Would you risk everything over $20,000?

A weapons-ammunition dealer describes a $300 million contract with Albanian partners that fell apart over $20,000. When his partner Ephraim refused to pay a contractor named Costa for repackaged ammo boxes, Costa went to the New York Times, the FBI, and Albanian press with allegations of kickbacks. The speaker, working on commission with depleted savings, couldn't cover the debt himself.
Chapters
We hired Costa to do the repackaging, but then Ephraim, of course, wanted to make more money as he always did. And he tried to renegotiate with the Albanians to get a lower price on the repackaging. Not on the repackaging, on the actual sale of the ammo. Okay. And they said, we know you're hiring these other guys to do the repackaging. Why don't you give us that contract so we can make money on repackaging? Right. Then we'll give you a discount on the ammo. Yeah. Because that way it's a win-win, right? And Ephraim's like, yeah, sure, fuck that guy. I'm not tied to him. He's fired. You're hired. Let's do this. Yeah. Costa calls me up and he's like, hey, I understand it's business, but I got stuck with $20 grand worth of boxes. Yeah. Can you at least buy them? Right. And I'm like, yeah, that makes sense. Sure. Yeah, buy them. Of course. And I tell Ephraim and Ephraim's like, oh, I talked to the new guys. They already bought their boxes. They don't want to deal with this guy. And I'm like, well, so I tell Ephraim, like, just pay the guy $20 grand. Yeah. He just paid all of his money on these. Yeah, yeah. You know, we kind of left them out in the cold. Anything to do. And he's like, nah, we don't need to do that. And I'm like, we should really do that. Yeah. He knows everything. Oh my God. And Ephraim's like, nah, what's he going to do? Fuck that guy. I guarantee he's a nobody. He's not going to do anything. I'm like, Ephraim, that's a really bad idea. $20,000 insurance policy. It's $20 grand. We have a $300 million contract. And I was thinking, man, maybe I should pay him because we can get it. And but like my agreement with Ephraim was that, you know, I was working on commission only. I wasn't getting any salary. I was living off the $100 grand that I had at the beginning. Yeah. This point I had like $25, $30 grand left. Right. And Ephraim still hadn't paid me for any of the contracts we had done together because every time at the end of a contract, we were already working on a new contract. Right. And he's like, I'm putting all my money this. It's only fair you put your money into it. Yeah, you just made a bunch of money on this propane contract, on this gun parts contract. Why don't we roll it into the next thing? Yeah. So he kept on rolling my— and I was like an idiot, you know? I was like, you know, I'm like, yeah, that makes sense. It's only fair. You're doing your thing, I'll do my part, you know? And I'm like, you know, fair's fair. And so like, I was down to like my last $25,000, $30,000. Yeah. This guy is like, hey, you owe me $20,000. And I'm like, I'm not comfortable like putting your last money at my last penny. I still had to pay rent. And so I'm like, well I told him, I'm like, this is a very bad idea. You should pay the guy. I can't pay him myself. I would if I could, but you should pay him because this is a contract with you, with our company, right? And he knows everything. So it's worth it as insurance. And he's like, nah, fuck that guy. Don't worry about it. And I'm like, okay, well, I said, listen, I tried. So he really should have paid him because that guy got really mad and he called up the New York Times and told them about what we were doing. Wow. And he called up the FBI, told them what we were doing. And his biggest mistake is he called up the local Albanian press and he told them that— probably true— that the local Albanian politicians were getting kickbacks from our deal.
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