When it comes to the forex market.In the afternoon.The office of the chairman of Oasis Investment welcomed a guest."
This place is very nice!"
John Mellon admired Abel's office for a while.smiled and appreciated.Abel shrugged: "John."
You're welcome. ”The person who came was none other than John Mellon.is Abel's Senior VIP Personal Account Manager at Wells Fargo.Once with him, there were several other billionaires, the one who had been happy together in the yacht at sea.John Mellon's arrival.It wasn't something he wanted to visit.Instead, Abel took the initiative to extend the invitation."
Mr.
Sephorosa."
John Mellon smiled and said, "You invited me to come."
There must be something.Oh yes.How was the house last time, are you still satisfied?
I've been to see that house and it's nice.It's just too expensive. ”He's talking about 67 Beverly Hills Park Community.The house has already been negotiated, and the contract will be signed in two days.The high-end real estate Annie who had a five-gun relationship with Abel.Succeeded in bringing down the price a lot.The house that was originally quoted at $165 million was killed by her for $120 million.But Abel wasn't surprised.Houses in the Beverly Park neighborhood are truly worth a lot of money.But 165 million is also an exaggeration.Even if it's $120 million, it's a high price."
yes.$120 million.It's really expensive. ”Abel said.John Mellon exclaimed: "Such a big house.Only an upstart like you, Mr.
Sephorosa, can afford to live.But then again, Mr.
Sephorosa, when are you moving in?
”"Wait until you move in.We can be neighbors. ”Abel was a little surprised: "Neighbor?
Do you live there too. ”John Mellon nodded."
My uncle has a house there.But he's always lived in New York.The house here is unoccupied.I'll live in it for the time being. ”"Of course.""
The house isn't that big," he said.That's just over three acres in total. ”"Hehe......"
Abel pulled the corners of his mouth.John Mellon wasn't surprised to live in the Beverly Park neighborhood.No matter which country it is, those who can be mixed with senior management status in the banking industry will not have low income and treatment.This is especially true on the American side.Those large consortia, and those families that have been inherited for a long time.Their main foundation is actually the major private banks."
No more gossip.Mr.
John, please come today.I want to ask Wells Fargo through you.With my current qualifications, if I speculate on foreign exchange through your bank, how much leverage can you provide me?
”"And in addition to speculating on foreign exchange.If I need a loan, what do I need to mortgage and how much can I get. ”After listening to Abel's words.There was no surprise on John Mellon's face.After all, he is a senior VIP personal services manager at Wells Fargo.Invite him on business, what else can he do other than talk about business with Wells Fargo?
He groaned."
Mr.
Sephorosa.How much margin are you willing to give, and I mean foreign exchange margin. ”"All."
Abel said, "I mean all.My $1 billion deposit at Wells Fargo can be used as foreign exchange margin. ”"If that's the case."
John said, "Then with your qualifications and my rights, Wells Fargo can provide you with a leverage factor of up to 10 times!"
The cap is $10 billion.If it's a loan......" he smiled, "Wells Fargo is willing to accept the mortgage of all the real estate, cars and company shares in your name!"
The minimum loan that can be provided will not exceed 30% of the market value of the collateral, and the maximum will not exceed 60%!
”John reported two numbers.One is that it can provide him with ten times the leverage of the foreign exchange market.Abel's deposits at Wells Fargo are just over $1 billion.Ten times the leverage, that's 10 billion.The leverage is 10 times.But there is an upper limit, only 10 billion capital.Loans, on the other hand, are 30% to 60% of the value of the collateral.Abel doesn't have much of the assets in his name now.In addition to a few cars, there are several companies.There is basically nothing in the property, and 67 in the Beverly Park community has not been bought.Cars aren't worth much.If it's a company, [Orange Red Security] is actually not worth much.The only ones of value are Oasis Investment and Bluestar Future.But in fact, Oasis investment is only valuable because Bluestar is worth money in the future.If you calculate it in this way, it is actually just the future value of Blue Star.Bluestar Future is currently valued at $21.1 billion.But this is only a valuation, and valuations have always been inflated before they go public.Take the banks of urine sex.In the future of Blue Star, which is valued at 21.1 billion, it would be good to be able to discount it by half.And 30 to 60 percent after that.The loan that can be obtained should be about $3 billion to $6 billion.John Mellon smiled and said, "Mr.
Sephorosa, are you going to make any big moves lately?"
As far as I know, you are a super genius in the forex market!
Are you looking to make a big deal in the forex market?
”Able smiled and didn't speak.John Mellon knows that his main income comes from the foreign exchange market, which is not a big deal.His own capital turnover has been in Wells Fargo, Mellon, and Citibank, the three major banks in Los Angeles.The flow of funds and flows is easy to find.If you want to check it, it's easy to find out.Abel pondered for a moment."
The loan thing is not needed for the time being."
He said, "But the leverage multiplier in the foreign exchange market, I want to get it now."
How long does it take?
”"You can get it tomorrow morning at the latest!"
John Mellon said."1 billion margin, your leverage is 10 times, that's 10 billion dollars!
With a series of contracts, you can use $10 billion of our Wells Fargo funds!
”John said, "Of course.This money will be regulated by us and can only be used in the foreign exchange market.However, if you have other needs, such as acquiring a company or something, we will also provide the corresponding multiplier based on your qualifications. ”Abel nodded.He said, "So what are you waiting for?"
John.I want as fast as possible, preferably by tonight!
”"No problem.I'll do it now!
”John Mellon affirmed."
But today was a coincidence.I'm going to have a drinking party tonight at my house in the Beverly Park neighborhood.We're all going to be neighbors, I wonder if Mr.
Sephorosa would like to participate?
”