Chapter 299: dicine that Listens to You Chapter 299: dicine that Listens to You Upon hearing this, Terry Garcia responds directly, “Then just give the clients their profits according to the original plan.”
Russell Gray has no choice but to explain concisely, “The company is currently facing a listing, so I cannot lose credibility. The funds clients redeem must be credited as scheduled, but at present, our company does not have much available capital to deal with this batch of old clients’ redemptions. If we default, it will cause a significant crisis.”
Even without Russell Gray’s explanation, Terry Garcia can understand the situation.
“How is there a shortage of funds in the account?” Terry Garcia couldn’t help but feel a headache coming on.
Russell Gray said, “Various expenses, plus the cash that was withdrawn when your company’s stock had issues a while ago, have left us short of funds, so…”
“You don’t have any solutions at all?”
“General Garcia, this ti we really can only rely on you. The company has already submitted its listing requirents, and it is currently under review, so we cannot reveal any problems at this ti, otherwise, all our previous efforts will be in vain.”
It must be said that this move directly hit Terry Garcia’s weak spot.
“Alright, I know!” Terry Garcia said before hanging up the phone.
Not long after the phone call, Terry Garcia’s other trusted special assistant walked in with a report, “General Garcia, these are the current conditions of the online financial company.”
Terry Garcia, already worried and angry about the situation, took the information and began to read it carefully.
The more he read, the more his brows furrowed; he hadn’t expected the deficit to be so severe.
“Where did our investnt money go? And the clients’ invested money? Where did it all go?” Terry Garcia said angrily.
The special assistant stood aside, bowing his head, not daring to speak.
“Tell , where did the money go?” Terry Garcia pointed at him and asked.
The special assistant had no choice but to reply with courage, “I don’t know if I’m right about this, but from what I see, this online finance business indeed raises money quickly, but the risks are even greater. Because the interest we give is several points higher than traditional banks, we take clients’ money to make other investnts, but so investnts fail, so investnts have not yielded returns, and so returns are even less than the profits we give to clients. When all these factors co together, the hidden risks naturally erge.”
“Why is it that none of our investnts have returns? Why?” Terry Garcia roared again.
Cold sweat constantly appeared on the forehead of the special assistant.
“General Garcia, I really don’t know about this, because those investnts are managed by people on that side.”
Terry Garcia clenched his fists and said murderously, “Go investigate it and tell them it’s my order. Don’t co back to see without finding a reason!”
“Yes, I’ll go right away.” After answering, the special assistant retreated quickly, not daring to stay for even a second with Terry Garcia in this state.
Terry Garcia felt an even greater headache. For years, he had been shifting money around to fill gaps. The group company itself was a big hole, and now the company he secretly established outside had an even bigger hole waiting for him to fill.
At this mont, the thought of giving up crossed his mind.
However, that thought was quickly suppressed. As long as the company goes public, all the holes can be resolved, but where should he get this money from now?
The face of Clara Brown appeared before Terry Garcia’s eyes…
Reviews
All reviews (0)