Vol 6 Chapter 623: Involuntarily

Of course, Su Shiming knew that at this time, Blackstone's creditor of more than 20 billion US dollars was actually Feng Yiping.

Before Cummins spoke, Lauder became serious for the first time, "Steven," he stood up, "Our time is very tense, you have seen the current situation, and will not give us much time for the see-saw. Negotiation,"

"Let's put it this way, for today's talks, the general framework must and must be set,"

He did not say that if Su Shiming left now, it would be like this next.

Su Shiming raised his head and glanced at him, his eyes sharpened suddenly, but the movement of his hands still kept on.

Lauder's words are threatening, which can be said to be very strong.

But Su Shiming's meaning is also very clear, otherwise?

After so many years of ups and downs, I will still be scared by your words?

Xu Bin couldn't help but glance at Lauder, but it wasn't so unhappy to leave.

Lauder did not look at Xu Bin at this time, he glanced at Su Shiming.

But at that glance, Su Shiming, who was about to leave just now, looked hard to look at, and heard his hands.

Lauder was not looking at others, but the subordinate who had just spoken out to help and was stopped by Su Shiming.

Su Shiming was really nervous now.

He looked at Lauder tightly.

Lauder smiled and raised his head, looking like a **** that didn't bother to explain.

Su Shiming really wants to scold him at this time, you are so bald!

Gary Cohn said softly, "Steven, if there is news that Blackstone is unable to repay the loan, what do you think will happen next?"

"Rating agencies, will they downgrade Blackstone's rating?"

That will definitely be lowered.

Not to mention that there is such a reason, but there is no such reason. As long as Goldman Sachs is willing to spend money, the rating agency will not lower the rating of Blackstone?

What we usually call Wall Street is mainly composed of several groups, five major investment banks, two major financial groups, three major securities and insurance companies, and three rating agencies.

After the subprime mortgage ravages, only Goldman Sachs and Morgan Stanley are left in the top five investment banks.

The two major banking groups are Citigroup and, that is, Xiaomo.

The three major securities insurance companies are American International Group AIG; American municipal bond insurance group AMBAC, and the largest bond insurer MBIA.

The three major rating agencies are Moody's, Standard & Poor's, and Fitch.

These four major groups are both the core of Wall Street and the main components of this financial chain. Obviously, investment banks are clearly in a strong position in this chain.

For that reason, Goldman Sachs only needs to signal that the three major rating agencies will have to downgrade Blackstone's ratings, whether they are publicly or privately motivated.

Cohen continued to say softly, "After the rating is downgraded, how will Blackstone's stock price change?"

Xu Bin feels once again an eye-opener, is it so threatening again?

He is an outsider in the financial industry who understands what the result will be if everything develops as Cohen said.

Because whether it is Bear Stearns, Lehman, Merrill Lynch, or all other companies that have not been able to hold on before, they have all gone through such a process. Then, naturally, the stock price plummeted, and then investors withdrew their investments. ...

After that, there are only two ways for the old bully companies, either, selling at a low price, but if no one is interested in it, there is only one way to go bankrupt.

For the person in charge of a bankrupt company, the bankruptcy of the company will bring more than just financial losses. Just like Lehman's Fuld, he will also face numerous lawsuits...

Su Shiming glared at the unspoken man again. Hilton is Hilton. Why did you specifically point out that there is a black stone behind Hilton?

Are you reminding and guiding them?

Because of this worry, he just stopped drinking that guy.

But he actually understood that he was angering.

The things they worry about the most, Lauder will definitely not let go.

He has a clear understanding at this time, last year, really should not be listed.

Last year's IPO, his main purpose was to raise more funds. Although some funds were raised, they also gave up so many shares and brought more trouble.

Compared with the beginning of the listing, Blackstone's stock price has shrunk by 50%. If the rating company lowers their rating, then the stock price will definitely plunge, and they will definitely face a situation where they will never recover.

Lauder... I remember you.

But as a colleague, he actually understands what Lauder and the others do. On Wall Street, what's not going to be the best?

He sat down again and looked at Cummins again, "Cummins, talk about your terms,"

"To all our partners, we always strive for a win-win situation," Cummins laughed.

At this moment, he knew clearly that he had the chance to win.

After hearing his words, Su Shiming made no secret of the sarcasm in his eyes, win-win?

Then you are talking about, according to your proposal, where do we win?

Lauder is also somewhat allergic to the word "win-win".

In the process of cooperating with Feng Yiping, although Feng Yiping has always left room, they do have a lot of benefits themselves, which can barely be regarded as a win-win situation, but in general, if you want to use one word to summarize his feelings, it will never It's a win-win situation, but it's wronged!

The feeling that your every move is clearly calculated by others, in many cases, you don't follow the other party's wishes, it really makes people feel very embarrassed.

It's good now. It seems that some people will be more aggrieved than us, and Lauder can't help but gloat.

"So, for the US$20.5 billion loan owed by Blackstone, we can consider part of it," Cummins finally made substantial concessions.

Su Shiming nodded slightly, this was considered sincere!

"What about the reduction ratio?" he asked immediately.

"The specific ratio, let's talk about it next," Cummins smiled and did not give a precise word. Of course, we have to start with a 5% discount. "At the same time, we agree that Blackstone holds other commercial properties in hand to offset the remaining loans. ,"

Su Shiming immediately noticed the word "rush".

This means that the value of those commercial real estate must be discounted. How can I...people be so greedy?

But, he looked at Lauder and Gary Cohn sitting aside, what else could he do?

Who said that the debtor is stronger?

If he had watched "The White Haired Girl", he would know that in some cases, creditors can also be very strong.

He thought for a while, "We agree to such a plan in principle. Then, can we talk about the specific reduction ratio?"

…………

This autumn, Feng Yiping reaped great fruits from all aspects. Also in this autumn, Liu Jizhong reaped a series of bitter fruits.

This evening before National Day, he was at home, waiting for his wife to come downstairs.

After returning from the capital to the provincial capital last month, he originally said to borrow usury, but after calculating the funds he needed and the high price he would pay, he couldn't even make that determination.

So these days, he has been working hard in two areas. While talking with usury, he also tried his best to contact the bank. Tonight, it was a very crucial meeting.

"Jizhong," Shen Xue in costume, walking down the stairs, "let's go,"

Shen Xue, who has been dressed up today~www.wuxiaspot.com~, made Liu Jizhong's eyes light up, but what followed was the humiliation that made him feel embarrassed.

After marriage, he of course took Shen Xue to attend some entertainments, but those entertainments were among business colleagues. In those entertainments, Liu Jizhong and Liu were the central figure and the object of flattery and flattery.

In the evening, he was in a dominant position for entertainment. He had never brought Shen Xue to attend before, and he had never thought about bringing Shen Xue to such a party, but this time, he had to make an exception.

"Husband, you are so handsome today,"

Shen Xue next to him did not have Liu Jizhong's thoughts. Speaking of which, she actually liked the occasion.

She held Liu Jizhong, "Let’s go, let’s take them down,"

Take it down? Liu Jizhong really didn't have such confidence at this time.

From the door of the house to the car, from the house to the hotel, from the door of the hotel to the elevator... Several times he wanted to ask his wife to go home, but in the end, he only sighed secretly...