America's Road to Wealth

Chapter 50 Dark Wall Street

2000 years,
8 month 25 day.

Woolworth Building, Smith Capital.

David Mellon already knew that Abel wanted to move the company to Queens.

David Mellon did not understand this, but he could accept it.

Overall, Queens is not as safe as Manhattan.

But it's also much better than Brooklyn.

At the same time, Queens is very large, and the area where "Spiderman" is located is considered a civilian area with poor security.

In the comics, Spider-Man is needed to do a lot of chivalry.

But where the commercial hub is located, the law and order is much better on the side of Manhattan, on the Hudson River.

The headquarters of many well-known large companies are also set up here.

Such as Long Island Bank, General Electric Group.

There are also fashion brand Bulova, beverage company Glacéau, general air company JetBlue, piano brand Steinway&Son and so on.

"America Express helped me choose two places."

In the office, Abel looked at David and said, "One is the Kaufman Building, with a floor area of ​​about 9000 square feet, and you can rent up to three floors."

"Another option, not far from the Kaufman Building.

It is a four-storey building with an area of ​​[-] square feet and an underground parking lot. "

"Guess where I chose?"

"Kaufman Building?" David said. "You like tall places."

"Wrong. I bought the four-story building."

Abel shrugged and said with a smile: "This way you don't have to be neighbors with other people."

David was curious: "Buy? How much will it cost?"

"It used to be a supermarket. After buying it, it will cost about 1000 million U.S. dollars. It will be renovated and refurbished."

"The price is $1.2 million, which is cheap."

1.2 million, very cheap?
David didn't know what "Versailles" meant, but he was in the mood right now.

But it's not a big deal, it's just a change of office location.

Where to work is not work, as long as it is not far from Wall Street.

He picked up a newspaper and waved it in his hand.

"Hey, the latest issue of the New York Post.

Dude Murdoch, put your $6000 million house on Long Island in the paper. "

Abel took it over and read the report above.

Not in the first edition, but in the third edition later, or the headline of the third edition.

The headline of the report was "The Wolf of Wall Street's 6000 Million Mansion".

The content and reporting style, as always, are in line with the tone of the New York Post.

That is the love of rendering and exaggerated language, which is the usual way they use to attract readers.

Looking at the content and text inside, Abel frowned.

"This kind of title, this kind of text description." He said: "I don't like it."

David said: "It's good for you to know. Most readers will definitely feel jealous after reading this kind of report."

Abel looked up and looked at David Mellon, "Do you want to say something to me?"

The latter nodded and said in a low voice: "I have received some wind. Someone is investigating us."

This is the benefit of finding a top second generation, who is also a Wall Street elite, to come over to act as his deputy.

Otherwise, it would be impossible to know these things in advance with my dark contacts on Wall Street.

Abel asked in a deep voice, "Why investigate us?"

David shrugged: "It is said that our transaction is too "fine"."

"Too "fine"?" Abel was puzzled.

"It's mainly you." David Mellon said: "Dear BOSS, your investment and trading choices are almost never missed.

It can be said to be too shrewd.

Even Peter Lynch and Buffett couldn't do it. "

"Is this also a mistake?"

"Of course." David Mellon said with a smile, "They're not me.

I didn't follow you, and I didn't see your boss's performance with my own eyes.

Of course they don't believe it. "

"So these guys suspect me?" Abel said.

"Bingo. That's right," David said.

Abel thought for a while, and he made inferences: "It is precisely because of this reason that those people have not come to the door until now? It has been five days."

"Probably yes." David said: "These old guys, their news channels are more sensitive.

They are so greedy, logically speaking, they should come here the next day. "

"But no one has come so far. Then there is a high probability that they have also received wind."

The two of them were talking about the Hilton family's banquet a few days ago.

The Charlie Schaff thing about those Wall Street giants.

At that banquet, Abel made it clear to them.

Next, Smith Capital will conduct its first private placement.

At that time, these people were all very interested.

They all said that they would come over to negotiate soon afterwards.

But after so long, it has been five days.

None of these people have come so far.

This is unbelievable on Wall Street.

Normally, these capital hyenas would come to the door early the next morning smelling of money.

"Ok."

Abel nodded and said, "So do you doubt me? Dear David."

"Doubt you?"

"Hahaha~" David Mellon laughed loudly, "Why do you doubt the boss? Insider trading, market manipulation? Illegal trading?"

"Leaving aside these things, I participated in the whole process and knew everything."

"Even if you really want to engage in insider trading, you, the son of a farmer from Texas, don't have such resources."

"It's about the same as me.

But it is impossible to be as successful as you.

Insider trading cannot reach your level of success. "

"Those guys." David took the "New York Post" in Abel's hand, and pointed to the report on it——

"They were just jealous and doubted your success, so they took some action."

Following his movements, Abel saw the report in the newspaper again.

Abel suddenly said: "This report, maybe it's the horn of an attack?"

"It's very likely." David was stunned for a while, and after he realized it, he thought for a while and said.

"Then let them come." Abel said grandly.

He was already on guard against such things.

Wall Street does not mean that if you have great financial skills and excellent trading talents, you can really gain a foothold.

The darkness here is a hundred times more gloomy than the entertainment industry.

The only thing that could be darker than here is probably the political circle.

Starting here, any of his financial transactions are very aboveboard.

All have passed through the major banks, and there are records to check.

Even the income obtained after investment, these incomes are not stingy in terms of taxation.

To put it bluntly, he has paid taxes on financial gains in the past ten months.

It may pay more than giants such as Goldman Sachs and Merrill Lynch.

This is not to say that he makes more money than these giants.

It's just that he is guarding against being messed up by others, he doesn't choose to avoid taxes, and he tries to pay taxes legally as much as possible.

In contrast, any company on Wall Street is trying every means to avoid taxes.

Most of it is legal, but a lot of it is reported.

It will definitely make people very angry.

Earn billions of dollars a year, but after a year, you only pay tens of thousands or even 10,000+ dollars in taxes.

Is this reasonable?

The same is true for many rich people. The tax they pay for a year is completely inconsistent with their income.

For example, Ah Dang, who is worth billions and billions, ended up paying hundreds of dollars in taxes a year.

Legal tax avoidance in the United States is very normal and legal.

But many are very unreasonable.

In fact, Abel didn't want to do this, because it was very painful to pay taxes reasonably.

But he knows the darkness of Wall Street, these protection fees.

Even if it hurts, he still turned it over to the IRS, which is the Federal Internal Revenue Service.

In addition, he also especially likes to donate money.

Unlike those rich people, on the surface it is said that donations are actually donated to their own private "charity" funds.

Left pocket into right pocket kind.

His donations, like his donations to the NYPD.

It's real money.

These donations and normal tax payments are all protection fees he paid to prevent today's scene.

Fledgling and wanting to remain independent.

This is a choice of desperation
(End of this chapter)