Extraordinary Genius

After Feng Yu's cartoon was released, Nasdaq's stock dropped faster, and many people were wondering which Blue Stock Company Feng Yu was talking about.

At this time, the executives of Enron began to panic. No one else knew which company Feng Yu was talking about, but they knew exactly what it was.

These executives, through the company's internal information, make crazy profits by speculating about their company's stocks. Even some executives are willing to borrow to scramble stocks because they make too much money.

Enron's CFO also secretly set up an investment company with friends, using hundreds of millions of dollars raised to speculate on Enron's shares, which are steadily making no money anyway.

Investors who don't know how to buy Enron stock are going to pay for these mistakes.

At this time, they are still fortunate that the matter of Enron Company will not be discovered. So many people have not discovered it, how can Feng Yu discover it?

They are Enron, but the most innovative company selected by Fortune magazine for several consecutive years. This year, they have been named the 100 best employers in the United States. Look at the luxurious offices that the company has renovated.

Under these beautiful exterior packages, who knows if our company has financial problems? Fortune magazine doesn't even know. How could Feng Woo know?

He must be talking about either us or Microsoft. After all, Feng Yu is Microsoft's former director and shareholder. If Feng Yu hadn't discovered Microsoft's financial fraud, how could he have been kicked out of the board?

Well, that's for sure!

……

The reporters couldn't interview Feng Yu, so Jack Ling moved and called again to make an appointment, wanting to get an exclusive interview, even if it was just a phone interview.

To his surprise, Feng Yu actually said yes!

The television station immediately began to publicize the matter and said that the recording of the interview would be broadcast immediately after the interview. At the same time, he started selling reproduction rights to major media outlets to make a profit.

“Mr. Feng, this is Jack. Remember me? ”

“Of course I do. Not long after the last interview, is it?” Feng Yu smiled.

“It's an honor to be remembered by one of the world's finest millionaires, one of the most talented investors. Mr. Feng, today's interview, mainly to ask, you said there was a financial fraud in Blue Chip stock, right? ”

Jack screamed inside. Come in. Yes, come in.

“Exactly. ”

Jack held on to the excitement and continued, “So may I ask, which company is it? ”

“Sure, it's Enron.” Feng Yu replied.

He has ordered a short sale of Enron's shares, and it is in his interest that Enron's shares now fall. And a sharp fall in the price of shares can cause investors to have mistrust about the entire US stock market. Blue chip shares are experiencing such problems, let alone other companies.

Once a crisis of confidence occurs, it will not be easy to resolve.

The top of the TV station on the other side of the phone is stupid. Which company? Enron Corporation? How is that possible?

Yesterday, Enron executives also announced that Enron's share price would double, which would bring strong returns to investors. Why did Feng Yu say today that Enron is the financial counterfeit company?

“Mr. Feng, do you have any proof of that?” Jack's voice was all a little trembling.

“Do any of you know anything about finance? So do you know Benford's specific laws? In other words, the data obtained from a whole bunch of real life, the probability of the number starting with 1 is about 30 percent, the probability of the number starting with 2 is about 17: 6, the probability of the number starting with 3 is about 12: 5... and the financial data released by Enron clearly does not comply with this law, so their financial data must be false! ”

Jack and the executives of the other TV stations looked at each other and looked at each other with a pussy. What's Feng talking about? Benford's specific laws? They have no idea what the probability is.

He was also wise to call the chief financial officer of the television station to explain whether this Benefit specific law is reliable or not. Don't let them report it, but it turns into a joke, and then you'll have to bear Enron's anger!

“Well, I have things to do, and this interview is over. ”

After Feng Yu hung up the phone, the TV leaders nodded around the CFO, the CFO. Of course he had heard of Benfu's specific law, but it didn't seem like evidence, did it?

As a result, they consulted a number of professional financial personnel and audit firms to find out that Benefit's specific laws are not yet widely used, but are indeed an effective audit tool. If the data is modified, it is likely to be detected.

After the interview, it was broadcast live. How is it possible for the TV to do this? That's just saying. While contacting other media outlets to sell the right to broadcast and reproduce, they were preparing to do an issue around the phone recording.

Of course, you can earn more by running some more ads during this time.

……

“Feng Yu said that Enron was the financial counterfeit company he was talking about! ”

“Enron's financial counterfeiting, Feng Yu said there was evidence! ”

“Enron's finances do not conform to Benefit's specific laws, that's the proof! ”

……

Feng Yu once again took the front page of many newspapers, and his phone-recorded interview was again broadcast by many media to let more people know.

Some believe it, but many more still don't. Even a lot of people don't know about this so-called Benefit specific law, so what's the probability problem with this data?

It's just that Feng Yu said that of course it's not enough to serve the public. After all, Feng Yu is not a professional financial worker. But Feng Yu also hired two prominent professors from Harvard Business School in the United States to give them a written statement proving that Enron's financial statements did not comply with Benefit's specific laws and must have been falsified!

When the articles of these two professors were published, they were also quickly reproduced in various media, both of them with their own personality and God's guarantee, and they were telling the truth, Enron Corporation, that financial fraud was indeed made!

This instant caused a huge wave.

As a blue-chip company, Enron shares began to fall instantly, and all investors began to sell Enron's shares, including even Enron executives.

They knew too well the truth of the message, and once it was investigated, the facts could never be covered up.

And the same panic is Citibank, * * * * * * *, etc., they have frequent financial dealings with Enron. Do they really not know about Enron's financial problems?

……

The cold is so fucking hard, the whole person is bored, still sleepy ~ ~