Chapter 111 Introducing the Pentagon Building
Bill Gross' trading methods made his opponents very uncomfortable. He was always making surprise attacks. Whenever AT&T stabilized Motorola's stock price, Bill Gross would suddenly short Motorola's stock price. Stocks, but when AT&T wanted to take on Bill Gross, Bill Gross slipped away. As a result, AT&T accumulated more and more losses.
Bill Gross has his own difficulties, because he is not sure how much support Goldman Sachs and Morgan Stanley will provide to AT&T, so Bill Gross can only use this rogue tactic to wear down the opponent's patience , to wait for the opportunity to seek the opportunity to defeat the opponent.
During this time, under the arrangement of Schwarzman, Eva began to visit Wall Street bankers, including fund companies, commercial banks, investment banks, insurance companies, and trust companies. A month ago, these companies still ignored Eva, but now they have changed their attitudes and began to actively seek cooperation. The most critical of these is Bear Stearns, one of the major shareholders of Motorola and one of the five largest investment banks on Wall Street. Because of the suspension of AT&T, Motorola, which originally played a minor role in this business war, became the biggest shield for AT&T's bearishness. This made Bear Stearns angry, which gave Eva an opportunity.
The biggest obstacle that Peterson is looking for new investors in Japan is the Ministry of International Trade and Industry of the Japanese government. The president of NTT has agreed to join the Iridium project under Peterson's persuasion. The personal relationship has also been supported by Sony. In return, Sony will receive an order for the production of terminal equipment for the Iridium Star project. In addition, another powerful Japanese manufacturer, Kyocera Group, is also willing to join in and jointly participate in the Iridium Star terminal equipment production order. Manufacturing of equipment.
Akio Morita and Kazuo Inamori, the president of Kyocera, are like superstars in the Japanese economic circles. They are representatives of the Japanese economy in this era. At Peterson's request, the two criticized the MITI's conservatism in newspapers one after another, and as the Minister of Finance, Noboru Takeshita also led his Takeshita faction to join the siege of the MITI because Mikhail had already He promised in private that Minister Takeshita’s secretary can indirectly hold one-thousandth of the shares of Iridium Star Corporation through a shell company in the Cayman Islands. According to the total investment amount of the Iridium Star Project, this is already a wealth of tens of millions of dollars Yes, once Iridium goes public in the future, this investment will be multiplied by dozens of times. Mikhail, who managed Minister Takeshita, also indirectly pulled the Bank of Japan and the Bank of Tokyo into the camp of Yota Communications.
Minister Takeshita is a powerful political force in the current ruling party, the Liberal Democratic Party, and it is said that he is very hopeful to win the throne of the next prime minister. However, the Liberal Democratic Party is not monolithic. The Nakasone faction represented by Prime Minister Yasuhiro Nakasone is still the largest faction in the Liberal Democratic Party, and the Ministry of International Trade and Industry is firmly in the hands of the Nakasone faction. The industry representatives Akio Morita and Kazuo Inamori The company he led was an important source of income for the Liberal Democratic Party. Coupled with the fact that the Takeshita faction was making waves in the party, the Ministry of International Trade and Industry finally compromised.
Not long after the Ministry of International Trade and Industry officially replied to NTT, Peterson had already boarded the business jet arranged by Eva and flew over the Pacific Ocean. In the early morning of the next day, Bloomberg News broke out new news immediately. The iridium project of yota communication has received support from the Bank of Japan, the Bank of Tokyo, NTT, Sony, and Kyocera. Star plans to inject 7.5 billion US dollars to obtain about 15% of the original shares of Iridium Star. The stock value of Iridium Star has reached 50 billion US dollars without listing.
With the participation of the Japanese consortium, Wall Street will now re-examine the value of the Iridium project. Not long after this news was released, the emerging aristocratic Columbia Bank and Lehman Brothers, one of the five major investment banks, also announced their entry into Iridium Corporation.
They will each invest 2.5 billion to participate, and in return the two companies will each receive a 5% controlling stake.
The 25% of the shares that Eva gave up received a capital reserve of 50 billion US dollars. However, the investment of Columbia Bank is just a cover. In fact, it is just a trick of Gorky's enterprises. However, outsiders don't know the relationship between Columbia Bank and Yota Communication.
With 50 billion funds, Yota Communications no longer has any worries. Peterson returned to the United States and began to use his connections in the American political circles to find a new partner that could replace Motorola. Even Eva was surprised by the partner Peterson hoped to pursue.
"What, you want the Pentagon to get involved and invest in us?" Eva was taken aback by Peterson's idea. He never thought that the Pentagon could also be called a partner of Iridium.
"Eva, if you don't want Iridium to fall into long-term losses after the official operation, it is definitely the most cost-effective to get the Pentagon contract. We can lobby them to give up developing their own global satellite communication system and use ours instead. With that Another advantage of having the Pentagon in charge is that the Japanese on the board of directors will never dare to make mistakes in the future. Even if Iridium is really listed in the future, they will not be able to rely on funds to purchase circulating stocks to control the company and crowd you out. Get out of the board!" Peterson explained patiently.
"Well, Mr. Peterson, I'm really shocked by your thoughts, and I don't object!" Eva said apologetically. She was actually intimidated by Peterson. If the Pentagon knew that the boss behind Iridium was the Minister of Foreign Trade of the Soviet Union, she would have to be scared to death.
"Eva, the reason why you went to Motorola to cooperate is because they had developed a similar satellite communication system for the Pentagon, but the information I got is slightly different. There is another important participant in this system, Arms manufacturer Lockheed Martin. We might reach out to that company to see if we can get what we can't get from Motorola from Lockheed Martin!" Peterson suggested again, Eva now deeply feels the true value of the tens of millions of dollars spent by Blackstone Company. Peterson and Schwarzman are simply not comparable to those bankers on Wall Street who only recognize money. ...
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