They don't have a long time to work for a business.

It is only because of the extraordinary earnings of BAT Group that they will not hesitate to contribute to the smile on their faces.

"Will Shun Duong keep working until the construction of the Burj Khalifa is completed, and then pay the final balance? Even with an additional 2%, to be honest, even the bank rate can't catch up. ”

"If we support it below, then Shunyang's order performance will double, and at that time, Shunyang's stock price will also rise sharply."

Li Xuezai quietly listened to the complaints of the two groups of people and said something they couldn't think about for the time being.

"On the contrary, won't they order twice as many orders as we did when we did it ourselves?"

"That's true, but if the other party doesn't provide upfront funds for the construction of the project, we don't have any money if we subsidize it."

As their discontent grew, Li Xuezai smiled.

"So, how about you listen to my proposal?"

The eyes of both presidents changed.

"We, BAT, will bear all the bills thrown by Shunyang Group, so you won't worry about money, right?"

"Does that mean Chairman Lee will discount?"

"Yes, if you push it to the bank, they will give you a discount immediately, but what you two want is the lowest interest rate burden, so our BAT will be cheaper than the bank."

"It's so cheap......

"Will it be halved?"

The faces of the two presidents became soothed.

"We will become a subcontractor in Shunyang, and I will be responsible for the payment, and this time, we also need to expand the scale of construction a little, such a good opportunity, isn't it a waste to miss it?"

"You've said so much, do you really have so much money?"

Facing the suspicious eyes of the two, Li Xuezai talked eloquently: "We have a lot of foreign capital, so I plan to take advantage of this opportunity, and using dollars is patriotic." ”

The two presidents looked at Li Xuezai with envious eyes and nodded.

"Since there are no differences between you, let's continue to work together and work together in the future."

When the two presidents left with a smile, Li Xuezai's face suddenly became solemn.

He didn't understand why Chen Daojun had to let Chen Dongji get involved in Dubai, a project that could obviously make a lot of money.

"Daojun, why are you doing this, there is absolutely no free lunch in the world, let's take a look at what the result is."

If the project in Dubai does not fall into a crisis of capital liquidity, Shunyang Construction can take a good breath, and several contractors under Chen Dongji will share a point, and everyone will be able to eat a lot of money.

When Taejun came out of Daojun, Chen Dongji asked his nephew:

"Are you sad that you ate a closed door at Dojoon's?"

"Nope."

Although Jin Qinjun responded quickly, his expression betrayed him.

"No? The grievances and annoyances are clearly written on your face, hehe. ”

Chen Dongji smiled meaningfully at his nephew, and then sat in the office and talked to his nephew.

"Daojun is right, when you meet Daojun, it's normal for the people below to not understand the market, after all, they don't know what kind of identity and status Daojun is."

"You don't have to be afraid of Vice President Zhang Daoheng, he can't threaten you yet."

Before Chen Dongji could finish speaking, Kim Tae-joon interjected urgently:

"I think so too, but."

When it came to his mouth, Kim Tae-joon swallowed it back.

He still doesn't understand why a person as strong as Daojun has to hide himself?

Besides, Do-joon was too much, and in front of many executives, he didn't even mention his Kim Tae-joon's name.

After all, someone mentioned it, and he was scolded back by Daojun with contempt.

After a pause, Chen Dongji seemed to see his nephew's thoughts, and then explained his doubts and doubts.

"But? You think you're cousins with him, shouldn't you be intrigued like this, right? ”

"That's right, I thought the two of them would help each other and fulfill each other."

Kim Tae-jun looked a little upset for Do-jun, which also made Chen Dongji extremely worried.

After all, next, he wanted his nephew to do something vigorous through the big platform of the Burj Khalifa planned by Daojun.

With a black face, Chen Dongji had to wake up his nephew again.

"Among the executives and employees of Shunyang, no one would easily think of Daojun, and there are even many people who think that if Daojun's strength is a little bigger, he will inherit everything from Shunyang."

"And I am not humble to tell you, Taejun, as long as our uncle and nephew are of the same heart, one day I can also inherit all of Shunyang."

Chen Dongji spoke, and a spark of desire was already burning in his eyes.

It's the first time Kim Tae-joon has seen such an uncle

Could it be that there is also a turbulent undercurrent hidden between Daojun, Daojun, and uncle Chen Dongji?!

Why did my uncle get involved?

Or was he prepared?

"Uncle, you"

Kim Tae-joon's face was full of doubts, and although he was surprised in his heart, he didn't know what question to ask his uncle.

However, Chen Dongji knew that in the eyes of outsiders, Daojun was a student.

Let the nephew be with this guy, and Kim Tae-joon will know what it means to pretend to be a pig and eat a tiger.

"Tae-joon, I know this will hurt your self-esteem, but you have to be good at observing and learning, even if you keep your head down, you have to follow the direction that Do-joon is taking."

Chen Dongji patted his nephew's shoulder and said.

At the same time, I also sighed in my heart, how could Chen Runji, who looks so mediocre, give birth to a nephew like Daojun who is talented and does everything smoothly.

Seeing that Kim Tae-joon was silent for a while, Chen Dongji continued the topic just now and spoke openly and honestly with his nephew.

"I don't know if it's because you complained about Dojoon, that the BAT Group's consortium accepted all our conditions."

Chen Dongji can only make such a conjecture, because he can't guess anyway, Chen Daojun is because he has long predicted the global financial crisis in 08

"Li Xuezai has been by my father's side for so many years, what kind of treacherous old fritter in the shopping mall is that, can he nod, what is Daojun's strength?"

Hearing this, Kim Tae-joon asked in surprise.

"What I said to him inadvertently, do you mean that Daojun asked Chairman Lee Hak-jae afterwards?"

"I don't know, anyway, the timing was just right. Even if it's a coincidence, people will know because of you. I think you and Dojoon have a good deal. ”

"Executives have privately praised you, saying that you are making rapid progress and that your future is limitless."

Chen Dongji has a different charm in his eyes, and when facing his nephew, he still has to maintain a kind of sincerity that should be between father and son.

After he finished speaking, his nephew Kim Tae-joon fell into deep thought.

Chen Dongji said to himself, not noticing the change in his nephew's demeanor at all:

"You should be used to the life of the head office by now, take your time, meet more with Daojun, he is all bet on the financial products of country M, I also looked carefully, I didn't know that there are so many financial derivatives to see and invest."

"The company has no money, what do you think these financial products do?"

"People, as long as there is power in the company, there is capital, as long as the company develops well, in an emergency, you can carry out capital turnover, some of the company's operations, although it is out of my opinion, such as the decision of the Burj Khalifa, I made, but there are some things I don't want to ask in detail, but you are different, if you have nothing to do, go to work, I have high hopes for you, remember that you will be in the company in the future, that is, the successor of the major shareholder."

"Okay."

There's nothing easier than going for a ride.

For example, the Burj Khalifa, they only need to contribute, and the money will be indispensable at that time.

"I'll have a drink every often. Dojoon hates his other cousins, but my brother doesn't feel that way. The closer we get together, the closer we become. ”

Chen Dongji looked at his nephew happily, he was a good listener.

Heart-to-heart words, the two chatted for a long time.

"You mean to say that the Burj Khalifa is a game you set up, deliberately letting your second uncle get into a trap, and then pit him hard!"

Unlike Daojun, who had a bright smile on his face, Zhao Dahao's brows were tightly locked.

"Yes."

"But as far as I know, the investors in the construction project of the Burj Khalifa are all princes of the Middle East, and they are all very rich, and you are willing to give up such a big project? So, let me ask again, where else do you plan to earn your money from here? ”

"I'm definitely giving up here, I want to go to country M to make money, and I expect that soon, there will be big financial problems in this country."

"What? Country M? ”

Zhao Dahao opened his eyes and shouted loudly.

"Hey! You said that there is going to be a problem with the finance of country M! How much money can you make on Wall Street? ”

"If you think about the IMF 10 years ago, you know where the opportunity comes from."

Chen Daojun said to Zhao Dahao, who looked incredulous:

"Well, a reminder, if your personal assets are invested in financial products related to country M, hurry up and sort it out, it will start to plummet in the second half of this year."

Zhao Dahao rolled his eyes: "Do I look like someone who has enough money to invest in something like this?" ”

"If you say you don't have money, who will believe it?"

"We're just high-level workers, so there's no money"

From Zhao Dahao's self-deprecating tone, Chen Daojun could see that he was moved.

"If you really want to make money, you can invest in land or buildings, which are the safest investments. Hehe. ”

Chen Daojun had already planned everything, so he began to prepare to leave for country M.

Kim Tae-joon knocked on the door of Mr. Chan's office early in the morning, holding a take-out coffee cup in both hands.

"Tae-joon, you've been coming a lot lately."

"Brother, don't worry, I'm not here to borrow money, I'm here for a cup of coffee or something, oh, we signed a contract with BAT Group, thank you very much, now the problem has been solved."

"Well, I heard about it too, but it's not me, it's Li Xuezai who made the decision, no matter what, I will convey your gratitude."

Seeing that he had been looking at himself, he seemed to be a little speechless, Chen Daojun thought, he wouldn't be here just to say this.

Sure enough, Kim Tae-joon was still not deep in the city, so he immediately changed the topic: "You said you were going on a business trip to country M?" ”

"Yes, I invested some of my consortium's money in an investment firm on Wall Street, and the amount of money is so large, of course I want to take a look."

Kim Tae-joon nodded: "I heard that the world's money has gone to the financial products of country M, and they all said that now in the past, they used to use sacks to fill money, do you think it's really okay?" ”

"Why do you ask? Do you want to invest in Wall Street too? ”

"Well, I asked around, and I heard it's okay."

Chen Daojun didn't seem to want to talk to him more, so he casually mentioned: "Investment is to judge and make decisions by yourself, don't believe what others say, but when you settle down, you have to do it seriously." ”

He's not here to say hello.

Since he heard that Chen Daojun was going to country M, he immediately hurried over.

"Yes, but I've always liked to focus on one thing, so I'd like to hear from you."

Chen Daojun began to talk nonsense:

"The spin-offs that are hot right now, most of them are based on mortgages in country M, and I'm sure you're going to use your house as collateral to pay off the loan, or get kicked out even if it's insolvent, it's not safe."

"Is it safe then?"

"Don't believe what people say! If everyone can't afford to repay their loans because they lost their jobs, then you can imagine whether large non-performing loans will crash. ”

That's all Chen Daojun has to say.

Actually, the job of a bank is very simple.

A fee called deposit margin (the difference between the interest rate on the loan and the interest rate on the deposit) is charged between the person who deposits the money and the person who borrows it.

Because some people have simple jobs, stable salaries, and retirement security, bank employees will treat them as high-quality customers.

Originally, as long as wages and incomes were assessed normally, there would be no major problems.

However, no matter what field you are in, there are always people who can't hide their shining talents.

Many people's talents are focused on how to make a lot of money all at once.

In the early 80s, when a new military Z change occurred, the cold country was affected.

What if you don't have money?

The geniuses of the three capitalists of country M brainstormed and came up with an extraordinary plan.

They came up with a new product called mortgage-backed securities (MBS), or mortgage-backed securities.

A home equity loan, where you take out a mortgage on your home and receive regular principal and interest, for a term of 10 or 20 years.

But from the bank's point of view, it is stable, but it is only a matter of a short time to lend a large amount of money and share a small amount for a long time.

In addition, it is also a loan that is deeply tied to the job.

But these three geniuses only look at mortgages from the perspective of products, not banks.

A home equity loan is a small amount of money but can provide a long-term stable return for the bank.

It was found that this was a perfect match for the stable investment products that retirees, financial income earners, asset owners, and other people who were most reluctant to lose their principal, making mortgage loans a product called MBS.

In fact, it was such high interest rates that led them to think this way.

In 1979, the Federal Reserve raised interest rates, the financial sector fell into a "money" shortage, and the mortgage market began to be turbulent.

Because in the era of high interest rates, no one will take out a loan to buy a house.

But the Z customers are always on the side of the rich and pass the law to prevent them from losing money.

On September 30, 1981, the National Assembly of State M passed a "witty" financial industry bill.

When the financial sector arranges housing loans, taxes are deferred, and a bill is also passed to compensate the treasury for all losses incurred in the process.

As a result, this became a system where only loans could come in, and the era of so-called bond securitization began.

From now on, banks will lend large amounts of money against houses, collect fees, and transfer bonds to other people.

The worries of property developers recovering their principal are gone, and there are no long-term loan bundles.

Instead, he put his main business on mortgage loans and baked it, risking his life and death to run desperately.

Salomon Brothers, an investment bank, took the bonds at different risks, repackaged them and sold them at exorbitant brokerage fees.

If one mixes three or four risky loans with one safe loan, it can even get a AAA credit rating.

Bankers stop playing golf on weekends.

They party on luxury yachts and fly all over the world in private jets.

It's time to put an end to their revelry, and the Angsa have been in power for too long, relying on their first-mover advantage.

As long as there is a systemic problem, the bankers do not pay for the party, on the contrary, the people of country M will pay for it. (End of chapter)