Investor That Can See The Future

Chapter 207

It is not the first time that the CEOs of chaebols, after causing a scandal, step down to take responsibility and then secretly return to work.

However, Han Min-koo stepped down from all positions within the group and nailed it as saying that there is no way to return to management. Although Chan-Young Han had been educated as a successor for a long time, it was such a sudden resignation that everyone was in a chaotic atmosphere.

Before leaving the company, Han Min-koo gathered the presidents of each affiliate and asked them to fulfill their roles until the group stabilizes.

The immediate challenges are response to crisis and restoration of trust.

Eunsung Motor has decided to carry out a global recall independent of government investigations in each country. Delivery of PAS airbags was immediately stopped, and supplies from other manufacturers were urgently airlifted.

A car cannot be completed without one out of tens of thousands of parts. Factories were shut down, and shipments of vehicles were delayed. Even vehicles that have already been shipped out could not be delivered to the customer until the airbags are replaced.

When the Eunseong tea plant stopped, the factories of hundreds of subcontractors also stopped all at once.

Unlike Eun Sung-cha, who quickly announced measures, PAS remained silent. He did not respond to any media coverage.

While PAS executives were testifying at the US Congressional hearings one after another, Park Si-hyeong’s son Park Myung-hoon resigned as the CEO of an overseas corporation and returned to work as a general employee, trying to erase the connection between the president and PAS. But anyone could see it and it was blindfolded.

President Park Si-hyeong canceled all scheduled events and did not appear at meetings and other public events.

Opposition parties as well as the ruling party urged the president to announce his position. In this way, there is no chance of winning the election. Even if he got down on his knees and apologized, he had to change the people’s mind and rally the conservative forces.

In the end, a few days before the election, Park Si-hyung issued his public apology. This is the second time since the prosecution apologized for the unreasonable investigation by the NIS and the illegal inspection of civilians by the National Intelligence Service.

“My fellow citizens. I am standing here with a sad heart. I have not pursued my own interests for even a single moment, and I have lived without cherishing even a small amount of self-interest. I worked for the country and the people with the mindset that honesty is the best. As for PAS, he’s only helped his brother’s business with a few things, and nothing more. Still, it is very heartbreaking to receive such a misunderstanding. Looking at the various things that are happening right now, it is painful enough that I feel ashamed of myself, ‘Did I become president for this purpose? However, I believe that I am ultimately responsible for everything that happened during my tenure. Fellow Koreans, our security is facing a very serious crisis, and the economy is also in a difficult situation. As there are many pending issues at home and abroad, I will do my best to manage the government until the end of my term of office. Thank you.”

It was as if he had done nothing wrong, but had become a victim of a conspiracy. It was more of an apology than nothing.

The internet was hot.

– What kind of bullshit is this?

– Haha. Only honesty is the best. The bread broke.

-Characteristic of Sir’s apology = No matter how much I listen, I can’t figure out what the apology is.

– You’re out of fluid again.

-A trick to avoid legal responsibility somehow.

– Each was rejected until the end. Acknowledge that it is consistent.

-Anyone can apologize in words only. If you want to sincerely apologize, we recommend that you cast a deadly sin on a heated iron plate. If necessary, we will raise money among the people and install it in the middle of Gwanghwamun Square.

-I feel embarrassed and distressed that I filmed your Excellency for this.

– Can’t I just be impeached?

– I want to see you go to jail, sir.

-When you are released from prison later, you will probably say, ‘I know because I was in prison.’

– Anyway, this election is ruined.

– Candidate Jeong-hye Lee, please resign even now!

I got a call.

[This is Han Min-goo.]

“Yes.”

It felt good to know what the reason was.

[Everything that happened to CEO Kang Jin-hoo’s house is my responsibility. We sincerely apologize. As soon as I found out, I should have asked for forgiveness, but I’m sorry it’s too late. If given a chance, I would also like to apologize to the deceased CEO Kang Dong-hyun and his wife.]

“… … .”

Would he have been happy if his father had known this?

Rather than being happy or exhilarating, I felt a sense of emptiness. It was as if he had unloaded a heavy load.

“I’ll organize my thoughts later and tell you.”

[Thank you.]

He hung up the phone.

I put down my phone and stood by the window. It was rush hour, so Tehran was full of cars. He was lost in thought for a moment, and Taek-gyu entered.

“What are you doing? Aren’t you going home?”

“Let’s go get a drink.”

“Huh? suddenly?”

“I just want to drink.”

I went out with Taek-gyu.

* * *

The wavelength of the airbag defect in the silver car was larger than expected.

The market capitalization of Eunsung Motor Group, which once exceeded 200 trillion won, has shrunk to less than 150 trillion won.

The business community who saw it was astonished.

It was none other than the OTK Company that created this situation.

When the name of OTK Company was first known, it was just a start-up company that was lucky enough to make several successful investments.

Afterwards, the identity of the CEO was revealed to be Jin-hoo Kang, and a bad relationship between him and Eun Sung-cha became known.

Eunseong-cha was on the rise with the support of the government, and Park Si-hyeong had the powerful power to move the media and governing bodies at will.

In Korea, it is difficult for companies that look hateful to the government to survive.

No one thought that OTK Company would be able to deal with them. However, in just a few years, Eunseong Cha and even the Park Si-hyeong government were completely overthrown.

In fact, the second place in the business world is said to be OTK Company. No, considering the current growth, it will not be long before the day that we will surpass the Seosung group to become number one.

The industrial flow has changed since the Big One occurred. There was no doubt that OTK Company would take the lead in the future.

Everyone got hot. It’s a board that has to line up with Gangjin-hoo somehow.

However, Kang Jin-hoo hardly did any external activities in Korea and did not appear at business meetings.

On the other hand, in the Seoseong Group, Chairman Im Jin-yong stepped forward early and joined hands. Thanks to this, we are growing together by strengthening cooperation through the establishment of a joint venture and exchange of shares.

It was difficult for business people to meet Jin-hoo Kang in person, so he tried to build friendships with Park Sang-yeop and Oh Hyun-joo.

This atmosphere was ridiculously spread to Hankuk University’s Department of Business Administration. Even if we say that it is a skill-oriented society, academic connection is an element that cannot be ignored.

Conglomerates and financial institutions have stepped out to recruit prospective graduates of Hankuk University’s business department. In particular, if you went to school with Kang Jin-hoo, even for a short time, you were unconditionally hired.

The students also wanted to connect with Jinhu Kang and her.

The number of applications for admission to the Business Administration department at Hankuk University more than tripled compared to the previous year. Students who wanted to join Siltuari, an on-campus club, also lined up.

This is because it is known that Kang Jin-hoo and Park Sang-yeop first met at this club.

* * *

The presidential election has begun.

We have been voting early to avoid media exposure.

“You don’t know who will be elected?”

“You all know who it will be, don’t you?”

In previous opinion polls, candidate Huh Chang-min of the New Politics Party led by about 5 percent. The exit poll will probably come out similarly.

“It’s not the first time a poll has been wrong.”

“I hope I can get it right this time.”

How is the situation different from Brexit and Ronald’s election?

We decided to gather together at home to watch the counting broadcast, and when evening came, everyone gathered at our house.

Sangyeop senior and Henry arrived first.

Henry went on a business trip to the United States after China, and he returned yesterday. He intends to send raw materials such as steel and cement produced in China to the United States. So it’s hard to see your face at work these days.

“Did your business trip go well?”

“Yes. As I said before, we are asking for renegotiation with various excuses.”

In other words, the price has gone up too much compared to when we signed the contract, so we decided to sign the contract again. It’s not that I don’t understand your position.

Raw material prices soared after Big One. If you sell it elsewhere, you can get it much more expensively, but if you sell it to us, the cost will not come out. Just don’t make any noise.

“As a contract is a contract, there is no renegotiation.”

“Well done.”

Except for the amount we use directly, we decided to sell the rest to the US government at the purchase price. The US government will not stand still if it voluntarily breaks the contract.

Unlike Sang-yeop, who came in comfortable clothes, Henry looks great today. Because he decided to come with Hyunjoo noona too.

After a while, Hyunjoo’s sister and Ellie also arrived.

“Hi! We are here.”

“Come on.”

Then, the delivery food that Taek-gyu ordered arrived one after another. Pizza, chicken, pork feet, and bossam were set on the living room table.

I got a bunch of beer out of the fridge.

We all clapped cans together and toasted.

“The counting has begun.”

I ate pizza and chicken and watched the counting broadcast. About an hour later, Taek-gyu drank Coke and muttered.

“There is not much tension.”

That’s it.

From the beginning of the counting, Heo Chang-min led by about 3 percent, and as time passed, the difference gradually widened. There was little chance of a reversal.

By the time the ballot count was over, it was virtually certain that Changmin Heo would win the election. The difference in votes from second place is about 5%.

Sangyeop senior said.

“If it hadn’t been for what happened at the very end of the election, Lee Jung-hye could have been elected.”

“Iknow, right.”

Heo Chang-min received 43 percent of the vote, Lee Jung-hye 38 percent, and Choi Moon-gil 15 percent. The rest belonged to the minor candidates.

If the center-conservatives had not turned their backs on it, the opposite would have been achieved.

When the magic number was passed and the election was confirmed, cheers erupted from within the New Political Party. On the other hand, the party of the Liberal People’s Party had a gloomy expression, and Lee Jeong-hye shook her head.

PAS is in a state of disintegration, and regime change has become certain.

Heo Chang-min announced that he would dig into the issues of resource diplomacy, defense corruption, and political-economic collusion as a national task of the new government. In a word, he was talking about getting rid of Park Si-hyung’s corruption.

Hyunjoo’s older sister smoked a cigarette and said.

“Park Si-hyung is completely finished.”

“It’s like that.”

Hyunjoo’s older sister smiled. She looked as if she were saying, ‘I’ve touched my sister, so I’ll pay for it’.

I saw Taek-gyu.

Does this bastard know that his older sister thinks so terribly?(Read more @ wuxiax.com)

Ellie asked.

“What are you going to do now?”

“I do not know.”

Come to think of it, it was really crazy for a few months. Not only in the United States, but after returning to Korea, I couldn’t even rest properly.

Now it’s gotten a bit messy.

“I need to rest for a while.”

Then Eli laughed.

“Then when are we going to go on vacation that we couldn’t go on before?

Henry pricked up his ears and made an expression that he really wanted to go.

I’ll have to think about when to go.

* * *

I got in the car and headed to Dongtan. In the meantime, my mother has mostly come to Seoul, so it’s been a while since I’ve gone.

Upon arriving home, her mother asked in surprise.

“What happened without contact?”

“I’m coming home, should I call you?”

“He. I may not be there.”