any day
“Something is unusual. I think it was Kang Yu-jin’s work.”
“I know. That child is also close to Dasan, and he must have used his hands on media focus.”
“It’s a big deal. Politicians are talking about the need for an investigation into the group’s affiliates.”
“under! From politics? What are you doing? How much have you received from us so far?”
At the words of the chief of staff, Ryu Geun-il wrinkled his face and was indignant.
“It seems that there is nothing that can be done because the public opinion is not pretty. Now, the government is also entering the second half of the year, so it’s just that they don’t want to get involved with the group for nothing.”
“Damn it! So, is there no way?”
“First of all, I try to use my hands as much as possible. At least, we will try to stop the prosecution investigation.”
“ha… … okay. How is your brother? Can you get up now?”
“Yes. You said you went to work today.”
“okay. okay.”
The news of the acquisition of Freescale by competitor Dasan Motors and the continuous exposure of all affiliates of the Daeyang Group suffered a severe blow.
Not to mention Daeyang Electronics and Daeyang Motors, the stock prices of all affiliates are also falling.
At one time, the total share price of group companies exceeded 100 trillion won, but now it is less than 1/3 of that level.
“Things are getting interesting. huh.”
However, not everyone involved in the Ocean Group is concerned about this crisis.
“That’s it. Geun-ho and Geun-il brothers seem to be making a fuss right now as if their ass is on fire. Oh, it’s hard to keep up with the two of them by himself.”
“That’s how you should get to know the owner.”
“Oh, the chief is my master.”
“haha. is that so? Isn’t it fun? How soon will the chief Oh become uncle’s servant?”
At Ryu Seong-gyu’s laughter, Secretary Ryu pays attention.
“There is no need to say anything useless. What do you think. your father?”
“I think it would have been better. If I had been here in this uproar, we would have covered the shit together.”
“It is. But that doesn’t mean we can’t postpone the responsibility of Daeyang Heavy Industries & Construction’s insolvency to someone else, right?”
“Why not? A lot of people procrastinate.”
Ryu Seong-gyu said as if it was natural.
“I am. Humans like you leave everything to others.”
“What. Your uncle should learn slowly. If you want to be on top, you have to learn how to pass responsibility.”
“okay. I’m watching and learning hard next to you.”
“Tomorrow will be an in-depth article on United Excellence.”
Reporter Kim Sang-gi of Media Focus informed Eugene.
“Thanks to the materials you sent me, I can publish a very good article.”
John Brennan’s private intelligence service provided more detailed information than Eugene requested about United Excellence’s governance structure and relationship with the Daeyang Group.
There was no need for additional coverage in Media Focus, as it contained information that could never be found by a single detective agency.
Of course, it is difficult to confirm the fact as it is information obtained through an abnormal route, but in Korea, it is not the jurisdiction because it happened in another country across the sea.
“Good. I hope to see a good article tomorrow as well.”
“An immoral company like the Daeyang Group should take this opportunity to sting.”
“Yes. Now is the time for large corporations to take responsibility for their wrong practices.”
Eugene gave a polite greeting.
“It has enabled me to do something very rewarding.”
Media Focus has long been famous for reporting on the immorality of large corporations.
But writing that kind of article is not difficult at all. It is difficult to obtain information and to find evidence.
Moreover, even if some media found the illegal activities of large corporations hard at best and published them as articles, society did not take their side.
Immediately, other media outlets took the side of large companies.
Prosecutors do not always conduct investigations, and if it is unavoidable, they go to trial with loopholes.
Even if the evidence is clear, the court closes the case with a fine of several hundred million won and probation as a flimsy punishment.
Except for cases outside the eyes of the regime, so far, there have been very few cases where the wrongdoings of large corporations have been properly judged.
But this time, things are very different. Above all, the social atmosphere was different.
The allegation that a large corporation, one of the main culprits of the IMF, has used a huge amount of money for the personal wealth of the stockholders, aroused public outrage.
The media had no choice but to turn their backs on the scale of allegations of fraudulent wealth accumulation revealed so far.
And in the place of the protagonist in such a situation was Media Focus.
Since the time of the Freescale acquisition, suspicions about the owner of the Daeyang Group have been revived, and this time, new suspicions about Daeyang Motors have been reported with very faithful information.
In return for the Daeyang Group’s falling to hell, Media Focus was gaining great public support.
Perhaps because of this, everyone who participated in this planning article seems to be very motivated.
– ah! it’s ruined Even if Daeyang Heavy Industries is like that, why are you doing this to Daeyang Electronics? I bought it last year and it’s half gone.
– So who bought Daeyang Group stock? You are an idiot who went in knowing that Kang Yujin was grinding her teeth.
– I know. After seeing what happened last year between Kang Yujin and the Daeyang Group, I feel at ease.
– I thought Kang Yu-jin was going to take over Daeyang Group, so I bought a bunch of them, so why are you still standing still?
– That’s right! Wouldn’t it be better if the damn Ryu family was kicked out and Kang Yu-jin ate it up?
– Crisis is opportunity. Now is the time to buy the Daeyang Group at a low price. Buy it when it’s cheap now, and after Kang Yujin takes over, isn’t it honey?
– So when will you take over?
In the world, rumors that Kang Yu-jin would take over the Daeyang Group were spreading as if it were a known fact.
Even the shareholders of existing Daeyang Group affiliates seemed to wish for Kang Yu-jin to take over the Daeyang Group sooner rather than later.
“Rep. Kim. You said that you went to New York this time and finished talking well?”
“Yes. He was a person who could talk more than I thought.”
Kim Choong-shik, a member of the ruling party, a member of the National Assembly, answered the question with a smile when asked by Congressman Hong, who had a similar weight to him.
“Can someone who speaks be able to do this again? no. How long has it been since Rep. Kim went to New York and notified him?”
“Are you doing anything?”
“Isn’t it? What kind of semiconductor company Dasan Electronics is taking over this time, you see that the friend said that he was going to wait for the funds? And isn’t it his fault that Daeyang Motors took over a promising American venture company?”
As if he had come with great intentions, Congressman Hong fired at each other.
“It is good that Dasan Electronics is helping to acquire a US semiconductor company at a low price. It’s a national congratulations to Daeyang Electronics, who bought it for 30 trillion won for only 10 trillion won, isn’t it? And the acquisition of a venture company by Daeyang Motors was reported by a domestic media company. What the hell is President Kang talking about?”
“no. Is it because you don’t know? After all, the timing is complicated, isn’t it?”
“It’s crafty… … . Coincidentally, it is the Daeyang Group side. Aren’t they going to buy a 10 trillion won company for 30 trillion won, or spend hundreds of billions of won to acquire a shell company that doesn’t know how much it is worth?”
Eui-won Hong blushes at the reaction of Choong-sik Kim, which is different from what he thought.
“no! Look at this, Senator Kim! What evidence do you have? Can you sell a company that does a good job like that without proof?”
“I know that Rep. Hong received a lot of favor from Chairman Ryu. Still, I did what I had to do.”
Kim said with a strange smile.
“You mean I’m on the side of Daeyang Group now?”
“Don’t get on a sinking ship just because you keep your loyalty and sink together.”
“what?”
Hong is furious.
“I don’t think Chairman Ryu will be able to get up any more, and he seems to have stolen all the slush funds he had hidden abroad this time.”
Everyone who knew it already knew. If you are a middle-level member of the National Assembly of a country, you will have a lot of information that the general public does not have access to.
“Not long left. there too. So, take it easy now.”
That is why Rep. Kim went to the United States and returned after a friendly meeting with Eugene.
Some politicians have already noticed that the balance of power between the Daeyang Group and Eugene has completely collapsed.
Those politicians are the ones who are more aware of the rise and fall of power than anyone else in the world.
The fact that Rep. Kim, who had the least ties to the Daeyang Group, was sent as a special envoy, and that Rep. Kim only said good things to Eugene, it was an embroidery that everyone looked forward to.
“No, this gentleman? Are you giving me advice now?”
“Senior Hong.”
Rep. Kim quietly called out to Hong, and looked at him tiredly.
They are seniors in politics, they are two jockeys in the bar exam, and they are only two years senior in school, so I am not shy to call them seniors in private.
It’s a fairly public position now, but by calling me by one name, I can speak more honestly.
“Humm! Hum! What is it?”
“Are you going to do politics all the way here?”
“What do you mean?”
“You have to think about the next order. The next election is two years away.”
The election that Rep. Kim said is not an election for the National Assembly. The battle for the ultimate place that all politicians are drawing is now two years away.
“Are you confident that you will lose to Chairman Kang and become a candidate in the next election?”
“what? That person has some great connections here in Korea. I am.”
“Chairman Kang will not be able to nominate anyone as a presidential candidate. It’s not like I’ve had good relationships with politicians in Korea so far. one… … Wouldn’t that be enough to keep you out of the nomination?”
Rep. Kim was single and asked Rep. Hong.
“no. that… … .”
Hong is startled. Just because he’s a fool doesn’t mean he didn’t take into account Kim’s point.
He just closed his eyes for a moment at the pleas of the people of the Daeyang Group who cling to him right now.
In fact, Rep. Hong was in a situation comparable to that of Daeyang Heavy Industries.
Daeyang Heavy Industries has entered Rep. Hong’s constituency and has received considerable support for his legislative activities.
It was he who felt cramped when the donations that Daeyang Heavy Industries’ executives and employees were paying were cut off.
Moreover, Chairman Ryu was promised full support for the next presidential election. However, due to the crisis facing Daeyang Group, such support is now in danger of being wiped out.
For Assemblyman Hong, Eugene, who caused all these things, was like a thorn in his eyes, so he was in a situation where he met each other and begged to beg in order to somehow solve this situation.
“ha… … driving me crazy. Congressman Kim. How can you not change your mind? To be honest, don’t you know that I’m not in a relationship with Chairman Ryu?”
“Chairman Ryu is now a thing of the past. Seniors, I’m not saying this for one senior. Wouldn’t it be right for the region and for the country as long as senior Hong remains the hope of Geoje forever?”
Rep. Kim tried to create an excuse for Rep. Hong.
“Still, that’s not what people do.”
“It is already late. The Financial Supervisory Service will audit Daeyang Securities.”
“what?”
“You know that Daeyang Securities’ insolvency has reached its limit due to the short selling this time. Daeyang Securities will close.”
“no. Who made that decision?”
Rep. Hong asked with anger.
“You don’t even know? Who is the final decision maker?”
Rep. Kim said while pointing her finger upwards.
“this… … .”
Hong sighed. If even the Blue House abandoned the ocean, there is really no hope anymore.