Chapter 283: Shuffle

Located in the Oval President's Office at the White House, where Washington is located, Clinton stands at the window and looks out at the green lawn. Pen, fun, and www.biquge.info

Recalling the previous informal afternoon tea with the young boss of Century Holdings, Clinton couldn't help but smile on his face.

"Half of the $40 million in political contributions went to Mr. President's private finance company, and the other half went to Mrs. Hillary's private philanthropic foundation." Just a simple sentence left a deep impression on the young people in the East who had met him a few times.

"Mr. President, Century Holdings applied for a shipping lane, and Zheng Fan took a private jet directly from Washington International Airport and returned to China." A black female secretary knocked on the door and entered the president's office and reported calmly.

"Betty, this year's winter in Washington is as warm as spring, and a large number of cherry blossom trees are unusually blooming." Clinton smiled and didn't look back.

"Yes, the people of Washington even complained about the loss of the white Christmas." The female secretary smiled faintly and echoed.

"Speaking of Century Holdings, it is really generous, in the past three months, the turmoil in the capital market, there are many events related to it!" Clinton's exclamation was slightly profound.

"Century Holdings' legal team sued the Federal Inland Revenue Service, arguing that its boss Zheng Fan had submitted an immigration application early in the morning, and that the Federal Inland Revenue Service should consider reducing the tax on the profits from Tatfook Bank's investment in New York crude oil futures and the sale of Enron Group shares." The black female secretary reminded Clinton.

"It's all in the past, compared to the huge profits of Century Holdings in the capital market, even if the Federal Tax Service does not take into account the tax incentives for immigrants, overcharging those taxes will have no impact on Century Holdings, but this time it will be very troublesome for the Federal Tax Service to be sued." Clinton looked calm.

"The Federal Tax Service's response strategy is that it believes that Century Holdings' headquarters is in Hong Kong, and the funds are not accounted for in the United States, and even if Zheng Fan, the owner of Century Holdings, who has been privatized, has obtained American citizenship, he will not be able to enjoy full capital income tax concessions before this, and hopes to reach an agreement with Century Holdings through out-of-court communication." The black female secretary sighed slightly.

"There has always been a saying in the United States, which is called to provoke no one and don't mess with the Federal Tax Service, and the deterrent power of the IRS even exceeds that of the CIA and the Department of Defense. Clinton said with a smile.

"It's true, the vast majority of Americans have to deal with this feared department, those tax inspectors with guns, more worrying than FBI agents, but Century Holdings' legal team is surprisingly tough, and even came up with the case of Goldman Sachs Bank's overseas operating funds, pointing the finger at Rubin's Secretary of Finance, after all, he is one of the shareholders of Goldman Sachs Bank, and there are now some negative news about Federal Tax Secretary Bowen and Rubin Treasury Secretary outside." The black female secretary said with a strange expression.

"Since my last term as president, the IRS has been eyeing the Democratic Party, implementing special treatment when applying for tax exemptions, repeatedly harassing and demanding supplementary materials, and nitpicking about the eligibility to apply for exemptions. Clinton thought and said softly.

"Mr. President's previous meeting with Zheng Fan, was there anything about this matter?" Betty, a black woman, asked hesitantly.

Betty is not only Clinton's secretary, but also his special assistant, and only by knowing more about the situation can she do her job better.

He didn't mention it at all, Century Holdings sued the Federal Tax Service! Rather, it talked about the idea of Century Holdings, which might include a share acquisition of Goldman Sachs and Citibank. Clinton shook his head.

"It is not uncommon for consortia to infiltrate each other, and it is said that Goldman Sachs Bank also acted as an intermediary in the lawsuit filed by Century Holdings against the Federal Tax Service, hoping that the situation can be settled, and the parties have held several consultations and talks in private." The black female secretary sighed.

"If the situation gets out of control, I'm afraid it's not just as simple as suing, the competition for interests in the capital market is a life-and-death fight, I think the rumors about Bowen and Rubin outside are just the beginning, and then what will happen next, no one can predict, and it is beneficial to all parties to communicate and reach an agreement." On the surface, Clinton wasn't too worried.

"Do you want to supervise the actions of all parties?"

Through Clinton's statement, the black female secretary has realized that the situation cannot be allowed to develop to the extreme.

"If the consortium is interpenetrating, the problem is not big, but Century Holdings, as a privatized investment company, wants to unilaterally squeeze into other consortiums, which will inevitably have a certain conflict of interest, and one thing is the most worrying, that is, the amount of funds of Century Holdings is not small, once the acquisition of other investment banks, it is easy to hold too much equity, which will have a significant impact on the original equity structure." Clinton nodded without a trace.

"Mr. President, regarding the situation of the Enron Group, some people want to see you, and it seems that they want to lobby for more time." Betty, a black woman, reminded Clinton.

"Of course, it must be arranged, since Enron Group cannot collapse now, why not do it if you are a favor, and you must always keep track of the situation of Century Holdings and major investment banks, the movements of these big capitalists are not only related to the situation of the capital market, but also involve a lot of political interests." Clinton said that he later restrained his smile and explained to the black female secretary.

In fact, without Clinton saying it, Betty can also realize that with the rise of Century Holdings, the entire US capital market and even political interests will face shock, turmoil and reshuffle.

Betty's most intuitive impression of Zheng Fan is that on the surface, people and animals are harmless, very warm and easy to get along with outsiders, and occasionally participate in some capitalist exchanges in New York, but the Century Holdings he controls is extremely resolute and fierce behind his back.

Just when some well-intentioned people are paying attention to the trend of Century Holdings, the Fuyin Building on Long Island is not as exaggerated as the investment bank buildings on Wall Street, only 12 stories high.

Like the Hong Kong headquarters of Tatfook Bank, the investment department of the Long Island branch in New York is also located on the 9th floor.

"Finally this day has come."

In the investment department of the Long Island branch of Tafook Bank in New York, Ji'er looked at Citibank's stock price of $52 and even showed a look of impatience.

"As of December 31 this year, Citigroup's total assets were $270.1 billion, with a stock market value of more than $400 billion and a total share capital of 7.69 billion shares." Finding that Luo Hong and the others were ready, Ji'er reported to Ye Qian.

"President Ji'er, don't be too excited, the boss said when he left, Dafu Bank's initial involvement in Citibank's shares cannot exceed 3% of the total share capital, even if there is an extra share, I will not give you the funds, you know, our equity investment in major banks, but a basket of investment portfolios, only gradual participation, in order to minimize the hostility of the original interest groups." Ye Qian did not hesitate to carry out Zheng Fan's explanation.

"If you only reach 3% of the holding, it is far easier to buy stocks directly than the negotiation of the bulk trading platform......" Before Ji'er's words could be finished, Ye Qian shook her head and vetoed it.

"I can understand the acquisition of shares in investment banks, after all, there will be business intersections between Tatfook Bank and major investment banks in the future, but why buy Martin's shares? Hasn't the boss dispelled his thoughts about the arms syndicate? Luo Hong observed the stock price and said.

"The boss said that the boss said that the international big group, with a market value of more than one trillion yuan, I guess this is his excuse, and now Citibank's market value is around 400 billion, and the market value of Lockheed Martin is even smaller, only about 15 billion US dollars, and the stock price is 25 US dollars. Ye Qian said calmly.

"I really don't know what the boss thinks, I communicated with Harry some time ago, he said that the future capital market value king, will never appear in the banking sector, the era of technology is king, such as Microsoft, IBM, Dell, Intel, Apple and other computer software and hardware as the main business of the company, will explode rapid growth, if the entire technology sector is deeply explored, there are still many potential companies, just like Apple's total market capitalization, less than 2.5 billion US dollars." Liu Mingxuan seems to agree with Harry's view.

"Don't think about it so much, there's nothing wrong with investing in the banking industry, pay attention to the situation of the bulk trading platform, we have to buy a lot of shares, including Citibank, JPMorgan Chase, Bank of America, Goldman Sachs, and Wells Fargo." Ji Er frowned, and seemed to care more about the equity of the international investment bank.

"Investment in the banking industry will be very troublesome, behind the scenery of these international banks, I don't know how many bad debts have not appeared, become their shareholders, I am afraid that it will be difficult to enjoy high growth, not to mention, and may be dragged into the quagmire, the situation will be very embarrassing." Because of Zheng Fan's absence, Liu Mingxuan could only speak to Ye Qian.

"You should know that no matter how good Harry's ideas and ideas are, they have not been accepted by Tatfook Bank, not only that, but he left Tatfook Bank and did not work for long in Citibank's Hong Kong branch." The situation that Ye Qian said quickly made the investment department fall into silence.

In fact, even if Ye Qian's warning is not obvious, everyone knows that everything that is going on at the moment of Century Holdings and Tatfook Bank is from whose hands, and if there are objections, there are objections, but the arrangements made by Zheng Fan must be implemented, especially in his absence, there is no room for negotiation.

"This time, we intervened in the shares of multiple banks at one time, and said hello in advance before, so it should not be a big problem, as long as the block trading price of the shares of each bank is appropriate, it can start." Before Ji'er took the lead, she confirmed Ye Qian.

(The first update will be delivered.) )