Soviet Godfather

Vol 4 Chapter 29: World 's richest man

Gorbachev hoped that Sergeysha could hand over the Workers’ New City project to others as a stepping stone for promotion, and that the state would come forward to buy it. [No pop-up novel network] In fact, this is exactly what Xie Liao Sha couldn't ask for. The Workers' New City has always occupied Xie Liao Sha's large amount of funds. The original method of using low-rent housing to launder money has now seemed to be outweighed by the gains. With tools such as the National Housing Bank and Mediterranean Trading Company, Sergei Shah has no need to use real estate to deal with clients' assets.

In fact, the development of the Workers’ New City is actually a collective enterprise, belonging to the small treasury of the Moscow Youth League Committee. You must know that when the second phase of the Workers’ New Town was completed, the civil servants of the Moscow Youth League had no shortage of housing. This is the envy of many other institutions in Moscow. Now that the project is to be handed over, Sergey Sha feels that the people below will inevitably rebound. But as long as the National Housing Bank and National Housing Development Corporation are firmly held in his hands, Sergei can start anew at any time. What Sergei lacks now is cash, because the workers’ new city occupies too much working capital, which restricts the development of the Mediterranean Trading Company. Now that Gorbachev agreed to compensate, the compensation can be used to inject the business of the Mediterranean Trading Company, and the money will be transferred to Glencore in the form of trade.

Since the first and second phases of the Workers’ New Village in Sergey Sha’s hands have been completed and put into use, Sergey plans to sell the two phases of the Worker’s New Town project to the State Bank of the Soviet Union. In this case, the workers’ new city in the first two phases has changed from a collective enterprise to a state-owned enterprise, and the added capital will go to the National Housing Bank to replenish capital. Sergei Sha can choose to redeem the bonds issued at the beginning, but this money It is still useful now. The interest on the bonds is almost a drizzle to the big business Sergey Shah. However, the third phase of the Workers’ New City project is already in progress, and the money that should be spent has been spent seven or eighty-eight. Sergei wants to hand over the third phase after the completion of the third phase. In this case, the entire Worker’s New City will be estimated. The value will be more. Gorbachev didn't make too many demands on this. Anyway, he has not yet inspected a suitable successor. Instead, he can release the news first and give those cadres who are interested in taking refuge in a time to consider.

Seeing that another huge sum of money is about to be obtained, Sergei can't wait to find a good place for this money, and that is Mikhail's Japanese plan. On the second day after meeting Hammer, Sergey Sha made a special call to Mikhail to communicate about the subprime mortgage. Now Sanjinhui is one of the few financial institutions in Japan that has the power to issue sub-prime products, so the unique business is naturally going smoothly. Since the data company behind Mikhail first established a standard subprime product model, and was the first to enter the Japanese market, it has always been ahead of those British financial institutions occupying a leading position in the industry. In the context of Japan's loose financial regulation, some European mafia funds have slipped into Japan's financial market smoothly.

Mikhail's business includes the acquisition of high-quality debt from large financial institutions, as well as the acquisition of some not so high-quality debt from financial companies with a Yakuza background. In fact, there is a lot of profit in this. The reason is that debt acquisitions are generally carried out at discounts, because debt repayment is often a long-term behavior, and the current financial market is so hot, whether it is a big bank or a loan shark, it will try its best. To obtain funds, it is a good choice to realize some debts as soon as possible. In order to be faster, there is often a lot of room for mediation in terms of prices.

After being packaged, Mikhail's subprime products will flow into the London market through Sergei's banker friends in the UK. At this time Mikhail received new cash to fill the misappropriated Mafia funds. The most important thing is that Mikhail not only made a lot of money, but also laundered the black money. Directly pull the cost of money laundering into a negative value. Where can I find such a lucrative business in the world!

Now that Sergei Shah knows what the richest group of people in the United States really think of subprime mortgage products, then he can consider the next step, which is to let these British financiers promote subprime mortgage products to the world. capital market. In this way, relying only on the strength of the Sanjinhui and the three British banks will not be able to detonate this new market. Sergey Shah wants to authorize more financial institutions to join in, and everyone will join in to stir up the market.

Therefore, Sergey Sha directed Kalim to relax the restrictions on patent applications for large financial institutions. As long as commercial banks and investment companies with a capital scale of less than 500 in the world, they can apply for patents from Sergey Sha at low patent fees. right. Kalim directly published the ad in The Economist magazine. I also hired some experts to make a special report. In the report, the reader explained in detail some basic knowledge of subprime mortgage products, and pointed out that this is the only channel through which funds outside of Japan can enter the real estate market. Moreover, since the real estate is not directly purchased, the shortcomings of poor real estate liquidity are also avoided. As soon as this article was published, some financial institutions that had long been optimistic about subprime mortgage products began to contact Kalim to discuss patent licensing matters. But the impact is still limited~www.readwn.com~ There are many investment banks that are on the sidelines, and those financial institutions that are interested in participating in this investment have only bought this product in a small amount.

The Economist still has some influence all over the world, not only the business elites in the English-speaking world are paying attention to this magazine. Even some business elites in Japan have subscribed to this magazine. Among them is the richest person on the planet, Mr. Yoshiaki Te, the richest man in the world. According to the ranking of the world's richest people published by Fortune Magazine in March this year, Te Yoshiaki's total assets are as high as 165 billion US dollars, and this number is still increasing. As the largest landlord in Japan, Tsutsumi Yoshiaki has become a well-deserved overlord in the Japanese real estate market. He has one-sixth of the country's land in his pocket. In addition, there are hotels and department stores in prime locations in major cities around the world. In other high-end properties, the Japanese have already regarded him as a god-like figure.

Tsui Yoshiaki also happened to be one of the enthusiastic readers of The Economist magazine. When he saw this article on subprime mortgage products in the magazine, he instinctively felt that this was simply a revolution in the bond market. The real estate industry barriers against foreigners that the Japanese have painstakingly managed have thus been torn open. Tsui Yoshiaki was no longer able to restrain his inner desire. He immediately called the president of Nomura Securities to inquire about subprime mortgage products.

"Nani? Nomura Securities has no related business yet! Baga!" After getting a lot of replies, Tsui Yoshiaki couldn't help but explode!

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