Dong Qiangqiang's Story of Leaving Germany

Chapter 764
Lao Bai kept his promise, and after two days, he connected a short-distance tour group for a week in Germany to Dong Qiangqiang. The tour route was similar to the previous itineraries.

Compared with the trembling like walking on thin ice a year ago, Dong Qiangqiang is quite sophisticated now.Rent a car, choose a suitable scenic spot and alternative scenic spots (to prevent customers from finding fault), and determine cost-effective hotels, discount villages, and shopping stores.

Before departure, Lao Bai gave Dong Qiangqiang the bottom line: In order to register a new domestic company, he found a domestic industrial and commercial agency, but the agency made mistakes, the registration process was not successful once, and some procedures needed to be completed, so he had to stay in Hannover Cooperate with the domestic to solve the problem, so this time he will not follow the car, and Tong Lele will be the tour guide for the whole journey.

Dong Qiangqiang left the keys of the house and the mailbox to Lao Bai, and told him to take care of the parrot and check the mail every day. At the same time, he repeatedly stated that no matter whether he received a rejection letter or an admission letter, he must be notified as soon as possible, and Lao Bai naturally agreed.

Summer is the peak season for tourism in Germany. The gloom of winter has completely disappeared. Most of the time is bright and sunny, with occasional showers or thunderstorms, but the temperature is not low.

Due to the extension of the sunshine time in summer (it will slowly get dark after 21 o'clock), almost every city will organize a variety of outdoor activities, such as beer festivals, summer carnivals, fireworks festivals, music festivals, and opera festivals. Ordinary festivals, such as Chocolate Festival, Sailing Festival, Folk Costume Festival, Fisherman's Festival, Herdsman's Festival, Chef's Festival, Sausage Festival, Grape Festival and other strange and local festivals will also be inadvertently visited by people when they travel to a certain place. appeared.

Everyone went to the most beautiful city in Germany, and Tong Lele was kind and sweet, and he knew both art and shopping. The feedback from the male team members was quite positive and enthusiastic.

It's just that Dong Qiangqiang's mind is full of college notices, and he doesn't have much interest in landscapes or shopping. He can't wait to call Lao Bai three times a day, for fear of missing the notice. give up.

Of course, this short-distance trip was not all fruitless for him. The advantage of self-driving travel is that he can arrange the route by himself. He also arranged for everyone to visit the universities in the corresponding cities on a private basis. Of course, they were all universities that Dong Qiangqiang had applied for.Although he couldn't spend most of the day looking around in detail, it was still better than nothing after all, and it finally allowed him to see the true faces of the universities he had applied for.

In addition to Dong Qiangqiang worrying about the university notice, he is also worried about Cicada.

The U.S. stock market is still burning with fire.

Following the successive financial scandals of important companies in the US communications industry, such as WorldCom, Globe Telecom, and Edifel Telecom, the US communications industry has again exploded with fraudulent cases.Quest International Communications Corporation, the fourth largest listed company in the industry, issued a statement admitting to illegally falsely report profits of nearly US$1999 billion with improper financial means between 2001 and 12.Although the amount involved was only one-fifth of the previous Xerox financial scandal in the United States, the market at this time could no longer withstand any heavy blows. Angry investors ran to Wall Street to hold banners and parade, attracting a lot of media to follow.

The Quest financial fraud incident accelerated the implementation of the Public Company Accounting Reform and Investor Protection Act of 2002.Prior to this, because the bill involved too many stakeholders, although it has been more than five months since it was proposed, and after dozens of discussions, amendments and wrangling between the Senate and the House of Representatives, it has not been possible for the relevant parties to reach a complete consensus.Under the education of wave after wave of falsification, the Senate and the House of Representatives finally "recognized" that the U.S. stock market has reached the edge of a cliff and is only one step away from a complete collapse.Under the game of various forces, the "Sarbanes-Oxley Act" finally came out after a long-awaited call. It was finalized on July 5 and signed by President Bush of the United States, and it officially became a law of the United States.

Duanmu was aggrieved. He had contacted the company in the United States and even did a preliminary due diligence on the Quest company, but at the last moment he chose it out of his investment basket because he was not sure.Missing the excellent opportunity to make money, Duanmu couldn't help but sigh, lamenting that he didn't have the fate to make a fortune.

Duanmu and Dong Qiangqiang have been looking forward to the second quarterly report of Vivendi since the beginning of July, but Vivendi has a good understanding of the market sentiment at this time. Instead of releasing the second quarterly report at the end of July as usual in previous years, it issued a statement to postpone the quarterly report , as if deliberately challenging the limits of investors' patience.

What surprised the two even more was that the one who thought it should have moved did not, and the one who shouldn't have moved so early instead did it first.

Munich Re and Swiss Re have released their second-quarter reports one after the other.

As expected by Wall Street, both insurance companies experienced financial losses to varying degrees, and Munich Re's losses even exceeded Wall Street's expectations.

Germany is a country where insurance is mandatory for all citizens (whether they are locals or foreigners staying in Germany for a short period of time), and with the vigorous advancement of domestic health care reform in Germany, especially in medical appointments, after-care and nursing laws, etc. Policy adjustments in this area have made insurance companies have to reserve more funds than before as medical reserve funds every month (much like the deposit reserve fund in the banking industry).Under the pressure of continuously increasing expenditure brought about by 911, the higher reserve fund will undoubtedly make things worse for Munich Re.Under such circumstances, the amount of some insurance packages has unsurprisingly experienced a tentative increase to varying degrees.The German media immediately noticed this small move, and immediately set off heated discussions on insurance premium increases and medical reform.As a supervisory agency of insurance companies, the German Federal Social Security Office did not comment on the financial situation and premium adjustments of a group of insurance companies such as Munich Re.

But the comments on the German secondary market are much more direct and straightforward: you raise yours, and I lower mine.

In this way, the stock price, which was still hovering at 7 euros per share at the beginning of July, was smashed down instantly with the release of the second quarterly report. The financial giants who smelled blood were moved by the news, and they concentrated on shorting a wave, and waited until the last transaction in July. Today, the stock price is less than 240 euros per share, and the trend is still downward.

While Munich Re's stock price plummeted, the price of put options was rising steadily.Although Munich Re did not invest as much as Vivendi and Southern Healthcare at the beginning, the temporary income far surpassed Vivendi, which made Duanmu very pleased.

With the two reassurances of Vivendi and Mu Zai, Cicada's investment income of more than 50 Euros this year suddenly became no challenge. Seeing that the bet with Anderson was so easily achieved, Duanmu's mood of missing Quest gradually improved. .

As the saying goes, the east corner of the lost, the mulberry elm harvested.

Until Dong Qiangqiang sent the tour group on the plane back home, he didn't wait for Lao Bai's call, but got the news that Duanmu was going to the United States again.

"Why did you go to America again?" Dong Qiangqiang asked.

"I came back to investigate the problems of the European subsidiary of the US listed company. Now that the investigation is almost done, I have to go there to report the situation."

"How long will it be this time?"

"If the company doesn't send out new jobs, it's estimated that they will be back in a week." Duanmu explained the two situations in one sentence, "I think so, try to spare time to chat with Wall Street investment funds, if Anderson is really kicked out in the future If you want to go out, you should reserve more U.S. dollar funds. If Anderson becomes angry because of being kicked out, it may destroy our money from other investment funds in Germany, and I have to guard against it."

Dong Qiangqiang doesn't know as much about financing as Duanmu, so he can't offer any suggestions, so he can only agree.

"After the promulgation of the Sarbanes-Oxley Act, we can't tell whether the U.S. stock market will continue to fall or bottom out, so you can still watch the market as much as possible every day, and communicate on the phone at any time if you have a situation, regardless of the time difference." Duanmu urged.

"I have an idea. If possible, you'd better meet the founder of the 'Stock Lemons' website and talk to him. I read all the short reports he wrote. I think this guy still has something." Dong Qiangqiang solemnly suggested, "If you can see him, you can ask him from the side if he has any programmers, how many, etc., we can learn from it."

"This shouldn't be difficult. Has that friend of Hans not finished yet?"

"I haven't been able to get in touch."

"Is there any progress in recruiting?"

"I have posted on many websites and forums, but no one has posted a resume yet. In fact, I wanted to tell you a long time ago. You know that there are thousands of listed companies in the US stock market. It is up to me to check whether they belong to Arthur Andersen one by one. Historical customers, the progress is really too slow, I want to find a few interns, and each person pays 400 Euros per month, so that the efficiency can be higher, what do you think?"

"You are also the founder of the company," said Duanmu, who was in a good mood after earning money on Munich Zai, and agreed very readily, "In the future, it's up to you to decide things like this."

Dong Qiangqiang returned home anxiously, and Lao Bai handed him a large stack of mail while returning his keys.

He sifted through it carefully, and there were insurance bills, bank bills, phone and Internet bills, and all kinds of junk advertisements, everything, but there was no letter from a German university, not even a rejection letter.

Sometimes, no feedback can be more distressing and frustrating than an outright rejection.

Looking at Dong Qiangqiang's face like pickles, Lao Bai asked quietly: "Do you have time on weekends?"

"Are you in a group again?" Dong Qiangqiang said in shock.

Lao Bai shook his head, smiled wryly and asked back: "I've already given you one, and if there is another (group), am I stupid if I don't want to keep it for myself?"

"Then you ask me if I have time..."

"Come with me to relax."

"Let's relax? What's wrong with you?" Dong Qiangqiang was puzzled.

Lao Bai was silent for a few minutes, with a lonely expression on his face, half-truth and half-truth: "If you leave, I will have no one to talk to in the future."

Dong Qiangqiang just wanted to tease him, "It's a big deal for you to find a girlfriend", but when the words came to his mouth, he felt that it was inappropriate, so he changed his words: "Don't you have a phone? Besides, Lele and Lei Lanting are also there, and if there is no university Me, I still have to play Lebai with you."

"That's right. If you want to study economics, you might have to wait a few semesters..." Lao Bai deliberately pushed him away.

"Master, don't you know some auspicious words?" Dong Qiangqiang pretended to be angry and said, "Hurry up, where do you want to go to relax?"

"All you have to do is save some time," Lao Bai purposely put off, "You will know when the time comes."

"Do you drive? If you go far, I have to do maintenance (for the car) first."

"No, the train goes back and forth."

"Just the two of us? Or should everyone call?"

"You can call me." Lao Bai waved his hand, "While you are still here..."

"This sounds really awkward..." Dong Qiangqiang complained, "Your bad mouth is becoming less and less able to speak now."

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(End of this chapter)