By this point, with MGM/United Artists on life support, major studios were beginning to look like an endangered species—a terrifying development for agents because sellers had no leverage without multiple buyers. We were helping Matsushita to acquire a studio, but also helping the entertainment business to stay afloat. I felt like Louis Brandeis, who, after he spoke on behalf of competing interests in the United Shoe Machine Trust matter, was asked whom he actually represented. “I represent the situation,” he replied. Less nobly, I was delighted by the prospect of jousting with Lew again. I
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