Reborn Millennial Gamer

The IP of Iron Man is not enough for the "Iron Man" movie. The "Black Widow" and "Nick Fury" who appeared on the scene have to be authorized by Marvel.

However, Lu Fei didn't "buy, buy, buy" immediately. After all, the project has not been written yet, and even the script has not been finalized, so it must not be exposed.

So they found another way and approached Merrill Lynch Securities on the grounds of the subprime loans of the Three Body Fund.

Because Marvel mortgaged 10 super-English IPs such as Thor, Captain America, Black Widow, and Nick Fury to Merrill Lynch.

"Citigroup, Lehman, Bear Stearns, UBS..."

As the CEO, Stan O'Neill looked at the ranking list of the mortgage bond market, and Merrill Lynch was only ranked 7th in the list, and he couldn't help but get angry:
"Fuck, what the hell are you doing! What I want is that you use your brains to be the top five, not your mouth. What is the grade of Greenwich? Is the subprime loan scale similar to our Merrill Lynch?"

"Stan, I have already suggested that we should buy our own loan company. Which one of the top five subprime mortgage companies does not have one? Bear Stearn swallowed the subprime mortgage business of Encore Credit last month, and Citigroup also opened an online P2P The business has reached 10 billion."

Michael Bloom emphasized that subprime mortgages and P2P lending are golden chickens that lay golden eggs.

"I am firmly against it!"

John Anguru frowned, "Have you all forgotten the notoriety of 'predatory lending' by First United and Lehman?"

"Childish! Compared with notoriety, the most important thing now is to revitalize Merrill Lynch and return to its original position."

Stan O'Neill scoffed. He came to power during the dot-com crash, and only when he brought Merrill Lynch out of the trough to the apex, would the professional managers get richer bonuses.

His order is simple: Merrill Lynch will be the boss of subprime mortgages!

"If you want to get this market, you have to do whatever it takes. The first thing is to poach people. The competition for circulation is nothing more than the competition for star traders."

Michael Bloom puts it bluntly: “The top five investment banks have their signature traders, Lehman has Tim Fitzpatrick and Matt Miller, Bear Stearns has Mike Nirenberg and Jeff Wischlesser, we also need Merrill Lynch's ace trader."

"Hey, be careful what you say! Although there are no star traders in my staff, the overall business competitiveness is no worse than any of the top five subprime mortgages."

John Angurus glared back.

"Is almost enough? What I want is beyond!"

Stan O'Neill became more and more displeased, and mercilessly tore off John Anguru, who was in charge of subprime mortgages, and replaced him with Michael Bloom, while pointing to the door: "You, get out!"

When Michael Bloom saw John Angru, who was like a bereaved dog, he gloated at his misfortune, suppressed a smile and said, "Thank you, Stan, I will follow you to fight Merrill Lynch's subprime mortgage war..."

Just as he was showing his loyalty, the secretary knocked on the door abruptly, reminding him that the appointment time was up, and that Lu Fei and his party had already arrived at the company.

"Michael, we have to take this order!"

Stan O'Neill's tone was imperative: "Do you know what I mean?"

迈克尔布卢姆没想到上任的第一个考验来的这么快，陆飞这次要卖3.5亿美刀评分在3A和2A的优质次贷，完全可以跟B级、Air-A级组合成13到17亿规模的新COD。

It is equivalent to mixing 50% of fresh and delicious fruits and 50% of rotten or fast-rotten fruits such as rotten apples and bananas into an exquisite fruit platter, and sell them at normal prices or even higher than market prices.

At least Lu Yun from Ant Financial has to say: It smells so good!
"Hello, O'Neal."

Lu Fei led the team forward and stretched out his hand proactively.

"Lu, nice to meet you."

Stan O'Neal shook hands with him, and from the corner of his eye he noticed Ivanka in the large army, and was very surprised: "I thought the youngest son of the Bullock family would come to meet and talk with you."

"Ivanka is also my right-hand confidant. Don't underestimate her just because she is beautiful and blonde. She is not a silly blonde girl in Hollywood movies. She is absolutely indispensable in this business."

Lu Fei patted Ivanka on the back.

Ivanka glanced moved, her eyes flickering, if it wasn't for public occasions, she would have eaten him alive.

"I have no other meaning, hehe, please come in."

Stan O'Neill introduced Michael Bloom and others one by one, and then the two teams merged into a crowd and poured into the conference room.

"I'm more straightforward and like to cut to the chase."

Lu Fei unbuttoned his suit, "I think Bullock has made it clear to you, O'Neill, for some reasons that everyone knows, I am going to sell 3.5 million US dollars in subprime mortgages, but this batch of hot goods, I don't want to sell for a fair price."

“现在市面上都提到105、106美刀，美林一般按107美刀收购，但考虑到这批是2A和3A混合的优质货，我们愿意出到109美刀。”

Michael Bloom looked straight on.

"Lehman and Bear Stearns are both offering $110."

After a rough calculation, Lu Fei made a net profit of 3150 million US dollars. Although the average annual rate of return reached 4.5%, the difference of 350 US dollar was a loss of [-] million US dollars, equivalent to a Beverly Hills villa.

"But Merrill Lynch offered the most lenient buyback terms."

Michael Bloom glanced at Stan O'Neill and confidently said that there are 90-day repurchase clauses among general institutions.

After all, the Wolf of Wall Street is not a husky. What if the thunder is passed by the drum, and the thunder blows up as soon as it reaches him?
Therefore, there are preset conditions. If the loan sold is delayed in payment within 90 days, or the principal defaults, the seller must redeem the loan at the original price, and if something happens to the loan pool after 91 days, it does not matter. .

Merrill Lynch Youyou is Youyou, changing 90 days to 60 days.

"I don't seem to have any reason to refuse."

Lu Fei shrugged, "But I have a small condition."

"You say." Stan O'Neill said.

Lu Fei said: "I don't want all the cash for the $3150 million. I want to use it to buy the superhero IP that Marvel mortgaged to you."

"Lu, you want us to transfer the mortgage to Trisolaris?"

Stan O'Neill was very surprised and felt that there was a fraud.

Michael Bloom whispered in his ear: "Lu has a collection of Marvel superheroes. He bought the copyright of Iron Man with a lot of money before. Stan, I don't think there is anything wrong with it. This is a good deal. We can save a sum of tens of millions." cash."

"Lu, why do you care so much about Marvel's IP?"

Stan O'Neill had his arms crossed, still not feeling right.

"This involves a secret project, and if you can promise God that it will be kept secret, I can tell you about it."

Seeing him nodding his head solemnly, Lu Fei wrote "Ivanka wants to make a Marvel movie" on the note and handed it over.

Stan O'Neal opened it, looked left at Ivanka in surprise, and looked right at Master Lu, and immediately understood——

Damn it, you've spent a lot of money picking up girls!

Thinking about Ivanka's father again, he immediately dispelled his worries: "I'm fine, but Lu, I want to remind you that during the mortgage period, the creditor has no right to use the mortgage, even if you get the mortgage, you can't use it. "

"I understand this."

The corner of Lu Fei's mouth turned up, "So I need the assistance of Merrill Lynch to do the work of Tongwei together and authorize the IP she wants to Hantang. We don't need much, one or two is enough."

Stan O'Neill and Michael Bloom looked at each other, and then cast their eyes on Ivanka in unison. She was expressionless, but when she looked at Lu Fei, she was always affectionate.

"Is it difficult to do?"

Lu Fei noticed that they were scrutinizing, worried that Ivanka's poor acting skills would be seen through by the old foxes, so he knocked heavily on the table, drawing the attention of the people present:
"O'Neal, the reason why I didn't go to the top five subprime mortgage institutions, but chose you is because Merrill Lynch has the IP of Marvel Chaoying. As for 90 days or 60 days, it is not the most important."

"calm down."

Stan O'Neal gave a look, "Find out the detailed list of Marvel's mortgages and let them choose." He looked at Lu Fei and Ivanka, "Marvel took $5.25 million from us, Lu, 3150 million dollars may only be enough to buy an IP, or it may not be enough, such as Captain America."

"If it exceeds, I will make up the difference."

Lu Fei played a full set of plays, holding Ivanka's hand in public, playing with it like a toy, and couldn't put it down.

After a while, a stack of collateral lists appeared in front of my eyes.

Ivanka fell on the [Black Widow] on the list at first glance, which clearly reads:

Marvel B-class heroes, superheroes without superpowers.

The commercial value assessment is C+, and the reasons are as follows: a female agent role often seen in spy movies cannot support the magnificent battle scenes with various dazzling special effects... The heroine superhero movie is high risk, refer to Halle Berry's "Cat female"……

The final price of the collateral is 1800 million US dollars.

After going through the 10 pledges one by one, she pulled out two forms and said, "Just her, and this Nick Fury (Director of S.H.I.E.L.D.)."

"are you sure?"

Lu Fei glanced at it, and there was still $150 million left.

"Well, honey." Ivanka nodded coquettishly.

When Michael Bloom saw the two of them, the "old white man" in his bones made him envious and jealous. How could he be able to pick up a blonde and white girl by kicking Nizi!Damn, it's nice to be rich!

Stan O'Neill noticed that something was wrong with him, and sent him away: "Michael, you and Ivanka and the others went out to discuss the details of the transfer, and there are some things I want to talk to Lu alone."

Soon, there were only two people left in the huge conference room.

"Whiskey, brandy, or tequila?"

Stan O'Neill went to the little wine rack in the corner.

"Tequila, thanks."

Lu Fei took out a cigarette from the cigarette case and raised his legs at the same time.

While pouring the wine, Stan O'Neill said, "Lu, your visit this time really confuses me."

"Why do you say that?"

"You are the author of "The World Is Flat". In your book, you successfully predicted the prosperity of the real estate market, and even predicted financial innovation, especially Internet financial innovation. P2P contributed to real estate and subprime mortgages, but I don't understand, you have predicted so much so accurately, why are you not optimistic about subprime mortgages?"

"Because I wrote the Chinese part, and the American part is basically credited to Thomas Friedman."

"But you made the opposite judgment and invested in John Paulson's bearish fund."

Stan O'Neill sliced ​​fresh lemons and sliced ​​them all.

"I really don't like it."

Lu Fei breathed out the smoke ring, "I don't know if you have counted. Since 04, the Federal Reserve has tightened policy and raised interest rates by 17 basis points 25 times in a row. It has raised interest rates to 5.25% until this month. Don't you think Is it too often?"

"No no no."

Stan O'Neill shook his head: "On the contrary, such frequent interest rate hikes can't curb the wave of house buyers. The subprime mortgage market is very good, and the potential is far from being hollowed out. On the contrary, John Paulson's fund has been losing money now. It’s more than 1000 million, shouldn’t you think about how to stop the loss?”

"Haha, no, I'm just the opposite."

Lu Fei grinned: "I heard from a fish seller that the greater the wind and waves, the more expensive the fish, so I want to raise my bet. John just set up another fund to short ABX."

Old people like Stan O'Neill immediately thought of the "Subprime Mortgage Bond Price Composite Index/Subprime Derivative Bond Composite Index" that was just created this year.

Holding a wine glass in one hand, a small bottle of edible salt and sliced ​​lemons in the other, he said in a complex tone:
"Lu, I can't comment on whether your choice is right or wrong, but the current situation is that housing prices continue to rise, and there is no possibility of a decline at all. OK, even if it falls, the Fed will not do nothing but cut interest rates to save the market. House prices will not fall, and the entire subprime mortgage market is very safe."

"Thank you for your advice, O'Neill."

Lu Fei stubbed out the cigarette in the ashtray, and told the most ridiculous lie in the most sincere tone: "Since you said so, I will reveal a little secret. This is the third pack of cigarettes I smoked today. Actually, I don't smoke much. , but in order to relieve the pressure, John goes for a 3-mile run in Central Park every day."

Stan O'Neill's eyes flickered suddenly: "I understand your feeling. If I were you, I'm afraid I'm already insane, and I'm about to move to St. Elizabeth's Hospital."

"Haha, cheers."

Lu Fei laughed, sprinkled edible salt on the tiger's mouth on the back of his hand and licked it, then took a bite of the lemon slice between his fingers, and finally drank the tequila in one gulp.

The wild and reckless Mexican drinking method, all in one go.

It's completely different from Stan O'Neil's way of drinking.

After pushing the cup to change the lamp, the basic framework of the mortgage transfer agreement has been set up, and it only needs to add some details to get it done.

"Pleasant to work with."

Lu Fei walked into the elevator.

"Pleasant to work with."

Watching the elevator descend, Stan O'Neill closed his smirk instantly, and turned to look at Michael Bloom, "Don't you think it's strange?"

"What's strange?" Michael Bloom asked puzzled.

"When encountering such a situation, many experienced people will choose to quit the transaction and stop the loss. Lu will not be unaware, but the strange thing is that the loss seems to make him more determined."

Stan O'Neill lowered his face: "Did he really find the traces of the subprime mortgage collapse?"

"Impossible, absolutely impossible."

Michael Bloom repeatedly denied it, presented the facts, and listed the data. In the second quarter of this year, although the subprime delinquency rate (delayed by more than 90 days) and the foreclosure rate (the rate of foreclosure without foreclosure) were on the rise, But basically stable.

The default rate of substandard goods is 6.7%, of which the serious delinquency rate and foreclosure rate are 4.8% and 1.9%, which is too safe to be safe.

"Am I thinking too much?"

Stan O'Neill was unsure. After all, Lu Fei was as famous as Buffett, soybeans, oil, and gold.

How could such a son of God make such a low-level mistake?

"Stan, Lu's motivation is actually very easy to understand."

Michael Bloom said with a smile: "It takes a lot of courage to admit the mistakes you have made. The more successful and proud you are, the less likely you will feel that you will make mistakes. Even if you are really wrong, you will deliberately pretend to be asleep. , how can you not wake up a person who pretends to be asleep?"

Stan O'Neill thinks it makes sense. Perhaps Lu Fei is stubborn because of the idol burden of China's stock god.

Thinking about it this way, I don’t feel regretful: “It’s a pity that we can’t do CDS, and it’s cheaper for Meixing, Citigroup, and Chase.”

"Isn't there still a chance?"

Michael Bloom showed a smirk, "Didn't Lu tell us that he wants to short ABX, why can't we go long?"

Stan O'Neal's pupils shrank slightly, he turned his head sharply, and stared straight at him, neither agreeing nor objecting.

"You can also contact Goldman Sachs, how did the gold war win from us, this time he has to spit it out twice!"

Michael Bloom has a sneer on his face when he thinks of Ivanka, do you think God will always be on your side?
God bless has always been America!