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Text Chapter 1859 Broker

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    After finishing lunch and resting for a while, Xiao Qi and his two wives were about to take the elevator downstairs when a man suddenly approached from the side.

    Seeing that he was heading straight towards Xiao Qi, a bodyguard immediately took action and pinned him against the wall.

    "Don't get me wrong, don't get me wrong!" The white man in his twenties struggled and said, "I'm not a bad person! I'm Sam's friend, and I have a big business to discuss with Mr. Xiao!"

    The other bodyguard didn¡¯t care what he said. He stretched out his hand and touched him around. He didn¡¯t find any suspicious weapons, so he relaxed his grip a little.

    Xiao Qi looked at the name tags on his body, nodded, and then the man was free.

    "Hello, Mr. Xiao, my name is Morak Thain, and John Thain from Merrill Lynch is my father." The man came to Xiao Qi and stretched out his hand while arranging his clothes.

    After shaking hands with him, Xiao Qi asked: "What business do you want to discuss with me?"

    "That's it, Mr. Xiao, can we find a place to talk slowly?" Seeing Xiao Qi's kind attitude, Morak gained a little more confidence and looked at him expectantly.

    "First tell me what kind of business it is." Xiao Qi smiled, "It's not that I don't like it, it's just that Mr. Thain, if the business is too small, you have no interest in looking for me, right?"

    "Definitely not small! Definitely not small!" Thain looked around and found that almost all of them were Chinese, so he whispered knowingly: "Mr. Xiao, I have three big businesses in my hands, which add up to more than 20 billion.  U.S. dollars, you must be interested.¡±

    Xiao Qi's heart moved.

    It happened that the elevator door opened, and Xiao Qi said to Taylor and Tang Mingxiang: "You go shopping first and take a rest. I will come find you later."

    "snort!"

    Taylor, who had already put on his sunglasses, snorted and entered the elevator, obviously dissatisfied with the sudden appearance of Morak.

    Tang Mingxiang is naturally more sensible than her, as she gently chins her head.  He also entered the elevator with the nanny and several bodyguards.

    "Let's go and find a quieter coffee shop." When the door closed, Xiao Qi turned around and said, "I hope the business is really what you said."

    "I won't lie to you!" Morak's face was full of smiles: "Here, please, let's go downstairs and walk two floors to an authentic Cuban cafe. The taste is the most authentic."

    Ten minutes later, the two of them were sitting in this coffee shop.

    It was already working hours, and there were not many people drinking coffee leisurely. He found a remote corner and several booths around him were occupied by Xiao Qi's bodyguards. He then carefully drank a few sips of coffee to stabilize his mind.  Organize what you want to say.

    Xiao Qi was not in a hurry. In fact, he had guessed something, if it was really what he expected.  So when Morak came to visit today, he really found the right person!

    "Mr. Xiao, do you know what my father said in an interview a few days ago?" Morak knew that Xiao Qi would not listen to his nonsense, so he went straight to the point: "About Merrill Lynch's heavy losses and the sale of several valuable assets, let's talk about it.  Do you know about making up for the write-down of your own assets?¡±

    It is indeed this!

    When Xiao Qi nodded lightly, he became excited.

    Fairy Company has always focused on the collection of domestic and foreign financial intelligence.  Various news agencies, professional newspapers and magazines, and even several professional business intelligence companies.  They all provided Xiao Qi with all kinds of information.

    After sorting it out by the beautiful secretaries, Xiao Qi read on average more than dozens of documents every day, totaling tens of thousands of words.

    Although most of them were just a general look, Xiao Qi had an impression of the important news in general, let alone what happened to the super giant Merrill Lynch.

    When I was idle and had nothing to do in my previous life.  Xiao Qi often reads some posts in various forums on the Internet. Many of these forums have hindsight, so Xiao Qi can also see detailed analyzes of many major events that have happened before from their post-mortem reviews.

    The sudden collapse of Merrill Lynch, one of the five major investment banks, is an event that economists are hyping up.  They thought about many scenarios, saying that if so, Merrill Lynch would not go bankrupt.

    But judging from Xiao Qi¡¯s own experience in this life, things are not as simple as these people say. First of all, the confrontation between Wall Street and the US government is an unsolvable problem.

    In the end, Wall Street was forced to panic, and several investment banks, insurance companies, financial mortgage companies, etc. that were already in difficulty went bankrupt. This can also be regarded as a protest against the US government's lack of assistance.

    ¡°Then the U.S. government really couldn¡¯t hold on any longer. They were afraid that more companies would go bankrupt, so they had no choice but to compromise.

    To some extentIn other words, Wall Street was successful.

    So it can be said that the collapse of Merrill Lynch is absolutely inevitable. It has nothing to do with how many non-performing assets they have and whether the debt is so urgent that it cannot be delayed!

    In fact, although these companies went bankrupt, their executives were still prospering and making a lot of money. Aren't these executive positions and salaries provided by the companies and banks that still exist at Goldman Sachs?  ?

    However, whether Merrill Lynch goes bankrupt or not has nothing to do with Xiao Qi.

    Oh, no, it should be related.

    Merrill Lynch¡¯s superficial reason was that it had too many asset write-downs. The main item of the asset write-down was its loss of tens of billions of dollars in subprime debt financial products.

    And among the tens of billions, Xiao Qi also earned a share. When Merrill Lynch, Lehman Brothers, etc. went bankrupt at the end of the year, Xiao Qi's income in one month could be equal to more than half of the previous year!

    What the teenager is now concerned about is the high-quality assets that Merrill Lynch will sell and not sell next.

    Just in early June, Merrill Lynch's CEO John Thain, Morak's father, said in an interview that because Merrill Lynch's pre-losses in the second quarter were serious, Merrill Lynch wanted  Selling some assets, such as a 20% stake in Bloomberg News worth $5 billion, a 37% stake in a financial data services company worth $4 billion, and a 49.8% stake in Black Rock Group worth $12 billion.

    The three companies are all high-quality assets with good profitability.

    Among them, financial data companies mainly focus on services in the banking industry. The company is small but very professional. 30% of banks in the world use their service terminals and equipment.

    Bloomberg News is even more powerful, its founder Michael Bloomberg.  He is currently being re-elected as the mayor of New York City. From 2001 to 2013, he served as mayor for 12 years at a stretch. His annual salary from New York is US$1, which is the same as what Gang Leader Qiao received at Apple.

    And the difference between him and Gang Leader Qiao is that Gang Leader Qiao also has some equity incentives and other rewards.  Not only does Bloomberg not have these, it also donates hundreds of millions of dollars every year to improve the living environment in New York, which is deeply loved by the people of New York.

    "If it weren't for the fact that officials can only be re-elected for three terms, the people of New York would like him to stay in office forever.

    The biggest support for him to do this is his Bloomberg News, the world's largest financial information service provider, with a market value of more than 25 billion U.S. dollars, and he owns 62% of the shares, which is 15.5 billion U.S. dollars.  Ranked among the top 50 richest people in the world.

    In April 2013, according to the rich list released by Forbes, he ranked 13th in the world with a net worth of more than 27 billion U.S. dollars. Naturally, his skyrocketing net worth was due to the growing prosperity of Bloomberg. From this, it can be seen that Bloomberg¡¯s stock will  What a great investment value!

    Needless to say, the last Black Rock Group, its English name blackrock, does it look familiar?  Is it like Blackstone, the world's largest private equity fund?

    In fact, Black Rock Group is a spin-off of the asset management department of Black Rock Group.  Now it has become the world's largest listed asset management company, with a market value of more than 24 billion US dollars.

    Can become the world's largest asset management company.  It has already proven how excellent it is!

    Thoughts passed by in a flash.

    Seeing Xiao Qi indicating that he knew, Morak lowered his voice again: "You also know that my father was appointed in critical condition in December last year, but now Merrill Lynch's mess is too serious, and it has reached the point where he has to sell high-quality assets to live! You see  Bloomberg, financial data services company, Black Rock Group, which one are you interested in? I can help you promote the acquisition!"

    Xiao Qi raised his eyebrows.  After looking at him for a while, until Morak became a little uncomfortable, he said: "Mr. Thain, Mayor Bloomberg once made an appointment with Merrill Lynch. If he wants to sell 20% of Bloomberg News' shares, he has the right of first refusal. Likewise.  There is also the Black Rock Group. 49.8% of its shares are strategic investments. If it is sold, it must be approved by the Black Rock Group¡¯s board of directors. The last financial data services company has already had Middle Eastern capitals such as the Kuwait Investment Authority and the Qatar Royal Family Management Fund entering.  They are bound to get these 37% shares and have the upper hand, right?¡±

    Morak smiled sarcastically: "You all know it!"

    He originally wanted to bring Xiao Qi and Merrill Lynch together. Even if the acquisition failed in the end, as a broker, he could still make some money for use.

    But I didn¡¯t expect Xiao Qi to understand it so deeply. Naturally, his little cleverness was of no use.

    Just when he was thinking about how to say goodbye, Xiao Qi suddenly asked: "Besides Sam, who else knows about our meeting today?"

    "Sam? He doesn't know." Morak shook his head, "He just bragged to me that you were also eating in the restaurant. After that, we went downstairs and I came back up. No one knew that I came to see you."

    Xiao Qi nodded and signaled to a bodyguard next to him. He immediately took out a large, thick envelope from his briefcase, walked over and placed it on the table.

    At Xiao Qi¡¯s instruction, Morak picked it up and took a look. He was shocked to find that it was all U.S. bearer treasury bonds, all with a face value of 5,000 US dollars each. There were at least two or three hundred thousand dollars here!

    Morak's breathing became rapid: "Mr. Xiao"

    "I have never seen you, and you have not seen me." Xiao Qi said lightly: "At nine o'clock tonight, in room 903, Apartment 11, Broadway, Manhattan, I have prepared a bottle of champagne. If Mr. Thain goes wrong,  If you have a room, you can come and have a drink.¡±

    Morak suddenly understood!

    He put the envelope into his bag and walked out of the room without saying a word.  (To be continued, please search Piaotian Literature. The novels will be better and updated faster!

    ps: It¡¯s warm and heartwarming to see brothers who are familiar with me voting, giving rewards, and likes, and brothers who are invisible to me are subscribing silently.
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