Wall Street of the third generation chaebol

＜ The Wall Street Journal. (2) >

Charles Dow’s face changed when I touched the restructuring clause.

“Come on, wait a minute. Morgan.”

“what happened?”

“We, the Wall Street Journal, are a company of outstanding journalists, correspondents and editors. If we cut out a lot of talented people like restructuring, the value of the company will be cut at the same time!”

“I know.”

tuk.

I stopped the pen stand. Then he looked up at Charles Dow.

I wanted to hear the sincerity of his journalism.

I shot with a weak voice.

“However, hiring human resources that threatens the survival of the company is an act that is inferior to hiring. What would it mean if a company was sacrificed to protect journalism?”

“That, that!”

“CEO Charles Dow seems to care more about journalism than the survival of the company. Our hedge fund will reject the takeover proposal if the restructuring clause is not included.”

“…..!!!”

widely.

I threw the pen on the desk and leaned my back against the backrest. Charles Dow clenched his hands in a cold sweat until his nails bled.

I decided to cut off Charles Dow’s retreat.

“After this, Mr. Pulitzer’s investment negotiations with New York World will be held, so I’ll give you 30 minutes.

“Yes, sir.”

bang-

When James, who noticed my intentions, closed the drawing room door and left, Charles Dow and I were the only ones left in the room.

When I bluffed with the Pulitzer Prize, Charles Dow’s complexion went from white to pale as a corpse.

I took the pocket watch out of my pocket and put it on the table.

tick tock

In the suffocating silence where only the sound of the second hand can be heard. Charles Dow’s eyes fluttered violently in a cold sweat.

‘Is it really acceptable?’

I never say empty words.

If Charles Dow accepts the restructuring offer, I’m going to be really relentless and soul-sucking.

I can’t trust the people of the Charles Dow line, so I’ll have to put the new liquor in a new bottle.

I needed a journalist based on journalism ethics, not a dead man drenched in the reality of capitalism.

“CEO, if you want to cool your head, you can go out to the hallway for a while.”

“…..it’s okay.”

Tick tock.

In the silence of the parlor, not even the sound of breathing could be heard, only the second hand of the pocket watch rang loudly.

***

30 minutes passed like that.

“Ha ha…”

dump-

Charles Dow let out a deep sigh as if he had put everything down.

“Mr. Morgan, I’m sorry. It seems that the restructuring clause cannot be inserted. Would you please make the takeover proposal a no-brainer? We apologize for making you come to a busy pace.”

Charles Dow had really given up, so he began to organize the papers on the desk.

I smiled inwardly.

‘Also. You don’t let me down.’

widely-

Charles Dow blocked the paperwork he was about to pick up.

“Chief Charles Dow. By any chance, what do you think journalism is for you?”

“Yes?”

“Well, so what if. Very if.”

I pulled my upper body to the road.

Charles Dow looked at me blankly.

“If our hedge fund acquires the Wall Street Journal and brings in Charles Dow as its publisher, are you willing to rekindle that passion for journalism for the Wall Street Journal? Without restructuring clauses, of course.”

“··········!!!”

“It takes away all the pressure of money and other stress about running the company. In short, free from the slavery of capitalism.”

“her.”

“How is it?”

What is the most difficult thing for entrepreneurs?

Responsibility is a rock that weighs heavily on their shoulders. Financial pressure, responsibility for the livelihood of employees, social views, etc.

Holding them to their ankles in hell, where it is difficult to break through with vision and mission alone, is a real problem that only appears as an obstacle.

Now I’m telling Charles Dow that I’m going to clear all those obstacles.

“We will take responsibility and guarantee freedom, so would you like to spread the wings of journalism that was suppressed in the depths of the CEO? maybe…..”

paused for a while.

“Free journalism, that would be so much fun.”

I rolled up the corners of my mouth.

As Charles Dow realized the truth of my words only then, tears began to form in the corners of his eyes.

“Morgan…you are…”

fight.

Charles Dow’s tears fell on the desk. He took a handkerchief from his suit and wiped away his tears.

“You are a bad person.”

“Haha, I hear that often.”

profit-

I poured the Coke into the glass and pushed it towards Charles Dow.

“Actually, I wanted to hear the sincerity of CEO Charles Dow about journalism. Do you have a journalism that will not be shaken on Wall Street, where there is a lot of trickery like this jungle? sorry.”

“no. It was also the time when I realized just how much I craved journalism. thank you and……”

This novel was posted at https://readwn.com

Oops.

Charles Dow pulled out a fountain pen and picked up the offer.

“I think the Wall Street Journal should be owned by a journalism savvy owner like Morgan.”

squeak.

Charles Dow drew two thick lines on the purchase price of the proposal with ink. And on top of that, I wrote a small amount again below.

– 1$.

“….!!!”

“I’ll hand over the Wall Street Journal for just a dollar. Oh, and I’ll take it as an insult to my journalism if you do.”

Contrary to the threatening tone, Charles Dow raised the corners of his mouth.

I was handed the takeover proposal with a blank face.

“Um, I was shocked for a moment, so I can’t think of what to say. But the takeover offer… I will accept it. Charles Dow Publisher.”

“…..!!!”

“Haha, please take good care of the Wall Street Journal in the future.”

“I am very grateful.”

Charles Dow shook his hand with a remorseful expression. It seems that our dear Charles Dow is already thinking only of a rosy future…

‘We haven’t negotiated a salary yet, have we?’

By the way, we have incentives and stock options that are like the very essence of capitalism.

Welcome to Moon Millet Unit 2.

Your nose is very well stitched, you.

‘Don’t suffocate the waves of dollars.’

He smiled inwardly.

So I got Wall Street Journalism in New York for just a dollar.

***

shudder.

The living room door was closed.

As I calmed Charles Dow and left the drawing room, James was waiting for me with a strange expression on his face.

“So, Master, where is Mr. Pulitzer, whom I will see in 30 minutes?”

“Ha. Don’t make fun of me. It’s all my fault.”

“Yeah? Are you kidding me? Do I dare you? I was just curious.”

“······shit.”

I messed up my hair with my hands at the rustic murder of James with a gentle smile.

Looks like I’ll be suffering for a while.

I quickly changed the subject.

“I have a question for you. Are you a bit savvy about prestigious American universities?”

“I’m sorry. I’m from Oxford, so going to an American university is a little bit… If you are presidents of prestigious American universities, you have some acquaintance when you worked for Lloyd’s Insurance.”

“Because he’s the president of the university. Haha, you’re on the same scale.”

James questioned.

“Then why would a prestigious American university… Do I have any work to do at a prestigious American university?”

“We’re trying to expand the Wall Street Journal (WSJ) we’ve just acquired, and we’re going to recruit apprentice reporters from a top US university on a large scale.”

Ivy League.

This novel was posted at https://readwn.com

Originally, it was one of the college sports leagues in the United States, but because all of its affiliated universities were prestigious American universities, it became a symbol of the prestigious American university group. However, the official launch of the Ivy League in 1954 and 1898 is far behind the present.

However, the reputation of the universities they belonged to was not as high as it was in 1898.

“Are you an apprentice journalist? Frankly, if you’re looking to expand the Wall Street Journal, I think it’s more effective to acquire New York newspapers. Or is there any particular reason to hire college students?”

‘Yes.’

The most suitable talent for the intelligence agency I envisioned are college students from prestigious universities.

Harvard and other prestigious universities are the source of huge academic ties that extend from university alumni to university-affiliated institutions, think tanks, research institutes, sponsored conglomerates, and upper-class clubs.

Like the Roosevelt family, college students themselves are often children of influential families, so direct blood ties can be expected.

There was no other gold mine with very personal connections.

“James, what was the estimated acquisition price of the Dow Jones Company?”

“Suddenly? We’re estimating a minimum acquisition price of $130,000 to a maximum of $300,000. We’ve set a budget of around $200,000 for the expansion of the Wall Street Journal.”

“Okay, so that means you have half a million dollars in your hedge fund right now.”

Half a million dollars is enough.

Converted to Hyundai Hanwha, that is a huge sum of 15 billion won.

“I want large-scale hiring. Even if I take over New York newspapers, I can’t get the number of reporters I want. Labor costs are high. Besides, are journalists of average nature? Uh huh, I run the Wall Street Journal and get dragged around by reporters. I don’t want to.”

“The remaining half a million dollars. It all goes to hiring apprentice reporters.”

James rubbed his chin with a serious expression.

“Is it a large-scale recruitment with $500,000? Certainly, the Northeast of the United States has a large number of apprentice reporters, and labor costs are low. Employment and dismissal are much more flexible. ”

“And I’m not going to put any department restrictions on the recruitment announcement.”

“Yes?”

When James flagged, I elaborated.

“Don’t limit economics, business administration, science and engineering, and humanities, but bet on any major as a condition. The Wall Street Journal (WSJ) must have an overwhelming information gap in the economy to secure its status as an economic journal.”

“The information gap…you want expert knowledge.”

“Yeah, those who have tried it before know the taste. There is a lot of information that only economics students can see. Can a reporter analyze accounting data like an accounting major? Let’s make money for college students.”

I thought of YouTube.

With the advent of YouTube, the masters who had been hiding in the Jaya stretched out, and they poured out vast amounts of information and knowledge that only reporters could not convey through streaming or video.

Thousands at least.

YouTubers from large corporations who have been garnering hundreds of millions of views and walking around have become wealthy.

similar.

When they ask for useful information, our hedge fund generates huge profits from that information. And a certain percentage of the commission is distributed from the generated revenue and inserted as an incentive for apprentice reporters.

‘Of course, incentives will be paid only when high-quality information is asked, but if done well, it may be enough to pay off four-year college tuition.’

Is it possible?

An activist hedge fund that manages large amounts of money is possible.

There is also a good example of Muddy Waters, which conducted a full investigation of China’s Lucing Coffee and sold it short.

Elliott, who harpooned Argentina, and the Quantum Fund, who harpooned the Bank of England, also sucked in dollars based on information.

Information is money.

‘Besides, I have future knowledge. It’s worth a try.’

The Wall Street Journal (WSJ) is a business magazine.

The 21st century was an era in which Koreans investing in the New York Stock Exchange or Nasdaq could become semi-professionals through YouTube and proficiently invest in stocks.

But the 19th century is the same.

Information is valuable to stock investors.

If the Wall Street Journal pours out advanced information armed with expertise, ordinary investors can easily jump into the New York Stock Exchange.

1. Deliver information necessary for stock investment through the Wall Street Journal.

2. With more publicly available information, ordinary investors can easily invest in the New York Stock Exchange.

3. The New York stock market grows.

4. Hedge funds will generate more returns.

5. Then the Wall Street Journal will be able to deliver better quality information.

I want such a virtuous cycle system.

This novel was posted at https://readwn.com

Of course, only the Wall Street Journal would keep the real high-end information or trade secrets. To be honest, we have to eat.

Would Charles Dow like to be double-handed?

‘At this time, an apprentice reporter’s salary in the United States is less than $25 per month. If you put an incentive condition on double the maximum salary, it will be enough for college students to earn pocket money.’

The top universities in the US are expensive.

So many college students became apprentice reporters to earn their tuition.

If the Wall Street Journal earns pocket money, won’t they too become future Wall Street Journal newspaper subscribers? A good impression is a bonus.

You can also shape public opinion.

Tactics due to high-quality talent?

This novel was posted at https://readwn.com

Oh, I can’t stand this.

profit-

I got a Coke bottle.

“James. If apprentice reporters working for the Wall Street Journal (WSJ) graduate from college, which newspaper do you think they will get a job with?”

James widened his eyes at my question.

“I’m going to get a job at the Wall Street Journal.”

“okay.”

In my mind, eight prestigious universities in the Northeast of the United States came to mind.

Harvard University

Yale University

Princeton University

Columbia University

University of Pennsylvania

Brown University

Dartmouth College

Cornell University

Some of the best colleges in America that will later become part of the Ivy League.

f*ck.

“It’s a great opportunity for us to suck it up while other newspapers are just chasing apprentice reporters with cheap labor. Get this.”

I handed James a business card.

James, who was handed the business card with a bewildered expression, widened his eyes.

“This…..”

“It’s your chief’s business card. For the time being, I’m thinking of entrusting the Wall Street Journal’s control tower to the hedge fund’s secretary’s office. Can I trust you?”

“……!”

James shook his head.

Trembling, he clutched the leather gloves that were in his hands.

“I will never let you down.”

“Okay. Trust me.”

I gave a thumbs up.

“By the way…….”

I lifted my chin and pointed to the back of James.

Behind James, a man in a black suit stood silently.

“Is he in the secretariat?”

“Ah, this is Kalik W. Veyron, as I mentioned earlier. Greetings to you as well.”

James stepped aside and a man walked out from behind.

“This is Veyron.”

“The Wharton School?”

“You remember. As you said, I graduated from UPenn’s Wharton School with a master’s degree.”

Veyron answered with confident gestures and restrained prayers. When someone who doesn’t know you sees it, it’s so fluid that it’s mistaken for a nobleman from Junker in Germany.

However, the scars that were exposed on the white jade-like skin couldn’t be hidden, so it felt cruel.

His rough hands were as hard as rocks.

“……!!!”

I quickly hardened my expression.

‘This child is from the Slum.’

＜ The Wall Street Journal. (2) > end