New Employees With an Annual Salary of 1 Trillion Won - Chapter 93

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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 93. The Designer (3)

 

This was the first time I had seen the General Manager so lost in thought.

 

It wasn’t just any matter, but something related to political circles, which seemed to deepen his concerns.

 

“Do you think the Republican Party will win this election?”

 

“It seems highly likely that Presidential Candidate Bush will become president.”

 

“Hmm, this election is expected to be one of the closest races in history. Even the approval ratings show it’s neck and neck. But do you have a reason for predicting Bush’s victory?”

 

It wasn’t because of any other reason.

 

It was because the Republican Party was necessary for the gear structure I had planned and created.

 

“I analyzed materials on American political circles for this matter. I confirmed that a lot of funds from Wall Street are flowing to the Republican Party, and it aligns with the trends of the times.”

 

“Hmm, so you judged that the Republican Party has more investment value.”

 

“And for solving the outstanding receivables problem, I determined that a Republican victory would be more advantageous for us.”

 

I had devised hundreds of plans to solve the outstanding receivables problem.

 

But none of those plans seemed feasible, and there was only one plan where the gear structure came into being.

 

That was the method of using the Republican Party.

 

It was also a plan that was only possible by supporting the Republican Party at this time.

 

Of course, I had checked all other aspects as well.

 

I had worked really hard with Accountant Kim Do-yoon to analyze related materials.

 

We were able to conclude that the Republican Party’s victory was slightly more likely.

 

“The Republican Party is certainly more friendly to Wall Street.”

 

“If Presidential Candidate Bush gets elected, it will be a great help not only for the outstanding receivables problem but also for Tiger Fund’s future.”

 

“Hmm, alright. Let’s trust Employee Lee again this time.”

 

“Even if something goes wrong, I’ll handle the receivables bond with funds from my own account.”

 

This plan was difficult to be confident about.

 

Political circles, a very complex component, were serving as the main axles.

 

“A loss of about 600 million dollars can be handled at the Korea Branch level without any problems. And we won’t hold Employee Lee personally responsible in the future either.”

 

“I said that because it’s a plan with a high possibility of failure.”

 

“Not every plan can succeed. Please have the mindset that if we lose here, we can make profits elsewhere.”

 

When I thought about it, it wasn’t really that large an amount.

 

Compared to the profits earned from short selling, 900 million dollars was a very small sum.

 

“I’ll continue to look for reliable investment opportunities. And I didn’t initially expect the Daehyun Delivery acquisition issue to spread all the way to American political circles.”

 

“When you work hard on something, the work naturally tends to grow bigger. But besides Daehyun Delivery, what other acquisitions are you planning?”

 

Daehyun Delivery was just the beginning.

 

For the plan I was envisioning, I still needed to acquire many more companies.

 

“I’m planning to acquire a department store.”

 

“That’s not a bad idea. There are quite a few department stores that went under due to the IMF crisis. So which one exactly are you looking to acquire?”

 

“Midopa Department Store. It’s currently in a state of final bankruptcy and collapse.”

 

Compared to Daehyun Delivery, this was much cleaner.

 

It wasn’t about acquiring from a company, but simply acquiring the company from the creditor group.

 

“Wasn’t Midopa Department Store around 4th place in the department store industry?”

 

“That’s correct. Their sales weren’t bad either, and it was a department store that recorded profits. But it collapsed due to parent company guarantee issues.”

 

“How much debt do they have?”

 

“It amounts to 600 billion won. The asset scale is valued at 500 billion won, most of which is real estate value.”

 

Department stores could be seen as a kind of real estate business.

 

You could only open a department store if you had large plots of land in the best locations.

 

“Hmm, if you acquire it at a reasonable price, it would definitely be profitable. You could break even just by holding onto the real estate.”

 

“So I plan to meet with the creditor group soon for negotiations.”

 

“Just because the asset value is 500 billion won doesn’t mean you need to pay full price. The creditor group is the one in a hurry. If you negotiate well, you should be able to acquire it for a very cheap amount.”

 

South Korea was currently in a state where the flow of money was blocked.

 

Especially, it was a situation where they were thirsting for dollars, and if this situation was utilized well, acquisition at a cheap price was possible.

 

“I’ll try to acquire it at a very good price. And if the creditor group makes unreasonable demands, I plan to give up on Midopa Department Store and change course to acquiring several smaller department stores.”

 

“You’ve prepared a backup plan in advance too. You won’t be dragged around by the creditor group. Well then, I’ll trust Employee Lee and head to the United States.”

 

“Are you making direct contact with the Republican Election Camp?”

 

The General Manager was already trying to leave for the United States.

 

I felt bad that I had made such a big deal out of things that only the General Manager was getting busier.

 

“I need to build connections with political circles through this opportunity too. I was already looking for a chance anyway, so thanks to Employee Lee, the timing just got moved up a bit.”

 

“I’ll finish the department store acquisition before you return from your business trip to the United States.”

 

“I hope there will be other good news too. Well then, I’ll see you next month.”

 

The General Manager stood up from his seat first.

 

He went to pack for his business trip to the United States, and watching him, I also resolved to do something that would help Tiger Fund.

 

***

 

Accountant Kim Do-yoon collected various materials for me.

 

He even provided information about various financial products being used in advanced financial countries like the United States and Europe.

 

Among them, I analyzed day and night to find products that would create good harmony.

 

And finally, I found one properly functioning gear.

 

It was a financial method still unfamiliar in Korea, and I called Accountant Kim Do-yoon to hear a detailed explanation.

 

“Accountant, what is this revolving system?”

 

“In the United States, credit cards can be considered revolving. Simply put, it’s a method of paying part of the card balance next month.”

 

“For a method popularized in the United States, the interest rate is quite high.”

 

“Although they pay 20-25% interest, it’s much better conditions than card debt cycling. And it’s a system many Americans use because it’s also good for maintaining credit.”

 

Simply put, it was a carryover system.

 

It was an unfamiliar payment structure where part of the payment amount is settled next month while paying interest.

 

“It’s a popularized service in the United States, the birthplace of credit cards, so why isn’t it widely used in Korea?”

 

“Credit cards are literally credit-centered services. But Korea hasn’t yet properly established the concept of credit, so it seems it hasn’t been popularized.”

 

“We could apply the revolving system to Hanseo Card as well.”

 

Hanseo Card’s gears were already spinning rapidly.

 

It was a very good system that could reduce delinquency rates and secure loyal customers.

 

And since it could generate profits through high interest, there was no reason not to do it.

 

“Implementation isn’t difficult. But promotion won’t be easy. Since it’s such an unfamiliar concept in Korean society, we need to promote it while also making people understand it.”

 

“Let’s think more about that problem. For now, let’s create a Korean-style revolving system first.”

 

First, I had found one method to increase Hanseo Card’s value.

 

And preparations for generating even greater profits were also progressing steadily.

 

“Actually, the payment structure setup for Soccer 2001 has been completed.”

 

“Thank you for your hard work. We’ll open at the end of this month, so please check for any potential problems too.”

 

The game payment system was also completed.

 

If we achieved even the expected sales, Neo Marvel’s value could rise several times higher than now.

 

But it still wasn’t enough.

 

Thinking of the General Manager who must be struggling in the United States, I needed to quickly handle the remaining tasks first.

 

***

 

Tiger Fund’s status was by no means low.

 

Especially when Chairman Robertson, called the legend of Wall Street, moved personally, contacting presidential candidate camps wasn’t particularly difficult.

 

“Nice to meet you. I’m Jack Oliver, responsible for finances at the presidential campaign. Chairman Robertson is still in great health.”

 

“What’s so healthy about an old man just waiting for the day to step back? Heh heh heh. Ah, this is Mike General Manager who will take over Tiger Fund after me.”

 

It was Chairman Robertson personally running around for General Manager Kang Dong-ju’s connections.

 

Oliver, who knew Tiger Fund’s situation well, smiled and extended his hand to General Manager Kang Dong-ju.

 

“I heard that Tiger Fund is making a new leap thanks to you, General Manager. You have truly remarkable investment capability.”

 

“I’ve heard many rumors about Director Oliver myself. I heard the election camp can’t function without Director Oliver.”

 

“That’s nice to hear.”

 

Though they were exchanging introductions through light conversation.

 

With the election right around the corner, Oliver, who couldn’t delay time, was the first to bring up the main topic.

 

“By any chance, is the reason you sought me out related to presidential campaign funding?”

 

“How could I call someone busier than the presidential candidate without any reason? It’s not a huge amount, but I hope it helps.”

 

“What does the amount matter? The fact that Tiger Fund is officially supporting us is more important.”

 

There was no guarantee that support ratings would rise just because Tiger Fund sponsored them.

 

Nevertheless, since making even one more ally during the presidential campaign period was important, Oliver spoke with sincerity.

 

Of course, the amount wasn’t unimportant either.

 

He was staring intently at Kang Dong-ju, pressuring him about how much he would sponsor.

 

“The official sponsorship amount is ten million dollars.”

 

“Thank you very much. I can return to camp today with my shoulders held high. But I’m a bit curious. Is there a particular reason you specified ‘official sponsorship’?”

 

Oliver was asking if there was also unofficial sponsorship.

 

Kang Dong-ju smiled meaningfully and presented a list.

 

“We also want to provide unofficial sponsorship through non-profit organizations.”

 

“That’s very good news. But may I know what the unofficial sponsorship amount would be?”

 

“We can sponsor up to forty million dollars maximum.”

 

The smile disappeared from Director Oliver’s lips.

 

Campaign finance managers are naturally delighted when receiving sponsorship funds.

 

However, when General Manager Kang Dong-ju proposed an amount reaching fifty million dollars, Oliver couldn’t just smile.

 

There was absolutely no case of sponsoring as much as fifty million dollars without any purpose.

 

“Whew, I can’t give you an answer at my level. You’ll need to continue the conversation with Advisor Karl Rove. Is your schedule alright?”

 

“If I can meet Advisor Karl Rove, I can wait for hours.”

 

Karl Rove, the actual person in charge of the camp.

 

He was the person Presidential Candidate Bush relied on most, and there were even rumors that all the strategies of the presidential campaign came from his mind.

 

“Let’s go to the camp right now. I’ll guide you. But you can really sponsor up to 50 million dollars, right?”

 

“You don’t need to worry about that part.”

 

“I’ll make sure you can meet with Advisor Karl Rove even if I have to cancel today’s schedule!”

 

Director Oliver smiled contentedly like a fisherman who had caught a big fish.

 

But General Manager Kang Dong-ju was not a fish that could be caught easily.

 

Rather, if they thought it would be easy and rushed in carelessly, they might get dragged into the sea.

 

Without knowing each other’s true intentions.

 

They hurriedly headed to the Republican Election Camp.

 

The New Employee with 1 Trillion Won Annual Salary Chapter 93

 

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 contract with the author, 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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