236: Goldman Sachs has messed up; its Asia-Pacific operations have collapsed!
chinas richest man is going head-to-head with Goldman Sachs!
This was definitely the most explosive news at the end of 2014.
It can be said like this.
Goldman Sachs was the last to know about it.
After the big shots from other companies on Wall Street got the full story, they almost burst out laughing.
"It's hilarious! I thought Junlin Finance in China was a soft persimmon that they could squeeze, but who knew it was a tough nut to crack? As soon as they found out, they immediately turned hostile and wanted to fight!"
"Goldman Sachs hasn't had it easy these past few years, and they might really suffer severe losses because of him!"
"Still too young, if you ask me. They should have taken legal action first, dealt with Goldman Sachs, and then talked. Now they've lost the initiative, haven't they?"
As the saying goes, rivals are enemies.
As long as Goldman Sachs Group exists, some business will be encroached upon by them, making it impossible for other companies to get involved.
If Junlin Finance can really take down Goldman Sachs, they might fly to China to set off firecrackers in front of Junlin Finance to celebrate.
Even if that possibility is only one in ten thousand!
And Morgan Ored of the Morgan Family, he was also watching this news.
"Goldman Sachs? The one that mocked me the most fiercely before? How dare you? You're a trash company on the verge of bankruptcy!"
"Don't think those Chinese people are easy to mess with; they're a bunch of insidious guys. I don't believe they would declare war so high-profile without being fully prepared!"
OReid had suffered losses before.
He had merely wanted to snatch some Brokerage Firms' chips, and Brother Lin had completely shaken him out of the market.
Now, Goldman Sachs is clearly targeting Junlin Finance, which is a much bigger deal than what happened to him back then.
OReid originally thought they would let it go, but after so much time passed, he suddenly announced it high-profile on the Social Media Platform.
OReid believed that Brother Lin must have made full preparations!
.
Indeed.
Without full preparations, how could Wang Lin have said such words?
For this first strike, he had made complete preparations.
This announcement was just a notification.
Notifying Goldman Sachs Headquarters to come and collect the head of their Asia-Pacific Region business!
However, at present, Goldman Sachs Headquarters has no interest in dealing with various matters in China.
Regarding Brother Lin's provocation on the Social Media Platform, they only assumed it was a conflict between the Asia-Pacific Region head and the other party.
That's all.
If there's a conflict, there's a conflict. Anyway, in the current A-share market, they've studied it, and the bulls are in control. If Brother Lin and his team dare to dump, what if they take over?
In a bull market, the Brokerage Firms sector is not afraid of taking over!
Indeed.
In these past few months, Wang Lin really wouldn't make a move against Goldman Sachs Group in the A-share market.
Because the time cost would be too great, and the effort expended too much, but with little return.
After all, in this market, there aren't just these two companies.
If they dump too aggressively, other Institutions will also come in to buy the dip once they see profit.
Before money, everyone is equal.
So Wang Lin's move was to directly strike at Goldman Sachs's weakness!
This first strike.
After Wang Lin finished posting on the Social Media Platform, the effect was already evident!
Several senior executives from Goldman Sachs Asia Pacific Region's fixed income department, along with some elite trading backbone staff, had already leaked their company's client holdings list for the upcoming quarter.
This is equivalent to having a sword hanging over these funds, a sword that can pierce through their profits at any time!
Who doesn't know Junlin Finance now? The amount of capital they control is terrifying!
Let alone Goldman Sachs's Asia-Pacific Region department, even Goldman Sachs Headquarters, in terms of deployable capital, might not have as much as Brother Lin can deploy!
Wall Street sounds impressive and high-end, but the competition here is even fiercer.
No company can thrive forever; even if they survive for a long time, there will be ups and downs. Goldman Sachs Group just happens to be in a trough period right now.
And they had the nerve to provoke Brother Lin!
[Goldman Sachs Asia Pacific Region Q1 2015 Client Holdings List Exposed!]
[Multiple Trading Backbone Staff from Goldman Sachs Asia Pacific Region Resign!]
[Multiple Executives from Goldman Sachs Asia Pacific Region Resign!]
Waking up, Goldman Sachs Group Headquarters found that the sky had fallen.
How did the Asia-Pacific Region's operations suddenly fall into complete disarray overnight?
The most serious issue was the exposure of the client holdings list; wasn't this equivalent to their company's business running naked?
Anyone who disliked them could easily mess with these projects at any time.
And the resignations of trading backbone staff and executives, without any warning!
At an emergency meeting at Goldman Sachs Headquarters.
The leader, David Solomon, looked at the reports sent by his subordinates, his head aching!
"Who can tell me what's going on? How did the Asia-Pacific Region's business collapse overnight?"
"Kevin Johnson, you explain it to me!?!"
David looked at Kevin with cold eyes.
He was the head of Goldman Sachs in the Asia-Pacific Region, specifically responsible for various businesses in the Asia-Pacific Region.
Now, the Asia-Pacific Region's business has collapsed, and even several local executives and traders have resigned, but that's not the most important thing.
These people can be rehired at any time.
The most crucial thing is the leakage of client data, which is the most fatal!
This is equivalent to someone knowing the password to their safe.
Who wouldn't be anxious about this?!
Kevin stood up in a hurry, also sweating profusely at this moment.
Half an hour ago, someone had called him and told him everything.
Even major clients had called him directly, threatening to terminate cooperation and withdraw managed funds if he didn't solve the leak problem!
He didn't know what to do, and now the headquarters' leader had called this emergency meeting.
Kevin's mind was blank; the only thing he remembered was Junlin Finance.
Yes, it was Junlin Finance.
Kevin immediately said, "It's Junlin Finance. They're behind all of this. We had some conflicts with them in our A-share market business before, and I thought I'd give them a small warning!"
"Only I didn't expect that this warning wouldn't have its intended effect!"
An executive next to him sneered, "So, now Wall Street is mocking Goldman Sachs, saying that you helped a certain richest man in China expose his identity early, making his net worth soar again?"
Kevin remained silent.
But that executive didn't intend to let him off: "Not only that, the collapse of the Asia-Pacific Region's business is probably related to him too, right? All of this is your responsibility! Kevin Johnson, you have provoked a vengeful enemy!"
David, the leader, was also very troubled.
Normally, they wouldn't care about a mere richest man in China.
What if he's chinas richest man?
As long as their business didn't overlap, with their power and channels on Wall Street, dealing with the other party would be easy.
But now, the situation had reversed.
Their business was actually disrupted by the other party!
The collapse of the Asia-Pacific Region's business might only be the first step!
The richest man in China is going head-to-head with Goldman Sachs!
This was definitely the most explosive news at the end of 2014.
It can be said like this.
Goldman Sachs was the last to know about it.
After the big shots from other companies on Wall Street got the full story, they almost burst out laughing.
"It's hilarious! I thought Junlin Finance in China was a soft persimmon that they could squeeze, but who knew it was a tough nut to crack? As soon as they found out, they immediately turned hostile and wanted to fight!"
"Goldman Sachs hasn't had it easy these past few years, and they might really suffer severe losses because of him!"
"Still too young, if you ask me. They should have taken legal action first, dealt with Goldman Sachs, and then talked. Now they've lost the initiative, haven't they?"
As the saying goes, rivals are enemies.
As long as Goldman Sachs Group exists, some business will be encroached upon by them, making it impossible for other companies to get involved.
If Junlin Finance can really take down Goldman Sachs, they might fly to China to set off firecrackers in front of Junlin Finance to celebrate.
Even if that possibility is only one in ten thousand!
And Morgan Ored of the Morgan Family, he was also watching this news.
"Goldman Sachs? The one that mocked me the most fiercely before? How dare you? You're a trash company on the verge of bankruptcy!"
"Don't think those Chinese people are easy to mess with; they're a bunch of insidious guys. I don't believe they would declare war so high-profile without being fully prepared!"
OReid had suffered losses before.
He had merely wanted to snatch some Brokerage Firms' chips, and Brother Lin had completely shaken him out of the market.
Now, Goldman Sachs is clearly targeting Junlin Finance, which is a much bigger deal than what happened to him back then.
OReid originally thought they would let it go, but after so much time passed, he suddenly announced it high-profile on the Social Media Platform.
OReid believed that Brother Lin must have made full preparations!
.
Indeed.
Without full preparations, how could Wang Lin have said such words?
For this first strike, he had made complete preparations.
This announcement was just a notification.
Notifying Goldman Sachs Headquarters to come and collect the head of their Asia-Pacific Region business!
However, at present, Goldman Sachs Headquarters has no interest in dealing with various matters in China.
Regarding Brother Lin's provocation on the Social Media Platform, they only assumed it was a conflict between the Asia-Pacific Region head and the other party.
That's all.
If there's a conflict, there's a conflict. Anyway, in the current A-share market, they've studied it, and the bulls are in control. If Brother Lin and his team dare to dump, what if they take over?
In a bull market, the Brokerage Firms sector is not afraid of taking over!
Indeed.
In these past few months, Wang Lin really wouldn't make a move against Goldman Sachs Group in the A-share market.
Because the time cost would be too great, and the effort expended too much, but with little return.
After all, in this market, there aren't just these two companies.
If they dump too aggressively, other Institutions will also come in to buy the dip once they see profit.
Before money, everyone is equal.
So Wang Lin's move was to directly strike at Goldman Sachs's weakness!
This first strike.
After Wang Lin finished posting on the Social Media Platform, the effect was already evident!
Several senior executives from Goldman Sachs Asia Pacific Region's fixed income department, along with some elite trading backbone staff, had already leaked their company's client holdings list for the upcoming quarter.
This is equivalent to having a sword hanging over these funds, a sword that can pierce through their profits at any time!
Who doesn't know Junlin Finance now? The amount of capital they control is terrifying!
Let alone Goldman Sachs's Asia-Pacific Region department, even Goldman Sachs Headquarters, in terms of deployable capital, might not have as much as Brother Lin can deploy!
Wall Street sounds impressive and high-end, but the competition here is even fiercer.
No company can thrive forever; even if they survive for a long time, there will be ups and downs. Goldman Sachs Group just happens to be in a trough period right now.
And they had the nerve to provoke Brother Lin!
[Goldman Sachs Asia Pacific Region Q1 2015 Client Holdings List Exposed!]
[Multiple Trading Backbone Staff from Goldman Sachs Asia Pacific Region Resign!]
[Multiple Executives from Goldman Sachs Asia Pacific Region Resign!]
Waking up, Goldman Sachs Group Headquarters found that the sky had fallen.
How did the Asia-Pacific Region's operations suddenly fall into complete disarray overnight?
The most serious issue was the exposure of the client holdings list; wasn't this equivalent to their company's business running naked?
Anyone who disliked them could easily mess with these projects at any time.
And the resignations of trading backbone staff and executives, without any warning!
At an emergency meeting at Goldman Sachs Headquarters.
The leader, David Solomon, looked at the reports sent by his subordinates, his head aching!
"Who can tell me what's going on? How did the Asia-Pacific Region's business collapse overnight?"
"Kevin Johnson, you explain it to me!?!"
David looked at Kevin with cold eyes.
He was the head of Goldman Sachs in the Asia-Pacific Region, specifically responsible for various businesses in the Asia-Pacific Region.
Now, the Asia-Pacific Region's business has collapsed, and even several local executives and traders have resigned, but that's not the most important thing.
These people can be rehired at any time.
The most crucial thing is the leakage of client data, which is the most fatal!
This is equivalent to someone knowing the password to their safe.
Who wouldn't be anxious about this?!
Kevin stood up in a hurry, also sweating profusely at this moment.
Half an hour ago, someone had called him and told him everything.
Even major clients had called him directly, threatening to terminate cooperation and withdraw managed funds if he didn't solve the leak problem!
He didn't know what to do, and now the headquarters' leader had called this emergency meeting.
Kevin's mind was blank; the only thing he remembered was Junlin Finance.
Yes, it was Junlin Finance.
Kevin immediately said, "It's Junlin Finance. They're behind all of this. We had some conflicts with them in our A-share market business before, and I thought I'd give them a small warning!"
"Only I didn't expect that this warning wouldn't have its intended effect!"
An executive next to him sneered, "So, now Wall Street is mocking Goldman Sachs, saying that you helped a certain richest man in China expose his identity early, making his net worth soar again?"
Kevin remained silent.
But that executive didn't intend to let him off: "Not only that, the collapse of the Asia-Pacific Region's business is probably related to him too, right? All of this is your responsibility! Kevin Johnson, you have provoked a vengeful enemy!"
David, the leader, was also very troubled.
If it were peacetime, they wouldn't care about a mere richest man in China.
What if he's chinas richest man?
As long as their business didn't overlap, with their power and channels on Wall Street, dealing with the other party would be easy.
But now, the situation had reversed.
Their business was actually disrupted by the other party!
The collapse of the Asia-Pacific Region's business might only be the first step!
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