Tom Zawistowski

Yep.

And Hutchinson Wampoa is a huge company with all sorts of things.

There was a guy that was over there, Lee Kashin, which people used to refer to him as Lee Cashin, because it seems like every government he talked to, he would get the deal done.

So anyhow, as you see the map here, you see how important these two ports are as you go through the Panama Canal, which takes you through Panama.

And by the way, it goes up mountains.

They take the boats in.

They fill it with water to make the boat go higher.

Then they put it, it's called the locks, to the next step, to the next step.

It's like making a boat climb stairs through all the Panama Canal.

And it's hugely important because that's how Pacific Freight gets to the Gulf of America and then gets over here to Panama.

New Orleans and Houston and Miami and our major ports.

So this was a business deal that everyone thought, wow, who's going to own this?

Is BlackRock going to make a deal with Hutchinson?

There is a deal on the table.

And then all of a sudden.

HUTCHISON SAYS, WELL, MAYBE I DON'T WANT TO DO THAT.

MAYBE I'LL DO IT DIFFERENTLY.

AND EVERYBODY TALKED ABOUT IT.

CIA LEAK CAME OUT THAT SAID THAT THE CHINESE WERE PUTTING PRESSURE ON HUTCHISON NOT TO DO IT BECAUSE THE CHINESE HAD BEEN INVESTING IN THE CANAL AND WANTED TO CONTROL IT SO THEY COULD CONTROL THE UNITED STATES AND THE WEST AND TO PUT PRESSURE ON TRADE.

THAT'S WHAT THE GAME WAS.