Soviet Godfather - v5 Chapter 237

　　 Takeshita Teng wanted to know who the traitor was, but now the first thing he had to face was the parliamentarians who wanted to pick up the upper ranks. Just a few days later, the congressional consultation meeting that had originally agreed to discuss the emergency bank rescue plan was frequently interrupted by the opposition parties asking questions about Riculut Corporation. With the continuous media reports and the deepening of the case, more and more people around politicians are taken away by the Japanese police for investigation. The image of the Liberal Democratic Party in the minds of ordinary people suddenly fell to the bottom. Some media even described the Riculut stock incident this time as the Showa Denko incident, the shipbuilding scandal incident, and the Lockheed incident and called the four major scandals in Japanese politics after the war.

　　 Since the names on the shareholder list are all close to the politician, not the politician himself, no political tycoon has been arrested by the police yet. However, neither the media nor the people believe that these political leaders, represented by Takeshita Toshita, will be innocent. The media has long estimated that unless there is tangible evidence, it will be difficult for bigwigs like Takeshita Toshita, Miyazawa Kiichi, and Shintaro Abe to be convicted by the police. The only hope at the moment is that these arrested people can confess that they were instigated by others. What the media are most concerned about is the confession of Takao Fujihami, Chief Cabinet Secretary of Nobori Takeshita. You must know that if Fujihami Takao is convicted, the sentence may be as high as the sentence Ten years, but if he is just an accessory, maybe he only needs to stay there for a few years.

　　 The banking crisis that everyone was concerned about has now been completely replaced by corruption scandals in the Japanese political arena, and those depositors who were unable to withdraw money and investors who suffered heavy losses in the Seibu Group also attributed the cause to the corruption of politicians. For a while, no one cared about bad bank debts anymore. The top priority for the Liberal Democratic Party is to retain its largest party seat in Congress. And within the Liberal Democratic Party, those careerists who have been eager to try for a long time have also begun to move around.

　　 This is the best time for Seryosha to rectify the Japanese banking system. As long as Japan’s banking system collapses, there will be no supportable foundation for the property market and stock market. Seryosha is now going to compete with Japan’s most powerful Bank of Tokyo-Mitsubishi and Sumitomo Bank. In Sergeisha’s mind, the most suitable example is the Southeast Asian financial crisis created by Soros in 1998. Soros achieved his goals by shorting the stock and foreign exchange markets of Southeast Asian countries. But Japan is a little different. Japan is the country with the most foreign exchange reserves in the world. It is impossible to short the Japanese stock market and foreign exchange market at the same time. So Seryosha focused on shorting the stock market. At the same time, he also helped the Japanese government continue to raise the exchange rate, because only when the yen appreciates, Seryosha can exchange for more US dollars.

　　 While Riculut was still chattering, Bank of Tokyo-Mitsubishi and Sumitomo Bank of Japan were simultaneously attacked from the stock market. Under strong financial pressure, the stock prices of the two banks began to fall continuously. Because of the power of role models, the banking sector of the Tokyo Stock Exchange has also begun to fall as a whole. Although the decline was not as terrifying as the Seibu Group at the time, it still attracted widespread attention from the banking industry.

　　 In the face of arrogant short sellers, the Mitsubishi Consortium behind the Bank of Tokyo-Mitsubishi and the Sumitomo Consortium behind Sumitomo Bank both began to buy back their own bank stocks. The core of the Japanese consortium is the bank. Using the bank to control the enterprise is the most basic organizational form of the consortium. Therefore, Sergei’s attack on the consortium’s bank is tantamount to directly attacking their fate. Once the bank is defeated, the cars that are attached to the bank, There will be serious cash flow problems in the funds of large industrial enterprises such as chemicals and metallurgy. Of course, the consortium must desperately defend the bank’s stock price.

　　 Xie Liaosha used various methods to create such a rare opportunity in a thousand years. He has already placed a heavy bet on shorting Japan, and Mitsubishi and Sumitomo must fall. In order to fully allocate funds, Seriosha did not know that he took a large amount of funds from the Bank of Colombia, even from the Glencore Group, Monsanto Group, and even Yota Communications, Iridium Corporation, American Telephone and Telegraph Company, and Mediterranean Shipping. A large amount of funds were borrowed. In terms of cash strength, Xie Liaosha can definitely crush Mitsubishi and Sumitomo.

　　 Xie Liaosha and Japan’s two major banks will have a head-to-head contest at the opening of each day. The coach has no skills at all and is purely a competition of financial resources. Under Sergei’s crazy attack, the stock prices of Bank of Tokyo-Mitsubishi and Sumitomo Bank were losing ground. Those people who don’t know the inside story saw the scenes that had happened to the Union Bank of Japan and the Seibu Group once again appearing in the Bank of Tokyo-Mitsubishi and Sumitomo Bank. They all felt like a disaster was approaching, so they were originally due to the emergency bank rescue plan. The easing tide of runs reappeared again. Now, Bank of Tokyo-Mitsubishi and Sumitomo Bank have to deal with the strong pressure on the stock market on the one hand, and on the other hand, they have to deal with the outflow of funds caused by crazy runs on depositors. As a last resort, the two banks began to tighten loans.

　　 The first unlucky ones to tighten loans are those small and medium-sized enterprises that borrow money from banks and ordinary people who rely on bank loans to invest in real estate. They were notified by the bank without warning ~ www.mtlnovel.com ~ the bank told them that the loan that had been lent would be recovered. Customers are requested to prepare in advance.

　　 Many customers who received this notice can no longer sit still. If there is no loan, who can afford the current house. The bank simply ignores everyone’s life and death.

　　 Iconic banks such as the Bank of Tokyo-Mitsubishi and Sumitomo Bank are being sold short. As long as they are not blind, they will definitely attract the attention of the world. The international hot money, who were afraid to take action because of the foreign exchange reserves of the National National Taiwan University and the strong stock market and property market, also began to plan to take advantage of the fire. And the well-known Muddy Waters Company has simply become the commander-in-chief of short-selling Japan operations.

　　 In London, some private equity funds began to try to short the foreign index of Japan, while in New York, some hedge funds also began to try to develop Japanese business. The hot money is like a shark that smells of blood. After Sergey Sha, the deep-sea beast tore a piece of the Japanese economy, it also started to rush on crazy.

　　 If an open economy like Japan arouses the interest of international hot money, then the entry of hot money into Japan is like no one. Just a few weeks after the Bank of Tokyo-Mitsubishi, Sumitomo Bank, and Xie Liaosha stubbornly carried on, the addition of international hot money directly put the stock prices of the two banks on the lower limit, and at the same time, the types of banks listed on the Tokyo Stock Exchange Almost the entire line has a lower limit.

　　 And at this moment, in the Japanese parliament, the opposition parties jointly launched a no-confidence case against Prime Minister Toshita Takeshita. The banking sector suffered heavy setbacks and the Congress did not unite. Japanese politics are still fighting for power.