Boom, boom, boom.

Everyone's eyes were focused on David at the same time.

"Heh, I don't think there's any need to communicate privately with East West Bank. The East West Bank merger is clearly a threat to U.S. national security......" David insisted after a few seconds of silence.

"Uh...... I didn't say I was against censorship, but I suggested that I have a private conversation with East West Bank before making a decision. Since David insisted, then I don't have any opinion. McVeigh spread his hands and explained, and then said nothing.

Last night.

McVeigh promised to help East West Bank as much as he could, but he was obviously unwilling to have a serious confrontation with others for Tang Bao's sake.

"What about other people's opinions?"

Seeing that the atmosphere in the conference room was silent, Treasury Minister Baker asked politely. Although David's reduction of holdings has made the investigation into the East West Bank merger case a foregone conclusion, he still figuratively consulted others out of politeness and respect. FirstWisconsin International Bank

"Wait a minute, I think it's important to look at not only East West Bank's acquisition of FirstWisconsin International Bank, but also a series of previous East West Bank acquisitions." David interrupted Secretary Baker's speech very forcefully and offered his own proposal.

Call.

Minister Baker was very angry at this, but he couldn't vent it, so he could only take a deep breath and force down the anger in his heart.

……

Baker stared at David with a disapproving face, while David smiled at each other without showing weakness.

Suddenly.

Sparks of friction flickered in the room.

In this regard, everyone looks at the nose and nose, looks down and pretends to read the documents, plays with the signature pen in their hands, or gloats to watch the play.

It's not a big secret that Baker and David don't get along. There are even some people who say that Baker may resign in the near future. And David is the best candidate for Secretary of the Treasury.

Call......

With a long exhale, Minister Baker looked around again and asked with a smile on his face, "Ladies and gentlemen, what do you think of David's proposal?" ”

The voice fell.

Everyone remained silent, and no one rushed to stand up, although Baker, the secretary of the Treasury, was theoretically the head of the Committee on Foreign Investment in the country.

However, it is clear that everyone does not have much respect for him.

"I agree with David's proposal that the acquisition of East West Bank should be strictly investigated. Meantime. We, the Department of Justice, have also made a decision to launch an independent investigation into East West Bank. "Justice Minister Plath broke the awkward atmosphere and gave a clear response.

"I also agree to investigate ......"

"I don't think there's any need to stir up a crowd, just investigate the merger and acquisition of FirstWisconsin International Bank, investigate it all, we don't have that much time!"

"I agree to a full investigation!"

"I object, ladies and gentlemen, that the U.S. banking system is indeed in crisis......"

"Abstain!"

"Agreed."

"Against ......"

……

Soon.

The members of the Committee on Foreign Investment (CFIUS) have expressed their attitudes, and there are 15 members in total. Eleven of them agreed to investigate the East West Bank takeover, with two opposing and two abstaining.

But.

There was a great deal of disagreement among the committee members on whether or not to conduct a comprehensive investigation. East West Bank has acquired a number of smaller banks, and if you look at each of them, you will have to scrutinize them all. Those 30 days of review time are simply not enough. In addition, as the investigation lengthens, the scale increases. There is also a lot of pressure on human and financial resources. The newly established Committee on Foreign Investment is not rich in terms of budget.

Helpless.

After a heated debate. All sides have taken a step back and adopted a compromise approach. In addition to reviewing FirstWisconsin International Bank's M&A transactions, CFIUS will select a selection of East West Bank's other M&A transactions for rigorous scrutiny.

……

"Hey!"

Nick answered the phone, and then handed it to Tang Baodao, "Boss, the phone number of the Committee on Foreign Investment!" ”

"Hi Don, my Baker."

"Hello, Minister Baker. Excuse me, is there a result of East West Bank's merger and acquisition filing? Tang Bao greeted politely, and then asked.

"Yes, that's what I told you about. The Committee on Foreign Investment in Japan (CFIUS) will review the merger of East West Bank, and a formal notification of documentation has been sent to all parties involved. ”

"Oh."

Although he had been prepared for a long time, Tang Bao was still a little disappointed after listening to Baker's words. The Committee on Foreign Investment (CFIUS) has been examined for a month and an investigation of 45 days, and he fears that something will happen......

"Tang, in addition, this review is not only for the M&A of FirstWisconsin International Bank, but also for some other transactions of East Mein."

"Hmm. I know. Thank you, Minister Baker. ”

Soon.

The Committee on Foreign Investment in China West Bank (CFIUS) has decided to review East West Bank's acquisition of FirstWisconsin International Bank.

As soon as the news came out.

There are mixed news and worries in the outside world, especially in Japan, Britain and other companies with large investments in the United States, which are extremely concerned about the news of the review of the acquisition of East West Bank. Because they have a very small number of M&A transactions in the United States, they are worried that they will encounter similar problems.

Those who have called for a boycott of East West Bank and a government to limit its expansion have rejoiced and applauded.

Anyway.

For the first time since its establishment, the Committee on Foreign Investment in China (CFIUS) has shown its sword, and the response has been huge.

……

East West Bank's merger and acquisition has officially entered the review period.

At the request of CFIUS, both East West Bank and FirstWisconsin International Bank submitted a thick stack of materials.

Thereinto.

FirstWisconsin shareholders were also anxious, and in particular, they provided a note asking CFIUS to conclude its review as soon as possible, as their financial problems were serious and could collapse at any time if they did not receive a timely bailout from East West Bank.

"Don, I talked to McVeigh about the M&A deal against East West Bank. At the end of the review period, it will be transferred directly to the investigation period until the results of the investigation are handed over to President Reagan for decision, a process that will last for three months and will not allow for manoeuvre. Lady Annette said.

"Hmm."

Tang Bao hummed helplessly, that night, McVeigh had made it so clear, he naturally had a bottom in his heart about this matter.

As a result of McVeigh's presentation, he is also aware of CFIUS's entire review process, including the filing stage, the review stage, the investigation stage, and the presidential decision stage.

"Don. The procedure at the review stage is the most flexible, and the CFIUS will be the main reference for making decisions based on a variety of materials and descriptions of the parties involved in the acquisition. I suggest that you interview each member on a case-by-case basis during the 30 days of the review period. Or do something that would help reassure CFIUS......" Lady Annette advised.

Well.

Tang Bao also has this intention.

In fact, he was already planning to meet four key figures: David, Plath, Leguent, and McFarlane.

……

Do what you think.

Soon.

Tang Bao met with the four of them separately, and the four of them were tepid towards Tang Bao, with no obvious hostility, but no intention of being close.

It's all a business-like attitude.

This kind of important thing. It is not something that can be negotiated in a few words, and Tang Bao did not expect to achieve results from the first meeting, and in the following time, Tang Bao met with several people many times.

this day.

Tang Bao met with David again.

"Huh......?"

Tang Bao's brows couldn't help but furrow slightly. Today, David still seemed to have a very normal expression, but he could feel a look of annoyance in the other party's eyes. It's just a flash, but it's definitely not a good sign.

"Don, I told you. The expansion of East West Bank has covered almost every state in the United States, which has seriously affected the security of the financial system in the United States. David repeated his words.

"Well, Mr. David, may I ask you any company you have seen that does not want to expand, and you can't say that it threatens the national security of the United States just because East West Bank is expanding very fast. This is very unreasonable and untenable. Tang Bao smiled lightly and stated his thoughts.

"Untenable? Hey, look at what East West Bank has done before, there has been a run on the bank, and it almost caused a riot...... Hasn't it compromised on security yet? ”

"It was an accident, and besides, East West Bank and the Federal Deposit Insurance Corporation of the United States have signed a cooperation agreement, and the matter is perfectly resolved."

Hear the words.

David shook his head, "Anyway, I can't be satisfied with your explanation. FirstWisconsin International Bank should not be swallowed up by a company with a track record like yours, which would have disastrous consequences. ”

"Then who do you think is the most suitable takeover of FirstWisconsin International Bank?"

"I think ......" David's words, just halfway through speaking, he changed his words: "That shouldn't be a problem for me to consider, I just know that I shouldn't be acquired by East West Bank!" ”

Then.

David hurriedly threw down the phrase "I have something to do" and couldn't wait to get up and leave.

Hey.

Tang Bao sneered, just now he just inadvertently tested it, and immediately understood that David's strong opposition was not as high-sounding as he said.

……

Fortunately.

In the Department of Justice's Plath and the Department of Homeland Security's Legerent, Tang Bao's breakthrough progress can be regarded as a surprise.

Ultimately.

Legent agreed with Tang's suggestion that they be tasked with erasing the Department of Homeland Security's account transactions at FirstWisconsin International Bank.

Then.

Tang Bao registered the relocation of Huamei Holding Group to the United States, and Plath was able to clearly find out the equity situation, which finally dispelled the suspicion that Huamei Bank was controlled by the Chinese government.

……

Meantime.

Both Winnieburger and Feitner went to CFIUS to explain the deal and engaged in active lobbying work.

After more than 20 days of hard work.

In the end, the hard work paid off and a breakthrough was made...... It can even be said that the unexpected progress. Tang Bao, who got the news, was also pleasantly surprised! (To be continued......)