Great Power

"Zheng, did you really go to stocks? I remember they said you were a millionaire and made hundreds of thousands of dollars when you came to the United States—"

Ma Niwong suddenly yelled with little stars on his face, and Zheng Jianguo had to smile at this admiring girl.

However, Zheng Jianguo's attention is still on the TV. To be precise, it is what the TV host is saying loudly: "It's just that, the institutions that can absorb the stocks of the two oil companies on such a scale, except for each Apart from the big banks and exchanges, there are only overseas investors represented by overseas oil kings.

It’s just that since the Harland family’s silver speculation broke out at the beginning of the year, the major trading committees have dealt with overseas investors--"

"This, it seems that there is really no leveraged buyout case?"

An unbelievable thought suddenly flashed in his mind, Zheng Jianguo looked at the host on the TV, and he was completely sluggish.

Of course Zheng Jianguo didn’t know that before he did this, that is, during the 10 years in the 1970s, the term leveraged buyout was not well-known to the public. The main reason was that there were not many people and organizations willing to borrow money. : "What if you lose?"

Leveraged buyout is a formal term. The commonly known financing acquisitions and debt-based business acquisitions are more visible and more understandable. It means that companies or individuals use the assets of the acquisition target as debt collateral to achieve the strategy of acquiring the target company.

To put it more vividly, Zheng Jianguo was short of US$2.4 billion to acquire 10% of the stocks of two oil companies. When he only had 1 billion, he could use the purchased stocks to mortgage the shares to the bank and lend him US$700 million. The purchased stocks are then mortgaged to the bank at the market value-after so many rounds of operations, the purpose of borrowing money to receive the stocks is accomplished.

However, the reality is that this transaction is profitable, of course, but considering that you have borrowed money to buy company stocks, then if the company stocks you bought do not appreciate in value and the borrowed money cannot be repaid, what should you do?

Therefore, the premise for this is that the stocks of these two oil companies will rise.

Otherwise, after Zheng Jianguo holds 10% of the equity, he still owes the bank 2.4 billion US dollars.

The current stock market has an incredible mental state of this phenomenon. The two oil companies have oil reserves of more than 2.6 billion barrels. When the latest oil contract price is 33 US dollars per barrel, how can the market value be? It has to be above 80 billion.

But the fact is that after Charlie had absorbed 3.4% of US$1 billion worth of stocks for three consecutive days, he only pulled its market value from the previous US$34 billion to a price of US$37.5 billion, an average increase of more than 800 million per day. point.

Charlie was still busy on Wall Street in New York, but Zheng Jianguo was already shocked by what he thought of. Then, until late at night after work, he found out that the leveraged buyout that had matured in the stock market in his memory was not there yet. Recognized by the market.

The familiar leveraged trading in the futures market has not yet been accepted by the stock market. Zheng Jianguo intuitively feels that he has discovered something extraordinary. The futures market can charge a handling fee. When the leverage is enlarged, the handling fee is also enlarged. .

The reason why this can be done in the stock market is because borrowing money requires the payment of interest. According to the agreement between Zheng Jianguo and Charlie, 19% interest is almost one-fifth, even after 2.4 billion borrowed To return it on time, it will also pay 2.856 billion in principal and interest.

"In the future, if there is no good investment channel, it is not bad to use this method to release the money. It just allows the asset management company to do something—"

"It's just 24% long-term loan interest, which is a bit tricky—"

Thinking of the United States’ current borrowing interest rate comparable to usury, Zheng Jianguo took a few minutes of silence for the majority of American people. Nowadays, imported inflation in the United States is serious. Of course, this inflation is not unique to the United States. Because of the oil, the king of global commodities. The skyrocketing directly and fundamentally led to the increase in the cost of various raw materials.

However, no matter what the enterprise is, the increase in logistics costs will spread the cost to the product. This is the origin of the argument that wool is on the sheep. Nowadays, with the rise in oil, global central bank institutions have come up with solutions ——Hike interest rates.

Therefore, as early as the beginning of 1980, the major developed countries in the world raised interest rates a lot. The United Kingdom and the United States raised interest rates the most. They adjusted their interest rates from 9% to 17%. Other developed countries raised interest rates. The rate is also around 5.5%. Even Japan, whose capital is not in line with international standards, has increased from 3.5% to 9%.

Such a high interest rate gave birth to Zheng Jianguo’s previous idea of ​​throwing money into the bank for interest. After all, he was exhausted to set up a company, and then put a lot of energy to manage the consequences, I am afraid it is not as good as this interest money. It’s high, and the 20% annual rate of return is also risky.

However, as the world's largest capitalist country, American banks have received so much money, but they also have to invest it to generate value.

After all, I just said that wool comes from sheep. As the spokesperson of capital in the world, bankers can eat everything. As long as they make money, it’s okay to eat shit.

Of course, with such high interest rates, Zheng Jianguo's mind is also tensed. Banks in capitalist countries will go bankrupt. Let alone all kinds of messy companies. Don't borrow money and get it back. Company, so this idea just wandered in his mind.

"Just from today, I'm going to be someone who owes money—"

Thinking that Charlie had already used the borrowed money to buy stocks, Zheng Jianguo flashed this idea before going to bed on that day, and from this, he had the naive perception that his previous thoughts were too naive: The decision to go to stocks and futures without debt-but this opportunity is too rare?"

Facing the pie that seemed to fall from the sky, Zheng Jianguo's previous persistence was convinced by himself in an instant, so after Hu Meimei had a dream, he easily cleaned it the next morning, and drove the Plymouth car before reaching the emergency room. The pager on the waist rang: "Didi——"

"Ok--"

Subconsciously picked up his pager and looked at it. Zheng Jianguo found that it was the news from the emergency room. Just when he didn't want to, a black shadow flashed at the corner of his eye, and he slammed his foot on the brake. The whole person was almost thrown by the huge centrifugal force When it came out, the harsh brake sound spread: "Squeak--"

"Huh—"

As Zheng Jianguo had not had time to scold the bike that sprang out, a loud noise came along with the body shake, and he knew that he had been licked on his ass, so he turned his head and looked behind him despite the cursing cyclist. I saw a white airbag in front of the driving seat of the car behind--

"Fak Oil, how did you drive!"

Outside the window of the car behind, the blonde girl was full of fierce expression. Although Zheng Jianguo knew that he was distracted, but now he knew that the other party was in the first place. He didn't keep the distance and hit me. Now he still curses. ?

This very emotional thought flashed in his mind, Zheng Jianguo stopped his hand when he touched the door of the car. He looked at the thin ordinary car window glass and saw that with this action he stopped, the blonde girl had already reached him. Kicked behind the ass of his car: "Yellow monkey, come down!"

"——"

Looking at the woman with a bad face through the car window, Zheng Jianguo blinked and sat in the car honestly. The blonde girl outside saw his movement stop and couldn't help but raise her foot and kick again. The back door of the car: "The timid yellow-skinned monkey, I know you dare not come down, coward, haha, be scared, I will kill you if you come down—"

"Didi, woo-"

A loud police siren suddenly came from a distance. The blonde woman subconsciously retracted her foot and looked to the roadside. She saw a police car on the road in the distance slowly approaching, and the police car window in the driving seat was lowered, her complexion As the black and white policeman looked with his eyes, Zheng Jianguo had already pushed open the door and ran towards the police car: "Police, police, she said she was going to kill me—"

"what?"

The policeman, who was full of vigilance, heard that the policeman Bai Ya immediately stepped on the brake and touched the holster around his waist with his right hand. After opening, he took out his pistol and got out of the car. After looking up and down Zheng Jianguo, he raised the gun and pointed it at the blonde. Holding a pair of white-eyed Rendo eyes, he glanced at him: "Are you sure? She threatened you personally?"

"I confirm, she still scolded me a yellow monkey, and said she would kill me when I got out of the car—"

Zheng Jianguo immediately didn’t care if this woman was joking, but when it comes to his personal safety, this matter can only be done as a real thing: “I just received the bomb package some time ago. It was from the emergency room of Massachusetts General Hospital— —"

"Oh, are you that doctor?"

The white-tooth policeman's expression changed again and immediately raised the gun in his hand and screamed at the blonde: "Hold your head and get down!"

"Hold your head and get down!"

Following the sharp scolding of the white-toothed policeman, the blonde policewoman in the co-pilot seat of the police car also took out her gun, and then yelled: "Hold her head on the ground, hurry up—"

"I—yellow monkey, you are dead!"

The blonde watched the two policemen raising their pistols and slowly approaching, the look of fear on her face instantly turned into fierceness, and yelled at Zheng Jianguo viciously. The white-toothed policeman immediately yelled: "This lady, now I Let you lie on the ground and repeat it again, otherwise I will shoot!"

"You are dead, I must kill you, I will kill your family—"

Looking at the two black muzzles, although the blonde girl's mouth was still fierce, she still hugged her head and squatted down, then squatted on the ground honestly.

Soon the two policemen surrounded him. The White Fang policeman quickly put away the gun and took out the handcuffs, twisted her hands to the back and cuffed her: "Madam, now you have the right to remain silent, but what you said Every sentence of will become evidence in court——"

"Two policemen, I now report to the man who made a personal threat to me, and she did it after she rear-ended my car—"

Zheng Jianguo watched as the blonde girl was pulled from the ground by the policewoman, and he called the white-toothed policeman to the police. Unexpectedly, the latter looked at the car next to him and nodded and said: "You now Let’s talk about the incident, but don’t add any fuel and jealousy. You must tell the truth—"

"The pager rang when I was driving, so I picked it up and looked at it. Then when I found out that it was the news from the emergency room of the hospital, I stepped on the brakes here because it was an intersection in front of me. According to the regulations, I had to slow down.

If there were pedestrians, I had to stop and avoid, so when I saw a bicycle coming over there, I stopped the car, and then she ran into the back and got out of the car and kicked my car, threatening my life. "

Deliberately downplayed that he stepped on the sudden brake because he was looking at the pager. Of course, Zheng Jianguo knew that he would be fined even if he said that. However, compared with a fine of tens to hundreds of dollars, if he lied at this time, he was Crime: "Then you showed up—"

"Oh, you watched the pager while driving. This is a distraction for the driver and is not allowed, so you need to show your ID—"

The white-toothed policeman who wanted to see the ID of the other party quickly spoke and said that Zheng Jianguo took out the driver's license from his pocket under his gaze. After the former took it, he wrote it down on the notebook in his hand, and then raised his head and blinked. He blinked and said, "Are you a good student of Harvard Medical School?"

"Well, if you mean the one who graduated from Harvard Medical School ahead of time, it's me. I'm in the emergency room of Massachusetts General Hospital. Of course I received an explosive package some time ago—"

Zheng Jianguo looked at the ID in the other’s hand and said. The White Fang policeman pinched the ID when he saw his gaze, and then said, “Well, since you said that you had seen a pager while driving a car, so I am going to charge you a fine of 20 dollars. How do you feel?"

"No problem, it's better than going to the police station to take notes and wait for someone to pay the money—"

With a quick smile, Zheng Jianguo was relieved, just like the previous ban drawn by the governor around Mount St. Helens, whoever violates it has to choose between a half-year prison and a $500 fine.

Of course, Zheng Jianguo knew that looking at the pager while the vehicle was driving was a distraction. He would be taken to prison for 3 days or fined as required. Besides, the money would be nothing to him: "The accusation against that woman is still Do I need to find a lawyer?"

"Oh, it depends on your own thoughts. If you are not short of money, it is best to find a lawyer to help you solve this problem. After all, they are professionals—"

Seeing Zheng Jianguo took out 20 dollars from his pocket purse, the White Fang policeman quickly fetched the fine from his pocket, and after writing the name and the reason neatly, he tore it to him, looking in his hand. After scanning the money, he said: "The fine is paid to the bank, so put it away—"

"Sorry, I forgot about this when I got excited, you see—"

Surprisingly, he took the ticket from the other party, and Zheng Jianguo and the wallet were in his wallet, but when he arrived in the emergency room of the hospital, he found that it was already 8:10, and Marion in front of the service desk opened his mouth: " Just now Pliny wanted you to go to the operating room, and you missed another opportunity—"