The Magician’s Memorial - Chapter 113



Only Krnovel

Episode 113 Craze (2)

Office in Myeongdong.

Team Leader Park took out a cigarette and asked.

Just a few days ago, his subordinates would have lit a cigarette for him, but now there was no one by his side.

Click! Click!

Even Reiter didn’t listen.

Perhaps because the flint had gone out, no fire came out of the lighter, and Team Leader Park buried his head in his chair with a cigarette in his mouth.

That moment. bang!

The closed door was forced open and Lee Young-han came into the office.

“I came to help because I felt like there was no one to light the fire. Still, I’ve been taking care of her grandfather for over 20 years, so I should at least light a cigarette.”

“I guess you were all watching.”

How would Lee Young-han know that the lighter was broken?

It was Team Leader Park who had just learned that the entire office was being monitored.

“I guess you came here now because you’re seeing everything? “I came all the way up here and there was no one stopping me.”

“Let’s finish it quickly. “Don’t waste time.”

“But shouldn’t we at least smoke cigarettes instead of incense on our way to the end?”

“I don’t want to waste time. Just kill him.”

Team Leader Park has already given up on life.

I joined hands with Executive Director Lee Jun-su to eat Myeongdong, but I was arrested.

Japanese lending companies gave up on Myeong-dong and focused only on business in the third financial sector.

Moreover, the Five-seong faction was in a situation where the Busan police were trying to rob them, so they were in a hurry to run away rather than come to Seoul.

“I’m really curious, but why did you join hands with Lee Junsu? You are the person who was most loyal to your grandfather until the end. “To be honest, even if you hadn’t been hostile toward me, I was even thinking about handing Myeongdong over to you.”

“Myeong-dong is a place where you cannot take over and become the owner. You can become the owner of Myeong-dong only if you achieve it yourself. “Chairman Lee told me that.”

Lee Young-han was truly frustrated.

Even if my grandfather hadn’t hidden himself, he and Team Leader Park would have been able to advance not only to Myeong-dong but also to the 3rd financial sector.

“If you were going to win it, you shouldn’t have held Lee Junsu’s hand! “If that were the case, it would have been a more advantageous fight for you.”

“Probably so, because if I hadn’t joined hands with Lee Jun-su, Director Kim Min-jae wouldn’t have helped you.”

“Even though you knew that, why did you hold Lee Junsu’s hand?”

“I had no choice but to catch it. “You and Junsu Lee have the justification of blood, but I am not related to Chairman Lee by even a drop of blood.”

Team Leader Park has always felt inferior.

Chairman Lee takes care of Junsu Lee, who is behaving like a fool.

The inferiority complex exploded at the sight of Lee Young-han, who inherited an inheritance worth 10 billion won just because he was the grandson.

Team leader Park thought that to become the owner of Myeong-dong, you need a pedigree.

That’s why, even though I knew that Junsu Lee was the culprit who killed Chairman Lee, I held his hand.

“The lineage is shit. Grandfather always said that he would pass on Myeongdong to you! That’s why they didn’t let me come near Myeongdong.”

“If Chairman Lee had passed away after handing over Myeong-dong to me, I would have taken care of you just like before. But as things turned out, I had to make a choice.

“Then you made the right choice!”

“… … Can I ask you one favor? Scatter my ashes on the beach. “I don’t have the honor to see the Chairman in perfect condition.”

Suddenly, tears flowed from Team Leader Park’s eyes.

They were not tears of reflection, nor were they tears of regret.

The tears were shed out of longing for Chairman Lee Sun-il.

“Why did I kill you? Just fuck off. “Don’t even think about coming back to Myeongdong again. Get the hell out of here.”

“Are you saying you’ll save me?”

“If I kill you, how will I look at my grandfather? You are the person my grandfather loved the most. “How can I kill you with my own hands?”

“You’re still very soft. The owner of Myeongdong shouldn’t be like that. “You can become the owner of Myeong-dong only if you can cut off your family.”

“Do you want to give advice in this situation?”

“I have an excuse to give to the Chairman. “Because I sacrificed my life so I could give you good advice.”

thud! Team Leader Park stamped his foot strongly.

He used his repulsion to jump up from his seat, and the bodyguards stepped forward to protect Lee Young-han.

However, the destination that Team Leader Park headed to was not Lee Young-han.

He threw himself towards the window.

Team Leader Park intentionally fell headfirst into the ground, like a diver jumping into the water.

“Fuck! Really until the end! Aaaah!”

Lee Young-han looked down at the window and screamed.

Tears also flowed from Lee Young-han’s eyes as he watched Team Leader Park end his life in such a tragic manner.

***

Younghan Lee took over as the owner of Myeongdong.

It was Dimon who brought me the news.

He considered himself a patriotic fighter, and was more immersed in this matter than I was.

“It is said that the owner of Myeong-dong has been decided, but the Japanese loan business is still active in Korea. “There is fierce competition, but the fight is never ending as money keeps coming from Japan.”

“The interest rate fell to the 30% range.”

When the Japanese lending industry first appeared, the interest rate was around 60%.

However, the third financial institution founded by the Myeongdong trio began lending money at unconditionally lower interest rates than Japanese lending companies, and Japanese lending companies also lowered their interest rates to avoid falling behind in competition.

“Simply playing a game of chicken takes too long. We need to kick out Japanese lending businesses from Korea as soon as possible. “How dare you come crawling here!”

“… … So what do you plan to do?”

“Let’s attack the main base using funds from the SAVE investment company. With the help of the Queendom Fund, they are attacking the Japanese yen again. “If the exchange rate falls, won’t it become burdensome to send money to Korea?”

It was a truly extreme method.

I once again realized how immersed Dimon was in this work.

But when I thought about it, it wasn’t a bad idea.

“It wouldn’t be a bad idea to shake up the Japanese yen a little with SAVE investment company funds.”

“Plus, George from the Queendom Fund goes on air and says just one word. ‘The current yen is overvalued!’ If we do this, the yen will fluctuate.”

George’s words had a huge impact.

In addition, there was already a precedent of attacking the Japanese yen once, so just acting as if he would step forward was of great help.

“If we do that, Japanese lending companies may be slightly shaken. But it’s not enough to completely eradicate it.”

“Isn’t there a better way?”

“It’s a method that was used once, but there are methods that can be used again.”

“If you say this is a method that has already been used, are you really talking about derivative products? But isn’t that a lucky solution that coincided with the great earthquake in Japan?”

In just one year, a disaster greater than an earthquake will occur.

The disaster called the dot-com bubble.

It was the dot-com bubble that shook not only the United States and Korea, but also Japan.

“Try selling IT-related corporate derivatives to Japanese lending companies.”

“I was hit hard by derivatives. Would I buy it again?”

“We live in an era where IT stocks are rising 20% ​​a day. In the United States, the stock that is going beyond the craze is IT. “Don’t you know that in Japan?”

“Well, I heard that even housewives and students are buying IT stocks these days.”

The IT bubble was a bubble for a reason.

Starting in the 2000s, all experts were saying with one voice that the Internet era would arrive, and the Internet had already been distributed to many homes.

“So selling IT stocks as derivatives will create curiosity. Moreover, if you increase the rate of return to around 300%, you will have no choice but to buy it.”

“… … However, this is a battle we can only win if IT companies plummet. As the social atmosphere is increasingly becoming IT-friendly, will IT businesses fail? If derivatives are sold incorrectly, SAVE Investment Company may go bankrupt.”

Dimon said with a worried face.

That sight actually felt nice.

To the extent that even Dimon was worried, he became convinced that Japanese lending companies would take the bait of derivative products.

“The IT bubble is bound to burst. Of course, the IT business will continue to develop, but the stock price is rising too quickly compared to the speed. “The stock price will have to plummet once for the pace to pick up.”

“Then how many derivatives do you plan to sell?”

“Wouldn’t $30 billion be enough? “Only at that level can we stop the Japanese loan company.”

In 1999, the exchange rate began to stabilize.

At one time, the exchange rate was about to rise to the 2,000 won range, but now it was maintaining the 1,200 won range.

Still, $30 billion was more than 35 trillion won, an amount that even the richest Japanese loan companies would find difficult to handle.

“I will trust you and create and sell derivative products.”

“Team leader Han has experience with this kind of work, so leave it to us.”

“Team Leader Han is already known for his past derivative products. Wouldn’t that have the opposite effect?”

“Wouldn’t it be nice to touch the other person’s emotions? There will be quite a few people rushing to seek revenge. “It would be perfect if derivatives were made with a maturity of two years.”

Dimon gulped.

Dimon was feeling a level of tension similar to that experienced by a patriotic fighter before carrying out an operation against the Japanese army.

***

It is May.

Everything went step by step as planned.

At my request, George made a statement attacking the yen.

As the yen fluctuated, the amount of money coming into Korea from Japanese loan companies decreased.

In such a situation, IT derivatives emerged.

From the Japanese loan company’s perspective, it must have felt like a great opportunity to turn the current situation around.

Thanks to this, we were able to sign over $10 billion worth of derivatives contracts in less than a month.

Meanwhile, as the stocks of IT companies continued to trend upward, the number of lending companies seeking derivatives contracts increased.

I was starting May with such good news.

My grandfather suddenly called me to the president’s office.

“You have a place to go with me. “We have guests from America, so I guess you should go with them.”

“It looks like an important guest is coming from America.”

“You could say he’s a good business partner. “I helped him when he was having a hard time.”

I followed my grandfather out without asking any more questions.

Because it wasn’t a bad picture of me, a graduate of college in the United States, greeting guests from the United States.

And if a truly important guest had arrived from the United States, there was no way the media could have stayed quiet.

It seemed like a not-so-important guest was visiting, so I didn’t ask for more details.

I got into the same car as my grandfather and headed to Yeouido.

There, a large model house was waiting for the completion ceremony.

“Sooner or later, guests will come here. “Be prepared.”

My grandfather and I shared white gloves.

He held scissors in one hand and waited for the cutting ceremony.

When all preparations were completed, the guest the grandfather had mentioned appeared in front of the model house.

The moment a customer gets out of the car.

I screamed as I felt a bolt of lightning hit my head.

“Trump? “Why is he here?”

Trump, who would become the 45th president of the United States, was in Korea.

I also came to Korea because I was invited by a personal relationship with my grandfather.