The Director's nephew asked Lin Qi where those cars had gone. Lin Qi himself was not entirely sure. "Can't you look up the ownership changes for those vehicles?"
The Federation had already begun registering things like automobiles. As the laws concerning cars gradually improved, they had long since become different from other goods.
At first, buying a car did not require registering any information. But as cars became more common, their value and role in certain cases began to matter.
Now, not only did the owner's information have to be registered, but the owner also had to purchase insurance when buying a car.
The purpose was to ensure that, when a traffic accident occurred, sufficient compensation would be available for the injured party.
The Director's nephew smiled sheepishly. "Some of them have changed hands, but others haven't..."
Lin Qi thought carefully for a moment. It seemed that some of the cars' owners indeed had not changed. To this day, they were still registered under the names of certain automobile businesses.
Some of those cars were now being driven by people from Jinhui Bank. Before Blackstone Bank was established, Lin Qi had had extensive business dealings with Jinhui Bank and was one of its important clients.
The game of capital was open only to those who understood it, much like an ordinary person and someone who had mastered the rules of capital going to a bank to handle the same transaction.
The ordinary person might be rejected the moment he opened his mouth, while capitalists could always reach limits beyond people's imagination! Back then, after Lin Qi took out a loan from the bank to buy the cars, he mortgaged the vehicles to the bank at their full value and took out another loan.
That way, he could use the cars