The endings of Yongcheng and Shen Fu, Liang Yifei was deeply impressed.

In MBA, when it comes to entrepreneur positioning, the course gives examples of a group of entrepreneurs in the early days of reform and opening up, Shen Fu is not the biggest scam, but the end is the worst.

Due to the timely investigation and decisive action of the relevant departments, the losses caused to shareholders by this illegal fundraising case were not particularly huge, and more than 60% of the funds were recovered, but there was no situation in which the investors of the fund-raising platform in later generations lost all their capital.

The visible hand played a positive role in this case.

In the Shen Fu incident, people who have a little bit of a straight butt can at least reach a consensus: this fundraising behavior must be wrong.

However, in terms of specific analysis, Pan Jue is also a person, many people who have only come into contact with the world and have limited understanding of the economy have not analyzed it too thoroughly, and most of them are still shouting slogans and verbal criticism.

Or it is to denounce it from a wide range of sources, such as 'illegal financial policies'.

That's right, but 'financial policy' is a big box, and without rigorous analysis and refinement, it is easy to be superficial.

It's like accusing someone of 'you're a bad person', 'you're doing bad things,' then you have to make it clear how bad this person is, what bad things he has done, why these things are bad, and what kind of bad results will be.

A loud voice doesn't work.

There are even those who believe that as entrepreneurs, it is a step forward to dare to sue the president of a bank.

Pan Jue felt that it was obviously a very reasonable thing, but according to the previous voices of condemnation, it was difficult to convince people, but it seemed to be lacking in confidence.

As a media, no matter what the starting point is, since you want to wave the flag and shout, you have to be reasonable, and people are convinced, so that you can have prestige and effect.

As a reporter for the provincial newspaper, this is also Pan Jue's task.

The previous articles he wrote were all reasonable, clear, and convincing with reason, and this time, the newspaper leaders demanded the same from him.

"Hmm. Liang Yifei nodded, he was clear about the outcome of Shen Fu, so when he spoke at this time, it was through Pan Jue, and he couldn't have any risks, so he groaned for a while and said:

"Let's talk about those people who speak up for Shen Fu, analyze their motives, it's actually very simple, with the same attitude as the original Xiaoshanzhuang incident, everyone is an entrepreneur, the rabbit dies and the fox is sad, if you dispose of so-and-so, you will be able to dispose of me in the future, if you don't dispose of it, it will be my turn in the future, and you will be able to do things as usual. Therefore, the words of these people, due to the issue of their position, are naturally not convincing, you just need to point this point, and there is no need to argue with their views one by one. ”

Liang Yifei was speaking here, and Pan Jue naturally took out a small notebook from his bag and began to record.

"Don't say that I said it, I'm an entrepreneur, and I have a natural position, if I say it, then the next words are also not convincing. Liang Yifei said with a smile.

"Brother Liang, don't worry, I understand, entrepreneurs, safety first, I am a pen, of course I came up with these words. Pan Jue said with great eyesight.

"If you can think so, then I won't hide it from you, this matter, from the three aspects of economy, law, and the nature of the country, he has very important issues to write about. ”

Hearing Liang Yifei coming to 'one, two, three' again, obviously having a clear idea, Pan Jue began to laugh again: "Hey, hey, you said I listened." ”

"Economically, he gave high interest to raise funds, and the money he got was already enough for industry, but there was never an actual project put into production, or the project was not enough to meet the returns, so where did his high interest come from?"

"The money of the people who raise funds in the back pays interest to the people in front?" Mr. Pan said.

"Yes, once there is no one behind to invest, his funds will be broken, the further back, the bigger his snowball will roll, once the funds are broken, the more people will be damaged, so it is necessary for the state to act in time at this time. His behavior is known as a 'Ponzi scheme' in foreign countries, and it has been in foreign countries for decades, and it has been determined to be a financial fraud, and you can go back and check the information. Therefore, it is obviously wrong to say that he is an entrepreneur and that fundraising is a legitimate and reasonable business method. ”

In 1993, the concept of 'Ponzi scheme' must have been understood by experts and scholars in China, but it was still very unfamiliar to the vast majority of people, and it was never directly mentioned in the public media.

Historically, the Shen Fu case was the first case that brought the 'Ponzi scheme' into the public eye.

Even so, it wasn't until many years later that the scam was still so popular that it didn't even need to be changed.

There are so many fools that there are not enough liars.

"The second is that the law does not explicitly say that Ponzi schemes are illegal, but there are two things, one is to disrupt the financial order, and his behavior has obviously been violated; The second is even more explicit, it is corruption! Yongcheng I know that it is said that Shen Fu's personal life is quite extravagant, where did he get all this money?"

This time, Pan Jue was stunned and didn't explain: "Ah, corruption, isn't it, Yongcheng is Shen Fu's personal enterprise, and the money raised by Yongcheng is Shen Fu's money, and he embezzles his own money? ”

"Xiao Pan, this time I will teach you a trick, and if you encounter similar things in the future, the first one will be to investigate tax evasion, and the second will be to check the nature of the enterprise. Check and be accurate, and you can do whoever you want. ”

Liang Yifei smiled, "Yongcheng, if I'm not mistaken, it's collective ownership, not a private enterprise." ”

"Not a private enterprise?!" Pan Jue's eyes widened suddenly.

If that's the case, then there's no need to talk about anything else, just if the corruption article is solid, Shen Fu will have nothing to say at all.

Liang Yifei's expression was a little strange and nodded.

Yongcheng is indeed a collective enterprise.

In the late 80s, it was extremely difficult for private enterprises to apply for approval, and the policy treatment was also very stuck.

Many large private enterprises and famous entrepreneurs in the eyes of the common people are actually collective enterprises or simply state-owned enterprises.

For example, this Yongcheng, such as Jianlibao, are all such typical.

No matter how capable an entrepreneur is, in the final analysis, legally speaking, he is a factory director appointed by his superiors, and the factory is not his own, and no matter how much money the factory makes, he can't put a dime in his pocket!

In the early days of reform and opening up, because of the lack of clarity in property rights, a large number of disputes were caused, and a large number of well-known enterprises fell on it.

Therefore, at the beginning, Liang Yifei would rather bear a lot of troubles, be wronged, and go around a series of seemingly unnecessary big circles, but also to ensure that the company at hand is 100% private.

The property rights are clear and the accounts are clear, so under normal circumstances, when encountering an opponent at the same level, it is difficult to overthrow him from the surface, and can only rely on conventional competition.

In conventional competition, Liang Yifei is not afraid of any domestic entrepreneur.

"I really don't know this, I'll investigate it when I go back!" Pan Jue said in surprise, wrote down a note in the small notebook, and then said: "What does the last one, the nature of the country, mean?"

"Xiao Pan, let me ask you, we are a socialist country, this is written in the constitution, the constitution is the fundamental law, but why do we also have capitalist companies, private enterprises, stock markets, such things?" Liang Yifei asked.

Pan Jue's face stiffened slightly: "Brother Liang, this topic is a bit dangerous, right?"

"As an entrepreneur, not being able to figure this out is the real danger. Liang Yifei said: "Our cadres are called people's cadres, and our army is called the people's army, so our entrepreneurs, I think, are also people's entrepreneurs, and they are also developing the economy and serving the people, and this is the fundamental difference between us and Western capitalism." ”

After a pause, he said: "It is written in the junior high school political book that the fundamental task of socialism is to 'protect and develop the productive forces', so as an entrepreneur, if he takes the money to create value and really develop products, it is called the development of productive forces, on the contrary, it violates the fundamental task of socialism;

Besides, why does the state give policies and markets to train a group of entrepreneurs to invigorate the economy?

It is also mentioned in junior high school textbooks that this is to resolve the main contradictions in the initial stage of socialism and improve the people's living standards. Entrepreneurs can make a fortune, of course, relying on personal ability, but it is also inseparable from national policies. Entrepreneurs enjoy state policies but do not fulfill their mandates, even in the West, where many advocate a free economy, which is a serious departure from the spirit of contract.

In the same way, what is the current state's big policy? Some people are allowed to get rich first, but if they get rich first, they must lead the latter to get rich. His fund-raising behavior, once the funds are broken, the consequences can be imagined, he is rich, and the latecomers are poor.

Therefore, from the perspective of the nature of the country, Yongcheng's approach is fundamentally contrary to the spirit of the socialist constitution and is in direct opposition to the national policy.

Pan Jue was stunned when he heard it, as a propaganda mouth, he was more familiar with those words in the political book than anyone else, but he could analyze it so thoroughly, and the theory was so closely linked to practice, that is, Liang Yifei.

After digesting and absorbing it for a while, he concluded: "That is to say, economically, he is not a reasonable and legitimate economic behavior; legally, he has committed a major illegal act; politically, as an entrepreneur in a socialist country, he has fundamentally violated the principles of socialism." ”

"Yes, if such people are not dealt with, and such enterprises are not punished, then what else can't be done?!"

Liang Yifei thought for a while and said: "If the article wants to be brilliant, you can also add a paragraph, which is dedicated to the analysis of Ponzi schemes, and proposes that we should be vigilant against business traps in the process of reform and opening up, keep our eyes open, and stay away from money-trapping scams in the name of fundraising." ”

If you know more, it is better to shout loudly, no matter how loud the shout, the range of sound transmission is not as good as standing on the upper wind to speak.

There are indeed people in China who know about the Ponzi scheme, but if Pan Jue can take the opportunity of Yongcheng to put forward this concept and conduct an in-depth analysis in combination with the actual situation, then it is foreseeable that his future will definitely not be just an ordinary reporter.

Ponzi scheme experts, economics experts, these titles are just around the corner, and Pan Jue, who has these titles, is naturally very beneficial to Liang Yifei's future industrial layout, otherwise Liang Yifei would not be able to talk to him about this.