Chapter 1031

"The worst of the subprime crisis is over. The credit market has begun to ease, but the market environment is still challenging Richard Fuld, chief executive of Lehman Brothers Holdings, was talking in red wine among a group of investment bank executives.

"Wall Street is closer to the end of the crisis..." John Mack, chief executive of Morgan Stanley, nodded in agreement with several others around him.

Andy kept smiling, holding Ivana's waist, raising his glass and moving away. He walked away and whispered, "I'm not going to make complaints about a bunch of idiots.

"Poo poo -"

Ivanna was laughing and shaking. She reached out her hand and hammered her boyfriend. "It would be rude to be heard."

"Ha ha, wait and see. Many people will be kicked out of the game..." Andy whispered in Ivana's ear. The intimacy of the two made many people look envious.

"You guys, this is my latest closed-end fund, with a share of 2 billion US dollars and an annual income of 9%. We are friends. You have priority..."

Andy holds Ivana in his arms and passes a small circle. When he hears 9% of the annual income, he looks around with a frown. He sees that he is holding his head high. It seems that he is giving Madoff the same look as others. He can't help sneering.

The old liar seems to have been in trouble. He is working hard to cheat money to close the hole. Although he knows that many people can reduce the loss or avoid the loss if he has the situation in public now, it's Andy Pi's business.

He is still waiting to make a deal with Paulson. Besides, the old liar is not fighting alone. His biggest accomplice is mg chase. When he can pit mg chase, he can also take revenge on Hu Bear Stearns commercial bank.

The next morning, Andy and Ivana finished their morning run. After playing in the bathroom for a while, they changed their clothes and began to eat breakfast.

All the major media reported on last night's reception of Wall Street tycoons, interviewed some guests, and expressed their opinions on the $25 billion auction of special treasury bonds.

Of course, there are a lot of reports on the run of IndyMac bank, with all kinds of speculation, analysis and worries, creating a new panic for the run.

"IndyMac bank is too focused on the sub prime loan business, and the business area is too concentrated in California..." Closing the newspaper, Ivana's bright eyes blinked and she looked across at her boyfriend who was eating breakfast.

"Well, if it's fragmented, I can't see it. With $32 billion in assets, one out of every 192 households in California is in foreclosure. The foreclosure rate is 2.6 times the average value of the United States. This situation will become more serious with the deepening of the economic crisis. Do you know what this means?" Andy and Ivana looked at each other and laughed as he ate breakfast.

"A lot of mortgaged real estate will become the property of the bank, but the depression of the real estate market will bring more burden to the bank." Ivana's eyebrows are slightly wrinkled.

"Not only the real estate, but also the land. The domestic demand in the United States can't be solved for the time being. I can introduce external forces to share. California is the largest Asian immigration state, and the degree of Asian's attention to the real estate is beyond Westerners' understanding. Especially in this year's wave of Chinese immigrants, a $230000 villa, tut, you think it's not bad Will the Chinese people buy directly in cash? "

Andy ripped a piece of toast into his mouth and said with a smile, "don't worry, I have a plan. The houses in the good community can be sold to the Chinese immigrants, and the land can be sold to the expanding Chinese real estate companies. They are not poor in money!"

"We CP Group can also buy good land." Ivana's eyes turned and a charming smile appeared on her face, she said to Andy.

"It's all settled, no problem."

“。。。。。。”

In the office on the 58th floor of Manhattan Newsweek building, Andy is frowning to listen to Li Xiaoying's report on the talks with Yahoo these days, because Ali is not so strong in the future at present. This time, Microsoft acquired Yahoo mainly because Yahoo's core advertising assets are highly recognized by Microsoft.

However, because of Yang Zhiyuan's unwillingness, yahoo still insisted on at least $53 billion, equivalent to $37 per share. Microsoft's offer three months ago was $44.6 billion, or $31 a share.

"In fact, Yang Zhiyuan has been in a dilemma. If he doesn't want to sell Yahoo, he'll sell it to his long-term loser. If he doesn't sell it, he and another founder, Philo, don't have much control over it. But in my opinion, they are already at their wit's end. There's no better way to change Yahoo's decline."

"At first, when I met with Yang Zhiyuan, the reason why he didn't reject our proposal to buy Alibaba shares was because he thought that in the short term, he might need a lot of cash to take measures to increase the difficulty of Microsoft's acquisition of Yahoo," Li Xiaoying saidAndy is also a little speechless, "what else does he want at this price? What a greedy fellow! "

To be honest, Andy didn't really expect Alibaba B2B after HK listing to become a certain oil of HK version. It fell all the way, with a certain oil bearing. From the market value of $20 billion to the current $4.1 billion, it really went out of a downward line that makes people breathe blood. The market value of Ali (Cayman Islands) has also shrunk to 20% of that of the B2B subsidiary when it was listed.

In fact, to be honest, Andy has always been on guard against Jackie ma. He doesn't say what he regards investors as, nor is he the sixth one to play. Anyway, he used to be very happy to see those foreign investors in his hole, but now that he is himself, Andy is a bit less beautiful.

But this guy does have a way to make money, and Ali will eventually reach a market value of hundreds of billions of dollars. Andy won't miss this wealth growth point, but the best way to keep his shares and prevent him from sinking into himself is to keep increasing his shares, because maybe he will come up with a crooked way to reduce the shares in the hands of shareholders 。

You know, Yahoo is the most typical example, from 39% cut all the way by him to 24%, which shows its strength.

"No matter what, we need to get some shares from Yang Zhiyuan. In this way, you tell Yang Zhiyuan that we are willing to buy some shares of Ali (Cayman Islands) at a valuation of 20 billion US dollars.

To be honest, if Microsoft's acquisition of Yahoo is disturbed this time, and if Yahoo's performance fails to meet the expectations of Wall Street, Yang Zhiyuan will probably be forced to resign as CEO of Yahoo. We won't have much time left. At that time, there will be a power struggle between Ali and the new CEO of Yahoo! "

Hearing Andy's words, Li Xiaoying nodded solemnly, but shook her head again and said: "because Yahoo and Ali signed the transaction contract that year, which accounted for 40% of the shares, only had 35% of the voting rights, and the rest of the voting rights belonged to Jack Ma's team. This term is valid until October 2010, maybe we can only get 4% of the shares at most, and this part We won't get the right to vote for a while and a half. "