“cheers!”
"Cheers
"Congratulations on our great victory!"
"I wish that we can tide over the difficulties smoothly!"
In a luxury estate in Houston, the three core management of Enron are secretly discussing something. When they talk about the infamous recent ad hoc investigation team, they can't help but smile and open a bottle of champagne to celebrate.
The three people present were:
Founder and former chairman of Enron: Kenneth Lai;
Enron's current CEO: Jeffrey Skilling;
Enron's current CFO (chief financial officer): Andrew Fastow;
These three people are undoubtedly the helmsman of the huge ship of Enron energy company, and they are the core of the core.
They dominated the Enron incident, making false financial statements, making private profits, internal transactions and lying to auditors
"Boss, you're still the best."
CEO skilling held the champagne in his hand and said with a smile: "just let the Houston government, the Texas government, and the Secretary General of the NASDAQ Exchange all come out in one day and support us Enron. Now a lot of people are on our side. I'd like to see how the investigation team can find out? "
The voice just dropped.
CFO farstow echoed: "and the people from Andersen accounting firm are really stupid. We just play them around with a little tricks."
"That's it?"
"It's shameful that Andersen even dare to claim to be the strongest accounting firm under the four largest accounting firms in the world."
Fastow's face was full of disdain.
Even if Andersen accounting firm is on their side, what we should not look up to is always not.
"I can't say that completely..."
Kenneth Lai, the former chairman of the board of directors, said slightly: "Andersen actually has a set of ideas, which are very useful to us. It was because they were stupid enough that we chose it, didn't we? "
Cheating auditors is also a compulsory course for entrepreneurs.
Smell speech, skilling and Fastow two people, can't help nodding.
Enron has been hollowed out, and the pockets of their executives have been inflated.
Kenneth Lai, the former chairman of the board of directors, started this luxury manor a year ago, and spent a total of US $50 million. With the later decoration and renovation costs, the overall cost exceeded US $60 million.
Where did you get the money?
Of course, it was cut from leeks!
"Keke ~"
Kenneth Lai cleared his throat, changed his playful look, and solemnly said, "you guys, although we have stabilized Andersen, the investigation team, and the investors' trust, this is not a long-term solution after all. After all, it is an indisputable fact that Enron's share price continues to fall."
As soon as these words came out, the atmosphere of the scene immediately became dignified.
"Boss is right."
CEO skilling said in a deep voice: "first of all, we must not let KPMG, PwC and other four global accounting firms participate. Once they participate, then the situation will not be controlled by us!"
Faasto, chief financial officer, said with a smile: "peace of mind!"
"Even if KPMG and PwC are involved, I have a record!"
As the chief financial officer of Enron, Fastow has a strong sense of confidence.
He controls the financial statements of Enron's subsidiaries, including the capital flow of overseas offshore companies!
He is absolutely a genius in accounting fraud and false revenue report.
"We can't be careless. We should be more careful."
Former chairman Kenneth Lai said.
The two present nodded.
Enron, with a market value of 100 billion US dollars, is not so easy to empty.
During a discussion, the three conspired again.
——Scapegoat!
When necessary, they don't mind "abandoning the car to protect the commander".
"If there is money and power, there will be scapegoats! As for the so-called sound law, it's just the result of the struggle between the regulatory authorities and those of us who are regulated again and again. I have the ability to deal with everything. " Former chairman Kenneth Lai said.
......
Time goes by.
For several days in a row, Enron was calm.
As Kenneth Lai, the former chairman of Enron, expected, the investigation team's work of investigation and evidence collection became very difficult after it was given great pressure.
Enron won the time!
Chief financial officer faastoli used this to win time, trying to cover up some loopholes and traces.
A struggle involving regulators and regulated institutions has begun.
From the current situation, Enron, as a regulated company, obviously has the upper hand!
At the same time, many financial media and social media in the United States have also been making a continuous voice to cheer for Enron.
For a time, Enron's share price actually has a small range of recovery!
"I said, Enron has no problem!"
An investor in the NASDAQ Exchange, facing the public, said: "before the stock price plummeted, but is affected by the international financial market environment, after all, in the past few months, the global natural gas prices are falling."
"Now that the price of natural gas rises, Enron's share price will naturally rise."
"Yesterday, I invested half a million dollars in Enron, almost all my wealth. I'm sure I can make a lot of money this time!"
This investor is very much in favor of Enron.
In fact, he is not the only one. Many investors also believe in the "credibility" of Enron.
From 1996 to 2001, Fortune magazine rated Enron as "the most innovative company in America" for six consecutive years;
In 2000, Enron was named "100 best employers in America" by the magazine;
In Wall Street, a group of Wall Street elites also regard Enron's luxurious office as a beautiful talk in their daily discussions;
All of them all show that Enron is a blue chip stock in the stock market!
Therefore, even if Enron is now facing a huge crisis, there is still a lot of investor trust, which is fully understandable.
But
Just as Kenneth Lay, Skilling, Fastow and other Enron executives were complacent, WB, the fifth largest public television station in the United States, suddenly jumped out.
It suddenly exposed an old story about Enron.
"According to our reporter: in 1987, two auditors of Enron, Walter and brown, found that the bank records of the company showed that millions of dollars were transferred from Enron's account to two private accounts, Louis Bogart and Thomas mastronix."
"According to our survey results, Louis Bogot and Thomas mastroni, who were responsible for receiving the heads of state of Saudi Arabia and Kuwait, obtained internal information about OPEC's implementation of the project."
"These internal information enable Enron to make more profits in oil trading."
"Follow up..."
"After the matter was discovered by the auditor, Kenneth Lai, former chairman of Enron, supported the auditor's further investigation. And threatened to recover every cent. "
"But what about the results?"
"Full of benevolence, righteousness and morality, Kenneth Lai did not immediately investigate the responsible person. So far, this matter is still a mystery. "
"Why?"
"Because the bank record disappeared, it was tampered with!"
As one of the most important media channels of Zhuke, WB TV network naturally has to shoulder certain social responsibilities.
When a reporter ran into Zhuke, Zhuke said: "this is the word of justice!"
All right~
Kenneth Lai, the former chairman of the board of directors, is stupid!
Chief financial officer faasto exclaimed: "how does WB TV network know about these dusty past events?"
"There's something wrong with it," CEO skilling said
This is an old story of adulthood, which seems unimportant, but at the moment when the Bureau of investigation is struggling, it is undoubtedly tearing a hole.
"The first watch" is here. There are votes~