Soviet Godfather

In the Soviet Union, the Central Bank, Savings Bank, Construction Bank, and Foreign Trade Bank each performed their duties, firmly controlling the country's financial lifeline. As the name suggests, a savings bank is naturally a bank that specializes in absorbing the deposits of the common people and dealing with the common people. The Construction Bank is mainly a financial institution that provides investment for industrial and mining enterprises in the Soviet Union, various large-scale public projects, and some livelihood facilities. As for the central bank, it coordinates the corporate accounts of all enterprises across the country. When a company sells goods to another domestic company, the central bank only needs to modify the amount of funds in the accounts of the two companies. This is the characteristic of the planned economy. In this process, the two companies will not see any cash. Because in the Soviet Union, cash was only used for a few fixed purposes, such as paying workers’ wages.

The Foreign Trade Bank controlled by Sergei Sha manages all the capital issues of the Soviet Union's foreign trade. No matter which company in the Soviet Union exports goods abroad, the payee will always be a foreign trade bank. The Foreign Trade Bank will turn over the foreign exchange received to the Central Bank on a quarterly basis, and then modify the funds on the accounts of the exporting enterprises according to the official exchange rate. After the enterprises have made profits, since the money only exists in the accounts of the Central Bank, it can neither Bonuses to workers cannot be used for other purposes. They can only be used to purchase raw materials or equipment for expanded reproduction.

For the long-term problem of the lack of cash in the enterprise, Sergei is also helpless. However, the Ministry of Foreign Trade and Economic Cooperation can help these companies in a little bit, that is, the goods exchanged from abroad by the Mediterranean trading company of Seriosha are not turned over to the national treasury, but sold to some domestic supply and marketing companies. Of course, Sergey Sha can also reward some imported goods to large income-generating companies such as Volga Automobile Factory. As a result, a large amount of profits appeared on the domestic corporate accounts of the Mediterranean Trading Company under the Ministry of Foreign Trade and Economic Cooperation. These profits were originally only figures on the account books. In the past, they could only be exchanged for bulk commodities such as oil and electrolytic aluminum and exported to Glencore. But now, because of Yeltsin's spoiler, Sergei is expected to turn these figures into real cash that can be spent.

After obtaining the approval, Sergei soon contacted the Swiss side to provide corresponding funds for Yeltsin. Sergei’s Colombian Bank did its part to take on the loan. About 500 million US dollars soon came to the foreign trade bank account. So far, this is the first step of Sergei Sha’s funding plan. Sergei immediately needed to convert the money into rubles at the official price. According to the official exchange rate, the funds would probably become more than six billion rubles. This money is used by Yeltsin to pay to the various construction teams of the Workers’ New City and some supporting construction parties. It belongs to the category of wages. Therefore, it can be exchanged for monthly cash, and the cash is thank you. Liao Sha’s second part is planned.

Sergei's foreign trade bank has a large amount of foreign exchange reserves on hand, relying on this part of ruble cash can be reversed into US dollars at the official exchange rate. In other words, Sergey Sha can get back his original 500 million US dollars at any time. Because it is a cash exchange, the U.S. dollars exchanged for these pairs are also cash. Due to severe domestic inflation in the Soviet Union, these U.S. dollars can be exchanged for more rubles on the black market than state-owned banks. In other words, Sergei will sell these dollars on the black market in exchange for more rubles, and then these rubles will be exchanged for more rubles on the black market. It can be exchanged for more U.S. dollars at the official price. This is a lucrative snowball business because of the huge exchange rate differential between private and state-owned banks. This kind of thing is no secret at all in Moscow's bureaucracy. Many cadres who often travel abroad on business know how to exchange their inexhaustible foreign exchange on the black market. However, officials like Sergei Sha who are able to carry out large-scale arbitrage are unique.

This matter, Sergei Shah was familiar with it, because it was somewhat similar to the behavior of the previous head account. But the difference is that Sergey Sha is a supervisor, he can guard and steal without risk. In order to get more funds as soon as possible, Sergey Shah brought together the trustworthy and hard-core subordinates within the Communist Youth League and the pioneering and active businessmen in the Youth Science and Technology Cultural Center. For example, Khodorkovsky, Berezovsky, Schenke at the end of the season and others all quickly took action.

Sergei gave the business of the Leningrad region to Khodorkovsky, and Moscow was Berezovsky's territory. At the end of the season, Shen Ke was promoted to one of the leaders of the Ukrainian regional league committee ~www.readwn.com~, so his business will spread throughout Ukraine. Sergei even dragged Goman, Minin, and Nasja all into the water. In the past few years, the young people of the Youth Science and Technology Cultural Center have made great fortunes, which has caused many cadres who were originally keen on official careers to turn their attention to the business field. Sergei's move is not illegal, and because of the existence of the Youth Science and Technology and Cultural Center, the Communist Youth League has unique business conditions.

As for Yeltsin, because he didn't know much about finance, he could only rely on the residential utility bank led by Sobchak to help him manage the funds of the Workers' New City. Sergey greeted Sobchak, and Sobchak would naturally cooperate with Sergey. In this way, Sergei relied on his protégé and the network of relationships he had operated for many years, and finally was able to implement this series of plans safely and smoothly.

After Khodorkovsky and others got the U.S. dollars, they soon discovered that the money was really good. Since Selesha only wanted dollars and was not interested in the ruble or anything, Khodorkovsky was more concerned. He found some people who planned to leave the Soviet Union and immigrate abroad, buy their jewellery, real estate and cars at very low prices, and then sell them. In this way, although it is a little troublesome, he can make more profits.

Under the name of going abroad for the Volga Automobile Factory's automobile production line, Sergei let the Foreign Trade Bank pay some deposits in advance. The payees are all affiliated companies registered by Seriosha. Because the purchase is engineering equipment and other things, there is a certain time difference in delivery. After all, the automobile production line cannot be produced quickly. Sergey Sha intends to reserve funds for his Japanese plan. The new production line procurement contract will be cancelled immediately after Sergey has used up the money. Sergey will naturally send the money back to the Soviet Union at that time.