Chapter 731 Serious Consequences
Of course Zhang Jun didn't cry. He was staring at the screen happily at the moment. Xiaoqiang would edit all the other party's movements into simple and easy-to-understand cartoons to make it easier for him to understand. This is because Zhang Jun knows nothing about the terminology of financial operations, so this explanation method is more intuitive.
Adam, Hu Feng and others also gathered around, waiting for the moment the battle started. More than ten minutes later, Yu Linglong, who was standing behind Zhang Jun, received a text message. She glanced at it and said to Zhang Jun: "Master, the other party is about to take action."
At the same time, many international financial traders hired by Jiang Heng officially attacked. Zhang Jun didn't know what they did, but Xiaoqiang's interpretation was this. The cartoon shows a group of people using currency leverage to continuously push down the price of the Swiss franc.
Subsequently, the entire Swiss financial sector was shaken, followed by chain reactions. Under the fierce attack of the other party's various sophisticated methods, Shennong Bank first experienced a run on the bank, and then some people desperately exchanged Swiss francs for U.S. dollars or euros.
According to Xiaoqiang's next data deduction, the entire European economy will be implicated, which is probably something even Jiang Heng cannot imagine. Shennong Bank soon couldn't hold on any longer. At the same time, people from the European Banking Supervisory Committee jumped out and once again imposed restrictions on Shennong Bank's business practices. This step was actually Zhang Jun's influence through Ren Shiwo's power, and it was also part of Jiang Heng's plan. a part of.
Under the double pressure, Shennong Bank finally couldn't bear it. Customers couldn't withdraw money and businessmen couldn't get loans. In addition, there was a serious backlog of various financial products it packaged. This giant enterprise soon became Dying.
This battle lasted for two weeks, and Shennong Bank finally declared bankruptcy. The regulatory commission is preparing to evaluate the acquisition in order to so-called stable European finance. After a series of complex financial resales, the bank finally fell into the hands of Jiang Heng and others, who became the owners of the bank. Jiang Heng was one of the legal representatives.
On the day when the acquisition of Shennong Bank was successful, Jiang Heng and other people gathered together for a party. Everyone was very happy because they had made a lot of money this time! With Shennong Bank, it is equivalent to having a cash machine. Especially the powerful people in the country, they have plenty of opportunities. As long as they have enough money, they can make more money.
A man in his thirties toasted Jiang Heng with a glass of wine: "Brother Heng, thanks to you this time, all the brothers have made a lot of money. Haha, Zhang Jun should be crying now, right? I don't see how he can come back this time. ”
Many of these people had suffered losses at the hands of Zhang Jun and dared to get angry but dared not speak out. This time they finally made a profit, and they immediately had something to talk about, and laughter could be heard from time to time.
"If we hold Shennong Bank in our hands, it is like having an old hen that can lay golden eggs. Haha, even the big guys in the country will look at our faces." A middle-aged man said proudly.
"Yes, the deposits alone are more than three trillion euros. Haha, the fiscal revenue of the entire Europe in a year is no more than this. Based on this, and with the power in our hands, we can double our wealth in just a few years. . With money, we have political confidence, and the future will definitely be ours.”
"No matter what, thank you to Jiang Heng, everyone respects Jiang Heng!"
Jiang Heng smiled and felt extremely satisfied. The Jiang family was wiped out by Zhang Jun, and he finally took revenge. No, it should be said that his revenge has just begun. He will slowly strip away everything from Zhang Jun, leaving him with nothing, and then kill him!
While everyone was celebrating, Peter, a famous European financial expert and current president of Shennong Bank, walked in hurriedly. He whispered in front of Jiang Heng for a while, and then handed an electronic material to the other party.
Jiang Heng stopped laughing immediately. When he read the materials, the corners of his eyes kept twitching. How is this possible!
Soon, his cell phone kept ringing.
"Director Jiang, it's bad, there is not much cash in the vault of Shennong Bank, only tens of billions of dollars."
"Director Jiang, is there a computer failure? Why can't all the partners be contacted?"
"Director Jiang, the bank run has occurred again. What should we do? There is simply not enough cash in the bank!"
"Director Jiang, the regulatory authorities will send us a warning to stop the current situation as soon as possible, otherwise we will be sanctioned!"
One bomb-like news came from the bank one after another, and Jiang Heng was completely stunned. However, the last piece of news is that the Swiss economy may collapse and plunge into a long-term economic depression.
Although he knew that the Swiss economy had become extremely unstable after experiencing two consecutive financial tsunamis, he did not expect it to be so serious. In fact, both financial crises were related to Zhang Jun. The previous one was to acquire UBS, and this time it was to defend against the enemy's attack.
Switzerland holds nearly one-third of the world's private assets. The instability of the Swiss economy has made depositors around the world distrustful of the world's most developed banking group, resulting in a large number of redemptions. In this way, one after another, small and medium-sized Swiss banks collapsed in the whirlpool, followed by the larger banks.
This crisis involves the Eurozone, and the United Kingdom, France, Germany, Italy, etc. have all been involved. Although they have introduced various rescue policies, they have had little effect. Some economists even shouted that the end of the European economy has arrived.
If the European economy collapses, it will mean that Shennong Bank will find it difficult to gain a foothold in Europe. What's even more frightening is that Shennong Bank is just an empty shelf. All its businesses are packaged to some small foreign banks and only charge intermediary fees.
Jiang Heng was stunned for a moment, and suddenly shouted to the CEO: "Nonsense! Didn't the regulatory committee discover such a huge loophole? Are they freeloaders?"
The president grimaced and shrugged helplessly: "They really didn't realize that all the data of Shennong Bank is true. This kind of concealment method can't be discovered by anyone, and it doesn't leave any doubts."
Hearing this, Jiang Heng's face turned pale. He swayed and sat down in the chair. When the people next to him saw his expression, their hearts sank. They didn't understand economics, and this time they just took money to invest under Jiang Heng's instigation.
A second-generation domestic senior official grabbed Jiang Heng by the collar. His voice was trembling and his eyes were bloodshot and he asked him: "Tell me, what happened?"
Jiang Heng murmured: "This is a trap, it has been since the establishment of Shennong Bank. Shennong Bank currently only has tens of billions of European deposits, and most of the deposits and business are packaged to small foreign banks. The worst thing is, These small banks have disappeared. This means that we cannot get the more than 3 trillion euros in deposits. According to our agreement to acquire Shennong Bank, we will bear these debts created out of thin air, and all of us will bear them! "
"All disappeared?" Yang Tianxing also felt incredible. He stared at Jiang Heng, "How could so many banks disappear all at once?"
Jiang Heng murmured like an idiot: "All banks are registered with fictitious names. They return all the deposits of local depositors in various countries and then disappear. Since they have not caused losses to the local area, those countries are not willing to ask the banks Did it disappear? Why did it disappear?
A man in his fifties invested all his family property, a total of two billion U.S. dollars, in this plan. In addition, there were three billion U.S. dollars he received from domestic loans, for a total of five billion U.S. dollars. He was trembling all over, staring at Jiang Heng, and asked: "You... tell us, how much did you lose?"
"How much did we lose?" Jiang Heng smiled, but his expression was uglier than crying. "You should ask how much we owe. Shennong Bank's deposits of more than 3 trillion euros have disappeared, and the hundreds of billions of euros we invested have also gone in. Zhang Jun’s pocket is now 3.5 trillion euros in debt from Shennong Bank! And this debt is shouldered by us!”
"What?" Everyone was shocked. Some people foamed at the mouth and fainted.
"It's impossible for something like this to happen, it's impossible!" Some people clenched their fists like crazy, and their nails pierced into their flesh without feeling any pain. "Europe's economy is so developed and its system is so sound. How could this happen? I don’t believe it!”
"I don't believe it either." Jiang Heng looked numb, "But it did happen. I can't figure out how they did it and where the money went. Who could deceive so many people without knowing it? Who can Defrauding Europe of three trillion euros?”
"Bang!"
Suddenly a gunshot was heard at the scene, and a young man suddenly raised his gun and shot a companion beside him. He screamed miserably: "My billion dollars are all borrowed, and my family's twenty years of accumulation are all gone." It’s gone! There’s nothing left!” Then he raised his hand and shot himself in the temple with a smile.
Two people died at once, and everyone felt as if they had lost their souls. Their faces were full of fear and helplessness, and their eyes were scattered, not knowing what to do.
Several experts in charge of financial assessment were surrounded by angry and frightened people. Looking at the blood-red eyes from all over the world, they all felt cold all over. Jiang Heng stared at a financial expert and asked, "Didn't you say the risk is minimal? Why is this happening?"
The expert licked his lips and whispered: "Small risk does not mean no risk. We did not expect Shennong Bank to operate in this way. They are simply cheating and not complying with market rules."
"Obey your mother!" Someone picked up a heavy chair and threw it at the financial expert. The financial expert was so frightened that he quickly dodged, but he was still hit in the shoulder, causing him to scream in pain.
Several bald middle-aged men pulled Jiang Heng aside. They were all deeply involved in this incident. If they hadn't nodded, Jiang Heng would not have dared to touch Shennong Bank. After all, Shennong Bank owned 3% of the country's bank. Fifteen shares.
One person's eyes were full of anxiety and anger, and he lowered his voice and asked sternly: "Jiang Heng, tell us, do you have any solution?"
Jiang Heng smiled bitterly and shook his head: "More than three trillion! How to solve it? This matter involves so many countries, and they did it perfectly, leaving no traces. Even if we have the ability to send people to investigate one by one, it is useless. Besides, we Do you have time? I’m afraid I can’t wait even one day!”
Several officials turned pale. They threw their wine glasses to the ground, turned around and left without saying a word. The country may not get back the more than one trillion U.S. dollars it has in Shennong Bank. This is a huge deal, and none of them can afford it!