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Chapter 542 Showdown

The North American Global Investment Fund entered the market in Southeast Asia not too early, and it wasn't the biggest player in the game. It didn't choose Stud. Collison was a bit conservative because of Song Yang.

Marcus, Collison and the others also reported to Song Yang how much they had earned this time, but it was mentioned in the satellite phone and email, and the specifics are definitely not as good as Marcus himself.

Knowing that Song Yang would definitely ask, Marcus took out a document from the briefcase he carried and put it in front of Song Yang.

"This time, the North American Global Investment Fund earned more revenue in Southeast Asia than..." Marcus made a gesture of the number six to Song Yang.

"However, the investments and acquisitions in Southeast Asia, as well as the fees paid to the federal tax, the repayment of interest to Comerica Bank and other banks, and the dividends distributed to the Collison team, etc., are now the North American Global Investment Fund in Southeast Asia. The profit is expected to be around US$39 billion!"

Cutting leeks in Southeast Asia, although it is said to be a cost-free business, actually has a cost. The US dollars borrowed from the Comerica Bank alone exceeded 27 billion US dollars.

The US dollars earned are spent a lot, plus the messy expenses, nearly 20 billion US dollars were spent in Southeast Asia to acquire and invest in those companies, and there will be nearly 40 billion US dollars left. This is already a profit. flipped!

You know, how long does it take? This is cash flow. In less than three months, even more than two months, you can earn back more than double. Even if you rob the Federal Bank, you will have to rob thousands of dollars. Come here to earn so much.

Song Yang nodded and smiled at Marcus, "Marcus, you can take a vacation and relax. In a few months, you will still be busy!"

Marcus's heart skipped a beat. He didn't know what Song Yang was referring to, but he vaguely felt that it had something to do with ICQ. He knew that Song Yang was going to make a big deal around ICQ.

"Song," when he was about to get up, Marcus still hesitated and looked at Song Yang, "I think that the North American Global Investment Foundation needs to prepare enough reserve funds for all the industries under the North American Global Investment Foundation. Under normal circumstances, maintain the funds for two to three months, otherwise it may be like a company in Southeast Asia..."

Marcus is also well-informed. He has also seen countless companies in America collapse, but in Bangzi, Siam and other places, the whole area will collapse, and countless people will be displaced and live on the streets. Marcus was shocked.

Marcus doesn't know if Song Yang will listen to him. Those upstarts like Song Yang, Silicon Valley and Wall Street have all been baptized by new concepts, and many of them look down on Marcus and their cash flow-based Old-school concept, because according to this concept, the Internet should never have appeared!
Not to mention that now is Song Yang's happiest time, and when he is making a fortune in Southeast Asia, it is a bit disappointing to mention this...

But Marcus still brought it up to Song Yang. He didn't want to watch helplessly that one day, American Telecom, Alcatel Mobile, ICQ, etc. under the North American Global Investment Foundation would suddenly look like Daewoo, Han Bao, and Jinro. Like a giant, it suddenly collapsed.

Originally, Marcus was just talking, and didn't expect Song Yang to listen, but to Marcus' surprise, after listening to his words, Song Yang seemed to agree very much.

Song Yang looked at Marcus. Marcus was mature and prudent. He might not be so popular with emerging technology companies such as Yahoo and AOL. I want to save some money for emergencies. Now is the best time for the Internet. People from all walks of life are rushing to send money, so there is no need to think about the lack of money.

"It is necessary to build a reserve fund. I asked PayPal to pay there and have already started to build a reserve fund!"

Hearing this, Marcus was obviously surprised. He didn't expect that Song Yang had already started doing it.

"Marcus, after you come back from vacation, establish a cash reserve department in the North American Global Investment Fund. All companies under the North American Investment Fund need to take out 5% of their profits every quarter and deposit them in the reserve fund department. In the future, this department will supply all departments under special circumstances for at least one year!" Song Yang said directly to Marcus.

After experiencing the dot-com bubble and the sub-prime mortgage crisis, Internet and technology companies have also started to have food in their hands and don’t panic. Needless to say, the old man always likes to save cash. His In the Berkshire account, there are tens of billions of dollars in cash all year round. In special times, there are even more than 500 billion dollars in cash.

Apple in later generations is also not to be outdone, with more than 1000 billion US dollars in its account, and Microsoft's small treasury is basically the same. Otherwise, how could it spend so much cash to buy Blizzard? Of course, the current Microsoft, after a few years, If he wanted to acquire Blizzard from Xuele Mountain, Song Yang would feel sorry for Bill Gates if Microsoft would not be able to empty out the cash flow.

Song Yang’s place here is definitely not comparable to the small coffers of the later generations that store hundreds of billions of dollars at every turn. However, the cash that can supply America Telecom, Alcatel mobile phones, ICQ, etc. for more than a year is still not enough. questionable.

Now Song Yang also needs to prepare for the Internet bubble in a year or two. At that time, the situation in Silicon Valley was not much different from that of Bangzi now. Those companies that were rushing to send money to Internet companies in the past drew their salaries one after another. It doesn't matter if you invest money, but you have to get back what you put in.

Borrowing an umbrella on a sunny day and closing an umbrella on a rainy day is the most common method on Wall Street. It is definitely not much better for Internet companies than for Internet companies. Maybe they will fish in troubled waters. What's the difference, as long as they can make money, they don't bother to care who dies!
Marcus took a deep look. He didn't know if Song Yang had heard some rumors, just like shorting Southeast Asia this time.

But even if Marcus thought that the Internet industry might face turmoil in the future, he would at most think that a few companies would be unlucky. He would never have thought that the entire Internet company in Silicon Valley would face extinction.

"I will set up a cash reserve department for the North American Global Investment Foundation as soon as possible!" Marcus got up and said.

Austin, the headquarters of Comerica Bank, early in the morning, Chris Jain came to the office of Kerimiya.

"Bruno Song has repaid the loan of 27 billion dollars?"

When he heard the news, Jain rushed over immediately, and the news had spread throughout the management of the Bank of Comerica.

27 billion U.S. dollars, even the principal with interest, all of which are not less than a penny. I don’t know how many years earlier than the agreed time. At this time, the North American Global Investment Foundation is not talking about investing in PA semiconductors. , develop new mobile phones, and lay new optical fibers.

I almost shouted out, showdown, I don't pretend anymore, this fucking money was used to cut leeks in Southeast Asia, and now it's over!

Glancing at Jain, Kerimiya laughed, "It seems that our old friend really made a lot of money in Southeast Asia!"

Jain was still in shock. Ken Griffin made the Brooklyn Herald report the news of Song Yang cutting leeks in Southeast Asia. It caused a lot of shock at the time, but Song Yang kept silent about it. In addition, the misfortune was diverted to the east, and the fire was set on Ken Griffin, so no one paid attention to Song Yang any more.

But now, Song Yang suddenly asked the North American Global Investment Foundation to repay all the debts of the Comerica Bank. Obviously, he has made a lot of money, so he just doesn't pretend.

"How much did he earn?"

Chris Jain couldn't help asking, and Kerimiya could hear the envy in Jain's eyes, shook his head and said, "I don't know, I'm afraid only the Federal Taxation Bureau and Bruno Song himself know about this matter." gone."

Chris Jain was silent for a while. Ever since he knew Song Yang, almost every once in a while, Song Yang's worth has skyrocketed. Back then, Song Yang came to him to beg Jain in order to build an American Telecom line. Help, now, Song Yang's PayPal has started to acquire banks!

"Jain, the Comerica Bank needs to cooperate with Bruno Song. Song's business may be more important in the future!"

Kerimiya, who was going to attend the board of directors and report to the director of the Comelica Bank, explained to him when he passed by Jain.

The recovery of 27 billion US dollars with interest is another contribution to Kerimiya's risk control department, which proves his vision and ability. One point, when there are enough points, he might be able to sit on the throne of the president of the Comerica Bank.

Before that, Karimiya needs Jain to maintain the relationship with Song Yang. Since cooperating with Song Yang, Karimiya has earned a lot of points.

Looking at the figure of Kerimiya, Chris Jain let out a sigh of relief. Kerimiya wanted to get enough points from Song Yang, so why not him, but compared to Kerimiya, Jia En's way out is more.

Jain felt that, based on his friendship and relationship with Song Yang, if he left Comelica Bank one day, he might be able to switch to PayPal, and then he would not be a vice president but a member of the board of directors?

As long as he is ashamed, Jia En feels that Song Yang can get these.

Now that Song Yang has PayPal Bank, the relationship with the Bank of Comelica is also a little bit subtle. It is not to say that they parted ways, but it is certainly impossible to hand over all the business related to Meidao to him like before. Come to the Bank of Comelica.

Jia En knew that with Song Yang's character, he would definitely not let the fat and water go to outsiders, and give the meat to PayPal Bank first. Why don't others say that his status in the Comerica Bank will be affected to some extent? .

When he walked out of Kerimiya's office, Jain suddenly had a weird and absurd idea. When this idea appeared, he was shocked, but it grew like a weed.

(End of this chapter)