Chapter 70

[070] First fight 2 "Weak? Do you mind if I take over the Ajin Group and cross the water? "

My grandfather 's expression, which has a lot of power in the middle.

I was not surprised or embarrassed. It is rather a little angry look.

Is this look when the threat is not eaten?

"Do you think you took lightly the acquisition of Azin Group? If it did not make sense, were you thinking about it? "

Aha, I'm ashamed to give up easily.

My grandfather, the most disliked word was abandonment.

"I will not. If the merger goes away, do you think I will not be able to acquire Azin Group? "

"The first condition of the argument."

"Things change. Now it's really an 'emergency'. "

"There is something that does not change."

Four

"This is my influence. If we turn off the merger and call creditors, banks, the Blue House, and the National Assembly, the decision will not be made. And will you bid again? So the president of the Daxian Group will contact me for a drink. "

How many days have the government's official announcement that the deputy prime minister has applied for bailment to the IMF? The end of November is obvious.

If you look at this announcement, you will feel the fact that the influence of President Dae-sung's group does not work at all.

Grandparent

What? Are you starting to quiver now? "

"The government has spent $ 11 billion on the foreign exchange market, but the exchange rate is still skyrocketing. You saw the Bloomberg article? Korea has only about 2 billion dollars in foreign exchange reserves. Deputy Prime Minister Kang Kyeong-sik asked his parents to lend money to the TV on the TV. "

"Do you mean my power has been reduced because of the foreign exchange crisis?"

"Afraid not." It's not shrinking. It's gone. "

"what?"

Today, I saw my grandfather's most surprised expression now.

"I will have a hard time finding my way around. But will your grandfather phone be eaten? I think your grandfather should take the emergency situation a bit more seriously. "

I can not say anything.

It is my turn to blackmail.

"Well, if your grandfather's influence is re-engraved, that's a great thank you to me. No one will bid on it and Miracle will be the sole bidder. I do not think creditors are going to do anything for me, even if I use $ 120,000 to fund $ 800,000. "

My grandfather still has a tight mouth and can not say anything.

"President Dae-Hyun Group, you are probably wiping your chest by now. It would have been a lot harder if there was no cash and I poured $ 1.2 trillion into Ajin. "

"Do Joon-ah."

"Grandpa, wait a second. I'll give you one last word. "

My grandfather nodded.

"There is certainly hope in my grandfather's mind that the current emergency situation will soon get better. No, it could be hope. By the way… No such thing. Even if you look at facts well, you will know that our country will never escape this crisis. "

It is insecure if it does not collapse.

It was the heart of everyone as well as President Chin. But the vague belief that the scale of Korea's economy can not easily fall. This belief suppresses anxiety.

But now, my grandfather 's expression has changed.

I have forsaken my faith.

"Is your conviction not shaken?"

OK. A great deal happens. It's been a few days. "

"That means we need $ 1 billion dollars for you, is not it?"

"Our foreign reserves are only 2 billion dollars. I'm holding a half billion dollar bill. As soon as the dollar comes into Korea, all banks and businesses will run to the Miracle office. "

"Then I must have a number card to meet you."

"My grandfather is number zero. Right now, are you meeting me? "

My grandfather, who kept pondering for a while, said very slowly.

"I will call it from the textbook, and I will talk with my hand again."

I first saw a step back.

I can not help feeling that this is great. The president of the chaebol, who knows the words of a young grandson, is unusual.

But I can not get away with it.

Grandparent Now I am not funny. "

"what? Is he playing some money with some dollars? "

"It is serious. The former Ajin Group acquisition should be followed soon. I have a lot to do in the future. We need to shake up the dollar in our hands and look for businesses that will pick them up in shopping carts and negotiate prices. "

The second shows an embarrassed look.

Somehow, the proudness rose. I was the founder of Sunyang Group, which was a phenomenal and legendary being. It was also a small blessing that he won such a moment.

You… How much of a dollar are you holding? "

"I can not show all of my wallets, but I will be able to put Woosung in my pocket."

"Woo, you said Woo Sung? Is it true? "

"Yeah. Ajin, we'll tie up two cars. Do not you think it would be similar to Dae Hyun's car?

He stood up, pulling his chair back.

"I'll put the sprouts and sign the Sunyang car. This is another gift for my grandfather as a daughter. "

My grandfather began to look at me with his burning eyes.

"I'll wait for your second suggestion. Let's find out how much time we have left … Quick conclusion. Before the waiting list increases. "

"It is a little weak for intimidation."

It was a word to catch my foot out of the den.

"It is not over until the end. Was this what you said? It's not totally sore. "

"There is a saying to know when to withdraw. This is what my grandfather used to say. "

"That's totally crazy. "Heh."

I came to a foolish grandfather 's smile with a foolish sigh.

* * * Chairman Jin heard the call as soon as his grandmother left the den.

"I'm a student. Come home right now. Electronics, life, automobiles, products, construction companies. Quick

The chairman who put down the handset did not sit still and waited in the den.

The crisis the grandchild said.

I myself felt the crisis. But the size and depth are different.

The temporary difficulty of foreign exchange depletion is not unusual. Every time the government borrows dollars from the United States, Europe and Japan, or solves the problem with currency swaps.

The grandson says that this is different. The economic power does not lend or exchange currency. If the $ 2 billion is all about foreign exchange, there is a lot of food but it sounds like there is no water.

I am not starving, but thirsty.

Knock. Knock. "President."

People knocked in with knocking.

"Products and electronics! I inform the department. As of today, I hold the dollar as the export price comes in and give me the money to pay. And construction. "

"Yeah. President."

"Overseas projects bid 10% or 20% less. Instead of getting a down payment or a mid-payment, get to it as soon as possible. And life. "

"Ah yes. President."

"All the money I invested in foreign financial products. I like the penalty a little. We'll have to get it all back. "

"So, sir, it is too big a loss. Business balance … "

"Shut up and get it all back. If you lose, you have to go to customers. "

I do not know why the president is doing this, but it is serious. Just before bankruptcy, it looks like someone who planned to get cash and escape from the bank.

"President. You calm down … "

When the textbook spoke carefully, President Chin stopped speaking and began to take a rough breath.

"We are already ready. The foreign exchange of all affiliates is under strict control. "

President Jin shook hands.

"I do not have enough preparation. Be prepared to be prepared to fly one limb. Did you get it? "

"President, did you ever talk to Miracle Owner?"

who

"Miracle is holding $ 1 billion."

Really?

President Jin nodded his head and all his complexion turned black.

The story must have been broken.

A solid dollar bill of $ 1 billion does not come down.

"Did you refuse?"

“I will . . . 6.25 It is the money which also costs money. The war was not scary either. By the way… Now I'm scared. "

The wrong answer.

I wanted to do it if the person who was not flashing in thunderstorms could not see it.

"The dollar-holding guy adds up. I did not blink nor threaten my eyes. It is the first time that I am more ignorant than I am. "

I could not believe the science that I saw at the side of President Jin.

There is a more human being in the world than a gin.

"Great Ho."

"Yeah. President."

"How much is the stake owned by the automobile company?"

"Always keep 12%."

"I'm a student. If you go to the line of defense of management rights, what percentage of car ownership share can you raise? "

The president was a once unexpected question, but the numbers came straight from the mouth of the university chief.

"You can raise up to 17%. The more we touch the shares of Sunyang Life, the more we need to reorganize the entire stakeholder structure of the group. "

"There is no time for that. I'm just getting ready and I move on. "

"Yeah. President."

No one ever guessed what was going on. However, they felt that the group of Sungyang, which seemed to be a bastard, was clouded and started to crack.

* * * On November 19, 1997, Deputy Prime Minister and Minister of Finance and Economy, Chang Chul Yeol, who was appointed as Minister of Finance and Economy, showed a strong commitment to 'resolve the current crisis without going to the IMF.'

But on the 21st, two days later, at 10 pm.

The IMF said that it requested the bailout with the improvement of international balance of payments, stabilization of monetary value, trade liberalization, opening of capital market and transparency of corporate management. Announced.

It was the start of the IMF.

Korea 's sovereign credit rating has fallen and the KOSPI 400 has collapsed. Nine of them were ordered to suspend their business, and the Halla Group was injured.

And…

Miracle Investment office and Oh Se-hyun's cell phone were on fire.

"Oh, well. Master! You'll have to finish the merger before we shoot you. Take a good look at the contract. The deadline for negotiations is until February of next year. It's still a while. And why pay in dollars? I will give you $ 1.2 trillion, King Sejong! "

Oh Se Hyun nervously called off the phone.

"Are you the first bank?"

Really? Frenzy, frenzy. Twelve times a day, I whine. "

"Even with an unbelievable suggestion, I'll try whispering thoughts."

"Yes. It is not the boy who does the master each one. Eating -! "

Oh Se-hyun shook his head as if he was pathetic.

"But what about you? Is Chairman still calculating? "

"Yeah. I do not think you'd want to give me a grandchild. I'm terrible. "

"Would it be a chaebol? You do not get any less. My grandfather rolled his head to tear a little more … "

Oh Se-hyun laughed and came near me. With a very friendly look.

"However, Junja. If the exchange rate goes up, what happens if I shoot 2,000 won? "

"Thank you. 3 trillion won is worth 5 trillion won. "

"So you say. You are worth 5 trillion won. It is also age-old. How do you feel?"

I shrug my shoulders and push my shoulders.

"Do not put in the wind. I want to play nobility in Europe with that money. "

"You can do it."

uncle The chairman of the Korean conglomerate, who embezzles many European nobles and countries with money only. Which is better? "

Oh Se-hyeon sat down with her appetite again.

"I'm a funny guy."

"Wait a little longer. I will be the chairman of the Korean conglomerate and my uncle will enjoy retirement life like European nobility. "

Although the whole country in the IMF is in a superhero atmosphere, the two of us have laughed with joyful imagination.