It can be said that Kenneth and Jeff Skilling watched Song Yang step by step to where he is today.

If Enron has been making rapid progress in the past two years, then Song Yang is almost comparable to a racing car in F1. He does not step on the brakes all the way and directly steps on the accelerator. In less than two years, from an unknown person to a

Now his net worth is rumored to exceed one billion, and he will soon have his first listed company in his hands!

Song Yang glanced at the people below, "Thank you all for being able to attend America Telecom's first general meeting of shareholders, and thank you for everything you have done for America Telecom!"

"Today's shareholders' meeting is mainly about two things. The first one is about cooperation with Telephone and Telegraph Group." Song Yang glanced in Best's direction. "In the future, the two companies hope to jointly operate telecommunications and networks."

Service business.”

"The second thing is about the future development plan of America Telecom, which needs everyone to vote together!"

After all, America Telecom still has a number of shareholders. Although as a major shareholder, Song Yang can directly bypass them and make decisions, he still has to go through the process. After all, Song Yang still expects these shareholders to continue to spend money.

America Telecom.

"Of course, before we start, I need to explain that if any current American telecom investors want to exit, they can exit now!"

This is mainly aimed at several investors when America Telecom was established. America Telecom will definitely invest more and more, the number of investors introduced will continue to increase, and the risks will increase exponentially. At this time, it is undoubtedly a next step.

The opportunity for trains and the line from Chicago to Wall Street has made enough money for America Telecom.

You will definitely not lose money if you get the dividends and get off the car. Like Eric, the director of Comerica Bank and Comerica Bank, in more than a year, the money earned from investing in America Telecom has increased at least ten times.

Already.

The current major shareholder of America Telecom is Song Yang, who currently holds 72% of the shares of America Telecom. The second largest shareholder is Comerica Bank, which holds 10% of the shares. Eric and Comerica director Kaili Mai

Asia, each holds a 5% stake in America Telecom.

Now add to the fact that Kenneth holds 5% of the shares of America Telecom and another 3% of the shares. This is the current major shareholder of the entire America Telecom.

Before accepting investment from Enron and cooperating with the Telephone and Telegraph Group, Song Yang had to pay out a large sum of dividends. After the spoils distribution meeting, he would reorganize America Telecom.

If they don’t pay dividends, Enron and Telephone and Telegraph will be too cheap. Song Yang has worked hard for more than a year, taken so many risks, and fought with WorldCom. Why the hell would he give Telephone and Telegraph to him?

Making a wedding dress?!

When Song Yang said he wanted to withdraw, he was mainly saying to Eric, Kerimaia behind Jain and Comerica Bank that after the huge dividends, they had already made enough money and there was no need to take risks in the future.

Take responsibility again.

When he heard that before cooperating with the Telephone and Telegraph Group, Song Yang was going to be the first to receive dividends, Best frowned, and then returned to normal. What Song Yang did was certainly not authentic, but now the Telephone and Telegraph Group was not a shareholder of America Telecom, even if it was tomorrow.

Even though she knew it was a sex act, she couldn't say anything.

This kind of cunning operation is not uncommon among listed companies. Just like some listed companies, they keep crying about poverty, and then go to the bank for a loan, borrowing 2.5 billion in one go. The next day after receiving the money, they immediately announced that they would give back to all investors.

Dividend two billion in one breath...

Dividends are definitely not for Little Leek, and those who get the most are definitely the major shareholders. Little Leek will probably burst into tears when he sees this operation.

It's okay to take a loan from a listed company and pay it directly to the major shareholder. The debt belongs to the company, and the money belongs to the major shareholder. You don't have to pay it back, and even the tax you pay is discounted. This operation is almost impossible.

It's full.

Knowing clearly that Song Yang was a slutty manipulator, Best couldn't say anything and could only watch. Enron, who was preparing to invest US$500 million in American Telecom, didn't say anything.

It's damning that Kenneth and Jeff Skilling can object. They are already shareholders of America Telecom. The higher the dividends of America Telecom, the more they get. They use tens of millions of dollars to exchange for so many dollars.

Hundreds of millions, no devil would want it!

As for whether Enron suffered losses or not, Kenneth and Kenneth didn't care. No matter how much money Enron made, it wouldn't go directly into their pockets. America Telecom was paying them directly, and they could clearly distinguish their priorities.

"Song, Rick will not quit America Telecom and will always support you!"

Eric said with great loyalty. Looking at the top 300 American companies such as Enron, Telephone and Telegraph Group, and Comerica Bank in the conference room, Eric felt the pressure.

Among the shareholders of America Telecom, it is obvious that the investors are becoming more and more famous. Even if Rick is the leader of America's largest nightclub group, it is simply not enough in front of companies such as Enron.

Eric knew that if he wanted to continue to reap the profits from American Telecom, he could only cling to Song Yang's thigh. How could he lose his legs after tasting the sweetness?

"Comerica Bank will not withdraw from cooperation with America Telecom, and Director Kerimaia is willing to support you Song forever!"

Chris Jain said with a pun, not only on behalf of Comerica Bank, but also on behalf of the boss behind him, Kerimaia.

Just kidding, I don’t see America Telecom’s balloon getting bigger and bigger. Although the water is a bit high, the potential is visible to the naked eye. How can Kerimaiya quit and find another profitable investment opportunity like America Telecom? I don’t know that it will have to wait until the Year of the Monkey and the Horse.

Seeing that everyone was unwilling to quit, Song Yang said no more and gave them the opportunity to get off the pirate ship. They didn't cherish it. What if one day, the American Telecom ship was driven into the ditch by Song Yang?

, they can’t blame Song Yang.

“The board of directors of America Telecom has decided that after excluding costs, working capital, prepayments from partners, and rewards to all personnel of America Telecom, it is expected to use 65% of profits to distribute dividends to investors of America Telecom…

"

In the end, Song Yang relented and became a little thin-skinned. He did not have the heart to dig up all the leek roots and left a sum of money for America Telecom, but did not completely empty out America Telecom.

After excluding the line cost of 300 million U.S. dollars and various expenses, Song Yang reserved a cash flow of 600 million U.S. dollars for America Telecom so that America Telecom can maintain and upgrade the Chicago line.

And 65% of the profit was distributed as dividends. This was the profit of the Chicago to Wall Street line in the next five years. Song Yang divided it in one go. It is expected that Song Yang, Eric, Kerimia, Kenneth, Jeff...

Skilling and Comerica Bank will jointly share $2 billion!

As a major shareholder, Song Yang is expected to receive a dividend of about US$1.4 billion. This will directly double Song Yang's net worth, and it is a cash flow!

Eric also looked overjoyed. His net worth has also skyrocketed. The key is how much money he invested in America Telecom. Several million dollars were exchanged for a cash return of nearly 20 to 30 times, and America Telecom's valuation of tens of billions of dollars made him

His net worth has plummeted to about 700 million US dollars.

Even if he is bloated, Eric has begun to touch the threshold of the billion-dollar club. When Rick was listed before, the valuation was less than 100 million U.S. dollars. You can imagine how much Eric earned this year.

!

Jian looked at Eric. It would be ridiculous to say he was not envious, but he had gained a lot. In addition to Song Yang and Kerimaia giving him a reward, he was in Comerica Bank.

This time it can be said that it has skyrocketed.

Hearing about this dividend gave Best a new understanding of America Telecom's profitability. Compared with traditional telecom operators, America Telecom is no different from robbing money.

And five years later, as long as this line can maintain its advantage, it will probably be able to cut Wall Street's leeks for another five years. This line alone will make America Telecom second only to the major telecom giants!

However, Best was not surprised that Song Yang, Eric and others were happy, but the two An Ran people, Kenneth and Jeff Skilling, also had charming smiles on their faces, which puzzled Best.

America Telecom is stealing Enron's money, but these two people are actually a little happy?!

Glancing at Song Yang, Kenneth, Eric, Jain and others, Best couldn't help but have an idea in his mind, the Houston consortium, the people in front of him are all from Texas and Houston, and they have joined the group, there are already

A bit like Houston United.

After coughing, Best said to Song Yang, "Song, once America Telecom reaches cooperation with Telephone and Telegraph Group, I hope that America Telecom can introduce accounting firms and other audit institutions!"

Best was trying to prevent Song Yang from doing this again in the future. The Telephone and Telegraph Group couldn't bear it, so he vaccinated Song Yang in advance. In the past, America Telecom was Song Yang's own. What he wanted to do, the Telephone and Telegraph Group had no control over, but with

After the Telephone and Telegraph Group cooperates, it must start to enter into the formal planning and no more frivolous operations.

At this time, Kenneth seemed to finally remember that he was the president of Enron, and said the same, "Enron also agrees with this proposal, and a professional auditing company should be introduced. I recommend Arthur Andersen, which is an old friend of Enron!"

"

"After America Telecom completes its reorganization, it will introduce professional managers, audit institutions, and legal cooperation companies. I can guarantee that major shareholders will not interfere at will with the operations of America Telecom."

Song Yang said obediently, saying that he would stop after America Telecom completed its reorganization, but asked Andersen to be responsible for the audit of America Telecom or something like that. Song Yang did not answer the call. With this thing, it would be better for Song Yang to do it himself.

Woolen cloth.

After the spoils sharing meeting ended, the entire conference room began to enter the focus of the day.

"President Best, I still have the same proposal as before. I think Telephone and Telegraph Group should jointly operate telecommunications business with America Telecom!"
Chapter completed!