“This seems like a good choice!”

Paulson tapped his fingers on the table, "The Goldman Sachs board of directors will review Song's proposal, but..."

Saying this means that Paulson has agreed to Song Yang's proposal. It's not a shame to cut leeks. One more Paypal family is not a lot, and one less family is not a lot. Not to mention that Paypal also brought a lot of fresh leeks.

Paulson feels that Song Yang's plan for Paypal is somewhat feasible. Paypal uses tens of millions of users around the world to help Goldman Sachs and other institutions sell funds, insurance, and treasury bonds. Among them, Paypal can make some money.

There are fees, but the most profitable ones are Goldman Sachs.

What Wall Street institutions like most is fresh leeks that have not been severely beaten. These leeks are inexperienced, and coupled with the deception of "fixed investment funds", "wealth freedom" and other names, they are enough to deceive a large number of leeks, and they enter the market one after another.

Already.

Moreover, Paypal represents an online fund sales channel and is not regulated by federal laws. This gives Goldman Sachs and other institutions the opportunity to exploit loopholes. Through Paypal's channels, they can play with rat warehouses, junk bonds, etc., as long as they are not playing games.

It's too much. Even if you only sell about 10% of junk bonds through Paypal, you can earn billions of dollars a year, there is no pressure at all, and it will not attract anyone's attention at all. Even if you lose money, you can only blame them at most.

If you have poor vision, no investment level, etc., you can't compare with the old leeks who storm Wall Street in anger.

As for online credit and mortgage businesses, they are indeed competing for business with institutions such as Goldman Sachs, which will take away the credit card users of these giant banks. However, many American banks, including Goldman Sachs, have long been in shortage of credit card users in recent years.

, it wouldn’t be a big deal if PayPal took away some of it, and maybe Goldman Sachs could make a lot of money out of it.

Looking at Song Yang, Paulson said, "In order for the cooperation to go smoothly, Goldman Sachs will become a partner of Paypal and supervise and control Paypal's business. Sorry, Song, this is not a distrust of Paypal, but in accordance with federal laws."

, Goldman Sachs must do this!”

Seeing Paulson's expression unchanged, he said these words of overt and covert robbery. He obviously wanted to get the equity in PayPal, but he actually involved the federation. Aaron Swartz complained in his heart.

Asking Goldman Sachs to "supervise" PayPal's business made Aaron Swartz feel uncomfortable. Paulson was putting Goldman Sachs in the "boss" position of PayPal. What worried Aaron Swartz was that

, will Goldman Sachs affect Paypal?

It is not impossible for a dove to occupy the magpie's nest. It has happened countless times in the history of America. Goldman Sachs is too strong. Once Goldman Sachs is allowed to join the PayPal board of directors, who knows whether Goldman Sachs will steal it in the future.

Home, take Paypal as your own.

But Paulson's attitude is very firm. He needs to let Goldman Sachs "look at" Paypal before he can rest assured. If there is a problem, Goldman Sachs can leave at any time. Otherwise, if Paypal plays too big, Goldman Sachs will also be implicated.

Song Yang didn't care. Paypal was cutting out America's banking industry, as well as America's ordinary users. There were no Wall Street institutions such as Goldman Sachs to back it up, so maybe Song Yang was a little worried.

Moreover, Paypal has given up a lot of equity, giving 10% of the equity of Comerica Bank. Kerimaia and other Comerica directors, plus Chris Jain, also received 7% of the equity of Paypal.

Song Yang also promised that when Paypal is listed, he will give Enron's Kenneth Jeff Skilling a part of the equity, and there are not many Goldman Sachs now.

However, Paulson himself came to the door, and Song Yang had to be cut. Otherwise, it would be unfair to Comerica Bank and Enron Group. Song Yang's most important thing is to treat everyone equally!

"Paypal is willing to transfer 10% of Goldman Sachs' equity, but for the benefit of other Paypal investors, based on Paypal's current valuation, Goldman Sachs needs to invest one billion US dollars in Paypal!"

Pellegrini looked at Song Yang dumbfounded, wondering if there was something wrong with his ears. Song Yang was becoming so cruel that he even cut off Goldman Sachs.

As for PayPal, a broken company, it has only been online for less than three months. If it weren't for Comerica Bank and Enron, how could PayPal's valuation be blown up to tens of billions of dollars?!

Just such a thing, if Goldman Sachs hires a research and development team, it will definitely be developed in half a year, not to mention three to five months. How dare Song Yang ask Goldman Sachs for a billion dollars in exchange for 10% of the equity?

For a moment, Pellegrini was a little suspicious. He didn't know whether it was because his PayPal had gone missing or Goldman Sachs couldn't lift the knife. He had been harvesting leeks for decades, but someone had actually harvested them in reverse.

Several executives who came with Paulson also had constipated looks on their faces. They all looked at Paulson and saw Paulson, who had been smiling just now.

The sky was already cloudy, and Paulson was obviously also wondering whether Song Yang was teasing him, and was just deceiving him.

Seeing Paulson's expression, Song Yang said unhurriedly, "If the deal is completed, in addition to transferring 10% of the equity to Goldman Sachs, when PayPal goes public, Director Paulson and Pele G.

Manager Rini, the transfer is a 2% equity award. How to distribute this equity award is decided by President Paulson as Goldman Sachs’ support for Paypal!”

Aaron Swartz has never seen the Sichuan Opera Face-changing, but he enjoyed the scene in this conference room. Paulson and others, who were dissatisfied just now, suddenly had a look on their faces after hearing the 2% equity award.

He started to smile, even the thoughtful old fox Paulson was no exception...

The world is as black as crows. Why is Enron willing to take advantage of it and raise the price of Paypal? The wild boars that are rampaging in the Houston farm all know that Paypal is not worth the price, but Enron still does it and desperately raises the valuation of Paypal, even if it loses money to grandma.

Once home, An Ran is willing to do it.

When something goes wrong, there must be a monster. We don’t know whether Enron will suffer losses or not. But the two people who talked about Enron, Kenneth and Jeff Skilling, are hoping to get the equity of Paypal. They don’t care whether Enron suffers losses or not. Enron has already lost money.

They no longer belong to them. They are actually wage earners. If they can get an extra dollar from Enron, that is all they have earned!

This problem is also true for Goldman Sachs. No matter how powerful Paulson is and whether he controls the situation in America, he is still just a professional manager, one of the top people.

But even so, Paulson will eventually leave Goldman Sachs. After all, Goldman Sachs is not his.

Now, Song Yang placed a multiple-choice question in front of Paulson to see whether he would choose to become a selfless professional Wall Street manager or use his power as president of Goldman Sachs in exchange for 2% of PayPal equity. For this reason, Goldman Sachs may

He would be stabbed and stabbed severely.

The answer was obvious. Paulson did not hesitate and said directly, "Goldman Sachs is willing to invest one billion US dollars in PayPal, but PayPal must meet Goldman Sachs' requirements!"

He said so, but in fact Paulson agreed to Song Yang's request. No matter how much he earned for Goldman Sachs, it was better to put it in his own pocket.

2% of Paypal's equity, even if Paulson can only get 1% of it, according to the hyped valuation, Paulson will be able to cash out nearly 100 million US dollars and leave by then, not to mention the possible valuation of Paypal at that time

Even higher!

The key is that the US dollars gained from this move go directly to his own pocket. Even if Paulson's salary is not low, he cannot ignore more than 100 million US dollars. He also has to think about his retirement life.

, Paulson doesn’t want to wait until he needs to write some kind of “memoir” in the future, expose secrets on Wall Street, or appear on TV as a clown or something to earn living expenses!

At this time, the atmosphere in the conference room was already quite relaxed. Song Yang and Paulson reached an agreement, which marked that Goldman Sachs and Paypal are no longer opponents. From now on, the two sides will be side by side, cutting leeks together...

…

"Of course." Song Yang took a sip and the assistant at Goldman Sachs brought him a new cup of coffee. It was different from the cup Song Yang drank when he first entered the door. This cup obviously tasted much better. "Except for Goldman Sachs, paypal

We will also work with other institutions on Wall Street, Europe, and Asia, including letting Addison from Deutsche Bank Investment Bank join Paypal’s board of directors!”

When Paulson heard the name Addison, he suddenly felt that the coffee in his hand no longer smelled good.

When it comes to who Paulson hates most on Wall Street now, Addison is definitely the first to bear the brunt. Looking at the entire Wall Street, the only one who still challenges Paulson is Addison.

Edison really didn't care about Paulson's face at all. Goldman Sachs and Deutsche Bank were also fighting openly and secretly. Goldman Sachs was picking trouble with Deutsche Bank on Wall Street, and Deutsche Bank was also creating obstacles for Goldman Sachs in Europe, taking away a lot of Goldman Sachs' business in Europe. In addition,

Addison also has an extremely strong personality, and he and Paulson dislike each other.

However, in front of Song Yang, Paulson could not say that he would drive away Addison. After today's contact, Paulson also understood that he really didn't have that much dignity here with Song Yang.
Chapter completed!