Chapter 89: Uncrowned Executive

Xu Qing's method of taking over debts and the so-called debt-to-equity swap has been praised by countless financial bricks in France. Pen | fun | pavilion www. biquge。 This method can be said to be the best way to solve the financial claims and the debts of industrial production enterprises at present, through the debt-to-equity swap, the financial assets can be stripped, and those industrial production enterprises can also get rid of the burden and go into battle lightly, which is conducive to the next economic recovery.

Of course, this debt-to-equity swap is not so easy. The core of this debt-to-equity swap lies in the fact that there must be sufficient "guarantees," and there must be sufficient financial guarantees to guarantee the acquisition of these creditor's rights. This debt-to-equity swap was a way for China to settle the debts of some state-owned enterprises in later generations, and of course, state-owned enterprises were backed by the government as a guarantee, so this could be effectively implemented.

But in this France, no one can endorse this debt, only the deep financial resources of Xu Qing's Yinghua Bank can endorse this debt. Of course, Xu Qing also wants to pay in installments to relieve pressure through installments.

However, after Xu Qing's Yinghua Group acquired the debt, the corresponding non-performing asset operation was carried out, and after the debt-to-equity swap was realized, with the guarantee of the Yinghua Group, the economic recovery in the future can be regarded as a start.

"Louis, I think it would be possible for you to take the lead in setting up a commission for the economic recovery of France, which you would chair, and then set up a number of positions. The CEO is the first executor, who is responsible for implementing the decisions of various committees, and then other departments are responsible for coordinating various economic and local responsibilities, and each has its own division of labor. In this way, when the French economy recovers on the right track, the national economic recovery committee can be officially dissolved. When the time comes, it will be when you, Louis, will be crowned Emperor of France. Xu Qing said.

Louis Bonaparte agreed, of course, Xu Qing had just been here for two days, and he had solved two old and difficult problems. Such efficiency and talent were also greatly admired by Louis Bonaparte. So Louis Bonaparte knew that Xu Qing didn't give you money, and he was very first-class in terms of talent, not an ordinary person.

"Okay, I'm going to form this national economic recovery committee right away. Also, I might consider retaining some of the old Orleans and Bourbon veterans so that they can support me. In addition, the National Economic Recovery Committee should appoint more royalists and people who support the monarchy, so as to win the hearts and minds of the people as soon as possible. Louis Bonaparte said.

Xu Qing nodded and approved of Louis Bonaparte's plan. Because the current coup d'Γ©tat in France is different from the original history, this is the Napoleonic family who took the initiative to carry out the coup d'Γ©tat, and then took the initiative to find a way to restore the economy. Therefore, for Louis Bonaparte, appointing more deceased former courtiers, and appointing more monarchy supporters and royalists, would be conducive to his subsequent restoration.

At present, the new government system in France has not been established, so this Louis Bonaparte is still the chairman of the provisional government. Of course, France is waiting to see if this Louis Bonaparte can solve the current economic problems in France. Because everyone knows that this problem is very tricky, and if it is solved well, it will be a great credit. If it can't be solved, it will be ousted sooner or later. If it is solved beautifully, then it is inevitable to become an emperor.

Louis Bonaparte quickly drew up a list of former courtiers of the Orleans and Bourbon dynasties, which was in fact the practice of many Eastern and Western dynasties. Whenever a new imperial court is established, some old ministers of the past will be retained, which can not only make the old and new governments smoothly transition, but also reflect their own "tolerance and generosity" and win the hearts of those elites.

This routine is self-taught by politicians in various countries, and Louis Bonaparte, of course, plays very slippery.

"Xu Qing, what position do you hold in this committee? How can you help me if you don't hold a position? Solve this economic problem? Especially with this CEO role, I don't think anyone is better suited than you. Louis Bonaparte asked.

Louis Bonaparte actually recognized Xu Qing's suitability to be the CEO, because Xu Qing's talent has been reflected during this time. Although Xu Qing and Louis Bonaparte have some elements of "love rivals", as people engaged in politics, they will not fall out over this matter. Anyway, for Louis Bonaparte, as long as he becomes an emperor, isn't it very easy to want beautiful women? As a king, you must first be rational, not rashly fall out with other partners for a woman. Even now, Louis still wants Xu Qing to be the chief executive to ensure the recovery of the French economy.

Instead, Xu Qing asked, "Do you think I'm suitable for this CEO?" I, a foreigner, can I be the CEO of the revival of this French nation? ”

Louis Bonaparte was also silent, this national economic recovery committee, in fact, is also a very important organization, an organization related to the future of France. For such an important organization, if a foreigner is the CEO, it will definitely make many people mutter.

There are many Westerners who are not of our race who have different hearts. Even if Louis Bonaparte and the Bonaparte family could trust Xu Qing, if it was the era of the family, then of course it didn't matter if they did it. However, France has long passed the era of the world, and although the revolutions have not been able to truly abolish the aristocracy, they have abolished the legitimacy of the aristocracy.

The French Revolution has made all French people aware that the aristocracy is also a human being, although they still have privileges, but they have long been unable to become absolute rulers.

Revolution after revolution has made the French already know the truth that "princes and princes have a kind of Xiangning", no matter how hard the king's neck is, it is not as hard as a guillotine. Of course, China understood this truth as early as 2,000 years ago during the Chen Sheng and Wu Guang periods, and Europeans did not initially understand it until the 19th century.

"It's really hard, it seems that this idea is a little unrealistic!" Louis Bonaparte replied that if a foreigner was allowed to be the chief executive of such an important organization, then their Bonaparte family would be criticized.

Xu Qing quickly thought about it and said, "I think I have a candidate who can be accepted by both of us." ”

"Who?" Louis Bonaparte asked.

"Princess Mathilde!" Xu Qing said.

Soon, less than fifteen hours later, the Elysee Palace in Paris soon announced that the French Provisional Government had formally established a French National Economic Recovery Commission, chaired by Louis Bonaparte, President of the French Provisional Government, and several other departments, among which the CEO was the first executive leader.

"Appointment of Mademoiselle Mathilde Bonaparte, Chief Executive Officer of the French National Economic Recovery Commission. Xu Qing was appointed as General Counsel and ......"

After a series of orders were read, everyone knew that the French National Economic Recovery Committee had been formally established, and the French government, headed by the Bonaparte family, had begun to formulate a plan for the recovery of the French economy.

However, many people don't understand why this Louis Bonaparte actually appointed his cousin as CEO and let a woman be the CEO, which is also very incredible in Europe. However, the real insiders know that the real CEO is not Mathilde, the real CEO is Xu Qing, a Chinese in the name of a consultant.

Because he wants Xu Qing to work hard, it is impossible for Xu Qing to really grasp the official position of CEO, otherwise there will be a lot of criticism. So with both sides compromised, Mathilde was the best candidate. Mathilde is Xu Qing's woman, but she is also a member of the Bonaparte family, so it is a mutually acceptable candidate for both parties, so Princess Mathilde as CEO is acceptable to all parties. However, Xu Qing still hung up the identity of a consultant.

"Mathilde, this document you can sign and announce, announcing the solution to the financial problem, and the solution to the debt-for-equity swap. This was announced throughout France, and then secured by the Anglo-Chinese Bank, which acquired a portion of the good debt. This is of great help to revitalize non-performing assets. Xu Qing said.

After Xu Qing wrote his "proposal" on this document, Mathilde, the nominal executive, but in fact was completely a rubber stamp puppet, quickly signed it. Mathilde also knew his task, in fact, it was to sign on behalf of Xu Qing, and it was impossible to have much real power, not even much power to suggest.

After Mathilde signed as CEO, Xu Qing followed Mathilde's name to "countersign". Of course, this "countersignature" has no legal benefits, and how much effect this can have is a matter of opinion from the benevolent and the wise, and it is of little significance. However, this represents a means for Xu Qing as a "consultant", which is helpful in improving his impression in the minds of the French.

When this order was issued, it immediately caused a sensation in France.

"The Provisional Government requested a guarantee from the Anglo-Chinese Bank to acquire the past claims at the original price at that time. Any acquisition can be made if the debt is good. After the acquisition, the non-performing asset disposal company under Yinghua Group will dispose of it, carry out debt-to-equity swap, reduce the burden on production enterprises, and allow enterprises to resume production. When production is really back on track, companies can gradually redeem these shares, and Yinghua Group will gradually exit. ”

"After the factory resumes production, it can meet the employment needs of workers, and in the near future, a group of workers will be able to resume normal work first."

After this order came out, it immediately amazed many people in France. This is guaranteed by the Anglo-Chinese Bank, and then the acquisition of creditor's rights, followed by the debt-to-equity swap, and finally to help the company reduce the burden and resume production lightly, this method is too good. Enterprises do not have to bear excessive debt interest, and can also resume normal production with various help from Yinghua Group, which makes many financiers and factory owners see hope.

As for financiers, who are plagued by bad debts and bad debts, they can sell their debts to obtain capital protection. As for the business owners, they also hope that this is the case, hoping that the debt-to-equity swap will gradually resume normal production, and then the Yinghua Group will promise to gradually withdraw, so that the factory is still its own, and there is no need to worry about the Yinghua Group's tail.

As for the workers, they are also happy that if the factories resume production, they will have more jobs in the future. At present, workers are generally unemployed, and unemployment means no income, and no income means not being able to support their families. If they can return to supporting their families, then of course they think it's a good thing.

The first order of the formation of this committee succeeded in giving hope to the financiers, factory owners and even the workers. With hope, then the rest is very good. In the past, everyone in France was desperate, but now there is hope again. Although the implementation of the policy still needs to be prepared in the future, it is the best thing to do if the financiers, factory owners, and workers all see hope.

"President, executives, advisers, the citizens of Paris have begun to restore order, and the citizens of Paris are already halfway through the approval rating for our Provisional Government. This is the real approval rating, and if we can do better in the future, the approval rating will climb further and rapidly. ”

Louis Bonaparte really smiled, this support rate has risen, that is really the approval rate! This has not yet been implemented, but the approval ratings have risen so much that Louis Bonaparte certainly knows what this means.

This is just a solution, and the fact that the popularity of Paris has risen so quickly shows that the citizens of Paris have begun to genuinely support the new government. At least the new government came up with a solution, and it seemed like a very good solution, winning the hearts and minds of financiers, factory owners, and workers through this combination of debt and debt-for-equity swaps, as well as various kinds of support.

"Brother-in-law, it's up to you next!" Louis Bonaparte said.

Xu Qing immediately agreed: "Okay, I will definitely continue to work hard, in a few days, you will be His Majesty the Emperor of France!" ”

Louis Bonaparte and Xu Qing continued to discuss the matter, while the titular executive, Princess Mathilde, was only an observer and had no qualifications to express her opinion. Everyone present actually knew that Xu Qing, a Chinese with the name of an adviser, was the real "uncrowned executive", and Mathilde was just a candidate to appease all parties, and would not really have much real power.

"Louis, please gather all kinds of experts in France, I want to really organize a team of consultants, and then formulate a new policy according to local conditions, I need a lot of consultants to help me." Xu Qing said.

Louis Bonaparte nodded and said to the person next to him: "Immediately call for me experts from all walks of life, and then I will appoint Xu Qing as the general counsel, responsible for leading various advisory teams." β€œ