Wall Street investment banks, led by Bear Stearns, Goldman Sachs, Merrill Lynch, Morgan Stanley, etc., are now like wolves with saliva, staring at Enron and will take a bite anytime and anywhere.

No!

To be precise, the evil wolf is already in action!

The Great Wind Capital under Zhuke's name is also one of the new forces to destroy Anran.

November 12th.

Enron's stock price fell again, and when the stock market closed that day, there were only less than $11 left.

Extremely tragic!

Compared with its stock price in early 2001, Enron's stock price was as high as US$80, and even exceeded US$90 at one point, but in just ten months, the stock price experienced an avalanche decline. Not only that, Standard & Poor's, Moody's Investor Services and Fitch International Credit Ratings, as the world's three major credit rating agencies, reduced Enron's credit rating several times in the following time.

A-level credit rating?

That was Enron Company in early 2001.

Level B is the credit rating of Enron when he bought it in early November.

But, what about now?

Enron, known as the world's sixth largest energy giant, had a credit rating on November 12.

Undoubtedly, this further pushed Anran into the abyss.

Kenneth Lay, founder of Enron and former chairman, held a press conference since Enron exposed the time for major false profit reports, but the result was useless.

In the following days, he accepted interviews from many media outlets one after another.

He said: "An Ran encountered a problem, but we are confident that we can get through the difficulties."

But no one believed his words anymore!

On November 13, Enron's stock price continued to fall;

On November 14, Enron's stock price fell into the $10 mark for the first time!

The single stock price of Enron is only less than $10, which undoubtedly marks that Enron is on the verge of bankruptcy.

"New Finance" published an article saying: "As we all know, Enron was once the sixth largest energy giant in the world and one of the world's largest energy service providers. It has more than 3,000 subsidiaries around the world and has been rated as "blue chip stocks" and "innovation stocks" by media such as Fortune and New Finance."

“And, since 1997, Enron has been at the forefront of the top 500 companies in the United States.”

"The best result is ranked 7th among the top 500 Americans!"

"In the United States alone, Enron monopolizes more than 20% of the natural gas supply and more than 27% of the electricity supply, making it an absolute global energy giant."

"However, now...it's almost dead!"

An Ran really couldn't stand it anymore.

Since November, especially since the incident of major false profit reports was exposed, the Enron (Europe) branch has been closed in just a few days, and as many as 780 subsidiaries have closed down.

In North America, more than 400 Anron's subsidiaries also went bankrupt.

Thousands of subsidiaries under Anron have gone bankrupt and their functions have ceased, which undoubtedly has brought great inconvenience to the lives of residents in many places.

"Damn Enron Company!"

"Not to mention its stock is about to fall, but it suddenly shut down as many as thousands of subsidiaries, causing severe gas and electricity supply difficulties in our towns in Texas."

"Now the local government has launched an emergency plan, but what's the use?"

"After night falls at 6 o'clock in the evening, my town is completely in a dark place. The night market that used to be lively is not visible at all."

The people are complaining.

However, major investment banks on Wall Street, including Zhuke's Dafeng Capital, have opened champagne to celebrate in the near future.

Making money!

In just a few days, Dafeng Capital once again took away hundreds of millions of dollars in wealth from An Ran.

Bear Stearns, Merrill Lynch, Goldman Sachs, Morgan Stanley...

Which one is not making a fortune?

Goldman Sachs: "Thank you An Ran!"

Bear Stearn: "Thanks Kenneth Lay, if this old boy hadn't made a mistake in his busy schedule, it would have been absolutely not easy for us to make such a large amount of money. The special investigation team is going to give it a little more effort."

Merrill Lynch: "Enron's current stock price is less than $10. I believe that as long as we use another effort, we will definitely turn it into a fairy stock (less than $1 per single stock)."

The major investment banks on Wall Street were thrilling.

.........

There is a saying that goes well, called: "Plans cannot keep up with changes, surprises often come suddenly!"

November 15th.

At around 2 pm that day, the special investigation team once again exposed a major news.

"Since 1997, Enron has manipulated as many as 22 illegal insider transactions, with the amount involved exceeding US$1.39 billion!"

The news shocked the outside world.

Zhuke said in a daze: "Andi, I remember that the maximum amount involved in the case of "illegal insider trading" exposed worldwide is US$920 million."

"Um!"

ceoAnti Chelop nodded heavily and said, "No doubt, Anran has created another historical record."

mmmp!

Enron would rather not have such historical records.

What honor is this?

It was clearly engraved on the pillar of shame!

From the news that was exposed at around 2 pm that day to the closing of the stock market in the evening, in just a few hours, Anron's stock price fell extremely severely and was almost halved.

Closed price: only US$4.9 per single share.

Bang!

Kenneth Lay, founder of Enron and former chairman, slapped his desk at home, and was furious, and he was angry like a wounded bull.

"asshole!"

"A bunch of damn bastards!"

"I used to say that I was my best friend, but now I'm in trouble and beg them, but they are better, and they all avoid it~"

He was really helpless and could only be furious.

But, when it comes to whether he has money himself?

Then he is indeed very rich!

Not long ago, Kenneth Lai ranked 209th on the "Top 400 Rich Americans" list in Forbes magazine, with a total personal wealth of up to $580 million.

But...what did this money come from?

At least half of Kenneth Ley's huge personal income was illegal income. He joined forces with Kislin and others to empty An Ran and fatten his pockets.

......

Time passes quickly ~

The difficulties encountered by Enron Company have not been alleviated, but have become more and more serious.

One by one, unfavorable news comes one after another.

As of today, on November 30, Enron's stock price suddenly fell to $0.24, and its market value fell from nearly $100 billion at its peak to $200 million.

$0.24 per single share?

That's right, it's even worse than the $0.26 per single stock in the original time and space. After all, Zhuke's Dafeng Capital is very good at making money.

A large number of investors were in tears.

Tears have already dried up.

On December 2, Enron officially applied for bankruptcy protection from the bankruptcy court, becoming the second largest bankruptcy case in American history.

The first update of "" is given.
Chapter completed!