Chapter 1051
Smecta in the 1990s has a distinctive feature. The first is the plutocratic society, and the second is cross-border.
Kia, this was originally a car factory, but this guy not only engages in steel and building materials, but also engages in housekeeping services. There are nearly 40 affiliated companies, and 30 of them have nothing to do with automobiles.
Well, what do I do to make money. You see, that's not what the richest man in the world does.
If William White knew what this guy was thinking, he would probably vomit blood directly.
Nima, buddy, is that cross-border?
You haven't figured out the essence, you only know to read some superficial articles. It is true that they are involved in multiple industries, and these are all listed companies.
Attention, an independent listed company.
Ahem, it's not the same, it's still your private company.
This is really not true. In order to retain the company's employees, all his companies have corresponding equity incentive plans.
There are naturally fewer ordinary employees, and more executives and senior technicians. In addition to the reduction of holdings in the secondary market, can you say that this is a private enterprise?
Impossible, the proportion of his personal holdings has been declining. Or use it as a mortgage, or sell it. In short, when he retires, it will be about 10% at most.
Even if your chaebol of Smecta goes public, it is still a family business. Grandpa passes on to son, son passes on to grandson. William White's business, but not necessarily. Your son is very good, of course the chances are great. If not, hehe, William White can be driven away, so what is your son.
"President, there seems to be something wrong with our plan."
"Pu Renyong, don't hesitate, what's the matter with you? Could it be that I can eat people." Li Jianxi looked displeased, this damn bastard, will he die if he drinks less wine? It's not easy to speak.
"I'm sorry, Chairman, through investigation, we found that Kia has serious problems.
They have opened a total of 14 automobile factories in Southeast Asia, which is almost like a joke. Also, if it is just the automobile, Hyundai and Daewoo will definitely compete.
If it is packaged and swallowed, ahem, president, their foreign debts have exceeded 12 billion dollars. "
Pfft, Li Jianxi spit out a mouthful of coffee, luckily, all of it remained on Pu Renyong's face.
Smecta's workplace is even more outrageous than Japan. The coffee that the president sprays is best left on his face.
"Damn it, damn it, right, Daewoo? Impossible, this guy's debt situation, can it be just fine."
"No, it might be worse than Kia. Heck, President, it's for this reason that they fight so fiercely."
Hyundai, Kia, and Daewoo are the Big Three of Smecta. The four-star cars are factory cars, and no one buys them except for the employees of the company.
The competition between Kia and Daewoo is the most fierce. More than 45% of the shares have been owned by Hyundai early in the morning, and the remaining two companies are robbing the remaining 40%.
Asia financial crisis?
Great, damn it, is the family finally going down?
If Hyundai succeeds, then the advantages will be expanded. A share of more than 60% has basically declared a monopoly. If Daewoo succeeds, it will be a two-strong structure, and the gap will become quite limited. Faced with such a good opportunity, what chance will there be for four stars?
Nima, you, a guy who makes memory, dare to imagine something out of the ordinary?
No, this guy has a good relationship with the boss. If the government intervenes, ahem, four-star is indeed the most suitable to take over.
Being acquired by Daewoo, Hyundai will definitely jump, causing damage is light, and there may be some extreme actions.
So, what about being acquired by Hyundai?
The situation of Daewoo is only slightly better than that of Kia. One is not good, this guy also lay down and quit, damn, something is going to happen.
Memory factories make cars?
Well, as a rich second generation, Li Jianxi thinks he can. If he is in the United States, he really has a chance to PK with William White.
Didn't Tesla start from scratch? Since that brat can do it, so can the old man.
"Okay, Park Renyong, I see. Didn't that guy just come back from Dokdo? Make an appointment with him." Speaking of his boss, Li Jianxi had no respect on his face. This is also the characteristic of Smecta. The presidency is a high-risk occupation. If one is not good, it will be bad luck.
Do not believe?
Isn't it just what happened two days ago?
You see, you learn from American imperialism, why does American imperialism control consortiums and want to implement antitrust laws.
Don't you just want to cut off the chain of interests? Although it was not cut off in the end, it was decent in face anyway.
You have the final say on who will be the president. If something happens, the president will take the blame.
Fuck, if you keep doing this, the final outcome will definitely not be too good.
Ahem, when it comes to Smecta, the way of the US emperor is obviously not suitable. What they are playing is plutocratic economy and plutocratic politics. If you ask them to anti-trust, it is simply nonsense, and it is impossible to implement it.
"Bankruptcy protection? Bastard, when can the reorganization be completed? What is Smecta doing?"
"Ahem, Boss, our people sent back news that their chaebols have already started fighting for this piece of cake."
"Asshole, shouldn't you rescue first? Damn it, Andy, go and check how many related positions and loans we have." The boss of Morgan Stanley was very angry. I only dared to invest when I knew you were a plutocratic economy. Nima, the seventh chaebol in the country, you actually allowed it to go bankrupt.
Protect your uncle, where is my money, who will protect my money.
As Ying Jiang's younger brother, Lao Mei naturally has nothing to worry about. You all talk about the miracle of East Asia, of course it is impossible for us not to invest. There are all kinds of investment portfolios, and there are a lot of them. Even a Morgan Stanley has at least one billion dollars.
Damn it, if you say you're bankrupt, you're bankrupt. What about my little money?
Of course, shorting the Korean won can recover losses, but this has nothing to do with the previous fund investors.
What is the investment bank playing?
Credit!
He can cheat investors for profit, but it doesn't mean you can too.
If you don't die, you won't die. This sentence is very suitable for Smecta.
When signing the contract with the IMF, Smecta called it the National Humiliation Day. They even magically changed the IMF.
I.M.Fired? This is Smecta's new definition for the IMF. Well, it was originally called International Monetary Fund. However, whatever you want, sooner or later you will know. I am indeed a bit ruthless, but your chaebols are much more greedy than us.
Action against Smecta, frankly, was not in Soros' plan. An export-oriented country, you say they will lack foreign exchange?
Ahem, anyway, Soros doesn't believe it. The performance of the stock market is also average, and it does not support real estate speculation. What oil and water can there be in this place?
Of course, since they committed suicide, there is no reason to let them go. Smecta got one thing wrong. The investment of Goldman Sachs and Morgan Stanley does not represent them personally.
Investing in overseas funds is a different matter from investing in domestic funds in the United States. This money has a high degree of risk aversion, which means that people are looking for capital preservation.
swallow the money?
Cough cough, this really doesn't work, something will happen. This is a very serious problem, and no one can do it.
The companies and chaebols that others lend you money are not only inspected by the chaebols themselves. They believe that if the economy fails, the government will intervene.
Now you say that this is just corporate behavior. Banks and enterprises are independent legal persons, and the government has no obligation to endorse them.
Well, you can't be wrong either. However, are you a market mechanism in the standard sense?