novelraw Chapter 314
Chapter 314
Old Bronfman compromised.
Selling Universal Pictures to one of the few buyers appointed above within three years seems to be a better result than he had imagined at first, at least they still kept Universal Music, didn't they?
But in any case, after this battle, the assets of the Bronfman family have shrunk too much, and basically they can no longer be called a "rich family".
Moreover, Edgar Bronfman Jr.’s position as chairman of the group’s board of directors is uncertain. Vivendi’s Messier grabbed Bronfman Jr.’s sore foot on the Polygram record, and Bronfman Jr. Man was furious about the huge debt that Vivendi had concealed.
Not long ago, the partners who jointly rang the bell at the Paris Stock Exchange have now become a hot water.
It is conceivable that the internal problems of Vivendi-Universal are becoming more and more serious.
Sitting in the car on the way back, the old Bronfman closed his eyes again, and sometimes he even wished that he didn't have to open them again, maybe he would feel lighter.
However, thinking of his beloved son, the bewildered call from Paris, and the suppressed sobbing on the phone, the old Bronfman couldn't help but soften his heart again, and regained his spirit and fighting spirit.
He motioned for his personal assistant to take out his mobile phone, and after a moment of pondering, he ordered: "Call...Jane Vince of the New York District Attorney's Office, I hope to have lunch with him; also, help me arrange a flight to Paris .”
The enemy is already evident.
In addition to Lehman Brothers, Deutsche Bank, Quantum Fund, etc., who are firmly bearish, there is also Ax Capital, which has become more and more famous in recent years.
It was also this ax capital that fired the first shot to attack Vivendi-Universal.
Flying Mirror Company, a research institution with only two employees on the surface, has cooperated with Ax Capital to win a beautiful battle before, and it is obvious that they are making a comeback this time.
In the early 90s, Ax Capital was just an unknown new company on Wall Street, but with its amazing performance in recent years, its founder Bobby Axelrod has become an upstart on Wall Street.
You know, Ax Capital charges 3% management fee + 50% performance commission, which is much higher than the 2% + 20% prevailing in the industry, but the high rate of return still makes its investors flock to it.
It is rumored that many of Ax Capital's victories - including precise long and short positions on technology stocks - came from insider trading, which has attracted the attention of the SEC (US Securities and Exchange Commission).
And that's where Bronfman Sr. was ready to take advantage.
Can't touch Lehman De Bank, can't you touch Ax Capital founded by a poor boy in Brooklyn?
Bronfman is capitulating.
But this does not prevent him from retaliating against those hungry wolves who are waiting for the opportunity, otherwise everyone would think that the family has sunk down, wouldn't everyone want to take a bite?
In addition to Ax Capital, Hollywood should also clean up.
David Geffen, Barry Diller... In order for these people to help little Edgar control the world and realize his dream of a Hollywood tycoon, the old Bronfman paid a lot of benefits, and they just watched His son in trouble?
Damn them all!
...
"You bastard! You are still busy accusing me now, why don't we talk about the 100 billion first?"
After hanging up the phone, there was a loud bang in the luxurious hotel suite. The handsome and wealthy man finally couldn't maintain his dignity and knocked off the table like a trapped animal.
No wonder the French would rather make concessions than insist on mergers and acquisitions in the form of stock swaps!
Obviously, Vivendi's financial situation is not as healthy as he has seen, and Messier is still counting on the Bronfman family to pay for it?
Go to hell!
Yes, Edgar Bronfman Jr. admitted that he had some inconspicuous problems when he bought Polygram Records, but compared to the 100 billion, nothing is a problem anymore.
Did the French really think he would be so stupid as to sell his family assets to carry mines for them?
Do not make jokes!
Little Edgar Bronfman vented, still in a gloomy mood, when his phone rang again.
"What?" he asked irritably.
"Uh, boss, it's me." The voice of an executive from Universal Music came from the other end of the phone, "I have some bad news here, but you should be interested."
"Say." Little Edgar Bronfman said indifferently, picked up the remote control, and turned on the TV in the room.
In the TV news, the dignified hostess was saying: "This morning, after Flying Mirror and Ax Capital, Lehman Brothers also released a short-selling report on Vivendi-Universal.The report believes that in the process of Vivendi's acquisition of Seagram-Universal, in addition to concealing huge debts, there are also fraudulent behaviors such as abusing cash reserves, illegally manipulating stocks, and making financial false reports...'
The executive was trembling: "According to your order, we launched an internal investigation..."
'Obviously, the merger of Seagram-Universal and Vivendi was an unprecedented disaster. The New York Times referred to Edgar Bronfman Jr., the current head of the Canadian giant Bronfman, as a 'media The dumbest man in the business '...'
"But it turned out that it wasn't just one person who leaked the news..."
"Go on." Edgar Bronfman Jr. continued to switch TV channels, but the phrase "the stupidest person in the media industry" was always echoing in his mind.
In the TV screen, the reporter is blocking the high-spirited Wall Street hedge fund expert Bobby "Axe" Axelrod, speaking very fast: "Axe, what do you think..."
Universal Music's executives had no choice but to give Edgar Bronfman Jr. a list of names.
It can be said that after a series of mergers, Universal Music is a super hole, with many factions and serious internal fighting.
Among them, the most powerful is undoubtedly the New Vision label under David Geffen's management. Because of the existence of the godfather of the rock circle, it barely suppressed the internal balance.
However, the biggest problem this time is precisely David Geffen's people.
Six months ago, a sum of money of unknown origin appeared in the other party's account. After that, he logged into the intranet in the office and copied some of Universal Music's internal emails.
Little Edgar Bronfman was filled with uncontrollable anger, but at this time there was a loud knock on the door, and his own brother, Sam Bronfman, who was in charge of the family wine business, shouted outside. "Get out, Edgar! I know you're in there!"
"Fxxkyou, Sam! Leave me alone for a while!" Little Edgar Bronfman also yelled back, he was already in a terrible mood, and he didn't want to deal with his troublesome brother at all.
However, Sam Bronfman didn't care. He didn't know what he had done, and the scream belonging to Claire Bronfman came from outside the door again.
The heiress who was grounded in the hotel held her head, "You xxxx! Are you crazy? How dare you..."
bang bang bang-
There were three muffled bangs, and the door was violently kicked open. Sam Bronfman inserted the gun with the gun back into the holster, and saw Xiao Ai, who was standing in front of the wine cabinet drinking Degar Bronfman said, "Listen! I don't care what the hell you're doing, we have to go to the secret meeting of the French right now!"
Little Edgar Bronfman did not answer, but gulped down the whiskey in his hand, and winked at the bodyguards who followed the room.
Meeting?
Oh, he will go.
But before that, he had to teach this idiot who dared to shoot in front of him a lesson!
Before Sam Bronfman got a clear answer, he was first beaten up by two tall bodyguards.
And his younger brother who has always been gentle, Edgar Bronfman Jr. put down his glass and continued to order on the phone in his hand: "Find someone, I want Axelrod to lie down in the New York Presbyterian Church tonight. The ward of the hospital. Also, check for me whether David Geffen and Ax Capital have any funds..."
...
"CUT—"
In a Starbucks store in New York, the director of "Secret Agent Belle" Sean Levy yelled, and then took the lead in applauding Josie for her wonderful performance.
"Great!" Sean Levy said, "I'm here today, everyone can call it a day!"
Only then did Josie break free from the acting state, and just after taking a sip from the water glass handed by Ella, Jason came over and whispered a reminder: "Aix is here, he's waiting for you in the car."
"I see." Josie couldn't help frowning slightly, and said to Ella: "Old rules, tell Eve to deal with the paparazzi at the door."
Ella took the water glass and nodded in agreement.
When Josie changed her costume and tidied herself up and came to the parking lot, Ax was sitting in his limousine. He didn't have the suits and ties like the Wall Street elites in people's impression, but he was wearing casual clothes with a face. With a relaxed smile on his face.
Josie asked Jason to stay outside the car, got into the car by herself, and said, "I remember I told you, Ax, don't come to my set unless necessary."
"Now is the time when it is necessary." Aix said naturally, "I received news that the old Bronfman went out in person. Not only did he meet some people in New York, but he will arrive in Paris at night."
Josie's tone was flat: "It's normal. It would be strange if Bronfman didn't take any action. Universal launched an internal investigation urgently, and the New York District Attorney's Office was also dealt with from top to bottom, including the prosecutor Chuck Luo. Here."
Because of the tragic failure of Vivendi-Universal on the Paris Stock Exchange, a secret meeting on how to rescue the market was held in Paris led by French Bank tonight. The participants included the French government and a number of European banks.
It is obvious that the French are very determined to restore the decline, but unfortunately the Americans are also very determined to kill them. Not only have they released multiple short-selling reports in succession, even big figures like Soros have accepted interviews with reporters, expressing their respect for Victoria. Wang Di - Global firm bearish.
But Aix was still a little worried that some people might step down to take over the offer, especially Josie, who was always well-informed, suddenly objected to him increasing leverage, and revealed to him the tendency to leave the market early.
To be honest, even if they leave now, each of them has earned enough money to squander for hundreds of years, but because the money is so easy to earn, Aix is reluctant to leave now, but wants to increase the weight again. Make a fortune.
Aix looked at the beautiful young girl beside him, and said with deep meaning: "I sincerely hope that when you were busy digging holes for your enemies, you didn't dig holes for your allies by the way. Because I really want to There is no reason for you to back down at this critical moment."