New Employees With an Annual Salary of 1 Trillion Won - Chapter 75
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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 75. The Poisoned Chalice (5)
Thanks to the 50% Discount Coupon event, I was able to catch my breath for a moment.
The people who received the coupons brought life back to the Max Coffee Store once again.
Meanwhile, I moved to the Tiger Fund Office to meet with the General Manager.
“It looks like your plan is all set. Your expression seems quite resolute.”
“To fundamentally resolve this situation…, I’ve reached the conclusion that we have no choice but to attack Hanyang Dairy head-on.”
“The father must ultimately take responsibility for what the son has done. So, how do you plan to attack?”
A half-hearted attack would actually backfire.
A Large Corporation wouldn’t run away just because an earthworm was wriggling.
We needed to shake Hanyang Dairy’s foundation entirely for this fight to end.
“I plan to use Short Selling.”
“That could be a good attempt. If we can shake Hanyang Dairy’s corporate value through Short Selling, it would certainly be a strong counterattack. However, Short Selling doesn’t always work.”
Short Selling was a double-edged sword.
Without definite negative factors, I could end up getting stabbed instead.
But if I could find Hanyang Dairy’s negative factors, it was also a method that could deal a fatal blow.
“I’m currently tracking several negative factors.”
“For example?”
“First, I’m gathering evidence that they’re illegally supporting Giant Coffee.”
“That’s quite a valid attack point. There’s potential for fair trade law violations, shareholder interest damage, false disclosure, and even Paper Company operations could be involved.”
If we looked into it seriously, there were plenty of problematic elements.
Small business owners wouldn’t even dare to touch this, but we had the financial power and strength to do so.
“I’ve also secured evidence that some Materials including Coffee Beans are being directly supplied by Hanyang Dairy.”
“I’ll handle the Paper Company matter. There’s definitely a Paper Company that pays Giant Coffee Employees’ salaries. If we follow that trail, Hanyang Dairy will come up.”
“Can you find it that easily?”
“It’s not easy, but there are fund flows visible to those who know what to look for. Paper Company operations are also Wall Street’s specialty.”
Wall Street had evolved alongside the history of Paper Company operations.
Tiger Fund was also using Ghost Company operations, walking the line between legal and illegal.
How much effort and development had gone into deceiving the IRS?
To the General Manager’s eyes, having been part of Wall Street, Ghost Company operations created by Korean Large Corporation would probably look like child’s play.
“And I’ve discovered several other issues as well.”
“Hanyang Dairy is a consumer goods company. There needs to be an issue that can move public opinion to affect the stock price.”
“Have you heard of inventory dumping?”
“You mean the method where Headquarters forcibly pushes inventory onto franchises?”
Hanyang Dairy had been consistently profitable.
But the franchises’ profits were continuously declining.
As a result, there were suspicions that Headquarters was pushing the inventory burden onto them.
“There were quiet complaints raised last year too, but it fizzled out when the Store Owner who reported it ended up facing legal action instead.”
“So you want to bring that back to the surface.”
“A Store Owner alone would have difficulty, but if we provide financial support, the story could be different, couldn’t it?”
In the end, money was the problem.
The Store Owners couldn’t easily speak up because their livelihoods were at stake.
Moreover, they couldn’t readily open their mouths because they couldn’t even see the probability of winning.
“Still, moving the Store Owners’ hearts won’t be easy.”
“If the media covers it first, I’m confident they’ll change their minds.”
“Hmm, for the media to react, there needs to be solid evidence or movement from Government Agencies.”
Through the Hanseo Bank acquisition battle, I truly felt the power of the media.
The moment the media stepped in, the game was turned upside down, and ironically, the larger the corporation, the stronger the pressure they faced.
Especially consumer goods companies like Hanyang Dairy had to be sensitive because their sales could plummet rapidly depending on public opinion.
But for Media Warfare, the General Manager’s help was desperately needed.
No matter how much money I had in my account, moving the media right now wasn’t an easy task.
“Isn’t there a way to wage Media Warfare?”
“There’s a place that needs to move before Media Companies. Government Agencies need to move for the media to follow.”
“What do you mean exactly?”
“Acts like inventory dumping can be interpreted as accounting standard violations, or in severe cases, even accounting fraud. The Financial Services Commission is exactly the organization that handles such distortions.”
The moment I heard those words, the Financial Services Commission Chairman’s face came to mind.
His words telling me to visit anytime were still vivid.
“If the Financial Services Commission Chairman moves personally, it would certainly be a great help.”
“There’s no need for the Chairman to move personally for something like this. Just a few staff members stepping forward would be enough to verify it.”
“Even if just an investigation team from the Financial Services Commission shows up, the media will definitely react.”
“No matter how good the materials are, you need to season them. I’ll meet with the Economic Reporters myself.”
The General Manager spoke as if he had planned this in advance.
That’s why I could gain even more confidence and speak about the next plan.
“We’re planning to invest the 470 billion won from Nexfin employees’ accounts into short selling Hanyang Dairy.”
“Hmm, that’s a bit problematic.”
“Why is that?”
For the first time, a negative reaction came from the General Manager’s mouth.
Was there some other problem?
Since the General Manager’s face had also turned serious, I waited tensely for his words.
“We should use fund money together too.”
“What do you mean?”
“For such a major event, the fund should also see profits. Wouldn’t it be fair to go 50% employee funds, 50% fund money?”
“Would that be alright?”
“Why do you keep trying to do everything with personal money? Employee Lee is the Deputy Branch Manager of Tiger Fund Korea Branch. We should take care of the company too. That way the fund has justification to move.”
There was nothing bad about it for me.
It meant the funds I could manage would increase even more.
“But would we really need that much money to short sell Hanyang Dairy?”
“Hanyang Dairy’s market cap is roughly around 400 billion won. Actually, just the Nexfin employees’ financial power alone could acquire the company’s management rights and have money left over.”
“I also looked at the materials. Their cash and liquid financial assets were at the 100 billion won level.”
“It’s a scale where hostile M&A would be possible with just Employee Lee’s funds.”
Hanyang Dairy was a company with a fairly sound financial structure.
That made sense since it was a company that didn’t engage in debt management even during the IMF crisis, steadily accumulating cash.
It was cash accumulated by squeezing store owners. But no matter how much cash they had, it couldn’t compare to a fund’s capital power.
“So it doesn’t seem like we’d need that much money.”
“I think the same. About 200 billion won would be enough to secure a solid short selling position and have money left over.”
“But I’m not sure if there would be that much short selling volume available. Since it’s a Korean company, not American, wouldn’t the short selling volume be relatively small?”
Korea did allow short selling, but there were many restrictions.
The available borrowing volume was limited, and there weren’t many market participants.
“If we go through multiple brokers, securing volume won’t be a problem. And there’s no law saying we can only short sell borrowed shares.”
“Is there another method?”
“We directly buy physical stocks, then throw them back into the market.”
“Then wouldn’t we also take losses?”
“If we dump them early, the losses won’t be that big. And since we can make more profit through short selling, it won’t be a problem.”
It seemed like a strategy focused more on stock price decline than profit.
Certainly, if physical stocks and short selling volume were combined, it seemed like we could create stronger explosive power.
“Are you buying Physical Stocks from the market?”
“Then the Stock Price would rise. So we should buy Equity Shares through Block Deal method. And only up to exactly 4.9%.”
“Is it because holding more than that would require disclosure?”
“There’s no need to make a declaration of war by disclosing unnecessarily. Short Selling originally yields bigger profits when you launch surprise attacks.”
As long as there were sufficient Funds, there were countless ways to drop Stock Prices.
And Tiger Fund was an Organization that knew all those methods.
“I’ll prepare very thoroughly.”
“We can’t beat Hanyang Dairy by making milk, but conversely, Hanyang Dairy can’t beat us in finance.”
“I’ll go meet the Store Owners!”
The General Manager was already confident of victory.
And I ran around personally to increase our chances even a little more.
***
Today I left work early and headed Home.
My Younger Brother, who had also finished training early, was at Home, and we watched TV while eating Chicken.
“Older Brother, why do you suddenly want to watch a Program we never watch? Let’s just watch Game broadcasts.”
“How can someone who plays baseball like Game broadcasts more than baseball?”
“Baseball is my job and games are my hobby. Let me enjoy my hobbies at Home.”
“Be quiet and watch this. It’s related to our Home too.”
“Huh? What do you mean by that?”
Before I could answer, the commercials ended.
And the Public Broadcasting investigative reporting Program began.
[Robbery wearing the mask of mutual prosperity. The inside of white milk is black. We report its true face.]
Along with the MC’s words, the Hanyang Dairy Head Office Building was shown in close-up filling the screen.
This was followed by interviews and recordings with Store Owners.
“Just take it when I give it to you! Hey! Do you think I’m a pushover?”
“Manager, I really want to take it, but I already have over 2,000 in debt. It’s really difficult.”
“I’ll take care of you later. So just fucking take it! Can’t you hear what I’m saying?”
It was a conversation between a Head Office Employee in his early 30s and a Franchise Store Owner in his late 50s.
The Head Office Employee hurling profanities, and the Franchise Store Owner bowing his head and constantly groveling.
With the acting of Reenactment Actors added, the atmosphere became increasingly heavy.
My Younger Brother, who was watching the broadcast, couldn’t help but curse.
“Wow, are they really crazy? Is that how you treat someone old enough to be your father?”
“Headquarters and franchises are basically a class society. Headquarters are nobles and franchises are commoners, no, slaves.”
“Where are there nobles and slaves in today’s world? Are they really insane?”
The broadcast didn’t end there.
Soon the screen switched to a columbarium, followed by an interview with the Franchise Owner’s Family.
[We sold our house and even took out private loans to handle the inventory sent by Headquarters. We believed their promise that they’d make it up to us someday…]
The sad story of one family was also reported.
I couldn’t bear to watch the broadcast any longer and changed the channel.
“But why is this related to our home? Does Father by any chance run a Hanyang Dairy franchise?”
“No. It’s not our store, but the Store Across the Street belongs to Hanyang Dairy.”
“What! Then are we fighting with Hanyang Dairy right now?”
My surprised Younger Brother jumped up from his seat.
And he picked up a Baseball Bat, though I wasn’t sure what he intended to do with it.
“Are you planning to smash things up?”
“I have to do something!”
“Older Brother is handling it. Can’t you tell from watching the broadcast? Now it’s Hanyang Dairy’s turn to get beaten up.”
“So, did we win?”
“It’s not over yet, but there won’t be any more damage to Parents’ store. So put down that Bat.”
I wondered if I should have mentioned it.
But my Younger Brother needed to know about the family situation.
“Why did Hanyang Dairy target Parents’ store?”
“Because business was going well, so they wanted to acquire it. But now they’ll be too busy protecting their own stores. There will be continuous interesting news breaking, so just sit back and enjoy the show.”
The difficult period was now over.
Since today was Friday, the Hanyang Dairy story would spread nationwide over the weekend.
And since all attacks including full-scale Short Selling were scheduled to be executed starting Monday, that was also why I brought up the Hanyang Dairy topic with my Younger Brother.
“So I just need to curse at Hanyang Dairy?”
“Yes. That’s enough. Making the entire nation curse at Hanyang Dairy is the core of this operation.”
A brand that earns the resentment of the entire nation.
In other words, a ‘boycott movement’.
That was the pinnacle of the Hanyang Dairy collapse strategy I had designed.
Annual Salary 1 Trillion New Employee Chapter 75
E-book Publication Date | 2025.11.27
Author | Seo Oh
Publishers | Heo Heung-beom, Park Geon-won
Publishing House | 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, so 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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