All parties expressed satisfaction with this outcome.

Fengxing Group has taken the desired controlling stake in Amazon.

Although Bezos was depressed, he was relieved that he had finally maintained the company's management power.

Institutional investors and minority shareholders who sold Amazon shares made more than 50% of the gains through this transaction. During the financial crisis, they could still have such benefits, which made them have a good impression of Lin Feng.

Although the follow-up popularity also needs to supervise Amazon's corporate operations at the board level to prevent Bezos from making decisions that harm the interests of major shareholders, in the overall situation, Fengxing has undoubtedly achieved its previous strategic goals.

On January 20, 2009, Lin Feng and Ye Weiyu came to Washington to attend the presidential inauguration ceremony of Ao Guanhai.

Their position is in the front seating area, and there are only a few seats in the seating area, and there are more standing tickets......

Different from the tickets in the hands of congressmen, the invitation letter sent by the new president held by Lin Feng and his wife is naturally more noble.

At 12 noon, in front of nearly 4 million people, Ao Guanhai was officially sworn in as the 44th president of the United States and delivered an inaugural speech on the open-air platform on the west side of the U.S. Capitol.

Subsequently, Lin Feng and his wife also attended the official inaugural ball held in the evening and enjoyed a star-studded performance.

From this day on, the United States entered the era of Okukanhai, and the eight years that belonged to him began......

………………

Lin Feng continues to stay in the United States, and his bottom-buying plan is not over yet!

Although the purchase price of Amazon was higher than expected, the total budget was reduced by nearly half because it only acquired 51% of the shares.

Of the $10 billion in funds prepared by Windbank, $2.2 billion was spent on Skype, $3 billion was spent on Amazon ($1.2 billion in syndicated loans), and $1 billion was spent on buying back shares of Windly. Now there is nearly $4 billion left on the books.

After Lin Feng repurchased $500 million of Fengxing shares himself, he still had nearly $2.5 billion in hand.

At a glance, the U.S. stock market is bleak, and this is a great opportunity to buy the bottom!

It is not realistic to imagine a large-scale acquisition like Amazon, and two large-scale acquisitions in succession are now in vogue, and on the cusp of the storm, we must be a little low-key, so as not to cause a backlash from the United States.

In that case, should I contribute to the United States?

Aren't banks and financial institutions the worst part of the financial crisis?

I responded to the call of the U.S. government, and it is always okay to enter the market to support it, right?

Lin Feng touched his chin and thought happily.

He doesn't play finance, but that doesn't mean he doesn't need to lay out in the financial field......

The United States is a country controlled by conglomerates and financial capital behind the scenes, and Wall Street's influence on the U.S. economy and politics is huge.

At the same time, this layout is not only conducive to the future capital exchange and financing of Fengxing Group and Coolwind overseas, but also expands the influence of Linfeng itself.

What better chance is there than buying a bank in a financial crisis?

And the target Lin Feng has long been selected - Citigroup!

…………

Citigroup is the world's largest financial services group with the largest assets, the largest profits, the highest global chain and the most complete business categories. It was formed in 1998 by the merger of Citigroup and Travelers Group, and was relisted at the same time.

Under the Citi Red Umbrella trademark, a number of brands are also gathered, including Citibank, Traveler, Milbank, CitiFinancial (formerly Business Credit) and Primerica. The integration of these enduring brands enables the Group to offer a full range of banking services, from personal banking to corporate and investment banking, insurance, securities brokerage, private banking and asset management.

Citigroup's history in China dates back to May 1902 and it was the first U.S. bank to open in China.

By 2006, Citibank was one of the top foreign banks in China, offering the widest range of financial products to its clients. Citibank has set up corporate and investment banking branches in Beijing, Shanghai, Guangzhou, Shenzhen and Tianjin, personal banking outlets in Shanghai and Beijing, representative offices in Xiamen and Rongcheng, and its China headquarters in Shanghai.

Such a financial institution, which was once the world's largest financial institution by market capitalization, has now suffered heavy losses under the financial crisis!

Citibank's data is the most telling: in the third quarter of 2007, the company's net profit fell by 60% year-on-year, the fourth quarter of 2007 lost 9.8 billion US dollars, in 2008 the loss of 37.5 billion US dollars, in September 2008 ~ March 2009, Citibank's stock price fell sharply, from 20 US dollars / share to 0.97 US dollars / share, a sharp drop of 95% in half a year. At its peak in 2006, Citi's stock price reached $55.7 per share, with a total market capitalization of $277.2 billion.

Now, if you take the stock price of $1.02 on March 5, the market capitalization is only $6.2 billion!

It's down 98 percent......

Citigroup was also one of the hardest hit banks during the financial crisis, receiving $45 billion from the U.S. Treasury, the largest in the banking industry.

However, Lin Feng knew that Citi would soon come out of the quagmire, and after receiving financial assistance, Citi achieved a profit of 19 billion US dollars in January ~ February after deducting the write-down factor this year!

Subsequently, through restructuring, reengineering, slimming and other measures, Citi was able to come back to life in just two years, paying off the U.S. government's support funds, and the U.S. government also received more than $13.2 billion in benefits......

In less than a decade, Citi's market capitalization is back to $200 billion!

This is no less than Amazon's bottom-buying income, how could Lin Feng let it go.

Moreover, the purchase of Citigroup at this time also happened to respond to the appointment of Aoguan Haihai, and came forward to call on investors to buy stocks.

Lin Feng took this opportunity to sell Ao Guanhai a good deal and support his new policy.

He can also brush up on the grid and make Wall Street grateful to him.

In the end, I should make a lot of money!

Is there such a good thing?

Give me as much as you want!

Beginning in February 2009, Lin Feng began to acquire Citigroup's shares in the secondary market through his own private company, and on February 27, he bought 100 million new preferred shares of Citigroup at a price of US$1.4 per share.

On March 5, Lin Feng bought 320 million shares from the secondary market at an average price of $1 at one time!

As of March 6, Lin Feng spent a total of about $1 billion to buy 850 million shares of Citigroup!

The shareholding ratio reached 15.59%.

At this time, Lin Feng has become the nominal largest shareholder of Citigroup......

The original largest shareholder of Citi was Prince Assoud of Saudi Arabia, known as the "Buffett of the Middle East".

In 1990, Saudi Prince Al Assoud invested $800 million to buy Citibank shares in the retrograde market, holding 4.4% of Citibank's shares, making him the largest individual shareholder. After that, Citibank came out of the woods and its stock price soared. Prince's stake in Citibank peaked at $12.2 billion in 2006.

However, after the subprime mortgage crisis, Citibank's stock price collapsed, and the glass of wine was diluted into boiled water in an instant, and by March 2009, Prince's investment had shrunk to $200 million.

Of course, Lin Feng, the so-called "largest shareholder", is only temporary.

Soon, the U.S. government will convert $25 billion of the federal emergency loan into Citi's common tradable shares, so it will hold a 36% stake in Citi and become the real largest shareholder.

By then, Citi's total share capital will expand from 5.4 billion shares to 28.4 billion shares......

Lin Feng's 1 billion shares account for only 3.5%.

Even so, in the future, this investment will be able to achieve a return of more than 7 times, from $1 billion to more than $7 billion.

Most importantly, with this investment, Lin Feng will be eligible to join the Citigroup Board of Directors as one of the 16 directors!

This one is amazing!

Citigroup's board of directors is composed of Alcoa, Do Chemical, Xerox and Time Warner Inc. AT& Telegraph amp; amp; amp; amp; T Inc.) , oil company Chevron Corp. and an all-star cast of executives from the Rockefeller Foundation, the Ford Foundation, and others......

And then there will be directors from the U.S. Treasury Department and the financial industry.

These network resources are also very important resources for Lin Feng to promote the globalization of Fengxing and Kufeng's business in the future.

…………

Lin Feng took a stake in Citigroup, and this incident suddenly gained favorability in the United States!

Unlike the previous acquisitions of Skype and Amazon, there are all kinds of noise from all walks of life in the United States.

Lin Feng became a shareholder of Citigroup and received a lot of applause from the official, to the media, and to Wall Street!

Ao Guanhai even specifically raised Lin Feng in some speeches, and admired him, believing that he had set a good example and brought confidence to the market.

Warren Buffett, the "god of stocks" who has been calling for buying stocks under the market retrograde, also praised the media: "Richard Lin has made a very smart investment. ”

The domestic media even blew up......

"Lin Feng bought Citibank and became the largest shareholder!"

"The richest man Lin Feng bought Citi stocks in the financial crisis!"

"From Internet giants to media tycoons to financial predators, where is Lin Feng's boundary?"

"From the acquisition of Skype, Amazon, and Citibank, Linfeng's overseas acquisitions have intensified!"

There was even more uproar on the Internet:

"Kneel down for the god of wind! Citibank has bought it!"

"It feels like a fantasy, how come Skype, Amazon, and Citibank are all our Chinese in a blink of an eye?"

"Mr. Lin is mighty! He is worthy of being the first male god in China's business world!"

"Upstairs, not only in the business world, it should be the first male god in China!"

"Upstairs +1"

"Upstairs +10086!" ......

…………

The board of directors of Qualcomm, who had always been a little hesitant to trade with Coolwind, was also stunned by Lin Feng's series of big moves!

If this trend continues, Lin Feng's strength and influence will increase day by day.

Proper another "Jobs"!

Perhaps it would be a good idea to work more closely with him......

On March 10, 2009, Qualcomm announced that it would issue 100 million new shares to Xmobile at a price of US$22 per share to replace 8% of Xmobile's shares. Upon completion of the transaction, Xmobile will hold a 6% stake in Qualcomm and Qualcomm will hold an 8% stake in Xmobile, with cross-shareholding and a strategic partnership.