1 00:00:00,020 --> 00:00:04,822 Your cum-ex fund is a perfect fit in the new course of our bank. 2 00:00:04,902 --> 00:00:07,182 We prefer arbitrage transactions. 3 00:00:07,262 --> 00:00:10,542 Cum-ex calls some ambivalent associations. 4 00:00:10,902 --> 00:00:12,302 So interesting. 5 00:00:12,542 --> 00:00:13,902 Great job. 6 00:00:13,982 --> 00:00:17,062 The entire tax authorities forms one tough lump of fat. 7 00:00:17,142 --> 00:00:19,022 The department needs to downsize. 8 00:00:19,102 --> 00:00:21,982 Come on. This will be your new office. 9 00:00:22,062 --> 00:00:24,542 Why don't you just marry Olga? 10 00:00:25,502 --> 00:00:27,662 Olga thinks I have a lot of money. 11 00:00:28,982 --> 00:00:31,142 Do you want to try it on? -Yes. 12 00:00:31,222 --> 00:00:32,622 Sven Lebert? -Alex? 13 00:00:32,702 --> 00:00:34,342 Wow. What are you doing here? 14 00:00:34,422 --> 00:00:37,902 Taking advantage of discrepancies around the ex-dividend date. 15 00:00:37,982 --> 00:00:40,849 Short transactions. -Will this stay between us? 16 00:00:41,822 --> 00:00:44,089 Dr. Lebert? Can I speak to you for a moment? 17 00:00:45,942 --> 00:00:47,982 Bernd, we're being blackmailed. 18 00:00:58,822 --> 00:01:05,662 The story is fictional. but based on true events. Unfortunately. 19 00:01:05,942 --> 00:01:09,222 Close your eyes. What do you see before you? 20 00:01:10,502 --> 00:01:15,222 Bunch. Mist. -Possibilities, that's what I see. 21 00:01:18,702 --> 00:01:22,982 Look at those saplings. That have just emerged. 22 00:01:23,342 --> 00:01:27,062 The young oaks. The old, majestic trees... 23 00:01:27,902 --> 00:01:30,982 all reach for the light. Such is their nature. 24 00:01:31,062 --> 00:01:35,862 When a tree grows. He deprives other trees of the light. 25 00:01:35,942 --> 00:01:39,582 They cannot develop. They wither away... 26 00:01:40,102 --> 00:01:41,502 and die. 27 00:01:44,022 --> 00:01:47,742 Ten million. What exactly is ten million? 28 00:01:49,342 --> 00:01:51,675 Blackmail is not about money. 29 00:01:52,382 --> 00:01:54,982 Not even about principles. But about opportunities. 30 00:01:56,262 --> 00:02:00,142 The blackmailer wants to increase his influence and reduce ours. 31 00:02:00,222 --> 00:02:01,662 It's that simple. 32 00:02:08,502 --> 00:02:11,742 Too bad we don't have any guns with us. 33 00:02:27,595 --> 00:02:31,262 New tax office outside Copenhagen. 34 00:02:31,342 --> 00:02:34,942 Far outside Copenhagen. 35 00:02:54,102 --> 00:02:56,502 Does anyone have power yet? -No. 36 00:02:57,182 --> 00:03:00,542 The cables run here. We are not the first. 37 00:03:00,622 --> 00:03:02,462 What do you mean by that? 38 00:03:02,982 --> 00:03:04,502 Listen carefully. 39 00:03:07,782 --> 00:03:09,222 Are they mice? 40 00:03:09,862 --> 00:03:13,742 No. something much bigger I hear heavy footsteps. 41 00:03:15,262 --> 00:03:17,062 No idea what it could be. 42 00:03:22,782 --> 00:03:25,382 Has Olga moved in with you? -Yes. 43 00:03:27,902 --> 00:03:30,062 We need power quickly. 44 00:03:30,142 --> 00:03:34,182 Per will also arrive soon. I'll show him your calculations. 45 00:03:38,622 --> 00:03:41,622 Hello, Mr. Lebert. -Hello, Mr. Rosshaar. 46 00:03:42,142 --> 00:03:44,942 I'm actually curious... 47 00:03:45,022 --> 00:03:48,982 from which that incriminating material actually exists. 48 00:03:55,142 --> 00:03:58,182 How do those short sellers get a share of the profits? 49 00:03:58,262 --> 00:04:00,302 Will this stay between us? 50 00:04:00,382 --> 00:04:04,515 I've put all that behind me. I am now a full-time father. 51 00:04:05,182 --> 00:04:09,462 There are no direct agreements with short sellers. Those are prohibited. 52 00:04:09,542 --> 00:04:10,982 That's what the law says. 53 00:04:11,062 --> 00:04:15,062 We speak to someone who speaks to someone who speaks short sellers. 54 00:04:15,142 --> 00:04:18,822 The market takes care of the rest. Can you call that an appointment? 55 00:04:21,542 --> 00:04:26,009 And that client wants ten million have for? That's ridiculous. 56 00:04:29,142 --> 00:04:32,142 What would your mentor say about this? -Mentor? 57 00:04:32,222 --> 00:04:35,302 Your mentor. -If you mean Dr. Hausner. 58 00:04:35,382 --> 00:04:37,849 We have no secrets from each other. 59 00:04:40,262 --> 00:04:42,222 My client is not an inhuman. 60 00:04:43,062 --> 00:04:46,422 He will with 8.5 million I'm sure you'll also be satisfied. 61 00:04:46,502 --> 00:04:47,902 You know... 62 00:04:48,462 --> 00:04:51,462 Firstly, this is legally unusable. 63 00:04:51,542 --> 00:04:54,422 Secondly, it is barely intelligible. 64 00:04:54,502 --> 00:04:58,769 As a gesture of goodwill we can maybe make 50,000 of them. 65 00:05:00,942 --> 00:05:02,342 But not a cent more. 66 00:05:02,942 --> 00:05:06,462 What do they have? -Emails, bank statements and such. 67 00:05:06,542 --> 00:05:09,382 Emails from who? -I couldn't see that. 68 00:05:10,142 --> 00:05:14,822 What do you mean? Which fund was it about? Kilchberger? Kargus?? 69 00:05:14,902 --> 00:05:17,022 Probably Kargus. Yes. 70 00:05:18,382 --> 00:05:21,742 Then the email must be from Lausitz. ...Lausitz? 71 00:05:23,822 --> 00:05:25,022 That could be possible. 72 00:05:25,102 --> 00:05:28,942 We can't handle such an idiot put our entire company at risk. 73 00:05:29,022 --> 00:05:31,342 I'm not sure. but... 74 00:05:32,502 --> 00:05:34,702 Yes. it may have been Lusatia. 75 00:05:34,782 --> 00:05:38,982 I have the word short seller never mentioned in an email. 76 00:05:39,062 --> 00:05:43,022 We have seen the email. -I swear on my mother. 77 00:05:43,102 --> 00:05:46,782 I don't care for your mother. This will cost us ten million. 78 00:05:47,542 --> 00:05:49,262 This must not happen again. 79 00:05:49,342 --> 00:05:52,475 This doesn't happen anymore. Grab your things. Get out. 80 00:05:54,982 --> 00:05:56,782 I didn't write to him. 81 00:05:57,422 --> 00:05:58,822 Come on. 82 00:05:59,382 --> 00:06:01,782 Sven... -Yes, I'm sorry. 83 00:06:01,862 --> 00:06:03,795 Such things happen. Sorry. 84 00:06:18,142 --> 00:06:21,102 Where is Per? -I'm not allowed to say that. 85 00:06:21,742 --> 00:06:23,142 What do you mean? 86 00:06:23,862 --> 00:06:25,902 He becomes department head. 87 00:06:26,902 --> 00:06:28,982 Per? -You didn't get that from me. 88 00:06:30,182 --> 00:06:32,102 And who will be our director? 89 00:06:32,982 --> 00:06:34,382 That's me. 90 00:06:35,982 --> 00:06:37,622 But you can't... 91 00:06:37,702 --> 00:06:41,942 Weren't you an external consultant? for the ministry? 92 00:06:42,022 --> 00:06:43,902 That's not a problem, is it? 93 00:06:43,982 --> 00:06:48,182 Do you know anything about it? of those excessive refunds? 94 00:06:49,022 --> 00:06:51,742 I don't see any problems. -No? 95 00:06:52,342 --> 00:06:55,902 I only see solutions. Shall we go inside? 96 00:06:55,982 --> 00:06:58,102 As you can see. 97 00:06:58,182 --> 00:07:03,302 Are our refunds far too high for these large firms. 98 00:07:03,382 --> 00:07:07,382 It's in the millions. The only explanation is: fraud. 99 00:07:08,142 --> 00:07:12,409 The Danish Banking Association asked for proof. I have that here. 100 00:07:13,702 --> 00:07:16,902 Inger, this isn't the Wild West. 101 00:07:16,982 --> 00:07:21,702 This is Denmark. -Unfortunately, this is the Wild West. 102 00:07:22,382 --> 00:07:25,262 The safe door is open and the sheriff is sleeping. 103 00:07:25,342 --> 00:07:29,702 These are no ordinary thieves. These are decent banks... 104 00:07:29,782 --> 00:07:32,782 and respected businesspeople and investors. 105 00:07:33,942 --> 00:07:36,475 Will you pass that information on to the minister? 106 00:07:38,382 --> 00:07:42,782 Yes. But he is already dying at work. 107 00:07:44,462 --> 00:07:49,902 If you don't pass this on. I'll pass you by and put it to him myself. 108 00:07:56,822 --> 00:08:00,622 Did you know that money has an inner intelligence? 109 00:08:00,702 --> 00:08:05,022 That it flows magically to where it is needed? 110 00:08:08,102 --> 00:08:11,942 Sorry, but you're just not in the right state of mind. 111 00:08:13,622 --> 00:08:15,102 Goodbye, Inger. 112 00:08:23,302 --> 00:08:25,782 Options... 113 00:08:27,542 --> 00:08:29,622 what I see 114 00:08:31,222 --> 00:08:36,742 To: Bernd Hausner I'm on my way to Zurich. I'll call you. 115 00:08:42,702 --> 00:08:46,662 The most important thing is that we're going to get this out of the way, right? 116 00:08:48,062 --> 00:08:53,902 The sad thing is that the risk is for you if bank is bigger than for us. 117 00:08:56,782 --> 00:08:59,622 What does the blackmailer ask for? -Fifteen million. 118 00:08:59,702 --> 00:09:03,542 Fifteen million? -I've already narrowed it down to three. 119 00:09:04,302 --> 00:09:06,702 Maybe one and a half will still work. 120 00:09:07,742 --> 00:09:09,222 You are a genius. 121 00:09:15,422 --> 00:09:18,782 The contract confirms that your client did consultancy work... 122 00:09:18,862 --> 00:09:22,902 for Kilchberger's possible expansion in new markets. 123 00:09:22,982 --> 00:09:25,462 In total it is 1,843,000 euros... 124 00:09:25,542 --> 00:09:27,902 of which 323,000 euros to taxes. 125 00:09:27,982 --> 00:09:31,115 That remains 1.5 million euros. As agreed. 126 00:09:31,702 --> 00:09:34,902 That is not 1.5 but 1.52 million. 127 00:09:34,982 --> 00:09:39,302 Charges for this a brokerage fee of 20,000. 128 00:09:40,302 --> 00:09:42,902 We take care of all formalities. 129 00:09:48,422 --> 00:09:50,582 Will you find your own way? -Goodbye. 130 00:09:50,662 --> 00:09:55,102 Oh yes. Mr Lebert. In the West End there is a good restaurant, II Giorgio. 131 00:09:55,182 --> 00:09:58,222 A few people would like to speak to you. At 8 p.m. 132 00:09:58,302 --> 00:09:59,782 The address is here. 133 00:10:05,222 --> 00:10:09,462 I also have your secretary given a card. Goodbye. 134 00:10:15,782 --> 00:10:17,182 It's settled. 135 00:10:17,262 --> 00:10:19,342 How many? -1.5. 136 00:10:19,862 --> 00:10:24,422 Nice. Not nothing, but it has to be done. -No. Kilchberger pays. 137 00:10:25,182 --> 00:10:27,702 No, right? We should celebrate that. 138 00:10:27,782 --> 00:10:31,582 Please. But tomorrow, okay? I still have a lot to do. 139 00:10:36,822 --> 00:10:40,542 . office of Sven Lebert. What can I do for you? 140 00:10:43,822 --> 00:10:47,982 Hello, darling. 141 00:10:49,142 --> 00:10:50,542 What is this? 142 00:10:51,462 --> 00:10:53,022 What are you doing? 143 00:10:54,182 --> 00:10:58,382 You cook for me. my husband. -Of course, Olga Jensen. 144 00:10:58,462 --> 00:11:01,662 I would cook for you every day. -Olga Jensen. 145 00:11:02,662 --> 00:11:04,062 Glass of wine? -Yes. 146 00:11:04,862 --> 00:11:06,382 Cheers. -Cheers. 147 00:11:06,462 --> 00:11:09,422 How did it go? -Okay, I guess. 148 00:11:14,102 --> 00:11:15,982 A little dance? -Yes. 149 00:11:16,062 --> 00:11:18,542 You would never dance otherwise. -Now it is. 150 00:11:18,622 --> 00:11:20,662 A Friday dance. -Okay. 151 00:11:20,742 --> 00:11:22,462 For my new wife. 152 00:11:22,542 --> 00:11:24,782 Is it that kind of dance? -Beats. 153 00:11:31,622 --> 00:11:33,782 This is a real striptease. 154 00:11:33,862 --> 00:11:37,262 I'll take some money. And I want more value for my money. 155 00:11:40,662 --> 00:11:44,742 Bravo. Bravo. Keep it up. 156 00:11:59,742 --> 00:12:01,862 We just got married. -Congratulations. 157 00:12:01,942 --> 00:12:04,302 Thank you. My wife is from Serbia. 158 00:12:04,382 --> 00:12:08,742 Okay, then you need this. -What a lot of application forms. 159 00:12:08,822 --> 00:12:13,062 Do not fill in the box on page 2. The Immigration Service does that. 160 00:12:15,182 --> 00:12:20,262 Don't forget the attachments. And copies of the bank guarantee. 161 00:12:22,822 --> 00:12:24,302 Bank guarantee? 162 00:12:26,902 --> 00:12:32,662 Mandatory for a residence permit of a spouse from outside the EU. 163 00:12:33,102 --> 00:12:36,622 Okay. You have need a lot of information. Hey? 164 00:12:36,702 --> 00:12:41,782 Here is everything you need to fill in. -Okay, thanks. 165 00:12:41,862 --> 00:12:47,182 We also have proof of cohabitation and your living situation. 166 00:12:47,862 --> 00:12:52,902 You must meet all conditions. Otherwise, they may reject the application. 167 00:13:00,662 --> 00:13:02,342 Mr. Lebert? -Yes. 168 00:13:02,422 --> 00:13:06,022 Good evening. Just come along. You are expected. 169 00:13:23,462 --> 00:13:24,862 Please sit down. 170 00:13:27,262 --> 00:13:30,497 You know each other? -Nice to see you again. Sven. 171 00:13:30,622 --> 00:13:35,262 Are you hungry? The sea bass here is truly unsurpassed. 172 00:13:35,342 --> 00:13:37,009 What do you want from me? 173 00:13:37,862 --> 00:13:40,929 You don't hold a grudge, do you? -What do you want? 174 00:13:41,702 --> 00:13:45,262 Syed now has his own investment office, Lone Capital. 175 00:13:45,342 --> 00:13:50,262 He now lives in Abu Dhabi. We are setting up a fund together. 176 00:13:50,342 --> 00:13:54,182 Your reaction to that nasty situation impressed us. 177 00:13:54,262 --> 00:13:57,022 His voice trembled for a moment, at first. 178 00:13:57,102 --> 00:13:59,942 Something like that shakes your sense of primal trust. 179 00:14:00,022 --> 00:14:02,822 It's like waking up and your mother is gone. 180 00:14:03,262 --> 00:14:07,062 But she just ran off with another man. 181 00:14:07,142 --> 00:14:09,982 And she doesn't love you that much that she takes you. 182 00:14:10,062 --> 00:14:12,662 You're an asshole. -Don't exaggerate. 183 00:14:12,742 --> 00:14:14,102 No. Real. 184 00:14:14,182 --> 00:14:17,062 We wanted to test your stress resistance. 185 00:14:18,062 --> 00:14:20,422 And are you here now, or are you here? 186 00:14:24,142 --> 00:14:29,142 We want to reach the top with our fund. We want to become killers. 187 00:14:29,662 --> 00:14:32,902 Sven, we would like to have you there. 188 00:14:32,982 --> 00:14:35,315 You are the true genius behind it. 189 00:14:36,462 --> 00:14:40,182 You simply cannot refuse our offer. 190 00:14:40,262 --> 00:14:41,342 Fuck off. 191 00:14:41,422 --> 00:14:46,262 Our setup with Fred Allen is working like a well-oiled machine. 192 00:14:46,342 --> 00:14:50,342 By the time you guys have something like this. I am already retired. 193 00:14:50,422 --> 00:14:52,542 You still work through Allen. 194 00:14:52,622 --> 00:14:56,222 I saw how he treated you for years ripped off millions. 195 00:14:56,302 --> 00:14:57,542 Nice try. 196 00:14:57,622 --> 00:15:00,662 His margin is far below the market price. 197 00:15:00,742 --> 00:15:04,982 I'm not falling for that. -He's been cheating you for years. 198 00:15:05,982 --> 00:15:10,862 Bernd should have noticed it. But he's starting to get old and tired. 199 00:15:10,942 --> 00:15:14,902 There is a world arriving where the older generation... 200 00:15:14,982 --> 00:15:19,502 no longer plays such a central role. -Yes. tho. It will. 201 00:15:21,942 --> 00:15:23,342 Fuck off. 202 00:15:26,182 --> 00:15:29,422 I have your secretary our offer also given. 203 00:15:40,742 --> 00:15:42,142 Insane. 204 00:15:42,622 --> 00:15:44,942 Did he really screw us? -And or. 205 00:15:45,022 --> 00:15:49,702 These are the margins that Allen gives us showed. And these are the usual ones. 206 00:15:49,782 --> 00:15:52,849 I checked it. I already had a feeling like that. 207 00:15:53,422 --> 00:15:55,862 What kind of feeling? -And? 208 00:15:56,262 --> 00:16:00,182 Allen is unreachable. He is in his villa in Mallorca. 209 00:16:00,262 --> 00:16:01,662 Son of a bitch. 210 00:16:06,222 --> 00:16:09,742 Mallorca 211 00:16:41,902 --> 00:16:43,382 Hello, sir. 212 00:16:44,982 --> 00:16:46,382 Sorry? 213 00:16:54,182 --> 00:16:56,422 Thank you. Thank you, sir. 214 00:17:01,702 --> 00:17:06,342 He's not here. He still has a second villa in the north. 215 00:17:37,022 --> 00:17:40,982 Isn't that the same port as before? He drove around. 216 00:17:41,062 --> 00:17:43,502 No, that's number 2. -Drive on. 217 00:17:43,582 --> 00:17:46,262 That's not allowed. This is a private road. 218 00:17:46,342 --> 00:17:48,462 Private road? Is he kidding me? 219 00:17:48,542 --> 00:17:52,302 I'll decide what a private road is. Go ahead, hurry up. 220 00:18:06,982 --> 00:18:09,022 No. anyway. Not those guys again. 221 00:18:09,102 --> 00:18:10,902 No, I don't have time... 222 00:18:10,982 --> 00:18:14,222 about water consumption to talk about my car wash. 223 00:18:14,302 --> 00:18:16,822 Leave me alone. Don't ever call me again. 224 00:18:18,542 --> 00:18:20,062 It's like the Gestapo. 225 00:18:21,422 --> 00:18:25,302 Left-wing fascists. Environmental Nazis. 226 00:18:36,102 --> 00:18:39,035 Can you tell me something? about your time in Bhutan? 227 00:18:39,582 --> 00:18:43,422 Whenever I put on these clothes, I think back to that. 228 00:18:43,502 --> 00:18:48,342 How politicians, government agencies and the people worked together... 229 00:18:48,422 --> 00:18:52,222 to change things. It was really moving. 230 00:18:52,302 --> 00:18:54,902 There was a kind of euphoria in the air. 231 00:18:56,222 --> 00:19:00,755 The introduction of an income tax brought people together even more. 232 00:19:02,142 --> 00:19:06,342 I remembered why I once did started at the tax authorities. 233 00:19:08,342 --> 00:19:12,942 How did you end up after Bhutan? in this department of the tax authorities? 234 00:19:13,582 --> 00:19:16,862 I just wanted to work in Denmark again. 235 00:19:17,422 --> 00:19:21,662 Income tax is something completely different then profit refund. 236 00:19:21,742 --> 00:19:23,022 Do you know anything about that? 237 00:19:23,102 --> 00:19:26,982 To be honest, I'm joining in right now for a sick colleague. 238 00:19:27,902 --> 00:19:31,422 Normally I am an investigative journalist. 239 00:19:32,302 --> 00:19:35,902 My last article went about VAT carousel fraud. 240 00:19:35,982 --> 00:19:37,902 Did you write that? -Yes. 241 00:19:38,662 --> 00:19:41,622 I thought that was an impressive article. 242 00:19:41,702 --> 00:19:44,422 Really thorough detective work. -Thank you. 243 00:19:45,622 --> 00:19:49,302 I thought the Danes should know what was going on. 244 00:19:50,262 --> 00:19:51,729 You're right about that. 245 00:19:52,862 --> 00:19:55,982 Thank you in advance. -Yes, okay. Don't mention it. 246 00:19:57,462 --> 00:20:00,622 You'll still let me read it, right? -Naturally. 247 00:20:09,062 --> 00:20:12,782 Are you only coming now? This party has been going on for sixteen hours. 248 00:20:12,862 --> 00:20:14,462 Fuck off. Fred. 249 00:20:14,542 --> 00:20:17,622 What are you saying? Is that Ancient Greek? Come along. 250 00:20:19,822 --> 00:20:22,582 Why two identical villas in Mallorca? 251 00:20:22,662 --> 00:20:26,329 For winter and summer. The north is much fresher. 252 00:20:26,702 --> 00:20:29,782 How much fresher? -At least one and a half degrees. 253 00:20:35,942 --> 00:20:40,422 Ever eaten okapi, the forest giraffe? To enjoy. 254 00:20:40,502 --> 00:20:43,222 Tastes like lamb. But a little more sour. 255 00:20:46,102 --> 00:20:49,142 Fancy a seesaw? There are still whores around. 256 00:20:49,222 --> 00:20:52,755 We want to know why you screwed us for years. 257 00:20:56,662 --> 00:20:58,942 Relax. Come on. Take off your jacket. 258 00:20:59,022 --> 00:21:02,382 We, lawyers. Never take off our jacket. 259 00:21:04,022 --> 00:21:07,182 Very funny. Come. sit by the pool. 260 00:21:12,502 --> 00:21:16,222 See? You screwed us. -Yes. 261 00:21:17,222 --> 00:21:20,022 Tell that bastard that's unacceptable. 262 00:21:21,742 --> 00:21:24,782 My nose bleeds like a bovine. -Oh. Come sit down. 263 00:21:24,862 --> 00:21:28,182 I'm still bleeding to death. -Sit down. Head back. 264 00:21:28,262 --> 00:21:30,182 No, not like that. -Then say it. 265 00:21:30,262 --> 00:21:34,942 Fred, this is unacceptable. Do you hear me? -Stop it now. 266 00:21:35,782 --> 00:21:38,302 Don't you sew people then? 267 00:21:38,382 --> 00:21:41,302 You tell your customers 12 percent. But you charge 25. 268 00:21:41,382 --> 00:21:45,302 And now you realize it was 35. You are no longer a child. 269 00:21:45,382 --> 00:21:47,742 We want our share. -Oh yes? 270 00:21:47,822 --> 00:21:51,582 13.5 million euros. -I like you. So cute. 271 00:21:52,462 --> 00:21:54,862 I'll give you a million each. -Come on. 272 00:21:54,942 --> 00:21:56,902 That buys you good bread. 273 00:21:56,982 --> 00:21:59,582 He wants to give us two million. Fuck off. 274 00:21:59,662 --> 00:22:02,222 This is not a bazaar. At least ten. 275 00:22:02,302 --> 00:22:05,782 At least ten. otherwise... -Are you going to the police? 276 00:22:05,862 --> 00:22:09,382 Fuck off. Fred. You are a dirty thief. Fuck off. 277 00:22:11,702 --> 00:22:13,342 Wow, what a mood. 278 00:22:13,422 --> 00:22:15,542 Come on. Bernd. -Fuck off. 279 00:22:16,582 --> 00:22:18,422 It's okay. Never mind. 280 00:22:19,702 --> 00:22:24,902 He is from a different generation. Old fashioned. The old kind of genius. 281 00:22:25,542 --> 00:22:27,102 Maybe a little... 282 00:22:27,982 --> 00:22:31,582 unbending. -Unlike you? 283 00:22:32,582 --> 00:22:34,062 Maybe. 284 00:22:34,902 --> 00:22:40,302 There comes a time when the older generation is no longer so central. 285 00:22:40,862 --> 00:22:43,902 Yes, I heard that. -Oh yes? 286 00:22:44,382 --> 00:22:50,582 Yes. Followed by a project. after one play to get you to the table. 287 00:22:50,662 --> 00:22:53,222 Very funny, you know. Real. -Oh yes. 288 00:22:56,662 --> 00:22:58,062 Do you know this guy? 289 00:23:00,422 --> 00:23:01,422 Nietzsche. 290 00:23:01,502 --> 00:23:04,142 I only know the word Kapitalertragsteuer. 291 00:23:04,222 --> 00:23:08,489 But I like to read German. It seems ominous witch music. 292 00:23:09,342 --> 00:23:10,742 Open it somewhere. 293 00:23:11,502 --> 00:23:13,822 Why? -Come on. Just do it. 294 00:23:18,262 --> 00:23:20,782 'Innocence is the child. and forget it. 295 00:23:20,862 --> 00:23:24,342 A new beginning, a game. A self-rolling wheel. 296 00:23:24,422 --> 00:23:28,862 A first movement, a sacred yes-saying.' 297 00:23:28,942 --> 00:23:33,582 “Brothers, for the game of creation a sacred yes-saying is needed. 298 00:23:34,862 --> 00:23:37,262 Its will is what the mind wants now. 299 00:23:37,342 --> 00:23:40,942 His world acquires itself only the world sags there.' 300 00:23:41,942 --> 00:23:44,782 What does that mean? -It doesn't stop. 301 00:23:44,862 --> 00:23:48,022 Can I die from a nosebleed? -O. Darling. 302 00:23:48,102 --> 00:23:50,435 I think this guy. Nietzsche... 303 00:23:51,622 --> 00:23:53,222 is crazy. -Yes. 304 00:23:53,862 --> 00:23:56,462 He was already affected by syphilis. 305 00:23:56,982 --> 00:24:00,649 I think these are his best lyrics: where syphilis speaks. 306 00:24:01,502 --> 00:24:05,622 But Friedrich was right. Sven. Now say yes to yourself. 307 00:24:05,702 --> 00:24:07,702 Stand on your own two feet. 308 00:24:09,542 --> 00:24:11,262 Would you excuse us for a moment? 309 00:24:13,542 --> 00:24:16,262 See? It's already stopped. 310 00:24:37,662 --> 00:24:40,862 Did they really eat okapi kani? -What? 311 00:24:43,662 --> 00:24:45,302 Yes, apparently so. 312 00:24:46,062 --> 00:24:48,022 1 Are they not in good spirits? 313 00:24:48,102 --> 00:24:51,902 That is not allowed at all. They are threatened with extinction. 314 00:24:52,062 --> 00:24:55,195 We won't get more than two million from Allen. 315 00:24:55,822 --> 00:24:57,622 We can't do anything. 316 00:24:58,942 --> 00:25:01,982 We should never have done business with him. 317 00:25:02,062 --> 00:25:04,862 He has no conscience. No decency whatsoever. 318 00:25:07,502 --> 00:25:08,902 Okapi. 319 00:25:10,302 --> 00:25:11,862 Assholes. 320 00:25:47,622 --> 00:25:52,222 They refuse the wife of a Danish citizen a residence permit? 321 00:25:52,302 --> 00:25:53,982 Is that legal? 322 00:25:54,062 --> 00:25:58,982 That is the country we live in with the government we have. 323 00:25:59,062 --> 00:26:02,622 You must be rich here. With a partner from the EU. 324 00:26:02,702 --> 00:26:05,662 I have so much to prove. Unfinished business. 325 00:26:05,742 --> 00:26:07,262 And what now? 326 00:26:07,342 --> 00:26:11,142 We become love refugees. We're going to Sweden. 327 00:26:11,222 --> 00:26:13,742 To Sweden? -Yes. But without money. 328 00:26:13,822 --> 00:26:17,502 I have my whole life taxes paid in Denmark. 329 00:26:17,582 --> 00:26:19,862 I can't even live with her. 330 00:26:19,942 --> 00:26:23,382 I want to destroy something when I hear that. 331 00:26:23,462 --> 00:26:27,062 I have to force myself to think about something else. 332 00:26:28,422 --> 00:26:30,302 It's so unfair. 333 00:26:31,622 --> 00:26:34,462 Do you know what our new director said? 334 00:26:36,102 --> 00:26:41,182 Money has an inner intelligence and flows to where it is needed. 335 00:26:41,262 --> 00:26:43,582 What a weirdo. -She's not wise. 336 00:26:43,662 --> 00:26:48,542 What? No. Money is needed here. But which way does it flow? 337 00:26:49,302 --> 00:26:52,822 Is there anything flowing at all? to us? 338 00:26:53,582 --> 00:26:55,422 No. -You know what? 339 00:26:56,902 --> 00:26:59,182 We'll do what your new boss says. 340 00:26:59,662 --> 00:27:03,662 Okay? We will make sure there is money flowing our way. right? 341 00:27:04,702 --> 00:27:08,382 With a stamp from you... -No. Mikkel. Stop. 342 00:27:08,462 --> 00:27:11,102 Then all our worries will be over. 343 00:27:16,262 --> 00:27:19,942 No. I can't do that. -Now listen. 344 00:27:20,022 --> 00:27:26,742 You, me and everyone here, we deserve money by working for it. 345 00:27:26,822 --> 00:27:29,742 We pay taxes because money is needed... 346 00:27:29,822 --> 00:27:33,942 for roads, bridges. hospitals. Universities, schools, everything. 347 00:27:34,022 --> 00:27:37,502 And some super rich. Who aren't even Danish. 348 00:27:37,582 --> 00:27:40,742 From England. Germany. the US and all that. 349 00:27:40,822 --> 00:27:45,377 Fill their pockets with money every year what we have worked hard for. 350 00:27:45,502 --> 00:27:48,062 And we have to be honest? Better than them? 351 00:27:48,142 --> 00:27:51,902 We are already better. Because we work for our money. 352 00:27:52,582 --> 00:27:57,222 The rich spit on us and you refuse to wipe it. Niels. 353 00:28:00,822 --> 00:28:02,422 Just think about it. 354 00:28:27,302 --> 00:28:31,542 Dear Mr. Mikkel Sandvig. 355 00:28:32,342 --> 00:28:34,062 We hereby comply... 356 00:28:34,142 --> 00:28:38,542 to your refund request of capital gains tax... 357 00:28:38,622 --> 00:28:42,302 amount of 37.3 million Danish kroner. 358 00:28:44,062 --> 00:28:48,342 You're a good guy, the best friend that anyone could wish for. 359 00:28:48,422 --> 00:28:52,462 Your case handler. Niels Jensen. 360 00:28:56,582 --> 00:29:00,302 An error has occurred. An error has occurred. 361 00:29:01,102 --> 00:29:05,422 Please resolve error 5001 to continue. 362 00:29:06,102 --> 00:29:08,662 An error has occurred. Los... 363 00:29:08,742 --> 00:29:11,262 How dare you turn off my water? 364 00:29:11,342 --> 00:29:15,142 I discharge just as much waste water in the sewer if I want. 365 00:29:15,222 --> 00:29:17,062 Germany is a constitutional state. 366 00:29:17,142 --> 00:29:20,782 Here you get personal problems with it, I tell you. 367 00:29:20,862 --> 00:29:23,902 No. No, let me tell you something. 368 00:29:35,422 --> 00:29:36,822 Bernd? 369 00:29:37,222 --> 00:29:40,355 Are you waiting for me again? Don't you have anything better to do? 370 00:29:40,982 --> 00:29:43,182 Do you mingle with the common people? 371 00:29:43,262 --> 00:29:45,822 I had a little problem. -Oh yes? 372 00:29:46,422 --> 00:29:48,022 Not the new law after all? 373 00:29:50,302 --> 00:29:52,542 Why don't we know this? Unheard of. 374 00:29:52,622 --> 00:29:56,622 I've been left out. It has been secretly prepared... 375 00:29:56,702 --> 00:29:59,382 and accepted yesterday. A dirty trick. 376 00:29:59,462 --> 00:30:02,422 Mittendorf does this purely to bother me. 377 00:30:02,502 --> 00:30:04,662 We can't do anything. -That's right. 378 00:30:04,742 --> 00:30:09,022 A fund must now be economic and... be a civil share owner. 379 00:30:09,102 --> 00:30:11,502 It cannot have two owners. 380 00:30:11,582 --> 00:30:14,662 No cum-ex deals with German shares. 381 00:30:19,862 --> 00:30:23,502 We have to do something different. -What? Look around you. 382 00:30:23,582 --> 00:30:26,382 52 employees and a three-storey office 383 00:30:26,462 --> 00:30:29,062 you don't pay for it with some tax advice. 384 00:30:30,582 --> 00:30:32,582 What are you going to do? -Think it over. 385 00:30:44,342 --> 00:30:48,182 She fell asleep in my arms. So I couldn't just leave. 386 00:30:48,262 --> 00:30:51,622 I had to wait for her to move. So I could leave. 387 00:30:52,222 --> 00:30:55,862 Hello. guys. How are you? Nice to see you. 388 00:30:55,942 --> 00:30:57,742 Are the kids okay? 389 00:30:59,022 --> 00:31:00,422 Fine, thank you. 390 00:31:00,982 --> 00:31:03,982 Syed, I looked at your offer again. 391 00:31:04,062 --> 00:31:07,782 It is indeed very difficult to turn that down. 392 00:31:08,942 --> 00:31:12,822 Yes. it was therefore very generous. -Yes, absolutely. 393 00:31:12,902 --> 00:31:17,382 But unfortunately it is now off the table. The offer has expired. 394 00:31:20,102 --> 00:31:23,342 Gentlemen. excuse me for a moment. Schubert? 395 00:31:27,542 --> 00:31:30,262 And why? -Because of the new law. 396 00:31:31,262 --> 00:31:33,742 Germany no longer offers me anything. 397 00:31:33,822 --> 00:31:38,862 Other countries have much more flexible tax laws. 398 00:31:38,942 --> 00:31:40,382 Yes. absolute. 399 00:31:41,622 --> 00:31:45,262 That's why I have too brought along a few other ideas. 400 00:31:45,342 --> 00:31:48,422 How we can continue to do business. 401 00:31:48,502 --> 00:31:52,942 Especially in emerging markets I see great profit opportunities. 402 00:31:57,182 --> 00:31:58,582 Very interesting. 403 00:31:59,102 --> 00:32:01,835 I'll put it on top of my reading pile, Sven. 404 00:32:04,222 --> 00:32:06,542 I'll call you. -Yes. just call me. 405 00:32:12,662 --> 00:32:14,742 Here. This is for you, Grandpa. 406 00:32:16,222 --> 00:32:17,622 Thank you, dear. 407 00:32:19,022 --> 00:32:21,182 What are you doing? -Well. 408 00:32:21,862 --> 00:32:23,542 To be honest... 409 00:32:24,542 --> 00:32:26,809 I wonder that myself now. 410 00:32:27,422 --> 00:32:31,662 How much longer do you have to work? -Very long. Until I retire. 411 00:32:32,502 --> 00:32:34,502 And when are you going to retire? 412 00:32:36,062 --> 00:32:39,262 Hopefully that will last a long time. -How nice. 413 00:32:43,342 --> 00:32:44,742 Retirement... 414 00:32:47,622 --> 00:32:49,262 Retirement. 415 00:33:09,342 --> 00:33:14,342 American pension funds do not need to no withholding tax to be withheld. 416 00:33:14,422 --> 00:33:17,382 That makes them ideal for our purposes. 417 00:33:17,462 --> 00:33:21,542 Kilchberger collects money from investors through the Hamilton Fund... 418 00:33:21,622 --> 00:33:25,422 this is then done via swap contracts as subordinated debt... 419 00:33:25,502 --> 00:33:28,902 to pension funds be transferred... 420 00:33:28,982 --> 00:33:31,102 to be further traded. 421 00:33:32,182 --> 00:33:34,342 Yes. Super. 422 00:33:35,502 --> 00:33:38,542 In the US one person can open a pension fund. 423 00:33:38,622 --> 00:33:42,182 Through the 401L Plan. We only need one straw man. 424 00:33:42,262 --> 00:33:45,902 Köhler has this at least 50 million has already been pledged. 425 00:33:45,982 --> 00:33:48,142 I don't want to spoil the fun. 426 00:33:48,222 --> 00:33:52,062 But the intention of the new German law is clear. 427 00:33:55,862 --> 00:33:58,462 We can't do it anyway to love the stupid. 428 00:33:58,542 --> 00:34:03,222 This is Mr. Eppler. He's new here, from Compliance. 429 00:34:06,382 --> 00:34:09,742 You know the tax court ruling of March 27, 2007? 430 00:34:09,822 --> 00:34:13,182 That doesn't mean anything to me. -The verdict clearly states... 431 00:34:13,262 --> 00:34:16,582 that only the wording of a law matters. 432 00:34:16,662 --> 00:34:19,302 Not the intention with which it was drawn up. 433 00:34:19,382 --> 00:34:21,862 This is not a poetry analysis. Mr. Eppler. 434 00:34:21,942 --> 00:34:25,382 It is a huge economic and legal problem risk for the bank. 435 00:34:25,462 --> 00:34:30,142 Do you think a tax inspector says: No, we won't pay for that? 436 00:34:30,222 --> 00:34:34,702 I worked for the tax authorities for a long time. -That exemption is to prevent... 437 00:34:34,782 --> 00:34:39,662 that American pensioners being double taxed... 438 00:34:39,742 --> 00:34:44,302 and not to double down on investors to pay back. That's immoral. 439 00:34:44,382 --> 00:34:49,422 Then we have to abolish money and return to barter. 440 00:34:49,502 --> 00:34:52,622 If anyone here has one has a problem with... 441 00:34:52,702 --> 00:34:57,302 that there will be fewer kindergartens built because of us, he can go. 442 00:35:01,422 --> 00:35:05,742 Okay. Shall we take a break? of ten minutes? 443 00:35:29,142 --> 00:35:31,462 Are you looking for something? -My glasses. 444 00:35:31,542 --> 00:35:32,942 There he lies. 445 00:35:34,462 --> 00:35:37,702 Thank you. Without glasses I'm as blind as a mole. 446 00:35:49,462 --> 00:35:52,262 Then I would say: continue with the text. 447 00:35:55,102 --> 00:35:58,022 Before we continue. I just want to let you know... 448 00:35:58,102 --> 00:36:02,302 that Mr. Lebert just told me has threatened, in the toilet. 449 00:36:04,102 --> 00:36:05,502 :: Excuse me? 450 00:36:07,502 --> 00:36:10,062 That's a really amusing idea. Mr. Eppler. 451 00:36:10,142 --> 00:36:14,222 That I could threaten you. -I heard it clearly. 452 00:36:14,742 --> 00:36:19,942 Is this a tactical move? to discredit us? 453 00:36:20,022 --> 00:36:22,489 I don't understand what this is about either. 454 00:36:22,742 --> 00:36:27,662 If we treat each other like this. With mutual insinuations... 455 00:36:28,622 --> 00:36:30,289 Then I don't know either. 456 00:36:31,702 --> 00:36:33,662 Well. Okay, good. 457 00:36:34,222 --> 00:36:38,142 Maybe we can now discuss the Hamilton Fund? 458 00:36:49,182 --> 00:36:54,222 Sometimes it can be beneficial to keep an eye on your surroundings. 459 00:36:55,462 --> 00:36:58,862 Why do you say that? -I mean it in general. 460 00:37:01,902 --> 00:37:04,142 Are you trying to threaten me? 461 00:37:05,822 --> 00:37:09,342 That would never cross my mind. I just mean... 462 00:37:12,342 --> 00:37:16,902 Be at Schläppistrasse 21 your wife and you are not very well protected. 463 00:37:20,382 --> 00:37:23,422 Never do that again. We don't do things like that. 464 00:37:23,502 --> 00:37:28,862 It's not about whether it works. We don't do things like that. Period. 465 00:37:34,462 --> 00:37:36,542 I'll arrange it for the day after tomorrow. 466 00:37:36,622 --> 00:37:39,982 That will work, right? -Of course. 467 00:37:41,342 --> 00:37:42,742 Minister. 468 00:37:43,342 --> 00:37:46,542 Inger? -I'm sorry to bother you. 469 00:37:47,582 --> 00:37:51,182 But I don't know what to do anymore. I am Inger Brogger. 470 00:37:51,262 --> 00:37:54,822 Head of the Dividends Department at the tax authorities. 471 00:37:54,902 --> 00:37:58,342 It's about tax fraud. It's billions. 472 00:37:58,422 --> 00:38:00,342 Just write an email. 473 00:38:00,422 --> 00:38:05,902 I've already written thirteen emails. -What are you doing? Inger? 474 00:38:09,062 --> 00:38:12,342 I tell you that Denmark is being looted... 475 00:38:12,422 --> 00:38:15,502 by international investors, without supervision. 476 00:38:15,582 --> 00:38:19,742 Refunds are skyrocketing and we pay them blindly. 477 00:38:19,822 --> 00:38:23,942 I can't use this stress right now. -I'm stressed too. 478 00:38:24,022 --> 00:38:26,782 The door to the Danish treasury is wide open... 479 00:38:26,862 --> 00:38:28,795 and only you can close it. 480 00:38:30,622 --> 00:38:35,022 Times have changed. The ancient world was full of distrust. 481 00:38:35,102 --> 00:38:37,782 But we live in a new world now. 482 00:38:37,862 --> 00:38:41,177 Dams must go. So that the water can flow freely. 483 00:38:41,302 --> 00:38:42,702 It's better this way. 484 00:38:59,462 --> 00:39:00,862 Sven? -Yes? 485 00:39:00,942 --> 00:39:02,342 You have visitors. 486 00:39:04,182 --> 00:39:05,582 I'm coming. 487 00:39:10,662 --> 00:39:12,062 What are you doing here? 488 00:39:13,262 --> 00:39:16,382 I couldn't reach you. -Can I bring you something? 489 00:39:16,462 --> 00:39:20,462 A cappuccino? Water? Juice? Coffee? Tea? 490 00:39:22,062 --> 00:39:23,462 Thank you. 491 00:39:28,622 --> 00:39:30,022 What is? 492 00:39:30,662 --> 00:39:33,795 How did you get here? -Your father has cancer. 493 00:39:34,862 --> 00:39:36,262 Prostate cancer. 494 00:39:44,782 --> 00:39:46,462 You look good. 495 00:39:49,302 --> 00:39:50,969 Would you like to see my office? 496 00:39:51,862 --> 00:39:55,182 Come, I'll show you. -Boy. anyway. 497 00:40:08,742 --> 00:40:10,782 Mikkel, stop. Stop it. 498 00:40:10,862 --> 00:40:15,462 Time for our share of the pie. -You can't come in. 499 00:40:15,542 --> 00:40:18,422 Listen. I have it all figured out. 500 00:40:18,502 --> 00:40:20,942 What have you figured out? -Everything. 501 00:40:21,022 --> 00:40:25,142 It's all here. -Calm down now. What... 502 00:40:25,222 --> 00:40:28,102 Our request for a tax refund. -No. Mikkel. 503 00:40:28,182 --> 00:40:30,542 That's not possible. -To help you. 504 00:40:30,622 --> 00:40:33,182 I don't want this. That's how you ruin everything. 505 00:40:34,822 --> 00:40:37,022 You have to respect that, okay? 506 00:40:37,102 --> 00:40:40,969 Go home. You can't be here. -Excuse me. 507 00:40:42,102 --> 00:40:45,169 I'll never bother you with it again. Never again. 508 00:40:52,382 --> 00:40:53,782 What happened? 509 00:41:11,542 --> 00:41:12,942 Hello. -Hello. 510 00:41:16,302 --> 00:41:17,782 Come in. 511 00:41:25,102 --> 00:41:26,982 You must understand... 512 00:41:28,342 --> 00:41:32,622 that I came here, because I feel powerless. 513 00:41:38,142 --> 00:41:42,422 It's like this. Our entire archive has been destroyed. 514 00:41:42,502 --> 00:41:45,502 Our department becomes further and further reduced. 515 00:41:46,022 --> 00:41:49,382 We can just do our job no longer do well. 516 00:41:50,222 --> 00:41:52,982 We're drowning in the refund applications. 517 00:41:53,062 --> 00:41:54,662 We pay them blind. 518 00:41:54,742 --> 00:41:57,502 Because we have the names of the investors don't know. 519 00:41:57,582 --> 00:42:00,622 A lot of money. 520 00:42:01,982 --> 00:42:03,702 No, okay, that sounds... 521 00:42:06,942 --> 00:42:08,342 Can you prove that? 522 00:42:10,262 --> 00:42:15,422 I feel like I've discovered that the groundwater is polluted... 523 00:42:15,502 --> 00:42:19,782 but that it is the water company doesn't care about anything. So... 524 00:42:22,222 --> 00:42:28,982 It's difficult for me to publish an article which is purely based on conjecture. 525 00:42:30,662 --> 00:42:35,582 I need original documents. Or something else concrete. 526 00:42:35,662 --> 00:42:38,502 Anyway original tax documents. 527 00:42:40,262 --> 00:42:44,102 Just fill out this form and put your stamp on it. 528 00:42:44,182 --> 00:42:49,342 What exactly do I have to fill in? Which banks do we need? 529 00:42:49,422 --> 00:42:53,702 That Lithuanian bank and that one of the Dominican Republic. 530 00:42:53,782 --> 00:42:57,982 Shares held in those countries traded are untraceable. 531 00:42:58,062 --> 00:43:02,062 That's for sure. -How do we explain those amounts? 532 00:43:02,142 --> 00:43:03,542 Like poker winnings. 533 00:43:05,302 --> 00:43:07,969 I can't play poker. -I'll teach you that. 534 00:43:08,342 --> 00:43:11,622 I play online now. That is very popular. 535 00:43:11,702 --> 00:43:13,622 This isn't going to work. 536 00:43:13,702 --> 00:43:16,182 Selin In vest, is that us? -Yes. 537 00:43:47,782 --> 00:43:51,822 German tax authorities office... 538 00:44:01,022 --> 00:44:05,262 Department capital gains tax abroad 539 00:44:12,422 --> 00:44:16,022 Tax employee Anna Nowak... 540 00:44:27,155 --> 00:44:30,902 income from pension fund, Dividend Hamilton Fund... 541 00:44:30,982 --> 00:44:33,182 corrected amounts