Why did Gekko break-up Bluestar airlines?

Discussion in 'The Howard Stern Show' started by Lucky Pierre, Mar 2, 2015.

  1. Lucky Pierre

    Lucky Pierre Well-Known Member

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    The better idea is to expand the airlines with Bud as President investing the savings from Union concessions.

    Sir Lawrence Wildman is the one who fucked everything up. Geckko nailed it with Teldar Paper and Anacott Steele.
     
  2. SlowAdam

    SlowAdam misunderstood/forgotten wackpacker

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    blue horseshoe loves anacott steel
     
  3. gridlockd

    gridlockd Well-Known Member

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    BECAUSE IT WAS WRECK-ABLE
     
  4. pickles3000

    pickles3000 Well-Known Member Banned User

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  5. DiamondGoddess

    DiamondGoddess Born Ready for My Close-Up! DawgShed News Gold

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    Because the script needed conflict.
     
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  6. LaserT

    LaserT You have to have fun.

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  7. SlowAdam

    SlowAdam misunderstood/forgotten wackpacker

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  8. SouthernListen

    SouthernListen I don't follow the crowd. Sorry about that. VIP

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    Which fellow in this scenario is the Lucky Pierre?
     
  9. Droog

    Droog Well-Known Member VIP

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    Here's how the game works: investment bankers buy the company for less than the sum of its parts, get labor concessions, make the company pay them as management consultants, run up the company's credit, then liquidate. They make tons of money as a creditor for their consulting work, then get a piece of the pie in liquidation. They never lose.
     
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  10. salty

    salty New Member VIP

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    Look guys, what's the problem? Let's for the kill.

    Gekko's got 12% and climbing plus the unions are in his pocket for now, everybody on the street knows the stock's in play.

    By next week the street's gonna own Bluestar and management won't be able to do anything but poison their own pill. Why are you guys dicking around? Is the bank financing in place or are we gonna have more and more meetings?

    Our firm's gonna guarantee 25 percent of the total debt structure in long term junk bonds. Now you guys either sign this piece of paper right now or we're gonna pull and head for another bank on the 75!

    We already got the Bleezberg brothers lined up to build condos where the hangars are...we can lay off the planes with Mexicana, who are dumb enough to buy them and Texas Air is drooling at my kneecaps to get the slots and routes.

    What's the problem? It's done.

    Of course the beauty of it is the overfunded pension fund. Gekko gets the 75 million in there. Fifty million buys him the minimum annuities for 6000 employees and he walks away with the rest. All in, he'll net 60 to 70 million. Not bad for a month's work.