The game of capital is a necessary means for capitalists to strengthen themselves in the free economic market, and it is normal for capitalists to defeat all commercial opponents and obtain the fruits of victory through legal means. Although it may be a little too cold-blooded emotionally many times, this is the world, the real world.

Now that the Southern Commercial Bank and the Imperial Central Bank hold more than 53 percent of the shares, they can put the western insurance companies into the sequence of bankruptcy protection anytime and anywhere, and they must not overestimate the morality of the businessmen, nor underestimate their shamelessness, otherwise they will become a helpless loser like Mr. Jackson.

Not only did he lose a chance to take off, but he would also be saddled with a large amount of debt, and then he would declare bankruptcy protection, and finally accept the liquidation and liquidation of the bank.

So he stopped playing in another way, he wanted to take refuge in Durin!

Dulin was somewhat relieved by Mr. Jackson's defection, and Mr. Jackson became a crucial part of his victory in the war after the King and Queen refused to participate in the insurance business. He only needed to simply connect some details together, and he had already thought of how to defeat the insurance company under the command of the Southern Commercial Bank in this war.

It's not the Southern Commerce, it's the insurance company.

"Do you think your friends have reliable people?", Durin flipped to the next page of the newspaper, and kept his head down at the paper, not at Mr. Jackson.

Mr. Jackson shook his head, "I don't know who to trust and who not to trust, some of them are ready to fall to one side or the other, and some are hesitating, but it's possible that they've made a decision, and it's just a matter of showing it." ”

Durin nodded, folded the newspaper together, and stood up, "I understand, go contact them, try to persuade them to stand with you, things will turn around soon!"

Not long after he turned to leave, Mr. Jackson also stood up and chose to leave in the opposite direction. Du Lin is not to guard against those official people who are secretly watching him, he has not committed any criminal acts now, he is not afraid of being watched, he has to guard against the people that the two major banks may send, choosing a place with dense traffic is obviously a very good choice, just a few minutes will not make people realize what is happening, if someone is really following.

Judging from the current situation, the insurance companies established by the two major banks have steadily eaten the Western Insurance Company, as well as Mr. Jackson and other retail investors. They set up a very terrible business trap for these businessmen who want to gamble on tomorrow with the help of the contract in their hands to jump in, this time they are not digging a pit, but an abyss that leads directly to hell. Doolin's brain began to come alive, and if he was not mistaken, once the insurance business was determined to be profitable and not as risky as they thought, seven bankrupt businessmen might choose to jump off a building or commit suicide by swallowing a gun.

They owed 50,000,000 yuan in loans to NCB, and although 60 percent of the shares were taken away, the rest of the people also owed a lot, including Mr. Jackson, for example. He now holds 6 percent of the shares of the Western Insurance Company, which is currently worth 50 million yuan but has negative equity of 50 million, and these two figures need to be calculated separately.

Of these, 50 million of assets are not actually in his hands, which means that he is burdened with 3 million in debt, and he will have to bear the same proportion of interest from the second year. On the other hand, the two major banks also used the name of loans when making the explanation of the capital increase, and Mr. Jackson held 1.1 percent of the shares of each of the two major banks, and the total assets of the two major banks were 400 million yuan, and the negative assets were 300 million, which also needed to be calculated separately.

In this way, because of a series of contracts, Mr. Jackson's personal assets increased by four million, but his negative equity was six million, and after hedging this calculation, which is not actually counted as a statistical method, he was inexplicably saddled with a loan of two million, and had to pay interest on it.

This doesn't seem terrible, because in fact there are two million of his assets in the bank now, and it seems that this is the case, without any problems. However, once the two major banks, which hold more than 53 percent of the shares of the Western Insurance Company, decide not to play with them, they only need to split the Western Insurance Company first, and split the part of the non-liability, that is, the 50 million yuan in the bank, and then separate the assets of the debt, that is, part of the 50 million loan they are carrying.

Then, the positive assets are sold to the bank with absolute equity -- under various names, such as the company's good business profitability or other names, they are sold to the bank at a low price of 20 million or even 10 million, and then the 10 million obtained is returned to the bank in the name of repaying the debt, so that the positive assets of the entire western company are sold out in the name of business services, and the entire company is only left with 40 million liabilities. And because of the unequal treaties in the agreement, Mr. Jackson not only had to bear 2,400,000 yuan, but also paid 15 percent of the annual interest for it, for a total of three years, and the principal and interest had to be repaid to the bank 3,480,000 yuan.

As for the insurance companies under the command of the two major banks, it is even simpler, and they still use the method of splitting and stripping that the capitalists like the most, and strip out a part of the advantageous industries and transfer them directly to the banks at a low valuation as a way to repay bank loans, even if they look good, 100 million excellent assets are valued at 50 million and returned to the two banks respectively, and now they are still burdened with 250 million debts, calculated at 1.1 percent, Jackson appeared and was saddled with a debt of 2.75 million and the interest of 1.24 million yuan generated by this part of the debt, that is to say, he did nothing, inexplicably owed a loan of 7.46 million to the bank, not counting fractions.

The reason for this result is actually very simple, their equity is diluted to a minimum, and they have no right to interfere with the shareholders' meetings and board of directors of the three companies on the company's management decisions, so they can only accept this result. They can sue the two major banks, but for this capital market, capital is everything, and the two major banks have enough time, financial resources, and experienced rogue lawyers to fight against them, and drag on the lawsuit indefinitely until they go bankrupt first.

At that time, the lawsuit will naturally be unable to continue because they are bankrupt, because they cannot afford to hire a lawyer to continue to seek legal help, and they may face a debt of tens of millions or more at that time. If the two major banks suppress the enterprises they are running by the way, accelerate the process, and increase the degree of their debts, maybe after a period of delay, each of them will be burdened with more than 20 million debts!

They have absolutely no second way to go except to jump off a building to end their lives of blood mold and put an end to this debt.

Capital has never shown its kind side, it has always shown people with a bloody mouth, sometimes some people are swallowed by this big mouth, sometimes they swallow others. Don't try to see who is more pitiful through the results, in fact, from the day they embarked on this path, they are not worthy of pity, they are all hideous participants.

Now the point of Dulin's breakthrough is the 50 million "deposit" that the Western Insurance Company has deposited in the Southern Commercial Bank.

A group of people who didn't even come in had already begun to discuss how to close the door, and this group of people may have forgotten that in the shopping mall, in the field of capital, there will always be a miracle, a miracle that belongs to wisdom!

Along the way, there were many people who did not believe in this evil, and in the end they all handed in honest answers.

Without the interference of Dühring, the insurance industry is really a piece of land that has not been developed and the two words can not be easily said or not, there are countless gold and silver treasures everywhere, as the think tanks in the two major banks continue to deepen the analysis of the profitability of the insurance business, more and more feel that this is a good deal that is second only to the bank, and can even be said to surpass the bank. It is said that there is even a slogan coming out of the central bank - "let everyone have a safe guarantee"

Stimulated by the huge good news and unprecedented interests, the two major banks quickly applied for an industry self-regulatory organization in the imperial capital, called the Imperial Insurance Industry Self-Discipline Committee, and initiated the formulation of industry standards and industry access standards to the General Chamber of Commerce in accordance with the standards they had negotiated and signed before. As long as these two documents are approved, the insurance industry in the empire will become the backyard of the two major banks in the future, and they always believe that these two documents will be approved without hindrance.

With the relationship between the two major banks, the capitalists, and the General Chamber of Commerce, it is impossible for the General Chamber of Commerce to be stuck with them for too long on an issue that has no interests that have nothing to do with it, which is not in line with the current interests of the General Chamber of Commerce.

In fact, the General Chamber of Commerce and the two major banks are facing the same problem, and they are both facing the pressure of the cabinet, but there are some differences.

For the Chamber of Commerce, Maggs's attitude is very clear, he will defeat them when he finds an opportunity, and then take back the power of the Chamber of Commerce for commercial approval. As for the group of businessmen of the General Chamber of Commerce in the past, they provided a lot of help to Mags, but it was a personal friendship and should not rise to the level of the state. It was true that the New Party government was facing many crises at the beginning, and with the help of these businessmen, they also gave the Chamber of Commerce almost thirty years of development.

Now that the international situation is becoming more and more volatile, the cabinet think tank believes that the future war situation is likely to change from armed conflict to economic war, which also makes Maggs want to take back the power that should belong to the government and is currently stored in the General Chamber of Commerce.

As for the banks, too many anonymous accounts have caused a very bad negative impact, causing great damage and losses to economic construction, and the banking industry must be included in the government's supervision, and even part of the power should be handed over to the government to be responsible.

The General Chamber of Commerce and the two major banks can be described as a pair of bad brothers.