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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:18,400 --> 00:00:19,400 Mina? 2 00:00:22,560 --> 00:00:23,720 (Spanish) Oh, no! Get up! 3 00:00:30,960 --> 00:00:32,680 Ducky, please open the door. 4 00:00:32,760 --> 00:00:34,280 Please don't call me that. 5 00:00:36,960 --> 00:00:38,760 No, get out... of my room! 6 00:00:38,840 --> 00:00:40,920 I need to talk to you. 7 00:00:41,760 --> 00:00:44,080 Hey, I'm sorry. 8 00:00:52,320 --> 00:00:54,440 For the first five years of your life 9 00:00:54,520 --> 00:00:56,720 you were attached to my lap. 10 00:00:58,200 --> 00:00:59,960 And then you'd cry and cry and cry... 11 00:01:00,920 --> 00:01:03,560 whenever anyone tried to separate us. 12 00:01:07,400 --> 00:01:09,400 I have no memory of ever loving you. 13 00:01:23,120 --> 00:01:24,840 (Spanish) Hey, watch your head. 14 00:01:25,960 --> 00:01:27,080 Open more champagne. 15 00:01:28,160 --> 00:01:29,640 The captain's bringing up the anchor. 16 00:01:29,920 --> 00:01:31,000 Checks complete. 17 00:01:31,760 --> 00:01:33,400 The guests are partying below deck. 18 00:01:44,200 --> 00:01:46,960 He is 19 00:01:47,040 --> 00:01:51,760 An Englishman 20 00:01:52,160 --> 00:01:57,080 For he himself has said it 21 00:01:57,680 --> 00:02:03,320 And it's greatly to his credit 22 00:02:03,680 --> 00:02:08,160 He is an Englishman 23 00:02:08,560 --> 00:02:14,400 He is an Englishman 24 00:02:17,440 --> 00:02:20,080 Look at how spectacular this all is. 25 00:02:20,680 --> 00:02:22,400 Let's not spoil it by fighting. 26 00:02:23,480 --> 00:02:24,520 Forgive me. 27 00:02:28,480 --> 00:02:29,480 Please. 28 00:02:46,440 --> 00:02:47,800 You're still hard. 29 00:02:51,480 --> 00:02:52,800 You wanted me to see it. 30 00:02:54,440 --> 00:02:55,600 What are you talking about? 31 00:02:56,320 --> 00:02:59,880 You wanted me to walk in on that. 32 00:02:59,960 --> 00:03:03,040 'Cause you wanted me to see you. 33 00:03:03,360 --> 00:03:05,120 You did it in my room. 34 00:03:05,200 --> 00:03:09,200 You wanted me to see you with her. 35 00:03:09,280 --> 00:03:11,120 Do you think that woman 36 00:03:11,200 --> 00:03:12,800 fucking girl 37 00:03:13,000 --> 00:03:14,240 enjoyed that? 38 00:03:14,320 --> 00:03:17,240 Do you think she liked doing that with you? 39 00:03:17,520 --> 00:03:19,400 "Happy is the horse 40 00:03:19,760 --> 00:03:21,880 that bears the weight of Anthony..." 41 00:03:22,680 --> 00:03:24,440 Yeah, and how much did you pay her then? 42 00:03:24,520 --> 00:03:25,680 Oh, I never pay. 43 00:03:26,280 --> 00:03:29,520 Please, your entire fucking life is a transaction. 44 00:03:29,600 --> 00:03:32,400 Of course, you paid. No one would fuck you for free. 45 00:03:32,840 --> 00:03:33,920 All right then. 46 00:03:34,440 --> 00:03:37,440 I paid her enough not to care that when I came in her mouth 47 00:03:37,720 --> 00:03:40,120 I came like a fucking bull! 48 00:03:40,200 --> 00:03:43,840 Do you have any idea how badly you have failed 49 00:03:43,920 --> 00:03:45,440 as my father? 50 00:03:45,520 --> 00:03:47,520 Does that even make you fucking think? 51 00:03:47,600 --> 00:03:49,960 It was the fucking '90s! 52 00:03:50,040 --> 00:03:52,320 - You're a fucking worm. - And you 53 00:03:52,640 --> 00:03:54,760 look at you prancing around in your little bikinis 54 00:03:54,840 --> 00:03:57,440 with everyone's eyes looking at you 55 00:03:57,520 --> 00:03:59,720 like a fucking whore! 56 00:04:00,280 --> 00:04:01,280 There it is. 57 00:04:03,240 --> 00:04:04,480 There it fucking is. 58 00:04:04,800 --> 00:04:06,720 Every relationship that I have with a man 59 00:04:06,800 --> 00:04:09,200 is so fucked up because of you. 60 00:04:09,280 --> 00:04:11,000 Because you are an animal. 61 00:04:11,280 --> 00:04:13,880 The way you let your friends look at me. 62 00:04:15,120 --> 00:04:17,240 The way you look at me. 63 00:04:17,320 --> 00:04:19,240 Because that's all you have, Yasmin. 64 00:04:19,320 --> 00:04:20,360 That's all you are. 65 00:04:20,440 --> 00:04:25,080 And I may be old and lonely and fucking finished... 66 00:04:25,640 --> 00:04:26,800 But you, you're young 67 00:04:26,880 --> 00:04:28,760 and you've gotta live the rest of your life 68 00:04:28,840 --> 00:04:32,080 with the single inviolable fact 69 00:04:32,160 --> 00:04:36,200 that you are spectacularly talentless, Yas! 70 00:04:36,280 --> 00:04:39,560 I speak seven fucking languages! 71 00:04:40,120 --> 00:04:41,120 What? 72 00:04:42,440 --> 00:04:44,920 I wish you would die. I wish you would die. 73 00:04:45,600 --> 00:04:48,160 It would be the most meaningful thing you've ever done. 74 00:04:52,600 --> 00:04:55,080 - Well, maybe I will! - Oh, fucking do it then. 75 00:04:58,880 --> 00:05:02,760 Maybe I fucking well will! 76 00:05:09,240 --> 00:05:10,240 Yas! 77 00:05:10,680 --> 00:05:12,560 Yasmin. Yasmin. 78 00:05:13,200 --> 00:05:15,520 This isn't funny. Tell them to stop. 79 00:05:16,560 --> 00:05:17,960 Fucking done my leg. 80 00:05:18,360 --> 00:05:19,360 My hip. 81 00:05:19,640 --> 00:05:22,040 Fucking help me! Yasmin! 82 00:05:22,320 --> 00:05:24,320 Stop fucking around. 83 00:05:24,760 --> 00:05:25,760 Help me! 84 00:05:28,680 --> 00:05:30,320 Fucking come here... 85 00:05:35,480 --> 00:05:37,120 Dad. Dad... 86 00:05:38,320 --> 00:05:39,320 Dad! 87 00:05:39,600 --> 00:05:41,240 Stop fucking around! 88 00:05:44,960 --> 00:05:45,960 Fuck! 89 00:06:12,880 --> 00:06:15,080 Oh, how long have you been in here? 90 00:06:15,160 --> 00:06:18,120 Bro, the guy with the bowling ball gut 91 00:06:18,200 --> 00:06:19,800 in the Speedo was like... 92 00:06:20,600 --> 00:06:22,400 feeding me cocaine 93 00:06:22,640 --> 00:06:25,600 and talking to me like I was one of the LinkedIn bio girls. 94 00:06:25,880 --> 00:06:27,760 I swear to fuck, I don't know how you lived through this. 95 00:06:27,840 --> 00:06:30,040 Honestly, we need to get to dry land. It's like... 96 00:06:30,600 --> 00:06:32,240 un-fucking-comfortable. 97 00:06:35,520 --> 00:06:36,520 Yas? 98 00:06:39,600 --> 00:06:40,720 Hey, what's wrong? 99 00:06:46,720 --> 00:06:47,720 I... 100 00:06:49,720 --> 00:06:50,720 He... 101 00:06:52,720 --> 00:06:53,720 He jumped. 102 00:06:54,880 --> 00:06:57,360 - Who? Who jumped? - We were moving really fast. 103 00:06:57,680 --> 00:06:58,760 Like really fast. 104 00:06:58,840 --> 00:07:00,840 There was just nothing, there was nothing I could have done. 105 00:07:00,920 --> 00:07:02,840 - Who jumped? Who jumped? - My dad! My dad! 106 00:07:09,160 --> 00:07:10,960 I left my dad in the water. 107 00:07:13,320 --> 00:07:16,000 Do you mean when we left an hour ago? 108 00:07:19,760 --> 00:07:20,960 You didn't tell the captain? 109 00:07:29,240 --> 00:07:30,680 Do you wanna turn around? 110 00:07:47,280 --> 00:07:48,360 Did anybody see you? 111 00:07:53,520 --> 00:07:55,440 I... I don't think so. 112 00:07:56,360 --> 00:07:58,920 No, it was... we were upstairs and it was... 113 00:07:59,000 --> 00:08:00,040 it was really loud. 114 00:08:00,640 --> 00:08:01,640 Down... 115 00:08:09,800 --> 00:08:11,000 We're gonna take care of it. 116 00:08:12,840 --> 00:08:13,840 Okay? 117 00:08:16,960 --> 00:08:19,600 Yas, we had a party in your cabin. 118 00:08:19,680 --> 00:08:20,880 Just me and you. Okay? 119 00:08:24,400 --> 00:08:25,680 I'm with you, I'm right here. 120 00:08:26,240 --> 00:08:28,320 It's okay, it's all right. 121 00:08:28,720 --> 00:08:29,880 You get in the shower now. 122 00:08:29,960 --> 00:08:30,960 Okay. 123 00:08:32,000 --> 00:08:33,000 That's all right? 124 00:08:35,840 --> 00:08:37,440 You need to come back to me now, okay? 125 00:08:37,520 --> 00:08:38,640 Because if you go out there like this 126 00:08:38,720 --> 00:08:40,200 people will start asking questions 127 00:08:40,560 --> 00:08:41,560 okay? 128 00:08:50,200 --> 00:08:51,520 I'm gonna take this off, is that okay? 129 00:08:51,600 --> 00:08:52,640 Yes? 130 00:08:52,720 --> 00:08:54,280 Okay. Are you with me? 131 00:08:54,360 --> 00:08:56,000 Can you nod if you can hear me, yes? 132 00:08:56,320 --> 00:08:57,320 Yeah? 133 00:09:04,880 --> 00:09:05,960 I wanna see him. 134 00:09:07,680 --> 00:09:09,880 With respect, he won't be recognizable. 135 00:09:25,040 --> 00:09:26,200 Can you leave me with him? 136 00:09:29,680 --> 00:09:30,680 Thank you. 137 00:10:02,960 --> 00:10:05,240 There were no personal effects. Apart from his ring. 138 00:10:06,400 --> 00:10:08,280 If you'd like it, we may need to... 139 00:10:08,960 --> 00:10:10,200 brutalize the body. 140 00:10:12,320 --> 00:10:13,400 Why are you whispering? 141 00:10:17,960 --> 00:10:19,280 He can't fucking hear you. 142 00:10:25,560 --> 00:10:26,560 Yeah. 143 00:10:28,320 --> 00:10:29,320 Yeah. 144 00:10:30,880 --> 00:10:31,920 I'll take everything. 145 00:11:01,760 --> 00:11:02,760 James. 146 00:11:03,680 --> 00:11:05,080 Hi, Harper Stern. We... 147 00:11:06,160 --> 00:11:08,520 we met at that Lansons' Young Asset Managers breakfast. 148 00:11:08,600 --> 00:11:10,720 - Right, yeah, hi. - Hi... 149 00:11:11,280 --> 00:11:12,600 - Bellinis and bullshit. - Yeah. 150 00:11:13,000 --> 00:11:14,480 I'm sorry we didn't get to speak properly. 151 00:11:14,920 --> 00:11:16,320 Had a productive chat with Petra. 152 00:11:16,400 --> 00:11:18,480 - Do you work around here? - No. 153 00:11:19,040 --> 00:11:21,280 I made the regrettable COVID decision to move to Bruton 154 00:11:21,760 --> 00:11:23,160 'cause "How To Spend It" told me to. 155 00:11:23,240 --> 00:11:25,800 Imagine if you hadn't scaled back your Lumi exposure 156 00:11:25,880 --> 00:11:28,480 you would have to sell at least one of your three pied-à-terres. 157 00:11:28,560 --> 00:11:30,240 I downsized to two when my wife died. 158 00:11:31,320 --> 00:11:32,440 Oh. I'm sorry. 159 00:11:32,880 --> 00:11:34,200 What for? It wasn't your fault. 160 00:11:34,920 --> 00:11:36,240 Unless you drove the bus that hit her. 161 00:11:39,560 --> 00:11:40,560 That was a joke. 162 00:11:41,360 --> 00:11:43,560 She remains dead, however. Long illness. 163 00:11:43,800 --> 00:11:46,200 - My condolences. - Yeah. It hit me for six. 164 00:11:47,640 --> 00:11:49,040 It's how I met Petra, actually. 165 00:11:49,520 --> 00:11:51,080 We met in the lobby of the Priory. 166 00:11:51,280 --> 00:11:53,760 Zopiclone and lorazepam for me. 167 00:11:54,320 --> 00:11:56,600 Sorry, not being very discreet. 168 00:11:56,680 --> 00:11:57,920 What was Petra doing in the rehab? 169 00:11:58,000 --> 00:11:59,520 - Nah... - Right, nah, it's... 170 00:12:00,160 --> 00:12:02,960 I'm doing due diligence on a potential trade and wondered... 171 00:12:03,360 --> 00:12:04,440 are you long... 172 00:12:04,640 --> 00:12:07,760 were you long private ESG investments 173 00:12:07,840 --> 00:12:10,600 and other ethical growth stocks, like, more generally 174 00:12:10,680 --> 00:12:12,560 - or... - Fuck, no. No. I mean, I had... 175 00:12:13,360 --> 00:12:14,440 UBS Asset Management 176 00:12:14,520 --> 00:12:16,440 trying to unload all of their holdings of that gear 177 00:12:16,520 --> 00:12:17,600 onto me and anyone else. 178 00:12:17,680 --> 00:12:18,680 I got out completely. 179 00:12:18,760 --> 00:12:20,080 I have a friend whose PE fund was blown up 180 00:12:20,160 --> 00:12:22,560 by the Europa Gaz flop entirely. 181 00:12:22,840 --> 00:12:23,840 Right. 182 00:12:24,680 --> 00:12:25,680 Right. 183 00:12:26,960 --> 00:12:28,640 Well, it was nice to see you. I should probably... 184 00:12:28,720 --> 00:12:30,760 Well, you were very prescient about ESG. 185 00:12:30,840 --> 00:12:33,960 So, if you ever wanna give me the tip of LeviathanAlpha's next big idea... 186 00:12:34,960 --> 00:12:36,680 I like a very cold martini at Duke's. 187 00:12:38,160 --> 00:12:39,960 Yeah, I would like that. 188 00:12:41,000 --> 00:12:42,000 Right. 189 00:12:42,400 --> 00:12:43,440 It's nice to see you. 190 00:12:48,480 --> 00:12:50,360 I need to talk to you about the bond market. 191 00:12:51,640 --> 00:12:52,960 This early in the morning? 192 00:12:53,280 --> 00:12:55,560 Think I just felt a twinge between my legs. 193 00:12:55,640 --> 00:12:57,840 I've heard there's been a lot of senior-secured issuance 194 00:12:57,920 --> 00:12:59,000 from banks recently. 195 00:12:59,400 --> 00:13:02,560 A lot of banks issued debt at low yields with light covenants. 196 00:13:02,640 --> 00:13:04,280 And a lot of that debt is about to reach maturity 197 00:13:04,360 --> 00:13:05,800 and can't be re-financed. 198 00:13:06,720 --> 00:13:07,720 Go on. 199 00:13:07,800 --> 00:13:09,640 I've been speaking to corporate credit desks 200 00:13:09,720 --> 00:13:11,680 to try and figure out whose debt they most wanna get rid of. 201 00:13:12,800 --> 00:13:14,640 There might be a time bomb in the sector. 202 00:13:15,080 --> 00:13:18,080 Okay, you're speaking in a very passive voice. 203 00:13:18,160 --> 00:13:19,960 "I hear," "There may be." 204 00:13:20,040 --> 00:13:21,400 Where is this coming from? 205 00:13:23,760 --> 00:13:24,760 Where, I mean... 206 00:13:25,160 --> 00:13:26,440 Where does anything come from? 207 00:13:26,520 --> 00:13:28,040 I've done the research and I have a network. 208 00:13:30,800 --> 00:13:32,120 I don't understand the trade. 209 00:13:36,000 --> 00:13:38,240 James Ashford has also said that those same banks 210 00:13:38,320 --> 00:13:40,040 are doing their utmost to rid themselves 211 00:13:40,120 --> 00:13:43,000 of these ESG private growth companies 212 00:13:43,080 --> 00:13:45,920 that everyone was coo-coo bananas for a few quarters ago. 213 00:13:47,840 --> 00:13:50,280 So you think the banks are doubly exposed? 214 00:13:51,680 --> 00:13:53,200 Maybe? I mean, how do we know 215 00:13:53,280 --> 00:13:54,680 that they didn't take a load of debt out 216 00:13:54,760 --> 00:13:56,240 to make a bet that blew up in their face? 217 00:13:56,520 --> 00:13:57,520 Which banks? 218 00:13:58,800 --> 00:14:00,600 I have not figured that out yet. 219 00:14:00,880 --> 00:14:03,120 Who's the Lehman? Who's the most fucked? 220 00:14:05,480 --> 00:14:06,480 I don't know yet. 221 00:14:07,520 --> 00:14:08,760 I'm gonna call my contacts 222 00:14:08,840 --> 00:14:10,840 on the corporate credit desks across the street 223 00:14:11,080 --> 00:14:14,040 see if I can get a fuller picture on how long they're into this debt. 224 00:14:15,800 --> 00:14:16,800 By the way, I... 225 00:14:17,880 --> 00:14:19,440 just wanted to ask, like... 226 00:14:19,960 --> 00:14:22,000 is everything okay with you? 227 00:14:24,560 --> 00:14:26,680 Harper, there's someone at the door for you. 228 00:14:26,760 --> 00:14:27,760 Right. 229 00:14:32,960 --> 00:14:34,400 So, you had to identify him? 230 00:14:35,080 --> 00:14:36,080 No. 231 00:14:36,840 --> 00:14:37,840 Why did you go? 232 00:14:38,120 --> 00:14:39,120 I don't know. 233 00:14:39,720 --> 00:14:40,720 I just went. 234 00:14:41,160 --> 00:14:42,160 Well... 235 00:14:43,280 --> 00:14:44,280 you know, maybe... 236 00:14:44,800 --> 00:14:46,360 maybe this has given you some closure. 237 00:14:47,800 --> 00:14:48,800 No. 238 00:14:49,560 --> 00:14:50,720 This is worse. 239 00:14:52,480 --> 00:14:53,960 I really feel like he's won. 240 00:14:54,360 --> 00:14:56,520 Yas, how could he win? He's dead. 241 00:14:56,600 --> 00:14:58,320 You didn't see him. Trust me. 242 00:14:58,400 --> 00:15:01,040 It's like he's gonna live now in here, forever. 243 00:15:01,680 --> 00:15:02,680 He won. 244 00:15:03,280 --> 00:15:05,080 Oh, they've really cleaned Shepherd's Market up. 245 00:15:05,680 --> 00:15:07,320 I just wish people would stop looking at me. 246 00:15:07,400 --> 00:15:09,440 ...used to be Brass City. People would pop out the office 247 00:15:09,520 --> 00:15:10,720 to grab a Pret sandwich and a blowjob. 248 00:15:10,800 --> 00:15:12,800 No one is looking at you and you have won. 249 00:15:13,320 --> 00:15:14,960 You are here, he is not. 250 00:15:15,720 --> 00:15:16,840 You won, okay? 251 00:15:17,240 --> 00:15:18,960 Clean your pipes pre the afternoon slump. 252 00:15:19,840 --> 00:15:20,840 Excuse me. 253 00:15:22,920 --> 00:15:23,920 Hello. 254 00:15:24,240 --> 00:15:26,480 Okay. I spoke to the corporate credit guys 255 00:15:26,560 --> 00:15:28,440 at Goldman, Barclays, and Deutsche 256 00:15:28,520 --> 00:15:30,080 and they all offered me 257 00:15:30,160 --> 00:15:32,320 - incredibly generous prices - Excuse me. 258 00:15:32,400 --> 00:15:33,800 for the pleasure of taking 259 00:15:33,880 --> 00:15:36,160 Pierpoint's debt off their hands. 260 00:15:36,240 --> 00:15:38,400 Okay, so you think Pierpoint 261 00:15:38,480 --> 00:15:40,160 has the biggest refinancing risk? 262 00:15:40,280 --> 00:15:42,680 Yeah, let's call your useful wallflower Yasmin 263 00:15:42,760 --> 00:15:44,560 on their hedge fund sales desk. 264 00:15:44,640 --> 00:15:47,360 Set up a meet through her with Pierpoint Asset Management. 265 00:15:47,440 --> 00:15:49,440 See how deep in these busted ESG names 266 00:15:49,520 --> 00:15:50,600 they actually are. 267 00:15:50,880 --> 00:15:52,360 Can we, like, not do that? 268 00:15:52,920 --> 00:15:54,240 - Why? - I just feel like 269 00:15:54,320 --> 00:15:56,160 maybe we need to be a bit more tactful 270 00:15:56,240 --> 00:15:57,840 given my relationship with them 271 00:15:57,920 --> 00:15:59,840 and what they're gonna think when an anti-ESG fund 272 00:15:59,920 --> 00:16:01,640 is suddenly interested in ESG names. 273 00:16:01,800 --> 00:16:03,400 So, we say we're buying the dip. 274 00:16:03,480 --> 00:16:05,480 It's all "presentation." Pretense. 275 00:16:05,560 --> 00:16:06,920 I thought you were meant to be good at that. 276 00:16:07,640 --> 00:16:08,640 Okay... 277 00:16:09,000 --> 00:16:10,880 can we just, like, not use her? 278 00:16:13,720 --> 00:16:15,800 She's just, like, going through some stuff right now. 279 00:16:15,880 --> 00:16:17,560 - I mean... - Oh, come on! 280 00:16:17,840 --> 00:16:19,520 Friendship and contempt are just two sides 281 00:16:19,600 --> 00:16:20,680 of the same coin. 282 00:16:21,040 --> 00:16:22,120 I read all about her. 283 00:16:22,200 --> 00:16:24,640 She was on that sordid, seedy party boat. 284 00:16:24,720 --> 00:16:26,520 Why does she even need a job in finance? 285 00:16:26,760 --> 00:16:27,840 She's not like us. 286 00:16:27,920 --> 00:16:30,080 Look, what you've potentially found here 287 00:16:30,440 --> 00:16:31,600 is pretty remarkable. 288 00:16:31,680 --> 00:16:33,240 So, let's go test the thesis. 289 00:16:33,320 --> 00:16:36,040 We take meetings with as many sales desks as will see us 290 00:16:36,120 --> 00:16:39,000 and we say we're a buyer of the ESG names down here. 291 00:16:39,320 --> 00:16:41,280 Find out who's got the longest list of worthless names 292 00:16:41,360 --> 00:16:42,800 but we can't ignore your alma mater. 293 00:16:43,320 --> 00:16:44,400 That would be rude. 294 00:16:44,680 --> 00:16:46,640 Okay. No, I mean, you're right, of course... 295 00:16:48,480 --> 00:16:50,640 Let me work an angle at Pierpoint 296 00:16:50,720 --> 00:16:52,720 that is not for wallflower. 297 00:16:53,200 --> 00:16:55,800 Why? She's comically shit at her job. 298 00:16:56,640 --> 00:16:57,640 Gotta go. 299 00:16:57,800 --> 00:16:58,800 Okay, bye. 300 00:17:01,320 --> 00:17:02,320 I got this. 301 00:17:03,040 --> 00:17:04,960 - Thank you. - You know what's really fucked up? 302 00:17:05,960 --> 00:17:09,120 I put on a full face of make-up just to see his corpse. 303 00:17:09,640 --> 00:17:10,920 You look beautiful. 304 00:17:15,640 --> 00:17:16,640 Thank you. 305 00:17:18,840 --> 00:17:20,040 You don't have to thank me. 306 00:17:23,440 --> 00:17:24,920 Guess I'm going back to the office. 307 00:17:25,120 --> 00:17:26,120 Okay. 308 00:17:31,480 --> 00:17:32,480 What? 309 00:17:32,640 --> 00:17:34,640 Yasmin, this is Alexander. 310 00:17:35,560 --> 00:17:36,720 Alexander Norton. 311 00:17:38,720 --> 00:17:40,200 Oh, sorry... 312 00:17:40,720 --> 00:17:41,920 Hello, Mister... 313 00:17:42,200 --> 00:17:43,200 my lord? 314 00:17:43,440 --> 00:17:44,440 Hi, Sir. 315 00:17:44,680 --> 00:17:47,480 First, my deepest sympathy for your loss. 316 00:17:48,560 --> 00:17:52,920 I'll always cherish Trinity Term 1988. 317 00:17:53,720 --> 00:17:56,160 This is a courtesy call. I hope it polite. 318 00:17:57,200 --> 00:17:59,920 I try and hold off on publishing hearsay 319 00:18:00,360 --> 00:18:03,440 unless it can be at least nearly double-sourced. 320 00:18:03,840 --> 00:18:06,080 Our crime editor on the Sunday paper 321 00:18:06,160 --> 00:18:07,960 she's quite recalcitrant. 322 00:18:08,040 --> 00:18:10,160 She's somehow tracked down a source... 323 00:18:10,680 --> 00:18:12,640 onboard The Lady Yasmin. 324 00:18:13,440 --> 00:18:16,360 A Ms. Galperin-Diaz? 325 00:18:16,960 --> 00:18:19,320 She worked quite closely with your father 326 00:18:19,400 --> 00:18:20,400 I believe... 327 00:18:20,880 --> 00:18:23,280 and holds a rather alarming counter-narrative 328 00:18:23,360 --> 00:18:26,160 to the prevailing one concerning Charles' final hours. 329 00:18:28,560 --> 00:18:30,200 Right, well, what can we do about that? 330 00:18:31,040 --> 00:18:32,960 Have you spoken much to Henry? 331 00:18:33,600 --> 00:18:35,920 I worry his black dog's returned. 332 00:18:37,440 --> 00:18:38,600 Maybe it's too fatalistic 333 00:18:38,680 --> 00:18:41,320 but I worry about the cruel inevitability 334 00:18:41,400 --> 00:18:43,040 of him ending up like his father. 335 00:18:43,920 --> 00:18:45,480 What am I supposed to do? 336 00:18:47,160 --> 00:18:48,160 I mean... 337 00:18:49,280 --> 00:18:50,280 I can't... 338 00:18:50,360 --> 00:18:51,400 I can't save him. 339 00:18:51,480 --> 00:18:53,840 And to be honest, I don't really want to. 340 00:18:54,160 --> 00:18:57,240 I can't spike the story, Yasmin. 341 00:18:59,200 --> 00:19:01,120 Or I shouldn't. 342 00:19:03,520 --> 00:19:04,840 I only have daughters. 343 00:19:05,280 --> 00:19:08,440 And by some damned fine luck, they only have daughters. 344 00:19:08,800 --> 00:19:11,760 So, I suppose everything I have will end up with Henry. 345 00:19:12,840 --> 00:19:13,840 I'm sorry. 346 00:19:13,920 --> 00:19:15,160 I don't... I don't follow. 347 00:19:21,080 --> 00:19:22,960 Please try and remember that with Henry 348 00:19:23,040 --> 00:19:25,520 some of his worst instincts are not his own. 349 00:19:26,200 --> 00:19:28,520 My deepest condolences for your loss. 350 00:19:35,600 --> 00:19:37,120 My sporran's falling down. 351 00:19:41,280 --> 00:19:42,320 Fucking hell. 352 00:19:47,280 --> 00:19:51,280 Pierpoint stock rallied 10% into the US close last night 353 00:19:51,360 --> 00:19:53,560 on the new CEO announcement. 354 00:19:53,920 --> 00:19:55,800 Yes, Pierpoint. 355 00:19:57,000 --> 00:19:59,720 The new boss man is Tom Wolsey 356 00:20:00,080 --> 00:20:01,720 ex-Bain Managing partner 357 00:20:01,800 --> 00:20:04,120 and head of their private equity consulting group. 358 00:20:04,480 --> 00:20:06,080 Eric. Jesus... 359 00:20:06,840 --> 00:20:08,840 You smell like a Glaswegian night out. 360 00:20:08,920 --> 00:20:09,920 Have you been home? 361 00:20:10,480 --> 00:20:13,520 Anyway, look, I spoke to three competitor bond traders this morning 362 00:20:13,600 --> 00:20:15,400 trying to move Pierpoint senior secureds 363 00:20:15,800 --> 00:20:16,880 for peanuts. 364 00:20:16,960 --> 00:20:18,480 This isn't localized to us. 365 00:20:18,560 --> 00:20:19,800 That's the macro environment. 366 00:20:19,880 --> 00:20:21,160 Well, what's all this noise out of New York 367 00:20:21,240 --> 00:20:22,320 about Chucky the Wop? 368 00:20:23,600 --> 00:20:25,520 They've just tinned their head of debt syndicate. 369 00:20:26,280 --> 00:20:27,280 You don't know about this? 370 00:20:28,960 --> 00:20:31,240 What is the point of being high up if you are not connected? 371 00:20:31,320 --> 00:20:34,840 Bonds aren't an attractive security right now 372 00:20:34,920 --> 00:20:36,560 given these constant rate hikes. 373 00:20:36,640 --> 00:20:37,720 Man, do the maths! 374 00:20:38,160 --> 00:20:39,840 Have you seen this Wolsey's CV? 375 00:20:40,280 --> 00:20:41,680 "Portfolio value creation" 376 00:20:41,760 --> 00:20:43,360 for the Canadian sovereign wealth fund. 377 00:20:43,880 --> 00:20:45,680 He's a butcher masquerading as a surgeon. 378 00:20:46,960 --> 00:20:47,960 You're late. 379 00:20:50,840 --> 00:20:53,640 Wolsey's a positive catalyst for the stock. 380 00:20:54,160 --> 00:20:56,960 Take a look at where it's indicating, where it closed. 381 00:20:57,520 --> 00:20:59,680 Don't talk to me like you're investor relations. 382 00:20:59,760 --> 00:21:02,000 It's rallying because the market has read the appointment 383 00:21:02,080 --> 00:21:04,080 as a green light for aggressive restructuring. 384 00:21:04,160 --> 00:21:06,120 Pierpoint is a more valuable company today 385 00:21:06,200 --> 00:21:07,200 than it was yesterday. 386 00:21:07,440 --> 00:21:09,200 Okay, are we gonna stop and analyze 387 00:21:09,280 --> 00:21:11,520 the absolute bilge that just came out of your mouth? 388 00:21:12,240 --> 00:21:14,240 Come on. You... you sit down here with us. 389 00:21:14,720 --> 00:21:17,760 Since when did you give a fuck about maximizing shareholder value? 390 00:21:18,280 --> 00:21:19,800 Rishi, I'm a... I'm a partner. 391 00:21:20,040 --> 00:21:22,640 I don't care that they showered you in stock options. 392 00:21:23,600 --> 00:21:26,400 Look, you gave me assurances when we fucked Harper 393 00:21:26,480 --> 00:21:28,680 and built this team that my comp was guaranteed. 394 00:21:29,120 --> 00:21:30,120 Cash. 395 00:21:31,840 --> 00:21:32,840 Look, I... 396 00:21:33,120 --> 00:21:34,120 I need that money. 397 00:21:36,160 --> 00:21:37,160 I have a family. 398 00:21:37,360 --> 00:21:39,440 You still owe me fifteen large from the horses. 399 00:21:39,520 --> 00:21:41,160 Yes, and you can wear a swing like that 400 00:21:41,240 --> 00:21:42,800 whilst I'm making you proper money. 401 00:21:43,720 --> 00:21:45,240 Eric, I have worked for you long enough 402 00:21:45,680 --> 00:21:47,080 to know when you're not being straight with me. 403 00:21:48,080 --> 00:21:49,280 Is the company in trouble? 404 00:21:51,400 --> 00:21:52,720 I don't think you know... 405 00:21:54,440 --> 00:21:56,440 as much as you think you do. 406 00:22:05,200 --> 00:22:06,200 Are you gonna make a trade 407 00:22:06,280 --> 00:22:07,680 or you gonna play with your balls all day? 408 00:22:20,520 --> 00:22:21,680 Yeah, thank you. I'll be there in... 409 00:22:21,760 --> 00:22:22,880 I'll be there in half an hour. 410 00:22:23,520 --> 00:22:24,560 Okay, thank you. 411 00:22:26,440 --> 00:22:27,840 Hey, Anraj. 412 00:22:28,200 --> 00:22:30,920 Can you cover for me? For like an hour, two, tops. 413 00:22:31,000 --> 00:22:32,000 Thank you so much. 414 00:22:34,520 --> 00:22:36,880 Hey, wherever you're going, please take me with you. 415 00:22:37,200 --> 00:22:39,520 - Hey, isn't it my turn to buy lunch? - I... 416 00:22:41,080 --> 00:22:42,280 I've got an interview. 417 00:22:42,840 --> 00:22:45,240 You're taking calls from headhunters? 418 00:22:45,320 --> 00:22:46,320 Between us... 419 00:22:46,680 --> 00:22:48,760 I think you should be more receptive to their calls too. 420 00:22:51,080 --> 00:22:52,080 See you. 421 00:22:52,680 --> 00:22:55,440 Yo! Anyone got any more color on Chucky the Wop being binned? 422 00:22:55,680 --> 00:22:57,160 He's dipped his pen in a few interns 423 00:22:57,240 --> 00:22:58,760 so I was wondering whether his rap sheet 424 00:22:58,840 --> 00:23:00,640 - finally caught up with him. - Heavy weather? 425 00:23:00,720 --> 00:23:02,280 Or he was fired for something to do with the wider 426 00:23:02,360 --> 00:23:04,240 - fixed-income division. - Excuse me? 427 00:23:04,640 --> 00:23:06,680 You look like you're under... 428 00:23:07,320 --> 00:23:08,320 heavy weather. 429 00:23:10,320 --> 00:23:12,480 It's just one of those days I really don't wanna be... 430 00:23:13,040 --> 00:23:14,040 on the desk. 431 00:23:14,480 --> 00:23:15,480 Ibid. 432 00:23:17,560 --> 00:23:18,880 - Ditto. - Yeah. 433 00:23:20,760 --> 00:23:21,760 I used to... 434 00:23:22,440 --> 00:23:24,080 have a medicine 435 00:23:24,680 --> 00:23:25,840 for heavy weather days 436 00:23:25,920 --> 00:23:27,240 when I was in your position 437 00:23:27,560 --> 00:23:29,640 when I was an associate. 438 00:23:29,720 --> 00:23:30,800 - Oh, yeah? - Yeah. 439 00:23:30,880 --> 00:23:32,240 A big blue steak... 440 00:23:33,120 --> 00:23:35,000 and a fistful of blood thinners. 441 00:23:36,320 --> 00:23:37,320 My treat? 442 00:23:40,360 --> 00:23:41,760 Yeah, that... 443 00:23:42,600 --> 00:23:44,840 that actually sounds really nice. 444 00:23:45,400 --> 00:23:46,400 Thank you. 445 00:23:50,800 --> 00:23:51,920 Yasmin speaking. 446 00:23:55,280 --> 00:23:56,320 Yeah, Ramdani. 447 00:23:58,280 --> 00:23:59,360 Yeah, thanks. 448 00:24:00,120 --> 00:24:02,120 Half a rack, and 60 seconds of my respect. 449 00:24:02,200 --> 00:24:03,280 Currently not. 450 00:24:09,120 --> 00:24:11,280 So, your resume says that you did rotations 451 00:24:11,360 --> 00:24:13,080 in Risk and Equity Trading 452 00:24:13,160 --> 00:24:15,480 and Fixed Income. 453 00:24:16,000 --> 00:24:18,120 What's your view on Pierpoint's issuance 454 00:24:18,200 --> 00:24:20,680 of senior secured bonds over the past twelve quarters? 455 00:24:22,960 --> 00:24:23,960 What do you mean? 456 00:24:24,040 --> 00:24:25,400 Issuing that much debt 457 00:24:25,480 --> 00:24:27,720 does bespeak a level of confidence, right? 458 00:24:27,800 --> 00:24:29,080 On returns coming down the pike. 459 00:24:29,880 --> 00:24:32,760 If I had a view on that, it would be speculative. 460 00:24:33,360 --> 00:24:34,440 Speculate freely. 461 00:24:38,360 --> 00:24:40,920 I'm honestly not sure if I'm eligible to answer that 462 00:24:41,000 --> 00:24:43,360 given my level of seniority or... 463 00:24:44,680 --> 00:24:46,160 where I'm currently sat. 464 00:24:46,960 --> 00:24:47,960 Okay. 465 00:24:48,200 --> 00:24:49,840 Let's talk about where you're currently sat then. 466 00:24:50,520 --> 00:24:52,200 Equity in green-focused companies 467 00:24:52,280 --> 00:24:54,240 has been Pierpoint's raison d'être. 468 00:24:54,520 --> 00:24:57,240 Would you say they've been overexposed 469 00:24:57,320 --> 00:24:58,480 given the trend is cooling? 470 00:24:59,520 --> 00:25:01,920 Again, I think you would have to talk 471 00:25:02,000 --> 00:25:04,240 to Pierpoint's Asset Management division 472 00:25:04,320 --> 00:25:05,320 about that. 473 00:25:06,200 --> 00:25:08,880 I'm sorry, are you asking me to consolidate a trade idea, or... 474 00:25:08,960 --> 00:25:09,960 We're spitballing. 475 00:25:10,480 --> 00:25:12,400 If you wanna work with me, we spitball. 476 00:25:13,160 --> 00:25:14,160 Okay. 477 00:25:14,240 --> 00:25:16,040 What if I said to you Pierpoint was the short 478 00:25:16,120 --> 00:25:17,120 of the century? 479 00:25:22,360 --> 00:25:24,000 What do you expect me to say to that? 480 00:25:24,680 --> 00:25:26,880 How deep is Pierpoint in these ESG names? 481 00:25:27,200 --> 00:25:29,000 How many billions and how many companies? 482 00:25:29,080 --> 00:25:31,960 And just how little does the market appreciate 483 00:25:32,040 --> 00:25:35,440 how unwieldy and complex their balance sheet has gotten? 484 00:25:38,280 --> 00:25:39,600 What, do you want a fucking list? 485 00:25:43,640 --> 00:25:45,240 I'm sorry that I've wasted your time. 486 00:25:49,240 --> 00:25:50,240 Sweetpea... 487 00:25:51,360 --> 00:25:53,240 when I take a meeting, it's off the record. 488 00:25:54,240 --> 00:25:55,960 Your boss is not my greatest fan. 489 00:25:56,920 --> 00:25:58,600 You would not want it to get back to him 490 00:25:58,680 --> 00:25:59,880 that you took a meeting with me. 491 00:26:01,160 --> 00:26:02,240 Enjoy the rest of your day. 492 00:26:19,360 --> 00:26:21,080 People do not have their ear to the ground in here. 493 00:26:22,120 --> 00:26:23,200 There's a picture building. 494 00:26:24,720 --> 00:26:26,040 I mean, fucking look at them all. 495 00:26:26,440 --> 00:26:28,440 They're like crossing the Aioi Bridge 496 00:26:28,520 --> 00:26:31,040 to do their "Oh, big shop" on the morning of Hiroshima. 497 00:26:33,160 --> 00:26:34,560 - What? - Sorry, my... 498 00:26:34,640 --> 00:26:36,120 Sorry, my dad's a bit of a... 499 00:26:37,160 --> 00:26:38,680 he's a bit of a World War II wanker. 500 00:26:39,880 --> 00:26:42,400 I mean, there's no one here knows what the fuck is about to happen. 501 00:26:42,880 --> 00:26:44,440 Pierpoint's stocks rallying. 502 00:26:44,520 --> 00:26:45,640 I am telling you 503 00:26:45,840 --> 00:26:47,080 there is a sentiment growing out there 504 00:26:47,160 --> 00:26:49,080 that is not reflected in the share prices yet. 505 00:26:50,280 --> 00:26:51,520 What are you talking about? 506 00:26:51,600 --> 00:26:54,600 LeviathanAlpha are like turbocharged, 'roided up 507 00:26:54,680 --> 00:26:56,280 juicehead bears on Pierpoint. 508 00:26:56,640 --> 00:26:58,120 - Damn. - Yeah. 509 00:26:59,040 --> 00:27:00,880 Did they... they offer you a job then? 510 00:27:03,400 --> 00:27:06,840 They... they just wanted me to be their smoking gun. 511 00:27:07,840 --> 00:27:08,840 Damn. 512 00:27:09,840 --> 00:27:11,720 Well, you need to tell Eric. This can't get out. 513 00:27:11,800 --> 00:27:12,800 I cannot tell Eric 514 00:27:12,880 --> 00:27:15,240 that I took a fucking interview with Harper Stern. 515 00:27:15,320 --> 00:27:16,760 - Come on. - But you need to tell someone. 516 00:27:25,880 --> 00:27:27,960 I think Pierpoint might be absolutely fucked. 517 00:27:29,400 --> 00:27:31,960 Yeah, what else is new? 518 00:27:35,520 --> 00:27:36,600 Who's asked? 519 00:27:42,200 --> 00:27:43,200 I mean... 520 00:27:46,360 --> 00:27:47,840 - Right? - Yeah. 521 00:27:52,080 --> 00:27:55,560 We're interested in diversifying LeviathanAlpha's portfolio. 522 00:27:55,840 --> 00:27:57,560 Expanding into privates. 523 00:27:57,640 --> 00:27:59,880 Private ESG-focused companies. 524 00:28:00,840 --> 00:28:02,400 Growth stocks with an ethical bent. 525 00:28:02,480 --> 00:28:05,120 I used to cover you guys when I was at Pierpoint. 526 00:28:05,200 --> 00:28:06,440 This is a volte-face. 527 00:28:06,800 --> 00:28:08,440 You guys were making a stink in the market 528 00:28:08,520 --> 00:28:10,520 - as anti-ESG? - Did you know 529 00:28:10,600 --> 00:28:12,680 that when Dolly Parton said 530 00:28:12,760 --> 00:28:16,480 "We cannot direct the wind but we can adjust the boat's sails" 531 00:28:16,640 --> 00:28:18,960 she wasn't talking about some guy. 532 00:28:19,440 --> 00:28:22,200 She was talking about her investment portfolio. 533 00:28:22,840 --> 00:28:24,200 Look, we're nimble. 534 00:28:24,440 --> 00:28:26,400 These companies are at a historic low 535 00:28:26,480 --> 00:28:30,040 given the climate of rate rises and boiling hot inflation. 536 00:28:30,120 --> 00:28:31,760 It's not that we believe in the companies. 537 00:28:31,840 --> 00:28:33,720 We believe they're cheap, that's the trade. 538 00:28:34,040 --> 00:28:36,480 Which ESG name are you interested in, exactly? 539 00:28:37,640 --> 00:28:40,640 Show us the full BWIC and we'll see what suits. 540 00:28:40,720 --> 00:28:42,520 The more distressed, the better. 541 00:28:43,120 --> 00:28:44,400 Guys, what's going on here? 542 00:28:45,560 --> 00:28:47,280 You realize this stuff is shit, right? 543 00:28:47,720 --> 00:28:49,640 There isn't a marginal buyer of this junk out there 544 00:28:49,720 --> 00:28:50,920 so what are you doing here? 545 00:28:51,280 --> 00:28:52,760 He doesn't know what he's talking about. 546 00:28:53,040 --> 00:28:54,120 He's an associate. 547 00:28:54,400 --> 00:28:56,240 People like us know that the real meaning of "shit" 548 00:28:56,320 --> 00:28:57,440 is "undervalued". 549 00:28:58,200 --> 00:28:59,360 They like the trade. 550 00:28:59,560 --> 00:29:01,200 Our job is to facilitate it. 551 00:29:02,480 --> 00:29:03,480 Thank you. 552 00:29:03,760 --> 00:29:06,360 Okay. So Deutsche Bank has nine names. 553 00:29:06,440 --> 00:29:07,560 Citibank only had seven. 554 00:29:07,640 --> 00:29:08,960 Or at least it looks like they have seven. 555 00:29:09,040 --> 00:29:10,360 Yeah, seven and... 556 00:29:10,680 --> 00:29:11,840 I mean, JP Morgan 557 00:29:11,920 --> 00:29:15,080 the clear winner with 22 distressed ESG assets. 558 00:29:15,160 --> 00:29:16,200 Absolutely. 559 00:29:16,440 --> 00:29:18,320 Let's check in at Pierpoint on our way back 560 00:29:18,400 --> 00:29:19,600 and then we'll make the call. 561 00:29:19,840 --> 00:29:21,080 Who did you make that meeting through? 562 00:29:22,440 --> 00:29:23,600 Did you make it through Yasmin? 563 00:29:23,680 --> 00:29:26,000 Harper, she's the least inquisitive salesperson 564 00:29:26,080 --> 00:29:27,240 in the northern hemisphere. 565 00:29:27,320 --> 00:29:30,080 - Who else? - No, I asked you not to do that. 566 00:29:30,160 --> 00:29:32,400 You're exploiting a personal relationship. 567 00:29:32,480 --> 00:29:33,480 Hold on. 568 00:29:33,760 --> 00:29:35,320 You made me aware of Yasmin. 569 00:29:35,800 --> 00:29:38,120 "Exploiting a personal relationship"? 570 00:29:38,520 --> 00:29:39,840 You mean "politicking." 571 00:29:40,200 --> 00:29:42,840 I'm sorry, if someone's naïve enough to show you their underbelly 572 00:29:42,920 --> 00:29:44,840 they shouldn't be surprised if someone prods at it. 573 00:29:44,920 --> 00:29:46,600 Okay, well, what about your underbelly? 574 00:29:48,000 --> 00:29:50,200 When were you gonna tell me you had a substance abuse problem? 575 00:29:50,400 --> 00:29:51,480 Excuse me? 576 00:29:51,840 --> 00:29:54,200 James Ashford told me that you met in rehab. 577 00:29:57,400 --> 00:29:58,720 We met in rehab? 578 00:29:59,720 --> 00:30:00,960 We met in the lobby... 579 00:30:01,400 --> 00:30:03,200 as I was dropping off my son. 580 00:30:05,280 --> 00:30:07,480 - I'm sorry. - What else do you need to know, huh? 581 00:30:07,880 --> 00:30:10,040 Do you need to know that he's in and out of care? 582 00:30:10,840 --> 00:30:13,080 You wanna know his middle name? His fucking birthday? 583 00:30:13,960 --> 00:30:16,480 How does that help us... today? 584 00:30:16,560 --> 00:30:18,360 I'm sorry. Genuinely, I am sorry. 585 00:30:18,440 --> 00:30:21,240 But I do think if we were more vulnerable with each other 586 00:30:21,320 --> 00:30:22,680 then things like this wouldn't happen. 587 00:30:22,760 --> 00:30:23,760 No... 588 00:30:23,840 --> 00:30:25,320 I don't ask you who you fuck 589 00:30:25,400 --> 00:30:27,120 or what pills you take to go to sleep. 590 00:30:27,280 --> 00:30:29,000 I respect your work and you respect mine. 591 00:30:29,080 --> 00:30:31,000 That's the only currency that matters here. 592 00:30:31,560 --> 00:30:32,840 We are colleagues. 593 00:30:33,160 --> 00:30:35,360 Yasmin is your former colleague. 594 00:30:35,560 --> 00:30:38,160 You interested in the past or in our future? 595 00:30:41,880 --> 00:30:42,880 Fuck. 596 00:30:52,840 --> 00:30:54,480 It's like, for a minute, you know? 597 00:30:54,760 --> 00:30:56,680 Everything's perfect. 598 00:30:56,920 --> 00:30:58,320 - Right. - Martini, sir. 599 00:30:58,680 --> 00:31:00,400 - Do you want one? - No, I'm... 600 00:31:00,800 --> 00:31:02,120 I mean, I do, but... 601 00:31:02,680 --> 00:31:04,760 - I won't. - You're not gonna stop me. 602 00:31:09,640 --> 00:31:11,200 Were you drunk at work this morning? 603 00:31:15,520 --> 00:31:16,840 I think I'm gonna lose my kids. 604 00:31:17,760 --> 00:31:19,000 She hired Mr. Payout. 605 00:31:19,080 --> 00:31:20,640 Fucking feminist judge too. 606 00:31:20,840 --> 00:31:21,840 She got everything. 607 00:31:22,240 --> 00:31:23,360 I got nothing. 608 00:31:25,080 --> 00:31:26,080 Bad trade. 609 00:31:29,680 --> 00:31:30,760 Is Pierpoint... 610 00:31:31,800 --> 00:31:32,880 in trouble? 611 00:31:33,200 --> 00:31:34,680 Sweetpea told me... 612 00:31:34,760 --> 00:31:36,640 Sweetpea doesn't know what she's talking about. 613 00:31:37,280 --> 00:31:38,280 Sorry for... 614 00:31:39,080 --> 00:31:40,320 using you 615 00:31:40,520 --> 00:31:42,680 to justify drinking off my hangover. 616 00:31:42,760 --> 00:31:44,800 No, no, I'm happy to be here. 617 00:31:45,160 --> 00:31:46,160 The steak's good. 618 00:31:47,480 --> 00:31:48,480 Still... 619 00:31:56,120 --> 00:31:57,120 What kind of... 620 00:31:58,320 --> 00:32:00,040 father were you? 621 00:32:00,800 --> 00:32:01,800 Are you? 622 00:32:02,680 --> 00:32:04,120 Much worse than my own. 623 00:32:05,280 --> 00:32:07,000 He worked on a line 624 00:32:07,160 --> 00:32:10,840 making widgets for 50 years. 625 00:32:11,120 --> 00:32:12,200 He used to say... 626 00:32:16,800 --> 00:32:20,000 "If you really want to damn a man... 627 00:32:20,760 --> 00:32:23,080 teach him how to count." 628 00:32:24,760 --> 00:32:26,480 He was right, as always. 629 00:32:26,960 --> 00:32:29,200 You sure I can't tempt you? 630 00:32:31,920 --> 00:32:35,200 Sometimes I think it's a child's biological duty 631 00:32:35,280 --> 00:32:36,480 to kill their parents. 632 00:32:44,160 --> 00:32:46,720 Do you think I give you preferential treatment on the desk? 633 00:32:47,560 --> 00:32:51,360 'Cause I'm trying to reflect on the different ways 634 00:32:51,640 --> 00:32:53,320 I treat the women in my life. 635 00:32:57,160 --> 00:33:01,920 With all due respect, Eric, I don't see myself as a... 636 00:33:02,480 --> 00:33:04,200 woman in your life. 637 00:33:05,080 --> 00:33:08,160 You know, you're not a man in mine. 638 00:33:09,360 --> 00:33:10,360 Right. 639 00:33:11,000 --> 00:33:12,120 We work together. 640 00:33:12,560 --> 00:33:13,960 Yeah... 641 00:33:16,440 --> 00:33:18,560 I heard your relationship with Henry... 642 00:33:19,640 --> 00:33:23,640 was raised by the select committee. 643 00:33:24,840 --> 00:33:25,840 Yeah. 644 00:33:26,160 --> 00:33:27,880 Has that been going on since COP? 645 00:33:31,640 --> 00:33:32,640 Sorry. 646 00:33:33,880 --> 00:33:35,240 - Hi. - Hi. 647 00:33:35,760 --> 00:33:38,000 - Are you okay? - Yeah, how are you? 648 00:33:40,040 --> 00:33:41,840 I just wanted to check you're all right. 649 00:33:43,080 --> 00:33:44,080 I'm fine. Why? 650 00:33:44,800 --> 00:33:45,800 What's going on? 651 00:33:46,440 --> 00:33:47,880 Oh, god, sorry, have you not seen? 652 00:33:48,960 --> 00:33:50,880 There are leaked autopsy photos 653 00:33:50,960 --> 00:33:52,840 of Charles' body all over Reddit. 654 00:33:57,680 --> 00:33:58,800 No, I haven't seen. 655 00:33:58,880 --> 00:34:00,600 Is there anything else? Anything in the press? 656 00:34:00,680 --> 00:34:02,920 Like an interview with anyone from the boat? 657 00:34:03,360 --> 00:34:04,600 Anyone called Alondra? 658 00:34:05,040 --> 00:34:07,840 No, just these horrific photos. 659 00:34:08,080 --> 00:34:09,400 Are you okay? 660 00:34:10,040 --> 00:34:11,040 You with someone? 661 00:34:11,120 --> 00:34:12,120 Yeah. 662 00:34:12,800 --> 00:34:14,120 I'm having lunch with Eric. 663 00:34:14,320 --> 00:34:15,320 Oh, my god. 664 00:34:15,800 --> 00:34:17,480 Stay away from that fucking vampire. 665 00:34:19,640 --> 00:34:20,680 Okay, speak soon. 666 00:34:28,320 --> 00:34:29,320 You know... 667 00:34:30,200 --> 00:34:33,240 the only useful thing I remember my shrink ever saying to me 668 00:34:33,320 --> 00:34:36,040 was "Desire is practical 669 00:34:36,640 --> 00:34:39,040 pragmatic, it takes what it can get." 670 00:34:39,120 --> 00:34:43,000 I've thought about that a lot since. 671 00:34:43,320 --> 00:34:45,440 And maybe, you know... 672 00:34:45,840 --> 00:34:48,520 - unexpected as it is... - Okay. 673 00:34:48,920 --> 00:34:49,920 I'm gonna stop you right there. 674 00:34:50,000 --> 00:34:51,720 I'm gonna pay for my own food, and I... 675 00:34:51,800 --> 00:34:52,880 I just... I don't... 676 00:34:53,480 --> 00:34:54,600 I don't want you to say whatever it is 677 00:34:54,680 --> 00:34:56,280 - you're thinking of saying. - You've misunderstood. 678 00:34:56,360 --> 00:34:58,160 Nope, I don't think that I have. 679 00:34:58,240 --> 00:35:00,440 No, I was just saying 680 00:35:01,000 --> 00:35:03,200 or trying to say... 681 00:35:04,280 --> 00:35:05,320 I don't know. 682 00:35:07,200 --> 00:35:08,800 The story of our lives 683 00:35:09,280 --> 00:35:12,920 becomes the story... 684 00:35:14,120 --> 00:35:17,760 of the detours... 685 00:35:18,680 --> 00:35:20,080 our desire... 686 00:35:21,080 --> 00:35:23,400 - takes us on. - What the fuck are you doing? 687 00:35:23,480 --> 00:35:24,800 Why are you doing this? 688 00:35:24,960 --> 00:35:27,600 Why are you doing this to me, why? What do you want? 689 00:35:27,680 --> 00:35:29,160 What do you actually want me to do right now? 690 00:35:29,240 --> 00:35:31,520 You want me to give you a nice little hand job in the toilet? 691 00:35:31,600 --> 00:35:34,040 Well, I mean, what is it that you actually want from me? 692 00:35:34,120 --> 00:35:35,840 What am I? What is this? Is this sex? 693 00:35:35,920 --> 00:35:36,920 Is it just sex for you? 694 00:35:37,200 --> 00:35:38,440 Is it just sex for you? 695 00:35:38,680 --> 00:35:40,520 Making me sit here like this. 696 00:35:40,600 --> 00:35:41,920 Listening to you talk like this. 697 00:35:42,000 --> 00:35:44,120 It's not sex! It's not sex, okay? 698 00:35:44,200 --> 00:35:46,040 So if you can do that, you can do that on your own time. 699 00:37:12,440 --> 00:37:15,040 I have a meeting with LeviathanAlpha 700 00:37:15,120 --> 00:37:16,840 and our Asset Management guy in five. 701 00:37:18,240 --> 00:37:19,240 Do you wanna join? 702 00:37:19,680 --> 00:37:21,800 There's not so much difference between those two, I think. 703 00:37:21,880 --> 00:37:23,880 - Yeah. - Yeah, I'm just going into it now. 704 00:37:24,520 --> 00:37:26,480 Can you do me a favor and just check in with your traders? 705 00:37:27,840 --> 00:37:30,240 Hey, hey. How about them Mets? 706 00:37:32,480 --> 00:37:34,960 I'm just fucking with you. I know you hate baseball. 707 00:37:36,720 --> 00:37:37,960 You would if you were a Met. 708 00:37:42,920 --> 00:37:45,000 It's called "So Many Ways to Lose." 709 00:37:45,480 --> 00:37:47,280 We're interested in buying the dip 710 00:37:47,360 --> 00:37:50,200 on a lot of private ESG equity. 711 00:37:50,280 --> 00:37:51,280 Really? 712 00:37:51,920 --> 00:37:53,240 And catch a falling knife? 713 00:37:55,240 --> 00:37:57,560 I'd appreciate if you guys were a bit more honest with us. 714 00:37:58,080 --> 00:38:00,960 You're a hedge fund, not a distressed credit fund. 715 00:38:01,280 --> 00:38:02,600 Why are you interested 716 00:38:02,680 --> 00:38:04,600 in the long-term growth prospects of... 717 00:38:04,920 --> 00:38:06,040 a load of these... 718 00:38:08,840 --> 00:38:09,880 There's a company in here 719 00:38:09,960 --> 00:38:13,640 that specializes in making the bio-degradable receptacles 720 00:38:13,720 --> 00:38:15,360 for 200 pound a throw... 721 00:38:16,120 --> 00:38:17,120 moisturizer. 722 00:38:17,800 --> 00:38:19,880 There's a green fintech company. 723 00:38:19,960 --> 00:38:21,080 Do we know what that is? 724 00:38:22,320 --> 00:38:25,160 Credit cards made of compressed wood chippings. 725 00:38:26,240 --> 00:38:29,560 Yeah, made by starving Iraqis but they're queer, so... 726 00:38:30,120 --> 00:38:31,200 it's ESG. 727 00:38:32,560 --> 00:38:34,880 Look, holding this stuff has been the daily bane 728 00:38:34,960 --> 00:38:36,040 of our existence. 729 00:38:36,120 --> 00:38:39,680 But it's so antithetical to the heterodox principles 730 00:38:39,760 --> 00:38:42,640 that I thought your company was founded on. 731 00:38:42,960 --> 00:38:44,840 And I know that you guys are fucking smart 732 00:38:44,920 --> 00:38:47,240 so there's no way that this is your trade. 733 00:38:49,080 --> 00:38:51,320 Yeah, they're too fucking smart 734 00:38:51,400 --> 00:38:53,120 to be heterodox on principle 735 00:38:53,720 --> 00:38:55,800 just when it pragmatically suits. 736 00:38:56,800 --> 00:38:58,320 Yal, I am... 737 00:38:59,440 --> 00:39:00,840 very impressed 738 00:39:01,120 --> 00:39:02,600 with Pierpoint's service. 739 00:39:02,680 --> 00:39:04,800 You're the only bank that wants to engage 740 00:39:04,880 --> 00:39:08,320 in an academic analysis of why I want to give you money. 741 00:39:08,640 --> 00:39:12,160 Yeah, they've already been to JPM, Deutsche, etcetera. 742 00:39:12,240 --> 00:39:14,640 They could take this trade anywhere on the street. 743 00:39:14,720 --> 00:39:17,080 You want to sell this stuff, right? 744 00:39:17,160 --> 00:39:19,600 So, sell it to them at mid, everyone's a winner. 745 00:39:29,360 --> 00:39:31,560 Yal, may we see the list, please? 746 00:39:45,120 --> 00:39:47,000 Oh, double-sided 747 00:39:47,200 --> 00:39:48,200 for the environment. 748 00:39:52,600 --> 00:39:53,920 Well, that is... 749 00:39:54,320 --> 00:39:55,480 a lot of names. 750 00:39:58,200 --> 00:39:59,920 "Misery acquaints a man 751 00:40:00,000 --> 00:40:01,880 with strange bedfellows." 752 00:40:03,160 --> 00:40:04,960 You have a kink for slaughtering sacred cows. 753 00:40:05,040 --> 00:40:06,440 You know we can't short these. 754 00:40:06,520 --> 00:40:08,080 They're not publicly traded companies. 755 00:40:08,400 --> 00:40:09,760 We don't wanna short these names. 756 00:40:11,000 --> 00:40:12,160 We wanna short Pierpoint. 757 00:40:13,000 --> 00:40:14,800 In as much size as you will give us. 758 00:40:15,080 --> 00:40:17,640 That's why we're bringing this trade to their biggest competitor. 759 00:40:18,880 --> 00:40:20,240 You mean their cast-offs. 760 00:40:21,480 --> 00:40:23,800 Pierpoint took a gamble on bringing... 761 00:40:24,440 --> 00:40:26,240 60 supposedly promising 762 00:40:26,320 --> 00:40:28,160 ESG-focused companies to the market. 763 00:40:28,240 --> 00:40:30,880 They took a significant position as the anchor at a bad level 764 00:40:30,960 --> 00:40:33,760 and to support that bet, took on a lot of debt. 765 00:40:33,920 --> 00:40:37,360 That debt is reaching maturity and it cannot be refinanced. 766 00:40:37,440 --> 00:40:39,600 This is growing knowledge across the street. 767 00:40:43,280 --> 00:40:45,000 Liquidity elsewhere in the bank? 768 00:40:45,200 --> 00:40:46,200 Zip. 769 00:40:46,280 --> 00:40:48,760 Pierpoint has no way of paying its debtors back. 770 00:40:49,800 --> 00:40:51,600 How the fuck did they allow themselves 771 00:40:51,680 --> 00:40:55,200 to get into this hole on something as banal as ESG? 772 00:40:55,480 --> 00:40:57,120 They wanted to be first movers. 773 00:40:57,400 --> 00:40:59,000 Pierpoint's Asset Management division 774 00:40:59,080 --> 00:41:01,520 has become a proxy prop desk 775 00:41:01,600 --> 00:41:02,920 and has been given 776 00:41:03,000 --> 00:41:04,680 undue influence over the balance sheet. 777 00:41:04,760 --> 00:41:07,760 I mean, it is little more than a shell company for shit. 778 00:41:08,320 --> 00:41:10,160 There's no wonder they brought in Wolsey to fix it. 779 00:41:11,320 --> 00:41:14,080 Yeah, I heard the CFO Wilhelmina Fassbinder 780 00:41:14,160 --> 00:41:16,080 is using John Lindsay's senility 781 00:41:16,160 --> 00:41:17,360 to make unilateral plays 782 00:41:17,440 --> 00:41:18,840 and change the whole direction of the company. 783 00:41:18,920 --> 00:41:21,120 Those Weekend at Bernie's rumors are true then. 784 00:41:22,160 --> 00:41:23,560 Why are you bringing this trade to us? 785 00:41:25,240 --> 00:41:27,440 Shorting this size is gonna be 786 00:41:27,520 --> 00:41:29,000 more than 0.5% of the company. 787 00:41:29,080 --> 00:41:30,680 It will be public knowledge. 788 00:41:30,920 --> 00:41:33,880 We want you to do it with enough discretion 789 00:41:33,960 --> 00:41:37,080 so we can go to the other banks and buy CDS protection on Pierpoint 790 00:41:37,160 --> 00:41:39,800 before the disaster is fully priced into the CDS. 791 00:41:40,080 --> 00:41:41,480 Maximize our upside. 792 00:41:42,320 --> 00:41:43,840 What sort of size are we talking about? 793 00:41:44,160 --> 00:41:45,480 Five hundred million dollars. 794 00:41:48,840 --> 00:41:50,920 How much of your AUM is that? 795 00:41:51,840 --> 00:41:52,920 About half the fund. 796 00:41:53,120 --> 00:41:54,240 On one position? 797 00:41:55,880 --> 00:41:56,920 You must be... 798 00:41:57,000 --> 00:41:58,000 Confident. 799 00:41:58,800 --> 00:42:00,280 If it trades to zero 800 00:42:00,680 --> 00:42:03,920 you make half a billion dollars profit. 801 00:42:04,680 --> 00:42:06,200 Net of all costs to you. 802 00:42:06,720 --> 00:42:07,960 The borrow to short the stock 803 00:42:08,040 --> 00:42:10,160 is gonna cost us a lot of money. 804 00:42:10,800 --> 00:42:11,880 That money's yours. 805 00:42:11,960 --> 00:42:13,440 You realize that this trade 806 00:42:13,520 --> 00:42:15,760 could cause the sort of panic around Pierpoint 807 00:42:15,840 --> 00:42:18,000 that may not be able to be contained, right? 808 00:42:18,640 --> 00:42:19,880 Don't they deserve it? 809 00:42:24,040 --> 00:42:27,720 So we're all brought together today by the force of negative cohesion. 810 00:42:28,680 --> 00:42:30,680 Whatever gets us out of bed, right? 811 00:42:34,120 --> 00:42:36,040 Yeah, I mean, I can take the call but... 812 00:42:36,920 --> 00:42:39,560 How about I just get you someone more qualified for that? 813 00:42:40,400 --> 00:42:42,120 No, I've been doing it 814 00:42:42,200 --> 00:42:44,000 - for four years... - How were LeviathanAlpha? 815 00:42:45,720 --> 00:42:46,720 Good. 816 00:42:47,920 --> 00:42:50,720 I introduced them to Yal Shafqat in PAM. 817 00:42:53,680 --> 00:42:56,600 What's the asset management connection? 818 00:42:57,040 --> 00:42:58,280 I don't know if you know this 819 00:42:58,360 --> 00:43:00,760 but PAM have a lot of distressed 820 00:43:00,840 --> 00:43:03,480 ESG private equity exposure, so... 821 00:43:03,840 --> 00:43:05,120 Yeah, not exactly a bull. 822 00:43:06,160 --> 00:43:07,160 So... 823 00:43:08,520 --> 00:43:10,000 what did they want? 824 00:43:10,400 --> 00:43:11,760 Well, they're sniffing around 825 00:43:11,840 --> 00:43:14,000 but they think that it's trading well below fair value 826 00:43:14,080 --> 00:43:15,200 and it will correct. 827 00:43:16,080 --> 00:43:17,160 They're buyers. 828 00:43:17,560 --> 00:43:20,040 That makes no sense. 829 00:43:20,800 --> 00:43:24,800 What exactly did you tell them about our exposure? 830 00:43:26,080 --> 00:43:27,800 I gave them a list. 831 00:43:30,840 --> 00:43:32,400 A fucking list? 832 00:43:42,320 --> 00:43:43,320 I don't know. 833 00:43:57,160 --> 00:43:58,160 Have you got an appointment... 834 00:43:58,560 --> 00:43:59,680 You can't go in there! 835 00:44:00,280 --> 00:44:02,160 Okay, you got Daddy's attention now. 836 00:44:02,640 --> 00:44:03,640 Can I help you? 837 00:44:03,720 --> 00:44:05,520 Is this why you do the things you do? 838 00:44:06,120 --> 00:44:07,200 Sorry? 839 00:44:07,600 --> 00:44:08,840 You're stood in my office 840 00:44:09,120 --> 00:44:10,320 emotionally incontinent 841 00:44:10,400 --> 00:44:12,480 and you're saying I need your attention? 842 00:44:12,560 --> 00:44:15,280 You listen to me, you little fucking cunt. 843 00:44:16,800 --> 00:44:18,000 Maybe you need a glass of water. 844 00:44:18,800 --> 00:44:20,280 I don't know what your angle is 845 00:44:20,720 --> 00:44:22,600 but it's somewhere in the area 846 00:44:22,680 --> 00:44:24,480 of causing the most harm 847 00:44:25,160 --> 00:44:27,560 to as many people as you physically can. 848 00:44:27,640 --> 00:44:29,800 Everyone's collateral, right? 849 00:44:29,880 --> 00:44:31,680 Even the only girl 850 00:44:31,760 --> 00:44:34,680 stupid enough to call you a friend. 851 00:44:39,480 --> 00:44:41,200 Do you ever listen to the pat shit 852 00:44:41,360 --> 00:44:43,240 that comes out of your fucking mouth? 853 00:44:44,040 --> 00:44:46,920 Everything you do on the floor communicates an ideology 854 00:44:47,000 --> 00:44:49,000 that people are a means to an end. 855 00:44:49,320 --> 00:44:51,040 I enact your philosophy 856 00:44:51,120 --> 00:44:53,080 and you have the nerve to come into my office 857 00:44:53,160 --> 00:44:54,800 and call me a bad person? 858 00:44:56,040 --> 00:44:57,840 Go fuck yourself. 859 00:44:59,360 --> 00:45:00,560 You know, I'm guessing 860 00:45:00,920 --> 00:45:04,160 you live with the feeling that you're a monster. 861 00:45:04,720 --> 00:45:07,680 And now there's nothing stopping you on your path 862 00:45:07,760 --> 00:45:09,440 to whatever behavior provides you 863 00:45:09,520 --> 00:45:13,800 with an externalized fantasy of what you really think of yourself 864 00:45:13,880 --> 00:45:16,800 every moment of every day. 865 00:45:16,880 --> 00:45:19,840 I want you to know from the bottom of my heart 866 00:45:19,920 --> 00:45:22,320 that what you think about yourself... 867 00:45:23,960 --> 00:45:24,960 is true. 868 00:45:29,040 --> 00:45:30,760 I heard your family fell apart. 869 00:45:33,240 --> 00:45:34,240 Shame. 870 00:45:35,800 --> 00:45:37,720 But maybe now you can finally go after 871 00:45:37,800 --> 00:45:39,560 whatever it is that you really want. 872 00:45:50,160 --> 00:45:51,320 Is he drunk? 873 00:45:52,040 --> 00:45:53,560 Jesus Christ. 874 00:45:53,920 --> 00:45:56,760 And that is why we keep it professional. 875 00:46:01,520 --> 00:46:02,520 Floor eight. 876 00:46:03,080 --> 00:46:04,320 Doors opening. 877 00:46:11,760 --> 00:46:13,000 Doors closing. 878 00:46:41,400 --> 00:46:42,800 Hi, guys, anyone in New York 879 00:46:42,880 --> 00:46:45,400 got any color on the reversal in Pierpoint's share price? 880 00:46:46,760 --> 00:46:48,880 Hearing away some sizeable shorts building. 881 00:46:49,360 --> 00:46:51,480 Yeah, something to keep an eye on. 882 00:47:36,000 --> 00:47:37,400 - Hello. - Yasmin. 883 00:47:37,680 --> 00:47:39,160 Have I got you at a good time? 884 00:47:39,240 --> 00:47:40,320 Yeah, sure. 885 00:47:42,480 --> 00:47:44,200 There's no easy way of saying this. 886 00:47:44,800 --> 00:47:46,520 We don't think you should come to work tomorrow. 887 00:47:48,040 --> 00:47:49,040 Okay. 888 00:47:49,960 --> 00:47:51,360 I understand. I'll take the day. 889 00:47:51,440 --> 00:47:52,440 No. 890 00:47:54,400 --> 00:47:56,120 This is an indefinite decision. 891 00:47:56,520 --> 00:47:58,080 It's a decision of the company. 892 00:47:58,160 --> 00:48:00,960 We think it's for the best given all you're going through. 893 00:48:01,520 --> 00:48:04,240 - What? - We think it's affecting your focus. 894 00:48:04,720 --> 00:48:08,600 Some proprietary information from Pierpoint Asset Management 895 00:48:08,920 --> 00:48:11,080 got into the hands of... 896 00:48:11,400 --> 00:48:12,600 a bad actor. 897 00:48:12,680 --> 00:48:14,760 Actually, I'm not gonna couch my language. 898 00:48:15,040 --> 00:48:16,640 Your "friend" fucked you. 899 00:48:17,240 --> 00:48:18,960 HR will be in touch with next steps. 900 00:48:19,040 --> 00:48:21,040 I hope you understand how much I enjoyed 901 00:48:21,120 --> 00:48:22,120 working with you. 902 00:48:22,200 --> 00:48:24,280 Good luck with wherever you land next. 903 00:48:36,040 --> 00:48:39,080 Oh, will you fuck off? 904 00:48:41,480 --> 00:48:43,200 Bill, I hope you're on a flight to London. 905 00:48:44,000 --> 00:48:45,760 The market knows we're dying. 906 00:49:01,640 --> 00:49:02,640 Hey. 907 00:49:04,200 --> 00:49:05,200 You okay? 908 00:49:06,840 --> 00:49:07,840 You know... 909 00:49:10,680 --> 00:49:14,640 my first instinct when I got back into my cabin... 910 00:49:16,320 --> 00:49:18,640 was to brush my hair. 911 00:49:20,840 --> 00:49:24,320 Your first instinct was to protect me. 912 00:49:25,640 --> 00:49:26,640 Why? 913 00:49:27,600 --> 00:49:28,920 "Why"? What do you mean "why"? 914 00:49:29,720 --> 00:49:30,840 Why did you help me? 915 00:49:31,880 --> 00:49:33,600 Because it was the human thing to do. 916 00:49:37,440 --> 00:49:38,640 You didn't do anything wrong. 917 00:49:40,640 --> 00:49:42,120 You didn't do anything, Yas. 918 00:49:42,360 --> 00:49:43,840 No, you're right. I did nothing. 919 00:49:45,960 --> 00:49:48,320 You didn't commit a crime, Yas. 920 00:49:49,480 --> 00:49:51,360 Okay, you're not responsible. 921 00:49:53,200 --> 00:49:55,680 He was headed where he was headed. And that's it. 922 00:49:55,760 --> 00:49:57,480 You know, I have defended you 923 00:49:58,520 --> 00:49:59,520 to people. 924 00:50:01,920 --> 00:50:03,560 Rob, Eric. 925 00:50:04,400 --> 00:50:07,280 I find myself constantly defending you. 926 00:50:07,360 --> 00:50:09,000 Because that girl 927 00:50:10,000 --> 00:50:11,120 on the boat... 928 00:50:11,920 --> 00:50:14,320 whoever that girl was... 929 00:50:15,880 --> 00:50:17,080 she loved me. 930 00:50:18,320 --> 00:50:20,320 - I do love you. - Fuck you. 931 00:50:21,920 --> 00:50:23,680 Fuck you. 932 00:50:24,520 --> 00:50:27,160 My pain is useful to you. 933 00:50:27,760 --> 00:50:28,840 Even today. 934 00:50:29,480 --> 00:50:31,600 Of all the fucking days. 935 00:50:31,680 --> 00:50:35,600 My pain was useful to you. 936 00:50:37,560 --> 00:50:39,800 And the more I sit with it, the more I realize 937 00:50:39,880 --> 00:50:42,320 of course... of course. 938 00:50:42,800 --> 00:50:44,600 That little voice in my head was right. 939 00:50:44,880 --> 00:50:47,840 You revel in my disgrace. 940 00:50:47,920 --> 00:50:50,120 You revel in other people's pain. 941 00:50:50,200 --> 00:50:52,760 It fucking nourishes you. 942 00:50:54,600 --> 00:50:55,800 Okay, Yas... 943 00:50:57,360 --> 00:50:59,160 I did everything in my power 944 00:50:59,480 --> 00:51:01,640 to try and stop Petra, I did. 945 00:51:02,200 --> 00:51:04,160 But this is the business. 946 00:51:04,800 --> 00:51:07,840 Sorry the world is showing you what it is. 947 00:51:08,080 --> 00:51:11,040 Without any of the protections that you are so clearly used to. 948 00:51:12,240 --> 00:51:15,800 And I am genuinely sorry that you think I am so sick 949 00:51:16,200 --> 00:51:19,400 that I could somehow get off on your unhappiness now. 950 00:51:19,480 --> 00:51:20,720 Oh, so you don't? 951 00:51:21,240 --> 00:51:22,360 You didn't, today? 952 00:51:22,440 --> 00:51:24,840 I needed my friend today, Harper! 953 00:51:24,920 --> 00:51:27,080 I needed my friend and you used me! 954 00:51:27,160 --> 00:51:28,840 You don't want friends. 955 00:51:29,080 --> 00:51:31,240 You do not want friends. 956 00:51:32,040 --> 00:51:35,120 You want people to make the hierarchy of your world 957 00:51:35,200 --> 00:51:37,760 - make fucking sense to you. - Do you have any capacity 958 00:51:37,840 --> 00:51:40,600 to see beyond the projection of your own insecurities? 959 00:51:40,680 --> 00:51:43,640 Because the most appalling things that you think about yourself 960 00:51:43,720 --> 00:51:45,640 are not how I see you. 961 00:51:45,720 --> 00:51:46,880 How do you see me then? 962 00:51:48,440 --> 00:51:49,680 Does it appall you 963 00:51:49,760 --> 00:51:51,960 that I have somehow managed to make it on my own? 964 00:51:52,240 --> 00:51:53,240 Oh, my god. 965 00:51:53,920 --> 00:51:55,000 You're mental! 966 00:51:57,240 --> 00:52:01,600 You are hardwired to exploit people's vulnerabilities 967 00:52:01,680 --> 00:52:05,480 and all the fucking mental gymnastics of whatever... 968 00:52:06,000 --> 00:52:08,160 I don't know, genetic blame game 969 00:52:08,240 --> 00:52:09,640 or how you were brought up 970 00:52:09,720 --> 00:52:12,680 or, "Oh my, god, my brother, he's an addict" shit 971 00:52:12,840 --> 00:52:15,520 that you spin does not absolve you 972 00:52:15,600 --> 00:52:18,600 of how you choose to act now. 973 00:52:24,840 --> 00:52:26,240 I deserve better than this. 974 00:52:26,960 --> 00:52:27,960 I do. 975 00:52:28,600 --> 00:52:30,840 Everyone deserves better than the way that you treat them. 976 00:52:32,280 --> 00:52:36,000 The way you use and use and fucking take 977 00:52:36,080 --> 00:52:37,480 is disgusting. 978 00:52:38,280 --> 00:52:39,600 It's disgusting. 979 00:52:40,960 --> 00:52:42,600 The way you treat Rob... 980 00:52:43,200 --> 00:52:45,000 and he still chooses you. 981 00:52:45,800 --> 00:52:48,840 He still chooses you every fucking time. 982 00:52:52,880 --> 00:52:57,840 You think that if I wasn't around, Rob would wanna be with you? 983 00:53:00,520 --> 00:53:02,160 He thinks you're deranged. 984 00:53:04,200 --> 00:53:07,640 Being a narcissist with an inferiority complex 985 00:53:07,720 --> 00:53:10,040 doesn't make you an underdog, Harper. 986 00:53:10,120 --> 00:53:13,120 It makes you completely fucking nauseating. 987 00:53:14,400 --> 00:53:17,040 And trust me, I know narcissists. 988 00:53:17,520 --> 00:53:19,640 My dad used to pity himself too. 989 00:53:19,840 --> 00:53:20,840 Right. 990 00:53:21,040 --> 00:53:23,200 And I'm sure you fed into that self-pity... 991 00:53:23,760 --> 00:53:27,360 the same way that you feed into what he and every other man like him 992 00:53:27,440 --> 00:53:28,760 wants you to be... 993 00:53:29,280 --> 00:53:32,600 a fucking sex object and a victim. 994 00:53:33,160 --> 00:53:35,320 Which you conveniently bounced between 995 00:53:35,400 --> 00:53:36,640 whenever it suits you. 996 00:53:39,360 --> 00:53:42,360 You know, I used to think that the worst thing 997 00:53:43,080 --> 00:53:44,320 that you could think about me 998 00:53:44,400 --> 00:53:46,280 and the worst thing that I could think about you 999 00:53:46,360 --> 00:53:47,560 might still be true 1000 00:53:47,960 --> 00:53:50,360 and we might be able to love each other in spite of it. 1001 00:53:50,440 --> 00:53:53,040 But I am certain... 1002 00:53:53,960 --> 00:53:55,440 that that is not the case. 1003 00:53:56,160 --> 00:53:57,680 Like father, like daughter, right? 1004 00:54:00,680 --> 00:54:02,600 Your arrogance is just you overcompensating 1005 00:54:02,680 --> 00:54:04,720 for the fact that you could not be any more 1006 00:54:04,800 --> 00:54:06,720 fucking ordinary. 1007 00:54:08,520 --> 00:54:09,600 And guess what? 1008 00:54:11,000 --> 00:54:12,640 The world can only hide that shit from you 1009 00:54:12,720 --> 00:54:14,080 for so long, Yas. 1010 00:54:15,040 --> 00:54:16,320 You are talentless... 1011 00:54:17,640 --> 00:54:18,760 and useless. 1012 00:54:19,920 --> 00:54:21,880 And a fucking whore. 1013 00:55:25,680 --> 00:55:26,880 You need to stop crying. 1014 00:55:27,640 --> 00:55:28,640 Hi. 1015 00:55:29,240 --> 00:55:31,160 Sorry. I've been looking for you. 1016 00:55:31,320 --> 00:55:32,440 Yeah, we were having... 1017 00:55:33,080 --> 00:55:34,960 what you would say a "session," in our room. 1018 00:55:35,040 --> 00:55:36,040 Yeah. 1019 00:55:36,720 --> 00:55:38,120 A sesh, like a session. 1020 00:55:38,360 --> 00:55:41,080 Vale, I just wanted to apologize 1021 00:55:41,160 --> 00:55:42,320 for what you may have seen. 1022 00:55:42,720 --> 00:55:44,040 Your father and I have a very... 1023 00:55:44,120 --> 00:55:45,120 Don't worry about it. 1024 00:55:46,600 --> 00:55:48,080 I know exactly what he's like. 1025 00:55:48,880 --> 00:55:49,880 Bueno. 1026 00:55:50,360 --> 00:55:52,440 Do you think he'll be coming into town? 1027 00:55:52,840 --> 00:55:55,560 He mentioned he needed a pedicure before Nikki Beach. 1028 00:55:56,160 --> 00:55:58,360 The beauty team in Sóller would like to make arrangements. 1029 00:55:58,920 --> 00:56:00,400 I have no idea. 1030 00:56:01,040 --> 00:56:04,080 I mean, he's been up for, like, two days straight, so... 1031 00:56:04,520 --> 00:56:07,560 Guessing his nap will be just turned into more of like a... 1032 00:56:10,920 --> 00:56:12,120 - a... - Sleep. 1033 00:56:12,200 --> 00:56:13,280 - Sleep. - A sleep. 1034 00:56:13,640 --> 00:56:14,640 Yeah. 1035 00:56:16,040 --> 00:56:17,040 Bueno. 1036 00:56:18,240 --> 00:56:19,880 (Spanish) So this isn't Nikki Beach? 1037 00:56:20,440 --> 00:56:21,960 Where the fuck are we? 1038 00:56:22,440 --> 00:56:23,840 What's the point of sailing a boat 1039 00:56:23,920 --> 00:56:28,160 if we have to drive across the island to get anywhere? 1040 00:56:29,200 --> 00:56:30,720 You look like the loneliest girl 1041 00:56:30,800 --> 00:56:33,160 to have ever had a boat named after her. 1042 00:56:34,760 --> 00:56:38,560 Mallorca is slightly more bourgeoisie... 1043 00:56:39,240 --> 00:56:41,440 I can't believe that prick almost made us miss a res 1044 00:56:41,520 --> 00:56:42,520 at Nikki Beach. 1045 00:56:45,760 --> 00:56:47,400 In some ways, he's already there. 1046 00:56:57,920 --> 00:56:58,920 You know? 74796

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