The Chaebeol’s Youngest Son Chapter 36

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[036]Mine 3.

Perhaps because the atmosphere in the house had become cold due to Grandpa’s yelling during breakfast, everyone was busy trying to please Grandpa.

My father and mother, who were involved in this incident, left as soon as the meal was over under the pretext of checking on the situation at the theater, and my uncle was the first to leave, saying he was busy with work.

If you want to stop your grandfather’s plan, you must first know the details of the plan.

The report I glanced at on the desk in the study kept catching my eye. It seemed like the report was clearly a plan to swallow up Ajin Motors.

Looking at the people gathered in the living room centered around Chairman Jin, it would be enough to buy some time.

I quietly went into my grandfather’s study, sat down on the floor with the thick report on the desk, and quickly read it.

When I looked at the table of contents, I felt a little uncomfortable, and the more I turned the pages, the more I could understand why.

I read only the first part of each chapter to understand the entire report and closed the report.

I got it completely wrong.

This report was not a report on Sunyang’s strategy to absorb Ajin Motors.

It was the need for consolidation of the automobile industry, the resulting government policies, and support measures. In short, it recorded the feasibility and justification for Sunyang to absorb Ajin, and once the government announces according to this report, Ajin Motors will be incorporated into Sunyang’s group company.

If Daehyun Motors absorbs Ajin, there are concerns about monopoly in the automobile market, and since Woosung Motors has a significant stake in GM, it gives the impression that it is handing over to a foreign automobile company.

In the end, Sunyang Motors is the most suitable buyer.

Once again, I was surprised by the power of Sunyang, or rather, the conglomerate.

Chaebols create the policies they want and present them to the government, and the government puts those policies into action. Lastly, it ends with the National Assembly members, the legislative branch, faithfully fulfilling their role as raisers.

With this combination, it is possible to swallow up an intact company without even peeling it off.

This report is evidence of the secret close relationship between Sunyang Group and the government.

If this is leaked out, it will become a scandal of collusion between politics and business.

shit.

The blow is too great. I don’t care if it’s a blow to the current administration, but Sunyang’s blow should not happen.

Isn’t it possible to put my grandfather in a wheelchair and send him to the prosecution?

We need to find something that can turn the situation around.

I picked up the weekly intelligence report placed on one side of the desk.

Occasionally, I would take a quick peek in the study when my grandfather was away.

There wasn’t any particularly useful information for me yet. However, I only investigated celebrity scandals for fun.

This report has the same characteristics as a stock market trash talk or an X-file.

A report that covers all information from politics, economy, society, and entertainment. However, the amount, depth, and reliability of information are not comparable to gossip.

The information provided by Sunyang scholarship students from all walks of life was closely verified by the Sunyang Group information team.

I flipped through the files to see if there was anything useful.

However, there was no source that could make the grandfather take his hands off Ajin Motors.

As I closed the intelligence report file, I let out a long sigh.

We need to stop this before the government announces restructuring of the automobile industry, but as of now, we are at a loss.

At this time, a completely different thought occurred to me. No, the correct expression is to look at this situation from a different perspective.

You don’t have to stop grandpa, you just have to stop the government. What if the government is so obsessed with not even looking at the automobile industry?

There was one very relevant piece of information in the intelligence report I saw a while ago.

Information that was leaked by other conglomerates because they were not interested in making money.

as soon as… … .

[Hanbo Group – Reasons for change of use for residential land development in Suseo district]

This is very useful.

The media’s favorite and most beloved prey is the government.

No matter how much they bite, there is no citizen who curses. The more the media chews on the government, the more positive reviews remain about the media performing its role properly.

This is also directly related to money.

The more the people like the media, the greater the value of each word.

If there is a fatal flaw in the morality of the current government, the automobile-related report prepared by Sunyang Group will become nothing more than scraps of paper.

If the government, which has suffered a fatal blow to its morality, steps forward and restructures the automobile industry, it will be yet another scandal. It is obvious that we will never be able to talk about automobile restructuring.

I quickly copied information related to Suseo residential land development onto the fax machine.

* * *

“This has gotten too big… “I hope you’ll be okay.”

Immediately after the Lunar New Year holiday, I organized information files and mailed them to all media outlets in Korea. There was no response for a few days, so I thought Hanbo Group was paying attention, but it seems they also took time to check my report.

A few days later, Segye Ilbo opened the door, and all media outlets began reporting on the incident with great firepower. There was not a single article about Ajin Motors.

Every day, newspapers and broadcasters feature protests demanding an investigation into the truth about Suseo’s preferential treatment as their main articles.

Even though March is coming to an end, protests have continued for almost a month.

In 1988, Hanbo Group Chairman Jeong Tae-soo acquired the government’s plan to build an apartment on 35,000 pyeong in Suseo, which was nothing more than a natural green space, and purchased all of this land.

The city of Seoul’s initial plan was to build apartments and sell them to low-income people who do not own homes, but thanks to Chairman Jeong Tae-soo’s all-out lobbying, the city overturned the policy of ‘no preferential treatment for specific cooperatives’ within five months and decided to supply housing land.

The Seoul Metropolitan Government admitted that it changed its policy under pressure from Blue House Culture and Sports Secretary Jang Byeong-jo, but that was not the only decision.

It was even revealed that members of the National Assembly, regardless of the ruling or opposition parties, received kickbacks from Hanbo to put pressure on the Seoul Metropolitan Government.

Although the Blue House Secretary was pointed out as the body, it is a self-evident fact that he is the feather.

The media and the protesters demanding an investigation of the truth were heading towards the Blue House, and it was growing into the biggest scandal of the 6th Republic.

“I don’t think there will be enough people to pay attention to cars at this level… .”

As I thought, the Blue House was concentrating all its capabilities to resolve this situation, and the lame duck period for the Roh Tae-woo administration had begun.

***

“I think we should refrain from contacting the Blue House for the time being. And we also put stock purchases on hold.”

Hakjae Lee only frowned and looked at Chairman Jin, who was tapping his desk. I prepared like that, but it was completely unexpected that a spark would fly in an unexpected place.

“Hakjae.”

“yes. President.”

“It’s not a fire that will go out easily, right?”

“I think so. The Supreme Prosecutor’s Office’s Central Investigation Department has begun an all-out investigation. Starting with six lawmakers from Yeouido, secretaries from the Seoul Metropolitan Government and the Blue House were requested to appear.”

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“What about Chairman Hanbo Chung?”

“We are already banned from leaving the country. “At the group level, we are busy putting together a defense team.”

“I’m going to go find a chief prosecutor.”

Chairman Jin shook his head as if he was pitiful.

There is a saying that the presidential term is 24 months. You have the strength to push through anything for the first two years, but the remaining three years are a steady downhill slope.

With only two years left in office, it is safe to say that if a scandal of this magnitude occurs, the president has lost all his power.

Power will now shift dramatically to the ruling party president. There is exactly one year left until the next general election. Since the party president holds the right to nominate candidates, it is obvious that the Blue House will degenerate into a vegetable government.

Such a Blue House cannot or will not promote reform of the automobile industry.

“This administration said that there should be no land speculation… “Tsk, tsk.”

“Isn’t Chairman Chung famous for his greed for land? I didn’t know that that greed would ruin our plans… … .”

“Inform the current chief prosecutors. “Just to defend Jeong Tae-soo for no reason, I warn you that if you resign, our Sunyang will end all ties with you.”

“All right.”

Lee Hak-jae was no different from Chairman Jin’s desire to vent his anger in this way. If I could, I wanted to grab Chairman Chung by the collar and shake him.

Chairman Jin said while looking at President Cho Dae-ho, who was sitting quietly next to him.

“What about Chairman Song? Didn’t he have a party?”

“It’s similar. “He laughed as he informed me that he would not hire me.”

“Good job. President Cho.”

“no. Rather, I apologize for not having done anything.”

President Cho Dae-ho bowed his head.

“I will return to the car again during the regular greetings in April. “We need to prepare for new car development without any setbacks.”

“thank you. President.”

When I lifted my head, I saw President Cho’s bright face.

“Hakjae. “Did you lose some money by buying Ajin Motors stock?”

“it’s okay. Didn’t the stock price plummet when Chairman Ajin Song was beaten? I took advantage of the amount I purchased at that time. “If you sell it again now, you won’t lose money.”

“okay. Shake off your hands and get out.”

With a bitter expression, Chairman Jin threw the strategy report prepared by Sunyang Economic Research Institute into the trash can.

* * *

As Freddie Mercury, vocalist of the British band Queen, died of AIDS in 1991, Seo Taiji swept the year 1992.

In addition, Kim Young-sam, who would become more popular than Seo Tai-ji, was elected as the 14th president, and as if predicting the end of the two Kim eras, Kim Dae-jung announced his retirement from politics and 1992 came to an end.

Oh Se-hyeon, who was watching this on TV, turned off the TV and let out a long, regretful sigh.

“One side withdraws and the other begins. “It’s really amazing.”

“We should start now too.”

“What do you start with?”

Oh Se-hyun’s eyes turned suspicious. Although he had been surprised by me more than once, he still didn’t seem to get used to it.

“I plan to move some of the money I’ve buried next year.”

“money? The money in Miracle?”

“yes.”

“where? how?”

I raised my hand to cover Oh Se-hyun’s mouth and carefully took out the plan I had in mind.

“uncle. Now, let’s partner with me.”

“what?”

“I’m telling you to quit Power Shares and go all in on Miracle Investment. “It’s 2% of the stock anyway, and we’ve earned a lot of money, so shouldn’t we be able to afford the high salary?”

I thought I would be shocked at first and then worried, but it was completely different. As soon as I finished my suggestion, I shook my head.

“You don’t like that?”

“yes? why?”

“98% of the holders make arbitrary investment decisions and the results are always successful, so what can I do? is not it?”

This does not mean using the worn-out negotiation technique of ‘unconditionally reject the first offer.’ It was a complete rejection.

In that case, you have to make another offer to be scouted.

“We will also create a branch in Korea. Now, I plan to keep part of the funds in Korea. also… “Grandpa, you have a slush fund, right?”

“okay.”

“I will only use the money I invested in Dell Computer, so my uncle will manage my grandfather’s slush fund and the rest of the money. “I have no intention of turning my uncle into a scarecrow.”

Oh Se-hyeon reacted more sensitively to the idea of ​​using the money buried in Dell computers than to my suggestion.

“what? “You want to take that money away?”

“yes. “I plan to take it out early next year.”

“it’s crazy? Dell is a golden duck that updates its highest returns every day. Why?”

“We’ll talk about this later, but what do you think of what I said? By the way, don’t misunderstand. “I’m not suggesting this, I’m asking for it.”

Perhaps because of my calm tone of voice, Oh Se-hyeon tried to control his excitement by getting up from his seat and walking to the window.

He looked out the window in silence for a few minutes, and when he turned around, he was back in his negotiator’s pose.

“I will organize what I need and tell you again. Let’s watch that and talk again.”

I plan to listen to everything, no matter what. What I need now is an adult like Oh Se-hyun.

Someone who no longer treats me like a child, but is smart, experienced, and, crucially, has a career that won’t get you anywhere in the world.

He is the person who will represent me until I become an adult.

But I didn’t say this.

The negotiation process is also important. If you pretend to review his request and accept it, he will feel satisfied. In negotiations, the satisfaction of getting everything you want is more important than good conditions.

“Dojun, what on earth are you planning to use Dell Computer’s funds for?”

“I plan to invest in Japan.”

As soon as the word Japan comes out, I shake my head vigorously.

“no! Is it because you don’t know? The Japanese economy is sinking right now. You read the newspaper too. “It is said that Japan faced the greatest crisis when the bubble burst.”

I also shook my head vigorously.

“uncle. The best opportunities always lie in the greatest crises. As you know… … .”

“That’s the story of successful people! The person who takes an opportunity in a crisis is one in a million. “Everyone fell into that crisis and died.”

“uncle. “Don’t you think I’m one of those million people?”

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