Chapter 402 The Island Nation is Crying
A stock has plummeted from over a hundred dollars to just a few cents. Even if it is not suspended, it doesn't mean much.
All investors are wailing.
There was a lot of cursing.
Because this stock made them lose all their money.
The news from the United States quickly reached Japan, immediately causing great panic in Japanese society. Investment enthusiasm in Japan is now high, with antiques, gold, land, and houses being mortgaged to invest in financial investment companies. These investment companies are buying large amounts of Hans Pharmaceutical shares at high prices.
Now that Hans Pharmaceuticals has collapsed, all the money they invested is gone.
In fact, it is not just retail investors.
Many existing Japanese financial institutions have also invested a lot of money in these financial companies and asked them to invest on their behalf.
They bought Hans Pharmaceuticals from over $100 per share to a few cents per share now, and they almost lost all their money.
Many people have lost their parents.
Abe Fusajiro's home.
Fusajiro Abe mortgaged the antiques he had collected for half his life in exchange for more than one million US dollars, which he invested in a financial company. He was very happy to see the fund company's weekly reports showing profits. He thought the profits would double in one year and quadruple in two years. In two years, he could get the antiques back and make a profit of two to three million US dollars.
Abe Fusajiro was very proud of this investment and often boasted to his children about his courage.
Later, gold, real estate, and land mortgage companies emerged, and he resolutely mortgaged the Abe family's three properties, more than 300 acres of commercial land in Tokyo, and dozens of kilograms of gold that he had stored in the bottom of the box.
The days that followed.
When Abe Fusajiro had nothing to do, he would read the newspaper. When he saw the profit figures reported by the fund companies, he would happily calculate how much money he had earned.
The old man thought that such an easy way to make money was a wonderful life. He could have a drink when he had nothing to do, call a geisha to accompany him, and live a leisurely and happy life.
But a few days ago, things completely changed.
When the newspaper first reported on Hans Pharmaceutical, Abe Fusajiro's heart skipped a beat and he felt like something bad was going to happen, but he comforted himself that it wouldn't be a big problem since the U.S. stock market was so booming.
But later on.
There was a constant flow of bad news.
Abe Fusajiro lived in worry every day, and sometimes even woke up in the middle of the night. In his dreams, all his money was gone, his antiques were gone, his properties were gone, his land was gone, everything was gone.
After waking up, I just felt weak.
Abe Fusajiro was waiting for the latest news and finally got the newspaper. He opened it and saw the front-page headline of the Global Times. The old man was completely stunned.
"The SEC reported the situation of Hans Pharmaceuticals, and Hans Pharmaceuticals collapsed completely afterwards. The price per share was only $0.43 at the close, a 260-fold decrease from its peak. Experts analyzed that Hans Pharmaceuticals was powerless to recover, and a large number of investors would lose all their money."
"The worst-hit companies were the financial investment companies that purchased Hans Pharmaceuticals for a large sum. The losses of these companies are probably no less than 400 million US dollars. It is said that many of these companies received investment funds from Japanese investors..."
The old man's eyes protrude.
I felt a tightness in my chest, difficulty breathing, a dizziness in my head, and the whole house was spinning.
Abe Fusajiro slowly fell down.
By the time his family found the old man, he was already dead.
Abe Fusajiro was very sad to see his father die, but what made him even sadder was that his father had mortgaged all his property to a financial investment company. Now that the investment had failed, the Abe family would soon be kicked out of the house.
How will I live my life from now on?
Is the once glorious Abe family going to fall into ruin?
......
Inoue family.
Inoue Yuichiro is in his forties. His father participated in World War II and even the war of aggression against China. He was a colonel-level officer. During the war, he looted a lot of money, supplies and antiques and brought them home. Later, he was killed on the battlefield.
However, the Inoue family lived a very good life with the things they looted, and Inoue Yuichiro even opened his own trading company.
As Japan's national investment boom arrived, Yuichiro Inoue, on the recommendation of a friend, also joined the party. He mortgaged valuable items in his home, his real estate, land, and even his company, and raised a total of more than 400,000 US dollars for investment.
He has always been immersed in the dream of making a fortune.
Today, I saw in the newspaper that a financial company's investment failed. Inoue Yuichiro was horrified and said, "Impossible, absolutely impossible."
He couldn't believe that he had lost all his investment.
no,
You should go and ask those investment companies.
Inoue Yuichiro grabbed his clothes and went out. When he arrived at the financial investment company, he found that hundreds of people had gathered at the door of the mortgage financial investment company, and more and more people were rushing over.
"Ask your person in charge to come out and tell us whether our investment has failed and whether you have purchased a large amount of 'Hans Pharmaceuticals'." Someone shouted loudly at the door.
"I want my investment back, right now!" someone shouted recklessly.
"Where is the person in charge? Ask him to come out and explain himself." The crowd was becoming more and more agitated.
However, no matter how excited these investors were, there was always a group of local Japanese security guards standing in front of them to prevent them from entering the company.
As for American financial managers, not a single one showed up.
Soon several reporters arrived, some holding cameras and some carrying video cameras, their lenses aimed at these angry investors.
ABC Japan TV station reported the incident that evening.
"Hans Pharmaceuticals collapsed in the U.S., and several Japanese financial investment companies had previously bought a large amount of Hans Pharmaceuticals shares, which resulted in investment failures. A large number of people whose investments were damaged surrounded the doors of the financial investment companies, demanding the return of their investment capital, which caused riots."
"In order to maintain order, the US Far East Military District sent a large number of soldiers to patrol the streets to maintain order, which made those investors leave."
"The reporter then interviewed several investment company executives, who said they were not happy to see the stock price of Hans Pharmaceutical plummet, and that their losses were also huge, much greater than those of these retail investors."
"As for refunds, that is impossible. When investing, you signed a contract. They are operating on your behalf. You are responsible for your own gains and losses. They also warned investors before investing that 'investing is risky and you need to be cautious when entering the market.' Please stay calm."
......
The headquarters building of Japan's Toni Bank.
Suddenly someone downstairs screamed and pointed at the roof, saying, "Someone is about to jump off the building. It looks like President Tojo!"
Many people ran out and stood downstairs, looking up at the man standing on the top of the seventh floor.
Although it was a bit far away, I could still make out his face clearly. It was indeed the president of Tojo Bank, Kotaro Tojo.
"What's wrong with the president?" someone asked.
"It seems that his investment failed. It is said that he raised several million dollars and invested them in American financial companies. Now the investment has failed and all the money is gone. This hole cannot be filled at all."
"Is the president going to commit suicide?"
"They look alike."
At this moment, several bank executives rushed out of the bank building. The vice president looked up and shouted, "President, please calm down. Things haven't come to that point yet."
Kotaro Tojo looked down with empty eyes.
whoosh~!
Take a leap.
Kotaro Tojo jumped down without hesitation.
“Ah~~!”
The crowd around let out screams.
“Pah~!”
A pool of blood appeared in front of the bank building, and people saw that the president, who had always been high and mighty, now had blood splattered all around his head and his body was in a weird and twisted posture.
There was no movement.
Dead.
No matter how big a figure you are when you are alive, with countless people fawning on you, after you die you are just a pile of rotten meat, and people will only feel disgust and fear when they see you.
The vice president looked at the dead president Tojo Kotaro, without any sadness, and even a little anger, and cursed in his heart with gritted teeth:
"You died, and it was all over, but you left me with this rotten stall. What should I do? You're such a jerk."
Within a few days,
Japan's suicide rate has risen sharply.
Someone hanged himself.
Some people breathe gas.
Someone jumped from a building.
Some people jumped into the sea.
Japan's corpse collection team has become extremely busy.
This incident naturally alarmed the Japanese government, and the Prime Minister and cabinet members held an emergency meeting to discuss how to respond.
This investment boom covers a very large area, involving probably hundreds of thousands of people and hundreds of millions of dollars.
You have to know that the current Japanese government's foreign exchange reserves are no more than 400 to 500 million US dollars. It was only after the arrival of Special Envoy Hadi, the vigorous development of the economy and entertainment industry, and the provision of logistical supplies to the United States during the Peninsula War that Japan's economy improved.
"Do you think those investment companies were also involved in the Hans Pharmaceutical fraud?" a cabinet minister speculated.
The fact that these investment companies bought Hans Pharmaceuticals together is indeed worthy of suspicion.
"I think it is necessary to investigate those investment companies to see if they are involved in fraudulent activities. If they are, we can also recover some losses for the investing public," said another minister.
Prime Minister Yoshida Shigeru shook his head.
"Those companies are foreign companies, and their investment activities are in the United States. We have no right to investigate."
At this time, someone said, "Can we ask Special Envoy Hadi to investigate? I believe that with Special Envoy Hadi's power, he will be able to investigate it thoroughly."
"Special Envoy Hadi seems to be in the United States?" someone said.
"Yes, Special Envoy Hadi became the Governor of Penang and Malacca some time ago and received fiefdoms. There were a lot of reports in the newspapers, and then he returned to the United States. After all, Special Envoy Hadi's business is mainly in the United States." said a cabinet minister.
"I have to say that Special Envoy Hadi is really amazing. He is a hereditary viscount of the United Kingdom, has three fiefdoms, and has industries in the United States, Europe, Japan, Hong Kong, Southeast Asia, and the Cayman Islands. It is said that his total assets have exceeded 8 billion US dollars."
"Send a telegram to Special Envoy Hadi. If you want to investigate those investment companies, you must ask him for help," said Prime Minister Shigeru Yoshida.
......
At this moment, Hardy was on his way to the airport. His secretary handed him a telegram, "Boss, there is a telegram from Japan."
Hardy took it and looked at it.
It was sent by the Japanese government. Japanese financial investment has caused a great social panic and many people have committed suicide. They hope that Hadi can help and investigate whether those financial companies are suspected of fraud and illegal activities.
Hardy shook his head.
They really know how to find people.