Y&R: Jack turns to Nick to regain control of Jabot!

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Y&R: Jack turns to Nick to regain control of Jabot!; SOW Article Summary
Topic Started: Nov 11 2009, 09:48 PM (806 Views)
Kenny	Nov 11 2009, 09:48 PM Post #1
Posts: 37,144 Group: Admin Member #2 Joined: June 6, 2007	Please link to DR only. Thank you! :) Jack turns to Nick to regain control of Jabot! This week, Jack's quest to gain more control of Jabot through Chancellor Industries (its parent company) leads him straight Nick Newman. "It's clear Jack is not going to get in on this IPO -- initial public offering -- that Chancellor is opening up," explains Peter Bergman. "He tries everything he can. He tries to get Ashley involved. He talks to Neil and Katherine about it," but they all say it isn't going to happen. The reason Jack wants to buy up the stock is simple. "It would mean he'd be sitting on the board at Chancellor and having considerably more control over what happens at Jabot," explains Bergman. "Obviously, Jack already owns a large share of Jabot, but Katherine owns controlling interest. If Jack [could get more stock], he'd have a real say as to what goes on at Jabot." Katherine, however, is determined to keep this from happening. She knows exactly what Jack's plan is and she doesn't want his agenda on the board because she knows he has a history of running roughshod and taking things over. Jack refuses to be deterred, so he goes to Nick with a deal: He'll put up the money to buy Chancellor stock if Nick buys it posing as Newman Enterprises. "Jack is totally up-front with Nick," explains Bergman. "He basically says, 'You have no downside here. You rep me. You rep my interests, go in, and buy the stock. I give you the money. If it goes south, if Jabot tanks, I lose the money. You don't lose anything. You'll get the tax advantages of having a loss.'" Jack makes the proposition even harder to resist when he appeals to Nick's sense of family. Jack tells Nick that they were both born to run their family's companies. "It's in their genes. He tells Nick, 'You know what I'm feeling and I'm asking for your help.' Things can work out great," Bergman insists. "Jack has a real shot at regaining control of Jabot. His ultimate plan is not nefarious. It's not dark. It's just to regain control of a company his father built. It's a great wrong that Jack has to right."



Kenny	Nov 12 2009, 05:08 PM Post #2
Posts: 37,144 Group: Admin Member #2 Joined: June 6, 2007	Well... glad to see I'm not the only one who isn't the least bit interested in this, LoL.



BlackJackAbbott	Nov 12 2009, 05:56 PM Post #3
Posts: 13 Group: Members Member #4,540 Joined: May 15, 2009 Favorite Current Daytime Soap Opera Young and the Restless Favorite Soap Opera of All Time Young and the Restless Favorite Current Primetime Soap Opera None Favorite Primetime Soap Opera of All Time Dallas	Oh, I'm interested! It's time an Abbott ran Jabot. I just have a feeling Jack won't end up getting his wish. This "Tucker" character will be on the canvas soon. I have a feeling everything Jack, Ashley, and/or Katherine has planned will be impacted by this guy. Jack won't get Jabot back. :angry:



celine12	Nov 13 2009, 11:31 PM Post #4
Posts: 235 Group: Members Member #4,648 Joined: May 27, 2009 Favorite Current Daytime Soap Opera Y&R Favorite Soap Opera of All Time DOOL Favorite Current Primetime Soap Opera Grey's Favorite Primetime Soap Opera of All Time Dynasty	BlackJackAbbott Nov 12 2009, 05:56 PM Oh, I'm interested! It's time an Abbott ran Jabot. I just have a feeling Jack won't end up getting his wish. This "Tucker" character will be on the canvas soon. I have a feeling everything Jack, Ashley, and/or Katherine has planned will be impacted by this guy. Jack won't get Jabot back. :angry: Not Jack Abbott. Both Kay and Ashley seem determined to keep Jack out of the company. With Jack's track record, who can blame them. I am very curious about Ashley's plan.



Sammie Jo	Nov 15 2009, 07:41 PM Post #5
Posts: 295 Group: Members Member #4,576 Joined: May 18, 2009 Favorite Current Daytime Soap Opera Y&R Favorite Soap Opera of All Time Y&R Favorite Current Primetime Soap Opera Desperate Housewives Favorite Primetime Soap Opera of All Time Desperate Housewives	Kay doesn't want him to have control of Jabot and neither does Ashley. How many times has he had his hands on it and screwed it up?



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