The Kyoto Bubble Era: Starting from the Sale of Hundreds of Millions of Properties

Chapter 291 It's all about taking money!

All kinds of unfounded rumors spread from the city center where the Bank of Hyogo’s head office is located, all the way to the north along the Nankai Electric Railway. The ATMs are full of customers waiting to withdraw money. The business hall is full of people and the queue is long. Had to extend off the street.

In Sakyo Ward, Kyoto City, urgent calls bombarded the Financial Services Department of the Ministry of Finance in Kyoto City, "If the situation is allowed to continue like this, Hyogo Bank will go bankrupt completely, and there is no room for turning around."

And in the Kyoto branch of Hyogo Bank, bank staff shouted words such as "cash support is very much needed", "please stop queuing up outside customers", "refunds must be processed no matter what time it is", contradictions and conflicts. The conflict is about to escalate.

When Kitahara Sosuke walked to the street, he heard someone calling friends and relatives while waiting to complain: "It would be great if I came to withdraw the money earlier, Hyogo has no money for us."

Let Hyogo Bank stand up!
This is the only order issued by the Ministry of Finance.

At this time, Yoshiro Mori, the Prime Minister with a haggard face, was sitting in front of Kiichi Miyazawa without saying a word.

Beside Miyazawa Kiichi stood Mie Noyasu with the same stern expression. The president of the Bank of Japan, who had burst the bubble economy and blamed Hashimoto Ryutaro, had a sad face, unable to figure out a solution for Hyogo immediately. A good solution to a banking crisis.

In fact, there is a way, and it is the only one.

That is to use public funds to rescue Bank of Hyogo.

Public funds were also used to provide emergency services to banking institutions.

These banks are more or less the shadow of the core family of the consortium. They hold the shares and make profits. They will never allow the banking industry to collapse. Other industries can collapse, and even the financial industry can collapse, but only the banks cannot have problems.

This is the most basic structure of this country!
Non-banking financial institutions can go bankrupt and reorganize, and lose their credibility. Just like a huge mountain, Yi Securities can say no to it.

Only banks can't have problems.

If there are any irreversible problems in the bank, it means that there are problems with the system, the prime minister's cabinet, and even the accompanying Congress!
The political arena will be turned upside down!
However, the most emergency public funds were used by Kiichi Miyazawa and the others to save a bunch of clubs that eventually went bankrupt.

The "Zumizan" and Hyogo that are in trouble now represent the three pillar industries that they put their last hope on, and the latter represent the banking system.

"Your Excellency Prime Minister, ask the consortium for help!" Mori Yoshiro held back for a long time, but still couldn't help saying, "Bow to them, so that we can continue to survive!"

"Such a big funding gap. Do you think they would be willing to help?" Miyazawa sighed hi, but still called Chino's house.

The air was very silent, and for the first time the aged prime minister begged one by one to pass in a low voice.

Mitsubishi, Sumitomo, Mitsui, Miwa, Fuji, and Quanyin, these six conglomerates control the economic lifeline of this country. Although they are no longer as powerful and compact as they were back then, they are still at the top of the country.

"Your Excellency, what's the matter?" Mie Yasushi asked in a low voice. As the president of the Bank of Japan, if the banking industry collapses, he will be the first to be unlucky.

"They agreed to invest 50 trillion yen to fill the gap between 'Zhuzhuan' and Hyogo." Kiichi Miyazawa's expression was not very good.

Mori Yoshiro and Mie Yasushi secretly let go of their hearts. With the six major consortiums taking action, the problem should not be a big deal.

"However, their request is that in the next House of Representatives election, the people they support must occupy more than 80% of the total seats!" Miyazawa Hiichi was about to crack, but there was nothing he could do.

The only place where the government can contend against the six major financial groups is the National Assembly. The Senate is controlled by various nobles. Although it is difficult to shake, its power status is average. The House of Representatives is the core judicial and legislative body in Japan. Whoever has the most seats will have the most words right!

This right to speak will be reflected in all aspects of resources. The amount is equivalent to the foundation of a country. Everyone is jealous and everyone wants it, but it is extremely loose. There are already six major consortiums based on families. It is difficult to eat too many seats. At least it won't let the consortium say anything.

But now, if he agrees to this request, the consortium will be the only force that dominates politics for many years to come.

Miyazawa Kiichi knows better than anyone what kind of existence is standing behind these six tigers. If this happens, the country will be finished.

But what can be done?

With a heartbroken heart, he still agreed.

As one of the participants of the Chino family, Chino Ryu, who was sitting quietly in the study, knew that this was their family's last chance. The two sons were forced to leave the political arena. This time, they contributed money to assist the Prime Minister's cabinet, and the two sons will return to Congress again. , hope lies ahead.

The news of the joint attack by the six consortiums reached Sosuke Kitahara from Nissho Iwai.

Hiroshi Uchida was quite embarrassed when he said the news. He was already a big supporter of the New Party. There were different opinions within Sanwa, but at least he could speak for Nissho Iwai under his control.

However, the cake given by the Prime Minister's cabinet is too big.

As long as this problem is solved and this hurdle is passed, Miyazawa's cabinet can continue to be strong. He will dissolve the House of Representatives again. After the re-election, Nissho Iwai will have several seats, which was unimaginable before.

For this, he could only say sorry to Kitahara Sosuke.

No permanent friends, only permanent interests.

Shota Hashimoto was the most puzzled, the wedding three days later was put on hold again!
Hashimoto's family is a proper new party, but the new party seems to be about to give up all previous efforts, so his value will not be high all of a sudden.

The young couple was also extremely depressed.

Miyazawa Kiichi's desperate gamble, the gamble of the six major consortiums is undoubtedly the most fatal blow.

Hosokawa Morohei panicked.

When he called Kitahara Sosuke, Kitahara Sosuke was chatting with Hashimoto Shota.

"Cangsuke, that's 50 trillion yen, they are too ruthless! We didn't lose, it's just that they were too sloppy."

"We really didn't lose, Shouta, I will attend your wedding on time in three days." Sosuke Kitahara, who was sitting in the Rolls-Royce silver thorn, said with a smile.

"Ah? What nonsense are you talking about? With a strong supplement of 50 trillion yen, Hyogo and the 'Zhuzhuan' will be brought back to life. If you can't bring down the Miyazawa cabinet, then your special support plan cannot be implemented, and you are doomed." what."

"Bringing back to life? So what? From the very beginning, the problem they have to face is not 'Zuzhuan' and Hyogo."

"Huh? What's that?"

"Shota, it's the banking industry, it's the banking industry that loses!"

Kitahara Sosuke looked at the street in front of the windshield with great interest. The Financial Street, where branches of one bank after another gathered together, was extremely lively.

The station was full of people who came to withdraw money.

That's right, they don't just withdraw money in front of Hyogo Bank, but every bank is full of dense crowds!
(End of this chapter)