Chapter 491: I'm going to be the captain of this aircraft carrier! (Ask for a subscription, ask for a monthly pass)
There was silence in the room.
Edward, Old Rocky, and the others looked at each other with shocked expressions.
It's not that Ji Cheng's ambition is so big, but why didn't they expect him to be so wolf-like, and he actually wanted to take the opportunity to gain control of First National Bank in Boston?
Yes.
They were not confused by Ji Cheng's pie, and they accurately discovered the purpose of Ji Cheng's story, which was to take the opportunity to gain control of First National Bank in Boston!
Although they once promised that if Ji Cheng did a good job, the Boston consortium would be led by him in the future.
But there is a premise, first of all, Ji Cheng can really fully integrate into the Boston consortium, such as taking out the shares of Huajin Capital and cross-holding with everyone.
Secondly, there is indeed no rising star in the Boston consortium who is better than Ji Cheng.
But now?
Ji Cheng hasn't really done anything for the Boston consortium, and the cooperation between the two sides has not been long, and the Boston consortium's support for Ji Cheng can be said to be fully exerted, and the ambitious guy in front of him told them to give up control of the First National Bank of Boston!
How is this behavior different from that of the Rockefellers?
Edward's face changed at the moment, and he said in an unkind tone: "Ji, do you know what you're talking about?" ”
Of course, Ji Cheng noticed that his face had changed, and he still said steadily: "I know very well. ”
Adams IV narrowed his eyes even more, "You want us to give up control of First National Bank in Boston?" Are you sure? ”
"I said, this is a shocking gamble, if you win, our Boston consortium will become the master of the beautiful country, and lose...... It's impossible to lose! Ji Cheng said confidently: "I asked you to give up control of First National Bank in Boston in exchange for more benefits and rights!" ”
Aimee. Lowell laughed angrily, "We were originally talking to you about how to keep control of First National Bank in Boston under the powerful offensive of the Rockefeller family, but you actually took the initiative to make us give up control?" ”
What do you want?
Go on the scamp?
Don't talk about these three talkers, even if Robert . . . Lawrence and Old Rocky both looked gloomy.
What they had been fearing had finally happened.
Set the fox to keep the geese!
It's really luring wolves into the house!
At this moment, the five heads of the Boston consortium were extremely unhappy.
They didn't believe that Ji Cheng's so-called black swan event was coming.
Because there is no sign at all.
But it was Ji Cheng himself who asked them to give up control of First National Bank in Boston.
Ji Cheng saw the expressions of several people and vaguely understood what they thought.
It is true that when he said this just now, he had a premonition that it would make these five heads unhappy, so he used the technique of drawing a big pie, wanting to mobilize the emotions of a few people first, and then slowly tell his plan and analysis to convince these five people little by little.
However, he underestimated the importance that the consortium placed on core financial instruments, especially when it came to control.
No, as soon as he said it, it immediately attracted everyone's frowns.
If it is replaced by someone from another consortium, Ji Cheng may not say a word about serving tea and giving it away, and then find a partner.
But he can't do this to the Boston consortium, after all, the other party has been sparing no effort to fund himself.
In addition, the key to the success of his plan was the First National Bank of Boston.
Without the First National Bank of Boston, it would have been impossible to bring down Chase's finances.
Not to mention that Ji Cheng also wants to use the First National Bank of Boston to obtain shares of Chase Bank in turn.
So he had to convince the people.
"I know what you're thinking, and you're going to think that I want to take advantage of the opportunity to take control of First National Bank in Boston, and behave like the Rockefellers, am I right?"
Ji Cheng looked at everyone with a calm face.
Edward looked unhappy and said, "Isn't that so?" ”
Ji Cheng smiled, "Excuse me, if I want to gain control of First National Bank of Boston, why didn't I agree to take out First National Bank of Boston and my Huajin Capital to exchange shares for shares and cross-shareholding?" Do you have to wait until today when you're in trouble, and I'm going to take over the mess? Maybe you will say that now the First National Bank of Boston is being attacked by the Rockefeller family, and it is in a weak state, and it is easier for me to gain control, but have you thought about it the other way, even the combination of your five beautiful national nobles can't resist the huge offensive of the Rockefeller family, and I have become a person who has not fully gained a foothold from across the ocean, even if I get control of the First National Bank of Boston, I can resist such a powerful offensive? ”
When everyone heard this, they felt reasonable, the strength of the Boston consortium was more than ten times stronger than Ji Cheng, and even they couldn't resist the Rockefeller family's offensive, even if Ji Cheng got control of the First National Bank in Boston, what could he do?
In the end, it is not impossible to escape the fate of being swallowed up by Chase Bank?
And once the wood is already in the boat, Ji Cheng's losses will be far greater than if he doesn't do anything now.
But when it comes to the control of core financial instruments, they have to be cautious, even if they think Ji Cheng is reasonable, they still don't let go.
Old Rocky, as the grandfather of Ji Cheng's future wife, is his own person, he took the initiative to defuse the tense atmosphere and asked: "Ji, if you marry Anne in the future and you are a member of my Rocky family, maybe one day the juniors in my family will not succeed, and I will choose to hand over the family property to you to take care of." ”
Well, this is a polite remark, just to lighten the atmosphere.
Old Lodge paused before speaking to the crucial part, "But how do you want us to believe that you made us give up control of First National Bank in Boston for everyone's benefit?" ”
"yes, you're going to give us a convincing statement, right?" Robert. Lawrence said.
"Of course, that's the key question I'm going to tell you." Ji Cheng lightly snapped his fingers again, "Then you guys listen now, I will lay out the whole plan in detail, if you agree, then let's talk about your relinquishment of control of the First National Bank in Boston, if you don't approve, then I still say what I said just now, I will help you solve the trouble of the Rockefeller family, and then go it alone, which can be regarded as repaying your love." ”
"Okay, you say." Edward Road.
The others also closed their mouths and listened quietly.
"As I said just now, the key to getting the Rockefeller family to stop their attack on First National Bank in Boston is to bring down its funding chain." Ji Cheng wrote the number ninety on the blackboard, "This is the current debt of Chase Bank, it may be more, after all, they have other businesses that need money, but we won't talk about that now, just how much it will cost Chase Bank to acquire First National Bank in Boston." ”
Everyone just nodded and didn't answer.
Ji Cheng brushed and wrote three numbers next to 9 billion, which are 12 billion, 15 billion and 20 billion, "These three numbers represent the funds needed for Chase Bank to acquire 50 percent of the shares of First National Bank in Boston, 75 percent and all the acquisitions at each stage, which may be a little different, but it should not be too far apart." ”
Everyone nodded again, agreeing with Ji Cheng's judgment on the funds needed for the acquisition.
"Well, I'll start with a question, Chase Bank's previous acquisition of 23.3% of the shares of Boston National Bank was borrowed for $9 billion, so does it mean that they don't have so much liquidity to complete the follow-up acquisition, so they can only continue to borrow from other banks?"
Ji Cheng poked a few times on the blackboard with chalk, a bit like a teacher asking questions to the students.
"That's for sure." Edward said, of course: "If Chase Bank had so much liquidity, it wouldn't have to borrow $9 billion from others, maybe it would have borrowed some, but the number is certainly not that much." ”
When Ji Cheng saw that everyone else was convinced of this number, he continued: "Okay, since Chase Bank needs so much money for the acquisition, if First National Bank of Boston sells another part of its shares and makes Chase Bank increase its holdings to about 50 percent, will Chase Bank have a huge debt of more than $20 billion at that time?" ”
"Why are we going to let Chase Bank increase its stake to 50 percent?" Aimee. Lowell wondered.
Ji Cheng didn't answer her question, but asked again sonorously: "You answer my question first, is Chase Bank holding high debts?" ”
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After all, the elder Rocky played the role of the peacemaker, and he saw Aimee. Lowell was still a little unconvinced and wanted to continue to discuss this issue, so he took the initiative to interrupt and replied, "It should be so." ”
"Because Chase Bank borrowed money to buy First National Bank in Boston, there is a risk of failure, so there is a big risk in these two huge loans, and if you were a bank that lent money to Chase Bank, would you sign a long-term contract with them?" Ji Cheng is good little by little.
"No, it won't." Adams IV said: "If we meet such a customer, we will generally sign a contract that is renewed for half a year, or renewed for one year, to prevent the customer from failing to acquire the funds and not being able to recover them." ”
Aimee. Lowell couldn't hold back, "Ji, what the hell are you trying to say?" ”
Ji Cheng looked at her at this time and said with a smile: "Now I can answer your question just now, why do we want Chase Bank to increase its stake in Boston First National Bank to fifty percent." ”
"Why?" Aimee. Lowell asked.
Ji Cheng once again drew a line between $12.1 billion and $15 billion on the blackboard, "Because the capital chain of Chase Bank will be broken here, we let it increase its stake in Boston's First National Bank to 50% in order to make it difficult for it to ride the tiger. ”
Hearing this, everyone vaguely understood what Ji Cheng meant.
It's a bureau that allows Chase to get a stake while getting bogged down in a financial swamp.
If it is really as Ji Cheng said, when Chase Bank obtains about 50 percent of the shares of First National Bank in Boston, it will inevitably owe more than 20 billion yuan, and as long as the capital chain is broken, Chase Bank will not even be able to pay high interest on it, let alone repay the principal of the due loan.
Then the crisis at First National Bank in Boston would be half over.
But now there is an important question, why does Ji Cheng repeat again and again that Chase Bank's capital chain will be broken as a result?
And he also swore that the capital chain was broken when he acquired about 50% of the shares of the First National Bank of Boston.
Lodge Sr. asked the question, "How do you make sure that Chase Bank will break its capital chain when it acquires about 50 percent of Boston's First National Bank?" If its capital chain continues, Boston's First National Bank will not be far from being fully swallowed up by Chase Bank after being acquired so many shares. ”
"yes, it's too risky, and we can't afford to fail." Edward's face was solemn.
The other three are all three, and they know very well what will happen if Chase Bank's funding chain is not broken, and in the next few years, the remaining shares of First National Bank in Boston will be eaten away by Chase Bank bit by bit, and then ...... The Boston consortium has since been removed from the territory of the beautiful country!
"Of course I have my faith!" Ji Cheng squatted down and opened the drawer of the coffee table, and took out a data report from it, "Look at the information I collected. ”
"What information?" Adams IV asked as he took the papers.
The others also looked at each other suspiciously.
Ji Cheng smiled and said: "The top-secret information that caused the collapse of the global economy!" ”
Yes?
Top secret information that caused the collapse of the global economy?
Everyone was taken aback by Ji Cheng, they didn't expect Ji Cheng to say so terrible, just a piece of information, is it so terrifying?
In fact, they didn't know that Ji Cheng was also gambling on showing them this top-secret information, betting that this group of people would finally agree to their request, and then work together to trample the Rockefeller family under their feet.
Of course, Ji Cheng also made preparations, if this group of people finally read the information and didn't express their position, I'm sorry, he will use time to go back to before giving the information to everyone, this information is really top secret, and he can't show it to people who don't fight side by side with him.
Edward, Lodge Sr., and others looked at the information curiously.
It's not good-looking, and when I saw it, they were all shocked!
I saw that the first page of this information was densely written with examples of leveraged buyouts in recent years, including the role of junk bonds in it, and a shocking information about the default of junk bonds!
In the first eight months of this year alone, the number of defaults on the garbage bonds of the beautiful country was as high as 4 billion US dollars!
On top of that, there has been a series of bankruptcies in the savings and credit industry, a vicious cycle of leveraged buyouts that have become a moribund, and even ...... Financial crime records caused by serious chaos in the bond market and more!
In fact, Ji Cheng had shown this information to the banks before, and it was not a real secret, because the collapse of the junk bond market in the beautiful country was predictable, and what was lacking was just a tinder detonation.
His really top-secret information is the information about the Japanese stock market from the beginning of the second page.
Ji Cheng saw that everyone was looking at the information, "I believe that when you see these materials, you should understand that the garbage bonds and leveraged buyouts of the beautiful country are only a thin line away from collapse, if someone ignites the fire at this time, such as letting a leveraged buyout involving billions of dollars fail, will it detonate the collapse of junk bonds in all aspects?" ”
"Of course." Edward said: "We actually know all this information, and we have been preparing for the collapse of the junk bond market for a long time, but according to my analysis, although the junk bond market will collapse sooner or later, it can at least last for a year and a half. ”
"So what if I tell you that the junk bond market won't last that long?" Ji Cheng asked rhetorically.
Aimee. Lowell was stunned, "How can it not hold ......?"
Before she finished speaking, Ji Chengcheng dropped a bombshell, "Previously, Chase Bank and Citibank took the lead in raising $7.25 billion for the new chairman of the board of directors of United Airlines, Wei Lian, about the anti-takeover, I believe you know, right?" Chase and Citibank approached several large banks to borrow money, but ...... I persuaded those stupid banks not to contribute, do you know what it means? ”
"My Fack!"
Aimee. Lowell's woman was so shocked by the news that she almost jumped up from the sofa and even burst into foul language.
Edward's eyes widened in disbelief: "You persuaded those stupid banks not to contribute? ”
Ji Cheng smiled and said, "Yes." ”
Adams IV couldn't help but inhale, "Is it true?" ”
"Sure, sure, and definitely!" Ji Cheng said in a qualifying tone: "If nothing else, in a few days, the bank will unilaterally announce the decision not to contribute, so, I want to ask, do you know what this means?" ”
You're not stupid, you know what it means!
You must know that Citibank and Chase Bank are the core financial instruments of the top consortium in the United States, and even the failure of these two companies to take the lead in helping Waylink's leveraged buyout is not a signal to the outside world that the leveraged buyout is no longer working, and even the combined efforts of the Citigroup and the Rockefeller family cannot support the former glory of the leveraged buyout market.
At that time, the leveraged buyout market will collapse, which will cause panic in the bond market, especially the junk bond market, which is specially used to issue funds for leveraged buyouts, and will be greatly impacted, exposing all the hidden contradictions to the public!
"It will cause a storm in the stock market!"
Ji Cheng said meaningfully.
Everyone was a little frightened by the ruthlessness of his methods, they never thought that Ji Cheng would be so unscrupulous, in order to achieve his own goals, he would completely detonate the junk bond market, causing a strong panic in the financial market!
Edward, Robert. Lawrence and the others looked at Ji Cheng in disbelief, they knew that Ji Cheng was ruthless, but they really didn't expect that it would be so terrifying, this would make countless people jump off the building, and it would be light to describe it as a success.
Just when they were shocked, Ji Cheng said slowly: "Of course, just the stock market turmoil caused by the collapse of the junk bond market is not enough to cause a global financial crisis, those banks will become cautious after seeing the crisis resolved, but in the end they will definitely be willing to lend money to the Rockefeller family, this period may be one or two months, but it is enough for us to buy so much time, please turn to the second page of the information, I will tell you why I dare to assert that the world will fall into a financial crisis in the future, Why is it impossible for Chase to borrow money from other national banks anymore! ”
The first page is so terrifying, what is recorded on the second page?
Edward, Adams IV, and others flipped to the second page, and then they saw a series of data that made people look confused.
It's all about the stock market and real estate.
Edward didn't react for a while, "Ji, what is this?" ”
Ji Cheng said vigorously: "This is the change in the stock market, real estate and even the national economy since the Plaza Accord in 1985, well, there is also the interest rate hike policy of the Bank of Japan and so on. ”
Why is it on the side of the day stupid again?
Everyone was very puzzled, but they still carefully watched the information that Ji Cheng had collected and sorted out using the information collected from the modern society, and then they were even more shocked than what they had just seen, because they saw a terrible signal from this series of data and data analysis, the shocking and terrifying signal of the stock market and even the economic collapse!
Ji Cheng chuckled, "Seeing these materials, you should be able to analyze that the Japanese economy is not far from a full-scale collapse, right?" ”
Edward was a little stunned, he looked up in disbelief and asked, "All this data is real?" ”
"Absolutely." Ji Cheng affirmed: "And just as you speculated, the Japanese economy is indeed going to collapse." ”
You must know that in 1988, the total output value of the global economy was only 19.34 trillion US dollars, and the Japanese accounted for more than 3 trillion yuan.
No wonder!
No wonder Ji Cheng kept talking about the global financial crisis before, it turned out that he foresaw the collapse of the Japanese economy!
If such a thing really happens, then as Ji Cheng just said, it is impossible for Chase Bank to borrow money again, the capital chain will naturally be broken, and it will fall into a financial crisis because of the huge debt owed by the previous acquisition of 50% of the shares of First National Bank in Boston.
Edward, Aimee. Lowell and the others had realized that Ji Cheng didn't just want to help them fight off Chase.
Sure enough, Ji Cheng finally said his ambitious overall plan, "If Chase Bank falls into a debt crisis, it is bound to need new capital injection, otherwise it can only face the fate of bankruptcy, and then it is a perfect opportunity for us to reverse the takeover of Chase Bank, of course, because the Rockefeller family is hostile to us, and the injection of new funds will not look for us, so a third party must participate, and this third party must be our people, so as not to let the fruits of victory be picked by others." ”
"So you're saying we're giving up control of First National Bank in Boston in order to form a more powerful financial institution that will be under joint control with you and the third party you envision?" Edward asked, his eyes twinkling.
Lodge Sr., Robert. Lawrence, Aimee. This was true of Lowell and Adams IV.
Their hearts are pounding, and who doesn't know that the Boston consortium model is a combination of several companies.
Now Ji Cheng said the whole plan, telling them that he was just adding more powerful members, and he didn't really take away their power, and of course he was not as resistant as he was just now.
The Boston Consortium believes in the idea that everyone gathers firewood and the flame is high.
It is precisely because of this that several of their relatively average families have united together to become the top five or even top three big conglomerates in the beautiful country, which can compete with giants such as the Morgan family and the Rockefeller family.
Now that Ji Cheng told them that the next thing to do is to build a stronger consortium, they really have no reason to object.
"That's right!" Ji Cheng said with a hint of a smile, "Of course, I am not without selfishness, because I proposed this plan, and I will be at the helm in the future, so if the final plan can be realized, I will be our navigator and become the captain of this aircraft carrier, you ...... Dare to bet? I would like to conclude by saying that you will unswervingly carry out this plan whether you agree to me or not! ”
He asked everyone again if they dared to gamble, but this time the tone was not as negotiating as before.
On the contrary, it is full of unquestionable domineering.
He seems to be telling everyone, if you don't dare to bet, then I myself will become that aircraft carrier, and no one can stop it!
Edward, Old Rocky and others looked at such a domineering Ji Cheng, and they were full of emotion for a while.
As early as when they recruited Ji Cheng to join the Boston Consortium, they thought that if Ji Cheng performed well enough, he might become the next leader of the Boston Consortium.
But they didn't expect Ji Cheng to be so impatient, and he had already taken the initiative to show his ability to fight to take on such a burden.
Although Ji Cheng said very domineeringly, he was actually very nervous in his heart, for fear that everyone would still not agree, he had already opened the system, as long as these people said a word, he would immediately use time to go back to before giving the information.
With such a big temptation in front of them, will these people agree?
Ji Cheng didn't have a bottom in his heart, but quietly waited for the final answer of the five heads of the Boston consortium.
As long as these people can agree to come down, then they are not far from the casting of aircraft carriers.
After all, the Boston consortium is indispensable in the whole plan, and Chemical Bank and Hanhua Industrial can find alternatives.
Therefore, the decision of the five heads of the Boston consortium is particularly important to Ji Cheng, he has spent so much effort and tongue just to let this group of people cooperate with him to create brilliance together!