Chapter 1091: This is evidence

After Feng Yu’s map cannon was released, Nasdaq’s stock fell faster, and many people were checking, Feng Yu’s blue-chip company that made false accounts.
At this time, Enron’s executives began to panic. Others did not know which company Feng Yu said, but they knew it.
These executives, at this time, through the company's internal news, a lot of speculation about the company's stock, and thus profitable. Even some executives are willing to borrow money to stocks, because they are too good to earn.
Enron’s chief financial officer also secretly set up an investment company with friends to raise the shares of Enron with hundreds of millions of dollars raised. Anyway, they are sure to make a profit.
Investors who don’t know the stock of Enron’s stocks have to pay for these mistakes.
At this time, they are still fortunate that Enron’s business will not be discovered. So many people have not found out, how can Feng Yu discover it?
They are Enron, but the most innovative company selected by Fortune magazine for several consecutive years. This year, it was rated as the 100 best employers in the United States. Looking at the luxurious office of the company, it is envied by many people. .
Under these beautiful appearances, who knows that our company has financial problems? "Fortune" magazine does not know, Feng Yu knows what?
He is definitely not us, and it is not Microsoft. After all, Feng Yu is a former director and shareholder of Microsoft. If Feng Yu discovered Microsoft’s financial fraud, how was he kicked out of the board?
Well, it must be like this!
......
The reporters couldn't interview Feng Yu, so Jack took the opportunity to make an appointment and wanted to get an exclusive interview, even if it was just a telephone interview.
What surprised him was that Feng Yu even agreed!
The TV station immediately began to publicize the incident and said that the interview recording was broadcast immediately after the interview. At the same time, it began to sell resale rights with major media, and once to make a profit.
"Mr. Feng, hello, I am Jack, remember me?"
"Of course, remember that it didn't take long before the last interview?" Feng Yu said with a smile.
"It is my pleasure to be remembered by one of the world's top richest and one of the most talented investors. Mr. Feng, today's interview is mainly to ask, you said last time that the blue chip stocks have the company's finances. Is it fake?"
Jack is yelling in his heart, answering yes, answer quickly.
"Yes."
Jack held back his inner excitement and continued to ask: "So I can ask, which company?"
"Of course, it is Enron." Feng Yu replied.
He has already ordered people to sell stocks of Enron, and now Enron’s stock has fallen, just in line with his interests. And Enron’s stock price plummeted, causing investors’ distrust of the entire rice market. Blue chip stocks have this problem, let alone other companies.
Once the crisis of trust occurs, it is not so easy to settle.
The TV station at the top of the phone is completely dumbfounded. Which company? Enron company? How can this be!
Enron’s executives also announced yesterday that Enron’s share price will double, which will bring lucrative returns to investors. How does Feng Yu say today that Enron is the financial fraud company?
"Mr. Feng, you said so, is there any evidence?" Jack's voice was a little trembling.

Do you know finances? Do you know the law of Benfu? That is to say, from the data obtained from a bunch of real life, the probability of the number led by 1 is about 30%, and the number headed by 2 appears. The probability is about 17.6%, and the probability of the number headed by 3 is about 12.5%... And the financial data released by Enron clearly does not conform to this law, so they say Financial data is bound to be fake!"
Jack and the other TV executives looked at each other and looked awkward. What is Feng talking about? Benfu's law? They are completely unclear about the probability of the problem.
It was also the prince of Yingming, who immediately called the chief financial officer of the TV station to let him explain why this law of blessing is reliable. Don't report them out, but it becomes a joke, then you have to bear the anger of Enron!
"Okay, I still have something, this interview will end."
After Feng Yu hangs up the phone, the leader of the TV station is surrounded by the chief financial officer. The chief financial officer nods. This Benfu law has certainly been heard, but this does not seem to be evidence?
So they consulted some professional financial personnel and auditing companies, only to know that Benford's law has not been widely adopted, but it is indeed an effective means of auditing. If you modify the data, it is very likely to be detected.
After the interview, the live broadcast, how can the TV station do this, it is just talking about it. They contacted other media, sold the rights to broadcast and reprint, and prepared to make a series of programs on the phone.
Of course, you can earn more by inserting some advertisements during the period.
......
"Feng Yu said that Enron is the financial fraud company in his mouth!"
"Enron's financial fraud, Feng Yu said there is evidence!"

Enron’s finances don’t meet Benford’s laws, and that’s the evidence!

......
Feng Yu once again occupied the headlines of many newspapers, and his telephone recording interviews were once again broadcasted by many media, so that more people know.
Some people believe, but more people still don't believe it. Even many people do not know this so-called Benfu law. Is there any probability of this data?
Feng Yu said, of course, not enough to serve the public, after all, Feng Yu is not a professional financial staff. However, Feng Yu also invited two famous professors from the Harvard Business School in the country to give them a written statement that the financial statements of Enron did not meet the law of Benford, and must be fraudulent!
After the publication of these two professors' articles, they were quickly reprinted by many media. The two of them used their own personality and God's guarantee. What they said is true. Enron Company is indeed financially fraudulent!
This time, caused an uproar.
As a blue-chip stock, Enron’s stock has started to fall, and all investors have begun to sell Enron’s stock, and even include Enron’s executives.
They are too aware of the authenticity of the news. Once it is checked, the facts can never be concealed.
The same panic is Citibank, , etc. They have frequent financial contacts with Enron, and they are really unclear about Enron’s financial problems.
......
The cold is too tm uncomfortable, the whole person is not motivated, but also sleepy (to be continued.)