After all, the overall situation must be taken into consideration.

After hearing this, Kenneth Ray nodded with difficulty: "I'll try my best."

Then Franka Wisner frowned again and asked: "Do you know who is behind this matter? I always feel that everything is too coincidental. I'm afraid the truth is not that simple."

Speaking of this matter, Kenneth Ray also gritted his teeth with hatred and said without hesitation: "It's those vampires on Wall Street in New York, and they are inseparable from Epstein!"

The general election is coming soon, and because of the Zippergate incident, the struggle between the two major political parties in the United States has become increasingly fierce.

So Kenneth Ray naturally has reason to suspect that Epstein was behind it. First of all, the vampires on Wall Street can definitely do this. As long as they can make money, there is nothing they dare not do.

Secondly, Epstein has an irreconcilable relationship with the current President of the United States. He is a member of a rival party. The two sides dislike each other and cannot urinate in the same pot.

After hearing this, Franka Wisner couldn't help but reprimanded and said: "Epstein, this bastard, is still so unscrupulous in what he does. Forget it, we have been caught in pain now, let's keep a low profile for a while. Wait."

After the new general election, there will be plenty of opportunities to settle scores."

Kenneth Ray nodded helplessly. No matter how unhappy he felt, he had no choice but to endure it for now.

In just a few weeks, the once huge business empire collapsed.

The U.S. stock market, which was already plummeting, suddenly fell even more miserably. Especially those small and medium-sized investors who held Enron stocks and purchased Enron bonds lost all their money.

However, the strange thing is that a large number of media and newspapers did not mention the reasons behind Enron's bankruptcy. Instead, they deliberately guided public opinion and the public's attention, so that even those investors who lost money thought they were unlucky and thought Enron was

The company is simply poorly run.

Looking at the news in the newspaper, Li Yiwen, who knew the inside story and the truth, felt unbelievable: "What about the promised freedom of the press? Did the reporters who wrote these articles really not get paid?"

As a typical enterprise that combines "capital" and "power", the rise and fall of Enron can almost be said to be a consistent manifestation of the operating model in Europe and the United States for hundreds of years.

And looking back, this incident was iconic and was the forerunner of the subsequent subprime mortgage crisis in 2008.

With such a huge asset scale, the actual bankruptcy process only took a few weeks, and it collapsed at a speed that was too fast for people to react.

What’s interesting about the ending is that all the losers were small and medium-sized investors, while a large number of company executives and big shots behind the scenes successfully escaped unscathed.

The best part is, no one is responsible!

Lu Yiming has already seen this kind of thing very clearly, so his tone is quite disdainful: "The media is just the mouthpiece of the powerful, and public opinion is strictly controlled everywhere."

Li Yiwen's mouth was full of disgust: "Thanks to these white-skinned people who have the nerve to brag about their freedom of speech all day long, I think their freedom is a hammer."

Before deciding to take action, Lu Yiming and Li Yiwen had already secretly investigated Enron Company, so they naturally knew how many inside stories and ulterior truths were hidden in it.

The bankruptcy of Enron Company actually laid the root of the disaster at the beginning of its establishment.

In 1993, during the Bush administration, Enron's financial director Thomas Kelly forced Kuwait to give Enron an order to rebuild the Shuaib Power Plant, even though Enron's price quote at the time was much higher than that of other suppliers.

In 1998, Enron used Bush Sr. to persuade George W. Bush, then governor of Texas, to award a contract to build a natural gas pipeline in Argentina to Enron through official pressure.

In return, a close friend of the Bush family became the president of this project. Also acquired using the same method were the third brother's power plant, energy projects in Indonesia, Maozi's natural gas pipeline to Europe, etc.

In return, Enron always gave blood to the politicians they supported and spent a lot of money on political elections.

In order to promote the policies of the ruling party, Enron spent a large amount of money on public opinion building. It established funds for non-governmental organizations and injected capital into various associations and think tanks related to government policies.

Of course, these are not accounts that can be written on the open side. Accounts must be done through the small companies under the subsidiaries. The operating method is to transfer the losses to the accounts of the small companies that are actually controlled through the dazzling subsidiary accounts, and then transfer the small companies to the accounts.

The company's profits were transferred to Enron's name.

They defrauded their credit ratings by making false accounts, and then obtained low-interest loans from banks and went to the stock market to make money.

In this way, since the 1990s, Enron has been funneling funds to political figures in the United Kingdom and the United States.

Over time, Enron's false accounts and bad debts increased. The company's performance statements were all false, and the loopholes in the financial system became increasingly difficult to cover up.

Now that the fig leaf has been torn off, what awaits Enron is naturally a break in the capital chain, a decline in credit rating leading to early maturity of debt, a drop in stock prices, a shrinking of assets, and the rapid collapse of the entire group.

What is strange is that Enron's carefully planned, institutionalized, and systematic financial fraud that lasted for many years did not arouse great public opinion and judicial consequences after it was exposed until it went bankrupt.

A large number of senior executives retreated, and investors paid the price and considered themselves unlucky. If there was no force behind this incident to resolve it, even dogs would not believe it.

This is the law of operation of the capitalist world. Capital has been controlling politics and ordinary people, taking away a lot of wealth from ordinary people in a way that they cannot understand at all.

Li Yiwen dropped the newspaper and sighed: "With such a bunch of bastards on the street, how can the United States survive?"

Lu Yiming smiled and said: "A skinny camel is bigger than a horse. With the foundation of the lighthouse country, it is still enough for them to work hard for decades. And if they don't work hard, how will we have the chance to make a fortune?"

This time, by shorting Enron, Saltwater Fund made an astonishing profit of more than 1.7 billion US dollars in just a few weeks, shocking the entire Wall Street.

But not many people knew that Lu Yiming was able to get a total of US$500 million from it.

Even Li Yiwen said sincerely: "Indeed, the profits made in this wave are equal to the total income of dozens of Internet companies we shorted U.S. stocks."

Under Lu Yiming's instructions, Ian Ball desperately shorted Enron. Behind the scenes, Epstein, Bill Gates and others continued to mobilize their forces and use the propaganda media in their hands to expose Enron's problems.

And every time a new problem came to light, Ian Ball would always coincidentally increase his short position in advance. Finally, after Enron went bankrupt, he bought back Enron stock at a negligible price to close the position, and Saltwater Fund took advantage of it.

Making huge profits, Ian Ball also became famous again by shorting Enron stock.

Now, Wall Street fund managers have even given him a resounding nickname - the undertaker of U.S. stocks!

After all, he was the ruthless person who kicked An Ran into the grave.

Also buried in the ground by Ian Ball were many previously popular Internet companies.

Nowadays, Ian Ball is quite famous.
Chapter completed!