Chapter 45 The Unscrupulous Mikhail
During this period of time, Mikhail has clearly felt that the market favors subprime mortgage products, and even the mortgage market has gradually become hotter. ????Reading Books WWW··COM Since Sergey opened up the subprime mortgage patent rights, there have been more and more players in the market, and international hot money has begun to enter the Japanese real estate market in batches through subprime mortgage products. House prices and land prices are rising every month, but compared with the growth rate of subprime mortgage products, they are still nothing.
For those private financial companies in Japan, this is simply the best of times. A sum of money is released, and the debt formed can be mortgaged to a financial institution like Sanjinhui in a blink of an eye. The Sanjinhui will package and reorganize these debts into subprime mortgage products, and then put them on the bond market for public sale. And those large financial institutions like Nomura Securities purchased AAA-rated subprime mortgage products as value-preserving products. The entire financial market thus formed a seemingly perfect profit cycle.
Mikhail took advantage of this trend to quickly clean up a large amount of underground funds, and prepared sufficient funds and ammunition for the Gorky Brotherhood. After all, tens of billions of funds are not conspicuous in the trillion-scale market, and none of this has aroused any suspicion from the Japanese Financial Services Agency. Now Mikhail is facing much less pressure than when he first arrived in Japan. He only needs to deal with the latest inflow of about one billion dollars in underground funds every month, and the rest is normal financial behavior.
Seryozha's customers are now more and more satisfied with the services of the Gorky Brotherhood. Not only has the cost of money laundering been reduced, but the efficiency of money laundering has also become higher. Read a book? W? WW··COM In this way, customers are also willing to hand over more funds to Nikolai. All of a sudden, many potential customers who were still on the sidelines came to the door. Casino tycoon Yuri successfully developed the Cali Group, another major drug lord in Colombia, while Yakov developed the Corsican Mafia and the Albanian Mafia to complete the integration of the Mediterranean coast.
Now that the funding problem has been resolved, some past plans that were temporarily shelved due to funding can also be restarted. In order to continue to expand and strengthen Glencore's existing agricultural business, under the planning of Mark Ridge, Seriosha once again launched the acquisition of the Canadian Agricultural Corporation. Under the pressure of the food embargo led by the United States, the Canadian Agricultural Consolidated Corporation, which was extremely stubborn last time, is now lingering. The stock price fell one after another, seriously hitting the enthusiasm of shareholders. The acquisition, which could not be negotiated at the beginning, has now become a gift. Mark Ridge completed the privatization of the Canadian Agricultural Union Corporation at only half the original price. In order to integrate resources, Mark Ridge also acquired two grain processing companies that were also poorly managed, 21st Century Grain Processing Company and Canadian Oat Milling Company. After all, flour and wheat grains are completely different prices. As long as the wheat is ground into flour and then transported to the Soviet Union, more oil and electrolytic aluminum can be exchanged, and in order to prevent the seeds from being choked by other companies, Markridge also acquired part of the Grassland Malt Co., Ltd. and got the board of directors seats, so that Glencore's entire agricultural arm can get cheap seeds and fertilizers. Mark Ridge split the entire agricultural sector into a large agricultural giant, Witfa. According to the existing asset scale, Witfa has become a giant private agricultural trading company comparable to Cargill and Louis Dreyfus.
And Glencore's metals and oil division has also made great strides with Sergey's help. Seryozha sang a double reed with Makrich through the platform of the Ministry of Foreign Trade and Economic Cooperation of the Soviet Union. The two sides used the method of barter trade to directly obtain what they needed, because the Ministry of Foreign Trade and Economic Cooperation is not yet a department that Sergey Shale has the final say on alone, Sergey Shale dare not do too much and be caught by others. But Seryozha can determine the proportion and variety of barter trade based on Glencore's sales.
When aluminum ingots are selling well in the market, Sergei will increase the supply of aluminum ingots, and when oil is selling well, he will increase the supply of oil. In this way, Glencore has reduced the pressure on inventory and can flexibly adjust its trade ratio according to the market.
At almost the same time, Karim also began to reform the loss-making Monsanto chemical department. When acquiring Monsanto, Seryozha made it clear that he was going for the molecular biology laboratory, and Karim did not want the chemical department of Monsanto. But Seryosha knew that Monsanto's glyphosate herbicide was used in conjunction with their genetically modified seeds, and the patent on glyphosate herbicide was still under protection. Therefore, although it has been losing money, Seryozha still retained Monsanto's chemical department. But just one glyphosate herbicide can't turn Monsanto into a profit, so Karim decided to introduce new products and technologies for the chemical department.
The funds provided by Mikhail from Japan enabled Karim's plan to come true, and Karim took a fancy to G.D. Purcell's aspartame patented technology. After a series of negotiations, Kalim successfully acquired the chemical company into Monsanto.
Aspartame is an artificial sweetener. Its sweetness is more than 200 times that of white sugar, and its calories are much lower than that of sugar. It can be used as a substitute for sugar, used in beverages, chewing gum and vitamin lozenges, and has a good market prospect. Moreover, the current CEO of G.D. Purcell is an excellent management talent who has worked hard in the chemical industry for many years. After seeing his performance, Karim decided to keep him and let him take charge of the entire chemical department of Monsanto. This is a win-win situation for both parties In this situation, the other party readily agreed to Karim's suggestion.
Mikhail's funds allowed the Gorky Brotherhood's regular business to develop smoothly, but the Sanjinhui, which he managed so painstakingly, was destined to be abandoned by this organization after the Plaza Accord. Seryozha had communicated this matter with Mikhail. He patiently analyzed the debt composition of the entire subprime mortgage for Mikhail, as land prices in Japan became higher and higher, and under the double stimulus of subprime mortgage products. The leverage of the Japanese real estate industry will also continue to increase. At that time, there will be less and less high-quality debt in the market, and more and more subordinated debt. This will seriously damage the credit base of subprime mortgage products. After all, the AAA rating of subprime mortgages is largely determined by the proportion of high-quality credit.
Seryozha warned Mikhail that when the yen starts to appreciate sharply, it is the time for us to flee.