"In order to continue to expand," Claude gave the answer without hesitation, "Although you always say that we should focus on new media, in fact we have indeed gained a lot from new media, but we have not It doesn¡¯t mean you¡¯re going to wipe out traditional media, even if they¡¯re about to fade away ¡ª what do you think about acquiring the New York Times?¡±
"Acquiring the New York Times? Is this necessary?" Adrian, with his hands folded, was noncommittal.
"I'm just giving an example," Claude waved his hand, "However, we cannot rely entirely on others in traditional media channels. We must have our own, which may be put to great use when necessary. It just so happens that they also want to enter new media, so we need to use the listing to attract more more significant investors and win over more people. AC Media still has a lot of room for growth, and shareholders will be happy to see this. of."
With that said, he handed a document in his hand to Adrian: "I have already talked with people from Goldman Sachs and JP Morgan, and we have reached an intention to cooperate, and they have begun preparations."
"Have we talked about it?" Adrian finally couldn't sit still anymore. He took it and turned a few pages impatiently. Then he raised it and frowned tightly, "Why didn't I know?"
Claude blinked and seemed a little unclear: "I told you before, just a few weeks ago, there was something I wanted to talk to you about, but because it was just a preliminary idea, I postponed it for the time being. ¡±
"This doesn't look like a preliminary idea." Adrian raised the document in his hand.
"That's right, but I sent the information to you one after another. You also signed it." Claude spread his hands and looked at him with strange eyes, as if he noticed something was different about him.
Adrian opened his mouth but did not say anything. His face became a little unsightly. During this period of time, there were Oscars and new movies, and then he had to visit the mainland. Many things were reviewed in a hurry and handed over to Ivan. Card processing.
"I disagree, Crow." Adrian finally said.
"Why?" Claude looked surprised.
"Because" Adrian pursed his lips, and then took a deep breath, "Didn't you notice? Crowe, the situation of Fannie and Freddie is not very stable. Since last year, some people have been unable to pay off their mortgages. , it¡¯s like a bank auctioning off a mortgaged house but still losing money.¡±
"Really?" Claude glanced at him suspiciously, and then recalled carefully, "Well, I remember that this kind of thing does happen, but it's not common. Isn't it?"
"If it has become widespread, then the entire investment environment will deteriorate." Adrian said immediately, "I remember that I and Ini had talked about some topics in this area before, and it is said that the situation is not very optimistic."
"Really?" Claude narrowed his eyes, "Donald and I have also talked about this, but he didn't say that. He admitted that there are some problems, but they will get better soon."
"But I heard New Century Financial Company has declared bankruptcy." Adrian, whose face became even more ugly, racked his brains and said.
"That loan company established in 1995? That's normal." Claude waved his hand. "It's entirely focused on loans. And it's main business is subprime loans. It's hard to withstand big storms, especially in finance. You You should understand this. I admit that the financial markets this year are more volatile than before, but this will not affect us."
Adrian couldn¡¯t help but cover his forehead. After a moment of silence, he said in a firm tone: "I still maintain my opinion."
"Why?" Claude finally frowned. "We are only splitting and listing, and the core business has been retained. The impact on equity is not great, so you don't have to worry."
"I'm not worried about this." Adrian's voice couldn't help but grow louder. "You know me, Crow. If it is really necessary, I have no objection to the group listing. I'm just worried about whether this fluctuation will expand. , will it become more and more severe? I have a bad feeling that this fluctuation will not end so easily."
"Really? When did you become a financial expert?" Claude originally wanted to say it in a semi-joking tone, but his eyebrows were raised so high that it seemed more like sarcasm.
"You don't believe me?" Adrian took a deep breath, a trace of annoyance flashed in his eyes, "Why? You also admit that my predictions have always been accurate."
"Yes, but that is more or less based on facts," Claude's tone also became a little unhappy, "Now you are telling us that subprime mortgage fluctuations may expand, okay, I admit that there is a certain probability, but then Very small, or in other words you don't have even remotely strong evidence that this is possible."
After a pause and hesitation, he said again: "Ed, you are outstanding, we all know it, but why not continue?"
Although he was very tactful, Adrian still heard the meaning of his words, and then slowly stood up, supporting his hands on the desk and looking down at Claude: "Can't you see, you really can't see Or do you not want to see it, Crowe? If we need funds, there are many ways to raise funds, and we do not necessarily need to go public! It is risky to do this at this time. If it were ten years ago, I would not hesitate to respond, as long as That¡¯s good for the group, but now, we don¡¯t need to take risks anymore!¡±
"To wait that is not realistic is to take a risk! I know exactly what I am doing, and nothing can be without risk. As long as it is within an acceptable range, and as long as the reward is greater than the effort, it is worth doing!" Lauder also stood up and looked at Adrian intently.
"Can you afford it? The reward is greater than the effort?" Adrian finally couldn't help but sneered, "I still have the same question, Crow, did you not see it, or did you not want to see it?!"
"I didn't see it? Did I not see it, or do you think I didn't see it?" Claude asked loudly, "I don't understand, Ed, you have always trusted me, why do you seem to be a different person now?" of."
"Of course I trust you, Crow. I trust you as always, but before you do this, shouldn't you even ask on the phone?!"
"Ha, you feel like your authority has been offended? Just because I didn't notify you on the phone?"
The two people¡¯s voices became louder and louder, and their emotions became more and more excited. In the end, they stared at each other like red-eyed bulls, neither giving in to the other.
After a moment, Claude said word by word: "You know, I could have told you after I finished it!"
That¡¯s right. Adrian has been letting go like this, so Claude, the president and CEO, has a lot of power. If he gets the support of the board of directors, he cannot stop such a thing from going public. Perhaps Claude wanted to express that the reason why he came to seek Adrian's opinion was because he respected his performance. But Claude forgot that at this time, this sentence had another meaning: Even if you know it, you can't stop me.
so. Adrian's face turned livid, and he answered the same word for word: "You can try!"
Claude¡¯s face also turned livid. He immediately turned around and left without saying a word, and then there was a loud bang at the door.
"What happened" Ivanka hurried in immediately, but as soon as she said something, Adrian punched the table with a loud "thud".
Then, with a crash, he swept all the things on the table to the ground, breathing heavily with his scarlet eyes open.
Ivanka couldn¡¯t help but take a step back. But she quickly stepped forward and grabbed Adrian's arm: "Calm down, Ed."
Adrian turned his head, the expression on his face was particularly ferocious. Ivanka was about to speak, but he plopped her down on the table and screamed in pain. Adrien ignored her completely and roughly lifted up her skirt. Pulling off her stockings and panties, she plunged in without any foreplay.
Ivanka screamed out in pain again, but she did not resist or struggle, she just bit her lip and allowed him to violently abuse her from behind.
¡¡¡¡
I don¡¯t know how long it took. Ivanka finally woke up and found herself lying on the sofa with a coat draped over her. She reluctantly sat up, took a few breaths of cold air with hiss, opened her coat, and saw that her top was fine, but her skirt had been ravaged to the point of being invisible, and her stockings had several big holes. She stretched out her hand to touch her waist. A feeling of pain immediately came to the limbs and inner thighs, and I'm afraid there were probably some bruises.
She smiled bitterly, and then looked at the figure standing in front of the floor-to-ceiling window. Adrian, who was only wearing a shirt, had his arms crossed and his back to her, seeming to be thinking about something.
Ivanka stood up and walked behind him, reaching out and hugging his waist from behind: "Are you feeling better now?"
Adrian turned around, held her cheek, and looked down into her eyes: "Did I hurt you?"
"It's not bad" Ivanka smiled.
"I hurt you." The question turned into a statement, and the next second he held her in his arms, "I'm sorry, Yi Ni, I'm sorry, but I promise it won't happen again."
"It doesn't matter," Ivanka hugged him tightly, as if she wanted to embed her entire body. "This is the first time I see you and Crowe quarreling quarreling with your best friend, it must be terrible."
"Yes, the last best friend, the best partner," Adrian sighed deeply, "There is a huge crack in the friendship that has lasted for decades."
"What can I do for you?" Ivanka's tone was filled with rare and indescribable tenderness.
"No, no need," Adrian stroked her blond hair, "You have done enough for me, I will handle it, trust me."
This quarrel happened very suddenly. After calming down, Adrian began to reflect. He seemed to bea little allergic. However, he really didn't expect that Claude actually wanted to list the group, and at this juncture.
What a hell! If it were any other time, Adrian would not refuse even if he was reluctant. After all, there is no media group that is not a listed company. In order to attract more important people, it is not impossible to consider. But why is it now, and we have already reached preliminary cooperation intentions with two major investment banks. If we go public now, three months later
He didn¡¯t realize it, how could he not realize it Every time he thought of this, Adrien felt very upset. Well, it is normal for Claude not to realize that the uncertainty of financial fluctuations may not be clearly visible even to those behind the scenes. Just like Soros in 1999, he believed that the IT bubble would burst at that time, so he invested a large amount of money in short selling, and ended up losing a lot of money.
But from another perspective, if even Claude did not anticipate the timing of the subprime mortgage loan defaults, then the possibility of someone behind the scenes is very low. As mentioned above, almost no one can predict the uncertainty of financial fluctuations perfectly. Even if everyone knows that such a day will come sooner or later since the Federal Reserve starts to lower interest rates, but the specific time is unknown. Know. Adrian originally planned to take this opportunity to make another fortune.
Therefore, it is no wonder that Adrian had such a violent reaction after hearing that Claude planned to go public at this time - or this is just one reason. In addition, Adrian instinctively wants to maintain himself authority, probably for another reason.
Yes, it was said more than ten years ago that few companies that can develop into large groups have dual cores. Basically, one person is the principal and the other is the assistant. Although Adrian chose the latter, he also used various means. For example, release some forward-looking information to add weight to yourself.
For a long time, he and Claude have worked closely. Many things will discuss in advance and pay for it. The AC media industry has developed step by step into today's scale. However, now suddenly, when he was completely unprepared, Claude proposed to list the group, and everything was ready and all he needed was Dongfeng. Not to mention Adrian, any board chairman would feel uncomfortable.
In addition, Adrian is used to being responsible for the general direction and leaving all the details to Claude. Suddenly faced with the situation where the other party wants to force something he doesn't want, it is natural to protect himself instinctively.
So and so, it is at this time, the eve of a disaster that is destined to come. Several factors were intertwined, and Adrian would not agree to it anyway, so disputes were inevitable.
But he couldn¡¯t convince Claude, even after sitting in this position for so many years. He also has a fair understanding of finance, but he is still not as good as Claude. Although I had a good discussion with him in the past and persuaded him to accept my opinion several times, that was only after doing enough homework. Now, Adrian can only find some unconvincing information temporarily, even if it is twisted. New Century Financial Company, which he tried his best to think of, was quickly refuted by Claude, and the dispute escalated.
In fact, it is not that the two people have never had disputes before, but they will eventually end in a limited compromise by one of them. But I don't know why today, even when Adrian expressed his strong opposition, Claude still refused to give up, which eventually led to the situation getting out of control.
Damnwell, I have to bear a large part of the responsibility. Adrian thought so after reflection. If he could be more careful, instead of focusing too much on other aspects, see Claude's documents about preparing for the listing in advance, and even remind Ivanka, he wouldn't be so passive today.
¡°But, it¡¯s strange, just because I couldn¡¯t keep calm, why is Claude so impulsive? This is indeed a question, but unfortunately it is difficult to get an answer now. After the big fight that day, the two of them have not spoken on the phone in the past few days. Even if they met, they just nodded coldly with a sullen face.
This is not a good thing. In any case, ac media¡¯s ability to carve out a way in the media industry and achieve its current scale is closely related to the close and complementary cooperation between Adrian and Claude. This is something that no one else has. cannot be repeated. Now, there is a rift between the two, coupled with the subprime mortgage crisis.?At present, if the relationship cannot be repaired, it will inevitably have a serious impact on ac media.
Besides, Adrian and Claude are not without feelings. Whether it comes from the other third of their souls or the accumulation of more than ten years of hard work, Claude is indeed Adrian's most sincere friend. Brother and best friend, he definitely doesn't want to lose him.
So, a few days later, Adrian, who had completely calmed down, guessed that Claude had almost thought about it, and then took the initiative to go to his office.
"Hi, Crow." Sitting down behind the desk, Adrian took the lead in saying hello.
"Hi, Ed." Claude stopped what he was doing and nodded to him.
¡°Then there was¡ a long silence, both of them sitting like this, looking at each other from time to time but saying nothing.
Finally, it was Adrian who took the initiative to speak: "I want to apologize to you, Crow. I was really too impulsive that day. I should be calmer."
"Me too," Claude nodded again, "If I could control my emotions a little maybe there wouldn't be any quarrel."
"But I won't give up my opinion," Adrian said immediately, "I still think that now is not a good time to go public. I hope you wait at least another three months."
Claude pursed his lips and didn't speak, and there was another long silence. Adrian couldn't speak anymore. Firstly, he would never agree to let the group go public at this time, and secondlyhe couldn't take the initiative to speak. Say something like, "We can discuss it in detail," because that means showing weakness. Regardless of whether Claude would take advantage of this, as the chairman of the board of directors, Adrian could not speak like this at this time.
After a long time, Claude finally spoke: "Let's take a step back. I don't seek to list the company, but I need to raise funds in the primary market."
Although this was not what Adrian wanted, it was at least much better than going public, and Claude was right. Everyone needed to make concessions on this matter, so he did not refuse: "I think I can agree."
Then, a long silence came again, until Adrian stood up to say goodbye and left, neither of them said another word.