He inquires about the whereabouts of the notes for his new anti-marriage book,Mind over Matrimonythat Abby had hidden from him.The news was broken to him by Max Schumacher who was president of the News Division at UBS.The two old friends got properly pissed -In the middle of a drinking marathon on a nighttime street in Manhattan, Beale""s boss and old friend and admirer Max Schumacher (William Holden), the head of the network news, speak ogether about their maverick days in the early 50s in the radio news business when television was just beginning.A few moments later, he discovers her discarded handkerchief (and cigarette) and her purse - thrown down.Shrek told Arthur: "You""re the new king of Far, Far Away," as the other students reacted with disbelief, while Lancelot joked: "More like the Mayor of Loserville.