Chapter 19

Shall we make nuclear weapons?-19

“It won’t be the last time. What does that mean?”

Chairman Han looked at me with narrow eyes as I interrupted.

“It means that Wooyoung Heavy Industries cannot prevent the company from becoming insolvent even if the president provides credit now.”

“·················ogue.”

“Then the president would have to provide more support from time to time to avoid any loss, and that is a situation where you pee on your frozen feet.”

There is nothing more piercing than sayings based on facts.



Wooyoung Heavy Industries, which had undergone dramatic revival even when it had already turned away from the banking sector, fell into a swamp of insolvency again every time, and had to revive every time it really wanted to go bankrupt.

The important point here is that it was because of the help of Chairman Myung-Ho Myung.

If left as it is, Chairman Han’s losses will grow, and Kim Pan-woo, who has been revived as a knight using him as manure, will become a cancer cell in this country.

“However, Wooyoung Heavy Industries developed the ship engine manufacturing technology that was dependent only on Japan. Do you think there is no possibility of revival in such a place?”

“I’m sorry, but in the end, the technology was just throwing away the things that Misbishi used to be useful to Wooyoung.”

“·················ogue.”

“Simply put, the technology that Wooyoung developed is no longer marketable. For your reference, Misbishi has already developed a new engine with more than 20 percent increase in power output and fuel economy.”

The chairman narrowed his brow.

It’s not that he didn’t understand the meaning, but the truth is questionable.

“I’ve never heard of such a thing.”

“That’s because Misbishi hasn’t announced development yet. We’ll probably keep it a secret until we get it to the market early next year.”

“·················ogue.”

Chairman Han Myung-ho bit his chin.

If I had to interpret that expression, would it mean, ‘Then how the hell do you know that?’?

That’s right, you don’t have to give me an answer, so all I have to do at this point is drive the nail.

“At the end of the day, what I’m saying is, if you’re thinking of using that technology as the basis for a loan, think again. In addition, the will of the management is important for a company to revive, but can it be said that the will of the people who take money abroad even when the employees are not getting paid properly? If it really is for Wooyoung Heavy Industries, it would be better to let this opportunity be passed on to a more ethical manager.”

For a moment, the president’s eyes widened.

He abruptly got up from his seat and headed somewhere, until a while later, he appeared again.

“Can you take responsibility for that? It means that Kim Pan-woo stole money abroad.”

Of course you can take responsibility.

Later, when he turned into a member of the National Assembly, the issue was revealed later, and the political world was so noisy.

In the end, Pan-Woo Kim failed in his re-election due to the problem, but, no matter what he did, he entered the political arena again in the next election.

“Isn’t that something you should find out?”

“It’s true that I’m still doing it, but I’m asking because the matter is so serious. Depending on my decision, Kim Pan-woo may not be able to revive forever.”

“I’m sorry, but I don’t talk about things that aren’t there.”

“·················ogue.”

He looked worried for a while.

After some time had passed, he, who had been rolling his eyes all over, looked at Heejin with a disappointed expression.

“Call the west side and tell them to come back without saying anything today. And if it turns out to be true, I will withdraw all the funds I had previously applied to Wooyoung.”

“Have you already applied for funding?”

Heejin left behind and asked.

Biting his chin doesn’t seem like a small amount.

When he realized that he was a little late, he smiled timidly.

“That’s my business, it’s not your concern. By the way, did you know that your father and I are special?”

“Yes, I have heard of it.”

However, before arriving here, Chairman Jin had confirmed his relationship with him.

He was always there for Jawoo when he was having a hard time, and it was thanks to this old man’s support that the old Jawoo Defense was able to take over companies that were bigger than him.

What was a little surprising was why I didn’t know about a person who had such an impact on all parts of the business world, and I think that is perhaps the most convincing evidence of the power of this old man.

In the midst of countless government changes, he has never appeared in the media, which means he is very powerful.

“By the way, the relationship between the two families is pretty tough. After seeing the parents and then the children, it’s okay.”

Chairman Han showed his eyes wet with regret.

As the silence continued, he changed his expression in an instant and looked at me.

“I’m sorry, but I didn’t mean to treat you with a meal because of Heejin.”

It was roughly what I expected.

Unless there was some other reason, I wouldn’t be stubborn and rude like I did.

Actually, I didn’t turn down the offer in the end to check the reason.

“Actually, I was just paying attention to the movement of the Jaewoo group these days. Coincidentally, I was even more curious to hear that my daughter finally got help from you.”

“I don’t know why you are interested in Jaewoo, but the problem with your daughter is just a coincidence.”

“I know, but there is a saying that if that coincidence repeats itself, it is inevitable. Actually, my meeting with your father also started by chance.”

“……”

“Anyway, my daughter did. She says you’re on the businesswomen’s luncheon invitee list. So she said maybe she wanted to take a chance, so she took some time … Ttt, let’s just skip that part.” . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

I tried to jump over it, but I already caught the words in his mind.

He must have wanted to express his broken self-esteem.

They say that when you grow old you become a child, and I never thought that you would really have that in your heart.

“Are you offended by my refusal?”



“Rather than that, I felt bad about being pushed by Lee Yong-moon. From my point of view… what is it, are you laughing right now?”

“Sorry. I just can’t get used to it.”

“what?”

“It is shocking to me that there is someone who can build pride against Chairman Lee Yong-moon of the world.”

“What is the use door of heaven? If it wasn’t for my money in the past, that friend’s father would have already lost the company.

“I heard that and I know.”

“Did this president even say that to you?”

Significant gazes flew.

When I was wondering if that was such a big deal, he immediately threw out something off-topic.

“By the way, if there is anything I can do to help, please let me know.”

“·················ogue.”

“If Pan-Woo Kim’s story is true, I owe you a huge debt. I can’t just sit still in that yard.”

“That’s it, it was just advice I gave because it was obvious that the president would lose money. Just think of it as a favor.”

“No, my pride doesn’t allow it.”

“·················ogue.”

It didn’t seem like it was going to be easily broken.

If that’s the case, then there’s no reason to refuse.

As I stared at him, he suddenly smiled.

“If there is nothing to help, what would be good… By the way, are you thinking of investing in real estate?”

It wasn’t just that he was there, he was eating his heart out.

Because of that, I was also looking for a suitable item.

The moment I looked at him with curiosity, he pulled out a piece of paper from the notebook on the table and looked at it.

“Then let me recommend something. The building cost about 70 billion won before the IMF broke out, but now the price has dropped to 40 billion won. The important thing here is that if I step in, the price can be lowered to 30 billion won. How about you try it?”

In terms of price, it fit my budget perfectly.

But what the hell do you mean by lowering the price of a building worth 70 billion won to 30 billion won?

No matter how much the property was sold due to the economic crisis, it wasn’t to that extent.

“How is that possible?”

“If it’s an auction, it’s possible.”

“·················ogue.”

“Looking at his face, he didn’t seem to have thought of that.”

“Yeah, not yet…”

“Originally, auction prices drop in an instant due to bids unless someone else’s hands are involved. The important thing here is that when I go to auction, no one dares to put a spoon on it.”

For a moment, I also agreed that our relationship was not normal.

Anyway, right now, I was looking for a place to invest in surplus assets, but that old man appeared.

If we can get his help, it will be possible to dramatically shorten the time to raise Thales’ stake beyond the line of simply making a profit.

“……”

After all, I had enough time.

Anyway, it will take several more months for the sensor module for smart cannonballs commissioned by Samjeong to be completed.

In the meantime, if you can call on the funds to secure the stake, it will be a real bonus.

‘Actually, it is better to secure at least a stake before the smart cannonball is completed.’

If the delivery is known to the outside world, the stock price will rise, so you don’t know how much more the funds needed to secure the stake will rise.

By the way, it’s kind of embarrassing to suddenly jog my head, which I’ve been holding up stubbornly the whole time.(Read more @ wuxiax.com)

noob!

“That thing, I’ll take it.”

Embarrassing asshole.

life is like that

***

“From now on, we will proceed with the auction for the 1998 Takyung 610081.”

A few days later, Chairman Han Myung-ho and I participated in an auction that was in progress at the Seoul Central Court.

70 billion at the pre-IMF market price.

And the current appraised value is 43.2 billion won in a large building in Gangnam-gu.

The strange thing is that the individual was holding it in a way that was not appropriate for his size.

The bank could not afford the soaring interest rate and proceeded with the sale, but it did not sell in time, so it was eventually passed to an auction.

“Most of the mortgages are things that First Bank has. The loan amount is about 30 billion won. Since we set the setting to 120%, it can be said that most of the winning bid amount is actually collected by First Bank.”

“Are you saying that you loaned 30 billion won each to a building that was not appraised at a market price of 70 billion won?”

“It was the time of the Gangnam boom. Even as a bank, such an economic crisis was unpredictable. Even if it wasn’t, it was a time when the loan ratio could rise as much as possible by just pricking the loan officer with some money.”

“Then, depending on the result, wouldn’t it be possible to disobey?”

The possibility could not be ignored.

Seriously, what kind of people are banks?

Perhaps they will certainly object to the moment when the winning bid does not meet their desired level.

“Then, if I keep making bids, there will be situations where I can’t even get it?”

“·················ogue.”

I had forgotten about that.

It is said that Chairman Myung-Ho Myung is the one who dominates this auction house.

If a being with such tremendous power intentionally induces a requisition, who will be able to stop it?

A savvy bank wouldn’t want the bids to be cut by 20 percent every time they last.

I’d rather take a loss on the right line.

“By the way, conscientiously, I have only had two inspections done, so they will think they are lucky too. To be honest, if it’s two bids, it’s at the level of a lot of attention at auction. Now, shall we hear the results?”

Can you make nuclear weapons too?

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