00:16:09 Some of the money we borrow.
00:16:11 Some we raise from the public sale of securities.
00:16:15 We pay debt incurred in buying the company...
00:16:17 ...with cash from its ongoing operation.
00:16:20 And by selling off pieces of the business.
00:16:22 That's French for firing people, isn't it?
00:16:26 As few as possible, of course.
00:16:33 As I said, as few as possible.
00:16:40 I couldn't do that. I couldn't live with the fallout.
00:16:44 I'd take care of it.
00:16:45 I don't shave your face in my mirror every morning.
00:16:48 All that aside, I've never been a big fan of debt.
00:16:52 Debt can be an asset. Debt tightens a company.
00:16:57 It does wonders for the sphincter, too.
00:17:02 Why don't I have some of my people take a look at your numbers?
00:17:06 Get an idea of the value of the company.
00:17:09 Something to base a bid on.
00:17:12 Tell me one thing: If we did do this thing together...
00:17:17 ...who'd be in charge?
00:17:18 Who'd run the business? How does that work?
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