Coquettish Rebirth

"This big Zhang is quite careful!" Jia Hongjian looked down, only to find that this big Zhang directly wrote out the explanation—the bankruptcy law of the United States is quite special!In the general country's bankruptcy laws and regulations, the stipulated closure of business and auction of various things to pay off debts is called bankruptcy liquidation.And the meaning of bankruptcy protection is similar to a person who runs a restaurant who owes a loan shark, but when the date expires, the loan shark comes to ask for money, and this person can't afford it!Then this person is more eloquent, seeing the loan sharks wanting to rob their store, so he told the loan sharks that he can make money by keeping these things for him, and that if he can make money, he can pay back the money to the loan sharks.Usury is still asking for money after all, it's not like killing people and setting fire like crazy, right?Besides, it's useless to grab a bunch of tables, chairs, benches, pots and pans?It's better to leave it to this person, let this person make good money to pay back the usury.So as soon as the usury made sense, they sent a few people to watch this person every day and let him open a shop to make money. Then the person in front took the money, and the usury in the back took the money away!

Bankruptcy protection is somewhat similar to the above example, but it is also somewhat different—bankruptcy protection can be a company that owes money or a creditor who borrows money, and the company that owes money is required to go to the court for bankruptcy protection. Propose a reorganization plan, and then make a plan to plan how long and in what form to repay the creditors, and then at such a stage, the law protects the debtors from being pursued by the creditors!To put it bluntly, it is to give a short-term opportunity to "re-be a man" before bankruptcy and liquidation!What is different about the bankruptcy law in the United States is that after the company voluntarily proposes bankruptcy protection, it does not need to propose any restructuring plan, and all the management can stay in office, which is equivalent to obtaining a one-year legal protection for them to continue their daily work. Opportunity to operate!

So what is the essential difference between such a bankruptcy protection regulation in the United States and other countries?The essential difference is that it can greatly weaken the power of trade unions!When there is no bankruptcy protection, there is no way to discuss layoffs and salary cuts with the labor union, but after bankruptcy protection, the law gives Del Hui the right to negotiate with the labor union!It can be said that Del Hui immediately and decisively applied for bankruptcy protection after only a small loss for one year, which was to threaten the union on the one hand and GM on the other hand!Don't forget that Del Hui is independent though.Although it is listed, GM still has their shares!There are still about 30% of the shares!If Del Hui goes bankrupt, GM's own shares will be in vain!

At the same time, such a bankruptcy protection in the United States is given for one year at a time.Then when it expires, you can apply for renewal!This is just perfect!So after getting bankruptcy protection, Del Hui immediately proposed a reform plan with the trade union - dismissing 4000 workers at one time, and then cutting the wages of the rest in half!The average hourly wage is only $14 an hour!You must know that at such a time, the minimum wage in the United States is $7 an hour.And the minimum hourly wage in China these days is about 7 yuan an hour!In this analogy, it is equivalent to requiring Chinese workers to accept an hourly wage of 14 yuan per hour. If the 8-hour work system is strictly implemented, then 40 hours a week means that workers can get 560 yuan per month. 4 weeks calculation is only 2240 yuan ah!And that's before taxes!

They are not happy to give workers in Chinese automobile factories 2240 yuan a month before tax!That is, only various sweatshops can use this price to hire some assembly line workers!But the work intensity of assembly line workers is different from that of workers in auto parts factories!Having said that, if Chinese workers are given a monthly pre-tax salary of 2200, Chinese workers will not do it, let alone American workers?Even if you give them dollars! If the monthly pre-tax salary of $2240 is converted into a 12-month annual salary, it is a pre-tax income of $26000 a year.And the poorest counties for a family of four in the United States in 2006 was $2, after tax.Most of the situation in the United States is that men go out to work and women take care of their children at home. Therefore, after teaching taxation, it can be said that the money received by Delhui workers is almost the same as the poverty line!Who can do this?Putting it in China is a bit similar to the fact that factories previously offered workers 3000 yuan in wages, but the benefits were not good and they had to cut wages, and it was suddenly reduced to 1500 yuan. Who can do this?There is no need to work in this factory with this money, okay?

And this is indeed the case for Del Hui. You must know that the average wage of the working class in the United States in 2006 was 2.9 US dollars, or after tax!Delhui's group of workers directly fell below the average line and reached almost 4 US dollars. Does this make people live?Although it is said that the working class in the United States still lives in "single-family villas".They still have color TVs, refrigerators, air conditioners, and cars, but the wages are only a little above the poverty line. How can this make a family's life better?Can you still save money for your child to go to college in the future?Originally, an American worker earning $[-] a year would not be in the middle class of the United States.As a result, the whole family is now close to the poverty line!

So just thinking about it, you know that it is impossible for the trade union to agree to such a plan, so don't even think about it!Perhaps when the company's situation is not good, the trade union may agree to a salary reduction, but the salary reduction cannot be so large!Then this matter is definitely enough to talk about. On the other hand, GM is also worried that its shares will shrink.I also thought about how to help Delhui, but it is impossible to really ask them to pay real money and pay for Delhui's worker benefits!After all, GM is only a shareholder of Delhui now, and it is only the largest single shareholder. It does not mean that they will continue to inject capital to support Delhui!So 06 passed in the midst of wrangling, and Del Hui continued to lose money.

Originally speaking, according to Delhui's annual sales volume of 300 billion yuan, it is really not a big deal to lose 5 million U.S. dollars every year. A loss of three or four years will not cause Delhui's cash flow to break and go bankrupt, but The problem is that after 06 was wasted, the subprime mortgage crisis broke out in 07!When the loan crisis first broke out, although it really didn't affect Delphi from the financial level, after all, they didn't directly buy those Lehman Brothers, Freddie Mac and Fannie Mae stocks, but it didn't take long--soon The U.S. stock market began to fall in various ways, and then consumers subconsciously tightened their consumption because they saw the poor economic situation.Those who could have bought a $10 car may now be able to buy a $7 car, and since then, the price issue and fuel consumption issue have become very important to car companies!Therefore, there is no need for car companies to choose Delhui products with relatively high costs!Therefore, Delphi's orders in the United States decreased a lot, especially from GM.GM's previous orders accounted for 65% of Delhui's orders!

After surviving 07, Del Hui and the others wondered if 08 could be better, but who knew that GM was on the verge of dying in 08, and Europe was also affected by the economic crisis.So at this time, the people in Delhui discovered in horror that the real crisis of bankruptcy and liquidation may be just around the corner!They must find a way out quickly!Putting aside the matter of negotiating with some union workers, they have to find the money owner first!Regardless of whether Jin mainly bought the entire company, or bought some departments, anyway, Del Hui must do something now in exchange for cash.Otherwise, the entire company may be ruined in the future!As for GM, after signing the contract with Huaxia Motors to sell Saab, their company internally considered that the Chinese seem to be the financial backers now, should they ask the Chinese to see if they can find a way out for Del Hui? If Delhui finds a way out, it will be good for GM itself!

The news that GM has temporarily passed is that they are first willing to sell their shares in Delhui. Of course, Delhui is still losing money, so this share is worthless and does not have much investment value.So GM has an immature proposal, that is, Huaxia Automobile will first invest in Delhui.Then see if you can operate it and start a division.Just like Delhui became independent from GM back then, Huaxia Auto took 30% of Delhui's shares to select some of Delhui's businesses or departments, and finally became independent.On the one hand, it can be regarded as helping Delhui to reduce the burden. On the other hand, Huaxia Automobile can also get some intellectual property rights and production technology that Delhui brought out from GM back then...

As a capitalist, when Jia Hongjian saw GM's proposal, the first thing he thought about was the trade unions and workers in the United States!What he considers is that if he chooses to buy some departments from Delhui by buying shares and then saving the country through the curve like the general plan proposed by GM, will he also take away some of the workers in other factories?It is estimated that Delhui must have asked for this, after all, people have a headache now that they have a headache for the workers!If Jia Hongjian was the chairman or general manager of Delhui.He would definitely want the other party to take some workers away!But if Jia Hongjian really took over these workers, he would definitely be burdened and take over!

If we receive 2000 of these workers, the cost may be 4000 million to 5000 million US dollars a year higher than others!It must be much more costly than local production in China!In such a situation.If you want to fire all the workers directly and move the factory directly to China, it is not impossible, but there are also troubles!If ordinary capitalists do this, the workers will have nothing to say, at most they will go on strike or something.But doing this as a capitalist from China.That would be bad!At that time, the Republican Party of the United States is not going to hype the Chinese boss to relocate the factory and make thousands of American workers unemployed. This will immediately provoke the American people to hate the Chinese boss!Not to mention that the Chinese boss is Jia Hongjian himself!

And the point is, didn't Jia Hongjian and the Communist Party of China want to join forces to come up with a plan to help the unemployed people in the United States get jobs again?Oh, I just said that I want to re-employ the unemployed Americans. I just pretended to be as noble as an angel, but now I fired 2000 American workers by myself?Immediately everyone would feel that Jia Hongjian was too hypocritical, and immediately he would even implicate the ****!It's not that Jia Hongjian has any friendship with Mrs. Ma, it's not that he doesn't want to hurt Mrs.It’s just that he is going to be the president in the future, and now that he is so implicating the future president, is he really not afraid that he will hate us when he comes to power?When the time comes when he becomes the president, can he target us with just a few policies?Is it necessary to annoy the Buddha at this moment of cramming?

However, a capitalist like Jia Hongjian is not an ordinary capitalist, and at this moment he suddenly wants to take over such a group of workers... (~^~)