Soviet Godfather - v5 Chapter 274

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Mikhail’s private jet landed slowly on the runway of Japan’s Narita Airport, and then slowly drove towards the private apron of the Bank of Columbia at Narita Airport. Mikhail hasn’t been to Japan for a long time. Ever since the Gorky Group used the foreign exchange reserves of the Soviet Foreign Trade Bank to retreat from Japan, the Gorky Group has focused its business on the United States.

The reason for Mikhail’s revisit this time was not to visit, but to negotiate with the Japanese government on debt issues. Since the Seibu Group exposed the scandal of financial fraud, the Japanese economy has experienced a series of blows. With the fall of the Seibu Group, Japan’s largest real estate company, a large number of bank loans became bad debts and bad debts, which caused a crash and a chain reaction in the Japanese financial industry.

Japan’s top ten Union Bank of Japan collapsed, and Bank of Tokyo-Mitsubishi also made its biggest loss since its establishment. The entire Japanese credit market is completely messed up. At this moment, a large number of politicians in Japan’s Liberal Democratic Party, including Prime Minister Takeshita Toshita, were exposed to the Likulut scandal, which caused the financial industry’s long-awaited emergency bank rescue bill to be suspended.

In this way, Japan’s credit system was completely messed up, and even the Japanese economy began to slide into the abyss. The Japanese stock market began to experience a systemic plunge, and 90% of the stocks were placed at the limit on the daily market opening. To make matters more serious, the real estate industry, which has been driving Japan’s economic growth, has also begun to experience large-scale outages. Because of problems with the banks, the banks have tightened their loans. In this case, at first, someone sold the property at a substantial price cut, and then a lot of bamboo shoots were sold on the market. As long as the buyer is willing to bear the remaining loan, the house can be given to the buyer. , And later, even the bamboo plate can not be sold. Many Japanese people with heavy loads completely abandon their houses and even evaporate their lives.

For ordinary people in Japan, there are few people who have not been caught up in this round of house price and stock price drops. Many people looked at the real estate and stock markets as a surge of momentum, gritted their teeth and borrowed a lot of money from usury. But with the collapse of the stock market and real estate market, let alone the principal, they can’t afford to even pay the interest. Many male owners of Japanese families have abandoned their wives and children and let them be bullied by the underworld.

When it comes to the underworld, their lives are actually not easy. At the peak of the bubble economy, a large number of Japanese underworld organizations began to get involved in the credit business, and they used bank loans to set up financial companies one after another. Started a loan shark business. But now even the bank’s life is not easy. No matter how great the underworld is, it is impossible to confront the bank. Banks have various means to block the underworld. So when the bank forced debts from organizations like Yakuza, Yakuza could only force his clients of usury.

As long as the women who borrowed money are beautiful, Yakuza has a way to get them to pay back the money. And if a man looks outstanding, he also has a way to make money easily. As for the other people who can’t afford the money, Yakuza certainly has a way. Some people were forced to sell their organs, while others were trafficked to Africa to engage in skin and meat business, but a large number of men were trafficked to the Soviet ocean fishing boats to engage in the fishing industry. Every day, he has to work intensively in a humid and cold environment for more than ten hours. If he dies, the body will be thrown directly into the sea. And these men who owed large debts in Japan disappeared without a trace from the earth. The human tragedy in this scene was caused by Sergey Sha, but Sergey Sha did not feel a little conscientious, he was still planning to repeat his old tricks in Germany.

Mikhail came to negotiate debt issues with the Japanese banking industry and the Japanese government. The financial industry is a zero-sum game and does not create any value by itself. Strictly speaking, what the Gorky Consortium earns from Japan is that others lose. The Japanese have doubled the cash flow of the Gorky Group several times in one stop, and this is only a small part of the Gorky Group’s gains. In fact, almost every major Japanese bank and the Japanese government owed this financial catastrophe. Gorky Group has huge debts. It is impossible not to repay this debt. But now the Japanese banking industry can’t afford it, and the Japanese government can’t afford it, so we must think of a solution.

In order to survive the cold winter. Japan’s banking industry can only keep warm. The Bank of Tokyo-Mitsubishi merged with the debt-laden Union Bank of Japan and established a new Bank of Tokyo-Mitsubishi Union of Japan. The Tokai Bank of Japan absorbed assets from Toyo Trust Bank, Sanwa Bank and the original Tokai Bank. Against the background of this kind of enthusiasm, the newly established company began to divest the old company’s non-performing loans, liabilities, and bank debts. But this requires the approval of international creditors.

Bonds are different from stocks. When the creditor’s rights expire, the creditor has the priority to dispose of the company’s assets. This kind of power almost made the Bank of Colombia and the Blackstone Group become the emperors of the Japanese banking industry~www.mtlnovel.com~ Mikhail’s meaning is very clear. He has taken a fancy to Tokyo-Mitsubishi UFJ Bank, the largest in Japan, and hopes to make this The core bank of a large Japanese consortium is incorporated into the Gorky consortium. Why do you do that? Because Tokyo-Mitsubishi UFJ Bank is the core bank of many established Japanese industrial companies, and the foundation of the Mitsubishi Consortium is also a bank, and the bank is the top level of the Japanese consortium’s organizational structure. Although Tokyo-Mitsubishi UFJ Bank is in trouble, it still controls the controlling stakes in top Japanese companies such as Mitsubishi Heavy Industries, Toyota, Honda, Panasonic, Sony, Nippon Steel, Kobayashi Pharmaceuticals, etc. If it buys it, it is equal to it. The most valuable part of Japanese industry.

The Bank of Tokyo-Mitsubishi UFJ is no longer able to operate normally. Without Mikhail’s approval, all the profits of the Bank of Tokyo-Mitsubishi UFJ would be used to repay debts. If it does so, Tokyo-Mitsubishi UFJ Bank may not even be able to pay employees’ wages normally.

Mikhail’s meaning is very clear, that is, it is possible to divest debts, but the Gorky Group must buy a stake in Tokyo-Mitsubishi UFJ Bank. And as the single largest shareholder, it has invested in Japan’s largest bank. This time the conservative Japanese financial industry has no guts to reject Mikhail’s request. Just like those Japanese SMEs that have applied for loans from Tokyo-Mitsubishi UFJ Bank, there is no way to refuse them. As the top predator in the debt chain, the Gorky consortium can do whatever it wants.