In New York City's war on crime
the worst criminal offenders are pursued
by the detectives of the Major Case Squad.
These are their stories.
It's almost 1:00.
Yeah, I'm trying to get some information here.
There's something in this Mattawin quarterly report
that I can't figure out.
Bill...
It's not like I'm looking at porn.
This is about our retirement money.
Well, I wish it was porn.
It might inspire you to come to bed.
I'll be there in five minutes.
I got this off the web.
It looks like Tuxedo Hill's hedged losses
are coming back to Mattawin.
I can't understand how that happened.
They've got the biggest accounting firm in the world doing their books.
I'm sure they understand how it happened.
But don't hedged losses have to have
a locked-in sales value?
I've been your broker for 10 years
and God bless you
you are the biggest pain in the ass.
I'm just trying to understand
what these quarterly reports are saying.
They send them to me to read.
They should make sense, no?
I'm supposed to talk to my guy at Mattawin tomorrow.
I'll see what he says.
Usually when brokers tell me they have complaints from shareholders
I don't pay attention, but Venturelli's a smart guy.
Have you discussed this with anyone else?
No. Maybe the lawyers
can come up with some language
before the next earnings estimate comes out.
All right, Harold. Thank you.
I'll look into this.
Ms. Dawson, your plumbing contractor's calling.
He's out at the house.
Put him through. Thank you.
Okay.
DAWSON: The hedged losses
are one thing-- the bigger problem
is how the company's stock is being used
to generate a gain.
I'm not sure I follow.
Mr. Troy
this method of calculating earnings
violates the basic tenets of accounting.
It might even be illegal.
This is a missile
aimed at the heart of the company.
Mattawin may implode because of it.
I put it all in this memo.
I think we should delay releasing our earnings estimate
till this is resolved.
Thank you, Elizabeth.
I, uh, finalized the earnings estimate.
I'm about to send it around for signatures.
Elizabeth Dawson was just in my office.
You should read this, Jack.
Mm, thank you so much for watching her tonight.
Yes, no problem.
See you tomorrow.
Mm-hmm.
Aw, they're not open yet.
[groans]
I still got to take a leak, hmm?
[gently] Hey...
what are you doing here?
There's a little girl over here!
Where are your parents?
What's this in your pocket?
It's a business card
for an Elizabeth Dawson.
Come on, honey, let's get you
warmed up.
Oh, geez...
her coat's covered in blood.
She was brought in about 45 minutes ago.
Hasn't said "boo" to anybody.
Have you tried calling Ms. Dawson?
We called the office number on the card
but got an answering machine.
There was blood on her parka?
It's not hers. She has no injuries.
She just told us her name: Jennifer.
Jennifer...
Jennifer Juniper.
Your mommy ever call you that?
Jennifer, do you know where your mommy is?
Mommy's hurt in the head.
When you were with Mommy, what did you see?
Everything was dark.
Well, were your ears working?
What did you hear?
I heard birdies.
And what about your little nose?
Could you smell anything?
Mommy was stinky.
Well, what did she smell like?
Like fireworks.
They found her...
off Richmond Avenue
four miles from the diner.
Uh, she's alive.
They're just getting her out now.
Her leg was trapped under the steering.
He... get... get...
[coughing weakly]
Where's her other glove?
She wasn't wearing it. All right, let's go.
ELIZABETH: My... daughter...
You smell booze on her?
No.
I don't smell gunpowder in here.
I didn't smell it on her, either.
It might have dissipated
during the time she was lying here.
Or the kid made it up.
Well, kids don't make up that stuff.
Fancy mints.
I want a CSU team to go through this vehicle
for prints, blood, fibers
and I want Ms. Dawson checked for gunpowder residue.
Kids don't make up that stuff.
ELIZABETH: The last thing I remember
I picked up Jennie
from our nanny's house.
I strapped her into her car seat...
th-then, nothing.
I heard Jennie crying.
The car was in the ditch.
How did Jennie get out?
Me. I-I unhooked her.
-[quavering]: -I thought nobody would find us.
I told Jennie to go get help.
She was so brave.
We've been trying to locate your husband.
He's in California on business.
We're getting a divorce.
Uh, where does your nanny live?
Brooklyn.
What were you doing on Staten Island?
I don't know.
You were wearing only one glove
when we found you.
Do you know what happened to the other one?
I don't know.
I want to see Jennie.
I don't know what happened!
I-I don't remember anything.
WOMAN: Of course Mr. and Mrs. Dawson
have arguments--
who will have Jennie, how many days--
but it was months ago; everything is okay now.
Do you usually baby-sit Jennie at your house at night?
No. Um, Mrs. Dawson, she work late.
I had to go home for my boys
so I bring Jennie.
What was Ms. Dawson's mood?
Very, um... very tired.
She worry a lot.
About what... her husband?
A-A boyfriend?
Maybe she has boyfriend.
She doesn't talk about such things with me.
But... you noticed.
When does she see this guy?
Weeknights, weekends?
Weeknights, maybe.
Weekends she go to house in Hamptons with Jennie.
That's all I know.
Okay, thank you for coming in
Ms. Wiazemsky.
Uh, the officer will show you out.
Dawson has a boyfriend, identity unknown.
Good for her.
Her husband has a Smith & Wesson .38 special
duly licensed.
We reached him in San Diego.
He says Ms. Dawson kept custody of the weapon
for self-protection.
Is this going somewhere?
Far as I can tell, this is a car wreck-- not our business.
The lab found
minute traces of gunpowder residue on her coat.
Underline minute.
Ms. Dawson has no idea
how she ended up on Staten Island.
Maybe the Belt Parkway was jammed.
She decided to take the long way home.
I checked the traffic reports.
No traffic jams.
What are we saying happened here?
We don't know.
But the woman has access to a gun
there's a report of a gunpowder smell...
From a child.
Something for the rest of the class?
The mint wrapper in the ashtray--
English brand, Dover's, black peppermint--
very tangy, an acquired taste.
About $50 a box
only one U.S. distributor with maybe 100 customers.
So she likes mints.
Unless a murder victim turns up,this is a car wreck.
Well, what about a murder weapon?
Ms. Dawson
had possession of a handgun
licensed to someone
she's legally separated from.
That's a violation right there--
and grounds for a search warrant.
WOMAN: That's ridiculous.
Ms. Dawson wouldn't have a gun in here.
She'd have to get it past security.
You mean the old lady downstairs
knitting a sweater?
Excuse me.
I'm Karen Milner.
I'm the office manager for the division.
What's going on here?
We're executing a search warrant.
The gentleman has a copy.
A gun?!
Why on earth are you looking for a gun here?
That's what we do.
We already searched her home.
How well do you know Ms. Dawson?
As well as anybody here.
She's a very honest person.
You happen to know her boyfriend?
Elizabeth rarely discusses her private life.
Meaning sometimes she does?
Do you mind giving us a couple of minutes?
So, what did she tell you?
I mean, if she's as honest as you say she is
you shouldn't have a problem answering.
A few days ago, I found her crying in the ladies' room.
She was upset because she thought her boyfriend was cheating on her.
What, any details?
The boyfriend's name, or...
No. I think she was embarrassed
to have even said that much.
Sorry. I have to get back to my desk.
Unlucky at love.
I hope she plays poker.
Yeah. You see these invoices?
Uh-huh. From a plumbing contractor.
It's for her house in the Hamptons.
You notice the date?
Labor and materials
for work done two Saturdays ago.
A plumber who works weekends.
When the lady of the house is in the house.
"Rob Palnick, Plumbing Contractor.
Tottenville."
That's still on Staten Island, isn't it?
They're keeping me one more night for observation.
Well, don't rush it.
We want you back at 100%.
Uh, the earnings estimate has to be filed by end of the week.
We'll still waiting for your signature.
Jack, I told Mr. Troy I'm not signing
until certain issues are addressed.
I know, he showed me your memo.
You should have come to me, Elizabeth.
That would've been a job-terminating move.
You can't actually believe that
not after all these years with the team.
Did your assistant call you?
The police searched your office this morning.
I heard they also searched your home.
Oh, my God.
I don't understand what they're doing.
You should be very careful, Elizabeth.
Get yourself a lawyer.
And never forget
as much as you help us, we can help you.
[knocking on door]
Mr. Palnick, it's the police.
Excuse me!
Have you seen Mr. Palnick?
His truck hasn't moved since Tuesday night.
You saw him Tuesday?
I heard him come home around half past 10:00.
Then I heard his TV go on. Nothing since.
Want to take bets
those are from a .38 Smith & Wesson?
I told you I don't remember anything.
That's not the same as denying it.
Of course she denies it.
Misplacing her husband's handgun--
deny or don't remember?
It was in the lock box at home.
The lock box was empty.
I don't understand.
I didn't kill Rob.
I couldn't.
You met him while you were still married?
No, after I was separated.
He was...
You want a mint?
No, thank you.
You were saying about Rob?
[sighing]
He was very kind, very...
respectful.
He made me laugh.
Are you sure you don't want one?
They're real zesty.
They're English black peppermint.
I had to special order them.
I don't like peppermint.
Can she go on?
Sure.
Uh, uh, he made you laugh?
I'm not saying it was going to turn into anything
but he was the only real person I knew.
The people at work, your friends--
they're not, uh, real?
It's different.
Are you sure you don't want
to take some mints home for your daughter?
She doesn't like them.
I don't know why I'm talking to you.
You're not even listening.
We listen.
We noticed you left out the part
about being upset Rob was cheating on you.
What are you talking about? Rob wasn't cheating.
Somebody found you crying
in the executive washroom.
You deny, or don't remember?
We can help fill in the holes for you.
You drove to Rob's place to confront him.
No, I don't believe that.
You had an argument.
You lost your temper.
It's not possible; I'd remember...
Maybe you're blocking it.
Enough. I-I don't...
The next word my client says on record
will be at her arraignment.
Are you sure?
LAWYER: Your bail can be revoked
if you miss even one court appearance.
I can't believe this is happening to me.
Elizabeth, we cannot afford to make mistakes.
They have very compelling circumstantial evidence.
Now, look, I got to go back and talk to the ADA.
Are you going to be all right?
Yeah, yeah.
Thanks.
Hello, is Jack Crawley there?
Can you interrupt him?
It's very important.
Tell him Elizabeth Dawson needs to talk to him.
I was at the station on Richmond Avenue
near Yukon Avenue.
I was filling up my car with gas
and I saw a silver SUV pull in.
What direction was it coming from?
From the expressway.
That young woman was driving, the one in the newspaper.
That's why I called the police when I saw the paper.
DEAKINS: And what did the woman do?
She parked near the phone booth.
She used the phone-- just for a minute--
then she got back in her car, then she drove off.
What direction?
Back where she came from.
Toward the expressway to the city.
This was around what time?
10:00, 10:15.
Can we get you anything?
Okay.
Dawson would have been on her way to Palnick's
when she pulled into the gas station.
She might have tried calling him.
10:15, he wouldn't have been home yet.
So, she turned around, headed back to the city.
This guy's story clears her.
Um...
Mr. Nelson, how did you pay for your gas?
Cash-- $10.
Self-serve?
Which side of your car is your gas tank?
You don't remember?
Because someone usually fills it up for you?
You go to the full service pump.
Your hands.
You keep them flat.
You have arthritis?
Hurts to close them?
That's why you don't pump your own gas.
I do what I have to.
I want to pull some records on Mr. Nelson.
TV REPORTER: As we head into
the closing minutes before the bell
one of the strongest performers today
has been Mattawin Corporation at three and a half percent--
coming on the heels of a better-than-expected
earnings estimate for the coming quarter.
And there is the closing bell
meaning Mattawin's closing number for the day
is 86 and five-eighths.
[cheering] Bonus time!
[laughter]
Congratulations, everyone.
We worked hard for this
worked as a team, and we can enjoy
the rewards as a team.
We've been climbing this mountain, some of us
for 15 years.
The summit is in sight!
[laughter and cheering]
I have been to the top of the mountain
and I'm here to tell you
the sky is even bluer than you dreamed.
If we keep up the hard work
keep believing in ourselves, in our team
we'll see those blue skies together.
[cheering]
Now, you notice we have a few bottles of wine over here.
I don't know anything about this
but our friend Michael Gergen
tells me we have some mighty fine wine.
Chateau Petrus 1946.
How much is this a bottle, Michael?
$11,000.
[oohing and aahing]
Are you sure we'll have enough?
I ordered five cases.
[laughter and whooping]
CRAWLEY: Enjoy, everybody.
The phone booth records
show a one-minute call to Palnick's number at 10:17
and the gas station records
show a sale of $10 worth of gas
at around the same time.
The old guy's story checks out.
Ms. Dawson's off the hook.
Charles Berke'll be happy.
Who's Charles Berke?
He works at Mattawin, same as Ms. Dawson.
He's an accountant.
Oh, and he's our witness's son-in-law.
What's the implication here? That Mattawin's trying to help a key executive?
Except Nelson's story checks out.
There was a call to Palnick
from the phone booth at the gas station.
There was a sale of $10.00 worth of gas.
Then it's a coincidence Mr. Nelson's son-in-law works for Mattawin.
Except the cashier doesn't remember Mr. Nelson.
Someone bought ten dollars worth of gas
but it might not have been Mr. Nelson.
Is it possible Ms. Dawson did?
That she was laying the ground work for her own alibi
on her way to killing Mr. Palnick?
We showed her photo to the cashier
he doesn't remember her
or her SUV.
Well if not Ms. Dawson, nor Mr. Nelson, then who?
We have no idea.
Except the same day that Mr. Nelson came to see us
Mattawin stock price jumped up three and a half percent.
EAMES: That would make it two coincidences.
One more and it's a conspiracy.
CRAWLEY: We issued a favorable earnings estimate.
Simple as that.
Didn't your friends at the SEC tell you?
They did.
Well, they were right.
They also told us you filed the estimate
at the last possible day.
Was there a problem getting it out?
Just our legal departmentdoing their usual due diligence.
Our friends at the SEC sent us a copy of the estimate.
There's a list of signatures at the end.
The first name's yours.
Well, because I'm the CFO.
That's the Chief Financial Officer.
That's right, CFO, CEO...
VPCF...
I'm not familiar with that acronym.
Oh, I just made it up.
[chuckles]
Yeah, uh, Vice-President of Corporate Finance.
That's what Elizabeth Dawson is.
Her signature's on here, too.
It's required by the SEC.
EAMES: Even though she's accused of murder?
There is a presumption of innocence.
What happens if, for some reason
Ms. Dawson hadn't signed?
Well then we couldn't file the earnings estimate
and the SEC would want to know why.
There's be an inquiry.
That's what our friends at the SEC told us.
I tried to read this.
You guys, you make a lot of money.
What is it exactly Mattawin does?
We buy and sell land and water rights.
EAMES: Buy and sell land and water.
Pretty much covers everything.
It seems that most of your profits came from
your investment in something called Tuxedo Hill.
Is that some kind of land development?
Uh, no.
Uh, do you mind?
The blueprint for a house.
Yes.
Antigua, is that offshore?
That's offshore.
Uh, I know that's
a dirty word these days, but...
You must be doing well, Mr. Crawley.
I'm not in this for my health.
Are we done here?
Uh, no.
What is Tuxedo Hill?
Our friends at the SEC
they couldn't tell us anything about it.
The Tuxedo Hill Group
is a special-purpose partnership
capitalized by third-party equity
to hedge certain Mattawin assets.
We have no idea what you just said.
Unfortunately
I don't have time to give you
a primer in capital assets management
so if you'll excuse me...
Look at that water.
Is this off the coast of Antigua?
Uh... yeah.
It's paradise.
Oh, this is that
gorgeous woman that we met last time, Karen...
Karen Milner.
Is this at a company picnic?
Uh, no.
Ms. Milner and I are engaged.
Now you know the big secret around the water cooler.
EAMES: I don't where that match was made
but it wasn't in heaven.
What a snake oil merchant.
The snake oil he's selling is Tuxedo Hill.
He wasn't anxious to give us the recipe.
Maybe there's a place we can find the ingredients.
Internet chat rooms for stock-pickers.
BILL: I've been trying for a month
to get a straight answer about Tuxedo Hill.
The whole thing doesn't make sense.
Tuxedo Hill's supposed to use third-party equity--
outside investors-- to protect Mattawin's assets.
But, to me, it doesn't look likethose assets are being covered.
And the company rep told my broker, "Don't worry
it's probably just an accounting mistake."
Your broker was happy with that explanation?
He told me the company rep even brought it up
with the VP of Corporate Finance.
Elizabeth Dawson.
Yes.
He said she was going to follow up on it.
Well, I don't know what you're worried about, Mr. Winnick.
Mattawin stock keeps going up.
Yeah, sure.
Except I got a little crystal ball
called the credit- protection market.
It's where banks and big lenders go
to buy insurance on their loans.
And the price of insurance on loan to Mattawin has been going up.
Banks see Mattawin as a bad credit risk?
But are they going to tell the average man?
No way.
These bastards.
They're like a bunch of frat boys playing crooked poker
only they're using our money.
Well, maybe some subpoenas
will get us a seat at that poker game.
I looked at all the filings, disclosures, and offerings.
Bottom line is, these outside investors
Tuxedo Hill's supposed to have
they don't exist.
The investors are Mattawin executives
and board members using Mattawin stock.
I don't understand.
All you need to know is
Mattawin uses Tuxedo Hill
to hide losses and generate paper profits
which they count as actual profits.
To boost Mattawin's stock prices.
Look at it this way:
They're taking air out of the Mattawin balloon
to fill the Tuxedo Hill balloon
which is being used to fill the Mattawin balloon.
They're just pushing hot air around.
A Ponzi scheme.
Close.
The numbers are big. Hundreds of millions.
CARVER: And this is what they needed
Ms. Dawson to sign off on.
Then it's time to go after Mattawin and Tuxedo Hill.
MAN: And all the entities
they spun out of Tuxedo Hill.
There's a dozen other companies
one for each category of assets.
You got mineral rights, residential real estate, transportation...
GORNE: PoolTrans.
From Mattawin's fleet-- cars, trucks
small boats...
We need a search warrant for a private jet.
The DA got every piece of paper from the regulatory agencies.
Legal says the next wave of subpoenas'll
come by the end of the week.
This time they'll be knocking on our door.
I want to make it clear
we intend to comply with any subpoena
and give them everything we have.
I understand perfectly, Jack.
Everything we have when they hand us the subpoena.
EAMES: We'll need to see your flight manifest for that week.
PILOT: Yeah, it's aboard the plane.
Well, it's a tight fit.
Fine for me.
PILOT: Yeah, Tuesday morning.
I picked up two passengers in Memphis and flew them here.
Arrival time was 8:30.
And Tuesday night?
Uh, back to Memphis with the same two gentleman.
Departure time was 1:20 a.m.
It's a tight fit in here.
Do you have any mints?
Uh...
Who were these two gentlemen?
Mattawin employees.
The names aren't on the manifest? No.
We had instructions to pick them up in Memphis.
It's Dover's.
It's the Rolls-Royce of mints.
I thought you might stock these.
PoolTrans was on the customer list the distributor sent us.
What's he going to do?
EAMES: Look for evidence
you transported two murderers.
She has no memory of pulling into that gas station.
But if that's what your witness
said she did, that's what she did.
And the murder charge should be set aside.
That's up to my counterpart on Staten Island.
My concern is something else entirely.
And what is that?
Um...
quid pro quo.
One hand washing the other.
Mattawin's earnings estimate.
This is your, your signature.
You traded it for a witnesswho'd, uh, get you off the hook.
If you're implying
she was suborning perjury...
We know why you wouldn't sign in the first place.
I mean, you knew that Mattawin was using Tuxedo Hill
to cook the books.
You tried to do the ethical thing.
Then along came this murder rap.
They offered to help you.
Witness-in-a-can.
As long as you sign this.
Elizabeth, we don't have to listen to this.
No... they're right.
We are such a crooked company we deserve to get caught.
I knew in my gut that I hadn't killed Rob
but I was desperate.
I was thinking of Jennie.
I called Jack Crawely...
I swear, I did not kill Rob.
We happen to believe you.
It's the mints.
The one's that you don't like.
The one's from the company jet.
We found the same wrapper in your truck.
Somebody left it there.
The same somebody who knocked you unconscious
outside your nanny's house.
Who rolled your car into the ditch.
GOREN: Who stole the gun from your home
and shot Rob Palnick.
They planted just enough evidence
to implicate you.
EAMES: And just enough evidence
to form a basis for an alibi.
GOREN: You were damned with one hand
and saved with the other
just to get your signature on a piece of paper.
Those sons of bitches.
But we're curious as to the motive
of their financial shenanigans.
Was it to increase the value of their Mattawin stock?
That wouldn't help them.
They have stock options.
They're locked in.
They can't sell them without letting the SEC know.
And then that would start a run on the company.
No, it had to be the bonuses.
They get bonuses every time Mattawin stock
hits a target price.
How much, these bonuses?
Walter Troy got $10.5 million and Jack Crawley, $7.5.
Michael Gergen, $3.3...
For this, they killed Rob.
He never did anything to them.
What were they thinking?!
I doubt they gave it any thought at all.
[cries]
We need to pry this murder conspiracy apart.
Elizabeth Dawson alone won't get us there.
Her credibility is tainted.
We need another way to get to Jack Crawley.
So far he's been able to insulate himself.
There might be one thing he left flapping in the wind.
MILNER: It's what I told you the first time.
She was in the bathroom, she was crying
she thought her boyfriend was cheating on her.
Don't you people take notes?
Ms. Dawson says it never happened.
Why would I lie about something like that?
To make her look guilty.
To give her a motive for killing her boyfriend.
And why in the world would I do that?
Because your fiance Jack Crawley asked you to.
Jack is the smartest, most dedicated man I've ever met.
He built Mattawin into a winner through hard work
and pure business genius.
Not mention a little smoke, a few mirrors...
If had any doubts about Mattawin
I wouldn't have invested my savings
nor that of my parents into the company.
That's a cute dog.
Isn't he cute?
What's his name?
Ebit.
Ebit?
Is that because he's such an itty-bitty little doggie?
No.
Jack came up with it.
He said it's the first thing he learned in business school.
It's short for Ebitda--
Earning Before Interest, Taxes...
Depreciation, Amortization.
Look at this collar, it's diamonds.
It's stunning.
Yes.
Jack surprised me with it.
Why, he has excellent taste.
Yes.
But I nearly spoiled the surprise.
How's that?
I walked in on him whenhe was ordering it on the phone.
Really? What'd you hear him say?
I heard him say that he wanted to buy a collar.
That's funny.
You heard him on the phone buying a collar.
What's so funny about that?
He was ordering it from a catalogue.
[chuckles]
Diamonds and dogs.
All the best friends a girl needs.
Crawley bought a lot of collars the last six months.
He did?
We need material witness warrants
for Jack Crawley and Karyn Milner.
We're throwing them an engagement party.
I made it clear I was happy to cooperate
with your investigation.
The witness warrant was unnecessary.
It was the D.A.'s idea. What can I say?
Please, have a seat.
The questions that I have for you
have to do with the way Mattawin calculates earnings.
I don't know anything about that.
I'm not an accountant.
I don't understand what you need to...
GOREN: But you...
What's Jack doing here?
Just listen, Ms. Milner.
...about the questions being raised
on the way Mattawin calculates profits.
The district attorney and the SEC
they'll have their accountants and we'll have ours.
It'll be dueling accountants.
And you're saying that you don't understand
how Mattawin calculates earnings?
No, I'm saying that I rely
on what the accountants and auditors tell me.
And they told me it was appropriate.
Well, don't you read your own financial statements?
I'll let you in on corporate America's dirty secret.
Financial statements are Rubik's Cubes.
Confusion and mystery are built into the design.
They're meant to be inscrutable
unknowable.
Then how does a guy like me
know what stocks to buy?
Ask your Aunt Minnie.
She knows as much as anyone.
The market is 20% perception
80% emotion.
Do you think that high-tech crashed
because people stopped using computers?
No, it was fear.
It was a bubble...
My dear detective
it's all a bubble-- the Dow, the Nasdaq, the Amex--
it's all one big bubble
that floats on the dreamsand ambitions of every American.
It may contract, it may expand but it will never burst...
because of the ingenuity of the American capitalist.
Well, you've given me a lot to think about, Mr. Crawley.
Um... you know, I'll be right back.
This is a smart man you're marrying.
I know.
Would you like to join him?
We're almost done.
Yes, I'd like to.
Have a seat.
We just have a few things to cover.
[door closes]
Ms. Milner heard what you had to say
and I imagine she had much the same reaction as I do.
Your words...
filled me with confidence.
If I had money right now
I'd buy Mattawin stock, wouldn't you?
Without a doubt.
That's why you invested your pension
in Mattawin.
You work for a company, you invest in the company.
I'm sure all the employees did.
Of course.
Because management encouraged you
to buy stock, to lock in pension plan
in the company's bright future.
Yes.
And you...
you own millions of dollars of Mattawin stock options.
I don't keep track of their exact worth.
[tittering]
But you hold onto those stocks
because, you know, you believe in the company.
And if you sold them
you'd have to report it to the SEC and that would
send a terrible signal out into the investment community.
Yes.
The only reason why you'd sell
is if you thought Mattawin was in serious trouble...
which it isn't.
That's correct.
Your fiancee told us you bought a collar a few months ago.
A dog collar, for her dog.
Oh. Yes... no.
Of course.
[chuckling]
You thought I was talking about another collar, didn't you?
No. I don't... No.
It's another new expression that I've learned
"buying a collar."
Want to explain to your fiancee what it means?
Maybe I should.
It means collaring your positionon your stock options.
It's a... a quiet way
of dumping your stocks without sending up a flare
as to what you're doing.
That's something
you've done a lot of the last six months.
In fact...
you've sold all your Mattawin stock.
For a net profit of $73 million.
He didn't tell you?
Maybe he was waiting for your wedding night.
You sold it all?
Karyn...
You told me to put everything I had into the company
everything my parents had.
And all this time you've been selling.
It doesn't matter, we'll be married.
After he makes you sign a pre-nup.
You bastard.
You weasel!
You never even cared about me.
No. No!
He told me to lie to you about Elizabeth.
He set her up.
He said that she...
she wasn't a team player.
A team player, yeah.
The team was a lie.
A lie.
Well....
Put your hands behind your back, please.
No.
Look, I can give you names.
Too late.
There's the closing bell.
The Memphis people, I can get you their names.
Jack Crawley, you're under arrest for murder.
No! Look, I'll give you Walter Troy
and Michael Gergen. Gergen knew!
Your trading days are over, Mr. Crawley.
No! No!
Look, you're going to need me.
And what can you offer
to make up for the misery you prepared to wreak
on thousands of people who trusted you?
What fanatics do to us with guns and bombs
you tried to do with an accounting trick.
Don't you think for a minute that you deserve
anything better than they do.
I'm going to make an announcement to the press.
And then I'm going to call my broker.