Chapter Three: The Cheapest Entrance

But its collateral includes a twenty-year lease at forty percent of market rent. The transfer value alone exceeds the balance. If you sell at sixty cents on the dollar to Chairman Gu's affiliate, what will next year's auditors call it?” The officer's hand stopped. “What do you want?” “Forty-eight hours of exclusive due diligence.” “Can you produce $2.88 million?” “Not today. Gu doesn't know that.” That afternoon, the bank sent Lanting notice of a competing bidder. Panic reached the chairman's office. Gu had planned for Mountain & Sea to acquire the loan cheaply and force Lanting into default. A third-party buyer could wreck the controlled bankruptcy. Cheng summoned Lin to the alley behind the restaurant.