I'm back in 1990

Chapter 517: Exorbitant Demands

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Back in September, Zhang Yun had already begun to sell off a batch of internet technology company shares held by her company. Of course, the companies on the list that Huang Xiaochuan sent her were not included. However, she would gradually mortgage the shares of these companies to banks to borrow money, and then borrow the trust shares of the relevant companies from the banks.

The cash that is borrowed then becomes highly liquid collateral, used to borrow stocks from relevant banks. Generally speaking, the value of the cash used as collateral is higher than the value of the stocks borrowed.

Just like during the Southeast Asian financial crisis, they were ready to short the Nasdaq index at any time. Zhang Yun dared to do this because she trusted Huang Xiaochuan's judgment. She was the first reader of that paper, and as a highly educated person, she could see its value. It's no exaggeration to say that if the major investment banks had discovered this paper, they would have spent a fortune to hire Huang Xiaochuan as their chief economic analyst.

It sounds simple, but the process is dazzling. After a large number of offshore short-selling companies are registered, they enter the stock and futures markets one after another, and most of the time they just sit there.

However, it's not completely idle; it occasionally makes a few transactions, which outsiders can't tell. It's basically a game of moving money from one pocket to another.

If it weren't for maintaining the activity of these accounts, Zhang Yun wouldn't have spent so much manpower on them. Besides, after deducting labor and related fees, these transactions are generally unprofitable.

Another important point is that the unusual movement of large sums of money will inevitably arouse the vigilance of various capital groups, not to mention relevant departments. Therefore, breaking it down into smaller parts is a must. At that time, Zhang Yun will control hundreds of accounts to carry out the operation.

Therefore, there is a lot of work to be done beforehand. Otherwise, Zhang Yun should have taken the two children to China. It was this matter that caused the temporary delay. However, all the preparations will be completed before the Spring Festival. At that time, Zhang Yun will take Ya Wen and Luca to Shanghai. As agreed beforehand, Ya Wen will attend a grand ceremony specially prepared for him.

Zhang Yun was discussing the order of fund transfers with a group of accountants when she heard her secretary's words. She nodded and said, "Okay, I understand. Remind me again at 1 p.m. that I need to meet with Mr. Ferdinand Barrett before 2 p.m.

State Street is a well-known American commercial bank that manages over $40 trillion in assets. One of their businesses is providing stock custody and related services.

Zhang Yun needs to provide asset certificates and other documents, and State Street Bank also needs to provide Zhang Yun with a list of stocks currently under their custody (stocks on Zhang Yun's list). The two parties also need to discuss lending fees and profit sharing.

Those who run banks naturally know what these stocks are used for when they are lent out. This is the business they run. Even the stingiest people will be ripped off before they are let go. Moreover, Zhang Yun is definitely using these stocks for financial speculation.

So why not take the opportunity to ask for an exorbitant amount! However, all of this is done in accordance with industry rules, and both parties will sign a strict confidentiality agreement. Everyone will make money together without tacit understanding. However, the difference is that the bank is guaranteed to make a profit, while Zhang Yun will have to bear a lot of risks.

That evening, Zhang Yun was to have dinner with Etherine Carr, the vice president of Bank of New York Mellon.

Because of Zhang Yun's work style, she had already found out the dietary preferences of this nearly fifty-year-old financial businesswoman in advance, so she specially booked the vegan restaurant Eleven Adison Park, located in a landmark building near Central Park. This restaurant has won three Michelin stars for eight consecutive years and is a popular restaurant among vegetarians in New York's high society. It is impossible to get a table without a reservation in advance, but Zhang Yun booked it three months in advance in order to have the whole place to herself.

The restaurant is spacious yet cozy, and since there were only two guests tonight, it did its best to provide the best service for Zhang Yun and Etherine Carl.

When the two meet, it's always the same pointless conversation, especially when both of them are women.

The two women first discussed fashion and beauty, and only started talking about the evening's main topic after dinner began.

"Darling, we can fulfill all your requests, but we want 60% of the profits!" Etherine, abandoning her previous gentle demeanor, made a huge demand.

Zhang Yun sneered inwardly, then replied with a smile, "I can only accept a maximum of 5!"

Etherine glanced at Zhang Yun and said, "Darling, it seems we can't reach an agreement on this issue. The gap between us is just too big."

Zhang Yun retorted sharply, "Our disagreement lies in your unrealistic demands. If you could be more honest and rational, we should probably be signing a memorandum of understanding by now."

"Catherine, for the sake of our friendship, 55."

Zhang Yun chuckled softly, then gracefully placed the tablecloth on the table and stood up. To be honest, this vegetarian meal almost made her throw up. How could this strange old American woman like vegan food? No wonder she looks like a witch.

"Aiselin, you're too greedy. You're right, it seems we can't reach an agreement on this issue today. Business is business, and friendship is friendship. But I must remind you, we have a confidentiality agreement, and I don't want a third person to know about our conversation tonight."

This Ms. Etherine's behavior is somewhat like that of a later Trump, who likes to make a lot of noise. However, she is even worse than Trump in one aspect: Etherine is a racist, and she actually dislikes Asians like Zhang Yun very much.

However, business is business. Seeing Zhang Yun's firm attitude, Etherine quickly softened her stance, after all, this was not an exclusive deal.

But it was too late!

Just as Etherine stood up to try and persuade Zhang Yun to stay.

Zhang Yun reached out to stop Etherine.

"Aiselin, I think we should call it a day for tonight! I hope you enjoyed dinner!"

After giving Estelle a graceful greeting, he left the restaurant with his men.