Rebirth of Xiangjiang: Across the World

Chapter 339 Business Ghosts
The affairs in Tokyo are basically handled, and the next step is to silently purchase international crude oil contracts, and then wait for Iraq to invade Kuwait, and the oil price will skyrocket.

The international crude oil market is very large, second only to London Gold, with a daily turnover of more than [-] billion U.S. dollars, or billions of U.S. dollars. As long as the purchase is made in batches and small quantities, it will basically not cause any fluctuations in the market.

That night, Zheng Yaoyang stayed overnight in his apartment in Ginza, enjoying the joy of combining East and West.

Rinako Nishino and Lisa are not like the fake plastic sisterhood between Li Jiaxin and Gigi Lai.

The two are truly dependent on each other, eating and sleeping together, even if Zheng Yaoyang is not around, they often exchange new ways of playing together.

When Zheng Yaoyang played with them, he sometimes felt that he was superfluous, but also because of this superfluity, he felt a different kind of excitement.

At noon the next day, Zheng Yaoyang bid farewell to Akina Nakamori at the airport and set off for New York. It has been more than three months since the NYSE issued Nikkei short-selling bonds.

Relying on the blindly confident Japanese and international speculators, Wall Street institutions have made a lot of money.

Wade called to inform that the original 2000 billion handicap has now risen to more than 125 billion, an increase of [-]%.

This also shows that Zheng Yao has made a profit of 18 billion U.S. dollars from the 22.5 billion U.S. dollars invested by Yang Yang.

Zheng Yaoyang replied that when it was time for them to cash out and leave, he asked Wade to find someone to take over. He was here this time to deal with this matter.

Next, the Nikkei index will continue to fall, and even fell to the lowest point during the Gulf War, once falling below 40 points, a drop of [-]%.

After all, in the current period, Japan is the world's largest oil importer after the United States. The domestic economy is down, and international oil prices have risen again, which can be called internal and external troubles.

There is still room for the Nikkei to go down, but compared with the rising profits of oil, this is a small profit.

For Fujitsu, Zheng Yaoyang paid 9.5 million U.S. dollars successively, and Rogers managed the remaining 11.2 billion U.S. dollars.

Almost all the profits in the past half year have been consumed, and the funds used are still temporarily embezzled from Jingfangli.

Because Fujitsu's shares have been transferred to Zheng Yaoyang's newly established company through special means.

Holding 43% of Fujitsu shares cost a total of 9.5 million US dollars, all of which are Zheng Yaoyang's liabilities.

The position will be closed when the contract expires next year, and Zheng Yaoyang must make up for the shortfall before then.

In the early morning of another day, the plane arrived at the International Airport in Queens, New York.

After this time, Zheng Yaoyang should not come to New York again in a short time.

The main journey is too time-consuming, as long as more than ten hours of flying time, and his range of activities is only compressed in a long space of [-] square meters.

Most of the day was wasted in vain, which always made him feel like wasting his time.

Mahjong is also boring. The stewardesses are all playing water, and the main thing is to throw themselves into the arms.

Wade came to the airport to pick him up,

Inform the progress of finding the next buyer.

The Japanese economy continues to decline, and many institutions are very willing to take over. However, if the funds are to be transferred smoothly, they need to pay a tax of 12.5% ​​of the total funds.

Their $40.5 billion bond requires a $5.06 million protection fee.

"Is there any way to avoid it?"

Zheng Yaoyang frowned, unwilling to pay so much tax, because out of the [-] million tax, at least [-] million belonged to their company's management fee.

Wade was also a very good asset manager on Wall Street at the beginning, and immediately proposed a way to set up a charitable fund, which could reduce the tax rate to 5.5%.

The well-known rich men in the United States have more or less charitable funds under their names, and their only purpose is to avoid taxes.

However, there is a disadvantage in doing so. The money cannot be used on a large scale within the next six months, otherwise it will be investigated by the IRS.

Hearing the IRS, Zheng Yaoyang also felt a headache, he couldn't have his cake and eat it at the same time: "Let's pay taxes on all funds through formal channels."

As we all know, the United States is a big tax country. There is a very famous American joke that the IRS will teach people who the FBI and CIA can't handle.

Regardless of drug dealers, arms dealers, or even Wall Street financial institutions, the IRS focuses on the equality of all beings.

IRS is the abbreviation of the Federal Taxation Service, and once they are targeted by them, they will not die.

It is now May, and there are still more than two months before the Gulf War will start. He can't wait for half a year.

Wade opened his eyes wide, "All funds?"

Zheng Yaoyang also felt pain in the flesh, gritted his teeth and said, "It's all the funds!"

The latest price of oil is US$11.2 per barrel. Once it rises to US$43, there will be nearly four times the income.

As long as they sell before $43, the bottom line is guaranteed to be more than three times the profit.

In contrast, the tax rate difference of only 5% is not worth mentioning at all.

Zheng Yaoyang could only comfort himself in his heart.

If tax evasion is discovered, all funds in the bank will be frozen, which is undoubtedly a waste of watermelon and sesame seeds.

Wade joked with a smile: "BOSS, they will regard you as a god."

He realized in an instant that Zheng Yaoyang should make a big move next, otherwise it would be impossible to pay an extra tax of 2.02 million US dollars for no reason.

"How much money can God make?"

Zheng Yaoyang smiled, and he will be busy with this matter for the next few days.

It's just that when the news got out, not only was he not regarded as a god, but he became a rich fool.

To set up charitable funds and conduct reasonable and legal tax avoidance, this is what all the rich in the United States do.

Zheng Yaoyang paid $2.02 million more in taxes for no reason, if not a fool, then what is it.

But because of this, he received many invitations from charities, environmental protection, animal protection, and even celebrities and dignitaries.

It's nothing more than to see if his head is not working and see if he can get some funding or political donations.

Zheng Yaoyang didn't want to talk to him, but among the invitations, he found a very interesting organizer.

The organizer, Lang Pu Group, and the founder Tang De, the bank established by him, initiated a rescue fund of 6500 million US dollars.

The fund rescue is mainly to rescue the Taj Mahal casino in New Jersey, which is on the verge of bankruptcy.

It was built at a cost of 35 billion U.S. dollars. When it was completed, it was known as the eighth wonder of the world.

The invitation letter is full of praise, as if missing this opportunity, the inviter will regret it for the rest of his life.

Wade found that Zheng Yaoyang was interested, and said with a smile: "The casino will go bankrupt, isn't it funny?"

Zheng Yaoyang smiled and said: "The bankruptcy of the casino is indeed an anecdote, but I am more interested in him."

"Tang De? A famous fool in New York."

"I'm an idiot too." Zheng Yaoyang asked back.

Wade was at a loss for words and didn't know how to answer, so he could only ask: "Boss, are you planning to participate?"

"Have the idea."

Zheng Yaoyang nodded, and he really wanted to meet Xitian Wang, a real business genius.

The bankruptcy of the casino is indeed an anecdote, but also because of this bankruptcy, he found a loophole in the law, and there were five subsequent bankruptcies.

There is a loophole in the bankruptcy law of the United States, but it is not actually a loophole. Perhaps it would be more appropriate to call it a humanitarian business policy.

It is to allow companies that file for bankruptcy to continue doing business under the framework of bankruptcy protection after formulating a series of repayment plans.

Creditors are also worried about the bankruptcy of the company. All the funds they have invested in the past will be in vain, so they will compromise and deduct part of the funds.

Tang De made the most of this, and reached a compromise with the creditors so that his actual debts could be forgiven.

The debt was forgiven, but the assets did not decrease. Once he tasted the dessert, he started to operate.

Let the subsidiary companies go bankrupt and reorganize again, and by exploiting creditors, let them reduce their debts, thereby indirectly increasing their fixed assets.

And the company's fixed assets have risen, and it can borrow more from the bank and continue to invest.

Although the debt ratio is high, the debt of the enterprise is not the debt of the individual.

It's hard not to admit that he is a business genius because he used bankruptcy and reorganization as leverage.

Thinking of this, Zheng Yaoyang couldn't help laughing.

Wade didn't understand why, so he replied: "Boss, then let me help you answer them?"

Zheng Yaoyang chuckled and said, "No, I'll just go there when the time comes."

(End of this chapter)