Entertainment: With A Net Worth Of Hundreds Of Billions, He Signed Boss Yang At The Beginning

On the day of leaving the crew, Qin Shou booked a dozen tables of banquets at the hotel where the crew stayed.

A dozen tables of people sat drinking and chatting together, and the atmosphere was quite lively.

"Boss Qin, I'll toast you. You can do whatever you want. I'll do it."

"Boss Qin is so grand!"

"Thank you, President Qin, for taking care of me. I will still take on Guangming Entertainment's plays in the future."

"Boss Qin is mighty!"

"........."

The atmosphere at the scene was very good.

Although the staff of these crews like to talk nonsense on weekdays, they are not fools.

They were originally the working people at the bottom of the society, so they naturally understood what it meant to be able to film with them, invite them to dinner, and arrange a hotel with Qin Shou's identity.

This shows that the coal boss really does not look down on anyone.

Ordinary rich people, even if they deliberately pretend to be approachable, still look down on ordinary wage earners like them in their bones.

But Qin Shou didn't.

He really has no airs at all. It is said that during filming intervals, he even got together to chat with a group of props.

This alone proves his character.

The high will not look down on the weak.

This is already a rare quality.

certainly.

Everyone also knows that the dignified coal boss is doing nothing more than hoping that everyone can do their best for the film.

But even so, they still feel very face-saving.

On Qin Shou's side, he never refuses anyone, no matter who comes to him for a toast, he will still drink it.

Seeing these people pat their chests and promise that they will cooperate in the future, he also nodded with a smile.

In fact.

Having spent decades in Hengdian in his previous life, he knows better than anyone else that when the movie is finished, it is the end of the movie.

Everyone doesn't necessarily have any feelings for this drama.

For her, it's an investment, a business.

For directors and actors, this is a work, an emotion immersed in it.

But for ordinary staff, this is a one-month job. After the film is finished, no one will be immersed in any feelings, because everyone has received wages and has to do another job tomorrow or the day after tomorrow.

These behind-the-scenes staff are also human beings, and they also have to support their families.

Life is not only filled with poems and distant places, but also the struggle in front of you, parents, wives and children at home.

Starting work to earn money, busy all day, running around for life, this is the daily portrayal of ordinary people.

………………

After this meal, Qin Shou bid farewell to Zhao Liying and Yang Mi, letting Ning Hao feel at ease to shoot, and returned to Yanjing.

He has more important things to attend to.

It is already June, and there are less than two months left before the outbreak of the subprime mortgage crisis in the United States.

Speaking of the subprime mortgage crisis.

Qin Shou did special research in his previous life.

At that time, in order to shoot a movie similar to "The Big Short", he deliberately checked a lot of information.

The earliest cause of the subprime mortgage crisis was actually the fact that after the dot-com bubble crisis in 2001, the United States implemented a home ownership policy for several years in order to expand consumption and stimulate the economy.

Moreover, the banks at that time significantly lowered interest rates and encouraged residents to buy houses. Even those without fixed income could obtain housing mortgage loans, that is, subprime mortgages.

Due to the increase in homebuyers, the property market in the United States is booming unprecedentedly, and housing prices continue to rise.

Because of the rise in housing prices, banks are not worried about the repayment ability of borrowers, because even if the borrowers default, the banks can take back the house and sell it for profit.

However, in order to diversify risks and obtain more returns, lending banks aggregate these loans together to form a new type of securities packaged and sold. This is a form of collateralized debt obligations, a form of asset securitization.

The underwriters of these securitized assets are some investment banks, who sell these assets to qualified institutions and individuals, and some investment banks also process them into various types of financial products based on these collateralized debt obligations, such as credit default swaps and synthetic CDOs.

Due to the high income of such products, they are very popular with institutional investors, and are even sold overseas, becoming the foreign exchange reserves of other countries. Therefore, the scale of the risk has been expanded dozens of times and spread to the whole world.

It is also for this reason.

Once the economic environment is bad and those who buy houses cannot repay their loans, those securities will become a piece of waste paper.

According to the data that Qin Shou asked Liu Zhong to investigate, since last year, loan repayers in the United States have continued to default.

In March of this year, JPMorgan Chase officially announced the acquisition of Bell Stern, the fifth largest investment bank in the United States, for US$240 million.

You know, this investment bank claims to have 500 billion assets.

The reason for this is simple.

Because if JPMorgan didn't do it, Bell Stern would crash and declare bankruptcy, and that would be an irreparable financial collapse.

What Qin Shou has to do is similar to that of JPMorgan Chase.

In this financial crisis, he will ruthlessly cut the flesh of the American people!

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