Hollywood Hunter

Chapter 797: Cersei Capital's expansion again (repair)

After the Oscar, Simon did not immediately rush to Australia according to the schedule to follow up the filming of "Batman v Superman: Dawn of Justice".

Cersei Capital’s Black Rock Asset Management Company, which has been promoting the acquisition of State Street’s asset management department since last year, was finally finalized after a bumpy six months. The biggest obstacle to this incident was in Washington. After the midterm elections last year, many problems were no longer a problem.

After Simon quietly withdrew all his previous political arrangements in Florida, in return, some of the last opposition from the Republican Party also died down.

As for the media and the public, at this stage, there are almost no media in the United States that dare to directly confront the Westeros system. The time has been delayed for so long and it has long since been considered news. Therefore, the whole incident has caused little waves in the media. Such a highly professional financial merger and acquisition is too far away from the public's life, and lack of media to fuel the flames, and fewer people pay attention.

The Simons flew to Boston on March 29 and formally signed a merger agreement with State Street Bank.

With more than half a year's development, coupled with this merger, the total assets controlled by Black Rock Asset Management reached an unprecedented $370 billion. At this stage, no fund company can match Black Rock.

Speaking of it, because it is mainly engaged in low-risk and stable-return asset management business, Black Rock’s control assets seem to be huge. After merging State Street’s asset management department, it is expected that the annual revenue from management fees and consulting fees will also be Only about 1.5 billion dollars. Due to the nature of the company, Black Rock has a relatively high net profit margin attributable to shareholders, which can reach 30%, so the annual profit is about US$450 million.

Such profits are even less than one-tenth of last year's full-year income of Cersei Fund Management, which is engaged in hedging business.

Relying on the crazy hedging with many short-term technology stocks in the first half of last year, coupled with the harvest brought about by the financial turmoil in Latin America triggered by the Mexican peso crisis in the second half of the year, in the end of 1994, after deducting all the handling fees, Cersei Fund Management still gained In total, huge gains of up to 6.9 billion US dollars.

However, compared with the total scale of Cersei Fund Management Company of US$5 billion at the beginning of 1994, Simon has kept this fund at about US$3 billion through continuous settlement and return, and it will continue to shrink in the future.

Because as more and more funds flow into the capital hedging industry, according to Soros's famous theory of the reflexivity of market participants and the market itself, the uncertainty in this field will increase significantly.

Moreover, capital hedging is ultimately a zero-sum game. Cersei Fund Management Company made $6.9 billion last year. In fact, it means that many people lose so much money. This may be the Westeros system unknowingly. Many enemies under the tree. The assassination and subsequent bombing of Woodfield Manor in the first half of last year, in the final analysis, was that some people lost their eyes in the capital hedging market and wanted to go slant forward.

Simon didn't want something to happen a second time.

Therefore, Simon even intends to let Cersei Capital completely withdraw from the hedging field in the near future, at least not personally participate in this part of the business, and then direct more resources to Apollo Management and Black Rock Asset Management.

Compared with the continuously shrinking hedging business, the scale of the other two subsidiaries is continuing to expand. This is the ‘right soldier’ in the financial sector.

During the primitive accumulation period, because the chips are too few, it doesn't matter how many times the ‘Arabic Soldier’ is used, even if they lose all of them, they won’t lose too much.

It is very irrational to continue to do so if the capital has developed to a certain level.

Moreover, for Black Rock Asset Management, although the income is far inferior to that of hedge funds, Simon is not interested in this at all, but the financial giant's control of capital in North America and the world. For many years to come, The root of a large part of power in this world lies in capital.

You control capital, you have power, and the more capital you control, the greater the power.

In the original time and space, Lawrence Fink, who controls the Black Rock Asset Management Company with assets of USD 7 trillion, often ranks among the top of the list of powerful figures in the world with many heads of state.

Now, this hidden power will belong to the Westeros family.

After this merger, Cersei Capital, controlled by the Simons, reduced the stake in Black Rock Asset Management Company to 32%. However, out of trust in the Westeros family, State Street Bank reduced the 22 % The voting rights of the shares of Black Rock Asset Management Company were granted to Simon and his wife for a period of five years.

A total of 54% of the voting rights enable the Westeros family to achieve absolute control over Black Rock Asset Management.

There is no denying that Lawrence Fink is a very good senior manager in the financial industry. However, whether it is the sale of the asset management department of State Street Bank or the investors of its department’s assets who are willing to transition to Cersei Capital, it is more important to ' Westeros' last name.

The main reason for Janet to promote this merger was the discovery that Lawrence Fink tried to erode Cersei Capital’s control of Black Rock Asset Management through continuous dilution of equity. With the completion of this transaction, Fink would not be stupid as long as he was not stupid Will try to do this again, otherwise, Simon wouldn't mind kicking the opponent out.

Many small funds with assets of hundreds of millions and billions of dollars are often unable to survive after losing their core figures. The current Black Rock Asset Management Company is already a huge capital machine that can operate smoothly without anyone.

Simon accompanied Janet for a day in Boston. After the signing of the M&A contract, Janet stayed in Boston to deal with some follow-up matters. Simon rushed to New York the next day. He also accumulated a lot of work for him to handle.

The couple’s planned trip to Australia was postponed to April 3 as a result.

For two consecutive days on March 30 and March 31, Simon held professional and lengthy meetings with the teams of Goldman Sachs, Morgan Stanley and First Boston to discuss the Igreat IPO, Nokia’s listing in North America and May Three things about Lisandra's IPO.

Nokia's listing in North America will be the earliest, probably in May.

Simon chose to list Nokia on the U.S. stock market mainly to pave the way for the communications giant’s development in North America. Only by linking Nokia’s interests with North American investors can we avoid all sorts of incidents in the future. Therefore, about 10% of the shares will be issued this time.

As a support for Grace’s husband Bill Spurt, the first Boston will be responsible for Nokia’s listing and additional issuance.

In 1994, global mobile phone shipments continued to explode, reaching 31 million units. Nokia, which had already overtaken Motorola, accounted for 41% of the market share, with annual shipments of 12.7 million units. Counting Nokia’s base station equipment and other businesses, this company’s annual revenue was US$4.31 billion and net profit was US$460 million.

Affected by the rapid growth of Nokia’s performance, coupled with multiple positive influences such as the pursuit of new technology concepts and the company itself belonging to the Westero concept stock, the current market value of Nokia, which was listed on the London stock market two years ago, has reached 21.7 billion pounds. , Equivalent to 32.6 billion U.S. dollars.

Therefore, the additional issuance of 10% of the shares has a financing amount of more than US$3 billion.

Completely handed over to the first Boston, Simon Bill Spoelter's support is also sparing no effort.

The qualifications accumulated in this transaction are enough for Bill Spoult to completely secure the position of No. 1 Boston Securities Exchange in the next few years. It is not impossible to further control this investment banking subsidiary under UBS in the future. Simon has no extravagant expectations, as long as he does not go crazy, otherwise the Swiss will certainly not allow an American to take in the core power of the giant UBS.

In addition to the IPOs of Igreat and Melisandre, the lead underwriters are still the joint positions of Goldman Sachs and Morgan, which are inextricably linked to the Westeros system.

After Nokia’s additional issuance in May, Eaglet’s IPO pace is basically the same as last year’s Daenerys Entertainment. After completing the employee stock ownership plan, it will formally submit the prospectus to the SEC next month, and it is expected to be officially listed in July. transaction. The last Melisandre, the IPO plan has just begun, and the official listing will probably wait until early next year.

For the three companies, Nokia and Igreat, two technology companies, Simon will choose to list on the Nasdaq market, and the traditional Melisandre will be the New York Stock Exchange.

April 1st, April Fool's Day.

This is Saturday.

Simon is still in New York, but Janet returned to Los Angeles directly after finishing the work in Boston yesterday. This morning, she would take Jennifer and the three little guys on the plane to Australia.

The original plan was that only the couple rushed to Australia.

It's a time for two people.

Janet called the old man to talk about it. She was very angry and said that if she didn't bring her baby grandson, she wouldn't go back. Janet is not afraid of everything, except that she is afraid of her father, so she can only agree.

Because of a tacit understanding formed by the family unknowingly, the two women took three children to rush there first, and they were still first-class on a commercial flight.

Simon will set off next Monday as planned.

After two consecutive days of meetings, Simon rushed to the manor in the northern suburbs of Greenwich last night and met Celia Miller in the morning.

Inside the villa study.

Having reported in detail the recent developments of the three private military companies of the Westeros family, Celia finally mentioned one more thing about sending UFMS mercenaries to Yugoslavia for secret missions when she was in Ukraine last time.

The inside story of the whole thing is probably revealed.

At the beginning of the month, a group of mysterious armed forces suddenly attacked an oil train escorted by armed forces in Serbia. Not only was the train bombed, it also caused irreversible damage to the two-kilometer railway, and at the same time caused more than 30 Serbian government troops. Casualties.

After the disintegration of Yugoslavia in 1992, various ethnic groups in Serbia have been in a state of turmoil with the support of various forces.

The melee that lasted for three years just got better at the end of last year, and now, suddenly this happened again.

No party claimed responsibility for the attack.

However, the war has rekindled.

The Middle East, which has just resumed some oil transportation to Europe, has also suffered another heavy blow.

Even without knowing that someone had secretly seconded 200 soldiers from UFMS, Simon could roughly figure out the joints.

In fact, many people know this well.

It's nothing more than a game.

In the final analysis, it is for petrodollars.

When ordinary people talk about the United States provoking various disputes in the Middle East, they will subconsciously think that this is because the Americans want to plunder the oil resources in the Middle East.

This is not the case.

At least not the main reason.

The fundamental purpose of the Americans doing this is to maintain the U.S. dollar-based oil settlement system. There is no volume of commodities that can be compared with oil on a global scale. Bundling the U.S. dollar with oil can basically determine the U.S. dollar's position as a settlement currency in the global market.

Only by ensuring this can the United States be able to reap global wealth by controlling the issuance of U.S. dollars, and even when an economic crisis occurs, it can pass on to the world the losses that should be borne by the United States itself.

The 2008 subprime mortgage crisis was the most typical case of the crisis passed on by the United States.

The crisis spread to the world, and even Africa was not able to escape. Many African countries fell back into turmoil after 2008 due to economic recession. However, the U.S. economy rebounded rapidly after a brief downturn in 2009, restarting a decade-long economic boom.

Different from the rising economic data in the United States, other established capitalist countries, such as the United Kingdom, France, Germany, etc., have experienced long-term turbulence and stagnation after 2008. All of this is because the US used the US dollar to successfully pass on a major crisis that should have completely destroyed the US economy in 2008.

Therefore, whether it is before or after 2008, in order to maintain the petrodollar and maintain the hegemony of the dollar, the United States will never hesitate to launch any war.

The turbulence that lasted for a decade in Yugoslavia in the 1990s is basically this.

This area happens to connect Europe and the Middle East.

Therefore, Europe has always wanted to build a road oil channel directly connecting Europe and the Middle East. Once this channel is completed, it will not only greatly reduce the cost of obtaining energy in Europe, but most importantly, it will also be able to largely bypass the US dollar settlement system. , To achieve direct local currency settlement transactions between Europe and several Middle Eastern oil producing countries such as Syria, Iraq and even Iran.

As the only superpower after the collapse of the Soviet Union, the current United States certainly will not allow this to happen.

Therefore, the Yugoslavia region, which is the key node of this road, has been turbulent for ten years.

As a result, starting in 1992, three years of melee, and the parties had just stopped a little bit, and the oil train was bombed immediately, and the fighting continued.

In Simon's memory, this melee did not stop until after the millennium.

As for the reason.

Looking at the fate of Syria, Iraq and Iran, it is clear at a glance.

For the remaining oil producing countries in the Middle East such as Saudi Arabia, Yemen, and Kuwait, no one dares to mention a certain road oil channel. The countries in the former Yugoslavia that have finally stabilized come back to their senses, and no one feels bad. Otherwise, every minute is a disaster for the country.

Although in his bones is dominated by a certain soul from across the ocean, Simon also knows that the interests of the Westeros family are destined to be firmly tied to the country where he lives.

In the past, as a bystander, Simon naturally attacked the U.S. brutality.

Now, Simon doesn't think there is anything wrong with Washington doing this.

After all, this is a world where the weak can eat the strong.

No matter how civilized on the surface, it is fundamentally the weak. Countries that do not understand this or do not respect this have no future in this world.

Only by maintaining the aggressiveness derived from our genetic instincts can a country or a nation survive for a long time.

It's like two people, one is tall and arrogant, full of aggressiveness, and the other is not small, but always holding the idea that more is worse than less, and the wind and waves are calm and the sea is a step back. As a result, the arrogant and unreasonable person I found that the other one always tolerates concessions and naturally keeps making moves. It is very likely that he will be killed by accident.

If there are no rules that can restrict the barbarian in the two people's world, then the result will only be that the barbaric occupy the good man's house, sleep with the good man's wife, and have nothing to do with the good man's baby.

This is the final outcome.

Natural selection, survival of the fittest.

The key lies in the word ‘Jing’.

In Simon's memory, under the constant exaggeration of various forces, many people maintain a prejudice against Russia and believe that Russia is aggressive and belongs to the axis of evil in the bones and should be guarded against.

however.

Many people seem to have forgotten the fact that the most popular language in the world, Russian is not even in the top five.

The biggest one is called ‘English’.

Then, there is French called beautiful and elegant, which is used in most of Africa. There is also Spanish throughout the world, most widely in Latin America. There are even German and Italian.

It’s just that, because the countries behind these languages ​​have enough resources, have enough power to speak, and occupy the commanding heights of morality, they have become symbols of the world’s civilization, become rule-makers, and then use them to make The rules continue to plunder.

If you disagree and dare not fight for it, of course you are uncivilized, evil, and need to be eliminated.

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