MTL - People Are In Tokyo, and the Peerless Raptors Are Also Afraid of Hatchets-Chapter 37 Planning Department

Next.

Naoto Nagano had nothing to do, so he began to understand what Iue Yoshida said. Through newspapers and some memories, he really let him sort out a lot of useful things.

In 1984, the Ministry of Finance and the U.S. Treasury jointly established the "RB USD/JPY Committee", through which the U.S. submitted several reports to Japan, provided comprehensive consultation, and guided the specific operation of financial opening.

And this committee ultimately helped Japan promote the internationalization of the yen.

With the signing of the JPY/USD agreement, the Japanese financial market has opened up, mainly including interest rate liberalization, allowing foreign financial institutions to enter the RB and the currency market, promoting the internationalization of the yen, issuing international bonds, relaxing foreign exchange transactions, and relaxing restrictions on direct investment. Wait.

In April of the same year, Morgan Stanley established a Tokyo branch and granted a securities business license; in December, it opened the business of underwriting yen bonds to foreign institutions.

In 1985, the government issued the "Status and Prospects on Financial Liberalization and Yen Internationalization".

With the relaxation of international capital controls, the cost of local companies issuing bonds in overseas capital markets is lower than that of domestic companies, and the scale of funds obtained continues to expand. Under the pressure of competition, Tibet Province has to abolish the "standard for companies to issue bonds", which stipulates that no matter what Enterprises only need to obtain a credit rating from a credit rating company to issue corporate bonds.

In this context, the convenience of social financing conditions has pushed up the leverage ratio of the whole society. In addition, Japan is the largest creditor country of the United States. After the signing of the "Agreement", the exchange rate of the yen rose by more than 5% annually, and a large amount of hot money poured into the stock market, The real estate industry has brought a crazy rise.

In October 1987, Tibet Province announced the implementation of a series of financial liberalization measures such as margin financing and securities lending, and Morgan Stanley was the first to be approved for margin financing and securities lending.

Last year, that is, 1988, TOPIX futures and Nikkei225 futures were established, and foreign and domestic institutions were allowed to enter the market at the same time.

Sort these things out.

Naoo Nagano probably understood what Iue Yoshida said.

Obviously, in the eyes of Wall Street, the Tokyo Stock Exchange's TOPIX stock index futures and Osaka's Nikkei 225 stock index futures are both good short-selling tools.

But Wall Street got one important thing wrong.

If in other countries, with securities lending qualifications, Wall Street investment banks can sell securities from the market, and then profit from stock index futures and gambling agreements.

But Japan is different.

Japan's xenophobic nature is well known to the world. When it comes to the outside world, it is very united. The major financial groups have always been united in the same spirit.

The number of stocks in the market is limited. As long as they unite to monopolize the chips in the market, it is indeed impossible to go short.

Securities lending?

The chips are all in the hands of major life insurance and urban banks and consortiums. As long as they join hands and do not release them, no one will want to sell securities from the market. It is basically impossible to have an impact on the market with only those chips in the market.

That being said, Morgan and Solomon were not wronged to die.

to here.

Combined with the future he knew, Naoo Nagano understood why Goldman Sachs came up with another Nikkei put option.

No matter how strong the fortress is, it is always torn from the inside. In this absolutely controlled market, the only thing you can do to defeat your opponents is to make internal interests conflict.

Selling Nikkei put options to major insurance companies and central banks seems to be sending money, but it is equivalent to planting a seed of division.

Naoo Nagano felt that he had caught a faint line. In this case, in the eyes of Shengbao and Metropolitan Bank, Wall Street was estimated to be the image of a boy with loose money.

But all along, Japan is passively waiting for the prey to come to the door, and he can come up with more radical methods.

For example, the representative club took the initiative to talk to Goldman Sachs.

Then start from entering the Japanese life insurance internship!

the next day.

It's time to go to Japan for life insurance internship.

The so-called internship is completely different from the internship that Naoo Nagano understood before.

Internships in the usual sense are called trainees in Japan, which means cheap labor. They are often migrant workers from other countries, and there is basically no human rights to talk about.

Always do the dirtiest, heaviest work for the lowest pay.

Interns are of an experiential nature, usually only for one or two days, and most of them just participate in some seminars and the like.

Of course, no wages.

However, part-time work has been an activity since high school in Japan, so in order to retain outstanding talents, companies will provide bonuses to make up for the time loss of interns staying in the company.

Usually around 20,000 a day.

It seems that the club attaches great importance to Naoo Nagano, and the head of the head office, Oda Kishimoto, happened to come over and asked casually, "Have you thought about which department you want to serve in Nagano-kun?"

Such an ingenious encounter is definitely not a coincidence.

Naoo Nagano knew very well that the information he passed during the interview was combined into a password and the final answer was only one - the planning department.

Since Saiben Shengbao seems to value himself quite a lot, he doesn't need to express his meaning at all.

"Nagano is willing to obey all arrangements made by the Minister."

Oda Kishimoto was very satisfied with this answer.

Most of the young people are a little rude these days. He was a little worried about Nagano Nao's being arrogant, so he came to take a look. Since he understands the rules of the workplace, he doesn't need to deliberately suppress and cultivate.

"Nagano-kun's ability seems to be competent for any department, but the planning department seems more suitable."

"Thank you, my lord, and I will trouble you to take care of me in the future."

"Nagano-kun is very kind, I have always liked people like you very much."

Just like that, the planning director Gen Guang came over and got to know each other. Looking at Oda Kishimoto who was leaving, Naoo Nagano felt that he seemed to have become wiser.

Emotional intelligence is much higher than before.

The Planning Department has a total of twelve lessons, and responsibilities are divided according to different areas and business scopes.

Under the leadership of Yuan Guangrong, Naoo Nagano made a self-introduction, and then he bowed one by one and asked others to take care of him.

There were more than 20 people present, and they had to shout their names for a long time, not to mention bowing, but in the workplace, this kind of link is indispensable. After a set of operations, Naoto Nagano felt a little dizzy.

To be honest, this politeness of bowing when you don't understand is very uncomfortable.

But think about how hard money is to make, and how hard **** is to eat. It’s okay to call seniors and just bow.

To make money, eating **** is not shabby!

However, the class leaders present were very surprised. An intern who has not yet graduated would appear on such an occasion. The implication contained in it makes people feel nervous.

Obviously, the guy with the scar on the mouth in front of him is being trained as a class leader.

However, according to the workplace rules, you need at least five years of experience to be eligible to be a section leader.

How many years has it been since an intern came to this level of practice?

After all, the last person who participated in the section manager-level seminar as an intern was the head of the department, Oda Kishimoto.

The class leaders present looked at each other.

What is the origin of this guy? It won't be the illegitimate child of the president or the president!