God of stocks chapter 416
Chapter 416 The Political Game-Inspired (2)
Lee Sang-hoon looked at the clock and the clock was pointing at 4 am. Lee Sang-hoon thought the phone was incorrectly dialed at an unknown number on his cell phone. And since most of the phone calls were wrong at this time, Lee Sang-hoon turned off the phone right away. It was because I didn’t want to wake up after answering the phone.
However, it is normal to not answer the phone again after realizing that the other party made the wrong call to the phone that normally hangs up immediately, but the phone rings again, waking Lee Sang-hoon’s sleep.
“Someone is calling at this time.”
Lee Sang-hoon rubbed his eyes and sat up and checked the phone number again. However, even if I look again, it was a number that I didn’t know, and I had a strange idea about the number stamped with a general station number, not a mobile phone number.
“Who is it?”
Lee Sang-hoon, looking at the phone number he saw for the first time, was worried about whether or not to get it. However, Lee Sang-hoon picked up the phone several times at the number with the station number.
“Hello.”
“Is this CEO Sang-hoon Lee’s phone right?”
“Yeah. I’m Lee Sang-hoon, where are you?”
I heard a low-pitched voice for the first time. The dark room was feeling darker with the tone of the voice.
“I am Sejong Lim, head of the newly established Financial Crisis Countermeasure Headquarters under the Ministry of Finance. If you are okay now, would you be able to come to the Ministry of Finance?”
“Yeah? Is it this time?”
Lee Sang-hoon thought that this person would not have known the time. And if this person really belongs to the Ministry of Finance, I thought there would be a reason to call it this time.
“Can I know the reason first?”
“I’m busy, so first of all, I’ll tell you briefly. The $700 billion bailout bill in the United States was rejected in the House of Representatives. The financial system currently planned by the US government has collapsed.”
“Yeah?”
Lee Sang-hoon fell asleep quickly.
Passing the $700 billion bailout bill was taken for granted. So people’s eyes and ears were focused on what would happen next. This is because how the prepared 700 billion dollars of funds will be spent on whether the financial crisis will evolve or the flames will spread elsewhere.
But now, Sejong Lim’s words were saying that the most basic part was missing. He said he had no choice but to stand with his bare hands and look at the flames without having to sleep or catch the flames or turn around.
Lee Sang-hoon fully raised the body that had been halfway up and sat on the bed and asked again. It was because he thought that he was listening to the phone while sleeping.
“Is that true? Was it really rejected?”
“Yeah. It is true. Now, our Financial Crisis Countermeasure Headquarters is gathering people from related industries to talk about future countermeasures. Representative Lee Sang-hoon also contacted me because he worked with the National Pension Service. It may be difficult because it is early morning, but can you come to Yeouido right away?”
“Okay. Please print your address and we will go right away. How long can I go?”
“Please come as soon as you are ready. We are reaching out to everyone else now, and they are coming as soon as they are ready.”
“Yeah. Then we’ll see you a little later.”
Lee Sang-hoon hung up the phone and went out to the living room and turned on the TV.
It was dawn, so I wasn’t talking on the air about how the American market was going. It simply showed the fluctuations of the US stock market in the lower right corner.
“crazy. what?”
Lee Sang-hoon rubbed his eyes several times. I felt like I saw a number that couldn’t come out, so I tried to wake up by hitting my face with my palm to see if I was still less asleep.
But once again, when the number of Dow Ji-soo passed, Lee Sang-hoon screamed. Because he wasn’t mistaken. And, as if someone was playing a joke, I couldn’t wake up anymore and swear came out.
[Dow 10365.45p -777.68p compared to the previous day]
“-777 crazy motherfuckers Katsina joke.”
Even in Korea, there were times when I thought that I was playing with the index by making odd numbers every now and then. In the case of the stock, it was easy to ignore, so I could ignore it, but in the case of Jisu, I sometimes heard about who would play such a joke.
However, that was the only thing in Korea. I never imagined that there would be a number like a joke with a representative Dow index in the New York market, where all the world’s capital was concentrated.
Lee Sang-hoon shook his head, changed his clothes, and headed to the address on his mobile phone.
As he went on, he recalled the Dow, which fell close to -7%, and the S&P and Nasdaq, which fell close to -10%.
A lot of people have pondered and imagined what kind of aftermath a storm would come out when something that everyone took for granted is gone. But such a thing is only possible in imagination. No one thought it would happen in reality.
However, the American political scene made that imagination a reality. There has been a lot of talk about the disagreement between the Democratic Party and the Republican Party on the bill, but it is only a matter of coordination. The story of the failure of passing the legislation itself has never appeared anywhere else.
Although it is an advanced country and a place to start and provide solutions to the financial crisis, I finally found that they, like us, are no different from destroying the spot market itself in a political game.
When Lee Sang-hoon arrived at the place where Im Se-jong was told to come, the cars arrived one after another into the building. Some people drove themselves, and others came with a driver.
A wide variety of people got out of the car, but they all looked the same. A firm look. Their expressions seemed to reveal what the situation was like.
Lee Sang-hoon handed the car key, asked for a valet, and entered the building. The inside of the building seemed to be moving busier than the outside. It still took a few hours for the sun to rise, but this place was already moving fast, just like the company in the afternoon.
Lee Sang-hoon looked at them and got into the elevator.
“long time no see.”
“Long time no see. You struggled to come at this time.”
“It’s okay for me. Rather, President Kim here will be in trouble.”
“Surely. Still, I couldn’t sleep yesterday, so I drank wine and slept. By the way, President Jang also came. What is this?”
Excluding Lee Sang-hoon, the people in the elevator were aware of each other. It seems that the bosses of the company came to this place from dawn at the call of Sejong Lim, where they were calling each other at a sick age.
The elevator stopped at the highest point of the building. They got off, and Lee Sang-hoon finally got off the elevator. They looked at Lee Sang-hoon when they saw a young friend who didn’t care in the elevator getting off at the same place with them.
Lee Sang-hoon smiled lightly and nodded and went ahead first.
“Can you tell me your name?”
It seemed strange that the guards were standing on the general floor, not on the first floor. It would be understandable if the staff guarded it and guided it by standing, but the security of the black suit and earphones in the ear looked more severe than the lobby on the first floor.
Lee Sang-hoon told them his affiliation and name.
“This is Lee Sang-hoon of SH Partners.”
At Lee Sang-hoon’s words, the people who took the elevator together looked at him. Lee Sang-hoon suddenly lowered his head awkwardly at the gaze looking at him and went inside with a smile.
Lee Sang-hoon said his thanks to the guard who opened the door, and went inside to see the spacious seats. The long-prepared table had one microphone attached to it, reminiscent of the seats of the presidents’ meetings seen on TV.
Lee Sang-hoon sat down with the guidance. The person in the center was the most important person to sit at the very end of the table, and it seemed that the seats were allocated according to the order of importance.
Lee Sang-hoon was satisfied with just occupying one seat, but rather thanking him for the assignment to the end seat, he sat down for a while and looked around.
There were also chairs behind the table. And the people sitting at the table seemed to be considerate of having a person sitting in the back of the person who was sitting in the back of the person who was sitting in the back of the chair to talk about and exchange documents.
“If you told me in advance, I brought me. no. It is rather fortunate that I didn’t bring it. Ugh. It’s easier for me to come alone than to come with that friend.”
I thought I wouldn’t have been bored like now if I had accompanied Eunjoo Jung. However, as I thought about it, I thought that if I had come with her, the surroundings might have become noisy and might have received attention.
I thought that it would be better to stay quietly outside the gaze of other people than to get a useless gaze.
However, no matter how quiet you were, you couldn’t avoid getting people’s attention.
Among the people sitting in the seat, there were no people of the same age as Lee Sang-hoon. Most of them had gray hair, and when they sat down to read the papers, they took out glasses from their pockets.
As if it was curious that Lee Sang-hoon, who should have just graduated from university, and that it has been only a year since he actually graduated, was sitting in the seat, people were sitting and looking at Lee Sang-hoon.
Lee Sang-hoon thought that he was coming for nothing and looked at the documents he handed over, but his head was stinging.
The clock hands moved and pointed to six o’clock.
It was 20 minutes after Lee Sang-hoon sat down, and even then, people continued to enter and fill the seats. And soon after, a man came inside with three or four people on either side.
When I saw him, everyone in the seat got up from their seats, and Lee Sang-hoon followed him and stood up and noticed.
He stood in front of the center chief and began to introduce himself.
“Hello. Some people have met you, and others have met you before. My name is Jeongsu Kim, the Vice Minister of Finance.”
Lee Sang-hoon was surprised.
I thought that the seat pulled out at dawn was not an ordinary seat, and when I came, I fell asleep in the atmosphere, but I didn’t know that the vice minister would come to the seat.
However, the next words exceeded Lee Sang-hoon’s thoughts.
“In the first place, the minister should come out, but as you know, our minister hates waking up when he sleeps. The minister will be in the next seat. Today, I am presiding over the meeting on behalf of the Minister, so please understand.”
Deputy Minister Kim Jong-soo greeted and encouraged everyone to sit down and sat down. As he skimmed through the papers in his seat, he grabbed the microphone and started talking.
“As you come, everyone will know by hearing what’s going on in America today. Of course, the $700 billion bailout bill that was believed to be passed was rejected. In the aftermath, all three indexes in New York, including the US Dow Index, went into a collapse. The Nasdaq had its worst drop since the dot-com bubble burst eight years ago, and the Dow has plunged even more than it did when 911 broke. It seems that it is irrelevant to the current situation to clearly show how the American atmosphere is right now, and IBM, who enjoys the current situation with a stack of cash in the vault, fell -4%. In the case of Apple, it fell close to -20% today alone. The story of the collapse of the system is still being told in the United States.”
Lee Sang-hoon quickly scanned the documents while listening to the story of Vice Minister Kim Jeong-soo. The papers listed what happened just hours before this morning.
Lee Sang-hoon, who thought it was a simple document and did not give attention, was frightened by seeing the contents of the document.
“The circuit broke out in all South American markets where stock markets were opened at the same time, and in the case of Colombia, the president forced the stock market to close. I took special measures because I didn’t know how far it would fall if I left it alone.”
Everyone who looked at the papers made an impression. It had a bigger plunge in numbers than it was in 911.
It was the worst crash in the history of the US stock market.
“The reason I called the presidents of securities companies and domestic asset management companies here is nothing else.”
Lee Sang-hoon listened to Vice Minister Kim Jeong-soo and looked at the people again. And I realized what kind of place I am now.
‘Is it really a presidential meeting?’
Although I thought the seat was like a meeting of the presidents’ meeting, I didn’t really think that the presidents of each securities company and asset management company would have gathered.
Sometimes I heard that when something important happens to the country, the bosses of securities companies gather and hold a meeting. And after their meeting, I heard that Jisoo moves in the desired direction. Lee Sang-hoon was surprised that he had been brought to such a place.
“If left as it is, it is as obvious as seeing a fire that the market will collapse. Isn’t it? And when the market collapses, there are serious problems with our work. Today, the current account is ready to be announced for August, and the current account deficit in August is $4.7 billion. This year’s current account deficit of 10 billion dollars is the goal, and half of that 10 billion dollars was filled in August. How do I announce this? Now, I have a lot of troubles.”
Lee Sang-hoon lowered his head slightly, raised his right corner of his mouth and held back his laughter.
Hearing this from the mouth of the Vice Minister of Finance made me feel new.
“I think it would be best to leave it natural. Leaving judgment on the market… … .”
Vice Minister Kim Jung-soo said, looking at the person who spoke with cold eyes.
“It means that the current account deficit in August is $4.7 billion. Should I tell you twice? Does President Kim feel like a joke right now?”
The person who spoke to Vice Minister Kim Jeong-soo’s words bowed his head and could not finish his speech.
korean novel God of stocks chapter 416
Previous
|
ToC
|
Next