Big Deal (2025) Movie Script
1
South Korea Seeks IMF Bailout
The government has eventually
decided to seek IMF bailout.
Amid ongoing financial difficulties,
Gukbo is now reportedly
on the brink of bankruptcy.
Concerns are growing over the
future of the beloved soju brand.
BIG DEAL
1997, New York
In-beom, where are you?
Almost there.
Should I just go to the
Asia special task force?
No, go straight to see Mark.
He wants you to
give a briefing on this.
In-beom, don't screw this up.
Solquin Global Financing Group
Follow me.
Am I even allowed to go in there, sir?
Just present your report.
And don't fuck this up.
Now, tell me about you.
Bachelor from Seoul National University,
MBA from University of Chicago,
three years at Bearstons,
three years as an Associate
Analyst at our firm.
South Korea is facing a
series of bankruptcies
following collapses of Hanbo
and Sammi last spring.
In-beom?
Get to the point. We know Korea.
At least 30 corporations
will be on the M&A Market
following a series
of bankruptcies soon.
That's why I propose
establishing a branch in Seoul.
If we don't have that immediately,
all our rivals like Lehman,
JP, Deutsche,
and even small hillbilly banks like Lone Star will
fucking swarm in to take what should be ours.
Our first target is Gukbo.
In a country that has the highest
alcohol consumption in the world,
they make the best soju in Korea.
And they have... never lost money.
Gukbo
Amid harsh criticism of reckless
expansion and management,
and under mounting
pressure to repay its loans,
Gukbo has defaulted today
on six of its key subsidiaries.
Gukbo defaulted after
failing to cover 8.25 billion won
in promissory notes from
nine financial institutions.
So, what's the president's stance?
They won't talk with us anymore
if we don't come up with a
concrete recovery strategy.
They had no problem pocketing my money
during the election, those fuckers.
There are reporters outside.
Rude little shits...
Chairman.
The public has started a
"Save Gukbo" campaign.
Shouldn't we do something
from the company's side too?
You heard, right?
We won't go down that easily.
We absolutely will not fail.
We're Korea's number one soju brand,
how could we possibly go bankrupt?
But the fucking media,
they're spinning it like Gukbo's fall
is coming from reckless expansions.
I don't regret the expansions.
Well, this is war now.
Get out!
- Director Pyo.
- Yes, sir?
Go meet them.
It's an up-and-coming law
firm, and I hear they're sharp.
They're snatching up consulting
gigs from all the big ballers.
Understood, sir.
Mumyeong?
Koo Young-mo
Gukbo - Director Pyo Jong-rok
If you'd invited me to your
office, I'd have gladly come.
Well, yes.
I just came to watch
your trial out of curiosity.
- Well, then...
- Okay.
Excuse me, Mr. Koo.
May I ask your thoughts
on today's verdict?
Well...
The merger of subsidiaries and the defense
against foreign capital had a favorable impact
and strengthened Taeseong Group's
hold on management rights...
Had a favorable impact...
But it can't be considered an act
aimed at succession of control.
You should file for composition.
Composition?
A request to mediate a deadline
extension for you to repay the debt.
Your management rights will remain
100% intact during that time.
I've never heard about this before.
It's a newly implemented system.
Gukbo would be the first to use it.
If approved, you'll only pay interest for
five years while restructuring subsidiaries
and liquidating assets, all
while maintaining control.
Then, in five years,
repay the principal.
And if we can't repay in five years?
Creditors could file for
bankruptcy with the court.
First, file for the composition.
Then find a consulting firm
to help you repay the debt.
Most creditors prefer responsible repayment
rather than dragging things through the court.
If you get us the composition,
I'll have Mumyeong handle
all of Gukbo's legal affairs.
I'll give it everything I've
got. You can trust me.
- I'm counting on you.
- I won't let you down.
Gimpo International Airport
Mr. Choi In-beom?
Nice to meet you, I'm Back Sung Bin.
I was sent by Director Gordon,
head of Solquin Hong Kong.
He told me to bring you in, but
there's no corporate car yet,
so I came in mine.
Where is Director Gordon now?
Macro Building in Gangnam,
he said to bring you there.
Sir?
Didn't you say you start next week?
Enjoy your free time
while you still can.
I can borrow your car, right?
Macro Building
Thanks for your time.
Now I understand why they
sent you from New York
when I insisted on bringing
my team from Hong Kong.
Why's that?
'Cause you're fucking Korean.
I haven't been back in ten years.
Won't be able to make deals
through personal connections.
Great. That just closed the deal.
Use this space as
your temporary office.
Cheers.
I read your report.
Gukbo.
Unbelievable. Koreans
drink soju every day.
Happy, sad, bored, they'll find any possible
excuse to pour out soju like tap water.
How can a company that
literally prints cash go bankrupt?
I know. It's time for Koreans to
put away that bitter drink, I guess.
Gukbo filed for composition yesterday.
They're gonna need a
plan to pay back the debt.
They'll need a consultant.
I'll push them right away.
Yeah, use this office. I'm here three
days a week. The rest, in Hong Kong.
Oh, how is the kiddo who
picked you up from the airport?
I thought you might
need a Korean sidekick.
He flew to Hong Kong as
soon as I asked for an interview.
How do I keep you updated?
Phone, mail, Messenger, whatever.
This is your turf, bud.
Home field advantage.
It's your shot. Don't fuck it up.
I never imagined Solquin would
open a consulting branch in Korea.
Timing really is everything, isn't it?
Chairman Seok, it's a great honor
to have you as our first client.
It is our great honor to
have you as our first client.
Thank you.
- Director Pyo.
- Yes, sir.
A press release about Solquin being our
consultant should put the creditors at ease, no?
- Certainly.
- If you trust us,
we'll deliver the outcome
you're looking for.
I'm sure you've seen the data.
We would need some
restructuring, right?
Yes, Chairman.
Out of the 20 subsidiaries, sell off
12, including Gukbo Distribution,
and declare bankruptcy for
all non-core businesses.
Director Pyo, are you sure
we showed them everything?
Yes, we shared everything we could.
Sell off 12 subsidiaries
and bankrupt the rest?
We're not that far gone, are we?
We reviewed the data thoroughly.
You'll need over two trillion won to
meet debt obligations in five years.
If you sign an NDA, we'll show
you the rest of the data.
Chairman, we haven't yet signed
a consulting agreement with them.
It's currently under review
at Solquin Hong Kong.
If your concern is about trust...
It's not that we can't trust them,
but that particular information
may need more consideration.
If there's additional material, of
course we'll review it thoroughly.
And as you said, you should be cautious,
but let me make one thing perfectly clear.
Chairman, Solquin will prevent
the final collapse of Gukbo.
And we'll protect your
control over the company.
I skimmed through all the documents
including restructuring plans,
assets, financial conditions,
cash flow, marketing, export strategy.
Here's the strategy.
First, we gobble up as much
of their bonds as possible
under the name of Stone Investment.
In a few years,
this shell company will be the largest
shareholder of Gukbo in Korea.
We are only financing 100
million dollars for this project.
Like, how could we possibly control
a large company like Gukbo?
What percentage of Gukbo
bonds should we be securing?
The bonds are being
sold dirt cheap right now.
Our goal is to buy in at 10% of the face
value, securing about 30% of Gukbo's bonds.
Are you confident we can bankrupt
them with only 100 million?
Absolutely.
Our advice for retaining
management control
is the sale of stakes in overseas
subsidiaries to secure liquidity.
Among the overseas branches, Gukbo
Japan holds the highest market value.
Mr. Choi? Mr. Choi?
Excuse me.
Do you have time to stick
around a little longer tonight?
Yes, of course.
I was actually hoping to grab
a drink with you anyway.
It's not really about the drinks.
There's a place I'd like to show you.
I see.
Sure, we can do that.
I'll head down first, then.
Now the finance chap
is flirting with me.
Doesn't look so easy to me.
They've inflated their size to
pretend to be a large corporation.
But the Chairman is the only
one who calls all the shots.
In Korean society, there is always
that one person who is sucking up.
But you know, it's all fake.
First, let's feel him up.
Gukbo's original symbol was
the legendary flying horse.
But eventually, it changed
to the tiger we use now.
After the Korean War, the late chairman said
that the Korean Peninsula resembled a tiger...
Chief!
There he is.
How have you been?
This is our newest
product called Top Soju.
Would you like to taste it?
- Right now?
- Yes.
It's bitter and sweet.
That's right.
That's soju for you, bittersweet.
Kinda like life, don't you think?
Is that all? There should be
something else you're tasting.
- It's...
- It's?
- A bit...
- A bit...
It's...
- Smooth?
- It's smooth.
- It's got that smoothness.
- Yes.
And...
It's somewhat...
Fresh?
Yes, it's fresh.
We were going for a smooth and fresh
drink, and you tasted it perfectly.
You did good.
We need a firm...
that works like it owns this company.
I'm sure as a major firm, Solquin
won't go all in just for a retainer,
but we need a partner
who'll ride or die with us.
Sir, this might be a bit out of line,
but why do you care so much?
What do you mean?
What I mean is...
Does the company properly reward you?
You seem genuinely loyal.
Come on now...
It's not about loyalty.
I've always liked soju, so I
love working at a soju company.
And when the company
does well, I feel good too.
When the company's struggling,
it weighs on me too.
Chairman Seok is lucky to have you.
Stop it.
Looking at you makes me think my
father must have been like you at work.
He's retired, I take it?
He passed away ten years ago.
He was always busy, so I
don't have a lot of memories.
Damn...
He used to love Gukbo soju.
- Director.
- Yes?
I'll do my best, like
it's my own company.
Thank you.
Let's drink to that.
This stuff is like nectar!
One moment, please.
Let's drink properly tonight.
Here!
- Cheers!
- Cheers!
Have you heard of the
Gukbo herbal tonic?
Allow me to demonstrate.
First, you add an egg yolk!
Pour in the herbal tonic,
and that's how you make
the Gukbo herbal tonic!
Here! Bottoms up!
- I can't drink this.
- Come on.
It's great for your
health, give it a try.
How am I supposed to drink this?
Just swallow it all!
You people are savages.
When are we going home?
It's time to go to work.
We should consider selling
the training center too.
Wow, look at the time.
Let's grab a meal with
a little drink on the side?
- Sound good?
- Sounds good!
It's market research.
- Hello!
- Hello!
- It's gotta be...
- Top!
- Top!
- Top!
- I work for Gukbo.
- What's this?
It's our new product. Give Top a try.
- We'll take a bottle!
- Yes! Coming right up!
In-beom! Over there, those folks...
He'll bring it over! Go on.
This is Gukbo's brand-new soju.
It's... smooth and fresh.
All right, time to go home!
- Let's go.
- Wait, wait!
That's it, no more! Let's go!
The boys threw up, so
they must be hungry!
You need to go!
Thirsty?
Let's have a drink.
The court has approved
Gukbo's composition request,
and after narrowly escaping collapse,
it'll retain management control
and be allowed to delay
debt repayment for five years.
Gukbo's sales increased last year,
boosting net revenue by 20%,
calling the strong
performance a relief...
Relief?
Which idiot said that to a reporter?
Relief? What a moronic thing to say.
Legal review of the first phase
of restructuring is complete.
The employees are likely
worried about the company,
so it's important to use
this to push for wage cuts.
Business Evaluation Report
It'll really hit them hard
if we cut wages by 20%.
Be a little understanding, Mr. Koo.
Pyo only sees the world
through a salary man's lens.
A very small lens at that.
Did you look into what I asked?
Of course, Chairman.
You can push forward quietly
with minimal manpower.
From now on, don't involve the
legal team, and talk to Pyo directly.
Yes, sir.
All right then. See you next week.
Certainly, Chairman.
Director Pyo.
Yes, Chairman.
We bought ourselves five years.
But what if we can't generate enough
cash, or can't make the interest payments?
We go into full receivership,
and the court takes my control.
I don't think that will happen.
- Director Pyo.
- Yes, sir.
Do you understand the
weight of my position?
How could I...
Founded by my father, and expanded
by me, Gukbo has a 70-year legacy.
Have a seat.
What I'm about to say stays between us.
Did you finish the list
of Gukbo's creditors?
- Schedule meetings with all of them next week.
- All thirty in one week?
Yeah, study Gukbo's relationship
with each creditor closely.
Sir, can we really gain control
of a company with just bonds?
Why do bonds matter?
Bonds are basically debt contracts.
When a company hits crisis mode,
the creditors become the real owners.
But...
Gukbo Launches Top Soju in Recovery Bid
It's smooth and fresh.
Sir, that could be considered a
breach of trust and embezzlement.
That's why this shell company
will be under your name!
Give the paperwork to Koo.
Use Gukbo Distillers' stock as collateral
and raise about 20 billion won.
I'm also considering selling off some
properties, but use that money to buy bonds.
This is our insurance policy.
You get what I mean, right?
The money from selling assets
should go to paying off the debt.
Buying back bonds is...
Above all, self-dealing in
bonds is a serious crime.
You'll be in serious
trouble if this gets out.
Goddammit!
I can take care of myself!
Didn't my father once pay for your mother's
surgery after she got into a car accident?
I'm giving you a chance
to return the favor.
Get this done discreetly.
No one cares about our bonds yet.
We need to sweep them
up while the price is low.
Got that?
Yes, Chairman.
They'll sell off all the bonds
at 10% of face value.
Is that so?
It's next to nothing.
Okay!
Buy 300 million won worth
from Daeyoung Securities.
You serious about buying these bonds?
I've been stressed over them anyway.
Now that you want them, maybe
I should hold onto them.
They're just trash in your pocket.
I'll pay a fair price,
so hand them over.
Are you here to buy Gukbo bonds?
Yes.
The bond we bought today
has a 13% interest rate!
We'll earn back the investment
in a few years with the interest alone!
Well... We could be looking
at a much bigger return.
Yo, Beom!
If you could buy your
Porsche for ten million won,
collect 13% in maintenance
fees, and resell it for 100 million,
what would you do?
The ball!
You wanna go, huh?
This boiled beef is killer.
How'd you even know about this place?
I came here a few times
as a kid with my dad.
But why do you play
basketball with your mouth?
Your moves are so predictable.
It's why you keep losing the ball.
Basketball's meant to be played with your mouth.
It's all about talking your opponent down.
Think you'll play as well
as me when you're my age?
We'll see, punk.
We won't see each other that long.
You ever think about dating?
Well, girls must hate you.
Always off to New York or Hong Kong...
- You're not exactly one to talk.
- Why?
Seoul's tiny, so you can
get anywhere in two hours.
Was it really that
hard to just go home?
You look like your kids abandoned you.
Unbelievable.
Why are you chugging so fast?
Go easy, I can't take you home tonight.
You're making me thirsty.
A recent expose uncovered illegal
betting on golf matches among CEOs...
Those sons of bitches!
And one of them turned out
to be Chairman Seok of Gukbo.
Yes, he's definitely
the Gukbo chairman.
He comes by often,
so I know his face well.
He usually bets between
300,000 and 500,000 per stroke,
but he was betting a million that day.
Taxpayer money is being
used to delay bankruptcy,
and citizens rally to save
Gukbo by buying their soju
- to help sales recover.
- They still haven't got it together.
- But the chairman is deceiving
- Easy, easy.
the public and the government
while playing high-stakes golf.
Ma'am, we don't want Top Soju!
Give us something else!
I'll take that Top Soju!
Sure.
Another Top, please!
A bottle of Top!
Director.
Another drink?
I Love Gukbo!
Workers face wage cuts, while the
execs are playing high-stakes golf!
Incompetent and corrupt
Seok must step down!
- Step down!
- Step down!
Seok Jin-woo must step down!
- Step down!
- Step down!
Seok Jin-woo must step down!
- Step down!
- Step down!
Seok has ignored our blood and tears!
He must resign!
- Resign at once!
- Resign at once!
I don't think today's the day for this.
We've got our final
meeting with Solquin today.
I believe we should proceed.
Shouldn't we call the cops?
If we do that, the media
will just make it worse.
Please give me ten minutes.
Chairman.
Stupid bastard.
He's brain dead, so
he's getting physical.
I hope you can understand.
We'll reschedule the meeting.
I'll be in touch before flying out.
Okay!
In-beom!
Why did you bother coming?
Just wanted to give you
some meds, that's all.
Why'd you buy so much? They've
got this in Hong Kong too.
I'm kinda sad you're leaving.
Things started going well after we met.
I'm really grateful.
Don't drown your sorrows just
because we sold the basketball team.
You have to take care of yourself.
Yeah, you're right.
I have no one to drink with anyway.
Sohn just had a baby.
So I literally kick him
out of the office at seven.
I tell him not to end up like me.
Call me when you're back,
we'll grab another drink then.
Take a vacation and
come visit Hong Kong.
No one up top even notices
you're working yourself to death.
Look who's talking. You and I are
the same, a couple of workaholics.
I'm off.
All right. Safe travels.
Thank you for this.
Bye.
1998
2003
5 years later
Bet you want to lower the stakes now.
Repayment 3 days overdue
We can still lower it if you want.
Shut up. Just stick with a million won!
I heard Gukbo Japan is
being sold to Osaka Beer.
It must sting, selling off
a golden goose like that.
It was doing well in Japan.
What can I say? Got no other options.
Just gotta carve off a piece
and stitch things back up.
It's almost done.
Pyo must've gone to hell and back.
What's that dumb-ass ever done?
Solquin charged a fat fee and
handed him the whole solution!
Where the hell is the update?
Director!
How did it go?
Osaka Beer is asking
for just two more days.
Can't tell if they're
stalling or serious.
We'll have to wait it out, then.
They're still coming to Busan, right?
- Well, it's...
- Sit, come sit down.
Okay.
We're already three
days past the deadline.
Feels intentional, doesn't it?
The court approved the
repayment extension, right?
Not yet.
I'm sure it'll go through.
They know we're negotiating
with Osaka Beer.
Don't worry.
Osaka won't back out of the deal.
The creditors won't panic just
because we're a few days late.
Let's head back to Seoul for now.
Yes, sir.
I'll call the court again
to confirm we'll repay.
We've long wanted to
expand into the soju market.
So when we heard about Gukbo
Japan's sale, we moved fast.
But the offer you made for Ginjo
Soju was too good to pass up,
so we had to reconsider.
Under the name of Stone Investment.
In a few years,
this shell company will be the largest
shareholder of Gukbo in Korea.
We are only financing 100
million dollars for this project.
Like, how could we possibly
control a large company like Gukbo?
So my second strategy is, we collect
bonds from its overseas subsidiaries,
so that Gukbo cannot
easily react to it.
The highest value of its overseas
subsidiary is Gukbo Japan.
They have to sell it
to pay back the debt.
Since it's their best performer,
I'm gonna convince them to
hang on to it as long as possible.
We'll make a move... at that moment.
So it's pretty obvious that Osaka
Beer will drool about that company.
They only just need another liquid company
that could potentially sway Osaka Beer.
They'll need to dangle Gukbo until
they miss the golden hour window.
We've decided to purchase
Ginjo Soju instead of Gukbo.
Let's get started on the MOU today.
I'm really sorry to say,
but we got a call from Ginjo Soju this morning
saying they want to renegotiate the sale price.
If you could give us a little more
time, we'll try to talk them down.
Though, I can't promise anything.
What is this?
We only considered Ginjo Soju, with
Gukbo's acquisition practically sealed,
because Solquin, as a trusted intermediary,
proposed a very generous offer!
Right now, all we can say on their behalf is that
they're asking for about a 30% price increase.
Call Gukbo Japan.
Hurry.
Yes, sir.
Yes?
Yes.
Yes, I understand.
Director Pyo!
Yes?
Osaka Beer wants to meet immediately.
They're here?
Yes.
- All right, get us a cab.
- Right away.
Taxi! Taxi!
Over here!
The review process took
longer than expected.
We deeply apologize for the delay.
You've apologized, so
I won't press it further.
Thank you.
Please, let's sit.
Let's proceed with the contract today.
Certainly.
What's going on?
- Pardon?
- Gukbo Hong Kong's creditors
have reportedly filed a lawsuit in Japan
claiming ownership of Gukbo Japan!
That can't be right.
What's he talking about?
Excuse me.
Gukbo Japan's been hit
with a trademark lawsuit
Trying to sell during an
active legal dispute?
This is unacceptable.
Let's go.
Mr. Kono. Mr. Kono. Please, wait!
- One moment please, Mr. Kono!
- Mr. Kono, please!
Hold on a second.
It feels like the Hong Kong creditors
are stirring things up on purpose.
But why would they?
- Hello?
- Director!
The rep of the Hong Kong
creditors turns out to be Solquin!
Solquin?
All right, this hole is
two million per stroke!
Chairman!
What?
- You goddamn moron!
- I'm sorry, sir.
How the hell are you
even doing your job?
Solquin knew everything about
our overseas bond situation,
and they played both sides.
Speak plainly, for fuck's sake!
They advised us to sell
Gukbo Japan to Osaka,
- but they sabotaged the...
- Those sons of bitches!
What the hell do they gain
from blocking the sale?
What do they gain by
filing a trademark lawsuit...
Wait a minute.
The sudden delay in the
Osaka deal feels off.
They're after management control!
Stop them, no matter what.
You have to stop them!
Stop them!
It's smooth and fresh
You're one step too late.
You missed the 1.7 trillion won
repayment deadline by three days.
Solquin has filed for Gukbo's
bankruptcy as a creditor.
Now the court will decide.
You really did this to me?
Are you...
really the In-beom I know?
Seeing all our confidential documents, our
profitability made you change your mind?
So you started buying up
our bond behind our backs?
Or...
did you approach us from the
beginning because this was your goal?
We legally acquired the debt
from Stone Investment.
Stone held Gukbo's bonds, and
we paid for them fair and square.
Are you being serious right
now? Who do you take me for?
If you were genuinely just investors, you
never should've approached us as consultants!
Call it "advanced
financial engineering."
What?
You learned your lesson,
so feel free to benchmark us.
You really are trash.
"Advanced financial engineering"? You call
backstabbing clients advanced finance?
Mark my words, we're not
going down without a fight.
You really think the creditors
will agree to the bankruptcy?
Most of the creditors are Koreans.
Will they just hand over
Gukbo to a foreign firm?
Fucking hell!
That naive belief that the
creditors will try to save Gukbo.
That mindset is totally wrong.
That's exactly why you're losing!
Do you hear me?
You're afraid of nothing, huh?
Why would a thief be
scared of anything?
We don't go after just anything.
We pounce when we see a weakness.
Because we're a company with
weaknesses, it's fair game to attack us?
Alright, alright, alright.
Alright, listen up, listen up!
To this fucking asshole
who killed the first step.
Cheers!
- Cheers!
- Cheers!
Phones are ringing off the hook
in Hong Kong. It's been insane.
Gukbo probably clued in, right?
They'll sue, won't they?
Now call me anytime if you need help.
This is gonna be messy.
Fighting for creditors, and
fighting with Gukbo in court.
You don't really like them, do you?
Yeah.
He irritates me.
He knows nothing of the world.
But somehow, his stupidity makes
me feel like... I'm a fucking asshole.
Solquin will focus on rallying
creditors who support bankruptcy.
The majority's stance will heavily
influence the court's decision.
So this ends up in court?
Isn't there any way to overturn it by
revealing Solquin's double-dealing?
Chairman, the truth is, Gukbo
failed to repay its debt on time.
We can't cancel the application
now that it's been filed.
As for Solquin violating the NDA,
Gukbo will need to prove that in court.
Solquin won't readily admit it.
Shit.
Pyo got played like a puppet for
five years. Can you believe this?
How did he not suspect anything, and
blindly believed every word they said?
Let's not get too discouraged.
Not many Koreans want to see Gukbo
handed over to a foreign company.
Isn't Top Soju practically
the national drink?
Use public opinion to your advantage.
A good number of creditors
will oppose the bankruptcy.
Focus on securing as
many of them as possible.
We need to buy more bonds.
I'll scrape together ten
billion by the end of the week.
So buy some more.
At this rate, it's all over for us.
Damn, Solquin really is something else.
Their M&A strategy
is insanely calculated.
Global investment firms
really are on another level.
You call that an M&A strategy?
That's called a con job!
You should know better,
working as a financial supervisor.
Dude, to be honest, if
it's not technically illegal,
even fraud counts
as financial strategy.
Speculation and investment
are basically the same.
Tanzania earns 3 trillion a year
and splits it among 25 million people,
while Solquin makes 3 trillion a
year and splits it among 160 people.
Shut up and drink.
Save Gukbo Campaign HQ
It's our honor to meet you.
You can save Gukbo only by
filing for court receivership,
and finding a specialist to
confidently manage the company.
Please help save Gukbo. Thank you!
- We ask for your support.
- Sure.
Please help.
We had more than enough
time, but Solquin...
Chairman Seok recklessly
created subsidiaries,
using top-selling Gukbo
Soju as collateral, didn't he?
His vanity ultimately put a solid
company like Gukbo in jeopardy.
These documents prove that
Solquin disrupted the sale of Gukbo Japan,
which prevented us from repaying our debt.
If you look at page three,
there's a report from Solquin itself
advising us to sell Gukbo Japan.
At that time, Solquin had already
created a shell company...
Chairman Seok will never
be able to revive Gukbo.
He has shown no remorse
for his own mistakes
and insists he's the only
one who can run Gukbo.
Would you really entrust this
company to such a self-serving man?
Creditor Overview
April 28th, 2003
If the sale of Gukbo Japan
hadn't been blocked,
we could have easily repaid the principal,
and been on the road to recovery!
The way to save Gukbo is to find a new,
competent leadership through court receivership.
Solquin states that there is
a strict "Chinese Wall" between
consulting and investment departments.
They claim that Gukbo's allegations of insider
information sharing simply aren't possible!
What is a "Chinese Wall"?
It's an information
barrier preventing firms
from using consulting data
for their own investments...
The trial begins next week.
Any thoughts on the court
now deciding Gukbo's fate?
Solquin, a global consulting firm,
came in under the guise of an advisor
and took all of our internal secrets.
They secretly bought up bonds,
and now they're trying to take
over Gukbo's management itself.
We trust the court will
deliver a fair judgment.
Do you realize we've been
working 115 hours a week?
And I'm not even getting a bonus.
Isn't getting posted to
New York your bonus?
That's true.
62% of creditors still oppose
to bankruptcy, is that true?
61% actually.
I found that Chairman Seok made a size able
slush fund to get the current president elected.
If an arrest warrant is issued, and he's
forced to stand in the police lineup,
more than half the creditors
will change their minds.
No, it's not enough.
Slush fund doesn't feel dirty enough.
Put yourself in the
creditors' position.
They'll think Chairman Seok is doing
whatever he can to save the company.
How about an audit?
Link them to national tax service.
They go after companies that
barely survive the IMF crisis?
That's not a bad idea because we need...
we need something bigger than a tax audit.
Who knows Gukbo like we do?
That law firm?
Mumyeong has been in charge of Gukbo since
the approval of the composition in 1997.
They represented Gukbo
for the last five years.
They would damn well know Gukbo's
fucking weaknesses. Which means...
they're the perfect partner for us.
Gukbo can approve. Solquin's internal departments
have been sharing information with each other.
But it's illegal for Mumyeong
to be partnered with us.
It's a conflict of interest with
the Korean Attorney-at-law Act.
This plan could
backfire on us. Big time.
Hey, Beom. You wanna win?
Then you accept the risk,
okay? Let's figure it out.
Remember, information is king.
High risk, high return.
Law Firm Mumyeong
- Please have a seat.
- Thank you.
So, Solquin is finally our client.
Are we?
We've actually been wanting
to go global for a long time.
Since Korean laws are different
from the U.S., you need a friend here.
We'd be more than
happy to be a partner.
Wow, I'm glad to hear that.
Mumyeong served as
Gukbo's legal representative
from the composition approval
to the recent restructure.
Given your close ties to Gukbo, is it
legally feasible for you to work with us?
Of course, it's not a problem.
The law is like a spider web.
Small bugs such as flies and
mosquitoes get caught and die.
But large animals like birds fly
through without a worry in the world.
I know exactly what
you're worried about.
The provisions of the Attorney-at-law
Act is a conflict of interest.
But we can proceed without
violating any regulations.
There are plenty of law firms
that will gladly be our puppet.
Aside from the law, are you
okay with this, personally?
I mean, you have an amicable working
relationship with Gukbo, I heard.
Haven't you also had an
amicable relationship with Gukbo?
It's the job of the court to make
moral decisions and judgement.
Law firms simply decide
which clients they work with.
Does that clear everything up?
We can force Gukbo
into declaring bankruptcy.
And I'll put Gukbo in your path.
Your Honor.
Gukbo is a highly capable company,
generating over 200 billion won
in operating profit annually.
First Hearing
As Top Soju has contributed significantly to
Gukbo's recovery since it launched in 1997,
they got to fully meet
its composition terms.
Furthermore...
Why isn't Mumyeong handling
such an important trial for us?
They suddenly backed out.
They declined twice,
so I stopped asking.
The opposition is a firm called 2K,
- I've never heard of them.
- Your Honor,
may I read a petition that the Gukbo labor
union asked me to present to the court?
Keep it short.
When executive mistakes put our company in crisis,
Gukbo's 10,000 workers took to the streets,
promoting Top Soju
wherever alcohol was sold.
Their efforts brought in 200 billion won
in profit and boosted market share,
and full recovery was within our grasp.
If Gukbo is declared bankrupt now, all our
hard work would be dismissed and betrayed.
That's right. Gukbo is a solid
company with strong operating profits.
Both the creditors and the public
want to see Gukbo revived.
Which is exactly why Solquin
filed for Gukbo's bankruptcy.
Because under corrupt
leadership, Gukbo's future is bleak.
- Your Honor!
- Your Honor.
I'm explaining the justified distrust
toward Gukbo's current leadership.
You can continue.
For months, rumors of Chairman
Seok's embezzlement circulated.
And people said it wasn't just
some baseless market gossip.
Yesterday, prosecutors officially launched
an investigation into Chairman Seok.
There's strong suspicion he used
funds that should've been used
to repay company debt to
defend his control of the company.
Possibly through illegal practices
like buying back company bonds.
Was it you?
Were you running your damn mouth?
If not, bring me that bastard
Koo Young-mo right now!
If Mumyeong didn't leak that info,
how the hell would they know?
It's a violation of the Attorney
Act! This is illegal! No?
I'll look into it, sir.
Director Pyo.
We need to make use of this properly.
They say it's hard to prove Solquin
shared our info with their investment arm.
But with this, we can catch them.
We can nail them for this one!
Only Mumyeong had that info.
Sue their ass under the Attorney Act!
And expose Solquin to the media!
If you can't pin this down,
don't bother coming to work.
No, screw that, go kill yourself!
You should've known the second that
son-of-a-bitch Koo declined this case.
You should have figured it out!
You goddamn moron.
Plaque of Appreciation
It'll be hard to prove any ties
between 2K and Mumyeong.
Those clever bastards
wouldn't leave a trace.
The prosecutor on Seok's case won't
let go once he sinks his teeth in.
This doesn't look good for Gukbo.
Stop blaming yourself.
There's nothing more you can do.
Letter of Resignation
Let me ask you one thing.
Like you said, Seok is a bastard.
And I'm trash for standing by him.
But...
what did the employees do wrong?
I don't care about
anything else, so tell me.
If you take over the company, do
you actually plan to run it properly?
You're not...
gonna lay everyone off and
flip it for profit, are you?
There are many ways to make money.
Isn't there the freedom to
earn money in this country?
You call firing hardworking
people a freedom?
Do you even think about
how they'll struggle just trying
to keep up with tuition
or mortgage payments?
You knew Chairman Seok
was buying up bonds...
with company money.
That was your freedom too.
I admit I made the wrong call.
But I thought helping him was the
only way to keep the company afloat.
For the employees to survive.
Just do me one favor.
For the sake of your bonuses,
people are gonna end up on the streets.
Just think about that
for even one minute.
At least you.
Next on the news.
Early this morning,
a man in his fifties jumped from
Gukbo's Namyangju factory rooftop.
The man has been confirmed to
be an executive at Gukbo Group.
He was transported to a hospital
after being found by a factory worker.
Gukbo's sales are incredible!
It's a real golden egg.
Soju really is a unique business.
Top Soju was released in 1987, 100
million bottles were sold in 6 months.
3 billion bottles, 3 years. That's 85
bottles per adult. Can you believe that?
Okay, so when Gukbo
enters the M&A Market,
the competition to secure
it is going to be tight, right?
Abso-fuckin-lutely.
Alright, once the
bankruptcy is declared,
you gotta delay the sale
as long as possible, alright?
Jack up the price by
jerking the bidders around.
By the way, have you
appraised Gukbo yet?
Yes, it was appraised at 2 billion dollars,
but it can be raised up to 2.2 billion.
And what's the expected return?
If Gukbo gets sold at a
raised valuation of 2.2 billion,
it'll be...
600%.
Don't tell me you're jumping
into bed at 2.2 billion?
I'll get some articles going in several publications
and say that Gukbo is undervalued.
Wall Street magazine, a couple of British
business magazines should do the trick.
We can buy those articles, no problem.
If the valuation is 2.2 billion, the
analysts will pump it up to 3.2 billion.
Adding a billion is not unreasonable.
- That's the sound of your bonus going up, buddy.
- Hey.
You'd better lick them lips
and get ready to suck my dick.
Hey, that's right. You are the man.
You manage to pull off this sale, I'll
put you in charge of Solquin Seoul.
Put in a recommendation for you,
that first Solquin branch in Seoul
that you proposed back in New York.
You're gonna build it.
This... This fucking
guy, his name is In-beom.
I think he should change his name to
Bomb, because he's gonna blow up Seoul
and make it his bitch.
Bomb!
Hey Beom.
You don't really wanna go back to
New York as an analyst again, right?
Push it all the way.
We've already spent a billion.
Headquarter wants this wrapped
up by the end of the month.
He was lucky to hit several
structural beams on the way down.
Truly a miracle, Chairman.
Aside from a torn kidney,
there's no major organ damage.
But he really needs glaucoma surgery.
- Glaucoma?
- If he doesn't get it soon, he could go blind.
No.
I'm fine for now.
They said you're being
discharged next week?
Yes.
Director Pyo.
Why did you do something so foolish?
If you had died like
that, what about me?
Do you know how much bond
is tied up in your shell company?
How could you try to kill
yourself without telling me?
I get it, you may be upset with me.
But to act so recklessly...
The prosecution's digging
into presidential slush funds.
I can't even change the name
on those assets in this climate.
This hospital's best
doctor worked on you.
This company saved your mother's life,
and now it's saved yours too, right?
Yes, thank you.
- Chairman.
- Yeah?
Once we get through this crisis,
please don't lay anyone off.
Of course! I promise.
Why would I fire the
staff? No way in hell.
You don't really wanna go back to
New York as an analyst again, right?
Push it all the way.
We've already spent a billion.
Headquarter wants this wrapped
up by the end of the month.
57% opposed
June 3rd, 2003
How are you doing?
Get to the point.
Have Sohn request
documents from the court.
Ask for 2K's list of
pro-bankruptcy creditors.
Then 2K will fax the
documents to the court.
At the hearing, ask the judge
to confirm the origin of that fax.
What are you scheming now?
You already know.
This case is being handled
by Mumyeong, not 2K.
I'm just getting that straight.
This may sound like a joke...
but I can't stand watching
lawyers break the law.
Just know that this isn't a scheme.
Law Firm 2K
Public outrage is still boiling over.
Revealing the Truth about Solquin!
The "Save Gukbo" campaign
is highly organized too.
The chairman's arrest warrant
will likely be issued.
We just have to time it right.
Ms. Jeon, the court wants the
creditor consent for bankruptcy.
- Send it.
- Yes, ma'am.
Cancel
Sir, I'll head out early today.
Go ahead.
Heading home?
Not yet. I got chores to
take care of at the firm.
You're working hard.
If you've got time, I
was hoping for a chat.
- Sounds good. I know a private members club...
- No, let's go to your office.
You've got work to do anyway.
Let me just make a quick call.
Yes, Your Honor.
I was in an important meeting,
so I couldn't take your call.
The Ieum Group case?
I'll get in touch with you tomorrow.
I've actually wanted to grab
a drink with you for some time.
I'm glad you've made
time for that today.
Is that so?
We're not too far apart in age,
and I was probably around
five years your senior at SNU.
Not trying to pull rank on my own
client, I just wanted to be friends.
If the Gukbo sale succeeds, Solquin
will open a branch here in Seoul, right?
I heard you're being
considered to lead that branch.
I think we can be long-term partners.
At Mumyeong, we prioritize
clients like Solquin above all else.
That's very kind of you to say.
Honestly, I never expected Mumyeong
to betray Gukbo and take our side.
Lawyers are bound
by the law, after all.
Well... American lawyers have been
corporate watchdogs for over a century now.
You seem upset, Mr. Choi.
Is there a problem?
No, it's just...
It makes you feel like there's nothing
you can't get away with in Korea,
and that honestly makes me pretty sad.
Mr. Choi.
I shouldn't be hearing
that from my junior...
so let me be rude to my
VIP client just this once.
Just stick to one thing,
you piece of shit.
Stick to making your
money with a smile.
Why pretend to be noble
while making money?
Stick to one story, you son of a bitch.
What a piece of shit.
Second Hearing
Your Honor,
Gukbo's legal advisor has been
Mumyeong for the last five years.
But they aren't representing
Gukbo in this case.
And there was no clear reason
that would've caused a rift.
However, behind 2K, who
is now representing Solquin,
there appears to be Mumyeong, who has
full access to Gukbo's confidential info.
That is outrageous.
That's just speculation with no proof.
I agree, it is outrageous.
But it's a blatant case of
unethical dual representation
and a clear violation
of the Attorney Act.
Your Honor,
this document was submitted to
the court by 2K and shared with us.
Please confirm whether
the sender is indeed 2K.
Come up and check it for yourself.
The document 2K submitted to the court shows
a fax number that matches Mumyeong's.
Koo Young-mo
Your Honor, this must be
some kind of mistake.
We'll need to verify
this matter further,
so the court is adjourned and this
hearing will be postponed to next week.
The second bankruptcy hearing
for Gukbo is set for next week.
Gukbo warns that citizens'
hard-earned savings, soothed by soju,
could end up in the hands
of foreign investors,
in an attempt to appeal to
the public and creditors.
With clear evidence of Solquin's
breach of confidentiality,
many believe the court is
likely to rule in Gukbo's favor.
Director.
Please get your glaucoma surgery.
I heard about it from the nurse.
You'll go blind if you don't get it.
Why did you do it?
Don't tell me it was
because of Chairman Seok?
I wasn't being impulsive.
And definitely not because of him.
After writing my resignation
letter that night...
I sat at my desk and
looked back on my life.
And I realized I'm a man
who only ever knew work.
My wife left, and so did my daughter.
All I had left...
was this company.
And if I lose it too, then
everything I've lived for...
it would all feel so empty...
and unfair.
That company you
care so deeply about...
Is it really worth throwing
your life away for?
I just don't get you.
I work myself to the bone because
I want a fat paycheck, bonuses,
and guaranteed promotions.
But that's not why you work!
So what the hell are you
working so hard for?
That's exactly what I wanted to
tell you if I ever saw you again.
That company is ruining you.
Someone as smart as you could get
paid well and promoted fast anywhere.
But do you really have to
make money the way you do?
I just can't wrap my head around it.
Come on.
How can making money
be sleazy or noble?
It's just making money!
You're seriously frustrating.
Director.
I can't go into the details...
but Gukbo can't win against Solquin.
Once Gukbo is sold, I'll be Solquin's
Seoul branch manager.
I can get you a job in finance.
I don't want dirty money, no thanks.
I figured you wouldn't bite.
What's with you?
I'm not doing this
for the sake of Seok.
Director.
No human can win against money.
But I think you might be different.
If that photo leaks, I'll be
the one under suspicion.
Approach the judge
privately, and persuade him.
This just came in.
At 2 AM following the pretrial hearing,
Gukbo's Chairman Seok was detained.
He's accused of securing a 20 billion
won loan through fraudulent accounting
and embezzling 15
billion won in slush funds.
Cheating or not,
it's best to win, right?
Pardon?
Director! Where are you going?
The big-shot lawyers are
arriving any minute now.
Sir!
Where'd you get this?
This is our smoking gun.
These motherfuckers are screwed.
I knew that judge was fishy
when he let the fax thing slide.
Should I throw this photo in
that bastard's face in court?
Chairman.
Doing so will endanger the source.
I promised them I wouldn't leak it
to the media or submit it in court.
They suggested blackmailing Judge
Koh directly to get the ruling we want.
Then what, you're gonna
threaten him yourself?
Who are you gonna send?
Even thugs don't mess
with judges nowadays.
How about sending a copy anonymously?
Pyo, I hear you. I'll
take care of it myself.
Chairman, I'll say it again.
Please don't leak or
use the photo in court.
Director Pyo!
Who gives a shit about the source?
With this kind of dirt, we need
to counterattack properly.
Leave it up to me!
The evidence I just submitted
is a photo of three individuals who seem
to be on good terms during a golf outing.
Mr. Choi In-beom of Solquin's Consulting Team,
Attorney Koo Young-mo of Law Firm Mumyeong,
and lastly, Judge Koh Joong-chun, the
very judge presiding over this case!
Order!
This court is now adjourned.
What's going on?
Don't you think you're gambling
too much with what you're doing?
Even after we got
Chairman Seok arrested,
it didn't change too much
with the creditors or the media.
That's why I need to blow
things up to get what we want.
Will that judge push
for the bankruptcy?
Judge Koh is a prime candidate to
be the next Supreme Court of Justice.
He was earlier humiliated
in his own court today.
That's like fucking with the judiciary.
And now, it's personal.
No matter the public opinion,
he will bankrupt Gukbo.
It's embarrassing.
But that's how Korean judiciary works.
Wow, you're really blowing
the shit up, aren't you?
In-beom, I'm sorry. I
couldn't stop the Chairman.
Regarding the key issues raised by Gukbo, this
court has reached the following conclusions.
First, Gukbo claims that Solquin obtained
confidential information under NDA
and shared it with the investment
division of Solquin Hong Kong.
However, evidence is
lacking to support this claim.
Second, Solquin was accused
of interfering with Gukbo's plans
to sell its overseas subsidiaries by
purchasing its foreign bonds in bulk.
However, the court found
no evidence of illegality.
Third, due to public
distrust stemming from
the chairman's embezzlement and failure to
repay debts despite being granted composition,
the court finds Gukbo's
rehabilitation unlikely.
What the hell are you saying?
- Order in the court!
- What are you doing?
- Calm down.
- Quiet, please.
Therefore, the Seoul District Court hereby
declares Gukbo bankrupt, effective immediately.
Why are you ignoring
the creditors' opinions?
59% of the creditors are
against this bankruptcy ruling!
- Really?
- Let's get into the car.
- You think so?
- Yeah.
Thank you for your hard work.
Thank you.
I'd love to interview you sometime.
Sure, sounds great.
If you feel like punching me, go ahead.
Why would I punch you?
If I were you, I'd throw a punch.
After getting outplayed all
this time, now I finally get you.
Took me a few hits to figure it out.
From the very beginning,
you've always been the same.
I was the one who foolishly...
misunderstood and assumed.
Director, a company is
just a place to make money.
Figure out what really
matters to you in life.
Something beyond the company.
May I have your attention, please?
First of all, I just want to say that we secured
Gukbo's management rights as the major creditor,
thanks to all of your fucking
hard work over the last five years!
I especially want to
say "thank you" to Mark,
who flew all the way from New York just
to put my fucking name on the bonus list.
- Thank you, Mark.
- You're welcome.
And to Julie and Linda,
from the Hong Kong office.
They've been riding my
ass on this deal for so long,
I prayed every fucking day that someone
would just erect that stupid Chinese wall.
Oh, and big thanks to Jiro from Japan,
who ate a lot of shit from Osaka Beer.
And last but not least,
I'd like to introduce a very important person
tonight, who made everything possible.
I endured that boring-ass
trial because of him.
Allow me to present to you,
ladies and gentlemen...
Mumyeong's Mr. Koo.
Oh... oh...
I'll keep it short.
Our most pathetic, high-maintenance
client, Solquin,
is going to sell Gukbo for
a fucking incredible price.
Until we get the best
return on our investment,
we, Mumyeong, will work our
asses off to make it happen.
I won't let my guard down
until that day arrives.
Your result is our result. Thank you.
Enjoy your night.
Come on, it's a fucking party.
Just enjoy it.
I heard it was you.
The one who handed over
the photo to attack me.
You dare come at me?
I hope you're prepared.
What is this?
Mr. Choi In-beom, you're under arrest
for embezzlement and intimidation.
Arrest Warrant
Let's not cause a scene.
Beom, I need to say this now.
Do you remember the contract you
signed before coming to Korea?
If disclosure of any
confidential trade secrets
acquired during one's employment
leads to lawsuits or damages,
the employee will be fined up
to ten times the damage amount.
Don't forget, Beom. You may
drown in debt until the day you die.
How could you have
gambled everything away?
I mean, why would you ruin
your life for the company?
You were the one who told me to
accept the risks if I want to win big.
But we're not the ones who locked you
up in here. It's that fucking judge.
He was desperate for that Supreme Court
Justice job, and you... You, right?
He gave us the verdict that we needed, we
gave him what he needed. Quid pro quo.
Koo took your shit in the middle.
Chill out here for a few
months. Then you'll walk.
Was this Koo's idea? Or yours?
This isn't a fight between us.
It's your country's
damn judicial system.
I hear your threat loud and clear.
Anything else?
I don't know if this is any consolation, but
the company will pay your bonus and salary.
You have my word.
Director Pyo.
How many bonds have we accumulated?
Around 230 billion won, sir.
230 billion...
Shit, I saw on the news that Solquin
raised Gukbo's price to three trillion.
They really are smart pricks.
The bond prices are going
up thanks to them, so...
That means I'll make
about 700 billion, right?
I still got it.
Even if I lost control, I
still wanted to make money.
Pyo, listen.
Sell the bonds at peak price and
invest it all in Hanbit Capital.
No, invest 400 billion in Hanbit, and
put the rest into Sangyong Electronics.
Got it?
Are you listening?
Do you know why you're sitting there?
What?
You don't know?
I think I do.
In the wild,
whether it's because you stepped on a thorn,
or because you got hit by a falling rock,
if you're a limping
pony, you're in trouble.
Everyone will go after that pony.
It's only natural that
the lion will eat it.
I think I'm ready to accept
that simple truth now.
I ought to thank the guy
who made me realize that.
What the hell are you talking about?
So even if you lost control, you
still wanted to stuff your pocket?
- You're laughing? You mother...
- Fuck you, you fucking bastard!
Buddy.
The shell company is in my name.
Why would I give you that money?
You fucking moron!
Think about the crap you've
pulled for the last 20 years.
You stupid bastard!
And your real mistake was thinking...
I'd stay loyal to you forever
even in a mess like this.
That's exactly why you lost!
You dumb bastard!
I'll put it to good use.
Take care, you son of a bitch.
Director Pyo! Pyo! Hey!
You... You idiot!
- Hey! You bastard!
- Motherfucker.
Get back here! I'm not
done talking to you!
Somebody stop him!
Let me tell you something!
Solquin, the representative
of Gukbo's creditor group,
has begun selling off Gukbo's
non-core subsidiaries.
Gukbo Group has laid off 50% of its employees
and entered a phase of aggressive restructuring.
With more than ten companies
bidding for Gukbo,
the bidding price is expected
to exceed three trillion won.
Hey hold on, hold on.
We just sold Gukbo for
an unbelievable price.
The fuck? What is it?
Come on, spit it out.
Sold for 3.4 billion dollars.
- 3.4 fucking billion dollars?
- Yes.
Fuck me, motherfucker! Yes!
Mark, 3.4 fucking billion dollars.
You better lick them lips
and get ready to suck my dick.
3.4 fucking billion dollars.
Alright.
Don't call me until tomorrow, okay?
I'm gonna fly to Hong Kong and
fuck the brains out of Julia. Yeah?
Oh.
Don't forget about In-beom's
bonus, alright?
You owe him that much. It was
you who gave him up to the judge.
You're a bad motherfucker.
Two years later
Noble Spirit
Weren't we going to
switch our rice supplier?
- Why did we get Hwang's rice again?
- Come on.
I'm telling you, this
place's rice is good.
I think it's the ratio,
not the rice itself.
Be honest, this
rice is better, isn't it?
Well...
- sometimes it is.
- Yeah?
And other times, not so much.
Don't look at him,
give it to me straight!
Look, boss!
Hey!
It's kinda silky... and more
natural, you could say?
Damn, he said it's silky!
That's so classy.
But what does that mean?
Like those old commercials,
"Smooth as Silk."
Get what I mean?
Are you doing well?
It's nice making everything together.
The real problem is we drink too much.
All the time.
You look good.
Yeah.
I'm good.
You should come stay here.
I'm going to Hong Kong.
Landed a job?
Not exactly.
A friend there got proof that
Solquin broke the Chinese Wall.
Gordon fired him, so he
took all the files to get revenge.
So now you're teaming up for revenge?
Director.
- I gave it some thought.
- Yeah?
There's no such thing as
"advanced financial engineering."
Cheating to make money is fraud.
In-beom.
Just live for yourself.
You've... really changed.
Sure.
You had a little
something to do with that.
Yeah?
You had something to
do with my change too.
Is that so?
How are we never in sync until the end?
Maybe that's our sync.
I'm off, Director!
Jeez.
Stay healthy.
Hope you hit it big.
Thanks.
In-beom.
Life's not that complicated, right?
So how should I say this...
Smooth?
Yeah, live a smooth life and...
Fresh?
Yes, fresh!
Let's live like that.
See you.
The soju company that inspired
this film went bankrupt in 2003.
Fierce bidding pushed the 1.8 trillion
won valuation up to 3.4 trillion.
Foreign investors with the largest share
reportedly made over 1 trillion in profit.
The Korean economy paid a heavy price to
experience advanced investment methods.
Yet, 20 years later, the story repeats.
South Korea Seeks IMF Bailout
The government has eventually
decided to seek IMF bailout.
Amid ongoing financial difficulties,
Gukbo is now reportedly
on the brink of bankruptcy.
Concerns are growing over the
future of the beloved soju brand.
BIG DEAL
1997, New York
In-beom, where are you?
Almost there.
Should I just go to the
Asia special task force?
No, go straight to see Mark.
He wants you to
give a briefing on this.
In-beom, don't screw this up.
Solquin Global Financing Group
Follow me.
Am I even allowed to go in there, sir?
Just present your report.
And don't fuck this up.
Now, tell me about you.
Bachelor from Seoul National University,
MBA from University of Chicago,
three years at Bearstons,
three years as an Associate
Analyst at our firm.
South Korea is facing a
series of bankruptcies
following collapses of Hanbo
and Sammi last spring.
In-beom?
Get to the point. We know Korea.
At least 30 corporations
will be on the M&A Market
following a series
of bankruptcies soon.
That's why I propose
establishing a branch in Seoul.
If we don't have that immediately,
all our rivals like Lehman,
JP, Deutsche,
and even small hillbilly banks like Lone Star will
fucking swarm in to take what should be ours.
Our first target is Gukbo.
In a country that has the highest
alcohol consumption in the world,
they make the best soju in Korea.
And they have... never lost money.
Gukbo
Amid harsh criticism of reckless
expansion and management,
and under mounting
pressure to repay its loans,
Gukbo has defaulted today
on six of its key subsidiaries.
Gukbo defaulted after
failing to cover 8.25 billion won
in promissory notes from
nine financial institutions.
So, what's the president's stance?
They won't talk with us anymore
if we don't come up with a
concrete recovery strategy.
They had no problem pocketing my money
during the election, those fuckers.
There are reporters outside.
Rude little shits...
Chairman.
The public has started a
"Save Gukbo" campaign.
Shouldn't we do something
from the company's side too?
You heard, right?
We won't go down that easily.
We absolutely will not fail.
We're Korea's number one soju brand,
how could we possibly go bankrupt?
But the fucking media,
they're spinning it like Gukbo's fall
is coming from reckless expansions.
I don't regret the expansions.
Well, this is war now.
Get out!
- Director Pyo.
- Yes, sir?
Go meet them.
It's an up-and-coming law
firm, and I hear they're sharp.
They're snatching up consulting
gigs from all the big ballers.
Understood, sir.
Mumyeong?
Koo Young-mo
Gukbo - Director Pyo Jong-rok
If you'd invited me to your
office, I'd have gladly come.
Well, yes.
I just came to watch
your trial out of curiosity.
- Well, then...
- Okay.
Excuse me, Mr. Koo.
May I ask your thoughts
on today's verdict?
Well...
The merger of subsidiaries and the defense
against foreign capital had a favorable impact
and strengthened Taeseong Group's
hold on management rights...
Had a favorable impact...
But it can't be considered an act
aimed at succession of control.
You should file for composition.
Composition?
A request to mediate a deadline
extension for you to repay the debt.
Your management rights will remain
100% intact during that time.
I've never heard about this before.
It's a newly implemented system.
Gukbo would be the first to use it.
If approved, you'll only pay interest for
five years while restructuring subsidiaries
and liquidating assets, all
while maintaining control.
Then, in five years,
repay the principal.
And if we can't repay in five years?
Creditors could file for
bankruptcy with the court.
First, file for the composition.
Then find a consulting firm
to help you repay the debt.
Most creditors prefer responsible repayment
rather than dragging things through the court.
If you get us the composition,
I'll have Mumyeong handle
all of Gukbo's legal affairs.
I'll give it everything I've
got. You can trust me.
- I'm counting on you.
- I won't let you down.
Gimpo International Airport
Mr. Choi In-beom?
Nice to meet you, I'm Back Sung Bin.
I was sent by Director Gordon,
head of Solquin Hong Kong.
He told me to bring you in, but
there's no corporate car yet,
so I came in mine.
Where is Director Gordon now?
Macro Building in Gangnam,
he said to bring you there.
Sir?
Didn't you say you start next week?
Enjoy your free time
while you still can.
I can borrow your car, right?
Macro Building
Thanks for your time.
Now I understand why they
sent you from New York
when I insisted on bringing
my team from Hong Kong.
Why's that?
'Cause you're fucking Korean.
I haven't been back in ten years.
Won't be able to make deals
through personal connections.
Great. That just closed the deal.
Use this space as
your temporary office.
Cheers.
I read your report.
Gukbo.
Unbelievable. Koreans
drink soju every day.
Happy, sad, bored, they'll find any possible
excuse to pour out soju like tap water.
How can a company that
literally prints cash go bankrupt?
I know. It's time for Koreans to
put away that bitter drink, I guess.
Gukbo filed for composition yesterday.
They're gonna need a
plan to pay back the debt.
They'll need a consultant.
I'll push them right away.
Yeah, use this office. I'm here three
days a week. The rest, in Hong Kong.
Oh, how is the kiddo who
picked you up from the airport?
I thought you might
need a Korean sidekick.
He flew to Hong Kong as
soon as I asked for an interview.
How do I keep you updated?
Phone, mail, Messenger, whatever.
This is your turf, bud.
Home field advantage.
It's your shot. Don't fuck it up.
I never imagined Solquin would
open a consulting branch in Korea.
Timing really is everything, isn't it?
Chairman Seok, it's a great honor
to have you as our first client.
It is our great honor to
have you as our first client.
Thank you.
- Director Pyo.
- Yes, sir.
A press release about Solquin being our
consultant should put the creditors at ease, no?
- Certainly.
- If you trust us,
we'll deliver the outcome
you're looking for.
I'm sure you've seen the data.
We would need some
restructuring, right?
Yes, Chairman.
Out of the 20 subsidiaries, sell off
12, including Gukbo Distribution,
and declare bankruptcy for
all non-core businesses.
Director Pyo, are you sure
we showed them everything?
Yes, we shared everything we could.
Sell off 12 subsidiaries
and bankrupt the rest?
We're not that far gone, are we?
We reviewed the data thoroughly.
You'll need over two trillion won to
meet debt obligations in five years.
If you sign an NDA, we'll show
you the rest of the data.
Chairman, we haven't yet signed
a consulting agreement with them.
It's currently under review
at Solquin Hong Kong.
If your concern is about trust...
It's not that we can't trust them,
but that particular information
may need more consideration.
If there's additional material, of
course we'll review it thoroughly.
And as you said, you should be cautious,
but let me make one thing perfectly clear.
Chairman, Solquin will prevent
the final collapse of Gukbo.
And we'll protect your
control over the company.
I skimmed through all the documents
including restructuring plans,
assets, financial conditions,
cash flow, marketing, export strategy.
Here's the strategy.
First, we gobble up as much
of their bonds as possible
under the name of Stone Investment.
In a few years,
this shell company will be the largest
shareholder of Gukbo in Korea.
We are only financing 100
million dollars for this project.
Like, how could we possibly control
a large company like Gukbo?
What percentage of Gukbo
bonds should we be securing?
The bonds are being
sold dirt cheap right now.
Our goal is to buy in at 10% of the face
value, securing about 30% of Gukbo's bonds.
Are you confident we can bankrupt
them with only 100 million?
Absolutely.
Our advice for retaining
management control
is the sale of stakes in overseas
subsidiaries to secure liquidity.
Among the overseas branches, Gukbo
Japan holds the highest market value.
Mr. Choi? Mr. Choi?
Excuse me.
Do you have time to stick
around a little longer tonight?
Yes, of course.
I was actually hoping to grab
a drink with you anyway.
It's not really about the drinks.
There's a place I'd like to show you.
I see.
Sure, we can do that.
I'll head down first, then.
Now the finance chap
is flirting with me.
Doesn't look so easy to me.
They've inflated their size to
pretend to be a large corporation.
But the Chairman is the only
one who calls all the shots.
In Korean society, there is always
that one person who is sucking up.
But you know, it's all fake.
First, let's feel him up.
Gukbo's original symbol was
the legendary flying horse.
But eventually, it changed
to the tiger we use now.
After the Korean War, the late chairman said
that the Korean Peninsula resembled a tiger...
Chief!
There he is.
How have you been?
This is our newest
product called Top Soju.
Would you like to taste it?
- Right now?
- Yes.
It's bitter and sweet.
That's right.
That's soju for you, bittersweet.
Kinda like life, don't you think?
Is that all? There should be
something else you're tasting.
- It's...
- It's?
- A bit...
- A bit...
It's...
- Smooth?
- It's smooth.
- It's got that smoothness.
- Yes.
And...
It's somewhat...
Fresh?
Yes, it's fresh.
We were going for a smooth and fresh
drink, and you tasted it perfectly.
You did good.
We need a firm...
that works like it owns this company.
I'm sure as a major firm, Solquin
won't go all in just for a retainer,
but we need a partner
who'll ride or die with us.
Sir, this might be a bit out of line,
but why do you care so much?
What do you mean?
What I mean is...
Does the company properly reward you?
You seem genuinely loyal.
Come on now...
It's not about loyalty.
I've always liked soju, so I
love working at a soju company.
And when the company
does well, I feel good too.
When the company's struggling,
it weighs on me too.
Chairman Seok is lucky to have you.
Stop it.
Looking at you makes me think my
father must have been like you at work.
He's retired, I take it?
He passed away ten years ago.
He was always busy, so I
don't have a lot of memories.
Damn...
He used to love Gukbo soju.
- Director.
- Yes?
I'll do my best, like
it's my own company.
Thank you.
Let's drink to that.
This stuff is like nectar!
One moment, please.
Let's drink properly tonight.
Here!
- Cheers!
- Cheers!
Have you heard of the
Gukbo herbal tonic?
Allow me to demonstrate.
First, you add an egg yolk!
Pour in the herbal tonic,
and that's how you make
the Gukbo herbal tonic!
Here! Bottoms up!
- I can't drink this.
- Come on.
It's great for your
health, give it a try.
How am I supposed to drink this?
Just swallow it all!
You people are savages.
When are we going home?
It's time to go to work.
We should consider selling
the training center too.
Wow, look at the time.
Let's grab a meal with
a little drink on the side?
- Sound good?
- Sounds good!
It's market research.
- Hello!
- Hello!
- It's gotta be...
- Top!
- Top!
- Top!
- I work for Gukbo.
- What's this?
It's our new product. Give Top a try.
- We'll take a bottle!
- Yes! Coming right up!
In-beom! Over there, those folks...
He'll bring it over! Go on.
This is Gukbo's brand-new soju.
It's... smooth and fresh.
All right, time to go home!
- Let's go.
- Wait, wait!
That's it, no more! Let's go!
The boys threw up, so
they must be hungry!
You need to go!
Thirsty?
Let's have a drink.
The court has approved
Gukbo's composition request,
and after narrowly escaping collapse,
it'll retain management control
and be allowed to delay
debt repayment for five years.
Gukbo's sales increased last year,
boosting net revenue by 20%,
calling the strong
performance a relief...
Relief?
Which idiot said that to a reporter?
Relief? What a moronic thing to say.
Legal review of the first phase
of restructuring is complete.
The employees are likely
worried about the company,
so it's important to use
this to push for wage cuts.
Business Evaluation Report
It'll really hit them hard
if we cut wages by 20%.
Be a little understanding, Mr. Koo.
Pyo only sees the world
through a salary man's lens.
A very small lens at that.
Did you look into what I asked?
Of course, Chairman.
You can push forward quietly
with minimal manpower.
From now on, don't involve the
legal team, and talk to Pyo directly.
Yes, sir.
All right then. See you next week.
Certainly, Chairman.
Director Pyo.
Yes, Chairman.
We bought ourselves five years.
But what if we can't generate enough
cash, or can't make the interest payments?
We go into full receivership,
and the court takes my control.
I don't think that will happen.
- Director Pyo.
- Yes, sir.
Do you understand the
weight of my position?
How could I...
Founded by my father, and expanded
by me, Gukbo has a 70-year legacy.
Have a seat.
What I'm about to say stays between us.
Did you finish the list
of Gukbo's creditors?
- Schedule meetings with all of them next week.
- All thirty in one week?
Yeah, study Gukbo's relationship
with each creditor closely.
Sir, can we really gain control
of a company with just bonds?
Why do bonds matter?
Bonds are basically debt contracts.
When a company hits crisis mode,
the creditors become the real owners.
But...
Gukbo Launches Top Soju in Recovery Bid
It's smooth and fresh.
Sir, that could be considered a
breach of trust and embezzlement.
That's why this shell company
will be under your name!
Give the paperwork to Koo.
Use Gukbo Distillers' stock as collateral
and raise about 20 billion won.
I'm also considering selling off some
properties, but use that money to buy bonds.
This is our insurance policy.
You get what I mean, right?
The money from selling assets
should go to paying off the debt.
Buying back bonds is...
Above all, self-dealing in
bonds is a serious crime.
You'll be in serious
trouble if this gets out.
Goddammit!
I can take care of myself!
Didn't my father once pay for your mother's
surgery after she got into a car accident?
I'm giving you a chance
to return the favor.
Get this done discreetly.
No one cares about our bonds yet.
We need to sweep them
up while the price is low.
Got that?
Yes, Chairman.
They'll sell off all the bonds
at 10% of face value.
Is that so?
It's next to nothing.
Okay!
Buy 300 million won worth
from Daeyoung Securities.
You serious about buying these bonds?
I've been stressed over them anyway.
Now that you want them, maybe
I should hold onto them.
They're just trash in your pocket.
I'll pay a fair price,
so hand them over.
Are you here to buy Gukbo bonds?
Yes.
The bond we bought today
has a 13% interest rate!
We'll earn back the investment
in a few years with the interest alone!
Well... We could be looking
at a much bigger return.
Yo, Beom!
If you could buy your
Porsche for ten million won,
collect 13% in maintenance
fees, and resell it for 100 million,
what would you do?
The ball!
You wanna go, huh?
This boiled beef is killer.
How'd you even know about this place?
I came here a few times
as a kid with my dad.
But why do you play
basketball with your mouth?
Your moves are so predictable.
It's why you keep losing the ball.
Basketball's meant to be played with your mouth.
It's all about talking your opponent down.
Think you'll play as well
as me when you're my age?
We'll see, punk.
We won't see each other that long.
You ever think about dating?
Well, girls must hate you.
Always off to New York or Hong Kong...
- You're not exactly one to talk.
- Why?
Seoul's tiny, so you can
get anywhere in two hours.
Was it really that
hard to just go home?
You look like your kids abandoned you.
Unbelievable.
Why are you chugging so fast?
Go easy, I can't take you home tonight.
You're making me thirsty.
A recent expose uncovered illegal
betting on golf matches among CEOs...
Those sons of bitches!
And one of them turned out
to be Chairman Seok of Gukbo.
Yes, he's definitely
the Gukbo chairman.
He comes by often,
so I know his face well.
He usually bets between
300,000 and 500,000 per stroke,
but he was betting a million that day.
Taxpayer money is being
used to delay bankruptcy,
and citizens rally to save
Gukbo by buying their soju
- to help sales recover.
- They still haven't got it together.
- But the chairman is deceiving
- Easy, easy.
the public and the government
while playing high-stakes golf.
Ma'am, we don't want Top Soju!
Give us something else!
I'll take that Top Soju!
Sure.
Another Top, please!
A bottle of Top!
Director.
Another drink?
I Love Gukbo!
Workers face wage cuts, while the
execs are playing high-stakes golf!
Incompetent and corrupt
Seok must step down!
- Step down!
- Step down!
Seok Jin-woo must step down!
- Step down!
- Step down!
Seok Jin-woo must step down!
- Step down!
- Step down!
Seok has ignored our blood and tears!
He must resign!
- Resign at once!
- Resign at once!
I don't think today's the day for this.
We've got our final
meeting with Solquin today.
I believe we should proceed.
Shouldn't we call the cops?
If we do that, the media
will just make it worse.
Please give me ten minutes.
Chairman.
Stupid bastard.
He's brain dead, so
he's getting physical.
I hope you can understand.
We'll reschedule the meeting.
I'll be in touch before flying out.
Okay!
In-beom!
Why did you bother coming?
Just wanted to give you
some meds, that's all.
Why'd you buy so much? They've
got this in Hong Kong too.
I'm kinda sad you're leaving.
Things started going well after we met.
I'm really grateful.
Don't drown your sorrows just
because we sold the basketball team.
You have to take care of yourself.
Yeah, you're right.
I have no one to drink with anyway.
Sohn just had a baby.
So I literally kick him
out of the office at seven.
I tell him not to end up like me.
Call me when you're back,
we'll grab another drink then.
Take a vacation and
come visit Hong Kong.
No one up top even notices
you're working yourself to death.
Look who's talking. You and I are
the same, a couple of workaholics.
I'm off.
All right. Safe travels.
Thank you for this.
Bye.
1998
2003
5 years later
Bet you want to lower the stakes now.
Repayment 3 days overdue
We can still lower it if you want.
Shut up. Just stick with a million won!
I heard Gukbo Japan is
being sold to Osaka Beer.
It must sting, selling off
a golden goose like that.
It was doing well in Japan.
What can I say? Got no other options.
Just gotta carve off a piece
and stitch things back up.
It's almost done.
Pyo must've gone to hell and back.
What's that dumb-ass ever done?
Solquin charged a fat fee and
handed him the whole solution!
Where the hell is the update?
Director!
How did it go?
Osaka Beer is asking
for just two more days.
Can't tell if they're
stalling or serious.
We'll have to wait it out, then.
They're still coming to Busan, right?
- Well, it's...
- Sit, come sit down.
Okay.
We're already three
days past the deadline.
Feels intentional, doesn't it?
The court approved the
repayment extension, right?
Not yet.
I'm sure it'll go through.
They know we're negotiating
with Osaka Beer.
Don't worry.
Osaka won't back out of the deal.
The creditors won't panic just
because we're a few days late.
Let's head back to Seoul for now.
Yes, sir.
I'll call the court again
to confirm we'll repay.
We've long wanted to
expand into the soju market.
So when we heard about Gukbo
Japan's sale, we moved fast.
But the offer you made for Ginjo
Soju was too good to pass up,
so we had to reconsider.
Under the name of Stone Investment.
In a few years,
this shell company will be the largest
shareholder of Gukbo in Korea.
We are only financing 100
million dollars for this project.
Like, how could we possibly
control a large company like Gukbo?
So my second strategy is, we collect
bonds from its overseas subsidiaries,
so that Gukbo cannot
easily react to it.
The highest value of its overseas
subsidiary is Gukbo Japan.
They have to sell it
to pay back the debt.
Since it's their best performer,
I'm gonna convince them to
hang on to it as long as possible.
We'll make a move... at that moment.
So it's pretty obvious that Osaka
Beer will drool about that company.
They only just need another liquid company
that could potentially sway Osaka Beer.
They'll need to dangle Gukbo until
they miss the golden hour window.
We've decided to purchase
Ginjo Soju instead of Gukbo.
Let's get started on the MOU today.
I'm really sorry to say,
but we got a call from Ginjo Soju this morning
saying they want to renegotiate the sale price.
If you could give us a little more
time, we'll try to talk them down.
Though, I can't promise anything.
What is this?
We only considered Ginjo Soju, with
Gukbo's acquisition practically sealed,
because Solquin, as a trusted intermediary,
proposed a very generous offer!
Right now, all we can say on their behalf is that
they're asking for about a 30% price increase.
Call Gukbo Japan.
Hurry.
Yes, sir.
Yes?
Yes.
Yes, I understand.
Director Pyo!
Yes?
Osaka Beer wants to meet immediately.
They're here?
Yes.
- All right, get us a cab.
- Right away.
Taxi! Taxi!
Over here!
The review process took
longer than expected.
We deeply apologize for the delay.
You've apologized, so
I won't press it further.
Thank you.
Please, let's sit.
Let's proceed with the contract today.
Certainly.
What's going on?
- Pardon?
- Gukbo Hong Kong's creditors
have reportedly filed a lawsuit in Japan
claiming ownership of Gukbo Japan!
That can't be right.
What's he talking about?
Excuse me.
Gukbo Japan's been hit
with a trademark lawsuit
Trying to sell during an
active legal dispute?
This is unacceptable.
Let's go.
Mr. Kono. Mr. Kono. Please, wait!
- One moment please, Mr. Kono!
- Mr. Kono, please!
Hold on a second.
It feels like the Hong Kong creditors
are stirring things up on purpose.
But why would they?
- Hello?
- Director!
The rep of the Hong Kong
creditors turns out to be Solquin!
Solquin?
All right, this hole is
two million per stroke!
Chairman!
What?
- You goddamn moron!
- I'm sorry, sir.
How the hell are you
even doing your job?
Solquin knew everything about
our overseas bond situation,
and they played both sides.
Speak plainly, for fuck's sake!
They advised us to sell
Gukbo Japan to Osaka,
- but they sabotaged the...
- Those sons of bitches!
What the hell do they gain
from blocking the sale?
What do they gain by
filing a trademark lawsuit...
Wait a minute.
The sudden delay in the
Osaka deal feels off.
They're after management control!
Stop them, no matter what.
You have to stop them!
Stop them!
It's smooth and fresh
You're one step too late.
You missed the 1.7 trillion won
repayment deadline by three days.
Solquin has filed for Gukbo's
bankruptcy as a creditor.
Now the court will decide.
You really did this to me?
Are you...
really the In-beom I know?
Seeing all our confidential documents, our
profitability made you change your mind?
So you started buying up
our bond behind our backs?
Or...
did you approach us from the
beginning because this was your goal?
We legally acquired the debt
from Stone Investment.
Stone held Gukbo's bonds, and
we paid for them fair and square.
Are you being serious right
now? Who do you take me for?
If you were genuinely just investors, you
never should've approached us as consultants!
Call it "advanced
financial engineering."
What?
You learned your lesson,
so feel free to benchmark us.
You really are trash.
"Advanced financial engineering"? You call
backstabbing clients advanced finance?
Mark my words, we're not
going down without a fight.
You really think the creditors
will agree to the bankruptcy?
Most of the creditors are Koreans.
Will they just hand over
Gukbo to a foreign firm?
Fucking hell!
That naive belief that the
creditors will try to save Gukbo.
That mindset is totally wrong.
That's exactly why you're losing!
Do you hear me?
You're afraid of nothing, huh?
Why would a thief be
scared of anything?
We don't go after just anything.
We pounce when we see a weakness.
Because we're a company with
weaknesses, it's fair game to attack us?
Alright, alright, alright.
Alright, listen up, listen up!
To this fucking asshole
who killed the first step.
Cheers!
- Cheers!
- Cheers!
Phones are ringing off the hook
in Hong Kong. It's been insane.
Gukbo probably clued in, right?
They'll sue, won't they?
Now call me anytime if you need help.
This is gonna be messy.
Fighting for creditors, and
fighting with Gukbo in court.
You don't really like them, do you?
Yeah.
He irritates me.
He knows nothing of the world.
But somehow, his stupidity makes
me feel like... I'm a fucking asshole.
Solquin will focus on rallying
creditors who support bankruptcy.
The majority's stance will heavily
influence the court's decision.
So this ends up in court?
Isn't there any way to overturn it by
revealing Solquin's double-dealing?
Chairman, the truth is, Gukbo
failed to repay its debt on time.
We can't cancel the application
now that it's been filed.
As for Solquin violating the NDA,
Gukbo will need to prove that in court.
Solquin won't readily admit it.
Shit.
Pyo got played like a puppet for
five years. Can you believe this?
How did he not suspect anything, and
blindly believed every word they said?
Let's not get too discouraged.
Not many Koreans want to see Gukbo
handed over to a foreign company.
Isn't Top Soju practically
the national drink?
Use public opinion to your advantage.
A good number of creditors
will oppose the bankruptcy.
Focus on securing as
many of them as possible.
We need to buy more bonds.
I'll scrape together ten
billion by the end of the week.
So buy some more.
At this rate, it's all over for us.
Damn, Solquin really is something else.
Their M&A strategy
is insanely calculated.
Global investment firms
really are on another level.
You call that an M&A strategy?
That's called a con job!
You should know better,
working as a financial supervisor.
Dude, to be honest, if
it's not technically illegal,
even fraud counts
as financial strategy.
Speculation and investment
are basically the same.
Tanzania earns 3 trillion a year
and splits it among 25 million people,
while Solquin makes 3 trillion a
year and splits it among 160 people.
Shut up and drink.
Save Gukbo Campaign HQ
It's our honor to meet you.
You can save Gukbo only by
filing for court receivership,
and finding a specialist to
confidently manage the company.
Please help save Gukbo. Thank you!
- We ask for your support.
- Sure.
Please help.
We had more than enough
time, but Solquin...
Chairman Seok recklessly
created subsidiaries,
using top-selling Gukbo
Soju as collateral, didn't he?
His vanity ultimately put a solid
company like Gukbo in jeopardy.
These documents prove that
Solquin disrupted the sale of Gukbo Japan,
which prevented us from repaying our debt.
If you look at page three,
there's a report from Solquin itself
advising us to sell Gukbo Japan.
At that time, Solquin had already
created a shell company...
Chairman Seok will never
be able to revive Gukbo.
He has shown no remorse
for his own mistakes
and insists he's the only
one who can run Gukbo.
Would you really entrust this
company to such a self-serving man?
Creditor Overview
April 28th, 2003
If the sale of Gukbo Japan
hadn't been blocked,
we could have easily repaid the principal,
and been on the road to recovery!
The way to save Gukbo is to find a new,
competent leadership through court receivership.
Solquin states that there is
a strict "Chinese Wall" between
consulting and investment departments.
They claim that Gukbo's allegations of insider
information sharing simply aren't possible!
What is a "Chinese Wall"?
It's an information
barrier preventing firms
from using consulting data
for their own investments...
The trial begins next week.
Any thoughts on the court
now deciding Gukbo's fate?
Solquin, a global consulting firm,
came in under the guise of an advisor
and took all of our internal secrets.
They secretly bought up bonds,
and now they're trying to take
over Gukbo's management itself.
We trust the court will
deliver a fair judgment.
Do you realize we've been
working 115 hours a week?
And I'm not even getting a bonus.
Isn't getting posted to
New York your bonus?
That's true.
62% of creditors still oppose
to bankruptcy, is that true?
61% actually.
I found that Chairman Seok made a size able
slush fund to get the current president elected.
If an arrest warrant is issued, and he's
forced to stand in the police lineup,
more than half the creditors
will change their minds.
No, it's not enough.
Slush fund doesn't feel dirty enough.
Put yourself in the
creditors' position.
They'll think Chairman Seok is doing
whatever he can to save the company.
How about an audit?
Link them to national tax service.
They go after companies that
barely survive the IMF crisis?
That's not a bad idea because we need...
we need something bigger than a tax audit.
Who knows Gukbo like we do?
That law firm?
Mumyeong has been in charge of Gukbo since
the approval of the composition in 1997.
They represented Gukbo
for the last five years.
They would damn well know Gukbo's
fucking weaknesses. Which means...
they're the perfect partner for us.
Gukbo can approve. Solquin's internal departments
have been sharing information with each other.
But it's illegal for Mumyeong
to be partnered with us.
It's a conflict of interest with
the Korean Attorney-at-law Act.
This plan could
backfire on us. Big time.
Hey, Beom. You wanna win?
Then you accept the risk,
okay? Let's figure it out.
Remember, information is king.
High risk, high return.
Law Firm Mumyeong
- Please have a seat.
- Thank you.
So, Solquin is finally our client.
Are we?
We've actually been wanting
to go global for a long time.
Since Korean laws are different
from the U.S., you need a friend here.
We'd be more than
happy to be a partner.
Wow, I'm glad to hear that.
Mumyeong served as
Gukbo's legal representative
from the composition approval
to the recent restructure.
Given your close ties to Gukbo, is it
legally feasible for you to work with us?
Of course, it's not a problem.
The law is like a spider web.
Small bugs such as flies and
mosquitoes get caught and die.
But large animals like birds fly
through without a worry in the world.
I know exactly what
you're worried about.
The provisions of the Attorney-at-law
Act is a conflict of interest.
But we can proceed without
violating any regulations.
There are plenty of law firms
that will gladly be our puppet.
Aside from the law, are you
okay with this, personally?
I mean, you have an amicable working
relationship with Gukbo, I heard.
Haven't you also had an
amicable relationship with Gukbo?
It's the job of the court to make
moral decisions and judgement.
Law firms simply decide
which clients they work with.
Does that clear everything up?
We can force Gukbo
into declaring bankruptcy.
And I'll put Gukbo in your path.
Your Honor.
Gukbo is a highly capable company,
generating over 200 billion won
in operating profit annually.
First Hearing
As Top Soju has contributed significantly to
Gukbo's recovery since it launched in 1997,
they got to fully meet
its composition terms.
Furthermore...
Why isn't Mumyeong handling
such an important trial for us?
They suddenly backed out.
They declined twice,
so I stopped asking.
The opposition is a firm called 2K,
- I've never heard of them.
- Your Honor,
may I read a petition that the Gukbo labor
union asked me to present to the court?
Keep it short.
When executive mistakes put our company in crisis,
Gukbo's 10,000 workers took to the streets,
promoting Top Soju
wherever alcohol was sold.
Their efforts brought in 200 billion won
in profit and boosted market share,
and full recovery was within our grasp.
If Gukbo is declared bankrupt now, all our
hard work would be dismissed and betrayed.
That's right. Gukbo is a solid
company with strong operating profits.
Both the creditors and the public
want to see Gukbo revived.
Which is exactly why Solquin
filed for Gukbo's bankruptcy.
Because under corrupt
leadership, Gukbo's future is bleak.
- Your Honor!
- Your Honor.
I'm explaining the justified distrust
toward Gukbo's current leadership.
You can continue.
For months, rumors of Chairman
Seok's embezzlement circulated.
And people said it wasn't just
some baseless market gossip.
Yesterday, prosecutors officially launched
an investigation into Chairman Seok.
There's strong suspicion he used
funds that should've been used
to repay company debt to
defend his control of the company.
Possibly through illegal practices
like buying back company bonds.
Was it you?
Were you running your damn mouth?
If not, bring me that bastard
Koo Young-mo right now!
If Mumyeong didn't leak that info,
how the hell would they know?
It's a violation of the Attorney
Act! This is illegal! No?
I'll look into it, sir.
Director Pyo.
We need to make use of this properly.
They say it's hard to prove Solquin
shared our info with their investment arm.
But with this, we can catch them.
We can nail them for this one!
Only Mumyeong had that info.
Sue their ass under the Attorney Act!
And expose Solquin to the media!
If you can't pin this down,
don't bother coming to work.
No, screw that, go kill yourself!
You should've known the second that
son-of-a-bitch Koo declined this case.
You should have figured it out!
You goddamn moron.
Plaque of Appreciation
It'll be hard to prove any ties
between 2K and Mumyeong.
Those clever bastards
wouldn't leave a trace.
The prosecutor on Seok's case won't
let go once he sinks his teeth in.
This doesn't look good for Gukbo.
Stop blaming yourself.
There's nothing more you can do.
Letter of Resignation
Let me ask you one thing.
Like you said, Seok is a bastard.
And I'm trash for standing by him.
But...
what did the employees do wrong?
I don't care about
anything else, so tell me.
If you take over the company, do
you actually plan to run it properly?
You're not...
gonna lay everyone off and
flip it for profit, are you?
There are many ways to make money.
Isn't there the freedom to
earn money in this country?
You call firing hardworking
people a freedom?
Do you even think about
how they'll struggle just trying
to keep up with tuition
or mortgage payments?
You knew Chairman Seok
was buying up bonds...
with company money.
That was your freedom too.
I admit I made the wrong call.
But I thought helping him was the
only way to keep the company afloat.
For the employees to survive.
Just do me one favor.
For the sake of your bonuses,
people are gonna end up on the streets.
Just think about that
for even one minute.
At least you.
Next on the news.
Early this morning,
a man in his fifties jumped from
Gukbo's Namyangju factory rooftop.
The man has been confirmed to
be an executive at Gukbo Group.
He was transported to a hospital
after being found by a factory worker.
Gukbo's sales are incredible!
It's a real golden egg.
Soju really is a unique business.
Top Soju was released in 1987, 100
million bottles were sold in 6 months.
3 billion bottles, 3 years. That's 85
bottles per adult. Can you believe that?
Okay, so when Gukbo
enters the M&A Market,
the competition to secure
it is going to be tight, right?
Abso-fuckin-lutely.
Alright, once the
bankruptcy is declared,
you gotta delay the sale
as long as possible, alright?
Jack up the price by
jerking the bidders around.
By the way, have you
appraised Gukbo yet?
Yes, it was appraised at 2 billion dollars,
but it can be raised up to 2.2 billion.
And what's the expected return?
If Gukbo gets sold at a
raised valuation of 2.2 billion,
it'll be...
600%.
Don't tell me you're jumping
into bed at 2.2 billion?
I'll get some articles going in several publications
and say that Gukbo is undervalued.
Wall Street magazine, a couple of British
business magazines should do the trick.
We can buy those articles, no problem.
If the valuation is 2.2 billion, the
analysts will pump it up to 3.2 billion.
Adding a billion is not unreasonable.
- That's the sound of your bonus going up, buddy.
- Hey.
You'd better lick them lips
and get ready to suck my dick.
Hey, that's right. You are the man.
You manage to pull off this sale, I'll
put you in charge of Solquin Seoul.
Put in a recommendation for you,
that first Solquin branch in Seoul
that you proposed back in New York.
You're gonna build it.
This... This fucking
guy, his name is In-beom.
I think he should change his name to
Bomb, because he's gonna blow up Seoul
and make it his bitch.
Bomb!
Hey Beom.
You don't really wanna go back to
New York as an analyst again, right?
Push it all the way.
We've already spent a billion.
Headquarter wants this wrapped
up by the end of the month.
He was lucky to hit several
structural beams on the way down.
Truly a miracle, Chairman.
Aside from a torn kidney,
there's no major organ damage.
But he really needs glaucoma surgery.
- Glaucoma?
- If he doesn't get it soon, he could go blind.
No.
I'm fine for now.
They said you're being
discharged next week?
Yes.
Director Pyo.
Why did you do something so foolish?
If you had died like
that, what about me?
Do you know how much bond
is tied up in your shell company?
How could you try to kill
yourself without telling me?
I get it, you may be upset with me.
But to act so recklessly...
The prosecution's digging
into presidential slush funds.
I can't even change the name
on those assets in this climate.
This hospital's best
doctor worked on you.
This company saved your mother's life,
and now it's saved yours too, right?
Yes, thank you.
- Chairman.
- Yeah?
Once we get through this crisis,
please don't lay anyone off.
Of course! I promise.
Why would I fire the
staff? No way in hell.
You don't really wanna go back to
New York as an analyst again, right?
Push it all the way.
We've already spent a billion.
Headquarter wants this wrapped
up by the end of the month.
57% opposed
June 3rd, 2003
How are you doing?
Get to the point.
Have Sohn request
documents from the court.
Ask for 2K's list of
pro-bankruptcy creditors.
Then 2K will fax the
documents to the court.
At the hearing, ask the judge
to confirm the origin of that fax.
What are you scheming now?
You already know.
This case is being handled
by Mumyeong, not 2K.
I'm just getting that straight.
This may sound like a joke...
but I can't stand watching
lawyers break the law.
Just know that this isn't a scheme.
Law Firm 2K
Public outrage is still boiling over.
Revealing the Truth about Solquin!
The "Save Gukbo" campaign
is highly organized too.
The chairman's arrest warrant
will likely be issued.
We just have to time it right.
Ms. Jeon, the court wants the
creditor consent for bankruptcy.
- Send it.
- Yes, ma'am.
Cancel
Sir, I'll head out early today.
Go ahead.
Heading home?
Not yet. I got chores to
take care of at the firm.
You're working hard.
If you've got time, I
was hoping for a chat.
- Sounds good. I know a private members club...
- No, let's go to your office.
You've got work to do anyway.
Let me just make a quick call.
Yes, Your Honor.
I was in an important meeting,
so I couldn't take your call.
The Ieum Group case?
I'll get in touch with you tomorrow.
I've actually wanted to grab
a drink with you for some time.
I'm glad you've made
time for that today.
Is that so?
We're not too far apart in age,
and I was probably around
five years your senior at SNU.
Not trying to pull rank on my own
client, I just wanted to be friends.
If the Gukbo sale succeeds, Solquin
will open a branch here in Seoul, right?
I heard you're being
considered to lead that branch.
I think we can be long-term partners.
At Mumyeong, we prioritize
clients like Solquin above all else.
That's very kind of you to say.
Honestly, I never expected Mumyeong
to betray Gukbo and take our side.
Lawyers are bound
by the law, after all.
Well... American lawyers have been
corporate watchdogs for over a century now.
You seem upset, Mr. Choi.
Is there a problem?
No, it's just...
It makes you feel like there's nothing
you can't get away with in Korea,
and that honestly makes me pretty sad.
Mr. Choi.
I shouldn't be hearing
that from my junior...
so let me be rude to my
VIP client just this once.
Just stick to one thing,
you piece of shit.
Stick to making your
money with a smile.
Why pretend to be noble
while making money?
Stick to one story, you son of a bitch.
What a piece of shit.
Second Hearing
Your Honor,
Gukbo's legal advisor has been
Mumyeong for the last five years.
But they aren't representing
Gukbo in this case.
And there was no clear reason
that would've caused a rift.
However, behind 2K, who
is now representing Solquin,
there appears to be Mumyeong, who has
full access to Gukbo's confidential info.
That is outrageous.
That's just speculation with no proof.
I agree, it is outrageous.
But it's a blatant case of
unethical dual representation
and a clear violation
of the Attorney Act.
Your Honor,
this document was submitted to
the court by 2K and shared with us.
Please confirm whether
the sender is indeed 2K.
Come up and check it for yourself.
The document 2K submitted to the court shows
a fax number that matches Mumyeong's.
Koo Young-mo
Your Honor, this must be
some kind of mistake.
We'll need to verify
this matter further,
so the court is adjourned and this
hearing will be postponed to next week.
The second bankruptcy hearing
for Gukbo is set for next week.
Gukbo warns that citizens'
hard-earned savings, soothed by soju,
could end up in the hands
of foreign investors,
in an attempt to appeal to
the public and creditors.
With clear evidence of Solquin's
breach of confidentiality,
many believe the court is
likely to rule in Gukbo's favor.
Director.
Please get your glaucoma surgery.
I heard about it from the nurse.
You'll go blind if you don't get it.
Why did you do it?
Don't tell me it was
because of Chairman Seok?
I wasn't being impulsive.
And definitely not because of him.
After writing my resignation
letter that night...
I sat at my desk and
looked back on my life.
And I realized I'm a man
who only ever knew work.
My wife left, and so did my daughter.
All I had left...
was this company.
And if I lose it too, then
everything I've lived for...
it would all feel so empty...
and unfair.
That company you
care so deeply about...
Is it really worth throwing
your life away for?
I just don't get you.
I work myself to the bone because
I want a fat paycheck, bonuses,
and guaranteed promotions.
But that's not why you work!
So what the hell are you
working so hard for?
That's exactly what I wanted to
tell you if I ever saw you again.
That company is ruining you.
Someone as smart as you could get
paid well and promoted fast anywhere.
But do you really have to
make money the way you do?
I just can't wrap my head around it.
Come on.
How can making money
be sleazy or noble?
It's just making money!
You're seriously frustrating.
Director.
I can't go into the details...
but Gukbo can't win against Solquin.
Once Gukbo is sold, I'll be Solquin's
Seoul branch manager.
I can get you a job in finance.
I don't want dirty money, no thanks.
I figured you wouldn't bite.
What's with you?
I'm not doing this
for the sake of Seok.
Director.
No human can win against money.
But I think you might be different.
If that photo leaks, I'll be
the one under suspicion.
Approach the judge
privately, and persuade him.
This just came in.
At 2 AM following the pretrial hearing,
Gukbo's Chairman Seok was detained.
He's accused of securing a 20 billion
won loan through fraudulent accounting
and embezzling 15
billion won in slush funds.
Cheating or not,
it's best to win, right?
Pardon?
Director! Where are you going?
The big-shot lawyers are
arriving any minute now.
Sir!
Where'd you get this?
This is our smoking gun.
These motherfuckers are screwed.
I knew that judge was fishy
when he let the fax thing slide.
Should I throw this photo in
that bastard's face in court?
Chairman.
Doing so will endanger the source.
I promised them I wouldn't leak it
to the media or submit it in court.
They suggested blackmailing Judge
Koh directly to get the ruling we want.
Then what, you're gonna
threaten him yourself?
Who are you gonna send?
Even thugs don't mess
with judges nowadays.
How about sending a copy anonymously?
Pyo, I hear you. I'll
take care of it myself.
Chairman, I'll say it again.
Please don't leak or
use the photo in court.
Director Pyo!
Who gives a shit about the source?
With this kind of dirt, we need
to counterattack properly.
Leave it up to me!
The evidence I just submitted
is a photo of three individuals who seem
to be on good terms during a golf outing.
Mr. Choi In-beom of Solquin's Consulting Team,
Attorney Koo Young-mo of Law Firm Mumyeong,
and lastly, Judge Koh Joong-chun, the
very judge presiding over this case!
Order!
This court is now adjourned.
What's going on?
Don't you think you're gambling
too much with what you're doing?
Even after we got
Chairman Seok arrested,
it didn't change too much
with the creditors or the media.
That's why I need to blow
things up to get what we want.
Will that judge push
for the bankruptcy?
Judge Koh is a prime candidate to
be the next Supreme Court of Justice.
He was earlier humiliated
in his own court today.
That's like fucking with the judiciary.
And now, it's personal.
No matter the public opinion,
he will bankrupt Gukbo.
It's embarrassing.
But that's how Korean judiciary works.
Wow, you're really blowing
the shit up, aren't you?
In-beom, I'm sorry. I
couldn't stop the Chairman.
Regarding the key issues raised by Gukbo, this
court has reached the following conclusions.
First, Gukbo claims that Solquin obtained
confidential information under NDA
and shared it with the investment
division of Solquin Hong Kong.
However, evidence is
lacking to support this claim.
Second, Solquin was accused
of interfering with Gukbo's plans
to sell its overseas subsidiaries by
purchasing its foreign bonds in bulk.
However, the court found
no evidence of illegality.
Third, due to public
distrust stemming from
the chairman's embezzlement and failure to
repay debts despite being granted composition,
the court finds Gukbo's
rehabilitation unlikely.
What the hell are you saying?
- Order in the court!
- What are you doing?
- Calm down.
- Quiet, please.
Therefore, the Seoul District Court hereby
declares Gukbo bankrupt, effective immediately.
Why are you ignoring
the creditors' opinions?
59% of the creditors are
against this bankruptcy ruling!
- Really?
- Let's get into the car.
- You think so?
- Yeah.
Thank you for your hard work.
Thank you.
I'd love to interview you sometime.
Sure, sounds great.
If you feel like punching me, go ahead.
Why would I punch you?
If I were you, I'd throw a punch.
After getting outplayed all
this time, now I finally get you.
Took me a few hits to figure it out.
From the very beginning,
you've always been the same.
I was the one who foolishly...
misunderstood and assumed.
Director, a company is
just a place to make money.
Figure out what really
matters to you in life.
Something beyond the company.
May I have your attention, please?
First of all, I just want to say that we secured
Gukbo's management rights as the major creditor,
thanks to all of your fucking
hard work over the last five years!
I especially want to
say "thank you" to Mark,
who flew all the way from New York just
to put my fucking name on the bonus list.
- Thank you, Mark.
- You're welcome.
And to Julie and Linda,
from the Hong Kong office.
They've been riding my
ass on this deal for so long,
I prayed every fucking day that someone
would just erect that stupid Chinese wall.
Oh, and big thanks to Jiro from Japan,
who ate a lot of shit from Osaka Beer.
And last but not least,
I'd like to introduce a very important person
tonight, who made everything possible.
I endured that boring-ass
trial because of him.
Allow me to present to you,
ladies and gentlemen...
Mumyeong's Mr. Koo.
Oh... oh...
I'll keep it short.
Our most pathetic, high-maintenance
client, Solquin,
is going to sell Gukbo for
a fucking incredible price.
Until we get the best
return on our investment,
we, Mumyeong, will work our
asses off to make it happen.
I won't let my guard down
until that day arrives.
Your result is our result. Thank you.
Enjoy your night.
Come on, it's a fucking party.
Just enjoy it.
I heard it was you.
The one who handed over
the photo to attack me.
You dare come at me?
I hope you're prepared.
What is this?
Mr. Choi In-beom, you're under arrest
for embezzlement and intimidation.
Arrest Warrant
Let's not cause a scene.
Beom, I need to say this now.
Do you remember the contract you
signed before coming to Korea?
If disclosure of any
confidential trade secrets
acquired during one's employment
leads to lawsuits or damages,
the employee will be fined up
to ten times the damage amount.
Don't forget, Beom. You may
drown in debt until the day you die.
How could you have
gambled everything away?
I mean, why would you ruin
your life for the company?
You were the one who told me to
accept the risks if I want to win big.
But we're not the ones who locked you
up in here. It's that fucking judge.
He was desperate for that Supreme Court
Justice job, and you... You, right?
He gave us the verdict that we needed, we
gave him what he needed. Quid pro quo.
Koo took your shit in the middle.
Chill out here for a few
months. Then you'll walk.
Was this Koo's idea? Or yours?
This isn't a fight between us.
It's your country's
damn judicial system.
I hear your threat loud and clear.
Anything else?
I don't know if this is any consolation, but
the company will pay your bonus and salary.
You have my word.
Director Pyo.
How many bonds have we accumulated?
Around 230 billion won, sir.
230 billion...
Shit, I saw on the news that Solquin
raised Gukbo's price to three trillion.
They really are smart pricks.
The bond prices are going
up thanks to them, so...
That means I'll make
about 700 billion, right?
I still got it.
Even if I lost control, I
still wanted to make money.
Pyo, listen.
Sell the bonds at peak price and
invest it all in Hanbit Capital.
No, invest 400 billion in Hanbit, and
put the rest into Sangyong Electronics.
Got it?
Are you listening?
Do you know why you're sitting there?
What?
You don't know?
I think I do.
In the wild,
whether it's because you stepped on a thorn,
or because you got hit by a falling rock,
if you're a limping
pony, you're in trouble.
Everyone will go after that pony.
It's only natural that
the lion will eat it.
I think I'm ready to accept
that simple truth now.
I ought to thank the guy
who made me realize that.
What the hell are you talking about?
So even if you lost control, you
still wanted to stuff your pocket?
- You're laughing? You mother...
- Fuck you, you fucking bastard!
Buddy.
The shell company is in my name.
Why would I give you that money?
You fucking moron!
Think about the crap you've
pulled for the last 20 years.
You stupid bastard!
And your real mistake was thinking...
I'd stay loyal to you forever
even in a mess like this.
That's exactly why you lost!
You dumb bastard!
I'll put it to good use.
Take care, you son of a bitch.
Director Pyo! Pyo! Hey!
You... You idiot!
- Hey! You bastard!
- Motherfucker.
Get back here! I'm not
done talking to you!
Somebody stop him!
Let me tell you something!
Solquin, the representative
of Gukbo's creditor group,
has begun selling off Gukbo's
non-core subsidiaries.
Gukbo Group has laid off 50% of its employees
and entered a phase of aggressive restructuring.
With more than ten companies
bidding for Gukbo,
the bidding price is expected
to exceed three trillion won.
Hey hold on, hold on.
We just sold Gukbo for
an unbelievable price.
The fuck? What is it?
Come on, spit it out.
Sold for 3.4 billion dollars.
- 3.4 fucking billion dollars?
- Yes.
Fuck me, motherfucker! Yes!
Mark, 3.4 fucking billion dollars.
You better lick them lips
and get ready to suck my dick.
3.4 fucking billion dollars.
Alright.
Don't call me until tomorrow, okay?
I'm gonna fly to Hong Kong and
fuck the brains out of Julia. Yeah?
Oh.
Don't forget about In-beom's
bonus, alright?
You owe him that much. It was
you who gave him up to the judge.
You're a bad motherfucker.
Two years later
Noble Spirit
Weren't we going to
switch our rice supplier?
- Why did we get Hwang's rice again?
- Come on.
I'm telling you, this
place's rice is good.
I think it's the ratio,
not the rice itself.
Be honest, this
rice is better, isn't it?
Well...
- sometimes it is.
- Yeah?
And other times, not so much.
Don't look at him,
give it to me straight!
Look, boss!
Hey!
It's kinda silky... and more
natural, you could say?
Damn, he said it's silky!
That's so classy.
But what does that mean?
Like those old commercials,
"Smooth as Silk."
Get what I mean?
Are you doing well?
It's nice making everything together.
The real problem is we drink too much.
All the time.
You look good.
Yeah.
I'm good.
You should come stay here.
I'm going to Hong Kong.
Landed a job?
Not exactly.
A friend there got proof that
Solquin broke the Chinese Wall.
Gordon fired him, so he
took all the files to get revenge.
So now you're teaming up for revenge?
Director.
- I gave it some thought.
- Yeah?
There's no such thing as
"advanced financial engineering."
Cheating to make money is fraud.
In-beom.
Just live for yourself.
You've... really changed.
Sure.
You had a little
something to do with that.
Yeah?
You had something to
do with my change too.
Is that so?
How are we never in sync until the end?
Maybe that's our sync.
I'm off, Director!
Jeez.
Stay healthy.
Hope you hit it big.
Thanks.
In-beom.
Life's not that complicated, right?
So how should I say this...
Smooth?
Yeah, live a smooth life and...
Fresh?
Yes, fresh!
Let's live like that.
See you.
The soju company that inspired
this film went bankrupt in 2003.
Fierce bidding pushed the 1.8 trillion
won valuation up to 3.4 trillion.
Foreign investors with the largest share
reportedly made over 1 trillion in profit.
The Korean economy paid a heavy price to
experience advanced investment methods.
Yet, 20 years later, the story repeats.