Le capital Page #2

---

They earn us peanuts.

The government wants us

to lend more.

You work for the government?

We'll develop high frequency trading.

I'm doubling the number of traders.

What about

the 50,000 hectares in Ukraine?

We're not farmers, Marc...

Your job is to finance,

not plow land.

Ferry, wind turbines

and nanotechnology?

Environmental industries are complex.

I need another month.

Hand it over to Malburry.

I want to regroup

and sell all our toxic products.

The hybrids with no liquidity.

That we inherited.

- They add up to?

- 3.7 billion.

We won't deal in weapons.

polluting chemicals,

money-laundering.

Tell the press we have

an ethical approach.

Insist on the fact

that our priority

is growth in Europe...

It's very urgent.

Raphael, I'll be right back.

Our ethical approach to things

is strangling small businesses

and we're investing our toxic assets.

A little dignity.

Dignity and ethics.

We'll rise to the heavens.

So will our stock.

I wanted us to be here together.

We haven't had time to forge a strategy.

We have to dive in.

You'll meet those who want

to eat us for dessert.

With a bit of luck and cunning,

we may eat them.

He left with them.

Where are they going?

We'll get fired.

Replaced by Yankees.

Irishmen and Indians.

No one's being replaced.

Even in your private talks?

They said :

no more French capitalism,

cronyism with shareholders.

Performance will reign.

You didn't react!

We're dependent on a speculative fund...

...managing billions at the speed

of light. We know that.

But we don't know what Miami

will do with Phenix.

We won't be judged

on "French bank ethics"

but on the truth of numbers.

Everyone should know that, Alfred.

I'm not everyone.

I agree with Alfred.

It's cowboy capitalism.

Don't overdo it.

Don't sacrifice Phenix

to preachers of instant profits.

I won't bare my ass

for those slimy bastards

who bought Phenix

with a loan Phenix must repay.

Not baring your ass

isn't a creative strategy.

Let's hear how you plan

to counter this cowboy capitalism.

Go ahead.

Christophe wants to see us

at the Westin. It's urgent.

Come with me.

Sir, the press is on the runway.

The press?

Why the press?

- Who set up this crap?

- I got the press here.

Dad used to feed them a few tidbits.

Will you have to choose between

odious and preferable?

We have a plan,

that Claude Marmande

will explain to you.

Thanks a lot.

A few tidbits.

Thanks a lot.

- The usual.

- Yes, sir.

still ready to head up

the New York office?

- That's up to Marc.

- Quit plotting.

Christophe,

I need Raphael.

We're heading into a storm.

Exactly.

The President wants to know

about these Americans.

Keep going.

The President's worried about you.

What are these Americans like?

Very cool.

But their secrets...

Who's he?

A crook who got rich in Africa.

Needs a government contact.

- Yves Zombard, no?

- Yes.

CooI in what way?

A brutal hedge fund.

Their plan is to make Phenix

a U.S.-style bank.

They mentioned relocation.

They like Paris, not France.

Too many social laws.

save whatever you can

on the social level.

But avoid relocation.

In this economic situation...

any good news. even fake.

is welcome.

I see what the bank's doing for you,

not what you're doing for the bank.

The American banks

are waiting to devour us.

The ship's sinking,

and you're strolling

in your life jackets.

There's a war on

and you come up

with fantasy strategies.

We had to reckon

with the ratings agencies.

Screw those Mafiosi.

Papa Marmande's capitalism

with all its frills is history.

I want Phenix to be

a dynamic and committed outfit.

European.

but able to compete globally.

We need long-term projects.

We need to react.

be creative and committed.

It's a struggle.

Our independence is at stake.

I'm alone in the front line.

So follow me...

or leave.

We're with you, sir.

You're not alone.

We anticipated

the government regulations.

Change all that.

They won't dare regulate.

Excuse me.

Yes, sir?

Dittmar wants me to fire massively.

Yes, and?

What do you think about it?

Me, nothing.

You're the CEO...

It's your responsibility.

What's bothering you?

The Americans want me to fire people,

the French want me to fail,

my own execs are poised to stab me.

You gonna fire?

If I don't, I'll be fired.

Go back to teaching.

You get fired there, too.

Phenix is a ship:

I'll steer it well.

I'm looking for a way to do it...

To do what?

Cut staff without seeming

to fire people.

- Do like Mao.

- Who?

Mao Tse Tung!

In the cultural revolution.

he used the rank and file

to get rid of old timers.

I must pare the rank and file, too.

Easy.

Didn't you learn that at university?

It's called a social plan.

Bravo, sir.

It was great.

I fear the questionnaire may be...

This is very dangerous.

That's what I want,

something dangerous.

Your job is to make it a blessing.

Excuse us.

The unions are furious.

You're creating snitches.

Screw the unions!

Marc...

You can't fire 5,000 people like this.

Who said 5,000?

You're a hit with the staff.

especially the women.

send my speech to the media.

Words and images.

Who said 5,000?

With 7.000 layoffs,

our shares will move up from 12 to 18%.

At 10.000 to 26%. and

the shareholders' demands will be met.

I asked for this meeting

to settle my bonus.

My "layoff" bonus.

You're out of your mind!

Each layoff is a saving of

4,000 Euros a month.

I want the 13th month. Keep the others.

Let's say 3,000 per layoff.

A layoff bonus!

30 million for you.

It's extortion!

I didn't want these layoffs.

It's a lot of money for you, for you,

for you,

and for the stockholders.

But I must weather the storm.

It's short-term thinking.

I'm thinking of Phenix's social image.

And its future.

Your experts suggested 7,000.

It's better for public opinion.

The Minister advised moderation.

As a compromise, yes.

1/3 for those under 50.

173 plus 25% for those over 50.

Bahamas B,

Russia R, Ukraine U,

Niue N,

Cayman Islands I,

Sarawak S,

Switzerland S,

Aruba A, Guatemala G,

Egypt E.

We get

B, R, U, N, I, S, S, A, G, E :

Brunissage.

How long will this rodeo take?

Six minutes or six months.

The longer it is.

the more secure it is.

Brunissage.

Letters for your accounts.

One forgets numbers, not words.

Brunissage.

- My dough goes to a sunny place?

- A shady one.

And it comes back white as snow.

What do you think of the situation?

The timing's good.

During a crisis gaps widen

and fortunes get made.

Especially when

you've feathered your nest.

Here's how things stand.

The "leak" about the layoffs

had positive results.

The government didn't react.

The staff trusts the CEO.

The market?

After the leak,

the shares rose by 5.9%.

Despite our denial.

This is my idea for massive layoffs.

1 :
The social plan

isn't a management ploy.

That's old hat.

The problem is getting it across.

We must hit hard

and with surgical accuracy.

Rate this script:0.0 / 0 votes