Chapter 4024: Catching the Big Tiger
Gaddafi was passionate. Since cooperating with Lin Feng, Libya's military strength has been increasing day by day, allowing Gaddafi to sleep more and more peacefully. Moreover, Libya's cooperation with European countries is extremely smooth. Gaddafi uses oil, natural gas and other energy in exchange for various materials that are in short supply in Libya, which not only greatly enhances Libya's national strength, but also improves the livelihood of Libya, so that Gaddafi's support rate in the country has increased greatly.
Such a grand occasion gave Gaddafi the courage to face the United States in a few years. And Libya can have everything now, naturally relying entirely on Lin Feng's blessing. Gaddafi is naturally grateful to Lin Feng. As for Lin Feng's temporary debt problem this time, Gaddafi is naturally not a problem.
"30 billion US dollars, is it enough!" Gaddafi said generously.
Of course, the wealth of the entire Libya is not only 30 billion US dollars, but this person is selfish, not to mention that for a warlord, he knows what it means to have three burrows. Even if he has a close relationship with Lin Feng and there are many areas of cooperation between the two sides, he can't give all his wealth to Lin Feng. At present, the entire Libya, or the entire Gaddafi family, has about 50 billion US dollars in control, of which 10 billion US dollars is placed in the Swiss Bank, which is recognized as the safest bank. The rest of the money is placed in major banks around the world. He has established dozens of accounts to disperse the money to avoid being wiped out because of the hostility with the United States.
"President Gaddafi, I don't need to borrow money from you now, but I need you to do a small favor, that is, transfer 30 billion US dollars to my "Second Bank" account. What do you think?" Lin Feng said with a smile. "I have a little problem with the bank's turnover now, and I need some working capital. Therefore, I hope President Gaddafi can support me."
"Haha, support, I must support. Okay, I will transfer the money now. I feel relieved to put the money in the "Second Bank"!" Gaddafi immediately ordered several sons to deal with this matter. This is just to change the money to deposit in another bank, why would he not agree.
"By the way, Mr. Lin, do you really not need cash? I have so much cash here. It's just to put it in the bank, and I'm not in a hurry to use it." Gaddafi said with a little flattery. These funds are emergency reserves, which are used to trade with Western countries in case of war. They are usually kept in the bank and are not moved. Therefore, it doesn't matter which bank they are kept in. If I keep them with Lin Feng, I can earn some favors, so why not?
"Haha. President Gaddafi, thank you for your kindness. But for now, it is enough to keep them in the "Second Bank." Lin Feng said with thanks.
Soon, 30 billion US dollars arrived, and Gaddafi's name was added to the account of the "Second Bank". The arrival of this 30 billion US dollars undoubtedly greatly alleviated the cash crisis of the "Second Bank". President Pete finally breathed a sigh of relief. He began to order the credit department to approve all loans to purchase the "Constellation Car" one after another. Of course, Pete was somewhat concerned about the fact that the owner of this account was Gaddafi. After all, Libya was still a country that supported terrorism before, and it was not long after it was removed from the list by the United States.
The bank has such a guest. Is it a good thing or a bad thing, Pete can't say.
Under normal circumstances. Pete would definitely refuse. But since the bank is short of money now, it doesn't care about these. As the old saying goes, whoever gives you milk is your mother. It's the same for banks. Whoever deposits money is the boss.
Soon, all the loans were approved, and the money also flowed into the account of Chrysler through these car dealers.
"1.5 million Constellation cars have been sold short, but the Second Bank still has money!" The news sent back by major car dealers shocked the car companies in Japan and South Korea. They were originally prepared to directly crush the Second Bank, leaving it with no funds to lend, and making its promise of low-interest loans to buy Constellation cars a joke, not only to vent their anger, but also to create opportunities for Kandi to attack Lin Feng. Who knew that the Second Bank could carry it so easily.
"Do you know where the money of the Second Bank comes from?" Toyoda Akio looked gloomy.
"It is said that it comes from Gaddafi in Libya. Gaddafi transferred 30 billion US dollars from European banks to the Second Bank." Honda boss Honda Hirotoshi said angrily. Originally, the 'Second Bank' had no money, but who would have thought that Gaddafi's 30 billion US dollars in cash would save Lin Feng. Otherwise, the 'Second Bank' would have been finished.
"Keep shipping, let those car dealers continue to sell Constellation cars, sell as many as possible!" Toyoda Akio roared.
He didn't believe that so many car companies from their two countries would not be able to fight against Lin Feng. What's more, there is Kandi behind this. This is three countries, more than a dozen car companies united to deal with Lin Feng. If they still fail, then they will be ashamed to see people.
Soon, another 1 million orders came. Japanese and Korean car companies are selling cars with the 'short selling' method in the financial industry, allowing these car dealers who are directly controlled or influenced by them to fabricate a group of customers, buy a large number of 'Constellation cars', and then find the 'Second Bank' for full loans, and then deliver the loan part, that is, the payables before the commitment, to 'Chrysler', and the rest are all intercepted in their own hands. According to the agreement, the remaining money will be paid to Chrysler only after all Chrysler cars arrive, are inspected and handed over to the car owners.
But what if the Second Bank collapsed during this period? Then they will return the purchased cars to Chrysler on the grounds that Second Bank defaulted, and then go to Chrysler to collect the previously paid car payment. Then let the people on the list disappear without a trace, and then wait for a period of time. After the 'Second Bank' is completely bankrupt, they can make a lot of money and live their lives happily.
Of course, if the ‘Second Bank’ does not collapse, but instead suspends loan disbursements. And this is also a scene that Japanese and Korean car companies want to see. Once this happens, the agreement reached between Chrysler and Second Bank will become a complete joke, which will directly affect the sales of Constellation cars and the rise of Chrysler. This is naturally a good thing for many car manufacturers. At the same time, it will also have an impact on Lin Feng's credit rating. After all, Lin Feng had promised this before, but in the end, Lin Feng was the first to break his promise.
Another loan application for a million-car order came in, which almost made Pete, the president of Second Bank, scold him directly. Although it is natural that the more this kind of credit, the better, but there is no such thing as applying for a 10-year loan. This is too cheating. This 1 million vehicles is another US$24 billion. Where does this 'Second Bank' get so much money?
Terminate the loan! The loan must be terminated! Pete practically roared in the office. However, he also knew that this matter was not only related to Second Bank, but also to Chrysler, and he had no right to unilaterally terminate the loan.
"Another 1 million cars!" Lin Feng frowned. Where did this Chrysler come from with so many cars? This was just a joke.
"Boss, are you terminating the loan? There must be something wrong with this matter. I suspect someone is deliberately borrowing Chrysler to drain our deposits and cause us to cause a run!" Seeing Lin Feng's hesitation, Peter immediately suggested.
"No! Continue to issue loans! I will take care of the funds, but I want to see who is causing trouble for me!" Lin Feng snorted coldly.
Continue to issue loans? Pete was stunned, where did this money come from? It's not easy to get so many deposits in such a short period of time. But Lin Feng agreed, so naturally he had no choice but to execute it.
"Grant loans, continue to grant loans!" Pete whispered, "But I will review the qualifications of those applicants more strictly. If there are any who do not meet the regulations, their loan qualifications will be canceled immediately!"
However, although Peter made it more difficult to get a loan, not many people actually refused. After all, most applicants are qualified, at least judging from the written submissions, they are absolutely qualified. Now we can only wait for Lin Feng to raise borrowed funds. But what Pete is worried about is that even if the current predicament is solved, what if there is another wave of orders? What to do?
"Boss, this is the personal information of more than a hundred Constellation car dealers. They adopt a full-price pre-sale model. After getting the prototype car, they started pre-sales. They also announced that as long as the car owners who order the car are all With an additional payment or loan, you can get a car beauty service worth US$500." Lin Chiling frowned and said, "Currently, the information we have obtained shows that these car manufacturers have pre-sold a total of 2 million Constellation cars, all of which are in stock. Pre-sale under the circumstances.”
"Don't you pay the deposit first and then pay the full price when you pick up the car?" Lin Feng asked.
"This is the case under normal circumstances, but you can also pay the full price first and wait for a period of time to pick up the car. This is mutually negotiated by both parties. However, usually car owners are not willing to pay the full price first and then pick up the car after a period of time. This is equivalent to taking the risk It's all your responsibility." Lin Chiling groaned, "But this time they all paid like this. There must be something wrong with it. We can get the information of these car loan owners from the 'Second Bank' and verify it. Buy a car, then we can sue these car dealers for fraud!”
Lin Feng smiled and waved his hands, not in a hurry, not in a hurry.
"These car dealers are just scapegoats. What we want to catch is the big tiger behind!" Lin Feng said coldly, "My 'Second Bank' is now registered in the Hong Kong government of China. Get it for me in China." Come!"
Lin Feng's eyes flashed coldly. To be continued. If you like this work, you are welcome to come to Qidian to vote for recommendations and monthly votes. Your support is my biggest motivation. Mobile phone users please go to m. to read.
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