boom!
A bottle of champagne was opened, Fu Guang was pouring it for everyone, and they toasted together in celebration. ?Ranwen novelｗｗｗｗ．?r?a?n?w?e?n?`n?e?g
"Feng Yu, as you said, Leiman Brothers filed for bankruptcy protection. This is the fourth largest investment bank in the United States, and it will definitely have a huge impact on the financial industry of the United States." Fu Guangzheng said excitedly.
Following the bankruptcy of Bear Stearns, Lehman Brothers finally filed for bankruptcy protection!
Here, Feng Yu and the others are the biggest behind-the-scenes manipulators. And these manipulation methods are not easy to see.
The simplest way is to make entrusted investments through some small investment companies. For non-listed companies, this entrustment can be kept confidential.
This is also the most common method used by ancient families in Europe, and it is also the reason why there are many invisible rich people in Europe. They invest through these companies, and then the companies set up companies. After layers of entrustment, no one knows that they invested the money, and no one knows how much property they have.
Just like the Rothschild family, with only 10 billion euros in assets, who would believe it? With so little assets, why does it have such a high status
Those financial financiers use these means to hide their investments. Even if their investments cause many people to suffer heavy losses, no one knows that they did it, and the infamy is carried by others.
For example, in the U.S. financial market at this time, many financial institutions criticized by investors are from the United States and Europe. Many people know that assets such as Fengyu Consulting and Taihua Consulting have been growing and investment profits are increasing, but who knows How much of Feng Yu’s funds are in this
Even He Zhaoji doesn't know it, let alone outsiders. Unless Feng Yu hires someone to calculate carefully, Feng Yu can only make a rough estimate. Many of his investments have also changed hands through many companies, requiring a small fee.
Feng Yu took a sip of champagne and put down the glass: "Although Lehman Brothers is not small, it is still inferior to those state-owned banks in the United States. Look at the bankruptcy of Merrill Lynch and other banks, the impact may be greater than Lehman Brothers."
"This is just a step in our plan. We want banks and other financial institutions in the United States to continue to go bankrupt. This is our opportunity to invest in those old banks, and we can truly stand on top of the world!"
Ordinarily, Leiman Brothers can be considered an old bank, with a history of more than 100 years, which is much longer than those state-owned banks in China.
But compared with those ancient banks in Europe, it is far behind. The older the bank, the more entrenched it is. Although Lehman Brothers went bankrupt, those shareholders may not have really lost money.
The market capitalization of Lehman Brothers at this time was only about US$6 billion. How could they have debts of over US$500 billion and still receive funding
Who would believe that there is no relationship with those shareholders? To say that the Leiman brothers have been insolvent since last year. However, everyone is blinded by the apparent profits and cannot see that they are a small horse pulling a big cart.
Once their profits drop, losses will immediately appear. The interest on those loans, etc. alone is an astronomical figure, not to mention that the interest continues to increase, and many of them are compound interest
The debt is like a snowball, getting bigger and bigger, and finally reaches the point where it can no longer be pushed away. Those shareholders have already used other means to get rid of their liabilities, and the money has already been put into their own pockets.
Of course, there are also some who stand up to take the blame, such as the two CEOs of Leiman Brothers last year and the first half of this year, and there are also some smaller shareholders.
Feng Yu has long been interested in the banking industry, which is the most traditional financial industry. Although Feng Yu believes that the online electronic financial industry will rise in the future, no one can deny that traditional finance is still the largest.
Even though online banking is a type of online finance, it does not have to rely on traditional banks. Otherwise, it lacks credibility. If there is a payment problem, wouldn't the cash flow be cut off
There are also online payment tools such as payment packages and Beibao, which also need to be associated or even bound with bank accounts. Traditional banks are the basis.
Feng Yu once invested in Minsheng Bank, the first private bank in China, but Minsheng Bank's development in the country was subject to many restrictions.
Although Minsheng Bank owns the shares of many wealthy people and its credibility is not bad, it is limited by business outlets and business development, and its development is far behind that of state-owned banks.
For example, for some housing loans, car loans, etc., it is very easy for state-owned commercial banks, but it is not easy for public banks. If it weren't for the support of payment packages in China, which allowed Minsheng Bank's online banking business to develop well, I'm afraid it would still be the same as in its previous life, with development similar to that of provincial banks, and there would be no success at all.
Feng Yu can understand the country's choice, so that it can be balanced through upper-level adjustments, but it is too unfair to Minsheng Bank.
Looking at the names of the shareholders of Minsheng Bank, I felt a little scared. It is feared that Minsheng Bank will become the largest commercial bank in the country, thus taking the banking industry out of the control of the state.
Not to mention that the other shareholders are all names on the Hu Run 100 Rich List in China, but just talking about Feng Yu, the world's richest man, makes them worried. It's not that he is worried about Feng Yu manipulating the market. With Feng Yu's wealth, there is no need to do this at all.
Financial experts all over the world now say that Feng Yu is lying down at this time. As long as he does not encounter a brain-dead manager, the asset growth of these companies under Feng Yu's name is enough to ensure that Feng Yu will be the world's richest man until his death. , no one can surpass it!
After all, there are many unlisted companies under Feng Yu's name, and their valuations far exceed the market value at this time. But they just won’t go public, what can you do? There is no shortage of money and attention, so why do you have to go public to disclose your financial situation and distribute the profits to others
What those people are worried about is that the development of state-owned banks is not as good as that of public banks. How embarrassing that would be.
This time Feng Yu led the team to make waves in the US financial market, not only to hit the US economy, but also for another purpose, which was to take the opportunity to acquire some financial companies in the US.
Of course, Feng Yu has no interest in those situations that can be saved, like the Lei Man brothers.
This will allow Minsheng Bank and others to truly go abroad and make money abroad. At the same time, it has increased its risk resistance, profitability, and expanded its scale.
A commercial bank that can only operate in its own country is not a success at all. The state-owned commercial banks are not all going global at this time, but their development is not too smooth, but now the opportunity has come.
In the first half of this year, Feng Yu has quietly acquired some small financial companies through some investments, distributed in different states in the United States.
When integrated together, a huge business network can be formed. It just takes a lot of money to really operate it. At this time, Feng Yu's funds are all invested in the financial market. After returning to the market at the end of this year, it will be time for him to truly enter the traditional financial industry!
… (To be continued...)