Chapter 667

Name：Hollywood Starts with Animation Author：Chief Minister
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February 3, 2002.

9 am.

Today, Zhuke gave himself a rare day off. He stayed at home quietly, didn't go anywhere, and didn't want to worry about any work. He just sat on the sofa in the living room and watched TV.

Well, an extra cup of tea.

Today, with hundreds of millions of wealth, Zhuke can enjoy it occasionally.

Dada dada~

A light footstep came.

Jonathan Levine, the core member of the security team who defended Zhuke, came in with a copy of the enterprise newspaper in his hand.

"What about buying things?" Juke asked with a smile.

"Of course."

"Enterprise is a niche newspaper with low circulation. I ran three blocks to get it in a convenience store," said Jonathan Levin

Zhuke nodded and said with a smile: "enterprise is a small group, but its news is accurate. I'm going to buy it after a while."

Jonathan Levine smiles and stands alone.

He is a security personnel, and also a core personnel, so he naturally has to maintain the personal safety of Zhuke all the time. After all, the annual security cost of millions of dollars is not wasted.

"Well, it's the new issue of enterprise. That's right. Let me see if the financial report of WorldCom has come out." Zucker whispered to himself.

WorldCom is an American communications company headquartered in Virginia.

It has a history of several decades and has experienced the ups and downs of American Telecommunication Industry for half a century. It has promoted the legislative process of antitrust in the United States, which led to the separation of the unicorn of att (at & T) telecommunications industry;

WorldCom was once second only to att!

It's all fake!

In the collapse of Enron, there are some problems in the management and financial personnel of the company, such as making false statements on the books and making false profits. The same is true of WorldCom!

Don't forget, Zucker came across with the golden finger system!

Through the information given by the system, Zhuke knows that WorldCom's fraud in reporting false profits is more excessive than Enron's, especially better than Enron's!

In 2003:

The chairman of WorldCom admitted: "only in terms of inflated profits and exaggerated external financial reports, the amount of such fraud is as high as US $1.635 billion."

The number is amazing.

But is the truth really only $1.635 billion?

Of course not!

A spokesman for the U.S. Securities and Exchange Commission and the Department of Justice said: "WorldCom has a problem of as much as US $3.8 billion only in terms of inflated profits and exaggerated external financial reports."

Well, even in court, WorldCom chairman Bernard John Ebers is not honest enough to conceal some of the facts.

Only $3.8 billion?

A week later, a number of media jointly revealed that: "it was found that in the two years from 1999 to 2001, WorldCom's fictitious revenue reached more than 9 billion US dollars; By the end of 2003, the total assets of the company had been falsely increased by about US $11 billion. "

ha-ha!

The amount is much higher than the data given by the securities and exchange commission!

What does that mean?

It shows that someone inside the securities and Exchange Commission or from a higher level is covering up for WorldCom.

This also caused a lot of political scandals at that time!

Hoo~

After reading the contents of the newspaper, Zhuke stretched his body and said with a smile, "I've made a lot of money in the bankruptcy of Enron. This time WorldCom will make a lot of money."

The second watch is on.