Archived Financial Talent

Chapter 475 Layout of Citibank
Old Morgan didn't expect Buffett to be so ruthless.

"Boss, I have another piece of news, mainly related to Buffett."

The white man saw old Morgan muttering there, so he quickly told another piece of news.

"Just now some news media broke out, saying that the insurance company AIG has undertaken too many credit default swap compensation contracts, so the company is already in high debt. Not long after the news came out, the company's stock price has collapsed. At the same time, According to news reports, Buffett has a heavy position in the company's stock, and this crash will bring him huge losses."

After hearing the news, old Morgan sat on the sofa and frowned and thought for a while, and immediately knew why Buffett had to withdraw funds in violation of the contract between the two parties this time.

"I know why Buffett is withdrawing funds."

Old Morgan sighed slightly, looking a little depressed.

"If this matter is really as you said, then Buffett's current situation may be worse than ours."

"As far as I know, many of the funds that have been handed over to Buffett for management are some big politicians. If Buffett really had such a big investment accident, then these bigwigs will definitely find Buffett. Redeem your own funds over there."

"Moreover, Buffett can't tell those big guys that their funds were damaged in the process of investing in AIG, so the funds redeemed to those big guys must be their original investment amount."

"Once this is really the case, Buffett must reserve enough liquidity to cope with the run on this time, and this is why he is eager to take out the funds in the stock market."

When the white man heard old Morgan's words, he immediately bowed his head and said flatteringly, "The boss is still very powerful. He has already pushed out Buffett's intentions after hearing two pieces of news."

"But what if we know the truth of the matter?"

There was a slight sadness on Old Morgan's face.

"What I'm more worried about now is whether there is anything to do with Lin Feng behind this incident. If it is really Lin Feng who is behind this incident, then this man is really terrible."

The white man said suspiciously: "This should not be possible."

"Actually, before the money came out in the news, there was nothing wrong with AIG. Although under the influence of the financial crisis, the stock price fell a little bit, but compared to other stocks, it is still very strong."

"And I also heard that the shareholders of their company are joint shipments. These people are beyond the control of Lin Feng, an Asian. After all, there are many important people among these shareholders."

"That's not what I said." Old Morgan raised his hand and interrupted the white man.

"What I mean is, is it possible that Lin Feng is planning behind the AIG scandal this time?"

"If this is really the case, then Lin Feng is too scary. After all, for the shareholders of AIG to do such a thing, the secrecy must be well done. Even I have no way to know, but how did Lin Feng know? "

The white man reacted immediately after hearing what old Morgan said, but if the shareholders of this company do such a thing, they will definitely do a good job of keeping it secret, there is no reason for it to be known, if Lin Feng really Knowing this under such circumstances, then the power of Lin Feng is too terrifying, right?
Just as the white man was thinking wildly in his mind, old Morgan interrupted his thoughts.

"You go to Citibank right away and talk to them about the loan."

When the white man heard old Morgan's words, he felt very puzzled and didn't understand what the loan he was talking about was.

Seeing the confusion in his eyes, old Morgan said, "Now that the stock price of our Stanley company is plummeting, it seems that Buffett is determined to leave, so no matter what we do to stop it, it will be useless."

"Then we can only rely on our own methods to save ourselves. After all, we can't watch the stock price continue to fall."

"You go to the president of Citibank and say that I am willing to take Stanley's shares as collateral, and I can borrow as much as I can. At present, we don't have enough funds here, so we can only seek help from Citibank. Back then, I was very concerned about their company. The president is kind, I believe he will not refuse my request."

After listening to old Morgan's words, the white man nodded, then turned and left.

Zou Ming saw the sales orders pouring out of Stanley's stock, and immediately laughed. He didn't expect his boss to guess so accurately.

At the beginning, he heard Lin Feng say that after the AIG scandal was exposed, Stanley's dilemma could be solved. At the beginning, he still didn't believe it. After all, the AIG scandal seemed to have nothing to do with Buffett. The relationship, at most, is that he failed to invest and lost some money, but the money belonged to the investor, not his Buffett at all. How could he be heartbroken?
As a result, not long after the news was released, first the stock price of AIG collapsed. Zou Mingda, who had shorted the company’s stock price a long time ago, made a lot of money, and then Stanley began to pour in a lot of sell orders. A lot, at this time Zou Ming knew that this was Buffett's clearance sale of stocks.

At this time, Zou Ming admired Lin Feng's ability even more. He couldn't do without admiration. He didn't think of a way to break the situation. Lin Feng solved it easily and effortlessly. Such an awesome ability.

Just when Zou Ming was planning to join the short side in one fell swoop and hit Stanley's stock price to the bottom, he soon found that the buying orders for entering the market were also slowly increasing. Judging from the trading volume, it seemed that it was not as simple as retail investors.

At this time, Zou Ming soon received news that people from the Morgan family had reached an agreement with Citibank, and that Citigroup had loaned 50 billion US dollars to Stanley Corporation.

50 billion U.S. dollars. Under the financial crisis, every company is eager to break one dollar into two dollars. It turns out that Citibank is so generous in lending 50 billion U.S. dollars to Stanley, which is really a big deal.

When Zou Ming received this news, he knew that Stanley Company should be buying the bottom of his company's stock by taking the loan.

Zou Ming had no choice but to report this situation to Lin Feng. After all, if he directly competed with Stanley for funds, he did not have so much funds in hand.

Lin Feng was also surprised when he first heard Zou Ming's report on this matter. How could he have thought that Citibank would come out to make trouble again. Didn't they learn their lesson about the incident in Xiangjiang?
After all, Citibank lost the entire Xiangjiang bank to Lin Feng in the matter of Xiangjiang before, and now they are lending money to the Morgan family at this time, isn't it against him in disguise?
"Zou Ming, send someone to investigate the loan between the Morgan family and Citibank immediately. I want to know the details of the loan between them. It seems that this time, if you don't give Citi a little color, the other party didn't let me go. It's in my eyes."

Zou Ming was very happy when he heard Lin Feng's words. It seemed that this time he could follow Lin Feng to attack Citibank again. Thinking about it, he felt excited.

Zou Ming still remembers that under the leadership of his boss, he not only made tens of billions of dollars in Chada Bank, but even took over all the business departments of Citibank Xiangjiang. At that time, Zou Ming was not in the investment department. The manager, he was just an ordinary employee, but he was lucky enough to complete that plan with Lin Feng at that time.

When thinking of this, Zou Ming suddenly missed the time when he and Lin Feng just met. At that time, at the company's first annual meeting, he and his sister got lucky and bought both houses in the company. Take it home.

Speaking of that house, Zou Ming still lives in it.

Although Zou Ming didn't know how much money he earned by following Lin Feng in the past year, all kinds of bonuses were added together, not long ago Zou Ming took a look at his passbook, and it was already nine figures.

It can be said that among the top executives of the entire company, Zou Ming should earn the most money. After all, the annual salary of the current top executives is generally in the millions, and Hou Long, who is in charge of Xingkong Electric, has an annual salary of tens of millions. The shareholder and founder of the company, the salary is naturally higher.

Zou Ming also knows that other high-level executives don’t make as much money as he does, so he usually doesn’t dare to make a high profile. After all, most of his money is for Lin Feng to take care of those planned rewards. If he only relies on his annual salary of 300 million, think It is really difficult to make so much money.

(End of this chapter)