Witness of the film and television world

Chapter 102
Aiming at the $300 million investment, Buffett began to explain to Payton why.

All in all, this is a big drama in which a wealthy family competes for property.

Not long ago, Mr. Eugene Meyer, the former boss of the Washington Post Company and the father-in-law of the current boss, made a sudden attack and took out a contract signed at the beginning.

This is the contract that he lent money to Graham to acquire 70% of the shares. It stipulates many details, including the relationship, status of marriage, and various information. Once violated, 70% of Graham's shares will be automatically transferred to him daughter hands.

Eugene Meyer pointed out that Philip L. Graham had violated many treaties and had to transfer the gifted 70% of the shares to his daughter.

Naturally, Philip L. Graham would not let it go. He began to mobilize his connections and strength, hoping to win in court.

Of course, 99% of the victory or defeat above the court depends on the factors outside the court, and this time is not the same.

Older gingers are more spicy.

Every move of Philip L. Graham was anticipated by Eugene Meyer, and then calmly resolved.

This is Washington, the base of Eugene Meyer, where his strength can be displayed to the fullest.

People are not animals, and the old lion will be replaced by the new lion king, but who can underestimate an old federal boss?

Over the past few decades, countless relationships and interests have been exchanged, and a person is a large network of resources and information. In a sense, this large network is the crystallization of a person's life compared to the body that will age. A valuable resource that will be passed on.

In the face of former Federal Reserve Chairman Eugene Meyer's huge network of contacts, plus contracts in black and white, plus St. Elizabeth's presentation - the last straw that broke the camel's back, Graham's mental illness report...

Philip L. Graham had no room for resistance and was completely eliminated.

Today, Philip L. Graham has been forcibly sent to a mental hospital in central Washington.

Oh, the mental hospital of this era, that is a good place!

You can refer to the prototype of Arkham Hospital.

Cut brains, make messes, make money from patients, go in sideways, come out lying down...

As a public hospital with no source of funds, patients are their free money-making tools, beautiful reputation, labor therapy!

Capitalists cry!
The result of Philip L. Graham will not be mentioned for the time being. After all, he still has family members, and he may try his best to fish him out.

For now, 100 percent of the shares of The Washington Post Company belong to the new owner, Katherine Graham.

……

"Spicy!"

A word flashed through Payton's mind.

Eugene Meyer's methods are really old-fashioned and fierce.

Philip L. Graham can also be regarded as an outstanding man. With the help of his father-in-law's resources, the Washington Post has flourished. He even started to participate in politics and achieved considerable achievements. He is obviously an upper-level elite.

I have a wide range of friends, and I have connections in Congress and the local government.

But in the face of his father-in-law's attack, he didn't even persist for a week, was eliminated directly, and was sent to a mental hospital.

It can only be said that Eugene Meyer may have been waiting for this sword for a long time, and after it was unsheathed, it hit the vital point!
Accurate seven inches.

As expected of the former chairman of the Federal Reserve, a commercial predator standing at the top of the federal financial world.

However, what role did Buffett play in it?

Although this guy deliberately played down his own existence, Payton's intuition told him that this guy definitely played a big role.

"So, Ms. Catherine Graham, do you have any ideas?"

"No! It's Mr. Eugene Meyer. Although the shares belong to Ms. Catherine Graham, she is not good at business. Everything will be handled by Mr. Eugene Meyer."

Peyton nodded and continued: "Then, why did Mr. Eugene Meyer have the idea of ​​making a move? The Washington Post is a very high-quality business?"

Buffett explained: "Mr. Eugene Meyer is old and does not have the energy to run a high-quality business, and Ms. Katherine Graham does not have much experience in this, and compared with the media industry, Eugene Meyer Meyer is more bullish on hotels, real estate..."

Peyton probably understood what Eugene Meyer was thinking.

The Washington Post is naturally linked to politics, and it is a big cake for ambitious people.

But for "Housewife" Ms. Katherine Graham, it was a poisoned apple.

Eugene Meyer was afraid that she would not be able to keep it, so he might as well enter into a business with a more stable value. Even buying a building and collecting rent would be more reliable than running the Washington Post, so he had the idea of ​​selling it.

Steady layout, calm hands, this old gentleman is very powerful!

"Thank you for your clarification, Mr. Buffett."

"I have full trust in your ability and the club's situation. I hope that the 300 million will not be the last sum!"

Buffett said respectfully: "Sir, I will never betray your trust."

……

a few days later.

Washington, in a manor.

A middle-aged lady was pushing a wheelchair, and sitting on it was a kind and kind old man in simple clothes and black-rimmed glasses.

"Father, are we really going to sell the Washington Post to that young man?"

Catherine Graham frowned slightly, feeling a little bit reluctant.

She was a housewife as well as a reporter and editor, and the Washington Post poured a lot of affection into her.

Eugene Meyer glanced at her. "Why not?"

"I know you are reluctant, but it is not a good thing for the Washington Post to stay in your hands. I don't want you to get too involved in political matters. Don't forget, you are still the mother of several children."

Catherine fell silent, child, it was something she had to think about.

Failed marriage, failed family, and now, her only sustenance is a few children.

Of course, her father had told her about this matter long ago, and she had made a decision long ago, otherwise no news would have been released.

But how can such things as feelings be discarded too rationally?
Seeing his daughter's appearance, Eugene Meyer sighed in his heart, and became more firm in his thoughts.

How can a "housewife" without decisive decision-making ability cope with the complicated news media career?
It is better to cash out earlier and buy a more stable industry, which is enough to ensure wealth.

"Father, why must it be that young man?"

"There are also many people in Washington who are interested?"

Catherine asked again, in her opinion, there are many of her father's friends who are interested in the Washington Post, and they are all good candidates.

Eugene Meyer explained: "It doesn't have to be that young man, but at the moment he seems to be the best fit."

(End of this chapter)