Chapter 98: More Important Than Money......

Soon Jia Lei saw Professor Wang with a hanging bottle in the conference room of Shuimu University, and saw that his old man was holding the hanging bottle with one hand, and the other hand was nervously writing something.

A large group of teachers and professors were all gathered in the conference room to discuss with him, and as soon as Jia Lei entered the door, he was targeted by this group of people, and the group of people who came in after Jia Lei sat down in the eyes of the people from Shuimu University.

"What about patents, show me the information of the patents you bought!" Professor Wang said in a hurry.

"I ...... There are so many things that I didn't bring back this time!" Jia Lei said.

When Jia Lei came in and saw so many people in the room, he immediately secretly turned his hand behind his back and waved his hand at Pete, who was holding the bag containing the patent documents, signaling him not to take out the patent.

"Oh, why didn't you listen to me and bring them back? Forget it, although you didn't bring patents back this time, then you always know what patents you bought this time, right?" Professor Wang asked anxiously, and he even wanted to come over and ask in person.

"Don't move! I'll go over and talk to you slowly. Jia Lei hurriedly stopped him and said.

"Lao Wang, let's talk about the patents later, can you let your grandson tell us about buying patents first? We want to know how he bought these patents?" asked the president of Mizuki University anxiously.

"What's so strange about this, the Ross government doesn't pay attention to patents! You just buy a company that owns these patents, and those patents are given to you as gifts. Jia Lei explained.

"Is it okay to have any patents? Do you also have patents for the military industry?" asked a government official, who quickly stood up.

"I don't know about this! Because there are no military enterprises in the first batch of enterprises to be auctioned, only some ordinary enterprises. Jia Lei shook his head and said.

"Hey! I knew that the Russians were so generous and so stupid, and that when someone from their country's Ministry of Finance invited us to invest, we should have sent someone there!" said an economics professor with regret.

"Not only did our country not send anyone to buy it, but other countries also didn't send anyone to buy it!" Now the Swiss bank, which is in charge of privatization, has said a lot of good things about many Western bankers, and those people have not dared to go," another professor replied.

"The situation in Russia is unstable, the Soviet Union and Russia are still vying for control of the government, and Ross is now in a state of dual government, how dare the country invest at will. What if there is another collectivization of the whole population in country E?", said a professor in the Department of Political Science.

"Now it's not just Moscow that has a problem, but all the federal jurisdictions and principalities under the government of country E are clamoring for independence, and we don't dare to invest in those places! What if they don't recognize the Russian government after independence?" said another professor.

"Actually, not only did our country not send people this time, but other Western countries did not dare to do it directly! Didn't they find a puppet for themselves?" said an economics professor.

Since the leaders of country E, such as Yeltsin and Chubais, have a pro-American attitude towards the West, their governments and reform plans have received strong support from the West.

Western countries even set up a new aid agency for the privatization reform of Eros, the European Bank for Reconstruction and Development, which was later abbreviated in China as the European Bank.

European issuer officials are willing to help with privatization policies, and they see the privatization of stock options as an excellent opportunity to attract Western banks back to e-Roth, and they have expressed their willingness to participate in the reform of e-Roth.

However, politicians are always concerned about risk and reputation, so ECB mobilized Credit Suisse First Boston to enter the Russian market, acted as an adviser to the E government on privatization, and took the initiative to take charge of all the costs of Credit Suisse First Boston's bailout.

In fact, anyone with a discerning eye knows that Credit Suisse First Boston Bank is nothing more than a puppet of Western countries

With the support of Western countries, First Boston Bank became the main Western investment bank involved in Russia's large-scale privatization, eventually handling one-tenth of Russia's warrant offerings.

*****

"Jia Lei, the reason why we didn't go to the auction is because we don't have a comprehensive grasp of the auction information, and we want to wait for the results of the investigation of the first batch of auction companies to come out before deciding whether to participate in the privatization of Russia!

"Don't say things so nicely, don't you just treat me as a landmine probe? My experience is very important, don't you just want to know how I bought these companies?" Jia Lei said speechlessly.

"I don't even know what to say about you! You dare to mix in anything, and you dare to cover up the sky. You also stepped on this mine yourself, and you can't blame others!" Professor Wang said angrily pulling Jia Lei's ear.

"It hurts, grandpa, let go!" Jia Lei shouted in pain.

"Don't grind and chirp, if you have anything to say, I'll have something to do with you." Professor Wang let go of his hand and said.

In fact, the first batch of companies to be auctioned off were selected by Credit Suisse, and few people bought them at the time of the auction! Credit Suisse people called Wall Street bankers everywhere before the auction, and finally a few wanted to try, and in order to attract more foreign buyers, the valuations of the first batch of auctioned companies were set very low. But the West did not appreciate it, and the purpose of their participation in the auction was not to buy companies, but to speculate in stocks!" Jia Lei said.

Who made the collectivization of the former Soviet Union so brutal, these bankers did not dare to buy industrial enterprises in their hands, and the easy circulation of small stock securities was their goal.

"What happened then?" asked an economics professor.

"On the day of the auction, several Western banks tried to buy shares with a large number of privatized securities, but they mainly invested in them, and the shares they bought accounted for a very small proportion of the company! Generally controlled within 5 to 20 percent, and in addition, the Russian government had already distributed 51 percent of the shares to the workers in the factory in advance, so very few foreigners would obtain a controlling stake in a company like me! Not many people knew that buying shares was equivalent to buying patents. Jia Lei said.

"I want to ask you about the patent, didn't you say that this is the patent you bought from a university? What the hell is going on?

"I didn't buy a university, but a college of further studies under the university! Although the most valuable thing in Ross now is intellectual patents and scientists, but for the sake ......of his own reputation! Those frenzied politicians are not going to sell the university as well," Jia Lei explained with a headache.

"So you bought it as a continuing education college! The president of Mizuki University nodded and said.

"Oh? Why can I buy a continuing education college to explain it? In fact, I have never figured it out, the faculty and teaching equipment of the continuing education college are so good, why should the government of country E sell it?" Jia Lei asked puzzled.

"Half of the students in the Soviet Union's continuing education institutes were mainly students sent by the member states, as well as students from other countries. Now there is not a single one of the 15 member states of the Soviet Union, which means that there are half the students of the continuing education colleges. Then why does the E government keep it, of course it is going to be sold!" the principal explained to Jia Lei.

"Hey! Whenever the people are in such a chaotic situation, the experts and scholars who are powerless are the ones who suffer the most! This privatization by Ross is clearly carried out forcibly for political purposes, and the Russian Government wants to rely on privatization to win over the support of the masses in order to strike at the Soviet government! Therefore, the result of privatization is not important, but what is important is that it can bring the hearts and minds of the people!" An old professor of the Department of International Politics explained.

"I see! No wonder these companies sell so cheaply, I finally bought the 100 million dollar worth of further education for only 10 million rubles, and the cheap ones are the same as the free ones, and the professors at Chelyabin University are very grateful to me. Jia Lei sighed.

"Poof!" As soon as Jia Lei's words came out, all the officials present who were drinking tea sprayed.

"At the current exchange rate of Eros, these rubles are worth 30,000 US dollars! Wouldn't it be the same to use dollars to buy things in Russia now?" said the official of diplomatic cloth in disbelief.

"Well, almost! The Ross are very poor now, and so many professors at the University of Chelyabin can't even afford 8 million rubles, so you should know how poor they are. Jia Lei nodded approvingly.

"In fact, the purchasing power of the ruble in Russia has not decreased much, but its value against the dollar is seriously undervalued. For example, it costs 400 roubles to buy 1 kilogram of beef in Moscow, but 4.4 US dollars in New York! The physical ratio is 90:1, but now the official exchange rate of the ruble against the US dollar in Moscow is 410:1, and this exchange rate is certainly abnormal! The value of the ruble is artificially devalued!" said a professor of international economics.

"Then what are we waiting for! Let's hurry back and report to the state, and let the state approve funds to buy patents and enterprises!" An official immediately stood up and said when he heard this.

"Hmm...... I'm afraid it's too late for you to go now!" Jia Lei hesitated for a moment but reminded them.

"What do you mean by that?" the group of officials asked puzzled.

"Have you heard about Gaidar's dismissal? Because of this, the privatization of large enterprises in Russia has been completely suspended! You can only buy small enterprises and assets such as advanced training institutes when you go to country E. Jia Lei explained.

"Hey! I said a long time ago that we should do it sooner! But those politicians were afraid of accidents, so they had to wait and see successful examples before they could talk about it! This is too bad, and we will miss such a good opportunity by waiting. An economist said bitterly.

"But the privatization of the whole people will not stop in the first place, even if this wave is wrong, we will definitely have a chance!" said another professor in the political science department, thinking about it.

"There will definitely still be privatization auctions! But at that time, the prices of enterprises may not be as cheap as they are now. Jia Lei nodded in agreement.

"Forget it, if you miss it, you can miss it! Now we have something more important than making money?" said the president of Mizuki University, after a moment's thought.

"What's the matter?" asked many people in unison.

"There may be political risks in buying a company in country E now, but it shouldn't be too risky for us to go to Russia now to recruit some scientists to come back! Didn't Jia Lei just say that so many experts and professors at Chelyabin University can't come up with 8 million rubles combined. In other words, they are now so poor that they can't afford to eat! It would be easy for people in our country to hire these experts and professors from the former Soviet Union to work in China or join research at this time with a high salary, right?" asked the president of Mizuki University with a smile.

"That's not just easy! That's just so easy! The government has been paying some teachers and scientists for months, and they're all going on strike in the streets. Now as long as someone is willing to ask them to work in dollars, they are willing to do anything. Jia Lei immediately said affirmatively.

"As long as they have money, are they willing to do anything?" Professor Wang asked in disbelief.

"Of course! Now the professor of the Department of Economics at the University of Chelyabin is taking his graduate students to make financial statements for me. Jia Lei nodded affirmatively.

"You...... You...... I was so angry that I was asked to ask a well-known economics professor to make financial statements for you! Are you so ruining the word professor!" Professor Wang angrily picked up the glasses case on the table and hit Jia Lei on the head and back.

"Oh! You have wronged me, am I obviously doing a good deed? Obviously, those university professors are scrambling to work for me, how can I insult people?" Jia Lei said while holding his head.

"Dad, don't be angry! watch out for your body, you have a hanging bottle in your hand. Uncle Wang hurriedly grabbed Professor Wang and said.

"I'm not piercing! Jia Lei is so able to toss, even if I die, I can be revived by him. After Professor Wang finished speaking, he pulled out the needle in his hand and threw it aside.

"You really misunderstood me, those university professors can't even afford potatoes at home now! If they don't have my salary, they will starve to death!" Jia Lei quickly explained.

"Oh my God...... Why are we people who do science being treated like this? It makes me so sad. Professor Wang said sadly.

"Don't be sad, Wang, our university is going to rescue our companions in Eross, and we will invite them back to be teachers and researchers! Although our country is not rich, we will definitely not let them go hungry. The president took Professor Wang's hand and said solemnly.

"That's great! A lot of my old classmates are professors over there. Professor Wang nodded.

******

In the first few years after the collapse of the Soviet Union, due to the collapse of the ruble caused by shock therapy and the instability of the domestic situation, hundreds of thousands of scientific research talents from Ross and the former Soviet Union have left the country, and they have taken a large number of scientific research results of the former Soviet Union to Britain and the United States and other countries, which really made Western countries ecstatic.

Of course, in addition to these experts who have gone to the West, there are also a large number of experts who have been invited to China, and although the number of these scientists is small, the quality cannot be ignored.

In order to "snatch" more scientific and technological talents, Huaxia specially allocated funds to introduce experts from the former Soviet Union, although the salary given by our country is not as generous as that of the West, but the specific treatment is more humane. In particular, everyone was originally brothers under the leadership of Marx, which made many former Soviet experts more cordial to China.

Among them, the most representative figure is the famous scientist Professor Jin ****, who presided over the design of "An-72/74/71", "An-26/30/32", "An-124", "An-225", "An-70", "An-140", has rich scientific research experience, and can be called a national treasure.

In just a few years in the 90s, China successfully developed the Julang-2, Dongfeng-31 and Shenzhou spacecraft, and these scientists from Eross have made great efforts. I want to talk about "Rebirth 1990: The Invisible Rich" with more like-minded people, pay attention to "excellent reading literature" on WeChat, talk about life, and find confidants~