Age of Dreams

Vol 2 Chapter 1305: Citigroup

Jia Yuwen's self-confidence comes from her deep fascination with Xiao Qi.

However, she still predicted one thing wrong, that is, the Fairy Airline that Xiao Qi gave her is definitely more than 6.4 billion in assets. 15 cargo planes are just an appetizer. In Xiao Qi's plan, the routes of cargo planes will be spread all over the whole. In Asia, there will not be too many cargo planes that will be thirty or fifty.

　　 There is another foreshadowing, Fairy Airlines, not Fairy Cargo Airlines!

　　 In addition to cargo, it is not unimaginable in the future to specialize in cheap and fast passenger planes like Juneyao Airlines, AirAsia and even Virgin Atlantic.

　　 The cheap ticket models of Virgin, AirAsia and Juneyao Airlines prove that passenger airlines are equally promising, and coupled with the coverage advantages of cargo airlines, Fairy Air’s desire to maintain its leading position for 50 years is definitely not a idiot.

　　 Anyway, Xiao Qi’s own thinking is that the assets given to every wife must be very good, and they must not be given to the point where they will quickly decline three to five years ahead, and then lose everything!

　　 No, the boy is calling in the office now, ready to send a big gift to the beautiful Northeast Ocean Horse who works hard.

　　 Originally, what Xiao Qi wanted to give to Yu Shanshan was all the commercial real estate of Fairy Real Estate Rongcheng Branch, but after thinking about it, he felt that it was a little inappropriate.

　　Because of all the land-related assets, Xiao Qi plans to inject it into the family fund in the future, leaving it to all descendants, but will not allow them to buy or sell.

　　 If Yu Shanshan was given some land assets alone, then her wife and other children might have some ideas. The unfairness under this kind of fairness can easily lead to conflicts.

　　 no matter what.

　　Anyway, under the financial crisis, there are too many excellent companies to buy, so you can't be entangled in this point.

　　 Xiao Qi called Wade, the vice president of the New York branch of Citibank.

　　 The gambling contract with Citibank did not affect the relationship between Xiao Qi and Citibank’s "Asia-Pacific Department" at all.

　　 As Wade who maintains the friendship with Xiao Qi from beginning to end. Recently, I have been worrying too.

　　There is no other reason. The subprime mortgage crisis caused their major investment banks and banks to fall into a serious loss crisis.

　　 Now that the annual report has not come out, Citi, a veteran bank with a history of nearly 200 years, naturally does not have the same confidence as an investment bank like Bear Stearns. Can hold on.

　　 But Citibank’s situation is very bad.

　　 Very, very bad.

　　 was dragged down by subordinated debt. Citi’s loss in the third quarter has already exceeded 5 billion, and more losses are expected in the fourth quarter.

　　 But the most important thing is not these, but the financial derivatives such as subprime mortgage securities of more than 100 billion that Citi holds. These were supposed to be sold to other investors, but when Citibank looked at such a high rate of return, it was obviously greedy. By quietly establishing a structured investment entity, it bought these bonds.

　　 But as soon as the subprime mortgage crisis broke out, these subprime bonds were like rubbish.

　　 Bear Stearns is definitely going to end, they have lost more than just a few funds under their umbrella. The entire investment bank was in a mess. Even the experts of the Federal Reserve didn't show any direction after closing the meeting for three days. Smart people already knew that Bear Stearns had been abandoned by the US government.

　　 Citibank does not want to be the second Bear Stearns, boasting that Citibank, the world's largest asset scale, most profitable, and most complete investment category, absolutely does not want to fail miserably.

　　 So there were high-level meetings one after another. Everyone is discussing how to avoid this crisis, or pass it on to others, but after so much time, there is no conclusion.

　　 Wade, who was barely a senior member of Citibank, was more or less affected by this panic.

　　 So when I received a call from Xiao Qi. He is drinking alcohol alone.

　　 "Little kid, what can you do to take care of me?" Wade said jokingly, "I'm afraid I'm going to join the Fairy Company soon. You can't help but take me in!"

　　 "Okay, as long as one day, the fairy company will open its doors to you at any time!"

　　 Xiao Qi's answer was also unambiguous, which gave Wade some comfort in his heart.

　　 Putting down the wine bottle, Wade, who was sitting on the sofa at home, got serious, "Ki Shao, you call me so late, is there something important?"

　　 He is also dizzy. It is 10 o'clock in the evening in the United States, yes, but in China it is only 10 o'clock in the morning.

　　 But Wade didn't make a mistake, Xiao Qi did have important things to ask him.

"Wade, the financial crisis is coming. It is a bad thing for many people, but for some people, it can't be better." Xiao Qi said in harmony: "The next two or three. During the year, I have several important acquisitions that I want to entrust you to carry out. As long as you complete these businesses for Citibank, I can guarantee that as long as Citibank does not collapse, you can become the global vice president of Citibank!"

"Oh?"

　　 Wade was shocked~www.wuxiaspot.com~ The wine quickly dissipated.

　　 "Qi Shao you want to acquire a company in the United States? The amount involved is large?" Wade became excited.

"The amount may not be considered large, but the commission involved will not be small." Xiao Qi said faintly: "But I want to tell you in advance, Wade, if Citibank is not interested in my acquisition mandate, then Goldman Sachs and Morgan Sachs Investment banks like Stanley will receive my entrustment."

"Row!"

　　 Wade understood what Xiao Qi meant, and solemnly nodded his head: "Qi Shao, you give me this opportunity. If I can't grasp it well and fail to communicate well with the people above, then it is my problem!"

　　 The scale of Citibank is really too big.

　　 Recently, they were betting on oil with Xiao Qi again, so the "Asia-Pacific Department" who got close to Xiao Qi received a lot of pressure.

　　 Although Xiao Qi is willing to give them some extra help or something, it is only necessary for them to be able to withstand external pressure, otherwise Xiao Qi will have nothing to do.

　　 Xiao Qi smiled, "It's not that serious. When the oil gambling takes effect, you just wait to see how miserable they are!"

　　 Wade moved his mouth and said nothing.

　　 He thought that Qi Shao, you are too confident. During this period of time, oil prices have fluctuated so much that hundreds of experts in our company can't see it. Although the experts' words are often farts, but you are so sure that you can win?