Vol 2 Chapter 628: This broken ship sank

New York, Wall Street.

Gale Capital Corporation.

This morning, Zhuke successfully arrived in New York by private jet "Lola". After getting off the plane, even if he was chased by many reporters, Zhuke completely ignored him and did not accept any form of interview. He took the special car and went directly to Gale Capital. Drive away.

Not long after, Zhu Ke entered Gale Capital.

"Boss!"

"Mr. Wald!"

"Chairman Wald!"

A group of Dafeng Capital executives, headed by CEO Andy Chelop, greeted Zhu Ke together. If this is changed to a Japanese enterprise, it is estimated that it will definitely bend down and bow.

Zhu Ke looked at An Di and said solemnly: "How about it, didn't Kenneth Lay say that a press conference is going to be held? Does it start now?"

"Not yet, but it's coming soon." An Di replied.

really.

When Zhu Ke and his party entered the conference room and turned on the TV to lock the NBC news channel, the press conference of Enron founder and former chairman Kenneth Lay was about to begin.

At this moment, Kenneth Lay himself has not yet appeared on the stage and did not appear on the TV screen.

But the TV has already started broadcasting.

Hundreds of news media and at least more than 200 media reporters gathered throughout the press conference.

Puff~

Suddenly, Zhuke looked at the TV and suddenly became happy.

"Boss, what's the matter?"

An Di asked.

The executives around him also focused their attention on Zhu Ke.

"Nothing, I just thought of a joke."

Zhuke waved his hand and said, "Before I boarded the plane, I received a call from Senator Horta. He told me that the mayor of Houston and the governor of Texas were originally planning to support Kenneth Lay. This old guy insists on participating in this press conference of Enron, but do you know?"

"The leader of the Republican Party and the majority of the elders directly called to warn them both. No, to be precise, it was to ask them not to get involved, so the two of them directly counseled."

The voice fell.

An Di and the others at the scene also laughed very unkindly.

Mayor of Houston?

Governor of Texas?

The two of them once spoke out in support of Enron on many occasions, even saying: "When necessary, the city government and state government will come forward to guarantee and contact Citibank to provide Enron with more than $1 billion in interest-free and low interest rates. loan."

But now?

The two of them are just like jokes in others' mouths!

At least on Wall Street, there are many people talking about this every day.

At this moment, not only Zhu Ke and others are watching Enron's press conference, but also the major investment bank elites on Wall Street are paying great attention.

Not long after... the press conference began.

Kenneth Lay, founder and former chairman of Enron, took the stage.

Immediately, more than 200 media reporters sitting off the court were excited, and they pressed their cameras for the first time.

The sound of clicking is endless.

Kenneth Lay said in a loud voice to a group of media reporters: "I know that Enron has problems now, and it can even be said that Enron has encountered the biggest crisis since its establishment for decades."

"But, please believe in Enron, trust me, I have the ability and responsibility to turn the tide!"

"First of all, Enron's stock price continues to plummet."

The plunge in stock prices is an unavoidable fact. Based on this, it is also a concern of countless people. This represents whether Enron still has the ability to repay, including whether the large number of Enron corporate bonds held by investors can be exchanged.

Once Enron really goes bankrupt, these corporate bonds are likely to become a pile of waste paper.

Waste paper?

Haha, a few months ago, this pile of "waste paper" was worth billions, tens of billions of dollars!

I have to say that many investors have the heart to die.

"As of now, Enron’s current share price is $13.8 per share, which is a drop of $0.6 compared to yesterday. To this day, Enron’s market value is only about $15 billion, which is much lower than the recent peak period. A market value of hundreds of billions of dollars."

"But... Is Enron really worth 15 billion US dollars?"

"Do not!"

"It's definitely not like this!"

"Enron Natural Gas Pipeline Group, Enron Investment Company, Enron Energy Service Company, Enron International Company, Enron Oil and Gas Company, Enron Renewable Energy Company, Enron Capital and Trading Resources Company... These are the subsidiaries of Enron alone , Excluding the influence factors of the stock market and bonds, the equipment, funds on the books, fixed assets, etc. of our Enron subsidiaries will add up to no less than 45 billion U.S. dollars."

"In other words, the overall value of Enron... is far more than the market value shows."

"I believe that even if Enron really can't make it through this hurdle, it goes bankrupt, it goes bankrupt, we still have the ability to repay the property of all bond investors!"

Kenneth Lay's words are absolutely powerful.

Wow~

There was an uproar now.

However, these remarks have indeed stabilized many investors who hold Enron bonds.

however......

The elites of Wall Street investment banks sneered.

Quantum Fund.

Soros, the founder of Quantum Fund, who was watching the live broadcast of the press conference at the moment, couldn't help but sneered: "The fixed assets of Enron's bankruptcy liquidation are not less than 45 billion U.S. dollars. This sounds very reasonable, but why doesn't Kenneth Lay mention it? What about Enron’s debt situation?"

"That's it!"

Vice President Brown Mikael also smiled: "It's all about this time, Kenneth Lay is still very cunning!"

Enron's current liabilities are not less than 40 billion U.S. dollars!

Once Enron is really bankrupt and liquidated, then remove the equipment, funds on the books, fixed assets, etc., Enron really has no more money left, how can it still be able to repay those investors who hold Enron bonds?

Hehe, everything is quibbling!

Sure enough, the media reporters at the press conference were not vegetarians, and somebody directly exposed Kenneth Lay's sophistry.

"When will you still quibble?!"

This is the word of justice.

Goldman Sachs.

At this moment, Duterte Bartles, one of the senior partners of Goldman Sachs Investment Bank, laughed loudly: "Guys, look at this. Is this still Kenneth Lay, who used to claim to be aloof and calm in situations? You guys? Look, what does he look like in panic?!"

Other Goldman Sachs partners also watched jokes.

Vice President Anna said: "He can't calm down at all now."

Xiang Feiqi, one of the partners: "It doesn't mean that he is really not recruited."

In the eyes of the senior executives of Goldman Sachs Investment Bank, Kenneth Lay, who is standing on the podium at the moment, looks like a ugly face.

......

"what?"

"You asked me what I think of the fact that Enron has falsely reported more than $600 million in recent years?"

"I tell you, I don't know it personally, otherwise I will definitely clean up these worms as soon as possible! All of this was done without me!"

Faced with questions from reporters, Kenneth Lay has been denying ~www.wuxiaspot.com~ that he does not admit that he knew or participated in it in advance.

In a word, he does not admit the crime!

And still vehemently denying...

"Hehe~"

Zhu Ke watched Kenneth Lay's performance with interest, and said loudly: "Guys, we watched a wonderful stage play. Now we can be sure, and it's over!"

"An Ran, the broken ship is completely sinking, and there is very little time left."

Hearing this, everyone nodded.

When the last wave of Enron's wealth is harvested, it has officially arrived!

The press conference held by Kenneth Lay did not relieve Enron's current grim situation, but revealed Enron's decline and weakness, which further pushed Enron into the abyss.

"" The third one is sent, there are votes to vote, dear~