Reborn Millennial Gamer

Chapter 604 If you want to take it, you must give it first (4k)

When Lu Fei received Henry Paulson's invitation, it was already March 3, and he flew to Washington the next day.

At the Treasury Building on Pennsylvania Avenue, the Secretary of the Treasury stood at the door to greet him with a formulaic smile and said:

"Tony Lu, Henry is in a meeting with other high-level executives and it will end soon. He asked you to wait for a while."

"no problem."

When Lu Fei entered the finance minister's office, he saw Buffett stepping up first, with his legs on the table, drinking Coke, eating nuts, and flipping "The Big Short" in his hand.

"Warren!"

"land!"

The two had an affectionate hug.

"I didn't expect you to come so early."

Lu Fei asked for a can of Coke.

Buffett spread his hands: "I'm here to hide and relax. I have to send a bunch of Wall Street companies for help every day at home, and there are so many calls that I am almost nervous."

"Me too, hahaha~"

Lu Fei took a sip of Coke.

Buffett shook "The Big Short", "Lu, this book is wonderfully written. You are simply the chief director of the entire crisis. The subprime mortgage situation is almost developing towards this script."

"Then, as an investor in this movie, your box office dividend is absolutely indispensable. Bear Stearns' CDS and securities lending have all been liquidated. Today's lunch must be invited by you."

"No problem, I'll be the driver and take you to the restaurant I often go to later, just in time for us to talk more about BYD's investment."

"A decision has finally been made?"

"Munger has inspected BYD."

Buffett said with a smile: "His evaluation is higher than yours. He said that he has lived for most of his life, but he has never seen such a strange person. He can not only solve technical problems like Edison, but also handle his needs like GM CEO Welch. Whatever I do, I am very, very optimistic about BYD's prospects, and if I miss out on BYD's strategic investment, it will be a shameful record for me."

"With the support of you and me, BYD will definitely rise in the field of new energy vehicles in the future! Sweep! Dominate!"

Lu Fei held up the Coke, "Come on, cheers!"

Buffett clinked glasses with him and said with a smile: "Lu, thanks to you for recommending such a high-quality project. Of course, there is also the subprime mortgage. If you need help in the future, don't hesitate."

"Speaking of helping this, I really have one."

Lu Fei snapped his fingers, "I wanted to talk about it at lunch, I hope you can join hands with me to acquire MoneyGram."

"Moneygram?"

Buffett nibbled on an almond.

Lu Fei nodded. MoneyGram is an international fast remittance company, but it only handles global fast remittance business for individuals, such as studying abroad and traveling abroad. It has more than 9.6 agents in Asia Pacific, Europe, America, Latin America and other regions, second only to In the world's No. [-] Western Union.

If Tenpay acquires MoneyGram, it will be able to completely open up online cross-border payments on a global scale and immediately overtake PayPal.

Feibu can also rely on MoneyGram's Tenpay to expand its cross-border e-commerce business to Eurasia, especially the European market.

Key banks such as China Construction Bank, Agricultural Bank of China, and Bank of Communications rely on MoneyGram, which reduces the difficulty of going overseas, although the assistance is very small.

"You want me to help you buy the shares of MoneyGram, and then transfer them all to you after the stock price stabilizes?"

Buffett immediately guessed the intention.

"Old man, I will never let you suffer."

Lu Fei said: "And the cost is not high, it is estimated that it will not exceed 1.8 million U.S. dollars. If it goes well, it can be completely won at about 1.4 million U.S. dollars."

"Why is it so low?"

"MoneyGram's losses on mortgage-backed securities investments are expected to exceed $16 billion. The first-quarter financial report has not yet been released, and the stock price has plummeted by [-]%."

"For MoneyGram to make up for these losses, its shareholders will have to sell a majority of their shares in exchange for a cash infusion."

"If the stock price is too low, it may drop by 70% or 80%. If it is too high, it will directly become a penny stock. At that time, we will give MoneyGram an undeniable condition." Lu Fei threw the fudge into his mouth and chewed.

"That's all right, but why don't you..."

Buffett suddenly realized: "Is the CFIUS making things difficult for you again?"

"Isn't it? It's clear that so many companies are in danger. I am a Chinese, and I am willing to save (rescue) American companies. What kind of spirit is this? This is the spirit of internationalism!"

Lu Fei was helpless: "It's a pity that I failed my good intentions in vain."

With wise eyes shining in Buffett's eyes, he came up with an idea, he can find Henry Paulson, and it's time to redeem points.

"I'm here for that too."

Lu Fei grinned. Henry Paulson has always advocated "promoting China and suppressing Europe", and his strategic stance is inclined to China.

Otherwise, he would not be given a share of the dark stock.

I have been in the United States for so many years, spent so much money, and supported so many people, so I just keep what I use today!
…………

More than ten minutes later, the door of the office was pushed open.

Henry Paulson walked in directly, without saying a word of extra politeness, and directly opened the skylight to speak clearly——

Subprime mortgages and P2P have indeed shaken the entire financial system.

The only way to resolve the crisis right now is to try to rescue Bear Stearns. After all, it is too big to fail. The Ministry of Finance and the Federal Reserve are already looking for a "white knight" for Bear Stearns.

Saying that, he aimed his gaze at Lu Fei:
"Lu, I hope to stop with Bear Stearns."

"I never did anything to Bear Stearns."

Lu Fei had a harmless and innocent expression, "The short-selling fund is all run by John, and you know how ruthless people from Bear Stearns are. They only recognize money but not people, but don't worry, I will definitely persuade him to hurry up." Stop, and spare the old club's life."

"Warigod!"

Henry Paulson looked at Lu Fei on the left and Buffett on the right, and said bluntly that the Ministry of Finance is organizing some companies to jointly acquire Bear Stearns, a financial giant that is in trouble, and hoped that the two stock gods of the East and the West would make a move.

"Can I also participate in the acquisition of Bear Stearns?"

Lu Fei laughed at himself: "When I want to acquire a small company, I have been made things difficult by the bureaucrats of the Foreign Investment Committee."

Buffett chimed in: "That's right, it would be difficult for Lu and I to save the dying MoneyGram, let alone Bear Stearns."

"Is it MoneyGram?"

Henry Paulson is worthy of being a "Hua Xia Tong", and he is well versed in the principle of "If you want to get what you want, you must first give it". He wrote this name on the note, "When I finish dealing with Bear Stearns, I will find the committee member Talk to the buddy, can we continue now?"

"Wow, you sound like a phone call I got yesterday from a private investment firm saying, 'This call is about Bear Stearns, can you go on?'"

Buffett tactfully refused: "I was thinking at the time, isn't this like a girl who takes off half of her clothes and then asks me if I can continue, even if I am a 90-year-old incompetent old man, I will let them continue, but it is a pity , this transaction plan is far less attractive than the girl, and it is even more impossible to pay."

"Pfft!"

Lu Fei couldn't help laughing, he really deserved to be an old bastard pretending to be a gentleman, who dared to say one thing after another in front of the finance minister.

I really can't let go of him.

After all, they are not orthodox Zhengxingqi Tianlong people.

Seeing the two laughing, Henry Paulson lowered his face.

I promised to help you solve the MoneyGram acquisition case, but in exchange, you still haven't agreed?

Buffett restrained his smile and explained the reasons for not buying.

Bear Stearns is a weakling now, he doesn't know how to run an investment bank, and he can't resell this ticket to enter Wall Street to Europe or China.

But I gave a sap and gave a sweet date——

Willing to provide reinsurance for US$700 billion municipal bonds in the United States, releasing trust in the US financial system to the outside world.

"900 million dollars!"

Henry Paulson is like buying vegetables in a vegetable market, bargaining for prices.

In the end, the two made a further concession, $800 billion.

Lu Fei noticed that Henry Paulson turned his attention to himself, and he also moved out the conditions he had prepared long ago:

"Henry, you know me well. Goldman Sachs and I are friends. Lehman and Bear Stearns are my enemies. How can I spend money to save my enemies? Or else..."

Immediately, a promise was made.

The subprime mortgage crisis is like a poisonous circle in eating chicken. With time, the circle will only become smaller and more toxic, and investment banks will die if they can't avoid it. A helping hand, as long as Goldman Sachs sends out a distress signal, it is absolutely indecent

"Ok."

Henry Paulson also knew that it was useless to talk any further.

Without Buffett taking the lead, it would be impossible for Lu Fei to intervene in Bear Stearns. This ticket to Wall Street, let alone China, would only be given to the Great Empire, which is father and son, even in Europe.

Although I didn't get the answer I wanted, I was very satisfied.

So he rubbed his chin, "Lu, then you can let John settle down while he is looking for a buyer at Bear Stearns. Besides, I hope you can ask for me..."

After hearing what he said, Lu Fei smiled coldly in his heart.

Don't they just want us to buy U.S. bonds!

He wondered: "Of course I am happy to be this messenger, but this matter can only be asked face to face when I return home. Henry, can you wait? I may have to stay in the United States for a long time."

"how long?"

"About two or three months."

"What! So long!"

"You can't blame me for this. If you want to blame it, you can blame Micron for clearly suing Toshiba for infringement. For no reason, you must also involve my YMTC in the lawsuit." Lu Fei shook his head and laughed.

Buffett watched a movie while drinking Coke, with the corners of his mouth slightly upturned.

Lu Fei complained bitterly, "No, there are still 6 days to go to court. I have consulted with my lawyer team. This kind of patent infringement case will last at least half a year. I must stay and find an opportunity to discuss with Micron in private. Negotiations here, I really can't get away from it."

"Is it Micron?"

Henry Paulson wrote on the note, "Although this is beyond the purview of the Treasury Department, it is not impossible."

…………

"Huaxia Lu's prophecy is successful, Bear Stearns' moment is coming! Will the global economic crisis in "The Big Short" be far behind?"

"Buffett announces willingness to reinsure $800 billion in US municipal bonds."

"Bear Stearns deserves to die! After the Federal Reserve agreed to 'underwrite' 300 billion US dollars to support JPMorgan Chase, JPMorgan Chase immediately announced that it would buy the subprime mortgage crisis at a bargaining price of US$2 per share, with a total value of US$2.36 million. Among them, Bear Stearns, which is on the verge of bankruptcy, its stock price stopped falling, and the closing price stopped at $4.81.”

"........."

"Global memory chips encountered a cold wave at the beginning of the year, falling by 7% year-on-year, and the price hit the largest drop in history. Industry insiders say that 08 will be an important turning point for DDR3 memory."

Fox Business News was playing on the TV.

"DDR3, hehe, DDR3 has no improvement at all!"

As the CEO of Micron, Appleton is in a state of desperation.

"Yeah, we were too optimistic before."

Mark Deken didn't care about his status as the president, and kept swearing, "I thought that the price of memory in the second half of this year would definitely rise, but I didn't expect the decline to be more violent. The current market is terrible, even worse than in 2007. , the bank itself is also difficult to protect, and it is not so easy to find money for financing.”

"Fortunately, we reached an agreement with Samsung, represented by Li, and suspended the price war." Appleton sighed, "But it's not enough. The memory chip market seems to be shrinking more and more. We have to wait until the next spring, or Open source, or reduce expenditure."

"Layoffs?"

Mark Deken reluctantly said the idea of ​​throttling.

"No, there must be no layoffs, at least not now!"

Appleton said with a sullen face: "The stock market is in a downturn. Now that the news of layoffs is issued, Micron's stock price is likely to plummet. Then we will be more passive. It is better to transfer more testing production capacity to the factory in Chang'an. After all, China's low cost."

"In addition, temporarily cut some research and development funds?"

"Put on the development of 3D flash memory technology first."

"Intel attaches great importance to 3D flash memory, can you agree?"

"If we don't agree, what can we do? We are the main force in research and development. Besides, 3D flash memory technology costs too much. It is better to invest limited resources in 2D flash memory and make every effort to break through the 50nm process. The market for 3D flash memory is not smaller than that of [-]D flash memory."

Appleton pondered for a moment and made a decision.

Since 06, the two companies each invested approximately US$12 billion to establish an IM joint venture flash memory factory. The two giants jointly developed flash memory chips. With the joint promotion of the two giants, IM has become the largest flash memory factory in the world, and its production process has been upgraded all the way. Up to 72nm 2D flash memory, it is expected to become the world's first largest factory in the world to mass-produce memory with a 50nm process this year.

However, it forced Toshiba and Yangtze River Storage to steal the limelight, especially Yangtze River Storage, and also grabbed business in China.

"It's the last resort."

Mark Deken's eyes fluttered, "Before that, we have to use this time to file a lawsuit with YMTC and strive for an out-of-court settlement with them. As long as Lu promises to increase Logic's order by another [-]%, we will withdraw the lawsuit against YMTC. Just tell Toshiba, if all goes well, and get a settlement of [-] to [-] million dollars from Toshiba, Micron should have no problem getting through this long winter."

"It's not enough, it's not enough. It's not just logical. It's better to give us [-]% of the orders from Yangtze River Storage."

Appleton showed a greedy and fierce smile
Just then, the landline rang.

It was Guo Xing who called. The two looked at each other, full of joy, thinking that they were representing Yangtze River Storage to "seek peace with old coins".
The result was beyond their expectations.

Guo Xing directly announced that starting from the second quarter, logic would cut Micron's purchase orders by half, without any room for negotiation. The problem was the subprime mortgage crisis, and sales of electronic products plummeted.

What's more, the demand in the semiconductor market is tightening, and the price of 2D memory has fallen again, such as 512Mb dropped to 0.31 US dollars...

The price offered by Elpida is more suitable than that of Micron!
"Guo, you can't do this, you must have the spirit of contract, obviously, hello, hello, Fake, he hung up the phone."

Mark Deken was stunned, "How dare you hang up the phone."

"What! How dare he! How dare they!"

Appleton was furious.

Mark Deken snorted coldly, "It's probably retaliation for us suing YMTC for patent infringement, or it may be putting pressure on us and threatening us to withdraw the lawsuit, or else..."

"They are crazy! How can they fight back!"

Appleton is like a typical eagle sauce, I am only allowed to suppress you, and you are not allowed to counter me, his whole face is purple with anger, and even black.

"Dingling, Dingling~"

At this moment, the phone rang again.

Appleton gritted his teeth, "Did it still come from Guo? Mark, you tell him! Tell him! Fake, we will not give in, and we will not surrender to you just for the order!"

"See you in court! See you in court!"

"Uh, it's a California court."

Mark Durkan answered the phone, his face changed again and again.

Seeing him stunned as if struck by lightning, Appleton felt an ominous premonition, "Mark, what did you say?"

"Hehe, hehe, isn't today April Fool's Day?"

Mark Deken couldn't help but smiled bitterly: "The judge actually notified us that the lawsuit has been postponed, and suggested that before the trial, we should talk to Toshiba and YMTC again, and strive for a pre-court settlement."

"What? Say it again!"

Appleton couldn't believe his ears.

　Thanks to HACCT and 20190609063542225 for the 100 starting coins.

　　
　
(End of this chapter)