Chapter 320 Winter has arrived and Lao Shi is visiting
March 13th.
New York, Wall Street.
Ankle-deep snow failed to slow down the financial elite.
Financial tycoons such as Buffett and Soros are also in a hurry.
soon.
Everyone entered the Nasdaq auditorium and looked at Old Smith standing on the rostrum.
Regarding the scandal of ‘WorldCom’s fictitious financial statements’.
Initially, Federal Capital did not pay attention to this matter, nor did it realize that European Jewish capital was attacking it.
Because in a capitalist society, no capitalist is clean.
If you closely examine the companies owned by big capital, you will find that the so-called financial statements are no different from a joke.
Even financial statements are independent of corporate operations and are purely for the sake of good-looking data.
Therefore, in the eyes of everyone, WorldCom's fictitious financial statements are used to manipulate the stock market, just like General Motors' oil spill, General Motors' financial fraud, and General Motors' imposition of the largest fine in history.
Therefore, Federal Capital did not restrict the spread of relevant news, nor did it take any preventive measures.
It wasn't until a large number of U.S. stocks were regularly shorted that Wall Street capital realized something was wrong.
At first, Old Smith suspected that Yu Sanyuan had come to steal his leeks again.
However, with the help of big data analysis, it was discovered that the thousands of accounts shorting U.S. stocks have no connection with the thousands of accounts previously shorting rare metals.
And based on the clues, following the "Trader→Securities Company→Trading Account→Funding Source", the worst details were carried out. Various signs indicate that it is European investors who are causing trouble again.
This made Old Smith a little unbelievable.
When I told Lao Bu who was watching the show about the results, he was also confused.
Yu Sanyuan robbed your African market, beat up your African salesmen, and robbed your baggage ships sent to Africa. Why don't you fight with Yu Sanyuan and come to attack our American capital?
Is it because Yu Sanyuan doesn't engage in finance that you have nothing to say?
Or are you old birthday girls hanging themselves because you think North America is easy to mess with?
However, before Lao Bu and Lao Smith could make any move, things developed beyond everyone's expectations.
In other words, the federal capital has not yet evaluated this incident, and the thunder thrown by European capital suddenly exploded.
This Lei is still WorldCom.
In other words, the company is different from the Enron bankruptcy.
Enron is an oil and gas company, and the price of oil and natural gas has always been unstable. Both investors and stockholders are very cautious about investing in Enron. Therefore, even if Enron goes bankrupt, it will only increase bad debts in North America.
The full name of WorldCom is North American World Communications, also called Worldcom.
It is a giant in the telecommunications business field in North America and even the world.
Its annual profit was US$100 billion. In 1997, it acquired North America's second largest telecommunications company MCI for US$37 billion. In 1999, it spent US$129 billion to acquire Sprint, the world's second largest communications company. If Europe and the United States were not worried about its global monopoly and did not approve it, WorldCom would Will become the king in the global telecommunications field.
Since telecommunications and communications are both a ‘stable industry’ and a ‘sustainably profitable industry’, there are almost no factors such as closures and bankruptcies during the development process.
Therefore, many "conservative investment groups" like and trust telecommunications stocks very much.
In particular, WorldCom has been expanding and its revenue has been growing.
This led to North American pension funds, North American state medical insurance funds, etc., all investing their account balances in WorldCom stocks.
At the same time, WorldCom needs funds for expansion, and major banks in North America are also willing to provide loans, including Morgan Stanley, Citibank, Bank of America, etc.
At this time, WorldCom was exposed to the scandal of fabricating financial statements, and its stock price plummeted.
Immediately afterwards, European investors shorted U.S. stocks in batches...
After a series of operations, European investors not only emptied North American pension funds, but also wiped out all state health insurance funds.
But that's not the most important thing.
The most important thing is that North America is deindustrializing and financializing, but it is actually entering the era of "credit economy".
Because in the financial field, whether it is attracting investment, making loans, or issuing stocks or funds, ‘credit’ is needed.
In order to promote the rapid development of the credit economy and obtain huge benefits in this economy, capitalists have used various means.
Such as spreading false news and maliciously manipulating the stock market.
For example, controlling news media, regularly publishing stock analysis, and cutting leeks at a rhythm.
For example, they use American personal heroism to create characters such as financial geniuses, financial tycoons, and overnight riches, and create 'CEO worship', and then promote them to live in villas, drive luxury cars, marry celebrities, etc., thereby stimulating people's enthusiasm for finance. .
In this context, WorldCom was exposed in a scandal, and Arthur Andersen, the world's largest accounting firm involved in the Enron bankruptcy, was exposed, which is equivalent to telling people:
“Accounting firms, related companies, and investment banks colluded together to deceive investors and shareholders into spending money. ’
To put it bluntly:
'Shabi, you analyze financial statements and stock market trends all day long. In fact, they are all fabricated and manipulated by rich people. They use the money you invest and buy stocks to live in villas, drive luxury cars, play celebrities, and show off their wealth everywhere... ·You are a loser, but you live frugally and still want to make a fortune! ’
Heartbreaking?
Not only is it heartbreaking, it will also make you, a speculator who has invested all your wealth in the financial field, fall into despair and even doubt the world.
Therefore, Arthur Andersen, the world's largest accounting firm, has fallen into an unprecedented crisis of trust.
But the operations of European investors are not over yet.
Just today, based on Arthur Andersen's business, they found out that Tyco International, Kmart, Microsoft, General Electric, Adelphia Communications, Imclone Systems, CA, Xerox, Merrill Lynch, etc. were involved in the same financial fraud. The Fortune 500 More than 100 companies in the country.
What concept?
It can be said that this turmoil goes far beyond the Internet bubble and planes crashing into buildings.
At this moment, North American investors generally believe that "playing with stocks" is equivalent to "playing with fire." However, listed companies suspected of financial fraud not only triggered circuit breaker mechanisms in their stocks one after another, but their stock prices plummeted from tens of dollars to a few cents.
Moreover, these news scared away a large number of fund investors, futures investors, and currency investors, causing countless people to sell related financial products and North American bonds.
At the same time, U.S. stocks are facing the most serious bear market in the past 25 years.
If it is not handled well...
Old Smith planned to ask Yu Sanyuan: "Brother, does the trade hall need a CEO? Can you see if I am suitable?"
Of course, this is just a thought.
What Old Smith needs to do now is to strictly investigate financial fraud companies, severely punish those involved, reverse the financial trend in North America as soon as possible, and regain the trust of investors and stockholders.
However, doubts are overwhelming, and fraud is still being exposed one after another.
For example, North American pharmaceutical giant Merck is suspected of falsely reporting profits of US$12.4 billion.
For example, North American pharmaceutical giant Johnson & Johnson deliberately concealed accidents, arbitrarily changed manufacturing processes and ingredients, and produced seriously defective drugs.
For example, Quest, the fourth largest communications operator in North America, is suspected of falsely reporting US$1.4 billion and modifying performance reports, and its real debt has accumulated to US$26.6 billion.
For example, in North America, at least 71 senators (a total of 100) and 359 representatives (a total of 435) have accepted political donations from counterfeit companies and fabricated at least US$6.5 trillion in business for related companies.
Due to various scandals, even if federal capital blocks the media, it is already too late.
At this time, North American investors and stockholders even took out their swords and pointed at the letters above:
'CEOs can't be trusted, accounting firms can't be trusted, stock analysts can't be trusted, stock exchanges can't be trusted, pensions can't be trusted, health insurance can't be trusted, and the George W. Bush administration can't be trusted either. We people in North America can only 'believe in God' '. ’
And at this time.
Not to mention Old Smith, let alone the financial elites, even if God comes, they will be numb.
So there was dead silence in the Nasdaq auditorium.
for a long time.
Paul Walker, a legendary figure under the Smith family consortium and the chief of the Federal Reserve, suggested: "Unless the listed companies not involved in the case can produce very eye-catching scientific research results, or even results that can change the world and can be commercialized, we will This can be used to promote the rise of Nasdaq, give investors and shareholders confidence, and suppress the scandal and complete the rescue. ”
Everyone understands what Walker said.
Everyone understands the truth behind his words.
However, listed companies that are not involved in the case must be ranked outside at least 200 of the Fortune 500 companies.
Let them come up with results that can change the world...
This is probably not as difficult as old Smith resurrecting his son.
However, Old Smith had a move in his heart.
Although he doesn’t know if American companies have similar scientific research results.
But he knew that there was plenty of ternary agriculture. Not to mention other things, only the king of commercialized materials - two-dimensional carbon nanographene, if made public, would be enough to shock the world.
And recently, Tijuana Group and Sanyuan Agriculture jointly established a ‘Shared Scientific Research Institute’. It is said that they are spending trillions to study ‘nuclear waste recycling technology’. There seems to be some clues and directions...
(Yu Yang and David decided to ask the EU for 500 billion euros to realize their respective plans to seize the European market, but there must be a reason for asking for money, such as huge investment in research and development expenses, so they jointly established a scientific research institute.)
If nuclear wastewater, nuclear waste and other recycling technologies are announced, the world may not be entering the "nuclear energy era". If we blow it again, nuclear energy cars, nuclear energy aircraft, nuclear energy freighters... It seems that the Tijuana Shipyard is building nuclear energy freighters.
Old Smith's eyes flickered, and he instantly had a plan.
But almost all of these technologies come from Sanyuan Agriculture. If you want to use them to save the North American financial market, you still need Yu Sanyuan’s nod...
Old Smith immediately conveyed the idea to Old Bu.
After hearing this, the latter thought for a long time, "We can't act together, otherwise Yu Sanyuan will definitely be at the mercy of the two of us."
Old Smith understood that Old Bu wanted him to come forward alone, or in other words, to sacrifice the interests of the Smith family in exchange for Yu Sanyuan's support, "I want New York Securities."
"You're thinking shit."
"Then there's no need to talk."
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"The financial and economic system has collapsed, but our real businesses can still survive. But you, who are engaged in finance, may not be able to survive."
"Oh, do you really think I'm all about finance? In the past three years, with the help of ADM and Sanyuan Agriculture, my wife has supported a large number of food companies, food additive companies, high-performance automobile assembly plants, semi-finished vegetable suppliers, frozen meat Suppliers... I have everything Sanyuan Agriculture has, and I have everything Sanyuan Agriculture doesn’t have, such as North American Ocean Shipping Group.”
"···"
Lao Bu finally understood who was behind those third-series products that entered North America by water.
But now, to save the North American financial economy, old Smith really needs to take action.
Otherwise, the Lao Bu family will definitely be severely slaughtered by Yu Sanyuan and take the opportunity to force North America to relax trade restrictions.
"Mr. Smith, I will convince the shareholders of New York Securities to give you 10% of the equity."
"I want 30%!"
"Up to 20%."
"Deal."
After Old Smith agreed, he immediately ordered a business jet to fly directly to Han Gaixi.
···
International Conference Center.
Yu Yang is entertaining HP President Lu Plett.
The other party has been in Shili Camp for more than half a month, and the two parties have sat together and talked five times.
At the beginning, HP hoped to introduce "three-series network card technology" and entrusted David Ensig to help thread the needle.
But soon, North America banned ‘mobile network card technology’.
Therefore, the content discussed by both parties became OEM.
Yu Yang hopes that HP will invest US$8 billion in the Hangai Electronics Industrial Park to build an Oriental HP assembly plant and purchase electronic devices for the three series industries.
Luplett readily accepted the invitation, but had doubts about the quality and supply of the three-series electronic devices.
Therefore, both parties have successively inspected three series display panels, three series capacitors and resistors, and three series voltage stabilizing transformers...
In fact, Yu Yang most hopes to cooperate with Dell.
First, Dell focuses on high performance and takes a high-end market route, which is in line with its current market positioning of S.Y products - light luxury. If it wins Dell's foundry, it can use its production line to assemble a batch of similar S.Y agricultural mobile notebooks.
As for what is agriculture...
Agriculture 3.0, remote planting, remote breeding, remote viewing and monitoring.
Second, Dell has an advantage in the game field, and Agriculture 3.0 is actually no different from games, and it can just improve the efficiency of Agriculture 3.0 on computers.
But today, Dell is No. 1 in the world.
Not only is he arrogant, he is also very disdainful of Eastern OEMs.
Therefore, we can only attract HP through mobile Internet cards.
"Mr. Yu, if you approve the contents of our negotiation, I think we can carry out all-round OEM cooperation."
"Believe me, the three-series industry will definitely surprise you."
After testing the last batch of electronic originals, Luplett stood up and shook hands with Yu Yang.
The next work is nothing more than signing contracts with three series companies.
As for whether North America will stop this...
Old Smith controls Pioneer, which in turn controls HP through Buffett. HP makes money through Sanyuan Agriculture, which is equivalent to making money for Old Smith.
How could Old Smith disagree.
Suddenly.
Talk about Cao Cao, Cao Cao arrives.
"The boss, Mr. Smith's business jet will arrive at Han Gaixi Airport at 3 a.m."
"Prepare a car and I'll pick it up myself."
Lao Shi's visit this time is not to negotiate, but to bring market to his family.
In other words, in order to save the market, North America will inevitably reduce the intensity of its ban on ternary agriculture.
At this time, the ‘three-series mobile Internet cards’ banned in North America can also be launched in North America.
Then business people need Internet cards, and Internet cards require three-series networks...
When North American farmers accept Agriculture 3.0, the coverage of the three-series network will be wider.
····
other side.
Gothenburg, Sweden.
Wallenberg, the patriarch of the Wallenberg family, had no choice but to attack the North American financial system.
Because he wanted to fight a financial war with Yu Sanyuan, but Sanyuan Agriculture was not listed on the market, and it was not in the financial system.
And he wanted to go head-to-head with Yu Sanyuan and play an African S2 season, but the baggage fleet was robbed, most of the 16,000 professional soldiers were lost, and the rest were all missing. He still doesn't know how to deal with the aftermath.
Therefore, Val could only "encircle Wei and rescue Zhao", making North America feel a huge crisis, and thus forcing Sanyuan Agriculture to suspend its West Africa plan.
Of course, many operations on the North American financial and economic system are like cutting off the tail of a gecko to European capital, and they also suffer heavy losses. It can be said that they injure the enemy eight hundred and lose one thousand to themselves.
Because most of the companies exposed to scandals are European Jewish investments.
Abandon them now, and the total assets of European Jewish investors will shrink by almost a fifth.
Fortunately, European investors were aggressive in U.S. stocks and recovered a lot of losses.
Late afternoon.
Val was thinking about his next move.
North America's financial economy has suffered a heavy blow and it will inevitably negotiate with the EU.
When the time comes, we ask North America to terminate its secret cooperation with Sanyuan Agriculture, and the other side will definitely agree.
And Sanyuan Agriculture has no North American support...
‘It’s still difficult to deal with. ’
Val turned on the video and watched the video of the 'Fat Black Army' forcibly boarding the ship.
Is this a fucking human being?
Who are we fighting?
(End of chapter)