Chapter 727

Mikhail's private plane slowly landed on the runway of Narita Airport in Japan, and then slowly drove to the private apron of Columbia bank in Narita Airport. Mikhail has not been to Japan for a long time. Since the Gorky group used the foreign exchange reserves of the Foreign Trade Bank of the Soviet Union to withdraw from Japan, the Gorky group has focused its business on the United States.

The reason why Mikhail revisited his hometown this time is not to visit, but to negotiate with the Japanese government on the debt issue. Since the financial fraud scandal of Xiwu group, the Japanese economy has experienced a series of blows. With the fall of Xiwu group, Japan's largest real estate company, a large number of bank loans have become bad debts, which caused a chain reaction of collapse and chopping in Japan's financial industry.

The collapse of Japan's top 10 bank, United Bank of Japan, followed by the biggest loss of Bank of Tokyo Mitsubishi since its establishment. The whole Japanese credit market is in a complete mess. At this time, a large number of politicians in Japan's Liberal Democratic Party, including Prime Minister Takeshita, were exposed to the likulut scandal, which put the financial industry's long-awaited emergency bank rescue bill on hold.

In this way, Japan's credit system was completely out of order, and the Japanese economy began to slide into the abyss. The Japanese stock market began to have a systematic slump. Every day, 90% of the stocks were held on the limit. What's more, the real estate industry, which has been driving Japan's economic growth, has also started to suffer from a large-scale default. Because of the bank's problems, the bank has tightened its loans. In this case, at the beginning, there was a big reduction in the price of the property, and then a batch of bamboo shoots were sold to the market. As long as the buyers were willing to bear the rest of the loan, the house could be given to the buyers, and later, even the bamboo shoots could not be sold. Many Japanese people with heavy loads abandoned their houses completely and even lost their homes.

For ordinary people in Japan, there are few people who are not caught up in this round of house price and stock price decline. At the beginning, many people looked at the real estate and stock markets, gritted their teeth and borrowed a lot of money from usury. But with the collapse of the stock market and the real estate market, not to mention the principal, they can't even pay the interest. Many of the male owners of Japanese families abandoned their wives and children and allowed them to be bullied by the underworld.

When it comes to triad society, they are also having a bad time. During the peak period of the bubble economy, a large number of Japanese gangsters began to get involved in the credit business. They used bank loans to set up financial companies. Started a usury business. But now even banks are having a hard time. No matter how powerful the underworld is, it's impossible to fight against the banks. The banks have all kinds of means to block the underworld. Therefore, when banks press debts from organizations like Yakuza, Yakuza can only press its own usury customers.

As long as the women who borrowed money are beautiful, Yakuza has ways to make them pay back. And if the man looks outstanding, there are easy ways to make money. As for other people who can't afford to pay back, Yakuza certainly has a way. Some people were forced to sell their organs, others were sold to Africa to engage in the meat business, but a large number of men were sold to the Soviet Union's ocean going fishing boats to engage in the fishing industry. I have to work hard for more than ten hours in humid and cold environment every day. If I die, my body will be thrown directly into the sea. And these men who owe a lot of debt in Japan have disappeared from the earth. This human tragedy is caused by Xie liaosha. However, Xie liaosha doesn't feel a little uneasy about his conscience. He is still planning to do the same thing again in Germany.

Mikhail came to discuss the debt issue with the Japanese banking industry and the Japanese government. The financial industry is a zero sum game and does not create any value. Gorky's profits from Japan are strictly lost by others. In fact, almost every big bank and the Japanese government in Japan owes huge debts to Gorky group in this financial catastrophe. It is impossible that this debt will not be paid. However, Japan's banking industry and the Japanese government still can't afford it, so we must find a solution.

In order to survive the cold winter. Japan's banking industry can only keep warm together. Bank of Tokyo Mitsubishi absorbed and merged the heavily indebted United Bank of Japan, and established a new United Bank of Tokyo Mitsubishi. Japan's Donghai bank absorbed assets from Toyo trust bank, Mitsuma bank and the original Donghai bank. In this context, new companies began to divest old companies of non-performing loans, liabilities, and bad bank debts. But it all needs the approval of international creditors.

Bonds are different from stocks. When the creditor's rights are due, the creditor has the priority to dispose of the enterprise assets. This kind of power makes the Bank of Columbia and Blackstone the great lords of Japanese banking.

Mikhail's meaning is very clear. He has a crush on Japan's largest bank, Tokyo Mitsubishi UFJ, and hopes to bring the core bank of this big Japanese consortium into the Golgi consortium. Why do you do this? Because Tokyo Mitsubishi UFJ Bank is the core bank of many old industrial enterprises in Japan, and the foundation of the Mitsubishi consortium is also the bank, which is the top level of the organizational structure of the Japanese consortium. Although Tokyo Mitsubishi UFJ Bank is in trouble, it still controls the controlling rights of Japanese first-class enterprises such as Mitsubishi Heavy Industries, Toyota, Honda, Panasonic, Sony, Nippon Steel and Kobayashi pharmaceutical. To buy it is to win the most valuable part of Japanese industry.

Now the Bank of Tokyo Mitsubishi UFJ has been unable to operate normally. Without Mikhail's consent, all the profits of the bank will be used to repay its debts. If it does, the Bank of Tokyo Mitsubishi UFJ may not even be able to pay its employees' salaries normally.

Mikhail's meaning is very clear, that is, it is possible to divest the debt, but Gorky group must take a stake in Tokyo Mitsubishi UFJ Bank. And as a single largest shareholder in Japan's largest bank. This time, Japan's conservative financial industry did not have the courage to refuse Mikhail's request. Just like those Japanese SMEs that have applied for loans from Tokyo's Mitsubishi UFJ Bank have no way to refuse them. As the top predator in the debt chain, Gorky can do whatever it wants.