Going Into the World!

"No, why did you come again?"

The next evening after the interview, the car showed a high-speed walk to the company with a blank letter of authorization with the consent of employees and union staff. I'm a little confused by the sudden encounter with the group. No matter how urgent it was, I was surprised how united the labors were until now.

"Haha. Don't tell me to cut the horn short, too." So we make sure we keep our promises. "

"Here in this morning's vote passed with an overwhelming 89% vote. Now all you have to do is visit our factory and say a few words."

Everyone who came yesterday came to visit with me, but I said before the dessert, they brought a power of attorney and said, "Keep your promise quickly!"

"No, why 89%? You mean there's 11% opposition?"

It was such a pity that I didn't get 100% support for the red skirt. Ugh, is that communism?

"No. I mean, I couldn't persuade him properly because I was running out of time. If it had been a few days, it would have been unanimous."

Executive Vice President Jang Gu-min and union chairman assure us that due to time, Lee Dong-gu failed to vote properly, much like everyone agreed.

After returning the people, I heard a report on the prices that the government and the bonds were thinking through the Head of Resident Rights.

"We found that the horse is worth three trillion, but the GM will only invest $400 million for the first time."

"What? 400 million dollars?"

I was a little surprised at the incredibly trivial scale: 7 trillion, 800 billion, 3 trillion, etc., and it all turned out to be a joke.

GM buys 51% of voting common stock for $400 million to secure control while minimizing initial investment, and considering future opportunities, invests an additional $400 million. On the other hand, they asked the bond team to invest 1.4 billion dollars over five years, and ridiculously, the voting shares were left with 30 percent.

"What is this nonsense? Who pays 400 million dollars and gets 51 percent of their shares, and the bond squad pays 30 percent? This doesn't add up, does it?"

No matter how much I roll my head, I can't even calculate. The less money you spend, the irony is you get more shares. So the bond group is just a bunch of idiots?

"It's going to be ridiculous. It looks like the bonds are under pressure from the GM. The only place we can negotiate properly is the GM, so it seems like the government wants to get rid of them quickly, so they keep pushing. They want to allocate $200 million in voting equity, and $1.2 billion in non-interfering equity."

"Tsk, tsk, 400 million is only about 56 billion, right? And they're going to invest 400 million more of me, but they're not going to tell you how long it's going to take."

The more I heard, the more I thought that the number of trillions that appeared in the newspaper was a lie for the press release. After all, it blurs the essence of additional investments and debt acquisitions that will not be kept, but is actually sold for a low price of less than 600 billion.

I even thought I was too generous to offer you the first trillion. If I acquire it, there will be less money for them to put into the future, so even if I give it away, it will be profitable in the long run. Oh, shit!

I called the creditors to the company and they asked me what kind of bread this is, but I also brought the government officials.

Since last year, he's been calling me to bid, so when I showed interest, I was ready to bring the children in line and sign the contract. Of course, I bounced for about a trillion won, but when I got angry, I rolled right after talking about the specific amount of underwater negotiations with the GM. Who are these fools?

In the end, I made a verbal agreement on the condition that I would receive 100% of my management rights and no existing debts, and instead of having no further investment from the group, I decided to lend back one trillion of the cash I paid with minimal interest.

It is a condition for the bond group and the government to be a savior. You don't have to bow down to prevent further bleeding and overseas sales and employment problems for the people.

After all, I only draw a big picture, and this contract takes a little time to get lawyers and financial experts to work, so you can leave it below.

After finishing a brief conversation with the bond group, I visited the D car the next day.

"Chairman, come here. Haha."

"Thank you for coming."

I go into the factory, the car stops in front of the building, and I open the door, and I see a lot of people. From familiar interim presidents to executives to union representatives and other associates, there are literally over forty.

"Thank you for your hospitality."

I shook hands and moved forward, not knowing who was acting as President Jang Gun-gun. I said my name and title, but I remembered it just in case.

"The staff is waiting in the auditorium for you."

"Really? Let's go there first."

I followed the staff members to the auditorium, and behind me were more than 20 people from the headquarters including Marco, Eric, and five Korean bodyguards, as well as Chief of Staff, Seung-hoon Jeong.

Today is a visit to the factory, and there was a lot of talk during the strike, so the yard brought a lot of guards.

"Whoa, what's with all the people?"

Since I enter a large structure that does not know if I am a hall or a warehouse, thousands of people are just standing there with no room to stand.

[Incoming!]

[Where? There he is!]

[Is that the chairman of the Johnstone Group?]

[What are we talking about today?]

How do I know that?]

Sometimes I can hear what people are saying while they are chattering.

"Yes, everyone gathered, leaving only a minimum workforce today. And hundreds of workers who had been cleared out had come to know how they heard about it. I was trying to block it from the entrance, but I was promised to listen quietly, so I put it in the back."

According to the plant head, 25,000 of the 4500 employees gathered here.

As I go up to the auditorium and take my seat, the noise gradually increases. It moved me to see more than 3,000 employees and fired workers standing densely underneath.

"Damn, why are you looking at me with such desperate eyes? '

From the entrance, I felt that I was experiencing great expectations with anxiety and tension in the eyes looking at me. Moreover, when I stand on the top of the statue, I feel it strongly on the faces of the people in the front row.

Suddenly, I thought of something and summoned the cabin to give my instructions. The station listened to me, looked at me a little surprised, and hurriedly went out.

"Hello, I'm Ildu Kim, the leader of the Johnstone Group. I think you've all been waiting a lot, so let me make this brief."

At the beginning of my speech, the noisy auditorium was silent for a moment, but even though there were so many people, only my voice was still ringing in the microphone.

He expressed his gratitude for explaining the brief introduction and the current situation, and agreeing to leave it entirely to the Labor Agreement and the Company's management policies. These people are not here to listen to this kind of politics. I got right to the point.

"I actually had a very negative idea about the acquisition of a car company a while back. The sound I hear in my ears is mostly bad words like strike, struggle, and management, and there's a lot of businesses that are going to expand quickly because I didn't feel the need to invest my money and effort where there's no profit. But a few days ago, when you and your union leaders came to the company and met, I felt a strong willingness to save the company.

To be honest, if they'd come to see me a few days later, I never would have come here today. I would have left to take over a new business in the United States, and your company would have been sold to a parent foreigner company that was almost at the close stage. First of all, a round of applause for those of you who have done well here. "

Whoa, whoa, whoa, whoa!

A big round of applause erupted as I pointed to the executives and union representatives standing on the platform with my hands. Those who stood in my sudden praise feel shy for no reason, but they still feel good and can't hide their smiles. There's no one here who doesn't like to be floated, so everyone will probably be thankful to me. These are all mercenaries. Hehe.

"I am!"

When I shout out loud, people are suddenly silent again.

"With the acquisition, we will immediately be making a huge investment. Oh, well, we don't make promises that don't look like investments and money. Already with the bond authority yesterday '1. Joe. I've secured the investment fund of won'."

Wow!

Peek-a-boo! Peek-a-boo!

This time it's more practical, so everyone, including the people on the stage, applauds like thunder. The nearby presidents and union representatives were very reminded of my commitment to the immediate investment of KRW 1 trillion, but they put in their efforts, bowed their heads and prepared for this position, and it seemed more exciting when they showed their results.

"If you work really hard for the company over the next year, more investment will follow. You know, I'm not that salty, you know. If the company pays, you'll get what you deserve. In the case of Johnstone Electronics, we can't say the exact amount this year, but you will receive a significant additional bonus. I think you can, too."

Whoa, Johnston! Johnston! Johnston!

'Huh. this feels good, too. Is this how you run for president?'

Over 3,000 people standing below hold their fists as they cry out for relief and stretch their arms out to the sky. Something came up from my heart without me knowing it was waving according to the word 'Johnstone.' Is this supposed to impress me? Khh.

Wow!

Johnston! Johnston!

The gut is surrounded by the sound of shouting and gestures of hot heat. When I looked around, Marco and Erik looked a little reminded that they had never seen anything like this before.

Not to mention the employees of the D car on the floor, and the executives of the group following me are proud to respond to my speech vigorously.

"Heheh, so if I say something in my mouth and I don't like it, is that a human being? '

I enjoy this time by impressing myself with my wonderful speech, and someone approaches me and talks to me. This is Seung-hoon Jung's secretary.

"Sir, we're ready outside."

"Really? Well done. Then bring it."

I've been preparing sooner than I thought. I decided to give it to him myself.

"Now, if I could have your attention!"

The sound of hot relief in my voice subsides, and after a while it becomes quiet.

"In celebration of my meeting with you today, and as the holidays approach, I have prepared this envelope as a gift."

I waved one of the envelopes handed to me by the dockyard. People are very curious about what's shaking in my hand. An executive on the platform slightly asks the latrine, but the latrine shakes his head.

I hold the envelope in my hand with a little playfulness, but the silence lasts for a while, and my curiosity is amplified by my skin.

"You can pick them up one by one as you go out. I didn't add a large amount, but I added one million won each."

Ten thousand won?]

[I thought you said 1 million won?]

[What's a million won? Who gives a million won for being crazy?]

[I think I just heard it say 1 million won.]

[One million won is nothing! You need to pierce your ears.]

People are confused as if they don't understand. At this point, Jang Gyeong-min, who received my signal, came and opened the envelope and was surprised. He glanced at me for a moment and soon grabbed the microphone.

The people below are suddenly silent, watching through the shape.

"Gentlemen, when I opened it, it was really one million won."

Wow!

Johnston! Johnston!

Million won! Million won! Million won! Million won!

The room turned into a frenzied crucible. Million won is not a big deal in some way, but it is definitely not small money. Especially since the money was received from unexpected places, everyone is happy and they are in a commotion. It was nothing compared to shouting slogans just now, and some whistle excitedly.

"Thank you, Chairman."

"Do your best for the company."

"Thank you, Chairman."

"Do your best for the company."

~ ~

Every time I handed over the envelope, I saw people who were impressed, and I was delighted and smiled at my mouth. Employee morale must have increased tremendously. It's a bit of a waste of money, but I think it will have a big impact on the transformation.

'Dammit, then why did I tell you to give me this myself?'

At first, I was encouraged by a cheerful greeting, but I forgot one thing because I was overwhelmed by the atmosphere.

There were too many humans. 3,000 men!

About 500 people started hurting my arm slowly. I hurriedly sent the eyes of salvation to the cabin master and the cabin master. Ugh, there's still 25,000 left...

In my intense gaze, the two of them rushed the envelopes and scattered the people, and it didn't work again. At this rate, people only came to my side to shake my hand.

However, I couldn't tell him to go elsewhere, so I shook his hand with a hospitality smile. This is all you. Ugh, I'm so stuck...

As I return home, my teeth freeze over my shoulders, arms and palms. I think I've shaken my hand 2,500 times, but I never thought I'd shake so many hands in such a short period of time. Suddenly, I was surprised by my unused muscles.

< Chairman Kim Il-du shoots 5 billion shots in an instant! >

[.. Chairman Kim Il-du of the Johnstone Group who visited the D automobile factory said that he handed out an envelope containing 1 million won on the spot as an encouragement for employees. They showed a large distribution of $500 million in cash, including 4500 employees and more than 500 in the auditorium at the time.]

The next day, in each newspaper, my story was published.

Artwork Reviews

Several newspaper articles in 2001 show that GM has decided to buy a Daewoo car for $2 billion ($1.6 trillion in acquisitions, 3 trillion in debt acquisitions).

But if you look at the newspaper articles published a few years ago, the result is that GM acquired 51 percent of its business with just 400 million dollars in acquisition funds, two billion dollars being just a promising number of contractual openings. Rather, from that year onwards, they had to spread it around in the name of constant investment and loans.

If you look at the newspaper article in 2010, it wasn't until this year that GM increased its stake by more than 70 percent with an additional $400 million in capital increase.

So far, Daewoo has spent a total of $2.6 billion in public funds, and since the acquisition of treatment by GM, the bond team has had a funny way of receiving shares in non-voting shares that are largely unmanaged.

From the beginning, three trillion won were just numbers for press releases. With the disadvantages hidden in it, in fact, the G.M. does whatever they want, but they're just merciful.