Chapter 368 Knife and Fish
Soon, all the South Goryeo communication media began to pay close attention to the subprime mortgage crisis across the ocean.
The South Goryeo National Bank convened the top ten commercial banks in China to check the amount of debts to purchase subprime loans in the United States.
The top ten commercial banks under the control of the Mid-Federal Federal Reserve must have purchased more or less billions of subprime mortgage housing bonds, and the bank's books suffered heavy losses for a time.
At this time, banks urgently need to collect funds, and the debts of large enterprises are the top priority. Today Group, which originally had the most debts, retired with its deep cash reserves, while other major chaebols were not so lucky. The Leyun Group controlled by Shao Zhengyong was the first to be affected. The land collected at high prices has become a hot potato this time. It will definitely consume a lot of cash when developed. Who dares to take over in this environment?
Just the day before the bank forced land acquisition, Shao Zhengyong surrendered and decided to sell Leyun Department Store to Xinjin Company for cabbage price of 700 million meters. Six vacant land was also transferred by him, and Xinjin continued to repay the land's bank loan.
You should know that Leyun Department Store is not only the buildings in the Handu Commercial Center, but also includes nearly a thousand small convenience stores distributed in various cities in South Goryeo, as well as distribution centers in various cities.
After losing Leyun Department Store like a neural network, Leyun Group was greatly damaged and only saved the two sectors of hotels and food production. It has gradually withdrawn from the sequence of the top ten groups in South Goryeo. It replaced it with an online entertainment company, which is said to have received investment from the Desert Star Group in the early stage.
Among the top ten groups, the Today Group occupies two seats, and the top star is still the Shixing Group. The biggest difference is that the New Today Company has risen from 10th place at the beginning of the year to 5th place, only behind Xiandu and Lgg.
Park Youzhen, the new chairman of the National Day who is still studying in college, became the richest man in South Goryeo and instantly became a hot topic for the whole nation.
Industry insiders have commented that the girl must be supported by the Today Group, and her brother Park Youdao is undoubtedly about to take over the Today Group. In the future, the brother and sister will definitely be the overlord of the business world of South Korea.
Just as newspapers were hotly discussing the re-emergence of the group today, the five-year Nan Koryo presidential election finally kicked off.
At this time, Song Junyong had surpassed Li Ningbo and became the candidate with the highest poll support rate, while Li Ningbo ranked second with a slight disadvantage of 1%.
Such a major election activity, even prisons began to broadcast live to prisoners.
Lee Jung-jae, who enjoys a special cell in the backyard, is even more guarding a TV and watching it. This is an election that determines his future destiny! If Song Jun-young wins, he will be pardoned, and no one can punish him again. If Song Jun-young loses, he is likely to have to stay in prison for another 5 years!
"You must win!" Lee Jung-jae knelt on the ground piously and kept praying.
At this time, a prison guard came in from the front building.
"Ahem! Mr. Li, someone is visiting you."
Lee Jung-jae frowned, "Didn't you see me praying? No one's visits!"
"It's better to ask for God than to ask for yourself, President Li." A voice came from behind the prison guard.
Lee Jung-jae was stunned. Why did this sound sound familiar?
He opened his eyes and turned his head to look over.
"Liu Ming!?"
"Oh, I haven't seen you for more than a year. President Li, you can still recognize me. Liu is so honored!" Liu Ming said with a smile.
"What are you doing here? I don't want to see you!"
"It's really difficult to negotiate a business with Xiandu. No one under your command can make the decision, so I have to come here to find you, the president."
Lee Jung-jae sneered, "I have nothing to talk to you!" Then he turned to the prison guard and said, "Turn him out, I don't want to talk to this person!"
But what surprised him was that the prison guards around him seemed to have not heard of it.
Liu Ming watched TV seriously and said with a smile: "Did President Li want to wait for the president's amnesty order?"
Lee Jung-jae was shocked, "What does this have to do with you?"
"Of course there is no more. I am just an ordinary Chinese citizen. But I heard that the popular gentleman Song Junyong has not had a good reputation recently."
"Um?"
"I heard that he has a rather weird habit and his private life is too chaotic. The biggest problem is that he is also a photography enthusiast and likes to record certain special moments with images. You say, at this time, if voters find their president, such a person, what would they do?"
Lee Jung-jae only realized that Song Jun-yong on TV had a smile, but his face was pale. In the real-time vote counting statistics, Song Jun-yong was far behind by Lee Ningbo, only ranked fourth.
"How is that possible!?"
Lee Jung-jae controls a large number of media resources, including portals and forums, and is very sensitive to public opinion. He will intercept all the black materials related to Song Jun-yong. This is the basis for his promise of being highly regarded by Song Jun-yong and proactively giving him a pardon.
"Oh, I forgot to tell you that the Leyun Convenience Store at your doorstep has now been renamed, and it is called Today's Convenience Store..."
Lee Jung-jae took a deep breath and instantly figured out what Liu Ming meant.
Nearly a thousand convenience stores spread all over Nan Goryeo are the inseparable places for the daily lives of the people in Nan Goryeo. Liu Ming only needs to sandwich the publicity that is not conducive to Song Junyong into the convenience store discount page to form a large-scale publicity nationwide.
Liu Ming carefully checked several CDs that Song Yunxi took the risk. Although there was no evidence of Song Junyong's direct corruption, he faithfully recorded the perverted hobbies of the presidential candidate, forcing several women to act with him. He beat, scolded and humiliated him a little unsatisfactory, and even had a large number of unspeakable actions. These images were circulated, which was enough to cause him to completely lose public expectations.
Lee Jung-jae thought of the fate he was about to face, and he was already sweating coldly at this time.
Liu Ming smiled and said, "President Li, your cell is too small. Someone suggested that the warden change you a more spacious one. Well, it is the 20-person large bed room in the front yard!"
Lee Jung-jae glared at him, "Don't bully people too much!" Before he could pounce on him, several prison guards pressed him on the spot.
Liu Ming smiled, "I'm saying that your sentence will be extended to 15 years now. You may not believe it. You should come and talk to you in person after Mayor Li participates in the election. In addition, I will remember the scolding of me in my heart. Take him away, and the visit is over!"
"Hu, Hu, what is your purpose?"
Liu Ming didn't say anything, but just watched Lee Jung-jae being taken to the front yard coldly.
Chapter completed!