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00:00:08,819 --> 00:00:11,550
[Bryan]
Previously on Billions...
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00:00:11,659 --> 00:00:14,185
So the key to bagging Axe is...
3
00:00:14,299 --> 00:00:15,266
[Bryan]
Pete Decker.
4
00:00:15,379 --> 00:00:18,826
Mr. Decker, we have an awful lot
to talk about.
5
00:00:18,939 --> 00:00:20,703
[Tara] You think you're gonna
fucking blackmail me?
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00:00:20,819 --> 00:00:24,460
You're gonna watch,
listen, and report.
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00:00:24,579 --> 00:00:27,185
We got a subpoena on your folks'
investment portfolio,
8
00:00:27,299 --> 00:00:29,700
and it seems that they were in
on the Pepsum trade.
9
00:00:29,859 --> 00:00:31,190
Yeah, I'll come in on Monday.
10
00:00:31,299 --> 00:00:33,540
I just lost my mojo
somewhere along the line.
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00:00:33,699 --> 00:00:34,860
It's fucking gone.
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00:00:34,979 --> 00:00:38,062
Everyone else is up double digits.
13
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I'm down.
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00:00:39,259 --> 00:00:40,829
You're just listening to the wrong voice.
15
00:00:40,939 --> 00:00:42,907
It's what I like to call
"the prisoner's dilemma."
16
00:00:43,019 --> 00:00:45,021
No, you don't like to call it that.
That's what it's called.
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00:00:45,139 --> 00:00:47,506
Does no one ever check you
on this bullshit?
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00:00:47,619 --> 00:00:50,350
You have to ask yourself,
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00:00:50,459 --> 00:00:52,587
"What is he gonna attack next?"
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00:00:52,699 --> 00:00:56,340
Find a way to bury the son of a bitch.
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00:00:56,459 --> 00:00:58,348
I haven't been able
to get Garth Sykes on the phone.
22
00:00:58,459 --> 00:00:59,745
He bails, it hurts us.
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00:00:59,859 --> 00:01:02,544
When can I see Axe
and talk to him about it?
24
00:01:02,659 --> 00:01:04,263
It's a crush-the-other-guy business.
25
00:01:04,379 --> 00:01:05,949
It's like Highlander.
26
00:01:06,059 --> 00:01:07,504
There can be only one.
27
00:01:08,739 --> 00:01:10,582
I want to give you a short
that you're not gonna bail on.
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00:01:10,699 --> 00:01:11,780
Do you know Cross-Co.?
29
00:01:11,899 --> 00:01:13,549
I don't see the short play.
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00:01:13,659 --> 00:01:16,822
I don't need you to see it.
I need you to do it.
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♪ Pensive music I
32
00:01:27,699 --> 00:01:32,705
III
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00:01:35,779 --> 00:01:38,669
♪ Andrew Bird's "Oh No" playing a'
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00:01:38,779 --> 00:01:43,785
III
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00:02:00,539 --> 00:02:04,783
♪ In the salsify mains of what
was thought but unsaid I'
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00:02:04,899 --> 00:02:08,984
♪ All the calcified arithmetists
were doing the math a'
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00:02:09,099 --> 00:02:11,067
III
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00:02:11,179 --> 00:02:14,501
♪ And it would take
a calculated blow to the head I
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00:02:14,619 --> 00:02:19,261
♪ To light the eyes of all
the harmless sociopaths a'
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00:02:19,379 --> 00:02:21,143
III
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00:02:21,259 --> 00:02:24,581
♪ Oh, arm in arm,
we are the harmless sociopaths a'
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00:02:24,699 --> 00:02:29,148
♪ Oh, arm in arm
with all the harmless sociopaths a'
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00:02:29,259 --> 00:02:32,229
♪ Calcium mines are buried
deep in your chest... a'
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[sirens wailing]
45
00:02:33,419 --> 00:02:37,219
♪ Oh, the calcium mines
you buried deep in your chest... a'
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[man] Drop the weapon!
Let's see your hands!
47
00:02:39,139 --> 00:02:40,823
Drop the weapon now!
48
00:02:40,939 --> 00:02:42,179
Go!
49
00:02:42,299 --> 00:02:44,506
♪ You're deep in a mine I
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[men grunting]
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00:02:45,659 --> 00:02:48,663
[cell phone vibrating]
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Yeah.
53
00:02:53,979 --> 00:02:55,743
Okay. Where?
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00:02:57,659 --> 00:02:59,468
I'm coming.
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00:03:19,339 --> 00:03:21,023
How you keeping?
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00:03:21,139 --> 00:03:23,745
[men speaking indistinctly]
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00:03:27,099 --> 00:03:28,863
[Hall]
I appreciate this.
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00:03:32,339 --> 00:03:34,182
[car door closes]
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00:03:44,979 --> 00:03:46,424
Okay.
60
00:03:46,539 --> 00:03:47,825
You got something in your stomach now.
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00:03:47,939 --> 00:03:50,590
The cops are far away.
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00:03:50,699 --> 00:03:52,428
This is when you tell me
what the fuck transpired
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00:03:52,539 --> 00:03:54,268
inside that head of yours.
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00:03:54,379 --> 00:03:57,030
I was blowing steam, I guess.
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00:03:58,059 --> 00:04:00,061
You're not tanking anymore.
66
00:04:00,179 --> 00:04:03,422
I've seen your runs.
You pulled past even.
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00:04:03,539 --> 00:04:04,870
Open road ahead of you.
68
00:04:04,979 --> 00:04:08,950
It was an $8 million day to the good.
69
00:04:09,059 --> 00:04:10,345
[sighs]
70
00:04:10,499 --> 00:04:13,628
I had a drink.
Three.
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00:04:13,739 --> 00:04:15,582
Watched the Yanks lose.
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00:04:16,899 --> 00:04:19,345
And then there was just...
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00:04:19,459 --> 00:04:20,301
nothing.
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00:04:20,419 --> 00:04:21,864
You don't feel anything.
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00:04:21,979 --> 00:04:23,947
Maybe a twinge when I get crushed.
76
00:04:24,059 --> 00:04:25,549
Nothing when I'm up.
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00:04:25,659 --> 00:04:26,945
It happens.
78
00:04:27,099 --> 00:04:29,306
You ever do this thing
where you pull up your positions
79
00:04:29,419 --> 00:04:31,421
and just stare at them on the screen?
80
00:04:31,539 --> 00:04:34,224
Try to really hold on
to all that money inside?
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00:04:34,339 --> 00:04:36,103
No.
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00:04:36,219 --> 00:04:37,789
Does it make you feel happy
when you do?
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00:04:37,939 --> 00:04:39,703
Like it's enough?
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00:04:39,859 --> 00:04:40,781
No.
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00:04:40,899 --> 00:04:42,105
Right.
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00:04:42,219 --> 00:04:44,620
Because what drives you
doesn't understand "enough."
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00:04:46,539 --> 00:04:48,109
Well, last night, I was doing it-
88
00:04:48,219 --> 00:04:50,540
staring at the numbers.
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00:04:50,659 --> 00:04:53,230
I look away from the screen,
out the window,
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00:04:53,339 --> 00:04:55,865
and I see them out there,
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00:04:55,979 --> 00:04:58,664
eating everything we planted
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00:04:58,779 --> 00:05:02,261
like it's a fucking salad bar for them.
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00:05:02,379 --> 00:05:04,063
And then just...
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00:05:04,219 --> 00:05:06,028
rage...
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00:05:06,179 --> 00:05:09,023
over how fucking stupid they are.
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00:05:09,179 --> 00:05:12,501
Eat, move, shit.
Eat, move, shit. Repeat.
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00:05:12,619 --> 00:05:14,269
I mean, how can things
that dumb have the gall
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to occupy the same space that I do?
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00:05:16,619 --> 00:05:18,303
Does that one make any sense to you?
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00:05:19,379 --> 00:05:20,983
Yeah, more than you know.
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00:05:25,459 --> 00:05:26,870
Is that Pete Decker?
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00:05:26,979 --> 00:05:28,788
What?
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00:05:28,899 --> 00:05:30,503
He used to work at Axe.
104
00:05:31,659 --> 00:05:33,468
- Do you have business with him?
- Which guy?
105
00:05:33,619 --> 00:05:34,745
Decker. There.
106
00:05:37,139 --> 00:05:38,470
I don't know.
I guess I missed him.
107
00:05:38,579 --> 00:05:39,785
I love you.
108
00:05:39,899 --> 00:05:41,788
Talk to you, okay?
109
00:05:43,099 --> 00:05:47,388
Look, there won't be any record
of what happened here.
110
00:05:47,499 --> 00:05:48,830
It's been worked out.
111
00:05:50,499 --> 00:05:52,501
But I'll remember.
112
00:05:52,619 --> 00:05:53,905
I can't have this.
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00:05:55,299 --> 00:05:57,870
Can't give the world
another reason to hate us.
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Can't give a wedge
to law enforcement, a way in.
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You understand?
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Go get yourself coffee.
Shower in the gym.
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Don't fucking talk
about any of this to anyone.
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Keep it together.
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All right?
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00:06:17,299 --> 00:06:19,347
[Pete] What you need to know
before we even start
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is how tight these guys are
with each other.
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They are grateful, and they're scared.
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[Chuck]
Let's get started.
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This is a proffer session,
otherwise known as "queen for a day."
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[sighs]
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00:06:28,979 --> 00:06:32,347
As the documents you signed state,
you lay out everything illegal
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00:06:32,459 --> 00:06:35,861
you've done in the securities industry,
particularly in regards to Axe Capital,
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00:06:36,019 --> 00:06:39,228
in return for a felony 5K letter
reducing sentence.
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00:06:39,339 --> 00:06:43,742
If you are untruthful or withholding,
you can and will be prosecuted.
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[sighs]
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"Sing for your supper,
and you'll get breakfast in the morn."
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But what they don't spell out
in that, uh, fine showstopper
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is what happens when you decide
that you forgot the tune.
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00:07:03,819 --> 00:07:07,028
Well, then you go to jail, Pete,
and so do Mom and Dad.
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00:07:09,539 --> 00:07:12,190
So is it prison or start talking?
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Just another schnook
running his own money.
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Fucking egg noodles with ketchup.
138
00:07:21,739 --> 00:07:24,788
Okay. Let's do this.
139
00:07:24,939 --> 00:07:27,704
How does the day start at Axe Capital?
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00:07:27,859 --> 00:07:29,224
What does Axe do?
141
00:07:29,339 --> 00:07:31,819
The real answer is anything he wants.
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00:07:32,939 --> 00:07:34,100
When you're at his level,
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00:07:34,219 --> 00:07:36,665
you're more like a nation-state
than a person.
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00:07:36,779 --> 00:07:38,702
There is no schedule he's following.
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00:07:38,819 --> 00:07:40,821
I mean, when he shows up,
the meeting starts.
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- [Chuck] I got it. He's rich.
- [Bobby] Let's go.
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[Pete]
Rich?
148
00:07:43,739 --> 00:07:44,979
Rich is a Marquis Jet card,
149
00:07:45,099 --> 00:07:46,385
uh, flying out East on a chopper.
150
00:07:46,499 --> 00:07:49,025
This is more like,
"Hey, I want a cheesesteak.
151
00:07:49,139 --> 00:07:51,790
Send some guy to Philly
and bring them back for everyone."
152
00:07:51,899 --> 00:07:53,185
Jim's or Shank's?
153
00:07:53,299 --> 00:07:55,267
Both. And Tony Luke's.
154
00:07:55,379 --> 00:07:58,303
The fact is, he does not need
to call meetings.
155
00:07:58,419 --> 00:08:00,660
Everywhere he goes,
they form around him.
156
00:08:00,779 --> 00:08:03,259
I mean, he's like a-
like an aircraft carrier
157
00:08:03,379 --> 00:08:04,665
in the center of a strike group.
158
00:08:04,779 --> 00:08:05,746
When he turns left,
159
00:08:05,899 --> 00:08:07,503
battleships, destroyers, subs,
160
00:08:07,619 --> 00:08:09,303
they all turn left with him.
161
00:08:09,419 --> 00:08:10,420
- I could use a coffee.
- Yeah.
162
00:08:10,539 --> 00:08:12,268
- Anyone else?
- In a minute.
163
00:08:12,379 --> 00:08:13,460
Keep going.
164
00:08:13,579 --> 00:08:15,820
[sighs] You just don't know
where his focus is gonna land.
165
00:08:15,939 --> 00:08:17,748
Sometimes you hope it lands on you.
166
00:08:17,859 --> 00:08:19,588
Sometimes you wish you were invisible,
167
00:08:19,699 --> 00:08:23,499
because when it does land on you,
he sees everything.
168
00:08:23,619 --> 00:08:25,189
[Mafee]
No, no.
169
00:08:25,299 --> 00:08:27,825
I did get the offer,
but I did turn it down.
170
00:08:27,939 --> 00:08:30,021
- That's what I was coming to tell you.
- Good.
171
00:08:30,139 --> 00:08:32,141
Because it seemed like maybe
you were trying to tell me
172
00:08:32,299 --> 00:08:34,108
if I didn't match it,
you were gonna leave.
173
00:08:34,259 --> 00:08:36,387
No, I was trying to be loyal.
174
00:08:36,499 --> 00:08:38,786
You don't try to be loyal.
You just are.
175
00:08:38,899 --> 00:08:39,866
Or you're not.
176
00:08:39,979 --> 00:08:42,550
I am.
177
00:08:42,659 --> 00:08:44,787
Well, that's heartening, Mafee.
178
00:08:44,939 --> 00:08:47,545
[sighs]
179
00:08:47,659 --> 00:08:48,785
Information flow.
180
00:08:48,939 --> 00:08:51,180
When you are Bobby Axelrod,
181
00:08:51,299 --> 00:08:52,585
you don't chase information.
182
00:08:52,739 --> 00:08:54,309
Information flows to you.
183
00:08:54,419 --> 00:08:56,740
- What kind?
- All kinds.
184
00:08:56,859 --> 00:08:59,624
It could be an owner of a sports team
inviting him to sit in a box
185
00:08:59,739 --> 00:09:00,945
at a-at an all-star game
186
00:09:01,059 --> 00:09:03,380
or some leader of an African republic
187
00:09:03,539 --> 00:09:05,906
looking for a-a handout.
188
00:09:06,019 --> 00:09:08,067
While the rest of us
are plugging away, ants,
189
00:09:08,179 --> 00:09:09,863
he sees the whole board.
190
00:09:10,779 --> 00:09:11,780
Hey.
191
00:09:11,899 --> 00:09:13,424
[Constantine]
You always said to call this number
192
00:09:13,539 --> 00:09:16,383
and only this number
in a circumstance like this.
193
00:09:19,459 --> 00:09:21,860
[Bobby]
I understand.
194
00:09:21,979 --> 00:09:24,664
This has to be
an in-person conversation.
195
00:09:24,779 --> 00:09:27,146
I'll tell you a time and place.
196
00:09:27,259 --> 00:09:29,102
Hey, and thanks for the call,
Constantine.
197
00:09:29,219 --> 00:09:30,983
You're a good friend.
198
00:09:31,099 --> 00:09:33,545
[Pete] You never really know
what he's doing or why.
199
00:09:33,659 --> 00:09:34,865
I mean, he says he's going
to Morocco
200
00:09:34,979 --> 00:09:36,105
to check out a seven-star hotel,
201
00:09:36,219 --> 00:09:37,903
but then you find out
he's really in Hangzhou
202
00:09:38,019 --> 00:09:39,225
making a web-portal play.
203
00:09:39,339 --> 00:09:40,784
Oh. Hey, Pouch needs
a minute with you.
204
00:09:40,899 --> 00:09:41,786
Later.
205
00:09:41,899 --> 00:09:44,300
Metallica's playing one
North American gig this year.
206
00:09:44,419 --> 00:09:45,784
Tonight. Quebec.
207
00:09:45,899 --> 00:09:46,946
We going?
208
00:09:47,059 --> 00:09:48,982
You're half right.
You got the con, brother.
209
00:09:49,099 --> 00:09:50,260
And like I always say-
210
00:09:50,419 --> 00:09:52,626
Don't fuck it up.
I know.
211
00:09:52,739 --> 00:09:55,629
♪ funky music ♪
212
00:09:55,739 --> 00:09:58,948
III
213
00:09:59,059 --> 00:10:00,663
- [Ike] There he is!
- [Seids] Hey!
214
00:10:00,779 --> 00:10:01,826
[Ike]
Here he is!
215
00:10:03,899 --> 00:10:05,310
[Bobby]
Kill 'em all, baby!
216
00:10:05,419 --> 00:10:06,909
- Whoo-hoo!
- [Ike] Yeah, kill 'em all!
217
00:10:07,059 --> 00:10:08,424
' AXe!
_“au9hs]
218
00:10:08,539 --> 00:10:11,110
Fuck, fellas.
It is good to see you.
219
00:10:11,219 --> 00:10:12,983
- How are you, bro?
- Metallica? Holy shit.
220
00:10:13,099 --> 00:10:14,464
I couldn't be more psyched
if you told me
221
00:10:14,579 --> 00:10:17,105
Jillian Barberie is gonna ride my face
like American Pharoah.
222
00:10:17,219 --> 00:10:18,630
That's beautiful.
I want that on my tombstone.
223
00:10:18,779 --> 00:10:19,587
All yours.
224
00:10:19,739 --> 00:10:20,945
Hey, where's Freddie?
Not coming?
225
00:10:21,059 --> 00:10:22,060
Yeah, he's late, as usual.
226
00:10:22,179 --> 00:10:23,749
Yeah, you know what?
We should leave his ass.
227
00:10:23,859 --> 00:10:25,429
Rule is, if a guy
is flying you somewhere,
228
00:10:25,579 --> 00:10:27,343
he gets to show up last,
step on the plane,
229
00:10:27,499 --> 00:10:28,864
close the door, take off, right?
230
00:10:28,979 --> 00:10:30,822
If you own the plane, you don't wait.
231
00:10:30,939 --> 00:10:32,179
That's the rules, but not for you guys.
232
00:10:32,339 --> 00:10:34,467
Never for you guys.
Come on.
233
00:10:36,699 --> 00:10:38,861
Ah, that's not Freddie.
Shit.
234
00:10:41,899 --> 00:10:42,900
Dude.
235
00:10:43,019 --> 00:10:44,828
How far do I have to go
not to be bothered?
236
00:10:44,939 --> 00:10:45,826
I wanted to catch you-
237
00:10:45,939 --> 00:10:47,509
- Hey, Axe, sorry I'm late, man.
- [Ike] Freddie!
238
00:10:47,619 --> 00:10:49,030
Freddie!
Hey, what's up, brother?
239
00:10:49,139 --> 00:10:50,584
- Hey.
- Hey, jump on. Jump on.
240
00:10:50,699 --> 00:10:52,349
- I'll be there in a sec.
- Okay.
241
00:10:53,299 --> 00:10:55,028
I have to talk about the Cross-Co. short.
242
00:10:55,139 --> 00:10:57,187
I didn't understand the play
when you had me make it.
243
00:10:57,299 --> 00:10:58,221
Now I do.
244
00:10:58,339 --> 00:10:59,989
We should get out of the position.
245
00:11:00,099 --> 00:11:00,941
I'd never do that.
246
00:11:01,059 --> 00:11:03,426
It's the only way to eliminate
potential conflict of interest.
247
00:11:03,539 --> 00:11:05,667
- There's no conflict.
- Come on.
248
00:11:05,779 --> 00:11:06,826
It won't look good.
249
00:11:06,939 --> 00:11:08,987
You set the position, then jump
onto the board of YumTlme.
250
00:11:09,099 --> 00:11:10,624
If I made moves...
251
00:11:10,739 --> 00:11:11,945
- [camera shutter clicks]
- ...based on what looked good,
252
00:11:12,059 --> 00:11:14,221
I'm damn sure I wouldn't have
this puppy right here.
253
00:11:14,379 --> 00:11:16,427
And I'm on lots of boards.
254
00:11:16,539 --> 00:11:17,779
Those don't have contracts
255
00:11:17,899 --> 00:11:19,981
they're dumping
with Cross-Co. Trucking.
256
00:11:23,139 --> 00:11:25,301
A guy I talked to
who traffics in the name
257
00:11:25,419 --> 00:11:28,548
says he's hearing whispers
the contract's going to be canceled.
258
00:11:28,659 --> 00:11:31,629
This opens us up
to contract steering, manipulation.
259
00:11:31,739 --> 00:11:33,468
It opens me up.
260
00:11:33,579 --> 00:11:36,389
I didn't have the board seat
when we took the short position.
261
00:11:36,499 --> 00:11:39,070
And I don't have anything to do
with the day-to-day at Yumfime
262
00:11:39,179 --> 00:11:41,068
or their contracts with vendors.
263
00:11:41,179 --> 00:11:42,863
There's no paper that says I do.
264
00:11:42,979 --> 00:11:45,744
So the only thing you're open to
is making some money,
265
00:11:45,859 --> 00:11:47,588
which would make a nice change.
266
00:11:47,699 --> 00:11:48,746
[Freddie chuckles]
267
00:11:48,859 --> 00:11:50,907
Like your wife says,
hold the fucking position
268
00:11:51,019 --> 00:11:52,305
until I tell you I'm done.
269
00:11:52,459 --> 00:11:54,427
- [laughter]
- Come on. Come on.
270
00:11:54,539 --> 00:11:55,904
[Ike]
I guess that meeting's over, huh?
271
00:11:56,019 --> 00:11:57,225
[Seids]
ShOtQun!
272
00:11:57,379 --> 00:11:58,619
All right.
273
00:11:59,619 --> 00:12:02,145
Inside information, specifically.
274
00:12:02,299 --> 00:12:03,425
Where is it coming from?
275
00:12:03,539 --> 00:12:06,224
[sighs]
Where does rain come from?
276
00:12:06,339 --> 00:12:08,819
The sky. God himself.
277
00:12:08,939 --> 00:12:13,228
[chuckles] Information comes
from everywhere and all at once,
278
00:12:13,339 --> 00:12:14,943
from guys who owe him,
279
00:12:15,059 --> 00:12:18,586
guys he's worked, charmed,
hired, paid off for years.
280
00:12:18,699 --> 00:12:21,384
Sell-side traders looking to get
a gold star next to their name.
281
00:12:21,499 --> 00:12:22,500
Disgruntled employees,
282
00:12:22,619 --> 00:12:24,348
execs at the company in question,
283
00:12:24,459 --> 00:12:26,860
an analyst covering a stock
who feels underpaid.
284
00:12:26,979 --> 00:12:28,902
Like rain, it comes.
285
00:12:29,019 --> 00:12:31,181
Sounds like it's great to be Axe.
286
00:12:31,299 --> 00:12:34,223
It is.
But it's a zero-sum game.
287
00:12:34,339 --> 00:12:36,103
Kill and eat or be eaten.
288
00:12:36,219 --> 00:12:37,505
I mean, don't kid yourselves.
289
00:12:37,619 --> 00:12:38,780
These guys are like kings.
290
00:12:38,899 --> 00:12:41,470
Someone is always coming
to assassinate them.
291
00:12:45,859 --> 00:12:46,826
You ready, Quince?
292
00:12:46,939 --> 00:12:48,384
Yeah.
293
00:12:48,499 --> 00:12:52,299
But you're gonna love what I just heard
from this British fruit, Farraday-
294
00:12:52,419 --> 00:12:54,148
my guy on the stock loan desk.
295
00:12:54,259 --> 00:12:57,980
Guess which hedge-funder's got himself
in a precarious short,
296
00:12:58,099 --> 00:12:59,544
ripe for a squeeze?
297
00:12:59,659 --> 00:13:01,468
If you're talking Bobby Axelrod,
298
00:13:01,579 --> 00:13:04,788
this just became
my favorite round of the year.
299
00:13:04,899 --> 00:13:06,230
You have details?
300
00:13:06,339 --> 00:13:07,226
I do.
301
00:13:07,339 --> 00:13:10,661
Hit first.
And talk.
302
00:13:10,779 --> 00:13:14,306
I want to know what stock
I'm running up his ass.
303
00:13:14,459 --> 00:13:17,269
It's a trucking company...
304
00:13:17,419 --> 00:13:18,989
Cross-Co.
305
00:13:20,939 --> 00:13:22,509
Right here on the course?
306
00:13:22,619 --> 00:13:24,860
I'm president emeritus.
307
00:13:24,979 --> 00:13:27,266
I do what I want.
308
00:13:27,379 --> 00:13:28,949
[chuckling]
309
00:13:29,059 --> 00:13:30,663
All right. To me?
310
00:13:32,219 --> 00:13:33,903
- [Bobby] Come on.
- Eat those.
311
00:13:34,059 --> 00:13:35,390
- [Ike] Wow.
- Fuckers.
312
00:13:35,499 --> 00:13:37,820
There's nothing I could do.
It was the only diamond in my hand.
313
00:13:37,979 --> 00:13:40,664
You know I can still read you,
same as in ninth grade, right?
314
00:13:40,819 --> 00:13:43,504
I know when you're lying.
I know when you're telling the truth.
315
00:13:43,619 --> 00:13:45,508
- Which is fucking rare.
- Blow me.
316
00:13:45,619 --> 00:13:47,986
- [Freddie] Truthful request.
- [Bobby] Exactly.
317
00:13:48,099 --> 00:13:49,464
- [Ike] Eat another.
- [Bobby] Guys, come on.
318
00:13:49,619 --> 00:13:51,508
You even think about letting me win?
319
00:13:51,659 --> 00:13:53,343
_ [F ' My plane?
redche] Oh, yeah?
320
00:13:53,459 --> 00:13:55,348
When we boxed in my basement,
you think about letting me win?
321
00:13:55,499 --> 00:13:57,706
Flaughsl
I'd try.
322
00:13:57,819 --> 00:13:59,628
You'd stick your fucking jaw out
every time you threw a cross.
323
00:13:59,739 --> 00:14:01,184
You would just, like, sit there,
begging to be hit.
324
00:14:01,339 --> 00:14:02,147
Freddie the Chin.
325
00:14:02,259 --> 00:14:05,024
Yeah, but I seem to recall
beating all of your asses.
326
00:14:05,139 --> 00:14:06,550
- Indeed.
- You had the ape strength.
327
00:14:06,659 --> 00:14:07,990
[Bobby]
Ape smell, anyway.
328
00:14:08,099 --> 00:14:09,464
[laughter]
329
00:14:09,579 --> 00:14:10,660
You know what the best thing was?
330
00:14:10,779 --> 00:14:12,941
Is that you always thought
that you were gonna win, Axe,
331
00:14:13,099 --> 00:14:14,669
right up until the moment that you fell.
332
00:14:18,339 --> 00:14:21,183
[Bobby]
You know, some of us have changed.
333
00:14:21,299 --> 00:14:24,508
Like when we used to play this,
I always used to try to shoot the moon.
334
00:14:24,619 --> 00:14:27,543
Back then, I was reckless,
and, you know, I had nothing to lose,
335
00:14:27,699 --> 00:14:29,144
so I'd risk it all at the same time.
336
00:14:29,259 --> 00:14:32,308
But, you know, not now.
337
00:14:32,419 --> 00:14:35,866
You're still reckless.
You just mask it better.
338
00:14:35,979 --> 00:14:37,708
You still need to crush, not just win.
339
00:14:37,819 --> 00:14:40,060
Still need to knock me
the fuck out in my own basement.
340
00:14:40,179 --> 00:14:42,750
Whoa, Freddie.
[chuckling] Take it easy.
341
00:14:42,859 --> 00:14:44,349
What the fuck?
342
00:14:44,459 --> 00:14:46,063
I mean, we used to go
at each other hard
343
00:14:46,179 --> 00:14:47,669
all the time out of respect.
344
00:14:47,779 --> 00:14:49,269
That's the kind of friendship it was.
345
00:14:49,379 --> 00:14:51,586
What kind of prick would he be
if he took it easy now?
346
00:14:51,699 --> 00:14:52,905
Hey, I'm just pointing out
that while he's telling us
347
00:14:53,019 --> 00:14:54,862
he doesn't shoot the moon anymore,
348
00:14:54,979 --> 00:14:57,903
he just shot the fucking moon on us.
349
00:14:58,059 --> 00:15:00,107
Flaughsl
350
00:15:00,219 --> 00:15:03,109
Unless you can take this,
which you can't.
351
00:15:03,219 --> 00:15:04,584
No. Sh...
352
00:15:04,699 --> 00:15:05,746
[Seids] Freddie, you're the one
who fucked that one up.
353
00:15:05,899 --> 00:15:07,628
I mean, you saw what he was up to.
354
00:15:07,779 --> 00:15:08,940
I mean, I caught on a little bit later,
355
00:15:09,059 --> 00:15:11,790
but I didn't have the cards
to do anything about it, but you did.
356
00:15:11,899 --> 00:15:13,788
I mean, you haven't changed at all.
357
00:15:13,899 --> 00:15:16,061
I mean, he was just waiting
for somebody to stop him, like Ike...
358
00:15:16,179 --> 00:15:17,101
- [Bobby] Right.
- ...and you were just trying
359
00:15:17,219 --> 00:15:18,220
to preserve your own position.
360
00:15:18,339 --> 00:15:19,784
So now I'm a dick
'cause I'm trying to win?
361
00:15:19,899 --> 00:15:20,786
- Yes.
- Yeah.
362
00:15:20,899 --> 00:15:22,264
- You're the dick.
- Yeah. You're the dick.
363
00:15:22,419 --> 00:15:25,628
The king.
Who protects his flank?
364
00:15:25,739 --> 00:15:27,628
My client is getting hungry.
365
00:15:27,739 --> 00:15:28,900
You are.
366
00:15:29,019 --> 00:15:31,625
We'll take an hour...
in a minute.
367
00:15:31,739 --> 00:15:33,150
Flank.
368
00:15:33,259 --> 00:15:35,546
Prime brokers,
trading arms of the big banks.
369
00:15:35,659 --> 00:15:37,548
On paper, they're supposed
to serve two functions-
370
00:15:37,659 --> 00:15:39,787
provide credit and execute trades.
371
00:15:39,899 --> 00:15:42,630
They're like loan sharks
for guys too rich to use loan sharks.
372
00:15:42,739 --> 00:15:44,229
Example.
373
00:15:45,259 --> 00:15:46,749
They let you trade on margin,
374
00:15:46,899 --> 00:15:48,583
lever up your book two,
close to three times,
375
00:15:48,699 --> 00:15:49,621
even these days.
376
00:15:49,779 --> 00:15:50,985
And when you stumble,
they're there to catch you,
377
00:15:51,099 --> 00:15:53,147
even if it means
they take a short-term loss.
378
00:15:53,259 --> 00:15:54,624
Why would they do that?
379
00:15:54,739 --> 00:15:57,583
Their business model is like a casino's.
380
00:15:57,699 --> 00:15:59,144
Take care of the whales.
381
00:15:59,259 --> 00:16:03,230
So it's in their interest to serve him
in whatever way he needs.
382
00:16:03,339 --> 00:16:05,546
Right up until the whale gets beached.
383
00:16:07,619 --> 00:16:10,668
Wags, Roytan upgraded CXC,
Cross-Co. Trucking,
384
00:16:10,779 --> 00:16:11,940
to a "strong buy."
385
00:16:12,059 --> 00:16:13,265
Shit.
386
00:16:13,379 --> 00:16:15,143
That's bad for our short.
Target?
387
00:16:15,259 --> 00:16:16,420
They think it could hit $90.
388
00:16:16,539 --> 00:16:18,223
Fuck!
389
00:16:18,339 --> 00:16:21,024
Double scoop of shit.
390
00:16:21,139 --> 00:16:23,141
[chuckles]
Look at that email.
391
00:16:23,259 --> 00:16:25,023
They're recalling our shares.
392
00:16:25,139 --> 00:16:26,425
Pulling the fucking rug.
393
00:16:26,539 --> 00:16:27,950
I'm calling Axe.
394
00:16:31,459 --> 00:16:33,188
Hey, Chief.
Sorry to bother you.
395
00:16:33,299 --> 00:16:35,984
Roytan analysts pumped it up
on Cross-Ca, target of $90,
396
00:16:36,099 --> 00:16:38,147
right when the prime emailed
to take the stock back.
397
00:16:38,259 --> 00:16:39,704
That can't be a coincidence.
398
00:16:39,819 --> 00:16:41,344
[Wags]
No.
399
00:16:41,499 --> 00:16:43,501
Son of a bitch.
400
00:16:43,619 --> 00:16:45,701
It's a short squeeze.
401
00:16:45,819 --> 00:16:47,867
Someone found out about our position.
402
00:16:47,979 --> 00:16:50,459
Guys on the prime broker desks
have looser lips than my first wife
403
00:16:50,579 --> 00:16:52,388
after the second kid.
404
00:16:52,499 --> 00:16:54,069
What do you want to do?
Bleed some off?
405
00:16:54,219 --> 00:16:55,550
No. We got to hold.
406
00:16:55,659 --> 00:16:57,309
It's gonna pay off big-time.
407
00:16:57,419 --> 00:17:00,229
Get the fucking prime broker
on the phone right now.
408
00:17:00,339 --> 00:17:01,465
[telephone rings]
409
00:17:01,579 --> 00:17:02,819
[W898]
Farraday. Wags and Axe.
410
00:17:02,979 --> 00:17:05,789
- Gentlemen.
- Don't "gentlemen" me.
411
00:17:05,939 --> 00:17:08,180
We need another day on Cross-Co.,
plain and simple.
412
00:17:08,299 --> 00:17:10,222
Axe, you know how important
your business is to me,
413
00:17:10,339 --> 00:17:13,229
and ordinarily, I would,
but we need the shares back now.
414
00:17:13,339 --> 00:17:14,829
Or you can buy in on the market.
415
00:17:14,939 --> 00:17:17,749
Why don't you buy the stock for us
and hold it as a courtesy?
416
00:17:17,859 --> 00:17:20,226
Ordinarily, I'd take the loss
for you with a smile, Axe,
417
00:17:20,339 --> 00:17:22,182
but no accommodations.
418
00:17:22,299 --> 00:17:23,903
This one's coming from on high.
419
00:17:24,019 --> 00:17:26,181
- Quincy's office?
- No comment.
420
00:17:26,299 --> 00:17:29,667
You are making
a $100 million fuckup here.
421
00:17:29,779 --> 00:17:31,702
You spent years
becoming my main prime.
422
00:17:31,819 --> 00:17:33,025
You're losing me now.
423
00:17:33,139 --> 00:17:34,345
I'm pulling my business.
424
00:17:34,459 --> 00:17:35,585
[Farraday]
My hands are tied.
425
00:17:35,699 --> 00:17:38,145
If you don't make the borrow
on the stock by opening bell tomorrow,
426
00:17:38,259 --> 00:17:40,705
I've been instructed to buy you in
on your entire position.
427
00:17:43,219 --> 00:17:45,267
This isn't coming from me, Axe.
428
00:17:45,379 --> 00:17:46,221
- [dial tone hums]
- Axe?
429
00:17:46,339 --> 00:17:47,420
I hung up on the little tool.
430
00:17:47,539 --> 00:17:48,665
Good.
431
00:17:48,779 --> 00:17:49,905
What now?
432
00:17:50,019 --> 00:17:52,101
Scour the 13-F for Cross-Co.
433
00:17:52,219 --> 00:17:54,381
Find me their top ten shareholders.
434
00:17:54,499 --> 00:17:57,423
Hedge funds, not institutions.
435
00:17:57,539 --> 00:17:59,621
I need someone I can call
for these shares.
436
00:17:59,739 --> 00:18:00,740
You got it.
437
00:18:01,739 --> 00:18:03,184
[cell phone thuds]
438
00:18:08,499 --> 00:18:09,466
- HEY-
- HEY-
439
00:18:09,579 --> 00:18:11,104
Were you in the proffer
on Axelrod this morning?
440
00:18:11,219 --> 00:18:12,266
No. Why?
441
00:18:12,419 --> 00:18:13,306
Who is it with?
442
00:18:13,419 --> 00:18:15,183
Are they signing up a cooperator?
443
00:18:15,339 --> 00:18:17,023
I could get a jump on the release.
444
00:18:18,059 --> 00:18:19,982
You'll find out
when it's time to find out.
445
00:18:20,139 --> 00:18:21,982
Of course.
446
00:18:26,339 --> 00:18:28,546
[Ike] So what happened
on the plane, man?
447
00:18:28,659 --> 00:18:30,468
Oh, nothing
I'm bothering you with.
448
00:18:30,579 --> 00:18:32,547
Oh, come on.
449
00:18:32,659 --> 00:18:34,946
When I thought that Cynthia
was cheating on me,
450
00:18:35,059 --> 00:18:35,981
who'd I turn to?
451
00:18:36,099 --> 00:18:36,986
Yeah, but...
452
00:18:37,099 --> 00:18:38,589
Now, look, dude,
453
00:18:38,739 --> 00:18:42,300
I can see it in your face that this isn't
some typical speed bump.
454
00:18:42,419 --> 00:18:44,660
Someone's trying to fuck me.
455
00:18:44,779 --> 00:18:46,224
Oh, so it is just like Cynthia.
456
00:18:46,339 --> 00:18:48,023
[both laugh]
457
00:18:48,139 --> 00:18:49,948
Yeah, but it's more expensive.
458
00:18:50,059 --> 00:18:51,140
I'm being short squeezed.
459
00:18:51,259 --> 00:18:52,420
Okay.
460
00:18:52,539 --> 00:18:55,145
Uh, someone's trying
to make a stock go up,
461
00:18:55,299 --> 00:18:57,028
and I need it to go down.
462
00:18:57,139 --> 00:18:58,345
If you short a stock,
463
00:18:58,459 --> 00:19:00,746
you borrow someone's shares
who has them,
464
00:19:00,859 --> 00:19:02,509
betting that the stocks
are gonna go down.
465
00:19:02,619 --> 00:19:04,667
But sometimes the stocks go up.
466
00:19:04,779 --> 00:19:06,827
Then you have to buy in
at the market price.
467
00:19:06,939 --> 00:19:08,907
And sometimes
the stocks just keep going up.
468
00:19:09,059 --> 00:19:09,867
Right.
469
00:19:10,019 --> 00:19:11,703
[Freddie]
Being squeezed on a stock, Axe?
470
00:19:11,819 --> 00:19:13,344
[Bobby] Yeah, they're trying.
471
00:19:13,459 --> 00:19:16,030
Eh, they're always trying.
472
00:19:16,139 --> 00:19:17,379
♪ Smooth rock music I
473
00:19:17,499 --> 00:19:19,501
[Ike]
Oh, yeah.
474
00:19:19,619 --> 00:19:21,348
This is Purple Urkle.
475
00:19:21,459 --> 00:19:22,346
[Ike chuckles]
476
00:19:22,459 --> 00:19:25,303
THC level, 24.3%.
477
00:19:25,419 --> 00:19:27,342
- [Ike] Ooh!
- It's connoisseur cut.
478
00:19:27,459 --> 00:19:28,949
You guys said something about golf.
479
00:19:29,059 --> 00:19:30,629
This will be beautiful out on the links.
480
00:19:30,739 --> 00:19:31,626
[Ike]
Oh, yeah.
481
00:19:31,739 --> 00:19:33,787
One step doser'?
Whoa-had.!
482
00:19:33,899 --> 00:19:36,027
Yeah, his life goal is to play
on at least one course
483
00:19:36,139 --> 00:19:37,709
in every country on the planet.
484
00:19:37,819 --> 00:19:40,026
- And then...
- Augusta, baby!
485
00:19:40,139 --> 00:19:41,425
- [man] Gentlemen, have fun.
- [Freddie] Will do.
486
00:19:41,539 --> 00:19:44,145
Guys, you go on ahead of me.
I got to make a call.
487
00:19:44,259 --> 00:19:45,545
I know who's squeezing me.
488
00:19:45,659 --> 00:19:47,388
Chuck Rhoades' goddamn father.
489
00:19:47,499 --> 00:19:48,705
Augusta.
490
00:19:48,819 --> 00:19:50,821
I just flashed
on the last time I played it.
491
00:19:50,979 --> 00:19:52,981
Farraday's boss, Quincy,
and Rhoades Sr.
492
00:19:53,099 --> 00:19:55,545
In the clubhouse together,
drinking fucking Azaleas.
493
00:19:55,659 --> 00:19:57,548
Crusty old bastard's coming after you.
494
00:19:57,659 --> 00:19:58,945
Feels like it.
495
00:19:59,059 --> 00:20:01,380
So big shareholders of CXC.
496
00:20:01,499 --> 00:20:02,500
Yeah, you found one?
497
00:20:02,619 --> 00:20:04,383
Yeah, but you're not gonna like it.
498
00:20:04,499 --> 00:20:05,739
Ken Malverne at Vista Verde.
499
00:20:05,859 --> 00:20:07,941
[quietly]
Fuck!
500
00:20:11,019 --> 00:20:12,384
[sighs]
501
00:20:12,539 --> 00:20:14,587
All right, get with his office.
502
00:20:14,699 --> 00:20:16,542
Have him call me
as soon as he can talk.
503
00:20:16,659 --> 00:20:18,149
You're gonna make a deal
with that devil?
504
00:20:18,299 --> 00:20:19,585
I'm gonna try.
505
00:20:19,699 --> 00:20:21,827
[Wags] Garth Sykes called
about our exposure on Cross-Co.
506
00:20:21,939 --> 00:20:22,781
He's looking for you.
507
00:20:22,899 --> 00:20:24,060
This kind of shit worries him.
508
00:20:24,219 --> 00:20:25,983
You usually handle the worries.
509
00:20:26,139 --> 00:20:27,300
But today you are.
510
00:20:30,299 --> 00:20:33,303
[cell phone vibrating]
511
00:20:38,939 --> 00:20:41,146
My source says that Rhoades
is proffering a witness
512
00:20:41,259 --> 00:20:42,420
against Axe Capital.
513
00:20:42,539 --> 00:20:43,904
Who?
514
00:20:44,019 --> 00:20:45,589
I don't know yet.
I will.
515
00:20:45,739 --> 00:20:46,740
Find out.
516
00:20:47,939 --> 00:20:50,340
Also, I have reason to believe
that Rhoades Sr.
517
00:20:50,459 --> 00:20:51,949
Is making a play against me.
518
00:20:52,059 --> 00:20:54,585
Use it.
Go after him.
519
00:20:55,659 --> 00:20:57,263
[woman] Well, I'm gonna see
if we're gonna hold these gains
520
00:20:57,419 --> 00:20:58,625
here in the futures market...
521
00:20:58,739 --> 00:20:59,786
Hey, I thought you'd left.
522
00:20:59,899 --> 00:21:00,786
I was waiting for you.
523
00:21:00,899 --> 00:21:02,105
Hey, you see this?
524
00:21:02,259 --> 00:21:03,465
Cross-Co. is on a run.
525
00:21:03,579 --> 00:21:04,580
Are you-are you concerned?
526
00:21:04,699 --> 00:21:06,622
Turn that shit off.
527
00:21:06,739 --> 00:21:07,786
Come on, let's go.
528
00:21:09,899 --> 00:21:12,789
♪ Dramatic music I
529
00:21:12,899 --> 00:21:17,939
III
530
00:21:28,419 --> 00:21:29,306
[Chuck]
Yeah?
531
00:21:29,419 --> 00:21:31,023
Oh, sorry. I-
532
00:21:31,139 --> 00:21:32,345
Donna wasn't out there,
533
00:21:32,459 --> 00:21:35,224
and I have some AUSA quotes
for your approval.
534
00:21:35,339 --> 00:21:36,989
Not now.
535
00:21:37,099 --> 00:21:42,105
III
536
00:22:36,819 --> 00:22:39,470
[touch screen keyboard tapping]
537
00:22:39,579 --> 00:22:40,910
What the fuck are you doing?
538
00:22:41,019 --> 00:22:42,259
Shit, I-l-
539
00:22:42,379 --> 00:22:43,460
Shit.
540
00:22:43,579 --> 00:22:46,105
- I don't want to go to jail.
- Well, that's where you're going.
541
00:22:46,219 --> 00:22:48,745
[Chuck]
Oh, there might be a path to rehab.
542
00:22:48,859 --> 00:22:51,305
She was compromised.
She wasn't paid off.
543
00:22:51,419 --> 00:22:54,662
But, uh, this is an attack,
any way we look at it.
544
00:22:54,779 --> 00:22:55,905
We need to move on it right away.
545
00:22:56,019 --> 00:22:56,986
You do.
546
00:22:57,099 --> 00:22:59,750
I can handle
this proffer session myself.
547
00:22:59,859 --> 00:23:01,065
How did he make contact?
548
00:23:01,179 --> 00:23:03,261
He texts me.
549
00:23:03,419 --> 00:23:06,184
And he makes me tell him
about every single financial case,
550
00:23:06,339 --> 00:23:07,420
all the big ones.
551
00:23:07,539 --> 00:23:08,665
We'll run the phone number.
552
00:23:08,779 --> 00:23:10,269
It'll come up a burner, but we'll run it.
553
00:23:10,379 --> 00:23:12,063
He tells me when and where to meet.
554
00:23:12,219 --> 00:23:14,381
Well, this time, you're texting him.
555
00:23:14,499 --> 00:23:16,740
And you tell him
that you have something big.
556
00:23:16,859 --> 00:23:17,701
All right?
557
00:23:17,819 --> 00:23:19,708
You know, compromised or not,
558
00:23:19,819 --> 00:23:22,550
this was a personal betrayal...
559
00:23:22,659 --> 00:23:24,343
for all of us.
560
00:23:26,699 --> 00:23:27,700
[woman]
Well, we are watching
561
00:23:27,859 --> 00:23:29,065
shares of Cross-Co. pop this morning
562
00:23:29,179 --> 00:23:32,706
after unconfirmed reports
from a trucking industry biog
563
00:23:32,819 --> 00:23:34,947
speculating of an acquisition of CXC...
564
00:23:35,059 --> 00:23:35,946
[telephone rings]
565
00:23:36,059 --> 00:23:38,187
...by trucking behemoth J T Hunsicker.
566
00:23:38,299 --> 00:23:39,710
[man]
And yet other reports indicate
567
00:23:39,819 --> 00:23:41,787
that Hunsicker has an exclusive...
568
00:23:41,899 --> 00:23:44,266
Oh, yeah, of course
I'm watching it, Quince.
569
00:23:44,419 --> 00:23:46,262
Hell, I'm bathing in it.
570
00:23:46,419 --> 00:23:48,945
...billion dollars,
or about $90 a share...
571
00:23:49,059 --> 00:23:52,950
It's good to be alive, huh?
Haughs]
572
00:23:55,379 --> 00:23:57,859
- Spyros.
- Look at the action...
573
00:23:57,979 --> 00:23:59,026
[distorted voice]
. . . on Cross- Co. trucking.
574
00:23:59,139 --> 00:24:01,301
Cross-Co. Trucking?
What about it?
575
00:24:02,659 --> 00:24:05,424
Hello?
Hello?
576
00:24:10,259 --> 00:24:12,580
- Look at this, man.
- Oh, yeah.
577
00:24:12,739 --> 00:24:14,787
- Holy shit.
- Whoa!
578
00:24:14,899 --> 00:24:16,822
The band's really excited
you're getting to see this.
579
00:24:16,939 --> 00:24:17,861
Oh, man.
580
00:24:17,979 --> 00:24:19,310
That's the opening act
setting up right now,
581
00:24:19,419 --> 00:24:20,386
and then Metallica will check.
582
00:24:20,539 --> 00:24:21,347
Oh, okay.
583
00:24:21,499 --> 00:24:23,024
You guys can help yourself
to anything here while you wait.
584
00:24:23,139 --> 00:24:24,425
- Great. Thank you.
- Oh, yeah. I'm already there.
585
00:24:24,539 --> 00:24:25,620
- Thank you. Thank you.
- Already there.
586
00:24:25,739 --> 00:24:26,661
[Freddie]
Oh, yeah.
587
00:24:26,779 --> 00:24:27,940
Ooh.
588
00:24:28,059 --> 00:24:30,903
- Ooh. Beer?
- Yeah, man.
589
00:24:31,019 --> 00:24:33,420
There you go.
590
00:24:33,539 --> 00:24:34,779
[indistinct chatter]
591
00:24:34,899 --> 00:24:36,060
[Ike]
All right, I'll supervise.
592
00:24:36,219 --> 00:24:37,744
You guys need some supervision.
593
00:24:37,859 --> 00:24:39,099
[chuckles]
594
00:24:39,219 --> 00:24:40,345
[Freddie]
Oh, hello, ladies.
595
00:24:40,459 --> 00:24:42,188
[Woman]
Hey' HOW YOU doing?
596
00:24:42,299 --> 00:24:44,745
You're not going hunting?
597
00:24:45,699 --> 00:24:46,541
No.
598
00:24:46,659 --> 00:24:48,900
No, I'm here for the band.
599
00:24:49,019 --> 00:24:49,861
Bobby.
600
00:24:49,979 --> 00:24:52,027
Elise.
I'm here for the band, too.
601
00:24:52,139 --> 00:24:53,709
You want to pass me a water?
602
00:24:57,459 --> 00:24:59,860
Practically wore out
my Ride the Lightning CD
603
00:24:59,979 --> 00:25:01,060
by the time I was 12,
604
00:25:01,179 --> 00:25:03,830
so this is basically
my childhood dream come true.
605
00:25:03,939 --> 00:25:05,350
I can die after tonight.
606
00:25:05,499 --> 00:25:06,785
I wore that album out too.
607
00:25:06,899 --> 00:25:07,980
Yeah, okay.
608
00:25:08,099 --> 00:25:10,022
Best song.
609
00:25:10,139 --> 00:25:12,141
- "Fade to Black."
- Wrong.
610
00:25:12,299 --> 00:25:13,630
"Creeping Death."
611
00:25:13,739 --> 00:25:16,219
But yours is respectable.
Classic.
612
00:25:16,339 --> 00:25:18,228
Well, you can't beat a classic.
613
00:25:18,339 --> 00:25:20,626
Friends, cars, music.
614
00:25:21,819 --> 00:25:23,389
New things can be fun, too.
615
00:25:24,819 --> 00:25:27,629
Unless you're afraid of change.
616
00:25:27,739 --> 00:25:30,424
Oh, I'm not afraid of much,
and I can change in an instant,
617
00:25:30,539 --> 00:25:33,019
but, uh, not just for the fuck of it.
618
00:25:34,379 --> 00:25:36,950
Sometimes you just got
to make the change blindly
619
00:25:37,059 --> 00:25:39,426
and pray that it all goes well.
620
00:25:39,539 --> 00:25:41,382
And most of the time, it does.
621
00:25:41,539 --> 00:25:42,984
Or it blows up in your face.
622
00:25:43,099 --> 00:25:45,750
Yeah. It can.
623
00:25:45,859 --> 00:25:48,100
It takes guts to make change.
624
00:25:49,619 --> 00:25:51,621
It's also called progress.
625
00:25:52,939 --> 00:25:55,067
I think I'll stick with the classics.
626
00:25:55,219 --> 00:25:57,221
[man]
Elise, we're ready for you.
627
00:25:57,339 --> 00:25:59,467
Yeah, well, here's the problem-
628
00:25:59,579 --> 00:26:01,422
who gets to decide?
629
00:26:01,539 --> 00:26:03,109
You wouldn't want to miss one.
630
00:26:03,219 --> 00:26:04,903
I'm pretty good at spotting 'em.
631
00:26:05,059 --> 00:26:06,470
Yeah, we'll see.
632
00:26:11,299 --> 00:26:13,108
Hey, let's do, um...
633
00:26:20,019 --> 00:26:20,941
Okay.
634
00:26:21,059 --> 00:26:22,948
One, two, three, four.
635
00:26:23,059 --> 00:26:25,949
[band playing acoustic version
of RATFs "Round and Round"]
636
00:26:26,059 --> 00:26:30,986
III
637
00:26:31,099 --> 00:26:34,626
♪ Out on the streets,
that's where we'll meet a'
638
00:26:34,739 --> 00:26:38,744
♪ You make the night,
I always cross the line a'
639
00:26:38,859 --> 00:26:42,625
♪ Tighten our belts, abuse ourselves I
640
00:26:42,739 --> 00:26:46,539
♪ Get in our way,
we'll put you on your shelf a'
641
00:26:46,659 --> 00:26:50,220
♪ Another day, some other way I
642
00:26:50,339 --> 00:26:54,583
♪ We're gonna go,
but then we'll see you again a'
643
00:26:54,699 --> 00:26:58,067
♪ I've had enough, we've had enough I
644
00:26:58,179 --> 00:27:01,626
♪ Cold in vain, she said 4'
645
00:27:01,739 --> 00:27:04,822
♪ I knew right from the beginning a'
646
00:27:04,939 --> 00:27:06,464
[cell phone vibrates]
647
00:27:06,619 --> 00:27:08,144
♪ That you would end up winning I
648
00:27:08,259 --> 00:27:10,148
- Yeah.
- J' I knew right from... ♪
649
00:27:10,259 --> 00:27:11,863
Yeah?
650
00:27:11,979 --> 00:27:13,583
Ken Malverne.
651
00:27:13,699 --> 00:27:14,905
You were looking to talk to me?
652
00:27:15,019 --> 00:27:15,986
Cross-Co. Trucking.
653
00:27:16,099 --> 00:27:17,988
♪ ...through my heart ♪
654
00:27:18,099 --> 00:27:20,261
III
655
00:27:20,379 --> 00:27:22,541
♪ Round and round a'
656
00:27:22,659 --> 00:27:27,506
♪ VWth love, we'll find a way,
just give it time I'
657
00:27:27,619 --> 00:27:30,350
[chuckles] You got your balls
in a vise on that one, don't you?
658
00:27:30,459 --> 00:27:32,507
Well, if you heard that,
you must know why I'm calling.
659
00:27:32,619 --> 00:27:35,020
Well, it'll be fun hearing you say it.
660
00:27:35,139 --> 00:27:38,507
I need to borrow your shares
to keep my short position.
661
00:27:38,619 --> 00:27:39,905
Mm.
662
00:27:40,019 --> 00:27:41,145
What's your proposal?
663
00:27:41,259 --> 00:27:42,499
Eight percent.
664
00:27:42,659 --> 00:27:43,501
Eight percent?
665
00:27:43,659 --> 00:27:45,309
This must really matter to you.
666
00:27:45,419 --> 00:27:46,580
It does.
667
00:27:46,699 --> 00:27:49,350
Well, I'm long the stock, obviously,
668
00:27:49,499 --> 00:27:51,627
which is on quite a little tear,
but if you're right
669
00:27:51,739 --> 00:27:53,662
and this company tanks,
my position is screwed,
670
00:27:53,779 --> 00:27:56,988
and I'll be holding it forever,
waiting for it to recover.
671
00:27:57,099 --> 00:28:00,228
But you're gonna have to...
672
00:28:00,339 --> 00:28:02,421
make it more worth my while
673
00:28:02,539 --> 00:28:04,860
and pad my loss in the near term.
674
00:28:04,979 --> 00:28:07,459
More than eight percent?
Okay. Ten.
675
00:28:07,579 --> 00:28:09,343
Twenty-five.
676
00:28:09,459 --> 00:28:11,268
Twenty-fucking-five?
677
00:28:11,379 --> 00:28:13,461
Am I a poacher, Axelrod,
678
00:28:13,579 --> 00:28:15,707
or am I your goddamn savior?
679
00:28:15,859 --> 00:28:16,906
Am I a plugger,
680
00:28:17,019 --> 00:28:19,306
or am I the smartest guy
on this phone call?
681
00:28:19,419 --> 00:28:21,740
How much do you want it?
682
00:28:23,139 --> 00:28:25,221
I want it.
Done.
683
00:28:25,339 --> 00:28:27,580
[chuckles]
684
00:28:27,699 --> 00:28:29,383
I'm gonna enjoy the hell
out of telling this story.
685
00:28:29,539 --> 00:28:30,586
You got your borrow.
686
00:28:30,699 --> 00:28:32,588
Uh-huh.
687
00:28:32,699 --> 00:28:34,144
Hey. Axe?
688
00:28:34,259 --> 00:28:36,546
There can be only one.
689
00:28:41,019 --> 00:28:44,262
[James]
Hey, Axe? Are you all right?
690
00:28:44,379 --> 00:28:45,346
Yeah, yeah, yeah.
691
00:28:45,459 --> 00:28:46,904
You know-you know, it's just bullshit.
692
00:28:47,019 --> 00:28:51,388
You know, I came out here to unplug,
but I can't, um, you know, really unplug.
693
00:28:51,499 --> 00:28:52,785
\_
694
00:28:52,899 --> 00:28:54,344
Do you mind me-
you mind me saying this?
695
00:28:54,459 --> 00:28:56,507
I just thought I'd get
to a point where, uh,
696
00:28:56,619 --> 00:28:58,303
you know, I really fly, you know?
697
00:28:58,419 --> 00:29:01,104
Just feel free,
let go of all that earthbound shit
698
00:29:01,219 --> 00:29:02,220
and just, you know...
699
00:29:02,339 --> 00:29:04,103
- I hear you.
- ...fly, feel free, you know?
700
00:29:04,219 --> 00:29:07,143
Yeah, you should, man.
You should.
701
00:29:07,259 --> 00:29:09,261
How do you do it, man?
702
00:29:09,379 --> 00:29:11,905
Mm, I play, man.
703
00:29:12,019 --> 00:29:13,145
L play.
704
00:29:17,139 --> 00:29:18,300
[Lars]
Three, four...
705
00:29:18,459 --> 00:29:21,349
[band playing "Harvester of Sorrow"]
706
00:29:21,459 --> 00:29:23,461
III
707
00:29:23,579 --> 00:29:27,300
♪ Harvester of sorrow I
708
00:29:27,419 --> 00:29:28,705
♪ Language of the mad ♪
709
00:29:28,819 --> 00:29:32,301
♪ Harvester of sorrow I
710
00:29:32,419 --> 00:29:33,784
♪ Language of the mad ♪
711
00:29:33,899 --> 00:29:36,630
♪ Harvester of sorrow I
712
00:29:36,739 --> 00:29:39,140
Yeah!
713
00:29:39,259 --> 00:29:41,830
♪ Harvester of sorrow I
714
00:29:41,939 --> 00:29:43,464
[Chuck]
Who gets to talk to Axe?
715
00:29:43,579 --> 00:29:45,900
Anyone can talk to him.
[scoffs]
716
00:29:46,019 --> 00:29:48,386
But you better not waste his time,
and you better not be wrong.
717
00:29:49,499 --> 00:29:51,308
These are time-sensitive.
718
00:29:57,299 --> 00:29:59,142
Excuse me a minute.
719
00:30:03,739 --> 00:30:05,309
[door closes]
720
00:30:05,419 --> 00:30:08,343
How fucked are you?
721
00:30:08,459 --> 00:30:09,426
Really fucked.
722
00:30:09,539 --> 00:30:10,825
What do you want?
723
00:30:10,939 --> 00:30:14,386
Your father is fluffing
Cross-Co. Trucking stock.
724
00:30:15,259 --> 00:30:17,023
How much is your cut?
725
00:30:17,139 --> 00:30:18,470
Oh, that's right.
726
00:30:18,579 --> 00:30:21,059
Your inheritance is being held
in a blind trust,
727
00:30:21,179 --> 00:30:22,863
so your financial motives
728
00:30:22,979 --> 00:30:25,300
are beyond reproach while in office.
729
00:30:25,419 --> 00:30:29,583
Uh, if what you're telling me is true,
then my cut is none.
730
00:30:29,739 --> 00:30:34,427
Then the SEC will just take down
your father and his confederates.
731
00:30:34,579 --> 00:30:37,469
♪ Dramatic music I
732
00:30:37,579 --> 00:30:41,504
III
733
00:30:41,619 --> 00:30:42,700
"Will" take down?
734
00:30:42,819 --> 00:30:44,867
Hmm, it's not, uh-
it's not in the system yet?
735
00:30:44,979 --> 00:30:48,381
It was the end of the day
by the time I'd gotten it all together
736
00:30:48,499 --> 00:30:52,106
with a small, trusted team.
737
00:30:52,219 --> 00:30:54,381
And the reason, it really seems to me,
that you're involved
738
00:30:54,499 --> 00:30:57,309
is there's someone we care
a fuck of a lot about
739
00:30:57,419 --> 00:30:59,467
on the other side getting squeezed.
740
00:30:59,579 --> 00:31:01,229
No.
741
00:31:01,339 --> 00:31:03,341
- No, my father would never-
- He did.
742
00:31:10,699 --> 00:31:13,828
Did he, uh-did he sell yet?
743
00:31:13,939 --> 00:31:15,782
No. Not yet.
744
00:31:15,899 --> 00:31:18,948
But when he does...
745
00:31:19,059 --> 00:31:21,187
[mimics explosion]
746
00:31:22,779 --> 00:31:26,067
The block buys in his
and his friends' accounts,
747
00:31:26,179 --> 00:31:30,423
the unlikely news coming
at just the right time...
748
00:31:31,499 --> 00:31:33,501
Your father is an esteemed old bull,
749
00:31:33,619 --> 00:31:35,826
and he probably
should have been nailed before.
750
00:31:35,939 --> 00:31:37,543
Just get to it.
751
00:31:37,659 --> 00:31:39,741
A little respect.
752
00:31:39,859 --> 00:31:41,099
[chuckles]
753
00:31:41,219 --> 00:31:44,268
No, a lot of fucking respect.
754
00:31:44,379 --> 00:31:45,869
Courtesy on Axelrod.
755
00:31:45,979 --> 00:31:46,946
I speak first.
756
00:31:47,059 --> 00:31:49,380
I answer questions first
at every presser.
757
00:31:49,499 --> 00:31:52,264
And in the future,
if I put you onto a case,
758
00:31:52,379 --> 00:31:54,063
you take it ASAP.
759
00:31:55,659 --> 00:31:56,501
[clicks tongue]
760
00:31:56,659 --> 00:31:59,503
Who's the confused dog now?
761
00:32:00,899 --> 00:32:04,620
III
762
00:32:04,739 --> 00:32:06,548
Tell me about short squeezes.
763
00:32:06,659 --> 00:32:08,627
- Why?
- Because I want to know.
764
00:32:08,739 --> 00:32:11,060
Specific to Axelrod.
765
00:32:12,579 --> 00:32:14,422
Well, no one
has successfully squeezed him.
766
00:32:14,539 --> 00:32:15,381
Mm-hmm.
767
00:32:15,499 --> 00:32:16,625
I mean, sure, he's lost on shorts,
768
00:32:16,739 --> 00:32:19,504
but if he takes a big position,
it's because he knows something.
769
00:32:19,619 --> 00:32:23,146
So, if the squeezers are winning,
uh, riding it up...
770
00:32:23,259 --> 00:32:24,624
They better sell quick,
because with Axe,
771
00:32:24,739 --> 00:32:26,150
it's gonna go down at some point...
772
00:32:26,259 --> 00:32:27,749
[scoffs]
."soon.
773
00:32:27,899 --> 00:32:29,901
[telephone ringing]
774
00:32:33,419 --> 00:32:34,750
[Chuck]
Dad?
775
00:32:34,859 --> 00:32:36,429
I know.
776
00:32:37,859 --> 00:32:40,305
Do not make another phone call tonight.
777
00:32:40,419 --> 00:32:43,309
Do not go on the Internet.
778
00:32:43,459 --> 00:32:46,429
Do not call your broker or make a trade
779
00:32:46,539 --> 00:32:48,985
or do one fucking thing
780
00:32:49,099 --> 00:32:53,309
until I see you
first thing in the morning.
781
00:32:53,419 --> 00:32:55,990
And the only words
I want to hear you say
782
00:32:56,139 --> 00:32:58,506
are, "Okay, son,"
783
00:32:58,619 --> 00:33:02,624
and then the phone going dead.
784
00:33:06,219 --> 00:33:07,505
Okay, son.
785
00:33:07,619 --> 00:33:10,828
♪ Dramatic music I
786
00:33:10,939 --> 00:33:14,261
III
787
00:33:14,379 --> 00:33:17,269
♪ tense music I
788
00:33:17,379 --> 00:33:22,385
III
789
00:33:48,139 --> 00:33:50,187
[sighs]
790
00:34:05,299 --> 00:34:07,188
Ah, this went bad.
791
00:34:11,259 --> 00:34:12,909
How are you sure?
792
00:34:13,019 --> 00:34:14,066
She knows.
793
00:34:16,779 --> 00:34:18,429
[crowd roaring]
794
00:34:18,539 --> 00:34:19,779
[band playing "Master of Puppets"]
795
00:34:19,899 --> 00:34:22,379
♪ Come crawling faster I
796
00:34:22,499 --> 00:34:23,864
III
797
00:34:24,019 --> 00:34:26,863
♪ Obey your master ♪
798
00:34:27,019 --> 00:34:28,259
Give it to me!
799
00:34:28,379 --> 00:34:32,429
[crowd]
♪ Your life burns faster ♪
800
00:34:32,539 --> 00:34:35,782
♪ Obey your master, master I
801
00:34:35,899 --> 00:34:39,506
[James] J' Master of puppets,
I'm pulling your strings ♪
802
00:34:39,659 --> 00:34:43,220
♪ Twisting your mind,
smashing your dreams a'
803
00:34:43,339 --> 00:34:45,626
♪ Blinded by me,
you can't see a thing... a'
804
00:34:45,739 --> 00:34:47,787
Hey, Garth.
What's up, brother?
805
00:34:47,899 --> 00:34:50,584
Hey, I'm not in the office today,
but believe me, I'm all over this thing.
806
00:34:50,699 --> 00:34:52,906
Sounds like you at the end
of the goddamn world.
807
00:34:53,019 --> 00:34:54,384
Listen.
808
00:34:54,499 --> 00:34:57,946
I got people asking why the hell
you've drifted noncompliant.
809
00:34:58,059 --> 00:34:59,982
Well, we notified you as a courtesy.
810
00:35:00,099 --> 00:35:01,863
No, I was notified
811
00:35:01,979 --> 00:35:04,220
because of the 1.5 large
that I have with you,
812
00:35:04,339 --> 00:35:07,388
which may not be a lot to you,
but it's a mountain to my folks.
813
00:35:07,499 --> 00:35:08,466
Last time I listened to you,
814
00:35:08,579 --> 00:35:11,264
I slapped my name
on a building for the ages.
815
00:35:11,379 --> 00:35:14,383
If that isn't enough,
maybe the fund isn't for you.
816
00:35:14,499 --> 00:35:16,103
You know, you can go
to many other funds
817
00:35:16,219 --> 00:35:18,984
and get four percent
nice and fucking quiet.
818
00:35:19,099 --> 00:35:20,464
Go buy some T-bills.
819
00:35:20,579 --> 00:35:22,422
But if you want
the high-altitude returns,
820
00:35:22,539 --> 00:35:25,463
you got to be prepared
to go where eagles dare.
821
00:35:25,619 --> 00:35:28,589
Your granddaddy
made his fortune in bourbon.
822
00:35:28,699 --> 00:35:30,781
Did he fold up shop when
they passed the Volstead Act?
823
00:35:30,899 --> 00:35:32,981
How the fuck do you think you got
to where you are today?
824
00:35:33,099 --> 00:35:34,783
You think you got
a suite in Churchill Downs
825
00:35:34,899 --> 00:35:37,027
because of your winning
goddamn personality?
826
00:35:37,139 --> 00:35:38,823
You want to stay, stay.
827
00:35:38,939 --> 00:35:40,703
You want to pull,
then tell me in the morning.
828
00:35:40,819 --> 00:35:42,742
But either way, get off my dick.
829
00:35:46,699 --> 00:35:48,747
[cell phone vibrates]
830
00:35:51,299 --> 00:35:53,984
[Hall] My source got burnt,
so I don't have any details.
831
00:35:54,099 --> 00:35:56,670
This may be the last thing
we get for a long time.
832
00:35:56,819 --> 00:35:58,344
It was Decker who flipped.
833
00:35:58,459 --> 00:36:00,223
They have Pepsum.
834
00:36:01,859 --> 00:36:02,906
Okay.
835
00:36:03,019 --> 00:36:06,023
[crowd cheering]
836
00:36:11,299 --> 00:36:14,303
[cheers and applause]
837
00:36:18,499 --> 00:36:20,103
- Thanks.
- [woman] No problem.
838
00:36:24,259 --> 00:36:25,260
Hey.
839
00:36:26,379 --> 00:36:27,744
You walked out on me.
840
00:36:27,859 --> 00:36:29,827
That kind of thing
could give a girl a complex.
841
00:36:29,939 --> 00:36:31,987
I'm sorry.
My loss.
842
00:36:32,099 --> 00:36:34,784
It was a work thing.
How was your show?
843
00:36:34,939 --> 00:36:38,466
It was your loss.
[chuckles]
844
00:36:38,579 --> 00:36:41,389
Peace offering.
What are you drinking?
845
00:36:41,499 --> 00:36:43,900
Your best tequila on the rocks,
three limes.
846
00:36:44,019 --> 00:36:44,906
On him.
847
00:36:45,019 --> 00:36:46,908
[woman]
Coming right up.
848
00:36:47,019 --> 00:36:49,625
If it's any consolation,
I almost missed Metallica,
849
00:36:49,739 --> 00:36:52,310
and I flew in especially for them
with my oldest friends.
850
00:36:52,459 --> 00:36:54,541
That's tragic.
Why?
851
00:36:54,659 --> 00:36:57,105
Ah, you don't want to hear about it.
852
00:36:57,219 --> 00:36:58,425
Okay.
853
00:36:59,699 --> 00:37:01,781
You know, the road manager
told me who you are.
854
00:37:01,899 --> 00:37:05,221
I'm not sure what you're worrying about.
I wouldn't be.
855
00:37:05,339 --> 00:37:07,990
Well, you'd be surprised.
856
00:37:08,139 --> 00:37:10,346
At what?
How difficult your day job is?
857
00:37:10,459 --> 00:37:12,860
[chuckles]
Ludicrous, I know.
858
00:37:15,339 --> 00:37:17,910
Look, I get it.
859
00:37:18,019 --> 00:37:20,147
But I barely have a dime.
860
00:37:20,259 --> 00:37:22,102
And when I want to do something, I do it.
861
00:37:22,219 --> 00:37:24,460
When I want to go somewhere, I go.
862
00:37:24,579 --> 00:37:27,264
I guess I'm just lucky I do what I love.
863
00:37:27,379 --> 00:37:29,859
Yeah, me too.
864
00:37:29,979 --> 00:37:31,902
Most of the time.
865
00:37:32,019 --> 00:37:35,102
And when I don't...
866
00:37:35,219 --> 00:37:37,904
all the choices are mine,
which is the fucked thing.
867
00:37:39,899 --> 00:37:41,822
I think I just figured that out.
868
00:37:41,939 --> 00:37:43,668
Well, this is getting tragic again.
869
00:37:43,779 --> 00:37:46,464
Don't go all Charles Foster Kane on me.
870
00:37:46,579 --> 00:37:48,866
You know, I've never seen it.
871
00:37:48,979 --> 00:37:50,868
Seen Rocky seven times.
872
00:37:50,979 --> 00:37:52,469
- [chuckles]
- But never Kane.
873
00:37:52,579 --> 00:37:55,469
If you, of all people,
have never seen Citizen Kane,
874
00:37:55,579 --> 00:37:58,230
you have to, immediately,
875
00:37:58,339 --> 00:38:00,501
projected on a big screen, on film.
876
00:38:00,619 --> 00:38:03,270
That's doctor's orders.
877
00:38:03,379 --> 00:38:05,222
Promise me.
878
00:38:06,499 --> 00:38:08,149
I promise.
879
00:38:14,779 --> 00:38:18,147
I'm not into missed opportunities,
just so you know.
880
00:38:18,259 --> 00:38:20,102
Good.
Me neither.
881
00:38:20,219 --> 00:38:22,142
And I'm not down with regret,
882
00:38:22,299 --> 00:38:25,109
so wherever you see this night going,
883
00:38:25,259 --> 00:38:27,261
I'm okay with it.
884
00:38:33,459 --> 00:38:35,826
[sighs]
885
00:38:35,979 --> 00:38:37,708
You know what?
886
00:38:37,819 --> 00:38:41,301
If there were two of me,
I'd go for this right now.
887
00:38:41,419 --> 00:38:45,105
But there's not.
There's just one.
888
00:38:45,219 --> 00:38:46,983
You're married?
889
00:38:47,099 --> 00:38:48,146
Yeah.
890
00:38:48,259 --> 00:38:49,988
And it's a real thing.
891
00:38:51,659 --> 00:38:53,309
Road manager didn't tell me that.
892
00:38:53,419 --> 00:38:54,864
[chuckles]
893
00:38:54,979 --> 00:38:57,550
I get it.
That's cool.
894
00:38:57,659 --> 00:39:00,060
She must be, uh...
895
00:39:01,139 --> 00:39:03,380
...a real classic.
896
00:39:03,499 --> 00:39:04,660
She is.
897
00:39:07,019 --> 00:39:08,145
Fuck.
898
00:39:08,299 --> 00:39:11,189
I don't usually misread
situations like this.
899
00:39:11,299 --> 00:39:12,380
Don't. Don't.
You didn't.
900
00:39:12,499 --> 00:39:15,901
No, I know.
You totally led me on.
901
00:39:16,059 --> 00:39:17,584
And now I'm gonna let it go
902
00:39:17,699 --> 00:39:20,430
because you made the tough choice,
and that's rare.
903
00:39:22,339 --> 00:39:24,182
Your wife is lucky.
904
00:39:24,299 --> 00:39:26,381
Although, you know what?
You're probably the lucky one.
905
00:39:26,499 --> 00:39:28,627
True.
906
00:39:28,779 --> 00:39:30,747
Don't forget it.
907
00:39:38,259 --> 00:39:39,590
[sighs]
908
00:39:39,699 --> 00:39:41,940
Describe the setup
once you left Axe Capital
909
00:39:42,059 --> 00:39:45,108
and hung up your own shingle.
910
00:39:45,219 --> 00:39:46,061
Well...
[clears throat]
911
00:39:46,179 --> 00:39:47,385
...after your years of service,
912
00:39:47,499 --> 00:39:50,901
if you leave with the right combination
of loyalty and ass-kissery,
913
00:39:51,019 --> 00:39:52,748
he wishes you well.
914
00:39:52,859 --> 00:39:53,781
And?
915
00:39:56,099 --> 00:39:58,579
He gives you a chunk of capital,
seed money,
916
00:39:58,699 --> 00:40:02,021
and in return, you give him transparency
on all your ideas.
917
00:40:03,059 --> 00:40:05,266
You open the kimono, so to speak.
918
00:40:05,379 --> 00:40:07,859
More like a colonoscopy.
919
00:40:07,979 --> 00:40:10,266
He makes bigger, faster moves
on all your ideas,
920
00:40:10,379 --> 00:40:11,585
often rendering them useless,
921
00:40:11,739 --> 00:40:13,707
but then the tips start to come in,
and it's all worth it.
922
00:40:13,819 --> 00:40:15,344
- [door opens]
- Uh-huh.
923
00:40:18,739 --> 00:40:21,629
So he directs you
to make trades on his behalf?
924
00:40:21,739 --> 00:40:23,707
Not exactly.
925
00:40:23,819 --> 00:40:27,187
Just say information starts to show up.
926
00:40:28,699 --> 00:40:30,463
And what does he get in return?
927
00:40:30,579 --> 00:40:31,705
A taste.
928
00:40:31,819 --> 00:40:33,230
[chuckles]
A sweet taste.
929
00:40:33,339 --> 00:40:35,580
So he was an investor with you?
930
00:40:35,699 --> 00:40:38,464
We couldn't find
any documentation or linkage.
931
00:40:38,579 --> 00:40:40,263
Not exactly.
932
00:40:40,379 --> 00:40:43,349
There are accounts
with names of holding companies,
933
00:40:43,459 --> 00:40:45,507
LLCs, reinsurers on them
934
00:40:45,619 --> 00:40:46,984
that clear to other accounts
with other names.
935
00:40:47,099 --> 00:40:49,420
At what point-
at what exact moment
936
00:40:49,539 --> 00:40:53,180
did Axelrod instruct you
to buy Pepsum Pharmaceuticals?
937
00:40:56,499 --> 00:40:58,342
Never.
938
00:40:58,459 --> 00:41:01,668
What the fuck?
What-what the fuck?
939
00:41:01,779 --> 00:41:05,704
You will be prosecuted
for lying in this room, Mr. Decker.
940
00:41:05,819 --> 00:41:07,423
He never instructed me.
941
00:41:07,539 --> 00:41:09,940
But you believe it was insider trading?
942
00:41:10,059 --> 00:41:11,345
I know it was.
943
00:41:11,459 --> 00:41:12,824
How?
Who told you?
944
00:41:12,939 --> 00:41:15,101
It was a voice on the phone.
945
00:41:18,139 --> 00:41:19,982
If it wasn't Axelrod, who was it?
946
00:41:20,139 --> 00:41:22,062
Well, I can't be 100% sure,
947
00:41:22,179 --> 00:41:24,659
but if I had to guess,
it was probably "Dollar" Bill.
948
00:41:24,779 --> 00:41:26,781
Bill Steam.
949
00:41:26,939 --> 00:41:29,101
Which is odd, because his portfolio
950
00:41:29,219 --> 00:41:32,428
is in industrials and agriculture.
951
00:41:33,739 --> 00:41:35,264
But that is the last thing
you need to know
952
00:41:35,379 --> 00:41:37,666
about how this all works.
953
00:41:37,779 --> 00:41:40,464
Because you can't know, not really.
954
00:41:40,619 --> 00:41:42,701
That's why even though
I opened up my own place,
955
00:41:42,819 --> 00:41:46,028
I could never have
really clone it, been him.
956
00:41:46,139 --> 00:41:48,028
There's so much you have
to keep in your head-
957
00:41:48,139 --> 00:41:49,629
balancing, weighing, deciding.
958
00:41:49,739 --> 00:41:52,390
You can't let anyone know all of it,
maybe any of it.
959
00:41:52,499 --> 00:41:54,228
I mean, to be Bobby Axelrod
960
00:41:54,339 --> 00:41:57,661
is to keep so much in your head.
961
00:41:57,779 --> 00:41:59,861
Just to keep it
from blowing up your brain
962
00:41:59,979 --> 00:42:02,789
takes Benedictine-monk-like
discipline.
963
00:42:02,899 --> 00:42:06,426
I'm not sure the Benedictines
would dig the comparison.
964
00:42:07,539 --> 00:42:08,381
We're done.
965
00:42:15,259 --> 00:42:17,660
Well, we didn't get what we wanted,
but we got something.
966
00:42:17,779 --> 00:42:20,020
Bill Steam.
Get the FBI on him now.
967
00:42:20,139 --> 00:42:23,222
I want this motherfucker's
genome mapped.
968
00:42:23,339 --> 00:42:25,910
That is how deep I want this to go.
969
00:42:26,019 --> 00:42:27,942
Find out how he got
what he got on Pepsum
970
00:42:28,059 --> 00:42:30,221
and whatever else dirty
he may do in this life.
971
00:42:30,379 --> 00:42:31,824
I want to put him on the rack
972
00:42:31,939 --> 00:42:34,545
and stretch him until he gives us Axe.
973
00:42:36,059 --> 00:42:38,061
Constantine, my old friend.
974
00:42:38,219 --> 00:42:40,665
- You showed.
- Of course.
975
00:42:40,779 --> 00:42:44,420
You said it was important,
but I knew that meant total disaster.
976
00:42:45,219 --> 00:42:46,823
[sighs]
977
00:42:46,979 --> 00:42:49,425
I have been at Mundia Tel
my entire career.
978
00:42:49,539 --> 00:42:51,906
What people thought was bedrock
was really bullshit.
979
00:42:52,019 --> 00:42:55,023
But now everyone is going
to finally see the truth.
980
00:42:56,539 --> 00:43:00,100
I sensed that you, of all people,
would understand...
981
00:43:00,219 --> 00:43:04,110
and know what to do
with what I'm going to tell you.
982
00:43:04,219 --> 00:43:06,586
So tell me.
983
00:43:06,699 --> 00:43:08,906
♪ Dramatic music I
984
00:43:13,699 --> 00:43:15,463
- HEY-
- HEY-
985
00:43:15,579 --> 00:43:17,581
Where are the guys?
986
00:43:17,699 --> 00:43:20,225
Uh...after party with the band.
987
00:43:20,339 --> 00:43:22,580
[chuckles]
988
00:43:22,699 --> 00:43:24,588
Oh, I picked that up for you.
989
00:43:24,699 --> 00:43:26,303
Thought you'd like it.
990
00:43:27,339 --> 00:43:28,386
Yeah, nice.
Thanks.
991
00:43:32,019 --> 00:43:33,145
Thanks, man.
992
00:43:34,859 --> 00:43:36,429
What the fuck's wrong?
993
00:43:38,459 --> 00:43:40,109
I'm in some shit.
994
00:43:40,219 --> 00:43:41,459
I fucked up.
995
00:43:41,579 --> 00:43:43,422
Yeah?
Fucked up how?
996
00:43:45,659 --> 00:43:47,263
Um...
997
00:43:48,779 --> 00:43:50,986
- I heard your Cross-Co. play...
- Mm-hmm.
998
00:43:51,099 --> 00:43:54,467
...on the runway, and I-I-I jumped on it.
999
00:43:54,579 --> 00:43:55,990
You rode along on my intel?
1000
00:43:56,099 --> 00:43:58,147
I piggybacked because I figured
you always know.
1001
00:43:58,299 --> 00:44:00,347
You stole my fucking idea.
1002
00:44:00,459 --> 00:44:01,665
You're like Paulie Pennino.
1003
00:44:01,779 --> 00:44:02,621
Who?
1004
00:44:02,739 --> 00:44:03,786
Paulie, Adrian's brother,
1005
00:44:03,899 --> 00:44:07,301
putting the Shamrock Meats logo
on Rocky's robe.
1006
00:44:09,699 --> 00:44:13,340
You should've asked, man,
like any friend would.
1007
00:44:13,459 --> 00:44:14,949
If you had, we could have worked it out
1008
00:44:15,059 --> 00:44:17,187
to get you in on this
without attracting attention.
1009
00:44:17,299 --> 00:44:21,861
Instead, you-you promoted me
like someone at work.
1010
00:44:21,979 --> 00:44:24,107
They don't get to be here.
You do.
1011
00:44:24,219 --> 00:44:28,190
I know. I-l know.
I fucked up.
1012
00:44:28,299 --> 00:44:30,620
I fucked up.
1013
00:44:30,739 --> 00:44:34,505
L-I put pretty much everything
into that short.
1014
00:44:34,619 --> 00:44:37,190
And then when the stock took off,
it was too late to ask you for help,
1015
00:44:37,339 --> 00:44:41,947
and now I-I'm getting a margin call.
1016
00:44:42,059 --> 00:44:43,788
Broker's saying
I got to make good by morning,
1017
00:44:43,899 --> 00:44:45,822
but I can't cover.
1018
00:44:45,939 --> 00:44:47,862
I'm ready to-
I'm ready to puke all over myself.
1019
00:44:47,979 --> 00:44:49,060
How much?
1020
00:44:49,179 --> 00:44:51,307
- How much do I owe?
- Yeah.
1021
00:44:51,419 --> 00:44:54,229
I want to know how much
our friendship's worth.
1022
00:45:00,899 --> 00:45:03,743
I'm in the hole
just a little over $210,000.
1023
00:45:03,859 --> 00:45:06,749
I'm gonna be pretty much wiped out.
1024
00:45:15,859 --> 00:45:17,907
This your brokerage?
1025
00:45:18,019 --> 00:45:19,430
Yeah.
1026
00:45:21,819 --> 00:45:23,105
[sniffs]
1027
00:45:29,459 --> 00:45:33,066
I'm sending instructions to my people
to guarantee your margin.
1028
00:45:35,139 --> 00:45:36,106
Axe, I...
1029
00:45:36,219 --> 00:45:38,062
It'll turn around in the morning.
1030
00:45:39,459 --> 00:45:41,029
Stay short.
1031
00:45:41,139 --> 00:45:43,790
Don't cover until then.
1032
00:45:43,899 --> 00:45:47,665
The thing you got to remember is,
if a short's going against you,
1033
00:45:47,779 --> 00:45:50,908
you got to be able to withstand
the pressure, or it'll crush you.
1034
00:45:51,859 --> 00:45:53,782
You see it all so clearly.
1035
00:45:53,899 --> 00:45:55,708
I don't lie to myself,
1036
00:45:55,819 --> 00:45:57,423
and I don't hold on to a loser.
1037
00:45:59,179 --> 00:46:03,184
The moment it doesn't feel right,
I let it go, get away from it.
1038
00:46:05,739 --> 00:46:10,620
III
1039
00:46:10,739 --> 00:46:14,141
Let's call it a night.
Plane leaves at 9:30.
1040
00:46:21,699 --> 00:46:22,541
Thanks, man.
1041
00:46:33,379 --> 00:46:35,586
[sighs]
1042
00:46:36,979 --> 00:46:38,947
Hey.
1043
00:46:39,059 --> 00:46:40,663
You know, I know you know,
1044
00:46:40,779 --> 00:46:43,020
but, uh, that was Pete Decker today,
1045
00:46:43,139 --> 00:46:44,948
and I'm proffering him.
1046
00:46:45,059 --> 00:46:48,825
In that second, I felt, uh,
guilty and defensive,
1047
00:46:48,939 --> 00:46:50,782
so I dissembled.
1048
00:46:52,139 --> 00:46:53,300
Oh, I put you in a position.
1049
00:46:53,419 --> 00:46:55,103
I didn't mean to.
1050
00:46:55,219 --> 00:46:59,781
But there were
a hundred legitimate things
1051
00:46:59,939 --> 00:47:01,020
you could have said,
1052
00:47:01,139 --> 00:47:03,028
including, "I can't talk about it."
1053
00:47:03,139 --> 00:47:05,107
You're right.
1054
00:47:05,219 --> 00:47:07,665
Not to pile on, but your dad called me.
1055
00:47:07,819 --> 00:47:09,742
Said he's been trying
to find you for the last hour.
1056
00:47:09,859 --> 00:47:12,385
Yeah.
He texted me six times.
1057
00:47:12,499 --> 00:47:13,625
[scoffs]
1058
00:47:13,739 --> 00:47:15,468
You know, he has a rare ability-
1059
00:47:15,619 --> 00:47:17,621
it's a gift, almost-
to push my buttons.
1060
00:47:17,739 --> 00:47:21,505
You know the plans he had for himself
when he was your age,
1061
00:47:21,619 --> 00:47:24,099
before the fire hit that building.
1062
00:47:24,219 --> 00:47:26,460
When every paper in New York
calls you a slumlord,
1063
00:47:26,579 --> 00:47:29,469
it doesn't help out
a brand-new political career.
1064
00:47:29,579 --> 00:47:31,422
Now you're it.
1065
00:47:31,539 --> 00:47:33,701
You're the chance
to grow his own legend.
1066
00:47:33,819 --> 00:47:36,470
If only you'd get into line
and do what he needs you to.
1067
00:47:36,579 --> 00:47:41,221
And if you get chewed up in the process,
well, hell, it was a good try.
1068
00:47:41,339 --> 00:47:44,343
I just have to keep reminding
myself again and again and again
1069
00:47:44,459 --> 00:47:48,180
that he can't help himself,
you know, when it comes to me.
1070
00:47:48,299 --> 00:47:49,824
That's right.
1071
00:47:51,659 --> 00:47:53,229
You know...
1072
00:47:54,979 --> 00:47:58,222
...you have to remember
when it comes to yourself, too-
1073
00:47:58,339 --> 00:48:00,387
when you're raised
by someone like that,
1074
00:48:00,539 --> 00:48:04,385
your instincts,
no matter how hard you fight them,
1075
00:48:04,499 --> 00:48:08,299
sometimes fall toward self-preservation.
1076
00:48:08,419 --> 00:48:10,865
You end up hurting those you love, too.
1077
00:48:13,579 --> 00:48:16,389
Yeah, I know.
1078
00:48:16,499 --> 00:48:18,547
I'm trying.
1079
00:48:20,539 --> 00:48:21,700
I know.
1080
00:48:25,739 --> 00:48:28,629
♪ Mellow rock music I
1081
00:48:28,779 --> 00:48:31,305
III
1082
00:48:31,419 --> 00:48:35,105
[line rings]
1083
00:48:35,219 --> 00:48:36,380
[Lara]
H9Y-
1084
00:48:36,499 --> 00:48:39,582
I just wanted to see your face,
hear your voice.
1085
00:48:39,699 --> 00:48:41,508
Here I am.
1086
00:48:42,699 --> 00:48:44,827
How was it?
1087
00:48:44,939 --> 00:48:46,907
Didn't turn out how I thought.
1088
00:48:48,059 --> 00:48:49,709
This trip's given me
a lot to think about.
1089
00:48:49,819 --> 00:48:51,059
It'll be good to get home.
1090
00:48:51,179 --> 00:48:53,944
It'll be good to have you home.
1091
00:48:54,059 --> 00:48:55,902
You want to go back to sleep?
1092
00:48:57,379 --> 00:48:58,266
No.
1093
00:48:58,379 --> 00:49:00,461
I'll sit up with you for a bit.
1094
00:49:04,899 --> 00:49:06,469
[knock at door]
1095
00:49:06,579 --> 00:49:09,981
[woman] Bonjour!
Housekeeping!
1096
00:49:10,099 --> 00:49:11,021
[knock at door]
1097
00:49:11,139 --> 00:49:13,540
Hello?
Monsieur?
1098
00:49:13,699 --> 00:49:14,985
Service!
1099
00:49:15,099 --> 00:49:16,863
[door opens]
1100
00:49:26,619 --> 00:49:28,621
[keyboard clacking]
1101
00:49:31,979 --> 00:49:34,505
[woman] And in a near-term
crippling blow for Cross-Co.,
1102
00:49:34,619 --> 00:49:36,189
its biggest and longest-running client,
1103
00:49:36,299 --> 00:49:37,505
Yum Time Bakeries,
1104
00:49:37,619 --> 00:49:39,826
has announced it is dropping
the trucking company,
1105
00:49:39,939 --> 00:49:41,748
citing rampant driver violations,
1106
00:49:41,859 --> 00:49:43,782
even negligence as the cause.
1107
00:49:43,899 --> 00:49:45,139
Guys! Guys!
1108
00:49:45,259 --> 00:49:46,260
[woman]
Analysts are predicting a major dive
1109
00:49:46,379 --> 00:49:47,505
for the midsize shipper's stock...
1110
00:49:47,619 --> 00:49:48,984
Guys!
1111
00:49:49,099 --> 00:49:50,669
AXe!
1112
00:49:50,819 --> 00:49:52,981
Breakfast is on me!
1113
00:49:56,819 --> 00:50:00,585
♪ Out on the streets,
that's where we'll meet a'
1114
00:50:00,699 --> 00:50:04,590
♪ You make the night,
I always cross the line a'
1115
00:50:04,699 --> 00:50:08,465
♪ Another day, some other way I
1116
00:50:08,579 --> 00:50:12,345
♪ We're gonna go,
but then we'll see you again a'
1117
00:50:12,459 --> 00:50:14,826
♪ I've had enough, we've had enough... ♪
1118
00:50:14,939 --> 00:50:16,020
[Ike]
Epic, man.
1119
00:50:16,139 --> 00:50:18,141
♪ Cold in vain, she said... X
1120
00:50:18,259 --> 00:50:19,704
That was an all-timer.
1121
00:50:19,819 --> 00:50:22,265
♪ I knew right from the beginning a'
1122
00:50:22,379 --> 00:50:23,710
Thanks for bringing us.
1123
00:50:23,819 --> 00:50:26,470
Having you here made the trip, man.
1124
00:50:27,579 --> 00:50:30,503
♪ I knew right from the start A'
1125
00:50:30,619 --> 00:50:32,462
♪ You'd put an arrow I
1126
00:50:32,579 --> 00:50:35,742
♪ Through my heart I
1127
00:50:35,859 --> 00:50:38,829
III
1128
00:50:38,939 --> 00:50:41,590
♪ Round and round,
what comes around... a'
1129
00:50:41,699 --> 00:50:43,269
[knock at door]
1130
00:50:43,379 --> 00:50:45,746
♪ I'll tell you why... A'
1131
00:50:47,259 --> 00:50:49,023
- [door slams]
- Well, I waited.
1132
00:50:49,139 --> 00:50:50,584
You pumped
the trucking company stock.
1133
00:50:50,699 --> 00:50:52,667
It's a bare-knuckles brawl.
I was just doing-
1134
00:50:52,779 --> 00:50:53,780
Stop.
1135
00:50:56,379 --> 00:50:59,986
Market manipulation,
insider trading, fraud.
1136
00:51:00,139 --> 00:51:02,824
You bought it, and you propped it up.
1137
00:51:04,219 --> 00:51:05,744
I'm just goddamn glad
that you haven't dumped it yet,
1138
00:51:05,859 --> 00:51:07,907
because then it would be
a slam-dunk case,
1139
00:51:08,059 --> 00:51:11,666
and there would be absolutely nothing
that I could do to help you.
1140
00:51:11,779 --> 00:51:16,103
Even if my office chose not to prosecute,
Eastern wouldn't.
1141
00:51:16,219 --> 00:51:18,426
And as it is, I had to give
my neck to an enemy.
1142
00:51:18,539 --> 00:51:19,745
God damn it.
1143
00:51:19,859 --> 00:51:22,829
The SEC may be feckless,
but they're not incompetent.
1144
00:51:22,939 --> 00:51:24,100
Where's the stock at?
1145
00:51:24,219 --> 00:51:25,425
Oh, they just made an announcement.
1146
00:51:25,579 --> 00:51:27,024
It's cascading down.
1147
00:51:27,139 --> 00:51:30,188
- It is time to dump out.
- Hold it.
1148
00:51:30,299 --> 00:51:32,950
- Come on.
- You'll hold it.
1149
00:51:33,059 --> 00:51:34,424
No profit.
1150
00:51:34,539 --> 00:51:35,870
Nothing to entice a prosecutor,
1151
00:51:35,979 --> 00:51:39,301
nothing fancy or flashy to sell a jury.
1152
00:51:39,419 --> 00:51:41,308
The great Charles Rhoades
won't be winning this one
1153
00:51:41,419 --> 00:51:43,103
and dazzling the Street once again.
1154
00:51:43,219 --> 00:51:45,301
Don't you get it?
Don't you understand?
1155
00:51:45,419 --> 00:51:48,070
This wasn't about me
making a few shekels.
1156
00:51:48,179 --> 00:51:51,103
This was about me
striking at our common enemy,
1157
00:51:51,219 --> 00:51:52,903
to hurt him where he lives.
1158
00:51:53,019 --> 00:51:53,941
I do understand.
1159
00:51:54,059 --> 00:51:57,461
You want me to get Axe
because he fucked with your side piece
1160
00:51:57,579 --> 00:51:59,263
and then he beat you.
1161
00:51:59,379 --> 00:52:01,302
For both of us!
1162
00:52:01,419 --> 00:52:04,548
And I did it because you wouldn't act.
1163
00:52:06,379 --> 00:52:07,710
[computer beeps]
1164
00:52:07,819 --> 00:52:09,628
Oh, Christ.
1165
00:52:09,739 --> 00:52:10,945
It's at $65.
1166
00:52:11,059 --> 00:52:13,061
At least let me take a small piece.
1167
00:52:13,179 --> 00:52:14,704
Not even a fucking taste.
1168
00:52:17,619 --> 00:52:19,508
Okay.
1169
00:52:19,619 --> 00:52:21,587
You've made your point, son.
I get it.
1170
00:52:21,699 --> 00:52:22,621
It's not a game.
1171
00:52:22,739 --> 00:52:24,389
I shouldn't have gone
off-piste like this.
1172
00:52:24,499 --> 00:52:27,901
But by the time I get out,
with commissions,
1173
00:52:28,059 --> 00:52:29,629
- I'll be lucky to break even.
- No.
1174
00:52:32,739 --> 00:52:33,581
[computer beeps]
1175
00:52:33,699 --> 00:52:35,906
$55.
This is where I bought in.
1176
00:52:36,019 --> 00:52:38,340
It's not a crime anymore.
It's a sell-off.
1177
00:52:39,979 --> 00:52:42,346
A little more medicine.
1178
00:52:42,459 --> 00:52:44,860
This is goddamn ridiculous.
1179
00:52:50,819 --> 00:52:51,661
[computer beeps]
1180
00:52:51,779 --> 00:52:53,269
It's below $45.
1181
00:52:58,139 --> 00:53:00,380
[touch-tones beeping]
1182
00:53:00,499 --> 00:53:03,548
[line rings]
1183
00:53:03,659 --> 00:53:05,741
Clark, get me out of CXC.
1184
00:53:05,859 --> 00:53:07,190
All of it.
1185
00:53:13,339 --> 00:53:15,740
I just dumped $480,000 on this.
1186
00:53:15,899 --> 00:53:17,310
[scoffs]
1187
00:53:17,419 --> 00:53:21,424
Axelrod still made at least $15 million,
1188
00:53:21,539 --> 00:53:22,904
despite it all.
1189
00:53:24,819 --> 00:53:26,787
Are you happy now?
1190
00:53:28,339 --> 00:53:30,421
Do I look fucking happy?
1191
00:53:32,699 --> 00:53:34,508
[sighs]
1192
00:53:34,619 --> 00:53:37,304
Will you get this son of a bitch already?
1193
00:53:39,979 --> 00:53:41,868
[indistinct chatter]
1194
00:53:41,979 --> 00:53:44,869
♪ Dramatic music I
1195
00:53:44,979 --> 00:53:46,583
III
1196
00:53:46,699 --> 00:53:49,464
I've got a good one to show you, boss.
1197
00:53:49,579 --> 00:53:51,104
Hey.
Good trip?
1198
00:53:51,219 --> 00:53:53,870
Whatever you did to Garth Sykes
gentled him down real good.
1199
00:53:54,019 --> 00:53:55,623
He emailed,
said he's ready to soar with you,
1200
00:53:55,739 --> 00:53:57,389
whatever the fuck that means.
1201
00:53:59,619 --> 00:54:01,109
[sighs]
1202
00:54:01,219 --> 00:54:05,588
III
1203
00:54:05,739 --> 00:54:08,902
Sorry. Sorry.
1204
00:54:20,419 --> 00:54:23,468
[Bobby]
Eat. Move.
1205
00:54:23,579 --> 00:54:27,300
Shit. Repeat.
1206
00:54:27,419 --> 00:54:28,944
What?
1207
00:54:29,059 --> 00:54:30,743
Sell everything.
1208
00:54:32,419 --> 00:54:34,148
Everything?
1209
00:54:34,259 --> 00:54:36,341
[chuckling] What the fuck happened
to you while you were gone?
1210
00:54:36,459 --> 00:54:38,700
Five percent from all our positions
1211
00:54:38,819 --> 00:54:40,662
right across the board, for starters.
1212
00:54:40,779 --> 00:54:42,861
De-lever.
But take it slow.
1213
00:54:42,979 --> 00:54:44,583
Control the bleeding.
1214
00:54:46,019 --> 00:54:49,307
Then we'll dump, sector by sector,
starting with telecom.
1215
00:54:49,419 --> 00:54:51,501
♪ Andrew Bird's "Oh No" playing a'
1216
00:54:51,659 --> 00:54:53,787
- People will think-
- That I'm out.
1217
00:54:57,779 --> 00:54:59,304
So are you?
1218
00:55:02,659 --> 00:55:07,665
III
1219
00:55:17,019 --> 00:55:20,580
♪ In the salsify mains of what
was thought but unsaid I'
1220
00:55:20,699 --> 00:55:25,023
♪ All the calcified arithmetists
were doing the math a'
1221
00:55:25,139 --> 00:55:27,187
III
1222
00:55:27,299 --> 00:55:30,587
♪ And it would take
a calculated blow to the head I
1223
00:55:30,739 --> 00:55:35,188
♪ To light the eyes of all
the harmless sociopaths a'
1224
00:55:35,299 --> 00:55:37,222
III
1225
00:55:37,339 --> 00:55:40,707
♪ Oh, arm in arm,
we are the harmless sociopaths a'
1226
00:55:40,819 --> 00:55:45,222
♪ Oh, arm in arm
with all the harmless sociopaths a'
1227
00:55:45,379 --> 00:55:48,701
♪ Calcium mines are buried
deep in your chest a'
1228
00:55:48,819 --> 00:55:50,662
♪ Oh, the calcium mines 4'
1229
00:55:50,779 --> 00:55:54,101
♪ You buried deep in your chest I
1230
00:55:54,219 --> 00:55:56,745
III
1231
00:55:56,859 --> 00:55:58,304
♪ Ooh, ooh, ooh 4'
1232
00:55:58,419 --> 00:56:00,501
♪ You're deep in a mine I
1233
00:56:00,619 --> 00:56:05,625
III