Chapter 0191 The bearing of a financial predator
Twenty minutes later. Pen, fun, and www.biquge.info
In the conference room of Yuhuang Investment Group.
Seven minority shareholders gathered together.
Before Xin Yuyuan and Li Yue arrived, everyone was already discussing the group's divestment in some areas.
"Lao Wang, isn't the chairman making a fuss, after all, it's just a matter of the failure of the two-house investment in the United States, how can it be involved in the financial crisis! Besides, hasn't the US government already let the Federal Reserve take over the two-house house?" said a director to the people around him.
"Who's to say no! To withdraw from these OEM export enterprises will definitely affect the group's profit in the second quarter. If you withdraw your investment at this time, those companies will use this as an excuse to rely on the dividends of this quarter. ”
"That's right, in this way, our group's performance this quarter must have declined sharply, if this is a large loss of customers, who will be responsible!?"
"Well, you have a point, the subprime mortgage financial crisis may occur, but it is not inevitable, and even if it does, it is still unknown whether it will affect the whole world as the chairman said! I think the US government will not sit idly by and watch the financial crisis break out, since the Federal Reserve has taken over the management of the two houses, it means that the US government has already intervened in the subprime mortgage market, so it seems that the chairman of the board of directors has long been prepared for the so-called financial crisis in the US government. ”
"After the chairman came over for a while, everyone's opinions must be unified, and we must not withdraw at this time and do something to destroy the city wall!"
"Okay, that's it!"
"Yes, even if she is a major shareholder, she can't ignore the interests of our small shareholders, let alone ignore the interests of customers!"
"Okay, everyone's opinions must be unified!"
……
When Li Yue followed Xin Yuyuan into the large conference room, he had no idea that the seven small shareholders present had secretly reached an agreement.
"Ladies and gentlemen, this is the ninth shareholder of the company, Mr. Li Yue, who owns 5% of the group's equity!" Xin Yuyuan's first thing at the meeting was to introduce Li Yue to the board of directors, "Of course, his 5% stake was transferred by me, because he is my son!"
As soon as I saw Director Li, I felt that the young man was extraordinary, and it turned out to be the chairman's Lin'er!"
"Hehe, Director Li is not very old, but his bearing is extraordinary, and he really deserves to be the son of the chairman!"
……
All of a sudden, all kinds of gossip followed, as long as it didn't involve everyone's interests, these people didn't mind giving Xin Yuyuan more face-saving courtesy.
After the two sides got to know each other, the meeting got to the point.
"About Director Li, I think many people don't know about him, he is not only the director of our Jade Huang Group, but also the boss of the Fifth Dimension Venture Capital Company in the United States, of course, the Fifth Dimension Venture Capital Company was built by Director Li from scratch, and has nothing to do with me and Liang Dong. ”
If Xin Yuyuan wants to propose that Li Yue be promoted to vice president of the group and be responsible for the investment of all the group's working capital, he must come up with some convincing examples to convince everyone that these people will definitely not be convinced just by virtue of his son's identity.
Sure enough, as soon as the name of the fifth dimension venture capital company in the United States was put out, the faces of the seven minority shareholders immediately changed greatly.
Recently, in the field of financial venture capital in the world, the name of the fifth dimension venture capital company in the United States is known to everyone.
How did Freddie Mac collapse?
How was Fannie Mae implicated?
Why did the Fed take over the management of the two houses?
And so on and so forth......
All of this is related to this fifth-dimensional venture capital company.
In fact, everyone is speculating about the origin of the fifth-dimensional venture capital company, which blocked Freddie Mac in World War I, made hundreds of billions of Chinese coins, and destroyed Freddie Mac, and even made Fannie Mae suffer from the disaster of pond fish, as long as it is a financial speculator, who Nima is not convinced!
However, the chairman actually said that Li Yue is the boss of the fifth dimension venture capital company!
This Nima ......
It's incredible!
There is no one who does not believe the words of the chairman, after all, there is nothing to hide or spread rumors about this kind of thing. Everyone will not speculate that it was Freddie Mei who Xin Yuyuan made a move to block, because if Xin Yuyuan had this strength, the Yuhuang Group would not have shrunk in the circle of influence in China, and it would have long been famous in the world.
Therefore, with such a combination, everyone was in awe of the upright and smiling young man sitting in front of them.
Since ancient times, heroes have come out of teenagers!
The ancients did not deceive me!
This time, there was no compliment, because everyone was so shocked that they couldn't speak.
"Regarding the subprime mortgage financial crisis in the United States, it was Director Li Yue who put forward it. The harm that may be brought about by the latter is also deduced by Director Li Yue. I think, if you have any questions, maybe you can raise objections in person!" Xin Yuyuan waited for a while, allowing everyone to have a buffer and digest the shock caused by Li Yue's identity before saying.
This time, no one was silent.
Xin Yuyuan said that the subprime mortgage financial crisis in the United States may affect the Yuhuang Group, and everyone may be full of doubts because she has no convincing achievements in the field of international finance.
But when it comes to Li Yue, everyone thinks of Freddie Mac's blockade, so they have to be cautious. If what Li Yue said really happens, then there are indeed very big hidden dangers in the current investment strategy of Yuhuang Investment Group, and Xin Yuyuan's previous worries are not untargeted.
"Director Li, do you really think that the subprime mortgage financial crisis may spread to the whole world?" someone couldn't help but ask.
Li Yue nodded and said, "It's not a possibility, but a certainty!"
As soon as he said this, everyone's faces became serious.
"Although we hate to admit this, we must clearly understand that the United States is, after all, the world's largest economic entity, and the turmoil there will have a significant impact on the entire world economy. The subprime mortgage financial crisis was not caused by Freddie Mac and Fannie Mae, but was the inevitable result of the abnormal development of the U.S. real estate subprime mortgage market over the past decade. In fact, since last year, the subprime mortgage financial crisis has already sent out its signs.
On 13 February last year, the New Century Financial Corporation of the United States issued a profit warning for the fourth quarter of 2006.
On April 2, $17.4 billion in forced debt from Wall Street made New Century Financial, the second-largest subprime mortgage company in the United States, announce that it would file for bankruptcy protection and lay off 54% of its employees.
On August 2, the German Industrial Bank announced a profit warning, and later posted a loss of 8.2 billion euros, as its 12.7 billion euro Rhineland fund and the bank itself suffered huge losses due to its small participation in the US real estate subprime mortgage market. The Bundesbank convened the nation's interbank to discuss a basket plan to save the German Industrial Bank.
On 6 August, the U.S. Home Mortgage Investment Corporation, the 10th largest mortgage lender in the United States, formally filed for bankruptcy protection with the court, becoming the second large mortgage institution in the United States to file for bankruptcy after the New Century Financial Corporation.
On August 8, Bell + Stearns, the fifth-largest investment bank in the United States, announced the collapse of two of its funds, also due to the subprime mortgage crisis.
On August 9, BNP Paribas, France's largest bank, announced that it would freeze three of its funds, also suffering huge losses due to its investment in U.S. subprime mortgage bonds. The move sent European stock markets tumbling.
In March this year, Bell + Stern was acquired at an ultra-low price of $230 million, which was actually a precursor to the outbreak of the subprime mortgage financial crisis in the United States. In August, the two houses were taken over by the Federal Reserve, which actually means that the subprime mortgage financial crisis is about to break out.
Ladies and gentlemen, I think these figures fully prove my reasoning!"
Li Yue talked eloquently and threw out detailed examples to prove that the subprime mortgage financial crisis was inevitable.
"Director Li, but the U.S. government announced yesterday that it will allocate $700 billion to stabilize the subprime mortgage market!" Some people are still blindly optimistic about believing in the U.S. government.
"Hehe, what if I say that this plan of the US government will not be passed by Congress at all?!Or even if it does, it will not save the subprime mortgage financial market?" Li Yue sneered.
"Not really!?" the men hesitated.
Do you know how many expected bad debts there are in the U.S. subprime mortgage financial market?" Li Yue asked rhetorically.
The seven shook their heads, how could they possibly know about such a thing.
"I know that the Fifth Dimension Venture Capital Company has investigated in this regard, and the expected default bad debts in the U.S. subprime mortgage financial market are as high as more than 10 trillion US dollars, and only 700 billion US dollars want to save the entire market, I think the Bush administration really thinks too much!" Li Yue said disdainfully.
Wow......
The whole conference room was in an uproar!
This number greatly exceeded everyone's expectations, and at the same time, it also broke everyone's luck psychology.
Through his identity as the boss of the fifth-dimensional venture capital company, Li Yue used the brilliant achievements of blocking Freddie Mac, with detailed data and information that others did not know, to completely shatter the original plan of the seven minority shareholders.
What to do?
What about Yuhuang Group?
How can so much investment be recovered?
They panicked!
These people are not stupid, since they can become directors of a venture capital company, they naturally have certain financial professional qualities.
After thoroughly believing Li Yue's words in their hearts, these people immediately understood that the chairman's previous concerns were real. Once the financial crisis spreads to China, the Yuhuang Group, which is deeply involved in the OEM export industry, will suffer from it, which is an exaggeration, so bankruptcy is possible.
At this point, someone must be talking.
Didn't Xin Yuyuan also have a liquidity of up to $1 billion!
It has to be said here that these funds do not belong to the Jade Huang Group, at least not all of them belong to the Jade Huang Group, and most of them are actually the money invested by the customers of the Jade Huang Group.
If the performance of the Jade Huang Group is good and can bring the expected benefits to the customer, then the money can be used by the Jade Huang Group, and if the Jade Huang Group loses money, or the credibility is reduced, then the customer may terminate the investment agency agreement at any time, and the money does not belong to the Jade Huang Group.
"Chairman, you can arrange it! The board of directors resolutely supports all your decisions!"
"Yes, Chairman, fortunately, Director Li found out early, the group is already in a critical period of life and death, we firmly support you!"
"Support the chairman's decision!"
……
The seven-person shopping mall has worked hard for many years, and when they see the wind and rudder skills, practice makes perfect, and one by one they immediately expressed their stance that they would definitely support Xin Yuyuan's decision.
"Ahem! Okay, thank you!" Xin Yuyuan glanced at his son when he saw this, then stood up with relief, looked at everyone present, and said: "I have decided that Director Li Yue will be the vice president of the group, and he will be fully responsible for the investment matters in the future. We have to come up with a performance in the third quarter that will satisfy our customers and our directors. ”
Of all of you here at this time, there seems to be no better person to take on this responsibility.
Therefore, everyone looks at me, I look at you, and they all choose to support Xin Yuyuan's decision.
Seeing this, Li Yue stood up, bowed slightly to everyone, and said, "Thank you for your trust, we are in the same boat, and we will definitely be able to tide over the difficulties together!" )