The Kyoto Bubble Era: It Started with Selling Off Hundreds of Millions of Property

Chapter 281 The Most Expensive Bag of Potato Chips in History

The standards of such a press conference were already very grand, and the place was crowded with people and discussions. However, Nagano Sawamasa and Saito Ryoei, who were still handcuffed, had expressionless faces and lowered their heads in silence.

The police officer stood nearby, solemn and majestic. The prosecutors in formal suits were lined up in a row. The middle-aged man in the lead exchanged a few words with Masato Chino who was standing beside him. After talking to Morihiro Hosokawa, he winked at several police officers.

The police officers stepped off the stage to maintain order and quiet down the venue. They walked to the stage and officially announced the start of the press conference!

Kitahara Sosuke was eating melon seeds and watching the news, but felt that this was not good, so he stood up and dug out a bunch of snacks from the cabinet, tore open a bag of potato chips, and read while eating.

Naturally, it started with the old and familiar bow and apology.

First, several criminals confessed in low voices, then bowed at 90 degrees for 5 minutes to show their sincerity. After crying and repenting, two political figures, Chino Masato and Hosokawa Morihiro, continued to admit their mistakes, apologized to the people, and explained the whole story.

The four leading companies, Yamaichi Securities, Daishowa Paper, Hanwa Kogyo, and Mazda Motors, suffered extremely high loss rates, with a total loss of nearly 50 trillion yen. In addition to these book losses, they also deceived many banks and obtained many loans. , coupled with the later interest-free and low-interest aid loans and the public funds released by the government, their four clubs caused the people to lose nearly 70 trillion yen!

This also reflects from the side how pitiful the clubs on the so-called special financial support list are.

Now, it’s a question of who will take responsibility and who will take the blame.

The House of Representatives and the Senate of Congress cannot escape the blame, but they hold the greatest power and cannot take the blame. The biggest bearer is the Prime Minister's Cabinet.

Miyazawa Kiichi started blaming the Bank of Japan and the Ministry of Finance early on, but the latter two were unwilling to take over and were arguing with him. At the critical moment, the Nagano family betrayed him, which made Miyazawa Kiichi very distressed. At this point, things have changed. It's getting more and more complicated.

Today, the Tokyo District Prosecutors immediately announced that they would hold a press conference after catching the fugitive. They also specially called two heavyweight political figures to explain that there was a deeper inside story to the matter.

Chino Masato felt something bad in his heart. Looking at Hosokawa Morihi who seemed to have a chance of winning, the ominous premonition in his heart became even stronger.

The person in charge of the Tokyo Prefectural Prosecutor's Office came on stage, took over the floor, and said in a deep voice: "Everyone here and the citizens in front of the TV, I am Ichiro Akutagawa, the head of the Tokyo Prefectural Prosecutor's Office. As the chief of the pursuit this time, I The commander, contrary to popular expectations, arrested several financial criminals. Taking this opportunity, I would also like to announce the results of the investigation to you."

At this point, he paused.

"After investigation and verification by the Tokyo District Prosecutors' Office, Yamaichi Securities provided illegal funds to the General House for it to conduct a series of illegal financial activities. The areas involved were mainly in Kyoto, followed by Tokyo and Nagoya, and the amount involved was as high as 18.92 trillion yen! At the same time, The investigation also confirmed that the Prime Minister and Cabinet concealed the hidden debt information of Shanyi Securities! In this regard, we will initiate a lawsuit against the Prime Minister and Cabinet within a few days!"

As soon as these words came out, the whole place fell silent.

What is the General House?

General House: the original meaning is a society, club, or group.

The Japanese Association House is a huge social group in Japan, similar to the Yamaguchi-gumi.

They are also called shareholders meeting sabotage experts.

Because their daily job is to go to various shareholder meetings to cause trouble and force the meetings to make decisions that benefit them.

The core practice of the association is to obtain shareholder status by holding a small number of shares in listed companies, specifically disrupting shareholder meetings and preventing other shareholders from exercising their rights, and then extorting money from other shareholders.

Because of the extraordinary status of shareholders, when a certain number of shareholders are members of the general house, it will be difficult for the club's board of directors to fully implement the resolutions, and some strange resolutions will often be proposed, and good resolutions will be vetoed. After a while, the club will be in trouble. Problem, but they cannot eliminate these legally recognized bad shareholders.

After all, shareholders who hold shares in a club should put the interests of the club first. After all, the interests of the club are their interests!

However, the General House does the opposite and disrupts other people's efforts to make money in order to pursue their own interests.

This kind of people are very hateful and have a very bad reputation in the financial world. They are the only group that is hated by any club.

And Yamaichi Securities actually provides financial assistance to such people. In a sense, they are not only involved in corporate actions that are difficult for the public to support, but also fund these illegal, criminal, disgusting bastards!

Collusion with the General House is a more serious crime than Shintaro Abe's collusion with the Yamaguchi-gumi!

Because this is intolerable behavior from top to bottom.

As soon as this incident was exposed, the golden brand name of Shanyi Securities, which had been operating for a century, was suddenly shattered. The people were sighing, and Shanyi's label would also become a shame and be remembered by others.

This is why Kitahara Sosuke completely gave up on Yamaichi when he planned to develop the core securities company.

He can absorb these bankrupt and reorganized societies and use novel ideas and funds to revive them, but only if they are not deeply hated by the people.

The incident in the general office was exposed, and the reputation of Shanyi Securities was completely ruined. As long as you have worked there, it will probably be like a crime in the future. There is a stain on your resume, and no one will dare to ask for it.

Its employees violated the most basic professional ethics of a financial practitioner, and their consciences were eaten by dogs! No matter how strong their abilities are and how strong their connections are, no one else will want them!

This kind of club has actually died out. Kitahara Sosuke used it to pay the bills, which is unnecessary.

Anyway, after the financial catastrophe, no one can survive alone. He has many opportunities to acquire, including Shanyi Securities.

And Chino Masato, who had included it in the special financial support list approved by Congress, turned pale, knowing that he had completely fallen into a big trap.

The Prime Minister and his cabinet, who also perjured themselves, are also in sh*t and cannot explain clearly.

Now no one wants to have anything to do with Shanyi Securities.

In front of the TV, Uchida Hiroshi was still frightened. Fortunately, his daughter got divorced early, completely announced the severance of all relations, and fell into the arms of Kitahara Sosuke!

Otherwise, if Nissho Iwai is already hated by the nation for the Tokyo Juliana project, if it happens again, he might as well stop doing it.

He couldn't help but think more highly of the young man who was confident about everything.

"I hope that Minister Chino, who has been involved a lot in this matter, can give a precise explanation. The list of special financial support you submitted is very different from the list of new supported industries submitted by His Excellency Morihiro Hosokawa. In this regard, are you and the Chino family involved? What about the issue of Yamaichi Securities? You should be able to give an explanation in front of all the people, right?"

This is forced palace!

Chino Masato raised his head and looked sharply at the camera. He could feel the meaning in a certain look in front of the TV.

Kitahara Sosuke cracked melon seeds and smiled without saying a word.

How would his father-in-law respond?

He was curious.

After a long silence, Masato Chino stepped forward, picked up the microphone, and said in a sad and decisive tone: "I have a responsibility that I cannot shirk in this matter, and I am willing to shoulder it!"

He took the responsibility on himself and cleared the relationship between the Prime Minister and the Cabinet!

Do they think they can still arm-wrestle with themselves on this matter?

Kitahara Sosuke spit out the melon seed shell, his smile gradually turned cold, and there was a knock on the door.

"Please come in, the door is unlocked."

Tao Taro walked in.

"What's going on? President."

"Vice President Kitahara! Please help the Kyoto Branch overcome this difficulty! I agree to all your requests!"

Kitahara Sosuke smiled and looked at the TV. On it, Hosokawa Morihi began to vigorously promote his campaign, discrediting the Miyazawa cabinet while building momentum for himself.

At the same time, he also began to vigorously promote the new three pillar industries that he was extremely optimistic about!

Entertainment, services, high technology!

Will this troika be the new driving force for future national economic development?

No one is sure.

But at least everyone has understood that the real industry no longer believes in it, and the clubs they believe in have astonishingly huge problems!

Kitahara Sosuke glanced at Taotaro and threw a bag of potato chips.

"Eat it. After you finish eating, I promise you."

The potato chip bag fell from his head and hit the ground with a clattering sound. Taotaro immediately bent down to pick it up, tear it open, and devour it.

This is the most expensive bag of potato chips he has ever eaten!

Chapter 291/634
45.90%
The Kyoto Bubble Era: It Started with Selling Off Hundreds of Millions of PropertyCh.291/634 [45.90%]