Dong Qiangqiang's Story of Leaving Germany

Chapter 737
Relying on Qu Shan's notes, the boy's kung fu of sharpening a gun that he has practiced since the first grade of elementary school, and nearly 12 hours of continuous study every day, Dong Qiangqiang finally passed the monthly exam without any risk.

For him, subjects such as mathematics, German, and English are not challenging. Mathematics only needs to memorize key formulas. Foreign language learning mainly lies in daily life. , but reading comprehension and writing cannot be accelerated.

Dong Qiangqiang's difficulty in the exam was mainly German politics, because this course required a lot of time to prepare, and he was well aware that it was far from being able to get a high score by rushing around.The final results of each subject also confirmed this point. He only scored 2.5 points in German politics and continued to maintain a strong position at the bottom of several homework.He knew that it was very likely that this course would still lag behind in the preparatory graduation exam, so he could only try his best to get the highest score of 1 in the other subjects, and strive to keep the average score within 2, so that the overall score could still be [-]. Excellent, creating opportunities for applying for economics majors in comprehensive universities.

After passing the exam, the next focus is on the special report of the seminar.Unlike Dong Qiangqiang when he was studying in China, the economics major teacher only gave the framework requirements and format requirements of the report this time. As for the writing content, it only needs to be related to economics and finance. For the report, it should focus on a certain region, a certain country, There is no limit to a certain continent or the whole world, and students are free to play and choose their own topics.After consideration, Dong Qiangqiang decided to make a comprehensive review of the major financial fraud incidents in the US stock market in recent years.After writing the report in this way, he also has a clear understanding of what to do next.

Although the requirement for the number of words in the seminar report is not high, after all, it involves professional writing in a foreign language (English or German), and Dong Qiangqiang dare not neglect it.The teacher also repeatedly emphasized to the students: If you want to output high-quality content, you must first have a preparation stage for a large amount of input.To put it more bluntly: if you want to write with content but not water, you must first read more "hard stuff" to make writing effortless.

In order to collect and sort out the relevant information, Dong Qiangqiang not only consulted a large amount of information to learn the US stock accounting standards and US stock accounting annual reports, but also downloaded short reports written by many Wall Street investment institutions (it is necessary to learn how to use search engines efficiently).He printed out all the content he wanted to read and stuffed it into the suitcase (to prevent the sudden loss of power when reading PDF electronic documents with his laptop in the field), then rushed to Paris again, and visited the small garbage transportation company that had filed a lawsuit against Vivodi during the day to collect Evidence (similar companies can be easily found through the INFOGREFFE system of the French Commercial Court), and at night, they ran outside different waste treatment plants to guard.Of course, with high-tech assistance, he doesn't need to stare at it himself, as long as he sets up the camera, he can concentrate on reading the various materials he has printed.At home, he may be distracted by many things, but sitting in the car late at night in the middle of nowhere, all he can do is read and sleep.

Through sorting out, he found that: from 1997 to 2001, more than 8400 of the more than 800 listed companies listed on the New York Stock Exchange, Nasdaq and the American Stock Exchange had various accounting problems or financial fraud. The number of companies that have been ordered to restate their financial statements or be punished by regulators is nearly 10% of the listed companies. After the Enron incident broke out, more and more investors believe that the companies that have exposed problems are just the tip of the iceberg However, what is under the iceberg is the real colossus that makes people fear and panic.Only then did Dong Qiangqiang understand why Duanmu was so sure that the future of Cicada was bright.

Although the task of writing the report was very hard, and he had to pay for it without pay, it also made him realize that the study of higher education is not just on paper, but a matter that can be closely integrated with interests and making money to support himself.Being able to balance studies and careers within the given time not only gave him a great sense of accomplishment, but also made him realize for the first time: when he loves something with all his heart and is willing to pay 100% or more for it When working hard, he doesn't feel that those difficulties are hard to bear at all, and persistence will become a natural thing.

Human progress is like the process of a flower blooming. Suddenly, the flower blooms.

After nearly two weeks of busy and serious preparation, together with Tong Lele and others helping him polish and revise, the report was successfully completed on schedule.

In the past 10 years, he has drawn up a list of notorious financial fraud companies that have appeared in the US stock market. The list has detailed information such as the name of the listed company, the time of financial fraud, the amount involved in financial fraud, and the main means of financial fraud. The well-known financial fraud cases in the U.S. stock market are analyzed from different aspects such as the background of the U.S. stock market, the management of listed companies, the corporate culture of listed companies, the requirements of securities regulators for information disclosure of financial audit reports, and whether relevant financial laws are perfect.At the same time, he also compared the differences in the relevant mechanisms between US stocks and German stocks.At the end of the report, he also praised the companies listed on the German stock market, because Germans can be regarded as representatives of honesty and duty in this respect.

Due to his adequate preparation and familiarity with the content, Dong Qiangqiang performed well in the lecture session of the seminar.The teacher's comments on the report are that the case is time-sensitive, the data is detailed, the discussion is rigorous, the classics are cited, and the topic is both readable and informative.Dong Qiangqiang not only completed the prescribed learning tasks and got full marks, but also helped himself to roughly master the knowledge about financial fraud in US stocks.

Time flies to the end of April, and the temperature picks up quickly.The streets of Paris are already filled with colorful summer dresses, and the makeup of the girls is also more charming than the other, and the figure is more graceful than the other.Duanmu told Dong QiangQiang that he was coming back from the United States soon.But he didn't go back to Germany first, but went directly to Paris to join Dong Qiangqiang.

A few days after Dong Qiangqiang answered the phone, the plane landed with a huge roar. Dong Qiangqiang successfully received Duanmu who came out of Charles de Gaulle Airport.

"Go to the hotel to check in first, and then find a place to eat?" Dong Qiangqiang threw Duanmu's luggage into the trunk, and asked while closing the trunk lid.

"Which hotel (stay) are you staying in?" Duanmu's complexion is very good, and he seems to be a lot fatter than when he left. "I don't care if it's a three-star or a four-star hotel, just add an extra bed."

"I don't live in a hotel." Dong Qiangqiang grinned.

"Then where do you sleep (at night)?" Duanmu looked surprised.

Dong Qiangqiang smiled and patted the car body.

"Every night?" Duanmu was even more surprised.

"You can't rent a car for nothing, and besides, that's what I came to Paris for." Dong Qiangqiang said deliberately.

"That won't work. You still have to find a place to take a shower and change clothes. The weather is already hot, and you will smell bad if you run like this every day. It's not good for you to run customers. Just find a homestay near the garbage factory, where you can take a shower or Just sleep." Duanmu criticized.

"That's no problem, get in the car." Dong Qiangqiang slapped the car body hard.

Dong Qiangqiang drove a rented car through the streets and alleys of Paris with ease. Through running around during this period of time, he already had a systematic understanding of the streets of Paris.

He glanced at Duanmu on the co-pilot seat: "You've gained weight, the food of the American people is good, right?"

"Cough, don't mention it, I'm about to vomit every day with junk food." Duanmu pinched the fat on his stomach sadly, and immediately there were "swimming rings" in both hands, and his hands loosened, " "Swimming ring" bounced back and disappeared on his stomach. He sighed sadly, "Hey, I'm in the rivers and lakes, I can't help myself. This can be regarded as a work-related injury..."

"Is the harvest big?" The afterglow of the setting sun was dazzling, Dong Qiangqiang put down the sun visor and put on the sunglasses.

"Must." Duanmu looked proud, "Let's talk while eating."

"How long will you stay this time?" Dong Qiangqiang asked with concern.

"Well, let's see the progress. I told the company that I came here to investigate the overseas office of a US-listed company. I guess I won't be here for a few days."

"Tell me what I need to do, and make sure to complete the task."

"It's ok, I haven't seen you in a few days and I'm confident enough!" Duanmu smiled slyly, showing his white teeth, "Don't worry, you only have a lot to do."

"Hey, to tell you the truth, although I have only been doing this for a month, I feel much better now than when I first came here. When I first came (Paris), I really felt that I had no choice but to grab my eyebrows and beard." Dong Qiangqiang laughed at himself.

"We will definitely get better and better." Duanmu's eyes were shining brightly, "This is the bonus that the times have given us."

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　1. Thanks to Shi Dao, Zhenwu Longyi, and Long Days for the monthly pass. 2. In 2020, the German listed company Wirecard finally failed to keep the chaste archway of "no financial fraud".But this is actually nothing. Compared with the "emissions gate" incident of Volkswagen in 2015, it is absolutely nothing. At that time, Volkswagen implanted an energy-saving engine into the engine control software in order to pass the exhaust emission standard test of the US automobile regulatory agency. Tested special software.After the Dongchuang incident, Volkswagen paid a huge amount of compensation for it, and its impact has not yet completely dissipated.In the past two days, it has been exposed that the Japanese auto parts giant "Akebono Brake Industry Co., Ltd." has been fraudulent for 20 years! It has affected 10 Japanese car companies and other news. It is estimated that there will be much fewer articles touting the spirit of Japanese craftsmanship recently.

　　
　
(End of this chapter)