Ch. 524The Most Profitable Business Model
The Five Nations Alliance changed the balance of power, easing pressure on the Moxi Duchy as it negotiated its debts and prepared to face the Elves. Hudson used the crisis to expand the Near East Development Bank, then defended its finances at a shareholder meeting while concealing the risks behind its enormous Moxi loan.
- The five nations formally announced their joint defense alliance, and Delis ordered the Elves to send the news to their people immediately.
- George chose to keep the Moxi Duchy's strategy of showing weakness to the Elves and agreed to route tax revenue through the Near East Development Bank to guarantee debt payments.
- Hudson used the bank to collect and transfer the Moxi Duchy's annual four-million-gold-coin repayment, while seeking deposits to address the bank's cash shortage.
- Shareholders confronted Rudolf over the bank's undisclosed finances and its eighty-million-gold-coin loan to the Moxi Duchy.
- Hudson reassured the shareholders by citing the bank's growth and promising further expansion, while privately planning to use the loan funds and hide their cash-flow problems.