Free Web NovelChapter 897: Chapter 368: The First of All Sins (Part 2)
Han Lie couldn’t help but sneer secretly: As expected, a dog can’t change its habit of eating shit.
Gao Diaomao’s idea can’t be said to be entirely unfeasible; in fact, there’s a hope of success.
But this is precisely the gap in approach between him and Han Lie.
Han Lie’s method is essentially putting benefits on the table, legal and compliant, allowing the state enterprise leaders to bear no risk, only gaining political achievements and personal connections, without taking personal benefits.
If by chance, something goes wrong in the future leading to the project being investigated, a claim of regulatory oversight can easily pass.
The decision is a collective one, no individual takes a penny, very stable.
All other processes are handled according to this approach.
For instance, the trust institution providing credit enhancement can claim innocence at that time: "We saw a brother unit put up the money, didn’t think much, and followed suit... surely it’s our lax regulation, insufficient caution in risk control, I’ll reflect!"
All related parties bear blame, but no individual takes the brunt.
Pressure is shared by everyone.
Thus, the project itself only has one issue left of "maliciously inflating valuation", as long as there’s active refunding to settle principal and interest, it’s highly unlikely to be scrutinized deeply. freewebnσvel.cѳm
By then, likely the project would be completed, and Gao Yuan Real Estate would have practically used a 1 billion plot to obtain a 2 billion development fund, smoothly overcoming the crisis.
Real players would surely choose this method.
Skirting the edge, but not going overboard.
Using the time lag instead of maliciously defaulting.
As long as there’s no breakdown in the funding chain, similar tactics can even be played perpetually.
Of course, a smart person would definitely withdraw in time—I’m using other people’s money to mess with the most profitable real estate, doubling the scale annually, as long as I’m not too greedy, I can amass a hundredfold wealth in a few years.
At that time, steadily pull back, drink big bowls of wine and divide gold with the great brothers, isn’t that satisfying?!
These recent years, extra liquidity from the financial industry has always flowed into real estate, and the speed at which real estate developers make money is faster than a rocket, this is the main reason.
With 20 million capital, casually buying a piece of land can leverage a project worth 100 million, then doing some flashy maneuvers, pulling out 300 million to roll over.
In reality, the net profit rate after deducting various costs might only be 20%.
But 20% of 300 million is 60 million, equivalent to tripling wealth in one year.
Now do you understand why all domestic real estate groups want to set up their own financial departments?
...
If Han Lie’s method is the kingly way, then Gao Diaomao’s method is the sinister way.
He’s still immersed in that old-school thinking from years ago, not realizing there are really not many smart people playing that set now.
Taking bribes has been a red line in recent years, with risks not on the same level as skirting the edge.
Operating like that, if one person along the line has a problem, it ends up in disaster.
It seems like saving costs, making friends, building a shared core interest circle, giving oneself protection, but actually placing oneself in an extremely disadvantageous position.
Handing your fate into others’ hands, hoping the national law treats you differently, no wise person would ever do it.
Han Lie would absolutely never engage in such activities, too foolish.
But Gao Diaomao is different, he’s always benefited from similar methods in the past, forming a mindset and path dependency—simply put, a dog can’t change its habit of eating shit.
If Han Lie weren’t involved in this project, he’d even happily encourage Gao Diaomao to mess around.
At a critical moment with one report, send your whole family inside sewing machines to eat cornbread, why not do it?
But now it can’t be done, he can’t guide Gao Diaomao to do that, mainly because he can’t extricate himself either.
"President Gao..."
Han Lie pretended to be kind in a serious and heartfelt manner.
"I don’t know how you used to do things, but now it’s a new era...
Only considering cost, not considering risk-reward ratios?!
In our financial industry, ripping off small investors is a traditional skill, to legally and compliantly make money, that’s called capability.
Messing around unreasonably and illegally will lead to big problems!
You’re my business partner, anyone who can help me is my friend, I’d rather earn less, even not earn, than harm partners and friends!
I, Han Lie, value reputation doing things, doing things with integrity the most!
If you insist on going that route, take my apology but I won’t accompany you."
Gao Diaomao was looked at by Han Lie with that meaningful gaze, feeling both secure, anxious, and indignant.
Secure because Han Lie has a bottom line, high moral standards.
He genuinely feels Han Lie is foolish, not utilizing his advantages, but it doesn’t stop him from liking collaborating with such a person.
A gentleman can be deceived with uprightness.
Oh, by the way, Han Lie is cunning, not easy to deceive...
However, high moral standards and caution are always good, making cooperation more reassuring.
Anxiety is because he’s already paid a huge price to acquire shares of left and right arms, if Han Lie’s side doesn’t match up ultimately, the shares he acquired will become worthless.
Having already held more than 50% of shares, now close to 75%.
Why hold so many shares?!
Gao Diaomao spent all his liquidity to gather shares, hoping to pull Han Lie onto the bandwagon to acquire new low-cost financing channels.
If failed, the company would definitely collapse, bankruptcy is highly probable.
But Han Lie insists on using such high-cost regular methods for financing, isn’t this chaotic?!
And indignant because he has no way to deal with such a Han Lie.
