[308]Proof of value. One
Jin Gyeong-jun finally asks the question he should have asked, as if calm has returned where the poison has disappeared.
“If you take over the entire Sunyang Group, you will have to obey even without being told. “Just as no one disobeyed my grandfather’s words.”
“That’s right.”
He said after seeing my confident attitude.
“The rumors are true. Miracle is yours and you are the actual ruler of HW Group… .”
I neither confirmed nor denied, but just smiled vaguely. It’s human nature to believe only what you want to believe anyway… . Faith is my answer.
“But I can’t just take your word for it and make a decision. “You also acknowledge that the position of Chairman of Sunyang Group cannot be achieved with money alone.”
It seems like my sense of reality is slowly coming back.
“Do you want insurance?”
“insurance?”
“okay. “Is it because you want to avoid becoming a duck egg on the Nakdong River when you don’t win Sunyang?”
“I see. The word insurance would be appropriate. Is it possible?”
“Would you like to become CEO of a construction or heavy industry company? Or HW cars? But are you confident that you can pull it off? As I said clearly, if your performance is poor in quantitative terms, you will be dismissed. Of course, I may be a bit more lenient than others.”
“Insurance is insurance… . “You have to convince me before that.”
“I’m sure… .”
It means confidence that I will be able to take the group away from my father and brother.
“Do you know why I want to keep you by my side?”
“I wanted to ask that too. “If you’re confident, you don’t need to want me.”
“The first reason may not be necessary, so I’ll tell you later. The second is important because I want it to act as a raising hand.”
“Raising a hand?”
“huh. I am the youngest in this family. If you look at history, when the youngest child ascends the throne, a certain level of support is needed. It’s not an equity issue. “I want everyone to acknowledge that I am the only person suitable to be president.”
“Do you want every bloodline to support you?”
“That’s right. “It seems quite plausible to support your cousin over your own brother.”
When Grand Prince Chungnyeong ascended to the crown, there was a powerful person named Taejong. On behalf of King Taejong, I want the support of everyone in the family.
This is a picture that we want to show not only within the group but also to external political circles.
“Isn’t that the basis for my confidence?”
“You already believe that I will take over the position of Chairman of Sunyang. If not, you wouldn’t have come to me? Why come to someone who can’t give you what you want? is not it?”
It’s just a justification for betraying his father and brother. It is a process of brainwashing yourself into believing that you are justified by giving all kinds of reasons and excuses.
“Watch me. “If you don’t feel like it, you can always go back to your family.”
“Once you take the first step, there is no turning back. “I can’t go back.”
“That first step is not difficult. “I’m sure your family will welcome you with open arms, right?”
Jin Gyeong-jun’s expression changed again. When you have no idea what to do right away, the look in your eyes is like discovering a lighthouse with a twinkling light.
“My uncle’s decision is firm. No matter how much you beg, it won’t change. “Youngjun will own all the shares in the group.”
“so? “Give up?”
“That’s right. There is no way. Instead, take the rest.”
“remain?”
“I was born as the eldest son of Sunyang and am soon seventy years old. Is equity all you have? Real estate, securities, deposits, gold bars, etc… . Take everything you can. Now is the time. Gotta get it when his uncle feels sorry for his older brother. After a while, that feeling of regret will disappear. “Any emotion disappears over time.”
“Officially declare that you will leave the group?”
“Don’t be sorry about stepping down, just think about how much you will receive.”
Jin Gyeong-jun closed his mouth and was lost in thought.
The moment you say you will give up your stake, your future changes. Does it seem like you’ve already made up your mind and are planning your next move?
“Pack your bags and come to Korea. “I said I would help Youngjun with the work.”
It was meant to reduce the time he had to think.
“what? hey! Are you telling me to sit next to you? Or do you want to be my ganja?”
“Do not misunderstand. Do you want to be the CEO of electronics? Don’t you want to at least be the CEO of a product company? But are you aiming for that position without preparation? I guarantee you that if things go that way, even if you sit in that position, you won’t last even half a year. Did you say it? “If you don’t have the ability, my policy is to fire you right away.”
He looks a little shocked.
You should be a little ashamed of yourself for lamenting or whining about your situation.
It will now be decided whether the 3rd generation of chaebols, who only show off their greed and do not develop their capabilities, will be able to get rid of the stains.
You must know that if you do not realize that becoming a salaried professional manager is your future, you will forever end up as a childish brat.
Jin Gyeong-jun stood up with a groan.
“Don’t let me regret my choice. Otherwise, I will always stand by my brother’s side.”
“You will see soon. “What kind of person am I?”
Jin Kyung-jun did not reject the hand I extended and held it tightly.
* * *
“I… What can I say? “Thank you, my son.”
“no. He realized that protecting the company meant protecting his father. “I apologize for causing you any inconvenience.”
Vice Chairman Jinyoung-ki stroked the back of his second son, who bowed his head.
“What can I do for this father now? Just tell me that I will give my son everything he wants. haha.”
Jin Gyeong-jun spoke carefully, watching his father’s thoughts.
“I will also help Youngjun until he takes his place in the group.”
“Oh, really?”
Vice Chairman Jinyoung-ki’s face became even brighter. Isn’t the sight of brothers working together side by side a picture that every father looks at with satisfaction?
“But once Youngjun reaches the rock, I plan to quit.”
“what?”
“Aren’t I also my father’s son? There is a possibility that there will be division again. If I take a position in the group, there will be executives who will line up behind me even if I don’t want them to. Don’t you know your father well? “Salary earners, with their eyes lit up to pick on superiors and grab a club.”
“Did you think that much?”
The father was deeply touched by the words of his second son, and felt sorry that he did not pay attention to his son who had such a strong will.
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But we have already passed the point where it is difficult to turn back.
Jin Gyeong-jun, who was looking at his father’s expression, knew that his strategy had worked and spoke with a little confidence.
“It’s okay for me to leave the group, but I’m thinking about my kids. Still, it’s Sunyang’s bloodline… .”
“Hey. Did you think I would let my grandchildren live without being able to pray? do not worry. In the past, parents passed the house to their eldest son and the money to his second son. Isn’t the Sunyang Group the home for our family? Even if your brother owns the group, I will give all my personal belongings to you. “You will be able to live happily even after several generations, if not three.”
Jin Gyeong-jun was at a loss as he watched his father pounding his chest and shouting loudly.
Instead of asking for more, my father insisted that he would give me everything. Isn’t this enough success?
When Vice Chairman Jin Young-ki called his eldest son and told him of his younger brother’s decision, Jin Young-jun also showed an extremely bright expression.
“Gyeongjun. Thank you very much. I know you’re making big sacrifices. “I will never forget.”
It would be better to be a complete stranger.
If you sacrifice for others, you are evaluated as a righteous person. Hearing the word ‘sacrifice’ from the mouth of my older brother who took over everything made me irritated.
Saying that you will give up at least one thing is more sincere than saying that you will not forget. When I saw Jinyoung-gi talking empty words, I thought that my cousin would be better.
Didn’t the younger brother at least promise a couple of mid-sized affiliates?
“You said you would help me, so come in tomorrow. father. “That has to be it, right?”
“Of course. Even if we take our time finding someone to sit in that seat, we have to prepare a seat for Gyeongjun as soon as tomorrow. “I will give you instructions, so you bring your family in quickly.”
“Oh, no. “I plan to come in alone.”
“huh? why?”
“Because there are kids too. When I graduate from school in Australia, I plan to move to the UK. “There’s no need to bring the kids.”
“okay. That’s not bad either. “It’s your family, so take care of it.”
I felt sorry for my father, who accepted everything I said.
Jin Gyeong-jun wanted to avoid his wife and children from getting hurt because of the difficult battle that would unfold in the future.
* * *
It may not be the ability that Jin Kyung-jun wanted to see, but something happened that could further enhance my image. No, it will explode soon.
I checked an email and immediately picked up the phone.
“Rachel. “I just checked my email. Is this correct information?”
– It’s not certain information. It came from the Hong Kong branch… . Because it wasn’t accurate information, it was delivered to me personally rather than posted in the notice email. Some are fact-checked and some are not. The decision is in your hands. OK?
As soon as I ended the call, I called Vice President Jang Do-hyung and all the securities company executives.
They all couldn’t hide their nervous expressions. Because every time I told everyone to gather, something big happened.
“Accurately understand the status of Korea’s stocks and financial products held by Deutsche Bank. Also, find out the total futures investment amount.”
“You mean Deutsche Bank’s Korean branch?”
“no. We need to understand all the inventory held by headquarters and branches around the world. “You won’t ask questions like how do I find out?”
No one frowned or expressed difficulties.
Everyone seemed afraid that the aftershocks of the U.S. financial crisis might hit Korea once again.
Deutsche Bank is a global investment bank that falls into the bulge bracket alongside Goldman Sachs, Morgan Stanley, JP Morgan, Citigroup, and UBS.
Bulge Bracket refers to a top-tier investment bank that has customers around the world and provides almost all services, including securities acquisition, financing arrangement, and merger and acquisition (M&A) advisory.
The person who is surprised to see Zara is surprised to see the lid of the pot, and everyone’s heart sinks when the name of Bulge Bracket is mentioned. This is because the financial crisis is not over yet.
“I know what you are thinking. It’s not yet accurate, so understand the situation first. “Find out carefully and accurately.”
“All right.”
“And tell them to investigate Sunyang Financial’s Hong Kong branch as well. Oh, I’ll tell Miracle’s Hong Kong branch, so tell them to meet in person and get information.”
“Has Miracle just told you something?”
Vice President Jang Do-hyung asked cautiously.
“yes. I think I heard some rumors from the Hong Kong branch. You all know that rumors are never just rumors, right? “We need to check thoroughly.”
When the meeting ended, Vice President Jang Do-hyung, who was left alone, spoke worriedly.
“Are there any rumors that Deutsche Bank is going bankrupt?”
“no. “I think these guys are targeting our Korean stock market.”
“yes?”
“I think they are planning to shake up the stock market to make up for the money lost during the sub-prime period in the United States. “We have to figure out what method to use.”
“Why do they… .”
Every time foreign capital shakes the Korean stock market, tens of trillions of dollars evaporate. Moreover, most of this trillions of money is ants’ money and many families are ruined.
“Isn’t this saying that Korea is still a financially underdeveloped country that can be shaken by external pranks?”
It is clearly true that the Korean financial market has been taken lightly.
I’m sure he’s not holding a grudge just because I stole some money from Deutsche Bank through a credit default swap.
* * *
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