"But if this continues, the entire market will collapse." The assistant said carefully.

"If you collapse, collapse. This is what we expected, and we have chosen the sacrifice of a bank as the price to calm Li Jin's anger, right?"

The president of Morgan Bank seemed to be smiling and had a very strange expression.

It's a bit gloating, and a bit complicated and inexplicable.

"I didn't expect that we would have to take out our victims to calm our enemies' anger."

The first thing that is to bear in the collapse of the secondary market is the Leiman Investment Bank, which has accumulated a large amount of assets in the secondary market and cannot escape because it is trapped at a high level.

Today's Leiman Investment Bank has long changed things.

It was no longer Doug, but Li Bancheng sitting in the chairman's office.

At this moment, Li Bancheng's expression was gloomy and he was listening to Li Kai's report.

"Dad, if the market continues like this, Leiman's net asset value will become lower and lower, while in contrast, our debt will become higher and higher."

"I have read the financial reports of investment banks. The entire investment bank has tens of billions of dollars in the secondary market and cannot be untied. This cost of capital accumulation alone is a huge burden!"

"What's even more exaggerating is that nearly one-quarter of the credit products were bought at the highest market prices. Now there is at least one year left before they expire, but their value has shrunk by as much as 70%.

"That is, these assets have caused us to lose more than $6 billion."

Li Kai became more and more frightened as he spoke. He gritted his teeth and continued: "Once these credit products were beaten by Li Jin and turned into waste paper, the debt of tens of billions of dollars alone would be enough to drag us down."

Li Bancheng said calmly: "I have transferred 20 billion Hong Kong dollars from Huang He Industrial. I will use this money to deliver Leiman's high-priced contracts in the secondary market, and then find a way to find other solutions."

Li Kai was stunned for a moment.

My family knows their own affairs.

In order to buy Leiman Investment Bank, the father and son have basically exhausted their assets.

And where did the 20 billion fall?

"Dad, you?"

Before Li Kai could finish his questions, Li Bancheng said, "I used the family's trust fund as collateral."

Li Kai's heart trembled and he said, "This is our last retreat."

"A Kai."

Li Bancheng looked up at his son and said seriously: "Many times, we cannot leave a way out for ourselves. Only by burning our boats can we find a chance to survive in desperate situations."

"Dad, what does this mean? We have reached this point?" Li Kai asked in panic.

Li Bancheng did not answer immediately, but took out a few documents from the drawer and threw them in front of Li Kai, saying, "You can take a look, you will know after reading it."

When Li Kai looked at the documents that looked ordinary, he suddenly had a premonition that something big was wrong.

Resisting the uneasiness inside, he picked up one of the copies and opened them to look.

“Florida Douglas Bank Bankruptcy Claim Application Form.”

“Arizona Angel Banking Bank Bankruptcy Claim Application Form.”

“Maine Saint Shield Bank Bankruptcy Claim Application Form.”

Li Kai's brains were almost boiling after bank bankruptcy claim application form.

"What the hell is going on!? These banks have agreed on time to go bankrupt together!"

Li Kai is not a fool either. It can be seen from the application date that these banks that had long been insolvent have been forced to endure it. After their father and son bought Leiman Investment Bank, they immediately filed for bankruptcy claims.

If this wasn't a trap, he wouldn't believe it.

"You can see it too."

Li Bancheng's tone still had no ups and downs or turbulences. He continued: "We may fall into a carefully designed trap."

"The amount of claims for these three banks alone is as high as US$74 million. Dad, if this continues, let alone Leiman, this insurance contract alone is enough to suck our blood!"
Chapter completed!