Chapter 258: Into the Set

America is a paradise for the rich and a hell for the poor. As for the so-called freedom, the benevolent see the benevolent, and the wise see the wise.

Prince's cigar is estimated to be a Cuban cigar, with a lot of flavor and a lot of smoke, and the reason why Lin Fan thinks this is because he only knows Cuban cigars. Well, it's embarrassing. Prince seems to be pointing out the king of the country, "Nowadays, everything in the financial world in the United States is in tatters, investment banks, venture funds, banks, insurance companies, like a domino effect, there is an old saying in China called breaking and then standing, I think now is a good time to enter." ”

Speaking of this, Prince waved his hand helplessly, "But unfortunately it is also this, companies with strong funds are now trapped or regulated by the government, a good opportunity has been wasted, and now it is effortless to develop on a large scale, as long as it carries through this period, it will definitely be able to soar in the future." ”

Lin Fan nodded, "I think this is exactly the path Mr. Prince should take." ”

Prince smiled, making it impossible to see what he really thought, "This is the helplessness of being a company leader, any decision I make must be approved by the board of directors, but how can I tell whether it is a knowledgeable expert or a layman monkey sitting on the board?"

Historically, Prince would have been kicked out of the board of directors in November this year due to poor management, and like O'Neill, the CEO of Merrill Lynch, he became a professional manager who paid for the economic crisis. And Prince's departure also caused the New York stock market to fall sharply again. Lin Fan quietly pandered, "Why is the truth so difficult to obtain? Because the truth is only in the hands of a few." ”

"Hahahaha. Prince laughed, "If I can work with Mr. Lin, it will be a pleasure." ”

"Aren't we working together now?"

Prince shook his head, and at the same time tentatively said, "Mr. Lin didn't think of entering the financial industry? In my opinion, although Marvel and AMC will be profitable, they are only fixed income, and they will never make profits faster than financial institutions, not to mention that the economy is in the hands of these institutional companies." Mastering these companies is mastering the rights of Mandarin, and Mr. Lin has sufficient funds, so it is a good opportunity to start at this time. ”

"With all due respect, Mr. Prince, the stakes are too great, and no one knows how long this crisis will last, and what if it is the same as the 1931 crisis?"

Prince was a little unable to refute it, in fact, making any decision now is a matter of gambling, entering the market is betting on the future, leaving the market is also betting on the future, but one positive and one negative.

But this result is a little unacceptable to Prince, he knows a lot of big company leaders, he has dealings with the big five investment banks on Wall Street, but now everyone is taking care of themselves, and he needs someone to help him now.

In fact, Mr. Lin's worries are normal, but as long as you look for a strong enough company, you will definitely have strong returns. ”

"What is a strong enterprise? There is an old saying in Huaxia: there is no thousand-year-old dynasty. Who would have thought that before the subprime mortgage crisis broke out, the two giant companies Freddie Mac and Fannie Mae, would have problems? Who would have thought that General Motors would not fall to the toppling of its peers, but that this crisis would need to be survived by closing factories? Who would have thought that the five major investment banks on Wall Street would be so vulnerable?"

Well, Prince chose to smile wryly, "It's really not a good idea to convince Lin of you." ”

A hint of confusion flashed on Lin Fan's face, "Mr. Prince, what do you mean by this?

"Has Mr. Lin ever thought about becoming a Citigroup?"

Lin Fan didn't expect Prince to be so direct, and of course this is indeed something he would be happy to see, because his big plan was to become the owner of Citigroup! Why did he leave the acquisition of the two companies to Citigroup? Why did he keep dangling in front of Prince? He just wanted Prince to be the first person he thought of after the accident!

In the previous life, Prince was looking for Abu Dhabi, which is an investment bank in Arab countries, a venture capital funded by a country's Ministry of Finance.

"Is Mr. Prince joking?"

"I've never cheated on my friends. ”

Lin Fan couldn't help but be silent, he was thinking about what kind of attitude he should use to treat Prince. Prince was a little worried, for fear that Lin Fan would not agree and immediately explained, "Even if Citi loses money, it is still one of the top ten banks in the world, and its strength should not be underestimated." And if you are willing to invest, with me, you will definitely get the largest stake at the least cost......."

"To be honest, I think Citi is a big quagmire for me right now. ”

Prince's face suddenly turned ugly, and for a moment he didn't even have the strength to move his lips.

"But if I pay a little less, I can still afford it. Mr. Prince, how many shares do you think I might get?"

"Up to five percent, you'd be the largest individual shareholder, and based on Citi's current market capitalization of nearly $150 billion, you'd have to pay around $7.5 billion. ”

A year later, with the US government injecting up to $45 billion, the US government will receive 36 percent of the shares and become the largest shareholder.

However, Citigroup's shares have also fallen distressingly, in 2006 it was as high as 270 billion US dollars, and now it has evaporated 100 billion, and after 2009, it has fallen all the way to tens of billions, and it was not until 2010 that it gradually recovered to more than 130 billion US dollars.

"If I were to be a member of the board of directors, I would be on the board of directors to fully support Mr. Prince, you know, I don't know anything about banking. ”

This is the answer Prince wants to hear the most, "Lin, I believe that our cooperation will save Citi, a century-old bank, and you and I will be engraved on the glory monument of history!"

"I expect and believe. ”

The two big hands were firmly clasped together, and both of them had smiles on their faces, but Lin Fan's thoughts had drifted into the distance, maybe he was going to start looking for a new helmsman for the future Citibank.

But before that, he had to make a phone call to Jack to plan ahead for the future, and of course to whitewash the huge wealth he had gained in this economic crisis.