They are all reborn, and the grandson is still a spare tire

Saturday morning.

After breakfast, Yao Yuan took Jiang Meihui away from Mid-Levels and took a car to the Bank of China Building.

When they arrived at the company, Zhou Chaoyang and Li Shan were already prepared and had debugged the relevant equipment for the video call.

Seeing that there was still some time, Yao Yuan called Vice President Wang who was far away in Beijing to discuss the content of the video conference with the US side.

Just as he was making the call, Mr. Ren from the Monetary Authority of Singapore rushed to the company with two financial advisors.

The protagonists of today's video conference are Yao Yuan and Jiuye Investment Group, as well as the two top investment banks from the United States, Goldman Sachs and Morgan Stanley.

Vice President Wang represented the Mainland financial authorities, and President Ren represented the Hong Kong financial authorities, and attended and witnessed the meeting.

The more important purpose is to exert certain pressure on the US to prevent it from playing any shady tricks.

As we were talking, it was already eight o'clock in the morning.

Time for the video conference is up.

Zhou Chaoyang first called the US side to confirm.

Upon learning that the US representatives were ready, he immediately asked the technicians to establish a video conference connection and record the entire meeting process for archiving.

In a moment, the US representatives and Vice President Wang and others appeared on the projection screen in the conference room, displayed in split screens.

The US representatives who participated in this meeting were US Treasury Secretary Paulson, SEC Chairman Cox, Goldman Sachs CEO Lloyd, Morgan Stanley CEO John and others, all of whom are well-known financial tycoons.

On the Chinese side, there were Yao Yuan and several senior executives of Jiuye Investment Group headed by General Manager Zhou, Jiang Meihui, and official representatives including Vice President Wang and General Manager Ren.

Some heavyweights in Beijing were also following the talks but did not appear in the video call.

After the video was connected, everyone waved and greeted each other and exchanged a few polite words.

But the US side was in a hurry and had no time for leisurely chatting.

After some small talk, Paulson took the initiative to bring the conversation to the point.

"Mr. Yao, the purpose of today's video conference is to strengthen cooperation between the financial sectors of China and the United States and jointly respond to this menacing global financial crisis."

"We basically agree with your previous statement that the global financial crisis has already broken out and that the landmark event was the bankruptcy of Lehman Brothers Bank."

"A week has passed, and the financial crisis has intensified. It has the tendency to rapidly sweep across the world. Various troubles are coming one after another. No one wants to see such a situation."

"So we hope that China and the United States can carry out in-depth cooperation to jointly cope with this financial crisis. In particular, we hope that Jiuye Investment can play an important and constructive role."

Although Yao Yuan could understand every word Paulson said, he could also give answers in fluent English.

But he still put on a smile, pretended to listen attentively, and did not respond immediately.

After Jiang Meihui finished translating, he thought for a moment, then smiled and said:

"Mr. Minister, I agree with you very much. Only through concerted efforts of governments and financial institutions can we better cope with this global financial crisis and minimize the harm it brings."

"Based on this purpose, with the permission of China's financial regulatory authorities, our Jiuye Investment Group is very happy to cooperate with all parties to jointly cope with this financial crisis, which naturally includes cooperation with Wall Street."

"As far as I know, the violent turbulence in the international financial market last night had a lot to do with the two famous top investment banks, Goldman Sachs and Morgan Stanley. This is why we are having this cross-ocean video conference today."

"Mr. Lloyd, Mr. John, am I right? In that case, let's be frank. Jiuye Investment Group is very happy to cooperate with Goldman Sachs and Morgan Stanley, but we can discuss the specific details of the cooperation together."

His straightforward negotiating style surprised Paulson and others to some extent, but also made them quite happy.

This way, they don't have to play around in circles and can just come clean and negotiate terms.

However, the two CEOs of Goldman Sachs and Morgan Stanley, who were directly named by Yao Yuan, looked somewhat embarrassed.

Given Goldman Sachs and Morgan Stanley's supreme status in the international investment banking field, they have never encountered such a situation before, and they actually came to seek help from a new generation investment bank located in Hong Kong Island.

Of course, the strength of this new generation investment bank is beyond doubt, enough to rank among the top three in the world. It is incredibly rich, and its profitability is incredibly amazing.

Whether it is Goldman Sachs or Morgan Stanley, they all dream of swallowing up Jiuye Investment Group in one bite and eating it till their mouths are full of oil!

What a pity, this is nothing but their wishful thinking!

After all, they are old foxes who have been active in the international financial market for decades. Lloyd and John quickly adjusted their emotions.

The next moment, Lloyd smiled and nodded and said:

"We are all professionals in the field of international finance. Let's not beat around the bush. We at Goldman Sachs have indeed encountered some troubles in the past two days."

"You probably know what these problems are. We want to introduce strategic investors to start in-depth cooperation with Jiuye Investment Group."

"We can sell part of our equity in exchange for a strategic investment from Jiuye Investment. I hope our two investment banks can go a step further and exchange equity and cross-hold shares..."

Next, he gave a detailed introduction to the plan to introduce Jiuye Investment Group as a strategic investor and gave the proportion and quotation of the transferable shares.

There are also rights corresponding to this part of the equity, such as voting rights and dividend rights, etc.

He only mentioned Goldman Sachs' current troubles in passing.

After he finished his introduction, Yao Yuan just smiled and nodded, without giving an immediate response.

Next, the CEO of Morgan Stanley took over and began to introduce their situation.

Compared with Goldman Sachs, Morgan Stanley's crisis is much more serious and is even on the verge of collapse.

But this guy said it lightly, as if it could be easily solved.

Like the CEO of Goldman Sachs, while hoping that Jiuye Investment Group could lend a helping hand, this guy was also coveting Jiuye Investment Group's equity.

Not only did he want to sell his own company's shares at a high price, he also fantasized about infiltrating Jiuye Investment Group through cross-holdings.

Yao Yuan completely turned a deaf ear to the words of the Morgan Stanley CEO, letting them go in one ear and out the other.

The information he learned through the international financial market and other channels was many times more than what the financial tycoon himself introduced.

In this case, the performance of Morgan Stanley CEO seems too clumsy!

After the CEO of Morgan Stanley finished introducing the situation, Paulson came out to echo a few words and brag about it with a thick face.

After they had finished their performance, Yao Yuan finally gave his answer.

He looked at the foreigners in the video and said with a smile:

"Gentlemen, we, Jiuye Investment Group, are very interested in cooperating with Goldman Sachs and Morgan Stanley and acquiring shares in these two top investment banks as a strategic investor."

"However, we will never accept the offer to acquire part of the shares of Goldman Sachs and Morgan Stanley based on their current share prices. The price is too high!"

"As we all know, this global financial crisis has only been going on for about a week and will continue for a long time. During the financial crisis, the stock prices of all listed companies will plummet."

"I am very sure that Goldman Sachs and Morgan Stanley will not be an exception, and may even fall even more sharply. The stock price performance of Goldman Sachs and Morgan Stanley in the past two days is the best proof of this."

"According to optimistic estimates, the market value of Goldman Sachs and Morgan Stanley will drop by at least 50% in this financial crisis. In this case, the highest offer we can accept is % of the current market price."

"The reason why we offer a 40% discount instead of a 50% discount is that we consider the special status of Goldman Sachs and Morgan Stanley in the international financial market. We offer a 10% premium, which is a reasonable transaction price."

"As for cross-shareholdings, our group is currently in very healthy financial condition and has no plans to introduce strategic investors or external shareholders. I can only say sorry. There may be such actions in the future, but not now."

"The liquidity squeeze problem faced by Goldman Sachs and Morgan Stanley also exists in our group, but it is not as serious. In recent days, many investors have withdrawn their investments and redeemed their funds. Fortunately, we can still cope with it."

"Given the current market environment, it is obviously not a good time to expand. What we should do is to develop steadily and help all parties resolve this global financial crisis within our capabilities."

The foreigners in the video were all dumbfounded.

Especially the CEO of Goldman Sachs and the CEO of Morgan Stanley, their eyes were wide open with disbelief.

After a moment's pause, Goldman Sachs CEO Lloyd said in a deep voice:

"You are buying part of our Goldman Sachs shares at 60% off the current market price. Did I hear that correctly?"

"Mr. Yao, you are simply taking advantage of the situation. The premium for the name Goldman Sachs alone is more than this amount."

Shortly afterwards, Morgan Stanley CEO expressed the same indignation.

They believe that the offer made by Yao Yuan is an insult to Morgan Stanley, one of the world's top investment banks.

Seeing that the other foreigners were about to speak out to refute, Yao Yuan spoke first:

"Gentlemen, you don't have to worry. Even if the deal doesn't work out, we can still be friends. If the cooperation doesn't work out this time, we can find another opportunity to cooperate in the future."

"I have carefully studied the problems currently faced by Goldman Sachs and Morgan Stanley over the past two days and believe that there are better solutions."

"If you change your mindset, I believe this problem won't be difficult to solve, and there's no need to urgently look for strategic investors..."

Before he finished speaking, several foreigners on the other side of the ocean were already furious.

"What? You have a better way to solve the crisis at hand? Tell me now."

Paulson said eagerly.