My 1999
Chapter 952: Bad news coming one after another
Xu Liang looked at the oil futures price on the display screen, which remained at $59.4, and sighed inwardly.
Really unwilling.
If he still has 20 billion US dollars in hand, he will definitely drive up oil prices.
But he only has 9 billion US dollars left in his hands. Even if he invests all of it, it is impossible to raise the price of oil to 64 US dollars.
But according to Hanhua’s analysis.
Only if the price of oil climbs to $64 can it touch the forced liquidation line of Soros and his colleagues.
So there was clearly a chance to win, but I couldn't grasp it because of my lack of strength. You can imagine the regret in my heart.
Thinking back to the many companies under his ownership.
Hongyan’s assets.
Except for the shares of Standard Chartered Bank, basically everything that can be mortgaged has been mortgaged.
Standard Chartered is the financial core he built for Xu's consortium, and the equity must never be given away.
Therefore, even if he is in a desperate situation, he will not use it as a mortgage.
After hesitating for a long time, he had to compromise further.
Take out Kunlun Technology and Huaxia Liquor Group under Hanhua.
Kelong Supermarket will be listed soon, so it is not suitable for loans, otherwise it will affect bond underwriting.
Kunlun Technology and China Wine Industry were not mortgaged to Standard Chartered, but to Hongmeng.
After selling Universal Music Group and adding its own profits, Hongmeng’s cash assets on its books are close to US$15 billion.
Although there is still a US$5 billion in corporate debt to be repaid at the end of the year.
But at least there is enough money now.
The most important thing is that Kunlun Technology, China Wine Industry and Hongmeng are all companies he controls absolutely. Unlike Standard Chartered, which holds less than 50% of the shares, mortgage loans must have detailed financial evaluation documents.
It is much easier to lend and borrow money from each other.
Once the money arrives, he can launch his final offensive.
Jingle bell bell…
The phone rang.
I looked at the caller ID and saw that it was Sun Yan, CEO of Youku.
After pressing the answer button, an anxious voice came.
“Mr. Xu, we just received a letter from lawyers from Disney, 20th Century Fox, Sony, Paramount, and Warner Bros. suing Youku (YouTube) for infringing their film and television copyrights.
Demand a formal apology in the media and $5 billion in compensation. "
Xu Liang listened calmly.
"It's finally here."
Since its development, YouTube has been filled with mixed clips of various movies. Although they are all private clips, they are published on the YouTube website.
Doing so must have violated the copyrights of several major Hollywood giants.
However, YouTube has not received any complaints in the past two years of its development.
At that time, Xu Liang understood that it was not the good intentions of these Hollywood villains, but YouTube, which was still in its infancy, and would not get much benefit even if it sued.
Now the company has grown, and with the support of Hongmeng and Facebook, it has become the world's largest short video website.
It has nearly 100 million users, 2.7 million different videos, and more than 800 professional video hosts.
The valuation has also exceeded US$3 billion.
It's ready for slaughter.
But he didn't strike early or late, but he struck suddenly when he was getting anxious in the fight with old Soros.
He wouldn't believe it if there wasn't something fishy in it.
"Contact Mr. Xie and he will tell you exactly what to do."
Anticipating that the Hollywood giant would sue, the company naturally formulated several response plans.
"OK."
After hanging up the phone, Xu Liang thought about it briefly and put the matter behind him.
A legal case proceeds from evidence collection, to court proceedings, to judgment.
No matter how fast it is, it will still take half a year.
After such a long time, his duel with the old Soros has long been over, and he can completely free up his hands to solve this problem.
However, since Old Soros wants to disrupt his layout and kill his dragon, this is simply impossible.
Jingle bell bell…
The phone rang again.
Xu Liang picked up the call and saw that the caller was Helen.
"What's wrong?"
"Dear, Myspace filed a lawsuit in New York court, saying that Facebook's page design and system code plagiarized them, requiring us to make comprehensive rectifications and compensate them for US$4 billion in losses.
Now we have received a lawyer's letter from the court.
The most important thing is that because of this incident, the major financial institutions participating in the Series B financing simultaneously lowered the company's valuation. "
"These guys will take advantage of the opportunity." Xu Liang said.
"They must have reached an agreement secretly to lower Facebook's valuation together." Helen said angrily.
"Haha, that's for sure. If it were me, I would still choose to add insult to injury. But it doesn't matter, the initiative of Series B financing is in our hands, just talk slowly.
As for Myspace, it's just a clown. If they want to litigate, then let's do it. "
The funds for the last acquisition of Netflix all came from Hanhua’s financing.
The cash on Facebook's account is still there, but it may not be enough for a long time, but it can still support the company's operations for three or four months.
If you budget carefully, half a year won't be a problem.
By then, his battle with old Soros would have been over.
If successful.
Goldman Sachs, Citigroup, and JP Morgan are not fools and will definitely increase their bids.
Everything will be solved by then.
"That's what I thought. ... Honey, don't worry. I'll take care of Facebook, and you can just deal with Soros, Ellison and those villains.
When we win, I'll make you happy."
"Then I'll wait."
The two chatted briefly and hung up the phone.
But bad news is still coming.
Veolia Group's water treatment business in 16 states in the United States sounded the alarm at the same time, and local residents sued them for polluting water sources and demanded huge compensation.
Manchester United's new stadium plan was besieged by environmental organizations and could not be started normally.
Vivendi Group's headquarters building was surrounded, and the crowd of demonstrators held up various signs asking Xu Liang to get out.
In just three days, most of Xu Liang's companies encountered trouble.
Although these troubles are not fatal, they take time and energy to deal with, which is extremely annoying.
Xu Liang gradually came to his senses.
Understand the plan of old Soros.
Usually, it is difficult for companies involved in lawsuits to get loans or financing.
Without the ability to get loans and financing, he can't get enough funds to deal with the dragon-slaying plan.
I have to say, this move is really powerful.
It also taught him a lesson.
——
"Boss, we are here."
The secretary's words awakened Blankfein who was lost in thought.
Looking at the Morgan Club covered by lights outside, he pushed open the door and walked in.
He has been here many times and is familiar with the place.
As soon as he entered the hall.
He saw an old man in a wheelchair being pushed up, and beside him were James Gorman, CEO of JP Morgan, and Pandit, CEO of Citigroup.
"Mr. Blankfein, welcome."
Old Soros, who was sitting in a wheelchair, had already extended his right hand three or four meters away.
His words were warm and sincere, making people feel like spring breeze and goodwill.
Blankfein stepped forward quickly, shook the other's right hand, and looked humble.
"It is my honor to receive an invitation from Mr. Soros."
"Lloyd, I told Mr. Soros that you would definitely come. It seems that I was right." Gorman smiled and gave him a hug.
"Mr. Soros is the financial genius I admire most. Of course I have to come if he invites me."
After complimenting him, he greeted Pandit next to him.
We are both in Wall Street. Although we have rarely met, we are not strangers.
We came to the top-level box in the club while chatting and laughing.
After everyone sat down as host and guest, the waiters began to serve the dishes.
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