Chapter 2535: None of Them Are Easy to Deal With

When knowing that a person has a lot of money, most people's reaction is usually "Wow", they will be a little shocked, and then they may feel a little sad, a little disappointed, why are we the same person but different lives? Why is my wallet not so thick? Come on...

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

But Lauder was different. When he finished chatting with Feng Yiping on the night of the 8th, he knew that Feng Yiping had a lot of cash in his hands. His first thought was that in this case, he must find a way to get it. Part of it becomes one's own - this is what Wall Street people do.

He immediately found an opportunity. The wonderful thing was that that opportunity was actually created by himself.

But the U.S. dollar was on top. He proposed to Feng Yiping to take Hilton from Blackstone. In fact, he was using the loan owed to them by Blackstone to offset the return they should pay to Feng Yiping and his fund. He did not plan this step. .

Now when I think about my proposal, it feels really incredible that I actually created an opportunity for myself to kill two birds with one stone - everyone will have such a time when they feel that they are simply a genius.

Lauder quickly selected the two most suitable candidates from the 25 banks that originally provided loans to Blackstone.

The reason why he had to screen was, in addition to selecting those with weak bargaining power, the most important point was that he wanted to ensure that his opponent, Damo, would not learn of his plans.

Although because of Feng Yiping's relationship, Goldman Sachs and Morgan Stanley are now considered a common actor in matters related to Feng Yiping, they still have to be highly wary of each other in such matters that are related to their own vital interests.

The two banks finally selected have always had a good relationship with Goldman Sachs. Among the 26 banks, their strength is average. The amount of loans they provided to Blackstone is also ranked at the bottom.

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

Therefore, Lauder believes that the cash he is giving at this time is very attractive to them, that is, for this cash, they are very likely to use this debt, which does not look promising and will probably be discounted. Transfer to yourself.

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

In other words, it’s less than 55% off.

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

With these two companies at the bottom, Lauder felt that it was time to talk to Deutsche Bank.

Deutsche Bank was the main force in the group of banks that loaned money to Blackstone last year. If it takes over Deutsche Bank's debt, not only will it gain another income, but most importantly, it will help it in the following process. It was rare for Feng Yiping to take the initiative.

When he picked up the phone, Lauder was in a good mood, not only because he felt he was going 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 not very active in helping the development of German industry and commerce, their main energy and resources are spent on international expansion.

Of course, judging from the results, their results are actually pretty good.

Especially in the second quarter of last year, when major banks around the world were looking sadly at their unsatisfactory financial reports, Deutsche Bank's performance in the second quarter was definitely a bright spot. Their total profits hit a record high. Profit exceeded 2 billion euros, a year-on-year increase of nearly 30%!

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 fireworks. In 2007, their total number of employees actually increased significantly by nearly 20%.

But now, haha, Deutsche Bank, which thought it was staying out of the matter, discovered that it was not immune.

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

Therefore, he felt really happy when he thought about Deutsche Bank's bullishness last year. With this mood, he dialed the number of the head of Deutsche Bank in the United States and said, "Hello Carl,"

"Hey Lord, do you have the latest news about Bear Stearns?" It seemed that Carl regarded this phone call as an ordinary greeting among colleagues.

"Sorry man, I don't have any updates other than what we all know," Lauder said.

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

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

"Yeah," Lauder agreed.

He felt that what Karl said was great, and it inadvertently brought the distance between them closer.

In this case, he is ready to continue to guide Karl to say "yes", "So at this time, cash, more cash, is the only way we can get out of this crisis safely,"

Of course Carl said, "Yeah,"

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

Because this principle is understood by everyone, including Bear Stearns, but the problem is, at this time, how can we make the cash in our company account more and more.

"So, we have been reviewing our debts recently," Lourdes led the topic in the direction he wanted to talk about, "and then we found that many decisions made last year were indeed a bit hasty,"

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

"Uh..." Carl seemed to be hesitant to speak, and after a pause, he said, "Who said it wasn't,"

This is great!

"Hilton's current situation is getting worse and worse, and Blackstone has the intention of taking advantage of the fire. I think you have also received their calls, debt restructuring? Isn't it just to make us agree to reduce part of the debt and convert part of the debt into equity so that they don't have to pay it back?" Lourdes looked indignant.

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

"We do have a plan," said Lord. "Since Blackstone has acquired Hilton with our funds and now wants to negotiate debt relief with us without repaying the debt,"

"Then I think it would be better to pool our debts and take Hilton into our hands..."

"So, Goldman Sachs intends to take Hilton from Blackstone?" Carl asked.

Lord heard the joy in Carl's words.

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

"It's just a coincidence," Carl interrupted him, "This afternoon, Feng Yiping took the initiative to find us and talked about this issue,"

Suddenly, it felt like a duck egg was stuffed into Lourdes' throat, choking him and making him speechless, "Really?"

"Yes, we have had fruitful discussions with Feng Yiping on this issue, but," Carl laughed again, "Feng said at the time that there might be new offers, but we didn't expect that the new offerer would be you,"

"Lourdes, can you tell me your offer? I will immediately report it to the Frankfurt headquarters,"

I'll give you a pig's trotter (traditional German food)! Lourdes wanted to throw the phone at this time.

Feelings, Carl understood his intention just after he started.

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

Because Carl must know what's going on.

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

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

Bargaining with Feng Yiping, do you think I'm a silly Italian in World War II?

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