Back to 1995

Chapter 1053
"Dynaki Power Company, withdraw from all transactions with Enron Group, Enron Group is simply a paper building, I don't see that Enron has any transaction value.

Any deal with Enron is a disaster! "

After leaving Houston, Richard Watson announced in the media that he would withdraw from all transactions with Enron Group, would no longer acquire Enron Group, and would not participate in Enron Group's bankruptcy auction, which could be very different from before.

According to Richard Watson's tone, it was Dynaky Power who looked down on Enron's "leftovers", not Dynaky Power, which failed to share the fat of Enron's legacy at all.

Regardless of what Danaki said, the auction held by the Enron Bankruptcy Committee led by the Houston municipal government was still held in a hotel in Houston as scheduled.

Song Yang did not go to the auction site to hold a placard in person. Instead, Marcus and Lorenzo Simonelli, the president of Baker Hughes Energy, participated. The presidents of the oil and energy giants did not participate in person, but They all sent their representatives here, just to complete this gluttonous feast within the minimum range of influence, so as not to be targeted by the media and cause troubles.

After all, if the media reports too much and gets the attention of the public, they will be able to see the huge industry left by Enron. Enron's natural gas pipelines with a total length of more than 3 miles in the United States were unexpectedly purchased by Baker Hughes Energy Company for less than 60 Bought for US$45 million, the top three power generation equipment and transmission lines in America were also acquired for less than US$[-] billion!

As for construction costs and renovation costs, the Anron headquarters building, which cost at least US$50 million in total, was purchased by Baker Hughes at a price of US$[-] million. Enron's natural gas and oil pipelines in Brazil cost at least US$[-] million. [-] billion U.S. dollars, now being acquired by Exxon Petroleum for less than a billion U.S. dollars!

You must know that Enron's natural gas and oil pipelines all over the world are still in use, and it can almost be said that it is lying to make money, and now they are all divided up.

There are countless examples like this. After most of Enron's huge debt pressure was eliminated, what remained of Enron was a huge piece of fat. The meeting in the small restaurant yesterday was a spoils-sharing meeting to determine the status of the major companies. How much fat can be taken away, and today's auction is just a process!

"Enron Group held a bankruptcy auction meeting today, including Enron's headquarters building, natural gas pipelines, oil transportation pipelines, power stations, as well as Enron's overseas and local minerals, media printing companies, telecommunications businesses, chemicals, and many other companies. Completed, the total transaction amount exceeded US$280 billion!

Mayor Chuck Rhodes, head of the Enron Bankruptcy Committee, announced that the former Enron employees located in Houston and other places will resume work in the near future and will be compensated accordingly.

The proceeds from the bankruptcy auction will all be used to repay Enron's debts and the aftermath of employees, and the Texas City Hall, federal tax agencies, and federal bankruptcy courts will be invited to jointly supervise the auction proceeds! "

Austin, the capital of Texas, watched the news on the state TV understatement that Enron was completely divided up. Adrian, the current head of Texas, smiled at the director of the state office, who was also his staff Matthews said, "Chuck Rhodes is getting more and more comfortable handling these things now."

Matthews, who was expressionless, watched on the TV and praised Chuck Rhodes' handling of Enron's bankruptcy, threatening that Chuck Rhodes saved countless employees and their employees who were affected by Enron's bankruptcy. Family, as if Chuck Rhodes became the savior.

"I feel that this is probably more like Song's handwriting, asking the state municipality, the federal tax agency, the federal judiciary, the bankruptcy court, and even people from Capitol Hill to supervise the use of these auction funds and block everyone's mouths. This matter will never be mentioned again in the future!"

Matthews is not too familiar with this method. He said that they jointly supervise the use of these auction funds. As for how to use them, the Enron Bankruptcy Committee has the final say. Enron's creditors must pay back part of the money. But with such a large sum of money, it is impossible to really return all of it to Wall Street institutions and banks, and more or less some of it will be left behind.

The remaining part of the dollar, then there is talk, goose hair plucking, Houston municipal, Texas municipal, plus the federal Department of Justice, federal tax agencies, federal bankruptcy court and the big shots on Capitol Hill , Maybe you can get a large sum of money, enter the campaign fundraising offices of congressmen like Adrian through legal channels, and then use some means to withdraw cash out in a fair and honest way, even if it is a fraction, it is estimated that there are millions of dollars up!
Watching the news on the state TV station, Adrian touched his chin, "Blackwater Security has joined the Federal Military-Industrial Complex before. After this time, the Bruno family has officially joined the American Petroleum Association!"

Matthews listened to Adrian's words and knew what he meant. This time Song Yang gave up many properties of Enron Group, Exxon, Mobil, ConocoPhillips, etc., took a lot of advantage, in return , naturally accepted the Bruno family to formally join the Federal Petroleum Association.

As one of the most influential associations in America, the American Petroleum Association has a huge influence. Baker Hughes Energy Company joined on behalf of the Bruno family. It is definitely not the one who goes in to fill the numbers, but the one with the right to speak. This represents the Bruno family. The voice is a little louder in America.

The stronger the Bruno family is, of course it is a good thing for Adrian, but Adrian is not without worries. As the Bruno family becomes stronger and stronger, they will come into contact with more and more powerful people, and their supporters will also There will be more and more, and the importance of Adrian will inevitably decline.

It is not possible to part ways, but if there is too much difference in strength between the two sides, they will inevitably be alienated. If Adrian wants to avoid this from happening, he must prove his worth!
"Capitol Hill!"

After a long time, Adrian spit out these words, unlike before, this time Adrian also brought a bit of hesitation and worry.

Matthews looked at his employer, and this time it was rare that he didn't speak. In Adrian's current position, it is impossible to take a step back, but to take a step forward, you must make a good plan, otherwise the difference of one step may be full. All lose!
"Baker Hughes Energy, which acquired Enron's natural gas pipeline and power business, has officially become the largest natural gas supplier and the second largest power supplier in America!"

"Lorenzo Simonelli, president of Baker Hughes Energy, declared that Baker Hughes will not repeat Enron's experience of arbitrarily manipulating electricity and natural gas prices, but will build Baker Hughes into the largest energy supplier in America, This is Baker Hughes' mission!"

"The Enron online platform, along with [-] analysts, consultants, and technical personnel, were also acquired by Baker Hughes, but Lorenzo Simonelli did not disclose what the future of the Enron online platform will be..."

Looking at the high-spirited scene of Lorenzo Simonelli, president of Baker Hughes Energy, during an interview at the General Electric headquarters, Immelt coldly uttered the word "traitor" in his heart!
Although Baker Hughes was forced to be ceded to Song Yang by General Electric, Lorenzo Simonelli, who only saw Song Yang as the saddle, was still in the interview, flattering Song Yang, it was Song Yang The new Baker Hughes energy company was created, and Immelt was sick to hear that.

"It's just a dirty deal!"

Immelt said to the secretaries, assistants and others in a cold voice, no one dared to refute Immelt's words, and there was nothing wrong with his words. According to the estimates made by Wall Street last year, after the bankruptcy of Enron Group, Bright Those industries on the surface are worth 600 to 300 billion U.S. dollars, and now most of the debts have been forgiven. Baker Hughes teamed up with a bunch of energy giants, and it took less than [-] billion U.S. dollars to clean up Enron. Not too much.

But even if it is a bright grab, when Baker Hughes was in the hands of General Electric, although it was known as the world's top three oil and gas technology service providers, it earned hard money, but in the hands of Song Yang, it turned into America's largest natural gas supplier. Electricity suppliers, if there are no accidents next year, Baker Hughes Energy's revenue will usher in explosive growth!
The most important point is that Baker Hughes was sold by Immelt, so who is the prodigal of General Electric...

(End of this chapter)