Chapter 612 Meeting with Goldman Sachs

The results of the investigation that Li Zitao waited for were a bit vague, and there was no definite answer as to whether he was involved with the Red Party.

But he guessed that there should be some, but someone deliberately concealed the truth.

Li Zitao didn't ask any more questions about the compensation for the matter, but asked people to handle the compensation and treatment of the employees.

"Bechtel has stopped all cooperation with Japanese companies, AD-B has banned exports to Japan, and oil has also been stopped. Anyone who dares to do it will be blocked. Help me contact Goldman Sachs."

Goldman Sachs has flourished in Japan, and they are responsible for 90% of government and corporate bonds and IPOs.

"BOSS." Ava answered the phone and handed it to him.

"Weinberg, how about having coffee together sometime?" Li Zitao said while holding the phone with a smile.

"That's great. I've been looking forward to visiting Fuguo." Sydney Weinberg readily agreed.

After making an appointment and hanging up the phone, the smile on Sidney Weinberg's face gradually cooled down, thinking about why this hungry wolf that was preying everywhere found him.

After receiving the loan, Li's holding company vigorously supported industrial industries, development and sales channels, and more and more enterprises were controlled by itself.

On Wall Street, Wells Fargo was supported by Mobil Standard Oil and Chrysler. Although it failed to catch up with Mobil Standard Oil's previous additional issuance, its potential and status on Wall Street were also increasing day by day.

"Could it be that they are targeting Goldman Sachs again?" Thinking of this, Weinberg became nervous.

If that's the case, Goldman Sachs will have to be careful.

In the Great Depression that occurred in 29 years, due to the company's crazy expansion, it collapsed in an instant. Goldman Sachs' stock plummeted from the highest market value of 200 US dollars to 1 US dollar.

Although Goldman Sachs is still the top of Wall Street in investment, consulting and other fields, in the eyes of Wall Street peers, Goldman Sachs is the best joke for being alive.

In 30 years, Sydney Weinberg took over Goldman Sachs and cut off all the originally diversified and complicated businesses, selling what should be sold, and closing what should be closed.

Especially the "stock trading," which was originally an important business of the company, Sydney Weinberg also decisively abandoned it.

Putting all his energy into investment has saved Goldman Sachs a lot of reputation.

Former investors believed that Goldman Sachs' wrong decision to expand rapidly made it almost on the road to extinction.

Focusing on the field of expertise is the best way to make it rise again.

Now that it is officially restructured into an investment bank, Goldman Sachs' style has also changed from the rapid growth before the Great Depression to a conservative and steady one.

This is exactly in line with the mentality of investors, after all, the Great Depression has just passed.

The people who made money in this disaster can be counted on two hands, and all others lost money. Everyone is afraid of another similar disaster. Conservative and prudent is the right way.

Goldman is also working with local governments and cities to issue local bonds, currently their most profitable business.

There is a lot of waste waiting to be done, money is everywhere, the market has regained its vitality, and more importantly, capital has resumed circulation.

This is reassuring. The continuous flow of funds from the banking industry into the market, forming a virtuous circle, means that the market has become active again.

Local governments and cities are also catching up on this wave of development, backed by loans from the federal government, and capitalists are opening their pockets generously.

Their political careers would have been wasted had they not taken this ride.

but……

The current Goldman Sachs is completely incomparable with Li's Holdings in terms of magnitude.

Li Zitao privately bought the directors at a high price, and after gaining the controlling stake, he decisively overcame all difficulties at the shareholders' meeting, leaving no room for trouble.

The elites on Wall Street have already seen the method of directly driving all shareholders out of the market and taking full control of the American Trust Savings Bank.

If he treats Goldman Sachs in the same way, Weinberg will not be able to stand it. What he wants to do most now is to know who has met Li Zitao.

...

The next day, New York, Ritz Hotel.

At 2 o'clock in the afternoon, Li Zitao showed up at the hotel on time and met Weinberg, the helm of Goldman Sachs in his prime, in the garden restaurant on the top floor.

"Weinberg, the professionalism of Goldman Sachs is admirable. Congratulations on obtaining the right to issue bonds in Los Angeles." After the two parties were seated, Li Zitao extended his hand sincerely.

"Thank you." Weinberg smiled lightly, and said politely: "The humility of the Chinese always keeps people happy. Goldman Sachs' achievements are nothing compared to Wells Fargo and Trust Bank."

Leaving aside the bond issuances of Mobil and Chrysler giants, the profits made by the many companies invested by Fuguo are enviable.

Angel investment, a very interesting name, focuses on supporting high-quality small companies, and quickly cashes out after medium and large companies initiate acquisitions.

Take their most successful deal recently as an example. A small research and development institution has made progress in steel melting and has attracted the attention of AD-B and US Steel.

The two companies competed for each other. In the end, AD-B successfully acquired the other party for US$8.6 million, and Wells Fargo cashed in US$3.44 million.

And three months ago, they invested in this company and obtained 40% of the shares at the price of only $80,000 in research and development expenses.

98 days, 43 times the profit, how many people are envious are going crazy.

"Angel investment is what Lawrence is doing. That is his so-called dream." Hearing Weinberg's praise, Li Zitao was also happy for Lawrence.

In the end, he still became the angel investor he wanted to be, which is why Li Zitao became more and more busy and didn't even have time to go to school.

"Dreams generate motivation, and motivation leads to success." Weinberg conveniently fed him a bowl of 'chicken soup', which was very fragrant.

"Let's talk about the purpose of my visit today!" Li Zitao shifted his body and sat upright, and said under Weinberg's nervous expression: "It is said that Goldman Sachs has the bonds of Osaka and JR in its hands, and I want to buy them all. Make a price!"

Click!

Weinberg's heart skipped a beat, and he didn't understand what he wanted to do. What's the use of Osaka's city bonds and JR (Japan National Railway) bonds?

To be honest, Goldman Sachs really wants to trade these two bonds. JR's operating conditions have been very bad, and the debt ratio has reached 79.6%.

The country's massive subsidies and the domestic population have caused continuous losses in railway operations.

Osaka is developing very well, but the national and local governments' subsidies for heavy industry are simply crazy.

Their government doesn't seem to care about the economy at all. A large number of subsidies have allowed industrial development to quickly modernize, and it has surpassed European and American countries at a double speed.

Today's Japan is completely showing an attitude of "preparing for war", and its goal is self-evident.

Companies holding Japanese debt now know very well that there are only two possibilities in the future. Japan will rise strongly in the war and become a major country in East Asia, or even a superpower.

The bonds in their hands will turn into gold in an instant, but if the result is not, then these bonds are a pile of garbage, and they are too disgusting to wipe their ass.