The Youngest Son Of A Rich Family - Chapter 209
[209] Multifaceted 1
“Why do I have to stop the cruiser card from being ruined? Wouldn’t it be much more profitable to own a 7% stake in the group than to save a company that collects fees by spending over 1 trillion won?”
Vibrator had nothing to say. If your goal is to swallow a group, this is a hundred times better.
“It’s been a long time since I’ve seen you flustered. Looking at you, are you sure I made the right choice?”
Looking at his brother smiling round and round at himself, he regained his composure.
“That’s a scary guy.”
“bloke? Aren’t you talking about me?”
“I’m not the type of person who is so mean that I talk to my older brother about it. I mean Do-joon.”
“Do-joon?”
“okay. You gave me a big hint.”
Vibrator, who regained his composure, also smiled.
“Don’t think that only Do-jun will sell all his stocks. I can sell all my stake in the group.”
“Puhaha. Are you selling stock?”
Vice-Chairman Jin Young-ki raised his hand and pointed at the portrait without stopping laughing.
“Are you giving up on that chair under that portrait? you?”
“If you feel like you can’t go even if you crawl, you should give up.”
“I’d rather give you a little plausible reason and ask for money. Even if all the limbs are cut off, what kind of person would crawl in that place…”
“There are things my brother still doesn’t know.
“stop.”
“People have more negative power than positive. My desire to prevent others from sitting in that seat is greater than my desire to sit in that seat. If I sell all my stocks, no one will be able to take the chairmanship of Sunyang Group. If control over affiliates disappears, Sunyang will collapse, so the position of chairman will disappear.”
It was a huge remark, but Vice Chairman Jin Young-ki still laughed.
This is because the younger brother knows better than anyone else that he will never abandon Sunyang.
“Then did you do that?”
Jinyoung got up from the sofa.
“You take a good rest here in the president’s office. Because no one will come into this room in the future. haha.”
Vibrator gritted his teeth as he gathered Jin Young-ki’s back as he left the chairman’s room with a smile.
Jin Do-jun’s words that threats are not words came to mind again.
* * *
“It’s hard to see your face when you’re in the same building. What are you so busy with?”
“I’m sorry, uncle. I need to visit you…”
“It’s done. Stop talking nonsense and sit down.”
Looking at Vice Chairman Jin Young-ki’s face, he is in the mood to say sorry to me. The bright smile that he didn’t show well is proof of that.
“You know why I asked to see you? It’s a bit serious now.”
“yes. Isn’t it because of the card crisis?”
“I shouted that it would be solved in one day, but now the cash service is suspended for the third day. Most of the merchants have already rejected the cruiser card. But your uncle is letting go.”
“yes. As it decorates the news every day… Even the press suspected of intentional bankruptcy.”
“You know very well that Budo is not such a person.”
“If it were me, I would go bankrupt.”
“what?”
“When I handed over Sunyang Card, I gave away all of the group shares. Sunyang Card is a completely independent company. Even if a credit card company disappears as a company where people and money are everything, there is no impact on affiliates in the heavy industry sector. How good would it be if you put all the dirty dust on it and then wash it off until it gets old?”
Vice Chairman Jin Young-ki listened to my words.
“If it were you, it would be. But the motive doesn’t. The weight of the name Sunyang is qualitatively different from yours. They don’t give up their affiliates so easily.”
“Do you really believe that?”
“Of course.”
“Then, buy Chunyang Card shares.”
“huh? What do you mean?”
“Currently, Sunyang Card’s share price is hitting the lower limit every day. As if it will soon become a piece of toilet paper. If you don’t go bankrupt and get back to normal, wouldn’t you make a huge profit?”
For a moment, a look of bewilderment was lightly reflected.
“Dad, you hesitated just now, didn’t you? That’s the real heart. Actually, my uncle is also worried that the Sunyang Card might go bankrupt.”
“Hmm…”
Vice Chairman Jin Young-ki cleared his throat once and then quietly turned away.
“Let’s look at the card a bit more and come to a conclusion. There is a different reason why I asked to see you.”
“Tell me.”
“I’m thinking of buying the stocks you took as collateral after handing over the credit card company to your classmate… what do you think?”
Eventually this word came out. I put it off for now…
“I can’t say anything yet. Maturity is end of June. I can pay it back in full in two months.”
“Nothing like that. If it is not my money, my motive cannot escape this crisis.”
“Because you can get it somehow from the financial sector by using stocks as collateral. We have to wait until then.”
This made it clear.
Vice Chairman Jin Young-gi is not interested in the dark future of Sunyang Card. I just hope it doesn’t disgrace the name Sunyang. He wants it as security for my hand.
Vice-Chairman Dong-gi Jin only wants to get back the collateral. I don’t have the heart to try to normalize the headache card company by now. However, if you avoid bankruptcy and maintain your life, you will be satisfied.
It’s obvious that you want to go back to the state before you took over the credit card company in the first place.
i want both
Vice Chairman Jin Young-ki looked at me blankly and said.
“How much is the bond?”
“800 billion.”
“Give me twice as much. Sell that bond to me.”
“yes?”
“Aren’t you an expert in this field? Bonds are also a commodity. Can’t you buy and sell at any time?”
“I do, but…”
I was caught.
“I’m not buying stocks, I’m buying bonds. If the motive pays back the money, I lose 800 billion won. You are an unconditionally leftover business. yes?”
“According to the calculation, it is.”
“Then what are you hesitating about? Do you really want to secure a controlling stake in the Sunyang Group and become the chairman, beating this uncle?”
He is truly a straight forward person.
I even try to confirm my ulterior motive with bonds.
“It can’t be. It is also difficult to receive a few financial companies.”
“Then hand it over. Earn twice as much by selling bonds. There’s no reason to hesitate. is not it?”
You need to finish the calculations of your short time plan to take a breath. Half of it was expected, but I never thought I would be bold enough to blow up at least one affiliate to secure a stake…
But I wasn’t a genius. While taking a breath, the only thing that came to my mind was to buy more time.
“Couldn’t you just give me a day to think about it?”
“If you want to meet me tomorrow and say no, do it now. Only then will I know your black ulterior motive as soon as possible.”
This of the overtly revealing enemy must also be avoided.
“Uncle, how can you say such terrifying words… Because I need some time to research the terms of the contract to get a positive answer.”
“Really? If you drag it on for more than a day, they’ll think you’re on your own.”
The way he pushes like this is just like his grandfather.
“That won’t happen.”
I answered as politely as possible.
So far, you can’t lose Cheok with this nobleman.
* * *
“I want to meet the Chairman of the Financial Supervisory Service. If I was in charge of Sunyang Group’s financial division, I could be alone, right?”
“Why are you suddenly like that?”
Vice-President Jang Do-hyung stuttered as if he was embarrassed by my request.
“Don’t ask why. Say you want to have dinner tonight. You insinuate that I might be able to solve your problem.”
“I see. We will contact you immediately.”
“No contact, make an appointment. please!”
Jang Do-hyung, who saw me screaming, swallowed his saliva. It was to the point where I realized how urgent and important it was.
“yes. Leave it empty for dinner.”
Jang Do-hyung took out his cell phone and left the room.
It’s possible with just one phone call from Grandpa. But I can’t lean on it every time I feel sad. If it’s not the president, I have to contact them directly.
It will be difficult for them to refuse my request. At least I have the halo of Jin Yang-chul, chairman of Sunyang Group.
* * *
“Thank you for coming out like this even though I contacted you urgently.”
In the quiet Japanese restaurant, I opened the door and bowed my head toward the two people entering. The head of the Financial Supervisory Commission and the director came in together.
He is the director of Policy Bureau 1, whose face was reflected in the news.
“Couldn’t you come out to help me solve the problem? I look forward to it.”
If you say something that is not nutritious, it means that you will stand up right away.
“Currently, you two are the busiest people in our country, so can we bring up business right away?”
I said right before the food came out. I have more time than those two.
“of course. Rather, I wanted to ask you first.”
Director 1 welcomed him and nodded his head.
“It’s a cruise card. What do you think?”
“Are you running errands for the vibrator vice president?”
The chairman asked with a suspicious look.
“no.”
“Then tell me what I have to say. The cruiser card didn’t break that much. Rather, it is sound compared to other card companies. If we invest only about 400 billion won right away, we will urgently turn off the fire. However, stopping the service seems like an outright threat to the government.”
“There are credit card companies that cannot survive even with a transfusion of 1 trillion won. A place like that is also struggling to come up with self-rescue measures, but isn’t the cruiser card putting both hands aside and saying I don’t know? I am well aware that the cash mobilization power of the Sunyang Group can solve the problem at once.”
The two did not hide their displeasure.
“What do you mean by blackmail against the government?”
“Is it because you don’t know? Aren’t you asking for a public fund transfusion?”
Maybe it’s because they’re public officials, so the information is late.
Did he not even notice that the family quarrel was in full swing?
“I took the time because the Chunyang Card belonged to Jin Do-jun at first. What the hell does Vice Chairman Jin want?”
The blatant question of Director 1. This man… must have been angry.
“I don’t know what Vice Chairman Vibrator wants.”
“what? You want to joke with us now?”
“no. How would I know if I hadn’t been in and out of his head? Instead, I can tell you exactly what I want.”
“This… this person…!”
The moment Director 1 was about to give up, the chairman looked at him and slightly bit his lip.
“Tell me. Let’s listen.”
He opened his mouth to the calm chairman.
“Please do not use the cruise card. Isn’t that a virtually unusable card anyway? A cease and desist order is sufficient.”
“What is it?”
“yes. It will go bankrupt for the first time in the credit card industry.”
“Are you pouring oil on the fire? The whole card industry is already…”
“Listen to the end. Shut up.”
Director 1 quickly shut up at the harsh words of the chairman.
“After the new government was launched, you have not yet had a dinner at the Blue House with the heads of the business world. So, you must be discussing the intensity of the pressure from the business world right now… To be honest, chaebols don’t even blink at all.”
Director 1 narrowed his eyes and the chairman smiled slightly. It must have seemed like a big deal since the third-generation conglomerate had secretly criticized the chaebol.
“The suspension of Sunyang Card will be a strong message from the new government. If this is a super-powerful sanction, even the chaebols ah! be hot! would you? Self-rescue measures will be carried out more quickly and effectively.”
“If that happens, the cruise card will go bankrupt. It’s self-rescue and there are no more chances. We need to know that the bankruptcy of the cruiser card has a huge impact.”
As if trying to read my intentions, the chairman carefully examined my expression.
“I will absorb all of that shock. How is it?”
I smiled brightly and looked at the faces of the two.
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