Rebirth: Return to 1991 to be the richest man

Chapter 2938 declares bankruptcy
"Diana, you go to the United States now. I want you to master all the information about Lincoln and Land Rover as soon as possible, so that we can carry out follow-up operations."

Laihu calmly ordered that the only person he could trust now was Diana.

"Okay Mr. President."

Diana's eyes lit up. This was the first time that her husband had let go and handed over his power to her.

It seems that this time the business war with Qiuhai Group will be a matter of life and death.

Either napc company's vitality will be seriously damaged, or Qiuhai Group will go bankrupt.

Diana knew this was her chance.

……

Bailey Group in the United States has recently slowed down its lending rate, which is not good news for major American companies.

Ford is currently facing an extremely serious crisis, as their stock price has shrunk by nearly half due to the exposure of the scandal.

Coupled with the short-selling tactics of stock god Butters, Ford was complaining endlessly.

At the Ford company's board of directors meeting, many people had ferocious expressions on their faces. They were sitting on chairs with a document in their hands.

"Everyone, this is a debt collection letter sent to us by the bank under the Bayley Group."

At this moment, Henry Ford's eyes flashed as he sat on the board of directors.

He is the real person in charge of Ford and generally does not show up easily.

Before the accident at Ford, he was still on vacation in the Maldives. However, as the scandal at Ford in Europe was exposed and the U.S. headquarters was attacked, he had to end his vacation early and return to the company.

Now except him, no one can take charge of the overall situation.

Upon Henry Ford's return, he received bad news. Bailey Bank sent them a bond letter, and the implications were too obvious.

This is a plan to collect debts. Even Bayley Bank believes that Ford is doomed this time and must collect US$150 billion in debt before Ford goes bankrupt.

"What's going on with Bayleigh Bank? How dare they collect debt from us?"

"Has Ford lost all of its credibility?"

"This matter was brought about by Han Kai and should be handled by Han Kai."

Many directors said with dissatisfaction that their wealth has shrunk by nearly half. Now Henry Ford has taken out this bond document and made it clear that he intends to hold them responsible.

Henry Ford looked at these shareholders coldly. When Ford was making money, they made a fortune in silence. Now that Ford is in trouble, they are all shirking their responsibilities.

Blame this, blame that.

I did it for a long time just because I didn’t want to take responsibility.

Looking at this scene, Henry Ford felt sad in his heart.

"Now that the debt letter from Bayley Bank has been sent, we must deal with this matter as soon as possible. Ford has been very kind to everyone over the years. When Ford is in crisis, I hope everyone can take the initiative to stand up. "

"As long as we can survive this hurdle, we can continue to make money in the future. If we can't survive this hurdle, everyone will be knocked back to their original shape."

Henry Ford said coldly.

As long as Ford remains standing, the people on this big ship can continue to move forward. Now that a big hole has been drilled out of the ship, someone has to sacrifice themselves to plug it.

However, everyone at the board meeting was silent.

"I have a question. In the original agreement we signed with Bayley Bank, the repayment date for this amount was clearly agreed upon. Why was it suddenly advanced?" someone asked curiously.

"Does Bailey Bank have no money anymore?"

This question seems very acute. Bailey Group is one of the largest consortiums in the United States. They have a huge amount of wealth. How could they attack Ford just because of a mere 150 billion.

Henry Ford shook his head, he already understood something.

"NAPC borrowed a huge sum of money from Bayley Bank, and they used the money to attack the stocks of our subsidiaries."

Upon hearing Henry Ford's words, the directors were all stunned.

"How is that possible! Isn't Napc our ally? Our Ford company helped them severely damage Expedia before. How could they backstab us?"

"They are just ignorant white-eyed wolves, how dare they do this!"

"It's all Han Kai's fault. Han Kai lured the wolf into the house. Now that Napc is targeting us like this, it is clearly adding insult to injury."

Everyone said one after another that they were very angry at Napc Company's behavior.

When NAPC and Ford jointly attacked Expedia, a subsidiary of the Qiuhai Group, Ford invested a lot of money. Unexpectedly, they were allies before, but at this critical moment, the allies Was the first to backstab.

This made everyone at Ford very unhappy.

"According to the latest information, someone already owns more than half of the stocks of Lincoln and Land Rover, and I guess it is napc."

"Their method of adding insult to injury is clearly to bring down us."

Henry Ford said coldly. He had met the husband from Napc Company several times. This South African capitalist has always had clever methods.

"Isn't the Dragon Fund buying our stocks?"

At this time, a director asked curiously.

"The Dragon Fund is also acquiring our stocks, but I believe they don't have the strength. It just so happens that Napc has mobilized a large amount of funds from Bayley Bank. By doing so, they can put Baylay Bank into financial difficulties and also put Baylay Bank into financial difficulties. Nedbank understands that they are going to take action against our Ford company, so Nedbank will initiate debt recovery in advance, which can be regarded as a heavy blow to us."

"This kind of method is indeed something that only NAPC can do."

Henry Ford said coldly that he didn't have the slightest fondness for Napc now. He also had interpersonal relationships in Bayley Bank. According to the inside information he knew, it was actually because Napc transferred a large amount of funds that Baylay Bank was Trapped in trouble.

Coupled with the fact that Ford is now facing such a big crisis, they can only collect debts in advance.

To put it bluntly, the root cause of everything is NAPC.

Without them, Ford might be able to hold on for a while, even if faced with Butters' short-selling tactics.

"Then what should we do now?"

"We are surrounded on all sides now."

Many directors frowned and said that they were facing too many external forces. Even if Ford was a giant in the automotive field, it could not stop the wolves at this moment.

They are like a piece of cake that everyone wants to take a bite of.

"Declare bankruptcy."

Henry Ford's eyes were downcast. The Ford Company was the brainchild of his father, but he never expected that it would fall to this level in his hands.

(End of this chapter)