??Chapter 229: Chapter 120 Who’s Little Man is Angry_2
Chapter 229: Chapter 120 Who’s Little Man is Angry_2
The once thriving B-ll biotech investnt, suddenly no one would touch it overnight.
B-ll is a biotechnology concept related to stem cells, which can treat neurological diseases.
To be precise, B-ll can accurately induce stem cells to differentiate into various types of neurons, and although in vitro, it can replicate the complex neural conditions of the human body at almost a one-to-one ratio, almost like a miracle technique.
It has an extrely high accuracy rate for clinical drug trials, allowing pharmaceutical companies specializing in neurological diseases to observe the effects of drugs on the nervous system, thus developing the most suitable new drugs for these conditions.
Previously, a biotech company in Silicon Valley received hefty investnts due to this exclusive patent.
The patent was subsequently sublicensed to peers, and the company deployed its professionals. In no ti, it beca unparalleled in the lilight, with several stem cell biotech companies possessing the B-ll patent technology securing large investnts over ti. Magu Bank made the right decision early on, bridging these tech companies.
Thus, these tech companies deposited their funds with Magu, which amounted to several trillion in liquid assets, catapulting Magu Bank into the top ten banks in the world by total assets.
But now, the B-ll that these tech companies relied on for their existence was discovered to be fake.
The earliest literature cited for this patent was fabricated by a professor for the sake of securing tenure, from data to experintal details to research reports, most of it was fake and impossible to duplicate the sa data experintally.
The very first biotech company, also scheming to defraud money, crazily licensed out the patent, looking to abscond with the cash.
Magu Bank had not yet fully grasped what was going to happen. The tech companies were each frightened for their own survival, with ongoing projects that couldn’t be halted, they had no choice but to negotiate withdrawals with Magu, which had already invested their money in long-term bonds.
Denny couldn’t have imagined what he would be facing, simply spending his ti in indulgence, throwing distasteful parties.
A bikini-clad woman sat on him, as Denny, holding a Magu Bank check between his fingers, tempted her, “Strip off one piece in front of everyone, and this check for a hundred thousand dollars is yours.”
The woman was only wearing a bikini, but overseas, there were many who wore even less to sunbathe.
Moreover, she was a pornstar.
As the woman began untying the straps at her back, soone suddenly kicked over the beach chair Denny was sitting on from the side.
Knocked to the ground, the bikini-clad woman almost cried out.
Denny nearly lost his seat but managed to stabilize himself on the armrests and, once he steadied himself, looked up to see it was his father, David.
David, with a face full of rage, kicked the woman to make her roll away, and only after the surrounding people scattered in fright did he begin to speak, “I hear you’ve offended the director’s wife at Wen Bank.”
Denny took off his sunglasses, spreading his hands nonchalantly, “So what? Wen Bank’s total assets are almost a third less than ours, they should be apologizing to us, repenting for not letting
fully enjoy their wife.”
David mocked coldly, “Apologize to you? Wen has a longer history than us, and much greater international influence. Pick a ti to apologize.”
“Apologize? I was humiliated in front of so many people, why doesn’t Wen apologize to , are you my father? Or are you Wen’s father?” Denny stood up, clutching his sunglasses tightly.
David pointed at him, emphasizing each word, “You harassed soone’s wife!”
“When others harassed my mother, I didn’t see you get this upset, and now that I’m doing it, you have no right to interfere!” Denny shouted back.
“Do you want to wait for the other directors and shareholders to force you to apologize in China? By then it won’t be just
talking to you like this; they’ll have guns pointed at you and rcenaries escorting you there,” David said, his aging voice authoritative.
Denny mocked, “Unless Magu Bank goes bankrupt one day, that’s never going to happen. And Magu is one of the top ten in the world, thinking about bankruptcy’s next century’s problem,” as he picked up his jacket and strode off.
“Your mother taught you that apologizing in China ans kneeling. Buy a ticket to Shanghai imdiately, go kneel before that director’s wife at Wen, and beg them to spare Magu,” David insisted sharply, as if he had no other choice.
Denny challenged, “Why should I!”
David’s face turned red with anger, “Because today’s Silicon Valley tech scandal was leaked by Wen Bank. All because you harassed their wife, now they want to crush Magu, you idiot!”
“Wen dreaming of bringing down Magu is a joke; if a few news pieces could take down Magu, then I’ll go jump in the sea!” Denny, imperturbable, simply grabbed his coat and walked away.
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