Chapter 570 Auto Financial Services

William White actually had his reasons for engaging in such a big promotion. In the past year, his investment was really too big. Next, the two companies in Tuao will also spend a lot of money.

Before Tesla's successful IPO, William White's funds were still relatively tight.

If the economy is going down, it would be nonsense to say that there is no pressure at all. He still has a few big losers in his hands.

Although the price of oil has risen, it has not been able to make up for the previous losses. His oil wells are all offshore, but the cost is higher than others.

"Boss, next year's car production will increase by 50%. I'm afraid it will be difficult for us to guarantee the current situation. Do we need to increase the area of ​​the transit warehouse?"

"No need for now, Filson, take a look at this, is it possible to realize it?"

Filson read it very seriously, almost word for word. What the boss brought out was the financial field that he was best at.

Wall Street has always been the proudest. It's not how many investment banks they have or how rich they are. The reason why London can be stabilized is that there are more financial innovations on Wall Street.

If you are a financial novice, then never invest in their funds. This thing is different from the funds of the Celestial Dynasty. Instead of guaranteeing interest, it may not even be able to guarantee the principal.

Take the group of mobile operators as an example. These guys don't have a lot of assets to mortgage, and the bonds they issue are basically junk bonds. If you buy these junk bonds directly, you won't be able to sell them too much.

Ever since, Wall Street fund managers packaged these bonds with similar risk levels. Of course, they will also put in some safe investments in this bond pool. For example, national debt.

Junk bonds suddenly turned into funds with certain risks. The guy who sells funds will tell you that although there are certain risks, but the interest rate is high, usually, there will be no problem.

Of course, there are many details here. For example, guarantee institutions, such as short-selling institutions. A very junk bond, under their various derivations and packaging, the subject matter far exceeds those junk bonds.

The so-called subprime mortgage crisis does not directly involve much capital. Later, the toss was so great, mainly because of these derivative products. Later, those who made mortgages couldn't bear it anymore, and those who provided insurance directly collapsed. The funds involved here far exceed that subprime loan.

These are just subprime loans, and the amount of normal housing loans involves more targets. If the U.S. housing market crashes, my goodness, better hide in a hole in the ground.

What William White presented today is a car version of financial derivatives. If this thing can be implemented, he really doesn't worry that his car will not sell well.

Lao Mei buys a car with a loan, and there is rarely a one-time payment. The interest rates on these loans are not low. If William White's plan is implemented, a reduction in interest rates is almost a certainty.

In this game, the bank reduces the risk, the car buyer reduces the interest expense, the brokerage has an additional bond that can be sold, and the insurance company has an additional income.

Tsk tsk, no one's interests have been eroded. The most important point is that after the bank sells these loans in a package, it can immediately get back the money borrowed.

If there are so many back and forth, my God, this is simply a no-cost business.

"Boss, we can't finish it. This requires the cooperation of the investment bank." Filson's face was very serious, and he regretted it a little now. If he was an investment bank here, this would be a very remarkable deal.

"Of course, I feel that if Lehman and Bear Stearns join forces, it will not be very difficult. By the way, AIG should be able to eat this insurance."

"I understand, Boss, let me scrutinize the details. Hehe, if this thing comes out, Goldman Sachs and Morgan Stanley will have a headache."

"Hehe, let these two bastards put eye drops on me. By the way, keep this matter a little more secret. It will definitely not be so easy to catch up with those ground turtles after they react."

"Hehe, there is also a tacit understanding between investment banks. It would be a very shameful thing if they swarmed regardless. Unless it is absolutely necessary, they will never do so."

Filson wanted to cry a little. After so many years of working on Wall Street, why didn't he figure out such a thing?

If you want to say how innovative it is, that is also nonsense. This so-called auto finance plan is just a cold dish. Those who sell junk bonds are not too unfamiliar with this thing.

Lehman, Bear Stearns, hehe, these two guys are really lucky. If you come so many times, the major investment banks in the United States may need to rearrange their seats.

"President, Motorola seems to have abandoned analog phones. Should we continue this research?"

"Bastard, have you solved the problem of the mobile phone not being able to move?" Li Jianxi's liver was trembling when he said these words. The stalk that the four-star mobile phone can't move is as ridiculous as the stick's car needs to be pushed to move.

Under William White's relentless slander, Smecta's products were almost hacked. On the talk show, if there is no sticky stalk, this talk show will obviously not be very successful.

"President, our technology has made great progress. We have learned that European mobile phones also have these problems. As for how to solve the problem, they keep it secret."

"Damn it, I just want to ask, what kind of technology accumulation can the foot basin and Baodao's foundries have. Why, why can they solve it? If it doesn't work, we can also hand it over to them as an OEM."

"Chairman, they have a non-disclosure agreement for the radio frequency technology. According to our understanding, they have set exclusivity clauses. Can we consider anti-monopoly."

"Get out."

Li Jianxi broke out completely, anti-monopoly? Hehe, do you dare to compete unreasonably with the US emperor?

Don't worry, they can easily shred Smecta's agricultural products. Smecta's labor cost is too high, and it is not his opponent at all.

The United States is rich in land resources, and there is no problem of barren land. Generally speaking, it is a one-year break for one year. Those who are a little more diligent may plant some grass.

From planting to harvesting, to final packaging and marketing, the entire process is automated machinery and equipment. Don't talk about the country of sticks, if there is a price war, no one can win them.

If Four Star wants to counterattack, it must work hard on product quality. It is best not to use those outside the plate tricks on the US emperor, especially William White.

Look at today's memory sticks, don't they just live in peace?

Besides, the technical barriers in production, how can it be possible to use any anti-monopoly. As a technical director, I am really stupid in reading and reading.

Li Jianxi found that it was necessary for him to learn the footbath. There was no less rivalry between them and William White.

From semiconductors to cars, from comics to game consoles. William White was playing with his feet pressed. Even so, there is a lot of cooperation between them. The memory technology that I regard as my treasure is not the same as the foot basin. There is also Tesla Motors, the foot basin man is the second largest shareholder.