Original subtitles

(All characters, organizations, places, and events are fictional.)

(Episode 4)

Therefore, people are starting to question...

- why the BIS capital ratio... - Turn it off.

- of Jungin Bank... - Pardon?

- was lowered... - I said turn it off.

- to six percent. - Okay, sir.

(Heo Jae, Chairman of FSC)

(Jungin Bank)

When is the bank president planning to arrive?

- Please tell us. - We don't know.

(Kang Won Hee, President of Jungin Bank)

Over there!

- He's here! - That's him!

- What's going on? - Sir.

- Reverse the car. - Pardon?

Reverse the car!

The government owns 51 percent of Jungin Bank's shares.

Suspicions are rising regarding the manipulation of the BIS ratio...

amid the government's decision to dispose of Jungin Bank.

If the manipulation turns out to be true,

the government will have to explain...

the reason and purpose...

behind such actions.

(Ministry of Economy and Finance, International Finance Bureau)

I was busy all morning.

What a bombshell.

Everyone, you all know that the situation isn't very good.

So don't go too far away to eat lunch.

Let's all make sure not to cause trouble.

- Yes, sir. - Yes, sir.

(Chae Yi Hun, Level-4 MOEF International Finance Bureau)

Once Bahama's investment in Sumar's government bond expired,

they collected 100 million dollars. as repayment...

which was a fund given to the government...

by UNICEF to treat cholera.

And because of that, around 200,000 children in Sumar...

are now at risk of losing their lives.

Come see me at the usual place.

Hey.

You had time to come all the way to Sejong City?

I barely made time to come.

I see.

I saw the news regarding Jungin Bank this morning.

- Great job. - Here.

What's this?

It's the money my mom borrowed. You eventually lent money to her.

I'll pay you back, all right?

You'll never be able to pay me back.

So you won't lend me the money?

Ma Ri.

Your parents fed me and gave me a place to stay.

I think of them as family.

Don't you agree?

I knew you'd be like this, so I brought this myself.

I went to a foreign language school when you went to a vocational one.

When you were busy at the district tax office,

I was going to a university in Seoul.

I can't take this.

I'm doing this to save my consciousness and face.

You didn't eat breakfast, did you?

How about a sandwich?

You add syrup in your latte, right?

(Republic of Korea, Blue House)

You crazy punk. Do you think this is your home?

You can't just barge in here like this.

Let me meet the president.

You must be nuts.

Do you think he's your neighbor or something?

You can't meet him whenever you want to.

I know he had an urgent meeting this morning.

Tell him the chairman of FSC will explain to him directly.

You must be out of your mind.

I can wait here all day.

I'll wait until he meets me.

Five minutes will do.

Sung Jin.

You're driving me crazy.

The deputy prime minister seems pretty interested...

in proceeding the currency swap with the British pound.

Oh, really?

And what else?

He suggested that you should give him a direct briefing.

But he'll be busy for a while due to what happened this morning.

Okay, I understand.

She's pretty good for someone from a lousy university.

(Expected Effect of Currency Swap with the United Kingdom)

(Currency swap: A currency exchange between foreign parties)

That's right. Yes.

(Outline of Currency Swap and the Current Countries Involved)

Great.

(Jungin Bank's BIS Capital Ratio Trend Analysis)

What?

(Jungin Bank BIS Capital Ratio...)

(Jungin Bank BIS Capital Ratio Trend Analysis)

(BIS Capital Ratio)

(The international standard index to judge the stability of a bank)

(Jungin Bank)

(October 18, Jungin Bank BIS Capital Ratio Trend Analysis)

This is the day when...

Good job then.

Like I instructed, send it to the deputy prime minister's office.

Right now.

Make sure you send it in my name. Use my account.

Remember that day...

when you let Hye Joon into my office to take care of something?

- Yes, sir. - You didn't go inside with her?

No, I stayed here.

Didn't you notice anything unusual?

Did she print something?

It did sound like she was printing something.

(Senior Superintendent Park Woo Seok)

Sir!

Have you eaten yet? I'm heading to the cafeteria.

Sure.

Is something wrong?

No. Let's go.

Right.

Has Ms. Lee been adapting well?

Yes, sir. She's fitting in fine.

I see.

Is there a meat dish?

- Hello? - Did you call?

- Hold on a second. - Sir?

Should I fill yours?

I know. It's been a while. How are things?

You see, I had an urgent favor to ask.

What?

No, of course not.

It's nothing big. Actually, it's quite simple.

Come in.

Proceed as is.

Mr. Park, I'm grateful.

Don't mention it.

Isn't she the reporter?

Yes.

Is it?

It is.

Look, the President called it a day. You should go too.

He'll be back at work tomorrow, right?

Seriously?

Yes?

Sorry?

Meeting with the FSC chairman is not on my official calendar.

- Yes, Mr. President. - In other words,

I'm only on my way home.

I heard you waited all day.

Professor Chae Byung Hak,

who I admired,

claimed that our economy had fallen behind...

due to the federalization of the economy.

I'm aware.

The sale of Jungin Bank...

should be our attempt to break free from such a claim.

Domestically or internationally, Jungin must be sold...

to a solid and stable institution.

That's enough. Mr. President...

I don't think that's the true issue we're facing.

The BIS capital ratio...

wasn't fabricated.

How do you explain the document that proves otherwise?

Jungin Bank conducted a more thorough analysis of its risks...

for the purpose of a sale.

The recently exposed document was from before.

It wasn't accurate.

I'll hand in a detailed report...

through the Chief Economic Officer.

This incident...

was caused by domestic institutions...

and anti forces against the government...

who wanted us to withdraw our plan...

in finding international bidders for Jungin Bank.

- I'm not sure of that. - The sale of Jungin Bank...

had options that were viewed as preferential treatment.

Some financial institutions have been actively lobbying...

government personnel.

Unfortunately,

another tip was reported regarding this sale.

If the government limited bidders for Jungin Bank...

to just domestic institutions,

it will be criticized as federalism.

And our economy...

will bet set back 20 years.

I ask for your trust,

Mr. President.

Back when I was a secretary,

I went to New York negotiating for our nation during the IMF crisis.

A country with an economy that has fallen behind...

gets eaten alive by one that thrives.

I learned that...

in the most painful way possible.

If...

Professor Chae Byung Hak...

were alive...

If he were alive,

he...

would've supported me.

I can't believe you reported false facts to the President.

- What do you mean? - Jungin Bank's BIS capital ratio.

I never reported anything false.

I'll have Kang Won...

write up a report regarding Jungin's BIS capital ratio...

that'll be perfectly acceptable and reasonable,

so relay it to the President.

Thanks. I owe you one.

Take care.

Darn him.

Sir, we're here.

Right.

Director Na, is that you?

I have something to tell you, sir.

- Let's head inside. - We can talk out here...

- You can call it a night. - And tomorrow morning?

Pick me up earlier than usual. I have things to finish off.

Yes, sir.

I'm sorry, sir.

Did you also...

receive a bribe from someone...

- like Kook Kyung Min? - No, sir. I would never!

Then how was the document taken from your computer?

As I told you earlier,

I didn't know she took it.

Exactly. Why?

She must have had a reason...

for leaking it.

I think it was for money.

Money?

Are you sure?

We have her on camera.

Follow protocol and take legal action.

Report to me afterward.

Yes, sir!

Saying that the BIS capital ratio dropped to six percent,

failing to meet the eight percent international minimum standard,

is a sign to the market. It is dangerous.

Moreover, to say this 6.12 value was manipulated...

by someone...

and that the person did it with an agenda...

is extremely dangerous.

It may have a major ripple effect in our domestic market.

If needed, prosecutors should get involved.

The National Assembly may appoint a special prosecutor.

When you consider all that,

the fact that someone manipulated the ratio...

Wait. Hold on.

Get in.

What is it?

We're police.

Exactly. Why are the police taking her?

He's a level-four civil servant in our bureau.

I see.

Listen, sir.

She's suspected of leaking classified information,

as well as destruction of evidence, so we're arresting her.

Get in.

Get in.

Where are you taking her? No, which precinct?

- Why you... - Just a minute.

Chief. Don't worry.

I'll take care of it.

- Ms. Lee. - I'll be back soon.

Let's go.

After I graduated from high school, I worked for about four years...

at a district tax office.

I was transferred once during the four years,

but it was all the same.

You're eating again? We just ate.

I hardly ate.

I just...

felt uncomfortable.

I'm trying very hard to adjust...

to the food...

and to the people, but...

it's exhausting at times.

Still, to eat gimbap now...

I have the right not to eat food...

I don't want to eat with people I don't want to eat with.

I'm used to this. It's more comfortable.

Chief Jo.

Did you see Director Na?

Well... Let's step outside for a minute.

I guess Ms. Lee...

really did print something...

from Director Na's computer.

So? How is that sufficient for an immediate arrest?

Well...

They say she sold it to a reporter.

You know the reporter who broke the news yesterday.

They caught her receiving money from her...

on a security camera.

A security camera?

Money is always the problem.

She went through so much already.

Director Na says...

when it comes to level-fives and up that we hire at MOEF,

we should consider their family backgrounds.

True.

We're surrounded by temptations.

Don't you know Ms. Lee?

Exactly.

I know she'd never do that,

but darn it.

I don't know.

Have you eaten?

- Take a seat here. - Okay.

I'll call you later.

Where? Okay.

Hello, sir.

Take a seat.

(September 2019 BIS Capital Ratio)

If by chance,

a problem arises, this is what we do.

You have no idea...

how this got leaked. You know nothing about it.

Because there's a lot of talk lately about Jungin's BIS matter.

There has been a lot of talk lately...

about Jungin's BIS matter internally within MOEF.

So when I saw that document in the director's computer,

I happened to glance at it.

You could've looked at it on the monitor.

Did you have to print it?

I wanted to understand everything thoroughly.

I was overly ambitious.

You prepared thoroughly,

didn't you?

Okay, so we are comparing 2017, 18...

This is 1.15.

- This. - Okay.

- This is the correct number. - Yes.

- You're sure. - Yes.

Is this correct?

Responding to the credit card receivable bad loan ratio...

of 1.28 percent...

Positive valuation 0.24.

(Eugene Han, Branch Manager of Bahama New York)

This line is the estimation...

of warrant holders of Jungin Bank.

Tomorrow, this branch will proceed to close.

Please reconsider...

the issue of closing this branch.

(Shannon Lucio Regional Manager of Bahama Korea)

And this is the exact report as the one handed to the president?

- Yes. - Good.

It's too noisy, isn't it?

From now on,

this kind of demand won't be...

acceptable.

Inspecting the president's report...

in advance...

is no longer acceptable.

This is just a way of establishing trust.

Shannon, what you're doing here is...

surveillance.

You know what? You're right.

Oh, stop.

That won't be necessary. Smoke detection.

This should do.

A new recruit leaked internal information for money?

Yes, sir.

This is so absurd.

By the way,

did you share this with the reporters?

No, the police are still investigating the case.

I'm sure the people are curious, so why hide it?

The facts haven't been confirmed.

A new recruit...

became oblivious of the responsibility she bears...

and leaked internal information for money.

That is the fact.

But that hasn't been confirmed yet.

It's impossible to confirm everything.

Okay, sir. I understand.

Just a moment.

It's because she's old. You tend to worry a lot with age.

I'm talking about Shannon.

I didn't hear a thing.

I'll call you back.

I have a rough grasp of what's going on.

So now, it's time to start our business.

Yes, let's do that.

I'll call you.

I'll leave you to continue.

Yes.

You told me she got caught on CCTV, right?

We have breaking news.

The person who leaked the report regarding Jungin Bank's BIS ratio...

turned out to be a level-five civil servant.

Lee is currently being investigated by the police...

- for having sold the document... - My gosh, it's freezing.

- to the press. - You're back.

The Ministry of Economy and Finance is shocked about what happened,

- and after an urgent meeting, - It's so cold.

they're keeping an eye on the situation.

If the police investigation proves that the suspicions are true,

the civil servant will end up getting heavily sanctioned.

- There have been many suspicions... - That looks like...

- regarding government lobbying. - Ma Ri and Hye Joon.

- But this is the first time... - It's them, right?

it actually got caught on camera.

This reporter, Kim Ma Ri, is my cousin.

And my aunt...

I'm talking about Ma Ri's mother.

Ma Ri is paying back...

the money I lent to my aunt.

You can ask her and check.

I'll hand in the check I received as evidence.

She could've wired the money online.

It's weird that she brought cash.

Maybe she didn't want to leave any traces of bribery...

I'm pretty sure it was because she knew that I wouldn't tell her...

my bank account number.

Then how are you going to explain the document that Ms. Kim received?

That's what the police should investigate and find out.

You need to check the facts before releasing an article.

I can't believe you did this just because you were at a disadvantage.

We released that article after getting a tip-off.

We didn't buy that information!

We're going to file a complaint against you to the PAC...

for having slandered our reporter.

I got a call from the police. I'll see you when I get back.

I'm sorry you have to go through this.

But it's weird that they're trying to switch focus.

They're making an issue regarding the leak...

rather than the BIS manipulation.

Let's see how things turn out.

Okay.

(Macroeconomics Team 1)

(Chae Yi Hun)

Hey, Yi Hun.

You should've done a follow-up.

You need to have a specialist analyze the situation.

If we don't do anything, we'll end up in a mess.

We need to push ahead until the truth gets disclosed.

Hello.

Come this way.

- Have a seat. - Okay.

What's going to happen...

to Hye Joon?

She'll be fine.

Well...

She won't get fired, will she?

No, that won't happen.

I see. From the day we first met,

I felt like I could trust you.

You seemed very trustworthy to me.

You can trust me.

Hye Joon went through so much.

She barely managed to come this far.

After her dad's factory went bankrupt during the IMF crisis,

her dad...

But she still stood strong and continued to do her best...

regardless of what happened.

I'm... I'm very proud of her.

I see.

My goodness!

Do you have any idea...

what kind of jerk took the document from Hye Joon's desk?

No, I don't.

If you ever happen to find out,

please let me know.

I still don't use knives to cut chicken.

I do everything with my hands.

Right.

I hope you guys will...

take good care of her.

Of course.

Please.

Don't worry.

She did nothing wrong, and I won't...

We won't let anything happen to her.

Okay, sir. Please...

Please help her get through this.

Okay.

I was cleared.

I told you not to worry.

I brought my car.

I'll drive you home.

Let me confirm this once again.

You did nothing wrong...

regarding this incident.

Right.

You were worried about...

not being as competent as the so-called ivy leaguers,

and this was just a freak accident...

that happened when all you wanted was to prove yourself.

I know.

Let's grab a bite to eat.

- Right now? - I'll join you.

- It's all right. - Could you please not decline?

It's a restaurant run by...

the brother of a close friend at the FSC.

He worked at the Ministry of Land, Infrastructure and Transport.

But 10 years after being there,

he handed in his resignation and went to France.

He studied cooking for about four years...

and started to paint.

Then he came back to Korea.

Now, this place is always fully booked.

However, I'm the cook today.

He's inspirational.

That he is.

It's tofu.

I bet it was exhausting.

No, it wasn't that bad.

I believe you to be a courageous person,

but it wasn't as easy for me.

Do you know why?

It's because I could've ruined your whole life...

when you studied hard to finally get here.

Within the organization,

people say I achieved the impossible.

I'm sure you know that.

I do.

I hate that statement about me.

Because I'm a woman...

who...

graduated from a small city university...

who was too poor to build an impressive resume.

I can only accept the former statement...

if I acknowledge that the latter is true.

Frankly speaking,

you did achieve...

what most would find impossible.

Is that so?

I wonder why I bothered to study so hard.

After graduating from a vocational high school...

and working other jobs,

I was frequently discriminated against.

Well,

I don't know since when,

but I found myself...

viewing the discrimination...

as something natural...

and had grown accustomed to it.

I thought it'd be different in the MOEF.

But it wasn't.

Discrimination.

I guess you can say...

that I wanted to be different.

Whether it be my sense of justice...

or my political ideals,

I didn't want to be insignificant.

You're not insignificant.

You're not.

You're not insignificant.

I'm actually proud of you.

And thank you.

It's why I wanted to offer my junior I'm proud of...

a warm...

and hearty meal.

- Dig in. - Sure.

You can eat comfortably.

I'll be back there washing dishes.

- Hello. - Morning.

Hello.

Hi.

- Hi. - Hello.

Hello, guys.

She's in the conference room.

The Central Disciplinary Committee?

The police cleared her of all charges,

so why on earth is a disciplinary committee being assembled?

Despite what the reason was,

the fact here is that she stole a document from my office.

Not reprimanding her would be too lax.

Okay.

The disciplinary committee must send a message.

I understand.

Hi, Sang Min.

Hey. Who did you go to my brother's restaurant with last night?

Thanks. I'll thank you properly later on.

- Sang Min. - Yes?

You said...

you have a friend in the Ministry of Personnel Management, right?

Yes.

I need you to find out something for me.

What?

That person who just went into Director Na's office...

is from MPM, right?

Is Chief Jo after Director Na? Is that the order?

- Order? - All of us are suspects.

They said someone stole it.

Am I after Chief Jo?

I feel weird. I'm getting goosebumps.

What for? You didn't do anything wrong.

Anyway, Ms. Lee...

She's young, but she's tough. She has guts of steel.

I was shocked.

She didn't bat an eye...

after ruining the mood in the office.

What's with him?

(Messages)

Can we chat?

(Chairman Heo Jae: Can we chat?)

Yes, sir.

People from Sejong are coming,

so let's meet at 9pm tonight at Namsan Hotel.

I came way too early.

I rented out the entire place tonight.

My mom sings better.

In 2008,

during the global financial crisis, I was at an investment bank.

I was a junior analyst.

I went to a pool party,

and it came to me.

If we turn pool parties into a product, it would be huge.

I made a ton of money from derivatives back then.

Don't you want to know whey I wanted to meet here?

You want to do something big like that in Korea too.

There's something I want to know.

I heard you were the one who chose me.

I was shocked to hear that you asked the chairman...

to send me.

Why me?

I'm kind of dangerous.

Eugene Han?

Eugene Han from Bahama?

Eugene Han?

Eugene Han from Bahama?

Those countless lights...

are the one percent...

and the 99 percent striving to be part of that one percent.

Is it money?

Is that what segregates the 1 percent from the 99 percent?

There are two types of people in the world.

Those who rule...

and those who are ruled.

You dream big.

Then have I been chosen to be your instrument...

for achieving your dream?

You just keep doing what you've been doing.

My parents are Korean.

But I'm sure you already know that.

Just keep doing what I've been doing?

I'll give you what you want.

After all, I want Korea to prosper.

I'm relieved to hear that.

It was you, wasn't it?

You stole the document that was printed from Joon Pyo's computer.

No, sir.

Really?

It wasn't me.

You'll have to take responsibility for what you did.

How will you do that?

What do you mean?

Should I ask Lee Hye Joon to take responsibility instead?

Lee Hye Joon is young and smart.

You shouldn't let...

your mediocre sense of justice ruin her life.

I don't understand.

You obviously came here...

to stop her from being disciplined.

Am I wrong?

I don't know...

what your big picture is.

But it won't go as planned.

Is that so?

Did you lie to the president about Jungin Bank's BIS capital ratio...

because of Bahama?

I never did such a thing.

I thought about...

what I might've missed.

Miss what?

So you're telling me that Mr. Chae reassured you...

and told you not to worry?

Yes, that's what I'm telling you.

I don't trust Soo Ho either.

- But this came from Hye Joon. - Yes, don't worry.

"Hye Joon"?

- She works at MOEF. - I'm busy right now.

She's very accurate about this kind of stuff.

Let's begin.

(Investment Briefing on How to Get Rich)

I will now begin the investment briefing...

on how to get rich.

How to make 10 million dollars with just 100,000 dollars.

Once we have information, we can all become rich.

I guarantee you'll at least make 10 times your investment.

Next slide. As long as we have accurate information,

we can make a high profit without having to risk anything.

I can give you internal information faster than anyone you know.

Believe me on this.

The benefits of unlisted stocks.

You can make huge profits.

There will be zero competition.

You can make an initial investment...

without having to pay for the transaction fee or tax.

Mom-and-pop investors can't invest in this kind of stuff.

But that won't be the case for us.

Why? Like I told you earlier,

it's because we'll have access to internal information.

- That will be all. - Wait.

You're making it hard to understand. Why don't you make it simple for us?

You want me to make it simple? Okay.

KOSDAQ...

has a list of unlisted stocks.

We're going to find the most profitable one and buy it.

Once that becomes a listed company,

we'll earn 10 times the investment.

And that's just the minimum amount.

That's the gist of the presentation.

So you're telling us that your niece working in MOEF...

will be giving us that information, right?

Well, I'll have to figure that out on my own.

But think about it. This is 10 times your investment.

10 times, people.

He promised that he'll get to his senses.

He also said he'll get a side job as a designated driver.

We'll just have to hang in there as we pay off our debt.

I'm relieved.

I'm sure the disciplinary committee will let you off the hook tomorrow.

Mr. Chae Yi Hun apparently told your uncle...

- that you'll be fine. - Mom.

What does he know?

Plus, he has no power.

But I heard he's high in rank.

If you think about it, he's the one who put Hye Joon in this mess.

Why?

I mean...

He's the guy who gave the document to my boss.

I had no idea that he got it from Hye Joon.

Then he should be the one taking responsibility.

Aunt.

Go to bed, you guys.

I'm not saying Mr. Chae is bad.

He's a great guy.

But he's rich.

Nothing will change even if he gets disciplined.

But you're different.

You might end up taking the blame for everything.

I already gave it a lot of thought.

- And I chose to do this. - Sure, you did.

Tell the disciplinary committee...

that he took the document and you know nothing about it.

Then you'll be fine.

- Hye Joon. - Mom.

Turn off the lights. Let's go to bed.

- Good night. - Good night.

Cover yourself with a blanket.

You'll catch a cold, you brat.

(Government Complex, Seoul)

The disciplinary committee will begin reviewing the case.

Is Ms. Lee Hye Joon from MOEF present?

Yes.

Please tell us your department and rank.

I'm Lee Hye Joon, a level-five civil servant...

at the International Finance Bureau of MOEF.

We will now discuss how the suspect will be disciplined.

My gosh, what is this?

Yi Hun, the disciplinary committee is just for formality.

The government is having trouble dealing with the leak...

of Jungin Bank's BIS capital ratio, so they're just using Lee Hye Joon.

Let's go already.

Whatever the case, Lee Hye Joon is going to get fired from MOEF.

Na Joon Pyo's statement played a huge part in the decision.

I remember very clearly.

On October 18, I asked her to check...

a specific document on my computer...

and told her to send it to the deputy prime minister's secretary.

And I specifically told her not to open the document...

regarding Jungin Bank.

But Lee Hye Joon took that document.

She either received money from the press...

or was guaranteed something in return.

I personally think she was bribed by someone who wanted to stop...

the government from selling Jungin Bank.

Did you print the BIS captial ratio document...

from Director Na's computer...

because you were against the government's idea...

to sell Jungin Bank?

No, that wasn't why. It was purely out of curiosity, sir.

The domestic banks that wanted to buy the bank...

had to minimize the number of competitors.

Are you sure you weren't bribed by any of those banks?

That never happened, sir.

Then why did you give the document to the press...

I clearly told you that someone took the document from my desk.

I will now announce the disciplinary committee's final decision.

From the Ministry of Economy and Finance,

Ms. Lee Hye Joon is to be...

And who may you be?

I am a level-four employee of MOEF's International Finance Bureau.

What is this about?

I'm here to identify the person...

who took Jungin Bank's BIS capital ratio report...

from Director Na's computer.

(Central Disciplinary Committee Chair)

(Money Game)

You are under immediate arrest.

Are you afraid to know the truth?

We are in desperate need of an investment.

Shannon Lucio. Nice to meet you.

If a government has no power, it can borrow someone else's sword.

But what if that sword is too dangerous?

- Mr. Heo! - That punk?

One must pay for one's wrongdoing, right?

Shouldn't you at least feel a little guilty?

You lost and you only have yourself to blame.

It's not over yet.