Patience is a must!

Now, Old Mark has made a fair divide, and in the future, after the assets in Ussy's name are doubled, he can use the facts to persuade the family members to re-bundle the funds together, so that everyone can be convinced, and a family consortium will no longer be easily shaken!

That's the way it is, it's a matter of course!

Switch topics.

Prior to this, after reaching an agreement between Immelt and Usi, the equivalent of $1 billion in gold was siphoned off on the spot; The rest of the money, after confirmation by phone, is transferred to a private bank in the State of Nauru and finally to the account designated by Ussi, one minute before the official transfer.

When the transaction is over, this temporarily opened shell bank will be automatically closed, and the account list will disappear forever, leaving no trace!

Usiris provided the account and waited for the money to be collected!

Ludwig Scotty opened his laptop on the spot, got busy with it, and completed the transfer of a batch of gold, and finally motioned for Ussi to check it himself.

This is a necessary procedure!

Usiris was also polite, and called the Rothschild Bank on the spot, confirming that he had transferred 243.536 tons of gold to his account, which is equivalent to 2.2335 billion US dollars at the current price.

21% of the "$15 billion gamble", that is, $3.15 billion, after deducting the $1 billion lent to Immelt, there is still $2.15 billion, which can be converted to 243.428 tons according to the market price of gold in 00 years 9171230 US dollars per ton.

Comparing the two, within the expected results, the deviation lies in the fact that the specific amount of the gamble must be a fraction of hundreds of millions; This is a trivial matter, Immelt didn't say it explicitly, and Usse didn't ask more, anyway, the money won't be less!

The lobby manager, who was in charge of Ussy's account, politely asked if Ussi would continue to choose the escrow business.

Usilis had already consulted Old Mark in advance and agreed on the spot!

In the second step, the Nauruan people charge a processing fee.

Because this is a gold transfer, non-liquidity, the account cannot be automatically deducted, so the handling fee must be calculated separately; According to the procedure, an account opening fee and a cancellation fee of $50,000 will be charged, and a transfer fee of 2/1000 will be charged.

The total cost is: $4,535,200.

The Nauruan provided a Swiss bank account, and Usilis called the elder Mark on the spot and transferred $5 million, the extra amount of which was considered a tip!

Ussie was really generous!

René Harris, Ludwig Scotty and others were very satisfied.

The third step is the issue of the national debt of the Nauruans.

The Nauruans also owe a debt of $460 million to the United States General Electric Company (GE), to be paid in instalments over a period of 2 years, with the first instalment due on 10/1/02 at the latest and the second by 10/10/04 at the latest.

Now, Immelt needed a lot of liquidity, so he was ready to sell the debt to Ussi and offered a preferential price.

As mentioned above, the real industry, with an annual growth rate of 8%, is a good asset.

Therefore, after the secondary debt is resold, it will also decrease according to the annual profit of 8%.

The first tranche of debt minus 16 per cent will result in a fire sale price of $193.2 million, while the second tranche of debt minus 32 per cent will result in a fire sale price of $156.4 million, and an actual payment of $349.6 million will be sufficient.

Actual debt was $460 million, with a balance of $110.4 million.

In other words, Usilis needs to come up with $349.6 million in cash to buy out a $460 million amortization debt held by GE, and the maximum gain over the next four years is $110.4 million.

From the beginning of October 00 to January 10, 04, there were only 39 months left; As a result, $110.4 million was divided equally over 39 months, resulting in a monthly gain of $2.83 million.

It may seem like a high-yield investment, but in fact, this needs to be built if the Nauruans don't go bankrupt!

According to the financial assessment of the Nauru Financial Analysis and Asset Inventory, the Nauruans had fallen into a fiscal deficit in 89 years, barely surviving with the help of the Nauru banking system and the sale of Nauru House passports, and now they have been coerced by the G7 to cut off the transfer operations of banks in the Asian region, and the total proceeds have been cut by about half; At most, until the end of 03 years, the financial report comes out, and it is 100% facing the crisis of government bankruptcy.

As a result, the Nauruans simply cannot afford to repay the second instalment of debt, so this is a risky debt investment!

If the second $230 million debt can't be collected, that $110.4 million gain is a big joke!

The former "communist template" is now facing the situation of smashing the pot and selling iron, hey!

The Nauru Trust Fund, which is tied to Nauru's international status, can be sold at a fair price, but once it is sold, what qualifications does Nauru have to sit on the seat of the United Nations and many other international joint organizations, and what qualifications does it have to talk about "diplomatic immunity"?!

As a result, one of the best and most valuable assets in the hands of Nauruans, a large piece of land in Oregon, will be 100% in the face of a tearful sale.

As for Nauru's hotel chains, Nauru's (Washington) private banks, breweries, and so on, there really isn't much of an alternative to cheap South Pacific neighbors; Americans are not much interested in mixing!

GE is the largest creditor in Nauru, and the Australians are not only the second creditor in Nauru, but also hold on to the lifeblood of the Nauruans (the Nauru Building).

It is estimated that the final result of the trouble is that Australia will provide a low-interest loan, so that the Nauruan people can maintain it for the time being. The second $230 million debt may be paid off all at once, or it may be delayed all the time, with interest only being repaid, until Australians get what they want!

All in all, GE's original plan to fish for Nauruans with "that piece of land in Oregon" has gone bankrupt!

With this in mind, GE couldn't wait to find a partner, sell off its debt, and was willing to jointly develop land in Oregon, promising favorable terms, but the premise was a high risk!

High return and high risk are like twins, which can never be separated!

Immelt is the Chairman and President of GE Healthcare, a member of GE's Board of Directors and one of the next generations. This time, he came forward to collect the "Nauru debt" and calculated Ussi for this, which shows that this matter is 100% related to the heir war! (To be continued.) )