Blackstone Code Chapter 152: The last straw
The drinking party in the upper class is so boring and boring. In the process of chatting with others and establishing a social network, Lynch also saw some local "female stars", including two famous female hosts of Sabine TV station. people.
Young, beautiful, always in front of the public with a positive image, but at this time the male partner around them is old enough to be their father, but maybe Lynch's thoughts are too evil, maybe that's true their respective fathers.
He turned his attention back to the little man in front of him. He was trying his best to tell some of his ideas, his company, and the inevitable brilliant future.
As long as Lynch is willing to join his plan, he will definitely make a lot of money in the future. Many people have already decided to invest in his project. He just saw Lynch's eyes on him, so he left an investment spot for Lynch alone.
"Maybe the bank will be interested in your project..." Lynch took a sip from the glass, and the little man's expression immediately froze.
If the bank's risk control can pass, why does he have to go around to attract people to invest? It is precisely because the bank thinks that he may be cheating money, so the reputation agrees to lend to him.
Lynch looked at him, and under Lynch's gaze, the little man twisted his neck uncomfortably as if there were thorns on his back, apologized and left quickly.
His donation of 100,000 yuan has become the focus of people, which makes many people want to know him, some are well-intentioned, but some are malicious.
Some people want to get acquainted with the young billionaire, especially since he seems to have a good personal relationship with the mayor, which is all the more worthy of attention.
Not all the rich have a good relationship with the mayor. The market in Sabine is so large that it is impossible for each industry to have only one person or enterprise, and federal laws will not allow it. They do.
With competition, there will be conflicts. Some people rely on the relationship with the mayor to get some orders or policies, which will inevitably lead to dissatisfaction from others.
But in general, everyone wants to have a good relationship with the mayor. After all, the mayor is the highest leader and designer of a city. They can plan a city according to their own preferences, with the help of the mayor , everyone's business will become easier and more profitable.
One after another, they exchange business cards with Lynch, and briefly talk about their own business. They don't talk too much about the first time they meet. Most of the time they have a simple understanding of each other's identities and business transactions. learn.
When they need such an "acquaintance" in the future, they may think of Lynch.
Of course, what people talk about the most is the topic of finance. This is a phenomenon that no rich or famous person can avoid.
After the initial communication, people formed circles one after another. People in the circles were discussing their prestige in the stock market. People kept exclaiming for those digital myths. invested in it.
Lynch watched from the crowd. He thought it was very interesting. In fact, most people in this society who participated in financial games did not know anything about finance, stocks, securities, and futures.
The Foxes, for example, they talked to Lynch about this not long ago, and since they are now among the wealthy, the bank has raised their client rank and assigned a service manager to take over How they operate in finance.
The manager first told them how stupid it was to put money in the bank. Maybe the female bank manager didn't know what the father and son were doing or what they had in their accounts. How much money does she have, she has no right to directly read the depositor's information when she is not working.
She gave some examples of putting money into the financial markets to quickly realize the myth of freedom and wealth in life, which moved the Foxes.
Since they met Lynch, the father and son began to have a strong interest in making legitimate money. The bank said that they could use the bank's money to make money for themselves. They only needed to put out a dollar. The principal, you can get as little as five or ten, as many as dozens or hundreds of "additional funds" to trade.
As long as you bet once, a dollar can turn into a hundred or even a few hundred dollars in one night, and the hundreds of times the profit will firmly grasp the little heart of the father and son in an instant. has opened an account.
But Mr. Fox's cautiousness led him to contact the only person he thought could possibly know the inside story, namely Lynch. Lynch gave him the simple answer. If you want to go bankrupt, now is a good time to enter the financial market. .
Leverage, or "allocation of capital", is itself a transaction that banks use to make a steady profit without losing money. Of course, this is not completely absolute, because sometimes risk control will exceed the bank's estimate. A torrential rain resulted in a meteorite falling, but most of the time, they won't lose.
Suppose a man has 100 yuan in his hand, he buys a stock, the stock goes up by 10%, and he makes 10 yuan.
But if he applies for capital allocation, the bank gives him a quota of 10,000 yuan, and his stock still earns 10%, then he will make a thousand yuan this time.
His capital is the same, it's all 100 yuan, but he only made 10 yuan before the allocation, and after the allocation has leveraged 100 times the capital, he can earn 10 yuan at once Thousands of yuan, a hundred times the profit!
And he only needs to pay tens of dollars for this. A lot of people start to get lost in this strong contrast and eventually become cannon fodder.
(The above is just an example for simple explanation, the actual allocation needs to be approved and calculated separately)
For banks, no matter how much money the investor makes, the bank will make a steady profit, but what if the investor's stock or futures falls?
At this time, the bank's risk control system will come into play. As long as the volatility approaches or exceeds their safety indicators, they will immediately force the exchange to close the position.
In fact, most of the time, it is too late, because so far the transactions of the three major exchanges are still manual filling and automatic allocation by phone, and there will be a certain delay.
If the bank finds that there is no problem with their allocation after closing the position, and they have recovered their due profits, then this is the end of the matter, and it does not matter how much the customer loses.
But if after closing the position, the bank finds that not only did they not get their share of what they deserved, but also part of the rationed funds were trapped, they would start the process.
Start by freezing the investor's bank account. If the savings is not enough to lose the bank's money, they will start auctioning the property, car, and everything that may be valuable in the name of the investor.
If these are not enough, the investor can only apply for personal bankruptcy, and the bank will provide the other party with a job, and every month, except for the necessities of life, the others will be directly entered into the bank account.
As long as the person does not die, this debt will never disappear - but this does not involve the family's repayment standard, because the money is used for personal investment behavior, and the family of the investor does not enjoy this The various benefits brought by the money, they can not inherit this debt.
This is also the reason why people always jump off the building. At least one death is better than dragging the family to **** together.
However, these people in front of them are actually not aware of this. Their stocks and futures accounts are managed by their financial managers or stock brokers, which naturally include various fund allocation behaviors.
For these managers, they give their clients a commission, and the bank will give them some rebates. All they need to do is let their clients sign their names on a funding application.
As for whether the customer will jump off the building in the future, they don't care at all, anyway, they make money and become a loyal partner of the bank.
Looking at the people who talked loudly, Lynch only felt that they were pitiful, maybe in the end they didn't even know why they jumped off the roof, which ended their short and tortuous life.
After the reception, Lynch returned home with a pocket of business cards. In the past two days, he has to sign an agreement with other investors to sell his company for a good price.
At the same time, it was already late at night, and the president and the cabinet members had not slept, let alone the reception, and they were meeting in the conference room next to the president's office.
At present, they have encountered a big problem. The Bayer Federation has maintained its neutrality in the international war and has not been pulled into the water by anyone~IndoMTL.com~ In fact, it also paid protection fees, or spent money to buy peace.
The Bayer Federation purchased the war bonds of the core countries of the two major camps in the name of the country, and coupled with the isolation policy, the Bayer Federation escaped this world war.
But now both the victorious country and the defeated country are unwilling to honor the bond according to the agreement, which makes them a bit of a headache.
If it was put in a few years ago, it would not be cashed if it was not cashed. At that time, the economy and finance of the Baylor Federation were highly prosperous, and they did not care about that little money, but now the situation is different after all.
A large amount of capital flight has led to a sudden slowdown in the speed of economic development. What is even more frightening is that these capital flight has also driven the physical market to decline - many factories have closed, workers have lost their jobs, without jobs, there is no income, spending power And the level continues to decline, more factories cannot sell products and have to shut down, which is a vicious circle.
People have to put money into the financial market to escape the losses of the physical business, at least the financial market is still prosperous.
If these bonds can be honored, it can stimulate the domestic economic development to some extent. Even if the current situation cannot be changed, it will not continue to decline.
However, whether it is in the name of an individual or a country, the international community has not given a positive response, and they refused to communicate!
Billions and tens of billions of bonds are now filling their vaults like waste paper, and several blisters have grown around the corners of the conniving mouths that haven't appeared in front of the screen for a few days.
"We have to do something, gentlemen!"