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Chapter 1762 The Wolf of Wall Street (Thanks to the Emperor's Silver Alliance)

Although storing money in a bank will depreciate due to inflation, it means that there will be no loss of too much if the interest paid by the bank to depositors.

Even if the bank goes bankrupt, the state insurance agency will be responsible for paying the depositors the losses, and there is almost no risk of substantial losses. The same is true for government bonds, which use the country's credibility to borrow money from people and pay interest slightly higher than the bank's savings income.

However, in order to get more money, some people are not willing to deposit their wealth in the bank, which has led to a large number of financial management industries. Because fund management companies generally adopt diversified investment, the risks in them are much lower than stocks and higher than bank deposits, which are very popular among investors.

Bernard Madoff Fund Management Company is also a fund investment company in name, but the former chairman of Nasdaq, the old Jew, did not really use assets for investment, and the investment amount was only about two billion US dollars. This was to deal with the Federal Tax Administration.

Wealth will naturally not appear out of thin air. As interest is being paid to other investors, the assets stored by users in him have actually been decreasing. Madoff and his family live in luxury houses and cars every day because of holding a large amount of assets.

Before Han Xuan arranged for someone to report him anonymously, his net worth was as high as $2 billion. He was also a well-known investment tycoon on Wall Street. He was highly respected by people, but now he has become a stinky shit that everyone shouts and beats.

Even the family members were restricted from leaving the country and could not even leave their homes in New York. All assets were frozen. Everything had to be discussed after the investigation was over. Judging from the current situation, if no one was willing to help, this "Wolf of Wall Street" would have fallen.

The title of "Wolf of Wall Street" was considered to be the wrong person in the past, but he could deceive so many investments. Mr. Madoff is indeed legendary. People now think about it. The reason why he became the chairman of the Nasdaq Stock Exchange was mostly because he was afraid of being investigated by the government, and it was also to increase his reputation and deceive more investments.

Recently, reports about Bernard Madoff are overwhelming. The reporters later realized that they analyzed his usual behavior. Unfortunately, the person who was deceived has been deceived. At this moment, standing in front of Han Xuan, Masaichi Fujiwara, whose face turned blue and white, is one of the many victims, and the amount of the fraud is not small, 70 to 80 million US dollars, which is enough for ordinary people to live a life of leisure and happiness.

The Swiss bank that puts the money in Bernard Madoff Fund is a bad thing this time, because the use of funds does not comply with regulations, and the insurance company may refuse to compensate or only a small part of it, which means that depositors may not even get the capital back.

It mainly depends on how much money Bernard Madoff Fund can pay them back, and also on the bank's assets. It will not be impossible to get a penny. The Swiss government will not allow domestic banking industry to appear stains. In order to restore its reputation, it is likely to pay for the losses of those customers.

Unlike many people's perceptions, the state-owned banks in China in this era did not have the rules of bankruptcy, which means that the money of depositors can be guaranteed.

However, since a large number of state-owned banks were reorganized, coupled with private enterprises and foreign capital, they entered the China Banking Industry, China's banks may also go bankrupt.

The state only guarantees part of the money, and the amount is uniformly 500,000 yuan, which means that after this regulation is officially implemented, users will pay full compensation for deposits of less than 500,000 yuan, and if deposits of more than 500,000 yuan, they will not be able to receive full compensation, and the insurance company will not bear the excess losses.

The part above 500,000 yuan depends mainly on the bank's liquidation situation. If you are lucky, you can have some money. If you are not lucky, you will not have any money. Therefore, it is best to deposit the assets in several banks separately to avoid possible losses. The situation of large banks is fine, but small private banks may not be necessary.

I felt that what I said just now seemed a bit like gloating. Han Xuan continued to add: "I understand the situation a little bit. If you look at the recent American newspapers, you can get a rough idea.

As far as I know, Madoff's fund management company currently has about $7.3 billion in assets, plus some other personal assets, the total amount should be around $8.5 billion.

According to the current investigation, a large part of the funds have been transferred, the amount is about 2 billion US dollars. After a period of time, accurate numbers will be drawn. The government is interrogating Madoff's whereabouts of that part of the funds. He has no intention of speaking, but I believe that as long as he still cares about the safety of his and his family's lives, he should tell the specific situation of the assets.

After all, I owe others a lot of money, and some people deposit all their assets in his fund management company. Several of them are old friends who have been with him for decades. No one knows what these people will do if they are forced to do.

You can definitely get some of the money back, and it is unlikely to get it all back. About two-thirds is not a problem. I estimate that it is likely to only calculate based on the original assets of $60 million, because the returns are illegal and the returns should not be included."

"I'm already satisfied if I can get the capital back, thank you."

That's right, but suddenly tens of millions of dollars were missing, coupled with the possible returns from investment elsewhere, as well as currency depreciation, etc., the losses were enough to make Mr. Fujiwara Masaichi so distressed that he wanted to jump up. At this moment, he muttered: "I regret it, I really regret it."

When my deposit expired last year, I should have taken back all the money and invested it in the stock market in the United States.

But the stock price at that time was already very high in my opinion. Who would have thought that this year it suddenly rose to such a high level, even if it encountered the Internet bubble crisis, as long as it takes action in time, it can make a lot of money.

Those are the rewards I received for thirty-seven years of work, and I have worked hard to invest in it after work. You will never understand how much effort I have put in for this money.

Alas, it's okay, it's fine, thank you again."

After saying that, he bowed to Han Xuan. This was the Japanese etiquette. Han Xuan smiled and helped him up with his hands. His heart moved at this moment and told Fujiwara Masaichi: "I know the prosecutor in charge of the investigation. Maybe I can help you and get a little more.

It is unlikely to get more money, but you can get compensation from real estate in the United States or some high-quality companies when you compensate. Although they are equal to money, they are actually much better than money."

It is of course good to reduce losses, but Masaichi Fujiwara has been managing a company for so long that he never believed that free pies would fall from the sky. After being silent for a while, he asked, "Of course it's great...what do I need me to do for you?"

"It's just a little bit of a favor. I want to ask you to help convince other shareholders of Time Warner Group to authorize the stock voting rights to me or transfer the shares to me based on a market value of $100 billion.

This is not a difficult task for you. You Itochu Corporation has a lot of influence in Time Warner Group. Those swaying people will listen to you."

The other party was direct, and Han Xuan did not hide his head and tail, and he calmly expressed his thoughts. Fat Ding was anxious to go to the Warner Bros. Production Factory to play. He was holding his legs and acting coquettishly. He was harassed so much that he could not help. He lowered his head and kicked it and said, "Go to the convenience store to buy hot dogs first, I'll treat you."

...There was a sudden calm. Fat Ding Fei had a bright smile on her face. She ran to Anya and asked her to take her there. After seeing several animals that were accidentally killed by a car, it was unwilling to cross the road alone.

After hearing Han Xuan's words, Mr. Fujiwara Masaichi was obviously relieved, and a smile appeared on his face again. He no longer mentioned his compensation, but just told: "Since we have decided to cooperate in the operation of Time Warner Group, helping you stabilize the internal order of the company is what we should do.

Now, the chairman of the board of directors, Case, seems to be no longer necessary to stay in the company. I will come forward to help you get 8.1% of the shares he holds. At that time, Case was the major shareholder of Times Group. After the merger, he received so many new company shares and was elected as chairman of the board of directors of Times Warner Group.

Due to his mean personality, his popularity is not good. In addition, this company's decision-making mistake caused a sharp drop in the stock price. There will definitely be many people who choose to support you.

He is already quite old and not in good health. If we come forward, we may be willing to sell our shares to us this time. You have already handled the affairs of the Democratic Party. Mr. Case has no chance of winning and should wisely choose to give up. No matter what, the Time Warner Group will not have the right to speak in the future.

It is said that your relationship with him is not good, so it is more appropriate for us to come forward and resell it to you later. What do you think?"

According to what Fujiwara Masaichi learned, the Democratic Party Whip of the United States only met him once and changed his position to support Han Xuan. They also hurriedly sent Fujiwara Masaichi, who happened to be in the United States, to deal with the matter of communicating with Han Xuan.

The energy behind it is so great that Masaichi Fujiwara feels terrible. The names of the company that shorted Time Warner Group this time are definitely not something that Itochu Commercial Co., Ltd. can fight against.

Even if the old man from the Han family came forward, it would be enough for Itochu Commercial Co., Ltd. to lose money. Although the two companies did not have much trade deal, the old man knew many people, especially in the United States. If they use some tricks at will, their company would be in a mess.

Therefore, their new president, Uichiro Niha, decided to change his position and cooperate with Han Xuan while ensuring that he would continue to have a say. The Japanese side discussed this for several days before letting Deputy President Masaichi Fujiwara come from New York to find him.

The answer was enough to satisfy Han Xuan and said with a smile: "Happy cooperation, the new century is coming, and I believe that Time Warner Group will definitely achieve better development."
Chapter completed!
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