Soviet Godfather

Chapter 74

Bill Gross may not be as famous as Peter Lynch, Warren Buffett, George Soros and others in the hearts of ordinary people. That's because Bill Gross is mainly concerned about the bond market, and the participants in the bond market are large financial institutions and investment management companies. Now Bill Gross is over forty years old, and the Pacific Investment Management Company he works for has also grown from a small fund with a management fund of only tens of millions of dollars to two billion dollars step by step under his sole leadership. large and medium-sized financial institutions.

But Seryozha knew that the Pacific Investment Management Company would develop into the world's largest investment management company in the future, and Bill Gross' title of debt king was also earned step by step in this way. Although Bill Gross was still only a bond fund manager at that time, his power was to some extent greater than that of the President of the United States.

This is not to flatter Bill Gross, because bonds are a matter of life and death for Western capitalist countries. Whether it is the US government, the Japanese government, or the governments of those old capitalist countries in Europe. There is no one that does not rely on the issuance of bonds to raise all the funds needed by the government. Whether it is public construction, military expenditures, education expenditures, or medical expenditures, none of the governments of these countries are living beyond their means. If you evaluate the current financial situation of the US government from the perspective of the company, the total debt is already twice the GDP, and the fiscal deficit continues to increase.

Although national debt is a bond backed by the country's credit, it must also be tested by the market. And the people who tested him were bond market investors like Bill Gross. No matter which country's bond it is, only when it is recognized by the market can it successfully obtain money from international creditors.

Although Mikhail didn't understand what was so great about Bill Gross. But he still put aside his work in Japan and flew to the United States to discuss the specific matters of the acquisition of Pacific Asset Management Company. The management of Pacific Investment Management Company had never heard of the name of Columbia Bank, so he refused to meet with Mikhail at first. Hayle's arrival paid more attention.

Under the arrangement of the president of Barclays Bank, Mikhail took the initiative to visit Pacific Investment Management Corporation. Mikhail came alone, without entourage or assistant, and it seemed that he came in for a casual stroll. This surprised the management of Pacific Investment Management Company.

"Mr. Grachev, we heard that you want to cooperate with us. Do you have any plans?" The CEO of Pacific Investment Management Company asked straight to the point.

"Is Mr. Bill Gross here? I want to see him!" Mikhail didn't care about the CEO of Pacific Investment Management Company at all, and he didn't want to waste time. Seriosha's meaning is very clear. He only wants Bill Gross to join Columbia Bank. If Bill Gross is unwilling to leave Pacific Investment Management Corporation,

Then buy the company. However, if he could convince Bill Gross himself, Mikhail would not be willing to spend the wrong money.

"This one is the CEO of our Pacific Investment Management Corporation - Mark Milken, and Mr. Bill Gross is just our bond business director..."

A lady present was about to introduce the company's management, but Mikhail waved his hand absently, signaling that he didn't want to continue listening. The smile of the CEO of this company, Mark Milken, turned from bright to embarrassing and embarrassing. He couldn't figure out that as the CEO of this company, he was not as good as his subordinates. Yes, this Bill Gross is indeed very powerful, with outstanding performance and a small reputation in the industry, but the business scope of Pacific Investment Management Company is not limited to the field of bond investment.

In the conference room, the people of Pacific Investment Management Company all turned their attention to Mark Milken. Mark Milken stood up pretending to be calm, waved to everyone, and then led everyone out of the room. Mikhail nodded towards Mark Milken as a gesture of thanks.

Mikhail sat quietly in the conference room, quietly waiting for Bill Gross to arrive. After a while, a thin middle-aged man knocked on the door of the office, pushed the door open and walked in. Mikhail stood up, stretched out his hand to the other party, and asked politely: "Are you Mr. Bill Gross, the head of the bond market of this company?"

"Yes, that's me! I heard from my colleagues that you are the head of Columbia Bank. May I ask what you can do for me?" Bill Gross has a beard and is very thin. Although he is in his forties, he He seemed to be very energetic. I don't know if it was because of his occupation, but he always kept a vigilant and shrewd look in his eyes.

"Forgive me for being abrupt, but Bank of Colombia plans to invest in bonds and wants to recruit an experienced and capable fund manager. I wonder if you are interested?" Mikhail said straight to the point.

"Ha, you're really interesting. It's the first time I've seen a guest like you come to poach the wall with such a big fanfare? Unfortunately, my answer is, I'm sorry, I am very happy to work here!" Bill Gross said without hesitation refused.

"I want you to think about it carefully. Before that, please take a look at the investment plan in my hand! I'm sorry that I came to New York from Japan to find you. This investment plan is also my investment plan. It was improvised on the plane!" After speaking, Mikhail took out a piece of A4 printing paper from his pocket, then unfolded it and placed it in front of Gross, Gross looked at the paper curiously, it simply wrote In the first year, 10 billion, in the second year, 20 billion, in the third year, 40 billion...

"May I ask what you mean by the 10 billion you wrote above? It won't be the size of the fund, is it? Is the currency value in US dollars?" Bill Gross asked, looking at the other party in disbelief.

"It seems that you understand my plan, that's easy to say! Next, I'll talk to you about the salary. The annual salary is 30 million US dollars, and the performance can be increased by 10% every year. Of course, there are other benefits. Stocks and year-end dividends, I think based on your current performance, you can get an annual income of about 100 million US dollars from us! As far as I know, even the CEO of Goldman Sachs can only get half of this price... "

Bill Gross had never heard of such a generous salary, which far exceeded Bill Gross' imagination, but the Columbia Bank where the other party worked was unknown before, so Bill Gross hurriedly found a Chance interjected and asked, "What kind of company is Columbia Bank?"

"Our current main business is investing in Japan's foreign exchange, real estate and stock markets. We were lucky and made a little money..." Mikhail replied with a relaxed face.

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Chapter 539/761
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Soviet GodfatherCh.539/761 [70.83%]