New Employees With an Annual Salary of 1 Trillion Won - Chapter 84
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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 84. New Connections (4)
Andersen Accounting Firm.
As one of the Big 5 Accounting Firms in the United States, a massive amount of work poured in, and the employees were always suffering from work overload.
Especially those holding higher positions had many things to worry about.
Partner-level employees suffered from excessive workload.
They had to handle tasks that couldn’t be delegated to others alone, such as client company management, risk response, and final report approval.
David Duncan was also in such a situation.
Kim Do-yoon approached him as he was struggling with work alone late into the night.
“What’s keeping you so busy alone? You’re suffering even more after becoming a partner.”
“Mr. Kim? What brings you here?”
“I just wanted to see your face after a long time.”
“We’re not that close, are we?”
David was wary of Kim Do-yoon.
Though they were colleagues who joined The Company in the same year, he had never once thought of him as a colleague.
Although Kim Do-yoon’s performance was superior, since he was the one who signed the partner contract first, he felt complicated and uncomfortable emotions toward him.
“Actually, I came to ask you for a favor.”
“You have a favor to ask me?”
“…I want to become a partner too.”
“Why are you telling me that? You should go find The Company’s management and tell them.”
David swallowed his inner sneer.
He even felt satisfaction seeing Kim Do-yoon, who always held his head high proudly, now bowing his head.
“I’ve finally realized that performance isn’t what’s important. Connections are more important than performance.”
“So what do you want me to do about it?”
“Please help me! If you step forward, you can easily make someone like me a partner.”
“So why should I?”
Kim Do-yoon’s desperate appearance.
However, David felt no emotion since it wasn’t his concern.
He had neither the intention nor the leisure to listen to a loser’s complaints, so he only wished he would leave quickly.
But David straightened his posture at Kim Do-yoon’s following words.
“I’ll work under you for one year. You know my skills, right? I’ll take on all the annoying and difficult tasks. So please help me.”
“Just 1 year? Do you think becoming a partner is that easy? You’ll need to work under me for at least 2 years before management will even look at you again.”
“Can you promise partnership in 2 years?”
“I can’t promise it, but the possibility will be much higher than now, right? I’ll personally go to management and ask for you.”
David was trying to exploit a desperate person’s heart.
He had no intention of making Kim Do-yoon a partner, but wanted to keep him under his control and use him.
“You’re saying 2 years will really be enough? Alright. Then I’ll take care of all the dirty work under you for 2 years.”
“Then shall we start with shredding? These are such important materials that I can’t entrust shredding to just anyone. It’s work that only someone who’s worked at our company for 15 years should be able to do.”
Thud!
David threw a bundle of materials at Kim Do-yoon’s feet.
It was to create a humiliating scene, and Kim Do-yoon picked up the materials and moved toward the shredder just as David intended.
‘Company life is going to be fun.’
David felt his stress being relieved for the first time in a while.
It felt like the headaches that had tormented him daily from excessive work had disappeared in an instant.
Just the thought that someone who was his peer but more skilled than him was now working under him brought a smile to David’s lips.
***
I was having a perfect week.
While the General Manager was away in the United States, I was able to enjoy company life following the same routine every day.
Coming to work at 7:51.
I felt a strange satisfaction every time I opened the curtains.
Just as I finished all my morning routines and was about to enter my private office with a cup of coffee.
Zing!
A message arrived from the General Manager.
[Please check Tiger Fund Korea Branch materials]
It was the moment my routine was broken.
Since these were materials I couldn’t check at the Nexpin Office, I had to head to Tiger Fund.
“Deputy Branch Manager, you’re here? The General Manager sent an enormous amount of materials.”
“Has the Branch Manager checked them?”
“I’ve only been downloading and organizing the materials so far. Let’s check them together.”
I checked the materials together with Branch Manager Song.
Most of the materials were filled only with numbers, and even with a quick glance, I could tell what kind of materials they were.
“Enron’s accounting records?”
“These are materials we obtained through Andersen Accounting Firm, which manages Enron’s accounting. They asked us to check if there are any suspicious parts.”
All the Tiger Fund Korea Branch employees got involved.
To find suspicious parts in the fund flow, they held calculators in one hand and stared intently at the materials.
I examined the materials a bit differently.
While looking at the materials, I listened for any discordant sounds, and confirmed that several materials were producing strange noises.
“This part seems a bit strange!”
“What’s strange about it?”
“Transfers are only occurring on the 1st of every month at 3 PM.”
Repeating number patterns.
It was one of my favorite things, but having such patterns in accounting data was strange.
And strong discord was flowing from this pattern as well.
“It’s definitely strange.”
“The transfer destination is Starwell Investment. We need to investigate this place intensively.”
“Everyone investigate Starwell thoroughly!”
I immediately scanned through other materials.
It was more interesting than I thought.
By following the repeating patterns, I could soon find identical patterns in other materials.
After flipping through dozens of pages like this, I could now predict the patterns, but at some point the pattern completely disappeared and the fund flow was cut off.
“This is strange too. I can see traces of manipulation in the original Excel file. The metadata is all attributed to one person as well.”
“You mean Horizon Energy?”
“This also looks highly likely to be a ghost company.”
“I’ll start the investigation right away!”
We continued the investigation in this manner.
When I found materials that produced discordant sounds, the Branch Manager gave instructions to the employees.
With clear division of labor in progress, the work speed noticeably increased, and we were able to finish the classification before afternoon work hours.
“The remaining materials don’t seem to have any particular issues.”
“Just the ghost companies that the Deputy Branch Manager found already exceed 10. This should be more than enough. Let’s organize this and send it to the General Manager.”
“I’ll head back to Nexpin now.”
“You really worked hard. Without the Deputy Branch Manager, we would have been doing classification work for days.”
I didn’t have time to listen to the Branch Manager’s praise.
To fit the morning routine into the afternoon routine, every minute and second was precious.
***
Tiger Fund Headquarters.
General Manager Kang Dong-ju distributed the materials from the Korean Branch to the headquarters employees once again.
“These are the places suspected of being ghost companies. We’ve found all the suspicious circumstances, so now find the evidence.”
“How do we find it?”
“You can go directly to the ghost companies and take photos, or you can check if they’re actually doing energy development as written in the contracts. Everyone use your heads to the fullest to find evidence!”
Over 10 ghost companies.
Securing evidence from even one of these would be sufficient.
Moreover, thanks to the materials from the Korean Branch, securing evidence wouldn’t be difficult.
“You’re working hard from early morning.”
“Chairman, you’re here!”
“How did you find so many ghost companies in just one day? Even with help from an accounting firm, it would be difficult to do this in a day.”
“Why would we spend big money on accounting firms? Through the Korean Branch, we can get results like this in just one day.”
Chairman Robertson briefly examined the amount of materials.
It was absolutely not an amount that could be finished in one day, and considering the number of employees at the Korean Branch, it was even more impossible.
“Haha, I’m really curious what the Korean Branch does. Did Deputy Branch Manager Mr. Lee do this by any chance?”
“That’s right. Both creating the Enron short selling plan and analyzing the accounting data were all led by Mr. Lee.”
“He’s too good to keep at the Korean Branch. How about bringing him to headquarters with this opportunity?”
If Lee Jung-hoo had heard this, he would have been shocked.
Since he was working to stay at the company.
If he had received orders to come to headquarters, he would have immediately thrown away his deputy branch manager position.
“His experience is still short and he’s too young. And there’s still a lot of work left to do in Korea.”
“Hmm, he is quite young indeed. Then I should visit the Korean Branch sometime. I’d like to see with my own eyes how the deputy branch manager works.”
“If the opportunity arises, I’ll personally escort you to Korea.”
General Manager Kang Dong-ju wanted to show off.
He was filled with the desire to directly show Chairman Robertson Lee Jung-hoo, whom he had discovered and nurtured, and boast about him.
“First, we need to finish this job well before going to Korea, don’t we? Do your best.”
“It depends more on you than me, Chairman. We’ve secured almost all the evidence now, so please take care of the next step.”
“You mean the SEC and political circles? It’s election season, so everyone is thirsty for issues. Once we get solid evidence, I’ll make sure hearings can be held immediately. More importantly, how are the short selling preparations going?”
The accounting manipulation incident had no public purpose whatsoever.
Money was the sole objective, and for this, building short selling positions was crucial.
“We plan to apply 5x leverage to $1.2 billion to build a total short selling position worth $6 billion. We’ve already completed $4 billion worth so far, and we plan to finish the remaining positions within this week.”
“That’s just right. Enron’s market cap was $70 billion, wasn’t it?”
“That’s correct. If short selling positions exceed 10% of market capitalization, it could raise suspicions of market manipulation later during SEC or accounting audits, so it’s safe to stop at the 10% line for now.”
After calculating everything, Kang Dong-ju entered short selling at the precise timing.
Even though he was managing funds worth over $10 billion, the actual funds he could deploy were limited to $1.2 billion.
Above all, short selling positions exceeding 10% of market capitalization would not only make it difficult to secure borrowing volume but also be a dangerous choice that could potentially lead to market manipulation charges.
“A $6 billion short selling position isn’t bad, but won’t it be insufficient to meet the profits you promised?”
“Enron is just the beginning.”
“Really? I suppose there are more companies involved in accounting manipulation.”
“The Korea Branch is diligently analyzing data. We’ll be able to find new companies for short selling soon.”
Kang Dong-ju trusted the corporate credit scoring system that Lee Jung-hoo had created.
According to that system, at least three or more companies were showing abnormal signs, and starting with Enron, he planned to proceed with short selling on the other two companies sequentially.
“Is the Korean Deputy Branch Manager handling all of that too?”
“That’s right. Mister Lee created the system itself that can identify companies with accounting manipulation.”
“Haha, then we’ll be able to continue having fun like this. At this rate, our Tiger Fund will become famous as a short selling specialist fund.”
Being a short selling specialist fund was definitely not a good image.
After all, it was a structure that made money only when stock prices fell.
That’s why Chairman Robertson spoke with some concern, and Kang Dong-ju added words to alleviate such worries.
“While we’re making profits through short selling in the short term, we’re securing equity shares in companies with high growth potential in the long term. We absolutely won’t be branded with the stigma of being a short selling specialist fund.”
“Well, that’s a relief then. I’ll trust only you.”
“I’m also trusting only you, Chairman.”
“Don’t worry about political lobbying. I’ll put on a show faster and bigger than you think.”
Chairman Robertson smiled as brightly as a child.
He was feeling the excitement of his active days for the first time in a while, and since he had passed the heavy burden of being chairman to Kang Dong-ju, he could enjoy his work even more pleasantly.
Annual Salary 1 Trillion New Employee Chapter 84
The New Employee with a 1 Trillion Won Salary – Chapter 84
E-book Publication Date | 2025.11.27
E-book Publication Date | November 27, 2025
Author | Seo Oh
Author | Seo Oh
Publishers | Heo Heung-beom, Park Geon-won
Publisher | Heo Heung-beom, Park Geon-won
Published by | Poten
Publisher | Poten
Address | [04783] 10th Floor, 8 Yeonmujang 11-gil, Seongdong-gu, Seoul
Address | [04783] 10th Floor, 8 Yeonmujang 11-gil, Seongdong-gu, Seoul
Phone | 02-6320-8500
Fax | 02-6320-8585
ISBN | 9791175305892
List Price | 100 won
ⓒ Seo Oh 2025
This e-book is a copyrighted work protected by copyright law.
This e-book is published under contract with the author, 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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