“This is too much!”
“Not allowing the withdrawal of deposits is no different from robbery.”
Yuki Nagano cursed angrily.
I managed to scam a few big red envelopes from Nagano Nao during the Chinese New Year, but now they have been lost by the bank. I am so pissed off.
Nagano Chiyuki didn't feel this kind of pain, and said sarcastically: "Ounai, you are really amazing. You have encountered such bad luck with your savings. Could it be that you are punished by the gods because your heart is full of evil thoughts?"
"Nagano Chiyuki, don't go too far! Is there anything to be happy about when something like this happens?"
"Because happiness is, of course, built on the suffering of others!"
"hateful!"
“.”
Faced with the fight between the two sisters.
Mrs. Yamaguchi was in no mood at all. She said anxiously, "Mr. Nagano, you must know a lot of big names in the banking industry, so please help me find out what happened! Please!!"
"Straight man." Kanako Nagano hesitated to speak, her eyes full of urgency.
Relationship society.
When encountering any problem, the first thing people do is never to call the police, but to use connections. In fact, the reason why China has become a relationship-based society is because calling the police is useless.
Right now.
Nagano Naoio became the only hope.
As the head of the headquarters of Daiichi Honseiho and the president of a powerful second-tier company, he must know a lot of people! He just looked at the two pitiful little faces.
Nagano Nao fell into deep thought.
Do you want to say that you are the biggest villain behind these village banks? Of course not! Japanese insurance companies have to be proud, how could they do such a stupid thing!
Stopping Chiyuki and Yuki who were still arguing, Nagano asked curiously, "How much money did you deposit?"
"More than 10 million!" Mrs. Yamaguchi said almost in tears.
Kanako Nagano was more direct. She quickly returned to the room and brought back the deposit certificate.
One hundred and thirty million yen.
There is profit from the fruit shop, but the main part comes from the household expenses that Nao Nao usually gives.
The problem is that this deposit certificate is slightly different from the regular passbook slip. There is a financial purchase agreement on the agreed return! Oh! As a full-time housewife, how can I understand the difference between financial management and deposits? I just know that the money is given to the bank.
Just eating melons at home.
This is a bit fucked up indeed.
Apart from secretly boasting that he was getting further and further on the path of being a gentleman, Nagano Nao didn't know how to describe the ins and outs of this matter.
Because Mujin Credit Union is a village bank on the surface, but in essence it is a financing snowball of the P2P model!
But one thing is certain, the news was suddenly exposed, so it becomes very important to stop the loss in time and cut off the traces.
A new day is coming.
President Nagano came to the company.
Because of the negative news about the holding shadow institution, the board consultation meeting became a matter of course.
"Damn it! What on earth are those idiots from Kizu doing? How could they allow something like this to happen?"
"The total amount of bad debts of several credit unions has exceeded 630 billion. Didn't these bastards check the qualifications of their customers?"
"When news like this comes to light, controlling the risks is already a top priority."
"But if the funds are withdrawn, the situation will probably get worse!"
"Is there anything more important than duty at this time? It's better than the Financial Bureau getting involved!"
“.”
All the major officials were discussing seriously how to handle the matter.
When talking about company responsibilities, the angry expressions of the upright gentlemen make you really think that these guys are all very upright people.
But in fact, except for the president and director Naoio Nagano who came too late, none of these guys had a clean ass.
Damn! P2P is so profitable.
Who can not get involved?
It’s just that Nagano Nao was too young and didn’t have time to get on the bus.
But of course, this kind of thing cannot be exposed, after all, we are all in the same group !
The officers present looked at the president.
"It is really infuriating that this happened, but what Sasaki-kun said is right. What else is more important than protecting the safety of public funds at this time?"
"Then I'll leave everything to Nagano-kun!"
“.”
Internal agreement reached.
It's time to pass on the blame.
As soon as he returned to the office, Nagano Nao called Shimizu Terugao from the Industrial Research Group and said, "There's a problem at Sagara Mutual Finance. I hope you can go over and take care of it!"
"this."
Qingshui Zhaoyan looked constipated. Although parachuting in would make him a local emperor, if there was no benefit in doing so, he would just have to take the blame and clean up his mess.
The so-called Kizu-cho.
It belongs to Sagaku-gun, Kyoto Prefecture, Osaka.
It was originally called Kizu Village. With the urbanization changes in the Meiji period, Kizu Village became the current Kizu Town, which is a town-level street.
The so-called Sagara Mutual Finance is actually a subsidiary of Japan's Seiho Kyoto Asset Management opened in Sagara County.
Although Sagara lost administrative power after the abolition of county-level administrative units, the area is still traditionally named after the place.
As for Kizu Credit Union, it is a village bank established by Sagara-kun Mutual Finance in Kizu Town.
certainly.
Daiichi Benshengbao is a responsible company that works for the society in an upright manner, seeks welfare for the people without asking for anything in return.
Therefore, it is absolutely impossible to participate in shadow banking operations involving P2P financing.
Therefore, Sagara Mutual Finance only invested in Kizu Credit Union and had the right to control and return, while Kizu Town was responsible for its own operations.
Shadow banking?
How could a big Japanese insurance company do such a thing? But investment is no problem. As a financial institution, helping local financial development and making the economy better while protecting the company's profits is the mission and value of Japanese insurance company to dedicate its soul to society!
The problem is that Shimizu Terugao has no shares in the Mujin Credit Union, and now he is being parachuted in to do the work, which is obviously an attempt to put the blame on him.
He looked so embarrassed, as if he had eaten shit.
Nagano's eyelids twitched slightly: "Do you think there is a problem, Shimizu-kun?"
"No, it's just that something like this happened at the Mujin Credit Union. What those bastards did was really too much."
He lowered his head and answered with obvious frustration.
The president took care of Onoue's matter, and although Shimizu Terugao knew that he was going to be a bastard this time, he had no reason to refuse at this moment.
Nagano nodded with satisfaction: "Since Shimizu-kun thinks so, then please!"
"Ha Yi!"
Promise it.
Shimizu Terugao was ready to deal with Kizu's problem.
When I reached the door, I was suddenly called.
"Originally I didn't intend to trouble you, Shimizu-kun, but because two of the clients at the Kizu Credit Union have some relationship with me, I need to avoid this matter, so I have to..."
"The president's integrity is truly admirable! Shimizu is so touched."
upright?
Looking at Shimizu lowering his head, Nagano Nao was secretly suspicious.
Is this guy trying to make a veiled accusation?
Feeling humiliated.
But I don't know when it started, but I always feel that no matter what I do, others seem to be pointing fingers at me! Maybe it's because I have done too many shameful things, so I always feel that I am being pointed at!
Oh shit!
How did I end up living the life I hated the most?
Nagano-kun! You betrayed your ideals and class! However, even though he cursed in his heart, Nagano Naoko still looked upright on his face, showing a frank look that said I am optimistic about you, nodded and said, "Then I'll leave it to Shimizu-kun."
“.”
Kyoto City is not far from Soraku County.
After driving for thirty minutes, Shimizu Terugao arrived at her destination, Sagara-kunkizu-cho.
Because it was exposed by TV stations, many depositors blocked the entrance of Mujin Credit Union, holding banners that read - Give me back my hard-earned money!
In addition, there were reporters holding guns.
It is not a smart choice to show up at this time.
After making a phone call, the other party replied that he was at a nearby club, so Qingshui Teruyan drove over.
"Master Shimizu!"
"Master Shimizu!"
There were more than a dozen people smoking in the club, and the whole space was filled with smoke. When they saw Qingshui Zhaoyan coming over, many people stood up and greeted him.
There were senior executives from Sagara Mutual Financial and Kizu Credit Union. After greeting each other, Kan Naoshige, the president of Sagara Mutual Financial, and Shimizu introduced their identities.
"This is the mayor of Kizu Town, Minami Genshige, this is the president of Kizu Credit Union, Tani Ten Chiichi, and this is our club director, Mr. Shimizu."
“.”
Bow +1.
A hypocritical courtesy.
As the representative of the controlling shareholder, Shimizu Terugao launched an investigation into the handling of this crisis.
The situation is pretty bad.
After 1988, Mujin Credit Union not only provided mortgage loans to residents, but also provided financing to commercial real estate developers with incomplete qualifications, and even acquired a large portion of commercial real estate equity.
These guys are not only engaged in P2P, but also investing in real estate themselves.
7650000000000!
Even though she was parachuting down from above, Qingshui Zhaoyan still felt dizzy.
The total loan amount was as high as 7.65 trillion yen, but the liquid funds on the books were only 2 billion yen.
Where is the money?
Apart from a large amount of pledged real estate in hand, you can easily guess where the rest of the money has gone.
What should be distributed has been distributed, and what should be taken has been taken. It is simply impossible to expect these guys to spit out the money.
But now, with the central bank issuing a guiding window instruction, the real estate market has plummeted and major banks have seen a wave of home abandonment and mortgage defaults.
The real estate held by Mujin Credit Union is completely unsaleable.
This means that if the debt cannot be converted into cash, the bad debt of Kizu Credit Union may reach tens of trillions of yen.
Damn it!
This is such a big hole, even if you bury me, it's impossible to fill it up! What should I do? Of course I should run away!
He didn't even bother to curse.
Qingshui Zhaoyan dropped the job and ran away on the spot.
Nagano Nao was also stunned when he received the report: "So, there are only 2 billion yen in Kizu's account now?"
"Hayi!" Qingshui Zhaoyan said with a bitter face. The situation was so bad that it was completely beyond his expectations.
"Have these bastards gone crazy?"
“.”
Seriously.
This really can’t be blamed on Mujin Credit Union.
As the second largest credit union in Japan, Kizu was very rigorous when it was first established.
But the problem is that in 1990, the total number of factories in Kyoto Prefecture was 167,000, of which 99.1% were small and medium-sized enterprises, accounting for 2.5% of the national total, ranking 11th.
The total industrial output value was 577.95 billion yen, of which the electrical machinery industry accounted for 18.3%, the fiber textile industry accounted for 12.6%, the transport machinery industry accounted for 10.8%, the beverage and feed industry accounted for 9.0%, and the general machinery industry accounted for 7.1%.
Modern industry has formed a group of high-tech enterprises.
For example, Shimadzu Corporation mainly produces advanced medical equipment and aviation equipment; Kyoto Precision Ceramics is engaged in the development and application of new ceramic materials and the production of advanced cameras and other cutting-edge technology products; Tateishi Electric develops and produces a variety of advanced electrical machinery, such as automatic ticket gates, computer automatic doors, electronic medical equipment, etc.
It's obvious.
When it comes to making money, industrial manufacturing is really not good at it.
The total industrial output value of the entire Kyoto Prefecture is only more than 5 trillion. With more than 100,000 companies, how much can the total profit be?
Take Ito Man Trading Co., also located in Osaka, as an example. With a loan of more than 1 trillion, based on an interest rate of 10%, the bank's annualized profit is more than 100 billion.
This is all real net profit.
Mujin has released 7 trillion yuan, part of which is for consumer finance, part of which is to help real estate developers with insufficient qualifications to get through, and part of which is for personal mortgage loans.
These interest rates are generally between 20 and 30 percent.
What does that mean? If it's good.
The Kizu Credit Union earns one-third of Kyoto Prefecture's total industrial output in one year.
Besides.
How could speculating in real estate be risky?
In order to encourage citizens to buy houses, the government even issued a "White Paper on Land Use", in which it claimed that "current housing prices are in line with the trend of my country's economic development, and the rise in land prices centered around Tokyo is caused by actual demand." This statement openly endorses the rationality of high housing prices.
But no one expected that the central bank would take such a drastic action this time, directly forcing the Ministry of Finance to agree to increase the down payment to 75%.
On the surface.
It’s just a matter of increasing loans. As long as there is demand, house prices will not fall.
The problem is that the current fertility rate is declining. From the data released by the Ministry of Health, Labor and Welfare, even a fool can see that there will be no demand in the future, and supply will simply exceed demand.
It should be noted that with the development of the financial industry today, real estate has also been endowed with financial attributes.
Increasing the down payment ratio means deleveraging. Bank capital can no longer flow into real estate, and without the central bank's financial support, the current forced liquidation avalanche has occurred.
More than 7 trillion in loans.
Converted into US dollars, it is more than 70 billion US dollars.
If you compare it with a neighbor, you will find that the GDP of the next door is only 120 billion US dollars, so you will know how terrifying this number is.
I can't bear it! No one can bear it.
The board of directors consultation was held again.
Nagano Naoio threw the documents on the table and laid his cards on the table.
"There are only 2 billion on the books out of a loan of 7 trillion. What do you think of this?"
"This is not a big problem. With large-scale high-quality assets, we can find banks to take over."
Vice Chairman Asajima Hanfu said indifferently, relying on his seniority.
Officer Noyama Yu then responded, "Yes! The main problem right now is the depositors. It should be easy to solve as long as we stabilize their emotions!"
So? You mean I'm not a good enough president?
It's fine that you usually act like a senior, but are you pretending to be cool in front of me now?
With a snap.
Nagano Nao picked up the ashtray on the table, aimed it at Noyama's bald head and smashed it at him.
Screams were heard.
Following a few clanging sounds, the ashtray made several circles on the ground before slowly falling to the ground.
Noyama Xiong screamed, covered his head and fell to the ground unconscious.
Bright red blood gradually seeped out from his forehead.
There was no sign at all.
It only took a breath from Nagano Nao's outburst to Noyama Yu becoming like this, and the people present couldn't even react.
The entire conference room was filled with panic.
Everyone stared at Nagano Nao in amazement. No one expected that he would dare to use such a heavy hand.
It took a long time.
I don't know who swallowed secretly.
Asajima Hanfu finally reacted and stood up and shouted angrily: "Baga! Nagano, you bastard, are you crazy?!"
He straightened his suit which had just been messed up.
She smoothed down her hair which was a little messy due to the force.
Sit down.
Light up the cigarette and burn it.
Nagano Nao took a deep breath, waited until his breathing stabilized, and then said coldly: "Asashima-kun, are you teaching me how to do things?"
"Asshole! What's that tone of voice?" Cursing angrily, Asajima hurried to see Noyama's situation.
Nagano Nao just said coldly: "If Asajima-kun feels there is any problem, you can go to Sumitomo to check the situation. Please settle this matter as soon as possible, otherwise I can't protect you."
“.”
A moment.
Asajima Hanfu's blood froze.
The matter between Sumitomo and Ito Man has left not only the outside world confused, but also the banking and financial circles confused.
But now being reminded by Nagano Nao, Asajima suddenly understood a lot of things.
Four Sumitomo executives have been shot dead. The story behind this is definitely not as simple as it seems.
To put it bluntly, people die for money and birds die for food.
However, Ito Wan only has more than 1.2 trillion yen. If this matter is not handled properly, the consequences will be very terrible.
I don't know when the hairs on my back stood up.
Asajima Hanfu suddenly found that he had accidentally fallen into a meat grinder.
Damn it!
He had no time to take care of the wild mountains, and even his face was gone at this time.
Asajima hurriedly ran out of the meeting room. He had already made up his mind, but when he reached the door, he suddenly remembered the reminder just now.
Turn around.
bow!
After finishing the job, Asajima quickly strode out of the company.
Not long after.
A Mercedes appeared in Kizu Town and turned into an aisle. The mayor of Kizu Town, Minami Genshige, was smoking silently.
"President Asajima!" Nanyuan Shigeru came over quickly and greeted him. Things had reached such a dire situation that his only hope was to protect Japan.
However, Asajima Hanfu could not bring any hope. He said coldly: "The situation is too bad. Nanyuan Jun, you should think of other ways!"
"With such a big gap, what can we do?"
"Idiot, do you still need me to teach you? Wouldn't it be solved by asking those guys not to withdraw the money?"
yes!
Why didn’t I think of that!
"Yokosuke-kun, you also have shares in the company. Don't you want to think of a solution if things turn out this way? You don't want to attract the attention of the Financial Investigation Bureau and the District Prosecutors Office, do you? So go and persuade those people in the dead of night."
Ichiro Yokosu was originally a member of the Sumiyoshi United Society. After establishing the General Association, he followed Ichiro Koike and entered a different circle.
I originally thought that I could live a decent life from now on, but I didn't expect that I would have to go back to my old job.
It’s just like Nanyuan said.
If you don't want to offend the District Attorney's Office, your dog will have to bite people.
"Mrs. Nagano, I heard that your daughter is studying at Ochanomizu Girls' Junior High School. You don't want her to be bullied after school, do you?"
"So, if you don't need money urgently recently, please don't go to the bank first, okay?"
(End of this chapter)