MTL - I’m in Hollywood-Chapter 1065 Where did the money go?
After Meyer left, Eric simply cleaned up and returned to East 75th Street with the documents and packages that the female assistant had just handed over to him.
Cindy has also returned home, taking a shower, opening the door to the personal assistant she recently hired, Catherine Neumann.
Considering that Cindy is in desperate need of care, Eric focuses on first reviewing several of her favorite girls. In the end, only the German girl who has a good hair and short hair meets the requirements.
Katherine Neumann is from the industrial town of Frankfurt, Germany, just 24 years old this year.
As the outside world had the impression of the Germans, Eric looked at Catherine Neumann's resume and saw almost a meticulous atmosphere. From the beginning of the school, Catherine Neumann was a top student with a+ scores from a young age. After graduating from high school, she received a full scholarship from Harvard University to study in the United States. In the past six years, she has successively obtained a bachelor's degree in psychology from Harvard. Bachelor and Master of Business Administration.
At the same time, in addition to German and English, Catherine Neumann is also proficient in French and Spanish.
Moreover, in addition to knowledge, this girl is also impeccable in terms of people.
If the only shortcoming is that the girl is from a single-parent family. Cindy didn't care about this. He also accused Eric of being a prejudice and refuting the fact that he himself grew up in a single-parent family.
In all fairness, Eric has always been able to feel that the original owner of the body has left him with a lot of personality defects. But since Cindy expressed his satisfaction, Eric agreed.
After entering the door, Eric handed the folder and package to the girl, and changed the shoes and said: "The folder is in the living room. After I take a shower, I will send the package to my study room and prepare for dinner?"
Katherine Neumann took over the things in Eric’s hands and nodded: “It’s already ready, Mr. Williams, do you have any special needs?”
Eric has always had no special requirements for what he eats. He shook his head casually and asked when Linda came back and went to the bathroom where Cindy took a shower. Knocked on the door, suggesting that women who like to take a bath do not soak for too long, and they have changed to another bathroom for a shower.
New York is in the hottest season of the year. Although it spends most of its time in an air-conditioned room, it is inevitable that there will be a lot of sweat in the day.
Simply taking a shower and changing clothes, Eric came to the living room in a refreshing way, sitting on the sofa and looking at the Nasdaq market analysis report brought back this week.
In the third week after the crash, as of 4 pm today, the Nasdaq index has fallen back to 3056 points, down 13.3% from last week.
Although the decline began to narrow, but in just three weeks, the Nasdaq index has returned to the level of four months ago. Compared with the peak of 5000 points, the Nasdaq fell 40% overall, and the entire Nasdaq stock market's wealth of more than 3 trillion US dollars evaporated.
Specific to the firefly system.
Yahoo’s share price continued to fall by 19.1% this week, and the market value has fallen back to $134.9 billion. Compared with the highest point of $257.9 billion, it is almost waist-high. It is conceivable that Yahoo's market value may fall back below $100 billion next week if no measures are taken.
In recent days, with the support of Eric's hands, Yahoo has already negotiated agreements with Microsoft.
After the high-level gathering next week, the entire firefly system will also announce a series of measures to boost the stock price of its new technology companies, in order to avoid an unrestricted decline in the stock price of companies such as Yahoo.
Reading the documents in his hand, a fragrant wind came from the side, and Eric kissed him on the side of the Cindy face sitting on the side, saying: "There are so hot in recent days, you don't have to go to the "American Supermodel" "The contest" is the most important thing for our little ones."
"Of course I know, but I feel that I always have problems when I stay at home," Cindy squatted beside Eric, looked at the documents in his hand and said, "How much has it fallen this week?"
“13.3%, the downtrend has slowed down, but the situation is still very pessimistic.”
Cindy nodded and moved. "Eric, I want to discuss something with you?"
Eric listened to Cindy’s serious tone and sat up straight, worried: “What’s wrong?”
"Have you just bought a girl company for the girl?"
"Just want her to learn something," Eric explained softly, and woke up and smiled. "You want to buy one too?"
Cindy nodded and said: "img."
Eric has some surprises: "Img-models is still img-world? And, this company should operate very well, how could it be sold to you?"
The full name of img is actually an international-management-group. The img-models where Cindy is located is only one of the subsidiaries of the entire img-world group.
Although the overall strength is stronger than elite, img is also not a listed company. Moreover, even if it is not too concerned, Eric knows that the company's operating conditions are very good, and shareholders can't suddenly want to sell the company for no reason.
"Of course, the whole img group, and, I don't have the desire to buy someone else's company, Img major shareholder took the initiative to contact me," Cindy saw Eric's mind, explaining the man's arm. "The founder of the img, the Mark McCormack family, now holds a 55% stake in the company. However, although Mark McCormack has been the chairman of the img group, it has been very few years because of heart problems. After consulting the company's specific affairs, several of his children did not have the will to inherit img."
"There is no need to sell it, let alone, how can they want to sell it to you?"
"Because of this stock market crash," said Cindy: "McCome's two sons mortgaged the family's img share loan a few months ago to buy technology stocks, losing more than $100 million. The recent situation is very bad, the bank They began to recover the arrears from them. It is said that the old McCormack was rescued once, but still had to agree to transfer the shares of the img group, otherwise it would be forced to be auctioned by the bank."
Listening to Cindy, Eric can understand.
In fact, in recent times, the world’s billionaires have gone down to the ordinary middle class, and the number of people who have lost their blood because of the Nasdaq’s collapse is endless.
Eric has been secretly concerned about the Tiger Fund, because in the last few months Julian Robertson changed the short-selling strategy to start buying technology stocks, and once again, the Nasdaq crashed into a huge loss.
At this time, the total size of the remaining funds of the Tiger Fund has been less than 5 billion US dollars, compared with nearly 80% in the peak period two years ago.
Encountered a huge loss of this scale, Tiger Fund is destined to be unsustainable, Julian Roberts had to start liquidating this old-fashioned hedge fund that is about to become a history, and return the remaining capital to investors.
In addition, Eric has just received a personal letter from Walt Disney’s daughter Diane Disney Miller in recent days, hoping that the Firefly Group can donate a sum of money to the Los Angeles Disney Concert Hall being built to guarantee this. The project will not be shut down due to a broken capital chain.
The Disney Concert Hall was built by the Disney family for $50 million. However, the Disney Concert Hall project has been overspending in these years, and the Los Angeles County Government even issued government bonds to raise funds.
Eric learned from Kasenberg that the Disney family had intended to continue investing $25 million in the Disney Concert Hall.
But again, because the Disney family suffered heavy losses in the stock market crash, it is difficult for the other party to come out with $25 million in cash, so they can only turn to the Firefly Group, which owns the Disney brand.
Although often criticized by relevant parties, in fact, Eric has never had the idea of wanting to downplay the Disney brand. On the contrary, Eric wants to downplay the firefly brand, making the entire firefly system no longer so compelling, but it is obviously not realistic.
Although the Disney Concert Hall is primarily a charity project for the Disney family, it is also good for maintaining the Disney brand. The $25 million is not much for the Firefly Group, and the charitable donation can offset some of the tax, and Eric has readily agreed.
The Tiger Fund, the Disney family, and Linda’s technology stocks, which are now in the hands of $50 million, are only the most intuitive epitome of the investment market after the Nasdaq market crash.
It can be said that all the investors who could not help but enter the market in the last few months of the Nasdaq bubble ended up with losses.
For weeks in a row, these investors are unlikely to sell their stocks at a low price, because no one dares to take over now, so they can only see that the original value-added technology stocks have gradually become waste paper.
Of course, there will still be people asking, so many people are losing money, where are the money going?
In short, the most lucrative sum of money must have been earned by listed companies in the ipo process.
Some people may notice that many new shares will rise more than 100% after listing, which seems to mean that listed companies earn less than investors, but this is not the case. Because the stock profits after ipo are distributed to many investors, and there are certainly more investors who can get more than the listed companies.
Then, everyone started to drum and spread flowers. If the stock price rises all the time, then players who pass the ‘flower’ in advance can basically make a profit until the last unlucky one.
Moreover, if in the process of flowering, some of the original profitable players did not resist greed, and re-attached some bouquets. Then, when the stock market crashes, there will be a large unlucky one.
The current situation in the Nasdaq market is a large unlucky one, and a small group of investors who have been fortunate enough to escape the stock market.
As for the clover fund, it is totally an odd number.
After all, no stock foundation has made Eric’s layout for a few years in advance.
Last but not least, as the new technology companies burned money in recent years, the richest money they got from ipo began to drain. It can be said that in addition to laying a groundwork for the entire information industry, at the capital level, there are not many winners in this new technology bubble.
At this time, in the living room, although he realized that the McCormack family was mainly coming to himself, Eric asked Cindy: "So, how much do they offer?"
“$750 million,” Cindy knows that Eric must have understood and no longer covered it. “In recent years, img’s net profit has been above $100 million. According to normal valuation, img can at least sell. More than 1.5 billion US dollars. Therefore, the offer given by the McCormack family is very reasonable. I have discussed with Linda, she has 100 million US dollars over there, I count 200 million here, the rest, you will be out It is."
With $750 million to control one of the world's leading large-scale talent agencies, Eric is still very excited.
Due to some lessons of investing in uta that year, Eric had done a detailed risk assessment of the law before joining Wm, and concluded that the plan was feasible.
To put it bluntly, the bill that must be separated from the brokerage company and the production company is limited to Hollywood film production. Moreover, the reason for the related bills is mainly the result of lobbying by the two major actors' unions in Hollywood.
But outside of Hollywood, neither the music industry nor the fashion industry has a group organization that is as powerful as the actors' union. The federal government naturally does not take the risk of offending capital to proactively introduce relevant regulations.
Therefore, the singer of the music industry is basically a signing artist of the record production company.
As for the model industry, there is no more restriction. Many models are simply fixed-paying employees of the brokerage company, just like the Hollywood era.
Moreover, an international talent agency such as the img group itself integrates the business of agency brokerage, program production and film distribution. The only difference is that the target of img's agent is not an actor, but a supermodel, sports star and even popular. Singers and other groups.
Cindy kept watching Eric's expression and waited patiently for a while before whispering: "Eric, what's the matter?"
Eric nodded and said: "The $750 million is not a small amount. I have to see at least some information about the img group first?"
"I am ready," Cindy saw Eric's mouth loose, and immediately got up and took a thick paper bag from the shelf next to the living room and said, "Hey, I have seen Linda and I have seen it." ""
Eric’s fingers crossed the file bag and smiled: “Img is actively sent over, you are not afraid that they will lie to you?”
"Of course not," Cindy subconsciously squinted at the kitchen and couldn't see a short hair figure. "It's collected by us. There is definitely no problem."
"Well, I will look at it in the past two days, and let the Ministry of Justice do the assessment. If there is no problem, you can contact the McCormack family next week."
