Buying a movie studio by not selling but giving away fake pictures. But it is completely unclear just what Ferey thought he was doing. Just what the exit strategy of all this was going to be, other than pump as much money as he could into his own Italian bank accounts and then spend enough of... 1/

CROSSPOST: DAN DAVIES: The MGM AffairDan's subheadline: "non è ben trovato, è vero"; that is inverting Giordano Bruno's “se non è vero, è ben trovato...”—"even if it is not true, it is a good story..."; it is a good story, & true...braddelong.substack.com