Vol 6 Chapter 377: Not a fuel-efficient lamp

When you know that a person has a lot of money, the average person’s response is generally "wow", which will be a little shocked, followed by a little bit of sourness, a little bit of loss, why don’t you have such a thick wallet in my wallet? Right...

But in the end, most of them will still comment like this, "He is undoubtedly very successful."

But Laurd was different. When he finished talking with Feng Yiping on the night of the 8th, he knew Feng Yiping had a lot of cash in his hand. His first thought was that, in this case, he must find a way to Part of it becomes his own-this is Wall Street people.

He immediately found an opportunity, and the good news is that the opportunity was actually created by himself.

But when the dollar was up, he proposed to Feng Yiping to take Hilton from Blackstone. In fact, he used the loan Blackstone owed them to offset the return they should pay to Feng Yiping and their fund. He did not plan this step. .

Now I think about my proposal. It feels really incredible. I actually created an opportunity for myself to kill two birds with one stone. Everyone will have this time to make themselves feel like a genius.

Lauder quickly selected the two most suitable targets from the 25 banks that had provided loans to Blackstone in addition to his own.

The reason for the screening is to select those with weak bargaining power. The most important point is that he must ensure that his opponent, Da Mo, will not know his plan.

Although due to Feng Yiping's relationship, Goldman Sachs and Morgan Stanley, in matters related to Feng Yiping, are now considered to be a common action entity, but they still have to be highly wary of each other in such matters concerning their own interests.

In the end, the two banks that were screened out have always had a good relationship with Goldman Sachs. Among the 26 banks, the strength is average, and the amount of loans they provide to Blackstone is also ranked in the bottom.

The most important point is that their current situation is also not optimistic.

Therefore, Lauder believes that the cash he has given at this time is very attractive to them, that is, they are very likely to use this cash to make this debt that looks less promising and most likely to be discounted. Transfer to yourself.

Sure enough, he made three phone calls to each of the two companies, and soon the talks were over. Goldman Sachs used 620 million US dollars to obtain a total of 1.15 billion US dollars in loans held by the two.

That is, it is less than 55 percent off.

Lauder was confident that he eventually sold these loans to Feng Yiping at a price higher than 30%.

With these two bottoms, Lauder feels that it is time to talk to Deutsche Bank.

Deutsche Bank is the main force of the bank group that loaned to Blackstone last year. If you take down the debts of Deutsche Bank, you will not only receive a sum of money, but the most important thing is that it will help you in the next process. For Feng Yiping, it is rare to maintain the initiative once.

When he picked up the phone, Lauder was in a good mood, not only because he felt that he was about to negotiate a good deal, but also because of Deutsche Bank's performance from last year to this year.

To say that Germany's largest bank is really not very active in helping the development of German industry and commerce. Their main energy and resources are used for international expansion.

Of course, judging from the results, their results are really good.

Especially in the second quarter of last year, when the world’s major banks were looking sadly at their unsatisfactory financial reports, Deutsche Bank’s performance in the second quarter was absolutely brilliant. Their total profits hit a record high. The profit exceeded 2 billion euros, an increase of nearly 30% year-on-year!

In 2007, the global banking industry had many things in common, one of which was layoffs.

But at this point, Deutsche Bank is also a different kind of firework. In 2007, their total number of employees actually increased by nearly 20%.

But now, hehe, Deutsche Bank, who thought it was out of the way, realized that he was not immune.

According to the data held by Lauder, the securities assets that Deutsche Bank needs to revalue, that is, assets related to subprime securities, are as high as 29 billion euros. Based on the performance of these two months, in the first quarter of this year, Deutsche Bank will definitely lose money, and even Lauder has been certain that Deutsche Bank will lose money throughout the year.

So, thinking of the bullishness of Deutsche Bank last year, he felt really happy. With such a mood, he dialed the number of the head of Deutsche Bank in the United States, "Hello Carl,"

"Hi Lauder, do you have the latest news about Bear Stearns?" It seems that Carl took this call as an ordinary greeting among colleagues.

"I'm sorry, buddy, I don't have any latest news except what we all know," Lauder said.

"They must be having a hard time at this time," Carl said.

There is no new news, which means that Bear Stearns is still alone, but everyone knows that they will not be able to bear such a situation.

"Yes," Lauder agreed.

He felt that Carl's words were great, which inadvertently shortened the distance between them.

Since this is the case, he is going to continue to guide Karl to say "yes", "So at this time, cash, more cash, is the basis for us to safely escape from this crisis."

Carl said naturally, "Yes,"

Lauder could also hear that Carl's "Yes" was very heavy.

Because of this truth, even Bear Stearns understands it, but the question is, how can I get more and more cash in my company's account at this time.

"So, we have been reviewing our debts recently," Lauder directed the topic in the direction he wanted to talk about. "Later we discovered that many of the decisions made last year were really sloppy."

"Like the low-interest loan provided to Blackstone in the middle of last year,"

"Uh..." Karl seemed to be hesitant to speak, and after a pause, he said, "Who said no?"

This is good!

"Hilton's current situation is deteriorating, and Blackstone is already intending to take advantage of the fire. I think, you have also received their call, debt restructuring? Doesn't it mean that we want us to agree to reduce and forgive part of the debt, and at the same time convert part of the debt into stock Let them not pay it back?" Lauder was filled with indignation.

"This is what makes us very dissatisfied, so Lauder, do you have any good ideas?" Carl asked.

"We do have a plan," Lauder said. "Since Blackstone acquired Hilton with our funds, we now hope to discuss debt relief with us on the basis of non-payment."

"Then I think ~www.wuxiaspot.com~ might as well pool our debts and take Hilton into our hands..."

"So, Goldman Sachs deliberately brought Hilton from Blackstone?" Karl asked.

Lauder heard the joy of Carl's words.

"Yes, my friend, we have this plan..."

"This is a coincidence," Carl interrupted. "This afternoon, Feng Yiping took the initiative to find us and also talked about this issue."

Suddenly, Lauder's throat seemed to be stuffed with a duck egg, choking him a little speechless, "Really?"

"Yes, we have had a fruitful discussion with Feng Yiping on this issue, but," Karl laughed again, "Feng said at the time that there might be new offers, but we didn't expect this new The person who quoted will be you,"

"Lourder, can you tell me about your quotation, I must feed it back to the Frankfurt headquarters immediately,"

I'll report you a pig's feet (traditional German cuisine)! Lauder had the heart of falling the phone at this time.

Feelings, as soon as he started, Karl understood his intention.

Also, just now I felt that the happiness he couldn't help showing was definitely not because the loan they gave to Blackstone had a chance to be realized, it should be the happiness after seeing the comedy performance.

Because Carl must know what's going on.

But he had to pretend that Carl didn't know the details of the matter, "Is that Carl? So Feng Yiping is also interested in Hilton?"

"Sorry Carl, then I think we have to re-examine our plan,"

Bargaining with Feng Yiping, do you think I am the stupid Italian in World War II?

He hung up the phone in a hurry, and couldn't help spinning around in the office, Feng Yiping! Feng Yiping! How can you even think of this?