New Employees With an Annual Salary of 1 Trillion Won - Chapter 42
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This chapter was translated by Lunox Team. To support us and help keep this series going, visit our website: LunoxScans.com
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Chapter 42. Madness (2)
Leaving behind the employees sluggishly heading home from work, I headed to the Nexfin Office.
Colleagues had already gathered around the Branch Manager, and when I arrived, the Branch Manager began to speak.
“We have sold all the stocks you were holding. The total is 80 billion won, and the full amount has been deposited into the Private Fund Account.”
“Is it really 80 billion won?”
“Then how much did we make?”
“If it’s 80 billion, how many apartments is that?”
“Thank you so much! Employee Lee really worked hard too!”
Colleagues pouring out words in overwhelming emotion.
Meanwhile, Manager Kim even checked the staff account to confirm that 80 billion won had been deposited.
“As mentioned, we plan to reinvest the entire amount. I’ll ask one last time. Is there anyone who opposes this?”
“….”
Everyone was just watching each other’s reactions.
Then, Manager Kim cautiously raised his hand and spoke.
“I have a wedding coming up in March… I’m in urgent need of funds.”
“How much do you need?”
“Could I withdraw 100 million? I’m exactly 100 million short for buying a house.”
This wasn’t like Manager Kim’s usual behavior.
It seemed he really was short on wedding funds and had no choice but to withdraw money.
For Manager Kim’s sake, the Branch Manager smiled and suggested a solution.
“Withdrawing money from the account creates various problems including taxes. But there’s a way to arrange 100 million without taking money out of the account.”
“Is there really such a method?”
“We bundle the amount in the account as Equity Shares, then take out a loan using those shares as collateral. Of course, our Fund will provide it at the lowest interest rate.”
Manager Kim tilted his head.
Everyone except the Branch Manager didn’t understand the concept of equity share loans.
“Isn’t taking a loan the same as withdrawing from the account in the end?”
“It’s very different. Fund collateral loans are exempt from taxation. It’s also a method that American Rich frequently use.”
“If you could do that for me, I would be truly grateful.”
“If anyone else suddenly needs funds, please let me know anytime. I’ll arrange it the same way.”
Income and debt.
Even though it was the same 100 million, the concept was completely different.
Although interest had to be paid, it was a very cheap amount compared to paying taxes, so there was no reason to refuse this method.
“Then I can continue participating in investments too?”
“Of course. And someday the day will come when the investment concludes. When that time comes, I’m thinking of distributing funds this way.”
“Tax reduction is good, but isn’t it debt that has to be repaid someday? And considering inheritance later, it seems like it would become too complicated.”
It was a question from the Department Manager who had a Patent Attorney License.
He was very interested in inheritance-related issues, and since his son was becoming an adult, it was a realistic concern.
“Korea is a country with high inheritance taxes. That’s why I recommend keeping assets in Private Fund Accounts even more. That way you can use various Tax Reduction Methods and reduce the taxes you have to pay right now.”
“Is it the American method?”
“Isn’t the United States ahead of Korea in terms of Financial Engineering? Various proven methods already exist.”
Everyone nodded their heads.
Since they could utilize funds without paying taxes, there was no reason to withdraw money.
“What do you think, Employee Lee?”
“I’ll just keep the funds in my Account. And I plan to actively utilize the Equity Shares loan method.”
“If the Youngest Employee says so, I should follow too. Well, someone with 40 billion in assets says so.”
“There’s still no money that has actually entered my Bank Account.”
“Still, you’re definitely someone with 40 billion in assets. If you have a lot of money, I should call you Older Brother, but I wonder if it’s okay to keep calling you Youngest Employee.”
Actually, I had also considered withdrawing money.
Because there was money needed for my Family.
But if flexibility was possible like this, there was no reason to withdraw funds.
“Well, the money issue seems to be resolved, so shall we talk about the next investment?”
“By any chance, is the next investment in United States IT Companies?”
“Manager Kim seems very interested in United States IT Stocks.”
“Whenever I turn on the TV, news comes out about Stock Prices skyrocketing, so I know even if I don’t want to.”
“Information that everyone knows no longer has value.”
There was a saying that when Housewives jump into the Stock Market, it’s the end.
That was exactly the situation now. It had become common to see people bringing even their pocket money to invest in IT Stocks.
“Then, where are you thinking of investing?”
“This investment might be somewhat risky. It’s difficult to tell you in detail. If information leaks, variables will occur.”
“By any chance, does Employee Lee know where we’ll invest?”
“Of course he knows. This investment started from Employee Lee’s idea.”
It was too much of an exaggeration.
Of course, I was the one who brought up the IT bubble collapse, but it was the Branch Manager who established the investment strategy.
I had merely added a few words to the discussion.
“If the Youngest Employee gave the OK, then I’m OK with it too.”
“Our youngest has incredible intuition for these things.”
“And if we tell Manager Kim, won’t the rumor spread nationwide within a week?”
“Why me!”
“Everyone knows you have a loose tongue. After one glass of alcohol, you’ll spread it all over the neighborhood.”
“….”
Everyone completely trusted me.
But how could they not trust me when 100 million had become 4 billion?
Thanks to this, a massive shackle had been completed, and the moment this investment was also finished.
I would be able to create an absolutely unbreakable shackle.
***
Laughter never ceased at the Cali Fund Korea Office.
Especially Representative Oh Chang-jin, who poured out laughter like a madman.
“How many percent did it rise in just one month?”
“It rose 20%. The profit exceeds 40 billion won!”
“I have no idea what Branch Manager Kang Dong-ju was thinking when he sold such a goldmine! Hahahaha!”
Representative Oh Chang-jin had already repeated the same question five times.
That’s how explosively the stock prices of Saera Technology and Dream Rain were rising.
“He probably worried about market manipulation. There was a downward trend during the first week right after the acquisition.”
“If you’re scared of manipulation, you shouldn’t step foot in the stock market. To miss out on 40 billion because he couldn’t endure just one week. Kuhahaha!”
“It seems Branch Manager Kang Dong-ju’s reputation that we heard about on Wall Street was just a bubble.”
“The reputation itself isn’t false. It’s just gotten rusty. When you live comfortably in Korea, even blades become dull, and eventually rust sets in.”
There was a reason Representative Oh Chang-jin was particularly delighted.
Cali Fund Headquarters was also highly evaluating this stock acquisition.
“Headquarters contacted us again. According to the Analysis Team report, Saera Technology’s stock price is predicted to continue rising.”
“Branch Manager Kang Dong-ju must be feeling quite bitter inside.”
“But isn’t it too risky to lend Cali Fund’s name to someone who’s lost his touch?”
“If we can crush Tiger Fund Korea Branch, that level of risk is worth taking. It’s not like our actual money is going in anyway, right?”
Representative Oh Chang-jin found Branch Manager Kang Dong-ju irritating.
He should operate using the Hedge Fund Method like Tiger Fund Headquarters, but his behavior of pretending to be a Private Equity Fund in Korea was annoying.
“What if Tiger Fund ends up withdrawing from Korea entirely?”
“Competitors should be cut down early. Sorry for Branch Manager Kang Dong-ju, but the Korean market is too small even for Cali Fund alone.”
“If their next investment fails, Nexfin and Rollbook will also fall into our hands.”
CEO Oh Chang-jin coveted everything Tiger Fund possessed.
Among them, he especially wanted to get his hands on Nexfin, which was collaborating with major US IT companies.
“For that to happen, Branch Manager Kang Dong-ju would need to fail spectacularly. A simple failure wouldn’t make them hand over Nexfin and Rollbook.”
“Still, wouldn’t he practice risk management?”
“If it’s an investment that even borrows Cali Fund’s name, it’s likely leveraged short selling. Short selling can be properly screwed over with just a little interference.”
Short selling failures were common.
And those who knew best how to induce such failures were none other than the Wall Street hyenas.
“Are you thinking of revealing the short selling positions?”
“Rather than ‘revealing,’ it would be more accurate to say we’re simply sharing information with a few places.”
“That’s right. We merely shared information, and whatever the market forces do afterward has nothing to do with us.”
“Various forces will attack aiming for a short squeeze. Then Tiger Fund will face a liquidation crisis, and when we lend them money with Rollbook and Nexfin as collateral, we can naturally acquire them, right?”
A fishing method to catch big fish without a fishing line.
To be precise, it was a method of scooping them up with a net when the fish exhausted themselves fighting each other.
Cali Fund just had to wait.
“I hope Branch Manager Kang Dong-ju moves quickly.”
“He’ll move soon. We’re thoroughly monitoring Tiger Fund’s movements.”
“We’ll enter 24-hour surveillance mode.”
“If we can just get our hands on Nexfin and Rollbook, the Korea Office can also be promoted to a branch. Focus.”
Oh Chang-jin had always been dissatisfied with the title of ‘Office Representative.’
Branches had much more autonomy and fund management authority than offices, and just bringing down Branch Manager Kang Dong-ju could bring him closer to that goal.
***
Tiger Fund Korea Branch.
Branch Manager Kang Dong-ju quietly called for the Deputy Branch Manager.
“The returns were quite decent.”
“We focused on large-cap stocks but achieved over 8% returns. The outlook going forward isn’t bad either.”
The Deputy Branch Manager was fully investing the Korea Branch’s 600 million dollars in operating funds.
Despite the 8% returns, his expression was somehow filled with regret.
“Why do you look like that?”
“If we had a more aggressive portfolio, 15% would have been possible. I know Headquarters actually exceeded 15%.”
“Our return rate is only half of that.”
“We did our best, but with large-cap stocks alone, this was our limit.”
To the Deputy Branch Manager who spoke with a dissatisfied voice, the Branch Manager said something unexpected.
“8% is sufficient. Now begin the cash conversion.”
“Complete liquidation? There’s still upward potential remaining.”
“You’re disappointed with the 8% return rate, aren’t you? That’s why we need to move our funds somewhere that can generate bigger profits.”
“Is there such an investment opportunity? As expected, Branch Manager, you had a plan all along!”
The Deputy Branch Manager’s expression brightened instantly.
His frustration over the low return rate compared to Headquarters was immediately cleared by the Branch Manager’s words.
“Of course there is. But timing is everything for this investment. We need to liquidate quickly and wait.”
“Could I know a little about the investment direction?”
“Just know that it’s short selling.”
“Ah! So that’s why you signed that contract with Cali Fund? Now I completely understand your deeper intentions, Branch Manager.”
The Deputy Branch Manager prepared for selling with a joyful face.
But if he knew the next investment target was short selling IT technology stocks, could he maintain that smile?
He still believed IT stock prices would continue to rise.
“Contact Cali Fund as soon as the profit liquidation is complete.”
“Actually, they contacted us today. They said everything is ready and just asked for the signal.”
“Cali Fund seems more impatient than us.”
“Their strangely friendly tone keeps bothering me.”
You should be careful when competitors are friendly.
Especially on Wall Street, in such cases, it meant they saw you as a sucker.
“They want to step on us.”
“Is it okay to join hands with such a Cali Fund?”
“We have our own schemes too. Who gets devoured will only be known when we go to the end.”
Branch Manager Kang Dong-ju licked his lips.
The bigger the prey, the greater the satisfaction.
Cali Fund Korea Office was quite a delicious hunting target.
New Employee with 1 Trillion Won Annual Salary Chapter 42
E-book Publication Date | 2025.11.27
Author | Seo Oh
Publishers | Heo Heung-beom, Park Geon-won
Publisher | Poten
Address | [04783] 10th Floor, 8 Yeonmujang 11-gil, Seongdong-gu, Seoul
Phone | 02-6320-8500
Fax | 02-6320-8585
ISBN | 9791175305892
Price | 100 won
ⓒ Seo Oh 2025
This e-book is a copyrighted work protected by copyright law.
This e-book is published under the author’s contract, and unauthorized reproduction, copying, distribution, and sharing are prohibited without written consent from both parties.
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This chapter was translated by Lunox Team. To support us and help keep this series going, visit our website: LunoxScans.com
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