My 1999
Chapter 926 Morgan Stanley and Goldman Sachs
However, some people can still be seen in the club.
Seeing the CEOs of Morgan Stanley and Goldman Sachs greeting him personally, everyone who saw it couldn't help but stop and take a look.
"That person is...Jin Caesar?"
A tall blond man said in surprise.
"Donald, you know him too?"
The blond man nodded matter-of-factly.
"We met at Hanhua's investment dinner. I am also a VIP customer of Hanhua, with an investment share of US$300 million in Pacific Fund."
The companion smiled.
He knew exactly how much his partner was worth.
It is simply impossible to come up with $300 million in cash flow.
Even if you can take it out, you can't invest it all in high-risk hedge funds.
But he didn't point it out either.
"Since you know each other, why not introduce him to me? I have been admiring Golden Caesar for a long time."
The blond man nodded without hesitation.
"Of course no problem."
"real?"
"Put it on me." The blond man patted his chest, his face full of affirmation.
"Donald, then I'll be waiting for your good news."
"OK."
"Then I'll leave first. If you have any news, please call me."
Watching his companion go away, Donald showed a trace of sadness on his face.
He was indeed a client of Hanhua and knew Xu Liang, but they were just acquaintances. He didn't even have the other party's phone number, let alone any friendship.
Subconsciously looking in the direction of the elevator.
"They should have gone to the fifth floor just now..."
The fifth floor of the Morgan Club is the most noble floor with the most luxurious furnishings and the best services in the entire club.
All the female waitresses were wearing clothes that were not revealing but could highlight their advantages.
Plump bust, slender waist, round hips, slender and plump thighs, gracefully curved feet, exquisite facial features, plus different skin colors and ethnicities.
There is always one that can satisfy you.
In addition to appearance and figure, the most important thing is temperament.
Beauty without temperament is just a beautiful shell, which has no temptation to the big guys.
In turn, it is the temptation.
And temperament needs to be filled with knowledge.
Knowledgeable and beautiful, there is no shortage of opportunities for advancement.
But they happened to come here.
Xu Liang couldn't help but think of a similar place in China - heaven and earth.
"Mr. Xu, in addition to their beautiful appearance and slim figure, each of these ladies is from the Ivy League. If you like, you can have in-depth communication." Paul Hughes smiled.
His words made the eyes of the ladies around him light up.
The look in Xu Liang's eyes was like a wolf seeing flesh.
Although young and rich diamond kings are not scarce in this place, they are definitely not many.
Once it is taken down, poverty can be completely eradicated.
Smiling and waving his hand, Xu Liang said: "Forget it, work is more important."
He has no interest in these women who have had many experiences with each other.
Hughes waved.
The girls walked out reluctantly.
The door closed and the room became quiet.
Hughes poured each of the three a drink.
He knows his position very well, and he is here to serve the three big guys.
"Xu, congratulations. Vivendi is a world-class telecommunications and media giant. If you win it, you will have another large company with assets of over 100 billion US dollars under your umbrella." James Gorman smiled.
"James, Vivendi belongs to Ms. Christina Yeri." Xu Liang emphasized.
"Ms. Yeri is a very outstanding and beautiful woman, but she would prefer everyone to call her 'Mrs. Xu'."
Xu Liang smiled, and the relationship between himself and Christina was not a secret at all in the eyes of the upper class.
"James, you asked me to meet you just to talk about this, right?"
"Of course not. In addition to expressing my congratulations to you in person, Morgan Stanley also hopes to cooperate with Red Rock Fund."
"cooperate?"
"Last time, Morgan Stanley and Hanhua had a very pleasant cooperation in the underwriting of Manchester United bonds. Therefore, this time we also hope to cooperate with Hongyan to underwrite 14 billion euros of Vivendi bonds."
Xu Liang had already anticipated Damo's purpose.
"us?"
Blankfein, who had never spoken, smiled and said: "The cooperation between Goldman Sachs and Mr. Xu was very pleasant in the past, not only the listing of Hongmeng's major subsidiaries, but also the acquisition of Vivendi Universal, Marvel and Monster Beverage. Goldman Sachs all worked for Xu. It has provided great help to the expansion of my husband's career.
This time we also hope that Goldman Sachs can join Morgan Stanley in underwriting the 14 billion euros of Vivendi bonds. "
The five major investment banks on Wall Street are also divided into different factions.
Before the 21st century, the largest of the Big Five was Merrill Lynch. It had a sales network covering almost every city in the United States. It ranked first among investment banks in terms of performance and influence.
Morgan Stanley and Goldman Sachs ranked second and third.
Lehman and Bear Stearns were further behind.
To counter Merrill Lynch, Morgan Stanley and Goldman Sachs formed a strategic alliance.
After entering the new century, with the continuous development of the Internet and computers, more and more bond retail sales have moved online.
Merrill Lynch's huge sales team spread across the United States gradually became a burden to the company because of its high salary expenditures, which took up too much of its income.
The second oldest, Morgan Stanley, relied on its continuous development of subprime debt and its active exploration of a large Eastern country to catch up and become the boss of the investment bank.
Merrill Lynch had to settle for second place.
Now, Goldman Sachs has also recovered from the heavy blow of the Nasdaq crisis and is developing faster and faster.
But the alliance between the two parties did not end with the decline of Merrill Lynch.
"Both Morgan Stanley and Goldman Sachs are very good investment banks, but in terms of bond sales, Merrill Lynch has more experience and the widest channels, and Hongyan is more inclined to cooperate with it.
Moreover, in the last cooperation on real estate subprime bonds, Morgan Stanley and Goldman Sachs took the benefits but did not fulfill their obligations, which makes it difficult for me to trust you again."
Last time, Hanhua cooperated with Morgan Stanley, Goldman Sachs and the Montes family to repackage low-rated subprime bonds into high-rated bonds and earn huge profits.
In order to join this feast, Goldman Sachs and Morgan Stanley agreed to help him acquire Unocal.
But now, although the acquisition of Unocal has not been settled, Hongyan has obviously been marginalized.
Chevron and Huahai Oil are the protagonists.
"Dear Xu, our help is very important for the acquisition of Unocal, but Hongyan is more important. Your investment is not as good as Chevron and Huahai Oil, and we can't do anything about it.
Unocal's shareholders and management cannot sell assets at a low price." James Gorman explained.
"James, do you know why I gave up in the end?
Because those damn congressmen were against it, and the whole United States was against my acquisition of Unocal. I didn't see you playing any role in this." Xu Liang said coldly.
"Xu, I assure you that if there was no help from Morgan Stanley at that time, you would have received more opposition." James Gorman said.
"Maybe. But you have no evidence to prove your words."
Xu Liang said after waving his hand.
"Mr. Xu, what conditions can Merrill Lynch provide for you?" Blankfein suddenly said.
Glancing at him, Xu Lang didn't know much about Blankfein.
But within Goldman Sachs, many people called him "Silent Lloyd".
It doesn't mean that he is not good at socializing, but that although he doesn't talk much, he can always accurately grasp the key points.
"Merrill Lynch's conditions are very simple. Help me get a 3A bond rating, and only charge a 0.2% handling fee."
The two looked at each other, and Lloyd shook his head.
He didn't believe that Merrill Lynch would give such a low quote. It was more likely that Xu Liang was using Merrill Lynch to lower the price.
"We can also help you get a 3A bond rating, but a 0.2% handling fee is too low."
"How much do you want?"
"At least 1.5%." Lloyd said directly.
"Absolutely impossible."
"Xu, let's give each other a sincere quote, which will benefit everyone." James said.
Xu Liang glanced at him, "Based on our past pleasant cooperation, I can take another step back.
0.3%, this is my bottom line."
Lloyd's face trembled.
You've taken a lot back.
James said helplessly: "Xu, you are too little sincere."
Xu Liang smiled and said: "James, the benefits you promised me in the last debt transaction were not fulfilled. Now you should show more sincerity.
And I have already taken a step back."
"Xu, based on our past pleasant cooperation, we can accept a 1% handling fee. This is definitely our bottom line. If you refuse, then we can only regretfully miss this cooperation."
Xu Liang shrugged, "I'm sorry, James. Your sincerity can't satisfy me. As you said, let's cooperate next time."
The two of them threatened each other, but no one moved.
They are all businessmen, and it is basic to guard against harsh words.
The competition is about who breaks the defense first.
Obviously, everyone is thick-skinned.
Without any explanation, Lloyd broke his promise and maintained the negotiations.
"Xu, I don't know if you need more funds. If so, we can provide you with a low-interest mortgage loan."
"Low interest? How low?" Xu Liang said with interest.
"7.5%."
"No, it's too high." Xu Liang shook his head and refused.
Lloyd's eyes flashed with a haze.
This Chinese bastard is too greedy.
"How much can you accept?"
"I remember the latest federal funds rate is 3.4, then 3.5." Xu Liang smiled.
As soon as this was said, Hughes next to him couldn't help grinning.
Too TM greedy.
Which financial institution is willing to work with an interest rate of 10 basis points?
The money earned is not enough to cover the cost.
"Haha, don't be angry, it's just a joke. But I'm curious, how much money can you lend me?"
Lloyd said: "How much does Mr. Xu want?"
Xu Liang's thoughts turned rapidly in his mind, looking at the expressions of the two.
"20 billion US dollars."
Lloyd's face changed slightly, but he nodded quickly.
"Okay, but Mr. Xu has to provide enough collateral."
"The equity of Sina and Netcom can be mortgaged." Xu Liang said.
"Not enough. Add to that the shares of Master Kong."
Xu Liang narrowed his eyes, stared at the two people in front of him, and smiled after a moment.
"The interest rate is too high, I can't accept it."
"6.4%, commercial loan, this interest rate is already very low." Lloyd said.
"No, now you are the one who took the initiative to ask me for a loan, so 6.4% is still too high, reduce it by another 200 basis points."
"Mr. Xu, greed is a good thing. It can stimulate people's enterprising spirit and make their career and life successful. But excessive greed is a bad thing. It will blind conscience and reason and lead people to failure." Lloyd said calmly.
"So?" Xu Liang smiled.
"So, we can accept another 50 basis points reduction. This is the limit."
The two looked at each other, and there seemed to be a flash of swords in their eyes, and they refused to give in to each other.
James Gorman smiled and did not express anything.
Paul Hughes was secretly shocked.
As a top boss on Wall Street, Lloyd Blankfein's influence is world-class.
He can not lose in momentum, and even slightly surpass it.
The strength shown by Jin Caesar is worthy of his status as a world-class business leader.
"Xu, the interest rate of 5.9% is already very low, but considering our past friendship, I can make the decision to reduce it by another 10 basis points."
James Gorman took the initiative to speak and interrupted the stalemate between the two.
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