Greg, who was teasing little Andre, heard Song Yang's words, glanced at the news on TV, and then nodded slightly, "I will let the legal team handle it for America Telecom!"

America Telecom's rebound was aimed at causing trouble for ICQ's board of directors and General Electric, and it must have the support of a legal team.

The current share price of icq is only a quarter of what it was at its peak. The share price has returned to US$100, but this is still quite compared to the US$430 billion at its peak. Up to now, icq’s share price is

The market value is still around 100 billion U.S. dollars, which is still too expensive for Song Yang...

If Song Yang wants to regain the controlling stake in icq, he must let icq make some mistakes. Only when icq's stock price and market value fall to the level of cabbage prices, and no one cares about it at all, can Song Yang cut leeks.

The news on TV continued, and an interview was released. Ted Turner, the largest individual shareholder of AOL Time Warner, was blasting AOL's two CEOs, Keith and Jerry Levine, in front of the media cameras.

I think back when AOL merged with Time Warner, Ted Turner trumpeted the merger of the two companies, thinking it was a match made in heaven, and there were all kinds of compliments that made people's skin crawl.

But just a short time later, Ted Turner fell out and called Case and Jerry Levin, "liars, thieves, and shameless Wall Street gangsters!"

For no other reason than what makes Ted Turner furious is that his stake in AOL Time Warner, which was originally worth $17.2 billion, is now worth less than $2 billion. Compared to the merger of AOL and Time Warner

Before, it had shrunk a lot. The old man's worth had been wiped out for most of his life. It was really hard to let go without a few words of curse.

After the TV station finished showing the clip, the host of the program said with a slightly gloating tone, "There are rumors that Ted Turner scolded Jerry Levine in the Rainbow Hall of Rockefeller Center and demanded that Jerry Levine be allowed to

Wen got out of AOL Time Warner and was finally "persuaded" by security personnel to leave the scene!"

Looking at the breaking news on New York TV, Greg, Logan, Ella and others couldn't help but look at each other. The TV station was able to silence Ted Turner's curse words. It is conceivable that he cursed

How dirty is it? Even the media, which always enjoys the excitement and doesn't take it too seriously, can't tell the truth...

The collapse of the Internet, the downfall of Silicon Valley's new rich, and the scandalous behavior of American billionaires who lost their fortunes have left traditional TV stations and media with no shortage of topics this year. They have also vented a bad temper that has been suppressed by the Internet media for several years, so they naturally report vigorously.

, tell the leeks what will happen if you invest in Internet companies!

In the past, those big names who were high in the spotlight and often appeared in the spotlight have now fallen from the altar. They have become the talk of Americans after dinner. TV stations reported on Bernard Ebbs, Ted Turner and others.

When the news comes, the ratings are constantly rising. It can be said that you have mastered the traffic code. This year is really a fun year for many Americans, and you can see all kinds of bizarre scenes.

It was another piece of news that attracted Song Yangde's attention, "Enron Group announced that it will hold a third quarter financial report conference call next Monday. It is said that Enron President Kenneth will personally participate. This is after Enron was reported by its former president for financial fraud.

,Kenneth appeared in public for the first time!

Some financial experts have analyzed that Enron's third quarter performance may be very unsatisfactory, which may cause Enron's death spiral.

Another source said that Enron's board of directors and senior executives may undergo drastic changes, and Kenneth may choose to retire..."

After dinner, the villa was still noisy. Song Yang and Greg came to the balcony. Greg looked back at the living room, and then asked Song Yang in a low voice, "Do you think An Ran can survive this time?!"

When Enron was mentioned, Gleick's expression was a little complicated. As long as he lived in Houston, Enron would be familiar to him. For everyone who was born in Houston, Enron was a behemoth. Countless local family members in Houston were there.

Enron works, Houston schools, hospitals, sports events, etc. have all received donations from Enron, and countless people have purchased Enron stocks and are waiting to receive their retirement benefits from Enron.

Now that I suddenly heard the news about Enron, countless Houstonians may find it hard to believe that such a behemoth could actually fall. As for the Texas Pension Fund, the Houston Firefighters Retirement Fund, and the State Teachers who purchased Enron stock

Foundations, etc., all held large amounts of Enron Group stocks, and this time they all suffered huge losses!

Song Yang slowly shook his head and just said, "Anran must fall!"

Greg was stunned for a moment, and then realized that the Enron Group had done something financial. This was a lice on a bald man's head. It was obvious, but the outside world still didn't know how big Enron's disaster was, but Enron was definitely not possible.

It's back to the state of being popular last year.

Enron's stock price is now on the verge of collapsing, and there are still some financial problems. No one knows whether there will be any dividends. Those investment institutions, foundations, and pension funds are all counting on Enron's stock price and dividends. Now this

If both are gone, what else can we expect from Enron?

Now these institutions that invested in Enron have suffered heavy losses. If they want to recover their losses from Enron, they may no longer be able to hope. If Enron drags on half-dead, the foundations will not be able to explain to investors, but will be scolded by investors.

I invested in Enron blindly.

It would be better to let Enron fall and get back as much as we can from Enron. We can also pass the blame to Enron and let those who cannot receive pensions go to Enron to claim compensation. Those institutions can also take the opportunity to escape, otherwise it will all be over.

Let’s play along together!

The two powers are harming each other, whichever is easier. Anyway, the left and right will die, so it is better to die more easily and put the blame on Enron. On the other hand, the Federal Securities Commission and the Federal Department of Justice cannot let Enron off easily.

Otherwise, wouldn’t it prove that they are useless?!

Under the pressure from all parties, the last way left for Enron was to send it on its way. However, Enron fell. It also had huge overseas industries in America, which was a piece of fat. Let's see who can take a bite.

, of course, the premise is that the risks of Enron have been resolved. After all, Enron involves too many things.

At the Enron headquarters in Houston, Kenneth and Jeff Skilling were sitting at attention, and the atmosphere was very solid. Both Kenneth and Jeff Skilling said nothing.

"What is Enron's financial situation now?!"

After a while, Kenneth finally asked Jeff Skilling. The entire Enron was now in a mess. Jeff Skilling asked Enron's financial department to join forces with Arthur Andersen to take down Enron's financial affairs.

The accounts have been changed beyond recognition, and even Kenneth, the boss of Enron, doesn’t know what kind of bad state Enron is now.

"There is now a cash flow of US$100 million in the accounts, and the publicly announced accounts show liabilities of US$13 billion!"

After hearing what Jeff Skilling said, Kenneth asked without thinking, "What about reality?!"

"Due to the slump in natural gas, electricity and other futures prices this year, Enron has suffered a huge loss this year. In fact, its debt exceeds US$38 billion!" Jeff Skilling said in a low voice, with a hint of unwillingness in his words.

After Kenneth heard the unpaid account, he closed his eyes in pain. He knew that Enron's out-of-control sports car was finally going to hit the wall.

Enron's revenue exceeded 100 billion US dollars last year, but it has long stopped relying on traditional natural gas pipelines and electricity charges. Instead, it relies on Enron's online platform to speculate on energy futures!

This "Enron Online Platform" was developed by engineers from Double Click Company to help Enron. Enron was the first company in the world to turn natural gas, electricity and other energy into futures.

On this platform, Enron not only acted as a referee, but also personally participated in speculating futures. For example, in order to increase the price of electricity futures on the Enron online platform, Enron was so frantic that it blacked out 38 times in Texas and California forests in half a year.

During the fire, Enron's traders desperately shouted "burn it all", because in addition to the trees that were burned, there were also high-voltage power towers all the way. Once the lines were burned, there would be a natural power outage, and the electricity bill would naturally increase...

There are countless such methods. With this set of tactics, Enron successfully convinced the leeks that electricity is scarce and naturally precious. Can the price of electricity futures not rise?

If the blowing up of his own natural gas pipeline hadn't caused too much noise and would have triggered an investigation, Jeff Skilling might have blown up Enron's natural gas pipeline in order to speculate on natural gas futures prices!

Relying on these means, Enron last year was crazy about grabbing money, speculating on energy futures, selling natural gas, electricity, oil and other things. It made too much money, it came too fast, and the cost was negligible.

Naturally, Jeff Skilling has stepped up his game this year, but damn, the natural gas market this year has never been stimulating, causing Enron to suffer huge losses. In the first half of the year alone, it lost more than six billion U.S. dollars...

“We have an earnings conference call tomorrow!”

Kenneth looked at Jeff Skilling and said, "I will publicly announce my resignation and give you the position of president of Enron. You and Arthur Andersen must handle those accounts!"

Jeff Skilling couldn't help but twitch at the corners of his eyes and clenched his fists. He had no idea what Kenneth meant by what he said. He obviously wanted to run away, leaving a mess for Jeff Skilling to clean up.

When a disaster comes, they all go away. Kenneth is unwilling to take the blame, so Jeff Skilling is willing to be the scapegoat?

Once you take the blame, you won't be able to get out of federal prison for decades.

"Someone needs to be responsible for this matter. Someone must take responsibility!" Jeff Skilling stared at Kenneth and said.

Kenneth was silent for a while and said in a low voice, "Let Chief Financial Officer Fastow bear everything. I will use my connections and connections to get him out of federal prison within ten years and cash in his share of Enron shares in advance!"

Jeff Skilling laughed a little in his heart. He didn't know what Kenneth was thinking. He thought that a small CFO of Enron could withstand such a big thunder?

Glancing at Kenneth, Jeff Skilling wondered what was going on in his mind. He knew that Enron was really in trouble. Between him and Kenneth, one person had to take the blame, otherwise it would be difficult to settle the matter!
Chapter completed!