Rebirth of England.

It was only when Barron sent personnel to negotiate with the Volkswagen Group on the acquisition of Bentley that he finally understood what Perred was thinking...

It turned out that the other party proposed to Barron and the others that their Dresden factory in Germany would be sold as part of Bentley.

Well, this is very interesting. He really regarded his purchase this time as a good opportunity to "get rid of the burden". While selling Bentley to himself, he also asked himself to help him solve part of the Volkswagen Group's problems. German employees.

And the Dresden factory, although relatively speaking, is a relatively "young" factory - this factory was built by Pered's predecessor Piech specifically for Volkswagen's high-end model "Phaeton".

The "Phaeton" is a luxury car that doesn't look like a luxury car at all, and its popularity is not low. However, from its launch to the present, the sales volume has not been ideal. It seems that Biruide is also planning to use the "Phaeton" to start with. According to the original time and space, the Phaeton It can still last for a few years before it is discontinued.

But one thing they were right about is that the Dresden factory is indeed responsible for manufacturing some Bentley models. This is probably why they can justifiably ask Barron to buy the Dresden factory as part of Bentley.

So far, Bentley has a total of three production plants, namely Cricklewood Factory, Crewe Factory and Dresden Factory.

When Bentley was first established, their car manufacturing plant was the Cricklewood plant in England. However, after Bentley was acquired by Rolls-Royce, their car production was transferred to the Crewe plant, and the Cricklewood plant was Sold.

Then Rolls-Royce-Bentley, including the Crewe factory, was acquired by the Volkswagen Group. After they had no choice but to give Rolls-Royce to BMW in 2003, Bentley and the Crewe factory both stayed with the Volkswagen Group.

Although the salary of German auto workers can be said to be the highest in the world, it would not hurt to actually buy the Dresden factory. After all, Bentley, as a luxury car brand, is not too sensitive in terms of cost.

It's okay to help Peride solve the problem, but other conditions need to be carefully discussed, including the supply of some key components such as engines after the acquisition.

The original Rolls-Royce-Bentley used Rolls-Royce automobile engines. In fact, Rolls-Royce and Rolls-Royce are the same word in English, but the translation is different. Rolls-Royce originally manufactured engines. , and later split into two companies: Rolls-Royce Automotive Engine and Rolls-Royce Aero Engine.

After Volkswagen acquired Bentley, so far, Bentley has used engines provided by Volkswagen and Audi. If Barron acquires Bentley in the future, the supply of engines will also need to reach an agreement with the Volkswagen Group.

He doesn't want to be stuck in the supply of engines and other parts like Volkswagen's acquisition of Rolls-Royce.

……

In the United States, Phelan O'Neill finally completed the acquisition of fund companies. He acquired two fund companies, both of which managed assets of less than US$3000 million.

One of the small fund companies called Black Swan Fund (Cornwall Capital), which was just established last year and currently has only three members, was named by Barron to acquire because this fund company, as a prototype, appeared in a later movie. In a movie called "The Big Short" based on the subprime mortgage crisis.

In the original time and space, the Black Swan Fund had only US$2005 when it was established in 11. In 2007, it had increased to US$3 million, and after the subprime mortgage crisis in 2008, it soared to US$1 million. It is also one of the beneficiaries of the subprime mortgage crisis.

After merging the personnel of these two small fund companies, they will still be named Black Swan Fund, and then they will prepare for the subprime mortgage crisis.

In fact, if they are short-selling, they still have a lot of time, because like John Paulson, he started shorting CDO bonds soon after, but suffered heavy losses in the early days, because until the end of 2006, CDOs continued to Amid the rise, it can be said that if the subprime crisis came later, John Paulson would definitely go bankrupt.

But before that, Black Swan Fund can still follow the situation and invest in a wave of American real estate-related companies and subprime loan bonds. Throughout 2006, the rise of these assets can be called a raging fire. .

As is usually said, the landmark event of the subprime mortgage crisis was that New Century Financial Corporation, the second largest subprime mortgage company in the United States, declared bankruptcy in 2007. However, before this company went bankrupt, from now on, its stock price There is also a considerable increase, and you can also get huge profits by investing in it.

And if you are bolder and directly deleverage and speculate on subprime loan bonds and CDO bonds, the profits you can make will be even more astonishing. Of course, you must be careful and start shorting before the subprime mortgage crisis.

Of course, after the Black Swan Fund acquired the two funds and merged them, the main task in a short period of time was to complete the integration under the leadership of Phelan O'Neill and start raising funds - the funds they had managed before. The scale is not large, and a considerable part of it has been liquidated after the acquisition.

The main funds currently managed by the Black Swan Fund come from two "American investment companies", namely IC Capital and Blue Valley Capital. These two investment companies each invested US$5000 million in the Black Swan Fund and began to build initial positions.

……

"The scenery here is indeed nice, my dear."

"Well, having an island here is indeed a good place for vacation."

After watching the World Cup and leaving Germany, Barron took Bonnie to Italy with him.

Where they are now is Lake Maggiore, the second largest lake in Italy.

Above Lake Maggiore, there are several small islands called the Borromeo Islands - these islands all belong to the Borromeo family, an Italian aristocratic family with a history of six hundred years.

Due to their respective jobs, Barron and his wife Bonnie didn't have many opportunities to go out and play together. Even their honeymoon trip after they got married last year only lasted less than ten days. After that, Barron Because Ni was pregnant, they only went to Australia together for two months.

Now that their son is being taken care of by maids at home, Barron is also prepared to play with Bonnie for a while before going back if there is a rare opportunity.

And this time they came to Italy, they were also invited by the Borromeo family. During the World Cup in Germany, through Abramovich's introduction, Barron met some famous European families, including members of the Borromeo family. When the other party learned that Barron and Bonnie were going to travel to Italy next, they invited the couple to Lake Maggiore, the seat of the Borromeo family.