Maximizing Profits-Other peoples money-reading.docx -...

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“Other People’s Money” In the movie “Other People’s Money” Lawrence Garfield is a very successful, yet incredibly greedy, corporate raider who has made his entire living on buying up different companies and liquidating their assets. He has a relationship built solely around his computer Carmen that is programed to analyze stocks. One of Larry’s newest targets that Carmen has been firing on is New England Wire & Cable Company. The stock for tis company has steadily climbed leading Larry to do some further research on the company to see how he can make money from their situation. What he doesn’t see coming is that the owner Andrew “Jorgy” Jorgenson’s stepdaughter Kate is a big-time lawyer who is willing to work tirelessly to try to protect the company from this stock shark. The company itself is doing alright in its other sectors but the Wire & Cable sector isn’t fairing as well. Larry uses this fact to try to convince Jorgy to liquidate the Wire & Cable division in attempts to make millions off the deal. When Jorgy tells Larry to get lost and that he has no intention on ever breaking up the company this sparks a fire under Larry as he doesn’t accept being told no. Larry Garfield, at this point, commits to taking over the company and getting his way and he files a Schedule 13D. From the very first time Larry meets Kate he is smitten with her and makes it his additional quest to capture her attention as well as the company. Larry, not being new to the inner workings of law and takeover, knows that Kate is using his attraction to her in attempts to manipulate the situation and refuses to waver from his goal of becoming the majority stockholder for New England Wire & Cable. Larry spends each and every meeting with Kate trying to seduce her and while he is unsuccessful it is obvious that Kate is finding herself attracted to him through their interactions. As a last-ditch effort Jorgy offers to let the matter be settled at the annual shareholders meeting,
hoping that the support from longtime friends and investors will help him save the company. When it becomes obvious that Larry is ruthless and has no intentions of walking away empty handed the companies president Bill Coles begins to fear that he will be left with nothing at the end of it all and offers to let Larry vote his high number of shares in the company in exchange for a million dollar pay out. This advantage could help Larry and he agrees to the deal, with the stipulation that if the shares fail to make up the difference in the margin of victory, he will only

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