Soviet Godfather - v5 Chapter 231

The news that Tsutsumi Yoshiaki was sent to the hospital and the Seibu Group’s liquidation was forcibly closed by the bank made headlines in the Japanese media that night. At the same time, many people in the financial world have begun to read the research reports produced by Muddy Waters from a new perspective. Although there is no direct evidence that Muddy Waters was behind the big shorts of Seibu Group, the short-selling activities did occur after Muddy Waters’ report was published.

Lebedev’s research report became the favorite of Japanese media with the explosion of Yoshiaki Tsui, and even European financial research institutions began to pay attention to the research report of muddy water. And Tsui Yoshiaki’s liquidation made the Seibu Group’s debt issue become the focus of media coverage.

Although Di Yoshiaki is still in the hospital, the investment community has already had some doubts about his solvency. It is still unknown whether he can recover his losses. The Seibu Group applied to the Tokyo Stock Exchange for an emergency suspension of trading, and the stocks of all municipal companies under the Seibu Group will temporarily suspend trading. The discerning person can tell at a glance that the Seibu Group was forced to die by the mysterious empty side, and they can no longer bear the stock price to continue to fall like this.

Just after Tsui Yoshiaki was sent to the hospital, the Japanese financial community began to re-examine the huge losses of the Seibu Group. Today alone, the Seibu Group has lost tens of billions of dollars in assets. Te Yoshiaki’s net worth has shrunk even more. Is there really no problem with such a company that has been continuously shorted by funds? Facing this problem, the main bank of Seibu Group was the first to respond. In the face of the plunge, an ineffective Tsui Yoshiaki began to make them doubt the solvency of Seibu Group, and they began to issue payments to Seibu for themselves. The group’s loans were worried, and similarly, in the bond market, due to successive declines, the Seibu Group’s corporate bonds began to be downgraded by the three major European and American rating agencies. This is a huge blow to the confidence of creditors. Under these two worries, Seibu Group’s debt problems inevitably broke out.

The first is Seibu Group’s main correspondent banks, Bank of Tokyo-Mitsubishi and Sumitomo Bank, which are trying to recover the loans they lent. The Seibu Group refused on the spot on the ground that Tsutsumi Yoshiaki was still hospitalized and could not handle official duties. This makes these two banks more worried about the safety of their own funds.

At this moment, the Swiss-based Muddy Waters Company issued the latest research report, pointing out that several large-scale projects of the Seibu Group in Hokkaido suffered serious losses, but these projects were marked as profitable in the Seibu Group’s financial reports. As soon as the news came out, investors became more suspicious of Seibu Group.

The first financial fraud can be said to be the negligence and carelessness of the staff, but the second time there were more financial fraud incidents. This can no longer be fooled by negligence alone. Who knows how many dishonest frauds the Seibu Group has.

The Muddy Waters report is now a must-see financial report in the Japanese investment community. Even many foreign investors regard the Muddy Waters report as an important research material. The reason is that every time Muddy Water issues a research report on the Seibu Group, the Seibu Group will always suffer heavy losses. This time, the large-scale fraud incident has made the shareholders of Seibu Group hold a cold sweat for their company.

The Bank of Tokyo-Mitsubishi and Sumitomo Bank are not so easy to dismiss. As long as Tsui Yoshiaki is not dead, he will have to face the bank’s debt collection. The opportunity was when Tsutsumi Yoshiaki had just recovered from a coma, the heads of the Bank of Tokyo-Mitsubishi and Sumitomo Bank’s credit department, who had received the news, came to visit Yoshiaki Tsutsumi with gifts. After a courteous arrangement, the two sides quickly got into the topic.

“President Tsutsumi, I am sorry to bother you when you are sick, but we hope to be able to recover the credit funds lent to your company. We at Tokyo-Mitsubishi Bank recently had some liquidity problems, and the turnover of internal funds was in trouble. …”

“President Tsui, on behalf of Sumitomo Bank, I would like to discuss with you the repayment of your loan from our bank. I want to know that you used your stock as collateral to take the loan from our bank, and now your company’s stock price has shrunk severely. , Your company must provide new collateral, otherwise we have to withdraw the loan in advance…”

Tsui Yoshiaki is the richest man, and no one has dared to talk to him like this for many years. Before he entered the hospital, he only needed to get a loan. The executives of the two banks went to his office to negotiate. Now he has only sent two persons in charge to force the debt. Doesn’t he really feel like a bully?

“Two, I’m still in the hospital, can’t I wait for my discharge to discuss debt issues?” Ti Yiming said in a bad tone.

“I’m very sorry to disturb you, but it is our bounden duty to ensure the safety of customers’ funds. Please be sure to raise your hands…” The director of Tokyo-Mitsubishi Bank saw Tsuto Yoshiaki’s attitude and knew that the other party did not intend to pay back the money. Kneeling directly on the ground, he pleaded with Tsui Yoshiaki in an apologetic gesture. The supervisor of Sumitomo Bank, who was standing on the side, also knelt on the ground ~www.mtlnovel.com~ and pleaded with Yoshiaki Tsutomu. Two fifty-year-old men knelt on the ground respectfully, nodding their foreheads begging the once richest man in the world to return the loan and redeem the stock. The reason for this is that these loans are issued by them. Once they cannot be recovered, their careers will be over. They will definitely be retired if they cause such a big loss. And as the largest landowner in Japan, how much money did Tsui Yoshiaki borrowed from the banking system where the two belonged? This figure is terrifying.

“Do the two have to tear up the friendship between me, Mitsubishi and Sumitomo for many years? Come here, I am uncomfortable, help me see off!” As soon as Tsui Yoshiaki said, his bodyguard came in and asked politely When the two went out, how could the two of them dismiss it so easily, they were unwilling to leave from the room, and they seized on Ti Yoshiaki’s bed and refused to leave. Tsui Yoshiaki became even more angry and told his bodyguard to throw the two people out of the room unceremoniously. The scene is too ugly.

Although this is a private hospital, everything that happened will not be leaked out. However, the hospital has long been infiltrated by some deliberate media. This scene in Tsui Yoshiaki’s ward was completely recorded by reporters disguised as hospital staff. It was broadcasted by a TV station in Tokyo that night. With the attention of the media, Tsuyoshi and major correspondent banks Everyone knows that the violent affair was made that night. The next day, the building of the Seibu Group headquarters was crowded with investors who came to collect debts. Many people feel uneasy and panic about the Seibu Group, which is swayed by storms. ()