New York, Teterboro Airport.

Ryker Phipps brought a couple of young men from the Phipps family to pick him up.

The youngest member of the Phipps family, in his early twenties, calls Uncle Kyle.

Lake knew that Mo Fan was an important partner of the family, but he didn't know how deep the cooperation was. Even for the projects of the marine exploration company, Mo Fan had never seen Lake in some important conference rooms.

"Hello Mr. Mo Fan. ”

"Hello. Mo Fan was not used to hugging unfamiliar people, stretched out his hand, and shook him: "You already know my intention?"

"Father has explained, please. ”

Hop on a Lincoln Extension and head straight to the headquarters of Phipps Bank.

Philip has stepped down as chairman of the bank, including the position of chief executive, and has also handed it over.

Now, the chairman of the bank is Lake, and the executive president is McCree.

Arriving at the conference room, Lake took out a document and handed it to Mo Fan's accompanying lawyer: "I have re-evaluated your assets. You are the largest private shareholder of our bank with 527.1 million shares (plus bonus shares). Today, the share price of Phipps Bank is $8.76, worth $4.617 billion, which is partially mortgaged considering the world economy in five years...... We can only lend you 2 billion with an annual interest of 9.25. ”

"Ryke!" Kyle frowned, "Is it too much?" ”

"Yesterday, the Dow Jones Industrial Average fell 65 points, and so far today...... The Dow Jones fell from 14,458 to 14,000 in an instant...... After the bank announced its financial income for this year, the highest price of $13.1 per share fell to $8.76. Needless to say, you should know what this means. Lake didn't give Kyle face and said, "Now, I'm the chairman of the bank." The loan amount and loan quantity are calculated. ”

Mo Fan lit a cigarette, it was really ...... Once a son of heaven and a courtier, even if it is the Phipps family, the patriarch of Philip is not the one who has the final say. And Phipps Bank, which is an investment bank, can be said to be a family bank, but it is not their family that can say the word. But unlike JP Morgan, the management of the bank is all handed over.

"The interest is too high, sorry. Mo Fan said, the interest rate of 9.25 is almost equivalent to usury. But as mentioned earlier, now is a special time for global finance, and now that there is money, you can buy the bottom after the stock market crash...... Betting on whether the global economy will recover in five years.

2 billion, 9.25 interest, and more than 3 billion to repay after five years.

Lake got up and sent Mo Fan away, to be honest, he was not willing to borrow such a huge amount of money now.

Kyle squinted, exasperated.

Mo Fan shrugged his shoulders, actually, it didn't matter. Going out of the bank, Mo Fan looked at the accompanying lawyer: "Help me contact the chairman of the board of directors of the Infinite Fund, Mr. John Conte." ”

The lawyer was found by Kane and found by Simpson Johnson in the United States. He is not only a lawyer, but also a financial advisor.

"Mo, you're not going to sell the bank?" Kane's scalp tingled. The full name of Infinity Fund is John Conte Fund Management Company, which mainly does metal futures, and only had contact with it a few days ago.

"They'll give me a good price. ”

John Conte Fund Management is not only engaged in metal futures, but also investments. It is a very well-known fund management company in the United States, and they invest in a wide range of businesses, including banks.

Mo Fan looked at Kyle, "Got an opinion?"

Opinion?

When it first invested in the Great Northwest Gold Mining Company, Phipps Bank could be said to have made a desperate bet. In the past two years, the bank's stock price has risen, and the family has sold a lot of shares to cash out, and the entire Phipps family's stake in the bank has dropped to about 25 percent.

And Mo Fan's shares have always maintained the original number, that is, about 18.5 percent.

Among them, John Conte Fund Management Company is also the majority shareholder of Phipps Bank, with 3 seats. It is important to know that John Conte Fund Management is not involved in the management of the company. A shareholder (shareholder) of a U.S. listed company with 5% of the shares can recommend a natural person to the board of directors......

If Mo Fan sells his stake in Phipps Bank, the Phipps family may even be kicked out of Phipps Investment Bank entirely.

"Can you wait? I'll call my father. ”

"Your father's stake in the bank is less than 10 percent. ”

"I know. Kyle quickly dialed Philip's phone, and after some negotiations, Mo Fan returned to the bank.

Lake was depressed, and when he saw Mo Fan coming back, he hurriedly poured tea: "Sorry, there was an error in the previous loan evaluation on our side......"

Kyle looked at Lake with a gloomy face, smiled, and closed the door, "Big brother, my father asked me to tell you a word." ”

"Phipps Bank is our family's bank, our friends and allies' bank, not the board of directors, our investors' bank, my father said. Father wants you to remember this sentence, Phipps Bank is just a springboard, and the interests of the family take precedence over bank interest. Kyle snorted as he spoke, next to Mo Fan.

Mo Fan's expression was wonderful, and the corners of his mouth chuckled: "Quite a philosophical sentence, not bad." ”

"Thanks for the compliment. Kyle smiled and bowed to Mo Fan.

"We are an investment bank, and we don't actually do loan projects......"

"Don't mess around. No bank will refuse a loan of good assets, and if you pledge your shares in our bank, any bank will lend money. Remember, our bank is our ATM, put away your serious set. ”

Lake had a headache: "My father raised $5 billion from the bank a few days ago, and we still have to prepare for the next financial crisis." ”

"How much can you come up with?" Mo Fan said.

"7 billion, the most. "Lake is a little scalp numb, and with the 7 billion taken out, they can only borrow money from other banks to deal with the next crisis. They simply made full preparations in advance, planning to take advantage of the financial crisis to make a windfall. Now, how to explain to shareholders.

Successively transferred out a large amount of money, it was like playing four two with two kings, and a good deck of cards was instantly broken.

Kyle pursed his lips and smiled, he suddenly felt that it was too good for his father to hand over the position of chairman of the bank to Lake, and if he came to be the chairman, he should jump to his feet at this time.

All of Mo Fan's mortgage assets are about 8.5 billion, and 1 billion of them were borrowed from banks before. If you evaluate it carefully, no one is willing to spend $4 billion to take over Mo Fan's property in Tahiti.

However, at least it looks very good on the books and there is nothing wrong with it.

$7 billion, with an annual interest rate of 7.5, this money is the reserve that Phipps Bank has prepared in advance to deal with the financial crisis......

The loan money was not calculated by Lake, and the final result was clearly determined by the board of directors, but the next day, the bank's stock price fell from a stable $8.76 to $7.11, and the downward trend will continue.

After leaving the United States, the financial crisis broke out completely, the American stock market was green, and the newspapers wrote that some people had jumped off the building for stock speculation.

Mo Fan used to live in a remote area, and he had also seen the financial crisis, the stock market crash, etc., because of the bankruptcy of the people who jumped off the building, I have seen a lot of news, but he is in New York, the world's financial center...... The financial crisis has just begun, and there is a clear feeling of depression on the streets, and everyone is worried.

7 billion, plus the previous 3.256 billion, Mo Fan has 10.2 billion US dollars, and then counting the original funds in the account has 11 billion. However, Mo Fan ordered a large number of metals and industrial materials, and the cost here would be around 2.5 billion. But when I return to China, I can continue to borrow and finance......