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American Fortune Life - Chapter 1083

Published at 7th of November 2021 08:19:35 AM


Chapter 1083: 1083

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"Mr. erello, I had a good chat with you before, but I have another question. What do you think of my choice of you as the Global CEO of guess?"

In the office, Andy looks at the curly hair sitting opposite him with a sunny smile. The middle-aged man with a good figure is Victor erero, the future global CEO of Giles.

But when Andy asks this question, it's obviously a little difficult for the other side. Actually, it's not difficult. Because Andy prefers a confident man, who can't even explain his advantages and advantages, how to make him pay trust and give the power to the other side to manage a global first-line brand clothing group.

Victor erello's face didn't change at all. Before, he had a very pleasant chat with the world famous young rich man in front of him. Especially when he talked about some things in China, he had a lot of common language. He didn't rush to answer, but he said with a smile after pondering for a while.

"It's not difficult to find me. In Asia, I'm a little well-known, and fast fashion group's fame in China, let alone Zara, is also a brand I developed in China.

The main reason for you to find me is not only because of my understanding of the fashion market in China and Asia, but also because of my practical experience in retail and operation. More importantly, I am an industrialist.

I think I have enough enthusiasm for fashion. If enterprises from other industries come to me, I will not consider it. I must focus on the field of fashion.

I know that guess has potential and opportunities in the Chinese and Asian markets. After all, it has a history of 27 years and has experienced many storms. Although its performance has not reached the ideal state, I will achieve it step by step. "

Victor naturally knows where his advantages lie. He also knows the dilemma faced by Giles. Sales in the U.S. market are shrinking and stores are closed. The only solution is to develop new markets, while emerging markets in Asia are the top priority.

What's more, Giles company has just gone through a turbulent hostile takeover just because a model of its own was harassed. In front of him, the most famous young man in the world almost turned his hand and gave a 27 year old family business to him. It's hard to imagine.

A clothing group with a value of more than two billion yuan has become a market value of several hundred million yuan. Its fierce means not only shocked Wall Street, but also caused great influence in the fashion circle.

"Ha ha, I'm very satisfied with your answer. Yes, you have grasped the key points, new markets and new opportunities. You have been in China for a long time, and naturally know how great the changes there are. Almost every day, it's advancing. With a population of 1.3 billion, a huge population base, a potential middle class, the market potential is too great.

At present, my proposal for capital increase and share issuance has been approved by the board of directors. I will invest 100 million US dollars in the development of new markets, and my shares will be more than half, up to 56%. If you become the Global CEO of Giles, I will give you the greatest power and authority. I hope you can use your achievements to give back my trust in you! "

Andy is very satisfied with Victor's answer in front of him. He is a smart man. To be honest, Andy is the most important one in his development of Zara in China, or he will not come here. This is a very powerful professional manager.

"Thank you for your trust in me. Guess is a fashion brand company, which I have been doing and like. I am very happy to work in guess." Victor erello responded confidently and calmly.

"I like confident people. Then, this afternoon, we will announce that you will be the Global CEO of Giles. Tomorrow, we will attend a press conference with me. After all, as a listed company, this is a must. At the same time, I hope to boost the share price that has plummeted due to the shrinking sales!"

Andy smiled, stood up and shook hands with each other, saying that the plummeting stock price had nothing to do with him.

After seeing Victor erero off, Andy took a sip of coffee, picked up the phone and called al. He was very satisfied with the candidate. In the next second interview, Andy had to take Al with him. Stephanie Nubi, the CEO of Yingtai bank, was also the one they selected to block the gun.

When Andy saw Stephen Nubi, he was stunned for a moment. He was wearing a pair of black frame glasses. At first glance, he looked like HK, an actor who often played the villain of Jian. Although his hair was carefully combed and his eyes were thick, he gave a smile.

To be honest, although the other side always has a warm smile, he always gives Andy a kind of uncomfortable feeling, just like wearing a mask, but when he thinks of the main purpose of looking for the other side, he no longer cares about the other side's impression.

“。。。 Steven, I've heard from al that before you seemed to be very interested in the failed IndyMac bank? "

Stephen looked at the young man in front of him with a genial smile, the boy friend of his old friend CP's precious daughter, whose feelings were beyond description.As the second generation of the rich, he has worked hard for more than ten years at Goldman Sachs and started his own business for so many years. He is worth a lot of money. But compared with the young man in front of him, he is living in vain.

"Yes, I did contact Soros, Michael Dell and other people, as well as several former Goldman executives, to form an all-star consortium to acquire IndyMac bank. However, when I tried to persuade them, Mr. Smith, you had completed the acquisition of IndyMac bank." Stephen Nubi said with a smile.

"Can you tell me why you like IndyMac bank? If your plan succeeds, what are you going to do next? "

Stephen nubbi's eyes flickered and his face was still bright. He seemed to be ready for Andy's question and said directly, "mainly, I want to make long mortgage loans and MBS."

Hearing Stephen's answer, Andy and Al also looked at each other without hesitation. They both saw a clear smile in each other's eyes. Andy looked back at each other again and said with a smile, "at this time, it's a huge risk to make more of these toxic assets."

"It's true that there is a lot of risk, but there is a lot of room to operate. With $23.5 billion in commercial loans, mortgages and MBS, once a solution is found, the profits will be extremely high.

At that time, when I saw the report of the risk sharing agreement signed by Yingtai bank and FDIC, I really cried out to God. Now I will still sigh that this agreement is really a clever move. Although I can't know the specific content of the agreement, I guess that if it's right, no matter how bad the future economic situation is, with the protection of this agreement, Yingtai bank will be free from the most serious losses Damage. "

At Stephen's words, Al and Andy look at each other once again. Both of them are smiling. The other party really has a deep research and investigation on the former IndyMac bank. They are interested.

"Steven, if you take over this part of the assets, what do you think is the most difficult thing?" This time it was al who asked.

"The mortgage loan may be the most difficult part of the operation. Holding and providing mortgage loan service is totally different from splitting and trading mortgage loan, but this part is also the most profitable part for banks..."

。。。。。。

Andy and Al politely and solemnly put Stephen nubbi in the elevator and watched the door close. They looked at each other and walked back to the office. "You win." Andy takes a hundred dollars out of his pocket and hands it to Al, who takes it without hesitation and puts it in his pocket.

"You're right. From the beginning, he planned to evict people from their homes to trigger a loss sharing agreement and get money from FDIC."

Looking at the big boss who shook his head and smiled bitterly, alvert said: "he is the most suitable person. We need him to take charge of Yingtai bank and turn the loss into profit. What we pay is only a small part of the profit that will be lost, and the final severance payment. This is a very cost-effective business!"

Andy was silent for a moment, and finally nodded his head. Yingtai bank's turning loss into profit was his most concern. He didn't want to keep his bank in a loss state all the time. Recently, FDIC disclosed to the outside world the loss state of IndyMac bank in the first half of 2008 before its acquisition, reaching $767 million. Andy doesn't want his new bank to be dragged to death by those toxic assets. If he doesn't want to die, he can only die by others...




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