Hollywood Starts with Animation

Chapter 628 This broken ship sank

New York, Wall Street.

Gale Capital Corporation.

This morning, Zucker successfully arrived in New York on the private plane "Lola". After getting off the plane, even though he was chased and blocked by many reporters, Zucker ignored it completely and did not accept any form of interview at all. He took a special car and went directly to Gale Capital. drive away.

Not long after, Zucker entered Gale Capital.

"boss!"

"Mr. Wald!"

"Chairman Wald!"

A group of Gale Capital executives headed by CEO Andy Chelop greeted Zucker. If this is a Japanese company, it is estimated that it will definitely bow down and bow.

Zhu Ke looked at Andy and said solemnly, "How about it, didn't Kenneth Lay say that he was going to hold a press conference? Has it started now?"

"Not yet, but soon." Andy replied.

really.

When Zucker and his party entered the conference room and turned on the TV to lock the NBC news channel, the news conference of Enron founder and former chairman Kenneth Lay was about to begin.

At the moment, Kenneth Lay himself has not yet appeared on stage, and did not appear in the TV screen.

But the TV has already started broadcasting.

Hundreds of news media and at least more than 200 media reporters gathered at the press conference.

puff~

Suddenly, Zucker was suddenly happy watching the TV.

"Boss, what's the matter?"

Andy asked.

The surrounding executives also focused their attention on Zucker.

"It's nothing, I just remembered a joke."

Zucker waved his hand and said, "Before boarding the plane, I received a call from Senator Mr. Horta, who told me that the mayor of Houston and the governor of Texas were originally planning to support Kenneth Lay. This old guy insists on attending this press conference of Enron, but do you know?"

"The leader of the Republican Party and the elder of the majority,

Call the two of them directly to warn them, no, to be precise, to ask them not to get involved, so the two of them directly counseled. "

The voice fell.

Andy and others who were present also laughed very unkindly.

Mayor of Houston?

Governor of Texas?

In the past, the two of them voiced their support for Enron many times, and even said: "When necessary, the city government and the state government will come forward to guarantee, contact Citibank, and provide Enron with more than 1 billion US dollars of no interest and low interest. loan."

But what about now?

The two of them are like a joke in other people's mouths!

At least on Wall Street, there are a lot of people talking about this every day now.

At this moment, not only Zhu Ke and others are watching the press conference of Enron, but the elites of the major investment banks on Wall Street are also paying close attention.

Not too long...the press conference begins.

Enron founder and former chairman Kenneth Lay took the stage.

Immediately, more than 200 media reporters sitting off the court were excited and pressed their cameras for the first time.

The sound of clicking is incessant.

Facing a group of media reporters, Kenneth Lay said loudly: "I know that Enron has a problem now, and it can even be said that it is the biggest crisis that Enron has encountered since its establishment decades."

"However, please believe in Enron, believe in me, I have the ability and responsibility to turn the tide!"

"First of all, Enron's stock price continues to plummet."

It is an unavoidable fact that the stock price plummets. Based on this, it is also a concern of countless people. This represents whether Enron has the ability to repay, including whether the large amount of Enron corporate bonds held by investors can be converted.

If Enron does fail, then these corporate bonds are likely to become a pile of waste paper.

waste paper?

Hehe, a few months ago, this pile of "waste paper" was worth billions, tens of billions of dollars!

It has to be said that many investors have a heart to die.

"As of now, Enron's current stock price is $13.8 per share, which is a drop of $0.6 compared to yesterday. As of today, Enron's market value is only about $15 billion, far below its peak of nearly $15 billion. $100 billion market cap.”

"But...is Enron really only worth $15 billion?"

"Do not!"

"Absolutely not!"

"Enron Gas Pipeline Group, Enron Investments, Enron Energy Services, Enron International, Enron Oil and Gas, Enron Renewable Energy, Enron Capital and Trading Resources... these are just the Enron subsidiaries. , which excludes the impact of the stock market and bonds, the equipment of our Enron subsidiaries, the funds on the books, fixed assets, etc., add up to no less than 45 billion US dollars.”

"That said, Enron's overall value . . . is much more than market capitalization suggests."

"I believe that even if Enron really can't get over this hurdle, it goes bankrupt, it goes bankrupt, and we still have the ability to repay the property of all bond investors!"

Kenneth Lai's words are definitely powerful.

wow~

There was an uproar now.

However, these remarks did stabilize many investors who hold Enron bonds.

However......

The elites of Wall Street investment banks sneered at it.

Quantum Fund.

Soros, the founder of Quantum Fund, who was watching the live press conference at the moment, couldn't help sneering: "The fixed assets of Enron's bankruptcy and liquidation are not less than 45 billion US dollars, which sounds very reasonable, but why didn't Kenneth Lay mention it? What about Enron's liabilities?"

"That's it!"

Vice President Brown Mikael also laughed: "It's all about this time, Kenneth Lay is still very cunning!"

Enron's debt is currently no less than 40 billion US dollars!

Once Enron is really bankrupt and liquidated, then after removing various equipment, funds on the books, fixed assets, etc., Enron really has no money left. How can it still be able to repay those investors who hold Enron bonds?

Hehe, it's all a quibble!

Sure enough, the media reporters at the press conference were not vegetarians, even if someone directly debunked Kenneth Lay's sophistry.

"How long are you going to argue?!"

This is the word of justice.

Goldman Sachs.

At this moment, Duter Bartels, one of the senior partners of the Goldman Sachs investment bank, laughed out loud: "Guys, look at this, is this still Kenneth Lay, who used to be self-proclaimed and calm in the past? You guys? Look, what is he panicking like?!"

Other Goldman Sachs partners are also watching jokes.

"He can't calm down at all now," said Vice President An Nai.

Shan Feiqi, one of the partners: "This does not mean that he is really out of options."

In the eyes of the executives of Goldman Sachs investment bank, Kenneth Lay, the rich man who is speaking on the podium at the moment, seems to be an ugly face.

......

"what?"

"You ask me how I feel about the fact that Enron has falsely reported more than $600 million in recent years?"

"I tell you, I don't know about it myself, otherwise I will definitely clean up these worms as soon as possible! All of this was done by them without telling me!"

In the face of repeated questions from media reporters, Kenneth Lay has been denying it.

He does not admit to the fact that he knew or participated in it in advance.

In a word, he does not admit the crime!

And still vehemently denying...

"Hehe~"

Zucker watched Kenneth Lay's performance with interest, and said aloud: "Guys, we watched a wonderful stage play. Now we can be a little more certain, it's over!"

"The ruined ship Enron is close to sinking completely, and there is very little time left."

Hearing this, everyone nodded in unison.

The last wave of harvesting Enron's wealth has officially arrived!

The press conference held by Kenneth Lay not only did not alleviate the current severe situation of Enron, but revealed Enron's weakness and powerlessness, further pushing Enron into the abyss.

"" The third is sent, there are votes to vote, dear~

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like