Chapter 594 (2/2)
Today's Goldman Sachs, however, is not comparable to Lee's holdings in terms of magnitude.
Li Zitao privately bought directors at a high price, and after taking control of the company, he decisively overcame difficulties at the shareholders' meeting without leaving any leeway.
The elite on Wall Street have already seen the means to drive all shareholders out of the market and take full control of the bank.
If he had treated Goldman Sachs in the same way, Weinberg didn't know whether he could stand it or not. Now what he wanted to do most was to know who had met Li Zitao.
……
The next day, Ritz Hotel, New York.
At 2:00 p.m., Li Zitao appeared in the hotel on time and met Weinberg in the garden restaurant on the top floor.
”Weinberg, the professionalism of Goldman Sachs is admirable. Congratulations on your acquisition of the right to issue bonds in Los Angeles.” After the two sides took their seats, Li said sincerely.
”Thank you.” Weinberg chuckled calmly and said politely: ”the Chinese humility always makes people happy. The achievements of Goldman Sachs are very small in front of Wells Fargo and trust bank.”
Not to mention the bond issuance of the two giants, Mobil and Chrysler, the earnings of many companies invested by Wells Fargo alone are eye-catching.
Angel investment, a very interesting name, focuses on supporting high-quality small enterprises. After the acquisition of medium and large enterprises, it quickly cashes out.
Take one of their most successful deals recently, a small R & D organization has made progress in steel smelting, gaining the attention of ad-b and American steel.The two companies competed with each other, and ad-b successfully acquired each other with $8.6 million, and Fuguo realized $3.44 million in cash.
In the past 40 months, the cost of the company's investment in R & D was only $8 million.
98 days, 43 times of profits, how many people envy are going crazy.
”Angel investment is what Lawrence is doing. That's what he calls a dream.” Lawrence was very happy to hear that.
Finally, he became the angel investor he wanted to be, which is why Li Zitao became more and more busy and didn't even have time to go to school.
”Dreams generate motivation, and motivation leads to success.” Weinberg fed him a bowl of chicken soup. It was delicious.
”Let's talk about the purpose of my coming today.” Li Zitao moved his body and sat at the table. Under Weinberg's nervous look, he said, ”it is said that Goldman Sachs has Osaka and Jr bonds in hand. I want to buy them all and make an offer.”
Clunk!
Weinberg's heart jumped, a little confused what he wanted to do, Osaka City bonds and Jr (National Railway of Japan) bonds, what is the use of these?
To tell you the truth, Goldman Sachs really wants to trade these two kinds of bonds. Jr's business situation has been very bad, and the debt ratio has reached 79.6%.
The state's wanton subsidies and the number of domestic population make the railway operation show a continuous loss state.
Osaka is developing very well, but the state and local government subsidies for heavy industry are simply insane.
Their governments seem to be totally indifferent to the economy, and a large number of subsidies enable industrial development to enter modernization rapidly, and catch up with European and American countries at a multiple speed.
Today's Japan has shown an attitude of ”preparing for war”, and its goal is self-evident.
At present, the companies holding Japanese debt are very clear that there are only two possibilities in the future: Japan's strong rise in the war and become a big power in East Asia or even a superpower.
The bonds in their hands will immediately become gold mountain, but if the result is the opposite, then these bonds are a pile of garbage, which is too harsh to wipe.
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