Rebirth of the American Tyrant

Max wants to retire. If it weren't for the bigger one, he really intends to take a back seat. The more you know, the less confidence you have in the world. Staying on the company’s farm may be a good choice.

Don't look at it as a group of retired old guys. You don't have a considerable number of soldiers. You don't even have to think about it. You can live to retire and jump around, just think about it yourself.

An energy company with a market value of nearly 100 billion, or the largest energy company in the United States. The financial reports they provided to shareholders were fictitious.

Damn it, if you reimburse a little more for the so-called invoices, it is already a treachery.

What is it now?

The performance is actually fake!

Junk level, this is the rating just given by the rating agency. In William White's opinion, this thing is actually a match with the Earthquake Administration. Guess before things happen, and blow after things happen.

Alas, if there is no early warning, I want you to be a rating agency.

Looking at the stock price staying below $0.3, William White couldn't help feeling a little bit emotional. In this week, he has thoroughly seen what it means to turn hands for clouds and hands for rain.

A week ago, Citigroup and Morgan Stanley were still giving blood transfusions to this partner. How long has passed since then, how come it's all fake.

what? You are also victims, and we have nothing to do with Enron's fraud.

It's a **** to say you just say it, someone believes it. Obviously, you are aware of the risks, so you passed on these crises as soon as possible.

If you are an individual, this is understandable. All your money is what you already have. Of course, how to maximize the benefits is the only choice.

But Citi is different from Morgan Stanley, or has its own money, but there are not many road teams.

"The tens of billions are gone, Warren, don't say what you just learned, it will make me doubt my IQ."

Uh, before he could say a few words, Buffett was choked. Of course he had been suspicious for a long time, but it was none of my business. Who knew what the pot was inside?

"William, you know, I am not interested in projects that are beyond common sense.

If something goes wrong, it must be a demon. Didn't you also fail to vote? It seems that he still shorted a wave. "

"Cut, that was the position in the first half of the year. It didn't have much money. Okay, it looks very good now. It was written off without spending any money. This is really a surprise."

Fuck, Buffett raised his **** to himself, he had no idea about William White's morals. Forgot to have such a short short, can you still ask for a face?

Not much money is more than 30 million, well, it shouldn't be deliberate, otherwise it must be hundreds of millions. This lucky bastard, how can you run into any good things.

"How do you think about this, it's very important." There is no time to struggle with this, Greenspan is still waiting for news. Buffett decided to go straight ahead and test his reaction by the way.

"We will become the laughing stock of the whole world. The price of bonds will rise or fall. What else can we do? Abandoning the short-selling decision may be the worst decision in my life."

Buffett smiled bitterly, what can he say, sense of social responsibility, don't be funny, at least wipe off the blood from the corners of your mouth and talk about other things.

After all, everyone is afraid of crashing. The economic downturn is acceptable. If it collapses completely, it will be hard for everyone. What we are talking about now is not about making money, but how to get the economy back to its original track.

Of course, if you pay, you will gain. There is no such thing as free labor. Regarding the rescue of the market, a consensus can be reached on this point. As for how to deal with the aftermath and how to divide the fertilizer, this naturally needs to be discussed again. It is impossible to have any results once or twice.

Giant crocodiles like Buffett and William White are both upset, so there is no need to say how small and medium investors panic.

Bought Enron's stock?

You stay steadfast, it doesn't mean anything that you can sell.

What can three cents do?

It is better to put it in the account, there must be no way economically, but legal proceedings may not. Needless to say, Enron bears the brunt, but this fellow may not be able to sustain it. If this goes bankrupt, there will be nothing left.

Rating agencies must be responsible, or at least misleading investors.

and then? No one knows that this Enron will not be the first, nor will it be the last.

Damn, who audited this financial report?

"Terminate cooperation. At least, Arthur Andersen is unreliable. This is a consensus." Regarding Arthur Andersen, William White's feelings are very complicated.

Are you saying that this guy is wrong?

Actually there are, but you have to say how big it is, this is really not. Enron's counterfeiting method is through a bunch of key companies. Don't say how clever it is, for a while, it's really hard for you to figure it out.

Of course, there must be something wrong with this company. There is no doubt about this. If you don't even understand this, you still have the face to say that it is No. 1 in the world.

"Boss, have you really reached this point?" Philson hesitated. At least half of the companies in their place were audited by Andersen. It’s a bit embarrassing to say that you are in a different sentence now.

"At the very least, be prepared!" William White sighed secretly, this is the most embarrassed family. What about the largest accounting firm? Enron is a class action lawsuit. You can't escape it. Before the incident ends, you should be prohibited from engaging in related industries. It can be difficult to survive for up to a month.

Philson scratched his head secretly, and things were too big now, it was beyond his understanding. If there is no one big head against it, he really doesn't know how to deal with it.

All stocks are falling, falling at a very exaggerated rate. The largest energy company falsified performance, and the largest accounting firm falsified accounts. Damn eagle sauce, isn't this deliberately cheating us?

Forget it, the relevant funds for retired workers must be withdrawn. The risks involved are too great. If there are no restrictions, God knows what will happen to those bastards.

The most important thing in the capital market is confidence, which is why Wall Street stands firm. Compared with other markets, Wall Street has the largest transaction volume and the most open and transparent market.

Of course, the most important point is that the cost of fraud here is extremely high. If you are really found guilty, my goodness, the money you made before is not enough to fill in.

However, the cruel facts tell the world that there is no clean market. In order to obtain higher benefits, capitalists have no morals. It's scary enough that a family falls peacefully, what if there is a bunch of them behind this?

Take a look at the client list of Arthur Andersen?

Not to mention foreign investors, Wall Street fund managers are also at a loss. They have seen the fraud. This is the first time that this is so outrageous. But what if there is anything else?

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