America's Road to Fame

Chapter 138 Appetizers
Fortunately for Goldman Sachs at this time, they also bought a large number of CDS bonds issued by other institutions in a timely manner in order to hedge risks. It is conservatively estimated that if the crisis breaks out, they can completely hedge losses, and even dozens of Billions of dollars were recorded.

But now that they are facing a possible loss of more than 10 billion US dollars, they naturally hope to recover these CDS bonds in advance to reduce losses.

Of course, Lloyd also knows that it is not easy to get the other party to agree to this request, but you can try to talk about anything, and this project involves more than 20 billion US dollars, and it is worth his CEO personally meeting this very A young man who may soon become a new billionaire.

After all, at any time, such a person is what Goldman Sachs needs to fight for.

"William, it's a pleasure to meet you. I have met your parents before. They are all excellent people. It's just a pity... But if they can see your achievements today, they will be very pleased."

As soon as we met, Lloyd said so, but he didn't exaggerate, especially William Chen's mother, who was born in the Drey family, had countless suitors throughout the United States, that is, she was low-key, otherwise The reputation will be even greater than the current celebrities such as Ivanta and Paris.

To be able to marry such a famous lady, one can imagine how outstanding William Chen's biological father is.Therefore, it is not surprising that Chen William's face value is so heaven-defying, after all, his parents are rare handsome men and beautiful women.

After the pleasantries, the two sides talked about the bonds purchased by Meta Investment Company from Goldman Sachs.

"Congratulations, you have won your bet. You will get amazing returns this time, but I hope you can let us buy back those CDS bonds we bought from us. Of course, we will give you a good price. In addition, you You can get the friendship of Goldman Sachs, you know, no matter what, we can help you."

Even if he wants to recover those damned CDS bonds, Lloyd will not extravagantly hope that William Chen will let them buy them back at the original price. There will still be necessary bleeding, but he can recover the losses as much as possible, and he handles them properly at this stage. , I believe that my decision-making will definitely satisfy the board of directors. After all, the foil of peers is the key point.

"Sorry, Mr. Blankfein, I'm afraid it will be difficult for me to do this. You know, we not only have CDS investment in your company, it can be said that we have contracts with almost all CDS guarantee institutions. , so if we compromise with Goldman Sachs, then the payment of other contracts will be in trouble, which is impossible for us to let happen.”

"Of course, you can say that we have a non-disclosure agreement, but there is no impenetrable wall in the world, isn't it? No matter what, this matter will not be truly kept secret. Once it is leaked, it will be neither for us nor for Goldman Sachs. What a good thing."

Seeing that Blankfein's face was a bit unswerving after he finished speaking, William Chen continued:

"However, this does not mean that Goldman Sachs must bear such a huge loss. Why do we have to focus on such a thing as CDS bonds? Even in CDS bonds, our cooperation is greater than confrontation, isn't it? Bran Mr. Kefen, I know that Goldman Sachs currently has a lot of CDS bonds from other institutions. We should cooperate in seeking the payment of guaranteed funds. This also requires you to set an example to prevent other companies from maliciously evading Pay."

"But you have more CDS contracts in your hand, William, I don't see how your words are of any greater benefit to Goldman Sachs."

"Yes, it will require you to be more patient, Mr. Blankfein, you know that I have a lot of business, and I can cooperate with Goldman Sachs. If we can stand together, the benefits you get, compared to these ten In terms of the loss of [-] million US dollars that would have occurred, I am afraid it is more worthy of our attention."

"Do you mean?"

"Let's talk about an appetizer first. For example, you know our private equity fund, No. 3 Fund currently hosted by Mr. John Paulson. Our custodian is you Goldman Sachs. This is the beginning of our cooperation, isn't it?"

"Sorry, I don't know much about this, it's not a big business after all."

Chen William understood what the other party meant. The amount of funds in No. 3 Fund is indeed not large. Even if the recent profits are added, it does not exceed 20 billion US dollars. % ratio, naturally he would not see it in his eyes.

"Yes, the size of the No. 3 fund is not large now, but you should see that with the disclosure of our earnings, you can imagine how fast the size of this fund will expand. When the size of our fund reaches If it is 100 billion US dollars, or even 200 billion US dollars, then the one-year custody fee is probably worth your attention. In addition, I will personally set up a long-term investment fund in the future, and the scale will not be less than 100 billion US dollars. Then Bran Mr. Keffin, is this appetizer worthy of your attention now? I wonder if Goldman Sachs is interested in continuing to be our host and partner?"

At this time, Lloyd Blankfein finally had a solemn expression on his face, he turned to smile and said: "Of course, with William's investment record this time, as long as you set up a private equity investment fund, then Don’t say $100 billion, more is easy, and we at Goldman Sachs are willing to help you complete the fundraising.”

"I believe our cooperation will be very pleasant, Mr. Blankfein, look, don't we have a good basis for cooperation now?"

The other party's reaction was not beyond William Chen's expectations. He continued:

"In addition, you should know that after this investment, I will have a large sum of money and make some acquisitions. At that time, Goldman Sachs will only be my partner in these acquisitions, and I believe it will also smooth out your benefits. The next loss."

"Oh? Do you have a goal now, William."

"It's still too early, but what I can disclose is that the total value of these acquisitions will exceed US$200 billion. I believe that Mr. Blankfein should understand that as a member of my acquisition team, Goldman Sachs will be able to acquire What a profit."

At this moment, Lloyd Blankfein finally showed a sincere and cordial smile on his face. He understood that there was no need for William Chen to deceive himself, because to deceive himself meant to deceive Goldman Sachs. Can't afford it.

"William, you can rest assured that we are the most professional in these areas and will seek the greatest benefits for you. Goldman Sachs has always had a good reputation in this regard."

It has to be said that Lloyd's words are indeed not too watery. Goldman Sachs has always acted like this. For those countries or public corporate groups, Goldman Sachs may use all means to obtain profits, even at the expense of fraud. s method.

But for private wealthy groups, their reputation is still very good.

Because they understand that the people they deceived are all appointed executives to manage their assets.

But the rich are different. If they lose money, it is their own property. If you cheat them once, they will never cooperate with you again.

Therefore, in terms of these matters, whether it is Goldman Sachs or other investment banks, they are all clear.

William Chen understood very well that the money he made from Goldman Sachs would not affect his relationship with the other party, provided that there were greater benefits to be given.

It just so happens that he is able to give these benefits now, just like these large-scale acquisitions, it is difficult to complete these large-scale acquisitions in a short period of time, because the acquisition involves billions of dollars, and the whole process is very complicated Yes, what's more, whether it's Marvel or other big companies, there are many shareholders and debtors involved behind them. Often this kind of acquisition is not like his acquisition of those start-up companies. As long as the founders are settled, there will be no problem , Absolutely need the assistance of a big investment bank like Goldman Sachs.

Whether it is persuading those shareholders, creditors, or the financing transaction process, it is not something that Chen William Meta Investment Company can easily complete with its current size.Switching to Goldman Sachs is different. Even many shareholders and creditors are their customers or have business dealings with them. Letting them operate can fully guarantee the success rate, and even they will take the initiative to obtain more fees. Help you get the best price.

(End of this chapter)