Chapter 295: This game of chess is big
Leaving Los Angeles, the news about Lin Fan and Taylor is already flying.
Although there are no exaggerated words such as the world's best girlfriends, there are not a few people who praise Lin Fan and Taylor's friendship, and major newspapers tell in detail the details of Taylor's loss of the Grammy, Lin Fan flew thousands of miles to comfort him, and there are various photos of the two traveling together in Los Angeles as evidence, no one thinks that the two have an ambiguous relationship.
If someone thinks so, it will definitely be considered a bad brain. Let's not mention that the friendship between the two has been boiling up earlier, and now, if the female star has a boyfriend, will it be exposed? And this is still a Chinese person, so the friendship between the two is approved and even envied.
Lin Fan is very grateful that Huaxia is not connected to the world, otherwise this news flying all over the sky will definitely look good, to be honest, he is still a little weak-hearted, after all, he is a man.
New York, an international metropolis, is all too familiar to Lin Fan, he is an old friend here.
Morgan, the staff here are more familiar with Lin Fan, after all, there are not many people who can meet Dimon directly without making an appointment.
"I thought you'd continue to travel Los Angeles with your friends. These were the first words that Dimon spoke, and he raised the newspaper in his hand.
Lin Fan shrugged helplessly, "Newspapers are really a nuisance. ”
"But these things that expose other people's information can make us smell opportunities to make money. Dimon was confident when he said this, "Whatever is in the hands of a wise person can make a difference." ”
Lin Fan applauded in agreement and offered his respect.
Dimon didn't care, "Mr. Lin didn't come to me to listen to my nonsense, right?"
"I don't underestimate anyone, so I'll listen carefully to Mr. Damon's nonsense, but there's something new. ”
"Oh?"
"What do you think of the government?"
Dimon didn't expect Lin Fan to suddenly ask such a question, but this does not mean that Dimon can be stumped, you must know that holding the helm of Morgan is not something that can be done with economic acumen.
"The government plays the role of a regulator, he is like a sewer worker, unclogging the pipes and keeping the whole city open. But the government is much more noble than the sewer worker, he has greater power and aura, but still has to obey the rules. His rights come from the public, so the premise of all work is to protect the interests of the public, and if the interests of the public are harmed, the status of the mediator will be stripped away. ”
"Your government is in an awkward position. ”
"Yes, that's it. ”
"What if we're going to fight the government?"
"What?"
Lin Fan stood up suddenly, "If I am not mistaken, Morgan's move to take over the acquisition should be supported by the government, as you said, he wants to protect the public." So if Citi, which is more threatening than the big five investment banks, has a crisis, will the government intervene?"
"Of course, but that doesn't affect our plans. You'll still be the savior, and I'll take over Citi. ”
"What if we kick the government out of the way?" Lin Fan emphasized, "is to let the U.S. government completely out of the game, and I will save Citi alone." ”
Dimon smiled suddenly, "I don't know who gave you the courage, Lin, do you really think that 30 billion dollars or more can survive this crisis? Citi itself has problems, when Will handed over Citi to Prince, Citi is a company with huge assets but problems and lack of liquidity, but Prince, a fool, is still expanding wildly, and Citi in front of him is a big hole, and we need government policy protection. ”
"Mr. Dimon, I feel more and more that inviting you to be the CEO of Citi is the right thing to do. ”
Dimon frowned, "Mr. Lin, I'm not joking. In the current economic downturn, customers have lost confidence in the bank, and even if you throw in tens of billions, Citi is still losing money without business support. The only thing we can do is to let the government take part of the shares and bring in government support, and we get part of the benefits. ”
"Now that Citi is facing huge losses, Citi is looking for a real CEO, and I seem to hear calls from someone to invite you back. ”
"Citi's directors won't agree, we have a grudge. ”
"But since someone proposes it, it proves that some people are excited, so there is nothing impossible. ”
Dimon realized that there was something in Lin Fan's words, "What do you mean?"
"Anyway, the government just doesn't want Citi to fall, so why don't we help the government achieve its goals in another way, and don't make the government pay more, such as splitting Citi!"
At this moment, Dimon was dumbfounded, what Lin Fan said had exceeded his imagination.
What is Citi? Before the world's largest bank, the largest bank in the United States, this was the spirit of the Americans. Even though Citi is in trouble, no one has thought of splitting Citi, not only because Citi is a financial giant, but also because it is the pride of Americans!
But after listening to Lin Fan's proposal, Damon's mind spun quickly. If Citi is split, firstly, the government may allow a Chinese person to take a controlling stake, and secondly, Lin Fan's funds may bring Citi back to life. But the key is how to split Citi's existing business to maximize profits, but can Citi really be split?
"It was a crazy decision. ”
"Is there any chance that we will succeed?"
Dimon shook his head and nodded again, "I don't know, but this plan is very feasible, but if it gets out, it will definitely make a huge wave." ”
Lin Fan is very confident, if he is not mistaken, there were rumors that Citi was broken up during the financial crisis in his previous life, but it was suppressed. It wasn't until 2009 that Citigroup announced an internal split, and the banking and finance businesses were completely separated. With his impetus in this life, it may become a reality.
"I'm going to come up with an idea for doing it in the near future, and I hope Mr. Lin is best in New York in the near future. ”
"Well, I have one more suggestion, Mr. Dimon might as well go and talk to Robert Rubin. ”
"He?" Damon looked puzzled, the two should be rivals, but he suddenly remembered Robert's identity, a government official, and his attitude towards Citi was something worth pondering.
"Mr. Lin, I'm starting to admire you a little, you really have no last resort. ”
"No, I'm just a little bit more than you think, after all, I don't like to fail. ”
.......
On March 12, Schwartz delivered a speech on CNBC TV to calm investor sentiment, saying that the company is currently liquid and expects the company to be profitable in the first fiscal quarter.
But on March 14, Schwartz was slapped in the face, and the Fed decided to provide emergency funds to Bear Stearns through JPMorgan Chase & Co. to alleviate the company's liquidity crisis.
March 16th. JPMorgan Chase & Co. announced that it will acquire Bear Stearns for a total consideration of approximately $236 million.
The whole United States was in an uproar, but in Lin Fan's view, it was the arrival of a new storm.......