devonshire tried his best to seek the position of IMF President for him; and former Foreign Secretary David Miliband also became the chairman of the Prosperous Earth Foundation funded by the Duke after losing the competition for the leader of the Labour Party. These living examples make the current British politicians happy to establish friendship with him.

Of course, this time Barron and Hague met, in addition to establishing friendship with each other, there was another thing to talk about.

Friday, November 8.

Just before the weekend, many British newspapers and media began to report on the extramarital affair of London Mayor Johnson.

This included the "romantic affair" between American businesswoman Jennifer Arcuri and Cameron...

It is said that the two first met at a venture capitalist summit held in London in October 2011.

At that time, Arcuri, who was still studying for an MBA in England, pretended to be the head of a venture capital club to sneak into the high-end summit of the investment community, and cleverly used this identity to get close to Johnson.

The lover relationship between the two began on August 29, 2012, the opening day of the London Paralympic Games.

Some media revealed that just a few hours after dating Jennifer Arcuri in the hotel that day, Johnson, as the mayor of London, appeared at the opening ceremony in a well-dressed manner, accompanied by his then wife Wheeler and several members of the British royal family...

Of course, Johnson had many extramarital affairs before this, and his relationship with Jennifer Arcuri was the most concerned, because Johnson was suspected of using his identity as the mayor of London to provide Jennifer Arcuri with convenient conditions to enter the business world after graduation...

In the competition for reports by these media, Johnson also suffered huge public pressure as the mayor of London.

At this time, Barron had already left London...

On November 8, British Foreign Secretary William Hague led a delegation to visit Russia, and Barron arrived in Moscow as a member of the delegation.