Hollywood Starts with Animation

Enron was once one of the world's largest energy, goods, and service companies. Between 1997 and 2000, it was listed on the Fortune 500 list of "Fortune 500" and ranked among the best.

At its peak, it was once ranked seventh among the top 500 American companies, with a market value of nearly 100 billion U.S. dollars, a proper energy giant company.

Since its establishment, it has always been the pride of Houston, the fourth largest city in the United States!

Including the entire state of Texas, there are countless employees working for Enron!

however......

"There are unforeseen circumstances in the sky, and there are misfortunes and blessings for people."

Since the beginning of 2001, under the influence of the international environment, Enron's stock price has shown a downward trend and has been declining.

By August 2001, its stock price was only $42 per share;

You know that a few months ago, Enron's stock price was $80/single share;

The decline in stock prices has been severe.

At this moment when Enron was in a serious crisis, Jim Cheos, a senior investor in Wall Street, stepped up again and gave Enron a huge blow!

Jim Cheos said: "As early as the beginning of 2001, I publicly expressed doubts about Enron's profit model."

"Although Anran's business looks brilliant, but...actually, it doesn't make much money, and no one can tell how Anran makes money. According to my long-term analysis data, Enron's profitability In 2000, it was 5%. By the beginning of 2001, it had fallen below 2%. For investors, the return on investment was only about 7%."

"Nearly hundreds of billions of dollars in market value, that's it?"

"This performance does not completely match the A+ credit rating given by Standard & Poor's!"

Of course, at the beginning of 2001, many people scorned what he said, and even laughed at him face to face, thinking that Cheos was just a clown who was sensational.

However, Enron's stock price has fallen all the way to prove Cheos's statement.

In August 2001, Enron's form was still so severe...

What about now after a few months?

.......

"Damn Enron!"

"They should go to **** and be taken away by Satan!"

"Standard & Poor's, Moody's Investor Service, and Fitch Ratings Corporation, known as the world's three major credit rating agencies, are now... this performance?"

"A+ grade credit rating represents a strong debt repayment ability, but it is slightly susceptible to adverse factors such as changes in the external environment and economic conditions. It is second only to AA and AAA credit ratings. But what about now? Enron It's almost bankrupt, and there is still a fart to repay!"

"Enron? Didn't you say that the Houston city government and the Texas state government will support Enron?"

"Where are all dying now?!"

Countless individuals and companies holding Enron stocks and investment bonds are now... almost crazy!

Why?

The current situation in Enron is already at the edge of a cliff.

In mid-October 2001, Enron published its financial statements for the third quarter of 2001, announcing that the company’s losses totaled US$618 million, or a loss of US$1.11 per share. At the same time, it was revealed for the first time that the company’s shareholders’ assets had shrunk by US$1.2 billion due to improper operations by CFO Andrew Fastow and the partnership;

In early November 2001, Enron mortgaged part of the company’s assets and obtained J. P Morgan and Solomon Smith Barney’s $1 billion line of credit guarantee.

However, two companies, Merrill Lynch and Standard & Poor's, still downgraded their ratings on Enron again.

Enron used to have an A+ credit rating.

To this day...only B grade!

All the way from A+ grade credit rating, down to A, BBB, BB, including (+) and (-), to now only B grade.

The B-level of the S&P Index represents Enron as a company with a high probability of default. The issuer is still able to repay the debt, but unfavorable commercial, financial, and economic conditions may weaken the issuer’s ability to repay the debt. And willingness.

Enron's credit rating was downgraded by Merrill Lynch and Standard & Poor's, the most direct reflection of the situation is the sharp decline in stock price.

-15 dollars!

That's right, as of today, Enron's stock price is only $15 per share.

Compared with the US$80/single share at the beginning of the year and the US$42/single share at the beginning of August, it is again much lower.

Countless investors are going crazy.

You said, if you also hold Enron's stocks and investment bonds and watch Enron's stock price fall all the way, would you cry without tears?

There are even people who are facing bankruptcy crisis frequently!

Because these were too greedy, they firmly believed that Enron could survive the crisis, but now the hard facts gave them a resounding slap.

.......

Gale Capital (Los Angeles) branch.

At this moment, Zhu Ke, who is the largest shareholder and chairman of Dafeng Capital, visited Dafeng Capital (Los Angeles) branch in person.

Branch President Hughes Tarrell said: "Boss, thanks to your forward-looking vision, we have been in the business for a long time. Since November, our Dafeng Capital has made a lot of money on Enron."

"Are there any specific data?"

Zhuke asked.

Upon hearing this, Tarrell, the president of the branch, nodded quickly, "Yes, I'll give it to you right away."

Not long after, a detailed report data was submitted to Zhu Ke.

-1.6 billion dollars!

Yes, so far, Dafeng Capital has successfully earned 1.6 billion US dollars from the energy giant Enron!

Don't be too small~

You must know that the people participating in this carve-up feast are not only the Gale Capital under the name of Zhuke, but hundreds of investment banks on Wall Street are more or less involved, including the five major investment banks on Wall Street.

"Good, good, pretty good!"

Zhu Ke is extremely satisfied with the current earnings data.

Beginning in April this year, Dafeng Capital under the name of Zhu Ke began the layout and investigation of Enron. It has spent a lot of money, and it has used a lot of means to win food from the five major investment banks on Wall Street!

Ding Ding Ding~

At this moment, a phone call came.

Caller-Andy Chelop, CEO of Gale Capital!

"Boss, big news!"

"We just learned that the work of the special investigation team has made progress again..."

"Anran's external department spokesperson admitted that the company had made false accounts, and the false reports were jaw-dropping! Since 1997, Enron has falsely reported profits of up to 600 million U.S. dollars."

Andy Chelop was very excited and eager to inform Zhu Ke of the news.

For a while, Zhu Ke and the president of the branch company Tarrell were also extremely excited.

"Yes!"

Tarrell waved a fist fiercely, and said excitedly: "Just the data given by the special investigation team, we will be able to account for hundreds of millions of dollars again in the next few days!"

Zhu Keqiang endured his excitement and said: "An Ran is almost over, the real feast of carve-up is here!"

you do not say!

As the special investigation team continues to disclose facts one after another, the situation is becoming more and more unfavorable for Enron, but for investment banks such as Dafeng Capital, that is definitely good news.

Who doesn't want to make money? !

"Is UU reading www.uukanshu.com only $600 million in falsely reported profits?"

"I don't believe it~"

Zhu Ke said confidently: "I believe the real data is definitely far more than 600 million US dollars!"

At the moment, Zhuke stood up and walked to the huge French window, looking far away.

I feel very refreshed.

As a traveler, Zhu Ke knows Enron better than many people, including so-called financial experts.

Enron's stock price is now $15/single share...

However, Zhu Ke knew that at the end of November, Enron's stock price fell to US$0.26, and its market value fell from nearly US$100 billion at its peak to US$200 million.

This partition feast is coming!

"" The first update is sent.