Chapter 404: What does it feel like to completely collapse?

Who should I blame for my investment failure?

After investigating the financial investment company, we found that all their operations were legal and compliant. We can only blame our bad luck for getting caught up in a stock that went bankrupt.

Originally, throughout Japan, investment enthusiasm was high over the past year or so, and the topics people talked about most were investment, stocks, and futures. Now all the enthusiasm has been dampened, and people have become somewhat afraid of investing.

Those mortgage finance companies, which used to be very busy every day, are now deserted.

The troublemakers are gone, and all those who deserved to die are dead.

Even fewer people come to invest.

The entire Japanese enthusiasm for financial investment was directly killed by this tsunami, and it may take many years to recover.

Perhaps in the future, people will call this period the 'disappearing decade of financial investment'.

Previously, people watched the stock appreciate and made a lot of money on paper, so many people were willing to spend money, and business in the red-light district was very good. Now that the investment has collapsed, many people have suddenly become penniless, and even business in the red-light district has been affected.

But one thing is doing better.

Because some people need it to numb themselves and forget the pain.

The Japanese Prime Minister and the Cabinet have been discussing and feel that Japan is not currently suitable for financial investment. They have decided not to open up overseas financial investment business in the near future and are preparing to use administrative orders to force several financial companies to close down.

Yoshida Shigeru asked Hardy for instructions.

After all, the other party is a foreign company and the situation involved is rather complicated.

Hadi had no objection to the Japanese government's decision and allowed them to implement it according to the cabinet's decision.

The Japanese government subsequently notified several financial companies.

A few days later,

Several mortgage investment companies published announcements in newspapers, saying, "Due to investment failures, we are no longer able to operate normally. We have decided to suspend all investments and close our Japanese companies."

"The shares originally held will be sold to Wells Fargo Bank, and the mortgage loan agreement will also be transferred to Wells Fargo Bank at the same time."

That's it.

These investment companies withdrew with nothing.

Those presidents who had once enjoyed great success in Japan's upper class society disappeared completely from then on.

A few more days passed.

Wells Fargo Bank announced that it has completed the handover with several investment companies. Wells Fargo Bank has purchased all the "Hans Pharmaceuticals" stocks held by these investment companies at the current market price, and all mortgage agreements are held by Wells Fargo Bank.

Wells Fargo announced that in order to recover customer losses as much as possible, Wells Fargo decided to return the funds corresponding to customers' stocks at the current stock value.

At the same time,

If you have collateral, you can redeem it and complete all investment projects as soon as possible.

This operation,

From the outside, it seems to be good for the Japanese people, as Wells Fargo Bank is providing a last-ditch guarantee. Now that it dares to purchase shares of Hans Pharmaceuticals, Wells Fargo Bank has assumed certain risks.

The Japanese people saw the report.

Many people flocked to Wells Fargo to withdraw the little money they had left, because they were afraid that if they put it down any longer, even this little money would eventually disappear into thin air.

Mr. Tomikawa,

I originally invested more than 200,000 US dollars by mortgaging antiques, but now I have only received more than 1,000 US dollars in cash.

It has shrunk 200 times.

He wanted to cry but had no tears.

Look at the person next to him, he originally invested more than two thousand dollars, but now, haha, he only got a dozen dollars. The fat man burst into tears when he got the money.

Fuchuan thought,

I lost more than 200,000 yuan, but I haven't cried yet. Why are you crying so hard? At this time, the fat man murmured:

"I can only get a dozen dollars back for the antiques, but I probably won't get back the house and land I mortgaged. How can I redeem them without money? In a few months, the bank will take them away, and I'll have to sleep on the street, wuwuwu."

Fuchuan shook his head.

Fortunately, he did not mortgage the house at that time.

I went to another bank window, handed over a mortgage document, and said to the clerk at the counter, "Miss, I want to redeem my mortgaged property."

Then he pointed to one of the names on the mortgage list, "Qianlong Jade Seal," and said, "This was mortgaged for $1,680. I want to redeem it first."

Among the batch of antiques that Fuchuan mortgaged, his favorite was the Qianlong jade seal. As he spoke, he opened his briefcase and took out a stack of US dollars. This money was his last fortune, a total of more than one thousand US dollars.

Together with the stock refund I just received, the total amount was more than two thousand, just enough to redeem the Qianlong jade seal.

The clerk at the counter looked at the receipt, smiled formally, and shook his head, saying, "I'm sorry, sir. The terms of the mortgage agreement clearly state that the mortgaged property is a batch mortgage, not a single mortgage. So if you want to redeem the mortgaged property, you need to pay off the entire mortgage amount in one lump sum, and you also need to pay the commission and mortgage interest."

Ga~!

Fuchuan was dumbfounded.

The action of handing over the money froze there.

"Yes, do I need to redeem them all at once?" Fuchuan asked in surprise.

"Yes, sir." The waitress replied with a polite smile.

"Well, that's more than 200,000 US dollars. How can I come up with more than 200,000 US dollars all at once?" Fuchuan stuttered as he spoke.

Even before he suffered losses, he couldn't come up with so much money.

Now it is even more impossible.

The clerk smiled politely and said, "This is what is stipulated in the agreement. This clause is also on the copy you have in your hand. Please take a closer look. Do you still want to redeem the collateral?"

At this moment, Fuchuan felt the smile on the waiter's face was so awkward.

"It's all right."

Fuchuan put away the mortgage note and prepared to leave.

The waitress smiled politely and kindly reminded Fuchuan, "Sir, the mortgage period on your receipt is two years, and the mortgage period is February next year. If you cannot redeem it before February next year, the bank has the right to automatically confiscate the mortgage."

“Puff~!”

Fuchuan felt like he was stabbed in the chest.

It hurts so much.

Do I need you to remind me? I know it myself.

"Sir, I would also like to remind you that when the redemption is due, you will not only have to repay the principal, but also pay commissions and interest. Therefore, the amount will fluctuate by about 5%. Based on your mortgage amount, you will need to prepare an additional $12,000."

“Puff~~!”

Fuchuan was stabbed again.

He lowered his head, covered his chest, turned around slowly, and whispered, "Thank you, waitress. I understand."

When leaving,

Fuchuan's body was obviously more hunched.

He knows,

I'm afraid I'll never have the chance to see those antiques again in this lifetime.

In fact, Fuchuan was relatively lucky, as he mortgaged antiques. The most miserable group of people were those who mortgaged their houses. Many of them mortgaged the houses they lived in. The end they would probably face would be vacating their houses when the mortgage expired, and becoming homeless.

After Wells Fargo Bank handled the stock redemption business, there were many more floating corpses in the seas of Japan.

The Japanese government instructed newspapers not to report the incident.

......

hardy estate.

Sayuri was kneeling beside Hardy, massaging him attentively. After learning from a professional masseuse, her massage skills improved by leaps and bounds.

Some time ago, Sayuri hosted a Japanese singing competition and became the most famous host in Japan. She is currently preparing to shoot a movie.

Hardy agreed that her film "The Dancing Girl of Izu" was ready to start shooting.

Hardy was enjoying the massage, closing his eyes and saying, "After the filming is finished and it is released in Japan, Europe and America, I will send you to the Oscars and win an Oscar for Best Foreign Language Film. You will become even more famous and become the most famous movie actor in Japan."

Sayuri was surprised.

"Thank you, sir."

With Hardy's current power, just a few words can make Sayuri a household name. Especially now that Japan is at the lowest point in film art, it is a good time for her to rise.

night.

Sayuri's service is extremely considerate and meticulous.

......

Japan's financial events are basically over.

The Japanese government has decided that Japan will no longer participate in international financial investment for some time to prevent the people from bearing too much risk.

The stocks of financial investment companies were also sold, and they completely withdrew from Japan.

In the end, Wells Fargo provided the guarantee, and the Japanese government should thank Wells Fargo for resolving the matter.

People's emotions gradually stabilized. What should they do if they lost money? They can just earn it back slowly, but life will just become more difficult.

But before long,

Things took an unexpected turn and underwent major changes.

Dr. Hans, who had disappeared for several months, unexpectedly reappeared. Someone saw him in South Africa. Many reporters immediately chased Dr. Hans, and finally American investigators found him in the laboratory.

Dr. Hans was taken away for investigation.

A few days later,

Dr. Hans was released, and then the investigation team announced the situation to reporters. What they said shocked many people.

At the press conference,

The head of the investigation team told the dozens of reporters in the audience:

"We found Dr. Hans, conducted in-depth and detailed inquiries, and did a lot of investigation work. We concluded that the special medicine produced by Hans Pharmaceuticals was not fake as previously reported in newspapers, but was indeed effective."

Boom~~!

The reporters in the audience were shocked.

Originally, everyone was expecting to condemn Dr. Hans, but now the conclusion drawn by the investigation team is so unexpected.

"Can you confirm that the new drug developed by Dr. Hans is effective?"

“Isn’t this a case of academic fraud and financial fraud?”

"Can you give me more details?"

Reporters chirped and asked questions.

The spokesperson of the investigation team motioned for the reporters to stop talking for a moment, and when the reporters' voices died down, he continued, "Don't worry, I will report the details."

"The first newspaper to report Dr. Hans' fraud was the American Financial Times. Later, we asked the reporter who wrote the report, and he said he had never been to Africa and had never interviewed Dr. Hans."

"As for the content of his article, he heard about it from a local African official, so he wrote the report."

"The second newspaper to report on the fraud of Hans Pharmaceuticals was the New York Times. The New York Times has reporters stationed in Africa. Later, their reporters interviewed some officials and subjects who participated in the Phase II and Phase III trials."

"From the responsible officials and experimenters, we learned that Dr. Hans gave patients a variety of drugs, including streptomycin. They did not even ask Dr. Hans to verify it, but arbitrarily said that Dr. Hans had falsified the information and reported it."

"We asked Dr. Hans, and he pointed out that the experiment in Africa was not conducted as a sales experiment. He mixed drugs for patients to test his new drugs and the curative effect of mixed drugs on patients in order to achieve the best treatment effect and provide solutions for future treatments."

"We have looked at the experimental data provided by Dr. Hans. The experimental data show that the new drug 'Ethambutol' developed by Hans Pharmaceuticals is very effective. It is more targeted to tuberculosis than streptomycin, a broad-spectrum anti-inflammatory drug. It can be called a specific drug."

"Dr. Hans said that because the experiments in Africa were not aimed at a quick market launch and the company provided sufficient research funding, he conducted a series of auxiliary experiments so that when they were brought to the United States, the speed of conducting similar experiments would be much faster."

The reporters asked in surprise:

"You mean to say that the reports in the Financial Times and the New York Times misled readers and caused the Hans Pharmaceutical stock crash?"

"You can say that." The investigation team nodded.

"Where did Dr. Hans go during this period? Why didn't he show up and only appeared after more than two months?" a reporter asked.

"He said he was tired from doing experiments, so he handed over some unimportant and time-consuming experiments to his assistants and took the day off to spend time with his family and children," said a member of the investigation team.

"Is it true that he sold his shares before? Why did he sell them again?" Another reporter asked further questions.

The spokesperson of the investigation team waved his hands, "This is originally a private matter, and we don't need to report it. However, we also asked Hans. Since everyone is curious, I can tell you that Hans Pharmaceuticals was indeed heavily in debt before, and during that period, it did not develop any new drugs. Later, a company was willing to acquire it and continue to fund its research, so Dr. Hans sold his shares. This is very normal."

"It may be because he was relaxed, or it may be because of luck. More than a month after receiving the funding, Dr. Hans found this information in the drugs he had previously studied. After several more experiments, he successfully synthesized 'ethambutol'. After testing, it was found that it had a very good effect on tuberculosis bacteria, which led to the subsequent events."

Another reporter asked: "Does the new drug still need to be tested? When will the second phase of the trial be conducted in the United States?"

The investigation team members stood up.

"This is not within the scope of our investigation. I am only investigating whether there is any deliberate fraud in this incident. Now I can responsibly tell you that Dr. Hans did not commit any fraud in this matter."

"Okay, that's it for the press conference."

......

The news soon appeared in the newspapers.

After all, the Hans Pharmaceutical incident caused a lot of controversy some time ago and attracted a lot of attention. Now people finally know that it was all a misunderstanding.

The Financial Times and the New York Times, which caused this misunderstanding, were criticized by many people for being biased in their reporting and making random reports without verification, which caused the reputation of the Financial Times and the New York Times to decline significantly.

In fact, the whole thing

It was still a scheme set up by Hardy, Andy, and Henry. This "Hans Pharmaceutical" incident was a series of traps.

Of course,

There is also an element of luck involved.

In fact, at the beginning, they were only prepared to proceed to the second step, to withdraw after defrauding the Japanese of their money, but they were really lucky. During this period, Hans really made a breakthrough and invented the drug "Ethambutol".

In fact, Hans was just trying to develop a medicine, so at least he had to pretend to be competent. He was a doctor and he would not allow any low-level mistakes.

Unexpectedly, during the experiment, a new synthetic drug was actually created, and it had a good effect on tuberculosis bacteria. After Hardy learned the news, he and Andy Henry studied the follow-up plan together.

And throughout the entire operation.

No one broke the law, there was no need for fraud, it was a completely normal financial operation, even if the most skilled detective came, they would not be able to find any problems with them.

As for the Financial Times and the New York Times.

All I can say is that they were taken advantage of.

The American Financial Times was a second-rate tabloid. Henry and his team just used some tricks to provide the other party with some clues and information, and the other party excitedly reported the news.

As for the New York Times,

Henry used a hidden nail.

The business spies sent by intelligence organizations do more than just collect intelligence; they can also be used directly at critical moments.

It was because Hardy knew that the newspaper that reported the incident would be implicated, so he did not involve the Global Times from beginning to end.

After the stock price plummeted,

The Japanese could not sit still and forced the financial investment company to leave, and Wells Fargo Bank naturally took over the shares of "Hans Pharmaceuticals".

Wells Fargo returned the remaining investment funds to the Japanese, and now they have nothing to do with Hans Pharmaceuticals.

The shares outstanding in the market.

This time was also taken back by Andy.

......

Japan,

Tokyo,

On a bridge.

The middle-aged man looked at the newspaper in his hand, his eyes full of despair.

The content reported in the newspaper is the whole story of "Hans Pharmaceuticals". Now the stock of Hans Pharmaceuticals has begun to recover.

And these,

We no longer have any relationship with previous investors.

He invested hundreds of thousands of dollars.

In the end, I only got back a little over a thousand yuan.

Tell him now that this was an oolong incident and a misunderstanding.

"Baga, baga, my hundreds of thousands of dollars, my ancestral house, my land, ahhhhhh."

The middle-aged man screamed wildly and dropped the newspaper in his hand.

He jumped down.

......

Japan subway station.

Some people stared blankly at the newspaper on the wall, their lips trembling. Their family originally had quite a bit of assets, as their father had robbed a lot of money by participating in the war.

He participated in investing during the financial boom.

Later, the stock price plummeted and all his investment was lost. He mustered up the courage to accept reality and prepare to work and live.

But now the newspapers say,

The stock price may go back up in the future, but the problem is that he has already sold them all, so even if it goes back up it has nothing to do with him.

That's how he feels.

Got fooled.

It was such a deep teasing that I was completely powerless to resist.

I was fooled so thoroughly.

He felt an immense sense of collapse from within.

What's the point of working hard on your own?

It's meaningless.

"Woo~~~~~"

The subway is coming quickly and preparing to enter the station, reminding people in the subway station to pay attention to safety. Lights appear in front, and the subway is about to arrive.

This person feels that the subway lights are too dazzling today.

whoosh~~!

The moment the subway entered the station, the man jumped off.

......

Japanese Prime Minister Yoshida Shigeru and a number of cabinet ministers were speechless after seeing the news reports.

How could this happen?

How could this happen?

The conference room was so quiet you could hear a pin drop.

No one knew what to say.

......