228、Reasons for Going to the United States (continued)

The idea is good.,But the reality is still cruel.,Too many interruptions in the line of thought.,I can only come slowly.,Will update but very slowly.,Forgive me (definitely won't be a monthly update)!!

The following text:

Just when Wright was thinking about it, Li Chong followed Louis to the headquarters of JPMorgan Chase, looking at the building located at 270 Park Avenue in New York in front of him, Li Chong had some unreal feelings, this is one of the largest financial institutions in the world, a symbol of legend, Li Chonglai did not think that he would one day intersect with it.

"Steven, come on, Wright is already waiting for us in the conference room." Louis said as he looked at Li Chong, who was standing still.

Looking at Wright sitting in a daze in the conference room through the glass, Li Chong originally had some thoughts about teasing him when he went upstairs and suddenly dissipated, Li Chonglai never contacted any of them after graduation, Li Chong's focus has always been on making commercials, trying to squeeze into the film industry, and creating happiness for his beloved, as for the rest, he has no time to think, let alone care. Seeing Wright at this time, Li Chong actually felt a little overwhelmed.

Louis doesn't have as many feelings as Li Chong, since he has arrived at the place, of course he has to do the right thing, after all, every day the situation changes, and just now, Louis got a speechless inside news, Lehman Brothers is about to hold a press conference to announce that he is about to file for bankruptcy protection, and the CDS in Li Chong's hand is even more valuable. Louis went straight into the conference room, "Wright, Steven has arrived, did you bring Wen Jiàn?" ”

Wright heard someone open the door and turned around, just in time to see Louis and Li Zhong standing outside the window, Wright stood up, a little trembling, and a little unconvinced, and said, "Steven?" ”

Li Chong walked in, and then looked at Wright with a smile, "Wright, are you okay?" ”

Wright suddenly punched over, Li Chong didn't make any movement, Wright's fist hit Li Chong's chest hard, Li Chong shook it slightly, "You dead boy, where have you died in the past few years, I called your mobile phone and the phone was down, no one answered the email, I went to the school to check your home address and told me that I have no one to live there anymore, you are like missing, I thought you went to heaven!" Wright said with some red eyes.

Li Chong really didn't know what to say at this time, what could he say, saying that after he went back, he was thinking about how to mix in the entertainment industry, didn't he think about Wright at all? Said that he served in the military after being injured in love, and the contact information in the address book was lost when the mobile phone fell into the sea? Or do you think about them every day, but you don't contact them for some special reason. The first two are true, but it's hard to say, and the latter one sounds fake, and Li Chong won't say it.

Just when Li Zhong didn't know what to say, Louis couldn't look at it, what he hoped now was that before Wright knew that Lehman Brothers filed for bankruptcy, he would quickly sign the transfer contract, otherwise he would have to spend a lot of dollars more for this pile of CDS, "Wright, Steven is already in front of you, he can't run, you will have time to catch up, now we should sign the transfer contract!" ”

Louis's interjection temporarily alleviated Li Chong's embarrassment, "Wright, you are in charge of this, if you think it is appropriate, you can sign it, and I will authorize you." ”

Rythe was a little excited, let Li Zhong sit aside, then took out a copy of the document from his briefcase, turned to Louis and said, "Mr. Louis, please allow me to introduce the current situation and the assets in his hand to my client first, and then we are talking about this transaction, after all, there are some things that cannot be rushed now, and my client does not know what he has in his hands at all, even if you have told him before, I will make him forget it." After all, Wright has been in this circle for so many years, and there are some things he knows better than anyone else.

Louis looked a little displeased, but he didn't say anything more, now is not the time to argue, and Wright's background still makes him very scrupulous.

"Steven, you may not know what the matter is yet, I'll talk to you first, and then you make a decision, your own decision, don't take into account the feelings of others, including mine." Wright moved into the role of a professional stockbroker. "Steven, let me start by telling you how this money came from. In 2004, the shares in your name were converted into the original shares of the Internet company, and I helped you make a decision without contacting you. As a result, in 2005, the Internet company was acquired by Google for $30 million, and you sold 30% of your shares for $9 million. At that time, I wanted to contact you and ask you what to do with the money, but I didn't contact you using various methods, and finally I decided to take out my dividends, and then take out 2.65 million for a total of 4 million as stocks, and the remaining 5 million US dollars were bought for you CDS, in 2005, CDS was still a stable financial product, but the yield was not too high. ”

Wright watched Li Zhong listen all the time, and continued: "In 2006, I originally wanted to use this money to be a CDO, because although the income of CDS has begun to rise at this time, it is still far worse than that of CDO, but at this time, my uncle told me that I should stick to CDS, and also suggested that I put my own part into CDS. I've been investing with my uncle for the past few years, and some of his investment ideas have had a big impact on me, so I ended up buying you the only CDS issued by JPMorgan Chase. With the onset of the economic crisis, the revenue of CDS has grown like crazy, and when I went to Las Vegas a month ago, it was worth $40 million, and the day before yesterday it was worth $120 million. ”

Although he knew that a big pie would fall on his head when he came to the United States this time, the pie of more than $100 million still made him unable to distinguish the direction.

Wright picked up the already cold coffee and took a sip, "That's just the price the day before yesterday, and the current price should not be less than $240 million." ”

Louis had been listening, and he had to admire the luck of the two young men, if Li Zhong had left the stock that was not as good as the waste paper, they would not have waited for the privatization of the Internet company; If Wright hadn't converted that stock into original shares, but had sold it, they wouldn't have waited for Google's acquisition; If Wright had bought this money into the CDO instead of the current CDS, maybe they would still have a pile of waste paper now, and the opportunities in life are really amazing!

However, at this time, Louis heard Wright say that the CDS was worth $240 million, and he knew that Wright already knew about Lehman Brothers' filing for bankruptcy protection, and now JPMorgan Chase urgently needed to collect the CDS issued by himself to deal with the financial crisis.

"Wright, Mr. Louis is nice to me, if there are no major problems, let's make a deal! As for the price, it's up to you to decide, after all, the money is earned by you. Li Zhong basically understood what he meant, and it was similar to what Louis said, except that Louis did not explain why he was so eager to make the acquisition.

Wright turned his head, "Mr. Louis, since my client agrees to the transaction, then I will not object, but you should already know about Lehman Brothers' bankruptcy protection, once this news is announced, the value of CDS will at least double or even double on the original basis, so you look at this price......"

Wright didn't speak again, but gave Louis time to digest, Wright's purpose is obvious, the current price is not $120 million to pass away, even if it doubles, it's not much, Wright is directly asking for $300 million, Louis will grit his teeth and agree if he thinks about it.

Louis now really regrets that he didn't take all the CDS back in one go, but left this little tail, and now the 30% of the CDS is more expensive than the 70%. "Wright, Steven, let's put it this way, if you asked me to take out $300 million a month ago, I wouldn't have frowned, but not now, our company's cash is now centrally managed, and you know that the investment banks on Wall Street are all heavily indebted and can't move an inch, so it's a good time for us to merge and acquire, so I can't give you that much cash. Of course, I'm not going to let you lose, so I'm going to give you some cash plus some of the shares that we'll invest in other companies, what do you think? It's going to be worth more than $300 million. ”