Blackstone Code

The work ability of the president is still worthy of recognition, especially when the president transferred Lynch's large loan into bad debts, he showed a very good personal ability.

Bad debt means that the bank cannot collect the money, so it is naturally a bad debt.

Because of this bad debt, the bank's asset assessment was reduced by several million.

How did a bank with a market value of more than one billion be hollowed out bit by bit?

Just take a look here and you will know, just move a little here, move there, and then go bankrupt after a run...

With the cooperation of the president, the investigation team's investigation into the bank quickly came to a conclusion. Everything was a decision made by the former president who died in the attack.

He asked the president to print a portion of the currency that was not in circulation, nor was there any official document proving that it was currency to meet Lynch's demand for loans.

He made very bad decisions and tried to hide the problems when he knew that Lemar's economy and the National Bank could not meet Lynch's loan needs.

But by this moment, all the "truth" has surfaced.

No matter what his starting point was, he did one wrong thing!

Now Lemar is suffering serious consequences because of the wrong choices he made.

The investigation team handed over the results of the investigation to the delegation, and at the same time, Lynch's personal letter of intent to acquire Lemar National Bank was also submitted at the same time.

After the contact between the delegation and the country, and the follow-up work with the President, the Lemar Republic Congress and the President finally agreed to Lynch's request.

On Monday, the second week of June, Lynch and the President of the Republic of Lemar signed a full purchase agreement at Lemar National Bank.

The bankrupt Lemar National Bank will completely acquire 99% of the shares of Lemar National Bank at a price of 75 million federal soles plus 50 million Blackstone Foundation bonds.

The reason why it is 99 percent is because another 1 percent belongs to the government of the Republic of Lemar.

At the same time, Lynch must also assume all debts, deficits, and in accordance with the requirements in this agreement signed between the Republic of Lemar and Lynch, he must meet the withdrawal requirements of all depositors.

This involves about tens of billions of Ares' withdrawal needs, and Lynch also agreed to this.

A series of work such as integration, splitting debts, and debt fulfillment will be completed in about a year, and the withdrawal of depositors must be resolved within six months.

That means Lynch must pay all depositors who want to withdraw their savings within six months, or the deal will trigger some riders.

Many people are actually not optimistic about Lynch's operations. Although people know that Lynch wants a bank, and it is also a bank with the right to issue currency, he is too rash.

Once the cooperation between the Federation and Lemar is confirmed, the exchange rate of Ares will skyrocket. People just need to wait, and when the exchange rate of Ares returns to the normal range, Lynch will face at least 500 million withdrawals. appeal.

He simply can't get the money!

Don't look at the fact that Blackstone Airlines only got an order of 2 billion from the federal government. In fact, after these orders are completed, the profit of Blackstone Airlines is only about 300 million to 400 million.

Then distribute the various shareholders and multiple dividends, Lynch's own account can be considered a very powerful trick if he can enter 100 million yuan.

Unless he mortgages all his properties to the bank, or sells some of his properties, even if he can scrape together this money, he can crush his other properties!

For the Commonwealth, you have money and whether you can afford it is two different things.

Like the Lemar National Bank at this time, who dares to say that it has no money?

Of course it has money, it also has a lot of loan business, it also holds a lot of shares in companies, and it has a lot of construction investment that is investing but has not seen any return.

These are its assets, and Lynch's assessment of about 900 million is not a casual assessment.

But it still closed!

Having money and being able to get money are two different things.

If you have money, it means you have value, but if you can't come up with money, it means bankruptcy is waiting for you!

If Lynch's liquidity is all used for depositors to withdraw cash, then the cash pressure on the industry in his hands will be great, and if he is not careful, it may cause a chain reaction.

In the Federation, for the financial jackals, they dare to challenge anyone, as long as they can see enough benefits and success rates, there is nothing they dare not do!

Once there is a hole in the Blackstone system, then soon these jackals and sharks will swarm and tear Lynch to shreds.

Many people want to know how Lynch plans to tide over the difficulties. Some people think that this is his stupidest investment. Of course, many people contact him in private, hoping to facilitate a "joint acquisition".

For example... the six major lines.

Lynch and Joe Grimman have not seen each other for two years. Because Lynch has a good relationship with him, Joe Grimman was transferred to Nagalil by Jinhui Bank to serve as the head of Nagalil's head office. .

For all industries in the Federation, Nagalil is a huge vault, where the secrets that can make people rich are hidden!

With a population of 200 million, even if only 1 in 10 people save 100 yuan a year in Jinhui, that is 2 billion in savings every year!

And in fact, this number is far more than that, because the gradually cultivated market not only has savings business, but also loan business.

In order to adapt to the special social environment of Nagalil, the bank has launched a brand-new loan business, called "Job Loan Mechanism".

To put it simply, if you want a loan, you must first have a stable job, and then you can get a certain amount of loan after an evaluation based on your salary level and status in the enterprise.

If someone fails to repay the loan in time, the bank will directly ask for wages from the company. If the person has left the company and is unwilling to repay, the person will be blacklisted.

At that time, the entire Nagalil society will not have the chance to survive this person, and all the enterprises that have relations with the Federation will not use this person, and all the enterprises that have business relations with banks will not use this person.

He will lose the basis of living here!

until he paid the money back.

Of course, it doesn't matter if you really can't afford it, you can explain the situation directly to the bank, and the bank will arrange a job for the debtor until he pays it off completely.

Joe Grimman's work was going well in Nagalil because of Lynch's support, and he was too old to work hard, so he planned to retire in Nagalil.

In fact, Nagalil is like a paradise for federal people, with low prices and low cost of living. A person who takes a low-level pension in the federal government can directly enter the middle class in Nagalil.

A pension like Joe Grimman can get close to 1,000 yuan, so don't be too happy here!

In addition, he still has a lot of money himself, and he is also making investments at ordinary times. Except for some people in the summer, Nagalil has nothing to adapt to, and he has already planned to settle here.

Most of the time, there is nothing to do, play ball with friends and colleagues, or swim, exercise, participate in various parties, private parties, etc. It is simply paradise!

Until... Jinhui Bank sent him a document, hoping that he could go to the Lemar Islands, meet Lynch, it is best to convince Lynch to leak a little to Jinhui Bank, they are very fond of Lemar National Bank interested.

In the past two years, Joe Grimman has not paid as much attention to Lynch as before, mainly because the number of contacts between the two sides is very small, and there are very few opportunities to meet.

Sometimes the maintenance of feelings is often in the process of communication. You haven't seen someone for a long time, and you will only feel strange when you see them again.

So did Joe Grimman.

He couldn't refuse the arrangement of the head office, so he packed up and went to Lemar. The moment he saw Lynch, he did have some unfamiliar feelings, but these feelings quickly dissipated.

The two shook hands, walked and chatted all the way. Lynch seemed to be no different from before, but the heavy bearing on his body made people more and more awe-inspiring.

"...So this time you came mainly to talk to me about joining forces?"

Lynch looked at him, Joe Grimman did not shy away, nodded and said yes, "The bank means that they are willing to take part of the money, about 30 million, and get 15% of the bank from you. shares."

The total value of the acquisition is about 120 million. Jinhui took out 30 million for about a quarter, but only 15%. Literally, they are obviously very sincere.

Lynch smiled and shook his head, "Everyone is pretending to be confused. This bank is worth at least 1.2 billion, and I believe that within five years, it will be worth 2 billion, or even 3 billion."

"The senior management of Jinhui has no sincerity at all. It is difficult to discuss this."

When it was acquired, it must have been a way to make it undervalued, but when it was acquired, everyone knew its actual value.

In addition, the National Bank will act as a bridge between Lemar and Federal Capital, its role will only increase, and the market value of assets will also increase!

30 million don't say 15%, even 1.5% is a problem.

Joe Grimman did not show an ugly face because of Lynch's refusal~www.readwn.com~ It is common for people in banking and finance to be scolded by the nose.

I want to get your money, so it's not a problem to be scolded by you to make you happy. What you want is psychological comfort, and I only want money——

Money in your pocket!

When Lynch was almost done, he continued, "We've noticed that you have a lot of cash pressures, and we've just been able to address those pressures."

"The above gave me some permissions, and I'll give you the bottom line."

"Twenty-five million, ten percent of the shares!"

"Before I came, they told me that this is the bottom line. I think this price... is actually very sincere!"

This price is equivalent to doubling the market value of Lynch's acquisition of National Bank and resale.

But obviously, they still underestimated Lynch's ability.

Money is something... he can have as much as he wants!