Rebirth of Hong Kong's tycoons, shorting Eagle Sauce

Everyone present had a bitter face.

They were the richest people in Sakurajima. If you say they were stupid, you have watched too many dramas.

To be able to reach this point today, they are undoubtedly the most business-minded people in the world.

From the moment Wang Lei proposed to all banks to securitize bad debts, they knew that this was not a good thing.

But they were eager to transfer the financial pressure of the banks at that time.

On the other hand, they were confident that as long as there was human control, these subprime loans would not cause too much negative impact.

The only thing they did wrong was to underestimate human greed.

A salesperson would choose to take risks again and again for a bonus of tens of thousands of yen.

Senior management would choose to suffer from insomnia for performance.

Even the regulatory authorities and loan review departments would lower the bottom line again and again in order not to be isolated by the bank.

When everyone is doing one thing, the few people with clear minds will be very painful.

They will appear out of place, and the results are often tragic.

When the top executives of these consortiums looked at themselves again, they found that everything was out of control, and everything was like a wild horse running away.

"Reform?"

That was a deadly thing.

The blood-sucking, cruel and ruthless chaebols would not care about the life and death of their subordinates. They would indulge in illusory illusions. Perhaps in a lonely night, they would truly reflect on themselves.

There is no regret medicine in this world, but if they choose again, they will still take the same path after weighing the pros and cons.

There is no other reason. If they don't do subprime business, they will be swallowed up by other consortiums.

Doing subprime business, at least they have spent a period of time without troubles, and their pockets are bulging.

As beneficiaries, they will not have any resentment towards Wang Lei, the initiator.

Instead, they are more dependent, because with the help of Wang Lei, they have smoothly passed two major crises.

Wang Lei soon had an idea.

He said patiently:

"Now the only ones who can help you take over are the Americans who have recovered their economy and have sufficient funds."

At this time, the United States accounts for a quarter of the world's total GDP, with a total volume of more than 14 trillion US dollars!

It is fully capable of digesting the subprime products of the Sakura Country.

"Mr. Wang, the Americans are not stupid. How can they buy something that is obviously going to lose money?"

The one who said this was the president of Mitsubishi. His Mitsubishi Bank had the most terrifying debts and did not think that the Americans would be willing to take over.

With their understanding of Wall Street capital, they would be lucky if they did not take the opportunity to add insult to injury and make any harsh demands.

Wang Lei smiled at him contemptuously and instructed him:

"You can reorganize and package the products again, mix water with seafood and sell them.

Aren't you very good at packaging products? Do you need me to teach you how to do it?"

The bigwigs of Sakura Island were speechless.

Most of them showed reluctance and hesitation on their faces.

Obviously, they are still hoping for the best and are reluctant to give out some bait.

Wang Lei saw their expressions and said sarcastically:

"I am not saying this to you, but you can't catch a wolf without sacrificing your child. If you hesitate for a few more days, I am afraid that the situation will continue to deteriorate... Then the whole country will be finished with you!"

Chairman Mitsubishi still said stubbornly:

"Not really, sir, you should know that we are still alive and well during the real estate bubble."

"Look at Mexico and the countries that receive IMF aid. By then, your companies will replace the sovereign, and you will completely become workers for the Americans.

Don't even mention semiconductors. You have to hand over any good things you have. Teachers have to go across the ocean to serve as infantry!"

Teachers are one of the characteristics of their country, and this immediately touched their sensitive nerves.

It is better to cut your own meat than to have others rob you.

They started to discuss and it took them half a day to make the final decision.

"How come your discussion has yielded a result?"

"We all think your method is the most sensible, so... we decided to join forces to develop a new financial product. We hope your White Dragon Consortium will also join in and put on a good show for the Americans."

Oh, Wang Lei raised his eyebrows. This is a nationwide fraud.

He couldn't help but prick up his ears and smiled:

"How do you think I should cooperate with you?"

"After we repackage the subprime products, we hope you can act as a 'tow' to drive up prices. When the time comes, we are willing to give you 30% of the profits."

Wang Lei didn't expect that he could get unexpected gains by coming up with an idea to divert the trouble.

But he smiled with a more careful mind.:

"In order to prevent anyone from leaking the news, how about we sign an agreement together? If someone is not proactive enough or reveals a flaw, he will have to compensate for all the losses of others!"

The little life that was originally united with great difficulty, because of Wang Lei's words, began to be suspicious of each other.

They all demanded to sign a convention now, and those who violated the treaty would be attacked by the group!

Seeing this scene, Wang Lei nodded with satisfaction. He couldn't let them get too close, otherwise they would definitely cheat him as an outsider.