Wednesday, May 29, 2019
Imaginative :: essays papers
Imaginative It is strange how things can change in short a period of time. It was only two years ago that Philip Morris was a dwindling tobacco smart set millions of dollars in debt. The stock market was facing a rapid decline in value. Stocks plummeted sharply in all areas. Like every other business in the country, Phillip Morris was at its lowest phase. Massive layoffs as well as severe cutbacks haunted the executives. After the stock value of Phillip Morris shares plummeted, the companys chief stockholders were selling their stakes at pennies on the dollar. I took this desperate time to finally realize a dream I gestate had for years. I had amassed a large wealth from previous investments and projects. Reverting a public company with millions of shareholders into a private enterprise would be the most toilsome task I would ever accomplish. I was able to deal with the major stockholders to purchase a vast majority of the company, about 75%. After some(prenominal) c ompany shareholder meetings, I determined to revert the company to a private business, and I worked out a buyout for all remaining stockholders. Of course this similarly was made cheap due to the failing economy. Phillip Morris made pansys, Miller beer, Kraft products, and leveraged and directed finance leases. I planned on playing with the publics emotions on Big Tobacco Companies in helping me with my plan. As soon as the previously commodious Phillip Morris was sold to me, we ceased production of the once lucrative cigarette portion of our portfolio. This became a great media exposure. We sold the concept of becoming a healthy family business concerned with the welfare of the public. This company now owes a great deal to the slithering lobbyists who helped make what Phillip Morris once was. If it werent for the lobbyists, I would still be obligated to comply with the court judgments for the idiots who became ill due to smoking relate diseases. Those people did not even deserv e the money they were rewarded. How could someone not know that cigarettes caused cancer, emphysema, or impotence, among other illnesses? I was glad the lobbyist were able to stop anyone look for for damages due to smoking, and all it cost me was dissolving the cigarette section of the company. I now know that if I pay a lobbyist enough, they can work over a Senator to do anything I want.
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