【REACH OR DIE ON THE WAY】

Tuesday July 8,2008 Thunder Shower*

This morning, at about  5 o'clock, I was woken up by a piece of dulcet light music from FM 87.6, entranced and engrossed.It made the time and space at that special moment deeper and farther and I felt as if I was lying on a great grassland full of fresh airs and purified winds. I know from the bottom of my heart I have been expecting to approach Hu-lun-bei-er great campos, especially its open grazing areas with few population, the mysterious and eternal voice of nature resounding all the time. Also know I have to pay essential efforts to make my dreams into reality. Essential efforts inside this profane world currently mean money and social status,who have bigger voices than any traditional values and moral virtues. I therefore will burn myself to gather and obtain them while keeping my rich and vivid imaginations and passions essential for more meaningful and valuable life far from withered but retaining alive: it seems that writing poetry in Chinese is the last redeemability or salvage.

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It is 09:27 now, Beijing time. Just got an email in English from LI y, my directly-reporting manager formerly, with some overview and work specifications about the upcoming project for campus solutions.

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Memo: ring YANG ej today to schedule an individule meeting for Labor Contract Law. 

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From today on use English whenever possible ignoring orthers'reflections, I mean in daily communication and ignoring whether orthers can catch me. I refused to use it in communications with mainland-grown Chinese before in order to ensure the communications were effecient and smooth.But now I wanna satisify:) them fully since they wanna use it and show off their language capabilities.

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Due to the inconvenience inside this office: being supervised seemingly, I determine to halt the researches and studies on the five target investment banks during working time but do more descriptions for anything surrounding me instead.

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I am sitting at a liquid crystal monitor. On my left side, there is a calendar given by Oracle standing erect on a book without covers. Next to them, there lie my earphones and the mouse with white thread and black line resectively stretching down into the sockets on the  main machine beneath my desk. A little bit far behind them, there is blue partition seperating my workplace from others'. I attached and pasted nothing on the partition since I appreciate simplicity preferringly. On my right side, there is almost nothing except for my old-looking mobile phone and my tea cup and my black bag, who will all dissapear from the desktop when I go off ending a day of working.Behind them on the upper right corner of the partition, there clips a paper, in size of about 12cm * 8cm ,printed with my name. Between me and the monitor, there is a black keyboard on a movable platform. The corridor is lying behind me. Anyone can see what is on my display and what i am doing when they pass by if they want.Towards north and to the end of the corridor, there are a water-purifying machine,a printer, a machine for destroying used papers, and some host machines. On the roof, which is furnished with squared boards, there are some glittering sun-shine lambs embedded in it. The floor is covered with grey mat.

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It is raining now outside. 

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Monday July 7,2008 Overcast to Shower

Very important - by a well-known alumnus,about 40 years old,currently the secratry of CPC committee of Changping district: there indeed exist many many difficulties and obstacles,but you should not give up and on the contrary do your best to overcome them and proceed, and then you will get an outstanding achievement far beyond others.These words in my opinion are the most valuable things I got from the ceremony. 

Eventually signed and sealed yesterday for the diplomas ending a phase of life,another prime time and commencing with a very new and long and even tough journey.A little bit pensive and passionate.Life is short and time is flying by but nothing stays still. Left some words on the network alumni register with gratitudes for everyone who once gave me some favours. 

Plan to consult someone specialized on law, especially on Labor law in order to know the game and then play the game in an advanced manner;also as my first thought,to hire a client on behalf of me to fully claim what I should have. BTW, add something here about the result of my strategical leave last Wednesday: they emailed me this morning saying that they will give me more time for me to adapt to the new projects due to my healthy problem and they have assigned the projects formerly planned for me to other PMs. Enterprise is far different from army, where force,power,command can work very well.Contract spirit is the basic characteristic of modern civilized societies, coopertation and negotiation therefore are the most common ways to go inside an enterprise.

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Tuesday July 1, 2008 Shower 

Briefly keep something relating to my current job before continuing with the researches and studies on Goldman Sachs:  

SHI js, the 'all-round' manager, asked me today to hurry up with the UG projects by teaching myself all about the projects, which is far different from what they (he and CHENG xw) had told me before I accepted to manage current HP projects leaving PS projects for other PMs. They said they would arrange me to take part in the upcoming trainings for new employees and I could know about the projects completedly since I had never experienced them before. However, shortly after I engaged in the current HP projects, they changed their minds and did not let me join the trainings but directly pushed me into the current HP projects asking me to learn the related background knowledge in my spare time. I prepared this morning to take the projects though unhappily requiring someone to introduce the overall situation to me, which I thought is reasonable and efficient. Unfortunately I said in my email reverting to him that 'since my health is with problem, teaching myself with so many materials is a challenge to my confidence. He wrote back soon claiming that I shouldn't think about trainings since this is an information age and I shouldn't take my health problem as an excuse every time when facing new tasks. I forwarded his email to my colleagues asking their helps about how to response his email. I thought his attitude was wild and rude since he had made a commitment why he didn't keep it. Eventually I wrote back to him asking a leave for health inspections Wednesday (tomorrow) and Friday. He didn't write back again and I knew at that moment he didn't find out a good way to deal with my request having to keep silent and silently conniving at my request of leave.  

This is really a strategical leave. 

I will have a good rest tomorrow and will go to finish all procedures and issues for graduation Friday. 

To those who thought and think and will go on thinking I am an idiot: I am more kind than kind and I am more evil than evil. 

(continued)  

Goldman Sachs is the first foreign enterprise who totally controls and owns a joint venture of securities based in mainland China by overcoming the policy obstacle: within any joint venture of fiancé the foreign enterprise may only have a share up to 33%. It did so: literally its partner, Gaohua Company, has a share of 67%; the trick is that the 67% is from six natural investors who got their capitals as commercial loans from Goldman Sachs.( It is a common way and I am wandering why those financial reviewers boast that it is very creative. )   

It once cooperated with Huarong Group and ICBC jointly processing many bad assets to enter into respectively the real estates industry and finance industry and got ideal returns of investment from both industries. 

It tends to take part in the management of the enterprises it invests not like other foreign peers who pay much attention to their investment returns ignoring joint management.(22:26) 

(to be continued) 

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Monday Jun 30, 2008 Misty Gloomy Thunder Shower

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From today on ,I will utilize my time to do researches and studies on the target investment banks while keeping healthy. LI m told me that JP Morgan Chase to her knowledge is much better than Goldman Sachs. I will check it out soon. I will do the job in turn: Goldman Sachs, JP Morgan Chase, Morgan Stanley, Citi Group, Merrill Lynch.

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First for Goldman Sachs. This is a big one with three major business structures: 1.investment banking businesses, including providing financial consultancy for Mergers and Aquisitions, stocks purchasing and selling, arrangement of corresponding loans and ficancial services (serve who needs capital); 2.transaction and capital investment businesses, including offering products with fixed incomes,stock products, derivative products(serve who offers capital);3.asset management and securities services,including offering asset management for institutional investors or rich individuals, hedge funds, pension funds, and common funds (compared with points 1 and 2, this business can be put under client or proxy services).

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The organization structure for the investment banking department covers sorting by industries: consuming products and hygiene and health care, industrial natural resources, financial institutions, financing team, technology and media and telecom, real estates, financial sponsoring.

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During a Merger and Aquisition, Goldman Sachs not only utilizes common ways, including,loans ,stocks, bonds issues,negotiable stocks, to support the financing requirement, but also leverages financial derivatives,such as futures, to hedge and divert overall risks meanwhile earn extra benefits. (to be continued)

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When sitting at the screen and intending to write down something, I do feel void or nothing. I am nothing indeed at this moment. I planned to write something daily, but I did not keep it every well. Even many continous weeks past, I have not written anything at all. I must change the current situation adapting my attitude to the outside effections: the so called leaders to this department are digging their brains to find out some ways to tease or chase away who they don't like.They can't win big-benefit projects and big clients and they can't enlarge the market share of our localization services while losing repuations within the circle with low-quality services and products delivered to clients. Now they are diverting inwards: they are trying to find faults or mistakes from whatever you are doing. They, for example, are eyeing every emails in your communication with clients or with colleagues and finding out nothing as they have expected when they say you should pay much attention to format of your emails and try to change whatever you have written: long sentences into short ones saying you should make it concise and vice versa saying you should make it formal. Here I can't help to point out that the biggest leader CHENG xw is a funny woman with a mess and illogical brain: she changed my stentences (in fact not mine since they are from the stupid template) "If you have any questions, please don't hesitate to contact me" and  "Regards" into "Any questions, please let meknow" and "Best regards," saying to make them concise.To make them concise! Funny! Anyway I can't allow myself to feel frustated again and it is no need to be serious with such funny men and women. I will concentrate on the meaningful parts of the world. I will do my best to seek or search for joys from each moment of daily life no matter it is full of sorrows, pains, hates, or anything else, if with no joys found, I will create joys from nothing, which is the fundamental principle I am living by from now on.

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With the "all-round" man, SHI js, out of the office,perhaps busy with trainings for new employees, I am totally free for the whole morning to ingnore any work emails but do what I really wanna do.

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Also I will find out a way from today on to make me persistent with English writing daily!

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I will participate the ceremony in Centrury Celebration Hall this Saturday, Jul 5,2008.

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P.S 1

Yesterday played table tennis in Beijing Forestry Uni.with XU sg, a man in his 40s or 50s.I did my best to serve him: I controlled each return to his right court for his proceeding attack or loop. But he was not so satisified because I did not provide aggressive return with force but blocked a lot causing he couldnot utilize my force but had to rely on his own. However, he could not attack or loop well for his force was not right on the ball and asked me to attack with force. I did as he requested but they were less rounds before the ball flied off the court. Interesting dude! Usually my coplayers tended to ask me not to attack with force but block and control a lot for them to practice attack or loop continously providing me with few chances to pratice attack. Happily found I had improved a lot my tips on anti-attacking loops with the kind helps and instructions of Deluge (hong shui) telling me to release my big arm and put the touching point far off from my body.

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P.S 2

KE r's wife WANG h gave birth to a he baby in Haidian Maternity Hospital last last Saturday,Jun 21, 2008.

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Friday Jun 13, 2008  Misty or Thunder-rain(possible)

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Eventually Passed the QA of paper the day before yesterday after picking up an answer from scratch for the tough question, raised by HUANG gt, on summarizing the general and fundamental preconditions for Chinese enterprises to implement Cross-border M&A. Frankly, the question was a

big headache to me at the moment and I had to confess to the QA council that I had not studied enough on the issue. I thought I would study it again and again till master it and asked whether HUANG gt minded leaving his phone number to me and I would  go to   learn   and communicate the issue with him when he is available. 

An urgent and essential enhancement: accounting knowlege for finance analysis. [Note: Debit = (e-resource To),Credit = (e-resource From)]

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Next Peak: Goldman Sachs or Citigroup or JP Morgan Chase or Morgan Stanley Dean Witter & Co.or Merrill Lynch.

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Perchance because I am from the mountainous region I naturally put  mountain as a metaphor for life. Now after a long and wild and tough way of climbing, I am indeed so tired though excitedly finding that there are more landscapes waiting for me, and I very much want a rest from the bottom of my heart, but some voice seemingly in this grim moment shouts at me, a mysterious force pushing me ahead, so strong! I therefore can't linger here and I am also aware of that I still have a long way to go.

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Past has past! It is a new beginning! Yes!!!

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I don't know whether or when I will reach the peak for climbing upwards will be a real chanllenge. Tired, lack of enough power to walk fast or even to stand straightly, and without any help or support or guidance from anyone else, I don't know before that peak in glory how many traps or canyons I have to jump over in the way. I don't know whether I will really get a chance to catch or embrace what echos in fables after I arrive at the peak at last. I don't know whether the sunsetting and sunrising at the peak are different from here. I don't know whether standing alone or with the Ms Right at the edge of precipice and in the wild whirlwinds of life,I can be quiet as an enraged sea down to dead after unprecedented storms or feel happy or satified as an innocent child or as a purified worshipper before his god. I don't know at that time whether I can still feel ecstasies or attractions with a withered heart or mind.I don't know  whether  I will  lament  that  it is  a pity  that life can not be recycled.  

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But I do know I can't help lingering here.

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I might lose my may confusing which direction is right. I might lose my body lying dead in the way to the pre-set target, the peak. I might lose my soul turning into entirely nothing. I might lose all!

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However, I will never regret again!

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It is without any doubt a new beginning!

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This time, for this new partition of the long way of life, I will not rush hating being a flesh-built man not a rocket towards the target while ignoring or forcing myself to ignore all the enjoyables along the way. I will never do that again I swear!  I will spare any time to enjoy life while approaching the peak in scheduled paces. I will appreciate every day,experience every ecstasy hidden in each merited moment of life,with my heart and differentiate its details. I will in the closest distance see flowers,grasses,trees,or any other unnamed vegetations dancing in the sunshine,by the moonlight,   or in  the  stormy or    thundering rain along the both sides of the way.

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P.S. Yesterday played table tennis with ZHAO, a man in his 40s. I used a lot the attacking technique of long pimple: aggressive push. Almost all the back-spin serves from him were attacked by me with full strenth no matter in right or left court. He was annoyed visibly due to his frequent

failure on the following hit after the first hit blocked back by me with long pimple. At last I persuaded him to practise looping more and try not to use attacking when it is not the right time.   

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Tuesday Jun 10, 2008 Misty or Gloomy

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So lethargic due to a pain-piller in this morning.

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The world is changing all the time. So am I!

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I never took medicines as a youngster of 20's defying flu or cold or fever. At that time I did believe myself with the born ability of anti-virus. I secretly to myself believed that I could extend my life span much longer than normal or common persons when unfortunately and unexpectedly with a burst-coming cancer.Without any rational thoughts or

reasonable conjuncture, I always believed I would survive at least lasting to the age of 90 years. Still remember the cold-to-icy water bathing every night in every long and cold and wet winter in Gy before going to bed. At that time, now I think the prime of my life, I was a crazy worshipper of Chairman Mao, believing I by my own power could control and govern my destiny and beat down any doom of life.

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Thursday  May 29, 2008   Clear

After continous efforts of many nights, eventually, draft of my paper was done on May 11, 2008, not long after when I sent it to Wang W via email and let it printed on Sunday for Liu W.  Haply Zhang ym will go to print her draft also on the same day. I therefore told Wang W to contact her in case of anything unclear to print it. Last Monday, May 19,2008, I called Zhang ym asking whether Liu W had phoned her about improvements or changes of her paper draft. She said Liu W was very buzy and moved our drafts to another teacher surnamed Song. Last Friday, May 23, 2008, I called Song in order to know whether my draft need be polished. He said it was no need to do it and he had delivered it to some specialist outside the University for review and it had been returned to him. I thus didn’t need to send him another copy for review and he would send the returned one for review from another specialist who must not work for or belong to this University. This is not out of my expectation very much. I have worked so hard not only in the preparation period but in the writing process. In order to make a perfect and well-logical catalog or framework, I read many materials and the reading process costed me too much time. Now my paper is eventually finalized and will be QAed on June 11, 2008. It is a big job with over 36 thousand words. Here is the abstract:  

Enterprises’ Perspectives: Cross-border Mergers

   and Acquisitions from Chinese 

Enterprises

CHEN sn (Finance)

Directed by LIU W

Since 2005, the movement of Cross-border Mergers and Acquisitions from Chinese enterprises has witnessed overwhelming tides, companied by important opportunities for them to be multi-national enterprises with comprehensive capabilities participating global competitions. Throughout the history of Cross-border Mergers and Acquisitions, most failed eventually. Therefore, it is an urgent requirement to aggrandize the success of Cross-border Mergers and Acquisitions from Chinese enterprises. Based on the combination of some cases and fundamental theories on Cross-border Mergers and Acquisitions, the motives, history, current situations, and various limitations of Cross-border Mergers and Acquisitions from Chinese enterprises were analyzed, researched, and studied with a conclusion of that the macro environment for Cross-border Mergers and Acquisitions from Chinese enterprises is not yet mature. From the perspectives of specific manipulation, it is thus practical to increase the success of Cross-border Mergers and Acquisitions from Chinese enterprises by enhancing management and control of the thorough procedure, i.e., strategy, implementation, and integration of Cross-border Mergers and Acquisitions. 

Key Words: Chinese Enterprises, Cross-border Mergers and Acquisitions, Strategy,  Implementation, and Integration