Chapter 305

"Zheng, did you really speculate in stocks? I remember they said you were a millionaire and made hundreds of thousands of dollars when you came to America -- "

When manionton shouted with little stars on her face, Zheng Jianguo had to smile at the adoring sister.

However, Zheng Jianguo's attention is still focused on the TV. To be exact, it is what the TV host is saying loudly: "just so, in addition to major banks and exchanges, there are only overseas investors represented by overseas oil kings who can absorb the shares of two oil companies on such a scale.

Only since the outbreak of the harant family's speculation in silver at the beginning of the year, the major trading commissions have been very strict with overseas investors -- "

"Well, it seems that there is really no leveraged buyout case?"

A strange idea suddenly flashed through his mind. Zheng Jianguo fell into a dull state when he looked at the host on TV.

Zheng Jianguo certainly didn't know that before he did this, that is, in the 10 years of the 1970s, the word leveraged buyout was not well known to the public. The main reason was that there were not many people and institutions willing to borrow money: "what if you lose?"

Leveraged buyout is a formal saying. The commonly known financing M & A and debt operation M & A are more vivid and more understandable. It means that companies or individuals use the assets of the acquisition target as debt collateral to achieve the strategy of acquiring the target company.

To put it more vividly, Zheng Jianguo, who is short of $2.4 billion to buy 10% of the shares of the two oil companies, can mortgage the purchased shares to the bank when he has only $1 billion. After lending $700 million, he can mortgage the purchased shares to the bank at the market value - after so many rounds of operation, he has completed the purpose of borrowing money to receive shares.

However, the reality is that it's easy to say that this transaction has earned money, but considering that you have borrowed money to buy the company's shares, what should you do if the company's shares you bought have not appreciated and the borrowed money can't be repaid?

Therefore, the premise of doing so is that the shares of the two oil companies will rise.

Otherwise, after Zheng Jianguo holds a 10% stake, he still owes the bank $2.4 billion.

Now the stock market has an unimaginable dark psychology about this phenomenon. The oil field reserves of the two oil companies exceed 2.6 billion barrels. When the price of the latest oil contract is 33 dollars and 69 cents per barrel, how can the market value be above 80 billion——

But the fact is that after Charlie absorbed 3.4% of the shares worth $1 billion for three consecutive days, he only pulled its market value from the previous $34 billion to the price of $37.5 billion, an average increase of more than 800 million points a day.

Charlie was still working on Wall Street in New York, but Zheng Jianguo was surprised by what he thought. Then he worked late at night after work and found that the leveraged buyout that had matured in the stock market in his memory had not been recognized by the market at the moment.

The familiar leveraged trading in the futures market has not been accepted by the stock market. Zheng Jianguo intuitively seems to have found a great thing again. The futures market can charge handling fees because leverage enlarges the handling fees at the same time.

The reason why the stock market can operate in this way is that borrowing money needs to pay interest. According to the agreement of Zheng Jianguo and Charlie, the interest of 19% is almost one-fifth. After borrowing 2.4 billion, even if it is returned on time, it will have to pay the principal and interest of 2.856 billion.

"If there is no good investment channel in the future, it is also good to release the money in this way, which can just let the asset management company have something to do -"

"It's just 24% of the long-term loan interest, which is a bit tricky -"

Remembering the loan interest rate comparable to usury in the United States, Zheng Jianguo observed a few minutes of silence for the majority of the American people. Now the imported inflation in the United States is serious. Of course, this inflation is not unique to the United States. The sharp rise in oil, the king of global commodities, has directly and fundamentally led to the rise in the cost of various raw materials.

However, no matter what enterprises produce, the rise of logistics costs will apportion the costs to products, which is the origin of the saying that wool comes from sheep. Now, with the rise of oil, central banks around the world have offered a response - raising interest rates.

Therefore, as early as the beginning of 1980, the major developed countries in the world raised their interest rates a lot. Britain and the United States increased their interest rates the most, from 9% to 17%, and other developed countries increased their interest rates by about 5.5%. Even Japan, which is not in line with international standards, increased its capital from 3.5% to 9%.

Such a high interest rate has prompted Zheng Jianguo's previous idea of throwing money into the bank to eat interest. After all, the consequences of setting up a company and paying great energy to manage are not as high as the interest money. The annual return of 20% is also risky.

However, as the largest capitalist country in the world, American banks collect so much money, but they also want to invest it to produce value.

After all, I just said that wool comes from sheep. As the spokesperson of capital in the world, bankers can eat anything. As long as they make money, they can even eat shit, but they suffer losses——

Of course, when the interest rate is so high, Zheng Jianguo also has a string in his mind. Banks in capitalist countries will fail, so don't mention all kinds of messy companies. Don't lend money and take back a company at that time, so this idea is just wandering in his mind.

"Just from today on, I want to be a debtor -"

Thinking that Charlie had started buying stocks with the borrowed money, Zheng Jianguo flashed the idea before falling asleep that day, which gave rise to his naive understanding of his previous idea: "I've decided not to be in debt to speculate in stocks and futures in the past - but this opportunity is too rare?"

Facing the pie that seemed to fall from the sky, Zheng Jianguo's previous insistence was immediately convinced by himself. Therefore, after having a dream, he easily cleaned it up the next morning. Before he arrived in the emergency room in Plymouth, the pager in his waist rang: "didi -"

"Well --"

Subconsciously picked up his pager and looked at it. Zheng Jianguo found that it was the news from the emergency room. He didn't want to see the dark shadow in the corner of his eyes at this time. He raised his foot and stepped on the brake. When the whole person was almost thrown out by the huge centrifugal force, the harsh brake sound spread: "Zhi --"

"Bang -"

As Zheng Jianguo didn't have time to scold the escaping bike, a loud noise came along with the huge shock of the body. He knew that he had been licked by someone, so regardless of the scolding bicycle rider, he turned his head and looked behind him. He saw a white airbag in front of the driver's seat of the rear car——

"Fark oil, how do you drive!"

Outside the window of the rear car, the blonde girl looked fierce. Although Zheng Jianguo knew he was distracted, he now knew that the other party was the first to blame. It's just that he didn't keep the distance from the car and hit me. Now he still swears?

This very emotional idea flashed through his mind. Zheng Jianguo's hand touched the door but stopped. Looking at the thin ordinary window glass, he saw that with his action, the blonde had come to the back of his car and kicked his foot: "yellow monkey, you come down!"

“——”

Looking at the evil looking woman across the window, Zheng Jianguo blinked and sat down in the car. The blonde outside saw his action stop and couldn't help kicking the back door of the car: "timid yellow monkey, I knew you didn't dare to come down, coward, ha ha, be afraid. I'll kill you if you come down -"

"Didi, Woo -"

A loud siren suddenly came from a distance. The blonde subconsciously retracted her feet and looked at the roadside. She saw a police car slowly coming on the road in the distance, and the window of the police car in the driver's seat was down. The dark white toothed policeman was looking with his eyes. Zheng Jianguo had pushed open the door and rushed to the police car: "police, police, She said she was going to kill me -- "

"What?"

When the vigilant Baiya policeman heard this, he immediately stepped on the brake and touched the holster at his waist with his right hand. After opening it, he took out the pistol and got out of the car. After looking up and down at Zheng Jianguo, he raised the gun and aimed it at the blonde. He glanced at him with white eyes and renduo's eyes: "are you sure? She made a personal threat to you? "

"I'm sure she called me a yellow monkey and said she would kill me when I got out of the car -"

Zheng Jianguo didn't care if the woman was joking, but when it came to his personal safety, it could only be done as if it were true: "I just received a bomb package some time ago, from the emergency room of Massachusetts General Hospital -"

"Oh, are you the doctor?"

The white tooth policeman's face changed again, immediately raised his gun and shouted at the blonde: "hold your head and lie down!"

"Hold your head and get down!"

With the sharp voice of the white tooth policeman, the blonde policewoman in the co driver's seat of the police car also took out her gun and scolded: "hold your head and lie on the ground, hurry up --"

"I -- yellow monkey, you're dead!"

The blonde watched the two policemen approach slowly with pistols. The color of fear on her face turned into ferocity and shouted at Zheng Jianguo fiercely. The white tooth policeman immediately shouted, "madam, now I let you lie on the ground and repeat it again, otherwise I'll shoot!"

"You're dead. I must kill you. I'll kill your family -"

Looking at the two black muzzle, although the blonde's mouth was still fierce, she squatted down with her head in her arms, and then lay down on the ground honestly.

Soon the two policemen gathered around. The white tooth policeman quickly put away his gun, took out the handcuffs, twisted her hand to her back and handcuffed it: "madam, now you have the right to remain silent, but every word you say will become evidence in court -"

"Two policemen, I'm calling the police now. This man made a personal threat to me, and she made it after she hit my car -"

Zheng Jianguo watched the blonde being pulled from the ground by the policewoman, so he called the white tooth police. Unexpectedly, the latter looked at his car next to him and nodded and said, "now tell me what happened, but don't add fuel and vinegar, just as you say -"

"When I was driving, the pager rang, so I picked it up and looked at it. When I found that it was the news from the emergency room of the hospital, I stepped on the brake here, because there was an intersection in front of me. According to the regulations, I had to slow down.

If there were pedestrians, they would have to stop and give way, so when I saw a bike coming over there, I stopped the car, and then she hit the back, got out of the car, kicked my car, and threatened my life -- "

He deliberately played down that he stepped on the emergency brake because he looked at the pager. Zheng Jianguo certainly knew that even if he said so, he would be fined. However, compared with the fine of tens to hundreds of dollars, if he told a lie at this time, he would be committing a crime: "then you appeared -"

"Oh, you look at the pager while driving. This is a distraction and is not allowed, so you need to show your ID -"

The white tooth policeman who originally wanted to see each other's ID quickly said that Zheng Jianguo also took out his driver's license from his pocket under his eyes. After the former took it, he wrote it down in his little notebook, then raised his head, blinked and said, "are you a good student of Harvard medical school?"

"Well, if you mean graduating from Harvard Medical School in advance, it's me. I'm in the emergency room of Massachusetts General Hospital. Of course, I received an explosive package some time ago --"

Zheng Jianguo looked at the ID in each other's hand and said. When the white tooth policeman saw his eyes, he pinched the ID and said, "well, since you said you've seen a pager while driving, I'll give you a fine of $20. How do you feel?"

"No problem, it's much better than going to the police station with you to take notes and wait for people to pay -"

With a quick smile, Zheng Jianguo was relieved. Just like the previous ban painted by the governor around Mount St. Helens, Whoever violates it will have to choose between half a year in prison and a fine of $500.

Of course, Zheng Jianguo knew that going to see the pager while the vehicle was driving was a distraction. According to the requirements, he would be taken to shut down for three days or pay a fine. Besides, the money didn't call him a thing at all: "do I still need to find a lawyer for the accusation against that woman?"

"Oh, it depends on your own ideas. If you are not short of money, you'd better find a lawyer to help you solve this problem. After all, they are professionals -"

Seeing Zheng Jianguo take out $20 from his pocket wallet, the white tooth policeman quickly took out the fine sheet from his pocket, neatly wrote his name, time and reason, tore it up and gave it to him, glanced at the money in his hand and said, "the fine is handed over to the bank, so put it away -"

"Sorry, I forgot it when I was excited. Look -"

Surprised, Zheng Jianguo took the ticket from the other party and put it in his wallet with his wallet. Only when he arrived at the emergency room of the hospital, he found that the time was already 8:10. Manion in front of the service desk said: "just now Pliny wanted to see you to the operating room, and you missed another opportunity --"