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

Chapter 399: Come up with a bad idea to trick an old beauty into seducing her

Everyone present grimaced.

They are the richest people in Sakura Island. If you say they are stupid, you have seen too many dramas.

To get to this point, they are undoubtedly the most business-minded people in the world.

From the moment Wang Lei proposed to all banks to securitize mixed bad debts, they knew that this was not a good idea.

But they were eager to pass on the financial pressure on banks.

On the other hand, they are confident that as long as there is human control, these subprime mortgages will not cause much negative impact.

The only thing they did wrong was to underestimate human greed.

A salesman will take desperate risks again and again for a bonus of tens of thousands of yen.

Senior management will selectively lose sleep for the sake of performance.

Even regulatory authorities and loan review departments will lower the bottom line again and again in order not to be isolated by banks.

When everyone is doing the same thing, the few people who are clear-headed will be very miserable.

They will appear out of place, often with tragic results.

When these consortium executives looked at themselves again, they found that everything was out of control, and everything was like a wild horse running wild.

"reform?"

That's what kills.

The blood-sucking and ruthless plutocrats will not care about the life and death of their subordinates. They will indulge in illusory illusions. Perhaps in a lonely night, they will truly reflect on themselves.

There is no regret in this world, but if they had to choose again, they would still take the same path after weighing the pros and cons.

For no other reason than if they don’t engage in subprime mortgage business, they will be swallowed up by other consortiums.

In the subprime mortgage business, at least they had a trouble-free life and their pockets bulged.

As the beneficiaries, they will not have any resentment towards Wang Lei, the instigator.

Instead, they rely more on psychology, because with Wang Lei's help, they have successfully passed two major crises.

Wang Lei soon had an idea.

He said thoughtfully:

"Now the only people who can help you take over the business are the Americans who have a recovering economy and abundant funds."

At this time, the beautiful country accounts for a quarter of the world's total GDP, and the total exceeds 14 trillion US dollars!

It is fully capable of digesting Sakura Country’s subprime mortgage products.

"Mr. Wang, these ladies are not stupid. How can they buy something that is obviously going to make a loss?"

The person who said this was the president of Mitsubishi Bank. His Mitsubishi Bank had the most terrible debt and he did not think that the United States would be willing to take over.

Based on their understanding of Wall Street capital, it would be great if they don’t take the opportunity to jump into trouble and make any harsh demands.

Wang Lei smiled contemptuously at him and pointed him out:

“You can re-package the product, add water to the seafood, and sell it.

Aren’t you very good at packaging products, and you want me to teach you how to do it step by step? "

The big shots in Sakura Island were all speechless.

Most people had expressions of reluctance and hesitation on their faces.

It was obvious that he was still taking chances and was reluctant to take out some bait.

Wang Lei saw their expressions and said sarcastically:

"I'm not telling you that you can't trap the wolf if you don't want to let go of your children. If you hesitate for a few more days, I'm afraid the situation will continue to deteriorate... and then the whole country will follow your lead!"

Mitsubishi Chairman still said stubbornly:

"No, sir, you know the real estate bubble, we are still alive and well."

"Look at Mexico and the countries that receive IMF assistance. When the time comes, your companies will change their ownership, and you will be completely reduced to workers in the United States.

Not to mention semiconductors, you have to hand over whatever good stuff you have, and the teachers have to travel across the ocean to be infantry! "

Teachers are one of the characteristics of their country, which immediately touched their sensitive nerves.

It's better to cut the meat yourself than to have someone else snatch it.

They whispered to each other and started discussing, and it took them half a day to make the final decision.

"Why did your discussion come to an end?"

"We all feel that your method is the wisest, so... we decided to join forces to develop a new financial product. We hope that your Bailong Financial Group will also join in and put on a good show for Lao America."

Oh, Wang Lei raised his eyebrows, he was trying to defraud the whole country.

He couldn't help but prick up his ears and said with a smile:

"How do you think I should cooperate with you?"

"After we repackage the subprime mortgage products, we hope that you can act as a 'drag' to drive up prices. When the time comes, we are willing to give you [-]% of the proceeds."

Wang Lei didn't expect to come up with an idea to divert trouble to the west, and there would be unexpected gains.

But he had an extra point of view and smiled:

"In order to prevent anyone from leaking the news, how about we sign an agreement together. If someone is not proactive enough or exposes flaws, he must compensate others for all their losses!"

They had finally been united in their little days, but because of Wang Lei's words, they began to become suspicious of each other.

They all demanded that a treaty should be signed now, and those who violated the treaty would be attacked in groups!

Seeing this scene, Wang Lei nodded with satisfaction. He couldn't let them get too close to each other, otherwise they would definitely deceive him, an outsider.

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