The Highest Level Son of a Chaebol Family - Chapter 343



Only Noblemtl

343. The one who smelled money

Mr. Shim and I spent the whole afternoon going around the bank.

Every time I went to a bank, the conditions got more generous.

If you turn your back and push the conditions you received from Sumitomo Bank, it’s game over!

“I’ll leave the rest to President Shim.”

“Huh!”

President Shim couldn’t close his mouth since he was shocked by the huge amount of money I had ripped off.

President Shim rubbed his eyes and looked at the money in his account again.

“I think I’m getting presbyopia.”

I adjusted the distance from the bankbook several times by stretching out my arm and pulling it.

“How many zeros are there anyway?”

The corners of President Shim’s mouth had been lowered since he said that.

“I wonder how it got to this scale. It’s really interesting.”

It can’t be helped.

It was widely rumored that if you sold just the grounds of the Japanese Imperial Palace in Tokyo, you could buy all the real estate in California.

During that real estate boom, we were able to borrow money on collateral that was much higher than the market value of the property.

‘In these times, Japan has a structure where the more you borrow for real estate, the more you benefit.’

As a result, even President Shim, who was in charge of running a subsidiary of Taesung Group, ended up with a jaw-dropping amount of money deposited into his bank account.

“I would like Mr. Shim to remain in Japan for the time being and focus on real estate investments.”

“Your Majesty, if that happens, there will be a problem.”

problem?

“I’m pretty good at starting and running a company, but honestly, I’m not that good at real estate investing.”

President Shim opened his mouth cautiously.

“If you get scammed into buying useless real estate at a high price, or if you buy defective real estate that doesn’t show any signs of increasing in value in the future… … .”

Aha. What am I saying now?

“You don’t have to worry about that problem.”

“How can you not be worried? Can’t you see this amount?”

President Shim hit my chest with his fist.

“With this money, three generations can live comfortably… No, what about three generations? Even people in their 30s can live comfortably with it!”

Mr. Shim, you are being too harsh.

Not to that extent.

“If I were to blow this, I would… …, oh my, just thinking about it is terrifying.”

President Shim shivered.

I chuckled.

“We have an expert in this field.”

“Expert? Ah… … !”

President Shim hit his palm with his fist.

“Ms. Kkachisan Bang, who runs a tea house and a fortune telling shop!”

“Mrs. Bang is just an assistant. There is another main character.”

“It’s not a skunk, is it?”

President Shim looked displeased.

“Haven’t you seen that guy Nakamura Real Estate’s accounting management ledger? And what about the messy real estate contract?”

That’s right.

It was a justified anger.

President Shim spoke bluntly.

“I am against it.”

“You got it wrong.”

“Then, surely… … . To the vice president who was in charge of Nakamura Real Estate in the past… … .”

My father is the vice president of Taesung Group!

We can’t waste our precious manpower on something as trivial as this.

I smiled brightly.

“My maternal grandfather.”

“yes?”

“The person who founded Nakamura Real Estate.”

“omg!”

As for my maternal grandfather, he was the kind of person who would shout, ‘I only know land!’

“I heard that you personally selected and purchased all the properties currently managed by Nakamura Real Estate.”

“I think that explanation is sufficient.”

“Of course. Woohoohoo!”

President Shim nodded heavily.

“I will only believe in your smile, Master.”

President Shim put his hands on his hips and smiled brightly.

“Woohoohoo!”

This can’t be happening.

President Shim has the same smile as me!

“I’ve seen it countless times that whenever the Master smiles like this, the other person becomes X!”

“… … .”

President Shim rubbed his palms and laughed again, “Woohoohoo!”

“I’m already looking forward to this. If the chairman of Nakamura Real Estate joins in… … how much more will the Japanese real estate market turn upside down?”

Maybe so.

It is incomparable to real estate speculation in Gangnam.

Real estate prices will skyrocket in a very short period of time.

“The Japanese Socialist Party is also trying to manipulate public opinion by raising this issue, and the Liberal Democratic Party is in a corner, so it will be difficult for it to push for legislation to block this right away.”

“If real estate prices soar, the money that would otherwise be flowing into the stock market will also flow into the real estate market.”

“If that happens, the Japanese financial sector will also be turned upside down.”

“The private loan market will probably be swept away as well.”

Japanese banks are facing negative yields on their bonds and deposits due to financial regulations.

“If banks are going to lend more money than the market value of the property, where are they going to get all that money?”

“no way……!”

President Shim couldn’t help but be astonished.

I shrugged.

“I happen to have quite a bit of Japanese debt that I inherited from my maternal grandfather.”

“Huh, now that I look at it… … !”

Even though I didn’t add any more words.

It seems like President Shim has already realized what I’m trying to say.

“If that happens, the LDP will not be able to play the card of freezing foreign private loans even if it wants to.”

Of course.

“The institutional Japanese banks that are bitten by money will have to mobilize both hands and feet to stop it.”

President Shim let out a soft exclamation of admiration.

“As expected of our master! Who would have thought that he would tie up the big shots of the yakuza, politics, banking, and loan sharks all like this?”

“Why do you only exclude Japanese companies?”

“Huh? Even Japanese companies?”

“You said you would acquire a valuable Japanese company.”

“oh my god!”

President Shim stuck out his tongue.

“Could it be that you had already seen this far back then?”

I winked one eye.

“Isn’t it at this level that it can be called a marijuana bluff?”

* * *

“what?”

The leader of the Liberal Democratic Party found it difficult to believe this situation.

“Are you saying all the banks rejected the offer?”

“Yes, sir.”

The leader of the Liberal Democratic Party burst into laughter at the aide’s report.

“Even if you take it out?”

“Rather, the party leader went so far as to ask if there was a lack of understanding of Japan’s financial regulations.”

“Why is Japanese financial regulation coming up here?”

“Their banks have negative yields on bonds and deposits due to financial regulations, so they cannot afford to buy corporate bonds.”

“her?”

“He told me not to bother him over such trivial matters, since he was already running out of money to make a very important investment.”

“her!”

The LDP leader’s smile was cold.

“These guys who were displeased with Jeong Dong-jin’s private loan and sent spies to Korea to stir up trouble even in the Japan Business Federation, are you going to sneak them out now?”

“He said it didn’t seem like the money would be worth the effort.”

“Nonsense! Every time we fail to eradicate the private loan market, the people don’t deposit money in banks! Those bastards who come to us with bribes and ask us to wipe out the private loan market somehow!”

bang!

The leader of the Liberal Democratic Party could no longer stand it and slammed both fists on the desk in his office.

The sound of his breathing didn’t seem to subside at all.

“Why are you suddenly changing your words as if you were turning over the palm of your hand?”

“I think it’s because of real estate.”

real estate?

When wasn’t that the case?

“It’s a well-known fact that banks are blindly rushing into real estate!”

The yields on real estate mortgage loans are much more lucrative than those on other investments.

No wonder people say, “The only place where Japanese banks get positive real returns is real estate!”

“It’s strange. No matter what, my eyes have never been this wide open.”

“A large amount of prime land in Tokyo has been put up for sale as collateral.”

A piece of prime land?

“I’m talking about the famous spots called golden districts, including Chiyoda-ku, Chuo-ku, Minato-ku, Shinjuku, Ikebukuro, Shibuya, Ginza, Harajuku, Asakusa, and Roppongi.”

“Be more specific. How much has the real estate price risen that you’re making such a fuss about it?”

“Rumor has it that it is about 50,000 pyeong and has about 1,000 buildings.”

“what?”

The Liberal Democratic Party leader opened his mouth wide.

‘What kind of crazy guy is that… …!’

If you sleep for one night, the price of land will go up.

Only a landowner who isn’t crazy would say he’d sell the land.

“Should I take this opportunity to buy a building and some land in Tokyo?”

“It seems that other lawmakers are also jumping into the real estate transaction competition with fire in their eyes.”

“Anyway, those guys who are in politics. They really have an incredible sense of smell when it comes to money.”

“That’s understandable. If it’s a piece of land in the heart of Tokyo, isn’t it a place where even if you bring a lot of money, the landowner will shake his head and refuse to sell?”

That’s right.

‘If this is the case, it is understandable that the bank would refuse to accept the private bonds.’

The Liberal Democratic Party leader laughed bitterly.

“Then why did you call the loan sharks?”

“Unfortunately, they also declined.”

“How dare you?”

The Liberal Democratic Party leader’s eyes immediately became sharp.

“You parasitic little bastards! If you tell me to do something, I’ll do it, and if you tell me to criticize, I’ll criticize!”

“It’s because I don’t have money.”

What kind of nonsense is this?

“Since the founding of the country, there has never been a time when we heard that private moneylenders had no money!”

“They say the banks borrowed money from private lenders.”

“… … .”

“As you can see, because of the prime real estate properties that have come up in Tokyo, the money supply is drying up.”

“… … .”

The Liberal Democratic Party leader roughly wiped his face.

“There’s no one who moves the way I want!”

I’m so excited.

‘Is this something that is logically possible?’

It was something that made no sense to the leader of the Liberal Democratic Party, who had been in power for a long time.

‘Even a rigged poker game can’t have this much of a winning combination.’

All groups with conflicting interests are moving in direct opposition to his will.

Even though I was thoroughly pursuing my own interests, when I came to my senses, I saw that things were turning like meshing gears.

‘Could it be that the loan sharks are also joining hands with the Jeong family like the yakuza?’

If that’s the case, I can’t just sit back and watch!

Those fucking loan sharks!

The moment we declare war on the Left, you guys will become X too!

“Call the IRS.”

The leader of the Liberal Democratic Party was a man of power.

“You piece of trash who don’t even pay taxes and just play for money with usury, where did you get the nerve to spit on me?”

As the illegal underground financial world grows, only the good citizens protected by the system are harmed!

“Does it seem like public power is really funny because you are clinging on like a parasite and enjoying public goods to your heart’s content?”

Let’s see where we put it!

* * *

The office of the chairman of Berkshire Hathaway, a global investment company located in Omaha, Nebraska, USA.

Berkshire Hathaway, which converted to a holding company structure several years ago, has been in the spotlight as an emerging investment firm by reinvesting in the securities of promising companies, especially insurance and reinsurance companies.

“Tokyo real estate prices are skyrocketing like crazy?”

The middle-aged man showed great interest when he heard about the recent developments in Japan.

His name is Warren Buffer.

Warren Buffer’s eyes sparkled.

“That’s interesting. Tom, tell me more about it.”

The secretary immediately gave a detailed report.

As reports become longer and longer, and the attached materials become more detailed and numerous.

Warren Buffer’s eyes began to sparkle more and more than just twinkle.

When the secretary finished his report, Warren Buffer sniffed in rapture.

“It smells like money!”

Warren Buffer jumped to his feet.

“Tom, let’s go to Japan right now!”

“Yes. To Japan now… … Yes? So suddenly?”

“I’ll probably get a plane ticket somehow. If possible, I’ll buy it on the black market.”

“Mr. Chairman!”

The secretary stuttered in embarrassment.

“What about the dinner with the governor this evening?”

“I guess I’ll have to cancel.”

“What about the meeting with Intel this afternoon?”

“Don’t put it off.”

“Then what about your lunch appointment with the Exxon Vice Chairman?”

“Should I ask for your understanding?”

Warren Buffer strode away without looking back, putting on his suit jacket that was hanging on a hanger.

The secretary’s voice became louder as he said this.

“It was a hard-earned promise! If you cancel it so unilaterally… …!”

“Hey, Tom. You’re the one who needs my money right now. If you don’t want it, just tell me not to.”

Warren Buffer seemed to have no regrets at all.

“Tom, let’s stop at McDonald’s on the way to the airport.”

“Why McDonald’s in the meantime?”

“I need to get a lunch discount.”

“Why would you turn down a lunch appointment at a Michelin two-star restaurant and eat a McLunch instead?”

“I have to eat a cheeseburger.”

“If that’s the case, you should just eat the in-flight meal! In first class… … !”

“Are we going to fly economy class?”

“Mr. Chairman!”

“Hahaha, just kidding.”

Warren Buffer threw his car keys and caught them.

“But since they are the chairman and secretary of a global investment company, they should at least do some business.”

“Oh, business again! When will we be flying first class?”

“What if our company becomes the world’s best investment firm?”

“Hey, then I guess I’ll never be able to ride one again!”

Tom dragged his travel trunk, which he kept in a corner of his secretary’s office, around.

“It’s not like real estate prices in Japan have been skyrocketing for a day or two, so why are you suddenly going to Japan? You’ve never even asked for investment in Japan.”

“Originally, we would do things that make money quietly among ourselves.”

Warren Buffer opened the safe and took out a lot of dollars and Japanese currency.

“I have to go and see it with my own eyes.”

Warren Buffer whetted his appetite.

“For dinner tonight, let’s have a Japanese McDonald’s cheeseburger set. Is that okay?”

“I’m not okay at all?”

The secretary took her passport and diary with a grin.

“I’m a Big Mac fan! We’ve been working together for about twenty years, so I think it’s about time you remembered me!”