The powerful lobbying ability of the Royal Family Fund in Washington is eye-catching, especially the chairman of the consortium, Wang Yaocheng, who personally went to the battle and contacted many powerful figures in the George administration and helped them stand in their own camp.
The strong pressure from the government level and the public opinion circle has made the Ministry of Justice in a state of disarray. Marken Delrahim, the antitrust director of the U.S. Department of Justice and assistant chief prosecutor, was beaten into a sieve by the public opinion fire.
U.S. Department of Justice Office Building, Office of the Second Deputy Secretary, located in Washington.
Second Deputy Secretary Homer S. Cummings sat behind his desk with a gloomy look on his face. He turned a blind eye to the two people standing in front of the desk and flipped through the documents in his hands irritably, making the paper clatter.
Assistant Chief Prosecutor Marken Delrahim glanced at Antitrust Director McKenzie, who was standing next to him, and felt that both of them were extremely unlucky. They were so desperate that they encountered the Royal Family Fund.
To be honest, the HSBC antitrust case really has nothing to do with the two of them, they are just senior staff.
This antitrust case is driven by several veteran senators in Congress, including Senator Michael Bay, the U.S. boss behind Samsung Group, and several white senators who support the Cleveland Consortium and the Chicago Consortium.
Upon closer inspection, it involves the blood and tears of market competition, and the relationship between intricacies and chaos.
A simple summary is just one sentence;
Free market competition cannot defeat others, and stumbling on others and using evil tricks in other places is purely harmful to others and not beneficial to oneself.
The companies under the Royal Family Fund are too clean, so there is nothing they can do about it?
Although he adopts reasonable tax avoidance methods, he still pays a lot of taxes, and he is actively involved in the charity industry, donating tens of millions of dollars to renovate facilities for minority activity and employment sites and homeless shelter centers across the United States.
In the antitrust investigation case of HSBC, why did Citibank come forward to accuse?
The reason is that the Rockefeller family is the largest shareholder behind Citibank, and the relationship between the two dates back to more than 100 years ago.
1891
The Rockefeller brothers John and William were deeply aware of the important role of the financial industry, and vigorously strengthened their investment in Citibank in New York, penetrating their influence into the Citibank board of directors.
From then on, Citibank became the financial dispatch center of the Mobil Consortium. The marriage between the two was close, and the Rockefeller family approved it. This bank invested huge profits into various economic sectors in the United States, and the "oil king" gradually transformed into a "financial oligarch". The Rockefeller Consortium
It was also formed from this.
More than 100 years have passed, and the Rockefeller family still maintains its traditional influence on Citibank.
During the Asian financial crisis in 1997, the US-funded consortium headed by the Rockefeller family seized the fruits of the financial crisis and injected huge sums of money to control the Samsung Group. This is where the feud with the Wang consortium began.
According to Wang Yaocheng's temperament, he would never underestimate Samsung. He used almost all kinds of martial arts to pursue, intercept, suppress and beat Samsung Electronics, the pillar company of the Samsung Group, and bloodbath and press him closely.
The result is that Samsung Electronics was not only cut off its wings (LCD panel industry), but also cut off its legs (DRMA memory chip industry). It was also closely pressed and brutal price competition made it weak and unable to survive at all.
A huge electronics industry empire.
With the rapid development of China's domestic home appliance industry, Samsung Electronics' home appliance business has shrunk sharply. Its mobile phone business has been jointly suppressed by Panda Mobile and Dell Mobile. Its development is extremely unsmooth, and it has fallen into a loss-making situation overall.
Therefore, Samsung Electronics is much weaker now than it was in history. Its scale is less than 1/5 of its original size, and it does not have enough pillar industries to rely on.
The LCD panel industry has been sold, the DRMA memory chip industry has been sold, the home appliance industry has shrunk extremely, and the mobile phone industry is barely making ends meet. This is the miserable situation Samsung Electronics is in now.
The Rockefeller family is not stupid. Of course they know who gave this to them, so how can they not let out the resentment in their hearts?
As for the Cleveland Consortium and the Chicago Consortium, all the sad past events stem from more than a year of tug-of-war between HSBC and the Bank. At that time, the conglomerate family played the role of white knight one after another, and finally left the bank with a huge loss, or even disappeared into ashes.
Even the top-floor unit of the Viking Building where Wang Yaocheng lives now is a traditional property owned by white families in the Chicago conglomerate. The grievances and resentments here cannot be explained in a short time.
Choosing HSBC to start your business can really be said to be a case of wrongdoing.
"Maken Delrahim, can you explain the HSBC antitrust case and who authorized you to speak out in public on behalf of the Department of Justice?"
Second Deputy Secretary Homer S. Cummings stared at Marken Delrahim with his good eyes, and said in a cold tone: "I hope you can give me a reasonable explanation, how could this bullshit case be dismissed?"
Come to my desk, did Mr. Attorney General give you the authorization?"
Marken Delrahim said bitterly, Mr. Justice Minister did not authorize the investigation, but I went to investigate the HSBC antitrust case after a full meal. Does it have anything to do with me?
He didn't dare to say anything, let alone put the blame on Mr. Justice Minister.
Office politics in the United States are also fiercely competitive. As a member of the Elephant Party, the Attorney General is a government employee and a core member of George W. George's government. He is more of a politician than a professional.
The professional leader of the U.S. Department of Justice is the Supreme Attorney General rather than the Attorney General. This is determined by the unique political structure of the United States.
For example;
The Secretary of Defense is a politician, not a professional soldier, and belongs to the government. The Joint Chiefs of Staff of the U.S. Army is the central nervous system of the entire military, and it follows the principle of civilian leadership of the armed forces.
No matter what, both the Supreme Prosecutor General and the Minister of Justice are his bosses, and Marken Delrahim cannot afford to offend any of them.
Unless you voluntarily leave the Ministry of Justice, where you have a career that has been very successful, it is better to just take the blame.
"Sorry, Mr. Deputy Minister, my rash decision made everything terrible."
"Can you just say sorry and be done with it? The young and promising Mr. Maken Delrahim, the extremely influential BOSS King, is now a guest on Capitol Hill. I don't know which senator's office he sits in, but
I know he hasn’t gone to meet the vice-president and the leading student of T&T yet, and we still have some leisure time to drink coffee here.”
Homer S. Cummings reprimanded with spittle; "Do you think that my life is easy and you insist on finding some trouble for me? Please find me a trouble that I can solve, and
It's not like kicking the iron plate.
HSBC is a company with global influence. There is an unprecedented antitrust investigation into a financial company. The British Prime Minister's Office called to inquire about this. How should I respond?
Commander George is a close friend of King BOSS. Now is the election year. If you do this, how will the commander-in-chief think of us?
Has the Ministry of Justice been overrun by the Donkey Party?
Think about it with your pig head. This is an extremely stupid decision made by choosing an extremely stupid opponent at an extremely stupid time. I am simply mad at you.
Hurry up and think about how to deal with the aftermath, otherwise I will gladly kick your beautiful ass and get you out of the Department of Justice."
The reprimand made Maken Derrahim sweat in a cold voice and he said in a panic: "Mr. Deputy Minister, this is all my fault. Please give me a chance to deal with the aftermath as much as possible and strive to solve the problem without affecting the noble honor of the Ministry of Justice."
I am very confident about this trouble."
"Don't let the incident continue, take this bullshit report away and solve it!"
"Okay, okay, I will solve it properly as soon as possible."
After scolding Marken Delrahim, Homer S. Cummings calmed down a bit and turned to look at Antitrust Director McKenzie, as if he wanted to find a punching bag.
Mackenzie said hurriedly;
"Mr. Deputy Minister, this is an antitrust investigation case brought over by Maken Delrahim. We did not fulfill our responsibility for careful review and approval. The Antitrust Bureau will try its best to make up for this shortcoming and assume its due responsibilities. We will never
I will pass the blame to the senior officials of the Ministry of Justice.”
"Well, take action as soon as possible to reduce the impact. Mr. Minister must not get into this trouble. Are you all clear?"
"Clearly, this is entirely due to the selfish motives of some people and the review errors of the middle-level staff of the Anti-Monopoly Bureau. However, since the anti-monopoly investigation has been approved, it should be completed diligently and responsibly according to the procedures. The Anti-Monopoly Bureau will concentrate its efforts on handling this investigation case.
, and strive to complete it as soon as possible." Mackenzie vowed that there would be no problem.
At this time, the dead Taoist friend was not the poor Taoist, and Mackenzie vaguely pointed his words at Marken Delrahim, who looked defeated and dejected, and could not say a word.
"Yeah, okay."
Second Deputy Secretary Homer S. Cummings nodded in agreement. He knew the ins and outs of this matter. He was completely taking the blame for Mr. Attorney General and should not be too harsh on his subordinates.
It’s impossible to get into the details of this thing. The rabbit bites people when it’s in a hurry.
He thought about it carefully and was still a little worried.
The Department of Justice's antitrust investigation procedures are very cumbersome and even require Senate hearings. The final result is not entirely in the hands of the Department of Justice and will be affected by various circumstances.
Homer S. Cummings warned again;
“The Antitrust Bureau’s investigation procedures will be carried out as quickly as possible, and we will strive to resolve this matter before the summer recess of the House and Senate, leaving enough spare time.
You must know that the tax reduction bill, which is the biggest achievement during the President's term in office, will be debated in Congress in mid-May.
After the end of April, the House of Representatives and the Senate will no longer have the energy to deal with such nonsense, and will fall into fierce debates and hold many group discussions.
Therefore, the time must be advanced, and the relevant hearing procedures of the House of Representatives and the Senate must be completed as soon as possible to avoid unnecessary complications.
Based on estimates;
It is possible that the President of the United States will announce his candidacy for re-election as President of the United States after passing the tax cut bill, which will be around mid-May.
At this time, if you want to create obstacles for the higher ups, you know the serious consequences."
These words hit the hearts of Maken Delrahim and Mackenzie like a heavy hammer. The unlucky duo sighed and nodded in panic as if they were agreeing.
This flattery hit the horse's leg, and he was kicked so hard that he fainted.