Age of Dreams
Vol 2 Chapter 1867: Almost paralyzed
This is not the most powerful.
The most explosive news value is the subsequent joint report letter.
What has attracted the most attention in the United States in the past two years?
Isn't it the mortgage crisis, the so-called subprime mortgage crisis?
Under the bank’s loose policies, people who are not eligible to buy a house buy a house. It’s okay on weekdays, but when the value of the house is suddenly lower than when they bought it, who would continue to fill this hole?
Coupled with the economic downturn, the unemployment rate is steadily rising, and many people don’t even have enough living expenses. Who is going to pay back their mortgage?
Thousands of houses were abandoned, and the bank held these houses without tears, because not only the money they borrowed from the loans could not be collected, but the values of these houses continued to depreciate rapidly, and they lost more than the people. To be big-wait a few months, this is how Fannie and Freddie collapsed.
Now someone broke out that they clearly knew that house prices were rising abnormally and there was a great risk, but the Black Rock Group still incited people to buy houses for its own handling fees and service fees. This behavior is simply damnable! !
The Americans were very impulsive. When they saw newspapers saying that the Heiyan Group had harmed the hardworking people so much, their anger could not be expressed in words. They rushed directly to the headquarters of the Heiyan Group and removed their windows and doors on the first and second floors. All were smashed, and then there were thousands of people sitting at the door protesting, demanding that the court close the Black Rock Group and sentence these "serious capitalists" to jail! !
With these two heavy bombs, at least more than 300 reporters used various methods to contain the senior officials of the Black Rock Group and interview their employees.
Coupled with the accusations and scoldings from previous investors, the entire combination was fisted down, making the Heiyan Group panic. Quite a bit of a storm.
To be honest, the Black Rock Group did all of these revelations, but the problem is that Wall Street is not only done by their family, but also by many companies, including Merrill Lynch.
So they are very unconvinced.
thus. It’s not that the Black Rock Group didn’t think about fighting back. In fact, on the afternoon of the 29th, the Black Rock Group organized some of Merrill Lynch’s dark scenes, which were even more powerful than the Black Rock Group’s previous efforts. They prepared to take it to newspapers and magazines. And news disclosure.
But before they took action, the information had leaked out, and then they received many calls.
Not a single person received many calls, but the board of directors of the Black Rock Group. Without exception, I received a lot of calls from people.
Those who called were not only famous figures on Wall Street, but also high-level executives such as the chief executives of several major US stock markets, the Treasury Department, and the Federal Reserve.
They call for only one purpose. Don’t move around. If you dare to do something regrettable, then the Black Rock Group will be suppressed immediately until it goes bankrupt, and the top leaders of the Black Rock Group will also go to jail. For the rest of my life.
What is this called?
It is equivalent to the entire Wall Street putting pressure on them. It is equivalent to fighting against the entire Wall Street alone!
Now they were frightened, where would they dare to move?
So they can only let the protesters protest. Investors complained and shrank themselves and desperately refuted the rumors, but they absolutely did not dare to involve Merrill Lynch at all.
Because they also figured it out, Merrill Lynch can no longer withstand a little movement, and it will go bankrupt if it doesn't fit.
Once Merrill Lynch goes bankrupt. Can Lehman Brothers run away?
They collapsed together. Why would Wall Street bargain with the U.S. government? Isn't this disrupting all the deployment of Wall Street?
The 700 billion U.S. dollars in rescue funds just flew away, and I can't afford to sell the Black Rock Group!
Not only was the Black Rock Group seriously warned, but even the Black Rock Group behind them was also cared by giants such as Goldman Sachs. They called and talked for a long time. There is a warning in the words, so they must not do anything during this period.
What if Peterson had served as Secretary of the US Department of Commerce?
What if Black Rock and Black Rock together manage more than $1 trillion in assets?
When the huge forces on Wall Street gathered together, Peterson only chose to retreat temporarily. After discussing with Swarzman, he finally changed his previous strategy.
A sage once said that at the end of the political game, there is nothing more than compromise.
In fact, it is the same in many times in the business field.
As soon as Swartzman came out of Peterson's house, he immediately dialed Xiao Qi's personal mobile phone and formally offered to visit Xiao Qi's house.
Looking at the changes on this day, Xiao Qi was sighing that the mall was also extremely thrilling. He received a call from Swarzman and readily agreed to his request for a visit.
Swarzman knew that Xiao Qi had come to New York before, but he had not been in contact with Xiao Qi. Now that he took the initiative to come to the door, he naturally sought compromise.
Sitting in the tea house of the manor, even though it is night, you can still see the gardeners and bodyguards outside, busy fertilizing the soil.
"Sometimes I feel that being a farmer, working at sunrise and resting at sunset, eating and watching TV with his wife and children in the evening. There is no need to think too much or worry too much. It is definitely much better than the current day. That's it!" Swarzman said with emotion.
"Get used to the bustling city, get used to standing on top of the crowd and give orders, get used to dominating the fate of others, will you be willing? Would you be willing to be lonely?" Xiao Qi smiled dumbly: "Should we make a bet, can you persist? In 3 months, I lost to you a Ferrari, and in turn you also lost to me."
Swarzman laughed, and shook his head, "Kiyo, you don't even have the opportunity to even think about it!"
"Some things not only depend on thinking, but also have to be done." Xiao Qi smiled, "If you want to come to Stephen today, you are not here to express feelings about life, right?"
"Of course!" Swarzman quickly adjusted his mood, "Qi Shao, I want to ask, do you really have such a demand for the Black Rock Group?"
"I think it should be." Xiao Qi said harmoniously: "The 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 value in the future. income."
"Take out 12 billion U.S. dollars and acquire shares in it. Will the annual profit catch up with the profit generated by your investment in the Fairy Company?" Swartzman said, "As far as I know, both Dreampad2 and Dreamstars have insufficient production capacity. If you can invest more money in production, wouldn’t it be more worthwhile based on the profit margin of more than 50% of the two super-popular products?"
"If you only put eggs in one basket, it is very dangerous." Xiao Qi smiled, "Aren't you also advocating diversification of asset allocation? I think this is good, and I happen to have this cash right now. , Can make this investment. And Merrill Lynch just needs this cash, so they want to sell it to me, that's reasonable."
Swarzman is poor in words.
Like Bloomberg’s frustration with Bloomberg’s shares before, the biggest shortcoming of the Blackstone Group and the Black Rock Group is the lack of cash.
Don't look at them at every turn, it is hundreds of billions of dollars in asset management, but it is almost impossible to really come up with 12 billion dollars in cash.
If it is weekdays, you can find a few more banks to get loans, but now the banks are unable to protect themselves and are about to grab the money. Where can there be money to lend to them?
Therefore, during this period of time, Xiao Qi directly used his abundant capital to crush people, it was simply crushing, and there was absolutely no possibility of opponents!
This is exactly the essence of cash as king!
"Can you talk about how to abandon the acquisition of the Black Rock Group?" After thinking about it, Swarzman decided not to go round with Xiao Qi.
"You can introduce to me a few more businesses that can make money, and those businesses that can appreciate very high, I am willing to stop." Xiao Qi also became serious, "but don't fool me with ordinary ones, you can only use them. A better project than the Black Rock Group is coming out!"
Swarzman was speechless. "We have a better project and won't do it ourselves. We are still eager to buy the next-level one?"
Xiao Qi stretched out his hands: "I need to explain, is the significance of the Black Rock Group to you?"
Seeing Xiao Qiming's grasp of the weakness of the Blackstone Group's necessity to acquire the Black Rock Group, with such perseverance, Swarzman couldn't wait to directly lift his stool and smash it to Xiao Qi.
But after all, he is not good at using force, let alone a lot of bodyguards outside. If there is a conflict, he is not sure whether he can go back intact.
Seeing him so embarrassed, Xiao Qi smiled, "Why don't you sell me Freescale for $12 billion?"
"Dreaming!"
Swarzman subconsciously denied it.
What are you kidding?
We only spent 17.6 billion US dollars to buy it the year before last~www.readwn.com~ In only two years, did you sell it to you at a loss of 5.6 billion?
Even if you are affected by the storm, you shouldn't discount it like this, right?
When Swarzman was muttering in his heart, he only thought that Xiao Qi was opening his mouth at will to cover up his purpose. He never thought that Xiao Qi was already a temptation.
"Then, or sell me the shares!" Xiao Qi said casually, "3.6 billion US dollars, I'll give the money right away."
"?"
Listening to this, Swarzman's heart moved.
He didn't guess that Xiao Qi was going to compete with them for shares in the Black Rock Group, 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, Miss Tang Mingxiang, is well-known for her repurchase ambitions! (To be continued...)
ps: Thank you, Shalex, No Jitian, King Eternal, Fengtian No. 7, Iron Man and other brothers for their recent rewards! Thanks to all the brothers who subscribed to the monthly pass! !
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