On December 2, 2001, the MI army pursued subjugation and exile, and began to attack Kandahar, the enemy's last city. At the same time, Enron officially applied to the bankruptcy court for bankruptcy protection. The assets listed in the bankruptcy list were as high as 49.8 billion yuan, making it the largest bankruptcy case in the history of the United States. Before November 30, Before Enron's suspension, its share price had fallen to 26 meters, and its market value was only 200 million. At its peak, it had a market value of 100 billion
"The decisive disposal of the George Dynasty is not bad this time, the doubts about the domestic security situation began to be eliminated, and the popularity of Harry Potter in the western world last month restored the confidence of the film industry..."
Song Ya was also present at the top dinner hosted by New York Mayor Bloomberg, who was elected but not yet inaugurated, and was talking to Samuel of PWC, a multi-year partner. "I didn't expect to be poked out such a big basket by Enron and Andersen."
"Yes, capital's confidence in US has dropped to a low point."
Andersen, who dares to be absent from the congressional hearing, recently tried to leave the whole pot to David Duncan, senior partner of its Houston Branch, but it couldn't convince the public. Although the partnership system does make the accounting firm more like a loose alliance, Andersen is not only responsible for internal and external audit, but also consulting business, According to the false accounts that Enron was exposed as rampant to "poor acting skills", such as throwing huge debts to the so-called client company named after the comic hero, Andersen's headquarters in Chicago can not be so white lotus.
Investors sued, and the Securities Commission of the United States and relevant departments also launched investigations into Enron and Andersen. The latest data is that Enron alone has recruited hundreds of employees with Andersen's work experience, including important positions such as chief accountant and chief financial officer. Even if the five gold-plated qualifications have always been a springboard to gold-collar positions, This number is too exaggerated.
Andersen and Enron colluded and killed countless investors, which caused the credibility of the other four major accounting firms and multinational corporations to fall to the bottom. Investors also had a crisis of trust in the accounting, consulting industry and American securities industry.
Although multinational giants such as Vivendi global and WorldCom, which have in-depth cooperation with Andersen, have been examined under a magnifying glass, are the other four really so clean? The American stock market has fallen for more than a year. Who doesn't have a pile of customers whose market value has shrunk rapidly in the stock disaster, suspected of illegal cash out and financial fraud?
Samuel nodded: "we need to rebuild trust decisively and immediately. The disaster can no longer spread, otherwise the consequences will be unimaginable."
The accounting industry has always been shaped as a neutral and honest organization, which is a supervisor, gatekeeper and economic police. If the industry collapses, the market value of the company will have no credibility, and the whole modern company system based on securities trading will face a deep crisis.
In fact, Songya doesn't want to appear in the same frame with Samuel, who is responsible for most of the company's business at this time point. Sloan opposes it. The CEO of PWC has announced that he will leave next year, and the boss of Deloitte ran away last year. Something so big happened to Andersen this year. She said it's not a good idea to rush to see the chairman of PwC's American branch at this time point, It will make bad associations for investors who are currently jittery.
However, Samuel insisted on inviting the CEO of PWC to seek support for his competition next year. Under the partnership system, he is one of the largest customers with 3dfx and Littman media. Being able to show and stabilize himself at the current sensitive moment will be the capital and backing for him to compete for higher positions within the company.
After consideration, song Ya agreed. He and Samuel have always cooperated happily. Samuel is right. After the thunder of Enron Andersen, if the problem of false accounts spreads to the other four major countries, not only the United States, but also the whole capital world will face a deeper crisis. The securities market has been very difficult, so governments of all countries will not sit idly by. PwC should not be in great danger.
"On the 12th, the Financial Services Committee of the house of representatives will summon the senior executives of Enron and Andersen to participate in the hearing again. Will Andersen not go again this time?" Song Ya asked.
"It should be. It's unrealistic to want the Houston Branch to take full responsibility now." Samuel replied.
"Do you know anything about their French branch?" Songya never forgets Vivendi global.
"The boss over there is Aldo padoso, who is also the senior partner fully responsible for Vivendi's global business. Others... "
After ten years of cooperation, Samuel knew that this young customer who "saw big from childhood" had the character of revenge from morning to night. He wanted to see through what he wanted to do, "what do you want to know?"
"Just... You know, Hei hei." Song yanao scratched his head and smiled.
"OK, I'll send the information to your email later." Now that he has a request, Andersen is bound to have bad luck. As usual, Samuel will never do this kind of thing.
"No, just give a paper copy."
"All right."
"Thanks."
"Little things..."
The two gathered together and whispered. Other guests at the dinner party looked here from time to time. The whole wall street is now afraid of the serial thunderstorms caused by the Enron incident. Everyone is trying to observe even the slightest disturbance.
"Looks like they're both in a good mood?" A fund manager asked his friends.
"Well, Samuel is expected to succeed the former CEO and become the boss of PWC next year. He served aplus when he was a senior partner in the Chicago branch."
"That was nearly ten years ago!" The fund manager recalled and whispered, "aplus was only a teenager?"
"Well, do you remember that he sold more than 100 million yuan of Barnes to Dow? I remember that at that time, the audit consulting business of Bain company was Yongdao before its merger with PwC. Without Samuel's escort, aplus would never be the black Pharaoh today. "
"Ha ha, black Pharaoh... This boy is so lucky that he didn't choose Andersen whose headquarters is in Chicago."
"It is said that Andersen's offer was a little higher than Yongdao, so..."
"Rumor, ha ha..."
The fund manager looked at Songya with envy and jealousy. "Seriously, this boy has a good hand in creating God for himself. I heard from friends in Hollywood that his a + entertainment money making project would claim to be led by him. If he lost money, he would shift the responsibility to poor CEO yelemov. A large number of black celebrities simply claimed that he was a prophet, Blatantly engaging in cults is a way of bewitching people... It's disgusting. He said that the broken novel website of Littman media was about to be forcibly delisted. On the contrary, no one mentioned it. Who knows that PwC and he did not secretly fake like Andersen and Enron. "
"Come on, he just appeared at the Xbox press conference with the world's richest man last month. With the ultra-high shipment of Xbox on Black Friday, 3dfx is now a star enterprise in the sad NASDAQ listed companies. Look... "His friend nuzui, and they saw Madoff, the former chairman of NASDAQ, walking towards Songya.
"I just saw Robert of Goldman Sachs looking for you, aplus."
The NASDAQ index fell like this, and Madoff left not long ago. Of course, this does not affect his fund to continue to provide stable investment returns.
"OK, thank you, Mr. Madoff."
Robert must be looking for himself for the role of Goldman Sachs chairman Paulson in the wolf of Wall Street. Song Ya tried to hide with champagne, but he was found.
"Aplus, talk in private?" Robert, the only black executive at Goldman Sachs, a former chemist, blocked his way.
"OK."
"It's the same thing we talked about before. Mr. chairman, aplus is very unhappy to appear in your film." Sure enough, Robert came straight to the point.
"That's not the case." Songya certainly doesn't admit, "I've seen the adapted script of the wolf of Wall Street, but I haven't seen his role."
That character is the male master prototype. Jordan Belford, the king of junk stocks, described in his autobiographical novel that he was the boss and mentor when he first entered Wall Street. He taught Jordan Belfort in a high-end restaurant while openly sucking, swearing and singing loudly. He also taught some eccentric skills of how to brainwash ordinary retail investors. In short, he is a Wall Street scum with some personal charm.
In the real history, this role is only a wall street person who went bankrupt and declined soon. The original Apocalypse film only played a little time. Texas actor Matthew O'Connor played it vividly. Songya intended to leave it to Carl Icahn, but now it belongs to Paulson, who is even more annoying.
Of course, the play won't be called Paulson directly. It just uses actors with similar shapes. Naturally, Matthew O'Connor can't still be invited. Nicolas Cage is very expensive, and charlice after 50 degrees of gray is also very expensive. Now Matthew O'Connor has become a promising man by hunting U571 and other films. He is very handsome when he is playing, It's not enough to be angry with Paulson with that kind of male star.
"We've got the script."
Goldman Sachs can certainly do it, "and noticed that an actor is very close to the chairman in image, and the relevant plot is too suggestive. Most people on Wall Street are not... Not always like that."
"Seriously, old white men look the same." Songya smiled playfully. It doesn't matter to say this in front of the black.
"Is it necessary?" Robert was serious and didn't laugh.
"Wow... Necessary? Ha ha. "
Songya sneered, then seriously approached Robert's ear, "you promised this and that, and then I sprayed the chairman of the Federal Reserve for you and told me my next action in advance. What have you done? You yourself quietly backhand short on NASDAQ? You don't know how much I lost, and you know what happened to the Bronfman family who made me lose so much money! "
"For that kind of strategic action, we can't risk the exposure of illegal transactions and inform you aplus in advance. That's not the same thing." Robert was restrained by his words. "I apologize to you for Mr. chairman. You should understand."
"I don't understand."
Song Ya rolled his eyes. "Besides... I'll shoot my play. The bank you run is not the same thing."
"As a black man, I came to you out of kindness, aplus."
Robert turned and said, "why? If the plot is a little more appropriate, the chairman doesn't even mind making a guest appearance in person. He can even accept a certain degree of self teasing. "
"No, now the whole world hates Wall Street, especially after the Enron incident, the box office of the wolf of Wall Street next year should be good. You are welcome to enjoy it. Of course, you have to buy your own tickets to the cinema. " Song Ya raised a glass to him.
"Aren't you part of Wall Street, aplus?"
"I don't play anymore. I'll do business in the future, and then make movies and records. There are traps, false accounts and swindlers everywhere. Even the famous people have no reputation. I saw through after the Enron incident."
“Comeon! Aplus, this is more serious than you think! " Robert was a little anxious, "I'm for you. You are the pride of our group. I don't want to see you and Mr. Chairman..."
"Why did you go early?"
"OK, we are willing to compensate elsewhere..."
"That's another thing. That character should commemorate the loss and experience I was cheated before..."
Now Song Yacai won't be tempted by any empty talk and white teeth transaction and interrupt Robert. "I'll talk about it later. Anyway, I don't want to be cheated by the same person again."
"I assure you with personality that I won't."
"You should have helped me, not those old white men!" Robert has some black skin and white heart. Songya angrily scolded him, "and you see, the five big firms are changing bosses. Who knows that your 'Mr. chairman' won't be the next one to leave?"
"Don't you know how powerful Goldman Sachs is?" Robert said painstakingly, "there are affairs officers from Goldman Sachs in the Ministry of Finance alone..."
"There are many Andersen in Enron. What's the result?" Song Ya asked.
"OMG..." the lobbying failed. Robert had no choice. He turned and left in the name of God.
At the same time, in Paris, messier, CEO of Vivendi global, was plotting with Aldo padoso, boss of Andersen's French branch. Two frightened birds had just had a big quarrel, but now they put their heads together.
"The United States is likely to be overwhelmed. The regulators of the two countries will soon turn their attention to us. All problem accounts must be balanced in this year's annual report!" Aldo padoso warned.
"Is that different? Equal to self explosion! " Messier wailed, "can I stand it!? I'll step down 100 percent! "
"It's better to go to jail! Neither of us can run! "
"Even if we can handle it, can you guarantee that the accounting documents at your headquarters will not fall into the hands of the American prosecutor? The result is not the same! "
"Don't worry, they will destroy them all... Just taking advantage of the Enron incident."
"Destroy!? You are an accounting firm! " Messier thinks he has been bold, but it is still beyond the imagination of his senior manager career for many years.
"There's no way, or do you have any other good ideas?"
Aldo padoso said: "the Chicago headquarters took the risk to do so in order to keep the credibility of Andersen!"
"Er... Well, destroy... OK."
Messier wiped the sweat on his forehead and promised. He knew for a long time that Andersen's so-called reputation was certainly not what he claimed to be "integrity above profit", but that he never caused trouble to customers
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