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Chapter 3846 forced to the corner

"Lin, we finally have the result!" Clinton hurriedly reported to Lin Feng, but his face was not so pretty.

"Failed?" Lin Feng knew it just by looking at Clinton's face without asking.

"Failed! Although the EU agreed, the US Department of Commerce vetoed the transaction, believing that Jessica did not have sufficient proof of assets to be able to borrow US$3.5 billion to complete the acquisition. It also believed that,

Jessica was unable to lead Chrysler to revival. Chrysler is the second largest automobile manufacturing company in the United States, with as many as 260,000 employees. Chrysler's acquisition will directly affect the lives of these employees. In order to ensure the interests of these employees, U.S. Business

The Department denied the deal!" Clinton said helplessly.

He did not expect that even if Jessica took the lead and Goldman Sachs provided funds behind the scenes, the U.S. Department of Commerce would veto it. Among them, the hawks hated Lin Feng deeply and showed an attitude that Clinton did not expect.

"Is there any other way to remedy this?" Lin Feng was not too disappointed. This result was expected. The second largest automobile manufacturing company in the United States could not be acquired just because it wanted to.

"There is a way to let Daimler-Benz put pressure on the United States through the European Union. After all, the EU can pass the acquisition this time, which naturally shows that Chrysler is dragging down Daimler-Benz. The European Union already wants to get rid of the United States.

It’s a burden. So, let the EU put pressure on the United States!” Clinton said with a smile, “I have contacted Mr. Schrempp and asked him to put pressure on the EU. I believe there will be a response soon!”

Lin Feng nodded. It would be best to put pressure through the EU. Of course, this may not necessarily work. After all, the United States will never compromise with the EU. The world's most powerful country has never compromised.

As expected by Lin Feng, Daimler-Benz put pressure on the United States through the European Union, demanding that the United States abide by the law, abide by financial order, and not impose administrative intervention. In terms of equity split, Daimler-Benz holds 57% of the shares.

It holds more than 43% of Chrysler's shares, so Daimler-Benz has the right to say OK to this transaction. The US Department of Commerce's forced intervention is illegal, gross and banditry.

"This is a society governed by the rule of law. The behavior of the United States is extremely barbaric, extremely unreasonable, and absolutely illegal. When Daimler-Benz and Chrysler merged, Daimler-Benz held 57% of the shares, so Daimler

- Mercedes-Benz has an absolute controlling stake. Daimler-Benz has no say in handling the debts of both parties. But now, the U.S. Department of Commerce rejects this transaction with completely unreasonable arguments. This is naked

Robbery logic. On behalf of the European Union, I firmly oppose this behavior of the United States and demand that the U.S. government immediately agree to this transaction. Otherwise, we will not hesitate to unilaterally withdraw all funds and file for bankruptcy of our subsidiary, Chrysler!" EU

The legal advisor of the Ministry of Commerce expressed a strong stance.

Who is the legal advisor of the EU Ministry of Commerce? Speaking of which, he is also an acquaintance of Lin Feng and a great beauty, Gaddafi’s daughter Aisha Gaddafi. She graduated with a master’s degree in law. Originally, Aisha was not the spokesperson.

, but this incident involves the United States. Although the EU is extremely dissatisfied with such barbaric behavior by the United States, there is still some psychological pressure on the EU side to offend and accuse the United States. Therefore, Libya, which is not afraid of the United States, stepped forward.

.

Libyan President Gaddafi is well aware of the United States. As long as Libya does not allow the United States to build military bases in the country, there will inevitably be a war. At least the United States will command other countries or instigate domestic opposition to attack.

Libya. Therefore, Gaddafi is not afraid of the United States. Therefore, he agreed to the EU's assignment and let Aisha be the spokesperson to accuse the United States in exchange for Lin Feng's favor.

Elsa's speech undoubtedly caused a headache for the United States, because it undoubtedly brought the matter to light. Of course, what really made the United States extremely angry was Elsa's threatening remarks. She actually threatened to kill Chrysler.

Bankruptcy. Although the second largest automobile manufacturing company in the United States is bankrupt, it does not matter to the United States at all. Bankruptcy means bankruptcy. Chrysler can no longer bring anything temporary to the United States. Whether it is technology, market share, or benefits,

It cannot meet the needs of the United States. Besides, it is only the second largest automobile manufacturing company. As long as General Motors does not collapse, it will be fine.

But it doesn’t matter if you don’t care, it’s uncomfortable to be threatened. When has the United States been threatened like this? Especially by a woman.

"Ms. Aisha Gaddafi please pay attention to your remarks. Regarding this transaction, we are responsible for more than 200,000 workers in our country. The main investor of this acquisition is Jessica Alba, a Hollywood actor, and other

The acquisition was financed through Goldman Sachs, with the future equity of Chrysler as collateral. We suspect that Ms. Jessica Alba does not have mature experience in managing a large automobile company. In order to protect the legitimate rights and interests of more than 200,000 workers

, it is reasonable for us to veto this deal. As for Ms. Aisha Gaddafi’s bankruptcy threat, is this the attitude of the EU, Daimler-Benz, or just the attitude of Aisha Gaddafi?

!” The official spokesperson of the U.S. Department of Commerce immediately held a press conference to coldly refute Aisha Gaddafi’s remarks.

Regarding the accusations of the US Department of Commerce, the European Union and Daimler-Benz did not pay heed to it, and only started to prepare for the liquidation of the whole company. Obviously, for Daimler-Benz, the stubborn Germans are now angry. Either

You agree to the deal, or I will directly declare Chrysler bankrupt. In short, my Mercedes-Benz company will never fill the hole for your broken Chrysler again.

What should we do? Americans are also extremely helpless about the stubbornness and even more unreasonable behavior of the Germans. You must know that Germany is the only country that failed in both world wars. Especially in World War II, it was directly defeated by the Allies.

The army did not give up resistance until they entered Berlin, unlike Japan, which surrendered directly after encountering two atomic bombs. If it were Germany, I am afraid it would continue to resist to the end, and might even move its headquarters to China.

Resist. The United States can't just blow atomic bombs all over Asia.

What to do? If they don’t agree to the transaction, the German company will directly declare the subsidiary bankrupt, so that it only needs the EU’s consent to liquidate it. At that time, Chrysler will be completely finished.

Immediately, the U.S. government immediately mobilized and held an emergency meeting to discuss how to solve the Chrysler problem. The first proposal was to let General Motors acquire Chrysler. However, General Motors rejected this proposal after considering it for a while. The reason

It's very simple. Once merged, GM will definitely become the largest automobile manufacturing company in North America, including the world, and it will definitely be the first. However, GM's current situation is not very good, and it is also in loss. In Japan, Toyota

Under the strong competition in North America, GM has also been in a state of loss. Now coupled with Chrysler, which is losing even more, GM is afraid that it will be dragged down by Chrysler before its restructuring is completed.

As for other companies, there are also those who want to take over. However, when they see Chrysler's huge debt with a loss of tens of billions and the lack of any improvement in the future, these companies shrink back. No one is willing to spend money to buy a product that loses money.

, were not blown down by strong winds. As for the U.S. government’s bailout, Chrysler’s shareholders are a little unhappy. Chrysler is no longer good, Toyota is too powerful, and Japanese cars are too cheap, and their appearance is good-looking, which makes many

The number one brand Americans choose when buying cars is Toyota. In this case, if the U.S. government injects more capital and burdens them with debt, then they will suffer even more losses. After that, they may not be able to sell the cars at the current price.

Therefore, Chrysler's shareholders do not want the United States to inject more capital. It is best to let a company or individual take over. As for bankruptcy, they are not willing to do so. Bankruptcy means that they cannot make a penny. If a company takes over, at least

The stocks in their hands are still worth some money.

Faced with this situation, the U.S. Department of Commerce is also having a headache. What should we do? Chrysler is unwilling to continue operating. No company in the United States is willing to take over and sell it to Lin Feng. No, absolutely no!

Just when the U.S. government was having a headache, something happened again. More than 100,000 Chrysler workers in Detroit took to the streets to collectively protest against the forced intervention of the U.S. Department of Commerce. They appealed and strongly demanded that the U.S. Department of Commerce agree to this acquisition. And they declared,

Since this is related to their vital interests, they should make the decision. Instead of letting those insignificant people in the US Department of Commerce decide their fate. They agreed to this acquisition in the name of the union. If

If the US government does not approve this transaction, then they will sue the US government in the name of the United States!

This time, the fun got even bigger. No one expected that these workers would stand up and express their support for this acquisition. This was obviously beyond the expectations of everyone outside. This directly made the U.S. Department of Commerce dumbfounded. Of course, they were dumbfounded.

The European Union and Germany's Daimler-Benz are happy. A good thing, this is definitely a good thing!

"The American workers in Detroit made their decision from their own perspective. I hope that the U.S. government can respect the law, respect the laws of the market, respect the rights of workers, and agree to this deal. Otherwise, both sides will suffer in the end. And here we are.

In the end, the only ones who will be really hurt are these workers!" Aisha Gaddafi spoke again.
Chapter completed!
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