The Fourth Financial Crisis

The listing ceremony of Merit Bank was undoubtedly a major event that shook the entire cultivation world, but there were a few high-level cultivators who had known the inside story for a long time and were not affected. Li Feiyu, the former biggest traitor of Wuliang Sword Sect and recently invited by Mo Yunlan to Zhongzhou to replace Liu Hanxing as the chairman of Wuliang Sword Sect's Financial Management Committee, was one of them.

After Lin Jianxing's fall, this elder of the Lingshi Reserve Bank, who had a good relationship with Huoyunzhou and Zhongzhou's cultivation world, was invited back to preside over the overall situation. It was a very reasonable personnel arrangement from any angle.

In fact, Li Feiyu originally hoped to directly serve as the president of the Lingshi Reserve Bank, but although the current president Yun Tianhua is less capable, he is a great contributor to the fight against the world-renunciation cultivators after all, and his life span has not been exhausted. When his life span is longer than that of the other party, Li Feiyu will not be so ugly that he must pull the other party down.

But it is not appropriate for you to let Li Feiyu be Yun Tianhua's deputy. After all, Li Feiyu is a half-step Yuanying stage cultivator, and his cultivation is higher than Yun Tianhua. How can a cultivator with a higher cultivation level serve as a deputy?

This is totally against the rules of the cultivation world!

After much thought, only the position of Chairman of the Financial Regulatory Committee is the most suitable for him.

Although the power of the Wuliang Sword Sect Financial Regulatory Committee is limited to Zhongzhou, unlike the Lingshi Reserve Bank, whose influence spans the entire Jiuzhou cultivation world, Zhongzhou itself is the birthplace of the modern cultivation financial system. In the financial market with a strong Matthew effect, it undoubtedly has a great first-mover advantage.

For example, out of trust in the ascended immortals, many overseas chambers of commerce will choose to list in Zhongzhou, so the stock trading volume in Zhongzhou even exceeds the total of the other six continents. For example, due to its geographical location in the center of several major cultivation continents, the transaction volume of Zhongzhou's bulk commodity market also accounts for about 40% of the entire cultivation world, of which the Haiyacheng Commodity Exchange alone accounts for nearly half of the transaction share of the Jiuzhou cultivation world.

Even though Zhongzhou is ruled by the Out-of-World Sect, which once caused a lot of capital to flee in panic, it did not completely change this Matthew effect.

In fact, the situation on Earth is no different. Although the US imperialism is the world's largest country and the center of global stock trading, the trading centers of traditional trading categories such as non-ferrous metals, precious metals, and foreign exchange are still located in London.

Because of this, although the seven major sects have their own financial management halls, the power of the Wuliang Sword Sect Financial Supervision Committee is almost the sum of other cottage institutions, which can be regarded as the second most powerful position in the financial world of cultivation. Now that the elders of the Lingshi Reserve Bank are gradually dying, as long as Li Feiyu occupies this position first, the position of the president of the Lingshi Reserve Bank will be his sooner or later.

It is precisely because this position is so important that it can even affect the financial stability of the cultivation world. Mo Yunlan and Yang Lu have already revealed the details of the Merit Bank to Li Feiyu in advance.

Therefore, even on the day of the listing ceremony, Li Feiyu came to the hall of the Financial Supervision Committee located in Yunlai City Market to work as usual, and ordered all members to be on duty and not to ask for leave under any excuse.

Of course, it is useless to take a temporary leave to attend the listing ceremony. After three months of preparation, the basic income account opened by the Merit Bank for mortals only barely covers most of the Haiya Plain area. Even if outsiders visit the site, they are not eligible to buy merit.

But the world of cultivation is not modern Earth after all. The sects do not manage cultivators so strictly. In addition, the listing ceremony is the headline news of the world of cultivation. If it were normal, even the chairman of the Financial Regulatory Commission might not be able to restrain the Wuliang Sword Sect disciples under his command, let alone force them to work.

After all, the Wuliang Sword Sect disciples who can work in the committee are almost all protected by their ancestors and families. Even if the previous presidents are all respected great cultivators of the Wuliang Sword Sect, it is not good to restrict these second-generation immortals with deep backgrounds too strictly, so as not to affect their reputation in the circle of high-level cultivators.

But now is different from the past.

Any cultivator with a little common sense can see that Li Feiyu's replacement of Liu Hanxing is definitely not an ordinary personnel change, but a counterattack by the worldly faction against the worldly cultivators. Although it is not necessary to take down all the worldly cultivators with worldly backgrounds in the committee, many typical elements must be found and purged. Therefore, facing this newly appointed president, no matter what everyone thinks in their hearts, they all put on a "public loyalty, practical work" spirit on the surface.

As for why they emphasize "on the surface"...

"Li Zilun, is this the reason why you vetoed the Feitian Lingzhou merger case?"

The Jindan early stage cultivator called Li Zilun by Li Feiyu is the person in charge of the merger supervision business of the Financial Supervision Committee. He is also one of the worldly cultivators promoted by Liu Hanxing during his tenure as the chairman of the committee.

The Flying Spirit Boat merger and acquisition case mentioned by Li Feiyu was exactly a major merger and acquisition transaction of the Wuliang Sword Sect on the stock exchange that was just vetoed by Li Zilun this year. The transaction was initiated by the Penglai Pavilion, a sect on the East Ocean Island, and the Penglai Chamber of Commerce, which operated the Flying Spirit Boat transportation. The purpose was to acquire a Flying Spirit Boat transportation chamber of commerce headquartered in Yangjiang Port, Huoyun Prefecture.

Faced with Li Feiyu's question, Li Zilun carefully replied: "President, according to the charter set by President Lu that year, any merger or acquisition that can form a substantial monopoly in any relevant business field will not be approved unless specifically authorized by the Wuliang Sword Sect." All have the right to veto it.' After many rounds of field investigations by the monks we sent, if the Penglai Chamber of Commerce acquisition case is successfully completed, it will form a monopoly on the special spirit boat trade in the northern part of the Eastern Ocean. We are doing everything for the Infinite Sword Sect. We must take the initiative to stop this monopoly behavior out of consideration for the well-being of Zhongzhou cultivators.”

While saying that, Li Zilun also escaped with a thick stack of investigation reports.

If he were an ordinary monk from the Transcendental Sect, he would probably be choked speechless when he heard "the regulations set by President Lu back then." What's more, since Li Zilun has produced the investigation report, he must have done enough homework before.

However, Li Feiyu is not an ordinary monk of the sect.

As a veteran who once started a business with Mr. Lu, Li Feiyu has experienced many of the tricks of this group of people.

He didn't even look at the investigation report handed over by Li Zilun, he threw it aside and said with a faint smile: "What a coincidence, the charter you mentioned happened to be the one I proposed to President Lu back then, but I feel now, Not only should this charter be changed, I think the position under your butt also needs to be changed!”

Hearing Li Feiyu's rude remarks, Li Zilun was also confused:

What does it mean?

You made the charter yourself back then, but now you don’t acknowledge it if you don’t acknowledge it?

"President, if you are targeting monks like us who are from the worldly sect, just say it straight, there is no need to do this——"

Seeing that Li Zilun was about to bind himself to all the monks of the Transcendental Sect, Li Feiyu immediately raised his hand and interrupted: "Okay, don't continue to pretend to be a loyal minister and good general with me. If you interpret the charter according to your logic, you only need to master As for the right to define 'relevant market', then in theory you have the substantive right to approve any merger and acquisition case. The merger and acquisition behavior is no longer 'it can be done without prohibition by law' advocated by President Lu, but 'without your permission'. No one can tamper with Zlen’s approval!”

Before Li Zilun could refute, Li Feiyu pointed to the cover of the report and said: "You told me about the 'monopoly position of the dedicated spirit boat trade in the northern part of the Eastern Ocean'? How many more attributes do you want to add to this monopoly? The northern part of the Eastern Ocean How can a chamber of commerce that operates a spirit boat monopolize the trade? Even if you destroy these two chambers of commerce, can you still prevent the monks from physically carrying goods? A special soul boat for cultivation resources? The soul boat trade is not a high-barrier business to make money. I think the profits of the soul boat trade of the Penglai Chamber of Commerce are too small and they can't raise the spirit stone coins to honor you, so they have some kind of monopoly for no reason. status!"

Seeing Li Feiyu reveal the truth mercilessly, Li Zilun simply stopped pretending: "President, you don't want to destroy our approval power, do you? It's not easy for monks like me to practice, and this is what I have in hand. The power to take action is still endorsed by President Lu. Can we still use it? With just the monthly salary given to us by Wuliangjian, are we going to have brothers follow you in the future? Who will be the president of our committee? None of us are fools. Most of them are well aware of our internal situation. It would be easy for you to use this as an excuse to take away my position. But if the brothers have nothing to eat in the future, I am afraid that President Lu himself will also sit in the position of president after he is resurrected. It’s unstable!”

I don’t know if it was intentional or not, but Li Zilun obviously raised his voice in the end. Considering that the minimum number of cultivators from the Infinite Sword Sect who can serve on the committee are Foundation Establishment cultivators, as long as there is no deliberate noise barrier, the argument between Li Feiyu and Li Zilun just now was enough. Let everyone hear it.

Even through his peripheral vision, Li Feiyu noticed that many people were already secretly looking this way.

Faced with Li Zilun's angry threat, Li Feiyu smiled nonchalantly and said with pride: "With all due respect, if you still need to realize the pitiful power you have in order to earn enough spiritual energy for practice, Stone coins, it shows that your ability alone is not enough to hold a position here, and a capable person still needs to make money through your dirty tricks? "

Hearing Li Feiyu's taunt, Li Zlen's face suddenly turned red.

Because what Li Feiyu said is indeed true. Everyone knows that the financial background of "Stock God Li Feiyu" is unfathomable, and his wealth is really not earned through deception, but earned through stock trading when the Wuliangjian Sect Stock Exchange was founded. Yes, Li Feiyu often showed off this matter intentionally or unintentionally, creating an image of being honest and relying on his own ability to earn a living.

After being at a loss for words for a long time, Li Zilun finally thought of how to refute: "Sir, times have changed! When the Wuliangjian Sect Stock Exchange was first established, even a tied dog could make money. Now the stock exchange has been in operation for several years. For a hundred years, the shady inside has been unfathomable. The listed chambers of commerce are thinking of how to harm everyone. Where are the investment opportunities? You have already made enough money to go ashore, and it doesn’t hurt to stand and talk, but what about everyone? manage!"

Hearing this, many onlookers couldn't help but shake their heads. Although Li Zilun was right, although today's Wuliangjianpai stock exchange is full of big holes, the Wuliangjianpai stock exchange in the early years The exchange is by no means a treasure trove for picking up money. Except for stock gods like Li Feiyu who have become extremely rich, most of them are bankrupt leeks like Mingzhu Laozu. There is no such thing as a dog that can make money.

Even if Li Zilun was born 500 years earlier, no one thinks he could make much money.

Just when everyone thought that Li Feiyu was going to take advantage of the situation to continue to mock, Li Feiyu did not pursue the enemy with his remaining courage, but unexpectedly proposed: "Okay, since you said so, if I have the ability to lead everyone in the club to make money, can you, a waste of the worldly faction, take the lead and get out of here as far as possible, and don't let me take the initiative to ask you to leave?"

(By the way, can you guess what the prototype of Li Zilun and the merger case is? Hint: American)