Reborn Capital Madman
Chapter 1257 Take the hot money and do things obediently
Chapter 1257: After taking the hot money, everyone behaves obediently
Author: Jie Zuo
Chapter 1257: After taking the hot money, everyone behaves obediently
Soros, who has outstanding performance in financial investment and is active and sensitive in political advocacy, has been dubbed the unprecedented title - "the man who bankrupted the Bank of England". After entering the public eye, the effect of attracting firepower is excellent.
For example, from the perspective of pressure from the incompetence of the British government, according to Soros's explanation of his logic of shorting the pound in front of the media, the Metier cabinet has a more honorable excuse for failure.
At the end of former Prime Minister Margaret Thatcher's administration in 1990, the interest rate cost of the pound joining the European Exchange Rate Mechanism was high, roughly equivalent to three times the interest rate cost of the Deutsche Mark joining the European Exchange Rate Mechanism.
Shortly after the pound joined the European Exchange Rate Mechanism, the economic crisis of the major capitalist markets hit in the early 1990s, and the pressure on British interest rates increased.
Under such circumstances, the pound was attacked and finally had to withdraw from the European Exchange Rate Mechanism and start implementing an independent monetary policy. This is new. The right decision should be taken at the right time. If we insist on accountability, we must also consider history.
In short, the restlessness caused by the pound crisis calmed down step by step in a way that cannot be logically self-consistent.
President Gao Xiangao, who had already had a glimpse of the mystery, would not be led around. He was paying attention to another phenomenon.
I don’t care whether veteran financial masters like the UK need sympathy when they make a mistake. Moreover, their skinny camels are bigger than horses. They still belong to the old circle of the strong. It is not certain whether they care about the sympathy of the weak outside the circle.
On the contrary, Soros has been successfully packaged as an idol, and the principles of peace of mind established by his followers. Using this attack on the pound as an example is that the pound itself has loopholes, and it is the pound's responsibility to be attacked, which is quite intriguing.
In the law of the jungle, this kind of idol logic and the crime of holding a jade deserve to be robbed. How much philosophical similarity there is, those who are willing to explore will naturally explore it. Anyway, Gao Xian saw it. Next, emerging but still weak, such as affirmation
Asian economies that do not have well-established British mechanisms will fall prey to financial capital and there will be no moral pressure.
Of course, there is still buffer time for the next thing, and Gao Xian can continue to deploy it step by step; just watch the show to see how the sensitive "man who bankrupted the Bank of England" shines.
The business at hand is the turn of the current main management of the New Hui Feng Bank Group - the Scots group represented by the chairman of the board of directors of the New Hui Feng Bank Group, Mr. Pu Weishi, to truly admire them, and the New Hui Feng Bank Group's acquisition of the British Rice Bank.
Tranbank has taken the final major steps.
"Have all your troubles been solved?" Pu Wei Shi, who had already settled down before Gao Xian left London, naturally wanted to practice it. Gao Xian looked at it openly, including Pu Wei Shi
A series of original documents signed by Scottish executives, knowingly asking, but still confirming necessary.
Puweishi glanced at the documents with the nature of "incriminating evidence". Some of them were related to wiping their insider trading, and some were proof of receiving hot profits from successfully sniping the pound. Of course, the official title was, executives
Busy acquisition of British Midland Bank rewards.
These compiled documents, when placed in the hands of President Gao Xiangao, can be said to have the proper meaning in the title. Pu Weishi and the gang of ghosts have indeed no choice but to completely surrender, but practical checks and balances cannot be missing.
"The US$1 billion that was misappropriated before has been returned; plus another US$1 billion raised from the US capital market, as well as the US$1.3 billion, and US$3.5 billion financed by Hui Fung Bank, the privatization
All the funds needed by the Mitlan Bank have been secured." Pu Weishi replied with relief.
"We have accepted the high premium part of the acquisition and the up-and-down management part. Let's not make any more mistakes." President Gao said calmly: "By the way, Wen Zhiqiang has been away from Standard Chartered Bank for a while due to vacation, so why not just
Join Huifeng as an executive director and help you."
"Welcome." Pu Weishi agreed happily. Sir Gao gave himself too much face. He even tried to find a joke reason why he couldn't return to his original unit after taking a vacation. Now that he has become one with each other, how could he reject this kind of thing?
What about personnel arrangements?
"Then work with Pierce of Midland Bank to quickly handle the finishing work. Judging from the direction of the stock market in Hong Kong, a new wave of economic upturn has indeed arrived, so you should free up your energy to get on board as soon as possible." Gao Xianbao
He waved his hand and asked Pu Wei Shi to do things quickly.
…
Since Wen Zhiqiang has officially joined Huifeng according to President Gao's will, it is natural that when Puisi handles important matters, such as meetings with Pierce, who is in charge of Midland Bank, Wen Zhiqiang must be present.
The process of the New Wellington Bank Group's acquisition of the British Bank of Midland has now reached the final stage of a comprehensive acquisition by spending a lot of money. Although the troublemaker at Lloyds Bank is still stubborn, he is actually out of the game.
Because only judging from the most straightforward point in the complex acquisition plan - the quotation, Lloyds Bank has lost its attraction. The combination of stock exchange and thirty pence payment has only reached 450 pence.
Seven pence per share, but the New Wellington Bank Group strategically raised its offer step by step, or paid in cash or bonds, eventually exceeding 490 pence per share, which Lloyds Bank could not afford.
There are also intangible and more important political factors at play. Lloyds Bank and Midland Bank are both the four major clearing banks in the UK. Naturally, there are many overlapping parts, including business and branches. Therefore, Lloyds Bank
It was mentioned in the acquisition plan that the successful acquisition of Midland
After the bank is closed, it will lay off 20,000 people and close a thousand branches. It is not difficult to imagine how forces, including labor unions, will react. Don’t forget that the major capitalist economic crisis in the early 1990s has not yet fully emerged in the UK.
At the end of the day, who among the middle-level and grassroots employees is not afraid of losing their jobs?
In this case, the combined market share of Lloyds Bank and Midland Bank exceeds one-third, and the monopoly issues involved are even more prominent.
On the other hand, the new Hui Feng Bank Group, although the old Hui Feng Bank Group ran away with its money and the plan to relocate from Hong Kong to London went bankrupt, the current structure has been sorted out clearly, so that even the most difficult 1997 issues
, have all been solved in ways that at least appear reasonable on the surface.
Pierce said in an affirmative tone: "There is no resistance now, including from the government."
"Fortunately, I made a lot of money from the pound interest rate. Otherwise, it would be really painful to satisfy your appetite so quickly. Since you have taken the hot money, just do your best!" Wen Zhiqiang sneered secretly and went straight to the core of the problem.
, Bank of Midland's share size is nearly 800 million shares. How many shares have accepted the latest acquisition plan?
Pierce turned over the document in front of him and said, "Judging from the latest statistics, the number of shares accepted for the latest acquisition plan has reached approximately 430 million shares."
Pu Weishi's eyes lit up. Hui Feng and Gao Yi, who were actually acting in concert, already had about 20 million shares. Calculating this, it should be more than 75%, so it wouldn't be
There is a variable of raising the price again, and there is no suspense about privatizing Bank of America.
(End of chapter)
You'll Also Like
-
Others control beasts, I control monsters
Chapter 334 12 hours ago -
I'm picking up rags in the survival game
Chapter 1804 12 hours ago -
On the occasion of rebirth Zhou Sui
Chapter 625 12 hours ago -
In the era of mythology, I evolved into a star-level beast
Chapter 377 12 hours ago -
Siheyuan starts from a better life
Chapter 340 12 hours ago -
Global humanity shrinks
Chapter 185 12 hours ago -
The Boss of Yan's Family in Siheyuan
Chapter 179 12 hours ago -
Cultivate the Great Sun Demon Flower at the beginning of the game and get Retinazer
Chapter 271 12 hours ago -
Farming in the last days: I rely on space to store millions of goods
Chapter 144 12 hours ago -
Soul of Chess: At the beginning of the game, I bought the chessboard from Shi Guang's family
Chapter 205 12 hours ago