Chapter 511 Friendship
Only when Yang Jing gets closer to this building can he feel a quaint smell from it.
This is the smell of time precipitation, and it is rare now. Even in some ancient cities in China, such buildings that are nearly one hundred years old can rarely be seen.
This building is a typical Georgian building. This architectural style was derived from the Italian Renaissance style after it was introduced to Britain in 1700. It adheres to the classical symmetry and harmony style, and was popular among various colonial countries in Britain for a long time.
This architectural style is the most influential style in the United States. Many ancient manors or villas in the United States are deeply influenced by this style. After all, most of the earliest Americans came from Great Britain on the other side of the Atlantic Ocean.
It is obvious that when Andrew Mellon was building this building, he was deeply influenced by this architectural style.
Georgian style emphasizes the most "facade", whether it is the main entrance or the porch, it has a low-key luxury.
At the gate was standing a white couple. The man was tall and a little obese, and the woman was a little thin, but had a very good temperament.
"This is the Skeves." After Bloomberg whispered in Yang Jing's ear, he walked up enthusiastically.
"Hey, Michael, thank you very much for attending today's cocktail party." Skeve happily greeted Bloomberg.
After the two exchanged a few words, Bloomberg smiled and introduced, "Richard, introduce you to a friend, Mr. Cole Smith Cole, the owner of the KY Investment Fund, this is Mr. Richard Mellon Skeve, this is his wife, the ever-young and beautiful Ms. Elizabeth Skeve."
Hearing Bloomberg's introduction, Skeve's eyes suddenly lit up. He reached out and held Yang Jing's hand and shook it hard a few times and said, "Cole, you don't care if I call you that, right?"
Yang Jing smiled and shook his head, "How could it be? Friends all call me that."
"Okay, you can call me Richard like Michael, and my friends call me that too. I'm very happy to know you, Cole, I've heard Michael mention you long ago. Today I finally met you. It's my honor."
Yang Jing smiled modestly, "Richard, you are too modest."
Skeve is really not polite to Yang Jing. In the stock market crash that broke out more than ten days ago, the Mellon family also suffered a lot of losses. If it weren't for the sudden emergence of this KY Investment Fund, which made the stock market stabilize and rebound, the Mellon family might have suffered greater losses.
Moreover, KY Investment Fund is now the largest investment institution of Alcoa and Pittsburgh Steel. KY Investment Fund's investment in these two companies controlled by the Mellon family plays a crucial role in the stability of the company's stock price.
Especially this KY investment fund is very good at advancing and retreating, and it is very appropriate to handle it. Just like Alcoa shares, this investment fund can repurchase more Alcoa shares in that stock market crash, but they acquired about 6.5% of the shares and stopped trading. These shares have no impact on the Mellon family's control of Alcoa, but it has a great impact on ordinary investors and other investors.
Such an investment fund with strong capital has made great efforts to settle in Alcoa, which has a leading role in rebuilding confidence in Alcoa.
Although KY Investment Fund started to acquire shares when Alcoa's valuation fell by more than 41%, which made their acquisition costs very cheap, Skeve didn't mind them doing this.
After all, KY Investment Fund is a private investment and profit-making institution. Why should we buy your stocks if we are not profitable?
Compared with the KY Investment Fund's driving effect on Alcoa's valuation, it would be nothing for them to buy Alcoa's stock at a low price. If it weren't for them, Alcoa, with a market value of nearly $20 billion, plummeted 41% all at once, which would have caused huge losses to the Mellon family.
It is no exaggeration to say that because of the emergence of KY Investment Fund, those large consortiums like Mellon Consortium have to bear the kindness of this fund, especially the old men of the Morgan family and the Rockefeller family.
If it weren't for this KY investment fund, let alone the Mellon family, Morgan and Rockefeller families would have suffered a lot!
But this KY investment fund that emerged suddenly is really mysterious. Whether it is the huge amount of rescue funds that can be regarded as a huge amount of market capital or the origin of this investment fund, it is very mysterious.
The most important thing is that this investment fund rarely goes to the accounts of large American banks. Most of their sources of funds come from banks in Switzerland, so neither the Mellons nor the Morgans nor the Rockefellers can find out the specific information of this fund. They just know that this sudden investment fund has an amazing working capital among several large American banks.
Not to mention anything else, the stocks of the twenty-seven companies controlled by this fund are now a terrifying number.
Therefore, both the Mellon family and several other major consortiums are extremely interested in this investment fund that is now enough to influence the form of Wall Street.
Unexpectedly, everyone from this mysterious fund appeared here.
It’s also a big surprise that when Bloomberg asked for an invitation, he didn’t explain to Skeve who the invitation was given to. This guy just said he wanted to give Skeve a surprise. Sure enough, this surprise was quite a big deal!
Skeve really wanted to make friends with this mysterious figure with amazing wealth.
People with their wealth and status know best how much influence a huge wealth will have. Although Skeve had never heard of this Cole Smith before, he would definitely place this tycoon-level figure with huge wealth on an equal footing with himself, or even higher.
There is no way, Skeve, who was born in a big family, knows very well that in the social system where capital is king, whoever controls more capital will be more powerful. Even if Cole Smith was unknown before, Skeve also knew very well that now, with this Cole Smith's terrifying wealth, as long as he wanted, he would immediately become one of the top small people in the United States.
It can even be said that even the US president can ignore tycoons of this level, just like the big names of the Mellon family.
Not only the Mellon family, but also those big names in the Rockefeller, Morgan, and DuPont family, who would really take the president seriously?
To be able to make friends with such a tycoon with huge wealth, the Mellon family will definitely have only benefits and no harm.
Therefore, the Skeves and his wife were extremely enthusiastic about Yang Jing, and even some other guests didn't care about the reception. Among them, after the US Treasury Secretary James Baker came here, the Skeves and his wife ignored him, but asked the other person in charge of the reception of the family to receive these guests.
As the US Treasury Secretary James Baker was helpless as the Secretary of the US Treasury. Although he was the US Treasury Secretary and nominally controlled the wealth of the entire United States, he knew very well that even if it was him, even if the BOSS Reagan came, it would not be anything in front of such a big family with deep roots and leaves.
Not to mention the tall Skeve in front of him, he is also a recognized "right-wing king" in the American political arena. This guy has even greater influence in the American political arena than the president, and he is far from affordable to him as the Treasury Secretary.
James Baker is not qualified to move forward, but it does not mean that others are not qualified to move forward.
Today is the commemorative reception for the 130th anniversary of Mr. Richard Beatty Mellon's birth, so many rare big names appear here, among which all the representatives of the top ten consortiums in the United States have come.
These representative figures are all flag characters in their respective families or consortiums, otherwise they would not have been given a letter from Mr. Richard King Mellon. Two major flag characters from the Mellon family attended today's cocktail party. Those big families and large consortiums must send corresponding figures to attend today's cocktail party.
When you are in this Vanity Fair, you must abide by the various rules in this Vanity Fair.
But when these big men came to this ancient manor, they found that Skeve, one of the masters today and one of the core figures of the Mellon family, stood at the door and had a great time talking to a strange man. Even Treasury Secretary Baker and the bosses of several other companies did not have the time to entertain him.
Who is this mysterious man? How could Skeve be so arrogant?
You should know that Skeve, as a famous "right-wing king" in American politics, is poking behind him such a giant as the Mellon family. His vision is quite high. For him, a person with a personal net worth less than one billion US dollars is just an ordinary person.
But what the hell is this scene in front of you?
Driven by curiosity, the big guys came over. In their status, they were fully qualified to be on par with Skeve, and there were even a few people who needed real big guys Skeve looked up to.
For example, Harry Morgan, the son of Henry Morgan, who founded Morgan Stanley, Lawrence Rockefeller, the third-generation flagship figure of the Rockefeller family, known as the "father of venture capital" on Wall Street, Chris DuPont, the current chairman of Citibank, Michael Reed...
Any one of these people was a big shot who could be on par with Skeve and even needed to look up to him. They came forward and Skeve could only greet him with a smile.
Then, when these big names learned that the mysterious man was the boss of KY Investment Fund, there were several famous big names in front of the gate of this ancient building...
Chapter completed!