The rebirth of the Hong Kong Island chaebol, starting with a short-selling Eagle Sauce

Chapter 200 Bad idea, subprime mortgages are transferred again, profiteers, profiteers

Those whose names were not called dared not look directly into the eyes of President Sanye.

Like a primary school student who is afraid of being called out.

"If you have no objections, I will announce the first list of failed banks."

Everyone held their breath for fear of being called by their bank's name.

"Hyogo Bank and Hanwa Bank, you two are already insolvent, but you must also be prepared for asset liquidation. Do you still have any objections to being the first bank to fail?"

With Li Qilin's phone call in advance, the two families would naturally have no objections.

I accepted this result very calmly.

"The Bank of Hyogo has no objection!"

"Hanwa Bank has no objection!"

When some bankers saw this scene, their faces turned pale.

These two guys are useless. It involves personal honor and the future of thousands of employees, but you didn't even protest.

We all planned to wave the flag and cheer for you, but now we have nothing to do with our strength.

Even the sufferer himself didn't have any opinions, so others naturally had no room for improvement. Everyone had to accept the result in front of them.

Seeing that no one challenged his authority, Mino Shigeyasu nodded with great satisfaction:

"Dismiss!"

After he left, Aida Ichiro and President Hanwa also left in a hurry.

According to the agreement, they must keep good accounts and hide some valuable assets to satisfy the big boss who takes over.

And the remaining bankers got together.

They complained among themselves about the dire economic situation.

The interest rate hike has caused their borrowing costs to rise, and accordingly they have to raise loan interest rates, which has also caused the bank's main business to fall into stagnant water.

The public is more willing to put their money in very large banks. Among more than 100 banks, only Sakura Bank has a decent business.

With no deposits and no business, most banks have fallen into an endless cycle.

So bankers are helpless against this deadly cycle.

Each of them put on a mask of pain.

"If we can't make any changes in a short time, I will definitely be the next one to go bankrupt!"

"Our Citizen Bank is not much better. If we continue like this, bankruptcy is inevitable."

"What should we do? Is God going to destroy us?"

Everyone was scratching their heads and had no idea. In the past, the big brother of the Bank of Japan Head Office was standing in front of us.

Now that Big Brother has left them to fend for themselves, they realize how difficult the road ahead is.

Just then a fat guy suggested:

"We might as well ask Mr. Wang Lei for advice. I'm sure he will have some ideas."

"Yeah, why didn't I think of that.

Mr. Wang Lei is a financial genius. Even when the economic situation is so uncertain, Bailong Gold Exchange continues to expand its business. He must be able to give us an answer. "

"Go together, go together."

Seeing everyone driving towards Bailongjinsuo, the fat guy nodded.

Reported the progress to Li Qilin.

"You have done a good job. Bailong will not treat his own people badly. You can come to me at any time to seek a new job."

"Thank you, President, thank you, President."

A group of people arrived as scheduled, so that the underground parking lot was completely filled with colorful luxury business cars.

They didn't notice that Wang Lei had been waiting here for a long time.

After these people explained their intention, Wang Lei smiled:

"How do you bring the business back to life, but our White Dragon Consortium's business secrets are not disclosed to the public. If you want to know, it is not impossible..."

"Sir, if I want to learn from you, how much tuition do I have to pay?"

It's so comfortable to chat with smart people.

Everyone also asked:

"How much, please give me a price."

Wang Lei stretched out his fingers:

"It's not expensive, [-] million yen per student!"

Everyone was shocked, this is not expensive, there are so many of us.

If it were fully chargeable, wouldn't it be possible to earn billions of yen just from tuition fees?

Everyone fell silent. Such expensive tuition made them a little bit prohibitive.

"Don't think it's expensive, Li Qilin will teach you how to make a fortune step by step. I guarantee here on my reputation that as long as you follow what we teach, everyone can solve the problem of financial deficit in less than two years!"

What's more, you don't have to pay this money yourself, it can be transferred to various banks' accounts. "

Everyone started whispering again, is Wang Lei's reputation worth anything?

It must be valuable. This is the holy father and financial giant recognized by the public on Sakura Island. With him as a guarantee, everyone sees the hope of solving the deficit.

And this money should indeed be paid by the company, there is no need for them to pay out of their own pockets.

However, I still feel that the tuition fee of [-] million yen is a bit expensive.

"Everyone, if you can't solve the deficit problem in two years, I am willing to refund your tuition fees."

Li Qilin, who was well prepared, even came up with a contract, which included a confidentiality agreement and various additional contracts.

After everyone read the contract, they all felt that it was reliable. Many people immediately took out their association seals and signature pens and signed their names on the contract.

Wang Lei was not afraid that they would default on their debts, so he asked Li Qilin to take him to learn and visit the core business of Bailong Credit Financial Institution - subprime mortgage securitization!

As for the remaining people, Wang Lei said in a persuasive manner:

"Everyone, this is your last chance. Compared to those who didn't come, you are at least lucky. After today, I will not accept any more students."

"Sir, can we consult you if we encounter any problems in the future? Will you charge me a second time?"

"No, I will answer any questions you have about business whenever I am free."

These people are all very happy. Wang Lei has the ability to turn stone into gold and can become his student. The [-] million paid by the company is well worth it.

They no longer hesitated and signed their names on the contract and confidentiality agreement.

After doing the math, a total of 60 students paid tuition and could receive a total of 60 billion yen.

Wouldn’t it be possible to acquire Hyogo Bank and Hanwa Bank?

On the other side, those who studied with Li Qilin were dumbfounded when they looked at the busy traders.

What they saw was that the worthless bad loan contracts in their eyes were mixed with other products and turned into new financial products with considerable profits. They made crazy profits in the securities market and were rushed to buy by investors.

No one accuses Bailong Jin of being shameless. Isn't this a lie?

But the inherent nature of the financial industry is to deceive people.

According to the laws of Sakura Island, such an operation is completely legal and compliant.

They realized that this business was the key to solving their deficit.

But they have sold off many non-performing subprime mortgages before. Where can they find such cheap and extremely low-cost subprime mortgages now?

"Don't worry, everyone. Bailong Financial Institution has a large reserve of subprime mortgages. As fellow disciples, we at Bailong are willing to sell these subprime mortgages to you at a discount."

Everyone was a little speechless. They had obviously sold this to Bai Long before, and now Bai Long wanted them to buy it back at a higher price.

A profiteer, a profiteer.

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