Report on a Movie "Other People's Money"

You need to watch the movie, Other People’s Money (a film starring Danny DeVito, Gregory Peck and Penelope Ann Miller).

1. Is it possible to pursue goals of social responsibility (ethics) and shareholder wealth maximization at the same time? Explain your response (use an example to support your position, if possible).

2. Why was New England Wire and Cable a good candidate for a takeover?

3. Regarding the speeches made by Jorgenson and Garfield, with which points do you agree? With which points do you disagree? Why?

4. If you were a shareholder in New England Wire and Cable, with no other interest in the Company, how would you vote and why?

5. Explain one defensive way to a takeover attempt and provide a real world example about that defensive way.