[279]Bow your head 4
“Are you serious about this? Is this the official opinion of Sunyang Group? Or is this an idea that Sunyang Construction employees concocted just so they can be heard saying they are good at their work?”
“Vice President Jin Dong-gi, this is your decision.”
“Is this a consortium? It’s a subcontract! It’s ridiculous, really… !”
“Calm down and just listen.”
As soon as the people in charge of the three companies that had already formed the consortium heard the conditions presented by Sunyang Group, they all screamed.
“What more do you listen to? It’s concluded. “You’re living up to the name Sunyang, now!”
“I can’t sit comfortably with these little bastards, so just eat the money they give you and follow them around and do whatever they tell you to do. Isn’t this it?”
When the three companies complained, Sunyang’s representative cut them off and said,
“Honestly, everyone in the industry knows that the 2 trillion won rumored in the media is a ridiculous number. “If we do well, we’ll probably win about half of the orders.”
“So? Doesn’t Sunyang Construction do packaging during press releases? Everyone is doing everything to boost the stock price. Once again… .”
“I mean, think realistically. Even if three companies receive orders from Dubai World, isn’t it a subcontract anyway? “European companies provide the design and technology, and aren’t your companies the foremen of the construction?”
People from other companies only blushed and couldn’t respond to the cruise manager who pointed out the exact question.
“What is the difference between receiving daily labor wages from Europeans or our cruisers? Wouldn’t it be better if we treated them generously?”
It is the fate of the weak who can only choose between pride and substance, and in most cases they choose the latter. With a last hint of pride.
“First of all, I’ll give a toss to the upper line, but don’t get your hopes up. “It’s not a bad idea to share it among ourselves without Sunyang.”
The cruisers bowed their heads toward those who stood up first. It is the magnanimity of the strong that supports their last pride.
“Please speak carefully and make sure it comes to fruition. “Our parents are also suffering.”
But when the other person left, their faces were full of ridicule.
“How much more did you say you would give?”
“I paid 2% more.”
“I think that would be great.”
“I’ll give you plenty of time to pretend you’re worried, and I’ll contact you after three days. “Hehe.”
* * *
The period of pretending to be struggling between Seongho Construction and Namgwang Development did not last very long. HW Group’s unconventional proposal brought smiles to their faces.
“Wouldn’t Sunyang keep handing out bills until the Dubai construction is completed and the final balance is received? Adding 2% more, honestly, it’s not even the bank interest rate.”
“If we support from below, Sunyang’s order intake will double. Then Sunyang’s stock price will also soar. “Isn’t it like we take care of talent, and Sunyang takes care of substance?”
I don’t remember anything that would be advantageous when it comes to complaining. Chairman Lee Hak-jae quietly listened to the complaints of the two groups and told them what they had omitted.
“Instead, wouldn’t the order amount be twice as large as if we did it on our own?”
“Then what do you do? Funds are getting tighter… .”
As their dissatisfaction grew further, Chairman Lee Hak-jae smiled slightly. He asks that he step forward and make the conditions more favorable.
“Then what if we do it like this?”
The eyes of the two group presidents changed.
“Our HW will take all the bills that Sunyang gives us. Then you won’t have any financial problems, right?”
“Does this mean Chairman Lee will give you a bill discount?”
“yes. Isn’t a pure bill of exchange not cash? “If you push it to the bank, they will give you an immediate discount, but what you two want is the minimum interest rate burden, so our HW will give it cheaper than the bank.”
“How cheap… ?”
“Half will do, right?”
The faces of the two presidents opened wide.
“We will be reduced to Sunyang’s subcontract, but I will be responsible for the payment. What if it’s dirty and unpleasant? We should also use this opportunity to grow bigger. “Isn’t it a waste to miss it?”
“As expected, it is Chairman Lee. “You sound hot.”
“If you do that, I can’t ask for anything more. I heard that HW Group is on a roll, but isn’t it possible that they can’t handle the overflow of money? haha.”
“Is there any company that operates by hoarding money? Aren’t we the majority shareholders of an investment company called Miracle? I have a lot of foreign capital, so I’m going to use this opportunity to spend some. Bringing in foreign money is patriotism. “I’m imitating a patriot.”
The two presidents looked at Hakjae Lee with envious eyes and nodded their heads.
How comfortable would it be to have a reliable water source that rains down sweet rain like a well that never runs dry? Although Lee Hak-jae was a salaried professional manager, unlike the owners themselves, he seemed like a much better person than most group presidents.
“Then, assuming there is no disagreement, I will proceed. “Let’s work hard together in the future.”
As the two presidents burst out laughing and left, Lee Hak-jae’s expression immediately hardened.
“Dojun, this guy, at least his prediction is wrong, where…” . “Let’s see if I can leave it alone.”
If Dubai does not fall into crisis, Sunyangdo, Namgwangdo, and Seongho will also sing flower songs. HW is just trying to break even without much benefit.
It seemed like people in the business world were laughing at him, calling him a brat.
* * *
“Are you angry?”
“no.”
“No, it’s written on my forehead. “Hehe.”
Vibrator smiled proudly at his son.
“What Dojun said… There is nothing wrong. It’s natural for you to meet someone under Dojun. Vice President Jang Do-hyung? “Okay, that’s not going to hurt you.”
“I think so too. but… .”
“but? “Because we are cousins, we are equal?”
“yes. I thought it was easy.”
“Among Sunyang’s executives and staff, there is no one who takes Dojun lightly. There are even many people who think that if Jun had been a little older, he would have inherited everything from Sunyang. “Me too.”
“Ah, father.”
“It may hurt your pride, but watch and learn. Even if you lower your head, follow the direction it moves.”
The vibrator tapped my son’s shoulder.
“And maybe it’s because you whined at Dojun, but the HW Group consortium accepted all of our conditions. Come under our wing and go to Dubai with us. Thanks to this, the financial burden has been greatly reduced.”
Jin Taejun asked in surprise.
“Are you saying Do-jun asked Chairman Hak-jae Lee for a favor?”
“You don’t know that. Anyway, the timing was exactly right. Even if it’s a coincidence, people will know it’s thanks to you. I think you made a good deal with Dojun. Executives have already praised you. “I said I put aside my pride and bowed down to my younger brother for the sake of the company.”
The rich man thought that could not be possible. Jin Do-jun is not that affectionate.
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“You’re probably used to life at the headquarters now, so take your time and meet Dojun often. That guy is now all in on American financial products. “I looked closely, but I couldn’t figure out why there were so many financial derivatives.”
“Why are you looking at financial products when the company has no money?”
“Even if you don’t have company money, you have personal money. You have to make it to its full potential so that when it’s urgent, you can even do an emergency blood transfusion. Just ask in passing. Since I’m your uncle, I’m hesitant to ask in detail, but you’re different. If you think it’s okay, bury the money you have. “The more bullets you have, the easier it will be to transfer shares later.”
“All right.”
There is nothing easier than free riding next to someone who is making a lot of money. It would be perfect if you could at least put a straw in it.
“We will have drinks often. Dojun hates his other cousins, but he doesn’t have the same feelings towards my brother. “If we all get together and hang out, we will become closer.”
The vibrator looked happily at his son who understood what he was saying.
* * *
“Consortium conditions are good? Seongho and Namkwang make money no matter what, and we have both hands full of pure yang bills. Sunyang will bow in front of the Chairman and ask for his life, isn’t that the best scenario?”
“HW Construction will go bankrupt first, right? Seongho, you have to give money to Namkwang on a regular basis, and the amount of money you have to receive is over 1 trillion won. Can you hold on without becoming wealthy?”
Unlike me, who had a bright expression, Chairman Lee Hak-jae had a frown on his face.
“I will work hard to fill the hole in the funds.”
“HW is not a corner store. Financial planning is tight. “You must prepare well so that nothing goes wrong.”
“yes. So, I’m thinking of going to America. “I have to make money.”
“what? USA?”
Chairman Hakjae Lee opened his eyes and screamed.
“hey! You said America would fall! What kind of money can you make in a place with ruins? This bastard… . “Aren’t we going to cause a major accident?”
“You receive a bigger medal when you make a contribution in a collapsing camp. Likewise, those who find opportunities in crises make enormous amounts of money. “Think about the IMF 10 years ago.”
I spoke to Chairman Lee, who still had an untrustworthy expression on his face.
“Oh, if any of the Chairman’s personal assets have been invested in U.S.-related financial products, please liquidate them immediately. “It will plummet starting in the second half of this year.”
“Do I look like I have a lot of money to invest in something like that?”
“If the Chairman says he has no money, who will believe him?”
“It’s the life of a salaried worker. The salary is obvious, but what… .”
I could tell from the look on his face that he was confused.
“It’s land or a building. It’s the safest investment. “Hehe.”
“Stop talking nonsense and go do your job well. “If something goes wrong, you will be so embarrassed that you won’t be able to carry your face.”
“This will never happen, so make Dubai construction as big as possible. “This may be Sunyang’s last chance to take over the construction and heavy industry sector.”
I was afraid that I might become passive due to my anxiety, so I asked once again and started preparing to leave for the United States.
* * *
Taejun Jin knocked on my office door early in the morning, holding a take-out coffee cup in both hands.
“Taejun, you come here a lot more often these days.”
“I’m not here to ask you to lend me money, so don’t worry. I came here to have a cup of coffee. By the way, we signed a consortium with HW Group. Thanks to you, a lot of my problems have been solved now. “Don’t forget to say thank you.”
“Oh, I heard that too. It was Chairman Lee Hak-jae’s decision, and I did not take action. “Anyway, I’ll say thank you.”
Looking at the way he continues to look at me, it doesn’t seem like he just came here to say this.
“I heard you’re going on a business trip to America?”
“huh. “We have some of our financial group’s funds buried in a Wall Street investment company, so I’d like to take a look at it.”
“I heard that money from around the world is flocking to American financial products. Do you think this is really okay?”
“why? Are you planning to invest there too?”
“Well, I looked around a bit and heard that it was okay.”
“Investment is about making your own judgment and decisions rather than trusting what others say. “Be careful.”
I didn’t come just to say hello. When I heard I was going to America, they rushed over. I didn’t miss the words I said to my second uncle not long ago.
“Yes, but I was distracted. So I wanted to hear your opinion. “Can you tell me?”
Would you like to give them one last gift before kicking them out of Sunyang?
“Most of the derivative products that are hot right now are based on U.S. housing mortgage loans. You definitely repay the loan you took out using your house as collateral. Or get kicked out. “Even if it’s in poor condition, it’s safe because you have the surety of a house as collateral.”
“It’s safe, right?”
“I told you not to trust what others say! It’s up to you to decide. Do you know anything? “Will it be destroyed when large-scale bad loans are revealed?”
That’s all I have to say here.
Because the word ‘safety’ has already become more popular than the word ‘smashing’.
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