The penniless son of the penniless ...

Chapter 155 Zhang Junfeng's Decision (Updated)
But now, those old guys in Goldman Sachs Group not only restrict their own faction for their own interests, but also want to create trouble for Zhang Junfeng. If Zhang Junfeng really jumps out and chooses to cooperate with other financial institutions, wouldn't Goldman Sachs Group lose the big picture for the small?
"... Zhang, are you sure you want to do this?" Mato Walsh wanted to persuade the other party again. After all, Goldman Sachs did not directly reject Zhang Junfeng's loan application, but just put it on hold for the time being and needed to hold a meeting to discuss it...

Zhang Junfeng said in a firm tone, "The premise of cooperation is that both parties can provide each other with certain help. I agreed to become Goldman Sachs' investment consultant because of the comprehensive strength of Goldman Sachs. However, Goldman Sachs' current practices have disappointed me. I can only find another way."

"Walsh, if you are willing to help me, our cooperation can continue and will not be affected by this incident..." Zhang Junfeng hinted to the other party in a cold tone that if Thomas Walsh was unwilling to help this time, he could only use the money invested in the gold futures market to deal with the emergency for the time being.

However, when he gets through this hurdle, he will have to adjust his relationship with Goldman Sachs. As the wise men said, "Don't put all your eggs in one basket", and don't put all your hopes on one person. "A cunning rabbit has three burrows" is a more reliable way to deal with it!

……

Matto Walsh eventually gave Zhang Junfeng the contact information of three senior executives of Wall Street financial institutions, who worked for Citigroup, Blackstone Group and JPMorgan Chase.

Zhang Junfeng considered the information and contact information of the three people for a long time, and finally settled on the names of Su Shimin and Nacho Morgan.

Su Shimin is one of the founders of Blackstone Group. In 1985, after he and Peterson founded Blackstone Group, they acquired many companies in the early stage of entrepreneurship by borrowing money from banks and attracting investment from other companies. In the following years, they grew step by step and later became the world's largest investment management company.

Although Blackstone Group is keen on investing in companies, their leveraged buyout model is a "sugar-coated" shell. If you are not careful, the company's operators will lose their management rights!

(Note: The main operation mode of leveraged buyout is that the buyer borrows money from the bank, then uses the money to acquire the company, and then uses the cash flow generated by the company to repay the principal and interest. If the debt cannot be repaid, the company will be taken away by the bank.)
Although Zhang Junfeng was certain that if he applied for a loan from the Blackstone Group, the other party would be happy to provide him with a loan, this group of ambitious guys would most likely set their sights on the highly promising Galaxy Group, which was not what he wanted to see.

In the end, Zhang Junfeng still locked his sights on Nacho Morgan! Based on his name and the organization he worked for, it was not difficult to guess that this guy was most likely from the famous Morgan family in America!
JPMorgan Chase, which once dominated the development of the American economy for decades in the 19th century and was even known as the "world's creditor" at its peak, has financial strength far beyond that of other financial institutions!
The $8 million loan I applied for was nothing more than a drop in the bucket for JPMorgan Chase! As long as I could prove my strength and the equivalent collateral, the other party would not refuse a "big customer" like me who came to seek a loan.

……

Thinking of this, Zhang Junfeng took the initiative to call the number he had recorded. The most urgent task now is to raise funds as soon as possible to deal with the competition for environmental shipping business rights. As for other things, they can be put aside for the time being. When the phone rang for a long time, it was not answered. Just when Zhang Junfeng thought that the other party might have something to do and could not be contacted for a while and planned to contact again later, the other end of the phone was suddenly connected. Hearing a strange voice coming from the microphone, Zhang Junfeng quickly introduced his situation and directly pointed out that he was introduced by Mato Wals.

When Zhang Junfeng proposed to apply for a large loan from JPMorgan Chase, Nacho Morgan immediately became interested and asked Zhang Junfeng about the specific amount he wanted and the collateral he could provide.

And when the other party learned that the collateral Zhang Junfeng was willing to provide was a gold futures contract worth 10 billion US dollars, Nacho Morgan suddenly burst into laughter.

"I didn't expect Mr. Zhang to be a colleague in the investment circle! To be honest, we also have a colleague at JPMorgan Chase who proposed shorting gold futures, but his proposal was not approved by his superiors, and he missed a good investment opportunity in vain..."

Hearing the other party suddenly mention shorting gold, Zhang Junfeng relaxed a lot. After all, since the other party mentioned shorting gold futures, they must be concerned about the price of gold. There shouldn't be much problem using his 10 billion US dollars of gold futures as collateral to obtain an 8 million US dollars loan.

As expected, just as Zhang Junfeng expected, Nacho Morgan gave some advice on the loan after a while. "As long as we verify that the futures contract for shorting gold provided by Mr. Zhang is accurate, the $8 million you need will be transferred to the designated account within two days. The interest will be calculated at an annualized rate of 12%. The interest for early repayment will remain unchanged..."

Zhang Junfeng nodded repeatedly to confirm the details of the loan that Nacho Morgan had provided. Compared to the "lion's mouth" from Goldman Sachs, the loan requirements from Nacho Morgan were much more relaxed, which made Zhang Junfeng curious. It couldn't be that the other party gave him such a loan requirement because of Mato Walls, right?

……

When Nacho Morgan finished explaining the details of the loan and asked Zhang Junfeng if he had any objections, Zhang Junfeng took the opportunity to raise his doubts. Having experienced the "backstab" from Goldman Sachs, Zhang Junfeng didn't believe that anyone would help him selflessly. If there wasn't enough benefit, it would be considered polite if they didn't take advantage of his misfortune.

Unexpectedly, Nacho Morgan said calmly, "Matowalls once told me about your situation. He said that in the past two years, Goldman Sachs has recruited a young man with great investment talent as an investment consultant. He gained a lot from the Asian financial crisis last year, which brought him a lot of benefits."

(End of this chapter)