Face-to-face one-to-one communication, one person asks a question sincerely, and the other 0.5 answers sincerely.
When Paulson heard Fang Zhuo's answer, he did not immediately comment on this request, but said: "Fang, you are very straightforward."
Untimely bluntness is harmful.
Being able to judge whether it is timely or not is an ability.
The previous cooperation between the MIGA Fund Group and ICBC claimed to replace Goldman Sachs, but now it has become Allianz and American Express. Is this appropriate?
Fang Zhuo ordered another bowl of bean juice and smiled at the future finance minister: "The consortium that was pieced together is also a consortium."
Paulson believes that being able to turn an untimely situation into a timely one is also an ability, and Fang Zhuo's words reveal that ability.
Fang Zhuo continued: "Paulson, I don't know if you have asked Deutsche Bank. They are very interested in this competition with Goldman Sachs. In fact, Deutsche Bank is the leading force in this consortium."
"It's just that Deutsche Bank doesn't have deep connections in China like Goldman Sachs."
“So, it was a natural fit for me to work with.”
Fang Zhuo translated an idiom and admitted: "Goldman Sachs invested in Ice Core. I have always been grateful for this, but the same is true for Deutsche Bank. It didn't take long for it to find me, but I can't look back."
"Of course, profit considerations also obviously play a part in the reason."
After Fang Zhuo said this, he stirred the bean juice and finally said quite confidently: "As for whether time is too hasty and whether Deutsche Bank and us have the ability to cooperate, it is not for me or you to judge. ICBC will make the judgment."
The unexplained meaning is that once ICBC is allowed to make the judgment, it will be different.
There is someone above me.
Paulson understood Eastern thinking very well and often encountered Eastern reservations. However, although Fang Zhuo did not finish his words, he was really not that reserved, but rather very sharp.
Once this factor is involved, it often becomes a headache.
Paulson has always opposed administrative interference, but he didn't mind having a chat about it this time.
He shook his head and sighed: "You hurt us like this. I really don't know if Goldman Sachs' investment in ice cores was a mistake."
From the consortium, we talked to ICBC, and now to Ice Core.
What's wrong with the ice core?
It doesn't matter at all.
But it can be used as a bargaining chip.
Paulson was still worried that the man opposite him would not be sensitive enough, so he said flatly: "I have seen many submissions for Eastern companies like Ice Core. This project is indeed not easy."
However, Fang Zhuo was not angry at all, and nodded with a half-smile: "Yes, it's not easy. I told Goldman Sachs in the first half of the year that I wanted to hand over this project to others, but they refused to let me quit. I was also very helpless. .”
Paulson choked slightly. He had seen the report on this matter. Before this trip, he reviewed it again and reinforced that it was the people from Goldman Sachs who prevented Fang Zhuo from leaving the ice core.
Fang Zhuo lowered his head and drank half a bowl of soybean juice. The more important some things are, the more they become a threat. However, there was a scene where he wanted to withdraw. Now, on the other hand, Goldman Sachs has invested in Bingxin. Who cares more about this benefit is not sure. Woolen cloth.
"Fang, I admire the business achievements you can achieve at this age." Paulson pondered for a moment and advised, "But I have to say that many times, it is very uncomfortable to involve yourself with administrative factors.
Wise decision-making.”
He looked at the young man in front of him and said sincerely: "China's ICBC needs an information disclosure system that meets the requirements of listed companies. This is what Goldman Sachs is extremely good at. Goldman Sachs is definitely not just seeking benefits, but also
Responsible to partners.”
"If it were not for such a principle, it would not have helped Ice Core gain the right to compete normally."
"Moreover, looking at commercial bank cooperation in the global market, there are very few successful cases of cooperation between two or three banks with similar businesses."
"Once you have a problem with ICBC, the impact you will face will most likely not be on the commercial field. Is this really worth your while?"
"Fang, you may think that I am trying to influence you, but I must truthfully tell my judgment. Even if the MIGA Fund replaces Goldman Sachs, it will be difficult to obtain long-term benefits. It not only affects ICBC, but also
It's on you."
"You are still young."
Paulson brought a business issue into the administrative factors related to Fang Zhuo himself. ICBC is facing a critical development. If it does not go as expected, someone will inevitably lose points.
Fang Zhuo followed these words and concluded: "So, with both the experience of Goldman Sachs and the funds of GA Fund, this kind of cooperation is feasible. Paulson, what do you think?"
Paulson would never give up his partner easily. He shook his head, took another sip of fried liver out of politeness, took out a napkin and wiped his mouth, saying: "In this case, I think I need to give it another try.
Fang, see you next time.”
"Don't worry." Fang Zhuo said calmly, "Try the buns, Azu and the others haven't finished eating them yet."
Paulson: "..."
He stopped trying to get up and sympathized with his subordinates.
Fang Zhuo took advantage of the situation and said: "I have great respect for Goldman Sachs. I believe that not only does it build a standardized corporate governance structure and improve risk management and internal control systems, but it also has excellent performance in fund transactions, asset management, corporate and investment banking and other businesses.
ability."
Paulson sighed and said: "Surp Japan, Fang, have you seen the detailed internal cooperation information between Goldman Sachs and ICBC?"
"No." Fang Zhuo said firmly, "I think Goldman Sachs is excellent in these fields."
He continued: "Goldman Sachs is so good, why should it only focus on ICBC?"
Paulson's eyes became a little subtle.
Is this person trying to picture pie?
Fang Zhuo stopped suddenly and stopped talking.
"You have to do things one by one." From the corner of his eye, Paulson saw that his subordinates were almost done eating, and finally said, "Fang, let me try it first."
The tone of this sentence is simply flattering.
The dignified head of Goldman Sachs seems to be asking for advice in a gentle manner, "I'll try it first, and if it doesn't work, I'll come back." It doesn't sound threatening at all.
Paulson stood up and shook hands again with Fang Zhuo, who also stood up.
"See you next time, Fang."
The people from Goldman Sachs got in the car, and the three cars left Stadium West Road.
Fang Zhuo sat down again, eating steamed buns and calling Governor Jiang at the same time.
Didn't pass the first time.
After a while, the other party called me back.
"President Jiang, the plan has changed." Fang Zhuotong knew. "Paulson came to see me in the morning. We were honest and honest. The bottom line of the GA Fund now is to get shares from American Express and Allianz. We must withstand the pressure."
Manager Jiang worked overtime late last night, but when he heard this, he suddenly woke up: "How could this happen?"
"Oh, hurry up." Fang Zhuo said helplessly, "With a person like Paulson, I really feel pressured sitting in front of him. He even threatened me with my semiconductor company. You have to take responsibility for this."
Come on, don't cause a chain reaction."
Governor Jiang: "..."
There is already a lot of pressure, don’t put more pressure on me...
He took two deep breaths and asked: "American Express? Do you have enough capital? If it is successful, it will be delivered in the near future."
