Chapter 755

Facing a captain who can lead everyone to double or triple their fortunes.

The directors reluctantly agreed, not to mention pinching their noses.

Maybe he wished that he, the major shareholder and God of Wealth, would be more deeply tied to Citigroup.

1. With a market value of 20 billion, 10% and 15% of the shares are only a dozen or three billion.

If his shareholding reaches 27%, or 32%, which is the cut-off point away from 33.33% veto power, Citigroup will truly become his voice in the future.

Wait a few more years, when the market value reaches 350 billion, it will not be difficult to buy 1.33% of the shares.

At that time, it will not be a problem to control Citigroup and indirectly control Hearst, a media group, to be on par with the top ten families in the United States.

But when that time really comes, he needs to hide in the dark, so as not to be feared and targeted by everyone.

Fortunately, every eight to ten years in the capital world, there will inevitably be an economic crisis, which gives him the opportunity to turn his head around and reach out to high-quality companies within major consortiums.

As long as you are not greedy, you will stop holding shares when you reach about 4.9%.

If it is parasitic in these enterprises and does not occupy the dominant position, no one can do anything about it.

On the contrary, when a company has a problem, someone will inevitably come to the door for help.

3 or 5 times to solve the trouble and then retire, let alone trouble him, everyone has to confess him.

At the end of the press conference, Li Changheng was about to answer the last question and end the conference.

A female reporter with a long bulging back and a charming and beautiful face, waiting for the host of the press conference to specify.

He stood up and looked at Li Changheng and asked, "Your Excellency, if I'm not mistaken, the funds you spent this time and the funds you need to prepare in the future total more than 2 billion US dollars, right?"

In the uproar again at the scene, Li Changheng cursed secretly, and then closed his eyes, so as not to be photographed with his rolling eyes.

Call me lord, this woman must be looking for trouble.

Moreover, since it comes to 2 billion, it must be using taxation, which no one can escape, but always thinking about how to avoid it.

After a few seconds, Li Changheng recovered his mood and said with a smile, "I know what you want to say, tax issues are the work of my team of lawyers and accountants.

But lawyers and accountants are human too, so no one can guarantee that all the details will not be missed, but what I can promise is that it only costs 1 dollar less in taxes.

I will make up and accept the fine from the US tax department.

And, mind you, ladies, omissions and active tax evasion are two different things.

As for, you want to know why the cash in my hand has reached or even exceeded 2 billion US dollars in cash.

I don't think it will take long, not only you will understand, but all Americans will know the reason from the media. "

After finishing speaking, Li Changheng suddenly felt that in a country like the United States, being modest and low-key is not a good thing.

Moreover, since he has become a shareholder of Citigroup and his target is the media group, occasionally he will make a high-profile announcement, which will not only make shareholders more confident, but also make capital trust and pursue him more.

After thinking for a few seconds, watching the live broadcast, he said to more than 10 million Americans who watched the show.

"My name is Henry Selby Lee and that name is a guarantee.

Moreover, you will soon see that it may be easier for me to earn a dozen or two billion US dollars than you to earn 10,000 to 20,000 US dollars. "

After finishing speaking, Li Changheng stood up and walked to Annie's side under the stupefied and incredulous gazes of the Americans at the scene and in front of the TV.

Kissed her on the face, held the ruddy fiancee with eyes full of love and shyness, and left the release hall.

After a group of people left, a huge noise erupted at the scene.

After the exclamations of "God", "This is impossible" and so on appeared, hundreds of reporters flocked to catch up with Li Changheng.

It's a pity, not to mention the more than 30 guards brought by Li Changheng, but the more than 100 security guards of Citigroup, the reporters don't even think about it.

"Henry, you're not joking with us, or the whole of America, are you?"

Li Changheng put his arms around Annie's slender waist who was earning two billion and was a little confused.

Keeping her from being jostled by a mob of excited, even flushed shareholders, or an inadvertently taking advantage of a shrug.

"Are you kidding, you will see in a few months, and what I can guarantee is that, perhaps within a year or two, the market value of Citigroup will be doubled or even tripled.

So, gentlemen, forget what I said about 2 billion, our goal is 10 billion, 20 billion. "

"FK", "God".

This time it was the turn of the dozens of shareholders present, murmuring exaggeratedly and excitedly, or cursing happily.

When Li Changheng looked at twenty or thirty small shareholders whose shares did not exceed 1%, or even only a few tenths of a percent.

Calculating silently in my heart, even if the shares of this group of people are small, they add up to more than 10%.

Moreover, there are at least 7 representatives of minority shareholders, pension funds, retirement funds, and small and medium-sized investment institutions represented behind them.

It seems that the shares are only more than ten percent, but these funds are the largest investors in the United States.

Winning over and gaining their approval means that once he needs money.

The plan they came up with was approved by them again. Not to mention tens of billions, billions of dollars can be easily raised.

Moreover, subprime mortgages are not unique to the 21st century.

From the moment the company Fangdaimei appeared, subprime mortgage loans had already appeared.

Loan financial products with low credit are called junk bonds at this time.

Coupled with the intensity of supervision, it is much, much stronger than when the supervision was completely deregulated at the beginning of the 21st century, so the scale of subprime mortgage loans has not been large.

But since Frank Abagnale has been allowed to enter the junk bond market, it is impossible for Li Changheng not to study the policies and terms in this regard.

Once the rating agencies are connected, it will be really difficult to make a seemingly delicious cake out of junk bonds in the future.

However, using 60% of high credit rating bonds and 40% of junk bonds to form a new financial extension investment portfolio will definitely make more money than just buying high credit rating bonds.

And these pension and retirement funds are the best customers.

As for how to do it, the principle is very simple.

Suppose Citigroup, or the entire Wall Street, has 10 billion high-credit rating bonds.

Each bond is $100, which is 100 million bonds.

According to the sales commission of 0.7% to 1.3%, 10 billion is sold once, earning 70 million to 130 million US dollars.

However, a combination of 10 billion high-credit rating bonds and 8 billion junk bonds is 180 million bonds.

Sell ​​it all for $126 million to $234 million.

If you earn more than 50 million to 100 million US dollars, any bank will choose the latter.

Of course, no one is stupid, and the management of retirement and pension funds is, to some extent, more conservative and more stable than any fund manager.

But the reality is that the high credit rating bonds on the entire Wall Street market may only be 10 billion or 20 billion US dollars.