novelones Chapter 240: The fierce dragon crosses the river, watch me pull out its teeth!
Chapter 240: The fierce dragon crosses the river, watch me pull out its teeth!
"What was his reaction?"
"Very angry, already on the way from Hong Kong City to Seoul!"
When he said this, Jin Zhongxuan was filled with anger and dissatisfaction. He didn't know why his father couldn't sit down and talk.
The two families are allies, shouldn't they provide help in times of need at this time?
Jin Yuzhong, the head of the Jin family, also heard the dissatisfaction of his youngest son.
He smiled calmly:
"You are still young. You will understand my good intentions in the future."
"Dad, aren't you worried about the Wang Group's revenge?"
Jin Yuzhong said in a contemptuous tone:
"Hmph, what can a toothless tiger do to me besides barking twice?"
Just as he expected, after receiving a 100 billion loan, Daewoo Group expanded rapidly and was involved in every industry. At this time, in terms of scale, it was already on par with Hyundai, the first chaebol.
On the other hand, the Wang family was blocked by the Eagle King family and the Soth family, and was criticized by the Xizhou collective.
It’s hard to say whether we can survive this financial crisis unscathed.
What's more, why should Jin Yuzhong pay back the money he borrowed based on his ability?
"Son, don't worry. The Wang Group itself cannot protect itself. Only by being determined not to pay back the money can we strive for the greatest benefits."
There is another thing that Jin Yuzhong didn't say to his stupid son.
Daewoo Group’s asset-liability ratio at this time is as high as 220%!
The amount of liabilities is more than four times the total value of the group's assets.
If this huge loan is really repaid, Daewoo Group will immediately enter the bankruptcy stage due to the drying up of capital flow in less than two days!
So from the beginning of borrowing the money, Jin Yuzhong had no intention of paying it back.
Lao Lai, the normal operation of Han Enterprises, I wonder which large consortium in Han Dynasty is not in debt several times over at this time.
Even the Han government is burdened with a large amount of national debt.
The national situation is like this. As long as he lowers his face, Wang Lei can only bark from the sidelines.
Therefore, Jin Yuzhong felt confident and even reached a certain tacit understanding with the Samsung Li family.
Jin Yuzhong believed that as long as he kept his face low, Wang Lei would compromise with them.
At that time, the other party will have no choice but to extend the debt repayment cycle.
You might even be able to turn high interest rates into low interest rates.
With this thought in mind, Jin Yuzhong planned to wait quietly for Wang Lei to come to his door.
On the other side, Wang Lei, who landed at Seoul Airport, couldn't help but sigh when he saw that only Jin Zhongxuan came to pick him up:
"The people of the Han country are really real. They have allowed me to experience the warmth and coldness of human relationships and the harshness of the world."
Liu Hu snorted coldly:
"If news of the grand auction tomorrow comes to the Han Country, these people from the Han Country will probably have a different look."
At this moment, Jin Zhongxuan waved to Wang Lei:
"Brother, I miss you so much."
Looking at Jin Zhongxuan who was begging for a hug with a shy face, Wang Lei didn't give him a good look.
The deflated Jin Zhongxuan said in a resentful voice:
"Brother, you can't take your anger out on me. My father's failure to pay back the money is beyond my control.
How about we discuss things on our own terms from now on, and don't let the company's affairs affect our brotherly relationship. "
Wang Lei was angry and wanted to laugh:
"You have a good idea. I lent money to Daewoo just for your sake. Now that your father refuses to repay the loan, you are also partly responsible."
When it comes to paying off debts, Jin Zhongxuan rarely becomes serious. He analyzed:
"Brother, why don't you talk to my dad and extend the debt period? Although my dad doesn't admit it, I know that Daewoo can't pay you back at all."
"It's only right and proper to pay off debts!"
Seeing Wang Lei's uncompromising look, Jin Zhongxuan was a little helpless.
Neither side is willing to take a step back, so it is difficult for him to be the middleman.
"Brother, the only thing you can do now is to sue Daewoo, but you know, the official side is definitely on my father's side, and they may not even accept your lawsuit."
The chaebol and Hanguo officials wear the same pants. If Wang Lei files a complaint against the chaebol, he will most likely lose the case.
When it comes to Daewoo's property rights, it is impossible for Hanguo officials to let Wang Lei win the case.
The fact that Kim Woo-jung and Lee Kun-hee are so single is simply because they have concluded that the Wang Group itself cannot protect itself and is blocked by overseas families, so they have neither the ability nor the courage to make matters worse.
Wang Lei felt that the two old guys were a bit too optimistic. Perhaps they really believed what the foreign media said and felt that the Wang Group was in danger.
"I understand all this. I need to take a rest now. Jin Zhongxuan, please go back and tell your father. Remember to read tomorrow's Wall Street Journal!"
"By the way, please take this bag of information to your dad and let him think carefully about whether to pay it back or not."
Jin Zhongxuan was shocked. Is there something big that will be announced tomorrow? What's so weird about that bag of information?
Seeing his elder brother's confident look, he asked curiously:
"Brother, I'll be relieved if you have someone to rely on."
"You really don't want to stay at my house?"
Hearing Jin Zhongxuan's question, Wang Lei's mind immediately flashed to his sister-in-law Park Ji-hyun's sexy long legs.
Put evil thoughts out of your mind.
"No, I'm afraid your dad will kill me for not paying back the money. I'd better find a place to rest tonight."
Jin Zhongxuan was speechless for a moment. The chaebol really didn't have much conscience. He really couldn't guarantee that Wang Lei would be [-]% safe in the Jin family.
After he left, Wang Lei came to Overseas Chinese Street, the largest street in Seoul.
After the incident where the eldest brother was tricked, the Black Dragon Society began to expand into the Cold Country.
After several years of development, Overseas Chinese Street in Myeongdong has become the largest stronghold of the Black Dragon Society in the cold country.
Here, Wang Lei can gain a sense of security.
And after he settled in, the first thing he did was to have someone send an information package to the Samsung Li family and officials.
The first person to open the information packet was Jin Yuzhong.
When he heard Wang Lei's threat, he secretly laughed in his heart. Could it be that the other party still wanted to make this trivial matter between the two parties international?
At that time, it will really be a dead end, and we will never stop fighting.
He, Wang Lei, is not that stupid.
With this in mind, he looked carefully at the documents in the material bag.
Yun Danfengqing's expression suddenly became serious, and her pupils dilated.
"This...this is actually...every debt of Daewoo Group and its subsidiaries!"
The specific debt is the core secret of Daewoo Group, and how Wang Lei obtained it.
What’s even more frightening is that Wang Lei seems to know that he made a lot of donations to interfere in the election.
Cold sweat wetted Jin Yuzhong's back. Could it be that Wang Lei wanted the Wall Street Journal to disclose all the debts of Daewoo Group?
Write another sensational article.
By then, without the Wang Group taking action, Daewoo Group will have to face debt collection from many foreign creditors. He and Daewoo Group will face an unprecedented crisis!
There are not only many bulls on Wall Street, but also big shorts such as Cayman Capital, Tiger Fund, and Proton Fund.
Daewoo Group is in danger!