fictionpage Chapter 215 Money is too easy to make
Chapter 215 Money is too easy to make
Chapter 215 Money is too easy to make
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At Enron's headquarters in Houston, Jeff Skilling, with his beautiful secretary in his arms and one hand stroking her shapely buttocks, listened to her report.
"So, in just two days, our energy futures business has added 17 new accounts?" Skilling's voice carried a hint of surprise as he looked up at his secretary, waiting for confirmation.
"No...that's right," the secretary said, her voice slightly breathless.
Koskilin's hobby was manipulating others.
Whether it was the number of 17 people that triggered Skilling or not, she clearly felt a strong pinching and pulling.
Then....
The secretary needs to change her skirt, and Skilling needs to change his pants.
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However, before the change, Skilling clearly intended to retaliate against the other party for the seven-foot-tall breasts they had given him.
Turning around, the adoration in her eyes can give any man a sense of satisfaction.
Jeff Skilling smiled with satisfaction. After being dressed by the other party, he didn't even wait for his secretary to pull up his underwear before giving his orders.
"Spread this message immediately. I want everyone to know that Enron is setting new records." Skilling's tone was full of confidence, as if he could already see Enron's stock price soaring again.
At this moment, Skilling was quite certain that PayPal had already laid the groundwork for all of this, just waiting for him to take the plunge and agree; otherwise, they wouldn't have been able to promote it so quickly.
But he didn't care. As Ernst had said before, Enron would not only not suffer losses in this cooperation, but would also be able to achieve rapid business expansion by leveraging PayPay's platform. Such an opportunity was simply too good to pass up.
Thinking about this, a bold idea suddenly popped into Skilling's mind.
The idea spread rapidly like a vine, and the more I thought about it, the more feasible it seemed.
At the same time, news of Enron adding 17 new futures users in two days quickly spread in the financial circles of Wall Street in New York.
Inside Lehman Brothers, one of Wall Street's most renowned investment banks, CEO Richard Fuld sat in his office, listening to his secretary's report with an expression of disbelief on his face.
"According to the latest data, the 17 new users Enron gained this time mainly came from its partnership with PayPal. Users who chose to open an Enron energy futures account on the PayPal platform received a $20 cash bonus specifically for trading Enron futures."
"I must say, Ernst's strategy of using someone else's resources to his advantage is truly brilliant," the secretary said, handing the report to Richard and explaining in detail.
Richard picked up the report and carefully read through the details.
Starting two days ago, PayPay's GGs have sprung up like mushrooms after rain on the streets of major American cities.
PayP is everywhere, from newspapers and magazines to television media, GG signs on the street, and mobile GG advertising vehicles.
Promotional information for al.
The scale of the advertising campaign is so extensive that almost every American has come into contact with PayPay's GG at some point.
"As far as we know, Enron paid $50 to acquire each new user, but PayPa| only distributed $20 of that to users as a subsidy, and kept the remaining $30 as its own operating and promotional profit."
The secretary added, "We originally thought that $20 would have limited appeal, but we didn't expect it to bring Enron 17 new users in just two days. This result has indeed exceeded our expectations."
Richard put down the report, tapped his fingers lightly on the table, and fell into deep thought.
Although Enron's energy futures business differed from traditional oil futures, where one lot typically represents 1000...
Barrels, while Enron's energy futures can be purchased as low as 0.01 lots, which means one lot is divided into 100 units.
Even so, the $20 subsidy is far from enough to cover the cost of one futures contract.
This means that users must invest additional funds themselves if they want to receive the $20 subsidy.
"The total amount of liquid funds in the market is relatively fixed. An increase in funds flowing into the futures market will inevitably lead to a decrease in funds invested in other financial derivatives markets," Richard said slowly, his tone tinged with worry.
"While the increase in new PayPaI users has boosted trading volume for some of our Lehman Brothers financial products, the overall situation is probably not optimistic. Many investors have undoubtedly liquidated their other financial holdings and transferred funds to the PayPaI platform in order to participate in Enron's energy futures business."
"On the surface, our online trading volume has increased, but in reality, it's just a case of the wool coming from the sheep. If you look at the big picture, the total amount of funds in the entire financial market is actually losing money, flowing into Enron's energy futures business."
Upon hearing this, the secretary nodded in agreement, "According to the latest information we have obtained, Goldman Sachs seems to have begun contacting Peter Thiel of PayPay, most likely to discuss cooperation."
Upon hearing the name Goldman Sachs, Richard couldn't help but scoff, "That old bastard Henry Paulson, he's as quick as ever."
Henry Paulson, as CEO of Goldman Sachs, has long been Richard's main rival on Wall Street.
The two originally had no direct grudges, but as the competition between Goldman Sachs and Lehman Brothers in various businesses intensified, their conflicts gradually deepened.
The media often compares the two, creating a situation where they are evenly matched.
Despite the irony, Richard didn't hesitate at all. He immediately took out his phone from the drawer and skillfully dialed Peter Thiel's number.
Back at PayPay headquarters in San Jose, California, Peter Thiel was in a state of unprecedented excitement.
He leaned back in his leather office chair, a smile he could hardly hide on his face. Every cell in his body was basking in the joy of success, as if he had just ordered eight fruit platters.
Peter Thiel never imagined that making money could be so easy and so fast.
PayPay is like a legal and compliant robber; all you financial institutions have to do is send money.
From the moment Peter Thiel woke up in the early morning, his phone rang almost non-stop. Without exception, the callers were financial giants from all over the United States.
For Peter Thiel, this was undoubtedly a grand celebration of wealth.
After hanging up the phone with Richard Fuld, Peter Thiel decided to first report to Ernst on the progress of today's collaboration.
The call was quickly connected. Peter Thiel first gave a detailed report on the results of his negotiations with major financial institutions that day, and then brought up the issue of cooperation fees: "Currently, the preliminary cooperation agreements we have reached with institutions such as Lehman Brothers, Morgan Stanley, and Goldman Sachs are all based on a standard fee of $55 per user."
"Regarding their question about the $50 fee for the collaboration with Enron, I, as you previously instructed, explained all the discrepancies as your decision."
"That's right, in the next few days, more and more organizations will be contacting you, and you can just sit at home and count your money."
Peter Thiel frowned. He noticed that the phone signal wasn't very good; the wind was strong and the connection was intermittent. He could even hear dogs barking.
"There's one more thing."
After Peter Thiel finished speaking and received no response for a while, he asked, "Ernst, can you hear me?"
"Sorry, I'm in the mountains right now, the signal isn't very good. But just say what you mean, I can still understand the gist of it."
"I see," Peter Thiel realized, and began to move as he reported, as if to enhance the signal.
"Jeff Skilling of Enron also contacted me today and offered us a new collaboration proposal."
"Oh?" Ernst's voice revealed a hint of curiosity. "Tell me more about it."
Skilling stated that if the number of new energy futures users added to Enron through the PayPaI platform exceeds 300 million in September, he is willing to increase the cooperation fee for each new user to $80 and will also make up the difference that was previously settled at the $50 standard.
Ernst, on the other end of the phone, frowned and looked puzzled upon hearing the suggestion.
He couldn't understand why Skilling would suddenly offer such generous terms for cooperation.
Seemingly anticipating Ernst's doubts, Peter Thiel immediately added, "After Skilling made the suggestion, I immediately had someone investigate the relevant situation."
"According to the information we have obtained, Skilling's existing contract with Enron will expire at the end of this year, and according to industry practice, companies and professional managers usually start renewal negotiations one or two months in advance."
Upon hearing this, Ernst instantly understood Skilling's true intentions.
This is clearly a scheme to use public office for private gain. Skilling obviously wants to use the deep cooperation with PayPay to drive a significant increase in Enron's user base and stock price before the renewal negotiations.
When he negotiates a contract renewal with Enron's board in October, he will be able to leverage this outstanding performance to demand higher compensation and more generous stock options from the company.
Ernst's lips curled up slightly; on the surface, the collaboration seemed to be a win-win situation for all three parties.
PayPay can increase its profits by raising its partnership fees, Enron can expand its business and boost its stock price by growing its user base, and Skilling can secure better renewal terms by improving its performance.
Ultimately, it is the ordinary investors who blindly followed the trend and held Enron shares who will pay the price; they will undoubtedly become the victims in this financial game.
"Since Skilling can offer $80 per user, I think it shouldn't be too difficult to get him to raise the promotion fee to three figures, right?" Ernst's voice carried a hint of amusement, clearly indicating his intention to further explore Skilling's potential and gain more benefits from this collaboration.
Peter Thiel instantly understood Ernst's intention, and a knowing smile appeared on his face. This was like taking advantage of Skillin, a sheep being fleeced to the point of being turned into Ge You (a famous Chinese comedian).
"Don't worry, I know what to say, and the result will definitely satisfy you." Clearly, Peter Thiel has also grown through this experience.
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