Chapter 234: Strength Duel

……

Moreover, in order to deal with the possible judicial litigation after the collapse of Enron that threatened his property, he used 'trust', 'insurance' and other financial management methods to isolate assets early. Therefore, he was more calm in the face of threats than anyone present.

"According to reports provided by the Information Division, Pan Pacific Energy Group has recently been acquiring electric and natural gas utilities in the western states of the United States. This acquisition, while making Pan Pacific Energy's assets larger, has also increased their financial burden. As it happens, Enron is the largest energy dealmaker in the United States, controlling 20% of the energy trade in the U.S. electricity and natural gas sector. It is an upstream enterprise of Pan Pacific Energy Group. Therefore, as long as we continue to increase prices, we can cause more losses to Trans-Pacific Energy downstream. ”

“… To put it more figuratively, the current Pan Pacific Group, or Bruce Guo, is a vat that doesn't know how much water it holds. And we are the ones who cut a hole in the outer wall of the vat so that the water inside can flow faster. We had to do everything we could to make the hole bigger, and Bruce Kwok had to make sure there was enough water in the tank. It's a contest between our two sides, where the winner eats everything and the loser is out. ”

“… Therefore, we need to insist on two things: first, use all of Enron's energy to help Pan Pacific acquire more utilities and continue to increase their financial burden. Second, let California's energy crisis continue. Now that 95% of our profits come from energy trading, the bigger Bruce Kwok's Pan Pacific Energy Group is, the more stable Enron's giant customers will be, and it will continue to bring us high profits. Moreover, Bruce Guo's merger and acquisition avoided the widespread bankruptcy of public utilities caused by the energy crisis in California, and reduced the pressure on us from the Federal Energy Regulatory Commission. So Bruce Kwok's strength isn't necessarily a bad thing. Of course, the premise is to ensure that in this duel, we must be the final victor!"

His words caused the atmosphere in the conference room to fall into silent thought, and after a moment, Jeffrey Jilin was unwilling to say, "Is there no other better way?"

Andrew Fastto shook his head.

"Now Bruce Kwok's energy is big enough, and some unseemly tricks don't do much for him. Only with strong strength and sufficient contacts will it be possible to defeat such an enemy. Fortunately, we have a bigger advantage in this area, so we should make the most of it. With the help of Goldman Sachs, Morgan, Citigroup, First Boston, to help us beat our opponents. ”

Jeffrey Jilin nodded, and after some serious consideration, his gaze slowly swept over the faces of the rest of the people present. But Cliff Baxter and Lou Pay, who he trusted the most, carefully avoided his eager eyes. As for those guys who have always been opposed to their succession as CEO of Enron, their faces showed a look of schadenfreude without scruples.

Knowing that it was impossible to get any more useful news, Jeffrey Jilin felt depressed and simply waved his hand to announce the adjournment of the meeting.

When he walked out of the conference room, the secretary Christina hurriedly greeted him.

"Boss, Mr. Balin has been waiting in your office for half an hour!"

Jeffrey Balin frowned, "Got it, go meet him!"

Although he didn't like this arrogant and proud broken aristocratic kid very well, the other party did have a lot of 'ghost ideas'. A lot of them played a big role in dealing with Bruce Kwok. Therefore, in the current situation of Enron's predicament, he also wanted to ask the other party if there was a better way to deal with Bruce Guo and his industry more intensively.

In fact, Oliver Balin did not bring him a solution to the problem, but only added to the irritability in Jeffrey Jilin's heart.

"Mr. Jilin, Enron's stock price has fallen by $5.9 and we have to reverse this!"

After a brief handshake, and after the two sat down, Oliver Bahrain couldn't wait.

The Bahrain Asset Management Company, which he manages, has bought 58 million shares of Enron common stock at an average price of $55 over the past three months. Moreover, after the price reached the $70 price agreed with Goldman Sachs and other financial institutions, he did not take the opportunity to liquidate, but thought that his acquaintance with Enron executives such as Jeffrey Jilin could get first-hand internal information about Enron, and be the first to grasp the news of its market changes to obtain high profits, and has held it until now.

Originally, Oliver Balin planned to wait until Enron's stock price exceeded $80 before taking off his gloves and leaving the market. But I never thought that when it was nearly $3 away from $80, Enron's stock price actually turned down. And it lost nearly $6 per share all at once.

Seeing that more than $350 million in losses had happened to him, Oliver Bahrain naturally lost the calmness he had when the stock price rose before.

After decades of rolling in the mall, the experienced old fritter Jeffrey Balin naturally saw through Oliver Balin's reality at a glance, and also guessed the reason why he was anxious now. Despite his disdain for the guy's unstable mental qualities, Jeffrey Balin understands that the Englishman must now be steady. Otherwise, as soon as the 58 million shares of Enron common stock he holds in his hand are sold, it will undoubtedly cause an avalanche of Enron's stock price, and then he will try his best to win over Goldman Sachs and Morgan, and the restabilized Enron will really be over.

"Oliver, you and I know that. Enron's current predicament is not the result of a business error, and in fact we are making huge profits from California's energy crisis. So, if you want to continue to pull up Enron's stock price, the core issue is to crack down on Bruce Guo, who is doing a lot of short selling Enron! In this regard, your advice is very effective, and we should continue to do so. ”

Apparently, after perceiving Oliver Balin's vacillation in 'continuing to hold Enron', the seasoned Jeffrey Jilin changed the subject.

However, Oliver Barin, who has an aristocratic background, has been rigorously cultivated since childhood, and has some operational experience in the financial market, also noticed something unusual from the report disclosed by LinkedIn News. Enron didn't seem to be as safe, stable, and strong as he thought he was!

"Mr. Jilin, can I take a look at Enron's quarterly statement?"

"You are also a major shareholder of Enron now, so you naturally have the right to inspect Enron's financial statements and balance sheet!" Jeffrey Jilin nodded, and a gleam flashed in his eyes.

Enron's success is due to the fact that the pricing and risk management techniques she developed in energy derivatives and bonds, which laid the foundation for her domination of the U.S. energy trading market, and her financial maneuvers are also one of the reasons for her success. This is a financial system developed by Anron CEO Andrew Fasto, which successfully covered up Enron's losses with financial entities, balanced Enron's assets and liabilities, and with the help of Wall Street, pulled Enron's market value to an astonishing $80 billion.

This financial system, except for a few people such as Andrew Fasto, even many financial elites on Wall Street can't understand it. That's because it's a huge financial list involving Enron's 3,000 entities. In a few months, the Big Five law firms couldn't figure it out, let alone Oliver Bahrain.

So Jeffrey Jilin generously agreed to his request to access Enron's financial documents and balance sheet. Of course, off-balance sheet liabilities, which are larger than the losses on the balance sheet, Oliver Bahrain will certainly not see.

……

"Mendieta shoots. Oh God, why didn't you go in again!"

After seeing Mendieta's shot wide of the post on the TV, Al Bevan hugged his head in frustration.

Next to him, Olivia and Bevan Sr. also had a look of pity on their faces after Mendieta missed the chance. But they weren't as obvious as Al Bevan had revealed.

In contrast, Guo Shouyun and Molly Bevan, who sat on the same sofa and watched the 2000~2001 Champions League final, were much more calm.

"Honey, eat fruit!"

Guo Shouyun diligently peeled and cut the apples into pieces, and handed them to his lover with a fork.

"Thank you!"

Molly Bevan, who reached out to take it, had become a little rounder, and her pretty face was full of happiness. Now that she is six months pregnant, the appearance of the pregnant woman on her body is already obvious, especially the belly is bulging like a ball, the whole person looks clumsy, and the maternal brilliance on her body is also stronger.

As for Guo Shouyun himself, it has been a week since he flew from San Francisco to Essext. Although the pan-Pacific plight continues, the energy crisis in California still has no end in sight, and even the blow to Enron is coming to his companies in waves, Guo Shouyun still chooses to stay with Molly Bevan. Having no family in his two lifetimes, he cherishes this hard-won opportunity to be a father. In contrast, as long as it is not a last resort, he will not come forward in person.

Of course, even in Exeter, with the current level of communication convenience, he can still control all his industries remotely.

"Extra time is over, it's still a draw. ”

It was Al Bevan's voice coming through.

"It seems that Valencia still have a chance to beat Bayern Munich to win this year's Champions League. Olivia said.

'It's been two years since they've been in the Champions League final and God can't bear to keep them empty-handed. ”

This is the voice of old Beven. Obviously, between the Germans and the Spaniards, there was no match between the British and the Greeks, who chose to side with the weak.

However, Guo Shouyun, who knew the course of history, understood that they were doomed to disappointment. Valencia ZTE's most representative two Champions League finals both unfortunately missed the gold medal.