The Youngest Son of Sunyang

[070] First Fight 2

“Weak? I don't care if you cross the water or take over the azin group? ”

Grandpa's face was filled with power in his eyes.

I was neither surprised nor embarrassed. Rather, he looks a little angry.

Is that what you look like when threats don't work?

“Did you take the acquisition of the azin group lightly? If things didn't go your way, would you quit? ”

Aha, looks like you're giving up easily.

My grandfather gave up on the word he hated the most.

“No way. Do you think I won't be able to acquire the group if the merger goes away? ”

“This is the first condition of the argument. ”

“Things change. It's an emergency now. ”

“Some things don't change. ”

“Yes?”

“That's my influence. If you break the merger and call the Bonds, Banks, Cheongwa University and Parliament once, there will be no acquisition decision. And bid again? Then the chairman of Hyundai Group will call me for a drink. ”

How many days until the government announces that the deputy prime minister has filed for relief financing with the IMF?

You'll be desperate to see this announcement for yourself so that you won't have any influence over the president of the Great Circuit Group.

“Grandpa.”

“Why? Are you starting to tremble? ”

“The government has poured 11 billion dollars into the foreign exchange market and the exchange rate is still spiking. You've seen Bloomberg, right? There are only two billion dollars in forex reserves in my country. Deputy Prime Minister Kang told the TV that he wanted to borrow money from friends. ”

“Does the foreign exchange crisis mean my strength has diminished? ”

“No, it's not diminished. It's gone.”

“What?"

Today, I saw my grandfather's most surprised look.

“Hard times will pass for me to find my way around. But will Grandpa's phone work? I think you need to take the emergency situation a little more seriously. ”

I can't say anything.

Threats are my turn.

“Well, I'd appreciate it if my grandfather's influence worked again. No one is going to bid for it, and Miracle is going to bid alone. Even if I spend $120 million in acquisitions, I think the bond team will be very proud of me, don't you? ”

Grandfather is still silent and unable to say anything.

“President Hyundai Group, I think he's sweeping his chest right now. because I'd be in a lot of trouble if I poured 120 trillion into azine and didn't have cash. ”

“Dojuna.”

“Grandpa, wait a minute. I just want to say one last thing. ”

Grandfather nodded.

“In the back of his mind, there is hope that the current emergency situation will soon be better. No, it could be a wish. But that's not what happened. If you look at the facts, you know our country will never be able to avoid this crisis. ”

I feel anxious if things don't fall apart.

It was not only Chairman Jin, but everyone's heart. However, the vague belief that the economic scale of the Republic of Korea cannot collapse easily. This belief suppresses anxiety.

But now, his face changed.

He abandoned his faith.

“Are you sure you're not shaking? ”

“Yes, something big is happening. And that's only a few days away. ”

“Does that mean our cruise group really needs your billion dollars? ”

“My forex reserve is only two billion dollars. I have half a billion dollars. As soon as the dollar enters Korea, all banks and corporations will rush to Miracle's office. ”

“If I'm going to see you, I'm going to have to have a number. ”

“Grandpa number zero. You're meeting me right now, aren't you? ”

Grandfather thought for a moment and said very slowly.

“I'm going to call my science major and teach him a lesson and talk to my grandson again. ”

I had never seen him step back.

At this time, I can't erase the feeling of greatness. Even the words of a young grandson, Chamberlain Chamberlain, who knows how to listen, will be rare.

But I can't let you walk away gently.

“Grandpa, I'm not funny anymore. ”

“What? This guy's making fun of his grandfather for a dollar? ”

“I'm serious. I have to get rid of the group acquisition. I have a lot of work to do. We need to find companies to pick up in a shopping cart and negotiate prices, waving dollars around in our hands. ”

The second expression of embarrassment.

I was somewhat proud. To me, I was the founder of the Circle Group, which was an amazing and legendary existence. It was also a little joy to win over such a person for a while.

“You…. How many dollars do you have in your hand? ”

“I can't show you all your wallets, but I'm sure you can fit a dominant car in your pocket. ”

“Ooh, did you say dominant? Really?"

“Yes, Ajin, I'm going to tie up two dominant car companies. If you put a cruising car on it, wouldn't it be the same weight as Hyundai Motors? ”

You pull out your chair and stand up.

“I'll tie it all up and put a sign on the cruiser. This is another gift for my grandfather as a grandson. ”

My grandfather began to look at me with burning eyes.

“I look forward to a second offer. Find out how much time you have left… and make a quick conclusion. before the waiting grows. ”

“It's a little weak to threaten. ”

It was a horse that grabbed my feet from the study.

“It's not over until it's over. That's what you said, right? You're not entirely full of shit. ”

“Some people say you need to know when to back off. This is what my grandfather said. ”

“That's total bullshit. Haha.”

I only sighed because of the smile of my grandfather.

* * *

Jin answered the phone as soon as his grandson left the library.

“I'm in school. I need you to come home right now. He's got electronics, life, cars, property, construction. Hurry up!"

Jin, who put down his handset, did not sit still and stood around the library.

The crisis your grandson spoke of.

I also felt that crisis. But the depth is different from the size.

Temporary difficulties in the depletion of foreign currencies are not unique. Each time, the government borrowed dollars from the United States, Europe and Japan or solved the problem with currency swaps.

My grandson says it's different this time. The economy does not lend money or exchange money. If $2 billion is all there is to it, then there's plenty of food and no water.

I'm not starving, I'm dying of thirst.

Knock, knock.

“Chairman."

People roar in with a knock.

“Seafood and electrons! Notify all departments. Starting today, I hold the dollar as soon as it comes in, and I need to borrow the money to pay. And construction.”

“Yes, sir. ”

“Overseas projects are tendered for 10%, or 20% less. Take a day's notice, whether it's a down payment or a down payment. And life.”

“Oh, yes. Chairman."

“Collect all the money you invested in overseas financial instruments. Any penalty is fine. Terminate them all and get the dollar. ”

“times, sir, it's too much to lose. Management income…."

“Shut up and retrieve everything. You can leave the loss to the customers. ”

It's not that you don't know why you're doing this. Just before bankruptcy, he seems to be the one who planned to get the cash and even stay overnight.

“Chairman, please calm down... ”

As the study material cautiously spoke, Jin stopped speaking and began breathing harshly.

“I'm already fully prepared. Forex is strictly controlled by all affiliates. ”

Chairman Jin shakes his hands vigorously.

“Preparation is not enough. Prepare to have an arm and a leg flying. Do you understand?”

“Chairman, have you spoken to Miracle Owner? ”

“Who?”

“Miracle with a billion dollars in hand. ”

“Yes."

Chairman Jin nodded his head, and everyone's complexion turned black.

The story must be wrong.

One billion dollars of solid rope doesn't come down.

“Did you refuse? ”

“I... made money in a 6.25 mess. I wasn't afraid of war. But... I'm scared now. ”

Wrong answer.

I thought that if someone who had not moved even though thunderstorms struck, it would be like that.

“Plus the guy with the dollar. He didn't blink and threatened me. I've never seen one more bitter than me. ”

I couldn't believe the theology I was watching most closely with Chairman Jin.

I can't believe there are more humans in the world than Jinyang.

“The Great Lakes.”

“Yes, sir. ”

“What share in your automobile's affiliate? ”

“Always maintain 12%. ”

“Studying. What percentage of your car ownership can you raise if you go to the limit of business defense? ”

President Jo Dae-ho asked a question he had never anticipated, but it immediately came out of the mouth of the head of the department of science.

“You can raise it up to 17%. We need to realign the group's overall stake structure because more than that will affect the share of life in circulation. ”

“There's no time for that. Just be ready when I say so. ”

“Yes, sir. ”

No one guessed what was going on. But they were sufficiently aware of the clouds and the cracks that were starting to appear in the crucible group.

* * *

On November 19, 1997, Chongyeon, appointed Deputy Prime Minister and Minister of the Ministry of Finance, showed a strong commitment to 'resolve the current crisis without going to the IMF.'

But the 21st is 10: 00 p.m. in two days.

Requests for relief financing along with improving international resin, stabilizing currency value, freeing trade, opening up capital markets and improving business transparency were announced in an urgent press conference, and the following day a special public discourse on the application for relief from President Youngsam Kim.

It was the beginning of the IMF.

South Korea's national credit rating fell, 400 comprehensive stock index lines collapsed, nine employers were ordered to suspend their business and Hana Group went bankrupt.

And….

Miracle Investment Office and O Se-hyun's cell phone were on fire.

“Oh, I don't know. Captain, we're not going to shoot you for the acquisition until we've finished the merger. Take a good look at the contract. The deadline for negotiation is February next year. We still have a long way to go. And why do you pay in dollars? I'll give you 120 trillion, Sejong the Great! ”

Oh Se-hyun hung up on me nervously.

“Is this the First Bank?”

“Yes. A commotion, a commotion. Twelve whimpers a day. ”

“I'm sure you'll think of something a little more thoughtful. ”

“I see. He's not even a kid in uniform. Eeee-!"

Oh Se-hyun waved his head like it was pathetic.

“So, how are you doing? Is Chairman Jin still counting? ”

“Yes. You don't want to give me a rough ride on your grandson. It's horrible.”

“What else could it be? You add it up, it's not less. Rolling my head to tear off some more of my grandfather's... ”

Oh Se-hyun came near me with a big smile. With a very friendly face.

“But, Joon. If the exchange rate goes up, what happens if we take 2,000 won? ”

“I'm so thankful. Three trillion won is five trillion won. ”

“That's what I'm saying. You're an asset of five trillion won. That too at twenty. How are you feeling?"

I shrug my shoulders and swipe them.

“Don't let the wind in. I want to play noble games in Europe with that money. ”

“You can do it. ”

“Uncle, the chairman of the Korean treasury who is wiping out rich European aristocrats and countries. Which one do you prefer? ”

Oh Se-hyun sat back, tasting his appetite again.

“Oh, you're not funny. ”

“Wait a little longer. I'm chairman of the Korean treasury, and I'll let you retire like a European aristocrat. ”

Although the whole country was in a portrait atmosphere with the IMF, we both had a lot of fun imagining and smiling.