Chapter 1851

"Jia Yapeng has chosen to break his wrists!" this is the worst news rext Morgan has received.

According to the insider, Jia Yapeng has talked with lace's largest shareholders. He has a very helpless and painful expression on the phone. Daqian did not expect the trouble caused by this additional power standard detection, resulting in the construction of the replacement power station being delayed by more than five months than expected.

This time can't be recovered at all. Daqian is bound to default at that time.

If we take into account other troubles that may arise in the future, it is likely to extend the three-year construction period to four years. In this way, the loss of Daqian will exceed $50 billion.

Considering such a situation, Daqian couldn't bear it, so he decided to break his hand, give up all the previous investment, and then return the funds invested by various companies to them with an interest rate of 4%, so that everyone can get together and disperse.

If several shareholders here have no objection, a shareholders' meeting will be held in a few days to announce the result.

Naturally, the automobile enterprises participating in the negotiation can only express their great helplessness, and then hope that Daqian will abide by its commitments, pay the agreed liquidated damages and return all its share capital. Everyone can understand Daqian's suffering and situation.

But rext Morgan couldn't accept it. He finally laid such a huge situation in order to drain thousands of blood, but thousands of people broke their hands. How can this be done!

Moreover, with today's event, Daqian is afraid to avoid the American market like snakes and scorpions. If he returns to the previous state that he did not dare to easily touch the American market, Morgan will never be able to drain Daqian's blood. This TM is too bad.

Moreover, for this plan, rext Morgan has successively invested nearly $2 billion. Although the loss is only 120 of a thousand, this money is a real loss, which will have a fatal impact on rext Morgan's prestige, which is absolutely unacceptable.

Daqian must stay and continue to replace the power station, otherwise what face does the Morgan consortium have!

Therefore, after Daqian's talk, the Audit Committee directly informed Daqian that the audit of the power station has been passed, all the equipment seized by the customs have been released, and all the green lights at the Customs after Daqian's power station has been replaced.

Hearing this news, all car companies were also very happy, and then persuaded Jia Yapeng one after another, although it is now a month or two later than the scheduled plan.

However, with the hard-working spirit of the Chinese people, this difficulty can be overcome. Let Jia Yapeng never give up. After all, the loss is 40 billion!

So Daqian also perked up, delayed the construction of the replacement power station for one or two months, and began to operate on its own again.

Rext Morgan also decided to wait patiently, wait until at least half of the replacement power station is built, and then delay the remaining half by various means, so as to delay the construction time of Daqian and start slowly bleeding.

Therefore, the construction of lace has been very stable for two months, and the time has entered March 2008. Rext Morgan, who has been paying attention to thousands, had to turn his attention to other places.

On July 16 last year, Bear Stearns, the fifth largest investment bank on Wall Street, closed its two hedge funds, which directly led to a loss of $1.5 billion.

However, this matter did not enter the eyes of Lecter Morgan. After all, it is normal for hedge funds to lose money. It is no surprise.

But in March this year, Bear Stearns bank broke out a huge liquidity crisis, which made Rex Morgan, who had a keen sense of smell, immediately smell the opportunity.

An opportunity to buy Bear Stearns.

So rext Morgan began to fully deal with the plan to buy Bear Stearns, and once Bear Stearns was favored by the Morgan consortium, it would obviously live to the end.

In early March, the company's account could not pay a penny, and Bell's dead capital chain was completely broken and bankrupt.

On March 14, the Federal Reserve announced that it would urgently provide emergency funds to Bear Stearns, which is the first time that the Federal Reserve has provided emergency relief funds since the great depression in 1929.

But the problem is that the money is not directly given to bear stone, but to Morgan bank. Why give it to Morgan bank? Because the management of bear stone has completely rotted, and their board of directors has rotted. It is obvious that bear stone's board of directors has no ability to operate the company, and no amount of money to them will be wasted.

So it's better to give us $30 billion to Morgan bank, and then ask Morgan bank with amazing strength to buy Bear Stearns to alleviate the crisis brought by Bear Stearns and take over all the businesses of Bear Stearns.

So on March 16, Morgan bank announced that it had acquired the whole Bear Stearns bank for only $236 million, with an average value of $2 per share.

You know, Bear Stearns had a share price of $147 a share at its peak, and the gap between the two was 70 times.

Even when it was on the verge of bankruptcy, Bear Stearns was valued at $10 a share, but Morgan bought Bear Stearns for only one-fifth of the price and received an emergency rescue of up to $30 billion a year.

[PS: I didn't make it up, but what really happened in history. Morgan swallowed up the whole Bear Stearns in such a bullshit way.]

Fools can see how exquisite this series of operations are, of course, very energy-consuming. Anyway, ract Morgan was almost busy with this thing all march, constantly engaged in all kinds of communication, met many people, made a lot of benefits, and finally completed this transaction that shocked the world.

This transaction also greatly increased rext Morgan's prestige within the consortium, so he took the opportunity to start all kinds of division and disintegration within the consortium, robbed classes and power, killed many opponents, and his own people up and down, making his position more stable.

However, when all this is done, it will be July 2008. At this time, rext Morgan has smelled something wrong.

But rext Morgan still has to pay attention to Daqian.

It doesn't matter if you don't look at the results. It's a surprise that the construction progress of Daqian's replacement power station has exceeded 50%, reaching 51%.

"These Chinese people are also terrible. The progress is so exaggerated. They also say that the whole construction process is expected to take two and a half years, and the result is 51% in only half a year. In this way, all the replacement power stations can be completed by the end of 2008!" rext Morgan felt a headache. Daqian was so cunning that he took advantage of his busy work, It hurts Rex Morgan to surpass so much without paying attention.

"But it doesn't matter. The progress has reached 50%, which means that Daqian has invested at least more than $100 billion. He can't break his hand now, and I can start bleeding him!!" ract Morgan showed a vicious smile.

God knows, in more than a year, he not only didn't obstruct Daqian, but kept throwing money and providing all kinds of help to Daqian. What a disgusting thing!