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South Korea Seeks IMF Bailout
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The government has eventually
decided to seek IMF bailout.
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Amid ongoing financial difficulties,
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Gukbo is now reportedly
on the brink of bankruptcy.
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Concerns are growing over the
future of the beloved soju brand.
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BIG DEAL
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1997, New York
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In-beom, where are you?
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Almost there.
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Should I just go to the
Asia special task force?
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No, go straight to see Mark.
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He wants you to
give a briefing on this.
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In-beom, don't screw this up.
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Solquin Global Financing Group
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Follow me.
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Am I even allowed to go in there, sir?
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Just present your report.
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And don't fuck this up.
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Now, tell me about you.
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Bachelor from Seoul National University,
MBA from University of Chicago,
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three years at Bearstons,
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three years as an Associate
Analyst at our firm.
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South Korea is facing a
series of bankruptcies
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following collapses of Hanbo
and Sammi last spring.
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In-beom?
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Get to the point. We know Korea.
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At least 30 corporations
will be on the MandA Market
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following a series
of bankruptcies soon.
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That's why I propose
establishing a branch in Seoul.
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If we don't have that immediately,
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all our rivals like Lehman,
JP, Deutsche,
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and even small hillbilly banks like Lone Star will
fucking swarm in to take what should be ours.
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Our first target is Gukbo.
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In a country that has the highest
alcohol consumption in the world,
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they make the best soju in Korea.
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And they have... never lost money.
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Gukbo
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Amid harsh criticism of reckless
expansion and management,
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and under mounting
pressure to repay its loans,
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Gukbo has defaulted today
on six of its key subsidiaries.
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Gukbo defaulted after
failing to cover 8.25 billion won
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in promissory notes from
nine financial institutions.
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So, what's the president's stance?
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They won't talk with us anymore
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if we don't come up with a
concrete recovery strategy.
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They had no problem pocketing my money
during the election, those fuckers.
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There are reporters outside.
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Rude little shits...
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Chairman.
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The public has started a
"Save Gukbo" campaign.
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Shouldn't we do something
from the company's side too?
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You heard, right?
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We won't go down that easily.
We absolutely will not fail.
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We're Korea's number one soju brand,
how could we possibly go bankrupt?
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But the fucking media,
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they're spinning it like Gukbo's fall
is coming from reckless expansions.
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I don't regret the expansions.
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Well, this is war now.
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Get out!
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- Director Pyo.
- Yes, sir?
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Go meet them.
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It's an up-and-coming law
firm, and I hear they're sharp.
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They're snatching up consulting
gigs from all the big ballers.
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Understood, sir.
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Mumyeong?
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Koo Young-mo
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Gukbo - Director Pyo Jong-rok
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If you'd invited me to your
office, I'd have gladly come.
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Well, yes.
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I just came to watch
your trial out of curiosity.
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- Well, then...
- Okay.
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Excuse me, Mr. Koo.
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May I ask your thoughts
on today's verdict?
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Well...
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The merger of subsidiaries and the defense
against foreign capital had a favorable impact
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and strengthened Taeseong Group's
hold on management rights...
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Had a favorable impact...
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But it can't be considered an act
aimed at succession of control.
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You should file for composition.
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Composition?
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A request to mediate a deadline
extension for you to repay the debt.
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Your management rights will remain
100% intact during that time.
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I've never heard about this before.
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It's a newly implemented system.
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Gukbo would be the first to use it.
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If approved, you'll only pay interest for
five years while restructuring subsidiaries
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and liquidating assets, all
while maintaining control.
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Then, in five years,
repay the principal.
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And if we can't repay in five years?
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Creditors could file for
bankruptcy with the court.
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First, file for the composition.
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Then find a consulting firm
to help you repay the debt.
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Most creditors prefer responsible repayment
rather than dragging things through the court.
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If you get us the composition,
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I'll have Mumyeong handle
all of Gukbo's legal affairs.
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I'll give it everything I've
got. You can trust me.
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- I'm counting on you.
- I won't let you down.
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Gimpo International Airport
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Mr. Choi In-beom?
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Nice to meet you, I'm Back Sung Bin.
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I was sent by Director Gordon,
head of Solquin Hong Kong.
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He told me to bring you in, but
there's no corporate car yet,
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so I came in mine.
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Where is Director Gordon now?
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Macro Building in Gangnam,
he said to bring you there.
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Sir?
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Didn't you say you start next week?
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Enjoy your free time
while you still can.
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I can borrow your car, right?
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Macro Building
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Thanks for your time.
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Now I understand why they
sent you from New York
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when I insisted on bringing
my team from Hong Kong.
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Why's that?
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'Cause you're fucking Korean.
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I haven't been back in ten years.
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Won't be able to make deals
through personal connections.
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Great. That just closed the deal.
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Use this space as
your temporary office.
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Cheers.
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I read your report.
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Gukbo.
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Unbelievable. Koreans
drink soju every day.
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Happy, sad, bored, they'll find any possible
excuse to pour out soju like tap water.
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How can a company that
literally prints cash go bankrupt?
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I know. It's time for Koreans to
put away that bitter drink, I guess.
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Gukbo filed for composition yesterday.
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They're gonna need a
plan to pay back the debt.
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They'll need a consultant.
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I'll push them right away.
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Yeah, use this office. I'm here three
days a week. The rest, in Hong Kong.
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Oh, how is the kiddo who
picked you up from the airport?
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I thought you might
need a Korean sidekick.
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He flew to Hong Kong as
soon as I asked for an interview.
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How do I keep you updated?
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Phone, mail, Messenger, whatever.
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This is your turf, bud.
Home field advantage.
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It's your shot. Don't fuck it up.
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I never imagined Solquin would
open a consulting branch in Korea.
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Timing really is everything, isn't it?
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Chairman Seok, it's a great honor
to have you as our first client.
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00:10:02,439 --> 00:10:06,008
It is our great honor to
have you as our first client.
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Thank you.
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00:10:07,499 --> 00:10:08,898
- Director Pyo.
- Yes, sir.
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00:10:08,899 --> 00:10:12,758
A press release about Solquin being our
consultant should put the creditors at ease, no?
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- Certainly.
- If you trust us,
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we'll deliver the outcome
you're looking for.
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00:10:18,959 --> 00:10:21,518
I'm sure you've seen the data.
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00:10:21,519 --> 00:10:24,818
We would need some
restructuring, right?
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00:10:24,819 --> 00:10:26,108
Yes, Chairman.
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00:10:26,109 --> 00:10:30,208
Out of the 20 subsidiaries, sell off
12, including Gukbo Distribution,
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and declare bankruptcy for
all non-core businesses.
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Director Pyo, are you sure
we showed them everything?
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Yes, we shared everything we could.
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Sell off 12 subsidiaries
and bankrupt the rest?
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We're not that far gone, are we?
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We reviewed the data thoroughly.
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You'll need over two trillion won to
meet debt obligations in five years.
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If you sign an NDA, we'll show
you the rest of the data.
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00:11:09,069 --> 00:11:13,638
Chairman, we haven't yet signed
a consulting agreement with them.
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It's currently under review
at Solquin Hong Kong.
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If your concern is about trust...
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00:11:18,929 --> 00:11:20,358
It's not that we can't trust them,
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but that particular information
may need more consideration.
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00:11:26,769 --> 00:11:30,348
If there's additional material, of
course we'll review it thoroughly.
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And as you said, you should be cautious,
but let me make one thing perfectly clear.
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Chairman, Solquin will prevent
the final collapse of Gukbo.
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And we'll protect your
control over the company.
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I skimmed through all the documents
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00:11:55,769 --> 00:11:59,928
including restructuring plans,
assets, financial conditions,
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cash flow, marketing, export strategy.
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00:12:04,119 --> 00:12:05,688
Here's the strategy.
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00:12:05,689 --> 00:12:09,528
First, we gobble up as much
of their bonds as possible
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under the name of Stone Investment.
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In a few years,
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this shell company will be the largest
shareholder of Gukbo in Korea.
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00:12:17,769 --> 00:12:21,898
We are only financing 100
million dollars for this project.
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00:12:21,899 --> 00:12:26,058
Like, how could we possibly control
a large company like Gukbo?
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00:12:26,059 --> 00:12:29,608
What percentage of Gukbo
bonds should we be securing?
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00:12:29,609 --> 00:12:32,428
The bonds are being
sold dirt cheap right now.
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00:12:32,429 --> 00:12:39,518
Our goal is to buy in at 10% of the face
value, securing about 30% of Gukbo's bonds.
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00:12:39,519 --> 00:12:43,569
Are you confident we can bankrupt
them with only 100 million?
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00:12:44,829 --> 00:12:46,849
Absolutely.
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00:12:47,559 --> 00:12:50,268
Our advice for retaining
management control
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00:12:50,269 --> 00:12:54,258
is the sale of stakes in overseas
subsidiaries to secure liquidity.
186
00:12:54,259 --> 00:13:00,099
Among the overseas branches, Gukbo
Japan holds the highest market value.
187
00:13:00,959 --> 00:13:03,808
Mr. Choi? Mr. Choi?
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00:13:03,809 --> 00:13:05,168
Excuse me.
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00:13:05,169 --> 00:13:09,818
Do you have time to stick
around a little longer tonight?
190
00:13:09,819 --> 00:13:11,348
Yes, of course.
191
00:13:11,349 --> 00:13:13,978
I was actually hoping to grab
a drink with you anyway.
192
00:13:13,979 --> 00:13:16,108
It's not really about the drinks.
193
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There's a place I'd like to show you.
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I see.
195
00:13:20,679 --> 00:13:22,468
Sure, we can do that.
196
00:13:22,469 --> 00:13:25,139
I'll head down first, then.
197
00:13:31,129 --> 00:13:34,908
Now the finance chap
is flirting with me.
198
00:13:34,909 --> 00:13:36,708
Doesn't look so easy to me.
199
00:13:36,709 --> 00:13:41,018
They've inflated their size to
pretend to be a large corporation.
200
00:13:41,019 --> 00:13:45,968
But the Chairman is the only
one who calls all the shots.
201
00:13:45,969 --> 00:13:51,388
In Korean society, there is always
that one person who is sucking up.
202
00:13:51,389 --> 00:13:54,569
But you know, it's all fake.
203
00:13:55,459 --> 00:13:58,329
First, let's feel him up.
204
00:14:11,359 --> 00:14:17,018
Gukbo's original symbol was
the legendary flying horse.
205
00:14:17,019 --> 00:14:20,518
But eventually, it changed
to the tiger we use now.
206
00:14:20,519 --> 00:14:26,038
After the Korean War, the late chairman said
that the Korean Peninsula resembled a tiger...
207
00:14:26,039 --> 00:14:27,138
Chief!
208
00:14:27,139 --> 00:14:29,109
There he is.
209
00:14:30,179 --> 00:14:31,718
How have you been?
210
00:14:31,719 --> 00:14:35,628
This is our newest
product called Top Soju.
211
00:14:35,629 --> 00:14:38,958
Would you like to taste it?
212
00:14:38,959 --> 00:14:41,389
- Right now?
- Yes.
213
00:14:50,019 --> 00:14:52,508
It's bitter and sweet.
214
00:14:52,509 --> 00:14:53,718
That's right.
215
00:14:53,719 --> 00:14:55,848
That's soju for you, bittersweet.
216
00:14:55,849 --> 00:14:58,308
Kinda like life, don't you think?
217
00:14:58,309 --> 00:15:02,969
Is that all? There should be
something else you're tasting.
218
00:15:17,089 --> 00:15:20,258
- It's...
- It's?
219
00:15:20,259 --> 00:15:23,389
- A bit...
- A bit...
220
00:15:27,419 --> 00:15:29,708
It's...
221
00:15:29,709 --> 00:15:31,978
- Smooth?
- It's smooth.
222
00:15:31,979 --> 00:15:34,138
- It's got that smoothness.
- Yes.
223
00:15:34,139 --> 00:15:36,009
And...
224
00:15:40,069 --> 00:15:42,998
It's somewhat...
225
00:15:42,999 --> 00:15:44,569
Fresh?
226
00:15:45,399 --> 00:15:47,099
Yes, it's fresh.
227
00:15:48,729 --> 00:15:55,949
We were going for a smooth and fresh
drink, and you tasted it perfectly.
228
00:15:58,049 --> 00:16:00,119
You did good.
229
00:16:06,709 --> 00:16:08,839
We need a firm...
230
00:16:09,709 --> 00:16:13,338
that works like it owns this company.
231
00:16:13,339 --> 00:16:17,658
I'm sure as a major firm, Solquin
won't go all in just for a retainer,
232
00:16:17,659 --> 00:16:22,258
but we need a partner
who'll ride or die with us.
233
00:16:22,259 --> 00:16:29,488
Sir, this might be a bit out of line,
but why do you care so much?
234
00:16:29,489 --> 00:16:31,378
What do you mean?
235
00:16:31,379 --> 00:16:33,479
What I mean is...
236
00:16:34,479 --> 00:16:37,148
Does the company properly reward you?
237
00:16:37,149 --> 00:16:39,208
You seem genuinely loyal.
238
00:16:39,209 --> 00:16:42,109
Come on now...
239
00:16:43,509 --> 00:16:45,738
It's not about loyalty.
240
00:16:45,739 --> 00:16:51,728
I've always liked soju, so I
love working at a soju company.
241
00:16:51,729 --> 00:16:54,898
And when the company
does well, I feel good too.
242
00:16:54,899 --> 00:16:57,759
When the company's struggling,
it weighs on me too.
243
00:16:58,959 --> 00:17:02,688
Chairman Seok is lucky to have you.
244
00:17:02,689 --> 00:17:04,819
Stop it.
245
00:17:06,519 --> 00:17:13,538
Looking at you makes me think my
father must have been like you at work.
246
00:17:13,539 --> 00:17:15,968
He's retired, I take it?
247
00:17:15,969 --> 00:17:19,299
He passed away ten years ago.
248
00:17:22,299 --> 00:17:26,229
He was always busy, so I
don't have a lot of memories.
249
00:17:28,259 --> 00:17:30,758
Damn...
250
00:17:30,759 --> 00:17:34,518
He used to love Gukbo soju.
251
00:17:34,519 --> 00:17:36,848
- Director.
- Yes?
252
00:17:36,849 --> 00:17:41,549
I'll do my best, like
it's my own company.
253
00:17:46,429 --> 00:17:48,169
Thank you.
254
00:17:50,039 --> 00:17:52,039
Let's drink to that.
255
00:18:00,229 --> 00:18:01,989
This stuff is like nectar!
256
00:18:03,189 --> 00:18:05,188
One moment, please.
257
00:18:05,189 --> 00:18:06,918
Let's drink properly tonight.
258
00:18:06,919 --> 00:18:08,549
Here!
259
00:18:13,379 --> 00:18:15,849
- Cheers!
- Cheers!
260
00:18:21,509 --> 00:18:23,838
Have you heard of the
Gukbo herbal tonic?
261
00:18:23,839 --> 00:18:26,599
Allow me to demonstrate.
262
00:18:28,269 --> 00:18:30,568
First, you add an egg yolk!
263
00:18:30,569 --> 00:18:32,858
Pour in the herbal tonic,
264
00:18:32,859 --> 00:18:36,729
and that's how you make
the Gukbo herbal tonic!
265
00:18:40,259 --> 00:18:42,818
Here! Bottoms up!
266
00:18:42,819 --> 00:18:44,048
- I can't drink this.
- Come on.
267
00:18:44,049 --> 00:18:45,318
It's great for your
health, give it a try.
268
00:18:45,319 --> 00:18:47,418
How am I supposed to drink this?
269
00:18:47,419 --> 00:18:48,948
Just swallow it all!
270
00:18:48,949 --> 00:18:50,848
You people are savages.
271
00:18:50,849 --> 00:18:52,138
When are we going home?
272
00:18:52,139 --> 00:18:54,109
It's time to go to work.
273
00:18:56,839 --> 00:18:59,168
We should consider selling
the training center too.
274
00:18:59,169 --> 00:19:01,168
Wow, look at the time.
275
00:19:01,169 --> 00:19:03,618
Let's grab a meal with
a little drink on the side?
276
00:19:03,619 --> 00:19:05,428
- Sound good?
- Sounds good!
277
00:19:05,429 --> 00:19:07,528
It's market research.
278
00:19:07,529 --> 00:19:10,958
- Hello!
- Hello!
279
00:19:10,959 --> 00:19:12,688
- It's gotta be...
- Top!
280
00:19:12,689 --> 00:19:14,689
- Top!
- Top!
281
00:19:19,249 --> 00:19:21,358
- I work for Gukbo.
- What's this?
282
00:19:21,359 --> 00:19:23,678
It's our new product. Give Top a try.
283
00:19:23,679 --> 00:19:26,138
- We'll take a bottle!
- Yes! Coming right up!
284
00:19:26,139 --> 00:19:28,708
In-beom! Over there, those folks...
285
00:19:28,709 --> 00:19:32,639
He'll bring it over! Go on.
286
00:19:34,839 --> 00:19:37,538
This is Gukbo's brand-new soju.
287
00:19:37,539 --> 00:19:41,288
It's... smooth and fresh.
288
00:19:41,289 --> 00:19:42,528
All right, time to go home!
289
00:19:42,529 --> 00:19:45,359
- Let's go.
- Wait, wait!
290
00:19:48,059 --> 00:19:50,208
That's it, no more! Let's go!
291
00:19:50,209 --> 00:19:53,018
The boys threw up, so
they must be hungry!
292
00:19:53,019 --> 00:19:54,679
You need to go!
293
00:20:18,419 --> 00:20:20,359
Thirsty?
294
00:20:23,119 --> 00:20:24,759
Let's have a drink.
295
00:20:28,899 --> 00:20:32,178
The court has approved
Gukbo's composition request,
296
00:20:32,179 --> 00:20:36,208
and after narrowly escaping collapse,
it'll retain management control
297
00:20:36,209 --> 00:20:39,268
and be allowed to delay
debt repayment for five years.
298
00:20:39,269 --> 00:20:44,268
Gukbo's sales increased last year,
boosting net revenue by 20%,
299
00:20:44,269 --> 00:20:47,058
calling the strong
performance a relief...
300
00:20:47,059 --> 00:20:49,258
Relief?
301
00:20:49,259 --> 00:20:52,838
Which idiot said that to a reporter?
302
00:20:52,839 --> 00:20:56,439
Relief? What a moronic thing to say.
303
00:21:01,589 --> 00:21:04,759
Legal review of the first phase
of restructuring is complete.
304
00:21:06,099 --> 00:21:08,948
The employees are likely
worried about the company,
305
00:21:08,949 --> 00:21:12,768
so it's important to use
this to push for wage cuts.
306
00:21:12,769 --> 00:21:14,448
Business Evaluation Report
307
00:21:14,449 --> 00:21:19,428
It'll really hit them hard
if we cut wages by 20%.
308
00:21:19,429 --> 00:21:21,128
Be a little understanding, Mr. Koo.
309
00:21:21,129 --> 00:21:26,258
Pyo only sees the world
through a salary man's lens.
310
00:21:26,259 --> 00:21:29,519
A very small lens at that.
311
00:21:33,249 --> 00:21:36,208
Did you look into what I asked?
312
00:21:36,209 --> 00:21:37,608
Of course, Chairman.
313
00:21:37,609 --> 00:21:40,968
You can push forward quietly
with minimal manpower.
314
00:21:40,969 --> 00:21:46,269
From now on, don't involve the
legal team, and talk to Pyo directly.
315
00:21:46,939 --> 00:21:48,899
Yes, sir.
316
00:21:50,669 --> 00:21:53,098
All right then. See you next week.
317
00:21:53,099 --> 00:21:55,159
Certainly, Chairman.
318
00:21:59,789 --> 00:22:01,588
Director Pyo.
319
00:22:01,589 --> 00:22:03,748
Yes, Chairman.
320
00:22:03,749 --> 00:22:06,619
We bought ourselves five years.
321
00:22:07,599 --> 00:22:14,138
But what if we can't generate enough
cash, or can't make the interest payments?
322
00:22:14,139 --> 00:22:20,298
We go into full receivership,
and the court takes my control.
323
00:22:20,299 --> 00:22:22,998
I don't think that will happen.
324
00:22:22,999 --> 00:22:24,998
- Director Pyo.
- Yes, sir.
325
00:22:24,999 --> 00:22:30,758
Do you understand the
weight of my position?
326
00:22:30,759 --> 00:22:32,389
How could I...
327
00:22:33,609 --> 00:22:40,049
Founded by my father, and expanded
by me, Gukbo has a 70-year legacy.
328
00:22:41,509 --> 00:22:43,149
Have a seat.
329
00:22:49,169 --> 00:22:52,939
What I'm about to say stays between us.
330
00:23:01,559 --> 00:23:03,598
Did you finish the list
of Gukbo's creditors?
331
00:23:03,599 --> 00:23:07,068
- Schedule meetings with all of them next week.
- All thirty in one week?
332
00:23:07,069 --> 00:23:11,208
Yeah, study Gukbo's relationship
with each creditor closely.
333
00:23:11,209 --> 00:23:15,348
Sir, can we really gain control
of a company with just bonds?
334
00:23:15,349 --> 00:23:17,939
Why do bonds matter?
335
00:23:19,339 --> 00:23:21,838
Bonds are basically debt contracts.
336
00:23:21,839 --> 00:23:26,238
When a company hits crisis mode,
the creditors become the real owners.
337
00:23:26,239 --> 00:23:28,129
But...
338
00:23:31,259 --> 00:23:34,859
Gukbo Launches Top Soju in Recovery Bid
339
00:23:40,519 --> 00:23:43,719
It's smooth and fresh.
340
00:23:48,009 --> 00:23:51,598
Sir, that could be considered a
breach of trust and embezzlement.
341
00:23:51,599 --> 00:23:55,118
That's why this shell company
will be under your name!
342
00:23:55,119 --> 00:23:57,179
Give the paperwork to Koo.
343
00:23:58,339 --> 00:24:01,728
Use Gukbo Distillers' stock as collateral
and raise about 20 billion won.
344
00:24:01,729 --> 00:24:09,529
I'm also considering selling off some
properties, but use that money to buy bonds.
345
00:24:10,689 --> 00:24:14,778
This is our insurance policy.
346
00:24:14,779 --> 00:24:16,438
You get what I mean, right?
347
00:24:16,439 --> 00:24:19,848
The money from selling assets
should go to paying off the debt.
348
00:24:19,849 --> 00:24:22,908
Buying back bonds is...
349
00:24:22,909 --> 00:24:26,568
Above all, self-dealing in
bonds is a serious crime.
350
00:24:26,569 --> 00:24:28,468
You'll be in serious
trouble if this gets out.
351
00:24:28,469 --> 00:24:30,988
Goddammit!
352
00:24:30,989 --> 00:24:34,149
I can take care of myself!
353
00:24:39,159 --> 00:24:45,078
Didn't my father once pay for your mother's
surgery after she got into a car accident?
354
00:24:45,079 --> 00:24:49,579
I'm giving you a chance
to return the favor.
355
00:24:55,219 --> 00:24:58,638
Get this done discreetly.
356
00:24:58,639 --> 00:25:01,628
No one cares about our bonds yet.
357
00:25:01,629 --> 00:25:06,698
We need to sweep them
up while the price is low.
358
00:25:06,699 --> 00:25:08,489
Got that?
359
00:25:10,589 --> 00:25:12,058
Yes, Chairman.
360
00:25:12,059 --> 00:25:15,688
They'll sell off all the bonds
at 10% of face value.
361
00:25:15,689 --> 00:25:17,218
Is that so?
362
00:25:17,219 --> 00:25:19,518
It's next to nothing.
363
00:25:19,519 --> 00:25:21,448
Okay!
364
00:25:21,449 --> 00:25:24,479
Buy 300 million won worth
from Daeyoung Securities.
365
00:25:30,639 --> 00:25:33,168
You serious about buying these bonds?
366
00:25:33,169 --> 00:25:35,258
I've been stressed over them anyway.
367
00:25:35,259 --> 00:25:38,229
Now that you want them, maybe
I should hold onto them.
368
00:25:39,759 --> 00:25:42,228
They're just trash in your pocket.
369
00:25:42,229 --> 00:25:45,519
I'll pay a fair price,
so hand them over.
370
00:25:50,679 --> 00:25:53,218
Are you here to buy Gukbo bonds?
371
00:25:53,219 --> 00:25:55,048
Yes.
372
00:25:55,049 --> 00:25:57,678
The bond we bought today
has a 13% interest rate!
373
00:25:57,679 --> 00:26:00,938
We'll earn back the investment
374
00:26:00,939 --> 00:26:03,708
in a few years with the interest alone!
375
00:26:03,709 --> 00:26:07,628
Well... We could be looking
at a much bigger return.
376
00:26:07,629 --> 00:26:09,269
Yo, Beom!
377
00:26:12,629 --> 00:26:16,088
If you could buy your
Porsche for ten million won,
378
00:26:16,089 --> 00:26:21,289
collect 13% in maintenance
fees, and resell it for 100 million,
379
00:26:22,389 --> 00:26:24,648
what would you do?
380
00:26:24,649 --> 00:26:26,349
The ball!
381
00:26:29,949 --> 00:26:31,979
You wanna go, huh?
382
00:26:35,169 --> 00:26:37,338
This boiled beef is killer.
383
00:26:37,339 --> 00:26:39,598
How'd you even know about this place?
384
00:26:39,599 --> 00:26:43,099
I came here a few times
as a kid with my dad.
385
00:26:44,199 --> 00:26:47,589
But why do you play
basketball with your mouth?
386
00:26:48,389 --> 00:26:53,778
Your moves are so predictable.
It's why you keep losing the ball.
387
00:26:53,779 --> 00:26:57,619
Basketball's meant to be played with your mouth.
It's all about talking your opponent down.
388
00:26:58,819 --> 00:27:01,808
Think you'll play as well
as me when you're my age?
389
00:27:01,809 --> 00:27:04,009
We'll see, punk.
390
00:27:05,439 --> 00:27:07,939
We won't see each other that long.
391
00:27:08,939 --> 00:27:12,139
You ever think about dating?
392
00:27:12,929 --> 00:27:14,898
Well, girls must hate you.
393
00:27:14,899 --> 00:27:17,759
Always off to New York or Hong Kong...
394
00:27:19,359 --> 00:27:22,128
- You're not exactly one to talk.
- Why?
395
00:27:22,129 --> 00:27:25,758
Seoul's tiny, so you can
get anywhere in two hours.
396
00:27:25,759 --> 00:27:28,748
Was it really that
hard to just go home?
397
00:27:28,749 --> 00:27:32,918
You look like your kids abandoned you.
398
00:27:32,919 --> 00:27:34,849
Unbelievable.
399
00:27:36,979 --> 00:27:39,228
Why are you chugging so fast?
400
00:27:39,229 --> 00:27:41,608
Go easy, I can't take you home tonight.
401
00:27:41,609 --> 00:27:43,768
You're making me thirsty.
402
00:27:43,769 --> 00:27:47,568
A recent expose uncovered illegal
betting on golf matches among CEOs...
403
00:27:47,569 --> 00:27:49,998
Those sons of bitches!
404
00:27:49,999 --> 00:27:53,028
And one of them turned out
to be Chairman Seok of Gukbo.
405
00:27:53,029 --> 00:27:55,678
Yes, he's definitely
the Gukbo chairman.
406
00:27:55,679 --> 00:27:58,968
He comes by often,
so I know his face well.
407
00:27:58,969 --> 00:28:02,058
He usually bets between
300,000 and 500,000 per stroke,
408
00:28:02,059 --> 00:28:05,248
but he was betting a million that day.
409
00:28:05,249 --> 00:28:07,808
Taxpayer money is being
used to delay bankruptcy,
410
00:28:07,809 --> 00:28:11,708
and citizens rally to save
Gukbo by buying their soju
411
00:28:11,709 --> 00:28:14,008
- to help sales recover.
- They still haven't got it together.
412
00:28:14,009 --> 00:28:16,758
- But the chairman is deceiving
- Easy, easy.
413
00:28:16,759 --> 00:28:21,889
the public and the government
while playing high-stakes golf.
414
00:28:23,129 --> 00:28:25,898
Ma'am, we don't want Top Soju!
415
00:28:25,899 --> 00:28:27,638
Give us something else!
416
00:28:27,639 --> 00:28:29,128
I'll take that Top Soju!
417
00:28:29,129 --> 00:28:30,759
Sure.
418
00:28:31,979 --> 00:28:34,518
Another Top, please!
419
00:28:34,519 --> 00:28:36,549
A bottle of Top!
420
00:28:37,149 --> 00:28:38,979
Director.
421
00:28:39,719 --> 00:28:41,609
Another drink?
422
00:29:02,959 --> 00:29:06,219
I Love Gukbo!
423
00:29:18,469 --> 00:29:23,008
Workers face wage cuts, while the
execs are playing high-stakes golf!
424
00:29:23,009 --> 00:29:26,738
Incompetent and corrupt
Seok must step down!
425
00:29:26,739 --> 00:29:28,668
- Step down!
- Step down!
426
00:29:28,669 --> 00:29:32,238
Seok Jin-woo must step down!
427
00:29:32,239 --> 00:29:34,458
- Step down!
- Step down!
428
00:29:34,459 --> 00:29:37,718
Seok Jin-woo must step down!
429
00:29:37,719 --> 00:29:39,988
- Step down!
- Step down!
430
00:29:39,989 --> 00:29:42,718
Seok has ignored our blood and tears!
431
00:29:42,719 --> 00:29:44,478
He must resign!
432
00:29:44,479 --> 00:29:47,808
- Resign at once!
- Resign at once!
433
00:29:47,809 --> 00:29:49,888
I don't think today's the day for this.
434
00:29:49,889 --> 00:29:53,508
We've got our final
meeting with Solquin today.
435
00:29:53,509 --> 00:29:54,838
I believe we should proceed.
436
00:29:54,839 --> 00:29:56,308
Shouldn't we call the cops?
437
00:29:56,309 --> 00:30:01,699
If we do that, the media
will just make it worse.
438
00:30:05,729 --> 00:30:07,989
Please give me ten minutes.
439
00:30:43,249 --> 00:30:44,889
Chairman.
440
00:30:52,819 --> 00:30:55,448
Stupid bastard.
441
00:30:55,449 --> 00:30:58,438
He's brain dead, so
he's getting physical.
442
00:30:58,439 --> 00:30:59,948
I hope you can understand.
443
00:30:59,949 --> 00:31:02,339
We'll reschedule the meeting.
444
00:31:03,169 --> 00:31:06,398
I'll be in touch before flying out.
445
00:31:06,399 --> 00:31:08,029
Okay!
446
00:31:27,309 --> 00:31:29,299
In-beom!
447
00:31:30,779 --> 00:31:33,508
Why did you bother coming?
448
00:31:33,509 --> 00:31:36,858
Just wanted to give you
some meds, that's all.
449
00:31:36,859 --> 00:31:39,288
Why'd you buy so much? They've
got this in Hong Kong too.
450
00:31:39,289 --> 00:31:41,689
I'm kinda sad you're leaving.
451
00:31:42,469 --> 00:31:44,518
Things started going well after we met.
452
00:31:44,519 --> 00:31:45,828
I'm really grateful.
453
00:31:45,829 --> 00:31:49,888
Don't drown your sorrows just
because we sold the basketball team.
454
00:31:49,889 --> 00:31:52,488
You have to take care of yourself.
455
00:31:52,489 --> 00:31:55,148
Yeah, you're right.
456
00:31:55,149 --> 00:31:56,978
I have no one to drink with anyway.
457
00:31:56,979 --> 00:31:59,098
Sohn just had a baby.
458
00:31:59,099 --> 00:32:03,728
So I literally kick him
out of the office at seven.
459
00:32:03,729 --> 00:32:06,548
I tell him not to end up like me.
460
00:32:06,549 --> 00:32:10,569
Call me when you're back,
we'll grab another drink then.
461
00:32:11,599 --> 00:32:14,498
Take a vacation and
come visit Hong Kong.
462
00:32:14,499 --> 00:32:18,458
No one up top even notices
you're working yourself to death.
463
00:32:18,459 --> 00:32:23,029
Look who's talking. You and I are
the same, a couple of workaholics.
464
00:32:28,389 --> 00:32:30,049
I'm off.
465
00:32:35,549 --> 00:32:37,839
All right. Safe travels.
466
00:32:39,029 --> 00:32:40,708
Thank you for this.
467
00:32:40,709 --> 00:32:42,339
Bye.
468
00:32:57,659 --> 00:32:59,868
1998
469
00:32:59,869 --> 00:33:02,218
2003
470
00:33:02,219 --> 00:33:04,818
5 years later
471
00:33:04,819 --> 00:33:06,878
Bet you want to lower the stakes now.
Repayment 3 days overdue
472
00:33:06,879 --> 00:33:10,008
We can still lower it if you want.
473
00:33:10,009 --> 00:33:12,179
Shut up. Just stick with a million won!
474
00:33:12,809 --> 00:33:16,108
I heard Gukbo Japan is
being sold to Osaka Beer.
475
00:33:16,109 --> 00:33:20,798
It must sting, selling off
a golden goose like that.
476
00:33:20,799 --> 00:33:22,548
It was doing well in Japan.
477
00:33:22,549 --> 00:33:24,298
What can I say? Got no other options.
478
00:33:24,299 --> 00:33:26,558
Just gotta carve off a piece
and stitch things back up.
479
00:33:26,559 --> 00:33:27,718
It's almost done.
480
00:33:27,719 --> 00:33:29,728
Pyo must've gone to hell and back.
481
00:33:29,729 --> 00:33:32,718
What's that dumb-ass ever done?
482
00:33:32,719 --> 00:33:36,849
Solquin charged a fat fee and
handed him the whole solution!
483
00:33:39,819 --> 00:33:43,409
Where the hell is the update?
484
00:33:45,439 --> 00:33:46,938
Director!
485
00:33:46,939 --> 00:33:48,808
How did it go?
486
00:33:48,809 --> 00:33:51,898
Osaka Beer is asking
for just two more days.
487
00:33:51,899 --> 00:33:53,888
Can't tell if they're
stalling or serious.
488
00:33:53,889 --> 00:33:55,298
We'll have to wait it out, then.
489
00:33:55,299 --> 00:33:57,128
They're still coming to Busan, right?
490
00:33:57,129 --> 00:33:58,788
- Well, it's...
- Sit, come sit down.
491
00:33:58,789 --> 00:33:59,929
Okay.
492
00:34:00,529 --> 00:34:05,118
We're already three
days past the deadline.
493
00:34:05,119 --> 00:34:06,598
Feels intentional, doesn't it?
494
00:34:06,599 --> 00:34:09,388
The court approved the
repayment extension, right?
495
00:34:09,389 --> 00:34:11,078
Not yet.
496
00:34:11,079 --> 00:34:12,748
I'm sure it'll go through.
497
00:34:12,749 --> 00:34:16,779
They know we're negotiating
with Osaka Beer.
498
00:34:18,309 --> 00:34:19,778
Don't worry.
499
00:34:19,779 --> 00:34:22,268
Osaka won't back out of the deal.
500
00:34:22,269 --> 00:34:26,599
The creditors won't panic just
because we're a few days late.
501
00:34:27,679 --> 00:34:29,548
Let's head back to Seoul for now.
502
00:34:29,549 --> 00:34:30,859
Yes, sir.
503
00:34:32,529 --> 00:34:35,959
I'll call the court again
to confirm we'll repay.
504
00:34:41,669 --> 00:34:45,428
We've long wanted to
expand into the soju market.
505
00:34:45,429 --> 00:34:52,118
So when we heard about Gukbo
Japan's sale, we moved fast.
506
00:34:52,119 --> 00:34:55,418
But the offer you made for Ginjo
Soju was too good to pass up,
507
00:34:55,419 --> 00:34:58,388
so we had to reconsider.
508
00:34:58,389 --> 00:35:00,738
Under the name of Stone Investment.
509
00:35:00,739 --> 00:35:02,528
In a few years,
510
00:35:02,529 --> 00:35:06,408
this shell company will be the largest
shareholder of Gukbo in Korea.
511
00:35:06,409 --> 00:35:10,308
We are only financing 100
million dollars for this project.
512
00:35:10,309 --> 00:35:15,228
Like, how could we possibly
control a large company like Gukbo?
513
00:35:15,229 --> 00:35:20,478
So my second strategy is, we collect
bonds from its overseas subsidiaries,
514
00:35:20,479 --> 00:35:23,468
so that Gukbo cannot
easily react to it.
515
00:35:23,469 --> 00:35:28,158
The highest value of its overseas
subsidiary is Gukbo Japan.
516
00:35:28,159 --> 00:35:31,028
They have to sell it
to pay back the debt.
517
00:35:31,029 --> 00:35:33,498
Since it's their best performer,
518
00:35:33,499 --> 00:35:37,308
I'm gonna convince them to
hang on to it as long as possible.
519
00:35:37,309 --> 00:35:40,458
We'll make a move... at that moment.
520
00:35:40,459 --> 00:35:44,628
So it's pretty obvious that Osaka
Beer will drool about that company.
521
00:35:44,629 --> 00:35:49,788
They only just need another liquid company
that could potentially sway Osaka Beer.
522
00:35:49,789 --> 00:35:54,519
They'll need to dangle Gukbo until
they miss the golden hour window.
523
00:35:58,639 --> 00:36:02,508
We've decided to purchase
Ginjo Soju instead of Gukbo.
524
00:36:02,509 --> 00:36:05,639
Let's get started on the MOU today.
525
00:36:07,889 --> 00:36:10,128
I'm really sorry to say,
526
00:36:10,129 --> 00:36:17,588
but we got a call from Ginjo Soju this morning
saying they want to renegotiate the sale price.
527
00:36:17,589 --> 00:36:21,988
If you could give us a little more
time, we'll try to talk them down.
528
00:36:21,989 --> 00:36:25,048
Though, I can't promise anything.
529
00:36:25,049 --> 00:36:27,508
What is this?
530
00:36:27,509 --> 00:36:32,638
We only considered Ginjo Soju, with
Gukbo's acquisition practically sealed,
531
00:36:32,639 --> 00:36:37,338
because Solquin, as a trusted intermediary,
proposed a very generous offer!
532
00:36:37,339 --> 00:36:45,559
Right now, all we can say on their behalf is that
they're asking for about a 30% price increase.
533
00:36:47,789 --> 00:36:51,319
Call Gukbo Japan.
534
00:36:52,419 --> 00:36:53,588
Hurry.
535
00:36:53,589 --> 00:36:55,219
Yes, sir.
536
00:37:00,149 --> 00:37:01,849
Yes?
537
00:37:03,479 --> 00:37:04,538
Yes.
538
00:37:04,539 --> 00:37:06,108
Yes, I understand.
539
00:37:06,109 --> 00:37:07,508
Director Pyo!
540
00:37:07,509 --> 00:37:08,768
Yes?
541
00:37:08,769 --> 00:37:11,568
Osaka Beer wants to meet immediately.
542
00:37:11,569 --> 00:37:12,968
They're here?
543
00:37:12,969 --> 00:37:14,928
Yes.
544
00:37:14,929 --> 00:37:17,259
- All right, get us a cab.
- Right away.
545
00:37:18,399 --> 00:37:20,128
Taxi! Taxi!
546
00:37:20,129 --> 00:37:22,888
Over here!
547
00:37:22,889 --> 00:37:25,718
The review process took
longer than expected.
548
00:37:25,719 --> 00:37:30,228
We deeply apologize for the delay.
549
00:37:30,229 --> 00:37:34,548
You've apologized, so
I won't press it further.
550
00:37:34,549 --> 00:37:35,968
Thank you.
551
00:37:35,969 --> 00:37:37,489
Please, let's sit.
552
00:37:39,779 --> 00:37:43,358
Let's proceed with the contract today.
553
00:37:43,359 --> 00:37:45,069
Certainly.
554
00:38:00,049 --> 00:38:02,238
What's going on?
555
00:38:02,239 --> 00:38:04,878
- Pardon?
- Gukbo Hong Kong's creditors
556
00:38:04,879 --> 00:38:11,598
have reportedly filed a lawsuit in Japan
claiming ownership of Gukbo Japan!
557
00:38:11,599 --> 00:38:14,108
That can't be right.
558
00:38:14,109 --> 00:38:16,609
What's he talking about?
559
00:38:19,639 --> 00:38:20,688
Excuse me.
560
00:38:20,689 --> 00:38:25,269
Gukbo Japan's been hit
with a trademark lawsuit
561
00:38:25,929 --> 00:38:30,858
Trying to sell during an
active legal dispute?
562
00:38:30,859 --> 00:38:32,658
This is unacceptable.
563
00:38:32,659 --> 00:38:33,988
Let's go.
564
00:38:33,989 --> 00:38:38,378
Mr. Kono. Mr. Kono. Please, wait!
565
00:38:38,379 --> 00:38:41,109
- One moment please, Mr. Kono!
- Mr. Kono, please!
566
00:38:43,109 --> 00:38:44,979
Hold on a second.
567
00:38:46,809 --> 00:38:52,088
It feels like the Hong Kong creditors
are stirring things up on purpose.
568
00:38:52,089 --> 00:38:53,899
But why would they?
569
00:38:59,229 --> 00:39:01,048
- Hello?
- Director!
570
00:39:01,049 --> 00:39:04,849
The rep of the Hong Kong
creditors turns out to be Solquin!
571
00:39:06,559 --> 00:39:08,449
Solquin?
572
00:39:09,649 --> 00:39:13,119
All right, this hole is
two million per stroke!
573
00:39:15,449 --> 00:39:16,838
Chairman!
574
00:39:16,839 --> 00:39:17,888
What?
575
00:39:17,889 --> 00:39:20,368
- You goddamn moron!
- I'm sorry, sir.
576
00:39:20,369 --> 00:39:23,168
How the hell are you
even doing your job?
577
00:39:23,169 --> 00:39:26,638
Solquin knew everything about
our overseas bond situation,
578
00:39:26,639 --> 00:39:28,468
and they played both sides.
579
00:39:28,469 --> 00:39:31,198
Speak plainly, for fuck's sake!
580
00:39:31,199 --> 00:39:35,508
They advised us to sell
Gukbo Japan to Osaka,
581
00:39:35,509 --> 00:39:37,978
- but they sabotaged the...
- Those sons of bitches!
582
00:39:37,979 --> 00:39:40,818
What the hell do they gain
from blocking the sale?
583
00:39:40,819 --> 00:39:44,218
What do they gain by
filing a trademark lawsuit...
584
00:39:44,219 --> 00:39:45,878
Wait a minute.
585
00:39:45,879 --> 00:39:48,909
The sudden delay in the
Osaka deal feels off.
586
00:39:50,439 --> 00:39:53,668
They're after management control!
587
00:39:53,669 --> 00:39:55,628
Stop them, no matter what.
588
00:39:55,629 --> 00:39:58,018
You have to stop them!
589
00:39:58,019 --> 00:40:01,498
Stop them!
590
00:40:01,499 --> 00:40:04,829
It's smooth and fresh
591
00:40:17,919 --> 00:40:20,048
You're one step too late.
592
00:40:20,049 --> 00:40:25,579
You missed the 1.7 trillion won
repayment deadline by three days.
593
00:40:26,219 --> 00:40:29,888
Solquin has filed for Gukbo's
bankruptcy as a creditor.
594
00:40:29,889 --> 00:40:32,299
Now the court will decide.
595
00:40:36,129 --> 00:40:38,958
You really did this to me?
596
00:40:38,959 --> 00:40:40,929
Are you...
597
00:40:41,789 --> 00:40:44,989
really the In-beom I know?
598
00:40:46,689 --> 00:40:50,818
Seeing all our confidential documents, our
profitability made you change your mind?
599
00:40:50,819 --> 00:40:54,979
So you started buying up
our bond behind our backs?
600
00:40:56,149 --> 00:40:57,779
Or...
601
00:40:58,709 --> 00:41:04,968
did you approach us from the
beginning because this was your goal?
602
00:41:04,969 --> 00:41:08,108
We legally acquired the debt
from Stone Investment.
603
00:41:08,109 --> 00:41:13,559
Stone held Gukbo's bonds, and
we paid for them fair and square.
604
00:41:14,679 --> 00:41:18,008
Are you being serious right
now? Who do you take me for?
605
00:41:18,009 --> 00:41:23,068
If you were genuinely just investors, you
never should've approached us as consultants!
606
00:41:23,069 --> 00:41:25,178
Call it "advanced
financial engineering."
607
00:41:25,179 --> 00:41:26,328
What?
608
00:41:26,329 --> 00:41:31,308
You learned your lesson,
so feel free to benchmark us.
609
00:41:31,309 --> 00:41:34,069
You really are trash.
610
00:41:43,299 --> 00:41:48,989
"Advanced financial engineering"? You call
backstabbing clients advanced finance?
611
00:41:50,159 --> 00:41:54,318
Mark my words, we're not
going down without a fight.
612
00:41:54,319 --> 00:41:57,049
You really think the creditors
will agree to the bankruptcy?
613
00:41:57,849 --> 00:42:00,468
Most of the creditors are Koreans.
614
00:42:00,469 --> 00:42:04,278
Will they just hand over
Gukbo to a foreign firm?
615
00:42:04,279 --> 00:42:06,278
Fucking hell!
616
00:42:06,279 --> 00:42:11,768
That naive belief that the
creditors will try to save Gukbo.
617
00:42:11,769 --> 00:42:14,328
That mindset is totally wrong.
618
00:42:14,329 --> 00:42:17,098
That's exactly why you're losing!
619
00:42:17,099 --> 00:42:18,298
Do you hear me?
620
00:42:18,299 --> 00:42:20,958
You're afraid of nothing, huh?
621
00:42:20,959 --> 00:42:25,758
Why would a thief be
scared of anything?
622
00:42:25,759 --> 00:42:27,848
We don't go after just anything.
623
00:42:27,849 --> 00:42:29,798
We pounce when we see a weakness.
624
00:42:29,799 --> 00:42:35,079
Because we're a company with
weaknesses, it's fair game to attack us?
625
00:42:51,599 --> 00:42:53,699
Alright, alright, alright.
626
00:42:55,809 --> 00:42:57,908
Alright, listen up, listen up!
627
00:42:57,909 --> 00:43:01,698
To this fucking asshole
who killed the first step.
628
00:43:01,699 --> 00:43:02,978
Cheers!
629
00:43:02,979 --> 00:43:05,019
- Cheers!
- Cheers!
630
00:43:11,259 --> 00:43:15,958
Phones are ringing off the hook
in Hong Kong. It's been insane.
631
00:43:15,959 --> 00:43:18,618
Gukbo probably clued in, right?
632
00:43:18,619 --> 00:43:20,438
They'll sue, won't they?
633
00:43:20,439 --> 00:43:23,999
Now call me anytime if you need help.
634
00:43:25,099 --> 00:43:26,918
This is gonna be messy.
635
00:43:26,919 --> 00:43:32,138
Fighting for creditors, and
fighting with Gukbo in court.
636
00:43:32,139 --> 00:43:34,939
You don't really like them, do you?
637
00:43:38,419 --> 00:43:40,238
Yeah.
638
00:43:40,239 --> 00:43:42,558
He irritates me.
639
00:43:42,559 --> 00:43:44,978
He knows nothing of the world.
640
00:43:44,979 --> 00:43:53,079
But somehow, his stupidity makes
me feel like... I'm a fucking asshole.
641
00:44:05,089 --> 00:44:09,978
Solquin will focus on rallying
creditors who support bankruptcy.
642
00:44:09,979 --> 00:44:14,448
The majority's stance will heavily
influence the court's decision.
643
00:44:14,449 --> 00:44:16,348
So this ends up in court?
644
00:44:16,349 --> 00:44:20,888
Isn't there any way to overturn it by
revealing Solquin's double-dealing?
645
00:44:20,889 --> 00:44:27,189
Chairman, the truth is, Gukbo
failed to repay its debt on time.
646
00:44:29,069 --> 00:44:31,528
We can't cancel the application
now that it's been filed.
647
00:44:31,529 --> 00:44:37,718
As for Solquin violating the NDA,
Gukbo will need to prove that in court.
648
00:44:37,719 --> 00:44:41,408
Solquin won't readily admit it.
649
00:44:41,409 --> 00:44:42,798
Shit.
650
00:44:42,799 --> 00:44:46,408
Pyo got played like a puppet for
five years. Can you believe this?
651
00:44:46,409 --> 00:44:52,239
How did he not suspect anything, and
blindly believed every word they said?
652
00:44:54,639 --> 00:44:57,539
Let's not get too discouraged.
653
00:45:00,009 --> 00:45:05,798
Not many Koreans want to see Gukbo
handed over to a foreign company.
654
00:45:05,799 --> 00:45:07,868
Isn't Top Soju practically
the national drink?
655
00:45:07,869 --> 00:45:11,018
Use public opinion to your advantage.
656
00:45:11,019 --> 00:45:13,888
A good number of creditors
will oppose the bankruptcy.
657
00:45:13,889 --> 00:45:17,619
Focus on securing as
many of them as possible.
658
00:45:31,969 --> 00:45:34,728
We need to buy more bonds.
659
00:45:34,729 --> 00:45:37,298
I'll scrape together ten
billion by the end of the week.
660
00:45:37,299 --> 00:45:38,728
So buy some more.
661
00:45:38,729 --> 00:45:44,159
At this rate, it's all over for us.
662
00:46:00,789 --> 00:46:03,468
Damn, Solquin really is something else.
663
00:46:03,469 --> 00:46:06,168
Their MandA strategy
is insanely calculated.
664
00:46:06,169 --> 00:46:08,928
Global investment firms
really are on another level.
665
00:46:08,929 --> 00:46:10,898
You call that an MandA strategy?
666
00:46:10,899 --> 00:46:13,888
That's called a con job!
667
00:46:13,889 --> 00:46:15,888
You should know better,
working as a financial supervisor.
668
00:46:15,889 --> 00:46:19,588
Dude, to be honest, if
it's not technically illegal,
669
00:46:19,589 --> 00:46:21,918
even fraud counts
as financial strategy.
670
00:46:21,919 --> 00:46:24,479
Speculation and investment
are basically the same.
671
00:46:25,849 --> 00:46:29,978
Tanzania earns 3 trillion a year
and splits it among 25 million people,
672
00:46:29,979 --> 00:46:33,308
while Solquin makes 3 trillion a
year and splits it among 160 people.
673
00:46:33,309 --> 00:46:35,509
Shut up and drink.
674
00:46:39,429 --> 00:46:45,329
Save Gukbo Campaign HQ
675
00:46:46,869 --> 00:46:48,519
It's our honor to meet you.
676
00:46:50,389 --> 00:46:54,508
You can save Gukbo only by
filing for court receivership,
677
00:46:54,509 --> 00:46:57,878
and finding a specialist to
confidently manage the company.
678
00:46:57,879 --> 00:47:00,808
Please help save Gukbo. Thank you!
679
00:47:00,809 --> 00:47:02,678
- We ask for your support.
- Sure.
680
00:47:02,679 --> 00:47:04,138
Please help.
681
00:47:04,139 --> 00:47:07,718
We had more than enough
time, but Solquin...
682
00:47:07,719 --> 00:47:10,228
Chairman Seok recklessly
created subsidiaries,
683
00:47:10,229 --> 00:47:14,568
using top-selling Gukbo
Soju as collateral, didn't he?
684
00:47:14,569 --> 00:47:20,058
His vanity ultimately put a solid
company like Gukbo in jeopardy.
685
00:47:20,059 --> 00:47:21,598
These documents prove that
686
00:47:21,599 --> 00:47:27,888
Solquin disrupted the sale of Gukbo Japan,
which prevented us from repaying our debt.
687
00:47:27,889 --> 00:47:29,928
If you look at page three,
688
00:47:29,929 --> 00:47:33,498
there's a report from Solquin itself
advising us to sell Gukbo Japan.
689
00:47:33,499 --> 00:47:36,378
At that time, Solquin had already
created a shell company...
690
00:47:36,379 --> 00:47:41,638
Chairman Seok will never
be able to revive Gukbo.
691
00:47:41,639 --> 00:47:44,098
He has shown no remorse
for his own mistakes
692
00:47:44,099 --> 00:47:47,818
and insists he's the only
one who can run Gukbo.
693
00:47:47,819 --> 00:47:53,258
Would you really entrust this
company to such a self-serving man?
694
00:47:53,259 --> 00:47:54,958
Creditor Overview
April 28th, 2003
695
00:47:54,959 --> 00:47:57,178
If the sale of Gukbo Japan
hadn't been blocked,
696
00:47:57,179 --> 00:48:01,188
we could have easily repaid the principal,
and been on the road to recovery!
697
00:48:01,189 --> 00:48:06,478
The way to save Gukbo is to find a new,
competent leadership through court receivership.
698
00:48:06,479 --> 00:48:08,878
Solquin states that there is
699
00:48:08,879 --> 00:48:13,768
a strict "Chinese Wall" between
consulting and investment departments.
700
00:48:13,769 --> 00:48:19,958
They claim that Gukbo's allegations of insider
information sharing simply aren't possible!
701
00:48:19,959 --> 00:48:21,328
What is a "Chinese Wall"?
702
00:48:21,329 --> 00:48:25,528
It's an information
barrier preventing firms
703
00:48:25,529 --> 00:48:29,719
from using consulting data
for their own investments...
704
00:48:30,689 --> 00:48:32,918
The trial begins next week.
705
00:48:32,919 --> 00:48:37,378
Any thoughts on the court
now deciding Gukbo's fate?
706
00:48:37,379 --> 00:48:41,378
Solquin, a global consulting firm,
707
00:48:41,379 --> 00:48:45,078
came in under the guise of an advisor
and took all of our internal secrets.
708
00:48:45,079 --> 00:48:47,298
They secretly bought up bonds,
709
00:48:47,299 --> 00:48:50,288
and now they're trying to take
over Gukbo's management itself.
710
00:48:50,289 --> 00:48:54,379
We trust the court will
deliver a fair judgment.
711
00:48:55,899 --> 00:49:00,058
Do you realize we've been
working 115 hours a week?
712
00:49:00,059 --> 00:49:02,188
And I'm not even getting a bonus.
713
00:49:02,189 --> 00:49:05,288
Isn't getting posted to
New York your bonus?
714
00:49:05,289 --> 00:49:06,949
That's true.
715
00:49:17,669 --> 00:49:21,908
62% of creditors still oppose
to bankruptcy, is that true?
716
00:49:21,909 --> 00:49:23,518
61% actually.
717
00:49:23,519 --> 00:49:28,938
I found that Chairman Seok made a size able
slush fund to get the current president elected.
718
00:49:28,939 --> 00:49:33,298
If an arrest warrant is issued, and he's
forced to stand in the police lineup,
719
00:49:33,299 --> 00:49:37,358
more than half the creditors
will change their minds.
720
00:49:37,359 --> 00:49:38,878
No, it's not enough.
721
00:49:38,879 --> 00:49:40,758
Slush fund doesn't feel dirty enough.
722
00:49:40,759 --> 00:49:42,428
Put yourself in the
creditors' position.
723
00:49:42,429 --> 00:49:44,758
They'll think Chairman Seok is doing
whatever he can to save the company.
724
00:49:44,759 --> 00:49:46,128
How about an audit?
725
00:49:46,129 --> 00:49:48,218
Link them to national tax service.
726
00:49:48,219 --> 00:49:52,078
They go after companies that
barely survive the IMF crisis?
727
00:49:52,079 --> 00:49:57,368
That's not a bad idea because we need...
we need something bigger than a tax audit.
728
00:49:57,369 --> 00:50:00,378
Who knows Gukbo like we do?
729
00:50:00,379 --> 00:50:01,988
That law firm?
730
00:50:01,989 --> 00:50:07,598
Mumyeong has been in charge of Gukbo since
the approval of the composition in 1997.
731
00:50:07,599 --> 00:50:09,648
They represented Gukbo
for the last five years.
732
00:50:09,649 --> 00:50:13,378
They would damn well know Gukbo's
fucking weaknesses. Which means...
733
00:50:13,379 --> 00:50:15,909
they're the perfect partner for us.
734
00:50:17,129 --> 00:50:22,268
Gukbo can approve. Solquin's internal departments
have been sharing information with each other.
735
00:50:22,269 --> 00:50:25,218
But it's illegal for Mumyeong
to be partnered with us.
736
00:50:25,219 --> 00:50:29,058
It's a conflict of interest with
the Korean Attorney-at-law Act.
737
00:50:29,059 --> 00:50:32,278
This plan could
backfire on us. Big time.
738
00:50:32,279 --> 00:50:34,688
Hey, Beom. You wanna win?
739
00:50:34,689 --> 00:50:37,678
Then you accept the risk,
okay? Let's figure it out.
740
00:50:37,679 --> 00:50:41,168
Remember, information is king.
741
00:50:41,169 --> 00:50:43,989
High risk, high return.
742
00:50:45,689 --> 00:50:50,018
Law Firm Mumyeong
743
00:50:50,019 --> 00:50:52,509
- Please have a seat.
- Thank you.
744
00:50:56,999 --> 00:51:01,848
So, Solquin is finally our client.
745
00:51:01,849 --> 00:51:03,399
Are we?
746
00:51:04,129 --> 00:51:06,988
We've actually been wanting
to go global for a long time.
747
00:51:06,989 --> 00:51:12,768
Since Korean laws are different
from the U.S., you need a friend here.
748
00:51:12,769 --> 00:51:14,848
We'd be more than
happy to be a partner.
749
00:51:14,849 --> 00:51:18,418
Wow, I'm glad to hear that.
750
00:51:18,419 --> 00:51:21,438
Mumyeong served as
Gukbo's legal representative
751
00:51:21,439 --> 00:51:25,708
from the composition approval
to the recent restructure.
752
00:51:25,709 --> 00:51:31,878
Given your close ties to Gukbo, is it
legally feasible for you to work with us?
753
00:51:31,879 --> 00:51:34,899
Of course, it's not a problem.
754
00:51:35,629 --> 00:51:38,738
The law is like a spider web.
755
00:51:38,739 --> 00:51:42,458
Small bugs such as flies and
mosquitoes get caught and die.
756
00:51:42,459 --> 00:51:47,659
But large animals like birds fly
through without a worry in the world.
757
00:51:48,409 --> 00:51:51,018
I know exactly what
you're worried about.
758
00:51:51,019 --> 00:51:55,688
The provisions of the Attorney-at-law
Act is a conflict of interest.
759
00:51:55,689 --> 00:52:01,118
But we can proceed without
violating any regulations.
760
00:52:01,119 --> 00:52:06,228
There are plenty of law firms
that will gladly be our puppet.
761
00:52:06,229 --> 00:52:11,789
Aside from the law, are you
okay with this, personally?
762
00:52:12,899 --> 00:52:18,039
I mean, you have an amicable working
relationship with Gukbo, I heard.
763
00:52:20,779 --> 00:52:24,779
Haven't you also had an
amicable relationship with Gukbo?
764
00:52:28,099 --> 00:52:32,188
It's the job of the court to make
moral decisions and judgement.
765
00:52:32,189 --> 00:52:36,659
Law firms simply decide
which clients they work with.
766
00:52:37,659 --> 00:52:39,789
Does that clear everything up?
767
00:52:41,189 --> 00:52:45,348
We can force Gukbo
into declaring bankruptcy.
768
00:52:45,349 --> 00:52:49,058
And I'll put Gukbo in your path.
769
00:52:49,059 --> 00:52:50,228
Your Honor.
770
00:52:50,229 --> 00:52:53,968
Gukbo is a highly capable company,
generating over 200 billion won
771
00:52:53,969 --> 00:52:55,958
in operating profit annually.
First Hearing
772
00:52:55,959 --> 00:53:00,288
As Top Soju has contributed significantly to
Gukbo's recovery since it launched in 1997,
773
00:53:00,289 --> 00:53:04,248
they got to fully meet
its composition terms.
774
00:53:04,249 --> 00:53:05,378
Furthermore...
775
00:53:05,379 --> 00:53:09,079
Why isn't Mumyeong handling
such an important trial for us?
776
00:53:11,509 --> 00:53:13,308
They suddenly backed out.
777
00:53:13,309 --> 00:53:16,699
They declined twice,
so I stopped asking.
778
00:53:17,939 --> 00:53:21,008
The opposition is a firm called 2K,
779
00:53:21,009 --> 00:53:23,018
- I've never heard of them.
- Your Honor,
780
00:53:23,019 --> 00:53:27,888
may I read a petition that the Gukbo labor
union asked me to present to the court?
781
00:53:27,889 --> 00:53:29,888
Keep it short.
782
00:53:29,889 --> 00:53:35,218
When executive mistakes put our company in crisis,
Gukbo's 10,000 workers took to the streets,
783
00:53:35,219 --> 00:53:38,578
promoting Top Soju
wherever alcohol was sold.
784
00:53:38,579 --> 00:53:43,608
Their efforts brought in 200 billion won
in profit and boosted market share,
785
00:53:43,609 --> 00:53:47,438
and full recovery was within our grasp.
786
00:53:47,439 --> 00:53:56,899
If Gukbo is declared bankrupt now, all our
hard work would be dismissed and betrayed.
787
00:53:57,599 --> 00:54:01,128
That's right. Gukbo is a solid
company with strong operating profits.
788
00:54:01,129 --> 00:54:04,638
Both the creditors and the public
want to see Gukbo revived.
789
00:54:04,639 --> 00:54:07,988
Which is exactly why Solquin
filed for Gukbo's bankruptcy.
790
00:54:07,989 --> 00:54:11,688
Because under corrupt
leadership, Gukbo's future is bleak.
791
00:54:11,689 --> 00:54:13,008
- Your Honor!
- Your Honor.
792
00:54:13,009 --> 00:54:17,178
I'm explaining the justified distrust
toward Gukbo's current leadership.
793
00:54:17,179 --> 00:54:18,868
You can continue.
794
00:54:18,869 --> 00:54:24,568
For months, rumors of Chairman
Seok's embezzlement circulated.
795
00:54:24,569 --> 00:54:27,998
And people said it wasn't just
some baseless market gossip.
796
00:54:27,999 --> 00:54:34,628
Yesterday, prosecutors officially launched
an investigation into Chairman Seok.
797
00:54:34,629 --> 00:54:39,218
There's strong suspicion he used
funds that should've been used
798
00:54:39,219 --> 00:54:44,078
to repay company debt to
defend his control of the company.
799
00:54:44,079 --> 00:54:48,809
Possibly through illegal practices
like buying back company bonds.
800
00:54:52,309 --> 00:54:54,208
Was it you?
801
00:54:54,209 --> 00:54:57,468
Were you running your damn mouth?
802
00:54:57,469 --> 00:55:00,768
If not, bring me that bastard
Koo Young-mo right now!
803
00:55:00,769 --> 00:55:03,728
If Mumyeong didn't leak that info,
how the hell would they know?
804
00:55:03,729 --> 00:55:08,288
It's a violation of the Attorney
Act! This is illegal! No?
805
00:55:08,289 --> 00:55:10,418
I'll look into it, sir.
806
00:55:10,419 --> 00:55:12,219
Director Pyo.
807
00:55:14,309 --> 00:55:17,478
We need to make use of this properly.
808
00:55:17,479 --> 00:55:24,478
They say it's hard to prove Solquin
shared our info with their investment arm.
809
00:55:24,479 --> 00:55:26,968
But with this, we can catch them.
810
00:55:26,969 --> 00:55:28,938
We can nail them for this one!
811
00:55:28,939 --> 00:55:33,668
Only Mumyeong had that info.
Sue their ass under the Attorney Act!
812
00:55:33,669 --> 00:55:37,258
And expose Solquin to the media!
813
00:55:37,259 --> 00:55:42,228
If you can't pin this down,
don't bother coming to work.
814
00:55:42,229 --> 00:55:45,219
No, screw that, go kill yourself!
815
00:55:45,889 --> 00:55:49,278
You should've known the second that
son-of-a-bitch Koo declined this case.
816
00:55:49,279 --> 00:55:53,679
You should have figured it out!
817
00:55:54,809 --> 00:55:57,179
You goddamn moron.
818
00:56:12,759 --> 00:56:15,689
Plaque of Appreciation
819
00:56:17,359 --> 00:56:21,318
It'll be hard to prove any ties
between 2K and Mumyeong.
820
00:56:21,319 --> 00:56:24,779
Those clever bastards
wouldn't leave a trace.
821
00:56:26,249 --> 00:56:32,768
The prosecutor on Seok's case won't
let go once he sinks his teeth in.
822
00:56:32,769 --> 00:56:34,969
This doesn't look good for Gukbo.
823
00:56:37,669 --> 00:56:40,599
Stop blaming yourself.
824
00:56:41,269 --> 00:56:43,929
There's nothing more you can do.
825
00:57:11,839 --> 00:57:14,869
Letter of Resignation
826
00:57:24,759 --> 00:57:27,418
Let me ask you one thing.
827
00:57:27,419 --> 00:57:31,678
Like you said, Seok is a bastard.
828
00:57:31,679 --> 00:57:33,578
And I'm trash for standing by him.
829
00:57:33,579 --> 00:57:35,708
But...
830
00:57:35,709 --> 00:57:38,609
what did the employees do wrong?
831
00:57:39,439 --> 00:57:42,668
I don't care about
anything else, so tell me.
832
00:57:42,669 --> 00:57:48,758
If you take over the company, do
you actually plan to run it properly?
833
00:57:48,759 --> 00:57:50,728
You're not...
834
00:57:50,729 --> 00:57:56,218
gonna lay everyone off and
flip it for profit, are you?
835
00:57:56,219 --> 00:57:59,249
There are many ways to make money.
836
00:58:00,249 --> 00:58:04,049
Isn't there the freedom to
earn money in this country?
837
00:58:05,879 --> 00:58:11,008
You call firing hardworking
people a freedom?
838
00:58:11,009 --> 00:58:15,598
Do you even think about
how they'll struggle just trying
839
00:58:15,599 --> 00:58:18,969
to keep up with tuition
or mortgage payments?
840
00:58:20,429 --> 00:58:24,199
You knew Chairman Seok
was buying up bonds...
841
00:58:24,799 --> 00:58:27,259
with company money.
842
00:58:27,889 --> 00:58:30,759
That was your freedom too.
843
00:58:39,149 --> 00:58:42,218
I admit I made the wrong call.
844
00:58:42,219 --> 00:58:48,118
But I thought helping him was the
only way to keep the company afloat.
845
00:58:48,119 --> 00:58:52,768
For the employees to survive.
846
00:58:52,769 --> 00:58:55,608
Just do me one favor.
847
00:58:55,609 --> 00:58:58,888
For the sake of your bonuses,
848
00:58:58,889 --> 00:59:01,729
people are gonna end up on the streets.
849
00:59:02,389 --> 00:59:05,549
Just think about that
for even one minute.
850
00:59:06,389 --> 00:59:08,449
At least you.
851
00:59:57,099 --> 00:59:58,898
Next on the news.
852
00:59:58,899 --> 01:00:00,068
Early this morning,
853
01:00:00,069 --> 01:00:03,798
a man in his fifties jumped from
Gukbo's Namyangju factory rooftop.
854
01:00:03,799 --> 01:00:06,728
The man has been confirmed to
be an executive at Gukbo Group.
855
01:00:06,729 --> 01:00:13,189
He was transported to a hospital
after being found by a factory worker.
856
01:00:14,709 --> 01:00:18,238
Gukbo's sales are incredible!
It's a real golden egg.
857
01:00:18,239 --> 01:00:20,148
Soju really is a unique business.
858
01:00:20,149 --> 01:00:24,268
Top Soju was released in 1987, 100
million bottles were sold in 6 months.
859
01:00:24,269 --> 01:00:29,008
3 billion bottles, 3 years. That's 85
bottles per adult. Can you believe that?
860
01:00:29,009 --> 01:00:31,058
Okay, so when Gukbo
enters the MandA Market,
861
01:00:31,059 --> 01:00:33,608
the competition to secure
it is going to be tight, right?
862
01:00:33,609 --> 01:00:35,298
Abso-fuckin-lutely.
863
01:00:35,299 --> 01:00:36,908
Alright, once the
bankruptcy is declared,
864
01:00:36,909 --> 01:00:40,278
you gotta delay the sale
as long as possible, alright?
865
01:00:40,279 --> 01:00:42,849
Jack up the price by
jerking the bidders around.
866
01:00:43,789 --> 01:00:46,129
By the way, have you
appraised Gukbo yet?
867
01:00:48,259 --> 01:00:53,598
Yes, it was appraised at 2 billion dollars,
but it can be raised up to 2.2 billion.
868
01:00:53,599 --> 01:00:55,028
And what's the expected return?
869
01:00:55,029 --> 01:00:58,938
If Gukbo gets sold at a
raised valuation of 2.2 billion,
870
01:00:58,939 --> 01:01:00,719
it'll be...
871
01:01:01,909 --> 01:01:03,779
600%.
872
01:01:04,549 --> 01:01:07,649
Don't tell me you're jumping
into bed at 2.2 billion?
873
01:01:08,279 --> 01:01:12,568
I'll get some articles going in several publications
and say that Gukbo is undervalued.
874
01:01:12,569 --> 01:01:16,118
Wall Street magazine, a couple of British
business magazines should do the trick.
875
01:01:16,119 --> 01:01:17,818
We can buy those articles, no problem.
876
01:01:17,819 --> 01:01:22,728
If the valuation is 2.2 billion, the
analysts will pump it up to 3.2 billion.
877
01:01:22,729 --> 01:01:25,048
Adding a billion is not unreasonable.
878
01:01:25,049 --> 01:01:27,468
- That's the sound of your bonus going up, buddy.
- Hey.
879
01:01:27,469 --> 01:01:30,649
You'd better lick them lips
and get ready to suck my dick.
880
01:01:31,809 --> 01:01:33,888
Hey, that's right. You are the man.
881
01:01:33,889 --> 01:01:38,468
You manage to pull off this sale, I'll
put you in charge of Solquin Seoul.
882
01:01:38,469 --> 01:01:40,978
Put in a recommendation for you,
that first Solquin branch in Seoul
883
01:01:40,979 --> 01:01:43,178
that you proposed back in New York.
884
01:01:43,179 --> 01:01:44,919
You're gonna build it.
885
01:01:48,889 --> 01:01:51,308
This... This fucking
guy, his name is In-beom.
886
01:01:51,309 --> 01:01:54,358
I think he should change his name to
Bomb, because he's gonna blow up Seoul
887
01:01:54,359 --> 01:01:56,328
and make it his bitch.
888
01:01:56,329 --> 01:01:57,719
Bomb!
889
01:01:59,099 --> 01:02:00,598
Hey Beom.
890
01:02:00,599 --> 01:02:04,079
You don't really wanna go back to
New York as an analyst again, right?
891
01:02:04,949 --> 01:02:07,078
Push it all the way.
892
01:02:07,079 --> 01:02:09,268
We've already spent a billion.
893
01:02:09,269 --> 01:02:11,809
Headquarter wants this wrapped
up by the end of the month.
894
01:02:14,969 --> 01:02:19,318
He was lucky to hit several
structural beams on the way down.
895
01:02:19,319 --> 01:02:21,578
Truly a miracle, Chairman.
896
01:02:21,579 --> 01:02:26,368
Aside from a torn kidney,
there's no major organ damage.
897
01:02:26,369 --> 01:02:29,308
But he really needs glaucoma surgery.
898
01:02:29,309 --> 01:02:32,018
- Glaucoma?
- If he doesn't get it soon, he could go blind.
899
01:02:32,019 --> 01:02:33,649
No.
900
01:02:34,269 --> 01:02:36,439
I'm fine for now.
901
01:02:46,799 --> 01:02:49,258
They said you're being
discharged next week?
902
01:02:49,259 --> 01:02:50,598
Yes.
903
01:02:50,599 --> 01:02:52,229
Director Pyo.
904
01:02:52,959 --> 01:02:55,589
Why did you do something so foolish?
905
01:02:57,859 --> 01:03:00,218
If you had died like
that, what about me?
906
01:03:00,219 --> 01:03:04,918
Do you know how much bond
is tied up in your shell company?
907
01:03:04,919 --> 01:03:10,208
How could you try to kill
yourself without telling me?
908
01:03:10,209 --> 01:03:12,938
I get it, you may be upset with me.
909
01:03:12,939 --> 01:03:14,968
But to act so recklessly...
910
01:03:14,969 --> 01:03:19,078
The prosecution's digging
into presidential slush funds.
911
01:03:19,079 --> 01:03:22,629
I can't even change the name
on those assets in this climate.
912
01:03:24,359 --> 01:03:30,718
This hospital's best
doctor worked on you.
913
01:03:30,719 --> 01:03:36,849
This company saved your mother's life,
and now it's saved yours too, right?
914
01:03:41,679 --> 01:03:44,108
Yes, thank you.
915
01:03:44,109 --> 01:03:45,938
- Chairman.
- Yeah?
916
01:03:45,939 --> 01:03:51,438
Once we get through this crisis,
please don't lay anyone off.
917
01:03:51,439 --> 01:03:53,168
Of course! I promise.
918
01:03:53,169 --> 01:03:55,459
Why would I fire the
staff? No way in hell.
919
01:04:01,579 --> 01:04:05,119
You don't really wanna go back to
New York as an analyst again, right?
920
01:04:05,919 --> 01:04:08,038
Push it all the way.
921
01:04:08,039 --> 01:04:10,258
We've already spent a billion.
922
01:04:10,259 --> 01:04:13,489
Headquarter wants this wrapped
up by the end of the month.
923
01:04:16,109 --> 01:04:19,669
57% opposed
June 3rd, 2003
924
01:04:48,009 --> 01:04:50,139
How are you doing?
925
01:04:51,209 --> 01:04:53,329
Get to the point.
926
01:04:55,039 --> 01:04:58,428
Have Sohn request
documents from the court.
927
01:04:58,429 --> 01:05:03,428
Ask for 2K's list of
pro-bankruptcy creditors.
928
01:05:03,429 --> 01:05:07,928
Then 2K will fax the
documents to the court.
929
01:05:07,929 --> 01:05:13,889
At the hearing, ask the judge
to confirm the origin of that fax.
930
01:05:15,379 --> 01:05:17,478
What are you scheming now?
931
01:05:17,479 --> 01:05:19,888
You already know.
932
01:05:19,889 --> 01:05:24,319
This case is being handled
by Mumyeong, not 2K.
933
01:05:25,629 --> 01:05:30,059
I'm just getting that straight.
934
01:05:32,269 --> 01:05:34,769
This may sound like a joke...
935
01:05:36,139 --> 01:05:40,288
but I can't stand watching
lawyers break the law.
936
01:05:40,289 --> 01:05:44,819
Just know that this isn't a scheme.
937
01:05:50,649 --> 01:05:53,379
Law Firm 2K
938
01:05:57,109 --> 01:05:58,968
Public outrage is still boiling over.
939
01:05:58,969 --> 01:06:00,368
Revealing the Truth about Solquin!
940
01:06:00,369 --> 01:06:02,768
The "Save Gukbo" campaign
is highly organized too.
941
01:06:02,769 --> 01:06:05,768
The chairman's arrest warrant
will likely be issued.
942
01:06:05,769 --> 01:06:09,459
We just have to time it right.
943
01:06:10,759 --> 01:06:16,978
Ms. Jeon, the court wants the
creditor consent for bankruptcy.
944
01:06:16,979 --> 01:06:19,279
- Send it.
- Yes, ma'am.
945
01:06:37,799 --> 01:06:41,529
Cancel
946
01:06:47,759 --> 01:06:51,118
Sir, I'll head out early today.
947
01:06:51,119 --> 01:06:52,889
Go ahead.
948
01:07:04,539 --> 01:07:06,838
Heading home?
949
01:07:06,839 --> 01:07:10,898
Not yet. I got chores to
take care of at the firm.
950
01:07:10,899 --> 01:07:12,428
You're working hard.
951
01:07:12,429 --> 01:07:15,598
If you've got time, I
was hoping for a chat.
952
01:07:15,599 --> 01:07:20,588
- Sounds good. I know a private members club...
- No, let's go to your office.
953
01:07:20,589 --> 01:07:23,019
You've got work to do anyway.
954
01:07:28,879 --> 01:07:31,219
Let me just make a quick call.
955
01:07:53,359 --> 01:07:54,958
Yes, Your Honor.
956
01:07:54,959 --> 01:07:58,118
I was in an important meeting,
so I couldn't take your call.
957
01:07:58,119 --> 01:08:00,719
The Ieum Group case?
958
01:08:14,009 --> 01:08:17,739
I'll get in touch with you tomorrow.
959
01:08:27,509 --> 01:08:31,878
I've actually wanted to grab
a drink with you for some time.
960
01:08:31,879 --> 01:08:35,418
I'm glad you've made
time for that today.
961
01:08:35,419 --> 01:08:37,219
Is that so?
962
01:08:39,549 --> 01:08:42,508
We're not too far apart in age,
963
01:08:42,509 --> 01:08:48,338
and I was probably around
five years your senior at SNU.
964
01:08:48,339 --> 01:08:54,469
Not trying to pull rank on my own
client, I just wanted to be friends.
965
01:08:57,699 --> 01:09:04,018
If the Gukbo sale succeeds, Solquin
will open a branch here in Seoul, right?
966
01:09:04,019 --> 01:09:07,889
I heard you're being
considered to lead that branch.
967
01:09:08,579 --> 01:09:12,199
I think we can be long-term partners.
968
01:09:14,549 --> 01:09:20,868
At Mumyeong, we prioritize
clients like Solquin above all else.
969
01:09:20,869 --> 01:09:23,798
That's very kind of you to say.
970
01:09:23,799 --> 01:09:28,958
Honestly, I never expected Mumyeong
to betray Gukbo and take our side.
971
01:09:28,959 --> 01:09:31,858
Lawyers are bound
by the law, after all.
972
01:09:31,859 --> 01:09:38,489
Well... American lawyers have been
corporate watchdogs for over a century now.
973
01:09:46,509 --> 01:09:49,439
You seem upset, Mr. Choi.
974
01:09:51,379 --> 01:09:53,838
Is there a problem?
975
01:09:53,839 --> 01:09:56,968
No, it's just...
976
01:09:56,969 --> 01:10:00,968
It makes you feel like there's nothing
you can't get away with in Korea,
977
01:10:00,969 --> 01:10:05,528
and that honestly makes me pretty sad.
978
01:10:05,529 --> 01:10:07,359
Mr. Choi.
979
01:10:08,919 --> 01:10:13,689
I shouldn't be hearing
that from my junior...
980
01:10:14,839 --> 01:10:18,688
so let me be rude to my
VIP client just this once.
981
01:10:18,689 --> 01:10:21,278
Just stick to one thing,
you piece of shit.
982
01:10:21,279 --> 01:10:25,468
Stick to making your
money with a smile.
983
01:10:25,469 --> 01:10:29,268
Why pretend to be noble
while making money?
984
01:10:29,269 --> 01:10:33,269
Stick to one story, you son of a bitch.
985
01:10:45,589 --> 01:10:48,879
What a piece of shit.
986
01:10:50,319 --> 01:10:54,509
Second Hearing
987
01:11:00,039 --> 01:11:01,168
Your Honor,
988
01:11:01,169 --> 01:11:05,328
Gukbo's legal advisor has been
Mumyeong for the last five years.
989
01:11:05,329 --> 01:11:10,098
But they aren't representing
Gukbo in this case.
990
01:11:10,099 --> 01:11:13,458
And there was no clear reason
that would've caused a rift.
991
01:11:13,459 --> 01:11:20,388
However, behind 2K, who
is now representing Solquin,
992
01:11:20,389 --> 01:11:26,008
there appears to be Mumyeong, who has
full access to Gukbo's confidential info.
993
01:11:26,009 --> 01:11:28,208
That is outrageous.
994
01:11:28,209 --> 01:11:30,598
That's just speculation with no proof.
995
01:11:30,599 --> 01:11:32,938
I agree, it is outrageous.
996
01:11:32,939 --> 01:11:35,938
But it's a blatant case of
unethical dual representation
997
01:11:35,939 --> 01:11:39,579
and a clear violation
of the Attorney Act.
998
01:11:41,339 --> 01:11:42,658
Your Honor,
999
01:11:42,659 --> 01:11:46,218
this document was submitted to
the court by 2K and shared with us.
1000
01:11:46,219 --> 01:11:48,928
Please confirm whether
the sender is indeed 2K.
1001
01:11:48,929 --> 01:11:51,639
Come up and check it for yourself.
1002
01:11:55,219 --> 01:12:02,839
The document 2K submitted to the court shows
a fax number that matches Mumyeong's.
1003
01:12:03,879 --> 01:12:05,409
Koo Young-mo
1004
01:12:08,759 --> 01:12:11,928
Your Honor, this must be
some kind of mistake.
1005
01:12:11,929 --> 01:12:15,818
We'll need to verify
this matter further,
1006
01:12:15,819 --> 01:12:20,429
so the court is adjourned and this
hearing will be postponed to next week.
1007
01:12:23,959 --> 01:12:27,608
The second bankruptcy hearing
for Gukbo is set for next week.
1008
01:12:27,609 --> 01:12:32,678
Gukbo warns that citizens'
hard-earned savings, soothed by soju,
1009
01:12:32,679 --> 01:12:35,678
could end up in the hands
of foreign investors,
1010
01:12:35,679 --> 01:12:38,838
in an attempt to appeal to
the public and creditors.
1011
01:12:38,839 --> 01:12:43,138
With clear evidence of Solquin's
breach of confidentiality,
1012
01:12:43,139 --> 01:12:49,299
many believe the court is
likely to rule in Gukbo's favor.
1013
01:13:03,019 --> 01:13:04,809
Director.
1014
01:13:15,939 --> 01:13:18,299
Please get your glaucoma surgery.
1015
01:13:20,599 --> 01:13:23,459
I heard about it from the nurse.
1016
01:13:24,229 --> 01:13:27,449
You'll go blind if you don't get it.
1017
01:13:33,249 --> 01:13:35,219
Why did you do it?
1018
01:13:36,979 --> 01:13:40,049
Don't tell me it was
because of Chairman Seok?
1019
01:13:41,709 --> 01:13:43,378
I wasn't being impulsive.
1020
01:13:43,379 --> 01:13:45,538
And definitely not because of him.
1021
01:13:45,539 --> 01:13:49,908
After writing my resignation
letter that night...
1022
01:13:49,909 --> 01:13:53,269
I sat at my desk and
looked back on my life.
1023
01:13:54,289 --> 01:13:58,558
And I realized I'm a man
who only ever knew work.
1024
01:13:58,559 --> 01:14:01,689
My wife left, and so did my daughter.
1025
01:14:05,219 --> 01:14:07,119
All I had left...
1026
01:14:08,079 --> 01:14:10,149
was this company.
1027
01:14:13,449 --> 01:14:19,839
And if I lose it too, then
everything I've lived for...
1028
01:14:20,639 --> 01:14:22,869
it would all feel so empty...
1029
01:14:25,099 --> 01:14:27,298
and unfair.
1030
01:14:27,299 --> 01:14:30,718
That company you
care so deeply about...
1031
01:14:30,719 --> 01:14:35,018
Is it really worth throwing
your life away for?
1032
01:14:35,019 --> 01:14:38,188
I just don't get you.
1033
01:14:38,189 --> 01:14:43,378
I work myself to the bone because
I want a fat paycheck, bonuses,
1034
01:14:43,379 --> 01:14:45,548
and guaranteed promotions.
1035
01:14:45,549 --> 01:14:48,438
But that's not why you work!
1036
01:14:48,439 --> 01:14:52,038
So what the hell are you
working so hard for?
1037
01:14:52,039 --> 01:14:56,099
That's exactly what I wanted to
tell you if I ever saw you again.
1038
01:14:58,329 --> 01:15:01,269
That company is ruining you.
1039
01:15:02,159 --> 01:15:06,888
Someone as smart as you could get
paid well and promoted fast anywhere.
1040
01:15:06,889 --> 01:15:10,568
But do you really have to
make money the way you do?
1041
01:15:10,569 --> 01:15:12,888
I just can't wrap my head around it.
1042
01:15:12,889 --> 01:15:14,488
Come on.
1043
01:15:14,489 --> 01:15:17,598
How can making money
be sleazy or noble?
1044
01:15:17,599 --> 01:15:19,829
It's just making money!
1045
01:15:20,609 --> 01:15:23,279
You're seriously frustrating.
1046
01:15:43,059 --> 01:15:44,819
Director.
1047
01:15:47,089 --> 01:15:49,949
I can't go into the details...
1048
01:15:51,149 --> 01:15:55,678
but Gukbo can't win against Solquin.
1049
01:15:55,679 --> 01:16:01,638
Once Gukbo is sold, I'll be Solquin's
Seoul branch manager.
1050
01:16:01,639 --> 01:16:04,629
I can get you a job in finance.
1051
01:16:07,129 --> 01:16:10,599
I don't want dirty money, no thanks.
1052
01:16:13,459 --> 01:16:15,819
I figured you wouldn't bite.
1053
01:16:18,249 --> 01:16:19,818
What's with you?
1054
01:16:19,819 --> 01:16:23,279
I'm not doing this
for the sake of Seok.
1055
01:16:24,849 --> 01:16:26,549
Director.
1056
01:16:27,309 --> 01:16:30,279
No human can win against money.
1057
01:16:30,939 --> 01:16:34,429
But I think you might be different.
1058
01:16:47,589 --> 01:16:51,518
If that photo leaks, I'll be
the one under suspicion.
1059
01:16:51,519 --> 01:16:56,119
Approach the judge
privately, and persuade him.
1060
01:16:58,379 --> 01:16:59,388
This just came in.
1061
01:16:59,389 --> 01:17:04,768
At 2 AM following the pretrial hearing,
Gukbo's Chairman Seok was detained.
1062
01:17:04,769 --> 01:17:09,238
He's accused of securing a 20 billion
won loan through fraudulent accounting
1063
01:17:09,239 --> 01:17:12,328
and embezzling 15
billion won in slush funds.
1064
01:17:12,329 --> 01:17:17,049
Cheating or not,
it's best to win, right?
1065
01:17:17,929 --> 01:17:19,339
Pardon?
1066
01:17:21,029 --> 01:17:22,518
Director! Where are you going?
1067
01:17:22,519 --> 01:17:24,688
The big-shot lawyers are
arriving any minute now.
1068
01:17:24,689 --> 01:17:26,389
Sir!
1069
01:17:27,089 --> 01:17:29,308
Where'd you get this?
1070
01:17:29,309 --> 01:17:33,709
This is our smoking gun.
1071
01:17:34,439 --> 01:17:36,138
These motherfuckers are screwed.
1072
01:17:36,139 --> 01:17:40,468
I knew that judge was fishy
when he let the fax thing slide.
1073
01:17:40,469 --> 01:17:44,929
Should I throw this photo in
that bastard's face in court?
1074
01:17:47,169 --> 01:17:48,998
Chairman.
1075
01:17:48,999 --> 01:17:52,428
Doing so will endanger the source.
1076
01:17:52,429 --> 01:17:59,178
I promised them I wouldn't leak it
to the media or submit it in court.
1077
01:17:59,179 --> 01:18:06,408
They suggested blackmailing Judge
Koh directly to get the ruling we want.
1078
01:18:06,409 --> 01:18:11,708
Then what, you're gonna
threaten him yourself?
1079
01:18:11,709 --> 01:18:14,008
Who are you gonna send?
1080
01:18:14,009 --> 01:18:16,739
Even thugs don't mess
with judges nowadays.
1081
01:18:17,929 --> 01:18:21,129
How about sending a copy anonymously?
1082
01:18:31,389 --> 01:18:34,578
Pyo, I hear you. I'll
take care of it myself.
1083
01:18:34,579 --> 01:18:39,009
Chairman, I'll say it again.
1084
01:18:40,219 --> 01:18:43,458
Please don't leak or
use the photo in court.
1085
01:18:43,459 --> 01:18:45,208
Director Pyo!
1086
01:18:45,209 --> 01:18:47,308
Who gives a shit about the source?
1087
01:18:47,309 --> 01:18:51,138
With this kind of dirt, we need
to counterattack properly.
1088
01:18:51,139 --> 01:18:53,529
Leave it up to me!
1089
01:19:05,649 --> 01:19:08,148
The evidence I just submitted
1090
01:19:08,149 --> 01:19:13,128
is a photo of three individuals who seem
to be on good terms during a golf outing.
1091
01:19:13,129 --> 01:19:18,038
Mr. Choi In-beom of Solquin's Consulting Team,
Attorney Koo Young-mo of Law Firm Mumyeong,
1092
01:19:18,039 --> 01:19:25,629
and lastly, Judge Koh Joong-chun, the
very judge presiding over this case!
1093
01:19:39,989 --> 01:19:42,779
Order!
1094
01:19:44,049 --> 01:19:46,509
This court is now adjourned.
1095
01:19:48,379 --> 01:19:50,279
What's going on?
1096
01:20:27,899 --> 01:20:31,458
Don't you think you're gambling
too much with what you're doing?
1097
01:20:31,459 --> 01:20:33,928
Even after we got
Chairman Seok arrested,
1098
01:20:33,929 --> 01:20:37,708
it didn't change too much
with the creditors or the media.
1099
01:20:37,709 --> 01:20:41,498
That's why I need to blow
things up to get what we want.
1100
01:20:41,499 --> 01:20:44,828
Will that judge push
for the bankruptcy?
1101
01:20:44,829 --> 01:20:49,628
Judge Koh is a prime candidate to
be the next Supreme Court of Justice.
1102
01:20:49,629 --> 01:20:53,798
He was earlier humiliated
in his own court today.
1103
01:20:53,799 --> 01:20:56,368
That's like fucking with the judiciary.
1104
01:20:56,369 --> 01:20:59,398
And now, it's personal.
1105
01:20:59,399 --> 01:21:04,868
No matter the public opinion,
he will bankrupt Gukbo.
1106
01:21:04,869 --> 01:21:06,878
It's embarrassing.
1107
01:21:06,879 --> 01:21:10,038
But that's how Korean judiciary works.
1108
01:21:10,039 --> 01:21:14,149
Wow, you're really blowing
the shit up, aren't you?
1109
01:21:20,489 --> 01:21:25,439
In-beom, I'm sorry. I
couldn't stop the Chairman.
1110
01:21:30,809 --> 01:21:36,269
Regarding the key issues raised by Gukbo, this
court has reached the following conclusions.
1111
01:21:37,629 --> 01:21:45,528
First, Gukbo claims that Solquin obtained
confidential information under NDA
1112
01:21:45,529 --> 01:21:50,558
and shared it with the investment
division of Solquin Hong Kong.
1113
01:21:50,559 --> 01:21:53,819
However, evidence is
lacking to support this claim.
1114
01:21:55,549 --> 01:21:59,348
Second, Solquin was accused
of interfering with Gukbo's plans
1115
01:21:59,349 --> 01:22:06,938
to sell its overseas subsidiaries by
purchasing its foreign bonds in bulk.
1116
01:22:06,939 --> 01:22:13,929
However, the court found
no evidence of illegality.
1117
01:22:14,929 --> 01:22:19,528
Third, due to public
distrust stemming from
1118
01:22:19,529 --> 01:22:24,918
the chairman's embezzlement and failure to
repay debts despite being granted composition,
1119
01:22:24,919 --> 01:22:27,348
the court finds Gukbo's
rehabilitation unlikely.
1120
01:22:27,349 --> 01:22:29,549
What the hell are you saying?
1121
01:22:30,749 --> 01:22:32,178
- Order in the court!
- What are you doing?
1122
01:22:32,179 --> 01:22:35,538
- Calm down.
- Quiet, please.
1123
01:22:35,539 --> 01:22:48,029
Therefore, the Seoul District Court hereby
declares Gukbo bankrupt, effective immediately.
1124
01:22:57,689 --> 01:23:00,588
Why are you ignoring
the creditors' opinions?
1125
01:23:00,589 --> 01:23:04,709
59% of the creditors are
against this bankruptcy ruling!
1126
01:23:13,639 --> 01:23:15,858
- Really?
- Let's get into the car.
1127
01:23:15,859 --> 01:23:17,999
- You think so?
- Yeah.
1128
01:23:29,019 --> 01:23:30,588
Thank you for your hard work.
1129
01:23:30,589 --> 01:23:32,548
Thank you.
1130
01:23:32,549 --> 01:23:34,818
I'd love to interview you sometime.
1131
01:23:34,819 --> 01:23:36,849
Sure, sounds great.
1132
01:23:57,679 --> 01:24:00,679
If you feel like punching me, go ahead.
1133
01:24:01,859 --> 01:24:03,958
Why would I punch you?
1134
01:24:03,959 --> 01:24:07,819
If I were you, I'd throw a punch.
1135
01:24:09,249 --> 01:24:12,648
After getting outplayed all
this time, now I finally get you.
1136
01:24:12,649 --> 01:24:17,308
Took me a few hits to figure it out.
1137
01:24:17,309 --> 01:24:21,599
From the very beginning,
you've always been the same.
1138
01:24:22,439 --> 01:24:25,569
I was the one who foolishly...
1139
01:24:27,059 --> 01:24:30,298
misunderstood and assumed.
1140
01:24:30,299 --> 01:24:34,918
Director, a company is
just a place to make money.
1141
01:24:34,919 --> 01:24:41,019
Figure out what really
matters to you in life.
1142
01:24:41,649 --> 01:24:43,779
Something beyond the company.
1143
01:25:19,939 --> 01:25:22,899
May I have your attention, please?
1144
01:25:23,869 --> 01:25:29,048
First of all, I just want to say that we secured
Gukbo's management rights as the major creditor,
1145
01:25:29,049 --> 01:25:32,889
thanks to all of your fucking
hard work over the last five years!
1146
01:25:35,569 --> 01:25:38,178
I especially want to
say "thank you" to Mark,
1147
01:25:38,179 --> 01:25:43,028
who flew all the way from New York just
to put my fucking name on the bonus list.
1148
01:25:43,029 --> 01:25:45,508
- Thank you, Mark.
- You're welcome.
1149
01:25:45,509 --> 01:25:49,308
And to Julie and Linda,
from the Hong Kong office.
1150
01:25:49,309 --> 01:25:51,388
They've been riding my
ass on this deal for so long,
1151
01:25:51,389 --> 01:25:56,849
I prayed every fucking day that someone
would just erect that stupid Chinese wall.
1152
01:25:57,799 --> 01:26:01,628
Oh, and big thanks to Jiro from Japan,
1153
01:26:01,629 --> 01:26:05,359
who ate a lot of shit from Osaka Beer.
1154
01:26:06,559 --> 01:26:08,948
And last but not least,
1155
01:26:08,949 --> 01:26:14,998
I'd like to introduce a very important person
tonight, who made everything possible.
1156
01:26:14,999 --> 01:26:18,259
I endured that boring-ass
trial because of him.
1157
01:26:19,199 --> 01:26:23,849
Allow me to present to you,
ladies and gentlemen...
1158
01:26:26,949 --> 01:26:30,309
Mumyeong's Mr. Koo.
1159
01:26:40,669 --> 01:26:43,959
Oh... oh...
1160
01:26:48,449 --> 01:26:49,978
I'll keep it short.
1161
01:26:49,979 --> 01:26:54,898
Our most pathetic, high-maintenance
client, Solquin,
1162
01:26:54,899 --> 01:26:59,399
is going to sell Gukbo for
a fucking incredible price.
1163
01:27:02,069 --> 01:27:05,938
Until we get the best
return on our investment,
1164
01:27:05,939 --> 01:27:11,148
we, Mumyeong, will work our
asses off to make it happen.
1165
01:27:11,149 --> 01:27:16,128
I won't let my guard down
until that day arrives.
1166
01:27:16,129 --> 01:27:21,729
Your result is our result. Thank you.
1167
01:27:22,379 --> 01:27:24,129
Enjoy your night.
1168
01:27:35,339 --> 01:27:39,168
Come on, it's a fucking party.
1169
01:27:39,169 --> 01:27:41,139
Just enjoy it.
1170
01:27:59,019 --> 01:28:00,849
I heard it was you.
1171
01:28:02,919 --> 01:28:06,709
The one who handed over
the photo to attack me.
1172
01:28:08,539 --> 01:28:11,069
You dare come at me?
1173
01:28:18,329 --> 01:28:20,599
I hope you're prepared.
1174
01:28:48,739 --> 01:28:50,138
What is this?
1175
01:28:50,139 --> 01:28:54,699
Mr. Choi In-beom, you're under arrest
for embezzlement and intimidation.
1176
01:29:04,429 --> 01:29:07,319
Arrest Warrant
Let's not cause a scene.
1177
01:29:27,759 --> 01:29:30,608
Beom, I need to say this now.
1178
01:29:30,609 --> 01:29:34,679
Do you remember the contract you
signed before coming to Korea?
1179
01:29:35,299 --> 01:29:38,978
If disclosure of any
confidential trade secrets
1180
01:29:38,979 --> 01:29:42,598
acquired during one's employment
leads to lawsuits or damages,
1181
01:29:42,599 --> 01:29:47,618
the employee will be fined up
to ten times the damage amount.
1182
01:29:47,619 --> 01:29:51,759
Don't forget, Beom. You may
drown in debt until the day you die.
1183
01:29:54,059 --> 01:29:57,378
How could you have
gambled everything away?
1184
01:29:57,379 --> 01:30:01,468
I mean, why would you ruin
your life for the company?
1185
01:30:01,469 --> 01:30:06,869
You were the one who told me to
accept the risks if I want to win big.
1186
01:30:08,219 --> 01:30:11,598
But we're not the ones who locked you
up in here. It's that fucking judge.
1187
01:30:11,599 --> 01:30:16,149
He was desperate for that Supreme Court
Justice job, and you... You, right?
1188
01:30:16,979 --> 01:30:21,529
He gave us the verdict that we needed, we
gave him what he needed. Quid pro quo.
1189
01:30:22,259 --> 01:30:24,139
Koo took your shit in the middle.
1190
01:30:26,519 --> 01:30:29,619
Chill out here for a few
months. Then you'll walk.
1191
01:30:32,749 --> 01:30:36,919
Was this Koo's idea? Or yours?
1192
01:30:39,519 --> 01:30:42,478
This isn't a fight between us.
1193
01:30:42,479 --> 01:30:45,339
It's your country's
damn judicial system.
1194
01:30:46,609 --> 01:30:49,929
I hear your threat loud and clear.
1195
01:30:50,699 --> 01:30:52,898
Anything else?
1196
01:30:52,899 --> 01:30:57,958
I don't know if this is any consolation, but
the company will pay your bonus and salary.
1197
01:30:57,959 --> 01:30:59,809
You have my word.
1198
01:31:21,319 --> 01:31:23,178
Director Pyo.
1199
01:31:23,179 --> 01:31:26,179
How many bonds have we accumulated?
1200
01:31:29,509 --> 01:31:31,368
Around 230 billion won, sir.
1201
01:31:31,369 --> 01:31:32,838
230 billion...
1202
01:31:32,839 --> 01:31:37,998
Shit, I saw on the news that Solquin
raised Gukbo's price to three trillion.
1203
01:31:37,999 --> 01:31:40,928
They really are smart pricks.
1204
01:31:40,929 --> 01:31:44,258
The bond prices are going
up thanks to them, so...
1205
01:31:44,259 --> 01:31:48,219
That means I'll make
about 700 billion, right?
1206
01:31:49,119 --> 01:31:51,248
I still got it.
1207
01:31:51,249 --> 01:31:54,489
Even if I lost control, I
still wanted to make money.
1208
01:31:57,479 --> 01:31:58,928
Pyo, listen.
1209
01:31:58,929 --> 01:32:03,738
Sell the bonds at peak price and
invest it all in Hanbit Capital.
1210
01:32:03,739 --> 01:32:10,628
No, invest 400 billion in Hanbit, and
put the rest into Sangyong Electronics.
1211
01:32:10,629 --> 01:32:12,269
Got it?
1212
01:32:14,459 --> 01:32:16,529
Are you listening?
1213
01:32:18,889 --> 01:32:21,788
Do you know why you're sitting there?
1214
01:32:21,789 --> 01:32:23,888
What?
1215
01:32:23,889 --> 01:32:25,519
You don't know?
1216
01:32:26,319 --> 01:32:28,519
I think I do.
1217
01:32:29,179 --> 01:32:31,808
In the wild,
1218
01:32:31,809 --> 01:32:36,668
whether it's because you stepped on a thorn,
or because you got hit by a falling rock,
1219
01:32:36,669 --> 01:32:39,308
if you're a limping
pony, you're in trouble.
1220
01:32:39,309 --> 01:32:41,498
Everyone will go after that pony.
1221
01:32:41,499 --> 01:32:44,098
It's only natural that
the lion will eat it.
1222
01:32:44,099 --> 01:32:47,798
I think I'm ready to accept
that simple truth now.
1223
01:32:47,799 --> 01:32:51,889
I ought to thank the guy
who made me realize that.
1224
01:32:52,859 --> 01:32:55,489
What the hell are you talking about?
1225
01:32:56,219 --> 01:33:05,008
So even if you lost control, you
still wanted to stuff your pocket?
1226
01:33:05,009 --> 01:33:09,939
- You're laughing? You mother...
- Fuck you, you fucking bastard!
1227
01:33:16,729 --> 01:33:18,629
Buddy.
1228
01:33:20,269 --> 01:33:22,328
The shell company is in my name.
1229
01:33:22,329 --> 01:33:24,258
Why would I give you that money?
1230
01:33:24,259 --> 01:33:27,588
You fucking moron!
1231
01:33:27,589 --> 01:33:31,418
Think about the crap you've
pulled for the last 20 years.
1232
01:33:31,419 --> 01:33:34,478
You stupid bastard!
1233
01:33:34,479 --> 01:33:38,779
And your real mistake was thinking...
1234
01:33:39,679 --> 01:33:44,308
I'd stay loyal to you forever
even in a mess like this.
1235
01:33:44,309 --> 01:33:47,399
That's exactly why you lost!
1236
01:33:48,079 --> 01:33:50,439
You dumb bastard!
1237
01:33:55,999 --> 01:33:57,989
I'll put it to good use.
1238
01:33:58,949 --> 01:34:01,518
Take care, you son of a bitch.
1239
01:34:01,519 --> 01:34:03,548
Director Pyo! Pyo! Hey!
1240
01:34:03,549 --> 01:34:06,549
You... You idiot!
1241
01:34:07,479 --> 01:34:09,818
- Hey! You bastard!
- Motherfucker.
1242
01:34:09,819 --> 01:34:12,408
Get back here! I'm not
done talking to you!
1243
01:34:12,409 --> 01:34:15,609
Somebody stop him!
Let me tell you something!
1244
01:34:29,829 --> 01:34:31,958
Solquin, the representative
of Gukbo's creditor group,
1245
01:34:31,959 --> 01:34:35,388
has begun selling off Gukbo's
non-core subsidiaries.
1246
01:34:35,389 --> 01:34:41,818
Gukbo Group has laid off 50% of its employees
and entered a phase of aggressive restructuring.
1247
01:34:41,819 --> 01:34:46,208
With more than ten companies
bidding for Gukbo,
1248
01:34:46,209 --> 01:34:49,609
the bidding price is expected
to exceed three trillion won.
1249
01:34:52,069 --> 01:34:53,788
Hey hold on, hold on.
1250
01:34:53,789 --> 01:34:57,818
We just sold Gukbo for
an unbelievable price.
1251
01:34:57,819 --> 01:35:00,498
The fuck? What is it?
Come on, spit it out.
1252
01:35:00,499 --> 01:35:03,618
Sold for 3.4 billion dollars.
1253
01:35:03,619 --> 01:35:06,379
- 3.4 fucking billion dollars?
- Yes.
1254
01:35:07,099 --> 01:35:10,498
Fuck me, motherfucker! Yes!
1255
01:35:10,499 --> 01:35:13,168
Mark, 3.4 fucking billion dollars.
1256
01:35:13,169 --> 01:35:16,419
You better lick them lips
and get ready to suck my dick.
1257
01:35:18,279 --> 01:35:21,569
3.4 fucking billion dollars.
1258
01:35:22,449 --> 01:35:24,408
Alright.
1259
01:35:24,409 --> 01:35:26,398
Don't call me until tomorrow, okay?
1260
01:35:26,399 --> 01:35:30,749
I'm gonna fly to Hong Kong and
fuck the brains out of Julia. Yeah?
1261
01:35:35,399 --> 01:35:36,899
Oh.
1262
01:35:38,159 --> 01:35:40,398
Don't forget about In-beom's
bonus, alright?
1263
01:35:40,399 --> 01:35:44,128
You owe him that much. It was
you who gave him up to the judge.
1264
01:35:44,129 --> 01:35:46,259
You're a bad motherfucker.
1265
01:36:27,469 --> 01:36:31,429
Two years later
1266
01:36:32,839 --> 01:36:34,668
Noble Spirit
1267
01:36:34,669 --> 01:36:36,598
Weren't we going to
switch our rice supplier?
1268
01:36:36,599 --> 01:36:39,968
- Why did we get Hwang's rice again?
- Come on.
1269
01:36:39,969 --> 01:36:44,729
I'm telling you, this
place's rice is good.
1270
01:36:45,429 --> 01:36:47,758
I think it's the ratio,
not the rice itself.
1271
01:36:47,759 --> 01:36:51,088
Be honest, this
rice is better, isn't it?
1272
01:36:51,089 --> 01:36:53,148
Well...
1273
01:36:53,149 --> 01:36:55,748
- sometimes it is.
- Yeah?
1274
01:36:55,749 --> 01:36:57,548
And other times, not so much.
1275
01:36:57,549 --> 01:37:01,208
Don't look at him,
give it to me straight!
1276
01:37:01,209 --> 01:37:03,409
Look, boss!
1277
01:37:06,599 --> 01:37:08,239
Hey!
1278
01:37:19,959 --> 01:37:24,548
It's kinda silky... and more
natural, you could say?
1279
01:37:24,549 --> 01:37:26,718
Damn, he said it's silky!
1280
01:37:26,719 --> 01:37:29,649
That's so classy.
1281
01:37:30,479 --> 01:37:31,678
But what does that mean?
1282
01:37:31,679 --> 01:37:35,639
Like those old commercials,
"Smooth as Silk."
1283
01:37:37,369 --> 01:37:39,269
Get what I mean?
1284
01:37:42,899 --> 01:37:44,629
Are you doing well?
1285
01:37:45,829 --> 01:37:49,128
It's nice making everything together.
1286
01:37:49,129 --> 01:37:51,858
The real problem is we drink too much.
1287
01:37:51,859 --> 01:37:53,759
All the time.
1288
01:37:56,089 --> 01:37:58,688
You look good.
1289
01:37:58,689 --> 01:38:00,668
Yeah.
1290
01:38:00,669 --> 01:38:02,048
I'm good.
1291
01:38:02,049 --> 01:38:04,198
You should come stay here.
1292
01:38:04,199 --> 01:38:06,078
I'm going to Hong Kong.
1293
01:38:06,079 --> 01:38:08,108
Landed a job?
1294
01:38:08,109 --> 01:38:10,208
Not exactly.
1295
01:38:10,209 --> 01:38:15,338
A friend there got proof that
Solquin broke the Chinese Wall.
1296
01:38:15,339 --> 01:38:20,138
Gordon fired him, so he
took all the files to get revenge.
1297
01:38:20,139 --> 01:38:22,328
So now you're teaming up for revenge?
1298
01:38:22,329 --> 01:38:24,358
Director.
1299
01:38:24,359 --> 01:38:26,618
- I gave it some thought.
- Yeah?
1300
01:38:26,619 --> 01:38:29,888
There's no such thing as
"advanced financial engineering."
1301
01:38:29,889 --> 01:38:32,689
Cheating to make money is fraud.
1302
01:38:35,649 --> 01:38:37,279
In-beom.
1303
01:38:38,909 --> 01:38:43,478
Just live for yourself.
1304
01:38:43,479 --> 01:38:47,739
You've... really changed.
1305
01:38:49,599 --> 01:38:51,098
Sure.
1306
01:38:51,099 --> 01:38:54,598
You had a little
something to do with that.
1307
01:38:54,599 --> 01:38:56,508
Yeah?
1308
01:38:56,509 --> 01:38:59,528
You had something to
do with my change too.
1309
01:38:59,529 --> 01:39:00,968
Is that so?
1310
01:39:00,969 --> 01:39:04,048
How are we never in sync until the end?
1311
01:39:04,049 --> 01:39:06,089
Maybe that's our sync.
1312
01:39:12,309 --> 01:39:14,008
I'm off, Director!
1313
01:39:14,009 --> 01:39:15,939
Jeez.
1314
01:39:19,109 --> 01:39:21,069
Stay healthy.
1315
01:39:21,699 --> 01:39:23,268
Hope you hit it big.
1316
01:39:23,269 --> 01:39:24,758
Thanks.
1317
01:39:24,759 --> 01:39:26,229
In-beom.
1318
01:39:29,339 --> 01:39:32,929
Life's not that complicated, right?
1319
01:39:34,149 --> 01:39:36,058
So how should I say this...
1320
01:39:36,059 --> 01:39:37,648
Smooth?
1321
01:39:37,649 --> 01:39:43,568
Yeah, live a smooth life and...
1322
01:39:43,569 --> 01:39:45,009
Fresh?
1323
01:39:46,979 --> 01:39:50,069
Yes, fresh!
1324
01:39:51,549 --> 01:39:54,149
Let's live like that.
1325
01:39:54,769 --> 01:39:56,439
See you.
1326
01:40:20,689 --> 01:40:23,698
The soju company that inspired
this film went bankrupt in 2003.
1327
01:40:23,699 --> 01:40:27,708
Fierce bidding pushed the 1.8 trillion
won valuation up to 3.4 trillion.
1328
01:40:27,709 --> 01:40:31,178
Foreign investors with the largest share
reportedly made over 1 trillion in profit.
1329
01:40:31,179 --> 01:40:36,408
The Korean economy paid a heavy price to
experience advanced investment methods.
1330
01:40:36,409 --> 01:40:39,549
Yet, 20 years later, the story repeats.