Chapter 148: Financial Turmoil
Listening to Xia Xiu's soft tone, the head of the [Sphinx] shook up and down rapidly, and the circle inside its pupils had already disappeared at this time. It turned off [Wisdom Insight], and just now almost triggered the [Shame Death Mechanism], making it understand that the blonde youth in front of it is not an existence that it can open casually.
The lord in front of him has a great terror behind him.
At a glance, it is identified as a big customer who cannot be provoked, and you must handle it carefully and manage your Riddle Beast's problems.
"Understood, understood." The Sphinx replied to Xia Xiu with a smile on his face.
The appearance of the [Sphinx] made Derry feel a little surprised, and in the face of the honest riddle beast, Xia Xiu directly took out the internal data files handed over to him by Morton from the [Dimensional Pocket], and he spread them out in front of the [Sphinx] one by one.
"This is the internal list of high-level executives of a company called Valais Thermal Power, and I know that the power of the [financial beast] in the financial field can be multiplied, and a lot of financial data can be retrieved from it, and anomalies can be analyzed from these data."
The blonde youth smiled and pointed to the spread out information, and asked [Sphinx] directly:
"Who's Mordred?"
Good guy, I don't even want to act, so I'm asking myself directly. The Riddlemon said directly in his heart.
Mordred, the most famous betrayer in the story of King Arthur in the fog and France, entrusted all the affairs of Camelot's country to Mordred when King Arthur went out to Brittany to capture Lancelot, but what King Arthur didn't expect was that Mordred took the opportunity to betray himself, usurped Arthur's throne, and took control of the Kingdom of Camelot.
This kind of referential word, a little reading of Arthurian legend knows what it represents, this is not even a riddle, it is equivalent to directly asking him in the face: Who is the traitor?
Normally, if someone asked [Sphinx] like this, it would definitely use a horde of riddles to make things difficult for the other party, but the master in front of him who almost let himself trigger the [Shame Death Mechanism], it would never dare to offend.
"I'll take a look."
The Sphinx replied simply, and then, a ring appeared inside its pupil, which was completely different from the previous state of multiple rings superimposed on top of each other.
A single ring spun rapidly inside the Sphinx, and lines of complex data and intelligence quickly flowed through its brain, and soon, it sensed what the other party wanted.
After discovering the information that Xia Xiu wanted, the pupils of [Sphinx] returned to normal, but his face showed a tangled and abnormal expression, and it was currently struggling with what simple and clear riddle to use to convey the information it knew to the other party in an effortless way.
"Looks like you've got the information I'm looking for."
Xia Xiu looked at the [Sphinx] who wanted to speak and stopped, and knew that the other party had already found out who was the traitor of Valai Thermal Power, but because of its own characteristics and the existence of the Financial Law, it could not say it directly.
"Now that we know who Mordred is, it's just a matter of permutations and combinations."
Xia Xiu smiled, he naturally had a way to deal with the characteristics of the [Sphinx].
Xia Xiu once again took out the financial report of Valais Thermal Power that he had specially asked for from Morton, and the next thing to do was to play a game of number riddles with [Sphinx] on these reports.
A number riddle is also a riddle, a game in which you can deduce what the missing number or the next number is by using a given number and a pattern, and if you use it to deduce it when you already know the truth or the falsehood, you can quickly figure out what is wrong.
Xia Xiu believed that the traitor of Valle Thermoelectric must have secretly invested a lot of sunken capital in Giovanni, so he would inevitably use the company's funds for personal and improper purposes, and the experienced accountants in the financial company would definitely make the accounts look good.
Once you invest too much capital in something, whether it is beneficial to you or not, you can no longer get out, because you know that if the principal you have sunk into it does not get a return, it is equivalent to what you have been doing in vain, and no one wants to admit that what you have done is in vain.
"Now, let's guess the numbers one by one." The golden eyes of the blonde youth flowed, and the light of wisdom swam in these eyes.
The Sphinx actually hates number riddles, it has a severe riddle disorder, which causes it to want to say riddles all the time, but among the many riddles, only the number riddle is the one it feels the most disgusted.
A riddle is an obscure, interesting question or description that is expressed verbally and requires reasoning, thinking, or interpretation to find an answer.
Riddles are a varied, obscure, and intellectually challenging language game. It usually comes in the form of a question and answer, which asks for a riddle (question) that requires reasoning and association to find out the answer to the riddle.
The joy of riddles is to challenge the mind through the hints and puns of the words and make people try to think about the problem from different angles.
The number riddle is different, it is an alternative existence, the cold number is the appearance of truth, and the number riddle is just a vague exploration of the appearance of truth - great but boring.
But today, [Sphinx] endured the discomfort in his heart and started a game about numbers with Xia Xiu.
For the rest of the day, the question and answer of one man and one beast echoed through the secret meeting room of the casino.
An hour later.
The [Sphinx] turned into a floating light and dissipated in the conference room, and Xia Xiu also began to sort out the information in his hand, he had found Valle Thermoelectric's 'Mordred', and the other party would also be the bullet he shot at Giovanni.
While the blond young man was sorting out the information, the Adélie penguin on the side found the right time to ask him:
"Mr. Abraham, can we now discuss in detail what you mentioned earlier?"
As members of the Financial Street, as financiers and traders, they must always maintain a heart of profit-seeking.
In the face of Delhi's question, Xia Xiu did not hide his goal.
"John Giovanni, that's what I want you to [short]."
When Xia Xiu mentioned that John Giovanni was a short target, Delhi was unconsciously stunned.
Giovanni's private assets are now doing well.
Short him? It's impossible to think about it, unless there is a big event that affects the entire [Financial Street], otherwise it will be difficult for Giovanni to be [shorted].
"Giovanni expects to start [investing] in the next period of time, and it now has a lot of surplus assets, so he's bound to open those assets into new markets." Xia Xiumo rubbed his chin and continued slowly, "His expansion will inevitably buy a large number of foreign stocks, and this is the opportunity [to short] him. ”
As a financial street with huge private assets, John Giovanni can be said to be involved in the whole body, if there is a thunderstorm in one place on his body, then his other assets will also be thunderstormed. Giovanni must not make a wrong decision, once the decision is wrong, the chain of funds maintained by him alone will be broken, which will inevitably lead to a series of collapses.
"You're going to lead Giovanni to thunder, but how can you be sure that he can step on it? And how can you ensure that he does what you want? Derry asked.
Hearing Delhi's doubts, Xia Xiu raised the information in his hand and raised it.
"That's the key, just wait here and I'll give you a piece of information that will convince the board."
"Then I'll wait for your news."
The cooperation of one person and one penguin was completed with the satisfaction of both parties, and the two sides left the conference room after a few simple polite exchanges, Xia Xiuwan declined the other party's lunch invitation and left the casino alone.
Xia Xiu, who had already obtained the information, came to an 'Internet café'.
Here, you only need to pay 10 [basic assets] to be able to connect to the [Financial Street] public [castrated version of the pedigree network] and experience the fun of the pedigree network.
This genealogy network of [Financial Street] is an infinite castration version of the genealogy network, it can be used by ordinary people, but it is only limited to information dissemination and screen display, and it can also be used without releasing any EVE particles, a genealogy network can easily envelop a city, if it is completely released, the human society of Terra will enter an era of more convenient and smooth communication.
If it can be spread in the human world, then human society will inevitably move forward again.
However, the above content just sounds good, this kind of lineage network does not have the life of the lineage, but it has the disease of the lineage network, and the probability of this network being infected with the Mimu virus and being distorted by the [Aetheric Ocean] is hundreds of times higher than that of the lineage network.
If one is accidentally infected with some virus, then basically all the humans linked to the network will have to send it.
Therefore, there are so many people who come to the 'Internet café' to surf the Internet.
Xia Xiu quickly opened an outlet, and then came to the outlet, connected to the pedigree network, and then sent the traitor information he got to Morton through the genealogy network through public mail.
He sent most of the traitor's information to Morton, leaving only one traitor information in his hand, and this traitor information was crucial.
——[Director of Valais Thermal Power: Hayden Frederrick]——
Valais Thermal Power Shares: 13.35%
Giovanni's private corporate shareholdings: 120 million [underlying assets]/80 million [extraordinary assets]
Longen's shareholdings: 110 million [Extraordinary Assets]
Other Holdings: ·····
————————
Xia Xiu is very interested in this director, as for the reason for his interest, it is not because he is the ghost of Valais Thermal Power, but because of the other party's shareholdings, especially Longen Company.
Longen Company, which is a company that will be very famous in the future, because it is associated with a complex financial scandal involving a wide range of aspects.
The scandal involved a number of parties, including senior management of Longen Company, accounting firms and investment banks.
One of the biggest scandals in Addison's business history, one of the biggest scandals in Addison's business history, was a case involving fraud, bankruptcy, and political scandals that led to the destruction of many people's wealth and lives.
Founded in 1585, Longen Company was originally a transcendent asset company with [Natural Gas Series Thaumaturgy] and [Electric Thaumaturgy] as its main business. Over time, Longen grew rapidly and became one of the leaders in the Addison trading market, and gained a high reputation in the Financial Street.
However, in fact, in the process of controlling the company's operations, Longen's top management disguised the company's financial situation through a series of false and illegal acts for personal gain. They conspired with Enron to use sophisticated accounting techniques to cover up the company's huge debts and losses, while generating false revenues and profits.
By creating Special Purpose Entities (SPEs) and transferring a large amount of debt to these entities, Longen has resulted in a low level of debt on the company's financial statements. These entities are masked in the financial statements, making it difficult for investors to detect the actual situation. Longen also cooperated with other companies to carry out transactions and financial transactions, further concealing its true financial situation.
In order to maintain the stability of the company's stock price and the trust of investors, Longen's top management has also adopted a series of incentives, such as through high salary awards, stock options and bonuses, etc., to motivate employees to actively participate in fraudulent activities and keep the company's stock price rising.
However, this fraud was eventually revealed.
Next year, an internal whistleblower from Longen will make the company's financial scandal public.
Subsequently, the media and regulators will begin to investigate the issue and find substantial evidence that Longen's financial statements contain material misrepresentations and misleading statements.
This led to a sharp decline in investor trust in Longen, causing the company's stock price to plummet rapidly.
As a result of the financial scandal, the company finally filed for bankruptcy protection in December 1691.
This bankruptcy case is one of the largest corporate bankruptcies in the history of Financial Street.
Longen's [securities fraud case] shook the entire [Financial Street] and caused the 12 [Financial Behemoths] to govern the internal governance of the [Financial Street].
In this financial turmoil, countless [financial beasts] were devoured by twelve [financial behemoths], and any existence that endangered the operation of [Financial Street] would be severely crushed by the iron fist of Addison's sanctions.
The blonde young man looked at Hayden Frederick's profile, his eyes shining with a special light.
Yes, Xia Xiu intends to personally detonate this financial turmoil, make this shock even more rapid, and let John Giovanni drown in this storm.
(End of chapter)