The 3th Generation of the Chaebol Wants to Live Quietly - Chapter 1107



Only Noblemtl

1107

Congressman John Smith was disturbed by Dr. Chris Amon’s actions.

He also knew that Director Derek Morgan was using him.

But looking at the state of the Plims Project, I couldn’t help but feel concerned.

Director Choi Min-hyeok’s other problems were nothing compared to Plims.

He eventually decided that this could not continue, so he recalled the list of anti-Choi Min-hyeok factions and contacted Deputy Secretary of the Treasury Summers, the only person he could talk to.

No, I ran straight to Deputy Secretary of State.

Normally, we would talk about various political issues first, but now the situation is different.

“… Are you just going to leave Director Choi Min-hyeok like this?!”

Deputy Treasury Secretary Summers was dumbfounded. No matter how much he opposed Secretary Robert Rubin, he would not listen to such a story.

“Director Choi Min-hyeok’s story is… … until the end of the Clinton administration’s re-election.”

“Are you saying that after seeing the status of the Plims Project?”

What he handed over was a report on the Plims Project.

It even included a section on the development of the Plims chip.

It clearly shows how much Japan and Europe are trying to keep Director Choi Min-hyeok in check.

Because I kept having meetings to hit Director Choi Min-hyeok on the back of the head.

It was actually quite surprising.

Because Europe and Japan joined hands to begin to check Director Choi Min-hyeok.

But they did not leak the information to the United States.

Because of the Clinton administration’s ambiguous attitude.

Because I know very well that they are supporting Director Choi Min-hyeok.

No, I couldn’t not know.

In addition, the fact that Europe and the United States are in an antagonistic relationship played a major role.

Europe did not trust the US government.

The United States also pressured the Korean government to help Director Choi Min-hyeok.

Deputy Secretary Summers’ face hardened. He had no idea this was happening.

Congressman John Smith shouted in a tone full of concern.

“I was also thinking of just leaving it alone. But the results of ETRI’s test this time are definitely not something to be left alone!”

That was the truth.

This was the reason why there were people with different ideas, like Dr. Kim Moon-ho, within ETRI.

If I could just get the results of this project, I could become a world authority.

But the opponent had to be able to withstand Director Choi Min-hyeok’s retaliation.

“Hmm.”

“If time passes like this, we will have to do as Director Choi Min-hyeok wants. If that happens, Director Choi Min-hyeok will control all the money related to the Plims standard. Don’t you know how enormous the vested interests are?!”

There was not a single word that was wrong.

Plims went beyond the scope of what an individual could encompass. This was something that Director Choi Min-hyeok himself was worried about, but he thought that it would come up after some time had passed.

However, the results of the Plims completely exceeded Director Choi Min-hyeok’s expectations.

It was because of experts like Vice President Cho Chang-ho.

Director Choi Min-hyeok also knows this well, so he said he would disclose the technology.

But when you actually look into the inside story, it wasn’t necessarily like that.

Because Director Choi Min-hyeok still holds all the leadership of the Plims Project.

Director Choi Min-hyeok outwardly claims to be working for the advancement of humanity, but behind the scenes, he recklessly seeks out vested interests.

It wasn’t revealed until now, but now some of it has surfaced.

“… Okay. I’ll talk it over internally and get back to you right away. But don’t expect much. The Clinton administration is currently preoccupied with re-election.”

“I will be in Washington, D.C., so please respond as soon as possible.”

“Do you really have to go that far… … .”

“No. This is about determining the global communications standards for the next generation. This is more important than anything else!”

This story wasn’t wrong.

Based on Director Choi Min-hyeok’s memories of his past life, this happened 10 years later.

But that happened ten years earlier.

Even the results were more complete than they were 10 years later.

This is because the skeleton of the Plims itself is based on results that came out 30 years later.

“… That’s right.”

Deputy Secretary Summers stuck out his tongue. But on the other hand, his mouth felt bitter.

Treasury Secretary Robert Rubin probably doesn’t want to get involved in this.

‘If I do that, I have to send a separate message to the White House… … .’

Just thinking about how to handle things gave me a headache.

I had to explain this and that, but it was obvious that the listener would be shocked as well.

But he was also worried about another issue. This time, an acquaintance of his was working in East Asia, including Thailand.

‘I hope it doesn’t have anything to do with that.’

But he couldn’t shake off his anxiety.

This is because the main character of this incident is Director Choi Min-hyeok.

To be exact, the problem was not Director Choi Min-hyeok, but the astronomical amount of money he was holding.

That’s $25 billion and the money managed by Belin Investments.

‘According to what we have learned so far, there is talk that the available funds are easily over 30 billion dollars… … ‘

* * *

Deputy Secretary Summers did not get along very well with Treasury Secretary Robert Rubin.

But he also did not reveal his selfishness because of those behind Secretary Robert Rubin.

So the warning that Congressman John Smith gave could not be easily dismissed.

But Secretary Robert Rubin was no fool. He was always wary of the problems that could arise as he helped the Clinton camp get re-elected.

“…What happened?”

“It’s not that something has broken out, but rather that I have some concerns.”

“What is it?”

Deputy Secretary Summers hesitated, then quietly passed the materials submitted by Representative John Smith and the data compiled from them to Secretary Robert Rubin.

There are several issues related to Plims.

Secretary Robert Rubin looked over the contents, then sighed and washed his face dry.

“Are you saying that we should at least check Director Choi Min-hyeok? Are you saying this knowing that Director Choi Min-hyeok is a person who could have a big impact on this re-election?”

Especially when it comes to IT, there are quite a few things that Director Choi Min-hyeok holds the key to.

Even if Director Choi Min-hyeok said just a few words for the Clinton camp, it would immediately affect the approval rating.

“I know. But Flims is a completely different story. In just six months or a year from now, Flims will have complete control.”

From then on, it became difficult to change the standards related to Plims.

You can apply various pressures while the decision is being made, but after that, these efforts are useless.

To change an established standard, you have to convince everyone involved.

That wasn’t an easy task, even for the U.S. government.

Of course, Secretary Robert Rubin was not unaware of that.

“But the next generation of mobile communications has only just begun. Even if Director Choi Min-hyeok develops a relevant platform or chip, it will not have an absolute impact.”

“No.”

But Secretary Robert Rubin spoke more forcefully than usual.

“I’d rather hear more about Deputy Secretary Summers’ friends. About the work they’re doing in Thailand. Did they have a lot of fun with that?”

“…I don’t know what you are talking about.”

Deputy Secretary Summers was greatly embarrassed. He had never expected to hear such a story.

“I don’t think it’s that surprising. It’s helpful to our national interests anyway. The problem is that it’s connected to Taiwan, Hong Kong, and even Korea. If that happens, Director Choi Min-hyeok won’t stay still. Did you take that into account?”

“… Again, I don’t know anything about this. The Thai baht crisis is also something that hedge funds are doing separately… … .”

“Isn’t Deputy Secretary Summers one of the people who helped that hedge fund? He already made a show of it with Clinton on the condition that he would turn a blind eye to this!!!”

“… I’m embarrassed because it’s the first time I’ve heard this story.”

Deputy Secretary Summers unconditionally stuck his duck feet out. It was embarrassing for him.

Secretary Robert Rubin also did not unilaterally provoke Deputy Secretary Summers.

“Let’s say that’s true for Thailand. But Korea is an ally of ours. It’s also a friend that we can never lose, who holds back the Pacific. Please don’t shake that relationship. That’s absolutely unacceptable.”

“… Okay, I understand. But, regarding Director Choi Min-hyeok… … .”

“Please don’t touch Director Choi Min-hyeok’s work until the end of this re-election. I will talk to Rep. John Smith separately. More importantly, please refrain from any actions that may provoke Korea. Do you know what I mean?”

To be exact, I wasn’t worried about the Korean government, but rather Director Choi Min-hyeok.

When a crisis hits your country, if you are a citizen of your country, you will help.

Director Choi Min-hyeok was also judged to be this kind of universal person.

Of course it was a misunderstanding.

“…yes.”

Deputy Secretary Summers sighed inwardly at Secretary Robert Rubin’s rambling remarks. But he also had to admit what needed to be admitted.

‘Well, the problem is the huge amount of money that Director Choi Min-hyeok has.’

In fact, no one knew where Director Choi Min-hyeok’s huge funds went.

At this point, touching Director Choi Min-hyeok would have shaken up the entire plan.

‘I don’t know if Congressman John Smith will listen to me. But I need to check on Chief Choi Min-hyeok’s movements. I can’t just leave him like this.’

* * *

Deputy Secretary Summers met with Rep. John Smith and relayed Secretary Robert Rubin’s comments.

Congressman John Smith frowned, but did not bother to reprimand Deputy Secretary Summers.

He, too, was not unaware of the trend toward Clinton’s re-election.

The Clinton administration absolutely had to win this reelection.

Compared to this work, Director Choi Min-hyeok’s Plims project was not that important.

If we just consider priorities.

Congressman John Smith admitted things were a mess.

However, he had no intention of giving up on this matter.

If you can’t take direct action against Director Choi Min-hyeok, you should take the next best option.

One of them is to further increase the trade deficit with the United States through regulations.

In any case, Korea’s deficit with the US was expected to exceed 11 billion dollars.

It wasn’t that difficult, just adding some numbers here and there.

All they have to do is quietly pass a bill to regulate Korean companies.

Of course, the Korean government will object, but they can use the excuse of the US twin deficits.

Fortunately, there weren’t many people who strongly opposed this direction.

Even the Clinton administration, distracted by its re-election campaign, did not object.

Even Director Choi Min-hyeok would not have been able to obtain this information under normal circumstances.

No, even if he said he didn’t know, he would have ignored it.

But I didn’t ignore it because it was Congressman John Smith’s job.

Thanks to you, I got this information.

‘That’s crazy.’

He couldn’t help but know what Congressman John Smith was worried about.

“What a persistent person you are.”

Team leader Jo Seong-don also had a worried look on his face.

“There is a lot of talk in the U.S. House of Representatives. Thanks to our congressmen, there are no major problems, but it is difficult to guarantee what will happen in the future.”

“I guess so.”

He originally intended to avoid involvement in American politics.

But when things got to this point, I felt like problems would arise if I just watched.

“…What is the expected trade deficit this year?”

Team Leader Jo Seong-don also learned quite a bit about government affairs while helping Director Choi Min-hyeok.

“There are rumors that this year’s expected trade deficit will exceed 20 billion dollars. The trade deficit between the US and Japan is approximately 26 billion dollars, and we are making profits through Southeast Asia, including Thailand.”

Director Choi Min-hyeok knew this from his memories of his past life, but he took it seriously because it was information about something he was directly involved in.

“Is it because of the semiconductor price crash?”

“That’s one thing, but there is talk that oil imports will increase by as much as 30%. Another fundamental problem is the decline in product competitiveness.”