Chapter 108: Roll the windows down

A loss of this magnitude is not a big fuss.

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Because he knew that he had money, whether it was these investment banks or the lending institutions of ordinary banks, they all gave Fan Liancheng a very high credit line, and the richer the person, the easier it was to borrow, and the same was true for enterprises.

Longcheng Group, which holds a lot of cash and real estate, still has a debt ratio far lower than its peers, and the credit departments of some banks have even approached Fan Liancheng to ask him to take a loan from the bank to acquire land or invest in construction.

Nowadays, the down payment ratio of the loan to buy a house is only 20%, and the loan can be disbursed in a short period of time as long as the credit is not problematic.

With the reshuffle of the management of Longcheng Group, including the four major banks, olive branches have been thrown out one after another, after all, it is a real estate company with considerable scale, and a project may meet the loan tasks of some branches throughout the year.

CCB even dared to boast that as long as Longcheng Group was willing to take the money, it would arrive within 10 billion yuan in three days, which was not a joke.

The large scale and high reputation of the enterprise means that the risk is also small.

Fan Liancheng has no way to call the shots in this kind of matter, and in the end it was pushed to the old man Geng's side, doing business, or a real estate business with huge capital needs, and it is definitely right to deal well with the bank.

Despite paper losses, risks in the U.S. financial markets continue to grow.

The surge in shorting of U.S. stocks in just a few trading days suggests that many people, like Fan, are also bearish on the broader market and the outlook for specific financial companies, especially those closely linked to the subprime loan market.

Bear Stearns recently announced the collapse of two of its funds that invest in subprime mortgage securitization products, with investors losing a total of more than $1.5 billion, and it is reported that Bear Stearns' co-president and co-chief operating officer Warren Spector is about to announce his resignation.

Fan Liancheng did make money from this company, and it was converted into more than 50 million yuan, but unfortunately a "subprime mortgage family bucket" included a total of five companies, and a total of three stock prices rose, resulting in heavy losses for Fan Liancheng.

After a brief panic in the U.S. financial market, there was an inexplicable market recovery.

This may be the illusion that investors are more confident after the panic is released, or it may be the illusion created by those financial institutions huddling together to keep warm.

Judging from the signs of some financial institutions' decisive withdrawal, Fan Liancheng is more inclined to the latter, and is hesitating whether he should continue to increase his short positions, feeling that whether it is true or false warmth should be clear in the short term.

As for the mainland, it also caused him to lose nearly 16 million yuan, and the selected leading sectors fell together, so that the profits earned from Bear Stearns were lost again.

What can I do, I make my own decisions, even if I knock out my teeth, I can only swallow them in my stomach.

He intends to wait and see for a while to see if the crisis in the subprime mortgage market can grow further, and the decline of Bear Stearns is enough to see that those markets do not have the means to survive the storm, as Wall Street has claimed.

The short price is not bad, and he has instructed William to close some of Bear Stearns shares and invest his money in other companies to try to make up for the loss.

Lao Fan heard about Fan Liancheng's generosity, and in comparison, spending money to buy a car has become a trivial matter.

After learning the specific idea from Fan Liancheng's mouth, he smacked his lips to express his amazement, most likely because he was frightened by the scale of his son's funds this time, and jokingly said, "What courage, real people don't show their faces", and then let him toss it himself.

I really didn't care.

The day of entering the game is approaching.

Lao Fan recently met with several people from the publishing house, and seemed to want to take advantage of his free time to hold back his autobiography in it, so as not to be bored.

Some publishers have already offered a minimum price of 2 million yuan, which means that as long as the autobiography has not been written and exclusively handed over to this publishing house for distribution, Lao Fan can get at least 2 million remuneration, and his fame and status are there, so it seems that the publishing house is more confident in the sales of his autobiography than Lao Fan himself.

Fan Liancheng was speechless about this, he also wanted to know what his old man would be able to hold back when the time came, and he would write about how he was broken in the first place, so as to ensure that the autobiography was on fire.

The father and son talked in private, and Lao Fan was not angry at all, but thought it was a good idea.

The guy who discounted one of his legs back then had already eaten iron melon seeds, and the willow tree on the grave should be five meters high, and this old adult incident had already been put down by Fan Nanhua.

When Fan Liancheng asked again, he only said that he would buy books to read by himself, and it was not a glorious thing, and it would be a shame to say it.

If there was no such thing, I would not be able to have today, and I sighed that I was quite proud when I made people, and I almost didn't come to the old-fashioned thirty years of Hedong, thirty years of Hexi......

โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”โ€”

The formalities for that car have been taken care of.

After receiving the notice from Gao Ming, the owner of the car dealership, Zhao Sturgeon was more active than Fan Liancheng, and directly drove his mother's Aston Martin to pick up people, and after taking Fan Liancheng, he made several calls one after another.

Listening to that tone, those who didn't know thought they were going to fight, and told everyone to find more people to play a big ticket.

As for how big it is, Fan Liancheng was kept in the dark.

On the way, Zhao Sturgeon asked him: "This car is in the name of your subsidiary, right, it means that the company and the company have traded that car, which can save a lot of money?"

"Not a subsidiary, a subsidiary of a subsidiary, a grandson company.

There is only one catering business, that is, my father's few restaurants renovated by the sales department, which can almost deduct millions from the parent company after a little operation, and sell it when he gets tired of it. โ€

Finding a comfortable position, Fan Liancheng lay on the passenger seat, aimed the air outlet at his face, the temperature outside was as high as 39 degrees Celsius, and he could only rely on air conditioning to survive.

On his day off, he wore a pair of big black pants and a gray short-sleeved shirt, knowing that he was going to drive later, and he deliberately brought a pair of sunglasses, and the bodyguards were all in the big G in the back.

In addition to working in the company, these people all took turns to follow, saying that it was very hard, considering the salary of almost 20,000 taels per month, and the extra red envelopes that would definitely be given during the New Year's holidays...... It's a good job that makes people blush.

Even the job of a taxi driver is very risky, and it is better to prevent it, at least they have not been used for a few weeks.

After listening to the nod, Zhao Sturgeon replied: "That's pretty good, my mother's car is also attached to my father's company, anyway, aren't you planning to buy a yacht, when will you get a private jet again?"

โ€œ...... If I don't spend money, you're not happy, right, how long has I only bought a car, and I'll talk about it when I make money by trading in stocks. โ€

"Don't, you have a high credit limit, isn't it good to take out a loan to buy a plane? and then lease it to the company, stipulating that only you can use it, and let the company pay for the expenses, and the company has to pay you rent, which is just used to repay the loan, I heard that rich people do this, and they save money after enjoying it." โ€

Zhao Sturgeon said that private jets are not surprising in the circle of London, and some ordinary planes are also called private jets, but they are rare goods in the mainland.

In the name of thinking about Fan Liancheng, he blatantly persuaded him to spend money, who let Zhao Sturgeon not have much money himself, once Fan Liancheng bought it, he could take the opportunity to enjoy it.

This kind of operation sounds incredible, but it actually works, it is equivalent to putting the company's money into his own pocket, Fan Liancheng has listened to the introduction of financial people.

In fact, all aspects of life expenses can be handed over to the company to pay for them, so many bosses do not receive wages at all, and they are not interested in the salary itself.

You can save taxes with the company's money, and you need to pay a large amount of personal tax to receive your salary, which has long been clearly calculated, and it is right to earn more, but the tax rate is generally lower than that of the ordinary middle class.

As a member of this circle, Fan Liancheng certainly felt very good, and replied lazily at the moment: "Besides, I don't feel like I need a yacht, it's very convenient to rent one, there are yacht clubs everywhere, and there are many companies that lease private jets, so let's talk about it when necessary." Longcheng should buy a yacht here, put it on the river, rent it to hotel customers, or use it for entertainment, which is relatively good. โ€

Zhao Sturgeon sighed deeply and said regretfully: "If I were as rich as you, those would have been arranged as soon as possible, no matter whether it was useful or not, I would buy it first, and then talk about it, as the leader of the young generation of rich people in our magic capital, can't we represent us and show our faces in front of the country's fathers and villagers?"

"Yo he, is it difficult for me to be economical, and it is my fault? Don't give me bad ideas, I am a serious businessman, it is better to keep a low profile, even if I want to buy it, I have to buy it in the name of the casino company, and it is cheaper." โ€

"It's okay to be high-profile, learn from your dad, do charity while spending money, and donate some to Longcheng Primary School. โ€

Zhao Sturgeon changed the topic and continued: "Forget it, at least you are much better than when you made coffee in London, and you are willing to spend money to buy Weilong, on behalf of the SSR Supercar Club, I thank you first, and then go to other cities to find friends to brag, so I have more to talk about." โ€

โ€œ......โ€

Charity is also within the advice of an accounting firm, Fan Liancheng really has an idea after hearing it, this kind of thing is also high-profile, there is no need to rush for the time being.

Arrived near the second-hand car dealership.

When I saw a supercar on the side of the road, I felt that something was wrong, and when I came to the door, I found that there were thirty or forty people, and when Fan Liancheng showed up, he threw firecrackers and exploded, and there was a banner hanging at the door of the store, which read, "Warmly celebrate XXX Hi Ti Bugatti Veyron!"

It's a bit of emotional intelligence, and the person who made the banner didn't write his name, otherwise it would be very dazzling in the eyes of others.

Fan Liancheng covered his face with his hands, he couldn't see it, he had a headache, and asked Zhao Sturgeon with squinted eyes: "Your generosity?"

"Don't buckle this pot on my head, what everyone means, I'm just running errands, the first Weilong in the country, must be celebrated, otherwise wouldn't it be bought for nothing?

......

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