"Uh, boss, is there a problem with this company?"

 "No, it's just a hunch, the rise of this company is too weird.

 If all that works, you're dead for Rockefeller.As for that Enron Online, don't talk nonsense, I have struggled to sell books online, but they can sell natural gas.

 Well, it's not convenient to say here, I'll go and chat with Buffett. "

 Even though he knew that An Ran was a pit, what frightened William White was that he actually thought it could be rescued.If, if that guy turns his attention to the entity, he, William White, may not invest.

 Knowing that it is a pit, I want to invest, I have to say, this guy is a bit out of date.The unusual rate hike by the US Federal Reserve disrupted the normal rhythm of Nasdaq and deeply damaged the foundation of the US economy.

 Let's just say that if they ended up destroying manufacturing, they succeeded.When the loan interest rate is higher than the profit of the manufacturing industry, except for those who generate electricity for love, it is estimated that no one will engage in industry anymore.

 Based on high technology, with financial services as the backbone, and finally, with the addition of those low-end service industries, such a country seems to be good.

 You see, if the high-tech and financial service industries become bigger and stronger, they can cover more than 10% of the population.So, plus high-end service industries such as education and medical care.

 What? What about the 80% majority?

 Well, this doesn't seem to matter.Let's put it this way, these people who make strategies represent the interests of a few people.

Chapter 371 This World Is Too Crazy

 "Why, I asked you for investment."

 For Buffett's question, William White was noncommittal.Of course, he didn't intend to discuss with this old man, so he just raised his glass to invite him to drink.

 "Tsk tsk, today's champagne is really choking.

 Look, champagne is almost out of drink, why is it so strange for someone to look for investment.

 Actually, I don't think Enron is short of money, just look at their luxurious offices and their generous employee benefits.

 Well deserved best employer, Warren, I'm under a lot of pressure. I didn't do anything this year except fight with the guild.It seems that if they don't nail me to the pillar of shame, they will definitely not stop. "

 What William White said was an understatement, and Buffett didn't care.He didn't know, at this moment when cash is king, whoever holds the most money has the greatest say.

 "Hey, I have some bad news for you. Both WorldCom and MIOL plan to get 3G licenses, plus that aggressive Vodafone.

 Don't tell me, William, that you're really going into communications. "

 "Me? If you don't try, how will you know?

 Hey, no, I'm a telecommunications operator, why do you have such a weird question.Let's not mention the Starlink project. I am the largest shareholder of Heung Kong Telecom, don't you know. "

 William White said so, but he was slandering in his heart.Old guy, why are you testing me? Don’t you know how bad the market is.

 Damn it, it would be unlucky for Worldcom and America Online to run into two crazy knives and He Huang's Little Superman.Do you want to blow the air in advance, hehe, I just don’t know if Lao Li will feel pain.

 "Warren, Hutchison raised $150 billion. I don't think the bartender has a chance. As for MOL, this guy hasn't completed the integration. I hope Time Warner can support it."

 "150 billion?" Buffett was dizzy. Once upon a time, those listed companies in Xiangjiang couldn't catch his eyes.It's just that, with more than 100 billion US dollars in cash, who has the right to say nonsense.

 William White couldn't figure it out, the bad luck wasn't limited to the Internet, the entire Nasdaq was in disgrace, how could your WorldCom and MOL be fine.

 The price is cheap, so you can talk about anything, and no one cares about stuttering.If these two families go crazy, no one can bear their anger.

 Well, or there are.For their self-talk, Little Superman will definitely not agree with it. Will this guy who is so proud to the bone be angry at the crown?

 "We're old, Warren. I'm actually at a loss for the Internet now. As for communication, even an insider like me doesn't understand the market today.

 Re-auctioning a license plate is simply a joke. 3G comes once, what about 4G and even 6G in the future?Get a license and be tossed once,

 Alas, this is nothing but robbery. "

 "That's not easy. You can do it in one step. I really don't understand why you don't improve much each time. Is this going to last forever?"

 William White didn't care about Buffett's ridicule.Who doesn't have some bottom-of-the-box stuff, what's so ironic about that.

 Back home, William White was still a little uneasy.Enron, WorldCom, America Online, these have all been on the list, the list of the most unlucky companies.

 "Honey, why so early?"

 "Help me make a cup of ginseng tea, I'm an old fox today, I'm really tired.

 Hey, your father seems to be entering the telecommunications industry too. Our world is so crazy. "

 Li Fu really took a look at this guy, his father had already done this, but it was not as straightforward as what he did.Smecta is too small. If you can't expand your overseas business, you are almost dead.

 In fact, the thinking of the consortium is like this.The more monopoly the business is, the more interesting it is.Compared with the unrealistic Internet, in the eyes of these people, mobile communication is really a good thing.

 Themes are needed to boost the stock price, and we are high-tech stocks here.Need to get a loan from the bank, we have a strong cash flow.Investors either look at the subject matter or at the management level, while banks are much simpler. Your account books only have reference value and have no decisive role at all.In this way, what plays a decisive role is your bank statement.

 The reason why William White's growth path is unimpeded is actually a coincidence.It's not news that he doesn't have a good relationship with Wall Street.But, why are there so many banks accommodating him? To put it bluntly, his business performance is eye-catching enough.Huge cash flow, this is a high-quality customer that any financial institution needs to grab.

 Enron has made so many moths, do you think the bank will not know?

 Just kidding, when this product finally went down, it was those investors who were unlucky, and almost none of the banks were implicated.Think about it, a company with a market capitalization of over [-] billion will collapse at any time, and there is no bank as cannon fodder.

 I have to say, this is a joke at all.A joke made up by the Wall Street collective.

 It's a pity, the pit of An Ran is really too big.In order to fill this hole, the United States alone lost $[-] trillion in market value.

 The capital market has never been short of money, and there will always be crowds of funds.As long as you can create a healthy market, there is no need to worry about the capacity of the market.

 "Boss, we have carefully studied this company. There are indeed many things that are difficult to understand." Filson looked at his boss with a complicated expression. He now believes the rumors from the outside world.William White's greatest ability is his ability to see people.

 Enron, this is the meat and potatoes of Wall Street.

 It’s actually not too difficult to get an organization to help you. As long as you are a stakeholder, it’s nothing to brag about. If you don’t brag, how can you achieve your goals.Now on Wall Street, that kind of TV shopping-style sales promotion is still popular.

 It's crude, but, this thing really works.Especially those so-called junk stocks, if you don't rely on this method, you will be sold to ghosts.

 Some people are bullish, and others are naturally bearish.With long and short sides, institutions can benefit from it.This thing is actually similar to sports betting, it's better to be half and half of you, so that these bloody bastards make money on both ends.

 However, Enron is different.

 A company that has not increased its operating income much, the stock price has increased several times.With such a weird market performance, no organization raised any objections.

 The investment bank gave a buy rating. In the current market environment that is not very prosperous, there is still room for 30% growth.Professional rating agencies are all AAA ratings. William White can't figure out how blind the three major rating agencies in the United States must be to give such a rating.

Chapter 372

 Rating agencies have a very special position in the United States. It can be said that in such a credit society, the ratings of these agencies play a decisive role.

 But right now.

 They seem to have forgotten their responsibilities. They collect umbrellas on rainy days and give them umbrellas on sunny days.

 Hey, if you can't satisfy the greed of these bastards.These bastards can not only close umbrellas, but they may also artificially rain.

 Unfortunately, this time, they seem to have gone too far.

 Everyone knows about the Great Depression in the history of the United States. Some people say that it was caused by overproduction.Others say that this is the reason for trade protection.

 In fact, all of these make sense.But the most important point, but no one said it.

 Do you know why the securities laws in the United States are so harsh?

 This is the so-called evidence presented by the defense.Let's put it this way, any transaction that buys before the announcement of good news is suspected of insider trading.If it seems obvious, it will determine that several of the obvious large-value transactions are insider transactions, and at the same time notify the traders to provide evidence to prove that they have no insider transactions.

 As you can imagine, it is very difficult to prove your innocence.Because it is often difficult to prove that they are not insider trading, the traders who are corrected usually pay fines or go to jail.

 You see, even if William White has the foresight, it is impossible to engage in any short-term.If you don't have basic research in advance, you can't explain the subsequent investment behavior at all.

 If you can't explain it, you will lose money directly.Three times the profit will be fined. If you can't get it out, you can go to jail. Although it is a five-star prison, but, jail is jail, there is nothing to say.

 Seventy years on, Wall Street seems to have forgotten the pain of the Great Depression.

 Hey, the fundamental reason why there was no money in the capital market at that time was that there were too many scammers.

 Performance fraud?

 This is too normal, anyway, this group of guys are easy to deceive, let alone fabricating performance, it is normal to fabricate a company.Back then, there was only one natural rubber company, but it spread all over the world.

 As for insider trading, there is no way to control this thing at all. It is normal to have such a thing, but if it does not, it will be a strange thing.

 It's a pity, the duck's feathers can be plucked, but you can't go too far.It would be nice to be able to keep the ducks from suffering.

 But what about you?

 Kill the duck directly!

 Ever since, there are no retail investors in the capital market.As long as the securities market is mentioned, everyone will be shocked. Tell me, what kind of market is the securities market without ordinary investors.

 "It's hard to understand? Filson, there's too much involved here. If you talk about Enron Online, you don't even need to talk about it. Those idiots screwed up. They don't know how to play Internet finance at all.

 In fact, I'm at a loss right now.Even if I want to build a payment system with full coverage, they actually plan to catch them all. "

 Felson couldn't help laughing, the concept of Internet sales, White Investment is too far ahead.He was a little surprised when he first got the online information about Anran, but after studying it later, he really lost interest.

 Your thing is too nonsense, if this is all right, what is our world mall.In order to shorten the delivery time between banks, he has done a lot here.You can complete this kind of delivery with a new thing that comes out of the cage, it's like a joke.

 "Boss, Enron Online is not worth mentioning. It's more like an ERP system within the company. After investigation, we found that they seem to have encountered some troubles in a project in Ah San recently."

 "Ah San. Calcutta or Mumbai? Forget it, I don't want to know. This investment should be a power plant."

 "Well, yes, it's a big project. Now some people claim that Enron used very unethical means in it."

 "Hahaha, hahaha, I am dying of laughter, I am dying of laughter, there are still such accusations.

 It seems that only the hatred among peers is the hatred of Hong Guoguo.

 They can't move an inch of land without taking money out. "

 "Well, it seems that there is indeed a problem now, and we found that they are trying their best to cover up.

 In this way, this project is nowhere in sight, a large-scale project worth billions, this is the so-called internationalization. "

 William White had a playful face. Apart from expressing admiration for the company that had the guts to cooperate with Ah San, he might just be mocking it.

 "Filson, giving money requires cultural accumulation.

 Relatively junior, or invite to participate in some activities, or sponsor a charity project, even if this situation is known, at most it is a violation.

 But, this method doesn't work in Ah San, their request is rather straightforward.

 Well, take some money out, otherwise this matter will not be discussed. "

 Filson smiled wryly. He seemed to understand now why the boss had no interest in this market at all.The same large population, the same weak foundation, but the big rabbit is much better.At the very least, there is absolutely no problem with taking money to do things.

 However, Ah San's brain circuit is not like this. Benefits are necessary, but help is impossible. If you ask him whether to take money for Mao and not do anything, the answer you get is to shrug your shoulders.Speaking of which, the movement of these guys shrugging their shoulders is still very distinctive.Anyway, the neck is not easy to use, so don't study it, your neck will suffer.

 "Boss, just now, Morgan Stanley gave a buy recommendation with a target price of $130.

 Boss, can we consider shorting a wave? "

 William White closed his eyes. To be honest, he didn't want to touch this trouble at all.If he wanted to be short, he would rather be short of Morgan Stanley.There are too many forces involved in this matter, and the consequences are too serious.He's not even sure that if he really got involved, there would be a second Great Depression in the United States.

 It's so similar, Enron and World Communications directly tore the hypocrisy of Wall Street.All along, you've been duping ordinary investors for idiots, from ratings agencies to accounting firms to investment banks, it's a complete scam.

 Such a sensational scam can be left alone.In such a capital market, you still expect to have any investors. If you don’t clarify the issues of supervision and responsibility, no one will continue to invest.

 The original world was scary enough. If William White expands this kind of damage, the final consequences will inevitably be disastrous.How much money can you earn by shorting? Once this guy declares bankruptcy protection, the game will not continue at all. If the Dow Jones collapses directly, wouldn't he cry without tears.

 "Filson, this matter is too big. Almost all investment banks are involved. The stars of Wall Street are so scary."

Chapter 373 Egg pain is always inevitable

 William White disagreed with Felson's suggestion.Yes, behind the collapse of Enron and Worldcom, hundreds of billions of dollars of interests were involved.But, how much is the loss behind this, the pot of trillions of dollars, he doesn't have such a big head.

 The plane landed slowly at a desert airport in Nevada.William White stood up slowly. He didn't know the reason. He hated flying very much recently. If it was not necessary, it would be better to stay in his hometown in Los Angeles.

 But, there are priorities, and today's matter, he can't do it if he doesn't come.

 "George, the location here is special, if you get a lot of reporters, it will be a bit nondescript, but, the scene should be okay.

 Give you a suggestion. "

 "Well, tell me." After tidying up his suit, little Bush said indifferently.

 "The launch of the satellite was successful, but in fact it didn't achieve the expected results. Well, it's just a matter of meaning. It's okay to check stock information and emails. If you plan to download some movies, this speed may crash you.

 By the way, I forgot to tell you. The 3G network on the ground is actually the same. Theoretically, it is good to listen to the transmission of data. Now this thing is too hot. It’s not good if you don’t mention it. If you talk too much, it will be too much. "

 "Uh, that's not the case. The recent 3G license auction seems to have fetched sky-high prices. The prices in Lion City and Denmark are both close to $20 billion."

 "Hey, your information is outdated. Just now, the London auction has already had its results. The price may vary. John Bull raised a total of 350 billion dollars." William White shrugged indifferently. For him, this price is It is also the same as the existence of astronomical figures.

 Hey, if buddies come up with 4G within a few years, will this group of idiots hold their breath collectively?William White didn't know how much Hutchison spent, and he didn't know how much Vodafone spent, but ah, it would cost 50 billion anyway.

 My God, how many years will it take these idiots to earn back this money.

 "Uh, so much money?" Little Bush looked dull. He really couldn't figure out what was wrong with these guys' heads.

 "That's right, I reckon that license plates for Gallic roosters and Germans will be more expensive. I've already decided to quit. The price is beyond our budget.

 So, let's focus on solar power plants later. The theme of environmental protection is very flattering, and countless environmental protection saints will definitely cheer for you. "

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