Rebirth 79: I opened a bank in the United States

Chapter 151 Find out how much cash he still has
Under normal logic, if Black Bank goes bankrupt.The first ones to panic are most likely the creditors of Black Bank!
As soon as the FDIC took over Black Bank, the creditors came to collect their debts, which was reasonable.In this situation, the FDIC will of course find ways to reduce its losses, such as dragging the debts and see if they can find a big wrong clock to take over the order or something.

But with that high-interest loan, no one would be stupid enough to accept it.Xi being a father is not such a law, is it?I want to nurse other people's babies, and I have to pay off other people's debts.
Before the debt is dealt with, there is a [-]% possibility that the FDIC can't find a receiver, so it can only hold its nose and help Black Bank repay the debt.Then, during the second sale, the selling price of Black Bank was increased, trying to forcefully struggle and get back the cost.
By the same token, when the price is too high, no one will buy it.Normally, you have to pay insurance premiums, and you have to be supervised by others.But at this time, the banking industry will not be polite to the FDIC.If your FDIC is not allowed to bleed, then the insurance premiums they usually pay are not in vain?It is not used at all, or no bank owner is willing to use it. Fixed expenses, once paid for several years, last ten years.
If you don’t want to lose the money to your own bank in the end, the only way to recover the loss is to wait until the FDIC sells the bank and kill them severely!

As a deposit insurance company established by the federal government, the FDIC is not allowed to operate banks for a long time.Only during the bankruptcy reorganization period of a certain bank, they are authorized to organize the original staff of the bank to carry out normal business operations, nothing more.In other words, even if the value of Black Bank dropped infinitely, even if it fell to a dime, they had to find a way to sell it.Otherwise, the only choice is to close the bank completely, and all losses and capital investment during the takeover period will be wiped out.
And when this set of procedures goes down, and when the FDIC arrives and has no choice but to sell Black Bank at a lower price, Old Bass believes that Bass Bank at that time will be fully prepared for mergers and acquisitions.And judging from this ideal model, what Bass did is not wrong
"Forget it, don't talk about things that are done. Go ahead and talk about what's going on with Black Bank now?"

With this in mind, Old Bath temporarily dropped the topic.Continue to ask.

"After the loan was completed, Carter left Douglas for two months"

"Wait? He left Douglas for two months? Why?"

Don't say that the old Buss was dumbfounded, and the young Buss couldn't understand what Carter was doing at that time.

"Did he borrow a large amount of money, and then just throw the money in the vault to ashes?! By the way, how much did he borrow?"

"I don't know. Some people don't want to disclose the details. But the Federal Reserve Bank of Atlanta alone lent him half a million dollars, and there are more than [-] or [-] other banks. I estimate the total amount should not be less than five million. It might even be more than seven million. That's why I didn't rush to sell it at the time, it was too much money! We couldn't afford it at all."

"Yeah, let's go ahead! With so much money, he certainly wouldn't foolishly throw it in the vault. Not to mention the interest when it matures, the current inflation alone will evaporate no less than five dollars a year." It’s hard to reach half a million a year for our annual revenue, hehe!”

Old Buzz narrowed his eyes slightly, and tapped his fingers on the table.A huge sum of five to seven million dollars, what would that little Black do with it?
"Okay! According to the person I sent to Douglas to inquire about the news, Carter was driving for a self-driving tour around the United States in those two months. Then after returning, not long after, he built a building on the side of Route 23 in his own name. a restaurant."

Seeing old Bass' eyes sharpen suddenly when he heard this.Little Bass quickly explained:
"To open this restaurant, he used the savings from Black's family. It's not related to that loan. It's easy to find out. When the restaurant opened, Carter's mother invited everyone to visit their restaurant, but there was no one at all. go."

"I also inquired about that restaurant. It is a franchise store opened by Carter to join another brand. It mainly makes fried chicken. It is a small brand that is not well-known. The business has been very bleak until they suddenly launched a restaurant in recent days. What burritos, business is getting better."

"anything else?"

As long as he was sure the money to open the restaurant came from, Old Bath didn't care about it.It's just a restaurant, what's the use unless it becomes a large chain?It may be very tempting to earn thousands of dollars a year for ordinary people, but for bank bosses.Even if it's just a small savings bank owner, he doesn't look down on him.

"Then a strange thing happened! It stands to reason that after opening the restaurant, Carter should have no money in his hands except for loans. But later, he took out a lot of money one after another, and he was engaged in car repair shops and It's a gas station"

"I found someone to spend money to buy off an employee of Black Bank. According to the information he revealed, after Carter got a loan from his peers, he put out a lot of loans, and the borrowing funds should have been almost completely loaned out. But Later, I suspected that the interbank loan was transferred by Carter to his own account, otherwise it would be impossible to explain why he always took out the money again and again!"

"Especially after returning from Carter's trip, Black Bank began to shrink its loans. Even they have shrunk even more than we are now. If it weren't for the old Black's too many loans before, Douglas overdrafted the future, leaving a debtor It’s a good foundation, and with Carter’s continuous creation of jobs for Douglas, I’m afraid Douglas’ unemployment wave will come earlier and more violently than that of Pearson City!”

At this point in the introduction of the situation, Old Bath also understood the subtext of his son.

Since it was the large loan that was loaned out, the return of the money in less than a year is basically negligible.In other words, even if Carter opened a gas station or something, someone repaid the loan in advance. After paying the principal and interest, he had cash to invest.But what about the acquisition of Yinsen Bank now?
The purchase price of more than [-] yuan is not expensive, according to the latest news.Depositors in Pearson City have at least withdrawn more than [-] million in cash from Forest Bank.

If Black Bank does not have sufficient reserves, there should be panic at this time.Such as urgent borrowing from peers, etc., to combat the credit crisis.

But until now, the Black Bank has kept silent.Forest Bank also didn't mean to stop it at all. Depositors want to withdraw money?OK, let go!
It's completely like a big dog who said "I'm rich".In addition, the effect of spreading rumors in Pilsen City has been much worse recently
"Dad, think about it. They were also present at the meeting that day. It is impossible not to know the determination of the three of us to Forest Bank, but Carter still dared to accept it. This shows that he is either pretending now! Pretending that he has The posture of the money confuses us, and it confuses Pearson's depositors."

"Or. They have at least three million cash reserves in their hands. They are not afraid of us being targeted at all."

"Let's do this first, let's continue with our actions. In addition, the person you unblocked, if you add money to him, you must find a way to figure out how much cash Carter still has in his hand now!"

　There are only two updates for the time being this morning.Tomorrow is the last day of exam week, and you can code with peace of mind after the exam!

　　
　
(End of this chapter)