"Hmm...... Tang, after the completion of the liquidation of gold futures, Phoenix Investment Group will have billions of dollars in cash, such a huge cash flow, it is difficult to use it all for a while, and it is nothing to take out some of the funds for dividends. Lady Annette said puzzledly.

Suddenly.

Mrs. Annette's eyes lit up, as if she remembered something, and asked, "Don, do you have any other investment plans in the future?" ”

With so many funds idle, Tang Bao said very strongly that Phoenix Investment Group would not pay dividends to shareholders, and the only explanation was that these funds had other uses.

"Well, yes, I have already planned for the use of these funds." Tang Bao smiled and nodded, and responded. He remembers very clearly that Japan's economic bubble has swelled to its peak, the economic crisis is about to break out, and the hot Japanese stock market and real estate market will collapse one after another.

Ponder for a moment.

Tang Bao continued: "Frankly speaking, even if I don't need this money, I'd rather leave it idle in the account of Phoenix Investment Group than pay dividends. And this money will definitely not be lent to the shareholders of Phoenix Investment Group, especially Citibank! ”

"Huh? Boss, do you mean ......? Horst looked at Tang Bao in disbelief and asked.

"I'm simply saying that Citibank is probably going to have a shortage of money, they're short of money, and I don't want to see Citibank get money easily." Tang Bao said slowly.

"What?"

Horst was surprised.

"Don, are you referring to Citibank, which is also in a banking crisis?" Mrs. Annette asked with some uncertainty on her brow. She searched her mind for the latest news about Citibank, as if trying to find clues, but found nothing.

"Today, many U.S. banks are facing countless 'problem loans' and are scrambling to raise capital to deal with the crisis...... Citibank is stuck in this quagmire. Not surprising either. Tang Bao explained with a smile. As far as I know, Citibank also has serious problems with lending in Latin American countries...... Oh, in recent years, Latin American countries have had frequent debt crises. Citibank is unlikely to survive these predicaments. If I'm not mistaken, Citibank is already on the verge of danger. ”

"Boss, if Citibank's funds are stretched thin, then why spend hundreds of millions of dollars to invest in Phoenix Investment Group?"

Horst asked again.

"The stake in Phoenix Investment Group was in May last year, when the housing bubble had just burst and the banking crisis had just erupted. Citibank shouldn't have any major problems yet. Now, as the banking crisis continues to intensify, it is understandable that Citibank is in crisis. Large banks like Citibank tend to be extremely resilient to crises...... "Tang Bao said with a smile.

Then.

Tang Bao's face turned pale, and he said: "Of course, there is still a possibility, that is, the top management of Citibank had foreseen the internal crisis, so they spent a huge amount of money in advance to invest in Phoenix Investment Group, in order to wait for the crisis of Citibank to break out. You can ask Phoenix Investment Group for help! ”

"No wonder ......"

Horst muttered to himself, he finally understood why Tang Bao had specifically asked Tostan if he had proposed to borrow funds from the Phoenix Investment Group.

"Don, you expected Citibank to have problems?" Mrs. Annette looked at Tang Bao with a smile on her face and asked in surprise. Without waiting for Tang Bao to respond, he then asked: "If you expected a crisis in Citibank, then you deliberately chose Citibank as a strategic investor in Phoenix Investment Group, what ...... Tang Dynasty. Do you have an idea for Citi? Thinking of what Tang Bao said before, Mrs. Annette suddenly understood.

Hear the words.

The smile on Tang Bao's face gradually became richer, and he did not deny Mrs. Annette's speculation.

"Oh. Oh, God! ”

When Mrs. Annette saw the smug smile on Tang Bao's face, she immediately exclaimed, "Tang, when you introduced Citibank as a strategic investor of Phoenix Investment Group, you were planning ahead of time, and then waiting for the other party to take the initiative to come to the door?" She was stunned by Tang Bao's foresight.

Citibank was in crisis, and it needed to ask for help, begging grandpa to raise funds...... And the Phoenix Investment Group, in which they hold a stake, has a huge amount of money in its hands. In such a situation, there is no need to think about it, Citibank will definitely ask Phoenix Investment Group for help.

And Tang Bao had already placed the green dollar bills, waiting for the other party to take the bait!

Call.

Mrs. Annette's body shook violently, and she suddenly realized that she had underestimated the young man from China in front of her. Such a sophisticated layout...... What sounds good is foresight; To put it mildly, it is scheming. It was even more treacherous than the old foxes she had ever seen.

Then.

Hearing Mrs. Annette's words, Horst and Nick also showed a look of horror, neither of them expected that the boss, who usually always had a gentle smile on his face, would have such a deep layout.

"Ha, this is called Jiang Taigong's fishing wisher to take the bait!" Tang Bao laughed and said, that's right, he has coveted Citibank for a long time, and he has been quietly planning since he came back from his rebirth and dealt with Citibank for the first time. Choose Citibank as your corporate account bank for Phoenix Investment Group, manage specialized investment accounts for Citibank, and choose Citibank as a strategic investor in Phoenix Investment Group...... Everything was deliberately done by Tang Bao, in order to be able to enter the board of directors of Citibank!

Before.

Tang Bao has always held back, and has never bought Citibank shares, showing no interest in Citibank at all.

That's all an illusion!

It's not that he doesn't have an interest in Citibank, on the contrary, because the interest and ambition are too great to buy Citibank shares from the open market to satisfy his ambitions, so he simply doesn't move and waits for a better opportunity. And this savings and loan crisis is a very good opportunity.

Just now.

Tang Bao anxiously asked Tostan if he had mentioned borrowing money from Phoenix Investment Group, and he also wanted to confirm how far Citibank's crisis had deteriorated.

Right now.

Citibank doesn't seem to have any predicament, but Tang Bao firmly believes that there is a big problem within Citibank, but it is just temporarily hidden and has not broken out. And as the crisis of the U.S. savings and loan banks intensifies, the situation will get worse and worse, and Citibank will also have a day when the paper can't contain the fire.

"I remember three years ago, Citibank entrusted us with a $50 million fund to manage on its behalf. The investment redemption clause ......" Horst's mind suddenly remembered the scene of dealing with Citibank for the first time, and looked at Tang Bao in shock and asked, "Boss, did you plan three years ago?" ”

Hear the words.

Lady Annette and Nick both looked puzzled, wondering why Horst had said this.

Three years ago, soon after the establishment of the Phoenix Investment Group, it relied on crude oil futures to become famous, at the beginning, the general manager of Citibank's New York branch, Miller, saw the potential of the Phoenix Investment Group at a glance, and proposed to buy shares, but was rejected by the boss. Miller then entrusted $50 million to Phoenix Investment Group. According to the investment agreement, Citibank's entrusted investment is a long-term investment entrustment with a ten-year period. Early redemption will increase the redemption rate according to the number of years of early redemption. The base rate for early redemption is 5% and increases by 1% for each year in advance...... Now that I think about it, I think the boss strictly restricted Citibank from early redemption for today's convenience. Horst recounted.

"According to the investment agreement signed by the two parties, Citibank will face a redemption fee of up to 11% if it proposes to redeem the money at this time." Tang Bao said with a smile.

"This ......"

Lady Annette, Horst, and Nick were stunned. Seeing Tang Bao say this, it must be something that was calculated in advance again.

And......

The redemption rate of 11% is unprecedented in the field of financial investment.

"Don, I'm curious, how did you convince Citibank to agree to such a harsh investment agreement?" Lady Annette asked in surprise.

"Persuasion? Oh, I didn't persuade you. At the beginning, it was Miller who wanted to give me the money for investment, so I reluctantly agreed. Yes, I proposed this investment agreement, but Miller did not object at all, and only agreed after a little consideration. Tang Bao said with a smile. In his opinion, if the funds of 50 million US dollars are handed over to me for management, they will get unimaginable investment returns, and Citibank does not need to be in a hurry to redeem them. He didn't expect Citibank to run out of money one day......"

"So President Horst's guess is true, which means that three years ago, you were setting a trap for Citibank?" Lady Annette said.

"Traps? It's not a trap, it's all Citibank's willingness, and I didn't do anything. Tang Bao shook his head and smiled.

……

looked at Tang Bao who was breezy and cloudy.

Mrs. Annette, Horst, and Nick were all speechless for a while, especially Horst and Nick, who felt that they had followed Tang Bao for a long time and knew Tang Bao well enough, but the cruel reality shattered their ridiculous and naïve thoughts...... Tang Bao was still unfathomable, and his body seemed to be covered with a layer of fog, making it difficult for them to see it thoroughly.

Both Horst and Nick were terrified.

And Mrs. Annette's performance is extremely excited, yes, excited, at this time, she is very excited, only such a boss is worthy of her full assistance, and with such a boss, can she realize her ideal ambitions. "Don, I don't think there is a need for the $50 billion agreement to exist......" Looking at the young man in front of her, who was still a little immature, Mrs. Annette said with a smile. (To be continued......)