Chapter 55: We may not share the joys, but we certainly share the hardships!
Although neither of them is very decent, the latter at least retains some dignity and is not too ugly! And now that it has come to this, they have no other way out!
Chen Fuchen suggested that the Blue House convene a meeting of the heads of large domestic enterprises and state-owned banks to convey this important information directly to them.
After all, the domestic economy has collapsed to this point, and these banks and large enterprises also have an unshirkable responsibility. Instead of them bearing such bitter fruits and infamy alone, it is better to let them feel this cruel reality and share the honor and disgrace! Mr. Yongsan looked at his think tank with mixed feelings and nodded heavily. It has come to this point, and he, as the president, is destined to be nailed to the pillar of shame in history! But even so, those big companies and chaebols in power can't expect to have an easy life! ...
When the Blue House meeting was held, all the heads of large companies and banks present were stunned! They all vaguely guessed that if they applied for assistance from the International Monetary Fund (IMF), the other party would make a series of requirements.
But they never expected that the other party (IMF) would be so demanding. Once they agreed, would they still be the powerful heads of their own companies/banks? They would probably become "puppets" under their control, right? !
…
Even if there were heads of large companies present who wanted to raise objections and disagreed with this operation, the Blue House representative, under the instruction and acquiescence of Mr. Yongsan, quickly reprimanded the other party and ordered them to repay the debt owed to the bank as soon as possible if they did not accept such a request!
The several presidents who wanted to speak up and support the "first bird" were silent! If they still had money to turn around, the company would not be in this situation now. Asking them to pay back the money now, isn't this forcing them to death?
You should know that the debt ratio of all the companies present far exceeds the market value of the company. Even if the entire company is sold, it will not be able to pay off the loans owed! …
Director Yin, who was waiting outside the meeting room, did not sit there idly. Seeing that the meeting was in full swing and there were occasional loud noises coming out of the meeting room, he was smart and quickly tried to get close to the others.
After learning that today's meeting was essentially Mr. Yongsan informing these companies of the IMF's harsh demands and forcing these companies to make a decision, Director Yin was shocked and it took him a while to come back to his senses.
He quickly used the excuse of going to the bathroom to smoke and quietly contacted Zhang Junfeng to tell him the important news immediately. Then he returned to the waiting place as if nothing had happened, quietly waiting for the end of the meeting.
…
Zhang Junfeng, who was at the law firm, was in a good mood after hanging up the phone! After waiting for so many days, the biggest "assist" was finally waiting for him! If he had visited those state-owned banks before to discuss investment, shareholding, or even acquisition, he would have been turned away in nine out of ten cases, or even kicked out by the other party in a serious case! But now with the "lion's mouth" of the International Monetary Fund (IMF), his request seems "common"! "Director Wu, you will have to work hard in the next few days! As long as you can do it this time, you will have an additional title of 'bank legal advisor'!" Zhang Junfeng looked aside and promised with a bright smile.
Hearing Zhang Junfeng say this, Wu Mingxi rubbed his hands excitedly and immediately stated that he would definitely get this done. Then he thought of something else, hesitated for a moment, and asked tentatively, "Boss, I have a cousin who is studying law at Seoul University and will graduate this year. I plan to bring her to the law firm for an internship..."
"For matters like this, you should just make the decision yourself! You, Wu Mingxi, are still the person in charge of the law firm, aren't you?" Zhang Junfeng waved his hand. He didn't care about such "small matters" and let Wu Mingxi make the decision himself.
"I will contact Goldman Sachs tonight and ask them to arrange a representative to come over as soon as possible to cooperate with us in visiting banks. You must complete the collection of information on these domestic banks by tomorrow at the latest."
"Yes, boss!" Wu Mingxi nodded excitedly. It's just working overtime and staying up late to organize materials. As long as he can succeed, all these efforts are not a big deal!
…
That night, Zhang Junfeng contacted Matto Walsh of Goldman Sachs under Li Fuzhen's curious gaze.
Mato Walsh readily agreed to Zhang Junfeng's request for help in taking over a bank in Goryeo. After this period of contact, the ability of Zhang Junfeng as a "partner" is beyond doubt!
Now that there is an opportunity to give the other party some help and benefits in order to consolidate the cooperative relationship between the two parties, Mato Walls will naturally not refuse.
Finally, Mato Walsh and Zhang Junfeng reached an agreement to let Leon John go to Goryeo to help Zhang Junfeng! After hanging up the phone, Li Fuzhen looked at Zhang Junfeng with some suspicion, and quickly asked about the confusion in his heart, "You just said you want to acquire a bank? Which bank?... No, how can you come up with so much money?!"
"Even though the domestic economy is on the verge of collapse and the bank has become a shell, the size of the bank is still much larger than the Shilla Hotel and the five-star department store! You can't possibly have so much money to buy the bank!"
Zhang Junfeng gently stroked Li Fuzhen's pretty face and kissed her. Seeing Li Fuzhen push Zhang Junfeng away with some disgust, he smiled and explained, "I never said that the money I earned was only that much!"
"How... is this possible?! Even if the stock prices of those Internet technology companies in the United States rise dramatically, you can't make enough money to buy a bank!" Li Fuzhen did not agree with Zhang Junfeng's explanation. Even if Zhang Junfeng was an investment genius, he could not do this!
Seeing that Li Fuzhen still looked incredulous, Zhang Junfeng waved his hands helplessly, "If you don't believe me, there's nothing I can do! Anyway, you'll know whether what I said is true or not in two days!"
There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!
"…If everything goes well, the subsequent poor management issues of Shilla Hotel can also be solved smoothly!" Zhang Junfeng mentioned it casually, remembering what Li Li Fuzhen had mentioned to him before about the continued decline in Shilla Hotel's turnover.
When Li Fuzhen heard Zhang Junfeng suddenly mention this, her expression changed rapidly. "Are you telling the truth? You're not lying to me, are you?!"
(End of this chapter)