Chapter 112: The grudge between Goldman Sachs and BP
Leaving the place where Tang Bao and the others were staying, Wagner couldn't help but speed up his pace and rushed over, grabbed a nearby waiter and asked in a deep voice, "What happened?" ”
The waiter didn't dare to slack off, and briefly told the story of the incident.
"Alright, you get this place cleaned up."
Looking at the shards of glass on the ground, Wagner whispered to the waiter.
Knowing that it was just a customer who accidentally knocked over the waiter's drink, Wagner's tense nerves suddenly relaxed, but fortunately it was just a false alarm.
There were many important celebrities at this banquet, and if something went wrong, he couldn't imagine the consequences......
He will definitely be a laughing stock!
Call.
Wagner gently exhaled a sullen breath in his heart, don't look at the scenery of holding a large banquet, but it also consumes a lot of effort and energy.
Then.
I saw a man holding a tissue and constantly wiping his sleeves, his face was gloomy, and he seemed to be in a very bad mood. Then he walked to his seat not far from Wagner, and because he was rubbing his clothes with his head down, he did not notice Wagner's arrival.
See here.
Wagner suddenly realized that this person was the customer who knocked over the waiter's drink, and it was a guy he knew very well, so he leaned over with a smile: "Hey, Harrison, you're not hurt, are you?" ”
"It's fine, it's just that I spilled my drink and stained my evening dress......" Harrison only slightly tilted his head and continued to carefully wipe it with a tissue.
"Hey, hey. No more wiping, nothing dirty. Wagner smiled and persuaded, knowing that Harrison was a little clean.
"Damn. How could I be so unlucky. Wagner, can you find new clothes here, I want to change them again......" Wagner didn't mention that he didn't feel anything, and as soon as he finished speaking, Harrison suddenly felt uncomfortable, thinking about changing his clothes as soon as possible.
"Uh. Why don't you go to your room and take your clothes off and take them to dry cleaning? Wagner suggested.
"Yes."
Harrison didn't want to come down.
Just got up.
A man walked up. Blocking Harrison's way, he said, "Mr. Harrison." I'd like to talk to you about ......."
See someone coming.
Harrison couldn't help frowning, and said with some impatience: "Rogge, with all due respect, your request has seriously damaged Goldman Sachs' interests. I can't say yes...... Alright, now please let me go, I'm going to solve some minor problems. "Recently, Rogge has been running to visit him almost every day, which is really annoying, I thought that attending this party today would be able to temporarily calm down for a day, but unexpectedly, the other party also came.
Harrison.
A senior partner at Goldman Sachs, his only recent job has been arranging large deals for the Kuwait Investment Authority. Accelerated increase in holdings of BP oil company in the United Kingdom. The Twitts are very generous and the promised commissions are very exciting, so they are also very motivated.
Of course......
Goldman Sachs' actions have caused displeasure with BP Oil. Soon received a serious warning from the other party. But so what?
Last year.
Goldman Sachs Group also participated in the underwriting of BP oil company shares, but because of the stock market crash, the shares underwritten by Goldman Sachs Group have not been sold much, and the stock price has plummeted rapidly, and Goldman Sachs and other underwriters are facing hundreds of millions of dollars in losses. In order to recover some of their losses, they had asked for a force majeure clause. Cancel the underwriting transaction. But this claim can only be made in London by underwriters in the UK! However, despite the large number of underwriters in the UK. However, the number of shares underwritten is one-tenth of that of their American counterparts, so British brokerages are not in a hurry to apply for force majeure clauses, for which Goldman Sachs and other American underwriters have paid some benefits to persuade the other party. Mended...... The British government and BP Petroleum secretly interviewed the London brokerage company out of self-interest, and then the British brokerage claimed that the deal had been completed and that the losses should be borne by the stock underwriters.
For this.
Goldman Sachs and other American underwriters have had some disputes with BP Oil in the United Kingdom, and the relationship between the two sides has not become so harmonious.
The end result is naturally that underwriters such as Goldman Sachs have piled up a large number of shares of BP Oil, and if they have not been able to sell them, they will not only fail to make a penny in the end, but may also face heavy losses. That's when the Kuwait Investment Authority came along and saved them by acquiring their stacked shares at a rather attractive price. In the end, a deal was given to them.
BP Petroleum was their former partner, but the relationship was not harmonious; The Kuwait Investment Authority, the wealthy man in the Middle East, is now one of Goldman Sachs' largest clients.
How to choose?
Harrison naturally understood in his heart.
"Whew......" Hearing Harrison's unceremonious words, Rogge's face was slightly gloomy. But in order to solve the company's predicament, he held back this sulk and was still making his last efforts. "Mr. Harrison, your insistence on helping the Kuwait Investment Authority acquire shares will result in the loss of more business in the future."
"You threaten me?"
Harrison stared at Rogge coldly, his tone unkind.
Belch.
At this time, Wagner was also taken aback by this tense atmosphere, and if it continued like this, perhaps the two would start arguing and mess up tonight's banquet.
"Hey, everyone, calm down, why don't you sit down and have a drink first." Wagner stood in the middle and suggested.
“……”
Wagner came forward, and although Harrison didn't want to continue talking nonsense with Rogge, Wagner's face had to be given, so he could only nod slightly in agreement. And Rogge is naturally very happy, secretly grateful to Wagner for creating such a good opportunity for him.
After taking a seat one after another.
"You guys talk slowly, I'll go next door and have a look, if there's something, please call me at any time......" After arranging Harrison and Rogge, Wagner stood up and said. He knew that the next thing the two of them were going to talk about would involve the trade secrets of Goldman Sachs Group and BP Oil, and it was obviously inappropriate for him to stay and listen.
……
Harrison sat there silent, agreeing to sit down and talk, not because he really wanted to continue the conversation with Rogge, but just to give Wagner a face.
"Mr. Harrison, you should understand that it would be unwise for Goldman Sachs to help the Kuwait Investment Authority increase its stake in BP Oil. Is it worth it to go against BP for the sake of the Kuwait Investment Authority? Rogge said as he organized the language in his head a little.
"No, no. We didn't have the idea of embarrassing BP Oil, it was just a normal business, and the Kuwait Investment Authority paid us a commission and we bought the shares for them. Harrison shook his head and corrected Rogge's words. Well...... If BP pays for it, we don't mind helping you recover the shares. It's just pure business, it's as simple as that. ”
"Well, even if it's business. But I don't think it's a good business. ”
"Whether it is a cost-effective business, we Goldman Sachs Group have its own evaluation standards, so we don't have to worry about Mr. Rogge." Harrison shot back coldly.
on this.
Rogge feels very powerless, for ordinary investment institutions, they can use the name of BP to scare each other, but for Goldman Sachs Group, which has a complex relationship and an unfathomable background, this trick is not good at all. Goldman Sachs simply didn't care about their so-called warnings.
According to intelligence information.
Rogge is aware that Goldman Sachs has been in intensive contact with several fund houses that hold shares in BP Oil, and if they succeed in acquiring these shares, the Kuwait Investment Authority's stake could increase to more than 25%. There is a big posture to buy the British BP oil company in one fell swoop, the Kuwait Investment Authority has money, and Goldman Sachs Group, Morgan Stanley, etc. have ultra-high operating capabilities, and it is only a matter of time before they really want to buy.
"Mr. Harrison, I would like to remind you that the British government is intervening in this matter. There is no point in your massive increase in shareholdings! ”
"That's not what we're thinking about. Goldman Sachs is just playing according to the rules of the game...... "The relationship is not good, and I don't care about offending one more time."
As for whether it will lose the British market because of this.
Goldman Sachs doesn't have to worry about this problem at all, and when they get into trouble, the U.S. government will clear the way for them. What's more, only a few senior partners such as Harrison have come forward to help the Kuwait Investment Authority this time, and if the British government insists on this matter, Goldman Sachs can send other partners to deal with the British government......
So.
Goldman Sachs has already thought of countermeasures, and there is not the slightest concern.
……
"Hoo ......"
The negotiations went on for more than twenty minutes, and the banquet had begun, but Rogge did not make any progress. Harrison made it clear early that they only recognize dollars, and whoever pays them dollars, they will help. And the British BP oil company, which is in trouble, just can't get something to attract Goldman Sachs and pull it here!
Maybe.
Rogge also knew that because of the stock underwriting, the two sides had a very unpleasant quarrel, and it also laid hidden dangers for today's situation early.
"Mr. Harrison, I hope that Goldman Sachs will carefully consider the attitude of BP Oil." Unable to convince Harrison, Rogge was really disappointed, he felt that there was no point in staying, so Rogge got up and took his leave.
Harrison just nodded, not saying anything.
……
"Wagner, trouble solved?" Seeing that Wagner didn't take long to turn back again, Tang Bao asked with a smile.
"Uh. Sort of! ”
Wagner replied. Remembering the scene when Harrison and Rogge met, he was not sure if the two would be able to live in peace.
"Andya, I finally understand that your father doesn't want to attend this banquet."
"Huh? What's going on? ”
Andya asked in surprise, to be honest, he really didn't know why his father was absent from the party, he explained that his father had something to do, in fact, his father was staying at home leisurely at the moment. (To be continued) R466