Chapter 1876

Seeing here, many people may feel dizzy.

Didn't Citibank borrow hundreds of billions of dollars?

This shows that Citibank also has at least $100 billion. How can the market value of the stock market be only $75 billion? It is absolutely impossible.

But this is true. There are a lot of similar examples in reality. For example, a company has 10 billion yuan in cash, but the market value of a shares is less than 8 billion yuan, and then it is directly acquired by others.

And apple once had $300 billion in cash, but its share price was just a little higher than that.

Of course, there are probably some shady reasons or other fishy things. Citibank doesn't exist at all. It's only worth $75 billion.

For example, if you check the market value of Citibank now, it is only more than 130 billion US dollars, but Citibank's cash business is as high as trillions of US dollars.

In fact, the whole banking industry is almost the same, because a basic common sense has been ignored, that is, no matter how much cash the bank has, these cash are deposits and depositors' money, which has nothing to do with the bank itself, and the bank is only managed.

Take Citibank for example. In 2008, the user savings and funds of various funds held by Citibank had exceeded US $100 billion.

However, after the announcement of Citibank's financial report, it was found that Citibank lost $1.263 billion in 2008, of which only more than $36 billion really belonged to Citibank.

Is the total market value of $75 billion still low?

Of course, before the outbreak of the financial crisis, the market value of Citibank also exceeded $100 billion, which is one of the top ten banks in the United States. However, after the outbreak of the financial crisis, the market value of Citibank plummeted with the whole stock market. When Citibank was exposed that more than $80 billion of loans were lent to general motors, When General Motors was unable to repay the loan, the total market value of Citibank plummeted to less than $60 billion.

It makes sense that if Daqian had not started to secretly acquire all the circulating shares of Citibank, Citibank's share price would not have been able to turn losses into profits and rise to $75 billion again.

At the beginning, the senior executives of Citibank were still a little happy, but when they reacted, it was too late, because 80% of Citibank's shares were in circulation, while Daqian had obtained 52.45% of Citibank's shares through various means and realized relative control over Citibank.

So just yesterday, representatives of Daqian group appeared at Citibank, forcibly held a shareholders' meeting, and then announced the appointment of Mr. Jia Yapeng as chairman and CEO of Citibank.

In this regard, all the senior executives of Citibank were stupid. For a moment, no one remembered to call fantexi. Otherwise, fantexi would go to Daqian to show off today. Instead, he should come to lick his master.

Unfortunately, van texi missed this opportunity forever. He got a dismissal letter personally issued by the chairman on the spot, and then van texi was directly dismissed.

As the chairman of Citibank, boss Jia immediately stopped the recovery of Daqian group's funds, saying that Daqian would pay back every year according to the plan. If there is no money, it doesn't matter.

Of course, Daqian can't let Citibank directly exempt its own loans, because it lent Daqian with the depositor's money, not Citibank's own money. If Citibank dares to exempt, the CBRC of the United States will ask you to talk next second.

But if Daqian can't pay back the money, Citibank gives a buffer period of three to five years without charging any interest between the buffer periods, which is a completely legal operation.

Soon the whole news spread all over the financial circle. This is what they heard in 2009. Boss Jia always hated those who washed Li Hongzhang. Li Hongzhang didn't have to be washed. He was a Chinese traitor who lost power and humiliated the country, but it was all bullshit. How bad could Li Hongzhang face at that time?

Anyway, the imperial capital is over, the Old Summer Palace has been burned, and the old witch is hiding in Xi'an. She doesn't dare to go back. At this time, if Li Hongzhang shakes his arm and the whole southeast half of the wall rises, the Qing Dynasty will be over, and China will start the Republic ahead of schedule, so she may have embarked on a new road.

The decay of the Qing court is true, but is Li Hongzhang clean when the Qing court decays?

He Li Hongzhang is no less greedy than anyone. In addition, if the Qing court rots, why don't you shake your arms and wave high!

Others said that these were commanded by the old witch behind her back. Li Hongzhang was just a cover for carrying the pot.

I believe this. There must be an old witch behind it. After all, for the old witch, it doesn't matter how much China loses. It's true that I can continue to dominate the Qing Dynasty.

But you Li Hongzhang is not a flag man. Even if you don't want to rebel, you can change jobs. After all, your Huai army is here. No matter what you do, the old witch has to coax you and never dare to turn against you.

Even if Li Hongzhang doesn't shake his arms and wave high, he doesn't take the initiative to provoke the powers. Li Hongzhang just needs to do nothing, that is, bite him to death and don't sign a contract, delaying him for a year or two. The conditions of this treaty can be reduced by at least ten times.

This is no joke, because these Western powers had exhausted all their strength at that time. They had no strength in the Far East, otherwise they didn't need to gather the strength of eight countries to do it.

In addition, even if they have laid down the whole of China, what can they do? Their power can't rule China at all, and China is not India, and it can't be ruled by them. If they stay in China for a long time, they will be dragged into the mire and can't extricate themselves. They will also pull a lot of local power, and they will be washed away by the Germans.

So at that time, the Eight Power Allied forces were not confident enough to swallow so many conditions. At that time, the officials in charge of the negotiations invited the parliament for credit, saying that their original plan was only 50 million taels of silver. As a result, because of his insistence and intimidation, they finally got an amazing 450 million taels of silver compensation, which was his credit.

It can be seen how stupid and frightened Li Hongzhang was at that time. He was completely a sinner of the nation and was not worth washing at all.

However, it is said that the title of pasting and mounting craftsman in the Qing Dynasty is worthy of the name. If Li Hongzhang does not sign the contract, the Qing Dynasty may indeed die early.

What a pity.