"Comrade Lebedev, your next task is to inform the Japanese media about the debt problem of the Seibu Group, especially the credit debt.
You must estimate the unrepayable debt of the Seibu Group by next Monday to a roughly accurate scale, and disclose it through the Japanese financial media," Seryosha commanded Lebedev's next mission with a voice changer.
And Lebedev was completely unaware that his superior was the famous Minister Ulyanov in Moscow.
Lebedev only knew his superior's code name "Phase Field Master", and this title Lebedev also studied specifically, which was the old Japanese term for stockbrokers.
When Lebedev was immersed in the study of Western financial markets at the International Institute of Economics of the Socialist System in Moscow, he could never have imagined that one day he would use his knowledge of economics to serve his country in this way.
He himself couldn't understand why the phase master would let him perform such a mission.
But he still vaguely felt that the phase master seemed to be the one who had been shorting the Seibu Group behind his back.
The field master asked him to study the scale of the Seibu Group's bank credit debt, and he only gave him three days, even if Lebedev and his own company's employees worked overtime, I am afraid it was very urgent.
But one thing Lebedev is clear is that Seibu's credit debt is enough to trigger an earthquake in the Japanese banking system.
If nothing else, let's talk about why the Seibu Group relied on to eat one-sixth of Japan's land under the continuous rise in land prices, of course, it was bank credit, if it weren't for the value of the land held by the Seibu Group, this company would have been forced to a dead end by his radical development strategy.
To find out exactly how much money Seibu has borrowed from Japan's banking system, Lebedev would have to take a good look at all of Seibu's financial reports and audit reports for the last five years.
It's not an easy job.
Fortunately, the accounting and auditing work was simple and tedious, and in order to get the results as soon as possible, Lebedev outsourced the work to Ambisin Accounting Firm.
As a result, under the estimation of hundreds of professional accountants of Ambis, the scale of the debt of the entire Seibu Group could not help but make Lebedev gasp.
The 170 subsidiaries of the Seibu Group have borrowed a total of 2 trillion yen from the banking system, which may not be a good figure, but according to the 1988 annual statistical report just released by the Japanese government, Japan's GD last year was 380 trillion yen, which means that the Seibu Group's credit debt is equivalent to about 19 times of Japan's GD last year.
And with the way out of the Seibu Group debt analysis report, the debt relationship between Japan's top 100 banks and the Seibu Group is also clear at a glance.
Two trillion yen.
That's $200 billion in debt.
This is probably a sum of money that no Japanese bank can afford to lose.
Immediately after getting the exact results, Lebedev sent the report back to the country through the KGB's intelligence system.
Seryosha looked at the long list of banks in the report, and these were only the debt relationships between Japan's top 100 banks and the Seibu Group, and some of the smaller banks and finance companies did not appear on it.
And the business style of Yoshiaki Tsutsumi is so special, Seryosha had carefully studied the biography of the world's richest man Yoshiaki Tsukiaki before the start of the operation, this person is not self-made, he is the concubine of a large Japanese family, and after squeezing out his brother to inherit the family business, Yoshiaki Tsutsumi began his dreamy business career.
Yoshiaki Tsutsumi's business philosophy is to take all the big and small, as long as it is profitable, no matter how small the business is, he is willing to do it, so the Seibu Group has both large real estate companies and small businesses that run ice cream chains.
Over the years, I don't know how many companies have been acquired by him and then packaged and listed, and it is precisely because of this business philosophy of Yoshiaki Tsutsumi that the Seibu Group has squeezed out the giants of Japanese manufacturing such as Sony, Toshiba, Honda, and Toyota, and has become Japan's No. 1 conglomerate on a par with the Mitsubishi Foundation, the Sumitomo Foundation, and the Mitsui Foundation.
Seryosha pondered as he ran his finger across the long bank directory.
He had completed the first step of the whole Troubled Waters plan, which had plunged the Seibu Group into a debt crisis, and now Seryosha was about to carry out his second step plan, which was to spread the Seibu Group's debt crisis to the Japanese banking system.
In order to make it easy to get started, it can also create enough social influence.
Seryosha picks his targets directly from the top 10 banks in Japan.
He soon fell in love with the United Bank of Japan, which ranked fourth in the Japanese banking industry.
Although Union Bank of Japan is not the bank that has granted the most credit to the Seibu Group, it is the most financially troubled of the four major Japanese banks.
A few years ago, the Union Bank of Japan (BOJ) fell from second to fourth due to a huge loss due to the failure of overseas investment.
In order to recover the decline, the United Bank of Japan formed a strategic alliance with the Seibu Group, which was in full swing at the time.
Nearly 400 billion yen in credit was provided to the Seibu Group.
This amount is already close to one-fifth of the assets of the United Bank of Japan.
If the Seibu Group fails to repay the money, the United Bank of Japan will close its doors.
After much deliberation, Seryosha finally decided to start with the Union Bank of Japan, so at Seryosha's behest, Lebedev once again disclosed the exclusive financial analysis report of Muddy Waters to the Yomiuri Shimbun in the name of the Muddy Waters Research Institute.
In less than 24 hours, the Yomiuri Shimbun disclosed the report to readers in the form of a column.
Because of the current fame and attention of Muddy Waters, Muddy Waters' research report has become a hot topic of discussion on financial programs on major Japanese TV stations.
The audience was first surprised by the huge debt scale of the Seibu Group, when Yoshiaki Tsutsumi was the richest, his assets were as high as more than 130 billion US dollars, but who would have thought that the debt of the Seibu Group was as high as 200 billion US dollars, it seems that Yoshiaki Tsumi, the "richest man in the world", should be called the "world's richest man".
Almost less than half an hour after the news aired, the front of the United Bank of Japan was suddenly filled with customers who came to withdraw money.
Many customers who have deposited their money with the United Bank of Japan know on television that the United Bank of Japan is a major creditor of the Seibu Group, and that if the Seibu Group is unable to pay its debts, the United Bank of Japan will have to fail.
As a result, a run on the United Bank of Japan finally kicked off under Seryosha's planning. t1706231537: