Call of Heroes: A History Only I Know

Chapter 71 The run on the storm
The bank business was first called "Ziqian Family", which was recorded in the period of the Seven Kingdoms Rebellion in the Western Han Dynasty.

"Historical Records: Biography of Huozhi" records: When the soldiers of the Seven Kingdoms of Wu and Chu rose up, the Marquis of Zhonglie in Chang'an was appointed as the king to join the army and loaned money to Ziqian.Only the Wuyan family donated a thousand gold loan, and the interest was very high.In March, Wu Chuping, at the age of one year, did not have much interest in Yan's family, and used this to get rich in Guanzhong.

It probably means that Liehou Fengjun in Chang'an City wanted to join the army to fight, but no one gave him a usury loan, only Wuyan was willing to lend him a thousand pieces of gold. In the end, Liehou Fengjun won a big victory, and Wuyan's won ten The interest is twice the principal, this wealth is no less than that of the richest man in Guanzhong.

If you continue to trace back, most of the Ziqian family can be traced back to the pre-Qin and Warring States periods.

In the Eastern Han Dynasty, more and more people started the Ziqian family, which gradually evolved into the current Qianzhuang.

Whether it is the former Ziqian family or the current bank, they all make a living by lending usury, otherwise the management fee for saving money is not enough for daily expenses, let alone profits.

But once usury loans are issued, there will inevitably be bad debts. Although it will be diluted by other debts collected, the overall profit is still profitable, but it still cannot withstand a run.

For the bank, once a run occurs, bankruptcy is only a matter of minutes, because there is simply no way to get that much money in a short period of time.

But once you can’t get the money, you won’t be able to gain trust, and it will be easier to cause panic to spread, and more runs will break out.

In Su Che's previous life, even the Silicon Valley Bank in the United States was still helpless after being run on.

In order to cope with the run, the bank was forced to sell more bonds, so it suffered greater losses, which formed a vicious circle, squeezed liquidity, and eventually led to the bank's eventual bankruptcy.

Even world-class banks can't afford the risk of a run, let alone these money banks that do the usury business?
It's a little funny to say that on the eve of the run on, the bosses and shopkeepers of this group of banks were still gathering together, discussing how to close down Cheng Jin Bank, even if they belonged to the Zhang family's bank, they still couldn't let it go!

Someone proposed to go the way of the government and let the government lead troops to search Cheng Jin's bank. Even if they can't get evidence of their crimes, they can search again and again to find some subtle problems. Anyway, the purpose is one. Let them not do business properly!Even nitpicking would strip them of their skin and eventually they would have to close down or move somewhere else.

Some people also proposed to attack the heart first, and continued to spread rumors about Cheng Jin Bank, making them completely lose credibility, and no one would dare to save money there. In this way, it is only a matter of time before Cheng Jin Bank goes bankrupt.

Some people even suggested that you can bribe the Rangers and let them join forces with the guards of Cheng Jin Bank to take all the money in their treasury away. Save money with them?
All in all, all kinds of insidious tricks and bad tricks came out, whether it was on the bright side or secretly, they would never sleep well if Cheng Jin Bank was not closed down.

There is no way, as long as Cheng Jin Bank, a bank with interest on deposits, continues to develop, it will kill them old banks!

If the money is stored in the bank and there is money, who wants to continue to store it with them?

So this is an endless hatred, and one of the two sides must die before it can be stopped.

Under their impetus, large-scale withdrawals of money occurred in Cheng Jin Bank, which made them quite proud, and said with a smile: "This rumor is really convenient to use!"

Yet at this moment.

One after another, people came to report the situation.

These few bosses didn't care about it at first, but when they listened to it, their expressions suddenly changed.

It turned out that among the many rumors, there was a new rumor about their major banks, and they even said that they took depositors' money to Cheng Jin Bank to deposit, just to earn interest!

Driven by their rumors, Cheng Jin Bank has no credibility at all.

But now, the major banks actually invested the money of the depositors, wouldn't it all go into the water, and only the sound of splashes could be heard?
Naturally, these depositors were in a hurry.

You have to take your own money out of the bank, but you can't throw it in the big pit of Chengjin Bank!
Although most people don't believe that these banks are really so stupid, but this kind of thing would rather be believed or not. If it really happened, then their money would be lost?Who dares to gamble with their own wealth?
Therefore, many people believed the rumors, followed suit and came to the major banks, and began to withdraw money.

Not only did the Cheng Jin Bank have a run on it, but so did the major banks, and the run on them intensified.

Because Cheng Jin Bank deposited the money yesterday, it has not had time to turn around and spend it, let alone pay any interest, so it is easy to deal with this run.

But the big banks don’t have this kind of ability anymore, and they can’t recover all the loan sharks released in a short period of time. How can they have the ability to deal with this run?

Realizing the seriousness of the problem, the bosses and shopkeepers of these banks cursed one by one:

"Will anyone really believe such outrageous rumors?"

"Don't these people have any brains? Can't they have their own opinions? Are they just copying what others say?"

"This ridiculous rumor can actually cause a run???"

Cursing in unison, the group of bank bosses looked at each other, and instantly realized who did it!

The owner of Cheng Jin Bank!
If not him, who else?

Damn it!

I don't know if spreading rumors is a felony?

At this time, Zhao Junxian, the treasurer of Baofenglong Bank, stepped forward.

Although he is only the shopkeeper of Baofenglong Bank in Nanyang County, not Baofenglong's boss, Baofenglong Bank has many branches all over the country, and it is one of the few big banks, so even if it is just a shopkeeper, in this group Among the bosses of the bank, they still have a lot of right to speak.

Zhao Junxian said seriously: "Everyone, at this time, we must not panic, and we must not let the run happen. We must jointly issue a statement to clarify the rumors, soothe people's hearts, and let them know that those rumors are nothing. The money was not transferred to Cheng Jin Bank!"

"In addition, although this is a crisis, it is also an opportunity. If the owner of Cheng Jin Bank dares to spread such rumors, then he must bear the price of spreading rumors!"

"We need to jointly declare that it was the rumors spread by the people of Cheng Jin Bank. We have reported to the authorities and immediately arrested the owner and shopkeeper of Cheng Jin Bank for the crime of rumors and locked them up!"

"So at this moment, we must let Fu Jun decide for us!"

"As long as the people from Cheng Jin Bank can be arrested for the crime of rumors, even if it is not the young master of the Zhang family, but their shopkeeper, no matter who it is, our run-on incident will be settled."

"What do you guys think?"

After these words, the bank bosses who were still a little flustered instantly calmed down and said overjoyed: "Good!"

"This is a great plan! It's really a win-win strategy!"

"Brother Junxian is really resourceful and resourceful, he is our Dinghai magic needle!"

"I have friendship with the prefect Gai Jun, I can talk to him a thing or two!"

"I also have some friendship with Fu Jun, and I can say a thing or two!"

"Everyone go together! Let the Lord be the master for us!"

Soon, this group of bank bosses jointly went to see Gai Sheng, the prefect of Nanyang County. At the same time, rumors spread through his subordinates that they did not go to Cheng Jin Bank to save money at all. stand up!
This news also reached the ears of the shopkeeper of Cheng Jin Bank, and Ji Renyong came to Su Che in a panic, explaining the seriousness of the matter.

Su Che didn't panic at all, he said calmly, "Don't worry, the eunuch hasn't settled with these people yet, they went to the eunuch instead, isn't this a self-trap?"

Ji Renyong was taken aback for a moment, and asked strangely: "Why did the eunuch want to settle accounts with these people?"

"Because they framed our Cheng Jin Bank first." Su Che said naturally.

"Ah??" Ji Renyong was dumbfounded.

(End of this chapter)