Michael Jackson and John Branca -- a Major Wrap Series

[CherubimII]

Michael Jackson and John Branca -- a Major Wrap Series
By Sharon Waxman
Published: December 05, 2010 @ 11:58 pm
http://www.thewrap.com/media/column-...p-series-23020
<SCRIPT src="http://w.sharethis.com/button/buttons.js" type=text/javascript></SCRIPT><SCRIPT type=text/javascript>stLight.options({ publisher:'4b0a40f0-78eb-4d7d-b78e-fc72c0fbce61', tracking:'google'});</SCRIPT>
This week TheWrap kicks off a five-part investigative series about Michael Jackson and John Branca, the lawyer who now runs his estate.
Researched and written over the better part of the last year by Johnnie Roberts, the series explores the tempestuous relationship between the pop star and his financial manager – one that led to Branca’s hiring and refiring over decades, the last time just a week before Jackson died.
There are many revelations in the series; the first segment looks at a little-explored deal to sell the Beatles and Mijac catalogues to Goldman Sachs, to alleviate Jackson’s crushing debts in 2003. TheWrap got copies of documents that show that Branca stood to make millions off that deal, which ultimately did not close.
Other parts of the series will reveal how Branca won the Beatles catalogue in a brilliant maneuver, how he got Michael Jackson to do the “Thriller” video with John Landis after the pop star had stated his firm opposition to it. (Both moves were the most financially significant in Jackson’s career.)
This series confirms our commitment to long-form investigative journalism in the digital age. We hope that the serialized format makes for compelling reading on the web.


Part 1How Michael Jackson Nearly Lost His Prized Music Catalog

http://www.thewrap.com/media/article...on-again-22420

Part 2 Inside Secrets of the Goldman Deal[URL="http://www.thewrap.com/sites/default/files/imagecache/image_160x120/article_thumbnail/NEW%20MichaelThumbnail.jpg"][/URL]
http://www.thewrap.com/media/article...man-deal-22479



Part 3 The Secret Probe That Got Branca Fired
http://www.thewrap.com/media/article...ca-fired-22850

 

[MooringTide]

Even though I believe Branca is innocent and the crazy theories going on about him are utter rubbish, where are the last two parts of the series? I want to see them.

 

[Ashtanga]

Hmmmm.... Interesting. I'll watch it later.



Thanks for posting!

 

[riviera1992]

Thanks for posting this. Very interesting.

Watch this:
Wall Street and Goverment Sacks
http://www.youtube.com/watch?v=qsSOoVjLvg0

 

[jrsfan]

Thanks for posting this. Very interesting.

Watch this:
Wall Street and Goverment Sacks
http://www.youtube.com/watch?v=qsSOoVjLvg0

You know what is interesting to me, is I went to school with Tom Montag of Goldman Sachs. He was supposed to testify so I watched that very carefully- I saw his pic on TV, which surprised me because my older brother told me he had gotten very heavy & I don't think the pic matched when I saw it on TV. I looked for him to testify, I never saw it though.

I also went to school with Pete Neupert of Microsoft. Funny how Bill Gates retired to just be on the board in summer of 2008 is kind of my recollection.

I will watch again.

 

[Vici]

In part 3, it says... "In a July 2003 missive on his firm&#8217;s letterhead, Branca essentially put Goldman on notice that it ultimately must ensure Jackson&#8217;s ongoing obligations -- including &#8220;direct payment of this firm&#8217;s 5%&#8221; -- if the proposal progressed."

So, does this mean that Branca was working with MJ in July 2003?
Is this more proof that Branca came back after he was fired in february 2003 or am i totally reading it wrong?

 

[ivy]

In part 3, it says... "In a July 2003 missive on his firm’s letterhead, Branca essentially put Goldman on notice that it ultimately must ensure Jackson’s ongoing obligations -- including “direct payment of this firm’s 5%” -- if the proposal progressed."

So, does this mean that Branca was working with MJ in July 2003?
Is this more proof that Branca came back after he was fired in february 2003 or am i totally reading it wrong?

yes he was working for Michael in July 2003.

I did post this in the general discussion thread. The Wrap has posted one letter from Branca

http://www.scribd.com/doc/43789064/Branca-s-Secret-Letter

as you can see in July 2003 Branca was negotiating the Goldman Sachs deal on Michael's behalf. So yes he was rehired shortly after he was fired in Feb 03.

http://www.mjjcommunity.com/forum/showthread.php?t=99063

 

[Vici]

^^^ Thanks Ivy