Vol 6 Chapter 294: Resolutely

Whether it is Goldman Sachs's Lauder Bellankfan or Morgan Stanley's McJin-Heng, their ability to control emotions is much better than that of Sun Zong, who is a woman and thinks that his backer is by his side.

But at this time, they couldn't help but change their faces.

Feng Yiping looked at their faces at this time very kindly.

At this time, in the winter of their hometown, the weather on the days without the sun is the same as their faces.

Goldman Sachs' Lauder Bellankfan was originally an old gentleman with a loving smile on his face.

To be honest, when Feng Yiping first saw him, he was inexplicably favored.

Because of this old gentleman, that looks, especially when he laughs, is really pleasing.

But this old gentleman is not at all pleasing now, because he now has more white eyes.

His mouth was closed tightly, the corners of his eyes drooped, and the stripes on his forehead were several more than those on the tiger's head.

The chairman and CEO of Goldman Sachs, who succeeded Paulson, naturally cannot really be the kind of gentleman that outsiders usually look like.

If it is really a good husband, first of all, it is difficult for him to enter Wall Street, that is, if he can enter Wall Street, he would have been gnawed long ago that there is no bones left.

Lauder joined Goldman Sachs in 1997 because the company he originally worked for was acquired by Goldman Sachs.

At the beginning, he did not attract attention. Although Paulson did not have a retirement plan, his successor, within Goldman Sachs, had long been a consensus.

One is John Thornton, who has successfully developed Goldman Sachs' European and Asian business, which has laid at least half of Goldman Sachs, and the other is John Thain, who is already the CEO of the NYSE at this time.

The latter, Mr. John, is rumored to be in charge of Merrill Lynch, one of the five largest investment banks on Wall Street and ranked third.

But it was these two talents who were not only outstanding, but also had worked at Goldman Sachs for more than 20 years. They were quickly defeated in front of the silent Lauder.

When Lauder joined Goldman Sachs in the sixth year, both within Goldman Sachs and critics, it was clear that he was the best candidate to succeed Paulson.

So in 2003, the two had long been optimistic about John, but knew that he had no hope of succession, left Goldman Sachs.

Later, after Paulson became the Secretary of the Treasury, Lauder undoubtedly became his successor.

How could this be a good gentleman?

This is a good gentleman who can eat people without spitting out bones, and smiles when eating people.

Lauder, who had no smile on his face, looked at Feng Yiping for a while. Seeing Feng Yiping looking at him coldly without retreat, he quickly looked away and looked at the third person in the meeting room. At last, he raised his head and looked at the ceiling.

The third person in the conference room, McJin-Heng, chairman and CEO of Morgan Stanley, looks completely different from Lauder of Goldman Sachs.

Lauder smiled most of the time and looked very relaxed, but most of the time, this man looked like a stressed out.

To say that Mr. Mak is really ill-fated.

In 1994, at the age of 49, he successfully served as the CEO of Morgan Stanley.

Three years later, he successfully initiated a large-scale acquisition of snacks and acquired Tianhui, which was three times the market value of Motorola at the time.

It was precisely this wonderful merger and acquisition led by him that changed his career.

Pei Xiliang, who was acquired by the company, insisted that since his market value of Tianhui is three times that of Morgan Stanley, he should be the person in charge of the merged company.

The new Motorola board of directors "letted" the former CEO Mai Jinheng to carry forward his style, but he had no choice but to demote one level to become the COO.

Three years later, Pei Xiliang not only did not resign, but Mr. Mai also found that he had been completely emptied in Da Mo. At this time, resignation was naturally his best choice.

Fortunately, during his years on Wall Street, he still left a good impression on many people. Credit Suisse First Boston quickly hired him as CEO.

Three years later, he sent his subordinate Brady\\Dougan to London to take charge of international business. The latter took advantage of this opportunity to cross McJin Heng, manage the relationship with the Credit Suisse headquarters, and more successfully obtained the group The chairman and co-CEO are highly appreciated.

Soon, Lao Mai was ousted from the position of CEO again...

Falling down twice in a row in the same place really makes people want to order a man cry for him. It’s not a sin to cry.

In short, on Wall Street, in the financial circles all over the world, Lao Mai’s troubles are really not there.

But if you have to sympathize with him because of this, and feel that he is too generous, then you are very wrong.

Old Mai has a very famous nickname on Wall Street, "Blade Mai Jin Heng".

The sharpness of his blade is really beyond the reach of ordinary people.

That is to say, his first move from the defeat of Morgan Stanley to Credit Suisse First Boston was to lay off 10,000 employees!

You know, the total number of employees of Credit Suisse First Boston at that time was 27,500.

That is, one out of three and a half people will be fired.

You have to know that the benefits of Credit Suisse First Boston at that time were not bad.

The so-called one general accomplishment is nothing but that.

At the same time as the high percentage of layoffs, Mr. Mak also allowed the remaining executives to significantly reduce their salaries. Of course, the saying to the outside world is, "He has successfully convinced investment managers who have enjoyed good treatment for many years with his personal charm. , Gave up more than 400 million U.S. dollars in cash income,"

Anyone who has worked will know that this must be bullshit.

People agree to a salary cut based on personal charm? Which boss’s charm makes him rich?

What's more, he was still an old gentleman in his fifties, and not a big beauty with alluring colors.

Besides, after many years, he can successfully drive Pei Xiliang away, get everything that belongs to him, and stage a return of the king... That means, that mind, that perseverance... all have to be perverted!

Sympathize with him? Be careful of yourself!

At this time, this Mr. Mak, who always seemed to always look bitter and frowned, looked even more distressed.

Mouth pursed, eyebrows frowned, nasolabial folds and forehead lines are very obvious, and the eye bubbles look the size of an orange.

He looked at Feng Yiping and said solemnly, "Feng, no one knows the current situation better than you. I think you should be equally aware of our situation."

"Goldman Sachs is okay, because we all know that Goldman Sachs' stock price has risen slightly from the same period last year."

"And we have dropped by nearly 20% year-on-year,"

Lauder, who was originally looking at the ceiling, immediately stared at Mai Jinheng fiercely. You old bastard, just complain. Why do you pull me in?

To say, this is indeed something he is very proud of.

At present, although the stock price of Goldman Sachs seems to be higher than the same period last year, it has only risen by less than 5%. Looking at it alone, it is not a good performance in any case.

But the other four of the five major investment banks on Wall Street, Morgan Stanley, Merrill Lynch, Bear Stearns, and Citigroup, all have their share prices dropped by 20% or more. By comparison, it is not unusual for Goldman Sachs to have such a performance. .

"Feng," he also said, "we also have a lot of..."

But Mak Jinheng didn’t want to give him a chance to chip in. “We all know that the situation next year will never be optimistic than this year.”

"Under such circumstances, I really hope Feng you can understand our difficulties,"

"It's not that we don't want to fulfill the agreement, it's not that we don't want to deliver the high returns that should be given to you next, but that we really don't have the ability to fulfill the agreement,"

"Frankly speaking, it's not a reward for you. I'm worried about whether we can survive next year's crisis."

"Of course, Goldman Sachs is different from us, they should have the ability to fulfill the agreement,"

Lauder immediately hated him with hatred, so can you please stop aiming at me like this at this time?

"Feng," he laughed again.

Seeing his smile, Feng Yiping frowned.

That smile is a bit dark~www.wuxiaspot.com~ Goldman Sachs and you are also old friends. I don’t need to hide anything in front of you. The current dilemma we are facing will only be greater than Morgan Stanley’s."

"The pressure we will endure next will only be greater than them..."

Feng Yiping waved his hand, "Alright, alright,"

"I know what the two of you think and want to say, and I also know that the two of you may feel very annoyed at this time,"

"But I just find it funny,"

funny? Where is it funny?

"The heads of the two investment banks that are in charge of the world's most famous investment banks actually find various reasons not to fulfill the signed agreements. If this is not funny, what else is there?"

He knocked on the table, "I repeat, even if the two companies go bankrupt by then, we will definitely pass the bankruptcy committee and get the proceeds that should belong to us,"