William White's childhood was challenging, and someone always had plans to teach him the art of filmmaking.
The Hunt family was already under intense scrutiny, and the Chicago trading market couldn't help but adjust the price of futures paper to six thousand dollars.
Despite being six times more expensive, it seemed absurd. William White wondered why these traders couldn't establish a reasonable leverage ratio. Was it really that challenging to add margin if needed?
Unbeknownst to William White, such practices were deeply ingrained traditions. Without real-time computer matching, modern methods wouldn't work. Additionally, there were benefits to maintaining the status quo; implementing this plan fully would likely reduce transaction amounts significantly.
William White found it amusing. The Hunt family was in a tight spot, needing to mobilize more funds to avoid a crash.
In a sense, they were closing the gates, leaving only the Hunt family inside.
Reflecting on the soybean futures incident, William White realized that although the Hunt family had won, the trading rules hadn't changed. If they had requested increased margin at that time, the Hunt family would have been in trouble, with no possibility of making a shipment.
Now, with long positions opened and the Hunt family causing trouble, there were no longs or shorts left, and trading volume soon dwindled.
The reasons for such market collapses were unclear then and even more so now. William White, lacking expertise, could only observe.
The U.S. financial market was intricate, resembling a national-level game. For instance, oil futures trading wasn't allowed in the U.S.
The richest family in the world at the moment, the Hunts, was a recent laureate. While it might seem like a mockery, they indeed had the capital to flaunt.
Their wealth, holding at least 200 million ounces of silver, was considerable. However, the true value of their wealth would only be revealed once the storm settled.
The title of the world's richest person made William White sneer. Even if the Hunts had that much money, they wouldn't be the richest family. Were there only a few famous families left in the world?
With time running out, William White needed to focus on completing the shooting. Post-production time was tight.
He pondered how to announce Star Wars. If it crossed 10 million, the entire summer season might explode.
Money was undoubtedly essential. For Lucas, dealing with money had become increasingly challenging.
Apart from the success of Star Wars, there were numerous foreign investments. In Hollywood, there was a saying: don't invest in your own movies.
However, William White, as a small producer, had a different situation. While he also needed foreign capital for movies with hundreds of millions of dollars, he wasn't entirely dependent on it.
With a sharp tongue, William White was formidable. Forget the critics; he was almost as good as a tongue warrior.
For those in arts and crafts, why belittle others? Hollywood was in a state of confusion, torn between creating commercially successful films and pursuing serious themes.
The reality of prioritizing a full meal over serious themes was ruthlessly exposed.
William White's financial status was well-established, but there was only so much money. The global box office of The Imperium exceeded 250 million, and his success had been achieved with the help of others.
Stepping down peers could lead to someone's downfall. For producers and directors, it was challenging to get along with everyone. Changing directors might make the restaurant business better, but old customers would be lost.
The rising salary in the industry was truly speechless. If memory served him right, there would be an actor strike this year.
William White found it perplexing. With such a poor economic environment, why now?
The U.S., particularly Hollywood, had some peculiar traditions. For instance, an actor strike happened in 1980 and another in 2008, both during the worst periods of economic conditions.
For someone not planning to take on new projects this year, with another election year approaching, politicians would naturally express various forms of support.
Politician, actor, guild, film boss – it was like a four-nation war.
The boss wouldn't have much influence, and causing trouble on the street was useless. Demand determined the remuneration, and the pay for first-line stars was never cheap.
As the shooting concluded, William White's career was progressing rapidly. However, with less time for making movies, he needed to find a suitable director for his series.
The industry was on the verge of an actor strike. While it was difficult to comprehend, Hollywood had some unique timing choices.
Once in 1980 and once in 2008, during the worst economic periods, Hollywood decided to engage in a strike. If capital had agreed to the conditions, they might as well have declared bankruptcy directly.
William White didn't plan to take on new projects this year. With another election year, it was likely that politicians and actors would engage in their usual dance.
A producer, actor, and guild strike were all potential scenarios. Hollywood, with its peculiar traditions, often made choices that seemed nonsensical, especially during challenging economic times.
As he waited for the storm to pass, William White continued to focus on his current projects.