Not only did Xu Tongying send the group as promised, but the number of people in the group far exceeded Lao Bai and others' expectations, with nearly 30 people in the group.

Lao Bai asked Dong Qiangqiang if he had brought it with him, but he politely declined because he was worried about the university notice. Lao Bai did not force him and asked him to ask Du Lan if he had a schedule. Unexpectedly, Du Lan failed two subjects this semester due to insufficient review.

One of them was the second time he failed. In view of the fact that the exams at the Technical University of Munich have always been in hell mode, and if he failed three re-examinations for the same course, he would face the embarrassing situation of changing majors, Du Lan did not dare to take this last opportunity lightly and could only

He declined Lao Bai's invitation and stayed in Munich to prepare for exams and work part-time. Finally, Dong Qiangqiang contacted Ding Haifeng in Göttingen, and Lao Bai finally gathered the "Dragon Balls" and took Lei Lanting and Tong Lele on the journey to follow Lao Ding.

Meet in Italy.

Tong Lele will send her travel photos at a fixed time every day, and Dong Qiangqiang will write a travel blog based on the content of the photos. When the mood strikes, he will also come up with some unfounded plots to make the whole journey thrilling and funny.

Writing an article in two or three days can be regarded as a change of mind.

The growth of Lebai's registered users is still slow. From time to time, visitors will leave a few words on the forum. Dong Qiangqiang answers netizens' questions seriously every time. Lao Bai will occasionally tease him with the ID of "Little Lion", and he will pretend to reply.

A few sentences.

In Dong Qiangqiang's impression, old people like to say: when people get older, time will pass faster and faster.

He had no feeling about this at first, but when he arrived in Germany, he found that this statement was a truth that did not need to be self-proven. Apart from psychological effects, he felt that the fundamental reason why time passed so fast was that he was old and no longer interested in many things.

.

The days of waiting for the notification were boring. He completed the work at hand step by step every day, trying to pass the time with work.

After getting up in the morning, it was time to read newspapers. Since he no longer went to preparatory classes, he was worried that his hearing would deteriorate. He found a website that broadcast European financial news on the Internet. He insisted on sharpening his ears for 30 minutes to an hour every day, and then searched all the websites.

U.S. listed companies that have received auditing or consulting services from Arthur Andersen.

In the afternoon, he usually reads the short-selling report on the "Stock Lemon" website, then compares the parts of the report that he does not understand, then checks the US accounting standards, and records the other party's "critical" ideas and key points. Usually after reading 3-4 reports

, he would put down the report, or go to Lebai's website to post a reply, or talk to Du Lan on the phone for a few minutes, or follow Duanmu's request to send short-selling reports to more investment institutions.

Since the software he customized before could not automatically search for audit firms of listed companies, he could only manually search for the financial reports of US listed companies, and then check one by one whether the audit reports of these companies were made by Arthur Andersen. The whole process did not include any technology.

The content means that water milling takes time.

Considering the importance of the Nasdaq market and its alarming decline in the past two years, Dong Qiangqiang prioritized targeting Nasdaq-listed companies.

Duanmu had previously agreed to find interns to help him complete some of the work. He originally planned to ask Lu Wei and Lei Lanting to do it, but Lei Lanting left with Lao Bai, and Lu Wei had no news at all. As a last resort, Dong Qiangqiang had to find Dong Yiqing.

He and Wang Shunan asked Dong Yiqing to help contact three Chinese students from Han University, and together with five people, the progress of the work was not too far behind.

Although there are enough interns, the content of the internship has been summarized by Dong Qiangqiang into the simplest fool-proof steps: 1. Find a Nasdaq-listed company. 2. Download the financial annual report from its official website. 3. Determine the company’s audits in the past three years.

The name of the institution. 4. If the other party has exposed a financial fraud scandal, record the name of the company that has audited the company. In the past, there were an average of hundreds of financial frauds in the U.S. stock market every year. Arthur Andersen is not the only auditing company that has been exposed.

Now that Andersen is bankrupt, listed companies can only choose new partners from the remaining major audit firms, but the other four are not ice souls. After all, how can you walk by the river without getting wet shoes? So Dong Qiangqiang

I want to make a list of auditing companies that have had financial problems as soon as possible.

But before the list was made, Dong Qiangqiang discovered several problems.

First of all, not everyone has sufficient financial knowledge. Not to mention the initial rush, the working status and results of the interns after simple training are not ideal. Secondly, the remuneration of 400 euros per person per month means

Interns do not work full-time for 8 hours a day, but each person only works 3 hours (or less) per day. When shorter working hours and unskilled interns are combined, the work performance is unsatisfactory.

It is a natural result. At the same time, the total monthly cost of five interns is 2,000 euros, which is also a big expense for Qiao Chan. Not to mention Duanmu, even Dong Qiangqiang would unconsciously expect this.

There will be more rewards behind the efforts. However, a week has passed and everyone has only found two listed companies that have used Arthur Andersen, one of which just declared bankruptcy at the end of July.

In addition, there is another very embarrassing problem when hiring acquaintances to work for you. Sometimes you need to lower your face to discuss some problems or point out some mistakes. However, Dong Qiangqiang has no previous management experience and is thin-skinned. In the end, he often feels embarrassed to point out other people's mistakes in person.

(Especially Wang Shunan), but they can only work overtime and redo what the interns did not do well. They are so tired that they are half dead and have no output.

For the first time, he realized that when doing business, you should not just ask friends for help. Even if you are just at the executive level, you need to find professionals to do professional things.

But the problem is not all his fault. If their software had a useful search function, this problem might not cause any trouble anymore.

He had actually posted job advertisements for programmers a long time ago, not only online, but also in several places offline (mainly on university campuses), but a week had passed and there were no applicants, not even a resume or a consultation call.

.

He suspected that someone had torn up his recruitment advertisement, so he went to several places where the advertisements were posted every day to check, but every time the advertisements were safe and sound, without any damage or disappearance.

Although Hans actively helped him contact him, the computer geek Gert Becht (suspected to be a hacker) still had nothing to do. The matter of recruiting programmers just hung there, unable to move forward.

Dong Qiangqiang finally even considered using a labor agency to find programmers, but Duanmu rejected his suggestion because the cost was too high.

Qu Shan made a special trip to call Dong Qiangqiang and told him that some preparatory students had received notices of economic majors from East and South Germany universities. This made Dong Qiangqiang even more anxious. He looked forward to it every day and even sent emails and phone calls to the universities to inquire.

, but the university either replied that he should be patient and wait patiently, or told him that the notice had been sent.

Dong Qiangqiang didn't receive any of them. Wang Shunan was not as lucky as him.

The second week of August has not yet passed, and she has received four rejection letters. The contents are the same: her grades are not good enough.

In other words, studying medicine in Germany only requires the best students among the best.

Wang Shunan seemed fine, but Dong Qiangqiang suspected that she was suppressing her sadness.

After the promulgation of the Sarbanes-Oxley Act, executives of U.S. listed companies were required to swear an oath to the Act, promising that the financial information submitted by the companies they serve to the U.S. Securities and Exchange Commission (SEC) is true and reliable and free of any

Counterfeiting.

Compared with Vivendi's much-awaited second-quarter report, which has yet to come out, HealthSouth, one of Cicada's active positions, released its second-quarter report as scheduled. The report stated that the company's profits for the year may be affected by the policy to adjust the amount of U.S. senior medical insurance premiums.

It has been significantly reduced. However, according to Duanmu Research, it has been more than half a year since the US elderly medical insurance premium adjustment policy was promulgated. At this time, talking about things gives people a pretentious feeling of making a mountain out of a molehill, and it is more like making excuses to cover up the decline of its business. Moreover,

No matter how you analyze it, it is definitely not good for investors to take the initiative to bet on future market conditions, so it is not surprising that Southern Health's stock price fell in response.

Duanmu had previously bet 100,000 euros on the put option of Southern Health Care, which was second only to Vivendi, but he never waited for it to fall. Now he is finally looking forward to it, and in his words, he feels proud and relieved that he has endured all the hardships.

At this point, all the listed companies that had been Arthur Andersen's historical customers in the first phase of investment by Cicada were not spared, and all of them exploded. Except for the put options of American Waste Management Company and United Capital Investment Company, there was no movement, and the book profits of other put options were floating.

The total amount is nearly 450,000 euros. As the US stock market continues to decline, both of them feel that the burden on their shoulders is not so heavy.

But Dong Qiangqiang didn't have time to be happy for too long. On a sunny day, he received notification letters from the University of Mannheim, the University of Frankfurt and the University of Bonn at the same time.

He opened the letter excitedly, but was shocked to read the familiar rejection words.

The rejection letter hit Dong Qiangqiang like a hammer. He couldn't understand why he couldn't apply for a major with a score of 1.7.

He reluctantly called the above-mentioned school again, but the German politely rejected him again.

Only then did Dong Qiangqiang realize Wang Shunan's state of mind and the ridiculousness of his advice to Wang Shunan. He suddenly became uninterested in everything. He neither wanted to touch the short-selling report nor read the stock price, and he was not in the mood to catch pigs in the wild boar forest or relax in Wilhelmshaven.

.

Dong Qiangqiang, who was so bright and shining, just disappeared.

Du Lan knew that he was high-spirited and worried that he would not be able to accept such a blow, so he could only persuade him with good words. Finally, in order to enlighten him, he somehow recommended the Hong Kong drama "Qin Qin Ji" to him.

For three days in a row, Dong Qiangqiang stayed in bed with his computer and watched the drama day and night. Looking at the heroic Louis Koo on TV, he felt like a pool of stagnant water, like a piece of mud, and he was about to completely stink.

He found the novel "Looking for Qin" on the Internet and read it like a zealot.

Just when he finally finished reading the novel, Lu Shan arrived in Germany.

===
Chapter completed!