Chapter 1163 The deal under the dining table
"President, we are here."
The secretary's reminder brought Yoshida Takero back to his senses. He looked at the 'Hanhua International Center' shrouded in glass curtain walls and shining in the morning sun. After adjusting his breathing, he opened the door and walked out.
Passing through the revolving door is a row of security inspection machines.
Everyone coming in must pass.
This strict safety management method made Yoshida Yoshiro frown.
Although he felt a little uncomfortable, he still accepted the rules.
After passing through the security machine, you find the front desk and explain your purpose of visit.
He was quickly led to the chairman's office on the top floor.
"Hello Mr. Yoshida, I am Li Jinling, Mr. Xu's assistant."
"Hello."
After shaking hands.
"Please come with me, Mr. Xu is waiting for you."
"Okay."
Pushing open the door and entering, Yoshida Takero saw a man wearing a loose white T-shirt and black sports pants, a casual look.
With his majestic physique, he hardly looked like a businessman.
He quickly took two steps forward and stretched out his hands.
"Xu Sang, I have admired your name for a long time. It is really an honor for me to have the opportunity to meet you today."
Although I was tired of the fake smile on the old devil's face, my etiquette could not be lost.
Shaked hands.
"Mr. Yoshida is very polite, please sit down."
"Thank you."
After the two sat down on the sofa in the reception area.
After three rounds of tea, Xu Liang didn't say anything anymore.
"Mr. Yoshida, this time Seibu Group insured US$2.8 billion in U.S. AAA CDO bonds with Tokio Marine & Nichido Fire Insurance Company. For nearly a year, the monthly premium of US$3.2 million has never been less. A little later.
Now the U.S. CDO bonds we insured have all suffered losses. According to the contract, you should pay us US$2.8 billion in compensation.
But almost a month has passed since the contract period, and the US$2.8 billion has not yet arrived.
As the president of Tokio Marine & Nichido Fire Insurance Company, should Mr. Yoshida give me an explanation? ”
Yoshida Takero smiled.
"Xu Sang, Tokio Marine & Nichido Fire Insurance Company is the largest insurance company in Japan. We will strictly fulfill the contract and treat every customer sincerely.
Including Mr. Xu and Seibu.
But the amount you insured this time is too large. The company needs to verify it in detail, which will take some time. Please understand. ”
Although Xu Liang wanted to punch the smiling old devil in the face, his reason told him not to do so.
"How much time do you need?"
"Xu Sang, I'm very sorry. This depends on the specific work progress. I can't give you a specific timetable."
Looking at the old devil who was respectful on the outside but arrogant on the inside, Xu Liang didn't intend to play word games with him anymore.
"If Mr. Yoshida can transfer the money to the Seibu Group's account within half a month, then you will get a 1% commission.
The money will be credited to your account at Standard Chartered Bank. ”
Yoshida Takero's eyes quickly became fiery.
“1% of $2.8 billion?”
"That's right. 28 million U.S. dollars, which is a huge amount of money." Xu Liang continued with a smile, "Mr. Yoshida, you are not a shareholder of Tokio Marine & Nichido Fire Insurance Company. Although you have the power to control the company, you are already close to At the age of seventy, how long can you still work?
If it were me, while I still have power, I would seize the opportunity to retire with a sum of money and enjoy a wonderful old age life. ”
Yoshida Takero was silent for a moment.
"Xu Sang, although I am the president of Tokio Marine & Nichido Fire Insurance Company, I cannot make the decision on this matter alone.
Moreover, as Xu Sang is the world's top investment guru and super rich man, 1% is too stingy. ”
"How much do you want?" Xu Liang asked.
The greedy look in Yoshida Takero's eyes became hot.
"5%!"
Xu Liang smiled, picked up the teacup on the table and took a sip.
"Mr. Yoshida, the real estate market in the United States has not been very good recently. Almost all major Japanese banks, including Mitsubishi, Mizui, and Mitsui, have suffered a lot from investing in the U.S. real estate market.
If they can recover a large part of Seibu's debt, such as US$7 billion, to make up for their book losses, I believe they will be happy.
Therefore, I don’t need to see you at all, and I don’t need to engage in any private transactions.
If we sell the insurance policies that Seibu holds today directly to Mizui and Mitsubishi, I believe they will be happy to accept it. ”
Yoshida Takero's eyebrows jumped.
He said slowly.
"Xu Sang, I admit that what you said is indeed correct, but banks like Ruihui and Mitsubishi will only be more greedy than me. I only want 5%, but they will ask for 10%, or even 20%.
Therefore, choosing me is your best solution. ”
"I'm afraid it's Mr. Yoshida who is wrong. You are our only choice. No one can replace your role in the entire Tokio Marine & Nichido Fire Insurance Company.
But if we choose Mizui, Mitsubishi or Mitsui, it means that we have multiple choices.
Competition always leads to cheaper prices! ”
Yoshida Takero continued with a smile: "I'm afraid Xu Sang underestimated the relationship between Japan's banking circles. In order to earn enough profits, it is not impossible to reach a deal in private and jointly pressure Mr. Xu to accept it."
"This possibility does exist. When I was doing venture capital before, some start-ups thought they could bid among several venture capital companies, and we also adopted the same strategy as Mr. Yoshida said.
However, even if Mitsubishi, Mizui, and Mitsui unite, can they still unite with Goldman Sachs and Lehman? ”
Yoshida Takero frowned.
"What does Xu Sang mean?"
"It's simple, I can sell these insurances to investment banks and banks in the United States.
When six or seven institutions join in, it will probably be more difficult to keep pace.
And since I have the initiative, I can continue to choose new partners. "Xu Liang smiled.
Yoshida Takero's heart sank, and he admitted that what the other party said was true.
But for the greater good, he didn't want to be manipulated so easily.
"Xu Sang, as the largest insurance company in Japan, the power of 'Tokio Marine & Nichido Fire Insurance Company' is far beyond your imagination. We are not a small company that any company can easily subdue."
"No one is trying to convince you. I or anyone else just wants to get the money we deserve!
This is a legitimate interest we should obtain.
Even if we go to court, we will win in the end. ”
There was a pause.
"By the way, I remember that Mr. Yoshida is also a customer of Hanhua. From 2005 to now, our Hanhua has made a lot of money from Mr. Yoshida.
In this respect, we are a good partner.
I think Mr. Yoshida will not reject this precious friendship. ”
Xu Liang warned in a reminding tone.
"How do you know I am a customer of Hanhua?"
"Futian Wealth Management Co., Ltd. is our partner of Hanhua. In order to avoid unpredictable legal risks as much as possible, the source of the funds they transfer must be explained.
Money laundering is a serious crime. ”
Yoshida Yilang pondered for a moment.
"It's still 5%. There are many senior executives in Tokio Marine & Nichido Fire Insurance Company, and I also need money to deal with them."
Staring at the man opposite.
"Xu Sang, this is my bottom line. If you can't satisfy it, just go to Mitsui and Ruihui."
Xu Liang agreed to this condition after briefly considering it.
After all, his bottom line is 10%.
5% is already pretty good.
"I can agree, but how long will it take before we get the money?"
"The money will be transferred to the Seibu Group's account in half a month at most. However, the amount of funds is too large and I need to pay the money in batches."
"Yes. After I get the money, I will transfer it to your bank account at Standard Chartered in proportion."
"Deal."
The two hands were clasped together.
After seeing off Yoshida Yilang, Xu Liang was relieved.
Asking for accounts is also a challenging job.
Fortunately, today's shot went well.
However, Hongyan's insurance companies are all over the world, and it is impossible for him, the big boss, to come forward one by one.
There's not enough time. "Call Lao Xia to let me know, and ask him how much he wants to pay?"
Li Jinling nodded.
She came back not long after.
"Mr. Xu, Mr. Xia reported that US$17.4 billion has been requested. The handling fees in the middle have not exceeded the bottom line."
Xu Liang nodded slightly.
This time, Red Rock Fund has been preparing for the "Gonggong Plan" for more than two years, in which the total book value of CDS bonds is US$127.9 billion.
Of this amount, $65.9 billion is located in the United States.
$34.7 billion is located in Europe.
The rest are basically in Asia.
The total number of CDS in Japan is US$8.3 billion, and top insurance companies including Tokio Marine & Nichido Fire Insurance Company, Sumitomo Marine Fire Insurance Company, and Nippon Life Insurance Company are among them.
Japanese insurance companies are much more conservative than their European and American counterparts.
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Be cautious about new insurance like CDS.
Insurance companies in South Korea, Singapore, Australia, New Zealand, Indonesia, etc. are also similar.
It can be said that Xu Liang's operation has been insured by insurance companies with international business in all Asian countries, including Third Brother, except China.
Japan has more than 8 billion.
Some even have hundreds of millions of dollars.
He didn’t expect to get back all the money he earned from the book value of the ‘Gonggong Plan’.
Bribing a company's CEO is certainly a good idea, but not all companies do it.
In many insurance companies, especially those in Asian countries, the majority shareholders often hold shares in their 20s or 30s, which has a great influence on the company.
Even if the CEOs agree, there is still a hurdle that shareholders cannot get around.
There are also some insurance companies that may not be able to survive and will directly go bankrupt with losses.
In short, various situations are possible.
In the end, if he could get back 80% of the total amount of the "Gonggong Plan", he would be happy with it, and he would be able to accept 70%.
After looking at the time, Xu Liang picked up his coat, put it on and left the company.
Back home.
Fukuda Shinmei is drawing the manga "Death" in the study.
In addition to spending time with her children, this is her only hobby and work.
The beauty was so focused that she didn't even hear the door open when Xu Liang came in.
Warm sunlight shines in through the window, reflecting on the fair and pretty face, like jelly, showing a warm red.
Soft facial lines draw a delicate side profile.
The long black hair is spread behind the shoulders, like a waterfall.
The delicate neck is connected to the delicate clavicle.
The goose yellow knitted long-sleeved shirt covered her graceful upper body.
As if feeling Xu Liang's unscrupulous eyes, the beauty turned her head and looked over.
A smile of surprise, like the spring sunshine in March.
"Xu Jun, are you back?"
He hugged the beauty's slender waist and half-turned to sit down on the sofa.
"I've been back for a while. I saw that you were so focused on the painting that I didn't bother you."
"I promised Editor-in-Chief Kawada that I would hand in the drawings for Chapter 139 tomorrow afternoon. All the saved manuscripts have been used up, so I can only spend more time catching up on them."
"Don't you always have the habit of saving manuscripts? Why didn't you do it this time?"
"What do you think?"
The beauty glanced at him slightly angrily, and the amorous look between her brows was like a hot stream pouring into the man's heart.
Xu Liang understood instantly.
The cows are tired and their work efficiency decreases.
When the fields are tired, work efficiency will also decrease.
He has been in Japan for more than a week, and it's not much different if he doesn't play music every night.
Although Fukuda Shinmei is supported by Nozomi Sasaki and Yui Aragaki, the latter two are not always around. Boss Xu occasionally gets interested, and she has to bear most of the firepower herself.
This kind of thing can consume most of her energy in one go.
Xu Liang put his hand into the hem of the woman's clothes, caressed it for a while and smiled.
"I will go to the United States in a while. You can have a good rest then."
"Are you leaving again?"
There was reluctance in the woman's eyes.
"As you have noticed when watching the news, the real estate industry in the United States is not calm now, and the financial industry is also in shock. A lot of my business is there, so I have to go and keep an eye on it.
But don't worry, I'll come back after a while. ”
Fukuda Xinmei nodded obediently.
"Then you come back early, my child and I are waiting for you."
"Yeah."
After holding her in his arms tenderly for a moment.
"By the way, I have made an appointment with Son Zhengyi for dinner tonight. You can clean up later and come with me."
……
The dinner party with Son Zhengyi had already been arranged when we were in Xiangjiang.
Originally Xu Liang was going to invite him, but before he could call, Lao Sun had already taken the initiative to call and invite him to the family dinner.
After going there several times, Xu Liang, who was already familiar with the road, did not refuse.
Moreover, the two families are not very far apart, so it is convenient to go there.
When he knocked on the door, a white man in a black suit opened the door.
When the other party saw him, he quickly said respectfully.
"Mr. Xu, I am Hector Onlai, nice to meet you."
Seeing his extended hand, Xu Liang shook it.
"Are you Mr. Sun's secretary?"
"No, Mr. Son is my father-in-law."
Xu Liang suddenly realized that of course he knew that Son Zhengyi had two daughters.
However, the other party has been studying in the United States. He was not able to see him during his previous visits. Now it seems that he is back.
"Mrs. Xu."
Hector Onlai nodded politely to Fukuda Xinmei, and did not rashly give a Western kiss on the hand.
"You two, please come with me."
Under his leadership, the two walked into the villa with gifts.
After crossing a garden road and turning around a landscaped area, I saw Son Zhengyi and his wife standing on the front steps. Next to them was a young woman wearing a long white waist skirt and a bun.
"Xu Jun, welcome to be our guest."
Son Zhengyi hurriedly greeted him.
"Mr. Sun, I hope you won't get tired of me as a bad guest after repeated interruptions."
"Xu Jun is so polite. You are an honored guest that I can't invite easily. I hope you come here every day."
Xu Liang smiled and said hello to Mrs. Sun, "Who is this...?"
"This is my eldest daughter Yijun. After graduating from Waseda University, she went to Harvard Business School to study abroad, and later worked at Goldman Sachs. She just came back this year."
The young woman took a step forward and stretched out her right hand.
"Mr. Xu, I have heard about you for a long time. I hope I can ask you more if I have the opportunity in the future."
Xu Liang touched her fingertips and said, "Don't take advice seriously. Mr. Sun is the real global investment master."
"Mr. Xu is too modest. My father often praises you in front of me, saying that you are a rare financial genius in the East for a century."
"I'm not as powerful as Mr. Sun said."
The two parties exchanged a few polite words and then entered the living room.
Because of his several visits, Son also got to know Xu Liang’s eating habits.
There is a lot of meat for dinner, and it is basically Chinese-style steak.
The meat quality of top quality Wagyu beef is truly extraordinary.
Tender but not woody, the meat is delicious.
Xu Liang was not embarrassed and enjoyed the meal.
After dinner, everyone went to the reception room to drink tea and relieve their tiredness. Naturally, they talked about the subprime debt market that is intensifying in the United States.
(End of chapter)