Silicon Valley

Chapter 98 The Bank of New England

Although the scale of the sixteen banks is small, they are not small when combined, and their coverage is wide, not much worse than that of large banks.

More importantly, at the moment when the United States was in a banking crisis, Williams Bank suddenly acquired 16 banks. As soon as the news came out, it caused a sensation. Williams Bank seemed to be a little-known person before, but everyone suddenly realized that it was not a small person, but a fierce person hidden in the folk! ! !

In such a breath, 16 banks were swallowed, making Williams Bank famous in the financial world and emerging!

Under Henry's instruction, there were a lot of soft articles about Williams Bank on the Internet, Global Online, icq, and Isearch Post Bar. After reading all kinds of soft articles, after brainwashing, you will unconsciously think that Williams Bank is the best bank in America! In the process of realization, the major brick-and-mortar companies called the beasts showed up and agreed that Williams Bank is safe, reliable and trustworthy! ! !

Of course, these brick house beasts were all paid for by Henry...

People have been brainwashed by the Internet and reality, and naturally many people will accept Williams Bank!

In addition, Henry also arranged for a lot of people to pretend to be lining up to deposit money, and while lining up, they loudly praised Williams Bank. If you don't speak, it will be bad. Others think that there is a bank run... Therefore, Henry also specially arranged for some people to carry money bags and shout to save money, so that others can understand at a glance.

Everyone in the world has a herd mentality. Others saw that so many people came to Williams Bank to save money, so they came to save money because of its influence! The number of people is increasing, the team is mighty, and there are long queues in the bank!

The commotion was a bit big, and it attracted the onlookers of media reporters, and it appeared on newspapers and TV the next day!

As soon as the newspapers and television reported, Williams Bank became even more popular. The next day there was a long line at the gate of Williams Bank!

Subsequently, the companies under Henry's name announced one by one, "Our company will choose Williams Bank as a cooperative bank, and its employees must have a Williams bank card, and wages will be paid to the Williams bank card!"

There are many companies under Henry's name, the newly established Silicon Valley Electronics Group, Global Land, Cisco, Nicholas Group, Global Online, Isearch, ICQ, Noah's Ark, West German Press, Firefly Games, Galaxy Film, Blackwater, Pixar , Domain Name Management Company, Prestige Capital Investment Company, Amgen Biopharmaceutical Company, etc... especially Cisco, which has a huge scale and employs more than 300,000 people!

Therefore, after companies under Henry's name announced their cooperation with Williams Bank, the momentum was huge and caused a sensation in the United States. Williams Bank's momentum has never been stronger! ! !

For a time, the American people were so confident in Williams Bank that they lined up to save money!

In just a few weeks, Williams Bank has added more than 10 million new depositors! ! !

Originally, the depositors of Williams Bank were only 600,000, but after the acquisition of 16 banks, the total number of depositors was only more than 6 million! And now, the depositors of Williams Bank are about to exceed 20 million, and the combined assets exceed 32 billion US dollars, ranking 21st in the scale of American banks! But judging from the current popularity of Williams Bank, there is no problem in advancing a few more! ! !

Just as Williams Bank was singing its triumphant song, news of the impending bankruptcy of the Bank of New England came from the United States. The Bank of New England ranks 33rd among U.S. banks, with bank assets exceeding $20 billion, but the bank's own capital is less than $500 million. The Bank of New England had previously lent a lot to real estate, and now the price of real estate has dropped significantly. The Bank of New England has lost $480 million, which has exceeded the bank's own capital. Many bank analysts expect the Bank of New England to fail.

In fact, it did, and depositors were lining up in the bank to take all their money!

The run on the bank was so severe that it was inevitable.

At this time, the building will collapse, who will turn the tide? ! !

Williams Bank said that it is very interested in the Bank of New England. As soon as the news came out, the run on the Bank of New England stopped immediately! ! !

I have to say, Williams Bank is awesome! ! !

Subsequently, newspapers and television have carried out analysis and reports on the matter.

The Los Angeles Times reported: "Williams Bank is the fastest growing bank in the United States! At the same time, it is also the most recognized bank by the American people! If Williams Bank buys New England Bank, New England Bank may come back to life!! !"

ABC TV: "Yesterday, the relevant person in charge of Williams Bank revealed that Williams Bank is very interested in the Bank of New England and is likely to acquire it! As soon as the news came, the run on the Bank of New England suddenly stopped, experts Analysis, based on the current situation, the only way out for New England Bank is to be acquired by Williams Bank…”

The Bank of New England received the news, and the bank's chairman, Godwin, immediately contacted Williams Bank and expressed his willingness to be acquired by you. Then, take a group of people to the Williams Bank headquarters in person!

Henry shook his head, what the hell, such a big bank actually begged to come to the door and let himself buy it, then why should I be polite...

"200 million US dollars, do you do it? Do not do it and pull it down!!!"

That's what Henry said when Godwin brought the team to negotiate.

Godwin blushed, didn't dare to say no, but he didn't want to sell the bank cheaply, so he could only pretend to be pitiful and beg Henry to spend more. Henry left without a word! Subsequently, it was announced that negotiations between Williams Bank and the Bank of New England had failed. As soon as the news came out, there was a run on the Bank of New England, and it was more serious than before! ! !

"Paralyzed, Bank of New England, you fucking sell it to Williams Bank, okay!!!"

"Hurry up and sell to Williams Bank, or you will get your money back, I don't have any savings!!!"

The voices of the people's condemnation, wave after wave, all are calling the Bank of New England to sell it to Williams Bank quickly, and even threatening, even going to the door of the Bank of New England and smashing the signboard, what bullshit New England Bank, I want Williams Bank! ! !

Godwin was stunned and scared!

If this goes on, the Bank of New England will fail in a few days! Then there is the auction of the assets and the repayment. And these bank shareholders, they can't get a penny...

Godwin is as anxious as an ant on a hot pan now! (Is the book good-looking? If it looks good, please support it, come to the website to support it, collect it, vote, etc. You can also do anything! In addition, this book is usually published first and then revised, and the pirated version has not been modified, so it is far inferior to the pirated version. It's cool to see the genuine version, it's true, I didn't lie to you. The author has established a book group: 424930141, everyone is welcome to join...)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like