A Chairman Who Has No Regrets - Chapter 192



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The Chairman Who Has No Regrets Episode 192 – America is Falling (6)

dripping.

William opened the door almost as soon as he knocked, and his boss spoke without even looking at him.

“You even brought the seal and came up here in 30 seconds?”

“Unfortunately, our idiot came after visiting that shitty Goldman Sachs.”

Only then does William’s boss look up from his documents and furrow his eyebrows.

“I think I’ve heard a similar name.”

“That’s correct, boss.”

William places another document on top of the one his boss is looking at.

“These are the conditions they proposed?”

“yes.”

Sharak, Sharak.

William’s boss, who is looking over the documents, scoffs.

“You really want to use leverage on these kinds of derivatives?”

“He was a crazy, confident guy.”

The boss glanced at William and nodded. The reason William could act so cocky in front of him was because he had never failed before.

On Wall Street, failure meant hell. One failure could easily turn you into a homeless person, so those who didn’t fail were treated accordingly.

“So? Why did you come to me?”

“We’ll lower it by two from the 0.03 that those fucking bastards are suggesting.”

“That’s almost like not accepting it. But it’s still a profit of 5 million dollars, so it won’t be small.”

The boss who snorts.

“You don’t think this kind of product will make any money, do you? Seriously.”

William raised the corners of his lips with a smirk.

“So, wouldn’t it be possible to set such conditions?”

“Okay, then what about the opposite?”

“Would those who are consumed by greed think of opposing? The only thing that matters is that the fee is 0.01.”

The boss shook his head repeatedly.

It was because I understood what William said correctly.

“Tsk tsk, the fools got bitten.”

William held up two fingers.

“If you drop two points, shouldn’t you get double the profit?”

The boss nodded and held up three fingers.

“No fees, and triple the profit?”

“Whew,” said William, whistling as he brought back the documents Goldman Sachs had presented from his boss’s desk.

“This is definitely a matter that has been approved?”

The boss chuckled.

Because I wasn’t confident that I could just sit by and watch someone worse than Sagal slyly shift the blame.

“Shouldn’t the manager take responsibility? Wasn’t that our rule?”

“But the compensation will be certain, right?”

“I wouldn’t say that’s three times that.”

“No way – I’m not that unscrupulous.”

“That’s what I wanted to say. I never thought you’d hear words like conscience coming out of your mouth, did I?”

“Half-and-half, deal?”

The boss nodded.

It was going to be a $5 million dollar haul, or more.

“Do you have that much wealth? You’re from Korea or something?”

“How dare you taunt us?”

William raised the corners of his mouth, and his boss also showed unusually yellow teeth.

“They’re going to pull out even the marrow.”

“Yes, my boss.”

William came out of his boss’s office and raised his right hand upward as if doing an uppercut.

“yes!”

His pupils were looking upward and to the left, suggesting that he was imagining something pleasant.

“Ugh.”

It feels like taking a walk through a pleasant flower garden.

A small laugh was constantly coming out of his mouth.

**

Before I could finish chewing the pretzel, or rather, before I got tired of the pretzel because it had cooled down and become tough and hard to chew properly.

Crunch.

“It’s not too late, is it?”

When I saw the face of the guy named William who returned with a sly smile, I felt confident.

“What are the conditions?”

I’d rather get things done quickly and have another hotdog than face that squealing guy.

“Before the documents are created, I will give you a verbal explanation.”

I nodded and picked up the coffee cup. It smelled good, as if they used good beans.

It would be more appropriate to view it as the typical bluff of white people who value appearances.

William continued, making a V sign with two fingers.

“First of all, unlike those fools at Goldman Sachs, we offer a fee of 0.01 point, which is 0.02 point lower.”

“There must be a trade-off.”

“That’s right, sir, exactly twice the number of your fingers.”

Those guys are like robbers.

“High risk, high return, isn’t it?”

A sound that makes you laugh out loud.

“If that’s all, it’s disappointing.”

William raised the corners of his mouth as if to say, “How could that be true?”

“So I strongly insist on zero percent commission, and the opposition triples it.”

It would be easier to understand that he had no intention of ending with the original 5 million dollars. Rather, it seemed like he was trying to make us go into debt. It seemed like he wanted to swallow up the entire 5 million dollars.

“You definitely understand leverage, right?”

“Are you sure you’re suggesting up to 10 times?”

He nodded.

“We can accept even better conditions if you wish.”

The leverage that can send your life to hell in an instant is 10x. In the future, there will be even 100x leverage. Since the derivatives market has not yet established itself, it was a time of chaos here and there.

This also means that it is difficult to properly inform people about the risks.

“I like it.”

“Oh, that’s great. So how can I help you set up leverage?”

Tell me your demands and I’ll pull out your marrow, it seemed like he was looking at me like that, and I kept feeling like I was going to burst out laughing.

I wonder who will be the one to get the bone marrow pulled out.

Wall Street has been a place that has given me strange feelings. It has taught me, it has made me sad, it has made me angry, it has made me resentful.

In 1997, I never forgot the cruelty of these guys.

I believe that these guys made the right choice.

Breathing next to each other is a different story, so maybe that was the moment when my family and I really became estranged.

“100 times. Will that work?”

William’s eyes widened at my words.

Didn’t you expect it to be 100 times?

“If it’s 100 times, it’s 500 million dollars.”

“Are you not sure? JP Morgan?”

He wiggled his eyebrows.

But I didn’t say anything carelessly.

It would be more accurate to say that I simply hated that look in his eyes.

“30 times, I think that’s possible.”

“Whey- I was a little surprised when you said 100 times. That’s a lot of confidence. 30 times, I can accept it.”

“Okay, let’s go ahead.”

He nodded and picked up the landline, telling us what we had discussed verbally. Perhaps someone would come up with some paperwork.

“How long will it take to open a product?”

“One week, just one week.”

I glanced back.

“Please speak, sir.”

“What day is it today?”

“It’s August 23rd.”

He nodded.

“How to establish a corporation?”

“I’ll try to pull it as hard as I can.”

I raised my hand as if to say, “It’s okay,” and said to William.

“We are currently preparing to incorporate in Illinois. An investment corporation.”

“Oh, is that so?”

“I think it will take about two weeks.”

“Oh, my-”

I said with a big smile.

“Time is gold.”

William chuckles along with me.

“I’ll try my hand.”

This is why I like guys like lynxes.

Because you are quick-witted.

When something bites in your own trap, in your own needle, you struggle not to let it go, and that haste always leads to failure.

“It will take time for the investment corporation to be established and for funds to flow in from Korea.”

“We will do our best to provide maximum convenience to our clients.”

I nodded and looked at Kim Kang-min.

“From now on, it will be convenient to work with Izawa.”

“Yes, sir. Thank you.”

Soon, a document regarding a product contract reflecting our conversation arrived, and Kim Kang-min, who was moving on my behalf, signed the document.

It was right to give him the authority, since he would be handling most of the work in the United States going forward.

“As soon as the corporation is established, $5 million will be deposited.”

William chuckled at my answer.

“Haha, I won’t worry.”

I’ve already signed all the documents and there’s even some kind of payment guarantee document, so what’s there to worry about?

Skipping the annoying greetings, I walked out of the office to forget that sullen bastard’s face.

“Where should I take you, sir?”

I was thinking about going to eat a hot dog after hearing Kim Kang-min’s words, but then I noticed the Ham Donald’s in front of me.

“Old man, I wonder if you’re still here.”

“yes?”

“Do you like hamburgers?”

“I will eat.”

Looking at Kim Kang-min’s eyes, it was clear that he hated hamburgers. Of course, up until this point, hamburgers were an unfamiliar food to Koreans, so perhaps that was natural.

I didn’t really like Hamdonald hamburgers either. It’s just that there was an old man who was crazy about them, so I had no choice but to hang out with him.

I wonder if we might meet.

I walked into the Hamdonald store with some anticipation.

“There isn’t any.”

“Is there anyone you are looking for?”

“No. I’ll add tomato to the cheeseburger and have a milkshake for a drink. French fries would be nice too, for the first time in a while.”

“Yes, sir.”

I sat down in a suitable seat.

Coincidentally, as soon as I sat down, people started coming from all over and the fairly large store was filled with people.

Fast food.

As befitting a dish with such a name, Kim Kang-min, who received the menu almost immediately after ordering, put the tray down in front of me and took the burger that was given to him.

“I guess you ordered the same thing?”

“Yes, sir. This is my second time having a hamburger, so I don’t know much about it.”

“You’ve been in the US for so long, and this is your second time?”

“Oh, I avoided it because it didn’t suit my taste.”

That could be the case.

“Did you like the hot dog?”

“Are you going to kill me?”

I chuckled and poured the French fries onto the plate. At that time, there was no paper on top, so there might be a sanitary issue, but it was dirtier than Korea. If Korea’s current sanitary standards are more problematic, then that’s the problem.

“How much is it all together?”

“Two heads of wheat for $1.25.”

He nodded.

It’s not that cheap.

Of course, this was when I thought about the prices in Korea. I thought that this could be the reason why Kim Kang-min avoided hamburgers.

“There may not be much to do other than setting up the corporation and taking care of a few other things.”

“Is that so?”

“Therefore, I have no intention of having separate employees in the corporation.”

“Yes, I understand, sir.”

“Once you’re done with your work, you may come to Korea. If you wish, you may continue to stay in the United States.”

He seemed to think for a moment.

The choice is his.

I have the answer I want, but it’s a question for later whether he will give me the answer.

“Take it slow.”

“Yes, sir.”

There was nothing really to talk about with him.

I’m a pretty quiet person, but since I’m at Hamdonald’s, I’m going to tip him.

“There’s an old man who comes here often.”

“Oh, do you know him?”

“I know, but he doesn’t know me.”

We’ve definitely clashed often in our lives, but now he and I have no contact.

“It seems like he’s a famous person.”

“When he sits here munching on a hamburger, lynxes coming down the street come after him.”

“Oh.”

“Because I’m a person who regrets not being able to use this store often because it’s annoying.”

“okay.”

“If you have time, stop by this store sometimes. You might run into him.”

“Yes, sir, I will do that.”

I nodded and took a bite of my cheeseburger.

The chemical and pungent taste full of bad taste makes the tongue pleasant but unpleasant.

“I am Young.”

The hamburger wasn’t that good.

“If we ever meet again.”

“Yes, sir.”

“It’s true that I lost last time.”

“Yes? That old man?”

“I’ll win this time. Please tell him that.”

Because I realized it in this life.

How to beat the Oracle of Omaha.

“I’ll understand. You’re a strange old man.”

“Yes, sir, I will convey that.”