The Magician’s Memorial - Chapter 14
Only Krnovel
Episode 14. Talent Recruitment (4)
The number of SAVE fund subscribers increased day by day.
David once again proved his abilities by signing up over 80 people from the list I gave him in a short period of time.
“David! Would you like to receive the bonus in your bank account? Or should I give you cash?”
“Are you going to give it to me already? There are still 20 people left. “We will get all 100 people to join the fund and receive additional bonuses.”
“If you meet just 2 more people instead of 20, I will give you an additional bonus.”
I thrust two photos at David.
“Who are you? “One of the faces looks very familiar, though.”
“There is a US presidential election this year, right? “Shouldn’t we also provide support to one side?”
“We are also on Wall Street, so of course we should provide funds for the presidential election so that it will be easier for us to work later.”
There is a saying that funds for the US presidential election come from Wall Street.
To that extent, Wall Street provided a large amount of funds as sponsorship funds.
SAVE Investment Company is also located on Wall Street, so it was not unusual for it to provide sponsorship funds.
But it wasn’t just for SAVE Investment Company.
The person who will be elected now is the person who will become president in 1996 as well as in 1992.
Since he was the person who would be in the position of president when the foreign exchange crisis hit Korea, I had to keep an eye on him even more.
“We will support candidate Clinton.”
“Boss, are you okay? Since the Gulf War, President Bush’s approval rating has been above 80 percent. Public opinion also believes that President Bush has a higher chance of being re-elected.”
“Wouldn’t it be more beneficial to support an unfavorable candidate rather than an advantageous candidate? Moreover, the gap between first and second place is narrowing day by day.”
With the victory in the Gulf War, President Bush’s approval rating increased.
However, it was candidate Bill Clinton who was focusing on the economic crisis that came after 1990.
In particular, ‘the problem is the economy! With the campaign slogan ‘You idiot!’, Clinton was positioned as the right person to address economic issues.
Actually, what is the importance of that reason?
I already knew that Bill Clinton would be president, and that he would be re-elected in the next presidential election.
“okay. So how much money will you give to Governor Bill Clinton?”
“If you’re going to give it to me, don’t you want to make sure to give it to me so I can make a good impression? “We need to provide about 10 million dollars in support.”
“The campaign would be very happy with that amount of money. But it seems too easy. “Anybody can provide $10 million, not just me.”
“Of course, we need to form lasting bonds.”
My relationship with President Clinton was not important right now.
Only by building steadily from now on can we receive help from the foreign exchange crisis.
“But who is the other one? “No matter how many times I look at the photo, I don’t know who it is.”
“It’s because I’m Russian, not American.”
“You mean Russia? From an American perspective, Russia is a bit like that.”
“The Cold War is over, so what’s the problem? Even McDonald’s has entered Russia, so what’s there to be afraid of? And the person in the picture is not that important in Russia.”
“What is your name?”
“Vladimir Putin. “He is a politician from the KGB.”
Do we really need to make a connection with Putin?
I continued to worry about this for over a year, but eventually concluded that the more connections you have, the more helpful it is.
Putin is the person who will rule Russia for the next 20 years.
And this was also the lowest point in Putin’s political life.
“I’m not just asking you to meet a person named Putin, but can we also provide funds to this person?”
“I’m probably going to be an independent now. “This is the time when funding is most needed.”
“Then how much support do you plan to give?”
“If you provide too much support, they will become more wary. “It would be roughly $5 million.”
“5 million dollars for an independent politician? Would you accept such a large amount of money simply by providing support? “The justification is too lacking.”
“David’s role is to fill in the gaps. Provide funds on your own and establish a link with SAVE Investment Company.”
David was deeply troubled.
Meeting a politician who was part of the Russian KGB would be a great burden for him as an American.
“All right. I will go there myself. And when you fill in the missing justification, you can indirectly put forward the boss’s name.”
“As long as you don’t directly mention Taewoo Group or my name.”
“We will approach it by creating a justification, just as we would support a Korean company that will enter Russia in a few years.”
“As you know, safety comes first. “Don’t move too hard and get hurt.”
“Don’t worry about that. “One of my specialties is survival!”
The purpose of coming to Korea is almost coming to an end.
External work was entrusted to David, and a system was created so that the foundation could run internal scholarship training within Korea on its own.
“Team Leader Han, please prepare to return to the United States now.”
“Are you finally returning to America?”
“We need to prepare for school quickly. ah! And how is the work I asked you to do earlier going on?”
“Are you talking about preparing for an early graduation?”
I wanted to graduate at least a year early and join Taewoo Group.
By shortening the 4-year university course to 3 years, I was able to gain 1 year of time upon graduation, and to do so, excellent grades were essential.
“We selected seven people who graduated from Harvard’s economics department. All reports will be handled by them from now on, and the boss only needs to check them. And in the case of exams, we have prepared past exam questions for each professor and are even analyzing the types of questions.”
“It’s like buying grades with money. I didn’t want to do this either, because I didn’t want to waste four years in school.”
“I understand how the boss feels. “What does college life matter when you build a company the size of a SAVE investment company?”
I knew very well that my current actions were reprehensible.
It was fortunate that a team leader understood my feelings.
* * *
In August, I returned to the United States.
He removed his belongings from Wall Street and moved them to a mansion he had purchased in Cambridge, Massachusetts.
Meanwhile, the new semester began in September, and I concentrated on my studies, looking for people I could recruit among my classmates or seniors.
But in mid-September, I briefly returned to Wall Street.
This was because George from Quantum Fund contacted me saying he wanted to meet with me.
It was George who visited SAVE Investment Company in person, and the moment he saw me, he hugged me and expressed his joy.
“The tiring war is finally over!”
“Congratulations on winning the war against England.”
“Am I the only one to be congratulated? SAVE Investment Company is also one of the winners!”
Comrades who fight together in war tend to develop deep bonds.
Although it was not a bloody war, money was more valuable than blood on Wall Street.
Since the war was won with a huge amount of money at stake, George hugged me for a long time before continuing to talk about the spoils.
“Congratulations again. Your return on this war is 50 percent. “I wanted to give more, but shouldn’t allies who entered the war faster receive more loot?”
“I’m satisfied with 50 percent.”
The amount I invested was 6 billion dollars.
At 50 percent, the profits amounted to a whopping $3 billion.
“This is no excuse, but I, who led this war, received a return of just over 60 percent, and the proceeds were only $1 billion, much less than what you will receive.”
“Isn’t $1 billion too little as a price for winning the war with Britain?”
“If I were to end the war just this once, I could increase my rate of return, but wouldn’t the war have to continue? “Among the early investors, quite a few people received several times their investment.”
As expected, it was George preparing for the next war.
Of course, I was ready to participate in that war.
“Then we will have to fight the next war together from the beginning. Are you still planning to attack the European foreign exchange market?”
“I think my next target will be Germany. The German franc is very overvalued. So I’m thinking of selling marks and buying francs. However, the next operation was planned to be an individual operation, not an alliance. “You can follow me and buy francs, or you can just sit back and watch.”
“Are you planning on forming an alliance with other hedge funds?”
“I will be at the forefront, but you must decide for yourself whether you will follow me. “How long can I not take on all responsibility?”
I read cunning in George’s tone and expression.
Because I knew what would happen in the future, I was able to read his cunning.
He stabs the hedge fund in the back through this operation.
The moment hedge funds followed him and bought a large amount of francs, he sold all of his francs and realized a profit.
I continued speaking with a smile, trying hard to hide my true feelings.
“We will discuss it with our employees and make a decision.”
“It doesn’t matter what decision you make. “It depends entirely on your judgment.”
How can something so different in just a few minutes?
I could no longer feel the camaraderie that came from the war with England from him.
After all, this is Wolgaji.
Wall Street was a place with neither permanent allies nor permanent enemies.
“Thank you for the advice. And thank you for lending your name to the foundation.”
“That’s something I’m grateful for. “Thanks to you, I have seen great tax savings.”
10 billion won sent to Taewoo Scholarship Foundation in the name of Quantum Fund.
Although this money came out of my own pocket, the Quantum Fund saw the tax saving effect of the donation.
That’s why George even said thank you.
“If the price of borrowing the name of the Quantum Fund is tax savings, then I have a lot of money left in the business.”
“What is the importance of the name? “If you ask me to do this, please do it anytime.”
We had a few more conversations while wearing masks.
I sent George off with a smile on my face until the end.
As soon as he left the company, I immediately called Jeffrey and a team leader into the conference room.
“Quantum Fund is trying to attack Wall Street. What should we do? For your information, only I know this fact.”
“What do you mean by that all of a sudden? “Did you not receive the payment properly?”
“The settlement was done properly. “We decided to receive a 50 percent rate of return and $3 billion in profits.”
“A 50 percent return is very high. “Then why do you say you are betraying me?”
The current economic situation in the United States is very bad.
Most hedge funds were relieved even if they did not produce negative returns.
Even in the case of the $4 billion that our SAVE Investment Company managed on its own, the rate of return was only around 20 percent.
This was also thanks to me providing information whenever I could.
“George’s next target is the franc. But just looking at him, it looked like he was going to pretend to buy francs and then sell them.”
“You are saying that if other hedge funds follow the Quantum Fund and buy francs, the price will rise, and then they will sell francs.”
A team leader immediately understood and explained the situation.
As expected, he seemed like a person with S-level analytical skills.
“What choice should we make?”