Absolute Wizard

I was furious.

Of course, the ones you're looking for are probably in there somewhere.

But there were those who did not.

There's just a bunch of money poisoners playing with their money.

But then one thought came to mind.

That's what happened to Mortgage, isn't it? It was supposed to start in 2007, and now it's 2009. What's going on? ’

Late realization, actually.

The economic chaos that has already been triggered by the mortgage crisis should have erupted, but it did not.

He realized something was strange, then he thought about it and realized one thing.

‘History has changed. ’

* * *

Mortgage loans.

A U.S. mortgage lender lending home funds to low-income people with low credit ratings. In simple terms, it is called a non-favorable mortgage.

U.S. mortgage loans are largely divided into three grades - Prime, Alt A, and Sub Prime - in order of credit.

Subprime is a product for low-income people with no more than a certain amount of credit, so there is a very high risk of failure. So the interest rate on loans is about 24% higher.

This is scored by the rating company on the basis of the applicant's past loan performance, loan balance, duration of the transaction, credit loan performance, number of credit views, and whether the loan remains adequately level.

The longer the transaction period, the less existing loans compared to credit scores, the less credit inquiries there are, the less overdue, and the higher the credit score is.

In the early 2000 U.S. real estate prices skyrocketed, competitively expanding mortgage lenders' mortgage loans led to a sharp rise in sub-prime ratings.

The problem was the decline in housing prices in the mid-2000 drastically raised the interest rate from 1% to 5.2% on 17 occasions by the U.S. Federal Reserve Board, and the subprime delinquency rate rose rapidly as it was unable to properly pay interest on low-income people.

This led to a subprime mortgage crisis in 2007, and the world faced a global financial crisis.

However, this phenomenon disappeared.

Cho Min-woo naturally wondered.

Why this is happening.

He eventually investigated this matter carefully through an information organization (MOA) inside Raincomb, an information organization (MIA) already working overseas, and an emerging Raincomb securities company in the U.S. stock market.

Soon, the cause did not come out well.

He also knows that the mortgage incident happened, but he doesn't know exactly how.

But I knew one thing for sure.

‘The FRB is raising interest rates. In fact, it was a trick to increase interest income a little bit. That way you can take down the low-income people. ’

There were no other options in the situation where they had already received subprime loans.

This is why we have to pay taxes without being able to move.

But this interest.......

2.5%? Why did you only put this up? ’

It was an increase rate of less than 50%.

Difficult to understand situations.

* * *

In the end, Cho Min-woo continued to review and review this area. We continued our review of U.S. real estate as a whole.

Of course, I even checked directly with employees in the United States.

< The real estate prices are slowing these days? >

< Yes, Ms. Grant, for the last five years, there has been almost no drop width. >

< Strange, why did that happen? I understand that in the early 2000s, the real estate prices were skyrocketing. >

< It was then. But not right now. >

< Are you picking up anything? >

< It's a bit....... >

< Hey, when the boss asks, will you hesitate like that?! >

When I said something annoying, I immediately told him what I thought.

< I think it's probably because of our company. The various policies you adopted in the United States at the time (?) has caused the American economy to collapse. So the low-income people were nervous. You can get fired from the company you work for by mistake. Even top global companies, including Intel and AMD, have fired nearly 500,000 employees in the last five years. No, it's not just them. As the U.S. economy itself shrinks, so does everyone. I think it accelerated the recession across the U.S. economy. >

<....... >

He was also picking up something when he heard it.

I've been reminded of what I did to America. Especially to thin out those he was after, and that's what this was about.

It was just amazing that he knew what he didn't know at all.

< But how do you know that so well? >

< You will know when you are in the United States. How much is Ms. Grant actually........ >

not just the United States, but the global economy. I swallowed the word ‘.

I just ended up here when I realized it wasn't a good idea.

< Ah, good. Let's do that. >

* * *

After hanging up the phone, Jo Min-woo seriously thought about the situation. It was precisely a concern about his image.

Was I really that bad? ’

What he did was not his intention to harass others that much.

But now it looks that way.

Soon, he called in the other chiefs of the team, including the other chiefs, to discuss their opinions.

“Am I that negative? ”

“Yes? What are you talking about? ”

“Well, I mean, is it bad for me in other countries, especially in the United States? ”

“Oh, that's true. That's why our Raincomb exports are so frustrating. It's just that quality comes first. But it's hard to say it's his fault. Actually, the whole U.S. economy was hit because of what we did. ”

This is how the story begins.

It was very simple.

The unemployment rate in the United States has increased by nearly 6% in the last five years.

This led to a dramatic decline in consumption, and the domestic market in the United States was completely cut in half.

Even in that situation, Korea's exports grew by almost 300%.

Therefore, buying a house out of debt in the United States is for those with good credit.

That eventually completely shut down the sub-prime market itself.

And it was the main reason for the future to change.

Of course, it's not completely gone.

Recently, there have been changes in the real-estate market as Raincomb has expanded its diverse U.S. policy.

It was about this content.

“I see.”

* * *

When Jo Min-woo realized the reality that was going on, he had to roll his head. No, I started with internal affairs on the U.S. real estate market.

In doing so, he saw that the real estate prices continued to go up as he knew the future, and that loans were increasing.

‘Well, you can't change the future completely. ’

It was an educated guess so far.

The future was like a spring with elasticity.

You can make a difference temporarily, but you can't completely change the flow itself.

Eventually, a subprime situation was set to take place.

It just changed the time of its occurrence.

That meant the global market crash.

‘Then what should we do? ’

This was a concern.

The problem is that it is not easy.

If he got involved too badly, the ripple effect would be enormous.

I would simply make more money, but I had to think about the people who suffered from it.

Cho Min-woo thought that he would rather prevent the subprime situation.

But it was too much.

With Raincomb alone, there was no answer.

In the end, he began to worry.

The conclusion that came out was simpler than I thought.

‘I'm sure they'll play for money if they sell their shares now anyway. Why don't we do the opposite? That way, we can screw this up, right? The next thing you do is you go and you do it. ’

What he wanted was their identity. Moreover, I thought I needed the money right now, but over time it would be good.

If you help Intel here, your suspicion of the American raincomb will change.

The decision to consider this was very simple.

They're selling M1 CPU equipment to Intel. ’

It was correct that the M1 CPU production facility had now reached some degree of stabilization. However, all of these facilities were based on M theory of relativity.

There was some instability there, too.

Initially, there is no concept of M energy itself.

It is said to be made like a fist style. Therefore, this approach was not comparable to the existing M3 CPU production line.

But there was one great advantage.

‘It's very difficult to copy. ’

It was reasonable to consider it impossible.

It was not a simple matter of trying to buy the equipment from Intel.

However, we made an offer to Intel.

* * *

Intel Directors Conference Room.

A meeting room that should be energized as usual.

But it wasn't today.

The atmosphere was something everyone noticed.

I didn't particularly like Gordon's face.

A situation in which Intel's management rights could be transferred to raincomb if we fail to do so.

He also could not treat other directors as usual in this situation.

If they stay by Cho Min-woo's side, they can get stuck and fired from the company.

The more I thought about it, the more ridiculous it was.

You're in such a tight spot.

‘I now own approximately 33% of the shares. This is troublesome.'

An offer that came to Jo Min-woo recently in this situation.

I would like to sell a semiconductor business unit 15 plant with an M1 CPU production line to Intel.

It was something I would reject in the past.

But now it's different.

It was not easy to refuse.

No, say no.

The problem is the next quarter's results. It doesn't matter if Intel sales performance is good, but if they are bad, other directors will not be left behind.

He must have blamed himself for being incompetent.

"Am I about to retire? ’

Gordon gets angry at first, but now he just smiles.

So I thought comfortably and opened my mouth.

“Anyone opposed? ”

That's a very unusual tone.

Even the other executives listening put out their tongues.

But there was no one to oppose.

An executive opened his mouth.

“It's true that President Jo Min-woo is already the majority owner of Intel. If he wants to, he can take over the Intel business branch. In a situation like this, you'd have to have something to reject his offer. I'll ask Gordon again. Is there any other alternative? ”

“None.”

This was the conclusion.

Even inside Intel, he was thrilled about Cho Min-woo's treatment.

It was better to come out confidently if you were going to fight for control. Then they can act actively in response to it.

Or, if the stock is aiming for profit, then they can sell their shares accordingly.

However, this and not there are unexpected offers.

Everyone had to give their permission, but it didn't feel good.

‘What kind of trick is this person trying to perform? ’

This was not important.

This will soon be made public to the stock market and the media through Intel Disclosures.

Min-woo sells M1 CPU production process lines to Intel!

* * *

US stock market.

It's big.

It's too big for a few to manipulate.

However, changes in market value through technological innovation can be disruptive to these large markets. Intel was pushed out of the CPU market because of Raincomb's intense technology.

But if Intel had some of that technology, things would be different. given Intel's experience, infrastructure and outstanding research staff.

Catching up with Raincomb is drinking cold soup.

Min-woo sells M1 CPU production process lines to Intel!

This news.

This was a really big favor for those who were thinking about Intel shares.

Recently, after starting the rally, Intel's stock dropped to the beginning of the 400,000-won era as it has been adjusted to begin the rising rally again with a quick 500,000-won break.

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