America's Road to Wealth

All right.

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

What should I 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 agencies.

Seriously, if you want to make money all the time on Wall Street, don't lose money.

There are almost no people who don’t 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 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. She 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 the incident was reported so quickly, and they are also responsible.

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

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

He himself was actually not too nervous.

Firstly, since I entered Wall Street, I started to know the inside story here.

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, a billionaire.

Cash flow is as high as more than 2 billion US dollars.

None of the top 100 people on the world's richest list has as much liquidity as he does.

Thirdly, in case a problem is really discovered.

In other words, it was very dark, and everyone united to deceive him.

Then he also has the option of being a dog temporarily.

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

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

In other words, no matter what, there is a high probability that it is not life-threatening.

No matter how bad it is, it's just that you can't dominate and be the master, but if you are prosperous, rich, beautiful, with cars and mansions, 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 can help me.

The latter one is the worst possibility.

The most likely possibility is that the problem cannot be found and the matter will be left alone.

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

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.

For now, we can still 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.

Coming out of the office with David, the two 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 like 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.

Melio, the deputy general manager, 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 he did 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 company's subsequent relocation.

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 walk up to a stage, 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, etc., with clearly defined positions.

There will also be intermediate and advanced levels here.

This is just an example.

Among the 32,000 employees of Goldman Sachs, the largest number is VP (Vice President).

Translated into Chinese, it means vice president.

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

More than a 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 case for Goldman Sachs Group, and it is also the case for financial giants similar in size to Goldman Sachs.

Smaller financial companies are actually similar.

That is, there are fewer people and fewer positions.

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

In addition to David Mellon, there is Melio, and more than a dozen staff responsible for logistical and administrative work.

The remaining eighty members of Smith Capital are all analysts and traders.

Translated into Chinese, it means analysts and traders.

The job of analysts is to analyze the market conditions of various industries.

Evaluate the investment risks and returns of various financial products, collect financial intelligence, etc.

The job of traders is to follow orders from superiors and interface with major banks and financial groups.

To buy or sell the financial products the company needs, he is more of a tool than an analyst.

The entire company has real operational rights and can invest independently.

There is only one person from beginning to end, and that is Mr. Chairman.

Even David Mellon does not have the right to invest more than 10 million US dollars.

On Wall Street,

A situation like Smith Capital's is definitely like a scorpion pulling a daddy.

This is why Abel is not afraid of checking.

He is the only person in the company who has the right to trade.

He doesn't have to worry about his subordinates performing illegal operations without his knowledge, which will harm the company.

To put it simply, the entire company is a tool for all employees.

It's his financial tool.