Original subtitles

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

(Episode 16)

(Government Complex-Seoul)

Hey, Tina.

What?

What are you talking about?

Evidence was found to prove the relationship...

between you and Jo Hee Bong.

An urgent arrest warrant was just released,

so hurry up and get out of there.

What's the evidence?

Hey, I'll talk to you later.

You are being considered as a leading presidential candidate.

What are your thoughts on that?

If I'm given the opportunity,

I will take it.

- Let him through. - Hold on!

What's this?

You're under arrest for murder.

- Murder? - What?

- What? - What's going on?

And who did I murder?

Professor Chae Byung Hak.

- What? - Follow me, please.

Sir.

- Sir? - Mr. Heo?

- Sir... - What's going on?

Is this true?

Is it really true?

- Please tell us what you think. - Did you really kill him?

- Sir. - Sir.

Sir!

So this is how things ended up.

You had DPM Heo arrested to settle a personal grudge.

A man that is needed by your nation's economy.

(Chae Yi Hun, Director General, MOEF International Finance Bureau)

I thought about it dozens of times a day.

How I'm going to kill you, I mean.

During the day? During the night? What about the location?

I fear nothing, so it being broad daylight wouldn't matter.

The location wouldn't matter either.

I've even run detailed simulations in my head.

Just like that, I killed you dozens of times...

in my mind.

- However... - Yes?

I hoped to deal with you first,

but the road to punishing Mr. Heo beat me to it.

It wasn't even me who reported him.

Unfortunately,

your plans have started to go wrong.

Right. That's when I realized this.

Fate...

has never been on your side.

This world is full of people who want you dead,

and fate hasn't even favored you.

In the end,

that fate of yours will lead to your demise.

I felt bad for you.

What nonsense are you spewing?

The shock and suffering I received could be greater...

than what you ever wanted to inflict on me.

However, I will pick myself up again...

since I know it's how I can win against you.

You should look back on yourself and your life too.

See how miserable of a man you are.

I'm not miserable.

I said I'm not miserable!

I truly hope...

you get to see your true self.

Then you'll finally know...

how pathetic and humiliating your life is.

And that ground you're currently standing on?

You'll see...

that it's a world of torment.

Mr. Heo, please say a few words.

What was the motive for murder?

A few words, please.

Mr. Heo, I am the lead prosecutor on your case.

I should've gone in myself, but the press had the place surrounded.

- I stuck by the book though. - Whatever.

How did you know though?

Does Chae Yi Hun know too?

Yes, he does.

Since when?

Move out.

DPM and Minister of Economy and Finance Heo Jae...

was arrested for the murder of Professor Chae Byung Hak.

It was a revelation that no one saw coming.

Wasn't DPM Heo scheduled to deliver a press conference?

Yes, he was to announce his Washington Project...

which included his solution and future for our economy.

With his approval ratings being on the rise,

he was also set to address his potential presidential candidacy.

This doesn't make any sense.

Why would Mr. Heo kill Professor Chae?

The prosecution isn't bluffing considering how the arrest was made.

There must be definitive evidence.

Director Chae must be stunned.

DPM Heo has been the one who trusted Director Chae fully.

Now they're saying he killed his father?

This can't be true.

As if you know anything.

- Sir? - You know nothing.

Well, nothing's been proven yet.

But that's what they're practically saying.

(Lee Hye Joon)

(Lee Hye Joon)

Is there a motive for murder that you can think of?

I don't know.

How did that video come into your possession though?

We can't reveal facts about an ongoing investigation.

There's something that comes to mind.

Could...

I'm right, aren't I?

Why didn't you report this?

I was scared.

It's just outrageous.

That was my initial thought.

But then time passed...

and I started to wonder about the possibility...

of this being a source of money.

How...

How could you?

I'm sorry.

I'm truly sorry.

I'm sorry.

Refusing to cooperate won't help your cause.

As you can see, we have definitive evidence.

Stalling and refusing to talk won't help you at all.

Bring me Chae Yi Hun.

Professor Chae's...

son?

No, I mean Director Chae Yi Hun...

of the MOEF International Finance Bureau.

(Chae Byung Hak, May he rest in peace.)

DPM Heo is being uncooperative.

He keeps on repeating that he wants to see you.

Will you be up for a visitation?

Deputy Prime Minister Heo Jae's arrest...

has brought chaos within the Ministry of Economy and Finance.

In order to quickly resolve the matter,

the Blue House nominated a new minister...

and is waiting for the National Assembly...

to conduct its audit.

Meanwhile, private equity fund Bahama...

has brought up the ISDS...

to fight against the charges they face...

regarding Jungin Bank.

- ISDS is... - Ma'am, could you turn the TV off?

- Bahama will sue... - Sure.

- on grounds of discrimination. - No one's watching anyway.

News I don't want to know about keep popping up everywhere.

The amount that Bahama will ask for...

is close to five billion dollars.

It earned 4.7 billion dollars in the sale of Jungin Bank.

Add that to the five billion dollars and...

Bahama will take close to 10 billion dollars from us.

Earning 10 billion dollars by buying and selling a single bank?

The Financial Services Commission is trying to deal with it.

It's trying, but I doubt it'll be easy.

All I can say is thanks.

That being said,

the manipulated report of Jungin Bank's BIS capital ratio...

The one who ordered that is in lock-up right now.

I don't even know if we should carry on.

It's only Ms. Lee and me now.

If you keep on going,

you can count me in to help you.

Still, this is more urgent.

All right.

We'll try and manage it ourselves.

Is there a chance of winning?

The nation faces a disadvantage when it goes up against companies.

According to the statistics...

from 1987 to 2017,

a total of 855 cases were taken to court.

Out of them, 584 cases were settled or ruled.

The win-rate is only 37 percent.

But Bahama isn't some innocent company.

That's only from our perspective.

Private equity funds like Bahama...

have great influence over the US administration.

That's right. Many members of the Treasury are from those funds.

Even the secretary is.

When a fight occurs between...

a powerful country and one that isn't,

can you honestly say that...

international organizations make fair rulings?

I, for one, can't.

That's reasonable suspicion.

Look. Even still,

think of all the bad things Bahama did.

That won't be considered as evidence...

when the ICSID renders its decision.

What if we prove that they requested...

the BIS manipulation?

That would be ideal.

But we need evidence of a relationship...

between someone in our government and them.

Chief Jo asserts that he was the liaison,

but Eugene Han says he doesn't know him.

Are you saying there's no way?

We will try our best, but...

In the midst of all this, Director Chae quit...

and won't show up.

Of course, he's in shock about his father.

I get that, but still.

He isn't answering his phone either.

Do you know where he is?

So, what's the evidence?

The conclusive evidence that proves my relationship with Jo Hee Bong.

When Seo Yang Woo bought the place in Singapore,

you gave him money through Jo Hee Bong, correct?

That?

I didn't do it in person.

I used a broker abroad...

The prosecutors found that...

by working with Interpol.

That couldn't have been easy.

People were caught for doing this to evade taxes...

back when our country established the futures market.

We have a special know-how.

A warrant for your arrest for bribery...

and an APB were issued.

The American Embassy was notified as well.

The American Embassy stated that they'd cooperate fully.

There is nothing more we can do for you.

I'm sorry, but we can't help you this time.

But Tina.

Bahama will file the lawsuit against the Korean government...

to the ICSID.

They put us under a lot of pressure with the Tobin tax in Korea,

and we sold Jungin Bank to Jaeyoung Bank.

And the bottom line is, we couldn't collect the full amount...

that we wanted because of that pressure from the Korean government.

We will claim compensation for all the losses.

And you? You're on the radar...

for a connection with someone within that government.

So we can no longer take your side. It's too risky for us.

The number you have dialed is not in service.

Mr. Kim changed his number.

We're going to Young and Soo's law firm to handle the case.

The US branch of Young and Soo.

The Korean public opinion of you guys won't be that nice.

No one knows we're at the center of this.

Listen carefully, Eugene.

It's stated in our contract...

that if you ever put the company at risk,

we're supposed to cancel that contract immediately...

and claim all costs of damage against you.

From now on, this will be my office.

Sit.

The Forbidden City,

where anything but red is forbidden.

When I was studying in Beijing,

I used to visit the Forbidden City once a week.

While I was watching all the tourists...

from all over the world come and visit this place,

I thought to myself,

"Even this place is vulnerable to cash."

Money...

is what opened up the Forbidden City.

This is your passport.

The American Eugene Han no longer exists.

Hello.

We met at an inter-class event at our club during college...

and 3 or 4 times at government workers gatherings,

is that right?

What brings you here?

I'm sure...

you watch the news in there, right?

Deputy Prime Minister Heo... Goodness.

That was unexpected. Don't you agree?

- How is he? - I don't know.

I only know what's on the news.

So... Once the decision comes down,

just accept it.

Don't think about appealing or anything.

Don't stir things up and make things complicated.

Once things quiet down,

there will be a way to get you out sooner.

Why are you telling me that?

Why do you think?

The accounting firm you're with...

worked with Bahama for many years, didn't it?

I heard they're suing at the ICSID.

Is that why...

I must keep quiet?

Don't try to know such convoluted things.

You can't waste your precious life in this place.

Be rational, will you?

We will compensate you for it, don't worry.

"We"?

- "We"? - Sure, you're a patriot,

and you have a conscience.

I understand, I do.

But the world won't change just because you do this.

Aren't you bitter, taking the fall all on your own?

Let's bury it quietly.

It'll cost like 400 to 500 dollars for a family of four...

to eat at a place like this, right?

You know the answer.

My father is turning 70 next month.

No one has big celebrations anymore.

- Hello. - Na Joon Pyo.

- Okay. - So I'm thinking...

of taking the family to a nice dinner.

He absolutely loves Chinese food.

Plus, he's into malatang right now.

But this place is too expensive.

No one pays with their own money to eat here.

Whom are we meeting today, anyway?

I'm bringing you here only because you're a college alum.

Just know that.

Director Na.

- Mr. Na. - Mr. Na.

Civil servants can't get treated to meals that cost...

more than 30 dollars. You know that.

This isn't a place where you eat a bowl of jjajangmyeon.

Of all the...

Nothing here costs less than 30 dollars.

I'm bringing an alum to lunch to wish him luck...

and tell him to work hard.

Why are you so timid?

Are you a coward?

Punk.

Hello.

- Hi. - Good to see you.

Hello.

It's been a while.

- What about the evidence? - I'm sure it'll work out.

She's from TS Management.

Hello. It's nice to meet you.

Hello.

Let's sit.

Sit.

TS Management? Is that a talent agency?

It's actually a private equity fund.

We weren't around for that long.

And we asked Mr. Na here to be our company advisor.

- Eat up. - Shall we?

When they said TS, I first thought of TS Eliot.

Do you know TS Eliot?

"The Waste Land".

April is the cruelest month

Breeding lilacs out of the dead land

Mixing memory and desire

Stirring dull roots with spring rain

Oh my gosh. It's so nice.

I'm a big fan of literature, especially Chinese literature.

Big fan of Liu Xie.

And I actually studied in Beijing.

You did? Beijing?

He majored in sinology while he was in university.

- Really? - Yes.

He's the expert of China in our ministry.

Also, he's preparing for the Chinese swap, right?

- He's the leading man. - Sir, stop.

I'm not only a big fan of China.

I'm also a huge fan of Korea.

I love K-pop.

I even went to see BTS perform...

when they were in Wimbledon, England.

There are a lot of gorgeous singers in Korea.

- How is the food? Do you like it? - Yes, I like it. Thank you.

His dad loves malatang.

Is that so?

To be honest, I'm a bigger fan of the Korean jjamppong...

than the Chinese malatang.

- Jjamppong? - Really?

Then there's...

a really good Chinese cuisine around my place.

It's called Hwangjae Jjamppong.

It means "Emperor Jjamppong."

There is a place called Mafia Pizza...

in my neighborhood.

The bulgogi pizza there is to die for.

If you come by, I will...

- What? - Thank you.

It's really good especially with soju.

If you ever come by...

What's so funny?

- My gosh, this is nice. - I'm so worried.

About what?

I'm worried you'll drink too much now that you'll be living alone.

I'm also worried.

But I'm worried more about you than my mom.

- Why are you worried about her? - Why?

Eugene Han. Are you okay about him?

Why do you ask?

I mean, it's weird.

You keep building walls around you when it comes to him.

- That's nonsense. - "Walls"?

Walls to protect her emotions.

Think about it.

She saw him get shot and bleed a lot of blood.

It's not something that she can easily forget...

or put behind her.

Stop talking about him.

Why are you being like this?

There's nothing I can do.

Do you have to do something?

The least you can do...

is to acknowledge his existence as a fellow human being.

Hey, stop it.

He did something bad to our country.

- And she's a civil servant. - Mom.

We're talking about her emotions.

Just because he's a bad guy...

doesn't mean she's not allowed to feel anything toward him.

Will you just eat?

Well, she does have a point.

The least you can do is to acknowledge his existence.

Do you know what it was that made me feel so hopeless...

when I was at the MOEF?

The fact that everyone there is all smart and competent.

They're all geniuses.

They were all top students, graduated the best universities,

and they never experienced failure.

So they don't admit or even think about the fact...

that they could be wrong about something.

The most representative guy is the deputy prime minister.

Exactly.

Remember when he fought with the minister...

about the economic policy?

He acted as if his life was at risk.

I mean, is it really something to fight about?

The point of that meeting was to come up with a good policy.

It's just a fight among the egos.

They all need to prove that they're better than the other person.

You probably don't know this since you're still low in rank.

When you just start out, you're so full of passion.

Everyone has a grand view of their country during that period.

Back when I was a level-five, I was exactly the same.

That's how it was back then

Hey, I was like that even when I was a level-four.

But people eventually change.

Yes, that's right.

People change.

There's nothing I could do to change anything.

And my seniors were always busy lining up next to those in power...

every time a new government came into power.

Soo Jong.

You should find a way to survive while you still have power.

I'm giving you a sincere word of advice.

How am I supposed to do that?

Just stand with us. That's your way to survive.

- Remember Director Park? - Yes.

His daughter is a musician.

And apparently, the private lessons cost a fortune.

He's always complaining that he's out of money.

Why would he let her do music when he's a civil servant?

You know that the FSC formed...

a TF Team to prepare for the ISDS...

- from Bahama, right? - Yes, of course.

(ISDS: Investor State Dispute Settlement)

Have you heard anything?

No, I haven't.

The FSC is handling it, so how would I know?

I heard you've been frequently meeting Han Sang Min...

from the FSC.

How do you know that?

We all have our routes.

He doesn't really talk.

He's kind of like Director Chae. He's very secretive.

They're similar, aren't they?

They were like that even when I was at the FSC.

What about Lee Hye Joon? What does she do these days?

- She works very hard. - Very hard, my foot.

I heard she's been going around asking everyone...

about the disposal of Jungin Bank.

She's been asking the MCIE and the FSS for documents.

And she even visited...

the Bank of Korea's online statistical system numerous times.

How do you know so well about what she's been up to?

My gosh.

Do you think that's the only thing we know?

She must really think it's okay to defy her seniors...

and do whatever she wants.

She's a scary one, you know.

(Comparison of Jungin Bank's original BIS capital ratio...)

(to the manipulated BIS capital ratio)

What are you doing?

Just work.

Why do you have to work at home?

It's not like they pay you more.

This has nothing to do with my paycheck.

Why would you do something that pays you nothing?

It's something I need to do.

That place is cold, so make sure you pack the right clothes.

- Hey, what's this? - Mr. Park.

I need to talk to you.

Can we talk in private?

What is it about?

About what the deputy prime minister asked us to do...

He's not the DPM anymore.

I'm almost done writing the draft of the report...

that the deputy prime minister asked us to write.

Will you review it for me?

What for? It'll be useless.

I wasn't told to stop.

Ms. Lee.

I wrote how the stock valuation was manipulated...

based on the files we received from Jungin Bank...

including the benefits we received such as bonds with warrants...

and call options.

Do you know what that will do to Director Chae?

How many times do I need to tell you this?

He's already going through a hard time.

If that goes public,

he'll get fired even before his resignation letter gets filed.

Then I'll go talk to him.

- He wants time for himself. - I'll go to his house.

Why are you so cold-hearted?

Mr. Park.

When Chief Jo got sent to prison,

we promised him that we'll do our best.

Who do you think you are?

We just need to do what we're told.

- No. - Ms. Lee.

I hate it when people like you make things difficult for others...

just because of your shallow sense of justice.

It really annoys me so much.

"Shallow sense of justice"?

I don't know what that is.

I'm only doing this because it's the only thing...

Forget it.

And...

if Director Chae is your senior,

so is Chief Jo.

They're still different.

Director Chae is the only person I respect and acknowledge...

as my senior.

I personally think he should...

stay in the organization no matter what...

so that this place won't seem so worthless.

So will you stop trying to push him off a cliff?

Just leave him alone!

Imagine how difficult it must be for him right now.

Yes, I understand what you mean. But still, he handed in...

- a resignation letter. - About that...

I'll do what I can to stop him from leaving.

The vice-minister is planning to return the resignation letter.

But before that even happens, I'm going to beg him to stay.

Mr. Park.

Mr. Park.

Gosh, you can't even rest on your day off.

- Here. Take this. - Where are you going?

- It's mung bean rice porridge. - Thanks.

She's on her way to meet Director Chae.

You're taking all that porridge?

Something came up.

- I'll see you tonight. - Okay, bye.

Wait.

- Have you heard about Eugene Han? - What happened?

He got fired from Bahama, and he's nowhere to be found.

The prosecution found his connection with Jo Hee Bong.

And now, he's being chased by them.

See you.

I'll get going then.

- Have a good day. - Thanks.

I called ahead, so he's probably waiting for us.

Why are you here?

Does being cooped up here...

help calm you down?

Gosh, you seem gaunt.

Have you been skipping meals?

Please have some.

Ms. Lee's aunt was worried, so she made it for you.

Why is it that older ladies always adore you?

Thank you.

Sang Min, how is the ISDS affair coming along?

Not good as you'd expect.

What DPM Heo ordered us to do...

I intend to finish it.

Even if you do, realistically speaking,

it could be meaningless.

Why are you all saying that it'll amount to nothing?

I'll send you an email, so please look over it.

DPM Heo is in prison...

and Mr. Chae's here instead of at the office,

so I'll send it without any of their approvals.

What are you trying to say?

I meant whatever you thought I meant.

Ms. Lee.

My father...

used to say this when I was young.

"The bank wouldn't give me a loan."

"I didn't do anything wrong. All I did was work hard."

"So I don't know..."

"why the government let the bank do what it did."

"That's why my life is ruined."

It happened in the early months of 1998...

when I was seven.

Back then,

I thought a promissory note was a weapon that sucked the life...

out of people.

Why did our government...

let a hardworking man die...

when it was the bank...

who wouldn't give him a loan?

Why? Why didn't the government do anything about it?

You're also like those people who did nothing though.

- Ms. Lee... - Don't you get it?

Don't you?

Yes, I'm sorry.

Someone who won't let those things happen.

You can be...

one of those people.

I know that...

this is tough for you and that...

you're in shock.

However,

there are more people than you realize...

who are suffering even greater...

because the country isn't protecting them.

I'll get going then.

Ms. Lee, wait.

What brings you by?

I'm still working on what you ordered, sir.

The manipulation of Jungin Bank's capital ratio ordered by Bahama.

You told us to investigate and write up a report on that.

I never heard you taking back that order.

- Kill the project. - Why?

Because you're locked up in here?

It wasn't just some meaningless order.

Everyone's been telling me...

that what I'm doing is meaningless.

But I can't stop.

Do you remember...

what I asked during the seminar at the training center?

An insolvent enterprise made a bank go under too...

by lobbying those needed.

The bureaucrats are still only crunching numbers,

so nothing has changed.

I never got a straight answer from you.

Can you say you have changed?

What do you want from me?

Bahama will cut Eugene Han loose...

and sue our nation using ISDS.

Please tell us what to do.

I am fairly sure...

that you know a way out of this mess.

I don't.

You don't always have to be in a high-rank position...

to serve your country.

You never waver, do you?

From the moment I saw you up until now,

you have been a steady rock.

Because I'm terrified.

Because I have no idea what other disaster we'll face.

It's why I can't afford to let go.

When we first...

You asked when we met at the training center and just now,

whether I've changed.

No.

I haven't changed at all.

I couldn't change anything either.

That's why...

I wonder how to deal with it,

and whether I can even deal with it.

This may be my last order for you.

As you know, the BIS ratio of Jungin Bank...

has been over 9 percent for the last 3 months.

Which means the bank cannot be handed over...

to a private equity fund like Bahama.

Isn't that something you should figure out?

There are outstanding loans under the current bank law.

You can hand them over to private equity funds.

Are you asking me...

to manipulate the BIS ratio?

That's for you to decide.

Is that what Bahama wants?

Exactly.

Fine.

Then...

what will you guarantee...

for me?

Anything you want.

The DPM proceeded with it...

after receiving that promise.

But Shannon broke her promise,

which is why Eugene Han was brought in.

Did the DPM tell you that himself?

Yes. I picked it up myself from his place.

This may be the smoking gun...

that we need.

It's proof of the relationship with Bahama.

Our government can beat Bahama at the ICSID with this.

He said to use it for that.

If this gets out,

the DPM will really be done for.

- But... - Notwithstanding that,

he said to use it.

The flower petals flutter in the wind

What kind of song is that?

It's a song my mom used to sing.

It feels weird,

now that I'm really leaving.

There won't be any inspections from here.

- It's a shame. - What is?

Anywhere in the world, people are...

vulnerable to money.

It's not a shame.

You just get what you pay for.

The line of defense for the Chinese yuan exchange rate...

collapsed again.

How many times did the dollar exceed seven yuan?

Even though the People's Bank of China is...

defending the exchange rate,

they can never beat the US.

That's why China doesn't want to give up on becoming a key currency.

That's also the reason why they rush...

to get their digital currency up and running.

Okay.

That's exactly what we're going to do from now on.

What "we're" going to do?

Yes, "we."

We just have to confirm the details of your position.

- How? - Do some research...

on the method behind digital currency design.

And look into some investors too.

That's dangerous,

not only for the public,

but you also don't want to mess around with the Chinese triads.

They might come after us.

Eugene.

This is always what we've done.

What are you afraid of?

I'm giving you a chance...

because I love you.

- A chance? - You crashed...

all the way down in Korea.

And you can't recover.

I'm giving you the opportunity...

to be the best in Bahama again.

Okay?

- It must be heavy. - This is nothing.

- I'll carry it. - No.

Ma Ri said she'll will be here soon.

It's cold.

Come down next week. I'll make you some good country cooking.

I made side dishes and put them in the fridge.

Make sure to eat regularly.

Yes, ma'am.

- Take care of yourself. - Okay.

- Let's go. - Okay.

- Where did you park? - Over there.

- I'll carry it. - It's okay.

- Gosh. - Let's go, Mom.

It's okay. Go back in.

Make sure to eat regularly.

- Come down next week. - Later!

Bye.

What is all of this?

Get back safely.

Thanks.

(Restricted Number)

(Restricted Number)

There's no point in calling the cops.

I'm not in Korea.

I see.

I'm relieved.

You're relieved?

I won't crumble that easily.

I'll start over.

I'll become much stronger.

I'll go to see you once I do.

Take care until then.

You asked me what nationality I thought you were, remember?

You're Korean.

Our country,

to which your mother wanted to return.

A person, not just a part of something else.

A person, who can become...

as warm as he wants.

Eugene.

It's time to go.

So...

don't hide there anymore, Eugene.

What?

Hello? Yes.

Oh, right.

The restaurant?

Yes, I know.

How many cabbages?

What? We only have pickled cabbages.

That's not expensive.

We use high-quality salt.

We only use salt that contains a lot of mineral.

We can't give you a discount, but we can give you a coupon.

I'll make sure you get the best ones.

Okay, I'll have them delivered right on time. Bye.

Gosh, I really need someone to help me with this work.

My gosh, I seriously need someone to help me make money.

Jin Soo Ho!

Well, I came because I heard you're hiring.

I saw the job ad on the part-time job searching site.

I know this sounds shameless but...

Shut it!

I heard the new director is coming straight...

from the Inter-American Development Bank.

Apparently, he was Professor Chae's favorite student.

He even talks, behaves, and dresses just like him.

He got his masters and PhD at Chicago University...

because of Professor Chae.

- He went to our school, right? - Yes, he's an alumnus.

- Really? - He's here.

- Hello, sir. - Hello, sir.

- It's nice to meet you, sir. - Thank you.

(Lee Hye Joon)

Nice to meet you.

Nice to meet you.

Should we have tea together?

Thank you.

Let's start with the International Finance Bureau.

The chair of the Federal Reserve, Jerome Powell, recently said this.

"Monetary policies are made without any political influence."

- You heard that, right? - Yes.

"Let's make America strong again."

"Release dollars and support the economy."

The president must feel desperate...

now that the reelection season is coming up.

Jerome Powell said that...

because the president kept pressuring the Federal Reserve.

But take a look at China.

Last year, they decreased the cash reserve ratio.

They forced the liquidity in the market to increase.

But what are the results?

A decrease in sales for public enterprises.

A deteriorated environment for businesses. And what else?

Who knows?

Mr. Park Soo Jong?

- Pardon? - Don't you know?

Aren't you the China expert?

- My name is Lee Hye Joon. - Oh, okay. Ms. Lee Hye Joon.

I'm sorry.

Excessive loans due to the deteriorating business environment.

Increase in insolvent banks due to those loans.

And the nationalization of some of those banks.

Yes.

The government definitely lost a lot of money as well.

Does this remind you of anything?

The 1997 IMF crisis in Korea.

That's why it's important...

not to intervene the market when we're not supposed to.

So that's what you wanted to say.

- Go ahead and drink your tea. - Okay.

But sir.

I'm not sure if it's okay to ask you this question.

- It's okay. Go ahead. - Okay.

What if...

the Federal Reserve gives in...

to the pressure they receive from Trump...

and presents a policy that acts in favor of Trump's reelection?

Then the dollar will decrease in value in the market,

and the US will be in an economic bubble.

That will have a huge effect on Korean companies...

that rely on export since they will lose their price competitiveness.

Unless a company has global technology competitiveness,

that can surely happen.

Then that will cause people to lose their jobs.

Even a king can't save its people from poverty.

Capitalism is...

an enormous market that legally guarantees endless competition.

Do you all agree?

Then there's no need for a government.

You want the government to intervene?

That's what a dictator would do.

Ms. Lee.

Do you not know what happened when a dictatorial regime was in power?

I know...

it's hard to look at each other.

But I thought I should explain it to you in person.

I won't ask you for forgiveness.

I know it's not something you can easily forgive.

I never intended to kill him.

That day,

I was very angry.

Chae Byung Hak, a failure of the free-market ideology,

was right before me.

He was the person that ruined our economy.

How can one person ruin the entire economy?

He was in a position of responsibility.

- Sir. - And he didn't fulfill his duty.

The negative influence he had on our economy...

was extremely severe.

And the worst one of them all...

is that his lame theories regarding the free market...

caused the restructuring process to lose power.

But he never admitted anything.

- He never took responsibility. - Sir.

I had a solution to the issue regarding Jungin Bank.

But he didn't.

But he still was against my idea.

He was...

He was always against my ideas.

That is why...

I let...

my actions take over my rationality.

That's what happened.

Mr. Heo...

You think you're different from me?

So...

Did killing my father...

get you what you wanted?

What can only be achieved by sacrificing others...

doesn't hold any kind of meaning.

You were wrong from the start.

It's not because you killed my father.

You thought you could change everything on your own.

You took charge.

You were arrogant enough to believe that your ideas were the best.

You manipulated the law and found loopholes.

You even violated the law...

because you were obsessed about implementing your ideals.

Now that I think about it,

all of that...

wasn't enough to change this nation.

It just wasn't.

And I was no different.

Are you done?

I feel like I've heard enough.

Visitation over for Inmate 769.

If I may say so,

it wouldn't have happened had you not said anything.

Anyway, the new director...

seems like a true believer of the free market.

I hear he was one of Professor Chae's favorite students.

By the way, I can't believe they demoted you like this.

They sent you to the European Bank for Reconstruction and Development.

Anyway, Director Chae,

I heard you claimed that Jungin Bank...

needed special treatment when they were sold.

I know it's water under the bridge now,

but why did you insist on that?

This demotion was to hold you accountable.

I'm only taking responsibility because I should.

Still, I'm glad that you didn't send in...

your letter of resignation.

There's a profound reason for that.

Mr. Park, you know something, don't you?

You'll never know, so just stay put.

Anyway, let's drink.

- Mr. Chae, a few words? - Me?

Thank you for everything and good luck.

For Director Chae!

- Cheers. - Cheers.

(Director Na Joon Pyo)

Wait, isn't that...

Where's the soy sauce and wasabi?

Here.

Don't I at least have the right...

to not eat with the people I don't like?

So when will you be leaving?

- Can I have some of the stew? - Sure.

Here. Let me get you some.

Just you wait.

Thank you.

- Here you go. - Don't forget the fish.

The team is out having dinner.

How should I know what Mr. Chae's special assignment is?

Of course, it was a demotion.

He was demoted due to his actions during the sale of Jungin Bank.

Joon Pyo, don't live your life this way.

Oh, the meal you treated me to?

I thought it was to encourage me for all the good work I've been doing.

If you keep this up, I might just self-destruct.

("The Great Transformation" by Karl Polanyi)

I...

don't...

want to admit that it's too late,

Byung Hak.

Why are you out here alone?

I had too much to eat, so I needed some fresh air.

I heard that you'll be reforming the ISDS...

with the United Nations Commission on International Trade Law.

- Who said that? - Mr. Park.

He knows everything that's going on within the MOEF, doesn't he?

The new DPM gave me a special assignment.

Where do you think suffered the most because of the ISDS?

East Europe and Central Asia.

South America, and Sub-Sahara Africa.

What does that imply?

That the system only favors countries with power.

It won't be an easy fight.

We'll need help from other countries as well.

What are you thinking about?

I was just wondering if we actually overcame the IMF crisis.

The collateral damage...

still exists in our economy.

And it feels like we haven't dealt with all the problems.

And I also wonder if it will ever be possible...

to take care of all those problems.

Why did you suddenly think of that?

No reason.

Is it because of the new director?

My gosh.

The world won't change that easily.

But once we have more people like you in the organization,

it will surely change one day.

People like me?

People who are brave enough to fight,

but who are also broad-minded and confident.

People who are warm.

And people who are beautiful thanks to all those qualities.

It's raining.

It's cold.

At least it's not snow.

You're right.

One day, spring will come,

and flowers will bloom.

(Money Game)

(Thank you.)