"Ian and I analyzed the information we have now. Ian believes that the floating interest rate will not rise until at least the end of next year. I think there may be some movement in the second quarter of next year." Theo whispered to Lance, his tone was normal, as if he was chatting about the weather, but the content of the words was really terrifying.

Lance raised his head and glanced at Theo. Theo's eyes were calm, without exploration, no curiosity, no speculation, no temptation, just with a hint of searching. This heart-to-heart trust never seemed to have changed. It was like this when he first saw Theo from the depths of his mind. "I'm not sure, but I think I'll have to wait until at least 2007."

Therefore, the further the opportunity for floating interest rates to rise, this means that the longer they will continue to pay "insurance" fees, the more money they invest, the more pressure they will naturally be on Chaos Pictures, and the higher the risk of bankruptcy.

In fact, in the second half of 2006, major banks had already smelled the danger. The cases of housing loan defaults were far beyond imagination, but the floating interest rate had not changed, and the price of cdo remained high, showing their firm confidence in real estate. This was actually an illusion, and later people had many speculations about such a situation.

One guess is that investment banks already know that something is wrong, but they just hold on and want to secretly sell cdo, and at the same time buy "insurance" cds hedging or even making money, which constitutes a fraud, which is also an important reason why ordinary people hate Wall Street; another guess is that the price of cdo is determined by the mathematical model of investment banks. The model is too complex and too large, and the calculated price cannot accurately reflect the loan situation of the lower level. Until the collapse, the price of cdo did not change much, so the entire bubble collapse came so rapidly and suddenly, which is the so-called big but not falling.

However, no matter what the reason is, the reality is that it was not until the second quarter of 2007 that floating interest rates began to rise and the financial crisis began.

This is good news for Chaos Pictures, but it is also bad news. The good news is that they enter the market as soon as possible, the more profits they make; but the bad news is that after the time line is extended, the more pressure they will be. They may even collapse before the real estate collapses.

Both Ian and Theo's estimates will have problems in 2006, but the reality is delayed by a whole year before Theo's prediction.

Theo frowned slightly because of Lance's words. Lance didn't know how huge the funds involved were, and how terrible the pressure of Chaos Pictures would be. But he knew that this was definitely not an easy task. Taking the rush from the fire requires not only courage, but also decision! "If it really doesn't work, we can buy A-level CDS." That is, betting on loans with higher credit will also become bubbles.

Theo laughed silently. Lance was really ignorant and fearless. Purchasing a B-level CDO is already a big gamble for the current strong real estate situation, and it even challenges the A-level with higher credit. Theo did not respond, but just smiled and said, "Leave the next thing to me and Ian."

While speaking, meticulous footsteps came not far away. When Lance and Theo looked up, the person came close to the table where they were. "Sorry, please forgive me for being late. I hope you didn't wait too long."

Entering the sight was an ordinary middle-aged man with a light red ginger head, a slightly raised belly, a kind smile on his face, an inconspicuous gray suit and a white shirt, the two buttons at the top drooped apart, and it looked like the middle-aged Americans who could be seen everywhere on the street, and they forgot it in a blink of an eye.

"James, Lance; Lance, James." Theo stood up and took the initiative to introduce it. This is James Corden, the former helm of New Market Pictures, and is about to become the general manager of Chaos Pictures' distribution department.

"Whale Knight", "Female Demon", "Detective Illusion"... These are all works by James. Among them, "Female Demon" made Charlize Theron win the Oscar for the Best Actress. As the behind-the-scenes push, James made a great contribution. Therefore, Lance certainly would not regard him as a casual middle-aged man.

"Welcome to join Chaos Pictures." Lance stretched out his right hand and took the lead in expressing his kindness.

James looked at Lance in front of him and said with a smile, "My honor." But his eyes did not immediately look away, and he still looked at Lance with a bright look without any concealment. Lance was not panic or upset, and he calmly met James's gaze. After a while, James laughed happily, "Now all the media has deviled you. I was originally looking forward to a bloody mouth, but now it seems that I am going to be disappointed."

"It will be easier to achieve if there are horns on your head." Lance teased calmly, which made James stunned, and then laughed happily.

After a greeting, both sides sat down. James completed the ordering first, and then everyone started chatting. James talked about the copyrights held by New Market Pictures before, which are now owned by Chaos Pictures, and the income generated by the copyrights of those works will also become Chaos Pictures' new revenue projects.

Just a meeting, James showed his professionalism and social skills, which left a deep impression on Lance. You can feel that James is more like a manager, a businessman, rather than an artist or a creator. This is a good thing, and what the distribution department needs is his management ability.

"In recent days, I have been reorganizing the distribution department, including forming a publicity team..." James looked at Lance, but found that Lance shook his head and pointed at Theo, "He is responsible for these." James hesitated, but he still said bluntly, "I thought you were an expert." The implication is that Theo is an outsider, courageous but not reckless, and the ability to show in conversation can be seen everywhere.

Lance immediately understood what James meant. The promotional strategies of the previous four works were formulated by Lance, especially the two works "After acquired" and "City of Sin" have achieved incredible results by relying on correct publicity methods. These ideas and plans are from Li Jin's previous work experience, and from the understanding of the future diverse publicity methods.

The phone placed on the desktop vibrated and interrupted Lance who was about to speak. He picked up the phone, glanced at the screen, and then put it down, "I am a creator. I have many ideas, but I don't have the ability to execute." Lance didn't go around in circles and said directly, "I can participate in the creative storm, but the departmental framework and division of labor and cooperation are directly responsible for these."

James savored it carefully, and did not continue to entangle or ask the reason. He nodded simply and neatly, "I understand. So, the decision on the work of the distribution department?"

Lance looked at Theo. He didn't know how Theo communicated with James, but Theo came back, meaning that Lance decided to decide, "It's up to you." Lance said to James, "My main work will still focus on film creation. Of course, in the future, it may also involve some production aspects. Distribution is part of the distribution department."

James was a little surprised.

As Chaos Pictures has attracted more and more attention, people's impression of this company has gradually developed from "Lance's independent film industry" to "Straello Family Company", but no matter which one it is, it is undeniable that Lance is the soul of it. For family businesses like this, power is always in the hands of family members; not to mention, Diorama Film, which Lance started with distribution, so James did not expect Lance to directly delegate power.

Lance does not intend to explain too much, but the reasons are not complicated. First, it is to use people without doubt, and no doubt people. James' ability is worthy of recognition, and his experience in distribution is much richer than Lance; second, Lance now must concentrate more energy on the production department, which is the source of Chaos Pictures.

This is also the management method of a truly large company. It is left to James to be fully responsible. Once it fails, there is no doubt that James will be fired.

"But...I thought..." James said halfway, but the meaning was obvious. Then he chuckled twice, concealing his embarrassment. "I mean, not long ago, Ian gave me a list and said that this was the next plan of the issuing department. I thought you were willing to participate more." He was polite, but he went straight to Huanglong, and what he should say was still silent.

Especially considering that James has just entered Chaos Film, and this is his first meeting with Lance today, his courage, vision and demeanor are even more eye-catching. James is indeed a rare talent.

"This is just my opinion. In the distribution department, you will decide." Lance has a clear definition of power. The same is true for Diorama Film before. He did his job well and then handed over the decision to others. Unfortunately, human greed is always endless. He crossed the line, and others also crossed the line, and eventually he broke the line.

Langss paused, but decided to explain the matter clearly. "I have some attention to major film festivals and know some independent film connections, so I am very happy to put forward my views and share the works I think I should win. I hope we can communicate and reach an agreement."

"Of course." James lightly pointed his head and said with a smile, "After all, our goals are the same, aren't we?"

Lance looked at James's almost invisible eyebrows seriously, and the smile at the corner of his mouth outlined, nodding, "That's true."
Chapter completed!