Chapter 1031

"The worst of the subprime crisis is over. Credit markets are starting to ease, but the market environment remains challenging..." Richard Fuld, chief executive of Lehman Brothers Holdings, sipping wine among a group of investment banking executives Talk eloquently.

"Wall Street is getting closer to the end of the crisis..." John Mack, CEO of Morgan Stanley, nodded in agreement, and several other people around him also nodded in agreement.

Andy kept a smile on his face, hugged Ivana's slender waist, raised his glass as a gesture, turned and left, and whispered as he walked: "Get out of here, I don't want to hear a group of idiots talking in their dreams."

"Pfft—"

Ivana laughed tremblingly, stretched out her hand and gave her boyfriend a light slap, "It would be rude to be heard."

"Hehe, just wait and see, many people present will be kicked out..." Andy whispered softly in Ivana's ear, the intimate behavior of the two made many people cast envious eyes.

"Everyone, this is my latest closed-end fund with a share of 2 billion US dollars and an annual return of 9%. We are friends and you have priority..."

When Andy passed a small circle with Ivana in his arms, when he heard that the annual income was 9%, he turned his head with a frown and looked at it, and saw that he was arrogant, as if he was giving alms to other people Madoff couldn't help but sneered.

This old liar seems to be in trouble, and he is stepping up to swindle money to plug the hole. Although he knows that if he makes the situation he knows public now, many people can reduce their losses or avoid losses, but, It's about Andy's business.

He is still waiting to make a deal with Paulson on this matter. Besides, this old liar is not fighting alone. His biggest accomplice is MG Chase. At that time, if he can cheat MG Chase, he can also report to Hubers. Deng Commercial Bank's revenge.

In the early morning of the next day, Andy and Ivana finished their morning run. After playing around in the bathroom for a while, they changed their clothes and began to eat breakfast.

All the major media reported on last night's reception of Wall Street tycoons, interviewed some guests, and expressed their views on the $25 billion special national debt auction.

Of course, there have been large-scale reports on the run on IndyMac Bank. Various speculations, analyzes and worries are rampant, creating new panic for this run on the bank.

"IndyMac Bank and the others are too focused on the subprime loan business, and the business development area is too concentrated in California..." Closing the newspaper, Ivana's bright beautiful eyes blinked, and she looked at the opposite person who was having breakfast. the boyfriend commented.

"Hehe, if it's spread out, I'm not looking at it, $32 billion in assets, 1 in every 192 homes in California is in foreclosure, the foreclosure rate in the U.S. 2.6 times the average value, this situation will become more serious as the economic crisis deepens, do you know what this means?" Andy smiled and looked at Ivana while eating breakfast.

"A large number of mortgaged properties will become the property of the bank, but the downturn in the real estate market will bring a greater burden to the bank." Ivana analyzed with a slight frown.

"Not just real estate, but also land. The domestic demand in the United States can't be solved for the time being. I can introduce external forces to share it. California is the largest state of Asian immigrants, and the importance Asians place on real estate is something Westerners can't understand. Yes, especially the wave of Chinese immigrants this year, a villa worth two to three hundred thousand dollars, tsk tsk, do you think the Chinese people who are not short of money will buy it directly with cash..."

Andy tore a piece of toast and stuffed it into his mouth with a smile: "Don't worry, I have a plan. The houses in good neighborhoods will be sold to immigrant Chinese people, and the land can be sold to Chinese real estate companies that are expanding outward. They are not short of money! "

"If there is a good plot of land, our CP Group can also buy it..." Ivana rolled her eyes and said to Andy with a charming smile on her face.

"Payment in full, no problem."

"..."

In the office on the 58th floor of the Newsweek Building in Manhattan, Andy was frowning and listening to Li Xiaoying's report on the talks with Yahoo these days, because Ali is not as powerful as the future, and Microsoft's acquisition of Yahoo this time is mainly because Yahoo's core advertising assets are very profitable. Microsoft sure.

However, because Jerry Yang was not reconciled, Yahoo still insisted on an offer of at least US$53 billion, which is equivalent to US$37 per share. Microsoft's offer three months ago was $44.6 billion, or $31 per share.

"Actually, Jerry Yang is in a dilemma right now. He is unwilling to sell Yahoo. It is his painstaking effort, and he still sells it to his long-term defeated opponent. If he doesn't sell it, he and the other founder, Philo, have little control over it. , but in my opinion, in fact, they are exhausted, and there is no better way to change Yahoo's decline."

Li Xiaoying analyzed calmly, "When I first met with Yang Zhiyuan, the reason why he didn't flatly reject our proposal to acquire Ali's shares was because he thought that in the short term, he might need a large amount of cash to take measures. Make it harder for Microsoft to buy Yahoo."

Andy was also a little speechless, "What else does he want at this price? What a greedy guy!"

To be honest, Andy really did not expect that Ali B2B would become the Hong Kong version of a certain oil after it was listed in HK. Walked out of a downline that made people vomit blood. The market value of Ali (Cayman Islands) has also shrunk to 20% of that when the B2B subsidiary was listed.

In fact, to be honest, Andy has always been on guard against Jack Ma, not to mention that he regards investors as something, and he is not the most fun way to cross the river and tear down bridges. Anyway, he was very happy to see him cheating those foreign investors before. Yes, but now that it's him, Andy is a little less beautiful.

But this guy does have a way of making money, and Ali will eventually reach a market value of hundreds of billions of dollars. Andy will naturally not miss this wealth growth point, but the best way is to guard his own shares and prevent him from cheating himself. It is to constantly increase the shares in his hands, because maybe at any time he will come up with a crooked trick to reduce the shares in the hands of shareholders.

You know, Yahoo is the most typical example. He cut it from 39% all the way to 24%, which shows how powerful it is.

"No matter what, we have to get a part of the shares from Jerry Yang. In this way, you tell Jerry Yang that we are willing to acquire a part of the shares of Ali (Cayman Islands) at a valuation of US$20 billion.

To be honest, if Microsoft's acquisition of Yahoo is messed up this time, and Yahoo's performance fails to meet Wall Street's expectations, Jerry Yang may be forced to resign as CEO of Yahoo, leaving us with little time , when the time comes, there will definitely be a power struggle between Ali and the newly appointed CEO of Yahoo! "

Hearing what Andy said, Li Xiaoying nodded solemnly, but then shook her head and said: "Because the transaction contract signed by Yahoo and Ali back then, accounted for 40% of the shares, and only had 35% of the voting rights. Owned by the Jack Ma team, this clause is valid until October 2010, perhaps we can only get 4% of the shares at most, and we will not get the voting rights of this part of the shares for a while."