The Youngest Son Of A Rich Family Chapter 36

[036] Mine 3.

At breakfast, everyone was busy trying to match Grandpa’s mood, probably because of the chilly atmosphere in the house due to Grandpa’s yelling.

The father and mother, who were involved in this incident, left early as soon as the meal was over on the pretext of checking the opening situation, and the eldest father left first, saying he was busy.

To stop Grandpa’s plan, you must first know the details of the plan.

The report I glanced at on the desk in the study kept stepping on my eyes. It seemed clear that the report was the plan to swallow Ajin Motors.

If you look at the people gathered in the living room, centering on Chairman Jin, you will be able to buy time for a while.

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

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

I read only the first part of each chapter, grasped the entire contents of the report, and closed the report.

Got it completely wrong.

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

It was the necessity of consolidation and abolition of the automobile industry, and the government’s policy and support plan accordingly. In a word, it was a record of the feasibility and justification for Sunyang to absorb Ahjin, and as soon as the government announced the report, Ahjin Motors would be incorporated into Sunyang’s group.

If Daehyun Motors absorbs Ajin, there are concerns about monopoly in the automobile market, and Woosung Motors has a large stake in GM, giving the impression that it is handed over to a foreign automaker.

In the end, it is a story that Sunyang Motors is the most suitable acquirer.

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

Chaebols create policies they want and present them to the government, and the government puts those policies into action. Finally, the legislature, the National Assembly, ends with faithfully playing the role of raising the flag.

This combination makes it possible to swallow an intact company without peeling it.

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

If this leaks out, it becomes a scandal of collusion between politics and business.

shit.

The blow is too great. I don’t care about the current regime’s blow, but Sunyang’s blow shouldn’t happen.

You can’t send your grandfather to the prosecutor’s office in a wheelchair.

You need to find something that can turn the situation around now.

I picked up the weekly information report lying on one side of my desk.

Occasionally, when Grandpa was not in the study, he would peek at it for a short time.

I haven’t had any useful information yet. I just enjoyed investigating celebrity scandals.

The nature of this report is similar to that of a stockbroker or X-Files.

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

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

There is nothing useful, so I passed the file.

However, there was no source that would make the grandfather let go of Ajin Motors.

As I closed the information report file, a long sigh came out.

Before the government announces the restructuring of the automobile industry, it should be stopped, but it is at a loss now.

At this time, a completely different idea came to my mind. No, looking at this situation from a different point of view is the right expression.

You don’t have to stop the grandfather, you just have to stop the government. What if the government took its soul out of not even looking at the auto industry?

There was one content that was very suitable in the intelligence report I had just seen.

Information that other conglomerates passed on because they did not pay attention to making money.

Exactly……. [Hanbo Group – Suseo District Land Development Change of Use]

This is very useful.

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

No matter how much they bite, no one curses at them. The more the press chews on the government, the more positive reviews remain that the press is doing its job properly.

This also has to do with money.

Because the more people like the media, the greater the value of each letter.

If the current government’s morality is fatally damaged, the automobile-related report made by the Sunyang Group will become a piece of paperwork.

If the government, having suffered a fatal blow to morality, steps in and restructures the automobile industry, it will be another scandal. It is obvious that you will never talk about car restructuring.

I quickly copied the information related to the Suseo land development with a fax machine.

* * *

“This is getting too big… I wonder if it will be okay.”

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

A few days later, the Segye Ilbo opened fire, and then all media outlets began to focus on the firepower and report on this incident. There was not a single article about Ajin Motors.

Newspaper broadcasts are pouring out protests demanding the truth about the preferential treatment of Suseo as main articles every day.

Even though March is coming to an end, the protests have not stopped for almost a month.

In 1988, Chairman Jung Tae-soo of Hanbo Group bought the entire land after obtaining the government’s plan to build an apartment on 35,000 pyeong in the Suseo area, which is nothing more than a natural green area.

The initial plan of the city of Seoul was to build apartments and sell them to the common people without homes, but Chairman Jeong Tae-soo’s omnidirectional lobby overturned the policy of ‘no preferential treatment for specific cooperatives’ within 5 months and decided to supply housing sites.

The city of Seoul confessed that it changed its policy due to pressure from Blue House Secretary for Culture and Sports Jang Byeong-jo, but that was not the only case.

It even came out that members of the National Assembly, regardless of the ruling and opposition parties, received back money from Hanbo and put pressure on the city of Seoul.

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

The studio of the protesters demanding the press and truth-finding went to the Blue House, and it was growing into the biggest scandal of the 6th Republic.

“I don’t think I’ll be able to turn my attention to cars at this level, but…”

As I thought, the Blue House was concentrating all its efforts to deal with this situation, and the lame duck of the Roh Tae-woo administration began.

***

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

Lee Hak-jae frowned and only looked at Chairman Jin as he tapped the desk. I prepared it like that, but it was completely unexpected that sparks would fly in an unexpected place.

“It’s Hakjae.”

“yes. President.”

“It’s not a flame that can be easily extinguished, is it?”

“It seems so. The Central Investigation Department of the Supreme Prosecutor’s Office has started an all-round investigation. Starting with six Yeouido lawmakers, even the secretaries of the Blue House in Seoul requested to appear.”

“Chairman Hanbo-jung?”

“I am already banned from leaving the country. At the group level, they run around building a lawyer.”

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

Chairman Jin shook his head as if he was pathetic.

There is a saying that the term of office of a president is 24 months. The first two years have the strength to push through anything, but the remaining three years are a steady downhill.

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

Power will now shift rapidly to the ruling party president. The next general election is only one year away. With the party president holding the nomination right, it is obvious that the Blue House will degenerate into a plant government.

Such a Blue House cannot or cannot promote the reorganization of the automobile industry.

“I told you not to speculate on land in this administration, but… tsk tsk.”

“Chairman Chung is greedy for the land, isn’t it famous? I didn’t know that greed would ruin our plans, but…”

“Notify the current prosecutors. If you resign as Jeong Tae-soo’s defender for no reason, I warn you that Sun-yang will cut ties with you.”

“All right.”

Lee Hak-jae was no different from Chairman Jin’s mind, who was trying to vent his anger in this way. It was to the extent that I would want to shake Chairman Chung’s collar if I could.

Chairman Jin said while looking at CEO Dae-ho Cho, who was sitting next to him in silence.

“How is Chairman Song? Didn’t you have a party?”

“Similar. He laughed when he informed me that he would not hire me.”

“Good job. President Joe.”

“no. Rather, I apologize for not doing anything.”

CEO Dae-ho Cho lowered his head.

“Return to the car during regular greetings in April. We have to prepare without a hitch in the development of a new car.”

“thank you. President.”

When I lifted my hair, I saw the bright face of President Cho.

“It’s Hakjae. Didn’t you lose some money by buying stocks of Ajin Motors?”

“it’s okay. Didn’t the stock price plummet when President Ah Jin Song was beaten up? I was flooded with the amount I bought at that time. If you sell it again now, you will not lose money.”

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

With a bitter expression on his face, Chairman Jin tossed the strategy report created by Sunyang Economic Research Institute into the trash.

* * *

In 1991, when British band Queen’s vocalist Freddie Mercury died of AIDS, Seo Taiji swept 1992.

In addition, Kim Young-sam, who would gain more popularity than Seo Tai-ji, was elected as the 14th president, and Kim Dae-jung announced his retirement from politics as if foretelling the end of both Kim eras, and 92 years passed.

Oh Se-hyun, who was watching this on TV, turned off the TV and let out a long sigh as if regretting it.

“One side retreats, the other starts. What a wonderful thing.”

“We have to start now.”

“What do you start with?”

Oh Se-hyeon turned into a suspicious look. It wasn’t once or twice that he was surprised because of me, but he still didn’t seem to get used to it.

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

“money? Money in Miracle?”

“yes.”

“where? how?”

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

“uncle. Now join me.”

“what?”

“Stop Power Shares and go all-in on Miracle Investment. Anyway, since you’re a 2% shareholder and we’ve made a lot of money, shouldn’t we be able to afford the high annual salary?”

The first time I was shocked, I thought I would worry after that, but it was completely different. As soon as my proposal was over, he shook his head.

“You don’t like that?”

“yes? why?”

“The holders of 98% of the stock decide to invest arbitrarily, and the result is always a success, so what can I do? is not it?”

It’s not about using the worn-out negotiation technique of ‘reject the first offer’. It was a complete rejection.

Then you have to make another offer to scout.

“We will also set up a branch in Korea. Now, I plan to put some of the funds in Korea. Also… do you have grandpa’s slush fund?”

“okay.”

“I’ll only roll the money I invested in Dell computers, so my uncle manages 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 rolling money buried in a Dell computer than to my suggestion.

“what? Are you trying to get that money?”

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

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

“Let’s talk about this later. What do you think of what I said? Don’t get me wrong. I am not suggesting, I am asking.”

Perhaps because of my calm tone, Oh Se-hyun got up and walked to the window to calm his excitement.

After a few minutes of staring out the window in silence, I turned around and returned to my negotiator’s stance.

“I’ll organize what I need and say it again. Let’s look at that and talk again.”

Whatever it is, I intend to listen to it all. What I need now is an adult like Oh Se-hyun.

Someone who no longer childishes me, but who is smart, experienced, and, crucially, has a career that doesn’t run anywhere in the world.

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

But he didn’t say that.

The negotiation process is also important. He is satisfied only when he accepts what he is asking for with the pretense of reviewing it. In negotiations, the satisfaction of getting everything you want comes first rather than good terms.

“Do-joon, where the hell are you going to spend Dell Computer’s money?”

“I am thinking of investing in Japan.”

As soon as the word Japan is mentioned, he shakes his head vigorously.

“no! do you not know? Japan’s economy is sinking right now. You read the newspaper too. The bubble burst and it was Japan that faced the greatest crisis.”

I also shook my head vigorously.

“uncle. The best opportunity is always in the best crisis. As you know…”

“That’s the story of successful people! The one who seized the opportunity in the midst of crisis is one in a million. Everyone died in that crisis.”

“Uncle, don’t you think I’m one of those million?”

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