379 Contacting 'Old Friends'

In the afternoon, La Lule appeared in Li Feng's suite at the Ritz Hotel. Li Feng once again signed a transfer agreement with him for a 40% stake in Lehua Winery, as well as a cooperation agreement between the winery and the wine group, and from next year, Li Feng's wine group will have a four-tier quota for Lehua Winery every year.

This Empress of Burkendi was resolute, and after they came, she didn't do anything except sign a contract with Li Feng, and turned around and left without any stop.

Li Feng also stayed for a while, but unfortunately, people still insisted that they wanted to go back to the countryside of Romani Village, well, the small village in the countryside still seems to be very attractive.

After bidding farewell to everyone and being free, he took over the business card in Wang Siqing's hand, and Li Feng dialed it directly.

I thought about the rest of the shareholders of Spring Department Store, and I saw the name of Crédit Lyonnais, which I had come into contact with, and last year MGM was the asset in the hands of Crédit Lyonnais, and I finally took over, which can be regarded as dealing with others.

Last time, it was the chief manager of the presidential palace who pulled the line, and therefore, the first thing Li Feng thought of was the secretary general of the presidential office who had contact with the general manager of the presidential office - Dominique Del Vipan.

"Hi... Hello, Dominic, I'm St. John Lee of the Century Group!"

"Wow... , I didn't expect it to be a call from you, a rich man, and I have to congratulate you, it is said that you just came to France, but you have included the Italian Gucci Group, and you really deserve to be the son of wealth. ”

"Hehe, it's just luck, no, just after I was done, I thought of your old friend, do you have time, I'll have a treat, come out for a drink, how about it?"

"OK, that's my pleasure, I know you're at the Ritz, right, I think the famous Hemingway Bar at the Ritz is a great place to drink. ”

"Hehe... , then I'm waiting for you!"

"Bye-bye!"

“…”

……

Hanging up the phone, Li Feng couldn't help but feel a feeling in his heart, the facts once again proved that his identity is indeed different now, no, the secretary general of the presidential palace has only had a contact because of the MGM issue before, and he took the initiative to come to the door after a phone call.

Similarly, Li Zekai, the little superman who saw Li Feng calling, also gave Li Feng a thumbs up and expressed his admiration. After all, a figure like the secretary general of the presidential office is considered a big man in a country, and as a result, Li Feng asked the family to come in person with a phone call.

Naturally, in fact, this is still the Eastern thinking at work, in the Western society, such as Li Feng, a rich man, but also has a top military enterprise like Heishui, now Li Feng's influence is actually very large, coupled with the world's top wealth, it is actually affordable for people to come to the door in person. Even if he is treated as a head of state, it is more than enough for Li Feng's current achievements, and it is not a big deal.

At this time, on the second floor of the famous Elysee Palace, in an office in the president's office and living area, Dominique Delvipan, the president's butler, had just hung up the phone at this time, and couldn't help but ponder in his heart.

He didn't believe that Li Feng, the super-rich man of the American imperialists, would call him for no reason, so he immediately picked up the phone on the table and dialed it, but he practiced the intelligence department of the presidential palace and began to understand the specific itinerary and related affairs after Li Feng came to Paris.

Soon, a detailed report of Li Feng's next series of actions from the beginning of his arrival in France arrived in Dominic's hands, picked up the report in his hand, looked at it a little, and the chief butler of the presidential palace walked towards the presidential office not far away.

……

"Mr. President, I just received an invitation here, and maybe you will be interested. Dominique Del Vipin smiled and said to French President Jacques Chirac, who was looking up at him.

"Hi... , Dominic, do you have any good news for me. ”

"You see, there is a Hermes in Paris today. ”

"Oh... Tell me about it. As he spoke, he took the document from Dominique Del Vipan's hand.

"St. John Lee, the son of the fast, unbelievably rising fortune of the American imperialists, has recently made another storm on the European side, taking over the Italian Gucci Group as soon as he arrives in Paris, and having previously gone to the village of Romani.

According to our understanding, it seems to be connected with the god of wine in Burgundy-Henri Jayle, and it is estimated that it is related to Jayle's winery, after all, among luxury goods, top wines are also top luxuries, and LVMH Group is not doing this.

I had a contact with him before, that is, last year's MGM, he took over MGM from Crédit Lyonnais, you weren't worried about the Crédit Lyon bank before, maybe you can talk to an overseas consortium, this son of wealth also has his own bank. ”

"Perhaps, by the way, you asked him to meet tonight?"

"Yes, he's staying at the Ritz, and if there's nothing going on, I'll go have a drink with someone later. ”

"Wow... Since he has just returned from Burgundy, I don't think he will be stingy with a bottle of wine bar, I'll go with you after work, I'll also go to meet this legend of wealth in the new era, I've heard of this person for a long time, such a good young man, I'm very interested. ”

"You're sure, OK, I'll arrange it. ”

“…”

……

Li Feng didn't know at this time that his phone call blew up the French president, and he expressed his curiosity about him and wanted to meet him in person.

At the same time, Li Feng looked at the information he had collected about Crédit Lyonnais, after all, the situation of Paris Springs still needed to be in contact with others, coupled with the previous situation of MGM, it could be regarded as Crédit Lyonnais, knowing that people were now in a trough and on the verge of bankruptcy, so they naturally wanted to know something.

As for the information in his hand, at this time, Li Feng couldn't help but congratulate himself on his wisdom, and now the time has come for the strategic intelligence department to play its role, and some information that has been made public will soon be transmitted to Li Feng, and even some hidden information will also be transmitted together.

Looking at the situation of the Crédit Lyon Bank in his hand, Li Feng couldn't help but be speechless for a while, and such a sentence surged in his heart, if you don't die, you won't die, yes, in Li Feng's opinion, this bank is definitely its own death.

Crédit Lyon was originally one of the largest commercial banks in France, and after the nationalization of the banks in France, Crédit Lyonnais eventually became a 100% government-controlled state-owned bank.

Then in the 80s, I don't know if the government or the management at that time had a hot head, and wanted to make it the face of the Bank of France, so it blindly expanded, and finally by 93 years, Credit Bank alone from the book point of view, it did become the first in Europe at that time, the ninth in the world, with total assets of more than 300 billion US dollars.

Unfortunately, the good times did not last long, and the blind expansion led to a large increase in bad debts, non-performing assets, and high-risk assets, and the rapid expansion led to management chaos and serious losses every year.

From 92 to 94, in less than 3 years, a total loss of 20 billion euros, coupled with more than 10 billion US dollars of bad debts, non-performing assets, and nearly 30 billion US dollars of high-risk assets, the bank was on the verge of bankruptcy.

……

So far, the French government has bailed out the banks twice, the first time in '94, first by directly injecting billions of francs, and then transferring nearly $10 billion of the bank's bad debts to a new company, stripping off the bad debts and removing the baggage, thinking that it could bring back Crédit Lyonnais.

Unfortunately, the bank still faces huge losses every year, and in addition to bad debts, banks also have nearly 10 billion US dollars in non-performing assets and tens of billions of US dollars in high-risk assets, which are the consequences of the previous busy expansion.

Eventually, in '95, a second bailout had to be made.

At that time, the French government once again divested nearly $30 billion of the bank's high-risk assets, and naturally, the bank had to pay for these tens of billions of dollars, and the result was that in the next 20 years, 60% of the bank's annual pre-tax profits would be handed over to the state treasury.

In addition to divesting non-performing assets, the French government eventually decided to privatize Crédit Lyonnais and sell its retail banking business outside Europe.

Yes, initially the banks were nationalized, but this time it was back to square one, and the banks were privatized again. As for the retail business of Crédit Lyonnais outside Europe, it was naturally swallowed up by the rest of the financial conglomerates.

......

It can be said that these two government bailouts of Crédit Lyon shook the European and even global financial circles, what did Crédit Lyonnais say at that time. At least nominally, it is also the largest superbank consortium in Europe and the ninth in the world, and such a consortium is suddenly on the verge of bankruptcy, and its influence can be imagined.