Before the two of them arrived at the airport, Bai Quinn suddenly received a call. In the end, only Randy got on the red-eye flight to Los Angeles. Bai Quinn stayed and returned to the public housing in Harlem.

It turned out that Uncle Tony watched the WWF program and knew that Bai Quinn happened to be in New York, so he asked him to meet in Jersey tomorrow to discuss important matters.

Bai Quinn had no choice but to ask for another day off from the crew, went back to the public housing to deal with the situation all night, and rushed to Jersey City early the next morning.

The meeting place was the same strip club we went to last time with Uncle Tony and Christopher.

In broad daylight, it was very deserted outside the club, except for a bald young man squatting at the door.

Bai Quinn recognized this bald young man named Dino who once worked as a handyman at Widmark Pictures. During the filming of "Bonnie and Frank", he helped run the front and back. He also made a cameo appearance as a policeman without lines. His impression

He should be Sil's subordinate.

The bald young man Dino looked very respectful when he saw Bai Quinn, helping to open the door and lead the way, just like he did when he faced Chris's "made men".

During the day, the club was deserted and the lights were dim. Tony and the pilot and others were sitting at a round table playing cards.

A few people played show hand, also called five-card stallion. Sil, who was always smiling, was responsible for dealing the cards. In addition to the big pussy and airplane head that Bai Quinn had seen, there were three more different ones on the card table.

People you know.

Tony dropped the five cards in his hand and stood up to introduce everyone to Bai Quinn. He first solemnly introduced the oldest-looking old man among them.

This man has silver hair, is short, has a very kind smile, and has wise eyes. He looks like a retired professor.

"QB, this is Philip. He is my elder and a great man. You need to respect him."

"Hello, Mr. Philip, it's nice to meet you." Bai Quinn bent down and kissed the back of Philip's outstretched hand in accordance with traditional Sicilian etiquette.

"This is Victor, Mr. Philip's disciple." Tony introduced to Bai Quinn the middle-aged man standing next to Philip who looked like a middle-class elite.

Bai Quinn still performed a cheek-to-cheek ceremony with Victor according to Sicilian tradition.

When it came to the third person, a man in his forties or fifties, Tony introduced: "This is Tim Malcham, Sil's old friend. He owns the Stef studio where you recorded the song."

Malcham has a typical Jewish surname, and Bai Quinn shook hands with him, just like an ordinary business meeting.

After the introduction, Philip was the first to speak: "This is our little star, Tony. I really envy your Soprano family for always having outstanding juniors."

Tony smiled and said: "That's because we always lose our father's protection early and have to grow up quickly. Of course, thanks to your help, we Soprano can be where we are today."

Philip waved his hand and said: "Your father and I are good brothers. He sacrificed his life for our cause. It is our responsibility to take care of his widow and children... Look at me, I'm verbose again... Tony, go and take care of things."

Let’s talk to little qb.”

Tony nodded and took Bai Quinn to a small private room, where the card game continued.

Bai Quinn sat down, Tony closed the door and sat next to him.

"That's it, qb, for some reasons, we need a ticket to enter Wall Street, so we have to give up some benefits to..." Tony stopped at this point, pouted at the door, and Bai Quinn nodded.

The head indicates that one is clear.

"That's why I called you here today. On the one hand, I want you to get to know the investors who invested in your movie."

It turns out that Chris got the funds from Mr. Philip!

In exchange, Mr. Philip also gave out his "ticket to Wall Street", which was actually a promise to make money with Tony and the others.

Tony continued: "Another thing, that Tim will sell his record company to Mr. Philip. I know that two of your songs were produced by Tim's stef record company, so I called you here specially.

…”

After Tony's explanation, Bai Quinn understood the whole story.

The studio where Bai Quinn recorded the rearranged versions of "can't take my eyes off you" and "it's my life" was owned by Tim Marcham's Stef Records.

For some purposes, Philip and Victor need to purchase Tim's record company, specifically the music library copyright of Tim's record company.

Although Tim's Stef record company no longer has a signed singer and has stopped releasing new records since two years ago, this company was once glorious in the 1960s and 1970s and still had many well-known artists under its label.

For singers, they release an album or a few songs here, and after they become popular, they are poached by major labels.

Even so, the "legacy" they left behind allowed Tim's stef record company to hold all or part of the copyrights of many old songs like "Can't Take My Eyes Off You", so even if nothing is done,

You can also make some money every year from copyright income, not much, but it is a steady flow of money.

If the copyright library is removed, Tim's stef record company will be left with an empty shell of offices and recording equipment. Tim has no intention of running a record company and plans to sell the entire company together.

The empty shell of the record company was of little use to Philip and could only be disposed of and sold. Sil, who was familiar with Tim, saw an opportunity in this transaction and suggested that Tony get the empty shell of Stef Records and give it to Bai.

Quinn. Sil, who was involved in music when he was young, feels that Bai Quinn has great potential and may be able to make a difference in this industry.

As long as Bai Quinn is willing to take over the office and recording equipment of Stef Records, Philip will sell it to him at a very cheap price without any conditions attached. After all, the two parties have cooperated in many fields, and it can be regarded as Philip's.

A gesture of goodwill.

If not, Philip will separate this piece and let Tim find his own home.

Hearing that $400,000 could buy a two-story office building in Tribeca and a complete set of recording equipment that had been updated less than three years ago, Bai Quinn agreed without hesitation. The price was Phillip's.

Give a profit.

Even if his management is not good, he can make a profit by selling offices and equipment in the future.

Tribeca (abbreviation of triangle below canal) means "triangle below canal". It was originally a warehouse district and slum area. Starting in the 1970s, some artists moved their studios here for cheap rent.

A cluster effect has been formed, and painters, designers, and musicians have flocked here, and now it has become a well-known "art district."

Although Giuliani has been vigorously improving public security in Manhattan in the three years since he came to power, like East Harlem, security in Tribeca, where the poor live, has always been a problem.

The poor security issues in Tribeca may be a major reason why Tim and Philip do not want to keep this property.

But Bai Quinn also has his own problem: he doesn't have enough cash on hand!

After buying the house in Santa Monica, Bai Quinn made money at a faster rate.

The salary for "The Bad Guys" was 300,000 US dollars, and the bonus given by Harvey for the hit "Bonnie and Frank" was 200,000 US dollars. He didn't even count the small sums such as WWF salary. It was more than enough to buy Stef Records.

But all this money was invested in the stock market.

Originally, Bai Quinn planned to continue to hold a heavy position in Motorola, but his "stupid" investment behavior was dissuaded by the stockbroker responsible for connecting with him at Wells Fargo Bank, and he instead purchased a relatively "safe" investment portfolio covering

It bought many companies such as finance, real estate, medicine, and technology companies. Of course, the bulk of it was Wells Fargo's own stock, and the stock price at the time of purchase was $11.89.

You need to take your money out of the stock market and ignore those cute numbers that are always getting bigger slowly.

The deal was finalized verbally. After getting a reply, the Jewish guy Tim put on his black hat and left. Things like signing documents and contracts have always been completed by lawyers in high-end offices, not when big guys play cards.

A disappointing project.

Bai Quinn naturally had to take the place left by the Jewish guy Tim and accompany them to play cards with which he was unfamiliar.

While playing cards, the topic quickly turned to issues such as how Bai Quinn paid for the office and whether she would still use the Stef label.

After learning that Bai Quinn actually invested the money earned from filming into the stock market, Tony, Philip and Victor burst into laughter together.

Victor asked Bai Quinn what stocks he had bought. When Tony nodded slightly, Bai Quinn had to explain in detail.

After hearing this, Victor smiled and said: "The investment portfolio is quite satisfactory. In addition to Motorola, Wells Fargo, Verizon, and Merck Pharmaceuticals, there are only two junk stocks mixed in. Your stockbroker is merciful to you.

According to this investment portfolio, your annualized return may exceed 10%.

Or, your stockbroker knows you and knows that you will make more money, so he wants to make you a long-term customer. If my bad boys recommend stocks to you, your hundreds of thousands of dollars will not be lost.

That’s great!…Call!”

Next, while playing cards, Victor casually explained some of the ways stock brokers deceive their clients to obtain profits.

Recommending junk stocks is already the most rudimentary method, called pump and dump, and the most famous guy in this business is Jordan Belfort.

A little more advanced is what Bai Quinn encountered, packaging junk stocks into a professional-looking investment portfolio.

With the popularity of the Internet and Bloomberg machines, this method has become unsafe. Customers only need to spend some time to identify the shit hidden in the chocolate.

However, when Victor wanted to talk about some more advanced "techniques", as soon as he mentioned the word "pension fund", Philip coughed lightly and knocked the overly excited Victor out of his mind.

return.

Finally, seeing that Quinn was really "diligent and studious", Victor told him about Carl Icahn's "Wolf of Wall Street" saucy operation - the "Trans World Airlines Hunting Case".

Beginning in 1984, Carl Icahn gradually held 52% of TWA's equity through scattered small acquisitions, gained control of the company, and began to divest the core assets to drain the company.

During this period, he took control of the board of directors, then began to cut workers' wages, sell off assets, and fight with the union.

In the end, Carl Icahn used TWA's money to complete the privatization. As a major shareholder, he made a lot of money. In the end, Icahn's company made a profit of US$470 million, and Carl Icahn personally made a profit of US$150 million, but

The company was left with a huge debt of $540 million and ended up in bankruptcy liquidation.

After listening to Victor's story, Bai Quinn couldn't help but sigh, knowing that with the level of knowledge he graduated from high school, he couldn't beat the financial elites on Wall Street. All investments must be made with caution, otherwise the money he had earned so hard would be lost.

It is possible to lose all your money.

Victor taught Bai Quinn a lesson. When he left, he waved his sleeves and took away more than ten thousand dollars. These were all won from Tony, Jethead, Big Pussy and Bai Quinn.

.

The next day, Bai Quinn did not return to Los Angeles immediately. Instead, with the help of lawyer Jerry Espenson, he applied to register a record company.

When choosing a name for the record company, an idea flashed in Bai Quinn's mind and he registered a company name called "Big Machine Records".

Under the resentful eyes of Wells Fargo's stockbroker, Bai Quinn sold most of the stocks on hand, leaving only the Motorola stocks he originally purchased. Only this stock was deeply studied by Bai Quinn.

Not only will I not sell it, I will continue to add to my position if I have spare money in the future.
To be continued...