The Youngest Son Of A Rich Family Chapter 197

[197] Never Forget. 1

On August 23, when the hot summer was over, the IMF management system came to an end when the government fully repaid the IMF bailout loan of 19.5 billion dollars.

The government once again comforted the people for their pain and hard work, saying that the crisis in Korea was completely over, and did not forget the government’s self-congratulations.

However, although the crisis is over, Korea has crossed a river of no return.

The concept of a lifetime job has disappeared and life has changed to the weight of money.

Money has become the highest value, and consumption has become a means of displaying wealth rather than living. Rather than the word luxury, the word luxury soon took its place naturally.

As restructuring increased income inequality among non-regular workers with job instability, labor income shrank sharply.

As wealth inequality increased, the phenomenon of the rich and the poor began.

On the one hand, domestic demand was sluggish due to the decrease in consumption by the poor, while on the other hand, large-scale liquid capital was formed. Large-scale floating capital worth hundreds of trillion won moved from the stock market to real estate after the collapse of the IT boom, sparking a nationwide real estate speculation frenzy.

Of course, the current real estate craze is a global phenomenon.

The ultra-low interest rate policy initiated by the US supplied excessive liquidity to the market, and one of the factors was that this liquidity flowed into the real estate market and created a bubble.

But whatever the cause, the consequences are devastating.

This is because a generation has emerged who has to give up even owning a house.

In fact, I was not interested in the special program overcoming the IMF that was being talked about on the air. Nothing else caught my eye because of what was to happen exactly nineteen days from now.

The US, Japan, and Korea stock charts and status boards that filled the monitor all seemed useless, and only endless hesitation and confused minds were all there was.

There was one reason why my hands holding the keyboard and mouse were hesitant.

Is it just to take advantage of the opportunities afforded by the tragedies of others?

It is the tragedy of others that cannot and should not be prevented anyway. Someone… No, among the tens of millions of human beings immersed in the world of investing, someone will make money because of this tragedy and someone more will lose money.

I too am immersed in this world.

You must stand on either side. Isn’t that why you can’t stand on the losing side? If I lose money, isn’t it intentionally stepping into the losing side?

I had already made up my mind which side to side with, but I wanted to avoid the unscrupulous man who made his fortune by taking advantage of the tragedies of others.

In the end, it’s a matter of how much money you make.

I didn’t want to go to the point where I was pointing the finger at myself.

Fuck, it’s my grandfather’s style to close his eyes tight and open his eyes at times like this… It’s a long way from following.

I calmed down and stared at the monitor.

After checking the strike price of the put option, I pressed a number on the keyboard.

Even if you take a huge amount of money, it only disrupts the multiplier of the gambling board. I chose the right amount that no one would look at, and placed my order.

How will this number change?

In the past, I was not very interested in stocks.

So we don’t even know the stock price on September 12, 2001. All I know is that there is a big crash. It’s just plain common sense. ten times? twenty times? how many times will it be

I shook my head. Thinking of the money already coming in…

After resetting the computer, I logged in in overseas investment mode.

After selecting Japan, I entered a higher number than before.

reset again

The US stock market and financial products and derivatives greeted me with glitter, but my hesitation increased.

just plugged in the computer

Let’s just defend. This is enough.

* * *

Tuesday, September 11th.

Tragedy happened when SES and Shinhwa stepped onto the top of popular songs one after another.

It was 9:00 pm Korean time, and it was time for salaried workers who had finished their day’s work to relieve their fatigue by drinking soju with pork belly as a snack, chewing dried squid, and drinking beer.

American Airlines Flight 11 took off as usual at 7:59 on the same morning in the United States with 92 passengers on board.

After only 15 minutes, control in Boston tried to contact American Airlines Flight 11 (AA11), but Flight AA11 did not respond for more than 10 minutes.

Moments later, the controller said, “We hijacked the planes. If you stay still, you will be safe. We are returning to the airport.”

And Flight AA11 disappeared from radar over New York.

At 8:13 a.m., the East Control Tower at Logan International Airport cleared United Airlines Flight 175 for takeoff. And 30 minutes later, the hijackers stabbed the pilot and copilot to death and seized the controls.

At 8:46 in the morning, when New Yorkers rushed to work, a plane suddenly crashed into the North Building of the World Trade Center.

It was American Airlines Flight 11 that disappeared from the radar.

At 9:03, when the burning of the North Building was broadcast almost live around the world, with millions of eyes and broadcast cameras all pointed at the building, United Airlines Flight 175 flew world trade at 500 miles per hour. It crashed into a building south of the center.

* * *

On this day, I kept the office all day. Even after everyone had left work, I sat there blankly with the TV on.

In the end, history went straight, and after 10 p.m., all broadcasting stations started pouring out emergency breaking news.

My heart broke when I saw the breaking news.

However, this feeling did not last long.

This is because both those who were relaxing at home watching TV and those who had a drink at a bar in Yeouido flocked to the company.

They all switched on their computers and started checking the monitors. Of course, I didn’t miss the CNN breaking news.

At this time, Miracle’s managers and above must all have gone to work.

I pressed the intercom.

“Everyone from the team leader to the conference room.”

I slowly got up and went to the conference room.

There must have been many people running after drinking, and the meeting room smelled of fishy alcohol.

“I think everyone has confirmed the breaking news. So you must have rushed to the office at this time.”

The people who had already gathered looked at me with a disapproving expression when I asked them to gather in the meeting room at the moment of regret.

“I ‘dictate’ one of the most important rules. If anyone disobeys my instructions, I fire them. Keep that in mind.”

At this time, the door to the meeting room opened and Oh Se-hyun jumped in.

“hey! Did you see the news?”

Oh Se-hyun, who had been shouting, hurriedly shut her mouth. Because the silence in the conference room replaced the answer.

“Oh, Mr. Do you have anything to say?”

Someone who will notice what I mean by my very polite and businesslike tone.

“no. Continue talking.”

“yes. then.”

He looked around at the people again and said.

“My instructions are very simple. Even if the stock market opens tomorrow morning, act no differently than usual. In other words, you shouldn’t think about this situation a while ago. There are no sell orders.”

“omg! Chief! that is…!”

“It’s not possible. A stock market crash is inevitable. We need to sell the maximum amount quickly.”

As expected, the backlash was fierce.

These are the people whose incentives are determined by performance. You would think that my decision today was unreasonable because I took an incentive several times higher than the annual salary written in the contract.

“Quiet everyone! From now on, anyone who interrupts Chief Jin Do-jun’s words will be cut off right here! Listen to the end and follow Chief Jin’s instructions unconditionally!”

When Oh Se-hyeon opened her eyes and shouted, the meeting room was filled with only cold energy.

When our eyes met, he blinked in one eye.

“If there is a request from a customer to sell, do as you please. However, it should not be sold arbitrarily. In particular, we must hold onto the stocks held by our capital.”

The hard-faced staff seemed to be suppressing their displeasure inwardly with their heads bowed.

“Keep buying before the market closes, especially for quality stocks. I will definitely hit the lower limit, so don’t hesitate.”

Saying any more is just repeating the same thing and becomes nagging.

“I know what you are concerned about. But before a few days pass, the stock market returns to normal. There is no need for us to incubate ourselves just because others are excited. That is all.”

As soon as the words were finished, everyone ran to their seats. You should check out the new breaking news. They won’t be out of bed until tomorrow.

In the conference room where everyone had left, only me and Oh Se-hyun were left.

“Aren’t you crazy?”

“It is quite normal.”

“That’s it.”

Oh Se-hyeon let out a long yawn and turned around.

“Suffer. i’m off work I’ll see you tomorrow.”

“Is it over? Do you have anything more to say?”

“You must have judged well. I have a lot of places to call in America. I have to convey my consolation and regret. Oh, you should also give Rachel a call. A lot of Rachel’s acquaintances work at the World Trade Center.”

“yes. I plan on doing it in a couple of days. Can you hear my comfort now?”

“Anyway. I had a hard time anyway.”

I sat in a daze for a while in the empty meeting room where Oh Se-hyun had disappeared.

got up again

This is not the time to get lost in emotions. It’s not over yet.

I left Yeouido and ran to Sunyang Securities.

* * *

When I gave the same instructions as Miracle, the CEO of Sunyang Securities and Vice President Jang Do-hyung started looking at me with a puzzled expression.

“I take all responsibility. Please follow me.”

“Chief. As you may have seen on the news, this is terrorism. Will America be alone? I would be willing to go to war.”

“Where are you?”

“Yes?”

“Where do you mean the war?”

“Isn’t that… a terrorist group?”

“What is the probability that the United States will lose in a war against a single terrorist group?”

Jang Do-hyung didn’t answer.

“It is so shocking that it is unavoidable that there will be a big ripple. But take a hard look. There are no simultaneous terrorist attacks across the United States. Not even the US government would let that happen. On the contrary, if the terrorist group attacks, the stock price will quickly recover.”

“Chief. Can’t we make a decision after checking the US stock market?”

The CEO of Sunyang Securities, who had only been listening, quietly opened his mouth.

“For the time being, the US Central Market is closed. It won’t be open for at least four or five days, so we’ll have to decide.”

“Closed…?”

“Wall Street is a pillar of the American economy. It is better to avoid storms.”

“Hmm… Vice President Jang.”

“yes. president.”

“Let’s follow the manager’s opinion. When it comes to investing, aren’t you a few steps above you and me?”

The boss is also as seasoned as his age.

He expressed his opinion very briefly, but inside he must be cheering for three hundred thousand years.

In other words, I took the lead in blocking the huge shock wave.

How nice would it be to hear that I, the owner’s family and major shareholder, will take responsibility for everything at a time when things are likely to go wrong?

* * *

Back in Yeouido, I stayed up all night checking CNN breaking news. It’s not just me. Last night, not only Yeouido, but also the lights of large buildings did not turn off.

No one knows how this situation will develop, so everyone is keeping their offices and preparing for a new situation.

All day long, I waited anxiously for the stock market to close.

Until the closing time on the 12th, the stock market around the world was a day that fit perfectly.

The staff gathered in groups of threes and threes with a long sigh and ran to the sauna.

A short break is needed for a long battle that may end in the future.

Before I checked the closing of the stock market today, I first checked the results of the secret work I had done a few days ago. When I showed the result of the put option I exercised today on the monitor with my slightly trembling fingertips, my mind turned white. Closely written numbers and commas between them.

My head was dizzy.

How could this happen!

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