Chapter 1632: Punch the DC Nursing Home and Kick the Congressional Kindergarten
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"puff"
"puff"
. . . . . .
"Why should I pay back the money I borrowed by myself now!"
As soon as this sentence with a bit of rogue logic came out, the audience was in an uproar, and the American people in front of the TV even sprayed it directly.
All the people in the United States who were watching the hearing at this time had extremely strange expressions on their faces. They watched the TV in a daze. Just like everyone worked hard for. . .
"Giggle..."
Ivana watched her man talking nonsense in a serious manner, laughing and trembling, tsk tsk, the shaking was exaggerated, those who didn't know thought it was an earthquake.
The other women had different expressions, bursting out laughing, and it didn't seem very surprising that a man they were familiar with said such shameless hooligan logic.
At this moment, including the hearing scene, the American people in front of the TV, after being stunned, suddenly felt that these words sounded so reasonable!
Well, the reason why it's rogue. It's not that the rogue is on this logic, but the logic is infiltrated into the sentence, emphasizing the "relying on one's own ability" and downplaying the meaning of "borrowing".
This is the pit.
The other eight giants on the long table looked at Andy sideways with extremely weird eyes, and then thought of something, they covered their mouths with their hands, looking down in thought, but if you look carefully, their constantly shrugging shoulders And the uncomfortable expressions on their faces, it can be seen that if they can, they will definitely laugh out loud.
Andy's words almost touched their hearts.
Yes, why should we pay back the money we borrowed by ourselves!
Faced with the chuckling and whispering in the auditorium and press seats behind him, the suppressed laughter of the giants around him, and the dumbfounded faces of the members of the hearing committee, Andy asked why are you looking at me like that? Am I wrong? With an innocent expression, he shrugged his shoulders innocently, and spread his hands to express his frankness.
The aloof Financial Services Committee of the House of Representatives simply cannot use enough professional knowledge to counter the defense of this group of bankers. Andy is not the other eight executives who will use an extremely "humble" attitude to win understanding and pretend to be a grandson. He is using When the financial crisis raises money,
I have already made all the preparations that I may have to deal with today's situation.
This was originally a criticism meeting full of secular venting. The congressmen present may not really care about the financial crisis. If they don’t say goodbye, they are all filled with righteous indignation now, as if they are judging the evil alliance on behalf of justice. What did lawmakers do at the start of the financial crisis?
Especially in the more than an hour before the hearing, the expert consultant team gave Andy a "crash training" for the hearing, such as how to adjust the rhythm of the conversation, how to respond if the questioner suddenly interrupted, and he must not apologize. Whether it is to expose some golden sentences and increase the favor of the public, etc., the expert advisory group strives to make Andy an image of humility, easy-going, straightforward, and neither humble nor overbearing.
In the words of the expert team, apologize, you only need to apologize if you do something wrong. And Andy did nothing wrong, once he apologized, he must bear certain responsibilities.
This hearing is a criticism meeting full of anger and criticism, and it can also be an image public relations.
This little episode triggered by Andy still couldn't stop the stormy catharsis and censure of the congressmen in the entire hearing.
The financial crisis has caused the US economy to fall into a severe recession, and the unemployment rate remains high. The American people are generally dissatisfied with the crisis caused by excessive speculation by banks and other financial institutions. At the same time, the American public is full of resentment and anger at the fact that financial institutions pay high salaries after receiving government bailouts.
"According to the regulatory documents submitted, we can see that in 2006 and 2007 alone, your 8 CEOs received a total of 401 million US dollars in compensation. And the total market value of your respective companies has increased since the Dow peaked in October 2007. Down 69.
I would like to ask everyone, why are you so embarrassed to take away so much salary, even in 2008, you also had a generous salary, why do you want to get extra bonuses? The American public "has a right" to be outraged that you continue to receive high wages while receiving government assistance. "
The chairman of the committee, Phil, looked ugly, and stared angrily at the CEOs at the long table below, watching them perform bitter performances with their hands pinching their cheeks and covering their foreheads, and sternly reprimanded them.
Facing the most concerned issue of the American people, these financial giants could not avoid it, and each responded.
Bank of America Lewis admitted with apology that the banking industry suffered a lot of losses during the financial crisis. Salary punishment..."
Mg Chase stated that most of its employees had accepted "substantial salary cuts" in 2008, however, the company will continue to pay salaries in a compliant manner to attract and retain top talents. . .
Magna Stanley CEO John said, Magna Stanley is reforming the compensation system to curb "excessive risk-taking behavior." At the same time, he did not forget to say that he did not receive a bonus in 2009. It caused a burst of cynicism from the MPs.
"Mr. Smith, you distributed a total of US$2 billion in bonuses to your employees in 2008, with an average of US$161,000 per person, but the proportion of high-level employees was higher. The top 70 employees, each with at least $10 million bonus. Do you have anything to explain?"
A member of the Donkey Party from New York State took out the materials he had and questioned Andy, who had always been calm and calm.
When she revealed those dollar figures, there was an uproar at the scene, and the people in front of the TV were even more shocked.
So tm proud!
This is the real big local tyrant, who can be so generous to his employees, he is definitely a good boss.
"How do I want to spend my money? Do I still need other people's consent?" Andy asked back with a smile. Seeing that the other side looked unhappy and wanted to continue asking, Andy shrugged and said, "If you really want to give someone else's consent?" The rationale is that it provides a special incentive for them to help companies solve difficult problems.”
"poof"
"hehe..."
The group of subordinates dressed as Wall Street elites sitting behind Andy couldn't help chuckling, and there was a burst of laughter at the hearing. There is a set.
Isn't it true, what can increase work motivation more than US dollars!
In the following hearings, Andy Smith was like the incarnation of the golden boy of baseball, ushering in one limp serve after another, and the red-faced rants of the congressmen against Andy seemed more suitable for kindergarten.
"Of the nine people here, eight have private jets, why don't you sell them?"
"Sorry, Mr. Congressman, it's very convenient to travel by private jet, and I'm not short of money!" Andy said with blinking eyes.
"Taxing the Banking..."
"Sorry, Senator, using tax policy to penalize is a bad idea, it just predisposes all companies to pass their costs on to their customers." Andy persuaded with a serious expression.
"I want all of you to commit to a de facto payment moratorium," said the senator in charge of the Thrift Institution Superintendent's Office, angrily and forcefully. Asking each and every one of you to put a foreclosure pause on hold until you receive Treasury assistance funds."
"I refuse. This goes against the market economy that the United States has chosen to implement since the founding of the country. Freedom and equality are an important part of American values. The free market economic system was established based on this value.
Senator, your request reminds me of Marx. . . . . . "
wow
Whether it was the hearing site or the audience in front of the TV, they were all in an uproar. No one expected that a "criticism meeting" that was originally intended to relieve the anger of the American people and that the evil alliance was mercilessly questioned and ridiculed ", completely evolved into a fierce confrontation of lips and swords.
Throughout the hearing, what impressed everyone the most was that in the face of every time he was questioned, Andy Smith showed his superb financial wisdom with a "humility and candor" attitude, and easily counterattacked and brought out the unprofessionalism of the congressmen. .
This also made the column comments of major newspapers mercilessly satirize the anger of the congressmen after the hearing.
"Our boxing champion is like walking into a kindergarten and meeting a group of kids who can only yell at him..."
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