Chapter 220： boston red sox
Erica came here after Amber left Silicon Valley and returned to Los Angeles.
Now Erica has a completely different temperament from when she was a university lecturer. She acts neatly and has the momentum of a strong woman. This is normal. In Meta Investment Company, when Chen William is not there, she represents Chen William, Helping him manage the company gradually developed such a temperament.
"I should remind you that when you go back to New York, you'd better go to NYU. You haven't shown up since the beginning of the semester."
At night, Erica went into William Chen's bedroom and said to him.
"I haven't missed the course. I have been learning the notes and recordings you sent me from the email."
Chen William was talking, walked to Erica's side, and smelled the faint scent of shower gel on her body. Seeing that her skin was delicate, it must have been just after taking a shower. He deliberately leaned over and smelled it. He smiled and said. :
"However, some knowledge still needs to be explained to me by Teacher Erica, and some are not very skilled."
Erica raised her eyebrows, but boldly put her hand on Chen William's chin, rubbed his beard, which was slightly thorny, and said coldly:
"I'll check. If your knowledge is not good, you will be punished, student William."
...
The next day, William Chen took Erica to various companies of Meta Technology and gave her a brief introduction. The next thing here will be handled by her for the time being.
For example, the liaison and coordination of its subsidiaries, such as the arrangement of each company moving into the office building temporarily named Meta Technology Building, and the confirmation of the land plot with the local government of Silicon Valley, and finding a design company to tender for the overall design of the Meta Technology Park , and start building.
There are still a lot of things to do, but now that Meta Technology has generally established a structure, Erica needs to continue to recruit personnel.
After arranging these things, William Chen returned to New York. Regarding the acquisition of The New York Times, the Salzberg family gave a reply.
Before the subprime mortgage crisis, the mergers and acquisitions of newspaper groups were very fierce. At that time, the acquisition of newspapers was often higher than the original value, and the acquisition was carried out at a premium, often even more than double the premium.
Most of these acquisitions are carried out through leveraged financing. For example, the bankrupt Tribune Group, its former owner real estate tycoon Zell, once ambitiously entered the journalism industry, selling his full set of real estate assets for 39 billion yuan It was sold to the Blackstone Group at a price of US dollars, and then acquired the Tribune Group, and acquired it at a premium, becoming the top three newspaper groups in the United States.
But with the impact of the Internet and the outbreak of the subprime mortgage crisis, the Tribune Group eventually ended in bankruptcy.
The same is true for the New York Times. It once purchased the Boston Globe at a high price of $1.1 billion, but it only bought $70 million in the end. Hidden danger.
Now William Chen said he is ready to buy the New York Times Group at a high premium of $2.5 billion. To be honest, if it was three or four years ago, the Salzberg family might have sneered at this offer, but now, " When the market value of The New York Times fell below $1.5 billion immediately, and when it was in debt of $1 billion, they couldn't help but be moved.
After all, not only the "New York Times" group, but other industries of their family are also greatly affected. According to the news from Goldman Sachs, the Salzberg family is not only involved in the investment business of real estate and subprime mortgage bonds, but also the most important What’s more, at the beginning of this year, Madoff’s Ponzi scheme exploded because of the subprime mortgage crisis, and many customers were damaged by cashing out their fund shares on a large scale. The assets involved in the world amounted to more than 70 billion US dollars, of which the Salzberg family. It was one of the victims of this scam who allegedly lost at least $500 million, which at this point made matters worse.
In 1989, Madoff's securities investment firm controlled more than 5% of trading volume on the New York Stock Exchange. In 1991, Madoff became chairman of the Nasdaq board. Under his leadership, Nasdaq has become a stock exchange that rivals the New York Stock Exchange, making great contributions to the listing of Apple, Cisco, Google and other companies on Nasdaq in the future.
Therefore, Madoff has a strong network in the securities and financial industry in the United States, and it is precisely because of this that his so-called stable and high-yield fund can deceive so many people. What is the most exaggerated? His funds all have thresholds. If your status is not up to the level, you won't be able to see him even if you want to invest.
You even need to have a special club. Only if you have the qualifications to join this club can you show that you have a certain identity and influence, and you are worthy of being deceived by him.
Countless people, in order to obtain the qualifications to be deceived by him, tried their best to squeeze their heads. Even when you tell your friends that you can be deceived by Madoff, it is a very worthy thing to show off, and in your circle, you may get envious eyes from others.
Therefore, as soon as Madoff's scam exploded, many people in the United States suffered heavy losses, and most of these people had a certain identity and status.
It is said that the biggest losses are several investment funds and local tyrants in the Middle East rich country. Their losses are conservatively estimated to exceed 30 billion US dollars.
The most amazing thing is that although Madoff's son participated in the management of the fund, he managed to get out of it, and only Madoff himself was sentenced. It's not hard to understand the tricky part of this. Those fund investors with the most energy have already got their share back before the explosion, and even made a profit, so they will naturally save Madoff's family after he takes the blame. .
How to say the lines in "Let the Bullets Fly", "The money of the tyrants should be returned in full, and the money of the common people should be divided into three or seven accounts."
Therefore, in this kind of thing, the ultimate loss is only those ordinary rich people, as well as those who take advantage of the local tyrants in the Middle East...
The Salzberg family has also become one of the unfortunate losers, which has made their life even more difficult under the economic crisis.
According to Nielsen, the Salzberg family's request has two points. One is to raise the purchase price to at least $3 billion; team shares.
"Boston Red Sox? Is it worth the money?"
William Chen knew that the Boston Red Sox had always been a baseball team and was affiliated with the Major League Baseball (MLB), although the acronym was a bit like a curse, but this league was second only to the NFL's sporting events.
Although in the eyes of the Chinese people, the most famous sports event in the United States is the NBA, but in fact, in the United States, the four major leagues - American Football League (NFL), American Major League Baseball (MLB), American Men's In the Basketball Professional League (NBA) and the National Hockey League (NHL), the NBA can only be ranked third in terms of commercial value and popularity.
"The Boston Red Sox is a traditional strong team in the MLB Eastern Division, and has performed well in recent years. From 2003 to the present, it has won two league championships."
Chen William's soul comes from China, so for football, the NBA is fine. I occasionally watch it, but I prefer football But America is a football desert, and the people's favorite sports here are rugby and baseball. , basketball, ice hockey, etc., so I usually don't care much about these items.
Through Nielsen's introduction, William Chen knew that in 2002, the New England Sports Investment Company led by John Henry acquired the Boston Red Sox, in which the New York Times Group participated and held a $75 million price tag. About 17% of the company's shares have been held until now. Because the baseball team has performed very well in recent years, this part of the shares is currently worth about 200 million US dollars.
"Baseball has a good influence in China, so we might as well buy the Boston Red Sox directly through these shares. Wouldn't this be more conducive to the popularity of our media group?"
"Well, if it's someone else, it's okay to do this, but it's okay to own a portion of the baseball team, but it's better not to be its owner."
"?"
Seeing the doubts on William Chen's face, Nelson knew that his boss really didn't know much about MLB. He said:
"There's only one reason, and that's because the Boston Red Sox and the New York Yankees are mortal enemies. If you become the owner of the Boston Red Sox, then in the eyes of almost all New Yorkers, you're probably not welcome."
American Road to Fame https://
Now Erica has a completely different temperament from when she was a university lecturer. She acts neatly and has the momentum of a strong woman. This is normal. In Meta Investment Company, when Chen William is not there, she represents Chen William, Helping him manage the company gradually developed such a temperament.
"I should remind you that when you go back to New York, you'd better go to NYU. You haven't shown up since the beginning of the semester."
At night, Erica went into William Chen's bedroom and said to him.
"I haven't missed the course. I have been learning the notes and recordings you sent me from the email."
Chen William was talking, walked to Erica's side, and smelled the faint scent of shower gel on her body. Seeing that her skin was delicate, it must have been just after taking a shower. He deliberately leaned over and smelled it. He smiled and said. :
"However, some knowledge still needs to be explained to me by Teacher Erica, and some are not very skilled."
Erica raised her eyebrows, but boldly put her hand on Chen William's chin, rubbed his beard, which was slightly thorny, and said coldly:
"I'll check. If your knowledge is not good, you will be punished, student William."
...
The next day, William Chen took Erica to various companies of Meta Technology and gave her a brief introduction. The next thing here will be handled by her for the time being.
For example, the liaison and coordination of its subsidiaries, such as the arrangement of each company moving into the office building temporarily named Meta Technology Building, and the confirmation of the land plot with the local government of Silicon Valley, and finding a design company to tender for the overall design of the Meta Technology Park , and start building.
There are still a lot of things to do, but now that Meta Technology has generally established a structure, Erica needs to continue to recruit personnel.
After arranging these things, William Chen returned to New York. Regarding the acquisition of The New York Times, the Salzberg family gave a reply.
Before the subprime mortgage crisis, the mergers and acquisitions of newspaper groups were very fierce. At that time, the acquisition of newspapers was often higher than the original value, and the acquisition was carried out at a premium, often even more than double the premium.
Most of these acquisitions are carried out through leveraged financing. For example, the bankrupt Tribune Group, its former owner real estate tycoon Zell, once ambitiously entered the journalism industry, selling his full set of real estate assets for 39 billion yuan It was sold to the Blackstone Group at a price of US dollars, and then acquired the Tribune Group, and acquired it at a premium, becoming the top three newspaper groups in the United States.
But with the impact of the Internet and the outbreak of the subprime mortgage crisis, the Tribune Group eventually ended in bankruptcy.
The same is true for the New York Times. It once purchased the Boston Globe at a high price of $1.1 billion, but it only bought $70 million in the end. Hidden danger.
Now William Chen said he is ready to buy the New York Times Group at a high premium of $2.5 billion. To be honest, if it was three or four years ago, the Salzberg family might have sneered at this offer, but now, " When the market value of The New York Times fell below $1.5 billion immediately, and when it was in debt of $1 billion, they couldn't help but be moved.
After all, not only the "New York Times" group, but other industries of their family are also greatly affected. According to the news from Goldman Sachs, the Salzberg family is not only involved in the investment business of real estate and subprime mortgage bonds, but also the most important What’s more, at the beginning of this year, Madoff’s Ponzi scheme exploded because of the subprime mortgage crisis, and many customers were damaged by cashing out their fund shares on a large scale. The assets involved in the world amounted to more than 70 billion US dollars, of which the Salzberg family. It was one of the victims of this scam who allegedly lost at least $500 million, which at this point made matters worse.
In 1989, Madoff's securities investment firm controlled more than 5% of trading volume on the New York Stock Exchange. In 1991, Madoff became chairman of the Nasdaq board. Under his leadership, Nasdaq has become a stock exchange that rivals the New York Stock Exchange, making great contributions to the listing of Apple, Cisco, Google and other companies on Nasdaq in the future.
Therefore, Madoff has a strong network in the securities and financial industry in the United States, and it is precisely because of this that his so-called stable and high-yield fund can deceive so many people. What is the most exaggerated? His funds all have thresholds. If your status is not up to the level, you won't be able to see him even if you want to invest.
You even need to have a special club. Only if you have the qualifications to join this club can you show that you have a certain identity and influence, and you are worthy of being deceived by him.
Countless people, in order to obtain the qualifications to be deceived by him, tried their best to squeeze their heads. Even when you tell your friends that you can be deceived by Madoff, it is a very worthy thing to show off, and in your circle, you may get envious eyes from others.
Therefore, as soon as Madoff's scam exploded, many people in the United States suffered heavy losses, and most of these people had a certain identity and status.
It is said that the biggest losses are several investment funds and local tyrants in the Middle East rich country. Their losses are conservatively estimated to exceed 30 billion US dollars.
The most amazing thing is that although Madoff's son participated in the management of the fund, he managed to get out of it, and only Madoff himself was sentenced. It's not hard to understand the tricky part of this. Those fund investors with the most energy have already got their share back before the explosion, and even made a profit, so they will naturally save Madoff's family after he takes the blame. .
How to say the lines in "Let the Bullets Fly", "The money of the tyrants should be returned in full, and the money of the common people should be divided into three or seven accounts."
Therefore, in this kind of thing, the ultimate loss is only those ordinary rich people, as well as those who take advantage of the local tyrants in the Middle East...
The Salzberg family has also become one of the unfortunate losers, which has made their life even more difficult under the economic crisis.
According to Nielsen, the Salzberg family's request has two points. One is to raise the purchase price to at least $3 billion; team shares.
"Boston Red Sox? Is it worth the money?"
William Chen knew that the Boston Red Sox had always been a baseball team and was affiliated with the Major League Baseball (MLB), although the acronym was a bit like a curse, but this league was second only to the NFL's sporting events.
Although in the eyes of the Chinese people, the most famous sports event in the United States is the NBA, but in fact, in the United States, the four major leagues - American Football League (NFL), American Major League Baseball (MLB), American Men's In the Basketball Professional League (NBA) and the National Hockey League (NHL), the NBA can only be ranked third in terms of commercial value and popularity.
"The Boston Red Sox is a traditional strong team in the MLB Eastern Division, and has performed well in recent years. From 2003 to the present, it has won two league championships."
Chen William's soul comes from China, so for football, the NBA is fine. I occasionally watch it, but I prefer football But America is a football desert, and the people's favorite sports here are rugby and baseball. , basketball, ice hockey, etc., so I usually don't care much about these items.
Through Nielsen's introduction, William Chen knew that in 2002, the New England Sports Investment Company led by John Henry acquired the Boston Red Sox, in which the New York Times Group participated and held a $75 million price tag. About 17% of the company's shares have been held until now. Because the baseball team has performed very well in recent years, this part of the shares is currently worth about 200 million US dollars.
"Baseball has a good influence in China, so we might as well buy the Boston Red Sox directly through these shares. Wouldn't this be more conducive to the popularity of our media group?"
"Well, if it's someone else, it's okay to do this, but it's okay to own a portion of the baseball team, but it's better not to be its owner."
"?"
Seeing the doubts on William Chen's face, Nelson knew that his boss really didn't know much about MLB. He said:
"There's only one reason, and that's because the Boston Red Sox and the New York Yankees are mortal enemies. If you become the owner of the Boston Red Sox, then in the eyes of almost all New Yorkers, you're probably not welcome."
American Road to Fame https://
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