nashuaworldcup Chapter 378: Dig a hole and bury the entire Wall Street
Chapter 378: Dig a hole and bury the entire Wall Street
In January 2003, Wang Real Estate Meiliguo Company officially changed its name to Huanyu Real Estate.
This change did not cause any ripples among the people. The belated home buyers even thought that the word "circling the universe" was more noble than Wang's.
Politicians in various states also feel that Huanyu Real Estate can avoid some national sentiments, and feel that the Wangs and his sons are deliberately diluting people's memories and eliminating elements of the Dragon Kingdom.
This is a positive move to integrate our beautiful country.
In a few years, people will forget that the founder of this big real estate company is from Longguo.
The most important thing is that after changing the name, it is often to prepare for listing.
This can't help but arouse the imagination of many people, and ask whether Huanyu Real Estate needs financing. They can generously donate to help share some of the pressure.
Wang Zhengyi did not expect that a company that owed hundreds of billions of dollars would have people rushing to buy shares, so he immediately called Wang Lei and Wang Zhixin to a meeting to discuss the matter.
Wang Lei smiled and said:
"These people probably saw that our goal was to go public, so they wanted to take a share of the pie."
The capital of the beautiful country also likes to work together to achieve the goal of sharing risks.
"Zhixin, tell Ah Lei what major groups are interested in Huanyu."
“The first to bear the brunt are the major investment banks on Wall Street:
Lehman Brothers, Merrill Lynch, Bear Stearns, Goldman Sachs, Morgan Stanley…”
Wang Zhengyi said with a surprised look:
“Everyone with a high profile on Wall Street is here, why is there no Cayman Capital?”
Wang Zhixin, who has done his homework, analyzed:
"Cayman Capital is not very keen on the real estate industry. They are keen on bargain-hunting technology and Internet stocks. Recently, they have once again made high-profile bids for Microsoft and Amazon."
After hearing this, Wang Zhengyi said with regret:
"It's a pity that we can't catch all the big investment banks on Wall Street, and there is still one fish that slipped through the net."
Wang Lei raised his eyebrows. Lao Wang was not an ordinary person, and he even opened up the idea of Man Capital.
However, both inside and outside the words expressed the intention to uproot the major Wall Street investment banks.
"Dad, what do you mean?"
"My idea is to pull down all these big investment banks. If there is a thunderstorm in Huanyu, they will all be implicated."
After hearing this, Wang Lei felt that Lao Wang's idea was feasible.
After the subprime mortgage crisis broke out, Lehman and Bear Stearns, the fourth largest investment bank, went bankrupt one after another.
Seeing that something was wrong, Merrill Lynch, the third largest investment bank, sold itself to Bank of America at a low price. Goldman Sachs and Morgan Stanley transformed into commercial banks, absorbing deposits and receiving relief funds from the Federal Reserve.
If they fall into the Wang family's trap at this time, it is estimated that after the Huanyu thunderstorm, the five major investment banks will be wiped out. If the Federal Reserve wants to save them, it will have to pay a huge price.
"Why don't we simply sell our shares to them and don't engage in any financing? Anyway, if we don't have enough money, we can borrow it from the bank and we can just cash out."
Listening to the two elders discussing how to put the five major investment banks to death, Wang Zhixin had an untrue illusion.
He didn't expect that the ambition of the old man and his uncle would be so great. They actually wanted to use Huanyu's thunderstorm to detonate the real estate bubble in the beautiful country!
He was a bit unable to intervene in the discussion between the two, and could only watch the two foxes, one big and one small, discussing how to suck the blood of the five major investment banks.
"Okay, Zhixin, go tell the five major investment banks that we want to sell some shares of Huanyu and let them prepare fresh banknotes. Our Wang family does not accept financing and share exchange proposals."
Wang Zhixin nodded. Contacting the five major investment banks was also an opportunity for experience and he could learn a lot.
One day later, the five major Wall Street investment banks received replies from the Wang family.
Fuld, the head of Lehman Brothers, happily swung the golf club and knocked the golf ball away.
"It's very good. Becoming Universal Real Estate will greatly stimulate our stock price. I believe shareholders will also be very supportive of this acquisition."
Naturally, shareholders will not have any objections. Fuld is a very good CEO, a Mr. Wall Street described by Barron's, and has always been supportive of his acquisitions.
Fuld was a pilot before becoming a professional manager, and the most important thing in his heart is the spirit of adventure.
Unlike the professional managers cited previously, Fuld is better at using leveraged investments.
Lehman, which he helmed, is synonymous with Wall Street's highly leveraged financial institutions.
So Fuld told his management team:
“Use all the leverage you can, and we must become the party with the largest shareholding among the five major investment banks this time.
He had a clear understanding that Lehman Brothers could become the biggest winner in this acquisition only if it stood out from the five major investment banks.
When I think of the news on Wall Street, it will be said that Lehman Brothers Fuld led the acquisition of Universal Real Estate, and he seems a bit light-headed.
Bear Stearns, the fifth largest investment bank, is also eager to try. They also believe that the acquisition of Huanyu Real Estate will bring Bear Stearns' assets under management to a higher level.
In the eyes of Wall Street, Huanyu Real Estate, which is planning to go public, is an attractive piece of fat with honey on it, and everyone wants to take a big bite of it.
To their deep surprise, the person who greeted them was not Wang Zhengyi, the head of the Wang Group, nor Wang Lei, the head of the Bailong Consortium, but a vice president who had just taken office not long ago.
But after learning that the other party was Wang Zhengyi's eldest grandson, it suddenly dawned on her.
Unlike Meiliguo Capital Company, the people of Longguo like to pass on this routine from generation to generation, and their attitude suddenly changed, and they started to praise Wang Zhixin.
What is it about being young and promising? It's better to be young than old. Wang Zhixin was eye-opening. He didn't expect these Wall Street elites to be so good at flattering.
With this discovery, his tense nerves suddenly relaxed a lot.
"My uncle is right. These people are just paper tigers. I just treat them as slaves."
When he thought that these people were slaves raised by a big family, he suddenly became extremely forceful in the negotiation.
Coupled with the radical Fuld, the other four major investment banks appeared very passive in the negotiations.
When Wang Zhixin heard Fuld's quotation of 20 billion US dollars for 2000% of the shares, he was completely stunned. This guy is so fierce. The investment bank of Beautiful Country is indeed very rich.
This offer also brings the valuation of Huanyu Real Estate to the US$1 trillion mark.
The other four major investment banks were also dumbfounded.
Is this guy crazy? Although Huanyu is the company with the most land reserves in the beautiful state, it shouldn't pay such a high premium.
Most of them gave a valuation of around 8000 billion to try to get the 20% shares sold by Wang Real Estate.
"Everyone, if there is no investor with a higher offer, our negotiations will end here!"