The penniless son of the penniless ...
Chapter 101 Contradictions Revealed
Chapter 101 Contradictions Revealed (Updated)
Leon John was a little hesitant. In his opinion, if the Yuetian Group really had that much power, they might have to adjust their strategy!
"…They can still suppress the domestic news media, but what about the foreign news media? No matter how powerful the Yuetian Group is, can it still control the media reporters in the United States? Even the top leaders of the Blue House don't have such a big face and power, right?"
Zhang Junfeng didn't care about Leon John's concerns. The reason why big companies in Korea can be so arrogant has a lot to do with the country's special system and economy.
In a while, the good days of these large domestic companies will be completely rewritten. Most of the company's shares will be controlled by foreign capital, and they will become puppets and tools for foreign capital management companies to make profits in Korea and even Asia.
……
When the cigar burned out, Zhang Junfeng and Leon John chatted for a while about all sorts of things, especially the ongoing national debt repayment campaign in Goryeo. The more gold they raised, the more smiles they had on their faces.
Although Goryeo's operation of raising gold to exchange for US dollars is unique in Asia, other countries experiencing financial collapse will inevitably follow suit after receiving the news. At that time, everyone will rush to cash in the gold they hold into US dollars to ease the tense domestic economic environment.
"Zhang, it's really a pleasure to invest with you. I just need to invest according to the investment methods and suggestions you provide, and the rest will be left to time." Leon John said with a smile.
Zhang Junfeng smiled calmly, "Opportunities to make money are always there. We just need to grasp the timing of our investment and we can make a fortune!"
“By the way, there are still many projects worth investing in this year. Don’t spend the money you have on hand recklessly, otherwise you will not be able to invest the money later. You can’t blame me for not reminding you in advance~!” Zhang Junfeng thought about what would happen later this year and reminded Leon John.
"Also, remember to report some investment projects to the headquarters on Wall Street. After all, I am still a highly paid investment consultant hired by the group. If I don't have any investment suggestions or projects throughout the year, I will inevitably be criticized."
Hearing Zhang Junfeng's reminder, Leon John nodded in agreement. Many of their cooperation projects still relied on the powerful deterrent power of Goldman Sachs' "aircraft carrier". While enjoying the big meal themselves, they also had to give certain benefits to the managers on the ship to prove their great value. There is no free lunch in the world!
“There are no eternal friends, only eternal interests.” Through huge common interests, the two sides can become a closely related community of interests. They will actively continue to support themselves, and the cooperation between the two sides can be long-lasting.
……
Near the end, Zhang Junfeng reminded Leon John of the recent arrangements to meet with the top management of Five Star Group to discuss investment cooperation, then he stood up and said goodbye and left the Goldman Sachs branch.
When the bodyguard and driver asked Zhang Junfeng whether he wanted to go back to the villa directly, Zhang Junfeng did not choose to return to his residence immediately, but asked the bodyguard to take him to the Black Panther Security Company to check it out.
Jin Youdao had suggested to him that they hire professionals for special training, and he had been eager to try it out and see it for himself. After finishing his work today, he still had plenty of time left, so he could go over and watch to gain some experience and exercise there.
Hearing his boss say this, the bodyguard nodded repeatedly and drove the car towards the location of the Black Panther Security Company.
------Dividing line------
Hyundai Group headquarters, inside the chairman’s office.
Chung Ju-yung looked at his second son, Chung Mong-koo, with an unpleasant expression, and asked in a bad tone, "Is what Mengxian said just now true? Did you invite the son-in-law from the Five Star Group to Hyundai Motor Company to discuss cooperation?"
Facing his father's questioning, Chung Mong-koo seemed quite calm, "When Mong-shen came to you to complain, did he tell you that Hyundai Motor Company had applied for a large loan from KB Bank and it was overdue and could not be repaid?"
"Did Mr. Meng tell you that two Hyundai Motor factories have been closed one after another due to lack of capital turnover?" Chung Mong-koo asked Chung Ju-yung with a serious expression, not caring about his old father's ugly expression at all.
"…Asshole! Even if what Mengxian said is different from the reality, this is the attitude you have when talking to me?!" After being scolded, Zheng Zhouyong blushed and scolded the other party in dissatisfaction, without realizing that there was anything wrong with his partial listening and believing.
In Chung Ju-yung's eyes, although the second son Mong-koo was extremely capable, his personality and style were far less obedient and capable than the fifth son. This also prevented him from making a final decision on the choice of the successor to the group.
(Note: In 1991, when Chung Ju-yung had the idea of running for president, Chung Mong-sun made a completely different decision from his brothers and fully supported his father in the campaign. He was later prosecuted for using company funds to support his father's presidential campaign and spent several months in jail for this.)
When Chung Mong-koo heard that Chung Ju-yung knew he was in the wrong but still wanted to make trouble for him, he did not make any explanation. Instead, he stared at the other party and asked two questions in a flat tone, which completely irritated the other party!
"...So what? Father thinks that Hyundai Motor should just sit there and wait for the IMF to deliver its aid, and then watch as they take away most of the company's shares? And as the president, I can no longer try to get investment from outside, and I can no longer negotiate with the bank's representatives about the repayment of the loan?"
"...You bastard, get out of here!" Chung Ju-yung did not expect that Chung Mong-koo would dare to confront him so hard today. Even if the other party had legitimate reasons, his attitude and choice of partner really made him unhappy~!
He had naturally heard of the partner that Chung Mong-koo was looking for, Zhang Junfeng. The other party was able to take over KB Bank and Hanjin Shipping in such a short period of time, and he had a close relationship with Goldman Sachs, one of the financial giants in the United States. He had the ability to help Hyundai Motor, so there should be no problem with that.
It's just that Zhang Junfeng is also the son-in-law of Lee Jianxi of Five Star Group. Not to mention the competitive relationship between Hyundai Group and Five Star Group, just the words he used to mock Lee Jianxi, a junior, at the Incheon Circuit a few days ago, isn't Zheng Mengjiu's current behavior a slap in the face of the old chairman? !
(End of this chapter)
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