Chapter 141: Consortium

The New York Times: "There may be serious business fraud, embezzlement of company property by company executives, falsification of turnover, fabrication of annual financial reports, etc., further information will be reported by this newspaper." ”

"According to people familiar with the matter, in the three years from 2002 to 2005, Tyco made more than 300 acquisitions that cost about $8.5 billion, but 90 percent of those acquisitions were "not clean." The whistleblower claimed that the company's president, chief financial officer, and multiple executives were involved in stealing $170 million of Tyco's funds in the name of the acquisition project, illegally making $430 million in profits by selling the company's stock, and falsifying the company's financial information. ”

News Channel: "During his tenure as president, President Dennis offered himself a large salary and bonuses, 20 million a year, and after Dennis quickly "got rich", he lived a luxurious life, a beach villa, a Manhattan Fifth Avenue apartment, a $15 million luxury yacht, a $20 million art collection, three Harley-Davidson luxury motorcycles and a helicopter, and Dennis needed to spend $700,000 a year to maintain his luxury yacht.

And he didn't pay for all of this, according to the whistleblower, these expenses were reimbursed by Tyco, but the owner was Dennis himself.

Last year, Dennis hosted a lavish birthday party for his wife, Karen, in Sardinia, in the Mediterranean, reminiscent of the celebrations of the ancient Roman Empire, with large numbers of actors and models dressed as gladiators and Roman beauties singing and dancing by the pool.

Featuring famous singers, the four-day barbecue, hunting and diving took place at a cost of $2.1 million, all of which were billed by Tyco.

The TV news channel also accompanied the report with a large number of photos and videos, including photos and videos of Dennis's mansion, yacht, and birthday party.

Dennis's wife's birthday party, even Lin Yi was extravagant when he saw it, and I have to say that rich people really enjoy it.

Although he now has hundreds of millions of funds in his hands, he really doesn't know how to spend them.

Yahoo News also reported on the Internet, and it was the most direct, pasting the small essay written by Lin Yi directly, with a sentence below, "The original text of the Tyco incident report letter, this website does not make any evaluation, it is understood that the Ministry of Justice, the FBI, and the Taxation Bureau have also received the report letter, and the content is more detailed, waiting for the official report." ”

With so many news media reports, it can be said that many people are shocked after watching it, some people are angry at the insatiable greed of these executives, and some people realize that Tyco may be in trouble this time, especially their stocks.

There are several reasons why stocks are falling.

Major changes in the outside world, such as wars, natural disasters, etc., market recession, poor business management, declining reputation, and corporate scandals, including senior management problems, financial fraud, etc.

Wall Street was the most responsive.

In the morning, Tyco's stock price was still in an upward channel, and at noon the news report came out, and in the afternoon, Tyco's stock turned around and began to fall, although it was not a sharp fall, but it has already shown that the market is worried about Tyco.

By the end of the evening,

Tyco stock fell by 1.7 percent, down 3 percent from its peak, and you know, this is a company with a market value of 100 billion, and three percent means that $3 billion has evaporated.

And that's just the reaction on the first day.

After all, the news has not been confirmed, and no one can say whether it is fake news or not.

Tyco naturally received the news as soon as possible, and after President Dennis read the news report, his whole body was cold.

He felt bad.

Everything was under his control before, and the internal operation, as long as no one digs deeply, will never be discovered, but there is no perfect scam in the world, unless that scam is true, once everything is connected and investigated, the problem will definitely be found.

At this time, the financial director hurriedly walked in, with anxiety on his face, "Dennis, you must find a way to suppress this matter, otherwise once the board of directors makes a move, the problem will be serious." ”

"Don't I know!" Dennis said angrily.

But the question is how to press so many news media reports now, is it wrong for them to retract and declare their own reports, he can't do it.

"Hold a press conference as soon as possible to clarify the content of the report, and also, you can erase the accounts now." Dennis Road.

"Hundreds of millions of accounts are impossible to erase." The Chief Financial Officer said.

"Then think of another way, don't tell me that this is impossible, if the matter is revealed, you can't escape." Dennis yelled at the CFO.

The financial director looked stupid and turned away.

Dennis lit a cigarette, took two puffs, threw it out, and yelled, "Who the fuck poked these things out, damn it, what now." ”

......

The next day,

Tyco held a press conference.

There were fifty or sixty media outlets.

One of Tyco's executive general managers took the stage and issued a statement saying that the content of the news report was all false and deliberately smeared Tyco, and they demanded that the news media immediately delete the previous report, and that they would also report to the police to pursue criminal responsibility for the false accusations.

After Tyco's clarification, Tyco's stock stopped falling, and Marty hurriedly informed Lin Yi, "Boss, Tyco's stock has stabilized." ”

Lin Yi watched Tyco's clarification press conference and smiled lightly, "Celebrity clarification, many of them have overturned, and Tyco will not be far from overturning." ”

By the end of the afternoon,

Tyco's 2.56% drop for the day is not small but also within the affordable range, after all, the news has not been confirmed.

At night

Lin Yi turned on the computer and walked around Tyco's network again, and found a lot of good things, this time it was not the internal data account, but some chat records on the employee intranet.

"Haha, good thing."

Lin Yi cut out some chat logs.

Open the mailbox.

"Whoosh~~"

Sent to several media outlets.

The next morning,

A number of media reported that "Tyco's internal chat records were leaked, and several middle and senior executives said in the chat that the board of directors had sent a finance company to Tyco to prepare for an account clearance, and the financial director was temporarily suspended." ”

That's a big sign.

Even the board of directors does not trust the president and management, which indicates that there may be a real problem within Tyco.

Just one day today,

Tyco's share price fell very hard, down 5.8 percentage points overall.

The next day,

In more news, the board of directors has restricted the rights of several executives within Tyco's internal management, including President Dennis, who is now no longer able to sign any documents related to financial management.

Tyco stock fell sharply again. The decline reached 7% throughout the day.

And that's just the beginning.

Two days later,

The official response finally came, and the FBI began to formally investigate Tyco, and at the same time, the IRS also said that it would send someone into Tyco.

These are definitely two bombshells.

Boom.

Deafening.

The shareholders and institutions who bought Tyco shares finally couldn't sit still and began to sell one after another, and Tyco's shares began to fall wildly.

Watching Tyco's stock fall off a cliff, Marty cheered excitedly, "Great, I've seen history." ”

"No, strictly speaking, you made history." Lin Yi said with a smile.

Historically,

Because of this eucalyptus, Tyco's stock price fell by more than 70% in half a year, including President Dennis, financial director and many executives were sentenced.

Right now

The bomb has gone off.

Then there was nothing to do with Lin Yi.

All you need to do is keep an eye on the stock market to see when it's time to close your position, and you can leave it to Marty, after all, the whole process can take three or four months.

He received a call from Tommy the other day that the Miami bar was already open, and now it was not bad and it was initially on track.

Lin Yi returned to his room in the hotel and took out the phone number that contacted Hussein from the space, and as soon as the phone was opened, he received several text messages.

"Has it already started, I see a change."

"It's very strong."

"I'm afraid a super company is going to be crippled this time, you guys are amazing."

"There's time for a phone call."

Lin Yi smiled,

I dialed it.

The phone rang only twice before it was connected.

"Lin, I'm watching the news, haha, it's very lively now." Hussein said with a smile.

"Looks like you've made a lot of money this time." Lin Yidao.

"No, it's us."

"When I got your call, I contacted a few friends to run it together, and we added up to about $300 million."

Lin Yixin said,

Ten times 300 million, that is 3 billion US dollars.

It is no wonder that Tyco's stock price fell a lot at the beginning, and it shipped 3 billion in a week, which shows that the energy of these people is not small, and it is very likely that these people have their own short-selling institutions.

"Lin, we want to hear your opinion, how far do you think Tyco can fall, and when should we ship?"

This is the biggest reason why Hussein is looking for Lin Yi.

Lin Yi thought about it,

"I think Tyco will fall by at least 50%, and we can analyze that the ideal state can be about 70%, as for when it will be shipped, it depends on your own judgment." Lin Yidao.

"Lin, when are you coming to Dubai, I'll invite you to drink." Hussein said with a smile.

"I'll get over when it's over."

"Well, I'll be hospitable then."

Hanging up the phone, Lin Yi took the mobile phone back into the space, and the electronic equipment was placed in the space, which could completely isolate the external signal, and he was definitely not afraid of anyone tracking him.

All that's left is waiting.

......

A manor in the continental United States.

In just 5 days, Tyco's share price fell by more than 17%, and the stock price evaporated by nearly 20 billion, which annoyed the shareholders.

"I've already investigated, and before Dennis's affair was exposed, someone made a large amount of short selling, and the amount was very huge, and this matter was definitely premeditated."

"Dennis they should indeed be punished, but we can't let Tyco's stock price continue to plummet, we must find a way to stop it, we must replace the new management as soon as possible, on the one hand, find a way to save the market, on the other hand, increase publicity, tell the public that Tyco is just a corruption and fraud in management, there is no problem with the operation, it is still the world's top company, Tyco has always had a stable, high-profit manufacturing business, and a rich product line."

"Also, find out those who are short-sellers, this matter must be behind their backs, even if they make money, they will not be able to spend it."

"I'll notify the company and ask the company to help solve the problem, and the FBI and CIA will pull those guys out, and I'm sure there will be a way to get them to spit out the money and go into the coffin. ”

Lin Yi's actions,

Leads to the person behind it.

Move the money of the American consortium,

It's not that easy.

Presidents, parliamentarians are under their control, not to mention some investors.

.....。