Blackstone Code Chapter 1488: Don’t be ignorant of praise, this tm is a blessing!
The president looked incredulous about Lynch's acquisition of Lemar National Bank. He didn't think it was something that Lynch could do.
But Lynch looked at him suspiciously, "How long has it been since you read the newspaper?"
"Or how long has it been since you looked at the exchange rate?"
He picked up a newspaper at hand and threw it away, "As of 9:00 this morning, one federal sol can be exchanged for two hundred and seventy-four ares, do you know what that means?"
"What I used to need to spend several hundred million to do can now be done with only 200 million. I don't think there is anything I can't do."
The president still has that unbelievable face. He really can't imagine how people can be so rich?
One person, to buy a national bank?
How could he be so rich?
Even if Lynch gave him enough reasons, he still didn't want to believe it was true.
Actually, he didn't know that even if Lynch had no money, the six major federal banks would be willing to lend the money to Lynch for him to buy it, because it was a bank with the right to issue currency.
In the Commonwealth, the right to issue currency is still in the hands of the government. The six major banks have tried many times to seize the right to issue money, but ultimately failed.
Having the right to issue currency means that they can use their economic size to leverage a larger financial market, which is simply an irresistible cake for banks.
If Lynch really has such a plan, he may be able to buy the bank without spending a penny, so money is not a problem for Lynch at all.
His problem is that he doesn't want other people to interfere with his power, after all, he is also interested in the right to issue coins.
So naturally, if you can reduce some, you can reduce it. When the time comes, it will not be a problem.
Actually, from the current situation, Ares has no more room to fall, and with the increase of the negotiation process, Ares even began to rebound.
The only reason why Ares can't rise now is mainly because of people's vicious pessimism.
They believe that the National Bank may have issued a lot of new currency, and the National Bank's gold reserves are insufficient, and the negotiations have not ended. Based on these three points, the exchange rate of Ares will not fluctuate too much in the short term. quite stable.
But it can't always hold him down. All negotiations must be ended as soon as possible so that all aspects of society can recover.
Lynch looked at the President, "All the documents are here. You should be more familiar with these documents than I am, and maybe you can find some problems for me that I didn't find?"
Lynch looked at him with a smile, "What do you think?"
This is not an invitation, but a tone similar to an order. The president does not know what will happen if he refuses, but he is very clear about what he will face if he agrees.
He was a little nervous, after all, this kind of thing was a crime, and the little conscience in his heart burned his conscience like a fire.
His palms were sweaty, and he wiped his trouser legs subconsciously, "Mr. Lynch, I don't know..."
He doesn't know many things, whether it is a good thing for the National Bank to fall into the hands of foreigners, and whether he will betray the interests of the country by doing so.
He doesn't know so much and so little, which makes it hard to make a decision.
Lynch looked at him, and he lowered his head, looking at the upper.
Lynch took out a cigarette case, threw one away, lit one himself, and as he inhaled the smoke into his lungs and exhaled it, said at the same time, "Actually this is a piece of cake for the whole of Lemar. Good thing."
"When the National Bank is in my hands, there will be more capital pouring into it, and you can see it becoming more prosperous."
"As long as people are willing to work, they can have a bright future."
"Society thrives on capital and markets, and the National Bank is a guarantee when it's in my hands!"
"For Lemar, there are only advantages and no disadvantages."
Of course, this is a nice saying, a slightly less nice and not so friendly saying is that if the Lemar National Bank is acquired by Lynch, it will become a bridgehead for capital to accelerate the oppression and exploitation of the people of Lemar!
In the new era, economic colonization is actually more acceptable than military colonization!
Like Nagalil!
Now whoever says that the Commonwealths are bad, goes to Nagalil to exploit them, to drink the blood of the Nagalil people, those people will kill this person.
Has the capital exploited the people over there?
Yes, it's the same labor force. The labor they put in can't be exchanged for what the federal workers get. Isn't this exploitation?
But only exploitation?
Clearly not!
While most people are exploited by capital, it also re-breaks up the social structure, giving everyone a chance to rise.
Some Nagalilites have moved into middle-to-high-end communities, with servants and servants in and out, driving luxury cars, eating steak, and living a life of the highest order.
This was absolutely impossible in Nagalil's past, but now that it happened, it happened, who would dare to say that everything that happened in Nagalil was bad?
When advanced capital forces economic colonization of a backward society, the first thing to do is to build, you have to cultivate the market, cultivate the economic and financial foundation, only in this way can you exploit and squeeze while waving one after another The scythe grabbed the last drop of blood.
In silence, the president of the general manager sighed and asked, "Can I refuse?"
Lynch nodded, which surprised him, but then Lynch's words left him with a wry smile.
"Of course you can refuse, I never force anyone, because I firmly believe that forced cooperation is not a long-term relationship."
"But I have to remind you that the previous president is dead, and there are still a lot of responsibilities to shoulder. People need a target where they can vent their emotions."
"That person may be you, after all, you are still alive."
"You don't have to think about yourself, you have to think about your wife, your children, and your family."
"The anger of the people at the bottom is often of a vexatious nature. We will arrange for someone to protect them, but this cannot last long. I hope you can understand what I mean."
"I'm not threatening you or intimidating you, I'm just telling you what will happen and what to do, it's up to you, I will respect your choice."
Lynch speaks candidly and freely, and he has nothing to hide.
Now that there is such a big problem, someone must take the blame. The former president is dead, and there is also a president who is alive and heavily involved.
So who needs to be considered?
The president thought for a while, shook his head, and took out his reading glasses, "Looks like I can't refuse?"
"I always respect your choices!" Lynch shrugged.
The president seems to have made a decision, "If I help you, what will I get?"
He stared at Lynch, and he was persuaded by Lynch, for a variety of reasons.
Lynch thought for a while and said, "First of all, this is all a problem with the previous president. We will help you clean the stains on your body, but considering that you did play a role in these things." /
"So you'll still be in jail, but don't worry, I'm always kind to those who helped me, and you and your family don't need to think about life."
"You'll come out in about a year or two and I'll give you another job, in the Commonwealth."
Lynch fiddled with the documents on the table casually. To be honest, this president still has some abilities, with few bad debts, and has done a good job in all aspects of data.
Although sometimes less flexible, at least he's not too bad at his job.
He can't manage a national bank, although it's not really big, it's capable of doing other things well.
A talent that can be controlled by oneself is a talent!
The president wanted to laugh listening to Lynch's words. He wanted to ask if President Lynch's death had something to do with them, but after thinking about it, don't ask such taboo words.
He began to devote himself to his work seriously. Under Lynch's suggestion, the huge loan he received from the bank would become a bad debt and could not be recovered.
This has nothing to do with Lynch's subsequent acquisition of National Bank, which is a different matter.
Soon a bank in a bad situation appeared in front of Lynch, right on the table, he read the revised document and asked the general manager, "How much do you think it is worth now?"
The general manager thought for a while, "It's about 100 million."
He cut his assets in half again!
Lynch clapped his hands, "Very good, very good, then you can enjoy your vacation, and of course if you don't mind continuing to work for me, you can try to study the laws of the Commonwealth~IndoMTL.com~ and books related to finance."
"In there, you'll have plenty of time..."
Soon Lynch handed over the results of the investigation to the new president. Under the advice of the former president, the president was in charge. The bank over-distributed a lot of money, and there were also many problems.
These issues have been largely clarified under a thorough investigation, and now that the National Bank is on the verge of collapse, Lynch offers a reasonable suggestion to the new president.
"I suggest that Lemar National Bank file for bankruptcy immediately, and then I take over it personally, I will inject funds into it, clear bad debts, solve many problems, and reappear in a new image." /
"And there are many benefits to doing this, like when it's held by me, the federal assessment agency's environmental assessment of Lemar will be improved, which will greatly increase the value of Ares, and Lemar's image internationally!"
"I can also bring more active capital to Lemar, which will be of great help to Lemar's future development."
"This is a new era, and only together can we achieve common prosperity!"