Chapter 485: Knight
Bad news came one after another. The President locked himself in the office. He now needs more help.
As the Executive President of the Liji Group, he also has many people he knows and relationships he knows, including senators.
This is Jinzhou, the core of federal politics. As long as the scale of a company reaches a certain height, it will inevitably come into contact with these people.
The transmission of interests will never stop. Politics and capital are like monsters that are hostile and integrated with each other. You have me, I have you. They can be enemies or relatives.
He stood in front of the window, holding the phone in his hand, and the other hand made huge movements, which could better express the changes in his inner emotions.
"I need some help. Now the media is too crazy. They don't care at all what price they have to pay for spreading rumors and splashing dirty water on us."
"I want to use your relationship..."
Before he finished speaking, the voice of that gentleman came from the receiver, interrupting his words.
"Okay!"
"Haven't you realized where the problem is yet?"
The senator's words made the President stunned for a moment. He then fell silent. "We are unwilling to pay four million."
He felt it was this, but the senator gave him a negative answer. "No, this is not the reason, you forgot this is Jinzhou."
"This is the core of the Federation, where countless wealth myths and financial miracles have been staged. You forgot these."
"Or rather, you think these have nothing to do with you?"
"Wake up, a miracle is happening. You understand what I mean!"
The President stood in front of the window and suddenly stood still. His gaze was on the streets of the city, on the high-rise buildings around.
New Jincheng is indeed very beautiful, very rich, and large in scale, but it is not as good as Jingang in one point.
That is, there are too many high-rise buildings here, so many that sometimes when people look up in the city center, they will feel suffocated!
Deep suffocation lingers around people, and there are high-speed forests blocking the sky everywhere.
Even on the high floors, there will be buildings taller than you. Here, you can't have the pleasure of seeing the whole city at a glance.
You can only see layers of "giant objects," blocking the line of sight, blocking the direction.
In fact, the Liji Group has encountered a "miracle," a cutting miracle!
Some small agricultural product companies suddenly filed a lawsuit against them, and then this behemoth was torn into pieces under the tearing of the "Anti-Monopoly Law."
They had to split themselves into several companies and let others buy shares. They were unwilling to do so and tried to resist.
They created another miracle. After being dismembered by the judiciary and those capitals, they still lived well.
So much so that he didn't realize that now the third "miracle" is happening to the Liji Group!
He said bitterly, "Someone wants to deal with us!"
The senator said "Hmm." This was only because he had received a lot of benefits from the Liji Group at ordinary times; otherwise, he wouldn't even want to say these things.
"I inquired a little, and those people in Cleveland might have something to do with this."
Everything will leave traces, especially this kind of thing that requires mobilizing a large amount of social resources and political resources, which will definitely leave obvious traces.
But why did no one jump out to blame them, or stop them?
Actually, the reason is very simple, because it is not worth doing so.
Most of the time, before doing this kind of thing, everyone will do a good investigation, figure out "if I do this, who will I offend," and after careful consideration, will decide whether to do it or not.
The senator who is talking to the President has been accepting the interest transmission of the Liji Group for many years, but the Liji Group is not the only enterprise that transmits interests to him.
There are many such enterprises in the Federation, including Bailide, including Nongda, and these competitors of the Liji Group.
Boman of the Bailide Group contacted him before and talked about this matter, and also mentioned that this is not a merger, but an equity adjustment for everyone's better development.
The benefits belonging to him will not be less than a penny, and the market will be more balanced.
Now that he can say these words to the President, it is already looking at the "cooperative relationship" of many years.
If it weren't for the fact that he might also have to retire, he wouldn't say these things at all.
Just like other members of the Agricultural Committee, they all know very well, but they pretend not to know.
The President's emotions were very low, and his voice became a little hoarse. "Is there no way at all?"
The senator didn't make a sound first, but he could imagine that the other party must be shaking his head at this time.
"If the method you are talking about refers to interfering through political power, then I can only say, it's very difficult."
"Those people in Cleveland now have an obvious upward trend, and..."
The voice in the receiver suddenly stopped, as if he didn't want to continue. "In short, it is unlikely that you hope I, or others, will provide you with help."
"You can think of ways to save yourself. No one will stop you. In fact, if you think about it carefully, isn't this the most common thing we see?"
"Because of a small problem, and then prying the change of a huge capital, this is the Federation, my friend!"
"I haven't been feeling well these days, don't call me again."
Subsequently, a busy tone came from the receiver, and then it ended.
The President lit a cigarette. His head was very itchy. He scratched it hard, and it hurt a little. Maybe the scalp was scratched.
He smoked, looked at the depressing scenery outside the window, and suddenly cursed a lot of dirty words with his neck stiff and face red.
Hundreds of thousands of hundreds of thousands are fed into his mouth every year. Now let him not call, and what makes people even more angry is that others don't even say it!
These people didn't have this face when they took the company's money!
But soon he became very dejected. Sometimes knowing the truth is not necessarily a good thing.
When he didn't know the truth, he still thought about changing the situation, but after knowing the truth, it seems that he has lost the motivation to change the situation.
After all, what he is facing is a group of monsters combined with politics and capital...
At this moment, for the first time, a feeling of annoyance and regret grew in his heart. If it weren't for earning more money from Lanse's order, there wouldn't be the following things.
If it weren't for them being unwilling to accept this extortion contract and directly and happily paying the four million, then... there wouldn't be subsequent things.
But there is never regret medicine in this world. Who could have imagined that an inconspicuous little character in Jingang would eventually pry such a great power?
For Lanse, it might just be a coincidence that some conditions were reached, but for the Liji Group, this is a disaster.
He must save himself!
He called the shareholders one by one, told them the bad situation now, and his ideas.
At first, those shareholders couldn't understand him and clamored to sell the stock, but when he explained the current situation, the shareholders finally fell silent.
Truth and facts are the things that can make people shut up!
Now everyone is singing down the Liji Group. The stocks in the hands of shareholders are either unsellable or the price is pressed very low.
Not to mention circulating shares, the entire trading market is selling more and buying less, otherwise how could the stock price keep falling?
More importantly, the Liji Group is not really not working. It is not that there is any problem in operation, but it is being targeted by joint efforts.
After slowing down, when people see its profitability and real financial situation, it will soon get better!
Speak with profits in the capital world, they are not afraid of this!
So the current situation is that they all know that the Liji Group has no problems, but the problem is that the attack is too fierce, and there is a threat that they cannot hold on.
Those who hurt them know better than they do how innocent they are this time!
But capital behavior is capital behavior, and will not discuss with you whether you are innocent. They will only talk about whether you have the profits, wealth, or other things they want.
The success of the Liji Group over the years has made the Board of Directors and senior management of the company very optimistic about the company's future prospects, and of course, the facts are indeed so.
At the same time, in order to ensure his position in the company, more than 60% of the President's assets have been exchanged for the company's stock.
Now the stock price plummeted, which is not only a disaster for the company, but also a disaster for him.
The Federation is a highly capitalized and financialized country. For the bottom-level people, the feeling is not very deep, but for the middle and upper levels of society, their feeling for these is particularly clear.
The simplest example, most of the President's net worth is company stock, and there are some real estate or other non-monetary assets, but he has the desire and impulse to consume.
The upper class is a high-consumption environment.
When everyone goes out in a car worth tens of thousands, you drive a car worth hundreds, and others will think that your finances have problems.
Most of the time, people buy luxury goods to wear and use, not for themselves, but to show others.
This is like a person who rides a bicycle to talk about business, and a person who drives a luxury car to talk about business. Their success rates are absolutely different.
So he will mortgage his assets to the bank in exchange for loans for normal consumption.
If there is no accident, then everything is fine.
Banks are willing to lend him money, not only to get stable interest, but also as a kind of human relationship.
Once there is an accident, in order to avoid risks, the bank will definitely want to find a way to recover the debt from him!
If he mortgages company stock, assuming that the stock originally worth ten million is now only worth three million, the bank urges him to pay back as soon as possible.
He sells all the stocks and it's not enough, and he has to sell other assets to fill the loopholes in this area. As long as the stock price is cut in half, he will go bankrupt!
If he mortgages assets such as real estate, then the bank takes away these assets, and in the end, he only has some worthless stocks left in his hands.
Biasedly, these stocks may be protected by the company's equity protection clause and cannot be sold to others at will, but can only be sold to people inside the company.
Even if all conditions for sale are met, who will take over?
So this is a very bad vicious circle.
The President also has quite a few loans in the bank personally. People's desires are endless. The Vice President was thinking about changing to a yacht with a loan some time ago, so will the President have already bought a yacht with a loan?
Everyone knows the importance of funds. Capitalists will tell you, try to borrow money when you can.
This is also why the middle class and some upper-class families in the Federation will soon go bankrupt once they lose their jobs.
So whether it is for the company or for himself, he must handle these troublesome things as soon as possible.
The person with the highest status among the independent investors looked at his embarrassed and sloppy appearance and always maintained a smile. "Can you represent the whole company?"
"Mr. President, we are not talking about a small business, just anyone can take out this money."
"You can't take it out. If the company side doesn't agree, we are willing to invest, and it doesn't make any sense."
The President swallowed a mouthful of saliva. "I have talked to the big shareholders before I came, and the Board of Directors has no problem. As long as you nod, we can sign the agreement tomorrow morning, in the name of the company."
Several independent investors discussed in a low voice and nodded. "Then see you tomorrow morning."
The next morning, in the company's conference room, the President, the Vice Chairman of the Board, and several big shareholders signed this gambling agreement together and disclosed it to the outside world selectively.
"Well-known private equity funds, well-known independent investors believe that the Liji Group's situation is not bad, they took out a considerable part of their own to save this stock, and also firmly believe that its future will be better..."
No one knows what the President and the Liji Group paid for this. People only know that the stock seems not to fall.
The small increase made everyone breathe a sigh of relief, including the President, who also breathed a sigh of relief.
He urged all departments to release the year-end financial report as soon as possible. He needed the financial report to show the company's situation to society.
They have no problems in operation, and they have exceeded this year's profit target. They are a high-quality company and a high-quality stock! ===== CHAPTER 486 =====
At the same time, to ensure his position in the company, the president has already converted over sixty percent of his assets into company stock.
Now that the stock price has plummeted, it is not just a disaster for the company, but also a disaster for him.
The Federation is a highly capitalized and financialized country; for the underclass, they might not feel it as deeply, but for the upper-middle class of society, their perception of these things is particularly clear.
A simple example: most of the president's net worth is in company stock, with a portion in real estate or other non-monetary assets, yet he still has the desire and impulse to consume.
High society is a high-consumption environment.
When everyone else goes out in cars worth tens of thousands, if you drive a car worth a few hundred, others will think you have financial problems.
Most of the time, people buy, wear, and use luxury goods not for themselves, but to be worn and used for others to see.
This is like a person riding a bicycle to negotiate business versus a person driving a luxury car to negotiate business; their success rates are definitely different.
So he will mortgage his assets to the bank in exchange for loans to conduct normal consumption.
If nothing unexpected happens, then everything is fine.
The bank is willing to lend him money not only to earn stable interest but also as a form of social reciprocity.
But once an accident happens, the bank will definitely find a way to recover the debt from him to avoid risk!
If he mortgaged company stock, assuming the stock originally worth ten million is now only worth three million, the bank will urge him to repay the loan as soon as possible.
Selling all the stock won't be enough; he will have to sell other assets to fill this gap, and as long as the stock price is cut in half, he will go bankrupt!
If he mortgaged assets like real estate, then after the bank seizes these assets, he will end up with only some worthless stock in his hands.
Unfortunately, these stocks may be protected by company equity protection clauses and cannot be sold to others at will; they can only be sold to people within the company.
Even if all conditions for sale are met, who would take them?
So this is a very terrible vicious cycle.
The president also has many personal loans at the bank; human desires are infinite. The vice president was thinking about taking out a loan to buy a yacht a while ago, so has the president already taken out a loan to buy a yacht?
Everyone knows the importance of capital; capitalists will tell you to borrow as much as possible when you can.
This is also why the middle class and some upper-class families in the Federation go bankrupt very quickly once they lose their jobs.
So whether for the company or for himself, he must handle these troublesome matters as soon as possible.
The most prominent among the independent investors looked at his disheveled and weary appearance while maintaining a smile, "Can you represent the entire company?"
"Mr. President, we are not talking about a small business that just anyone can pull this money out for."
"If you can't come up with it, and the company side doesn't agree, our willingness to invest has no meaning."
The president swallowed hard, "I have already talked to the major shareholders before coming here, and there are no issues with the board of directors. As long as you nod, we can sign the agreement tomorrow morning in the company's name."
Several independent investors discussed in low voices for a while, then nodded, "Then see you tomorrow morning."
The next morning, in the company's conference room, the president, the vice chairman of the board, and several major shareholders signed the gambling agreement together and selectively disclosed it to the public.
"Well-known private equity funds and well-known independent investors believe that the situation of the Liji Group is not bad. They have put up a considerable portion of their own funds to save this stock, and at the same time, they firmly believe that its future will be better..."
No one knows what the president and Liji Group paid for this; people only know that the stock seems to have stopped falling.
The small increase made everyone breathe a sigh of relief, including the president; he also breathed a sigh of relief.
He urged all departments to release the annual financial report as soon as possible; he needed the report to show the company's situation to society.
Their operations not only have no problems, but they also exceeded this year's profit targets; they are a high-quality company and also a high-quality stock!
End of Chapter
