On the day he left the production team, Qin Shou booked more than ten tables at the hotel where the production team was staying.
More than ten tables of people sat together drinking and chatting. The atmosphere was quite lively.
"President Qin, let me toast you.”
"President Qin is generous!"
"Thank you for your care, President Qin. I'll still take on more shows from Guangming Entertainment in the future.”
"Mighty President Qin!"
“………………”
The atmosphere was especially good.
Although these crew members liked to talk nonsense, they were not fools.
They were all working hard at the bottom of society, so they naturally understood what Qin Shou's identity meant to be able to film with them, treat them to a meal, and even arrange a hotel for them.
This showed that the coal boss really didn't look down on anyone.
Ordinary rich people, even if they deliberately pretended to be approachable, would still look down on ordinary people like them.
But Qin Shou did not.
He really did not put on airs at all. It was said that during the breaks between filming, he would chat with a group of stage props.
Just this alone proved his character.
No one would look down on the weak.
This was already a rare quality.
Of course.
Everyone knew that the boss of the coal mine was doing this because he wanted everyone to do their best for the movie.
But even so, they still felt that it was a great honor.
Qin Shou did not reject anyone. No matter who came to propose a toast to him, he would drink without hesitation.
Seeing these people pat their chests and promise that they would definitely cooperate in the future, he also smiled and nodded.
In fact.
In his previous life, he had been in Hengdian for decades. He knew better than anyone else that when it came to filming, after the filming was completed, it would be the end of the song.
No one had any feelings for this movie.
To her, this was an investment and a business.
To the director and the actors, this was a work of art. It was an emotion that was immersed in it.
However, for ordinary staff, this was just a month's work. After the film was completed, no one would be immersed in any feelings, because everyone had received their salary and had to do other work the day after tomorrow.
These behind-the-scenes staff were also humans, and they had to support their families.
Life wasn't just about poetry and distance. There was also the current situation, the parents, wife, and children at home.
Working to earn money, being busy all day, running around for a living, this was the daily portrait of ordinary people.
………………
After the meal, Qin Shou bid farewell to Zhao Liying and Yang Mi. He told Ning Hao to film in peace and then returned to Yanjing.
He had more important things to deal with.
It was already June, and there were less than two months left before the US mortgage crisis broke out.
Speaking of the mortgage crisis.
In his previous life, Qin Shou had even gone to investigate.
Back then, he had done a lot of research to film a movie similar to The Big Short.
The earliest cause of the sub-prime mortgage crisis was actually because after the dot-com bubble crisis in 2001, in order to expand consumption and stimulate the economy, the US implemented a home ownership policy for several years.
Moreover, the banks at that time drastically lowered interest rates and encouraged residents to buy houses. Even those without a fixed income could get a mortgage, which was also a sub-prime loan.
Due to the increase in the number of buyers, the property market in the United States was unprecedentedly prosperous, and house prices continued to rise.
Because of the rise in housing prices, the bank was not worried about the repayment ability of the borrowing party, because even if the borrowing party breached the contract, the bank could still take back the house and sell it for profit.
However, in order to spread the risk and obtain more returns, the loan bank would gather these loans together and form a new type of security to be packaged and sold. This was a form of asset securitizations.
The underwriters of these securitizations were investment banks, who sold these assets to qualified institutions and individuals. Some investment banks even used these CDOs as the basis to process various types of wealth management products, such as credit default swap and synthetic CDOs.
Due to the high returns of such products, they were very popular among organizational investors. They were even sold overseas and became foreign exchange reserves of other countries. Therefore, the scale of the risk had expanded by dozens of times and spread to the whole world.
It was also for this reason.
Once the economic environment was bad and those who bought houses could not afford the loans, those bonds would become a piece of waste paper.
According to the information that Qin Shou had asked Liu Zhong to investigate, since last year, there had been a continuous phenomenon of loan repayments in the United States.
In March of this year, JPM Chase officially announced the acquisition of Bear Stearns, the fifth-largest investment bank in the United States, for 240 million US dollars.
One had to know that this investment bank claimed to have 500 billion in assets.
The reason was simple.
Because if JPM didn't do anything, Bear Stearns would collapse and declare bankruptcy, which would be an irreversible financial collapse.
What Qin Shou wanted to do was similar to that of JPM Chase.
He was going to ruthlessly cut off the flesh of the Americans in this financial crisis!
This book comes from：m.funovel.com。