back to past life(on going)

back to past life(on going)
8



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Jonathan has sent me more than ten desperate emails since yesterday, and I deliberately didn't reply to them. Of course, I read his email today, the day that the Sammi Group, ranked 26th in business, filed for bankruptcy following the Hando Group on the same day.




Jonathan: I don't know when you're going to check this email. As you said, the attack on the Thai baht seems to have begun. Please contact me as soon as you read this. I've got something you'll be interested in.


I can see that Jonathan is still hesitant from this email. If he was willing to plunge into a currency war with confidence, he wouldn't send me an email like this. He would be busy day and night building his own investment firm and funding investments through the connections he made to this day.


However, in the previous timeline, Jonathn actually plunged into the Asian financial crisis when the battlefield had moved to Hong Kong. Although she had insight, she lacked funds and acting power. But surprisingly, he had achieved what he called his prime because he was cautious. In other words, if he starts work as soon as he is convinced about the hedge fund attack on the Thai baht, he will struggle a lot.


In 1992, it took about fifty days for a hedge fund to break the British pound. Therefore, hedge fund companies will position themselves on the assumption that the Thai baht will also be lowered in the same way, but the baht will not fall with a single blow. In the past, Thailand has led the way and caused massive damage to global hedge funds. However, the Thai baht finally fell on July 2, which means more than three months from today.


Anyway, I checked the investment product Jonathan attached to the email, and it did exactly as I expected. The product is betting on the fall of the baht around May. This basically means, 'the hedge funds will finish their battle within fifty days as they did in 1992, and a resounding victory will be theirs'. The product basically represents the current atmosphere and predictions of Wall Street.




Seon-Hu: Please contact me again if any stock items are betting on the Thai baht hike.


Apparently, Jonathan had to refresh his inbox constantly despite his tight schedule as his reply came back in less than 10 minutes.




Jonathan: Don't you expect the Thai baht to go down?




Seon-Hu: I'll make one suggestion. If you are setting up an investment company, I am willing to offer you my investment proposal. I expect fifty-one percent of the corporation's shares in return.


***


The investment products Jonathan sent to Seon-Hu were only given to a few VVIPs. Although Jonathan took a big bet, the result was so disappointing that he could not even sigh.


Come to think of it, did the email mention that the attacker would win while saying that the baht would be attacked? Ah.yeah.it doesn't say anything about that.


Attacking the Thai baht will surely work. Jonathan and all the companies on Wall Street agreed that Thailand would never be able to survive after being chosen as a hedge fund prey. How did Thailand survive when Britain failed? That's an honest opinion.


However, Jonathan is disappointed by the last sentence - an investment proposal. How could one possibly request fifty-one percent of the company's shares in return for the proposal?


I was cheated by a fraudster.What did I expect?


Jonathan frowned and picked up the phone. He has wasted so much time on unknown fraudulent emails. It's time to get her under control and call VVIP before she loses a big account to another company or colleague. Wall Street has settled the stakes.


Then, suddenly Jonathan dropped his phone again. He felt that something was missing, and if he could not explain it, he would continue to think about it.


Clickety-clack. Clickety-clack.


Aggressive sounds came out from Jonathan's keyboard. Her performance has been worse lately, and she feels worse because she feels that the time of her deportation is near.




Jonathan: On what basis do you believe that hedge funds will fail?


Jonathan bit his nails involuntarily while waiting for an answer. Then, the answer came.




Seon-Hu: I may have caused another misunderstanding. I'm not saying that hedge funds will lose, but that the Bank of Thailand had a lot of protective measures in May. Bank Negara Malaysia will be a good example before. Also, the reciprocal agreement they made with the ASEAN central bank (Association of Southeast Asian Nations) in 1995 and the double exchange rate system remain viable options for Thailand Bank. Therefore, my conclusion is that the Thai baht will go up in the short term.


Jonathan gasped, and the shock hit him so hard that it made him completely forget his disappointment. Although it seemed like he was sitting there without moving a single muscle with his eyes wide open, his brain was spinning like never before. Even he thought that he could hear his neurons firing one by one in slow motion.


I.t...That's possible!!


Then, the investment product manual for VVIP caught his eye. It was one that bet on the decline in baht prices in May. His colleagues are doing their best to sell these products because everyone knows this is an opportunity to produce the best results, then improve performance and build trust with VVIP. Empty sets come from colleagues who have quit their jobs to set up their own companies. If the baht doesn't fall in May, they'll all be beggars.


Jonatan gulped. He debated whether he should tell the board about the possibility of this scenario and strongly suggested minimizing the risk of the product or not.He thought for a moment and then his trembling fingers started typing.




Jonathan: We don't have a product that is betting on improving the Thai baht, and unfortunately, there are no plans to develop such a project at Wolf.






Jonathan: Fifty-one percent unconditional stock means you will control my money and my future. It's too much. Who would sign such a contract?




Seon-Hu: Take your time thinking about this. My offer is valid until the end of May.




Jonathan: We have to talk directly. As I said before, my office is always open.


That'sthat's all. The communication ended even after Jonathan sent his second email saying that he would be willing to visit me in person.


***


When a hedge fund decides to target the baht with the Quildom Fund in the middle, everyone believes the baht will collapse. But reality says something else. Although the hedge fund attack on the baht lasted two months, the baht was not withdrawn. Jonathan's company is tense as it focuses on selling investment products that bet on the fall of the Thai baht.


Jonathan is the only fund manager who has not sold his product. The company wanted to force him to stop and VVIP turned his back on him. He's not risking real money like everyone else, but he's risking something even bigger - his career record and future as a fund manager. Even his assistant scribe cursed Jonathan and threatened to quit his job.


Jonathan felt like he was living in another world especially on the fourteenth and fifteenth of May because he was alone in his office. It was the day when hedge funds attacked the Thai baht with everything they had. It was enough to turn things around, and Jonathan's comrades became excited and cheered as if they had never been destroyed. However, it did not last long.


“Fuck! fuckin' hell! Fuckkkkk!”


“No, this is crazy! This can't happen!”


All the mess going on all over the office, and the phone doesn't stop ringing. The faces of his comrades were as red as an angry bull as they shouted.


“Jonathan!” Assistant officer Jonathan ran to his room, and his face was filled with shock.


“You're right, Jonatan! You're right! Baht ride! How do you know…"


Officers showed printed documents from the ASEAN central bank that helped twelve billion dollars to Thailand.


"Everyone was afraid that they would lose at least three million," the officer blabbed.


"Alright, go, go" Jonathan said firmly.


"Was..Is there anything I can do?" ask the officer.


Jonathan waved his hand at the officer without even looking at him. He was so relieved that he wanted to pee. At the same time, he did not want to face anyone who had laughed and looked down on him. The two months he spent being insulted as a coward felt like forever.


One of Jonathan's colleagues stuck his head out and said, "Harry wants you." Jonathan was fed up with the jealous look that followed him.


Harry is the company's largest shareholder and its main coach. Jonathan didn't want to see anyone, but he wanted to see Harry's tearful face.


Harry was with three other VVIPs in his office. They are Harry's long-time clients and suffer heavy losses from this incident. Harry plans to address this crisis by introducing Jonathan as the company's new hope of easing their anger.


However, Jonathan handed over his business card to the client as soon as he entered Harry's office and said, “I will set up my own investment company after quitting my job at Wolf today. My contact will be the same, so if you want an investment consultation..”.


“Jonathan!” Harry hurriedly took Jonathan out of the office.


"Why? You've wanted this for a long time, so I'm doing this for you, "asked Jonathan condescendingly.


"...Over where? Do you have a sponsor? ” Harry caught red-handed.


“I will get sponsors from now on. I'm the only one without a loss, and everyone on Wall Street knows what I'm betting on for this, ” Jonathan said.


"Do you think this time will take you anywhere?" Harry asked indifferently.


“When Wall Street needs second success?” Jonatan asked.


"What?"


Jonathan smiled faintly, and Harry's shout behind him did not make him turn around. He returned to the office amidst a look of envy and jealousy.


While he was arranging his things, there was one thing he had to do.




Jonathan: I quit my job. I'll take your bullshit advice. I think I'm crazy. Let's talk about this in private. Where can I meet you?




Seon-Hu: Please come to Seoul. Nowow.