Chapter 2780: No One Can Help You

Su Shiming certainly knew that the creditor of Blackstone with more than 20 billion US dollars at this time was actually Feng Yiping.

Before Cummins spoke, Lourdes became serious for the first time, "Stephen," he stood up, "our time is very tight, and the current situation, as you can see, will not give us much time for tug-of-war negotiations,"

"Let's put it this way, today's meeting must and must determine the general framework,"

He did not say that if Su Shiming left now, what would happen next.

Su Shiming looked up at him, his eyes suddenly became very sharp, but his hands did not stop moving.

Lourdes' words were very threatening.

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

After so many years of ups and downs, would I still be scared by a few words from you?

Xu Bin couldn't help but look at Lourdes, it's not good to leave so unhappily.

At this time, Lord did not look at Xu Bin. He looked at Su Shiming.

But with just that one look, Su Shiming, who looked like he was about to leave, suddenly looked ugly and stopped.

Lord was not looking at anyone else, but the subordinate who had just spoken up and was stopped by Su Shiming.

Su Shiming was really nervous now.

He stared at Lord.

Lord smiled and raised his head, looking like a fart who was too lazy to explain.

Su Shiming really wanted to curse at this time, you dead bald head!

Gary Cohen said softly, "Stephen, if the market spreads the news that Blackstone is unable to repay the loan, how do you think things will develop next?"

"Will the rating agency downgrade Blackstone's rating?"

It will definitely be downgraded.

Not to mention that there is such a reason, even if there is no such reason, as long as Goldman Sachs is willing to spend money, the rating agency will not downgrade Blackstone's rating?

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

After the subprime crisis, only Goldman Sachs and Morgan Stanley are left among the five major investment banks.

The two major banking groups are Citigroup and JPMorgan Chase.

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

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

These four major groups are not only the core of Wall Street, but also the main components of this financial chain. Obviously, in this chain, investment banks are in a strong position.

For such reasons, as long as Goldman Sachs gives a hint, the three major rating agencies will have to downgrade Blackstone's rating, whether for public or private reasons.

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

Xu Bin felt his eyes opened again. Was it such a naked threat again?

Even as an outsider in the financial industry, he understood what the result would be if everything developed as Cohen said.

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

After that, those companies that were once so powerful had only two options to go, either sell themselves at a low price, or if no one was interested in it, then the only way was bankruptcy.

And for the person in charge of the bankrupt company, the bankruptcy of the company brought more than just financial losses. Just like Fuld of Lehman, he would also face numerous lawsuits...

Su Shiming glared at the man who could not speak again. Hilton is Hilton, why did you specifically point out that there was Blackstone behind Hilton?

Are you reminding and guiding them?

It was because of this worry that he just stopped the guy.

But he actually understood that he was taking his anger out on others.

What he was most worried about, Lloyd and his people would definitely not let go.

He had an epiphany at this time, and he really shouldn't have gone public last year.

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

Compared with the beginning of the listing, Blackstone's stock price has shrunk by 50%. If the rating company downgrades their rating again, then the stock price will definitely dive, and they will face a situation of no return.

Lord... I remember you.

But as a colleague, he actually understands what Lord and his colleagues are doing. On Wall Street, what is not done to the extreme?

He sat down again and looked at Cummins again, "Cummins, tell me your conditions,"

"We have always been seeking win-win situations for all partners," Cummins smiled.

At this moment, he clearly knew that he had already won.

Hearing his words, Su Shiming did not hide the sarcasm in his eyes, win-win?

Then you tell me, according to your proposal, where do we win?

Lord is also a little allergic to the word "win-win".

In the process of cooperating with Feng Yiping, although Feng Yiping has always left room for improvement, and they themselves have indeed gained a lot, it can barely be considered a win-win situation, but overall, if he had to sum up his feelings in one word, it would never be It’s a win-win situation, but it’s frustrating!

The feeling that your every move is clearly being calculated by someone, and that in many cases you don't always comply with the other person's wishes, is really frustrating.

Well now, it seems that someone will be more aggrieved than us, and Lauder can't help but feel a little gloating at this time.

"So, we can consider reducing part of the $20.5 billion loan owed by Blackstone," Cummins finally made a substantial concession.

Su Shiming nodded slightly, which was considered sincere!

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

"We'll talk about the specific ratio later," Cummins said with a smile, not giving an accurate answer. Of course, we have to start with the 95% discount. "At the same time, we agree that Blackstone will use other commercial properties it holds to offset the remaining loans. ,"

Su Shiming immediately noticed the word "offset".

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

However, he looked at Lord and Gary Cohn sitting aside, and what could he do if they were such colleagues who were helping others to harm others?

Who just said that the debtor is more powerful?

If he has watched "The White-Haired Girl", he will know that sometimes creditors can be very powerful.

He thought for a moment and said, "We agree to this plan in principle. So, next, can we talk about the specific reduction ratio?"

…………

This autumn, Feng Yiping reaped fruitful results 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 to the provincial capital from the capital in frustration last month, he originally planned to borrow a loan shark, but after calculating the funds he needed and the high price he would have to pay, he found it difficult to make such a decision.

So these days, he has been working hard on two aspects. While negotiating with loan sharks, he also tried his best to contact banks. Tonight is a very crucial meeting.

"Jizhong," Shen Xue, dressed in fine clothes, came down from upstairs, "Let's go,"

Shen Xue, who was dressed up carefully today, made Liu Jizhong's eyes light up, but what followed was the humiliation that made him feel embarrassed.

After the marriage, he certainly took Shen Xue to some social events, but those social events were all social events between colleagues in the business world. In those social events, he, Mr. Liu Jizhong and Liu, was the central figure and the target of everyone's compliments and favors.

He had never brought Shen Xue to such a dinner party where he was dominated at night, 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 her didn't have such thoughts as Liu Jizhong. Speaking of it, she actually quite liked such an occasion.

She held Liu Jizhong's arm and said, "Let's go and take them down."

Take it? Liu Jizhong really didn't have that kind of confidence at this time.

From the door to the car, from the home to the hotel, from the hotel door to the elevator... He wanted to ask his wife to go home several times, but in the end, he just sighed secretly...