The Youngest Son Of A Rich Family - Chapter 276
[276] About bowing my head 1
In front of me, I bowed my head and looked at me with a polite nephew, but time passed helplessly while I was tossing and turning with my uncles who had swords in their hearts.
The Australia system was abolished and Park Ji-sung became the first Korean player to advance to the dream stage of the ‘England Premier League’.
The restoration of Cheonggyecheon, a long-cherished project of the mayor of Seoul, was completed in 2005 after two years of construction.
Professor Hwang Woo-suk’s dissertation scandal stirred up the country, and on December 30, 2006, Iraqi dictator Saddam Hussein was executed.
When I turned 30, the only unmarried people in my family were me and Sang-jun hyung.
“Well… I’m not living a dissolute life, looking after this woman with my overflowing money… I don’t have time to date and I don’t intend to rush into a marriage that I can’t because I’m busy with my own work.”
My father did not burden me with trivial words.
“But did your girlfriend keep waiting for you? A woman in her 30s will be very nervous.”
“A judge is a civil servant who is so busy with work that he has no time to think about anything else. It doesn’t look very uptight.”
“Is it really so?”
“Because I have confidence. Even if it’s not me, if you extend your hand, the men who will come running and support you will receive a number and wait. He is a child with nothing to regret.”
The father’s eyes turned into pitiful eyes.
“If you say it because you don’t know, giving up love marriage and getting married is the answer. But I cannot see my son growing old as an old man living alone.”
Marriage is also a useful card.
Everything went well and I want to use this card where I want.
In order to do that, you have to run and work hard now.
Especially this year is a golden time. You have to make a meticulous plan and step on it step by step without any error.
His impatient greed kept getting ahead of him, but he shook his head and shook his greed.
The basis of the plan should not be greed. As always, greed punctures plans. It is because greed is what fills the hole.
Like a boat on flowing water, if you leave it to the current and flow naturally, opportunities will come. The secret to victory is to prepare thoroughly so as not to miss the opportunity.
Preparation is too easy for those who know in advance the dangers to come.
Fortunately, I have checked all the reports on HW Group’s important projects and am in a position to warn of dangers at any time.
“President. It would be better to hold off on advancing into the Middle East.”
Chairman Lee Hak-jae let out a short sigh as if he was dumbfounded.
“after-. It’s the first day of work in the new year, man. You haven’t even started the kick-off ceremony yet, so are you lighting the candles?”
“So this is a word in advance. Let’s do our best to enter Dubai in the Middle East… If you say this and then cancel it again, wouldn’t it make you stand out as the chairman?”
After confirming my serious expression, President Lee Hak-jae spoke into the intercom.
“The kick-off ceremony is to be conducted by the presidents of each affiliate. There won’t be an in-house broadcast, so tell them not to wait. The presidents meeting is also postponed. We’ll decide in the afternoon.”
He looked at me again and said.
“Now tell me. You know what the construction industry is going through right now? It is even said to be the second Middle East boom. It is a golden opportunity to earn a lot of oil money. But are you going to kick it?”
“It’s not kicking, it’s not going in.”
“That is it. Why?”
“Right now, Dubai is a sand castle built on sand… no, on foam. The floor and pillars are all precarious. Dubai will turn into a sandstorm and hit us.”
“Foam and sand… What is the basis?”
“Because America is collapsing.”
Chairman Lee Hak-jae was silent for a while with an absurd expression on his face. But when he opened his mouth again, it was a very serious and calm expression and tone.
“I know you’re the only person I have to listen to, no matter what bullshit on the planet. But this is a bit harsh. Is America collapsing?”
“It is true. Right now, America is feasting on trillions of dollars of bad debt. Doesn’t insolvency collapse if you can’t overcome the weight? It will soon sink under the weight of the money feast.”
“continue.”
He listened and focused on my words.
“US housing prices have been on the decline since last year… to be precise, since September 2006. It doubled in just 10 years, but not anymore.”
“Is it that strange that you doubled in 10 years? It was because the dot-com bubble ended in 2000 and money rushed into real estate. It’s a natural phenomenon. that’s not a loss Because real money moved.”
“Do you think that no matter how much money Silicon Valley investors have, the amount of money being pulled out of dot-com is enough to double the price of a house in the United States? This is the average index. Excluding the ghettos in the US, decent housing prices have more than tripled.”
“Even so, why is it insolvent?”
“Because everyone bought a house with debt.”
“It is the same in our country.”
“Our country’s banks don’t lend money to unemployed people to buy a house. Also, even if you are a solid office worker, three or four banks will not lend you money with your house as collateral.”
Chairman Lee Hak-jae raised his eyes. I know that American banks, unlike Korea, do not hesitate to lend aggressively, but this is an act of throwing money away.
If you take out a loan like this in Korea, you cannot avoid going to prison for fraudulent loans.
“Is that true?”
“yes. Been doing this for years. The time has come when I can’t bear the weight.”
“How the hell do you know this?”
“New York Miracle is an investment company. Reports are sent to me every day. I’m analyzing it. And the New Yorkers are pretty competent. They were sensing the red flags from the beginning.”
The impact that the US funding crunch will have on the Middle East. Chairman Lee Hak-jae shut his mouth and thought for a moment.
“President. You just need to know that there is a danger, and we
will avoid it…”
After all, this nobleman is a villain no different from his grandfather.
“But you are the only one claiming to be dangerous. No one is sending a warning anywhere. Neither our US branch nor the American corporation of Sunyang Group say anything. If you’re wrong, we’ll have to get out of the banquet table and watch others suck our fingers as they eat to their fill.”
“Think of the IMF. Not a single one said it was dangerous. But at that time, I took care of Sunyang Motors and took over Ajin Group and Daeah Construction. I was playing with money alone. Did you forget?”
“That’s why I’m listening to what you’re talking nonsense right now. I can’t believe it…”
“I can’t believe it, but you will believe it, right?”
“for now. I guess I’ll have to find out a bit to be sure. Even if insolvency accumulates, the possibility of a soft landing cannot be discarded. The wealth accumulated by the United States cannot be compared to that of our country. I think it is unreasonable to compare it to the IMF crisis.”
Even if it seems to be withheld, I will do it my way. The greater the risk, the stronger the voice of the person you trust.
“If you are right, Sunyang Construction will be hit hard. It is difficult to recover.”
“Would you like to build one? Construction, heavy industry, and civil engineering should be staggered.”
Chairman Lee Hak-jae thought again.
When he opened his mouth again, he even showed a strange smile.
“For the time being, construction performance will hit bottom.”
“I will not hold you accountable for the poor performance. As a major shareholder.”
“Why do I have to bow my head to the vibrator vice president?”
The thing this person hates the most is to say sorry to the children of the person he served. Something that makes me feel like a servant who has inherited generations.
This is something to be relieved by receiving a great reward.
“If Vice Chairman Dong-gi Jin becomes unemployed, I’m thinking of offering him the position of president of HW Construction… How about making that offer yourself? Would you mind relaxing?”
The corners of Chairman Lee Hak-jae’s mouth went up.
“Is that a good idea? haha.”
* * *
“Who?”
“This is HW Chairman Lee Hak-jae.”
“Connect.”
Vice Chairman Vibrator took a deep breath and picked up the receiver.
“Oh, who is this? Chief Lee Hak-jae… No, Chairman. sorry. I made a mistake because I wasn’t used to the position of president yet.”
– It might have been better when you were the manager… I don’t know what it takes to become the chairman of a corner store. I didn’t contact you to lament this situation…
“Tell me. President.”
– Shall we have dinner? I have something to tell you, but Vice President Jin will be interested in it.
A compelling story?
There is no reason for a friend who has been sarcastically distant to contact you again except to ask for insurance.
Even though it was obvious that the story was never appealing or helpful, the vibrator obediently complied.
“Even if there is no compelling story, I am not the one who refuses to have a meal with the president. Let’s meet up after a long time and solve the old times.”
– Then, how about tonight?
“I see. They told me to remove the horns as well… haha.”
The eyes of Lee Hak-jae, who ignored his brothers. His attitude of always giving orders with his father’s trust on his back.
Seeing that he urgently asks to meet, he clearly has something he wants to ask.
I wanted to see the servile face of him who laughed at him and helped him a little as if he was a good friend.
* * *
The vibrator vice president was surprised twice this evening.
The first is how Lee Hak-jae changed after meeting after a long time. Her appearance doesn’t seem to have changed much, but the sharpness and coldness she had when she was serving her father has disappeared.
His gentle smile and casual laugh seemed like a completely different person, but it wasn’t awkward.
I wondered if this person had anything like this.
The second is because of the business he asked to meet.
I knew how to say sorry and ask a difficult request.
However, it is clear that it is a request, but in a way it is more like a concession.
The vibrator changed my mindset. We must hold onto Chairman Lee Hak-jae so that he does not change his mind.
“So, are you saying we want to join hands on the Dubai project?”
“That is the conclusion.”
“May I ask why?”
Lee Hak-jae did not avoid the suspicious gaze of the vibrator.
“It’s a skill problem. Is there another reason?”
“skill? Could it be that Dae-ah Construction’s skills are lacking?”
Lee Hak-jae sighed and drank a glass of wine.
“Sangam-dong is the only big project. And all the experienced Daeah Construction early members packed up and left. It is clear and solid, but there is no one with experience. One or two buildings in Dubai would be fine, but I can’t just go out to eat them.”
Large overseas projects carry risks that cannot be compared to domestic demand.
It is a game where you have to move and eat big as the risk is high, but this is impossible without the asset of experience.
“All the early members of Daeah, who are experienced, were caught stealing money, so the company couldn’t let them go. Heh heh, that’s true.”
The vibrator replaced it with a grin as if it was a pity to hide the joy.
“Then, do you have any thoughts on how to hold hands?”
“I wonder what a consortium between HW and Sunyang would be like.”
If the beginning of the negotiation is a consortium, the last one can be finished with a subcontract.
Vibrator quickly began calculating the pie the two companies had to split.
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