Chapter 1093 "Fortune" Is a Joke
Although Enron issued a statement, various evidences showed that Feng Yu did not lie, and neither did the two professors.
Even the two professors said that some Enron executives secretly planned to bribe them, hoping that they would speak out against their conscience, but they sternly refused.
As for the fact that they will serve as financial advisors to Fengyu Holding Group, they never mentioned it.
Enron's stock price fell again and again, and within five minutes of the opening of the market, it could no longer be sold.
At this time, the executives of Enron Company were undoubtedly ashamed, but at the same time there was a magazine office surrounded by many reporters, the leader of which was the people from "Forbes".
"Mr. Malfoy, what is the basis for "Fortune" to select Enron as one of the 100 best employers in the United States? What do you think of such a company with financial fraud and executives collectively manipulating the stock price?"
"Mr. Malfoy, "Fortune" has rated Enron as the most innovative company for many years in a row. Does this innovative spirit refer to their level of innovation in financial fraud?"
"Is "Fortune" magazine, as many people say, serving the rich? As long as other people give you money, you can mislead investors by giving them a high rating."
"Mr. Malfoy, please..."
Malfoy, the editor-in-chief of "Fortune" magazine, was almost annoyed by these reporters. What kind of questions did those reporters ask? We naturally have a selection mechanism for our magazine selection. There have been no problems for so many years. How did I know? , Enron's financial fraud?
Don't those who bought Enron's stock know it?
We can only interview and investigate, evaluate through their published financial statements, and then evaluate their influence, popularity, etc., and give them a rating.
Dare you journalists say, who hasn't heard of Enron?
Some people actually say that we "Fortune" are for the rich, how is this possible, we are for the business people! That is, above the middle class, not the rich class as you said. We evaluate, we must stand in the perspective of a third party to ensure fairness, will we smash our own brand?
The most famous people here are the people from "Forbes". Who doesn't know that you Forbes also want to make a ranking of the world's top 500 companies, but people only recognize us from "Fortune"!
"Editor-in-Chief, some media want us to hold a press conference, what do you think?"
Malfoy waved his hand irritably: "Notify them that a press conference will be held at ten o'clock tomorrow morning, and I will explain this matter. Also, notify the heads of each page, the person in charge of operations, etc., and the meeting will start in ten minutes!"
"Fortune" is a private company. In the previous life, it made it more official than the official one. What "Fortune" is the world's top 500 is the goal of many companies.
But in Feng Yu's view, Fortune's evaluation mechanism at this time has a big problem. It mainly selects from the aspects of market value, influence, popularity, etc., but does not pay much attention to profitability ratio and debt ratio.
The so-called investigation of public word-of-mouth is simply nonsense. There are only a few reporters in "Fortune", and even if they have commissioned any company to conduct a sample survey, the data must be inaccurate.
Feng Yu believes that to evaluate the strength of a company, at least the expected profitability must be taken into consideration. A company with a high debt ratio is one that borrows money to put gold on its face, and it is easy to go wrong.
Just look at the Fortune 500 selected last year. In less than three years, many companies will be merged and many companies will go bankrupt.
A Fortune 500 company,
It took three years to get to this point, can it still be called a strong character?
In just two or three years, a Fortune 500 company can be tossed and bankrupted. Are those corporate executives pigs? Of course not, but the strength of those companies has been magnified.
Many companies are completely empty shells. If there is no IPO financing, I'm afraid it will be a yellow stall. Rely on the stock price to rise, and then support it with bank loans. But those corporate executives didn't lose money. When the stock price rose, their net worth also increased. After cashing out, they could make a lot of money.
As for saying that the company is doomed and the investors have lost money, what are they going to do!
Feng Yu has always felt that I have worked so hard to run the company, why should I let others rank with us?
This is the consistent thinking of the United States, posing as the boss of the world: come, come, all of you, and I will line up for you according to size.
But Feng Yu was very upset, maybe it had something to do with the low rankings of Fengyu Holding Group and Taihua Holding Group, they were both out of the top 100!
If you regard me as the boss, then everything else is easy to say, Feng Yu still has a good impression of people who flatter him. You have so many crappy companies, and you are ranked above me, how can this work!
The "Fortune" incident was also instigated by Feng Yu. He wants people to know that magazines such as Fortune should not be too blindly superstitious, and that data can sometimes be deceiving!
When "Fortune" was doing crisis public relations, Feng Yu was enjoying the game leisurely. He didn't expect that the Rain and Rain team played so well this year, and they actually kept the sixth place in the Western Conference until the end of the season.
More importantly, the opponent happens to be the Trail Blazers, which can be regarded as a narrow road to enemies!
"Strike!" Feng Yu clapped his hands, and Pierce rushed up, dunking is also very good.
"Wow~~" Carter actually staged a windmill dunk during the playoffs, and immediately... got booed. Because this is the home of the Trail Blazers.
Paul Allen looked angrily at Feng Yu on the sidelines. This kid didn't mind coming by himself, but he actually picked a hundred lucky spectators and chartered a flight to Portland.
He completely forgot that he had planned to go to Los Angeles to ridicule Feng Yu with 2,000 spectators, but the result was not so good.
The phone in his pocket rang, Feng Yu stood up and walked into the player tunnel.
"Ralph, what's the matter?"
"Boss, Malfoy, the editor-in-chief of "Fortune" magazine, said that there is nothing wrong with their selection. He said that the reporter was instigated by someone with a heart, and when a reporter asked whether he was referring to you, Malfoy chose to acquiesce."
What, found it? So what, I'm telling the truth.
"Go and speak on my behalf, just say that the selection of "Fortune" magazine is very problematic, otherwise An Ran would also be on the list? Those lists are just a joke!" Feng Yu sneered.
"Boss, do you really want to say that?" Ralph was a little surprised. Didn't this break the face of "Fortune"? Aren't you afraid that "Fortune" magazine will hate you?
"Go." Feng Yu said lightly.
Feng Yu made headlines again, this time Feng Yu openly mocked "Fortune" magazine, threatening that "Fortune" magazine is a joke! The circulation of this issue of "Fortune" fell to a record low.
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