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

Chapter 607 Sumitomo Shigeru's Response

1992 2 Month 12 Day.

Akira Owada, former vice president of the Tokyo First Bank, took advantage of his position to raise more than 30 billion yen, sexually assaulted as many as 50 female employees, and involved 127 cases of non-performing loans, with a total amount of 100 billion yen.

The Tokyo District Prosecutors, Osaka District Prosecutors, and Nagoya District Prosecutors jointly conducted a three-party joint investigation to thoroughly investigate a group of financial industry practitioners related to the interests of Owada Xiao.

What makes the public feel chilling is that the head office Kenji Wada and dozens of senior executives were involved in this major financial crime. Now Japan's largest bank, Tokyo Daiichi Bank, which is hailed by the people as the hope for the future, is basically ruined.

Only Kitahara Sosuke, who was also an executive, was acquitted after being investigated several times, and he didn't seem to be involved in this dirty event.

On February 2, Kitahara Sosuke held a grand press conference in the name of the Tokyo First Bank executive. This was the first time he bowed and apologized in front of the people of the country after he became famous.

Yamato Tianxiao is his subordinate, and many of the people involved in the case have received his favor and promotion.

He was not allowed to know people, and he put the hat of improper employment on his own head.

". For this, I deeply regret and apologize. I submitted a resignation application to the board of directors of the head office the day before yesterday, and hope that the National Assembly and the Ministry of Finance will intervene to thoroughly investigate and rectify the First Bank of Tokyo. If necessary, it can be included in the State-owned assets, restructure once."

The voice of Sosuke Kitahara was transmitted to all parts of the world through television.

Since the merger, the First Bank of Tokyo has become the core asset of the Mitsubishi consortium. If Kunimoto intervenes as he said, the Mitsubishi consortium will be severely damaged, and it will miss Japan's top five consortiums within 30 years.

As soon as this sentence came out, the Mitsubishi consortium exploded internally.

Kitahara Sosuke is really ruthless!

I really don't want my life!

He also has a lot of assets in the First Bank of Tokyo, and the biggest partner of Kitahara Bank is the First Bank of Tokyo.

What he did, in the eyes of others, was tantamount to a strong man cutting off his wrist.

It is the clarion call to attack the Sumitomo Foundation!
After the press conference, the public's reaction was beyond Sumitomo Shigeki's expectations.

Most of them support and sympathize with Sosuke Kitahara, and feel that he is also one of the victims, and now he has to take the blame because of his high position and power.

He was surprised by the public's favorability towards Kitahara Sosuke, and it also made Sumitomo Shigeki feel uneasy for the first time.

Instigating against Yamato Tian Xiao was a casual move of his, but he saw an opportunity in the process of instigating the rebellion, so he proceeded step by step to the current situation.

Of course, he had considered the possibility that Yamato Tian Xiao would be uprooted by Kitahara Sosuke, so he had perfectly eliminated all traces of his participation long ago.

In this wave, even if Yamato Tianxiao fails, Sumitomo Shigeru will not suffer much loss.

But it's different now.

Kitahara Sosuke wants to touch the First Bank of Tokyo.

The consortia usually invest in each other to ensure the stability of their respective interests. Everyone has a share in such a large asset of the First Bank of Tokyo. If it is included in the national treasury, then the stocks in their hands will be worthless!
How cruel!
Kitahara Sosuke, who had just walked out of the press conference, had a solemn expression on his face, but his heart was filled with joy.

Although the process was somewhat tortuous, the final result was still developing in the direction he expected.

After this battle, the First Bank of Tokyo will be devastated, and the biggest part of his future plan is expected.

"Please stay, Mr. Kitahara." A beautiful girl walked quickly, holding a microphone in her hand.

"What's the matter?" Kitahara Sosuke looked back at her with a smile.

The girl was ecstatic to see that she was really staying in Kitahara Sosuke, she held up the microphone at a loss, and suddenly didn't know what to ask.

Seeing the girl's nervousness and nervousness, Kitahara Sosuke smiled gently: "Don't worry, what do you want to ask?"

"Hi, Mr. Kitahara, I'm a reporter from Tokyo Daily. I just listened to your press conference. I have a question to ask you."

"Please say."

"You just said that you will support the Ministry of Finance to thoroughly investigate the First Bank of Tokyo, and agree with the government to include it in the national treasury. In your opinion, is it the best way for a financial institution with a major financial crisis to be nationalized?"

"That's right. We are currently in a severe bubble crisis. The sluggish stock market and housing market have made people lose confidence in consumption and investment. The national savings rate is at an all-time high. Everyone puts their money in trustworthy banks. But if If these banks failed, then ... the financial disaster that could erupt from it would be far greater than the previous bubble economy."

"I am also the head of the Kitahara Bank, and I am deeply aware of the panic of the people. Before that, many banks went bankrupt due to runs. I don't want this to happen to the First Bank of Tokyo. After all, it is my youth. The best memory of the period, I emerged from it step by step and reached this step.”

"The First Bank of Tokyo is really a very dynamic bank. It should not be closed down by greedy people."

"So, here, I would like to reiterate that if the country wants to investigate Tokyo First Bank, I will fully support it. Not only Tokyo First Bank, but also big banks such as Kitahara, Sumitomo, UFJ, etc., should also accept detailed investigation and rectification .”

"This is the last line of defense for our people, it must not collapse."

"The last line of defense for bullshit!!!"

Shigeki Sumitomo, who was watching TV, was so angry that he smashed the teacup in his hand to pieces!

Kitahara Sosuke really dared to say it, he just opened his mouth and came here!
What does it mean to also support the national investigation of big banks such as Beiyuan and Sumitomo?
Doesn't he know if everyone's buttocks are clean?

Sumitomo Shigeki calmed down and began to pace the house.

Kitahara Sosuke's behavior was too abnormal.

Before, he obviously didn't dare to confront himself head-on in the domestic financial industry.

If you are going to fight, you should not choose to flee in the first battle.

Attacking now, Sumitomo Shigeki really can't understand what he can get?
Sumitomo Bank has already been one step ahead in the big expansion in the past few months, and it is too late to start now.

Kitahara Sosuke will not do meaningless things.

Sumitomo is sure of that.

As for what he said about asking the National Investigation Bank, Sumitomo Shigeki passed it like a fart.

What a joke.

Even if the current prime minister's cabinet is from his side, they can't play like this.

No plutocratic landlord encourages government agencies to attack themselves.

Look at the peninsula next door. When they agreed to join forces with the government, they lured wolves into the house. They were forced to exploit a lot of money and had to offer protection money to protect themselves.

If you don't want to do it, the grass on the grave is also very tall now.

"So, there must be a reason why his target suddenly became domestic finance, but whatever it is, I won't let you get away with it."

"Let me know that anyone who dares to investigate Sumitomo will be prepared to offend all consortiums!"

He called his secretary.

(End of this chapter)