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Chapter 1038

The ancients are here

"America Telecom will acquire WorldCom's MCI Telecom for a total of US$7.9 billion at a price of US$6 billion, and will also bear WorldCom's US$9.9 billion in debt!"

"Many Wall Street institutions have announced another adjustment to the valuation of America Telecom. Analysts from Deutsche Bank Investment Bank estimate that after America Telecom is listed, the market value will exceed 100 billion U.S. dollars!"

“America Telecom is already the largest telecommunications group in America!”

Many Wall Street media began to report on the transaction between America Telecom and WorldCom. One media even made a shocking report, believing that America Telecom, which had acquired MCI, had actually completely surpassed its former employer, Telephone and Telegraph Group, and was now

The leader in the telecommunications industry in America.

"I'm not sure when America Telecom will go public, but I believe that day is not far away. Yes, I look forward to that day!"

In a federal prison in Tennessee, an interview with Egger walking out of WorldCom headquarters was playing on the TV.

Facing the interview camera, Egger had a bright smile on his face and laughed a few times from time to time. He seemed to be in a very good mood, which was in sharp contrast to the current president of WorldCom, Sitch Moore, who was standing aside.

"Today is a historic day. Everyone should remember this day. We got rid of the nightmare. America Telecom and WorldCom have all taken a step forward!"

When he saw James Crow talking to the media with a "conqueror" attitude and pointing out the world of WorldCom, the old "Telecom Emperor" who was watching TV finally couldn't help but put the meal in his hand.

The plate fell to the ground.

"Traitor, this traitor, he is also qualified to mention the world!"

Bernard Ebbs looked at James Crow on TV and cursed angrily. He only regretted why he didn't kill this guy in the first place, so that now he allowed Crow, the traitor, to ride on Shitong's head.

Shit and piss.

Bernard Ebbesby was so angry that he covered his heart. The news he saw today was more uncomfortable than killing him. The last bit of spiritual sustenance was completely gone.

After being sent to federal prison, Ebbes lived a pretty good life, although the scandal was huge, causing New York's second-largest pension fund to lose more than $3 billion, and the Michigan pension fund to lose $11.6 billion.

The knife brought bad luck to the Federal Aviation Administration and even federal defense agencies.

But Bernard Ebbes was very particular about not cheating his hometown in Tennessee, so after the trial, Ebbers was sent to the federal prison in Tennessee. In addition, although Ebbes was imprisoned, his

The family was not bankrupt, and still had a large amount of trust funds, insurance, overseas bank deposits, etc. that Ebbes left for them.

Because of his connections in Tennessee and his family's management, Ebbes was sent to federal prison. He was already in his sixties, so although he was restricted, he lived in a separate cell, did not have to use a sewing machine, and could work at a fixed time.

After receiving television, he can also read various latest newspapers, magazines, etc. every day, which makes Bernard Ebbs much better than the bunch of leeks who lost everything because of buying WorldCom stocks. Those

Leeks, many are homeless on the street...

After entering the federal prison, Bernard Ebbes, who was already a very old man, probably had only WorldCom to rely on. They said WorldCom was a liar, but for him, he was already real after he lied.

, but now, this only sustenance is gone.

The news on TV continued, and it was Sitchmore's turn to be interviewed. Sitchmore tried to force a smile, but he couldn't.

WorldCom is still alive, and its reorganization has been completed today. The federal bankruptcy court has reviewed and approved WorldCom's reorganization, but WorldCom is also dead. WorldCom's most important industries, MCI and MFS, still have tens of thousands of kilometers of paved roads.

All the lines have been bought, and the remaining WorldCom is just an insignificant small telecommunications company in America.

During today's meeting, the person who called Sidgmore was a supervisor of the Federal Bankruptcy Court. He did not "force" Sidgmore, but only "admonished" Sidgmore to complete the restructuring of WorldCom as soon as possible and get the money from creditors.

Also, at the end, he told Sidgmore calmly that America Telecom was very important to the reorganization of WorldCom!

Nothing seemed to be said, but Sitchmore fully understood that WorldCom was dead and had been divided up by various people and powerful people. Of course Sitchmore could refuse the phone call, but at the cost of accepting it.

WorldCom's reorganization plan will not be approved in the future, no matter what method Sidgmore uses.

After selling MCI to America Telecom, MFS Telecom to Telephone and Telegraph Group, and selling most of WorldCom's most valuable items, WorldCom finally paid off its debts and could reorganize!

"I announce that WorldCom has completed its restructuring. We have made due compensation to investors and banks and paid off all debts. WorldCom will continue to be listed in six months and provide users with better services.

Excellent service!”

Watching Sidgmore on TV, Bernard Ebbs knew clearly that after the reorganization, WorldCom was reduced to chicken feathers. It had no more than one million users at most and all its lines were completely gone. What else could WorldCom have?

Not to mention, Xin Shi Tong is afraid that all the information related to Ebbes will be deleted.

He stood up staggeringly, suddenly like Ebbes entering his twilight years. He stood up unsteadily and walked towards the cell. His whole figure seemed to have lost all life.

Ebers was lucky, but the other man who followed him and ended up in federal prison was not so lucky.

In the federal prison in Houston, a skinny man with bruises on his face was devouring food that he would never even look at before. While eating, he would look to the left and right from time to time.

He looked as if he was afraid that someone would ruin his job.

"The Global Rare Animal Ecological Protection Park in Houston officially started construction today. It is expected to become one of Houston's important attractions after completion. The ecological park is expected to continue to provide 300 to 800 jobs for Houston in the future, and will increase tourism every year.

, hotels, restaurants, transportation and other industries, generating more than 200 million US dollars in revenue!"

While the man was devouring the food, the news was also playing on the TV, but he had no intention of listening at this time. He just wanted to fill his stomach and cope with the heavy physical labor that was to come.

Just as the man was about to leave this restaurant where he could be attacked at any time, he suddenly heard something on the TV, which made the man raise his head unconsciously.

"The Houston city government once again issued an announcement announcing the establishment of the Enron Bankruptcy Committee, which will formally handle matters after Enron's bankruptcy.

The Bruno Family Foundation has donated another $30 million to the Enron Bankruptcy Committee to help resettle Enron employees after its bankruptcy. The Bruno Family Foundation’s total donation has exceeded $100 million!

"Houston will not give up an Enron employee, nor will it let an Enron employee's family go bankrupt," Houston Mayor Chuck Rhodes said in an interview with the Houston Chronicle that the handling of Enron's bankruptcy will be a priority during his term.

The most important thing is that he will always stand with Houstonians and will not abandon any Houstonian. He will deal with the bankrupt Enron Group as soon as possible and allow some of Enron's industries to start construction as soon as possible..."

Listening to the report on the TV, the man let out a disdainful sigh. He obviously wanted to swallow up the Enron Group's inheritance and did so many fancy things. As a Harvard graduate, he single-handedly created Enron's fancy financial system.

For a man, watching the news on TV, he can guess what Song Yang will do next with the Houston city department.

If someone who is familiar with men sees the man's appearance at this moment, he would never think that the man in desolation at this moment is Jeff Skilling, the second most powerful man in the Enron Group!

Unlike Bernard Ebbers, the man who acted as a second-in-command and stabbed Enron CEO Kenneth in the back, Jeff Skilling was living in a very miserable state at the moment.

After Enron's bankruptcy, Kenneth died suddenly. Jeff Skilling became the biggest scapegoat after Enron's bankruptcy. But he was different from those executives who entered federal prisons. Jeff Skilling acted as a federal judicial officer.

He was a "witness" of the Ministry of Justice, but his identity as a witness could not be protected. When the judicial departments of Houston and Texas refused to let Jeff Skilling go to jail in Washington or New York, Jeff Skilling

Skilling can only stay in the Houston jail.

After entering this prison, the titles of "Second Five", "traitor" and "informer" became the labels on Jeff Skilling. After Kenneth died, all Enron's bad things were blamed on Jeff Skilling.

There is even a voice in Lin's mind that Enron's financial fraud and bankruptcy have nothing to do with Kenneth. It was caused by Jeff Skilling. He is the culprit that has brought nearly 10,000 families in Houston to the brink of bankruptcy!

God has nothing to do with Kenneth, but the man is dead, and the blame cannot be placed on Kenneth. In addition, Kenneth did not go to court to face trial. Instead, Jeff Skilling personally admitted the crime, which led to

Public opinion is very subtle.

No one in this prison has any relatives outside, and they are bound to have some connections. You can imagine how the prisoners in this prison feel about Jeff Skilling. As for the prison gangs

The members were even more dissatisfied with the whistleblower. Jeff Skilling's property was also completely confiscated. Even the American knives hidden overseas were taken away by the banks that Enron owed money to.

The foundation took it out and took it away.

He had no money, and the federal Department of Justice also abandoned him. Even Ella Cherry, who found Jeff Skilling in the first place, was sent to federal prison, as well as the second five, informants, and traitors.

Multiple labels have resulted in the displacement of many relatives outside the prison and the loss of half of their life savings. Just think about it and you will know how they will deal with Jeff Skilling!

From the moment he entered this prison, Jeff Skilling was assigned to a work area with heavy physical strength. As for physical pain, it was a common occurrence. He was once a big shot outside, but here he is the most humble person in the prison.

, even if anyone can beat him up, Jeff Skilling himself doesn’t know how long he can last.

Watching the news on TV, a flash of hatred flashed in Jeff Skilling's eyes. He knew too much about Enron and Kenneth, and knew about the dark history and shameful transactions of many big figures, including the commander-in-chief.

, sometimes Jeff Skilling really wants to break all the news and let everyone finish it together!

But just thinking about it, not to mention that now he has no access to the media at all, and he can't even see his lawyer. Even if it is said how many people believe it, it is still unknown. He is probably sent directly to a mental hospital, and may even have to be notified

His relatives and friends outside held a funeral for him...

After watching the TV, he remembered the past days, and Song Yang's figure also flashed through his mind. Jeff Skilling thought of the scene when Song Yang saw him for the first time, and thought about the life Song Yang was living now.

, Jeff Skilling suddenly laughed maniacally, and then staggered towards the depths of the prison.

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Chapter completed!
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