Chapter 119 (1/2)
James Robinson hesitated when he heard Noah Scott's question.
Simon westero's previous stock index futures operation, a success may not be much, two times in a row can also be said to be luck, but three times in a row, enough to prove that the young man must have relied on.
In this case, if Lehman follows suit, it will definitely get unexpected results. As the CEO of American Express, the parent company of Lehman Brothers, James Robinson has no lack of risk-taking spirit.
However, this kind of behavior is obviously the most standard insider trading.
American Express bought Lehman Brothers three years ago to set foot in the long planned investment banking field.
Next, if we really follow suit, once it comes to light, Lehman Brothers will definitely be investigated by the SEC (Federal Exchange Commission), and the company's customers will also be lost.
Most importantly, other Wall Street investment banks will never miss the opportunity to drive American Express, a potentially powerful rival, out of the investment banking sector.
However.
In just three and a half months, the principal of 75 million US dollars and the net profit of more than 200 million US dollars are irresistible.
As a global financial and travel service company, American Express, with a market value of more than 13 billion US dollars and more than 50000 employees, only made a net profit of more than 180 million US dollars in the second quarter of 1987.
It is obvious that a young man less than 20 years old has been operating in the stock index futures market for more than three months, and the income has exceeded the quarterly profit of a giant enterprise such as American Express in the same period.
repeatedly weighed for a few minutes, but James Robinson still failed to resist the temptation of profiteering. He clapped his hands on Sredne Weiss Tero's transaction record and said to Scott and his son: ”I will discuss with the board of directors Paul on the weekend, and try to mobilize a sum of money before next Monday. Neil, you're in charge of this. Noah is in charge. You two will report directly to me. Remember, be careful. You should all be aware of the consequences of this disclosure. ”
……
Los Angeles.
In palisade's mansion, Simon hangs up Noah Scott's phone and leans thoughtfully on a leather chair.
Janet had just been sitting on the wide desk in front of Simon, holding several papers from Noah Scott, and looking through them with interest.
Seeing Simon hang up the phone, Janet leaned over and nodded on Simon's leg and said, ”little bastard, I believe it won't take you many years to realize those three wishes.”
Before he got together, his thoughts were interrupted. Simon just laughed and pressed the woman's foot on her leg, scratched her foot and said, ”didn't you believe it before?”
Janet took her feet back with a smile and said, ”of course I believe it. It's just, I didn't expect you to make so much money. Our family, starting from my great grandfather, has accumulated only 2 billion dollars in more than 100 years. ”
”But I certainly can't push the federal government to abolish the estate tax, so your family is better,” Simon said
When Simon and Janet's love affair came to light in the first half of the year, there was a report in the newspaper that the Johnston family promoted the abolition of estate tax in Australia. It can affect the fundamental tax system of a country, which really shows the profound foundation of a family.
Now, although he has a fortune of hundreds of millions of dollars, once Simon's wealth is exposed, he may be just a ”fat sheep” in the eyes of many people.
Simon is also very clear about this.
As a reborn person, it is not too difficult to accumulate wealth.
The simplest way is that the market value of Microsoft is only about 1 billion US dollars. Simon took out $200000 to buy Microsoft stock and held it until 2000. He sold it at the highest point of Microsoft's $600 billion market value and immediately became a billionaire.
20 million dollars, the housing bubble in North America is still at its peak. Now many middle-class families can probably raise their property by selling their property. But it's absolutely impossible for them to know that this money can make them a billionaire in more than a decade.
But Simon knows.
However, if only seizing wealth, even if Simon earns $100 billion, if he lacks the social influence that matches this wealth, he will only be a ”fat sheep” of $100 billion in the end.
Therefore, Simon is not too complacent about the huge amount of money he made from the stock index futures market.
Just to get rid of the ”fat sheep” state, he still has a long way to go.
Janet saw Simon silent and waited patiently for a moment, then scratched the man's leg with her foot: ”what are you thinking?”
Simon said, ”fat sheep.”
”Ha ha,” Jeanette laughed and said, ”do you feel it?”Simon wondered, ”what?”
”Noah,” Janet said with a wink, ”he's so attentive today. Obviously there's something wrong with him.”
Simon heard Janet's reminder, and then he caught some thoughts in his mind just after he hung up the phone. He immediately laughed and said, ”three times in a row, 75 million dollars has gone up to 278.56 million. If Lehman Brothers can not follow up, Wall Street will not be wall street.”
”What are you going to do?” Janet asked
”As long as the operation of Lehman Brothers doesn't affect our interests, it's OK for them to make some money,” Simon said, shaking his head and saying, ”but it seems unlikely.”
With the support of American Express, if Lehman Brothers follows up, the amount of capital will definitely exceed the principal of less than $300 million in the account of Westeros.
If it has been the current long-term operation, maybe it is nothing, and it will be followed up. But with the stock market crash at the end of October, things must be different.
In Simon's memory, in the 1987 crash, the U.S. government's rescue measures were very timely and effective, and it took only one week for the North American stock market to stabilize. What's more, the bottom of the S & P 500 index around 200 is even shorter.
Westero plans to lay out the last short contract, only in the bottom of 200 points to close positions in order to get the maximum benefits. However, the throughput of single day contract in stock index futures market is limited after all.
At that time, if Lehman Brothers also established a large number of short positions, they will definitely take the lead in arranging their own contracts to close out their positions.
Janet watched Simon fall into thought again, without interrupting.
After thinking about it for a while, Simon said, ”don't care about it. Let's wait until vulgar novel is finished.”
In the plan, ”vulgar novel” will be finished in mid September, and Simon has half a month to run.
What's more, the movie is the most important thing for Simon.