Chapter 205: Shocking Scam
According to later reports, Shinji Tokawa did not hesitate to play tricks in order to promote Japan's first Shinkansen, and in the face of questions from members of the Diet, he argued that the newly built railway was only 200 kilometers per hour, and it was only a renovation of the original railway, and on the other hand, he used the media to advertise, and finally won the approval of the Shinkansen project.
At the time, according to Hideo Shima's design plan, the accountant calculated that it would cost 300 billion yen to build the Shinkansen, but Shinji Tokawa knew that this was far beyond the Japanese government's ability to afford, and the Diet would definitely not approve the budget. So he had the audacity to order the accountant to make a false account and hand it in, deceiving the Diet that only 197.2 billion yen was needed, and he was sure that he would be able to get a loan from the World Bank.
Then, after learning that the World Bank explicitly prohibited investment in experimental projects such as the Shinkansen, Shinji Tokawa embezzled all the funds from the National Railway on other projects and secretly used them for the Shinkansen project, convincing the World Bank that the Shinkansen project was going smoothly. Then, with the help of his old friend Eisaku Sato, then Minister of International Trade and Industry, he obtained a loan of $80 million from the World Bank. However, this is only 15% of the total cost of the Shinkansen construction.
After the construction of the Shinkansen began, only half of the funds were used up, and Shinji Tokawa resigned because of this, but he also threw the mess to the then Prime Minister Ikeda Yuto: "Prime Minister, we have borrowed all the money from the World Bank, and you can do the rest." ”
For the sake of the World Bank's huge amount of money and the Japanese government's sovereign credibility, Ikeda had no choice but to continue the construction of the Shinkansen with a huge amount of money from the national treasury, and finally the Tokai Shinkansen, the world's first high-speed railway, from Tokyo to Osaka, which cost 380 billion yen, was finally completed.
For this Shikawa Shinji. Downing felt that he was a madman, a railroad maniac who could pay no matter what the price could be paid as long as the Shinkansen could be built, and his spirit might be admirable, but his approach was definitely not in favor of, let alone involved. How far to hide, how far to hide.
As for the so-called fund-raising plan this time, he doesn't even have to think about it, he even dares to embezzle the funds of the National Railway, even the World Bank dares to fool, and even the prime minister dares to roast on the fire, deceiving a few investors, so what psychological pressure can there be?
So Tang Ning said to Yoshida Keizai Hachi: "Katsura Hachi, if you believe my judgment, then you must not get involved in this matter, this so-called Shinkansen financing plan is definitely a pitfall, maybe there are problems in the entire Shinkansen, so don't invest." ”
Yoshida Keihachi said with some hesitation: "Not really." National Railway, what a big yamen, how can it deceive people, and it is said that the World Bank is willing to give a loan of 100 million US dollars, it should be fine. ”
Tang Ning knew that there was no way to explain this, so he had to say: "My judgment is like this, and I can't tell you the specific reason." Anyway, you have to remember one thing, as long as it's this Shikawa Shinji's plan about the railway. You don't want to participate, that's it. ”
Keihachi Yoshida leaned on the table depressedly and said, "Hey. It's rare to encounter a rich deal, and you vetoed it. Let me tell you, this is really a person walking tea and cooling, my grandfather has just retired, and now I can't talk well in many places. ”
Tang Ning comforted: "Guiba, don't worry. Isn't that still me? I'm just going to build a new company in Tokyo, and if you're interested, you can buy a stake, and it's not guaranteed to be 15 percent profitable, but it's definitely guaranteed to make money. ”
As soon as he heard that he could make money, Keishachi Yoshida's interest immediately came up. Asked excitedly: "Tony, how can I not be confident in your investment, everything you invest will definitely make money, tell me, what are you going to do this time?" ”
"Life insurance companies." Tang Ning replied succinctly.
"It's an insurance company like Life and Meiji?"
"That's right, that's pretty much it."
Yoshida Keihachi said dejectedly: "What kind of new idea do I have, it turned out to be an insurance company, Life and Meiji Sumitomo have been established for decades, and they have already monopolized the market, and I haven't seen how much they have earned. ”
Tang Ning shook his head and said: "Before, because the Japanese were poor and had no extra money in their hands, naturally not many people went to buy insurance, but now it is different, the Japanese are rich, and if they have money, they will naturally spare their lives, and how expensive the hospital is now, so the development of this industry is definitely the general trend, and investing in it will only make money and not lose money." ”
Yoshida Katsura Hachihu asked suspiciously, "Tony, are you sure?" ”
Tang Ning nodded proudly and said: "Of course I'm sure, my approval procedures are coming down soon, and this time there is an Osaka business group to cooperate with me, how about the two join forces, are you more confident?" ”
Keizai Yoshida gasped: "The Osaka business group has cooperated with you?" Then it seems that there must be a drama in this business, both of you are masters who never lose money in business, and you can make a business that you can see at the same time, absolutely not wrong. ”
Tang Ning is actually very confident in opening an insurance company, because he worked as an accountant in Ping An Life for two years before working as a hospital accountant in his previous life, and he is very familiar with the grassroots operation of insurance companies. Although Japan's life insurance company, Meiji insurance company, Yasuda insurance company and Sumitomo life insurance company have been established for decades, they are certainly not as advanced as they know in terms of business philosophy and business methods, and now is a great time for the rapid development of Japan's insurance and financial industry, so Tang Ning definitely does not want to miss it.
At this time, the life insurance companies operated by the business are basically personal accident insurance, illness insurance and health insurance, the types of insurance are really limited, and most of them are mainly fixed insurance, such as the accident insurance passively paid by passengers on planes, ships, trains and other means of transportation, and the employee group life insurance and simple life insurance paid by the enterprise to its employees.
Like the later generations of participating insurance, children's insurance and other types of insurance did not appear at all, and there are also problems with the way of operation, all of which are public-to-public development, and there are no overwhelming and disturbing insurance salesmen in the later period, so Tang Ning feels that there is a lot of potential to be tapped.
Therefore, Downing approached the Osaka business group to cooperate, and planned to launch a new type of life insurance business in Tokyo, Osaka and Okinawa at the same time. (To be continued......)