America’s Road To Fame

Chapter 44: Fancy death?

"Mr. William, Mr. Gared Kushner is at the front desk of the company now. He wants to see you."

William Chen was in the office and received a call from the front desk. After listening, he said, "Let him come over in five minutes. Besides, Annie, I'll make a cup of coffee for me later, no sugar added, thank you."

After saying this, he looked at John Paulson in front of him and continued: "Just like this, you continue to put the $500 million of Fund No. 1 into shorting CDOs and buying CDS, and take out another 2,000 dollars. Wan repaid the loan for Building 666 this month, and the remaining $1.6 billion was temporarily used to see bullish prices."

Chen William put 500 million yuan into the No. 1 fund from the last profit from shorting gold. After John Paulson shorted real estate bonds, the remaining funds were only 2,000 yuan to return No. 666 Building this month. In addition to the mature loans, all of them are taken out to see more gold.

After all, from the last eye of the future, he got the news that after the gold price reached the lowest point of 615 US dollars per ounce, it will continue to rise due to the outbreak of the subprime mortgage crisis, and it will stand at 1,400 US dollars per ounce by May next year. History High Point.

Therefore, when William Chen has no other investment opportunities for the time being, it is more appropriate to use the funds to buy long gold first, which is better than keeping the interest in the bank account all the time.

After all, Nielsen's equity investment department is only doing the preparatory work before the acquisition of shares, and it will not use that much capital in the short term.

As for the $650 million loan he still has on Building 666, William Chen is not in a hurry to pay it off in one go, even if his current funds are enough for him to fully repay all the loans.

A very simple truth is that when an economic crisis comes, cash is always king. Why rush to repay these loans if you can earn much more than bank interest on these funds? Isn't it fragrant to invest these funds and get more profits?

"Mr. William, your coffee." After John Paulson left William Chen's office, Annie, a female front desk clerk in a shirt and short skirt, walked in with long legs in black stockings, William Chen's coffee was placed on the table beside him: "According to your habit, only add milk and no sugar."

Now the staff of Meta Investment Company is not so complete, so as the front desk of the company, Annie is also responsible for part of the work of Chen William's secretary on a daily basis.

But for these things, Annie is very happy, because although she has not been working in this company for a long time, her income is quite considerable, because every time William Chen completes a relatively successful investment, people other than those in the investment department will get high In addition to the amount of bonus, other employees of the company will also receive a bonus equivalent to one month's salary, so Annie is very satisfied with her current job.

In addition to this, what is more important is that as the boss, Chen William is not only young and rich, but also looks so handsome. The most important thing is that he is still single and has no girlfriend.

This makes Annie, who thinks she looks outstanding and has a great figure, have more other ideas. Because of her beauty, she is also very popular in the company. Many other male colleagues want to date her, but Annie refuses all of them because her goal is to be rich. Handsome boss.

However, after she put down the coffee, she could not help feeling a little disappointed when she saw that William Chen just thanked him and still focused on the report in front of her.

"That's right, Annie."

When Annie heard William Chen calling out to her, she couldn't help but secretly rejoiced, but she heard William Chen continue:

"Let Mr. Garred come in and meet me."

It turned out to be like this. Annie felt lost for a while, but she didn't show it. She said, "Okay, Mr. William." Then she walked out of his office.

To be honest, William Chen doesn't want to see Gared right now, and he knows what he is looking for from him, and he will still use that rhetoric.

However, William Chen also understands that Garride is in an embarrassing situation now, because he first wanted to acquire the shares of Building 666 from William Chen, and the main reason was that the building was located in the prime location of Fifth Avenue. It is very suitable as the first project for Kushnar Group to enter the New York market and gain popularity.

At that time, he caused a misjudgment through the information of all parties. He believed that Chen William had mortgaged the last real estate for loan investment and was already on the verge of financial collapse, so he decisively won 40% of the shares of Building 666 in the hands of the Andal Trust Fund. .

Jared planned very well at the beginning. He wanted to take the 40% of the shares first, and then wait for the opportunity. When William Chen's financial crisis broke out, he could successfully take over the 60% of the shares in his hands. At that time, 666 Building No. 1 belongs to the Kushnar Group, and he can become famous in New York.

In fact, many companies do this in their acquisitions. There was nothing wrong with Gared's approach, but he was unlucky when he met William Chen.

Now he wants to buy Chen William's shares, but Chen William doesn't sell it; he wants to invest in shares, but Chen William, as the party holding 60% of the stock, doesn't agree.

Then what else could he do? 40% of the shares have been bought, and now I can't enter, and I'm not willing to retreat. Then I had to come up with various methods again and again to try to impress William Chen.

Sometimes when I put myself in the shoes of Gared and think about Gared's situation, William Chen can also feel his pity. But what can be done then? It is impossible to let go. Besides, when you bought shares in the building and wanted to force yourself to sell the building, you didn't put yourself in my shoes, so why should I put myself in your shoes now?

For many people who often shouted and put themselves in their shoes, William Chen would be dismissive. There is a saying that the poor must have something to hate; there is another saying that there is a cause and a result. Your own mind is not clear, you are messing around, and now you have been beaten, why don't you put yourself in your shoes?

"Jared you see me now, I've got a lot to do, if you don't have any constructive new proposals, then it's best not to waste our time with each other I don't want to say the same thing over and over again, you need to know how to solve the problem The best way to do this is to come up with new ideas instead of repeating, over and over again, a solution that has already been rejected."

After Gared entered William Chen's office, William Chen put down the report in his hand and said to him with a blank expression.

"William, believe me, I have always come to talk with you with sincerity, and this time I have prepared better conditions. I hope you can seriously consider it after listening to it, okay?" Gared looked sincere. Looking at Chen William, he said to him. As for what kind of thoughts he had in his heart, William Chen couldn't be bothered to guess.

"Okay, I listen, you can talk about your new plan, but Gared, you have to know that I can't keep entangled with you like this again and again, I hope after this time, no matter what the result is, it will be our last A conversation about this issue." William Chen shrugged and said to Gared.

"William, it's like this..."

Through Garred's words, Chen William finally understood his plan this time. After listening, he only had one thought, that is, Gared is really running on the road to death in order to get the 666 building. .

It turned out that the new plan proposed by Gared this time is to make some changes to the original plan. After knowing that William Chen had no intention to jointly fund the renovation of Building 666, Gared said that the Kushnar Group can still come up with it alone. $3 billion to renovate Building 666.

Different from the previous plan that required all of the 3 billion US dollars to be invested in shares, in this new plan, Gared said that he would first invest 1 billion US dollars in shares. In this way, based on the current overall valuation of Building 666 of US$2 billion, 60% of William Chen's shares are worth US$1.2 billion, and 40% of Kushnar Group's shares are worth US$800 million.

In this way, after Kushinar Group first invested 1 billion US dollars in the asset management company of Building 666, the company's valuation became 3 billion US dollars, and Chen William's original value of 1.2 billion US dollars was diluted to 40%. The group's original value of 800 million US dollars of shares, plus 1 billion US dollars of capital investment, will hold 60% of the company's shares.

After this process, the shareholding ratios of the two parties were exchanged, and Kushnar Group became the controlling party of the No. 666 Building Asset Management Company. Next, they will loan $2 billion as non-interest-bearing convertible debt to Building 666 Asset Management Company, plus the previous $1 billion, for a total of $3 billion to renovate Building 666.

The convertible debt of $2 billion has a term of one year. After one year, the unpaid part of the debt will be converted into shares of the company at a fixed valuation of $3 billion by Building 666 Asset Management Company. At that time, the creditor of this part of the debt, Kushnar Group ~www.wuxiaspot.com~, will use the company's valuation at this time to convert the remaining unpaid debt into company shares after one year, which is equivalent to investing in shares.

Garred's new plan can be said to tilt Chen William's shareholding ratio. If the 3 billion US dollars are now included in the shares, then Chen William's shareholding will be diluted to 24%, and through this process, it is quite Yu gave Chen William a year of buffer time.

"Within one year, can I also pay for the $2 billion in debt by myself, and then convert the part I repaid into shares?" William Chen asked after listening to these plans.

"Yes, but the ratio of your converted shares to be returned cannot be higher than your shareholding ratio at that time."

Gared's meaning is very clear, that once this plan is implemented, Chen William can maintain the shareholding ratio by repaying part of the debt during the year, but the ratio that Kushnar Group will get at least 60% of the building's shares will not change. In this way, no matter what, they have ensured their controlling position in the building.

It seems that they are very determined to take down Building No. 666. In fact, this plan will not only make Chen William lose his controlling position in the building, but it is actually beneficial to him. The Kushnar Group, however, is paying $2 billion interest-free to the building's asset management company for a year.

"I need to think about it, so, I will give you an answer in two days, how is it, Gared."

Hearing that William Chen didn't immediately refuse this time, Gared was still very excited, but it naturally wouldn't show on the surface, he nodded and said, "Okay, I hope you think about it seriously, this plan is already very promising. Sincerely, William, I'll be back in two days."

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