Seryosha had only one requirement for Mikhail, and that was to be fast. Pen @ fun @ pavilion wWw. ｂｉｑUｇE。 In order to achieve the maximum publicity effect in a short period of time, Mikhail has signed promotion contracts with almost all the largest advertising companies in Japan, as long as it is a slightly influential newspaper, magazine, TV station, and even subway buses, and the Shinkansen are full of advertisements for the Sanjin Club.

At the same time, Mikhail began to acquire subprime loans across Japan. Mikhail's business is mainly the acquisition of subprime loans, which are mainly provided to individuals with poor credit who are in dire need of money. For example, if someone wants to buy a house, but they do not have a stable source of income, they cannot get preferential loans from formal financial institutions, so they can only find financial companies with high interest rates (many of which are loan sharks) to collect money, and these financial companies often have to squeeze every drop of blood out of the borrower's body before they can stop it, and they will do everything to collect debts. Originally, these loans could not enter the eyes of those large financial institutions, but when these junk debts are bundled with some high-quality debts and turned into derivative financial products, they will get high ratings, and they will leap from junk bonds to high-quality bonds.

Mikhail's Three Gold Society is not responsible for the packing of debts. Seryosha asked Grigory's data company (including Berezovsky's data services team) to do the work, and Seryosha also took a group of financial experts familiar with Western bond ratings from Leningrad University and the National Housing Bank to participate in the work, and at Seryosha's request, large amounts of junk debt and a small amount of high-quality debt were mixed together in a certain proportion to become a new securitization product. Each asset package contains debts ranging from 100,000 to 200,000 to different natural persons. Seryosha provided a general idea, and the specific things were left to the financial experts to operate.

Seryosha, who was busy negotiating with the British in London, took the time to provide a complete product model of asset securitization to Rothschild, Barclays and Royal Bank of Scotland, which were still interested in it, to evaluate what kind of value the product would have in the eyes of bankers. History is always similar, and British financiers have assigned this product model a credit rating of AAA. This made Seryosha completely let go of his suspense, which means that Seryosha borrowed the method of decades later to successfully package some of the current junk bonds into AAA-rated bond portfolio products that can be comparable to the safety level of British sovereign bonds.

"Congratulations, Seryosha, you are a genius who has created a whole new kind of high-quality investment derivatives! When will we see the real product? Barclays' Atkins asked impatiently.

"In a few weeks' time, the first batch of products will be available, with each portfolio worth between $10 million and $100 million. I wonder if the market will accept these new wealth management products at that time? Seryosha asked pretending to be worried.

"If I had to look at it, I'd be willing to buy these products. Because the Japanese economy provides security for these products! Many predict that Japan will overtake the United States as the world's largest economy within the next decade, at the current rate of economic growth. These products have a good margin of safety and good revenue expectations! Belford of the Royal Bank of Scotland said seriously.

"Now there is also the question, that is, how do the rating agencies in the United States evaluate these products, and can they also give AAA ratings? I'm afraid that my status as a Soviet official will wary the rating agencies in the United States! Seryosha asked uncertainly.

"Don't worry, we'll take care of these things, and the three of us will fly to New York tomorrow to help you get this done!" James is in charge of Standard & Poor's, I'm in charge of Moody, and Belford goes to Fitch! I believe that what the three of us say still carries weight! Atkins said confidently.

Shortly after Seryosha's identity as a Soviet official was revealed, Seryosha applied for an international financial patent for the financial derivatives he had created and made public. The United Kingdom is the first country in the world to have a patent law, and the patent system has been very perfect in this country and has many special forms of existence, and international financial patents are one of them, as long as financial products including financial business methods can be used as financial patents. Obtaining this patent means that this type of product will be exclusive to Seryosha for decades to come. Seryosha originally wanted to set up an approval body to raise the bar for entry into the industry for this product, but many bankers later abandoned the idea of cooperating with Seryosha after learning that he was a Soviet official. Seryosha feared that others would take advantage of his ideas, so he had to resort to legal means to protect his interests.

After the three bankers Seryosha knew in England left London, Seryosha continued to focus on trade negotiations with the British government. Secretary Gorbachev has not yet received the Politburo's consent to the visit because of Gromyko's obstruction. Anyway, the matter of visiting Britain has already been decided, and although the British side has extended an invitation to Gorbachev, it will not be a big problem if it is replaced by some other leader such as Gromyko. But who will come to Britain is at stake in the future of Gorbachev and Gromyko's position in the party. In order to preserve the fruits of his victory, Seryosha had to work hard to reach an agreement with the British government as soon as possible in favor of the Soviet Union, so as to clear the way for Gorbachev's foreign visit.

Coal trade was the first to sign an agreement, because Seryosha had already reached a supply agreement with the British Steel Company and the British National Power Company, two large coal users, and now Seryosha only needed to sign a similar agreement with the Coal Bureau, which the British were more anxious than him, and even before the agreement was signed, the coal ships had begun to line up in the Mediterranean. So, shortly after Yakovlev arrived in London, Seryosha had already completed all the negotiations with McGrady of the Coal Bureau.

At the signing ceremony of the supply contract between the British National Coal Board represented by MacGrady and the Mediterranean Trading Company in Seryosha, three telegrams from New York were hand-handed to Seryosha by the hotel staff who hosted the signing ceremony.