Chapter 30 Nomura Securities
Ever since he saw the newspaper report, he immediately realized the importance of subprime mortgage products. Pen @ fun @ pavilion wWw. ļ½ļ½ļ½Uļ½Eć infoSubprime mortgages focus on the property and land in the hands of those who are in debt. Because if these debtors are unable to pay, the creditor has a preferential right to dispose of the debtor's property. In other words, these properties and land will fall into the hands of financial institutions that hold subprime mortgage products, which is a worthwhile and risk-free investment in Japan, where property and land prices continue to soar.
With the advent of subprime mortgages, the Japanese have broken down the barriers that prevent foreign investors from investing directly in Japanese real estate, and with subprime mortgage products, investors outside Japan will stand on the same starting line as investors in Japan. Tsukiyoshi would never allow such a thing to happen.
Yoshiaki Tsutsumi is a domineering person, which is not only reflected in his personality but also in his way of doing business. Yoshiaki Tsutsumi's current position in the Japanese business community, almost every word he says will become a bellwether for the market. Even Konosuke Matsushita, the god of management, praised him for having the quality of an emperor, if he was a prosperous monarch like Tang Taizong in ancient times! The ancestor of ZTE! And Sony's founder Akio Morita thinks that Yoshiaki Tsutsumi is his incomparable opponent, and Akio Morita also sighed that he is both Shengyu and He Shengliang. He said that his greatest misfortune was that he was born in the same generation as Yoshiaki Tsutsumi. Now such a leading figure in the Japanese business community is dissatisfied with Nomura Securities, so that the president of Nomura Securities, Koji Nagai, is like a pins and needles, and as soon as he puts down the phone, he immediately visits Yoshiaki Tsutsumi in person.
Koji Nagai walked into Yoshiaki Tsumi's office nervously, although he is also the president of one of the largest companies in Japan, but in front of Yoshiaki Tsutsumi, the richest man in the world, Koji Nagai is a dwarf after all. Yoshiaki Tsutsumi turned his back to him, looked at the scenery in the courtyard behind him, and said nothing. Koji Nagai took a sip of saliva, remembered the courage to call, "President Tsutsumi! ā
"Nagai-kun, do you know what a stupid mistake you made? Your Nomura Securities is really slow to react, and the opponent has already entered our base camp! And you and your Nomura Securities are still confused, and you don't even notice the existence of the enemy! Di Yiming said in a cold tone.
"Mr. Tsutsumi, the reason why we are not doing business related to subprime mortgage products is because they are still in their infancy, and many large institutions like ours are waiting on the sidelines. Moreover, the international financial patent of the subprime mortgage product has been registered by a mysterious person named Ulyanov, without whose authorization, we cannot set foot in this field! Koji Nagai humbly explained to Yoshiaki Tsutsumi.
"Haven't you read the latest issue of The Economist? Owners of subprime patents have begun to open their licenses to financial institutions around the world! Tsumi Yoshiaki still said angrily.
"After accepting your criticism, I have sent my subordinates to London to negotiate the patent matter as soon as possible! Please rest assured, we will definitely win the subprime mortgage product business qualification! Koji Nagai assured Yoshiaki Tsutsumi.
Hearing that the other party acted exactly according to his instructions, the anger in Tsutsumi's heart finally calmed down a little. He got up from his seat, walked to Koji Nagai's side, and said earnestly, "Nagai-kun, do you know how much land in Hawaii is now in the hands of Japanese merchants?" Back then, the army did not hesitate to launch a war that almost destroyed our country in order to get Hawaii, but now, we can easily do it with the power of capital! Everyone is now working hard for the greater good of this country, and if there is a problem at home, we will not be able to use our talents abroad! ā
"President, follow your teachings!" Koji Nagai bowed deeply and said sincerely. Although everyone is the president, Yoshiaki Tsutsumi is a role model for all businessmen in Japan. Whispering in front of him didn't make Koji Nagai feel any discomfort.
"Nagai-kun, those subprime mortgage products currently circulating on the market also need to be recovered! Debt is different from equity, once the borrower has a risk of default, then the land will fall into the hands of foreign investors! If Japan's land is not in the hands of the Japanese, it will allow those foreigners to get the wealth we have worked so hard to create in vain......" Yoshiaki Tsutsumi kept admonishing Koji Nagai, obviously the subprime mortgage product made Yoshiaki Tsutsumi very vigilant, he was worried that this was a conspiracy made by those foreign banks in order to carry out economic penetration, but now it seems that subprime mortgage products, like the real estate market in Japan, are simply a profitable deal. The liquidity on hand can be borrowed from subprime mortgage products to continue to appreciate.
After leaving Yoshiaki Tsutsumi's home, Koji Nagai wiped the sweat from his forehead with a handkerchief. The pressure in it just now was too great, and the aura of the world's richest man was a little overwhelming, but this incident made Nagai Koji understand one thing, that is, Yoshiaki Tsutsumi attaches great importance to subprime mortgage products, and even regards them as a lucrative and promising business. If the Seibu Group makes a move, will the old chaebols also get involved? This is almost certain, and it won't be long before established chaebols such as Mitsubishi, Mitsui, and Sumitomo understand the importance of subprime mortgages to the Japanese real estate market. By that time, how much market will Nomura Securities be able to seize?
Thinking of this, Koji Nagai felt that he should take a step ahead and contact the Sanjinkai, a foreign company specializing in subprime mortgage business in Japan. To be honest, Koji Nagai has not figured out how risky subprime mortgage products really are, but he knows that these products are almost risk-free given the current boom in Japan's real estate market. Koji Nagai may not be able to trust his own judgment, but he absolutely believes in the AAA security level given by the three major international rating agencies for subprime mortgage products.
Thinking of this, Koji Nagai quickly took out his YotaPhone and called the secretary, asking him to communicate with the people of the Sanjin Club and see if he could have the opportunity to invite the president of the Sanjin Club out for a meal together! Koji Nagai's secretary was still very skillful, and he quickly contacted Mikhail through officials from the Ministry of Finance's financial department. This time Mikhail had even more headaches, because he had already received invitations from Mitsubishi, Mitsui, and Sumitomo Consortium Central Bank at the same time, and it was difficult to decide who to accept.