Reborn American Giants
Chapter 3 Green Bay Investment Bank
Flowers Fund and Green Bay Fund began to buy a large number of bearish contracts on Baodao stock index futures when the Baodao stock index reached 8,700 points, and then began a series of operations.
First of all, the international financial market began to hear voices that badmouthed Baodao's economy, and they were not just fabrications. Each item had detailed data to support the assertions made by these voices.
Immediately following the famous financial column in the Wall Street Journal, a column analysis report "When will the turning point of the bubble in Baodao's financial market appear?" published, which further intensified the market's concerns about Baodao investment.
Many institutions have begun to sell off the shares of Baodao Enterprises they hold, and some of the originally negotiated investment intentions have also gone nowhere.
The withdrawal of foreign investment institutions caused panic on the island. Even if the Baodao government immediately intervened to calm the market, it had little effect. The weighted index, which is a symbol of economic prosperity, began to fluctuate.
By March 2, the Baodao Weighted Index began to fall from its peak of 8,782 points. In just one day, it dropped 752 points, which is unbelievable.
Taipei Ten Credit Union, which was originally taken over by the cooperative bank, once again experienced a "bounced check incident", and almost all of these checks belonged to Cathay Group, a company related to Cai Changzhou, chairman of the "Ten Faith" board of directors.
The "Ten Faith Case", which had originally been settled, began to affect its sister company Cathay Trust.
Seeing these dazzling operations of Chris Flowers, Zelda was amazed. He reported all the details of all the recent actions and plans of Chris Flowers to Victor on the phone, and said in an admiring tone:
"Boss, now I finally know why all financial practitioners want to go to Wall Street..."
Victor smiled. Chris Flowers controlled a lot of resources in his hands. Although this old man was very old, he had been the head of the Goldman Sachs Financial Institution Investment Banking Group for a long time, which allowed him to accumulate a lot of relationships and contacts.
This is something that Green Bay Fund, a small fund with little reputation nestled in El Salvador, cannot match. Therefore, Victor completely handed over this operation to Flowers Fund, and only sent Zelda as his representative to be responsible for supervision.
Green Bay Fund's financial security.
Now that Baodao's investment situation is progressing smoothly, he has begun to prepare for the next step and start transforming Green Bay Fund into an open commercial investment bank with a venture capital nature.
Motta has submitted the Gref family's income report to Victor. By raising prices and forming an alliance, even if several other gangs share the cake, plus bribes and expenses, the Gref family's revenue last year was
The income was still as high as US$700 million. The income in the second half of the year alone exceeded the usual year.
It’s no wonder that in Latin America, no matter how hard the U.S. government unites with various countries to crack down on drug trafficking groups in various countries, whether it supports paying money, providing goods, dropping hay spirit from planes, or simply going into battle directly, it still cannot eradicate these drug trafficking groups. There are still countless people
Hold your head high and step on this road one after another.
DEA director Rannerz Grace once lamented, "It looks like we have started a war we can never win."
In addition to the reason why a place with economic chaos, poverty and hardship is more likely to breed crime.
The allure of wealth that ordinary people can't imagine in their lifetime is also a very big reason.
However, Victor is now faced with this huge amount of money that can drive everyone crazy, but he has a huge headache.
If it were less, one to two hundred million, the money laundering system established by the Gref family in the past could still be absorbed, but no one expected that after raising the price, they could actually obtain a huge amount of funds of up to 760 million US dollars.
Mota reported that all the money is now stored in a warehouse in the Fandino slum. He has arranged for people to guard it day and night, but it is not a problem to always be like this. So Victor needs to make an idea as soon as possible on what to do with the money.
All of this money comes from unknown sources. If it's a small amount, it's fine. But with such a large amount of money, these colorful banknotes are a bit hot to handle.
Because the source is unknown, these funds cannot withstand traceability, and there is no way to enter the legal circulation field, or even be deposited in banks. In this way, these funds become so-called "dead money."
Except for being used for loan sharking or illegal activities, the money can only be left there and cannot produce any added value.
This is something Victor can't stand, and how to place the money is also a big problem. The principle that money moves people's hearts is valid everywhere. When everyone is poor and has no way out, they know that such a huge sum of money is stored in a place.
, even if they know that it is a dead end, I am afraid that some people will take the risk and be ready to take action.
Victor didn't want to use money to measure people's hearts. This method was too stupid, but he couldn't just dig a hole and bury the money. This would be any different from those stupid rich people.
To handle such a huge sum of money, the best way is to have your own bank. In this way, you can perfectly solve the source of the money, and as Grenada's Golden Bay oil field generates income and Akajutla oil refining
The completion and commissioning of the factory can provide financial support and management for its own formal industry, which is a great thing.
Now that he had decided, Victor immediately took action and completed the procedures for transforming Green Bay Fund into a commercial bank with venture capital properties in just three days.
In today's El Salvador, where civil war is rampant and the political economy is chaotic, the emergence of commercial banks is still a relatively new topic, let alone an open investment corporate bank with the right to absorb idle funds from society.
It is conceivable that if Victor were an ordinary person, even if he applied for one year? Two years? Or even ten years? I am afraid that this set of procedures would be impossible to apply for.
Therefore, it is not without reason that "power exchange", "power-for-money trading" and "official-business collusion" are invincible wherever they go. This is clearly reflected in Victor's founding of Green Bay Investment Bank.
"What kind of business is the most profitable?" If you ask this question to other people, they may give many answers, but if you ask Victor to answer it, he will answer with a smile, "The business you are good at is the most profitable."
However, this sentence was meant for others, and Victor had another answer in his mind, which was "The most profitable business is to do business that is not allowed by the state."
This answer sounds a little funny at first, but if you think about it carefully, you will find that there is a universal truth in it, that is, if the country does not allow it, then few people will do it.
So if there is no one, there will be no competition, and if a business without competition is not profitable, then you have to test your IQ.
As for the Green Bay Investment Bank, which was relatively new to the wealthy locals in El Salvador, as soon as it appeared, it faced a situation with no competitors at all. Naturally, the situation was great.
You'll Also Like
-
Despite Having God-Level Talent, I Ended Up Living Off My Partner.
Chapter 422 6 hours ago -
Global Exploration: Starting from Decrypting Chernobyl
Chapter 218 6 hours ago -
Hogwarts Wizarding Journey
Chapter 951 8 hours ago -
Marvel: From Spider-Man to No Return
Chapter 359 8 hours ago -
Douluo: I was heard by Bibi Dong
Chapter 165 8 hours ago -
Reborn 2005: The Internet Myth
Chapter 147 8 hours ago -
People are in fantasy, I set off a wave of Internet
Chapter 199 8 hours ago -
Super game designer
Chapter 590 8 hours ago -
Rebirth of the Industrial Internet
Chapter 567 8 hours ago -
Rebirth: My childhood girlfriend is cute
Chapter 284 8 hours ago