They are all reborn, and the grandson is still a spare tire
Chapter 1073 Extreme Bargaining
Richard and Joseph went to the lounge to discuss, and the negotiations were suspended before they even started.
Everyone from Jiuye Investment and the state-owned capital team stayed in the conference room. They were all relaxed, talking and laughing.
In the lounge, the faces of several foreigners were quite ugly.
"This little bastard is too difficult to deal with. It seems that we have to change our plan, otherwise this important deal will fall through."
"It is a foregone conclusion that Lehman Brothers will file for bankruptcy protection. Before that, we must strive to get the most benefits and not lose everything."
Kevin, who represented the Lehman family, said in a cold voice.
After the words fell, Joseph nodded in agreement.
"Indeed, this is a heavyweight deal worth hundreds of billions of dollars. We must make it happen. We can't make this trip in vain."
"If we miss this opportunity, it will be difficult for us to find another buyer, and we will have no choice but to watch Lehman Brothers go bankrupt and gain nothing."
There were only five people participating in this impromptu discussion.
They are Kevin and Joseph, as well as Paulson's chief assistant and vice president of the SEC committee, plus Richard.
The five of them are the core of the US delegation. Except for Richard, there is a huge monster behind each of them.
After hearing Kevin and Joseph's discussion, Paulson's assistant and the vice president of the SEC committee looked at each other and nodded in agreement.
They all had the same opinion that they must find a way to facilitate this series of major deals, even if it meant making some concessions!
In this way, by selling off the remaining high-quality assets of Lehman Brothers Bank, hundreds of billions of dollars can be sold.
As the core American operators of this transaction, they can all make a fortune.
If this heavyweight deal fell through, all that could be done was to watch Lehman Brothers slide into the abyss step by step and go bankrupt.
In that case, the remaining high-quality assets of Lehman Brothers Bank can only be sold on the market according to normal procedures.
Once people discovered that Lehman Brothers was selling off its assets in large quantities, it would collapse instantly!
When countless investors of Lehman Brothers Bank received the news, they would surely rush in like a tide, either to withdraw their investments or to redeem their shares.
The income from selling high-quality assets at low prices can only be used to return to investors. This is a process of boiling a frog in warm water.
After being exposed, it was like diving off a cliff, and it was all over with a splash, and no one could react!
By using this method to dispose of the remaining high-quality assets, the Lehman family and the Rothschild family would not get much money at all.
Such a result is absolutely unacceptable to them.
In order to maximize their interests, the only way was to sell off the remaining high-quality assets of Lehman Brothers Bank in a package, and the transaction had to be done in secret.
In today's international financial market, the only financial institution capable of taking over hundreds of billions of dollars of high-quality assets is Jiuye Investment Group, and there is no other choice.
Another point is that time does not allow Lehman Brothers to continue delaying.
Joseph and the others all understood that they only had one or two months left, and time was running out!
While Joseph and the others were discussing, Richard, who was also present at the scene, was glamorously ignored!
After the other four reached a consensus, Joseph turned to look at Richard.
"Richard, we decided to accept the conditions proposed by that little bastard Yao Yuan, just to facilitate this heavyweight deal."
"We discussed before that Yao Yuan and Jiuye Investment would help you share the responsibility for the bankruptcy of Lehman Brothers Bank and help you share the tidal wave of attacks. Obviously, this tactic is not going to work."
"The current situation is that the responsibility for the collapse and bankruptcy of Lehman Brothers Bank can only be borne by you and the senior management of the group. This is the result of your poor management, and the responsibility naturally lies with you."
"Over the past five or six years, you have been one of the highest-paid executives of financial institutions on Wall Street, earning nearly $200 million a year. Under the current circumstances, it is time for you to step up and take responsibility."
"Just like what that little bastard Yao Yuan said, once Lehman Brothers goes bankrupt, you will face tremendous pressure from all sides, including questioning and testimony requests from congressmen, but we will support you."
As soon as he said this, Kevin next to him immediately nodded and agreed:
"That's right, Richard, we will firmly support you, protect your safety and interests, and give you generous rewards."
"When this financial crisis is over, we will set up another large financial institution and make a comeback. Then you can come back and become the CEO of this financial institution."
Richard was stunned for a moment, then nodded bitterly.
"Okay, Kevin, Joseph, since you have made the decision, I accept the result..."
As he said this, he was so angry that his teeth were almost broken, but he didn't dare to show any real emotion.
He knew that the time had come to kill the donkey, and he was the donkey that was about to be killed!
Richard's only hope now is that he can survive after the bankruptcy of Lehman Brothers.
Instead of being used as a scapegoat and being killed!
As for other things, he didn't dare to hope for them at all!
As we were talking, about ten minutes had passed.
The door of the lounge opened and Joseph and his group returned to the conference room.
After returning to his seat, Richard immediately got down to business.
"Mr. Yao Yuan, after some discussion, we have decided to accept the conditions you just proposed to facilitate the transaction between us."
"Your conditions can be written into the transaction contract. After all transactions are completed, both parties can make the relevant contents public."
"If we go to Capitol Hill to be questioned and testify, or are asked similar questions by the news media, we will publicly clarify that the bankruptcy of Lehman Brothers has nothing to do with you."
"After we reach a relevant transaction agreement, the U.S. Treasury Department and the SEC will endorse it, confirm the legality of the transaction, and sign the relevant agreement with you..."
As he spoke, Richard was about to cry.
But he still tried to keep a smile on his face, but his voice kept trembling slightly.
Yao Yuan, who was sitting opposite, was already beaming with joy.
But he was too embarrassed to laugh out loud, for fear of irritating the foreigners opposite him.
After Richard finished his introduction, Yao Yuan immediately stood up, smiled and said loudly:
"Gentlemen, this is exactly the result I was looking forward to. It is a win-win result for both of us."
"In this way, the biggest obstacle no longer exists. Next, we can discuss the details of the transaction."
"I believe we can reach a consensus and reach a transaction agreement that satisfies both parties. We will have a pleasant cooperation."
As he said this, he stretched out his right hand.
Richard then stood up and shook his hand.
"It's a pleasure to work with you, Mr. Yao Yuan. You are such a shrewd and tough opponent. I admire you!"
Yao Yuan smiled softly and said politely.
"Thank you for the compliment. Let's talk business!"
Then he and Richard returned to their seats.
Negotiations began immediately.
The subsequent negotiations were chaired by Zhou Chaoyang and Richard.
Other members of the two sides' negotiation teams bargained over every asset, haggling over every penny.
Yao Yuan, Director Li, as well as Joseph and Kevin on the opposite side, all became idle.
They just sit on site and grasp the general direction, and do not participate in the transaction negotiations of specific assets.
However, when Richard took out their list of high-quality asset transactions and quotations, Yao Yuan frowned.
He took the list of assets, looked at the contents, and then spoke up to interrupt the negotiation that had just begun.
Then, he casually took out a list of assets, shook his head slightly and said:
"Gentlemen, these so-called high-quality assets you have brought out seem to have some differences from our definition of high-quality assets."
"For example, the stocks of some well-known financial institutions are definitely not considered high-quality assets in the current financial market environment."
"Except for financial institutions in China, we will not acquire any equity in financial institutions in other countries and regions."
"In addition, there are stocks of some real estate companies. We will not acquire the equity of any foreign real estate company."
"In my opinion, it is better to negotiate according to the list of assets we provide. After all, we are the acquirer and we know what we want."
Richard and Joseph looked at each other quickly, both of them were helpless and felt their teeth itching.
In front of this shrewd little bastard, no matter how covert the tricks are, they will be exposed and will be seen through by this little bastard at a glance!
Thinking of this, Richard was ready to speak up and fight for it.
But Yao Yuan did not give him a chance to explain and quickly changed the subject.
“Also, the quotes for these so-called high-quality assets are different from the quote principles I set at the beginning, and are obviously much higher.”
"When we first negotiated in early June, I made it very clear that the market price of these shares and bonds would be used as the benchmark, and the transaction would be conducted at a 50% to 65% discount. This is a floating price and is not fixed."
"You gave a fixed price, which is obviously wrong. Moreover, the price you set for all high-quality assets is 65% off the market price at the end of June, which is too high."
"According to my pricing principles, the equity price of high-tech listed companies is 50% of the market price at the time of transaction, because these companies often suffer the biggest declines during financial crises, have the highest probability of bankruptcy, and are extremely risky."
"The price quoted for the equity of listed companies in the mineral resources sector is 60% off the market price at the time of transaction. Only the equity of a very small number of listed companies with particularly stable performance can achieve a 65% discount, such as Coca-Cola."
"Here, I will take Apple as an example to explain the situation. In the past June, Apple's stock price fell by 11.3% and is still falling. There is no sign of stopping the decline and stabilizing."
"According to my analysis, after the financial crisis, Apple's stock price will continue to plummet, at least 50%, from the current $160 to around $80, or even lower."
"Considering that we cannot sell the shares we acquired from you within six months, plus the financial expenses and time costs, we simply cannot accept your 35% discount. We can only offer 50% off!"
Hearing this, Richard and Joseph felt their eyelids twitching and their hearts throbbing.
The situation was not much better for the rest of the Lehman Brothers delegation.
Looking at Yao Yuan who was talking so eloquently, they were filled with hatred and felt fear from the bottom of their hearts.
On the other hand, the situation is completely the opposite for Jiuye Investment Group and the state-owned assets team.
Everyone was looking at Yao Yuan, who was eloquent and whose words were as sharp as knives, and everyone was full of admiration for him.
During the busy period, it was already around eight o'clock in the evening.
After having dinner with Director Li and others and discussing tomorrow's negotiation strategy for a while, Yao Yuan took Jiang Meihui back to the hillside.
When they opened the door and walked into the villa, they were stunned by the scene before them.
The living room was unusually lively, with eight or nine women watching TV, chattering and laughing.
As the saying goes, three women equal 500 ducks.
There were eight or nine women in the living room, and it was as lively as if there were thousands of ducks everywhere.
These women are Zeng Li, Yuan Quan and three other pregnant women, their mothers, the mother and daughter of Sister Shenxian, and Xiao Ran.
At this time, the TV was broadcasting news about Yao Yuan leading the executives of Jiuye Investment Group to negotiate with Lehman Brothers Bank.
However, the attention of all the women in the living room was not on the TV screen.
Zeng Li and several other young beauties were sitting together, laughing and playing.
Four mothers were sitting not far away, chatting animatedly.
To be more precise, the mothers of Zeng Li and the other three surrounded Li Xiaoli and kept asking her questions.
From time to time, they would reach out and touch Li Xiaoli's white skin, their eyes full of envy and expectation.
Seeing this situation in the living room, Yao Yuan and Jiang Meihui were stunned and didn't know what was going on.
At this moment, the group of women in the living room also discovered them.
Immediately afterwards, Zeng Li and Sister Fairy stood up from the sofa and walked quickly towards the hallway.
Yao Yuan and Jiang Meihui woke up in an instant, changed into slippers, and walked towards the living room together.
I had just taken two steps when Zeng Li and the Fairy Sister came closer.
"Honey, you're back. The news about your negotiations with the US is being broadcast on TV. Are the negotiations over?"
Zeng Li said with a smile and took Yao Yuan's briefcase.
Since there were several mothers present today, the Fairy Sister did not jump into Yao Yuan's arms as usual, but just greeted him with a sweet smile.
Yao Yuan smiled softly and then said:
"The negotiations between our group and state-owned financial institutions and the US involve many transactions and are expected to take two more days. They won't end so quickly."
"Let's not talk about the negotiations with the US. Let's talk about what happened in the living room. What's going on? Why are all three mothers-in-law here?"
When she heard him ask this, Zeng Li burst into giggles.
"It's all because of our magical prescription. My mom and her friends all responded very well after taking the first dose of medicine last night."
"They were all very excited to know that this magical recipe could prolong life, slow down aging, nourish the human body, and make women healthier and more beautiful."
"Considering that the three of us are pregnant, they were afraid that we would have morning sickness when decocting the medicine, so they planned to come and decoct the medicine themselves to avoid any accidents."
"When they came here and saw Mama Sissi, who looked several years younger and radiant, they went crazy, and that's what you see now."
Following her explanation, Yao Yuan finally understood.
As they were talking, they had already walked into the living room.
Seeing Yao Yuan coming, the three non-staff mothers-in-law immediately surrounded him, so enthusiastic!
"You are such a good boy, Yao Yuan, this prescription is amazing, thank you for the Chinese medicine you prescribed for us"
"Well done, Yao Yuan, you are such a thoughtful kid. Quan Quan's father and I want to thank you."
"Tell Auntie, after we finish the first course of Chinese medicine, can we also have such obvious effects like Sissi's mother?"
Looking at the three chattering and excited mothers-in-law, Yao Yuan couldn't help feeling a headache.
For the first time, he felt that his good luck in love affairs might not always be a good thing!
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