# 289
The Legend of Return
Chapter 289. Go shopping (3)
‘Wow!’
Do-hee Do-hee was internally surprised by the strong tone of the representative.
The position of senior director in charge of finance at Ford corresponds to the level of president in Korea.
He had full control over the finances of the Ford Motor Group as Senior Director of Finance.
He was the one who persuaded directors and investors and planned and executed the funds.
In contrast to Ford’s usual operating style, executives at investment companies bowed their heads.
The size of the funds for the year they moved was beyond imagination.
But today things were very different.
A painful word from CEO Jang Tae-san, who denounces the CEO of one of the top 3 American automobile companies as a company on the brink of bankruptcy.
Jeff Donnelly’s face turned blue.
It was the first time Do-hee had ever seen a man who told the truth as it was.
On Wall Street, even when an employee was kicked out, he did not save praise as much as possible.
He even says that although his skills are excellent, he regrets not being a good fit for the company.
It is like saying that I will bless the future, so let’s meet at a good opportunity later.
The words are polite and courteous, but in fact, it is refusing to work together as colleagues.
I had to be as careful as possible because I didn’t know when we would meet again, and I could be dissatisfied and carry a gun and get kicked in the back.
The unilateral dismissal method shouting “Fire year!” is only possible in movies.
But now Do-hee actually witnessed such a situation right in front of her eyes.
Representative Jang Tae-san, who is young but has great charisma.
I can’t see him shrinking in front of the American auto giant.
No, the expression full of ridicule is rather overwhelming.
It was like absolute freedom.
‘Robert… he doesn’t even dream.’
The legendary Wall Street investor also seems to agree with CEO Jang Tae-san.
The two of them matched well.
bang!
“Now you are insulting me and the company!!!”
Jeff banged his fist on the table, excitedly.
His angry face was ready to strike him with a fist.
“Why do you think it’s an insult? Don’t need money? GM and Chrysler Finance are scheduled for tomorrow… Would you like to make a concession?”
“!!!”
When I mentioned another car company, Jeff looked puzzled and surprised.
“It’s not like that… the expression…”
Jeff calmed down right away, like a lie.
‘Puhahahaha.’
Do Do-hee secretly tasted a sense of exhilaration.
When I was working on Wall Street, executives belonging to conglomerates were just as stiff-headed as executives from Korean conglomerates.
The moment he was appointed to a high-level position, his life in the United States changed dramatically.
As the incentives are guaranteed, they learn the secrets of the company and their annual salary increases several times.
As a result, my self-esteem grew stronger.
Ford’s chief financial officer, who must have gone through such a process, has become a very docile sheep at this moment.
‘Our CEO said he has a knack for listening to and releasing people~.’
He must have had less social experience as he was young, but who would believe that he was a 20-year-old minor?
Wearing a tie-less short-sleeved shirt looked cool in a free style.
A tall, slender body.
His charismatic eyes and confident voice were enough to kill the spirit of the trading partner.
Even so, he was an infinitely gentle man to his colleagues.
Do-hee Do-hee and Robert Kim Han-byul relaxed, leaned back comfortably in their chairs, and activated the spectator mode.
***
Are you kidding me now?
American automakers are soon going to be groaning.
When it was doing well, it absorbed foreign automakers without hesitation.
GM embraced Daewoong Motor Korea and drank the sweet water from the side.
Daewoong Motor, which showed strength in mid-size cars, played the role of GM’s cash cow at a low price.
Daewoong cars were sold under the GM name in European and Asian markets by making up for the weakness of American cars, which do not have compact cars and are poor fuel economy.
So was Ford.
It ate auto groups during a global recession.
It swallowed up various brands such as Jaguar, Land Lover, and Aston Marine, including the ball part.
To the point where everyone had the illusion that American cars ruled the world.
But I get sick.
Guys who don’t even have the ability ate too many things.
The philosophy of thinking about cars was different, and the culture of the country where the maker was produced was distinctly different.
The merchants of the century who ignorantly ate it in one bite and tried to mix it are punished.
“I heard rumors that the company’s liquidity is at a bottom, is that true?”
How to boldly throw the winning number when driving the enemy.
“What is it? It’s a little tough in the aftermath of the mortgage loan, but that’s not the bottom. It is an insult to Ford, which has had a history of over 100 years since 1903!”
It is a foolish tactic to cover up with a strong backlash.
Jeff’s eyes were already shaking.
This is a phenomenon that occurs when words and facts are different.
“So you secretly applied for a bailout from the government?”
“Hehe!”
Jeff Donnelly screams in surprise at the fastball.
Are you surprised?
It was still a top-secret content that was treated as a secret to the outside world.
Although it is an undeniable fact that all the newspapers will make headlines next month.
“The deficit is serious due to the sluggish sales of medical insurance payments for union retirees and high labor costs. It has determined that tens of billions of dollars are needed in Ford operating funds to pay off debt and extend maturity in the future. Am I wrong about this as well?”
It was driven by clear facts known from the future.
Jeff turned to Robert.
It’s the eyes that ask if you’ve blown.
“Jeff~ I’m not as smart as I thought. Looking at it that way, I have nothing to say. Here, Daniel’s judgment is superior to mine.”
Robert raised his hand and gestured no.
“And I heard about the bailout for the first time today~. If I knew… I would take away the stocks I invested in right away.”
Robert, who does not have stocks, is exaggerating.
As we went together, I got a lot of color on my style.
“It is pure information. Will the gas-guzzling hippo be eaten by consumers at a time when the subprime crisis is raging? The Big 3 still have a top-down management paradigm. It is very insensitive to the changes of the times, and the union is not facing the crisis of survival. Then the conclusion is… bankruptcy.”
The point is to smile at times like this.
Jeff’s face, once crumpled, could not be straightened.
It was impossible to defend further from the attack that stabbed the core.
“But… Detroit is the heart of America’s manufacturing industry…”
“The Republicans aren’t happy with the bailout. Would you like to drink poisoned water at this time when you are entering the end of the regime? The Big 3, which are ignored by consumers and unions are a mess….. Politicians are busy weighing.”
“Haaa…”
Jeff expressed his feelings with a sigh of bewilderment and silence.
George Lumney, who was called the hero of the development of the American automobile industry, appealed to focus on developing compact cars from the 1950s.
However, the Big 3 believed in cheap oil and insisted on the big, ignorant American style.
And it is in a big crisis because it is pushed by Japanese cars.
Of course, Ford is the best among American automakers.
When the crisis hit, he immediately reduced his size.
As if they had waited, they boldly sold off brands at bargain sales.
Landlover and Jaguar were sold to India.
It also quickly sold its stake in Mazda.
And the cheeks I came to buy are also sold to the jjanggaes.
I came here today to prevent that.
Jjanggae accumulated skills through the cheekbones and threatened the world in 2020.
It’s no longer a car where quality and safety are the crap.
The ball part that occupies the world market at an affordable price.
Korea also imported Chinese balls in 2018.
The ball part was encroaching on the market with its low price merit.
I wanted to go back to the past and stop it.
It was also full of regret.
The Korean automobile industry would have been different if Yantai Motors had purchased the ballbu for about 2 trillion won at this time rather than spending 10 trillion won to purchase useless land in Gangnam.
It was possible to acquire human safety-centered automotive engineering skills that lacked solidarity.
Bolbu also possessed safety technology and autonomous driving technology that were ahead of an era.
The mistake of solidarity has become a painful regret in the Republic of Korea.
In that sense, the cheekbones had to be caught.
Do-hee also reported that it was a company that must be purchased in order to run an automobile company.
Just as Mansour owns a football club, I also wanted to buy a car company.
An in-house car company that can produce the car you want to drive.
I took a precious step today for that dream.
“So what do you want? Are you asking us to hand over our stake as an investment condition?”
Downcast Jeff.
“A stake? now? Ha ha ha ha ha ha ha ha ha ha.”
laughed like crazy
Who would buy a stake in a bankrupt company?
“Jeff. It is rude to joke too much. If you were like Jeff, would you give money to buy stock in Ford?”
asked with a smile.
Jeff, of course, kept his mouth shut.
It wasn’t common sense.
“Our pods don’t break down that easily. We have been through so many crises like this and will survive so many more!”
He growled as if his pride had been hurt.
It was like the last madness of a beast.
“I think so too. Don’t we all know that politicians aren’t stupid? Those who gave up Detroit and became president are rare~.”
“???”
“Isn’t that why you came here?”
I missed the back story.
“Robert, what do you really want with this fellow?”
Jeff bit Robert and sagged.
It seems that you did not clearly grasp the intention of my words.
“Sell it.”
“What do you mean?”
“In order to move the political world, measures that the voters can understand must be preceded. If so, the method… The number one priority is to organize the useless ornaments on your body.”
“….You were targeting a valuable brand we own.”
“I think the word boss would be more appropriate than the word precious. Weren’t you determined to organize it internally anyway? It’s just that the opportunity came sooner than expected and I was taken aback.”
“!!!”
Jeff looked at me with his mouth open.
It was uncomfortable to have to roll a whole bowl of rice in front of me, who had already seen their future clearly.
But it didn’t seem like the right time to see the end today.
It seemed that the brand was not clearly organized inside Ford.
I haven’t tasted the heat yet.
It took some time to organize the union.
One month should be enough.
The Big 3 collapsed more mercilessly than we could have imagined.
“What are you aiming for?”
Jeff asked with burning eyes.
asked for bait
“Dig the ball.”
“Um….. Volbu is an important subsidiary of our Ford subsidiary. It is not an easy company to sell.”
Jeff shook his head at once.
It was a ploy to raise the sale price.
He was stingy with the investment, saying it was important.
Volbu was operated with a subsidy from the Swedish government.
It was a typical shepherding method of the American brothers.
It was a ball part that didn’t fit the American style anyway.
The U.S., which makes stylish and durable cars, and the safety and high-class ball department did not match.
“It looks like we won’t be able to talk any more today. Nice to meet you. Jeff~.”
I had to wait too long to get an answer.
These deals were usually negotiated over months to years.
I got up easily from my seat.
Such a calm attitude was necessary for future negotiations.
I want to shop, but I don’t want to throw money at what they ask for.
The automobile industry was a business in which the pride of not only individuals but also the nation and the people acted strongly.
I could have been hit by a headwind while I was making money.
The time is coming soon when the US economy will be more shaken and the bailout will be swept away.
At that time, it is enough to sweep through Robert.
The board that everyone had no choice but to admit had to be properly laid.
Even now, you can disrupt the stock market if you want to, but you endured it.
I didn’t want to throw an uppercut on a guy who would collapse anyway.
The enemy who knows how to kneel.
Today, I only showed you the taste.
drooling.
Do-hee Do-hee and Han-byeol Kim rose from their seats without regret.
Their faces were full of pride.
Although I am younger, I was well aware of the significance of this event today.
Robert remains.
I had to read Jeff and finish the rest of the board.
It was like a group of fraudsters with a thorough division of labor.
“Why do you want cheeks! Korea is an automobile powerhouse. The market is too small to hold on to the cheeks…”
Jeff asked me why I was aiming for the cheeks as I turned around from my seat.
“Jeff~ Do you start advertising your hobbies too?”
“yes?”
shit.
Any more answers were stupid.
I turned around and left with the smiling beauties.
A tight dinner schedule prepared by Robert.
For that time, it’s time to shop around the streets of New York with the beauties.
