The Chaebeol’s Youngest Son Chapter 290

[290]Get along well with each other? One

“Oh, don’t even talk. Do you know how broken we are thanks to you, Director? I tried to suppress the media, but suddenly a young star from Sunyang appeared and announced that the national economy was shaking… There was no time to do anything. haha.”

“I see. this… I am sorry. Because it was so urgent for me… . “If another economic crisis breaks out, my financial company will be at risk.”

“no. “I’m just saying let’s laugh because it’s in the past.”

The Blue House Senior Secretary for Economic Affairs hastily waved his hand in response to my polite apology.

“But now that something like this has happened again, I’m going to turn around. When the manager contacted her to meet her, she was completely surprised. Is something bigger happening now? . “I am very worried.”

Hasn’t something big already happened? Don’t they know the seriousness yet?

“In fact, we are receiving a lot of requests for interviews from CEOs of major domestic construction companies. Including Sunyang. But I was most glad to hear from Director Jeon. First of all, it is important to understand the situation.”

The senior economic advisor looked at my expression closely.

“When it comes to major construction companies, you mean Sunyang and Daehyun, right?”

“yes.”

“Do you know the amount paid by the two companies?”

“no. “I haven’t confirmed it yet.”

“Almost 10 billion dollars, 10 trillion of our money.”

The Senior Secretary for Economic Affairs just blinked while holding the teacup that he was bringing to his mouth. It may be because it is a difficult number to perceive.

“city… Ten trillion? Are you sure?”

“I am a member of Sunyang. And I also have at least one finger in HW construction. “The information is accurate because it was obtained through multiple channels.”

The senior economic advisor put down his teacup and quickly took out his cell phone.

“Chief. “How about we talk on the phone after my story?”

“Ah yes.”

He put his phone back.

“Dubai is not the end. The construction of apartments in rural areas of the country will spark sparks. “Do you know why construction company representatives request a meeting with the chief?”

You may have vaguely assumed that it was just a request to arrange a loan, but this went beyond that. There is a need for corporate bailouts like the IMF.

I could clearly see him working hard. He will soon enter his third year in office. The more bad news happens, the faster the lame duck comes. In order for the Blue House to have influence in next year’s local elections, this situation must be calmed down with minimal impact.

“I’m more curious about why the director asked to meet than why they asked to meet. “Do you have a solution?”

“It’s a bit drastic, but there is a neat solution.”

I guess my words didn’t sound very welcoming because of the expression ‘radical’. He said he could solve it, but his expression did not brighten.

“If it gets noisy, you’ll be in trouble.”

“From the Blue House’s perspective, the louder the better.”

“yes?”

“Over the past two years, the opposition party’s offensive has mainly been corporate-friendly… . In other words, isn’t it a pro-chaebol policy? Oh, I don’t mean to criticize you in the slightest. “I am the beneficiary.”

When his expression hardened at the words pro-chaebol, I held up my hand and said,

“Until now, it has been policy, but this situation will be called preferential treatment. So why not just leave it to the market?”

“I leave it to the market… ?”

“yes. If you can’t withstand the double shock waves of the U.S. financial crisis and the Dubai moratorium, you’ll be ruined, but if you can, you’ll survive. “Without government intervention.”

“Does someone you know well say something like that? “If both companies go bankrupt, it can get out of hand.”

I ignored this person’s concerns and continued talking.

“Please show the government that it takes care of local small and medium-sized businesses that are collapsing. Then the opposition party will be embarrassed, and it will be a huge help in next year’s local elections.”

“That’s a good opinion, but are you saying this without realizing that if a large construction company collapses, all of that will be useless?”

Daehyun and Sunyang’s insolvency is incomparable to the government’s support for small and medium-sized businesses. The government’s condescension is quickly buried.

“The market will not be affected at all. “There is a place that can take over both companies.”

“take over?”

“yes. It would be a very good deal. “We will only acquire it with the power of the company, without asking for any preferential treatment such as debt reduction or loan extension.”

The Senior Secretary for Economic Affairs has finally realized why I asked to meet him.

Unlike other guys who ask for help or preferential treatment, I just ask them not to interfere.

“Where is that company?”

“This is HW Group.”

“ah… !”

“In particular, most of the money owed to Dubai is borne by HW Group.”

“Is that so? “This is my first time hearing this.”

“The moment HW Group throws away the notes it holds is the final date of bankruptcy for both companies. “Serial bankruptcies are as obvious as fire.”

He holds the position of Senior Secretary to the Blue House for Economic Affairs.

At this level, it is no different from looking into the big picture scenario.

“HW had carefully planned the acquisition strategy for the two companies. So, doesn’t this mean that the Blue House should just watch and not sprinkle ashes on the finished rice?”

“It can’t be. If it is a preliminary scenario, it means that HW Group knew about Dubai’s moratorium a year ago… . This is something that even global companies could not have predicted. HW is not that good.”

My counterargument is not important to the senior economic advisor.

The Blue House does not intervene. This is also a very important role of the Blue House.

If you help Sunyang and Daehyeon, HW’s acquisition strategy will come to nothing, so just watching is a privilege given to HW Group.

The senior economic secretary’s expression and attitude suddenly changed.

This is because I realized that I was now in a position no different from other conglomerates begging for preferential treatment, and that I was in a position to file civil complaints on behalf of the Blue House.

“Anyway, it’s not up to me to decide. “It is especially burdensome to just watch the bankruptcy of two leading companies in Korea.”

The Senior Secretary for Economic Affairs postponed the decision and then tilted his head.

“By the way, Director. One of Sunyang’s flagship companies is moving to another company… . “I wonder why you take the lead.”

I scratched my head with an embarrassed expression.

“Do I have to tell you about my family history today? haha.”

“Oh, if you’re uncomfortable, you don’t have to say anything.”

“no. It’s a story the whole world knows. Actually, I joined hands with HW Group. If HW acquires Daehyun and Sunyang, I will bring back Sunyang Construction. “It’s not a good idea for a nephew to directly take over his uncle’s company.”

I heard his head rolling again. The Blue House only needs to take care of what is best in the current situation.

With his head rolling, I told him something he must consider.

“As long as Sunyang Electronics and Daehyun Motors do not falter, Sunyang and Daehyun will remain healthy. It’s just that a huge company called HW Construction is born. “Isn’t this beneficial in many ways?”

electronics, automobiles and construction.

This meant that the political world should think carefully because they would have another place to lean on.

He was still thinking with his mouth shut. It is an action to unpack more of the bundle of gifts I can give.

In these cases, it is effective to give a small, personal gift.

I took out several hotel card keys and threw them on the table.

“I know it’s hard for you these days because there are so many eyes watching you. Use it when you need to share something intimate, like today. Seniors, please pass one sheet at a time. “It will be empty 365 days a year, so you can use it anytime.”

“This is a hotel… ?”

“yes. We also have a dedicated manager attached. If you call when you leave, we will make all preparations to avoid any inconvenience.”

Senior Blue House officials must meet reporters, greet them, and ask for favors. We must meet ruling party lawmakers and inform them of the Blue House’s intentions, and we must meet opposition party lawmakers and hand them pocket money.

What they need is a secret location. It was a custom 10 years ago, but it has now disappeared. The places where illegal activities were carried out were eliminated.

The senior economic secretary’s expression brightened, as if he had been very disappointed.

“This really scratches my itch. Thank you. I will use it well.”

“And I will leave a small box to you as an addition to buying lunch for the reporters. “Please stop by and pick it up when you have time.”

“Oh my, this… . “I don’t know if I’ll get sick after eating.”

“I received management lessons from my late grandfather. I know that a gift ends with a gift. “Don’t worry.”

The senior economic advisor looked satisfied.

All businessmen only request a meeting with the president through their senior officials. And all I had to do was throw an envelope and leave in the name of arranging an interview.

It is not easy for them to find a water bottle that scratches an itch like mine.

“We will wait for the wise decision of the Blue House.”

I bowed my head politely, and he also hastily bowed his back.

“Isn’t our government’s biggest policy to leave it to the market? “Let’s try.”

Doing nothing is the easiest choice.

There is no need to take the difficult path.

* * *

“What the hell are you guys doing? Did I tell you to bring me money? Or did you ask me to get the bill back? “Is it that difficult to arrange a meeting at the Blue House?”

Vice Chairman Jin Jin-gi shouted, but everyone just lowered their heads and pretended to be dumb.

“How much money have you taken so far as political funds? If only the money raised during last year’s general election would have prevented this entire situation. Did you have a delivery accident? Did you do Everything in My Pocket!?”

Vice Chairman Jong-gi himself knows best that this is a pointless vent.

The Blue House just avoids calls even if you call them directly, so how much worse should executives call you? You won’t receive it at all.

“Connect quickly! Yeouido was torn apart and the government building was also robbed. I urge all those who have been eating my money to come knock on the door of the Blue House. “The longer it is delayed, the more the bank moves first.”

It’s still too early to give up. The risk of killing hemp is also a burden for the Blue House.

The vibrator looked for my brother with the feeling of grabbing a rotten rope.

But before he could speak, Vice Chairman Jin Young-ki threw up his hand.

“Don’t even say a word. I have no money. The financial crisis doesn’t just hit you. I’m crazy right now too. America and Europe are in trouble. Two of our biggest markets were shattered… . “It’s hard just to hold on.”

“older brother. I’m not asking for electronic money. “Bank, please open the bank safe.”

“The banks are more likely to be caught off guard. “Give up seeking loans in the name of Sunyang Electronics.”

“older brother!”

“Don’t scream. It’s not like you don’t know what’s going on right now. So, let’s each move away from the stones in our path. Are you the only one having a hard time? “I’m going to die too!”

It wasn’t surprising that the vibrator’s brother had turned his back on him.

But what I was most afraid of was that my crisis might become my brother’s opportunity.

Jin Jin knows best that this is an opportunity that will never come again for his brother to take over Sunyang’s construction and heavy industry division.

Jinyoung-gi’s gloomy eyes were more frightening than the bank.

* * *

As the brothers exchanged shouts, Chairman Lee Hak-jae diligently dialed the phone.

“You can’t wait forever, can you? I didn’t even contact Sunyang Construction or Daehyun. “Why am I calling you when I clearly know I can’t afford to pay you?”

Chairman Hak-jae Lee spoke in a soft voice with the presidents of large commercial banks.

This is the table prepared by Dojun.

You are the only one holding the spoon and chopsticks, and all that remains is for the banks to pick up the meal and place it in front of you.

Lastly, the Blue House, which has the power to turn the table, does not even look in this direction.

All that remains is to eat deliciously.

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fantasy, modern,