Chapter 455: To each according to his needs
"Look~ That's why I insist."
Roland waved the document in his hand and said with a smile: "If I don't insist, then won't I be cheated by you?" ”
"Tricked by us? Why do you say that? ”
Although Henry Paulson knows what Roland is talking about, he will not admit that the conversation is a set, "Since you have always said that the exploitation of shale oil has nothing to do with you, then the next step, of course, is that we will talk to them about business, so I can only tell you that it is not impossible to let the donkey party loosen their mouths and open up the exploitation of shale oil, but at the same time as the release, they must pay the price and give us a satisfactory return, otherwise, why should we agree?" ”
The act of opening his eyes and talking nonsense, Roland couldn't stop smiling.
Under his gaze, the faceless guy is not cowardly at all.
Taishan collapsed in front and his color remained unchanged, and the elk's performance on the left and his eyes did not change his eyes, and after humming twice, he was too lazy to entangle and bowed his head again and flipped through the Chinese documents.
What is reciprocal negotiation?
What satisfaction returns?
Isn't this all bullshit?
With Roland emphasizing that shale oil has nothing to do with him, why did Henry Paulson put the topic aside in the first place and forcibly bring in Goldman Sachs' interest in Warcraft Films, Blizzard Capital, and Overwatch Ventures?
That's not to confuse the two things!
If Roland is very ambiguous on these issues, then of course he will strike while the iron is hot, make persistent efforts, and use shale oil projects as a demagoguery, and strive to bite into these projects first.
After all, they, Goldman Sachs, are only now gaining the upper hand, and it is Roland and Little Bush who are begging them for help!
But if Roland's attitude is very tough, then ......
Just like now, get back to business.
'Old fox! ’
After scolding in his heart, Roland, who understood that it was useless to complain, quickly entered the negotiation state, and after carefully taking a few glances at the requirements and accompanying information made by the other party, the context of the matter was clearly presented in front of him.
As mentioned earlier, when Goldman Sachs officially entered the state of joint management of partners in the 90s, the chairman of Goldman Sachs became a springboard.
Especially after the current chairman of Goldman Sachs, Robert Rubin, overturned the "Banking Act of 1933", which separated investment banks and commercial banks, Goldman Sachs' position in the financial industry is incomprehensible!
Even Morgan can't compete with it!
Because Morgan was in the bull beep, he could only comply with the bill to divest the securities underwriting business and the investment business!
Because Morgan is in the cow beep, they can't make the mixed business a reality again!
And what about Goldman Sachs?
Kill all the way from Wall Street to Washington, and finally push Congress!
With this kind of merit, Wall Street, it is equivalent to their family!
And the idea that Jews control the American economy is spread all over the world because of this shocking case!
However, Goldman Sachs' glory did not last.
When Little Bush came to power, he did not replace Lawrence Summers, a disciple of former Goldman Sachs chairman, as US Treasury Secretary, but replaced him with one of his own, Paul O'Neal.
And this guy, who looks like a combination of CP3 and a big shark, is actually a person from the military-industrial complex.
Born in a military family, he has been dealing with the military industry all his life, he served as a director of the RAND Corporation in charge of homeland security, and later, he also served as the chairman of the board of directors of Alcoa.
Or, in other words, contrary to the direction Wall Street wants.
Because—
He refuses to use the weapon of the exchange rate and rejects the policy of a strong dollar.
"What does that mean?"
Roland, who didn't understand it for a long time, naturally asked Henry Paulson for advice.
And the bald head didn't hide the meaning of tucking it, and said directly:
"The meaning is simple, limit foreign investment.
In the past, when the strong dollar policy was implemented, with the appreciation of the dollar, we investors were able to buy foreign bonds and stocks at lower prices, and if foreign investors wanted to enter our home market, it would be extremely difficult because of the high exchange rate, and it was precisely because of this barrier that we were able to invest frantically in the 90s.
But when the dollar weakened, it was the other way around.
As the exchange rate falls, the cost of our access to foreign markets will become higher, and foreign investors will be able to buy our assets at lower prices, and there will be a global inflow of money into the United States.
In this way, our interests will be damaged. ”
It seems that he feels that his description is not clear enough, but he feels more like that Roland, a guy who has not even finished elementary school, may not know the stakes, so after pointing out the impact of the dollar policy on Wall Street, he added another sentence and said the positive aspects of this policy, "Not only that, but the weakness of the dollar is also supporting export trade."
Because at the time of the implementation of the strong dollar policy, the products produced by our domestic companies were inherently unattractive.
For example, when the exchange rate of the U.S. dollar against the Japanese yen is 100, a U.S. dollar product is 100 yen for Japan.
But what if the exchange rate falls to ninety?
For a dollar product, for Japanese consumers, that's 90 yen.
In this way, it will theoretically stimulate Japanese consumers to buy our products.
Similarly, when the exchange rate is one hundred, a thousand yen for a product for the American consumer is ten dollars.
But when the exchange rate reaches 90, American consumers will have to spend 11.11 US dollars to buy the same goods.
In terms of trade, the advantage of Japanese consumer goods will decline.
Of course, this is only the simplest calculation, and there are more problems in the operation, but even if it is a simple calculation, you should be able to see what kind of company needs the depreciation of the dollar, right?
Anyway, from our point of view, a depreciation of the dollar is not good for the US economy.
From the standpoint of trading companies, the competitive devaluation of the dollar is good for the US economy. ”
Roland understood.
Scratching his chin, he said, "Exchange rate war? ”
“Yeah!” Henry Paulson didn't hide it and nodded, "It's like it was operated after the Plaza Agreement." ”
That's right! The United States routinely considers other countries currency manipulators, accusing them of obstructing effective balance-of-payments adjustments, intervening in the foreign exchange market, and gaining an unfair competitive advantage in international trade......
The United States is the world's largest currency manipulator!
Let's take the exchange rate war between the United States and Japan as an example-
In the 80s, Japan held a trillion U.S. treasuries, and at that time, the exchange rate was 1:500.
That is, Japan spent five trillion yen on a trillion dollar government bonds.
After the Plaza Accord, the United States demanded that the yen appreciate, which led to the depreciation of the dollar, and when the exchange rate reached 1:100, the United States only needed to spend 100 trillion yen to pay off a trillion dollars in debt!
Where did the remaining 400 billion yen go?
Hehe......
Of course, that's not really the core.
Because when the yen appreciates, countless capitals choose the yen as a safe-haven currency.
At an exchange rate of 1:500, their $10 billion can be exchanged for 5 trillion yen.
And when the exchange rate was 1:100, they exchanged the five trillion yen in their hands for five billion dollars.
Where did the four trillion yen go?
Hey, hey, hey......
However, the really disgusting place is to be a bitch and set up an archway!
When Japan's 400 billion yen disappeared into thin air, the United States continued to accuse Japan of manipulating the exchange rate.
Why?
Because this is not the depreciation of the dollar, but the appreciation of the yen!
And what does a stronger yen mean?
It means that those Japanese capital can buy more American assets at a smaller price!
You depreciate, you are engaging in malicious competition in international trade!
If you appreciate, you are consciously embezzling our assets!
No solution!
Again, if you fall behind, you will be beaten.
Why should I rob you?
Because you're weak!
Of course, even if he knows all this, it doesn't mean that Roland will have any thoughts about the exchange rate as a weapon, because he understands that this thing is not what he is qualified to play now.
And after figuring out the key point, a question also popped up in his mind.
"When you get the position of finance minister, you don't want to regulate the market price of crude oil through government pricing, right? If you want to disgust them with this means, then ...... I don't think they'll agree. ”
Roland's question made Henry Paulson laugh, "Government pricing? No kidding!
We have no contradiction with energy companies! ”
“What?”
Roland couldn't understand this statement, "There is no contradiction? Then why are you blocking it?
Don't tell me that you really want to be green......"
“Oh! Oh! Oh! ”
Roland's stubborn attitude made Henry Paulson chant repeatedly, waving his hands in the air for a moment, and then he arrived: "No...... The reason we block it is simply for more power.
At the same time, we also hate the fact that they wantonly squeeze our profits for the sake of their own development. ”
"Ah~" Roland knew in his heart.
The reason why the donkey party is holding on to shale oil is not because they do not understand how much shale oil stimulates the US energy market, but because they do not benefit from this stimulus.
You go to great lengths to promote a bill, just to let the capital behind you monopolize a 100 billion, trillion-level market?
When power is split in two, you won't let me drink the soup?
Aren't you funny?
Although the energy market is only monopolized by a few companies, they can't monopolize other benefits!
It is true that the depreciation of the dollar while extracting shale oil will not only accelerate the encroachment of the crude oil market, but also allow the United States to regain its position in international trade.
Those who engage in finance will suffer from the shrinkage of the dollar.
Those who engage in commerce and trade will be uncomfortable because of the increase in the price of imported goods.
Those who move factories out of the United States can only accept the shrinking of their wealth.
If you want to come back, you don't know how many years the elephant party can do.
This kind of policy fragmentation caused by self-interest is a problem that the United States will never be able to solve.
Just like logistics, a profit-oriented enterprise will never assume the social responsibility of the government.
And since it can't be solved......
Then we can only fight.
"Okay, I'll bring your needs to them, and if they say yes?"
Roland shook his legs and lengthened his voice.
Henry Paulson, on the other hand, replied, "It has nothing to do with you." ”
The incomparably precise conversation made the two laugh at the same time.
"You know now that this has nothing to do with me?"
Roland was speechless.
"Of course, a lot of the time we know or forget something, don't we?"
——————
Henry Paulson is very candid, but more oily.
“Okay! Okay! Okay! ”
Roland didn't want to comment on this shameless behavior, but he wanted to ask the matter clearly before leaving, "Of course, if they agree, it is impossible for your side to send someone to take office immediately, right?" ”
"Yes, at least we have to wait until the war in Afghanistan is over."
Henry Paulson was talking about business, "No one wants to take over a mess like war." ”
Okay~
Roland suddenly felt that the matter of shale oil seemed to be quite easy.
The Elephant Party wants the Donkey Party to let go, and the Donkey Party wants to gain more power from the Elephant Party......
What did the elephant party pay and what did it get?
Does this have anything to do with him?
What did the Donkey Party pay and what did it get?
This has nothing to do with him!
Even if both sides really broke their heads for this......
Well, it is impossible for both of them to break their heads.
Because of him, in the case of shouting in the air, the one who knows the most complete information is him Roland.
But thinking of this, Roland felt that something was wrong.
"Uh...... This isn't the first time you've had a conflict, right? How did you deal with it before? ”
This question made Henry Paulson laugh, and he who had already seen Roland's thoughts said directly: "Before?
In the past, of course, it was a two-sided dispute!
Every president of the United States represents the interests of one side, and no one can compromise in four or eight years.
But now......
George's family also has assets on Wall Street.
Do you think he wants the dollar to continue to weaken? That also had an impact on their family's business.
But he had to do it, because energy is the biggest source of support behind him.
That's why he's so tough.
But at the same time, doesn't he want those guys who don't understand economics at all to get out of here?
He wanted to too!
But he can't take the initiative to mention it! ”
'Good fellows! The co-authors of this group of people are all acting! ’
Listening to Henry Paulson's explanation, Roland immediately thought of the Bush family's property on Wall Street.
When the financial empire related to it gradually emerged, the choice of these guys, Roland could understand.
Maybe for a president like Zipton, the capital behind him is everything, they can fight to the death with any enemy in order to keep their position and for the future generations of tomorrow, but for the second ancestor......
Weighing is an art.
Because they have too many assets in their hands, too much, enough to trade.
"Then it seems that my TV series can be filmed."
Roland closed the document, because the requirements of the next paragraph and paragraph were all related to the actual power of the Minister of Finance, and since it was the real power of the Minister of Finance, it had little to do with him, so ......
The rest is his own business.
"When I relay your needs to George, they will definitely not hinder my project in any way, so there is only one question left, that is, on your side, can William be a consultant for House of Cards?"
The reason why Roland wanted to shoot "House of Cards" was to let General Electric see the production capabilities of DreamWorks, so as to promote the merger of NBC and DreamWorks, and the biggest role of the whole show is ratings.
Due to the sensitivity of the content, if you want to shoot him, you must solve the problem of moderation.
And now, with Goldman Sachs' offer for shale oil exploitation, the problem of review is equivalent to half of the solution, and the remaining half is actually in Goldman Sachs' thoughts.
Therefore, when Roland asked Henry Paulson, the spokesperson of Goldman Sachs, to give himself a letter, the guy who leaned there to smoke did not pretend anymore, but made a straightforward offer, "We Goldman Sachs really want to enter the shares of Warcraft Film and Television, so just follow the process of the angel round, as long as you are willing to sell 10%, there will be no problems on the Donkey Party's side."
Even if you want William to be on camera, that's fine. ”
'Gotcha! Or is this ......'
Roland knew that these guys would not give up on Warcraft Film and Television, after all, in their previous life, they were the masters of Netflix and Disney, and when the market revolution was within reach, they would never back down.
10 percent for one help......
That's a bit too much.
"I'll just tell you......"
Roland thought for a while, and finally decided to reveal his valuation of the company to the other party.
"The value of Warcraft Film and Television is definitely not as simple as three or five billion.
Because the "Harry Potter" IP alone, it is worth 10 billion to me.
In addition, whether it is "Pirates of the Caribbean" that is being filmed or Marvel that has already been filmed, the value they contain will not be lower than this number, and if I offer you 30 billion, can you accept 30 percent of 300 percent? ”
This is the second time Roland has shown the value of his company in front of Henry Paulson.
If he may have had an element of blowing when he first introduced Overwatch Ventures, now, after talking about the shale oil deal, Henry Paulson no longer thinks that this guy in front of him is making a blind offer.
And it was precisely because of the seriousness shown by Roland that he was even more confused.
"Are you sure? Are you convinced? Your copyright-only company is worth 30 billion? Henry Paulson was surprised.
“Yeah!” Roland nodded in affirmation.
"......" Henry Paulson was speechless.
Although he felt that Roland's valuation method was untenable at all, they really couldn't force Roland to accept their offer when Roland was not short of money, and since that was the case......
"Then this matter can only be put aside for now."
Henry Paulson scratched his head and said, "You go to Washington first and relay our offer to George, while I, well, need to go back and talk to the other partners, because the way you make an offer, we really ...... It's true......
See you for the first time. ”
Henry Paulson has been restrained.
If the guy sitting in front of him wasn't Roland, then he would have actually cursed.
A bunch of copyrights of 30 billion?
You're even more outrageous than a robbery!