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#4 The Remarkable Life and Turbulent Times of Joseph P. Kennedy

Founders

NOTE

**The Making of a Hollywood Tycoon - same issues as gaming **

Kennedy discovered that the cash flow problem was even worse than he had imagined, but that that could be remedied by cutting per picture production costs and studio expenses and reducing the price of borrowing money to finance new pictures./nHe organized a new company, the Cinema Credits Corporation, yet another side business. So he raised money to fund it from Boston investors who were investing in FBO and used a separate corporation to finance his films at better rates than were available elsewhere.

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