Great Power Reclamation

Chapter 2034 Big Trouble

Although Ye Feng is currently showing his head and feet in the business world, he is not worth mentioning compared to other real predators.

Especially a top investment bank like Homan Brothers, to him, is simply a monster.

Lehman Brothers sent someone to him last month, expressing the need for financing.Ye Feng agreed without hesitation.Moreover, Ye Feng's investment was not made as a venture capital investment, but as a shareholding, and he directly became a shareholder of the investment bank of Homan Brothers.

Moreover, it is 600 billion US dollars to invest in shares, occupying 15% of the shares of the investment bank of Homan Brothers.

When he got the equity, Ye Feng was very excited, even ecstatic. Usually, he is not qualified to contact this kind of financial hegemony, because people will only treat people of his level as Small landlord, disdain to pay attention.

It was only a few days after buying the shares that Ye Feng discovered that the shares of Homan Brothers had been going down.Surprised him.

Then I started looking for clues on the Internet, trying to find the reason, so that I could feel more at ease.

In the end, I was taken aback. There were already a lot of negative news about Homan Brothers on the Internet.That's why people began to sell stocks in large numbers. Otherwise, who would be willing to sell such a hot company?

Ye Feng was more and more startled, and searched for various information without sleep, and then sat there slumped, as if all the strength in his body had been drained.

It's really over. It turns out that Homan Brothers has reached the end of the road. No bank is willing to give him financing, and the government has made it clear that it will not give him any more loans. This behemoth that has been in the US financial market for decades, He has already reached the edge of a cliff, and he may be smashed to pieces at any time.

At that time, he was ecstatic about the 15% of the shares, but at this time he realized that it was a shackle, which meant that after Homan Brothers went bankrupt, he would have to bear 15% of the debt.

Ye Feng hurriedly called the old uncle and Su Xi respectively, and asked them to help check how much Homan Brothers owed?He can estimate his losses to see if he can hold on?
As a result, the old uncle called back 10 minutes later, telling him that Homan Brothers Investment Bank is currently in debt of 8000 billion US dollars.

And an institution like an investment bank doesn't have any assets. All the property is the office building. How can it be sold for money?

As for those bonds and various bills, at this time, they are just waste paper.This is also the main reason why the US government is unwilling to inject capital into them.

The reason for this phenomenon is the continuous economic downturn in the United States.However, the investment bank of Horman Brothers chose to invest its large capital in real estate at this time.

The net result is that the economic malaise in the general environment has caused countless people to lose their jobs.How can I get the money to pay the mortgage without a job?
The country of the United States is different from that in China. The people in the country like to save money, and they only use it for something after they have saved a certain amount of money.

But in the United States, consumption is all in advance, that is to say, the money that is not earned is spent first, and then wages are paid and then used to pay off debts.

Now that the job is gone and life has become a problem, what can I use to repay the loan?I can only give up the confession, shrink my head, and love what I want.

Ye Feng leaned on the chair and thought for a long time, knowing that he was done. The amount of 15% of the debt also needs to be more than 1000 billion. The 600 billion that I own in the investment bank of Homan Brothers has exhausted the working capital of the two companies.It would be a crime to withdraw funds recklessly.

Because the two companies have their own shareholders and customers, once the capital chain is broken and the company cannot operate normally, the judicial department will definitely intervene.

The acquisition of shares in Hörmann Company is entirely Ye Feng's private behavior, and has nothing to do with the two companies. If it is a resolution passed by the board of directors, then everyone can bear it together.

By this time, Ye Feng had already understood that he was doomed, and the final result was that his own equity in the two companies would be auctioned off, and as a credit-bankrupt person, his future life would have no quality at all.

But what's the use of regret after it happened?He can only arrange the funeral in advance, at least to settle Yifei and Yuanfang well.

At this time, Susie opened the door and came in, and was shocked to see Ye Feng, who was always neat and unshaven, sitting there with an unshaven beard.Quickly ask.

"Honey, what's the matter with you? Did something happen to you?"

Ye Feng shook his head with a wry smile, and told what happened.

For Susie, Ye Feng never concealed anything.From their acquaintance to the present, although they are lovers, they are more like partners.

Regarding the matter of Ye Feng's marriage, Susie had some criticisms. After all, she loved this man so much, but he married someone else.

But after listening to him fully tell his love history, Susie forgave him.Susie is a kind girl, so it is naturally impossible to destroy those beautiful things.

As for myself and Ye Feng, just keep it like this, anyway, her wife is in China, and the two of them are like a real couple, after she gets used to work, just have a baby.Why do you have to get married?
After listening to Ye Feng's words, Su Xi was also silent for a long time, because of family reasons, she was obsessed with power since she was a child, so she has been working hard in this direction since she was in school.

It's just that because of her low status in the family, she hasn't been taken seriously, so even though she was admitted to the Harvard School of Administration, the family didn't plan anything for her?
Instead, after meeting Ye Feng, the man abruptly helped himself up.And at the expense of his own political future.How could Suzi not be grateful for such a man?
For the seriousness of the matter, Susie understood better than Ye Feng, but after thinking for a while, Susie put her arms around Ye Feng's neck:
"Honey, don't be afraid, at most they will take away your personal property. As for life, don't worry, I will support you."

This was the first heart-warming words that Ye Feng heard in despair, and his nerves, which had been so tense and numb for the past few days, suddenly relaxed. Holding Susie's waist, Ye Fengfeng couldn't help but shed tears.

Susie held Ye Feng's head in her arms with distress, since she met him, she had never seen this man vulnerable.Seeing his tears, Suzy felt her heart was broken.

After snuggling for a while, Ye Feng finally recovered, and told Susie:

"Don't tell my dad about this? I know his character. Knowing that I have something to do, he will sell all his property to help me, but the warrior car and warrior steel are all made by him for so many years. I don’t want these things to fall into other people’s hands.”

Susie nodded solemnly: "I see."

Americans are more self-centered. Even parents and brothers, from the time you grow up, their family relationship only stays within the scope of their ability.I will never affect my quality of life for you. In fact, there is nothing wrong with it. After raising you, people don’t expect you to take care of the elderly. You only need to be responsible for yourself.

However, Su Xi knew about Ye Feng's family situation. This family would definitely give everything for each other. Although she couldn't understand this kind of thing, she was also moved.

"Let's go, honey, come home with me, take a shower, dress up, Dad will be back soon, if you don't intend to let him know, clean yourself up quickly."

Ye Feng stood up obediently and followed Su Xi out of the company.Susie first took him to buy a suit of clothes, just to change his mood.

When paying the money, Ye Feng was just about to move forward when he was stopped by Susie, who smiled and raised a finger to "shush": "I will support you in the future, the habit of paying bills needs to be changed."

What did Ye Feng just want to say?Immediately, I didn't move forward any further, yes, some habits need to be changed.

Ye Feng and Su Xi went to pick up the phone together. Seeing that his son was in good spirits, Ye Yuze couldn't help asking, "Little bastard, why didn't you answer my phone?"

Ye Feng smiled "hehe": "Isn't that inconvenient?"

Susie complained: "Father, can you not call at the critical moment? It will affect the birth time of your grandson."

Ye Yuze shut up quickly, you can't discuss this matter with girls from the American country, she doesn't care about your relationship with her, she dares to say anything.As a Chinese father-in-law, Ye Yuze said he was very shy.

They talked and laughed along the way, and when they arrived home soon, Kesselin came up and hung on him like a koala, and gave him a breathless kiss.

The children are not out of school yet, and Wang Jianying is preparing meals.The third and fourth children are also on their way.

Back this time, both Yifei and Yuanfang prepared things for them.Yifei prepared beef jerky and some dried fruit.And Yuanfang bought Beijing cakes like donkey rolling.

Children love to eat these things, but Susie opened the pastry and tasted two pieces, and then she was full of praise.

Soon the third and fourth brothers arrived, and after talking about the daily life for a while, the fourth child said that he had a personal matter to discuss with his eldest brother, and called the third brother away together, and came to Ye Yuze's study.

Ye Yuze smiled and asked, "What else can you keep secret from your nephew? Don't you mean to make him unhappy?"

The fourth child had a serious expression: "Brother, I can assure you that Ye Feng didn't tell you anything, right?"

Ye Yuze was taken aback: "Is there anything he needs to hide from me?"

The fourth child sighed, and told what he knew.It turned out that after Ye Feng made the phone call, while the fourth child was checking the debt situation of Homan Company, he also found out that Ye Feng had recently invested in the company.

Although the fourth child was angry, there was nothing he could do. Although Homan Company concealed its business situation and invited Ye Feng to become a shareholder, as a businessman, you must find out the company's situation before deciding whether to join.So this kind of thing is useless even if it is a lawsuit.

Ye Yuze was taken aback. He knew the economic situation in the United States in the past few years, but he didn't understand what the subprime mortgage crisis was?Let the fourth child tell him about it.

The fourth child pondered for a while, and then began to tell the elder brother.The subprime mortgage crisis is well understood. The substandard loan credit evaluation standard has led a large number of speculative financial institutions to inject credit into people whose repayment ability is unstable.

You all know that every time the bank cuts interest rates, capital will flow out of the bank and invest in the society.Because interest rates are not enough to offset inflation, or fail to meet the value of capital needs, new industries with high returns have become outlets for capital injection.

At this time, due to the need for private capital intervention, some financial departments in the past also gave the green light.For example, lowering credit rating standards.It is equivalent to opening the gate to release water, making these funds more convenient and quickly flow to the society.

Where are they flocking to?Let's see.Under normal circumstances, if there is a turnover of funds between capitals, such as real business loans, then the demand is two-way.

If a company feels that the interest rate is too high, or that the profit is not enough to cover the payment costs, it will not accept loans from various subprime mortgage institutions, investment funds, or angel investors that we often say in China.

But the public is different. The consumption of the public is often blind. As long as there is a market, it will form a hot spot.This is a threshold that financial instruments cannot cross in the economic stability of physical capital.

However, when the real estate market is soaring unprecedentedly, a large number of ordinary people in society who are not able to pay still choose to buy houses with loans, which itself also contains speculative psychology.

There is nothing wrong with the line, the premise is that the housing price does not collapse, as long as it does not collapse, all debts are not debts, but can be called assets

That is to say, it's a good time to play.

As a result, people continue to buy houses, and subprime mortgage institutions continue to contribute.However, the funds of subprime mortgage institutions are also limited. What should they do? They use these released loans as collateral to raise funds from other social capitals in the form of financial instruments.

Then the scale of social debt will be enlarged like a snowball. At this point, as long as the housing price does not collapse, the set of routes is still unsolvable.If judged by moral standards, no one is innocent in this crisis bubble

Do people deserve mercy?No.When they aspire to become middle class or move to a higher level through this model, what they drink is the blood of latecomers.Did they hesitate?
Ye Yuze frowned more and more. Although he is a businessman, it is better to call him an entrepreneur.

How can an industrial entrepreneur understand these tricks played by today's capital?But he understood the reason for the bankruptcy of Homan Brothers.

That is to say, the investment bank of Horman Brothers is an MLM company. They absorb funds with high reports, and use the money from later customers to the former. In the end, there are no customers, and they go bankrupt.

The fourth brother nodded, although what the eldest brother said was not accurate.But this probably means the same thing. The current situation of Homan Brothers is caused by a large number of dead debts and bad debts.

Ye Yuze suddenly felt that he had a toothache, and asked, "Then Ye Feng will pay the 600 billion in compensation?"

The fourth child smiled wryly and shook his head: "Brother, he is the major shareholder, and all the properties under his name must be liquidated when he goes bankrupt, not just liquidating your property in a company."

Ye Yuze stopped talking, he was calculating his assets.If all the shares under his name were sold, it would definitely be far more than Ye Feng's current debt.

　Life is not easy, come on
　　
　
(End of this chapter)