The affairs in Tokyo have basically been dealt with, and all that is left to do is to silently purchase international crude oil contracts, and then wait for Iraq to invade Kuwait and oil prices to skyrocket.
The market for international crude oil is very large, second only to London Gold. The daily flow amount exceeds 100 billion US dollars or over 1 billion US dollars. As long as you buy it in small batches, it will basically not cause any fluctuations in the market.
That night, Zheng Yaoyang stayed overnight in an apartment in Ginza, enjoying the joy of combining East and West.
Nishino Rikako and Lisa are not like the fake plastic sisterhood between Li Jiaxin and Gigi Gigi.
The two are truly dependent on each other, eating, living and sleeping together. Even if Zheng Yaoyang is not around, they often exchange new ideas together.
When Zheng Yaoyang plays with them, he sometimes feels that he is super redundant, but because of this redundancy, he feels a different kind of excitement.
At noon the next day, Zheng Yaoyang said goodbye to Akina Nakamori at the airport and set off for New York. More than three months have passed since the New York Stock Exchange 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 and informed that the original quotation of 100 billion has now increased to more than 200 billion, an increase of 125%.
This also shows that Zheng Yao has now made a profit of US$2.25 billion from the US$1.8 billion he originally invested.
Zheng Yaoyang replied that it was time for them to cash out and leave, and asked Wade to find a new home to take over. He went over this time to deal with this matter.
The Nikkei Index will continue to fall in the future, and even fell to its lowest point during the Gulf War, once falling below 20,000 points, a drop of 40%.
After all, Japan is currently the world's largest oil importer after the United States. The domestic economy is declining and international oil prices are rising, which can be described as internal and external troubles.
There is still room for the Nikkei Index to decline, but compared with the profits from rising oil prices, this is a small profit.
For Fujitsu, Zheng Yaoyang paid 950 million US dollars, leaving Rogers with 1.12 billion in funds under management.
Almost all the profits made in the past half year were consumed, and the funds used were temporarily diverted from Jingfangli.
Because Fujitsu's shares have been transferred to Zheng Yaoyang's newly established company through special means.
He holds 43% of Fujitsu's shares, which costs a total of US$950 million, 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.
Early one morning, the plane successfully arrived at the International Airport in Queens, New York.
After this time, Zheng Yaoyang probably won't come to New York again in a short time.
The main reason is that the journey is too time-consuming, lasting more than ten hours of flight time, and his range of activities is only compressed into a two hundred square meter long strip of space.
Most of the day was wasted, which always made him feel like he wasted his time.
Mahjong was not fun to play either, the flight attendants were all having fun, and the main thing was just to give someone a hug.
Wade came to the airport to pick him up,
Inform the progress of finding a new buyer.
Japan's economy continues to decline, and many institutions are very willing to take over. However, if you want to transfer funds smoothly, you need to pay a tax of 12.5% of the total amount of funds.
Their bonds, worth US$4.05 billion, require protection fees of US$506 million.
"Is there any way to avoid it?"
Zheng Yaoyang frowned, unwilling to pay so much tax, because out of the 500 million tax, at least 100 million was management fees belonging to their company.
Wade was also a very outstanding asset manager on Wall Street at the time, and he immediately proposed a way to establish a charitable fund that could reduce the tax rate to 5.5%.
The famous wealthy people in the United States have more or less several charitable foundations under their names, and their only purpose is to avoid taxes.
However, there is a drawback to this. You cannot use this money on a large scale within the next six months, otherwise you will be investigated by the IRS.
Hearing about the IRS, Zheng Yaoyang also felt a headache. He couldn't have his cake and eat it too: "All funds should be paid through formal channels."
As we all know, the United States is a big tax country. There is a very famous American joke that if the FBI and CIA cannot handle people, the IRS will teach them how to behave.
Regardless of drug dealers, arms dealers, or even Wall Street financial institutions, the IRS's main priority is the equality of all living beings.
IRS is the abbreviation of the Federal Taxation Service. Once you are targeted by them, you will be peeled off.
It was already May, and there were still more than two months before the Gulf War would begin. He couldn't wait half a year.
Wade opened his eyes wide, "All the funds?"
Zheng Yaoyang also felt pain in his body, gritted his teeth and said: "That's all the money!"
The latest price of oil is US$11.2 per barrel. Once it rises to US$43, there will be a nearly four-fold gain.
As long as they sell before $43, the bottom line is more than three times the profit.
In comparison, 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 smiled and joked: "BOSS, they will regard you as God."
He realized in an instant that Zheng Yaoyang should make big moves next, otherwise he would not be able to pay an extra US$202 million in taxes for no reason.
“How much money can God make?”
Zheng Yaoyang smiled, and he would be busy with this matter in the next few days.
But when the news spread, not only was he not worshiped as God, but he became a rich fool.
Establishing charitable funds and conducting reasonable and legal tax avoidance is what all the wealthy Americans do.
Zheng Yaoyang paid an extra US$202 million in taxes for no reason. If he is not a fool, then what is he?
However, as a result, he received many invitations from charities, environmental protection organizations, animal welfare organizations, and even celebrities and politicians.
It's nothing more than seeing if his brain is not bright and seeing 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 bank founded by Fang Langpu Group, initiated by Tang De, initiated a rescue fund of US$65 million.
This financial bailout is mainly to rescue the Taj Mahal Casino in New Jersey, which is on the verge of bankruptcy.
It cost 3.5 billion US dollars to build. When it was completed, it was hailed as the eighth wonder of the world.
The invitation was full of compliments, as if missing this opportunity would make the inviter regret it for the rest of his life.
Wade noticed Zheng Yaoyang's interest and said with a smile: "The casino will also go bankrupt. Isn't it funny?"
Zheng Yaoyang smiled and said: "It is indeed strange that the casino went bankrupt, but I am more interested in him as a person."
"Donde? A famous idiot in New York."
"I'm a fool too." Zheng Yaoyang asked back.
Wade was at a loss for words and didn't know how to reply, so he had to ask: "BOSS, do you plan to participate?"
"I have this idea."
Zheng Yaoyang nodded, he really wanted to meet King Xitian, a true business genius.
It is indeed strange for a casino to go bankrupt, but because of this bankruptcy, he found loopholes in the law, which led to the next five bankruptcies.
There is a loophole in the U.S. bankruptcy law. In fact, it cannot be regarded as a loophole. Perhaps it would be more appropriate to call it a humanitarian business policy.
It allows companies that apply for bankruptcy to continue doing business under the framework of bankruptcy protection after formulating a series of repayment plans.
Creditors are also worried that the company will go bankrupt and all the funds they have invested in the past will be wasted, so they will compromise and provide partial capital relief.
Tang De took full advantage of this and reached a compromise with his creditors so that his actual debts could be forgiven.
Debts were forgiven, but assets were not reduced. As soon as he tasted dessert, he started to make aggressive moves.
Let its subsidiaries go bankrupt and reorganize again and again, and by exploiting creditors, let them reduce or reduce their debts, thus indirectly increasing their fixed assets.
As the company's fixed assets increase, it can borrow more from banks and continue investing.
Although the debt ratio is high, corporate liabilities are not personal liabilities.
He used bankruptcy and reorganization as leverage. It's hard not to admit that he is a business genius.
Thinking of this, Zheng Yaoyang couldn't help laughing.
Wade didn't know why and replied: "BOSS, then I can help you answer them?"
Zheng Yaoyang chuckled and said, "No, I'll just go there when the time comes."