True to his word, Lao Bai handed Dong Qiangqiang a short-distance tour group for a one-week tour of Germany two days later. The tour route was similar to the previous itineraries.
Compared to a year ago when he was walking on thin ice, Dong Qiangqiang is now quite experienced. It’s easy to rent a car, choose attractions and alternative attractions suitable for your route, and determine cost-effective hotels, discount villages, and shopping stores.
Before departure, Lao Bai informed Dong Qiangqiang: In order to register a new domestic company, he found a domestic industrial and commercial agent, but there was something wrong with the agent. The registration process was not successful once, and some procedures needed to be completed, so he had to stay in Hannover. In order to cooperate with the domestic solution to the problem, he did not follow the car this time, and Tong Lele served as the full tour guide.
Dong Qiangqiang left the keys to his home and mailbox with Lao Bai, and told him to take care of his parrot and check his mail every day. At the same time, he repeatedly stated that he must notify him as soon as possible whether he received a rejection letter or an acceptance letter, and Lao Bai naturally agreed.
Summer is the peak season for traveling in Germany. The gloom of winter completely disappears. Most of the time there are bright and sunny days. There are occasional showers or thunderstorms, but the temperature is not low.
Due to the lengthening of summer daylight hours, almost every city will organize a variety of outdoor activities, such as the Oktoberfest, Summer Carnival, Fireworks Festival, Music Festival, and Opera Festival, which are the most basic and common festivals, while such festivals as the Chocolate Festival and Sailing Festival Festivals, folk costume festivals, fishermen's festivals, herders' festivals, chefs' festivals, sausage festivals, grape festivals and other strange outdoor festivals with strong local characteristics will also appear inadvertently when people travel to certain places.
Everyone went to the most beautiful cities in Germany, and Tong Lele was nice and sweet, and knew both art and shopping. The feedback from the male band members was quite positive and enthusiastic.
It’s just that Dong Qiangqiang was only thinking about the university notice and had no interest in the scenery or shopping. He wanted to call Lao Bai three times a day for fear of missing the notice, which annoyed Lao Bai and finally stopped answering his calls. Give up.
Of course, this short trip was not without its benefits. The advantage of a self-driving tour is that you can arrange your own route. He also arranged for everyone to visit universities in the corresponding cities, both business and private. Of course, they were all universities that Dong Qiangqiang had applied for. Although he couldn't walk around in detail for most of the day, it was still better than nothing. It finally gave him a glimpse of the universities he had applied to.
In addition to the university notice that worried Dong Qiangqiang, he was also worried about catching cicadas.
The U.S. stock market is still in turmoil.
After financial scandals broke out one after another in important companies in the U.S. communications industry, such as WorldCom, Global Crossing, Adifer Telecom and other companies, another fraud case broke out in the U.S. communications industry. Quest International Communications, a listed company ranked fourth in the industry, issued a statement admitting that it illegally falsely reported profits of nearly US$1.2 billion through improper financial means between 1999 and 2001. Although the amount involved was only one-fifth of the previous Xerox financial scandal in the United States, the market at this time could no longer withstand any heavy blows. Angry investors went to Wall Street to hold a banner demonstration, attracting a large number of media to follow.
The Quest financial fraud incident accelerated the implementation of the Public Company Accounting Reform and Investor Protection Act of 2002. Prior to this, because the bill involved too many relevant stakeholders, although it had been more than five months since it was proposed and had gone through dozens of discussions, revisions and wrangling between the Senate and the House of Representatives, it was still not possible for the relevant parties to completely reach an agreement. Under the education of wave after wave of fraud, the Senate and the Senate finally "recognized" that the U.S. stock market has reached the edge of the cliff and is only one step away from a complete collapse. Under the competition of various forces, the "Sarbanes-Oxley Act" finally came out after being long-awaited. It was finalized on July 30 and signed by US President Bush, officially taking effect and becoming US law.
Duanmu was indignant. He had contacted the company in the United States before and even made preliminary adjustments to the company Quist, but at the last moment he chose it out of his investment basket because he was not sure. After missing out on the perfect opportunity to make money, Duanmu couldn't help but sigh and lament that he was not destined to make a fortune.
Duanmu and Dong Qiangqiang have been eagerly awaiting Vivendi's second quarter report since early July. However, Vivendi was well aware of the market sentiment at this time. Instead of releasing the second quarter report at the end of July as usual in previous years, Vivendi issued a statement to postpone the release of quarterly report. , seems to be deliberately challenging the limits of investors' patience.
What surprised the two of them even more was that the one who was supposed to make a move did not make any move, while the one who was not supposed to make a move so early actually made a move first.
Munich Re and Swiss Re released their second-quarter reports back to back.
In line with Wall Street's expectations, both insurance companies experienced varying degrees of financial losses, with Munich Re's losses even exceeding Wall Street's expectations.
Germany is a country where insurance is compulsory for all people. With the vigorous advancement of Germany's domestic health care reform, especially the policy adjustments in medical appointments, post-medical care and nursing laws, insurance companies must set aside funds every month. More funds are available for medical reserves than before. Under the pressure of continued growth in expenditures brought about by 9/11, higher reserves will undoubtedly make matters worse for Munich Re. Under such circumstances, the amounts of some insurance packages have not surprisingly increased tentatively to varying degrees. The German media immediately noticed this small move and immediately set off a heated discussion about premium increases and medical reform. As the regulator of insurance companies, the German Federal Social Security Administration has not made any comments on the financial status and premium adjustments of a group of insurance companies such as Munich Re.
But the comments on the German secondary market are much more direct and straightforward: you raise yours, I'll lower mine.
In this way, the stock price, which was still hovering around 240 euros per share in early July, was instantly smashed with the release of the second quarter report. The financial sharks who smelled the smell of blood took action and concentrated on short selling until the last transaction in July. On that day, the stock price was less than 180 euros per share, and the trend was still downward.
While Munich Re's stock price plummeted, the price of put options continued to rise. Although Munich Re's initial investment was not as large as that of Vivendi and Southern Health, the temporary income far exceeded that of Vivendi, which made Duanmu very pleased.
With the two reassurances of Vivendi and Muriel, it became less challenging when Chanchan's investment income exceeded 500,000 Eurotons this year. Seeing that the bet with Anderson was achieved so easily, Duanmu's mood about missing Quest gradually improved. .
As the saying goes, what you lose in the east is what you gain.
Until Dong Qiangqiang put the tour group on the plane back to China, he didn't wait for Lao Bai's call. Instead, he got the news that Duanmu was going to the United States again.
"Why did you go to the United States again?" Dong Qiangqiang asked.
"I came back to investigate the problems of the European subsidiaries of American listed companies. Now that the investigation is almost complete, I have to go there to report the situation."
"How long will it take to go this time?"
"If the company doesn't assign new jobs, I'll probably be back within a week." Duanmu explained the two situations in one sentence, "That's what I think. I'll try my best to make time to chat with Wall Street investment funds. If I really want to kick Anderson out in the future, If Andreessen gets kicked out and becomes angry, it might damage the money we get from other investment funds in Germany, and I have to guard against it."
Dong Qiangqiang didn't know much about financing as Duanmu, so he couldn't make any suggestions and could only agree.
"After the promulgation of the Sarbanes-Oxley Act, we are not sure whether the U.S. stock market will continue to fall or bottom out, so you should try your best to read the market every day and communicate by phone at any time if there is any situation, regardless of the time difference." Duanmu warned.
"I have an idea. If possible, you'd better meet the founder of the 'Stock Lemon' website and talk to him. I've read all the short-selling reports he wrote, and I think this guy still has something." Dong Qiangqiang solemnly suggested, "If you can see him, you can also inquire whether he has programmers, how many, etc., we can learn from it."
"This shouldn't be difficult. Has Hans's friend not done anything yet?"
"I haven't been able to get in touch."
"Is there any progress in hiring?"
"I have posted on many websites and forums, but no one has sent my resume so far. In fact, I have wanted to tell you for a long time. You know there are thousands of listed companies in the U.S. stock market, and it is up to me to check them one by one to see if they are Arthur Andersen. For historical customers, the progress is too slow. I want to find a few interns, each of whom can work for 400 euros per month. This can make the efficiency higher, what do you think?"
"You are also the founder of the company," Duanmu was in a good mood after making money in Mu Zaishang, and agreed very readily, "In the future, you can decide things like this yourself."
Dong Qiangqiang returned home anxiously. While returning his keys, Lao Bai also handed a large pile of mail into his hand.
He sifted through it carefully. There were insurance bills, bank bills, phone and internet bills, and various junk advertisements. There was everything there, but there was no letter from a German university, not even a rejection letter.
Sometimes, no feedback is more painful and irritating than outright rejection.
Looking at Dong Qiangqiang's pickled face, Lao Bai asked quietly: "Do you have time on the weekend?"
"Are you in a group again?" Dong Qiangqiang asked in surprise.
Lao Bai shook his head and asked with a wry smile: "I've already given you one, so why don't you keep it to yourself? How stupid are you?"
"Then you ask me if I have time..."
"Come with me to relax."
"Relax? What's wrong with you?" Dong Qiangqiang was confused.
Lao Bai was silent for a few minutes, with a lonely look on his face, and said half-seriously: "If you leave, I won't have anyone to talk to in the future."
Dong Qiangqiang just wanted to tease him, "It's hard for you to find a girlfriend," but when he said it, he felt it was inappropriate and changed his words: "Isn't there a phone? Besides, Lele and Lei Lanting are also here, and in case there is no need to go to college. I, I still have to follow you to take care of Lebai."
"That's right. If you want to study economics, you might have to wait for a few semesters..." Lao Bai deliberately ran against him.
"Sir, can't you say something auspicious?" Dong Qiangqiang pretended to be angry, "Hurry up, where do you want to relax?"
"Just set aside some time," Lao Bai said deliberately, "You'll know then."
"Are you driving? If you have to go far, I have to do some maintenance first."
"No, the train goes back and forth."
"Just the two of us? Or should everyone be called in?"
"Scream all you can." Lao Bai waved his hand, "While you are still here..."
"This sounds really awkward..." Dong Qiangqiang complained, "You are increasingly unable to speak with your broken mouth."
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