1 00:00:04,804 --> 00:00:26,726 ♪ ♪ 2 00:00:26,726 --> 00:00:34,801 [CHEERS AND APPLAUSE] 3 00:00:34,801 --> 00:00:35,402 John: WELCOME, WELCOME, 4 00:00:35,402 --> 00:00:36,035 WELCOME TO "LAST WEEK TONIGHT!" 5 00:00:36,035 --> 00:00:36,403 I'M JOHN OLIVER. 6 00:00:36,403 --> 00:00:37,270 THANKS SO MUCH FOR JOINING US. 7 00:00:37,270 --> 00:00:38,104 IT'S BEEN A BUSY WEEK. 8 00:00:38,104 --> 00:00:39,806 THE ICC PUT OUT A WARRANT FOR 9 00:00:39,806 --> 00:00:41,574 PUTIN'S ARREST, JOE BIDEN OPENED 10 00:00:41,574 --> 00:00:43,042 UP FEDERAL LANDS IN ALASKA FOR 11 00:00:43,042 --> 00:00:45,178 DRILLING, DESPITE SPECIFICALLY 12 00:00:45,178 --> 00:00:47,414 PROMISING HE WOULDN'T, AND TRUMP 13 00:00:47,414 --> 00:00:48,248 CLAIMED HE MIGHT GET ARRESTED 14 00:00:48,248 --> 00:00:48,848 NEXT WEEK. 15 00:00:48,848 --> 00:00:50,784 AND IF YOU'RE WONDERING HOW HE'S 16 00:00:50,784 --> 00:00:52,252 DOING, DON'T WORRY, BECAUSE IN 17 00:00:52,252 --> 00:00:54,120 THIS VIDEO "HE RELEASED," 18 00:00:54,120 --> 00:00:55,288 DIRECTED TOWARD FARMERS, IT 19 00:00:55,288 --> 00:00:56,823 SEEMS LIKE HE'S DOING GREAT. 20 00:00:56,823 --> 00:00:59,826 I MADE FARMERS HAPPY AND RICH 21 00:00:59,826 --> 00:01:01,961 AGAIN, AND THEY'RE DOING A 22 00:01:01,961 --> 00:01:03,396 FANTASTIC JOB, AND YOU KNOW 23 00:01:03,396 --> 00:01:05,865 WHAT? 24 00:01:05,865 --> 00:01:07,500 SOMEDAY, IT'LL BECOME TIME FOR 25 00:01:07,500 --> 00:01:11,738 THEM TO LEAVE THIS BEAUTIFUL 26 00:01:11,738 --> 00:01:14,507 EARTH, AND THEY'LL BE ABLE TO 27 00:01:14,507 --> 00:01:16,009 LEAVE THEIR FARM WITHOUT TAXES, 28 00:01:16,009 --> 00:01:18,077 TO THEIR CHILDREN. 29 00:01:18,077 --> 00:01:20,947 I GOT RID OF THE DEATH TAX ON 30 00:01:20,947 --> 00:01:22,782 FARMS SO THAT WHEN YOU DO PASS 31 00:01:22,782 --> 00:01:24,851 AWAY ON THE ASSUMPTION THAT YOU 32 00:01:24,851 --> 00:01:27,787 LOVE YOUR CHILDREN, YOU CAN 33 00:01:27,787 --> 00:01:28,822 LEAVE IT TO THEM AND THEY WON'T 34 00:01:28,822 --> 00:01:30,723 HAVE TO PAY TAX. 35 00:01:30,723 --> 00:01:32,725 BUT IF YOU DON'T LOVE YOUR 36 00:01:32,725 --> 00:01:33,793 CHILDREN SO MUCH AND THERE ARE 37 00:01:33,793 --> 00:01:37,030 SOME PEOPLE THAT DON'T, AND 38 00:01:37,030 --> 00:01:38,765 MAYBE DESERVEDLY SO, IT WON'T 39 00:01:38,765 --> 00:01:39,899 MATTER BECAUSE FRANKLY, YOU 40 00:01:39,899 --> 00:01:41,000 DON'T HAVE TO LEAVE THEM 41 00:01:41,000 --> 00:01:41,701 ANYTHING. 42 00:01:41,701 --> 00:01:42,435 THANK YOU VERY MUCH. 43 00:01:42,435 --> 00:01:47,006 HAVE FUN. 44 00:01:47,006 --> 00:01:47,440 John: I MEAN. 45 00:01:47,440 --> 00:01:48,708 HE'S STILL GOT IT! 46 00:01:48,708 --> 00:01:53,313 AND BY IT, I MEAN WHATEVER IT IS 47 00:01:53,313 --> 00:01:54,614 THAT'S SO DEEPLY WRONG WITH HIS 48 00:01:54,614 --> 00:01:54,948 BRAIN. 49 00:01:54,948 --> 00:01:55,715 DO YOU KNOW HOW MUCH YOU HAVE TO 50 00:01:55,715 --> 00:01:57,050 HATE YOUR KIDS TO GET DISTRACTED 51 00:01:57,050 --> 00:01:57,817 BY THAT THOUGHT IN THE MIDDLE OF 52 00:01:57,817 --> 00:01:58,218 A POLITICAL SPEECH? 53 00:01:58,218 --> 00:01:59,586 "WE SHOULD HAVE PULLED OUT 54 00:01:59,586 --> 00:02:01,354 TROOPS FROM THE REGION SOONER. 55 00:02:01,354 --> 00:02:03,223 SPEAKING OF REGRETTING NOT 56 00:02:03,223 --> 00:02:04,691 PULLING OUT SOONER, DON JR." 57 00:02:04,691 --> 00:02:06,826 AND THEY SHOT THAT WITH TWO 58 00:02:06,826 --> 00:02:08,094 CAMERAS! 59 00:02:08,094 --> 00:02:10,463 THEY CUT SOMETHING OUT THERE, 60 00:02:10,463 --> 00:02:12,098 AND GIVEN WHAT THEY KEPT IN, I'M 61 00:02:12,098 --> 00:02:15,235 DYING TO KNOW WHAT IT WAS. 62 00:02:15,235 --> 00:02:16,703 AND THEN TO STICK THE LANDING 63 00:02:16,703 --> 00:02:17,303 WITH "HAVE FUN?" 64 00:02:17,303 --> 00:02:20,740 IT'S IMPECCABLE. 65 00:02:20,740 --> 00:02:21,307 IT'S ALL JUST IMPECCABLE. 66 00:02:21,307 --> 00:02:22,609 BUT THIS WEEK'S BEEN DOMINATED 67 00:02:22,609 --> 00:02:23,843 BY THE CONTINUING FALLOUT OF THE 68 00:02:23,843 --> 00:02:25,712 COLLAPSE OF SILICON VALLEY BANK. 69 00:02:25,712 --> 00:02:27,146 EARLY MONDAY, BIDEN SPOKE OUT TO 70 00:02:27,146 --> 00:02:28,581 TRY AND STEM ANY PANIC. 71 00:02:28,581 --> 00:02:29,816 PRESIDENT BIDEN SOUGHT TO 72 00:02:29,816 --> 00:02:31,317 ASSURE THE COUNTRY BEFORE 73 00:02:31,317 --> 00:02:32,118 MARKETS OPENED THIS MORNING. 74 00:02:32,118 --> 00:02:35,088 AMERICANS CAN HAVE CONFIDENCE 75 00:02:35,088 --> 00:02:36,122 THAT THE BANKING SYSTEM IS SAFE. 76 00:02:36,122 --> 00:02:37,824 THE NEWS IS WELCOME RELIEF 77 00:02:37,824 --> 00:02:39,392 FOR BEN KAUFMAN, FOUNDER AND CEO 78 00:02:39,392 --> 00:02:41,194 OF KIDS' STORE CAMP. 79 00:02:41,194 --> 00:02:43,263 MOST OF HIS COMPANY'S MONEY WAS 80 00:02:43,263 --> 00:02:44,697 IN SVB WHEN THE BANK WENT UNDER. 81 00:02:44,697 --> 00:02:46,366 DESPERATE TO RAISE CASH, HIS 82 00:02:46,366 --> 00:02:48,735 COMPANY SLASHED PRICES BY 40%. 83 00:02:48,735 --> 00:02:49,602 WE SENT OUT AN EMAIL WITH A 84 00:02:49,602 --> 00:02:50,904 DISCOUNT CODE. 85 00:02:50,904 --> 00:02:52,705 THE CODE WAS "BANK RUN." 86 00:02:52,705 --> 00:02:54,240 John: OKAY, I SEE WHAT HE'S 87 00:02:54,240 --> 00:02:54,574 DOING THERE. 88 00:02:54,574 --> 00:02:56,175 BUT IF YOU WEREN'T FOLLOWING THE 89 00:02:56,175 --> 00:02:58,411 NEWS, GETTING AN EMAIL WITH THE 90 00:02:58,411 --> 00:02:59,646 DISCOUNT CODE "BANK RUN" IS 91 00:02:59,646 --> 00:03:00,513 PRETTY ALARMING. 92 00:03:00,513 --> 00:03:01,514 "HEY, HONEY, REMEMBER THAT 93 00:03:01,514 --> 00:03:03,182 LITTLE SHOP WHERE WE GOT A 94 00:03:03,182 --> 00:03:04,751 BIRTHDAY PRESENT FOR YOUR NIECE? 95 00:03:04,751 --> 00:03:05,952 THEY'RE OFFERING 70% OFF WITH 96 00:03:05,952 --> 00:03:07,587 THE PROMO CODE: LAST RESORT THE 97 00:03:07,587 --> 00:03:08,821 WORLD IS ON FIRE. 98 00:03:08,821 --> 00:03:15,795 IS EVERYTHING OKAY?" 99 00:03:15,795 --> 00:03:16,429 DO WE NEED TO TURN ON THE NEWS? 100 00:03:16,429 --> 00:03:17,063 YOU'VE PROBABLY SEEN A BUNCH OF 101 00:03:17,063 --> 00:03:17,697 EXPLAINERS THIS WEEK, SO I WON'T 102 00:03:17,697 --> 00:03:18,431 BORE YOU WITH EVERY LITTLE 103 00:03:18,431 --> 00:03:18,798 DETAIL. 104 00:03:18,798 --> 00:03:19,399 BUT BROADLY SPEAKING, SVB HAD 105 00:03:19,399 --> 00:03:20,133 INVESTED A LOT OF ITS CUSTOMERS' 106 00:03:20,133 --> 00:03:20,700 MONEY IN LONG-TERM TREASURY 107 00:03:20,700 --> 00:03:22,368 BONDS. 108 00:03:22,368 --> 00:03:23,570 BUT AS THE FED SHARPLY RAISED 109 00:03:23,570 --> 00:03:24,437 INTEREST RATES, THOSE BONDS LOST 110 00:03:24,437 --> 00:03:25,672 VALUE. 111 00:03:25,672 --> 00:03:27,073 AND WHEN THE BANK SOLD A LOT OF 112 00:03:27,073 --> 00:03:29,108 ITS SECURITIES AT A HUGE LOSS, 113 00:03:29,108 --> 00:03:30,209 ITS CUSTOMERS PANICKED, AND 114 00:03:30,209 --> 00:03:31,210 THERE WAS A STAMPEDE FOR THE 115 00:03:31,210 --> 00:03:31,911 EXITS. 116 00:03:31,911 --> 00:03:33,479 IT'S ESSENTIALLY A CLASSIC STORY 117 00:03:33,479 --> 00:03:35,882 OF A BANK DOING A LOUSY JOB OF 118 00:03:35,882 --> 00:03:38,084 JUDGING AND HEDGING AGAINST 119 00:03:38,084 --> 00:03:40,787 RISKS. 120 00:03:40,787 --> 00:03:43,122 ALTHOUGH, IF YOU'RE FOX NEWS, 121 00:03:43,122 --> 00:03:43,723 THERE IS ANOTHER EXPLANATION. 122 00:03:43,723 --> 00:03:44,357 SILICON VALLEY BANK IS A WOKE 123 00:03:44,357 --> 00:03:44,657 BIDEN BANK. 124 00:03:44,657 --> 00:03:45,992 NOW, SVB WAS CALIFORNIA'S 125 00:03:45,992 --> 00:03:47,927 WOKE, TRENDY BANK. 126 00:03:47,927 --> 00:03:49,462 HERE'S MY CONCERN, THIS IS A 127 00:03:49,462 --> 00:03:50,697 WOKE BANK. 128 00:03:50,697 --> 00:03:52,265 DID SILICON VALLEY BANK GET 129 00:03:52,265 --> 00:03:54,467 WOKE AND GO BROKE? 130 00:03:54,467 --> 00:03:55,134 John: WHAT ARE YOU TALKING 131 00:03:55,134 --> 00:03:58,338 ABOUT? 132 00:03:58,338 --> 00:03:58,905 THAT IS SO STUPID I'M ALMOST 133 00:03:58,905 --> 00:03:59,706 JEALOUS. 134 00:03:59,706 --> 00:04:01,240 BECAUSE IT MUST BE SO NICE FOR 135 00:04:01,240 --> 00:04:02,609 THEM, TO BE ABLE TO 136 00:04:02,609 --> 00:04:04,410 AUTOMATICALLY BLAME EVERYTHING 137 00:04:04,410 --> 00:04:05,044 THEY DON'T LIKE OR UNDERSTAND ON 138 00:04:05,044 --> 00:04:06,179 WOKENESS. 139 00:04:06,179 --> 00:04:07,513 "IT RAINED ON MY BIRTHDAY 140 00:04:07,513 --> 00:04:09,115 BECAUSE OF CRITICAL RACE THEORY 141 00:04:09,115 --> 00:04:10,283 AND MY SON CALLED ME A BITCH 142 00:04:10,283 --> 00:04:12,285 BECAUSE OF SOCIALISM, AND ON TOP 143 00:04:12,285 --> 00:04:13,586 OF ALL THAT, I WAS LATE TO WORK 144 00:04:13,586 --> 00:04:14,787 BECAUSE OF A BUNCH OF PRONOUNS. 145 00:04:14,787 --> 00:04:18,024 I BELIEVE THESE THINGS MIND BODY 146 00:04:18,024 --> 00:04:18,958 SOUL AND IT MAKES MY LIFE 147 00:04:18,958 --> 00:04:20,426 MONUMENTALLY EASIER." 148 00:04:20,426 --> 00:04:21,861 AND THE FULL CONTEXT FOR THE 149 00:04:21,861 --> 00:04:23,396 "WOKE BANK" NARRATIVE IS SOMEHOW 150 00:04:23,396 --> 00:04:25,665 EVEN DUMBER THAN YOU THINK. 151 00:04:25,665 --> 00:04:27,100 BASICALLY, FOX GRABBED ONTO SOME 152 00:04:27,100 --> 00:04:28,635 OF SVB'S DIVERSITY INITIATIVES, 153 00:04:28,635 --> 00:04:30,303 AND TRIED TO SPIN THOSE INTO THE 154 00:04:30,303 --> 00:04:31,638 REASON FOR THE COLLAPSE, EVEN 155 00:04:31,638 --> 00:04:33,473 THOUGH, AS ONE EXPERT IN 156 00:04:33,473 --> 00:04:34,607 CONSUMER FINANCE POINTED OUT. 157 00:04:34,607 --> 00:04:36,376 "IT HAD NOTHING TO DO WITH IT," 158 00:04:36,376 --> 00:04:37,977 ADDING THAT TRYING TO TIE THE 159 00:04:37,977 --> 00:04:40,146 TWO TOGETHER IS LIKE SAYING, 160 00:04:40,146 --> 00:04:41,547 "WHY ISN'T BLUE THE ANSWER TO 1 161 00:04:41,547 --> 00:04:42,915 PLUS 1? 162 00:04:42,915 --> 00:04:44,350 IT'S BANKING 101. 163 00:04:44,350 --> 00:04:46,052 THAT'S WHAT WAS GOING ON." 164 00:04:46,052 --> 00:04:47,820 AND OF COURSE! 165 00:04:47,820 --> 00:04:50,089 HEDGING AGAINST RISK IS A 166 00:04:50,089 --> 00:04:51,691 FOUNDATIONAL LESSON OF BANKING, 167 00:04:51,691 --> 00:04:53,092 ALONG WITH "BUY LOW, SELL HIGH" 168 00:04:53,092 --> 00:04:54,460 AND "WEAR A FANCY SUIT AND TIE 169 00:04:54,460 --> 00:04:55,561 SO NO ONE CAN TELL YOU HAVE NO 170 00:04:55,561 --> 00:04:56,095 IDEA WHAT THE FUCK YOU'RE 171 00:04:56,095 --> 00:04:58,564 DOING." 172 00:04:58,564 --> 00:04:59,866 AND TO BE HONEST, THAT ONE IS 173 00:04:59,866 --> 00:05:02,035 STILL PRETTY HANDY. 174 00:05:02,035 --> 00:05:03,069 AND LOOK, WE'LL UNDOUBTEDLY 175 00:05:03,069 --> 00:05:04,671 LEARN MORE ABOUT EXACTLY WHAT 176 00:05:04,671 --> 00:05:05,304 HAPPENED AT SVB IN THE COMING 177 00:05:05,304 --> 00:05:06,139 WEEKS. 178 00:05:06,139 --> 00:05:07,407 BUT THEY WEREN'T THE ONLY 179 00:05:07,407 --> 00:05:08,241 FINANCIAL INSTITUTION THAT WENT 180 00:05:08,241 --> 00:05:08,741 DOWN. 181 00:05:08,741 --> 00:05:10,877 SIGNATURE BANK ALSO WENT UNDER, 182 00:05:10,877 --> 00:05:12,078 AFTER A SIMILAR RUN BY 183 00:05:12,078 --> 00:05:12,979 DEPOSITORS. 184 00:05:12,979 --> 00:05:14,714 AND ALREADY, WE'RE LEARNING MORE 185 00:05:14,714 --> 00:05:15,915 THAN ANYONE WANTED TO KNOW ABOUT 186 00:05:15,915 --> 00:05:17,650 WHAT WAS GOING ON INSIDE IT. 187 00:05:17,650 --> 00:05:18,685 BECAUSE WHAT YOU'RE ABOUT TO SEE 188 00:05:18,685 --> 00:05:20,253 MAY BE ONE OF THE LEAST 189 00:05:20,253 --> 00:05:21,587 CONSEQUENTIAL DECISIONS THEY 190 00:05:21,587 --> 00:05:22,789 MADE, BUT IT WAS DEFINITELY THE 191 00:05:22,789 --> 00:05:24,390 MOST EMBARRASSING. 192 00:05:24,390 --> 00:05:26,159 TOP EXECUTIVES AT SIGNATURE 193 00:05:26,159 --> 00:05:28,428 BANK PLAY THEMSELVES IN A SERIES 194 00:05:28,428 --> 00:05:30,263 OF WACKY PROMOTIONAL VIDEOS. 195 00:05:30,263 --> 00:05:31,764 IS THERE A BOOK, "HOW TO 196 00:05:31,764 --> 00:05:32,799 BUILD A BANK FOR DUMMIES?" 197 00:05:32,799 --> 00:05:33,866 THE OVER-THE-TOP VIDEOS 198 00:05:33,866 --> 00:05:36,703 FEATURE BANK EMPLOYEES IN 199 00:05:36,703 --> 00:05:38,538 CRINGEWORTHY SONG AND DANCE 200 00:05:38,538 --> 00:05:38,771 NUMBERS. 201 00:05:38,771 --> 00:05:40,139 THIS SIGNATURE VIDEO IS ALSO 202 00:05:40,139 --> 00:05:44,010 EERILY PROPHETIC. 203 00:05:44,010 --> 00:05:45,278 ♪ WHAT POSSIBLE FATE WILL 204 00:05:45,278 --> 00:05:48,114 BECOME OF OUR BANK OTHER THAN TO 205 00:05:48,114 --> 00:05:49,615 DIMINISH AND FAIL? ♪ 206 00:05:49,615 --> 00:05:50,717 I HAPPEN TO KNOW FOR A FACT, 207 00:05:50,717 --> 00:05:52,151 THAT WON'T HAPPEN. 208 00:05:52,151 --> 00:05:54,187 John: HOLY SHIT! 209 00:05:54,187 --> 00:05:56,255 IN TERMS OF THINGS THAT HAVE 210 00:05:56,255 --> 00:05:58,124 AGED BADLY, I'D SAY THIS FALLS 211 00:05:58,124 --> 00:05:59,726 SOMEWHERE BETWEEN MID-AUGHTS 212 00:05:59,726 --> 00:06:01,694 GWEN STEFANI, MY ACTUAL BODY, 213 00:06:01,694 --> 00:06:04,330 AND THE OCTOBER 1976 COVER OF 214 00:06:04,330 --> 00:06:08,935 SESAME STREET MAGAZINE. 215 00:06:08,935 --> 00:06:13,139 THEY DIDN'T NOW! 216 00:06:13,139 --> 00:06:13,740 I'M ASSUMING THEY DIDN'T NOW! 217 00:06:13,740 --> 00:06:14,307 LOOK, THERE'S A LOT WE STILL 218 00:06:14,307 --> 00:06:14,941 HAVE TO LEARN HERE. 219 00:06:14,941 --> 00:06:16,042 FIGURES LIKE ELIZABETH WARREN 220 00:06:16,042 --> 00:06:18,010 ARE POINTING TO THE 2018 LAW 221 00:06:18,010 --> 00:06:19,178 THAT ROLLED BACK SOME OF THE 222 00:06:19,178 --> 00:06:20,713 DODD-FRANK ACT, WHICH REMOVED 223 00:06:20,713 --> 00:06:22,348 INSTITUTIONS LIKE SVB AND 224 00:06:22,348 --> 00:06:24,016 SIGNATURE-- BASICALLY, ALL BUT 225 00:06:24,016 --> 00:06:27,186 THE BIGGEST BANKS-- FROM THE 226 00:06:27,186 --> 00:06:27,854 HIGHEST LEVEL OF SCRUTINY, LIKE 227 00:06:27,854 --> 00:06:28,621 MORE FREQUENT STRESS-TEST 228 00:06:28,621 --> 00:06:29,422 REQUIREMENTS. 229 00:06:29,422 --> 00:06:30,590 AND WHILE SOME WILL PUSH BACK ON 230 00:06:30,590 --> 00:06:32,658 THAT, SAYING THE ROLLED-BACK 231 00:06:32,658 --> 00:06:34,427 RULES AND REGULATIONS COULDN'T 232 00:06:34,427 --> 00:06:35,027 HAVE PREVENTED THIS WEEK, AND 233 00:06:35,027 --> 00:06:36,062 THAT THEY ALREADY HAVE MORE THAN 234 00:06:36,062 --> 00:06:37,430 SUFFICIENT CONTROLS IN PLACE, 235 00:06:37,430 --> 00:06:39,065 WARREN HAS A PRETTY SOLID 236 00:06:39,065 --> 00:06:40,433 RESPONSE TO THAT. 237 00:06:40,433 --> 00:06:41,467 WE'VE HAD A NUMBER OF THOSE 238 00:06:41,467 --> 00:06:44,103 CEO'S ON THE SHOWS IN THE LAST 239 00:06:44,103 --> 00:06:46,606 FEW DAYS, FIFTH THIRD, SCHWAB, 240 00:06:46,606 --> 00:06:47,507 THEY DO THEIR OWN STRESS 241 00:06:47,507 --> 00:06:48,174 TESTING. 242 00:06:48,174 --> 00:06:50,143 NOT-NOT EVERYONE WAS BEHAVING IN 243 00:06:50,143 --> 00:06:52,011 A RISK PROFILE, IN A RISK MANNER 244 00:06:52,011 --> 00:06:54,113 THAT SILICON VALLEY BANK WAS. 245 00:06:54,113 --> 00:06:55,815 I'M SORRY. 246 00:06:55,815 --> 00:06:57,817 I TAUGHT SCHOOL FOR MANY, MANY 247 00:06:57,817 --> 00:06:58,484 YEARS. 248 00:06:58,484 --> 00:07:00,086 AND I DID NOT LET MY STUDENTS DO 249 00:07:00,086 --> 00:07:01,354 THEIR OWN TESTING. 250 00:07:01,354 --> 00:07:04,290 John: RIGHT. 251 00:07:04,290 --> 00:07:05,191 CLEARLY BANKS CAN'T BE TRUSTED 252 00:07:05,191 --> 00:07:05,758 TO SELF-REGULATE. 253 00:07:05,758 --> 00:07:07,560 THAT SHOULD BE INCREDIBLY 254 00:07:07,560 --> 00:07:09,028 OBVIOUS, LIKE THE FACT THAT "THE 255 00:07:09,028 --> 00:07:10,062 SKY IS BLUE" OR "GUY FIERI IS A 256 00:07:10,062 --> 00:07:11,898 GENEROUS LOVER." 257 00:07:11,898 --> 00:07:14,033 FLAVORTOWN IS A STATE OF MIND, 258 00:07:14,033 --> 00:07:15,601 AND HE'LL MAKE SURE YOU GET 259 00:07:15,601 --> 00:07:17,670 THERE. 260 00:07:17,670 --> 00:07:19,205 AND IT'S NOT A GREAT SIGN THAT 261 00:07:19,205 --> 00:07:20,506 AN INVESTIGATION INTO WHETHER 262 00:07:20,506 --> 00:07:22,041 THE FED WAS DERELICT IN 263 00:07:22,041 --> 00:07:22,909 OVERSEEING SVB HAS BEEN 264 00:07:22,909 --> 00:07:23,843 ENTRUSTED TO... 265 00:07:23,843 --> 00:07:25,344 THE FED. 266 00:07:25,344 --> 00:07:26,612 LOOK, OVERALL, IT SEEMS LIKE THE 267 00:07:26,612 --> 00:07:28,014 PEOPLE IN CHARGE OF KEEPING OUR 268 00:07:28,014 --> 00:07:32,084 ECONOMY SAFE WILL JUST KEEP 269 00:07:32,084 --> 00:07:33,486 TELLING US, "TRUST US, WE CAN 270 00:07:33,486 --> 00:07:34,720 POLICE OURSELVES, NOTHING WILL 271 00:07:34,720 --> 00:07:35,188 GO WRONG." 272 00:07:35,188 --> 00:07:36,155 BUT IF I MAY QUOTE A FORMER 273 00:07:36,155 --> 00:07:37,490 LEADING MAN CURRENTLY LOOKING 274 00:07:37,490 --> 00:07:41,294 FOR WORK, YOU KNOW WHAT? 275 00:07:41,294 --> 00:07:42,628 THIS TIME, I THINK YOU MIGHT 276 00:07:42,628 --> 00:07:44,063 ACTUALLY BE RIGHT. 277 00:07:44,063 --> 00:07:45,531 AND NOW THIS. 278 00:07:45,531 --> 00:07:47,200 Announcer: AND NOW, 279 00:07:47,200 --> 00:07:51,170 FOR ST. PATRICK'S DAY, LOCAL 280 00:07:51,170 --> 00:07:53,172 NEWS DID WHAT THEY ALWAYS 281 00:07:53,172 --> 00:07:54,874 FUCKING DO. 282 00:07:54,874 --> 00:08:03,015 WELL, TOP OF THE MORNING, 283 00:08:03,015 --> 00:08:04,283 WELCOME TO THIS IRISH EDITION. 284 00:08:04,283 --> 00:08:05,117 I'M NOT DOING AN ACCENT. 285 00:08:05,117 --> 00:08:05,918 TOP OF THE MORNING TO YOU. 286 00:08:05,918 --> 00:08:09,388 FINE IRISH DAY. 287 00:08:09,388 --> 00:08:15,228 TOP OF THE MORNING TO YOU. 288 00:08:15,228 --> 00:08:17,597 ST. PADDY'S DAY, TOP OF THE 289 00:08:17,597 --> 00:08:18,231 MORNING TO YOU. 290 00:08:18,231 --> 00:08:19,498 TOP OF THE MORNING. 291 00:08:19,498 --> 00:08:20,032 YOU DIDN'T INSULT A SINGLE 292 00:08:20,032 --> 00:08:21,200 PERSON. 293 00:08:21,200 --> 00:08:24,003 TOP OF THE MORNING TO YOU. 294 00:08:24,003 --> 00:08:28,541 CAN YOU DO AN IRISH ACCENT? 295 00:08:28,541 --> 00:08:30,543 I HAVE NO CLUE. 296 00:08:30,543 --> 00:08:31,911 THAT WAS NOT A VERY GOOD 297 00:08:31,911 --> 00:08:32,745 ST. PADDY'S DAY ACCENT. 298 00:08:32,745 --> 00:08:33,779 GREEN HELPS YOU BECOME 299 00:08:33,779 --> 00:08:41,587 INVISIBLE TO LEPRECHAUNS. 300 00:08:41,587 --> 00:08:42,221 TOO TALL TO BE A LEPRECHAUN. 301 00:08:42,221 --> 00:08:42,755 HE'S GOT HIS FISHERMAN 302 00:08:42,755 --> 00:08:43,055 SWEATER ON. 303 00:08:43,055 --> 00:08:43,656 THE LORE BEHIND THE FISHERMAN 304 00:08:43,656 --> 00:08:43,890 SWEATER. 305 00:08:43,890 --> 00:08:44,190 TELL ME. 306 00:08:44,190 --> 00:08:44,824 WHEN THE SEAMEN WOULD GO OUT, 307 00:08:44,824 --> 00:08:46,158 THEY WOULD WEAR UNFORTUNATELY, 308 00:08:46,158 --> 00:08:49,829 SOME OF THEM WOULDN'T COME BACK, 309 00:08:49,829 --> 00:08:51,130 THEY COME BACK-- THE SHIPS 310 00:08:51,130 --> 00:08:52,231 WOULD SINK LIKE THAT AND THE 311 00:08:52,231 --> 00:08:54,000 BODIES WOULD WASH UP AND THEY'D 312 00:08:54,000 --> 00:08:55,301 BE ABLE TO IDENTIFY THE FAMILY 313 00:08:55,301 --> 00:09:00,740 BY THE KIND OF SWEATER. 314 00:09:00,740 --> 00:09:01,207 I UNDERSTAND THAT. 315 00:09:01,207 --> 00:09:01,674 THAT'S FROM WHAT I 316 00:09:01,674 --> 00:09:05,177 UNDERSTAND. 317 00:09:05,177 --> 00:09:09,482 TOP OF THE MORNING TO YOU. 318 00:09:09,482 --> 00:09:10,416 TOP OF THE MORNING. 319 00:09:10,416 --> 00:09:12,418 John: MOVING ON. 320 00:09:12,418 --> 00:09:12,952 WITH IT BEING SPRING BREAK 321 00:09:12,952 --> 00:09:14,353 SEASON, OUR MAIN STORY TONIGHT 322 00:09:14,353 --> 00:09:15,321 CONCERNS VACATIONS. 323 00:09:15,321 --> 00:09:16,622 A WONDERFUL TIME TO REALIZE 324 00:09:16,622 --> 00:09:17,990 YOU'RE IN LOVE WITH SOMEONE, OR 325 00:09:17,990 --> 00:09:19,625 REALIZE THAT YOU ARE ABSOLUTELY 326 00:09:19,625 --> 00:09:21,060 NOT. 327 00:09:21,060 --> 00:09:22,328 AND BE HONEST, YOU KNEW IN THE 328 00:09:22,328 --> 00:09:23,763 TSA LINE BEFORE THE FLIGHT. 329 00:09:23,763 --> 00:09:25,131 KEEP THE STREAMING PASSWORDS FOR 330 00:09:25,131 --> 00:09:27,266 AS LONG AS YOU CAN BUT DO GIVE 331 00:09:27,266 --> 00:09:29,902 BACK HIS GRANDMOTHER'S RING. 332 00:09:29,902 --> 00:09:30,469 SPECIFICALLY, WE'RE GOING TO 333 00:09:30,469 --> 00:09:30,937 TALK ABOUT TIMESHARES. 334 00:09:30,937 --> 00:09:32,305 AND SOME OF YOU MIGHT BE 335 00:09:32,305 --> 00:09:33,606 THINKING, "WAIT, ARE YOU GOING 336 00:09:33,606 --> 00:09:34,907 TO TELL ME THEY'RE A SCAM? 337 00:09:34,907 --> 00:09:36,342 BECAUSE SURELY EVERYONE KNOWS 338 00:09:36,342 --> 00:09:37,977 THAT." 339 00:09:37,977 --> 00:09:38,744 AND IT IS TRUE THAT THE 340 00:09:38,744 --> 00:09:39,812 SKETCHINESS OF TIMESHARE 341 00:09:39,812 --> 00:09:41,914 VACATIONS HAS BEEN A PUNCHLINE 342 00:09:41,914 --> 00:09:42,848 ON TV FOR YEARS. 343 00:09:42,848 --> 00:09:43,816 YOU MORON, THESE AREN'T FREE 344 00:09:43,816 --> 00:09:44,951 VACATIONS. 345 00:09:44,951 --> 00:09:46,352 THESE ARE TIMESHARING DEALS, 346 00:09:46,352 --> 00:09:47,720 THEY'RE TOTAL SCAMS. 347 00:09:47,720 --> 00:09:48,721 THESE TIMESHARE PEOPLE, THEY 348 00:09:48,721 --> 00:09:49,655 DON'T STOP UNTIL THEY SELL YOU 349 00:09:49,655 --> 00:09:51,090 SOMETHING. 350 00:09:51,090 --> 00:09:52,291 THEY-- THEY PREY ON THE WEAK 351 00:09:52,291 --> 00:09:53,192 AND GULLIBLE. 352 00:09:53,192 --> 00:09:54,660 I.E. YOU! 353 00:09:54,660 --> 00:09:55,761 PERHAPS YOU AND YOUR YELLOW 354 00:09:55,761 --> 00:09:58,431 FRIEND WOULD LIKE TO SET UP A 355 00:09:58,431 --> 00:09:59,165 TIMESHARE PLAN? 356 00:09:59,165 --> 00:10:00,866 DON'T DO IT, SANDY! 357 00:10:00,866 --> 00:10:02,101 I WON'T GIVE IN TO YOUR 358 00:10:02,101 --> 00:10:04,303 TIMESHARE VACATION SCAM! 359 00:10:04,303 --> 00:10:05,771 John: YEAH, SUSPICIONS ABOUT 360 00:10:05,771 --> 00:10:07,807 TIMESHARE PROGRAMS ARE SO 361 00:10:07,807 --> 00:10:09,375 UBIQUITOUS THEY CAN GET LAUGHS 362 00:10:09,375 --> 00:10:10,876 IN CHILDREN'S PROGRAMMING. 363 00:10:10,876 --> 00:10:12,044 AND LOOK, OBVIOUSLY, SPONGEBOB 364 00:10:12,044 --> 00:10:13,646 WAS NEVER GOING TO SAY YES TO A 365 00:10:13,646 --> 00:10:14,413 TIMESHARE. 366 00:10:14,413 --> 00:10:15,948 OTHERWISE THEY'D HAVE HAD TO 367 00:10:15,948 --> 00:10:16,983 CHANGE HIS THEME SONG TO THIS. 368 00:10:16,983 --> 00:10:19,885 ♪ OOOOOOOH ♪ 369 00:10:19,885 --> 00:10:21,287 ♪ WHO LIVES IN A PINEAPPLE UNDER 370 00:10:21,287 --> 00:10:22,822 THE SEA EXCEPT FOR ONE WEEK A 371 00:10:22,822 --> 00:10:24,223 YEAR WHEN HE'S IN A STUDIO IN 372 00:10:24,223 --> 00:10:24,991 KEY WEST ♪ 373 00:10:24,991 --> 00:10:27,626 ♪ SPONGEBOB SQUAREPANTS ♪ 374 00:10:27,626 --> 00:10:28,594 John: YEAH, STILL GOOD, BUT 375 00:10:28,594 --> 00:10:29,462 IT DOESN'T QUITE HAVE THE SAME 376 00:10:29,462 --> 00:10:31,130 RING TO IT, DOES IT? 377 00:10:31,130 --> 00:10:32,531 BUT DESPITE DECADES OF MOCKERY 378 00:10:32,531 --> 00:10:34,300 ON TV, TIMESHARES ARE A MUCH 379 00:10:34,300 --> 00:10:35,468 BIGGER BUSINESS THAN YOU MAY 380 00:10:35,468 --> 00:10:36,936 THINK. 381 00:10:36,936 --> 00:10:39,038 THEY'RE ACTUALLY AN $8.1 BILLION 382 00:10:39,038 --> 00:10:41,307 DOLLAR INDUSTRY, WITH NEARLY TEN 383 00:10:41,307 --> 00:10:42,341 MILLION HOUSEHOLDS OWNING ONE OR 384 00:10:42,341 --> 00:10:44,143 MORE TYPES OF TIMESHARE. 385 00:10:44,143 --> 00:10:45,845 AND THEY CAN BE SOLD BY BIG 386 00:10:45,845 --> 00:10:47,213 HOTEL CHAINS LIKE HYATT, AND 387 00:10:47,213 --> 00:10:48,581 MARRIOTT, AS WELL AS COMPANIES 388 00:10:48,581 --> 00:10:49,115 LIKE WYNDHAM AND WESTGATE 389 00:10:49,115 --> 00:10:51,283 RESORTS. 390 00:10:51,283 --> 00:10:52,752 BUT ONE OF THE THINGS THAT 391 00:10:52,752 --> 00:10:53,886 MAY'VE OBSCURED THEIR CONTINUED 392 00:10:53,886 --> 00:10:55,154 GROWTH IS THAT THEY'RE NOT 393 00:10:55,154 --> 00:10:56,822 ALWAYS CALLED TIMESHARES. 394 00:10:56,822 --> 00:10:58,324 IN RECENT YEARS, THEY'VE BEEN 395 00:10:58,324 --> 00:10:59,825 RE-BRANDED AS "VACATION CLUBS" 396 00:10:59,825 --> 00:11:01,861 OR "VACATION OWNERSHIP PLANS." 397 00:11:01,861 --> 00:11:03,229 AND WHILE, TRADITIONALLY, YOU'D 398 00:11:03,229 --> 00:11:05,965 BUY A TIMESHARE THAT CONSISTED 399 00:11:05,965 --> 00:11:06,832 OF ONE WEEK EVERY YEAR AT, SAY A 400 00:11:06,832 --> 00:11:09,001 CONDO IN FLORIDA, NOWADAYS, 401 00:11:09,001 --> 00:11:10,202 COMPANIES OFFER "FLOATING WEEKS" 402 00:11:10,202 --> 00:11:12,271 THAT CAN THEORETICALLY BE USED 403 00:11:12,271 --> 00:11:13,439 ANYTIME THROUGHOUT THE YEAR-- 404 00:11:13,439 --> 00:11:14,673 OR "TIMESHARE POINTS," WHERE YOU 405 00:11:14,673 --> 00:11:16,375 BUY POINTS THAT YOU CAN REDEEM 406 00:11:16,375 --> 00:11:18,677 IN A NUMBER OF RESORT PROPERTIES 407 00:11:18,677 --> 00:11:19,378 OWNED BY THE SAME COMPANY. 408 00:11:19,378 --> 00:11:21,147 BUT WHATEVER YOU CALL 409 00:11:21,147 --> 00:11:22,548 TIMESHARES, THE PEOPLE SELLING 410 00:11:22,548 --> 00:11:24,050 THEM MAINTAIN THAT THEY'RE NOT 411 00:11:24,050 --> 00:11:25,451 JUST EXCELLENT VALUE-- THEY'RE 412 00:11:25,451 --> 00:11:26,685 ACTIVELY GOOD FOR YOU. 413 00:11:26,685 --> 00:11:28,354 HERE'S A VICE PRESIDENT AT 414 00:11:28,354 --> 00:11:30,022 WESTGATE, FIRING UP HIS SALES 415 00:11:30,022 --> 00:11:30,623 TEAM, IN THE WEIRDEST POSSIBLE 416 00:11:30,623 --> 00:11:32,625 WAY. 417 00:11:32,625 --> 00:11:34,093 WHY ARE WE HERE? 418 00:11:34,093 --> 00:11:35,561 TO SAVE LIVES! 419 00:11:35,561 --> 00:11:37,263 TO SAVE LIVES. 420 00:11:37,263 --> 00:11:39,932 THOSE WHO TAKE THE FEWEST AMOUNT 421 00:11:39,932 --> 00:11:41,000 OF VACATIONS ARE MOST LIKELY TO 422 00:11:41,000 --> 00:11:43,335 HAVE A HEART ATTACK. 423 00:11:43,335 --> 00:11:45,037 YOU'RE JUST LIKE A DOCTOR, A 424 00:11:45,037 --> 00:11:48,140 NURSE, A FIREMAN, POLICEMAN, A 425 00:11:48,140 --> 00:11:51,710 LIFEGUARD. 426 00:11:51,710 --> 00:11:53,379 THEY ALL SAVE LIVES AND YOU ALL 427 00:11:53,379 --> 00:11:58,284 DO IT, TOO. 428 00:11:58,284 --> 00:11:58,918 John: YOU'RE RIGHT, TIMESHARE 429 00:11:58,918 --> 00:11:59,585 SALESPEOPLE SAVE LIVES JUST LIKE 430 00:11:59,585 --> 00:12:00,886 DOCTORS AND NURSES! 431 00:12:00,886 --> 00:12:02,054 THAT'S WHY, DURING THE INITIAL 432 00:12:02,054 --> 00:12:03,689 OUTBREAK OF THE PANDEMIC, NEW 433 00:12:03,689 --> 00:12:05,157 YORKERS WOULD LOUDLY CHEER FOR 434 00:12:05,157 --> 00:12:07,426 ALL THE TIMESHARE SALESPEOPLE AS 435 00:12:07,426 --> 00:12:09,495 THEY CAME BACK FROM WORK. 436 00:12:09,495 --> 00:12:10,329 WE'D DO THAT AT 6:00 P.M., AND 437 00:12:10,329 --> 00:12:11,530 THEN IF WE STILL HAD SOME ENERGY 438 00:12:11,530 --> 00:12:12,731 LEFT, WE'D THROW A FEW CLAPS TO 439 00:12:12,731 --> 00:12:13,666 HOSPITAL WORKERS AT 7, FOR 440 00:12:13,666 --> 00:12:15,434 WHATEVER THEY WERE DOING. 441 00:12:15,434 --> 00:12:17,369 BUT THE FACT IS, TIMESHARES 442 00:12:17,369 --> 00:12:18,637 DON'T SAVE LIVES. 443 00:12:18,637 --> 00:12:20,139 IN FACT, IN MANY CASES, THEY CAN 444 00:12:20,139 --> 00:12:21,674 FUCK THEM UP. 445 00:12:21,674 --> 00:12:23,509 BECAUSE THEY'RE INCREDIBLY EASY 446 00:12:23,509 --> 00:12:24,810 TO GET INTO, BUT-- AS YOU'LL 447 00:12:24,810 --> 00:12:25,644 SEE-- INCREDIBLY HARD TO GET 448 00:12:25,644 --> 00:12:27,546 OUT OF. 449 00:12:27,546 --> 00:12:28,681 SO TONIGHT, LET'S TALK ABOUT 450 00:12:28,681 --> 00:12:29,448 TIMESHARES. 451 00:12:29,448 --> 00:12:30,583 AND LET'S START WITH THE FIRST 452 00:12:30,583 --> 00:12:31,484 THING YOU PROBABLY ALREADY KNOW 453 00:12:31,484 --> 00:12:32,318 ABOUT THEM. 454 00:12:32,318 --> 00:12:34,053 THAT THEY TEND TO BE SOLD 455 00:12:34,053 --> 00:12:35,421 IN-PERSON, AGGRESSIVELY, AND 456 00:12:35,421 --> 00:12:37,123 WHILE YOU'RE ALREADY ON 457 00:12:37,123 --> 00:12:38,457 VACATION, OFTEN BY SUCKERING 458 00:12:38,457 --> 00:12:39,558 PEOPLE IN TO AGONIZINGLY LONG 459 00:12:39,558 --> 00:12:40,860 SALES PRESENTATIONS WITH THE 460 00:12:40,860 --> 00:12:42,628 PROMISE OF A FREE GIFT. 461 00:12:42,628 --> 00:12:44,430 THERE ARE SO MANY HORROR STORIES 462 00:12:44,430 --> 00:12:45,865 OUT THERE, LIKE THE WOMAN WHOSE 463 00:12:45,865 --> 00:12:48,134 HER PARENTS WERE SUBJECTED TO A 464 00:12:48,134 --> 00:12:49,235 SEVEN-HOUR SALES PITCH THAT 465 00:12:49,235 --> 00:12:50,636 ENDED WITH THEM SPENDING MORE 466 00:12:50,636 --> 00:12:52,404 THAN $10,000 ON A TIMESHARE, OR 467 00:12:52,404 --> 00:12:53,839 THE PERSON WHO SIGNED AN 468 00:12:53,839 --> 00:12:55,508 AGREEMENT FOLLOWING A 5 HOUR 469 00:12:55,508 --> 00:12:57,009 PRESENTATION, BECAUSE, QUOTE, 470 00:12:57,009 --> 00:12:57,877 "I'M A DIABETIC. 471 00:12:57,877 --> 00:12:59,245 AFTER FIVE HOURS, I JUST GAVE 472 00:12:59,245 --> 00:13:00,513 IN. 473 00:13:00,513 --> 00:13:01,814 I NEEDED SOMETHING TO EAT." 474 00:13:01,814 --> 00:13:04,250 AND I GET THAT. 475 00:13:04,250 --> 00:13:05,151 "LISTEN TO A TIMESHARE 476 00:13:05,151 --> 00:13:06,285 PRESENTATION" IS DEAD LAST ON 477 00:13:06,285 --> 00:13:08,187 THE LIST OF THINGS I WANT TO DO 478 00:13:08,187 --> 00:13:10,055 FOR FIVE HOURS STRAIGHT, RIGHT 479 00:13:10,055 --> 00:13:11,457 AFTER "WATCHING AVATAR: THE WAY 480 00:13:11,457 --> 00:13:13,926 OF WATER," "TELLING CHILDREN 481 00:13:13,926 --> 00:13:14,894 THAT THEIR PET HAMSTER WAS EATEN 482 00:13:14,894 --> 00:13:17,596 BY THEIR OTHER PET HAMSTER AND 483 00:13:17,596 --> 00:13:18,764 THAT NEITHER ONE EVER KNEW THE 484 00:13:18,764 --> 00:13:20,032 CHILD IN QUESTION EXISTED," AND, 485 00:13:20,032 --> 00:13:22,234 OF COURSE, "HEARING OTHER PEOPLE 486 00:13:22,234 --> 00:13:22,868 TALK ABOUT WATCHING AVATAR: THE 487 00:13:22,868 --> 00:13:25,371 WAY OF WATER." 488 00:13:25,371 --> 00:13:26,872 THE PROBLEM IS, THOUGH, ONCE 489 00:13:26,872 --> 00:13:28,307 YOU'RE IN THAT ROOM, COMPANIES 490 00:13:28,307 --> 00:13:30,509 CAN GO TO EXTREME LENGTHS TO GET 491 00:13:30,509 --> 00:13:31,644 YOU TO COMMIT ON THE SPOT. 492 00:13:31,644 --> 00:13:33,879 JUST WATCH AS THAT WESTGATE 493 00:13:33,879 --> 00:13:34,980 EXECUTIVE ENCOURAGES HIS STAFF 494 00:13:34,980 --> 00:13:36,248 TO STOP AT NOTHING TO MAKE A 495 00:13:36,248 --> 00:13:37,716 SALE. 496 00:13:37,716 --> 00:13:38,884 OUR NUMBER ONE PERSON IN 497 00:13:38,884 --> 00:13:39,852 ORLANDO OWNS SEVERAL WEEKS OF 498 00:13:39,852 --> 00:13:41,220 TIMESHARE. 499 00:13:41,220 --> 00:13:42,154 YOU KNOW, YOU SHOULD OWN AT 500 00:13:42,154 --> 00:13:44,190 LEAST ONE WEEK YOURSELVES. 501 00:13:44,190 --> 00:13:46,392 AND IF YOU DON'T, LIE AND SAY 502 00:13:46,392 --> 00:13:47,159 YOU DO! 503 00:13:47,159 --> 00:13:49,228 [LAUGHTER] 504 00:13:49,228 --> 00:13:50,729 DON'T LET THESE PEOPLE LEAVE 505 00:13:50,729 --> 00:13:54,233 HERE WITHOUT BUYING SOMETHING. 506 00:13:54,233 --> 00:13:55,834 SOMETHING. 507 00:13:55,834 --> 00:13:56,902 John: I DON'T KNOW WHAT'S 508 00:13:56,902 --> 00:13:57,870 MORE ALARMING THERE. 509 00:13:57,870 --> 00:13:59,772 THAT HE KNEW A CAMERA CREW WAS 510 00:13:59,772 --> 00:14:01,073 FILMING, AND STILL INSTRUCTED 511 00:14:01,073 --> 00:14:02,775 HIS SALES TEAM TO LIE, OR THAT 512 00:14:02,775 --> 00:14:06,712 HE WILLINGLY WORE THAT SHIRT. 513 00:14:06,712 --> 00:14:07,680 BECAUSE WHAT THE FUCK IS THAT 514 00:14:07,680 --> 00:14:09,081 THING? 515 00:14:09,081 --> 00:14:10,115 IT LOOKS LIKE SOMEONE ATE A 516 00:14:10,115 --> 00:14:11,350 PERSIAN RUG AND THEN THREW UP ON 517 00:14:11,350 --> 00:14:12,351 HIM. 518 00:14:12,351 --> 00:14:13,786 HE LOOKS LIKE THE MASCOT FOR 519 00:14:13,786 --> 00:14:16,355 DIVORCE. 520 00:14:16,355 --> 00:14:17,690 LYING IS ACTUALLY A KEY STRATEGY 521 00:14:17,690 --> 00:14:19,758 FOR MANY TIMESHARE SALESPEOPLE. 522 00:14:19,758 --> 00:14:21,927 THEY WILL LIE ABOUT EVERYTHING, 523 00:14:21,927 --> 00:14:22,995 FROM THE EASE OF MAKING 524 00:14:22,995 --> 00:14:23,629 RESERVATIONS, TO THE TOTAL COST 525 00:14:23,629 --> 00:14:25,464 OF THE TIMESHARE. 526 00:14:25,464 --> 00:14:27,733 ACCORDING TO A LAWSUIT AGAINST 527 00:14:27,733 --> 00:14:29,335 WYNDHAM, SALESPEOPLE EVEN HAD AN 528 00:14:29,335 --> 00:14:30,769 ACRONYM, "TAFT," WHICH STOOD FOR 529 00:14:30,769 --> 00:14:33,572 "TELL THEM ANY FRIGGING THING." 530 00:14:33,572 --> 00:14:40,012 AND COME ON! 531 00:14:40,012 --> 00:14:41,213 AT THIS POINT JUST SAY 532 00:14:41,213 --> 00:14:41,747 "FUCKING." 533 00:14:41,747 --> 00:14:42,314 IT'S ONE THING TO LIE, IT'S 534 00:14:42,314 --> 00:14:43,849 ANOTHER TO DO THAT WHILE TALKING 535 00:14:43,849 --> 00:14:44,483 LIKE A MIDDLE SCHOOLER WHO'S IN 536 00:14:44,483 --> 00:14:45,117 THE CAR WITH THEIR MOM BUT STILL 537 00:14:45,117 --> 00:14:45,918 TRYING TO SOUND HARD. 538 00:14:45,918 --> 00:14:47,286 BUT THE THING IS, LYING IS 539 00:14:47,286 --> 00:14:47,953 BASICALLY ALLOWED IN THIS 540 00:14:47,953 --> 00:14:49,088 INDUSTRY. 541 00:14:49,088 --> 00:14:50,289 MANY TIMESHARE AGREEMENTS 542 00:14:50,289 --> 00:14:52,157 CONTAIN A CLAUSE THAT ABSOLVES 543 00:14:52,157 --> 00:14:53,392 THE DEVELOPER FROM 544 00:14:53,392 --> 00:14:57,463 RESPONSIBILITY FOR ANYTHING 545 00:14:57,463 --> 00:14:58,764 SALES REPS SAY. 546 00:14:58,764 --> 00:14:59,298 IT'S OFTEN REFERRED TO BY 547 00:14:59,298 --> 00:14:59,865 ATTORNEYS AS THE "SALESMAN'S 548 00:14:59,865 --> 00:15:02,134 LICENSE TO LIE CLAUSE." 549 00:15:02,134 --> 00:15:04,036 AND I GET THAT SALES REPS 550 00:15:04,036 --> 00:15:05,004 BULLSHIT CUSTOMERS CONSTANTLY. 551 00:15:05,004 --> 00:15:06,472 IT HAPPENS TO ME EVERY TIME A 552 00:15:06,472 --> 00:15:07,773 WARBY PARKER EMPLOYEE TELLS ME 553 00:15:07,773 --> 00:15:09,808 "YOU LOOK SO COOL!" 554 00:15:09,808 --> 00:15:11,377 BUT YOU WOULDN'T EXPECT THEM TO 555 00:15:11,377 --> 00:15:13,112 BE ABLE TO LIE ABOUT SOMETHING 556 00:15:13,112 --> 00:15:14,146 AS OBJECTIVE AS "HOW MUCH A 557 00:15:14,146 --> 00:15:16,081 THING WILL COST." 558 00:15:16,081 --> 00:15:17,216 NOW, THE GOOD NEWS IS, DEPENDING 559 00:15:17,216 --> 00:15:18,617 ON WHERE YOU MADE YOUR PURCHASE, 560 00:15:18,617 --> 00:15:19,952 YOU CAN HAVE BETWEEN 3 AND 10 561 00:15:19,952 --> 00:15:22,788 DAYS TO RESCIND YOUR SIGNATURE. 562 00:15:22,788 --> 00:15:23,656 BUT REMEMBER, A LOT OF PEOPLE 563 00:15:23,656 --> 00:15:25,324 SIGN UP FOR TIMESHARES ON 564 00:15:25,324 --> 00:15:27,092 VACATION. 565 00:15:27,092 --> 00:15:29,361 SO THAT TIME MAY EXPIRE BEFORE 566 00:15:29,361 --> 00:15:30,996 THEY GET HOME, OR HAVE A CHANCE 567 00:15:30,996 --> 00:15:31,897 TO HAVE A LAWYER LOOK AT THE 568 00:15:31,897 --> 00:15:33,132 CONTRACT. 569 00:15:33,132 --> 00:15:34,700 AND THIS'D BE LESS OF AN ISSUE 570 00:15:34,700 --> 00:15:35,334 IF PEOPLE GENERALLY LOVED THEIR 571 00:15:35,334 --> 00:15:36,702 TIMESHARES. 572 00:15:36,702 --> 00:15:38,871 BUT A STUDY FOUND THAT 85% OF 573 00:15:38,871 --> 00:15:41,674 TIMESHARE OWNERS REGRET THEIR 574 00:15:41,674 --> 00:15:42,374 PURCHASE. 575 00:15:42,374 --> 00:15:43,776 WHICH IS A RATE OF REGRET ON PAR 576 00:15:43,776 --> 00:15:46,278 WITH "PEOPLE WHO BOUGHT TEACUP 577 00:15:46,278 --> 00:15:47,479 PIGS ONLY TO REALIZE THAT TEACUP 578 00:15:47,479 --> 00:15:49,581 PIGS DON'T REALLY EXIST. 579 00:15:49,581 --> 00:15:51,784 WHAT DO EXIST ARE BABY PIGS THAT 580 00:15:51,784 --> 00:15:54,019 GROW INTO A 90-POUND PIECE OF 581 00:15:54,019 --> 00:15:56,455 LIVESTOCK THAT SUFFOCATES YOUR 582 00:15:56,455 --> 00:15:58,290 CAT." 583 00:15:58,290 --> 00:15:59,625 AND AT THIS POINT, LET'S TALK 584 00:15:59,625 --> 00:16:00,993 ABOUT WHY PEOPLE MIGHT REGRET 585 00:16:00,993 --> 00:16:02,761 BUYING A TIMESHARE. 586 00:16:02,761 --> 00:16:04,163 AND THE FIRST MAJOR REASON, 587 00:16:04,163 --> 00:16:05,531 UNSURPRISINGLY, IS COST. 588 00:16:05,531 --> 00:16:07,833 BECAUSE THE UPFRONT COST FOR A 589 00:16:07,833 --> 00:16:08,934 ONE-WEEK ANNUAL TIMESHARE 590 00:16:08,934 --> 00:16:10,869 VACATION CAN AVERAGE AROUND 591 00:16:10,869 --> 00:16:12,171 $24,000. 592 00:16:12,171 --> 00:16:13,939 BUT THAT'S JUST THE BEGINNING. 593 00:16:13,939 --> 00:16:15,974 BECAUSE ON TOP OF THAT COME 594 00:16:15,974 --> 00:16:16,608 OTHER EXPENSES LIKE "MAINTENANCE 595 00:16:16,608 --> 00:16:19,712 FEES," WHICH TYPICALLY GO UP 596 00:16:19,712 --> 00:16:21,180 EVERY YEAR, AND AT HIGH-VALUE 597 00:16:21,180 --> 00:16:22,748 RESORTS, CAN RUN FROM $2500 TO 598 00:16:22,748 --> 00:16:25,584 $3500 PER YEAR. 599 00:16:25,584 --> 00:16:27,019 AND YOU'RE ON THE HOOK FOR THOSE 600 00:16:27,019 --> 00:16:28,354 COSTS, WHETHER YOU USE YOUR 601 00:16:28,354 --> 00:16:29,988 TIMESHARE OR NOT. 602 00:16:29,988 --> 00:16:32,091 WHICH BRINGS US TO ANOTHER MAJOR 603 00:16:32,091 --> 00:16:33,425 PROBLEM, BECAUSE IF WHAT YOU 604 00:16:33,425 --> 00:16:34,660 BOUGHT IS "POINTS" OR A 605 00:16:34,660 --> 00:16:36,328 "FLOATING WEEK" PLAN, YOU STILL 606 00:16:36,328 --> 00:16:37,129 NEED TO BOOK TIME AT YOUR 607 00:16:37,129 --> 00:16:38,630 RESORT. 608 00:16:38,630 --> 00:16:40,666 WHICH CAN BE UNEXPECTEDLY HARD. 609 00:16:40,666 --> 00:16:42,434 JUST LISTEN TO THIS MAN EXPLAIN 610 00:16:42,434 --> 00:16:44,103 HIS ATTEMPTS TO BOOK A VACATION 611 00:16:44,103 --> 00:16:45,771 AT THE WESTGATE TIMESHARE HE 612 00:16:45,771 --> 00:16:47,306 BOUGHT IN BRANSON, MISSOURI, SIX 613 00:16:47,306 --> 00:16:49,708 YEARS EARLIER. 614 00:16:49,708 --> 00:16:51,343 THE FIRST YEAR-- 615 00:16:51,343 --> 00:16:53,011 I CALL A MONTH IN ADVANCE, 616 00:16:53,011 --> 00:16:54,480 THEY SAY, "YOU'RE CALLING, 617 00:16:54,480 --> 00:16:56,248 YOU'RE GIVING US A VERY SHORT 618 00:16:56,248 --> 00:16:56,915 NOTICE." 619 00:16:56,915 --> 00:16:57,616 SO YEAR TWO, THEY CALLED SIX 620 00:16:57,616 --> 00:16:59,251 MONTHS IN ADVANCE. 621 00:16:59,251 --> 00:17:00,352 YOU ARE CALLING TOO EARLY. 622 00:17:00,352 --> 00:17:01,587 YEAR THREE, THEY CALLED TWO 623 00:17:01,587 --> 00:17:04,957 MONTHS IN ADVANCE, BUT WE'RE 624 00:17:04,957 --> 00:17:05,491 TOLD THEY CALLED TOO LATE. 625 00:17:05,491 --> 00:17:07,593 THEN YOU CAN STILL GO, BUT WE 626 00:17:07,593 --> 00:17:09,561 HAVE TO CHARGE YOU LIKE ANY 627 00:17:09,561 --> 00:17:10,429 OTHER PERSON. 628 00:17:10,429 --> 00:17:11,530 SO FAR, THE NASEERS HAVE 629 00:17:11,530 --> 00:17:13,499 SPENT MORE THAN $15,000 FOR A 630 00:17:13,499 --> 00:17:15,300 TIMESHARE THEY'VE NEVER SPENT A 631 00:17:15,300 --> 00:17:16,802 SINGLE NIGHT IN. 632 00:17:16,802 --> 00:17:18,170 WHEN THE NASEERS COMPLAINED TO 633 00:17:18,170 --> 00:17:20,105 WESTGATE, THEY WERE TOLD THEY 634 00:17:20,105 --> 00:17:21,373 WOULD HAVE AN EASIER TIME USING 635 00:17:21,373 --> 00:17:23,342 THEIR TIMESHARE IF THEY UPGRADED 636 00:17:23,342 --> 00:17:24,810 TO A BETTER PLAN FOR AN 637 00:17:24,810 --> 00:17:27,679 ADDITIONAL $15,000. 638 00:17:27,679 --> 00:17:29,348 John: THAT'S NOT GREAT. 639 00:17:29,348 --> 00:17:30,916 BEING ASKED TO PAY $15,000 FOR 640 00:17:30,916 --> 00:17:33,619 SOMETHING YOU'VE ONLY SEEN IN 641 00:17:33,619 --> 00:17:35,287 PICTURES IS NOT A TIMESHARE. 642 00:17:35,287 --> 00:17:36,422 THAT'S AN EXPENSIVE AND 643 00:17:36,422 --> 00:17:37,456 REMARKABLY NICHE ONLYFANS 644 00:17:37,456 --> 00:17:39,992 ACCOUNT. 645 00:17:39,992 --> 00:17:41,393 BUT WESTGATE'S RESPONSE IS 646 00:17:41,393 --> 00:17:41,894 PRETTY COMMON ACROSS THE 647 00:17:41,894 --> 00:17:43,295 INDUSTRY. 648 00:17:43,295 --> 00:17:44,563 ONCE YOU BUY A TIMESHARE, THE 649 00:17:44,563 --> 00:17:46,598 PITCH IS, "YOU REALLY NEED TO 650 00:17:46,598 --> 00:17:50,836 UPGRADE TO GET THE MOST-- OR, 651 00:17:50,836 --> 00:17:52,304 POSSIBLY, ANYTHING-- OUT OF 652 00:17:52,304 --> 00:17:52,704 YOUR PURCHASE." 653 00:17:52,704 --> 00:17:53,238 AND THESE UPGRADES ARE A 654 00:17:53,238 --> 00:17:53,872 FUNDAMENTAL PART OF THE BUSINESS 655 00:17:53,872 --> 00:17:55,307 MODEL. 656 00:17:55,307 --> 00:17:56,141 AT ONE INVESTMENT CONFERENCE, 657 00:17:56,141 --> 00:17:57,643 MARRIOTT STATED THAT EVERY 658 00:17:57,643 --> 00:17:59,912 $30,000 SPENT ON THE PURCHASE OF 659 00:17:59,912 --> 00:18:01,447 A NEW TIMESHARE SHOULD GENERATE 660 00:18:01,447 --> 00:18:04,283 AN EXTRA $20,000 FROM UPGRADES 661 00:18:04,283 --> 00:18:06,752 AFTER JUST FIVE YEARS. 662 00:18:06,752 --> 00:18:07,686 SO IT'S HARDLY SURPRISING THAT 663 00:18:07,686 --> 00:18:09,321 COMPANIES FREQUENTLY PRESSURE 664 00:18:09,321 --> 00:18:10,589 PEOPLE TO PAY FOR UPGRADES, 665 00:18:10,589 --> 00:18:12,791 SOMETIMES WITH THE SAME 666 00:18:12,791 --> 00:18:13,992 AGGRESSIVE TACTICS THAT GOT THEM 667 00:18:13,992 --> 00:18:14,560 TO BUY THE TIMESHARE IN THE 668 00:18:14,560 --> 00:18:16,628 FIRST PLACE. 669 00:18:16,628 --> 00:18:17,963 CUSTOMERS OF WYNDHAM RESORTS 670 00:18:17,963 --> 00:18:19,765 HAVE SAID THAT WHENEVER THEY'D 671 00:18:19,765 --> 00:18:21,366 GO ON VACATION, THEY'D BE FORCED 672 00:18:21,366 --> 00:18:23,235 INTO SO-CALLED "OWNER UPDATE 673 00:18:23,235 --> 00:18:25,537 MEETINGS" WHERE THEY WERE THEN 674 00:18:25,537 --> 00:18:26,138 PRESSURED TO SPEND MORE, LIKE 675 00:18:26,138 --> 00:18:27,339 THIS WOMAN. 676 00:18:27,339 --> 00:18:28,173 THE 76-YEAR-OLD WIDOW IS DEEP 677 00:18:28,173 --> 00:18:30,042 IN DEBT, OWING MORE THAN 678 00:18:30,042 --> 00:18:32,878 $175,000 AFTER SHE CLAIMS SHE 679 00:18:32,878 --> 00:18:34,346 WAS REPEATEDLY TRICKED AND 680 00:18:34,346 --> 00:18:34,947 HARASSED INTO BUYING TIMESHARE 681 00:18:34,947 --> 00:18:37,749 POINTS. 682 00:18:37,749 --> 00:18:38,250 FOLDS ALSO CLAIMS IN HER 683 00:18:38,250 --> 00:18:39,251 LAWSUIT WYNDHAM SALES REPS TOLD 684 00:18:39,251 --> 00:18:40,352 HER THINGS TO CONVINCE HER TO 685 00:18:40,352 --> 00:18:41,954 BUY MORE POINTS THAT ENDED UP 686 00:18:41,954 --> 00:18:43,355 NOT BEING TRUE. 687 00:18:43,355 --> 00:18:45,123 IF I WOULD JUST SIGN IT, THEN 688 00:18:45,123 --> 00:18:46,191 THEY COULD LOWER THE INTEREST 689 00:18:46,191 --> 00:18:47,559 RATES. 690 00:18:47,559 --> 00:18:48,160 IS THAT IN FACT WHAT 691 00:18:48,160 --> 00:18:48,660 HAPPENED? 692 00:18:48,660 --> 00:18:51,463 NO. 693 00:18:51,463 --> 00:18:52,564 SHE SAYS WYNDHAM'S 694 00:18:52,564 --> 00:18:53,632 SALESPEOPLE ALSO TOLD HER THE 695 00:18:53,632 --> 00:18:54,933 COMPANY WOULD BUY BACK ANY EXTRA 696 00:18:54,933 --> 00:18:56,468 POINTS SHE DIDN'T USE, AND THAT, 697 00:18:56,468 --> 00:18:57,870 TOO, SHE LATER FOUND, WASN'T 698 00:18:57,870 --> 00:18:59,004 EXACTLY AS IT HAD BEEN 699 00:18:59,004 --> 00:19:00,205 EXPLAINED. 700 00:19:00,205 --> 00:19:01,607 WERE YOU SURPRISED TO DISCOVER 701 00:19:01,607 --> 00:19:02,341 THAT? 702 00:19:02,341 --> 00:19:04,810 VERY SURPRISED. 703 00:19:04,810 --> 00:19:07,012 NOT ONLY SURPRISED-- YOU MAY 704 00:19:07,012 --> 00:19:08,580 NEED TO BLEEP THIS OUT-- I WAS 705 00:19:08,580 --> 00:19:10,282 MAD AS HELL. 706 00:19:10,282 --> 00:19:12,351 John: WOW, SHE IS PISSED 707 00:19:12,351 --> 00:19:13,318 THERE. 708 00:19:13,318 --> 00:19:14,419 I KNOW "MAD AS HELL" MIGHT NOT 709 00:19:14,419 --> 00:19:17,356 SOUND THAT EXTREME TO US 710 00:19:17,356 --> 00:19:19,057 DELINQUENTS ON HBO, BUT COMING 711 00:19:19,057 --> 00:19:20,359 FROM A 76-YEAR-OLD WOMAN IN 712 00:19:20,359 --> 00:19:22,127 TENNESSEE, THAT'S EQUIVALENT OF 713 00:19:22,127 --> 00:19:23,362 A CHILD SCREAMING "MOTHERFUCKER" 714 00:19:23,362 --> 00:19:25,430 THROUGH A BULLHORN, AT AN 715 00:19:25,430 --> 00:19:26,098 ELEMENTARY SCHOOL. 716 00:19:26,098 --> 00:19:29,568 IT'S THAT LEVEL OF INTENSITY. 717 00:19:29,568 --> 00:19:31,637 SO BETWEEN FEES AND THE CONSTANT 718 00:19:31,637 --> 00:19:33,338 PRESSURE TO PAY FOR UPGRADES, 719 00:19:33,338 --> 00:19:34,239 YOU CAN SEE HOW PEOPLE MIGHT END 720 00:19:34,239 --> 00:19:35,774 UP REGRETTING THEIR PURCHASE. 721 00:19:35,774 --> 00:19:36,975 EVEN THOSE WHO INITIALLY ENJOYED 722 00:19:36,975 --> 00:19:38,911 THEIR TIMESHARE MIGHT END UP 723 00:19:38,911 --> 00:19:40,145 WANTING TO GET RID OF IT. 724 00:19:40,145 --> 00:19:41,346 EITHER BECAUSE THEY'RE GETTING 725 00:19:41,346 --> 00:19:42,147 OLDER AND NOT WANTING TO TRAVEL 726 00:19:42,147 --> 00:19:43,181 AS MUCH, OR THEY'RE JUST GETTING 727 00:19:43,181 --> 00:19:44,249 TIRED OF GOING TO THE SAME 728 00:19:44,249 --> 00:19:45,484 PLACE. 729 00:19:45,484 --> 00:19:47,352 BUT THE PROBLEM IS, WHATEVER 730 00:19:47,352 --> 00:19:48,453 YOUR REASON FOR WANTING TO LEAVE 731 00:19:48,453 --> 00:19:50,822 A TIMESHARE, YOU'LL SOON REALIZE 732 00:19:50,822 --> 00:19:54,159 IT'S VERY HARD TO DO. 733 00:19:54,159 --> 00:19:55,661 THAT'S BECAUSE MANY AGREEMENTS 734 00:19:55,661 --> 00:19:56,295 CONTAIN A SO-CALLED "PERPETUITY 735 00:19:56,295 --> 00:19:57,629 CLAUSE." 736 00:19:57,629 --> 00:19:58,897 THAT MEANS THE PURCHASE, AS WELL 737 00:19:58,897 --> 00:20:00,599 AS ALL THOSE REGULAR MAINTENANCE 738 00:20:00,599 --> 00:20:04,036 FEES, ARE A NON-CANCELABLE 739 00:20:04,036 --> 00:20:05,003 LIFETIME OBLIGATION. 740 00:20:05,003 --> 00:20:06,238 WHICH IS RIDICULOUS, A VACATION 741 00:20:06,238 --> 00:20:09,474 HOME SHOULDN'T BE HARDER TO GET 742 00:20:09,474 --> 00:20:11,977 OUT OF THAN SCIENTOLOGY. 743 00:20:11,977 --> 00:20:17,482 WHERE'S SHELLY? 744 00:20:17,482 --> 00:20:19,051 I'M SURE SHE'S FINE, BUT WHERE 745 00:20:19,051 --> 00:20:20,052 IS SHELLEY? 746 00:20:20,052 --> 00:20:20,886 NOW SOME DEVELOPERS CLAIM TO 747 00:20:20,886 --> 00:20:21,553 HAVE PROGRAMS WHERE THEY'LL TAKE 748 00:20:21,553 --> 00:20:22,187 A TIMESHARE BACK, BUT THERE'S A 749 00:20:22,187 --> 00:20:23,021 LOT OF FINE PRINT THERE. 750 00:20:23,021 --> 00:20:24,389 INCLUDING THE FACT THEY'RE OFTEN 751 00:20:24,389 --> 00:20:24,856 ONLY AVAILABLE AT THE 752 00:20:24,856 --> 00:20:26,592 DEVELOPER'S DISCRETION, AND 753 00:20:26,592 --> 00:20:29,127 COULD INVOLVE PAYING A MASSIVE 754 00:20:29,127 --> 00:20:30,095 FEE, WHICH SOMETIMES CAN BE 755 00:20:30,095 --> 00:20:30,996 EQUIVALENT TO TWO YEARS' 756 00:20:30,996 --> 00:20:32,664 MAINTENANCE FEES. 757 00:20:32,664 --> 00:20:33,966 AND IF THE COMPANY WON'T TAKE IT 758 00:20:33,966 --> 00:20:36,802 BACK, GOOD LUCK. 759 00:20:36,802 --> 00:20:38,503 IT CAN BE HARD, IF NOT 760 00:20:38,503 --> 00:20:39,905 IMPOSSIBLE, TO SELL A TIMESHARE. 761 00:20:39,905 --> 00:20:41,607 IN FACT, THE RESALE SITE REDWEEK 762 00:20:41,607 --> 00:20:44,376 SHOWS A NUMBER BEING SOLD FOR 763 00:20:44,376 --> 00:20:46,745 LITERALLY ZERO DOLLARS. 764 00:20:46,745 --> 00:20:47,946 AND KEEP THAT IN MIND ANYTIME 765 00:20:47,946 --> 00:20:49,748 ANYONE SAYS A TIMESHARE IS AN 766 00:20:49,748 --> 00:20:50,616 "INVESTMENT." 767 00:20:50,616 --> 00:20:51,416 INVESTMENTS ARE SUPPOSED TO GAIN 768 00:20:51,416 --> 00:20:54,219 VALUE. 769 00:20:54,219 --> 00:20:55,787 A TIMESHARE IS AS SOUND AN 770 00:20:55,787 --> 00:20:57,456 INVESTMENT AS OPENING A 771 00:20:57,456 --> 00:20:58,123 GHISLAINE MAXWELL-THEMED 772 00:20:58,123 --> 00:20:59,424 RESTAURANT. 773 00:20:59,424 --> 00:21:00,759 GHISLY'S! 774 00:21:00,759 --> 00:21:02,127 "WHEN YOU'RE HERE, YOU'RE IN 775 00:21:02,127 --> 00:21:04,196 DANGER!" 776 00:21:04,196 --> 00:21:05,897 AND ALL THIS ACTUALLY GETS ONE 777 00:21:05,897 --> 00:21:07,332 STEP WORSE, THANKS TO SOMETHING 778 00:21:07,332 --> 00:21:09,735 THAT'S OFTEN FRAMED AS A SELLING 779 00:21:09,735 --> 00:21:11,336 POINT FOR TIMESHARES. 780 00:21:11,336 --> 00:21:12,371 THAT'S A GREAT FEELING TO 781 00:21:12,371 --> 00:21:13,005 KNOW THAT OUR GRANDCHILDREN WHEN 782 00:21:13,005 --> 00:21:13,905 WE'RE NOT AROUND-- 783 00:21:13,905 --> 00:21:15,674 YEAH, IT'S PASSED ON TO THEM. 784 00:21:15,674 --> 00:21:16,875 UM, WILL BE ENJOYING IT. 785 00:21:16,875 --> 00:21:18,410 IT WILL BE OUR LEGACY TO THEM. 786 00:21:18,410 --> 00:21:21,013 EVEN AS WE PASS ON, IT'S 787 00:21:21,013 --> 00:21:24,016 SOMETHING THAT WE CAN CONTINUE 788 00:21:24,016 --> 00:21:25,183 TO GIVE TO OUR CHILDREN. 789 00:21:25,183 --> 00:21:28,186 IT'S A GIFT THAT WILL KEEP ON 790 00:21:28,186 --> 00:21:28,587 GIVING, BEYOND US. 791 00:21:28,587 --> 00:21:29,421 NOW THAT WE HAVE TWO CHILDREN 792 00:21:29,421 --> 00:21:30,789 IT'S KIND OF EXCITING THAT WE 793 00:21:30,789 --> 00:21:31,723 KNOW THAT OUR CREDITS WILL NEVER 794 00:21:31,723 --> 00:21:33,025 GO TO WASTE. 795 00:21:33,025 --> 00:21:34,526 IT WILL STILL BE IN OUR FAMILY 796 00:21:34,526 --> 00:21:35,894 THROUGH OUR BOYS. 797 00:21:35,894 --> 00:21:37,195 John: OKAY, ONE OF THOSE BOYS 798 00:21:37,195 --> 00:21:42,267 SEEMS HAPPY ABOUT THAT, BUT THE 799 00:21:42,267 --> 00:21:43,902 OTHER ONE DOES SEEM PISSED, AND 800 00:21:43,902 --> 00:21:44,469 MUCH MORE INTERESTED IN THE 801 00:21:44,469 --> 00:21:45,637 UPSIDE-DOWN CONSTRUCTION TRUCK 802 00:21:45,637 --> 00:21:47,706 HE'S HOLDING. 803 00:21:47,706 --> 00:21:48,206 AND HE'S HONESTLY RIGHT. 804 00:21:48,206 --> 00:21:48,840 BECAUSE IF THERE'S ONE THING TO 805 00:21:48,840 --> 00:21:49,408 TAKE AWAY FROM THIS EPISODE, 806 00:21:49,408 --> 00:21:50,008 IT'S THAT IF YOU HAVE A CHOICE 807 00:21:50,008 --> 00:21:50,942 BETWEEN A TIMESHARE AND AN 808 00:21:50,942 --> 00:21:52,744 UPSIDE-DOWN TRUCK, TAKE THE 809 00:21:52,744 --> 00:21:54,112 TRUCK EVERY TIME. 810 00:21:54,112 --> 00:21:55,213 AT LEAST YOU TECHNICALLY OWN 811 00:21:55,213 --> 00:21:55,947 THAT. 812 00:21:55,947 --> 00:21:57,182 BUT GIVEN EVERYTHING YOU'VE SEEN 813 00:21:57,182 --> 00:21:58,617 SO FAR, YOU WON'T BE SURPRISED 814 00:21:58,617 --> 00:21:59,818 TO HEAR THAT MANY PEOPLE AREN'T 815 00:21:59,818 --> 00:22:01,620 SUPER-KEEN ON INHERITING A 816 00:22:01,620 --> 00:22:02,354 TIMESHARE. 817 00:22:02,354 --> 00:22:04,589 AND WHILE YOU CAN TECHNICALLY 818 00:22:04,589 --> 00:22:12,464 DECLINE IT, THAT CAN BE MUCH 819 00:22:12,464 --> 00:22:13,131 HARDER TO DO THAN YOU MIGHT 820 00:22:13,131 --> 00:22:13,331 THINK. 821 00:22:13,331 --> 00:22:13,965 WALKING AWAY DOES TAKE WORK. 822 00:22:13,965 --> 00:22:14,466 NAMELY, YOU MUST FILE A 823 00:22:14,466 --> 00:22:15,100 DISCLAIMER OF INTEREST WITH THE 824 00:22:15,100 --> 00:22:15,734 COURT SAYING THAT YOU REJECT THE 825 00:22:15,734 --> 00:22:16,501 TIMESHARE. 826 00:22:16,501 --> 00:22:18,370 YOU ONLY HAVE NINE MONTHS AFTER 827 00:22:18,370 --> 00:22:18,970 THE DEATH OF YOUR LOVED ONE TO 828 00:22:18,970 --> 00:22:19,971 FILE IT. 829 00:22:19,971 --> 00:22:21,239 AND EVEN THEN, IT'S NOT THAT 830 00:22:21,239 --> 00:22:22,207 SIMPLE. 831 00:22:22,207 --> 00:22:23,709 YOU SEE, WHEN THE FIRST PERSON 832 00:22:23,709 --> 00:22:25,343 IN LINE REJECTS THE TIMESHARE, 833 00:22:25,343 --> 00:22:26,178 IT GOES TO THE NEXT IN LINE AND 834 00:22:26,178 --> 00:22:28,346 THEN THE NEXT AND THE NEXT. 835 00:22:28,346 --> 00:22:29,915 EVERY SINGLE PERSON HAS TO FILE 836 00:22:29,915 --> 00:22:32,084 ALL OF THAT PAPERWORK. 837 00:22:32,084 --> 00:22:33,585 John: IT'S TRUE. 838 00:22:33,585 --> 00:22:35,320 EVERY SINGLE PERSON. 839 00:22:35,320 --> 00:22:40,292 AND TIMESHARE PAPERWORK ISN'T 840 00:22:40,292 --> 00:22:41,159 CLEARLY WHAT GRIEVING FAMILIES 841 00:22:41,159 --> 00:22:41,359 NEED. 842 00:22:41,359 --> 00:22:41,960 IT'S PRETTY UPSETTING TO THINK 843 00:22:41,960 --> 00:22:42,694 THAT THERE MIGHT BE A MARKET FOR 844 00:22:42,694 --> 00:22:45,163 SYMPATHY CARDS THAT SAY "I'M 845 00:22:45,163 --> 00:22:46,298 SORRY FOR YOUR LOSS, BUT ALSO, 846 00:22:46,298 --> 00:22:47,432 MOVE FAST IF YOU DON'T WANT TO 847 00:22:47,432 --> 00:22:48,834 GET STUCK WITH THE FEES ON YOUR 848 00:22:48,834 --> 00:22:49,301 DEAD MOM'S HILTON HEAD 849 00:22:49,301 --> 00:22:51,503 TWO-BEDROOM." 850 00:22:51,503 --> 00:22:52,137 AND ALL THIS BRINGS US TO WHAT 851 00:22:52,137 --> 00:22:52,838 MIGHT BE THE MOST SURPRISING 852 00:22:52,838 --> 00:22:54,206 THING HERE. 853 00:22:54,206 --> 00:22:56,041 TIMESHARES ARE SO DIFFICULT TO 854 00:22:56,041 --> 00:22:57,776 GET RID OF, A WHOLE SEPARATE 855 00:22:57,776 --> 00:22:59,845 INDUSTRY HAS NOW CROPPED UP, 856 00:22:59,845 --> 00:23:00,412 KNOWN AS THE TIMESHARE EXIT 857 00:23:00,412 --> 00:23:02,481 INDUSTRY. 858 00:23:02,481 --> 00:23:04,116 YOU MAY HAVE SEEN ADS ON TV FOR 859 00:23:04,116 --> 00:23:05,584 THEM, OR UPBEAT SEGMENTS ON 860 00:23:05,584 --> 00:23:06,585 LOCAL STATIONS LIKE THESE, FOR A 861 00:23:06,585 --> 00:23:08,520 COMPANY CALLED TIMESHARE 862 00:23:08,520 --> 00:23:10,122 TERMINATION TEAM, WHERE THEY CAN 863 00:23:10,122 --> 00:23:11,523 GET A PRETTY STRONG ENDORSEMENT. 864 00:23:11,523 --> 00:23:12,657 COLORADO'S LOCAL TIMESHARE 865 00:23:12,657 --> 00:23:14,192 TERMINATION TEAM HAS 100% 866 00:23:14,192 --> 00:23:15,761 SUCCESS RATE. 867 00:23:15,761 --> 00:23:17,129 JOINING US, TRUSTED ADVISORS 868 00:23:17,129 --> 00:23:18,563 BRIAN AND HOLLY WILBUR WITH THE 869 00:23:18,563 --> 00:23:20,832 FIRST STEPS YOU NEED TO TAKE TO 870 00:23:20,832 --> 00:23:21,366 LEGALLY GET OUT OF YOUR 871 00:23:21,366 --> 00:23:23,568 TIMESHARE. 872 00:23:23,568 --> 00:23:24,603 I'LL BE HONEST, I KNOW I SAID 873 00:23:24,603 --> 00:23:25,937 THIS BEFORE TOO, I DIDN'T THINK 874 00:23:25,937 --> 00:23:27,639 THIS WAS POSSIBLE, BUT IT 875 00:23:27,639 --> 00:23:28,940 ACTUALLY IS! 876 00:23:28,940 --> 00:23:29,508 John: THAT SOUNDS PRETTY 877 00:23:29,508 --> 00:23:31,643 GREAT! 878 00:23:31,643 --> 00:23:32,944 THE BASIC PITCH OF EXIT 879 00:23:32,944 --> 00:23:34,146 COMPANIES IS, FOR AN UPFRONT 880 00:23:34,146 --> 00:23:35,313 FEE, THEY'LL EITHER RESELL YOUR 881 00:23:35,313 --> 00:23:35,947 TIMESHARE OR GET YOU OUT OF YOUR 882 00:23:35,947 --> 00:23:37,682 CONTRACT. 883 00:23:37,682 --> 00:23:38,950 AND GIVEN HOW CRITICAL THEY ARE 884 00:23:38,950 --> 00:23:39,684 OF THE TIMESHARE INDUSTRY, YOU 885 00:23:39,684 --> 00:23:40,786 MIGHT ASSUME THEY'RE THE GOOD 886 00:23:40,786 --> 00:23:42,788 GUYS IN THIS STORY. 887 00:23:42,788 --> 00:23:44,456 UNFORTUNATELY, THEY'RE VERY MUCH 888 00:23:44,456 --> 00:23:46,224 NOT, WHICH YOU PROBABLY ALREADY 889 00:23:46,224 --> 00:23:48,460 GUESSED AFTER THAT WOMAN CLAIMED 890 00:23:48,460 --> 00:23:51,463 A "100% SUCCESS RATE." 891 00:23:51,463 --> 00:23:52,597 BECAUSE THAT'S IS ONE OF THOSE 892 00:23:52,597 --> 00:23:54,166 PHRASES THAT'S AN AUTOMATIC RED 893 00:23:54,166 --> 00:23:56,601 FLAG, LIKE "ENDORSED BY DR. OZ" 894 00:23:56,601 --> 00:23:59,437 OR "FORBES COVER MODEL." 895 00:23:59,437 --> 00:24:00,105 IT JUST IMMEDIATELY RAISES 896 00:24:00,105 --> 00:24:02,374 SUSPICIONS. 897 00:24:02,374 --> 00:24:03,742 ALSO, YOU SHOULD KNOW, WHILE 898 00:24:03,742 --> 00:24:05,811 THAT SURE LOOKS LIKE THE NEWS, 899 00:24:05,811 --> 00:24:07,846 CRUCIALLY, IT-- AND ALL THOSE 900 00:24:07,846 --> 00:24:09,181 SHOWS YOU JUST SAW-- ARE 901 00:24:09,181 --> 00:24:11,149 "SPONSORED CONTENT" PROGRAMS. 902 00:24:11,149 --> 00:24:12,184 WE DID A STORY ON THEM A COUPLE 903 00:24:12,184 --> 00:24:13,285 YEARS AGO, AND IT'S WHERE LOCAL 904 00:24:13,285 --> 00:24:15,053 STATIONS WILL ALLOW YOU TO BUY 905 00:24:15,053 --> 00:24:16,588 YOUR WAY INTO FAKE SEGMENTS THAT 906 00:24:16,588 --> 00:24:17,756 LOOK LIKE NEWS, BUT ARE IN FACT, 907 00:24:17,756 --> 00:24:19,491 ADS. 908 00:24:19,491 --> 00:24:21,059 WE ACTUALLY BOUGHT OUR WAY ONTO 909 00:24:21,059 --> 00:24:23,829 THAT EXACT SHOW, ON DENVER 7, TO 910 00:24:23,829 --> 00:24:25,497 SELL A NAZI FUCK BLANKET. 911 00:24:25,497 --> 00:24:27,098 AND IF YOU MISSED THAT STORY, GO 912 00:24:27,098 --> 00:24:28,400 BACK AND WATCH THE WHOLE THING 913 00:24:28,400 --> 00:24:30,101 BECAUSE THAT WAS ONE HELL OF A 914 00:24:30,101 --> 00:24:30,902 SENTENCE THAT'S MISSING ABOUT 21 915 00:24:30,902 --> 00:24:32,437 MINUTES OF CONTEXT. 916 00:24:32,437 --> 00:24:34,539 ANYWAY, AS IT TURNS OUT, 917 00:24:34,539 --> 00:24:36,508 TIMESHARE TERMINATION TEAM WAS 918 00:24:36,508 --> 00:24:38,410 EVEN SKETCHIER THAN OUR THIRD 919 00:24:38,410 --> 00:24:42,447 REICH FUCK FLEECE, BECAUSE NOT 920 00:24:42,447 --> 00:24:45,550 LONG AFTER THAT, DENVER 7'S 921 00:24:45,550 --> 00:24:46,051 ACTUAL NEWS TEAM HAD THIS 922 00:24:46,051 --> 00:24:46,852 STORY TO REPORT. 923 00:24:46,852 --> 00:24:48,687 DEBI HIRED THE COMPANY IN 924 00:24:48,687 --> 00:24:50,088 JUNE, 2019. 925 00:24:50,088 --> 00:24:52,090 IN ALL, SHE PAID MORE THAN 926 00:24:52,090 --> 00:24:52,891 $14,000. 927 00:24:52,891 --> 00:24:53,558 I SIGNED A CONTRACT, A 928 00:24:53,558 --> 00:24:54,559 TWO-YEAR CONTRACT THAT ENDED 929 00:24:54,559 --> 00:24:57,596 THIS LAST JUNE. 930 00:24:57,596 --> 00:24:59,197 WELL, UNDER THE TERMS OF THE CON 931 00:24:59,197 --> 00:25:00,665 - IF THEY DON'T RESOLVE MY 932 00:25:00,665 --> 00:25:03,068 ISSUE, I CAN GET A REFUND. 933 00:25:03,068 --> 00:25:03,735 TWO YEARS CAME AND WENT. 934 00:25:03,735 --> 00:25:04,369 THAT'S WHEN SHE WENT LOOKING FOR 935 00:25:04,369 --> 00:25:06,605 ANSWERS. 936 00:25:06,605 --> 00:25:08,607 AND SO, I CAME TO-- CAME TO 937 00:25:08,607 --> 00:25:10,375 SEE THEM, AND IT'S EMPTY. 938 00:25:10,375 --> 00:25:12,644 THE SIGNS ARE STILL UP ON THE 939 00:25:12,644 --> 00:25:15,180 OFFICE IN GREENWOOD VILLAGE. 940 00:25:15,180 --> 00:25:16,548 BUT THERE'S NO EMPLOYEES. 941 00:25:16,548 --> 00:25:18,183 THE FURNITURE IS GONE. 942 00:25:18,183 --> 00:25:19,284 John: WOW. 943 00:25:19,284 --> 00:25:20,352 FIRST, I'M NOT SURE IT WAS 944 00:25:20,352 --> 00:25:21,453 TOTALLY NECESSARY TO FORCE HER 945 00:25:21,453 --> 00:25:22,787 TO GO BACK AND KNOCK ON THE 946 00:25:22,787 --> 00:25:24,623 GLASS OF A CLEARLY EMPTY OFFICE, 947 00:25:24,623 --> 00:25:25,891 BUT I AM VERY GLAD THAT THEY 948 00:25:25,891 --> 00:25:27,158 DID. 949 00:25:27,158 --> 00:25:27,759 AND SECOND, THAT'S A 19TH 950 00:25:27,759 --> 00:25:29,127 CENTURY SNAKE OIL SALESMAN LEVEL 951 00:25:29,127 --> 00:25:30,662 SCAM. 952 00:25:30,662 --> 00:25:32,264 THEY JUST DISAPPEARED. 953 00:25:32,264 --> 00:25:33,632 ONE MOMENT THEY WERE THERE, AND 954 00:25:33,632 --> 00:25:34,499 THE NEXT THEY WERE SUDDENLY GONE 955 00:25:34,499 --> 00:25:35,533 WITH NO WARNING. 956 00:25:35,533 --> 00:25:37,235 LIKE A GHOST, OR A TV SHOW ON 957 00:25:37,235 --> 00:25:39,905 HBO MAX. 958 00:25:39,905 --> 00:25:40,672 EVERYTHING'S FINE AT THIS 959 00:25:40,672 --> 00:25:41,706 COMPANY. 960 00:25:41,706 --> 00:25:45,977 EVERYTHING'S FINE. 961 00:25:45,977 --> 00:25:46,811 [CHEERS AND APPLAUSE] 962 00:25:46,811 --> 00:25:47,445 AND UNFORTUNATELY, THAT'S BY NO 963 00:25:47,445 --> 00:25:48,246 MEANS A ONE-OFF. 964 00:25:48,246 --> 00:25:49,514 AS ONE CONSUMER ADVOCATE PUTS 965 00:25:49,514 --> 00:25:51,082 IT, "I DON'T LIKE 966 00:25:51,082 --> 00:25:52,284 GENERALIZATIONS SO I'LL SAY THAT 967 00:25:52,284 --> 00:25:53,985 99% OF THEM DON'T DO WHAT THEY 968 00:25:53,985 --> 00:25:56,254 SAY THEY WILL, OR WORSE, ARE 969 00:25:56,254 --> 00:25:57,122 OUT-AND-OUT SCAMS." 970 00:25:57,122 --> 00:25:58,556 BUT YOU KNOW WHAT? 971 00:25:58,556 --> 00:26:00,158 I DO LIKE GENERALIZATIONS, SO 972 00:26:00,158 --> 00:26:02,027 I'M HAPPY TO SAY TIMESHARE EXIT 973 00:26:02,027 --> 00:26:04,829 COMPANIES ARE TOTAL BULLSHIT. 974 00:26:04,829 --> 00:26:08,033 A LOT HAVE FOLLOWED THE SAME 975 00:26:08,033 --> 00:26:08,867 BASIC PATTERN YOU JUST SAW, THEY 976 00:26:08,867 --> 00:26:09,734 WILL CHARGE AN UPFRONT FEE, AND 977 00:26:09,734 --> 00:26:10,869 THEN EITHER STALL INDEFINITELY 978 00:26:10,869 --> 00:26:13,138 OR FULLY DISAPPEAR. 979 00:26:13,138 --> 00:26:13,772 AND THEY'RE TAKING ADVANTAGE OF 980 00:26:13,772 --> 00:26:15,240 PEOPLE ON A MASSIVE SCALE. 981 00:26:15,240 --> 00:26:16,541 IN MISSOURI, ONE GROUP OF 982 00:26:16,541 --> 00:26:18,109 COMPANIES STANDS ACCUSED OF 983 00:26:18,109 --> 00:26:19,577 DECEIVING CONSUMERS INTO PAYING 984 00:26:19,577 --> 00:26:21,613 MORE THAN $90 MILLION FOR EXIT 985 00:26:21,613 --> 00:26:22,814 SERVICES THAT WERE NOT 986 00:26:22,814 --> 00:26:23,882 DELIVERED. 987 00:26:23,882 --> 00:26:24,950 AND WHILE THAT CASE IS STILL 988 00:26:24,950 --> 00:26:26,618 PENDING, ALL OF THESE OTHER 989 00:26:26,618 --> 00:26:27,452 COMPANIES HAVE GONE UNDER IN 990 00:26:27,452 --> 00:26:30,588 RECENT YEARS. 991 00:26:30,588 --> 00:26:31,790 AND I KNOW THESE EXIT COMPANIES 992 00:26:31,790 --> 00:26:32,691 MIGHT SEEM IMMEDIATELY 993 00:26:32,691 --> 00:26:34,025 SUSPICIOUS TO YOU NOW. 994 00:26:34,025 --> 00:26:35,460 BUT THEY HAVE SLICK MARKETING, 995 00:26:35,460 --> 00:26:37,495 AND HAVE ALSO BEEN ENDORSED BY 996 00:26:37,495 --> 00:26:38,063 SOME SUPPOSEDLY FINANCIALLY 997 00:26:38,063 --> 00:26:38,797 SAVVY PEOPLE. 998 00:26:38,797 --> 00:26:39,764 IN FACT, DAVE RAMSEY, THE 999 00:26:39,764 --> 00:26:42,300 POPULAR PERSONAL-FINANCE GURU-- 1000 00:26:42,300 --> 00:26:43,601 WHO, TO HIS CREDIT, HAS BEEN A 1001 00:26:43,601 --> 00:26:46,137 VOCAL CRITIC OF TIME SHARES-- 1002 00:26:46,137 --> 00:26:48,039 ACTUALLY GAVE ONE EXIT COMPANY A 1003 00:26:48,039 --> 00:26:49,641 RINGING ENDORSEMENT. 1004 00:26:49,641 --> 00:26:50,842 TIMESHARE EXIT TEAM WILL GET 1005 00:26:50,842 --> 00:26:53,011 YOU OUT OF THEIR TIMESHARE. 1006 00:26:53,011 --> 00:26:54,379 NOW, YOU'RE GOING TO PAY THEM 1007 00:26:54,379 --> 00:26:54,879 MONEY TO DO THAT. 1008 00:26:54,879 --> 00:26:55,914 THAT'S WHAT THEY DO. 1009 00:26:55,914 --> 00:26:57,215 AND THEY CHARGE YOU UPFRONT AND 1010 00:26:57,215 --> 00:26:58,316 THEY GIVE YOU YOUR MONEY-BACK 1011 00:26:58,316 --> 00:27:00,118 GUARANTEE IF THEY DON'T GET YOU 1012 00:27:00,118 --> 00:27:01,319 OUT, BUT THEY'LL GET YOU OUT. 1013 00:27:01,319 --> 00:27:01,953 John: WELL, THAT SOUNDS 1014 00:27:01,953 --> 00:27:04,689 TRUSTWORTHY! 1015 00:27:04,689 --> 00:27:05,290 AND WHY WOULDN'T YOU TAKE THE 1016 00:27:05,290 --> 00:27:08,426 WORD OF A MAN WHOSE LOOK AND 1017 00:27:08,426 --> 00:27:09,594 GENERAL VIBE WHO ANSWERS THE 1018 00:27:09,594 --> 00:27:14,899 QUESTION "WHAT IF BILLY JOEL AND 1019 00:27:14,899 --> 00:27:16,067 DR. PHIL HAD A KID, AND IT 1020 00:27:16,067 --> 00:27:16,601 SUCKED?" 1021 00:27:16,601 --> 00:27:17,202 BUT NOT LONG AFTER THAT, THE 1022 00:27:17,202 --> 00:27:18,336 WASHINGTON STATE AG SUED 1023 00:27:18,336 --> 00:27:19,371 TIMESHARE EXIT TEAM, CLAIMING, 1024 00:27:19,371 --> 00:27:19,938 AMONG OTHER THINGS, THAT THE 1025 00:27:19,938 --> 00:27:20,705 MAJORITY OF ITS CUSTOMERS EITHER 1026 00:27:20,705 --> 00:27:21,306 DID NOT RECEIVE THEIR PROMISED 1027 00:27:21,306 --> 00:27:24,409 EXIT, RECEIVED ONE THAT CAUSED 1028 00:27:24,409 --> 00:27:26,044 THEM UNANTICIPATED NEGATIVE 1029 00:27:26,044 --> 00:27:27,645 FINANCIAL OR OTHER CONSEQUENCES, 1030 00:27:27,645 --> 00:27:30,081 OR RECEIVED AN EXIT THE CUSTOMER 1031 00:27:30,081 --> 00:27:30,548 COULD'VE OBTAINED FOR 1032 00:27:30,548 --> 00:27:31,449 THEMSELVES. 1033 00:27:31,449 --> 00:27:32,350 THE COMPANY EVENTUALLY SHUT 1034 00:27:32,350 --> 00:27:33,551 DOWN, BUT ONLY AFTER IT WAS 1035 00:27:33,551 --> 00:27:46,064 FORCED TO PAY RESTITUTION DAVE 1036 00:27:46,064 --> 00:27:47,499 YOU THINK THAT GAVE DAVE 1037 00:27:47,499 --> 00:27:49,968 RAMSEY PAUSE FOR REFLECTION, YOU 1038 00:27:49,968 --> 00:27:50,268 SHOULD KNOW. 1039 00:27:50,268 --> 00:27:50,602 IT DID NOT. 1040 00:27:50,602 --> 00:27:51,236 BECAUSE AFTER INSIDE EDITION DID 1041 00:27:51,236 --> 00:27:51,803 A SEGMENT COVERING TIMESHARE 1042 00:27:51,803 --> 00:27:52,470 EXIT TEAM'S ISSUES AND 1043 00:27:52,470 --> 00:27:53,304 QUESTIONING HIS ENDORSEMENT OF 1044 00:27:53,304 --> 00:27:53,938 THEM, HE PUSHED BACK LIKE THIS. 1045 00:27:53,938 --> 00:27:54,572 I DIDN'T KNOW YOU COULD BUY A 1046 00:27:54,572 --> 00:27:55,073 STORY ON INSIDE EDITION. 1047 00:27:55,073 --> 00:27:55,673 I DIDN'T-- I DIDN'T THINK YOU 1048 00:27:55,673 --> 00:27:56,307 ALL WERE THAT-- I KNOW YOU WERE 1049 00:27:56,307 --> 00:27:56,941 A TABLOID, BUT I DIDN'T KNOW YOU 1050 00:27:56,941 --> 00:27:58,777 WERE THAT LOW. 1051 00:27:58,777 --> 00:28:00,745 OR ARE YOU JUST SO DUMB THAT YOU 1052 00:28:00,745 --> 00:28:01,913 DIDN'T UNDERSTAND YOU WERE ON 1053 00:28:01,913 --> 00:28:03,248 THE WRONG SIDE OF THIS ARGUMENT 1054 00:28:03,248 --> 00:28:06,384 ON THE BASIS OF THE CONSUMER? 1055 00:28:06,384 --> 00:28:07,752 SO, THIS IS WHY TIMESHARE'S NOT 1056 00:28:07,752 --> 00:28:08,987 ON THE AIR ANYMORE. 1057 00:28:08,987 --> 00:28:10,355 TIMESHARE EXIT TEAM. 1058 00:28:10,355 --> 00:28:11,189 BUT GUESS WHO'S STILL ON THE 1059 00:28:11,189 --> 00:28:12,457 AIR? 1060 00:28:12,457 --> 00:28:16,995 ME. 1061 00:28:16,995 --> 00:28:20,565 AND I'M SITTING IN A $300 1062 00:28:20,565 --> 00:28:25,303 MILLION PAID-FOR BUILDING, 1063 00:28:25,303 --> 00:28:28,339 NECK-DEEP IN CASH, YOU JERKS. 1064 00:28:28,339 --> 00:28:29,574 John: YEAH! 1065 00:28:29,574 --> 00:28:31,076 THAT IS CHAMPION OF THE WORKING 1066 00:28:31,076 --> 00:28:32,577 PEOPLE, DAVE RAMSEY, BRAGGING 1067 00:28:32,577 --> 00:28:34,345 ABOUT BEING NECK-DEEP IN CASH TO 1068 00:28:34,345 --> 00:28:35,880 HIS OWN VIEWERS, WHO GOT CAUGHT 1069 00:28:35,880 --> 00:28:36,548 UP IN A SCAM THAT HE ACTIVELY 1070 00:28:36,548 --> 00:28:38,116 PROMOTED. 1071 00:28:38,116 --> 00:28:39,017 ALL WHILE HAVING HIS HANDS LIKE 1072 00:28:39,017 --> 00:28:40,018 THIS, A POSE USED ALMOST 1073 00:28:40,018 --> 00:28:42,654 EXCLUSIVELY BY CARTOON SUPER 1074 00:28:42,654 --> 00:28:44,022 VILLAINS PLOTTING WAYS TO KILL 1075 00:28:44,022 --> 00:28:45,523 BATMAN. 1076 00:28:45,523 --> 00:28:46,925 BUT THE THING IS, THERE IS NO 1077 00:28:46,925 --> 00:28:49,794 RIGHT SIDE TO BE ON HERE. 1078 00:28:49,794 --> 00:28:52,997 TIME SHARE COMPANIES AND 1079 00:28:52,997 --> 00:28:54,032 TIMESHARE EXIT COMPANIES ARE 1080 00:28:54,032 --> 00:28:55,934 BOTH TERRIBLE. 1081 00:28:55,934 --> 00:28:56,734 ONE IS A SHITTY BUSINESS MODEL 1082 00:28:56,734 --> 00:28:57,936 THAT'S SOMEHOW TECHNICALLY 1083 00:28:57,936 --> 00:28:59,637 LEGAL, AND THE OTHER IS 1084 00:28:59,637 --> 00:29:00,438 OFTENTIMES AN OUT-AND-OUT SCAM, 1085 00:29:00,438 --> 00:29:03,208 BUT NEITHER IS GOOD. 1086 00:29:03,208 --> 00:29:04,976 AND IT'S VERY IMPORTANT NOT TO 1087 00:29:04,976 --> 00:29:05,910 LOSE SIGHT OF THE FACT THAT, 1088 00:29:05,910 --> 00:29:06,744 BENEATH ALL OF THIS, ARE PEOPLE 1089 00:29:06,744 --> 00:29:08,213 WHO CAN GET VICTIMIZED. 1090 00:29:08,213 --> 00:29:09,747 AND IN SOME CASES, TWICE. 1091 00:29:09,747 --> 00:29:10,849 AND IF YOU WATCH A LOT OF 1092 00:29:10,849 --> 00:29:11,816 STORIES ABOUT THESE COMPANIES, 1093 00:29:11,816 --> 00:29:12,917 IT'S HEARTBREAKING JUST HOW 1094 00:29:12,917 --> 00:29:14,385 OFTEN THE PEOPLE IN THEM TALK 1095 00:29:14,385 --> 00:29:16,387 ABOUT HOW ASHAMED THEY FEEL 1096 00:29:16,387 --> 00:29:18,556 ABOUT FALLING FOR THEM. 1097 00:29:18,556 --> 00:29:19,224 NOBODY IN MY FAMILY KNOWS. 1098 00:29:19,224 --> 00:29:21,392 NOBODY. 1099 00:29:21,392 --> 00:29:22,160 IT MAKES YOU FEEL BAD WHEN 1100 00:29:22,160 --> 00:29:23,561 YOU THINK YOU'VE DONE SOMETHING 1101 00:29:23,561 --> 00:29:24,129 THIS STUPID. 1102 00:29:24,129 --> 00:29:26,331 WHEN WE BOUGHT THE TIMESHARE 1103 00:29:26,331 --> 00:29:27,232 WHICH TOOK US TO THE CLEANERS 1104 00:29:27,232 --> 00:29:29,767 AND IT JUST MADE ME FEEL STUPID. 1105 00:29:29,767 --> 00:29:30,568 IT DOESN'T MAKE ME FEEL GOOD. 1106 00:29:30,568 --> 00:29:32,437 YOU KNOW, IT'S LIKE-- I-- I 1107 00:29:32,437 --> 00:29:34,005 THINK I'M SMARTER THAN THAT. 1108 00:29:34,005 --> 00:29:34,706 John: YEAH, I GET THAT. 1109 00:29:34,706 --> 00:29:36,808 BUT TO BE CLEAR, THE SHAME HERE 1110 00:29:36,808 --> 00:29:37,442 SHOULD NOT BE ON THE PEOPLE WHO 1111 00:29:37,442 --> 00:29:39,077 WERE DUPED. 1112 00:29:39,077 --> 00:29:39,978 IT SHOULD BE ON THE INDUSTRIES 1113 00:29:39,978 --> 00:29:41,412 THAT EXPLOITED THEM, TOLD THEM 1114 00:29:41,412 --> 00:29:43,148 "ANY FRIGGING THING" THEY WANTED 1115 00:29:43,148 --> 00:29:44,482 TO, AND ABUSED THEIR 1116 00:29:44,482 --> 00:29:46,251 UNDERSTANDABLE DESIRE JUST TO 1117 00:29:46,251 --> 00:29:48,119 TAKE A FUCKING BREAK! 1118 00:29:48,119 --> 00:29:50,054 SO, WHAT CAN WE DO? 1119 00:29:50,054 --> 00:29:51,789 WELL, ON THE OFF CHANCE ANYONE 1120 00:29:51,789 --> 00:29:53,424 WATCHING RIGHT NOW IS 1121 00:29:53,424 --> 00:29:54,425 CONSIDERING A TIMESHARE, DON'T 1122 00:29:54,425 --> 00:29:56,060 DO IT! 1123 00:29:56,060 --> 00:29:57,462 IF YOU KNOW SOMEONE CONSIDERING 1124 00:29:57,462 --> 00:29:59,497 IT, SEND THEM THIS SEGMENT. 1125 00:29:59,497 --> 00:30:00,899 IF YOU HAPPEN TO INHERIT A TIME 1126 00:30:00,899 --> 00:30:01,533 SHARE, GET RID OF IT AS FAST AS 1127 00:30:01,533 --> 00:30:03,835 POSSIBLE. 1128 00:30:03,835 --> 00:30:05,303 AND IF IT'S TOO LATE, AND YOU'RE 1129 00:30:05,303 --> 00:30:06,905 STUCK WITH IT, YOU CAN TRY AND 1130 00:30:06,905 --> 00:30:09,240 GIVE IT AWAY FOR $0 ONLINE, BUT 1131 00:30:09,240 --> 00:30:10,475 THE TRUTH IS, YOU'LL ONLY BE 1132 00:30:10,475 --> 00:30:12,577 FUCKING SOMEONE ELSE OVER THEN. 1133 00:30:12,577 --> 00:30:13,878 UNFORTUNATELY, THE BEST OPTION 1134 00:30:13,878 --> 00:30:15,213 MIGHT ACTUALLY BE TO CALL THE 1135 00:30:15,213 --> 00:30:17,582 TIMESHARE COMPANY AND SEE IF 1136 00:30:17,582 --> 00:30:18,283 THERE'S ANY CHANCE THAT THEY 1137 00:30:18,283 --> 00:30:20,818 WILL TAKE IT BACK. 1138 00:30:20,818 --> 00:30:22,353 AS FOR EXIT COMPANIES, AS YOU'VE 1139 00:30:22,353 --> 00:30:23,821 SEEN THERE'S BEEN SPORADIC LEGAL 1140 00:30:23,821 --> 00:30:25,390 ACTION AGAINST INDIVIDUAL 1141 00:30:25,390 --> 00:30:28,159 COMPANIES, BUT BY AND LARGE, 1142 00:30:28,159 --> 00:30:29,727 IT'S A WHACK-A-MOLE ECOSYSTEM. 1143 00:30:29,727 --> 00:30:30,361 WHEN ONE GOES DOWN, ANOTHER ONE 1144 00:30:30,361 --> 00:30:32,564 TENDS TO POP RIGHT UP. 1145 00:30:32,564 --> 00:30:33,998 SO THE TRUTH IS, THE BEST BET 1146 00:30:33,998 --> 00:30:35,433 RIGHT NOW SEEMS TO BE TO MAKE 1147 00:30:35,433 --> 00:30:37,735 SURE WE ALL WARN EACH OTHER 1148 00:30:37,735 --> 00:30:39,270 ABOUT JUST HOW FUCKED UP THIS 1149 00:30:39,270 --> 00:30:41,539 WHOLE INDUSTRY IS. 1150 00:30:41,539 --> 00:30:43,241 OR I SUPPOSE, WE COULD GO 1151 00:30:43,241 --> 00:30:44,475 ANOTHER WAY WITH IT. 1152 00:30:44,475 --> 00:30:45,243 AND IF YOU CAN'T BEAT THEM, JOIN 1153 00:30:45,243 --> 00:30:46,611 THEM. 1154 00:30:46,611 --> 00:30:47,912 SO JOINING ME NOW FOR A SPECIAL 1155 00:30:47,912 --> 00:30:49,180 SPONSORED SEGMENT THAT SHE MAY 1156 00:30:49,180 --> 00:30:51,816 OR MAY NOT HAVE PAID $3000 FOR, 1157 00:30:51,816 --> 00:30:53,384 PLEASE WELCOME BACK TO THE SHOW, 1158 00:30:53,384 --> 00:30:55,687 MY LOVELY WIFE, WANDA JO OLIVER! 1159 00:30:55,687 --> 00:30:58,156 [CHEERS AND APPLAUSE] 1160 00:30:58,156 --> 00:31:05,630 ♪ ♪ 1161 00:31:05,630 --> 00:31:07,198 John: HELLO THERE, M'WANDA! 1162 00:31:07,198 --> 00:31:10,235 Wanda: HELLO THERE, M'JOHN! 1163 00:31:10,235 --> 00:31:10,969 John: NOW, WANDA, I 1164 00:31:10,969 --> 00:31:12,270 UNDERSTAND YOU HAVE A NEW 1165 00:31:12,270 --> 00:31:13,338 TIMESHARE PRODUCT THAT YOU'D 1166 00:31:13,338 --> 00:31:14,439 LIKE TO SHARE? 1167 00:31:14,439 --> 00:31:15,340 Wanda: THAT'S RIGHT. 1168 00:31:15,340 --> 00:31:16,674 I'M HERE TO INTRODUCE MY NEW 1169 00:31:16,674 --> 00:31:20,211 COMPANY, TIMESHARE EXIT SQUARED. 1170 00:31:20,211 --> 00:31:21,879 YES, THE WORLD'S FIRST-EVER 1171 00:31:21,879 --> 00:31:23,181 TIMESHARE EXIT COMPANY EXIT 1172 00:31:23,181 --> 00:31:25,383 COMPANY. 1173 00:31:25,383 --> 00:31:27,318 John: WOW, FASCINATING! 1174 00:31:27,318 --> 00:31:28,853 WANDA, WHAT DOES TIMESHARE EXIT 1175 00:31:28,853 --> 00:31:29,854 SQUARED DO EXACTLY? 1176 00:31:29,854 --> 00:31:31,856 Wanda: WELL, LET'S SAY YOU'RE 1177 00:31:31,856 --> 00:31:33,324 STUCK IN A TIMESHARE AND YOU GO 1178 00:31:33,324 --> 00:31:35,126 TO AN EXIT COMPANY TO GET YOU 1179 00:31:35,126 --> 00:31:35,927 OUT OF THE CONTRACT. 1180 00:31:35,927 --> 00:31:36,694 BUT, UH-OH! 1181 00:31:36,694 --> 00:31:39,097 THAT COMPANY JUST TOOK ALL YOUR 1182 00:31:39,097 --> 00:31:39,831 MONEY AND DISAPPEARED WITHOUT 1183 00:31:39,831 --> 00:31:41,065 DOING A DANG THING! 1184 00:31:41,065 --> 00:31:43,801 WELL, TIMESHARE EXIT SQUARED CAN 1185 00:31:43,801 --> 00:31:45,203 FREE YOU FROM YOUR TIMESHARE 1186 00:31:45,203 --> 00:31:46,537 EXIT COMPANY AND GET ALL YOUR 1187 00:31:46,537 --> 00:31:48,072 MONEY BACK! 1188 00:31:48,072 --> 00:31:49,540 John: WOW, THAT IS AMAZING, 1189 00:31:49,540 --> 00:31:50,575 WANDA! 1190 00:31:50,575 --> 00:31:52,477 YOU ARE TRULY SAVING LIVES, JUST 1191 00:31:52,477 --> 00:31:54,078 LIKE DOCTORS, NURSES, AND 1192 00:31:54,078 --> 00:31:56,814 FIREFIGHTERS. 1193 00:31:56,814 --> 00:31:58,349 YOU ARE. 1194 00:31:58,349 --> 00:32:02,053 YOU ARE, WANDA. 1195 00:32:02,053 --> 00:32:03,021 Wanda: OH, I'M WAY BETTER 1196 00:32:03,021 --> 00:32:04,789 THAN ALL THEM! 1197 00:32:04,789 --> 00:32:05,957 ALL THOSE PEOPLE ARE SCUM 1198 00:32:05,957 --> 00:32:07,392 COMPARED TO ME! 1199 00:32:07,392 --> 00:32:08,293 I SPIT ON THEM. 1200 00:32:08,293 --> 00:32:09,827 John: YOU SPIT-- WOW. 1201 00:32:09,827 --> 00:32:12,096 AS YOU SHOULD, M'WANDA.! 1202 00:32:12,096 --> 00:32:13,431 NOW, HOW EXACTLY DOES TIMESHARE 1203 00:32:13,431 --> 00:32:15,333 EXIT SQUARED WORK? 1204 00:32:15,333 --> 00:32:19,437 HOW DOES IT WORK? 1205 00:32:19,437 --> 00:32:20,038 Wanda: WELL, IT COULDN'T BE 1206 00:32:20,038 --> 00:32:21,873 EASIER, M'JOHN. 1207 00:32:21,873 --> 00:32:23,241 SIMPLY PAY US A QUICK AND EASY 1208 00:32:23,241 --> 00:32:26,778 UPFRONT FEE OF $20,000, AND 1209 00:32:26,778 --> 00:32:27,745 WITHIN 3 TO 58 BUSINESS 1210 00:32:27,745 --> 00:32:29,447 MONTHS. 1211 00:32:29,447 --> 00:32:35,486 [LAUGHTER] 1212 00:32:35,486 --> 00:32:37,121 YOUR TIMESHARE EXIT COMPANY WILL 1213 00:32:37,121 --> 00:32:39,257 DEPOSIT A FULL REFUND TO YOUR 1214 00:32:39,257 --> 00:32:40,892 BANK ACCOUNT. 1215 00:32:40,892 --> 00:32:43,261 John: WOW. 1216 00:32:43,261 --> 00:32:43,795 WANDA, IS THAT GUARANTEED? 1217 00:32:43,795 --> 00:32:44,529 Wanda: OH, IT'S EVEN BETTER 1218 00:32:44,529 --> 00:32:48,199 THAN A GUARANTEE. 1219 00:32:48,199 --> 00:32:48,766 Wanda: IT'S A PINKY SWEAR 1220 00:32:48,766 --> 00:32:49,467 PROMISE! 1221 00:32:49,467 --> 00:32:52,904 JOHN: I LIKE THAT. 1222 00:32:52,904 --> 00:32:54,305 Wanda: THAT'S WHY TIMESHARE 1223 00:32:54,305 --> 00:32:56,040 EXIT SQUARED HAS OVER 9.3 1224 00:32:56,040 --> 00:32:57,408 BILLION HAPPY CUSTOMERS AND A 1225 00:32:57,408 --> 00:33:00,678 200% SATISFACTION RATE. 1226 00:33:00,678 --> 00:33:02,146 John: A 200%? 1227 00:33:02,146 --> 00:33:03,381 Wanda: THAT'S RIGHT! 1228 00:33:03,381 --> 00:33:05,016 FOR EVERY TIMESHARE EXIT SQUARED 1229 00:33:05,016 --> 00:33:06,918 CUSTOMER, ANOTHER RANDOM PERSON 1230 00:33:06,918 --> 00:33:09,787 IS ALSO LEFT SATISFIED. 1231 00:33:09,787 --> 00:33:11,089 John: WOW, WANDA, THAT'S 1232 00:33:11,089 --> 00:33:11,923 INCREDIBLE. 1233 00:33:11,923 --> 00:33:13,391 I'LL BE HONEST, I DIDN'T THINK 1234 00:33:13,391 --> 00:33:14,559 THIS WAS POSSIBLE, BUT IT 1235 00:33:14,559 --> 00:33:16,561 ACTUALLY IS! 1236 00:33:16,561 --> 00:33:17,929 Wanda: IT SURE IS, DEPENDING 1237 00:33:17,929 --> 00:33:19,530 ON YOUR DEFINITION OF POSSIBLE! 1238 00:33:19,530 --> 00:33:20,331 John: SURE, SURE, THAT'S 1239 00:33:20,331 --> 00:33:21,165 FAIR. 1240 00:33:21,165 --> 00:33:22,266 Wanda: AND IF YOU RUN INTO 1241 00:33:22,266 --> 00:33:23,601 ANY PROBLEMS OR DELAYS, JUST 1242 00:33:23,601 --> 00:33:25,136 CALL OUR HOTLINE AT 1243 00:33:25,136 --> 00:33:31,075 1-800-FLOWERS OR COME TO THE 1244 00:33:31,075 --> 00:33:33,811 TIMESHARE EXIT SQUARED OFFICES. 1245 00:33:33,811 --> 00:33:35,179 John: AND HOW WOULD SOMEONE 1246 00:33:35,179 --> 00:33:37,615 DO THAT, M'WANDA? 1247 00:33:37,615 --> 00:33:39,350 Wanda: WELL, ALL YOU HAVE TO 1248 00:33:39,350 --> 00:33:40,952 DO IS DRIVE UP NEXT TO THE 1249 00:33:40,952 --> 00:33:42,653 TIMESHARE EXIT SQUARED VAN AND 1250 00:33:42,653 --> 00:33:45,456 SCREAM YOUR 27-DIGIT CASE 1251 00:33:45,456 --> 00:33:46,124 NUMBER, AND WE'LL 1252 00:33:46,124 --> 00:33:48,092 BE HAPPY TO HELP WITH ANYTHING 1253 00:33:48,092 --> 00:33:49,694 YOU NEED UNTIL WE CROSS THE 1254 00:33:49,694 --> 00:33:55,867 BORDER INTO NOGALES, MEXICO. 1255 00:33:55,867 --> 00:33:56,401 John: THAT SOUNDS VERY 1256 00:33:56,401 --> 00:33:56,768 REASONABLE. 1257 00:33:56,768 --> 00:33:57,368 BUT PEOPLE SHOULD ACT FAST, 1258 00:33:57,368 --> 00:33:57,735 RIGHT, M'WANDA? 1259 00:33:57,735 --> 00:33:58,836 Wanda: THAT'S RIGHT, M'JOHN! 1260 00:33:58,836 --> 00:33:59,537 THIS PARTICULAR COMPANY IS ONLY 1261 00:33:59,537 --> 00:34:01,606 GOING TO EXIST FOR THE NEXT 3 1262 00:34:01,606 --> 00:34:02,039 DAYS. 1263 00:34:02,039 --> 00:34:02,507 John: RIGHT, RIGHT. 1264 00:34:02,507 --> 00:34:03,307 Wanda: THEN WE'RE SHUTTING IT 1265 00:34:03,307 --> 00:34:04,642 DOWN AND STARTING A NEW ONE IN 1266 00:34:04,642 --> 00:34:05,643 THE CAYMAN ISLANDS! 1267 00:34:05,643 --> 00:34:06,077 HAVE YOU EVER BEEN? 1268 00:34:06,077 --> 00:34:08,179 John: I HAVEN'T. 1269 00:34:08,179 --> 00:34:10,515 I HAVEN'T. 1270 00:34:10,515 --> 00:34:11,883 Wanda: WELL, I COULD SELL YOU 1271 00:34:11,883 --> 00:34:13,151 A WEEK A YEAR THERE FOR JUST 1272 00:34:13,151 --> 00:34:13,484 $50,000. 1273 00:34:13,484 --> 00:34:14,719 NOBODY LEAVES HERE WITHOUT 1274 00:34:14,719 --> 00:34:15,286 BUYING SOMETHING. 1275 00:34:15,286 --> 00:34:16,354 SOMETHING. 1276 00:34:16,354 --> 00:34:17,422 John: SHE'S RIGHT. 1277 00:34:17,422 --> 00:34:18,523 THANK YOU SO MUCH, M'WANDA. 1278 00:34:18,523 --> 00:34:19,524 THAT'S OUR SHOW, THANK YOU SO 1279 00:34:19,524 --> 00:34:21,092 MUCH FOR WATCHING. 1280 00:34:21,092 --> 00:34:26,664 WE'RE OFF NEXT WEEK. 1281 00:34:26,664 --> 00:34:27,198 WE'LL BE BACK AFTER THAT! 1282 00:34:27,198 --> 00:34:27,465 GOODNIGHT! 1283 00:34:27,465 --> 00:34:28,466 THANK YOU SO MUCH, M'WANDA. 1284 00:34:28,466 --> 00:34:29,033 THAT SOUNDS LIKE A FANTASTIC 1285 00:34:29,033 --> 00:34:31,536 DEAL! 1286 00:34:31,536 --> 00:34:33,070 > Wanda: WOO! 1287 00:34:33,070 --> 00:34:34,172 I'M NECK DEEP IN CASH, YOU 1288 00:34:34,172 --> 00:34:37,375 JERKS. 1289 00:34:37,375 --> 00:34:40,812 [CHEERS AND APPLAUSE] 1290 00:34:40,812 --> 00:34:41,879 ADIOS, AMIGOS!