The Youngest Son Of A Rich Family - Chapter 212
[212] Multifaceted 4
“Mr. Jin Do-jun, don’t imitate the chaebol leader for nothing.”
I try to hide my displeasure, but the color of my face has changed. He is not yet a corrupt politician.
“The head of a chaebol doesn’t directly talk about money like I do. There are many subordinates who take care of everything without saying anything. If you bring up the topic of money directly like I did, that’s a favor. It’s like pocket money. I give them pocket money and don’t expect anything in return.”
“Don’t put a name tag on the money. The size of the money is the name. Big bribes, small pocket money. Isn’t it?”
“Size is relative… I’m not trying to argue with something like that. I apologize if you were offended.”
For me, the amount of pocket money I give to my parents can be the money to sell and fix to someone. That person is not wrong.
The chief economic officer lightly shook his hand.
“I didn’t mean to apologize. It just meant to be careful with each other. I knew it anyway.”
“May I take this as an affirmative answer?”
“no. It’s hard to say anything now. But I think it’s something worth trying.”
This kind of answer is not enough. I have to hear for sure. If something goes wrong, I only take 800 billion in cash and lose the rest. Shares in credit card companies… I didn’t prepare for 3 years to get a few hundred billion won.
“Senior.”
“yes.”
“Anything worth trying? I’m not meeting the chief to check that out. It’s not something worth trying, but it’s a very good idea. For that, I met and persuaded the Financial Services Commission and Miracle Investment CEO Oh Se-hyun.”
Unlike the chief economic officer, I did not hide my displeasure at all.
“Isn’t this a crisis that the government faces as soon as it is launched? I created an opportunity to break through that crisis head-on. In addition, a chance to show off the power of the regime. But is it worth trying…?”
Embarrassed by my sudden change of attitude, the chief economic officer tried to say something, but did not give me a chance.
“Miracle would be displeased with this laziness. It’s a high-risk business, taking over a failing company. Isn’t the government supposed to hurry before Miracle changes his mind?”
“Hey, Jin Do-jun. Calmly…”
Seeing him bewildered, he jumped up.
“I’ll give you an hour. If there is no definite answer in that, I will do what never happened.”
“Ha an hour?”
“Aren’t you the chief secretary to the president? Call the relevant ministers and report directly to the President. I think an hour is enough. Taking more time will inevitably lead to doubts about the momentum of the current regime, and this doubt will foster distrust that this will not be done properly. Then I’ll do something I’ve never done before. then.”
I bowed my head respectfully to him and turned around.
When pushing, don’t give it a chance.
* * *
An hour was like a year.
I was sure, but I can’t completely ignore the public servant’s habit of taking care of myself. It was hard to sit still, so I kept pacing around.
“It’s crazy crazy. sit down.”
Oh Se-hyun was relaxed. Even if this incident went wrong, he reassured me that it was a business that would never lose money because he would take 800 billion won.
But for me, it’s just 7% closer to my 7% grandfather’s study, so it’s so important that it’s incomparable to 800 billion won.
“don’t worry. I like the scenario in this case. There is no villain and no one loses. Except for us.”
“Us?”
“okay. You’re doing it because you decided that the card business had a vision for the future. If the card business continues like this, it will suffer huge losses.”
“uncle.”
“huh.”
“How much cash do you have in your wallet right now?”
“what? Why is that all of a sudden?”
“Take a look. More cards than bills, right? Just in case, except for the cashier’s check you carry for emergency money, it’s just a card, right? That is the vision of the card business.”
As Oh Se-hyeon was rummaging through her wallet, her cell phone rang.
It was just an hour after I broke up with the chief economic officer.
“Your chief.”
― We just finished our meeting and decided to go ahead with this plan.
A tired voice came from the phone.
“yes. I’m with Miracle CEO Oh Se-hyun right now. I will deliver it right away.”
― And you said to the Financial Services Commission that you want to complete the takeover process within the first half of the year?
“yes. do you have a problem?”
– no. It’s just to see if you can process it faster. Like lightning bolt to reduce the shockwave, this is our final conclusion.
Nice to hear from you.
“If you give me a time schedule, I will fit it. Even if it is processed within a month from now, there is no problem. I heard that the acquisition funds have already been prepared.”
– That’s great. Then we will contact you again.
“Thank you, chief. And I apologize for the earlier rudeness.”
– you’re welcome. It’s work. haha.
A soft laugh was heard.
― There will be a government announcement soon. That’s the signal flare, so let’s keep our hands and feet aligned.
After the call ended, he smiled at Oh Se-hyun.
“It’s done.”
Oh Se-hyun clapped her hands and burst into laughter.
“Hahaha! This is just taking loot without any investment. Your two uncles have become goofy in no time.”
“The first uncle would be the most absurd. I lost 800 billion in just two months. haha.”
I was really curious to see how that arrogant expression would change.
* * *
“Vice President. You can’t just watch it like this. We must also present strong self-rescue measures. It’s not serious.”
“It has been a long time since the cash service was discontinued. The protests of the financial sector are also not easy.”
Several card company executives gathered in the vice-chairman’s office complained of difficulties to the vice-president, Vibrator, in a cold sweat. They also felt a sense of crisis, so they couldn’t notice anymore.
“Isn’t service disruption now accepted by consumers as a fait accompli? You said you only use it to buy goods? Let’s hold on a little more like this. I’ll solve everything in one shot.”
Compared to the executives, he seemed more relaxed, but Vice Chairman Vibrator also had a blank look as if he couldn’t sleep at night.
“Vice President! It was a big deal.”
Suddenly the door burst open and a secretary ran in. He didn’t even bother to knock and turned on the TV.
“what?”
One of the executives shouted, frowning, but when he looked at the TV screen, he opened his mouth and said nothing.
Morning dramas were in full swing on TV, but breaking news texts flowed at the bottom.
< Urgent Breaking News: Government decision to suspend Sunyang Card business. As of midnight on April xx, Sunyang Card cannot be used. >
Two days later.
There are only two days left before the card company’s only product, the credit card, turns into a simple piece of plastic.
The cell phones of the executives were already crying loudly. Vibrator’s phone call was no exception.
But no one answered the phone. The executives were ignoring the loud cries of the phone and staring only at Vibrator’s mouth.
“Everyone go out and see what happened. And start controlling the media. Hurry up…”
Seeing his pale face, unable to even shout, stuttered, it was clear how great the shock was.
The executives spurred on and ran out, and Vice Chairman Vibrator breathed heavily with his head bowed.
When the sound of breathing died down, he stood up too. Things had come to this point, so I had to throw the last card.
Heading to his brother’s office, Vice President Vibrator kept his lips firmly shut.
“Come on. I was waiting.”
Vice Chairman Jin Young-ki was already watching breaking news that was urgently dealt with on TV.
『…The Suspension of Sunyang Card is known as the most powerful measure of the new government. With this, the card crisis has entered a new phase.”
『Card companies have requested high-intensity self-rescue measures, but Sunyang Card has not shown any reaction. The business community accepted the credit card crisis as a warning containing the government’s strong will to deal with it at an early stage.” 『
Sunyang Group has not made any official response to the government’s action.
』
“Isn’t it normal to be a government slob this time?”
“Isn’t this your brother joking?”
“I am not familiar with this government. No, even if you are friendly, this is not it. To be clear, I have nothing to do with it.”
Jinyoung shook his head.
“Two days left. What are you going to do?”
“You can’t blow up a company. gotta live So, please provide 400 billion won in emergency support.”
“I? I have no money.”
Jin Young-gi’s eyes looking at his younger brother were already victors.
“You must have already told me what you would do if I were to stand on a cliff?”
“Ah, disposing of the controlling stake in the group?”
When Jin Young-gi snorted, anxiety crept up in the vibrator. Why are you so free?
“If you can stop it by disposing of it, stop it. That is the role of the head of a company.”
“older brother!”
Jin Young-ki tossed a document file at his screaming younger brother.
“Timing is all that matters. Your threat has already expired. Take a look at that.”
Vibrator hurriedly opened the file.
“This… this…”
“I signed a few days ago. Now you owe me 800 billion. If the cruiser card collapses, an additional 7% stake will come into my hand. There is no reason why I should help you. No… To be honest, I want to beg for it to go bankrupt quickly. I can’t thank the government this time. Had I known this was going to happen, I would have regretted not adding a few billion more in campaign funds.”
Vibrator read the contract he held in his trembling hands over and over again.
“Do-joon, this son of a bitch…!”
“Don’t blame your little nephew for nothing. He also looked at you a lot. But what can I do? The 800 billion won that I will receive may be blown away, right?”
“Does my collateral look like only 800 billion won?”
“He knows that stocks can’t be bought with money. But is it clear now? Do-joon, that guy likes money more than group dominance? He’s young, but his calculations are fast. They realized that taking the cruiser was impossible.”
It was a suspicious vibrator. Although he is a young nephew, he thought his ambition was greater than the two people present. That’s why I thought I would hold on to the stake no matter what. Am I reading it wrong?
“Now I own 43%. With just 8% more, I will put my name on the chairman’s office of the Sunyang Group. It’s really just a matter of time. All you have to do is convince the executives and give Do-joon or Oh Se-hyun a few affiliates of the group.”
Jin Young-gi teased his younger brother, who was contemplative and couldn’t say anything.
“Ah, do you want me to pass on your share? Then, I will leave the position of vice chairman and the affiliates I have now. I know very well that you have good business sense. And we are blood brothers. A family is better than strangers.”
Vibrator stopped listening to his grinning brother.
It was decided that no solution could be found at this point. Now, the only person who can rescue him from the cliff is his father.
As the vibrator was about to leave, Jin Young-ki’s harsh voice stabbed him in the back.
“Look carefully at the headline of tomorrow’s edition of the Hansung Ilbo.”
“what?”
“We will send a signal that you can chew Sunyang Group, which the media has been paying attention to. Then you’ll become an unscrupulous manager in an instant? No one’s going to see you anymore. I can’t get out.”
To say such a thing out of the mouth of the guy who just said blah blah about his bloodline.
Vice-Chairman Vibrator kicked out the door with his teeth clenched.
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