They are all reborn, and the grandson is still a spare tire
Chapter 1034: Victory Beyond
About fifteen minutes later, Richard finished the call and walked out of the lounge.
When he returned to the conference room, he found that compared with the tense situation just now, the atmosphere in the conference room had become much better.
The negotiating parties were talking and laughing, and the scene was quite harmonious.
Richard was stunned for a moment, but he didn't bother to ask the reason for this change. Instead, he quickly walked to his seat.
Then, he looked at Yao Yuan opposite him and said:
"Mr. Yao Yuan, I have informed the chairman of the board of directors of Lehman Brothers Bank of the transaction conditions and other requirements you just proposed."
"After some thought, Peter said that he could consider doing business with Jiuye Investment, but this matter needs to be discussed within the board of directors."
“This series of transactions can only be completed if it is discussed and approved by the board of directors.”
"If the board of directors discusses and decides to start a transaction with you, I will bring a team to Hong Kong Island again to discuss the details of the transaction with you, such as price and time, etc."
"I will lead a group to Hong Kong Island again, maybe in late June or early July, it won't be too long..."
Having said that, he turned around and looked at Paulson and Geithner who were sitting in the middle.
But what surprised him was that the two captains and deputy captains did not show any displeasure and were discussing something in low voices.
In a moment, Richard had finished his speech.
Then, Yao Yuan smiled and said:
"As I expected, this is surprising news and the most favorable decision for your Lehman Brothers Bank."
"I have always had great respect for the Lehman family and the Rothschild family and I believe in their business acumen. Sure enough!"
"Your company's board of directors can certainly discuss and decide whether to trade with us, but I believe the result should be the same as I expected."
"I hope you can make a decision as soon as possible and send a delegation to Hong Kong to discuss the details of the transaction with us and sign the relevant agreements. Time waits for no one."
"Before you lead a delegation to Hong Kong Island for negotiations again, I hope you can deal with the US Treasury Department, the SEC and other relevant agencies and obtain relevant permits!"
"One more thing, this document records most of the high-quality assets we want to acquire from Lehman Brothers Bank. You can take a look at it."
"I would like to remind you that if these high-quality assets are sold or transferred to other institutions at that time, I will veto this transaction!"
Before she finished speaking, Li Shan stood up and handed the prepared documents to Richard.
Richard took the document and immediately opened it to look at it.
In a moment, his face was full of bitterness.
Listed in this document are all high-quality assets currently held by Lehman Brothers Bank, which are almost all of Lehman Brothers Bank’s trump cards!
They don't have a single junk bond, the most they have.
If all these high-quality assets were sold, Lehman Brothers would have no choice but to file for bankruptcy protection.
Richard quickly flipped through the document and said with a wry smile:
"Your investigation work is excellent, Mr. Yao Yuan. You have obtained almost all of Lehman Brothers' cards. I admire you!"
"But it doesn't include our largest asset holding, which is subprime mortgage bonds worth hundreds of billions of dollars."
"I wonder if you are interested in purchasing this part of the assets? We can sell it at a 40% discount, and you may make a lot of money..."
Before he could finish, Yao Yuan took the initiative to interrupt his wishful thinking.
"Buy subprime mortgage bonds? Forget it. You and I both know that they are just a bunch of garbage. No one wants them even if they are given away for free!"
"We at Jiuye Investment naturally don't want these garbage, so you better find another way to deal with them!"
After he said this, Richard suddenly froze in place, his face turning pale and blue, looking quite embarrassed!
Looking at Paulson and Geithner, their faces also looked quite grim.
At this moment, Yao Yuan changed the subject.
"Gentlemen, now that we have determined the general framework of the negotiations, let's move on to the next step and discuss the details."
“I hope we can reach some cooperation agreements and achieve results that satisfy both parties.”
Following his words, Vice President Wang and Paulson nodded.
Next, other members of the two delegations came on stage and began to negotiate on the details, going back and forth!
Yao Yuan, however, was left with nothing to do and was only responsible for on-site guidance.
In the blink of an eye, it was already twelve o'clock at noon.
As it was lunch time, the negotiations were suspended and scheduled to resume at 3 pm.
As soon as the meeting ended, Vice President Wang called Yao Yuan away, saying that he had something to discuss with him.
Watching him leave, Paulson bit his back teeth and whispered:
"This little bastard is much more powerful than we thought. When I think about how we will have to deal with this little bastard and fight him for many years to come, it gives me a headache!"
"Besides, he is so young and has unlimited room for growth. We must think of an effective way to curb his growth after the financial crisis."
Geithner nodded in agreement and whispered:
"That's right. The pace of today's negotiations is completely under the control of this little bastard."
"Even those of us who have lived for decades and worked in the financial market for half our lives are being led by this little bastard. It's terrible!"
"I heard that this kid is about to graduate from college. Why don't we take the initiative this afternoon to recommend this little bastard to study abroad at Harvard Business School or Wharton School of Business."
"It would be great if he could study abroad at Harvard Business School. We would have plenty of opportunities during his study abroad. We could even help him change his nationality!"
Hearing this, Paulson's eyes suddenly lit up.
Soon, more than twenty minutes had passed.
Yao Yuan, who had just left the HKMA building, came to a conference room of the SAR government with Vice President Wang!
In the conference room, the fellow leader and Secretary Qiu were waiting for them.
After meeting and greeting each other, Yao Yuan immediately began to report on the progress of the negotiations in the morning.
At the same time, he also brought the video recording of the negotiations in the morning and gave an explanation based on the video recording.
Following his explanation, the fellow leader and Secretary Qiu quickly grasped the relevant situation.
They all praised Yao Yuan's performance in the morning negotiations!
Not only them, this video recording was transmitted to the capital at the first time and also won a lot of praise!
After more than half an hour, Yao Yuan's report was almost finished.
At this moment, he suddenly changed the subject and said decisively:
"I'm sure that once we complete all our transactions with Lehman Brothers, Lehman Brothers will file for bankruptcy protection!"
"With the collapse of Lehman Brothers Bank, the global financial crisis will break out and then sweep the whole world!"
"In addition to Lehman Brothers, Merrill Lynch will also face bankruptcy or acquisition, and the timeline should be similar."
"In terms of time, it will only take two months at most. We must speed up our preparations to deal with this global financial crisis!"
Although they knew the financial crisis would come, the three leaders were still deeply moved and shocked when they heard that there were less than two months left!
They looked at each other and exchanged glances.
The fellow leader thought for a moment, then said in a deep voice:
"You are right, Xiaoyao. Since the financial crisis is inevitable, we must prepare as soon as possible."
"But the Beijing Olympics is about to start. This is one of the most important things for our country right now, and we can't make any mistakes!"
"Do you think there is any way to delay the outbreak of the financial crisis? Just don't let it affect the opening ceremony of the Olympics. It would be best to delay it until after August 15th."
Hearing this request, Yao Yuan couldn't help but remain silent.
After thinking for a moment, he nodded and said:
"This is a very difficult thing to do, but it should be possible. We can extend the transaction time with Lehman Brothers Bank and place the last transaction around August 10th."
"Based on the consistent style of the Lehman family and the Rothschild family, they would not allow Lehman Brothers to file for bankruptcy protection without selling all their high-quality assets!"
"After completing the last transaction, we still need to go through the equity change procedures and register with the SEC committee. This will take about a week. Lehman Brothers will cooperate with us."
"After completing these procedures, Lehman Brothers will file for bankruptcy protection. Merrill Lynch's situation is slightly better and it should be acquired by a financial institution..."
Hearing this, the three leaders all chuckled.
"Okay, kid, you really have the ability to plan and win from afar, very good!"
"Hahaha, isn't it? This is the first time I've heard of one person being able to decide when a global financial crisis will break out!"
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