The Magician’s Memorial - Chapter 271



Only Noblemtl

271. I’m still hungry (1)

Captain Kang’s office.

After finishing the meeting with the Vice Minister of Finance and the Chairman of Korea Development Bank at a Korean restaurant, I went to the office with Captain Kang.

“Are you saying that you sold an insurance policy worth over 100 trillion won for only 25 trillion won?”

“This is an insurance policy that can be worth not 100 trillion won, but 200 trillion won, if you get the insurance money right.”

“I don’t understand it based on my common sense. Did the government put too much pressure on me? No matter how much pressure the government put on me, it doesn’t seem like they would just give 75 trillion won. I will use the media to start an operation.”

Captain Kang said excitedly.

In fact, if you look at the face value alone, it was a transaction with a difference of as much as 75 trillion won.

However, the insurance contract signed with Lehman Brothers was only about to become a piece of tissue paper, and in exchange for 25 trillion won, it was like handing over a piece of tissue paper.

“I have run a profitable business, so don’t escalate the business. Of course, if Korea Development Bank acquires Lehman Brothers and normalizes it, the value of the insurance policy will increase several times, but it doesn’t matter.”

“Why don’t you care?”

“I didn’t give them all the insurance policies. If Lehman Brothers normalizes, the value of the insurance policies I hold will also increase, so I benefit regardless of the outcome.”

“Is that how it works? I’m really glad that the CEO said it would be beneficial.”

Captain Kang was truly the best at loyalty.

So I was able to entrust my safety to him, and I also entrusted many of my businesses to him.

“But it’s a little quiet. The office used to be crowded, but now Captain Kang and I are the only ones using it.”

“Didn’t you say that Team Leader Han would be returning to Korea soon?”

“I still have a lot of work left to do in America, so I can’t come back right away. It will take at least a few months. How easy would it be to go around and collect money?”

A team leader was doing very important work.

Among the companies that signed an insurance contract with SAVE Investment Company, the company was in the process of collecting at least a portion of the insurance money from a company that could receive the insurance money.

Even if it is only a portion of the insurance money, it is an astronomical amount.

So, I had no choice but to entrust this task to Team Leader Han, and Dimon was also helping Team Leader Han.

“Are you going around with Dimon to collect money? Then you don’t have to worry. He was also in the private loan market in Myeongdong, wasn’t he?”

“Team Leader Han’s experience is quite impressive. He is a man who has also received money from a Japanese Yakuza company.”

The number of companies to be acquired varies depending on how much money a team leader receives.

The acquisition of one American automobile company is confirmed, but the acquisition of another company depends on the ability of a team leader.

“And sooner or later, there will be a strong economic crisis. Prepare in advance. You will have to suffer for two to three years.”

“If we have to reduce staff even now, we will do so boldly.”

“There is no need to do that. Just maintain the current size. If you run into a deficit, I will support you from behind, so don’t worry too much.”

“These days, I feel deeply how grateful I am to have Beeville Hill.”

The purpose of the company run by Captain Kang was not profit.

Since the purpose was to secure a large amount of data, I had no intention of throwing it away just because I couldn’t make money.

“It’s very late. I should go home now.”

“I will personally take you home. It’s been a while since I’ve seen you, so it’s too bad to let you go like this.”

We went to the mansion in the car driven by Captain Kang.

When I entered the mansion, the chief secretary was waiting for me in the living room.

“What are you doing up to this hour, Manager?”

“It’s late because I had a quick chat with the chairman.”

“Is grandpa in the room?”

“The Chairman has gone to bed. It is late now, so it would be a good idea to say hello tomorrow morning.”

Are you very tired?

Although my grandfather went to bed earlier than usual, I didn’t think it was too strange.

But the next morning, it felt a little strange.

“Driver, has your grandfather already gone to work?”

“You went to work two hours ago.”

I went to my grandfather’s room to say good morning, but he was nowhere to be seen.

Although my grandfather was a typical morning person, he went to work much earlier than usual.

Did something happen?

Feeling a little worried, I went to work earlier than usual.

I went to the president’s office to see my grandfather, but the chief secretary stopped me.

“We are having an important conversation right now, so you are not allowed in.”

“Are you saying I can’t come in too?”

“sorry.”

He was the chief secretary who spoke in an unusually harsh manner.

What on earth happened?

I entered the vice president’s office without being able to hide my curiosity, and soon after, the head of the planning office urgently came in looking for me.

“Vice Chairman! The Chairman has called an emergency presidents’ meeting. He said he will hold a presidents’ meeting in the conference room at the headquarters in one hour.”

“Is there any agenda urgent enough to suddenly hold an emergency president’s meeting?”

“As far as I know, there is no such agenda. Although the AIZ acquisition is a big event, it is also an agenda that does not require convening a CEO meeting.”

I had no idea what my grandfather was thinking.

If something happened at the company, he would definitely have discussed it with me.

Did the problem arise somewhere other than the company?

Is there any pressure from the government? Or a major accident?

The more I thought about it, the more complicated my mind became.

I found the conference room earlier than the president’s meeting time and took a seat.

The seat next to me was occupied by the head of the planning department, and he, like me, was tying his head.

Meanwhile, the presidents of affiliates began to gather one by one.

[Vice President! Congratulations! I never imagined that you would catch a dinosaur called AIZ.]

[Now that the Vice Chairman has returned to the company, it seems like Taewoo Group is finally coming to life.]

[Your face is very damaged. There is an oriental medicine clinic that I know well, and I will give you some medicine.]

It was definitely a different atmosphere than before.

The presidents of all affiliates smiled and greeted me.

This atmosphere may have been created because all the people who opposed me took off their clothes and walked out, but it wasn’t a bad thing because I felt like I was being recognized by the CEOs of affiliates.

By the time everyone had greeted me like that.

Finally, the chief secretary and the grandfather appeared inside the conference room.

The grandfather naturally sat at the head of the table, and the chief secretary announced the start of the meeting.

“I would like to sincerely thank everyone for responding to the sudden call for a presidents’ meeting. Today’s presidents’ meeting is to discuss the retirement of Taejoong Kim, Chairman of Taewo Group, and the inauguration of a new chairman.”

“What do you mean? Grandpa is retiring!”

I never used the word ‘grandfather’ in public.

I always called my grandfather “Chairman,” but without realizing it, the word “grandfather” came out of my mouth.

The Chief Secretary’s words were shocking and completely unexpected.

“How long do I have to remain in the position of president? Aren’t my peers already retiring and living comfortably? I also want to take a break now.”

“Absolutely not. The chairman still needs to keep Taewoo Group focused. Especially since a new large affiliate called AIZ has been created, you need to keep the center even more focused.”

“Did I tell you to take over AIZ? Didn’t you make your own decision and take over AIZ without consulting me?”

Are you still angry?

In the Joseon Dynasty, the king used to offer retirement as a means of intimidation.

If my grandfather wanted to use retirement as a pretext for pushing my shoulders, I was ready to offer up his shoulders as much as possible.

“I’m sorry. I will never do that again.”

“Uh huh! Is it okay if the person who will become the future chairman bows his head carelessly? Chief Secretary, please continue the meeting.”

“Chairman Kim Tae-jung hopes for Vice Chairman Kim Min-jae to be inaugurated as the next president. If anyone is opposed, please speak up.”

“I am against it! I am not ready yet.”

I jumped up from my seat and raised my voice.

My grandfather and the chief secretary didn’t even look at me.

And no one except me spoke, so there was silence in the conference room.

“If no one objects, we will decide to promote Vice Chairman Kim Min-jae to Chairman at this board meeting.”

“Vice President Kim Min-jae! Don’t even dream of playing around with the shares you own! If you do that, I’ll never see your face again.”

The grandfather’s sincerity was conveyed.

It was clear that he wasn’t angry with me and that he truly wanted to retire.

Have I been pampering you too much?

I went on a business trip to the US for too long.

The time of hiding behind my grandfather and sucking honey is over.

“I will leave it entirely up to the board’s choice.”

“Of course, I am not completely leaving the company. I will remain as honorary chairman and take full charge of business in Southeast Asia, including Vietnam.”

“Are you saying you’re going to Vietnam again? Now, please also think about your age.”

“You’re treating me like an old person just because I retired. I can still do that much, so don’t try to stop me. I’m going to Vietnam as soon as this board meeting is over, so I know that. Then, let’s end the CEO’s meeting.”

Grandfather got up and left.

He took steps that seemed determined not to listen to any more objections and then disappeared.

The moment my grandfather disappeared, the CEOs of affiliate companies flocked to me.

[Congratulations. Chairman Kim Min-jae!]

[Congratulations on your inauguration as Chairman of Taewoo Group!]

“The board of directors’ resolution has not yet been completed. It is too early to be called chairman.”

I said this, but

There was absolutely no opposition at the board meeting.

There was a high possibility that there would be unanimous approval, and it was only a matter of time before I became chairman of the Taewo Group.

“I will receive your congratulations after the board of directors has passed the resolution. Director of Planning, please look at me for a moment.”

I left the presidents’ meeting with only the planning director.

As soon as I arrived at the vice president’s office, I let out a long sigh.

“Whew, did the planning director know?”

“I didn’t expect this at all. It seems like it was carried out by the chairman and the chief secretary.”

“When will the Chairman convene a board meeting?”

“We may convene tomorrow. I think you should prepare your mind now.”

Now I understand why my grandfather has not wanted to see my face since yesterday.

I thought he probably wouldn’t want to see me until the board resolution was over.

Since it was already a given that I would become chairman, I had no choice but to worry about what would happen after becoming chairman.

“If you become chairman at such a young age, there will be a lot of negative views.”

“We will move the media to refrain from publishing bad articles as much as possible.”

“And it would be best not to come to work until the board meeting day. Please put me on leave.”

Even if you go to work, your head will be in over your head.

However, I felt like going to the mansion would only lead to an awkward atmosphere, so I found a nearby hotel and unpacked my bags.

“Let’s get to work.”

Work was the best when my head was complicated.

There was a lot of work to be done to stabilize AIZ.

In particular, it was necessary to check the detailed information of all AIZ employees and distinguish between those who would remain and those who would be cut.