Compared with the police in Gary's hometown, the New York police have the biggest similarity in that they are greedy for money and have a darker heart.

　　Since 1968, some police officers who knew he should have made a lot of money because of their frequent dealings, actually asked him to hand in half of the proceeds, otherwise they would go to the door to find customers in trouble.

　　 At first, Gary didn't give in directly, and of course he didn't resist mindlessly.

　　 But I want to rely on my own efforts and wisdom to get rid of the blackmail of the police.

　　 The result really made him do it, the reason is Nick's adoptive father and adoptive grandfather.

　　 And these two old guys are actually white.

　　 During the six months that Gary worked with his cousin, he met Nick and then Nick's adoptive father. After his business started, he gave Nick a job as a decoration.

　　 With this friendship, and Gary is willing to take out 30% of the profit, in exchange for two old guys to come forward, act as the obvious boss, and provide Gary with news about the real estate.

　　 Two white scammers have been in New York for decades. In the first two years, they have indeed helped Gary get a lot of low-priced, high-quality real estate.

　　In addition, the bank loan has changed smoothly, and the business has once again ushered in a leap period.

　　 From 7 small villas to 36 in 2 years, Gary even plans to buy a small bank.

　　Wait until the Bretton Woods system collapsed in 1971, that is, gold and the U.S. dollar were decoupled. When the U.S. dollar depreciated, banks not only tightened loan approvals, but also kept trying to recover loans as soon as possible.

　　 Those black lawyers and doctors who had good incomes at the beginning have also begun to struggle with the high rents in the white community.

　　Business is difficult to do all of a sudden, and I can survive through gritted teeth.

　　 But the bad is bad. Nick's adoptive father and grandfather faced some good houses that kept dropping prices because the owners needed money. After more than a year, they finally couldn't bear it for 69 years.

　　 Needless to say, something must have happened.

　　 New York gangs in the 6's and 70's, killings were common. After catching two liars, they were initially intended to throw them both into the sea.

　　 But if the father and son die together, or only one die, it is not difficult to choose.

　　The best way to get rid of suspicion is to shoot Nick's adoptive father at his dad.

　　 And this is what the two of them said before.

　　 It's a pity that the plan was made with the limited and lack of medical knowledge of the two. The result was that Nick's father fired the shot. The bullet did not escape the heart and lungs and penetrated Nick's grandfather's chest as expected.

　　 The gangster let off Nick's adoptive father, and after leaving, Nick's adoptive father used tape to seal the wounds on his father's chest and back.

　　 Then use a straw to **** the blood out of the chest cavity, stabilize the blood pressure in the chest, and then send the person to the hospital for emergency treatment.

　　 But the bullet rolled in the chest cavity and died within ten seconds.

　　 dies and becomes the end of the wanted man’s escape, breaking Nick’s family instantly, and because of the investigation, it is revealed that the two are liars.

　　 This time, Gary has been miserable.

　　The business was under the name of Nick's adoptive father and grandfather. Not to mention the troubles caused by murder and fugitives, the business of renting a house just fell apart because the boss was a liar.

　　 The bank was forced to repay the loan again. In the end, Gary not only went bankrupt, but because the tenant could not get the rent back, he was taken to court and sentenced to 3 years.

　　 As for Nick, of course he has been walking on the streets since then, and then following the path of his adoptive father and grandfather, he enters the line of liars.

　　 Or, when his adoptive father hid, he even taught her.

　　 was caught by the leader of the old picture last night, and I saw Li Changheng again today. Of course, Nick, who has been living at the bottom, is not willing to let go of the opportunity for development.

　　 After thinking about it, I probably wanted to fight for it before telling the story.

　　 Li Changheng thought about the whole process of this matter silently, and he admired Gary's idea of ​​helping black elites live in a safe community.

　　 But he is not sure about Gary's ability and whether he can manage a real estate company that will definitely become bigger and stronger in the future.

　　 Li Changheng thought further, and soon felt that if Gary’s business could bring stable income, then his loan contract with the bank would be of the highest quality.

　　 Then, those sub-prime mortgage contracts will be packaged and sold to Wall Street at 30% of high-quality and 70% of sub-prime mortgages.

　　 While earning interest on loans from high-quality customers, Citi has developed a large number of borrowers with poor creditworthiness and low income to become customers.

　　 In the end, he can quickly get back the loaned money from Wall Street, and earn another commission.

　　 Then it formed a packaging contract again and continued to sell it to Wall Street. At the same time, Gary's real estate business could even expand wildly in major cities across the country.

　　 The constant expansion of real estate companies has in turn stimulated Wall Street’s interest in packaging contracts.

　　 The pension funds and retirement funds that take over these contracts will continue to buy packaged contracts in the face of stable returns of around 5%.

　　 Li Changheng is 100% sure of the 5% return, and he even thinks about forming a circular game inside Citi.

　　 But if it is specific, you have to ask a lawyer.

　　 And to support this game, the first is the profitability of the real estate company, and the second is the new customers that each fund keeps joining because of its high stability.

　　Third are borrowers who are discriminated against or do not meet the mortgage market standards.

　　 Once Citi opens mortgage loans for minorities, the number of customers may even increase by 10% or more than 20% in a short period of time.

　　 A large number of new customers appeared, and Citi itself passed the risk to Wall Street. Before other banks followed suit, Citi’s stock price would definitely skyrocket.

　　 Then it enters a period of steady growth.

　　 In this era, as long as zero down payment and zero mortgage loans are not allowed to buy a house~lightnovelpub.net~, the risk is actually not high.

　　 If I remember correctly, in the United States, there have been 69 to 86 years in which the cumulative housing price increase exceeded 100% over three 10-year periods in more than 100 years.

　　 Although there were ups and downs during this period, the magnitudes were not large, and the overall trend was still going up.

　　 There are many main reasons why subprime mortgages collapsed, but there is only one direct cause: housing prices can no longer be maintained.

　　 Thinking of this, Li Changheng looked at Nick a little differently.

　　Once the plan is successful, oneself will be equal to the dividend of the real estate company, and the dividend of the skyrocketing share price of Citi will be used in the middle. In the end, his control over Citi will become stronger, and he will be able to gain the support of major banks and Wall Street following the trend.

　　 Not right, and insurance companies will worship themselves crazily.

　　 "Gary Bernard is still serving his sentence in prison?"

　　 Seeing that Li Changheng finally spoke, and he still asked where Gary was, Nick suddenly understood that Li Changheng should be interested in the rental plan.

　　 Otherwise, with his power, it would be too simple to check a person.

　　 It is also too simple to secretly kill a person who is still in prison.

　　 And asking where Gary is, of course I am interested in him.

　　 After learning about Gary's general situation from Nick's mouth, Li Changheng waved to Barney, and it didn't take long for a call to reach the attorney-general in New York.

　　 Then Gary, who had already served 2 years and 7 months in prison, was quickly commended for his good performance.