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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:00,649 --> 00:00:07,230 Hello, I'm calling from the trip. I'd like to... How much money was it? It was 2 00:00:07,230 --> 00:00:08,230 over $1 ,000. 3 00:00:08,650 --> 00:00:09,830 Was it over $10 ,000? 4 00:02:03,150 --> 00:02:05,910 the airport. How's it look? A mess in there, Mr. Davis. A real mess. 5 00:02:06,430 --> 00:02:09,470 What about injuries? Radio said two men were hurt? Yeah, second degree burns. 6 00:02:09,610 --> 00:02:10,610 Too early to tell. 7 00:02:10,729 --> 00:02:12,590 They were within ten feet from the blast. 8 00:02:12,830 --> 00:02:13,830 Oh. 9 00:02:13,890 --> 00:02:15,570 Any idea what caused it? Not yet. 10 00:02:15,890 --> 00:02:16,890 I was in New York. 11 00:02:17,610 --> 00:02:18,770 Well, nobody ended the week. 12 00:02:19,370 --> 00:02:20,370 Damn. 13 00:02:20,890 --> 00:02:22,830 It's probably going to be all over the six o 'clock news. 14 00:02:23,150 --> 00:02:24,470 Keep me up to date on those two men. 15 00:02:24,710 --> 00:02:25,710 Will do. 16 00:02:33,380 --> 00:02:34,540 Rossi, back off, will you? 17 00:02:35,240 --> 00:02:36,240 Please? 18 00:02:37,640 --> 00:02:38,640 A little more? 19 00:02:39,720 --> 00:02:40,720 Thanks. Let's go. 20 00:02:41,820 --> 00:02:45,220 I guess we better talk to these people, huh? Look, I understand these guys. Let 21 00:02:45,220 --> 00:02:47,760 me handle them. That's what you're paying me for. Okay, thanks, Rick. See 22 00:02:47,760 --> 00:02:49,080 get what they need, I'll check out the damage. 23 00:02:49,540 --> 00:02:51,880 Ah, Rick Haven, media liaison for electronics. 24 00:02:52,300 --> 00:02:53,480 Joe Rossi, trivia. 25 00:02:53,760 --> 00:02:56,220 I'll call us in, I'll meet you at the car. Be there in a minute. 26 00:02:56,830 --> 00:02:59,910 Give a damage estimate yet? Place looks pretty well gutted. Fire department 27 00:02:59,910 --> 00:03:03,090 estimates loss at over a million. Oh, yeah, I'd say it's more than that. 28 00:03:03,330 --> 00:03:04,189 How much more? 29 00:03:04,190 --> 00:03:07,250 Well, I really couldn't say until the insurance boys go through it. Just a 30 00:03:07,250 --> 00:03:08,250 ballpark figure. 31 00:03:08,870 --> 00:03:12,830 I really couldn't say. I mean, there's too many factors to consider. Unit swaps 32 00:03:12,830 --> 00:03:16,570 and productions, how much gear is salvageable, how much we'll lose 33 00:03:16,570 --> 00:03:18,010 upon how long we're shut down. 34 00:03:18,430 --> 00:03:20,590 The division handles stereo components, is that right? 35 00:03:20,910 --> 00:03:21,910 Yeah, that's correct. 36 00:03:22,030 --> 00:03:26,110 But calotronic is highly diversified, so it shouldn't be too badly hurt by this. 37 00:03:26,760 --> 00:03:28,580 Do you have the ID on the injured workers? 38 00:03:29,720 --> 00:03:32,300 Well, we're trying to notify the family first, you understand. 39 00:03:33,040 --> 00:03:35,660 You'll get to them first. The story doesn't come out in the streets until 40 00:03:35,660 --> 00:03:36,660 tomorrow. 41 00:03:37,160 --> 00:03:40,540 Look, I can always check with the hospital for the name. I'm sure you can. 42 00:03:41,220 --> 00:03:45,000 Look, if you need anything else, don't hesitate to call. 43 00:03:45,680 --> 00:03:49,400 Oh, and say hi to Adam Wilkins for me. I helped him out in the story not too 44 00:03:49,400 --> 00:03:51,860 long ago. He should be able to give you all the background on what you need. 45 00:03:52,460 --> 00:03:53,460 Nice talking to you, Joe. 46 00:03:58,250 --> 00:03:59,069 Hi, Billy. 47 00:03:59,070 --> 00:04:00,070 Hi, Hal. 48 00:04:01,590 --> 00:04:02,990 Working on anything interesting? 49 00:04:03,350 --> 00:04:05,130 I've got the dumb story about a parrot. 50 00:04:05,730 --> 00:04:07,170 You run out of new column ideas? 51 00:04:07,510 --> 00:04:11,170 I ran out of new column ideas in June, 1963. 52 00:04:11,990 --> 00:04:15,070 How about an African grey at the animal shelter? 53 00:04:15,630 --> 00:04:18,450 Nobody wants him because the only things he says are words we can't print. 54 00:04:19,690 --> 00:04:20,690 A dumb parrot. 55 00:04:21,329 --> 00:04:23,790 And I must have done a dozen columns on obscenity. 56 00:04:24,370 --> 00:04:26,690 Sounds like my kind of bird, though. Thanks anyway. 57 00:04:35,310 --> 00:04:37,310 wrote a funny story? His expense account. 58 00:04:37,910 --> 00:04:40,910 I love how the only conferences he goes to are at Flesh Resort. 59 00:04:41,250 --> 00:04:42,930 He even puts ski lessons down. 60 00:04:43,230 --> 00:04:45,570 His most creative writing goes into his expense account. 61 00:04:48,990 --> 00:04:49,929 Say this. 62 00:04:49,930 --> 00:04:52,190 I need more time, Lou. I'm getting stonewalled. 63 00:04:52,490 --> 00:04:55,150 You've got the story, haven't you? What's the big deal about a fire? 64 00:04:55,690 --> 00:04:59,390 I have a funny feeling about these guys. Rick Havens is their flat. I never 65 00:04:59,390 --> 00:05:01,950 trusted him to be covered business to Channel 10. 66 00:05:02,190 --> 00:05:03,550 Do you think they're trying to hide something? 67 00:05:03,810 --> 00:05:06,830 These big companies are always hiding something. I think there's more to it 68 00:05:06,830 --> 00:05:10,170 just a simple fire, or they wouldn't be so evasive. I can't even get the names 69 00:05:10,170 --> 00:05:11,170 of the guys in. 70 00:05:11,370 --> 00:05:12,990 Okay, send Animo back in. 71 00:05:13,310 --> 00:05:15,590 And stick with it. You can take a cab back. 72 00:05:16,910 --> 00:05:18,170 Billy, what are you working on? 73 00:05:18,740 --> 00:05:22,960 Dirty old parrots that deserve to be locked up. It'll keep. Check the clips 74 00:05:22,960 --> 00:05:25,980 Calectonics Industries. See what you can find on the fire they had at the plant 75 00:05:25,980 --> 00:05:26,980 today. 76 00:05:30,600 --> 00:05:31,900 Did you find anything yet? 77 00:05:32,640 --> 00:05:34,400 You know as much as we do at this point. 78 00:05:35,120 --> 00:05:39,120 An explosion in the assembly area and the whole building was involved in 79 00:05:39,120 --> 00:05:40,120 minutes. 80 00:05:40,220 --> 00:05:41,220 That's it? 81 00:05:41,520 --> 00:05:42,840 It was one hell of an explosion. 82 00:05:43,680 --> 00:05:44,680 Very scientific. 83 00:05:45,260 --> 00:05:48,640 Come on, Richardson. Your unit doesn't usually show up unless it's a 84 00:05:48,640 --> 00:05:49,459 of ours. 85 00:05:49,460 --> 00:05:51,180 Just routine, Joe. It may not be ours. 86 00:05:51,600 --> 00:05:54,400 When you say it may not be, do you mean... Forget it, Joe. 87 00:05:54,620 --> 00:05:57,380 I know what you're trying to do. I'm trying to do a story is what I'm trying 88 00:05:57,380 --> 00:05:59,780 do. Look, I'll file a report soon. 89 00:06:00,240 --> 00:06:03,040 If I make an extra copy for you, will you stop shadowing me? 90 00:06:05,160 --> 00:06:06,780 I'm not trying to shadow you. 91 00:06:07,840 --> 00:06:09,880 Hey, Richardson, how about a lift downtown? 92 00:06:13,070 --> 00:06:16,370 Keep me informed on the buyer stuff. It looks like it's the only thing we have 93 00:06:16,370 --> 00:06:17,369 to lead with. 94 00:06:17,370 --> 00:06:19,650 Right. I'll see you two back any minute. Yeah. 95 00:06:21,170 --> 00:06:22,170 Charlie. 96 00:06:23,050 --> 00:06:24,050 Yeah. 97 00:06:24,270 --> 00:06:28,110 I'm a little dry on column material. 98 00:06:28,370 --> 00:06:29,370 I need to jet. 99 00:06:31,290 --> 00:06:33,790 There's new stuff going on all the time. What's your problem? 100 00:06:34,370 --> 00:06:37,290 You've been writing a daily column as long as I have. Nothing's new. 101 00:06:38,190 --> 00:06:39,770 Have you tried just relaxing? 102 00:06:40,570 --> 00:06:44,630 And giving the thoughts from your subconscious a chance to bubble up. 103 00:06:45,650 --> 00:06:47,310 I don't want to hear from my subconscious. 104 00:06:55,050 --> 00:07:01,870 What did you do, Rossi? Cover the fire or 105 00:07:01,870 --> 00:07:02,689 fight it? 106 00:07:02,690 --> 00:07:05,710 That's nice. I ruined a brand new pair of shoes vlogging around for a story, 107 00:07:05,710 --> 00:07:06,710 that's the thanks I get. 108 00:07:06,860 --> 00:07:10,140 It's amazing how whenever a reporter ruins a pair of shoes covering an 109 00:07:10,140 --> 00:07:12,080 assignment, they always pan down. 110 00:07:14,900 --> 00:07:18,600 I got enough for a fire story, but I know there's more there. I just don't 111 00:07:18,600 --> 00:07:19,600 these big companies. 112 00:07:19,660 --> 00:07:20,559 Well, good reason. 113 00:07:20,560 --> 00:07:21,860 What'd you find on the clip, Billy? 114 00:07:22,240 --> 00:07:23,940 Very dapper. You must have a date. 115 00:07:25,280 --> 00:07:27,220 It's just one item on the plant itself. 116 00:07:27,560 --> 00:07:31,140 Last year, the fire department cited Calatronics for 12 safety violations. 117 00:07:31,540 --> 00:07:33,280 I knew they were hiding something. 118 00:07:33,840 --> 00:07:36,560 There's an article from a month ago about a Lester Sorensen. 119 00:07:37,200 --> 00:07:41,460 He was general manager of the company for years, and then he just up and quit. 120 00:07:41,680 --> 00:07:44,800 It took everybody by surprise because he'd just been named the company's 121 00:07:44,800 --> 00:07:48,280 president. It says here a Russell Davidson took his place. 122 00:07:49,140 --> 00:07:52,580 From the young hot shot out of New York. Adam did the story. It's a little 123 00:07:52,580 --> 00:07:53,980 uncooked. Figures. 124 00:07:54,680 --> 00:07:59,060 Adam, what can you tell us about Calectronics and this Davidson thing? 125 00:07:59,060 --> 00:08:00,760 like you wrote this story from a press release. 126 00:08:01,360 --> 00:08:04,220 Hold on a minute. Who I built this for? I'm talking to everybody I could. 127 00:08:04,980 --> 00:08:07,640 If you look, you'll notice we were the only paper that had the story of 128 00:08:07,640 --> 00:08:09,140 Davidson's appointment before it happened. 129 00:08:09,520 --> 00:08:10,860 Okay, but why did it happen? 130 00:08:11,380 --> 00:08:14,520 As near as I can tell, the old man, Sorenson, wanted to retire. 131 00:08:15,020 --> 00:08:17,440 It's just a case of a company deciding to go with young leadership. 132 00:08:18,340 --> 00:08:20,300 What do we really know about Cal Electronics? 133 00:08:20,720 --> 00:08:22,260 Well, they used to be a pretty healthy company. 134 00:08:22,920 --> 00:08:26,560 Imports have cut their share of the market, but their management is stable, 135 00:08:26,680 --> 00:08:27,760 reasonably progressive. 136 00:08:28,160 --> 00:08:30,440 I get the picture. You never met a company you didn't like, right? 137 00:08:31,950 --> 00:08:36,049 According to the clip, the plant was set up for 12 safety violations last year. 138 00:08:36,070 --> 00:08:36,829 What about that? 139 00:08:36,830 --> 00:08:40,230 Yeah. Could this be a convenient fire or the result of negligence? 140 00:08:41,150 --> 00:08:42,250 Oh, I doubt it. 141 00:08:42,470 --> 00:08:44,570 Cal Electronics has always been a pretty straight outfit. 142 00:08:45,070 --> 00:08:47,830 Okay. Billy, contact the company. Get an interview with Davidson. 143 00:08:48,390 --> 00:08:51,150 Rossi, we'll go with what you've got, but follow up on it. I knew we'd find 144 00:08:51,150 --> 00:08:52,150 something on these guys. 145 00:08:52,270 --> 00:08:53,690 Rossi, you see conspiracies everywhere. 146 00:08:54,090 --> 00:08:55,950 Yeah, and sometimes I find them. 147 00:09:01,800 --> 00:09:05,880 and bring this up in front of everybody else, but your story on a change of 148 00:09:05,880 --> 00:09:07,740 command wasn't very complete. 149 00:09:08,660 --> 00:09:09,780 I got what I could. 150 00:09:10,260 --> 00:09:13,580 The prime rate was going through the roof. I had all those stories on how the 151 00:09:13,580 --> 00:09:14,580 election would affect business. 152 00:09:15,360 --> 00:09:17,260 How about the old guy who retired, Sorensen? 153 00:09:17,800 --> 00:09:19,940 Sorensen was gone. The new guy hadn't come in yet. 154 00:09:20,280 --> 00:09:23,340 Lou, I don't always have time to be as thorough as I'd like to be. 155 00:09:23,760 --> 00:09:25,240 We did elect a new president, remember? 156 00:09:25,620 --> 00:09:27,320 Big kid, used to live in the Palisades. 157 00:09:30,000 --> 00:09:32,180 If you want me to go back and get more, I'll go back and get more. 158 00:09:32,900 --> 00:09:33,900 No, that's okay. 159 00:09:34,580 --> 00:09:36,720 Bossy and Billy can handle it. We have a lot to do. 160 00:09:38,120 --> 00:09:39,120 Whatever you say. 161 00:09:42,180 --> 00:09:45,700 Lou Grant will continue in a moment here on A &E. 162 00:10:03,370 --> 00:10:06,490 In a company this size, everything can't filter through this office. It has to 163 00:10:06,490 --> 00:10:09,610 be split up. You mean decentralized, free the slaves. Right. 164 00:10:10,310 --> 00:10:13,130 By the first of the month, I want to break the company up into four 165 00:10:13,250 --> 00:10:14,990 each with its own general manager. 166 00:10:17,350 --> 00:10:18,350 Yes. 167 00:10:19,570 --> 00:10:20,710 Ask her to wait a minute, please. 168 00:10:21,270 --> 00:10:22,270 What? 169 00:10:22,550 --> 00:10:25,430 Sorry to break this up, but I promised to talk to a reporter from the trip 170 00:10:25,430 --> 00:10:26,049 the fire. 171 00:10:26,050 --> 00:10:29,150 We don't have much to tell yet. We haven't gotten the investigator's 172 00:10:29,910 --> 00:10:31,030 Then I'll just tell her the truth. 173 00:10:31,699 --> 00:10:32,980 Why don't you let me take this? 174 00:10:33,340 --> 00:10:37,000 I don't trust reporters from the trib, especially after the shot that Guy Rossi 175 00:10:37,000 --> 00:10:38,000 took at us. 176 00:10:38,100 --> 00:10:41,820 Well, give her what you can. We still can't afford to alienate the press. 177 00:10:47,000 --> 00:10:48,560 Hello, Ms. Newman. I'm Russell Davidson. 178 00:10:48,780 --> 00:10:52,460 This is Rick Haydens in charge of communications. Hi. Pleased to meet you. 179 00:10:52,460 --> 00:10:53,460 sorry about the circumstance. 180 00:10:53,720 --> 00:10:57,380 Yes. I've had a meeting come up that I just can't avoid, and Rick here can give 181 00:10:57,380 --> 00:11:00,200 you whatever you need. Use my office. I hope you can come back when we have more 182 00:11:00,200 --> 00:11:01,199 time. 183 00:11:01,199 --> 00:11:02,199 Of course. 184 00:11:02,500 --> 00:11:03,500 Well, shall we? 185 00:11:05,840 --> 00:11:06,840 Well, 186 00:11:09,980 --> 00:11:10,980 would you like some coffee? 187 00:11:11,180 --> 00:11:12,180 No, thanks. 188 00:11:12,640 --> 00:11:13,640 How can I help? 189 00:11:14,240 --> 00:11:16,240 Do you have a cause of the fire yet? 190 00:11:16,560 --> 00:11:17,880 We expect a report tomorrow. 191 00:11:18,260 --> 00:11:20,300 When is your deadline? Oh, I need it by six tonight. 192 00:11:20,660 --> 00:11:22,660 Oh, why don't you give me a call then? I may have something for you. 193 00:11:23,020 --> 00:11:26,720 Oh, by the way, I have the names and medical reports on those two workers. 194 00:11:27,580 --> 00:11:29,740 Thank you. We already got the details from the hospital. 195 00:11:33,450 --> 00:11:37,830 You know, I was really disappointed in Mr. Rossi's story. The safety violations 196 00:11:37,830 --> 00:11:39,030 were a cheap shot. 197 00:11:39,350 --> 00:11:40,550 Couldn't they have caused the fire? 198 00:11:40,750 --> 00:11:44,250 No way. I mean, they were all minor, and we corrected them immediately at the 199 00:11:44,250 --> 00:11:45,650 time. I'll tell him. 200 00:11:46,730 --> 00:11:49,070 Is the fire a serious setback? 201 00:11:49,450 --> 00:11:51,090 When do you expect to resume production? 202 00:11:51,510 --> 00:11:52,510 We don't know yet. 203 00:11:52,910 --> 00:11:54,990 Have you been covering business long, Miss Newman? 204 00:11:55,390 --> 00:11:57,310 Actually, I'm a general assignment reporter. 205 00:11:57,730 --> 00:11:58,730 I see. 206 00:11:59,150 --> 00:12:02,490 The manufacture of stereo components is only one of the things that we do. 207 00:12:03,050 --> 00:12:07,490 Calectronics is into fiber optics, solar applications. I'm sure that's the case. 208 00:12:07,690 --> 00:12:12,510 But getting back to the fire itself, there's a question of possible 209 00:12:12,910 --> 00:12:15,670 Or some might see it as beneficial. 210 00:12:16,170 --> 00:12:20,090 Whoa, whoa, whoa, wait a minute. I mean, that's an unfair accusation. I suggest 211 00:12:20,090 --> 00:12:21,770 you wait till the full report is out. 212 00:12:23,890 --> 00:12:26,170 Okay, what can you give me on the damage estimate? 213 00:12:26,710 --> 00:12:27,689 Nothing yet. 214 00:12:27,690 --> 00:12:29,350 We don't know how much equipment needs replacing. 215 00:12:29,830 --> 00:12:31,510 You're not being very helpful, Mr. 216 00:12:31,750 --> 00:12:35,110 Havens. I'm afraid Calectronics is going to look bad in our story. 217 00:12:35,330 --> 00:12:36,850 I can't give you what I don't have. 218 00:12:39,810 --> 00:12:40,789 Why did Mr. 219 00:12:40,790 --> 00:12:41,790 Sorensen resign? 220 00:12:41,930 --> 00:12:43,670 I went over all that with Adam Wilson. 221 00:12:45,430 --> 00:12:48,810 Mr. Sorensen retired for personal reasons. 222 00:12:49,010 --> 00:12:50,390 He wanted to enjoy life. 223 00:12:50,650 --> 00:12:51,650 Some people do. 224 00:12:54,030 --> 00:12:55,690 I guess I couldn't do it here. 225 00:12:58,990 --> 00:13:00,670 What about the injured workers? They should know what happened. 226 00:13:00,870 --> 00:13:04,070 I tried to contact them. They refused to talk to the press. 227 00:13:04,910 --> 00:13:05,910 That's interesting. 228 00:13:06,610 --> 00:13:10,810 It's not that I doubt you on this, but we just have to be very sure. Do you 229 00:13:10,810 --> 00:13:11,810 a chance to read Billy's story? 230 00:13:11,950 --> 00:13:15,110 I think it'll cause trouble. It implies the company is being secretive. The 231 00:13:15,110 --> 00:13:18,170 company is being secretive. We're saying we have nothing new on the cause of the 232 00:13:18,170 --> 00:13:20,090 fire, nothing new on Sorensen's resignation. 233 00:13:20,310 --> 00:13:22,530 Why don't we just wait until we have something? 234 00:13:22,750 --> 00:13:25,730 Because it's news, Adam. It's perishable. So is the company's 235 00:13:26,370 --> 00:13:27,410 And what about this? 236 00:13:28,330 --> 00:13:31,890 The company denied that negligence was a possible cause, claiming that safety 237 00:13:31,890 --> 00:13:33,130 violations had been corrected. 238 00:13:33,370 --> 00:13:34,029 It's accurate. 239 00:13:34,030 --> 00:13:35,730 It's slanted. Okay, that's enough. 240 00:13:35,990 --> 00:13:37,730 We'll go with the story. It's misleading. 241 00:13:37,990 --> 00:13:38,990 We'll go with it. 242 00:13:41,270 --> 00:13:44,590 After you read it to them and give Kelektronik the chance to respond. 243 00:13:45,030 --> 00:13:46,030 Fair? 244 00:13:51,450 --> 00:13:53,790 But it's important that I speak with Mr. Halen. 245 00:13:55,110 --> 00:13:56,110 Right. 246 00:13:56,520 --> 00:13:58,140 He's still in the same meeting? 247 00:13:59,880 --> 00:14:01,280 Well, has he gotten my other messages? 248 00:14:02,900 --> 00:14:03,900 He has. 249 00:14:05,860 --> 00:14:07,960 Well, that's all I needed to know. Thank you. 250 00:14:08,740 --> 00:14:09,740 Any luck? 251 00:14:09,980 --> 00:14:12,020 I called three times. He's ducking me. 252 00:14:12,280 --> 00:14:13,039 Then he's out. 253 00:14:13,040 --> 00:14:14,480 He's in. He got his message. 254 00:14:17,380 --> 00:14:20,300 Okay. Let's go to what we've got. They've had their chance. 255 00:14:30,890 --> 00:14:31,869 Good morning. 256 00:14:31,870 --> 00:14:36,490 For you, maybe. I already got a call from Rick Haven at home at 6 .30. 257 00:14:36,930 --> 00:14:37,930 He's unhappy. 258 00:14:38,450 --> 00:14:39,550 Should have called yesterday. 259 00:14:39,810 --> 00:14:40,809 Ed, it's Dan. 260 00:14:40,810 --> 00:14:43,850 Don't worry. The more they complain, the more we know we're on the right track. 261 00:14:44,090 --> 00:14:45,150 You could be wrong on this. 262 00:14:45,690 --> 00:14:49,010 Negligence is still a possible cause of the fire until there's evidence to the 263 00:14:49,010 --> 00:14:53,630 contrary. Excuse me. Joe, this just came by messenger. It might be important. 264 00:14:53,810 --> 00:14:56,690 Thanks, Leon. It's a report from my awesome investigator brother. 265 00:15:02,190 --> 00:15:03,190 It was an accident. 266 00:15:03,290 --> 00:15:06,990 The explosion was caused by ruptured gas mains which were weakened by recent 267 00:15:06,990 --> 00:15:07,990 load repairs. 268 00:15:09,230 --> 00:15:10,950 According to this, the city is responsible. 269 00:15:12,030 --> 00:15:13,950 The electronics is in the clear. 270 00:15:17,670 --> 00:15:21,350 Lou Grant will continue in a moment here on A &E. 271 00:15:26,010 --> 00:15:27,790 This will be in the courts for years. 272 00:15:28,710 --> 00:15:31,390 Maybe somebody in the company got to the investigator. 273 00:15:31,980 --> 00:15:32,980 I thought he was your buddy. 274 00:15:33,200 --> 00:15:34,620 Yeah, up to a point. 275 00:15:35,120 --> 00:15:38,420 It just kills you to find out that big business isn't guilty of something, does 276 00:15:38,420 --> 00:15:41,160 it? Come on, the story's over. Admit you were wrong. 277 00:15:41,480 --> 00:15:44,300 I'm still not satisfied with the way the company's handling this. 278 00:15:46,160 --> 00:15:48,320 Billy, I guess you better start working on your correction. 279 00:15:50,680 --> 00:15:54,440 Correction? The story was right as far as I knew at the time. This report is 280 00:15:54,440 --> 00:15:55,440 just new information. 281 00:15:55,760 --> 00:15:58,820 I don't care what you call it. I just think you better start working on it. 282 00:15:59,720 --> 00:16:01,260 Possibly see if you can get to Sorenson. 283 00:16:01,850 --> 00:16:05,790 Trying to find out why a man retires five minutes after he's named company 284 00:16:05,790 --> 00:16:06,790 president. 285 00:16:11,250 --> 00:16:13,010 Anything interesting coming in off the wire? 286 00:16:13,450 --> 00:16:14,450 This is interesting. 287 00:16:14,650 --> 00:16:17,430 Tension mounting in his track at Red Canyon Paper Mills up north. 288 00:16:17,810 --> 00:16:18,810 Yeah? So? 289 00:16:18,990 --> 00:16:20,930 Well, that's one of the mills that the trivia announced. 290 00:16:21,290 --> 00:16:22,370 Want to put it on the budget? 291 00:16:22,590 --> 00:16:23,549 No, bother. 292 00:16:23,550 --> 00:16:26,550 Who cares about a fiddly little labor dispute more than a thousand miles away? 293 00:16:29,450 --> 00:16:31,070 Another one of Adam's expense accounts? 294 00:16:31,500 --> 00:16:35,560 No, it's Al Henniker's column. He tells of an environmental rally protesting a 295 00:16:35,560 --> 00:16:38,100 power plant left a half a ton of garbage littering the park. 296 00:16:38,580 --> 00:16:39,519 Funny stuff. 297 00:16:39,520 --> 00:16:41,340 Jimmy, I can use a laugh. 298 00:16:46,200 --> 00:16:47,240 Okay if I join you? 299 00:16:47,960 --> 00:16:51,860 Oh, sure. Oh, thanks for the advertising. 300 00:16:52,360 --> 00:16:55,740 Well, sometimes you make it a little sticky for us, but we do okay. 301 00:16:56,620 --> 00:16:57,620 What do you mean sticky? 302 00:16:57,880 --> 00:17:00,440 Well, I don't mean to make a big deal out of it. 303 00:17:00,880 --> 00:17:04,720 But a lot of people seem to feel that the Trib has been running roughshod over 304 00:17:04,720 --> 00:17:05,720 Cal Electronics. 305 00:17:05,819 --> 00:17:09,020 We just report the news, Maris. We don't make it. Well, I'm not looking for a 306 00:17:09,020 --> 00:17:10,359 fine. But what gives? 307 00:17:10,619 --> 00:17:12,500 I mean, the company spends a lot of money with us. 308 00:17:12,920 --> 00:17:15,260 They've been a major employer around here for nearly 30 years. 309 00:17:15,640 --> 00:17:16,760 Oh, I see. 310 00:17:17,020 --> 00:17:20,839 You think we should give special treatment to the people who support the 311 00:17:21,099 --> 00:17:25,140 You'd rather we give special treatment to people who oppose the Trib. If that's 312 00:17:25,140 --> 00:17:26,280 what it takes to be fair, yeah. 313 00:17:27,079 --> 00:17:29,000 Our news columns aren't for sale. 314 00:17:30,060 --> 00:17:33,260 We gave Cal Electronics plenty of chances to tell their side of the story. 315 00:17:33,500 --> 00:17:35,140 I think what we did to that company stinks. 316 00:17:36,660 --> 00:17:38,000 Write a letter to the editor. 317 00:17:40,060 --> 00:17:44,640 I wonder if the trip could take the kind of investigation we dish out. 318 00:17:45,180 --> 00:17:46,660 You can bet on it, Maris. 319 00:17:49,880 --> 00:17:53,200 So whenever I take on a new position, I'm reminded of that classic proverb 320 00:17:53,200 --> 00:17:54,200 Vietnam. 321 00:17:54,350 --> 00:17:57,550 The light at the end of the tunnel is probably the headlamp of an oncoming 322 00:17:57,550 --> 00:17:58,550 train. 323 00:17:59,550 --> 00:18:00,910 Would it be an intrusion? 324 00:18:02,270 --> 00:18:04,590 I'm glad to see you two enjoying yourselves. We are. 325 00:18:05,550 --> 00:18:07,170 But let's hit the trail line. 326 00:18:07,750 --> 00:18:12,650 To tell you the truth, Russell and I have been so busy talking, we've not 327 00:18:12,650 --> 00:18:13,830 gone beyond first names. 328 00:18:14,130 --> 00:18:16,510 Oh, I'm sorry, Margaret. This is Russell Davidson. 329 00:18:16,790 --> 00:18:18,670 I've known his family since New York. 330 00:18:19,330 --> 00:18:20,390 Margaret, attention. 331 00:18:21,330 --> 00:18:23,090 Russell's just taken over Calectronics. 332 00:18:23,810 --> 00:18:26,330 It's keeping me busy. What do you do, Margaret? 333 00:18:26,610 --> 00:18:29,070 Oh, Margaret delivers newspapers for a living. 334 00:18:29,370 --> 00:18:30,370 Well, she must have a good route. 335 00:18:30,770 --> 00:18:32,870 Actually, she owns the Tribune. 336 00:18:34,350 --> 00:18:35,350 Oh, hi. 337 00:18:35,530 --> 00:18:36,570 I'm glad we met. 338 00:18:39,750 --> 00:18:43,590 But I do think the Tribune is a fine newspaper. What I don't understand is 339 00:18:43,590 --> 00:18:45,550 it insists on picking on big corporations. 340 00:18:46,090 --> 00:18:48,730 Big corporations can take care of themselves. 341 00:18:49,800 --> 00:18:52,060 I knew it was a good idea bringing you two together. 342 00:18:52,380 --> 00:18:55,520 Actually, I don't think the Tribune picks on anybody. 343 00:18:56,620 --> 00:19:00,560 Undeservedly. Well, maybe I'm being sensitive, but you do run many pieces 344 00:19:00,560 --> 00:19:03,600 criticizing business, and the Tribune itself is one of the biggest 345 00:19:03,600 --> 00:19:04,600 in California. 346 00:19:05,040 --> 00:19:09,360 Our financial reporters treat the Tribune Corporation the same way they 347 00:19:09,360 --> 00:19:10,500 any other large business. 348 00:19:10,760 --> 00:19:11,760 Really? 349 00:19:12,120 --> 00:19:15,280 I understand there's a bitter strike involving one of your paper mills in 350 00:19:15,280 --> 00:19:18,640 Washington. I've seen nothing on it in the Tribune. Well, I don't... think 351 00:19:18,640 --> 00:19:22,200 people are interested in a labor dispute that far away from home. 352 00:19:22,640 --> 00:19:24,860 How is it the Times ran a story on it? 353 00:19:25,200 --> 00:19:29,220 The same with one of the TV stations. They obviously feel people are 354 00:19:30,040 --> 00:19:30,819 That's so. 355 00:19:30,820 --> 00:19:32,300 Margaret, come on, you guys. 356 00:19:32,640 --> 00:19:36,500 Let's talk about something non -controversial, like bussing. 357 00:19:42,580 --> 00:19:46,120 Gentlemen, have we been fair? 358 00:19:47,210 --> 00:19:50,930 Or has the Tribune gone too far in its coverage of the Calectronics fire? 359 00:19:51,350 --> 00:19:55,190 You can see we gave good play to the story, denying that the fire may have 360 00:19:55,190 --> 00:19:57,630 caused by negligence. That should satisfy them. 361 00:19:57,950 --> 00:19:59,170 I'm not so sure. 362 00:19:59,430 --> 00:20:01,130 They have only themselves to blame. 363 00:20:01,370 --> 00:20:05,270 The way they handle things after the fire, refusing to cooperate, give out 364 00:20:05,270 --> 00:20:06,870 information, they act guilty. 365 00:20:07,190 --> 00:20:10,850 Right. When things go wrong, it's easier to blame the press instead of 366 00:20:10,850 --> 00:20:11,850 themselves. 367 00:20:13,230 --> 00:20:14,230 Excuse me. 368 00:20:14,290 --> 00:20:15,290 Yes. 369 00:20:15,750 --> 00:20:16,750 I'll take it. 370 00:20:17,070 --> 00:20:18,210 This shouldn't take long. 371 00:20:18,810 --> 00:20:20,250 This is Margaret Pinchon. 372 00:20:22,950 --> 00:20:23,950 I see. 373 00:20:25,930 --> 00:20:27,570 The truck drivers, too? 374 00:20:29,110 --> 00:20:31,710 Well, have we been able to get any paper out at all? 375 00:20:32,770 --> 00:20:33,770 I understand. 376 00:20:34,490 --> 00:20:37,870 We're going to have to make other arrangements before the strike spreads. 377 00:20:39,990 --> 00:20:42,550 Call me again when you have some cheerful news. 378 00:20:44,250 --> 00:20:45,250 Come on, Adam. 379 00:20:45,960 --> 00:20:48,260 I know you didn't buy me lunch just to find out about my family. 380 00:20:49,820 --> 00:20:51,320 I want to know about Cal Electronics. 381 00:20:52,820 --> 00:20:53,820 So that's it. 382 00:20:54,560 --> 00:20:56,280 Tribbs slapped him around pretty good, I'd say. 383 00:20:56,780 --> 00:20:58,220 How come I haven't seen your byline? 384 00:20:58,540 --> 00:21:00,480 You might say I've been slapped around a bit myself. 385 00:21:01,440 --> 00:21:04,060 Well, why ask me about Cal Electronics? I work for Braswell. 386 00:21:04,820 --> 00:21:07,300 Cal Electronics tried to buy Braswell a couple of years ago. 387 00:21:07,840 --> 00:21:10,380 And they had to have passed on a lot of internal information to you. 388 00:21:10,840 --> 00:21:12,540 That isn't stuff we can just give out. 389 00:21:14,380 --> 00:21:15,380 What do you want it? 390 00:21:15,630 --> 00:21:16,850 You looking to pin something on him? 391 00:21:17,110 --> 00:21:18,110 No, not really. 392 00:21:18,430 --> 00:21:21,370 I don't like a lot of stuff that's disappeared in the trip either, but if 393 00:21:21,370 --> 00:21:22,690 going to argue about it, I need some ammunition. 394 00:21:23,430 --> 00:21:24,430 You help? 395 00:21:24,850 --> 00:21:26,510 We had to return all that background information. 396 00:21:27,850 --> 00:21:29,710 Are you trying to tell me you didn't make copies? 397 00:21:32,030 --> 00:21:34,290 Only about three file drawers full. They're in my office. 398 00:21:35,370 --> 00:21:36,390 Am I going to get to see them? 399 00:21:37,870 --> 00:21:38,870 I suppose so. 400 00:21:39,690 --> 00:21:41,630 But you're sure getting a lot to an ice cream cone. 401 00:21:45,490 --> 00:21:48,510 It's imaginative, but I'm not sure the banks will go for it, especially with 402 00:21:48,510 --> 00:21:52,330 media on our backs. Well, I think we ought to fight fire with fire. We ought 403 00:21:52,330 --> 00:21:53,770 start our own ad campaign. 404 00:21:54,170 --> 00:21:57,590 I don't think that'll help us get a loan. Well, something has to, because 405 00:21:57,590 --> 00:22:00,370 without the banks, we can kiss the consumer products division goodbye. 406 00:22:00,810 --> 00:22:01,810 We'd have to sell. 407 00:22:02,110 --> 00:22:05,550 I don't want to do that. Well, let's not forget those guys from the National 408 00:22:05,550 --> 00:22:08,570 News Watch show. They want an interview. We could use it to our advantage. 409 00:22:09,750 --> 00:22:11,010 I want to think more about that. 410 00:22:11,340 --> 00:22:13,520 I'm not sure you're ever at an advantage when it's their show. 411 00:22:14,000 --> 00:22:18,120 Russell, you turn them down and you've got 30 million people hearing 412 00:22:18,120 --> 00:22:19,380 saying, no comment. 413 00:22:19,640 --> 00:22:20,840 That could sound sinister. 414 00:22:23,200 --> 00:22:24,200 Yes. 415 00:22:25,220 --> 00:22:26,220 I'll be right there. 416 00:22:27,200 --> 00:22:29,800 Gentlemen, you're going to have to excuse me for a few minutes. I really 417 00:22:29,800 --> 00:22:30,980 talk to this lady from the tribunes. 418 00:22:31,960 --> 00:22:33,260 Hello, Miss Newman. Please come in. 419 00:22:33,680 --> 00:22:34,680 Thank you. 420 00:22:34,700 --> 00:22:35,780 Oh, hi again. 421 00:22:36,340 --> 00:22:38,180 If you need me, I'll be in my office. Okay. 422 00:22:40,200 --> 00:22:41,200 Dylan. 423 00:22:41,870 --> 00:22:42,870 except New York. 424 00:22:45,050 --> 00:22:46,050 Sit down, please. 425 00:22:46,350 --> 00:22:49,690 To be honest, Mr. Davidson, I wasn't sure I'd be welcome. 426 00:22:50,530 --> 00:22:52,130 I think we got off on the wrong foot. 427 00:22:52,690 --> 00:22:55,990 Let's start over, and this time I'll answer any questions you have. 428 00:22:56,850 --> 00:22:57,850 Fair enough. 429 00:22:58,570 --> 00:23:01,890 Why don't we begin by you explaining your position as you see it. 430 00:23:02,690 --> 00:23:04,690 What is the biggest problem you face? 431 00:23:06,330 --> 00:23:07,330 Age. 432 00:23:08,550 --> 00:23:10,550 No. Not me. Not yet, anyway. 433 00:23:12,240 --> 00:23:13,240 plants are old. 434 00:23:13,460 --> 00:23:14,660 Out of step with the times. 435 00:23:15,120 --> 00:23:18,680 That's not just us either. The same goes for American industry in general. The 436 00:23:18,680 --> 00:23:21,860 plants that taught the world how to produce are ready for the scrap heap. 437 00:23:24,100 --> 00:23:25,100 Excuse me. 438 00:23:26,680 --> 00:23:27,680 Yes. 439 00:23:29,920 --> 00:23:31,480 Would you mind waiting outside tonight? 440 00:23:32,060 --> 00:23:33,880 Oh, no problem. 441 00:23:37,580 --> 00:23:38,580 Davidson here. 442 00:23:44,520 --> 00:23:45,520 to hear it straight. 443 00:23:46,180 --> 00:23:48,360 You're sure you've checked all the major lenders? 444 00:23:50,500 --> 00:23:52,620 No, I know the publicity hasn't helped. 445 00:23:56,060 --> 00:23:58,460 I think you've summed it up rather well. 446 00:23:59,540 --> 00:24:00,540 Thank you. 447 00:24:08,240 --> 00:24:09,560 Send Miss Newman back in. 448 00:24:17,520 --> 00:24:18,960 I just have a few more questions. 449 00:24:20,360 --> 00:24:25,280 Um, does your progressive approach to running this business have anything to 450 00:24:25,280 --> 00:24:26,560 with Mr. Sorensen's retirement? 451 00:24:27,160 --> 00:24:29,440 Sort of a change in corporate thinking? 452 00:24:29,680 --> 00:24:31,400 My hiring has nothing to do with Mr. 453 00:24:31,680 --> 00:24:34,860 Sorensen. We try to explain things to you, and you insist on coming back with 454 00:24:34,860 --> 00:24:35,860 the same suspicions. 455 00:24:37,000 --> 00:24:40,120 I didn't mean it that way. I just... Look, I'm sorry. 456 00:24:40,620 --> 00:24:43,820 Something's come up. Can we do this another time? I just need another 457 00:24:43,940 --> 00:24:45,040 You've had too many minutes already. 458 00:25:03,760 --> 00:25:04,760 We lost the damn loan. 459 00:25:05,840 --> 00:25:08,440 You were right. The only defense against the press is a good offense. 460 00:25:08,640 --> 00:25:11,000 So call the national news watch people and tell them we'll do the interview. 461 00:25:11,160 --> 00:25:12,720 Then get in here. We've got work to do. 462 00:25:16,240 --> 00:25:19,740 Lou Grant will continue in a moment here on A &E. 463 00:25:25,240 --> 00:25:28,140 Remember, take your time, but try and keep your answers short. 464 00:25:28,720 --> 00:25:31,860 I'll be okay. I think we've gone over every possible question he could ask. 465 00:25:35,600 --> 00:25:36,940 Just try to relax, Mr. Davidson. 466 00:25:37,300 --> 00:25:40,500 Take all the time you want. Make your answers as long as you like. 467 00:25:40,860 --> 00:25:42,860 Film's cheap. Besides that, we're paying for it. 468 00:25:43,480 --> 00:25:44,540 I'm ready when you are, Gary. 469 00:26:10,640 --> 00:26:11,640 weather we're having. 470 00:26:12,240 --> 00:26:13,240 Not bad. 471 00:26:13,660 --> 00:26:14,920 Could be a lot worse. 472 00:26:15,880 --> 00:26:17,380 I used to live in New Jersey. 473 00:26:18,020 --> 00:26:20,420 It's a lot better than the winters in New Jersey. 474 00:26:21,020 --> 00:26:23,840 I used to travel back east a lot before I retired. 475 00:26:25,220 --> 00:26:26,820 Dreadful weather this time of year. 476 00:26:29,020 --> 00:26:30,020 Except Christmas. 477 00:26:31,440 --> 00:26:33,940 I always loved New York during Christmas. 478 00:26:34,580 --> 00:26:35,580 Me too. 479 00:26:35,980 --> 00:26:37,060 I'm Joe Rossi. 480 00:26:38,600 --> 00:26:39,600 Lester Thornton. 481 00:26:42,760 --> 00:26:44,440 I'm with the Los Angeles Tribune. 482 00:26:45,360 --> 00:26:46,600 Can I talk to you a minute? 483 00:26:50,240 --> 00:26:52,380 I assume it's not about the weather. 484 00:26:52,780 --> 00:26:53,780 No. 485 00:26:54,880 --> 00:26:58,460 No. Would you mind telling me why you left Cal Electronics? 486 00:26:58,780 --> 00:26:59,960 That's none of your business. 487 00:27:01,180 --> 00:27:05,980 Mr. Sorensen, we heard the company had some financial difficulties. Were they 488 00:27:05,980 --> 00:27:09,140 using you as a scapegoat? I have no comment, Mr. Rossi. 489 00:27:09,620 --> 00:27:10,620 Come on back. 490 00:27:18,730 --> 00:27:20,810 Mr. Davidson, you're an expert. 491 00:27:21,430 --> 00:27:22,930 You're a highly qualified man. 492 00:27:23,490 --> 00:27:26,810 Tell us, where's the basic problem with American business? 493 00:27:27,070 --> 00:27:28,110 Our plants are outdated. 494 00:27:28,730 --> 00:27:31,010 Without modernization, we're dead in the world market. 495 00:27:31,250 --> 00:27:33,170 But other countries have managed to modernize. 496 00:27:33,630 --> 00:27:35,030 Germany, Japan, for instance. 497 00:27:35,330 --> 00:27:38,050 Well, after World War II, they rebuilt their industries from the ground up. 498 00:27:38,550 --> 00:27:42,670 So you're saying, in effect, that they won the war, Germany and Japan? 499 00:27:43,050 --> 00:27:44,110 Well, the industrial war. 500 00:27:44,570 --> 00:27:45,570 With our help, yes. 501 00:27:46,030 --> 00:27:47,730 Let's pretend for a moment that... 502 00:27:48,060 --> 00:27:51,680 You are not the president of Cal Electronics, but you have a chance to 503 00:27:52,040 --> 00:27:53,040 Would you do it? 504 00:27:55,360 --> 00:27:56,780 The price were right. 505 00:27:57,780 --> 00:28:00,280 I think I'd be delighted to buy Cal Electronics. 506 00:28:00,900 --> 00:28:01,900 Really? 507 00:28:02,360 --> 00:28:04,780 A corporation that's just posted staggering losses? 508 00:28:05,560 --> 00:28:08,640 A corporation whose equipment is hopelessly outdated? 509 00:28:09,160 --> 00:28:11,880 We're talking about a company that's just had a disastrous fire. 510 00:28:12,180 --> 00:28:15,160 It's been cited by the fire department for a dozen safety violations. 511 00:28:15,740 --> 00:28:17,760 Gary, those accusations are misleading. 512 00:28:18,180 --> 00:28:19,960 And you've been losing ground to the imports. 513 00:28:20,460 --> 00:28:24,200 Now, how do we know that Cal Electronics won't just belly up in a year? 514 00:28:24,460 --> 00:28:27,900 Well, don't sell Cal Electronics short. We're making a strong comeback, and we 515 00:28:27,900 --> 00:28:30,620 fully intend to become a leader in our field again. 516 00:28:31,000 --> 00:28:32,360 Is this part of your comeback? 517 00:28:33,320 --> 00:28:35,820 As you can see, we've set up two stereo amplifiers. 518 00:28:36,120 --> 00:28:41,780 They seem almost identical in every detail, but one is made by your company, 519 00:28:41,780 --> 00:28:43,840 other's from Japan. Now, what is the real difference? 520 00:28:44,360 --> 00:28:46,880 Well, the Japanese stereo doesn't have the same high -range capabilities. 521 00:28:47,340 --> 00:28:48,940 But it sells for $60 less. 522 00:28:49,380 --> 00:28:52,160 Well, we can't touch that price, but you get what you pay for. 523 00:28:52,400 --> 00:28:53,900 With theirs, you pay a lot less. 524 00:28:54,280 --> 00:28:55,300 Now, why is that? 525 00:28:56,160 --> 00:28:59,060 They have the support of their government, and they're willing to sell 526 00:28:59,060 --> 00:29:01,700 .S. at a loss for years if necessary to create demand. 527 00:29:02,140 --> 00:29:05,400 Is the high cost of U .S. labor a major part of the blame? 528 00:29:06,840 --> 00:29:09,020 U .S. workers earn the highest wages in the world. 529 00:29:09,420 --> 00:29:10,580 They also deserve them. 530 00:29:10,780 --> 00:29:12,700 But labor always wants more money. 531 00:29:13,150 --> 00:29:13,989 And why not? 532 00:29:13,990 --> 00:29:16,290 Inflation hits the workers harder than the guys in the boardroom. 533 00:29:18,010 --> 00:29:19,510 We've got a problem. What? 534 00:29:20,730 --> 00:29:22,930 This is a newsletter for utility companies. 535 00:29:23,570 --> 00:29:28,170 Funny article about environmentalists who left half a ton of litter at a rally 536 00:29:28,170 --> 00:29:29,230 against a power plant. 537 00:29:29,870 --> 00:29:30,950 Does that sound familiar? 538 00:29:33,150 --> 00:29:36,570 So, Hal sold a freelance piece on his column. 539 00:29:36,770 --> 00:29:37,709 So what? 540 00:29:37,710 --> 00:29:41,230 This is the pre -written column that they send out to the weekly shoppers and 541 00:29:41,230 --> 00:29:42,230 throwaways. 542 00:29:46,410 --> 00:29:47,149 Come here a minute. 543 00:29:47,150 --> 00:29:48,510 I'm late, Lou. Can I wait? 544 00:29:48,790 --> 00:29:49,790 Now! 545 00:29:54,990 --> 00:29:55,990 What's the problem? 546 00:29:56,090 --> 00:29:57,150 You're the problem. 547 00:29:57,530 --> 00:30:01,970 You took a prepackaged column written by a power company publicist and ran it 548 00:30:01,970 --> 00:30:02,970 under your byline. 549 00:30:04,590 --> 00:30:06,910 Okay, so it's a big deal. 550 00:30:07,290 --> 00:30:11,670 It was a press release and I released it. We pay you to write, not open mail. 551 00:30:11,670 --> 00:30:13,350 can't use every piece the company sends us. 552 00:30:13,570 --> 00:30:14,610 I don't use every piece. 553 00:30:15,440 --> 00:30:16,419 I'm very selective. 554 00:30:16,420 --> 00:30:18,060 Then select your own ideas. 555 00:30:18,640 --> 00:30:22,160 If that column you turned in for tomorrow is another handout, you can 556 00:30:26,080 --> 00:30:27,080 It's okay. 557 00:30:27,620 --> 00:30:28,780 It's my own writing. 558 00:30:31,400 --> 00:30:33,960 I just forgot to proof it. 559 00:30:38,020 --> 00:30:41,220 I found Sorensen, but he won't talk. He was very hostile. 560 00:30:41,440 --> 00:30:42,600 He's not the only one. 561 00:30:45,930 --> 00:30:46,930 Maybe he's hiding something. 562 00:30:47,450 --> 00:30:49,790 Maybe the company paid him off and he had to agree to silence. 563 00:30:50,770 --> 00:30:52,350 Find out whatever it is. 564 00:30:52,970 --> 00:30:55,270 A big company like that can't keep secrets very long. 565 00:30:58,570 --> 00:30:59,570 Adam, what do you got? 566 00:30:59,670 --> 00:31:01,250 I got a good piece on Cal Electronics. 567 00:31:01,570 --> 00:31:02,570 Another handout? 568 00:31:02,650 --> 00:31:03,649 Not exactly. 569 00:31:03,650 --> 00:31:05,230 But I got a look at a lot of their record. 570 00:31:05,490 --> 00:31:08,990 A few years back, one of their divisions made components that apparently led to 571 00:31:08,990 --> 00:31:10,490 several of their workers getting cancer. 572 00:31:11,330 --> 00:31:12,330 Cancer? How many? 573 00:31:12,410 --> 00:31:13,410 Maybe five. 574 00:31:13,660 --> 00:31:16,700 They traced the cause back to a chemical used in one stage of the manufacturing 575 00:31:16,700 --> 00:31:20,700 and replaced it with a safe one. But they never made it public? The workers 576 00:31:20,700 --> 00:31:24,260 compensated, but I have memos warning of the need for no publicity. 577 00:31:24,700 --> 00:31:26,860 I wasn't on the budget. I'd like it for first today. 578 00:31:27,120 --> 00:31:29,660 I didn't think I'd have time to check with them. I haven't been able to reach 579 00:31:29,660 --> 00:31:30,680 Calectronics for a react. 580 00:31:31,260 --> 00:31:32,600 Pay with it. I want it for tonight. 581 00:31:34,360 --> 00:31:35,840 Luke? Thanks, Ralph. 582 00:31:39,150 --> 00:31:42,510 Just an update on the strike at Red Canyon Paper Mill. According to this, 583 00:31:42,510 --> 00:31:43,670 strike may spread to other mills. 584 00:31:43,890 --> 00:31:45,290 If it does, we'll take another look. 585 00:31:46,110 --> 00:31:47,110 Yeah, that should do it. 586 00:31:48,010 --> 00:31:51,390 And we also think there's a good possibility that we can arrange a stock 587 00:31:52,270 --> 00:31:53,270 Thanks. 588 00:31:54,450 --> 00:31:57,670 So what do you think? You think the plan will work? Of course it will work. You 589 00:31:57,670 --> 00:31:58,690 don't need me to tell you that. 590 00:31:59,810 --> 00:32:03,670 I'd value your opinion, Les. I wouldn't be here without your help. Don't be so 591 00:32:03,670 --> 00:32:04,569 quick to thank me. 592 00:32:04,570 --> 00:32:06,850 You may live to regret taking the job. 593 00:32:07,210 --> 00:32:08,210 Not. 594 00:32:08,929 --> 00:32:10,130 chance. I'm serious. 595 00:32:10,510 --> 00:32:13,510 Press has been hard on you, especially the Tribune. 596 00:32:13,930 --> 00:32:16,810 That negative publicity could wreck everything you're trying to do. 597 00:32:17,070 --> 00:32:20,110 I can handle the press. We've already got a couple of things in the works. 598 00:32:20,110 --> 00:32:23,990 worry about it. Well, I do worry about it when I think how I'm responsible for 599 00:32:23,990 --> 00:32:25,530 the company's nearly going under. 600 00:32:25,770 --> 00:32:30,250 Les, it's not your fault. Of course it is. 601 00:32:30,850 --> 00:32:34,630 You know, a Tribune reporter tried to interview me today. 602 00:32:35,150 --> 00:32:37,910 I wouldn't talk to him, but maybe I should. 603 00:32:38,440 --> 00:32:40,500 It's time we explained why I left. 604 00:32:41,120 --> 00:32:45,440 That was a fine story Adam cranked out on the cancer victims at Cal 605 00:32:45,760 --> 00:32:47,260 What sort of response have we had? 606 00:32:47,540 --> 00:32:51,000 A lot of calls from readers wanting to know more. People are afraid they've 607 00:32:51,000 --> 00:32:52,080 exposed to the same chemicals. 608 00:32:52,320 --> 00:32:55,640 I'd feel better if we could have gotten a reaction from the company before we 609 00:32:55,640 --> 00:32:56,499 ran with it. 610 00:32:56,500 --> 00:32:58,460 Adam tried to reach him. They won't take our calls. 611 00:32:58,660 --> 00:32:59,619 That's their problem. 612 00:32:59,620 --> 00:33:01,460 Hi, Glenn. Come on in. What do you got? 613 00:33:01,660 --> 00:33:03,640 Trouble. Your personal copy? 614 00:33:07,360 --> 00:33:08,720 Here's your reaction, Charlie. 615 00:33:09,380 --> 00:33:10,960 Electronics taking out an ad in Madrid. 616 00:33:11,980 --> 00:33:13,780 But it's not to sell stereo equipment. 617 00:33:14,140 --> 00:33:15,240 It's to attack us. 618 00:33:15,800 --> 00:33:17,920 It's so obvious they're looking for revenge. 619 00:33:18,760 --> 00:33:20,000 That's pretty expensive revenge. 620 00:33:20,340 --> 00:33:23,100 They've scheduled an ad this size twice a week for a solid month. 621 00:33:23,620 --> 00:33:25,200 Maybe they figure they have nothing to lose. 622 00:33:25,620 --> 00:33:28,840 Maybe they figure they've got something to gain like that loan they want. 623 00:33:29,180 --> 00:33:31,300 Maybe it's the only way they can tell their side of the story. 624 00:33:31,520 --> 00:33:35,080 I'm warning you, Charlie. The way we've treated that company is making a lot of 625 00:33:35,080 --> 00:33:36,600 people in the business community furious. 626 00:33:37,240 --> 00:33:38,340 That's my problem, Glenn. 627 00:33:38,780 --> 00:33:39,659 Not yours. 628 00:33:39,660 --> 00:33:42,560 Fine, I'll transfer all the complaints to you. You can explain our position. 629 00:33:42,800 --> 00:33:44,440 I'm tired of apologizing for it. 630 00:33:48,600 --> 00:33:49,660 Oh, you saw the ad. 631 00:33:49,900 --> 00:33:50,879 Isn't it great? 632 00:33:50,880 --> 00:33:51,880 You think that's great? 633 00:33:52,140 --> 00:33:53,160 Yeah, they mentioned my name. 634 00:33:53,860 --> 00:33:55,020 Must mean I have them scared. 635 00:33:55,460 --> 00:33:56,580 No way it's a tribute. 636 00:33:56,900 --> 00:33:58,260 Can I get this? Oh, be my guest. 637 00:34:00,860 --> 00:34:03,980 Mr. Groff, have you seen this? 638 00:34:04,880 --> 00:34:08,280 I figure they're trying to intimidate us. You know, circumvent the press by 639 00:34:08,280 --> 00:34:09,300 going directly to people. 640 00:34:09,540 --> 00:34:14,260 This is not circumvention. It is not even intimidation. This is an act of 641 00:34:16,739 --> 00:34:20,400 Lou Grant will continue in a moment here on A &E. 642 00:34:23,239 --> 00:34:24,480 Cancer cover -up. 643 00:34:24,800 --> 00:34:26,320 Calectronics workers hit. 644 00:34:27,679 --> 00:34:32,320 This isn't a newspaper. It's a scandal sheet. It's inexcusable. It's absolutely 645 00:34:32,320 --> 00:34:35,460 inexcusable. Where could they have gotten this? That's a good question. 646 00:34:35,460 --> 00:34:38,280 going to take a long time to trace that leak. It's a good thing you started the 647 00:34:38,280 --> 00:34:39,739 ads today. It looks like we're fighting back. 648 00:34:40,060 --> 00:34:43,659 Yeah, you know what gets me? Is the headline. The trip makes it sound like 649 00:34:43,659 --> 00:34:46,600 thousands of our workers are involved instead of just a few in one small 650 00:34:46,600 --> 00:34:48,080 department. It's absolutely misleading. 651 00:34:48,400 --> 00:34:52,340 Use that. Use that in the ads. Yeah, I've already started a rough draft. Boy, 652 00:34:52,460 --> 00:34:55,500 they are really getting arrogant. I can't believe they didn't give us a 653 00:34:55,500 --> 00:34:56,259 to respond. 654 00:34:56,260 --> 00:34:57,259 Oh, they called. 655 00:34:57,260 --> 00:35:00,980 called. One of the reporters called after six, Adam Wilson. I got the 656 00:35:00,980 --> 00:35:04,620 this morning when it was too late. The real kicker is that there is not much we 657 00:35:04,620 --> 00:35:07,100 can do. The facts are there, but everything is slanted to put us in the 658 00:35:07,100 --> 00:35:10,880 possible light. Sure, you run a newspaper and you're home free. Run a 659 00:35:10,880 --> 00:35:11,880 and you're a target. 660 00:35:17,680 --> 00:35:21,220 Get me Margaret Pinchon at the Tribune. If she's not in, find her. 661 00:35:25,480 --> 00:35:26,720 This is Margaret Pinchon. 662 00:35:27,080 --> 00:35:28,300 I want a meeting with you. 663 00:35:28,600 --> 00:35:32,300 What a coincidence, Mr. Davidson, because I certainly want to have a 664 00:35:32,300 --> 00:35:33,300 with you. 665 00:35:33,760 --> 00:35:35,820 But other countries have managed to modernize. 666 00:35:36,340 --> 00:35:37,820 Germany, Japan, for instance. 667 00:35:38,320 --> 00:35:42,160 Yes, but after World War II, they rebuilt their industries from the ground 668 00:35:42,300 --> 00:35:46,020 Our plants are hopelessly outdated. Without modernization, we're dead in the 669 00:35:46,020 --> 00:35:46,819 world market. 670 00:35:46,820 --> 00:35:49,500 Boy, they pissed him if that one could knock that out of the park. 671 00:35:49,880 --> 00:35:53,140 So, in a sense, you're saying that they've won the war. With our help, yes. 672 00:35:53,710 --> 00:35:55,670 They've chopped this up with editing. I don't like it. 673 00:35:55,930 --> 00:36:00,370 Mr. Davidson, let's pretend for a moment that you are not the president of Cal 674 00:36:00,370 --> 00:36:03,270 Electronics, but you have the chance to buy it. 675 00:36:04,290 --> 00:36:05,290 Now, would you do it? 676 00:36:05,730 --> 00:36:10,910 I think if the price were right, I'd be delighted to buy Cal Electronics. 677 00:36:12,150 --> 00:36:13,250 He's really squirming. 678 00:36:13,730 --> 00:36:16,030 You can just tell what a crook the guy is. Look at him sweating. 679 00:36:16,590 --> 00:36:18,250 He's put two under those lights. 680 00:36:19,070 --> 00:36:21,930 Notice how they always show a much more flattering shot of Hall. 681 00:36:22,470 --> 00:36:23,470 Really? 682 00:36:24,040 --> 00:36:26,400 A corporation that's just posted staggering losses? 683 00:36:27,280 --> 00:36:30,600 A corporation whose equipment is hopelessly outdated? 684 00:36:31,800 --> 00:36:34,820 Gary, those accusations are... It really galls me to see him get away with this. 685 00:36:35,040 --> 00:36:37,780 We're talking about a company that's just had a disastrous fire. 686 00:36:38,420 --> 00:36:41,320 They've been cited by the fire department for a dozen safety 687 00:36:41,700 --> 00:36:45,080 I think we're making a strong comeback, and we have every intention of becoming 688 00:36:45,080 --> 00:36:47,740 a leader in our field again. Is this part of your comeback? 689 00:36:48,040 --> 00:36:50,440 As you can see, we've set up two stereo amplifiers. 690 00:36:50,800 --> 00:36:53,120 They seem to be almost identical in every detail. 691 00:36:53,710 --> 00:36:56,350 But one was made by your company, and the other's from Japan. 692 00:36:57,130 --> 00:36:58,450 Now, what's the real difference? 693 00:36:59,570 --> 00:37:02,210 The Japanese system doesn't have the same high -range capabilities. 694 00:37:02,670 --> 00:37:04,530 But it costs $60 less. 695 00:37:04,950 --> 00:37:06,250 Well, we can't touch that price. 696 00:37:06,670 --> 00:37:09,630 Is the high cost of U .S. labor a major part of the problem? 697 00:37:10,010 --> 00:37:12,110 U .S. workers earn the highest wages in the world. 698 00:37:12,590 --> 00:37:14,890 But labor always wants more money. And why not? 699 00:37:18,370 --> 00:37:22,210 This just came in, Luke. Figured you'd want to see it. Thanks. 700 00:37:23,180 --> 00:37:24,320 Something on the Davidson interview? 701 00:37:25,020 --> 00:37:26,680 No, we've got our own troubles. 702 00:37:27,120 --> 00:37:29,680 There's another big demonstration at the Red Canyon paper mill. 703 00:37:30,240 --> 00:37:31,600 Two men were killed in the melee. 704 00:37:32,260 --> 00:37:34,260 I better call Mrs. Pinscher at home. 705 00:37:35,880 --> 00:37:37,000 They're highly qualified. 706 00:37:39,660 --> 00:37:42,140 Mr. Thornton, I was really surprised you called. 707 00:37:42,520 --> 00:37:43,740 I wanted to call you earlier. 708 00:37:44,040 --> 00:37:46,600 Russell Davidson advised against it. 709 00:37:46,940 --> 00:37:47,940 Somehow I'm not surprised. 710 00:37:48,280 --> 00:37:49,280 Perhaps you will be. 711 00:37:49,680 --> 00:37:52,080 Do you want to know why I left the company, Mr. Ross? 712 00:37:52,840 --> 00:37:55,440 I suspect by now you've imagined all sorts of scenarios. 713 00:37:56,220 --> 00:37:59,320 Political squeeze plays, scandals, embezzlement. 714 00:37:59,660 --> 00:38:02,680 We usually figure there's more to the story than the company lets on. 715 00:38:02,980 --> 00:38:06,240 A man doesn't spend a chunk of his life moving up the ladder, get named 716 00:38:06,240 --> 00:38:07,780 president, and suddenly retire. 717 00:38:08,740 --> 00:38:10,120 You had a lot invested. 718 00:38:12,280 --> 00:38:15,080 In all the wrong things. 719 00:38:15,400 --> 00:38:16,900 So one day you just chucked it? 720 00:38:17,800 --> 00:38:19,080 That's a little hard to buy. 721 00:38:20,040 --> 00:38:21,140 Have you ever... 722 00:38:22,600 --> 00:38:24,660 Come up against your own limitations. 723 00:38:26,380 --> 00:38:27,380 What do you mean? 724 00:38:30,380 --> 00:38:31,820 It happened at a board meeting. 725 00:38:33,560 --> 00:38:38,440 One moment I found myself listening to a report on the comparative costs of 726 00:38:38,440 --> 00:38:39,600 model changeovers. 727 00:38:40,720 --> 00:38:44,200 And the next, I found myself crying. 728 00:38:45,740 --> 00:38:48,100 I didn't even know why it was happening to me then. 729 00:38:49,220 --> 00:38:51,160 The other board members didn't know what to do. 730 00:38:52,110 --> 00:38:54,690 The man reading the report was embarrassed. 731 00:38:55,950 --> 00:38:57,630 He just kept on reading. 732 00:38:59,950 --> 00:39:02,530 I found myself feeling sorry for them. 733 00:39:04,130 --> 00:39:06,190 But I could not stop crying. 734 00:39:07,410 --> 00:39:08,970 I broke down after all. 735 00:39:10,830 --> 00:39:13,310 Like an old, worn -out heart. 736 00:39:15,290 --> 00:39:16,310 I understand. 737 00:39:16,690 --> 00:39:17,690 Pressure's involved. 738 00:39:20,430 --> 00:39:21,970 Why did they discard you? 739 00:39:22,470 --> 00:39:23,870 No, you don't understand. 740 00:39:24,690 --> 00:39:26,190 They wanted me back. 741 00:39:26,910 --> 00:39:29,550 But I discovered I didn't need this in my life anymore. 742 00:39:30,390 --> 00:39:31,390 What do you need? 743 00:39:32,350 --> 00:39:33,410 What will you do now? 744 00:39:34,550 --> 00:39:37,450 I'll go back to work for the company. But on a limited basis. 745 00:39:37,770 --> 00:39:41,190 With less responsibility. Less pressure. 746 00:39:41,770 --> 00:39:46,330 Why was the company so secretive? Why didn't Davidson just explain what 747 00:39:46,330 --> 00:39:47,410 to you and get it over with? 748 00:39:49,040 --> 00:39:51,760 Because Russell Davidson is a decent man. 749 00:39:55,360 --> 00:39:59,500 Remember, tomorrow we have the suburbia section, so deadlines are an hour early. 750 00:39:59,980 --> 00:40:01,400 Plus, it's heading for page one. 751 00:40:01,640 --> 00:40:03,260 We got that thing on the Red Canyon strike. 752 00:40:03,600 --> 00:40:04,600 I don't know. 753 00:40:04,860 --> 00:40:06,060 A brief, maybe. 754 00:40:06,300 --> 00:40:09,700 Come on, Charlie. Two deaths? The DA up there is preparing murder charges? 755 00:40:10,000 --> 00:40:13,120 I don't think we can ignore it. Not unless we want to give Calectonic's ad 756 00:40:13,120 --> 00:40:14,120 campaign more ammunition. 757 00:40:15,560 --> 00:40:19,020 All right, we'll put it inside. Make sure that the truck's ownership of the 758 00:40:19,020 --> 00:40:21,860 is up near the lead. And hold it to 300 words. 759 00:40:22,840 --> 00:40:23,698 What else? 760 00:40:23,700 --> 00:40:25,420 Just one story from Metro you might want. 761 00:40:25,760 --> 00:40:27,360 Rossi's piece on Sorenson. 762 00:40:27,580 --> 00:40:29,760 Analyzing the breakdown of a company and a man. 763 00:40:30,100 --> 00:40:31,100 Good piece. 764 00:40:31,300 --> 00:40:32,300 Thorough and sympathetic. 765 00:40:33,060 --> 00:40:34,220 Good enough for page one? 766 00:40:34,460 --> 00:40:35,460 I think so. 767 00:40:35,780 --> 00:40:36,940 And that's where it sits. 768 00:40:37,360 --> 00:40:38,360 Below the floor. 769 00:40:39,880 --> 00:40:40,880 Come in, gentlemen. 770 00:40:41,440 --> 00:40:42,540 This is Mr. 771 00:40:42,760 --> 00:40:43,760 Davidson. 772 00:40:43,930 --> 00:40:46,750 He has some reservations about the Sorensen article. 773 00:40:47,190 --> 00:40:51,510 I don't have any reservations, Mrs. Pinchon. I think it was unfair and cheap 774 00:40:51,510 --> 00:40:53,490 destructive. Wait a second. 775 00:40:53,810 --> 00:40:55,630 That story had a lot of relevance. 776 00:40:55,950 --> 00:40:59,370 Why did it end up on page one? Because it was humiliating gossip. 777 00:40:59,770 --> 00:41:02,370 It was news when Sorensen joined Calectronics. 778 00:41:02,940 --> 00:41:06,560 It was news when his contributions added to the success of the company. It was 779 00:41:06,560 --> 00:41:09,380 news when he and the company got in trouble. There is a difference between 780 00:41:09,380 --> 00:41:14,040 reporting the news and sensationalizing it. Mr. Davidson, a good newspaper tells 781 00:41:14,040 --> 00:41:17,240 the reader who, what, where, when, and why. 782 00:41:18,140 --> 00:41:22,380 Unfortunately, Mr. Sorensen was the why, which is the toughest part of any 783 00:41:22,380 --> 00:41:24,780 story. Speaking of why... 784 00:41:25,440 --> 00:41:29,180 Why have you downplayed this story about violence at one of your own mills? We 785 00:41:29,180 --> 00:41:31,100 have not downplayed that. 786 00:41:31,300 --> 00:41:32,660 We ran a story today. 787 00:41:33,120 --> 00:41:34,058 I noticed. 788 00:41:34,060 --> 00:41:35,060 It's page 23. 789 00:41:35,120 --> 00:41:38,240 The ad for tummy flatteners got better position and more space. 790 00:41:38,700 --> 00:41:41,020 It isn't exactly a local story. 791 00:41:41,800 --> 00:41:46,880 Then why do you banner every development in a strike in Poland half a world 792 00:41:46,880 --> 00:41:47,880 away? 793 00:41:47,900 --> 00:41:52,280 Two men died at Red Canyon Paper Mills, which is only a thousand miles from 794 00:41:52,280 --> 00:41:53,700 here, and owned by the Triff. 795 00:41:54,480 --> 00:41:55,480 You're right. 796 00:41:55,880 --> 00:41:57,400 It was a bad call. 797 00:41:57,840 --> 00:42:01,100 First we ignored the story, then we downplayed it. 798 00:42:03,900 --> 00:42:08,640 Maybe we were too sensitive about our own involvement to be really objective. 799 00:42:09,140 --> 00:42:10,140 Oh. 800 00:42:11,440 --> 00:42:15,820 When you make a mistake, it's a bad call. 801 00:42:16,520 --> 00:42:18,800 When we make one, you hang us out to dry. 802 00:42:19,630 --> 00:42:22,290 What am I supposed to do, call your readers on the phone and say there was 803 00:42:22,290 --> 00:42:25,250 error in the story? You guys try to blame everything on the media. 804 00:42:26,170 --> 00:42:27,170 Imports are threatening. 805 00:42:27,350 --> 00:42:32,330 The quality of goods and services deteriorates. You have national recalls. 806 00:42:32,970 --> 00:42:35,930 And somehow it's our fault. Well, I don't buy that. 807 00:42:36,170 --> 00:42:39,830 I blame you for sacrificing accuracy for speed, yes. 808 00:42:40,270 --> 00:42:43,950 And what about that cancer story? You made it seem as though all Calectronics 809 00:42:43,950 --> 00:42:45,430 workers were affected, not just five. 810 00:42:45,770 --> 00:42:46,810 Was the story accurate? 811 00:42:47,280 --> 00:42:48,280 Gentlemen, please. 812 00:42:48,500 --> 00:42:52,200 Are we here to discuss our problems or to aggravate them? 813 00:42:53,380 --> 00:42:56,960 Mr. Davidson, what do you want from us? 814 00:42:57,200 --> 00:42:59,880 I want a little more consideration. 815 00:43:00,720 --> 00:43:05,100 We're tired of constantly reading that American business is second rate. That 816 00:43:05,100 --> 00:43:08,720 we're riddled with inefficiency. You print that often enough and you make it 817 00:43:08,720 --> 00:43:09,720 come true. 818 00:43:10,080 --> 00:43:12,400 We'll try to be sensitive to your needs. 819 00:43:13,520 --> 00:43:15,480 But you'll be sensitive to ours. 820 00:43:16,200 --> 00:43:19,500 You try to come up with the information that we need. Don't duck us. 821 00:43:19,920 --> 00:43:23,080 Don't treat us as though we were not entitled to know. 822 00:43:23,580 --> 00:43:25,560 And then we'll give you the benefit of the doubt. 823 00:43:28,520 --> 00:43:31,160 You work on being accurate, and we won't need the benefit of the doubt. 824 00:43:34,780 --> 00:43:40,440 I saw your memo about cutting Hal's column down to twice a week. You got off 825 00:43:40,440 --> 00:43:42,220 easy. You may be right. 826 00:43:43,310 --> 00:43:46,950 Well, it gives me a chance to try out something that I've been thinking about. 827 00:43:48,230 --> 00:43:52,330 We're going to use guest columns occasionally by leaders in business and 828 00:43:52,330 --> 00:43:53,330 government industry. 829 00:43:54,270 --> 00:43:56,310 Oh, let them have their views, huh? Yeah. 830 00:43:57,870 --> 00:44:03,090 What bothers me is I don't know if it's a good idea or if I'm overreacting to 831 00:44:03,090 --> 00:44:06,690 all that pressure from Cal Electronics, you know, bending over backwards. 832 00:44:08,210 --> 00:44:09,210 Relax. 833 00:44:10,030 --> 00:44:13,050 I figure bending over backwards now and then is pretty good exercise for a 834 00:44:13,050 --> 00:44:14,050 newspaper. 835 00:44:15,670 --> 00:44:17,750 Ladies and gentlemen of the press, I'll try to make this brief. 836 00:44:19,330 --> 00:44:23,550 Calectronics Industries is announcing that it plans to sell its West Coast 837 00:44:23,550 --> 00:44:24,690 Consumer Products Division. 838 00:44:27,670 --> 00:44:32,090 This action is being taken to enable us to retool to allow us to meet market 839 00:44:32,090 --> 00:44:33,090 demands immediately. 840 00:44:34,130 --> 00:44:37,690 Yes. Will the sale of the Consumer Products Division cover the expansion 841 00:44:37,930 --> 00:44:39,210 I wish. No. 842 00:44:39,790 --> 00:44:41,710 We had to negotiate a $15 million loan. 843 00:44:42,190 --> 00:44:45,990 And we expect to announce a new stock issue to complete capitalization. 844 00:44:46,370 --> 00:44:48,910 How will it feel to run a smaller company than you used to? 845 00:44:49,650 --> 00:44:51,890 I prefer to think of it as leaner, tougher. 846 00:44:52,310 --> 00:44:55,470 Can you give us the details on your new loan? What did you use for collateral? 847 00:44:55,830 --> 00:44:57,590 Well, there was my car. 848 00:44:59,830 --> 00:45:01,010 And my mother's car. 849 00:45:02,670 --> 00:45:03,670 And my mother. 850 00:45:06,270 --> 00:45:10,290 The details are in your press kits, which we have ready for you. Is this 851 00:45:10,290 --> 00:45:13,090 conference indicative of a new candor with regard to the press? 852 00:45:13,350 --> 00:45:17,910 I hope so. We expect you to report the news of our company fairly and with 853 00:45:17,910 --> 00:45:21,930 insight to the public, and in return, if you think we're ducking, you don't 854 00:45:21,930 --> 00:45:22,930 hesitate to let us know. 855 00:45:24,310 --> 00:45:27,890 I don't think I have to remind the Tribune to do that, do I? 856 00:45:29,030 --> 00:45:30,030 Thank you. 857 00:45:34,090 --> 00:45:35,090 Well, Adam, what do you think? 858 00:45:35,920 --> 00:45:37,040 You seem pretty forthright. 859 00:45:37,400 --> 00:45:39,800 Answered all our questions without trying to sidestep us. 860 00:45:40,280 --> 00:45:42,320 I know. That's what I'm worried about. 861 00:45:48,060 --> 00:45:53,080 His love life had the country talking. Let's meet millionaire Donald Trump as 862 00:45:53,080 --> 00:45:55,860 Wealth and Power Week continues on Biography tonight. 863 00:45:56,260 --> 00:46:00,700 Now, a fingerprint expert gets his chance to leave his mark on a tough 864 00:46:00,920 --> 00:46:05,240 A murderer attacks the city. On Police Story, next on A &E. 67845

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