Blackstone Code
Chapter 535

Breakfast and Working People

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Those directly affected by this economic recession are the lower and middle classes of society, and a small number of people in the Upper Class.

The vast majority of these affected Upper Class- class individuals were newly rich who had just barely crossed the threshold of the Middle Class and entered Upper Class, and had just begun to make connections within high society circles.

Their position was precarious, and they became the main victims.

The true old-school Upper Class tycoons were unaffected. Just like Patu and Wo Delike, they remained the same as before, and might even have earned more than before due to the economic recession.

This sounds incredible: how can these top conglomerates still make money during an economic recession? Actually, it becomes clear with a little thought. The top conglomerates use the economic recession as a pretext to apply to the government for tax reductions and exemptions, while also saving on workers' wages.

In the past, when they asked workers to voluntarily reduce their wages, Labor Union would stand up and help workers negotiate with capitalists. But now, workers won't do that, and neither will Labor Union. Everyone is silently enduring it.

They can also legally close some factories and legally reduce the number of employees, thereby legally reducing further expenses.

Federal law stipulates that a company must employ a minimum number of workers, in accordance with local laws, based on the amount of land it owns.

Large enterprises, Group Company, factories, and Warehouse District sometimes have to hire more workers to meet legal requirements and take on additional social responsibilities they are unwilling to assume.

But now, they have a way to fire these people because they're also "having a hard time."

But that doesn't mean they really have no money; they're actually making more than before.

If Wo Delike could buy a Production Company to help his daughter act in movies, then when a conman comes up with a plan that everyone finds interesting, there's no shortage of people willing to invest. Lin Qi also got involved, his purpose being to see if there was an opportunity to make a quick buck.

Vera was unaware of the situation; she didn't understand complicated matters. They quickly turned their attention back to dinner.

Lin Qi was very satisfied with the dinner. Lin Qi the meal, Lynch and Vera rested in the Living Room, while the little boy obediently went back to his room and did not come out.

He has a separate TV in his room, where he can watch TV or read books. In short, he is a well-behaved and sensible child.

In the Living Room, Lin Qi was introducing two bodyguards to Vera. Ignoring their very ordinary names, when introducing Vera to the two men, Lin Qi referred to them as "Chief Financial Officer".

"Are you going to start Group Company?" Vera asked after Vera met the two men and they left.

Chief Financial Officer is not a simple title. While the title of financial officer is simple, larger companies that want to give their positions a more "high-class" feel will come up with some fancy names. For example, the term "partner" was first proposed by these people. In the past, these "partners" were simply called "senior managers".

Nowadays, anyone who can communicate with clients has become some kind of manager. To distinguish these superior-subordinate relationships and to make these senior managers more willing to cooperate with capitalists to exploit them, senior managers have become partners—partners of capitalists, quite prestigious! But the title of chief is a bit different. This means that the specific framework of financial work has changed. It is no longer a problem within a single company office, but involves multiple companies, multiple offices, and multiple levels.

In short, he went from being Finance Department manager in one company to becoming a key manager in the Finance Department of a group of companies.

In the Federal, the Social Services Bureau does not have any requirements for the name of the company when registering it. You can choose a name like "Pan-Universe Federal Group Company," and it can be a single, independent sole proprietorship, with the registrant and shareholders having no connection to other companies.

The Federal never imposes any requirements on what a company should name itself, but among operators, a "XX Group Company" and Group Company" are not the same. The former may just be the name of a company, but the latter is a hierarchical entity.

In the Federal, this manifests primarily as shareholding and financial management, much like the Star Dream Butterfly Conglomerate, where the head office's Board of Directors holds shares in all branches and subsidiaries, giving the head office almost absolute control over its branches, subsidiaries, and subsidiaries.

The head office can intervene in the management of lower-level companies, most notably in financial management, which is the origin of the term Chief Financial Officer.

Vera asked this because she felt that if she became the Chief Financial Officer, her scope of work would likely expand, and the relationships between different tasks would become closer.

Lin Qi shook his head. "I haven't considered it yet. I previously established a Blackstone Capital Fund, and the finances of all other companies are managed by Blackstone Capital, both directly and indirectly."

"Originally, my work was limited to the Federal, but as some things happened, we will have more international business dealings, so I need to find someone to help me handle these broader accounts."

"Just like I said before..." Lin Qi naturally took Vera's hand, "This is a very important position, and on this issue, you are the only person I can trust!"

"You're so good with words, Lin Qi," Vera, enjoying it. Everyone, regardless of gender, likes to be flattered, valued, and needed by someone they like; it's a fundamental survival need.

In fact, strictly speaking, this position is not as "important" as Lin Qi said. As someone who can enter the small room and actually goes inside, he can control himself. In fact, you could say that he doesn't even fully believe himself.

It sounds ridiculous, but it's true. Blackstone Capital actually controls Lin Qi's companies through control of other companies. To put it simply, A's shares are held by B and C, and B and C's shares are held by D, E, F, and G.

This kind of cross-shareholding is not enough. There is also the financial management entrustment and power trusteeship of offshore holdings. Blackstone Capital is actually the party entrusted to serve these mysterious companies, so it can manage the finances of these companies (according to Federal law, when a foreign company establishes a branch in the Federal, the financial management personnel must come from the Bayer Federation).

If a problem arises, for example, if someone tries to investigate Lin Qi and they succeed in doing so, they will find that Lin Qi's Blackstone Capital actually has no direct relationship with any other Blackstone company.

Even if he holds some shares, it is a reasonable investment. Blackstone Capital is more about managing the finances of some influential companies on their behalf. Lin Qi is just a high-level employee, not a boss.

When people try to trace the entities that actually hold shares in those publicly listed companies, they will find that these entities are either overseas companies or have already gone bankrupt, which will become a Black Hole.

This would also give Lin Qi ample time to deal with the danger and resolve the issue before the other party could trace his problems, then everything would return to normal.

If this problem cannot be solved, by the time the other side finds any valid and reliable evidence, Lin Qi may have already left the Federal.

In short, Vera very touched.

The two sat together and watched TV for a while in the evening, then went back to their respective rooms.

In the middle of the night, the Female Soldier One suddenly became alert. She opened her eyes, quietly took out a pistol from under her pillow, and opened the door while still in her pajamas.

She heard some strange noises, and she wasn't sure if they were the kind she was thinking of, but as a bodyguard, and someone who would make a living from it, she had to demonstrate her professionalism.

Her finger was on the safety of the pistol. Her professional skills allowed her to disengage the safety and fire the first shot within 0.3 seconds. Just as she headed toward the source of the sound, she saw her comrade, Female Soldier Two.

The female soldier, her face slightly flushed, sat on the stairs. Their eyes met for a moment in the darkness, Female Soldier One knew that those sounds were exactly what she had imagined.

She was a little annoyed. Back in her room, the faint sounds continued for a long time before gradually disappearing, causing her great torment! Vera very early that morning to prepare breakfast for Lin Qi. While she was diligently cooking, she suddenly couldn't help but laugh, "Isn't that enough yet?"

As she gasped, something was happening.

In short, it was a very flavorful breakfast. After breakfast, Lin Qi left Vera's house and took a car to the station to return to Bu Peien.

Mr. He Bosi and his International Banker had raised enough money and transported it to Bu Peien through some clandestine means, which Lin Qi had requested.

Of course, the Federal was well aware of this; they received the customs declaration request and approved it.

To ensure all of this is completed perfectly, the whole world will know this news tomorrow, December 25th.

Lin Qi invited many reporters in advance to witness the miracle.

In the past, Lin Qi might not have had the power to mobilize so many international journalists, but at this moment, in his capacity as a member of the Board of Directors of the United Development Company, he easily got these journalists to gather in Bu Peien early, waiting for this news that would shock the world!

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