"What a great building... there is no way."

In Fannie Mae's VIP room, Fabien Benavides, surrounded by a large number of banks, finance, auditors and real estate managers, held a pen and signed the documents on the table.

In the end, he chose to sell real estate and save his factory.

Because he knew very well that even if real estate would recover, it would be a future. He couldn't wait. He needed to have a lot of cash on hand to try to keep the basic foundation of his career.

Of course, even if a decision is made on a psychological level, when it is really implemented, signing with breath is a torture for him.

No one wants to see their wealth loss...

Fabien has the courage, at least no matter what, he still maintains his dignity and does not lose his composure.

When he saw the buyer - he had learned about the situation, Lehmann, Joseph and others came in, he took the initiative to speak, "To be honest, I have also watched the movies you made, but I never thought about meeting you in such an occasion, Director Rust."

"Forehead......"

Lehman is in trouble, he really doesn't know how to comfort him. You lost a property, but got a cash?

"No one has ever thought of such a disaster, right? God just loves to tease people, and the commander who only knows how to fart. If I can meet him, I must scold him in person. What is he doing?"

Fabion said and showed a hint of anger.

In fact, the social elites around them also want to be able to understand Fabien's mood.

Recently, Wall Street has directly asked the federal government to take immediate action. Then Congress passed the "Non-performing Assets Relief Plan" (TARP), which aims to inject taxpayers' $700 billion into U.S. banks and financial institutions.

In other words, the U.S. government has agreed that the free market has failed.

Among them, the commander who was inexplicably preparing to retire during his term of office also had to stand in New York Square to explain why he, as a Republican president, wrote TARP into the law.

It was a sunny day, and Bush Jr. said with a face on his back: "I am a person who insists on the market, but not when I am facing the global financial crisis."

But after he said this and took action, the situation did not improve...

You know, at this time, the five major investment banks on Wall Street have become two: Morgan Stanley and Goldman Sachs.

Morgan Stanley was originally ranked second, but when he looked back, he suddenly felt dizzy - he had become the last one. Goldman Sachs was not much better, he was the second last one now. Moreover, as the largest bank in the United States, Citibank is on the verge of bankruptcy.

Speaking of data, the giants at the end of 2007, such as Lehman, Merrill Lynch, United Bank, and Citibank, which covered finance, insurance, and real estate, had a total of 10.4 trillion US dollars in assets. However, in the crisis, four went bankrupt, two were entrusted by the government, four were acquired, and assets were reorganized to save themselves. Two were converted to nationalized banks (Goldman Sachs, Morgan Stanley), and one was completely gone (Lehman). Even if there was a government guarantee, the losses were as high as more than 7 trillion.

Some little guys who are not that big are even more involved in mass death mode.

In late September alone, 25 commercial banks in the United States went bankrupt, and at the same time, the financial crisis swept the world, specifically manifested as:

First, global stock markets have fallen sharply.

The Dow Jones Index fell 54 percent from its highest point in October 2007 at 14,198.10 points to 6,570.11 points in October 2008;

During the same period, the German DAX index fell by 56%; the French CAC40 index fell by 60%, and the Japanese Nikkei 225 index fell by 61.8%;

Russia, Mexico and some emerging market economies in Asia have all stopped trading due to excessive stock market declines.

Second, the global economy is in recession. Among them, the three major economies in the euro zone, Germany, France and Italy, both experienced negative growth month-on-month, which directly laid the root cause of the future European debt crisis...

Of course, bad luck is bad luck.

People in the VIP room still saw Lehman's eyes shining, just like seeing a gold mine, especially the president of Bank of America, who is responsible for Mann Media's savings business.

Under such circumstances, the film and television industry is like a chicken that can lay golden eggs. It is one of the few who can dig out money from the people's pockets and pay voluntarily. This is the charm of entertainment.

In addition, the monetization ability of Marvel IP cannot be hidden from these elites. Everyone knows that many brands are actively contacting Marvel and starting to cooperate.

But they were interested in Lehman, but Lehman didn't have much demand for them. After a while of politeness, he soon walked with Joseph to another office.

"When will they move out?"

"It's very soon, it won't be more than 2 weeks. Someone is helping us stare."

"Okay. Let's talk about clothing. Yesterday I talked with David again. We can choose the OEM factory in the mainland."

Later, Marvel had more than a dozen OEM factories in the mainland to help produce clothing with related elements, but now their size is not so large. The preliminary plan is to find one or two OEM factories that can be strong to maintain long-term cooperative relationships. This will definitely require a reliable person to go there for on-site inspections, communications, and candidates. Lehman wants Joseph to find a few people.

He is far more familiar with Lehmann as a company employee.

After Joseph agreed, the result came out.

If this property with an area of ​​14,700 square meters was in the booming real estate, it would cost 700 million, but now it can only be won by 340 million. The other one is cheaper, only 90 million.

To be honest, Fabion's bottom line was $400 million at the beginning, but because it was difficult to find a buyer, he wanted to get rid of it as soon as possible, so he was hired by Lehman and the negotiation team was suppressed all the way.

Such a good location will definitely have room for appreciation in the future. Although the new line studio I bought at the beginning occupied a spacious area and did not cost so much money, it was outside the central circle and the land price was not the same level.

Everything was handled, Fabion left with a slight melancholy and hope for tomorrow.

Is it a transaction? No one suffers. If you can buy at the bottom when the real estate industry is sluggish, it is also a good time to choose. There is not much room for talks.

After the procedures were completed, Fannie Mae’s account manager also gave him a breath. In this world, if you can make a little money, just make a little money.

Fannie Mae has suppressed so many real estate, and she is almost killing them, and she wishes all transactions will be made.

night.

Lehman ran to attend a charity dinner initiated by the directors' union and donated some money to help the unemployed.

This is mainly about socializing in the circle. Money is not the most important thing, reputation is.
Chapter completed!