blackstone code

Chapter 1849 Good-hearted people are willing to tell the truth

While the Department of International Affairs and the Ghavra government-in-exile were still criticizing the puppet regime of Ghavra Island in front of reporters from all over the world, in another room, Lynch and the presidents of the six major banks were already sitting together.

"I calculated, there are about 60 billion debts..."

Lynch asked Vera to hand over the document he had prepared to the other six people. He had been working on this document for a long time, and the data was very detailed.

If the fall of Gafla had the most impact on anyone, it must be the Seven Great Banks!

Others are small problems, but the seven major banks took the money out in real money.

Now that the island of Gefra has fallen, the Penteo government has formed a ridiculous defeated government to dismember Gefra.

A large number of assets are about to be transferred, which also means that there may be more than 60 billion debts that may not be repaid!

This is not 600 million, 6000 million, or [-] million!

That's 60 billion!
In the defeat compensation agreement signed by the defeated government of Gafla, the compensation in cash is only 200 billion!

Others may be anxious about the fall of Gefra, because the fall of Gefra means that the world war has entered the next node.

But it's just anxiety, because no matter what, I haven't had any actual entanglements with them that are related to my own interests.

Maybe some companies that traded against Gefla were a little injured, they lost part of the goods, or part of the final payment, and that's all.

Only their seven major industries suffered the heaviest losses.

The CEO of Jinhui Bank looked worried, and then he flipped through the document for a while before throwing it back on the table.

"Our stock has plummeted today, the board is talking about these things, and if we don't recover the losses, there's a good chance it'll go down further, which is a disaster for us!"

The financial industry comes in quickly, but loses money even faster.

Some people may double their worth within a few days, or even several times, but the reverse is actually the same.

A little bit of bad news sent Jinhui Bank's share price plummeting 11.00%, and further declines are on the way.

11.00%, which means that in the past two years or even three years, they have done nothing!
Presidents of other banks have also said they are experiencing the same problem.

Previously, the federal government, in conjunction with the seven major acts, provided a 50 billion low-interest war loan to the Gefra government, and also supported a lot of military equipment incidentally.

These things cannot be produced for nothing, they all cost money to buy.

Where does the money come from?

It comes from the seven elements.

Lynch's situation is better than theirs, because his 15 billion loan was eventually used on his own family, that is, those planes and other corresponding equipment.

If the money is not returned, he will lose a little less.

The other six major firms are not doing well, and they will lose even more.

Coupled with the stock plunge, their losses may exceed 20 billion or more.

The chairman of the board of directors of the Federal Savings Bank, who was sitting next to Lynch, looked at Lynch and said bluntly, "Tell us something we are interested in. I know you invited us here. You must have some ideas."

The other presidents also nodded one after another. If they could recover some losses, they would definitely be willing.

As the president of the bank, or the chairman of the board of directors, they are not really the real "decision makers", they need to be responsible to the shareholders.

Such a large loss will definitely become the most fatal flaw in their tenure. If no measures are taken and take effect in the short term, then they are likely to leave their current positions.

After reaching this position, how many people can make up their minds to take the blame and resign?
Not to mention that this huge setback was not their own decision, but a decision between the federal government and the board of directors. They are just innocent scapegoats!
The same is true for the chairman of the board of directors of the Federal Reserve Bank. They have lost the most. Even the status of the chairman of the board of directors cannot sustain such a large loss!

They also tried to change before Lynch called them to sit together, but it basically didn't work.

The reason is very simple, the fall of Gafla, and bad debts of more than one billion yuan for each family have already taken shape, which cannot be changed.

The only thing they can do is to find a way to prevent the stock from plummeting, and then seek to solve such a large debt in their hands.

But now these actual situations are directly disclosed through the national news, and they have not been given much time and means to deal with them.

Those who don't know much about finance are fine, but those who really know everything about finance, how can they not know what's going on next?

One of Bu Pain's three major evaluation agencies has already rated the seven major banks as "clearance", which further caused the stock to fall.

The market is pessimistic about the ability of the seven major banks to deal with this international war loan crisis. Finance itself is people's confidence in a certain period of time in the future.

Now that they lack confidence, they are selling all over the place. For them, the stock market crash is about to take shape.

Everyone in the room was looking at Lynch, who had a relaxed smile on his face.

He shrugged, "Actually, I don't have a good solution, but you know, I'm a speculator."

"I like high-yield returns. As long as the returns are high enough, I am willing to take higher risks."

"I offer you a choice that seems to me to be good..."

Everyone focused on Lynch.

"You have about 45 billion in debt related to Gefla, and I am willing to use one billion to acquire these debts..."

Before he finished speaking, someone shook his head and objected, "This is impossible, Mr. Lynch!"

"The price is too low, we have no way to explain to the board of directors and shareholders, and they will not agree with us to do so."

"If you are really willing to share some of the debt for us, at the ratio of [-] million to [-] million, I can make the decision to pay these debts to you."

The other CEOs also nodded one after another. The 45 million yuan was converted into 30 million yuan, and the [-] billion yuan debt was converted into about [-] billion yuan.

This money will allow them to have an explanation to shareholders and stop losses in time.

As for the loss part...

Being able to return to 60.00% six under such circumstances is already a great credit, and no one can blame them in this regard.

The chairman of the Federal Reserve Bank's board of directors did not speak, but thought.

The question he was thinking about was how Lynch could get the money back!
As for speculation and gambling, he didn't believe it.

Everyone is in finance, if Lynch is not sure, he will not do it at all!
You know, he has done this before, and made a lot of money relying on the war bonds issued by Gefra.

Now that he is doing this again, people have to think deeply about whether he has obtained some unknown news, or has some special method to get the money back.

One billion, in exchange for more than 30 billion profits, even the Federal Reserve Bank would be tempted by this money.

He didn't speak, just thinking and observing quietly.

Lynch didn't have much emotion about other people's dissatisfaction, "Since everyone is not interested in my proposal, then forget it."

"What I have always pursued in business is equality and win-win, and I will not force others."

"Then it's okay if you don't want to."

He smiled and closed his mouth, but the others didn't want him to "shrink" like this.

There was no way, everyone was in deep despair, and now suddenly a ladder appeared, and they would not let this ladder be retracted no matter what.

"Mr. Lynch, you have to be considerate of our difficulties..."

Someone tried to play the pathos card, but Lynch didn't take it.

He raised his hand to stop the man from speaking, "I can understand you, but I also have my own difficulties, and I also suffered a heavy loss."

"So let's not talk about it, it means nothing to us."

After being lectured by Lynch, the man was neither ashamed nor angry.

They have all reached their social class, and they can be noble people who cannot tolerate a grain of sand in their eyes, are full of majesty and cannot be offended.

It can also be a person who has no skin and no face, and will do whatever it takes to achieve his goals.

Although the man no longer raised such an idea, he changed the subject, "How about this, Mr. Lynch, you must have some way to recover this part of the loss."

"You can share these inside stories and news with us. If we do it together, the success rate will always be higher than if you act alone. What do you think?"

The people from the six major banks are not fools. They also know that Lynch is willing to cover their debts, so there must be a very likely way to get the money back!
Since the two sides can't reach an agreement on debt transfer, it's better to talk about cooperation!

The chairman of the board of directors of the Federal Reserve Bank stared at Lynch, watching his reaction.

Lynch didn't hide it, but he wouldn't say it directly.

"I want to draw 30.00% of the benefits, cash, transfer first."

45% of 30.00 billion, 13 billion, this is not a small amount of money, everyone is silent again.

Another person asked after a short silence, "Mr. Lynch, isn't it the same as transferring [-] million to [-] million debts to you?"

Lynch shook his head and said, "No, I don't take any risks in this way!"

In the end, there was no result from the discussion, and of course this was expected by Lynch.

They are the executive president of the bank, the chairman of the board of directors, and big figures who can determine the development of the bank.

But at the end of the day, they are still workers.

They work for the shareholders, they work well, they are the president.

Don't work well, they are derelict losers!
With such a large amount of money at stake, they must go back to the board of directors and shareholders' meeting to negotiate.

At the same time, I also want to consider procrastinating to see if there are other turning points.

When Lynch sent them away, the chairman of the board of directors of the Federal Reserve Bank walked last. He shook hands with Lynch with a strange expression on his face.

Lynch didn't think much about it, but within half an hour, the chairman of the board of directors of the Federal Reserve Bank called him, hoping to have a private chat with him.

(End of this chapter)