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Chapter 852 Building Collapse

Fabion Benavides is a rich man with a net worth of over 1 billion. He owns a business building and several factories, but that's all the time. The building collapsed faster than people imagined. When encountering trouble, even familiar bank managers can't solve it.

Another loan failure, Fabien returned home in a daze, not knowing what it felt like.

September 15th is a day that should be remembered.

That day, the Lehman brothers fell down, which made most of them feel uneasy.

Or, from that day on, factories shut down, layoffs, and suicides with unemployed people are becoming increasingly frequent.

The worst part of this link is that the originally safer assets will be undervalued when the holders are eager to find buyers; while the decline in the value of high-quality assets will further drive the decline of all assets.

In other words, a large number of industries are paying for the collapse of the financial market because those bosses are more or less in it.

Moreover, as one of the five major investment banks on Wall Street, Lehman Brothers has no need to say how widespread its business involves, and fear will aggravate the operation of the market.

Of course, Fabion is the one who suffered the same losses, especially because he couldn't get the cash, so he could hardly hold on.

In addition to his shrinking wealth, the high-quality assets he once had were able to go on strike because he could not pay workers' salaries. Without production, there would be no income. Coupled with the cost of investment, management expenses and other losses, he sucked his blood all the time.

Although he stood up repeatedly and always assured his employees that he would raise funds as much as possible, but he had been owed a month and a half and made a verbal commitment, it would be useless.

What's worse is that the clients who rented his building were unable to maintain it. They either requested grace or moved out directly. Because of the sluggish real estate, the new tenants were gone...

Fabien thought all night and went to the factory with his bloodshot eyes.

The factory has not started construction for a long time, and the workers, led by the union representatives, would rather stay than work, which made Fabian even more uncomfortable.

Of course, the workers didn't want to do this. In the past, they didn't feel that life would be so difficult. Although it was very hard to work at that time, they could get the reward they deserved. But now they are different. The reason why they don't quit their jobs and work in another place is because the surrounding factories are not much better.

Jobs are really decreasing...

And at this moment, Fabion finally told the financial staff his proposal first, and then there was inevitably a noise.

The sound stinged Fabian's nerves again, and he felt that his anger was almost uncontrollable.

In fact, it’s nothing. In order not to worsen the status quo, Fabien decided to shut down the factory from today. Not only the workshop workers have no work to do, but everyone stops doing it. When will the work resume, it depends on when he can afford his salary.

This basically reveals the meaning of telling everyone that the factory is going to be finished and they are on strike, but don’t think about losing their jobs, especially the current season is not good.

In addition, the consumption thinking that the US empire has cultivated over the years is to use future money to meet current needs, so most people do not have the habit of saving, which means that they don’t have much savings.

There is a saying that money is a bastard, and you can still make money without it. When you have money in your hands, you will have the inexplicable desire to consume. The more money you have, the stronger your desire to consume.

Some people may be satisfied with buying a very expensive new bag, while others buy a bottle of wine or a better cigarette to enjoy it after work. In short, everyone can find ways to please themselves.

But if you don’t even have the basic work to maintain future consumption, it will be very terrible.

Because most Americans have various installment businesses, including cars, houses, and electronic products, which are an indispensable monthly expenditure.

These unpaid installments will be like nooses wrapped around people's necks. With a light push, you will take away the hope of continuing to live.

The financial staff are "standard" and even actively contacted the workers and hoped that they would start work as soon as possible, but Fabian still had to pay half a month's salary first, which was the last insistence of those people.

Obviously, not to mention half a month, Fabian himself was facing huge financial pressure. After all, he bought a lot of financial products and enjoyed the dividends, and now he has suffered the bitter fruit.

So, this decision was something he had thought about after several years, not to fight against anything.

Fabion himself was also very tired during this process.

Because even if the work starts, he will still not be able to pay his salary in the next few months, because the repayment speed will become slower on the basis of already delayed delays, unless these people can really grit their teeth and hold on for a longer time until everything becomes slightly normal.

For a moment, everyone was confused, and the factory said it would not work.

Fabian's eyelids shook twice, his voice was a little fucked and hoarse, "There is no way, the current situation is that I can't afford it anymore."

......

Lehman is very concerned about the purchase of the building.

In his idea, the new production station must be at least 13,000 square meters, 8 and 9 floors high, which can accommodate separate areas of Firefly Pictures, Lighting Entertainment, Marvel Studios and several co-directors.

Another is the issuing business building that is no less than 5,000 square meters, 4 or 5 floors high, and is specially designed to accommodate blue butterflies and communicate overseas stations.

These two places do not have to be together, but they cannot be too far apart, so the transportation is convenient.

As for the digital field, I still stay in an old place. That property is very cheap and I bought it a long time ago. There is no need for whether it is close to Hollywood.

Of course, in addition to building purchases, the most important thing to pay attention to is its own project business development, and this aspect is always the first priority.

Recently, "Hellboy: The Golden Legion" has entered its late stage and is scheduled to be released in mid-October. "Darkward" ended on the HBO trial, achieving pretty good results. It officially signed a series broadcast contract and earned 54 million yuan. With the production cost and the team's profits, it has made a profit of 12 million US dollars.

As for "Roaring Squadron", because the filming is not so fast and the schedule is not enough, Fox TV will be broadcast in November, and the internal trial review is not high. Fox executives believe that the skin color of the drama is too messy, which will arouse resistance from traditional white people and cannot please black people. Although Samuel Jackson has the most scenes, he is not very appealing among the black people.

After all, not every black man is Will Smith.

The implication is that I don’t like what the show will do. In the best case, I will also encounter the passing line and I won’t invest much resources.
Chapter completed!
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