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Latest Tinseltown deal: Terminated
Yet another casualty of the clampdown on credit: Hollywood. Goldman Sachs and Deutsche Bank were working on a deal with MGM to finance movies — up to a billion dollars. They were talking about backing a new Terminator film and maybe the next James Bond flick, but the Financial Times reports the banks have pulled out.
Posted on August 16, 2007 5:08 AM PT | Permalink
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I've just listened to Mr. Stein's concern for the poor working man. No doubt he drove his Bronco to the station to make his plea for the common man. Honestly, Ben Stein weeping for the common man's fate? After my sides stopped hurting from laughing ...
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