Chapter 15 15 Heading to the Casino

Chapter 15 Going to Las Vegas

After leaving Citibank, Eric went to Goldman Sachs and JPMorgan Chase.

The routine was the same. He didn't believe that the bank would not be tempted by the huge sum of 1.1 billion US dollars.

If he is not tempted, is he still a human being? If he doesn't make money, is he still a capitalist?

Five days later, on Wednesday morning, the family was having breakfast, and the Nokia slider on the table suddenly rang.

Harry Cooper answered the call and a smile appeared on his face.

"Eric, after breakfast, let's go to JPMorgan Chase."

Eric raised his head suddenly: "So soon? I thought it would take at least half a month."

Charlie Cooper laughed: "Who doesn't like money? If you don't agree, we can change a few banks. Now we are the quality stocks."

Mom Emily looked at the father and son in confusion: "What are you talking about?"

"Nothing, dear, it's all about work."

"Really? But your complexion is getting better and better. Has the movie problem been solved?"

"No, but it's not important anymore."

JPMorgan Chase Bank, there are many people sitting in the conference room, and representatives from the three banks are all gathered.

After all, it is a loan of 2 billion US dollars. Even if Eric has 1.1 billion US dollars in assets as a base, the risk still exists. It is impossible for a single bank to eat up the 2 billion.

However, coexisting with the risk is high profit, and it is even more impossible not to lend, so the only way is for the three banks to join together and swallow this piece of cake together.

The person in charge of signing the contract was a woman who looked to be in her 30s, with blonde hair and blue eyes, but not wavy. Except for her height being a little short, she would be a beautiful vase in Hollywood.

However, seeing the three managers being reserved in front of her, I knew that this woman was definitely not simple.

"It's a pleasure to meet you, Mr. Cooper, I'm Elena, from the headquarters of JPMorgan Chase."

Elena took the initiative to extend her hand, and her father shook her hand and sat down, but Eric felt that the other party deliberately pinched him hard and gave him a weird smile.

"What does this woman mean? Is she flirting with me?" Eric thought.

Elena seemed to have never had this fight, and sat opposite the two with a smile.

"Mr. Cooper, I won't say anything extra. After discussion, we decided to lend you money, Citi 32%, Goldman Sachs 33%, and JPMorgan Chase 35%."

"All the terms are clearly written in the contract, you can take a look first."

He handed the contract to his own lawyer and studied it carefully. The lawyer pointed out the key points that need to be paid attention to, mainly three.

The first clause is that the loan time is determined according to the progress of the acquisition of MGM. If there is no progress within 3 months, the three major banks have the right to directly recover the loan. If the progress is smooth, the loan will be extended according to the progress.

The second clause is that if the acquisition of MGM is successful, MGM will automatically be converted into loan collateral.

The third clause is that after the acquisition is completed, if MGM is still poorly managed in the hands of Cooper and his son, then once the debt ratio exceeds 82%, Cooper and his son can no longer raise new debts, and MGM will be directly owned by the three major banks.

It is not difficult to see from the terms that the three major banks are targeting the fat piece of MGM. As long as they can swallow it, with the fixed assets and land owned by this old film and television company, $2 billion is worth it.

The two parties signed a contract, and Elena promised that the funds would be credited within a week.

"Mr. Cooper, this is my business card. If you need anything, you can contact me." Elena handed over a delicate little card.

"I will, ma'am."

After shaking hands with this beautiful mature woman, Cooper and his son left JPMorgan Chase.

Just three days later, the money promised by Elena arrived, and a full $2 billion was deposited into the account.

On the day the money arrived, Cooper and his son also boarded a plane to Las Vegas, which is a gambling city and the headquarters of MGM Hotel.

Dad had already called Kerkorian in advance, and the two had been superiors and subordinates for more than ten years, so it was not difficult to meet.

After getting off the plane, there were already people from MGM Hotel waiting, and the two got in the car and went straight to the headquarters.

On Las Vegas Boulevard, a luxury Lincoln parked in front of the hotel steps, and a doorman immediately came to open the car door.

"Eric, the land under our feet is MGM Plaza, which is the headquarters of my old boss."

Eric looked up and saw that it was indeed a very stylish and prestigious building with a classical European charm.

Walking into the hotel, there was a lion sculpture with its mouth wide open and roaring in the lobby, just like the opening of MGM.

Looking at the architectural structure diagram, it was a gold-spending cave that took into account both eating, drinking and having fun.

The built-in casino is 170,000 square meters, as big as four football fields, and also includes amusement parks, cinemas, restaurants, theaters, bars, nightclubs, hospitals, etc.

It covers an area of ​​dozens of acres. Although it is called a hotel, it is more than a hotel. It is more appropriate to say that it is a miniature city.

However, the price is naturally expensive if the things are good. If you want to experience the full set of services here, don't think about it without $100,000. Ordinary people can't afford it. They usually play slot machines in the lobby.

On the top floor, led by a young female secretary, Eric walked into a luxuriously decorated office.

Seeing the two people, an old man with white hair and wrinkles on his face stood up behind the table.

He is Kirk Kerkorian, a famous American casino tycoon. He is 85 years old this year, but he is in good spirits and does not look like an old man of this age at all.

Since he rarely appears in the media, some people in China and even the world may have heard of this name, but there are far fewer people who have seen his appearance.

If you want to make an analogy, it is probably the media tycoon Rupert Murdoch.

"Charlie Cooper, my old man, you're looking younger and younger."

Dad took the initiative to step forward and hugged Kerkorian, who then looked at Eric.

"Who is this handsome little guy? Please introduce him to me."

Charlie Cooper laughed: "My son Eric, he is your admirer and insists on coming to see you."

Eric stepped forward: "Hello sir, your hotel opened my eyes. She is so gorgeous."

Kerkorian suddenly smiled: "Really? Then you can have some fun and let Lisa accompany you to exchange chips for a walk."

Eric looked at his father, and Charlie Cooper nodded, saying it was okay.

Eric still trusts his father's ability.

Of course, it’s not about his film vision, but his business acumen, otherwise he wouldn’t have been an executive for more than ten years.

I was able to earn start-up capital with my forward-looking vision, but my father still had to take the lead in all subsequent negotiations, as he was more proficient in this area.

Since Kerkorian didn't want to get involved, there was no need to cause any trouble, so Eric simply followed the seductive secretary downstairs.

Don't keep reading books. If you don't read them, you will die if you keep them.