Chapter 1541 This Is the Rhythm of Being Tricked to Death.

Don't believe it? Look at the melee in Somalia. Even though all the elites participated in the war, Yingjiang was still beaten in various ways. Think about it, if the weapons and military power of both sides are relatively close, okay, or just surrender.

"Paul Walker? Haha, as expected, even a broken ship has its own nails.

But, you might as well ask Lao Ke to set up a third-party group.

Tsk, Philson, Andersen will definitely be in big trouble this time, and it’s not appropriate for us to express our stance. "After pondering for a while, William White still planned to give this guy something.

"Filson, there is something I must tell you. Although it has not been confirmed, I have reason to believe that it must have happened. Joseph Berardino, he wants to drag people into trouble at this time, which is obviously not very kind. .”

Philson's face was ugly. He understood the meaning of his boss's words very well, but what could he say? If he had any selfish motives, he really didn't have any, but after all, he had cooperated with Arthur Andersen for so many years. Seriously, no one is really spotless.

"boss"

"Okay, I understand." William White waved his hand. "Their troubles this time were so big that I didn't even dare to show my face. Philson, you know, after the incident was exposed, they destroyed thousands of pages of relevant information.

Regarding the Enron issue, at a high-level meeting the year before last, a director raised objections to the company.

Unfortunately, these materials have also been destroyed. Alas, sometimes, destruction is actually the worst. "

Philson was stunned. He never expected that things would run in an uncontrollable direction.

"Boss, it's confirmed. If so, it seems we can speed up."

William White shrugged and said he didn't know. This attracted Paul Volcker, the former boss of the Federal Reserve Bank of America, who must have some ideas.

The Federal Reserve Bank of America has a transcendent status. People who have been the boss of the Federal Reserve Bank of America have rarely heard of re-employment. Money actually means little to such people, especially to such ruthless people who dare to end the gold standard. Banknotes are actually no different from waste paper.

The old guy comes out to support Arthur Andersen, and there is definitely no shortage of games involved behind this. Damn it, if this has great benefits, it doesn't matter if it's soy sauce, but it doesn't have any benefits. Looking at the current situation, it seems to be worse than the original Arthur Andersen.

“I don’t know if you have noticed that the Federal Reserve of the United States keeps cutting interest rates, and relevant bigwigs continue to come out to endorse it. However, both internationally and domestically, there is a lack of confidence in the United States.

This lack of confidence is unreasonable. In terms of current fundamentals, we should be worried about the stock price growing too fast, and should not think about supporting the market.

What is needed now is confidence. So what about the Fed? Unless it is re-legislated, it is simply impossible. "

William White will not say it anymore. After the Great Depression, a group of meat-eaters discovered that something was wrong. The original group of fools were not so easy to deceive. If you cannot give a suitable explanation, whether it is bonds or stocks, you can put it in your crotch. Take your time and play with it.

Humph, only fools buy stocks, and only fools become stock investors. This is simply a stupid investment made by people with intellectual disabilities.

When did you change it, or why did you invest again?

The Securities Investment Act of 1934 was a terrible act at the time. Of course, this is a very good layer of protection for capitalists and institutions, and for ordinary investors.

The situation is obvious now. After all, so many years have passed. What seemed to be flawless at the beginning is now riddled with holes. If you think about it, there is always a group of people trying to take advantage of loopholes. No matter how rigorous you are, you will eventually be eliminated by the times.

But if you think about it, it is easy. How can a bill be so easy? After all, hawk sauce is hawk sauce, and in this regard, it is essentially different from Japan.

It is best not to change things like legal texts frequently. Although some things may look awkward, if they don’t have a particularly big impact, it’s best not to change them. Look at John Bull, how many weird laws there are. Have you seen them changing them all day long?

Um, how weird is that?

I accidentally affixed the Queen's stamps backwards. Do you know what the crime is?

Hehe, I won’t tell you, but it’s enough for target shooting anyway. By the way, don’t let your dog harm the royal family’s dog. This is also a very serious crime.

This one is easy to understand, but I just want to ask. If you really plan to do this, it seems to be quite difficult. At the very least, you need to know where those dogs or animals are.

Eagle sauce and John Bull are cousins. From a genetic point of view, the preferences of the two products should be similar. Perhaps because there is no royal family, there are many strange laws missing, but there are extremely strict procedures for how to legislate.

This is really annoying. Since we can't make laws so quickly, we have to arrest people to fill the hole, and you are too small to fill the hole.

Let's not talk about Enron. The culprit has gone out of business. But here’s the problem. According to relevant laws in the United States, after a company goes bankrupt, the first thing that needs to be compensated is taxes and workers’ wages, followed by arrears from various financial institutions.

Well, what about shareholders?

I'm sorry, one Enron is not enough to compensate. Tens of billions of dollars have been wiped out, and you're talking about losing money?

Okay, I'll just pretend that the court supports your claim, but even if the judgment is made immediately, you won't get the money.

In this case, you must find someone to support you. The first people to be involved in the Enron incident must be Citigroup and Morgan Stanley. These two brothers still donated 500 million each to save the market at the last moment.

It's just a pity that one billion has been wasted, and the money I put in before can't be gotten back. The most important point is that these two are investment banks and institutions, and they are suspected of deliberately inducing investors.

Needless to say, at least $50 billion is missing from the market. This involves not only foreign countries but also domestic ones. Now the situation is very clear. Enron is simply a big hole, and it is impossible to pay for compensation.

So what are you waiting for? With a piece of complaint, Citigroup, Morgan Stanley, Bank of America, and other investment banks with close cooperation have not been left behind.

Hey, I seem to have forgotten something.

By the way, Arthur Andersen is the one who deserves to die, and we must not let him get away easily. Such a notorious accounting company couldn't have been created through fraud, right?

At the very least, it is really inappropriate to continue serving listed companies.

Nani, when Ferson knew the news, he was filled with emotion and at the same time scared. Damn it, I’m just saying this now. If there are rumors, well, most of the time, rumors are just what you think are rumors.

If a piece of news is released and everyone in the world celebrates, then everyone will be happy. If he was scolded so badly, wouldn't he still come out to refute the rumors?

So what, this is fake news!