anna metcalf
Artist Adventurer! » Money

Posts Tagged ‘Money’

Update on Capitol Films/Kurt Vonnegut Gives Me An Annatude Adjustment

Tuesday, July 8th, 2008

Sorry for the excessive negativity there on that last post, folks.

I’ve just finished reading Kurt Vonnegut’s novel “Hocus Pocus”. The main character, Eugene Hartke Debs, does not curse. He says that cursing is a way for judgemental people to choose not to listen to what you’ve got to say. This character prefers to say “when the excrement hit the air conditioning” and I like this thought process. But I think I enjoy f-bombs more . . .

Anyway, since in my last post, I publicly smeared my former employer, I feel an update is in order. Some good news. Capitol Films has come up with enough money to pay the crew for their final week of shooting. It’s still very wrong that they paid those crew members late. It’s still very wrong that they, (at least to my knowledge) have not paid their vendors - this includes huge outstanding hotel and rental car accounts. This is a classic display of excrement hitting the air conditioning. For sure, for sure.

But, paying the crew is a huge step forward.

Ok, now I’m on to the more positive aspects of life . . . and there are many.

And so it goes.

F*ck You, Capitol Films

Thursday, July 3rd, 2008

I can neither confirm nor deny that my superiors encouraged me to post this.

I wrote this a couple of days ago after working my 14th day in a row with no days off. I needed to let out some steam. Here’s an email I circulated within my department.

Dear David Bergstein and everyone at Capitol Films.

The short of it. Fuck you.

The long of it -
How can you people live with yourselves knowing the hardships that you have caused our crew and our vendors? I am a proud accountant. And having to dodge the bank and having to deal with stop payments from the studio on checks that we have cut for items that we owe is a complete outrage. You constantly ask for reports and itemized lists that we would never be able to create. The reason why we cannot deliver your necessary projections directly stems from Capitol Films’ absolute resistance to deliver funding that is absolutely required for things we absolutely need in order to get this film going.

Surprise . . . all of the necessary expenditures to get your film going have to come by way of credit and promises to pay. Promises that your company consistently denies us. Then you have the audacity to suggest that it is our accounting department’s fault and problem.

My typical day is filled with making promises that I cannot keep to little ma and pa vendors who have extended services to our company on good faith. These are real people with families to provide for and bills to pay. Your constant promises of “tomorrow the loan will go through” is ludicrous. And you’ve all made a liar out of me.

I suppose you justify your late and slow pays with the fact that you’ve so generously given the crew large pay bumps as bribes in order to stay on and work, but in the end, the hoops to jump through to deal with your company is just not worth it for any of us. You all have set accounting up to fail. I suppose it’s a good practice for you. Make the paper trail as messy as possible so that any attempts to clean up the aftermath will be nearly impossible. Later on down the line, I can just surmise what justifications you all will have for not delivering the final necessary funds of nearly two million dollars that I have processed through accounts payable. . . “Hmmm . . . journal entries? What journal entries? No, we never got those. Sorry, we cannot release any funds.”

Again. Fuck you.

I’ve told every single vendor this week to NEVER do business with any Capitol sanctioned show ever again. And good luck getting a crew to work for you. This crew was not a pool of hungry fresh-out-of-film-school crew members that you have collectively and repeatedly shat upon. We are an amalgamation of professionals, many of us have worked in this business for over a decade. None of us have ever seen nor experienced anything like this.

Obviously none of you have ever had to work hard for anything. Obviously none of you care about good, honest business practices. Obviously all of you are liars and cheats.


Anna Metcalf
Second Asst Acct
Nailed Productions LLC
1022 Senate Street
Columbia SC 29201
ph - 803/779-3847
fx - 803/779-3825

*And I wrote this letter three days ago . . . before they decided to close the bank account.

And Sometimes You’ve Got No Warning . . .

Thursday, July 3rd, 2008

And then the adventure whisks you away.

One minute you’ve got plans and schedules and the next . . . well, the next . . . you walk into work and they tell you there’s no money.

That’s what happened yesterday. Yep, after three months of starts, stops, promises and excuses, Capitol Films finally conceded - they essentially gave us 24 hours to pack up the accounting office and get out of town. They’ve got a roughly 30 million dollar mess on their hands - a movie that’s 95% in the can and 100% in the toilet.

I’m pissed. We all are. Capitol Films is splitting town with no intention to pay the shooting crew’s last week of pay that they worked so hard for. And they have no intention to pay the vendors who extended support and services for the making of the famously troubled film I’ve been working on for two months called “Nailed.”

Flown in as an emergency assistant accountant, I knew what I was getting myself into when I took this job with Capitol Films. I knew that they are very slow to give up the money. It’s like the ’studio’ heads over there are in some fantasy world where they think that filmmaking doesn’t require funding. David Bergstein, the owner of Capitol Films has a ga-jillion bucks in his bank account. And doesn’t care that he’s fucking over hundreds of people.

If I’d have known that they were going to skip town owing millions of dollars, I would not have come here.

So, with 24 hours notice, I’m jetting town. Today. This afternoon, heading to Nashville, Tennessee for a little recuperation . . . one day I had Fourth of July plans with new local friends in Columbia, South Carolina . . . and the next thing I know . . . I’m hopping a plane without even time for a proper good-bye. I had my travel plans switched after they dropped the bomb on us because it’ll just be too depressing to stay, knowing the swath of monetary destruction that this horrible company is leaving in their wake.

Plus, if I don’t leave today . . . who knows if the ticket will be good later?

So, here I am in my hotel room this morning . . . tired, a bit hung-over and bleary-eyed. I’ve got about an hour to pack, but I’ve been on stand-by mode for weeks now, ready to jet literally at a moment’s notice. But I thought I’d have some sort of warning . . . nope . . . whoosh.

Here one minute, gone the next. On the road again. Ahh, the open road.

Some Thoughts On Money

Friday, May 30th, 2008

Everywhere I look in the media, the story is the same - articles about families eating more Spam potted meat product to combat the higher grocery prices, stories about the flailing real estate market, blurbs about Washington’s tax rebate, discussions of higher gas prices, advice on how to make your credit rating better. It endlessly goes on and on. And I have to be honest - these stories piss me off. My question to you all out there is - are we being duped? I mean, just a little bit?

Yes, food and fuel prices are rising. Yes, the housing market is in a slump. But this article discusses how the federal stimulus checks to the American people aren’t really helping much due to increases in the cost of living and quotes a Chattanooga woman, “You don’t get a windfall like this very often.” Are you kidding me? Since when is 600 lousy bucks a windfall?

I’ll admit, I don’t have children or a house payment, so that frees up my time and money for other things, like traveling. But, dammit, I’ve worked really hard for this lifestyle. Here are some clues for those struggling with a lack of dollars.

* Spend less than you make.

* Say NO to that new gadget, unless you can throw down cold hard cash for it. When you start laying down hundred dollar bills and you don’t get any of them back, that action registers emotionally in a way that a plastic credit card never will.

* Bike and walk wherever you can. It’s good exercise, it’s good for the environment and it’s especially good for your wallet.

* Be debt free. And don’t let anyone tell you that it’s impossible.

I made a radical decision nearly a decade ago that a 100% debt free lifestyle was my new paradigm and have happily lived in this manner ever since, without the weight and pressure and worries of owing anyone anything. It has set me free. It’s allowed me to do whatever I want whenever I want. It didn’t come easy as I was up to my eyeballs and beyond in heinous debt. I worked my ass off. And many people told me that it was impossible to become debt free. But I’ve never really listened to nay-sayers. It is possible. And life-altering.

Listen up people and don’t kid yourselves. When the subject of money comes up and I start spewing my debt-free philosophy, lots of people say things like, “Oh yeah, I’m debt-free . . . I only have a car payment.” Or “Yeah, I only have one credit card.”

This is not debt free.

I get lots of comments, like “What about a house payment?” Well, often I don’t know where I will be from one month to the next and right now I don’t want to be a slave to a house payment. This is my personal choice, but if I were to dive into the real estate market, I’d make damn sure I had a 20% down payment and that my house payment did not exceed 25% of my weekly income. A couple of years ago, when the real estate market was sky-rocketing out of control and an entire contingency of whiny Los Angelinos were knowingly offering much more than what their prospective properties were actually worth, I just shook my head in amazement. Now, a lot of people who simply “wanted” into the market no matter the cost are f-u-c-k-e-d and I don’t feel sorry for them.

Sometimes, it’s difficult to tell ourselves no. But, I’ve learned that a solid, “no, thank you” in the long run is the best choice and quite honestly - I don’t mind not having all the “stuff” that most people think are necessities. Keeping it simple is actually quite satisfying. I remember once many years ago not having enough money for food and the creditors’ calls were coming non-stop. The stress was incredible. I told myself that I would never again feel that way. And I never looked back.

I encourage any and everyone to have the fortitude to think for themselves just a little bit and not society’s mixed messages about money and how you choose to spend or not spend it. Commercials, newspapers, radio ads and magazines will all give messages from subtle to strong about how you absolutely need this or that thing in order to be successful. I say turn off that crap and go inside yourself to look for an answer. I bet you’ve got more inside yourself than you might think.

The federal stimulus of spending money at $600.00 is no “windfall” for me, nor is it eaten up by the grocery store and gas tank. Yes, I feel the squeeze too, but it’s not making me sweat. I’ve got a few savings accounts and I’m not in the red by a long shot. I’m not what most would consider ‘rich’ in dollars, but I’m doing OK in that arena, so well in fact, that I am rich in happiness and contentment with no money stresses.

At least that’s one less thing.