Ever since he saw the newspaper report, he immediately realized the importance of subprime mortgage products.
Subprime mortgages focus on the property and land in the hands of those in debt.
Because if these debtors are unable to pay, the creditor has a preferential right to dispose of the debtor's property.
In other words, these properties and land will fall into the hands of financial institutions that hold subprime mortgage products, which is a worthwhile and risk-free investment in Japan, where property and land prices continue to soar.
With the advent of subprime mortgages, the Japanese have broken down the barriers that prevent foreign investors from investing directly in Japanese real estate, and with subprime mortgage products, investors outside Japan will stand on the same starting line as investors in Japan.
Tsukiyoshi would never allow such a thing to happen.
Yoshiaki Tsutsumi is a domineering person, which is not only reflected in his personality but also in his way of doing business.
Yoshiaki Tsutsumi's current position in the Japanese business community, almost every word he says will become a bellwether for the market.
Even the god of management, Konosuke Matsushita, praised him for having the quality of an emperor, if in ancient times he was the ancestor of Zhongxing like Tang Taizong, and the founder of Sony, Akio Morita, thought that Yoshiaki Tsutsumi was his incomparable opponent, and Akio Morita also sighed that he was born Yu and He Shengliang.
He said that his greatest misfortune was that he was born in the same generation as Yoshiaki Tsutsumi.
Now such a leading figure in the Japanese business community is dissatisfied with Nomura Securities, so that the president of Nomura Securities, Koji Nagai, is like a pins and needles, and as soon as he puts down the phone, he immediately visits Yoshiaki Tsutsumi in person.
Koji Nagai walked into Yoshiaki Tsumi's office nervously, although he is also the president of one of the largest companies in Japan, but in front of Yoshiaki Tsutsumi, the richest man in the world, Koji Nagai is a dwarf after all.
Yoshiaki Tsutsumi turned his back to him, looked at the scenery in the courtyard behind him, and said nothing.
Koji Nagai took a sip of saliva and remembered the courage to call, "President Tsutsumi" "Nagai-kun, do you know what a stupid mistake you made, your Nomura Securities reaction is really too slow, the opponent has already entered our base camp, and you and your Nomura Securities are still in a daze, and you don't even notice the existence of the enemy," Yoshiaki Tsutsumi said in a cold tone.
"Mr.
Tsutsumi, the reason why we are not doing business related to subprime mortgage products is because they are still in their infancy, and many large institutions like ours are waiting on the sidelines.
Moreover, the international financial patent for subprime mortgage products has been registered by a mysterious person named Ulyanov, and without his authorization, we would not be able to set foot in this field," Koji Nagai explained humbly for Yoshiaki Tsutsumi.
"Haven't you read the latest issue of The Economist, and the owners of subprime mortgage patents have begun to open their licenses to financial institutions around the world," Tsutsumi said, still unreasperated.
"After accepting your criticism, I have sent my subordinates to London to negotiate the patent as soon as possible, so please rest assured that we will definitely win the license to operate subprime mortgage products," Koji Nagai assured Yoshiaki Tsutsumi.
Hearing that the other party acted exactly according to his instructions, the anger in Tsutsumi's heart finally calmed down a little.
He got up from his seat, walked to Koji Nagai's side, and said earnestly: "Nagai-kun, do you know how much land in Hawaii is now in the hands of Japanese businessmen, and the army did not hesitate to launch a war that almost destroyed our country in order to get Hawaii, but now, as long as we use the power of capital, we can easily do it Everyone is now working hard to strive for greater interests for this country, if there is a problem in our country, We won't be able to make the most of our talents abroad."
"President, I will follow your teachings," Koji Nagai said with a deep bow.
Although everyone is the president, Yoshiaki Tsutsumi is a role model for all businessmen in Japan.
Whispering in front of him didn't make Koji Nagai feel any discomfort.
"Nagai-kun, the subprime mortgage products currently circulating on the market also need to be recovered, debt is different from equity, once the borrower has a default risk, then the land will fall into the hands of foreign investors, if the land in Japan is not in the hands of the Japanese, it will let those foreigners get the wealth we have worked so hard to create in vain" Yoshiaki Tsutsumi kept telling Koji Nagai, obviously the subprime mortgage products made Yoshiaki Tsutsumi very vigilant, He feared that it was a conspiracy by foreign banks to infiltrate the economy, but now it seems that subprime mortgage products, like Japan's real estate market, are a sure-fire deal.
The liquidity on hand can be borrowed from subprime mortgage products to continue to appreciate.
After leaving Yoshiaki Tsutsumi's home, Koji Nagai wiped the sweat from his forehead with a handkerchief.
The pressure in it just now was too great, and the aura of the world's richest man was a little overwhelming, but this incident made Nagai Koji understand one thing, that is, Yoshiaki Tsutsumi attaches great importance to subprime mortgage products, and even regards them as a lucrative and promising business.
If the Seibu Group makes a move, then it is almost certain that the old chaebols will also be involved, and it will not be long before the old chaebols such as Mitsubishi, Mitsui, and Sumitomo will understand the importance of subprime mortgages to the Japanese real estate market.
By that time, how much market will Nomura Securities be able to seize?
Thinking of this, Koji Nagai felt that he should take a step ahead and contact Sankimkai, a foreign company specializing in subprime mortgage business in Japan.
To be honest, Koji Nagai has not figured out how risky subprime mortgage products really are, but he knows that these products are almost risk-free given the current boom in Japan's real estate market.
Koji Nagai may not be able to trust his own judgment, but he absolutely believes in the AAA security level given by the three major international rating agencies for subprime mortgage products.
Thinking of this, Koji Nagai quickly took out his yotahone and called the secretary, asking him to communicate with the people of the Sanjin Society to see if he could have the opportunity to invite the president of the Sanjin Club to come out for a meal together Koji Nagai's secretary was still very set, and soon contacted Mikhail through the officials of the Financial Department of the Ministry of Finance.
This time Mikhail had even more headaches, because he had already received invitations from Mitsubishi, Mitsui, and Sumitomo Consortium Central Bank at the same time, and it was difficult to decide who to accept. t1706231537: