Chapter 133: The Layout of Los Angeles
Xiao Yuan found the largest bank in the west and the future giant, the representative of the California consortium, Wells Fargo, this ambitious rising star.
He did not look for the Ugly Country Bank, the second largest bank in the whole Ugly Country, and deliberately chose the emerging force Wells Fargo Bank because of its vigor and courage.
Saving money to open an account first, five million dollars in cash, enough for him to enjoy VIP treatment, the person in charge of Los Angeles came to meet and express their welcome to this young rich man.
Xiao Yuan took the opportunity to communicate with President Brian, hoping to talk about big business alone, this request is in Brian's arms, which bank is afraid of big business?
In the VIP room, Xiao Yuan confessed his identity to President Brian, the Earl of Sean Hill of the Parrot Country, and was supported by the partners Bucklai Bank and HSBC Bank.
Brian was taken aback, he was young and passionate, thinking that millionaires were their main customers, and insisted on knowing them in person, but he didn't expect the return to be so fierce, this is a big shark!
It is impossible for those who open banks not to know the two major banks of the world-famous parrot country, they absolutely have internal contact information, and the British and American families are not talking about it, maybe the non-governmental ties are deeper.
These two banks, especially the Bucklai Bank, have been established for a hundred years this year, and they are absolutely giants, you must know that they used to be parrots, and even part of the ugly country was once their colony.
Bucklai Bank did not hesitate to provide a guarantee of 500 million US dollars, and HSBC also provided a guarantee of 100 million US dollars, which is very scary.
Earl Sean Hill entrusted them with two things, one is to buy a property in Los Angeles, build a backer manor, the farm is the best, this is not a problem, for Wells Fargo, it is very simple.
The other is that he wants to buy one of the top ten film companies, and now it is the most sluggish period of the film market, and many are in debt.
There is also a record company, there are no superstars at present, and the Beatles have just debuted. This actually has something to do with the general environment, and it can also be related to the development of science and technology, there are few tape recorders, not to mention the Walkman, it's no wonder that the record company can become popular!
It was a bit difficult, but Brian happily agreed to him, and his old client, the elderly Adolf. Zhu Ke, who is already eighty years old, is really unable to maintain Paramount's huge expenses, which makes this old man who was born in Fierce Ally very painful, and is ready to sell it.
Xiao Yuan is of course very concerned about this giant film company in his previous life, he has a glorious past, and a brilliant future, he couldn't operate for 66 years in his previous life, and was acquired by the oil company Gulf, and later by the entertainment overlord Viacom, and was listed as a subsidiary that will never sell shares.
Since he decided to make the acquisition, it must be a sole proprietorship, and it is still the Far East capital of the Isle of Man, and it is impossible to pay so many taxes to the ugly country.
Paramount's current predicament is, first of all, because of the general environment, and secondly, because the elderly person at the helm, an eighty-year-old man, is full of experience, has a serious disconnect between vision and society, and simply does not know the needs of the audience.
Regarding the asking price of 56 million US dollars, Xiao Yuan said that there is no pressure, although there are still loans owed to rich countries of nearly 20 million US dollars, they are all worth the money, looking at Paramount's film library, theaters all over the west, and the huge amount of land in Los Angeles, I feel that everything is worth it.
Being rich does not mean that he has to be wronged, Xiao Yuan did not want to negotiate with the old man, he transferred the pressure to Wells Fargo, if he assisted him in the acquisition, he would pay off the loan, repackage the fixed assets, mortgage to Wells Fargo, and make a ten-year mortgage.
What is the purpose of a bank? You think you want money, then you are very wrong, they want the rich to take out loans, the rich to repay the debt, and the people who can't afford to pay it off will go far away.
Wells Fargo is worthy of being the hegemon of the West, and the coercion of the California consortium is not going downhill, and the old man who owes a lot of debt can bear it, not only selling the entire film company, but also taking a mansion in Beverly Hills, with a total amount of $1 million.
The mansion in Beverly Hills, is a super villa, full of Andalusian style, European courtyard design with 3 waterfalls, with a construction area of more than 2200 square meters and a total area of 30 acres.
This is the old man spent more than ten years of painstaking efforts to build, only to live in less than eight years, it seems that the old man knows that he can't stand it, he wants to leave, future generations can't keep it, it's better to be happy.
It can be said that killing two birds with one stone, Xiao Yuan's two goals were achieved at one time, although the area of the manor is not large, the farm and ranch he wants can wait slowly, this super mansion will definitely be won, there will be no five or six billion US dollars in the future, and I won't show you.
Money is easy to do, Bucklai Bank transferred funds in the Isle of Man, and the transaction was completed smoothly with the strong cooperation of Wells Fargo.
Waiting for Xiao Yuan to enter the Paramount Company, the interesting Adolf Zhuke brought his resignation, why bother to embarrass himself, he can't Xiao Yuan continue to hire him to manage.
Xiao Yuan attached great importance to it, and brought a team of lawyers hired by Wells Fargo and the well-known Deloitte accounting firm to clean up Paramount.
The old and rotten management, Xiao Yuan directly asked everyone over the age of fifty to leave, and the rest stayed to see the performance, and they couldn't all be driven away, so there would be no skilled hands, and it would become a plate of loose sand.
To everyone's surprise, including the parties involved, the new owner, Earl Hill, chose an actor in his early thirties, 32-year-old Jewish actor Robert Evans, as the head of production.
Only Xiao Yuan knows that this is Paramount Revival, the first and most important captain, who has been at the helm for nearly nine years, and directly made the ninth Haolaiwu the first, and then he was in trouble himself, coupled with the power of capital, and gave way to Barry, who was born in TV.
This guy is definitely an elite wizard, a well-recognized legend, that is, lustful and amorous, married seven or eight times in his life, none of which lasted more than three years, and has a love triangle, smokes white noodles, has long been dependent on drugs, and is involved in murder, but it cannot be denied that he is excellent.
Xiao Yuan doesn't care, he can control it, he is just a senior worker, he can be abolished at any time, and he will also put shackles on him to prevent him from going too crooked, which is a pity.
Taking a step back, Barry Diller and his two assistants did a better job and directly occupied the first place for Paramount. When the time comes, with a good successor, will he still take care of this disobedient white-faced boy?
gave this excited handsome Jewish guy an extremely tempting prospect lesson, not to fool him, but to train him to be the president, and to implement his own ideas to him.
Develop high-quality scripts, expand the share of theaters, work hard to get more land in Los Angeles, develop peripheral products for popular movies, and look at the future Disneyland, you will know how to make money.
Los Angeles, a place where every inch of land is valuable, waiting for the construction of the Twin Towers in England, the construction company and the designer have experience, and he will let them enter California, Los Angeles, San Francisco, Silicon Valley, and they will definitely have to build largely.
The film company was handed over, Xiao Yuan chose the original vice president, 48-year-old Michael Harris as the president, and the two talked freely, Xiao Yuan did not shy away from telling him to maintain stability, cooperate with him to clean up Paramount, and give way to the newcomer in about three years.
Michael Harris also knows that his ability is limited, more conservative, and less pioneering, and it is acceptable to be a transitional president.
Earl Sean Hill told him that as long as he was obedient, he would give him a high salary, and continue to serve as vice president after abdication, he was the boss's sword hanging over the head of the new president, and he could replace you at any time, and the treatment would not reduce him, and he would definitely retire with dignity.
In this way, Michael Harris can rest assured, he doesn't have to think about unemployment, he understands what the boss means, he wants to be the catfish of the sardine school, just be loyal to the boss.
He came to power, understood his tenure, and the future arrangement, and the mentality was absolutely okay, he stepped back as a vice president, and the high salary remained the same, but he could take a step back and observe the world, and better report to the boss, which is really a powerful management method.