[Marxism] Clint Eastwood's "The Changeling"

[S. Artesian]

I was referring, in the main, to culture-- culturally derivative.  However, 
yes Hollywood did go to investment banks to finance some works and did 
establish positions in derivatives, and hedges-- include credit default 
swaps to protect themselves in case the movie came a cropper and they 
couldn't refinance. Don't know how extensive it was.

One thing I don't think they were able to establish in the realm of publicly 
traded securities was the film version of a collateralized debt obligation--  
where the debt is secured by a revenue stream from either movie box office 
receipts, video royalties, sales to cable etc. Maybe Joaquin has so info on 
that. But I bet that it gets done the next time around-- probably using the 
rights to the studio film library as collateral.

Tell you what, we could probably get them to collateralize the revolution 
and issue notes during the next bubble.
----- Original Message ----- 
From: "Les Schaffer" <schaffer at optonline.net>
To: <sartesian at earthlink.net>
Sent: Saturday, November 01, 2008 2:44 PM
Subject: Re: [Marxism] Clint Eastwood's "The Changeling"