America's Road to Wealth

Chapter 192 AMC TV Station Reform and Mr. Bei

Ever since Abel entered Wall Street.

It can be said that he and the Wall Street giants have always been in a state of perfect harmony.

Most of his wealth comes from the international market.

Mainly in the foreign exchange market, precious metal futures market and international crude oil market.

His investments in these places.

They are all operated through Wall Street giants.

Just interest and commission.

In just one year, Wall Street giants may have made hundreds of millions of dollars.

Not to mention, his money flows for anyone to watch.

It also made many Wall Street giants drink a lot of soup.

All along, he impressed Wall Street.

It’s the second Peter Lynch——

The kind of person who is honest and well-behaved and is happy to make money for everyone.

But Abel certainly doesn’t want to be the second Peter Lynch.

What are the benefits of being a stock angel?

At the age of forty, he chose to retire.

What's the point?

He has to be himself.

He also wants to be one of the giants, even the most powerful giant.

He wanted to start his own business.

This led to his frighteningly high valuation quote at the investment reception on the 15th of last month.

That offer was originally a rejection and a thousand miles away.

Even if he later gave a considerable gambling agreement.

Still no madman is willing to agree with his valuation.

This also gave him a second step plan

He started to start his own business.

Abel began to become the boss of a medium-sized commercial bank through mergers and acquisitions.

The first few are fine.

The latter one has Abel's own bank.

This is why Wall Street giants cannot tolerate it.

Because Abel had his own bank.

This means that Wall Street can no longer monitor the flow of Abel's funds at will.

It also means that Abel allows Wall Street giants to earn very comfortable commissions and interest.

It may be gone in the future.

In their eyes, he is a very high-quality future cash cow, the second Peter Lynch.

Actually want to be like them.

After that, the treatment he received from these Wall Street giants was naturally different.

He began to be viewed as a fellow human being and began to be viewed with hostility.

This is why the entire Wall Street began to be somewhat hostile to him.

But in fact, this kind of hostility is not hostility.

Because any giant that has a firm foothold on Wall Street.

The entire Wall Street treats it with this attitude.

Simply put, every Wall Street titan.

They will all be hostile to other Wall Street giants. This hostility is consistent and "fair".

Whether it’s Abel, Goldman Sachs, or Lehman, the treatment is the same.

This is the hostility and pressure that any company or individual who wants to become a Wall Street giant must endure.

No one can avoid it.

The time comes on the 30th.

There are only two days left in 2000.

Smith Capital has used US$21 billion in credit lines from three banks.

Although there are still US$20 billion in credit lines that have not been used.

But the floating losses on Smith Capital's account have reached US$250 million.

In other words, Smith Capital has lost $250 million in two days.

Some Smith Capital employees in the safe house are already shaken.

But their boss still insisted on short selling.

Only invest funds in short orders of USD/JPY.

As wage earners, including David Mellon.

They didn't dare to persuade the boss at this time.

We can only look at the boss to see if he has any preparations ahead.

But their boss left Smith Building on the 30th.

Abel was supposed to be at the scene to monitor the transaction.

Appeared at the headquarters of American Classic Movies Cable.

It is also the headquarters of AMC Television, one of the American cable television stations.

AMC TV station was originally one of the TV stations controlled by Rainbow Media Holdings Group.

But about a month ago.

It was acquired by Abel's AB Smith Entertainment.

AMC TV station has officially become a wholly-owned subsidiary of AB Smith Entertainment.

Become Abel's company.

This means that AMC TV Station has also become a brother company of MGM.

The problem of not having a source of good movies that had troubled AMC for many years was suddenly gone.

MGM has a library of more than 3,000 movies and more than 4,000 episodes of TV series.

In accordance with the corresponding fees and regulations, it is open to AMC TV stations for authorized use.

In this regard, AMC, which was sometimes so "poor" that it had to play black and white movies, suddenly became "rich".

The management of AMC also immediately adjusted the development direction of the TV station at the request of AB Smith Entertainment.

AMC TV station began to broadcast MGM's more popular movies.

This attracted a large number of viewers, and a small number of commercials began to be inserted into TV programs.

As both the show and the movie were relatively new to the network, ratings increased by more than 5% in a month.

The reason why Abel appeared at the headquarters of AMC TV station today.

Naturally, he came prepared.

Abel arrived at the company not long ago.

It was announced that AMC's original general manager Man Lester had been fired.

Abel, who previously worked at HBO TV, was appointed in the name of chairman.

At HBO, Richard Plepler serves as senior deputy communications officer and advisor to the CEO.

Richard Plepler becomes the new general manager of AMC Television.

Richard Plepler is a very capable man.

In parallel time and space, he is called the father of HBO.

Before he became CEO of HBO.

HBO is just one of the more outstanding of the many premium cable TV channels in the United States.

After Richard Plepler took over, HBO started its journey to become a giant in the industry.

"Black-ish", "Game of Thrones", etc., are HBO's most popular TV series.

All from Richard Plepler's tenure as CEO.

This time Abel did the same thing again.

It's the same as poaching people at Mickey Mouse Disney.

He poached Richard Plepler from HBO with better pay and a higher position.

And appointed Richard Plepler as AMC's new general manager.

In addition, there are a series of other personnel appointments at AMC.

This morning alone, it can be said that Abel wiped out the original AMC TV station management.

A few of the original managers who were retained had their positions adjusted or were kept on probation.

Although Abel did this.

This will make AMC TV station have to pay more than 20 million US dollars in firing fees, that is, dismissal fees.

But this also made the management of AMC TV station feel a lot more refreshed.

At the new management meeting, Abel made several demands.

"The first request is that from now on, AMC TV station will have "three new ones" every year!"

"Three new TV series refer to TV series that cost US$3 million per episode. AMC TV station releases at least three TV series every year."

"The second requirement is beyond the broadcast of movies and TV series."

"AMC TV station wants to expand programs in other areas. For example, reality shows."

"By the way, this time I asked someone to find a retired soldier from the UK."

"He's also an explorer, his name is Bear Grylls, and he's publishing a book."

"I plan to let AMC TV station create a wilderness survival adventure reality show tailored for this explorer!"

"How to do it specifically? Let AMC TV's writing department and producers submit plans!"

Abel made many demands in one breath.

Finally, he appeared in front of the new management of AMC TV station who did not dare to say anything.

He said something that made them very happy.

"In addition to these requirements, I will inject US$200 million into AMC TV next year."

"This is the start-up capital I gave you. I hope you can respond to me with a passing grade!"

Put down these requirements and leave behind the commitment of investing US$200 million.

Abel left as quickly as he came.

He quickly left the conference room.

Let the new management of AMC TV station look at each other in the conference room.

Finally it was new general manager, Richard Plepler, who stepped up to clean up the situation.

"Cough cough cough"

Richard Plepler coughed and cleared his throat.

"Everyone has obviously heard the boss's request."

"I won't say any more nonsense. You must have heard too many reports about our dear Mr. Abel Smith in the newspapers."

"Next, let me say a few words, just a few words."

"."

These few words from Richard Plepler.

It lasted more than an hour.

Wait until more than an hour later.

AMC TV station, the new management just came out of the office.

It was almost noon by this time.

Richard Plepler is at HBO and is only one of the top executives at this time.

There are at least five or six people in front of the CEO position.

Although before this, HBO's development momentum and potential.

Far better than AMC.

At the same time, HBO also relies on Time Warner, a super entertainment giant.

But now AMC is not much worse than HBO!

Backed by MGM.

What's more, there's AMC backed by Abe Smith's Super Gold Bullet.

Richard Plepler is confident that he can develop it even better.

It will definitely not be worse than his original employer HBO!

A high-spirited Richard Plepler was walking towards his new office, which he was still cleaning up.

In a reception room halfway, he met an AMC employee who was receiving a stranger who looked like a soldier in military green clothing.

Why are there soldiers in the company?

Richard Plepler was curious, and the general manager couldn't help but walked over.

Then he knew.

Wearing military green clothes, a young man who looks like a soldier is named Bear Grylls.

Receiving Bear Grylls were the company's production department staff.

The two parties are discussing that AMC TV will next develop a wilderness survival adventure program tailored for Bear Grylls.

This struck a chord in Richard Plepler's mind.

Mr. New General Manager, I remember that I was in the meeting just now.

Among the boss's few speeches, he specifically mentioned the young man Bear Grylls.

Richard Plepler thinks.

That means Bear Grylls.

Either have a relationship with or know the boss.

Or maybe Bear Grylls really has something extraordinary and is noticed by the boss in some way.

Thinking of this, the new AMC general manager.

He smiled and sat down in front of a somewhat nervous Bear Grylls.

He discussed it with Bear Grylls and the company's reality TV production arm.

Abel's side.

After the reform of AMC TV station was resolved vigorously and resolutely, and new personnel were appointed.

He came to the Smith Building again.

The short selling on USD/JPY started this time since Abel came to Wall Street.

The most serious confrontation with Wall Street.

After establishing his own business, he could no longer borrow funds from other giants at will.

It’s not impossible to use it.

The cost will be a bit high, and it will be monitored, which may affect the results.

He didn't want to do it again.

At least not this time.

So this investment means that he will be like other Wall Street investment banking giants.

Only through his own funds.

Or fighting the market with funds from his own friendly commercial banks.

Smith Building, third floor trading floor.

Abel looked at the data on the screen wall.

The above shows the real-time USD/JPY exchange rate at this time.

It remains stable around 107.500.

In other words, during these two days, he was short and lonely.

USD/JPY has never really been short and has been maintained by the bulls.

This brought Smith Capital’s floating losses to about US$350 million.

That is, he was on his way to AMC TV station.

He just owes $100 million.

The foreign exchange market is so risky.

By this time, David Mellon had the strongest confidence in him.

They all hesitated a little.

David couldn't help but whispered to him:

"The situation is not good. The news I can find is - Merrill Lynch, Lehman, JPMorgan Stanley, Bear Stearns, JPMorgan Chase, and many other investment banks are all long USD/JPY."

This news was not surprising to Abel.

To his surprise, he did not hear the name Goldman Sachs among the names of these investment banks.

"Where's Goldman Sachs?" Abel asked.

David Mellon shook his head and said:

"As for Goldman Sachs. Either they were too secretive and too successful, and I didn't find out or feel it. Or there was no end to Goldman Sachs this time."

"The former one is unlikely. The investment banks have all failed, and they are not hiding it. There is no reason that Goldman Sachs would go to such great lengths to hide it."

Hearing what David said, Abel frowned, "You mean, there will be no consequences for Goldman Sachs this time?"

"That's a possibility. But the former possibility also exists. Or Goldman Sachs is waiting for the time they think is right."

David said: "In short, we cannot take it lightly. It is not like Goldman Sachs can let this kind of thing go."

Abel nodded, he felt the same way.

The smoke bomb he had David Mellon unleash last time.

The ones most eager to take advantage of the bait are Goldman Sachs, Merrill Lynch and Lehman Brothers.

This time Merrill Lynch and Lehman Brothers were not absent as always.

There is no reason why Goldman Sachs would be absent.

"BOSS." David said softly:

"To be honest, I feel a little uneasy now. I have already lost US$350 million. Look, it is now US$380 million."

"Don't you believe me?" Abel replied.

David said resolutely: "Believe it!"

Abel’s investment experience over the past year.

David had long developed the habit of blind obedience.

This time it was a bit of a loss. It was the first time that Smith Capital lost so much.

David began to doubt life a little.

But when Abel asked this question, David still answered decisively.

"Isn't that enough?" Abel patted him on the shoulder.

"Believe me, brother. In the field of finance, I am god."

"I'll leave it to you here. As long as it doesn't exceed 107.800, or doesn't fall to 107.200, you don't need to notify me."

"With the current amount and speed of funds, just continue to buy short orders."

"As soon as you reach these two cordons, notify me immediately."

"do you understand?"

The boss gave such a direct order.

Even if David Mellon didn't understand, he still chose to implement it resolutely.

"Got it," David said.

Abel then smiled and patted his shoulder.

Finally, I looked at the USD/JPY quotes on the screen wall for a while.

Reaffirming your “gifts” doesn’t change much.

He then left Smith Building with confidence.

When he came to the parking lot in front of the building, Abel found that it had started to snow again in New York.

New York started snowing in November this year, and it snowed for almost a month by mid-December.

It has been ten days since December 20th, and it has not snowed in the meantime.

It started to snow again today.

This means that the weather is getting colder again.

Abel shook his head. He knew that January in New York would be the coldest time.

If it weren't for the Smith Building, he wouldn't be able to leave for the time being.

At this moment, he is probably going to Los Angeles to escape the cold.

Although the snow was not heavy at this time, he was worried that it would become heavier on the way.

Taking a helicopter like that would be much more dangerous.

To be safe, he still chose to take a car into Manhattan.

With this thought in mind, he got into the Cadillac STS in the middle of the convoy.

The convoy left the Smith Building in the falling snow.

after an hour.

He appeared on the eighteenth floor of the Carnegie Hill Building, where he had not returned for a long time.

Here he has a luxury apartment with 7 bedrooms and 9 bathrooms, with an indoor area of 7,500 square feet.

Downstairs from the apartment is Fifth Avenue, and across the street is Central Park.

The snow is falling.

The entire Central Park was dyed white.

Looking down from the eighteen-story building, it looks extremely beautiful.

The warm living room of the apartment.

When Abel showed up.

Anne Hathaway was looking completely imageless, holding a large bucket of potato chips and lying on the sofa in a "Ge You Lying" posture while watching TV.

Abel noticed that the TV station she was watching was the AMC cable station.

What AMC TV station is playing seems to be an old "007" movie.

She seemed to be very absorbed in watching the sound of Jinna opening the door to let Abel in.

She didn't even hear it.

Jin Na was about to call her, but Abel stopped her.

Abel stopped, motioned to Jinna not to disturb Annie, and asked Jinna to go to a small room aside.

Jinna Korshunova, a former Swallow member in her forties, suddenly felt a little uneasy.

[Isn’t the boss interested in me? 】

[I am over forty years old. 】

[But it’s actually not impossible. When I was young, I was also very beautiful!]

[Maybe the boss just likes this one? 】

With such "uneasy" mentality.