You should know that the risk of shorting is not so great. If you are not careful, you will die without a burial ground.

And according to his memory, Andy can't understand what makes the subprime mortgage crisis the most evil: the stock price of Citigroup, the world's largest bank, has fallen to a few cents; AIG, the world's largest insurance group, has lost all its money and spent $190 billion of the U.S. government to save its life; and the five investment banks in Huaer street, which are glittering, have exploded three more.

In short, in this crisis, the more powerful companies die, and the person who killed them is like Andy Smith.

Andy didn't dare to bet that his unexpected addition would kill Morgan Stanley.

Back in the office, Andy takes out three Havana cigars from the classic wooden box at his desk, throws one to Al and one to bud, and then bakes and lights them one by one.

The office is very quiet, three people each spit the mellow smoke, calming the excitement in their hearts, combing their thoughts.

Andy put the cigar on the edge of the crystal ashtray, stood up and walked to the bar, took out a bottle of red wine from the wine cabinet, stretched out his fingers and picked up three crystal clear goblets and walked back.

"How do you think?" he asked, smiling as he poured red wine

Bardstone leaned comfortably on the sofa, enjoying his cigar, and raised his chin slightly, letting alvertriel first state his point of view.

Al looked at the cigar in his hand, smashed it, smiled and said: "boss, I think you are thinking now, what kind of price will da Mo give us? According to the current market situation, they will give me a half discount of $3-3.6 billion, and the bottom line may be around $4 billion. "

Andy nodded, at the same price as he thought, and at the same price that other companies interested in Momo could offer, "can they offer so much cash?"

"They can also use credit lines for loans. Although loans will become usury when the bank tightens the loan window, since the big Mo is ready to redeem the gambling agreement in our hands, it means that they will have a fight!" Bardstone crossed his legs, moved to a more comfortable position, smiled and analyzed Andy.

Andy frowns, as if to say something. Alvette takes the lead in saying: "big but not down! It's not to underestimate the greed of an investment bank. "

"Four billion?" To be honest, Andy is affected by the greed that keeps coming out from the bottom of his heart. People always want to get more and get more when they are at hand...

Al and bud couldn't help but look at each other and see their young boss's face tangled.

"Hoo -" Andy's brows stretched out, and he breathed out a mouthful of dullness. His eyes shone brightly at al and bud. "It's a little reluctant! Is there anything else that maximizes my interests? "

“。。。。。。”

Bardstone and Al frowned and thought quickly.

After a while, Al began to say, "let's start with 6 billion yuan and engage in entanglement negotiations. 4 billion yuan is just our guess, not necessarily their bottom line. We have enough time to drag it down, but they don't, and the market will change every day. No one knows what will happen next. Time is also a treasure for them Expensive. "

"Not bad!" "We have the initiative, we can put pressure on them at any time. When the negotiations are stalemate and there is no compromise, you can meet with some executives like UBS, Citigroup and JPMorgan Chase for coffee and golf. I think Morgan Stanley will compromise."

"However, boss, don't expect too much. 4 billion is guaranteed to be the minimum, and the maximum is no more than 5 billion dollars. Maybe it will be discounted by cash plus equity." Alvertriel saw the boss with a happy face and said at the right time.

"Who wants their shares? For some time to come, they don't know how much their stock will fall! " Andy curled his mouth and said with disdain.

"Then use convertible preferred shares plus cash. When the company has less profits, the convertible preferred shares can continue to hold the preferred shares without the right of conversion request, so as to ensure the fixed dividend. When the company has higher profits, the convertible preferred shares can be converted into ordinary shares to share the rich profits. This will also help the company reduce its burden. "

Bardstone threw out a new concept, which made al couldn't help but brighten his eyes and nod his head in agreement: "maybe Momo would agree with this model very much. After all, a shareholder with a lot of cash and no right to exercise would be more beneficial for them to experience future storms."

"Well, that's settled! You two immediately set up a negotiation team to inform the other party to start the negotiation. Bud, you have been responsible for the CDs gambling agreement. You need to give more support to Al in terms of data. Al is led by you. After all, you are experienced in the negotiation. Is there no problem? "

"No."

"No."

Both of them nodded their heads seriously, and Andy said to both of them: "then I'll trouble you both."Looking at the figure of two people leaving, Andy took a sip of cigar, slowly opened his lips, a cloud of smoke rose slowly, smelled the mellow smell, shook the red wine cup in his hand, and took a sip.

"Soon... As long as the negotiation is completed, I can start to implement the plan, and then wait, and then wait... " Andy's mouth is slightly cocked up, his eyes are slightly squinting, but his mind has not known where he has gone.

Morgan Stanley's negotiating team, after receiving a call from bardstone, led the team to Freedom City investment company that afternoon.

Under the introduction of bardstone and Morgan Stanley Tom, the two teams had a brief understanding and exchange, and they sat opposite each other in the conference room.

Free city investment company is mainly based on alvette, with bardstone as the deputy, Morgan Stanley is mainly based on John J mark, and Tom is the deputy.

After the two sides got involved in the negotiation, the John j-mark directly offered a price that Al and bud looked at each other.

"US $3.6 billion, Morgan Stanley is willing to offer us $3.6 billion to redeem the gambling agreement..."

Bud and Al see from each other's eyes that they don't want to have a long-term war with them, but they hope to end the negotiation as soon as possible. Bud sees Tom, who has no expression on the opposite side, but his mouth is slightly pulled, and his eyes are narrowed.

"Our agreement will eventually make a profit of $7.2 billion, and you will give us a 50% discount as soon as you open your mouth. If it is you, will you agree?"? Our boss wouldn't have talked to you if we had known that you offered this price.

However, since the negotiation has begun, we also tell you that our bottom line is 6 billion. If you want to redeem the counter bet agreement, we will not consider it if it is less than 6 billion. "

"Impossible! This is blackmail. We will never accept such an outrageous price. "

Al and bardstone look at each other indefinitely, look at the angry John Mark with idiotic eyes, blackmail?

Alverterie sneered and threw his pen on the table, arms around his chest, and said in a cold voice: "pay attention to your wording, we didn't ask you to buy it, and if you can't figure out the situation, then the negotiation is over.

We have enough time to wait until the expiration date of the agreement. I hope that you can come up with so much cash. Otherwise, we will ask the court to freeze your assets and convert them to pay debts. I think your Morgan Stanley company with tens of billions of dollars can collect enough money to compensate us by auctioning a few subsidiaries at random! "

"You --"

"don't get excited. Talk slowly if you have something to say. Our negotiation is just beginning. We can't talk about the price. We can find a consensus slowly. You want to make profits and leave easily. We want to recover the losses of the company. Our demands don't conflict with each other. We can talk slowly." Tom seemed to be very helpless and began to persuade both sides with bitter face.

Bardstone and Tom are friends. He has noticed something wrong. He looks at his data analyst.

The data analyst then opens the folder, uses the concrete data dagger, fiercely inserts the other side's heart, what listens to Morgan Stanley's person is the complexion greatly changes.

Bardstone took the opportunity to leave the meeting room and went straight to Andy's office to give him his guess.

"You mean there's something wrong with Morgan Stanley?" Andy frowned and groped under his chin.

"It should be so. Tom looks at John Mark strangely. He is alert. When he quarrels with Al, he even gloats. Why don't I ask? " Badstone agreed with a frown.

"Well, call right here..." Andy's whole body is on the boss's chair, his arms and elbows are on the armrest, his hands are crossed in front of his chest.

Bardstone took out his mobile phone and began to call Morgan Stanley's friends. Soon after bard kept asking, the other side told him the truth. In fact, even if he didn't tell now, tomorrow's newspaper would be published.

Bardstone's face changed a little. After a few thanks, he hung up and said to Andy, "at the board meeting held by Morgan Stanley this morning, S. Parker Gilbert, the founder's stepson and former chairman of Morgan Stanley, used his name, reputation and financial resources to force Pei Xiliang to give up his power, and at the same time, he was also determined to have sex His more conservative financial approach is destroying the culture that Morgan Stanley promotes. "

"That is to say, the other party just had a power change!" Andy's brow is getting tighter.

"Yes, Parker is the core and soul of Morgan Stanley. Today's negotiator John Mark is likely to succeed CEO of Momo. That's why he started to talk about $3.6 billion. He hopes to end the negotiation as soon as possible without paying too much price." Bardstone is familiar with Wall Street, and the hero's score is even more familiar with his chest.

"Ha ha, are you high spirited? You go back, follow the original plan, drag along, first sharpen his spirit, and ask people to have the attitude of asking people, where is he can make the decision! " Andy sneers, but now it seems that simple negotiation can't achieve the goal, maybe it's time to move.