Blackstone Code
Chapter 2528
"That's impossible, Mr. Lynch!"
The directors of the Federal Savings Bank gave a straight answer of "impossible."
If it wasn't Lynch sitting across from him, he would have asked a question in a slightly raised and sarcastic tone if it had been anyone else -
"Do you know how much five percent at the Federal Reserve is?"
That’s at least worth more than 50 billion!
And there will be more and more!
The top three largest individual shareholders of the Federal Reserve Bank combined only have about that much. It is obviously impossible for Lynch to ask for so much alone.
However, when he faced Lynch and denied this possibility, he did not have such a "loud voice". Instead, he responded to Lynch in a low voice with some sadness and anger.
Lynch looked at him and shook his head slightly, "Nothing is impossible, sir."
"The people of Gefra have never imagined that a group of exiled prisoners, thieves, female gangsters, and gold diggers, such marginalized people eliminated by society, could establish such a powerful country on this land."
"And the indigenous people of this land never thought that they were just a small group of alien demons, but they were easily slaughtered to the point where they needed legal protection to survive!"
"The people of Gefra never thought that Pengeo, who had lost to them, would one day ignite a war on the island of Gefra, just like they didn't think that the federal army could land on the Eastern Continent."
"Nothing in this world is absolutely impossible. Destiny is always so elusive."
“It will always break through your cognition when you don’t expect it and make you realize that there is no absolute in this world!”
"Maybe you could go back and discuss it with the board?"
"I believe that some shareholders are now willing to sell their shares at the right price. After all, there are not that many people who are willing to sink into the bottom of the water together!"
The stock price of the Federal Reserve Bank has continued to fall. Although the decline is not very large, it is heading downward!
The board of directors and major shareholders are all trying to protect the stock price. If there is abnormal selling, they will take over. This also makes their cash shrink quickly and they take too many shares.
This is not to say that having more shares is bad. In fact, having more shares will greatly help their power on the board of directors and at shareholder meetings.
But this accumulation should occur when the Fed stock situation is healthy, and their personal assets are healthy, then it makes sense!
In fact, if someone is willing to take over a part of the stock and share some of the pressure for them, they may not be as firmly opposed as in the past.
The director was silent, "Is there no other possibility?"
Lynch shook his head and said nothing more. He had already expressed in his own way the attitude of "if you can't meet my requirements, there will be no cooperation."
The director knew that there was no point in procrastinating any longer. For a big shot like Lynch, as long as he determined something, it would be his "bottom line."
Then he stood up and left, very politely, thanking Lynch for taking the time to chat with him, and thanking Lynch for being willing to provide some conditions for cooperation in this matter.
After the director returned to the Federal Reserve Bank, he explained Lynch's request.
In addition to a few board members who are very dissatisfied with Lynch's lion's opening, the chairman of the board of directors and a few major shareholders are considering whether it is worthwhile to do so.
"Can we take out five percent of the shares?"
After a brief thought, the chairman of the board asked a question.
After the Federal Reserve's antitrust lawsuit, the stock price began to fall, and the board of directors immediately initiated corresponding measures. That is, the board members and major shareholders tried their best to eat up those abnormal selling orders to stabilize the stock price.
This is very important for a company!
Because the stock price is an expression of the confidence of a company in the eyes of investors for a certain period of time in the future!
If even the board of directors and major shareholders are unwilling to take over and are not optimistic about the future of the Federal Reserve Bank, then investors will immediately abandon their stocks, causing the Federal Reserve Bank to plummet!
Once an economy of this size and size plummets, it will trigger a terrifying run!
People who borrowed loans from the Federal Savings Bank will do everything they can to delay the loan, refuse to repay in advance, or even file a lawsuit rather than repay the loan.
And those who withdraw money after the bank run breaks out will drain every penny out of the Federal Reserve Bank's vaults!
The deposit guarantee limit of the Federal Reserve Bank is less than 40% of the deposit amount, which means that if it has accepted a deposit of one hundred yuan, in fact it can only withdraw thirty or forty yuan now.
The remaining money is either lent to others or used for various investments.
For banks, as long as they cannot withdraw money, they are on the verge of bankruptcy.
Maybe in a few days, it will file for bankruptcy protection amid a wave of runs, even though its assets are actually far more than its deposits!
In order to stabilize the confidence of investors and ensure that there will not be a run, they must maintain the stock price!
The only way to maintain stock prices in the financial trading market is to be a taker!
"We can now take out about 3.8% of the shares. If we consider some buyback terms, there is no problem with 4.2% to 4.5%."
When the chairman of the board of directors heard this number, he was still very satisfied. It meant that there were not that many people selling stocks.
"Lynch's influence in the presidential palace is critical. Since President Bowling took over, he has been welded into the presidential palace."
"He was close friends with many federal presidents, and his influence on Connor was particularly important."
"I think if the conditions are right, we can continue to contact Lynch. As long as he can meet our requirements, we can definitely give him these shares."
Give, not for free.
Lynch wants to buy it out, or, as he puts it, cross-hold it.
This is actually a very good choice, especially cross-shareholding, which can greatly enhance a company's ability to resist risks!
This is far more suitable for the current situation than spending money to buy it directly!
Another director seemed to be asking himself or the chairman of the board, "So what conditions do we need him to meet?"
The chairman of the board of directors turned the lighter in his hand and said, "Let him convince Connor..."
"I will talk to him personally this time."
That evening the chairman of the board of directors of the Federal Reserve Bank called Lynch and made an appointment to meet with him the next morning.
Lynch did not shirk. One day earlier or one day later would not make any big difference in the result.
The two met this time in Lynch's office, the office of Blackstone Bank. He didn't come often.
Institutions like banks are not an emerging industry or enterprise. They have already had very mature rules and mechanisms. The chairman of the board of directors, major shareholder, or president of the bank will only be responsible for some general decisions.
When it comes to the actual implementation, they will not touch it, and they are not needed.
At least I haven't heard of any bank president who handles deposits for customers at the counter and deposits only one dollar.
So after he decides on the general direction, he basically doesn’t need to intervene in the rest.
Blackstone Bank's cash pool is very abundant, and there are no problems with various lending and borrowing businesses. Apart from making the bank's senior executives uneasy, his presence here actually has no great significance.
But today, it makes sense for him to be sitting in the office!
The ceiling of this office is as high as twelve meters!
The decoration is extremely luxurious!
Compared with the office of a bank president, it is actually more like a palace where His Majesty the Emperor handles daily work!
The two-meter-high high-backed chair is made of pure gold, supplemented by dragon-colored dragon blood wood and rhinoceros leather, making it look no different from His Majesty the Emperor's throne.
Lynch is sitting on this exaggerated chair, but it does not make people feel that he is insignificant. Instead, it gives people a strong visual impact!
The Chairman of the Board of Directors of the Federal Reserve Bank was stunned for a moment when he just entered the office. He had seen many various designs, but few were like this one.
It made him mistakenly think that he was standing in a royal court instead of an office.
Lynch stood up, walked around the desk for two steps, then stopped and looked at the chairman of the board of directors with a smile.
The latter came back to his senses at this time and walked up to Lin Qi, took the initiative to reach out his hand and grasped Lin Qi's rightly raised palm.
"Mr. Lynch, it's a pleasure to meet you here."
"Me too!"
Lin Qi nodded reservedly, then invited the chairman of the board of directors to sit down, then returned to the exaggerated chair and sat back.
"This chair...", the chairman of the board of directors still couldn't hold it back. Of course, this is also a way of warming up, a relatively advanced communication skill.
Persuading others is actually a very difficult communication task. When you have this task, it means that essentially the two of you have differences.
So how to resolve differences has become a key issue.
Before resolving differences, there are many things that need to be done, such as finding common ground between both parties so that both parties can identify with each other.
Finding a content that seems unrelated to communication as a hot topic, and then introducing recognition can make communication smoother.
It's like if someone says you have good taste, you won't think this person is a fool.
The chairman of the board of directors is also preparing to find recognition for topics that seem to have nothing to do with the topic.
Lynch patted the armrest of the golden throne, with a smile on his face, "The Penjieo royal family owes me a lot of money."
"This is one of the properties they mortgaged to me. It has been the seat of many emperors, but now it belongs to me!"
"Penteio's royal family was originally reluctant to mortgage it to me. They thought it was a symbol of the royal spirit."
"But when they quickly realized that the value of satisfying me was far higher than such a dead thing that only had symbolic meaning, they compromised!"
"only because……"
"I can influence the outcome of the negotiation!"
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