Chapter 278: You're Not Afraid of Thunder?
Jets turned his head to look at the head of the legal department and ordered: "Amarin, you take your team and go to Los Angeles immediately, but remember, first knock on the side to find out what hole cards this David has, if there are really some hole cards, we must try to choose out-of-court settlement, understand?" ”
Things have come to this point.
No matter how stupid he was, he knew that David must have mastered something, otherwise he would never dare to put such a level of hat on them in front of the whole world.
"Mr. Jets, I think...... Think ......"
"Whatever you do, just say what you want!"
"It's Mr. Jets!"
Amarin didn't dare to ink anymore, and said loudly: "The cause of this incident has to be traced back to the Sackler family, if it really comes to the point of out-of-court reconciliation, what if he proposes to ask us to hand over the assets of this family?" ”
"I don't need to tell you?"
Can each one be had?
As mentioned earlier, the American customers who buy these two products have reached tens of millions of shares.
"This ......"
The next morning, the Director's Office.
Amarin frowned slightly, but he dared to slack off, and immediately picked up the document and checked it.
"Hmmm......"
"Therefore, as long as you admit to CUUI and CUUO's tax evasion violations, pay us another tax evasion penalty, and cooperate with our transfer of the Sackler family's property, your business in the United States can be reopened, and the dispute with our IRS will end here."
It can be said that as long as this document is released, it will definitely be a favorable evidence accusing them of UBS Group suspected of tax evasion!
Humphrey, who was on the side, saw that Amarin's expression was so ugly, and he also realized that something was wrong, and immediately reached out to take the document and read it.
This group of people is currently the largest customer of Swiss banks, not to mention that they immediately withdraw their principal, just no longer trust Swiss banks and do not store funds in the future, it is a big loss for them.
And once there is a thunderstorm, the people of Youtai, Angsa, and oligarchs from various countries who deposit their money in Swiss banks will probably have to settle accounts with the top management of UBS as soon as possible.
Transferring the assets of the Sackler family would not only smash their signboard, but most seriously it might cause concern among the Yutai group.
But soon, Humphrey, who had finished browsing it, also showed the same ugly look as Amarin.
Humphrey choked on this.
But he also suddenly realized that he was asking a stupid question.
"You ......"
The car door opened, and the Amarin and his party, who had arrived overnight, got out of the car, and when they saw their arrival, the media personnel stationed here instantly became agitated.
yes, why did people tell him?
And why tell him?
And if their Swiss bank really crashes, then the United States and even the IRS will be affected, which is important for Davy to fear, right?
Even if you don't have to be afraid, you have to make some concessions, right?
But if they compromise on the assets of the Sackler family, it is equivalent to smashing their bank signboard and losing credibility in front of the world, which can be described as a dilemma!
"If it really gets to that point, I think maybe that's all I have to do......"
And now that he has completely grasped the initiative, there is no need to be too cowardly to be led by the nose by the other party.
Is this Davey's head so iron?
Not even afraid of a financial crisis?
Not afraid that the IRS's tax treasury will be emptied?
If they only have one or two such documents, although it can be regarded as strong evidence of their UBS Group's tax evasion, they are still confident that they can settle it.
"Are you crazy, House, doing so will smash our signboard, and the Sackler family is the Yutai, if the family's funds are handed over to the IRS, then how can those Yutains be willing to put the funds with us again?"
That's outrageous, isn't it?
This was a strategy that Amarin and his party had already thought of when they came.
But to their disappointment, not only did David's face not show a trace of jealousy and worry, but he still kept smiling with an old god, and then sneered: "Is there anything else to add, Mr. Amarin?" ”
"If there is a real financial crisis, and all your people are unemployed, then your tax revenue will be drastically reduced."
Amarin, as well as the rest of UBS's legal department, were taken aback.
……
This time it was Amarin who spoke.
"Hello Director David, my name is Amarin, and I am the head of the legal department of UBS, and this is my colleagues Ricardo and Humphrey......"
But why is it that in the information given by David now, the property owner, the holding institution, and the holder can check it so clearly?
Humphrey couldn't figure this out even though he couldn't figure it out, then he looked at David and asked, "Director David, where did you get this document?" ”
"What! Director David, what do you mean by that? ”
Before Amarin could continue, David interrupted.
“……”
"Hello Mr. Amalin, Mr. Ricardo, Hello Mr. Humphrey......"
"It is said that the UBS Group sent almost the entire legal department this time, and it seems that it is ready to 'do a big fight' with the IRS!"
Can David have every kind of information like this?
Hearing this, the Amarin people breathed a sigh of relief.
Now, what happens about the two major products of CUUI and CUUO is indeed likely to cause a huge crisis for the entire Swiss bank.
"I can have it for every customer who has purchased this product!"
David was right, this was indeed one of their clients' profiles.
This is also a helpless move, and the threat of a financial crisis caused by thunderstorms is already a bargaining chip they can think of at present.
"To be honest, I don't want to go to court with you UBS because it's a waste of my time......"
So that's exactly what he's desperate to figure out right now.
Jets couldn't think of any good way for a while, so he could only take one step at a time.
But if David had dozens or more in his hands, then they would not have been able to get out of it so easily.
CUUO is a product that has been tested in many ways before it is issued, not to mention manpower, and even the most powerful computer and the most powerful regulatory system cannot find out the owner of the stock, the institution holding it, and the holder after each dividend distribution.
After saying this, Amarin and his party fixed their eyes on David's face, hoping that David could show a trace of jealousy or worry.
"Mr. Amalin......"
In fact, it is not that David is not afraid of this, but he thinks that Swiss banks are probably more worried about thunderstorms than him.
9.30 a.m.
David leaned back, his arms folded around his chest, and he looked like he was going to win.
Hearing David's words, the faces of Amarin and the others instantly turned the color of pig liver
"Director David, what I want to know is, you have ...... about such customer information How many copies do you have now? ”
But to hand over the assets of the Sackler family, this is tantamount to letting them smash their own signs, which is unacceptable to their UBS Group.
David smiled and shook hands with each of them.
This question made Jetts pause on the spot.
The IRS had already received the news of the arrival of the UBS group, and as soon as they saw their arrival, they were immediately taken to a conference room on the seventh floor.
"Quite simply, we have 26% of the world's cross-border assets, and the largest proportion of them comes from you, the United States, which means that if we are a thunderstorm, the chain reaction will affect you the most!"
About ten minutes later, the specific work situation has been reported.
"Our two products have been sold in the United States for five years, and they have accumulated tens of millions of customers, but because of your dirty ...... Words of accusation, now the credibility has been dealt a serious blow, and it is not fair to us! ”
Amarin's posture lowered slightly.
After all, their Swiss banks control 26% of the world's foreign assets, which is a big bargaining chip for them.
"It doesn't mean anything else, it's just between the words!"
The atmosphere froze for a full two minutes before Humphrey spoke: "Well, Director David, this matter is very important, we need some time to think about it, what do you think?" ”
Hearing David's affirmative words, Amarin Humphrey exchanged glances, and then Amarin said: "Director David, if our Ruiguo Bank is a thunderstorm, it will not be only us who will be unlucky. ”
Then the two sides sat down, and Amarin took the lead in speaking: "That's the case, Director David, I don't agree with your statement that our CUUI and CUUO products are suspected of tax evasion in violation of regulations." ”
But David is obviously determined that they don't dare to completely tear their faces apart, and they can only lower their posture and negotiate again.
"The director, the representative of UBS, has arrived at the Long Beach airport in Los Angeles and is expected to arrive at the bureau in half an hour."
"What does that mean?"
Amarin's gloomy face fell silent, and the other members of the legal department of UBS Group at the scene were also speechless.
The model of this product is to sell and re-acquire the shares on the same day as the dividends, and because the transaction time is so short, the tax authorities cannot determine who is the owner of the shares.
As for David and some of the senior officials in the bureau, they have been waiting here for a long time.
"The UBS delegation is here!"
"Arabella is right, if we cooperate with the transfer of the assets of the Sackler family, then the rest of the Yutai people will also be worried, if they feel that their money is no longer conservative with us, and want to siphon out the funds, then we may fall into a greater crisis."
“……”
"Haven't you really thought about such consequences?"
"Go ahead, you have time to think about it one day, I have a lot of work, you have to give me an answer before tomorrow!"
Hearing such an understatement answer, Amarin Humphrey and the others almost couldn't help but burst into expletives.
As soon as a senior executive of UBS Group made his own suggestion, he was sprayed with dog blood by the rest of the group in an instant.
"Director David, that's all it takes, why don't you give us an explanation, what do you want?"
"And when your people lose their jobs, the government is bound to give out a large amount of unemployment benefits, but where does the money come from?"
And this customer bought this product from CUUO.
"From your IRS treasury, of course!"
Even if it is uneven, it will not hurt the muscles and bones.
"Director David, you also know how important reputation is to a bank, and the foundation of our Swiss bank is the guarantee of creditworthiness......"
"Mr. Amalin, are you confident that you will explain the problems of CUUO and CUUI to the IRS this time?"
David asked rhetorically.
Therefore, he immediately adopted a tougher tone at the beginning!
After hearing this, David didn't have any expression, directly threw over a document he had prepared, and said, "Mr. Amalin, this is the information we found for one of your customers, please take a look!" ”
Amarin knows very well that in the face of a person like David, he must not show weakness at the beginning, otherwise, he will definitely be led by the other party's nose next.
"Okay Amarin, you go over and talk to David first to try out his hole cards, and after the specific situation is communicated, we will make a decision!"
Two cars arrived at the door of the Los Angeles Internal Revenue Service.
Admitting CUUI and CUUO's violations and paying another tax evasion penalty is enough to make Swiss banks feel pain, but it is barely acceptable in order to allow the group's branches to reopen business in the United States.
A few minutes later, as this line of information came into view, the sweat stains on his forehead continued to appear.
"Don't tell me this, I just want to hear your cooperation or rejection!"
And the rest of the high-level officials were also speechless.
Listening to the series of situations, David nodded frequently.
David said loudly: "Then let's prepare, let's have a good 'greet' with the UBS representatives!" ”
In the face of questions from the media, the people on the side of UBS Group had no intention of being interviewed, and walked into the bureau one by one with solemn faces.
However, in this document, not only has it been found out who the owner of the stock is, but even which country and which company the property owner uses to carry out the operation.
"Director, UBS, because of this incident, the market value has evaporated by $6 billion overnight..."
Judging from what David currently has, of course, they don't want to go to court, and it would be best if they can reach an out-of-court settlement.
"At that time, your IRS will face a tax can't come up, and you have to spend a lot of money, so if you don't get it right, your IRS will have to go bankrupt."
"Understood!"
Although I was very dissatisfied with David's words that could not be refused.
But this is someone's territory after all, not to mention that it is still being pinched now, even if Humphrey and the others are dissatisfied, how dare they refute it too much, and leave the office one by one with their faces pulled.
(End of chapter)