Chapter 362: Capet Center Building

In East Manhattan, inside a private high-rise apartment at Trump World Tower, Charles held a lady in his arms, feeling the sensation of her curves. "Honey, your figure is just too irresistible!"

Ivanka Trump, with a blush still on her face and traces of sweat, said weakly, "Is your body really that amazing?"

Even someone as strong as Ivanka found it hard to withstand Charles' energy.

"No, it's mainly because you are too enchanting," Charles said while squeezing her gently.

"By the way, do you really want to buy the Miami Dolphins?" Ivanka asked again.

"Is that even a question?" Charles' Arsenal was about to win the Premier League this season and had reached the quarter-finals of the Champions League, facing Liverpool from the same league.

As America's national sport, football held the highest commercial value. Owning an NFL team symbolized high social status.

Of course, the premise was having money! The owners of NFL teams were often family-operated, and transactions were infrequent.

"But you already own Arsenal. Do you really want to buy a football club?" she asked.

"Not just that, I also want an NBA team," Charles smiled. CSE (Capet Sports Entertainment) was going to be a diversified sports entertainment group!

Ivanka nodded. "True, you are quite the billionaire now!"

Although Ivanka didn't know that Charles had made tens of billions of dollars by shorting the real estate market, she knew that the valuation of Capet Entertainment alone was already substantial.

"Alright, we still have time, let's continue," Charles said as he leaned down to kiss the lady.

...

The next day, Charles had people from Capet Sports Entertainment start approaching Wayne Huizenga, the owner of the Miami Dolphins.

Is Steven Ross richer than him?

The full-blown U.S. subprime mortgage crisis had Wall Street in a panic, resulting in unemployment, bankruptcies, and damaged import trade, affecting not just America but global markets too.

The Federal Reserve started cutting interest rates again at the beginning of the year. Bear Stearns, the fifth-largest investment bank, was the first to fall on Wall Street, acquired by JPMorgan Chase for millions of dollars.

One of the world's two largest financial institutions, the International Monetary Fund (IMF), announced that global subprime losses exceeded one trillion dollars!

In Capet Fund's office, Charles sat on a chair, enjoying the view of Wall Street through the floor-to-ceiling windows.

A while later, Dona Williams came in, looking at her boss as if he was Jesus.

"Boss, are you really going to invest an additional $5 billion in U.S. bonds?" Dona Williams couldn't believe it. The net profit from Capet Fund's shorting this time was nearly 10 billion dollars, even after taxes, interest, and repaying the $1.2 billion bank loan.

"Why not? With this $5 billion, we can buy over $16 billion worth of bonds overseas!" Charles turned around, smiling at Dona Williams.

"You should buy some too. It's a guaranteed profit."

Adding the previous PS400 million, which is $800 million, they have a total principal of $5.8 billion.

Now, the dollar is weak, and with so many dollars in hand, investing in U.S. bonds is the best option.

When the Federal Reserve ramps up printing money, and the dollar strengthens, they'll profit even more. America has always been about draining the world.

If all goes as planned, the stock market will bottom out next year, and the U.S. government will stop the dollar's outflow, print more money, and increase the deficit. The dollar will strengthen against the euro, pound, and yen!

"Georgia isn't peaceful right now. Last year, America stirred up trouble in Eastern Europe. Once war breaks out, the euro will be hit hard again," Charles said with a certain meaning.

The Russo-Georgian War was about to start!

America always started a major foreign war to divert domestic crises, like the Gulf War after the 1987 stock market crash, and the Asian Financial Crisis after Asia's economic rise in 1997. The EU, afraid of America's financial wars, formed the Eurozone to counter the dollar, prompting the U.S. to start the Kosovo War, igniting European conflict, thus driving international capital back to America, fueling the dot-com boom.

This led to America's tech bubble, right in time for the 9/11 attacks, and then they launched the large-scale Iraq War!

Dona Williams nodded, "I've also invested in U.S. bonds. Boss, your foresight is never wrong."

"Did you find out if Wayne Huizenga is willing to sell the Miami Dolphins?" Charles changed the topic.

Dona Williams nodded, "Yes, he has already discussed selling the Miami Dolphins, Dolphin Stadium, and surrounding land with real estate mogul Steven Ross!"

"The estimated price?"

"Around $1 billion, but we need to compete with Steven Ross and others!"

Charles nodded. Wayne Huizenga made his fortune in waste management and recyclable energy and later entered the car rental and entertainment industries, even being a shareholder in Blockbuster.

"Prepare the funds. CSE should have its own NFL team," Charles said as he lay down on the sofa, resting his head on Dona Williams' lap, who naturally started massaging his head.

"No problem!"

"And this building is for sale, right?" Charles liked this building located at 56th Street, southside, between Sixth and Seventh Avenues in Midtown Manhattan.

Standing at 248 meters high with 75 floors, a mixed-use skyscraper completed in 1987, located south of Central Park in New York, the location was convenient!

"Boss, you want to?"

"That's right. If it's under $1 billion, just buy the building," Charles was definitely smarter than Jared Kushner, whose Kushner Companies purchased 666 Fifth Avenue and lost almost $1.1 billion.

With high-interest loans and mortgages, monthly payments were as high as $3.2 million!

"In that case, we have to pay in cash!"

Dona Williams had no objections; cash held significant attraction at this time.

"No worries, we can always mortgage it for loans later," Charles was unconcerned. With over $20 billion in cash, what was there to fear?

"Got it!"

"Once acquired, rename this building to Capet Center Building," making it the East Coast headquarters of Capet Group.

*****

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