Chapter 569 Auto Financial Services
William White is engaged in such a big promotional action, and he really has his troubles. In the past year, his investment has been too big. Next, the two companies in Tuao will also spend a lot of money.
Before Tesla's successful IPO, William White's funds were still relatively tight.
The economic downturn, to say that there is no pressure at all, that is also nonsense. He still has a few big losers.
Although the price of oil has risen, it has not been able to make up for the previous losses. His oil wells are all offshore, and the cost is higher than others.
"Boss, next year's car production will increase by 50%, and we may not be able to guarantee the current situation. Is it necessary to increase the area of the transit warehouse?"
"Not for the time being, Filson, look at this, is there any possibility of it?"
Filson looked at it very seriously, almost word for word. What the boss took out is what he is best at.
Wall Street has always been the proudest of all. It's not how many investment banks they have, or how rich they are. The reason for being able to stabilize London is that there is more financial innovation on Wall Street.
If you're a financial novice, don't invest in their funds. This thing is different from the fund of the Celestial Empire, not only can it not guarantee the interest, but it may not even guarantee the principal.
Take that group of mobile operators, for example. These guys don't have much assets to pledge, and the bonds they issue are basically junk bonds. If you take these junk bonds and buy them directly, you won't be able to sell too much.
As a result, Wall Street fund managers package these bonds with a similar level of risk. Of course, they will also put some sound investments in this bond pool. For example, national debt.
Junk bonds are transformed into risky funds in no time. The guy who sells the fund will definitely tell you that although there is a certain risk, the interest rate is high, and usually, there will be no problems.
Of course, there are many more details in this. For example, guarantee agencies, such as short sellers. A very junk bond, under their various derivatives and packaging, there is a subject matter that far exceeds those junk bonds.
The so-called subprime mortgage crisis does not directly involve much money. Later, it was so much tossed, mainly because of these derivative products. Later, the mortgages couldn't bear it, and the insurance providers collapsed directly. The money involved in this is far more than the subprime loan.
These are only subprime loans, and the amount of normal housing loans involves more targets. If the property market crashes, my God, it's better to find a hole to hide.
What William White came up with today is the auto version of the financial derivatives scheme. If this thing can be implemented, he really doesn't have to worry about his car not selling.
Lao Mei buys cars with loans, and rarely has anything to pay off in one lump sum. The interest rates on these loans are not low. If William White's plan had been implemented, a cut in interest rates would have been almost inevitable.
In this game, banks reduce risk, car buyers reduce interest expenses, brokers have one more bond to sell, and insurance companies have one more income.
Tsk, the interests of none of the parties have been eroded. The most important point is that after the bank sells these loans, it can get the borrowed money back immediately.
If you come back and forth a few more times, my God, this is simply a business without capital.
"Boss, we can't do it, this requires the cooperation of the investment bank. Filson's face was very heavy, and he regretted it a little now, if he was an investment bank, it would be a very big deal.
"Of course, I feel that if Lehman and Bear Stearns join forces, it won't be very difficult. By the way, AIG should be able to take this insurance. ”
"I see, boss, I'll go into the details. Hehe, if this thing is introduced, Goldman Sachs and Da Mo will have a headache. ”
"Hehe, let these two bastards give me eye medicine. By the way, this matter is a little secretive, and when the group of turtles reacts and wants to catch up, it is definitely not so easy. ”
"Hehe, there is also a tacit understanding between investment banks. It would be a great shame to flock to it regardless of it. They wouldn't do that unless they had to. ”
Filson wanted to cry a little, why hadn't he figured out such a thing after so many years of crawling on Wall Street?
If you want to say how innovative it is, that's. This so-called auto finance plan is just a fried dish. Those who sell junk bonds will not be too unfamiliar with this thing.
Lehman, Bear Stearns, hehe, these two guys are really lucky. If you come here so many times, several major investment banks in the United States may need to rearrange their seats.
"Chairman, Motorola seems to have abandoned analog phones. We are not going to continue this research. ”
"Bastard, have you solved the problem that the mobile phone can't move?" Li Jianxi's liver trembled when he said these words. The meme that a four-star phone can't move is as ridiculous as a car with a stick that needs to be pushed to move.
Under William White's unremitting smearing, Smecta's products are about to be hacked. On the talk show, if there is no stick stalk, this talk show will obviously not be very successful.
"President, our technology has improved a lot. As we have seen, these problems are also present in mobile phones in Europe. As for how to solve the problem, they kept it a secret. ”
"Damn, I just want to ask, the foundry of foot basins and treasure islands, what kind of technology can they have. Why, why can they solve it? If not, we can also hand it over to them. ”
"President, the RF part of the technology, they have a non-disclosure agreement. Based on what we know, they set exclusivity clauses. Can we consider antitrust? ”
"Get out. ”
Li Jianxi completely broke out, anti-monopoly? Hehe, you dare to compete with US imperialism unreasonably?
Rest assured, they can easily shred Smecta's produce. Smecta's labor costs are too high, and it is not anyone's opponent at all.
The land resources of US imperialism are abundant, and there is no problem of barren land. Generally speaking, it is a year of planting and a year of rest. If you are a little more diligent, you may plant some pasture.
From planting to harvesting to final packaging to the market, the entire process is automated with mechanical equipment. Don't talk about stick countries, if there is a price war, no one can win them.
If four-star wants to counterattack, it must work product quality. Those off-the-board tricks are best not used on the US imperialists, especially William White.
Look at today's memory modules, isn't it just peaceful?
Besides, how can we use anti-monopoly on technical barriers in production. As a technical director, he is really stupid to read.
Li Jianxi found that it was necessary for him to learn the foot basin. There is also no shortage of competition between them and William White.
From semiconductors to automobiles, from comics to game consoles. William White was completely playing with a footbasin. Even so, there was no small cooperation between them. The memory technology that I have as a treasure is not the same as the foot basin is transferred. And that Tesla car, the footbasin man is the second largest shareholder.