America's Road to Wealth

Chapter 247 Angry Abel

The figure of $25 billion made Bob Wright serious.

As CEO of NBC Television Network, Bob Wright discussed NBC's value with executives at GE.

GE executives valued NBC at about $15 billion two years ago.

As CEO of NBC. Bob Wright believes that it is worth at least 18 billion US dollars.

Abel’s initial offer was $20 billion.

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

It is much higher than the appraisal price of General Electric Group executives.

When General Electric acquired 80% of the NBC television network, it only spent $2.4 billion.

Of course, that was 1986. The U.S. dollar back then was worth far more than it is now.

Just fifteen years later, NBC can steadily provide GE with profits of hundreds of millions of dollars every year.

The money spent on NBC has already been earned back by itself.

Calculated based on the purchase price of US$2.4 billion.

US$20 billion in fifteen years is enough to make any GE executive or board member excited.

But Bob Wright believes that NBC can be more valuable in the future.

It was when Abel reported the figure of 25 billion later that Bob Wright became a little excited.

"Listen up." Looking at Bob Wright, who fell into silence after he quoted the price.

Abel said again:

"It can be cash or stocks. If it's cash, I have enough cash flow on hand to pay it. If it's stocks, GE can take it as long as I have shares of listed companies."

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

It just so happens that Abel has the most unlisted companies.

If General Electric really wants to exchange shares for shares, it can only exchange them for 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, for his part, heard this additional clause from Abel.

The CEO of NBC was a little stunned at Abel Smith's financial resources.

Two hundred and five billion US dollars in cash, can you get it at any time?

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

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

But it was able to take out 25 billion US dollars at once.

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

But Bob Wright gritted his teeth in his heart.

Abel's speed in quoting and increasing prices was so refreshing.

It left Bob Wright wanting more.

People are greedy, and the CEO of NBC feels that he is understandable.

Bob Wright said:

"At least 30 billion US dollars. Mr. Smith. If you offer 30 billion US dollars, maybe General Electric can throw away the not-for-sale label on NBC."

If only NBC could be sold for $30 billion.

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

Not to mention bonuses.

Just getting Bob Wright back into GE management would go a long way.

[Promise, promise. You are so rich...please agree]

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

Bob Wright soon found a response in Abel.

I saw that Abel's expression became colder, no longer as warm as at the beginning.

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

But Abel spoke expressionlessly and said:

"Mr. Wright. My attitude is very serious, and my intention to buy is also very serious. But you seem to regard me as a fool? Please ask yourself and GE, is NBC worth 30 billion US dollars?"

Of course it wasn't worth it, Bob Wright thought.

None of the three major public television networks is worth $30 billion today.

Disney Media Group, which already owns the ABC television network, currently has a market value of about US$45 billion.

Disney itself is worth almost US$30 billion.

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

Viacom, which owns the CBS television network, has a market capitalization of only about $30 billion.

Time Warner, the media group with the highest market value, is worth about 50 billion.

The NBC television network is worth more than 30 billion U.S. dollars.

The market capitalization of US$25 billion is already a considerable premium.

Seeing Abel's expressionless face, Bob Wright quickly smiled and said:

"The price is negotiable. Maybe 28 billion is a good number?"

"Forget it." Abel stood up and said to Bob Wright:

"I will make an offer to the management and board of directors of General Electric, the parent company of NBC. After that, Mr. Wright, this matter has little to do with you. That's it, the Nordic cuisine here is good, You can stay and eat by yourself.”

Bob Wright stood up to try to save him, to say something.

Abel stood up and walked out directly, and a group of Abel's followers also walked out.

Bob Wright wanted to stop him, but he stretched out his hand but did not dare to pull Abel. In the end, he could only helplessly watch Abel walk out of the Brandy Restaurant.

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

After Abel and others walked out of the Brandy Restaurant, he was the only one left at the table.

Bob Wright hammered the table twice, feeling unhappy.

Abel left the Brandy Restaurant and said directly to Alan Baker who was following him:

"Allen, launch an offer to General Electric for NBC, the price is $20 billion."

Alan Baker felt relieved, and the core of the advisory group also felt that $20 billion was the normal price for NBC.

Allen immediately agreed: "No problem, I will send a letter to General Electric on your behalf."

Abel nodded and got into the Lincoln Town Car in the middle of the motorcade.

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

Andy nodded in agreement.

Abel's two drivers in New York both know what Abel usually says about the company.

Refers to the Smith Building where Smith Capital is located.

Half an hour later.

Abel arrived on the fourth floor of the Smith Building.

After the safe house ban was lifted, the trading floor on the fourth floor still focused on the USD/NOK trend.

David Mellon and another president of the company 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 on duty.

".The current market price is 7.6060."

David Mellon reported the data to Abel: "From a point perspective, we have made a slight profit. But these floating profits are, at most, just enough to cover interest and handling fees."

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

For some time now, the USD/NOK currency pair has been like a patient with a failed EKG.

A very complete flat line has been found, and exchange rate fluctuations can be said to be minimal.

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

The number of standard foreign exchange futures lots piled on it has reached an exaggerated 2.8 million lots.

In terms of the amount of funds, it’s almost more than 280 billion U.S. dollars.

The GDP of the Kingdom of Norway last year was only US$171.2 billion, and the funds accumulated in foreign exchange transactions of their sovereign currency have exceeded their GDP last year.

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

Such a huge amount of money is piled on Norwegian krone. Whether it goes short or long, it will inevitably have a great impact on this country's sovereign currency.

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

In fact, Norway had already asked the EU for help as early as two days ago.

Norway is not a member of the EU, and there has been no response from the EU so far.

At this time, the bulls and bears piling up on USD/NOK may also be looking at the EU's reaction.

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

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

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

David nodded and said, "I've already talked to Jed, and he feels the same way."

Jed is one of the company’s presidents and a senior 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 also more than a dozen presidents and several senior partners.

Above these people is CEO Paulson.

The president is the president and the CEO is the CEO.

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

The chief executive officer, also known as the CEO, is generally the most powerful person in a company besides the chairman.

Smith Capital now has two presidents and a CEO.

One of the two presidents is Melio, the original deputy manager of Smith Capital, who has become one of the company's presidents.

Melio's responsibilities have not changed and are still responsible for administration and management.

Jade was a new president who was promoted from within the company when the company expanded its recruitment later.

Mainly responsible for investment direction, like David, he is a famous young elite on Wall Street.

Seeing what David Mellon said, Abel asked:

"Then have you discussed with Jed what is the reason for this strange phenomenon that so much money is piled on USD/NOK."

David nodded honestly and said: "We have discussed it."

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

Something as strange as the current USD/NOK situation has rarely occurred in the history of Forex trading.

Huge amounts of money are piled up in a small currency pool.

The Southeast Asian financial crisis a few years ago occurred several times.

On those occasions, international hot money, under the guidance of Soros, launched a plunder of several small Southeast Asian countries.

Those huge accumulations of funds had a purpose and direction.

They all act collectively and have the same goal.

Unlike now with USD/NOK, there is a lot of accumulated funds, but it is a stalemate between long and short, entangled with no winner or loser.

David said: "The result of the discussion between Jed and I is that this is inevitable due to some kind of coincidence."

Abel smiled: "How to say?"

"What Jed means is that the initial stalemate between us and the Neon Man attracted too many onlookers. While these onlookers were watching, some of them couldn't help but leave."

"But after these people left the market, the influx of a large number of retail investors offset the changes in the exchange rate, causing the exchange rate price to calm down again."

"Then there may be other organizations that feel the time is right to stop. Then the above scene happened again."

"Of course, the subsequent outcome will lead to 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 hearing the result of the discussion between David and Jed, Abel smiled and nodded.

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

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

After discussing this speculation, David and Jed did not dare to make a decision.

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

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

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

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

Abel pondered for a moment.

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

For example, in parallel time and space, the "GameStop" incident that will occur in the U.S. stock market in the future is somewhat similar to this incident.

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

More retail investors entered the market, creating 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.

Institutions that smelled blood followed suit.

Then a large group of retail investors stood on the long and short sides and started fighting with the enemy.

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

This scene was unexpected even for Abel's talent.

Abel's gift was first revealed to him.

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

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

What happens next, and the consequences that will follow.

The results given by Abel's talent at the beginning were different.

Fortunately, Abel's talent has never been static.

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

In a scene like this, what should be done is the best solution.

The talent was still told to Abel.

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

After telling David to remain unchanged in the face of all changes and to inform him at any time if any situation arises.

Abel was at the Smith Building for more than an hour or so before leaving.

This time he did not return to Manhattan. Instead, he boarded a helicopter on the roof of the Smith Building and headed directly to Long Island.

The destination is No. 1 Thirteenth Road, Royal Point, New York.

He came to this place less and less recently.

It wasn't that he was getting tired of Elizabeth's angels.

Just kidding, twenty-five immortals and national beauties.

I've only played a lot of them once or twice.

Even if you play a lot, you won’t have to play it many times.

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

The reason why he came here became less and less.

It was the all-pervasive paparazzi and reporters who finally discovered this place after several months.

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

They were trying to take private photos of Isa's angels or get some big news.

In other words, No. 13, Royal Point, New York, has been exposed as the back garden of Isa’s angels and Abel.

This place has been labeled in the media as the dormitory of Isha Angels in New York.

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

Abel hasn't been here much during this period, but some people have already called this place his slut.

Although this is true in a sense, Abel is doing it for the better development of Isa Company in the future.

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

He was photographed with one or two Isa Angels, one could say they were the Smith Girls.

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

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

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

Even his playboy persona is a bit unbearable.

One time vs. one 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 often.

But this is not always an option. He is not tired of these twenty-five pairs of long legs yet.

Until you find a new, better back garden.

Abel felt that he should also "prove" the "innocence" of the Isha angels here.

It proves that the relationship between them and themselves is just a simple employee-supervisor relationship.

It’s not as dirty as reporters and ordinary people think~

This afternoon, he agreed to the invitation from "VOGUE", the world's number one fashion magazine, which has been inviting him for an exclusive interview.

He is going to come here and accept an unprecedented collective interview with "VOGUE" magazine with twenty working Isha Angels.

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

This way he can appear here openly.

Around three o'clock in the afternoon.

Abel's helicopter arrived in the sky above No. 1 Thirteenth Road, Royal Point, New York.

After discovering the appearance of this private plane.

In the public land surrounding No. 1, Huangdian Thirteenth Road, it is hidden in corners such as 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 took crazy pictures of Kiabel's helicopter.

So much so that Abel, who was in the sky, discovered these unscrupulous guys.

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

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

Edward felt a little aggrieved. These wretched guys were smart and knew the legal restrictions.

They are all hiding on the boundary outside No. 1 Thirteenth Road, Royal Point, New York, and they are all in the public boundary.

In that kind of place, rock security isn't good enough to drive them away.

But Abel didn't care.

This time Abel was really angry, scolding Edward to the point of despair.

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

To the New York legal woman Satan, Abel quickly stated his request.

Caroline, who hadn't received such a big order for a long time, immediately became energetic and replied to him immediately:

"Dear Mr. Smith, please don't worry, you will see the ending you want soon!"

"That's best."

Abel hung up the phone.

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