The Washington Post reported July 12 that PFIAB Chairman Langdon â€œmet last winter with investment bankers in China to help secure his law firmâ€™s role in lobbyingâ€ for CNOOC in its bid to take over Unocal. â€œLangdon met with CNOOCâ€™s investment banking partner, Goldman Sachs Group, Inc., in February, marshalling a long friendship with Beijing-based Goldman executive William Wicker to help win his firmâ€™s lobbying contract, Akin Gump officials confirmed,â€ the Post reported. â€œThey say he recused himself in late March from further involvement in the matter, either for Akin Gump or the PFIAB.â€ The National Journal reported that Akin Gump partner Daniel Spiegel, who is handling the account, said that CNOOC chose his firm â€œbecause we have tremendous expertise in the energy area.â€ Speigel would not tell the magazine how much money the Chinese-government-controlled company is paying the firm. â€œWe arenâ€™t disclosing the value at this point,â€ he said.
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