The Joseon Prince Went To America And Didn’t Return – 199
by Jessie@AFNCC
< Termination of contract (2) >
I don’t usually show my emotions very well.
Because I thought that as a person in charge who has to decide and give instructions it was a lowly thing to do to easily reveal my true feelings to others.
“forgiveness?”
But in this situation I couldn’t hide my angry expression.
‘Fuck.’
Early days of immigration.
The happy memories I had with Livermore flashed through my mind.
since.
Dirty memories that I didn’t want to remember followed me one after another.
‘That dog.’
I once considered him a good business partner.
Moreover after making money by short selling and acquiring American Trust at a cheap price I trusted him absolutely.
Just think about something you’ve done in the past.
I have entrusted Livermore with the American Trust in its entirety and have enabled him to exercise his abilities to the fullest extent.
“Did you just ask me for forgiveness?”
The disappointment he felt toward him now was more intense than any negative emotion he had felt since possessing Lee Kang’s body.
Is that why?
My head is clearer than ever.
When I get too angry I get excited and then at some point I calm down.
“Tell me.”
I raised my voice slightly and asked Livermore point by point.
Livermore took a half step back perhaps slightly intimidated by my reaction.
But his voice itself was loud because he had nothing left to lose.
“Yes that is correct Your Majesty.”
The headquarters of the American Trust where I am now was a public place.
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A place where many people come and go unlike our private home.
Now here Livermore was loudly apologizing to me.
“Oh! Who was it….?”
“That Asian?”
“okay.”
“Wait a minute. Huh? Isn’t that guy the prince?”
“Yeah. Looks like it’s been a while since you went to work at American Trust.”
“Moreover there is a white man kneeling before this prince. Who is he?”
“Like Jesse Livermore?”
“Livermore?”
“You know that bastard who got screwed over by short selling this time.”
“Oh! That guy who was talking about Standard Oil crashing because of antitrust laws?”
“okay.”
Others who passed by without a second thought.
They all came here after hearing Livermore’s voice.
“Please have mercy and forgive my sins.”
I am a public figure whose face is known to others.
As a public figure talking to other people in public places can sometimes lead to trouble.
‘Are you apologizing with such a loud voice so that everyone can hear?’
Look.
Not even a minute had passed since Livermore appeared before me and began his show.
Aren’t people already flocking in?
‘The author….’
Even reporters are visible.
It would be better if it was a straight-line newspaper but the guy I just exchanged glances with was a rag who wrote for a yellow journalism publication.
‘Why did those guys come all the way to the American Trust headquarters in broad daylight?’
ah!
This guy is going to cost me a lot of money.
‘A head-on breakthrough.’
If you get angry and leave like this only strange rumors will spread.
Of course more negative rumors about Livermore will spread.
It was clear that the sparks would fly to me if I just sat still so I had to take follow-up measures quickly.
“You have made countless mistakes. Yes. Of all those mistakes which ones do you want me to forgive? Tell me.”
The best way to deal with a guy who starts apologizing out of the blue.
He used the tactic ‘What did you do wrong?’
“That that…..”
I guess you didn’t expect me to go through each and every one of them.
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I thought he would be embarrassed and accept the apology or avoid the situation.
I looked at Livermore who was flustered and shouted at him.
“I shared with you a large portion of the profits I made from short selling during the financial crisis of 1907. As per the contract. But you have committed a crime by leaking my personal financial information to others.”
The United States in the 20th century was not the financial leader it is today in the 21st century.
Naturally American financial firms were less secure than their British or European counterparts.
The same goes for the system.
There was no separate law regarding personal information yet.
But I raised my voice insisting that Livermore’s actions were illegal.
It is to wage a public opinion war against those who have gathered around.
Livermore was accused of being the first to do bad things.
“External leak of personal asset information. You know what that means.”
“….”
“Because of you I unintentionally revealed all my cards to my competitors. As a result those who wanted to attack me obtained my list of assets and sold them short intensively.”
You won’t be able to prove in court the damages you’ve suffered.
But like this.
It could appeal to the masses.
“Wow awesome.”
“I knew you were incompetent but you’re even worse than I thought.”
Most of those hanging around the American Trust headquarters were upper-class people who had made some money in New York.
They nodded and agreed with what I said knowing full well how morally serious the current situation was even if it was not illegal.
“I am both the owner and the customer of this company. You were the representative of this company but you failed to properly perform that role. You sold the personal information of the customers to private individuals.”
“That that…..”
“Yes. It was probably because of the backlash. Since I told you to reject my opinion and buy up Standard Oil stocks. You wanted to prove that your arrogant choice was better than mine.”
The West places enormous importance on individual privacy compared to the East.
What if today’s conversation spread throughout New York?
Who on earth would want to entrust Livermore with their money?
Livermore glanced around with a look of disapproval on his face.
“You have crossed the line. Moreover in this first quarter when the anti-monopoly law is in turmoil you have irresponsibly submitted your resignation.”
“….”
“Not only that you coaxed those who could be called your people into collectively resigning. This caused the company to suffer. What’s even more scandalous is that you later moved to Chase Bank which is owned by Baron Rothschild.”
In that situation you ask for forgiveness?
Being shameless is also a virtue.
“But I will forgive all of this.”
“yes?”
“I forgive you.”
There was a fire burning inside but there were many eyes watching.
So I put on the most generous expression I could muster and reached out to Livermore.
“I’m a warm-hearted man. I don’t know if you suffered a great loss but aren’t you the one who ended up penniless because of this incident? I don’t want to dwell on the past and continue to blame you.”
“This prince. Then….”
I smiled and let go of Livermore’s hand again.
But I didn’t fall because I was already on the floor and got up.
Livermore looked slightly dumbfounded.
“Apart from the forgiveness I don’t want to clash with you on business matters.”
“yes?”
“Actually I’ve been thinking about this for a while now. You’ve been on a downward spiral ever since the financial crisis four years ago.”
“….”
“I wasn’t very impressed with the stock price outlook you gave me. It’s not like you’re particularly good at managing subordinates either.”
I shook my head and continued talking.
“So you’re saying you only want an apology. You don’t want to get involved in any business-related matters.”
“….”
He extended his hand to Choi Hyun-woo who was next to him.
Then Choi Hyun-woo handed me a handkerchief.
I just a little while ago.
I quickly wiped the hand that had raised Livermore and glared at him.
“Oh! You said you still work at Chase Bank?”
He slowly approached Livermore and whispered in a small voice that only he could understand.
“Tell the Baron. If he has anything to say he should come to me in person.”
“….”
“I hope you don’t play with people’s hearts by bringing up old relationships in such a messy way.”
“….”
“I am warning you that if you reject this offer I will not stay still. Remember this well.”
I took a step back and looked at Livermore with a smirk.
“It’s not a very long message so please convey it well. Ah! You can still do this much right? It seems like your skills aren’t what they used to be.”
* * *
One night passed.
“Your Highness. It’s been a while.”
“Oh! Baron Rothschild.”
A guest came to our house.
“I’ve been waiting to hear from you. Walter you’re here too.”
After welcoming the two rich men I started pouring them drinks.
After filling the glass to the brim.
Just before it overflows.
He handed it over to the Baron.
“I received the gift you sent me yesterday very well. I didn’t know that I would meet the servant who ran away to you again.”
I raised one corner of my mouth as I recalled yesterday.
“Ah! You should have seen it too. How a man’s pride can be broken by money.”
Livermore’s pride was reduced to zero like a bounced check.
It’s a scene that would have been unimaginable a year ago.
Why?
Because Livermore’s confidence was incredibly high after his success in 1907.
‘Because he was known in the press as the man who beat Morgan. He must have had a strong shoulder.’
He knelt down in front of me without a moment’s hesitation.
maybe.
I guessed that it might be because of the Baron in front of me now.
‘The Baron is Livermore’s new employer.’
He may have planned yesterday’s events in exchange for not claiming compensation for the damages he had suffered.
Otherwise there would be no reason for the proud Livermore to kneel before me.
“I never thought I would see something like that in my lifetime.”
Fortunately I did not fall into the trap the Baron set at the end.
Careless.
They could have been branded as arrogant Oriental royalty who oppressed white people.
There are quite a few New Yorkers who have lost money because of Livermore.
There was no way I would fall into the trap the Baron had set.
“Oh by the way are your knees okay? Didn’t you tell me before that your knee joints weren’t in good shape?”
Because next time it could be Baron’s turn.
He smiled broadly and scratched Rothschild’s stomach.
At this one of the Baron’s eyebrows twitched.
“By the way what brought you here to see me? Is it urgent?”
That’s all for the small talk.
I asked the main point.
Then the Baron took out a handkerchief wiped the sweat from his forehead and began to speak.
“It’s almost time for me to clean up my mess.”
“Would you like a drink?”
The Baron was staring at the full glass of wine that had been handed to him earlier sitting on the table.
I lifted my glass and offered him a drink.
The baron drank the strong drink without stopping.
After that he looked at me and bowed his head.
“I’m going to end this here by paying the price for the mistakes I made in the past.”
“Mistake? What kind of mistake?”
As he continued to pretend not to know the Baron blushed slightly and directly mentioned his mistake.
“You made a big bet on shorting Standard Oil didn’t you?”
“Huh? You made that mistake. How much damage did you suffer?”
I looked surprised at the Baron’s continued confession.
“The damage amounted to a whopping 80 million dollars?”
“yes.”
“But you’re still holding on and not going bankrupt.”
The Baron looked bitter.
“Because our ancestors have left us with so much.”
It’s not just for that reason.
If he had used his personal assets he would have gone bankrupt long ago but it is presumed that he is able to endure such astronomical losses because he used a financial institution owned by the Baron.
“Furthermore thanks to Representative Morgan’s special assistance we were able to sort things out before things got any worse.”
Morgan.
Here comes that guy’s name again.
“Your Majesty please help me too.”
The Baron shamelessly asked me for help.
I leaned back on the sofa and pretended to be slightly drunk.
“It looks like they haven’t completely sorted out short selling yet.”
“Yes. Unlike ESSO or SOCONY the liquidity of SOCAL shares on the market is small.”
All three are legacies of the old Standard Oil.
Asso is New Jersey.
Soconi is in New York.
Because SoCal is a branch based in California.
“Thanks to that I am still struggling and unable to settle the accounts.”
“Oh like that.”
“I was planning to go see Representative Rockefeller before meeting the Prince… but I thought he would propose even harsher conditions than the Prince.”
Yeah that’s right.
Unlike me Rockefeller is sincere.
I’m talking about revenge.
“Furthermore in the case of Sokal it is now a company owned by the prince… I thought it was right to talk to the prince so I came all the way here.”
“I see.”
I nodded and made a gesture of agreement with the Baron’s argument.
“But you know I don’t think we’re close enough to ask me for such an important favor.”
As I made a slightly troubled expression Baron Rothschild rummaged through something in his arms.
“The price has been prepared sufficiently.”
A document appears.
I quickly received it and read the contents and there was something interesting written inside.
“It’s the management rights of Chase Bank.”
“yes.”
“hmm….”
The Baron made a slightly anxious expression as he held the horse’s tail long.
“You don’t feel like it?”
“After this incident isn’t the Chase Bank you own just a nameplate? The car and the gun are gone and all that’s left is a rag…”
People who know how to make money in America have noticed that the banks owned by the Barons are not what they used to be.
It sounds like they’re slowly withdrawing money.
I gave Chase Bank a once-over and gave it a nonchalant look.
“But the value of the name helps me whether I know it or not.”
“….”
“Isn’t it time for Your Majesty to own an investment bank? It would take a lot of work to transform American Trust into an investment bank.”
The Baron sighed and suddenly began to complain.
“In the case of Hanover Bank a significant portion of the shares were transferred to our parent company. In the case of Chemical Bank about half of the shares were transferred to Morgan.”
So before you come to me.
That means all the valuable assets in the United States have been handed over.
“I guess you plan to focus on Europe for the time being.”
“Yes that’s right.”
“But seeing as they haven’t completely backed out it seems they still have feelings for the US.”
“….”
When I see you being silent.
I guess I should interpret it positively.
He said he would come back whenever he got the chance.
“Please review my proposal and if interested contact me immediately.”
“Ah! Before I go back….”
I briefly stopped the Baron from leaving.
“I have a favor to ask.”
“Please speak.”
“Just in case.”
< Termination of Contract (2) > End
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