In the business car on Fifth Avenue, the girl next to Huang Yujin looked out the window for a while, but finally couldn't help but say, "I thought that at this time, their stores would be discounted."

"That's right, I thought so too," a girl immediately echoed.

The male compatriots immediately smiled happily.

As soon as they heard their laughter, they knew that they must have suffered a lot of shopping and paid for their bills. Therefore, when they heard the ladies complaining like this, they were really happy from the bottom of their hearts.

The ladies are really a little depressed. At this time, shouldn’t the market in the United States be in a downturn? Why are there so many people visiting these luxury stores?

Xu Bin, who was a little confident, also interjected, "I think, it should be because there are too many girls in the world who think like you, so these stores have never thought about discounts now."

The men added fuel to the fire, one said, "New York is an international shopping city,"

Another said, "It's still a top international shopping city..."

Huang Yujin added, "It means that all the prodigal girls from all over the world come to New York to shop, so these stores are so tough, right?"

She is a southerner who speaks such northern flavors in very ordinary Mandarin. Xiaoguo is really good.

The car was filled with laughter and joy.

The girls have never thought of a problem. Not to mention tourists from all over the world, let alone the United States, a country that has been the world's number one economy for many years, and Russia, which everyone thinks that the economy has always been poor, has a private foundation that is still higher than us.

This is especially true for the United States. It has led developed countries for so many years, and the richness of their folk heritage is far beyond our imagination.

What's more, New York is a city full of wealthy people, so no matter how the situation changes, customers in luxury stores on Fifth Avenue will always be as crowded as tourists in Central Park.

So far, the subprime mortgage crisis has had the greatest impact on those families that originally belonged to the bottom, as well as the unlucky ones among the few rich people like Lehman's Dick Fuld.

So far, their huge middle-class family has also had an impact, but it is far from being damaged.

However, if the situation further deteriorates, such as the rescue plan is blocked again, the situation will be very different. At least, the ranks of unlucky guys like Fulder will expand.

This is also the reason why Su Shiming directly attended the first meeting.

This is a small conference.

On the Black Stone side, he was the leader, there were only four people in total.

In addition to Cummins and Xu Bin, those representing Feng Yiping are Raulder and his capable deputy Gary Cohen.

As an American business person who knows us well, when he saw a Chinese face like Xu Bin in the other team, Su Shiming showed great enthusiasm. He knew that some of us pay attention to this.

But he may have forgotten that before returning to China, Xu Bin had been studying and working in the United States, and he didn't care about these things. Looking at Su Shiming's smiling face, all he thought about was the more than 2,000 Hilton hotels in Black Stone's hands.

Raulder was only preparing to attend this first meeting, so after a very unnutritional and smiling on the surface, he gave Su Shiming and others an evaluation report, "Stephen, this is the most professional team we hired to analyze Hilton's situation,"

Su Shiming only looked at the evaluation agency, mainly two accounting firms, PwC and KPMG. He didn't look at the composition of the evaluation team. He knew very well that on such issues, Wall Street colleagues could not have any problems. They said that they were the most professional, and they would definitely be the most professional, and they would never be a random pheasant team.

But he also knew that although the conclusions drawn by such a most professional team on such issues were relatively higher fairness, they were not necessarily more professional than those of the pheasant team.

As a tycoon in the financial industry, he is very aware of the virtues of these institutions, including the four major accounting firms.

Just collect money to do business, aren’t you still paying the money?

He only looked through the previous part and looked directly at the final conclusion. At this time, his deputy and executives could no longer help but say, "It's so incredible!" "Just," "It's simply incredible!"

Su Shiming felt a little surprised, and he looked at the conclusion again, "...At this time, the loss of this investment has exceeded 83..."

He looked coldly at Raulder opposite him.

Raulder still had a smile on his face, but that smile was really not very pleasant: his mouth was a little crooked, and his eyes were slanted to the side.

Under the polite smile, there is disdain, or rather, he is a proud smile or a sarcastic smile.

Su Shiming threw the report lightly and said only one word, "bullshit,"

Except for Xu Bin, no one else seems to be surprised at all.

Wall Street celebrities in suits and ties will only be gentle in front of the camera. They will never be stingy in their work and in private.

In this situation, Su Shiming only said such words, which is actually quite particular.

The report concluded that investment losses exceeded 83, which means that only 17 remained.

They bought Hilton last year and spent $26 billion, according to the report, Hilton is now worth less than $4.5 billion.

Of the $26 billion, in addition to the $20.5 billion loan, they directly invested 5.5 billion.

In general, not to mention the total loss of the 20.5 billion loan, their 5.5 billion has now shrunk to 4.5 billion.

Hilton, worth 26 billion in July last year, is not worth 4.5 billion now. Su Shiming did not directly point at Raulder and the others to curse, which was already very restrained.

"Roulder, Blackstone is so sincere about discussing debt issues with you, do you treat us with such a piece of garbage?"

"Haha," Raulder smiled and glanced at the people on his side, then looked at the people on the other side, shook his head, "Stephen, that's because you invested in such garbage with our loan,"

Xu Bin was a little unable to adapt.

Although he knew that this was bargaining and exchanging, I really wanted to pick up "garbage" like Hilton.

"Trump?" Su Shiming also smiled, "If I remember correctly, when Blackstone launched this project last year, including Goldman Sachs, they thought that the share they had was not large enough?"

This is also a fact.

When Blackstone introduced this business to the banking group last year, the bank gate was indeed rushing to borrow money because it not only could get a good interest, but they could also replace liquidity in the market by securitizing these loans.

But who knows that the market will soon take a sharp turn for the worse? Not to mention the replacement of liquidity, not to mention the high interest rate, if he hadn't made this suggestion to Feng Yiping, Hei Shi would probably have discussed with them the issue of debt restructuring, that is, the issue of reducing part of the principal.

This is what is called one time and another.

"Stephen," Lauder changed to a more comfortable sitting position. "The reason we were so active last year was mainly because you, we trusted you as an old friend, so we went all out to support you,"

Su Shiming was so reluctant to refute his words. Believe me? Support me with all my might?

To put it bluntly, isn’t it because it’s profitable?

"But Stephen, my old friend, how do you treat our trust? Do you know how important these more than 20 billion loans are to all of us at this time?"

"But how did Blackstone do it? Have you ever seriously considered repaying our loan at one time? Even if it's just a part of it?"

His deputy, tall but also had little hair on his head, immediately supported him, "We have never heard of this. I just heard that they are going to let us get debt relief,"

"It's totally understandable," Cummins nodded with a smile. "In many cases, it is not the creditors who are in an advantageous position, but the debtors."

“This is especially true for those debtors with strong strength and influence,”

Raulder always felt that when Cummins said this, the look he looked at himself had a different meaning.

But please, brother, Goldman Sachs did not drag the final payment of your CDS contract before, but we did not reach an agreement on relevant issues, right?

Xu Bin looked at Su Shiming opposite him, facing waves of sarcasm, his face became more and more blue, and he felt that this time it was really eye-opening.

The big guys on Wall Street are so vigorous when talking about such big business?
Chapter completed!