Tang Bao smiled, but he didn't show too much excitement, for him, Mrs. Annette's condition of "reaching the scale of assets of 50 billion US dollars in three years" was not a little challenging, it was too simple. He was 100% sure he could meet the conditions!

Both Horst and Nick were confused and couldn't understand what Mrs. Annette meant by the "$50 billion deal."

"Boss, Citibank is the largest bank in the United States by assets, and it is blessed with all kinds of resources, even if it encounters a liquidity crisis, it will not be isolated. No matter how bad it is...... The Federal Reserve, the Treasury Department, and others could come to the rescue at any time. To be honest, if you want to buy Citibank, it is impossible to succeed! Horst thought for a moment, then cautioned.

Well.

Nick nodded in agreement.

"Well, Don, from what I know, after President Bush took office, his team of think tanks began to work on a rescue plan to save the increasingly precarious US savings and loan banking industry. Citibank is one of the flagships of domestic banks in the United States, and even if there is a problem, it cannot be left to its own devices. It's even more impossible to sit back and watch Citibank be bought by you...... "Mrs. Annette said calmly.

"Is George H.W. Bush ready to launch a rescue plan?" Tang Bao was surprised.

The gold futures war has been going on for months, and President Reagan's presidency has ended, and his successor is also Bush Sr., who is from the Republican Party.

"Hmm."

Mrs. Annette smiled and nodded, and continued to explain: "Don, if you remember correctly, you were the first to call for the government to introduce a rescue plan for the U.S. savings and loan banking industry. And the intensifying crisis of savings and loan banks also proves your foresight...... Nowadays, especially in the financial industry, the government's rescue plan is eagerly awaited. ”

"Maybe. It won't be long before the rescue plan is revealed to the public and implemented as quickly as possible. Therefore, it is simply impossible for you to take advantage of the savings and loan banking crisis to buy Citibank. Taking a step back, even if the U.S. government ignores this, it is uncertain whether Citibank will accept the fate of being acquired. Lady Annette said.

"Well, I understand all of that!" Tang Bao replied with a smile, "I didn't say, let alone dare to hope to annex Citibank as a whole." As you guys say. Citibank's position in the United States is extraordinary, and it has a foundation and resources that we can't imagine, and it is impossible to buy it. FirstWisconsin International Bank, which had previously acquired a much smaller scale than Citibank, had to deal with a lot of obstacles...... At this time, if I announce the acquisition of Citibank again, I am afraid that it will cause a strong backlash from the political and business circles in the United States, and I will simply make trouble for myself. ”

Ease down a bit.

Tang Bao continued: "With Citibank, my plan is to not cause trouble. Hold as many shares as you can in Citibank. ”

"Hold as many shares in Citibank as you can...... Don, are you so confident that Citibank will survive this crisis? Mrs. Annette looked at Tang Bao in surprise and asked.

"Of course. The banking crisis in the United States is due to the general environment. If you look at it in the long run. Today's U.S. bank stocks are ideal investment targets for earnings expectations. Take advantage of the sharp drop in the bank's stock price and take the opportunity to buy some stocks, and you will definitely not regret it. Tang Bao said confidently, and continued. He added, "If you have idle money and nowhere to use it, try to buy some shares in the bank." It's a good investment choice, and now is an excellent time to buy the bottom. ”

Scold.

Lady Annette, Horst, and Nick all laughed. "Bottom-picking? Boss...... Do you mean that the U.S. savings and loan banking crisis will pass quickly? ”

"The past...... Hey, how could it be! The U.S. savings and loan banking crisis has been showing signs for a long time, and it is only in the past two years that it has completely exploded due to some accidents, and the crisis will continue to spread over time. I think that even if the Bush administration launched the savings and loan bank rescue plan, it would be difficult to get through the savings and loan crisis in a short time. Tang Bao shook his head and said, and then continued: "Citibank, for example, has performed well in its financial performance so far, and there seems to be no sign of being implicated in the crisis of savings and loan banks...... However, after a while, I am afraid that it will not be spared. Citibank is in the same situation as many large financial companies, and when these behemoths fall into this quagmire one after another, this savings and loan bank crisis will develop to its peak. ”

"Uh."

Horst was stunned for a moment, stunned by Tang Bao's words, to be honest, this was very different from the savings and loan crisis situation he imagined in his heart.

"Boss, are you too pessimistic?"

"Pessimistic...... I feel like I'm very optimistic. The vast majority of those affected are small savings and loan banks and community banks, and everyone thinks that the collapse of 180 of these small savings and loan banks is a trivial matter. Perhaps, only that kind of stormy, devastating crisis will make them panic and despair. Tang Bao sighed, "Look, even if the Bush administration comes up with a rescue plan to calm this storm, it will take three or five years." And the rescue plan will probably cost hundreds of billions of taxpayers' dollars! ”

……

"However, none of this has anything to do with us, there is no need to worry about it, this is a headache for the US government. Moreover, the crisis of savings and loan banks will create more investment opportunities for us, and we should be glad to have such an opportunity! Tang Bao said with a smile.

on this.

Horst and Nick have a deep understanding, and they both know that Tang Bao has relied on key gambles in economic crises to grow himself quickly.

"Without this savings and loan crisis, we wouldn't have had the opportunity to buy Citibank's shares, maybe we could absorb Citibank's shares from the stock market, but at least the cost of investment would be much higher." Thinking that Citibank is developing along the track of history, Tang Bao is in a very good mood.

Past.

Citibank was on the verge of bankruptcy, but it was Saudi Prince Alwaleed, who poured hundreds of millions of dollars into Citibank to save the bank. Of course, Alwaleed's ventures have paid off spectacularly, not only in terms of wealth, but also in terms of fame around the world.

And now.

Tang Bao seized this opportunity. Not to mention the opportunity to steal Alwalid, at least a piece of the investment in Citibank.

"Hmm."

Mrs. Annette and others nodded in unison, and after the outbreak of the savings and loan bank crisis, bank stocks were implicated regardless of the disclosed financial performance and profit expectations, and the stock prices fell by different magnitudes. Even Citibank, which is as strong as Citibank, is not immune to the decline in stock prices.

If there is a complete certainty that Citibank will survive this crisis, then the investment cost of absorbing Citibank's shares at a low price at this moment will undoubtedly be greatly reduced.

But.

In case Citibank doesn't make it. That will turn into the stupidest investment because you spend a lot of money and buy a bunch of waste paper.

"Don, if you hold too much Citibank stock, it's hot, especially for you. My suggestion is that you buy less than 10% of Citibank's shares, which just circumvents the Federal Reserve's scrutiny trigger. For now, though. Citibank's financial performance is still very good, and even if it wants to acquire a 10% stake, it will not be easy. I'm afraid Citibank won't be willing to sell so much equity. As a result, your troubles may come more from within Citibank. Are they willing to accept you on the Citibank Board of Directors? Mrs. Annette reminded.

Inside Citi?

Tang Bao couldn't help but laugh silently. Citibank is still in the limelight, but who would have thought that this glamorous multinational banking giant would fall to the brink of bankruptcy. The so-called tree fell and scattered, in the past life. Citibank's shareholders saw that Citibank was getting worse, and instead of bailing out, they quietly withdrew their capital and fled. And some people who hold shares in Citibank. They were also afraid that Citibank would go bankrupt and sold their stocks one after another.

Therefore.

There will be no obstacle to entering the board of directors of Citibank, on the contrary, when Citibank is on the verge of bankruptcy, Tang Bao will come over with a check, and it will be too late for the other party to welcome him, how can he refuse.

"Citibank is certainly not a problem, as long as they can't raise enough money, they will definitely make concessions. Therefore, I want to try to block Citibank's access to funding, at least, in the short term, Citibank will not be able to get any funds from Phoenix Investment Group. Tang Bao said with a smile.

As for Alwaleed...... If that's right, he's already quietly starting to buy Citibank shares in the stock market.

"Perhaps, we should talk to him." Tang Bao thought to himself. Citibank was on the verge of bankruptcy, and no consortium or investment institution was willing to help, and even Citibank shareholders quietly sold their shares and fled in a hurry...... In this most difficult situation, only Alwaleed made a move. As long as there is a joint agreement with Alwaleed to inject some capital into Citibank, the benefits outweigh the disadvantages for both men.

The conversation about the conspiracy with Citibank lasted for several hours and did not end until about 9 p.m., and there was no shortage of overtime employees in the Phoenix Investment Group.

……

"$330.18, buy 3,000 ounces!"

"$329.13, buy 750 ounces!"

"$329.88, buy 15,600 ounces!"

"$329.96, buy 270 ounces!"

"$329.59, BUY ......"

"US$320.01,......"

……

"$318.90, buy 15,000 ounces!"

Call.

After the last futures were closed, Legge and the others were all relaxed, but they also showed tired smiles. This futures war lasted for nearly half a year, and at the same time, Legge and others have been nervous by the trend of the gold futures market, and their spirits are highly tense and really tired.

But.

Seeing the number on the account, Legge suddenly felt refreshed, and all the effort was worth it. (To be continued......)