The Magician’s Memorial - Chapter 152
Only Krnovel
Episode 152 Friend or Foe (1)
The 9/11 terrorist attacks occurred.
Immediately, a call came from a team leader.
[CEO! I’m in big trouble. The World Trade Center we rented was attacked.]
“I also checked it through the news just now.”
[Because this is an unprecedented situation, the atmosphere on Wall Street is unusual. Stories of large-scale short selling are coming out here and there.]
“Never sell short. “Do not short sell or sell any of the stocks you own.”
[ah! Breaking news has just arrived. It is said that the US stock market will be closed for a week.]
“thank god. Do not show any movement, even outside the market. There is no need to touch the nose hairs of an angry beast for no reason.”
[I will be as careful as possible. It is said that the atmosphere in the White House is also unusual. I will make sure that I am not used as an example for no reason.]
Is it because of the news of the U.S. stock market closing?
Team Leader Han’s voice gradually became calmer.
“Now is not the time to worry about stocks. Now is the time to worry about our lease on the World Trade Center. “We will carry out restoration work using all construction equipment owned by Taewo Construction.”
[We will also deploy construction equipment leased from SAVE Investment Company right away!]
The moment I hang up the phone with a team leader.
This time, I received a call from the CEO of Taewoo Construction.
[Vice Chairman! The World Trade Center, where we are remodeling, is collapsing!]
“Start recovery work right now. “Although the building is closed, there may be people inside, so please join us in the rescue operation.”
[First, we will use a large crane to prevent the building from collapsing as much as possible.]
“I will be going to America soon, so please work hard a little longer.”
As soon as I finished the phone call with CEO Deok-Hwan Ahn, another phone call came.
It was a call from the head of the planning department, and he informed me that he would return to work immediately.
Only then was I able to take a breather and found Dimon staring blankly at the news.
“Come to your senses!”
“Representative, this is not normal. “I don’t know who did this, but all the anger in America will be directed there.”
“It must be the work of a terrorist group.”
“No matter which country is behind the terrorist group, it will be drenched in blood.”
It was Dimon, even with tears in his eyes.
Through his tears, I could feel how angry Americans were about this incident.
“I’m planning to take the fastest flight to America. Would you like to come with me?”
“I will prepare right away.”
I headed to Incheon Airport with Dimon.
Because it was difficult to issue tickets due to the 9/11 terrorist attacks, I was able to obtain a ticket and go to the United States only with the support of Taewo Group and SAVE Investment Company.
***
When I arrived in the United States, the atmosphere was completely different.
The atmosphere was so strict that I wondered if this was the United States that values freedom, and especially as I entered New York, waves of mourning were coloring the entire city.
I first visited Taewoo Engineering & Construction President Ahn Deok-hwan.
Taewoo Engineering & Construction established a base camp near the World Trade Center, and although he held the position of vice president, he was only able to enter the base camp after going through several security procedures.
“Vice President, are you here!”
“What was the situation?”
“We were using cranes and large construction equipment to cause the building to collapse without casualties. Thanks to this, we were able to significantly reduce the number of victims.”
All employees who left Taewoo Construction were experts in collapse accidents.
This was partly thanks to President Ahn Deok-hwan’s leadership from the front, but also because experienced employees were at the scene of the collapse, the damage was reduced.
“How many casualties were there?”
“There were no internal casualties because the trade center was sealed off, but there was nothing that could be done about the people on board the plane.”
“okay. “Is the damage to the building next door the same?”
The World Trade Center was the twin towers.
Airplane terrorist attacks occurred three times.
And I had leased the entire Twin Towers.
“2WTC was also blocked, so there was no major damage. “Some people were injured by debris just from the building collapse.”
“Taewoo Engineering & Construction must use all its capabilities to reduce damage.”
“We took the initial response, but we were informed that the U.S. government would be in charge from now on.”
In that case, our role ended here.
The U.S. government would have been grateful that Taewo Construction, a private company, had taken an active role in the initial response.
“Then wait and move when the U.S. government asks for help.”
“We will proceed like that.”
After meeting President Ahn Deok-hwan, I headed to SAVE Investment Company.
Even though the US stock market was closed, everyone was busy.
A team leader was also busy looking at something without even knowing I was there.
“What are you so busy about?”
“Representative, are you here! The U.S. stock market was closed, so there was no major damage, but stock markets outside the U.S. were in turmoil. The same goes for Korea.”
A team leader showed the situation of the Korean stock market on a monitor screen.
It was a chart plastered entirely in blue.
“It seems like there are only a few companies whose stock prices have risen.”
“90% of stocks in the KOSDAQ market are hitting the lower limit, and the stock prices of close to 98% of stocks are falling.”
“I would say that almost all stock prices are falling.”
“Fortunately, Taewoo Group’s stock price has not changed significantly. In the case of Taewoo Electronics and Taewoo Telecommunications, it is actually rising.”
“It looks like Taewoo Group is among the 2% of stocks on the rise.”
“Everything except that is bad. “Korean, Japanese, and even Indian stock markets are plummeting, and European stock markets are also showing signs of plummeting.”
I pulled my head toward the monitor to take a closer look.
However, a strange smell was creeping up, and it was discovered that the source of the smell was Team Leader Han’s hair.
“Have you been like this all night?”
“It’s an emergency. How can I get into the house?”
“Then I should have at least taken a shower. “It’s not like there are no shower facilities in the company.”
“I didn’t have time for that. “How can I stay away when news of the accident is breaking out everywhere?”
It was clear that it was an emergency situation.
The entire United States is angry, and stock markets around the world are plummeting.
However, since nothing as big as Team Leader Han’s worries happened, I forced him to stand up from his seat.
“Please wash up first. “If your body is clean, your head will function well.”
“But how…?” … .”
“Wash up quickly and come back. We’ll have an executive meeting in 20 minutes, so wash up before then! “Don’t leave the conference room smelly for no reason.”
An executive meeting was held 20 minutes later.
It was a meeting attended by a team leader, David, and Dimon who couldn’t even dry their hair properly.
Everyone was in a daze, but David, who was always sly, was the first to speak up.
“I received a call from the White House. It was a message of gratitude that the loss of life was reduced thanks to SAVE Investment Company starting remodeling work. “They also said they were grateful for Taewo Construction’s initial response.”
“It must be a hectic situation, but I guess I’ve already gotten a call.”
“I wonder how grateful the White House would be as the media continued to praise the initial response. “If we had done something wrong, the Bush administration’s approval rating could have plummeted.”
I’m glad you like the gift.
In return for Super 301, I minimized the damage from the World Trade Center terrorist attack.
Thanks to this, we were able to somewhat prevent the decline in the Bush administration’s approval ratings.
“It may seem inappropriate to bring up this topic now, but we are a Wall Street company, so we can’t avoid talking about money. “Have you not heard from the insurance company?”
“Several insurance companies contacted us. “In a completely panicked voice, he asked to adjust the insurance payment.”
It was an insurance company that had to pay a huge amount of insurance money.
SAVE Investment Company leased the World Trade Center for $3.2 billion, but the insurance money to be paid was at least doubled.
But my conscience didn’t prick me.
The insurance company also saved a huge amount of insurance money thanks to us.
If the World Trade Center had not been remodeled, tens of thousands of people would have been injured and thousands more would have lost their lives.
It was an insurance company that, thanks to me, saved money on the insurance premiums it had to pay to them.
Of course, since that did not happen, the insurance company may feel that the insurance premiums they would pay us would be a waste.
“Take insurance premium negotiations slowly. “We are not in a hurry.”
“And we are receiving phone calls of gratitude from companies that have opened stores in the trade center. “There are even people who come to the office and give us coffee.”
“I guess they think of us as heroes.”
A hero who saved thousands of lives.
This was the image that SAVE Investment Company would have in the future.
But it wasn’t a particularly good image.
Because Wall Street investment companies work better with villains rather than heroes.
“CEO, but should we just sit back and watch the stock market like this? Even if we don’t touch the U.S. stock market, it would be too wasteful to just watch the Korean, Japanese, and European stock markets.”
A team leader came to his senses and opened his mouth.
His head was spinning quickly, probably because he had taken a shower.
“The world has fallen into panic due to terrorism, but it will recover quickly. So buy stocks at lows.”
“Do you think stock prices will recover soon? The White House has almost declared war. “If war breaks out, won’t stock prices fall even further?”
“Anger and sadness are volatile emotions. This is especially true if it is related to money. “The stock price will recover within six months at the latest.”
“Then, let’s plan a strategy by buying the low.”
Profiting from short selling can be a target of the U.S. government.
There was no problem in making a profit by buying low.
“Has it been revealed who is behind this terrorist attack?”
“Each side is announcing that it was not a terrorist attack committed by them.”
The current United States was like a bomb about to explode.
These were countries that hoped that the bomb would not be directed to their country.
So much so that even North Korea, which is famous for its recklessness, was condemning the act of terrorism.
But not everyone was like that.
Some even claimed that they had caused a terrorist attack.
“Islamic extremists are claiming that they are the main culprits of terrorism, but is it really what they did?”
“The possibility of that happening is expected to be high. There is even news that US troops will be dispatched to the Middle East soon.”
The United States seemed to be trying to withdraw from overseas problems.
Although the Bush administration tried not to get involved in overseas issues due to its huge budget and lack of justification.
As the World Trade Center collapsed, war became inevitable.
“The Middle East is going to be noisy.”
“The current U.S. government is caught up in the black-and-white logic that either you are an friend or you are an enemy. “There may be a bigger war than expected.”
Cooperate with the United States.
Otherwise, we’ll take you back to the Stone Age!
The United States was so engulfed in madness that these words came out.
In this situation, the best thing to do was to stay low and hide as much as possible.