[209]Multi-facet 1
“Why should I prevent Sunyang Card from going bankrupt? “Isn’t it more profitable to have a 7% stake in the group than to spend over 1 trillion won to save a company that collects commissions?”
The vibrator had nothing to say in response. If your goal is to swallow up a group, this is a hundred times better method.
“It’s been a long time since I saw you embarrassed. “Looking at you, I’m sure I made the right choice.”
I came to my senses as I saw my older brother smiling at me.
“That’s a scary guy.”
“bloke? “You’re not talking about me, are you?”
“I’m not the kind of person who is so mean to the point of yelling at my own brother. “I mean Dojun.”
“Dojun?”
“okay. “You gave me a big hint.”
Vibrator, who had regained his composure, also smiled.
“Don’t think that Dojun is the only one who will sell off his stocks. “I can sell off all my shares in the group.”
“Hahaha. “Are you selling stocks?”
Vice Chairman Jinyoung-ki raised his hand and pointed at the portrait without stopping laughing.
“You’re giving up that chair under that portrait? you?”
“If you feel like you can’t even crawl, you should give up.”
“It’s better to give at least a plausible reason and ask for money. Even if all his limbs were cut off, what kind of person would crawl there… .”
“There’s something you don’t know yet.”
“stop.”
“People have a stronger power of negativity than positivity. My desire to prevent others from sitting in that seat is greater than my desire to sit in that seat. If I sell all the stocks I own, no one will be able to take the chairmanship of Sunyang Group. “If control of the affiliates disappears, Sunyang will collapse and the position of chairman will disappear.”
It was a huge statement, but Vice Chairman Jin Young-ki still just laughed.
This is because he knows better than anyone else that his younger brother can never abandon Sunyang.
“Then you did it like that.”
Jinyoung-gi got up from the sofa.
“You can take a good rest here in the chairman’s office. Because you won’t be entering this room again in the future. haha.”
Vibrator gritted his teeth as he watched Jinyoung-gi leave the chairman’s office with a smile.
Jin Do-jun’s words that threats are not made with words came to mind again.
* * *
“It’s really hard to see each other when we’re in the same building. “What are you so busy about?”
“I’m sorry, uncle. I have to come see you… .”
“done. “Stop talking nonsense and sit down.”
Looking at Vice Chairman Jin Young-ki’s face, he looks like he’s going to say something regretful to me. The bright smile that he rarely shows is proof of that.
“You know why I asked to see you, right? “It’s a bit serious now.”
“yes. “Isn’t it because of the credit card crisis?”
“They shouted that it would be resolved in one day, but now cash service has been suspended for the third day. Most merchants already reject Sunyang cards. But your uncle is giving up with both hands.”
“yes. Making the news every day… . Even the media came out to suspect Goh’s bankruptcy.”
“You know very well that Budo is not that kind of person.”
“If it were me, I would go bankrupt.”
“what?”
“When I handed over the Sunyang card, I gave away all of the group shares. Sunyang Card is a completely separate and independent company. A credit card company is all about people and money, and even if it disappears, it will have no effect on its heavy industry affiliates. “How good would it be to wash away all the dirty dirt and then wash it away?”
Vice Chairman Jin Young-ki listened to my words.
“You would do that. But my motivation is not like that. The weight of the name Sunyang is qualitatively different from yours. “I don’t abandon affiliates so easily.”
“Do you really believe that?”
“Of course.”
“Then buy and accumulate Sunyang Card stock.”
“huh? “What does that mean?”
“Now Sunyang Card’s stock price is hitting its lowest price every day. As if it will soon become a piece of toilet paper. “If we don’t go bankrupt and normalize again, won’t we see huge profits?”
For a moment, a faint look of embarrassment appeared.
“Uncle, you hesitated just now, right? That is the real heart. “My uncle is actually worried that the cruise card might go bankrupt.”
“hmm… .”
Vice Chairman Jinyoung-ki cleared his throat once and then quietly changed his mind.
“Let’s watch the cards a little more and come to a conclusion. “There is a different reason why I asked to see you.”
“Please speak.”
“I’m thinking of buying the stock you handed over the credit card company to a colleague and held it as collateral… how is it?”
Finally, this came out. Let’s put it off for now… .
“I can’t say anything yet. The maturity date is the end of June. “You can repay the full amount in two months.”
“That doesn’t happen. “Without my funds or motivation, I can’t get out of this crisis.”
“Because you can somehow get it from the financial sector by using stocks as collateral. “We’ll have to wait until then.”
This made it clear.
Vice Chairman Jinyoung-ki Jin is not interested in the dark future of Sunyang Card. I just hope that it doesn’t tarnish Sunyang’s name. He wants it as collateral for my hand.
Vice Chairman Jin Jin-gi only wants the collateral back. I have no intention of putting in any effort to normalize the credit card company that is giving me headaches right now. However, you will be satisfied as long as you avoid bankruptcy and maintain your reputation.
It’s obvious that you want to go back to the way it was before you took over the credit card company in the first place.
I want both.
Vice Chairman Jinyoung-ki looked at me blankly and said.
“How much was the bond?”
“800 billion.”
“I’ll give you double. “Sell me those bonds.”
“yes?”
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“Aren’t you a specialist in this field? Bonds are also products. “Can’t you buy and sell at any time?”
“That’s true, but… .”
I got caught.
“I’m not saying I’m going to buy stocks, I’m going to buy bonds. If my colleague repays the money, I will lose 800 billion won. You are a business that always stays. yes?”
“That’s according to the calculation.”
“Then why are you hesitating? Are you sure you want to secure a controlling stake in Sunyang Group and overtake this uncle to become chairman?”
He is truly a straight-forward person.
They are even trying to confirm my intentions with bonds.
“It can’t be. Even receiving a few financial services was difficult.”
“Then hand it over right away. Earn twice as much by selling bonds. There is no reason to hesitate. is not it?”
A brief moment to take a breath and finish the planning and calculations. This was half expected, but I never thought it would be so bold as to blow away at least one affiliate to secure shares… .
But I wasn’t a genius. As I take a breath, the only thing that comes to mind is buying more time.
“Can you give me just one day to think about it?”
“If you want to reject me when you meet me tomorrow, do it now. That way, I will know your dark intentions as soon as possible.”
Overt hostility should also be avoided.
“Uncle, how could you say such scary words…” . “Because we need time to research the terms of the contract to get a positive answer.”
“Is it true? “If it goes on for more than a day, they’ll think you’re doing something else.”
This pushing behavior is just like my grandfather.
“That won’t happen.”
I answered as politely as possible.
We shouldn’t have any trouble with this guy yet.
* * *
“I want to meet the Chairman of the Financial Supervisory Commission. “If I were in charge of Sunyang Group’s financial sector, I could handle it on my own, right?”
“Why are you doing this all of a sudden?”
Vice President Jang Do-hyung must have been embarrassed by my request and even stuttered.
“Don’t ask why. Tell him you’d like to have dinner with him tonight. By the way, you hinted that I could be the solution to your concerns.”
“Oh, I understand. “We will contact you immediately.”
“No, don’t contact me, just make an appointment. please!”
Jang Do-hyeong, who was watching me scream, swallowed his saliva. He could see how urgent and important it was.
“yes. “Please set aside time for dinner.”
Jang Do-hyung took out his cell phone and left the room.
This is possible with just one phone call from Grandpa. But you can’t rely on it forever whenever you feel sad. If not the president, I should contact them directly.
It will be difficult for them to refuse my request. At least I have the halo of Sunyang Group Chairman Jin Yang-cheol.
* * *
“Thank you for coming out even though I contacted you urgently.”
I bowed my head towards the two people who opened the door and entered the private room of a quiet Japanese restaurant. The head of the Financial Supervisory Commission and the director came in together.
This is the first director of policy who was featured in the news.
“You said you would help solve the problem, so why not show up? “I look forward to it.”
This means that if you say something that is not nutritious, you will stand up immediately.
“Since you are the two busiest people in our country right now, can I take up the business right away?”
I said it right before the food came out. I have more time than those two people.
“of course. “Rather, I wanted to ask you first.”
Director 1 nodded his head in welcome.
“The Cruiser Card. “What do you think?”
“Is this an errand for Vice President Vibrator?”
The chairman asked with a suspicious look.
“no.”
“Then tell me what I have to say. The cruiser card wasn’t damaged to this extent. Rather, it is sound compared to other credit card companies. If we invest just 400 billion won right now, we can put out the fire in a hurry. However, stopping the service appears to be a blatant threat to the government.”
“There are credit card companies that will have a hard time surviving even if they receive a transfusion of 1 trillion won. Those places are also trying their best to come up with self-rescue measures, but aren’t they just throwing up the cruiser card and saying, “I don’t know?” “I know very well that with Sunyang Group’s cash mobilization power, we can solve this problem all at once.”
The two people already did not hide their displeased expressions.
“What does it mean to threaten the government?”
“Is it because you don’t know? “Aren’t you asking for a blood transfusion with public funds?”
Perhaps because they are public officials, the information is late.
Did he have no inkling that a family fight was in full swing?
“I took the time because the cruise card initially belonged to you, Mr. Jin Do-jun. “What on earth does Vice Chairman Jin want?”
Director 1’s blatant question, Mr. Lee… . I guess I was very angry.
“I don’t know what Vice President Jin Dong-gi wants.”
“what? “You want to joke with us now?”
“no. How would I know if I didn’t go in and out of his head? Instead, I can tell you exactly what I want.”
“this… This person… !”
Just as Director 1 was about to get angry, the Chairman looked at him and bit his lip slightly.
“Tell me. “Let’s come in.”
He opened his mouth to the calm chairman.
“Please prohibit the use of cruise cards. Isn’t this card practically unusable anyway? “A business suspension order is sufficient.”
“What?”
“yes. “It will be the first time the credit card industry goes bankrupt.”
“Pour oil on the fire now? The entire credit card industry is already… .”
“Listen to the end. “Shut your mouth.”
Director 1 quickly shut his mouth at the chairman’s harsh words.
“You must be a little embarrassed because a new government has been launched, and you have not even had a dinner at the Blue House with business leaders yet, and you are faced with this situation. So, you are probably discussing the intensity of the pressure on the business world… . To be honest, chaebols don’t even blink.”
Director 1 just blinked and the chairman smiled slightly. You must have thought it was a big deal that a third-generation chaebol person came out of the mouth subtly criticizing the chaebol group.
“The decision to suspend the cruise card business will be a strong message from the new government. If this is such a strong sanction, even the conglomerates! It’s hot! You will, right? “We will proceed with self-rescue measures more quickly and effectively.”
“If that happens, the cruise card will be bankrupt. It’s a self-rescue measure, but there are no more opportunities. “You must understand that the impact of cruise card bankruptcy is too great.”
The chairman looked at my expression carefully as if trying to read my intentions.
“I will absorb all that shock. How is it?”
I looked at the two people’s expressions with a bright smile.
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