1488 Don’t Be Ungrateful, This Is a Blessing!
The president looked incredible about Lynch's acquisition of the Lemar National Bank. He didn't think it was something Lynch could do.
But Lynch looked at him with a puzzled look, "How long have you not read the newspaper?"
"Or how long have you not read the exchange rate?"
He picked up a newspaper at hand and threw it over, "As of nine o'clock this morning, one federal sol can be exchanged for 274 arres. Do you know what this means?"
"I used to need to spend hundreds of millions to do something, but now I may only need to spend 200 million to do it. I don't think there is anything I can't do."
The president still had that incredible face. He really couldn't imagine how a person could be so rich?
One person, to acquire 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.
In fact, he didn't know that even if Lynch had no money, the six major federal banks were willing to lend money to Lynch for him to acquire, because this was a bank with the right to issue currency.
In the federation, the right to issue currency is still in the hands of the government. The six major banks have tried many times to seize this right, but they all failed.
Having the right to issue currency means that they can use their economic size to leverage a larger financial market, which is an irresistible cake for banks.
If Lynch really has such a plan, he may not have to spend a penny to buy this bank, so money is not a problem for Lynch at all.
His problem is that he does not want others to interfere with his power. After all, he also values the right to issue currency.
Then naturally, if you can reduce some, you can reduce some. When the time comes, you can gather together and tighten it. It is basically not a problem.
In fact, from the current situation, Yares has no more room for decline, and as the negotiation process increases, Yares has even begun to rise.
The only reason why Yares cannot rise now is mainly people's vicious pessimism.
They believe that the national bank may have printed a lot of new currency, and the national bank's gold reserves are insufficient, and the negotiations have not yet ended. Based on these three points, the exchange rate of Yares will not fluctuate too much in the short term and will be quite stable.
But it is impossible to keep him under pressure all the time. All negotiations must be concluded as soon as possible to let all aspects of society recover.
Lin Qi looked at the president, "All the documents are here. You should be more familiar with these documents than me. Maybe you can find some problems that I haven't found?"
Lin Qi looked at him with a smile, "What do you think?"
This is not an invitation, but a tone similar to an order. The president doesn't know what will happen after he refuses, but he knows very well what he will face if he agrees.
He was a little nervous. After all, this kind of thing is a criminal act. The little conscience in his heart burned his conscience like a raging fire.
His palms were sweaty, and he subconsciously wiped them on his trouser legs, "Mr. Lynch, I don't know"
He didn't know a lot of things. He didn't know whether it was a good thing for the national bank to fall into the hands of foreigners, and he didn't know whether he would sell out the interests of the country by doing so.
He didn't know too much, and he knew very little, so it was difficult to make a decision.
Lin Qi looked at him, he lowered his head and looked at the upper of the shoe.
Lynch took out a cigarette box, threw one over, and lit one himself. As he inhaled the smoke into his lungs and exhaled, he said, "Actually, this is a good thing for the whole of Lemar."
"When the National Bank is in my hands, more capital will flow in here, and you can see that it has become more prosperous."
"As long as people are willing to work, they will definitely have a bright future."
"Society prospers because of capital and the market, and the National Bank is a guarantee when it is in my hands!"
"This is only good for Lemar, not bad."
Of course, this is a nice way of saying it. The slightly less nice and less friendly way of saying it 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 to people than military colonization!
Just like Nagaril!
Now whoever says that the federals are bad people, and that they go to Nagaril to exploit them and drink the blood of the Nagaril people, those people will kill this person.
Does capital exploit people over there?
Yes, they are both laborers, but their labor is not exchanged for the gains of federal workers. If this is not exploitation, what is it?
But is it only exploitation?
Obviously not!
While capital exploits most people, it also breaks up the social structure again, giving everyone the opportunity to rise.
Some Nagaril people have moved into middle- and high-end communities, with servants and servants, driving luxury cars, eating steaks, and living a life of superiority.
This was absolutely impossible in the past of Nagaril, but now it has happened. Who dares to say that everything that happened in Nagaril is bad?
When advanced capital forces carry out economic colonization of a backward society, the first thing to do is to build. You have to cultivate the market and cultivate the economic and financial foundation. Only in this way can you wield the sickle and squeeze out the last drop of blood while exploiting and squeezing.
In silence, the head of the bank sighed and asked, "Can I refuse?"
Lin Qi nodded, which surprised him, but what he said next made him smile bitterly.
"Of course you can refuse. I never force anyone, because I firmly believe that forced cooperation cannot maintain a long-term relationship."
"But I must remind you that the previous president is dead, and there are still many responsibilities that need to be shouldered. People need a target for them to vent their emotions."
"That person may be you, after all, you are still alive."
"You can not consider yourself, but you have to consider your wife, your children, and your family."
"The anger of the lower class people often has the nature of venting anger. We will arrange people to protect them, but this cannot last too long. I hope you can understand what I mean."
"I am not threatening you or intimidating you. I just tell you what will happen, and then what to do is up to you. I will respect your choice."
Lin Qi spoke very frankly and freely. He had nothing to hide.
Now that such a big problem has occurred, someone must take the blame. The previous president is dead, and the president is still alive and heavily involved.
So who should I choose?
The president thought about it, shook his head, and took out his reading glasses, "It seems that I can't refuse?"
"I always respect your choice!" Lin Qi shrugged.
The president seemed to have made a decision, "If I help you, what will I get?"
He stared at Lin Qi, he was convinced by Lin Qi, there were various reasons.
Lynch thought for a moment and said, "First of all, all this is the problem of the previous president. We will help you clean up the stains on you, but considering that you did play a role in these things."
"So you will still go to jail, but don't worry, I always treat those who have helped me well, and you and your family don't need to worry about life problems."
"You will be out in about one to two years, and I will arrange another job for you in the federal government."
Lynch fiddled with the documents on the table. To be honest, the president of the bank is still capable. There are few bad debts and the data in all aspects are very beautiful.
Although sometimes not so flexible, at least he is not too bad in his job.
He can't manage a national bank. Although it is actually not big, it can make certain achievements in other aspects.
A talent that can be controlled by oneself is a talent!
Listening to Lynch's words, the president wanted to laugh. He wanted to ask Lynch if the death of President Lynch was related to them, but after thinking about it, it's better not to ask such taboo words.
He began to work seriously. At Lynch's suggestion, the huge loan he took from the bank would become a bad debt and could not be recovered.
This had no direct relationship with Lynch's subsequent acquisition of the National Bank. These were two different things.
Soon, a bank with a bad situation appeared in front of Lynch, on the table. After reading the revised documents, he asked the president, "How much do you think it is worth now?"
The president thought for a while, "It's worth about 100 million."
He cut the assets in half again!
Lynch clapped his hands, "Very good, very good, then you can enjoy your vacation. Of course, if you don't mind continuing to work for me, you can try to study federal laws and books related to finance."
"You will have enough time in there."
Soon Lynch submitted the results of the investigation to the new president. At the suggestion of the former president, the president handled it. The bank over-issued a lot of money, and there were also many problems.
These problems were basically found out under a thorough investigation. In addition, the National Bank is now on the verge of collapse. Lynch provided a reasonable suggestion to the new president.
"I suggest that Lemar National Bank apply for bankruptcy protection immediately, and then I will take over it personally. I will inject funds into it, clear bad debts, solve many problems, and reappear with a brand new image."
"And there are many benefits to doing so. For example, when it is 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 international image!"
"I can also bring more active capital to Lemar, which will greatly help Lemar's future development."
"This is a new era. Only by working together can we achieve common prosperity!"