Extraordinary Genius

“Malfoy, I'm sorry, but we don't have plans to continue acquiring automotive-related industries for the time being. The company is naturally rich, but we have other business to acquire, and maybe in two years, we'll work together better. ”

Malfoy wanted to say something else, so he heard the busy voice on the phone, and he stayed.

Can a shared car last two years?

We sold you the biggest joint venture in Huaxia, and now you're not talking about anything else?

So what if we share it?

The demons that sold Huaxia shared all their shares, and they got a good amount of cash, which helped relieve their financial pressures.

This year's pension, health insurance, whatever it is, may not be necessary to spend another crazy mortgage, but they were planning to sell some more business in exchange for a large sum of cash.

Now the plan is all messed up and the company needs money to run. They may have to pay higher interest and mortgage more assets if they want to borrow again.

Wind and Rain Holdings Group is waving them, making the same situation worse.

The subprime mortgage crisis is getting worse and worse with the media. More and more people are unable to repay their mortgages, and even many move out of the house directly, and the house is no longer needed.

They would rather rent a house than repay it, and the price of the house is falling every day and they are losing a lot of money.

While some real estate agents claim that the real estate did not enter a low tide period, it is now a good time to copy the bottom, but several of the real estate agents who started to copy the bottom were in bad shape, and when they entered, it was clear that the house price had not fallen to the bottom.

As a result, defaults on real estate loans have increased and house prices have continued to decline, during which time several more real estate companies and real estate finance and credit firms have gone bankrupt.

Not only have mortgage default rates climbed rapidly, but some car loan default rates have also risen rapidly, with more and more bad debts in their hands.

Originally, this financial company could have generated at least billions of dollars a year in profits, even if some loans were not recoverable.

But today, instead of generating profits for the same use, this company is the company that loses the most.

Other subsidiaries and branches do not receive funds for blood transfusions, and this original leading company suffers losses, which makes the same funds increasingly loose.

They lost billions of dollars in the first quarter of this year, but rose to billions of dollars in the second quarter. As things stand now, the loss in the third quarter is definitely over $10 billion, so what about the fourth quarter, next year?

When they lost in the first quarter, they discovered the crisis and wanted to sell some assets to cover the risk in a timely manner, while they were also looking for ways to mortgage their loans to get the company through.

But I didn't expect to have a good conversation with Windstorm Holding Group, which had thought everything would work out, but Windstorm Holding Group suddenly abandoned its plans to acquire their business.

Malfoy has made it clear that there are conditions under which maximum concessions can be made, but Ralph doesn't talk to them at all.

Malfoy certainly knows why, because Windstorm Holdings has acquired enough automotive business from Fute.

Continued acquisition expansion seems nice, but sharing is the opposite. Sometimes there are too many brands and the scale of expansion is too large, but rather a burden.

This will significantly reduce the company's resilience to risk and could break the chain of funds at any time.

In this crisis, Fute walked in front of the same usage, and I didn't expect Fute to sell all three of its excellent brands at such a low price, even with three North American factories.

It has to be admitted that the same would have been the case if it had been for today's use. Eating a little bit of money can keep the company at bay.

Now that we're using it together to sell the business, no one even cares. The reason for this is that the cost of the same labor is too high for any other business.

Watching Fut's business shrink by a little over half, Kresler was repurchased by a consortium of more than 80 percent and returned to the embrace of the U.S., but it was the worst they shared.

They sold Huaxia's demons all in the same equity, but it didn't help. That money, for what it is now used for, does not fill a gap at all.

Since they raised their car loan review standards, their car sales have fallen dramatically, creating a backlog in their products.

But if you don't raise the standard, then worry that more car loans will not go up and become bad debts.

This puts the same dilemma in that even if they have stopped the real estate credit business, they cannot stop the car credit business.

So what's left of this financial credit company, where does it come from?

But the same use can not stop the factory now, let alone shut down the factory, otherwise the employees will definitely strike ~. If those employees go on strike, the loss of use will be even greater.

……

“Boss, we have already told the same side that we will not consider acquiring any asset business for the same use for a short time, I think we will regret using the same and did not agree to our terms!” Ralph smiled.

If the same business was agreed to, Windstorm Holdings would really acquire some of the same business.

Unfortunately, when they were used together, they thought they were the world's number one car company, with their arrogant heads, and some conditions were unwavering. Now, have you tasted the evil result?

Feng Yu's fingers kept beating on the table, and he remembered what happened in his previous life. But now it looks like it's going to get worse.

“Well, no matter what the terms are, don't say yes, even if they're for nothing! ”

Ralph doesn't understand. If the other party really makes good terms, don't they? That would greatly help the boss to expand the global automotive business.

Didn't the boss say he wanted the Ice City Machine Manufacturing Group to be the biggest in the world?

Although he doesn't know exactly what the boss thinks, what the boss says is his supreme rule, and he will definitely do it.

Feng Yu actually loved some of the business he used. Acquisition did greatly promote his automotive kingdom.

But it's not a good deal to buy now. It's bankruptcy. Why don't we talk about it then? Even if they don't get it by then, it's time for them to expand rapidly when they go bankrupt.

Perhaps it would have been even more perfect to acquire some crazy fields and Deutsche's business by then!

……