Many girls with exposed clothes turned their attention to Li Zaian
Especially when he heard Bethelon's introduction that Li Zaian not only earned billions of dollars in the stock market, but also owned equity in the super-large oilfield.
These girls suddenly had their eyes wide open and wanted to jump on him immediately
Most fund customers look at Li Zaian and worship to God, as a slut who has been lingering in the stock market for many years.
Of course these people would not believe that Li Zaian was just predicting it. They only believed that Li Zaian had obtained inside information about Tupi Oilfield in advance
Now when these people think back, Li Zaian'an's project to operate the share price of Petrobras started a month ago
In other words, he must have known from that time that the existence of Tupi Oilfield is, how deep the fuck is this background?!
At least, this guy Li Zai'an should have a close interest relationship with the big guys of the BG Group. Otherwise, he would never know the insider information that had amazing profits.
In the villa, a black young man DJ was playing hard. The explosive disco music in the whole venue was deafening. The old men who were serious on weekdays were all hugging the woman's waists under the stimulation of alcohol and women, and twisting their bodies like demons dancing.
Li Zaian held up the champagne glass and responded to the customers who came up to greet him easily.
He was originally just a drug dealer and just needed to settle the police, but now he is doing business bigger and bigger, and he will inevitably have to deal with all kinds of monsters and monsters.
Teodulo Paulino, whose cheeks were red, was wandering beside the beauties and couldn't help themselves. At this moment, he was hugging two young and beautiful models, dancing the veneer dance very devotedly
There were several red lips on his cheeks left by unknown people, and he kept flirting with the flattering and pleasing girls around him, which caused these girls to scream and laugh professionally.
This Secretary of State tried to open an account at Pi Fund some time ago, but he didn't expect that Mr. Paul is such a capable expert
The one million US dollars invested in, I made several times more money in less than a month.
This is much faster than taking risks to embezzle and accept bribes, and it is very safe and completely legal income. You can go to the tax bureau to pay taxes openly, and you don’t have to worry about someone checking his account.
Teodul has decided to join Li Zai'an's small circle. This Paul not only has strong financial talent, but his Piyi fund has already owned billions of dollars, and there is also a super-large oil field under his name.
Teodulo thought in his mind that if he could get the support of Li Zaian and Coria, his development in politics would be more smooth in the future. Maybe in a few years he would have the opportunity to win the throne of governor...
Bang! The door of a room next to it was pushed open, and the untidy Betheron hugged a sexy actress in his arms and staggered out of the house. The two of them had just been in the air and rain.
Betheron took a bottle of ice beer from the bar, took out a psychedelic drug from his pocket and threw it into the bottle. He grumbled and grinned at Li Zaian and smiled: Hey, Paul, today the joint investigation team made a big move. They have begun to investigate the Federal Savings Bank of Brazil and took several bank executives away for questioning.
Oh, what is that guy Beth's reaction? He won't sit still, right? Li Zai'an took a bottle of ice beer handed over by the girl next to him and touched the bottle of wine with Bethelon.
Li Zaian smiled and took out his own cigarette box, popped it out and held it in his mouth. The girl immediately took out a lighter and helped him light it.
Li Zaian took a puff of cigarette, clinked glasses with the girl casually, then touched her buttocks, signaling her to leave first
Betheron also took out a cigar: There is my friend in the joint investigation team. I heard that during the meeting this afternoon, Bethes was extremely tough and said that anyone who dared to mess with him again would expose the bank's secretly doing VI business.
He wouldn't be crazy, right? If he really dares to do this, he will not be able to survive in the financial circle in the future. Li Zaian shook his head disapprovingly, but now he has no way out. If he doesn't fight to the death, he may not even be able to get through the hurdle in front of him, so there is no need to talk about the future.
Li Zaian thought for a while and said: His $20 billion in funds has been trapped in the stock market. Bess is now a big short dealer. He can't even run away. The only person with enough oil company stocks can help him get out of the trap - the only Brazilian government!
Bethelon nodded: I think so too. Letting the government sell stocks may be his only way to survive. After all, Petrobras is a state-owned super-large enterprise group. However, the oil company will definitely slaughter him hard this time. I'm afraid it's not as simple as damaging his muscles and crippling him directly!
Of course, Li Zaian, an insider in the financial industry, knows something like VIE.
It is a type of SPE, that is, a special purpose entity
And the so-called special purpose entity generally refers to a company
Simply put, VIE is a company that banks and other investment institutions temporarily established in order to perform a certain financial operation.
The reason why VIE companies are special is that when banks invest in and establish such companies, they will not really allocate much funds, but will pay their funds to a bond insurer, and the bond insurer will provide credit guarantees for a specific VI company.
The specific operations here are actually very complicated, but to put it bluntly, it is a tool for banks to avoid risks. To be more precise, it is a tool for making fake accounts
In Li Zaian's memory of his past life, Enron, the American company that went bankrupt in 2001 died when VIE exposed this incident
At the same time, it is precisely because of the bankruptcy of Enron and the disclosure of its inside story that people all over the world know for the first time that banks and other investment institutions are secretly working on VIE
Before VI was officially exposed, banks and investment companies in various countries would use VIE operation methods to operate projects that are undecided or have unclear future profits for projects that are not clear.
In this way, because the losses of such companies will not be directly included in the financial statements of the relevant banks, even if the losses are huge, they will not be reflected in the corresponding financial statements of the bank.
For banks and investment companies engaged in finance, the profitability of their financial reports is very important. It not only concerns the confidence of investors, but also the credibility rating of relevant rating agencies
Therefore, after the Enron Incident, although the U.S. Financial Accounting Standards Committee urgently issued a special FIN46 Act, requiring banks and investment institutions to include VI's loss situation in their financial reports, but what they really comply with the law is that none of a bank does not have
As a rebirth, Li Zaian is certainly very clear about how big the VI hole is. Even if it is the most conservative estimate, in Brazil in the 1990s, the losses concealed by more than a dozen large banks in China in VI project investment were likely to be as high as tens of billions of dollars in the amount of losses hidden in the investment in VI projects.
Ordinary people may not understand the true meaning of this number. It means that hundreds of billions of dollars of high-quality assets in the financial statements of various banks have instantly turned into inferior debts.
The simple conversion from high-quality assets to inferior debt means that hundreds of billions of dollars of bank assets have been instantly evaporated.
If Bass really exposed the VIE problem this time, then many problems that were hidden in the past will no longer be covered. It will not only be the bankruptcy of the Federal Savings Bank of Brazil, but also the entire Brazilian banking industry will be in trouble.
Since the Brazilian Federal Savings Bank is secretly engaged in the VII project, is there any Bradsco Bank doing it?
Did Safra Bank do it?
Where is Santander Bank?
Where is the Brazilian Development Bank?
Where is Itawu Bank?
……
If VIE is really investigated to the end, the entire Brazilian financial industry will have an earthquake!
It will have a huge impact on the national financial market, and at the same time it will also trigger operational crises for major banks, and ultimately lead to distrust of the banking industry by the people across the country.
There is no doubt that this is a huge pit, a bottomless abyss that can bury anyone alive. Whoever dares to intervene in will definitely be in trouble!
Because those who want to uncover this cover are not only enemies of the Federal Savings Bank of Brazil, nor are they enemies of several banks and investment companies, but are enemies of the financial industry of the entire country!
You are fighting against the Brazilian government! You are destroying the stability of the entire Brazil!
After all the matter, Li Zaian can be sure that the case cannot be investigated again, and in the end he can only do it.
Especially when he heard Bethelon's introduction that Li Zaian not only earned billions of dollars in the stock market, but also owned equity in the super-large oilfield.
These girls suddenly had their eyes wide open and wanted to jump on him immediately
Most fund customers look at Li Zaian and worship to God, as a slut who has been lingering in the stock market for many years.
Of course these people would not believe that Li Zaian was just predicting it. They only believed that Li Zaian had obtained inside information about Tupi Oilfield in advance
Now when these people think back, Li Zaian'an's project to operate the share price of Petrobras started a month ago
In other words, he must have known from that time that the existence of Tupi Oilfield is, how deep the fuck is this background?!
At least, this guy Li Zai'an should have a close interest relationship with the big guys of the BG Group. Otherwise, he would never know the insider information that had amazing profits.
In the villa, a black young man DJ was playing hard. The explosive disco music in the whole venue was deafening. The old men who were serious on weekdays were all hugging the woman's waists under the stimulation of alcohol and women, and twisting their bodies like demons dancing.
Li Zaian held up the champagne glass and responded to the customers who came up to greet him easily.
He was originally just a drug dealer and just needed to settle the police, but now he is doing business bigger and bigger, and he will inevitably have to deal with all kinds of monsters and monsters.
Teodulo Paulino, whose cheeks were red, was wandering beside the beauties and couldn't help themselves. At this moment, he was hugging two young and beautiful models, dancing the veneer dance very devotedly
There were several red lips on his cheeks left by unknown people, and he kept flirting with the flattering and pleasing girls around him, which caused these girls to scream and laugh professionally.
This Secretary of State tried to open an account at Pi Fund some time ago, but he didn't expect that Mr. Paul is such a capable expert
The one million US dollars invested in, I made several times more money in less than a month.
This is much faster than taking risks to embezzle and accept bribes, and it is very safe and completely legal income. You can go to the tax bureau to pay taxes openly, and you don’t have to worry about someone checking his account.
Teodul has decided to join Li Zai'an's small circle. This Paul not only has strong financial talent, but his Piyi fund has already owned billions of dollars, and there is also a super-large oil field under his name.
Teodulo thought in his mind that if he could get the support of Li Zaian and Coria, his development in politics would be more smooth in the future. Maybe in a few years he would have the opportunity to win the throne of governor...
Bang! The door of a room next to it was pushed open, and the untidy Betheron hugged a sexy actress in his arms and staggered out of the house. The two of them had just been in the air and rain.
Betheron took a bottle of ice beer from the bar, took out a psychedelic drug from his pocket and threw it into the bottle. He grumbled and grinned at Li Zaian and smiled: Hey, Paul, today the joint investigation team made a big move. They have begun to investigate the Federal Savings Bank of Brazil and took several bank executives away for questioning.
Oh, what is that guy Beth's reaction? He won't sit still, right? Li Zai'an took a bottle of ice beer handed over by the girl next to him and touched the bottle of wine with Bethelon.
Li Zaian smiled and took out his own cigarette box, popped it out and held it in his mouth. The girl immediately took out a lighter and helped him light it.
Li Zaian took a puff of cigarette, clinked glasses with the girl casually, then touched her buttocks, signaling her to leave first
Betheron also took out a cigar: There is my friend in the joint investigation team. I heard that during the meeting this afternoon, Bethes was extremely tough and said that anyone who dared to mess with him again would expose the bank's secretly doing VI business.
He wouldn't be crazy, right? If he really dares to do this, he will not be able to survive in the financial circle in the future. Li Zaian shook his head disapprovingly, but now he has no way out. If he doesn't fight to the death, he may not even be able to get through the hurdle in front of him, so there is no need to talk about the future.
Li Zaian thought for a while and said: His $20 billion in funds has been trapped in the stock market. Bess is now a big short dealer. He can't even run away. The only person with enough oil company stocks can help him get out of the trap - the only Brazilian government!
Bethelon nodded: I think so too. Letting the government sell stocks may be his only way to survive. After all, Petrobras is a state-owned super-large enterprise group. However, the oil company will definitely slaughter him hard this time. I'm afraid it's not as simple as damaging his muscles and crippling him directly!
Of course, Li Zaian, an insider in the financial industry, knows something like VIE.
It is a type of SPE, that is, a special purpose entity
And the so-called special purpose entity generally refers to a company
Simply put, VIE is a company that banks and other investment institutions temporarily established in order to perform a certain financial operation.
The reason why VIE companies are special is that when banks invest in and establish such companies, they will not really allocate much funds, but will pay their funds to a bond insurer, and the bond insurer will provide credit guarantees for a specific VI company.
The specific operations here are actually very complicated, but to put it bluntly, it is a tool for banks to avoid risks. To be more precise, it is a tool for making fake accounts
In Li Zaian's memory of his past life, Enron, the American company that went bankrupt in 2001 died when VIE exposed this incident
At the same time, it is precisely because of the bankruptcy of Enron and the disclosure of its inside story that people all over the world know for the first time that banks and other investment institutions are secretly working on VIE
Before VI was officially exposed, banks and investment companies in various countries would use VIE operation methods to operate projects that are undecided or have unclear future profits for projects that are not clear.
In this way, because the losses of such companies will not be directly included in the financial statements of the relevant banks, even if the losses are huge, they will not be reflected in the corresponding financial statements of the bank.
For banks and investment companies engaged in finance, the profitability of their financial reports is very important. It not only concerns the confidence of investors, but also the credibility rating of relevant rating agencies
Therefore, after the Enron Incident, although the U.S. Financial Accounting Standards Committee urgently issued a special FIN46 Act, requiring banks and investment institutions to include VI's loss situation in their financial reports, but what they really comply with the law is that none of a bank does not have
As a rebirth, Li Zaian is certainly very clear about how big the VI hole is. Even if it is the most conservative estimate, in Brazil in the 1990s, the losses concealed by more than a dozen large banks in China in VI project investment were likely to be as high as tens of billions of dollars in the amount of losses hidden in the investment in VI projects.
Ordinary people may not understand the true meaning of this number. It means that hundreds of billions of dollars of high-quality assets in the financial statements of various banks have instantly turned into inferior debts.
The simple conversion from high-quality assets to inferior debt means that hundreds of billions of dollars of bank assets have been instantly evaporated.
If Bass really exposed the VIE problem this time, then many problems that were hidden in the past will no longer be covered. It will not only be the bankruptcy of the Federal Savings Bank of Brazil, but also the entire Brazilian banking industry will be in trouble.
Since the Brazilian Federal Savings Bank is secretly engaged in the VII project, is there any Bradsco Bank doing it?
Did Safra Bank do it?
Where is Santander Bank?
Where is the Brazilian Development Bank?
Where is Itawu Bank?
……
If VIE is really investigated to the end, the entire Brazilian financial industry will have an earthquake!
It will have a huge impact on the national financial market, and at the same time it will also trigger operational crises for major banks, and ultimately lead to distrust of the banking industry by the people across the country.
There is no doubt that this is a huge pit, a bottomless abyss that can bury anyone alive. Whoever dares to intervene in will definitely be in trouble!
Because those who want to uncover this cover are not only enemies of the Federal Savings Bank of Brazil, nor are they enemies of several banks and investment companies, but are enemies of the financial industry of the entire country!
You are fighting against the Brazilian government! You are destroying the stability of the entire Brazil!
After all the matter, Li Zaian can be sure that the case cannot be investigated again, and in the end he can only do it.
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