American Fortune Life

Chapter 1045: Boss, You're Not God, You're a Capitalist, Your Purpose Is To Make Money!

Bankers are entrepreneurs, mainly in the banking industry, who are good at turning the business perspective in childbearing into a business reality.

Andy doesn't take banking as his main business, but banks are the most central puzzle in his business empire.

Banks will be one of his important controls over some of the businesses that need to be listed.

He has been buying other people's businesses, the nest, crossing the river to dismantle bridges, malicious acquisitions and other means he has used. Although it is disgusting, it also has to be impressed by many people. He himself is the bad guy in the eyes of the founders of those enterprises, and will naturally pay more attention to preventing others from using the same tricks against him.

All, Andy would not leave anything behind on such matters as absolute control of the company, cross-shareholding and large borrowings from his own bank, all within his scope of operation.

From taking over from the Federal Bank of Mac, India, to the four banks merging to form a new Intime bank, even if all the people in the think tank who could be mobilized were dispersed, he, as the big owner of the bank, would not be as relaxed as he had been drinking coffee and smoking cigars.

After the official handover of bank assets and the formal withdrawal of all FDIC personnel from Mac Bank of India, Andy spent the next few days sitting in town at the former Mac Bank of India headquarters in Pasadena, Los Angeles.

Meeting, meeting, meeting...

Three days of uninterrupted meetings familiarized Andy with the specifics of his 82 branches, met with the previous four bank presidents who were still in office, familiarized everyone with the background information, and followed and explained the direction of his Intake Bank.

On the first day, Andy invested $1.5 billion in the new bank as a cash reserve for Incotec Bank, while its credit operations returned to a single model, offering only the same priority loans and completely dividing non-traditional mortgage lending operations.

In an effort to attract new customers, Andy made a higher deposit rate payable to customers when the current interest rate was extremely low. To put it bluntly, it's a high-interest blanket.

Advertising has begun in major media outlets, such as the Los Angeles Dodgers baseball game, the U.S. Golf Open, the NBA basketball league, especially the Lakers game, and Andy has temporarily let go of the Lakers' three-to-two post-season race against the Rockets to advertise the bank as a business in support of the Lakers.

Andy even started trying to make Intai Bank the official sponsor of the Lakers, but he was pulled back by a sentence from Al.

Although the Lakers are irreplaceable and most famous in California, the main group of people who like to save is Chinese!

In this way, he naturally won't let anybody else take advantage of him, and the line will become the official sponsor of his own rocket team.

To be honest, the busiest thing about Infineum Bank is the new Brand Planning Department, which sees them sponsoring that competition almost every day for a press conference.

Andy's combination of punches and bombardment of advertisements was nothing short of an old man's money-splitting act. Though simple and rude, the results were also very obvious.

Don't think that Andy's money spreading behavior is foolish. In such a downturn in the American banking industry, even if it's loaded with money, you have to pretend. You know that a lot of people eat this kind of stuff.

It is to make every suspicious customer understand that Intake Bank is really strong today, with a billionaire boss worth more than 20 billion, who makes money at a miraculous rate as a backup, putting his money together with his money, what is not reassuring?

Especially when the media reports that Mockingjay Games Inc., an almost dollar printer, and Freedom City APP Mall signed a settlement agreement with Incotec Bank, which reassures many, not to mention that Incotec really needs cash flow in the future.

Andy leaned on the boss chair in the office of the president of Bank of Intake, looking a little tired, and honestly, this was his busiest and densest time of year.

“Knock, knock...”

“Boss, Mr. Alvitelli is here. ”

Andy opened his eyes and saw Tory Blake coming from New York the other day and nodded slightly and said, "Let him in. ”

As the assistant turned around and left, Andy sat up straight, sorted out his shirt and tie, and soon Alvitelli came in with a folder.

When Al sat down, he didn't say a word, but just handed Andy the folder in his hand: "These are some of the people we screened through Headhunting, all of whom are qualified for the position of CEO of Intake Bank. Boss, take a look. ”

Andy took over the folder and started flipping quickly, looking at it, looking at the slight change in complexion, having a toothpick feeling, several candidates were indeed ‘talented’, and the curriculum vitae of these talents were also very impressive, with a background of large financial institutions, either Goldman Sachs or MG Chase, but the key was that these people were typical representatives who liked low-risk, high-yield interests above all else.

Looking at the success stories of these people, Andy can only say that they are no longer using their talents to make money, but plundering.

“Al, tell me what you think. Who do you think you are?” Andy closed the vampire list in his hand and looked at Al with a slight frown.

“Stephen Nubbie.” Al didn't bend around, and his expression gave a faint answer.

Andy immediately thought of the background information on Stephen Nubbie in the material he had read before.

“He had 20 years of Goldman Sachs background, 17 years of Goldman Sachs partnership, and then he set up his own hedge fund, and he was a Hollywood producer... He was involved in almost all the bad decisions on Wall Street, and in Goldman Sachs' 20 years, he helped Goldman Sachs sell economic destruction, consuming billions of taxpayer aid to make the same mortgage loan product... ”

Listening to Alvitelli's introduction, Andy's face grew more gloomy with a hint of tension, this Stephen Nubie was simply a ruthless capitalist with the highest interests, believing and following through, trying to do everything possible to achieve a low risk, high yield investment idea.

“A captive investor...” Andy frowned slightly, half-closed his eyes, touched his chin and mumbled softly.

Al saw his own BOSS start to get tangled up again, and he couldn't help but sigh and say, "Boss, you're not God, you're a capitalist, you're just trying to make money! ”

“Hey...”

When Al saw the bitter smile on the face of the young boss, he said again: "Those whose houses were taken away by the courts were very unfortunate, but these loans were management's problems before we took over the Bank of Mac in India. We're just doing what we have to do to reduce our losses!

If you're really upset and you're almost there, and someone's really sick about it, then we can push him to the front desk! ”

Well, my chief advisor even figured out the next river bridge demolition. This is going to kill the donkey from the beginning. Janima dumped a good pot!

Andy shook his head and shook his hand and said, “You decide... ”

“So this Stephen Nurby, he's very capable of digging and destroying the economy, and we don't need to remind or guide him on how to do it, just give him a request to do it quickly.

Achieving that goal would require him to deal with the Bank of India's non-performing loans and other assets as soon as possible, and he would certainly write in the foreclosure of the collateral.

If something goes wrong, we can only resign him painfully, and of course, we'll give him a huge severance pay, which I think he'll be happy to accept! ”

Andy, listen to Alvitelli, just laughing twice. I can't help but sigh, Nima. You've got the whole plan in mind. What else can I say? I have no enemies with the money! Look, I can only be an uninformed, trusted by my men, and blinded, inexperienced young boss...