In the morning, the sky is clear and the Denston Manor is quiet and quiet. Compared with the luxurious Thesavoy Hotel, www.biquge.info here is a little less noisy and impetuous, and more quiet.

The key is that this is Tang Bao's private territory, without his nod permission, outsiders can't enter at all, and privacy is guaranteed to the greatest extent.

Saying.

After arriving in London, Citibank representatives John Rhett and Miller rushed to the Thesavoy Hotel as soon as possible, despite the fatigue of a long flight, intending to meet Tang Bao directly. It's a pity that at this time, Tang Bao had already left the hotel and stayed in Denston Manor.

John Rhett and Miller, who were in vain, hurriedly called Tang Bao again to get a new address. Although he really wanted to kill him directly, considering that it was too late, Tang Bao might not like to be disturbed, so he endured the urgency in his heart and agreed on another meeting time.

……

Morning, ten o'clock.

Denston Manor welcomed Tang Bao's first guests, namely Citibank representatives John Rhett and Miller.

"Miller, long time no see." Tang Bao saw the old acquaintance and said with a smile. Miller was the only senior member of Citibank who was familiar with Tang Bao and was in charge of the negotiations, which surprised him at all.

"Yes, Don, the last time we met was just over three months ago, and it's nice to see you again." Miller smiled and responded. Then, he pointed to John Rhett beside him and said, "Don, let me introduce you, this is John Rhett, the CEO of Citibank!" ”

Oh.

Tang Bao realized in his heart that Miller's introduction was concise and to the point, but it sent a message to him very clearly, this time he was not the protagonist of the negotiation.

Citibank CEO John Rhett came to London in person, which Tang Bao definitely did not expect, and Miller did not explain in advance on the phone. Therefore, when Tang Bao saw John Rhett who was following Miller, he felt a little familiar, but he didn't care too much, just as Miller's assistant.

Knowing John Red's identity, Tang Bao immediately understood why he felt familiar to the other party. As the CEO of Citibank, John Rhett often appeared on television, newspapers, and magazines, even if he didn't pay attention to each other, he also saw their photos.

The reason why I didn't see through it.

One is that Tang Bao didn't expect John Rhett to come over in person, and the other is that he and John Rhett have never met, so they are really not familiar with each other.

……

"Hello, President John, I'm sorry I didn't recognize you!" Tang Bao showed an apologetic look, and then said to John Rhett with a smile.

Then.

Taking advantage of the gap in greeting, Tang Bao was also secretly looking at John Rhett, who was in his forties, his black eyes did not show a touch of wisdom, his face was ruddy, he was very energetic, wearing a pair of gold-rimmed glasses, exuding the elegant atmosphere of a scholar.

"Don, hello!"

John Rhett also smiled and stretched out his hand, holding it tightly with Tang Bao, "I have admired you for a long time, and being able to communicate face-to-face with Tang, the stock god of Wall Street, has always been the most desired thing for Wall Street elites, and it is also what I look forward to the most, and it is my honor." ”

"Huh."

Tang Bao laughed.

He has staged many classic investment operations in the financial field, but he rarely communicates with his Wall Street peers, busyness is a factor, and more because he is very aware of his own weight, relying on the memory of his past life to talk generally, but it is difficult to support in-depth and detailed communication.

The manor was very large, and Tang Bao and John Rhett and the others were chatting while walking, and Miller couldn't help but exclaim, "Don, this manor is really beautiful, you really know how to enjoy it." ”

"Ha, it's okay, I mainly like the quiet environment here." Tang Bao said with a smile.

Well.

Miller nodded knowingly.

"Why, you like such a manor too? In fact, this kind of English manor is not very expensive, and it is very good to use it as a place for vacation and leisure. ”

Not expensive?

Miller said helplessly: "Don, the price is not expensive, it's just for you." Even if this kind of English manor is small in size and a little poor, it must be worth at least a million pounds. I can't afford ......" Don't look at him as a vice president of Citibank, his status is very good, but his annual salary is not as high as the outside world expected. Compared with the salaries of top hedge fund managers on Wall Street, who often pay tens of millions of dollars or hundreds of millions of dollars, it is not compared.

Scold.

John Rhett smiled and said that he could afford to buy a manor, but he lived in the United States for a long time, and it was too extravagant to buy a manor in England as a holiday residence.

About five minutes later, Tang Bao led John Rhett and Miller into the castle.

"You may be seated!"

Tang Bao pointed to the sofa and said with a smile.

John Reid and Miller were unpolite and took their seats. Then, the maid served the mellow coffee as soon as possible.

……

"Don, you must know what we're here for. Citibank is in trouble, tight on funds and unable to inject funds within the deadline you set, hopefully you can have some more grace! After the two sides exchanged pleasantries, John Rhett spoke straight to the point.

This.

The purpose of him and Miller rushing to London to meet Tang Bao was very simple, that is, to persuade Tang Bao to give grace to the time for capital injection, leaving Citibank more buffer time.

"Hmm."

Tang Bao nodded lightly and smiled. After being silent for a while, he spoke: "I know that Citibank is in difficulty, but when Bear Stearns, Wells Fargo, and the two major Japanese conglomerates have all paid their funds, you are the only one who owes the funds, which is very unfair to them. ”

"Yes, yes." John Rhett responded, but his tone changed, and he said with a smile: "Don, if you are worried about the dissatisfaction of other shareholders, this is simple, I can personally communicate with them." In addition, Citibank will pay interest on the funds owed according to the market loan rate. ”

Citibank has a lot of business cooperation with Bear Stearns, Wells Fargo, Mitsubishi Bank, Mitsui Bank, etc., and John Reid is confident that he will personally visit his house, and the other party will give him this face.

After all.

The money owed by Citibank is not theirs!

"Oh, President John, it's not that simple." Tang Bao shook his head and said. "It was my decision to limit Citibank to pay the funds within three days, and Horst should have told you about this a long time ago. Well, of course I have my reasons for doing this, not specifically against Citibank! ”

"Oh?"

John Rhett looked at Tang Bao suspiciously, quietly waiting for the next step, and he knew that the trouble could not be solved so easily.

"With all due respect, Citibank's current situation is far from being difficult to sum up in two words. Funds dry up, shareholders sell stocks and flee ...... Citibank, on the other hand, has been slow to raise new capital injections, and the situation is dire, and it is only one step away from bankruptcy. In this case, do I dare to let Citibank delay the payment time? In case Citibank does go bankrupt, who will ask for this money? Tang Bao said.

"This, Citibank's 2.5% stake in Phoenix Investment Group, even if it does go bankrupt, is enough to ensure that the $287.5 million owed will be covered." Miller emphasized.

"That's right. The value of the 2.5% equity of Phoenix Investment Group is far more than $287.5 million, but Citibank has countless creditors, and when Citibank goes bankrupt, these equity assets will be supervised by the bankruptcy court, and countless creditors will be staring, can I use these equity to offset the arrears? Tang Bao asked rhetorically.

Forehead.

Miller was speechless for a moment, and if Citibank really went that far, all asset disposal issues would need to be approved by the court. Both John Reid and Miller's promises will be null and void, and even if the mortgage agreement is signed now, it will be useless to have priority in debt repayment. Because many of Citibank's debts have signed mortgage agreements, they will also receive priority.

Call.

John Red was silent for a long time, then argued, "Don, this is just the worst-case scenario you guess. We are trying to raise funds and the situation will improve soon. Citibank has been around for more than 100 years, and I am confident that it will be out of trouble this time as well. Citibank won't go bankrupt! ”

"Yes, that's right, Don. When Citibank raises funds, it will pay back the money as soon as possible! Miller also spoke.

Raising money?

Tang Bao smiled secretly in his heart, heh, Alwaleed, who helped Citibank in his previous life, has joined forces with me, who else can you count on.

"Yes, you have been trying very hard to raise money low, but the point is that no one on the entire Wall Street is willing to pay......" Tang Bao pointed to the point.

Forehead.

Both John Reid and Miller looked embarrassed, and this was where they were most distressed, as Citibank was in a quagmire and no investors dared to help.

Because......

As things stand, it's highly likely that investing in Citibank's stock will come back to a pile of useless waste paper.

Otherwise, there wouldn't have been as many shareholders selling and fleeing. Even John Reid secretly sold quite a few Citibank shares......

Yes.

John Rhett is secretly selling Citibank stock! He swore that Citibank would get out of the crisis, but he didn't have any confidence in his heart.

"It's normal for one or two investors to be afraid to make a move, but the whole Wall Street is reluctant to pay, which fully shows that Citibank's problems are serious. Also, when Miller asked me for a loan, I asked you to provide Citibank's financial report, but you didn't show it, I'm afraid you also wanted to cover up Citibank's erosion, right? Tang Bao said.

Miller wanted to deny it, but couldn't find a reason to refute it.

The living room fell into an inexplicable dullness.

Long.

John Rhett broke the silence and said calmly, "Don, how do you think it should be resolved?" ”

"Well, you only have two choices, one is to accept the reality of dilution of equity; 2. Inject $287.5 million into Phoenix Investment Group on time! Tang Bao said. (To be continued.) )