In July 2009, the Global Financial Stability Board, a subsidiary of the G20, announced 37 TBTF global financial firms. Pen Fun Pavilion wWw. ｂiquge。 ｉｎfo

In short, the G20's Global Financial Stability Board will conduct a quarterly financial assessment of the 37 financial giants, and if risks arise, the G20 will quickly intervene to avert a new global financial crisis.

The Huayin Consortium owns two of them, PNG, AIG - China PN Financial Group and American International Group.

AIG, American International Group, is one of the world's seven major international asset management companies.

The name is very deceptive, in fact, the domination of AIG Group's controlling parent company, "AIG International Holdings", has been relocated to the Cayman Islands in the late 90s.

In October 2008, when the Huayin consortium officially took control of AIG Group, it was still an asset management group that urgently needed to be taken over by the U.S. Treasury Department and needed at least $40 billion in bailouts, but by May 2010, it had completely reversed the situation, and its performance data was extremely beautiful, surpassing Goldman Sachs and Morgan in one fell swoop, becoming the Wall Street giant second only to Bank of America Group in terms of market value among the world's seven major international asset management companies.

The secret is not complicated.

When AIG's fifth chairman, Verence Wotander, took office in July 2008, he first transferred $230 billion of AIG's total non-performing assets and liabilities to FCAT, which is effectively another shell company under AIG's parent company.

It is entirely possible that the deal could be stopped by the U.S. Treasury Department for jeopardizing investors' property rights protection agreements, or it could be banned by the court because of investors' complaints, but in the last month before George W. Bush left office, the White House urgently signed an executive order allowing AIG Group, Bank of America, and Citigroup to take similar measures to protect themselves.

That's the power of Wall Street!

After Willens Wotander divested AIG Group's non-performing assets and debts, it took only four months to completely reorganize more than 40 insurance companies, asset management companies and financial companies under AIG Group into seven wholly-owned subsidiaries and three holding subsidiaries.

The shareholding structure of these more than 40 companies is generally very complex, even in the situation of AIG Group falling into the global financial crisis, even with the support of the giant capital injection of up to 47 billion US dollars from the Huayin consortium, it is really not a simple matter to complete all the restructuring work in just four months.

Restructuring requires layoffs.

It's not easy for U.S. companies to want to lay off workers.

Therefore, in times of crisis, people's potential is infinite, forced to a desperate situation, dogs are more fierce than wolves, cats are more crazy than tigers, not only Verence-Wotande, but also the streamlined middle and senior management of the entire AIG Group, which really exerted the spirit of "bold restructuring and brave layoffs" instructed by Xu Teng.

There's no way, either they get out, or the people below get out, and they can only let the people below get out.

The advantage of a family business is this, there is only one boss, and the instructions given by the boss must be carried out in place, otherwise it will go.

The first three steps of the AIG Group's internal reform were the first three steps in the internal reform of the AIG Group, which was carried out first to divest non-performing assets, followed by a comprehensive restructuring, followed by a large number of layoffs, and finally the slimming and flattening of the entire AIG Group.

At this point, the structure of AIG Group has become extremely simple, and the parent company has only more than 2,000 employees left, controlling seven wholly-owned subsidiaries of AIG Global Asset Management, AIG Asia Fund Investment Company, AIG Financial Information Services Company, AIG Commercial Insurance Company, AIA Insurance Company, American Life Insurance Company, and American International Financial Leasing Company.

If an enterprise's financial report wants to become beautiful, it is nothing more than the words "open source and reduce expenditure".

In the major changes of AIG Group, the first three steps are "throttling", and the fourth step is "open source", turning to Asia at a more radical pace, forming a radical strategy of developing premium and international asset trust management services in 170 countries around the world, focusing on investing in the Asian market, and providing comprehensive insurance services, professional international financial information and asset management services for 43 million private and corporate customers around the world.

In the next step, after AIG Group acquires the American Family Life Insurance Company, it will inevitably integrate the life, medical and pension businesses in the US domestic market and further reduce employees, which is the only reason why the shareholders of the American Family Life Insurance Company support the merger - in the words of the Chinese, it is the four words "reducing staff and increasing efficiency".

In the next step, AIG Group will continue to acquire Generali Insurance Company and merge with AIA Insurance Company, continue to integrate the insurance business and staff of "AIA Generali" globally, and maximize the secret of "reducing staff and increasing efficiency".

M&A is all about laying off employees.

This is the real secret of AIG Group's rapid development against the trend after the outbreak of the subprime mortgage crisis.

Verrens-Wotander was instructed to restructure AIG Group in 25 months, raising the market value of AIG Group from less than $30 billion two years ago to $180 billion, second only to Blackstone Group and Bank of America Group, which acquired Merrill Lynch, and became the world's third largest international asset management company in one fell swoop.

With the successful completion of the acquisitions of American Family Life and Generali, AIG Group will become the world's largest integrated insurance group and the second largest international asset manager under his leadership.

Without the strong support of the controlling party, The-ShunFamliy and the Huayin consortium, as well as the huge capital injection at the lowest ebb of the global financial crisis, Verrens-Wotander would not have been able to do all this, and it would have been difficult to even retain his chairmanship.

Without Verrens-Wotande's aggressive approach and his thorough knowledge of the various shortcomings and advantages of the entire AIG Group, the Huayin consortium would not have been able to achieve these results no matter how much capital was injected.

That's why Xu Teng decided to give the joint partner a year ahead of schedule, which means that Wellens-Wotander will become the top agent of the Huayin-AIG consortium in the United States and on Wall Street.

With this position and authority, Verrens-Wotander can even make his own decisions about transactions within Wall Street, and how to deal with the White House and Congress.

Because this position represents not only authority and status, but also the trust of Xu Teng and The-ShunFamliy, and the fact that Verrens-Wottander is no longer a professional manager of the consortium, but a partner at the highest level.

If this is an assessment, Verrens-Wotander would have scored perfectly.

At least today in 2010, in the new era of the post-"subprime mortgage crisis", AIG Group has a place among the five Wall Street giants, second only to Goldman Sachs and Bank of America in terms of comprehensive influence.

Blackstone and Morgan have been a little injured in the past two years, while Citi is really hurt, hurting the old Ben, don't think about turning over in 20 years.

The Big Five of Wall Street.

This is The-ShunFamliy's place on Wall Street, of course, it can't have a strong political influence like Goldman Sachs, but when it comes to the various means and abilities of cooperation to make money, it is really not inferior to the other Big Four.

Especially through the loose alliance of the Wall Street Five, The-ShunFamliy is also very good at protecting the family's assets in the United States, and further hiding these assets.

Therefore, Wall Street and the White House are well aware that The-ShunFamliy has a lot of assets in the United States, but it is really difficult to figure out how many exactly.

There's no way to find out.

The Xu family's half stake in Apple alone is hidden in dozens of unrelated trusts, and further hidden in the hundreds of thousands of customer lists of the Big Five.

……

During Xu Teng's time in New York, his main job was to consolidate the position of the Huayin-AIG consortium in the Big Five on Wall Street, and in China, the Huayin consortium also repeatedly negotiated with relevant government departments through multiple channels.

It was not until mid-July 2010, when Xu Teng was about to end his visit to the United States, that the Huayin consortium reached a preliminary agreement between the Chinese and American governments, based on the U.S. commitment to grant FAA certification, and the Chinese side agreed not to use state-owned enterprises to dominate the commercial aircraft industry.

In this way, regardless of Xu Teng's wishes, both China and the United States hope that the Huayin consortium will dominate China's large aircraft industry, and for China, the central enterprises cannot intervene, and the only enterprise that has the ability to promote this industry is the Huayin consortium, and only the Huayin consortium has the ability to withstand long-term losses.

For the White House, the scale of investment in the United States by the Huayin consortium is huge, and the White House has enough chips to contain the Huayin consortium and avoid further impacting the US aviation manufacturing industry.

The final argument between the two sides was the limit of the model.

The Chinese side requires that in the long term, China's commercial large aircraft can be expanded to Class 3 models, that is, the 300-seat class, while the US side only intends to give FAA certification to Class 1 models, that is, about 120 seats.

This initiative is really in the hands of the White House, so the country that controls the rules is the real big hooligan.

Xu Teng could only personally intervene in the negotiations, negotiated repeatedly with the White House, and finally reached a compromise index for a second-class standard model, that is, a maximum of 180 seats, and a maximum take-off weight of no more than 75 tons.

This standard is basically stuck in C919.

If Xu Teng wants to break through this standard in the future, he will inevitably be subjected to various elbows from the White House.

It's troublesome.

Xu Teng actually doesn't want to get involved in the aviation manufacturing industry at all, just looking at the tragic history of Airbus, you can imagine how difficult an industry this is, once involved, it will be a bottomless pit.

Now that the Obma government and the Democratic Party have just come to power, and they are still in the stage of accumulating friendship between the two sides, the country is reluctant to stimulate the Obma government, so since the Obma government is willing to negotiate, let each side make a concession.

For the private sector, this is a real pitfall.

Xu Teng's investment in the chip and LCD industry is so large, how can there be more funds to invest in this god pit, he doesn't know how to end up in the future, and he has a headache when he thinks about it.

What China actually wants now is to reciprocal the CAA agreement and the FAA agreement in the United States, that is, to make China's own CAA certification equivalent to the FAA.

What do you mean by that...... The United States is not stupid.

180 seats, then 180 seats, anyway, the main domestic demand for passenger aircraft is this level.

With all this, Xu Teng could only sigh, very headache.

After negotiating this matter, at the end of July 2010, Xu Teng took the plane to leave the United States and visit Central America, which is basically the so-called Wanwan diplomatic relations, and the United States is of course behind the backing of Wanwan, after all, this is the legendary backyard of the US imperialists.

In the long run, only by winning the seven Central American countries can we fully promote the efficacy of the China-Latin America Cooperation Forum and fully cover China's national interests in Latin America.

The seven Central American countries themselves have a complete integrated common market agreement, moderate population and area, low level of economic development, and abundant natural resources, which is precisely the most suitable regional market for building a free mutual trade agreement with Chinese mainland.

After 2006, the rabbit family has attached great importance to this aspect, but after all, there has been no formal diplomatic relationship, and many things are more troublesome.

This is also a place of pity from the perspective of the national interest as a whole.

The Huayin Consortium is an international consortium with a deep network in the United States, and compared with other domestic enterprises, it still has some advantages in the development of the market of the seven Central American countries, and it is also very suitable as a bridgehead for domestic central enterprises and other enterprises to cooperate in the development of the community market of the seven Central American countries.

The Huayin-AIG consortium is not only a super-giant world-class consortium, but also a large-scale community of interests, which has close special relationships and common interests with many central enterprises in China, as well as Wall Street, Silicon Valley and oil giants.

As the chairman of this world-class consortium, Xu Teng is also the tyrant of the entire community of interests, and all parties recognize his tyrant status.

Therefore, in the past two years, Xu Teng's work characteristics have been gradually changing, and he has become very much like a national leader, and his team, the entire Huateng company, is becoming more and more like the White House, and the staff group is becoming more and more international, diversified and multi-functional.

His itinerary for this visit and inspection of the Central American Community of Seven markets was determined in mid-June, mainly entrusted by domestic central enterprises and relevant departments, and during his time in the United States, AIG, Bank of America, and Silicon Valley also suggested that he go to Central America.

From the confirmation of the visit on June 20 to the departure of the United States on July 24 and the official arrival in Guatemala in Central America, in a month, Huateng Company, relevant domestic units, and many friends in the United States ...... A lot of work has been done.

There are many projects, such as the International Small Hydropower Development Center led by the State Grid, with Guatemala, Honduras, and El Salvador...... More than 40 cooperation intentions have been signed, including project investigation, exploration, project approval, loans, construction, personnel training, and even arranging for students from the other side to study in the mainland five or six years in advance.

Everything, all the equipment of small hydropower stations, even the most basic cement and steel, including the power transmission and transformation system, the supporting and control of the central power grid, and even the distribution system of residents, including residents' household electricity meters...... China can handle all the commodities and everything involved.

Moreover, not for one country, the entire Central American 7 countries do it together.

Xu Teng's visit to the seven Central American countries is to formally intervene in these projects on behalf of the Huayin Consortium, and officially accelerate the investment in the Central American market...... These are the businesses of the Central Control Group and Sunshine Group, which are under the Huayin Consortium.

These small countries have financial markets, telecommunications markets, network markets, mobile phone markets, PC markets, home appliance markets, automobile markets, infrastructure markets, and resource markets...... All of them are areas that the Huayin Consortium wants to expand in an all-round way.

In the past few years, all the industrial groups under the Huayin Consortium have started trading and investing here, and Xu Teng's visit this time is to accelerate in an all-round way, to form a whole, and to start from the top level of these small countries.

In short, Xu Teng, the chairman of the foundation, is to do this kind of high-level work, establish long-term strategic cooperation with the other party's national leaders, governments, and political parties, sign a large number of agreements, give commercial aid loans, establish some cooperation funds, promote some public welfare activities, promote some NGO organizations, and design a top-level promotion cooperation from top to bottom.

He's the chairman, the supreme tyrant, and that's what he does.

Therefore, his current work is very similar to that of the head of state, and his position is still lifelong, or even hereditary.

The leaders of the seven Central American countries all have a certain degree of understanding of this, and the information that should be told to them is basically very clear, and the specifications of their reception of Xu Teng are also very high-level, except for the absence of military parades, the others are equivalent to the treatment of state guests.

Of the 7 countries, Xu Teng has to visit 5 countries, and 5 countries other than Belize and Panama have to go, with an average of 4 days for each country, and the most important work is to talk, sign, talk, sign.

Either Xu Teng and the president and prime minister of the other party signed, or Xu Teng and the prime minister sat in a row and witnessed the signing of the people below.

His meetings with the leaders of these countries, including the leaders of the parliaments and political parties, were basically to talk about some high-level things, such as the international economic situation, environmental protection, science and technology, education, and other topics, to accept media interviews, and to participate in some television programs to talk about his suggestions for the country's economic development.

To tell the truth, in the past few years, Xu Teng's effect on the promotion of China's national image is much more powerful than that of high-speed rail, not to mention that in the past two years, China's high-speed rail has not yet shined in the world, and his existence has also effectively enhanced the self-confidence of the people.

The reason is very simple, the second, third, fourth, and fifth places on the Forbes Global Rich List combined, his net worth is about the same, and the fourth place is still his father.

Isn't the competition of the Forbes Global Rich List a big competition between capital consortia and capitalists in various countries around the world?

It's a sensational effect.

Why is he so rich, you count, you know where he is powerful as soon as you count, the financial industry, the technology industry, the traditional manufacturing industry, the real estate industry, his wealth distribution is very balanced.

If he didn't have this rank, would Wall Street make peace with him, and Silicon Valley would collude with him?

He doesn't need the government to take action, he can reach an agreement with Wall Street, Silicon Valley, and the US oil consortium alone to jointly maintain the stability and good development trend of Sino-US relations, because everyone has similar strength, and they can only cooperate, not tear apart, because everyone wants to make money.

Everyone is a listed company, and we have to take into account the annual report data, and we have to find a way to make a profit every year!

Do you say that Microsoft can not cooperate with Xu Teng, if you don't agree with each other, Xu Teng may throw out the Kirin 3.0/5.0 system for free and get a $2 billion global promotion, isn't Microsoft looking for death?

In a thousand words, Xu Teng is now one of China's nuclear weapons, the vane of global capitalists, the comprehensive image of the young man is also very good, and the international reputation is also good, and he is a thoughtful and connotative global capital leader.

There are countless handsome photos on the Internet, you can download 20G by searching casually, and there are even several movies, with a legend index of 9.5.

In 2009, Forbes Global Influential Top 100 People, the young man ranked third, above him are the two G2 heads of state in China and the United States, although the chairman of the Security Council is also the chairman, the ranking is weak, thirty miles away!

This year is definitely third, and there is no suspense in winning third in a row.

The White House and President Obma are also very good, they just received him as a quasi-state guest a few months ago, and they met twice, what else can the small Central American country say?

In this world, strength is the last word.

Of course, Xu Teng is still very modest, he has seen a lot of big scenes, and he is very calm at any level of meeting.

The last stop of Xu Teng's visit in Central America was Costa Rica, which is the only country that has diplomatic relations and a trade bridge between the mainland and the Central American Economic Community, in addition, Costa Rica is indeed the Central American country with the best economic development.

Huateng Automobile Group is investing in an automobile production base in Costa Rica, China's hottest model is SUV, Costa Rica's hottest model is pickup, which is basically a small strength of Huateng Automobile Group Company, directly in the domestic merger and acquisition of Great Wall Motors, launched Huateng P series pickup, take this model to run Central America to test the waters.

To tell the truth, Xu Teng doesn't know much about the 7 countries in Central America.

When he arrived in San José, the capital of Costa Rica, he found that Costa Rica was not quite the same as other Central American countries, and what was the difference? The percentage of whites was very high, how high, about 70 percent.

This is quite surprising to Xu Teng, because the Costa Rican football team in his impression is basically black brothers, in fact, there are many black athletes in this country, mainly from those countries in the Caribbean who immigrated illegally, and most of the people are actually white - Indo-European mixed race accounts for the majority, but in Xu Teng's view, it is indeed more white, Hispanic, and the characteristics of Indians are not very obvious.

In addition, the country's long-term ruling party is similar to the rabbit family, and its name is also very similar - the National Liberation Party, which has been in power for more than 20 consecutive years and is politically stable.

So...... How to put it, Xu Teng doesn't want to prove the racist ideology, but the facts are obvious.

In particular, compared to several other countries in Central America, Costa Rica is quite good, with an open industrial policy and a moderately low level of corporate taxation.

The country is also very beautiful, Spain began to colonize in the 16th century, and the long peace left a large number of colonial era ancient buildings, and there are many very beautiful ancient castles and small towns in the southern European style.

This is also the first Central American country to be discovered by Columbus, and the result is that the indigenous people are basically exterminated, in fact, 90% of the population is of Spanish descent.

The girls are beautiful.

On the second day of Xu Teng's visit to Costa Rica, he participated in a talk show on the local national television station, and the host was particularly beautiful, even Xu Teng was quite amazing and pleasing to the eye.

The local tycoons also organized a very grand welcome dinner, it is said that dozens of the richest billionaires in the whole country have arrived, Xu Teng found that the wives of these small moats are very beautiful, and they have a good life.

Interesting.

Xu Teng feels that he can come often in the future, in addition to the fact that there are more beautiful women, and the proportion of bobs is as high as 99.99%, Costa Rica and the United States also have a very close free trade agreement, which is definitely a loss for the United States.

Basically, Costa Rica's financial sector is dominated by U.S. capital, but the U.S. really makes big concessions when it comes to imports of industry, light industry, and cash crops.

Central America is the backyard of the United States, and it is absolutely inaccessible to superpowers other than the United States.

All of this is very beneficial to Xu Teng, and it is worth Xu Teng to visit once a year to see which young female president and beautiful host need guidance, and you can communicate more often.

In short, Xu Teng's visit to Costa Rica really made Xu Teng a little overjoyed, but unfortunately, there were many nobles and there was no time to know a few more national goddesses of Costa Rica, so in mid-August, he continued to go to South America.

After a round and round, the last stop is a visit to Argentina.

It's okay, this is also a well-known country of beautiful women, and even the president is a woman.

Even among the Latin American countries with a predominantly white population, Argentina is said to be the only country in the world that has developed from a developed country to a developing country, and the other is South Africa.

The Huayin consortium still has a lot of investment in Argentina, mainly focusing on agriculture and animal husbandry, and in addition, several recruits from Huzhou Huateng International Sports Club are also from Argentina.

Huateng International's 0809 season was able to reverse and win the AFC Champions League, and these cost-effective foreign aides contributed a lot.

It wasn't until September 17 that Xu Teng deliberately played in Argentina for a few more days, went to the Candy Box Stadium to watch a game, and spent a week on vacation, which ended his four-month trip to the Americas and returned to China.

The first thing I did when I returned to China was to go to Shanghai to talk about the project of a large aircraft.

It wasn't until the National Day that Xu Teng finally returned home, this time he really didn't want to go anywhere, and he was also ready to nest in Jiangzhou and compensate his wife and children at home on the National Day.

As a result, I didn't expect that the sky is not as good as the people, and Ivica's big beauty actually flew to China with Miss Elizabeth Holmes at this kind of festive moment, and the first stop was Jiangzhou, saying that she came to inspect investment projects, but in fact, it was to visit Xu Teng and win over the relationship.

Come on, come on, and bring gifts.

This is really ...... Two blonde beauties, what to do? (To be continued.) )