"The U.S. Department of Justice has charged you with dozens of counts, and even if you only find a few of them, you may face a catastrophe from which you will never recover......"

Well.

Milken smiled wryly and nodded, he naturally understood that his situation was not good. The next charges will bring him endless trouble.

"Thank you Mr. Tang for reminding me, I have long been mentally prepared for my predicament, of course, even if the regulatory authorities are staring at me, I am confident to deal with the past!" Calming down the slightly complicated emotions, Milken said calmly. He has not been accused once or twice, and he has been able to deal with the past safely, and this time he is in more trouble, but he is also confident.

See here.

Tang Bao secretly shook his head and sighed, it seemed that Milken had not recognized his danger clearly, and couldn't help but remind him loudly: "Mr. Milken, in the past, you were able to pass all kinds of lawsuits and lawsuits safely, and that was because you were still the absolute king of the junk bond market. Unfortunately, the junk bond market has faintly collapsed, and you are no longer an executive of Dechong Securities...... From the moment the settlement is reached between Dechong Securities and the government, it means that you will face this lawsuit alone. With all due respect, without the support of Dechong Securities, you are more than lucky this time. The Ministry of Justice has casually identified a few of the charges...... The consequences, you should be clear. ”

Well?

Milken was stunned and looked at Tang Bao in some surprise. I wondered why Tang Bao cared so much about the charges he was facing.

"Having said all this, I just want to tell you that Dechong Securities has actually given up your chess piece, and it is not worth your effort. And after you cut off from Dechong Securities, it will be easier for the Ministry of Justice to charge you with crimes. You have been engaged in bond trading for so many years, and you have taken advantage of countless loopholes, strictly speaking, all of which are illegal. And these illegal transactions. You are certainly not the only one who knows that the junk bond trading department you lead must be a clean ...... As long as a few of them reach a plea deal with the government, it will be a fatal blow to you. Tang Bao said with a smile. In the past, you brought them to earn high commissions and made them look great in front of their Wall Street peers, and they all looked up to you. It's a pity that you're not their boss now, and you can't control what these people say or do. ”

Hear the words.

Milken fell silent, the junk bond trading department was the fortress he had painstakingly run, and now. The fortress began to crumble.

It collapsed from the inside.

And he has been kicked out of Dechong Securities, and can only watch the fortress gradually collapse, but he can't make any repairs.

Alas.

Milken sighed softly, many of the various transactions he started were entrusted to his subordinates, as long as he opened his mouth...... He's done.

"Heh, as far as I know, there's a senior salesman named Dahl in your junk bond trading department who has reached an exemption agreement with the government......"

"Hmm."

Milken nodded subconsciously in acknowledgement, and then further explained: "Dahl's cousin works for the U.S. Department of Justice. So...... However, Dahl was responsible for a limited deal and said that he had reached an exemption agreement with the government, and he could not provide any evidence of lethal damage. ”

"That's what I want to do!"

Tang Bao smiled. According to information provided by Kate, Dahl reached an immunity agreement with the U.S. government last year, and if there was any evidence that led to Milken's death, Milken would have been thrown into prison long ago. But the lawsuit is proceeding very slowly...... There's only one reason for that. That is, Dahl, who is loose-mouthed, only knows the skin of Milken's deal, and can't come up with dry goods at all.

"However, the embankment of a thousand miles was destroyed in an anthill. Now that Dahl has spoken, this is a loophole, and you are forced to leave Dechong Securities, so you can't close it in time. Over time, this vulnerability will also get bigger and bigger until it completely swallows you up! ”

Looking at the silent Milken, Tang Bao smiled. When he said this, he wanted to make Milken completely dead to Dechong Securities.

Of course.

Tang Bao also did not frame Dechong Securities, this is a fact.

As far as he knows, Milken was sent to prison, and the internal employees of Dechong Securities could make a lot of "contributions", without these insiders shaking out all kinds of transaction details, even if the Ministry of Justice knew that Milken had problems in the transaction, it would not be able to grasp the fatal handle.

Before.

Milken holds a high position at Dechong Securities and can still control it. However, now he has been forced to leave his job, which is equivalent to a flood bursting the levee.

No matter how strong the fortress was built before, it would be washed away sooner or later. The moment of complete collapse was the day Milken was thrown into prison......

Call.

Milken couldn't help but take a deep breath, and after listening to Tang Bao's words, the pressure on his body suddenly increased a lot. "Joseph, can you really help me clean up the mess?" Milken's mind suddenly became suspicious of the promise of Joseph, the CEO of Dechong Securities.

Originally.

On the one hand, he really did not want to let Dechong Securities fall into the endless abyss because of this, and on the other hand, Joseph assured him that he would not be held accountable for his faults, nor would he let the staff of Dechong Securities' junk bond trading department betray him.

Milken knew to everyone that once the junk bond trading department he led collapsed, he was really finished.

"No, I trust Joseph, he'll order the junk bond trading department to shut up, and I'm not kind to my subordinates when I was in the junk bond trading department, they won't betray me, and not everyone is as shameless as that damn bastard of Dahl." Milken said in a low voice, as if he was refuting Tang Bao, and as if he was giving himself confidence.

Scold.

Tang Bao's face couldn't help but smile, it seemed that Milken's confidence was shaken. He wants to divide the relationship between Milken and Dechong Securities.

Dechong Securities will go bankrupt, and Milken will be thrown in jail. This is a historical necessity, and nothing will change.

But.

Tang Bao hopes to use Milken's prestige and connections in Dechong Securities to take over some of the people and business of Dechong Securities. The emaciated camel is bigger than a horse, and if he can directly swallow part of the business of Dechong Securities, then his investment bank prototype will be quickly established.

Maybe.

Some people will be very puzzled, since the business and staff of Dechong Securities are so important, wouldn't it be more straightforward to directly acquire Dechong Securities.

It's not that simple.

First of all, Dechong Securities was a crying presence on Wall Street in the 80s, reaping huge profits while offending countless competitors, and its reputation has long been ruined.

Secondly, Dechong Securities reached a new agreement with the government, and the constraints and restrictions were also very strict. It is also saddled with a whopping $6.5 billion in fines, a backlog of $3 billion in junk bonds, and a potential civil lawsuit...... Moreover, many employees of Dechong Securities were involved in illegal trading cases, and the fault of these people also led to heavier penalties and supervision of Dechong Securities. Perhaps, investing in Dechong Securities only costs a few hundred million dollars, but this is a bottomless pit, and it can't be filled at all.

At last.

Dechong Securities has been suspended from operating bond business by the regulator due to illegal operation and stirring up trouble in the junk bond market. There is no question when it will be restored...... Bond business is a very important part of the business of an investment bank, and if you are not qualified to operate bonds, then the investment bank is no different from a congenital disability.

To sum up all these factors, Tang Bao never considered acquiring Dechong Securities, and he had to wait for the day when Dechong Securities went bankrupt and liquidated.

……

"Heh, Mr. Milken, with all due respect, the day you officially resigned from Dechong Securities was the moment the fortress collapsed."

"No, absolutely not!" Milken shook his head, disbelieving.

"Won't? Mr. Milken, why don't we make a bet? I dare say that when you leave the company, many of your staff will follow in Dahl's footsteps and reach an exemption agreement with the U.S. government. In the end, you are the only one who bears the blame, and they will rush to explain your situation clearly in order to avoid punishment from the government. Tang Bao smiled lightly and looked at Milken, who was a little emotionally unstable.

“……”

Milken was silent.

"As long as they explain their problems, they don't have to be harassed by the government and they don't have to worry about being punished. On the contrary, they will not only endure tremendous stress and mental torture, but may even face legal punishment with you. You say, if it were you, what would you choose? Of course, I'm sure the absolute henchmen who follow Milken will be silent. However, that won't change the general trend. Tang Bao said.

"No, Joseph will restrain them, and will silence everyone in the know." Milken shook his head.

"Joseph? Ha! Milken, you don't have to kid yourself anymore. Nowadays, Dechong Securities is difficult to protect itself, and it is no longer the Dechong Securities that dares to challenge the government. Now Joseph is looking for an opportunity to give in to the government and seek the government's understanding and rescue. You should understand that the current predicament of Dechong Securities, there is no hope for investors to find it. Joseph's last hope is for the government to come and help them! You say, will Joseph have trouble with the government at this time? Tang Bao asked rhetorically.

Milken fell silent.

Yes.

Joseph has no confidence to confront the government, and it would be good if he didn't fall into the trap.

"It is better to rely on no one than on yourself, Mr. Milken, and I advise you to have a good chat with your subordinates before leaving...... It's not wise not to put your fate in the hands of others. Tang Bao said with a smile.

……

Call.

After a long silence, Milken raised his head and stared at Tang Bao: "Why are you telling me this?" (To be continued......)