Chapter 630: Inventory of Income

a few days later.

New York Wall Street, Gale Capital Corporation.

At this moment, in the huge conference room, the senior management and partners of Dafeng Capital gathered together, and the total number of participants exceeded 32.

That's right!

Just yesterday, another three outstanding employees became one of the partners of Dafeng Capital with impressive performance.

Of course, even so, Zu Ke is still the absolute majority shareholder and the largest shareholder, with a personal shareholding of more than 70%.

Zucker looked around the crowd and said loudly, "Ms. Claire, now it's up to you to announce the results to everyone."

When the voice fell, everyone in the audience immediately focused on Ms. Claire, chief data analyst of Dafeng Capital.

Ms. Claire is not a beautiful woman, on the contrary, she is a little fat, and she is in her 40s.

But the people of Dafeng Capital, including the elites of Wall Street, no one will underestimate her!

No one dared to despise her!

Because she was able to get to where she is today because of her strong personal ability.

"Claire, hurry up, we can't wait~"

An impatient executive spoke up.

"That's right~"

Tortasos, who is also an executive, also followed up and said: "We have all been waiting. It has been more than 7 months before and after the layout of Enron, and we are extremely eager to know the final result."

Even if the others didn't speak, they couldn't hide the smiles on their faces.

How can the company make money without their share?

"Cough cough~"

Zhu Ke cleared his throat, pointed at the crowd and said with a smile: "Guys, I know that everyone is very excited and can't bear it. In fact, I am also the same, but can you wait a few more seconds?"

"Good good~"

Hearing this, everyone quickly nodded in agreement.

The atmosphere of today's meeting was relatively pleasant, and everyone present was quite relaxed, so Zhu Ke did not criticize him too much.

they are excited,

Why is it not, classmate Zhu Ke?

The chief data analyst, Ms. Claire, got up and said, "Everyone, from the end of April and early May this year, we began to deploy Enron. After more than seven months, the total investment was as high as 3 billion US dollars."

"During this period of time, we have targeted Enron, the major subsidiaries of Enron."

"Including businesses with debts to Enron..."

"The Duke Group, Milent Corporation, Dinoki and other companies all have related party transactions and debt transactions with Enron, and they are also our targets."

"Ultimately, excluding the $3 billion principal surprise during this period, we made a total profit of $2.6 billion, a profit ratio of 86.7%."

The results are in.

The people in the entire conference room suddenly burst into huge applause, shouts, and cheers.

"Amazing~"

"God will be jealous of our earnings too!"

"The earnings ratio is almost as high as 1:1. I believe that even the top five investment banks on Wall Street can only catch up with this performance."

"We made a profit of 2.6 billion U.S. dollars in the layout of Enron. If we count the 'Japan Ehime' incident at the beginning of the year, we made a profit of 1.3 billion U.S. dollars a day, and after the 9/11 incident, we made a long-term profit from military stocks and grain and oil futures.... .."

"My God, our revenue for the entire year this year is definitely over $6 billion!"

The brilliant victory made everyone present stunned.

CEO Andy Chelop also clenched his fists and said, resisting the excitement in his heart: "I don't know what the profits of the five major investment banks will be this year, but I'm sure that even if they make more money than us, they will Absolutely nowhere to go?!"

Everyone nodded in unison.

Over $6 billion in profit for a full year...

This is Gale Capital!

If this is said, who would dare to believe it?

After all, looking at the entire Wall Street, there are investment banks that are stronger than Dafeng Capital, but how many of them are there in this performance? !

For a while, it boils again now.

"Be quiet~"

After the crowd clamored for a while, Zhu Ke stood up in time and pressed his hand, saying: "Guys, don't get carried away. Don't forget, the total assets under management of our Gale Capital are only worth more than 10 billion US dollars. Among the major investment banks in the world, we are ranked in the top 80 at most.”

Everyone nodded calmly.

Isn't it?

Not to mention the five major investment banks such as Goldman Sachs, Merrill Lynch, and Lehman Brothers, even if it is the next-level Chicago consortium and Los Angeles consortium, which one of them manages less than $100 billion in assets?

And, this is only now!

In the future, Goldman Sachs, the world's largest investment bank, will manage more than $10 trillion in assets!

"What is the total asset scale of tens of billions of dollars?"

"What does $6 billion in revenue a year count?"

"Our goal for a period of time in the future is to develop Dafeng Capital into a large investment bank with assets under management of more than 50 billion US dollars! Europe, Asia, Australia and other regions and countries in the world should also have traces of our Dafeng Capital."

Zucker is like an arrogant person who is frantically describing an unrealistic future.

but!

Everyone present counted as one. They didn't think it was "unrealistic", and even deeply agreed with the goal set by Zucker.

In the future, Gale Capital will manage more than $50 billion in assets, shouldn't it?

......

In the Enron bankruptcy, Zucker's Gale Capital made crazy money.

The major investment banks on Wall Street, including overseas capital consortia, have also made a lot of money, and even in this feast of carve-up, their actions are much more ruthless than that of Zucker~

Since some people gain, others lose a lot.

Enron is a billion-dollar company, and its collapse became the second-largest bankruptcy in U.S. history.

At the same time, those investors, especially ordinary investors who still hold a lot of Enron stock, will undoubtedly lose the most. According to the federal law of the United States, after the enterprise files for bankruptcy protection, the assets of the enterprise will give priority to paying taxes, repaying bank loans, and paying employees salaries...

A company that is already worthless, after such a toss, the investors will definitely lose all their money.

The only thing investors can do to recover their losses is to file a lawsuit.

But what if you win the case?

Enron has gone bankrupt, and even if they recover some of the funds, they can't make up for their losses. These people are undoubtedly the bones of the capital war...

Affected by this incident, there are also Enron's trading partners and those large financial consortia.

According to statistics: In the Enron bankruptcy case, Duke Group lost 100 million US dollars, Milent lost 80 million US dollars, and Dinokey lost 75 million US dollars; among the consortiums, J. P Morgan and Citibank. only J. P Morgan's unsecured loan to Enron was as high as $1 billion;

Citigroup's losses were roughly the same.

In addition, Enron's creditors also include Deutsche Bank, Great Celestial Bank, Japanese banks, etc., their combined losses are more than 10 billion US dollars.

the next day.

When Zucker woke up from the hotel room and turned on the TV, he saw the news of Enron again.

Enron's current CFO (Chief Financial Officer) Andrew Fastow has been taken away by federal authorities for investigation, including executives from Enron's head office and major subsidiaries, and as many as 235 people have been summoned for investigation.

Is there more than 235 people?

Not much!

You must know that Enron, as an energy giant with a market value of nearly 100 billion US dollars, has as many as 3,000 subsidiaries around the world. At present, more than 235 people have been summoned, but it is just foreplay.

In the next 1 to 3 months, or even longer, at least more than 800 people will be investigated.

Of course, the number of Enron executives who are restricted from leaving the country is definitely not in the minority.

Enron founder and former chairman: Kenneth Lay;

Enron's former CEO (CEO): Jeffrey Skilling;

These two are the focus of the investigation!

However, in the short term, the outcome of the trial will not come out.

Kenneth Lay has been strenuously denying and waging protracted battles with the federal government and courts throughout the original space-time history, and he did not plead guilty until 2004.

Even so, Enron's bondholders were unable to recover their losses.

Since 2000, Kenneth Lay has spent $4 million to purchase various types of annuity insurance. Since 2007, Kenneth Lay and his wife can receive about $900,000 in annuities paid by the insurance company every year;

The most extreme is...

In the United States, most states stipulate the payment of life insurance premiums and annuities, which are protected by law, so even if the Kenneth Lays declare bankruptcy, creditors have no right to claim the huge annuity to cover their debts.

"People who know the law, can't afford to offend~"

In 2006, Kenneth Lay was sentenced to 175 years in prison, but a few weeks before he was about to enter prison, he suffered a heart attack and died at home.

"I would rather die than go to jail!"

Kenneth Lay has successfully implemented his obsession, he will not die in prison.

......

Enron's former CEO (CEO): Jeffrey Skilling.

In the future, he will also be sentenced to 24 years and 4 months in prison and face a fine of more than 183 million US dollars.

However, this guy was actually released after only 13 years in prison.

......

Click.

Zucker turned off the TV.

"The Enron incident is basically over. The several years of litigation in the later period have nothing to do with me, but the WorldCom bankruptcy case in 2002 was known as the third largest bankruptcy case in the United States, and I had to start planning."

" "The second is sent.