National Tide 1980.

Since Black Monday, many people have predicted that the Japanese stock market will crash, the most famous of which is hedge fund manager George Soros.

Although his losses worsened because he withdrew his funds from Japan and invested in the US stock market.

Even in this global stock market crash, compared with most capital markets, the Tokyo stock market has shown the most resilience.

But in Japan, there are still many "hindsight experts" who worship foreign things and cite Soros's article published in the Financial Times on October 1987, 10.

Therefore, Japanese securities firms had a hard time during the period after the stock market flash crash.

In particular, representatives of the four largest securities companies, Nomura, Daiwa, Yamaichi and Nikko, were summoned to the Ministry of Finance and received orders from the authorities to create a market for Nippon Telegraph and Telephone Corporation's shares and keep the Nikkei index above 21000 points.

These securities firms are almost driven crazy by the mandatory orders issued by the government.

You know, even though the four largest brokerages account for more than half of the Tokyo Stock Exchange's trading volume, the problem is that they are facing a market with low sentiment.

It is difficult to turn the situation around at the moment.

If they are forced to heat up the market environment again, how much money will it take?
Especially since the NTT market was so large, it was not easy to barely hold on to this big guy that had fallen from 3 million yen to 2.3 million yen without sliding all the way to the bottom.

How could they trick the Japanese people into buying 1.5 million shares at the official price of 2.55 million yen?

It’s too difficult, really too difficult!
In fact, as long as the four major brokerages slightly pull up NTT and want to pull up the index through this heavyweight stock, countless selling orders will pour out.

I can’t finish it, I can’t finish it at all!
So even though the four major brokerages have tried every possible way to reverse the market's downturn in recent times, it has been basically useless and has instead increased the losses of their proprietary trading.

Therefore, in this situation, the brokerage firm has no choice but to resort to shady methods to make up for losses and increase funds, that is - manipulating stock prices.

You know, Japan’s economic system is sometimes described as an example of “network capitalism,” the core of which is political

An "iron triangle" consisting of customers, bureaucrats and businesses.

The bubble economy created an alternative network of interpersonal relationships, in which speculators, banks, brokers and politicians came together for the purpose of speculating and making profits.

Moreover, since most stocks are already part of long-term cross-holdings between companies and banks, it is relatively easy to manipulate stock prices and hoard stocks in Japan.

In addition, because the stock market is rife with rumors and gossip, Japan's retail investor sentiment is very easy to manipulate.

So at this critical moment, the four major brokerage firms simply used their large holdings in the media to manipulate the information available to their clients.

Today, during their morning meetings, the four major brokerage firms conspire together to decide which stocks they will promote that day.

Once the brokerages have determined which stocks they are going to drive up, they will reveal this information in advance to privileged clients, such as bankers, bureaucrats, politicians, wealthy people, and even Yakuza.

The four major brokerage firms all use this method to encourage their important clients to return to the market and thereby guarantee investment returns for those in the circle.
This method is also the only reliable way to make money. Anyone who colludes with securities firms is like having access to a money printing machine.

Although Japan has laws against insider trading, no one cares.

In fact, even the Japanese government is an accomplice and naturally turns a blind eye.

Needless to say, among the four major securities firms, Nomura Securities, the most powerful one, is the leader in speculation.

To this end, in addition to hyping up stocks related to the Tokyo Bay development, Nomura Securities is also preparing to preheat stocks such as maglev trains, which have not yet been verified.

In addition, they also launched the "Nomura Piggy Bank" plan to target the limited spare money in the hands of as many as five million housewives under their company. They raised funds by selling funds to these housewives and invested the funds in the speculation of theme stocks.

It can be said that the financial resources of all customers have been squeezed out as much as possible.

In short, during this period of time, all branches of Nomura Securities have become battlefields, especially key branches such as the Central District Branch, which are extremely busy.

Before the market opened, the already limited preparation time was compressed to half.

Under the dual pressure of government orders and performance indicators, everyone feels suffocated.

So much so that all the people in the sales department feel like they are riding a unicycle as soon as they get to work, and they have to ride hard from the opening of the market until the closing time.

You can't stop at all during this period, as you might fall down at any time if you stop.

Then I have to continue working for another six or seven hours before I can truly finish my work for the day.

Even the senior management of the sales department is the same.

Because this is a special time, even the general manager of the Chuo District Sales Department, Kanji Goto, no longer has his usual leisurely spirit.

In order to complete the task targets assigned by the Japanese government, the four major securities firms would each issue instructions to the heads of their subordinate business departments after daily consultations, requiring them to conduct proprietary trading and fund trading according to the plan and to support the market together.

Therefore, Goto Kanji had to attend a meeting at the company at seven in the morning and could not go home until eleven or twelve at night.

Such work intensity made it difficult for a person like him who had always lived a life of luxury to adapt, and he was inevitably exhausted both physically and mentally.

It has been two weeks and he has had no time to take care of his family, let alone play golf.

This not only caused his wife to complain a lot, but also made his own mood extremely bad.

As a result, no one in the sales department dared to look him in the face, for fear that a glance would inadvertently anger him and bring disaster upon themselves.

It can be said that Goto Kanji has now become a tiger in the sales department, and even the middle-level managers will tremble when they see him.

Just look at this day, on November 11, when Goto Kanji was sitting in his office, nervously watching the changes in the market, someone knocked on his office door.

Being interrupted, he immediately started to curse angrily, "Who the hell is that? Get in here right now!"

When the head of Section 2 walked in, the noisy sounds of "Bought!" and "Sold!" from outside filled the office.

This made Goto Kanji feel even worse.

But he also noticed that this subordinate looked a little strange. It was as if he had seen an elephant break into the sales department. Although he was cautious, he was full of surprise and forgot to smile at his leader.

"What's the matter? Why don't you say it quickly?" Goto Kanji asked with a frown.

The answer from his subordinate immediately made him understand the reason for his distraught expression.

"General Manager, Sagawa from Sales Section 3 is here! He wants to see you..." The head of Section 2 bowed and reported to the boss in a low voice, "Look..."

"What? Who are you talking about?"

"Sagawa, Kenichi Sagawa. Former head of Section 3."

"What? He actually dared to go back to the sales department?"

"That is to say, not only has he done nothing at work, but he has also been absent from work for several days without any reason. Doudou from the sales department has already sent him a letter of resignation. Yet he still has the audacity to come to the company. I think he is here to ask for his performance commission and retirement pay..."

Goto Kanji finally exploded with anger, "How ridiculous! He is dreaming! Call him in! I want to ask him how he can be so shameless! This damn bastard! Don't even think about taking another penny from me!"

It’s no wonder that Goto Kanji was so angry. The key point is that he is now extremely disappointed with Sagawa Kenichi and hates him to the core.

6◇9◇Book◇Bar

It turns out that in his heart, Kenichi Sagawa is a loser who has been relying on his seniority to get by in the company.

The key point is that he kept lying to himself, claiming that Ning Weimin, a big customer, would increase capital investment, but he only saw capital outflow and no inflow.

Especially when the stock market crash came some time ago, Kenichi Sagawa actually sold all the stocks of this big client in one go, and without even informing the company, he transferred more than 12 billion yen privately.

And after that, perhaps because he was afraid of being scolded, he simply stopped coming to work and stayed at home using the excuse of being sick.

Even though the sales department has been very busy recently and the department called him specifically to urge him to come to work, he still refused to come.

Goto Kanji could no longer tolerate this and fired him.

He ordered the sales department to send a letter of resignation to Kenichi Sagawa.

After all, Nomura Securities doesn't keep useless people. When the sales department was at its busiest, even he, the general manager, was exhausted.

This bastard Sagawa actually had the audacity to use his cleverness to be lazy and didn't even put in any effort.

What's the use of such subordinates?

He deserves to be cut into pieces.

So after a while, when he saw the person he hated so much again, he didn't even give him a seat and started scolding him.

"Sagawa, you have a pig brain. How dare you come back? Let me tell you, you were fired for absenteeism. The sales department is already lenient enough not to hold you accountable or punish you for the losses you caused to the sales department! Giving you a salary is like giving a reward to a beggar! Don't push your luck! Apart from that, you won't be paid a single yen. If you are not satisfied with anything, then take legal action. Nomura's legal department is ready to sue you in court at any time..."

However, everything became more and more strange. Sagawa Kenichi, who was scolded, did not feel any shame. Instead, he said with mysterious confidence, "You are wrong. I am just here to clarify the misunderstanding. I hope you can withdraw your decision to fire me..."

"What? Misunderstanding? Where is the misunderstanding?"

Not only did Goto Kanji laugh out of anger, but even the head of Section 2 who brought Sagawa Kenichi in was stunned.

"Asshole, do you think the sales department will accept someone like you again? Sagawa, stop it and clear your mind. You are no longer an employee of Nomura. Pack up your things and leave. If you continue to make trouble, I will have to call security to ask you to leave..."

At this time, Goto Kanji reached out his hand to stop the Section Chief who was scolding for him, and said in a sarcastic tone, "Sagawa, if you want to work so much, I have a suggestion. Why don't you get a sex change operation and become a woman. In fact, for a guy like you, being a housewife is more suitable for your current situation! You occupy this position but can't do the job. Aren't you just wasting social resources? I really regret promoting you to be the Section Chief. This will be the biggest misjudgment of my career..."

Unexpectedly, Kenichi Sagawa was also angry. He smiled coldly and dared to talk back. "Mr. Manager, why can't I do this job? I know clearly what the duties of a stockbroker are. In fact, not only can I do it, but I can do it with ease. What's the point of being a section chief? With my ability, I should have been a department head long ago, and the general manager of the sales department may not be incompetent. It's just that you are blind. I tell you, what I want to refuse is meaningless consumption of me. Do you understand? It is precisely because I am capable enough that I want to focus on meaningful practical work. I want to help my clients make money. Instead of people like you who know nothing and just waste my time with trivial matters. I have always wanted to ask you, Mr. Manager, what do you think of me? What do I think I am? A novice who grinds his teeth with housewives every day? Do you want me to work from morning till night every day to help you sell some funds and bonds? Is this a good employee? You are the ones wasting social resources! In addition, I also reject your unwritten motto - to "speculate until all the customers' money is gone". What is this? Just for the transaction volume and commission, you let everyone repeatedly help customers buy and sell stocks without mercy, resulting in their average annual return on investment of less than 4%. Do you want me to be such an irresponsible good employee to customers? Then I am so ashamed. And you underestimate me too much. I am not stupid enough to harm the interests of my own customers..."

The head of Section 2 was completely shocked. He had never heard such outrageous words before.

Goto Kanji, the direct target of the criticism, was furious. "Sagawa! I think you are really looking for trouble! Since you don't want to leave here peacefully? Well, just wait for the court summons. Who allowed you to transfer tens of billions of customer funds without authorization? I will hold you accountable for acting on your own initiative and not following the procedures, causing losses to the company..."

Rampant, really rampant!
This was the only feeling that Kenichi Sagawa had for Kanji Goto after he returned today.

He really couldn't imagine that there were such people in the workplace - they actually dared to overthrow their superiors.

Is the relationship between superiors and subordinates just a decoration?
Bastard! Idiot! Lawless!

"And you, go get someone to get this guy out of the sales department right now. If he doesn't behave himself, call the police..."

The head of Section 2 received Goto Kanji's order and shuddered all over. He immediately bowed and said, "Yes!"

He knew just by observing his boss's expression that he was very angry this time.

If the anger in Goto Kanji's eyes were materialized, it would burn down half the office in an instant.

Of course, he really opened his eyes this time.

In Japan, any large company implements a seniority system.

What is needed is that employees follow the rules and do things step by step.

In the workplace, who hasn’t been hit on the left cheek by the boss and immediately offered the right cheek with a smile?

Who would have thought that there would be someone like Kenichi Sagawa, who would turn around and slap his boss in the face after being scolded a few times?
How has this kind of person managed to stay alive and not be tortured to death by his boss?
It seems that the general manager is indeed to blame for being too indulgent towards him.

However, just as the head of Section 2 was about to go out to call for help, Sagawa spoke again.

This time his words were concise and to the point, restoring the sales champion's glory, but it directly woke up the other two people in the room.

"You don't have to do that. Of course I can leave. Just don't regret it. Really, I originally thought that the sales department needed a huge amount of financial support recently, and I had to work hard to convince the client to get it. Now it seems that this is not the case. There is no other way. It seems that the huge amount of funds in my hands can only follow me to other securities companies." (End of this chapter)