Chapter 1389 It is too difficult to make up your mind
‘Tiger Fund suddenly released an eighty-nine page short report on Vivendi Global. The report is divided into several parts. In the first item: fraud, Tiger Fund took the record as an example to list the financial fraud behaviors of the Universal Music company such as false reporting of revenue, profits, and exaggerating the value of fixed assets. The report also claimed that this phenomenon is widely present in various branches of Universal Music Group...’
The next day, Tiger Fund released a short-selling report. After learning the news, Bronfman Jr. didn't take it seriously at first. He blinked his eyes and asked the people around him in wonder, "Isn't Tiger Fund being redeemed by investors?"
"Yes, they did all their multiple-choice questions wrong before and after the stock market crash, and it has long become a joke on Wall Street." Universal Pictures President Ron Meyer glanced at the forehead and sweating appeared on his face. Dog Morris, the president of Universal Music, was in a daze, and flattered the boss with a smile.
"It's another mad dog. I want to make a new name by trampling on me? Haha, they really know how to choose a partner..."
Bronfman Jr. sneered, “What else did they say in the report?”
"The text is being faxed..." Doug Morris replied.
Someone turned the TV up, 'Tiger Fund summarized seven red flags to investors on this evidence. In the second part, they questioned Vivendi Global's joint efforts to conceal the scale of the merged debt...'
"WTF?" Bronfmann Jr. was a little alert no matter how slow he was. After all, he colluded with Vewandi CEO Messier. He didn't want to be too nervous in front of his subordinates and frowned and complained: "What do Tiger Fund want to do? Their boss is called... called..."
"Julian Robertson." The subordinate replied.
‘In the third part, Tiger Fund questioned Universal’s expected profit scale in the music and film industry, and they listed a series of industry data, including Edgar Bronfman, chairman of the Sigram Global Board of Directors, who confirmed to the media that Universal is suffering major challenges in the entertainment industry by physical and online piracy. Bronfman himself believes that the industry-wide revenue will shrink at an average annual rate of 10%, which is not reflected in the stock price performance before Vivendi’s suspension.’
‘At the same time, Vivendi himself has expanded greatly in the French media industry, and its branches have a very poor profitability…’
The TV continued to broadcast, and Bronfman reached to the landline, and his men were busy finding Julian Robertson's private phone, dialed it over and handed the microphone to him.
"Mr. Robertson, I'm Edgar Bronfman."
He asked calmly: "Are you anything you need to explain to me as to what your company is doing today?"
"Uh, all I want to say is in that report." Julian Robertson didn't expect him to call himself, and replied in a daze: "Read it carefully, maybe I know your company better than you, which will benefit everyone."
"You are playing with Julian, wanting to attract attention? Just because you have been in Wall Street, it's nothing?" Bronfman Jr. asked: "I don't remember any conflicts between my family and you. If you lack money, just say hello to me in advance. Why be like a gambler who loses eyes?"
"you!"
After all, Julian Robertson once called the wind and rain on Wall Street, and was poked into the pain by a word, "Business is business, I'm sorry!"
"Damn it, hung up my phone!"
Bronfmann little threw back the microphone, and his subordinates reported: "Mr. Messil is coming soon."
“It’s so embarrassing…”
He took his group to the fax machine to wait for the short report. The speed was very slow. The machine had just spit out a few pages, "You won't let me embarrass you in front of Messier, are you?" He picked it up, saw the words of the record, and asked Doug Morris.
"I don't know... maybe the Internet is faster." Doug Morris walked to the computer, read the YAHOO financial community, and soon found the news of Tiger Fund's sudden attack on the homepage, clicked on the inner page, and successfully downloaded the full text attachment of the shorting report.
Bronfman Jr. came over and saw the complete financial data of last year in the appendix of the first part...
"What's going on? Where did Julian Robertson get it!?"
He was very diligent and naturally had an impression of this document. He immediately glared at Doug Morris in furiously.
"I...I have to ask Lyle Cohen." Doug Morris quickly turned the blame.
"Now!" Bronfman yelled.
"Okay... OK." Doug Morris rushed to the landline and called the United States.
Meanwhile, in New York, Jazzy and his followers and friends are in the theater, enjoying the Blade Warrior 2 starring the boss.
"AP LuS will come to New York to conduct publicity tomorrow, and this opportunity is good."
It was equivalent to booking the venue, and there was no need to watch the movie etiquette. The followers were happily whistling Halle Berry, who had just transformed from a white coat scientist into a tight leather vampire, on the big screen, and the white accountant of Ro-A-Fella Records took the opportunity to whisper to Jazzy, "He seems to be really short of money, and is selling his business for cash. From this perspective, his emotions have returned to rationality."
Jazzy was still hesitating and hummed without comment.
"This is a god-given opportunity. You may not have a second chance in your life. He should not go bankrupt, and the stock market will not fall like this forever... When he recovers from the stock market crash, there will be greater resistance to becoming independent."
The accountant advised again.
"Yes, Jazzy, I will advise you to meet him tomorrow." Damon Dash, who urgently needs to cash out of Ro-A-Fella record, also persuaded him in the back row.
Jazzy took a few deep breaths, "That's because he doesn't know which record company I plan to transfer to the release..."
His next home is that after the Irv Gotty, who murdered the record, lost its label. Although Gotty had a bad relationship with the president Lyle Cohen during his lifetime, after Lyle Cohen lost Gotty, a New York rap tycoon also needed a big shot in the New York rap circle to switch to fill the vacancy left by Gotty...
The parent company is Global. Everyone knows that AP Lu S and Global boss are mortal enemies. They have quarreled several times in public, and Hollywood has made a sure rumor that they have made a bet on who will go bankrupt first... Although they spent money to redeem Ro-A-Fella for independence, the matter of being able to hide it for a short time, AP Lu S was absolutely furious after knowing the truth.
Halle on the big screen twisted, swaying in front of the Blade Warrior played by AP Lu S, gently stroked his scar-covered tendon flesh, and then the two hugged each other and started a passionate scene.
"Aowoo!"
The movies produced by AP LuS have always had a good reputation in this regard. Whether it is Lengshan, the girl next door or the blade warrior, there must be a plot that can make people feast their eyes. They will never fool the audience. The followers are more excited and yelling in the theater.
"I'll go and talk to a friend first..."
Jazzy was very wary of Damon Dash, who was in the wine business with AP LuS, and he didn't know that he had switched to the other party. He decided to meet President Lair Cohen before the showdown with AP LuS.
He has never been the kind of person who cares about the past and the fact that he has made up his mind to meet Lyle Cohen means he has made up his mind, but someone needs another push to strengthen his final confidence.
The followers had to look back at the big screen in one step and reluctantly followed him to drive to the record headquarters.
The atmosphere here is a little bit wrong today. After Jazzy entered the door, he felt that the front desk lady spoke shortly and was not in the mood to make fun of herself like she used to. Some white men and women in suits and ties were quickly moving in and out, many of them were brutal.
"What's wrong?" he asked the front desk lady.
The front desk shrugged and answered in an official manner: "You can go up, Mr. Cohen is in the office."
"Mr. Cohen?"
He left his followers, took the elevator upstairs with his accountant, lawyer and other new confidants, and pushed open Lyle Cohen's office and saw that the other party was pushing the glass window.
Lylecoen, whose hairstyle was as messy as a chicken coop, ignored him. The glass window here could only push a small gap. After trying it a few times, he had to give up and collapsed on the chair and gasped.
Jazzy hooked up a thick hemp rope on the boss's desk with his fingers. One end of the rope was tied with a dead knot, which was a bit like a lock sleeve for hanging... "Is something happened?" he asked in confusion.
Chapter completed!