The already complicated situation became more complicated and confusing with JW Foundation‘s delay tactics. Even the people in the United States did not expect it. In the office of the chairman of the United States Securities Regulatory Commission, Jorg Delton, who was born a democrat, had a constipated look on his face just three months after he took office.
Because of the different national systems, there would be different teams of staff for a governor to someone with a senior leadership position of a federal headquarters departments in the United States.
As the backbone of the democratic party, Jorg, who came from a political family, also had his own set of staff.
At this moment, his staff were analyzing the current situation.
“We can’t approve this.”
Jorg looked at the temporary lock in application form sent by the lawyer team hired by JW Foundation and felt his scalp tingling.
In a country with highly developed capitalism like the United States, the chair of the Securities Regulatory Commission was an extremely enviable position. His family and party had even spent a lot of money to fight for it.
Nothing happened to the previous chairs, and they were pretty relaxed at their jobs. It was only a few months after he took office that he encountered this kind of thing that the world was focusing on.
The worst thing was that the power of approval was still in his hands.
Jorg could almost feel countless pairs of eyes from all over the world staring at the approval application and pen in his hand from beyond the void. Someone like him who planned to stay in the political arena absolutely did not want this kind of limelight, at least for now. He would offend a group of people regardless of if he became the bad guy or the good guy.
“Jorg, rejecting directly won’t be a good choice.” Tobias, Jorg’s advisor and long time friend, raised his head and said.
“None of the lawyers out there are easy to deal with. They have even prepared no less than three sets of rhetoric to deal with any reasons we give them for a rejection.”
“The most important thing is that there are provisions in the federal law. Unless we have evidence proving that this fund is suspected of illegal activity or harming the national interests of the United States, we can’t give any reason to refuse.” Tobias had a cautious look on his face.
“Everyone knows that Jasper Laine from Somerland is using this money to plunder the wealth of the United States. Do we still need evidence for this?” Jorg snapped angrily.
“Jorg, this is not what you, the chairman of the Securities Regulatory Commission, should say.”
Tobias shrugged and continued, “After our analysis, we suggest that it’s best for you to approve it.”
“Firstly, this is in line with the requirements given to us by Washington. This can prove that the United States is an open, fair, and freely competitive market and that the government will not favor its own people, at least in the eyes of most investors in the world. Even if everyone knows this is a lie, Washington does need such a thing to prove its position.”
“Secondly, in essence, JW Foundation is no longer able to compete with Quantum Fund. Giving him 7 more days will do nothing more than make him struggle in pain for 7 more days.”
“Thirdly, the FBI plans to file a case against Google because they suspect them of fraud when Jasper purchased the shares of Google last year.”
After mentioning this, Tobias chuckled lightly and said to Jorg, “Since the FBI is willing to come out and offend everyone, why don’t we take advantage of the situation?”
Jorg narrowed his eyes and looked at his advisor. Then, he looked at the documents in his hand and said, “So, I should approve this application.”
“Yes, if you refuse, no one will think we are doing the right thing and even the public will doubt whether you can perform your duties objectively and fairly. Moreover, we have to face the prosecution of those damn lawyers. However, if you sign and approve it, no one will blame you for following the federal decree, they will only think that Jasper is too cunning.”
“Good!”
