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Dueling tops

Arthur,it is eso de la bag, says he value them for actions Telefónica was bajo.

– Va is so bad the company? - L wonder Juan José, Quien también watching nuestra dinner with friends.

Juan José are professor of physics, in know anything about this, he understands the value of the stock corresponds with siempre una realidad business, and that one company as extended multinacionalmente're a bit if su buen stock value are considered "bajo" in it parquet.

Poco days after this conversation comenzaron of them rumors of a possible interest AT&T in Telefónica. La major American carrier towards month announcing su deseo de extenderse Europe, very concentrated because the competition in the U.S. made it almost impossible to grow there.

After the rumor, actions Telefónica began to rise, more so when the company announced an agreement with the Dutch KPN to acquire its German subsidiary E-Plus, acquisition together with Telefónica Deutschland positioned to Telefónicaas market leader in mobile in Germany.

However, the aforementioned interest AT&T was silenced last week when the Mexican billionaire Carlos Slim decided a takeover (Takeover Bid) of America Movil for acquisition 100% ofKPN, which will void the sale of E-Plus a Telefónica.

As I turned to my friend Arturo meet with me that these corporate movements sometimes turn into a war of power and ambition between the two companies TOPs. "I remember - says – Film “Wall Street” and the struggle between Gordon Gekko and Sir Lawrence Wildman ".

Arturo has left me with the fly behind the ear. Is it true that human greed emerges easily with so much power and money in parallel with normal cases of business competitiveness and market penetration? I decide to go back to see “Wall Street” quietly in the chair home and I'm impressed to see how that movie 1987 that, after the movie, I made my wife cry, "But what are these Americans exaggerated", today I feel real as life itself. And I think Arthur thought might have some sense.

In fact there was talk at the time that the character of Gordon Gekko, created by writer Stanley Weiser for film Oliver Stonerepresenting the most extreme face of unbridled unethical,, was based on the life and miracles of Ivan Boeski, financial ended up in prison.

In the decade of the eighties still Corporate Social Responsibility (RSC) was not a subject of debate, rather the opposite, admired the prototype is successful broker or executive-aggressive to a level closer. “Wall Street” Gekko character and represented the quintessential business and personal success, both mud dragged after numerous powders.

The imaginary profile of Gordon Gekko and Mario Conde, flesh and blood character, were internationally and in Spain respectively archetypes of success in life. As spectacular both Gekko seemed more real than it was and Conde more out of a fictional story. One was a career criminal finance, the other it made him by royal decree, although personally I think other motivations led to his prosecution. The fact is that both were convicted and two were released from prison to continue playing hard.

With respect to mergers and acquisitions are two memorable scenes in the movie: the scene where Gekko mansion where Sir Lawrence Wildman receives , British financial imaginary caste to which the upstart Gekko, with his handling of inside information (inside trading), is ruin and grab your investments. In that scene dog face negotiates an agreement for the purchase value of a shareholding. The other scene is Gekko's speech at the meeting of shareholders of Teslar, stunning vindication of greed with applause and cheers of the room (see video attached and Spanish translation at end of article)

Sometimes reality and fiction come together. The illegal use of inside information is one of the most common forms of corruption. “The commodity know is more valuable than information”, this sentence is a principle of Gekko. Where is the red line between the official talks, the actions of the lobbies and insider?

It is reported that Randall L. Stephenson, President AT&T visited in June to Neelie Kroes, Vice President EU to probe associative movements that were baked in the European operators as, following the current paradigm is barruntan mergers and acquisitions to reduce the number of European competitors. It is also rumored that AT&T Spanish government previously probed to see the possibility of acquiring Telefónica, with negative results held personally.

Certainly not consistent that the market is so different operators in the U.S. with 4 major companies nationwide coverage while in Europe has created a fragmented over 150 companies 28 countries. We propose a European concentration. Participation exists Vodafonethe UK in the U.S. Verizonand discussed partnerships France Télécom with Deutsche Telekom.On the other hand the three American giants AT&T and VerizonU.S. and America Movilof Mexico, flirt for Europe to benefit from the advantages of globalization, wonderful concept that is not always reported synergies or benefits other than those magnates of the operation and financial agencies. (Seehere Some reactions KPN)

In all this tortilla tops certainly breaks some huevo.

We will see that for this duel of titans with the last action initiated by Slim and all that lio of mergers and acquisitions in the sector it them European operators. S time for them in the political EU Hagan su trabajo y Protect the interests of the Union vs. the siempre paradigms that have been demonstrated in favor of it bien common European.

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One Response to Dueling tops

  1. Rita the singer says:

    Buen paralelismo, mucha actualidad y un montón de reflexiones entrecruzadas. Lo leí dos veces para pillarlo bien.
    esta vez estoy muy de acuerdo contigo.
    justo el dia que lo publicaste la justicia americana pidió la extradición de un manager de brokers español que trabajaba en Londres en JP MORGAN. Creo que no era un caso de informacion privilegiada sino de desfalco a la compañia. en cualquier caso parecido al jovencito que trabaja para Gekko en Wall Street.
    O sea que siguen los casos de corrupción
    Y tu como crees que se erradicaria la corrupcion, majo?

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