Other People's Money
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Other People's Money
Plot
Norman Jewison directed Alvin Sargent's adaptation of Jerry Sterner's off-Broadway satire of the excess of the '80s, with Danny DeVito as corporate raider Lawrence Garfield -- or, as he is better known, Larry the Liquidator. Larry spends his waking hours searching for companies to take over. One morning he comes across New England Wire & Cable, a company that has seen better days but is not debt-ridden and contains plenty of cash. Licking his chops, Larry hopes to raid the company and strip its assets. But the company's president, Andrew Jorgenson (Gregory Peck), wants to continue in the wire and cable business. For help, Andrew seeks out his daughter-in-law, Kate Sullivan (Penelope Ann Miller), a New York attorney who is as obsessive about saving Andrew's company as Larry is about destroying it. When she walks into Larry's office, Larry immediately falls in love. But they are adversaries, and they have to decide if love or corporate buyouts come first. This all comes to a head during a shareholder's meeting inside the factory, where both Andrew and Larry state their cases regarding Andrew's beloved company. ~ Paul Brenner, RoviCast
- Danny DeVito - Lawrence Garfield
- Gregory Peck - Andrew "Jorgy" Jorgenson
- Penelope Ann Miller - Kate Sullivan
- Piper Laurie - Bea Sullivan
- Dean Jones - William J. Coles
Credit
Robert Guerra - Art Director, Nathan Haas - Art Director, Christopher Cook - Associate Producer, Kelly Baker - Associate Producer, Sarah Miller Hayward - Associate Producer, Howard Feuer - Casting, Theoni V. Aldredge - Costume Designer, Norman Jewison - Director, Lou Lombardo - Editor, Michael Pacek - Editor, Hubert de la Bouillerie - Editor, Davina Belling - Executive Producer, Ellen Krass - Executive Producer, David Newman - Composer (Music Score), Jeff Wexler - Musical Direction/Supervision, David Forrest - Makeup, Kevin Jewison - Camera Operator, Steve Rose - Production Designer, Philip Rosenberg - Production Designer, Joseph E. Foley - Production Designer, Haskell Wexler - Cinematographer, Norman Jewison - Producer, Ric Kidney - Producer, Thomas Roysden - Set Designer, Jery Hewitt - Stunts, Alvin Sargent - Screenwriter, Jerry Sterner - Play Author| Other People's Children (1913 Film), Other People's Children (1978 Film) | |
| Other People's Pictures (2004 Film), Other People's Sins (1931 Film) |
Oxford Companion to American Theatre:
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Other People's Money
Other People's Money (1989), a play by Jerry Sterner. [Minetta Lane Theatre, 990 perf.] Lawrence Garfinkle (Kevin Conway) is a smug, uncouth corporate raider, who has set out to take over the conservatively managed, somewhat decrepit New England Wire and Cable Company. The company's chairman, Andrew Jorgenson (Arch Johnson), determines to resist. But the cunning, persistent Garfinkle slowly wins over many stockholders, and, far more surprisingly, he gains the affection of Kate Sullivan (Mercedes Ruehl), who is not only the daughter of Jorgenson's longtime assistant (Scotty Bloch) but also a sharp Wall Street lawyer brought in to fend off Garfinkle. While this incisively written drama succeeded handsomely Off Broadway, a highly praised road company quickly folded. But the play has met further success in regional theatres. It is virtually the only drama to deal with a major economic problem of the decade. Jerry STERNER (1938–2001) was a Bronx native and college dropout. He spent many years in the real estate business and as a Wall Street broker before abandoning it to work full time at playwriting. His first produced play, Be Happy for Me (1986), was a quick failure. The success of Other People's Money promised further hits, but Sterner's premature death intervened.
Wikipedia on Answers.com:
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Other People's Money
This article is about the film. For the 1914 book, see Other People's Money and How the Bankers Use It.
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This article does not cite any references or sources. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (April 2009) |
| Other People's Money | |
|---|---|
 Theatrical release poster |
|
| Directed by | Norman Jewison |
| Produced by | Norman Jewison Ric Kidney |
| Written by | Jerry Sterner (play) Alvin Sargent (screenplay) |
| Starring | Danny DeVito Gregory Peck Penelope Ann Miller |
| Editing by | Hubert C. de la Bouillerie Lou Lombardo Michael Pacek |
| Distributed by | Warner Bros. |
| Release date(s) | October 18, 1991 |
| Running time | 103 minutes |
| Country | United States |
| Language | English |
Other People's Money is a 1991 drama/romantic comedy film starring Danny DeVito, Gregory Peck and Penelope Ann Miller. It is based on the play of the same name by Jerry Sterner. The director was Norman Jewison and the screenplay was credited to Alvin Sargent.
Plot
Lawrence "Larry the Liquidator" Garfield (Danny Devito) is a successful corporate raider who has become rich buying up companies and selling off their assets. With the help of a computerized stock analyzing program, Larry has identified New England Wire & Cable as his next target. The struggling company is run by the benevolent and folksy Andrew "Jorgy" Jorgenson (Gregory Peck) and is the primary employer in its small New England town.
Desperate, Jorgy hires his stepdaughter Kate (Penelope Ann Miller), a lawyer, to handle their defense against the takeover. Larry is instantly smitten with the beautiful Kate although he does not waver from his goal of purchasing New England Wire and Cable. As Kate conducts negotiations with Larry to save the company he attempts, unsuccessfully, to seduce her. Despite their antagonism over the company, Kate finds herself attracted to Larry's earnest and bold nature.
Larry's takeover attempt begins to fracture the New England Wire & Cable family. Kate's mother Bea (Piper Laurie), secretly offers one million dollars in greenmail to Larry if he'll go away, but he refuses. Trusted company executive Bill Coles (Dean Jones), fearful that the takeover will leave him with nothing, offers to let Larry vote his shares in the company in exchange for a payout. Larry agrees, but specifies that Coles will only get a large payout if his shares make up the margin of victory.
At the shareholder's meeting, Jorgy makes an impassioned plea to save the company, appealing to the traditions of manufacturing as opposed to the new breed of capitalism which Larry represents. The shareholders seem swayed by Jorgy's speech and Larry gets up to give a rebuttal. Comparing New England Wire & Cable to the last buggy whip manufacturer, Larry argues that changing technology has made the company's product obsolete. Rather than running a failing business into the ground, he argues that the shareholders follow his lead and get what value they can from the company while it lasts. When the vote is taken the shareholders agree to give Larry a controlling interest in the company. The margin of victory is greater than Bill Coles shares and thus he receives only a small payout from Larry. Kate makes a last minute plea to Larry that he not close down the company, acknowledging the feelings between them at the same time. Though touched, Larry states that he cannot run the company at a loss, then leaves.
Back at home in Manhattan, Larry finds himself uncharacteristically despondent after his victory, having realized he lost his chance for a romance with Kate. Just then, Kate calls him. She informs him about discussions she's been having with a Japanese automaker who wants to hire New England Wire & Cable to make airbags for them, something which will make the company profitable again. Larry, celebrates his new chance to meet with Kate and possibly begin a romance.
Cast
- Danny DeVito as Lawrence Garfield
- Gregory Peck as Andrew Jorgenson
- Penelope Ann Miller as Kate Sullivan
- Piper Laurie as Bea Sullivan
- Dean Jones as Bill Coles
- R. D. Call as Arthur
- Mo Gaffney as Harriet
- Tom Aldredge as Ozzie
External links
- Other People's Money at the Internet Movie Database
- Other People's Money at AllRovi
- Movie Review - Other People's Money
- AmericanRhetoric.com audio and text of Jorgy Jorgenson's (Gregory Peck) speech to NE Wire and Cable shareholders' meeting
- AmericanRhetoric.com video and text of Larry "The Liquidator" Garfield's (Danny DeVito) speech to NE Wire and Cable shareholders' meeting
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