Chapter 564: Storming Bear Stearns' Headquarters (1)
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Chapter 564: Storming Bear Stearns' Headquarters (1)
Li Zhiyang is also a little worried about becoming famous now, it is really that the greater the ability, the greater the responsibility
Now that there is a mistake on Wall Street, everyone naturally thinks of those big families who usually eat on Wall Street...
Even a guy like him, who has always been relatively low-key, has not forgotten that he usually makes a lot of benefits on Wall Street, and now people naturally think of him, when you eat meat, when you are thundering, what are you doing, you have to come out and show your face, right?
In fact, Li Zhiyang also knew that if he hadn't been wearing the halo of the son-in-law of the Rockefeller family, I am afraid that the immigration bureau of the National Security Agency of the United States, and even the comrades of the United States' most powerful combat unit, the Internal Revenue Service, would have invited him to drink coffee a long time ago.
The consistent character of Americans is that you can make money with me, but you had better spend your money with me, after all, fertilizer and water do not flow to outsiders
If you don't buy it, then not only will the yamen of the Celestial Empire play hooligans, but the same will be true of the yamen of the United States.
But it was different with the protection of the Rockefeller family, after all, officials large and small in the United States, especially those who have the heart to become mayors, governors, or the presidents of the United States, are very sensible.
That is, as for the people from the big family, they can't be offended, and not only can't be offended, but it's best to have a relationship with others, and the closer the tie, the better.
That's why Li Zhiyang was able to make a big deal in the United States and Britain, but some relevant departments in those countries could only stare at him, after all, the people of the Rockefeller family were not easy to offend
Even if some Xiao Luo doesn't know how to lift, he wants to take Li Zhiyang away to assist in the investigation, I'm afraid that on the other side, his boss will receive a phone call soon, and then be sprayed with blood, and then apologize and release people in embarrassment.
Therefore, Li Zhiyang's current status is undoubtedly equivalent to those privileged classes in foreign countries.
But since you enjoy the privileges and benefits of others, then now that they are in trouble, you have to be funny.
So this time Bear Stearns had something to do, so James called Li Zhiyang and asked him to come over, but Li Zhiyang knew that he would definitely not lose himself if he came this time
As soon as Li Zhiyang came out of the JFK airport, he was picked up by a car sent by James, and this time he was taken directly to a country club in New Jersey, not far from New York.
During this time, Li Zhiyang's mother-in-law was very beautiful, and every once in a while she held a drinking party and salon in his castle, inviting all American celebrities.
The big castle of 200 million US dollars is not very common in the world, and his mother-in-law has been quite bright recently.
But James can't stand this kind of night singing, after all, he is a businessman, so he must have a time to be quiet and think.
So he moved to this country club in New Jersey, which is also a rich club, but this time because it has just passed the New Year, and the economic environment in the United States is continuing to deteriorate, so there are not many people, it seems very quiet, but it is in James's heart.
James has a holiday villa here, and after Li Zhiyang came, he was sent directly to this villa.
When he entered the villa, James was waiting for him in the study, Li Zhiyang said hello to the familiar housekeeper, and then was taken directly into the study.
As soon as James saw that it was his dear son-in-law who had arrived, he hurriedly put down the work in his hand, got up and came over and gave Li Zhiyang a big bear hug, and then punched Li Zhiyang in the back and asked with a smile.
"Dear Yang, how are you doing?"
"Haha, it's not bad, what about you?"
Li Zhiyang replied with a smile, he did feel a little proud of the spring breeze in his recent days, if it weren't for James calling him to the United States, he would be soaking in his engine factory every day, studying engines every day
Recently, he found that he was a bit obsessed with machinery
"Hehe, I'm very good. ”
James's mood also seems to be very good, Li Zhiyang saw this, and knew that this time, it seemed that James was not a bad thing to come to himself.
"By the way, James, what is the matter with you calling me this time?"
Although on the way here, Li Zhiyang roughly guessed that James called himself this time must be related to the collapse of Bear Stearns, but he has not told himself what James plans to do
"Hehe, that's right... ”
James was not verbose, and began to explain to Li Zhiyang.
It turns out that the current situation of Bear Stearns is basically clear, and this guy, one of the five major investment banks on Wall Street, is now facing the situation of the end of his life.
Some time ago, after a game with Merrill Lynch, the two investment banks were seriously injured, and at this time, Bear Stearns had no ability to resist and could only be at the mercy of others.
But as mentioned earlier, Bear Stearns, although it is the smallest of the five major investment banks on Wall Street, cannot just declare bankruptcy and collapse.
But if he is really made to make a detonator to detonate the ammunition depot, then the consequences will not be borne by the other dozen or so Jianghu sects.
So at the Jianghu conference held not long ago, everyone unanimously launched the powerful Morgan, and came out with Rockefeller to stand up to the thunder.
In fact, it has a certain relationship with these two themselves, and the reason for choosing the Rockefeller family is very simple, that is, ExxonMobil made too much money last year, and everyone lost money along the way
So I'm sorry, now it's time to share the hardships, so if you have a thick body, then you should do a little more strength
And the reason for choosing Morgan is just as simple, first, now Americans, especially Anglo-Saxons, have a habit of forcing these Jews to open their money bags when there is a big economic problem, and who makes these guys rich
Second, in fact, it is also because these Jews are too black-hearted, and he is greedy, you must know that these damn Jews usually make a lot of money in the United States, so there are a few people who are not angry, especially Jews in this country, which are also considered minorities, so you have to contribute to the integration of the nation
In last year's 'Flowers That Never Fade', Morgan's appearance was too ugly, and the benefits were all taken up by these Jews, a single case worth 9 billion and a market value of tens of billions.
Actually let these Jews swallow it easily, get out of the castle fund, and drink some soup, and the other big institutions didn't eat a single corner, which made the other big institutions, how can they not be annoyed?
So now it's time again that someone needs to stand up and top the tank, so the Morgans can't help it, so you better come out
Don't say that the rest of us don't talk about morality, who made your heart too cruel and your mouth too big
So now the Morgan and Rockefeller families can only be reluctantly pushed to the forefront, and when things get to this point, these two can only pinch their noses and admit it.
So the two discussed it, and finally decided that JPMorgan Chase, which had the majority of the shares, would come forward and clean up the mess at Bear Stearns.
But JPMorgan Chase, who was brought to attend the wedding, was still very unhappy, after all, there were shares of other shareholders in it
According to the current situation, the first billion of the subordinated real estate debt held by Bear Stearns must be paid out of their own pockets.
And according to the current situation, the financial products of this real estate subordinated debt can only fall lower and lower in the market, and there is basically no hope for it to rise back.
In the back, there will be other big gangs in the rivers and lakes, discussing with Morgan and Rockefeller, and everyone will come together to pay the bill.
But the one billion in front of it is not a small amount, plus the more than two hundred million dollars spent on buying Bear Stearns, this time it is more than a billion dollars thrown in.
You must know that in this world, but in the era when cash is king, no one has so much money
Therefore, the shareholders of JPMorgan Chase, large and small, discussed and discussed, and discussed such a result, that is, Bear Stearns was completely split.
As much as you can cash out, you can cash out as much as you want, everyone quickly settled this part of the account, this mess is really not suitable for continuing to be pure.
So someone came up with the idea of splitting up the auction, but now the harsh winter brought about by the financial turmoil has just begun, and large investment banks or investment institutions around the world have to tighten their belts to live at this time.
They all have to be put into their pockets in cash, in case the situation continues to deteriorate later, and come out for emergency use
Who would have the heart to come to you for such an auction with a lot of cash?
So after this proposal was put forward, it was approved by everyone, but when it was implemented, it ran into trouble, and now everyone has a lot of trouble for themselves.
There is no need to consider the capital power of the United States at all, and if they have this ability, they will not refuse Morgan and Rockefeller to come out and take over.
And the capital of Europe and Japan is no better off now, and people don't have time to take care of themselves? How can they have time to wipe your ass for the Americans?
So Morgan and the Rockefeller family sat together and thought about it for a long time, and they also thought of James's son-in-law of the Celestial Empire, the new billionaire
That kid, some time ago, made a lot of money on the London stock market, you must know that his transactions, if it weren't for the fact that he couldn't see the light and couldn't break the news to ordinary people.
I am afraid that at this time, he has long been named the new generation of stock gods, and his large-scale transactions can be ranked first among the 100 most successful transactions on Wall Street, and even more than the total value of the top 10 transactions combined
That kid is now a big creditor of many big investment banks in the world, so if you ask him to help out at this time, it should be okay, right?
So the two families tentatively put forward this opinion to James, and James happened to be working hard for the idea that Li Zhiyang proposed some time ago to build a bank to come out and have fun
At this time, Morgan and his eldest brother Allen actually asked him to contribute to this matter, of course he had his own ideas, so he immediately called Li Zhiyang over.
"And what do you think?"
After James roughly explained the reason for coming to Li Zhiyang, Li Zhiyang asked James out loud.
"Hehe, my idea is that we can do something appropriately, but we don't have to pay for them all. ”
James's smile was very cunning, Li Zhiyang knew at a glance that it seemed that this old fox must have a target to start.
Think about it, then Bear Stearns is also a big investment bank that was once worth more than $30 billion, how can it be that the whole body is in tatters?
So Bear Stearns must have had quite a good thing, but now it's just covered up by the tattered of his subordinated debts.
"Haha, well, James, tell me, what property do you like in Bear Stearns?"
Since James said that, then he must have a plan on his side, Li Zhiyang simply asked him directly at this time, you must know that James is also a unprofitable person in the business world.
"Hehe, Zhiyang, do you know that Bear Stearns originally started as a securities trader, but the thing is that they also started to run a commercial bank project later, didn't you think about setting up a bank to play with Weifu some time ago?"
James said with a smile like Li Zhiyang.
"Oh, do you want to take over all of Bear Stearns' commercial banking?"
Li Zhiyang asked James out loud, after all, Bear Stearns is also one of the famous signboards on Wall Street with a history of 85 years, if it takes over its commercial bank, I don't know if it can be continued?
After all, Li Zhiyang is not a professional capital player, and he doesn't know much about running a bank, so now he feels that he really has to listen to his old man's opinion.
Of course not, you must know that not long ago, Bear Stearns' comptoir was withdrawn from 17 billion US dollars in two days, which means that people no longer have confidence in the Bear Stearns brand. In Wall Street, all kinds of investment banks or investment institutions mainly rely on the confidence of the onlookers, if everyone does not trust him, then he is nothing. So now Bear Stearns' part of the firm, in my opinion, is just as big a piece of garbage as his own family. What are we going to do with the part of his comptoir?"
James shook his head, like Li Zhiyang explained, but his explanation confused Li Zhiyang, then you don't want to buy Bear Stearns' firm, and you still ask me to talk about what kind of plan to build your own bank?
James also saw the question in Li Zhiyang's eyes, so he continued to explain to Li Zhiyang with a smile.
"Bear Stearns' firm, although we don't want it, but I think Bear Stearns' headquarters building is quite good, if you want to know where to invest, it is absolutely cost-effective now"
James blinked like Li Zhiyang, and then said very slyly.
Good relationship Weifu Li Zhiyang also understood at this time, it turned out that James was playing the idea of the headquarters building, you must know that the real estate market in the United States, because of the outbreak of the subprime mortgage crisis, the whole has fallen into a state of collapse.
Fannie Mae and Freddie Mac, two large real estate investment institutions, are on the verge of bankruptcy and, according to their original trajectory, will not be long before they are nationalized by the U.S. government.
In the past few years, because of the popularity of subordinated bond products in the financial market, coupled with the stupid * countries like the Celestial Empire, they continue to lend money to Americans to be chic.
The real estate market in the United States is booming, and all parts of the country have become big construction sites, and many places are constantly building new homes.
Those rookies who have just come out to work for a year or two can borrow money from the bank to buy a house without a down payment, but now this time the grade bond product has been exploded
The U.S. real estate market is a state of mourning, full of people who can't afford to pay their loans and are being driven to sleep on the streets.
And those banks that originally lent out, the institutions are holding a lot of houses to sell and cash out at this time, but in this environment, how many people can afford to buy houses?
So now the real estate market in the United States can be said to be almost rotten to the end, but for a person like Li Zhiyang with a lot of money, it is also a pretty good time to come in and buy the bottom
"The headquarters building of Bear Stearns, in the heart of Manhattan, just off Madison Avenue, is a 45-story new building, the appearance is octagonal, quite grand and beautiful, but it was once the 88th tall building of the world god. If we take it down, whether it is to open a commercial bank or do leasing in the future, it will definitely be worth the place. ”
James began to act as a real estate agent, introducing Li Zhiyang to Bear Stearns' headquarters building
After listening to this, Li Zhiyang nodded, it is indeed a pretty good location, you must know where is the center of Manhattan, the most expensive place in the United States, if you put aside the idea of the world, you want to buy such a building here, it is almost sky-high, and it may not be able to buy it
"James, do you think it's a good idea for us to buy where to buy and open a bank at this time?"
Li Zhiyang asked aloud, what are you kidding, where to buy it, and then rent it out, isn't that sick? Why do you have so much money? Why bother saving it in other banks?
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