Chapter 478: The Game of Money (1st Update)

There is a joke in Hollywood that says: Since the big hits of "Spider-Man" and "Iron Man", what type of movie is the easiest to make money, the lawnmowers on Beverly Hill can tell you - go and adapt a comic book hero movie.

There is a joke in Hollywood that says: Since the big hits of "Spider-Man" and "Iron Man", what type of movie is the easiest to make money, the lawnmowers on Beverly Hill can tell you - go and adapt a comic book hero movie.

Modern industry has oppressed people from the vast expanse of land to the industrial assembly line, and urban civilization requires everyone to become a vassal of the machine, just like the workers in "Modern Times" or "Metropolis".

People can no longer flout unreasonable legal rules like martial arts and cowboys, and can no longer experience the mysterious power of primitive myths and legends.

And superheroes, who are free from the law, have given modern people a new spiritual sustenance.

After 911, Americans who were badly wounded needed the comfort of heroes, and in 2002, Marvel's (later officially renamed Marvel in the land of rabbits) won the North American box office that year, and even the second film in history to break $400 million at the North American box office.

The meeting in Andy's office didn't last long, and while everyone was surprised by who the boss was buying, most of the people in the room were Americans, and they all had strange feelings about DC and Amazement, the two largest comic book companies.

Of course, People's DC has Warner's escort, and as for Marvel Comics, which has been committed to death, everyone has also watched it go from glory to decline, then to listing, bankruptcy protection and reorganization, and now relying on mortgage rights to survive the full recovery.

It is not so easy to acquire a company with a long history, intangled internal forces, many mergers and even bankruptcy restructurings, and the most important thing is that in recent years, Isaac Polmut, the CEO of Marvel Comics, and several important shareholders have more feelings and expectations for Marvel, unlike the jackals of Wall Street.

This is a big deal, Andy certainly won't be stupid to use his own money to buy this entertainment group, especially not able to manipulate the stock price through the stock market for controlling acquisitions, and for some debt problems, it also needs a powerful bank as a backing, of course, banks are not stupid, in addition to the high commissions involved in the acquisition, and the debt control of the acquisition company is very profitable.

In the current atmosphere of panic and confusion on Wall Street, every bank involved in the subprime mortgage problem is frightened, and Bank of America, as the largest commercial bank in the United States in terms of assets, will naturally have a lot of commercial investment.

The subprime mortgage bonds have long been packed and whitewashed into various investment portfolios by the group of cattle on Wall Street again and again, not to mention these commercial banks in the United States, all other banks that are optimistic about the U.S. economy and have bought U.S. bonds, and even the central bank can't escape the trap, which is the main reason why the subprime mortgage crisis in the United States will quickly sweep the global financial market.

To be honest, it is completely impossible to avoid these large commercial banks by manipulating the market, and they are also in a hurry to throw the pot out, and there has never been a shortage of arrogant speculators in the world, such as Lehman Brothers, which is the biggest unjust person in the market to buy this kind of toxic bonds, which is why the US government will not save it, and no one can pull it by killing itself.

Today is undoubtedly a sunny and lucky day for the people of Bank of America, who also know that Andy Smith, a good customer of their bank, has just struck a deal with Morgan Stanley, but they didn't expect happiness to come so quickly.

Bank of America did in Andy before to win over the investment to make a lot of Nima back, what low-interest loans, what personal credit loans green channel, now it seems that everything is too Nima worthy.

Andy's old acquaintance, Lewis, the Bank of America representative who has always been in charge of contacting him, well, is now the manager of the credit department of the headquarters, and he can be regarded as a big man on Wall Street.

In the conference room, the people at Bank of America gasped and looked at Andy Smith sitting opposite, this young man who had borrowed $700 million from their bank before, turned 700 million into 4 billion in just a few months, crazy, this is simply better than robbing their bank... Ahh

"Boom... Lewis's expression remained in disbelief, he felt that his mouth was dry, picked up the mineral water on the table and took a sip, calmed down, looked at Andy who was smiling calmly and said: "Mr. Smith, are you sure that all the $4 billion is paper gold? At the current price of $648 per ounce, you can buy about 174 tons of gold... ”

"Wow, that's a lot!" Andy was also slightly surprised by Lewis's mental arithmetic talent, turned his head sideways and smiled at the group members around him, and continued to smile at Lewis: "I don't have a big and safe warehouse like federal savings, although the golden gold is very charming, but I don't need to mention the real gold, I will use the gold savings to borrow from your bank, no problem, right?"

"Of course! We have been a solid partner and the cooperation has been very pleasant and no problem at all, because it is gold as collateral that we can give you an excess loan if you need it. ”

Lewis is already a little star in his eyes, Nima, the commission alone is enough for them to be happy for a while, besides, the risk of gold reserve mortgage is almost no risk for their bank, and there is no problem with excess loans, and the bank is originally doing 10 billion gold reserves in their hands, so they dare to borrow 100 billion to buy and sell.

"In terms of interest rates, please rest assured that our bank will give you the lowest interest rate on your loan... ”

Andy nodded with satisfaction, another bank with a bundled interests and a solid foundation for cooperation as a partner is one of the most important factors in making the business bigger and stronger.

Of course, cash flow in hand must be guaranteed. Modern enterprises want to grow up quickly, undoubtedly crazy expansion is the most commonly used means, in the world's major emerging enterprises spread such a sentence, enterprises can lose money, but must have enough cash in hand!

The consequence of the frenzied expansion of many companies is that once they encounter obstacles, there will be a danger of cash flow interruption, and then all kinds of troubles will be highlighted, so that the original star enterprises that stir up the storm will become a scam company that everyone shouts about overnight. (For example, who went to the United States to build a car, who is happy, what TV)

With Lang's concubine intended, the loan agreement was quickly completed, and a total of $5 billion was borrowed from Bank of America through $4 billion in paper gold and $700 million in Morgan Stanley's preferred stock purchased by Bank of America as collateral.