Back To 1995 - Chapter 1038

Chapter 1038 The Ancients Are Here

“America Telecom will acquire WorldCom’s MCI Telecom for a total price of 7.9 billion U.S. dollars at a price of 6 billion U.S. dollars, and will assume WorldCom’s debt of 1.9 billion U.S. dollars!”

“A number of Wall Street institutions have announced to adjust the valuation of American Telecom again. Deutsche Bank Investment Bank analysts estimate that after the listing of American Telecom, the market value will exceed US$100 billion!”

“America Telecom is already the largest telecom group in America!”

A number of Wall Street media began to report on the transaction between America Telecom and WorldCom, and one media made an astonishing report that America Telecom, which acquired MCI, had actually completely surpassed its former owner Telephone and Telegraph Group. America’s telecommunications industry leader.

“I’m not sure when America Telecom will go public, but I believe that day will not be far away. Yes, I look forward to that day!”

In a federal prison in Tennessee, an interview with Iger, who came out of WorldCom headquarters, was being played on TV.

Facing the interview camera, Eiger smiled brightly and laughed a few times from time to time. He seemed in a very good mood, which was in stark contrast to the current president of WorldCom, Sitch Moore, who stood aside.

“Today is a historic day, and everyone should remember this day. We got rid of the nightmare. American Telecom and WorldCom have taken a step forward!”

When he saw that James Crow was also talking to the media, with a “conqueror” attitude, pointing to WorldCom, the old “telecom emperor” who was watching TV finally couldn’t help but put the meal in his hand. The plate fell to the floor.

“Traitor, this traitor, he is also qualified to mention Shitong!”

Bernard Ebes looked at James Crowe on TV and cursed furiously. He only regretted why he didn’t kill this guy at the beginning, so that now let Crowe, a traitor, ride on Shitong’s head. **** shit.

Bernard Ebesbe covered his heart in anger. The news he saw today was worse than killing him, and the last bit of spiritual sustenance was completely gone.

After being sent to the federal prison, Ebbes’s life was pretty good, although the thunder that came out was huge, directly costing New York’s second largest pension fund more than three billion dollars, and causing Michigan’s pension fund to lose 11.6 billion dollars The knife caused the Federal Aviation Administration and even federal defense agencies to follow suit.

But Bernard Ebes was very particular, and he just didn’t cheat his hometown of Tennessee, so after the trial, Ebes was sent to the federal prison in Tennessee. In addition, although Ebes was in jail, his The family is not bankrupt, and still has a large trust fund, insurance, overseas bank deposits, etc. that Ebbes left for them.

The contacts in Tennessee and the management of the family allowed Ebes, who was in the federal prison, to be over 60 years old, so although he was restricted, he lived in a separate cell, did not need to step on a sewing machine, and could work at a fixed time. Received TV, and can see various newspapers and magazines of the latest periodicals every day, which makes Bernard Ebes much better than the gang of leeks who went bankrupt because they bought WorldCom stock. Leek, many are homeless on the street…

After entering the federal prison, Bernard Ebes, who is already in his old age, probably has only sustenance on WorldCom. They all say that WorldCom is a liar, but for him, he is already real But now, the only sustenance is gone.

The news on TV continued, and it was Sitchmore’s turn to be interviewed. Sitchmore tried to force a smile, but he couldn’t.

WorldCom is still alive and has completed its reorganization today. The Federal Bankruptcy Court has approved the reorganization of WorldCom, but WorldCom is also dead. The most important industries of WorldCom, MCI and MFS, still have tens of thousands of kilometers laid All of the lines have been bought out, and the living WorldCom is just an insignificant small telecommunications company in America.

During today’s meeting, the person who called Sitchmore was a supervisor of the Federal Bankruptcy Court. Also, at the end, he quietly told Sitchmore that American Telecom is very important to WorldCom’s reorganization!

Everything seems to be unspoken, but Sitchmore fully understands that WorldCom is dead, and it has already been divided up by various people and powerful people. Of course, Sitchmore can refuse the proposal of the phone call, but the price is, accept In the future, WorldCom’s restructuring plan will not be passed, no matter what method Sitchmore uses.

After selling MCI to American Telecom, MFS Telecom to Telephone and Telegraph Group, and selling all of WorldCom’s most valuable things, WorldCom has finally paid off its debts and can restructure!

“I announce that WorldCom has completed the reorganization. We have made due compensation to investors and the bank and paid off all debts. WorldCom will continue to be listed on the stock exchange six months later to provide better services to users. service!”

Watching Sitchmore on TV, Bernard Ebbes knew clearly that after the reorganization, WorldCom was left with only chicken feathers, with no more than one million users and no lines at all. What else is there for such a WorldCom? Needless to say, Xinshitong probably deleted all the information related to Ebes.

He got up staggeringly, like Ebes in his twilight years, got up staggeringly, and walked towards the cell, his whole body seemed to have lost any vitality.

Ebes is considered lucky. The other one who was squatted in the federal prison with him was not so lucky.

In the federal prison belonging to the city of Houston, a thin, bony man with bruises on his face was wolfing down food that he would never even glance at before. It seemed that he was afraid that someone would ruin his job.

“The global rare animal ecological protection park in Houston officially started construction today. It is expected to become one of Houston’s important attractions after completion. The ecological park is expected to continue to provide 300 to 800 jobs for Houston in the future. , hotels, restaurants, transportation and other industries, generating more than 200 million US dollars in revenue!”

While the man was devouring, there was also news on TV, but he didn’t have the heart to listen to it at this time, he just wanted to fill his stomach and cope with the heavy physical labor that followed.

Just as the man was about to leave the restaurant, which could be attacked at any time, he suddenly heard the words on the TV, which made the man raise his head unconsciously.

“The city government of Houston, once again issued an announcement, announcing the establishment of the Enron Bankruptcy Affairs Committee, which will formally handle matters after Enron’s bankruptcy.

The Bruno Family Foundation donated another 30 million US dollars to the Enron Bankruptcy Committee to help resettle the employees after the bankruptcy of Enron. The total donation of the Bruno Family Foundation has exceeded 100 million US dollars!

“Houston will not give up an Enron employee, and will not let an Enron employee’s family go bankrupt,” Houston Mayor Chuck Rhodes said in an interview with the Houston Chronicle. The most important thing is that he will always stand with Houstonians, will not abandon any Houstonians, and will deal with the bankrupt Enron Group as soon as possible, so that some of Enron’s industries can start working as soon as possible…”

Listening to the report on the TV, the man let out a disdainful bah, he obviously wanted to swallow up the Enron Group’s inheritance, and he did so many fancy things. As far as a man is concerned, watching the news on TV, he can guess the next showy operation between Song Yang and the Houston municipal department.

If someone who is familiar with men sees the appearance of the man at this moment, he will never think that the man who is down and out at the moment is Jeff Skilling, the second most powerful figure in the Enron Group!

Different from Bernard Ebbes, the man who acted as the boy and backstabbed Kenneth, the president of Enron Group, at this moment, Jeff Skilling was very depressed.

After Enron went bankrupt, Kenneth died suddenly. Jeff Skilling became the biggest backer after Enron went bankrupt, but he was different from those executives who entered federal prisons. Jeff Skilling acted as a federal judicial officer. He was a “witness” of the Ministry of Defense, but the identity of the witness failed to protect him. When the judiciary in Houston and Texas refused to let Jeff Skilling go to Washington or New York to go to jail, Jeff Skilling Skilling can only stay in the Houston jail.

Entering this prison, the titles of Erwuzi, traitor, and informer became the labels on Jeff Skilling. Kenneth died, and all the bad things about Enron were pushed to Jeff Skilling. There was even a voice in Lin that Enron’s financial fraud and bankruptcy had nothing to do with Kenneth, but was caused by Jeff Skilling. He was the culprit that brought nearly 10,000 families in Houston to the brink of bankruptcy!

The gods have nothing to do with Kenneth, but the person is dead, and the blame cannot be blamed on Kenneth. In addition, Kenneth never went to court to accept the trial. Instead, Jeff Skilling confessed the crime himself, which led to Public opinion is very delicate.

In this prison, no one has any relatives outside, and they must be more or less involved. It is conceivable how the prisoners in this prison feel about Jeff Skilling. As for the prison gang Members, for the whistleblower, it is even more embarrassing. Jeff Skilling’s family property has also been copied, and even the dollars hidden overseas have been stolen by the banks and pensions that Enron owes money to. The Foundation picked it up and confiscated it.

He had no money, and the Federal Department of Justice also abandoned him. Even the Ella Cherry who approached Jeff Skilling was sent to the federal prison, and there were also two or five youngsters, informers, and traitors. The multiple labels have caused the displacement of many relatives outside the prison, and half of their life savings are gone. Think about it, you know how they will deal with Jeff Skilling!

Since entering this prison, Jeff Skilling has been assigned to the heavy physical work area. As for the pain of flesh and blood, it is even more commonplace. He was once a big man outside, but here is the most humble one in the prison. , Anyone can beat him up, how long he can last, Jeff Skilling himself doesn’t know.

Watching the news on TV, a flash of hatred flashed in Jeff Skilling’s eyes. He knew too many inside stories about the Enron Group and Kenneth, and knew the dark history and shady deals of many big figures, including the Grand Commander. , sometimes Jeff Skilling really wants to break the news and let everyone play it!

But just thinking about it, let’s not say that now he has no access to the media at all, and he can’t even see lawyers. Even if he said how many people believed him, it is still unknown. He was probably sent directly to a mental hospital, and he might even be notified His relatives and friends outside held a funeral for him…

Looking at the TV, thinking of the old days, the figure of Song Yang also flashed in his mind. Jeff Skilling thought of the scene when Song Yang saw him for the first time, thinking about the life Song Yang is living now , Jeff Skilling suddenly laughed maniacally, and then staggered towards the depths of the prison.

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(end of this chapter)

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