[310]Proof of value. 3
In 1997, the financial crisis that struck Asia caused a period of great instability not only in Asia but also around the world, and it was argued that a system to respond to international crises related to finance and foreign exchange was needed.
In 1999, G7 finance ministers who participated in the International Monetary Fund’s annual meeting agreed that for global economic stability, a gathering of developed countries alone had its limits and that cooperation with other countries was necessary.
As a result, in December of the same year, the G20 meeting was established for the first time in Berlin, Germany, with major emerging economies participating, but it had a very practical nature, with only finance ministers and heads of central banks of member countries attending, not heads of state.
But the crisis has no end.
As the global financial crisis broke out in November 2008, it was upgraded to a summit meeting, and SUMMIT began to be used.
And today, THE SEOUL SUMMIT 2010 took Korea by storm. These English words are the starting point of all articles, not only on public broadcasts and radio, but also on the Internet and paper newspapers.
In such an excited atmosphere, not a single person would have predicted that stock prices would plummet, so the Germans had an amazing timing.
Sunyang Securities employees were extremely nervous, taking a step back from the issue and reacting more sensitively than usual to real-time stock price fluctuations.
I don’t know that the operation begins right before the stock market closes, but I couldn’t take my eyes off it for even a moment because trillions of won in money would go to waste.
We have strengthened our trading program for today and are fully prepared to defend ourselves even if Deutsche Bank’s sales volume pours in, so all we can do is wait and see.
As expected, everything went smoothly without any problems until just before the market closed. The stock price was fluctuating and creating a plain chart.
30 minutes before the market closed, news was posted that the selling volume of spot programming linked to futures had begun to appear. The graph slowly began to sink.
This is the beginning.
For a heavy blow, all you have to do is watch the graph slowly falling. This is because if it is raised hastily, it may be stopped by Deutsche Bank, which senses defensiveness.
I sent a message to all employees telling them to take their time and focus on the last three minutes.
A few quick-witted and intuitive employees responded immediately. We have reported that several domestic securities firms have started selling programs.
Because I anticipated this situation, I prepared enough bullets. You will need to purchase at least 3 trillion won today.
The real deal began when there were 3 minutes left until the market closed.
At Deutsche Securities, programmatic selling volume surged rapidly due to large purchases of put options and liquidation of large amounts of call options.
Our buying program went crazy too.
It’s dark from now on. The results will be announced at 14:59:55, when the simultaneous bidding ends.
3 minutes felt like 3 hours.
At 14:50, just before the simultaneous quote price, the KOSPI index had fallen by 3 points. I was confident that I would be able to maintain the money I poured in, but my anxiety did not go away.
At 3 p.m., when the closing price came up, I knew I had succeeded without even looking at the monitor.
There was cheering as if the Sunyang Financial headquarters was about to leave.
The KOSPI index, which had fluctuated at 1,963 points, rose to 1,965 points, and the KOSPI 200 index remained firmly at 254 points.
Sunyang Securities prevented approximately 30 trillion won in domestic stock market market capitalization from disappearing in just 3 minutes today.
As of now, there are only two places that know about this.
There are only Sunyang Securities cheering and Deutsche Bank and Deutsche Securities looking at the monitor in bewilderment.
Executives came rushing in with faces full of joy.
“Thank you for your hard work. “Director.”
“Thank you all for your hard work.”
Praising each other’s hard work didn’t suit my personality. He finished with simple words and gave instructions on what to do.
“Ask your employees to give their money back and have a company dinner. However, you must not forget to quickly organize today’s work and report it to the Financial Supervisory Service. “Please find out exactly how much money the Germans have poured in and the losses they would have suffered if we had not prevented it.”
The executives, knowing that it wasn’t over yet, blushed a little and stepped away.
I tried to stay alone and take a breather, but I couldn’t help but notice my arms.
Another group of people came in.
“Chief, I heard your story. You said you made an excellent save? haha.”
PI experts and the public relations team showed their faces first, and several reporters holding cameras appeared after them, bowing their heads.
I missed getting off work.
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“Ohh! “Are you saying that we, the West, are the guardians of Korean finance?”
When I opened my eyes because I was touched on the cheek, my wife, who had already finished getting ready for work, was waving a newspaper at me.
“Did the article come out?”
“It was very plastered. You also ranked first in real-time internet searches. The president is going to be pissed. He tried so hard to save his approval rating through the G20, but he took it and ate it up… .”
That’s not all. Leaders of 20 countries leading the world economy gathered. They will definitely check out today’s article, and the interpreters will kindly tell me in detail about my activities.
It was a day when foreign media also paid close attention to Seoul. They won’t just ignore my story either.
My name may be mentioned at the tea time of heads of state today. The profits were much greater than doubling the advertising budget.
“It’s true that it’s true, but it’s not like I ate it for nothing. Because yesterday was a stormy day. And the article is true. “If that’s the case, you’ve done a very good thing.”
“Would you like the reporters to write an article saying they did a great job? In your bare mouth? no way?”
“We doubled our advertising budget. But it is true that the stock market crash was prevented because of me.”
“I believe the article. “It was so embarrassing that it was written so blatantly, so I was just wondering how much they paid for the rice cake.”
My wife threw away the newspaper and began to take off the suit she was wearing.
“what? “Does the gentleman in the newspaper article look sexy?”
Seo Min-young snorted as if she was dumbfounded by my greasy words.
“I’m sorry, but I don’t have time for that?”
“But why did you suddenly take off your clothes? awfully?”
She pointed to the newspaper.
“If you made such a fuss, would the reporters be silent? They must be camped out in front of the courthouse… . At least take a picture. It will be permanently stuffed. “If possible, it has to look pretty.”
More and more attention is paid to image management. what… . It’s not a bad thing for me.
I thought she might not be a government employee, so I rummaged through my closet, which only had neutral-colored clothes, and said to her that she was changing into clothes she had recently purchased.
“Do you want to stop by a hair salon on the way? “I’ll call you.”
“What kind of celebrity am I? I don’t have time. are you okay.”
I saw her off as she rushed out and opened the newspaper.
All economic newspapers had my story on their front pages. JoongAng Daily, unable to ignore the regime, filled its front page with the president and its economic page with my articles.
Since it was treated with equal weight to the G20, it was well worth the money spent.
When I closed the newspaper, I realized my face was burning.
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My wife was right.
He praised me to the point where I felt unfamiliar. The accompanying photo has also been heavily retouched to look like it would have been published in a magazine.
I think I’ll be very busy today too. I’m getting calls from all over, and there’s a backlog of follow-up reports and interviews for secondary media.
Like my wife, I was worried about how I dressed, so I started looking through my closet.
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The first person to wait for me at the company was none other than Jin Gyeong-jun.
“You came here after reading the newspaper, right? Let’s sit down. “Would you like some coffee?”
“That was amazing, you. You became a star right away. “He is also a star that leaders around the world are paying attention to.”
“This is no big deal. We blocked it at around 3 trillion won, and all the invested funds were held in stocks, so we didn’t suffer any losses. I’m currently checking the stocks purchased through the program. “I plan to keep what is useful and release the rest little by little into the market.”
“Is this easy?”
“okay. Of course, you might think that this is separate from taking over the group. But you knew one thing, right? “If I put my mind to it, I can completely shake up Sunyang Group’s stock price?”
Jin Kyung-jun said with a short sigh.
“That’s the end of the threat. “Because the business is different.”
Jin Kyung-jun took out a business card.
“Starting today, I am the head of the strategy team at Sunyang Electronics. “The personnel announcement will be made in the afternoon.”
“Strategy team leader? what? “I think it’s at the level of a manager?”
“No, Isa. “This is a position where you can sit next to Youngjun and act as the brain.”
I found out why his expression was dark.
Although they are called brains, if they are careful, they can end up taking on all the bad work.
Whether or not someone properly serves as the brain and staff depends on that person’s will. If you ask someone to run errands or do something bothersome, you will become an errand boy. If you ask for their opinion every time there is an important issue, you will become a brain.
Jinyoung-Jun… well. I think it’s the former.
Looking back on his actions in the past, he is a man who would never do anything to raise his own younger brother, who may become a troublemaker in the future.
Honestly, it doesn’t matter whether Jin Kyung-jun gets recognition in the electronics or not. As long as I fulfill my role as the second son well when needed, I don’t expect anything more.
“older brother. “I think it would be a good idea to pay attention to this one thing while working.”
“what?”
“Director Baek Jun-hyuk.”
“huh? “Why Chief Baek?”
When an unexpected name suddenly appeared, Jin Gyeong-jun’s brows wrinkled.
“Look at Chairman Lee Hak-jae. “Whose side are you on now?”
“ah… !”
A low exclamation flowed from his mouth.
“The person who knows the best about the goings-on in the electronics and product divisions is not even my uncle, but Director Baek. “Because it is Marum, not the landowner, who knows the land and the tenant farmers inside out.”
Jin Gyeong-jun learning his job from Director Baek Jun-hyuk is also not in my interest.
When Vice Chairman Jin Young-ki steps down from the front line and Jin Young-jun comes to the forefront, his personality will clearly drive out Chief Baek.
At that moment, Jin Gyeong-jun must take on the role of a link between me and Director Baek Jun-hyuk.
“You said you wanted to take charge of electronics? No matter what anyone says, Sunyang Electronics is the signboard of Sunyang Group. It’s full of worn-out, shrewd executives. “If you’re going to take control of those guys, you’re going to desperately need Director Baek’s help, right?”
Jin Kyung-jun began to blink.
“HW Group acquired Sunyang Construction and Heavy Industry, but it didn’t make any noise. “This was possible because these were companies that Chairman Lee Hak-jae knew right through the palm of his hand.”
After checking his expression, he clapped his hands slightly and said.
“Okay, here’s my opinion. Anyway, good luck. “A clear goal is not far away.”
Jin Gyeong-jun also nodded his head and stood up. I asked him with a slight smile.
“By the way, did you get a confirmation from your uncle?”
“what?”
“Inheritance. “Brother should own everything other than the group shares.”
The corners of Jin Kyung-jun’s mouth rose.
“Don’t even think about looking into my pockets. All I did was hold hands with you. “I don’t think I ever said I would show you everything?”
I raised my hand and waved it towards him, who turned around with a cold voice.
You should know that you are not the type of person who will just sit back and watch your younger brother take all of your father’s assets… .
I don’t think it’s a bad thing for Jin Young-jun to take up most of his uncle’s life and for his younger brother to be broke. Because when he realizes that he is empty-handed, he will only look at me.
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