Hollywood Starts with Animation

"Hollywood Begins with Animation ()" Find the latest chapter!

The 100 billion giant WorldCom is facing the intervention and investigation of the Securities and Exchange Commission and the judiciary, which has undoubtedly attracted the attention of countless people, but who knows, it is not the first to fail.

Exactly the same firm that provided the external audit for WorldCom... Arthur Andersen!

May 15, 9 am.

Arthur Andersen, known as the fifth largest international accounting firm in the world, held a press conference today, officially announcing the removal of current CEO Joseph Berardi from all personal duties, and contacting relevant departments to review him.

Abandon the car to save handsome ah!

Andersen (France) Branch President Aldo Padoso was appointed as the CEO of Andersen Group.

"Aldo Padoso?"

"I know him, he's a very capable big man."

A reporter at the scene said solemnly.

"I know him too!"

A reporter from the French "Marseille" magazine echoed: "Aldo Padoso is not only the head of Andersen's French branch, but also a special financial expert for the French Prime Minister's Office. He has made great contributions to France over the years. contribution."

Aldo Padoso's appointment in the face of danger has indeed saved a lot of reputation for Arthur Andersen.

However... the first order issued by the new CEO Aldo Padoso after taking office was layoffs. And it's massive layoffs!

"In order to ensure the balance of Andersen's revenue and expenditure, the company has decided to lay off 2,000 employees from now on, and before the end of May, the total number of layoffs will not be less than 7,000!"

As soon as the news came out, there was an instant uproar in the industry.

"This, this, is this true?!"

"Oh my God!"

"It's unbelievable!"

"You must know that Arthur Andersen is a giant in the industry, second only to PricewaterhouseCoopers, KPMG, and Deloitte, and is as famous as Ernst \u0026 Young!"

"Since 1990, when has it made layoffs?"

 …

Countless people were stunned!

Andersen, a giant in the industry, is not a small company!

It was founded in 1913 by the well-known economist Arthur Andersen (the youngest certified public accountant in the United States at that time); since its establishment, Andersen has undertaken external audit work for many large companies in Europe and America. , and before and after World War II, it was also responsible for the financial audit work of the Ministry of Finance of many countries.

The second-generation leader Leonard Spachak, as a student of Arthur Andersen, inherited his mantle. In just 20 years, he gradually developed Andersen Accounting Firm into a global giant company.

In 2000, Andersen's annual revenue exceeded US$8.3 billion;

In 2001, Andersen's annual revenue exceeded US$9 billion;

As of April 2002, Andersen has nearly 400 offices in hundreds of countries around the world, with more than 80,000 employees;

Whether it is in terms of profitability, industry scale, or professionalism, Andersen is a giant company.

But... now?

There was the Enron incident before, and now there is the WorldCom incident. The scandal of the two 100 billion giants is enough to destroy Arthur Andersen, which is responsible for the external audit work!

7,000 layoffs?

Hehe, it's useless at all!

As expected...

On May 18, Deloitte International Accounting Firm, which is also an industry giant, announced: "We will acquire Andersen for all shares!"

Deloitte is out!

Deloitte's strength is stronger than Andersen, but not much stronger, but Andersen, which is deeply involved in the scandal, can only accept this acquisition if it wants to survive.

And the price tag is very low, very low, very low!

 …

The headquarters of Golden Dawn Entertainment Group.

"Boss, this is news from New York."

Zhu Ke, who was sitting comfortably in the office, received the news immediately.

Zhu Ke looked at the document and immediately said pleasantly: "Well done, well done! There was the Enron incident before, and now it is deeply involved in the WorldCom scandal. Who will finish it? Even if Arthur Andersen is a giant in the accounting industry, It can't hold on anymore!"

Between the words, Zhu Ke was overjoyed.

Alexander couldn't help asking: "Boss, did you earn a lot this time?"

"hehe!"

Zhu Ke squinted his eyes and said with a smile: "Of course I made a lot of money. Before the WorldCom scandal came to light, Arthur Andersen was a giant company with a market value of more than 48 billion U.S. dollars. In just a few days, it was on the verge of bankruptcy. You said, can I earn less?"

Alexander nodded instantly.

In this event, as long as you have funds to enter the market and the speed is fast enough, then you can definitely make a lot of money.

No!

It's a money grab!

News came from New York: In just a few days, Gale Capital made $150 million!

Moreover, the profit of this 150 million US dollars only comes from Arthur Andersen. If WorldCom is added, the profit will definitely double.

ding ding ding~

At this moment, Zhu Ke's personal satellite phone rang.

As soon as the phone was connected, there was a surprised voice from Gale Capital CEO Andy Chelop: "Boss, good news! Just now, the judicial authorities of the European Union and the United States announced at the same time that they will thoroughly investigate Andersen. , It is said that the number of defendants in the United States alone exceeds 170!"

Zhu Ke was immediately shocked and said: "My God~ Is this true?!"

"of course it's true!"

Andy Cherop suppressed his excitement, and said on the phone: "Boss, when I just got the news, I had the same reaction as you. I couldn't believe it was true, but the reality told me that it was true." !"

This shows what?

It shows that Arthur Andersen, a well-known accounting firm that has been established for nearly a century, is about to collapse completely!

The speed is astonishing!

At this moment, not only Zhu Ke was stunned, but all the investment elites on Wall Street, one counted as one, which one was not terrified?

Benefit!

The benefits that are so huge that people are crazy exist in it!

The people on Wall Street were almost dying of excitement!

1 day, 2 days, 3 days... In just a few days, the famous Andersen company collapsed completely.

The U.S. District Court for the Federal District of Houston made the first judgment against Andersen in the investigation of obstruction of justice, fined it $500,000, and banned it from doing business within 5 years. accounting line.

The media all over the United States went crazy, they frantically reported the news.

Of course, Andersen expressed dissatisfaction with the ruling and resolutely opposed the result, saying that it would continue to appeal and overturn the result.

But!

Now who cares about it?

At least Dafeng Capital under Zhu Ke's name has once again made a fortune from Andersen in just a few days, with a total of no less than 240 million U.S. dollars!

Zhu Ke laughed loudly and said: "Andersen can only be regarded as a pre-dinner snack, and the next WorldCom Company, it is the main meal."

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