Chapter 300 Financial Crisis
Listening to Xia Xiu's soft tone, [Sphinx]'s head shook up and down rapidly. At this time, the circles inside its pupils had long disappeared. It turned off [Intellectual Insight] and almost triggered the [Death Shame Mechanism] just now, making it understand that the blond young man in front of it was not someone it could open the box at will.
The man in front of me has a great terror behind him.
A big customer who is judged as untouchable at first glance must be handled carefully and manage the problems of his Riddlemon.
"I understand, I understand." [Sphinx] replied to Xia Xiu with a smile on her face.
[Sphinx] This arrogant and respectful look at the front made Deli feel a little surprised. Facing the more honest Riddle Beast, Xia Xiu directly took out the internal information that Morton gave him from the [Dimensional Pocket]. Files, he spread out these information one by one in front of [Sphinx].
“This is a list of senior executives of a company called Valais Thermoelectricity. I know that [Financial Beast]’s power in the financial field can be doubled, and a lot of financial data can be retrieved from it. Anomalies were analyzed in the data."
The blond young man pointed to the spread out information with a smile, and asked directly to [Sphinx]:
"Who is in this. Is it Mordred? "
My dear, I don’t even want to act anymore, I’m just asking myself directly. Riddlemon said directly in his heart.
Mordred, the most famous betrayer in the Arthurian stories spread in the Twist and Farland areas, entrusted all matters in Camelot to him when King Arthur went to Brittany to capture Lancelot. Mordred, but what King Arthur didn't expect was that Mordred took the opportunity to betray him, usurped Arthur's throne, and took control of the Kingdom of Camelot.
This kind of obvious referential word, anyone who has read a little bit of King Arthur's legend will know what it represents. This is not even a riddle, it is equivalent to directly asking him in the face: Who is the traitor?
Normally, if someone asked the [Sphinx] like this, it would definitely make things difficult for the opponent with a bunch of riddles, but the man in front of me who almost caused himself to trigger the [Death Shame Mechanism] was... I would never dare to offend.
“Let me take a look.”
[Sphinx] simply replied, and then, a ring appeared inside its pupil, which was different from the previous rings. The state of superimposition is completely different.
A single ring quickly rotated inside the [Sphinx], and lines of complex data and information quickly flowed through its brain. Soon, it realized what the other party wanted.
After discovering the information Xia Xiu wanted, [Sphinx]'s pupils returned to normal, but his face showed an abnormally tangled expression. It was currently struggling with what simple and clear riddle to use. Pass the information you know to the other party effortlessly.
"It seems that you have already found the information I want."
Xia Xiu looked at [Sphinx] who was hesitant to speak, and knew who the other party had already found. It is a traitor to Valais Thermoelectric, but due to its own characteristics and the existence of the Financial Law, it cannot be said directly.
“Now that we know who Mordred is, it’s just a matter of permutation and combination.”
Xia Xiu smiled. He naturally had a way to deal with the characteristics of [Sphinx].
Xia Xiu once again took out the financial reports of Valais Thermoelectricity that he had specially asked for from Morton. The next thing to do was to play a digital riddle with [Sphinx] based on these reports. Game over.
Number riddles are also considered riddles. This is a game that uses given numbers and rules to deduce the missing number or the next number. If it is used to deduce the true and false accounts, it is already known. , it doesn’t take long to figure out what’s wrong.
Xia Xiu believes that the traitors of Valais Thermoelectric must have secretly invested a lot of sunk capital in Giovanni. Therefore, he will definitely use corporate funds for personal purposes and illegal purposes, and the financial company The experienced accountants in-house will definitely make beautiful accounts.
Once you invest too much capital in something, no matter whether it is beneficial to you or not, you will no longer be able to get out, because you know that if the principal you sunk does not get a return, it will be quite a big loss. So you keep doing things in vain, and no one wants to admit that what they do is in vain.
"Now, let's guess the riddles one by one based on these numbers." The golden eyes of the blond young man were flowing, and the light of wisdom swam in them.
[Sphinx] actually hates guessing numbers. It has severe riddle syndrome, which causes it to want to ask riddles all the time. However, among the many riddles, only number riddles are the one that it feels the most. The most disgusting kind.
A riddle is an obscure, interesting question or description expressed verbally that requires reasoning, thinking, or interpretation to find the answer.
Riddles are a variety of language games that are cryptic and intellectually challenging. It usually appears in the form of a question and answer, posing a riddle (question) and requiring reasoning and association to find the answer (answer).
The fun of riddles lies in challenging thinking through hints and puns in the text, allowing people to try to think about problems from different perspectives.
The digital riddle is different. It is an alternative existence. Cold numbers are the appearance of truth, while digital riddles are just a vague exploration of the appearance of truth - great but boring.
But today, [Sphinx] suppressed her inner discomfort and started a game about numbers with Xia Xiu.
In the next period of time, the sound of questions and answers from one person and one beast echoed in the secret meeting room of the casino.
An hour later.
[Sphinx] turned into floating light and disappeared in the conference room. Xia Xiu also began to organize the information in his hands. He had found Valais Thermoelectric's 'Mordred', and the other party would also be The bullet he fired at Giovanni.
While the blond young man was sorting out the information, the Adélie Penguin on the side found the right opportunity to ask him:
"Mr. Abraham, can we discuss in detail the [short selling] matter you mentioned before? ?”
As members of [Financial Street], as financiers and traders, they must always maintain a profit-seeking heart.
Faced with Deli's questions, Xia Xiu did not hide his goal.
“John Giovanni, this is what I want you to [short].”
When Xia Xiu mentioned that John Giovanni was a short-selling target, Deli was stunned unconsciously.
The private equity company owned by Giovanni is now thriving.
Short him? It's impossible no matter how you think about it. Unless a major incident occurs that affects the entire [Financial Street], it will be difficult for Giovanni to be [short]. "Giovanni estimates that he will start [investment expansion] in the next period of time. He now has a large amount of surplus assets, so he is bound to open up new markets with these assets." Xia Xiu rubbed his chin and continued slowly, "His expansion is bound to He will buy a large number of foreign stocks, and this is his opportunity to [short] him.”
As a financial street with huge private assets, John Giovanni can be said to be the leader. The whole body is affected by the attack. If there is a thunderstorm in one place on his body, then thunderstorms will occur in his other assets. Giovanni must not make wrong decisions. Once a decision is made wrong, the capital chain maintained by him alone will break, which will inevitably trigger a series of collapse phenomena.
"You are trying to draw thunder for Giovanni, but how can you be sure that he can step on the thunder? How can you ensure that he will act according to your will?" Deli asked his doubts.
Hearing Deli's doubts, Xia Xiu raised the information in his hand and waved it up.
"This is the key. Just wait here. I will give you a piece of information when the time comes. This information is enough for you to convince the board of directors."
"Then I I’m just waiting for your news.”
The cooperation between one person and one penguin was completed to the satisfaction of both parties. After a few simple polite exchanges, the two parties left the conference room. Xia Xiu He declined the other party's lunch invitation and left the casino alone.
Xia Xiu, who had obtained the information, came to an 'Internet cafe'.
Here, you only need to pay 10 [basic assets] to link to the [Financial Street] public [castrated version·Pedigree Network] and experience the fun of the pedigree network.
The Genealogy Network in [Financial Street] is an infinitely castrated version of the Genealogy Network. It can be used by ordinary people, but it is limited to information dissemination and screen display, and does not require the release of any EVE particles. If it can be used, a genealogy network can easily cover a city. If it is completely released, Terra's human society will enter an era of more convenient and smooth communication.
If it can spread in the human world, then human society will inevitably be pushed forward again.
However, the above content only sounds good. This kind of lineage network does not have the life of the lineage, but it has the disease of the lineage network. This kind of network is infected with the Meme virus and is infected by the [Ether Ocean] 】The probability of distortion is hundreds of times higher than that of the genealogy network.
If someone is accidentally infected with a virus, basically all the humans connected to the network will have to send it.
Therefore, there are so few people who come to Internet cafes to surf the Internet.
Xia Xiu quickly opened an outlet, and then went to the outlet to connect to the genealogy network. He then sent the traitor information he obtained to Morton via public mail through the genealogy network.
He sent most of the traitor information to Morton, leaving only one piece of traitor information in his hand. This traitor information was very critical.
——[Valais Thermoelectricity Director: Hayden Frederick]——
Valais Thermoelectric's shareholding: 13.35%
Giovanni's private corporate shareholdings: 120 million [basic assets]/80 million [extraordinary assets]
Lon's shareholdings : 110 million [extraordinary assets]
Other holdings:·····
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Xia Xiu was very interested in this director. As for the reason for his interest, it was not because he was the insider of Valais Thermoelectric, but because of the other party's shareholding, especially Longen Company.
Lon Corporation, a company that will be very famous in the future because it is related to a wide-ranging and complex financial scandal.
This scandal involves many aspects including senior management of Lon Company, accounting firms and investment banks.
[Lon Company Securities Fraud Case], one of the biggest scandals in Edici business history, this is a case involving fraud, bankruptcy, and political scandal, which has led to the destruction of many people's wealth and lives .
Lon Company was founded in 1585. It was originally an extraordinary asset company with [natural gas series thaumaturgy] and [electricity thaumaturgy] as its main business. Over time, Longen has grown rapidly, becoming one of the leaders in the Edici trading market and gaining a high reputation in [Financial Street].
However, in fact, in the process of controlling the company's operations, the senior managers of Long En Company used a series of false and illegal behaviors to disguise the company's financial status in order to seek personal gain. They conspired with the accounting firm Enron to use sophisticated accounting techniques to conceal the company's huge debts and losses while creating false revenues and profits.
Lon Company created special purpose entities (SPEs) and transferred a large amount of debt to these entities, allowing the company to show a lower debt level on its financial statements. These entities are obscured in financial statements, making it difficult for investors to discover what is actually going on. Longen Company also further concealed its true financial status by cooperating with other companies to conduct mutual transactions and financial transactions.
In order to maintain the stability of the company's stock price and the trust of investors, Longen's top management also adopted a series of incentive measures, such as high salary awards, stock options and bonuses, to encourage employees to actively participate in fraudulent activities , and keep the company's stock price rising.
However, this fraud was eventually exposed.
Next year, a whistleblower within Lon will bring the company's financial scandal to the public.
Subsequently, the media and regulators would begin to investigate the issue and uncover substantial evidence that Lon's financial statements contained materially untrue and misleading statements.
This led to a sharp decline in investors' trust in Long En Company, causing the company's stock price to plummet rapidly.
Due to the exposure of financial scandals, Longen Company finally filed for bankruptcy protection in December 1691.
This bankruptcy case is one of the largest corporate bankruptcies in the history of [Financial Street].
The [Securities Fraud Case] of Long En Company shocked the entire [Financial Street], causing twelve [Financial Behemoths] to launch internal governance of [Financial Street].
In this financial turmoil, countless [Financial Beasts] were swallowed up by twelve [Financial Behemoths]. Any existence that endangers the operation of [Financial Street] will be severely crushed by the iron fist of Edici's sanctions.
The blond young man looked at Hayden Frederick's information, his eyes shining with a special luster.
Yes, Xia Xiu plans to personally detonate this financial crisis, make this shock become more rapid, and let John Giovanni drown in this storm.
(End of this chapter)