Breaking Up Is Better Than Divorce

Brexit

“Aren’t my situation right now like a dog being dragged by you on a leash?”

David didn’t say anything to Heo Dae-woong’s words.

Because they both know that denial in this situation means nothing.

“In that case, it would be better for you to give what you want and ask for mercy. Isn’t it?”

“Are you good? You seem to be asking for something?”

“priority… … You. No, to be precise, I want to know what Kang Yu-jin is going to do with the Daeyang Group.”

“I understand that you have no plans of what to do with the Daeyang Group. The Daeyang Group and the Daeyang Group’s four owners are completely different.”

“okay. The family of Daeyang Group’s four owners. Am I supposed to be part of the family?”

Heo Dae-woong asked with slightly atrophied eyes.

“I don’t think that’s a story for me to judge.”

“It is. Anyway, I wish I could get him out of the family. In other words, Kang Yu-jin means to take it out of the revenge that that person is trying to get. Me and my family have nothing to do with what the family did.”

“This is not what I want to say, but it seems quite unreasonable to ask for an exemption from responsibility while ignoring the benefits I have enjoyed as a member of the Saju family.”

“but… … .”

“But let me tell you. At least you’ll admit that Dae-woong Heo and his wife have nothing to do with what happened to our boss’s family.”

David made a hole for Heo Dae-woong to get out of before making excuses again.

David didn’t really believe he could have that kind of influence over the boss.

To the end, I just know that I have to say that I can accept the demands of the other person in my current position.

“I understand that ultimately what your boss wants is to put our father-in-law and brother-in-law at our disposal, and get us out of the Daeyang Group. I will do my best to help you achieve that. Instead, I want you and my family not to touch it.”

“It is natural that the person who should be held responsible should be held accountable.”

David knew when to be ambiguous.

“Even if the Daeyang Group owner family pays the price for the crimes they have committed, they will not receive much punishment in Korean courts. At best, it will end with a probation. Then they will still enjoy everything they can afford with the wealth they have accumulated. That’s not the right ending.”

David knew why Eugene wouldn’t do it even though he had more than enough money to buy the Daeyang Group.

Even if they spend tens of trillions of won to steal Daeyang Group, it will only hurt the owner’s family to a certain extent, and they will again live with the money from selling Daeyang Group shares and slush funds hidden around the world.

The same was true of the family owners of many large corporations that collapsed due to the IMF. Although the group went bankrupt, there were many victims, but those who should take the biggest responsibility are living comfortably with the funds they have accumulated.

Many of them brought their money from overseas to Korea through private equity funds, bought real estate, and took over companies, in some cases doing better than before the IMF.

Fraudulent accounting, lobbying, solicitation, tax evasion, hiding of foreign funds.

This is the image that the Korean people have of chaebol companies.

If an ordinary citizen is just one or two of these crimes, he should spend most of his life in prison.

Even in cases of tax evasion or embezzlement of more than 1 trillion won, the court always grants indulgences with probation.

It will not be different from the Ocean Group.

One or two members of the family may be humiliated in and out of the courtroom, but at their best, staying in the detention center for a year or two will be all they can do.

Even if they eventually get kicked out of the Daeyang Group, they will regain their influence with slush funds hidden abroad.

This is not the ending Eugene wants.

“I know what you want, even if you don’t tell me. So, I’ll try to gather as much evidence as possible. We will also look into overseas asset management companies that manage the slush funds of our artisans.”

Heo Dae-woong was the smartest person in the Daeyang Group’s four-week family. Compared to his brother-in-law’s not-so-great academic background, Dae-Woong Heo graduated from Seoul National University and completed an MBA at Harvard.

He has been contemplating what Eugene wants and what he can achieve.

Even when, as he himself said, he was caught by a great weakness and dragged around by a leash, he was desperate to find a way to survive.

He had to give the other person what he needed and open his own way.

“It would be nice if the Daeyang Group’s Saju family could be held accountable for their crimes.”

David still used vague language. This is because he knows that he should not be in the form of instigating Heo Dae-woong under any circumstances.

“And one more… … .”

Heo Dae-woong paused for a moment.

“Please don’t touch that person or Geun-seok.”

David knew immediately who he was referring to.

own mother-in-law. In other words, I am referring to the wife of the president of the Daeyang Group.

“I apologize for not being able to give you any answers here.”

“of course. Go and tell your boss that.”

“It is.”

“It will be advantageous for you to join hands with us. He and my family own a small stake in Daeyang International.”

Daeyang Group has not yet completely resolved the circular shareholding structure, and Daeyang International is the core company of such a circular shareholding structure.

“I will try to collect the weak points of our father-in-law and brother-in-law as much as possible. And if you want, like I said before, I testify in court. Instead, I will ask for a minimum guarantee from that person and my family.”

“Well sir. So I know.”

David didn’t give a definitive answer until the very end.

He didn’t have any decision-making powers, and he didn’t have the ability to give a definitive answer.

“He’s a pretty smart guy. I have a strong will to look at the situation I am in and overcome adversity.”

David reported on what he saw Dae-woong Heo.

“If it’s Heo Dae-woong, it’s a good person to entrust to Daeyang Trading, one of the key affiliates of the Daeyang Group.”

Eugene also recognized the value of a man named Heo Dae-woong.

“But he’s not a reliable guy. For his ambition, he brought his lover closer to the president, and he was targeting the president’s daughter.”

David laughed and said.

As a result of previous research, I was able to grasp a little bit about what happened 20 years ago.

Heo Dae-woong approached the daughter of the chairman, who entered Daeyang Trading Co.

Heo Dae-woong, handsome and elite, captured the heart of the president’s daughter, and then he was able to catch the eyes of the president as well.

“He is a dangerous person. So we have to approach it with caution.”

Even if he had a strong grip on his weaknesses, he was not a man who could look at him with ease.

Eugene instructed David to proceed with more caution.

“There is an 18% chance that the referendum will come out in favor of Brexit.”

The research team came up with predictions that weighed on the likelihood of retention.

It’s not the office’s research team problem.

At a point in time half a month before the referendum, predictions about the voting results were generally gathered in a denial.

It is true that there is growing dissatisfaction among the British about staying in the EU, but I did not think that it would result in a result foolish enough to pass Brexit, which would have a huge negative impact on the UK economy.

Gamblers who bet on the outcome of Brexit generally saw a much higher chance of staying at around 7:3 or 8:2.

Office’s research team had a not-so-different idea.

“If it is decided to stay, it is expected that the anxiety will be relieved and it will have a positive effect on the European and British economy. First of all, I think the euro and the pound will continue to strengthen. The stock market will also go up.”

“Well… … .”

“The short-term impact is clear. Both the pound and the euro are expected to rise by 5% within a month, and the share price is expected to rise even more.”

Joanna reported the prospects of the research team.

“What if it is the other way around?”

“It will have a devastating impact on the economy of Europe, particularly the economy of the UK. It’s not a very good situation right now, but leaving the EU could be very serious. Within a year, productivity will drop by at least 10%, and exports and imports are likely to retreat further.”

Joanna looked more confident than before.

“The worst case scenario is that the UK economy will be in a very serious recession. Of course, this is a long-term effect, and in the short term, we expect the pound to weaken and the UK stock market to fall. On the other hand, there is a possibility of a rebound in the European stock market.”

“How much do you think the impact will be on the pound and euro?”

“The UK Treasury expects the pound to fall by around 12% over two years if the vote is to leave the EU. We have similar thoughts on our side. In the short term, we expect it to drop from 5% to 8% in less than a week.”

Before that happened, people still didn’t know what Britain was doing.

“What about the currencies of other countries?”

“We are also weighing the strength of the dollar and yen.”

“Then it would be worth a try even if the yen rises.”

“The boss also thinks Brexit will be passed.”

Joanna asked with a hard face.

“Sure. It is an irresistible trend of the times. The British are uncomfortable being part of Europe. To be part of the European Union so far is great.”

For hundreds of years the British have drawn a line between themselves and continental Europe by the Strait of Dover.

In fact, what they were most displeased with was the issue of immigration.

In particular, workers and conservative-minded people were wary of the growing number of outsiders.

It’s the same in the US. Even white Americans are afraid of the growing power of blacks and Hispanics.

White workers’ fervent support for Trump stems from these fears.

“Prepare to bet with maximum leverage on selling sterling, selling euros, buying yen, and falling global stock markets.”

It’s a bigger bet than ever before. However, there were too many places to bet because the impact of the Brexit pro-Brexit vote is enormous.

“It’s a little risky this time.”

Joanna expressed concern. I’ve never had any doubts about Eugene’s decision, but this time was a little different.

Not only her and the Office’s research team, but all of the world’s leading scholars thought so.

Joanna said that the predictions of outsiders were not so different.

“Good luck.”

Eugene said with a happy expression.

“Are you happy?”

“Everyone thinks so, won’t everyone bet against me?”

Eugene is not the only one who bets big money ahead of such an event.

European betting sites have already raised millions of dollars.

And hundreds of times more money was betting on the outcome of the Brexit vote, mainly on Wall Street.

“In general, if you are betting on a Brexit denial, the output of betting on a negative outcome will also increase.”

“I wish it was like that… … .”

Joanna said with a worried face. She never wanted to see her chosen boss fail.

However, as the decision was made, from that day on, I started preparing my bets with all my might.

Contacting Wall Street investment banks, opening a variety of investment products, estimating appropriate rates, and negotiating continued.

“Eugene Kang is said to have put a big bet on Brexit approval.”

On Wall Street, every move of Eugene’s office was now a big issue.

Over the past two years, Eugene has successfully gambled nonsense several times, so it’s no wonder.

“It’s going to be very loud this time.”

“What has been successful so far is amazing.”

“Because luck will end someday.”

People in the stock market generally had a negative stance on Eugene’s bet.

Some of them probably stemmed from jealousy towards Eugene.

“Those who appear at once like that are bound to go away at once.”

Such bets on the Brexit approval were eroding Eugene’s reputation.

On June 16, ten days before the vote, a tragic event was reported in England.

“The Labor MP has been shot by a man who favors Brexit.”

Joanna said with a serious face.

“There is a lot of criticism about the unintelligent attitude of those who support Brexit. I think there may be a contraction of the pros and cons.”

The office is already working on the Brexit approval, so it seems that they could not help but feel anxious about this news.

It’s not a single penny or two, it’s an insane bet that cost 100 billion dollars. The thought that I could blow away such a huge sum of money because of one crazy Brexit supporter put me ahead of my worries.

“Something terrible has happened.”

Eugene also frowned. I remembered the process of Brexit, the results of the vote, and its impact, but I did not remember what happened that day.

Even so, for Eugene, this is an incident that happened decades ago.

“It’s unfortunate. There are always people who think their beliefs are more important than the lives of others.”

“What should I do? There is a possibility that public opinion will be turned against Brexit as a result of this incident.”

Joanna was thinking differently from Eugene on this matter.

“no. You don’t have to. Keep going.”

Without hesitation, Eugene said.