IS CLEVELAND-CLIFFS CEO, LOURENCO GONCALVES REALLY ON HIS WAY OUT THE DOOR?
Timothy Dean
Labor Consultant in Arbitration/Contract Negotiations. Experience and expertise in negotiating provisions such as: Successorship, Corporate Governance, Partnership, Neutrality, Job levels………..
IS CLEVELAND-CLIFFS SET TO AX THEIR CEO LOURENCO GONCALVIS CLEVELAND-CLIFFS TO AX THEIR CEO LOURENCO GONCALVES IF HE FAILS TO DELIVER?
COULD IT BE THAT CLEVELAND-CLIFFS CEO, GONCALVES JOB IS “ON THE LINE” IF HE FAILS TO DELIVER TO HIS BOARD, AS HE OBVIOUSLY HAS COMMITTED IN REGARDS TO SECURING THE DEAL IN REGARDS TO THE ACQUISITION OF U.S. STEEL?
YES, IN THE REAL WORLD OF BUSINESS, THAT’S QUITE THE POSSIBILITY.? SO PERHAPS THE REAL QUESTION THAT SHOULD BE ASKED IS, TO WHAT EXTENT IS GONCALVES WILLING TO GO TO SAVE HIS OWN NECK?? YES, I AM QUITE CERTAIN THAT THIS IS OF GREAT VALUE TO NOT ONLY YOU, THE READER, BUT TO SO MANY THAT ARE DIRECTLY IMPACTED BY HIS ACTIONS AND BEHAVIOR (THAT WE KNOW OF, JUST LEADING UP TO THIS POINT IN TIME).? SO YES, THIS IS DEFINITELY WORTHY OF FURTHER DISCUSSION WHICH WILL BE A LITTLE FURTHER IN DEPTH AS THIS WRITER INDULGES ON THE FACTS LEADING UP TO NOW.
YOU CAN GO TO MY PROFILE ON LINKEDIN AND READ PREVIOUS ARTICLES TO SIMPLY VERIFY MY QUALIFICATIONS TO SPEAK TO THIS ISSUE BASED ON MY YEARS OF EXPERIENCE WITH THE USW AND MY KNOWLEDGE OF IT.?
NOW THIS WRITER WILL READILY ADMIT THAT I HAVE FOUND IT MOST DIFFICULT TO KEEP UP WITH SOMEONE LIKE GONCALVES.? IN ALL REALITY WHEN I AM WORKING ON GETTING THE FACTS TOGETHER TO PREPARE TO PUT ON PAPER AN ARTICLE ON THIS SUBJECT MATTER, GONCALVES CREATES ANOTHER STORY.? MOSTLY ALL OF THEM ARE CONTINUATIONS OF SLANDER, ACCUSATIONS, THREATS, LIES, HIS NEXT SCHEME OR ACQUISITION THAT HE IS PLANNING AND WHO HE’S PLANNING IT WITH OR IN MOST CASES, AGAINST. THE LIST IN ALL REALITY COULD, AND FOR THE MOST PART DOES, GO ON AND ON.? THIS WRITER HAS HAD TO SIMPLY PICK A POINT IN TIME TO STOP, GATHER THOUGHTS AND FACTS, AND BEGIN TYING. THIS IS FAIRLY TYPICAL WHEN DEALING WITH A PATHOLOGICAL LIER AS MOST WRITERS, PUBLISHER’S, AND EVEN READERS BECOME TO REALIZE.? THIS IS A TRUTH ABOUT A LIER!
WHY DOES THIS WRITER FEEL SO CONFIDENT ABOUT THIS POSSIBILITY?? IT’S REALLY QUITE SIMPLE IF ONE SIMPLY EVALUATES THE SITUATION, SO WITHOUT TOO MUCH REDUNCY FROM PREVIOUS ARTICLES, LET’S DIG INTO THE FACTS.??
AS MOST RECALL, BACK IN EARLY SUMMER OF 2023, NEWS BROKE THAT U.S. STEEL FOUND ITSELF IN A POSITION SIMILAR TO WHAT ONE WOULD CALL “SUBJECT TO A HOSTILE TAKEOVER.” BASED UPON SEVERAL FACTORS THAT CAN LEAD TO THIS OCCURRING, THE ICONIC U.S. STEEL CORPORATION THAT HAD BEEN AROUND SINCE 1901 WAS FOUND TO BE IN FINANCIAL DISTRESS.? IT HAD SIGNIFICANT DEBT, LIMITED ASSETS, OLD ANEQUATED EQUIPMENT THAT WOULD COST BILLIONS OF DOLLARS TO UPDATE, WITH LITTLE CAPITAL TO INVEST.? WHEN THIS OCCURS, IT SUBJECTS OTHER COMPETITORS OR INVESTORS TO START A “BIDDING PROCESS” TO ACQUIRE THE COMPANY.??
CHOMPING AT THE BITS WHEN THE NEWS BROKE WAS NONE OTHER THAN CLEVELAND-CLIFFS VERY OWN CEO, LOURENCO GONCALVES WHERE THERE HAVE BEEN VARYING STORIES ABOUT HOW MUCH CLIFFS CEO ACTUALLY BID AND HOW IT COMPARED WITH NIPPON STEELS BID. FIRST WE HEARD THE ORIGINAL BID WAS AROUND $27 PER SHARE, OR $7-8 BILLION AND WAS MODIFIED A FEW TIMES, AND THEN, ACCORDING TO GONCALVES HIS LAST OFFER WAS ONLY $1 PER SHARE LESS THAN THE FIFY-FIVE DOLLAR ($55) PER SHARE THAT NIPPON OFFERED.? NIPPON’S OFFER WAS $14.9 BILLION IN ALL CASH AND WHILE GONCALVES CLAIMS IN A STATEMENT IN RECENT DAYS THAT HIS (FIFTY-FIVE DOLLAR) $54 PER SHARE OFFER WAS AN ALL-CASH OFFER, ACCORDING TO WHAT’S BEEN REPEATEDLY REPORTED FOR THE LAST YEAR IS THAT CLIFFS OFFER WAS IN PART CASH AND IN PART STOCK OPTIONS.? SO HERE WE HAVE ONE OF MANY MISREPRESENTATIONS, OR LIES FROM GONCALVES HIMSELF, MR. CEO OF THE YEAR, BUSINESSMAN GALORE!
YET ANOTHER DISINGENUOUS ACT OF GONCALVES WAS HIS CLAIM TO PREVAIL IN HIS BID PRIOR TO IT BEING ANNOUNCED THAT NIPPON STEEL WAS THE SUCCESSFUL BIDDER.? GONCALVES WAS IN FACT SO CERTAIN THAT HE WAS BRAGGING ABOUT IT PUBLICLY.? PERHAPS THIS MAY BE IN PART, SOME OF THE REASONING AS TO WHAT HAS LED TO NOT ONLY GONCALVES BEHAVING SO NEGATIVELY TOWARD’S NIPPON STEEL’S CEO AND THE RELENTLESS ATTACKS ON BOTH HIM, AS WELL AS NIPPON STEEL ITSELF. HIS PRIDE HAS PUT HIS ENORMOUS EGO IN CHECK! ?THIS ACTION OF GONCALVES WOULD BE MISREPRESENTATION OR LIE NUMBER 2.
HIS UNEXCUSEABLE AND UNACCEPTABLE BEHAVIOR AGAINST THE JAPANESE PEOPLE, THEIR CULTURE, THEIR WAY OF LIFE AND THEIR ACHIEVEMENTS ARE SO POORLY STATED AND UNEDUCATED FOR A CEO OF A LARGE CORPORATION.? IN ALL TRUTH, THIS SET FORTH NOT ONLY THE EARLY DEVELOPMENT THAT SET THE STAGE OF TECHNOLOGY IN THE WORLD.? SO INSTEAD OF ACKNOWLEDGING THEIR WORK ETHICS THAT ALSO CHALLENGED (OR AT LEAST SHOULD HAVE) MANY COUNTRIES TO IMPROVE THEIR WORK ETHICS, INGENUITY, SCHOOL AND WORK PERFORMANCE AND ATTENDANCE AND SO MUCH MORE, HE INSTEAD IS ATTEMPTING TO RIDICULE AND SCOLD THEM FOR THIS BY CLAIMING IN A JANUARY 14, 2025 ARTICLE THAT “THEY TAUGHT CHINA HOW TO OUT-PRODUCE” OTHER COUNTRIES SO THIS THEREFORE, MAKES JAPAN EVEN MORE EVIL THAN CHINA WHO HE (GONCALVES) ASSERTS IS LESS EVIL THAN JAPAN.??
NOT ONLY IS THIS AN INSULT TO OUR ABILITY TO THINK, BUT MORE IMORTANTLY, AN INSULT TO THE JAPANESE PEOPLE AND THEIR CULTURE.? EQUALLY IMPORTANTLY THIS IS PLACING ANYONE WHO LISTENS TO THE RANTING OF SUCH A LUNATIC SUCH AS THIS FOR CLAIMING NOT ONLY ABSURIDY’S OF MISTRUTH, BUT IN ALL REALITY IT’S A “HATE SPEECH CRIME.”? THIS IS NOT ONLY DANGEROUS, BUT YET ONCE AGAIN, WE SEE GONCALVES COMMITTING AN UNLAWFUL ACT WITH SUCH HATE SPEECH WHICH HE SHOULD BE HELD ACCOUNTABLE FOR JUST AS ANY OTHER CITIZEN IN THIS COUNTRY WOULD BE, EVEN IF HE IS ETHNICALLY BRAZILIAN. HAD GONCALVES ACTUALLY DONE “HIS HOMEWORK,” HE WOULD HAVE DISCOVERED THAT THE UNITED STATES VOTED THAT CHINA BE GRANTED “PNTR” STATUS (PERMANENT NATIONAL TRADE RELATIONS) AND BE PERMITTED TO JOIN THE “WTO” (WORLD TRADE ORGANIZATION) WHEN IT COMES TO TRADING WITH OTHER COUNTRIES.? WHILE OBVIOUSLY HE IS UNEDUCATED ABOUT SUCH THINGS, THIS ACTION OF GONCALVES IS ?MISREPRESENTATION OR LIE NUMBER 3.?
SO DOES GONCALVES CONGRATULATE THE SUCCESSFUL BIDDER AND WISH THEM THE BEST AND MOVE ON TO OTHER THINGS?? NOT THIS GUY.? WELL, WE MUST ADMIT THAT AT FIRST HE SAID HE DID. ALL THE WHILE CLAIMING HE WAS READY TO MOVE ON TO OTHER ACQUISITIONS. YET, WITHIN A MATTER OF DAYS, HE WAS PLOTTING AND PLEDGING TO SEE THAT THIS DEAL GOT QUASHED AND HE WAS THE MAN, ALONG WITH HIS “COLLUDING PARTNER” USW PRESIDENT, DAVID MCCALL TO SEE THAT BY WHATEVER METHODS NECESSARY THEY TOGETHER WOULD ACCOMPLISH THIS FEAT. RESULT IN GONCALVES MISREPRESENTATION OR LIE NO 4.?
NOW THIS WRITER WILL READILY ADMIT THAT HE HAS FOUND IT MOST DIFFICULT TO KEEP UP WITH GONCALVES.? THIS IS FAIRLY TYPICAL WHEN DEALING WITH A PATHOLOGICAL LIER AS MOST WRITERS, PUBLISHER’S, AND EVEN READERS BECOME TO REALIZE.? THIS IS A TRUTH ABOUT A LIER!?
SO GONCALVES AND MCCALL HAD DONE SUCH A GOOD JOB COLLUDING IN THEIR EFFORTS ON ALL FRONTS, PARTICULARLY WITH THE BIDEN ADMINISTRATION THAT GONCALVES AND MCALL WAS SO INVESTED, PARTICULARLY AFTER BIDENS COMMITMENT TO BLOCK THE DEAL, GONCALVES CLAIMED TO HAVE TRUST IN “THE SYSTEM” AND THAT RIGHT WOULD PREVAIL.? SO, WHEN BIDEN FOLLOWS THROUGH WITH HIS “CAMPAIGN PROMISE” AND BLOCKS THE DEAL, WE SEE THAT AN ACTION IS TAKEN CHALLENGING BOTH THE “BIDEN DECISION TO BLOCK” AS WELL AS GONCALVES AND MCCALL’S INVOLVEMENT.? LAWSUITS!!!!
U.S. STEEL AND NIPPON STEEL FILED LAWSUITS AGAINST BOTH THE BIDEN ADMINISTRATION CLAIMING THAT ILLEGAL POLITICAL INFLUENCE IMPACTED HIS DECISION AND AGAINST GONCALVES AND MCCALL ALLEGING COLLUSION IN SEEING THAT THE DEAL FALL THROUGH AND FOR TORTUOUS INTERFERENCE BETWEEN THE DEAL INVOLVING U.S. STEEL AND NIPPON STEEL.?
AN ORDER WAS ISSUED THAT GAVE AN ADDITIONAL 180 DAYS FOR CFIUS (COMMITTEE ON FOREIGN INVESTMENTS IN THE UNITED STATES) TO GIVE FURTHER CONSIDERATION ON THE MATTER.? NOW, ALL OF A SUDDEN, GONCALVES IS AGAINST THE VERY PROCESS THAT HE WAS SO TRUSTING IN.? IS IT POSSIBLE THAT WHILE HE MAY HAVE HAD A REASON FOR BELIEVING SO IN BIDEN, AND HIS ANSWER (BECAUSE OF UNDUE POLITICAL PERSUASION) WHICH IS PART OF A LAWSUIT, GONCALVES IS NOW BLASTING THE ACTION BY CALLING IT “WEAKNESS” AS THIS ONLY COMPLICATES HIS OWN PLANS FOR A RIVAL BID CLAIMING THAT HE HAS NOW PARTNERED WITH NUCOR STEEL TO DO A DEAL WHERE NUCOR TAKES THE MINI MILLS WHICH ARE MOST NON-UNION LIKE THE “BIG RIVER PLANT” AND CLIFFS WILL TAKE EVERYTHING ELSE.? GONCALVES IS QUOTED AS STATING, “YOU SHOW WEAKNESS, THEY TAKE ADVANTAGE.”?
ONE HAS TO WONDER IF WE SHOULD FEEL THIS WAS APPLICABLE TO HOW GONCALVES FELT IN HIS RELATIONSHIP WITH BIDEN, AND IF HE SAW BIDEN WEAK, HE, GONCALVES TOOK ADVANTAGE OF BIDEN WITH ILLEGAL POLITICAL INFLUENCE??
SO NOW WE SEE THAT GONCALVES HAS LASHED OUT AGAINST THE VERY ENTITY THAT HE CLAIMED HE TRUSTED THIS DEAL WITH CLAIMING OUR GOVERNMENT SHOWED WEAKNESS SO THAT THEY (JAPAN/NIPPON STEEL) CAN TAKE ADVANTAGE AS IT PLACES CLIFFS AND NUCOR STEEL’S OPPORTUNITY TO PLACE A BID ON HOLD.? MAYBE HE DOESN’T BELIEVE AFTER ALL IN THE AMERICAN SYSTEM AS HE HAS PREVIOUSLY STATED.? THIS RESULTS IN GONCALVES MISREPRESENTATION OR LIE NO 5.?
SO FOR THE FIRST TIME EVER WE HEAR GONCALVES CLAIM THAT HE WILL TAKE OVER THE REST OF THE FACILITIES, CHANGE CLIFFS NAME TO U.S. STEEL AND MOVE HIS CLEVELAND HEADQUARTERS TO PITTSBURGH, PA AND OPERATE OUT? OF THE CURRENT U.S. STEEL HEADQUARTERS.?
IS THIS YET ANOTHER EXAMPLE OF HOW DESPERATE GONCALVES AND MCCALL IS?? HERE GONCALVES AND MCALL HAVE THIS DEEP HATRED TOWARD CORPORATE U.S. STEEL AND ITS VERY EXISTENCE THAT RUNS SO DEEP THAT THEY BOTH WILL CUT A DEAL WITH RIVAL NUCOR STEEL, A NON-UNION COMPANY BY DOING THE FOLLOWING IN ORDER TO KEEP NIPPON STEEL FROM ACQUIRING U.S. STEEL:?
A.???? JOIN A RIVAL THEY BOTH HATE (the enemy of my enemy is my friend)
B.???? PUT TOGETHER A COMBINED ALL CASH OFFER THAT WOULD BE COMPARABLE TO NIPPON STEEL’S PURCHASE OFFER (BUT NOT THE OTHER BILLIONS OF DOLLARS OFFERED OR NUMEROUS OTHER OFFERS OF CAPITAL INVESTMENTS, JOB LEVEL GUARANTEES FOR UP TO TEN (10) YEARS, OR OTHER COMMITMENTS MADE BY NIPPON)
C.??? CHANGE CLEVELAND-CLIFFS NAME TO U.S. STEEL BY MERGING THE TWO (2) COMPANIES, (U.S. STEEL AND CLIFFS) AND MOVE ITS HEADQUARTERS TO THE EXISTING U.S. STEEL HEADQUARTERS IN PITTSBURGH, PA
SINCE GONCALVES HAS LOST HIS BID FOR U.S. STEEL TO NIPPON STEEL BACK IN DECEMBER 2023, I ENVISION HIM AND MCCALL LIKE TWO (2) CHILDREN OUT IN THE MIDDLE OF AN OCEAN, WITHOUT LIFE PRESERVERS, BARELY STRUGGLING TO TREAD WATER, HANGING ON TO ONE ANOTHER.? THEY SEE SOMEONE OR SOMETHING THAT THEY THINK THEY CAN HANG ONTO YET EVERYTHING THEY REACH OUT TO FAILS THEM.? THEY ARE DESPERATE AND FLAILING ABOUT AS IF THEY ARE ABOUT TO DROWN AND YET FOR THE TIME BEING, THEY REFUSE TO GO UNDER.? IF ONLY THIS PARODY COULD HAVE A JAPANESE LIFEBOAT FLOATING BY THEM, AS I THINK THEY WOULD INSTEAD CHOOSE DROWNING RATHER THAN BEING RESCUED BY THE JAPANESE.
GETTING BACK TO REALITY IS THAT IT IS NOTEWORTHY TO STATE THAT AS THIS WRITER IS TYPING THIS ARTICLE, NO MERGER/AGREEMENT BETWEEN CLIFFS AND NUCOR HAVE BEEN REACHED AS THEY ARE HAVING DIFFICULTY AT PUTTING A VALUE ON THE BIG RIVER PLANT AND OTHER MINI-MILLS AND ONLY GOD KNOWS WHAT ELSE.
SO IN FOLLOWING MY PARODY ABOVE, GONCALVES STATED IN AN ARTICLE THIS PAST WEEK THAT, “THE CFIUS GAVE THEM (NIPPON AND U.S. STEEL) A LIFELINE THROUGH JUNE 18TH ON HOPES THAT THE NEW CFIUS WITH MEMBERS OF THE INCOMING TRUMP CABINET WILL GO AHEAD AND CHANGE THE BASIS OF NATIONAL SECURITY AND REAPPROVE THE DEAL.? I THINK, BECAUSE I KNOW PRESIDENT TRUMP AND I KNOW HOW HIS MINDSET WORKS, PROBABLY THE NEW CFIUS WILL GO AHEAD AND BRING BACK THE FEBRUARY 2ND DEADLINE, AND THEN WE’RE GOING TO GO BECAUSE WE NEED TO MAKE AMERICAN STEEL GREAT AGAIN.”?
SO NOW WE HAVE GONCALVES, THE “FORTUNE TELLER.”? MAYBE HE CAN DO A BETTER JOB AT PREDICTING THE FUTURE SINCE HE CAN’T SEEM TO HANDLE THE PAST AND MISREPRESENTS THE FACTS OF THE PRESENT. OR IS IT POSSIBLE THAT INSTEAD OF PREDICTING THE FUTURE HE IS SIMPLY NAVIGATING FOR US ALL THE FACT THAT HE HAS ALREADY ILLEGALLY INFLUENCED YET ANOTHER PRESIDENT OF THE UNITED STATES TO INTERFERE IN THIS DEAL LIKE BIDEN DID??
SO AGAIN, HOW FAR WILL GONCALVES GO TO GET SEE THIS DEAL BLOCKED?? FOR NOW HE HAS SIDED WITH A RIVAL BY THE NAME OF NUCOR.? WOULD HE ALIGN HIMSELF WITH A COMPANY FROM CHINA, RUSSIA, NORTH KOREA…..?
HAS ANYONE NOTICED HOW MANY PEOPLE ARE APOLOGIZING FOR GONCALVES BEHAVIOR TOWARDS NIPPON STEEL, CEO?? IN FACT AND IN ALL REALITY, THERE ARE MANY WHO ARE APOLOGIZING FOR HIM FOR HOW RUDE, OBNOXIOUS, ANNOYING, CRITICAL, THREATENING, AND HATE SPEECH TOWARD THE JAPANESE PEOPLE AND THEIR ENTIRE COUNTRY AND CULTURE.? HE’S ATTACKED THEIR VERY WAY OF LIFE IN HOW THEY DO BUSINESS AND HOW THEY COMPETE GLOBALLY.
WE KNOW ONE OF THOSE APOLOGIZING IS MIKE POMPEO AND THAT BACK A FEW MONTHS AGO NIPPON STEEL HAD HIRED MIKE POMPEO AS AN ADVISOR ON HOW TO CLOSE THE DEAL WITH U.S. STEEL.? WE ALSO KNOW THAT THIS SAME MIKE POMPEO HAS SERVED IN TWO (2) DIFFERENT POSITIONS DURING THE TRUMP ADMINISTRATION. FROM 2017-2018 AS CIA DIRECTOR AND THEN FROM 2018-2021 AS HIS UNITED STATES SECRETARY OF STATE.??
COULD IT BE POSSIBLE THAT GONCALVES IS CONFUSING “SMART” FOR “EVIL” AS THIS SEEMS TO HAVE NOW BEEN A REALLY CLEVER MOVE ON JAPAN’S NIPPON STEEL BEHALF TO EMPLOY A PRIOR TRUMP CABINET MEMBER TO WORK WITH THEM IN CLOSING THIS DEAL.? COULD IT BE POSSIBLE THAT GONCALVES AND MCCALL PUT ALL THEIR EGGS IN THE WRONG PERSONS BASKET?? IS IT POSSIBLE THAT POMPEO WILL HAVE THE EAR OF TRUMP AFTER HIS TERM HAS BEGUN MORE SO OVER GONCALVES AND MCCALL??
POMPEO HAS OPENLY SUPPORTED THIS DEAL BETWEEN U.S. STEEL AND NIPPON STEEL.? NOT ONLY HAS HE OPENLY SUPPORTED IT, HE HAS URGED TRUMP TO ENDORSE IT!??
THIS WRITER LAYS NO CLAIM TO BEING ABLE TO PREDICT THE FUTURE AS I DIDN’T GET THAT TRAIT THAT GONCALVES SEEMS TO CLAIM TO HAVE OR USE, OR WHATEVER.? WHAT I DO HOWEVER THINK IS VERY LIKELY IS THAT TRUMP IS NOT GOING TO JUMP RIGHT IN AND FULFILL THAT STATEMENT MADE ON THE CAMPAIGN TRAIL.? I WOULD EXPECT A MORE MEASURED APPROACH ON THIS ISSUE FOR A VARIETY OF REASONS WHICH WE WILL SEE UNFOLD IN THE COMING DAYS, WEEKS, MONTHS AHEAD.?
Submitted:? January 19, 2025 by Tim Dean, Dean Labor Management Consulting, LLCES IF HE FAILS TO DELIVER
?
COULD IT BE THAT CLEVELAND-CLIFFS CEO, GONCALVES JOB IS “ON THE LINE” IF HE FAILS TO DELIVER TO HIS BOARD, AS HE OBVIOUSLY HAS COMMITTED IN REGARDS TO SECURING THE DEAL IN REGARDS TO THE ACQUISITION OF U.S. STEEL?
YES, IN THE REAL WORLD OF BUSINESS, THAT’S QUITE THE POSSIBILITY.? SO PERHAPS THE REAL QUESTION THAT SHOULD BE ASKED IS, TO WHAT EXTENT IS GONCALVES WILLING TO GO TO SAVE HIS OWN NECK?? YES, I AM QUITE CERTAIN THAT THIS IS OF GREAT VALUE TO NOT ONLY YOU, THE READER, BUT TO SO MANY THAT ARE DIRECTLY IMPACTED BY HIS ACTIONS AND BEHAVIOR (THAT WE KNOW OF, JUST LEADING UP TO THIS POINT IN TIME).? SO YES, THIS IS DEFINITELY WORTHY OF FURTHER DISCUSSION WHICH WILL BE A LITTLE FURTHER IN DEPTH AS THIS WRITER INDULGES ON THE FACTS LEADING UP TO NOW.
YOU CAN GO TO MY PROFILE ON LINKEDIN AND READ PREVIOUS ARTICLES TO SIMPLY VERIFY MY QUALIFICATIONS TO SPEAK TO THIS ISSUE BASED ON MY YEARS OF EXPERIENCE WITH THE USW AND MY KNOWLEDGE OF IT.?
NOW THIS WRITER WILL READILY ADMIT THAT I HAVE FOUND IT MOST DIFFICULT TO KEEP UP WITH SOMEONE LIKE GONCALVES.? IN ALL REALITY WHEN I AM WORKING ON GETTING THE FACTS TOGETHER TO PREPARE TO PUT ON PAPER AN ARTICLE ON THIS SUBJECT MATTER, GONCALVES CREATES ANOTHER STORY.? MOSTLY ALL OF THEM ARE CONTINUATIONS OF SLANDER, ACCUSATIONS, THREATS, LIES, HIS NEXT SCHEME OR ACQUISITION THAT HE IS PLANNING AND WHO HE’S PLANNING IT WITH OR IN MOST CASES, AGAINST. THE LIST IN ALL REALITY COULD, AND FOR THE MOST PART DOES, GO ON AND ON.? THIS WRITER HAS HAD TO SIMPLY PICK A POINT IN TIME TO STOP, GATHER THOUGHTS AND FACTS, AND BEGIN TYING. THIS IS FAIRLY TYPICAL WHEN DEALING WITH A PATHOLOGICAL LIER AS MOST WRITERS, PUBLISHER’S, AND EVEN READERS BECOME TO REALIZE.? THIS IS A TRUTH ABOUT A LIER!
WHY DOES THIS WRITER FEEL SO CONFIDENT ABOUT THIS POSSIBILITY?? IT’S REALLY QUITE SIMPLE IF ONE SIMPLY EVALUATES THE SITUATION, SO WITHOUT TOO MUCH REDUNCY FROM PREVIOUS ARTICLES, LET’S DIG INTO THE FACTS.??
AS MOST RECALL, BACK IN EARLY SUMMER OF 2023, NEWS BROKE THAT U.S. STEEL FOUND ITSELF IN A POSITION SIMILAR TO WHAT ONE WOULD CALL “SUBJECT TO A HOSTILE TAKEOVER.” BASED UPON SEVERAL FACTORS THAT CAN LEAD TO THIS OCCURRING, THE ICONIC U.S. STEEL CORPORATION THAT HAD BEEN AROUND SINCE 1901 WAS FOUND TO BE IN FINANCIAL DISTRESS.? IT HAD SIGNIFICANT DEBT, LIMITED ASSETS, OLD ANEQUATED EQUIPMENT THAT WOULD COST BILLIONS OF DOLLARS TO UPDATE, WITH LITTLE CAPITAL TO INVEST.? WHEN THIS OCCURS, IT SUBJECTS OTHER COMPETITORS OR INVESTORS TO START A “BIDDING PROCESS” TO ACQUIRE THE COMPANY.??
CHOMPING AT THE BITS WHEN THE NEWS BROKE WAS NONE OTHER THAN CLEVELAND-CLIFFS VERY OWN CEO, LOURENCO GONCALVES WHERE THERE HAVE BEEN VARYING STORIES ABOUT HOW MUCH CLIFFS CEO ACTUALLY BID AND HOW IT COMPARED WITH NIPPON STEELS BID. FIRST WE HEARD THE ORIGINAL BID WAS AROUND $27 PER SHARE, OR $7-8 BILLION AND WAS MODIFIED A FEW TIMES, AND THEN, ACCORDING TO GONCALVES HIS LAST OFFER WAS ONLY $1 PER SHARE LESS THAN THE FIFY-FIVE DOLLAR ($55) PER SHARE THAT NIPPON OFFERED.? NIPPON’S OFFER WAS $14.9 BILLION IN ALL CASH AND WHILE GONCALVES CLAIMS IN A STATEMENT IN RECENT DAYS THAT HIS (FIFTY-FIVE DOLLAR) $54 PER SHARE OFFER WAS AN ALL-CASH OFFER, ACCORDING TO WHAT’S BEEN REPEATEDLY REPORTED FOR THE LAST YEAR IS THAT CLIFFS OFFER WAS IN PART CASH AND IN PART STOCK OPTIONS.? SO HERE WE HAVE ONE OF MANY MISREPRESENTATIONS, OR LIES FROM GONCALVES HIMSELF, MR. CEO OF THE YEAR, BUSINESSMAN GALORE!
YET ANOTHER DISINGENUOUS ACT OF GONCALVES WAS HIS CLAIM TO PREVAIL IN HIS BID PRIOR TO IT BEING ANNOUNCED THAT NIPPON STEEL WAS THE SUCCESSFUL BIDDER.? GONCALVES WAS IN FACT SO CERTAIN THAT HE WAS BRAGGING ABOUT IT PUBLICLY.? PERHAPS THIS MAY BE IN PART, SOME OF THE REASONING AS TO WHAT HAS LED TO NOT ONLY GONCALVES BEHAVING SO NEGATIVELY TOWARD’S NIPPON STEEL’S CEO AND THE RELENTLESS ATTACKS ON BOTH HIM, AS WELL AS NIPPON STEEL ITSELF. HIS PRIDE HAS PUT HIS ENORMOUS EGO IN CHECK! ?THIS ACTION OF GONCALVES WOULD BE MISREPRESENTATION OR LIE NUMBER 2.
HIS UNEXCUSEABLE AND UNACCEPTABLE BEHAVIOR AGAINST THE JAPANESE PEOPLE, THEIR CULTURE, THEIR WAY OF LIFE AND THEIR ACHIEVEMENTS ARE SO POORLY STATED AND UNEDUCATED FOR A CEO OF A LARGE CORPORATION.? IN ALL TRUTH, THIS SET FORTH NOT ONLY THE EARLY DEVELOPMENT THAT SET THE STAGE OF TECHNOLOGY IN THE WORLD.? SO INSTEAD OF ACKNOWLEDGING THEIR WORK ETHICS THAT ALSO CHALLENGED (OR AT LEAST SHOULD HAVE) MANY COUNTRIES TO IMPROVE THEIR WORK ETHICS, INGENUITY, SCHOOL AND WORK PERFORMANCE AND ATTENDANCE AND SO MUCH MORE, HE INSTEAD IS ATTEMPTING TO RIDICULE AND SCOLD THEM FOR THIS BY CLAIMING IN A JANUARY 14, 2025 ARTICLE THAT “THEY TAUGHT CHINA HOW TO OUT-PRODUCE” OTHER COUNTRIES SO THIS THEREFORE, MAKES JAPAN EVEN MORE EVIL THAN CHINA WHO HE (GONCALVES) ASSERTS IS LESS EVIL THAN JAPAN.??
NOT ONLY IS THIS AN INSULT TO OUR ABILITY TO THINK, BUT MORE IMORTANTLY, AN INSULT TO THE JAPANESE PEOPLE AND THEIR CULTURE.? EQUALLY IMPORTANTLY THIS IS PLACING ANYONE WHO LISTENS TO THE RANTING OF SUCH A LUNATIC SUCH AS THIS FOR CLAIMING NOT ONLY ABSURIDY’S OF MISTRUTH, BUT IN ALL REALITY IT’S A “HATE SPEECH CRIME.”? THIS IS NOT ONLY DANGEROUS, BUT YET ONCE AGAIN, WE SEE GONCALVES COMMITTING AN UNLAWFUL ACT WITH SUCH HATE SPEECH WHICH HE SHOULD BE HELD ACCOUNTABLE FOR JUST AS ANY OTHER CITIZEN IN THIS COUNTRY WOULD BE, EVEN IF HE IS ETHNICALLY BRAZILIAN. HAD GONCALVES ACTUALLY DONE “HIS HOMEWORK,” HE WOULD HAVE DISCOVERED THAT THE UNITED STATES VOTED THAT CHINA BE GRANTED “PNTR” STATUS (PERMANENT NATIONAL TRADE RELATIONS) AND BE PERMITTED TO JOIN THE “WTO” (WORLD TRADE ORGANIZATION) WHEN IT COMES TO TRADING WITH OTHER COUNTRIES.? WHILE OBVIOUSLY HE IS UNEDUCATED ABOUT SUCH THINGS, THIS ACTION OF GONCALVES IS ?MISREPRESENTATION OR LIE NUMBER 3.?
SO DOES GONCALVES CONGRATULATE THE SUCCESSFUL BIDDER AND WISH THEM THE BEST AND MOVE ON TO OTHER THINGS?? NOT THIS GUY.? WELL, WE MUST ADMIT THAT AT FIRST HE SAID HE DID. ALL THE WHILE CLAIMING HE WAS READY TO MOVE ON TO OTHER ACQUISITIONS. YET, WITHIN A MATTER OF DAYS, HE WAS PLOTTING AND PLEDGING TO SEE THAT THIS DEAL GOT QUASHED AND HE WAS THE MAN, ALONG WITH HIS “COLLUDING PARTNER” USW PRESIDENT, DAVID MCCALL TO SEE THAT BY WHATEVER METHODS NECESSARY THEY TOGETHER WOULD ACCOMPLISH THIS FEAT. RESULT IN GONCALVES MISREPRESENTATION OR LIE NO 4.?
NOW THIS WRITER WILL READILY ADMIT THAT HE HAS FOUND IT MOST DIFFICULT TO KEEP UP WITH GONCALVES.? THIS IS FAIRLY TYPICAL WHEN DEALING WITH A PATHOLOGICAL LIER AS MOST WRITERS, PUBLISHER’S, AND EVEN READERS BECOME TO REALIZE.? THIS IS A TRUTH ABOUT A LIER!?
SO GONCALVES AND MCCALL HAD DONE SUCH A GOOD JOB COLLUDING IN THEIR EFFORTS ON ALL FRONTS, PARTICULARLY WITH THE BIDEN ADMINISTRATION THAT GONCALVES AND MCALL WAS SO INVESTED, PARTICULARLY AFTER BIDENS COMMITMENT TO BLOCK THE DEAL, GONCALVES CLAIMED TO HAVE TRUST IN “THE SYSTEM” AND THAT RIGHT WOULD PREVAIL.? SO, WHEN BIDEN FOLLOWS THROUGH WITH HIS “CAMPAIGN PROMISE” AND BLOCKS THE DEAL, WE SEE THAT AN ACTION IS TAKEN CHALLENGING BOTH THE “BIDEN DECISION TO BLOCK” AS WELL AS GONCALVES AND MCCALL’S INVOLVEMENT.? LAWSUITS!!!!
U.S. STEEL AND NIPPON STEEL FILED LAWSUITS AGAINST BOTH THE BIDEN ADMINISTRATION CLAIMING THAT ILLEGAL POLITICAL INFLUENCE IMPACTED HIS DECISION AND AGAINST GONCALVES AND MCCALL ALLEGING COLLUSION IN SEEING THAT THE DEAL FALL THROUGH AND FOR TORTUOUS INTERFERENCE BETWEEN THE DEAL INVOLVING U.S. STEEL AND NIPPON STEEL.?
AN ORDER WAS ISSUED THAT GAVE AN ADDITIONAL 180 DAYS FOR CFIUS (COMMITTEE ON FOREIGN INVESTMENTS IN THE UNITED STATES) TO GIVE FURTHER CONSIDERATION ON THE MATTER.? NOW, ALL OF A SUDDEN, GONCALVES IS AGAINST THE VERY PROCESS THAT HE WAS SO TRUSTING IN.? IS IT POSSIBLE THAT WHILE HE MAY HAVE HAD A REASON FOR BELIEVING SO IN BIDEN, AND HIS ANSWER (BECAUSE OF UNDUE POLITICAL PERSUASION) WHICH IS PART OF A LAWSUIT, GONCALVES IS NOW BLASTING THE ACTION BY CALLING IT “WEAKNESS” AS THIS ONLY COMPLICATES HIS OWN PLANS FOR A RIVAL BID CLAIMING THAT HE HAS NOW PARTNERED WITH NUCOR STEEL TO DO A DEAL WHERE NUCOR TAKES THE MINI MILLS WHICH ARE MOST NON-UNION LIKE THE “BIG RIVER PLANT” AND CLIFFS WILL TAKE EVERYTHING ELSE.? GONCALVES IS QUOTED AS STATING, “YOU SHOW WEAKNESS, THEY TAKE ADVANTAGE.”?
ONE HAS TO WONDER IF WE SHOULD FEEL THIS WAS APPLICABLE TO HOW GONCALVES FELT IN HIS RELATIONSHIP WITH BIDEN, AND IF HE SAW BIDEN WEAK, HE, GONCALVES TOOK ADVANTAGE OF BIDEN WITH ILLEGAL POLITICAL INFLUENCE??
SO NOW WE SEE THAT GONCALVES HAS LASHED OUT AGAINST THE VERY ENTITY THAT HE CLAIMED HE TRUSTED THIS DEAL WITH CLAIMING OUR GOVERNMENT SHOWED WEAKNESS SO THAT THEY (JAPAN/NIPPON STEEL) CAN TAKE ADVANTAGE AS IT PLACES CLIFFS AND NUCOR STEEL’S OPPORTUNITY TO PLACE A BID ON HOLD.? MAYBE HE DOESN’T BELIEVE AFTER ALL IN THE AMERICAN SYSTEM AS HE HAS PREVIOUSLY STATED.? THIS RESULTS IN GONCALVES MISREPRESENTATION OR LIE NO 5.?
领英推荐
SO FOR THE FIRST TIME EVER WE HEAR GONCALVES CLAIM THAT HE WILL TAKE OVER THE REST OF THE FACILITIES, CHANGE CLIFFS NAME TO U.S. STEEL AND MOVE HIS CLEVELAND HEADQUARTERS TO PITTSBURGH, PA AND OPERATE OUT? OF THE CURRENT U.S. STEEL HEADQUARTERS.?
IS THIS YET ANOTHER EXAMPLE OF HOW DESPERATE GONCALVES AND MCCALL IS?? HERE GONCALVES AND MCALL HAVE THIS DEEP HATRED TOWARD CORPORATE U.S. STEEL AND ITS VERY EXISTENCE THAT RUNS SO DEEP THAT THEY BOTH WILL CUT A DEAL WITH RIVAL NUCOR STEEL, A NON-UNION COMPANY BY DOING THE FOLLOWING IN ORDER TO KEEP NIPPON STEEL FROM ACQUIRING U.S. STEEL:?
A.???? JOIN A RIVAL THEY BOTH HATE (the enemy of my enemy is my friend)
B.???? PUT TOGETHER A COMBINED ALL CASH OFFER THAT WOULD BE COMPARABLE TO NIPPON STEEL’S PURCHASE OFFER (BUT NOT THE OTHER BILLIONS OF DOLLARS OFFERED OR NUMEROUS OTHER OFFERS OF CAPITAL INVESTMENTS, JOB LEVEL GUARANTEES FOR UP TO TEN (10) YEARS, OR OTHER COMMITMENTS MADE BY NIPPON)
C.??? CHANGE CLEVELAND-CLIFFS NAME TO U.S. STEEL BY MERGING THE TWO (2) COMPANIES, (U.S. STEEL AND CLIFFS) AND MOVE ITS HEADQUARTERS TO THE EXISTING U.S. STEEL HEADQUARTERS IN PITTSBURGH, PA
SINCE GONCALVES HAS LOST HIS BID FOR U.S. STEEL TO NIPPON STEEL BACK IN DECEMBER 2023, I ENVISION HIM AND MCCALL LIKE TWO (2) CHILDREN OUT IN THE MIDDLE OF AN OCEAN, WITHOUT LIFE PRESERVERS, BARELY STRUGGLING TO TREAD WATER, HANGING ON TO ONE ANOTHER.? THEY SEE SOMEONE OR SOMETHING THAT THEY THINK THEY CAN HANG ONTO YET EVERYTHING THEY REACH OUT TO FAILS THEM.? THEY ARE DESPERATE AND FLAILING ABOUT AS IF THEY ARE ABOUT TO DROWN AND YET FOR THE TIME BEING, THEY REFUSE TO GO UNDER.? IF ONLY THIS PARODY COULD HAVE A JAPANESE LIFEBOAT FLOATING BY THEM, AS I THINK THEY WOULD INSTEAD CHOOSE DROWNING RATHER THAN BEING RESCUED BY THE JAPANESE.
GETTING BACK TO REALITY IS THAT IT IS NOTEWORTHY TO STATE THAT AS THIS WRITER IS TYPING THIS ARTICLE, NO MERGER/AGREEMENT BETWEEN CLIFFS AND NUCOR HAVE BEEN REACHED AS THEY ARE HAVING DIFFICULTY AT PUTTING A VALUE ON THE BIG RIVER PLANT AND OTHER MINI-MILLS AND ONLY GOD KNOWS WHAT ELSE.
SO IN FOLLOWING MY PARODY ABOVE, GONCALVES STATED IN AN ARTICLE THIS PAST WEEK THAT, “THE CFIUS GAVE THEM (NIPPON AND U.S. STEEL) A LIFELINE THROUGH JUNE 18TH ON HOPES THAT THE NEW CFIUS WITH MEMBERS OF THE INCOMING TRUMP CABINET WILL GO AHEAD AND CHANGE THE BASIS OF NATIONAL SECURITY AND REAPPROVE THE DEAL.? I THINK, BECAUSE I KNOW PRESIDENT TRUMP AND I KNOW HOW HIS MINDSET WORKS, PROBABLY THE NEW CFIUS WILL GO AHEAD AND BRING BACK THE FEBRUARY 2ND DEADLINE, AND THEN WE’RE GOING TO GO BECAUSE WE NEED TO MAKE AMERICAN STEEL GREAT AGAIN.”?
SO NOW WE HAVE GONCALVES, THE “FORTUNE TELLER.”? MAYBE HE CAN DO A BETTER JOB AT PREDICTING THE FUTURE SINCE HE CAN’T SEEM TO HANDLE THE PAST AND MISREPRESENTS THE FACTS OF THE PRESENT. OR IS IT POSSIBLE THAT INSTEAD OF PREDICTING THE FUTURE HE IS SIMPLY NAVIGATING FOR US ALL THE FACT THAT HE HAS ALREADY ILLEGALLY INFLUENCED YET ANOTHER PRESIDENT OF THE UNITED STATES TO INTERFERE IN THIS DEAL LIKE BIDEN DID??
SO AGAIN, HOW FAR WILL GONCALVES GO TO GET SEE THIS DEAL BLOCKED?? FOR NOW HE HAS SIDED WITH A RIVAL BY THE NAME OF NUCOR.? WOULD HE ALIGN HIMSELF WITH A COMPANY FROM CHINA, RUSSIA, NORTH KOREA…..?
HAS ANYONE NOTICED HOW MANY PEOPLE ARE APOLOGIZING FOR GONCALVES BEHAVIOR TOWARDS NIPPON STEEL, CEO?? IN FACT AND IN ALL REALITY, THERE ARE MANY WHO ARE APOLOGIZING FOR HIM FOR HOW RUDE, OBNOXIOUS, ANNOYING, CRITICAL, THREATENING, AND HATE SPEECH TOWARD THE JAPANESE PEOPLE AND THEIR ENTIRE COUNTRY AND CULTURE.? HE’S ATTACKED THEIR VERY WAY OF LIFE IN HOW THEY DO BUSINESS AND HOW THEY COMPETE GLOBALLY.
WE KNOW ONE OF THOSE APOLOGIZING IS MIKE POMPEO AND THAT BACK A FEW MONTHS AGO NIPPON STEEL HAD HIRED MIKE POMPEO AS AN ADVISOR ON HOW TO CLOSE THE DEAL WITH U.S. STEEL.? WE ALSO KNOW THAT THIS SAME MIKE POMPEO HAS SERVED IN TWO (2) DIFFERENT POSITIONS DURING THE TRUMP ADMINISTRATION. FROM 2017-2018 AS CIA DIRECTOR AND THEN FROM 2018-2021 AS HIS UNITED STATES SECRETARY OF STATE.??
COULD IT BE POSSIBLE THAT GONCALVES IS CONFUSING “SMART” FOR “EVIL” AS THIS SEEMS TO HAVE NOW BEEN A REALLY CLEVER MOVE ON JAPAN’S NIPPON STEEL BEHALF TO EMPLOY A PRIOR TRUMP CABINET MEMBER TO WORK WITH THEM IN CLOSING THIS DEAL.? COULD IT BE POSSIBLE THAT GONCALVES AND MCCALL PUT ALL THEIR EGGS IN THE WRONG PERSONS BASKET?? IS IT POSSIBLE THAT POMPEO WILL HAVE THE EAR OF TRUMP AFTER HIS TERM HAS BEGUN MORE SO OVER GONCALVES AND MCCALL??
POMPEO HAS OPENLY SUPPORTED THIS DEAL BETWEEN U.S. STEEL AND NIPPON STEEL.? NOT ONLY HAS HE OPENLY SUPPORTED IT, HE HAS URGED TRUMP TO ENDORSE IT!??
THIS WRITER LAYS NO CLAIM TO BEING ABLE TO PREDICT THE FUTURE AS I DIDN’T GET THAT TRAIT THAT GONCALVES SEEMS TO CLAIM TO HAVE OR USE, OR WHATEVER.? WHAT I DO HOWEVER THINK IS VERY LIKELY IS THAT TRUMP IS NOT GOING TO JUMP RIGHT IN AND FULFILL THAT STATEMENT MADE ON THE CAMPAIGN TRAIL.? I WOULD EXPECT A MORE MEASURED APPROACH ON THIS ISSUE FOR A VARIETY OF REASONS WHICH WE WILL SEE UNFOLD IN THE COMING DAYS, WEEKS, MONTHS AHEAD.?
Submitted:? January 19, 2025 by Tim Dean, Dean Labor Management Consulting, LLC TO AXE THEIR CEO LOURENCO GONCALVIS CLEVELAND-CLIFFS TO AXE THEIR CEO LOURENCO GONCALVES IF HE FAILS TO DELIVER
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COULD IT BE THAT CLEVELAND-CLIFFS CEO, GONCALVES JOB IS “ON THE LINE” IF HE FAILS TO DELIVER TO HIS BOARD, AS HE OBVIOUSLY HAS COMMITTED IN REGARDS TO SECURING THE DEAL IN REGARDS TO THE ACQUISITION OF U.S. STEEL?
YES, IN THE REAL WORLD OF BUSINESS, THAT’S QUITE THE POSSIBILITY.? SO PERHAPS THE REAL QUESTION THAT SHOULD BE ASKED IS, TO WHAT EXTENT IS GONCALVES WILLING TO GO TO SAVE HIS OWN NECK?? YES, I AM QUITE CERTAIN THAT THIS IS OF GREAT VALUE TO NOT ONLY YOU, THE READER, BUT TO SO MANY THAT ARE DIRECTLY IMPACTED BY HIS ACTIONS AND BEHAVIOR (THAT WE KNOW OF, JUST LEADING UP TO THIS POINT IN TIME).? SO YES, THIS IS DEFINITELY WORTHY OF FURTHER DISCUSSION WHICH WILL BE A LITTLE FURTHER IN DEPTH AS THIS WRITER INDULGES ON THE FACTS LEADING UP TO NOW.
YOU CAN GO TO MY PROFILE ON LINKEDIN AND READ PREVIOUS ARTICLES TO SIMPLY VERIFY MY QUALIFICATIONS TO SPEAK TO THIS ISSUE BASED ON MY YEARS OF EXPERIENCE WITH THE USW AND MY KNOWLEDGE OF IT.?
NOW THIS WRITER WILL READILY ADMIT THAT I HAVE FOUND IT MOST DIFFICULT TO KEEP UP WITH SOMEONE LIKE GONCALVES.? IN ALL REALITY WHEN I AM WORKING ON GETTING THE FACTS TOGETHER TO PREPARE TO PUT ON PAPER AN ARTICLE ON THIS SUBJECT MATTER, GONCALVES CREATES ANOTHER STORY.? MOSTLY ALL OF THEM ARE CONTINUATIONS OF SLANDER, ACCUSATIONS, THREATS, LIES, HIS NEXT SCHEME OR ACQUISITION THAT HE IS PLANNING AND WHO HE’S PLANNING IT WITH OR IN MOST CASES, AGAINST. THE LIST IN ALL REALITY COULD, AND FOR THE MOST PART DOES, GO ON AND ON.? THIS WRITER HAS HAD TO SIMPLY PICK A POINT IN TIME TO STOP, GATHER THOUGHTS AND FACTS, AND BEGIN TYING. THIS IS FAIRLY TYPICAL WHEN DEALING WITH A PATHOLOGICAL LIER AS MOST WRITERS, PUBLISHER’S, AND EVEN READERS BECOME TO REALIZE.? THIS IS A TRUTH ABOUT A LIER!
WHY DOES THIS WRITER FEEL SO CONFIDENT ABOUT THIS POSSIBILITY?? IT’S REALLY QUITE SIMPLE IF ONE SIMPLY EVALUATES THE SITUATION, SO WITHOUT TOO MUCH REDUNCY FROM PREVIOUS ARTICLES, LET’S DIG INTO THE FACTS.??
AS MOST RECALL, BACK IN EARLY SUMMER OF 2023, NEWS BROKE THAT U.S. STEEL FOUND ITSELF IN A POSITION SIMILAR TO WHAT ONE WOULD CALL “SUBJECT TO A HOSTILE TAKEOVER.” BASED UPON SEVERAL FACTORS THAT CAN LEAD TO THIS OCCURRING, THE ICONIC U.S. STEEL CORPORATION THAT HAD BEEN AROUND SINCE 1901 WAS FOUND TO BE IN FINANCIAL DISTRESS.? IT HAD SIGNIFICANT DEBT, LIMITED ASSETS, OLD ANEQUATED EQUIPMENT THAT WOULD COST BILLIONS OF DOLLARS TO UPDATE, WITH LITTLE CAPITAL TO INVEST.? WHEN THIS OCCURS, IT SUBJECTS OTHER COMPETITORS OR INVESTORS TO START A “BIDDING PROCESS” TO ACQUIRE THE COMPANY.??
CHOMPING AT THE BITS WHEN THE NEWS BROKE WAS NONE OTHER THAN CLEVELAND-CLIFFS VERY OWN CEO, LOURENCO GONCALVES WHERE THERE HAVE BEEN VARYING STORIES ABOUT HOW MUCH CLIFFS CEO ACTUALLY BID AND HOW IT COMPARED WITH NIPPON STEELS BID. FIRST WE HEARD THE ORIGINAL BID WAS AROUND $27 PER SHARE, OR $7-8 BILLION AND WAS MODIFIED A FEW TIMES, AND THEN, ACCORDING TO GONCALVES HIS LAST OFFER WAS ONLY $1 PER SHARE LESS THAN THE FIFY-FIVE DOLLAR ($55) PER SHARE THAT NIPPON OFFERED.? NIPPON’S OFFER WAS $14.9 BILLION IN ALL CASH AND WHILE GONCALVES CLAIMS IN A STATEMENT IN RECENT DAYS THAT HIS (FIFTY-FIVE DOLLAR) $54 PER SHARE OFFER WAS AN ALL-CASH OFFER, ACCORDING TO WHAT’S BEEN REPEATEDLY REPORTED FOR THE LAST YEAR IS THAT CLIFFS OFFER WAS IN PART CASH AND IN PART STOCK OPTIONS.? SO HERE WE HAVE ONE OF MANY MISREPRESENTATIONS, OR LIES FROM GONCALVES HIMSELF, MR. CEO OF THE YEAR, BUSINESSMAN GALORE!
YET ANOTHER DISINGENUOUS ACT OF GONCALVES WAS HIS CLAIM TO PREVAIL IN HIS BID PRIOR TO IT BEING ANNOUNCED THAT NIPPON STEEL WAS THE SUCCESSFUL BIDDER.? GONCALVES WAS IN FACT SO CERTAIN THAT HE WAS BRAGGING ABOUT IT PUBLICLY.? PERHAPS THIS MAY BE IN PART, SOME OF THE REASONING AS TO WHAT HAS LED TO NOT ONLY GONCALVES BEHAVING SO NEGATIVELY TOWARD’S NIPPON STEEL’S CEO AND THE RELENTLESS ATTACKS ON BOTH HIM, AS WELL AS NIPPON STEEL ITSELF. HIS PRIDE HAS PUT HIS ENORMOUS EGO IN CHECK! ?THIS ACTION OF GONCALVES WOULD BE MISREPRESENTATION OR LIE NUMBER 2.
HIS UNEXCUSEABLE AND UNACCEPTABLE BEHAVIOR AGAINST THE JAPANESE PEOPLE, THEIR CULTURE, THEIR WAY OF LIFE AND THEIR ACHIEVEMENTS ARE SO POORLY STATED AND UNEDUCATED FOR A CEO OF A LARGE CORPORATION.? IN ALL TRUTH, THIS SET FORTH NOT ONLY THE EARLY DEVELOPMENT THAT SET THE STAGE OF TECHNOLOGY IN THE WORLD.? SO INSTEAD OF ACKNOWLEDGING THEIR WORK ETHICS THAT ALSO CHALLENGED (OR AT LEAST SHOULD HAVE) MANY COUNTRIES TO IMPROVE THEIR WORK ETHICS, INGENUITY, SCHOOL AND WORK PERFORMANCE AND ATTENDANCE AND SO MUCH MORE, HE INSTEAD IS ATTEMPTING TO RIDICULE AND SCOLD THEM FOR THIS BY CLAIMING IN A JANUARY 14, 2025 ARTICLE THAT “THEY TAUGHT CHINA HOW TO OUT-PRODUCE” OTHER COUNTRIES SO THIS THEREFORE, MAKES JAPAN EVEN MORE EVIL THAN CHINA WHO HE (GONCALVES) ASSERTS IS LESS EVIL THAN JAPAN.??
NOT ONLY IS THIS AN INSULT TO OUR ABILITY TO THINK, BUT MORE IMORTANTLY, AN INSULT TO THE JAPANESE PEOPLE AND THEIR CULTURE.? EQUALLY IMPORTANTLY THIS IS PLACING ANYONE WHO LISTENS TO THE RANTING OF SUCH A LUNATIC SUCH AS THIS FOR CLAIMING NOT ONLY ABSURIDY’S OF MISTRUTH, BUT IN ALL REALITY IT’S A “HATE SPEECH CRIME.”? THIS IS NOT ONLY DANGEROUS, BUT YET ONCE AGAIN, WE SEE GONCALVES COMMITTING AN UNLAWFUL ACT WITH SUCH HATE SPEECH WHICH HE SHOULD BE HELD ACCOUNTABLE FOR JUST AS ANY OTHER CITIZEN IN THIS COUNTRY WOULD BE, EVEN IF HE IS ETHNICALLY BRAZILIAN. HAD GONCALVES ACTUALLY DONE “HIS HOMEWORK,” HE WOULD HAVE DISCOVERED THAT THE UNITED STATES VOTED THAT CHINA BE GRANTED “PNTR” STATUS (PERMANENT NATIONAL TRADE RELATIONS) AND BE PERMITTED TO JOIN THE “WTO” (WORLD TRADE ORGANIZATION) WHEN IT COMES TO TRADING WITH OTHER COUNTRIES.? WHILE OBVIOUSLY HE IS UNEDUCATED ABOUT SUCH THINGS, THIS ACTION OF GONCALVES IS ?MISREPRESENTATION OR LIE NUMBER 3.?
SO DOES GONCALVES CONGRATULATE THE SUCCESSFUL BIDDER AND WISH THEM THE BEST AND MOVE ON TO OTHER THINGS?? NOT THIS GUY.? WELL, WE MUST ADMIT THAT AT FIRST HE SAID HE DID. ALL THE WHILE CLAIMING HE WAS READY TO MOVE ON TO OTHER ACQUISITIONS. YET, WITHIN A MATTER OF DAYS, HE WAS PLOTTING AND PLEDGING TO SEE THAT THIS DEAL GOT QUASHED AND HE WAS THE MAN, ALONG WITH HIS “COLLUDING PARTNER” USW PRESIDENT, DAVID MCCALL TO SEE THAT BY WHATEVER METHODS NECESSARY THEY TOGETHER WOULD ACCOMPLISH THIS FEAT. RESULT IN GONCALVES MISREPRESENTATION OR LIE NO 4.?
NOW THIS WRITER WILL READILY ADMIT THAT HE HAS FOUND IT MOST DIFFICULT TO KEEP UP WITH GONCALVES.? THIS IS FAIRLY TYPICAL WHEN DEALING WITH A PATHOLOGICAL LIER AS MOST WRITERS, PUBLISHER’S, AND EVEN READERS BECOME TO REALIZE.? THIS IS A TRUTH ABOUT A LIER!?
SO GONCALVES AND MCCALL HAD DONE SUCH A GOOD JOB COLLUDING IN THEIR EFFORTS ON ALL FRONTS, PARTICULARLY WITH THE BIDEN ADMINISTRATION THAT GONCALVES AND MCALL WAS SO INVESTED, PARTICULARLY AFTER BIDENS COMMITMENT TO BLOCK THE DEAL, GONCALVES CLAIMED TO HAVE TRUST IN “THE SYSTEM” AND THAT RIGHT WOULD PREVAIL.? SO, WHEN BIDEN FOLLOWS THROUGH WITH HIS “CAMPAIGN PROMISE” AND BLOCKS THE DEAL, WE SEE THAT AN ACTION IS TAKEN CHALLENGING BOTH THE “BIDEN DECISION TO BLOCK” AS WELL AS GONCALVES AND MCCALL’S INVOLVEMENT.? LAWSUITS!!!!
U.S. STEEL AND NIPPON STEEL FILED LAWSUITS AGAINST BOTH THE BIDEN ADMINISTRATION CLAIMING THAT ILLEGAL POLITICAL INFLUENCE IMPACTED HIS DECISION AND AGAINST GONCALVES AND MCCALL ALLEGING COLLUSION IN SEEING THAT THE DEAL FALL THROUGH AND FOR TORTUOUS INTERFERENCE BETWEEN THE DEAL INVOLVING U.S. STEEL AND NIPPON STEEL.?
AN ORDER WAS ISSUED THAT GAVE AN ADDITIONAL 180 DAYS FOR CFIUS (COMMITTEE ON FOREIGN INVESTMENTS IN THE UNITED STATES) TO GIVE FURTHER CONSIDERATION ON THE MATTER.? NOW, ALL OF A SUDDEN, GONCALVES IS AGAINST THE VERY PROCESS THAT HE WAS SO TRUSTING IN.? IS IT POSSIBLE THAT WHILE HE MAY HAVE HAD A REASON FOR BELIEVING SO IN BIDEN, AND HIS ANSWER (BECAUSE OF UNDUE POLITICAL PERSUASION) WHICH IS PART OF A LAWSUIT, GONCALVES IS NOW BLASTING THE ACTION BY CALLING IT “WEAKNESS” AS THIS ONLY COMPLICATES HIS OWN PLANS FOR A RIVAL BID CLAIMING THAT HE HAS NOW PARTNERED WITH NUCOR STEEL TO DO A DEAL WHERE NUCOR TAKES THE MINI MILLS WHICH ARE MOST NON-UNION LIKE THE “BIG RIVER PLANT” AND CLIFFS WILL TAKE EVERYTHING ELSE.? GONCALVES IS QUOTED AS STATING, “YOU SHOW WEAKNESS, THEY TAKE ADVANTAGE.”?
ONE HAS TO WONDER IF WE SHOULD FEEL THIS WAS APPLICABLE TO HOW GONCALVES FELT IN HIS RELATIONSHIP WITH BIDEN, AND IF HE SAW BIDEN WEAK, HE, GONCALVES TOOK ADVANTAGE OF BIDEN WITH ILLEGAL POLITICAL INFLUENCE??
SO NOW WE SEE THAT GONCALVES HAS LASHED OUT AGAINST THE VERY ENTITY THAT HE CLAIMED HE TRUSTED THIS DEAL WITH CLAIMING OUR GOVERNMENT SHOWED WEAKNESS SO THAT THEY (JAPAN/NIPPON STEEL) CAN TAKE ADVANTAGE AS IT PLACES CLIFFS AND NUCOR STEEL’S OPPORTUNITY TO PLACE A BID ON HOLD.? MAYBE HE DOESN’T BELIEVE AFTER ALL IN THE AMERICAN SYSTEM AS HE HAS PREVIOUSLY STATED.? THIS RESULTS IN GONCALVES MISREPRESENTATION OR LIE NO 5.?
SO FOR THE FIRST TIME EVER WE HEAR GONCALVES CLAIM THAT HE WILL TAKE OVER THE REST OF THE FACILITIES, CHANGE CLIFFS NAME TO U.S. STEEL AND MOVE HIS CLEVELAND HEADQUARTERS TO PITTSBURGH, PA AND OPERATE OUT? OF THE CURRENT U.S. STEEL HEADQUARTERS.?
IS THIS YET ANOTHER EXAMPLE OF HOW DESPERATE GONCALVES AND MCCALL IS?? HERE GONCALVES AND MCALL HAVE THIS DEEP HATRED TOWARD CORPORATE U.S. STEEL AND ITS VERY EXISTENCE THAT RUNS SO DEEP THAT THEY BOTH WILL CUT A DEAL WITH RIVAL NUCOR STEEL, A NON-UNION COMPANY BY DOING THE FOLLOWING IN ORDER TO KEEP NIPPON STEEL FROM ACQUIRING U.S. STEEL:?
A.???? JOIN A RIVAL THEY BOTH HATE (the enemy of my enemy is my friend)
B.???? PUT TOGETHER A COMBINED ALL CASH OFFER THAT WOULD BE COMPARABLE TO NIPPON STEEL’S PURCHASE OFFER (BUT NOT THE OTHER BILLIONS OF DOLLARS OFFERED OR NUMEROUS OTHER OFFERS OF CAPITAL INVESTMENTS, JOB LEVEL GUARANTEES FOR UP TO TEN (10) YEARS, OR OTHER COMMITMENTS MADE BY NIPPON)
C.??? CHANGE CLEVELAND-CLIFFS NAME TO U.S. STEEL BY MERGING THE TWO (2) COMPANIES, (U.S. STEEL AND CLIFFS) AND MOVE ITS HEADQUARTERS TO THE EXISTING U.S. STEEL HEADQUARTERS IN PITTSBURGH, PA
SINCE GONCALVES HAS LOST HIS BID FOR U.S. STEEL TO NIPPON STEEL BACK IN DECEMBER 2023, I ENVISION HIM AND MCCALL LIKE TWO (2) CHILDREN OUT IN THE MIDDLE OF AN OCEAN, WITHOUT LIFE PRESERVERS, BARELY STRUGGLING TO TREAD WATER, HANGING ON TO ONE ANOTHER.? THEY SEE SOMEONE OR SOMETHING THAT THEY THINK THEY CAN HANG ONTO YET EVERYTHING THEY REACH OUT TO FAILS THEM.? THEY ARE DESPERATE AND FLAILING ABOUT AS IF THEY ARE ABOUT TO DROWN AND YET FOR THE TIME BEING, THEY REFUSE TO GO UNDER.? IF ONLY THIS PARODY COULD HAVE A JAPANESE LIFEBOAT FLOATING BY THEM, AS I THINK THEY WOULD INSTEAD CHOOSE DROWNING RATHER THAN BEING RESCUED BY THE JAPANESE.
GETTING BACK TO REALITY IS THAT IT IS NOTEWORTHY TO STATE THAT AS THIS WRITER IS TYPING THIS ARTICLE, NO MERGER/AGREEMENT BETWEEN CLIFFS AND NUCOR HAVE BEEN REACHED AS THEY ARE HAVING DIFFICULTY AT PUTTING A VALUE ON THE BIG RIVER PLANT AND OTHER MINI-MILLS AND ONLY GOD KNOWS WHAT ELSE.
SO IN FOLLOWING MY PARODY ABOVE, GONCALVES STATED IN AN ARTICLE THIS PAST WEEK THAT, “THE CFIUS GAVE THEM (NIPPON AND U.S. STEEL) A LIFELINE THROUGH JUNE 18TH ON HOPES THAT THE NEW CFIUS WITH MEMBERS OF THE INCOMING TRUMP CABINET WILL GO AHEAD AND CHANGE THE BASIS OF NATIONAL SECURITY AND REAPPROVE THE DEAL.? I THINK, BECAUSE I KNOW PRESIDENT TRUMP AND I KNOW HOW HIS MINDSET WORKS, PROBABLY THE NEW CFIUS WILL GO AHEAD AND BRING BACK THE FEBRUARY 2ND DEADLINE, AND THEN WE’RE GOING TO GO BECAUSE WE NEED TO MAKE AMERICAN STEEL GREAT AGAIN.”?
SO NOW WE HAVE GONCALVES, THE “FORTUNE TELLER.”? MAYBE HE CAN DO A BETTER JOB AT PREDICTING THE FUTURE SINCE HE CAN’T SEEM TO HANDLE THE PAST AND MISREPRESENTS THE FACTS OF THE PRESENT. OR IS IT POSSIBLE THAT INSTEAD OF PREDICTING THE FUTURE HE IS SIMPLY NAVIGATING FOR US ALL THE FACT THAT HE HAS ALREADY ILLEGALLY INFLUENCED YET ANOTHER PRESIDENT OF THE UNITED STATES TO INTERFERE IN THIS DEAL LIKE BIDEN DID??
SO AGAIN, HOW FAR WILL GONCALVES GO TO GET SEE THIS DEAL BLOCKED?? FOR NOW HE HAS SIDED WITH A RIVAL BY THE NAME OF NUCOR.? WOULD HE ALIGN HIMSELF WITH A COMPANY FROM CHINA, RUSSIA, NORTH KOREA…..?
HAS ANYONE NOTICED HOW MANY PEOPLE ARE APOLOGIZING FOR GONCALVES BEHAVIOR TOWARDS NIPPON STEEL, CEO?? IN FACT AND IN ALL REALITY, THERE ARE MANY WHO ARE APOLOGIZING FOR HIM FOR HOW RUDE, OBNOXIOUS, ANNOYING, CRITICAL, THREATENING, AND HATE SPEECH TOWARD THE JAPANESE PEOPLE AND THEIR ENTIRE COUNTRY AND CULTURE.? HE’S ATTACKED THEIR VERY WAY OF LIFE IN HOW THEY DO BUSINESS AND HOW THEY COMPETE GLOBALLY.
WE KNOW ONE OF THOSE APOLOGIZING IS MIKE POMPEO AND THAT BACK A FEW MONTHS AGO NIPPON STEEL HAD HIRED MIKE POMPEO AS AN ADVISOR ON HOW TO CLOSE THE DEAL WITH U.S. STEEL.? WE ALSO KNOW THAT THIS SAME MIKE POMPEO HAS SERVED IN TWO (2) DIFFERENT POSITIONS DURING THE TRUMP ADMINISTRATION. FROM 2017-2018 AS CIA DIRECTOR AND THEN FROM 2018-2021 AS HIS UNITED STATES SECRETARY OF STATE.??
COULD IT BE POSSIBLE THAT GONCALVES IS CONFUSING “SMART” FOR “EVIL” AS THIS SEEMS TO HAVE NOW BEEN A REALLY CLEVER MOVE ON JAPAN’S NIPPON STEEL BEHALF TO EMPLOY A PRIOR TRUMP CABINET MEMBER TO WORK WITH THEM IN CLOSING THIS DEAL.? COULD IT BE POSSIBLE THAT GONCALVES AND MCCALL PUT ALL THEIR EGGS IN THE WRONG PERSONS BASKET?? IS IT POSSIBLE THAT POMPEO WILL HAVE THE EAR OF TRUMP AFTER HIS TERM HAS BEGUN MORE SO OVER GONCALVES AND MCCALL??
POMPEO HAS OPENLY SUPPORTED THIS DEAL BETWEEN U.S. STEEL AND NIPPON STEEL.? NOT ONLY HAS HE OPENLY SUPPORTED IT, HE HAS URGED TRUMP TO ENDORSE IT!??
THIS WRITER LAYS NO CLAIM TO BEING ABLE TO PREDICT THE FUTURE AS I DIDN’T GET THAT TRAIT THAT GONCALVES SEEMS TO CLAIM TO HAVE OR USE, OR WHATEVER.? WHAT I DO HOWEVER THINK IS VERY LIKELY IS THAT TRUMP IS NOT GOING TO JUMP RIGHT IN AND FULFILL THAT STATEMENT MADE ON THE CAMPAIGN TRAIL.? I WOULD EXPECT A MORE MEASURED APPROACH ON THIS ISSUE FOR A VARIETY OF REASONS WHICH WE WILL SEE UNFOLD IN THE COMING DAYS, WEEKS, MONTHS AHEAD.?
Submitted:? January 19, 2025 by Tim Dean, Dean Labor Management Consulting, LLC
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