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