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00:00:05,615 --> 00:00:08,083
[Bobby] Previously
on "Billions"...
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00:00:08,166 --> 00:00:10,083
[Chuck] The only
enemy more dangerous
3
00:00:10,166 --> 00:00:13,083
than a man with
unlimited resources...
4
00:00:13,166 --> 00:00:14,724
is one with nothing to lose.
5
00:00:14,759 --> 00:00:17,375
And that is what
you are looking at
6
00:00:17,458 --> 00:00:19,166
right here.
7
00:00:19,250 --> 00:00:21,000
This is for you...
8
00:00:21,693 --> 00:00:24,875
Look at them. With that
morning-after glow.
9
00:00:25,831 --> 00:00:28,000
This is what your
wife is out doing.
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00:00:28,083 --> 00:00:29,000
[Bobby] You see
things differently.
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00:00:29,083 --> 00:00:31,625
That's an edge. Congratulations.
12
00:00:31,709 --> 00:00:33,583
All the analysts
now answer to you.
13
00:00:33,667 --> 00:00:36,583
We've long suspected criminal
activity at Axe Capital.
14
00:00:36,667 --> 00:00:39,083
- Do you know how to do this?
- Some parts of the job
15
00:00:39,166 --> 00:00:40,625
are pretty intuitive.
16
00:00:40,709 --> 00:00:42,458
Is there any law
enforcement here?
17
00:00:42,542 --> 00:00:43,667
[Rico] No.
18
00:00:43,750 --> 00:00:46,542
You let me know if any show up.
19
00:00:46,625 --> 00:00:49,542
- You should name a C.I.O.
- I'll do it.
20
00:00:49,625 --> 00:00:52,291
But I'm not running with you.
And neither are the kids.
21
00:00:52,375 --> 00:00:54,295
So, you do what you got
to do, but we're staying.
22
00:00:55,571 --> 00:00:57,143
[Chuck Sr.] Black Jack Foley.
23
00:00:57,178 --> 00:00:59,218
- How are you, Charles?
- [Chuck Sr.] I'll be better
24
00:00:59,242 --> 00:01:01,041
if you help me out with
a little something.
25
00:01:01,125 --> 00:01:02,041
Jack.
26
00:01:02,125 --> 00:01:04,750
Will you make me governor?
27
00:01:04,834 --> 00:01:06,208
[vomits, all gasp]
28
00:01:06,291 --> 00:01:09,542
The Ice Juice IPO never
tracks back to my family,
29
00:01:09,625 --> 00:01:10,959
to my father's investment.
30
00:01:11,041 --> 00:01:13,458
Get out of the stock, Chuck.
They're gonna crush you.
31
00:01:13,542 --> 00:01:16,083
Wow, I'm glad to see you
view me as so defenseless.
32
00:01:16,166 --> 00:01:18,126
The Ice Juice short, how
do I get a piece of that?
33
00:01:18,150 --> 00:01:20,834
Ice Juice never
made anyone sick.
34
00:01:20,917 --> 00:01:21,792
You baited him?
35
00:01:21,875 --> 00:01:25,750
You used my company, my
career, my future...
36
00:01:25,834 --> 00:01:28,417
Where do you get the
fucking nerve?!
37
00:01:28,500 --> 00:01:29,834
I am done with you.
38
00:01:29,917 --> 00:01:33,000
You've been named interim U.S.
Attorney for the Eastern District.
39
00:01:33,083 --> 00:01:35,333
You didn't think this shit
happened by accident,
40
00:01:35,417 --> 00:01:36,667
did you, Mr. Dake?
41
00:01:36,750 --> 00:01:39,583
I've arranged that you'll lead
the prosecution at Eastern.
42
00:01:39,667 --> 00:01:41,427
Tell Sacker I'm gonna
make her Chief of Crim.
43
00:01:41,901 --> 00:01:43,295
[Bobby] I'm gonna find it.
44
00:01:43,871 --> 00:01:46,542
Whatever thread you left behind.
45
00:01:46,625 --> 00:01:50,834
And I am gonna pull on it until
your whole fucking world unravels.
46
00:01:50,917 --> 00:01:52,792
I might go down
behind all of this,
47
00:01:52,875 --> 00:01:55,291
but you are gonna be
right there next to me.
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00:01:57,173 --> 00:01:59,291
Worth it.
49
00:02:07,083 --> 00:02:10,542
♪ Dramatic music ♪
50
00:02:19,750 --> 00:02:22,792
♪ Garrett T. Capps'
"Born in San Antone" ♪
51
00:02:36,083 --> 00:02:38,917
♪ I was born in San Antone ♪
52
00:02:39,000 --> 00:02:43,875
♪ I was born in San Antone ♪
53
00:02:43,959 --> 00:02:48,208
♪ I guess that's why
I'm a pinche gringo ♪
54
00:02:48,291 --> 00:02:52,083
♪ I was born in San Antone ♪
55
00:02:52,166 --> 00:02:54,458
♪♪♪
56
00:02:56,834 --> 00:03:00,041
I'm from horse country,
Chuck, West Texas.
57
00:03:00,125 --> 00:03:03,250
My family bred 'em,
American quarterhorses.
58
00:03:03,333 --> 00:03:05,625
Those babies fetch
quite the price,
59
00:03:05,709 --> 00:03:08,208
so we were real gentle
with the product.
60
00:03:08,291 --> 00:03:09,417
We used teasers.
61
00:03:09,500 --> 00:03:11,458
Those are stallions you
put into the stall
62
00:03:11,542 --> 00:03:14,625
with the sole purpose of making
sure the mare's in heat,
63
00:03:14,709 --> 00:03:15,709
primed for breeding.
64
00:03:15,792 --> 00:03:17,672
Now, a teaser, he doesn't
get to do any fucking.
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00:03:17,696 --> 00:03:20,000
He's just there to
get the mare ready.
66
00:03:20,083 --> 00:03:21,250
Take her kicks.
67
00:03:21,333 --> 00:03:24,083
Try to mount, take
some more kicks.
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00:03:24,166 --> 00:03:25,750
By God, that teaser,
69
00:03:25,834 --> 00:03:29,250
he's got a rager going
on the whole dang time.
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00:03:29,333 --> 00:03:30,959
But that doesn't matter.
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00:03:31,041 --> 00:03:32,959
As soon as that dam is ready,
72
00:03:33,041 --> 00:03:35,750
we yank that teaser out of
there, lead the real stud in,
73
00:03:35,834 --> 00:03:38,166
and he gets to do
all the fucking.
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00:03:38,250 --> 00:03:42,291
Teaser has to make do with some
mangy hay and a bucket of oats.
75
00:03:42,375 --> 00:03:47,583
- Brutal.
- Yeah, nature often is.
76
00:03:47,667 --> 00:03:50,291
Right now, you're that
teaser, aren't you,
77
00:03:50,375 --> 00:03:51,959
with Dake prosecuting Axelrod?
78
00:03:52,041 --> 00:03:53,291
He's getting all the credit
79
00:03:53,375 --> 00:03:57,083
for putting the cuffs on him
and freezing his assets.
80
00:03:57,166 --> 00:04:00,166
Dake is fucking Axelrod right
now in front of everybody,
81
00:04:00,250 --> 00:04:02,250
and you, you're
back in the barn,
82
00:04:02,333 --> 00:04:05,583
nursing your rager
with a bucket of oats.
83
00:04:07,041 --> 00:04:10,500
Well, as long as justice is served,
credit doesn't matter at all, General.
84
00:04:10,583 --> 00:04:12,917
Good.
85
00:04:13,000 --> 00:04:16,333
Why don't you tell me how
it really makes you feel
86
00:04:16,417 --> 00:04:19,458
to see Dake with the
lariat in his grip?
87
00:04:22,875 --> 00:04:25,709
You'd like to tear that case
from him with your bare hands
88
00:04:25,792 --> 00:04:27,500
and leave him crying
in the gutter.
89
00:04:27,583 --> 00:04:30,542
Hmm?
90
00:04:30,625 --> 00:04:32,291
You got some wolf in you,
91
00:04:32,375 --> 00:04:35,166
which is why you're
not getting fired.
92
00:04:35,250 --> 00:04:36,500
Not quite yet, anyway.
93
00:04:36,583 --> 00:04:39,000
No, sir, you are among
the blessed few.
94
00:04:39,083 --> 00:04:41,333
It's end times for
most of your brethren,
95
00:04:41,417 --> 00:04:44,083
but you have not
been raptured yet.
96
00:04:44,166 --> 00:04:45,834
I've only kept on seven U.S.
attorneys
97
00:04:45,917 --> 00:04:48,166
since the president was
good enough to appoint me.
98
00:04:48,250 --> 00:04:49,850
Attorney General of
these United States.
99
00:04:50,341 --> 00:04:53,375
I just wanted to make sure
our agendas are aligned
100
00:04:53,458 --> 00:04:55,625
when it comes to that
justice you spoke of
101
00:04:55,709 --> 00:04:57,083
moments ago.
102
00:04:57,166 --> 00:04:59,811
These high-profile cases you
and your people have working?
103
00:05:01,417 --> 00:05:03,471
Heap of Wall
Street-related matters.
104
00:05:03,506 --> 00:05:05,333
Well, the markets are
within my purview.
105
00:05:05,417 --> 00:05:08,000
Well, that may be, but I
come from baseball country.
106
00:05:08,083 --> 00:05:11,875
We learn at an early age that
a tie goes to the runner.
107
00:05:11,959 --> 00:05:15,500
And that is how I want you to
think of our business community
108
00:05:15,583 --> 00:05:16,917
and its leaders from now on.
109
00:05:17,000 --> 00:05:20,500
Now, look, if there's a clear crime,
then, by all means, you go after it.
110
00:05:20,583 --> 00:05:24,458
But if it's a bang-bang play,
don't call a man out on a win.
111
00:05:24,542 --> 00:05:26,500
Just let that rally continue.
112
00:05:27,498 --> 00:05:30,417
I thought you come
from horse country.
113
00:05:33,227 --> 00:05:35,709
West Texas contains
multitudes, Chuck.
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00:05:36,522 --> 00:05:37,792
Ahh.
115
00:05:37,875 --> 00:05:39,792
Prioritize the cases
that make sense.
116
00:05:39,875 --> 00:05:42,333
You know what to
do with the rest.
117
00:05:43,163 --> 00:05:45,834
They're marked so
there's no confusion.
118
00:05:47,450 --> 00:05:49,792
Come on, let's schottische
on into this ballroom.
119
00:05:50,688 --> 00:05:52,000
Come on.
120
00:05:52,083 --> 00:05:54,375
[chuckles]
121
00:05:54,458 --> 00:05:55,667
♪ When I was younger ♪
122
00:05:55,750 --> 00:05:57,750
♪ Thought I was
oh so very bold ♪
123
00:05:57,834 --> 00:05:59,834
♪ Everyone told me ♪
124
00:05:59,917 --> 00:06:01,250
♪ To never leave home ♪
125
00:06:01,333 --> 00:06:03,667
♪ I said I'm sorry ♪
126
00:06:03,750 --> 00:06:06,250
♪ But I've got to go ♪
127
00:06:06,333 --> 00:06:10,625
♪ I was born in San Antone ♪
128
00:06:10,709 --> 00:06:13,000
♪♪♪
129
00:06:31,333 --> 00:06:34,291
♪ The Dictators' "The
Next Big Thing" ♪
130
00:06:38,661 --> 00:06:43,458
♪ I used to shiver
in the wings ♪
131
00:06:43,542 --> 00:06:47,583
♪ But then I was young ♪
132
00:06:47,667 --> 00:06:50,375
♪ I used to shiver
in the wings ♪
133
00:06:50,458 --> 00:06:55,583
♪ Until I found my own tongue ♪
134
00:06:55,667 --> 00:06:59,917
♪ I sock 'em everywhere
that I sing ♪
135
00:07:00,000 --> 00:07:02,166
♪ 'Cause you know, baby ♪
136
00:07:02,250 --> 00:07:02,917
♪ I'm the next big thing ♪
137
00:07:03,000 --> 00:07:06,875
♪♪♪
138
00:07:15,041 --> 00:07:16,500
First order of business.
139
00:07:16,583 --> 00:07:19,291
There's going to be an idea
dinner night after tomorrow.
140
00:07:19,375 --> 00:07:21,333
- Platinum invite list...
- Fuck. Fuck that.
141
00:07:21,417 --> 00:07:23,250
Fuck having this meeting
without Axe here.
142
00:07:23,333 --> 00:07:24,375
Fuck all of this.
143
00:07:24,458 --> 00:07:27,125
- Easy, "Dollar" Bill.
- Nothing about this is easy.
144
00:07:27,208 --> 00:07:28,875
I've been humping my
ass into the city,
145
00:07:28,959 --> 00:07:31,417
hour and a half in traffic, into
this swanky Manhattan office,
146
00:07:31,500 --> 00:07:33,166
and you haven't called
a single meeting
147
00:07:33,250 --> 00:07:35,333
because the government's
frozen all the assets.
148
00:07:35,417 --> 00:07:36,244
So when you called this meeting,
149
00:07:36,325 --> 00:07:39,406
I assumed that meant it was go-time
and they've finally been unfrozen.
150
00:07:39,442 --> 00:07:43,041
Not yet. Still frozen like
Otzi in the goddamn Alps.
151
00:07:43,125 --> 00:07:45,500
That's the Frozen Man, right?
152
00:07:48,792 --> 00:07:52,834
I need those funds to flow
like the Kancamangus Rapids.
153
00:07:52,917 --> 00:07:56,709
I'm ready to rock and roll on
full auto right the fuck now.
154
00:07:56,792 --> 00:07:58,875
[all talking]
155
00:07:58,959 --> 00:08:01,542
[man] Where the hell is Axe?
156
00:08:01,625 --> 00:08:05,083
♪ Soft music ♪
157
00:08:08,875 --> 00:08:12,083
I'm over here!
158
00:08:27,041 --> 00:08:29,333
Cool bachelor pad... bro.
159
00:08:31,104 --> 00:08:33,959
I wasn't gonna stay in Westport.
160
00:08:34,924 --> 00:08:37,709
Guys like you head to the city
when their marriages fall apart
161
00:08:37,792 --> 00:08:42,333
for the same reason birds fly south
instead of freezing their asses off.
162
00:08:42,417 --> 00:08:43,458
It's in the genetic code.
163
00:08:45,263 --> 00:08:47,875
You're the first person
to see the place.
164
00:08:47,959 --> 00:08:49,667
Other than the kids.
165
00:08:49,750 --> 00:08:50,750
What do they think?
166
00:08:51,495 --> 00:08:54,125
It's stocked with video
games and snacks.
167
00:08:54,208 --> 00:08:55,667
They seem fine.
168
00:08:55,750 --> 00:08:58,542
How about you?
169
00:09:00,013 --> 00:09:02,750
Did you just change out of the
pajamas three minutes ago?
170
00:09:04,166 --> 00:09:06,625
Are you planning to come to
the office anytime soon?
171
00:09:06,709 --> 00:09:08,375
Yeah, once my assets
are unfrozen.
172
00:09:08,458 --> 00:09:10,081
Should everyone
else go home, too?
173
00:09:10,116 --> 00:09:12,625
Not if they want to
stay on the payroll.
174
00:09:13,674 --> 00:09:14,674
That's inspiring stuff.
175
00:09:16,008 --> 00:09:17,583
Must be what Kennedy
said to his staff
176
00:09:17,667 --> 00:09:19,363
during the Cuban missile crisis.
177
00:09:19,671 --> 00:09:23,083
Kennedy wasn't under as
much pressure as I am.
178
00:09:23,166 --> 00:09:26,542
I tell you, Bobby, it's
times like these I...
179
00:09:26,625 --> 00:09:30,000
I wish you hadn't fired Dr. Gus.
180
00:09:30,083 --> 00:09:34,667
- Why?
- Because this...
181
00:09:34,750 --> 00:09:36,917
is a fuckin' disaster.
182
00:09:37,000 --> 00:09:38,458
[chuckles softly]
183
00:09:38,542 --> 00:09:39,709
[all talking]
184
00:09:39,792 --> 00:09:41,000
I get it! I get it.
185
00:09:41,083 --> 00:09:43,694
You're worried that every
day you're on the sidelines
186
00:09:43,729 --> 00:09:46,500
makes it harder for you to make
your numbers for the year.
187
00:09:46,583 --> 00:09:48,667
Not harder. Impossible.
188
00:09:48,750 --> 00:09:50,667
- Right?
- Well, know this.
189
00:09:50,750 --> 00:09:53,209
You won't fall below
the hard deck.
190
00:09:53,244 --> 00:09:55,375
No one is crashing and burning.
191
00:09:55,458 --> 00:09:58,208
If you come through for me
now, you will all make a bonus
192
00:09:58,291 --> 00:10:00,583
of at least what you
made last year.
193
00:10:05,083 --> 00:10:08,041
But first, you need to
deliver on today's mission.
194
00:10:08,898 --> 00:10:10,333
The idea dinner.
195
00:10:10,417 --> 00:10:14,000
Top-ten hedge-fund managers
in the city will be there.
196
00:10:14,083 --> 00:10:15,208
These rat fucks
197
00:10:15,291 --> 00:10:17,288
are how these billionaires
measure themselves.
198
00:10:17,323 --> 00:10:19,333
Even being in the
room confers upon you
199
00:10:19,417 --> 00:10:21,125
almost mythical status,
200
00:10:21,208 --> 00:10:23,083
like you're a knight
of the Round Table.
201
00:10:23,166 --> 00:10:24,917
- They ride in on horses?
- Maybachs.
202
00:10:25,000 --> 00:10:27,875
I've heard Axe say he'd never
go to one of these hog shows.
203
00:10:27,959 --> 00:10:29,750
Yeah, that he couldn't
understand why anybody
204
00:10:29,834 --> 00:10:31,851
would want to sit with his
rivals and give away good plays.
205
00:10:31,875 --> 00:10:33,475
[Wags] The whys and
goddamned wherefores
206
00:10:33,499 --> 00:10:36,208
are not for you to concern
your pretty little heads with.
207
00:10:36,291 --> 00:10:38,291
I think it's great that
we're invited, considering.
208
00:10:38,315 --> 00:10:40,596
We're kind of the most toxic
shop on the street right now.
209
00:10:41,089 --> 00:10:43,875
They begged him to come,
sent emissaries, gifts,
210
00:10:43,959 --> 00:10:46,520
all to ensure he'd be there
to share his insights.
211
00:10:46,853 --> 00:10:48,250
I'm so radioactive right now,
212
00:10:48,333 --> 00:10:50,667
I had to beg an invite
to this idea dinner.
213
00:10:50,750 --> 00:10:53,000
I need to understand
why you'd do that.
214
00:10:53,083 --> 00:10:54,500
Why do you think it matters?
215
00:10:54,583 --> 00:10:56,000
Look at where I am.
216
00:10:56,083 --> 00:10:57,898
Indicted, thanks
to your husband.
217
00:10:57,967 --> 00:11:02,125
Thanks to you giving in to
the worst of your instincts.
218
00:11:02,208 --> 00:11:03,792
Well, yeah, maybe that, too.
219
00:11:03,875 --> 00:11:05,792
But the point is I'm
about to stand trial.
220
00:11:05,875 --> 00:11:09,458
If I win, I want a
company to return to.
221
00:11:09,542 --> 00:11:11,709
The government, by
freezing my funds,
222
00:11:11,792 --> 00:11:14,417
is trying to tell the
story that we're crooked.
223
00:11:14,500 --> 00:11:15,583
They know we're not.
224
00:11:15,667 --> 00:11:19,250
They know they spent years
trying and failing to prove it,
225
00:11:19,333 --> 00:11:21,583
but the story is being
written every day now.
226
00:11:21,667 --> 00:11:25,417
So events like this idea dinner,
they also tell a story.
227
00:11:25,500 --> 00:11:29,249
So if I'm there, I'm telling the story
that I'm not cowering, I'm not hiding,
228
00:11:29,334 --> 00:11:30,342
I'm not defeated.
229
00:11:30,400 --> 00:11:33,333
But I can't just show up.
I have to dominate it.
230
00:11:33,417 --> 00:11:35,083
The only thing is,
231
00:11:35,166 --> 00:11:38,291
for the first time in my life,
232
00:11:39,390 --> 00:11:42,625
I don't think I can.
233
00:11:42,709 --> 00:11:44,583
Fear?
234
00:11:44,667 --> 00:11:45,834
Rage.
235
00:11:47,063 --> 00:11:49,667
We need to arm him with an
idea that will shock and awe
236
00:11:49,750 --> 00:11:54,500
so the dinner ends with Axe's idea
e-mailed and texted from firm to firm,
237
00:11:54,583 --> 00:11:56,792
leaving no doubt we are
still the sharpest.
238
00:11:56,875 --> 00:11:58,795
So go generate some
speedballs he can dazzle with
239
00:11:58,819 --> 00:12:02,667
or go the fuck home for good.
240
00:12:02,750 --> 00:12:04,333
[grunts]
241
00:12:09,959 --> 00:12:12,583
You're not authorized
to guarantee bonuses.
242
00:12:12,667 --> 00:12:14,917
Your ego just wrote a check
your body can't cash.
243
00:12:15,000 --> 00:12:17,214
I appreciate you waiting
until after the meeting
244
00:12:17,249 --> 00:12:18,625
to hit me with that one.
245
00:12:18,709 --> 00:12:20,435
I know holding back
doesn't come naturally.
246
00:12:20,470 --> 00:12:22,390
Well, I was so shocked you
could quote "Top Gun,"
247
00:12:22,472 --> 00:12:23,766
it took me a second to respond.
248
00:12:23,821 --> 00:12:26,750
I figure speaking their language
is part of the job now.
249
00:12:26,834 --> 00:12:30,291
But none of this is going to matter
unless Axe gets us back in the game.
250
00:12:30,375 --> 00:12:33,458
I have our best man
working on it right now.
251
00:12:33,542 --> 00:12:34,822
I want to run a Dickens process.
252
00:12:34,846 --> 00:12:37,667
Tony Robbins took me through
it a few years back, so...
253
00:12:37,750 --> 00:12:41,291
- Sit down.
- [sighs]
254
00:12:44,208 --> 00:12:46,375
I take you to specific
moments in your life,
255
00:12:46,458 --> 00:12:47,834
use them to jump
into the future.
256
00:12:47,917 --> 00:12:49,837
You get to experience
different possible versions
257
00:12:49,861 --> 00:12:51,625
of your life, like in...
258
00:12:51,709 --> 00:12:55,166
Like "A Christmas
Carol," hence, Dickens.
259
00:12:55,250 --> 00:12:57,166
Let's find a moment early on
260
00:12:57,250 --> 00:12:59,417
when your rage served you.
261
00:12:59,500 --> 00:13:01,583
Close your eyes.
262
00:13:04,592 --> 00:13:07,125
Let it come to you.
263
00:13:10,250 --> 00:13:13,375
Fifth grade.
264
00:13:14,024 --> 00:13:15,075
I needed money.
265
00:13:15,914 --> 00:13:17,750
There were these rich
eighth-grade pricks
266
00:13:17,834 --> 00:13:18,834
from Harrison.
267
00:13:18,917 --> 00:13:20,667
God, I hated their stupid faces.
268
00:13:20,750 --> 00:13:23,625
I had an Islander jersey
and a Koho hockey stick.
269
00:13:23,709 --> 00:13:26,250
I signed 'em Mike Bossy
and Bryan Trottier,
270
00:13:26,333 --> 00:13:28,166
and the dickbags bought 'em.
271
00:13:28,250 --> 00:13:29,291
What'd you get?
272
00:13:29,375 --> 00:13:32,750
$300 cash, new sneakers, Atari.
273
00:13:32,834 --> 00:13:34,750
When they found out,
they went to town on me
274
00:13:34,834 --> 00:13:36,117
like Dave "The Hammer" Schultz.
275
00:13:36,152 --> 00:13:40,208
God, I got so angry at them,
276
00:13:40,291 --> 00:13:42,542
my parents for not
having enough money,
277
00:13:42,625 --> 00:13:45,417
myself for getting caught.
278
00:13:45,500 --> 00:13:48,583
That rage...
279
00:13:48,667 --> 00:13:51,041
grew in me.
280
00:13:51,969 --> 00:13:53,942
It worked like jet
fuel for years.
281
00:13:53,977 --> 00:13:55,417
It was useful.
282
00:13:55,500 --> 00:13:58,250
Yeah. Fuck, yeah, it was.
Got me here.
283
00:13:58,333 --> 00:14:00,898
Your brain, instincts,
market feel, all that,
284
00:14:00,925 --> 00:14:03,709
had more to do with it. But
for the moment, let's agree
285
00:14:03,792 --> 00:14:05,417
that the rage worked for a time.
286
00:14:05,500 --> 00:14:08,166
But let's look for a moment
when it was the wrong tool
287
00:14:08,250 --> 00:14:10,250
and it cost you more
than it made you.
288
00:14:10,333 --> 00:14:12,250
We're gonna talk about
your husband now?
289
00:14:12,333 --> 00:14:13,917
No, about you
290
00:14:14,000 --> 00:14:17,462
and how when you
allow your anger
291
00:14:17,497 --> 00:14:19,250
to make you blind
to consequences,
292
00:14:19,333 --> 00:14:22,542
it shuts off those other
more crucial skills.
293
00:14:25,667 --> 00:14:27,375
Let's take a moment
294
00:14:27,458 --> 00:14:29,208
from your personal life
295
00:14:29,291 --> 00:14:32,792
with Lara.
296
00:14:32,875 --> 00:14:35,875
She'd say I allowed my anger
to throw everything away,
297
00:14:36,000 --> 00:14:38,865
to crack the
foundation of trust.
298
00:14:38,900 --> 00:14:41,333
So what if you could go
back into your past?
299
00:14:41,417 --> 00:14:44,125
How would you handle
that memorabilia sale?
300
00:14:44,208 --> 00:14:46,125
My past?
301
00:14:46,208 --> 00:14:47,977
Nah, I wouldn't change it.
302
00:14:49,542 --> 00:14:51,667
Good. We can't.
303
00:14:51,750 --> 00:14:55,792
But holding on to the feeling of
that rage, look to the future.
304
00:14:55,875 --> 00:14:57,667
Where do you see
yourself in five years
305
00:14:57,750 --> 00:15:00,125
if you carry on this way,
306
00:15:00,208 --> 00:15:04,417
if you continue to carry
the weight of this anger?
307
00:15:04,500 --> 00:15:07,542
Where are you in 10?
308
00:15:07,625 --> 00:15:09,834
20?
309
00:15:09,917 --> 00:15:11,959
Are you happy?
310
00:15:12,041 --> 00:15:14,792
Are you fulfilled?
311
00:15:14,875 --> 00:15:18,875
Or are you lonely, bitter?
312
00:15:18,959 --> 00:15:22,041
Lashing out.
313
00:15:22,125 --> 00:15:23,917
Fuck Dickens!
314
00:15:24,959 --> 00:15:27,542
All I see is jail
315
00:15:27,625 --> 00:15:30,041
and the company I spent
my lifetime building up
316
00:15:30,125 --> 00:15:31,000
reduced to rubble.
317
00:15:31,083 --> 00:15:33,709
Look, I want to
do this with you.
318
00:15:33,792 --> 00:15:36,333
I want to believe
that it can help.
319
00:15:36,417 --> 00:15:38,834
But I just don't think I can.
320
00:15:39,560 --> 00:15:42,333
Okay.
321
00:15:42,417 --> 00:15:46,166
But now you know exactly where
your focus needs to be,
322
00:15:46,250 --> 00:15:47,667
where you need to be.
323
00:15:47,750 --> 00:15:49,458
At the office.
324
00:15:49,542 --> 00:15:52,041
And when you get back
home from this conclave,
325
00:15:52,125 --> 00:15:53,959
make sure you get
with your people.
326
00:15:54,041 --> 00:15:56,213
Make sure we are all on
the same bill of lading.
327
00:15:56,934 --> 00:15:59,208
There's a new sheriff in town.
328
00:15:59,291 --> 00:16:00,959
You are all my deputies.
329
00:16:01,041 --> 00:16:03,834
Gonna be one hell
of a turkey shoot!
330
00:16:03,917 --> 00:16:05,917
Thank you!
331
00:16:06,000 --> 00:16:07,166
God bless you.
332
00:16:10,625 --> 00:16:12,834
Are we still employed?
333
00:16:12,917 --> 00:16:14,333
We seem to be.
334
00:16:14,417 --> 00:16:16,832
Mm. And the shift in agenda
he was talking about,
335
00:16:16,917 --> 00:16:18,208
- that hits us?
- Mm-hmm,
336
00:16:18,291 --> 00:16:19,822
but we press on, as always.
337
00:16:19,983 --> 00:16:23,917
I'll handle the optics, and
we'll manage up the chain.
338
00:16:24,000 --> 00:16:27,208
Just so you know, I'm as
nimble as I need to be.
339
00:16:27,291 --> 00:16:28,417
I count on that.
340
00:16:28,500 --> 00:16:30,375
This is the fissile material.
341
00:16:30,458 --> 00:16:31,917
You'll know what to do.
342
00:16:32,000 --> 00:16:32,875
Well, well, well.
343
00:16:32,959 --> 00:16:35,834
Bryan Connerty and his new lord.
344
00:16:35,917 --> 00:16:38,893
May your reign be
long and fruitful.
345
00:16:38,928 --> 00:16:40,583
I serve at the pleasure...
346
00:16:40,667 --> 00:16:42,417
Don't we all?
347
00:16:42,500 --> 00:16:44,083
Freezing the assets?
348
00:16:44,166 --> 00:16:47,083
Now, that's an Ivan Koloff bear
hug you're putting on the man.
349
00:16:47,166 --> 00:16:49,250
You're squeezing the
breath out of him.
350
00:16:49,333 --> 00:16:50,750
I was more Iron Sheik era.
351
00:16:50,834 --> 00:16:51,750
All right, fine.
352
00:16:51,834 --> 00:16:53,716
It's a camel clutch, and
a hell of a good one.
353
00:16:53,758 --> 00:16:56,125
You seem pretty
comfy at his elbow.
354
00:16:56,208 --> 00:16:58,041
That's the job.
355
00:16:58,125 --> 00:16:59,125
Until it ain't.
356
00:16:59,846 --> 00:17:01,667
Man, ain't that the truth?
357
00:17:01,750 --> 00:17:04,417
But you can't let this monster
have a chance to recover.
358
00:17:04,500 --> 00:17:06,333
Yes. I'll use my
leverage and strength
359
00:17:06,417 --> 00:17:08,250
and get something
valuable in return.
360
00:17:08,333 --> 00:17:09,792
I know my job, Chuck.
361
00:17:09,875 --> 00:17:13,041
And I also know the real reason
you need this to go quickly.
362
00:17:13,125 --> 00:17:16,083
Oh? And what do you
imagine that is?
363
00:17:16,166 --> 00:17:18,206
You are like a man who
committed a crime of passion.
364
00:17:18,230 --> 00:17:21,917
In the moment, it felt so right.
365
00:17:22,000 --> 00:17:23,375
But in the morning,
366
00:17:23,458 --> 00:17:26,365
all he sees is the blood
splashed on the walls
367
00:17:26,400 --> 00:17:28,000
of his dead lover's bedroom,
368
00:17:28,083 --> 00:17:30,291
and he just wants
it all to go away,
369
00:17:30,375 --> 00:17:31,917
but it can't.
370
00:17:32,000 --> 00:17:35,223
I'm going to prosecute the case
to the full extent of the law
371
00:17:35,258 --> 00:17:37,417
without breaking the
terms of our agreement.
372
00:17:37,500 --> 00:17:40,959
So if you don't clean up all the
blood before the cops get there,
373
00:17:41,041 --> 00:17:43,667
I cannot guarantee your DNA
stays out of the courtroom.
374
00:17:43,750 --> 00:17:47,333
This is a conversation we need
to finish somewhere else...
375
00:17:47,417 --> 00:17:48,500
private.
376
00:17:57,083 --> 00:17:59,250
[horns honking]
377
00:18:05,750 --> 00:18:07,375
- Hey.
- Hey.
378
00:18:09,382 --> 00:18:10,458
You ready?
379
00:18:10,542 --> 00:18:11,750
Yeah.
380
00:18:11,834 --> 00:18:12,834
Let's do this.
381
00:18:14,208 --> 00:18:17,166
And newly appointed U.S.
Treasury Secretary
382
00:18:17,250 --> 00:18:19,026
Todd Krakow was sworn in today.
383
00:18:19,374 --> 00:18:21,291
Look at that preening fuck.
384
00:18:22,228 --> 00:18:25,834
You know, his name on money may
actually make me like him less.
385
00:18:25,917 --> 00:18:28,208
Hello, Bobby.
386
00:18:29,333 --> 00:18:30,834
Birch!
387
00:18:30,917 --> 00:18:32,337
- Axe.
- Wendy.
388
00:18:32,372 --> 00:18:33,667
Lara.
389
00:18:36,758 --> 00:18:38,291
I'm here to go over my assets.
390
00:18:38,375 --> 00:18:40,625
You were supposed to
bring a business manager
391
00:18:40,709 --> 00:18:41,989
or accountant, not a competitor.
392
00:18:42,013 --> 00:18:44,500
I only compete with currently
active hedge funds.
393
00:18:44,583 --> 00:18:46,291
Ding, ding, ding! I
want a clean fight.
394
00:18:46,375 --> 00:18:47,655
Protect yourselves at all times.
395
00:18:47,679 --> 00:18:49,166
There'll be no
standing eight count.
396
00:18:49,250 --> 00:18:50,650
Give Lara full
access to the books.
397
00:18:50,674 --> 00:18:53,591
She has a right to see
the state of things.
398
00:18:53,812 --> 00:18:55,834
As you wish, my liege.
399
00:19:02,098 --> 00:19:04,542
Run her through where
the bodies are buried.
400
00:19:06,625 --> 00:19:07,667
[door closes]
401
00:19:08,614 --> 00:19:10,333
This column,
402
00:19:10,417 --> 00:19:12,250
this one, this one, and this one
403
00:19:12,333 --> 00:19:14,208
are the main holdings.
404
00:19:14,291 --> 00:19:16,041
There you have it.
405
00:19:16,125 --> 00:19:18,542
I see the balance
on the accounts.
406
00:19:18,625 --> 00:19:20,417
And what a soaring,
fat balance it is.
407
00:19:20,500 --> 00:19:22,041
We need to see the trade history
408
00:19:22,125 --> 00:19:24,333
leading up to the redemptions
and cash positions.
409
00:19:24,417 --> 00:19:25,434
Sure. Let me bring up
a different screen.
410
00:19:25,458 --> 00:19:27,375
Like Squanto should have
said to the pilgrims,
411
00:19:27,458 --> 00:19:30,291
- "Get the fuck out of here."
- Wags, come on.
412
00:19:30,375 --> 00:19:31,935
It's proprietary.
You're not seeing it.
413
00:19:31,959 --> 00:19:34,607
- This is bullshit, Wags.
- Lara, we're not having a fight.
414
00:19:34,708 --> 00:19:36,588
I'm telling you, you're
not gonna see that shit.
415
00:19:36,612 --> 00:19:37,875
As is often the case,
416
00:19:37,959 --> 00:19:39,679
the longer you can hold
off, the more likely
417
00:19:39,703 --> 00:19:41,507
you'll be screaming in
pleasure at the end.
418
00:19:41,533 --> 00:19:43,296
We're not making a porno, Orrin,
419
00:19:43,300 --> 00:19:45,909
though I appreciate the
effort to make me laugh.
420
00:19:45,944 --> 00:19:49,375
My father always said laughter
was the best medicine,
421
00:19:49,458 --> 00:19:51,166
which is why I was so confused
422
00:19:51,250 --> 00:19:53,875
when I finally tried
cocaine in the '80s.
423
00:19:53,959 --> 00:19:55,583
[scoffs]
424
00:19:55,667 --> 00:19:57,750
Okay. You lightened my mood.
425
00:19:57,834 --> 00:20:00,166
Now make me really happy
and tell me how we expose
426
00:20:00,250 --> 00:20:02,834
all the shit that Rhoades
pulled to suck me in.
427
00:20:02,917 --> 00:20:05,250
Easier said, Bobby, because
we can't introduce that
428
00:20:05,333 --> 00:20:08,250
without confirming your
actions as a response.
429
00:20:08,333 --> 00:20:10,550
We'd be virtually
admitting your role.
430
00:20:11,843 --> 00:20:14,041
What he did, it's
a fucking crime.
431
00:20:14,125 --> 00:20:17,000
Maybe. But it's not a defense.
432
00:20:17,083 --> 00:20:18,458
All right, get to the rest.
433
00:20:19,408 --> 00:20:21,708
Let's get our new head
of compliance up here.
434
00:20:22,626 --> 00:20:25,792
♪ Hey, Mr. Jim ♪
435
00:20:25,875 --> 00:20:29,291
♪ I can see the
shape you're in ♪
436
00:20:29,375 --> 00:20:33,208
♪ Thinking that you're
such a lady killer ♪
437
00:20:33,291 --> 00:20:36,500
♪ Think you're so slick ♪
438
00:20:36,583 --> 00:20:38,041
♪ Well, all right ♪
439
00:20:38,125 --> 00:20:39,917
♪ Ooh, ooh, ooh ♪
440
00:20:40,000 --> 00:20:43,458
♪ Ooh, ooh, ooh ♪
441
00:20:43,542 --> 00:20:47,208
♪ Ooh, ooh, ooh, ooh, ooh ♪
442
00:20:47,291 --> 00:20:48,834
The answer man is here.
443
00:20:48,917 --> 00:20:52,333
The charges carry a long
potential sentence.
444
00:20:52,417 --> 00:20:53,417
15 to 20 years
445
00:20:53,458 --> 00:20:57,000
and tens of millions
in fines, of course.
446
00:20:57,083 --> 00:20:59,542
They're using the locked-up
money to distract us
447
00:20:59,625 --> 00:21:02,208
as they meticulously
build their case.
448
00:21:02,291 --> 00:21:04,792
They are using the locked
money to do three things.
449
00:21:04,875 --> 00:21:06,166
One, to make me take a plea.
450
00:21:06,250 --> 00:21:08,583
Two, to make it hard for
my people so they'll quit.
451
00:21:08,667 --> 00:21:11,125
And, three, to spread the
word through implication
452
00:21:11,208 --> 00:21:13,854
that this is about more than
my actions against Ice Juice,
453
00:21:13,889 --> 00:21:15,667
that we are an
illegal enterprise.
454
00:21:15,750 --> 00:21:16,792
Turn on the telestrator,
455
00:21:16,875 --> 00:21:19,875
because you just diagrammed
the shit out of this.
456
00:21:22,375 --> 00:21:24,333
How long can they
really keep it frozen?
457
00:21:24,417 --> 00:21:25,417
Wrong question.
458
00:21:25,458 --> 00:21:27,718
This is where the
holding out comes in.
459
00:21:27,753 --> 00:21:29,458
Don't let anyone know you care.
460
00:21:29,542 --> 00:21:32,834
Mm, we'll find a way to
get you liquid again
461
00:21:32,917 --> 00:21:34,333
in four to six months.
462
00:21:34,417 --> 00:21:36,041
Months? Fuck that.
463
00:21:36,125 --> 00:21:38,166
There is one idea that might
get it done right away,
464
00:21:38,250 --> 00:21:41,375
but it's one you're
going to hate.
465
00:21:43,611 --> 00:21:46,170
Give up your so-called
license to trade.
466
00:21:46,205 --> 00:21:48,667
Walk away from the table.
Cash in your chips.
467
00:21:48,750 --> 00:21:52,083
They'd be forced to release
the bulk of your money.
468
00:21:52,166 --> 00:21:53,526
That is the only
angle that I see.
469
00:21:53,550 --> 00:21:56,959
And if it's the only
angle that I see,
470
00:21:57,041 --> 00:21:58,667
it's the only angle there is.
471
00:21:58,750 --> 00:22:01,141
You agree to stop
trading, you personally,
472
00:22:01,176 --> 00:22:03,166
and they give you
back your money.
473
00:22:03,250 --> 00:22:05,625
We would set something up
where Axe Cap trades it
474
00:22:05,709 --> 00:22:06,542
without your direction.
475
00:22:06,625 --> 00:22:09,250
It would function
like a blind trust,
476
00:22:09,333 --> 00:22:11,083
but the language would be such
477
00:22:11,166 --> 00:22:13,709
and they'd be releasing
so much money back to you
478
00:22:13,792 --> 00:22:15,000
that if you violated it...
479
00:22:15,083 --> 00:22:17,291
Oh, that is a bozo no-no.
480
00:22:17,375 --> 00:22:20,750
Do that and you would earn
yourself a lifetime ban...
481
00:22:20,834 --> 00:22:22,417
and more.
482
00:22:24,583 --> 00:22:26,542
No.
483
00:22:26,625 --> 00:22:27,655
No fuckin' way.
484
00:22:27,690 --> 00:22:29,020
I'll never do that.
485
00:22:29,055 --> 00:22:31,583
If I give up my ability
to trade, I'm agreeing
486
00:22:31,667 --> 00:22:33,707
that they're right and I
built all this by cheating.
487
00:22:36,417 --> 00:22:38,917
I might as well give up
my license to breathe.
488
00:22:39,000 --> 00:22:40,917
You guys have to work
it out yourselves.
489
00:22:41,000 --> 00:22:42,542
Do not put me in
the middle of it.
490
00:22:42,625 --> 00:22:43,625
What the fuck is...
491
00:22:45,267 --> 00:22:46,267
[sighs]
492
00:22:46,291 --> 00:22:47,666
What's the problem?
493
00:22:47,701 --> 00:22:49,583
Your lap dog is not cooperating.
494
00:22:49,667 --> 00:22:52,354
Wags, although Lara
should have faith,
495
00:22:52,389 --> 00:22:54,509
because I've shown I'm pretty
good at making a dollar,
496
00:22:54,533 --> 00:22:56,756
she has a right to choose
and make her own decisions,
497
00:22:56,791 --> 00:22:57,834
like I told you.
498
00:22:57,917 --> 00:22:58,837
I thought you were
telling me with a wink.
499
00:22:58,900 --> 00:23:00,218
That's why I played back
with the "liege" stuff.
500
00:23:00,241 --> 00:23:02,667
- Did I wink at you, ever?
- Not an actual wink, but...
501
00:23:02,750 --> 00:23:05,208
Are you planning on giving
him your money to manage?
502
00:23:05,291 --> 00:23:07,299
If it ever gets
unfrozen, I might.
503
00:23:07,375 --> 00:23:10,208
- Why?
- For general health, financial,
504
00:23:10,291 --> 00:23:11,500
and for things between us.
505
00:23:11,583 --> 00:23:13,500
Now that I'm able to
take outside money,
506
00:23:13,583 --> 00:23:15,303
I thought I'd start with
friends and family.
507
00:23:15,327 --> 00:23:16,750
We're neither.
508
00:23:16,834 --> 00:23:19,241
Listen, Lara, I won't
micromanage you.
509
00:23:20,162 --> 00:23:21,667
But if you really plan
510
00:23:21,750 --> 00:23:24,250
on giving billions of dollars
to this stock jockey,
511
00:23:24,333 --> 00:23:25,375
ask him this,
512
00:23:25,458 --> 00:23:28,834
how he's codified the behavioral
heuristics at his firm
513
00:23:28,917 --> 00:23:31,458
from stock selection
to position sizing
514
00:23:31,542 --> 00:23:33,959
to market timing to
risk management.
515
00:23:34,041 --> 00:23:34,750
He hasn't,
516
00:23:34,834 --> 00:23:38,041
because his
decision-flow process
517
00:23:38,125 --> 00:23:40,083
is Google, Exxon,
Proctor & Gamble,
518
00:23:40,166 --> 00:23:42,166
same as any old lady
in Kansas City,
519
00:23:42,250 --> 00:23:44,583
except she won't charge you
two and twenty for it.
520
00:23:44,667 --> 00:23:45,987
We are all in the
same game, Axe,
521
00:23:46,011 --> 00:23:48,750
protecting assets and
trying to find that edge.
522
00:23:48,834 --> 00:23:50,875
You have about as much
edge as Mister Rogers.
523
00:23:50,959 --> 00:23:51,959
Okay, guys!
524
00:23:52,000 --> 00:23:53,250
[scoffs]
525
00:23:53,333 --> 00:23:55,875
Okay, you go on
ahead, sweetheart.
526
00:23:55,959 --> 00:23:58,500
You look into everything
you want with Birch,
527
00:23:58,583 --> 00:24:01,333
and I will support
whatever you decide.
528
00:24:02,959 --> 00:24:03,959
Thank you, Bobby.
529
00:24:05,455 --> 00:24:06,726
You really want me to
let 'em into the books
530
00:24:06,750 --> 00:24:07,667
and see the trades?
531
00:24:07,750 --> 00:24:09,750
Lots of guys watch
Bruce Lee movies.
532
00:24:09,834 --> 00:24:11,625
Doesn't mean you can do karate.
533
00:24:15,208 --> 00:24:17,667
Boot up the screen.
534
00:24:20,458 --> 00:24:22,993
I still can't believe
he made that move.
535
00:24:23,028 --> 00:24:24,537
It was the smart thing to do.
536
00:24:24,572 --> 00:24:27,458
If I'd known what you were
doing, I would have never...
537
00:24:27,542 --> 00:24:28,667
Yes. No.
538
00:24:28,750 --> 00:24:30,792
I mean, if you'd known,
if you'd told me,
539
00:24:30,875 --> 00:24:32,000
if I'd known...
540
00:24:32,083 --> 00:24:34,667
It was a moment of peak. I'm
gonna stop and tell you?
541
00:24:34,750 --> 00:24:35,625
Wish you had.
542
00:24:35,709 --> 00:24:37,250
You were very convincing.
543
00:24:37,333 --> 00:24:40,041
But, in a way, it all had to
play itself out, didn't it?
544
00:24:40,125 --> 00:24:41,875
If I had known what
you were gonna do...
545
00:24:41,959 --> 00:24:44,208
- You'd have tried to stop me.
- Yes, I would have,
546
00:24:44,291 --> 00:24:45,583
and I might have succeeded.
547
00:24:45,667 --> 00:24:48,375
Well, that would have
been better in one way...
548
00:24:48,458 --> 00:24:50,458
but worse in all the others...
549
00:24:50,542 --> 00:24:55,208
because now we are home,
and we are a "we" again.
550
00:24:55,291 --> 00:24:56,875
And if I hadn't
have done a thing,
551
00:24:56,959 --> 00:24:57,709
who knows how I'd have felt,
552
00:24:57,792 --> 00:24:59,909
what resentments
might have festered?
553
00:24:59,944 --> 00:25:02,917
But you did and I did, and
there is nothing festering.
554
00:25:04,911 --> 00:25:07,458
Except for the thing I'm
off to deal with now.
555
00:25:07,542 --> 00:25:08,824
Yeah.
556
00:25:08,859 --> 00:25:09,859
Except that.
557
00:25:14,667 --> 00:25:16,500
Thank you.
558
00:25:18,166 --> 00:25:20,917
Your wife, she still
down in D.C.?
559
00:25:21,000 --> 00:25:22,417
Yes, outside.
560
00:25:22,500 --> 00:25:23,667
You must miss her.
561
00:25:23,750 --> 00:25:26,079
We talk every day, and the
train ride is only...
562
00:25:26,175 --> 00:25:31,041
Sure it is. But the problem is
that the free flow of information,
563
00:25:31,125 --> 00:25:35,083
the casual details of
the day, can get lost.
564
00:25:35,166 --> 00:25:36,486
You know, for a
time, even though
565
00:25:36,510 --> 00:25:39,750
we did reside in the same house,
my wife and I lived that way.
566
00:25:39,834 --> 00:25:42,583
You're telling me that you and
your wife have no secrets?
567
00:25:42,667 --> 00:25:44,817
Oh [chuckles] I'm certain
some are still lurking.
568
00:25:44,852 --> 00:25:47,750
We all mask certain emotions,
569
00:25:47,834 --> 00:25:50,125
often our most intense ones,
570
00:25:50,208 --> 00:25:51,750
like Bjorn Borg did.
571
00:25:51,785 --> 00:25:53,172
But like Borg,
572
00:25:53,207 --> 00:25:55,431
eventually, it'll end up
costing you everything,
573
00:25:55,517 --> 00:25:58,625
so we're digging in, right?
574
00:25:58,709 --> 00:26:00,221
- Digging in.
- Ah.
575
00:26:00,256 --> 00:26:02,792
She told you about her
short on Ice Juice.
576
00:26:02,875 --> 00:26:04,458
That's the kind of bond we have.
577
00:26:04,542 --> 00:26:05,792
So you are here to tell me
578
00:26:05,875 --> 00:26:07,792
she will turn state's evidence
579
00:26:07,875 --> 00:26:09,667
to avoid being the
subject of prosecution?
580
00:26:09,750 --> 00:26:12,875
She is a co-conspirator
in Axe's scheme.
581
00:26:12,959 --> 00:26:14,083
No, sir.
582
00:26:14,166 --> 00:26:17,583
She's safe due to the terms
of the deal you and I struck.
583
00:26:17,667 --> 00:26:20,166
That was about your father.
584
00:26:20,250 --> 00:26:23,041
I said me and my family.
585
00:26:23,125 --> 00:26:24,709
And you assented.
586
00:26:24,792 --> 00:26:28,583
And now you will say this
is unduly burdensome,
587
00:26:28,667 --> 00:26:31,375
which will force me to
say that it is less so
588
00:26:31,458 --> 00:26:33,378
than remaining a glorified
Internal Affairs grunt
589
00:26:33,402 --> 00:26:39,000
working out a dank office on the
fringes of our capital city.
590
00:26:39,083 --> 00:26:40,000
And, as you saw,
591
00:26:40,083 --> 00:26:42,434
Jock Jeffcoat is taking
my counsel these days
592
00:26:42,469 --> 00:26:45,041
on who should be in and
who should be out.
593
00:26:45,125 --> 00:26:47,250
There's only so much compromise
594
00:26:47,333 --> 00:26:49,166
of my own system of morality
595
00:26:49,250 --> 00:26:51,291
that I can swallow.
596
00:26:51,375 --> 00:26:55,500
I happen to know
you're a Calvinist.
597
00:26:55,583 --> 00:26:59,271
You believe we're all fallen
beyond any hope for redemption.
598
00:26:59,375 --> 00:27:02,500
So answer me this.
599
00:27:02,583 --> 00:27:06,417
What's one more demerit for
a friend allied with you
600
00:27:06,500 --> 00:27:08,250
against a common foe?
601
00:27:08,333 --> 00:27:12,083
Ecumenically, that's not exactly
right, and it's borderline offensive.
602
00:27:12,166 --> 00:27:14,083
But, also, it's...
603
00:27:14,166 --> 00:27:17,375
pretty much true.
604
00:27:17,458 --> 00:27:23,500
Okay. I'll do all I can to
keep your wife out of it,
605
00:27:23,583 --> 00:27:25,125
but now you owe me.
606
00:27:25,208 --> 00:27:26,375
Name it.
607
00:27:27,353 --> 00:27:28,375
I'll hold it in reserve.
608
00:27:29,204 --> 00:27:31,542
A favor to be named later.
609
00:27:32,993 --> 00:27:35,208
Look at you, huh?
610
00:27:35,291 --> 00:27:37,959
Muckin' in.
611
00:27:38,041 --> 00:27:39,458
Done.
612
00:27:39,542 --> 00:27:41,542
This is all on background,
no attribution.
613
00:27:41,625 --> 00:27:43,750
[Randy] Yep, until you
want to go on record.
614
00:27:43,834 --> 00:27:46,593
Good. You know, if they
were gonna charge the firm,
615
00:27:46,628 --> 00:27:47,500
they would have.
616
00:27:47,583 --> 00:27:49,875
Well, isn't their argument
that this one instance
617
00:27:49,959 --> 00:27:52,625
could be the tip of the
iceberg, that they need to go
618
00:27:52,709 --> 00:27:55,417
through all the old trades
to see if there's a pattern?
619
00:27:55,500 --> 00:27:58,417
But that could take months.
It's harassment, Randy.
620
00:27:58,500 --> 00:28:00,980
They've already spent years going
through all those old trades,
621
00:28:01,004 --> 00:28:03,104
trying to make a case,
and they've failed.
622
00:28:03,200 --> 00:28:05,824
Now they've come up with this
story about me and sabotage,
623
00:28:05,909 --> 00:28:07,459
which you will see is false.
624
00:28:07,491 --> 00:28:09,959
Look, I shorted that company
625
00:28:10,041 --> 00:28:12,583
'cause I saw a faulty
process and bad financials,
626
00:28:12,667 --> 00:28:15,458
and I'm being penalized because
the markets agreed with me.
627
00:28:15,542 --> 00:28:16,542
I was set up.
628
00:28:16,583 --> 00:28:18,792
Now, soon you'll have
all these details,
629
00:28:18,875 --> 00:28:20,818
but what they are
doing right now
630
00:28:20,853 --> 00:28:23,625
is they're trying to ruin
not only my reputation
631
00:28:23,709 --> 00:28:26,250
but that of everyone who
works at Axe Capital,
632
00:28:26,333 --> 00:28:29,792
and that is the story you
should be digging into.
633
00:28:30,665 --> 00:28:31,695
Hi.
634
00:28:32,182 --> 00:28:33,258
Want dinner?
635
00:28:33,922 --> 00:28:35,375
Do we need to do that?
636
00:28:42,166 --> 00:28:43,542
Hey.
637
00:28:43,625 --> 00:28:46,166
On Axelrod, I could use to
see the transaction records
638
00:28:46,250 --> 00:28:48,250
of all the people who
bought or sold stock
639
00:28:48,333 --> 00:28:50,522
in the Ice Juice IPO, the
victims in this thing.
640
00:28:50,557 --> 00:28:52,747
You mean besides the
people who were poisoned?
641
00:28:52,782 --> 00:28:55,375
Yeah, they were about the
only ones who got paid.
642
00:28:55,458 --> 00:28:57,698
S.E.C. said you were holding
the records for some reason.
643
00:28:57,722 --> 00:29:00,560
I've got forensic financial analysts
combing through all that now.
644
00:29:00,642 --> 00:29:04,375
I didn't want you to, uh,
bog down in those details.
645
00:29:04,458 --> 00:29:07,115
I like knowing the
minutiae in my cases.
646
00:29:07,150 --> 00:29:09,750
Good, as I would expect you to.
647
00:29:09,834 --> 00:29:11,154
I'll get the results
to you ASAP.
648
00:29:11,178 --> 00:29:12,828
- Great.
- Okay.
649
00:29:13,964 --> 00:29:15,204
You know, I was just wondering,
650
00:29:15,228 --> 00:29:17,667
who'd you get the initial tip
from that started all this?
651
00:29:17,750 --> 00:29:19,273
I should interview him or her.
652
00:29:19,936 --> 00:29:22,625
I understand why you're asking,
653
00:29:22,709 --> 00:29:25,000
but my tipster is not exactly.
654
00:29:25,083 --> 00:29:27,667
Blue Horseshoe loves
Anacott Steel.
655
00:29:27,750 --> 00:29:28,667
Just a foot soldier.
656
00:29:28,750 --> 00:29:30,792
It was enough info
to get the FBI going
657
00:29:30,875 --> 00:29:32,001
but not a firsthand witness.
658
00:29:32,025 --> 00:29:35,667
If there were material value,
I would share the name.
659
00:29:35,750 --> 00:29:37,750
Of course. I know you would.
660
00:29:39,500 --> 00:29:43,083
I am glad that I asked
Chuck to send you to me.
661
00:29:43,166 --> 00:29:44,792
I need your expertise.
662
00:29:44,875 --> 00:29:46,834
Glad to be here, boss.
663
00:29:46,917 --> 00:29:49,667
Ugh. Don't call me
"boss." We're peers.
664
00:29:49,750 --> 00:29:52,311
In a hierarchy, yes,
but colleagues.
665
00:29:52,346 --> 00:29:54,250
Call me "Oliver."
666
00:29:54,333 --> 00:29:55,722
You got it.
667
00:29:58,865 --> 00:30:01,375
Never trust an officer who
doesn't ask you to salute.
668
00:30:01,458 --> 00:30:03,343
It means that what he
does demand of you
669
00:30:03,378 --> 00:30:05,834
- is gonna be a lot worse.
- Dake.
670
00:30:05,917 --> 00:30:07,000
All of it.
671
00:30:07,083 --> 00:30:09,750
You know, you're
in law school now.
672
00:30:09,834 --> 00:30:11,875
How does this fact
pattern smell to you?
673
00:30:11,959 --> 00:30:13,959
I get transferred to
prosecute Axelrod,
674
00:30:14,041 --> 00:30:15,875
but then he puts a
blindfold on me.
675
00:30:15,959 --> 00:30:18,526
I can't access certain documents
or know who the tipster is?
676
00:30:18,650 --> 00:30:22,458
Well, there's nothing to be
done about it now, so...
677
00:30:22,542 --> 00:30:24,583
drinks?
678
00:30:27,458 --> 00:30:31,333
[sighs]
679
00:30:37,532 --> 00:30:38,959
Again?
680
00:30:39,041 --> 00:30:40,542
Hmm.
681
00:30:40,625 --> 00:30:42,458
Have you tried blinking
rapidly 100 times?
682
00:30:42,542 --> 00:30:44,333
Yeah, I've tried it all.
683
00:30:44,417 --> 00:30:46,041
[sighs]
684
00:30:52,500 --> 00:30:54,667
We shouldn't have
stopped seeing her.
685
00:30:54,750 --> 00:30:57,875
When you leave things unresolved,
this is what happens.
686
00:30:57,959 --> 00:31:02,417
Mm. Maybe you're right.
687
00:31:02,500 --> 00:31:05,417
Let's make an appointment.
688
00:31:16,583 --> 00:31:18,542
I'm taking a walk.
689
00:31:18,625 --> 00:31:21,458
♪ I walked the town at night ♪
690
00:31:21,542 --> 00:31:23,667
♪ Like a spade ♪
691
00:31:23,750 --> 00:31:26,310
- [Chuck] Chocolate egg cream, please.
- [Woman] Coming right up.
692
00:31:26,334 --> 00:31:30,542
♪ I walked the night ♪
693
00:31:30,625 --> 00:31:33,542
I thought I'd find you here.
694
00:31:33,625 --> 00:31:35,208
What do you want?
695
00:31:35,291 --> 00:31:39,333
I became single-minded
to the point of myopia.
696
00:31:39,417 --> 00:31:42,959
I know that I have
transgressed materially
697
00:31:43,041 --> 00:31:45,625
but, more importantly,
in terms of loyalty.
698
00:31:45,709 --> 00:31:48,709
I will devote myself to the
long and arduous process
699
00:31:48,792 --> 00:31:50,583
of making up for the latter.
700
00:31:50,667 --> 00:31:54,083
As to the former, I
have an offer for you.
701
00:31:56,041 --> 00:31:59,834
I have lined up a seat for you on the
Theakston-Manley asbestos trust,
702
00:31:59,917 --> 00:32:01,375
rubber-stamping claims.
703
00:32:01,458 --> 00:32:02,792
One meeting per quarter.
704
00:32:02,875 --> 00:32:05,834
Your fee, 350K a year.
705
00:32:05,917 --> 00:32:08,286
Now, that'll lead to
more similar seats
706
00:32:08,321 --> 00:32:09,917
once you impress people.
707
00:32:10,000 --> 00:32:11,834
You put together three
of these babies,
708
00:32:11,917 --> 00:32:13,333
that's a nice little sinecure.
709
00:32:13,417 --> 00:32:15,667
Well, I was on my way
to being a zillionaire,
710
00:32:15,750 --> 00:32:17,166
and you're giving me a sinecure.
711
00:32:19,709 --> 00:32:23,208
I understand the rancor, Ira.
I don't begrudge you it.
712
00:32:23,291 --> 00:32:26,959
And I hesitate to bring up
what I know you already know,
713
00:32:27,041 --> 00:32:29,667
but I want to hear it from you
now that the smoke has cleared
714
00:32:29,750 --> 00:32:32,772
that you will not say a word
about my role in the IPO.
715
00:32:32,807 --> 00:32:36,500
You know that it's in your
best interest as well as mine,
716
00:32:36,583 --> 00:32:39,834
because that's how you'll get
paid off in your civil case.
717
00:32:39,917 --> 00:32:42,709
Well, I've been punting
my interview with Eastern
718
00:32:42,792 --> 00:32:44,917
as long as I can. It'll
go on the books soon.
719
00:32:46,277 --> 00:32:48,417
But, no, Chuck, I
won't say a word.
720
00:32:54,583 --> 00:32:57,875
[chuckles]
721
00:32:59,269 --> 00:33:03,125
Funny thing, the egg cream, hmm?
722
00:33:03,208 --> 00:33:05,375
No egg in it, no cream, either.
723
00:33:05,458 --> 00:33:07,667
Just chocolate syrup,
724
00:33:07,750 --> 00:33:10,291
a splash of milk, seltzer.
725
00:33:11,153 --> 00:33:14,041
I guess the French had a drink
called chocolat et crème.
726
00:33:14,125 --> 00:33:16,750
The American corruption for
that became "egg cream."
727
00:33:16,834 --> 00:33:17,834
[chuckles]
728
00:33:18,495 --> 00:33:20,583
Wonderful arcana. That's...
729
00:33:21,425 --> 00:33:22,708
That's so Chuck of you.
730
00:33:22,743 --> 00:33:24,834
God, I used to love that shit.
731
00:33:24,917 --> 00:33:27,291
Go home and write
it in my journal.
732
00:33:28,461 --> 00:33:33,375
Now that the smoke has cleared,
you need to hear something.
733
00:33:33,458 --> 00:33:34,792
I've realized...
734
00:33:34,875 --> 00:33:37,875
that you need all this,
735
00:33:39,395 --> 00:33:41,959
to put people in
impossible positions,
736
00:33:42,041 --> 00:33:44,250
to dominate with your will,
737
00:33:44,285 --> 00:33:46,417
to torture.
738
00:33:46,500 --> 00:33:47,667
I never think in those terms.
739
00:33:47,750 --> 00:33:49,875
Well, you've forced me to.
740
00:33:49,959 --> 00:33:51,375
Let's talk it out.
741
00:33:51,458 --> 00:33:53,375
No, this is it.
742
00:33:53,458 --> 00:33:58,750
I'll never talk to you again
once this conversation's over,
743
00:33:58,834 --> 00:34:02,166
which it is.
744
00:34:09,458 --> 00:34:11,333
[sighs]
745
00:34:15,625 --> 00:34:20,834
[slurping]
746
00:34:38,108 --> 00:34:39,333
You coming in, nagusi?
747
00:34:39,417 --> 00:34:41,875
Nope. Case. All day.
748
00:34:41,959 --> 00:34:44,250
Something hot for Axe. An
iron condor with four...
749
00:34:44,333 --> 00:34:46,333
- Please. Go back to B school.
- Anything good yet?
750
00:34:46,357 --> 00:34:48,583
[Ben] How about a strangle
where we arb the vega on...
751
00:34:48,667 --> 00:34:50,125
You go back to fucking yourself.
752
00:34:50,208 --> 00:34:51,959
I just need two
minutes with Taylor.
753
00:34:52,041 --> 00:34:53,375
Everyone does. You have to wait.
754
00:34:53,458 --> 00:34:55,618
- Hey, Wags, listen...
- Don't want to fucking hear it.
755
00:34:55,642 --> 00:34:56,959
Nope. As soon as.
756
00:34:57,041 --> 00:34:59,959
Yeah, well, be all over Taylor
till they figure it out.
757
00:35:00,041 --> 00:35:02,875
- If I flame this dinner...
- No chance, sahabi.
758
00:35:02,959 --> 00:35:04,500
Never let it happen.
759
00:35:04,583 --> 00:35:06,917
Orrin, time for you to
go see your protégé.
760
00:35:07,000 --> 00:35:08,667
You want me to propose the deal?
761
00:35:08,750 --> 00:35:11,333
I want you to remind him what
happens to guys like him
762
00:35:11,417 --> 00:35:13,017
when they take this
big a swing and miss.
763
00:35:13,041 --> 00:35:16,144
I want you to remind him that the
political winds have shifted.
764
00:35:16,217 --> 00:35:18,844
It's better if I show up
with something to offer.
765
00:35:18,879 --> 00:35:22,625
Then bring him a glass of
fuckin' milk, but go do it.
766
00:35:22,709 --> 00:35:25,583
[Pounding]
767
00:35:30,166 --> 00:35:31,875
Field trip. Come on.
768
00:35:31,959 --> 00:35:33,208
Where?
769
00:35:33,291 --> 00:35:35,709
Somewhere we can talk without
everyone coming at us.
770
00:35:35,792 --> 00:35:37,417
I know a place.
771
00:35:47,125 --> 00:35:48,875
Ever seen Eastern Promises?
772
00:35:48,959 --> 00:35:52,542
No. Have you ever been to
one of these idea dinners?
773
00:35:52,625 --> 00:35:55,000
No seconds in attendance.
774
00:35:59,125 --> 00:36:01,542
Ugh.
775
00:36:04,697 --> 00:36:06,625
Where are we on an idea?
776
00:36:06,709 --> 00:36:09,792
Haven't fully cracked
the big one yet.
777
00:36:09,875 --> 00:36:11,417
Trying.
778
00:36:11,500 --> 00:36:12,542
Are you?
779
00:36:12,625 --> 00:36:13,625
Trying?
780
00:36:16,301 --> 00:36:18,417
Ask the real question.
781
00:36:18,500 --> 00:36:21,458
Are you shopping
offers on the street?
782
00:36:24,000 --> 00:36:25,500
Just to get it out of the way,
783
00:36:25,583 --> 00:36:28,324
let me apologize for anything
that might have offended
784
00:36:28,434 --> 00:36:30,417
at the poker tournament.
Now that I'm at Treasury,
785
00:36:30,500 --> 00:36:33,959
I need to find someone
to steward my firm.
786
00:36:34,041 --> 00:36:37,041
I'm already stewarding
a firm, a bigger one.
787
00:36:37,125 --> 00:36:40,942
- Not that size matters.
- Right.
788
00:36:41,977 --> 00:36:45,917
Whatever Axe's flaws, one
thing he knows is people,
789
00:36:46,000 --> 00:36:48,417
and if he believes
you can do it well,
790
00:36:48,500 --> 00:36:49,667
I believe you can.
791
00:36:49,750 --> 00:36:51,834
And I'd actually be hands off.
792
00:36:51,917 --> 00:36:53,959
Let you operate as you saw fit.
793
00:36:54,041 --> 00:36:55,583
That's my situation now.
794
00:36:55,667 --> 00:36:58,500
Is it?
795
00:37:02,709 --> 00:37:04,208
I said no.
796
00:37:04,291 --> 00:37:05,709
With finality
797
00:37:05,792 --> 00:37:08,041
or as a negotiating ploy?
798
00:37:08,125 --> 00:37:10,917
Look, I know it's Axe's faith
that confers value on me
799
00:37:11,000 --> 00:37:12,750
until I have a track
record of my own,
800
00:37:12,834 --> 00:37:15,291
until others actually
see what I can do.
801
00:37:15,375 --> 00:37:16,792
So I am loyal to him.
802
00:37:16,875 --> 00:37:19,709
Until and unless it becomes
necessary, I will not leave.
803
00:37:20,748 --> 00:37:21,748
All right.
804
00:37:21,772 --> 00:37:23,458
You can take the heat.
I believe you.
805
00:37:30,458 --> 00:37:32,792
Such disrespect.
806
00:37:32,875 --> 00:37:35,500
Look at you, sitting
here with your tits out.
807
00:37:38,333 --> 00:37:41,166
You got a problem with my tits?
808
00:37:42,759 --> 00:37:45,625
Or maybe they're turning you on
809
00:37:45,709 --> 00:37:47,625
and that's the problem.
810
00:37:51,291 --> 00:37:53,875
You know, I could have
done that for myself.
811
00:37:53,959 --> 00:37:56,208
I know. I wanted the release.
812
00:37:56,291 --> 00:37:59,625
It was even better
than a hand job.
813
00:38:01,013 --> 00:38:03,208
You chose to meet
here in the anteroom
814
00:38:03,291 --> 00:38:05,000
instead of the dining room.
815
00:38:05,083 --> 00:38:07,500
I seem to have lost
my appetite lately.
816
00:38:07,583 --> 00:38:10,583
- Hmm.
- And, no, it's not my health.
817
00:38:10,667 --> 00:38:11,667
Full workup.
818
00:38:11,750 --> 00:38:14,709
Radiology fine,
bloodwork perfect.
819
00:38:14,792 --> 00:38:15,792
Heart, too.
820
00:38:15,875 --> 00:38:18,041
Still, nothing wants
to stay down.
821
00:38:18,125 --> 00:38:20,583
So, what's got your
duodenum inside out?
822
00:38:20,667 --> 00:38:21,667
Want a hint?
823
00:38:21,750 --> 00:38:23,283
His name is the same as mine.
824
00:38:23,391 --> 00:38:27,291
Oh, that boy is a feisty one,
there's no denying that.
825
00:38:27,375 --> 00:38:31,417
What he is is unfit for
office, unfit to run, even.
826
00:38:31,500 --> 00:38:34,125
I came here to tell
you that I am sorry
827
00:38:34,208 --> 00:38:36,583
I asked you to put him forward.
828
00:38:36,667 --> 00:38:37,875
It was a mistake.
829
00:38:37,959 --> 00:38:41,583
And I will throw my full
weight behind whomever it is
830
00:38:41,667 --> 00:38:42,500
that you say I should.
831
00:38:42,583 --> 00:38:46,208
- Well, that's disheartening.
- It is.
832
00:38:46,291 --> 00:38:48,667
I hate delivering the
message, but I owe it to you.
833
00:38:48,750 --> 00:38:49,959
The candidate's too volatile.
834
00:38:50,041 --> 00:38:51,166
He's unpredictable,
835
00:38:51,250 --> 00:38:53,667
a liability to all of us.
836
00:38:53,750 --> 00:38:54,917
Oh, Charles.
837
00:38:55,000 --> 00:38:57,834
For a father to speak
that way of his own son.
838
00:38:57,917 --> 00:38:59,397
I myself will pass
up supper tonight.
839
00:38:59,421 --> 00:39:02,625
That's how disappointing
I find this.
840
00:39:02,709 --> 00:39:04,417
So you understand?
841
00:39:04,500 --> 00:39:08,125
Not in the way you hope I might.
842
00:39:08,208 --> 00:39:11,417
I have had this
in my possession,
843
00:39:11,500 --> 00:39:14,083
hoping not to be
forced to use it.
844
00:39:14,166 --> 00:39:17,291
But I cannot stand by
845
00:39:17,375 --> 00:39:20,083
and watch you run
that young man down.
846
00:39:20,166 --> 00:39:22,208
You used his money, Charles,
847
00:39:22,291 --> 00:39:24,542
without his consent,
I might add,
848
00:39:24,625 --> 00:39:26,709
to invest in something so risky
849
00:39:26,792 --> 00:39:29,357
as to almost be the
ruin of both of you.
850
00:39:29,392 --> 00:39:33,041
Now, I believe Chuck
will not only survive it
851
00:39:33,125 --> 00:39:36,083
but that the ruthlessness he has
shown these past few months
852
00:39:36,166 --> 00:39:39,291
will serve him well on
our shared mission,
853
00:39:39,375 --> 00:39:42,709
making him governor
of this great state.
854
00:39:42,792 --> 00:39:45,166
I'd like you to embrace it.
855
00:39:45,250 --> 00:39:47,959
But you at least
have to accept it.
856
00:39:48,041 --> 00:39:49,959
Hmm.
857
00:39:50,041 --> 00:39:53,792
I accept nothing when
it comes to that boy.
858
00:39:54,795 --> 00:39:56,346
We'll see.
859
00:40:04,571 --> 00:40:06,164
Hello, Dad.
860
00:40:08,728 --> 00:40:11,750
[Jack] Ah, let's all get
our appetites back, hmm?
861
00:40:11,834 --> 00:40:14,500
Together. What do
you say, Charles?
862
00:40:15,612 --> 00:40:18,291
This is a bridge too
far, Black Jack.
863
00:40:18,375 --> 00:40:20,125
This is a bridge
864
00:40:20,208 --> 00:40:22,667
too fucking far.
865
00:40:26,083 --> 00:40:27,917
[scoffs]
866
00:40:29,086 --> 00:40:31,375
Ah, he'll come 'round.
867
00:40:31,458 --> 00:40:35,417
I've seen this play
a thousand times.
868
00:40:36,638 --> 00:40:38,542
By the time the
curtain comes down,
869
00:40:38,625 --> 00:40:42,000
he'll take your hand, and
you'll share the bow.
870
00:40:43,318 --> 00:40:44,318
I don't know.
871
00:40:44,342 --> 00:40:49,000
Well, what's meant to
happen always does.
872
00:40:49,083 --> 00:40:51,000
Let's eat. I'm fuckin' famished.
873
00:40:51,083 --> 00:40:54,000
[balls clacking]
874
00:41:06,041 --> 00:41:09,834
[grunts]
875
00:41:09,917 --> 00:41:12,834
[speaks indistinctly]
876
00:41:17,588 --> 00:41:20,542
That's some serious
fucking topspin.
877
00:41:20,625 --> 00:41:21,542
You putting sneakers
on for a match,
878
00:41:21,625 --> 00:41:25,208
or you come up here with
a specific proposal?
879
00:41:25,812 --> 00:41:27,488
Axe'll wait you out,
880
00:41:27,523 --> 00:41:30,959
no matter how long you manage
to keep the money frozen.
881
00:41:31,041 --> 00:41:32,709
He won't make a deal.
882
00:41:32,792 --> 00:41:34,333
We'll find out, huh?
883
00:41:34,417 --> 00:41:36,792
What's it going to be, Bryan?
884
00:41:36,875 --> 00:41:37,959
Pistols at dawn?
885
00:41:38,041 --> 00:41:40,083
Fists?
886
00:41:40,166 --> 00:41:42,625
You insist on picking
through every transaction,
887
00:41:42,709 --> 00:41:44,542
he'll embarrass you.
888
00:41:44,625 --> 00:41:45,709
Embarrassment is free.
889
00:41:45,792 --> 00:41:47,577
We'll cost your client a fortune
890
00:41:47,612 --> 00:41:49,917
keeping his money out of
play for half a year,
891
00:41:50,000 --> 00:41:51,208
maybe his whole fortune.
892
00:41:51,291 --> 00:41:53,125
You can't even count that high.
893
00:41:53,208 --> 00:41:54,375
It doesn't matter.
894
00:41:54,458 --> 00:41:56,583
The case has no support in D.C.
895
00:41:56,667 --> 00:41:59,083
It used to, but all
that's changed.
896
00:41:59,166 --> 00:42:01,458
This is exactly the
type of matter
897
00:42:01,542 --> 00:42:04,041
the A.G. is walking
away from these days.
898
00:42:05,187 --> 00:42:06,208
No. No.
899
00:42:06,291 --> 00:42:08,083
He's walking away
from insider trading,
900
00:42:08,166 --> 00:42:09,875
funny accounting,
all sorts of shit,
901
00:42:09,959 --> 00:42:10,834
but the reason he can
902
00:42:10,917 --> 00:42:13,027
is because a case like
this gives him cover.
903
00:42:13,062 --> 00:42:17,417
People care about it on a visceral
level because it's about sabotage,
904
00:42:17,500 --> 00:42:20,542
breaking the public trust,
hurting the average guy twice,
905
00:42:20,625 --> 00:42:21,959
once with the tainted juice,
906
00:42:22,041 --> 00:42:24,000
and a second time with
the stock pricing.
907
00:42:24,083 --> 00:42:27,083
How's that for serious
fucking topspin?
908
00:42:27,166 --> 00:42:31,375
You want us to ease off, you have
to give something in return.
909
00:42:31,458 --> 00:42:34,667
I understand your position,
910
00:42:34,750 --> 00:42:39,166
and at this time, I don't
have anything to offer.
911
00:42:40,461 --> 00:42:46,458
Then maybe wait until you do
before wasting my fucking time.
912
00:42:49,166 --> 00:42:50,583
[knock on door]
913
00:42:50,667 --> 00:42:52,959
Bach almost offered up
Axe's ability to trade.
914
00:42:53,041 --> 00:42:54,291
I felt it.
915
00:42:54,375 --> 00:42:58,208
Either he wasn't authorized,
or he sensed weakness.
916
00:42:58,291 --> 00:42:59,959
Did you show weakness?
917
00:43:00,041 --> 00:43:01,333
I did not.
918
00:43:01,417 --> 00:43:04,041
You have some scouting report
on me saying that I did?
919
00:43:04,125 --> 00:43:05,220
It was just a question.
920
00:43:05,255 --> 00:43:07,417
A better question is
921
00:43:07,500 --> 00:43:09,212
which is Axelrod
going to bet on,
922
00:43:09,247 --> 00:43:11,500
his present or his future?
923
00:43:11,583 --> 00:43:13,526
A man who believes
he'll win at trial
924
00:43:13,608 --> 00:43:15,291
sits calmly on the
sidelines for six months
925
00:43:15,375 --> 00:43:17,031
until his money is unfrozen,
926
00:43:17,050 --> 00:43:20,166
and then he prevails in
court, goes on with his life.
927
00:43:20,250 --> 00:43:23,000
But a man who thinks he's
going to lose that trial?
928
00:43:23,083 --> 00:43:26,625
Well, he's desperate to get his money
back in the game as soon as possible
929
00:43:26,709 --> 00:43:29,458
because he sees it
all going away.
930
00:43:29,542 --> 00:43:31,667
Him giving up trading
931
00:43:31,750 --> 00:43:34,250
would necessitate a
reinvention of who he is.
932
00:43:34,333 --> 00:43:38,083
I've seen him walk away from
the table on an impulse
933
00:43:38,166 --> 00:43:41,667
when we were certain that only a
deal would keep him out of prison.
934
00:43:41,750 --> 00:43:44,000
No one gets where he got
by acting only on impulse.
935
00:43:44,083 --> 00:43:47,792
When it comes to billionaires and
Bobby Axelrod in particular,
936
00:43:47,875 --> 00:43:50,250
the thing you got
to understand is...
937
00:43:50,333 --> 00:43:51,542
they're meat-eaters.
938
00:43:51,625 --> 00:43:55,583
The only win they can live with
is total, present and future.
939
00:43:55,667 --> 00:43:58,150
If he gave up trading
and got his money back,
940
00:43:58,185 --> 00:44:03,208
it'd be because he believed he was
gonna kick our asses at trial.
941
00:44:03,291 --> 00:44:06,667
He expects to get all
of it, everything.
942
00:44:06,750 --> 00:44:08,291
That's who he is.
943
00:44:08,375 --> 00:44:11,011
But still, we keep
the pressure on.
944
00:44:11,046 --> 00:44:14,834
See if he makes a mistake now
that it's all on the line.
945
00:44:14,917 --> 00:44:16,542
And then, no matter
what he does,
946
00:44:16,625 --> 00:44:21,625
we have to position
ourselves to claim victory.
947
00:44:30,291 --> 00:44:31,875
Here, boy. [Clicks tongue]
948
00:44:35,208 --> 00:44:37,000
Okay, break it down for me.
949
00:44:37,083 --> 00:44:39,875
We are the Czechoslovakian
gymnastics team in the '70s.
950
00:44:39,959 --> 00:44:42,083
A lot of pride for
what this country was,
951
00:44:42,166 --> 00:44:44,526
but if something doesn't change
soon, defections are coming.
952
00:44:46,262 --> 00:44:47,667
How'd Taylor do?
953
00:44:47,750 --> 00:44:49,083
Fine.
954
00:44:49,166 --> 00:44:53,226
- I'm not asking you to rat.
- I mean, you are.
955
00:44:53,261 --> 00:44:55,221
Well, I won't tell anyone
it came from you, but...
956
00:44:55,245 --> 00:44:57,412
It was a shit show.
957
00:44:58,226 --> 00:44:59,226
[beep]
958
00:44:59,250 --> 00:45:00,792
Yeah. Get me Taylor,
Wags, and Wendy.
959
00:45:04,166 --> 00:45:06,875
Why the fuck did you lead the
first morning meeting back
960
00:45:06,959 --> 00:45:09,064
without Wendy there
to handle the troops?
961
00:45:09,099 --> 00:45:11,499
- Taylor handled it, as well...
- I'm talking to both of you,
962
00:45:11,523 --> 00:45:14,125
and from what "Dollar Bill"
tells me, it was a shit show.
963
00:45:14,208 --> 00:45:16,458
- Hey, you ratted.
- I pay for the information.
964
00:45:16,542 --> 00:45:18,291
It's mine to use.
That's how it goes.
965
00:45:21,206 --> 00:45:23,917
Wendy wasn't here. She
was with you, I gather.
966
00:45:24,000 --> 00:45:25,930
We needed ideas. We needed
to come together...
967
00:45:25,965 --> 00:45:27,834
So you made a bad thing
worse by jumping in
968
00:45:27,917 --> 00:45:29,709
- before you had a plan, and...
- No, Axe.
969
00:45:29,792 --> 00:45:31,318
It wouldn't have mattered
who was in the room
970
00:45:31,342 --> 00:45:32,502
with the PMs and the traders.
971
00:45:32,529 --> 00:45:33,298
It was always gonna
be a shit show
972
00:45:33,392 --> 00:45:35,072
if the message wasn't
"We're liquid again."
973
00:45:35,096 --> 00:45:37,250
- Hallelujah.
- Don't be an ass.
974
00:45:37,333 --> 00:45:38,500
You're right.
975
00:45:38,583 --> 00:45:40,667
I meant Axe, but you, too, Bill.
976
00:45:40,750 --> 00:45:42,230
Will you leave us
alone for a minute?
977
00:45:47,096 --> 00:45:48,959
Whoever you're trying
to destroy, stop.
978
00:45:49,041 --> 00:45:51,709
You need to focus on
fighting for your freedom.
979
00:45:51,792 --> 00:45:54,709
You know what you're
suggesting I do.
980
00:45:54,792 --> 00:45:57,208
The one thing you
can do right now.
981
00:45:57,291 --> 00:46:00,702
You taught me an average trader
makes a trade and feels good.
982
00:46:00,737 --> 00:46:02,577
A great trader makes a
trade and feels nothing,
983
00:46:02,601 --> 00:46:04,750
as in be cold and act.
984
00:46:04,834 --> 00:46:06,316
Don't get hung up on emotion.
985
00:46:06,351 --> 00:46:08,500
Give up trading till
the case is over.
986
00:46:10,399 --> 00:46:12,125
You get it back if you win.
987
00:46:12,208 --> 00:46:14,583
If you lose, you've
got bigger problems.
988
00:46:14,667 --> 00:46:17,000
Let them trade for you,
then feed the press a line
989
00:46:17,083 --> 00:46:19,333
about how it proves the
government has no case.
990
00:46:19,417 --> 00:46:23,709
Unless you're worried about
something harder to admit,
991
00:46:23,792 --> 00:46:27,583
that Taylor will be the public
face of Axe Cap and not you.
992
00:46:27,667 --> 00:46:28,667
It's Theseus's Ship.
993
00:46:28,709 --> 00:46:31,125
Once you change out the
sails and all the planks
994
00:46:31,208 --> 00:46:33,542
that make up the hull,
whose ship is it?
995
00:46:33,625 --> 00:46:35,500
Yeah. You got it.
996
00:46:35,583 --> 00:46:38,208
As long as it's your money,
997
00:46:38,291 --> 00:46:40,422
it is still Axe Capital,
998
00:46:40,457 --> 00:46:42,875
no matter who's making the
day-to-day decisions.
999
00:46:42,959 --> 00:46:44,667
Are you sure?
1000
00:46:46,052 --> 00:46:49,291
It's not me that has to be sure.
1001
00:46:59,166 --> 00:47:01,792
[cellphone vibrates]
1002
00:47:01,875 --> 00:47:03,709
- Yes?
- [Dake] I'm holding in my hand
1003
00:47:03,792 --> 00:47:06,333
Robert Axelrod's signature
relinquishing his ability
1004
00:47:06,417 --> 00:47:07,709
to trade securities.
1005
00:47:07,792 --> 00:47:10,750
He gave it up.
1006
00:47:10,834 --> 00:47:12,792
Well...
1007
00:47:12,875 --> 00:47:16,667
ol' Samson got a real buzz cut.
1008
00:47:16,750 --> 00:47:18,875
Uh, we need to get our
version out right away.
1009
00:47:18,959 --> 00:47:20,583
I've already taken steps.
1010
00:47:20,667 --> 00:47:22,583
A.G. on the phone.
1011
00:47:22,667 --> 00:47:24,834
Got to go, Ollie.
1012
00:47:27,917 --> 00:47:28,917
Rhoades.
1013
00:47:28,959 --> 00:47:31,318
Is this really the attorney
of the United States
1014
00:47:31,353 --> 00:47:32,709
for the southern district?
1015
00:47:32,792 --> 00:47:33,792
Am I that lucky?
1016
00:47:33,834 --> 00:47:36,166
There must be streams
in the desert.
1017
00:47:36,250 --> 00:47:37,250
General, a pleasure.
1018
00:47:38,218 --> 00:47:40,750
Your predecessor
called once a term.
1019
00:47:40,834 --> 00:47:44,250
I'm in the habit of counting the
herd at the end of the day, Chuck.
1020
00:47:44,333 --> 00:47:47,417
- Sure.
- Eastern had a good day today.
1021
00:47:47,500 --> 00:47:50,166
Axelrod's put his office
keys on Dake's desk.
1022
00:47:50,250 --> 00:47:51,375
Good for them.
1023
00:47:51,458 --> 00:47:53,338
But you're calling because
you want to make sure
1024
00:47:53,362 --> 00:47:55,159
that I have adjusted
the priorities.
1025
00:47:55,194 --> 00:47:57,083
Pass the message along.
1026
00:47:57,166 --> 00:48:00,375
- I'm a thorough man.
- As am I. It's done.
1027
00:48:01,100 --> 00:48:02,959
Attaboy.
1028
00:48:03,041 --> 00:48:06,041
- I'll eagerly await our next chat.
- [receiver slams]
1029
00:48:11,845 --> 00:48:13,959
Hey, you boys ready to go?
1030
00:48:14,041 --> 00:48:15,500
Daddy's got to head out.
1031
00:48:15,583 --> 00:48:16,458
- See ya, fellas.
- Later.
1032
00:48:16,542 --> 00:48:19,125
Go wait in the car.
I'll be right down.
1033
00:48:22,208 --> 00:48:24,625
Your office said the
money's unfrozen.
1034
00:48:24,709 --> 00:48:25,875
Yeah, I told 'em to call you.
1035
00:48:26,734 --> 00:48:28,750
Should I have it wired to Birch?
1036
00:48:28,834 --> 00:48:29,959
No, Bobby.
1037
00:48:30,041 --> 00:48:33,166
I pictured you two
running around together.
1038
00:48:33,250 --> 00:48:35,083
That fuckin' starter
plane of his.
1039
00:48:35,166 --> 00:48:37,792
I wouldn't be caught dead
in that sardine can.
1040
00:48:37,875 --> 00:48:39,166
[chuckles]
1041
00:48:41,500 --> 00:48:44,125
[sighs]
1042
00:48:44,208 --> 00:48:45,208
The money, Bobby.
1043
00:48:47,667 --> 00:48:50,125
Just don't fuckin' lose it.
1044
00:48:51,750 --> 00:48:54,190
[Sacker] Now, there's one bitter
thing that we have to swallow
1045
00:48:54,214 --> 00:48:56,214
along with this
delicious lo mein.
1046
00:48:57,126 --> 00:48:59,834
We have to slow down
on a couple of cases.
1047
00:49:05,429 --> 00:49:07,417
You like giving up those cases?
1048
00:49:07,500 --> 00:49:09,291
- I hate it.
- Me, too.
1049
00:49:09,375 --> 00:49:13,500
No A.G. picks our cases.
I'm chafing against it.
1050
00:49:13,583 --> 00:49:15,333
I'm chafed.
1051
00:49:15,417 --> 00:49:17,375
So, are we gonna do
something about it?
1052
00:49:17,458 --> 00:49:19,333
When I know, you'll know.
1053
00:49:21,722 --> 00:49:24,000
IoT, you know?
1054
00:49:24,083 --> 00:49:25,583
Sure, Internet of Things.
1055
00:49:25,667 --> 00:49:27,166
When companies that
make appliances
1056
00:49:27,250 --> 00:49:29,500
and digital thermostats
contract with the firms
1057
00:49:29,583 --> 00:49:32,481
that manufacture the microchips
to make their products smart,
1058
00:49:32,516 --> 00:49:34,041
the connected things inside,
1059
00:49:34,125 --> 00:49:36,583
they force the chip companies
to sign nondisclosures.
1060
00:49:36,667 --> 00:49:37,851
They don't want
their competitors
1061
00:49:37,875 --> 00:49:40,167
- to be able to mimic them.
- Right, so it's hard to know
1062
00:49:40,217 --> 00:49:42,575
which chip companies are
poised to dominate the market.
1063
00:49:42,583 --> 00:49:45,707
My theory: If we could
find a common component
1064
00:49:45,742 --> 00:49:47,417
among a bunch of
varied devices...
1065
00:49:47,500 --> 00:49:48,709
You could reverse-engineer it.
1066
00:49:48,792 --> 00:49:51,000
You have fun
smashing shit apart?
1067
00:49:51,083 --> 00:49:52,895
A blast. And I found a component
1068
00:49:52,930 --> 00:49:54,804
that matched the specs
for a Quartes chip.
1069
00:49:54,839 --> 00:49:57,083
So I called Quartes and
claimed to be building
1070
00:49:57,166 --> 00:49:59,000
an Internet-connected
washing machine
1071
00:49:59,083 --> 00:50:01,659
that sends a message to the
owner when the laundry is done.
1072
00:50:01,694 --> 00:50:03,635
Got the full specs on
their latest chips.
1073
00:50:03,670 --> 00:50:05,500
- And they matched.
- That they did.
1074
00:50:05,583 --> 00:50:08,458
Everyone tries to hide it, but
Quartes is the main supplier
1075
00:50:08,542 --> 00:50:10,709
for 85% of loT products
on the market.
1076
00:50:10,792 --> 00:50:12,041
So, that's the shot?
1077
00:50:12,125 --> 00:50:13,125
That's the shot.
1078
00:50:14,045 --> 00:50:16,000
It plays. Good work.
1079
00:50:16,083 --> 00:50:18,417
You'd have found something
like it if you weren't...
1080
00:50:18,500 --> 00:50:19,700
That's why I have you, Taylor.
1081
00:50:19,724 --> 00:50:23,375
It's a good thing that you can deliver
when I can't, not a bad thing.
1082
00:50:23,458 --> 00:50:25,250
- Thank you.
- Once you leave here,
1083
00:50:25,333 --> 00:50:28,213
we can't really talk individual names
of companies again for a long time.
1084
00:50:28,237 --> 00:50:32,792
Management issues, sure, but not stocks.
It'll all be up to you.
1085
00:50:32,875 --> 00:50:35,125
I can't be seen to
be guiding the firm.
1086
00:50:35,208 --> 00:50:37,875
It'll look as though I'm
violating the terms of my deal.
1087
00:50:37,959 --> 00:50:40,083
I know. You saved the firm
by doing what you did.
1088
00:50:40,166 --> 00:50:42,206
We bought back into the
market late in the position.
1089
00:50:43,049 --> 00:50:45,333
Tonight's a big one for me.
1090
00:50:51,333 --> 00:50:54,667
The most important managers in
the business will be there.
1091
00:50:54,750 --> 00:50:59,834
Between them, they cover all the
meaningful strategies currently in play.
1092
00:51:01,479 --> 00:51:03,083
Quite the cotillion.
1093
00:51:04,744 --> 00:51:06,184
It's the social event
of the season.
1094
00:51:07,326 --> 00:51:09,500
Tonight plants our
flag for the future.
1095
00:51:09,583 --> 00:51:11,663
This room will set the agenda
for what the industry's
1096
00:51:11,687 --> 00:51:14,792
talking about for the
next week, month, year.
1097
00:51:14,875 --> 00:51:17,750
And what they will be talking
about is Axe Capital.
1098
00:51:17,834 --> 00:51:22,542
♪ Dramatic music ♪
1099
00:51:34,083 --> 00:51:35,667
All right, guys.
1100
00:51:35,750 --> 00:51:37,709
Mom and Dad are going
to their therapist.
1101
00:51:37,792 --> 00:51:39,485
Hour of screen time only, okay?
1102
00:51:39,817 --> 00:51:41,937
Probably grab a bite afterwards,
but we won't be late.
1103
00:51:41,961 --> 00:51:43,041
Okay?
1104
00:51:43,125 --> 00:51:43,959
Bye.
1105
00:51:44,041 --> 00:51:46,000
- Bye.
- Bye.
1106
00:51:46,083 --> 00:51:48,208
♪♪♪
1107
00:52:19,983 --> 00:52:22,410
Look at all the trouble
you've caused.
1108
00:52:22,445 --> 00:52:24,500
What a disgrace.
1109
00:52:25,205 --> 00:52:26,542
Agreed.
1110
00:52:26,625 --> 00:52:29,542
He's almost beyond reclamation.
1111
00:52:29,625 --> 00:52:31,875
I can't stand the
sight of this dog.
1112
00:52:32,948 --> 00:52:34,417
I want to leave him here,
1113
00:52:34,500 --> 00:52:36,922
and I'm tempted to
take you with me.
1114
00:52:36,957 --> 00:52:38,667
It's up to you, mistress.
1115
00:52:38,750 --> 00:52:42,625
Leave with me or administer
the required corrections.
1116
00:52:46,257 --> 00:52:49,333
He's in need of punishment.
1117
00:52:49,417 --> 00:52:50,834
I'll stay.
1118
00:52:54,542 --> 00:52:57,875
[door closes]
1119
00:53:04,000 --> 00:53:06,250
Have you missed this?
1120
00:53:07,686 --> 00:53:09,726
Then why aren't you showing
the proper appreciation?
1121
00:53:09,750 --> 00:53:12,875
I should put you in
this fucking cage.
1122
00:53:12,959 --> 00:53:15,750
Perhaps you're in need
of something deeper?
1123
00:53:16,345 --> 00:53:18,250
Yeah.
1124
00:53:18,333 --> 00:53:19,875
Have you missed this?
1125
00:53:20,903 --> 00:53:23,083
It's not about me.
1126
00:53:23,166 --> 00:53:25,250
Or maybe you found,
uh, other outlets.
1127
00:53:25,333 --> 00:53:26,208
[chuckles]
1128
00:53:26,291 --> 00:53:28,125
How dare you question me?
1129
00:53:28,208 --> 00:53:29,542
[whip cracks]
1130
00:53:29,625 --> 00:53:31,750
I can take care of my own needs.
1131
00:53:31,834 --> 00:53:33,542
Oh.
1132
00:53:33,625 --> 00:53:35,041
Explored other fantasies, then?
1133
00:53:35,125 --> 00:53:38,125
What fantasies exactly?
1134
00:53:38,208 --> 00:53:40,709
You being with other men.
1135
00:53:40,792 --> 00:53:42,208
[gasps]
1136
00:53:42,291 --> 00:53:44,375
[laughs]
1137
00:53:44,458 --> 00:53:48,083
Of course.
1138
00:53:48,166 --> 00:53:51,500
That's your fantasy.
1139
00:53:51,583 --> 00:53:53,875
You're that pathetic,
aren't you?
1140
00:53:54,709 --> 00:53:57,667
I am. I am.
1141
00:53:57,750 --> 00:54:00,132
I want to hear about you and...
1142
00:54:00,167 --> 00:54:05,625
- Young men?
- Yeah, yeah, yeah.
1143
00:54:05,709 --> 00:54:09,458
Um...
1144
00:54:09,542 --> 00:54:11,291
will he be handsome, rich?
1145
00:54:11,375 --> 00:54:12,917
- Of course.
- Yeah?
1146
00:54:13,000 --> 00:54:14,000
He's brilliant.
1147
00:54:14,083 --> 00:54:16,834
Barely 30 years old.
1148
00:54:16,917 --> 00:54:19,834
- With the washboard abs?
- Oh, yeah, he's ripped.
1149
00:54:19,917 --> 00:54:21,625
Tell me!
1150
00:54:21,709 --> 00:54:23,109
That's how you want
to be punished?
1151
00:54:23,133 --> 00:54:26,465
Yes! Yes!
1152
00:54:27,446 --> 00:54:31,542
It's... It's the most excruciating
thing that I can think of.
1153
00:54:31,625 --> 00:54:33,417
I want to know what
he does to you,
1154
00:54:33,500 --> 00:54:35,417
what you do to him.
1155
00:54:38,333 --> 00:54:39,625
We're somewhere private.
1156
00:54:39,709 --> 00:54:42,500
- A hotel?
- A hotel.
1157
00:54:42,583 --> 00:54:44,792
White sheets thrown around us.
1158
00:54:44,875 --> 00:54:45,875
Our clothes are off.
1159
00:54:45,917 --> 00:54:48,875
[grunts]
1160
00:54:48,959 --> 00:54:52,166
Hands and mouths on bare skin.
1161
00:54:52,250 --> 00:54:54,500
I take him in my hands.
1162
00:54:56,500 --> 00:54:57,709
Is he...
1163
00:54:57,792 --> 00:54:59,542
Yeah, hard.
1164
00:54:59,625 --> 00:55:01,458
Thick.
1165
00:55:02,295 --> 00:55:03,961
I give myself to him
1166
00:55:04,639 --> 00:55:08,750
and let him do
whatever he wants.
1167
00:55:10,024 --> 00:55:11,667
Is it good?
1168
00:55:11,750 --> 00:55:15,542
Good? No. It's fucking amazing.
1169
00:55:19,959 --> 00:55:22,083
He understands me.
1170
00:55:22,166 --> 00:55:27,291
He knows exactly what I need.
1171
00:55:29,834 --> 00:55:32,542
[slapping]
1172
00:55:33,792 --> 00:55:35,375
[cork pops]
1173
00:55:35,458 --> 00:55:39,583
♪ Dramatic music ♪
1174
00:55:42,834 --> 00:55:44,583
[indistinct conversations]
1175
00:55:44,667 --> 00:55:46,917
♪♪♪
1176
00:55:47,000 --> 00:55:49,417
[cellphones vibrating]
1177
00:55:49,500 --> 00:55:52,486
Oh, Axe is so fucked!
From the Journal.
1178
00:55:52,521 --> 00:55:55,083
"Government defangs Axelrod,
barred from trading."
1179
00:55:55,166 --> 00:55:57,326
I'd love to agree, but I think
he bested those fuckers,
1180
00:55:57,350 --> 00:55:58,360
and so does B.I.
1181
00:55:58,433 --> 00:56:01,875
"Axe Capital poised to plunge
heavy back into the markets."
1182
00:56:01,959 --> 00:56:03,834
He has his money. What
else does he need?
1183
00:56:03,917 --> 00:56:06,583
To do with as he pleases. But
what's the fucking point?
1184
00:56:06,667 --> 00:56:08,375
- [laughter]
- He's gonna be here soon.
1185
00:56:08,458 --> 00:56:11,041
We're gonna know by the look
on his face what happened.
1186
00:56:11,125 --> 00:56:14,917
Either he crushed them, or he's become
the government's favorite bitch.
1187
00:56:15,000 --> 00:56:16,250
[laughter]
1188
00:56:16,333 --> 00:56:18,250
[door opens]
1189
00:56:23,333 --> 00:56:25,750
Who's this?
1190
00:56:25,834 --> 00:56:29,027
I'm Taylor Mason, Chief
Investment Officer, Axe Capital,
1191
00:56:29,062 --> 00:56:33,375
and I have a silver-backed
fucking gorilla of an idea.
1192
00:56:33,458 --> 00:56:35,917
It's an angle of attack
on an Internet sector
1193
00:56:36,000 --> 00:56:38,250
that's worth 12X what
you think it is.
1194
00:56:38,333 --> 00:56:39,813
But the sector is
only the beginning.
1195
00:56:40,592 --> 00:56:42,458
I'll walk you through
both the technical side
1196
00:56:42,542 --> 00:56:44,834
and the types of derivatives
that are available
1197
00:56:44,917 --> 00:56:46,677
to both bet on it and
to effectively hedge it
1198
00:56:46,701 --> 00:56:49,784
so that the play
is risk-neutral.
1199
00:56:52,208 --> 00:56:56,291
That's how Axe Cap is doing it.
1200
00:56:56,375 --> 00:56:59,583
♪ Lucy Dacus' "Troublemaker
Doppelganger" ♪
1201
00:57:06,417 --> 00:57:09,417
♪ Is that a hearse
or a limousine? ♪
1202
00:57:09,500 --> 00:57:11,180
♪ It's like I've seen
it on the TV screen ♪
1203
00:57:11,204 --> 00:57:14,000
♪ Oh, oh ♪
1204
00:57:14,083 --> 00:57:18,625
♪ Oh-oh, oh ♪
1205
00:57:18,709 --> 00:57:21,583
♪♪♪
1206
00:57:27,417 --> 00:57:29,709
♪ I wanna live in a world ♪
1207
00:57:29,792 --> 00:57:32,083
♪ Where I can keep my doors ♪
1208
00:57:32,166 --> 00:57:36,458
♪ Wide open ♪
1209
00:57:36,542 --> 00:57:38,792
♪ But who knows what'd get in ♪
1210
00:57:38,875 --> 00:57:42,291
♪ And what'd get out ♪
1211
00:57:42,375 --> 00:57:43,500
♪ One of these nights ♪
1212
00:57:43,583 --> 00:57:48,375
♪ I'll sleep with
the windows down ♪
1213
00:57:48,458 --> 00:57:51,709
♪ But not until
that creature's ♪
1214
00:57:51,792 --> 00:57:53,750
♪ In the pound ♪
1215
00:57:53,751 --> 00:57:55,751
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