"The worst period of the subprime mortgage crisis has passed. The credit market has begun to ease, but the market environment is still challenging..." Richard Fulder, CEO of Lehman Brothers Holdings, talked happily with wine among a group of investment bank executives.

"Wall Street is closer to the end of the crisis..." Morgan Stanley CEO John Mike nodded and agreed, and the others around him nodded in agreement.

Andy kept a smile on her face, embraced Ivana's slender waist, raised her glass and signaled, turned around and left, and whispered as she walked: "Leaving here, I don't want to hear a group of idiots gathered together to whisper."

"Puff"

Ivana smiled so hard that she trembled. She reached out and hit her boyfriend lightly, "It would be rude to be heard."

"Haha, wait and see, many people present will be kicked out..." Andy whispered softly in Ivana's ear. The intimate actions of the two made many people look envious.

"Everyone, this is my latest closed-end fund, with a share of US$2 billion, with an annual income of 9%. We are friends, and you have priority..."

When Andy walked by a small circle with his arms around Ivana, he heard nine percent of the annual income, and turned his head to look at it with a frown. Seeing Madoff, who looked arrogant and seemed to be giving alms to others, he couldn't help but sneer.

This old liar seems to have been in trouble and is rushing to cheat money and block holes. Although he knows that if he makes the situation he has mastered now, many people can reduce or avoid losses, this is the matter of Andy.

He is still waiting to make a deal with Paulson on this matter. Besides, this old liar is not fighting alone. His biggest accomplice is mg Chase. At that time, he can cheat mg Chase and avenge the intercept of Huber Stein Commercial Bank.

The next morning, Andy and Ivana finished their morning jog. After playing in the bathroom for a while, they changed their clothes and started to have breakfast.

Major media reported on the cocktail party of Wall Street last night, interviewed some guests, and expressed their opinions on the special $25 billion Treasury bond auction.

Of course, there have been a lot of reports on the bank run at Indymike Bank, with various speculations, analysis, and concerns rising, creating new panic for this bank run.

"Indymike Bank is too focused on subprime loan business, and its business development area is too concentrated in California..." Close the newspaper, Ivana's bright beautiful eyes blinked and looked at her boyfriend who was eating breakfast across the street and commented.

"Haha, if it is spread out, I still don't like it. With $32 billion in assets, one in every 192 households in California is in foreclosure. The foreclosure rate is 2.6 times the average of the United States. This situation will become more serious as the economic crisis deepens. Do you know what this means?" Andy looked at Ivana and smiled while eating breakfast.

"A large amount of mortgaged real estate will become the property of the bank, but the recession of the real estate market will bring greater burden to the bank." Ivana analyzed with a frown.

"It's not just real estate, but also land. Domestic demand in the United States cannot be solved for the time being. I can introduce external forces to share it. California is the largest Asian immigrant state, and the importance of Asians on real estate is something that Westerners cannot understand, especially the immigrant wave of Celestial people this year, with a villa of $200,000 to 300,000 US dollars. Tsk tsk, do you think Celestial people who are not short of money will buy it directly with cash..."

Andy tore a piece of toast and stuffed it into his mouth and smiled: "Don't worry, I have a plan to sell houses in the good community to immigrant Tianchao people, and the land can be sold to Tianchao real estate companies that expand outward. They are not short of money!"

"If there is a good plot, we can buy it as well..." Ivana's eyes rolled, a charming smile appeared on her face, and said to Andy.

"Full settlement, no problem."

“…”

In the office on the 58th floor of the Manhattan News Weekly Building, Andy was frowning and listening to Li Xiaoying's report on the talks with Yahoo these days, because Alibaba is not as strong as the future. Microsoft's acquisition of Yahoo this time was mainly because Yahoo's core advertising assets were highly recognized by Microsoft.

However, because of Jerry Yang's unwillingness, Yahoo still insisted on a quotation of at least $53 billion, equivalent to $37 per share. Microsoft's offer three months ago was $44.6 billion, equivalent to $31 per share.

"Actually, Jerry Yang is in a dilemma now and is unwilling to give up selling. Yahoo is his hard work, and he is selling it to his long-term defeated opponent. If he doesn't sell it, he and another founder, Philo, have no control. But in my opinion, they are already exhausted and there is no better way to change Yahoo's decline."

Li Xiaoying analyzed with a calm expression, "The reason why he did not refuse our proposal to acquire Alibaba shares when I first met Jiyuan Yang, was because he thought that in the short term, he might need a large amount of cash to take measures to increase the difficulty of Microsoft's acquisition of Yahoo."

Andy was also a little speechless, "What else do he want to do with this price? What a greedy guy!"

To be honest, Andy did not expect that after HK listing, Alibaba B2b would become a certain oil version of the HK version. It fell all the way, with a certain oil magnitude. From a market value of US$20 billion to a current US$4.1 billion, it has indeed come out of a downward line that makes people vomit blood. The market value of Alibaba (Caiman Islands) has also shrunk to 20% of the B2b subsidiary when it was listed.

To be honest, Andy has always been on guard against Jack Ma. Not to mention what he treats investors as, he is not the most fun to cross the river and destroy bridges. Anyway, I was very happy to see him cheating foreign investors before, but now if I change myself, Andy is a little less beautiful.

However, this guy does have a way of making money, and Alibaba will eventually reach a market value of hundreds of billions of dollars. Andy naturally will not miss this wealth growth point, but to protect his shares and prevent him from cheating him, the best way is to constantly increase the shares in his hands, because maybe he will come up with a wrong trick to reduce the shares in his hands.

You know, Yahoo is the most typical example, from 39% to 24%, which shows how powerful it is.

"No matter what, we have to get a part of the shares from Jerry Yang. In this way, you tell Jerry Yang that we are willing to acquire a part of Alibaba's shares at a valuation of US$20 billion.

To be honest, if Microsoft's acquisition of Yahoo is disrupted this time, and Yahoo's performance has not met Wall Street's expectations, Jerry Yang is likely to be forced to resign as Yahoo eo, and we will not have much time left. At that time, there will definitely be a power battle between Alibaba and the newly appointed Yahoo eo!"

Hearing Andy's words, Li Xiaoying nodded with a serious expression, but shook her head and said, "Because the transaction contract signed by Yahoo and Alibaba accounted for 40% of the shares and only had 35% of the voting rights. The excess voting rights belong to Jackma's team. This clause is valid until October 2010. Perhaps we can only get at most 4% of the shares, and we will not get the voting rights of this part of the shares for a while."
Chapter completed!