Blackstone Code

While everyone was discussing, Lynch was chatting with representatives of Jinhui Bank.

"...So the head office will temporarily freeze all accounts that have fund flows with the Duncan family, unless the owner of the account can provide proof that the account does not belong to the Duncan family."

"In addition, I heard that there are still a large number of assets to be auctioned..."

The level of the joint development company is very high, and the representative here is equivalent to the president of a state bank outside.

It may seem like they don't usually express any opinions, but in fact they play a big role.

The flow of funds is itself a very troublesome matter.

You deposit a hundred dollars in the Federation, and then you run to Nagaril and withdraw the hundred dollars.

Is the money you took out the money you saved in the federation?

It's obvious, but it's a clear no from the note itself, no one knows where you're going, not even the teller at the bank where you deposited the money. .

It is impossible for her to know in advance that you are going to Nagaril, and then have someone send the one hundred dollars to a bank in Nagaril for you to withdraw it.

If you look at it from a higher perspective, it is a definite question.

Your money is always your money as long as it's legal!

The role of a bank is actually to act as a bridge for deposits and withdrawals in different places, and its actual role is more important than this.

The wealth extracted from Nagaril must go through banks before it can be returned to the federal territory. According to the provisions of the Federal Financial Security Act, large amounts of cash entering the country must be declared in advance.

The national security department will then trace the source of this large amount of cash declared. If there are no problems, the money will be required to be deposited in a bank account open to the federal government.

This account will be supervised by the relevant departments, which means that the federal government will be the first to know how you use the money.

You must tell the federal government how you plan to use the money, otherwise it cannot be used because it involves federal financial security issues.

Since the Great Depression, the federal government has added many additional security bills in the financial field with the purpose of restricting overseas funds from being used for domestic crimes.

Including but not limited to money laundering, sniping financial products, etc.

In addition to being used for various business operations, the most important thing for capitalists' money is the transfer of profits.

You can't tell a federal official or a banker that you're going to bribe a senator when they ask you what you're going to transfer $100,000 for, right?

This is obviously impossible, so in the end, the money still has to go back to the country through the bank.

It's surprising that we all return to China, and different methods have different effects. It's obviously the same thing.

And this is actually a means catalyzed by capital, and it is also a safety consideration.

If nothing happens, the money will always be within the bank's control.

Although banks have promised customers that they will not disclose some information to the federal government, when some major financial crimes really occur, they will never disclose some information to the federal government as they said.

There is no problem with the money they hold in their hands. As long as they think there is a problem, they can freeze it anytime and anywhere!

So the question goes back to the beginning, is the money in the bank your money?

This is a question with no correct answer. When you use the money legally and reasonably, it is your money.

When you are illegal or unreasonable, or someone thinks you are illegal or unreasonable, it is not your money!

The six major banks have opened many branches in Nagalir, and Nagali people are also willing to deposit money in foreign banks.

At least foreign banks have never suddenly collapsed and were unable to withdraw money. Basically, several major banks in Nagaril have either been acquired or have gone bankrupt. It is difficult to see any trace of them again.

The cooperative relationship between Jinhui and Lin Qi is relatively broad and deep, and both parties are very satisfied with each other.

The information revealed by the representative this time is actually sending a goodwill signal to Lynch.

The Duncan family is planning to run away, and if the federal government doesn't stop them, then others won't either.

They couldn't take much with them. The bank froze their accounts and the local government froze their properties. The most they could take away were some art works and collectibles that didn't occupy much place but were expensive.

As for those that cannot be taken away, the federal government also has a way to deal with them, which is to go to bank auctions.

It's just that this kind of auction is more secretive than an ordinary judicial auction, and there are only a few people who may participate in the auction from the beginning.

Everyone has something they want, and they all get everything they want at a low starting price.

Then the representative of Jinhui Bank pushed over a brochure.

"There is some content here. If you are interested, you can take a look."

Lynch glanced at the brochure at hand, smiled and said thank you.

As soon as the representative of Jinhui Bank left, Mr. Wardrick shook his head slightly. He didn't say anything, but it was obvious that he wanted to say something.

Lynch glanced at him, and then looked at some manuals in his hand. Most of them were introductions to various companies, such as what flagship products these companies had and how many patents they had.

How many employees do these companies have, what are their operating costs per quarter, financial reports for the past three years, and some introductions to real estate and assets.

After the Duncan family leaves, they will leave behind a large number of businesses that no one will take care of. The capitalists siding with the federal government so quickly is definitely not for justice.

What they want is these things, these cheap companies!

To the federal government, whether a company is worth one million or ten million, the only difference is whether it pays more or less when paying taxes every year.

Some companies claim to be huge, but they may not actually pay more taxes. There are so many ways to avoid federal taxes, and someone can always find a loophole to take advantage of them.

But for capitalists, the stakes are high.

If you can buy a factory worth one million yuan for 100,000 yuan, and the factory still maintains a good profitability, this is pure pie in the sky!

The federal government is also happy to do this. Anyway, it is not their own industry and they are not worried about it. On the contrary, they do need a large amount of capital to flow into the vacuum after the Duncan family left.

Otherwise, a large number of workers will jump out and cause trouble.

Compared with social stability, the federal government will not care about gains and losses that have nothing to do with itself.

Lin Qi flipped through it casually. They were all from good factories. He didn't know if the manual in his hand was specially made.

The real estate value assessment of each company is written on it. In other words, as long as the money does not exceed the value of these real estates, it will definitely make money.

If you buy a company or factory and then package it up for the wolves in Bupen, they will definitely give you a good price.

Split, sale, bankruptcy, liquidation.

They know the whole process better than anyone else, and they can make a profit even in factories that are not very cost-effective!

But Lynch didn't pay much attention to these, and he also realized why Mr. Wardrick was shaking his head.

Standing up at this time, the food looks really ugly!

Some people are like Mr. Patu, who can do anything as long as the benefits are enough.

Some people are like Mr. Wardrick. Although he is also a big capitalist and exploits and oppresses, he has a slight moral bottom line - a

Most of the time, this so-called moral bottom line is not actually how noble the morals of capitalists are, but that they have some kind of mental mysophobia!

How can a capitalist not pursue profits?

Some people can make money rolling in the mud and some can't, that's the difference.

The discussion process was not too fast, but it was not very slow either. After about twenty minutes, each shareholder or representative concluded their decision.

Basically all middle- and lower-level shareholders gave up their rights and subscribed for the shares released by the Duncan family according to the current equity structure, and they all did so voluntarily.

So in the end, this part of the stock will only be distributed among a dozen major shareholders.

Banks have little demand for these shares. They do not actually operate these industries. Even though they hold many company stocks, they are not directly involved in daily operations.

In addition, the nature of United Development Company is somewhat special, and these stocks are not so easy to obtain.

Even if you take it, it’s not that enjoyable.

Once the six major groups are gone, there will not be many people left.

Lynch looked at Mr. Patu. After a brief exchange of eyes, Mr. Patu looked away.

Mr. Wardrick's eyes flickered back and forth between the two people's faces for a moment, and the corners of his mouth curled up slightly.

Others are also communicating in some relatively secret ways.

In the end, Lynch got 3.5% of the shares, which is a small amount...you have to see what kind of size this 3.5% is!

Three point five points of one hundred dollars is three and a half dollars, but three point five points of one hundred million dollars is three and a half million.

But you have to say it's a lot...

In fact, it was just like that, it could only be said that it was a little more than what he could have gotten, but a little less than what he wanted.

The next agenda will continue, and all content related to the Duncan family will be eliminated bit by bit.

For example, the industries they left behind in Nagaril will also be redistributed within the company.

This time, the major shareholders did not interfere. They had taken advantage of the company's shares, so they could not get involved in such trivial matters. It would be too ugly and could easily arouse the dissatisfaction of some middle- and lower-class shareholders.

Through on-site bidding, the Duncan family's properties were taken into the hands of shareholders.

The entire meeting lasted all day, and all traces of the Duncan family's existence here were completely erased!