Hollywood Starts with Animation

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Grab money!

Grab money!

Frantically grabbing money from WorldCom has become the mainstream of the financial market at the moment, and many financial predators, including smart retail investors, are frantically pouring in to participate in this grand feast of capital division.

Enron was left with a market value of just over $20 billion, less than a fifth of what it had been.

But even so, its stock price still cannot stop falling.

"Make money!"

"The speed of stealing money like this is really intoxicating!"

"In just one day, our company has made $50 million. That's it? It's because we entered the market late, otherwise our daily profit will definitely exceed $80 million, or even as high as $100 million."

"First there was Enron, then there was Global Crossing, and now there's WorldCom. . . . My God! It's just wonderful!"

The elites of the major investment banks on Wall Street almost fainted from the joy of this kind of welfare.

WorldCom fell into the abyss step by step, and no one could turn the tide.

certainly!

There are also people who want to save WorldCom!

For example - Mississippi state government.

Mississippi is a state in the southern part of the United States. It is located on the east bank of the Mississippi River, with a land area of ​​123,000 square kilometers. It ranks 32nd among the 50 states in the United States. However, the state is an agricultural state with average overall strength.

The population base is only more than 2.8 million people, and the population has a downward trend every year.

Although WorldCom has been criticized by the outside world at the moment, the Mississippi state government wants to save it. Who made WorldCom one of the largest companies in Mississippi?

"If it can be saved, we still have to save it!"

A city government executive said in a deep voice, "After all, since the establishment of WorldCom, it has provided the government with a large amount of tax revenue every year, and more importantly, job demand. WorldCom has nearly 100,000 employees, of which only Our state of Mississippi has provided as many as tens of thousands of jobs. Once WorldCom collapses completely, these people who lost their jobs will definitely bring severe turmoil to the society."

As soon as the voice fell, he immediately got the support of some people.

"If you can save it, you must save it."

"More than tens of thousands of people in Mississippi directly work for WorldCom, and there are also a large number of affiliated companies serving it. In conversion, the loss is tens of thousands of families. You know, the population of the state is only about 2.8 million US dollars. !"

"WorldCom is a big business, and the pride of our state of Mississippi, we can't just watch it go down."

Some people support it, and naturally some people oppose it.

"Tut tsk tsk~"

A congressman immediately sneered and said, "Save? What can we save?!"

As soon as the words fell, another person echoed: "To save WorldCom, we must guarantee at least 5 billion US dollars of funds. That's it? It's still a situation where the gangsters on Wall Street haven't made a move."

"..."

Those clamoring to save WorldCom immediately fell silent.

There was a dead silence.

Man, there must be a limit to the head iron!

The $5 billion financial guarantee is actually just a drop in the bucket!

Hundreds of large and small investment banks on Wall Street, including capital from Europe, Asia, and Australia, have already opened their mouths wide, ready to wait, let alone a mere $5 billion, it is $10 billion, or even $30 billion. Funds can also be swallowed up.

Well, the kind that doesn't leave a hair.

Not long after, the meeting ended without a problem.

After the meeting, a state congressman made a phone call immediately to inform him of the contents of today's meeting.

The person on the other end of the phone was very satisfied.

— Benin Monel!

He is a middle-aged man, wearing a gray suit all the year round, with a big belly,

It looks ordinary, the kind that is so inconspicuous in the crowd, but...you ask people in the American telecommunications industry, who would dare to underestimate him? !

Benin Monel was the vice chairman and executive president of the American Telephone and Telegraph Company.

WorldCom, which is now deeply involved in scandal, is the second largest long-distance telecommunications company in the United States. It used to be a billionaire company, so which one is the number one?

That's right!

It's the American Telephone and Telegraph Company!

The company was founded in 1895, and its predecessor was the Bell Telephone Company. The founder of this company is the inventor of the telephone, Bell!

The company was the world's first telephone company, and it has always existed as a monopoly since its establishment. Even in 1984, it was forcibly split into seven companies (commonly known as: Bell Seven Brothers) by the American authorities under the anti-monopoly law. How is the result?

The seven Bell brothers are all monopoly enterprises!

Among them, AT\u0026T is the most powerful company. In the well-known financial magazines such as "Fortune", "New Finance", and "Forbes", the company's ranking has always been in the forefront of the world's top 500.

As of the beginning of 2021, the company employs more than 270,000 people worldwide. A telecommunications company second only to China;

In 2020, the annual revenue will reach more than 180 billion US dollars.

In January 2021, the company's market value was as high as 207.4 billion US dollars, a proper giant company!

"hehe!"

At this moment, Benin Monel, the vice chairman of the American Telephone and Telegraph Company and also the executive president, couldn't help but feel extremely happy after finishing the call.

"happy?"

"Of course I am very happy, this means that the company can take another solid step forward!"

"The state government of Mississippi wants to save WorldCom? What a joke! It's completely overreaching!"

When Benin Monel talked to himself, he was full of disdain for WorldCom.

Of course he has the confidence!

Before WorldCom was deeply involved in the scandal, Benin Monel was a well-known rival of WorldCom, and he suppressed WorldCom all the year round, let alone now.

Now he has made a decision, a decision to make things worse and push WorldCom into the abyss!

at the same time.

Verizon Telecom, Comcast Telecom, Chartered Communications, CenturyLink, and other telecommunications industry giants also received the news immediately, and made almost the same choice as Benin Monel—— Completely beat Shitong to death.

What? !

You said, how did they get the news so quickly?

hehe!

For them, the meeting of the American state government is like a sieve, which is simply undefended!

As time goes by day by day, WorldCom is completely finished!

The former billionaire is just a joke now.

ding ding ding~

Just today, Zhu Ke received a call from the CEO of Gale Capital, Andy Chelop. The content was only one sentence: "The market value of WorldCom is less than 500 million US dollars!"

How embarrassing!

You must know that two months ago, WorldCom was the second largest long-distance calling company in the United States, with a market value of more than 100 billion US dollars, but now its market value is less than 500 million US dollars, and it is still carrying more than 30 billion US dollars. huge debts.

"" can't believe it, the minister's book has written 700 chapters, congratulations~~applause~~