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Chapter 62: Someone is Always Ahead of the Times
As the door to the room opened, a brief and rapid bell rang within the room. It wasn't piercing, nor too long, lasting only one or two seconds.
This bell was specifically designed to alert those inside the room that someone was entering, providing a few seconds of buffer to avoid awkward situations. Joegleman stood up, accompanied by three young individuals. They, following Joegleman's lead, welcomed Lynch.
Lynch calmly walked over, extended his hand, and shook hands with Joegleman. After exchanging a few pleasantries, Joegleman introduced the three young individuals behind him.
"These are excellent client managers from GoldenExchange Bank..." Ignoring the unimportant names of the three, Lynch probably understood Joegleman's intention.
He wouldn't exclusively secure this deal for himself, and he wouldn't even directly participate in it. Lynch would reach a loan agreement with these three client managers, and the assets he pledged would also become part of the achievements of these three client managers.
For Joegleman, it didn't matter who secured Lynch's business. At his position, individual achievements were no longer crucial. Even if he didn't close a deal for an entire year, nobody would consider him worthless.
As the manager of the credit department, his "performance" was a collective achievement of the entire department. Since his personal involvement didn't matter, why not use these deals to win people over?
Where there are people, there is struggle; where there is struggle, there are alliances. These three young individuals were staunch supporters of Joegleman. Being younger, they had greater potential, and if these deals, present and future, fell into their hands, it would propel them to higher positions.
At the same time, as the manager of the credit department, Joegleman would also benefit. So why not be a generous boss?
Moreover, it was also a preventive measure. If any issues arose on Lynch's side during the process, affecting the bank's interests, Joegleman could immediately distance himself. He was only responsible for the introduction and confirming the bank's loan review process; everything else was not his concern. If there were any illegalities, he wouldn't be implicated.
If the cooperation went smoothly, he would also benefit. The multimillion-buck loan deals were signed under his supervision, and as the direct person in charge of these achievements, he would receive significant evaluations from both the regional divisions and the headquarters.
The top management of banks, especially in crucial departments like the credit department, always prioritized risk assessment and prevention. They could afford not to make much profit, but there absolutely couldn't be significant losses.
Led by Joegleman, everyone engaged in simple conversation at first, quickly transitioning from inconspicuous topics to the recent economic trends in the federation.
Economic development seemed to have suddenly loosened up, with various industries facing minor issues. From the loan rates and loan amounts distributed by the six major banks in the first half of the year with previous years, it was evident that society was quietly changing.
As the conversation progressed, Joegleman gradually relinquished the lead, allowing these young people to express themselves freely. He observed from the sidelines, primarily focusing on observing Lynch.
A copy of Gettnau Financial's new contract had already been delivered to the regional division. The legal counsel at the regional division believed that the additional clauses in Gettnau Financial’s loan contract held significant meaning and value. They also planned to introduce their own new contract in the second to third quarter of the coming year.
The delay was partly to wait for the current contracts to be used up, saving money on printing. Additionally, they wanted to conduct an investigation to ensure these terms didn't conflict with local laws in certain states.
In general, Joegleman had already scored a point. He didn't think these ideas came from a financial company owner who hadn't attended many days of school or his lawyer advisor. Otherwise, he would have had these things long ago, and he wouldn’t have to wait for Lynch to appear.
This indicated that everything was related to Lynch.
At this moment, he observed Lynch's performance closely, and what impressed him the most was Lynch's confidence. Lynch's assessment of the future trends in the financial economy made Joegleman faintly feel that he was right.
"If the market continues to weaken, it is very likely to lead to overcapacity. If the federal government cannot address these issues well, capitalists will start laying off workers as their next step. A large number of workers will become unemployed, and social conflicts and contradictions may further escalate and erupt." Lynch's eloquence left the three young individuals with no room to interject. Simultaneously, what he said was quite alarming.
Economists were constantly talking about a new round of major development after the peak rebound. Although no one knew when this rebound would end, most people held an optimistic attitude.
Lynch's counter-current view immediately caught people's attention. Just as one of the young men used the respectful term "Mr. Lynch" to seek advice from this younger Lynch, Joegleman stood up.
The attention of the four individuals was drawn to him, and he smiled apologetically. "I need to take a call..." At the same time, there was a subtle change of look in his eyes.
Eye is a unique medium. Some describe eyes as the windows to the soul, while others believe that eyes and the look in one’s eyes cannot convey messages.
However, there is always that moment when people can understand each other's intentions through their eyes, with simple messages like "don't" or "understand."
Lynch nodded, saying, "Please go ahead." As Joegleman entered another room, the young people stopped their previous inquiries and began discussing today's main business.
At this stage, their meeting was mostly about expressing deeper intentions. The contract wouldn't be signed here. If the loan agreement were signed here, Lynch might not have any issues, but these three young individuals would not only lose their jobs but might also end up in jail.
They began discussing the information Lynch brought, and with Joegleman's support—since he wouldn't have brought them to meet Lynch if he didn't support this business—the tone of the matter had been set, leaving only details to be worked out.
After more than forty minutes, Mr. Joegleman, who had just finished the call, returned from the other room. He looked at the four young people chatting and smiled with a hint of apology.
"Sorry, I received an important call and need to join a teleconference. I can't continue accompanying you..." He checked the gem-encrusted watch on his wrist. "It's almost noon. You can have lunch here or go wherever you like. In any case, I need to see you at the bank after 2 PM. Is that okay?"
At this point, the deal was essentially settled. After signing the agreement in the afternoon and completing the bank's approval process, the money would be transferred to Dyson Asset Management's Company's corporate account.
But the business between them wouldn't stop here. Joegleman was well aware that once Lynch had more money, Gettnau Financial would have more collateral loan agreements, creating an ever-advancing snowball that would bring him immense profits and prestige.
On the way back, he looked at the troubled pedestrians on the street, inexplicably thinking about Lynch's previous words—a speech that many found shocking!
He also thought about the recent internal report published by the head office regarding the establishment of the personal credit system and the request to lower bank deposit interest rates...
The wind blowing towards him didn't carry a delightful fragrance but rather a scent one would associate with the eve of an approaching storm!
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