Chapter 448: Trouble Again
(.) After receiving the shares transferred by Lehman Brothers, Lee Jae-chrome was overjoyed and immediately settled with the other party in accordance with the agreement. And then, when Li Zaichrome asked the other party again if he could increase the commission, the other party agreed without hesitation, but the other party also put forward a condition at this time, that is, it was to operate this small order of 360,000 US dollars for the sake of Samsung Group's face. If you want to continue to increase the operation, Lehman Brothers hopes that Samsung Group can increase to a certain amount of entrustment, otherwise such a small order with Lehman Brothers' strength and efforts will completely outweigh the losses.
Lee is very clear about this. Don't look at the $360,000 amount that is a lot for ordinary people, or ordinary companies, but for a huge company like Samsung Group and a world-renowned financial institution like Lehman Brothers, $360,000 is simply not much bigger than sesame.
Samsung Group's annual sales are measured in hundreds of billions of dollars, and Lehman Brothers' financial wealth is even larger. No matter how big or small a case is to acquire shares in a company, a financial institution like Lehman Brothers must handle it with a professional team. If the amount is too small, then no amount of commission will be able to offset the cost incurred. Just like now, don't look at the millions of dollars that Lee Jae-chrome gave to the other party, but these money are already a loss in the other party's opinion. If it weren't for the fact that Samsung Group is such a potential big customer, Lehman Brothers would not have taken on this case at all.
Lee understood Lehman Brothers' point, and he also calculated that according to a conservative ratio, if you want to be foolproof, you must at least get a stake in Corning O, and if you add the acquisition premium and other aspects, this expenditure will be as high as 2.5 billion US dollars.
With Lee's status in the Samsung Group, he certainly can't use so much money. With his current influence, the amount of funds used cannot exceed $500 million, and if it is more, it must be approved by Lee Kun-hee. Besides, although the Samsung Group has a big business, it is not so simple to take out so much money in one go, and the liquidity of the entire group is only about nearly one billion US dollars, and it is necessary to remove some reserves, reserves, management expenses, operating expenses, etc., and Lee Jae-chromium can use 300 million US dollars.
$2.5 billion vs. $300 million, there's a big difference, and an eight-fold difference can't be directly acquired. However, there is naturally a way of capital operation in the financial world, and Lee Jae-chrome is not an ordinary person, he is highly educated, and he is a trained successor to Samsung. He also knows a lot about the way of capital operation, so Lee Jae-chrome proposed to Lehman Brothers that he would pay $300 million in pre-operating funds first, and Lehman Brothers would operate the rest on his behalf, and when all the acquisitions were completed, Samsung Group would transfer the remaining funds into Lehman Brothers' account for delivery in accordance with the agreement. As for the commission, Samsung Group can give the other side some concessions, hoping that Lehman Brothers can agree.
In response to Lee's request, Lehman Brothers said it would ask the headquarters. After waiting patiently for a few days, Lehman Brothers officially replied to Lee Jae-chrome, and they accepted the case, but the premise is that the $300 million must be in place before it can be operated, and if Samsung Group finally fails to perform the contract, not only will the money be confiscated by Lehman Brothers, but also have to pay a certain amount of compensation.
Lee Jae-chrome readily agreed, and then couldn't wait to sign an agreement with the other party. After the agreement was signed, he asked Lee Sung-bin to transfer the money to Lehman Brothers' account without telling Lee Kun-hee that he was the crown prince. At the beginning, Lee Sung-bin persuaded Lee Jae-chrom that he had better report the matter to the chairman, but the confident Lee Jae-chrom didn't listen to this at all, and at that time he was still thinking about giving his father a surprise. If this thing is done, his position as the heir of the Samsung Group will be more stable, and the factors that caused his father's dissatisfaction because of his recklessness will be eliminated.
Of course, Lee Jae-chrome also considered the problem of failure to acquire it, but Lee Jae-chrom didn't care much about this situation. You know, Lehman Brothers is not an ordinary financial institution and investment bank, and the amount of money they handle every year is one of the few in the world. And many of the companies they cooperate with are stronger than Samsung Group, and the two sides have signed an agreement, what else is he worried about? According to the agreement, if Lehman Brothers can't do it, then the money will be returned to Samsung Group without taking a penny, which is just a loss of some insignificant interest for Samsung Group.
People are not as good as heaven, Lee Jae-chrome never thought that just when he felt that he had a good calculation and was happily waiting for the results, there was a thunderbolt, and Lehman Brothers, which was once the world's number one investment banking institution, actually collapsed.
This news blew up Lee Jae-chrome in a daze, and he didn't know the north and south for a while. When he came back to his senses and hurriedly called the other party's phone number and tried to contact the person in charge of the case, the phone could not be reached. Unwillingly, Lee Jae-chrome made great efforts to find Lehman Brothers' financial department personnel and inquire about the situation. The person who answered the phone told Lee that all company transactions had come to a halt due to the sudden collapse of Lehman Brothers, and that there were many cases like Lee Jae-chrom's.
Lee was taken aback when he heard this, and hurriedly asked if there were any measures or plans for the collapse of Lehman Brothers? Hearing this inquiry, the other party smiled bitterly and told him that there must be a plan, but only God knows when it will be determined and when it will be implemented. And as an employee, he doesn't know if he will be swept away in the next minute, because since the announcement of the bankruptcy, the entire company, including the senior personnel of the management, has begun a unemployment frenzy.
When Lee Jae-chrome wanted to ask a few more questions, he only heard what seemed to be something on the other side of the phone. Then, he heard the person on the phone tell him that he had just been notified that he had lost his job, so the call could not continue with him, and he was very sorry, he needed to organize his personal belongings and leave the headquarters building under the supervision of security within half an hour.
Then, there was a beep of hanging up on the phone, and the depressed Lee Jae-chrome held the phone for a long time without slowing down, his face was pale and his hands trembled, and the thought that flashed in his head repeatedly was "He is in trouble again".
(The third watch is complete!) Ask for votes! Ask for recommendations! Ask for support!)
Strange business_Strange business_Full text of stranger business_ Updated!