Rebirth of the Financial Crisis Sweeping the World - Chapter 425 425 huge low-interest loans, bargaining for 2.7 billion U.S. dollars!

  Chapter 425 425 Huge low-interest loans, bargaining for 2.7 billion U.S. dollars!

  World media are reporting the Ford Motor Company’s change of ownership from the Ford family, and at the moment, the Crown Manor is very lively.

  It's late, but the dinner is not over yet.

  Beside the swimming pool of the Crown Manor, there was a fire camp, and a group of people gathered around.

  Wang Guanxi, Luo Baowen, Stephen Steno, Alan Fishman, Alan Mulally, Roland Messi, Nathan Messi, and others are eating grilled lamb chops and grilled steaks.

  The housekeeper Andrew and his daughter instructed the maids to deliver the latest fresh milk, as well as the freshly picked fruit.

  Everyone was talking about Ford Motor Company, Huntington Bank, Fifth Third Bank, and Macy’s.

And Bill Ford, Laura Ford, and Ford Ingrid three members of the Ford family were strolling around the ranch, accompanied by Abode, Ellie and his wife, as well as Jennifer Huntington, Jennifer Lawrence mother Female.

  Jennifer Lawrence didn't like Ford Ingrid a bit, but couldn't bear the enthusiasm of Ford Ingrid. The two went to the shooting range to play shooting, and they had a good time.

  Jennifer Lawrence put down his rifle and asked Ford Ingrid, who was still shooting, "Miss Ford, are you really planning to enter the Ford Motor Company for an internship?"

  Ford Ingrid: "Well, yes, I don’t particularly want to waste time in school. I have to study hard to manage the enterprise and become an excellent manager in the future."

  This time the Ford family suffered a very, very miserable loss. The Ford Motor Company was on the verge of bankruptcy, and the Ford Family Foundation was insolvent.

  Now the control of Ford Motor Company is also sold, but members of the Ford family can still work in Ford Motor Company. She still intends to enter the Ford Motor Company to exercise herself,

  Jennifer Lawrence said in a daze: "My dream is to be a big star in Hollywood, but I don't want to go anymore."

  She can see that Ford Ingrid has a good impression of Wang Guanxi, and Ford Ingrid is about to enter the Ford Motor Company for an internship, and there is a high probability that he will become an excellent manager in the future.

  As for her, when she goes to Hollywood, the gap between her and Ford Ingrid is getting bigger and bigger.

  What's more, she didn't even go to college, except for being pretty and like filming, she knows nothing.

  And the Ford Ingrid in front of me is still a high-achieving student, from the Ford family, with a good background, good looks, and a good person. In the future, I will definitely be far inferior to her.

  It can be seen that Ford Ingrid has a very good impression of Wang Guanxi, giving her a great sense of urgency and must make herself outstanding.

  At this time Ford Ingrid asked curiously: "Why don't you stick to your dream?"

   "I have watched your movie. It's pretty good. You look so beautiful and have a good body. You are very suitable to be a star in Hollywood."

  She could see that Jennifer Lawrence liked Wang Guanxi, and she also had a good impression of Wang Guanxi.

  Wang Guanxi is not Jennifer Lawrence’s boyfriend now, and everyone can compete fairly.

Jennifer Lawrence said: "Miss Ford, although Hollywood is a suitable stage for me, I thought about it. I can't be a star for a lifetime. I just eat a youth meal. My mother was right. When I was forty years old, I It's useless"

  Ford Ingrid was taken aback and asked: "Then what are you going to do?"

  Jennifer Lawrence: "Miss Ford, I plan to go to Hunting Bank for an internship and become a banker in the future."

   "Oh, good, come on, everyone work hard together" Ford Ingrid said again: "I will be called Ingrid in the future, I will call you Jennifer, we can be friends who encourage each other in life."

  Speaking, she stretched out her hand.

  "Okay, come on" Jennifer Lawrence shook hands with Ford Ingrid friendly.

  Browsing the news, the whole world is reporting about Ford Motor Company’s change of ownership.

  In particular, Ford Motor Company’s balance sheet debt is as high as 232.825 billion, and its net assets are negative $14.7 billion. It has long been insolvent. This really scared Ford Ingrid.

   asked her: "Now Ford Motor Company is in debt of 232.825 billion US dollars. Do you think Ford Motor Company will get out of the predicament?"

  Jennifer Lawrence thought for a while and said: "It should be possible. Wang is a very powerful person. He will definitely bring Ford Motor Company back to life."

  Ford Ingrid: "I hope so"

  At this time Jennifer Huntington came over and shouted: "Little Jennifer, come over and eat lamb chops."

  Laura Ford also yelled: "Ingrid, your favorite Angus steak is ready."

  So Jennifer Lawrence and Ford Ingrid left the shooting range quickly.

   Soon I came to the campfire to eat grilled lamb chops and grilled steak.

  Jennifer Lawrence sat beside Wang Guanxi, while Ford Ingrid was embarrassed and somewhat restrained, sitting four seats apart from Wang Guanxi.

At this time, Ford Motor Company CEO Alan Mulally took out a report and handed it to Wang Guanxi, “BOSS, this is Ford Motor Company’s latest balance sheet. At present, Ford Motor Company’s cash gap is still several billions short. U.S. dollars, I plan to continue issuing high-interest corporate bonds to attract financial institutions on Wall Street."

  Wang Guanxi nodded and looked at it in detail.

  Currently, Ford Motor Company has a total debt of US$232.825 billion.

  Current liabilities are US$42.729 billion.

  Non-current liabilities are as high as 190.096 billion U.S. dollars, of which long-term borrowings are 152.577 billion U.S. dollars, deferred income tax is 2.035 billion U.S. dollars, non-current liabilities special accounts are 33.732 billion U.S. dollars, and non-current deferred non-current liabilities are 1.751 billion U.S. dollars.

  And Ford Motor Company’s total assets are $218.292 billion.

  Net assets are negative $14.5 billion, which is already insolvent.

  The long-term borrowings of US$152.577 billion have unreasonably high daily interest rates. Ford Motor Company is now very short of money and needs to continue to issue high-interest corporate bonds.

  If it is not a bank loan and there is interest, then Ford Motor Company will have to go bankrupt.

  If Ford Motor Company continues to lose money and cannot repay its debts, it will go bankrupt.

   Really continue to make money now.

  Wang Guanxi thought for a while and said: "I asked Wusan Bank, Huntington Bank, and Silicon Valley Bank to lend Ford Motor Company US$3 billion!"

Previously, the Ohio Department of Treasury gave Huntington Bank and Fifth Third Bank a rescue of $3.5 billion and bought $3.5 billion of preferred stock. This caused Huntington Bank and Fifth Third Bank to increase the flow of funds by $3.5 billion and made Macy’s 15 loans. Billion US dollars, there are still 2 billion US dollars not spent.

  It’s not a problem for Silicon Valley Bank to lend another $1 billion.

   adds up to 3 billion US dollars.

  Avery Mulally said excitedly: "That would be great. Then it would be nice to issue another $1 billion in high-interest corporate bonds."

  Although Ford Motor Company now has a lot of cash flow on its books, so many employees, so many losses, so many places that need to be spent, and consume a lot of money every day.

  They estimated that the funding gap still needs US$4 billion.

  Now that we have collected 3 billion U.S. dollars, there is still a 1 billion U.S. dollar short of funds. If this 1 billion U.S. dollar capital is collected, the chances of Ford Motor Company going through the economic crisis are much higher.

  Wang Guanxi thought for a while and said: “You don’t need to issue corporate bonds. The interest on corporate bonds is better than bank interest. I’ll call and ask someone at Standard Chartered Bank.”

  Wang Guanxi called Zhang Xiaolei of Standard Chartered Bank, and the call was quickly connected.

  Zhang Xiaolei: "Mr. Wang, what's the matter?"

  Wang Guanxi: "Mr. Zhang, I want Ford Motor Company to mortgage its car brands and Standard Chartered Bank North America branch for a loan of 1 billion US dollars."

  Zhang Xiaolei thought about it, and said: "This is no problem, it will be fine tomorrow!"

  After chatting and ending the phone call, Wang Guanxi called Greg Becker, CEO of Silicon Valley Bank.

  The call was quickly connected, and Greg Becker asked excitedly: "BOSS, are you going to come to California?"

  Wang Guanxi said with a smile; “I went to California a while back, and I called you to ask you, can Silicon Valley Bank still borrow $1 billion now?”

  Greg Becker asked: "Is it a loan to Ford Motor Company?"

  Although Silicon Valley Bank is a bank controlled by the fund of the Crown Charity Foundation, it cannot borrow illegally or indiscriminately.

  He also knew that BOSS had taken Ford Motor Company, the auto giant on the verge of bankruptcy.

  Wang Guanxi said: "Yes, yes, I will let Ford Motor Company mortgage the assets, and also use the listed company stocks held by the charity fund to guarantee it!"

   "Just use the stocks of Holden House Company, Huntington Bank, Fifth Third Bank, and Macy's to guarantee the guarantee."

  Now Wang Guanxi uses the stocks of its subsidiaries to guarantee loans for Ford Motor Company.

  "Okay, BOSS" Greg Becker thought for a while and said, "Tomorrow morning we can mobilize $1 billion in funds!"

  Wang Guanxi nodded: "That's good!"

  After the call was settled, Wang Guanxi took a deep breath. This time Ford Motor Company must be rescued, otherwise the business empire he built in the United States will be hindered.

"Alan Mulally, the $4 billion in funding is ready. You can rest assured that within three years, the net assets of Ford Motor Company will be changed from negative $14.7 billion to positive, and at the same time reduce the balance sheet. Liabilities"

  If I remember correctly, Ford Motor Company’s net assets did not become positive until the fourth quarter of 2011. Wang Guanxi hopes to advance as soon as possible.

  And the debt on the balance sheet is too high and needs to be reduced,

  Alan Mulally said solemnly: "BOSS, don't worry, follow my plan and I will be able to make Ford Motor Company profit by the end of this year!"

   "Before the end of 2011, I will make Ford Motor Company's net assets a positive number!"

  Wang Guanxi nodded: "Very good, I believe in your ability, just go and do it!"

  The following day, February 25th, 8 o'clock in the morning.

  Huntington Bank, Fifth Third Bank, Silicon Valley Bank, Standard Chartered Bank announced to provide Ford Motor Company with a low-interest loan of US$4 billion.

  Shocked the United States again!

  The three major American auto giants, Ford Motor Company, General Motors Company, and Chrysler Automobiles, are all at stake.

  General Motors, Chrysler Automobiles are struggling in the quagmire, going bankrupt at any time.

  And Ford Motor Company ushered in another $4 billion in low-interest loans.

  This makes General Motors and Chrysler Automobiles shareholders envy.

  Especially the major shareholder of General Motors, the controller is the DuPont Consortium, Morgan Bank, and the two consortiums are all contributing to the financing of General Motors to avoid the bankruptcy of General Motors, the largest US automobile giant!

The DuPont consortium and the Morgan consortium hold many shares of Ford Motor Company, but the control of Ford Motor Company is firmly in the hands of the Ford family. Now the control of Ford Motor Company has changed ownership, and it has also received a loan of 4 billion US dollars. , It can be said that the bet is very high, and they will not risk their own money to finance General Motors.

  Because Ford Motor Co. received a loan of 4 billion US dollars, the probability of bankruptcy has decreased a lot.

  Ford Motor Company's stock price soared!

  From 1.5 US dollars per share to 1.8 US dollars per share!

  The DuPont consortium and the Morgan consortium intend to sell the shares of Ford Motor Company, because although Ford Motor Company received a loan of 4 billion US dollars, the probability of bankruptcy is still very high.

  They arranged for someone to contact Wang Guanxi to sell Ford Motor Company’s stock.

  Wang Guanxi also smiled happily and bought 800 million shares of DuPont consortium and 700 million shares of Ford Motor Company from Morgan consortium at a price of 1.8 US dollars per share.

   A total of 1.5 billion shares, the price is 2.7 billion US dollars.

   has paid 2.7 billion US dollars, and Wang Guanxi’s No. 1 fund still has 2.3 billion US dollars left.

  These 1.5 billion shares, all of Ford Motor Company’s Class A shares, have 1 vote per share!

   These 1.5 billion Class A shares are held by the No. 1 Fund. Ford Motor Company’s total equity is 4 billion shares, accounting for 37.5% of the shares.

  The Crown Charity Foundation holds 132 million Class B shares of Ford Motor Company, accounting for 3.3% of the shares. Each of these Class B shares has nearly 20 votes and controls 40% of the right to speak.

  The No. 1 Fund holds 1.5 billion shares, but it is only Class A shares, with 1 vote per share, only 23.2% of the right to speak.

  Although the No. 1 Fund and the Crown Charity Foundation hold a total of 40.8% of the shares, the No. 1 Fund and the Crown Charity Foundation together control 63.2% of Ford Motor Company's right to speak!

  Luo Baowen asked puzzledly: "BOSS, don't you control 40% of Ford Motor Company's right to speak? How come you have bought so many Ford Motor Company stocks from the DuPont consortium and Morgan consortium?"

  "Are you really not worried about the bankruptcy of Ford Motor Company?"

Zhang Xiaolei beside    was also very surprised, sighing Wang Guanxi's courage!

  This is very risky.

  Wang Guanxi said indifferently: “Don’t worry, Ford Motor Company will not go bankrupt. As long as we get out of the economic crisis, Ford Motor Company’s stock price will rise a lot.”

   "At that time, my No. 1 Fund will sell these 15 shares again."

  In the future, Ford Motor Company’s stock price will rise a lot. The market value has rushed from today’s 7.2 billion US dollars to 72 billion US dollars, a full ten times.

  Of course, Wang Guanxi also sold these 1.5 billion shares in advance, probably next year, or the year after.

Anyway, when Ford Motor Company’s net assets were positive, he would sell the 1.5 billion shares of Ford Motor Company and keep 132 million Class B shares. He still had control of Ford Motor Company. .

  Luo Baowen was still worried and said, “Boss, are you so confident? Now General Motors and Chrysler Automobiles are on the verge of bankruptcy. The future of the auto market will not be good.”

  Wang Guanxi smiled and said: “Don’t worry, I know in my heart that the economy will recover after a period of depression”

  Zhang Xiaolei also said: "Mr. Wang is so self-confident. I really appreciate your self-confidence. Of the three major US auto companies, perhaps as long as Ford Motor Company will not go bankrupt."

  Wang Guanxi smiled and said: "Of course, we will make Ford Motor Company profitable this year and make Ford Motor Company's assets become a positive number within three years."

  Bill Ford, Laura Ford, and Ford Ingrid three members of the Ford family were also shocked.

  Laura Ford couldn’t help but say: “Mr. Wang, maybe the Ford Motor Company can reproduce the glory of America’s First Automobile under your control!”

  Ford Ingrid admiringly said: "Wang, I believe you! It must be possible."

  Bill Ford thought for a while and said, "Mr. Wang, I hope you can turn the tide, then General Motors and Chrysler Motors must be bankrupt."

Wang Guanxi smiled and said: "Mr. Bill Ford, the economy will recover soon. I believe that Ford Motor Company can tide over this crisis safely. Your Ford Family Foundation still has some funds left. You can buy the Ford Motor Company. Of the stock, the stock price of Ford Motor Company, the moment we announced the loan of $4 billion, has bottomed out."

  Bill Ford's heart was moved, but he didn't dare to act. He said, "I will consider it."

  Wang Guanxi smiled and said, "Be bolder!"

  At this time, the Chrysler Motor Company’s controller, the Chrysler family, also called and said that they would sell their 200 million shares of Ford Motor Company to Wang Guanxi at market prices.

  Wang Guanxi refused. He didn't want to spend any more money to continue to increase his holdings of Ford Motor Company's stock.

  His money will be used in other places where the return on investment is high.

And Bill Ford bargained with the Chrysler family and finally bought the 200 million shares of Ford Motor Company held by the Chrysler family at a price of $1.50 per share. The shareholding ratio is 5%, all of which are Class A shares. The voting power per share is 1 vote, 200 million shares, and the voting power is 3.1%.

  In this way, the Ford family once again became a shareholder of Ford Motor Company.

  Before, they held 3.3% of the shares, which are Class B shares, and have 40% of the voting rights. If the market price was held before, it would be 1.98 billion US dollars. If they cashed out the funds in the market, it would be less than 200 million US dollars.

  Wang Guanxi bought the 3.3% shares at 5 times the market price, which allowed them to obtain 1 billion US dollars, to pay off the debts of the Ford Family Foundation, and still have a lot of money.

   Now spend $300 million to repurchase the Ford Motor Company’s stock, occupying 5% of the shares. If the voting rights are not considered, then the company’s control rights will be stable in terms of wealth.

  Wang Guanxi asked: "Mr. Bill Ford, don't you worry about the bankruptcy of Ford Motor Company?"

  Bill Ford said: "Don't worry, if Ford Motor Company goes bankrupt, then let me bury the 300 million dollars along with it!"

  He originally wanted to say that this was the honor of the Ford family, but now that the Ford Motor Company has been attributed to Wang Guanxi, he had to hold back.

  He didn't want the Ford Motor Company to go bankrupt. There was really no way he could sell the control of Ford Motor Company to Wang Guanxi.

  Finding that Wang Guanxi’s energy is still great, he immediately borrowed US$4 billion, which is still a low-interest long-term loan.

  This Ford Motor Company has an additional $4 billion in cash. As long as it survives until the economy recovers, then Ford Motor Company will be able to come back to life.

   And he bought bottom 200 million shares, he can make a lot of money in the future.

  Of course, if Ford Motor Company goes bankrupt, then let his 300 million US dollars be wiped out.

  Wang Guanxi smiled and said: "Mr. Bill Ford, you can rest assured that Ford Motor Company will never go bankrupt. This investment will definitely make several times the money."

  His No. 1 Fund bought 1.5 billion shares from the DuPont Consortium and the Morgan Consortium.

  When Ford Motor Company’s stock price rises above US$12 in the future, he will choose to close the position and earn at least US$15 billion.

  Bill Ford laughed: "Mr. Wang, you hold so many Ford Motor Company stocks so confidently, what am I afraid of!"

   "Just waiting for Ford Motor Company to come back to life!"

  At the moment, it is still being reported in the media.

  AP, "Ford Motor Company controllers continue to increase their holdings of Ford Motor Company stock!"

  Forbes: "Ford Motor Company’s largest shareholder already holds 40.3% of the shares. Don’t you worry about Ford Motor Company’s bankruptcy?"

  Wall Street Journal: “Maybe Ford Motor Company’s stock price will skyrocket tomorrow”

  Toyo Kyodo News Agency: "Ford Motor Company’s debt has increased by another 4 billion U.S. dollars, which has reached 236.825 billion U.S. dollars. It may be one step closer to bankruptcy."

  Malaysian Public Bank President Zheng Yufei: “The countdown to the bankruptcy of Ford Motor Company may start with an additional US$4 billion in debt”

  India Business Daily: "Ohio ranchers spent $3.7 billion to Ford Motor Company to make all of it."

  Financial News of India: “Huntington Bank, Fifth Third Bank, Silicon Valley Bank, Macy’s, and Ford Motor Company are all grasshoppers on the same rope. Once Ford Motor Company goes bankrupt, the other four companies will fall into the quagmire of bankruptcy.”

India’s Tata Motors: “Perhaps Ford Motor Company will be in a serious crisis again within half a year. At that time, the Super Taker will have to sell off all assets at a low price. In the future, Tata Motors may have the opportunity to acquire all car brands under Ford Motor Company. At present, Tata Motors has acquired the Jaguar and Land Rover brands under Ford Motor Company, and will continue to acquire them until Ford Motor Company has no car brands."

  Wang Guanxi looked at the speech of India's Tata Company, and he was immediately happy.

  It should be Ratan Tata that deliberately disgusted himself.

   Speaking of Ratan Tata, Ratan Tata calls.

Wang Guanxi connected, and Ratan Tata sneered on the phone: "Wang Guanxi, I didn’t expect that you invested so much money in Ford Motor Company, haha, I’m waiting for you to die. When you have no money, remember to put Ford Motor The company’s brands are sold to us, Tata Motors."

   "Hey, tell you the truth, I'm just waiting for Ford Motor Company to go bankrupt!"

  (End of this chapter)