A Returner’s Successful Investment Method - Chapter 645



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Episode 645 malay scandal (6)

It’s such a huge event that if you publish it in an article, it’s a scoop.

Trish stopped everything else and used all her information to write the article.

Then I talked with David about the data we had analyzed.

Because Ming Liu moved around so much, there is a wealth of information about his whereabouts. All he did was spread money everywhere he went.

I guess I have to live my life like this, since I live it once anyway.

“Have you looked into Richman Sachs?”

“yes. It appears that current and former Richman Sachs executives received lobbying and were involved in bribery and money laundering. “It is presumed that numerous illegal activities occurred during the bond issuance process, and that money flowed into Ming Liu’s personal account disguised as a business.”

“As expected.”

Fraud of this scale cannot be committed alone.

We need the help of many people.

Among them, the one that provided the most help was Richman Sachs.

Without the cooperation of Richman Sachs, this could not have been accomplished in the first place.

I am not a public interest informant or an apostle of justice; I am just an investor.

Catching scammers is catching them, and investors should come up with ways to make money no matter what the situation.

“Richman Sachs is close to the government, right?”

David nodded.

“of course. We are reaching out to almost every country, including the United States, the United Kingdom, France, Germany, Japan, and Australia. For financial people, Richman Sachs’ headquarters and branches are the gateway to each country’s treasury or central bank. “Richman Sachs alumni are also sitting in key positions at the IMF, WB, and ECB.”

The former president of the International Monetary Fund (IMF), the current president of the World Bank (WB), and the next president of the European Central Bank (ECB) all worked at Richman Sachs.

However, since it is an American financial company, it is the U.S. government that has the deepest relationship.

It is no exaggeration to say that the Federal Reserve and the Treasury are the Richman Sachs alumni association.

“Are there similar cases at other financial companies?”

“That’s right.”

The number of top elites in the financial world is fixed.

Therefore, it is not surprising that they work in private companies and then go to public positions.

“However, Richman Sachs accounts for an overwhelmingly high percentage. There is a culture within Richman Sachs that encourages employees to run for public office. “You can only be recognized as a true ‘rich man’ once you have served in public office.”

“He’s a real rich man… … . But if he goes to public office after working at IB, won’t his salary go down significantly?”

“you’re right. “There are no performance bonuses or bonuses.”

If you hold a key position at Richman Sachs, you can earn millions of dollars a year.

But public office jobs cost hundreds of thousands of dollars at best.

It’s not even cut in half, it’s reduced by more than a tenth.

I said with a smile.

“Everyone seems to have a strong spirit of service.”

David chuckled.

“Is that possible?”

At first glance, giving up high salaries to take up public office seems like a service to society… … This is just an optical illusion(?).

“Anyway, once the term of office is over, the price will be raised further and the person will return to Richman Sachs. And I serve the interests of Richman Sachs again based on the information and connections I gained while in public office.”

In fact, Richman Sachs recently hired monetary policy officials from the Bank of England (BOE), Bank of Japan (BOJ), and European Central Bank (ECB) as economists.

There is no industry that is as heavily regulated by the government and as strongly influenced by policy as finance.

That’s because even if a problem occurs in other industries, only that industry will fail and that’s the end, but if a problem occurs in finance, the entire country will be shaken.

Those with a civil service background are well aware of the internal systems of each country’s central bank and have extensive contacts in the political world.

Therefore, you can better understand the monetary policies and regulations of each country and quickly obtain information and respond to policy changes.

People from Richman Sachs went to public office, and public office went back to Richman Sachs.

“It’s literally a revolving door greeting.”

David nodded.

“Is there even a name for it called Gerberman Sachs?”

This is the only way to become the world’s largest IB.

In fact, Richman Sachs lobbies the government and National Assembly enormously and exerts enormous influence.

The same applies to this situation.

Originally, they would have had to pay a fine on top of the $7 billion bond issuance price, but they mobilized all their political connections and agreed to $3.5 billion.

Well, this alone is the largest fine in American financial history.

As a result, Richman Sachs lost its entire profit for one quarter.

But this is not enough.

If you commit something illegal, you have to pay the price.

If they are punished properly this time, something similar will not happen again.

“How much did it go towards Prime Minister Binti Lime?”

“Even if we estimate it less, it would be over $2 billion. Some funds appear to have flowed into China through Hong Kong.”

“China?”

“yes.”

As China has been interacting with Southeast Asian countries for thousands of years, Chinese people have established themselves in these countries for a long time.

This is also true in Malaysia.

The reason Singapore separated from the Malaysian Federation was also due to the Chinese issue.

Nevertheless, the proportion of Chinese people in Malaysia exceeds 20 percent, and they exert enormous political and economic influence.

In fact, in Malaysia, Chinese is used as a higher level language than English.

However, overseas Chinese should not be equated with Chinese people.

Although ethnic Chinese are proud of being of Chinese descent, their identity as Malaysians is strong and they keep their distance from China.

But Ming Liu is a bit different.

Perhaps because his family did business in Hong Kong, he had long had deep relationships with Chinese political and business figures.

When the incident actually occurred, Ming Liu quickly fled to Macau.

It is presumed that it later moved to China.

I think so, but David brought up another story.

“Here’s another interesting fact.”

“What is it?”

“It appears that they also sponsored the U.S. presidential election campaign.”

“ah!”

David asked after seeing my reaction.

“Did you by any chance know?”

“no. “I’m just a little surprised.”

As a capitalist country, the US presidential election is truly Show Me the Money.

Super PACs are legal for sponsorship and support from individuals as well as companies.

Therefore, during election season, both individuals and companies pour money into publicly supporting specific candidates and policies.

If you don’t have money, you can’t participate at all.

In fact, the biggest reason for giving up during the primary race is lack of campaign funds.

I knew, but I asked pretending not to know.

“How much?”

“It is estimated to be around $30 million. He gave $30 million to rapper Micra, a passionate supporter of Mark Phillips. “It is presumed that this was split into pieces and sponsored under a different name.”

“Why did you use that method?”

“It is illegal for foreigners to provide funds to the campaigns of U.S. presidential candidates.”

“okay.”

So I can’t make political donations.

But you can pay for Continue Capital.

David added a word.

“It appears that he sponsored not only the Democratic Party camp but also the Republican Party camp.”

“Are you crossing your legs?”

“That’s the way it is.”

Since we don’t know who will win, did both sides donate? I stuck my tongue out.

Actually, who wouldn’t think of a method like this?

Nevertheless, the biggest reason why it is not easy to try is because it costs twice as much. If possible, it’s better to focus on the side that wins.

After all, it’s not my money, so I can make political donations to my heart’s content.

Another thing is that if you are found out later that you have crossed paths, you may be criticized.

However, if you make a donation under a borrowed name like this time, you can insist that you are not involved even if you are suspected.

“What was the purpose of the political donation? “It is unlikely that the donation was made purely for the advancement of American politics.”

David smiled bitterly.

“It was probably an intention to approach and influence the presidential candidate.”

It is true regardless of time and place that a person who eats salt turns on water, so if you receive a large amount of donations, you should do something.

That’s what we’re supporting in the first place.

“He’s a really interesting person.”

A Chinese-Malaysian is pouring money into Washington DC.

In fact, if a donation of such a large amount is made, it would be difficult for a presidential candidate to easily ignore it.

Again, this is something that will happen in about 3 years.

At that time, Senator Mark Phillips had already been elected president and was serving in office.

When Ming Liu’s illegal donations to the presidential election became known, Mark Phillips explained that he was unaware of it.

However, because of this, he came under heavy attack from the Republican Party throughout the remainder of his term.

But currently there is an election going on.

Since we do not know what outcome this incident will produce, variables must be eliminated as much as possible.

I thought of Senator Mark Phillips.

“I thought we should meet again sometime, but it just so happened to be good.”

* * *

Christopher Lomu.

After completing his long military service as a U.S. Air Force mechanic, he began the second chapter of his life after being discharged.

However, it was not easy to get a job in a related field, and he had to take on temporary jobs such as security guards.

I was experiencing great financial difficulties because it was difficult to find a job… … His life changed thanks to a man he met on an airplane.

‘I never would have thought that the Asian young man sitting next to me on the plane was the co-CEO of Continue Capital!’

Of course, that was a time when Continue Capital did not even exist.

However, what happened in that short period of time led to the emergence of a young Asian man who became the co-representative of Continue Capital.

And it solved all his problems.

He bought me a car, gave me money, and started a company.

Chris became the president of a private jet maintenance company overnight.

Just because you start a company doesn’t mean you will suddenly develop business skills that you didn’t already have. So, Continue Capital dispatched a management expert.

Blackwood International, which operates a private jet sharing service, also provides maintenance work, and has grown into a company with over 100 employees.

He looked around the office where the employees worked.

‘I dreamed of success, but I didn’t expect it to be this successful.’

Even now, when I wake up, I wonder if it was a dream or if it was real.

What I don’t understand the most is that I don’t know why he’s so nice to me.

Han Mi-ru said that he saved everyone on the plane that day, but Chris didn’t really think so.

‘I’ll have to repay the favor somehow… … .’

But I don’t know how to repay the favor.

What does the co-CEO of Continue Capital lack?

I have contacted him occasionally, but I am refraining from contacting someone who is busy frequently because it can be rude.

While I was thinking that, my cell phone rang.

After checking the caller’s name, he quickly answered the phone.

“hello.”

[Hello, Chris.]

Chris said happily.

“haha! Who is this? Nice to meet you.”

[How are you?]

“Thanks to you, I’m doing very well. I was already trying to call you. “Is it Korea?”

[no. I came to New York a few days ago.]

“Oh! “In New York?”

[yes. Do you have time?]

“I’m fine anytime. “If I don’t have it, I’ll make it.”

[Then, why don’t you go somewhere with me?]

“huh? “Where?”