Later generations have always been very curious, and why did it suddenly explode?

So all kinds of conspiracy theories were born. The most famous saying in later generations was that all this was Daqian Bu's plan. Daqian learned about Anran's problem in advance, and then took advantage of Kenneth's most proud time to release Anran's loophole, which eventually led to the collapse of Anran, and Microsoft also collapsed.

This is a very popular saying in later generations, and it once made many people believe it. Even the teaching materials in universities used this saying. It was not until Kenneth, who was over 90 years old, was finally released from prison and was interviewed by a media reporter who flocked to him, and finally told the truth about the incident that year.

It's just that the truth sounds so funny.

Let's call back some time until the weeks when the credit card virus was raging.

During this time, Kenneth was excited to watch Microsoft's stock price continue to rise, and various unlucky things in the Hongmeng system, so that Kenneth seemed to have forgotten the system used by his Enron company, which is also the Hongmeng system.

Kenneth shouldn't have forgotten this matter, because Kenneth approved it by allowing Anran to replace the Hongmeng system up and down.

As early as 1999, when Hongmeng System was just announced to be launched for free, Kenneth approved Enron to replace the office system from Windows system to Hongmeng System, and Enron was also the first energy company in the United States to make such a decision.

The reason is simple, because Enron Company has no money.

Since 1995, Enron Company has entered a loss situation. By 1999, the funds that Enron Company could actually call were almost exhausted. Enron could only rely on various storytelling, various false financial reports and financial means to raise funds and maintain the company's operation.

Therefore, in order to save as much money as possible, Kenneth approved the company's suggestion to replace most of its office systems with Hongmeng system.

In this way, Enron can save about $10 million of genuine licensing fees for Windows systems, which is also a considerable amount of money.

Later, the facts proved that there was no problem with this decision. The Hongmeng system could still be used, and it felt good to use it. Even the overall office efficiency had been greatly improved. Anran Company was very satisfied.

Of course, Kenneth would not remember these things, as long as Hongmeng didn't have any problems.

However, when the credit card virus was rampant, Enron, which used the Hongmeng system, was also hit.

According to the regulations of the Securities Regulatory Commission, all listed companies must publish financial reports publicly every quarter. This is a compulsory course for all listed companies. Enron Company is no exception. Their financial personnel have also prepared a carefully modified first-quarter financial report early.

Because these financial personnel have been committing fraud since 1995, by 2002, the level of fraud has been perfected. Even if the top accounting firms in the industry are watching this financial report 24 hours a day and collecting the correct data through their own channels, they will be able to discover problems in the financial report.

But the accounting firm obviously would not do this, so in the opinion of Enron, this financial report is very safe.

This financial report is actually very safe, provided that the carefully prepared financial report is submitted.

Three days before the deadline for financial report submission, the director of the finance department conducted a final review of the financial report, and then carefully encrypted it and saved it in his own computer. Then the financial officer received an email saying that the financial director had a problem with his credit card and asked him to download the statement for verification!

"It is impossible for my credit card to have problems! I'm afraid it was not published by a fake bank!" The senior financial director was very confident in his financial ability. He never believed that there was a problem with his credit card. If there was a problem, it was also a problem with the bank.

So the financial director planned to look at the statement and find the bank's error from it... and then there was no more. The computer was directly black and dead. When he relied on the system to open the computer, all the files in the hard disk had been deleted, including the financial statements.

This financial statement is the only financial statement of Enron.

Some people may wonder, how could a company as big as Anron have only one financial statement and no backup?

Not to mention, the financial statements are really not backed up, because there are too many secrets hidden in this statement, which are enough for the financial director to keep him in prison for more than ten years.

He was not at ease with anyone, he only trusted himself, so the final version of the financial statements was only in the director's personal computer, but he never expected that all of these data would be deleted.

The financial director was stunned on the spot because if he could not submit his financial statements in three days, An Ran would be in trouble.

Because according to the Securities and Exchange Commission regulations, if the financial statements are not submitted within the deadline, the CSRC will intervene to investigate whether there is any trick in it and whether it is because the financial data is abnormal and cannot submit the statements on time.

This rule of submitting financial statements within a time limit is itself to constrain listed companies and prevent them from having enough time to commit financial fraud.

Of course, among some skilled experts, the time given by the Securities and Exchange Commission is enough for them to commit fraud.

But the financial director also knew that once the Securities and Exchange Commission intervened in the investigation, no matter how meticulous the methods of Enron were, there would be mistakes.

The best way is to submit the financial statements on time, otherwise the Certificate and Document Transaction Commission will have an excuse to investigate Enron.

But the report has been deleted, what should I do?

After thinking about it, the financial director felt that the only way was to spend three days to make a new report.

Although the original report took three months to complete, it would be impossible to read it in three days.

But in fact, the data required for the financial statements have been collected. Even if the director’s computer is gone, the data is still summarized into the computers of each subordinate, and the data is enough to collect the data.

As for how to use these data to make another report in the end, it would be even simpler, because the financial director has completed it once, and he is naturally familiar with it and has no problems.

The price was that the director spent 65 hours, making new reports without eating or drinking, and staying up and finally handing over the statement to the Securities and Exchange Commission before the deadline.
Chapter completed!