Chapter 5040 Lin Feng's Promise

How will Lin Feng deal with the interests of depositors! This is the first problem facing Lin Feng. It is also the most concerned thing for everyone. Unless, he accepts the order in his personal name. However, if he wants to accept the order in his personal name, then Lin Feng must use the entire "Second Consortium" as collateral. If he really does this, then this may make the four major banks feel secretly happy, or even crazy.

Because the interests of the "Second Consortium" are well known. This is basically picking up money every day. Among them, the three most profitable companies are the "Second World", which is known as the cash cow, and the "Phantom Technology", which is the national mobile phone and may even become the world's mobile phone, and "Dingdang.com". These three companies have become the most profitable and most enviable money-making machines under Lin Feng.

If Lin Feng mortgages in his personal name, then the four major banks, or the forces behind them, will directly force the real estate industry to collapse, and let the batch of bad debt contracts in Lin Feng's hands completely become a pile of waste paper, and then wait for Lin Feng to take the "Second Consortium" as collateral.

Unfortunately, Lin Feng still chose "China United Commercial Bank" as the company to acquire this batch of contracts, rather than an individual. Of course, this is also what the four major banks expected. So, how does Lin Feng deal with the interests of all depositors?

How does Lin Feng do it? It's very simple. Lin Feng held a press conference.

"Our bank ('China United Commercial Bank') has just acquired all the loan contracts of real estate developers. According to the current situation of Chinese real estate companies, this batch of contracts may become bad debts and may become a pile of waste paper. And with our current cash flow, we cannot afford the loss of up to 15 trillion yuan in contracts!" Lin Feng's first sentence made his current situation clear.

All reporters were surprised. So. What else does Lin Feng plan to do?

"If all depositors now. I mean all depositors who have just transferred money to our bank recently. And use the money to buy the 'Fengshen Venture Capital Fund', you withdraw the money from your bank account, then our bank will face the embarrassment of not having enough cash to give you, and it is very likely to go bankrupt!" Lin Feng's second sentence was even more shocking.

What's going on with this? This is not like Lin Feng's style. Lin Feng has always been confident of victory. Why did he show weakness to the enemy today? Could it be that Lin Feng couldn't bear it? Before this, he was just pretending to be rich?

"I'm not trying to scare anyone, but it's the truth! Maybe many people will say, since I can't do it, why do I take so many contracts?" Lin Feng paused for a moment, then smiled coldly, "Because some people want to laugh at me, and I, Lin Feng, have nothing else but a proud character. As a person, you can have nothing. But you can't be without backbone. I said that we should lower the housing prices. We should let every Chinese family have a warm, comfortable and economical home belonging to their own small family. Since I said it, I must do it. And buying this batch of loan contracts is the fastest solution. After all, no one wants to really delay for three years before buying a house, right?"

All reporters held their breath.

No matter what the position of the media behind them is, these reporters have great respect for Lin Feng in their hearts. To be honest, as individual reporters, there may be some who don't like Lin Feng and hate Lin Feng, but they still admire what Lin Feng has done. Chinese people call Lin Feng the God of Wind. Some of them think it's a bit too much, but Lin Feng is indeed a hero, and there is absolutely no water mixed in this.

Lin Feng is the hero in the hearts of Chinese people. This time, they also think that those people are too despicable. It is too despicable to use Lin Feng's boasting and force Lin Feng to take this "poison pill contract".

"I hope to solve this housing problem this year, just recently. Let the housing price fall safely before the Olympics. So, I know that this is a trap, and I jumped into it. However, this must be unfair to all the depositors of "China United Commercial Bank" because I am taking risks with their funds!" Lin Feng said honestly, "So, here, I want to apologize to these people. Apologize to all the depositors of "China United Commercial Bank". Of course, an apology cannot solve any problem. An apology only represents my attitude. And I, Lin Feng, have never been the kind of person who tries to persuade people with attitude. I like to take practical actions to persuade people!"

Well said! Many reporters couldn't help applauding. Many companies will apologize immediately after something big happens to restore their public image. However, this kind of apology is just a formality. In fact, it does not improve the situation. Lin Feng's words are beautiful. Regardless of whether they are just beautiful words, they at least make people feel warm in their hearts.

"Dear depositors of China United Commercial Bank, I hope you will give me one year. In this year, I hope that the Fengshen Venture Capital Fund you purchased will not be cashed out, and wait for dividends after one year. This is what I hope you can do. In return, I promise that in the first year, just this first year, I promise to give each of you 15% profit return!" Lin Feng said loudly, "If you believe me, then don't cash out. Don't cash out within this year, and your gains will be 15% profit. I believe that there is no investment project with a higher return on investment than this. And all you have to do is to believe that I, Lin Feng, can solve all problems within one year. Let your funds return safely!"

All reporters looked at each other.

15% interest rate of return, this is too high. This is close to the interest of some cheaper loan sharks. 15%, this 10,000 yuan will become 11,500 yuan in a year. This interest rate of return is too high. I am afraid that no one will give up this profit! It's only one year. In terms of Lin Feng's reputation and prestige, as well as financial resources, I am afraid that all depositors will not seek to cash out within this year! After all, no one will go against money. And Lin Feng's reputation has always been very good. He has promised that he has not failed to do it.

This time, everyone believes that Lin Feng can still do it.

"That's all I want to say. If you believe in me, please support me. If you don't believe me, you can withdraw cash. I, Lin Feng, will never make any difficulties in personal withdrawals! I believe that this incident is just a small stone on the road to the rise of the Chinese nation!" After speaking, Lin Feng left.

All reporters did not ask Lin Feng anything. They were in a state of confusion at the moment. Lin Feng's words were so shocking.

"Believe me, support me? Will you support Fengshen?" On that day, almost all major media used this title as the front page headline, whether domestic or foreign. The whole world was speculating, this time, will Chinese depositors choose to support Lin Feng?

If they do, then Lin Feng has won a year to resolve the 15 trillion yuan worth of bad debt contracts in his hands. If they don't, then a run will form, and China United Commercial Bank will be in trouble. It is very likely that this bank, which was established less than a month ago and is most likely to challenge the status of the four major banks in China, will disappear. It will disintegrate into many small banks again.

So, this time, what choice will the Chinese people make?

At this moment, the Chinese people are also struggling. At present, some public opinions are saying that Lin Feng can't do it, and that Lin Feng is just a delaying tactic. It is very likely that because of this 15 trillion yuan contract, Lin Feng's "Fengshen Venture Capital Fund" will become a Ponzi scheme. After all, this money was used to offset the account, so what money would Lin Feng use to invest and make money? 15 trillion, according to the 15% return promised by Lin Feng, after that year, Lin Feng will give all depositors 2.25 trillion yuan in returns!

Originally, everyone believed that Lin Feng could do it, but now, this money has been given to the four major banks, so what money would Lin Feng use to invest? Without money to invest, this 2.25 trillion yuan will not fall from the sky!

Of course, some people choose to believe in Lin Feng. The reason is simple, because Lin Feng is the God of Wind! But obviously, at present, the investment community is not optimistic that Lin Feng can earn back 2.25 trillion in a year. At least without the principal, they are not optimistic.

And the people have also begun to make choices with their steps. Some people began to withdraw cash.

The first day!

"Mr. Lin, more than 100,000 people came to withdraw cash today, and a total of 5 billion yuan was withdrawn." The bank boss reported.

Lin Feng nodded. 500 million is not much. This is just the beginning. This amount of money is still within Lin Feng's tolerance. The real trouble is that he is afraid of a snowball effect. If his reputation, prestige, and credibility cannot convince these people, then things will be really troublesome.

This time, Lin Feng held a press conference, betting on his position in the hearts of the people. His reputation is enough to make them wait for a year. And within this year, Lin Feng is absolutely sure to solve these real estate developers and return housing prices to normal. As for the 2.25 trillion yuan in revenue, this amount of money is really nothing in Lin Feng's eyes. Converted into US dollars, it is only 320 billion US dollars. Although he does not have enough cash in his hands for this money, don't forget that the subprime mortgage crisis will inevitably break out this year. By then, Lin Feng can easily make several times more money.

Unfortunately, the people don't know. Moreover, they are also frightened by this huge number. 2.25 trillion is indeed a bit too much. And this number is not the final number. Because the money that the people deposit in the "China United Commercial Bank" is far more than 15 trillion! Now there are 18 trillion, and there may be even more in the future. According to conservative estimates, if ordinary people across the country save it, there will be a huge amount of 30 trillion yuan.

15% of 30 trillion yuan will be 4.5 trillion yuan, close to 720 billion US dollars! How did Lin Feng make this money? This is what the outside world really doubts! Maybe Lin Feng has money, but Lin Feng has not promised to use his own money to subsidize the "China United Commercial Bank". To be continued...

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