Other People's Money Page #2

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and some kind of adhesive company.

Boring, but all making a decent profit.

Carmen says they're worth

another 60 mil.

Let's put the 60 under the 40.

And you have working capital of 25 million,

10 of it in cash.

Let's put down 25 million,

add them up and see what you got.

$125 million.

The only bad news is...

...that this wire and cable division

isn't making a profit...

...and all the other divisions

have to support you.

Now, as a stockholder,

that doesn't make me very happy.

Are you finished, Mr. Garfield?

No, I'm not, Bill.

Let's say Carmen was suffering

from premenstrual syndrome.

No offense. A little nuts.

Let's say she was too optimistic.

Let's knock off 25 million.

Here we go.

Let's make it...

...$100 million.

A nice round number.

I like nice round numbers.

Any debt? No.

Any lawsuits?

Any environmental bullshit?

You throwing your garbage in the water?

Of course not. Not you.

What about pension liabilities?

Carmen says you're fully funded.

You people are dreams.

- I think this meeting is over.

- No, no, wait a minute.

Here comes the fun part.

- How many shares outstanding you got?

- Four million.

Divide 4 million into 100 million,

what do you get?

- Twenty-five.

- Good.

That means each share is worth $25.

But that was all foreplay.

Let's go for the real thing.

The stock was 10 when I woke up

three weeks ago.

That's a 10 for a $25 item.

What a sale.

Something worth $25,

I can buy it for 10.

The company's not for sale,

Mr. Garfield.

I don't want your company, Jorgy.

I just want what

every other stockholder wants:

- I wanna make money.

- You are making money, Mr. Garfield.

You bought the stock at 10.

It's now 14.

The stock is 14 because I'm buying it.

I'm doing my part. Now you do yours.

Get rid of this wire and cable division.

It's a financial cancer.

Would you excuse us, please?

I want to talk to Mr. Garfield alone.

What the hell do you think you're doing,

you little son of a b*tch?

You can't come into my town, my plant,

take my company.

- You can't do that.

- What, you been living on Mars, Jorgy?

It's called a corporate takeover.

I know what it's called,

and I'm not gonna let you do it.

It's simple. I do it all the time.

Well, do it someplace else.

I'm not gonna commit suicide.

Don't think of it as suicide.

Think of it as euthanasia.

Get out.

Get out.

Get out before I throw you out.

Where are you going?

We're just doing business.

Business? With you?

I got a company to run.

Yeah, well, that's my point.

I don't like the way my company's

being run!

And you better get your elevator fixed!

There's a goddamn fire raging here,

and this whole industry's up in flames!

And you call the fire department,

and who shows up? Nobody.

Because they're all in Japan

and Singapore and Malaysia...

...and Taiwan and every other shithole

where they're crazy about pollution.

And while that inferno is raging,

you're out in front...

...mowing the lawn, tidying up,

playing with your putz on my money!

- You'd think I was asking him for a loan.

- Good day, Mr. Garfield.

I'm not a long-term player.

They give us trouble today?

They're not gonna send us back

to the Bronx, Arthur.

Don't scare me there, Mr. G.

Richardson, I wanna buy up

New England Wire and Cable.

Buy everything you can.

File a goddamned 13D.

- I wanna finish this one quick.

- We're on it.

Well, it's official.

Our friend Garfield's intent

is to take over the company.

He's filed his 13D with the SEC.

He now owns 12 percent of us.

What do you wanna do?

I own 20 percent.

Jorgy, we've got to protect ourselves.

- We need legal advice.

- We have lawyers.

They're not equipped for this.

- We need the best.

- We want to call Kate.

Let me.

What makes you think she'll come?

I'll tell her we need her.

We're family.

Flamboyant L's and M's.

Loves to write "million," doesn't he?

We've never seen a man like that.

He's like something out of a comic book.

So they say.

- Hello, Kate.

- Jorgy.

Thanks for coming.

Doesn't she look splendid?

I have to be back in the city by 5.

Would you mind if we get right down to it?

You're in charge, Kate.

Given that someone is interested

in moving in on you...

...you've no choice

but to protect yourself.

You have some options.

For openers, I recommend changing

your state of incorporation...

...from Rhode Island to Delaware.

- Why Delaware?

That's a good idea.

Strong anti-takeover legislation in Delaware.

And that way we're not playing dead.

- Who the hell is playing dead?

- You have to protect yourself.

- By running away to Delaware?

- Jorgy, it's only on paper.

This company was founded in Rhode Island.

It will remain in Rhode Island.

I'm talking about Delaware, not Nairobi.

Come on.

I own 20 percent of this company.

The board owns another 5,

the employees another 5 percent.

That's 30 percent.

Now, how can this man get control?

What do you want? Do you want me

to negotiate a deal or not?

But there's no deal to be made.

He's knocking at your door.

If you don't answer it,

it's the same as inviting him in.

Listen to her, Jorgy.

There's no deal to be made

with predators.

You kill it, or it kills you.

Well, what do you suggest?

Make it worth his while to leave.

How? How? What do you mean?

Pay him off.

Buy him out at a profit.

It's greenmail, Jorgy,

but it's done all the time.

- It's terrorism, and I won't do it!

- We have other options, don't we?

Well, you're gonna lose your company.

Like hell I am.

You, as they say in the street,

are in play.

Garfield put you there.

And now I'm here as your lawyer.

Isn't that a hell of an irony?

Me trying to save your company.

Well, I can do it.

Yeah?

A Miss Sullivan

from Hudson, Bradley and Flint is here.

And Granger wants to see you

about Trundel

And your suits are ready for a fitting, can they come up at 5?

Yeah, 5:
00 is okay. But tell them not to

send the blind son of a b*tch with the pins.

- Right, no pins.

- And tell Granger, if he wants to see me...

...he better make more sense than last time,

or he can get on unemployment.

Shall I use those exact words, sir?

Send in Hudson, Bradley and Flint.

Wow.

You know what kills me? I've done

maybe seven, eight deals like this before...

...and you know who I negotiate with?

Skinny little joggers with contact lenses,

all stinking from the same aftershave.

- I'm Kate Sullivan.

- I know.

- Want a cigarette?

- No, thank you.

Don't let me stop you.

Why would you stop me?

What are you, a f***ing lawyer?

Depends on who I'm with.

Welcome to my life.

So, what's it gonna be?

Sue, settle, defend?

I came to talk.

Oh, that's trouble.

Lawyers wanna talk,

nothing but trouble.

- How about a doughnut?

- No, thanks.

- Why, are you a health-food freak?

- No, just not hungry.

- You have to be hungry to eat a doughnut?

- You don't?

What, are you shitting me?

I never heard of such a thing,

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