Rebirth: My 80s

Chapter 1224 Bewitching
evening.

On the second floor of Huaqiang Taikoo Bank on Bank Street, the door of a small conference room that had been closed for almost the entire day finally opened. Li Jiankun walked out of the conference room, holding his waist and twisting his neck.

He suddenly found it a little funny, a bunch of stingy Westerners who really couldn't bear to see him do well. But it was obvious that those old guys would definitely not have it easier than him.

Physical fatigue is secondary, the main thing is the mentality.

He did pay a price, but he could still laugh, but those guys definitely couldn't.

Think about it, the planning started since the Soviet era, using Western political relations, the various tycoons worked together, and tried every means to gain the trust of the Soviet side...all kinds of calculations, all kinds of intrigues, it cannot be described as painstaking.

Later, they did achieve their goal and acquired a large amount of securities, which means that many Russian companies fell into their pockets.

But now, they have to give up the fruits that they have harvested with countless material and human resources, and I feel sorry for them just thinking about it...

All Li Jiankun had to pay was some rubles.

There is plenty of it in the vault, and most of it is absorbed at an extremely low cost.

Looking at Liu Jingyan's glamorous smile in the conference room, you can tell that the price they paid is not worth mentioning in her eyes. There are several accounting staff next to her, who cannot leave work for the time being. They have to calculate how much cash their bank needs to prepare for the transaction based on the data provided by Western banks. At the same time, according to Liu Jingyan's meaning, they also need to make a preliminary calculation of how much property the boss will own in Russia after the transaction is completed tomorrow.

It must be a wonderful statistic.

Think about it, the securities that are about to be acquired were originally divided among the Western tycoons. Now, they are all in the hands of the boss! In the hands of one person!
Even at the boss level, this is still a windfall.

Can be rich.

Without the quotation marks, he is rich enough to rival a country.

The combined size of all the companies in many small countries is not that large.

"Everyone, please take some time to work. I'll ask Brosnaya Restaurant to keep the door open until we get there." Liu Jingyan curled her red lips.

The accountants immediately became excited.

This restaurant, which was founded in 1898, has never lacked celebrity customers. If you want to dine there, you have to make a reservation long in advance.

This is the power of money, oh no, the dual power of money and connections.

No one doubts that their female president can call the shots in Moscow, let alone the big boss who goes out to smoke.

That is... God.

"You guys are busy, I'll go back first." A voice came from outside the door.

Liu Jingyan cast her eyes towards the door and said softly in Chinese, "I'll ask the Red House to make some soup for your throat. Go back and have a rest early. Tomorrow we'll trade, and those abandoned dogs won't be in a good mood. Just leave it to me."

"It's great to have you, Ayan." The voice came into the office, revealing a sense of fatigue.

Liu Jingyan was radiant, and she pursed her lips and said, "That's it."

Two of the accountants were from Hong Kong City and they were busy with their work. This was not something they could see or hear.

----

Although there were sparks flying between the Western Bank and Huaqiang Taikoo Bank in the transaction, there was no trouble. After all, it was a matter decided by the bosses of both parties, and everything went on in an orderly manner.

As money transporters moved more frequently on Bank Street, some perceptive Russians sensed that the situation was changing. Or, in other words, some Russians had been watching this day, and they were not stupid enough to think that the ruble would continue to rise indefinitely.

So these people thought the time had come for negotiations.

Gregory was a representative of creditors. During the period of money shortage, Russian people who had deposits in Western banks but could not get their money back spontaneously began to band together for warmth, thus many "debt collection groups" were born, most of which were formed according to the amount of debt. The debt collection group represented by Gregory was of the highest level among the people.

For example, Gregory came from a large family with many politicians and officials, as well as many high-level intellectuals. The family had branched out to many European countries. As the second son of the family, Gregory was responsible for maintaining contact with the entire family and was also the family accountant. The deposits that he deposited in Western banks, originally intended to earn high interest, amounted to millions of rubles.

In the afternoon, Gregory arrived at the Wells Fargo Eastern European Headquarters on Bank Street at the time agreed in advance, along with several capable people in the debt collection team who were gradually showing their abilities.

Meet Quentin, one of the bank's vice presidents.

This was the nth time the two sides had met. Although Quentin still had a faint smile on his face, Gregory could clearly notice the change in his attitude.

Can understand.

It was different when you had money in your pocket. Gregory didn't care.

"Mr. Quentin, we came here this time to discuss your bank's use of US dollars to redeem our ruble deposits. The main issue is the redemption ratio..."

"What ratio?" Quentin interrupted him, leaning back in his chair, placing his right hand on the negotiation table, tapping it with his fingertips, and said with a smile, "We will pay you rubles. We will pay you the same amount of rubles you deposited, including interest. Rubles for rubles, there is no ratio."

Gregory and several people around him frowned at the same time. During the days of cash shortage, this guy didn't use this kind of tone, begging them to accept payment in US dollars.

"Are you sure?" Gregory asked.

Quentin chuckled and asked, "Aren't you well-informed?"

Gregory said in a deep voice: "But as far as I know, the ruble cash you got from Huaqiang Taikoo Bank is very limited, and it is not enough to pay off the ruble deposits and interest owed to all customers."

Someone beside Gregory added: "Your bank knows exactly how big a group we are. The deposits and interest you owe us add up to an astronomical figure!"

Another person chimed in, "Mr. Quentin, I hope you understand that we are giving you a chance. If other small customers' money is paid out in the end, but ours is not, the situation will be a hundred times worse than it is now. Please believe me, the combined power of us cannot be underestimated!"

"Oh, I received the threat." Quentin smiled calmly. "In the final analysis, you still like the US dollar, right? So, excuse me, what were you doing before? We chased you to redeem before, and you kept increasing the stakes. Now that we have the ruble, you are willing to accept the US dollar redemption. Haha... You want to take all the good things in the world. Sorry, we don't want to redeem with US dollars now. What should we do? When we start lending and redeeming, you should hurry up."

As he said this, he stood up, as if to see the guest off.

Gregory looked around and after exchanging glances, he could see anger, helplessness and confusion in each other's eyes. After turning his head back, Gregory looked at Quentin and asked, "When will you start lending and repaying?"

"tomorrow."

Gregory said no more and left with a few people. His family had good connections in the financial department, and he was sure that the news he got was true. Besides exchanging securities for rubles from Huaqiang Taikoo Bank, these Western banks had no other transactions with the two sides. So where did Quentin get the confidence from?

Can't figure it out.

Quentin stared at the backs of Gregory and his companions with a disdainful sneer on his face. Who are they threatening? They don't even want to use the bank anymore. They can ask anyone for money.

As for these bank managers.

Some of the words coming from above, although they are very uncomfortable to hear, are true. Even now, it is impossible for them to leave the country.

Not only them, but also some children of chaebols were restricted from leaving the country.

So what is the difference after the plan is implemented?

At least the higher-ups have guaranteed that they will not abandon them completely and will not let them suffer serious consequences, such as when some parties want to deal with them privately; as for the surface, no one can do anything to them. After all, they are just workers. If the company is finished, they cannot be held accountable according to any law.

Quentin was still thinking before he went to bed last night, in fact, it's good to have a long vacation. That's all.

----

Western banks began to redeem ruble savings, causing quite a stir in Moscow and throughout Russia.

The most direct impact is that the ruble-dollar exchange rate, which had been soaring since the cash shortage, has suddenly come to the brakes and has shown a downward trend.

But there are still three Western banks that have not made any moves.

Hey!
It was like a bolt from the blue, which caught the Russian people by surprise and who had hoped to make a fortune from this incident, but whose hopes had been dashed, and now they pointed their 40-meter-long spears at the enemy.

Stone, the CEO of Chase Bank in Eastern Europe, was in a state of panic and was almost beaten up by someone who broke into his office today.

The nature of this matter is the same as the saying “It is not the scarcity of wealth that is worrying, but the inequality of wealth”.

In the past, when no one had the money to repay, it was not a big deal. But now, all other Western banks were repaying except these three, and all the anger was concentrated on them, more violent than before.

If the large number of police officers had not arrived today, the bank building would have been demolished by the depositors.

Even though he was secretly escorted away from Bank Street, Stone still has lingering fears.

Instead of returning to his own residence, he came to Judy's luxurious apartment, entered the door without saying a word, and roughly pressed Judy under him. In Stone's view, the current situation of the bank and his current situation were all caused by this woman.

Judy was not angry but happy instead. This was the first time she had seen Stone like this.

"Cousin!"

"hehe."

"To see people!"

"Are you okay? If not, I don't like it when you scold me like this." Judy said, "Actually, your anger is totally unnecessary."

Stone roared, "Don't forget that you are also a discarded pawn now!"

Judy's expression darkened. "Bullshit! I'm not like you dogs."

When Stone was about to speak, Judy sat on his lap, pressed his mouth with one hand, and smiled charmingly, "There's really no need. I didn't expect that someone as smart as you can get blinded by anger. In fact, the current situation is very favorable to us."

Stone was stunned for a moment, closed his mouth and waited for what was to come.

Judy smiled proudly and said, "Because we are the only ones who have securities now. With what that bastard Jack Lee did, the value of those securities has skyrocketed instantly, and many international investors are eyeing them. Let me ask you a question: If we sell the securities, will there be a shortage of buyers?"

Stone shook his head, saying that there was no shortage of it before.

Judy smiled, "We can also sell it at a very good price. Other banks will lose money, but we may not. We can even get out of it unscathed, which will greatly increase the bank's credibility and reputation, and bring endless benefits..."

Stone was not a stupid man after all. After Judy's reminder, he immediately understood the reason.

First of all, with so many top chaebols gathered together, what they are pursuing must be of extremely high value. Even a fool can see this. However, few people knew about their purpose before it was revealed. Later, when they were frantically acquiring securities, even if some other chaebol capital wanted to enter the market, it was too late and they could only watch. However, there is no doubt that from then on, the world-renowned chaebols have been eyeing the securities of Russian state-owned enterprises.

Very greedy.

Now, Jack Lee, who has never failed in his investments, is trading those securities on such a large scale from Western capital.

Aren’t there many people in the investment circle who deify Jack Lee? This is equivalent to the identification of God.

Those capital tycoons who had always coveted securities are now drooling over them.

Therefore, there is nothing wrong with Judy's analysis. If anyone sells those securities now, there will be no shortage of buyers. On the contrary, because there are so many buyers, there will be competition, and the value will continue to rise. In the end, they will definitely be sold at a good price.

For example, the securities held by Chase Bank, after being sold, may not necessarily be equated with savings that are now unable to be redeemed. Facts have proved that the US dollar is still attractive.

That's what Judy calls getting away with it.

As for why she wanted to withdraw, it should be Judy's subjective idea, because Jack Lee is now the king of Russian business. Anyone who does business with him in this area will generally not get any good results if the relationship is not friendly.

And what Judy said, “The bank’s credibility and reputation have greatly increased, and the benefits are endless,” is also easy to understand.

Because according to the joint plan of their Western allies, they will give up their business in Russia. However, no matter how they plan, they can fool ordinary people but not the elites. This move will inevitably have a certain impact on their credibility and reputation. This is the price. If they don't do this, Jack Lee will strangle them, and they will have to pay a higher price, much higher, to complete the repayment of all depositors.

Choose the lighter of the two phases.

So when almost all major Western banks and financial tycoons did this, why did Chase and the Rockefeller family not do so? Isn't that a breath of fresh air?
It will certainly gain better reputation and trust among the global elite, who are the big customers. There will be endless benefits in the future.

However, after sorting out all this, Stone raised his eyebrows, stared at the complacent Judy, and said in a deep voice: "Do you want to be doomed forever?!"

What is this behavior?
Selling allies!
And those allies are not so easy to betray.

"Stone, Stone, you still don't understand the key. Do we have a choice?" Judy raised her lips and answered herself, "No, we don't have a choice."

"Jack Lee refuses to negotiate with us."

"We can hardly raise even one ruble."

"You almost got beaten up today, and you will really get beaten up tomorrow, almost to death... You see, we really have no choice."

"When Jack Lee refused to negotiate with us, did our allies stand with us? No, they didn't. They only cared about themselves. To some extent, it was them and Jack Lee who put us in such a passive situation. How dare they blame us?"

"If the money owed to Russia and the Russian people is not fully repaid, the securities will be nothing more than a pile of waste paper."

"So what's wrong with us who have been forced into such a situation and selling securities to escape this inhuman situation? This is called self-rescue! Climb out of the deep well that they and Jack Lee stepped into. Even ants try to survive."

"As for the subsequent benefits, we are cornered at this moment, how can we think so much? It is purely an accident, yes, an accident, who could have thought of it, haha..."

Judy held her chin high, looking very excited.

Stone was silent for a moment. What Judy said was not entirely unreasonable.

"Okay, find a buyer," Judy ordered.

Stone frowned, "Can you decide this matter?"

Judy asked back, "Do you think it would be better to tell the family about this and let them make the final decision?"

Stone was speechless. There is no wall that is impenetrable.

"Remember, if we don't do something, we will have nothing but a pile of waste paper, a huge debt here, and a bad reputation." Judy hooked Stone's chin with one finger and stared into his eyes. "And you, very likely, will really die. You are the focus of all the anger."

(End of this chapter)