Tense Negotiation Between Investment Bankers and Corporate Lawyer (Full Transcript)
Speaker 1: Have a seat, Mr. Litt. I'll be with you in a minute. You'll be with me? Yes, as I said, in a minute.
Speaker 2: Uh-huh. Well, you know, I'd ask you who you are, but the truth is I, uh, I don't really give a shit.
Speaker 1: Where the hell's Tony Giannopoulos? Mr. Giannopoulos is upstairs. To get upstairs, you have to get through those doors. And to get through those doors, you have to get through me. And you're not getting through me. Well, perhaps I have the key. This is a balance sheet from one of our subsidiaries.
Speaker 2: This is nothing. Sorry, forgot. It's a combination lock. This represents the totality of Giannopoulos' limited holdings. You control 40 percent of U.S. radio stations, foreign production, interstate trucking, and that's just the tip of the iceberg.
Speaker 1: Looks like I picked the right employer. One problem.
Speaker 2: Hessington Oil owns enough of those industries to get you in trouble with the FTC. Yeah, you think we wouldn't find that? You think we wouldn't?
Speaker 1: These folders are out of date. We've already divested.
Speaker 2: Into this, this, and this. So what?
Speaker 1: Hessington doesn't have holdings in those areas.
Speaker 2: They do now. And if you don't leave them alone, you're going to be tied up with my friend from the FTC until kingdom goddamn come.
Speaker 1: Got that, Spank? Then it's a good thing Mr. Giannopoulos arranged an exception for us over dinner with his friend, the commissioner of the FTC. That's not legal. Legal? Yes, it is. As long as we disclose it, which we always do. You think you're the first lawyer to try to outsmart us? We're not lawyers. We're investment bankers. We call you for the paperwork. We didn't go to Harvard. We went to Wharton, and we saw you coming a mile away. Spank. Oh, by the way, Mr. Giannopoulos is in Monaco. Christina will validate you on the way out.
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