Chapter 625: Cheap Skin
Thinking about the damn unions, Ramirez always had the feeling that she was haunted by demons whenever she wanted to run - GM had forgotten that "running fast" was actually his own delusion.
Facing Ramirez with a sad face, Chen Geng smiled slightly: "But now, these troubles are our troubles, right?"
That's right!
According to the lease agreement between GM and AMC, during the three-year lease period, AMC will be responsible for all expenses related to the maintenance of the plant, utilities, and workers' salaries and benefits. The benefits will be the same as when they worked for GM, and that's why the unions that are attached to GM agree to the lease agreement: while everyone knows that AMC and Fernandez Chen are not good things, when AMC makes such a promise, they have no reason to say no.
Ramirez's eyes lit up and he hurriedly asked, "What are you going to do?"
"Heaven must not be divulged. Chen Geng looked bad: I'm not your old man, why should I teach you to be smart?
……………………
As soon as she came out of the conference room, Kelly Hicks's assistant team immediately handed her a fax, and glanced at the content of the fax, Kelly Hicks suddenly looked happy: "Sir, news from Huaxia: The Huaxia government has officially approved that we can negotiate cooperation with Bingcheng Aircraft Factory and Rongcheng Aero Engine Factory, and they asked you that they hope to consult with you as soon as possible on some framework contents." ”
The speed of the reaction of the Chinese side surprised Chen Geng a little: this is not like the style of the Chinese government in this era.
Surprised to surprised, Chen Geng thought for a while, and instructed Kelly Hicks: "You can help me reply to them, and set the time in half a month...... Invite the relevant responsible persons of the Ministry of Aviation Industry, Bingcheng Aircraft Factory and Rongcheng Aero Engine Factory to come to the United States," after a pause, Chen Geng added: "We will pay for the charter flight." ”
How much does the charter boss cost?
Kelly Hicks was a little surprised, but in the next second, she realized what her boss was doing: to show her future partner what she was capable of — and what better way to convince them of their partner's strength than to invite them into their own industry to see for themselves?
She nodded hurriedly: "Okay." ”
"Also," Chen Geng then instructed, "Tell them again, and I'll send my plane over." ”
Kelly Hicks immediately understood that this is of course the boss's attention to partners, but isn't it another way to show strength? Look, our strength is so strong, with us, you can be regarded as choosing the right person.
Hurriedly wrote it down on a notepad.
"One more thing," Kelly Hicks continued, after recording the incident, "Mr. John Tostedt of Wells Fargo has invited you to a sea party that they have hosted at Wells Fargo for super VIP clients, and it is said that not only famous courtesans but also some supermodels will be present at this sea party......
Without waiting for Kelly Hicks to finish speaking, Chen Geng waved his hand: "Help me push, just say I don't have time." ”
Kelly Hicks had a "I knew it was like this" expression, and she was not surprised at all by her boss's refusal: is this the normal way to open it, Wells Fargo wants to use this way to get this business, but they have miscalculated.
In Kelly Hicks' view, his boss is good at everything, but he is simply scary in his personal life, not to mention a rich man like his boss, even those so-called rich people who are a few levels worse than his own boss, which one is not a night and night? But his own boss, among the rich people at his level, the boss is simply more self-disciplined than the Puritans.
This makes Kelly Hicks happy and helpless in her heart, happy that she has a leg with the boss after all, the more cautious the boss is in this regard, the higher her status in his heart, and the helplessness is that she understands very well that she and the boss are inseparable, at most, she can end up with the same ending as her predecessor: Miss Helen Mirren...... But even then, what is there to be dissatisfied with?
What does Wells Fargo want to get?
After comprehensive weighing and calculation, AMC Motors CEO Jack Welch submitted an ambitious production capacity increase plan to increase the production capacity of 1 million new cars in the next five years, in addition to the additional 1 million production capacity, two new engine plants and two transmission plants, the total cost of the entire project is up to 1.2 billion US dollars, and the final expenditure may reach 1.4 billion US dollars after adjusting for inflation.
As soon as this production increase plan came out, several major banks in the United States went crazy!
Since the end of the 70s, the world has fallen into an energy crisis, and the economy of the entire capitalist world, led by the United States, has fallen into a state of stagflation, accompanied by deadly inflation, and it is against this background that the sales of General Motors and Ford have fallen again and again, and the operation is so serious that it has to rent out some of its production capacity.
In the face of the declining economy, bankers are going crazy, in this case, AMC threw out this capacity growth plan immediately became a sweet spot in the eyes of major banks: if you can get this business in your hands, the financial statements look good is secondary, the focus is to greatly increase the stock price, boost the market's confidence in their own banks.
But what makes the banks crazy is that AMC and Chen Geng's own funds in their hands are more than 500 million, although there is still a big funding gap from the entire project, but you must know that the time span of the entire project is as long as five years, with Chen Geng's ability to make money, he can't make the rest of the money in five years?
Who would dare to say that Fernandez Chen earns less than 200 million yuan a year on average, and the bankers are the first to believe it: Just kidding! Not to mention anything else, just look at how much profit Fernandez Chen's ThinkCenter computer and computer hypermarket can bring him every year, not to mention his income in the used car business, auto repair chain, film and television business, and automobile business in the whole United States.
This also means that despite the huge investment in AMC's plan, as long as Fernandez Chen is willing, he can be completely self-sufficient without borrowing a penny from the bank.
Banks are cheap, the more money you have, the more they want to lend you money, because they don't have to worry about your ability to repay, which is no exception from ancient times to the present, and this time is the same, because there is no need to worry about the repayment ability of AMC and Chen Geng, the four major banks in the United States, led by Morgan Bank and Wells Fargo, have frequently come up with all kinds of tricks, just hoping to get this business - as long as they can get this business, what is a supermodel? What is a courtesan?
"Wait......" Just signaled Kelly Hicks to reject John Tostett's Chen Geng, and suddenly changed his mind: "What are the loan terms offered by Wells Fargo?"
Kelly Hicks was not surprised by her boss's reaction, and immediately said: "The five-year loan has an annual interest rate of 2.3%, and after the three-year term, you can apply for a three-year extension, and the annual interest rate will increase to 3.6%. In addition, you can be given an interest-free loan of up to $30 million per year for up to three months at a time.
In addition, over the next five years, Wells Fargo can provide up to $200 million in bank breakdown loans to your Union Credit Bank at an annual interest rate of 2% per annum. ”
"That's all?"
Chen Geng frowned, a little dissatisfied: Is buddy the one who cares about that little interest?
Belch...... Interest must be cared about, but in the case of the conditions offered by various banks, if you have nothing particularly attractive to me, why should Lao Tzu take a loan from you?
"No," Kelly Hicks nodded honestly, and then asked cautiously, "Boss, what do you ......mean?"
"Political resources," Chen said, "Wells Fargo has to provide me with some of their political resources in Congress." ”
For example, Wells Fargo, an old financial giant with a long history, has strong political resources, whether it is at the local level or in Congress, and even a considerable number of senators and representatives have come to power by their support, and those congressmen who have a good relationship with them are even more unknown.
Although Chen Geng is also very rich, when it comes to influence in the political arena, it is completely incomparable with an old fox like Wells Fargo who has worked hard for many years, and political influence is not something that you can get if you have money, money is just a premise, and in the case of this premise, you still need to be full of hard work - you Fernandez Chen can get the "favor" of a senator if you have money? No kidding, every member of Congress is an old fox who has come to the fore after years of political struggle, and if you rush to find it, people don't regard you as a political opponent to send you to make trouble, and there must be a suitable referrer to refer, this kind of thing, even the broker can't do it, the broker can only do a specific thing, or rather, just talk about the facts.
Kelly Hicks also understood this truth, although she felt a little embarrassed, but still nodded: "I'll try," probably because she felt that her answer was difficult to satisfy the boss, Kelly Hicks hurriedly added: "Wells Fargo is having a hard time now, I think there should be hope." ”
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