In New York City 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.
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're 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 estimates come out.
All right, Harold, thank you. I'll look into this.
Ms. Dawson, the 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 until this is resolved.
Thank you, Elizabeth.
I 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.
( car remote beeps )
- Thank you so much for watching her tonight. - Nanny: No problem.
See you tomorrow.
Woman: Aw, they're not open yet.
Man: Aw, I still got to take a leak.
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, jeez. Her coat's covered in blood.
( theme music playing )
She was brought in about 45 minutes ago.
She hasn't said boo to anybody.
Have you tried calling Ms. Dawson?
We called the office number on the card, 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.
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.
She's alive. They're just getting her out now.
Her leg was trapped under the steering.
( mumbles ) Jen--
- Where's her other glove? - She wasn't wearing it.
Firefighter: All right. Let's go.
- You smell booze on her? - Goren: 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.
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.
Dawson: The last thing I remember...
I picked up Jennie from our nanny's house.
I strapped her into her car seat.
Then nothing.
I heard Jennie crying...
The car was in the ditch.
How did Jennie get out?
Dawson: Me, I unhooked her.
I thought nobody would find us.
I told Jennie to go get help.
She was so brave.
Eames: We've been trying to locate your husband.
He's in California on business. We're getting a divorce.
Where does your nanny live?
Brooklyn.
Goren: 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.
( agitated ) I want to see Jennie.
I don't know what happened. I don't remember anything.
( European accent) 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 babysit Jennie at your house at night?
No. Mrs. Dawson, she worked late.
I had to go home for my boys, so I bring Jennie.
- What was Mrs. Dawson's mood? - Very tired.
She worry a lot.
- About what? - Her husband?
A boyfriend?
Maybe she has a 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 goes to house in Hamptons with Jennie.
That's all I know.
Okay, thank you for coming in, Ms. Wiazemsky.
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.
Deakins: 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.
We checked traffic reports, no traffic jams.
What are you saying happened here?
We don't know. But the woman has access to a gun.
There's a report of a gunpowder smell.
Deakins: 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 US distributor with maybe a hundred customers.
So she likes mints.
Unless a murder victim turns up, this is a car wreck.
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.
It'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 Karyn 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.
Goren: 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?
Goren: 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.
Well, any details? 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.
You see these invoices?
Uh-huh, from a plumbing contractor, 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%.
The earnings estimate has to be filed by end of the week.
We're 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've 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.
( Eames knocking )
Mr. Palnick, it's the police.
Goren: 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.
( bangs )
Want to take bets those are from a .38 Smith & Wesson?
I've 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 lockbox at home.
The lockbox was empty.
I don't understand it.
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?
He was very kind, very... respectful.
He made me laugh.
You sure you don't want one?
They're real zesty.
They're English, black peppermint.
Goren: I had to special order them. I don't like peppermint.
Can she go on?
Sure.
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.
And the people at work, your friends--
they're not real?
It's different.
Are you sure don't want some mints 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-- - Yes.
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?
- No, it's not possible. I'd remember that. - Maybe you're blocking it out.
- I don't-- - Enough.
The next word my client says on record, will be at her arraignment.
Are you sure?
Attorney: Your bail can be revoked
if you miss even one court appearance.
I can't believe this is happening to me.
Elizabeth, we can't afford to make mistakes.
They have very compelling circumstantial evidence.
Now, look, I've got to go back and talk to the ADA.
- Are you going to be all right? - Yes.
Thanks.
(touch tones, faint ringing)
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've 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 story clears her.
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?
It hurts to close them?
That's why you don't pump your own gas.
I do when I have to.
I want to pull some records on Mr. Nelson.
Reporter: As we head into the closing minutes before the bell,
one of the strongest performers today
has been Mattawin Corporation, now up about 3.5%.
That coming on the heels of a better than expected
earnings estimate for the coming quarter.
- ( bell clanging ) - And there is the closing bell.
Meaning Mattawin's closing number for the day is 86 and 5/8.
- Bonus time! - ( applauding )
Congratulations, everyone. We worked hard for this.
Worked as a team.
And we can enjoy the rewards as a team.
(all applauding)
We've been climbing this mountain, some of us, for 15 years.
- The summit is in sight! - ( cheering, applause )
I have been to the top of the mountain,
and I'm here to tell you,
the sky is even bluer than you've dreamed.
If we keep up the hard work,
keep believing in ourselves, in our team,
we'll see those blue skies together.
( others cheering )
You'll 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?
- $11,000. - Group: Whoa!
- Are you sure we'll have enough? - I ordered five cases.
( laughter, applause )
Jack: Enjoy everybody.
Phone booth records show a one-minute call
to Palnick's number at 10:17. 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 will be happy.
- Who's Charles Berke? - He works at Mattawin. Same as Ms. Dawson.
He's an accountant.
Oh-- and he's our witness' son-in-law.
Carver: 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 at the gas station.
There was a sale of $10 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 $10 worth of gas, but it might not have been Mr. Nelson.
Is it possible Ms. Dawson did?
That she was laying the groundwork for her 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's stock price jumped up 3.5%.
Eames: That would make it two coincidences.
One more and it's a conspiracy.
Jack: 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 on the last possible day.
Was there a problem getting it out?
No, just our legal department doing the 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.
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.
Yeah, 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'd 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?
No. Do you mind?
Just...
- The blueprint for a house? - Yes.
- Antigua-- is that offshore? - That's offshore.
I know that's a dirty word these days.
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.
I don't have time to give a primer on capital assets management.
So, if you'll excuse me?
Look at that water.
Is this off the coast of Antigua?
( briskly ) Uh, yeah.
It's paradise.
This is that gorgeous woman that we met last time, Karyn--
- Karyn Milner. - Karyn Milner-- Karyn Milner.
Was this at a company picnic?
Uh, no. Ms. Milner and I are engaged.
Now you know the big secret around the water cooler.
I don't know 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.
Well, maybe there's a place we can find the ingredients--
Internet chat rooms for stock pickers.
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 like those 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.
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 loans 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.
Maybe some subpoenas will get us a seat at that poker game.
I looked at all the filings, disclosures and offerings. The 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 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.
And this is what they needed Ms. Dawson to sign off on?
Then it's time to go after Mattawin and Tuxedo Hill.
Accountant: And all the other 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--
- Goren: "PoolTrans." - For 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 will come by the end of the week.
This time, they'll be knocking on our door.
Crawley: I want to make it clear we intend to comply with any subpoena.
- Give them everything we have. - I understand perfectly, Jack.
Everything we have when they hand us the subpoena.
(shredding, crinkling)
Eames: We'll need to see your flight manifest for that week.
Pilot: It's aboard the plane.
- It's a tight fit. - Fine for me.
Yeah, Tuesday morning I picked up two passengers in Memphis and flew them here.
- Arrival time was 8:30. - And Tuesday night?
Back to Memphis with the same two gentlemen.
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 noted on the manifest? - Eames: No.
We had instructions to pick them up in Memphis.
It's Dover's.
These are 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?
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?
Quid pro quo.
One hand washing the other...?
Mattawin's earnings estimate.
It's your signature.
You traded it for a witness
who'd get you off the hook.
If you're implying she was suborning perjury--
We know why you wouldn't sign in the first place.
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 signed this.
Attorney: 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 Crawley.
I swear, I did not kill Rob.
We happen to believe you.
It's the mints-- the ones that you don't like.
The ones from the company jet.
We found the same wrapper in your truck.
Eames: 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 the 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.
( tearfully ) 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.
Jack Crawley, 7.5.
( choking up ) Michael Gergen, 3.3--
for this, they killed Rob!
He never did anything to them.
( sobs ) What were they thinking?!
I doubt they gave it any thought at all.
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.
Karyn: 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 fiancé, Jack Crawley, asked you to.
Jack is the smartest, most dedicated man I have ever met.
He built Mattawin into a winner
through hard work and pure business genius.
Not to mention a little smoke, a few mirrors.
If I 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 it cute?
- What's his name? - Ebit.
Ebit.
Is that because he's such...
An itty-bitty, little doggy?
No. Jack came up with it.
He said it's the first thing you learn in business school.
It's short for "EBITDA"-- "Earnings before interest,
taxes, depreciation"--
"...amortization."
Look at this collar. It's diamonds. It's stunning.
Yes. Jack surprised me with it.
Well, he has excellent taste.
Yes. But I nearly spoiled the surprise.
How's that?
I walked in on him when he was ordering it on the phone.
Really? What did you hear him say?
I heard him say that he wanted to buy a collar.
( chuckles ) That's funny.
You heard him on the phone buying a collar.
What's so funny about that? He was ordering it from a catalog.
( 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.
Well, I made it clear I was happy to cooperate with your investigation.
The witness warrant was unnecessary.
It was the DA'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--
- What's Jack doing here? - Just listen, Ms. Milner.
Goren: ... and about the questions being raised
on the way Mattawin calculates profits.
The District Attorney, and the SEC,
they'll all 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.
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 are meant to be inscrutable, unknowable.
Then how does a guy like me know what stocks to buy?
- Ask your Aunt Minnie. - ( chuckles )
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 dreams and ambitions of every American.
It may contract, it may expand,
but it will never burst,
because of the ingenuity of the American capitalist.
Wow, you've given me a lot to think about, Mr. Crawley.
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.
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. - Karyn: Of course.
Because management encouraged you to buy stock--
to lock in the 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.
(hissing laugh) Ts-sss...
But you hold on to 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.
And the only reason why you'd sell
is if you thought Mattawin was in serious trouble-- which it isn't.
That's correct.
Your fiancée told us you bought a collar a few months ago.
A dog collar for her dog.
Oh-- yes, no-- of course.
( laughs ) 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."
Do you want to explain to your fiancée what it means?
Maybe I should.
It means collaring your position on your stock options.
It's a quiet way of dumping your stocks
without sending up a flare as to what you’re doing.
It's something you've done a lot of the last six months.
Goren: 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.
Eames: 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 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.
Goren: 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.
( theme song playing )