The Chaebeol’s Youngest Son Chapter 276

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[276]Bow your head 1

In front of me, I looked like a polite nephew, bowing his head, and while I was back and forth with my uncles, who were looking at me with satisfaction but holding a sword inside, time passed by helplessly.

The Australian League was abolished, and Ji-Sung Park became the first Korean player to advance to the English Premier League, the dream stage.

The restoration of Cheonggyecheon, a long-awaited project of the mayor of Seoul, was completed in 2005 after two years of construction.

The country was in turmoil due to Professor Hwang Woo-seok’s thesis scandal, 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 Sangjun.

“what… . It’s not like I’m living a debaucherous life, looking at this woman and that woman with a lot of money… . “She has no time for dating and is too busy with her job to get married, so I have no intention of urging her to get married.”

My father did not burden me with insignificant words.

“But your girlfriend keeps waiting for you? “If a woman is in her 30s, she will be very nervous.”

“Judges are public servants who are so engrossed in their work that they have no time to think about anything else. He doesn’t seem very nervous.”

“Is that really the case?”

“Because I have confidence. Even if it’s not me, if you hold out your hand, there will be men who will rush over and support you. They will take your number and wait. “He is a child with nothing to regret.”

My father’s eyes turned pitiful.

“If you are saying this because you don’t know, then the answer is to give up on love marriage and get an arranged marriage. If you are saying this despite knowing, it means that you will live as a single person. But I can’t see my son growing old living alone.”

This is a card that can be useful even in marriage.

If everything goes well, I want to use this card wherever I want.

In order to do that, you have to run around and work hard now.

This year in particular is a golden time. You must make a detailed plan and follow it step by step without making any errors.

I kept getting impatient with my greed, but I shook my head and shook it off.

The basis of your plan should not be greed. As always, greed creates holes in plans. This is because filling the hole is greed.

Like a boat on flowing water, if you leave it to the current and move along naturally, opportunities will come. The secret to victory is to prepare thoroughly so as not to miss that opportunity.

Preparation is all too easy for those who know in advance about the coming danger.

Fortunately, I have checked all reports on HW Group’s important projects and am in a position to warn of risks at any time.

“President. “It would be better to hold off on entering the Middle East.”

Chairman Hak-jae Lee began by letting out a short sigh as if he was dumbfounded.

“after-. It’s the first day of work of the new year, you idiot. “We haven’t even had the New Year’s Ceremony yet, but are you starting the candle?”

“That’s why I’m telling you this in advance. Let’s do our best to enter Dubai in the Middle East… . If you say something like this and then cancel it again, wouldn’t you be in disrepute as chairman?”

Chairman Hakjae Lee saw my serious expression and spoke into the intercom.

“The presidents of each affiliate are asked to host the opening ceremony. I tell them not to wait because there will be no in-house broadcast. By the way, the presidents’ meeting has also been postponed. “I’ll decide in the afternoon.”

He looked at me again and said:

“Now tell me. You know that the construction industry is excited right now, right? They even call it the second Middle East boom. It’s a golden opportunity to make a lot of oil money. But you kick it away?”

“It’s not kicking, it’s not going in.”

“That’s it. “What is the reason?”

“The good news in Dubai right now is on the sand… No, it is a sand castle built on foam. Both the floor and the pillars are extremely precarious. Dubai will turn into a sandstorm and hit us.”

“Foam and sand… . “What is the basis?”

“Because America is falling apart.”

Chairman Lee Hak-jae was silent for a while with a puzzled expression on his face. But when he opened his mouth again, he had a very serious and calm expression and tone of voice.

“I know you’re the only person on earth I should listen to no matter what bullshit you say. But this is a bit harsh. “America is collapsing?”

“It’s true. The United States is now having a money feast on tens of trillions of dollars worth of bad debt. Doesn’t a building collapse if it can’t overcome its weight? “It will soon sink, unable to withstand the weight of the money feast.”

“continue.”

He listened and focused on what I was saying.

“American housing prices have risen since last year… . To be exact, it has been on a downward trend since September 2006. It doubled in just 10 years, but not anymore.”

“Is it so strange that it doubled in 10 years? This is because the dot-com bubble ended in 2000 and money flowed into real estate. It’s a natural phenomenon. That’s not a defect. “Because actual money was moved.”

“No matter how much money Silicon Valley investors have, do you think the money being taken out of dot-coms is enough to double U.S. house prices? This is the average index. “Excluding rural areas in the U.S., the price of decent homes has more than tripled.”

“Even so, why is it poor quality?”

“Everyone borrowed money to buy a house.”

“It’s the same in our country.”

“Banks in our country do not lend loans 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 using your house as collateral.”

Chairman Hakjae Lee raised his eyes. I know that American banks are different from Korea and do not hesitate to make aggressive loans, but this is an act of throwing away hard money.

If you make this type of loan in Korea, you cannot avoid going to jail for illegal lending.

“Is that true?”

“yes. This has been happening for years. “The time has come when I can no longer bear the weight.”

“How on earth do you know this?”

“New York Miracle is an investment company. They send me reports every day. I analyze it. And the New York employees are quite competent. “They were already seeing danger signs.”

The ramifications of America’s funding crunch and its impact on the Middle East. Chairman Lee Hak-jae closed his mouth and thought for a moment.

“President. Just know that there is danger, and we must avoid it… .”

“You have to leave out all the other guys.”

As expected, this man is a villain no different from his grandfather.

“But you’re the only one claiming it’s dangerous. There is no one sending a warning anywhere. Neither our US branch nor Sunyang Group’s American subsidiary said anything. “If what you say is wrong, we will have to miss the banquet and just watch while sucking our fingers as others eat their fill.”

“Think of the IMF era. Not a single one said it was dangerous. But at that time, I took over Sunyang Motors and acquired Ajin Group and Daeah Engineering & Construction. I was the only one making money. “Have you forgotten?”

“That’s why I’m listening to what you say right now, which is nothing but nonsense. I don’t believe it, but… .”

“I don’t believe it, but you will believe it, right?”

“for now. I think I need to do some research to be sure. Even if insolvency piles up, we cannot give up the possibility of a soft landing. 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 incident.”

Even if it seems like I am holding back, I will do what I want. The greater the risk, the stronger the voice of the person you trust.

“If what you say is correct, Sunyang Construction will be hit hard. “It’s difficult to recover.”

“Will it be possible with just one construction? “We need to shake up construction, heavy industry, civil engineering, and even the product industry.”

Chairman Hakjae Lee was lost in thought again.

When he opened his mouth again, a naughty smile was visible.

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“Construction performance will hit rock bottom for the time being.”

“I will not hold you responsible for that poor performance. As a major shareholder.”

“Do I have to bow to Vice President Vibrator?”

The thing this person hates the most is saying sorry things to the children of the person they served. It’s something that makes you feel like a servant who has passed down generations.

This is something that will only be relieved if you receive great compensation.

“Vice Chairman Jin Dong-gi, when you become unemployed, I plan to offer you the position of CEO of HW Construction… . How about making that suggestion yourself? “Do you feel relieved?”

The corners of Chairman Lee Hak-jae’s mouth rose.

“Is that a good idea? haha.”

* * *

“who?”

“This is HW Chairman Lee Hak-jae.”

“Connect.”

Vice Chairman Vibration took a deep breath and picked up the receiver.

“Oh my, who is this? Director Hakjae Lee… No, Chairman. sorry. “I made a mistake because I was not yet familiar with the position of chairman.”

– It might have been better when I was the director… . I don’t know why there are so many things that come with being the president of a company that looks like a corner store. I didn’t contact you to lament about my situation… .

“Please speak. President.”

– Shall we have dinner? I have something important to talk about, and I think Vice Chairman Jin will be interested as well.

A fascinating story?

Sarcasm There is no reason for an estranged friend to contact you again other than to ask for insurance.

Even though it was obvious that the story was not at all attractive or helpful, the vibrator obediently complied.

“Even if we don’t have anything compelling to say, I’m not the type of person who would refuse if the Chairman asks us to have dinner. “It’s been a while since we met and let’s clear up some of the past memories.”

– Well then, how about tonight?

“Of course. They say to remove the ox horn as soon as possible… . haha.”

The look in Lee Hak-jae’s eyes as he ignored his brothers. His attitude of always giving instructions, relying on his father’s trust.

Seeing as how he urgently asks to meet, there is clearly something he wants to ask.

I wanted to meet him saying something regretful, laugh at him as much as I could, help him a little as if he was a good friend, and see his servile face.

* * *

Vice Chairman Jin Jin-gi was surprised twice this evening.

It’s the first time I’ve seen Lee Hak-jae change after a long time. His appearance doesn’t seem to have changed much, but the sharp and cold look he had when serving his father has completely disappeared.

The gentle smile and simple laugh he showed seemed like a completely different person, but it wasn’t awkward.

It made me wonder if this person had this kind of side.

The second reason is because of the business he asked me to meet.

I thought I would say something regretful and ask a difficult request.

However, although it is clear that it is a request, in some ways it is closer to a concession.

The vibrator changed my mindset. We must hold on to Chairman Lee Hak-jae so that he does not change his mind.

“So, are you saying we should join hands on the Dubai project?”

“That’s the bottom line.”

“May I ask why?”

Hakjae Lee did not avoid the suspicious gaze of the vibrator.

“It’s a matter of skill, is there any other reason?”

“skill? “Does this mean that Daea Construction’s capabilities are inadequate?”

Hakjae Lee sighed and took a drink.

“The only big projects are in Sangam-dong. And all the experienced early members of Daea Construction packed their bags and left. It is solid and substantial, but there is no one with experience. “It might be okay to have one or two buildings in Dubai, but you can’t just go out and eat there.”

Large overseas projects carry risks that cannot be compared to domestic projects.

As the risk is high, you have to move big and eat big, but this is impossible without the asset of experience.

“The early members of Daea, who had a lot of experience, were all caught embezzling money, so the company couldn’t have let them go. Hehe, that’s right.”

In order to hide his joy, the vibrator gave a sad smile instead.

“Then have you thought about the format of holding hands?”

“I think what about a consortium between HW and Sunyang?”

If the negotiation begins with a consortium, it can end with subcontracting.

The vibrator quickly began calculating how much of the pie the two companies should share.

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