Chapter 50: Fighting in the Nest

In the 90s, Smecta had a distinctive feature. The first is the chaebol society, and the second is cross-border.

Kia, which was originally an automobile factory, but this product not only engaged in steel and building materials, but also engaged in housekeeping services. There are nearly 40 affiliated companies, and 30 have nothing to do with automobiles.

Okay, I'll do whatever you want to make money. You see, that's not what the richest man in the world does.

If William White knew the idea of this thing, he would probably vomit blood directly.

Nima, buddy, is that a crossover?

You don't even understand the essence, you only know to read some superficial articles. It is true that they are involved in many industries, and these are all listed companies.

Attention, independent public companies.

Ahem, it's not the same, it's still your private company.

This is really not, in order to retain the company's employees, all the companies under him have corresponding equity incentive plans.

Naturally, there are fewer ordinary employees and more senior executives and senior technical personnel. With the addition of secondary market holdings, can you say that this is a private company?

Impossible, the proportion of his personal holdings has been declining. Or take it as collateral, or sell it, in short, when he retires, it will be about 10% at most.

Your Smecta chaebol, even if it goes public, is a family business. Grandfather passed on to son, and son passed on to grandson. William White's business, not necessarily. Your son is outstanding, and of course the chances are great. If not, hehe, William White can be driven away, and your son is nothing.

"President, there seems to be something wrong with our plan. ”

"Pu Renyong, don't spit out, what the hell are you doing? Li Jianxi looked displeased, this damn bastard, will he die if he drinks less?

"I'm sorry, President, but through the investigation, we found that there is a serious problem with Kia.

They have opened a total of 14 car factories in Southeast Asia, which is like a joke, and if it is only for cars, Hyundai and Daewoo will definitely compete for it.

If it is packaged and swallowed, cough cough, president, their foreign debt has exceeded 12 billion US dollars. ”

Poof, Li Jianxi squirted out a sip of coffee, fortunately, all of it remained on Pu Renyong's face.

Smecta's workplace is even more outrageous than the book. It is better to wear a long spray of coffee on your face.

"Hell, damn it, by the way, Daewoo? No way, the debt situation of this thing, isn't it good. ”

"Not good, maybe worse than Ya. Ahem, President, it's for this reason that they are fighting for extra ferocity. ”

Hyundai, Kia, and Daewoo are Smecta's automotive triumvirate. Four-star Shenma, the ones they built belong to the factory cars, and no one buys them at all except for the company's employees.

Kia and Daewoo are the most fiercely competitive, with more than 40% of the share, which has been returned to Hyundai early on, and the remaining two are to grab the remaining 40%.

Asian financial crisis?

Great, damn it, is the next one finally going to fall?

If Hyundai succeeds, then the advantage will be expanded. More than 60% of the share, basically declared a monopoly. If Daewoo succeeds, it will be a two-strong pattern, and the gap will become quite limited. In the face of such a good opportunity, what other opportunities will be given to four stars.

Nima, you are a kind of memory maker, and you dare to be whimsical?

No, this product has a good relationship with the boss, if the government intervenes, cough cough, four-star is indeed the most suitable to take over.

Acquired by Daewoo, Hyundai will definitely jump on its feet, and it is light to engage in sabotage, and there may be some extreme actions.

So, what about being acquired by Hyundai?

Daewoo's situation is just a little better than Ariah. One is not good, this thing is also lying down and not drying, Nima, this is going to be an accident.

Memory factories make cars?

Well, as a rich second generation, Li Jianxi thinks he can. If he is in the United States, he will really have a chance to PK with William White.

Isn't Tesla just starting from scratch? Since that hairy boy can, of course the old man can too.

"Okay, Park Renyong, I see, didn't that guy just come back from Dokdo? Speaking of his own boss, Li Jianxi's face has no respect. This is also a feature of Smecta. The president is a high-risk profession, and if this is not good, it will be unlucky.

Not convinced?

Isn't that what happened just two days ago?

You see, you learn from US imperialism, why does US imperialism control conglomerates and want to carry out antitrust laws.

Isn't it just trying to cut off the chain of interests? Although it didn't cut it off in the end, it was still okay to get by.

You have the final say on who becomes the president, and if something happens, the president will take the blame.

, if you keep doing this, the final outcome will definitely not be too good.

Ahem, when it comes to Smecta, the US imperialists' set is obviously not suitable. They are playing plutocratic economy plutocratic politics, and if you make them antitrust, it is simply, and it is simply impossible to execute.

"Bankruptcy protection, bastard, when will the restructuring be completed? What is Smecta doing?"

"Ahem, boss, our people have sent back news that their chaebol has pinched up in order to compete for this cake. ”

"Bastard, shouldn't we be rescued first? Damn, Andy, let's find out how many positions and loans we have. "The boss of Da Mo is very angry, knowing that you are a chaebol economy, I dare to invest. Nima, the seventh-largest chaebol in the country, you actually allowed it to go bankrupt and protect it.

Protect your uncle, what about my money, who will protect my money.

As the younger brother of Eagle Sauce, Lao Mei naturally has nothing to worry about. You all talk about the East Asian miracle, and of course we can't afford not to invest. With a variety of investment portfolios, there are always a lot of dollars, at least a billion dollars.

Damn, if you say bankrupt now, you're going bankrupt, what will happen to my little money?

Of course, shorting the won may bring back the losses, but it doesn't matter to the previous fund investors.

What do investment banks play?

Credit!

He can pit investors for the sake of profit, but it doesn't mean that you can.

If you don't die, you won't die, this sentence is very appropriate for Smecta.

When he signed the IMF, Smecta called it National Shame Day. They even changed the IMF.

. This is Smecta's new definition for the IMF. Well, it used to be called InternationalMonetaryFund. But, whatever, sooner or later you'll know. I did lose it, but your chaebols are much more greedy than we are.

The operation against Smecta was, frankly, not in Soros's plans. An export-oriented country, you say they will be short of foreign exchange?

Ahem, anyway, Soros doesn't believe it. The performance of the stock market is also average, and real estate speculation is not supported. What oil and water can this place have?

Of course, since they died themselves, there was no reason to let it go. Smecta got one thing wrong, the investment of Goldman Sachs and Da Mo does not represent them personally.

Investing in overseas funds is different from domestic investment. This money has a high degree of risk aversion, which means that people are looking for capital preservation.

Swallow the money?

Ahem, this really doesn't work, something will definitely happen. It's a very serious problem, and no one can do that.

When others lend money to your business and chaebol, it's not just the chaebol itself that you look at. They believe that if something goes wrong in the economy, the government will intervene.

Now you're saying it's just corporate behavior. Banks and corporations are separate legal entities, and the government is not obligated to endorse them.

Well, you can't say wrong either. But are you a market mechanism in the standard sense?