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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:05,615 --> 00:00:08,083 [Bobby] Previously on "Billions"... 2 00:00:08,166 --> 00:00:10,083 [Chuck] The only enemy more dangerous 3 00:00:10,166 --> 00:00:13,083 than a man with unlimited resources... 4 00:00:13,166 --> 00:00:14,724 is one with nothing to lose. 5 00:00:14,759 --> 00:00:17,375 And that is what you are looking at 6 00:00:17,458 --> 00:00:19,166 right here. 7 00:00:19,250 --> 00:00:21,000 This is for you... 8 00:00:21,693 --> 00:00:24,875 Look at them. With that morning-after glow. 9 00:00:25,831 --> 00:00:28,000 This is what your wife is out doing. 10 00:00:28,083 --> 00:00:29,000 [Bobby] You see things differently. 11 00:00:29,083 --> 00:00:31,625 That's an edge. Congratulations. 12 00:00:31,709 --> 00:00:33,583 All the analysts now answer to you. 13 00:00:33,667 --> 00:00:36,583 We've long suspected criminal activity at Axe Capital. 14 00:00:36,667 --> 00:00:39,083 - Do you know how to do this? - Some parts of the job 15 00:00:39,166 --> 00:00:40,625 are pretty intuitive. 16 00:00:40,709 --> 00:00:42,458 Is there any law enforcement here? 17 00:00:42,542 --> 00:00:43,667 [Rico] No. 18 00:00:43,750 --> 00:00:46,542 You let me know if any show up. 19 00:00:46,625 --> 00:00:49,542 - You should name a C.I.O. - I'll do it. 20 00:00:49,625 --> 00:00:52,291 But I'm not running with you. And neither are the kids. 21 00:00:52,375 --> 00:00:54,295 So, you do what you got to do, but we're staying. 22 00:00:55,571 --> 00:00:57,143 [Chuck Sr.] Black Jack Foley. 23 00:00:57,178 --> 00:00:59,218 - How are you, Charles? - [Chuck Sr.] I'll be better 24 00:00:59,242 --> 00:01:01,041 if you help me out with a little something. 25 00:01:01,125 --> 00:01:02,041 Jack. 26 00:01:02,125 --> 00:01:04,750 Will you make me governor? 27 00:01:04,834 --> 00:01:06,208 [vomits, all gasp] 28 00:01:06,291 --> 00:01:09,542 The Ice Juice IPO never tracks back to my family, 29 00:01:09,625 --> 00:01:10,959 to my father's investment. 30 00:01:11,041 --> 00:01:13,458 Get out of the stock, Chuck. They're gonna crush you. 31 00:01:13,542 --> 00:01:16,083 Wow, I'm glad to see you view me as so defenseless. 32 00:01:16,166 --> 00:01:18,126 The Ice Juice short, how do I get a piece of that? 33 00:01:18,150 --> 00:01:20,834 Ice Juice never made anyone sick. 34 00:01:20,917 --> 00:01:21,792 You baited him? 35 00:01:21,875 --> 00:01:25,750 You used my company, my career, my future... 36 00:01:25,834 --> 00:01:28,417 Where do you get the fucking nerve?! 37 00:01:28,500 --> 00:01:29,834 I am done with you. 38 00:01:29,917 --> 00:01:33,000 You've been named interim U.S. Attorney for the Eastern District. 39 00:01:33,083 --> 00:01:35,333 You didn't think this shit happened by accident, 40 00:01:35,417 --> 00:01:36,667 did you, Mr. Dake? 41 00:01:36,750 --> 00:01:39,583 I've arranged that you'll lead the prosecution at Eastern. 42 00:01:39,667 --> 00:01:41,427 Tell Sacker I'm gonna make her Chief of Crim. 43 00:01:41,901 --> 00:01:43,295 [Bobby] I'm gonna find it. 44 00:01:43,871 --> 00:01:46,542 Whatever thread you left behind. 45 00:01:46,625 --> 00:01:50,834 And I am gonna pull on it until your whole fucking world unravels. 46 00:01:50,917 --> 00:01:52,792 I might go down behind all of this, 47 00:01:52,875 --> 00:01:55,291 but you are gonna be right there next to me. 48 00:01:57,173 --> 00:01:59,291 Worth it. 49 00:02:07,083 --> 00:02:10,542 ♪ Dramatic music ♪ 50 00:02:19,750 --> 00:02:22,792 ♪ Garrett T. Capps' "Born in San Antone" ♪ 51 00:02:36,083 --> 00:02:38,917 ♪ I was born in San Antone ♪ 52 00:02:39,000 --> 00:02:43,875 ♪ I was born in San Antone ♪ 53 00:02:43,959 --> 00:02:48,208 ♪ I guess that's why I'm a pinche gringo ♪ 54 00:02:48,291 --> 00:02:52,083 ♪ I was born in San Antone ♪ 55 00:02:52,166 --> 00:02:54,458 ♪♪♪ 56 00:02:56,834 --> 00:03:00,041 I'm from horse country, Chuck, West Texas. 57 00:03:00,125 --> 00:03:03,250 My family bred 'em, American quarterhorses. 58 00:03:03,333 --> 00:03:05,625 Those babies fetch quite the price, 59 00:03:05,709 --> 00:03:08,208 so we were real gentle with the product. 60 00:03:08,291 --> 00:03:09,417 We used teasers. 61 00:03:09,500 --> 00:03:11,458 Those are stallions you put into the stall 62 00:03:11,542 --> 00:03:14,625 with the sole purpose of making sure the mare's in heat, 63 00:03:14,709 --> 00:03:15,709 primed for breeding. 64 00:03:15,792 --> 00:03:17,672 Now, a teaser, he doesn't get to do any fucking. 65 00:03:17,696 --> 00:03:20,000 He's just there to get the mare ready. 66 00:03:20,083 --> 00:03:21,250 Take her kicks. 67 00:03:21,333 --> 00:03:24,083 Try to mount, take some more kicks. 68 00:03:24,166 --> 00:03:25,750 By God, that teaser, 69 00:03:25,834 --> 00:03:29,250 he's got a rager going on the whole dang time. 70 00:03:29,333 --> 00:03:30,959 But that doesn't matter. 71 00:03:31,041 --> 00:03:32,959 As soon as that dam is ready, 72 00:03:33,041 --> 00:03:35,750 we yank that teaser out of there, lead the real stud in, 73 00:03:35,834 --> 00:03:38,166 and he gets to do all the fucking. 74 00:03:38,250 --> 00:03:42,291 Teaser has to make do with some mangy hay and a bucket of oats. 75 00:03:42,375 --> 00:03:47,583 - Brutal. - Yeah, nature often is. 76 00:03:47,667 --> 00:03:50,291 Right now, you're that teaser, aren't you, 77 00:03:50,375 --> 00:03:51,959 with Dake prosecuting Axelrod? 78 00:03:52,041 --> 00:03:53,291 He's getting all the credit 79 00:03:53,375 --> 00:03:57,083 for putting the cuffs on him and freezing his assets. 80 00:03:57,166 --> 00:04:00,166 Dake is fucking Axelrod right now in front of everybody, 81 00:04:00,250 --> 00:04:02,250 and you, you're back in the barn, 82 00:04:02,333 --> 00:04:05,583 nursing your rager with a bucket of oats. 83 00:04:07,041 --> 00:04:10,500 Well, as long as justice is served, credit doesn't matter at all, General. 84 00:04:10,583 --> 00:04:12,917 Good. 85 00:04:13,000 --> 00:04:16,333 Why don't you tell me how it really makes you feel 86 00:04:16,417 --> 00:04:19,458 to see Dake with the lariat in his grip? 87 00:04:22,875 --> 00:04:25,709 You'd like to tear that case from him with your bare hands 88 00:04:25,792 --> 00:04:27,500 and leave him crying in the gutter. 89 00:04:27,583 --> 00:04:30,542 Hmm? 90 00:04:30,625 --> 00:04:32,291 You got some wolf in you, 91 00:04:32,375 --> 00:04:35,166 which is why you're not getting fired. 92 00:04:35,250 --> 00:04:36,500 Not quite yet, anyway. 93 00:04:36,583 --> 00:04:39,000 No, sir, you are among the blessed few. 94 00:04:39,083 --> 00:04:41,333 It's end times for most of your brethren, 95 00:04:41,417 --> 00:04:44,083 but you have not been raptured yet. 96 00:04:44,166 --> 00:04:45,834 I've only kept on seven U.S. attorneys 97 00:04:45,917 --> 00:04:48,166 since the president was good enough to appoint me. 98 00:04:48,250 --> 00:04:49,850 Attorney General of these United States. 99 00:04:50,341 --> 00:04:53,375 I just wanted to make sure our agendas are aligned 100 00:04:53,458 --> 00:04:55,625 when it comes to that justice you spoke of 101 00:04:55,709 --> 00:04:57,083 moments ago. 102 00:04:57,166 --> 00:04:59,811 These high-profile cases you and your people have working? 103 00:05:01,417 --> 00:05:03,471 Heap of Wall Street-related matters. 104 00:05:03,506 --> 00:05:05,333 Well, the markets are within my purview. 105 00:05:05,417 --> 00:05:08,000 Well, that may be, but I come from baseball country. 106 00:05:08,083 --> 00:05:11,875 We learn at an early age that a tie goes to the runner. 107 00:05:11,959 --> 00:05:15,500 And that is how I want you to think of our business community 108 00:05:15,583 --> 00:05:16,917 and its leaders from now on. 109 00:05:17,000 --> 00:05:20,500 Now, look, if there's a clear crime, then, by all means, you go after it. 110 00:05:20,583 --> 00:05:24,458 But if it's a bang-bang play, don't call a man out on a win. 111 00:05:24,542 --> 00:05:26,500 Just let that rally continue. 112 00:05:27,498 --> 00:05:30,417 I thought you come from horse country. 113 00:05:33,227 --> 00:05:35,709 West Texas contains multitudes, Chuck. 114 00:05:36,522 --> 00:05:37,792 Ahh. 115 00:05:37,875 --> 00:05:39,792 Prioritize the cases that make sense. 116 00:05:39,875 --> 00:05:42,333 You know what to do with the rest. 117 00:05:43,163 --> 00:05:45,834 They're marked so there's no confusion. 118 00:05:47,450 --> 00:05:49,792 Come on, let's schottische on into this ballroom. 119 00:05:50,688 --> 00:05:52,000 Come on. 120 00:05:52,083 --> 00:05:54,375 [chuckles] 121 00:05:54,458 --> 00:05:55,667 ♪ When I was younger ♪ 122 00:05:55,750 --> 00:05:57,750 ♪ Thought I was oh so very bold ♪ 123 00:05:57,834 --> 00:05:59,834 ♪ Everyone told me ♪ 124 00:05:59,917 --> 00:06:01,250 ♪ To never leave home ♪ 125 00:06:01,333 --> 00:06:03,667 ♪ I said I'm sorry ♪ 126 00:06:03,750 --> 00:06:06,250 ♪ But I've got to go ♪ 127 00:06:06,333 --> 00:06:10,625 ♪ I was born in San Antone ♪ 128 00:06:10,709 --> 00:06:13,000 ♪♪♪ 129 00:06:31,333 --> 00:06:34,291 ♪ The Dictators' "The Next Big Thing" ♪ 130 00:06:38,661 --> 00:06:43,458 ♪ I used to shiver in the wings ♪ 131 00:06:43,542 --> 00:06:47,583 ♪ But then I was young ♪ 132 00:06:47,667 --> 00:06:50,375 ♪ I used to shiver in the wings ♪ 133 00:06:50,458 --> 00:06:55,583 ♪ Until I found my own tongue ♪ 134 00:06:55,667 --> 00:06:59,917 ♪ I sock 'em everywhere that I sing ♪ 135 00:07:00,000 --> 00:07:02,166 ♪ 'Cause you know, baby ♪ 136 00:07:02,250 --> 00:07:02,917 ♪ I'm the next big thing ♪ 137 00:07:03,000 --> 00:07:06,875 ♪♪♪ 138 00:07:15,041 --> 00:07:16,500 First order of business. 139 00:07:16,583 --> 00:07:19,291 There's going to be an idea dinner night after tomorrow. 140 00:07:19,375 --> 00:07:21,333 - Platinum invite list... - Fuck. Fuck that. 141 00:07:21,417 --> 00:07:23,250 Fuck having this meeting without Axe here. 142 00:07:23,333 --> 00:07:24,375 Fuck all of this. 143 00:07:24,458 --> 00:07:27,125 - Easy, "Dollar" Bill. - Nothing about this is easy. 144 00:07:27,208 --> 00:07:28,875 I've been humping my ass into the city, 145 00:07:28,959 --> 00:07:31,417 hour and a half in traffic, into this swanky Manhattan office, 146 00:07:31,500 --> 00:07:33,166 and you haven't called a single meeting 147 00:07:33,250 --> 00:07:35,333 because the government's frozen all the assets. 148 00:07:35,417 --> 00:07:36,244 So when you called this meeting, 149 00:07:36,325 --> 00:07:39,406 I assumed that meant it was go-time and they've finally been unfrozen. 150 00:07:39,442 --> 00:07:43,041 Not yet. Still frozen like Otzi in the goddamn Alps. 151 00:07:43,125 --> 00:07:45,500 That's the Frozen Man, right? 152 00:07:48,792 --> 00:07:52,834 I need those funds to flow like the Kancamangus Rapids. 153 00:07:52,917 --> 00:07:56,709 I'm ready to rock and roll on full auto right the fuck now. 154 00:07:56,792 --> 00:07:58,875 [all talking] 155 00:07:58,959 --> 00:08:01,542 [man] Where the hell is Axe? 156 00:08:01,625 --> 00:08:05,083 ♪ Soft music ♪ 157 00:08:08,875 --> 00:08:12,083 I'm over here! 158 00:08:27,041 --> 00:08:29,333 Cool bachelor pad... bro. 159 00:08:31,104 --> 00:08:33,959 I wasn't gonna stay in Westport. 160 00:08:34,924 --> 00:08:37,709 Guys like you head to the city when their marriages fall apart 161 00:08:37,792 --> 00:08:42,333 for the same reason birds fly south instead of freezing their asses off. 162 00:08:42,417 --> 00:08:43,458 It's in the genetic code. 163 00:08:45,263 --> 00:08:47,875 You're the first person to see the place. 164 00:08:47,959 --> 00:08:49,667 Other than the kids. 165 00:08:49,750 --> 00:08:50,750 What do they think? 166 00:08:51,495 --> 00:08:54,125 It's stocked with video games and snacks. 167 00:08:54,208 --> 00:08:55,667 They seem fine. 168 00:08:55,750 --> 00:08:58,542 How about you? 169 00:09:00,013 --> 00:09:02,750 Did you just change out of the pajamas three minutes ago? 170 00:09:04,166 --> 00:09:06,625 Are you planning to come to the office anytime soon? 171 00:09:06,709 --> 00:09:08,375 Yeah, once my assets are unfrozen. 172 00:09:08,458 --> 00:09:10,081 Should everyone else go home, too? 173 00:09:10,116 --> 00:09:12,625 Not if they want to stay on the payroll. 174 00:09:13,674 --> 00:09:14,674 That's inspiring stuff. 175 00:09:16,008 --> 00:09:17,583 Must be what Kennedy said to his staff 176 00:09:17,667 --> 00:09:19,363 during the Cuban missile crisis. 177 00:09:19,671 --> 00:09:23,083 Kennedy wasn't under as much pressure as I am. 178 00:09:23,166 --> 00:09:26,542 I tell you, Bobby, it's times like these I... 179 00:09:26,625 --> 00:09:30,000 I wish you hadn't fired Dr. Gus. 180 00:09:30,083 --> 00:09:34,667 - Why? - Because this... 181 00:09:34,750 --> 00:09:36,917 is a fuckin' disaster. 182 00:09:37,000 --> 00:09:38,458 [chuckles softly] 183 00:09:38,542 --> 00:09:39,709 [all talking] 184 00:09:39,792 --> 00:09:41,000 I get it! I get it. 185 00:09:41,083 --> 00:09:43,694 You're worried that every day you're on the sidelines 186 00:09:43,729 --> 00:09:46,500 makes it harder for you to make your numbers for the year. 187 00:09:46,583 --> 00:09:48,667 Not harder. Impossible. 188 00:09:48,750 --> 00:09:50,667 - Right? - Well, know this. 189 00:09:50,750 --> 00:09:53,209 You won't fall below the hard deck. 190 00:09:53,244 --> 00:09:55,375 No one is crashing and burning. 191 00:09:55,458 --> 00:09:58,208 If you come through for me now, you will all make a bonus 192 00:09:58,291 --> 00:10:00,583 of at least what you made last year. 193 00:10:05,083 --> 00:10:08,041 But first, you need to deliver on today's mission. 194 00:10:08,898 --> 00:10:10,333 The idea dinner. 195 00:10:10,417 --> 00:10:14,000 Top-ten hedge-fund managers in the city will be there. 196 00:10:14,083 --> 00:10:15,208 These rat fucks 197 00:10:15,291 --> 00:10:17,288 are how these billionaires measure themselves. 198 00:10:17,323 --> 00:10:19,333 Even being in the room confers upon you 199 00:10:19,417 --> 00:10:21,125 almost mythical status, 200 00:10:21,208 --> 00:10:23,083 like you're a knight of the Round Table. 201 00:10:23,166 --> 00:10:24,917 - They ride in on horses? - Maybachs. 202 00:10:25,000 --> 00:10:27,875 I've heard Axe say he'd never go to one of these hog shows. 203 00:10:27,959 --> 00:10:29,750 Yeah, that he couldn't understand why anybody 204 00:10:29,834 --> 00:10:31,851 would want to sit with his rivals and give away good plays. 205 00:10:31,875 --> 00:10:33,475 [Wags] The whys and goddamned wherefores 206 00:10:33,499 --> 00:10:36,208 are not for you to concern your pretty little heads with. 207 00:10:36,291 --> 00:10:38,291 I think it's great that we're invited, considering. 208 00:10:38,315 --> 00:10:40,596 We're kind of the most toxic shop on the street right now. 209 00:10:41,089 --> 00:10:43,875 They begged him to come, sent emissaries, gifts, 210 00:10:43,959 --> 00:10:46,520 all to ensure he'd be there to share his insights. 211 00:10:46,853 --> 00:10:48,250 I'm so radioactive right now, 212 00:10:48,333 --> 00:10:50,667 I had to beg an invite to this idea dinner. 213 00:10:50,750 --> 00:10:53,000 I need to understand why you'd do that. 214 00:10:53,083 --> 00:10:54,500 Why do you think it matters? 215 00:10:54,583 --> 00:10:56,000 Look at where I am. 216 00:10:56,083 --> 00:10:57,898 Indicted, thanks to your husband. 217 00:10:57,967 --> 00:11:02,125 Thanks to you giving in to the worst of your instincts. 218 00:11:02,208 --> 00:11:03,792 Well, yeah, maybe that, too. 219 00:11:03,875 --> 00:11:05,792 But the point is I'm about to stand trial. 220 00:11:05,875 --> 00:11:09,458 If I win, I want a company to return to. 221 00:11:09,542 --> 00:11:11,709 The government, by freezing my funds, 222 00:11:11,792 --> 00:11:14,417 is trying to tell the story that we're crooked. 223 00:11:14,500 --> 00:11:15,583 They know we're not. 224 00:11:15,667 --> 00:11:19,250 They know they spent years trying and failing to prove it, 225 00:11:19,333 --> 00:11:21,583 but the story is being written every day now. 226 00:11:21,667 --> 00:11:25,417 So events like this idea dinner, they also tell a story. 227 00:11:25,500 --> 00:11:29,249 So if I'm there, I'm telling the story that I'm not cowering, I'm not hiding, 228 00:11:29,334 --> 00:11:30,342 I'm not defeated. 229 00:11:30,400 --> 00:11:33,333 But I can't just show up. I have to dominate it. 230 00:11:33,417 --> 00:11:35,083 The only thing is, 231 00:11:35,166 --> 00:11:38,291 for the first time in my life, 232 00:11:39,390 --> 00:11:42,625 I don't think I can. 233 00:11:42,709 --> 00:11:44,583 Fear? 234 00:11:44,667 --> 00:11:45,834 Rage. 235 00:11:47,063 --> 00:11:49,667 We need to arm him with an idea that will shock and awe 236 00:11:49,750 --> 00:11:54,500 so the dinner ends with Axe's idea e-mailed and texted from firm to firm, 237 00:11:54,583 --> 00:11:56,792 leaving no doubt we are still the sharpest. 238 00:11:56,875 --> 00:11:58,795 So go generate some speedballs he can dazzle with 239 00:11:58,819 --> 00:12:02,667 or go the fuck home for good. 240 00:12:02,750 --> 00:12:04,333 [grunts] 241 00:12:09,959 --> 00:12:12,583 You're not authorized to guarantee bonuses. 242 00:12:12,667 --> 00:12:14,917 Your ego just wrote a check your body can't cash. 243 00:12:15,000 --> 00:12:17,214 I appreciate you waiting until after the meeting 244 00:12:17,249 --> 00:12:18,625 to hit me with that one. 245 00:12:18,709 --> 00:12:20,435 I know holding back doesn't come naturally. 246 00:12:20,470 --> 00:12:22,390 Well, I was so shocked you could quote "Top Gun," 247 00:12:22,472 --> 00:12:23,766 it took me a second to respond. 248 00:12:23,821 --> 00:12:26,750 I figure speaking their language is part of the job now. 249 00:12:26,834 --> 00:12:30,291 But none of this is going to matter unless Axe gets us back in the game. 250 00:12:30,375 --> 00:12:33,458 I have our best man working on it right now. 251 00:12:33,542 --> 00:12:34,822 I want to run a Dickens process. 252 00:12:34,846 --> 00:12:37,667 Tony Robbins took me through it a few years back, so... 253 00:12:37,750 --> 00:12:41,291 - Sit down. - [sighs] 254 00:12:44,208 --> 00:12:46,375 I take you to specific moments in your life, 255 00:12:46,458 --> 00:12:47,834 use them to jump into the future. 256 00:12:47,917 --> 00:12:49,837 You get to experience different possible versions 257 00:12:49,861 --> 00:12:51,625 of your life, like in... 258 00:12:51,709 --> 00:12:55,166 Like "A Christmas Carol," hence, Dickens. 259 00:12:55,250 --> 00:12:57,166 Let's find a moment early on 260 00:12:57,250 --> 00:12:59,417 when your rage served you. 261 00:12:59,500 --> 00:13:01,583 Close your eyes. 262 00:13:04,592 --> 00:13:07,125 Let it come to you. 263 00:13:10,250 --> 00:13:13,375 Fifth grade. 264 00:13:14,024 --> 00:13:15,075 I needed money. 265 00:13:15,914 --> 00:13:17,750 There were these rich eighth-grade pricks 266 00:13:17,834 --> 00:13:18,834 from Harrison. 267 00:13:18,917 --> 00:13:20,667 God, I hated their stupid faces. 268 00:13:20,750 --> 00:13:23,625 I had an Islander jersey and a Koho hockey stick. 269 00:13:23,709 --> 00:13:26,250 I signed 'em Mike Bossy and Bryan Trottier, 270 00:13:26,333 --> 00:13:28,166 and the dickbags bought 'em. 271 00:13:28,250 --> 00:13:29,291 What'd you get? 272 00:13:29,375 --> 00:13:32,750 $300 cash, new sneakers, Atari. 273 00:13:32,834 --> 00:13:34,750 When they found out, they went to town on me 274 00:13:34,834 --> 00:13:36,117 like Dave "The Hammer" Schultz. 275 00:13:36,152 --> 00:13:40,208 God, I got so angry at them, 276 00:13:40,291 --> 00:13:42,542 my parents for not having enough money, 277 00:13:42,625 --> 00:13:45,417 myself for getting caught. 278 00:13:45,500 --> 00:13:48,583 That rage... 279 00:13:48,667 --> 00:13:51,041 grew in me. 280 00:13:51,969 --> 00:13:53,942 It worked like jet fuel for years. 281 00:13:53,977 --> 00:13:55,417 It was useful. 282 00:13:55,500 --> 00:13:58,250 Yeah. Fuck, yeah, it was. Got me here. 283 00:13:58,333 --> 00:14:00,898 Your brain, instincts, market feel, all that, 284 00:14:00,925 --> 00:14:03,709 had more to do with it. But for the moment, let's agree 285 00:14:03,792 --> 00:14:05,417 that the rage worked for a time. 286 00:14:05,500 --> 00:14:08,166 But let's look for a moment when it was the wrong tool 287 00:14:08,250 --> 00:14:10,250 and it cost you more than it made you. 288 00:14:10,333 --> 00:14:12,250 We're gonna talk about your husband now? 289 00:14:12,333 --> 00:14:13,917 No, about you 290 00:14:14,000 --> 00:14:17,462 and how when you allow your anger 291 00:14:17,497 --> 00:14:19,250 to make you blind to consequences, 292 00:14:19,333 --> 00:14:22,542 it shuts off those other more crucial skills. 293 00:14:25,667 --> 00:14:27,375 Let's take a moment 294 00:14:27,458 --> 00:14:29,208 from your personal life 295 00:14:29,291 --> 00:14:32,792 with Lara. 296 00:14:32,875 --> 00:14:35,875 She'd say I allowed my anger to throw everything away, 297 00:14:36,000 --> 00:14:38,865 to crack the foundation of trust. 298 00:14:38,900 --> 00:14:41,333 So what if you could go back into your past? 299 00:14:41,417 --> 00:14:44,125 How would you handle that memorabilia sale? 300 00:14:44,208 --> 00:14:46,125 My past? 301 00:14:46,208 --> 00:14:47,977 Nah, I wouldn't change it. 302 00:14:49,542 --> 00:14:51,667 Good. We can't. 303 00:14:51,750 --> 00:14:55,792 But holding on to the feeling of that rage, look to the future. 304 00:14:55,875 --> 00:14:57,667 Where do you see yourself in five years 305 00:14:57,750 --> 00:15:00,125 if you carry on this way, 306 00:15:00,208 --> 00:15:04,417 if you continue to carry the weight of this anger? 307 00:15:04,500 --> 00:15:07,542 Where are you in 10? 308 00:15:07,625 --> 00:15:09,834 20? 309 00:15:09,917 --> 00:15:11,959 Are you happy? 310 00:15:12,041 --> 00:15:14,792 Are you fulfilled? 311 00:15:14,875 --> 00:15:18,875 Or are you lonely, bitter? 312 00:15:18,959 --> 00:15:22,041 Lashing out. 313 00:15:22,125 --> 00:15:23,917 Fuck Dickens! 314 00:15:24,959 --> 00:15:27,542 All I see is jail 315 00:15:27,625 --> 00:15:30,041 and the company I spent my lifetime building up 316 00:15:30,125 --> 00:15:31,000 reduced to rubble. 317 00:15:31,083 --> 00:15:33,709 Look, I want to do this with you. 318 00:15:33,792 --> 00:15:36,333 I want to believe that it can help. 319 00:15:36,417 --> 00:15:38,834 But I just don't think I can. 320 00:15:39,560 --> 00:15:42,333 Okay. 321 00:15:42,417 --> 00:15:46,166 But now you know exactly where your focus needs to be, 322 00:15:46,250 --> 00:15:47,667 where you need to be. 323 00:15:47,750 --> 00:15:49,458 At the office. 324 00:15:49,542 --> 00:15:52,041 And when you get back home from this conclave, 325 00:15:52,125 --> 00:15:53,959 make sure you get with your people. 326 00:15:54,041 --> 00:15:56,213 Make sure we are all on the same bill of lading. 327 00:15:56,934 --> 00:15:59,208 There's a new sheriff in town. 328 00:15:59,291 --> 00:16:00,959 You are all my deputies. 329 00:16:01,041 --> 00:16:03,834 Gonna be one hell of a turkey shoot! 330 00:16:03,917 --> 00:16:05,917 Thank you! 331 00:16:06,000 --> 00:16:07,166 God bless you. 332 00:16:10,625 --> 00:16:12,834 Are we still employed? 333 00:16:12,917 --> 00:16:14,333 We seem to be. 334 00:16:14,417 --> 00:16:16,832 Mm. And the shift in agenda he was talking about, 335 00:16:16,917 --> 00:16:18,208 - that hits us? - Mm-hmm, 336 00:16:18,291 --> 00:16:19,822 but we press on, as always. 337 00:16:19,983 --> 00:16:23,917 I'll handle the optics, and we'll manage up the chain. 338 00:16:24,000 --> 00:16:27,208 Just so you know, I'm as nimble as I need to be. 339 00:16:27,291 --> 00:16:28,417 I count on that. 340 00:16:28,500 --> 00:16:30,375 This is the fissile material. 341 00:16:30,458 --> 00:16:31,917 You'll know what to do. 342 00:16:32,000 --> 00:16:32,875 Well, well, well. 343 00:16:32,959 --> 00:16:35,834 Bryan Connerty and his new lord. 344 00:16:35,917 --> 00:16:38,893 May your reign be long and fruitful. 345 00:16:38,928 --> 00:16:40,583 I serve at the pleasure... 346 00:16:40,667 --> 00:16:42,417 Don't we all? 347 00:16:42,500 --> 00:16:44,083 Freezing the assets? 348 00:16:44,166 --> 00:16:47,083 Now, that's an Ivan Koloff bear hug you're putting on the man. 349 00:16:47,166 --> 00:16:49,250 You're squeezing the breath out of him. 350 00:16:49,333 --> 00:16:50,750 I was more Iron Sheik era. 351 00:16:50,834 --> 00:16:51,750 All right, fine. 352 00:16:51,834 --> 00:16:53,716 It's a camel clutch, and a hell of a good one. 353 00:16:53,758 --> 00:16:56,125 You seem pretty comfy at his elbow. 354 00:16:56,208 --> 00:16:58,041 That's the job. 355 00:16:58,125 --> 00:16:59,125 Until it ain't. 356 00:16:59,846 --> 00:17:01,667 Man, ain't that the truth? 357 00:17:01,750 --> 00:17:04,417 But you can't let this monster have a chance to recover. 358 00:17:04,500 --> 00:17:06,333 Yes. I'll use my leverage and strength 359 00:17:06,417 --> 00:17:08,250 and get something valuable in return. 360 00:17:08,333 --> 00:17:09,792 I know my job, Chuck. 361 00:17:09,875 --> 00:17:13,041 And I also know the real reason you need this to go quickly. 362 00:17:13,125 --> 00:17:16,083 Oh? And what do you imagine that is? 363 00:17:16,166 --> 00:17:18,206 You are like a man who committed a crime of passion. 364 00:17:18,230 --> 00:17:21,917 In the moment, it felt so right. 365 00:17:22,000 --> 00:17:23,375 But in the morning, 366 00:17:23,458 --> 00:17:26,365 all he sees is the blood splashed on the walls 367 00:17:26,400 --> 00:17:28,000 of his dead lover's bedroom, 368 00:17:28,083 --> 00:17:30,291 and he just wants it all to go away, 369 00:17:30,375 --> 00:17:31,917 but it can't. 370 00:17:32,000 --> 00:17:35,223 I'm going to prosecute the case to the full extent of the law 371 00:17:35,258 --> 00:17:37,417 without breaking the terms of our agreement. 372 00:17:37,500 --> 00:17:40,959 So if you don't clean up all the blood before the cops get there, 373 00:17:41,041 --> 00:17:43,667 I cannot guarantee your DNA stays out of the courtroom. 374 00:17:43,750 --> 00:17:47,333 This is a conversation we need to finish somewhere else... 375 00:17:47,417 --> 00:17:48,500 private. 376 00:17:57,083 --> 00:17:59,250 [horns honking] 377 00:18:05,750 --> 00:18:07,375 - Hey. - Hey. 378 00:18:09,382 --> 00:18:10,458 You ready? 379 00:18:10,542 --> 00:18:11,750 Yeah. 380 00:18:11,834 --> 00:18:12,834 Let's do this. 381 00:18:14,208 --> 00:18:17,166 And newly appointed U.S. Treasury Secretary 382 00:18:17,250 --> 00:18:19,026 Todd Krakow was sworn in today. 383 00:18:19,374 --> 00:18:21,291 Look at that preening fuck. 384 00:18:22,228 --> 00:18:25,834 You know, his name on money may actually make me like him less. 385 00:18:25,917 --> 00:18:28,208 Hello, Bobby. 386 00:18:29,333 --> 00:18:30,834 Birch! 387 00:18:30,917 --> 00:18:32,337 - Axe. - Wendy. 388 00:18:32,372 --> 00:18:33,667 Lara. 389 00:18:36,758 --> 00:18:38,291 I'm here to go over my assets. 390 00:18:38,375 --> 00:18:40,625 You were supposed to bring a business manager 391 00:18:40,709 --> 00:18:41,989 or accountant, not a competitor. 392 00:18:42,013 --> 00:18:44,500 I only compete with currently active hedge funds. 393 00:18:44,583 --> 00:18:46,291 Ding, ding, ding! I want a clean fight. 394 00:18:46,375 --> 00:18:47,655 Protect yourselves at all times. 395 00:18:47,679 --> 00:18:49,166 There'll be no standing eight count. 396 00:18:49,250 --> 00:18:50,650 Give Lara full access to the books. 397 00:18:50,674 --> 00:18:53,591 She has a right to see the state of things. 398 00:18:53,812 --> 00:18:55,834 As you wish, my liege. 399 00:19:02,098 --> 00:19:04,542 Run her through where the bodies are buried. 400 00:19:06,625 --> 00:19:07,667 [door closes] 401 00:19:08,614 --> 00:19:10,333 This column, 402 00:19:10,417 --> 00:19:12,250 this one, this one, and this one 403 00:19:12,333 --> 00:19:14,208 are the main holdings. 404 00:19:14,291 --> 00:19:16,041 There you have it. 405 00:19:16,125 --> 00:19:18,542 I see the balance on the accounts. 406 00:19:18,625 --> 00:19:20,417 And what a soaring, fat balance it is. 407 00:19:20,500 --> 00:19:22,041 We need to see the trade history 408 00:19:22,125 --> 00:19:24,333 leading up to the redemptions and cash positions. 409 00:19:24,417 --> 00:19:25,434 Sure. Let me bring up a different screen. 410 00:19:25,458 --> 00:19:27,375 Like Squanto should have said to the pilgrims, 411 00:19:27,458 --> 00:19:30,291 - "Get the fuck out of here." - Wags, come on. 412 00:19:30,375 --> 00:19:31,935 It's proprietary. You're not seeing it. 413 00:19:31,959 --> 00:19:34,607 - This is bullshit, Wags. - Lara, we're not having a fight. 414 00:19:34,708 --> 00:19:36,588 I'm telling you, you're not gonna see that shit. 415 00:19:36,612 --> 00:19:37,875 As is often the case, 416 00:19:37,959 --> 00:19:39,679 the longer you can hold off, the more likely 417 00:19:39,703 --> 00:19:41,507 you'll be screaming in pleasure at the end. 418 00:19:41,533 --> 00:19:43,296 We're not making a porno, Orrin, 419 00:19:43,300 --> 00:19:45,909 though I appreciate the effort to make me laugh. 420 00:19:45,944 --> 00:19:49,375 My father always said laughter was the best medicine, 421 00:19:49,458 --> 00:19:51,166 which is why I was so confused 422 00:19:51,250 --> 00:19:53,875 when I finally tried cocaine in the '80s. 423 00:19:53,959 --> 00:19:55,583 [scoffs] 424 00:19:55,667 --> 00:19:57,750 Okay. You lightened my mood. 425 00:19:57,834 --> 00:20:00,166 Now make me really happy and tell me how we expose 426 00:20:00,250 --> 00:20:02,834 all the shit that Rhoades pulled to suck me in. 427 00:20:02,917 --> 00:20:05,250 Easier said, Bobby, because we can't introduce that 428 00:20:05,333 --> 00:20:08,250 without confirming your actions as a response. 429 00:20:08,333 --> 00:20:10,550 We'd be virtually admitting your role. 430 00:20:11,843 --> 00:20:14,041 What he did, it's a fucking crime. 431 00:20:14,125 --> 00:20:17,000 Maybe. But it's not a defense. 432 00:20:17,083 --> 00:20:18,458 All right, get to the rest. 433 00:20:19,408 --> 00:20:21,708 Let's get our new head of compliance up here. 434 00:20:22,626 --> 00:20:25,792 ♪ Hey, Mr. Jim ♪ 435 00:20:25,875 --> 00:20:29,291 ♪ I can see the shape you're in ♪ 436 00:20:29,375 --> 00:20:33,208 ♪ Thinking that you're such a lady killer ♪ 437 00:20:33,291 --> 00:20:36,500 ♪ Think you're so slick ♪ 438 00:20:36,583 --> 00:20:38,041 ♪ Well, all right ♪ 439 00:20:38,125 --> 00:20:39,917 ♪ Ooh, ooh, ooh ♪ 440 00:20:40,000 --> 00:20:43,458 ♪ Ooh, ooh, ooh ♪ 441 00:20:43,542 --> 00:20:47,208 ♪ Ooh, ooh, ooh, ooh, ooh ♪ 442 00:20:47,291 --> 00:20:48,834 The answer man is here. 443 00:20:48,917 --> 00:20:52,333 The charges carry a long potential sentence. 444 00:20:52,417 --> 00:20:53,417 15 to 20 years 445 00:20:53,458 --> 00:20:57,000 and tens of millions in fines, of course. 446 00:20:57,083 --> 00:20:59,542 They're using the locked-up money to distract us 447 00:20:59,625 --> 00:21:02,208 as they meticulously build their case. 448 00:21:02,291 --> 00:21:04,792 They are using the locked money to do three things. 449 00:21:04,875 --> 00:21:06,166 One, to make me take a plea. 450 00:21:06,250 --> 00:21:08,583 Two, to make it hard for my people so they'll quit. 451 00:21:08,667 --> 00:21:11,125 And, three, to spread the word through implication 452 00:21:11,208 --> 00:21:13,854 that this is about more than my actions against Ice Juice, 453 00:21:13,889 --> 00:21:15,667 that we are an illegal enterprise. 454 00:21:15,750 --> 00:21:16,792 Turn on the telestrator, 455 00:21:16,875 --> 00:21:19,875 because you just diagrammed the shit out of this. 456 00:21:22,375 --> 00:21:24,333 How long can they really keep it frozen? 457 00:21:24,417 --> 00:21:25,417 Wrong question. 458 00:21:25,458 --> 00:21:27,718 This is where the holding out comes in. 459 00:21:27,753 --> 00:21:29,458 Don't let anyone know you care. 460 00:21:29,542 --> 00:21:32,834 Mm, we'll find a way to get you liquid again 461 00:21:32,917 --> 00:21:34,333 in four to six months. 462 00:21:34,417 --> 00:21:36,041 Months? Fuck that. 463 00:21:36,125 --> 00:21:38,166 There is one idea that might get it done right away, 464 00:21:38,250 --> 00:21:41,375 but it's one you're going to hate. 465 00:21:43,611 --> 00:21:46,170 Give up your so-called license to trade. 466 00:21:46,205 --> 00:21:48,667 Walk away from the table. Cash in your chips. 467 00:21:48,750 --> 00:21:52,083 They'd be forced to release the bulk of your money. 468 00:21:52,166 --> 00:21:53,526 That is the only angle that I see. 469 00:21:53,550 --> 00:21:56,959 And if it's the only angle that I see, 470 00:21:57,041 --> 00:21:58,667 it's the only angle there is. 471 00:21:58,750 --> 00:22:01,141 You agree to stop trading, you personally, 472 00:22:01,176 --> 00:22:03,166 and they give you back your money. 473 00:22:03,250 --> 00:22:05,625 We would set something up where Axe Cap trades it 474 00:22:05,709 --> 00:22:06,542 without your direction. 475 00:22:06,625 --> 00:22:09,250 It would function like a blind trust, 476 00:22:09,333 --> 00:22:11,083 but the language would be such 477 00:22:11,166 --> 00:22:13,709 and they'd be releasing so much money back to you 478 00:22:13,792 --> 00:22:15,000 that if you violated it... 479 00:22:15,083 --> 00:22:17,291 Oh, that is a bozo no-no. 480 00:22:17,375 --> 00:22:20,750 Do that and you would earn yourself a lifetime ban... 481 00:22:20,834 --> 00:22:22,417 and more. 482 00:22:24,583 --> 00:22:26,542 No. 483 00:22:26,625 --> 00:22:27,655 No fuckin' way. 484 00:22:27,690 --> 00:22:29,020 I'll never do that. 485 00:22:29,055 --> 00:22:31,583 If I give up my ability to trade, I'm agreeing 486 00:22:31,667 --> 00:22:33,707 that they're right and I built all this by cheating. 487 00:22:36,417 --> 00:22:38,917 I might as well give up my license to breathe. 488 00:22:39,000 --> 00:22:40,917 You guys have to work it out yourselves. 489 00:22:41,000 --> 00:22:42,542 Do not put me in the middle of it. 490 00:22:42,625 --> 00:22:43,625 What the fuck is... 491 00:22:45,267 --> 00:22:46,267 [sighs] 492 00:22:46,291 --> 00:22:47,666 What's the problem? 493 00:22:47,701 --> 00:22:49,583 Your lap dog is not cooperating. 494 00:22:49,667 --> 00:22:52,354 Wags, although Lara should have faith, 495 00:22:52,389 --> 00:22:54,509 because I've shown I'm pretty good at making a dollar, 496 00:22:54,533 --> 00:22:56,756 she has a right to choose and make her own decisions, 497 00:22:56,791 --> 00:22:57,834 like I told you. 498 00:22:57,917 --> 00:22:58,837 I thought you were telling me with a wink. 499 00:22:58,900 --> 00:23:00,218 That's why I played back with the "liege" stuff. 500 00:23:00,241 --> 00:23:02,667 - Did I wink at you, ever? - Not an actual wink, but... 501 00:23:02,750 --> 00:23:05,208 Are you planning on giving him your money to manage? 502 00:23:05,291 --> 00:23:07,299 If it ever gets unfrozen, I might. 503 00:23:07,375 --> 00:23:10,208 - Why? - For general health, financial, 504 00:23:10,291 --> 00:23:11,500 and for things between us. 505 00:23:11,583 --> 00:23:13,500 Now that I'm able to take outside money, 506 00:23:13,583 --> 00:23:15,303 I thought I'd start with friends and family. 507 00:23:15,327 --> 00:23:16,750 We're neither. 508 00:23:16,834 --> 00:23:19,241 Listen, Lara, I won't micromanage you. 509 00:23:20,162 --> 00:23:21,667 But if you really plan 510 00:23:21,750 --> 00:23:24,250 on giving billions of dollars to this stock jockey, 511 00:23:24,333 --> 00:23:25,375 ask him this, 512 00:23:25,458 --> 00:23:28,834 how he's codified the behavioral heuristics at his firm 513 00:23:28,917 --> 00:23:31,458 from stock selection to position sizing 514 00:23:31,542 --> 00:23:33,959 to market timing to risk management. 515 00:23:34,041 --> 00:23:34,750 He hasn't, 516 00:23:34,834 --> 00:23:38,041 because his decision-flow process 517 00:23:38,125 --> 00:23:40,083 is Google, Exxon, Proctor & Gamble, 518 00:23:40,166 --> 00:23:42,166 same as any old lady in Kansas City, 519 00:23:42,250 --> 00:23:44,583 except she won't charge you two and twenty for it. 520 00:23:44,667 --> 00:23:45,987 We are all in the same game, Axe, 521 00:23:46,011 --> 00:23:48,750 protecting assets and trying to find that edge. 522 00:23:48,834 --> 00:23:50,875 You have about as much edge as Mister Rogers. 523 00:23:50,959 --> 00:23:51,959 Okay, guys! 524 00:23:52,000 --> 00:23:53,250 [scoffs] 525 00:23:53,333 --> 00:23:55,875 Okay, you go on ahead, sweetheart. 526 00:23:55,959 --> 00:23:58,500 You look into everything you want with Birch, 527 00:23:58,583 --> 00:24:01,333 and I will support whatever you decide. 528 00:24:02,959 --> 00:24:03,959 Thank you, Bobby. 529 00:24:05,455 --> 00:24:06,726 You really want me to let 'em into the books 530 00:24:06,750 --> 00:24:07,667 and see the trades? 531 00:24:07,750 --> 00:24:09,750 Lots of guys watch Bruce Lee movies. 532 00:24:09,834 --> 00:24:11,625 Doesn't mean you can do karate. 533 00:24:15,208 --> 00:24:17,667 Boot up the screen. 534 00:24:20,458 --> 00:24:22,993 I still can't believe he made that move. 535 00:24:23,028 --> 00:24:24,537 It was the smart thing to do. 536 00:24:24,572 --> 00:24:27,458 If I'd known what you were doing, I would have never... 537 00:24:27,542 --> 00:24:28,667 Yes. No. 538 00:24:28,750 --> 00:24:30,792 I mean, if you'd known, if you'd told me, 539 00:24:30,875 --> 00:24:32,000 if I'd known... 540 00:24:32,083 --> 00:24:34,667 It was a moment of peak. I'm gonna stop and tell you? 541 00:24:34,750 --> 00:24:35,625 Wish you had. 542 00:24:35,709 --> 00:24:37,250 You were very convincing. 543 00:24:37,333 --> 00:24:40,041 But, in a way, it all had to play itself out, didn't it? 544 00:24:40,125 --> 00:24:41,875 If I had known what you were gonna do... 545 00:24:41,959 --> 00:24:44,208 - You'd have tried to stop me. - Yes, I would have, 546 00:24:44,291 --> 00:24:45,583 and I might have succeeded. 547 00:24:45,667 --> 00:24:48,375 Well, that would have been better in one way... 548 00:24:48,458 --> 00:24:50,458 but worse in all the others... 549 00:24:50,542 --> 00:24:55,208 because now we are home, and we are a "we" again. 550 00:24:55,291 --> 00:24:56,875 And if I hadn't have done a thing, 551 00:24:56,959 --> 00:24:57,709 who knows how I'd have felt, 552 00:24:57,792 --> 00:24:59,909 what resentments might have festered? 553 00:24:59,944 --> 00:25:02,917 But you did and I did, and there is nothing festering. 554 00:25:04,911 --> 00:25:07,458 Except for the thing I'm off to deal with now. 555 00:25:07,542 --> 00:25:08,824 Yeah. 556 00:25:08,859 --> 00:25:09,859 Except that. 557 00:25:14,667 --> 00:25:16,500 Thank you. 558 00:25:18,166 --> 00:25:20,917 Your wife, she still down in D.C.? 559 00:25:21,000 --> 00:25:22,417 Yes, outside. 560 00:25:22,500 --> 00:25:23,667 You must miss her. 561 00:25:23,750 --> 00:25:26,079 We talk every day, and the train ride is only... 562 00:25:26,175 --> 00:25:31,041 Sure it is. But the problem is that the free flow of information, 563 00:25:31,125 --> 00:25:35,083 the casual details of the day, can get lost. 564 00:25:35,166 --> 00:25:36,486 You know, for a time, even though 565 00:25:36,510 --> 00:25:39,750 we did reside in the same house, my wife and I lived that way. 566 00:25:39,834 --> 00:25:42,583 You're telling me that you and your wife have no secrets? 567 00:25:42,667 --> 00:25:44,817 Oh [chuckles] I'm certain some are still lurking. 568 00:25:44,852 --> 00:25:47,750 We all mask certain emotions, 569 00:25:47,834 --> 00:25:50,125 often our most intense ones, 570 00:25:50,208 --> 00:25:51,750 like Bjorn Borg did. 571 00:25:51,785 --> 00:25:53,172 But like Borg, 572 00:25:53,207 --> 00:25:55,431 eventually, it'll end up costing you everything, 573 00:25:55,517 --> 00:25:58,625 so we're digging in, right? 574 00:25:58,709 --> 00:26:00,221 - Digging in. - Ah. 575 00:26:00,256 --> 00:26:02,792 She told you about her short on Ice Juice. 576 00:26:02,875 --> 00:26:04,458 That's the kind of bond we have. 577 00:26:04,542 --> 00:26:05,792 So you are here to tell me 578 00:26:05,875 --> 00:26:07,792 she will turn state's evidence 579 00:26:07,875 --> 00:26:09,667 to avoid being the subject of prosecution? 580 00:26:09,750 --> 00:26:12,875 She is a co-conspirator in Axe's scheme. 581 00:26:12,959 --> 00:26:14,083 No, sir. 582 00:26:14,166 --> 00:26:17,583 She's safe due to the terms of the deal you and I struck. 583 00:26:17,667 --> 00:26:20,166 That was about your father. 584 00:26:20,250 --> 00:26:23,041 I said me and my family. 585 00:26:23,125 --> 00:26:24,709 And you assented. 586 00:26:24,792 --> 00:26:28,583 And now you will say this is unduly burdensome, 587 00:26:28,667 --> 00:26:31,375 which will force me to say that it is less so 588 00:26:31,458 --> 00:26:33,378 than remaining a glorified Internal Affairs grunt 589 00:26:33,402 --> 00:26:39,000 working out a dank office on the fringes of our capital city. 590 00:26:39,083 --> 00:26:40,000 And, as you saw, 591 00:26:40,083 --> 00:26:42,434 Jock Jeffcoat is taking my counsel these days 592 00:26:42,469 --> 00:26:45,041 on who should be in and who should be out. 593 00:26:45,125 --> 00:26:47,250 There's only so much compromise 594 00:26:47,333 --> 00:26:49,166 of my own system of morality 595 00:26:49,250 --> 00:26:51,291 that I can swallow. 596 00:26:51,375 --> 00:26:55,500 I happen to know you're a Calvinist. 597 00:26:55,583 --> 00:26:59,271 You believe we're all fallen beyond any hope for redemption. 598 00:26:59,375 --> 00:27:02,500 So answer me this. 599 00:27:02,583 --> 00:27:06,417 What's one more demerit for a friend allied with you 600 00:27:06,500 --> 00:27:08,250 against a common foe? 601 00:27:08,333 --> 00:27:12,083 Ecumenically, that's not exactly right, and it's borderline offensive. 602 00:27:12,166 --> 00:27:14,083 But, also, it's... 603 00:27:14,166 --> 00:27:17,375 pretty much true. 604 00:27:17,458 --> 00:27:23,500 Okay. I'll do all I can to keep your wife out of it, 605 00:27:23,583 --> 00:27:25,125 but now you owe me. 606 00:27:25,208 --> 00:27:26,375 Name it. 607 00:27:27,353 --> 00:27:28,375 I'll hold it in reserve. 608 00:27:29,204 --> 00:27:31,542 A favor to be named later. 609 00:27:32,993 --> 00:27:35,208 Look at you, huh? 610 00:27:35,291 --> 00:27:37,959 Muckin' in. 611 00:27:38,041 --> 00:27:39,458 Done. 612 00:27:39,542 --> 00:27:41,542 This is all on background, no attribution. 613 00:27:41,625 --> 00:27:43,750 [Randy] Yep, until you want to go on record. 614 00:27:43,834 --> 00:27:46,593 Good. You know, if they were gonna charge the firm, 615 00:27:46,628 --> 00:27:47,500 they would have. 616 00:27:47,583 --> 00:27:49,875 Well, isn't their argument that this one instance 617 00:27:49,959 --> 00:27:52,625 could be the tip of the iceberg, that they need to go 618 00:27:52,709 --> 00:27:55,417 through all the old trades to see if there's a pattern? 619 00:27:55,500 --> 00:27:58,417 But that could take months. It's harassment, Randy. 620 00:27:58,500 --> 00:28:00,980 They've already spent years going through all those old trades, 621 00:28:01,004 --> 00:28:03,104 trying to make a case, and they've failed. 622 00:28:03,200 --> 00:28:05,824 Now they've come up with this story about me and sabotage, 623 00:28:05,909 --> 00:28:07,459 which you will see is false. 624 00:28:07,491 --> 00:28:09,959 Look, I shorted that company 625 00:28:10,041 --> 00:28:12,583 'cause I saw a faulty process and bad financials, 626 00:28:12,667 --> 00:28:15,458 and I'm being penalized because the markets agreed with me. 627 00:28:15,542 --> 00:28:16,542 I was set up. 628 00:28:16,583 --> 00:28:18,792 Now, soon you'll have all these details, 629 00:28:18,875 --> 00:28:20,818 but what they are doing right now 630 00:28:20,853 --> 00:28:23,625 is they're trying to ruin not only my reputation 631 00:28:23,709 --> 00:28:26,250 but that of everyone who works at Axe Capital, 632 00:28:26,333 --> 00:28:29,792 and that is the story you should be digging into. 633 00:28:30,665 --> 00:28:31,695 Hi. 634 00:28:32,182 --> 00:28:33,258 Want dinner? 635 00:28:33,922 --> 00:28:35,375 Do we need to do that? 636 00:28:42,166 --> 00:28:43,542 Hey. 637 00:28:43,625 --> 00:28:46,166 On Axelrod, I could use to see the transaction records 638 00:28:46,250 --> 00:28:48,250 of all the people who bought or sold stock 639 00:28:48,333 --> 00:28:50,522 in the Ice Juice IPO, the victims in this thing. 640 00:28:50,557 --> 00:28:52,747 You mean besides the people who were poisoned? 641 00:28:52,782 --> 00:28:55,375 Yeah, they were about the only ones who got paid. 642 00:28:55,458 --> 00:28:57,698 S.E.C. said you were holding the records for some reason. 643 00:28:57,722 --> 00:29:00,560 I've got forensic financial analysts combing through all that now. 644 00:29:00,642 --> 00:29:04,375 I didn't want you to, uh, bog down in those details. 645 00:29:04,458 --> 00:29:07,115 I like knowing the minutiae in my cases. 646 00:29:07,150 --> 00:29:09,750 Good, as I would expect you to. 647 00:29:09,834 --> 00:29:11,154 I'll get the results to you ASAP. 648 00:29:11,178 --> 00:29:12,828 - Great. - Okay. 649 00:29:13,964 --> 00:29:15,204 You know, I was just wondering, 650 00:29:15,228 --> 00:29:17,667 who'd you get the initial tip from that started all this? 651 00:29:17,750 --> 00:29:19,273 I should interview him or her. 652 00:29:19,936 --> 00:29:22,625 I understand why you're asking, 653 00:29:22,709 --> 00:29:25,000 but my tipster is not exactly. 654 00:29:25,083 --> 00:29:27,667 Blue Horseshoe loves Anacott Steel. 655 00:29:27,750 --> 00:29:28,667 Just a foot soldier. 656 00:29:28,750 --> 00:29:30,792 It was enough info to get the FBI going 657 00:29:30,875 --> 00:29:32,001 but not a firsthand witness. 658 00:29:32,025 --> 00:29:35,667 If there were material value, I would share the name. 659 00:29:35,750 --> 00:29:37,750 Of course. I know you would. 660 00:29:39,500 --> 00:29:43,083 I am glad that I asked Chuck to send you to me. 661 00:29:43,166 --> 00:29:44,792 I need your expertise. 662 00:29:44,875 --> 00:29:46,834 Glad to be here, boss. 663 00:29:46,917 --> 00:29:49,667 Ugh. Don't call me "boss." We're peers. 664 00:29:49,750 --> 00:29:52,311 In a hierarchy, yes, but colleagues. 665 00:29:52,346 --> 00:29:54,250 Call me "Oliver." 666 00:29:54,333 --> 00:29:55,722 You got it. 667 00:29:58,865 --> 00:30:01,375 Never trust an officer who doesn't ask you to salute. 668 00:30:01,458 --> 00:30:03,343 It means that what he does demand of you 669 00:30:03,378 --> 00:30:05,834 - is gonna be a lot worse. - Dake. 670 00:30:05,917 --> 00:30:07,000 All of it. 671 00:30:07,083 --> 00:30:09,750 You know, you're in law school now. 672 00:30:09,834 --> 00:30:11,875 How does this fact pattern smell to you? 673 00:30:11,959 --> 00:30:13,959 I get transferred to prosecute Axelrod, 674 00:30:14,041 --> 00:30:15,875 but then he puts a blindfold on me. 675 00:30:15,959 --> 00:30:18,526 I can't access certain documents or know who the tipster is? 676 00:30:18,650 --> 00:30:22,458 Well, there's nothing to be done about it now, so... 677 00:30:22,542 --> 00:30:24,583 drinks? 678 00:30:27,458 --> 00:30:31,333 [sighs] 679 00:30:37,532 --> 00:30:38,959 Again? 680 00:30:39,041 --> 00:30:40,542 Hmm. 681 00:30:40,625 --> 00:30:42,458 Have you tried blinking rapidly 100 times? 682 00:30:42,542 --> 00:30:44,333 Yeah, I've tried it all. 683 00:30:44,417 --> 00:30:46,041 [sighs] 684 00:30:52,500 --> 00:30:54,667 We shouldn't have stopped seeing her. 685 00:30:54,750 --> 00:30:57,875 When you leave things unresolved, this is what happens. 686 00:30:57,959 --> 00:31:02,417 Mm. Maybe you're right. 687 00:31:02,500 --> 00:31:05,417 Let's make an appointment. 688 00:31:16,583 --> 00:31:18,542 I'm taking a walk. 689 00:31:18,625 --> 00:31:21,458 ♪ I walked the town at night ♪ 690 00:31:21,542 --> 00:31:23,667 ♪ Like a spade ♪ 691 00:31:23,750 --> 00:31:26,310 - [Chuck] Chocolate egg cream, please. - [Woman] Coming right up. 692 00:31:26,334 --> 00:31:30,542 ♪ I walked the night ♪ 693 00:31:30,625 --> 00:31:33,542 I thought I'd find you here. 694 00:31:33,625 --> 00:31:35,208 What do you want? 695 00:31:35,291 --> 00:31:39,333 I became single-minded to the point of myopia. 696 00:31:39,417 --> 00:31:42,959 I know that I have transgressed materially 697 00:31:43,041 --> 00:31:45,625 but, more importantly, in terms of loyalty. 698 00:31:45,709 --> 00:31:48,709 I will devote myself to the long and arduous process 699 00:31:48,792 --> 00:31:50,583 of making up for the latter. 700 00:31:50,667 --> 00:31:54,083 As to the former, I have an offer for you. 701 00:31:56,041 --> 00:31:59,834 I have lined up a seat for you on the Theakston-Manley asbestos trust, 702 00:31:59,917 --> 00:32:01,375 rubber-stamping claims. 703 00:32:01,458 --> 00:32:02,792 One meeting per quarter. 704 00:32:02,875 --> 00:32:05,834 Your fee, 350K a year. 705 00:32:05,917 --> 00:32:08,286 Now, that'll lead to more similar seats 706 00:32:08,321 --> 00:32:09,917 once you impress people. 707 00:32:10,000 --> 00:32:11,834 You put together three of these babies, 708 00:32:11,917 --> 00:32:13,333 that's a nice little sinecure. 709 00:32:13,417 --> 00:32:15,667 Well, I was on my way to being a zillionaire, 710 00:32:15,750 --> 00:32:17,166 and you're giving me a sinecure. 711 00:32:19,709 --> 00:32:23,208 I understand the rancor, Ira. I don't begrudge you it. 712 00:32:23,291 --> 00:32:26,959 And I hesitate to bring up what I know you already know, 713 00:32:27,041 --> 00:32:29,667 but I want to hear it from you now that the smoke has cleared 714 00:32:29,750 --> 00:32:32,772 that you will not say a word about my role in the IPO. 715 00:32:32,807 --> 00:32:36,500 You know that it's in your best interest as well as mine, 716 00:32:36,583 --> 00:32:39,834 because that's how you'll get paid off in your civil case. 717 00:32:39,917 --> 00:32:42,709 Well, I've been punting my interview with Eastern 718 00:32:42,792 --> 00:32:44,917 as long as I can. It'll go on the books soon. 719 00:32:46,277 --> 00:32:48,417 But, no, Chuck, I won't say a word. 720 00:32:54,583 --> 00:32:57,875 [chuckles] 721 00:32:59,269 --> 00:33:03,125 Funny thing, the egg cream, hmm? 722 00:33:03,208 --> 00:33:05,375 No egg in it, no cream, either. 723 00:33:05,458 --> 00:33:07,667 Just chocolate syrup, 724 00:33:07,750 --> 00:33:10,291 a splash of milk, seltzer. 725 00:33:11,153 --> 00:33:14,041 I guess the French had a drink called chocolat et crème. 726 00:33:14,125 --> 00:33:16,750 The American corruption for that became "egg cream." 727 00:33:16,834 --> 00:33:17,834 [chuckles] 728 00:33:18,495 --> 00:33:20,583 Wonderful arcana. That's... 729 00:33:21,425 --> 00:33:22,708 That's so Chuck of you. 730 00:33:22,743 --> 00:33:24,834 God, I used to love that shit. 731 00:33:24,917 --> 00:33:27,291 Go home and write it in my journal. 732 00:33:28,461 --> 00:33:33,375 Now that the smoke has cleared, you need to hear something. 733 00:33:33,458 --> 00:33:34,792 I've realized... 734 00:33:34,875 --> 00:33:37,875 that you need all this, 735 00:33:39,395 --> 00:33:41,959 to put people in impossible positions, 736 00:33:42,041 --> 00:33:44,250 to dominate with your will, 737 00:33:44,285 --> 00:33:46,417 to torture. 738 00:33:46,500 --> 00:33:47,667 I never think in those terms. 739 00:33:47,750 --> 00:33:49,875 Well, you've forced me to. 740 00:33:49,959 --> 00:33:51,375 Let's talk it out. 741 00:33:51,458 --> 00:33:53,375 No, this is it. 742 00:33:53,458 --> 00:33:58,750 I'll never talk to you again once this conversation's over, 743 00:33:58,834 --> 00:34:02,166 which it is. 744 00:34:09,458 --> 00:34:11,333 [sighs] 745 00:34:15,625 --> 00:34:20,834 [slurping] 746 00:34:38,108 --> 00:34:39,333 You coming in, nagusi? 747 00:34:39,417 --> 00:34:41,875 Nope. Case. All day. 748 00:34:41,959 --> 00:34:44,250 Something hot for Axe. An iron condor with four... 749 00:34:44,333 --> 00:34:46,333 - Please. Go back to B school. - Anything good yet? 750 00:34:46,357 --> 00:34:48,583 [Ben] How about a strangle where we arb the vega on... 751 00:34:48,667 --> 00:34:50,125 You go back to fucking yourself. 752 00:34:50,208 --> 00:34:51,959 I just need two minutes with Taylor. 753 00:34:52,041 --> 00:34:53,375 Everyone does. You have to wait. 754 00:34:53,458 --> 00:34:55,618 - Hey, Wags, listen... - Don't want to fucking hear it. 755 00:34:55,642 --> 00:34:56,959 Nope. As soon as. 756 00:34:57,041 --> 00:34:59,959 Yeah, well, be all over Taylor till they figure it out. 757 00:35:00,041 --> 00:35:02,875 - If I flame this dinner... - No chance, sahabi. 758 00:35:02,959 --> 00:35:04,500 Never let it happen. 759 00:35:04,583 --> 00:35:06,917 Orrin, time for you to go see your protégé. 760 00:35:07,000 --> 00:35:08,667 You want me to propose the deal? 761 00:35:08,750 --> 00:35:11,333 I want you to remind him what happens to guys like him 762 00:35:11,417 --> 00:35:13,017 when they take this big a swing and miss. 763 00:35:13,041 --> 00:35:16,144 I want you to remind him that the political winds have shifted. 764 00:35:16,217 --> 00:35:18,844 It's better if I show up with something to offer. 765 00:35:18,879 --> 00:35:22,625 Then bring him a glass of fuckin' milk, but go do it. 766 00:35:22,709 --> 00:35:25,583 [Pounding] 767 00:35:30,166 --> 00:35:31,875 Field trip. Come on. 768 00:35:31,959 --> 00:35:33,208 Where? 769 00:35:33,291 --> 00:35:35,709 Somewhere we can talk without everyone coming at us. 770 00:35:35,792 --> 00:35:37,417 I know a place. 771 00:35:47,125 --> 00:35:48,875 Ever seen Eastern Promises? 772 00:35:48,959 --> 00:35:52,542 No. Have you ever been to one of these idea dinners? 773 00:35:52,625 --> 00:35:55,000 No seconds in attendance. 774 00:35:59,125 --> 00:36:01,542 Ugh. 775 00:36:04,697 --> 00:36:06,625 Where are we on an idea? 776 00:36:06,709 --> 00:36:09,792 Haven't fully cracked the big one yet. 777 00:36:09,875 --> 00:36:11,417 Trying. 778 00:36:11,500 --> 00:36:12,542 Are you? 779 00:36:12,625 --> 00:36:13,625 Trying? 780 00:36:16,301 --> 00:36:18,417 Ask the real question. 781 00:36:18,500 --> 00:36:21,458 Are you shopping offers on the street? 782 00:36:24,000 --> 00:36:25,500 Just to get it out of the way, 783 00:36:25,583 --> 00:36:28,324 let me apologize for anything that might have offended 784 00:36:28,434 --> 00:36:30,417 at the poker tournament. Now that I'm at Treasury, 785 00:36:30,500 --> 00:36:33,959 I need to find someone to steward my firm. 786 00:36:34,041 --> 00:36:37,041 I'm already stewarding a firm, a bigger one. 787 00:36:37,125 --> 00:36:40,942 - Not that size matters. - Right. 788 00:36:41,977 --> 00:36:45,917 Whatever Axe's flaws, one thing he knows is people, 789 00:36:46,000 --> 00:36:48,417 and if he believes you can do it well, 790 00:36:48,500 --> 00:36:49,667 I believe you can. 791 00:36:49,750 --> 00:36:51,834 And I'd actually be hands off. 792 00:36:51,917 --> 00:36:53,959 Let you operate as you saw fit. 793 00:36:54,041 --> 00:36:55,583 That's my situation now. 794 00:36:55,667 --> 00:36:58,500 Is it? 795 00:37:02,709 --> 00:37:04,208 I said no. 796 00:37:04,291 --> 00:37:05,709 With finality 797 00:37:05,792 --> 00:37:08,041 or as a negotiating ploy? 798 00:37:08,125 --> 00:37:10,917 Look, I know it's Axe's faith that confers value on me 799 00:37:11,000 --> 00:37:12,750 until I have a track record of my own, 800 00:37:12,834 --> 00:37:15,291 until others actually see what I can do. 801 00:37:15,375 --> 00:37:16,792 So I am loyal to him. 802 00:37:16,875 --> 00:37:19,709 Until and unless it becomes necessary, I will not leave. 803 00:37:20,748 --> 00:37:21,748 All right. 804 00:37:21,772 --> 00:37:23,458 You can take the heat. I believe you. 805 00:37:30,458 --> 00:37:32,792 Such disrespect. 806 00:37:32,875 --> 00:37:35,500 Look at you, sitting here with your tits out. 807 00:37:38,333 --> 00:37:41,166 You got a problem with my tits? 808 00:37:42,759 --> 00:37:45,625 Or maybe they're turning you on 809 00:37:45,709 --> 00:37:47,625 and that's the problem. 810 00:37:51,291 --> 00:37:53,875 You know, I could have done that for myself. 811 00:37:53,959 --> 00:37:56,208 I know. I wanted the release. 812 00:37:56,291 --> 00:37:59,625 It was even better than a hand job. 813 00:38:01,013 --> 00:38:03,208 You chose to meet here in the anteroom 814 00:38:03,291 --> 00:38:05,000 instead of the dining room. 815 00:38:05,083 --> 00:38:07,500 I seem to have lost my appetite lately. 816 00:38:07,583 --> 00:38:10,583 - Hmm. - And, no, it's not my health. 817 00:38:10,667 --> 00:38:11,667 Full workup. 818 00:38:11,750 --> 00:38:14,709 Radiology fine, bloodwork perfect. 819 00:38:14,792 --> 00:38:15,792 Heart, too. 820 00:38:15,875 --> 00:38:18,041 Still, nothing wants to stay down. 821 00:38:18,125 --> 00:38:20,583 So, what's got your duodenum inside out? 822 00:38:20,667 --> 00:38:21,667 Want a hint? 823 00:38:21,750 --> 00:38:23,283 His name is the same as mine. 824 00:38:23,391 --> 00:38:27,291 Oh, that boy is a feisty one, there's no denying that. 825 00:38:27,375 --> 00:38:31,417 What he is is unfit for office, unfit to run, even. 826 00:38:31,500 --> 00:38:34,125 I came here to tell you that I am sorry 827 00:38:34,208 --> 00:38:36,583 I asked you to put him forward. 828 00:38:36,667 --> 00:38:37,875 It was a mistake. 829 00:38:37,959 --> 00:38:41,583 And I will throw my full weight behind whomever it is 830 00:38:41,667 --> 00:38:42,500 that you say I should. 831 00:38:42,583 --> 00:38:46,208 - Well, that's disheartening. - It is. 832 00:38:46,291 --> 00:38:48,667 I hate delivering the message, but I owe it to you. 833 00:38:48,750 --> 00:38:49,959 The candidate's too volatile. 834 00:38:50,041 --> 00:38:51,166 He's unpredictable, 835 00:38:51,250 --> 00:38:53,667 a liability to all of us. 836 00:38:53,750 --> 00:38:54,917 Oh, Charles. 837 00:38:55,000 --> 00:38:57,834 For a father to speak that way of his own son. 838 00:38:57,917 --> 00:38:59,397 I myself will pass up supper tonight. 839 00:38:59,421 --> 00:39:02,625 That's how disappointing I find this. 840 00:39:02,709 --> 00:39:04,417 So you understand? 841 00:39:04,500 --> 00:39:08,125 Not in the way you hope I might. 842 00:39:08,208 --> 00:39:11,417 I have had this in my possession, 843 00:39:11,500 --> 00:39:14,083 hoping not to be forced to use it. 844 00:39:14,166 --> 00:39:17,291 But I cannot stand by 845 00:39:17,375 --> 00:39:20,083 and watch you run that young man down. 846 00:39:20,166 --> 00:39:22,208 You used his money, Charles, 847 00:39:22,291 --> 00:39:24,542 without his consent, I might add, 848 00:39:24,625 --> 00:39:26,709 to invest in something so risky 849 00:39:26,792 --> 00:39:29,357 as to almost be the ruin of both of you. 850 00:39:29,392 --> 00:39:33,041 Now, I believe Chuck will not only survive it 851 00:39:33,125 --> 00:39:36,083 but that the ruthlessness he has shown these past few months 852 00:39:36,166 --> 00:39:39,291 will serve him well on our shared mission, 853 00:39:39,375 --> 00:39:42,709 making him governor of this great state. 854 00:39:42,792 --> 00:39:45,166 I'd like you to embrace it. 855 00:39:45,250 --> 00:39:47,959 But you at least have to accept it. 856 00:39:48,041 --> 00:39:49,959 Hmm. 857 00:39:50,041 --> 00:39:53,792 I accept nothing when it comes to that boy. 858 00:39:54,795 --> 00:39:56,346 We'll see. 859 00:40:04,571 --> 00:40:06,164 Hello, Dad. 860 00:40:08,728 --> 00:40:11,750 [Jack] Ah, let's all get our appetites back, hmm? 861 00:40:11,834 --> 00:40:14,500 Together. What do you say, Charles? 862 00:40:15,612 --> 00:40:18,291 This is a bridge too far, Black Jack. 863 00:40:18,375 --> 00:40:20,125 This is a bridge 864 00:40:20,208 --> 00:40:22,667 too fucking far. 865 00:40:26,083 --> 00:40:27,917 [scoffs] 866 00:40:29,086 --> 00:40:31,375 Ah, he'll come 'round. 867 00:40:31,458 --> 00:40:35,417 I've seen this play a thousand times. 868 00:40:36,638 --> 00:40:38,542 By the time the curtain comes down, 869 00:40:38,625 --> 00:40:42,000 he'll take your hand, and you'll share the bow. 870 00:40:43,318 --> 00:40:44,318 I don't know. 871 00:40:44,342 --> 00:40:49,000 Well, what's meant to happen always does. 872 00:40:49,083 --> 00:40:51,000 Let's eat. I'm fuckin' famished. 873 00:40:51,083 --> 00:40:54,000 [balls clacking] 874 00:41:06,041 --> 00:41:09,834 [grunts] 875 00:41:09,917 --> 00:41:12,834 [speaks indistinctly] 876 00:41:17,588 --> 00:41:20,542 That's some serious fucking topspin. 877 00:41:20,625 --> 00:41:21,542 You putting sneakers on for a match, 878 00:41:21,625 --> 00:41:25,208 or you come up here with a specific proposal? 879 00:41:25,812 --> 00:41:27,488 Axe'll wait you out, 880 00:41:27,523 --> 00:41:30,959 no matter how long you manage to keep the money frozen. 881 00:41:31,041 --> 00:41:32,709 He won't make a deal. 882 00:41:32,792 --> 00:41:34,333 We'll find out, huh? 883 00:41:34,417 --> 00:41:36,792 What's it going to be, Bryan? 884 00:41:36,875 --> 00:41:37,959 Pistols at dawn? 885 00:41:38,041 --> 00:41:40,083 Fists? 886 00:41:40,166 --> 00:41:42,625 You insist on picking through every transaction, 887 00:41:42,709 --> 00:41:44,542 he'll embarrass you. 888 00:41:44,625 --> 00:41:45,709 Embarrassment is free. 889 00:41:45,792 --> 00:41:47,577 We'll cost your client a fortune 890 00:41:47,612 --> 00:41:49,917 keeping his money out of play for half a year, 891 00:41:50,000 --> 00:41:51,208 maybe his whole fortune. 892 00:41:51,291 --> 00:41:53,125 You can't even count that high. 893 00:41:53,208 --> 00:41:54,375 It doesn't matter. 894 00:41:54,458 --> 00:41:56,583 The case has no support in D.C. 895 00:41:56,667 --> 00:41:59,083 It used to, but all that's changed. 896 00:41:59,166 --> 00:42:01,458 This is exactly the type of matter 897 00:42:01,542 --> 00:42:04,041 the A.G. is walking away from these days. 898 00:42:05,187 --> 00:42:06,208 No. No. 899 00:42:06,291 --> 00:42:08,083 He's walking away from insider trading, 900 00:42:08,166 --> 00:42:09,875 funny accounting, all sorts of shit, 901 00:42:09,959 --> 00:42:10,834 but the reason he can 902 00:42:10,917 --> 00:42:13,027 is because a case like this gives him cover. 903 00:42:13,062 --> 00:42:17,417 People care about it on a visceral level because it's about sabotage, 904 00:42:17,500 --> 00:42:20,542 breaking the public trust, hurting the average guy twice, 905 00:42:20,625 --> 00:42:21,959 once with the tainted juice, 906 00:42:22,041 --> 00:42:24,000 and a second time with the stock pricing. 907 00:42:24,083 --> 00:42:27,083 How's that for serious fucking topspin? 908 00:42:27,166 --> 00:42:31,375 You want us to ease off, you have to give something in return. 909 00:42:31,458 --> 00:42:34,667 I understand your position, 910 00:42:34,750 --> 00:42:39,166 and at this time, I don't have anything to offer. 911 00:42:40,461 --> 00:42:46,458 Then maybe wait until you do before wasting my fucking time. 912 00:42:49,166 --> 00:42:50,583 [knock on door] 913 00:42:50,667 --> 00:42:52,959 Bach almost offered up Axe's ability to trade. 914 00:42:53,041 --> 00:42:54,291 I felt it. 915 00:42:54,375 --> 00:42:58,208 Either he wasn't authorized, or he sensed weakness. 916 00:42:58,291 --> 00:42:59,959 Did you show weakness? 917 00:43:00,041 --> 00:43:01,333 I did not. 918 00:43:01,417 --> 00:43:04,041 You have some scouting report on me saying that I did? 919 00:43:04,125 --> 00:43:05,220 It was just a question. 920 00:43:05,255 --> 00:43:07,417 A better question is 921 00:43:07,500 --> 00:43:09,212 which is Axelrod going to bet on, 922 00:43:09,247 --> 00:43:11,500 his present or his future? 923 00:43:11,583 --> 00:43:13,526 A man who believes he'll win at trial 924 00:43:13,608 --> 00:43:15,291 sits calmly on the sidelines for six months 925 00:43:15,375 --> 00:43:17,031 until his money is unfrozen, 926 00:43:17,050 --> 00:43:20,166 and then he prevails in court, goes on with his life. 927 00:43:20,250 --> 00:43:23,000 But a man who thinks he's going to lose that trial? 928 00:43:23,083 --> 00:43:26,625 Well, he's desperate to get his money back in the game as soon as possible 929 00:43:26,709 --> 00:43:29,458 because he sees it all going away. 930 00:43:29,542 --> 00:43:31,667 Him giving up trading 931 00:43:31,750 --> 00:43:34,250 would necessitate a reinvention of who he is. 932 00:43:34,333 --> 00:43:38,083 I've seen him walk away from the table on an impulse 933 00:43:38,166 --> 00:43:41,667 when we were certain that only a deal would keep him out of prison. 934 00:43:41,750 --> 00:43:44,000 No one gets where he got by acting only on impulse. 935 00:43:44,083 --> 00:43:47,792 When it comes to billionaires and Bobby Axelrod in particular, 936 00:43:47,875 --> 00:43:50,250 the thing you got to understand is... 937 00:43:50,333 --> 00:43:51,542 they're meat-eaters. 938 00:43:51,625 --> 00:43:55,583 The only win they can live with is total, present and future. 939 00:43:55,667 --> 00:43:58,150 If he gave up trading and got his money back, 940 00:43:58,185 --> 00:44:03,208 it'd be because he believed he was gonna kick our asses at trial. 941 00:44:03,291 --> 00:44:06,667 He expects to get all of it, everything. 942 00:44:06,750 --> 00:44:08,291 That's who he is. 943 00:44:08,375 --> 00:44:11,011 But still, we keep the pressure on. 944 00:44:11,046 --> 00:44:14,834 See if he makes a mistake now that it's all on the line. 945 00:44:14,917 --> 00:44:16,542 And then, no matter what he does, 946 00:44:16,625 --> 00:44:21,625 we have to position ourselves to claim victory. 947 00:44:30,291 --> 00:44:31,875 Here, boy. [Clicks tongue] 948 00:44:35,208 --> 00:44:37,000 Okay, break it down for me. 949 00:44:37,083 --> 00:44:39,875 We are the Czechoslovakian gymnastics team in the '70s. 950 00:44:39,959 --> 00:44:42,083 A lot of pride for what this country was, 951 00:44:42,166 --> 00:44:44,526 but if something doesn't change soon, defections are coming. 952 00:44:46,262 --> 00:44:47,667 How'd Taylor do? 953 00:44:47,750 --> 00:44:49,083 Fine. 954 00:44:49,166 --> 00:44:53,226 - I'm not asking you to rat. - I mean, you are. 955 00:44:53,261 --> 00:44:55,221 Well, I won't tell anyone it came from you, but... 956 00:44:55,245 --> 00:44:57,412 It was a shit show. 957 00:44:58,226 --> 00:44:59,226 [beep] 958 00:44:59,250 --> 00:45:00,792 Yeah. Get me Taylor, Wags, and Wendy. 959 00:45:04,166 --> 00:45:06,875 Why the fuck did you lead the first morning meeting back 960 00:45:06,959 --> 00:45:09,064 without Wendy there to handle the troops? 961 00:45:09,099 --> 00:45:11,499 - Taylor handled it, as well... - I'm talking to both of you, 962 00:45:11,523 --> 00:45:14,125 and from what "Dollar Bill" tells me, it was a shit show. 963 00:45:14,208 --> 00:45:16,458 - Hey, you ratted. - I pay for the information. 964 00:45:16,542 --> 00:45:18,291 It's mine to use. That's how it goes. 965 00:45:21,206 --> 00:45:23,917 Wendy wasn't here. She was with you, I gather. 966 00:45:24,000 --> 00:45:25,930 We needed ideas. We needed to come together... 967 00:45:25,965 --> 00:45:27,834 So you made a bad thing worse by jumping in 968 00:45:27,917 --> 00:45:29,709 - before you had a plan, and... - No, Axe. 969 00:45:29,792 --> 00:45:31,318 It wouldn't have mattered who was in the room 970 00:45:31,342 --> 00:45:32,502 with the PMs and the traders. 971 00:45:32,529 --> 00:45:33,298 It was always gonna be a shit show 972 00:45:33,392 --> 00:45:35,072 if the message wasn't "We're liquid again." 973 00:45:35,096 --> 00:45:37,250 - Hallelujah. - Don't be an ass. 974 00:45:37,333 --> 00:45:38,500 You're right. 975 00:45:38,583 --> 00:45:40,667 I meant Axe, but you, too, Bill. 976 00:45:40,750 --> 00:45:42,230 Will you leave us alone for a minute? 977 00:45:47,096 --> 00:45:48,959 Whoever you're trying to destroy, stop. 978 00:45:49,041 --> 00:45:51,709 You need to focus on fighting for your freedom. 979 00:45:51,792 --> 00:45:54,709 You know what you're suggesting I do. 980 00:45:54,792 --> 00:45:57,208 The one thing you can do right now. 981 00:45:57,291 --> 00:46:00,702 You taught me an average trader makes a trade and feels good. 982 00:46:00,737 --> 00:46:02,577 A great trader makes a trade and feels nothing, 983 00:46:02,601 --> 00:46:04,750 as in be cold and act. 984 00:46:04,834 --> 00:46:06,316 Don't get hung up on emotion. 985 00:46:06,351 --> 00:46:08,500 Give up trading till the case is over. 986 00:46:10,399 --> 00:46:12,125 You get it back if you win. 987 00:46:12,208 --> 00:46:14,583 If you lose, you've got bigger problems. 988 00:46:14,667 --> 00:46:17,000 Let them trade for you, then feed the press a line 989 00:46:17,083 --> 00:46:19,333 about how it proves the government has no case. 990 00:46:19,417 --> 00:46:23,709 Unless you're worried about something harder to admit, 991 00:46:23,792 --> 00:46:27,583 that Taylor will be the public face of Axe Cap and not you. 992 00:46:27,667 --> 00:46:28,667 It's Theseus's Ship. 993 00:46:28,709 --> 00:46:31,125 Once you change out the sails and all the planks 994 00:46:31,208 --> 00:46:33,542 that make up the hull, whose ship is it? 995 00:46:33,625 --> 00:46:35,500 Yeah. You got it. 996 00:46:35,583 --> 00:46:38,208 As long as it's your money, 997 00:46:38,291 --> 00:46:40,422 it is still Axe Capital, 998 00:46:40,457 --> 00:46:42,875 no matter who's making the day-to-day decisions. 999 00:46:42,959 --> 00:46:44,667 Are you sure? 1000 00:46:46,052 --> 00:46:49,291 It's not me that has to be sure. 1001 00:46:59,166 --> 00:47:01,792 [cellphone vibrates] 1002 00:47:01,875 --> 00:47:03,709 - Yes? - [Dake] I'm holding in my hand 1003 00:47:03,792 --> 00:47:06,333 Robert Axelrod's signature relinquishing his ability 1004 00:47:06,417 --> 00:47:07,709 to trade securities. 1005 00:47:07,792 --> 00:47:10,750 He gave it up. 1006 00:47:10,834 --> 00:47:12,792 Well... 1007 00:47:12,875 --> 00:47:16,667 ol' Samson got a real buzz cut. 1008 00:47:16,750 --> 00:47:18,875 Uh, we need to get our version out right away. 1009 00:47:18,959 --> 00:47:20,583 I've already taken steps. 1010 00:47:20,667 --> 00:47:22,583 A.G. on the phone. 1011 00:47:22,667 --> 00:47:24,834 Got to go, Ollie. 1012 00:47:27,917 --> 00:47:28,917 Rhoades. 1013 00:47:28,959 --> 00:47:31,318 Is this really the attorney of the United States 1014 00:47:31,353 --> 00:47:32,709 for the southern district? 1015 00:47:32,792 --> 00:47:33,792 Am I that lucky? 1016 00:47:33,834 --> 00:47:36,166 There must be streams in the desert. 1017 00:47:36,250 --> 00:47:37,250 General, a pleasure. 1018 00:47:38,218 --> 00:47:40,750 Your predecessor called once a term. 1019 00:47:40,834 --> 00:47:44,250 I'm in the habit of counting the herd at the end of the day, Chuck. 1020 00:47:44,333 --> 00:47:47,417 - Sure. - Eastern had a good day today. 1021 00:47:47,500 --> 00:47:50,166 Axelrod's put his office keys on Dake's desk. 1022 00:47:50,250 --> 00:47:51,375 Good for them. 1023 00:47:51,458 --> 00:47:53,338 But you're calling because you want to make sure 1024 00:47:53,362 --> 00:47:55,159 that I have adjusted the priorities. 1025 00:47:55,194 --> 00:47:57,083 Pass the message along. 1026 00:47:57,166 --> 00:48:00,375 - I'm a thorough man. - As am I. It's done. 1027 00:48:01,100 --> 00:48:02,959 Attaboy. 1028 00:48:03,041 --> 00:48:06,041 - I'll eagerly await our next chat. - [receiver slams] 1029 00:48:11,845 --> 00:48:13,959 Hey, you boys ready to go? 1030 00:48:14,041 --> 00:48:15,500 Daddy's got to head out. 1031 00:48:15,583 --> 00:48:16,458 - See ya, fellas. - Later. 1032 00:48:16,542 --> 00:48:19,125 Go wait in the car. I'll be right down. 1033 00:48:22,208 --> 00:48:24,625 Your office said the money's unfrozen. 1034 00:48:24,709 --> 00:48:25,875 Yeah, I told 'em to call you. 1035 00:48:26,734 --> 00:48:28,750 Should I have it wired to Birch? 1036 00:48:28,834 --> 00:48:29,959 No, Bobby. 1037 00:48:30,041 --> 00:48:33,166 I pictured you two running around together. 1038 00:48:33,250 --> 00:48:35,083 That fuckin' starter plane of his. 1039 00:48:35,166 --> 00:48:37,792 I wouldn't be caught dead in that sardine can. 1040 00:48:37,875 --> 00:48:39,166 [chuckles] 1041 00:48:41,500 --> 00:48:44,125 [sighs] 1042 00:48:44,208 --> 00:48:45,208 The money, Bobby. 1043 00:48:47,667 --> 00:48:50,125 Just don't fuckin' lose it. 1044 00:48:51,750 --> 00:48:54,190 [Sacker] Now, there's one bitter thing that we have to swallow 1045 00:48:54,214 --> 00:48:56,214 along with this delicious lo mein. 1046 00:48:57,126 --> 00:48:59,834 We have to slow down on a couple of cases. 1047 00:49:05,429 --> 00:49:07,417 You like giving up those cases? 1048 00:49:07,500 --> 00:49:09,291 - I hate it. - Me, too. 1049 00:49:09,375 --> 00:49:13,500 No A.G. picks our cases. I'm chafing against it. 1050 00:49:13,583 --> 00:49:15,333 I'm chafed. 1051 00:49:15,417 --> 00:49:17,375 So, are we gonna do something about it? 1052 00:49:17,458 --> 00:49:19,333 When I know, you'll know. 1053 00:49:21,722 --> 00:49:24,000 IoT, you know? 1054 00:49:24,083 --> 00:49:25,583 Sure, Internet of Things. 1055 00:49:25,667 --> 00:49:27,166 When companies that make appliances 1056 00:49:27,250 --> 00:49:29,500 and digital thermostats contract with the firms 1057 00:49:29,583 --> 00:49:32,481 that manufacture the microchips to make their products smart, 1058 00:49:32,516 --> 00:49:34,041 the connected things inside, 1059 00:49:34,125 --> 00:49:36,583 they force the chip companies to sign nondisclosures. 1060 00:49:36,667 --> 00:49:37,851 They don't want their competitors 1061 00:49:37,875 --> 00:49:40,167 - to be able to mimic them. - Right, so it's hard to know 1062 00:49:40,217 --> 00:49:42,575 which chip companies are poised to dominate the market. 1063 00:49:42,583 --> 00:49:45,707 My theory: If we could find a common component 1064 00:49:45,742 --> 00:49:47,417 among a bunch of varied devices... 1065 00:49:47,500 --> 00:49:48,709 You could reverse-engineer it. 1066 00:49:48,792 --> 00:49:51,000 You have fun smashing shit apart? 1067 00:49:51,083 --> 00:49:52,895 A blast. And I found a component 1068 00:49:52,930 --> 00:49:54,804 that matched the specs for a Quartes chip. 1069 00:49:54,839 --> 00:49:57,083 So I called Quartes and claimed to be building 1070 00:49:57,166 --> 00:49:59,000 an Internet-connected washing machine 1071 00:49:59,083 --> 00:50:01,659 that sends a message to the owner when the laundry is done. 1072 00:50:01,694 --> 00:50:03,635 Got the full specs on their latest chips. 1073 00:50:03,670 --> 00:50:05,500 - And they matched. - That they did. 1074 00:50:05,583 --> 00:50:08,458 Everyone tries to hide it, but Quartes is the main supplier 1075 00:50:08,542 --> 00:50:10,709 for 85% of loT products on the market. 1076 00:50:10,792 --> 00:50:12,041 So, that's the shot? 1077 00:50:12,125 --> 00:50:13,125 That's the shot. 1078 00:50:14,045 --> 00:50:16,000 It plays. Good work. 1079 00:50:16,083 --> 00:50:18,417 You'd have found something like it if you weren't... 1080 00:50:18,500 --> 00:50:19,700 That's why I have you, Taylor. 1081 00:50:19,724 --> 00:50:23,375 It's a good thing that you can deliver when I can't, not a bad thing. 1082 00:50:23,458 --> 00:50:25,250 - Thank you. - Once you leave here, 1083 00:50:25,333 --> 00:50:28,213 we can't really talk individual names of companies again for a long time. 1084 00:50:28,237 --> 00:50:32,792 Management issues, sure, but not stocks. It'll all be up to you. 1085 00:50:32,875 --> 00:50:35,125 I can't be seen to be guiding the firm. 1086 00:50:35,208 --> 00:50:37,875 It'll look as though I'm violating the terms of my deal. 1087 00:50:37,959 --> 00:50:40,083 I know. You saved the firm by doing what you did. 1088 00:50:40,166 --> 00:50:42,206 We bought back into the market late in the position. 1089 00:50:43,049 --> 00:50:45,333 Tonight's a big one for me. 1090 00:50:51,333 --> 00:50:54,667 The most important managers in the business will be there. 1091 00:50:54,750 --> 00:50:59,834 Between them, they cover all the meaningful strategies currently in play. 1092 00:51:01,479 --> 00:51:03,083 Quite the cotillion. 1093 00:51:04,744 --> 00:51:06,184 It's the social event of the season. 1094 00:51:07,326 --> 00:51:09,500 Tonight plants our flag for the future. 1095 00:51:09,583 --> 00:51:11,663 This room will set the agenda for what the industry's 1096 00:51:11,687 --> 00:51:14,792 talking about for the next week, month, year. 1097 00:51:14,875 --> 00:51:17,750 And what they will be talking about is Axe Capital. 1098 00:51:17,834 --> 00:51:22,542 ♪ Dramatic music ♪ 1099 00:51:34,083 --> 00:51:35,667 All right, guys. 1100 00:51:35,750 --> 00:51:37,709 Mom and Dad are going to their therapist. 1101 00:51:37,792 --> 00:51:39,485 Hour of screen time only, okay? 1102 00:51:39,817 --> 00:51:41,937 Probably grab a bite afterwards, but we won't be late. 1103 00:51:41,961 --> 00:51:43,041 Okay? 1104 00:51:43,125 --> 00:51:43,959 Bye. 1105 00:51:44,041 --> 00:51:46,000 - Bye. - Bye. 1106 00:51:46,083 --> 00:51:48,208 ♪♪♪ 1107 00:52:19,983 --> 00:52:22,410 Look at all the trouble you've caused. 1108 00:52:22,445 --> 00:52:24,500 What a disgrace. 1109 00:52:25,205 --> 00:52:26,542 Agreed. 1110 00:52:26,625 --> 00:52:29,542 He's almost beyond reclamation. 1111 00:52:29,625 --> 00:52:31,875 I can't stand the sight of this dog. 1112 00:52:32,948 --> 00:52:34,417 I want to leave him here, 1113 00:52:34,500 --> 00:52:36,922 and I'm tempted to take you with me. 1114 00:52:36,957 --> 00:52:38,667 It's up to you, mistress. 1115 00:52:38,750 --> 00:52:42,625 Leave with me or administer the required corrections. 1116 00:52:46,257 --> 00:52:49,333 He's in need of punishment. 1117 00:52:49,417 --> 00:52:50,834 I'll stay. 1118 00:52:54,542 --> 00:52:57,875 [door closes] 1119 00:53:04,000 --> 00:53:06,250 Have you missed this? 1120 00:53:07,686 --> 00:53:09,726 Then why aren't you showing the proper appreciation? 1121 00:53:09,750 --> 00:53:12,875 I should put you in this fucking cage. 1122 00:53:12,959 --> 00:53:15,750 Perhaps you're in need of something deeper? 1123 00:53:16,345 --> 00:53:18,250 Yeah. 1124 00:53:18,333 --> 00:53:19,875 Have you missed this? 1125 00:53:20,903 --> 00:53:23,083 It's not about me. 1126 00:53:23,166 --> 00:53:25,250 Or maybe you found, uh, other outlets. 1127 00:53:25,333 --> 00:53:26,208 [chuckles] 1128 00:53:26,291 --> 00:53:28,125 How dare you question me? 1129 00:53:28,208 --> 00:53:29,542 [whip cracks] 1130 00:53:29,625 --> 00:53:31,750 I can take care of my own needs. 1131 00:53:31,834 --> 00:53:33,542 Oh. 1132 00:53:33,625 --> 00:53:35,041 Explored other fantasies, then? 1133 00:53:35,125 --> 00:53:38,125 What fantasies exactly? 1134 00:53:38,208 --> 00:53:40,709 You being with other men. 1135 00:53:40,792 --> 00:53:42,208 [gasps] 1136 00:53:42,291 --> 00:53:44,375 [laughs] 1137 00:53:44,458 --> 00:53:48,083 Of course. 1138 00:53:48,166 --> 00:53:51,500 That's your fantasy. 1139 00:53:51,583 --> 00:53:53,875 You're that pathetic, aren't you? 1140 00:53:54,709 --> 00:53:57,667 I am. I am. 1141 00:53:57,750 --> 00:54:00,132 I want to hear about you and... 1142 00:54:00,167 --> 00:54:05,625 - Young men? - Yeah, yeah, yeah. 1143 00:54:05,709 --> 00:54:09,458 Um... 1144 00:54:09,542 --> 00:54:11,291 will he be handsome, rich? 1145 00:54:11,375 --> 00:54:12,917 - Of course. - Yeah? 1146 00:54:13,000 --> 00:54:14,000 He's brilliant. 1147 00:54:14,083 --> 00:54:16,834 Barely 30 years old. 1148 00:54:16,917 --> 00:54:19,834 - With the washboard abs? - Oh, yeah, he's ripped. 1149 00:54:19,917 --> 00:54:21,625 Tell me! 1150 00:54:21,709 --> 00:54:23,109 That's how you want to be punished? 1151 00:54:23,133 --> 00:54:26,465 Yes! Yes! 1152 00:54:27,446 --> 00:54:31,542 It's... It's the most excruciating thing that I can think of. 1153 00:54:31,625 --> 00:54:33,417 I want to know what he does to you, 1154 00:54:33,500 --> 00:54:35,417 what you do to him. 1155 00:54:38,333 --> 00:54:39,625 We're somewhere private. 1156 00:54:39,709 --> 00:54:42,500 - A hotel? - A hotel. 1157 00:54:42,583 --> 00:54:44,792 White sheets thrown around us. 1158 00:54:44,875 --> 00:54:45,875 Our clothes are off. 1159 00:54:45,917 --> 00:54:48,875 [grunts] 1160 00:54:48,959 --> 00:54:52,166 Hands and mouths on bare skin. 1161 00:54:52,250 --> 00:54:54,500 I take him in my hands. 1162 00:54:56,500 --> 00:54:57,709 Is he... 1163 00:54:57,792 --> 00:54:59,542 Yeah, hard. 1164 00:54:59,625 --> 00:55:01,458 Thick. 1165 00:55:02,295 --> 00:55:03,961 I give myself to him 1166 00:55:04,639 --> 00:55:08,750 and let him do whatever he wants. 1167 00:55:10,024 --> 00:55:11,667 Is it good? 1168 00:55:11,750 --> 00:55:15,542 Good? No. It's fucking amazing. 1169 00:55:19,959 --> 00:55:22,083 He understands me. 1170 00:55:22,166 --> 00:55:27,291 He knows exactly what I need. 1171 00:55:29,834 --> 00:55:32,542 [slapping] 1172 00:55:33,792 --> 00:55:35,375 [cork pops] 1173 00:55:35,458 --> 00:55:39,583 ♪ Dramatic music ♪ 1174 00:55:42,834 --> 00:55:44,583 [indistinct conversations] 1175 00:55:44,667 --> 00:55:46,917 ♪♪♪ 1176 00:55:47,000 --> 00:55:49,417 [cellphones vibrating] 1177 00:55:49,500 --> 00:55:52,486 Oh, Axe is so fucked! From the Journal. 1178 00:55:52,521 --> 00:55:55,083 "Government defangs Axelrod, barred from trading." 1179 00:55:55,166 --> 00:55:57,326 I'd love to agree, but I think he bested those fuckers, 1180 00:55:57,350 --> 00:55:58,360 and so does B.I. 1181 00:55:58,433 --> 00:56:01,875 "Axe Capital poised to plunge heavy back into the markets." 1182 00:56:01,959 --> 00:56:03,834 He has his money. What else does he need? 1183 00:56:03,917 --> 00:56:06,583 To do with as he pleases. But what's the fucking point? 1184 00:56:06,667 --> 00:56:08,375 - [laughter] - He's gonna be here soon. 1185 00:56:08,458 --> 00:56:11,041 We're gonna know by the look on his face what happened. 1186 00:56:11,125 --> 00:56:14,917 Either he crushed them, or he's become the government's favorite bitch. 1187 00:56:15,000 --> 00:56:16,250 [laughter] 1188 00:56:16,333 --> 00:56:18,250 [door opens] 1189 00:56:23,333 --> 00:56:25,750 Who's this? 1190 00:56:25,834 --> 00:56:29,027 I'm Taylor Mason, Chief Investment Officer, Axe Capital, 1191 00:56:29,062 --> 00:56:33,375 and I have a silver-backed fucking gorilla of an idea. 1192 00:56:33,458 --> 00:56:35,917 It's an angle of attack on an Internet sector 1193 00:56:36,000 --> 00:56:38,250 that's worth 12X what you think it is. 1194 00:56:38,333 --> 00:56:39,813 But the sector is only the beginning. 1195 00:56:40,592 --> 00:56:42,458 I'll walk you through both the technical side 1196 00:56:42,542 --> 00:56:44,834 and the types of derivatives that are available 1197 00:56:44,917 --> 00:56:46,677 to both bet on it and to effectively hedge it 1198 00:56:46,701 --> 00:56:49,784 so that the play is risk-neutral. 1199 00:56:52,208 --> 00:56:56,291 That's how Axe Cap is doing it. 1200 00:56:56,375 --> 00:56:59,583 ♪ Lucy Dacus' "Troublemaker Doppelganger" ♪ 1201 00:57:06,417 --> 00:57:09,417 ♪ Is that a hearse or a limousine? ♪ 1202 00:57:09,500 --> 00:57:11,180 ♪ It's like I've seen it on the TV screen ♪ 1203 00:57:11,204 --> 00:57:14,000 ♪ Oh, oh ♪ 1204 00:57:14,083 --> 00:57:18,625 ♪ Oh-oh, oh ♪ 1205 00:57:18,709 --> 00:57:21,583 ♪♪♪ 1206 00:57:27,417 --> 00:57:29,709 ♪ I wanna live in a world ♪ 1207 00:57:29,792 --> 00:57:32,083 ♪ Where I can keep my doors ♪ 1208 00:57:32,166 --> 00:57:36,458 ♪ Wide open ♪ 1209 00:57:36,542 --> 00:57:38,792 ♪ But who knows what'd get in ♪ 1210 00:57:38,875 --> 00:57:42,291 ♪ And what'd get out ♪ 1211 00:57:42,375 --> 00:57:43,500 ♪ One of these nights ♪ 1212 00:57:43,583 --> 00:57:48,375 ♪ I'll sleep with the windows down ♪ 1213 00:57:48,458 --> 00:57:51,709 ♪ But not until that creature's ♪ 1214 00:57:51,792 --> 00:57:53,750 ♪ In the pound ♪ 1215 00:57:53,751 --> 00:57:55,751 - Synced and corrected by sot26 - www.addic7ed.com 90673

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