Chapter 2756 News
When John sat on the podium, under the attention of a large number of media, and solemnly signed his name on the investment agreement, he couldn't help but look back. Feng Yiping, who was standing behind him, gave him an encouraging smile.
John's heart was warm again.
Next to him, Gary Cohn, Lloyd's deputy, Goldman Sachs' co-president and chief operating officer, had put down his pen and stood up, holding an agreement and holding out his hand to him.
Suddenly, applause broke out on and off the stage, and flash lights kept flashing. John exchanged agreements with Cohn and shook hands.
He knew that even many years later, he would definitely remember this scene, because from this moment on, he was widely recognized by the public for the first time, and the title of "King of Funds" that had been circulated in Wall Street before would definitely be more widely known.
Although he was somewhat unworthy of the name and was pushed out by his boss, John knew that no matter what, this moment was his peak!
Feng Yiping also applauded with all his heart. It was not easy to be so smooth!
This timing was really great.
If it were normal, how could it be so easy to buy shares in Goldman Sachs?
Even if Goldman Sachs agreed, other companies on Wall Street would probably find ways to sabotage it.
At least, they would not quietly watch Feng Yiping and Goldman Sachs's union. These companies on Wall Street, one by one, are all jealous of others' success.
Goldman Sachs made great efforts in the sale of Bear Stearns and the collapse of Lehman Brothers. Other companies must have been busy during this period.
The creed of this street is that if no one around you falls, then you are not strong enough.
Feng Yiping does not agree with such ruthlessness and such extreme selfishness, but he appreciates it. At least, he hopes that he can understand it well enough - in case someone uses such means to deal with him.
Therefore, he made this investment.
In addition, the reason for investing in Goldman Sachs instead of other financial institutions is also because of Goldman Sachs' influence.
Wall Street executives have always had the practice of holding public office, but among them, the executives who came out of Goldman Sachs are the most numerous and the most successful.
Let’s not talk about the United States. Now there is not only the Treasury Department of Goldman Sachs and the White House of Goldman Sachs. Let’s talk about Canada next door. Mark Carney, who is in charge of the Bank of Canada, worked at Goldman Sachs for 13 years.
In Europe, the head of the Bank of Italy, Mario Draghi, is a former vice president of Goldman Sachs.
And the current president of the World Bank, Robert Zoellick, who has a small mustache, is not only familiar to the domestic people, because he has dealt with us a lot in the position of US Trade Representative and Under Secretary of State in charge of economy, and has a positive impression of us. Before he became the president of the World Bank on July 1 last year, he also worked at Goldman Sachs as the international vice president...
Feng Yiping is very confident that in the future, there will still be executives working for Goldman Sachs who will hold important positions in the United States and other countries and international organizations, and they will generally be senior officials in the financial sector.
Similarly, there will be former government officials like Zoellick who will come to Goldman Sachs to serve as executives.
Therefore, as a shareholder and board member of Goldman Sachs, he can naturally use these network resources.
Not to mention in China, even abroad, if you reach a certain level and don't build such a network of relationships, you are a fool.
Moreover, from the perspective of business and investment, investing in Goldman Sachs is definitely a very cost-effective deal. He estimated that in the end, at least the return will be more than 60%.
Lauld, who was applauding beside him, also had a smile on his face, but from the words he took the opportunity to say in Feng Yiping's ear, it can be seen that he was obviously not as happy in his heart as on his face.
His words were, "Take advantage of all!"
Feng Yiping smiled even brighter when he heard it, "It's all agreed, isn't it?" He also said in Lauld's ear.
The reason why Lauld is still a little indignant now is related to the $5 billion option.
Goldman Sachs' current stock price is $125. They originally planned to price the $5 billion option at $120, but after a discussion, or a debate, Feng Yiping successfully reduced the price by another $5 to $115 per share.
This means that Feng Yiping has the right to purchase 43.5 million Goldman Sachs common shares at a price of $115 when the stock price is appropriate in the future - when it rises relatively high.
At this price, let alone in the future, even now, if Feng Yiping chooses to exercise the option, he can theoretically earn $10 per share, which means he can easily get $435 million.
Without spending a penny, he can cash out $435 million now - this is a deal that is profitable from the beginning.
At a time when the three major domestic banks are about to pay a large tuition fee, Feng Yiping is somewhat happy and proud that he can reach such a deal.
I will help you make up for the loss.
However, Lourdes's appearance was also deliberately made for Feng Yiping to see, so smart that he even has no hair Goldman Sachs - Paulson didn't have much hair before, and Lourdes doesn't have much hair now, and Cohen, Lourdes' deputy, is tall and strong, but still doesn't have much hair. How could they agree to an unprofitable investment?
Otherwise, they would not have arranged so many activities for this investment.
Of course, they can obtain US$5 billion in liquidity, but more importantly, through Feng Yiping's investment, investors can regain their confidence in Goldman Sachs - ICBC introduced them as strategic investors in the past, hoping to invest overseas. It can be said that investors have confidence in them through Goldman Sachs.
What's more, United Fund will also have a seat on the Goldman Sachs board of directors - everyone knows that that seat actually belongs to Feng Yiping, which means that Feng Yiping is absolutely optimistic about Goldman Sachs.
So from this perspective, the focus of this investment lies in the future of Goldman Sachs, which is naturally not about the amount or the temporary return.
…………
The reporters followed the head of the Goldman Sachs Public Relations Department. Feng Yiping took John and the others and walked side by side with Lord towards the conference room. From this moment on, they were considered certified partners.
A young man walked over quickly and said to Lauder, "The stock market has rebounded as a whole."
He glanced at Feng Yiping cautiously, "Our stock price has risen by 2.6% and is still rising."
Feng Yiping glanced at John. The overall rebound in the stock market was of course not caused by the agreement they signed, but because the U.S. Securities and Exchange Commission, following the UK, announced a temporary ban on short selling of financial stocks.
But the rise in Goldman Sachs' stock price is of course directly related to the agreement just signed.
Lauder smiled and held Feng Yiping's hand, "Feng, you see, it's very effective, so we hope you can do better in the following interviews."
Feng Yiping shook off his hand, "You are the chairman of the board of directors, so of course you have the final say,"
"Haha, Feng, you're kidding me. I'm asking you to do this." Lauder pulled Feng Yiping into his office again and shut the rest of the people out. "As one of my own, as a friend, I think, I You may be interested in knowing this news,"
Feng Yiping blinked, how could you be so good?
Lauder lowered his voice, "I know that your sovereign fund is talking to Morgan Stanley about buying shares, but the two parties are currently stuck on the price."
Feng Yiping knew this situation well.
He also knows that the investment between CIC and Morgan Stanley has not yet been negotiated. The main reason is CIC. It may be because he almost got scammed at the end of last year, so CIC is extra cautious this time about investing in Morgan Stanley. The conditions are quite harsh.
"I know this too," he looked at Lauder, "What do you want to say to me, you mysterious person?"
"But you may not know that at the same time, Mak Jinheng was quietly in contact with other institutions," Lauder said.
Feng Yiping suddenly became serious. Is there such a thing?
Morgan Stanley also has a wide range of influence around the world, and their current stock price is considered to be the lowest in history. If CIC can successfully invest in Morgan Stanley at this time, it will be a very good deal.
It would definitely be embarrassing if someone pried it away.
"As far as we know, the third party that Mai Jinheng secretly contacted is Mitsubishi,"
Feng Yiping still couldn't figure out why Lauder told him this. He always felt that this guy would not be so kind, but his intuition told him that at least the information provided by Lauder should be true.
When his cell phone rang, he looked at it and said, oh, what a coincidence, Teacher Zhou.