Houston, Texas.

It is the largest city in Texas, the fourth largest city in the United States, and the largest economic center on the Gulf Coast.

The city name is named after Sam Houston, President of the Republic of Texas.

(Note: In the 18th century, a large number of European immigrants were influx, defeating the Mexican government forces, and founded the Republic of Texas in 1836. In 1845, they joined the United States and became a state.)

Enron, an energy giant at home and abroad, is one of the Fortune 500 companies in the United States. Its company headquarters is located in Houston.

It can be said that Enron has always been the pride of the local people in Houston!

"question?"

"Why should they question Anran! Is it because Anran's company hinders the interests of some people?"

"Investigation, verification, evidence collection... are all nonsense."

Joe Lisbon, a physics teacher at the local Helina Middle School in Houston, expressed his views without any hesitation when he was interviewed by a reporter from the Houston News.

He strongly supports Anran!

Lin Chels, a reporter from the Houston News, asked: "Isn't it true that Enron's stock price plummeting?"

Joe Lisbon: "..."

At the beginning of 2001, Enron's share price was US$83 per share;

In August 2001, Enron's share price was US$42 per share;

Anran's stock price fell very seriously and was almost cut in half. This is an indisputable fact. Any quibbling or strong argument is pale and powerless.

Reporter Lin Chels asked again: "According to the first data report of the project investigation team, in order to embellish its high return on investment, Enron has registered a large number of offshore companies in various overseas countries and regions to avoid taxes and use it to increase profitability. How do you think?"

Joe Lisbon: "..."

Yes, he was speechless again.

The relevant American departments, in response to the Enron Incident, the urgently established special investigation team is not a vegetarian.

After just a few days of intervening in the investigation, I collected a series of unknown secrets.

Among them, a large number of overseas offshore companies registered by Enron Company were exposed.

Looking at the history of world finance, the establishment of offshore companies allows companies to allocate funds at will without being noticed; at the same time, they can cover up the company's operating losses. In this way, the company becomes obscene, but at the same time, company executives have to rack their brains to cover up losses every quarter and inflate profits...

Even to the point where he could not extricate himself.

As the stock price hits new highs, the company's executives began to use internal news to hype their own stocks.

But the people were unaware of it.

The one who set up an offshore company to inflate profits and manipulates stock price trading on the other hand, making it so easy.

Business executives and their friends, their huge amount of US dollar equity, are sure to make a profit? But other uninformed stock investors have to pay the price for this.

It is no exaggeration to use the word "leek" to describe these investors.

In fact? This is how Enron Company operates? A large number of executives united to emptie the company? It made myself fat.

Of course, the link of evidence is not sufficient now!

These "facts" have not been exposed at this time.

After all? The special investigation team just intervened in Anran Company for a few days.

But even so? Still, it makes doubters more convinced that Enron has a problem.

However... the local people in Houston are still unwilling to believe that they always stand on the standpoint of Enron.

In fact, those who support Anron?                                                                                                                           

This is not ~

At 9 a.m. on August 12? The mayor of Houston said in an interview with a reporter from Bloomberg:

"An Ran is sick?"

"This is totally wrong information!"

"Since the beginning of 2001, Enron's stock price has suffered a huge blow and its share price has almost halved, but Enron Natural Gas Pipeline Group, Enron Investment Company and other major subsidiaries under Enron Energy? In the quarterly statements in June this year, we can clearly see something? Enron is still in profitability."

"As long as you can make a profit, then all false statements against the company will eventually become empty talk!"

"I firmly believe that Enron Company can get out of the quagmire and create new glory!"

In the Zhen Houston area, from the mayor to government officials, including the city council members, all support Anran.

Not to mention anything else, the number of people serving Enron in Houston alone is as high as 7,800;

The power plant built by Enron Energy in Houston alone, more than 70% of its employees are local citizens from Houston;

Enron is also one of the largest taxpayers in Houston;

Everything has forced the Houston local government to stand on Anron's side.

......

August 12, 5 pm.

The Texas State Government, the superior unit of Houston, also held a press conference as soon as possible to support Enron.

"There is no problem with Anron!"

"The decline in stock prices is just because of the normal adjustment of the financial market. The reason why the stock price is now severely lowered is just because it is affected by the international financial market."

"For this purpose, my Texas state government has contacted Citibank and can apply for financial assistance to Enron when necessary."

The purpose of the state government is to put pressure on the federal special investigation team!

Employment rate, unemployment rate, economic development, local stability, social welfare...

In all aspects, Enron is an indispensable part of the city of Texas. Once it collapses, the entire Texas state government and the city of Houston will be under tremendous social pressure.

Enron, the top 7th American Fortune 500 companies, is the pride of the entire Texas state government!

From government officials to entrepreneurs and the public, no one can accept the collapse of peace.

......

In the evening that day, the ABC TV station, a subsidiary of Disney Group, made a special report on the Enron Company incident.

Nasdaq Exchange Secretary General Andre Lyon became the main guest of this episode.

"Allan is normal."

"The so-called large number of overseas offshore companies exposed are just normal operations of the company."

"Enterprises, banks, overseas investment institutions, etc. constitute the perfect financial market. As one of them, Enron has the right to seek investment projects in the financial market."

"From the beginning of 2001 to June 2001, Enron Capital, Enron Investment Company, had its profit margin at least 11%, far higher than the 8% return baseline of Wall Street investment banks."

"I didn't want to take sides with Enron."

"All this is just the final result I analyzed based on facts and data."

The broadcast of this episode once again caused the federal special investigation team to be questioned.

[Federal authorities harm local American companies]

This name spread like wildfire.

A series of operations put a lot of pressure on the federal special investigation team!
Chapter completed!