The penniless son of the penniless ...

Chapter 154 The loan application has been put on hold?

"... Zhang, I haven't received any loans or funds transferred from the headquarters in the past two days. I haven't received any calls from Mato Walls either. According to your situation, it is very likely that the headquarters may have shelved your loan application..."

"...You also know that the old guys at the headquarters have their own thoughts and plans, and they are not of one mind. Especially since Matovols has performed too well in the past two years, it is reasonable for them to want to join forces to suppress him, and reject your loan application..."

Hearing what Leon John said, Zhang Junfeng fell silent. He realized that he seemed to be involved in the factional struggle within the Goldman Sachs Group? And he was implicated because of his frequent business dealings with Mato Walsh? Damn, is this really necessary? ! He was still hoping to get a large amount of funds in a short period of time to teach those bastards in the Hanjin Group a profound lesson!
"...That would be troublesome. I was hoping to mobilize enough funds in the short term to deal with the acquisition of Hanjin Shipping shares. Now that Goldman Sachs does not provide a large amount of funds, I am afraid that I will lose the operating rights of Hanjin Shipping!" Zhang Junfeng said with a grim expression. Now plans cannot keep up with changes, and the situation becomes tricky!

Either he could obtain a large loan from other financial institutions in a short period of time, or he could reluctantly cut his losses and withdraw the funds invested in shorting gold futures in advance to deal with this trouble.

However, if he really chooses the latter, his investment income from shorting gold will probably drop sharply.

"...John, is there any way you can contact other Wall Street financial institutions? If possible, I need to obtain a large loan from other institutions, the amount is about 8 million US dollars." After pondering for a moment, Zhang Junfeng proposed another solution, hoping to obtain funds from other financial institutions.

Leon John smiled bitterly and said helplessly, "Zhang, you think too highly of me. I have only been promoted to the head of a component company for a short time. How could I know any big shots on Wall Street?"

"...But Mato Walsh should have made friends with many important people. If he is willing to help, then there may still be a chance..."

Zhang Junfeng hesitated when he heard Leon John's idea. Should he go find that unreliable guy, Mato Walsh?! Speaking of which, he was not sure what Mato Walsh was up to.

After all, if this guy is on the same side as me, then he should have informed me about the failure of the loan, so that he could find another way in advance, and he wouldn't be so passive, right? !

……

After weighing the pros and cons, Zhang Junfeng decided to accept Leon John's proposal and contact Matto Walsh at midnight to ask him about the details. If the loan application was shelved or rejected as they had guessed, he would need to ask Matto Walsh if he knew any executives from other financial institutions.

Seeing Zhang Junfeng leaning on the sofa with a serious expression, Li Fuzhen, who had already changed into pajamas, walked up to him, stroked Zhang Junfeng's somewhat tired face, and asked softly, "How is the situation? Is it possible that you can't get the loan?" "If it really doesn't work, then let's just lose the operating rights of Hanjinjin Shipping. We can take it back when we have money in the future!" Li Fuzhen felt a little sorry for Zhang Junfeng who had to contact others late at night to inquire about loans in order to keep the operating rights of Hanjin Shipping.

Zhang Junfeng rubbed his tired face, sighed with a wry smile, and said with a sigh, "Maybe there was some problem at the Goldman Sachs headquarters. My loan application was not approved or I was cut off, so the loan has not been transferred to the Galaxy Group's account."

"But it's not a big problem. I have other solutions. If it doesn't work, I can also withdraw the funds I invested before. It's just a few hundred million US dollars. I can still take it out. My dear, you are the chairman of the Galaxy Group whom I supported. I will never let your dignity be destroyed!" Seeing that Li Fuzhen was so considerate of him, Zhang Junfeng felt warm in his heart. He held the other's hand and said in a firm tone.

Although Li Fuzhen said it lightly, Zhang Junfeng knew very well that if the management rights of the subsidiary Hanjin Shipping were allowed to be taken back by people from Hanjin Group, this incident would inevitably have a bad impact on Li Fuzhen, the chairman of Galaxy Group!
These days, there are few people who help others in need, but many who gloat over others' misfortunes and wish for chaos! Especially those who have just experienced the financial crisis and have been hit hard by the big companies, they hope that the emerging company Galaxy Group will be defeated miserably in the battle with Hanjin Group, or both sides will suffer losses!
……

Seeing that it was almost midnight, Zhang Junfeng comforted Li Fuzhen and asked her to go back and rest as she had to go to work early the next morning. After he returned to the living room, he picked up the phone again and called Mato Walsh.

Matto Walsh, who was leisurely drinking coffee in the office and discussing his grand ambitions with his subordinates, suddenly became serious when he answered the phone and realized that the other party was Zhang Junfeng.

After sending his subordinate away, Mato Walls replied with a guilty conscience, "Zhang, I have applied to the president for your previous loan application. But that guy seemed to be instigated by others and wanted to take the opportunity to suppress our group, so the loan application submitted was shelved."

"If you want to get a loan, you have to wait until they have a detailed discussion, and this period will take at least 10 days to half a month..."

Zhang Junfeng was not angry when he heard what Matovols said. Instead, he asked calmly, "This situation is within my expectations, but the most urgent thing now is that I need a large amount of funds to turn over. In addition to Goldman Sachs, do you know any other executives of Wall Street financial institutions?"

"... Zhang, you are not trying to get a huge loan from other financial institutions, are you?" Realizing that a big client like Zhang Junfeng was going to seek help from other financial institutions, Mato Walsh, who was already feeling a little guilty, suddenly lost his composure!
He had been in contact with Zhang Junfeng for quite some time, and he knew Zhang Junfeng's investment ability too well! Such an investment genius could bring huge benefits to the other party no matter which financial institution he chose to cooperate with!

(End of this chapter)