Chapter 574
Hearing that Silverman wanted CUC International to admit all the charges and charges, the lawyer was shocked, "If he admits all the charges, then CUC International will face huge fines and claims!"
"Can you get away with these fines if you don't plead guilty to charges?"
Silverman sneered and asked, the lawyer didn't know how to answer for a while, this matter is not something that CUC International Company does not deny, but that CUC International Company is a man-made knife, and it is impossible to avoid being slaughtered One knife.
Looking at the lawyer, Silverman said with a serious expression, "Go talk to the New Jersey court and Walls, and CUC International can admit all the allegations.
But it is required that those crimes and accusations all occurred during the period of Walter Forbes. It was done by Walter Forbes, Anne Paquin, and Ernst & Young Accounting Firm. It has nothing to do with the current CUC International Company!
Now, CUC International is going to initiate a lawsuit against Walter Forbes and Ernst & Young! "
The lawyer heard Silverman's words and knew what he was going to do. He was going to push all the blame on Walter Forbes.
All accusations, charges and so on must be borne by Walter Forbes, and the fine must be accepted, but first, Walter Forbes and Ernst & Young Accounting Firm must be fined and ruined. The remaining fines and claims, CUC International The company admits it.
Silverman has asked professionals to estimate that if Walter Forbes and Ernst & Young Accounting Firms are to bear the fines and claims first, plus the insurance company, then CUC International may only pay a billion dollars in compensation. , compared to the previous sky-high price of 3.2 billion US dollars, it is a lot cheaper. The most important thing is to let Walter Forbes experience the feeling of sitting in prison!
The lawyer swallowed his saliva. He felt that Silverman was a little too ruthless. He was planning to torment Walter Forbes and the others to death. After being released from federal prison, he can continue to be his own billionaire and enjoy his own decent retirement life.
But now according to Silverman's play, even if Walter Forbes still has a chance to come out of the federal prison, it is estimated that he will have a chance to come out when he is sitting on a stretcher and being pulled to the ICU for rescue.
The reason why Silverman chose ICNC TV station is because after revealing the inside story of tobacco, ICNC TV station gradually has a tendency to become a "truth" TV station. More and more American people believe ICNC TV station's report, and its influence is getting stronger and stronger.
This time, ICNC TV station also began to report on the events of CUC International, and made a special report. It also invited professional accountants and executives from the former CUC International Company.
There is only one effect in the whole program, that is to pour dirty water on Walter Forbes and his gang, and tell the audience that all the bad things are done by Walter Forbes and Ernst & Young Accounting Firm, and it has nothing to do with Silverman close!
Not only ICNC TV station, Silverman also invited other media to build momentum. For a while, public opinion began to turn to Walter Forbes, and there were many curses on Walter Forbes.
CUC International also took the opportunity to cleanly admit to all the allegations, but also said "grieved", "The bad things are all done by Walter Forbes and his gang. CUC International and Silverman are also victims. West Worman is willing to pay the fine, but only the bad guys first!"
The whole time was much faster than expected by the outside world. It was almost like the autumn wind swept away the fallen leaves, and the pot was clearly arranged.
The federal court of New Jersey also reported that "8 people, including former CUC president Walter Forbes, chief financial officer Anne Paquin, and two partners of Ernst & Young, were charged with financial fraud, securities Fraud, telecommunications fraud, postal fraud, insider trading and many other charges!"
Subsequently, CUC International also announced a lawsuit against Anne Paquin, and the Federal State Court of New Jersey revealed that Walter Forbes would be in federal prison for 45 years!
Walter Forbes was accused of squatting in federal prison until his death, and the entire family's property was used to pay off debts.
This news surprised everyone. Considering that Walter Forbes is now over half a hundred years old, after forty-five years, it is estimated that there are not many bones and scum, and he basically squatted until he died. Silverman The ruthlessness made many people's hearts tremble.
Not only Walter Forbes, Ernst & Young Accounting Firm, but also two partners were killed this time, but Ernst & Young Accounting Firm escaped by cutting off their tails and admitted to losing money. In addition to being fined a large sum, they also paid compensation to He paid Silverman $350 million, but in exchange, the Department of Justice, the Federal Securities Commission, and the Federal Court of New Jersey will no longer investigate Ernst & Young accounting firm.
Watching the reports on the TV station, Jeff Skilling's villa in Houston, where Song Yang had been, was completely silent.
Watching on TV, Walter Forbes, who was staggered and dragged away from the car by the federal police in shackles, Jeff Skilling and Kenneth both faced sink like water.
I am afraid that only they know what they are feeling at this time. The big melon exposed by CUC International has already shocked the entire Wall Street. The financial fraud of 1.6 billion dollars has already set a record, but compared to Enron …
Rao is Jeff Skilling with a strong nerve, so he couldn't help taking a few gulps of wine at this time to suppress his agitation.
Turning his head, Jeff Skilling saw Kenneth's eyes showing a sad expression. Kenneth didn't know if he would suffer the same treatment as Walter Forbes one day in the future. Being dragged into the federal court in front of the media and countless people like a dead dog!
"I will never be like Walter Forbes, I am Kenneth!"
Kenneth suddenly pointed at the TV, yelled loudly at Jeff Skilling, and then slumped on the sofa as if deflated, "If that day comes, I will not accept anyone's trial, I will choose Another way, end it all!"
"Kenneth, you are not Walter Forbes, and I am not Anne Paquin. The Enron Group will not fall. Believe me, we will enter the next century together." Jeff Skilling said to Kenneth , put a glass of wine in front of him.
Kenneth took a few sips of wine, "Do you want to transfer David Duncan and Anxinda's people out of Enron..."
Like CUC International, Enron's financial department is also controlled by Axinda. David Duncan, the president of Axinda Houston, is Enron's financial advisor.
Comptroller, financial reporting supervisor, consolidated statement manager, etc. of Enron's many financial departments are all from Anxinda, Jeff Skilling, who can make the accounts so beautiful is inseparable from the guidance and help of David Duncan.
"Now is not the time to let David Duncan and An Xinda leave, Enron Finance needs the support of An Xinda!"
Jeff Skilling shook his head and said, kicking Anxinda away now, besides telling the outside world that Enron has financial problems, what else can I say, leaving Anxinda's cover, Enron's thunder will explode tomorrow .
Now Enron Group and Anxinda are grasshoppers on the same rope, and no one can do without the other.
Kenneth also understands this, but his expression is still ugly, looking at Jeff Skilling, "Jeff, I hope you can handle the financial problems of Enron Group, I don't hope, one day, I will be like Walter Like Forbes."
Seeing the slightly bleak figure when his Bole left, Jeff Skilling's eyes flickered, and he didn't know what he thought of. After glancing at the figure on TV, Jeff Skilling felt that it was time to prepare some It's time for the second hand, dead friends don't die poor people, something happened to An Ran, Kenneth can't escape 100%, but he still has a chance...
Early in the morning, Cameron took to the streets of Chicago. Today is the release date of "StarCraft". Woke up a little early today.
But when he passed by that familiar game retail store, Cameron was dumbfounded.
(end of this chapter)