A Crazy Love Proposal-Chapter 233 - 233 123 Dont Come Bothering

Chapter 233: Chapter 123 Don’t Come Bothering Chapter 233: Chapter 123 Don’t Come Bothering In the following days, Yun Yuwan and Wen Yangzhi stayed in the old house, maintaining a bizarre calm with Wen Wei and Zhao Qin.
Zhao Qin often went out to play cards and shop, attending all kinds of social events and parties, even more so than Wen Wei in his youth, seldom staying at home.
At home, when they did see each other, they would glance briefly and then look away, as if they hadn’t seen anything at all. If you spoke to her, she would just respond with a non-committal “Hmm,” showing no interest in engaging.
The house managed to stay eerily calm for a few days, but Magu Bank was going through hell and high water.
On the third day after the technology scandal broke, the deposits at Magu Bank fell to $210.1 billion, on the fourth day to $185.2 billion, on the fifth day to $151.1 billion, and on the sixth day, the deposit amount plummeted below $100 billion, a historical low of $80 billion.
There had never been a precedent for such a bank run, not even the ugliest bank scandals led to such a steep capital flight.
For instance, the misappropriation scandal at Wen Bank resulted in only about $30 million being withdrawn.
Even heavyweight scandals had not seen such a rapid pace of withdrawals.
It was generally the case that a bank would only see such a scenario when it was on the brink of collapse; for example, Silicon Valley Bank declared bankruptcy after a dire forty-eight hours.
Magu Bank called for urgent board meetings multiple times, with everyone frazzled.
“At this point, it seems we have no choice but to sell off some of our long-term bonds,” one suggested.
Immediately there was opposition, “That’s not an option! With the US Central Bank hiking rates so many times, if we cash out now, we’ll incur heavy losses.”
“Even if we don’t sell, they’ve already significantly depreciated in value. Do you think we can tighten the monetary supply again in the future?”
But someone suddenly flipped the table, pointing frantically at David: “This is all because of Denny, that idiot. David, if you hadn’t failed to control your son, letting him anger Wen Bank, why would they have turned against us? And those technology companies as well, why trick investors with fake, shoddy tech?”
David’s expression was grim, but with his own son having contributed to Magu’s predicament, he had no grounds for rebuttal: “Now is not the time to place blame. We need to think of a strategy fast. If this continues, Magu’s current cash flow will be insufficient for withdrawals, and we’ll have to halt all transactions.”
“What other option do we have? Send Denny to China to apologize immediately.”
When Denny learned of the bank’s fund depletion, his hand holding the phone stiffened.
Bank shareholders sent him messages insulting him, saying that without him, Magu would never have been in this turmoil.
Because of him, Magu might go bankrupt.
Denny didn’t want to believe that such a trivial matter could lead to a crisis of insolvency.
Just a few days ago, Magu was at the height of its power, with financial industry professionals holding him in high regard, and there was hardly an executive in Silicon Valley who didn’t know him.
But as shareholder messages poured in, all blaming him for the crisis, he felt as if suspended in midair, about to step into the void.
Endlessly chastised, he realized he had truly caused a disaster, and this matter was severe.
At the party, people noticed Denny’s off-color expression and approached to ask, “What’s wrong?”
He was out of sorts, got up, and walked out of the party area.
All he did was make a pass at a director’s wife, yet how could it lead to this?
To think someone would go so far to mete out justice for his wife.
It was just a woman.
In the next two days, Magu’s total assets continued to slide, and liquid funds were nearly depleted, forcing the executives to make a difficult decision, to sell off a bond portfolio worth $32 billion.
This sale meant that Magu’s book losses turned into a real deficit of $3 billion.
And it seemed like Wen Bank had no intention of letting them off the hook, even unleashing a new round of scandals in pharmaceutical technology, with the main players also being Magu Bank’s clients.
Even without shareholders holding a gun to his head, Denny knew he was finished.
He took a red-eye flight to China that very night, and as Yun Yuwan drew back the curtains in the morning, she saw a man kneeling in front of the villa.
She jumped in surprise.
Wen Yangzhi came from behind with a coffee in hand, looked down calmly, and said, “Good morning.”
Yun Yuwan responded blankly, “Good morning.”
She couldn’t help asking, “Why is Denny kneeling out there?”
Wen Yangzhi’s gaze remained unfazed, “I had someone let him in.”
He leisurely raised his arm, sipped his fragrant Arabica coffee, and said, “A man should have the ability to take responsibility. He caused you trouble that led to Magu’s chaos, so he should be here.”
Yun Yuwan, concerned, said, “But his kneeling here, might it not be good, especially for the reputation of Wen Bank?”