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1
00:01:12,906 --> 00:01:13,976
(South Korea Seeks IMF Bailout)
2
00:01:14,000 --> 00:01:18,176
The government has eventually
decided to seek IMF bailout.
3
00:01:18,200 --> 00:01:20,476
Amid ongoing financial difficulties,
4
00:01:20,500 --> 00:01:22,943
Gukbo is now reportedly
on the brink of bankruptcy.
5
00:01:22,967 --> 00:01:27,567
Concerns are growing over the future
of the beloved soju brand.
6
00:01:33,644 --> 00:01:35,506
(1997, New York)
7
00:01:37,052 --> 00:01:38,560
In Beom, where are you?
8
00:01:38,584 --> 00:01:39,974
Almost there.
9
00:01:39,998 --> 00:01:43,083
Should I just go to the
Asia special task force?
10
00:01:43,107 --> 00:01:45,768
No, go straight to see Mark.
11
00:01:45,792 --> 00:01:48,001
He wants you to give a briefing on this.
12
00:01:48,025 --> 00:01:51,253
In Beom, don't screw this up.
13
00:01:55,081 --> 00:01:57,889
(Solquin Global Financing Group)
14
00:01:57,913 --> 00:01:59,522
Follow me.
15
00:02:08,554 --> 00:02:10,857
Am I even allowed to go in there, sir?
16
00:02:10,881 --> 00:02:12,901
Just present your report.
17
00:02:12,925 --> 00:02:14,718
And don't fuck this up.
18
00:02:17,858 --> 00:02:20,030
Now, tell me about you.
19
00:02:20,054 --> 00:02:24,420
Bachelor from Seoul National University,
MBA from University of Chicago,
20
00:02:24,444 --> 00:02:26,039
three years at Bearstons,
21
00:02:26,063 --> 00:02:29,608
three years as an
Associate Analyst at our firm.
22
00:02:29,632 --> 00:02:32,612
South Korea is facing
a series of bankruptcies
23
00:02:32,636 --> 00:02:35,397
following collapses of
Hanbo and Sammi last spring.
24
00:02:35,421 --> 00:02:37,678
In Beom?
25
00:02:38,429 --> 00:02:41,124
Get to the point. We know Korea.
26
00:02:50,710 --> 00:02:54,436
At least 30 corporations
will be on the M&A Market
27
00:02:54,460 --> 00:02:57,779
following a series of bankruptcies soon.
28
00:02:57,803 --> 00:03:01,444
That's why I propose
establishing a branch in Seoul.
29
00:03:01,468 --> 00:03:03,498
If we don't have that immediately,
30
00:03:03,522 --> 00:03:07,789
all our rivals like Lehman, JP, Deutsche,
31
00:03:07,813 --> 00:03:14,522
and even small hillbilly banks like Lone Star
will fucking swarm in to take what should be ours.
32
00:03:14,546 --> 00:03:16,967
Our first target is Gukbo.
33
00:03:16,991 --> 00:03:21,433
In a country that has the highest
alcohol consumption in the world,
34
00:03:21,457 --> 00:03:24,472
they make the best soju in Korea.
35
00:03:24,496 --> 00:03:29,310
And they have... never lost money.
36
00:03:29,334 --> 00:03:34,609
(Gukbo)
37
00:03:34,633 --> 00:03:39,109
Amid harsh criticism of reckless
expansion and management,
38
00:03:39,133 --> 00:03:41,739
and under mounting
pressure to repay its loans,
39
00:03:41,763 --> 00:03:45,776
Gukbo has defaulted today
on six of its key subsidiaries.
40
00:03:45,800 --> 00:03:49,609
Gukbo defaulted after
failing to cover 8.25 billion won
41
00:03:49,633 --> 00:03:54,167
in promissory notes from
nine financial institutions.
42
00:03:55,167 --> 00:03:57,633
So, what's the president's stance?
43
00:03:59,267 --> 00:04:01,643
They won't talk with us anymore
44
00:04:01,667 --> 00:04:03,276
if we don't come up
with a concrete recovery strategy.
45
00:04:03,300 --> 00:04:07,633
They had no problem pocketing my money
during the election, those fuckers.
46
00:04:09,233 --> 00:04:11,633
There are reporters outside.
47
00:04:13,675 --> 00:04:15,798
Rude little shits...
48
00:04:15,822 --> 00:04:17,976
Chairman.
49
00:04:18,000 --> 00:04:20,945
The public has started a
"Save Gukbo" campaign.
50
00:04:20,969 --> 00:04:24,264
Shouldn't we do something
from the company's side too?
51
00:04:28,628 --> 00:04:30,628
You heard, right?
52
00:04:31,267 --> 00:04:35,504
We won't go down that easily.
We absolutely will not fail.
53
00:04:35,528 --> 00:04:39,376
We're Korea's number one soju brand,
how could we possibly go bankrupt?
54
00:04:39,400 --> 00:04:41,709
But the fucking media,
55
00:04:41,733 --> 00:04:47,976
they're spinning it like Gukbo's fall
is coming from reckless expansions.
56
00:04:48,000 --> 00:04:50,633
I don't regret the expansions.
57
00:04:53,833 --> 00:04:56,143
Well, this is war now.
58
00:04:56,167 --> 00:04:57,933
Get out!
59
00:05:04,633 --> 00:05:06,958
- Director Pyo.
- Yes, sir?
60
00:05:06,982 --> 00:05:08,543
Go meet them.
61
00:05:08,567 --> 00:05:11,243
It's an up-and-coming law firm,
and I hear they're sharp.
62
00:05:11,267 --> 00:05:13,909
They're snatching up consulting gigs
from all the big ballers.
63
00:05:13,933 --> 00:05:15,900
Understood, sir.
64
00:05:18,200 --> 00:05:19,376
Mumyeong?
65
00:05:19,400 --> 00:05:20,643
(Koo Young Mo)
66
00:05:20,667 --> 00:05:23,043
(Gukbo - Director Pyo Jong Rok)
67
00:05:23,067 --> 00:05:25,843
If you'd invited me to your office,
I'd have gladly come.
68
00:05:25,867 --> 00:05:27,676
Well, yes.
69
00:05:27,700 --> 00:05:31,643
I just came to watch
your trial out of curiosity.
70
00:05:31,667 --> 00:05:34,009
- Well, then...
- Okay.
71
00:05:34,033 --> 00:05:36,167
Excuse me, Mr. Koo.
72
00:05:36,767 --> 00:05:41,843
May I ask your thoughts on today's verdict?
73
00:05:41,867 --> 00:05:43,743
Well...
74
00:05:43,767 --> 00:05:49,576
The merger of subsidiaries and the defense
against foreign capital had a favorable impact
75
00:05:49,600 --> 00:05:51,776
and strengthened Taeseong Group's
hold on management rights...
76
00:05:51,800 --> 00:05:54,455
Had a favorable impact...
77
00:05:54,479 --> 00:05:57,776
But it can't be considered
an act aimed at succession of control.
78
00:05:57,800 --> 00:06:04,533
But it can't be considered
an act aimed at succession of control.
79
00:06:12,000 --> 00:06:14,107
You should file for composition.
80
00:06:14,131 --> 00:06:15,143
Composition?
81
00:06:15,167 --> 00:06:19,630
A request to mediate a deadline extension
for you to repay the debt.
82
00:06:19,654 --> 00:06:24,943
Your management rights will
remain 100% intact during that time.
83
00:06:24,967 --> 00:06:27,743
I've never heard about this before.
84
00:06:27,767 --> 00:06:29,997
It's a newly implemented system.
85
00:06:30,021 --> 00:06:34,076
Gukbo would be the first to use it.
86
00:06:34,100 --> 00:06:38,943
If approved, you'll only pay interest for
five years while restructuring subsidiaries
87
00:06:38,967 --> 00:06:42,076
and liquidating assets,
all while maintaining control.
88
00:06:42,100 --> 00:06:45,709
Then, in five years, repay the principal.
89
00:06:45,733 --> 00:06:48,776
And if we can't repay in five years?
90
00:06:48,800 --> 00:06:53,043
Creditors could file for bankruptcy
with the court.
91
00:06:53,067 --> 00:06:55,509
First, file for the composition.
92
00:06:55,533 --> 00:06:58,409
Then find a consulting firm
to help you repay the debt.
93
00:06:58,433 --> 00:07:04,067
Most creditors prefer responsible repayment
rather than dragging things through the court.
94
00:07:05,767 --> 00:07:07,576
If you get us the composition,
95
00:07:07,600 --> 00:07:11,476
I'll have Mumyeong handle
all of Gukbo's legal affairs.
96
00:07:11,500 --> 00:07:15,009
I'll give it everything I've got.
You can trust me.
97
00:07:15,033 --> 00:07:17,833
- I'm counting on you.
- I won't let you down.
98
00:07:20,134 --> 00:07:24,071
(Gimpo International Airport)
99
00:07:29,567 --> 00:07:31,633
Mr. Choi In Beom?
100
00:07:32,333 --> 00:07:35,443
Nice to meet you, I'm Baek Sung Bin.
101
00:07:35,467 --> 00:07:39,509
I was sent by Director Gordon,
head of Solquin Hong Kong.
102
00:07:39,533 --> 00:07:43,176
He told me to bring you in,
but there's no corporate car yet,
103
00:07:43,200 --> 00:07:45,500
so I came in mine.
104
00:07:46,307 --> 00:07:48,197
Where is Director Gordon now?
105
00:07:48,221 --> 00:07:52,567
Macro Building in Gangnam,
he said to bring you there.
106
00:08:00,463 --> 00:08:01,576
Sir?
107
00:08:01,600 --> 00:08:03,511
Didn't you say you start next week?
108
00:08:03,535 --> 00:08:06,809
Enjoy your free time while you still can.
109
00:08:06,833 --> 00:08:09,233
I can borrow your car, right?
110
00:08:13,649 --> 00:08:16,783
(Macro Building)
111
00:08:18,979 --> 00:08:20,854
Thanks for your time.
112
00:08:23,870 --> 00:08:26,767
Now I understand why
they sent you from New York
113
00:08:26,791 --> 00:08:29,729
when I insisted on bringing my team
from Hong Kong.
114
00:08:31,174 --> 00:08:32,314
Why's that?
115
00:08:32,338 --> 00:08:34,666
'Cause you're fucking Korean.
116
00:08:37,073 --> 00:08:39,353
I haven't been back in ten years.
117
00:08:39,377 --> 00:08:42,721
Won't be able to make deals
through personal connections.
118
00:08:42,745 --> 00:08:45,252
Great. That just closed the deal.
119
00:08:45,276 --> 00:08:47,799
Use this space as your temporary office.
120
00:08:50,760 --> 00:08:52,400
Cheers.
121
00:08:54,135 --> 00:08:55,619
I read your report.
122
00:08:55,643 --> 00:08:57,682
Gukbo.
123
00:08:57,706 --> 00:09:01,184
Unbelievable. Koreans drink soju every day.
124
00:09:01,208 --> 00:09:06,025
Happy, sad, bored, they'll find any possible
excuse to pour out soju like tap water.
125
00:09:06,049 --> 00:09:09,502
How can a company that
literally prints cash go bankrupt?
126
00:09:09,526 --> 00:09:14,697
I know. It's time for Koreans to put away
that bitter drink, I guess.
127
00:09:15,346 --> 00:09:17,541
Gukbo filed for composition yesterday.
128
00:09:17,565 --> 00:09:20,385
They're gonna need a
plan to pay back the debt.
129
00:09:20,409 --> 00:09:22,322
They'll need a consultant.
130
00:09:22,346 --> 00:09:23,846
I'll push them right away.
131
00:09:23,870 --> 00:09:27,846
Yeah, use this office. I'm here three
days a week. The rest, in Hong Kong.
132
00:09:27,870 --> 00:09:31,471
Oh, how is the kiddo who picked you up
from the airport?
133
00:09:31,495 --> 00:09:33,893
I thought you might need a Korean sidekick.
134
00:09:33,917 --> 00:09:36,893
He flew to Hong Kong
as soon as I asked for an interview.
135
00:09:38,323 --> 00:09:39,889
How do I keep you updated?
136
00:09:39,913 --> 00:09:42,502
Phone, mail, Messenger, whatever.
137
00:09:42,526 --> 00:09:44,853
This is your turf, bud.
Home field advantage.
138
00:09:44,877 --> 00:09:48,346
It's your shot. Don't fuck it up.
139
00:10:05,433 --> 00:10:09,143
I never imagined Solquin would open
a consulting branch in Korea.
140
00:10:09,167 --> 00:10:11,587
Timing really is everything, isn't it?
141
00:10:11,611 --> 00:10:15,976
Chairman Seok, it's a great honor
to have you as our first client.
142
00:10:16,000 --> 00:10:19,553
It is our great honor
to have you as our first client.
143
00:10:19,577 --> 00:10:21,043
Thank you.
144
00:10:21,067 --> 00:10:22,443
- Director Pyo.
- Yes, sir.
145
00:10:22,467 --> 00:10:26,309
A press release about Solquin being our
consultant should put the creditors at ease, no?
146
00:10:26,333 --> 00:10:27,918
- Certainly.
- If you trust us,
147
00:10:27,942 --> 00:10:31,067
we'll deliver the outcome
you're looking for.
148
00:10:32,533 --> 00:10:35,076
I'm sure you've seen the data.
149
00:10:35,100 --> 00:10:38,376
We would need some restructuring, right?
150
00:10:38,400 --> 00:10:39,664
Yes, Chairman.
151
00:10:39,688 --> 00:10:43,776
Out of the 20 subsidiaries,
sell off 12, including Gukbo Distribution,
152
00:10:43,800 --> 00:10:47,209
and declare bankruptcy
for all non-core businesses.
153
00:10:47,233 --> 00:10:52,709
Director Pyo,
are you sure we showed them everything?
154
00:10:52,733 --> 00:10:54,676
Yes, we shared everything we could.
155
00:10:54,700 --> 00:10:58,143
Sell off 12 subsidiaries
and bankrupt the rest?
156
00:10:58,167 --> 00:10:59,609
We're not that far gone, are we?
157
00:10:59,633 --> 00:11:02,609
We reviewed the data thoroughly.
158
00:11:02,633 --> 00:11:06,933
You'll need over two trillion won
to meet debt obligations in five years.
159
00:11:18,803 --> 00:11:22,667
If you sign an NDA,
we'll show you the rest of the data.
160
00:11:22,691 --> 00:11:27,243
Chairman, we haven't yet signed
a consulting agreement with them.
161
00:11:27,267 --> 00:11:29,915
It's currently under review
at Solquin Hong Kong.
162
00:11:29,939 --> 00:11:32,542
If your concern is about trust...
163
00:11:32,566 --> 00:11:33,976
It's not that we can't trust them,
164
00:11:34,000 --> 00:11:38,233
but that particular information
may need more consideration.
165
00:11:40,417 --> 00:11:43,971
If there's additional material,
of course we'll review it thoroughly.
166
00:11:43,995 --> 00:11:50,167
And as you said, you should be cautious,
but let me make one thing perfectly clear.
167
00:11:50,867 --> 00:11:58,867
Chairman, Solquin will prevent
the final collapse of Gukbo.
168
00:11:59,000 --> 00:12:05,533
And we'll protect your
control over the company.
169
00:12:06,766 --> 00:12:09,414
I skimmed through all the documents
170
00:12:09,438 --> 00:12:13,582
including restructuring plans,
assets, financial conditions,
171
00:12:13,606 --> 00:12:17,781
cash flow, marketing, export strategy.
172
00:12:17,805 --> 00:12:19,351
Here's the strategy.
173
00:12:19,375 --> 00:12:23,195
First, we gobble up as much of their bonds
as possible
174
00:12:23,219 --> 00:12:25,539
under the name of Stone Investment.
175
00:12:25,563 --> 00:12:27,304
In a few years,
176
00:12:27,328 --> 00:12:31,445
this shell company will be the
largest shareholder of Gukbo in Korea.
177
00:12:31,469 --> 00:12:35,570
We are only financing 100 million dollars
for this project.
178
00:12:35,594 --> 00:12:39,734
Like, how could we possibly control
a large company like Gukbo?
179
00:12:39,758 --> 00:12:43,297
What percentage of Gukbo bonds
should we be securing?
180
00:12:43,321 --> 00:12:46,117
The bonds are being
sold dirt cheap right now.
181
00:12:46,141 --> 00:12:53,211
Our goal is to buy in at 10% of the face
value, securing about 30% of Gukbo's bonds.
182
00:12:53,235 --> 00:12:57,289
Are you confident we can bankrupt them
with only 100 million?
183
00:12:58,547 --> 00:13:00,578
Absolutely.
184
00:13:01,280 --> 00:13:03,968
Our advice for retaining management control
185
00:13:03,992 --> 00:13:07,968
is the sale of stakes in
overseas subsidiaries to secure liquidity.
186
00:13:07,992 --> 00:13:13,833
Among the overseas branches,
Gukbo Japan holds the highest market value.
187
00:13:14,700 --> 00:13:17,524
Mr. Choi? Mr. Choi?
188
00:13:17,548 --> 00:13:18,890
Excuse me.
189
00:13:18,914 --> 00:13:23,543
Do you have time to stick around
a little longer tonight?
190
00:13:23,567 --> 00:13:25,076
Yes, of course.
191
00:13:25,100 --> 00:13:27,709
I was actually hoping to grab a drink
with you anyway.
192
00:13:27,733 --> 00:13:29,843
It's not really about the drinks.
193
00:13:29,867 --> 00:13:32,610
There's a place I'd like to show you.
194
00:13:32,634 --> 00:13:34,409
I see.
195
00:13:34,433 --> 00:13:36,209
Sure, we can do that.
196
00:13:36,233 --> 00:13:38,900
I'll head down first, then.
197
00:13:44,896 --> 00:13:48,662
Now the finance chap is flirting with me.
198
00:13:48,686 --> 00:13:50,458
Doesn't look so easy to me.
199
00:13:50,482 --> 00:13:54,769
They've inflated their size
to pretend to be a large corporation.
200
00:13:54,793 --> 00:13:59,732
But the Chairman is the only one
who calls all the shots.
201
00:13:59,756 --> 00:14:05,155
In Korean society, there is always
that one person who is sucking up.
202
00:14:05,179 --> 00:14:08,365
But you know, it's all fake.
203
00:14:09,248 --> 00:14:12,130
First, let's feel him up.
204
00:14:25,167 --> 00:14:30,814
Gukbo's original symbol
was the legendary flying horse.
205
00:14:30,838 --> 00:14:34,309
But eventually,
it changed to the tiger we use now.
206
00:14:34,333 --> 00:14:39,843
After the Korean War, the late chairman said
that the Korean Peninsula resembled a tiger...
207
00:14:39,867 --> 00:14:40,943
Chief!
208
00:14:40,967 --> 00:14:42,933
There he is.
209
00:14:44,008 --> 00:14:45,521
How have you been?
210
00:14:45,545 --> 00:14:49,443
This is our newest product called Top Soju.
211
00:14:49,467 --> 00:14:52,776
Would you like to taste it?
212
00:14:52,800 --> 00:14:55,233
- Right now?
- Yes.
213
00:15:03,863 --> 00:15:06,332
It's bitter and sweet.
214
00:15:06,356 --> 00:15:07,543
That's right.
215
00:15:07,567 --> 00:15:09,676
That's soju for you, bittersweet.
216
00:15:09,700 --> 00:15:12,143
Kinda like life, don't you think?
217
00:15:12,167 --> 00:15:16,833
Is that all? There should be
something else you're tasting.
218
00:15:30,967 --> 00:15:34,111
- It's...
- It's?
219
00:15:34,135 --> 00:15:37,267
- A bit...
- A bit...
220
00:15:41,300 --> 00:15:43,576
It's...
221
00:15:43,600 --> 00:15:45,843
- Smooth?
- It's smooth.
222
00:15:45,867 --> 00:15:48,009
- It's got that smoothness.
- Yes.
223
00:15:48,033 --> 00:15:49,900
And...
224
00:15:53,967 --> 00:15:56,878
It's somewhat...
225
00:15:56,902 --> 00:15:58,467
Fresh?
226
00:15:59,300 --> 00:16:01,000
Yes, it's fresh.
227
00:16:02,633 --> 00:16:09,867
We were going for a smooth and fresh drink,
and you tasted it perfectly.
228
00:16:11,967 --> 00:16:14,033
You did good.
229
00:16:20,633 --> 00:16:22,767
We need a firm...
230
00:16:23,633 --> 00:16:27,243
that works like it owns this company.
231
00:16:27,267 --> 00:16:31,575
I'm sure as a major firm, Solquin
won't go all in just for a retainer,
232
00:16:31,599 --> 00:16:36,176
but we need a partner
who'll ride or die with us.
233
00:16:36,200 --> 00:16:43,409
Sir, this might be a bit out of line,
but why do you care so much?
234
00:16:43,433 --> 00:16:45,309
What do you mean?
235
00:16:45,333 --> 00:16:47,433
What I mean is...
236
00:16:48,433 --> 00:16:51,076
Does the company properly reward you?
237
00:16:51,100 --> 00:16:53,143
You seem genuinely loyal.
238
00:16:53,167 --> 00:16:56,067
Come on now...
239
00:16:57,467 --> 00:16:59,676
It's not about loyalty.
240
00:16:59,700 --> 00:17:05,676
I've always liked soju,
so I love working at a soju company.
241
00:17:05,700 --> 00:17:08,843
And when the company
does well, I feel good too.
242
00:17:08,867 --> 00:17:11,733
When the company's struggling,
it weighs on me too.
243
00:17:12,933 --> 00:17:16,643
Chairman Seok is lucky to have you.
244
00:17:16,667 --> 00:17:18,800
Stop it.
245
00:17:20,500 --> 00:17:27,509
Looking at you makes me think my father
must have been like you at work.
246
00:17:27,533 --> 00:17:29,943
He's retired, I take it?
247
00:17:29,967 --> 00:17:33,300
He passed away ten years ago.
248
00:17:36,300 --> 00:17:40,233
He was always busy,
so I don't have a lot of memories.
249
00:17:42,267 --> 00:17:44,743
Damn...
250
00:17:44,767 --> 00:17:48,509
He used to love Gukbo soju.
251
00:17:48,533 --> 00:17:50,843
- Director.
- Yes?
252
00:17:50,867 --> 00:17:55,567
I'll do my best, like it's my own company.
253
00:18:00,455 --> 00:18:02,200
Thank you.
254
00:18:04,067 --> 00:18:06,067
Let's drink to that.
255
00:18:14,267 --> 00:18:16,033
This stuff is like nectar!
256
00:18:17,233 --> 00:18:19,212
One moment, please.
257
00:18:19,236 --> 00:18:20,943
Let's drink properly tonight.
258
00:18:20,967 --> 00:18:22,600
Here!
259
00:18:27,433 --> 00:18:29,900
- Cheers!
- Cheers!
260
00:18:35,567 --> 00:18:37,876
Have you heard of the Gukbo herbal tonic?
261
00:18:37,900 --> 00:18:40,667
Allow me to demonstrate.
262
00:18:42,333 --> 00:18:44,609
First, you add an egg yolk!
263
00:18:44,633 --> 00:18:46,909
Pour in the herbal tonic,
264
00:18:46,933 --> 00:18:50,800
and that's how you make
the Gukbo herbal tonic!
265
00:18:54,333 --> 00:18:56,876
Here! Bottoms up!
266
00:18:56,900 --> 00:18:58,109
- I can't drink this.
- Come on.
267
00:18:58,133 --> 00:18:59,376
It's great for your health, give it a try.
268
00:18:59,400 --> 00:19:01,476
How am I supposed to drink this?
269
00:19:01,500 --> 00:19:03,009
Just swallow it all!
270
00:19:03,033 --> 00:19:04,909
You people are savages.
271
00:19:04,933 --> 00:19:06,209
When are we going home?
272
00:19:06,233 --> 00:19:08,200
It's time to go to work.
273
00:19:10,933 --> 00:19:13,243
We should consider selling
the training center too.
274
00:19:13,267 --> 00:19:15,243
Wow, look at the time.
275
00:19:15,267 --> 00:19:17,693
Let's grab a meal with
a little drink on the side?
276
00:19:17,717 --> 00:19:19,507
- Sound good?
- Sounds good!
277
00:19:19,531 --> 00:19:21,609
It's market research.
278
00:19:21,633 --> 00:19:25,043
- Hello!
- Hello!
279
00:19:25,067 --> 00:19:26,776
- It's gotta be...
- Top!
280
00:19:26,800 --> 00:19:28,800
- Top!
- Top!
281
00:19:33,367 --> 00:19:35,452
- I work for Gukbo.
- What's this?
282
00:19:35,476 --> 00:19:37,776
It's our new product. Give Top a try.
283
00:19:37,800 --> 00:19:40,243
- We'll take a bottle!
- Yes! Coming right up!
284
00:19:40,267 --> 00:19:42,809
In Beom! Over there, those folks...
285
00:19:42,833 --> 00:19:46,767
He'll bring it over! Go on.
286
00:19:48,967 --> 00:19:51,650
This is Gukbo's brand-new soju.
287
00:19:51,674 --> 00:19:55,409
It's... smooth and fresh.
288
00:19:55,433 --> 00:19:56,643
All right, time to go home!
289
00:19:56,667 --> 00:19:59,500
- Let's go.
- Wait, wait!
290
00:20:02,201 --> 00:20:04,333
That's it, no more! Let's go!
291
00:20:04,357 --> 00:20:07,143
The boys threw up, so they must be hungry!
292
00:20:07,167 --> 00:20:08,833
You need to go!
293
00:20:32,600 --> 00:20:34,533
Thirsty?
294
00:20:37,305 --> 00:20:38,938
Let's have a drink.
295
00:20:43,083 --> 00:20:46,343
The court has approved
Gukbo's composition request,
296
00:20:46,367 --> 00:20:50,376
and after narrowly escaping collapse,
it'll retain management control
297
00:20:50,400 --> 00:20:53,443
and be allowed to delay
debt repayment for five years.
298
00:20:53,467 --> 00:20:58,443
Gukbo's sales increased last year,
boosting net revenue by 20%,
299
00:20:58,467 --> 00:21:01,243
calling the strong performance a relief...
300
00:21:01,267 --> 00:21:03,443
Relief?
301
00:21:03,467 --> 00:21:07,029
Which idiot said that to a reporter?
302
00:21:07,053 --> 00:21:10,653
Relief? What a moronic thing to say.
303
00:21:15,812 --> 00:21:18,978
Legal review of the first phase
of restructuring is complete.
304
00:21:20,321 --> 00:21:23,152
The employees are likely
worried about the company,
305
00:21:23,176 --> 00:21:26,976
so it's important to use this
to push for wage cuts.
306
00:21:27,000 --> 00:21:28,661
(Business Evaluation Report)
307
00:21:28,685 --> 00:21:33,643
It'll really hit them hard
if we cut wages by 20%.
308
00:21:33,667 --> 00:21:35,343
Be a little understanding, Mr. Koo.
309
00:21:35,367 --> 00:21:40,476
Pyo only sees the world
through a salary man's lens.
310
00:21:40,500 --> 00:21:43,767
A very small lens at that.
311
00:21:47,500 --> 00:21:50,443
Did you look into what I asked?
312
00:21:50,467 --> 00:21:51,843
Of course, Chairman.
313
00:21:51,867 --> 00:21:55,209
You can push forward quietly
with minimal manpower.
314
00:21:55,233 --> 00:22:00,533
From now on, don't involve the legal team,
and talk to Pyo directly.
315
00:22:01,200 --> 00:22:03,167
Yes, sir.
316
00:22:04,933 --> 00:22:07,343
All right then. See you next week.
317
00:22:07,367 --> 00:22:09,433
Certainly, Chairman.
318
00:22:14,067 --> 00:22:15,843
Director Pyo.
319
00:22:15,867 --> 00:22:18,009
Yes, Chairman.
320
00:22:18,033 --> 00:22:20,900
We bought ourselves five years.
321
00:22:21,882 --> 00:22:28,410
But what if we can't generate enough cash,
or can't make the interest payments?
322
00:22:28,434 --> 00:22:34,575
We go into full receivership,
and the court takes my control.
323
00:22:34,599 --> 00:22:37,276
I don't think that will happen.
324
00:22:37,300 --> 00:22:39,276
- Director Pyo.
- Yes, sir.
325
00:22:39,300 --> 00:22:45,043
Do you understand the
weight of my position?
326
00:22:45,067 --> 00:22:46,700
How could I...
327
00:22:47,916 --> 00:22:54,367
Founded by my father, and expanded by me,
Gukbo has a 70-year legacy.
328
00:22:55,833 --> 00:22:57,467
Have a seat.
329
00:23:03,500 --> 00:23:07,267
What I'm about to say stays between us.
330
00:23:15,900 --> 00:23:17,914
Did you finish the list
of Gukbo's creditors?
331
00:23:17,938 --> 00:23:21,393
- Schedule meetings with all of them next week.
- All thirty in one week?
332
00:23:21,417 --> 00:23:25,535
Yeah, study Gukbo's relationship
with each creditor closely.
333
00:23:25,559 --> 00:23:29,676
Sir, can we really gain control
of a company with just bonds?
334
00:23:29,700 --> 00:23:32,300
Why do bonds matter?
335
00:23:33,700 --> 00:23:36,176
Bonds are basically debt contracts.
336
00:23:36,200 --> 00:23:40,576
When a company hits crisis mode,
the creditors become the real owners.
337
00:23:40,600 --> 00:23:42,500
But...
338
00:23:45,633 --> 00:23:49,233
(Gukbo Launches Top Soju in Recovery Bid)
339
00:23:54,900 --> 00:23:58,100
It's smooth and fresh.
340
00:24:02,400 --> 00:24:05,968
Sir, that could be considered
a breach of trust and embezzlement.
341
00:24:05,992 --> 00:24:09,485
That's why this shell company
will be under your name!
342
00:24:09,509 --> 00:24:11,575
Give the paperwork to Koo.
343
00:24:12,733 --> 00:24:16,109
Use Gukbo Distillers' stock as collateral
and raise about 20 billion won.
344
00:24:16,133 --> 00:24:23,933
I'm also considering selling off some
properties, but use that money to buy bonds.
345
00:24:25,100 --> 00:24:29,173
This is our insurance policy.
346
00:24:29,197 --> 00:24:30,827
You get what I mean, right?
347
00:24:30,851 --> 00:24:34,243
The money from selling assets
should go to paying off the debt.
348
00:24:34,267 --> 00:24:37,303
Buying back bonds is...
349
00:24:37,327 --> 00:24:40,969
Above all, self-dealing in bonds
is a serious crime.
350
00:24:40,993 --> 00:24:42,869
You'll be in serious
trouble if this gets out.
351
00:24:42,893 --> 00:24:45,395
Goddammit!
352
00:24:45,419 --> 00:24:48,586
I can take care of myself!
353
00:24:53,593 --> 00:24:59,503
Didn't my father once pay for your mother's
surgery after she got into a car accident?
354
00:24:59,527 --> 00:25:04,027
I'm giving you a chance
to return the favor.
355
00:25:09,675 --> 00:25:13,069
Get this done discreetly.
356
00:25:13,093 --> 00:25:16,069
No one cares about our bonds yet.
357
00:25:16,093 --> 00:25:21,136
We need to sweep them
up while the price is low.
358
00:25:21,160 --> 00:25:22,960
Got that?
359
00:25:25,060 --> 00:25:26,503
Yes, Chairman.
360
00:25:26,527 --> 00:25:30,136
They'll sell off all the bonds
at 10% of face value.
361
00:25:30,160 --> 00:25:31,669
Is that so?
362
00:25:31,693 --> 00:25:33,969
It's next to nothing.
363
00:25:33,993 --> 00:25:35,903
Okay!
364
00:25:35,927 --> 00:25:38,960
Buy 300 million won worth
from Daeyoung Securities.
365
00:25:45,127 --> 00:25:47,636
You serious about buying these bonds?
366
00:25:47,660 --> 00:25:49,732
I've been stressed over them anyway.
367
00:25:49,756 --> 00:25:52,727
Now that you want them,
maybe I should hold onto them.
368
00:25:54,260 --> 00:25:56,703
They're just trash in your pocket.
369
00:25:56,727 --> 00:26:00,027
I'll pay a fair price, so hand them over.
370
00:26:05,193 --> 00:26:07,703
Are you here to buy Gukbo bonds?
371
00:26:07,727 --> 00:26:09,536
Yes.
372
00:26:09,560 --> 00:26:12,169
The bond we bought today
has a 13% interest rate!
373
00:26:12,193 --> 00:26:15,436
We'll earn back the investment
374
00:26:15,460 --> 00:26:18,207
in a few years with the interest alone!
375
00:26:18,231 --> 00:26:22,136
Well... We could be looking
at a much bigger return.
376
00:26:22,160 --> 00:26:23,793
Yo, Beom!
377
00:26:27,160 --> 00:26:30,603
If you could buy your
Porsche for ten million won,
378
00:26:30,627 --> 00:26:35,827
collect 13% in maintenance fees,
and resell it for 100 million,
379
00:26:36,927 --> 00:26:39,169
what would you do?
380
00:26:39,193 --> 00:26:40,893
The ball!
381
00:26:44,498 --> 00:26:46,534
You wanna go, huh?
382
00:26:49,727 --> 00:26:51,870
This boiled beef is killer.
383
00:26:51,894 --> 00:26:54,136
How'd you even know about this place?
384
00:26:54,160 --> 00:26:57,660
I came here a few times
as a kid with my dad.
385
00:26:58,760 --> 00:27:02,160
But why do you play
basketball with your mouth?
386
00:27:02,955 --> 00:27:08,330
Your moves are so predictable.
It's why you keep losing the ball.
387
00:27:08,354 --> 00:27:12,193
Basketball's meant to be played with your mouth.
It's all about talking your opponent down.
388
00:27:13,393 --> 00:27:16,369
Think you'll play as well as me
when you're my age?
389
00:27:16,393 --> 00:27:18,593
We'll see, punk.
390
00:27:20,027 --> 00:27:22,527
We won't see each other that long.
391
00:27:23,527 --> 00:27:26,727
You ever think about dating?
392
00:27:27,525 --> 00:27:29,464
Well, girls must hate you.
393
00:27:29,488 --> 00:27:32,354
Always off to New York or Hong Kong...
394
00:27:33,960 --> 00:27:36,706
- You're not exactly one to talk.
- Why?
395
00:27:36,730 --> 00:27:40,336
Seoul's tiny,
so you can get anywhere in two hours.
396
00:27:40,360 --> 00:27:43,336
Was it really that hard to just go home?
397
00:27:43,360 --> 00:27:47,503
You look like your kids abandoned you.
398
00:27:47,527 --> 00:27:49,460
Unbelievable.
399
00:27:51,593 --> 00:27:53,822
Why are you chugging so fast?
400
00:27:53,846 --> 00:27:56,205
Go easy, I can't take you home tonight.
401
00:27:56,229 --> 00:27:58,369
You're making me thirsty.
402
00:27:58,393 --> 00:28:02,169
A recent exposé uncovered illegal betting
on golf matches among CEOs...
403
00:28:02,193 --> 00:28:04,603
Those sons of bitches!
404
00:28:04,627 --> 00:28:07,636
And one of them turned out to be
Chairman Seok of Gukbo.
405
00:28:07,660 --> 00:28:10,291
Yes, he's definitely the Gukbo chairman.
406
00:28:10,315 --> 00:28:13,579
He comes by often, so I know his face well.
407
00:28:13,603 --> 00:28:16,673
He usually bets between
300,000 and 500,000 per stroke,
408
00:28:16,697 --> 00:28:19,869
but he was betting a million that day.
409
00:28:19,893 --> 00:28:22,436
Taxpayer money is being
used to delay bankruptcy,
410
00:28:22,460 --> 00:28:26,336
and citizens rally to save Gukbo
by buying their soju
411
00:28:26,360 --> 00:28:28,636
- to help sales recover.
- They still haven't got it together.
412
00:28:28,660 --> 00:28:31,394
- But the chairman is deceiving
- Easy, easy.
413
00:28:31,418 --> 00:28:36,550
The public and the government
while playing high-stakes golf.
414
00:28:37,793 --> 00:28:40,536
Ma'am, we don't want Top Soju!
415
00:28:40,560 --> 00:28:42,282
Give us something else!
416
00:28:42,306 --> 00:28:43,769
I'll take that Top Soju!
417
00:28:43,793 --> 00:28:45,427
Sure.
418
00:28:46,649 --> 00:28:49,169
Another Top, please!
419
00:28:49,193 --> 00:28:51,227
A bottle of Top!
420
00:28:51,827 --> 00:28:53,660
Director.
421
00:28:54,393 --> 00:28:56,293
Another drink?
422
00:29:17,660 --> 00:29:20,927
(I Love Gukbo!)
423
00:29:33,188 --> 00:29:37,706
Workers face wage cuts, while the
execs are playing high-stakes golf!
424
00:29:37,730 --> 00:29:41,436
Incompetent and corrupt
Seok must step down!
425
00:29:41,460 --> 00:29:43,369
- Step down!
- Step down!
426
00:29:43,393 --> 00:29:46,948
Seok Jin-woo must step down!
427
00:29:46,972 --> 00:29:49,169
- Step down!
- Step down!
428
00:29:49,193 --> 00:29:52,436
Seok Jin-woo must step down!
429
00:29:52,460 --> 00:29:54,703
- Step down!
- Step down!
430
00:29:54,727 --> 00:29:57,436
Seok has ignored our blood and tears!
431
00:29:57,460 --> 00:29:59,203
He must resign!
432
00:29:59,227 --> 00:30:02,536
- Resign at once!
- Resign at once!
433
00:30:02,560 --> 00:30:04,618
I don't think today's the day for this.
434
00:30:04,642 --> 00:30:08,236
We've got our final
meeting with Solquin today.
435
00:30:08,260 --> 00:30:09,569
I believe we should proceed.
436
00:30:09,593 --> 00:30:11,036
Shouldn't we call the cops?
437
00:30:11,060 --> 00:30:16,460
If we do that, the media
will just make it worse.
438
00:30:20,493 --> 00:30:22,760
Please give me ten minutes.
439
00:30:58,055 --> 00:30:59,689
Chairman.
440
00:31:07,627 --> 00:31:10,236
Stupid bastard.
441
00:31:10,260 --> 00:31:13,236
He's brain dead, so he's getting physical.
442
00:31:13,260 --> 00:31:14,744
I hope you can understand.
443
00:31:14,768 --> 00:31:17,160
We'll reschedule the meeting.
444
00:31:17,993 --> 00:31:21,203
I'll be in touch before flying out.
445
00:31:21,227 --> 00:31:22,860
Okay!
446
00:31:42,152 --> 00:31:44,152
In Beom!
447
00:31:45,627 --> 00:31:48,341
Why did you bother coming?
448
00:31:48,365 --> 00:31:51,693
Just wanted to give you
some meds, that's all.
449
00:31:51,717 --> 00:31:54,124
Why'd you buy so much?
They've got this in Hong Kong too.
450
00:31:54,148 --> 00:31:56,548
I'm kinda sad you're leaving.
451
00:31:57,327 --> 00:31:59,358
Things started going well after we met.
452
00:31:59,382 --> 00:32:00,669
I'm really grateful.
453
00:32:00,693 --> 00:32:04,736
Don't drown your sorrows
just because we sold the basketball team.
454
00:32:04,760 --> 00:32:07,336
You have to take care of yourself.
455
00:32:07,360 --> 00:32:10,003
Yeah, you're right.
456
00:32:10,027 --> 00:32:11,828
I have no one to drink with anyway.
457
00:32:11,852 --> 00:32:13,950
Sohn just had a baby.
458
00:32:13,974 --> 00:32:18,584
So I literally kick him out of the office
at seven.
459
00:32:18,608 --> 00:32:21,412
I tell him not to end up like me.
460
00:32:21,436 --> 00:32:25,460
Call me when you're back,
we'll grab another drink then.
461
00:32:26,493 --> 00:32:29,369
Take a vacation and come visit Hong Kong.
462
00:32:29,393 --> 00:32:33,336
No one up top even notices
you're working yourself to death.
463
00:32:33,360 --> 00:32:37,927
Look who's talking. You and I are
the same, a couple of workaholics.
464
00:32:43,293 --> 00:32:44,960
I'm off.
465
00:32:50,460 --> 00:32:52,760
All right. Safe travels.
466
00:32:53,947 --> 00:32:55,603
Thank you for this.
467
00:32:55,627 --> 00:32:57,260
Bye.
468
00:33:12,599 --> 00:33:14,779
(1998)
469
00:33:14,803 --> 00:33:17,138
(2003)
470
00:33:17,162 --> 00:33:19,736
(5 years later)
471
00:33:19,760 --> 00:33:21,803
Bet you want to lower the stakes now.
(Repayment 3 days overdue)
472
00:33:21,827 --> 00:33:24,936
We can still lower it if you want.
473
00:33:24,960 --> 00:33:27,127
Shut up. Just stick with a million won!
474
00:33:27,760 --> 00:33:31,036
I heard Gukbo Japan is
being sold to Osaka Beer.
475
00:33:31,060 --> 00:33:35,736
It must sting,
selling off a golden goose like that.
476
00:33:35,760 --> 00:33:37,483
It was doing well in Japan.
477
00:33:37,507 --> 00:33:39,236
What can I say? Got no other options.
478
00:33:39,260 --> 00:33:41,503
Just gotta carve off a piece
and stitch things back up.
479
00:33:41,527 --> 00:33:42,665
It's almost done.
480
00:33:42,689 --> 00:33:44,669
Pyo must've gone to hell and back.
481
00:33:44,693 --> 00:33:47,669
What's that dumb-ass ever done?
482
00:33:47,693 --> 00:33:51,827
Solquin charged a fat fee
and handed him the whole solution!
483
00:33:54,793 --> 00:33:58,393
Where the hell is the update?
484
00:34:00,427 --> 00:34:01,903
Director!
485
00:34:01,927 --> 00:34:03,769
How did it go?
486
00:34:03,793 --> 00:34:06,869
Osaka Beer is asking
for just two more days.
487
00:34:06,893 --> 00:34:08,855
Can't tell if they're stalling or serious.
488
00:34:08,879 --> 00:34:10,269
We'll have to wait it out, then.
489
00:34:10,293 --> 00:34:12,103
They're still coming to Busan, right?
490
00:34:12,127 --> 00:34:13,758
- Well, it's...
- Sit, come sit down.
491
00:34:13,782 --> 00:34:14,925
Okay.
492
00:34:15,527 --> 00:34:20,103
We're already three days past the deadline.
493
00:34:20,127 --> 00:34:21,577
Feels intentional, doesn't it?
494
00:34:21,601 --> 00:34:24,378
The court approved the
repayment extension, right?
495
00:34:24,402 --> 00:34:26,069
Not yet.
496
00:34:26,093 --> 00:34:27,736
I'm sure it'll go through.
497
00:34:27,760 --> 00:34:31,793
They know we're
negotiating with Osaka Beer.
498
00:34:33,327 --> 00:34:34,769
Don't worry.
499
00:34:34,793 --> 00:34:37,269
Osaka won't back out of the deal.
500
00:34:37,293 --> 00:34:41,627
The creditors won't panic
just because we're a few days late.
501
00:34:42,709 --> 00:34:44,553
Let's head back to Seoul for now.
502
00:34:44,577 --> 00:34:45,893
Yes, sir.
503
00:34:47,561 --> 00:34:50,995
I'll call the court again
to confirm we'll repay.
504
00:34:56,712 --> 00:35:00,449
We've long wanted to
expand into the soju market.
505
00:35:00,473 --> 00:35:07,149
So when we heard about Gukbo Japan's sale,
we moved fast.
506
00:35:07,173 --> 00:35:10,448
But the offer you made for Ginjo Soju
was too good to pass up,
507
00:35:10,472 --> 00:35:13,423
so we had to reconsider.
508
00:35:13,447 --> 00:35:15,775
Under the name of Stone Investment.
509
00:35:15,799 --> 00:35:17,564
In a few years,
510
00:35:17,588 --> 00:35:21,447
this shell company will be the
largest shareholder of Gukbo in Korea.
511
00:35:21,471 --> 00:35:25,353
We are only financing 100 million dollars
for this project.
512
00:35:25,377 --> 00:35:30,283
Like, how could we possibly control
a large company like Gukbo?
513
00:35:30,307 --> 00:35:35,533
So my second strategy is, we collect
bonds from its overseas subsidiaries,
514
00:35:35,557 --> 00:35:38,525
so that Gukbo cannot easily react to it.
515
00:35:38,549 --> 00:35:43,220
The highest value of its overseas
subsidiary is Gukbo Japan.
516
00:35:43,244 --> 00:35:46,095
They have to sell it to pay back the debt.
517
00:35:46,119 --> 00:35:48,568
Since it's their best performer,
518
00:35:48,592 --> 00:35:52,384
I'm gonna convince them to hang on to it
as long as possible.
519
00:35:52,408 --> 00:35:55,537
We'll make a move... at that moment.
520
00:35:55,561 --> 00:35:59,712
So it's pretty obvious that Osaka Beer
will drool about that company.
521
00:35:59,736 --> 00:36:04,876
They only just need another liquid company
that could potentially sway Osaka Beer.
522
00:36:04,900 --> 00:36:09,634
They'll need to dangle Gukbo
until they miss the golden hour window.
523
00:36:13,760 --> 00:36:17,603
We've decided to purchase
Ginjo Soju instead of Gukbo.
524
00:36:17,627 --> 00:36:20,760
Let's get started on the MOU today.
525
00:36:23,021 --> 00:36:25,236
I'm really sorry to say,
526
00:36:25,260 --> 00:36:32,703
but we got a call from Ginjo Soju this morning
saying they want to renegotiate the sale price.
527
00:36:32,727 --> 00:36:37,103
If you could give us a little more time,
we'll try to talk them down.
528
00:36:37,127 --> 00:36:40,169
Though, I can't promise anything.
529
00:36:40,193 --> 00:36:42,636
What is this?
530
00:36:42,660 --> 00:36:47,765
We only considered Ginjo Soju, with
Gukbo's acquisition practically sealed,
531
00:36:47,789 --> 00:36:52,476
because Solquin, as a trusted intermediary,
proposed a very generous offer!
532
00:36:52,500 --> 00:37:00,500
Right now, all we can say on their behalf is that
they're asking for about a 30% price increase.
533
00:37:02,960 --> 00:37:06,493
Call Gukbo Japan.
534
00:37:07,593 --> 00:37:08,736
Hurry.
535
00:37:08,760 --> 00:37:10,393
Yes, sir.
536
00:37:15,327 --> 00:37:17,027
Yes?
537
00:37:18,660 --> 00:37:19,703
Yes.
538
00:37:19,727 --> 00:37:21,269
Yes, I understand.
539
00:37:21,293 --> 00:37:22,669
Director Pyo!
540
00:37:22,693 --> 00:37:23,936
Yes?
541
00:37:23,960 --> 00:37:26,733
Osaka Beer wants to meet immediately.
542
00:37:26,757 --> 00:37:28,136
They're here?
543
00:37:28,160 --> 00:37:30,103
Yes.
544
00:37:30,127 --> 00:37:32,460
- All right, get us a cab.
- Right away.
545
00:37:33,593 --> 00:37:35,303
Taxi! Taxi!
546
00:37:35,327 --> 00:37:38,069
Over here!
547
00:37:38,093 --> 00:37:40,903
The review process
took longer than expected.
548
00:37:40,927 --> 00:37:45,415
We deeply apologize for the delay.
549
00:37:45,439 --> 00:37:49,736
You've apologized, so
I won't press it further.
550
00:37:49,760 --> 00:37:51,163
Thank you.
551
00:37:51,187 --> 00:37:52,710
Please, let's sit.
552
00:37:54,993 --> 00:37:58,554
Let's proceed with the contract today.
553
00:37:58,578 --> 00:38:00,293
Certainly.
554
00:38:15,293 --> 00:38:17,452
What's going on?
555
00:38:17,476 --> 00:38:20,103
- Pardon?
- Gukbo Hong Kong's creditors
556
00:38:20,127 --> 00:38:26,829
have reportedly filed a lawsuit in Japan
claiming ownership of Gukbo Japan!
557
00:38:26,853 --> 00:38:29,336
That can't be right.
558
00:38:29,360 --> 00:38:31,860
What's he talking about?
559
00:38:34,893 --> 00:38:35,925
Excuse me.
560
00:38:35,949 --> 00:38:40,534
(Gukbo Japan's been hit
with a trademark lawsuit)
561
00:38:41,193 --> 00:38:46,103
Trying to sell during
an active legal dispute?
562
00:38:46,127 --> 00:38:47,903
This is unacceptable.
563
00:38:47,927 --> 00:38:49,236
Let's go.
564
00:38:49,260 --> 00:38:53,636
Mr. Kono. Mr. Kono. Please, wait!
565
00:38:53,660 --> 00:38:56,393
- One moment please, Mr. Kono!
- Mr. Kono, please!
566
00:38:58,393 --> 00:39:00,260
Hold on a second.
567
00:39:02,093 --> 00:39:07,357
It feels like the Hong Kong creditors
are stirring things up on purpose.
568
00:39:07,381 --> 00:39:09,193
But why would they?
569
00:39:14,527 --> 00:39:16,327
- Hello?
- Director!
570
00:39:16,351 --> 00:39:20,151
The rep of the Hong Kong creditors
turns out to be Solquin!
571
00:39:21,860 --> 00:39:23,760
Solquin?
572
00:39:24,960 --> 00:39:28,427
All right, this hole is
two million per stroke!
573
00:39:30,759 --> 00:39:32,136
Chairman!
574
00:39:32,160 --> 00:39:33,180
What?
575
00:39:33,204 --> 00:39:35,669
- You goddamn moron!
- I'm sorry, sir.
576
00:39:35,693 --> 00:39:38,469
How the hell are you even doing your job?
577
00:39:38,493 --> 00:39:41,936
Solquin knew everything about
our overseas bond situation,
578
00:39:41,960 --> 00:39:43,769
and they played both sides.
579
00:39:43,793 --> 00:39:46,503
Speak plainly, for fuck's sake!
580
00:39:46,527 --> 00:39:50,823
They advised us to sell
Gukbo Japan to Osaka,
581
00:39:50,847 --> 00:39:53,295
- but they sabotaged the...
- Those sons of bitches!
582
00:39:53,319 --> 00:39:56,136
What the hell do they
gain from blocking the sale?
583
00:39:56,160 --> 00:39:59,536
What do they gain by
filing a trademark lawsuit...
584
00:39:59,560 --> 00:40:01,203
Wait a minute.
585
00:40:01,227 --> 00:40:04,260
The sudden delay in
the Osaka deal feels off.
586
00:40:05,793 --> 00:40:09,003
They're after management control!
587
00:40:09,027 --> 00:40:10,961
Stop them, no matter what.
588
00:40:10,985 --> 00:40:13,357
You have to stop them!
589
00:40:13,381 --> 00:40:16,836
Stop them!
590
00:40:16,860 --> 00:40:20,193
(It's smooth and fresh)
591
00:40:33,293 --> 00:40:35,403
You're one step too late.
592
00:40:35,427 --> 00:40:40,960
You missed the 1.7 trillion won
repayment deadline by three days.
593
00:40:41,606 --> 00:40:45,254
Solquin has filed for Gukbo's bankruptcy
as a creditor.
594
00:40:45,278 --> 00:40:47,693
Now the court will decide.
595
00:40:51,527 --> 00:40:54,336
You really did this to me?
596
00:40:54,360 --> 00:40:56,327
Are you...
597
00:40:57,193 --> 00:41:00,393
really the In Beom I know?
598
00:41:02,093 --> 00:41:06,203
Seeing all our confidential documents, our
profitability made you change your mind?
599
00:41:06,227 --> 00:41:10,393
So you started buying up our bond
behind our backs?
600
00:41:11,560 --> 00:41:13,193
Or...
601
00:41:14,127 --> 00:41:20,366
did you approach us from the beginning
because this was your goal?
602
00:41:20,390 --> 00:41:23,515
We legally acquired the debt
from Stone Investment.
603
00:41:23,539 --> 00:41:28,993
Stone held Gukbo's bonds,
and we paid for them fair and square.
604
00:41:30,114 --> 00:41:33,425
Are you being serious right now?
Who do you take me for?
605
00:41:33,449 --> 00:41:38,489
If you were genuinely just investors, you
never should've approached us as consultants!
606
00:41:38,513 --> 00:41:40,603
Call it "advanced financial engineering."
607
00:41:40,627 --> 00:41:41,754
What?
608
00:41:41,778 --> 00:41:46,736
You learned your lesson,
so feel free to benchmark us.
609
00:41:46,760 --> 00:41:49,527
You really are trash.
610
00:41:58,760 --> 00:42:04,460
"Advanced financial engineering"? You
call backstabbing clients advanced finance?
611
00:42:05,633 --> 00:42:09,769
Mark my words,
we're not going down without a fight.
612
00:42:09,793 --> 00:42:12,527
You really think the creditors
will agree to the bankruptcy?
613
00:42:13,327 --> 00:42:15,926
Most of the creditors are Koreans.
614
00:42:15,950 --> 00:42:19,734
Will they just hand over
Gukbo to a foreign firm?
615
00:42:19,758 --> 00:42:21,736
Fucking hell!
616
00:42:21,760 --> 00:42:27,236
That naive belief that the creditors
will try to save Gukbo.
617
00:42:27,260 --> 00:42:29,803
That mindset is totally wrong.
618
00:42:29,827 --> 00:42:32,569
That's exactly why you're losing!
619
00:42:32,593 --> 00:42:33,769
Do you hear me?
620
00:42:33,793 --> 00:42:36,436
You're afraid of nothing, huh?
621
00:42:36,460 --> 00:42:41,236
Why would a thief be scared of anything?
622
00:42:41,260 --> 00:42:43,336
We don't go after just anything.
623
00:42:43,360 --> 00:42:45,280
We pounce when we see a weakness.
624
00:42:45,304 --> 00:42:50,593
Because we're a company with weaknesses,
it's fair game to attack us?
625
00:43:07,130 --> 00:43:09,231
Alright, alright, alright.
626
00:43:11,349 --> 00:43:13,427
Alright, listen up, listen up!
627
00:43:13,451 --> 00:43:17,216
To this fucking asshole
who killed the first step.
628
00:43:17,240 --> 00:43:18,497
Cheers!
629
00:43:18,521 --> 00:43:20,567
- Cheers!
- Cheers!
630
00:43:26,807 --> 00:43:31,494
Phones are ringing off the hook
in Hong Kong. It's been insane.
631
00:43:31,518 --> 00:43:34,158
Gukbo probably clued in, right?
632
00:43:34,182 --> 00:43:35,971
They'll sue, won't they?
633
00:43:35,995 --> 00:43:39,565
Now call me anytime if you need help.
634
00:43:40,659 --> 00:43:42,463
This is gonna be messy.
635
00:43:42,487 --> 00:43:47,682
Fighting for creditors,
and fighting with Gukbo in court.
636
00:43:47,706 --> 00:43:50,510
You don't really like them, do you?
637
00:43:53,995 --> 00:43:55,791
Yeah.
638
00:43:55,815 --> 00:43:58,119
He irritates me.
639
00:43:58,143 --> 00:44:00,541
He knows nothing of the world.
640
00:44:00,565 --> 00:44:08,565
But somehow, his stupidity makes
me feel like... I'm a fucking asshole.
641
00:44:20,693 --> 00:44:25,569
Solquin will focus on rallying creditors
who support bankruptcy.
642
00:44:25,593 --> 00:44:30,036
The majority's stance will
heavily influence the court's decision.
643
00:44:30,060 --> 00:44:31,937
So this ends up in court?
644
00:44:31,961 --> 00:44:36,486
Isn't there any way to overturn it
by revealing Solquin's double-dealing?
645
00:44:36,510 --> 00:44:42,814
Chairman, the truth is,
Gukbo failed to repay its debt on time.
646
00:44:44,693 --> 00:44:47,136
We can't cancel the application
now that it's been filed.
647
00:44:47,160 --> 00:44:53,336
As for Solquin violating the NDA,
Gukbo will need to prove that in court.
648
00:44:53,360 --> 00:44:57,027
Solquin won't readily admit it.
649
00:44:57,051 --> 00:44:58,422
Shit.
650
00:44:58,446 --> 00:45:02,029
Pyo got played like a puppet for
five years. Can you believe this?
651
00:45:02,053 --> 00:45:07,893
How did he not suspect anything,
and blindly believed every word they said?
652
00:45:10,293 --> 00:45:13,193
Let's not get too discouraged.
653
00:45:15,670 --> 00:45:21,445
Not many Koreans want to see Gukbo
handed over to a foreign company.
654
00:45:21,469 --> 00:45:23,513
Isn't Top Soju practically
the national drink?
655
00:45:23,537 --> 00:45:26,669
Use public opinion to your advantage.
656
00:45:26,693 --> 00:45:29,536
A good number of creditors
will oppose the bankruptcy.
657
00:45:29,560 --> 00:45:33,293
Focus on securing as
many of them as possible.
658
00:45:47,660 --> 00:45:50,403
We need to buy more bonds.
659
00:45:50,427 --> 00:45:52,969
I'll scrape together ten billion
by the end of the week.
660
00:45:52,993 --> 00:45:54,403
So buy some more.
661
00:45:54,427 --> 00:45:59,860
At this rate, it's all over for us.
662
00:46:16,511 --> 00:46:19,169
Damn, Solquin really is something else.
663
00:46:19,193 --> 00:46:21,875
Their M&A strategy is insanely calculated.
664
00:46:21,899 --> 00:46:24,636
Global investment firms
really are on another level.
665
00:46:24,660 --> 00:46:26,603
You call that an M&A strategy?
666
00:46:26,627 --> 00:46:29,603
That's called a con job!
667
00:46:29,627 --> 00:46:31,603
You should know better,
working as a financial supervisor.
668
00:46:31,627 --> 00:46:35,303
Dude, to be honest,
if it's not technically illegal,
669
00:46:35,327 --> 00:46:37,636
even fraud counts as financial strategy.
670
00:46:37,660 --> 00:46:40,227
Speculation and investment
are basically the same.
671
00:46:41,593 --> 00:46:45,703
Tanzania earns 3 trillion a year
and splits it among 25 million people,
672
00:46:45,727 --> 00:46:49,036
while Solquin makes 3 trillion a year
and splits it among 160 people.
673
00:46:49,060 --> 00:46:51,260
Shut up and drink.
674
00:46:55,193 --> 00:47:01,093
(Save Gukbo Campaign HQ)
675
00:47:02,636 --> 00:47:04,292
It's our honor to meet you.
676
00:47:06,159 --> 00:47:10,262
You can save Gukbo only by filing for
court receivership,
677
00:47:10,286 --> 00:47:13,636
and finding a specialist
to confidently manage the company.
678
00:47:13,660 --> 00:47:16,569
Please help save Gukbo. Thank you!
679
00:47:16,593 --> 00:47:18,436
- We ask for your support.
- Sure.
680
00:47:18,460 --> 00:47:19,903
Please help.
681
00:47:19,927 --> 00:47:23,483
We had more than
enough time, but Solquin...
682
00:47:23,507 --> 00:47:25,992
Chairman Seok recklessly
created subsidiaries,
683
00:47:26,016 --> 00:47:30,336
using top-selling Gukbo Soju as collateral,
didn't he?
684
00:47:30,360 --> 00:47:35,836
His vanity ultimately put a solid company
like Gukbo in jeopardy.
685
00:47:35,860 --> 00:47:37,372
These documents prove that
686
00:47:37,396 --> 00:47:43,669
Solquin disrupted the sale of Gukbo Japan,
which prevented us from repaying our debt.
687
00:47:43,693 --> 00:47:45,714
If you look at page three,
688
00:47:45,738 --> 00:47:49,286
there's a report from Solquin itself
advising us to sell Gukbo Japan.
689
00:47:49,310 --> 00:47:52,169
At that time, Solquin had
already created a shell company...
690
00:47:52,193 --> 00:47:57,434
Chairman Seok will never
be able to revive Gukbo.
691
00:47:57,458 --> 00:47:59,895
He has shown no remorse
for his own mistakes
692
00:47:59,919 --> 00:48:03,619
and insists he's the only
one who can run Gukbo.
693
00:48:03,643 --> 00:48:09,069
Would you really entrust this company
to such a self-serving man?
694
00:48:09,093 --> 00:48:10,769
(Creditor Overview)
(April 28th, 2003)
695
00:48:10,793 --> 00:48:12,994
If the sale of Gukbo
Japan hadn't been blocked,
696
00:48:13,018 --> 00:48:17,002
we could have easily repaid the principal,
and been on the road to recovery!
697
00:48:17,026 --> 00:48:22,303
The way to save Gukbo is to find a new,
competent leadership through court receivership.
698
00:48:22,327 --> 00:48:24,703
Solquin states that there is
699
00:48:24,727 --> 00:48:29,603
a strict "Chinese Wall" between
consulting and investment departments.
700
00:48:29,627 --> 00:48:35,792
They claim that Gukbo's allegations of insider
information sharing simply aren't possible!
701
00:48:35,816 --> 00:48:37,169
What is a "Chinese Wall"?
702
00:48:37,193 --> 00:48:41,369
It's an information
barrier preventing firms
703
00:48:41,393 --> 00:48:45,593
from using consulting data
for their own investments...
704
00:48:46,560 --> 00:48:48,769
The trial begins next week.
705
00:48:48,793 --> 00:48:53,236
Any thoughts on the court
now deciding Gukbo's fate?
706
00:48:53,260 --> 00:48:57,236
Solquin, a global consulting firm,
707
00:48:57,260 --> 00:49:00,944
came in under the guise of an advisor
and took all of our internal secrets.
708
00:49:00,968 --> 00:49:03,164
They secretly bought up bonds,
709
00:49:03,188 --> 00:49:06,151
and now they're trying to take over
Gukbo's management itself.
710
00:49:06,175 --> 00:49:10,275
We trust the court will
deliver a fair judgment.
711
00:49:11,793 --> 00:49:15,936
Do you realize we've been
working 115 hours a week?
712
00:49:15,960 --> 00:49:18,069
And I'm not even getting a bonus.
713
00:49:18,093 --> 00:49:21,169
Isn't getting posted to
New York your bonus?
714
00:49:21,193 --> 00:49:22,860
That's true.
715
00:49:33,586 --> 00:49:37,804
62% of creditors still oppose
to bankruptcy, is that true?
716
00:49:37,828 --> 00:49:39,421
61% actually.
717
00:49:39,445 --> 00:49:44,844
I found that Chairman Seok made a size able
slush fund to get the current president elected.
718
00:49:44,868 --> 00:49:49,210
If an arrest warrant is issued, and
he's forced to stand in the police lineup,
719
00:49:49,234 --> 00:49:53,273
more than half the creditors
will change their minds.
720
00:49:53,297 --> 00:49:54,796
No, it's not enough.
721
00:49:54,820 --> 00:49:56,671
Slush fund doesn't feel dirty enough.
722
00:49:56,695 --> 00:49:58,347
Put yourself in the creditors' position.
723
00:49:58,371 --> 00:50:00,682
They'll think Chairman Seok is doing
whatever he can to save the company.
724
00:50:00,706 --> 00:50:02,054
How about an audit?
725
00:50:02,078 --> 00:50:04,148
Link them to national tax service.
726
00:50:04,172 --> 00:50:08,006
They go after companies that barely survive
the IMF crisis?
727
00:50:08,030 --> 00:50:13,304
That's not a bad idea because we need...
we need something bigger than a tax audit.
728
00:50:13,328 --> 00:50:16,320
Who knows Gukbo like we do?
729
00:50:16,344 --> 00:50:17,929
That law firm?
730
00:50:17,953 --> 00:50:23,539
Mumyeong has been in charge of Gukbo since
the approval of the composition in 1997.
731
00:50:23,563 --> 00:50:25,590
They represented Gukbo for
the last five years.
732
00:50:25,614 --> 00:50:29,328
They would damn well know Gukbo's
fucking weaknesses. Which means...
733
00:50:29,352 --> 00:50:31,882
they're the perfect partner for us.
734
00:50:33,109 --> 00:50:38,226
Gukbo can approve. Solquin's internal departments
have been sharing information with each other.
735
00:50:38,250 --> 00:50:41,184
But it's illegal for Mumyeong
to be partnered with us.
736
00:50:41,208 --> 00:50:45,023
It's a conflict of interest with
the Korean Attorney-at-law Act.
737
00:50:45,047 --> 00:50:48,249
This plan could backfire on us. Big time.
738
00:50:48,273 --> 00:50:50,656
Hey, Beom. You wanna win?
739
00:50:50,680 --> 00:50:53,656
Then you accept the risk, okay?
Let's figure it out.
740
00:50:53,680 --> 00:50:57,148
Remember, information is king.
741
00:50:57,172 --> 00:50:59,992
High risk, high return.
742
00:51:01,693 --> 00:51:06,002
(Law Firm Mumyeong)
743
00:51:06,026 --> 00:51:08,518
- Please have a seat.
- Thank you.
744
00:51:13,016 --> 00:51:17,843
So, Solquin is finally our client.
745
00:51:17,867 --> 00:51:19,421
Are we?
746
00:51:20,156 --> 00:51:22,992
We've actually been wanting to go global
for a long time.
747
00:51:23,016 --> 00:51:28,781
Since Korean laws are different
from the U.S., you need a friend here.
748
00:51:28,805 --> 00:51:30,859
We'd be more than happy to be a partner.
749
00:51:30,883 --> 00:51:34,429
Wow, I'm glad to hear that.
750
00:51:34,453 --> 00:51:37,453
Mumyeong served as
Gukbo's legal representative
751
00:51:37,477 --> 00:51:41,726
from the composition approval
to the recent restructure.
752
00:51:41,750 --> 00:51:47,903
Given your close ties to Gukbo, is it
legally feasible for you to work with us?
753
00:51:47,927 --> 00:51:50,958
Of course, it's not a problem.
754
00:51:51,685 --> 00:51:54,778
The law is like a spider web.
755
00:51:54,802 --> 00:51:58,497
Small bugs such as flies and mosquitoes
get caught and die.
756
00:51:58,521 --> 00:52:03,724
But large animals like birds fly through
without a worry in the world.
757
00:52:04,482 --> 00:52:07,067
I know exactly what you're worried about.
758
00:52:07,091 --> 00:52:11,739
The provisions of the Attorney-at-law Act
is a conflict of interest.
759
00:52:11,763 --> 00:52:17,177
But we can proceed
without violating any regulations.
760
00:52:17,201 --> 00:52:22,294
There are plenty of law firms
that will gladly be our puppet.
761
00:52:22,318 --> 00:52:27,880
Aside from the law,
are you okay with this, personally?
762
00:52:28,990 --> 00:52:34,138
I mean, you have an amicable
working relationship with Gukbo, I heard.
763
00:52:36,881 --> 00:52:40,881
Haven't you also had an amicable
relationship with Gukbo?
764
00:52:44,209 --> 00:52:48,278
It's the job of the court to make
moral decisions and judgement.
765
00:52:48,302 --> 00:52:52,771
Law firms simply decide
which clients they work with.
766
00:52:53,779 --> 00:52:55,911
Does that clear everything up?
767
00:52:57,310 --> 00:53:01,446
We can force Gukbo
into declaring bankruptcy.
768
00:53:01,470 --> 00:53:05,169
And I'll put Gukbo in your path.
769
00:53:05,193 --> 00:53:06,336
Your Honor.
770
00:53:06,360 --> 00:53:10,080
Gukbo is a highly capable company,
generating over 200 billion won
771
00:53:10,104 --> 00:53:12,069
in operating profit annually.
(First Hearing)
772
00:53:12,093 --> 00:53:16,408
As Top Soju has contributed significantly to
Gukbo's recovery since it launched in 1997,
773
00:53:16,432 --> 00:53:20,369
they got to fully meet
its composition terms.
774
00:53:20,393 --> 00:53:21,503
Furthermore...
775
00:53:21,527 --> 00:53:25,227
Why isn't Mumyeong handling
such an important trial for us?
776
00:53:27,660 --> 00:53:29,435
They suddenly backed out.
777
00:53:29,459 --> 00:53:32,859
They declined twice, so I stopped asking.
778
00:53:34,093 --> 00:53:37,144
The opposition is a firm called 2K,
779
00:53:37,168 --> 00:53:39,156
- I've never heard of them.
- Your Honor,
780
00:53:39,180 --> 00:53:44,036
may I read a petition that the Gukbo labor
union asked me to present to the court?
781
00:53:44,060 --> 00:53:46,036
Keep it short.
782
00:53:46,060 --> 00:53:51,369
When executive mistakes put our company in crisis,
Gukbo's 10,000 workers took to the streets,
783
00:53:51,393 --> 00:53:54,736
promoting Top Soju
wherever alcohol was sold.
784
00:53:54,760 --> 00:53:59,769
Their efforts brought in 200 billion won
in profit and boosted market share,
785
00:53:59,793 --> 00:54:03,603
and full recovery was within our grasp.
786
00:54:03,627 --> 00:54:11,627
If Gukbo is declared bankrupt now, all our
hard work would be dismissed and betrayed.
787
00:54:13,795 --> 00:54:17,303
That's right. Gukbo is a solid company
with strong operating profits.
788
00:54:17,327 --> 00:54:20,820
Both the creditors and the public
want to see Gukbo revived.
789
00:54:20,844 --> 00:54:24,169
Which is exactly why Solquin
filed for Gukbo's bankruptcy.
790
00:54:24,193 --> 00:54:27,876
Because under corrupt leadership,
Gukbo's future is bleak.
791
00:54:27,900 --> 00:54:29,203
- Your Honor!
- Your Honor.
792
00:54:29,227 --> 00:54:33,369
I'm explaining the justified distrust
toward Gukbo's current leadership.
793
00:54:33,393 --> 00:54:35,069
You can continue.
794
00:54:35,093 --> 00:54:40,769
For months, rumors of Chairman Seok's
embezzlement circulated.
795
00:54:40,793 --> 00:54:44,203
And people said it wasn't
just some baseless market gossip.
796
00:54:44,227 --> 00:54:50,836
Yesterday, prosecutors officially launched
an investigation into Chairman Seok.
797
00:54:50,860 --> 00:54:55,436
There's strong suspicion
he used funds that should've been used
798
00:54:55,460 --> 00:55:00,303
to repay company debt
to defend his control of the company.
799
00:55:00,327 --> 00:55:05,060
Possibly through illegal practices
like buying back company bonds.
800
00:55:08,560 --> 00:55:10,436
Was it you?
801
00:55:10,460 --> 00:55:13,703
Were you running your damn mouth?
802
00:55:13,727 --> 00:55:17,003
If not, bring me that bastard
Koo Young Mo right now!
803
00:55:17,027 --> 00:55:19,969
If Mumyeong didn't leak that info,
how the hell would they know?
804
00:55:19,993 --> 00:55:24,536
It's a violation of the Attorney Act!
This is illegal! No?
805
00:55:24,560 --> 00:55:26,669
I'll look into it, sir.
806
00:55:26,693 --> 00:55:28,493
Director Pyo.
807
00:55:30,582 --> 00:55:33,736
We need to make use of this properly.
808
00:55:33,760 --> 00:55:40,736
They say it's hard to prove Solquin
shared our info with their investment arm.
809
00:55:40,760 --> 00:55:43,236
But with this, we can catch them.
810
00:55:43,260 --> 00:55:45,203
We can nail them for this one!
811
00:55:45,227 --> 00:55:49,936
Only Mumyeong had that info.
Sue their ass under the Attorney Act!
812
00:55:49,960 --> 00:55:53,536
And expose Solquin to the media!
813
00:55:53,560 --> 00:55:58,503
If you can't pin this down,
don't bother coming to work.
814
00:55:58,527 --> 00:56:01,527
No, screw that, go kill yourself!
815
00:56:02,193 --> 00:56:05,569
You should've known the second
that son-of-a-bitch Koo declined this case.
816
00:56:05,593 --> 00:56:09,993
You should have figured it out!
817
00:56:11,127 --> 00:56:13,493
You goddamn moron.
818
00:56:29,093 --> 00:56:32,027
(Plaque of Appreciation)
819
00:56:33,693 --> 00:56:37,636
It'll be hard to prove any ties
between 2K and Mumyeong.
820
00:56:37,660 --> 00:56:41,127
Those clever bastards
wouldn't leave a trace.
821
00:56:42,593 --> 00:56:49,103
The prosecutor on Seok's case
won't let go once he sinks his teeth in.
822
00:56:49,127 --> 00:56:51,327
This doesn't look good for Gukbo.
823
00:56:54,027 --> 00:56:56,960
Stop blaming yourself.
824
00:56:57,627 --> 00:57:00,293
There's nothing more you can do.
825
00:57:28,227 --> 00:57:31,264
(Letter of Resignation)
826
00:57:41,160 --> 00:57:43,803
Let me ask you one thing.
827
00:57:43,827 --> 00:57:48,069
Like you said, Seok is a bastard.
828
00:57:48,093 --> 00:57:49,969
And I'm trash for standing by him.
829
00:57:49,993 --> 00:57:52,103
But...
830
00:57:52,127 --> 00:57:55,027
what did the employees do wrong?
831
00:57:55,860 --> 00:57:59,069
I don't care about
anything else, so tell me.
832
00:57:59,093 --> 00:58:05,169
If you take over the company,
do you actually plan to run it properly?
833
00:58:05,193 --> 00:58:07,136
You're not...
834
00:58:07,160 --> 00:58:12,636
gonna lay everyone off
and flip it for profit, are you?
835
00:58:12,660 --> 00:58:15,693
There are many ways to make money.
836
00:58:16,693 --> 00:58:20,493
Isn't there the freedom
to earn money in this country?
837
00:58:22,327 --> 00:58:27,436
You call firing hardworking
people a freedom?
838
00:58:27,460 --> 00:58:32,036
Do you even think about
how they'll struggle just trying
839
00:58:32,060 --> 00:58:35,427
to keep up with tuition
or mortgage payments?
840
00:58:36,893 --> 00:58:40,660
You knew Chairman Seok
was buying up bonds...
841
00:58:41,260 --> 00:58:43,727
with company money.
842
00:58:44,360 --> 00:58:47,227
That was your freedom too.
843
00:58:55,627 --> 00:58:58,678
I admit I made the wrong call.
844
00:58:58,702 --> 00:59:04,579
But I thought helping him was
the only way to keep the company afloat.
845
00:59:04,603 --> 00:59:09,236
For the employees to survive.
846
00:59:09,260 --> 00:59:12,079
Just do me one favor.
847
00:59:12,103 --> 00:59:15,369
For the sake of your bonuses,
848
00:59:15,393 --> 00:59:18,227
people are gonna end up on the streets.
849
00:59:18,893 --> 00:59:22,060
Just think about that for even one minute.
850
00:59:22,893 --> 00:59:24,960
At least you.
851
01:00:13,660 --> 01:00:15,436
Next on the news.
852
01:00:15,460 --> 01:00:16,603
Early this morning,
853
01:00:16,627 --> 01:00:20,336
a man in his fifties jumped from
Gukbo's Namyangju factory rooftop.
854
01:00:20,360 --> 01:00:23,269
The man has been confirmed to be
an executive at Gukbo Group.
855
01:00:23,293 --> 01:00:29,760
He was transported to a hospital
after being found by a factory worker.
856
01:00:31,282 --> 01:00:34,797
Gukbo's sales are incredible!
It's a real golden egg.
857
01:00:34,821 --> 01:00:36,703
Soju really is a unique business.
858
01:00:36,727 --> 01:00:40,828
Top Soju was released in 1987,
100 million bottles were sold in 6 months.
859
01:00:40,852 --> 01:00:45,570
3 billion bottles, 3 years. That's 85
bottles per adult. Can you believe that?
860
01:00:45,594 --> 01:00:47,629
Okay, so when Gukbo enters the M&A Market,
861
01:00:47,653 --> 01:00:50,180
the competition to secure it
is going to be tight, right?
862
01:00:50,204 --> 01:00:51,875
Abso-fuck in-lutely.
863
01:00:51,899 --> 01:00:53,485
Alright, once the bankruptcy is declared,
864
01:00:53,509 --> 01:00:56,852
you gotta delay the sale
as long as possible, alright?
865
01:00:56,876 --> 01:00:59,453
Jack up the price by
jerking the bidders around.
866
01:01:00,391 --> 01:01:02,735
By the way, have you appraised Gukbo yet?
867
01:01:04,868 --> 01:01:10,188
Yes, it was appraised at 2 billion dollars,
but it can be raised up to 2.2 billion.
868
01:01:10,212 --> 01:01:11,617
And what's the expected return?
869
01:01:11,641 --> 01:01:15,531
If Gukbo gets sold at a raised valuation
of 2.2 billion,
870
01:01:15,555 --> 01:01:17,344
it'll be...
871
01:01:18,532 --> 01:01:20,406
600%.
872
01:01:21,173 --> 01:01:24,274
Don't tell me you're jumping into bed
at 2.2 billion?
873
01:01:24,907 --> 01:01:29,180
I'll get some articles going in several
publications and say that Gukbo is undervalued.
874
01:01:29,204 --> 01:01:32,734
Wall Street magazine, a couple of British
business magazines should do the trick.
875
01:01:32,758 --> 01:01:34,430
We can buy those articles, no problem.
876
01:01:34,454 --> 01:01:39,352
If the valuation is 2.2 billion, the
analysts will pump it up to 3.2 billion.
877
01:01:39,376 --> 01:01:41,674
Adding a billion is not unreasonable.
878
01:01:41,698 --> 01:01:44,093
- That's the sound of your bonus going up, buddy.
- Hey.
879
01:01:44,117 --> 01:01:47,305
You'd better lick them lips
and get ready to suck my dick.
880
01:01:48,458 --> 01:01:50,516
Hey, that's right. You are the man.
881
01:01:50,540 --> 01:01:55,109
You manage to pull off this sale,
I'll put you in charge of Solquin Seoul.
882
01:01:55,133 --> 01:01:57,621
Put in a recommendation for you,
that first Solquin branch in Seoul
883
01:01:57,645 --> 01:01:59,817
that you proposed back in New York.
884
01:01:59,841 --> 01:02:01,586
You're gonna build it.
885
01:02:05,559 --> 01:02:07,961
This... This fucking
guy, his name is In Beom.
886
01:02:07,985 --> 01:02:11,012
I think he should change his name to Bomb,
because he's gonna blow up Seoul
887
01:02:11,036 --> 01:02:12,984
and make it his bitch.
888
01:02:13,008 --> 01:02:14,399
Bomb!
889
01:02:15,782 --> 01:02:17,258
Hey Beom.
890
01:02:17,282 --> 01:02:20,766
You don't really wanna go back to New York
as an analyst again, right?
891
01:02:21,633 --> 01:02:23,742
Push it all the way.
892
01:02:23,766 --> 01:02:25,930
We've already spent a billion.
893
01:02:25,954 --> 01:02:28,500
Headquarter wants this wrapped up
by the end of the month.
894
01:02:31,660 --> 01:02:35,999
He was lucky to hit several
structural beams on the way down.
895
01:02:36,023 --> 01:02:38,255
Truly a miracle, Chairman.
896
01:02:38,279 --> 01:02:43,053
Aside from a torn kidney,
there's no major organ damage.
897
01:02:43,077 --> 01:02:45,997
But he really needs glaucoma surgery.
898
01:02:46,021 --> 01:02:48,703
- Glaucoma?
- If he doesn't get it soon, he could go blind.
899
01:02:48,727 --> 01:02:50,360
No.
900
01:02:50,987 --> 01:02:53,153
I'm fine for now.
901
01:03:03,527 --> 01:03:05,969
They said you're being
discharged next week?
902
01:03:05,993 --> 01:03:07,303
Yes.
903
01:03:07,327 --> 01:03:08,960
Director Pyo.
904
01:03:09,693 --> 01:03:12,327
Why did you do something so foolish?
905
01:03:14,593 --> 01:03:16,936
If you had died like that, what about me?
906
01:03:16,960 --> 01:03:21,636
Do you know how much bond
is tied up in your shell company?
907
01:03:21,660 --> 01:03:26,936
How could you try to kill yourself
without telling me?
908
01:03:26,960 --> 01:03:29,669
I get it, you may be upset with me.
909
01:03:29,693 --> 01:03:31,701
But to act so recklessly...
910
01:03:31,725 --> 01:03:35,817
The prosecution's digging into
presidential slush funds.
911
01:03:35,841 --> 01:03:39,393
I can't even change the name
on those assets in this climate.
912
01:03:41,127 --> 01:03:47,469
This hospital's best doctor worked on you.
913
01:03:47,493 --> 01:03:53,627
This company saved your mother's life,
and now it's saved yours too, right?
914
01:03:58,460 --> 01:04:00,869
Yes, thank you.
915
01:04:00,893 --> 01:04:02,703
- Chairman.
- Yeah?
916
01:04:02,727 --> 01:04:08,203
Once we get through this crisis,
please don't lay anyone off.
917
01:04:08,227 --> 01:04:09,936
Of course! I promise.
918
01:04:09,960 --> 01:04:12,260
Why would I fire the staff? No way in hell.
919
01:04:18,378 --> 01:04:21,924
You don't really wanna go back to New York
as an analyst again, right?
920
01:04:22,729 --> 01:04:24,823
Push it all the way.
921
01:04:24,847 --> 01:04:27,042
We've already spent a billion.
922
01:04:27,066 --> 01:04:30,299
Headquarter wants this wrapped up
by the end of the month.
923
01:04:32,927 --> 01:04:36,493
(57% opposed)
(June 3rd, 2003)
924
01:05:04,860 --> 01:05:06,993
How are you doing?
925
01:05:08,060 --> 01:05:10,188
Get to the point.
926
01:05:11,893 --> 01:05:15,269
Have Sohn request documents from the court.
927
01:05:15,293 --> 01:05:20,269
Ask for 2K's list of
pro-bankruptcy creditors.
928
01:05:20,293 --> 01:05:24,769
Then 2K will fax the
documents to the court.
929
01:05:24,793 --> 01:05:30,760
At the hearing, ask the judge to confirm
the origin of that fax.
930
01:05:32,260 --> 01:05:34,336
What are you scheming now?
931
01:05:34,360 --> 01:05:36,746
You already know.
932
01:05:36,770 --> 01:05:41,203
This case is being handled
by Mumyeong, not 2K.
933
01:05:42,514 --> 01:05:46,948
I'm just getting that straight.
934
01:05:49,160 --> 01:05:51,660
This may sound like a joke...
935
01:05:53,036 --> 01:05:57,169
but I can't stand watching
lawyers break the law.
936
01:05:57,193 --> 01:06:01,727
Just know that this isn't a scheme.
937
01:06:07,560 --> 01:06:10,293
(Law Firm 2K)
938
01:06:14,027 --> 01:06:15,869
Public outrage is still boiling over.
939
01:06:15,893 --> 01:06:17,269
(Revealing the Truth about Solquin!)
940
01:06:17,293 --> 01:06:19,669
The "Save Gukbo" campaign
is highly organized too.
941
01:06:19,693 --> 01:06:22,669
The chairman's arrest warrant
will likely be issued.
942
01:06:22,693 --> 01:06:26,393
We just have to time it right.
943
01:06:27,693 --> 01:06:33,896
Ms. Jeon, the court wants the
creditor consent for bankruptcy.
944
01:06:33,920 --> 01:06:36,220
- Send it.
- Yes, ma'am.
945
01:06:54,760 --> 01:06:58,493
(Cancel)
946
01:07:04,727 --> 01:07:08,069
Sir, I'll head out early today.
947
01:07:08,093 --> 01:07:09,860
Go ahead.
948
01:07:21,527 --> 01:07:23,803
Heading home?
949
01:07:23,827 --> 01:07:27,869
Not yet. I got chores to
take care of at the firm.
950
01:07:27,893 --> 01:07:29,403
You're working hard.
951
01:07:29,427 --> 01:07:32,569
If you've got time, I
was hoping for a chat.
952
01:07:32,593 --> 01:07:37,569
- Sounds good. I know a private members club...
- No, let's go to your office.
953
01:07:37,593 --> 01:07:40,027
You've got work to do anyway.
954
01:07:45,893 --> 01:07:48,227
Let me just make a quick call.
955
01:08:10,393 --> 01:08:11,969
Yes, Your Honor.
956
01:08:11,993 --> 01:08:15,136
I was in an important meeting,
so I couldn't take your call.
957
01:08:15,160 --> 01:08:17,760
The Ieum Group case?
958
01:08:31,060 --> 01:08:34,793
I'll get in touch with you tomorrow.
959
01:08:44,579 --> 01:08:48,925
I've actually wanted to grab
a drink with you for some time.
960
01:08:48,949 --> 01:08:52,469
I'm glad you've made time for that today.
961
01:08:52,493 --> 01:08:54,293
Is that so?
962
01:08:56,627 --> 01:08:59,569
We're not too far apart in age,
963
01:08:59,593 --> 01:09:05,403
and I was probably around
five years your senior at SNU.
964
01:09:05,427 --> 01:09:11,560
Not trying to pull rank on my own client,
I just wanted to be friends.
965
01:09:14,793 --> 01:09:21,103
If the Gukbo sale succeeds, Solquin
will open a branch here in Seoul, right?
966
01:09:21,127 --> 01:09:24,993
I heard you're being considered
to lead that branch.
967
01:09:25,693 --> 01:09:29,309
I think we can be long-term partners.
968
01:09:31,660 --> 01:09:37,969
At Mumyeong, we prioritize
clients like Solquin above all else.
969
01:09:37,993 --> 01:09:40,903
That's very kind of you to say.
970
01:09:40,927 --> 01:09:46,069
Honestly, I never expected Mumyeong
to betray Gukbo and take our side.
971
01:09:46,093 --> 01:09:48,969
Lawyers are bound by the law, after all.
972
01:09:48,993 --> 01:09:55,627
Well... American lawyers have been
corporate watchdogs for over a century now.
973
01:10:03,660 --> 01:10:06,593
You seem upset, Mr. Choi.
974
01:10:08,527 --> 01:10:10,966
Is there a problem?
975
01:10:10,990 --> 01:10:14,103
No, it's just...
976
01:10:14,127 --> 01:10:18,103
It makes you feel like there's nothing
you can't get away with in Korea,
977
01:10:18,127 --> 01:10:22,669
and that honestly makes me pretty sad.
978
01:10:22,693 --> 01:10:24,527
Mr. Choi.
979
01:10:26,093 --> 01:10:30,860
I shouldn't be hearing
that from my junior...
980
01:10:32,019 --> 01:10:35,845
so let me be rude to my
VIP client just this once.
981
01:10:35,869 --> 01:10:38,436
Just stick to one thing, you piece of shit.
982
01:10:38,460 --> 01:10:42,636
Stick to making your money with a smile.
983
01:10:42,660 --> 01:10:46,436
Why pretend to be noble while making money?
984
01:10:46,460 --> 01:10:50,460
Stick to one story, you son of a bitch.
985
01:11:02,793 --> 01:11:06,093
What a piece of shit.
986
01:11:07,534 --> 01:11:11,729
(Second Hearing)
987
01:11:17,260 --> 01:11:18,369
Your Honor,
988
01:11:18,393 --> 01:11:22,536
Gukbo's legal advisor has been Mumyeong
for the last five years.
989
01:11:22,560 --> 01:11:27,303
But they aren't representing
Gukbo in this case.
990
01:11:27,327 --> 01:11:30,669
And there was no clear reason
that would've caused a rift.
991
01:11:30,693 --> 01:11:37,603
However, behind 2K,
who is now representing Solquin,
992
01:11:37,627 --> 01:11:43,236
there appears to be Mumyeong, who has
full access to Gukbo's confidential info.
993
01:11:43,260 --> 01:11:45,436
That is outrageous.
994
01:11:45,460 --> 01:11:47,823
That's just speculation with no proof.
995
01:11:47,847 --> 01:11:50,169
I agree, it is outrageous.
996
01:11:50,193 --> 01:11:53,169
But it's a blatant case of
unethical dual representation
997
01:11:53,193 --> 01:11:56,841
and a clear violation of the Attorney Act.
998
01:11:58,599 --> 01:11:59,903
Your Honor,
999
01:11:59,927 --> 01:12:03,462
this document was submitted
to the court by 2K and shared with us.
1000
01:12:03,486 --> 01:12:06,173
Please confirm whether
the sender is indeed 2K.
1001
01:12:06,197 --> 01:12:08,912
Come up and check it for yourself.
1002
01:12:12,493 --> 01:12:20,127
The document 2K submitted to the court
shows a fax number that matches Mumyeong's.
1003
01:12:21,160 --> 01:12:22,697
(Koo Young Mo)
1004
01:12:26,050 --> 01:12:29,196
Your Honor, this must
be some kind of mistake.
1005
01:12:29,220 --> 01:12:33,094
We'll need to verify this matter further,
1006
01:12:33,118 --> 01:12:37,727
so the court is adjourned and this hearing
will be postponed to next week.
1007
01:12:41,260 --> 01:12:44,892
The second bankruptcy hearing for Gukbo
is set for next week.
1008
01:12:44,916 --> 01:12:49,969
Gukbo warns that citizens'
hard-earned savings, soothed by soju,
1009
01:12:49,993 --> 01:12:52,969
could end up in the
hands of foreign investors,
1010
01:12:52,993 --> 01:12:56,136
in an attempt to appeal
to the public and creditors.
1011
01:12:56,160 --> 01:13:00,436
With clear evidence of Solquin's
breach of confidentiality,
1012
01:13:00,460 --> 01:13:06,627
many believe the court is likely
to rule in Gukbo's favor.
1013
01:13:20,360 --> 01:13:22,160
Director.
1014
01:13:33,293 --> 01:13:35,660
Please get your glaucoma surgery.
1015
01:13:37,960 --> 01:13:40,827
I heard about it from the nurse.
1016
01:13:41,593 --> 01:13:44,819
You'll go blind if you don't get it.
1017
01:13:50,627 --> 01:13:52,593
Why did you do it?
1018
01:13:54,360 --> 01:13:57,427
Don't tell me it was
because of Chairman Seok?
1019
01:13:59,093 --> 01:14:00,736
I wasn't being impulsive.
1020
01:14:00,760 --> 01:14:02,903
And definitely not because of him.
1021
01:14:02,927 --> 01:14:07,274
After writing my
resignation letter that night...
1022
01:14:07,298 --> 01:14:10,660
I sat at my desk and
looked back on my life.
1023
01:14:11,684 --> 01:14:15,936
And I realized I'm a man
who only ever knew work.
1024
01:14:15,960 --> 01:14:19,093
My wife left, and so did my daughter.
1025
01:14:22,627 --> 01:14:24,527
All I had left...
1026
01:14:25,493 --> 01:14:27,560
was this company.
1027
01:14:30,860 --> 01:14:37,260
And if I lose it too,
then everything I've lived for...
1028
01:14:38,060 --> 01:14:40,293
it would all feel so empty...
1029
01:14:42,527 --> 01:14:44,703
and unfair.
1030
01:14:44,727 --> 01:14:48,126
That company you care so deeply about...
1031
01:14:48,150 --> 01:14:52,436
Is it really worth throwing
your life away for?
1032
01:14:52,460 --> 01:14:55,603
I just don't get you.
1033
01:14:55,627 --> 01:15:00,803
I work myself to the bone
because I want a fat paycheck, bonuses,
1034
01:15:00,827 --> 01:15:02,969
and guaranteed promotions.
1035
01:15:02,993 --> 01:15:05,869
But that's not why you work!
1036
01:15:05,893 --> 01:15:09,469
So what the hell are
you working so hard for?
1037
01:15:09,493 --> 01:15:13,560
That's exactly what I wanted to tell you
if I ever saw you again.
1038
01:15:15,793 --> 01:15:18,727
That company is ruining you.
1039
01:15:19,627 --> 01:15:24,329
Someone as smart as you could get paid well
and promoted fast anywhere.
1040
01:15:24,353 --> 01:15:28,021
But do you really have to
make money the way you do?
1041
01:15:28,045 --> 01:15:30,336
I just can't wrap my head around it.
1042
01:15:30,360 --> 01:15:31,936
Come on.
1043
01:15:31,960 --> 01:15:35,054
How can making money be sleazy or noble?
1044
01:15:35,078 --> 01:15:37,311
It's just making money!
1045
01:15:38,093 --> 01:15:40,760
You're seriously frustrating.
1046
01:16:00,560 --> 01:16:02,327
Director.
1047
01:16:04,593 --> 01:16:07,460
I can't go into the details...
1048
01:16:08,660 --> 01:16:13,169
but Gukbo can't win against Solquin.
1049
01:16:13,193 --> 01:16:19,136
Once Gukbo is sold,
I'll be Solquin's Seoul branch manager.
1050
01:16:19,160 --> 01:16:22,160
I can get you a job in finance.
1051
01:16:24,660 --> 01:16:28,127
I don't want dirty money, no thanks.
1052
01:16:30,993 --> 01:16:33,360
I figured you wouldn't bite.
1053
01:16:35,793 --> 01:16:37,336
What's with you?
1054
01:16:37,360 --> 01:16:40,827
I'm not doing this for the sake of Seok.
1055
01:16:42,393 --> 01:16:44,093
Director.
1056
01:16:44,860 --> 01:16:47,827
No human can win against money.
1057
01:16:48,493 --> 01:16:51,984
But I think you might be different.
1058
01:17:05,160 --> 01:17:09,069
If that photo leaks,
I'll be the one under suspicion.
1059
01:17:09,093 --> 01:17:13,693
Approach the judge
privately, and persuade him.
1060
01:17:15,960 --> 01:17:16,942
This just came in.
1061
01:17:16,966 --> 01:17:22,336
At 2 AM following the pretrial hearing,
Gukbo's Chairman Seok was detained.
1062
01:17:22,360 --> 01:17:26,803
He's accused of securing a 20 billion
won loan through fraudulent accounting
1063
01:17:26,827 --> 01:17:29,903
and embezzling 15
billion won in slush funds.
1064
01:17:29,927 --> 01:17:34,652
Cheating or not, it's best to win, right?
1065
01:17:35,527 --> 01:17:36,941
Pardon?
1066
01:17:38,627 --> 01:17:40,103
Director! Where are you going?
1067
01:17:40,127 --> 01:17:42,269
The big-shot lawyers are
arriving any minute now.
1068
01:17:42,293 --> 01:17:43,993
Sir!
1069
01:17:44,693 --> 01:17:46,892
Where'd you get this?
1070
01:17:46,916 --> 01:17:51,322
This is our smoking gun.
1071
01:17:52,060 --> 01:17:53,736
These motherfuckers are screwed.
1072
01:17:53,760 --> 01:17:58,069
I knew that judge was fishy
when he let the fax thing slide.
1073
01:17:58,093 --> 01:18:02,560
Should I throw this photo
in that bastard's face in court?
1074
01:18:04,793 --> 01:18:06,603
Chairman.
1075
01:18:06,627 --> 01:18:10,036
Doing so will endanger the source.
1076
01:18:10,060 --> 01:18:16,799
I promised them I wouldn't leak it
to the media or submit it in court.
1077
01:18:16,823 --> 01:18:24,036
They suggested blackmailing Judge
Koh directly to get the ruling we want.
1078
01:18:24,060 --> 01:18:29,336
Then what, you're gonna
threaten him yourself?
1079
01:18:29,360 --> 01:18:31,636
Who are you gonna send?
1080
01:18:31,660 --> 01:18:34,393
Even thugs don't mess with judges nowadays.
1081
01:18:35,593 --> 01:18:38,793
How about sending a copy anonymously?
1082
01:18:49,060 --> 01:18:52,236
Pyo, I hear you. I'll
take care of it myself.
1083
01:18:52,260 --> 01:18:56,693
Chairman, I'll say it again.
1084
01:18:57,900 --> 01:19:01,117
Please don't leak or
use the photo in court.
1085
01:19:01,141 --> 01:19:02,869
Director Pyo!
1086
01:19:02,893 --> 01:19:04,969
Who gives a shit about the source?
1087
01:19:04,993 --> 01:19:08,803
With this kind of dirt,
we need to counterattack properly.
1088
01:19:08,827 --> 01:19:11,227
Leave it up to me!
1089
01:19:23,360 --> 01:19:25,836
The evidence I just submitted
1090
01:19:25,860 --> 01:19:30,817
is a photo of three individuals who seem to
be on good terms during a golf outing.
1091
01:19:30,841 --> 01:19:35,736
Mr. Choi In Beom of Solquin's Consulting Team,
Attorney Koo Young Mo of Law Firm Mumyeong,
1092
01:19:35,760 --> 01:19:43,360
and lastly, Judge Koh Joong Chun,
the very judge presiding over this case!
1093
01:19:57,727 --> 01:20:00,527
Order!
1094
01:20:01,793 --> 01:20:04,260
This court is now adjourned.
1095
01:20:06,127 --> 01:20:08,027
What's going on?
1096
01:20:45,686 --> 01:20:49,224
Don't you think you're gambling too much
with what you're doing?
1097
01:20:49,248 --> 01:20:51,698
Even after we got Chairman Seok arrested,
1098
01:20:51,722 --> 01:20:55,482
it didn't change too much
with the creditors or the media.
1099
01:20:55,506 --> 01:20:59,279
That's why I need to blow things up
to get what we want.
1100
01:20:59,303 --> 01:21:02,615
Will that judge push for the bankruptcy?
1101
01:21:02,639 --> 01:21:07,419
Judge Koh is a prime candidate to be
the next Supreme Court of Justice.
1102
01:21:07,443 --> 01:21:11,589
He was earlier humiliated
in his own court today.
1103
01:21:11,613 --> 01:21:14,159
That's like fucking with the judiciary.
1104
01:21:14,183 --> 01:21:17,198
And now, it's personal.
1105
01:21:17,222 --> 01:21:22,675
No matter the public opinion,
he will bankrupt Gukbo.
1106
01:21:22,699 --> 01:21:24,683
It's embarrassing.
1107
01:21:24,707 --> 01:21:27,847
But that's how Korean judiciary works.
1108
01:21:27,871 --> 01:21:31,980
Wow, you're really blowing the shit up,
aren't you?
1109
01:21:38,327 --> 01:21:43,289
(In Beom, I'm sorry.
I couldn't stop the Chairman.)
1110
01:21:48,660 --> 01:21:54,127
Regarding the key issues raised by Gukbo, this
court has reached the following conclusions.
1111
01:21:55,493 --> 01:22:03,369
First, Gukbo claims that Solquin obtained
confidential information under NDA
1112
01:22:03,393 --> 01:22:08,403
and shared it with the investment division
of Solquin Hong Kong.
1113
01:22:08,427 --> 01:22:11,693
However, evidence is lacking
to support this claim.
1114
01:22:13,427 --> 01:22:17,203
Second, Solquin was accused
of interfering with Gukbo's plans
1115
01:22:17,227 --> 01:22:24,803
to sell its overseas subsidiaries
by purchasing its foreign bonds in bulk.
1116
01:22:24,827 --> 01:22:31,827
However, the court found no evidence
of illegality.
1117
01:22:32,827 --> 01:22:37,403
Third, due to public distrust stemming from
1118
01:22:37,427 --> 01:22:42,803
the chairman's embezzlement and failure to
repay debts despite being granted composition,
1119
01:22:42,827 --> 01:22:45,236
the court finds Gukbo's
rehabilitation unlikely.
1120
01:22:45,260 --> 01:22:47,460
What the hell are you saying?
1121
01:22:48,660 --> 01:22:50,069
- Order in the court!
- What are you doing?
1122
01:22:50,093 --> 01:22:53,436
- Calm down.
- Quiet, please.
1123
01:22:53,460 --> 01:23:01,460
Therefore, the Seoul District Court hereby
declares Gukbo bankrupt, effective immediately.
1124
01:23:15,627 --> 01:23:18,503
Why are you ignoring
the creditors' opinions?
1125
01:23:18,527 --> 01:23:22,660
59% of the creditors
are against this bankruptcy ruling!
1126
01:23:31,594 --> 01:23:33,788
- Really?
- Let's get into the car.
1127
01:23:33,812 --> 01:23:35,960
- You think so?
- Yeah.
1128
01:23:46,993 --> 01:23:48,536
Thank you for your hard work.
1129
01:23:48,560 --> 01:23:50,503
Thank you.
1130
01:23:50,527 --> 01:23:52,769
I'd love to interview you sometime.
1131
01:23:52,793 --> 01:23:54,827
Sure, sounds great.
1132
01:24:15,680 --> 01:24:18,680
If you feel like punching me, go ahead.
1133
01:24:19,860 --> 01:24:21,936
Why would I punch you?
1134
01:24:21,960 --> 01:24:25,827
If I were you, I'd throw a punch.
1135
01:24:27,260 --> 01:24:30,636
After getting outplayed all this time,
now I finally get you.
1136
01:24:30,660 --> 01:24:35,303
Took me a few hits to figure it out.
1137
01:24:35,327 --> 01:24:39,627
From the very beginning,
you've always been the same.
1138
01:24:40,460 --> 01:24:43,593
I was the one who foolishly...
1139
01:24:45,093 --> 01:24:48,303
misunderstood and assumed.
1140
01:24:48,327 --> 01:24:52,936
Director, a company is
just a place to make money.
1141
01:24:52,960 --> 01:24:59,060
Figure out what really
matters to you in life.
1142
01:24:59,693 --> 01:25:01,827
Something beyond the company.
1143
01:25:38,020 --> 01:25:40,988
May I have your attention, please?
1144
01:25:41,957 --> 01:25:47,118
First of all, I just want to say that we secured
Gukbo's management rights as the major creditor,
1145
01:25:47,142 --> 01:25:50,984
thanks to all of your fucking hard work
over the last five years!
1146
01:25:53,668 --> 01:25:56,253
I especially want to
say "thank you" to Mark,
1147
01:25:56,277 --> 01:26:01,113
who flew all the way from New York just
to put my fucking name on the bonus list.
1148
01:26:01,137 --> 01:26:03,597
- Thank you, Mark.
- You're welcome.
1149
01:26:03,621 --> 01:26:07,393
And to Julie and Linda,
from the Hong Kong office.
1150
01:26:07,417 --> 01:26:09,479
They've been riding my ass on this deal
for so long,
1151
01:26:09,503 --> 01:26:14,964
I prayed every fucking day that someone
would just erect that stupid Chinese wall.
1152
01:26:15,918 --> 01:26:19,730
Oh, and big thanks to Jiro from Japan,
1153
01:26:19,754 --> 01:26:23,488
who ate a lot of shit from Osaka Beer.
1154
01:26:24,684 --> 01:26:27,058
And last but not least,
1155
01:26:27,082 --> 01:26:33,113
I'd like to introduce a very important
person tonight, who made everything possible.
1156
01:26:33,137 --> 01:26:36,402
I endured that boring-ass
trial because of him.
1157
01:26:37,340 --> 01:26:41,996
Allow me to present to you,
ladies and gentlemen...
1158
01:26:45,098 --> 01:26:48,464
Mumyeong's Mr. Koo.
1159
01:26:58,832 --> 01:27:02,121
Oh... oh...
1160
01:27:06,619 --> 01:27:08,130
I'll keep it short.
1161
01:27:08,154 --> 01:27:13,056
Our most pathetic,
high-maintenance client, Solquin,
1162
01:27:13,080 --> 01:27:17,579
is going to sell Gukbo
for a fucking incredible price.
1163
01:27:20,249 --> 01:27:24,100
Until we get the best
return on our investment,
1164
01:27:24,124 --> 01:27:29,319
we, Mumyeong,
will work our asses off to make it happen.
1165
01:27:29,343 --> 01:27:34,303
I won't let my guard
down until that day arrives.
1166
01:27:34,327 --> 01:27:39,936
Your result is our result. Thank you.
1167
01:27:40,585 --> 01:27:42,335
Enjoy your night.
1168
01:27:53,560 --> 01:27:57,369
Come on, it's a fucking party.
1169
01:27:57,393 --> 01:27:59,360
Just enjoy it.
1170
01:28:17,260 --> 01:28:19,093
I heard it was you.
1171
01:28:21,160 --> 01:28:24,960
The one who handed
over the photo to attack me.
1172
01:28:26,793 --> 01:28:29,327
You dare come at me?
1173
01:28:36,593 --> 01:28:38,860
I hope you're prepared.
1174
01:29:07,027 --> 01:29:08,403
What is this?
1175
01:29:08,427 --> 01:29:12,993
Mr. Choi In Beom, you're under arrest
for embezzlement and intimidation.
1176
01:29:22,732 --> 01:29:25,627
(Arrest Warrant)
Let's not cause a scene.
1177
01:29:46,086 --> 01:29:48,922
Beom, I need to say this now.
1178
01:29:48,946 --> 01:29:53,015
Do you remember the contract you signed
before coming to Korea?
1179
01:29:53,638 --> 01:29:57,301
If disclosure of any
confidential trade secrets
1180
01:29:57,325 --> 01:30:00,919
acquired during one's employment
leads to lawsuits or damages,
1181
01:30:00,943 --> 01:30:05,945
the employee will be fined up to
ten times the damage amount.
1182
01:30:05,969 --> 01:30:10,109
Don't forget, Beom. You may
drown in debt until the day you die.
1183
01:30:12,414 --> 01:30:15,718
How could you have gambled everything away?
1184
01:30:15,742 --> 01:30:19,813
I mean, why would you ruin your life
for the company?
1185
01:30:19,837 --> 01:30:25,234
You were the one who told me to
accept the risks if I want to win big.
1186
01:30:26,586 --> 01:30:29,953
But we're not the ones who locked
you up in here. It's that fucking judge.
1187
01:30:29,977 --> 01:30:34,523
He was desperate for that Supreme
Court Justice job, and you... You, right?
1188
01:30:35,360 --> 01:30:39,914
He gave us the verdict that we needed,
we gave him what he needed. Quid pro quo.
1189
01:30:40,641 --> 01:30:42,523
Koo took your shit in the middle.
1190
01:30:44,903 --> 01:30:48,015
Chill out here for a few
months. Then you'll walk.
1191
01:30:51,141 --> 01:30:55,320
Was this Koo's idea? Or yours?
1192
01:30:57,922 --> 01:31:00,859
This isn't a fight between us.
1193
01:31:00,883 --> 01:31:03,742
It's your country's damn judicial system.
1194
01:31:05,016 --> 01:31:08,344
I hear your threat loud and clear.
1195
01:31:09,117 --> 01:31:11,289
Anything else?
1196
01:31:11,313 --> 01:31:16,359
I don't know if this is any consolation, but
the company will pay your bonus and salary.
1197
01:31:16,383 --> 01:31:18,234
You have my word.
1198
01:31:39,760 --> 01:31:41,603
Director Pyo.
1199
01:31:41,627 --> 01:31:44,627
How many bonds have we accumulated?
1200
01:31:47,960 --> 01:31:49,803
Around 230 billion won, sir.
1201
01:31:49,827 --> 01:31:51,269
230 billion...
1202
01:31:51,293 --> 01:31:56,436
Shit, I saw on the news that Solquin
raised Gukbo's price to three trillion.
1203
01:31:56,460 --> 01:31:59,369
They really are smart pricks.
1204
01:31:59,393 --> 01:32:02,703
The bond prices are going up
thanks to them, so...
1205
01:32:02,727 --> 01:32:06,693
That means I'll make
about 700 billion, right?
1206
01:32:07,593 --> 01:32:09,703
I still got it.
1207
01:32:09,727 --> 01:32:12,963
Even if I lost control,
I still wanted to make money.
1208
01:32:15,960 --> 01:32:17,383
Pyo, listen.
1209
01:32:17,407 --> 01:32:22,202
Sell the bonds at peak price
and invest it all in Hanbit Capital.
1210
01:32:22,226 --> 01:32:29,103
No, invest 400 billion in Hanbit,
and put the rest into Sangyong Electronics.
1211
01:32:29,127 --> 01:32:30,760
Got it?
1212
01:32:32,960 --> 01:32:35,027
Are you listening?
1213
01:32:37,393 --> 01:32:40,269
Do you know why you're sitting there?
1214
01:32:40,293 --> 01:32:42,369
What?
1215
01:32:42,393 --> 01:32:44,027
You don't know?
1216
01:32:44,827 --> 01:32:47,027
I think I do.
1217
01:32:47,693 --> 01:32:50,303
In the wild,
1218
01:32:50,327 --> 01:32:55,169
whether it's because you stepped on a thorn,
or because you got hit by a falling rock,
1219
01:32:55,193 --> 01:32:57,803
if you're a limping
pony, you're in trouble.
1220
01:32:57,827 --> 01:33:00,003
Everyone will go after that pony.
1221
01:33:00,027 --> 01:33:02,603
It's only natural that
the lion will eat it.
1222
01:33:02,627 --> 01:33:06,303
I think I'm ready to accept
that simple truth now.
1223
01:33:06,327 --> 01:33:10,427
I ought to thank the guy
who made me realize that.
1224
01:33:11,393 --> 01:33:14,027
What the hell are you talking about?
1225
01:33:14,760 --> 01:33:22,760
So even if you lost control,
you still wanted to stuff your pocket?
1226
01:33:23,560 --> 01:33:28,493
- You're laughing? You mother...
- Fuck you, you fucking bastard!
1227
01:33:35,293 --> 01:33:37,193
Buddy.
1228
01:33:38,827 --> 01:33:40,869
The shell company is in my name.
1229
01:33:40,893 --> 01:33:42,803
Why would I give you that money?
1230
01:33:42,827 --> 01:33:46,136
You fucking moron!
1231
01:33:46,160 --> 01:33:49,969
Think about the crap you've pulled
for the last 20 years.
1232
01:33:49,993 --> 01:33:53,036
You stupid bastard!
1233
01:33:53,060 --> 01:33:57,360
And your real mistake was thinking...
1234
01:33:58,260 --> 01:34:02,869
I'd stay loyal to you forever
even in a mess like this.
1235
01:34:02,893 --> 01:34:05,993
That's exactly why you lost!
1236
01:34:06,669 --> 01:34:09,036
You dumb bastard!
1237
01:34:14,593 --> 01:34:16,593
I'll put it to good use.
1238
01:34:17,548 --> 01:34:20,103
Take care, you son of a bitch.
1239
01:34:20,127 --> 01:34:22,136
Director Pyo! Pyo! Hey!
1240
01:34:22,160 --> 01:34:25,160
You... You idiot!
1241
01:34:26,093 --> 01:34:28,403
- Hey! You bastard!
- Motherfucker.
1242
01:34:28,427 --> 01:34:31,003
Get back here! I'm not done talking to you!
1243
01:34:31,027 --> 01:34:34,227
Somebody stop him!
Let me tell you something!
1244
01:34:48,460 --> 01:34:50,569
Solquin, the representative of
Gukbo's creditor group,
1245
01:34:50,593 --> 01:34:54,003
has begun selling off
Gukbo's non-core subsidiaries.
1246
01:34:54,027 --> 01:35:00,436
Gukbo Group has laid off 50% of its employees
and entered a phase of aggressive restructuring.
1247
01:35:00,460 --> 01:35:04,836
With more than ten
companies bidding for Gukbo,
1248
01:35:04,860 --> 01:35:08,260
the bidding price is expected
to exceed three trillion won.
1249
01:35:10,728 --> 01:35:12,422
Hey hold on, hold on.
1250
01:35:12,446 --> 01:35:16,454
We just sold Gukbo for
an unbelievable price.
1251
01:35:16,478 --> 01:35:19,141
The fuck? What is it? Come on, spit it out.
1252
01:35:19,165 --> 01:35:22,266
Sold for 3.4 billion dollars.
1253
01:35:22,290 --> 01:35:25,048
- 3.4 fucking billion dollars?
- Yes.
1254
01:35:25,767 --> 01:35:29,149
Fuck me, motherfucker! Yes!
1255
01:35:29,173 --> 01:35:31,821
Mark, 3.4 fucking billion dollars.
1256
01:35:31,845 --> 01:35:35,102
You better lick them lips
and get ready to suck my dick.
1257
01:35:36,962 --> 01:35:40,251
3.4 fucking billion dollars.
1258
01:35:41,134 --> 01:35:43,071
Alright.
1259
01:35:43,095 --> 01:35:45,063
Don't call me until tomorrow, okay?
1260
01:35:45,087 --> 01:35:49,446
I'm gonna fly to Hong Kong
and fuck the brains out of Julia. Yeah?
1261
01:35:54,100 --> 01:35:55,600
Oh.
1262
01:35:56,858 --> 01:35:59,076
Don't forget about In
Beom's bonus, alright?
1263
01:35:59,100 --> 01:36:02,811
You owe him that much.
It was you who gave him up to the judge.
1264
01:36:02,835 --> 01:36:04,967
You're a bad motherfucker.
1265
01:36:46,215 --> 01:36:50,188
(Two years later)
1266
01:36:51,593 --> 01:36:53,403
(Noble Spirit)
1267
01:36:53,427 --> 01:36:55,336
Weren't we going to
switch our rice supplier?
1268
01:36:55,360 --> 01:36:58,703
- Why did we get Hwang's rice again?
- Come on.
1269
01:36:58,727 --> 01:37:03,493
I'm telling you, this place's rice is good.
1270
01:37:04,193 --> 01:37:06,503
I think it's the ratio,
not the rice itself.
1271
01:37:06,527 --> 01:37:09,836
Be honest, this rice is better, isn't it?
1272
01:37:09,860 --> 01:37:11,903
Well...
1273
01:37:11,927 --> 01:37:14,503
- sometimes it is.
- Yeah?
1274
01:37:14,527 --> 01:37:16,303
And other times, not so much.
1275
01:37:16,327 --> 01:37:19,969
Don't look at him, give it to me straight!
1276
01:37:19,993 --> 01:37:22,193
Look, boss!
1277
01:37:25,393 --> 01:37:27,027
Hey!
1278
01:37:38,760 --> 01:37:43,336
It's kinda silky...
and more natural, you could say?
1279
01:37:43,360 --> 01:37:45,503
Damn, he said it's silky!
1280
01:37:45,527 --> 01:37:48,460
That's so classy.
1281
01:37:49,293 --> 01:37:50,469
But what does that mean?
1282
01:37:50,493 --> 01:37:54,460
Like those old commercials,
"Smooth as Silk."
1283
01:37:56,193 --> 01:37:58,093
Get what I mean?
1284
01:38:01,727 --> 01:38:03,460
Are you doing well?
1285
01:38:04,660 --> 01:38:07,936
It's nice making everything together.
1286
01:38:07,960 --> 01:38:10,669
The real problem is we drink too much.
1287
01:38:10,693 --> 01:38:12,593
All the time.
1288
01:38:14,927 --> 01:38:17,503
You look good.
1289
01:38:17,527 --> 01:38:19,488
Yeah.
1290
01:38:19,512 --> 01:38:20,869
I'm good.
1291
01:38:20,893 --> 01:38:23,027
You should come stay here.
1292
01:38:23,051 --> 01:38:24,903
I'm going to Hong Kong.
1293
01:38:24,927 --> 01:38:26,936
Landed a job?
1294
01:38:26,960 --> 01:38:29,036
Not exactly.
1295
01:38:29,060 --> 01:38:34,176
A friend there got proof
that Solquin broke the Chinese Wall.
1296
01:38:34,200 --> 01:38:38,975
Gordon fired him,
so he took all the files to get revenge.
1297
01:38:38,999 --> 01:38:41,169
So now you're teaming up for revenge?
1298
01:38:41,193 --> 01:38:43,203
Director.
1299
01:38:43,227 --> 01:38:45,469
- I gave it some thought.
- Yeah?
1300
01:38:45,493 --> 01:38:48,736
There's no such thing as
"advanced financial engineering."
1301
01:38:48,760 --> 01:38:51,560
Cheating to make money is fraud.
1302
01:38:54,527 --> 01:38:56,160
In Beom.
1303
01:38:57,793 --> 01:39:02,345
Just live for yourself.
1304
01:39:02,369 --> 01:39:06,627
You've... really changed.
1305
01:39:08,493 --> 01:39:09,969
Sure.
1306
01:39:09,993 --> 01:39:13,469
You had a little something to do with that.
1307
01:39:13,493 --> 01:39:15,384
Yeah?
1308
01:39:15,408 --> 01:39:18,408
You had something to do with my change too.
1309
01:39:18,432 --> 01:39:19,853
Is that so?
1310
01:39:19,877 --> 01:39:22,936
How are we never in sync until the end?
1311
01:39:22,960 --> 01:39:24,993
Maybe that's our sync.
1312
01:39:31,227 --> 01:39:32,903
I'm off, Director!
1313
01:39:32,927 --> 01:39:34,860
Jeez.
1314
01:39:38,027 --> 01:39:39,993
Stay healthy.
1315
01:39:40,627 --> 01:39:42,169
Hope you hit it big.
1316
01:39:42,193 --> 01:39:43,658
Thanks.
1317
01:39:43,682 --> 01:39:45,160
In Beom.
1318
01:39:48,268 --> 01:39:51,860
Life's not that complicated, right?
1319
01:39:53,086 --> 01:39:54,969
So how should I say this...
1320
01:39:54,993 --> 01:39:56,562
Smooth?
1321
01:39:56,586 --> 01:40:02,491
Yeah, live a smooth life and...
1322
01:40:02,515 --> 01:40:03,960
Fresh?
1323
01:40:05,927 --> 01:40:09,027
Yes, fresh!
1324
01:40:10,505 --> 01:40:13,105
Let's live like that.
1325
01:40:13,730 --> 01:40:15,397
See you.
1326
01:40:39,670 --> 01:40:42,666
(The soju company that inspired this film
went bankrupt in 2003.)
1327
01:40:42,690 --> 01:40:46,676
(Fierce bidding pushed the 1.8 trillion won
valuation up to 3.4 trillion.)
1328
01:40:46,700 --> 01:40:50,149
(Foreign investors with the largest share
reportedly made over 1 trillion in profit.)
1329
01:40:50,173 --> 01:40:55,380
(The Korean economy paid a heavy price
to experience advanced investment methods.)
1330
01:40:55,404 --> 01:40:58,555
(Yet, 20 years later, the story repeats.)
106424
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