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Chapter 1093 "Fortune" is a joke

Although Enron Company issued a statement, various evidence shows that Feng Yu did not lie, and the two professors did not lie either.

Even the two professors said that some senior executives of Enron Company secretly planned to bribe them, hoping that they would speak against their conscience, but they refused them harshly.

As for the fact that they will serve as financial advisors of Fengyu Holdings Group, they will never mention it.

The stock price of Enron Company fell again and again. After five minutes of opening, it could no longer be sold.

At this time, the executives of Enron Company were undoubtedly in disgrace, but there was also a magazine that was surrounded by many reporters, and the leader was the Forbes.

"Mr. Malfoy, what is the selection of Fortune to rated Enron as the 100 Best Employers in the United States? What do you think of such a company that commits financial fraud and executives collectively manipulate stock prices?"

"Mr. Malfoy, Fortune rated Enron as the most innovative company for many years. Does this innovative spirit refer to their level of innovation in financial fraud?"

"Is Fortune magazine serving rich people as many people say? As long as others pay you money, you can give them high praise to mislead investors?"

"Mr. Malfoy..."

Malfoy, the editor-in-chief of Fortune magazine, was almost annoyed by these reporters. What questions were asked by those reporters? Our magazine selection naturally had a set of our selection mechanism. There had not been any problems in so many years. How could I know that Enron Company's financial fraud was made?

Don’t those who buy Enron’s stocks, don’t they know?

We can only interview and investigate, evaluate their financial statements, and then evaluate their influence, popularity, etc., and rate them.

You reporters dare to say, who hasn’t heard of Anran Company?

Some people actually say that our Fortune serves rich people. How is this possible? We serve business people! That is, the middle class or above, not the rich class you call it. We evaluate that we must stand from the perspective of a third party and ensure fairness. Will we smash our own brand?

The most famous one here is the people who are Forbes. Who doesn’t know that Forbes also wants to make a ranking of the Fortune 500 companies, but people only recognize our Fortune!

"Editor-in-chief, some media want us to hold a press conference, do you see?"

Malfoy waved his hand irritably: "Notify them that a press conference will be held at 10 am tomorrow. I will explain this matter. Also, notify the person in charge of each section, the person in charge of the operation, etc., and hold a meeting in ten minutes!"

"Fortune" is a private company, which was even more official than the official in the past. "Fortune" has the top 500 in the world, and it is the goal of many companies.

But in Feng Yu's view, the evaluation mechanism of Fortune at this time is very problematic. It mainly selects market value, influence, popularity, etc., but does not pay attention to profit rate, debt ratio, etc.

The so-called investigation of the word of mouth is simply nonsense. There are only a few reporters from Fortune. Even if they have commissioned a company for sampling surveys, the data will definitely not be accurate.

Feng Yu believes that to evaluate the strength of a company, at least the expected profit rate and other things must be considered. Companies with too high debt ratios will borrow money to put gold on their faces, which will easily lead to problems.

Let’s look at the top 500 selected by Fortune last year. Within three years, many companies will be merged and many companies will go bankrupt.

A Fortune 500 company can reach this level in three years. Can it still be called a strong word?

Can a Fortune 500 company go bankrupt in just two or three years? Are those executives all pigs? Of course not, but those companies have their own strength magnified.

Many companies are completely empty-handed. If there is no stock financing, they will probably lose their money. They rely on the stock price to rise and then support it from bank loans. However, those executives of those companies have not lost money. The stock price has risen, and their net worth is also rising. After cashing out, they can make a lot of money.

As for the company is over and investors lose money, what are they doing!

Feng Yu has always thought that why do I have to let others rank with us when I work hard to run a company?

This is the usual American thinking, which looks like the world's boss: Come on, come on, come on, I'll queue up according to your size.

But Feng Yu was very unhappy, or it was related to the low ranking of Fengyu Holdings Group and Taihua Holdings Group, and they were both ranked outside of 100!

If you regard me as your boss, then everything else is easy to say. Feng Yu still has a good impression of those who flatter you. If you have so many broken companies, you are ranked above me. How can this be done!

The incident of Fortune magazine also has the result of Feng Yu's incitement. He wants people to know that we should not be too blindly superstitious about magazines like Fortune. Data can sometimes be deceptive!

When Fortune was doing crisis public relations, Feng Yu enjoyed the game leisurely. He didn't expect that the Fengyu team played so well this year, and actually kept the sixth place in the West until the end of the season.

More importantly, the opponent happens to be the Trail Blazers, which is also a narrow road for enemies!

"Good ball!" Feng Yu clapped and Pierce rushed forward, and the dunk was also very good.

"Wow" Carter actually staged a windmill dunk in the playoffs, and suddenly... got boos because this is the home court of the Trail Blazers.

Paul Allen looked at Feng Yu on the sidelines angrily. It would be fine if this kid came by himself, but he even drew 100 lucky spectators and chartered a flight to Portland.

He completely forgot that he had taken two thousand viewers to go to Los Angeles to ridicule Feng Yu, but the result was not so beautiful.

The cell phone in the pocket rang, Feng Yu stood up and walked into the player channel.

"Ralph, what's the matter?"

"The boss, Fortune editor-in-chief Malfoy, said that there was no problem with their selection, saying that the reporter was instigated by someone, and when a reporter asked if it was yours, Malfoy chose the default."

Why, I found it? So what? I'm telling the truth.

"To speak on behalf of me, just say that Fortune magazine has a very problematic selection, otherwise An Ran would be on the list? Those lists are just a joke!" Feng Yu sneered.

"Boss, do you really want to say that?" Ralph was a little surprised. Isn't this a rift with Fortune? Are you not afraid that Fortune magazine will criticize you?

"Go." Feng Yu said relaxedly.

Feng Yu once again made the front page headlines. This time, Feng Yu publicly mocked Fortune magazine, threatening that Fortune magazine was a joke! The circulation of Fortune this issue fell to a historical low.
Chapter completed!
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