Reborn Capital Empire

Chapter 234 Strength Showdown

…

Moreover, in order to deal with the possible judicial lawsuits that threatened his property after Enron's collapse, he used 'trust', 'insurance' and other financial management methods to isolate his assets early. Therefore, in the face of threats, he is more calm than anyone present.

“According to reports provided by the Information Department, Pan Pacific Energy Group has recently been acquiring electric and natural gas utilities in the western states of the United States. This acquisition activity, while making Pan Pacific Energy Group’s assets larger, has also increased their It just so happens that we, Enron, are the largest energy transaction broker in the United States, controlling 20% ​​of the energy trade in the U.S. electricity and natural gas sector. We are an upstream company of the Pan Pacific Energy Group. Therefore, as long as we continue to increase our prices, we can More losses to the pan-Pacific energy downstream."

"...To put it more vividly, the current Pan Pacific Group, or Bruce Guo, is a big tank that doesn't know how much water it holds. We just cut a hole in the outer wall of the large tank to allow the water inside to flow. Faster people. We have to do our best to chisel bigger holes, and Bruce Guo has to make sure that there is enough water in the tank. This is a contest between our two sides, the winner eats everything, and the loser is out."

“…So, we’re going to stick to two things: One, use all of Enron’s energy to help Pan Pacific acquire more utilities and continue to increase their financial burden. Two, keep California’s energy crisis going. Now we’re 95% The profits come from energy trade. The bigger Bruce Guo's Pan Pacific Energy Group is, the more Enron has a huge customer with stable returns, which will continue to bring us high profits. Moreover, Bruce Guo's Mergers and acquisitions avoided the widespread bankruptcy of public utilities caused by the California energy crisis, and reduced the pressure on us from the Federal Energy Regulatory Commission. Therefore, the strength of Bruce Guo is not necessarily a bad thing. Of course, the premise is to ensure that in this duel , we must be the final winner!"

His words caused the atmosphere in the conference room to fall into silent thought. After a while, Geoffrey Jilin said unwillingly: "Is there no other better way?"

Andrew Fastow shook his head.

"Now that Bruce Guo's energy is big enough, some unreliable means have little effect on him. Only with strong strength and enough connections can it be possible to defeat such an enemy. Fortunately, we have a bigger share in this regard. So we should use this advantage more fully. With the help of Goldman Sachs, Morgan, Citi, First Boston, we can help us defeat our opponents.”

Jeffrey Gilling nodded, and after thinking about it seriously, his eyes slowly swept across the faces of the others present. But including his most trusted Cliff Baxter and Lou Pei, they carefully avoided his earnest eyes. As for those guys who had always been opposed to their successor Enron CEO, their faces showed a gloating look without any scruples.

Knowing that it was impossible to get any more useful news, Jeffrey Gilling felt sullen for a while, and simply waved his hand to announce the end of the meeting.

When he came out of the conference room, secretary Christina hurriedly greeted him.

"Boss, Mr. Bahrain has been waiting in your office for half an hour!"

Jeffrey Baring frowned, "Got it, go meet him!"

Although he didn't like this arrogant and proud son of a run-down nobleman, there were indeed a lot of 'ghost ideas' from the other side. A lot of them played a big role against Bruce Guo. Therefore, in the current situation of Enron's difficulties, he also wanted to ask the other party if there is a better way to deal with Bruce Guo and his industry more strongly.

In fact, instead of bringing him a solution to his problem, Oliver Baring added to the irritability in Geoffrey Gilling's heart.

"Mr. Jilin, Enron's stock price has fallen by $5.9, we must reverse this!"

They simply shook hands, and after the two sat down, Oliver Balin couldn't wait to speak.

The Bahrain Asset Management company he manages has bought 5.8 million shares of Enron common stock at an average price of $55 over the past three months. Moreover, after the price reached the $70 price agreed with Goldman Sachs and other financial institutions, they did not take the opportunity to realize the cash, but thought that they were familiar with Enron executives such as Jeffrey Jilin and could obtain the first-hand internal information of Enron. First grasp the news of its market changes to obtain high profits, and have been holding it until now.

Originally, Oliver Baring's plan was to wait until Enron's share price crossed $80, and then take off his gloves and leave the market. But I never thought that Enron's stock price actually turned down when it was nearly 3 dollars away from 80 dollars. And all of a sudden it lost nearly $6 per share.

Seeing that the loss of 350 million US dollars was born on himself, Oliver Baring naturally lost the calmness when the stock price rose before.

Rolling around in the mall for decades, the seasoned old fritter Jeffrey Baring naturally saw through Oliver Baring's falsehood at a glance, and also guessed the reason for his anxiety now. Despite his disdain for the guy's unstable mentality, Geoffrey Baring knew that the British man had to be stabilized now. Otherwise, if the 5800,000 ordinary shares of Enron he held are sold, it will undoubtedly cause an avalanche of Enron's stock price. At that time, he will try his best to win over Goldman Sachs and Morgan, and the re-stabilized Enron will really be over.

"Oliver, you and I both know it. Enron's current predicament is not caused by operating errors. In fact, we are making huge profits from the California energy crisis. Therefore, to continue to raise Enron's share price, the core problem is Crack down on Bruce Kwok who is making a massive short against Enron! Your advice is very effective in this regard, and we should continue."

Apparently, the seasoned Geoffrey Gilling changed the subject after sensing Oliver Baring's sway over the 'continuing of Enron's stake'.

However, Oliver Bahrain, who has a noble background, has been rigorously cultivated since childhood, and has some operational experience in the financial market, also noticed something strange in the report disclosed by LinkedIn News. Enron doesn't seem to be as safe, stable and powerful as he thought before!

"Mr. Jilin, can I see Enron's quarterly report?"

"You are also a major shareholder of Enron now, and you naturally have the right to view Enron's financial statements and balance sheets!" Geoffrey Jilin nodded his eyes with a gleam of light.

The reason why Enron has been brilliant to the present is that in addition to the pricing and risk management technologies she developed in energy derivatives and bonds, which laid the foundation for it to dominate the US energy trading market, the financial turmoil, It is also one of the reasons for its success. This is a set of financial systems developed by Enron CEO Andrew Fastow, which successfully covered up Enron's losses with financial entities one by one, balanced Enron's assets and liabilities, and with the help of Wall Street, increased Enron's market value Pulled up to an astonishing position of 8oo billion US dollars.

Except for a few people from Enron, such as Andrew Fastow, even many financial elites on Wall Street could not understand this financial system. Because, this is a huge financial list involving Enron's 3ooo entities. Within a few months, none of the big five law firms could figure it out, let alone Oliver Baring.

So Geoffrey Gilling graciously agreed to his request for access to Enron's financial documents and balance sheet. Of course, there are off-balance sheet liabilities larger than on-balance sheet losses that Oliver Baring certainly won't see.

…

"Mendieta shot. Oh god, why didn't it go in again!"

After seeing Mendieta's shot missed the post on the TV, Al Bevin hugged his head in annoyance.

Beside him, Olivia and the old Bevin also showed pity on their faces after Mendieta missed the opportunity to score. But they weren't as obvious as Al Bevan had suggested.

In contrast, Guo Shouyun and Molly Bevin, who were sitting on the same sand watching the 2ooo~2oo1 UEFA Champions League final, were much calmer~www.wuxiaspot.com~ Darling, eat fruit! "

Guo Shouyun diligently peeled and diced the apple, and handed it to his lover with a fork.

"thanks!"

Molly Bevan, who reached out to take it, has a happy look on her pretty face that has become a little rounder. Now that she is six months pregnant, the appearance of a pregnant woman on her body is already obvious, especially her belly is bulging like a ball, and the whole person looks clumsy, and the maternity radiance on her body is also stronger.

As for Guo Shouyun himself, it has been a week since he flew from San Francisco to Essect. Although Pan-Pacific’s predicament continues, the California energy crisis still has no end in sight, and even Enron’s blows are coming to his companies one after another, Guo Shouyun still chooses to stay with Molly Bevin around. Having no family in his two lifetimes, he cherishes this hard-won opportunity to be a father. In contrast, in the dilemma of his career, as long as it is not a last resort, he will not come forward in person.

Of course, even in Exeter, with the current level of communication convenience, he can still remotely control all his industries.

"The extra time is over, and the two sides are still tied."

This is the voice of Al Bevan.

"It seems that Valencia may still win the Champions League this year by defeating Bayern Munich." Olivia said.

"They've been in the Champions League final for two years, and I don't believe God has the heart to continue letting them go home empty-handed."

It was old Bevin's voice. Obviously, between the Germans and the Spaniards, there was no match between the British and the Greeks, who chose to support the underdog.

However, Guo Shouyun, who knew the historical process, understood that they were destined to be disappointed. Valencia ZTE's most representative two Champions League finals, all regrettably missed the gold medal.

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