Chapter 592
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Some people call these international bankers "gamblers" and others call them "speculators". In fact, it is not entirely correct to call them, whether gamblers or speculators.
They have the characteristics of gamblers and speculators, but they are not complete.
They don't gamble with a probability of one in ten thousand like gamblers. They are not so crazy. They pursue eternal interests, while crazy gamblers pursue the thrill of adrenaline surging at the moment of flop, stepping into hell with one foot, grasping heaven with one hand and waiting for the final judgment, a fatal thrill.
They are not like complete speculators. Although speculators do the same things as them and pursue eternal interests, speculators are calmer than them. Speculators don't do nothing and know nothing before speculation, and then throw their bets anywhere.
In fact, they will do a lot of detailed work before this. They just want to exchange the least money for the greatest return. This is not that you know that it is almost impossible to gamble one ten thousandth of the chance.
They combine the characteristics of the two, but they are different from the two. They go further than speculators and are not as radical as gamblers. It seems that these are some very contradictory people, but they grasp what the former does not have, that is, the means to control off-site factors.
Now, these off-site means have failed, and they begin to become panic. They are not as free and easy as gamblers in the face of failure, nor as indifferent as speculators in the face of failure. They are very panic, even very panic!
They clearly realize a problem. If all this is Lynch's means, or Lynch has made such a decision and plan at the beginning, then each of them has been fooled and severely fooled!
Next, they consider whether Lynch has prepared other means to deal with them after these things?
Or tear some from them to fill Lynch's terrible appetite. At this time, Mr. Herbers no longer dared to underestimate Lynch, so he put forward a view that should not have been said by him - at least we won a lot of exchange rates.
This is the only good news after a bad news, and it is also good news that can make people feel a little relieved.
They no longer pursue that they can swallow Lynch's batch of bonds, and the plan of retreating for the second time will be performed in good accordance with the contract. They will not ask Lynch for interest. They just hope that Lynch can smoothly send back the money borrowed from them at that time.
Then they also have huge profits. Even if they don't achieve the ultimate goal, they also make a lot of money.
"I have a copy of the contract here. Maybe we should look at the contract again!" Herbert volunteered to mention it, and then asked the housekeeper to take out the copy of the contract from the safe in the harmony of others.
It's just a copy. The original was kept in the safe of the Federal Financial Regulatory Commission. For example, loans and mortgages at this level have already had the basis of killing people and stealing goods to a certain extent.
So neither Lynch nor Mr. Herbers thought about taking these contracts with them. They all kept the contracts in the official federal agency.
As the largest regulatory authority in the federal financial field, they also have corresponding services, and the service fee is not low.
The copy of the contract was quickly taken out. They were divided into many copies. Everyone was looking at it carefully. Since their career was successful, they had not read a boring contract line by line and word by word for a long time.
It doesn't matter if you don't read it. Once you read it, it's all a problem.
Then they all connected their private lawyers by teleconference.
It is a huge group. The business of every international banker may involve people of different countries and classes. Naturally, they must have lawyers who are familiar with the laws and national conditions of these countries.
This time they mainly found gavra's lawyers, federal lawyers and some neutral lawyers.
The reason why we need lawyers from neutral countries is very simple. They are still thinking about whether it is possible to use their means beyond gamblers and speculators - off-site factors to interfere with the outcome of judicial proceedings.
For example, they can lodge a protest to the Federation, think that holding a court session in the Federation is not conducive to them, foreign businessmen, and request that the case be transferred to neutral countries and international courts where they have the ability to intervene, so their chances of winning will greatly increase.
In the past, they have won many victories through this means, so this time they are also considering whether they can do so.
As for the problems in the contract... They are mostly mutual and equal breach clauses.
For example, in case of actual breach of contract by either party, liquidated damages shall be paid according to 1% of the total contract price multiplied by the number of days of actual breach of contract.
This breach clause is actually found in many contracts, from buying and selling houses to buying and selling financial products.
I didn't think there was anything before. Now these people vaguely feel that this may be a trap.
"Mr. Herbers, I just looked through the relevant federal legal documents, in which the benchmark of liquidated damages is mainly the collateral. In other words, if Mr. Lynch defaults in this loan, he needs to pay the liquidated damages not based on the currency market value of the actual loan, but based on the value of the collateral at the time of loan The basis of calculation. "
"Moreover, this kind of creditor's rights product has a value roughly equivalent to currency. As long as gavra's official does not publicly declare to abolish the exchange power of these bonds, or publicly declare to support the exchange only in a certain proportion of the face value of the bonds, we will take the face value of the bonds as the actual value."
"In other words, once one of you defaults, the amount will be paid on the basis of Mr. Lynch's war bonds with a face value of 94.45 million federal sol, and the daily liquidated damages will be 944500 federal sol."
When he heard this, Mr. Herbert's hand had begun to shake. He tried to keep his mood stable. He was afraid that his unstable mood would affect others. He repressed his mood and asked in a low voice, "under what circumstances would I cause a breach of contract?"
After all, he only heard about the default of the borrower, but never heard of the default of the lender. He asked again and again.
"If you ask for early recovery of this part of the payment before the termination date of the contract, you can count the number of days in breach of contract as the number of days before the date of termination of the contract."
The lawyer said as if joking, "for example, you have to recover this part of the money now. Now it is 110 days from the termination date of this contract. According to the provisions of the contract, you not only can't get a penny, but also pay Mr. Lynch about 10 million federal sol as liquidated damages..."
The lawyer didn't know that his joke almost broke Mr. Herbers's pretended calm. He held his civilization stick tightly and his hands overlapped, which made him look less frightened.
"This joke is not very funny, so let's discuss the second clause that I don't think is appropriate..."
Throughout the day, a group of people were around the contract to discuss whether the terms were in line with their expected interests and whether they did too much harm to them.
In the end, they picked out some clauses that may have laid a trap. In addition to the problem of liquidated damages, there are other small problems, such as the method of payment and how to confirm effectively.
In the end, Mr. Herbers asked the huge lawyers from all over the world a question he was most concerned about, "gentlemen, suppose we have some differences in this contract, and finally we intend to seek a solution through litigation, do we have a way to transfer its power to other international courts as in the past?"
After a short discussion, the lawyers came to a bad conclusion, "I'm sorry, Mr. Herbers, we don't think it's likely to happen."
"The first point is that the contract is signed in nagariel and executed in the Federation. If you want to transfer the case from the Bailey Federation to other international courts, you must first convince these two countries to agree with you."
"But from the current situation, this is almost impossible."
"Regardless of the impact of the joint development company of nagary on the domestic judicial system of this country, just the parallel of their two sets of laws will bring great trouble to the next litigation."
"Secondly, the Federation has become the world's first-class military power, and they have also shown an unprecedented tough attitude in opening up international affairs. We all think it is impossible for them to agree to our requirements, and Mr. Lynch has a very close relationship with the senior level of the Federation, and he will obstruct it."
"I don't think your idea will come true."
Mr. Herbers pursed his lips. "I mean, what if it's possible?"
He will work hard. He also knows many people in the Baylor Federation. He may not have no chance to change this situation, so he stressed that what if it is possible?
But lawyers don't think so. "There's no possibility, Mr. Herbers."
Herbert's mood has been a little out of control. He tries to give himself some good news that may come true, but these lawyers always disappoint him!
His voice suddenly rose a lot. "I mean, what if, what if it's possible?"
"As an employee, I'd like to tell you that there is a chance, but as a lawyer, I must tell you that you don't have this one in ten thousand chance, Mr. Herbers."
"We can't let you immerse yourself in an impossible false illusion and wait for danger. If you think it's valuable and effective, you might as well consider it. Wouldn't it be better if these things would start and end as you originally thought?"
Mr. Herbers was told by the lawyer that he couldn't speak for a long time. He realized that this might be the stupidest decision of his life!
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Some people call these international bankers "gamblers" and others call them "speculators". In fact, it is not entirely correct to call them, whether gamblers or speculators.
They have the characteristics of gamblers and speculators, but they are not complete.
They don't gamble with a probability of one in ten thousand like gamblers. They are not so crazy. They pursue eternal interests, while crazy gamblers pursue the thrill of adrenaline surging at the moment of flop, stepping into hell with one foot, grasping heaven with one hand and waiting for the final judgment, a fatal thrill.
They are not like complete speculators. Although speculators do the same things as them and pursue eternal interests, speculators are calmer than them. Speculators don't do nothing and know nothing before speculation, and then throw their bets anywhere.
In fact, they will do a lot of detailed work before this. They just want to exchange the least money for the greatest return. This is not that you know that it is almost impossible to gamble one ten thousandth of the chance.
They combine the characteristics of the two, but they are different from the two. They go further than speculators and are not as radical as gamblers. It seems that these are some very contradictory people, but they grasp what the former does not have, that is, the means to control off-site factors.
Now, these off-site means have failed, and they begin to become panic. They are not as free and easy as gamblers in the face of failure, nor as indifferent as speculators in the face of failure. They are very panic, even very panic!
They clearly realize a problem. If all this is Lynch's means, or Lynch has made such a decision and plan at the beginning, then each of them has been fooled and severely fooled!
Next, they consider whether Lynch has prepared other means to deal with them after these things?
Or tear some from them to fill Lynch's terrible appetite. At this time, Mr. Herbers no longer dared to underestimate Lynch, so he put forward a view that should not have been said by him - at least we won a lot of exchange rates.
This is the only good news after a bad news, and it is also good news that can make people feel a little relieved.
They no longer pursue that they can swallow Lynch's batch of bonds, and the plan of retreating for the second time will be performed in good accordance with the contract. They will not ask Lynch for interest. They just hope that Lynch can smoothly send back the money borrowed from them at that time.
Then they also have huge profits. Even if they don't achieve the ultimate goal, they also make a lot of money.
"I have a copy of the contract here. Maybe we should look at the contract again!" Herbert volunteered to mention it, and then asked the housekeeper to take out the copy of the contract from the safe in the harmony of others.
It's just a copy. The original was kept in the safe of the Federal Financial Regulatory Commission. For example, loans and mortgages at this level have already had the basis of killing people and stealing goods to a certain extent.
So neither Lynch nor Mr. Herbers thought about taking these contracts with them. They all kept the contracts in the official federal agency.
As the largest regulatory authority in the federal financial field, they also have corresponding services, and the service fee is not low.
The copy of the contract was quickly taken out. They were divided into many copies. Everyone was looking at it carefully. Since their career was successful, they had not read a boring contract line by line and word by word for a long time.
It doesn't matter if you don't read it. Once you read it, it's all a problem.
Then they all connected their private lawyers by teleconference.
It is a huge group. The business of every international banker may involve people of different countries and classes. Naturally, they must have lawyers who are familiar with the laws and national conditions of these countries.
This time they mainly found gavra's lawyers, federal lawyers and some neutral lawyers.
The reason why we need lawyers from neutral countries is very simple. They are still thinking about whether it is possible to use their means beyond gamblers and speculators - off-site factors to interfere with the outcome of judicial proceedings.
For example, they can lodge a protest to the Federation, think that holding a court session in the Federation is not conducive to them, foreign businessmen, and request that the case be transferred to neutral countries and international courts where they have the ability to intervene, so their chances of winning will greatly increase.
In the past, they have won many victories through this means, so this time they are also considering whether they can do so.
As for the problems in the contract... They are mostly mutual and equal breach clauses.
For example, in case of actual breach of contract by either party, liquidated damages shall be paid according to 1% of the total contract price multiplied by the number of days of actual breach of contract.
This breach clause is actually found in many contracts, from buying and selling houses to buying and selling financial products.
I didn't think there was anything before. Now these people vaguely feel that this may be a trap.
"Mr. Herbers, I just looked through the relevant federal legal documents, in which the benchmark of liquidated damages is mainly the collateral. In other words, if Mr. Lynch defaults in this loan, he needs to pay the liquidated damages not based on the currency market value of the actual loan, but based on the value of the collateral at the time of loan The basis of calculation. "
"Moreover, this kind of creditor's rights product has a value roughly equivalent to currency. As long as gavra's official does not publicly declare to abolish the exchange power of these bonds, or publicly declare to support the exchange only in a certain proportion of the face value of the bonds, we will take the face value of the bonds as the actual value."
"In other words, once one of you defaults, the amount will be paid on the basis of Mr. Lynch's war bonds with a face value of 94.45 million federal sol, and the daily liquidated damages will be 944500 federal sol."
When he heard this, Mr. Herbert's hand had begun to shake. He tried to keep his mood stable. He was afraid that his unstable mood would affect others. He repressed his mood and asked in a low voice, "under what circumstances would I cause a breach of contract?"
After all, he only heard about the default of the borrower, but never heard of the default of the lender. He asked again and again.
"If you ask for early recovery of this part of the payment before the termination date of the contract, you can count the number of days in breach of contract as the number of days before the date of termination of the contract."
The lawyer said as if joking, "for example, you have to recover this part of the money now. Now it is 110 days from the termination date of this contract. According to the provisions of the contract, you not only can't get a penny, but also pay Mr. Lynch about 10 million federal sol as liquidated damages..."
The lawyer didn't know that his joke almost broke Mr. Herbers's pretended calm. He held his civilization stick tightly and his hands overlapped, which made him look less frightened.
"This joke is not very funny, so let's discuss the second clause that I don't think is appropriate..."
Throughout the day, a group of people were around the contract to discuss whether the terms were in line with their expected interests and whether they did too much harm to them.
In the end, they picked out some clauses that may have laid a trap. In addition to the problem of liquidated damages, there are other small problems, such as the method of payment and how to confirm effectively.
In the end, Mr. Herbers asked the huge lawyers from all over the world a question he was most concerned about, "gentlemen, suppose we have some differences in this contract, and finally we intend to seek a solution through litigation, do we have a way to transfer its power to other international courts as in the past?"
After a short discussion, the lawyers came to a bad conclusion, "I'm sorry, Mr. Herbers, we don't think it's likely to happen."
"The first point is that the contract is signed in nagariel and executed in the Federation. If you want to transfer the case from the Bailey Federation to other international courts, you must first convince these two countries to agree with you."
"But from the current situation, this is almost impossible."
"Regardless of the impact of the joint development company of nagary on the domestic judicial system of this country, just the parallel of their two sets of laws will bring great trouble to the next litigation."
"Secondly, the Federation has become the world's first-class military power, and they have also shown an unprecedented tough attitude in opening up international affairs. We all think it is impossible for them to agree to our requirements, and Mr. Lynch has a very close relationship with the senior level of the Federation, and he will obstruct it."
"I don't think your idea will come true."
Mr. Herbers pursed his lips. "I mean, what if it's possible?"
He will work hard. He also knows many people in the Baylor Federation. He may not have no chance to change this situation, so he stressed that what if it is possible?
But lawyers don't think so. "There's no possibility, Mr. Herbers."
Herbert's mood has been a little out of control. He tries to give himself some good news that may come true, but these lawyers always disappoint him!
His voice suddenly rose a lot. "I mean, what if, what if it's possible?"
"As an employee, I'd like to tell you that there is a chance, but as a lawyer, I must tell you that you don't have this one in ten thousand chance, Mr. Herbers."
"We can't let you immerse yourself in an impossible false illusion and wait for danger. If you think it's valuable and effective, you might as well consider it. Wouldn't it be better if these things would start and end as you originally thought?"
Mr. Herbers was told by the lawyer that he couldn't speak for a long time. He realized that this might be the stupidest decision of his life!
Some people call these international bankers "gamblers" and others call them "speculators". In fact, it is not entirely correct to call them, whether gamblers or speculators.They have the characteristics of gamblers and speculators, but they are not complete.They don't gamble with a probability of one in ten thousand like gamblers. They are not so crazy. They pursue eternal interests, while crazy gamblers pursue the thrill of adrenaline surging at the moment of flop, stepping into hell with one foot, grasping heaven with one hand and waiting for the final judgment, a fatal thrill.They are not like complete speculators. Although speculators do the same things as them and pursue eternal interests, speculators are calmer than them. Speculators don't do nothing and know nothing before speculation, and then throw their bets anywhere.In fact, they will do a lot of detailed work before this. They just want to exchange the least money for the greatest return. This is not that you know that it is almost impossible to gamble one ten thousandth of the chance.They combine the characteristics of the two, but they are different from the two. They go further than speculators and are not as radical as gamblers. It seems that these are some very contradictory people, but they grasp what the former does not have, that is, the means to control off-site factors.Now, these off-site means have failed, and they begin to become panic. They are not as free and easy as gamblers in the face of failure, nor as indifferent as speculators in the face of failure. They are very panic, even very panic!They clearly realize a problem. If all this is Lynch's means, or Lynch has made such a decision and plan at the beginning, then each of them has been fooled and severely fooled!Next, they consider whether Lynch has prepared other means to deal with them after these things?Or tear some from them to fill Lynch's terrible appetite. At this time, Mr. Herbers no longer dared to underestimate Lynch, so he put forward a view that should not have been said by him - at least we won a lot of exchange rates.This is the only good news after a bad news, and it is also good news that can make people feel a little relieved.They no longer pursue that they can swallow Lynch's batch of bonds, and the plan of retreating for the second time will be performed in good accordance with the contract. They will not ask Lynch for interest. They just hope that Lynch can smoothly send back the money borrowed from them at that time.Then they also have huge profits. Even if they don't achieve the ultimate goal, they also make a lot of money."I have a copy of the contract here. Maybe we should look at the contract again!" Herbert volunteered to mention it, and then asked the housekeeper to take out the copy of the contract from the safe in the harmony of others.It's just a copy. The original was kept in the safe of the Federal Financial Regulatory Commission. For example, loans and mortgages at this level have already had the basis of killing people and stealing goods to a certain extent.So neither Lynch nor Mr. Herbers thought about taking these contracts with them. They all kept the contracts in the official federal agency.As the largest regulatory authority in the federal financial field, they also have corresponding services, and the service fee is not low.The copy of the contract was quickly taken out. They were divided into many copies. Everyone was looking at it carefully. Since their career was successful, they had not read a boring contract line by line and word by word for a long time.It doesn't matter if you don't read it. Once you read it, it's all a problem.Then they all connected their private lawyers by teleconference.It is a huge group. The business of every international banker may involve people of different countries and classes. Naturally, they must have lawyers who are familiar with the laws and national conditions of these countries.This time they mainly found gavra's lawyers, federal lawyers and some neutral lawyers.The reason why we need lawyers from neutral countries is very simple. They are still thinking about whether it is possible to use their means beyond gamblers and speculators - off-site factors to interfere with the outcome of judicial proceedings.For example, they can lodge a protest to the Federation, think that holding a court session in the Federation is not conducive to them, foreign businessmen, and request that the case be transferred to neutral countries and international courts where they have the ability to intervene, so their chances of winning will greatly increase.In the past, they have won many victories through this means, so this time they are also considering whether they can do so.As for the problems in the contract... They are mostly mutual and equal breach clauses.For example, in case of actual breach of contract by either party, liquidated damages shall be paid according to 1% of the total contract price multiplied by the number of days of actual breach of contract.This breach clause is actually found in many contracts, from buying and selling houses to buying and selling financial products.I didn't think there was anything before. Now these people vaguely feel that this may be a trap."Mr. Herbers, I just looked through the relevant federal legal documents, in which the benchmark of liquidated damages is mainly the collateral. In other words, if Mr. Lynch defaults in this loan, he needs to pay the liquidated damages not based on the currency market value of the actual loan, but based on the value of the collateral at the time of loan The basis of calculation. ""Moreover, this kind of creditor's rights product has a value roughly equivalent to currency. As long as gavra's official does not publicly declare to abolish the exchange power of these bonds, or publicly declare to support the exchange only in a certain proportion of the face value of the bonds, we will take the face value of the bonds as the actual value.""In other words, once one of you defaults, the amount will be paid on the basis of Mr. Lynch's war bonds with a face value of 94.45 million federal sol, and the daily liquidated damages will be 944500 federal sol."When he heard this, Mr. Herbert's hand had begun to shake. He tried to keep his mood stable. He was afraid that his unstable mood would affect others. He repressed his mood and asked in a low voice, "under what circumstances would I cause a breach of contract?"After all, he only heard about the default of the borrower, but never heard of the default of the lender. He asked again and again."If you ask for early recovery of this part of the payment before the termination date of the contract, you can count the number of days in breach of contract as the number of days before the date of termination of the contract."The lawyer said as if joking, "for example, you have to recover this part of the money now. Now it is 110 days from the termination date of this contract. According to the provisions of the contract, you not only can't get a penny, but also pay Mr. Lynch about 10 million federal sol as liquidated damages..."The lawyer didn't know that his joke almost broke Mr. Herbers's pretended calm. He held his civilization stick tightly and his hands overlapped, which made him look less frightened."This joke is not very funny, so let's discuss the second clause that I don't think is appropriate..."Throughout the day, a group of people were around the contract to discuss whether the terms were in line with their expected interests and whether they did too much harm to them.In the end, they picked out some clauses that may have laid a trap. In addition to the problem of liquidated damages, there are other small problems, such as the method of payment and how to confirm effectively.In the end, Mr. Herbers asked the huge lawyers from all over the world a question he was most concerned about, "gentlemen, suppose we have some differences in this contract, and finally we intend to seek a solution through litigation, do we have a way to transfer its power to other international courts as in the past?"After a short discussion, the lawyers came to a bad conclusion, "I'm sorry, Mr. Herbers, we don't think it's likely to happen.""The first point is that the contract is signed in nagariel and executed in the Federation. If you want to transfer the case from the Bailey Federation to other international courts, you must first convince these two countries to agree with you.""But from the current situation, this is almost impossible.""Regardless of the impact of the joint development company of nagary on the domestic judicial system of this country, just the parallel of their two sets of laws will bring great trouble to the next litigation.""Secondly, the Federation has become the world's first-class military power, and they have also shown an unprecedented tough attitude in opening up international affairs. We all think it is impossible for them to agree to our requirements, and Mr. Lynch has a very close relationship with the senior level of the Federation, and he will obstruct it.""I don't think your idea will come true."Mr. Herbers pursed his lips. "I mean, what if it's possible?"He will work hard. He also knows many people in the Baylor Federation. He may not have no chance to change this situation, so he stressed that what if it is possible?But lawyers don't think so. "There's no possibility, Mr. Herbers."Herbert's mood has been a little out of control. He tries to give himself some good news that may come true, but these lawyers always disappoint him!His voice suddenly rose a lot. "I mean, what if, what if it's possible?""As an employee, I'd like to tell you that there is a chance, but as a lawyer, I must tell you that you don't have this one in ten thousand chance, Mr. Herbers.""We can't let you immerse yourself in an impossible false illusion and wait for danger. If you think it's valuable and effective, you might as well consider it. Wouldn't it be better if these things would start and end as you originally thought?"Mr. Herbers was told by the lawyer that he couldn't speak for a long time. He realized that this might be the stupidest decision of his life!
