Chapter 736

In the afternoon, La Lula appeared in Li Feng's suite in the Ritz Hotel. Li Feng once again signed an agreement on the transfer of 40% of the shares of Lehua winery and a cooperation agreement between the winery and the winery group. From next year, Li Feng's winery group has an annual 4-tier quota of Lehua winery.

The empress of reclamation was vigorous and resolute. After she came, she didn't do anything except sign a contract with Li Feng. She turned around and directly said goodbye and left without any stay.

Li Feng also stayed for a while. Unfortunately, people still insisted on going back to Romani village. Well, the small village in the countryside still looks very attractive.

After seeing off the people and being free, Li Feng took the business card in Wang Siqing's hand and dialed it directly.

Before thinking about the other shareholders of spring department store, I saw the name of credit Lyon bank, which was contacted. MGM was the asset in the hands of credit Lyon bank last year. It was considered that it had dealt with others when it took over.

Last time, it was the chief executive of the presidential palace who led the line. Therefore, Li Feng first thought of the chief executive Dominic dervipan, the Secretary General of the presidential palace who had contact with him.

"Hi... Hello, Dominic, I'm St. John Lee of century group!"

"Wow... I didn't expect it was you, a rich man. Congratulations. It is said that you just came to France, but you pocketed the Gucci group in Italy. Indeed, you are worthy of being the son of wealth."

"Hehe, I'm just lucky. No, I thought of your old friend just after I was busy. Do you have time to treat me and come out for a drink?"

"OK, that's my pleasure. I know you're at the Ritz Hotel, right? I think the famous Hemingway bar of the Ritz Hotel is a good place to drink."

"Hehe... Then I'm waiting for you!"

"Bye!"

“…”

……

After hanging up the phone, Li Feng had a feeling in his heart. The facts once again proved that his identity was really different now. No, the Secretary General of the presidential palace had just had a contact with MGM before. When he called, people came to the door.

Similarly, Li Zekai, the little Superman who saw Li Feng calling, also gave Li Feng a thumbs up and expressed his admiration. After all, people like the Secretary General of the presidential palace are big people in a country. As a result, Li Feng asked others to come in person with a phone call.

Naturally, in fact, this is still the mischief of Oriental thinking. In western society, rich people like Li Feng also have top military enterprises like Blackwater. Now Li Feng's influence is actually very great. Coupled with the world's top wealth, it is actually affordable for people to come to the door in person. Even if he is the head of the state yuan, Li Feng's achievements are more than enough and no big deal.

At this time, on the second floor of the famous Elysee Palace, in an office in the presidential office and living area, Dominic dervipan, the presidential housekeeper, just hung up the phone and couldn't help thinking.

He didn't believe that Li Feng, the super rich of the United States, would call himself for no reason. Then he picked up the phone on the table and dialed it. Instead, he practiced the Intelligence Department of the presidential palace and began to understand Li Feng's specific itinerary and related affairs after he came to Paris.

Soon, a detailed report of Li Feng's next series of actions came to Dominica from his arrival in France. He picked up the report and looked at it a little. The housekeeper of the presidential palace walked towards the presidential office not far away.

……

"Mr. President, I have just received an invitation here. Maybe you will be interested." Dominic delvepan smiled and said to French President Jacques Chirac, who looked up at himself.

"Hi... Dominic, what good news do you have for me?"

"Look, there is a Hermes (God of wealth in Greek mythology) in Paris now."

"Oh... Tell me." He also took the document handed over by Dominic delvepan.

"St. John Lee, the son of the United States emperor, who is rising rapidly and at an incredible speed. Recently, he has caused another storm in Europe. As soon as he arrived in Paris, he pocketed the Gucci group in Italy, and before that, he went to this reclaimed land - Romani village.

According to our understanding, it seems to be related to Henry Jaye, the God of Burgundy wine. It is estimated that it is related to Jaye's winery. After all, among luxury goods, top wine is also top luxury goods. That's what LVMH group does.

I had a contact with him before, that is, MGM last year. He received MGM from credit Lyon. You were worried about credit Lyon before. Maybe you can talk to overseas consortia. The son of wealth also has his own bank. "

"Maybe. By the way, you asked him to meet you tonight?"

"Yes, he's staying at the Ritz Hotel. If there's nothing wrong, I'll have a drink with someone later."

"Wow... Since he just came back from bokendi, I don't think he will be stingy with a bottle of red bar. I'll go with you after work. I'll also meet the wealth legend of the new era. I've heard of him for a long time. I'm very interested in such an excellent young man."

"Are you sure, OK, I'll arrange it."

“…”

……

Li Feng did not know at this time that one of his phone calls blew up the French president, and expressed his curiosity about him and wanted to meet him in person.

At the same time, Li Feng looked at the collected information about credit Lyon. After all, he still needs to contact people about Paris spring department store. In addition to the previous situation of MGM, it can be regarded as contact with credit Lyon. Knowing that people are now at a low ebb and on the verge of bankruptcy, he naturally wants to know something.

As for the data in his hand, at this time, Li Feng couldn't help but rejoice in his wisdom. Now it's time for the strategic intelligence department to play a role. Some public information soon came to Li Feng, and even some secret data came together.

Looking at the situation of credit Lyon bank in his hand, Li Feng was speechless for a while. He said that if he didn't die, he wouldn't die. Yes, in Li Feng's opinion, the bank definitely killed himself.

At first, credit Lyon was one of the largest commercial banks in France. Later, France implemented bank nationalization, and credit Lyon finally became a 100% state-owned bank controlled by the government.

Then in the 1980s, I wonder if the government or the management at that time had a hot head and wanted to build it into the facade of French banks. They carried out blind expansion. Finally, by 1993, credit banks had indeed become the largest multinational bank in Europe and the ninth in the world with total assets of more than US $300 billion.

Unfortunately, the good times are not long. Blind expansion has led to a large increase in bad debts, non-performing assets and high-risk assets, and the rapid expansion has led to management confusion and serious losses every year.

From 1992 to 1994, the bank suffered a total loss of 20 billion euros in less than three years. With more than 10 billion dollars of bad debts and non-performing assets and nearly 30 billion dollars of high-risk assets, the bank is on the verge of bankruptcy.

……

So far, the French government has rescued the bank twice. The first time was in 1994. First, it directly injected several billion francs, and then transferred the bank's bad debts of nearly 10 billion dollars to a new company, stripped off the bad debts and removed the burden, thinking that it could pull credit Lyon back again.

Unfortunately, it still faces huge losses every year. In addition to bad debts, banks still have nearly 10 billion dollars of non-performing assets and tens of billions of dollars of high-risk assets, which are the consequences of busy expansion before.

Finally, in 1995, we had to carry out a second rescue.

At that time, the French government stripped the Bank of nearly $30 billion of high-risk assets again. Naturally, the bank had to pay for the tens of billions of dollars of assets. The result was that 60% of the bank's annual pre tax profit would be handed over to the state treasury in the next 20 years.

In addition to stripping off non-performing assets, the French government finally decided to privatize credit Lyon and sell its retail business outside Europe.

Yes, at first, the bank was nationalized, but this time it returned to the original point and wanted to privatize the bank again. As for CLSA's retail business outside Europe, it was naturally annexed by other financial consortia.

......

It can be said that the two government bailouts of credit Lyon shocked the financial circles in Europe and even the world. What did credit Lyon say at that time. At least nominally, it is also the first super banking consortium in Europe and the ninth in the world. Such a consortium is suddenly on the verge of bankruptcy, and its influence can be imagined.