Chapter 138: Kaminarimon Bankruptcy (3)

"The Kaminari Brothers screwed up, and it's completely over!"

Still in the middle of the room, Paulson sat in a more comfortable position, with his legs on his back, his head tilted forty-five degrees, staring at the ceiling above, his face frozen, without a trace of emotional fluctuations, as if he was not talking about a major event that caused a global sensation.

“……”

John. Sain didn't answer, and his heart was even more anxious. He didn't understand Paulson's true intentions, although everyone knew that once the Kaminari brothers fell, it was very likely that Merrill Lynch would be next. He knew what Paulson was trying to say, but he didn't know what kind of help or influence the Fed or the Treasury might have on the deal.

"The Fed doesn't plan to open the discount window to the Kaminari brothers anymore!"

Paulson was still in the same position, and in fact he didn't count on John. What can Sain say, for the current CEO of Merrill Lynch, his feelings are a little complicated: on the one hand, this guy used to be the CEO of the New York Stock Exchange and successfully brought the exchange back to life; But on the other hand, even if he is famous, I am afraid that he will not be able to save Merrill Lynch with his own strength.

The 9.9% stake sale was his stubborn resistance. The problem is that the Bank of America does not accept this proposal, and they want to take Merrill Lynch for themselves. Paulson though was annoyed with Ken. Lewis's repeated attitude, but at this time, he had to act as a lobbyist for the whole deal, so as to prevent more financial institutions from being involved in the bankruptcy turmoil.

"If the discount window continues to be opened to the Kamemen brothers, then their inferior assets will appear on the Fed's collateral list. In other words, the risk in the market shifts from Kaminman Brothers to the Fed, which creates a huge passivity for the Fed. Moral hazard is something we have to consider. ”

Paulson patiently explained, "Both Chairman Bernanke and Vice Chairman Geithner have communicated with me on this point. Agreed with each other. As a result, the Kaminari Brothers' last source of financing has also been closed. ”

John. Sein nodded silently, still not saying anything.

"In the same way, the discount window is also closed to Merrill Lynch, so we can't favor one over the other, right?" Paulson's next words made John. Sein smiled bitterly, "Tomorrow will announce the news of the bankruptcy of the Kaminari brothers." At that time, the whole market will definitely be in an uproar, and Merrill Lynch's stock price will be under tremendous pressure. If I'm right remembering, your stock price has halved by at least half this year. ”

“75%。” John. Sein knew he was finally getting to the point, "Mr. Minister, I understand what you mean. My colleagues and I have been working hard to save the company, and at least three groups have expressed interest in us, and we are actively negotiating with them. ”

"Among these three groups, including my old employer, Goodman!"

Paulson's expression finally changed. He lowered his head and looked straight at John. Sain, smiling, "Someone sued me that Goodman was in contact with you and offered very generous terms, is there such a thing?" ”

"I know I can't hide it from you!" John. Theon muttered something quietly, not daring Paulson to hear. Then he said solemnly, "That's true. Goodman was very interested in our brokerage and private equity parts, and they wanted to buy them separately, but I denied them. Now we are in contact with them and hope that they will be able to take a stake and provide liquidity. ”

"That's true!"

Paulson patted his head with a slightly odd expression, and then said a passage that made John . Sain was taken aback. "John, did you know that Goodman also stepped in to the rescue of the Kaminari Brothers when they were looking around for a buyer in the market? Kaminari had commissioned Goodman to find a buyer in the market, but the Goodman brothers were interested in buying Kaminari, and even offered a lot of money for it. Definitely more generous than what is currently promised to you. ”

"Is there such a thing?"

John. Sein's mouth was wide open enough to fit a fist, "But why didn't Goodman appear on the list of acquisitions?" ”

So far, only Bank of America and Barclays Bank have revealed their intention to acquire Kamison Brothers, but Bank of America is secretly communicating with Merrill Lynch and will soon withdraw from the list of candidates for the acquisition. Barclays, as the only buyer, was denied by the British Financial Services Authority when everything was reached, and it lost all the money by accident.

From beginning to end, John. In this huge rescue team, Sain had never heard of Goodman's intention to buy the Kaminari brothers, so it was no wonder why he was so surprised.

"That's Dick. Fude is smarter than you! Paulson gave him a meaningful look, "Let's talk about the benefits Goodman has promised you." If they don't promise you great terms that break the mold, with your shrewdness, I'm sure you won't be blinded by this little trick, after all, you have also been at Goodman for decades, and you should be familiar with their set. ”

"Yes, greedy, cunning, scheming, unscrupulous......" John. Sain shook his head with a wry smile, and words popped out of his mouth, but the next moment his words came to an abrupt halt because he realized that the US Treasury Secretary in front of him had risen from the position of former CEO of Goodman & Co., which seemed inappropriate. Thinking like this, he quickly changed the topic, "Yes, Henry, they did give me very good conditions: I will continue to be my CEO after the acquisition is successful, and I will be responsible for the operation of New Merrill Lynch." ”

As he spoke, he carefully watched Paulson's face to see if the other party had any bad feelings because of his earlier remarks. But Paulson's expression didn't fluctuate at all, which made his heart settle down a little.

"So Ken. Lewis ......" Paulson closed his eyes and thought in his heart for a long time, his heart had already measured, and when he opened his eyes again, he hit the nail on the head, "Is Bank of America planning to make a major change in the current management?" Your position as chairman of the board of directors will be lost after the reshuffle? ”

"Exactly!" Sein's expression was a little embarrassed, his own selfish caution was shattered, but he quickly returned to normal. After all, people don't kill for themselves, "I think Goodman is more suitable to be our shareholder than Bank of America, after all, they are in the same industry." ”

He said it with all his might, as if he was looking for another excuse for his selfish behavior. But it's clear that Paulson doesn't accept that argument," John. You know Dick. Why didn't Fude and his team accept Goodman? It is believed that if Goodman buys the Rehman brothers, they will definitely leave the position of chairman of the board to Dick. Fude, but why didn't he accept it? ”

"Because the so-called acquisition is fake, it is the acquisition of their position in the capital market that is real!"

Not waiting for John. What Sain said, Paulson threw a bombshell with what he just said, "Long-term capital management, Enron Energy, no withering fund...... Maybe you don't know, but I know it. They're forming alliances with hedge funds to snipe at institutions in the market that are in trouble or exposing their positions. Bear Stearns: I don't know, but the snipers of the Thundermen brothers they must have been involved. Throwing an olive branch to you now may be the next step in sniping at you. ”

"This ...... This ...... "John. Sein trembled with horror, his face turned pale, and sweat rained down, "How is this possible?" It's impossible! ”

"Why can't it be?" For John. Sain's reaction was also a slight surprise to Paulson. It seems that the other party may really not know, "Have you ever thought about it." Kaminari Brothers' today is your tomorrow, does a bankrupt company still need a chairman of the board of directors? If you do miss out on the real buyer, I'm sure even if Goodman gives you a promise, you won't be able to make it happen. ”

"Goodman is taking advantage of the fire!"

Paulson finally concluded, thought and thought, and added. "More shameless than the British!"

"But you're ......," said John. Sein was silent for a long time, but finally said, "Mr. Minister, aren't you the former CEO of Goodman?" Why are so many secrets being revealed to me today? ”

"I'm the Secretary of the Treasury of the Federal Government of the United States of America!" Paulson was righteous, solemn and solemn. But then he changed his mind and tactfully persuaded, "John, the security of the American market and financial system depends entirely on you. Whoever the buyer is, make sure to reach an agreement by tomorrow. ”

Looking at Paulson with a sincere face, John. Sein was so stupid that he couldn't say a word for a long time.

……

At six o'clock in the morning of the 15th, Hong Kong time, Zhong Shi was running accompanied by three bodyguards.

In addition to the three bodyguards, there was a Mercedes-Benz SUV following unhurriedly behind the group, which was a peripheral force to provide support at any time. There were three men in the car, armed with loaded guns, looking around nervously. Although the gun in their hands is only a shotgun issued by the security company, this car is a top-level bulletproof car, plus solid tires, it can accelerate in less than six seconds, and can escape at the fastest speed.

After jogging for half an hour, Zhong Shi wiped the fine beads of sweat from his forehead and sat down on a stone pier at the top of the mountain. Today's workout is almost over, and the bodyguards hurriedly stepped forward, handing water to those who handed water, and towels to those who handed towels, with a posture of careful service.

"Zhong Sheng, you have a phone!"

Before he could take two sips of water, a black-clothed bodyguard came from a distance, handed the mobile phone to Zhong Shi, and said respectfully.

During the training time, Zhong Shi would not answer the phone, even when the chief executive called. Zhong Shi took the phone and looked at the number, very unfamiliar. Click on the voicemail again, and a voice immediately sounds:

"Mr. Chung, I'm John. Mark, Chairman of the Stanley Company, has a deal right now, I wonder if you're interested? If you are interested, please reply to me as much as possible. ”

It turned out to be him? Zhong Shi buckled his phone, and his brain began to spin rapidly, "What did Stanley find him for?" If I am not mistaken, there have been several frictions between the two sides, and there are a lot of historical grievances, and the current chairman actually took the initiative to call himself, what is this for? ”

Whatever the reason, what Bell Stone can conclude is that John. The deal Mark wants to make with himself is definitely not small, because a trade that is too small will definitely not make John. Mark himself stepped forward.

So he decided to call.

"Hello, Mr. Zhong!" John. Mark's tone was unusually polite, "Thank you very much for calling back, I've always admired you for a long time, but it's a pity that I haven't had the fate to meet each other, it's a pity!" ”

The oriental-style set was almost suspicious, Zhong Shi was suddenly suspicious, but since the other party refused to say what he meant, he was also happy to talk nonsense with the other party, "Mr. Mark, I also have an extremely deep impression of you and your company, especially some people, like some former CFO and the like." ”

"It's all a misunderstanding, it's all a misunderstanding!"

John. Mark secretly complained. (To be continued......)

PS: The author has come back to continue to update~ At the end of the month, continue to work hard~ Thank you for the book friend Yan Yantou these days, by Z Jia, not very fat sheep to vote for the monthly ticket! Thank you for the heavy reward of the book friend Fire Dance Crazy Sand 2! Thank you all for supporting this book~!