At The Beginning, Sell Off Your Property And Short-Sell The Parallel World.
Chapter 42 Infighting Within The Consortium, Carving Up Yinrong
"Despicable!"
Seeing the movements of the five major consortiums, the general director of the Yinrong Consortium couldn't help but curse.
He cursed and couldn't help crying.
Because of their joining, several listed companies under Yinrong followed Fuji Bank into the liquidation stage.
Another way is to apply for delisting, and there must be appropriate reasons.
Any reason has consequences that the Yinrong Consortium cannot accept.
Of the 26 large companies they originally controlled, 7 went bankrupt within a month!
If the five major consortiums continue to be allowed to join forces for short selling, it is estimated that the Yinrong consortium will cease to exist in another month.
Despite the scolding, he couldn't do anything against the five major financial groups.
Without Fuji Bank, the Yinrong Consortium would have no power to fight back under the crazy attacks.
Yinrong is nothing without her reputation.
If it continues, it's hard to say how much of Yinrong's industry will be left.
Faced with the current situation, directors of many companies have applied to leave the consortium and operate freely.
This is partly due to the five major consortiums, who are splitting Yinrong.
The next step in short selling is to buy the dip.
Is Yinrong about to be divided up by the five major consortiums?
Just as he was thinking about countermeasures, Li Xun sent him an email.
There was only a phone number on the email.
"This guy must be here to mock me."
Although he felt humiliated in his heart, Prime Minister Yin Rong still chose to dial the number.
Li Xun is a winner and an out-and-out strong man. Maybe you can ask him to lend a helping hand to help Yin Rong survive the cold winter of trust crisis.
"Mr. Li, what do you want from me?" He tried to keep his attitude as low as possible, and felt sad. No matter how you looked at him, he looked like an old dog wagging its tail and begging for mercy.
"Mr. Yamanaka, you must be troubled by the fact that the five major financial groups have joined forces to sell short." Li Xun did not mean to be sarcastic. He really cared about the poor guy Yamanaka Qiujima.
This time, the game was a bit big. A century-old consortium was ruined by him, which was a bit beyond his expectations.
It can only be said that credibility is the foundation for the survival of an enterprise. If it encounters nationwide resistance, no matter how huge the giant is, it will collapse overnight.
"Yes, please give me a helping hand, Mr. Li. Only you can save Yin Rong now!" Shan Zhongqiu Dao almost cried and begged.
It was impossible not to hate him in his heart. Li Xun single-handedly defeated the combined fleet in his hands, but he did not dare to take any revenge.
Now that Yin Rong has no deterrent power, how can she dare to retaliate against a strong person like Li Xun.
Now he only thinks about surviving by docking his tail, and Yin Rong will not become history.
"Mr. Yamanaka, I am very ashamed of Yinrong's experience. I can help you and acquire some shares of the company."
Shan Zhongqiu Dao is indignant about Li Xun's behavior. The current situation is not caused by you.
But Li Xun said that he could acquire shares of some companies, which made Shan Zhongqiu Dao faintly excited.
If there is a cash flow, then the core business can be saved.
Shan Zhongqiu Dao asked curiously: "I wonder which companies Mr. Li is interested in."
"Hitachi, Canon, Nissan, I hope to buy all the shares owned by Yinrong for US$2 billion."
Hearing these three names, Qiu Dao in the mountains trembled all over.
Because these three companies are the core industries of Yinrong, 2 billion is too little to control three of the top 50 companies in Sakura Country.
However, if we continue to wait, the three companies will not escape the fate of being acquired by the five major consortiums.
They will not be as straightforward as Li Xun. As a former large consortium, Shan Zhongqiu Dao knows the cruelty of capital.
"Mr. Li, I have a request. Can you add Fuji Bank to the acquisition list?"
"Fuji Bank has a large number of hybrid bonds and residential mortgage loans. These are good assets. If you buy them back, you can benefit as long as you repay part of the debt."
Owning a World Bank is also within the scope of Li Xun's consideration, but Fuji Bank is not a benign asset.
The hybrid bond and housing mortgage loan businesses it owns are not benign assets in Li Xun's opinion. These non-performing assets became the fundamental trigger of the U.S. subprime mortgage crisis!
The bankruptcy of Lehman Brothers triggered the subprime mortgage crisis, which in turn was caused by the securitization of residential mortgage loans.
The benign assets that Shan Zhongqiu Dao talks about are time bombs in Li Xun's eyes, and they may be detonated in a few years.
But it gave him an idea: Citibank might be a good buyer.
Jones has been in the media, threatening to give Li Xun a good look whenever he enters the U.S. market.
Li Xun will not tolerate a clown who keeps vilifying him.
Thinking of this, he said to Shan Zhongqiudao: "I can introduce you to a better buyer, but you must first transfer all the shares of the three companies to me."
In the end, Yamanaka Akijima chose to compromise and transferred all his shares in the three companies for 2.1 billion, just to find a powerful buyer for Fuji Bank.
If he knew that these three companies would become Fortune 500 companies in the 21st century, he would probably regret it.
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