Rebirth of Hong Kong 1981
Page 562
In this way, no matter what happens to the motherland, she can't watch herself being wronged, can she?
Then set a long-term life goal, prepare to retire at 50, semi-retire at 60, and completely retire at [-].
The richest man in horse retired to be a teacher, he retired to be a fool, he can eat, play and enjoy...
Chapter 602 Goldman Sachs
Just when Yang Chen and Huo Jianxuan had just finished talking about things, Lan Meiren's crisp voice rang in his ears.
"Boss, call Manager Yu."
"Did you say something?" Yang Chen glanced at Lan Meiren who took over Junzi's job, and asked after taking a sip of coffee.
Lan Meiren: "Manager Yu said that someone wants to see the boss."
Hearing this, Yang Chen frowned, and took the phone from Lan Meiren.
"I am Yang Chen"
"Boss, didn't bother you?"
"No, let's talk about it, who wants to see me?"
"It's from Goldman Sachs..."
Hearing what Yu Chenghui said, the smile on Yang Chen's face became brighter, "Okay, I understand, give them my contact information."
After hanging up the phone, Yang Chen looked at Huo Jianhe who was packing up his things, and said, "Jianhe, don't go back in a hurry, people from Goldman Sachs Bank will come later, you accompany me to meet them."
"Goldman Sachs?" Huo Jian was taken aback when he heard the words, then hesitated, and asked, "Boss, Goldman Sachs is looking for you, what's the matter?"
Yang Chen said indifferently: "Maybe it has something to do with the listing of our game company?"
"The game company goes public?" Huo Jianxie's eyes froze for a moment. He never thought that Yang Chen would go public with the game company so soon, and there was no sign of it before.
Seeing the indescribable surprise on Huo Jian's face, Yang Chen didn't explain, he was more concerned about what Goldman Sachs could bring him next.
In fact, Yang Chen himself also thought that he only let Yu Chenghui release the news on his front foot, and the people from Goldman Sachs Bank jumped out on his heel.
Obviously, his own game console has already attracted the attention of others.
Goldman Sachs, in the legend, all kinds of amazing companies.
However, when he collected the information about Goldman Sachs from Huo Jianchen, his previous pilgrimage mentality changed instantly.
The legendary Goldman Sachs is actually like that. The so-called horror is not just copying what others say.
It is no different from other financial companies. When the general environment is favorable, everyone makes money, and financial companies like Goldman Sachs also make a lot of money.
The general environment is not good, and it is difficult for everyone to do business. When encountering a financial crisis or something, the worst death is the financial company.
Think about the [-] financial crisis, what happened to the once invincible Wall Street financial giants?
One family after another went bankrupt, and one was more fragile than the other, no different from paper.
The famous Lehman Corporation also stumbled in the end.
Financial companies, while enjoying the high dividends of the market, must bear corresponding risks.
The larger the financial company, the more difficult it is to avoid the financial crisis. There is only one financial company that is really crazy, crazy, and immortal in the United States, and that is the Federal Reserve that prints and issues dollars.
In the words of our great man, imperialism is a bunch of paper tigers.
And financial companies like Goldman Sachs are paper tigers among paper tigers.
The reason why later generations of Goldman Sachs are very famous in China is mainly due to their long-term vision and early entry into the domestic layout.
In the early 90s, the inland reform and opening up was further intensified, and the vigorous reform officially entered a new course. Goldman Sachs was the first foreign financial investment company to enter the country at that time.
Many state-owned enterprises went public in later generations, but Goldman Sachs was basically behind the scenes when it came to large-scale financing, and it was precisely because of this that Goldman Sachs was so famous in later generations.
Founded in the 60s, Goldman Sachs is one of the oldest and largest investment banks in the world.
In the earliest days, Goldman Sachs Group actually evolved from a small bank founded by a coachman.
Yes, you read that right, he is a hard-working coachman who is unwilling to be mediocre. Once determined to rise, he ambitiously created Goldman Sachs Group, a financial giant with a history of more than 100 years.
The ancients said: murder and set fire to the golden belt.
To be honest, such a person is simply weaker than the person who opened the bank, and they are not on the same level at all.
Murder and arson entail high risks, but opening a bank and exchanging a piece of paper for real money is the real huge profit.
In the early 80s, Goldman Sachs had just transformed from a second-tier investment bank to a first-tier investment bank, officially gaining its own place on Wall Street.
Before the 70s, Goldman Sachs had been in the ups and downs of the third and second tiers. It was not until the 70s when there was a wave of "hostile" takeovers in American capital that Goldman Sachs began its magnificent turn. In the past ten years, it has sprung up in the investment banking industry.
Before the 70s, if a company intended to acquire another company, the acquirer would try to offer conditions to attract or persuade the other party, so that the acquiree agreed, and forced mergers rarely occurred.
However, in the 70s, the investment banking industry, which had always been civilized and regulated, suddenly turned around, abandoned the industry's traditions, and started a series of 'hostile takeovers'.
The emergence of "hostile takeovers" has completely broken the traditional pattern of the investment industry and prompted a new industry order.
Goldman Sachs did not follow the trend at that time, but took the lead in launching the "anti-takeover" banner, helping many companies that suffered hostile takeovers, inviting friendly bidders to participate in the bidding, raising the purchase price, or taking antitrust lawsuits to attack hostile takeovers .
This kind of behavior made Goldman Sachs famous all at once. In just ten years, Goldman Sachs was promoted from a second-rate investment bank to a first-rate investment bank.
Anti-hostile takeovers not only enabled Goldman Sachs to win the friendship of many excellent companies, but also allowed Goldman Sachs to obtain huge returns. In the early 80s, Goldman Sachs’ business income in the mergers and acquisitions department alone exceeded [-] million US dollars in profits.
However, at this time, Goldman Sachs is just a financial company that has just become a first-class investment bank. It will take a few years before the next generation of world-class investment banks. It will not be until the end of the 80s and the beginning of the 90s that Goldman Sachs will truly transform into a giant investment bank.
At this stage, Goldman Sachs' customers are basically small and medium-sized enterprises, and there are very few large corporate customers. There are also many investment banks that are stronger than Goldman Sachs.
However, big is good, and small is good.
Big investment banks always treat customers with bullying behavior, but small ones do not. In order to improve their reputation, they will try their best to do their best and take full responsibility.
And Goldman Sachs has this characteristic very much. It didn't take long after Yang Chen sent the news, Goldman Sachs came to the door quickly. From this point of view, it is not difficult to see Goldman Sachs' attitude towards customers.
As the saying goes, the sedan chairs are carried by everyone, since he knows that Goldman Sachs will become a very influential company in the future, Yang Chen will naturally not refuse this kind of door-to-door service.
Chapter 603 $100 Billion Financing
Before keeping Yang Chen waiting for long, Lan Meiren's phone rang, but it was someone from Goldman Sachs, who had arrived in Las Vegas early.
Regarding this, Yang Chen was not surprised either.
The main body of Goldman Sachs is the partnership system. It has always been known for its thoughtful service to customers. Goldman Sachs will basically do its best to win any customers it can win.
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