America's Road to Wealth

Chapter 247 The Angry Abel

The figure of $250 billion made Bob Wright serious.

As CEO of NBC Television Network, Bob Wright has discussed the value of NBC with top executives of General Electric Group.

General Electric's executives estimated the value of NBC at around US$150 billion two years ago.

As CEO of NBC.According to Bob Wright, it is worth at least US$180 billion.

Abe's initial $200 billion offer.

Already close to Bob Wright's assessment of NBC's value.

It is much higher than the evaluation price of General Electric Group's senior management.

General Electric bought 80% of the shares of the NBC television network for only $24 billion.

Of course, that was 1986.Dollars were worth far more then than they are now.

It's just that 15 years have passed, and NBC can provide GE with a stable profit of hundreds of millions of dollars every year.

The money to buy NBC has already been earned back by itself.

Based on the purchase price of 24 billion US dollars.

15 years later, $200 billion is enough to make any GE executive or board member excited.

But Bob Wright felt that NBC could be more valuable in the future.

It was after Abel reported the figure of 250 billion that Bob Wright was a little moved.

"Listen up." Looking at Bob Wright who fell silent after the price he quoted.

Abel said again:

"It can be cash or stocks. For cash, I have enough cash flow to pay. For stocks, as long as I have stocks of listed companies in my hands, General Electric can take them."

It is limited to listed stocks, that is to say, unlisted stocks are not allowed.

It just so happens that in Abel's hands, the most companies are actually unlisted companies.

If General Electric really wants to exchange shares for shares, it can only be exchanged in the stocks of several listed companies held by Abel.

Obviously, Abel would not trade the stocks of companies like Smith Capital and Smith Media casually with them.

Bob Wright, he heard this supplementary clause from Abel.

The CEO of NBC, in his heart, was a little staggered by Abel Smith's financial resources.

250 billion U.S. dollars in cash, can you get it if you say it?

Even including bank loans, few people in the United States can obtain so much liquidity.

The person in front of him is obviously still so young.

But it was able to take out 250 billion US dollars at a time.

Bob Wright felt that there might not be more than twenty such people in the United States.

But... Bob Wright gritted his teeth in his heart.

The speed with which Abel quotes and raises the price is so refreshing.

It made Bob Wright want more.

People are greedy, and the CEO of NBC thinks he has nothing to blame.

Bob Wright said:
"At least $300 billion. Mr. Smith. If you give $300 billion. Maybe the not-for-sale tag on NBC can be thrown away by GE himself."

If NBC could be sold for $300 billion.

For Bob Wright, the CEO of NBC dispatched by General Electric Group, it can be said to be a great achievement.

Not to mention the promotion of bonuses.

Just the return of Bob Wright to GE management can be of great help.

【Promise, promise. You are so rich.. Hurry up and promise】

Bob Wright looked at Abel seriously, and shouted to Abel in his heart.

Soon Bob Wright had a response in Abel.

I saw that Abel's expression turned cold, not as warm as it was at the beginning.

Bob Wright immediately sensed something was wrong, and wanted to say something to buffer it.

But Abel spoke with a blank face, and he said:
"Mr. Wright. My attitude is very serious, and my intention to buy is also very serious. But you seem to take me for a fool? Please ask yourself and GE, is NBC worth $300 billion?"

Of course not, Bob Wright thought.

None of the three major public television networks can be worth $300 billion now.

Disney Media Group, which already owns the ABC TV network, currently has a market value of around US$450 billion.

Disney itself is worth almost $300 billion.

News Corporation, which has not yet been listed but already has a valuation, has a market value around this figure.

Viacom, which owns the CBS TV network, has a market value of only [-] billion US dollars.

Time Warner, the media group with the highest market value, is worth about [-] billion.

How can NBC TV network He De He Neng be worth more than 300 billion US dollars.

The market value of 250 billion US dollars has already paid a lot of premium.

Seeing Abel's expressionless face, Bob Wright quickly smiled and said:
"The price is negotiable. Maybe 280 billion is a good number?"

"Forget it." Abel got up, and he said to Bob Wright:
"I'll make an offer to NBC's parent company, General Electric's management and board. After that, Mr. Wright, it's less of a concern for you. That's it. The Nordic food here is good. You stay and eat by yourself."

Bob Wright got up and wanted to stay, wanted to say something.

Abel stood up and walked out, and Abel's entourage also walked out.

Bob Wright wanted to stop him, but he didn't dare to pull Abel with his hand. In the end, he could only watch Abel walk out of the brandy restaurant helplessly.

"Fake! Fake! The price can still be discussed!"

When Abel and the others walked out of the brandy restaurant, he was the only one left at the table.

Bob Wright hammered the table twice bitterly, full of displeasure.

Abel, who left the Brandy restaurant, said directly to Alan Baker who was following him:

"Allen, initiate an offer to General Electric for NBC, the price is $200 billion."

Alan Baker was relieved, and the core of the advisory group also felt that $200 billion was the normal price for NBC.

Allen immediately agreed: "No problem, I am writing to General Electric on your behalf."

Abel nodded and got into the Lincoln city sedan in the middle of the convoy.

"Go back to the company." He said to the driver Andy.

Andy nodded yes.

Abel's two drivers in New York know when Abel usually talks about the company.

It refers to the Smith Building where Smith Capital is located.

After half an hour.

Abel came to the fourth floor of the Smith Building.

After the lifting of the safe house ban, the trading floor on the fourth floor is still concerned about the USD/NOK market.

David Mellon and the company's other president took turns keeping an eye on the situation.

As soon as there is an emergency fluctuation, notify Abel by phone.

When Abel arrived at the company in the afternoon, David was in charge of duty.

".The current market is 7.6060."

David Mellon reported the data to Abel: "From the point of view, we have earned a few points. But these floating profits are at most just enough for interest and handling fees."

While listening, Abel looked at the situation on the information wall on the screen.

Since this period of time, the currency pair USD/NOK has been like a patient with an electrocardiogram.

Out of a very complete flat line, exchange rate fluctuations can be said to be extremely small.

But the weird thing is that after so many days of stalemate on the plate of USD/NOK.

The number of standard foreign exchange futures piled up on it has reached an exaggerated 280 million lots.

Calculated by the amount of funds, it is almost 800 billion US dollars
The GDP of the Kingdom of Norway last year was only 1712 billion U.S. dollars, and the funds accumulated in their sovereign currency foreign exchange transactions have exceeded their GDP last year.

Abel estimated that at this time, the Kingdom of Norway might have panicked.

Such a huge amount of funds is piled up on Norwegian krone.Whether it is going short or long, it is bound to have a great impact on the country's sovereign currency.

If the avalanche effect is really formed, the people's livelihood and economy in the Kingdom of Norway may collapse as a result.

In fact, as early as two days ago, Norway had already requested help from the European Union.

Norway is not a member country of the EU, and the EU has not responded yet.

At this time, the bulls and bears piled on the USD/NOK may also be watching the reaction of the EU.

The final situation of USD/NOK probably depends on whether the EU will end.

After looking at the information on the information wall on the screen for a while, he confirmed that his talent had not changed.

After Abel was satisfied, he said to David Mellon: "Continue to hold it, but this time you may not be able to eat big meat."

David nodded and said, "I've talked to Jed, and he thinks so too."

Jed is one of the company's presidents and a top executive at Smith Capital.

In the United States, a company can have many presidents, especially financial companies or banks.

Like Goldman Sachs, in addition to tens of thousands of vice presidents, there are more than a dozen presidents and several senior partners.

On top of those guys is CEO Paulson.

A president is a president and a CEO is a chief executive.

Like the black president of Merrill Lynch, O'Neill, who has been jailed, he is one of the presidents of Merrill Lynch.

The CEO is also the CEO, and is generally the most powerful person in a company other than the chairman.

Smith Capital now has two presidents and a CEO.

One of the two presidents is Merio, the former deputy manager of Smith Capital, who has become one of the presidents of the company.

The responsibilities assumed by Merio have not changed, and they are still in charge of administration and management.

Jed is a new president who was promoted from within the company when the company expanded its enrollment.

Mainly responsible for the direction of investment, like David, he is a well-known elite of the younger generation of Wall Street.

Seeing what David Mellon said, Abel asked:
"Then have you discussed with Jed, what is the reason for this strange phenomenon, so that so much money is piled up on USD/NOK?"

David nodded honestly, "It's been discussed."

Abel was a little interested, and he asked, "Then what do you think caused it?"

A strange look like the current USD/NOK has rarely been seen in the history of foreign exchange trading.

A huge amount of money is piled up in a small currency pool.

Just a few years ago, the Southeast Asian financial crisis happened several times.

In those few times, under the guidance of Soros, international hot money launched looting against several small Southeast Asian countries.

The accumulation of huge amounts of funds in those few times was purposeful and directional.

They are all acting collectively with the same goal.

Unlike the US dollar/Norwegian krone now, there is a lot of money piled up, but it is a stalemate between long and short, and the entanglement makes no difference.

David said: "The result of my discussion with Jed is that it is more inclined to be a coincidence."

Abel smiled: "How?"

"What Jed means is that the initial stalemate between us and the Neon people attracted too many onlookers. Some of these onlookers couldn't help but get off the stage during the process of watching."

"But after these people left the market, because of the influx of a large number of retail investors, the changes in the exchange rate were offset, and the exchange rate price calmed down again."

"Then there may be other organizations that feel that the time is right to end. The above scene was staged again."

"Of course, the follow-up will cause a balanced situation. It may not only be those small retail investors, but there may also be some institutions hidden among the retail investors."

After listening to the result of the discussion between David and Jed, Abel nodded with a smile.

"Your guess is basically correct. The reason why the situation is so weird this time is because our stalemate in the early stage attracted too many retail investors."

Abel said: "I dare say that at least half of the retail foreign exchange investors in the world have gathered on this currency exchange. Coupled with the entry of institutions, we have the current situation."

After discussing such a guess, David and Jed did not dare to make a decision.

Because anything can happen in the foreign exchange market, and even weird things sometimes seem normal.

Now after the boss explained it like this, even the boss thinks so.

David felt that his and Jed's judgments should be correct.

"Then what should we do next?" David asked Ji again.

Abel pondered for a moment.

This "interesting" thing that happens in the international foreign exchange market also happens occasionally in the capital investment market.

For example, in the parallel time and space, the "Game Station" incident that will happen in the US stock market in the future is a bit similar to this incident.

Probably because of some coincidences, a large number of retail investors entered the market.

More retail investors entered the market, forming a trend effect.

More and more retail investors find it profitable or enter the market for other reasons.

When there are more retail investors, the amount of funds increases.

The institutions that smelled blood followed suit.

Then a large group of retail investors stood on the long side and the short side respectively, and fought against the enemy.

Organizations continued to join in on the cold and ignite the fire, and finally it became the strange appearance it is now.

Even Abel's talent in this scene was unexpected.

Abel's talent at first was to tell him.

Taking advantage of a special black swan event, Abel can cut a lot of votes on the Neon Man.

However, some changes occurred later, and the situation began to change to the current situation.

What happened later, and the results that will follow.

It is already different from the result given by Abel's talent at the beginning.

Fortunately, Abel's talent has never been static.

After the result changed, what the talent told Abel would also change accordingly.

Like the current scene, what should be done is the best solution.

Talent still told Abel the same.

Abel's choice to stand still was a judgment made by his talent.

After telling David to respond to all changes without change, and to notify him of his request at any time when there is a situation.

Abel stayed in the Smith Building for over an hour or so before leaving.

This time he did not return to Manhattan, but on the roof of the Smith Building, took a helicopter and went directly to Long Island.

The destination is No. [-], Emperor Point Thirteenth Road, New York.

Recently, he came to this place less and less.

It wasn't that he had grown tired of Elizabeth's angels.

Just kidding, 25 celestial kingdoms.

Most of them have only been played once or twice.

I didn't play too many times.

If you want to get tired, you won't get tired so quickly.

The reason why he came here became less and less.

It was the all-pervasive paparazzi and journalists who finally discovered the place after a few months.

Since April, hundreds of paparazzi have been haunting the neighborhood almost every day.

They're trying to get an intimate photo of Isha's Angels, or get some big news.

In other words, No. [-] Thirteenth Road, Emperor Point, New York, has been exposed as the back garden of Isa's angels and Abel.

In the media, it has been marked as the collective dormitory of Isha's angels in New York.

The identity of the owner of the villa, that is, Abel, was also exposed.

During this period of time, Abel hadn't been here much, and some people had already called this place his prostitution lair.

In a sense, this is true, but Abel is for the better development of Isa in the future.

He also had to reduce the number of times he came here.

He was photographed with one or two Issa Angels, who could be described as Smith Girls.

A little more guidance in the media can turn a scandal into a gossip.

Anyway, Abel is such a playboy character, and Americans are not surprised.

But if the number is changed from one and two to more than two dozen.

Even if it was his playboy character, he couldn't hold it.

One time vs. a group or two, and one time vs. 25 people. Quantitative changes will eventually lead to qualitative changes in public opinion.

Abel had to come here less.

But always doing this is not a solution, he is not tired of these 25 pairs of long legs yet.

Before finding a new, better back garden.

Abel felt that he had to "prove" their "innocence" for the Angel Isa here.

Prove that they and themselves are just a simple employee-supervisor relationship.

It's not as nasty as journalists and ordinary people think~
This afternoon, he agreed to the invitation of the world's number one fashion magazine "VOGUE", which has been inviting him for an exclusive interview.

He is going to come here to accept an unprecedented collective interview with VOGUE magazine with [-] working Issa angels.

In other words, there will be reporters, editors, photographers, and even the editor-in-chief of "VOGUE" magazine present.

In this way, he can appear here aboveboard.

Around three in the afternoon.

Abel's helicopter came to the sky at No. [-] Thirteenth Road, King Point, New York.

After discovering the appearance of this private jet.

In the public land around No. [-] Huangdian Thirteenth Road, it is hidden in the corners of grass, forests, creeks, rocks, etc.

Hundreds of paparazzi members came out in an instant, picked up the "long guns and short cannons" in their hands, and frantically took pictures of Abel's helicopter.

So much so that Abel, who was above the sky, found these unscrupulous guys.

This made Abel a little bit pissed off, and he got angry at Edward on the plane:

"How does Rock Security do it? What's going on with these people? If the cameras and cameras in their hands were replaced with RPGs, wouldn't we all die here today? Fake! Fake!"

Edward was a little wronged, these wretched guys are smart and know the legal restrictions.

They are all hiding on the lot outside of No. [-] Thirteenth Avenue, King Point, New York, and they are all on the public lot.

In that kind of place, rock security is not good enough to drive them away.

But Abel didn't care.

This time Abel was really angry, and at the same time he scolded Edward so badly.

As soon as he got off the plane, he asked David Jones to call Ms. Caroline, the legal director of Smith Capital.

Facing Satan, the New York law girl, Abel quickly stated his request.

Caroline, who hadn't received such a big order for a long time, was refreshed and replied immediately:
"Dear Mr. Smith, please don't worry, you will see the ending you want soon!"

"That's the best."

Abel hung up the phone.

(End of this chapter)