blackstone code

Chapter 1447 Wipe clean
While everyone was discussing, Lynch was chatting with a representative of Jinhui Bank.

"...So the head office will temporarily freeze all accounts that have funds flowing with the Duncan family, unless the owner of the account can provide proof that the account does not belong to the Duncan family."

"In addition, I heard that there is a large number of assets to be auctioned..."

The level of the joint development company is very high, and the representatives here are equivalent to the governor of a state bank outside.

It seems that they don't usually express any opinions, but in fact they play a very important role.

The flow of funds is a very troublesome thing in itself.

You deposit 100 yuan in the Federation, and then you go to Nagalil to withdraw the 100 yuan.

Is the money you withdraw the money you deposited in the Federation?

Obviously, but on the note itself it's a clear no, no one knows where you're going, not even the bank teller you're depositing money from.

It is impossible for her to know in advance that you are going to Nagalil, and then ask someone to send the 100 yuan to a bank in Nagalil for you to withdraw.

If you look at it from a higher point of view, it is a sure question.

Your money, always your money, as long as it's legal!

The role of the bank is actually to play the role of such a bridge for remote access, and its actual role is more important than this.

The wealth extracted from Nagalil can only be returned to the federal territory through the bank. According to the "Federal Financial Security Act", large amounts of cash entering the country must be declared in advance.

Then the national security department will trace the source of the large amount of cash declared. If there is no problem, the money will be required to be stored in a bank account open to the federal government.

This account will be regulated by relevant departments, which means that the federal government will be the first to know how you use the money.

You have to tell the federal government how you plan to use the money, otherwise you can't use it, because it involves the financial security of the federal government.

Since the Great Depression, the federal government has added many security bills in the financial field, with the purpose of restricting foreign funds from being used for domestic crimes.

Including but not limited to money laundering, sniping financial products, etc.

In addition to being used for various business operations, the capitalist's money is the most important thing is the transfer of benefits.

You can't tell federal government officials or bank commissioners that you're going to bribe a senator when they ask what you're going to transfer $10 for?
This is obviously impossible, so in the end, the money still has to go back to the country through the bank.

Obviously they all returned to China, and different methods have different effects. It is obviously the same thing, which is very surprising.

And this is actually a means catalyzed by capital, and it is also a safety consideration.

If nothing happens, the money is always within the bank's control.

Although banks promise customers that they will not disclose some information to the federal government, when some major financial crimes actually occur, they will never disclose some information to the federal government as they say.

There is no problem with the money in their hands. As long as they think there is a problem, they can freeze it anytime and anywhere!

So the question goes back to the beginning, is the money in the bank your money?

This is a question without a correct standard answer. When you use the money legally and reasonably, it is your money.

When you are illegal or unreasonable, or someone thinks you are illegal or unreasonable, it is not your money!
The six major banks have opened many branches in Nagalil, and Nagalilians are also willing to deposit money in foreigners' banks.

At least there has never been a sudden collapse of a foreigner’s bank and no money can be withdrawn. The major banks in Nagalil itself have basically either been acquired or have gone bankrupt, and it is difficult to see their traces.

The cooperative relationship between Jinhui and Lynch is relatively wide and deep, and both parties are very satisfied with each other.

The information disclosed by the representative this time is actually sending a goodwill signal to Lynch.

The members of the Duncan family were about to run away. If the federal government did not make a sound to stop them, then neither would the others.

They can't take too many things with them. The bank froze their accounts, and the local government froze their properties. At most, they took away some insignificant but expensive works of art, collectibles and the like.

And for those that can't be taken away, the federal government also has a way to deal with it, that is, to go through the bank's auction.

It's just that this kind of auction is more secretive than ordinary judicial auctions, and there are only a few people who may participate in the auction from the beginning.

Everyone has what they want, and they all get everything they want for a low starting bid.

Then the representative of Jinhui Bank pushed a pamphlet over.

"There are some contents here, if you are interested, you can take a look."

Lynch glanced at the booklet in hand, smiled and said thank you.

As soon as the representative of Jinhui Bank left, Mr. Wardrick shook his head slightly. He didn't say anything, but it was obvious that he wanted to say something.

Lynch glanced at him, and then looked at some manuals in his hand, most of which were introductions of various companies, such as which leading products these companies owned and how many patents they had.

How many employees do these companies have, what is the operating cost of each quarter, the financial reports for the last three years, and some real estate and asset introductions.

After the Duncan family leaves, there will be a large number of unattended businesses left behind. It is absolutely not for justice that the capitalists sided with the federal government so quickly.

What they want is these things, these cheap enterprises!
For the federal government, whether a company is worth 100 million or 1000 million, for the federal government itself, the only difference is that it pays more or less tax every year.

Some companies mention that they are huge, but they may not necessarily pay a lot of taxes. There are too many ways to avoid federal taxes, and someone will always find a loophole to take advantage of.

But for capitalists, the relationship here is much bigger.

If you can use 10 yuan to buy a factory worth 100 million yuan, and the factory still maintains a good profit rate, this is pure pie in the sky!

The federal government is also willing to do this. Anyway, it is not their own industry and they don't feel bad. On the contrary, they do need a lot of capital to pour into the vacuum after the Duncan family left.

Otherwise, a large number of workers will jump out and make trouble.

Compared with social stability, the federal government doesn't care about gains and losses that have nothing to do with itself.

Lynch flipped through them randomly, and found that they were all good factories. He didn't know if the manual in his hand was specially made.

The real estate value evaluation of each of these companies is written on it. In other words, as long as the money does not exceed the value of these real estates, they will definitely make money.

If you bought a company or factory and packaged it up for Bu Pain's jackals, they would definitely give you a good price.

Split, sale, bankruptcy, liquidation.

They are more familiar with a whole set of procedures than anyone else, even if it is not a very cost-effective factory, they can still bleed!
But Lynch didn't care much about these, and he also realized why Mr. Wardrick was shaking his head.

Standing up at this time, eating looks really ugly!
Some people are like Mr. Patu, as long as the interests are enough, he can do anything.

Some people are like Mr. Wardrick, although he is also a big capitalist who is also exploiting and oppressing, but he has a little bit of moral bottom line——
Most of the time, this so-called moral bottom line is not actually how noble the capitalists are, but that they have some kind of mental cleanliness!
How can capitalists not pursue profits?

Some people make money rolling in mud and some don't, that's the difference.

The discussion process wasn't too fast, but it wasn't too slow either. After about [-] minutes, each shareholder or representative made his own decision.

Basically all middle and lower shareholders have given up their rights to subscribe for the shares released by the Duncan family according to the current shareholding structure, and they are all voluntary.

So in the end, this part of the stock will only be distributed by a dozen major shareholders.

Banks don't have much demand for these shares, and they don't actually operate these industries. Don't look at the stocks they hold in many companies, and they don't directly intervene in daily operations.

Coupled with the special nature of the joint development company, these stocks are not so easy to get.

Take it, it's not so easy to enjoy.

Once the six major groups are gone, there will not be many people left.

Lynch looked at Mr. Patu, and after a brief exchange of eyes between the two, Mr. Patu looked away.

Mr. Warderick's eyes turned back and forth between the two faces for a moment, and the corners of his mouth curled up slightly.

Others are also communicating and communicating in some relatively secret ways.

In the end, Lynch got [-]% of the shares, let’s say it’s less... You have to see what kind of volume this [-]% is in!

100 for 350 yuan is [-], but [-] for [-] million is [-] million.

But you have to say more about it...

In fact, it was just like that, it could only be said to be a little more than what he could have gotten, but a little less than what he wanted.

The next agenda will continue, and all content related to the Duncan family will be eliminated bit by bit.

For example, the industries they left behind in Nagalil will also be redistributed within the company.

This time, the major shareholders didn't intervene. They took advantage of the company's shares, so they couldn't reach out to such small details. It was too ugly, and it would easily cause dissatisfaction among some middle and lower shareholders.

Through the way of on-site bidding, the Duncan family's property was taken into the hands of shareholders.

The entire meeting lasted all day, and all traces of the Duncan family's existence here were completely erased!

(End of this chapter)