After a vote, the group decided to lend $21 billion in gold futures contracts to Shen Dong, but the transaction fee would be 0.6%, and the liquidation threshold would be set at 30%.
In other words, if Shen Dong's 2.1 billion margin is reduced to only 30%, Merrill Lynch will force him to liquidate his position if he cannot replenish it in time.
Even if gold futures prices plummet, Shen Dong won't make a single penny.
After receiving a reply from O'Neal, Shen Dong pondered for a moment and said, "Sign the contract tomorrow."
O'Neal said happily, "No problem."
The $2.1 billion project is enough to make Vice President O'Neal a fortune.
At 7 p.m., Shen Dong arrived at Restaurant 11 Madison Park.
Good heavens, there were six cars just outside the restaurant, and more than twenty bodyguards in black suits, each with a gun tucked into their waistband.
Shen Dong smiled and said, "How afraid of death must Morris be?"
Song Zihao said, "It is indeed a bit of an exaggeration."
As he got out of the car, Shen Dong strode toward the restaurant.
A bodyguard blocked his way and said, "Excuse me, Mr. Shen, for security reasons, we need to search you."
"Smack!"
He was met with a resounding slap.
Shen Dong said coldly in English, "Who do you think you are, daring to search me?"
The other bodyguards all pointed their guns at Shen Dong.
Despite being outnumbered, Li Jie and his men showed no weakness and drew their guns.
Shen Dong remained fearless, quietly waiting for Morris to come out and sort things out.
Sure enough, the standoff lasted less than ten seconds before Morris came out of the restaurant.
"I apologize, Mr. Shen, it was my oversight. My subordinates were ignorant of the rules, please forgive them," Morris said apologetically.
Shen Dong smiled slightly and said, "I thought Mr. Morris was trying to give me a hard time."
Morris waved his hand, signaling the bodyguards to lower their guns, and said, "Not at all. It's just that I've offended too many people lately, so I'm paying more attention to security."
Shen Dong glanced around and said, "I can tell."
Morris said, "Mr. Shen, please."
Shen Dong said, "Please."
The two walked into the restaurant together as if nothing had happened.
Apart from the four bodyguards, there were no other guests or waiters in the restaurant; it was clear that Maurice had booked the entire place.
Shen Dong paid no attention to the four bodyguards and sat down directly opposite Morris, saying, "I only learned yesterday when I arrived in New York that Mr. Morris is already the most powerful person here. It's truly a cause for celebration."
Morris sighed and said, "I'm a thorn in the side of other Mafia families now. Every move I make attracts their attention. I usually have to go out with dozens of bodyguards. I can hardly stand this kind of life anymore."
Shen Dong scoffed at Morris's words.
Surrounded by dozens of people, enjoying the limelight, and you actually say you can't stand it anymore? What a joke!
Shen Dong said, "Perhaps this is the price you have to pay. Mr. Morris, what brings you here?"
Morris said, "I do have a favor to ask of you, Mr. Shen. Axe's properties and savings should be in your possession, shouldn't they?"
Shen Dong nodded and said, "That's right. Unfortunately, Ex is dead, so I can't get it out at all."
Morris chuckled, “Ax has an older sister who is now Ax’s sole legal heir. The court has declared that Ax’s assets and savings belong to her.”
Shen Dong's eyes gleamed as he said, "Mr. Morris, I presume you already have all of Aix's buildings and properties in your hands?"
Morris didn't hide anything and said directly, "That's right. I hope Mr. Shen can give me the deposit certificates of Ex in various banks. After his sister withdraws them, we will split them equally."
Shen Dong smiled and said, "Mr. Morris, you are now the most powerful Mafia boss in New York. Do you think I would trust you?"
Morris was silent for a moment, then said, "Mr. Shen, I know that your net worth has exceeded 10 billion US dollars, and you have nearly 10,000 subordinates in Hong Kong. I really have no intention of being your enemy. Please believe me no matter what."
Shen Dong said, "It's very simple to make me believe you. Just spend money to buy these checks, won't that solve the problem?"
Morris said, “I’d like to know how much the check should be? How much money do you want? In the United States, estate tax is very expensive.”
Shen Dong said, "It seems to be over 1.6 billion, close to 1.7 billion US dollars. I also know that the inheritance tax in the United States is very high, so you only need to give me 500 million US dollars."
With $500 million, Shen Dong could easily earn another $500 million through the stock market or gold futures, which is why he sold these certificates of deposit to Morris at a low price.
Morris said, "My highest bid is four hundred million US dollars."
Shen Dong smiled and said, "Mr. Morris, you said before that you would split it with me."
Morris said, "Previously, we shared the risk of redeeming these certificates of deposit. If I buy your certificates of deposit, it would be equivalent to bearing the risk alone. The two are completely different, so I should earn more."
Shen Dong said, "I understand. The deposit certificate is in Hong Kong Island; I'll send someone to retrieve it. Bring the money over in three days. Once we've confirmed the deposit certificate is in order, we can proceed with the transaction."
Morris picked up a glass of red wine and said, "It's a pleasure doing business with you."
Shen Dong smiled and said, "It's a pleasure to cooperate with you!"
After a satisfying meal, Shen Dong left by car.
As he watched the car slowly disappear into the distance, the smile on Morris's face vanished, replaced by a sinister and cold expression.
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