Vol 2 Chapter 754 CNBC’s report

Chapter 754: CNBC’s report

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CNBC, the full name of the American Consumer News and Business Channel, is a global financial cable and satellite news station owned by the NBC Universal Group of the United States. Its seven channels provide real-time financial market reports and business information to 385 million households around the world. A leader in global business journalism.

Almost all financial practitioners in the United States use it and Bloomberg News to learn about financial information, and so does Guo Shouyun. CNBC’s four major programs, including ‘Financial Forum’, ‘Market Watch’, ‘Market Roundup’ and ‘Business Central’, are one of his regulars.

“Dr. Rosen, how do you think the acquisition of Merrill Lynch by the Bruce Foundation or Mr. Bruce Guo will affect the financial markets in the United States?”

Erin Fink, the host of CNBC’s Market Watch program, graduated from the Columbia Journalism Department. She not only has a beautiful appearance and a hot body, but also has a keen observation and wisdom to the core of the problem. She also became CNBC Market Watch. The main reason why the show is hosted and popular with the audience.

“I personally don’t think this is a good phenomenon. We all know that the Bruce Foundation is a major shareholder in the fourth largest bank in the US, ‘Phoenix Bank’. The latter has more than $30 billion in annual revenue and nearly $750 billion in assets. Its tentacles Covering all 50 U.S. states, and entering Canada and Mexico this year. It is the largest super financial institution in North America, second only to Citi, Bank of America and MG Chase.”

“…Compared with Phoenix, Merrill Lynch, a financial institution that has been established for nearly a century, has more influence and strength. It has 975 branches around the world and manages a huge asset of 1.75 trillion US dollars. It is second only to Wall Street. Morgan Stanley is a comprehensive investment bank, which is unique in the field of financial research and private wealth management. It is also the largest consulting institution in Washington, the World Bank, and the world’s major financial institutions and government financial departments. Its every move directly affects the United States and the United States. Stability in global financial markets.”

“…If Phoenix Bank merged with Merrill Lynch, it would create a world-class financial institution with annual revenues in excess of $65 billion, total assets under management of a staggering $2.5 trillion, and operations in all financial fields. Or ‘financial’ Trust’! This is a very scary thing!”

Mitchell Rosen, professor at Harvard Business School, Ph.D.

“Dr Rosen, why do you think the merger of Phoenix and Merrill Lynch is a very scary thing? If it’s just because of their size, Citigroup is also over $2 trillion in assets, also has a global footprint and involves all the financial sector.”

“Citi is fundamentally different from Phoenix Merrill.” Mitchell Rosen shook his head.

“Can you elaborate?”

“Of course! … First of all, I am against the emergence of super-large financial institutions. Because these huge financial trusts will harm consumers’ rights, breed corruption, hinder fair competition in the financial industry, and stifle economic freedom. Second, compared to Citi, Bank of America and other large financial institutions. The merger of Merrill Lynch and Phoenix, the nature of monopoly is more obvious.”

“…In Citi, Bank of America and MG Chase, while the CEO has a lot of power, it is also constrained by the board of directors and the board of supervisors. This is not the case with Phoenix Merrill Lynch, where the Bruce Foundation and Bruce Kwok own it. Absolute control. This means that the oversight role of the board and supervisory board will become very limited. And the absolute power of a $2.5 trillion financial entity is in one hand, which is suffocating to think about it.”

“…Absolute power means absolute corruption. The merger of Merrill Lynch and Phoenix will not only profoundly change Wall Street, but also affect the safety and stability of the U.S. financial market, especially the stock market.”

“… Therefore, I recommend that the Antitrust Committee of the Treasury Department firmly cannot agree to the merger of Phoenix and Merrill Lynch. And urge Congress to pass legislation to limit the shareholding of individuals and large institutions in super-large financial institutions. In order to maintain the integrity of the US financial market Safe and stable.”

“Boss, it’s almost time.”

Wang Jue walked over and whispered.

Guo Shouyun nodded, took a last look at the picture on the TV, picked up the remote control and turned it off.

It has been a week since Merrill was acquired by him. The euphoria of success has died down amid the clamor for the Merrill Lynch-Phoenix merger and restrictions on private and large institutions’ stakes in big financial firms.

He could imagine who was operating behind this. In fact, with the expansion of these opposition voices, hostile institutions such as Citi, Goldman Sachs, and the Dutch ING Group have already stood on the table.

“Let’s go!”

Guo Shouyun put on his coat with a calm expression. Since this ‘battle’ is unavoidable, and it has reached the point of fighting with open flames, he also wants to back down.

“Since you want to fight, let’s fight. The big deal is to start all over again!”

With boundless confidence and determination, Guo Shouyun quickly boarded the helicopter inside the villa.

It takes about 15 minutes by helicopter from the “Shanglin Garden” on Long Island to Merrill Lynch’s headquarters.

“Boss, look!”

In fact, Wang Jue’s reminder is not needed. Through the hanging window of the helicopter, Guo Shouyun also saw the gathering outside Merrill Lynch headquarters, holding various signs in his hands, protesting against Merrill Lynch being acquired by him, protesting against Merrill Lynch and Phoenix merger, and even under the name Crowd of racist slogans.

The scale is not large, only a few hundred people.

For the United States, where demonstrations of all kinds are frequent, this is nothing. In addition to not being able to save face, Guo Shouyun didn’t take them to heart.

Compared with these protests for protest’s sake, with ulterior motives, or by being used for protests; what he should really worry about is the upper class in the United States. This is the core of the real power in this country.

“Don’t worry about that. They’re just small characters, they can’t make waves!” After a pause, “Brent, land at St. Laurent Airport, don’t go to Merrill.”

After the helicopter pilot responded, Guo Shouyun turned his head, “Matthew, call Smith and drive to St. Laurent Airport.”

“Yes, boss!”

The helicopter originally intended to land on the top floor of Merrill Lynch’s headquarters turned a corner and flew over eastern Manhattan.

St. Laurent Airport in the Upper East Side of New York is an airport dedicated to parking helicopters for CEOs and executives of major companies.

After Guo Shouyun parked the helicopter here, it didn’t take long for the car to pick him up. After the two parties converged, they came to the ‘Hanshan Bieyuan New York Branch’.

The reason why he opened the Hanshan Courtyard in New York was that he learned it from his father-in-law’s family.

As one of the top conferences in New York, the Roosevelt Club is well-known all over the world, and in addition to the United States, London, Magic Capital, Tokyo and other top global cities have its branches, and it is the top private club in the world. The presence.

With the prestige of the Roosevelt family, the Roosevelt Club has not only become the first choice for high society gatherings in various countries, but also contributed a lot of income from membership fees and catering, and also laid the foundation for the Roosevelt family to consolidate their status and develop more contacts.

Guo Shouyun followed suit. When his status was high enough and there were enough registered members in Hanshan Academy, he also opened it to New York.

As the financial heart of the United States, it is also a place where he often comes. The existence of Hanshan Courtyard really provides great convenience in terms of banquets.

2039 Fifth Avenue, Upper East Side, New York, this is a baroque high-rise building built in the 1940s, with exquisite reliefs and beige exterior. facade.

Although on the east of Fifth Avenue, the place where the wealthy gathers does not look the most brilliant, but the architectural style and quality of the wheel is definitely the top grade in high-rise buildings.

Originally it was a four-star hotel called ‘Bacchus’, but due to poor management, the high cost of interior decoration and the expiration of bank loans, the owner had to sell himself to save himself. At the end of 2003, Guo Shouyun spent $250 million to buy it. It later invested $85 million to renovate, and it was not officially put into use until the end of last year.

Of course, compared with his investment, the price of this building has nearly doubled as the real estate industry in the United States is hot.

After asking the driver to park the car, Guo Shouyun got down and walked over.

There are two entrance doors to the New York Branch of Hanshan Bieyuan. The first one is similar to most hotels, a very ordinary revolving door. After entering, it is the second door in charge of the hotel security staff. You must have a membership card of Hanshan Bieyuan to swipe your card to enter. Each membership card can bring two uncarded persons to enter.

In addition to membership cards, every visitor must undergo a security check for safety. Dangerous goods such as guns and explosives are prohibited from being brought inside.

In addition, the bodyguards of Hanshan Bieyuan are not hired from outside, but from the internal guards trained by him, and their loyalty and ability are trustworthy.

After passing the inspection, Guo Shouyun walked into the lobby~www.readmtl.com~ and soon a beautiful waiter came up to greet him. However, the lobby manager who had already received the news had already rushed over in front of him.

“Boss, the guests are arranged in Box No. 9 on the second floor.”

After smiling and nodding, “Understood, you should be busy first!”

“Yes!”

It was not the first time that Guo Shouyun came to the second floor by elevator. Compared with the open restaurant on the first floor, the box on the second floor is undoubtedly more private.

Inside the clubhouse, the first and second floors are dining areas. The third floor to the seventh floor is a comprehensive entertainment area, including indoor swimming pool, indoor tennis court, indoor basketball hall, indoor golf, etc. The eighth floor is a banquet hall, as well as several meeting rooms of different sizes, or reception rooms.

The remaining ninth to twelfth floors are 36 luxury suites. Half of them are long-term rentals, and half are part-time rooms.

Although the New York branch of Hanshan Bieyuan has only opened for one quarter in the world. But thanks to Guo Shouyun’s increasingly popular popularity and influence. Although it is a new building, the number of registered members here is rising steadily. Naturally, the income of Hanshan Bieyuan has continued to grow.

In addition to the annual fee of up to 30,000 US dollars per year, the income of various food, drink and accommodation appears to be higher. In just the first quarter, the main income of the New York Branch of Hanshan Bieyuan has exceeded 22 million US dollars without calculating the annual fee. …

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