Chapter 91
Chapter 89: Alliance
Chapter 89 Alliance
…
“…Actually, we are shorting Enron on a large scale for four reasons. First, in January 2000, Enron CEO Kenneth and COO Geoffrey Jilin announced to analysts that Enron’s high-speed optical fiber network was formed. It became the backbone of the Internet, benefiting from the popularity of Internet stocks, and Enron’s stock price soared. But the Nasdaq crisis destroyed everything, the price of optical fiber plummeted, and only 5% of Enron’s 4,000-mile optical fiber network was profitable. But Enron concealed this fact.”
“Second, in 1998, Enron invested nearly $3 billion in the UK ‘Wessex Water Company’. Unfortunately, the UK water regulator asked Wessex to cut its interest rate to 12% in April 2000, And upgrade its aging facilities, which cost $1 billion. At the same time, Wessex Water’s net profit is less than $100 million, and its debt is as high as $2 billion. I think Jia Mr Mison understands better than I do that it may not be long before we hear the news of its bankruptcy.”
“Third, in December 1993, Enron signed a 20-year power purchase contract with the Maharashtra State Electricity Authority, India, which allowed Enron to invest $20 billion in the state to build a 2,015-megawatt power plant. A giant power plant. Unfortunately, after the Congress party resigned in 1995, the Indian government assessed that this power project was too expensive, and stopped purchasing power from the power plant and stopped construction. Until now, four years later, the project has not been restored. Enron is here Losses on one project exceed $3.5 billion.”
“Fourth, from the beginning of the year to the present, includes Enron Chairman and Chief Executive Officer Kenneth, President and Chief Operating Officer Jeffrey Gilling, Chief Financial Officer Andrew Fastow, Chief Accounting Officer Richard Cowes More than a dozen senior executives of Enron, including a total of 21.857 million shares of Enron, have reduced their holdings of Enron shares and made a profit of more than 1.5 billion US dollars. If Enron is really as healthy as they say, and the future is bright, all the management will not At the same time, reduce their holdings. Unless they are fools and idiots, how can they pass up the opportunity to make money?”
“In addition to the above four points, Enron has suffered significant losses in more than a dozen investments such as Argentina’s water affairs and California’s natural gas distribution business. The reason why they have not been paid attention to now is not that no one has paid attention, but that they have been covered up in Enron. Under one packaged M&A project after another. ****, Bank of America provided loans, and Arthur Andersen, the top five international law firms, covered their revenue losses for them, and Enron’s balance sheet was always in a profitable state. But’ Paper can’t hold fire after all. With the accumulation of Enron’s debt, the Ponzi scheme will eventually fail to circulate. Once it is exposed, Enron’s existence depends on its luck!”
Guo Shouyun glanced at John Jamison, who was shocked, and took a steady sip from the teacup.
After taking a deep breath and suppressing the shock in his heart, many years of work experience made John Jamison quickly stabilize his mind. After straightening his thoughts, he stared solemnly at the young man opposite the old man, as a senior partner of Goldman Sachs. Man, of course he is not ignorant of Enron’s losses, but which company does not suffer losses? As long as the losses are within a reasonable range, no one cares. This is how An Ran felt before.
But if everything Guo Shouyun said just now is true, then there is no doubt that Enron’s losses have reached the point of endangering the company’s survival!
“Mr. Guo, what you said just now was based on a rigorous adjustment? I’m sorry, I know it’s a bit rude to ask, but it’s too sensational and too important!” John Jamison said solemnly.
“It doesn’t matter! I can understand Mr. Jamison’s mood at the moment. Put yourself in my shoes, if I change my position in Mr. Jamison, I’m afraid I will also ask the source of the news.” After a pause, he looked at the middle-aged staring at him in front of him. Man, Guo Shouyun continued with a smile, “Actually, Goldman Sachs’ ability to collect business intelligence far exceeds mine. As a senior partner of Goldman Sachs, Mr. Jamison can understand what I just said as long as he uses his resources to investigate. The news is true or false.”
After some thought, John Jamison nodded. As one of the top five investment banks on Wall Street, although Goldman Sachs’ market value still lags behind Morgan Stanley and Merrill Lynch, its ability to collect business intelligence is definitely better than that of most financial institutions.
“Mr. Guo, I’m glad you can tell me this frankly!” John Jamison said sincerely.
After smiling and nodding, Guo Shouyun’s eyes flashed.
“Mr. Jamison, our Phoenix has launched an asset management plan for individuals. I wonder if Mr. Jamison is interested in investing some money in it?”
“Oh?” John Jamison continued with interest, “Can I know where it invests?”
“The field is not fixed, it may be the stock market, it may be futures, it may be the bond market. We are after high profits.”
“I don’t have much money in my hand right now, so let’s invest $1 million!” John Jamison said after a little thought.
There is a saying that ‘returning a peach to a plum’, this investment is a return for the Enron information provided by Guo Shouyun just now. As for whether the other party will lie to him? John Jamison still didn’t believe Guo Shouyun would be so unwise. As I said before, with Goldman Sachs’ ability, with just a little investigation, we can find out whether these news are true or false.
“Don’t Mr. Jamison ask about the fees for this asset management plan?”
“When Mr. Guo told me about Enron just now, didn’t he ask for any legal guarantee?”
“So we can be regarded as getting what we need!” Guo Shouyun said with a smile.
“No, I actually made a bargain!”
Everyone is smart. If John Jamison confirms that there is indeed a major financial scandal in Enron, with his financial power, the huge profit from shorting this energy giant is far more than $1 million. Too much too many!
“Mr. Guo, I’m very puzzled. Why did you tell me these important news? Even out of politeness, you can make up a reason to prevaricate it.” After looking at Guo Shouyun, John Jamison said condensedly.
“Actually, this question is not difficult to answer. Enron and its allies are too many, whether it is the CCP, Arthur Andersen, Bank of America, or Enron itself has far more influence in the US financial community. Talk to them. I also need some reliable allies. Mr. Jamison and Goldman Sachs are the best and most realistic choices!” Guo Shouyun said bluntly.
“Looks like I’m in a good time!?”
“good!”
After John Jamison nodded, “But I remember that when answering the question at the beginning, Mr. Guo seemed to emphasize the separation of me from Goldman Sachs?”
“That’s right! If I don’t distinguish, then the person I answer is you representing Goldman Sachs. In this way, I get the goodwill of Goldman Sachs. But Goldman Sachs is just an institution composed of countless people, and the institution itself has no feelings. , and although the people in the agency will cooperate with me, they will never become friends with me. But Mr. Jamison is different! It is like fraternity and special affection, the result of fraternity is destined to be lonely, but special affection You can often gain family and friendship!”
“It’s a wonderful metaphor, and Mr. Guo is also very candid. I’d like to be your friend!”
Looking at John Jamison’s right hand, Guo Shouyun handed over his right hand with a smile on his face.
“Then can I call you John?”
“Of course. But I need a different name too!”
Guo Shouyun smiled and nodded, “Just call me Bruce, my friends call me that!”
“OK, Bruce. You know that the reason why I asked you to meet today is that Enron’s incident was originally just an incidental, and the most important thing is that Goldman Sachs wants to cooperate with you!”
“Cooperation?”
“Not bad! Goldman Sachs wants to issue an ABS asset-backed security for your later book!”
After being stunned for a moment, Guo Shouyun asked curiously, “I have no plans to issue a second asset-backed securities now. Why did you find me?”
“It’s just profit-driven. Your five novels such as “Pirates of the Caribbean” and “Fantastic Beasts and Where to Find Them” sell an average of more than 3.5 million copies per month. If the international box office ~www.readwn.com~ will definitely exceed 200 million US dollars. In addition to the film and television peripherals, you can get a total revenue of 400 million. In the history of Hollywood movies, this is second only to “Blair The Witch”. ratio.”
“…Because of this, the ABS asset-backed securities issued through these five books are extremely popular in the bond market, and the price has risen by 15% on the basis of the issue price. Merrill has made a lot of money on this. As a peer Goldman Sachs naturally wants to step in. It happens that the sales of “Fast and Furious”, “The Hangover” and “Finding Nemo” are not as good as “Pirates of the Caribbean”, “Fifty Shades of Grey” and “Fantastic Beasts and Where to Find Them” “, but it is also a super bestseller with monthly sales of nearly one million, and investors will definitely buy it.”
“So it is!” Suddenly nodded, Guo Shouyun thought for a while, then shook his head slightly, “I’m sorry, John. I don’t reject the issuance of the second ABS asset-backed securities, but now is not the time!”
“why?”
“Because I want more! Three books can’t support what I want!” Guo Shouyun said calmly.
Looking at his deep eyes and the naked ambition in his words, John Jamison did not agree. As a practitioner in the financial industry, he admires guys who are ambitious and capable at the same time, and only such people can step into the upper echelons of Wall Street and even American society.
“Do I understand that when you’ve written four, five, or more, a second ABS will be issued?”
“Not bad!” Guo Shouyun nodded without concealment.
“Then can I book this opportunity in advance now?” John Jamison’s eyes flickered.
“If it was someone else at Goldman Sachs, I would definitely refuse. But since it’s you, John, I will promise to give Goldman Sachs priority under the same conditions!”