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originally posted by: Substracto
a reply to: amazing
Amen! but whenever I look at Cruz, I see a count, count dracula and not a baby jesus believer.
oh and to lighten things up a bit, please check: www.youtube.com...
In the world of high finance, Steven Mnuchin is best known as the guy who led the private buyout of IndyMac. The Southern California regional bank was drowning in bad mortgages after the financial crisis of 2008. Mnuchin and a group of investors, including John Paulson and George Soros, bought the bank for $1.55 billion and turned it around changing the name in the process. OneWest now has assets of $25 billion and $14 billion in deposits. While Mnuchin was rebuilding the bank, he was also quietly investing in Hollywood. His Dune Entertainment started helping Fox finance films in 2006. He’s been a part of the X-Men franchise, Alvin and the Chipmunks, and the most successful movie of all time, Avatar. According to the New York Times, Dune and another private hedge fund covered as much as 60% of the budget. At the time it seemed like a huge risk. Avatar’s budget was spiraling above the $200 million mark and an original story was (and still is) a huge risk in Hollywood. But it more than paid off. Avatar grossed $2.7 billion at the global box office making it the highest-grossing film of all time (on an unadjusted basis). Despite the success Mnuchin has had with Fox, after a number of deal extensions he told me both parties felt it was time to move on. For the next four years, he will be helping Warner Bros. finance all of its movies aside from the Lord of the Rings and Harry Potter franchises. Mnuchin expects to have a position in 75 films with a reported investment of $450 million. Movies might seem like a strange investment for someone like Mnuchin but it makes sense considering his past success in making risky bets. He dove into the world of mortgage-backed securities at a time when most financiers were running the other way. Hollywood is similarly risky. It’s almost impossible to tell if any one movie will sink or swim. Avatar was a huge hit but Pacific Rim, another big budget original sci-fi story from a visionary director, was a flop. Mnuchin gets this and unlike other Wall Street folks who have moved out to Los Angeles and fancied themselves film pickers, Mnuchin knows when to take a back seat.
originally posted by: burdman30ott6
a reply to: dukeofjive696969
Does the term "degrees of separation" make any sense to you? It would appear on the outside that the concept flies right over your head. How about "magnitude of contribution?" No? Perhaps "Overall Return on Investment Potential?" Still no?
Soros' CURRENT fund managers donated a half a million dollars to Kasich to keep him in the race as long as possible.
www.thepoliticalinsider.com...
With this Mnuchin business, first we're dealing with an individual whose fingerprints are on a total of $120,000 in political donations to BOTH parties over the course of 20 years (in other words, a HELL of a lot less than the single bankrolling effort we're talking about where Kasich is involved.) and we're talking about a guy who worked for Soros Fund Management, as an investment professional, for less than 1 year, 13 years ago.
www.publicintegrity.org...
From 2003 to 2004, Mnuchin worked as chief executive of SFM Capital Management, which the Wall Street Journal reports is backed by Soros. He also worked for Soros Fund Management LLC, according to Bloomberg.
Are we experiencing perspective issues again, unable to tell the difference between $500,000 TODAY given by CURRENT Soros managers and $120,000 over 20 years given by someone who worked for Soros 13 years ago? Sure seems that way.
ETA: I'm not taking any bets with you that require me to avoid insulting you.
originally posted by: dukeofjive696969
You would think that by reading back a few pages in this thread, and read what you wrote a while back, now defending this soros connection.
originally posted by: burdman30ott6
a reply to: dukeofjive696969
Does the term "degrees of separation" make any sense to you? .