Chapter 323: You've Been on Vacation!

In view of the fact that the United States may be in a long-term economic downturn in the next ten years, and investing in the American financial industry is not the best choice at this time, after the outbreak of the subprime mortgage crisis, a number of South Korean consortiums tried to jointly acquire Citibank, and the whole negotiation process was very smooth, until the South Korean side obtained the list of Citibank's liabilities through special channels -- it flew back to South Korea overnight, which was frightened. Pen × fun × Pavilion www. biquge。 info

AIG is in a slightly better position than Citibank, as AIG's main insurance business and profit center are concentrated in the Asian market, but in the US market, AIG Group's situation is worse than Citibank's, because AIG Group is also involved in a major scandal of financial fraud.

If it weren't for the fact that the scale of the subprime mortgage crisis was already too large, and the U.S. Treasury was eager to clean up the mess and really continue to pursue it, the AIG Group might not have ended much better than Enron?

Even so, AIG Group was ruthlessly kicked out of the Dow Jones Industrial Index lineup, and is no longer a predator on Wall Street, and its status on Wall Street has plummeted.

Xu Teng decided to save AIG Group and held more than 1/3 of the shares of AIG Group for a long time, for no other reason...... The Xu family has so much international liquidity that it has almost nowhere to go.

Globally, it's hard to find more room for investment.

With the introduction of China's 4 trillion or 3 trillion stimulus policy, international capital will flow to the Chinese market, but for the Xu family, the scale of domestic investment is enough.

AIG Group is a good choice.

Because there is so much cash that it is difficult to explain it to others, Xu Teng and Mr. Xu decided to inject $23 billion to solve the problem of AIG Group, knowing that AIG Group is a god pit.

Doing business always requires allies.

After reaching an agreement with Morris Greenberg, Xu Teng invited the three main heirs of the Pritzker family to the Park Hyatt Manhattan in the evening, and negotiated a joint investment in the AIG Group's business in the hotel's rooftop restaurant jointly owned by the two families.

After analysing the shareholders of the AIG Group and selecting two lists that could be cooperated with and those that needed to be excluded, the two sides decided to invite Colony Capital to intervene at the suggestion of Thomas Pritzker.

Not all of America's top richest people belong to Wall Street.

There are many billionaires outside Wall Street, and Colony Capital, which controls First Republic Bank, is one of the fastest-rising American capital conglomerates in the past two decades.

A few days later, after inviting enough allies, Xu Teng met with Morris Greenberg again and handed the list of outings to the other party to operate.

The new coalition of injectors will provide $27 billion to AIG Group to solve all of the AIG Group's existing problems, including the diversion of false accounts, and Colony Capital will find a way to force the New York State Attorney General to suspend the investigation, and in return, the new coalition of injectors will commit to funding the other party's gubernatorial campaign.

However, the United States is the United States after all, and there is another set of operating rules.

Morris-Greenberg must make a "deal" with the attorney general to end the case and admit guilt at the cost of pleading guilty to some of the charges that do not require jail time, which is one of the rewards that the other side must receive.

Then, Morris Greenberg will not be able to continue as the chairman and CEO of AIG Group, but as long as Morris Greenberg agrees to make this "plea deal", Xu Teng and the new investor alliance will allow Morris to choose a new CEO and retain the original shareholder interest in AIG Group.

Throughout the second and third quarters of 2008, AIG Group's losses have reached a record $35 billion, and possibly even closer to $40 billion...... Exactly how much, only Morris Greenberg knows.

Xu Teng even estimated that in the end, he would have to continue to come up with $20 billion in order to quickly settle this mess.

The whole deal, whether it is the Pritzker family or the Colony Capital Company, actually does not come up with much cash, and the only ones who have the strength to contribute are the Xu family and the Huayin consortium.

They are still very important, because Xu Teng and the Xu family need them to deal with the problems of the AIG Group and jointly control the AIG Group.

As long as Morris Greenberg convinces the current AIG board of directors, Xu Teng agrees to leave a place for the old capitalist in the new coalition of investors.

Crises are often opportunities.

The whole thing went very smoothly because the Ministry of Finance and the Securities and Futures Commission could launch a larger investigation at any time, and by the end of November, the new alliance of investors signed a final deal contract with the former chairman of AIG.

The new chairman and CEO of the AIG Group is Morris Greenberg's Willens Wotander, and the entire AIG Group is jointly controlled by Watteng, Colony Capital, the Pritzker family and the Xu family's trust.

After completing this transaction, Xu Teng left the United States.

At this time, China has officially launched an economic stimulus policy of 4 trillion yuan, and the figure has not changed, but it is slightly better than Xu Teng's estimate, of which there are about 300 billion high-tech industry funds.

The newly established Huateng Electronics Group Co., Ltd. can roughly get about 40 billion policy loans and subsidies from it, which can be regarded as a good time.

Industrial funds have always been a bit unreliable in China, either taken away by state-owned enterprises, or taken away by various unheard of small companies.

Huateng Company can occupy 1/10 of the share, which is already very powerful, which is very, very related, and someone can get it.

Throughout 2008, Xu Teng spent almost half of his time in the United States.

Busy.

In the last two months, almost all the family moved to New York, except for Xia Li and her daughter, Mr. Xu's mother also lived in New York, until Xu Teng left, Mr. Xu continued to live in New York for a period of time.

The A330 special plane of Huateng Company flew over the vast Pacific Ocean.

Finally home.

Xu Teng didn't finally have a special sense of tiredness until the past few days, but he wouldn't easily let anyone realize that this is the pain of a capitalist, even if you work hard, you can't let the people around you think you're tired.

If you're tired, take a quiet break.

The subprime mortgage crisis is a special opportunity, if you miss this village, there will be no this store, Xu Teng will put too much time and energy in the United States, and Huateng Company still has a lot to deal with in China, and he has no time to ask and cannot deal with it thoroughly.

This time when he returned to China, it stands to reason that he should first deal with domestic business, but he was really a little tired, so he simply didn't inform others, so he returned to China silently, lived in Mahler's villa, and accompanied his family.

Time flies.

He is already a father of two daughters, and he will definitely have a third child, which is a very traditional concept for Chinese.

There is certainly no rush for the time being.

Xia Li is also reluctant to conceive a third child, and she has two very beautiful daughters, she is very satisfied and happy.

That's embarrassing.

No one can force her.

Xu Teng is still young, she is also young, for the time being, Xu Teng doesn't want to make a conflict about this kind of thing, so he agreed with her first, forgot about this matter for the time being, and returned to Huzhou, where the family of four lived a very quiet life.

This family is actually not more than a family of four, Hua Lingling is also a family, but it is more special.

There has been a little change in the home, but not much.

There are two more new little girls among the waitresses, young and beautiful, the kind that will leave after a few years, such as An Ruofei.

Xu Teng returned home and found that An Ruofei was gone, and no one told him where An Ruofei went, in short, Hua Lingling would arrange it properly and would not treat her badly.

Jin Xiaotao knew where An Ruofei went, so she must know.

Xu Teng didn't ask, but just gave Hua Lingling a check for 20 million RMB from the Yangtze River Bank and asked her to transfer it to An Ruofei, which was an additional gift in addition to the promise.

Hua Lingling will probably not leave, and Jin Xiaotao will not be for the time being, a big housekeeper, a small housekeeper, and she is very happy in the Xu family.

Back at Mahler Villa, Xu Teng is very quiet, reading books in the study every day, accompanying his family, most of the time, he is alone, quietly enjoying the tranquility of time, or walking in the garden with Xia Li.

He also knows that he is in a state of "tight time and heavy tasks", but he needs to take a vacation, and now he must admire the national leaders and officials at the provincial and municipal levels, who are working every day, who can stand it?

Anyway, he was finally a little tired, knowing that there were many internal affairs of the consortium, but he still had to hide lazily in the Mahler villa.

After all, Huayin Consortium is a joint partner system, and it is not a big deal for him to be lazy for a while, even if many partners know that he has returned to China one after another, and they heard Han Dai say that the boss is on vacation, so they don't come to bother him.

That night, Yang Fuyou came.

What can Yang Fuyou do?

Xu Teng couldn't understand that Yang Fuyou is in charge of the entertainment division of Tencent Group, basically in charge of online games and mobile games, it should be said that it is the most profitable pillar of Tencent Group at present, but there is nothing particularly important.

The past few years have been the most glorious stage of "World of Warcraft", and Blizzard is a subsidiary of Tencent Group, with this cash cow, Yang Fuyou has nothing to worry about in recent years, right?

This one is a close minister, a friend who has been working together so far, and he must be seen.

After meeting, Xu Teng found that Director Lu was also here, and he also brought a stack of materials, saying that there was a particularly important project.

Xu Teng told the truth, but he didn't understand.

Although Xu Teng, who is the president of a high-tech upstart and still holds the position of chairman of Tencent Group, really does not understand the inner meaning of "cyberspace mimic defense theory and method"?

"This ...... Director Lu, are you sure it's worth studying? Xu Teng was a little stunned, and only returned to Huzhou to rest for a week, and Director Lu of the Dragon Slaying Laboratory made a professional joke with him.

The budget is not much, 300 million, which is not too much money for the Huayin Consortium, with Director Lu's professional level and reputation, Xu Teng can approve it without reading the report - the key is that he read the report and does not understand it too much.

This is a little embarrassing, he is also the chairman of Tencent Group, and he has been playing with the Internet technology company for eight years, but he didn't understand it.

"To put it simply, this is to install some common viruses and attack templates inside the computer system, and after the external attack is initiated, use the computer virus and attack steps to fight each other and introduce the attack into other networks." Director Lu estimated that Xu Teng didn't read it thoroughly, after all, this report was written by him, and I'm embarrassed to say that only 7 people in the entire laboratory could read it completely.

This theory was put forward by an academician of the Institute of Computer Science, but there was no funding for scientific research, and it happened that Director Lu's Dragon Slaying Laboratory and the Computer Science Research Institute had several cooperation projects.

The 300 million fund was proposed by the other party, considering that the other party was an academician, Director Lu did not object, and it was roughly estimated that there would be a 20% surplus.

"If we can succeed in tackling this technology, it will be an unprecedented innovation in China's cyber defense posture. Because we are different from the United States, our computer system is full of backdoors and loopholes left by the Americans, and if we attack each other with the Americans, we will definitely suffer losses, and if this technology can be successfully verified in theory and begin to be used in practice, the trouble will be on the part of the Americans, who will attack us with the backdoor, and it will be our own loss. "Yang Fuyou is a master's degree in the Department of Computer Science of Jiang University of Technology, and he knows more than Xu Teng anyway.

"You're exaggerating, aren't you?" Xu Teng didn't believe it.

"This is really not an exaggeration, if this mimicry theory can be verified and formed, it is really our country's first major theoretical innovation in the field of network technology defense, which will completely change the situation that the cyber world is easy to attack and difficult to defend, put on a layer of protection for all systems, and deceive the other party to complete the attack." Director Lu's evaluation of this project is still very high.

"Well, this dynamic heterogeneous redundancy mechanism architecture...... What do you mean? Xu Teng mainly didn't understand the experimental plan proposed by Director Lu.

"It's roughly the equivalent of getting an extra system designed to deceive the adversary." Director Lu tried to be as simple as possible.

Xu Teng's understanding of network technology is still very deep, but this kind of in-depth comparison with a master's degree and a doctor's degree in computer science is too far away.

However, Xu Teng basically understood.

The cost of this technology is still quite high, it is mainly suitable for confidential institutions and large enterprise companies, for individuals, it is not of special value, is it necessary to buy a computer and use 25% of computing power and memory for security protection?

For businesses, that's what it's worthwhile.

For the government, for military units, scientific research institutions, it is even more worthwhile.

"Okay, then do it." Xu Teng nodded in agreement, then remembered something and asked Director Lu, "Isn't there an additional scientific research funding plan over there, why, it's not enough?" ”

"I definitely have enough money, but this project ...... We recommend it to the military, and the computer research institute must have no funds, so we will contribute half of it, and the other half will be from the military, or will it all be provided by us? "The reason why Director Lu came to Xu Teng is that the problem is here, if it is military scientific research, it will be more troublesome for the Dragon Slayer Laboratory and Tencent Group.

There are a lot of institutional issues involved, and it will be very troublesome to appoint military representatives and the like.

If the military does not send people to monitor the project, it will not be used in the later stage, and it is more likely to make a set of its own instead of using Tencent Group's products.

This matter is not a very tricky matter for the Xu family.

"Okay, I understand, I'll deal with it, you start the project preparation first." Xu Teng signaled Director Lu not to worry, he would take over and persuade the military side through other channels to change the way of cooperation, so as not to make the Tencent Group a little embarrassed.

After all, Xu Teng was on vacation, and he was going to continue to rest for half a month, and he didn't plan to leave the two old friends for dinner, so he was ready to send them away.

"Leader, there's one more thing." Yang Fuyou had something to say, and seeing that Xu Teng was about to get up to see off the guests, he hurriedly opened his mouth and first stated that he still had something to talk about.

"I said, where did you come from so many things, don't you know I'm on vacation?" Xu Teng is not annoying Yang Fuyou and Director Lu, he is afraid that the other co-directors and senior partners will know that he can handle things at home, and it is estimated that they will come over tomorrow, so what kind of vacation will they take?

"Leader, haven't you been on vacation?" Yang Fuyou was dizzy, "You are so delicious, drunk and fun in the United States, you have been on a few talk shows, I have watched them all, it is very moisturizing, very leisurely." I heard Han Dai say that you are not very busy in the United States, and you basically live in the Park Hyatt Hotel in Manhattan for half a year, take a lazy nap in the morning, reverse jet lag, pour half a year of jet lag, meet customers in the afternoon, and talk about business in the evening. You don't even count this as a vacation, so wouldn't the president of my business unit, who has no rest day all year long, hang himself? ”

"Yang Fuyou, you're here to rebel today, right?" Xu Teng was angry and angry, in fact, it stands to reason that he is in the United States and on vacation, nothing more than participating in various banquets and activities, meeting with those Wall Street tycoons, feasting each other, or accepting each other's banquets, and also going to Buffett's house, going to the Ford family's manor, going to the Bush family's farm, and having fun everywhere.

He felt tired, mainly because the living environment in the United States made him very tired, and the other was that he spent too much money and invested too much, and he was still a little anxious in his heart.

Of course, there are some things that old friends such as Yang Fuyou and Chen Jian dare to say, and other subordinates really dare not ridicule Xu Teng for being lazy.

"Leader, I'm really not here to rebel, it's really something, you have been in the United States for half a year, and the email information I sent to you adds up to not 50g, but also 40g, and you have only replied a dozen times in total, seven of which are for me to deal with by myself...... On the other side, it is said to be similar. I know that the business you do in the United States is very important, and it is a multi-billion dollar acquisition when you open your mouth, but you also have to take care of the affairs of Tencent Group. Yang Fuyou's meaning is very clear, and the soft and hard factions within the Tencent Group are fighting again.

This has basically not stopped since Tencent Group had a software division and a communications division.

Xu Teng knows that don't look at him if he doesn't go to the company, there are still hundreds of emails every day, and he has to go through it roughly, as for the Tencent Group, both sides are suing him.

In the past, it was the network faction that wanted to kick the hardware faction out, but now the hardware faction is its own.

The two sides are currently arguing over the built-in program of Tencent's smartphone, and Tencent Group's smartphone business has always been in charge of Tencent Communication Technology Company, which is the nest of the hardware faction.

Both the group headquarters and Tencent Communication Technology Company have a set of wireless program departments, and the city gate caught fire, causing innocent people, and even Yang Fuyou's mobile game business department was tragically implicated.

Tang Jun has been putting out the fire, trying all kinds of ways to coordinate, tinkering with it, tinkering with it, and generally maintaining the situation.

In short, this matter has existed for so many years, and it is urgent to say that it is urgent, and it is not urgent to say that it is not urgent.

Xu Teng really has too many things to manage now, the merger of Boan Group and Ascension Group, as well as the acquisition of Aston Martin, Land Rover, Jaguar by Huateng Automobile Company, as well as the acquisition of AMD, these are all urgent problems in Xu Teng's hands, and he will have to deal with them one by one after two weeks of rest.

As for Tencent Group, the QQ platform and the game business have a good momentum of development, the WeChat platform is also being promoted, and the technology accumulation of smart phones is the deepest in China, although the two models launched in 2008 are not hot sales, at least in China are not lower than Samsung and HTC, not as good as Apple.

As for the communication equipment business, it ranks third in China, roughly equivalent to one-third of Huawei's.

These results have made Xu Teng very satisfied, and he doesn't plan to waste his energy before the internal entanglements are completely troubled...... After all, this kind of historical contradiction that is so deep that the low-level employees on both sides, even if he personally comes forward to coordinate, the effect is not great.

"Tencent, what do you think?" Xu Teng can see that Yang Fuyou is ready to go to the next level.

"What I mean by this is to separate the smartphone and tablet divisions and separate them." Yang Fuyou is really ready to go to the next level, see the opportunity, since both sides can't compromise, simply split up and let him be the leader.

"It's also doable." Xu Teng roughly understood what Yang Fuyou meant, and spun off the smartphone business from the communication technology company, and then separated the program business part of the group headquarters into the mobile phone company to become a professional mobile phone company, "The key is only one question, who will take care of this mobile phone company?" ”

"I, the contradiction between the hardware faction and the network faction is too deep, since the merger of our Tiantian Company and Tencent Group, the two sides have not stopped, I don't rely on either side, I just started to be in charge of the business department of Tiantian Company, and now I am in charge of the game division, and I don't belong to Tang Jun and Cao Guowei's gang. I'm the only one who fits. Yang Fuyou solemnly emphasized, obviously it is inevitable.

"You can give it a try, but if the results are not satisfactory, you will not be able to become the president of the game division." Xu Teng is still reluctant to make this arrangement, because Yang Fuyou is actually very suitable for jumping into the mobile phone industry in the game division, which is really easy to lose.

If Yang Fuyou is transferred to a mobile phone company as president, in case something happens to the game division, the performance declines, and the mobile phone company does not do well, it will be troublesome.

Xu Teng put the smart phone business in the communication technology company, a very important reason is to focus on technology research and development, really hand over to Yang Fuyou, a master of marketing planning, if you don't do it, the nature of the enterprise will change, you may be able to profit for a while, and most of the time you will suffer in the long run.

Where is this going from here?

"Leader, time waits for no one, I'm forty years old, Tang Jun's position, so many people are staring, and I don't have as many eyes as theirs. I don't want to be a co-partner, but I can manage a large independent company, do some meaningful work every day, have no regrets in life, I want to fight, and I have done all kinds of preparations, and I am very well prepared. Yang Fuyou realized from the beginning of the year that this was an opportunity for him, and he had been preparing, because he had calculated that sooner or later Xu Teng would have to dismantle the mobile phone business and become independent, and the contradictions between the two sides were deep, and the most suitable person was Luo Hongyan in addition to him.

Luo Hongyan's location is very good, and he is in charge of Huateng New Energy Company, so he can't make this troubled water.

Therefore, he is the only one who can make both sides stable.

In addition, the sales of Tencent mobile phones are not bad, but they are not good, Yang Fuyou does feel that there is still a lot of marketing space, which is also where he can show his talents and ambitions.

The last question, after all, the game industry is dominated by young people, Yang Fuyou feels that there is a big difference between his preferences and the mainstream trend of the market, which itself is also an ever-changing industry, and it is too difficult to prosper for a long time.

Therefore, Yang Fuyou has always had the idea of accepting it when he sees it, so as not to do a bad job in the future and be killed by Xu Teng with tears.

People are very realistic, especially Yang Fuyou, who finally got into a position, and every step below must be carefully considered, and he dare not make mistakes. (To be continued.) )