Enron Corporation, now Blue Star's largest energy, goods and services company, ranks seventh on the Fortune 500 list and is headquartered in Houston.
The entire company has more than 21,000 employees. In 1998, its disclosed revenue exceeded 100 billion U.S. dollars. It has been named "The Most Innovative Company in the United States" for six consecutive years.
Well, Chen Yi believes that Enron is indeed very innovative, and its accounting is very innovative. Through accounting, it has increased its stock price to more than fifty times its book profits.
If it is truly unprecedented, only Accountant Jia and a certain coffee chain can compete with it later.
However, although the Qinglong Study Group knew that Enron was making false accounts, how to report it was also a technical task. If it was reported directly, the effect would not be very good.
Malatang, who has a lot of experience in doing accounting, understands a truth. Don't worry about how the accounting is done or how many holes are left. As long as it can be filled in for the time being, it is not a problem. The most fearful thing about making false accounts is that the east wall has just been demolished. Something happened on the east wall, so he put forward his own opinions on it.
"Boss, Enron has Arthur Andersen, one of the five major accounting firms of Blue Star, to endorse him, and the capital flow in his hand has not been transferred yet and can be used to fill holes, and some members of the U.S. Congress also have a share in it. , they have sufficient means to deal with it if it is exposed rashly.
So this time we have to kill them with one strike without giving them time to react. "
Military Advisor: "Many people from the Niu Kingdom are also involved, and..."
boss: "And what?"
Berlin: "That, boss, have you forgotten?
We actually have a copy in it, just for money laundering. If you don’t believe me, ask Malatang. . . "
Chen Yi was speechless for a moment. What is this? Am I going to report myself?
Boss: "Mala Tang, have you all cleared out?"
Malatang: "Don't worry about this. Ever since we couldn't print U.S. dollars, I started to clean my hands and tails, and now I have completely removed them."
Professor: "Enron is related to too many people, and it is not just Enron. WorldCom, the second largest long-distance phone company in the United States, and Global Crossing, a series of heavyweight customers audited by Arthur Andersen, may all be using Andersen. Make false accounts for their endorsements.
Enron is just one of them, and it is the one that has the deepest connection with Andersen and is easily detonated. As long as Enron's false accounting scandal is exposed, it will have a series of chain reactions. The giants in the United States who are responsible for the audit work of Andersen will also Several companies will go bankrupt.
As far as I know, WorldCom's stock market value is as high as more than 160 billion U.S. dollars, but its actual assets are only more than 10 billion U.S. dollars. This is much more serious than Enron's 80 billion U.S. dollars. It will take at least half a year and a month for them to withdraw. come out. "
boss: “So you’re saying that all the stakeholders who relied on Arthur Andersen to provide false audits, except us, are still retreating?”
Professor: “Yes, the United States will not let these giant companies have trouble before the subprime mortgage crisis breaks out. I even suspect that all parties in the United States are ready to let these scandals break out together with the subprime mortgage crisis.
At present, all parties involved in subprime mortgages in the United States have not yet reacted, and are still relying on subprime mortgages to collect rent. I estimate that a few people will be wary of Enron. "
At this time, all members of the Qinglong Study Group recalled information related to Arthur Andersen and Enron.
Arthur Andersen LLP is a leader in the global professional services industry, with 85,000 employees in 84 countries and more than 2,000 partners, 616 of whom are from outside the United States.
The business mainly relies on its comprehensive and in-depth professional skills, experience and knowledge in the fields of corporate consulting, auditing, taxation and corporate financing to provide customers with integrated solutions and provide legal consulting services in some countries and regions.
Andersen has been auditing Enron since 1985. In addition to pure auditing, Andersen also provides internal auditing and consulting services. Four years ago, Andersen also signed a supplementary agreement with Enron, and Andersen took over Enron's Not only that, but also the external audit work, Enron's consulting business is also all handled by Arthur Andersen.
More than 100 of Enron's employees came from Andersen, including senior staff such as the chief accountant and financial director, and half of the directors on the board of directors had direct or indirect connections with Andersen.
This is just Enron. Andersen's other heavyweight customers are probably not much better.
Boss: "Then let's start now and directly expose An Ran's tricks!"
. . .
On July 29th, the melon-eating crowd of Blue Star had just spent this hard-earned, short and peaceful week, and then they were forced to stuff a big melon into their mouths.
“Greedy Andersen Board of Directors!
You may think you are the smartest people in Blue Star, but now you have met your match.
We are Anonymous. We have a large number of people all over the world. Wait, everything about you and Enron is under our control. Now we will let the truth that you have covered up be made public to the world! "
On mainstream social media and video websites such as Renren, Facebook, Twitter, Blue Space, and You Tu Tie Bi, an account claiming to represent the Anonymous hacker organization released a manifesto and left a compressed package. All of them were immediately devoured. People all over the country rushed to download it.
In less than fifteen minutes, video and social software affiliated with Silicon Valley directly blocked the post. However, Renren and Blue Space remained the same, so all the melon-eaters moved to the latter two to download files.
As soon as a series of files in the compressed package were released, the world was in uproar.
The Anonymous hacker organization is the world's largest hacker organization and the world's largest political hacker organization. It is home to many prank-loving hackers and gamers who support network transparency.
"Anonymous" is a loosely organized but large-scale international hacker organization. Hackers mostly choose to join it out of their love for computers.
Anonymous is heavily involved in speaking out on international affairs.
Because this is a good organization to fish in troubled waters, Chen Yi also thinks that this is just a group of energetic kids gathering together to play the game of Justice.
They have their own website and IRC (i.e. Internet Relay Chat) channel, and often hold meetings online to brainstorm a certain issue. Instead of issuing orders to members, the organization uses a voting system, after a series of complex weight calculations. to decide how to do things.
Basically, it is very simple to join this organization. There are no dues, qualifications or ceremonies required, just a symbolic oath.
In the process of making a series of big news actions, there is no fixed leader. Today it is one group of people who will do it, and tomorrow it will be that group of people.
The members of the Anonymous organization advocate freedom and hate systems and hierarchies. The driving force that brings this group of people together is not the system, but interest.
This time it was just people from the Qinglong study group who joined the Anonymous organization who published articles.
Anyway, everyone in Blue Star knows that this is a group of naughty kids who never abide by procedural justice and like to play pranks, but this time things are a bit more serious.
After all the people decompressed it, they discovered that these documents were thousands of pages of documents about Enron owned by accounting firm Arthur Andersen.
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