Chapter 793
Vol 2 Chapter 758: Goldman’S Turnaround
Chapter 758 Goldman’s Transformation
…
Pym Restaurant on Fifth Avenue is a three-star Michelin French restaurant favored by the wealthy around. The signature dishes “Matsutake Foie Gras” and “Scallops” are almost every diners’ must-order boutique dishes.
“I prefer the red wine beef and duck confit to the signature dishes.” Blankfein laughed.
“Meat is the eternal pursuit of mankind!”
After nodding in agreement, “Charles, what is your pursuit?”
Looking at the other party’s scrutinizing eyes, Charles Prince said calmly, “I don’t quite understand what you mean?”
Blankfein smiled lightly, “Among the people involved in this plan, the Schiff family is due to some personal grievances in the family, plus their coveting of Bruce Guo’s assets. Citigroup is to consolidate itself as the world’s largest financial consortium. Although the Dutch ing group is involved, they are used to seeing the wind and taking advantage of the situation, and if there is a risk, they will be the first to withdraw.”
“…Chevron wants Unocal’s oil and gas reserves in the U.S. and Asia, instantly reducing a strong competitor; Halliburton Energy wants Iraq’s Majinu oil field, which was almost eaten by Bruce Guo; Comscat intends to acquire Matrix, Enrich its own content; GE wants to make money and Pacific Energy Group to expand its business in the power industry, as well as in the utilities sector.”
“…Richard Bruce Cheney, if he wasn’t the former CEO of Halliburton Energy, plus we gave him enough money, I’m afraid he wouldn’t have joined. Barclays Capital, like Holland Group, is A hyena who just wants to take advantage and will be the first to escape in a crisis.”
After a pause, “Charles, what role does Bear Stearns plan to play in this operation?”
“Blank, you seem to have missed the Goldman Sachs you represent!”
“Goldman Sachs is a lion, we eat meat.” Blankfein laughed.
Charles Prince’s eyes moved slightly, and his right hand holding the knife lifted up, piercing the steak on his plate.
“We at Bear Stearns also intend to eat meat, and we also intend to eat the fattest piece.”
“There is a lot of meat on a cow, but not everyone can eat the top steak.” Blankfein said.
“If we can’t satisfy everyone, I’m afraid there will be no such action next time. Therefore, the powerful people should also estimate the needs of other members. What’s more, we are the most powerful and can eat steak. .”
The two looked at each other and suddenly laughed at the same time.
“Blank, our opponent is not a cow, but a tiger with long teeth. It is not so easy to deal with.”
“So what, shorting LinkedIn has already made us a fortune, although it’s not too much. But Joyo.com, led by Tim George, is doing well. When it goes public, we will gain even more. Therefore, Even if we have nothing else to gain from now on, it is not a loss for Goldman Sachs to participate this time.”
After Charles Prince nodded slightly, “It seems that you are not optimistic about the subsequent actions?”
“Bruce Guo is not so easy to deal with. The reason why we succeeded in the past was that we caught him off guard. Now that we are moving from a dark place to a bright place, it is almost impossible to repeat the story. As for the alleged merger of Phoenix and Merrill Lynch Monopoly, if I get the news right, it’s unlikely.”
“Blank, it seems you know a lot?” Charles Prince’s eyes flashed.
“With Bear Stearns’ information channels, if you want to know, it’s not difficult.”
“But I prefer to satisfy my curiosity now!”
“Well, for the sake of our friends and allies. . . . From what I’ve heard. Bruce Kuo has prepared me for a wide-ranging round of financing for his new company. And this round of financing includes Roosevelt, Morgan, Kennedy, Bush. , Blackstone, Carlyle, Royal Bank of Scotland, the Forto family, and maybe more. But that’s all I know so far. But it’s amazing enough. If Bruce Guo actually pulls these people into the new company’s shareholder list , then our alliance not only has no advantage over these people, but has obvious disadvantages. The so-called ‘monopoly’ will become a joke.”
Charles Prince was silent for a long time before slowly asking, “In that case, is Goldman Sachs going to bet on both sides?”
“No, we’ll only bet on the side with the better odds!”
“So in Goldman’s view, which side has the better chance of winning?”
“It looks like we are still on our side!”
“Really?” Charles Prince showed a mocking smile on his face. “Blank, if you tell me this, you won’t be afraid that I will tell Citi and the Schiff family?”
“Afraid?” Blankfein shook his head, “Goldman Sachs doesn’t need to be afraid of anything. And for this alliance, we have already made our own contributions, and we don’t need to feel guilty, let alone be afraid. And, Charles, you really don’t need to be afraid. Will you speak?”
Charles Prince shook his head.
“I don’t want to end up without a friend by my side. But I’m curious, why are you telling me this? Instead of ing or Barclays?”
“I trust you more than them!”
“I need to say ‘thank you’.”
“No need to thank Xie. If you think it is necessary, we can go to Bruce Guo together. The new company after the merger of Phoenix and Merrill will undoubtedly be the new favorite of the capital market. If we can get the original shares, then It will definitely make a lot of money in the future.”
Charles Prince took a sip of the coffee on the table, “So what are you going to do with Schiff and Citi? It’s good to bet on both sides, but if you want to get the most benefit, unless the other side is stupid enough to die. But whether it’s Bruce Guo, Citi or Schiff, none of them are stupid.”
“Of course it’s not advisable to bet on both sides. But wouldn’t it be good to keep the option? At least you have the chance to choose the winner at the last minute.”
“I need to think about this.” Charles Prince said after a long silence.
Although the golden battle in 2001 made him leave Citigroup. But strictly speaking, there is no personal grudge between him and Guo Shouyun, it is just for profit. If the fall to Bruce Guo can get more benefits for himself, he will not hesitate to betray the alliance between Schiff and his old club.
The phrase ‘people do not kill themselves for their own sake’ is the truth that has been regarded as a standard on Wall Street for hundreds of years!
“Of course. But you have to make your decision early. Otherwise, the news spreads, and Bear Stearns may not even have a chance to drink soup.”
Charles Prince nodded, and after dinner, he left with a heavy heart.
Blankfein watched him go away, and after pondering for a while, he took out his mobile phone from his pocket to find Guo Shouyun’s number and dialed it.
“Blank, I hope this call should be good news.”
“If it wasn’t good news, I wouldn’t bother you now!”
“Oh?”
“I had dinner with Charles Prince at Bear Stearns in the evening. I wanted to pull him into our league.”
“Did he agree?”
“Not yet. But when the news of Phoenix Merrill’s financing comes out, I think he will lean towards us.” Blankfein affirmed.
“That’s really good news. Blank, it looks like it was the right decision to pull you in. … But I heard that you had a meeting this morning at the Schiff family’s private clubhouse? William Schiff they have Didn’t come up with any new tricks against me?”
“Bruce, your source of information is amazing!”
“Thank you for your admiration. But you still got ripped off!”
“The Schiffs have been planning for a few years, and if they can’t even get LinkedIn, they won’t be around for a century. But Goldman Sachs doesn’t make much money shorting LinkedIn.”
“I don’t care about the past.” Guo Shouyun is very clear that it is in his best interest to focus on the big and let go of the small. Compared to LinkedIn, the merger of Merrill Lynch and Phoenix is a big deal now.
“…Tell me about today’s meeting?”
Blankfein responded and said, “They’re going to go to Connery, the wife of Treasury Secretary John Snow, who is a member of the U.S. Federal Trade Commission.”
“It’s still the same old ‘monopoly’.” Guo Shouyun said disdainfully.
“There’s no better way for them than this. But Bruce, if the Phoenix-Merrill Lynch merger does go to Congress, it’s going to get complicated. How sure are you of winning?”
“Although it is not 100%, there is still a 70% certainty.”
Blankfein nodded, “The Thunder Fund has made so much money for them over the years. They really won’t refuse this request.”
Guo Shouyun smiled, “Blank, since you are so confident, why don’t you tell me the information I need?”
“Bruce, remember that the deal between us was Goldman Sachs taking a stake in Phoenix Merrill, and it’s not yet time.”
“You guy’s mouth is as strict as ever.” Guo Shouyun said.
“This is my advantage!” After a pause, “Schiff and Citi are ready to start, how are you going to deal with it?”
“When soldiers come, they will block water and cover with soil~www.readwn.com~ There is always a way to deal with it.”
Guo Shouyun nodded, “If possible, Bear Stearns will trouble you.”
“Okay! … Bruce, there’s something I think you should consider?”
“What’s up?”
“You should know that in the Schiff and Citi camp there are also industrial companies like Conscat, General Electric, Chevron, Halliburton Energy, etc. I think if it is possible, you give up some interests and pull them into our camp , it will be more beneficial to Phoenix Merrill Lynch, or even Schiff and Citigroup in the future.”
“Thank you Blank, I will seriously consider this matter!”
“That’s good! … That’s all I have to say. If I have nothing to do, I will hang up first.”
“Okay, bye!”
“goodbye!”
Hanging up the phone, Guo Shouyun threw away his phone, and suddenly smiled: “This is really a bit of a surprise! But it’s good news at last.”
As for Blankfein’s proposed compromises with Conscart, General Electric, Chevron, and Halliburton Energy, he threw it out of his mind after hearing it. He’s not a virgin bitch, and he’s been beaten by others and often shows his favor. In fact, he wouldn’t even forgive Goldman Sachs if he hadn’t tried to find out the whistleblower around him!
Of course, bringing Goldman Sachs to Phoenix Merrill Lynch’s board is also a pitfall. It just takes two or three years to see the power.
“When the time comes, let you return the double what you ate from me.”