Chapter Seventy-Three: The Great Counterattack (1)

"How many banks refuse to lend on the pretext that they are nervous? How many others said they would wait for me to go back to negotiate the mortgage contract before refinancing? Leo can't talk to them yet? Contini, holding the telegrapher, made a "tsk" sound, "This play seems to be getting more and more interesting, who is behind it?" I was vaguely curious. ”

"Young master, let's send the money back first...... At least it can calm people's hearts. ”

"No!" Contini shook his head, "The funds can't go to Italy for the time being, so let's go to Switzerland first." ”

"Switzerland? Why? ”

"I'm going to see how many bastards are going to jump out and get rid of them all together...... How did my reputation come about? It is not by patience, by please, by stammering, it must be fought bravely! "Besides, I'm in a hurry to go home, and there's confusion on Wall Street, and I can't let that be a laughing stock." ”

"What about the country?"

"Go back $3 million first, let Leo settle down, don't have a big problem with the normal operation of funds." Contini asked Enzo, "How many days does the ship have to go?" ”

"3 days."

"Enough time!" "Tomorrow is a holiday, and the brothers take turns shopping on the streets, and they will be given $1,000 each...... Only shopping, no other occasions, especially not to see the window girl...... You know what I mean! ”

Enzo held back a smile: "Understood, President! ”

"After 10 days, Leo released the news that because I was unwell and contracted a cold, the doctor ordered me to recuperate, and I would probably postpone it until around November 15 before I could return to Italy."

"Young Master? What are you? ”

"Let's see what the social trend is. Let's take a look at whether there are any characters inside us who can't hold their breath and eat inside and out. ”

"It's a very dangerous move, and it's easy to get off the rails......"

"The brinkmanship of war...... It's not the first time I've used it. Contini smiled, "As long as the more than 60 million go to Switzerland, wouldn't it be easy to go back to China?" I think...... With such a large size, if the United Group is always subject to the banking industry in finance, I am afraid it is not good, we must have our own channels, I no longer want to let my lifeblood and capital trends in the hands of others! Otherwise, we will face great difficulties in the future. ”

Late September passed...... The beginning of October passed...... The credit turmoil surrounding the United Group has not yet passed, and seven banks have already collected loans for various reasons, with a total amount of up to 340 million lira. In the middle, Contini arranged a total of 10 million US dollars in transfers, in addition to the 6 million US dollars in Germany, 4 million were all used to fill the gap, but this is only 8,000 lira, and Leo began to have more difficulty coping with it - the original 10-15 days of deferred payments were all postponed to more than 15 working days, and some larger payments even had to be postponed for 18-20 days.

There is no doubt that there is a credit problem, but it is still within the tolerable range for a few days, and the customers have expressed their understanding, only slightly controlling the scale and batch of shipments, and there is no clear interruption of supply, Leo knows this, but does not stop it. On the contrary, he believes that this is a healthy way of inventory turnover, in the past, the group procurement was too grand, and the whole month's materials were purchased in the first half of the month - from the perspective of fine management, this is a complete waste...

On October 21, five days before Contini's return to Italy, the United Group issued its latest statement: due to the fact that the president contracted a cold during the inspection, he needed to rest in bed for 10 days according to the doctor's instructions, and the date of return to China would be postponed, but Mr. Antonio would return to China as scheduled to preside over the overall situation.

This news immediately detonated the banking world: Didn't you say that you would return to China at the end of October? Why is it postponed again? Is it really sick or fake sick?

The last few banks that were still waiting and waiting were also shaken and collectively approached Leo: they said that their loans due at the end of October could be arranged for re-lending, and the conditions remained the same, but they could only be arranged after the appearance of President Ziano, and if the loan expired during this period, the United Group must repay it first.

Of course, in order to prevent angering the domineering president and Leo, these bankers were very considerate and said that they could help the United Group introduce bridge loans (the so-called bridge is to provide a short period of capital lubrication and advance payment by a third party between two loans, the term is not long, the interest is very high, if the loan can not be renewed, the bridge loan will directly become a usury that crushes the enterprise, and there are many private enterprises in China who die from bridge loans, and readers who want to know more can Baidu themselves), of course, the interest must be accompanied by the market - an annualized rate of 25%!

Leo politely sent the group away, and couldn't stop sneering in his heart: 25% of the bridges? It's really dark. But he turned his head and rejoiced, if it weren't for Contini's ambush of nearly 50 million, nearly 1 billion lira in Switzerland, he wouldn't have dared to play like this at all.

"Father, the United Group said that little Ziano was going to postpone his return to ......"

"What reason?"

"Sick!"

"It's a good excuse, September said October, October pushed November, can there be other reasons for November?" Old Agnelli laughed, "Why don't you change your name and return to Ciano next month, you won't come back anyway, you won't hide in the United States to hide debts, right?" ”

"It's pretty creative!" Little Agnelli also laughed, "Can you hide for a while and still hide for a lifetime?" ”

"Let them add a little more heat...... Also, if you have already paid the advance payment and have not yet received the motorcycle, you can also file a complaint and ask for a refund...... See if they can come back. ”

Intentionally or unintentionally, Fiat added fuel to the fire, and there were many waves around the credit level of the United Group. Contini allocated another $3 million to the group for day-to-day payments. This money is considered by the banking community to be a high-interest loan from elsewhere by the United Group, but instead of dispelling their doubts, they are becoming more and more anxious, and everyone is waiting for their loans to expire and then preparing to collect them - they dare not collect the debts in advance, and there is Mussolini on top of Contini!

On October 26, when the Genoa officially docked, the reporters who had rushed to hear the news suddenly discovered a shocking fact: Contini appeared in the crowd in a good manner, how could he look sick?

"Mr. President, didn't you say that you were infected with a cold and needed to postpone your return to China?"

"Yes...... However, in view of the many domestic affairs, I managed to endure my illness and boarded the ship, and after a long journey of recovery, I felt that I had fully recovered. "I'm only a 21-year-old after all, and the doctors may be too worried, but I'm in good health, I can run, jump, eat and sleep, you see, I'm not fully recovered now?" ”

"Congratulations on your ......recovery," another reporter stepped forward and said, "There is a vague concern in the market about your group's credit and payment, thinking that it ......"

Contini waved his hand confidently: "There's nothing to worry about, we'll have a press conference tomorrow and the money will be paid completely, in full and quickly!" ”

"This visit to the United States, a lot of gains, United Group and the United States Westinghouse, General Electric, General Motors, Standard Oil, Citibank, Bank of America, Chase Manhattan Bank, American Steel, Wright Company, DuPont, Alcoa and a series of well-known large American enterprise groups to establish cooperation and strategic procurement agreements, within 2 years is expected to deliver $40 million worth of goods, equipment, products and services, at the same time, the Group has received more than $60 million of low-interest financial support, Interest rates are significantly lower than the Italian average......"

As soon as the news was released, the audience was immediately shocked, and the reporters exchanged heads and whispered.

"The president is very concerned about the settlement of orders from the suppliers of the United Group...... Therefore, we will use a unique on-site approval method to approve the payment today......" Leo smiled, "Today is the 27th, in order to let everyone get the payment before the end of the month, we will start to approve the slip now!" ”

One by one, the suppliers came up to the stage to hand over the payment bills that had been approved by the financial authorities, and Contini did not look at them, but only signed them - but this time the bank accounts for them were all the Italian branches of the Second National Bank of Switzerland.

"Since all the dollars came this time, it passed through the Swiss transit, and the suppliers who were willing to withdraw the dollars directly withdrew the dollars, and the lira could be exchanged on the spot." Leo explained with a smile on his face, then handed the microphone to Contini after the signing was over.

Everyone held their breath and waited for the domineering president to speak......