Chapter 435 This is life

In early March, a big event happened in the American automotive industry.

The U.S. Department of the Treasury's Office of Foreign Assets Control, or OFAC, announced that Volkswagen Group and BMW Group were involved in unfair competition against U.S. companies and said it would launch an investigation into the two car groups.

Soon after, the U.S. Office of Economic Sanctions Policy and Implementation (SPI) and the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) also announced their intention to investigate the BMW Group and the Volkswagen Group.

At the same time, the U.S. Department of Justice also came forward, claiming that the two automobile groups may have violated the U.S. Foreign Corrupt Practices Act and the Helms-Burton Act.

As soon as these news and news came out, BMW and Volkswagen were stunned.

There is no doubt that this is the so-called "long-arm jurisdiction" that the United States plays very smoothly.

Companies or countries that have been affected by the "long-arm jurisdiction" of the United States include both the United States' own allies and countries that are hostile or have tense relations with it.

The world police are so lenient in their control.

What's more, it's still 2002, an era when America draws its sword and looks around in confusion, fighting invincible opponents all over the world.

If the Americans say they want to play long-arm jurisdiction, then they really do it.

"This time the fee is five times, Mr. Abramov, this time we are willing to pay you five times the price."

At the same time, we will do some preparation work before the merger of the two energy giants.

The two of them certainly have regular and strong collaborators on K Street.

"ha--"

"Hey, two friends from Germany. I have to say that this job is quite difficult this time."

The chief consultant of Smith Thinking Group carefully considered his tone and spoke softly to his boss.

It’s all the fault of Rolls-Royce Motor Cars!

The question is, are the two of them willing to give up the Rolls-Royce and Bentley that they have already talked about?

Not willing at all!

BMW and Volkswagen were shocked after learning the news.

These factors make Jack Abramoff one of the out-and-out K Street tycoons.

It also allowed his shares in PG&E to increase to about 70% after spending billions of dollars.

Abel looked at the happy CEO Shopus as he left.

"That's the only way it can be for now. We need to be clear about the strength of the enemy we face this time." John Wieland said.

PG&E's local shareholders had no choice but to retreat when faced with Abel, who stood on the high ground of public opinion.

John Wieland immediately reminded: "Don't forget where this is."

You may even be happy to see it work, but not necessarily.

John Wieland and Byrd, who had just gotten off the plane, soon received the news.

"The best way now is of course to satisfy him. We all know that when a lion starts hunting, it is because the lion is hungry. As long as the lion is full, then you don't have to face the lion's fangs and claws."

But Abel did not.

Look at Jack Abramoff. Because of money, his tone began to soften.

Bai Ruide said nothing, while John Wieland smiled and said:

Abbreviated as PG&E.

You have spent so much real money, how could you give up so easily now?

What Jack Abramoff calls the simplest method is simply impossible for BMW and Volkswagen to do.

The lower-level workers and technicians will not be laid off. Now that the two groups are merging, for the sake of stability, there is a high probability that they will not be laid off at the top.

Jack Abramoff was startled, and the expression on his face began to become warm.

This is the famous "Lobbying Street" in the United States.

Abel said confidently.

However, what will disappoint many people is that the old guys will most likely be indifferent.

But due to some local snakes, as the chairman, many of his powers are very limited.

In China, this is called one emperor and one courtier.

"This layoff is not just a random one. Business capability assessment and screening will be conducted, and a special team will be established soon. You are all the cornerstones of the larger Pacific Energy Group and the future. I hope you can cooperate with the work of the special team when the time comes!

"

Plus this time BMW and Volkswagen gave us too much.

Both Germans knew why the good-natured Americans came to target the two of them.

In the PG&E chairman's office.

But now, he has a third company in San Diego.

He is little Laura's first cousin, the position he holds now.

Look how confident Jack Abramoff is.

Byrd said angrily: "Mr. Abramov, we are willing to pay five times the price to hire you because we hope you can help us solve the problem instead of solving us."

"Let me tell you what I mean first. Layoffs are inevitable. The entire energy industry is downsizing. There is no way around it. Also, front-line energy workers and low-level technicians will not move this time. 32 global offices

, except for technicians and local managers, everyone else is being laid off!"

The meeting ended quickly, and everyone except CEO Shoups left the meeting room with solemn expressions.

K Street, which is located between Capitol Hill and the White House, runs across northern Washington from west to east.

Byrd is not as easy to talk to as John Verlander.

Relying on this relationship, he entered this industry in the 1990s and became prosperous.

He has very strong connections and energy here in the United States.

He smiled and said: "Although the difficulty is very high, you have found the right person. Believe me, if even I can't handle it, no one in the entire K Street can handle it."

Byrd came to his senses, nodded and said, "Then follow the arrangements from the headquarters and go find those vampires first."

Then the life and death of these wage earners were naturally tightly held in the hands of Abel Smith.

This is because some time ago, shortly after the substation incident occurred.

After hearing the news, the company's CEO Shoups, who was originally a local slut and lackey, looked relaxed.

Abel originally had two companies here.

The other was the original Sempra Energy and later Pacific Energy.

A few days ago, California Pacific Electric announced that it would merge with Texas Pacific Energy Company to form a new American Pacific Energy Group.

Then "K Street" in Washington is the center of ever-changing international politics.

On March 15th, Abel came to San Diego to inspect the headquarters of the two companies that were about to merge.

Then, before Bai Ruide and John Wieland could finish visiting the DC bosses related to the BMW Group and the Volkswagen Group in Washington.

Abel originally held only 50.9% of PG&E's shares and was the company's chairman.

Logically speaking, after Abel takes over, the first person who should be kicked out is Shopus.

"At present, the energy industry in the United States is affected by the war and the economic downturn, and the market is in a slump. In order to increase revenue, reduce expenditure, and reduce losses, various departments will have to lay off employees before the integration and merger of the two major groups..."

This turns him, the chairman, into a truly powerful chairman.

And when two Germans conveyed their experiences and situations they faced in the United States back to Berlin.

The two Germans, who had no intuitive sense of someone's influence and connections in the United States, were exaggerated by Jack Abramov's confidence.

After all, these two American automobile groups are their two biggest competitors in the global automobile industry.

When leaving the terminal of Dulles International Airport in DC, BMW Group's Benedict couldn't help but whisper to John Wilander.

That is the energy group also headquartered here, one of the largest utility companies in the United States, California Pacific Gas and Electric Company.

After the cleaning is completed, new people are added, people who belong to him, Abel Smith.

It has gathered a large number of think tanks, lobbying groups, public relations companies, civil society organizations, international headquarters, and the World Bank.

One is the founder of CDMA, communications giant Qualcomm.

The anxiety and nervousness I felt when I came from Germany gradually relaxed.

The lobbying companies here are like other American companies.

Abel is still in San Diego, California.

San Diego is a great place, famous for its warm climate, beautiful coastline and numerous beaches. The world's top university, the University of California, San Diego, is also located here.

After the integration, California Pacific Electric can merge with Pacific Energy cleanly and become the energy carriage in Abel Smith's commercial troika.

At first, I associated this matter with General Motors and Ford.

Mainly to do the preparation work for PG&E Company. After all, Pacific Energy has already completely taken its shape.

Even though he knew it was extremely difficult, Jack Abramov was still willing to give it a try.

Both BMW Group and Volkswagen Group have huge markets in the United States.
To be continued...