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Free Web Novel,Novel online - All in oicq.net -> Romance -> dream era Text Chapter 1867 Almost paralyzed with fear
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- This is not even the most powerful.
The most explosive news value is the joint report letter at the end.
What has attracted the most attention in the United States in the past two years?
Isn¡¯t it the housing loan crisis, also known as the subprime mortgage crisis?
Under the bank¡¯s loose policies, people who are not qualified to buy houses have bought houses. They are fine on weekdays, but when the value of the house suddenly becomes lower than when they bought it, who is willing to continue to fill this hole?
¡°Coupled with the economic downturn, the unemployment rate is rising, and many people don¡¯t even have enough for living expenses. Who is going to pay off the mortgage?
Thousands of houses have been abandoned, but the banks are crying when they hold these houses, because not only can they not get back the money they loaned out, but these houses are still depreciating rapidly, and they are losing more than the public. Be big - wait a few months, this is how Fannie Mae and Freddie Mac collapsed.
Now someone has revealed that even though they know that the rise in house prices is abnormal and poses great risks, Black Rock Group still incites people to buy houses for its own handling fees and service fees. This kind of behavior is simply despicable! !
Americans are very impulsive. When they saw a newspaper saying that the Black Rock Group had harmed the working people, their anger could not be expressed in words. They rushed directly to the headquarters of the Black Rock Group and destroyed the doors and windows of their first and second floors. They were all smashed to pieces, and then there were thousands of people sitting at the door to protest, asking the court to shut down the Black Rock Group and sentence these "sinister capitalists" to jail! !
With these two bombshells, at least more than 300 reporters used various methods to surround the top management of Black Rock Group and interview their employees.
Coupled with the accusations and scoldings of previous investors, the whole combination was defeated, making the Black Rock Group panic. Quite a bit like setting off a storm.
To be honest, Black Rock Group has indeed done all these things disclosed, but the problem is that it is not just them alone on Wall Street who have done it, but also many companies, including Merrill Lynch.
So they were very unconvinced.
Therefore. It¡¯s not that the Black Rock Group has never thought about counterattack. In fact, on the same day, that is, on the afternoon of the 29th, the Black Rock Group organized some shady stories about Merrill Lynch, which were even more explosive than what they had done before with the Black Rock Group. They were going to take it to newspapers and magazines. and news disclosures.
But before they took action, the information had already been leaked, and then they received many phone calls.
Not one person received many calls, but the board of directors and management of Black Rock Group. Without exception, I received many calls from people.
The people who called were not only famous figures on Wall Street, but also the presidents of several major U.S. stock markets, the Treasury Department, the Federal Reserve, and other high-level officials.
They have only one purpose for calling. Don't move. If you dare to do anything regrettable, Black Rock Group will be jointly suppressed immediately until it collapses, and the top executives of Black Rock Group will also go to jail. Live the rest of your life.
What is this called?
It¡¯s equivalent to the entire Wall Street putting pressure on them. It is equivalent to them fighting against the entire Wall Street alone!
They were so frightened now that they dared not even move?
So they can only let the protesters protest. When investors complained, they cowered down and tried their best to refute the rumors, but they never dared to involve Merrill Lynch in the slightest.
Because they have also figured out that Merrill Lynch can no longer withstand the slightest movement, and it will go bankrupt if it is inappropriate.
Once Merrill Lynch goes bankrupt. Can Lehman Brothers run away?
They collapsed together. What else does Wall Street have to bargain with the U.S. government? Doesn¡¯t this disrupt Wall Street¡¯s entire plan?
?? 700 billion U.S. dollars of bailout money just flew away. Even the Black Rock Group could not afford to lose it!
Not only Blackstone Group received a serious warning, but the Blackstone Group behind them also received concern from giants such as Goldman Sachs, and they called for a long time. The words all contained a warning, telling them not to cause trouble during this period.
¡°So what if Peterson had served as Secretary of the U.S. Department of Commerce?
¡°So what if Blackstone and Blackrock combined manage more than $1 trillion in assets?
With the huge forces of Wall Street gathering together, Peterson had no choice but to make a temporary concession. After discussing with Schwartzman, he finally changed his previous strategy.
A sage once said that the end of the political game is nothing more than compromise.
In fact, it is often the same in business.
As soon as Schwartzman came out of Peterson's house, he immediately dialed Xiao Qi's personal number.Seizing the opportunity, he formally proposed to visit Xiao Qi's house.
Xiao Qi looked at the changes of the day and was sighing that the mall was also extremely dangerous. He received a call from Swartzman and readily agreed to his request to visit.
Swartzman had known that Xiao Qi had come to New York before, but he had never contacted Xiao Qi. Now that he came to the door, he was naturally seeking a compromise.
Sitting in the teahouse of the manor, although it is already night, you can still see the gardeners and bodyguards outside, busy fertilizing the soil.
¡°Sometimes I think that being a farmer, working from sunrise to sunset, and having dinner and watching TV with my wife and children at night, without having to think too much or worry too much, is definitely much better than the life we ??have now. Yes!" Swartzman said with emotion.
"Accustomed to the prosperity of the city, accustomed to standing on top of the crowd and giving orders, accustomed to controlling the destiny of others, will you give it up? Will you be willing to be lonely?" Xiao Qi laughed hoarsely and said: "How about we make a bet, can you persist? In three months, I lost a Ferrari to you, and you lost a Ferrari to me.¡±
Schwarzman laughed and shook his head, "Young Master Qi, you didn't even give me a chance to express my feelings and think freely!"
"Some things not only require thinking, but also doing." Xiao Qi smiled, "I think you came here today, Stephen, not to express your feelings about life, right?"
"Of course!" Swartzman quickly adjusted his mood, "Qi Shao, I want to ask, do you really have such demand for Black Rock Group?"
"I think so." Xiao Qi said harmoniously: "Black Rock Group manages so many high-quality funds and has an extremely strong manager team. If I can buy it, it will bring me great benefits in the future. income."
"If you spend 12 billion U.S. dollars to acquire its shares, will the annual profit be as good as the profit generated by your investment in Fairy Company?" Swartzman said, "As far as I know, both Dreampad2 and Dreamstars have the problem of insufficient production capacity. . If you can invest more money in production, wouldn¡¯t it be more cost-effective based on the profit margin of more than 50% for two super popular products?¡±
"It's very dangerous if you only put your eggs in one basket." Xiao Qi said with a smile, "Don't you also advocate diversification of asset allocation? I think this is very good, and I happen to have this cash now. , can make this investment, and Merrill Lynch needs this cash, so it makes sense that they want to sell it to me.¡±
Swartzman was at a loss for words.
Like Bloomberg¡¯s previous frustration with Bloomberg¡¯s shares, the biggest shortcoming of Blackstone Group and Black Rock Group is the lack of cash.
¡°Although they have hundreds of billions of dollars in asset management at every turn, it is almost impossible to come up with 12 billion dollars in cash.
?????????????????????????? If it were normal, you could still find a few more banks to lend money, but now the banks themselves are unable to protect themselves, and they are almost going to grab money. Where can they find the money to lend them money?
Therefore, during this period of time, Xiao Qi directly used his abundant capital to suppress others. He was simply crushing them. It was completely impossible to have any opponents!
This is the essence of cash being king!
"Can you tell me how to give up the acquisition of Black Rock Group?" After careful consideration, Swartzman simply decided not to go around in circles with Xiao Qi.
"If you introduce me to a few more businesses that can make money, and that can increase in value very much, I'm willing to stop." Xiao Qi also became serious, "But don't fool me with ordinary things, you can only use A better project than Black Rock Group comes out! ¡±
Schwartzman was speechless, "We have better projects and we won't do them ourselves, so we eagerly acquire the next-level ones?"
Xiao Qi spread his hands: "Do you need me to explain the importance of Black Rock Group to you?"
Seeing Xiao Qi clearly seizing on the weakness of Blackstone Group¡¯s intention to acquire Black Rock Group, and being so confident and fearless, Swartzman wanted to lift his stool and throw it at Xiao Qi.
But after all, he is not good at force, not to mention there are a lot of bodyguards outside. If there is a conflict, he is not sure whether he can go back intact.
Seeing him in such a difficult situation, Xiao Qi smiled, "How about I pay you 12 billion U.S. dollars and you sell Freescale to me?"
"Dream!"
Swartzman subconsciously denied it.
What are you kidding?
We only spent US$17.6 billion to buy it the year before last, and you want us to sell it to you at a loss of US$5.6 billion in just two years?
Even if it is affected by the storm, it shouldn¡¯t be discounted like this, right?
When Swartzman was muttering in his heart, he only thought that Xiao Qi was speaking casually to cover up his purpose. He never thought that Xiao Qi wasThis is always a temptation.
"Then why don't you sell me the shares of the sexy girl!" Xiao Qi said seemingly casually, "3.6 billion US dollars, I will pay you right away."
¡°Cho girl?¡±
Listening to this, Swartzman's heart moved.
It¡¯s not that he guessed that Xiao Qi competed with them for the shares of Black Rock Group because of the lustful girl, but he felt that he could really use this as a condition to have a good talk with Xiao Qi.
After all, Xiao Qi¡¯s woman, Ms. Tang Mingxiang, is well known for her ambition to buy back pornographic girls! (To be continued, please search Piaotian Literature. The novels will be better and updated faster!
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