Monday, August 20, 2012

ANOTHER WORLD TODAY EPISODE #172-1

“We could lose it all, Mom," Amanda admitted.

“No.” Rachel shook her head. “Impossible. Not Mac’s company. Never.”

“We’re hemorrhaging money. As soon as word got out about Carl’s funds being forcibly withdrawn, other investors started pulling out, as well. I’m tap-dancing as fast as I can, transferring cash out of one account to cover another, but it’s robbing Peter to pay Paul, and all of Wall Street knows it. In any case, we don’t have enough liquid assets on hand to meet every expense.”

“What can we do?”

“Outside of temporarily shut down and try to regroup? Raise some capital?”

“Out of the question. Subscriptions have been dropping for years as it is. If we shut down even temporarily, there is a segment of customers we will never get back. They’ll lose the habit of reading Brava in print, migrate over to the Internet, and that will be that. We don’t have the time to get our electronic publications up and running in the meantime.”

“Okay, well, then, a private loan. Let’s beat the bushes among our contacts.” Amanda hesitated. “You know, Mom, Spencer left Alice a pretty sizable fortune to do with as she sees fit. Alice knows how much Cory Publishing meant to Daddy. Maybe she’d be willing to…”

“Why in the world,” a voice behind them prompted both women to turn around, as Iris entered the drawing room, already in the middle of a conversation. Their conversation. “Would either of you be considering approaching an outsider, and a woman with little regard for this family as it is, when the more obvious solution to your dilemma is right in front of your noses?”


****

Iris offers a helping hand to Rachel as Marley stuns Grant.  Kirkland blindsides Jamie with an unexpected request, Matt appeals to Jeanne and get more than he bargained for, while Cass and Frankie catch sight of their prey.

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