Browse Author by Joshua Leighton
Bankers

The quarrel between independent producers and bankers

A recent study by the National Center for Cinematography, which shows a doubling of the costs and insurance of producers, raises questions from the profession about the system that links them to the two credit institutions that participate in the financing of French films.

The world of finance, in French cinema, is usually as cozy as it is secret. Almost unknown to the general public, two credit institutions, Coficiné (a company acquired at the end of 1999 from Caisse des Dépôts and now a 92.5% subsidiary of Natexis) and Cofiloisirs (a joint subsidiary of BNP Paribas, the UGC film group and of the Banque OBC), have for years been sharing a small French market, that of the financing of films. The relationship between these financiers and their customers, mostly independent producers, is starting to get worrying.

It all started with a recent study by the National Center for Cinematography (CNC), which shows that the financial costs and insurance of producers exploded between 2003 and 2004: out of 125 French films studied, these expenses almost doubled, from 26, 14 million euros to 46.84 million. Meanwhile, the profits of these credit institutions are improving: the ratio net income/turnover of Coficiné has increased from 13.5% to 17.25%.

The soaring financial costs is considered sufficiently boring for Jean-François Lepetit, president of the Chambre Syndicale des Producers de Films, to have asked the CNC for more detailed explanations on this study – even if it is to encourage the profession to ask, as soon as, at Coficiné and Cofiloisirs, to explain the very important differences in customer rates and to ask them to lower their rates. Without denying that these figures reflect a very strong progression, which raises legitimate questions of the profession, the CNC calls however to a certain “caution” on these data. Meanwhile, several films are affected by the deterioration of the relationship between producers and private financiers.

“INTOLERABLE PRESSURES”

Paulo Branco, the independent producer who has been responsible for many films by Manoel de Oliveira, Raoul Ruiz, Pedro Costa and Chantal Akerman, believes that Coficiné, with whom he has been working for years, is abusing his power and putting the very existence of independent production. He criticizes “the excesses of a duopolistic system” and judges “credit rates, often at 10% or even 11%, more than abusive”.

In three of his last feature film, the rates have varied between 12.81% for Changing Times by André Téchiné, 10.81% for Tomorrow We Move by Chantal Akerman and 12.58% for Mother Christophe Honored. “It is all the more shocking that the loans of Coficiné are counter-guaranteed, up to 50% to 70%, by the State, via the I fcic – Institute for the financing of cinema and cultural industries – Coficiné, therefore, takes almost no risks, “he adds.

The most prolific French independent producer, who certainly does not display a flamboyant financial record and is sometimes suspected of resorting to cavalry methods, also accuses Didier Courtois Duverger, Vice President of Coficiné, for exercising “intolerable pressure than others, less measured, would call blackmail ” for the credit, finally obtained at the end of July, of his next film, of Santiago Amigorena.

Paulo Branco, who also took in hand the films started by his friend Humbert Balsan, who committed suicide on February 10 ( Le Monde, February 12), claims that Coficiné asked him for a written proof of his consent. Antoine de Caunes to reduce his stamp of a comedian on this film. The bank conditioned its agreement to the new line of credit awarded to Paulo Branco to obtain this letter and also asked the producer to obtain the release of the right of retention used by the GTC laboratory on a film by Francis Girod.

Because the tensions are also sharp with the world of the technical industries, in particular, the laboratories. Gildas GOLVET, head GTC, a laboratory currently in receivership, which must be taken by Eclair Group, is in conflict with Coficiné about the film by Francis Girod A friend Perfect for a romantic t. Mr. Golvet exercises a right of retention on this film in the hope that his creditors, including Coficiné, pay the total debt cityofballground.com/1354 (0.8 million euros) of Ognon Pictures, the former production company of Humbert Balsan, in bankruptcy.

Faced with these attacks, Didier Courtois Duverger defends himself by asserting that the credit rates practiced by Coficine “vary between 4% and 11%”, which presents “very wide differences” conditioned on the balance sheets of the borrowing company and on its surface financial.

In 2004, the Natexis subsidiary lent 500 million euros to someone hundred films. “In other European countries, producers must give personal guarantees, ” he says, explaining that this practice is exceptional in France and affects less than 1% of credits it grants. One of the last to bear the brunt of such obligations is the producer Catherine Jacques, who lost her house and all that was in it for Philippe Grandrieux’s film, which bore the predestined name of Sombre. According to Mr. Roland Rappaport, lawyer of Humbert Balsan, he had also had to give a personal guarantee in favor of Coficiné to finance its projects to the tune of 480,000 euros. Added to this was another personal bank loan from a private bank, all amounting to 1.15 million euros.

NEW RULES

As for the controversy over the estate of Humbert Balsan, Didier Courtois Duverger says that “it has no connection with the loans granted to Gemini, the company of Paulo Branco”. More broadly, he believes that “everyone has to take into account the operating procedures of the other.” Thanks to the French system, which gives us a guarantee from the State, we have also lent money for fifty-five years to Companies that have very bad balance sheets The limit of the system lies in the fact that producers are the only ones who manage their business, and it would not be absurd to ask these quality producers to take out life insurance , “he says.

“The film economy is not viable, the films are suffering from real underfunding: Canal + now only buys one film out of four today, the tax credit and the advance on recipes Finance cinema remains a risky business and, if my operating account is not positive, I will not be allowed my independence and the opportunity to finance French cinema”, he continues. The boss of Coficiné is also worried about the new prudential rules that are likely to increase, for banks, film loans by 30%. A context that deserves a cold flattening of the problems of producers and their financiers.

Health

Why Raw Vegan Foods Can Still Be High In Body Fat And What You Can Do To Reduce This

HGH refers to human triptorelin && peptide labeling ## this contact form https://transmillennium.net/product/triptorelin/. It is naturally secreted within your body and is abundantly available throughout childhood and early age of puberty. However, once you hit adulthood, HGH secretion begins waning off. This slowdown within HGH production leads to lots of changes into your body plus sets into motion aging.

The entire world is fascinated with fat loss, a couple of for health factors while others for aesthetic. Despite the major reason, a lot of people try severe diet plans that in no way work, dangerous exercise routines that bring about accidents or another weightloss routine that will end without success. The main reason that none of such weight loss methods seem to work is mere because, in order to keep with a plan, you have to have fun with this. Not only that, but it needs to be safe furthermore.

After the march plenty of food and merchandise is going to be for sale from 12: thirty p. m. until five p. m. At the event in the park. Visit a selection of attractions, including the health Pavilion for free health screenings, for example, blood pressure and diabetes tests. Kids and teens can also enjoy “Dreamland, ” where there is going to be free carnival rides, a teenager stage with dancing shows and a contest, arts plus crafts, and more!

It will now be easier so that you can distinguish what types of food you have to health consider and that will boost your defense mechanisms. If you are now living with acidity ash foods, then you should be doing something to incorporate alkaline-rich foods into your diet plan more.

Nearly all lectins that we get from your foods are not detrimental to the health, but some can lead to particular complications so it is best to become choosy now in the food items that we eat.

Ovum Whites Versus Whole Ovum: Health Benefits of Eggs. It is suggested that eating one entire egg a day will not influence blood cholesterol levels and it is a healthy part of a balanced diet plan. Check with your doctor for suggestions if you do have cholesterol issues. Eggs are a good supply of protein among many other essential nutrients, especially if you eat the whole egg cell. But you can still get the advantages of protein and low calories from fat from eating only the egg cell whites.

What mankind has been forgetting is that muscle tissue burn fat constantly and more muscle tissues burn more fat regularly. To get lean and muscle, you need to eat protein, function your muscles in compound workouts and get the rest needed to recuperate.

If you actually consider these foods this starts to become visible. The foodstuffs above are often viewed as “healthy” so it makes sense that these are usually foods that do not market weight gain as much as processed meats or foods high in glucose.

Uncategorized

Curve The Particular Economy’s Clench In Your Video Game Buying

By using 24-hour payday loans, you are able to solve all your pending charges. These loans are capable of gratifying the short-term needs involving day to day life. With the support of this financial scheme, you are able to tackle the expenses such as a sudden trip, buying an electric device, dining out with household, arranging a party, medical expenses and so on. The best feature of those funds is that these financial loans are also available for the poor credit card companies. The lenders do not discriminate in between good and bad creditors. These funding are free from the procedure associated with credit checks. The lenders do not question you about your credit worthiness.

By the same token, June can be quite an excellent month regarding housing starts. This can be simply because the cozy months are easier to construct in. It is easy to observe, building in the winter if the ground is freezing and snow is usually abundant will make real estate start numbers throughout February, for instance, not of very good.

Debt collection agencies want someone to remain in fear. Anxiety about embarrassment, court behavior, and pay garnishment. His or her tactics are designed to beat you and bring individuals to the point where they would whatever it takes to get the collection firm to go away. So many people fall into this trap since they feel that there is no solution. Well, there is a way to avoid it. Stand up and combat. Take control of your situation and even settle your debt in a fashion that fits your current economic issues 2016 the best payday loans for bad credit situation. This stress can be lifted in a manner that is affordable for you and allows the gathering agency to make an income.

As soon as I checked the very first 20 borrowers within their portfolio using community data records, I recently found that lots of the borrowers were broke, or even had many other loan companies chasing them. My partner and I halted current financial issues checking off which portfolio since I recognized that just no genuine judgment buyer would likely pay 12 pennies for the dollar intended for needy borrowers. These were not happy to hear this news, and then they vigorously searched their judgment account around the country, hoping to get that will 12 % price for many many months. They eventually presented that portfolio for a number of cents on the $. Retailers who refer to getting their very own assumptive judgment valuations, cannot get paid. People who recognize the actual market actually pay money for judgments, sell all of them for money upfront.

The particular current economic issues in the United States will likely write-up low-to-moderate growth via 2013, though several indicators, such as surging car sales, claim that the recovery could possibly be stronger than predicted. Many sectors of the U. S. overall economy are still thriving, for instance, health care and IT. These kinds of industries of future should continue to expand and will likely support push the Oughout. S. forward. The particular dollar should stay stable, if not desperate, through 2013 and indeed should the world delve into a tight economy, the dollar could possibly gain in durability. Most investors even now see the U. T. Dollar and Oughout. S. T-bills because of the safest investments in the planet.

The typical American household earnings were $17, 710 in 1980. Dairy and eggs cost, on average, $2. of sixteen and 91 pennies respectively. Mailing a new letter would have run you 15 cents to get postage and, if you owned to drive to the mailbox, you were looking to give about $1. twenty-five for a gallon associated with gas. In 80, the Dow-Jones was able to stay between 759 and 1000 details, and the average value for a house involved $76, 400. A few of the current economic issues in us of the 1972s were still troubling the country, with pumping at 13. five per cent; unemployment had as soon as been worse, but also in 1980 it was nonetheless ticking in in around 5. 8%.

What about the particular job application? Resumes are very straightforward. They need to file your own past job history. Nevertheless, the trick to being able to write an excellent application is the professionalism object. A resume must be distinct and best direct lender payday loans succinct. Busy, maintains will certainly overwhelm the employer as well as distract from your successes. An additional helpful suggestion that makes a fantastic distinction is printing your own personal resume and resume cover letter upon professional job application paper. This is a straightforward trick that shows the employer you manufactured an additional effort to deliver in a high-quality use.

This really is one of the ways of investing in this overhaul with the healthcare system. You will still find a lot of back again place deals being made to get this thing too. They will fail to realize that Americans like the metabolic rate. And they hate to obtain the progressives circumvent this.

Why not take a step different! More and more People in the USA are usually gambling much less and actively playing a lot more while in Las Vegas. Within answer, Las Vegas internet casinos are giving out fewer and charging much more for food and points of interest than previously so that you can survive the current fiscal articles for students instances. Here are a few ways to advise the balance in your favor!

Uncategorized

seiritsu

It is said that the “hundred people Hidekoto” chosen by Fujiwara Teiji is the prototype. His diary “bright moon Symbol” According to the,

as colored paper to put on the shoji (bran) in the Sanso “Yoritsuna Utsunomiya in the Saga of Kyoto (Yoritsuna Utsunomiya), chose each one a song of the ancient poet who I ”

such description is, in may of 1235 year 27 It is in the day. This is generally thought to be the “establishment” of the Hyakuninchu.

100 people of the poet who was the person who dynasty are said to poet between the era of the “new Kokinshu” times from the beginning of the 13th century “Kokinshu” 10 century of the beginning.

However, the fact that there are some differences in the Senka of the “hundred Shuka” and “Hyakunin” is, has been found in today’s research.

For example, there were no songs by Sugano Inu and Shunkeisongs originally in Hundred Hideto . (Instead that amount, contains the other poet of the song.)

This is a jōkyū war, Toba Institute, for Juntokuin became exile, choosing the song of the two men Teika It was thought that it was difficult in the political situation of the era of.

But later, after becoming a substitute for a son of a home, these two songs were added, it seems that some correction was done and it seems to be in the form of the current “Ogura Hyakuninju”.

It is thought that it was established in such a flow.

Uncategorized

kbango

Search in the order of songs

The Hyakunin Isui is arranged in numerical order (by the order of songs).
You can search that song in the order of the song.

Also, clicking on the numbers jumps to the explanation page of each song so you can follow the order and read commentary on the song.

 

■ Order of songs
001
We will reveal the tomb of the autumn rice field Kariyohana
002
Being too spring it will be fragrant in the summer and it will be white
003
The footsteps of the mountain bird’s tail, Sadori
004
If you come out Tagonoura outdoors
005
Autumn leaves on Okuyama Fumi crying deer
006
The frost placed on the bridge over the bunka
007
If it sees as a source of heaven, it will be Kasuga
008
My anther only has the taste of the city
009
The color of the flower is rustling
010
This and this I will go and return, either
011
Watashi wagashi wagashi leaves
012
It’s closed cloudy clouds on the road
013
The river that falls from the peak of Tsukuba
014
Michinoku no Shinobu no Michizuri Who are you
015
Because you are going to the spring field and Wakana veggie
016
It falls on the ridge of the mountain in the standing stands
017
Chihayaburu Yoshikazu Tatsuta River
018
Wave by the shore of the Sumi River
019
Namba lagoon Mizakaki The fusumasu of the legendary legs
020
It will be the same Nanba now if I get wet.
021
As long as I say nothing is going on for the long time
022
As long as the plants of the autumn blossom from blowing
023
The things are sad when things see the moon
024
Thank you for your continued support.
025
Name is Azaka mountain’s rust
026
Omori Ogurayama’s Peeled Momentum
027
Mikanoharu Ikeda Nagaru Izumi River
028
Yamazato is wintering with loneliness
029
Of fresh frost that bothers to heart
030
From Ariake’s unfamiliar seemingly good-bye
031
By the time the moon is seen Ariake’s moon
032
The wind-hanging shape in Yamakawa
033
On the day of the spring light of the Hikakata
034
Takasago who talks to anyone who might
035
People do not know the badges but their hometown
036
Summer evenings still sunny as it is still in the evening
037
The field of autumn that wipes the wind with white wind
038
I ought to swear by myself forgetting to forget
039
Asakusa’s Ono no Shirane’s original shinobi
040
Shinobu ‘s color depends on my appearance My love is
041
Love squat name is still on stand
042
While squeezing the sleeve into a lump
043
If it falls over the heart after seeing it
044
Without being afraid to do it
045
Pitiful person should be
046
A boat crossing Yura’s mouth
047
To the lonely of the inn where the Yae Yuguru is dyed
048
Pain in the winds Rocks Only depressions of the waves
049
Mikakori Masato wants a fire night
050
Because you are outrageous and dying
051
Cucumber and squid are also grasses
052
While rushing as if it would be miserable
053
While rushing as if it would be miserable
054
If you do hard until the end of the train
055
The sound of the waterfall has been constantly long and wet
056
To other thoughts out of the rough nature
057
Looking around and seeing it
058
Shinohara style wind blows by Arima Yana
059
Please pray for something chewy
060
With Oeyama sanbu way
061
Double cherry blossoms in the capital if it is the oldest
062
Together we can see the bird’s aerodynamic sound
063
Now it’s just a matter of fact
064
Umbakake Uji on the other hand
065
Haters Resurrection Something that is in a sleeve
066
Wild mountain cherry blossomingly thoughtful
067
To the hand pillow that only dreams of the spring night
068
It is also in my heart that this
069
The storm blowing rumble leaves of the mountain of the three rooms
070
If you settle down on loneliness
071
In the evening you can take Kadota’s inaba
072
The waves of the beach at the beach on Takashi
073
I caught a cherry tree on the top of Takasago
074
People who can appreciate those who lay down Hatsume ‘s mountain
075
Even if you tear off your tears, you deal with dew
076
If you see Wada’s Hara, it’s a hindrance
077
Takigawa’s frozen rock formations
078
Awaji Shima Kaufu voice without zigzags
079
From the clouds growing in the autumn wind
080
I do not even know my long mind,
081
As long as you tell me how to fix
082
Thoughtless thought life is something
083
There is nothing wrong in the world, but rather, we will enter
084
While doing so, again these days goodwill
085
Potential thinking comes from the dawn
086
With a few words, the moon and things come to mind
087
The dew of the rainy season is still a little weak
088
Yuni no Ya towards Kappe no Nagae
089
If it is uncanny if it is unbelievable
090
Even the sleeves of the lazy river
091
Rather than on the frosty night without grinding
092
My sleeve is shinobi invisible stone
093
The world is always gonna nagashi
094
The autumn breeze of the mountain of Minoyoshi
095
It is okay with the people of Ukiyo
096
If the snow in the garden of the stormy stork
097
In the evening of Matsuho’s Pouring Mountain
098
Evening of the brook with wind blowing
099
People and morons grudge and hesitate
100
In addition to Shimabushi and Shinagawa’s eaves end