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Chapter 453 Wall Street also talks about connections

The entry process at the airport customs went smoothly, and Gao Yang and his party did not encounter any special inspections or inquiries.

Gao Yang personally has an investment of 2000 million US dollars in the United States. This information is recorded on the computer of the airport customs.

During this trip to the United States, except for Professor Qin Xianglin, Gao Yang and other 5 people, they all applied for business visas in the name of 51 Group.

As for Professor Qin, who has lived in the United States for many years and holds a green card, he does not need to be questioned by the customs.

In less than 10 minutes, Gao Yang and his party passed the customs and officially entered the United States.

At this time, it was past 9:[-] p.m. Eastern time, and when the group arrived at the airport exit, Wu Fei and Chen Lan were already waiting.

After meeting, Wu Fei gave Gao Yang a warm hug: "Are you tired after flying for more than ten hours?"

Gao Yang said with a smile: "I slept for 7 hours on the plane, very relaxed."

Wu Fei said: "Then you'd better go to bed late tonight and adjust the time difference."

Gao Yang then introduced Professor Qin Xianglin to Wu Fei, and Wu Fei was also full of enthusiasm.

A few days ago, Wu Ruohan told Wu Fei and his wife that Professor Qin was invited to accompany him. Wu Fei was quite surprised at the time. He never thought that Gao Yang would really invite this great god.

The airport is not far from Manhattan, where Wall Street is located, only more than 20 kilometers away. Before 10 o'clock in the evening, Wu Fei and Chen Lan each drove a car and sent Gao Yang and his party to the Hilton Garden Inn, which is very close to Wall Street. The room has already been reserved. .

The arrangement for Gao Yang and Wu Ruohan was a deluxe double room with one bed.

Professor Qin and Zhang Wei arranged a luxurious business double suite.

Shao Hanyun and Mo Li lived in a business double room.

The suite that Professor Qin and Zhang Wei live in costs 1160 dollars a day including tax.The room price for Gao Yang and Wu Ruohan is 960 US dollars, and the room for Shao Hanyun and Molly is 660 US dollars.

For six people, the daily accommodation fee is 2.22 soft sister coins.

After checking in, each of them had a rest first. Wu Fei and Chen Lan went into Gao Yang's room and sat down to chat.

Gao Yang said: "Brother, sister-in-law, you still have children at home, it's getting late, you should go back and rest early."

Wu Fei smiled and said: "It's okay, there is a mother-in-law and a nanny at home."

Wu Fei and Chen Lan have an apartment in Manhattan, but they haven't sold it yet. This time, Gao Yang and his party came to the United States for business, and Wu Fei's family also rushed to New York from California ahead of schedule.

Chen Lan turned on her laptop and reported to Gao Yang and Wu Ruohan:

"Gao Yang, Ruohan, according to your arrangement, I have already liquidated the stock positions of Titan Fund and Android Company, with a total of 2.5 million US dollars.

Among them, the floating profit is about 2.2 million U.S. dollars. We have held the position for more than one year, and the capital gains tax rate is 15%.

The Android company retained 1120 million US dollars, and the remaining 1.2 million funds were injected into the Titan Fund. Currently, the fund holds a total of 2.2 million US dollars in cash.

In addition, the stock position of your Hongyang Assets Company has not moved, and the market value of the full position has already reached 1.15 million US dollars.

The threshold for Wall Street investment banks to sign the ISDA agreement is a minimum fund size of US$10 billion. Gao Yang, are you really sure? "

Gao Yang said with a smile: "Sister-in-law, don't worry, with Professor Qin's help, it's all right, Professor Qin has already contacted you in advance."

Chen Lan said: "That's right, Wall Street also cares about connections. Professor Qin's connections should be relatively high, and we can't reach them."

Wu Fei asked again: "Gao Yang, are you and Ruohan going to have a wedding?"

Wu Ruohan smiled and said, "Brother, we don't hold a wedding, we just go back to Jinyang during the Spring Festival and have a family meal."

Wu Fei sighed: "This Spring Festival, we will stay in the United States. I can only wish you a happy wedding. How long do you plan to stay in the United States this time?"

Gao Yang said: "Brother, wait until the work is settled, let's see what happens. If everything goes well, we will go to Silicon Valley and spend a few days in California."

After chatting for a while, Wu Fei and Chen Lan went home and made an appointment to come back at 10 o'clock tomorrow morning.

After Gao Yang and Wu Ruohan washed up, they invited Professor Qin and others to drink coffee.

Go to bed late tonight, adjust the time difference.

Sitting down in the hotel cafe, Gao Yang told Qin Xianglin: "Professor Qin, the Titan Fund registered by my sister-in-law Chen Lan and elder brother Wu Fei has prepared a total of 2.2 million US dollars."

Qin Xianglin nodded: "When I was in Beijing, I contacted you. There are three investment banks willing to sign an ISDA agreement with you. They are Morgan Stanley, Deutsche Bank and Goldman Sachs. Which one do you want to choose?"

Gao Yang thought about it: "Professor Qin, if possible, choose Goldman Sachs."

Qin Xianglin seemed to understand Gao Yang's thoughts, nodded and smiled:
"Goldman Sachs is one of the most powerful investment banks on Wall Street. There are a group of smart people with a keen sense of smell. You are right to choose Goldman Sachs.

Goldman Sachs should also be one of the investment banks with the deepest background on Wall Street. "

Gao Yang naturally knew that in the ensuing subprime mortgage crisis, Goldman Sachs not only did not lose money, but made a fortune by shorting subprime mortgages in advance.

In this hurricane-like financial crisis, Goldman Sachs became the biggest winner on Wall Street.

Both Morgan Stanley and Deutsche Bank suffered considerable losses, while Bear Stearns almost went bankrupt, and Lehman even went bankrupt.

Sign the ISDA agreement, use 2.2 million US dollars, and short the AA-level CDO with 200 times leverage, you must choose Goldman Sachs.

Gao Yang asked: "Professor Qin, I heard from my sister-in-law that Wall Street also talks about connections?"

Qin Xianglin said: "Yes, as long as you live on the earth, no matter where you go, contacts are a very useful stepping stone."

Gao Yang said with a smile: "Domestic business magazines and many management books like to talk about how European and American societies pay attention to business rules and not human relationships."

Qin Xianglin smiled slightly: "This is not contradictory. For ordinary people, there are indeed universal business rules that are bound and protected by law, and Europeans and Americans are also used to doing things according to the rules.

The biggest difference between Europeans and Chinese is that most people in Europe and the United States are egoists, and there is usually a clear line between personal friendship and work relationship.

It is not common in Europe and the United States to communicate feelings and discuss business through drinking like Huaxia.

But contacts also exist. Within the scope of business rules, the closeness of interpersonal relationships can sometimes play a decisive role. This is normal. Everyone is more willing to discuss business with people they know well.

Wall Street is essentially a business jungle society, and the relationship of interests is fundamental. No one will give up their own interests just because they have friendship with you.

For example, I know some powerful people on Wall Street, which can also be called friendship. It is not difficult to help you contact and sign an ISDA agreement.

However, if it involves relatively large interests, it is another matter entirely. "

Gao Yang said: "Professor Qin, you have worked on Wall Street for many years. I would like to ask, is there any special reason for you to return to China to teach?"

Qin Xianglin shook his head and smiled: "There is no special reason, I can only say that I prefer pure academic research.

I started as a senior analyst in the risk department of RBC Bank in Maple Leaf Country, and entered the financial industry. After that, I worked in multinational insurance giants such as Citigroup, Barclays, and AIG.

At AIG, I was the head of the risk asset management department.

Capital is always profit-seeking. The financial industry has high salaries and high work pressure. When you reach a senior management position, you will be exposed to some unspeakable things.

I don't have much pursuit of wealth. The financial industry in Europe and the United States is highly developed. In comparison, China is obviously backward. Therefore, I discussed with my wife to return to China to teach and train some talents..."

It was almost twelve o'clock in the morning Eastern time, Gao Yang and others went back to the guest room to rest.

The luxurious suite that Gao Yang and Wu Ruohan lived in had an extra large double bed where they could roll the sheets as much as they wanted.

After the two washed up, Wen stayed together, Gao Yang said: "During this time, no measures will be taken. If you can conceive a child in the United States, it will be considered a bit of foreign style."

Wu Ruohan tilted her head to think about it, and said with a smile, "Maybe I won't be able to catch the foreign air, even if we stay in the United States for half a month, I'm still within the safe period."

Gao Yang said with a smile: "The first seven and the last eight, I know, but it's not absolutely safe, right?"

Wu Ruohan smiled: "You are right, there may be accidents..."

After one o'clock in the morning, Gao Yang and Wu Ruohan were finally sleepy. When they woke up, it was almost 8:[-] in the morning.

The two went to the hotel gym, ran on the treadmill for half an hour, and then went back to the room to wash up. Wu Ruohan ordered the restaurant to deliver the food.

Professor Qin and the other four got up earlier and had already had breakfast.

At 10 o'clock in the morning, Wu Fei and Chen Lan each drove a car, rushed to the hotel on time, picked up Gao Yang and others, and went straight to the headquarters building of Goldman Sachs Group...

(End of this chapter)