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2013/10/05

Some explanations of Ep 18 Her legend

Since we couldn't understand much from the vague engsubs,
here is an excellent explanation about stock and shares of Shinhwa company in Ep 18,
written by baduy at forums.soompi.com/discussion/2019053/current-drama-2013-her-legend-her-myth :




"The document Jin Ho is viewing on screen shows that there were four stockholders declared as having a more than 2% stake in Shinwha. The President Grandpa himself had a 23% stake, which has passed on his death to Jin Ho, giving him now 31%. The other named large shareholders are Kim Seo Hyeon, with 5% (and these shares are vested in her name personally) and a certain Oh Kyeong Shik, about whom we know nothing beyond what his ID number tells us, namely that he's 65 years old, who has 2%. So the total in the hands of those major shareholders comes to 38%. The remaining 62% are supposedly in the hands of numerous smaller stockholders, but Soo Ho's assistant tells him that he's established that a significant block of shares, 5% of the issued capital, the same quantity as exchanged with SeKyeong and now held by KH, are actually vested in an undeclared and unidentifiable shareholder as part of a move the President made near the end of his life.

While SH is anxiously trying to find out who that mysterious stockholder is, a clumsy move on his part reveals that information to JH and to us. He gives the company's chief attorney the push in order to appoint a new broom who will be more amenable to his vision, and the disgruntled unwilling retiree decides in revenge to give JH a piece of information which only he has, namely the whereabouts of that 5% holding.

We now get a reprise of the scene between JS and Grandpa, but in a much fuller version. Fair enough, one might say, but what gets my goat is that we were given not the slightest clue the first time this sequence was shown that there was a massively important chunk missing. What we now see (which we are expected to regard as the content of what the attorney is telling JH) completely alters our impression of Grandpa's character and motives, and also give us a whole new perspective on why JS was so willing to leave Shinwha and JH, telling JH at the time only that she was doing so in order to "keep a promise" she'd just made to his grandfather, and encouraging him in the delusion planted by KH earlier that same day that from the very start, she had targetted him for her own career advantage.

The tricksiness of the writing and editing convinced us that Grandpa was as totally fooled by KH's tale as JH had temporarily come to be. But now, seeing the whole exchange between Grandpa and JS, we realize that he is massively more shrewd than his grandson and that as their conversation progressed he came to grasp that the young woman he was talking to is very far from the scheming golddigger KH had made her out to be.

The turning point comes when he tells her she can have whatever she wants in return for agreeing to get out of JH's life, whereupon all she asks for is the return of the rights to her designs which she vested in Shinwha in return for Soo Ho giving her a job. He is flabbergasted and this unambitious demand, and points out to her that she's turning down the fortune he's prepared to pay her in favor of rights which, after all the bad publicity, have no longer any real market value. Is she maybe hoping to set up a situation in which she can make cheap plasticy trash and market it on the strength of having once been a Shinwha designer?

She firmly denies she has any such plans. In fact, she stresses that she intends to go out of her way to make her name solely by the quality and originality of the bags she plans to market under her own name, and wouldn't welcome any association with Shinwha whatever. But although we got to hear that much first time round, what we didn't hear then is what we now witness her going on to say about exactly why she's determined to make a success through her own skills and efforts.

Grandpa has just cited JH's involvement with her as the crowning evidence of JH's bad judgement and irresponsibility which make him unfitted to head up the company. JS responds that she is making it her mission to prove her abilities, not only for her own sake, but also to establish in Grandpa's eyes that JH's judgement was far from defective where she was concerned. That way, she hopes to undo the damage which Grandpa has just told her she's done to JH's prospects.



And now we get to hear in full what that promise was that Grandpa and JS agreed on. She promised that if she fails to prove herself in the fashion bag industry by her own efforts, she will never come anywhere near Shinwha or JH again. But on the other hand, if she does show she has what it takes, she will most definitely be back, and she'll be expecting Grandpa to reverse his judgement about JH's suitability to assume control of the business. So that's why JS tells JH, when he intercepts her in the corridor after she emerges from Grandpa's office, that she will be having no more to do with him so that she can keep her promise to the President. JH assumes that means simply that she's promised to give him up in return for her own advantage. We knew at the time that couldn't be the case, but we couldn't quite make out what her real motives were for apparently being so willing to give JH up. But armed with the full version of what transpired between her and Grandpa, we now know. And so does JH, which is why he rushes off to get that "lump sum payment up front" from her.

We also now learn that when Grandpa ordered Attorney Oh to do "whatever was necessary" to make sure that JS had a fair chance of rising to the challenge she'd set herself, but to do so in a way that would conceal any connection to Shinwha if her efforts came to nothing, he carried out these orders by covertly vesting 5% of Shinwha's stocks in JS's new design and manufacturing venture, to which we notice she's given the same name as her old bag stall, 줌치 or Joom Chi. I have posted about the significance of that name before, especially how it ties in with the motif of the lucky purse (which we saw most recently containing the torn-up fragments of photograph which played such a part in opening DY's eyes). For anyone who's forgotten, please see
forums.soompi.com/discussion/comment/26321334/#Comment_26321334

Given the bizarre accounting and reporting practices of Korean business (which are actually designed to foster tax evasion and general skullduggery by making it next to impossible even for DA's and IRS investigators to figure out who owns what in joint stock companies) it is wholly possible that JS doesn't know that Grandpa ordered that investment, or even that it was made at all, or that she's aware that that a hint from those in the know, such as Attorney Oh, in the right financial ears, will have made it significantly easier for JS and her associates to get the necessary working credit they need to get their business going. But that is what we now know to be the case.

As I said in an earlier post today, I'm not altogether happy about the writer misleading us in this way. It's one thing to hide crucial events from us (and from a portion of the characters) completely and reveal them only much later (Goddess of Marriage has done that several times already, and it's a common technique in makjang dramas such as Five Fingers, I Miss You, and Shark, to cite only recent-ish examples). But this is a repetition, on a larger scale, of what was done a couple of months back in the jtbc daily Thorn Flower.

There, a character wanted to establish whether someone was her father or not (very much hoping he wasn't) so she commissioned a DNA test. We saw her emerging from the genetic testing department office looking very upset, while hearing a voiceover of her being told that there was 99% certainty that the samples she had provided were from a parent and child. Not until several episodes later did we discover that the had in fact commissioned two quite different tests from the same office at the same time. One (the only one we knew about) was indeed to establish who her father was. The other (which we were kept completely in the dark about) was to establish whether she was the mother of a particular child. So we saw her going to get the results of the only test we knew about, but heard her getting the results of a completely different test we had no inkling of, and so we were completely deceived about what the test had told her. It turned out that her look of dismay was about finding out that the child concerned was indeed hers: her closest friends had lied to he that it died at birth, having then adopted it into their own family. But the impression that the test had indeed established that a particularly noxious individual was her biological father was reinforced when she dukly told that individual that a test had confirmed that he was indeed her father, and we, understandably enough, believed her. Until, that is, later when it suited her to show the same nasty guy the DNA report that actually confirmed they were not related.

I really don't think that sort of thing is playing fair with the viewers, either in that drama or in our current one. It's all very well to whet viewer's appetites by tricksiness in teaser sequences, but when it's done in the actual episodes it seems to me to undermine the basic understanding between writer and viewers that although we may well be misled as part of who-dunnit-entertainment, we won't be blatantly deceived, as I'd say we were in this case."

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