1 00:00:02,120 --> 00:00:05,280 We recently uncovered a man we misplaced in Moscow. 2 00:00:09,320 --> 00:00:12,080 Oscar is dead. I know he's dead. 3 00:00:12,080 --> 00:00:13,760 I've missed you. I have to go. 4 00:00:13,760 --> 00:00:17,640 There is someone who was working with Hugo Prince at the time. 5 00:00:17,640 --> 00:00:20,080 Connie. You and he were quite close, weren't you? 6 00:00:20,080 --> 00:00:23,480 Hardly knew him. Somebody has been talking to the Russians. 7 00:00:23,480 --> 00:00:26,400 The Kremlin is attempting to destabilise this country, 8 00:00:26,400 --> 00:00:28,640 which is a stepping stone on Russia's path 9 00:00:28,640 --> 00:00:31,600 towards becoming the world's first energy superpower. 10 00:00:35,600 --> 00:00:39,320 'The Bank of England has today ceased to prop up the financial markets, 11 00:00:39,320 --> 00:00:42,600 'sparking fears the reserves have reached a critical low. 12 00:00:42,600 --> 00:00:45,360 'Chancellor of the Exchequer, Gillian Calderwood, 13 00:00:45,360 --> 00:00:47,840 'defended Britain's financial prospects.' 14 00:00:47,840 --> 00:00:50,760 'I believe Britain is weathering the storm. 15 00:00:50,760 --> 00:00:53,280 'The worst of the credit crunch is now behind us. 16 00:00:53,280 --> 00:00:58,840 'There are no more losses to uncover, no more grounds for runs on banks. 17 00:00:58,840 --> 00:01:05,480 'So my message to the British public is to have confidence in us and confidence in themselves. 18 00:01:05,480 --> 00:01:09,760 'Together, we are putting Britain back on track.' 19 00:01:09,760 --> 00:01:13,960 'The spectre of rising inflation is haunting the world's leading economists.' 20 00:01:13,960 --> 00:01:17,920 'Companies that sent out a consumer consensus say that confidence is weak, 21 00:01:17,920 --> 00:01:22,720 'and there have been some statistics showing that spending in the capital is now weak.' 22 00:01:22,720 --> 00:01:26,960 'Economic growth is slowing, fears of stagflation, stagnant growth 23 00:01:26,960 --> 00:01:29,360 'combined with accelerating inflation...' 24 00:01:29,360 --> 00:01:33,720 'Inflation is now well above the Government's target of just 2%.' 25 00:01:33,720 --> 00:01:37,560 Chancellor, you've met Francis Denham, Chairman of Highland Life Bank. 26 00:01:37,560 --> 00:01:40,280 Chancellor. Thanks. 27 00:01:40,280 --> 00:01:42,480 The reason we've asked you here today 28 00:01:42,480 --> 00:01:46,920 is this man. Alexis Meynell, one of the richest financiers in the world. 29 00:01:46,920 --> 00:01:53,880 City legend is he made his first big deal with a huge bet against airline stocks, the morning of 9/11. 30 00:01:53,880 --> 00:01:58,200 As the second plane ploughed into its target, Meynell made £15 billion. 31 00:01:58,200 --> 00:02:01,560 Since then, he's become the world's biggest financial vulture. 32 00:02:01,560 --> 00:02:05,000 If an economy is weak, he preys on it. 33 00:02:05,000 --> 00:02:07,760 'Higher inflation means bigger bills.' 34 00:02:07,760 --> 00:02:12,480 'The banks have made unwise lending decisions that were taken overseas...' 35 00:02:12,480 --> 00:02:16,000 '..the downward part of that boom-bust cycle 36 00:02:16,000 --> 00:02:18,720 'that we can expect to see...' 37 00:02:18,720 --> 00:02:21,600 His method is to start runs on banks, spreading rumours 38 00:02:21,600 --> 00:02:25,480 that a bank's in trouble, causing depositors to withdraw their money. 39 00:02:25,480 --> 00:02:29,400 He then places a bet that the value of the bank's share price will collapse. 40 00:02:29,400 --> 00:02:32,560 While others lose everything, he walks away with millions. 41 00:02:32,560 --> 00:02:35,840 Insider trading. On a vast scale. 42 00:02:35,840 --> 00:02:38,800 We know his target's Francis's bank, Highland Life. 43 00:02:38,800 --> 00:02:41,880 But he's too clever to leave a trail of evidence. 44 00:02:41,880 --> 00:02:45,440 So I've sent my section chief, undercover, to find some. 45 00:02:45,440 --> 00:02:48,840 '..that's leading the fall in the housing and property prices, 46 00:02:48,840 --> 00:02:51,160 'which makes us all feel a lot poorer. 47 00:02:51,160 --> 00:02:53,080 Minister, this man is dangerous. 48 00:02:53,080 --> 00:02:57,040 Meynell's bully tactics could cause the whole economy to collapse. 49 00:02:57,040 --> 00:02:58,880 Now he's here. No mobiles, please. 50 00:02:58,880 --> 00:03:04,080 'It's the end of a super pool that has lasted since the end of the Second World War.' 51 00:03:05,760 --> 00:03:07,400 We need you to do exactly as we say. 52 00:03:07,400 --> 00:03:10,640 You need to freeze Meynell's assets before he tries anything. 53 00:03:10,640 --> 00:03:12,400 I can't, without hard evidence. 54 00:03:12,400 --> 00:03:14,400 This is the worst crisis for 80 years. 55 00:03:14,400 --> 00:03:20,240 If Meynell starts a run on Highland Life or any other bank, millions of people will lose everything. 56 00:03:20,240 --> 00:03:24,560 I really think this is a... Minister, my bank holds a million and a half mortgages, 57 00:03:24,560 --> 00:03:28,040 two million savings accounts. I can't let Meynell threaten those. 58 00:03:28,040 --> 00:03:32,160 We'll get you the evidence, but you'll have to freeze Meynell's assets. 59 00:04:00,480 --> 00:04:03,800 Jenny Hunter. Chandler Rouse. 60 00:04:03,800 --> 00:04:05,760 Meynell is obsessively cautious. 61 00:04:05,760 --> 00:04:08,040 But we were able to turn one of his managers. 62 00:04:08,040 --> 00:04:14,640 Soon after that, Asset called to say that he needed to meet. We never saw him alive again. 63 00:04:18,200 --> 00:04:21,000 Your office always sends me Helen Webster. 64 00:04:21,000 --> 00:04:24,200 Helen had to take personal leave, but she's passed me the file 65 00:04:24,200 --> 00:04:26,920 and I'm fully up to date with your tax situation. 66 00:04:30,200 --> 00:04:34,280 Asa...Get Miss Hunter a desk. 67 00:05:11,080 --> 00:05:14,600 This belongs to us. We see everything that goes in or out on it. 68 00:05:14,600 --> 00:05:16,880 All UK tax issues are your responsibility. 69 00:05:16,880 --> 00:05:21,920 Any questions, don't talk to the other managers, come straight to me or Alexis. Glad to be on board. 70 00:05:26,360 --> 00:05:28,200 Yeah... 71 00:05:28,200 --> 00:05:30,520 He burnt out. 72 00:05:34,320 --> 00:05:37,080 Asa, check Miss Hunter's credentials. 73 00:05:37,080 --> 00:05:40,120 Meynell doesn't allow mobile phones in his office. 74 00:05:40,120 --> 00:05:43,360 We've had to improvise a way of getting information in and out. 75 00:05:43,360 --> 00:05:45,440 Take care, Francis. 76 00:05:45,440 --> 00:05:47,800 Thanks, Harry. I knew I could count on you. 77 00:05:47,800 --> 00:05:49,920 We'll work this out. 78 00:05:55,280 --> 00:05:56,360 It's time. 79 00:06:13,840 --> 00:06:17,160 Can I get some coffee? Sure. 80 00:06:17,160 --> 00:06:20,600 A double macchiato with skimmed milk and a shot of hazelnut syrup. 81 00:06:25,120 --> 00:06:29,080 Ben got a coded alert from Ros. Meynell's about to do something. This is it. 82 00:06:29,080 --> 00:06:32,360 He's released a rumour to unsettle the market. 83 00:06:32,360 --> 00:06:34,920 Tell Gillian Calderwood we'll find proof it's him. 84 00:06:34,920 --> 00:06:39,200 'One of the High Street's leading banks is rumoured to be on the brink of collapse. 85 00:06:39,200 --> 00:06:43,640 'City workers arrived at their desks this morning to find an anonymous email...' 86 00:06:43,640 --> 00:06:46,800 Minister, Lucas North. I assume you've seen the latest? 87 00:06:46,800 --> 00:06:49,000 Yes. And I have Francis Denham with me. 88 00:06:49,000 --> 00:06:52,440 We've just issued a statement denying the rumour. 89 00:06:52,440 --> 00:06:57,320 Classic Meynell. Anonymous e-mail containing untraceable allegations against a major bank. 90 00:06:57,320 --> 00:07:01,600 If you can steady the City's nerves, our officer will prove that this is sabotage. 91 00:07:01,600 --> 00:07:04,920 She'd better hurry. In 10 minutes, the market will go haywire. 92 00:07:04,920 --> 00:07:09,000 We've got to freeze his assets. Jo, I need you to get a message to Ros. 93 00:07:09,000 --> 00:07:11,840 We need proof that that e-mail came from Meynell - now. 94 00:07:11,840 --> 00:07:14,720 What do you mean, you've frozen all account transfers? 95 00:07:16,520 --> 00:07:20,480 Everything I have is with you. You must let me! 96 00:07:20,480 --> 00:07:23,400 'The chairman Sir Francis Denham joined the Treasury 97 00:07:23,400 --> 00:07:28,280 'in condemning the anonymous e-mail rumours as malicious lies. 98 00:07:28,280 --> 00:07:34,600 'He insisted his bank was not hiding bad debts or sub prime losses and remained in good health.' 99 00:07:37,120 --> 00:07:38,160 Thanks. 100 00:08:01,120 --> 00:08:03,600 OK, everybody, here we go. 101 00:08:03,600 --> 00:08:08,160 - 'One of the High Street banks is on the brink of collapse.' - Highland Life is dropping. 102 00:08:08,160 --> 00:08:11,080 'City workers arrived at their desks this morning...' 103 00:08:11,080 --> 00:08:14,680 Chancellor, my officer is working to prove that Meynell is launching 104 00:08:14,680 --> 00:08:17,800 these rumours, but you must deal with what's happening now. 105 00:08:17,800 --> 00:08:20,400 He's right. We know what he's trying to do. 106 00:08:20,400 --> 00:08:24,560 You have to calm the market, show some confidence in Highland Life. 107 00:08:24,560 --> 00:08:29,360 We need 10 billion to show the market the economy's too strong to be hurt by rumours. 108 00:08:29,360 --> 00:08:34,560 The Treasury lent 150 billion to High Street banks this year. Anything more, we'll be shutting schools. 109 00:08:37,600 --> 00:08:41,880 You have to do this, Chancellor. It'll cost 10 times as much if the bank collapses. 110 00:08:43,760 --> 00:08:46,800 There's no other way, Gillian, you have to step in. 111 00:08:47,760 --> 00:08:49,760 Come on. 112 00:08:49,760 --> 00:08:51,320 Do something! 113 00:08:54,880 --> 00:09:01,480 Every penny I've saved is with Highland Life. I'm done for. 114 00:09:01,480 --> 00:09:04,320 You're doing the right thing, Gillian. 115 00:09:04,320 --> 00:09:08,640 'Unexpected relief for Highland Life shareholders today with the surprise 116 00:09:08,640 --> 00:09:13,920 'announcement that the Treasury is to back confidence in the troubled bank with an extra £10 billion. 117 00:09:13,920 --> 00:09:20,000 'The Treasury are attempting to quell rumours that Highland Life are sitting on huge undeclared debts.' 118 00:09:20,000 --> 00:09:22,560 Those bastards. 119 00:09:22,560 --> 00:09:26,600 Francis Denham, you have friends in high places. 120 00:09:26,600 --> 00:09:31,560 Excuse me, Alexis, I need you to sign this authorisation so I can put together the return. 121 00:09:33,480 --> 00:09:37,120 I'm assuming we don't share the Government's confidence 122 00:09:37,120 --> 00:09:39,360 that Highland Life's troubles are rumours? 123 00:09:39,360 --> 00:09:41,280 We don't, and we're right. 124 00:09:41,280 --> 00:09:44,720 But if they're willing to match us, we'll have to re-think. 125 00:09:44,720 --> 00:09:48,800 We've already put 8 billion into this. We didn't think they'd stretch to that. 126 00:09:48,800 --> 00:09:52,720 If you're sure Highland Life's in trouble, it doesn't matter how far they go. 127 00:09:52,720 --> 00:09:55,880 They can't lie to the market indefinitely. 128 00:10:02,440 --> 00:10:04,760 My thought exactly. 129 00:10:04,760 --> 00:10:06,760 Double our position. 130 00:10:08,280 --> 00:10:10,640 We can't do that! You heard me. 131 00:10:10,640 --> 00:10:16,120 They're willing to go to 10, we go to 16. They go to 16, we go to 32. 132 00:10:16,120 --> 00:10:18,000 We don't stop until they run out! 133 00:10:18,000 --> 00:10:20,880 If the price keeps recovering, we are destroyed! 134 00:10:20,880 --> 00:10:26,320 Come on, Asa, where are your balls, eh? 135 00:10:26,320 --> 00:10:29,760 Where are all your balls? 136 00:10:29,760 --> 00:10:32,440 Now, this is what we do. 137 00:10:33,960 --> 00:10:37,040 We are the forces that drive this market. 138 00:10:39,960 --> 00:10:45,880 This is us versus the establishment. Our truth versus their lies! 139 00:10:50,120 --> 00:10:52,080 Yes? 140 00:11:12,240 --> 00:11:14,120 Put me through to the brokers. 141 00:11:14,120 --> 00:11:18,560 Alexis would like you to double our position against Highland Life. 142 00:11:18,560 --> 00:11:22,200 That's right, 16 billion. 143 00:11:22,200 --> 00:11:24,320 Just do it, please. 144 00:11:26,240 --> 00:11:28,600 'House prices could tumble by as much as a third.' 145 00:11:28,600 --> 00:11:30,880 'A hundred, or even two hundred billion.' 146 00:11:30,880 --> 00:11:34,600 What's happening now? The price is crashing! This is him again. 147 00:11:34,600 --> 00:11:37,960 This is Meynell trying to show he's big enough to move the market. 148 00:11:37,960 --> 00:11:39,480 But you have to match him. 149 00:11:39,480 --> 00:11:43,400 The only way to stop this is to show you're not scared. You can't back down. 150 00:11:43,400 --> 00:11:46,080 Not now we've come this far. 151 00:11:50,680 --> 00:11:52,160 Gillian? 152 00:11:52,160 --> 00:11:54,880 I'm sorry, Francis. There's nothing left. 153 00:11:54,880 --> 00:11:56,880 You're abandoning me? 154 00:11:56,880 --> 00:12:00,640 I can suspend trading in Highland Life shares for 24 hours. 155 00:12:00,640 --> 00:12:04,200 The whole thing will start again tomorrow. My bank will be ruined. 156 00:12:04,200 --> 00:12:08,320 There's nothing else I can do. I simply don't have the money. 157 00:12:11,160 --> 00:12:13,720 Now, we wait. 158 00:12:19,400 --> 00:12:23,520 'Fresh concern for the two million homeowners with Highland Life mortgages, 159 00:12:23,520 --> 00:12:27,960 'with news that the Government has suspended trading shares in the troubled bank.' 160 00:12:51,680 --> 00:12:54,640 Comes to something when you leave for work in the morning 161 00:12:54,640 --> 00:12:58,840 after 30 years in the service and find yourself manhandled back by your own side. 162 00:12:58,840 --> 00:13:02,800 If I suspect you of being part of a possible security breach... 163 00:13:02,800 --> 00:13:07,920 Security breach?! ..then I have to exclude you from the grid and deny you access to communication. 164 00:13:07,920 --> 00:13:12,440 Let's let them get on with their job. I think we both know the outcome we're hoping for. 165 00:13:12,440 --> 00:13:16,400 So far, everything about her seems fine. 166 00:13:16,400 --> 00:13:19,960 She's got glowing references wherever she's been. 167 00:13:19,960 --> 00:13:21,920 Almost too perfect. 168 00:13:29,360 --> 00:13:34,560 So...where were you before Chandler Rouse? 169 00:13:36,080 --> 00:13:40,080 Different places. I spent quite a long time in the Cayman Islands. 170 00:13:40,080 --> 00:13:45,920 The Caymans? Then you must have come across Freddie Vincent - of the Equity Partnership? 171 00:13:45,920 --> 00:13:50,480 Oh, yeah, everybody knows Freddie. Great, why don't I e-mail him? 172 00:13:50,480 --> 00:13:53,760 I think he's in town. He's due at an event I'm holding later. 173 00:13:53,760 --> 00:13:57,920 If you wanted to catch up with him, you could come too. Alexis? 174 00:13:57,920 --> 00:13:59,640 Yes? 175 00:14:01,160 --> 00:14:04,480 Sounds lovely. Why don't you see if his partner's around? 176 00:14:06,160 --> 00:14:09,200 Alexis! They've blinked! 177 00:14:09,200 --> 00:14:11,040 Quickly, turn it up. 178 00:14:11,040 --> 00:14:15,720 'It seems that despite their wish not to be dictated to by what one insider described 179 00:14:15,720 --> 00:14:19,160 'as false and malicious rumour-mongering, the Treasury decided 180 00:14:19,160 --> 00:14:23,080 'it had no option except to freeze all trading on the bank's shares. 181 00:14:23,080 --> 00:14:25,040 'This can only be a temporary measure. 182 00:14:25,040 --> 00:14:31,720 'Pressure remains on Highland Life to open its accounts and prove that it's not hiding undisclosed losses. 183 00:14:31,720 --> 00:14:36,200 'That pressure will intensify once trading resumes in its shares tomorrow morning.' 184 00:14:37,160 --> 00:14:43,440 So...we were right. 185 00:14:43,440 --> 00:14:47,720 Yes. But I didn't have to put eight billion on it. 186 00:14:53,480 --> 00:14:56,320 All right, playtime's over. Let's get back to work. 187 00:15:09,920 --> 00:15:11,960 Alexis? You forgot this. 188 00:15:11,960 --> 00:15:16,120 Where are you going? Guilty habit. 189 00:15:16,120 --> 00:15:17,960 I'll come too. 190 00:15:23,200 --> 00:15:24,720 Only be a minute. 191 00:15:31,480 --> 00:15:32,720 METAL DETECTOR BLEEPS 192 00:15:35,160 --> 00:15:37,000 It's these earrings. 193 00:15:47,360 --> 00:15:50,520 'The Governor of the Bank of England wrote to the Chancellor, 194 00:15:50,520 --> 00:15:54,120 'explaining why inflation is so high and what's being done about it.' 195 00:15:54,120 --> 00:15:57,680 She's got Meynell with her, we'll have to improvise. So what's next? 196 00:15:57,680 --> 00:16:01,040 We settle up, or stay in and hope the price keeps falling? 197 00:16:01,040 --> 00:16:02,560 I've got them in sight. 198 00:16:03,880 --> 00:16:05,880 You're very inquisitive, aren't you? 199 00:16:05,880 --> 00:16:08,080 I am about tax, yes. 200 00:16:09,880 --> 00:16:12,760 Well, what happens next 201 00:16:12,760 --> 00:16:17,760 is that we watch Gillian Calderwood wriggle. 202 00:16:19,560 --> 00:16:21,440 Allow me. 203 00:16:30,320 --> 00:16:35,360 So you don't mind if Highland Life collapses, taking half the banking system with it? 204 00:16:35,360 --> 00:16:40,960 Are you seriously asking me to feel sorry for a politician who'd sell us all for a thousand votes? 205 00:16:40,960 --> 00:16:46,360 For fat cat board members raking in enormous salaries for doing absolutely nothing? 206 00:16:51,840 --> 00:16:55,160 Ah! It's empty. 207 00:16:55,160 --> 00:16:56,920 I never drop litter. 208 00:17:07,120 --> 00:17:08,400 She's made the drop. 209 00:17:09,960 --> 00:17:13,200 What's Francis Denham doing here? Jo, be quick! 210 00:17:19,720 --> 00:17:21,560 Jo, make the drop! 211 00:17:21,560 --> 00:17:24,520 Jo, get out - Denham's behind you! 212 00:17:31,720 --> 00:17:33,760 Are you scared? 213 00:17:33,760 --> 00:17:36,240 I've come to ask you to stop what you're doing. 214 00:17:37,160 --> 00:17:43,120 Look at you, you pathetic, self-interested little man. 215 00:17:43,120 --> 00:17:45,720 You played the market and now you've lost. 216 00:17:45,720 --> 00:17:49,480 Even if I've made mistakes, millions will suffer if my bank collapses. 217 00:17:49,480 --> 00:17:55,040 People who don't deserve to. They were your responsibility, not mine. 218 00:17:55,040 --> 00:17:58,120 Please...I'll do anything. 219 00:17:58,120 --> 00:17:59,560 Don't touch me! 220 00:18:05,440 --> 00:18:09,240 Now, I have work to do. 221 00:18:14,960 --> 00:18:16,520 Shall we? 222 00:18:28,280 --> 00:18:30,440 Malcolm, do a search. 223 00:18:30,440 --> 00:18:34,520 Anything relating to Highland Life. I need something to shut him down. 224 00:18:45,000 --> 00:18:46,760 Jo, everything all right? 225 00:18:47,800 --> 00:18:52,800 Fine. We had to improvise, but Meynell didn't notice. 226 00:18:52,800 --> 00:18:54,280 It's found nothing. 227 00:18:54,280 --> 00:18:58,840 This can trawl incoming, sent and deleted items for keywords and related variations. 228 00:18:58,840 --> 00:19:00,600 It's found nothing. 229 00:19:00,600 --> 00:19:04,200 Whatever sabotage e-mails he sent, he didn't do it from this account. 230 00:19:04,200 --> 00:19:08,400 Right, I think it's time I paid a visit to Meynell's office. 231 00:19:08,400 --> 00:19:13,920 'Harry Pearce, please leave a message.' Harry, it's Francis. I need to see you. Usual place. 232 00:19:13,920 --> 00:19:18,760 The situation is worse than I admitted, a lot worse. 233 00:19:18,760 --> 00:19:21,440 I'm afraid I may have destroyed everything. 234 00:19:30,800 --> 00:19:32,240 No, we found nothing, sir. 235 00:19:32,240 --> 00:19:33,640 Thank you. 236 00:19:41,640 --> 00:19:44,360 So, is that it? Is this over now? 237 00:19:45,680 --> 00:19:49,880 Harry, I don't know what theory this is part of, or what you've got on your mind... 238 00:19:49,880 --> 00:19:52,240 Do you want to know what's on my mind, Connie? 239 00:19:53,280 --> 00:19:56,040 You and Hugo Prince. 240 00:19:59,120 --> 00:20:02,560 But then, you barely knew him, did you? 241 00:20:05,840 --> 00:20:09,200 If I lied to you about Hugo Prince, it was because it was private. 242 00:20:10,960 --> 00:20:13,880 Then you don't deny that you had a long-standing affair with him? 243 00:20:15,400 --> 00:20:17,440 I know what you're implying. 244 00:20:17,440 --> 00:20:21,240 But unlike you, Hugo knew when to stop. 245 00:20:21,240 --> 00:20:25,280 Whatever time we had, he didn't spend it talking about work. 246 00:20:25,280 --> 00:20:28,000 How sweet. It's true. 247 00:20:28,000 --> 00:20:30,320 And I might even believe it, 248 00:20:30,320 --> 00:20:33,000 if it weren't the case that there's no other explanation. 249 00:20:34,520 --> 00:20:39,000 For what? What did he tell you, Connie, about operations he and I worked on together? 250 00:20:39,000 --> 00:20:41,360 Nothing, Harry, nothing. 251 00:20:41,360 --> 00:20:43,400 What did he pass to you? 252 00:20:43,400 --> 00:20:46,040 Harry, I don't deserve to be talked to like this. 253 00:20:46,040 --> 00:20:47,800 What did he pass to you? Harry... 254 00:20:47,800 --> 00:20:52,080 Don't! Because whatever it was, I will not allow you to jeopardise the operation he and I worked on. 255 00:20:52,080 --> 00:20:54,040 Fine. 256 00:20:54,040 --> 00:20:56,520 Do you want to see it? 257 00:20:56,520 --> 00:20:59,600 Do you want to see the only thing... 258 00:20:59,600 --> 00:21:01,880 Hugo Prince ever gave me? 259 00:21:01,880 --> 00:21:03,840 I was summoned to his hospital bed. 260 00:21:03,840 --> 00:21:06,480 I thought it might be for some declaration of love, 261 00:21:06,480 --> 00:21:09,880 or a meaningful token by which I could remember what we had. But... 262 00:21:09,880 --> 00:21:15,840 of course, that wasn't Hugo's way. All I got was a pat on the bum and this tacky souvenir. 263 00:21:17,200 --> 00:21:18,960 Harry! 264 00:21:29,640 --> 00:21:32,920 I promise you, I've never seen that before in my life. 265 00:21:32,920 --> 00:21:35,960 'Hello, Harry, it's Hugo. 266 00:21:35,960 --> 00:21:39,640 'If you're listening to this, it's because there's been a breach. 267 00:21:41,800 --> 00:21:44,600 'I think you'll know what I'm talking about. 268 00:21:44,600 --> 00:21:49,560 'And if that's happened, then I know my relationship with Connie will have placed her under suspicion. 269 00:21:51,080 --> 00:21:53,640 'That's why I've left you this message. 270 00:21:53,640 --> 00:21:58,120 'Because I want you to be sure that at no time did I ever mention to Connie, 271 00:21:58,120 --> 00:22:02,600 'or pass on to her, anything relating to the matters we worked on. 272 00:22:04,120 --> 00:22:07,600 'Though I never told her, Connie was the most precious thing to me. 273 00:22:07,600 --> 00:22:09,640 'Maybe the most precious thing of all. 274 00:22:09,640 --> 00:22:13,760 'And I know my selfishness caused her enough harm while I was alive. 275 00:22:13,760 --> 00:22:19,000 'And I couldn't bear to leave her vulnerable, now that I'm going. 276 00:22:20,120 --> 00:22:22,320 'I hope you understand.' 277 00:22:37,040 --> 00:22:39,480 It's all right, Harry. I understand. 278 00:22:41,360 --> 00:22:43,160 I know you had to do it. 279 00:23:04,400 --> 00:23:06,160 ANSWERPHONE: First new message. 280 00:23:06,160 --> 00:23:11,120 'Harry, it's Francis, I need to see you. Usual place. Message deleted. Next new message. 281 00:23:11,120 --> 00:23:15,720 'Harry, are you there? Please call me back... Message deleted. Next new message. 282 00:23:15,720 --> 00:23:21,040 'Usual place. Please, I need to speak to you... Harry, please return my call. 283 00:23:21,040 --> 00:23:23,640 'Harry? 284 00:23:23,640 --> 00:23:27,440 'Please, Harry, please! Call me back, call me. 285 00:23:27,440 --> 00:23:31,680 'I need to speak to you... End of messages.' 286 00:23:36,160 --> 00:23:37,200 Francis? 287 00:23:42,320 --> 00:23:43,720 Francis! 288 00:23:56,240 --> 00:24:01,600 'Concern has been expressed today that the apparent suicide of Highland Life president Francis Denham 289 00:24:01,600 --> 00:24:06,520 'may signal a tragic turning point for Britain's economic outlook.' 290 00:24:06,520 --> 00:24:07,960 'Lucas, we have a problem.' 291 00:24:07,960 --> 00:24:14,280 Francis Denham is dead, suicide. There's something he wasn't telling us. Get to Ros, fast. 292 00:24:17,920 --> 00:24:21,320 'Anxious members of the public queued for hours today 293 00:24:21,320 --> 00:24:23,280 'trying to withdraw their savings 294 00:24:23,280 --> 00:24:26,360 'from the troubled high street bank, Highland Life...' 295 00:24:26,360 --> 00:24:31,720 HE SPEAKS RUSSIAN 296 00:24:40,960 --> 00:24:44,000 Alexis, if she's distracting you, get rid of her. 297 00:24:44,000 --> 00:24:46,560 She's not distracting me. 298 00:24:46,560 --> 00:24:48,600 This is not the time. 299 00:24:48,600 --> 00:24:50,280 She intrigues me. 300 00:25:03,200 --> 00:25:05,240 Delivered in person. 301 00:25:17,800 --> 00:25:19,360 Pete... 302 00:25:19,360 --> 00:25:21,040 Thank you, darling. 303 00:25:28,400 --> 00:25:32,920 There was nothing on the SIM card, the Treasury are going crazy. People are trying to withdraw money. 304 00:25:32,920 --> 00:25:37,520 Calderwood says that they don't have enough funds to save the bank. We need to prove what Meynell's up to, 305 00:25:37,520 --> 00:25:40,000 so you'll have to get closer to him. A lot closer. 306 00:25:40,000 --> 00:25:43,040 The last person we said that to ended up face down in the Thames. 307 00:25:43,040 --> 00:25:44,720 Well, that last person wasn't you. 308 00:25:44,720 --> 00:25:48,920 Thanks for your concern, though I'm not sure you pitching up here as my boyfriend is going to help. 309 00:25:48,920 --> 00:25:51,800 Come on, Ros, you know what men are like. It's all in the challenge. 310 00:25:53,720 --> 00:25:56,520 Alexis, this is my partner, Pete. 311 00:25:56,520 --> 00:26:00,160 Fiance Pete, hi. Sorry, I'm still not used to saying that. 312 00:26:00,160 --> 00:26:02,480 Oh, you don't wear an engagement ring either. 313 00:26:02,480 --> 00:26:04,520 Well, we haven't been out to choose one yet. 314 00:26:04,520 --> 00:26:08,440 You know, I don't normally allow visitors into my place of work. 315 00:26:08,440 --> 00:26:11,240 Oh, I'm sorry. I just popped in because I work around the corner. 316 00:26:11,240 --> 00:26:15,880 Where would that be? At what some might call a proper bank, Zurich International. Right. 317 00:26:15,880 --> 00:26:19,760 Then you'll have received my invitation to the little fundraiser later? 318 00:26:19,760 --> 00:26:23,680 Well, my PA doesn't always pass on social stuff. It's not social. 319 00:26:23,680 --> 00:26:28,280 I'm launching the British arm of my charitable foundation. 320 00:26:28,280 --> 00:26:32,960 And I know Zurich take philanthropy very seriously. 321 00:26:32,960 --> 00:26:35,120 Well, in that case, how can I refuse? 322 00:26:35,120 --> 00:26:37,920 Good. Shall we? 323 00:26:37,920 --> 00:26:40,440 See you later. 324 00:26:42,560 --> 00:26:45,120 That guy who just came in, I recognise him. 325 00:26:45,120 --> 00:26:48,160 I don't think it's from the City. Dig. 326 00:26:48,160 --> 00:26:50,720 Find out everything you can. 327 00:26:53,400 --> 00:26:58,400 'The close of yet another turbulent day for the market saw Highland Life share prices at an all-time low, 328 00:26:58,400 --> 00:27:00,720 'amid concerns for the troubled bank's future. 329 00:27:00,720 --> 00:27:04,080 'We've got less in the basket, we have to make, basic cuts. 330 00:27:04,080 --> 00:27:08,360 'There are widespread reports that inflation is up...' 331 00:27:29,320 --> 00:27:31,320 You need to countersign the return. 332 00:27:31,320 --> 00:27:33,320 No problem. 333 00:27:44,560 --> 00:27:49,600 City shorthand. Basically, Meynell's switching position on Highland Life. This morning, he was betting 334 00:27:49,600 --> 00:27:52,680 that the value would go down. Now, he's taking billions to buy back in. 335 00:27:52,680 --> 00:27:55,440 Where's he getting so much capital from? Who knows? 336 00:27:56,960 --> 00:28:02,320 What if it's a trap? Even it is, we have to walk into it to find out what's going on. 337 00:28:13,000 --> 00:28:18,040 APPLAUSE 338 00:28:18,040 --> 00:28:24,080 Thank you. Now, it's hard to sell charity to the City at the moment. 339 00:28:24,080 --> 00:28:28,240 Most of you probably feel we should be on the receiving end of it. 340 00:28:28,240 --> 00:28:32,600 But it's easy to give during the good times. 341 00:28:34,800 --> 00:28:36,640 It's now, 342 00:28:36,640 --> 00:28:38,920 in the uncertain ones, 343 00:28:38,920 --> 00:28:42,840 that we can prove that we're serious about helping others. 344 00:28:44,440 --> 00:28:48,160 I set up Freshwater many years ago to help people in real need, 345 00:28:48,160 --> 00:28:52,720 people who aren't going to be concerned by the collapse of a bank. 346 00:28:55,360 --> 00:28:57,960 They don't have bank accounts. 347 00:29:00,520 --> 00:29:02,760 They don't have clean drinking water. 348 00:29:02,760 --> 00:29:05,760 You have to give it to him. He's got something. 349 00:29:05,760 --> 00:29:09,560 They don't have food on the table. 350 00:29:09,560 --> 00:29:16,080 They don't have roofs over their heads. They have none of the things that we take for granted... 351 00:29:16,080 --> 00:29:19,040 Who's that? 352 00:29:19,040 --> 00:29:22,040 Asa Darlek. Meynell's right-hand man. 353 00:29:22,040 --> 00:29:25,120 So, as someone once said... There's something familiar about him. 354 00:29:25,120 --> 00:29:28,200 ..sell a man a fish and he eats for the day. 355 00:29:28,200 --> 00:29:30,880 Teach him how to catch it, 356 00:29:30,880 --> 00:29:33,880 and you ruin a great business opportunity. LAUGHTER 357 00:29:33,880 --> 00:29:37,200 But as someone else more eloquently put it, 358 00:29:37,200 --> 00:29:40,800 "Give me your effing money...now!" 359 00:29:40,800 --> 00:29:42,640 APPLAUSE Thank you. 360 00:29:44,800 --> 00:29:46,840 Give me one minute with him. 361 00:29:46,840 --> 00:29:49,120 Jenny. Very good. Thank you. 362 00:29:49,120 --> 00:29:51,600 "Sell a man a fish." Hmm. 363 00:29:51,600 --> 00:29:54,120 Why quote Karl Marx to a room full of bankers? 364 00:29:54,120 --> 00:29:58,680 Well, nobody understood capitalism as well as Marx. 365 00:29:58,680 --> 00:30:01,920 Because he wanted to destroy it? Oh, no, 366 00:30:01,920 --> 00:30:05,840 because he knew it would destroy itself. 367 00:30:06,800 --> 00:30:11,520 Pete, glad you could make it. Oh, well, I'll go anywhere for a glass of champagne. 368 00:30:11,520 --> 00:30:14,760 I love these events, the City pretending it cares. 369 00:30:14,760 --> 00:30:18,120 I'm not sure everyone shares your cynicism, Pete. Come on, 370 00:30:18,120 --> 00:30:20,600 this is just one big tax dodge for you, isn't it? 371 00:30:20,600 --> 00:30:22,640 Whatever you say, Pete. 372 00:30:24,080 --> 00:30:25,800 Champagne, sir? 373 00:30:30,560 --> 00:30:33,000 I'm sure Jenny'll sort you out. 374 00:30:42,200 --> 00:30:43,640 Allow me. 375 00:30:44,800 --> 00:30:46,760 Erm, come and meet a few people. 376 00:30:54,360 --> 00:30:58,400 What's going on? I'm fine. I slipped. 377 00:30:58,400 --> 00:31:00,800 OK, I'm going to Meynell's office. 378 00:31:00,800 --> 00:31:03,920 I'll call you once I'm in. 379 00:31:03,920 --> 00:31:06,440 I think I know what happened. 380 00:31:06,440 --> 00:31:09,080 And if there is a problem, you need to talk to Harry. 381 00:31:12,320 --> 00:31:13,680 I'll return it. 382 00:31:23,720 --> 00:31:27,760 HE SPEAKS RUSSIAN 383 00:32:22,920 --> 00:32:27,680 Hello. 'It's Ben. I'm looking at some of the stuff on Meynell's hard drive.' 384 00:32:27,680 --> 00:32:31,560 There seem to be a lot of loan agreements, but they're between Highland Life and another bank. 385 00:32:31,560 --> 00:32:34,160 Can you see which? LIFT BELL RINGS 386 00:32:34,160 --> 00:32:36,960 Ben, which bank? Can you see a name? 387 00:32:36,960 --> 00:32:39,240 PHONE GOES DEAD Ben? 388 00:32:42,080 --> 00:32:43,120 Ben? 389 00:32:59,280 --> 00:33:02,280 Ben? 'Lucas, the bank's name is Salma.' 390 00:33:02,280 --> 00:33:04,160 Salma? 391 00:33:04,160 --> 00:33:05,760 That's a Russian bank. 392 00:33:11,280 --> 00:33:13,320 Where is he, by the way? Pete. 393 00:33:14,840 --> 00:33:17,920 He had to go back to the office, he has a presentation tomorrow. 394 00:33:17,920 --> 00:33:20,200 Goodness. How industrious. 395 00:33:21,600 --> 00:33:25,040 And, erm, what are your plans, 396 00:33:25,040 --> 00:33:26,560 for after this? 397 00:33:41,400 --> 00:33:44,400 Thanks for coming at such short notice. It's OK. 398 00:33:45,800 --> 00:33:49,360 Here's the FSB file you asked for on Salma. 399 00:33:49,360 --> 00:33:53,920 Asa Darlek? Youngest son of Vanya Darlek, head o the Solsnetskaya crime syndicate. 400 00:33:53,920 --> 00:33:58,360 So the Russian Mafia are behind Salma... 401 00:33:58,360 --> 00:33:59,400 and Meynell? 402 00:33:59,400 --> 00:34:04,040 According to our information, that's where he gets his money from, to trade. 403 00:34:04,040 --> 00:34:07,080 Darlek was staring at me. He must have recognised me from Moscow. 404 00:34:07,080 --> 00:34:08,600 Thank you. 405 00:34:08,600 --> 00:34:13,000 Lucas, I need to talk to you. It's important. 406 00:34:13,000 --> 00:34:18,040 I'm in the middle of an operation, I can't do this now. Don't use me, Lucas. 407 00:34:18,040 --> 00:34:20,400 Unless you know you can give me everything. 408 00:34:29,600 --> 00:34:32,280 'Falls in house and property prices... 409 00:34:32,280 --> 00:34:37,120 'Negative equity... Bad times... People like me, who've earned enormous amounts of money 410 00:34:37,120 --> 00:34:41,760 'and should be safe in this downturn...' Lucas. It's a demand, from Salma to Highland Life 411 00:34:41,760 --> 00:34:45,120 for total repayment of their loans. 65 billion? 412 00:34:45,120 --> 00:34:50,000 So Denham was lying. Highland Life should have collapsed months ago. The only thing keeping it afloat 413 00:34:50,000 --> 00:34:53,840 were loans from a Mafia bank. My life savings... 414 00:34:53,840 --> 00:34:56,480 gone. Lucas? 415 00:34:57,920 --> 00:34:58,960 My office. 416 00:35:04,120 --> 00:35:09,800 I have a confession to make. I'm afraid that when I told you I'd never heard of "Sugar Horse," 417 00:35:09,800 --> 00:35:14,000 I was lying. And I need you to remember 418 00:35:14,000 --> 00:35:18,680 everything that happened at the time that it was mentioned. 419 00:35:18,680 --> 00:35:24,360 Why? All I can tell you is that Sugar Horse is the most important network in the history of MI5. 420 00:35:24,360 --> 00:35:27,160 And now, it's been compromised. 421 00:35:31,760 --> 00:35:35,120 Do you know what they were doing to me when it was mentioned? Yes, 422 00:35:35,120 --> 00:35:37,840 and I still need you to put yourself back there. 423 00:35:37,840 --> 00:35:43,440 Who was present? Any details that might... I was tortured for 17 days continuously! 424 00:35:43,440 --> 00:35:45,320 Lucas... Was Sugar Horse the reason? 425 00:35:49,560 --> 00:35:54,760 I'm certain it was. But now, you want me to just put myself back there without telling me 426 00:35:54,760 --> 00:35:57,800 anything about what I was tortured for? Lucas... Don't you dare 427 00:35:57,800 --> 00:36:01,000 try any of your sanctimonious "good of the nation" crap on me! 428 00:36:02,800 --> 00:36:05,640 There are limits to what you can ask of people, Harry, 429 00:36:05,640 --> 00:36:07,960 even in our business. 430 00:36:09,480 --> 00:36:13,600 I'm sorry. And by the way, if I were you, I'd talk to Jo. 431 00:36:13,600 --> 00:36:19,000 You probably haven't noticed, but she's in trouble over what happened, a lot of trouble. 432 00:36:21,000 --> 00:36:25,760 'I think tomorrow could be a crucial day for Highland Life. The banking system may collapse 433 00:36:25,760 --> 00:36:27,760 'if there are any other financial scandals.' 434 00:36:27,760 --> 00:36:29,800 Well, this is it, I'm afraid. 435 00:36:29,800 --> 00:36:32,960 I've never really done "home." 436 00:36:32,960 --> 00:36:36,720 The only place I ever liked living was a squat I shared at the LSE. 437 00:36:38,240 --> 00:36:41,320 Is that where you developed your taste for Karl Marx? Oh, no, 438 00:36:41,320 --> 00:36:44,000 I knew about him a long time before that. 439 00:36:44,000 --> 00:36:49,040 My father's real name was Menlasch. He's Czech. 440 00:36:50,560 --> 00:36:55,960 He smuggled us out of the country when the Russian tanks moved in. 441 00:36:58,440 --> 00:37:02,360 August 1968. 442 00:37:04,840 --> 00:37:06,800 Now, it's your turn. 443 00:37:06,800 --> 00:37:08,560 How did you become who you are, 444 00:37:08,560 --> 00:37:10,960 Jenny Hunter? 445 00:37:10,960 --> 00:37:13,000 My father was an accountant. 446 00:37:13,000 --> 00:37:15,120 It seemed like a sensible option. 447 00:37:15,120 --> 00:37:17,480 Hmm. 448 00:37:17,480 --> 00:37:19,000 But that's not true, is it? 449 00:37:26,840 --> 00:37:29,640 I mean, you're not really sensible, are you? 450 00:37:29,640 --> 00:37:32,400 How do you know? There's a look you have. 451 00:37:32,400 --> 00:37:36,400 Oh, I see it from time to time. 452 00:37:36,400 --> 00:37:39,160 It's a look that tells me, 453 00:37:39,160 --> 00:37:43,720 you work inside a system, but you're not part of it. 454 00:37:43,720 --> 00:37:45,960 Is that how you were, at the LSE? 455 00:37:45,960 --> 00:37:50,920 No, I was a hero, a genuine relic of the Prague spring. 456 00:37:50,920 --> 00:37:52,720 The campus Trotskyites adored me. 457 00:37:52,720 --> 00:37:55,760 They must have been very disappointed when you switched sides. 458 00:37:58,440 --> 00:38:00,280 Yeah. 459 00:38:01,920 --> 00:38:05,760 My father used to say that for five minutes, everything seemed possible. 460 00:38:07,040 --> 00:38:09,080 Real freedom, 461 00:38:09,080 --> 00:38:11,560 real equality, 462 00:38:11,560 --> 00:38:14,680 the Socialists' dream within their grasp. 463 00:38:14,680 --> 00:38:18,920 And then the tanks rolled in. Yes, they did, 464 00:38:18,920 --> 00:38:21,160 but that's not what broke his heart. 465 00:38:22,680 --> 00:38:28,000 No, that was going back, after all those years, after...1989, 466 00:38:28,000 --> 00:38:33,720 and seeing that the famous liberation had in some ways made things worse. 467 00:38:34,680 --> 00:38:37,640 McDonalds in Wenceslas Square, 468 00:38:37,640 --> 00:38:41,160 homeless beggars outside luxury hotels. 469 00:38:41,160 --> 00:38:42,800 That's what killed him. 470 00:38:46,240 --> 00:38:48,560 And that's what drives me now. 471 00:38:56,840 --> 00:38:58,520 You never switched sides. 472 00:39:01,200 --> 00:39:03,560 I've spent half my life... 473 00:39:05,080 --> 00:39:08,600 ..with people who think I'm exactly like them, 474 00:39:08,600 --> 00:39:12,160 waiting for the moment when I can take them down. 475 00:39:13,680 --> 00:39:18,560 How? Tomorrow morning, I'm going to release information 476 00:39:18,560 --> 00:39:21,480 that will either destroy the banking system, 477 00:39:21,480 --> 00:39:25,920 or force the British Government to admit publicly that it is bankrupt. 478 00:39:27,440 --> 00:39:29,600 Either way, 479 00:39:29,600 --> 00:39:33,880 Capitalism will be revealed as a busted flush. 480 00:39:33,880 --> 00:39:39,160 And the debt-fuelled consumer nightmare it's created will finally... 481 00:39:40,680 --> 00:39:43,520 ..finally come crashing down. 482 00:39:47,120 --> 00:39:49,720 So... PHONE RINGS 483 00:39:52,600 --> 00:39:53,640 Excuse me. 484 00:39:53,640 --> 00:39:58,040 Hello. Where are you? In my hotel room. 485 00:39:58,040 --> 00:40:04,040 Well, it took me 15 phone calls and a lot of sweeteners, but I found out who Jenny Hunter's boyfriend is. 486 00:40:04,040 --> 00:40:07,280 His name is Lucas North. He works for MI5. 487 00:40:22,560 --> 00:40:24,400 (HE SCREAMS) 488 00:40:36,440 --> 00:40:37,880 You're working against me. 489 00:40:38,880 --> 00:40:41,840 Yes, but you're right, Alexis. 490 00:40:41,840 --> 00:40:47,320 The system is rotten, the system I work in, but am not a part of. 491 00:40:47,320 --> 00:40:51,720 You do know what they did to the last man who went against me, don't you? 492 00:40:51,720 --> 00:40:55,440 You don't want to harm me, Alexis. 493 00:40:55,440 --> 00:40:56,960 You need me. 494 00:41:01,640 --> 00:41:04,480 You need someone on the inside, 495 00:41:04,480 --> 00:41:08,160 to help you to achieve the things you've been talking about. 496 00:41:16,840 --> 00:41:21,560 Prove to me that I can trust you. 497 00:41:46,240 --> 00:41:51,280 One of Meynell's mafia pals recognised me at his function. How? Russia. His name's Asa Darlek. 498 00:41:51,280 --> 00:41:54,640 Son of Vanya Darlek. Head of the biggest crime syndicate in Moscow. 499 00:41:54,640 --> 00:41:57,920 Highland Life owes him and their pet bank Salma 65 billion. 500 00:41:57,920 --> 00:42:02,120 Denham must have tried to trade his way out of trouble and got himself into deeper debt. 501 00:42:02,120 --> 00:42:04,200 He turned to Salma for illicit funding. 502 00:42:04,200 --> 00:42:08,040 Which Meynell knows about and is now using to bring down the bank. What a mess. 503 00:42:08,040 --> 00:42:10,560 Poor Francis. 504 00:42:10,560 --> 00:42:14,480 How much did you know? Francis told me he'd found emergency funding 505 00:42:14,480 --> 00:42:16,400 I had no idea it was the Russian mafia. 506 00:42:16,400 --> 00:42:21,120 Ten minutes ago, I had a phone call from Asa Darlek. 507 00:42:21,120 --> 00:42:27,080 If we don't repay the 65 billion that Highland Life owes Salma, as soon as the markets open tomorrow 508 00:42:27,080 --> 00:42:31,640 he and Meynell will issue a statement revealing the extent of the bank's debts. 509 00:42:31,640 --> 00:42:35,760 Highland Life's share price will go through the floor, 510 00:42:35,760 --> 00:42:42,240 ruining investors and destroying public confidence for ever. Our economy will be in tatters. 511 00:42:42,240 --> 00:42:45,560 Your only choice is to come clean before they do. 512 00:42:45,560 --> 00:42:47,720 Admit to how much trouble Highland Life is in 513 00:42:47,720 --> 00:42:51,400 but say you'll guarantee every deposit and mortgage they hold. I can't do that. 514 00:42:51,400 --> 00:42:55,360 If I try anything like that, I will bankrupt the UK. 515 00:42:55,360 --> 00:43:02,080 Millions of people's lives will be ruined if our banking system collapses. 516 00:43:02,080 --> 00:43:07,880 Our only hope is that you can find some way to solve this without paying Salma. 517 00:43:35,880 --> 00:43:38,480 PHONE BUZZES 518 00:43:41,240 --> 00:43:44,480 Yes? Where are you? 'Meynell's hotel room.' 519 00:43:44,480 --> 00:43:46,360 Are you all right? 520 00:43:46,360 --> 00:43:50,360 Yup. 'Can we continue with the operation?' I think so. 521 00:43:50,360 --> 00:43:53,680 'Put every penny you have into Highland Life.' 522 00:43:53,680 --> 00:43:57,400 And be ready with a statement saying that you will step up and back the bank. 523 00:43:57,400 --> 00:44:03,280 I'll tell Meynell you're going to do the opposite and he'll be forced to switch position. It'll ruin him. 524 00:44:09,000 --> 00:44:11,760 I'll see you tomorrow. Yeah. 525 00:44:11,760 --> 00:44:13,040 In the office. 526 00:44:18,160 --> 00:44:20,120 Is she insane? No. 527 00:44:20,120 --> 00:44:21,760 It's a fantastic bluff. 528 00:44:21,760 --> 00:44:23,320 We catch him out and we ruin him. 529 00:44:23,320 --> 00:44:26,680 And you make enough money to rescue both the bank and all its depositors. 530 00:44:26,680 --> 00:44:29,960 You are suggesting insider trading to save the British economy? 531 00:44:29,960 --> 00:44:34,440 You've already told us you can't afford to pay Meynell or come clean and face the consequences. 532 00:44:34,440 --> 00:44:38,760 So, if he trusts Ros, he's ruined. 533 00:44:38,760 --> 00:44:42,000 But if he doesn't, the country's ruined. 534 00:44:42,000 --> 00:44:44,680 Do you have any other suggestions? 535 00:44:44,680 --> 00:44:48,600 Then I think we have no choice but to put ourselves in her hands. 536 00:44:48,600 --> 00:44:50,960 The risk is too big... We have to wait until the markets open. 537 00:44:50,960 --> 00:44:55,960 I suggest you record a public statement explaining what's happened. 538 00:45:50,360 --> 00:45:53,280 This is Lucas North in Section D. 539 00:45:53,280 --> 00:45:58,400 I'd like everything you've got under the code name "Palomnik" 540 00:45:58,400 --> 00:46:02,760 or "Pilgrim". Eyes only. 541 00:46:06,120 --> 00:46:08,040 RADIO: Good morning, it's six o'clock. 542 00:46:08,040 --> 00:46:12,400 "And we've got a crumbling housing market... Speculators are driving up commodity prices... 543 00:46:12,400 --> 00:46:15,160 "This is a vicious downwards spiral." 544 00:46:25,600 --> 00:46:27,960 Not long till the markets open. Is everything set up? 545 00:46:27,960 --> 00:46:32,080 Ros should be with Meynell in a minute. If he trusts what she tells him, he'll give his brokers 546 00:46:32,080 --> 00:46:35,720 the orders to switch their position. Then you can release your statement. 547 00:46:37,600 --> 00:46:40,560 I think I've found a way of recovering my money. 548 00:46:40,560 --> 00:46:43,280 I've got some information. 549 00:46:47,640 --> 00:46:49,880 Just make sure everything's ready. 550 00:46:51,440 --> 00:46:55,880 I don't suppose any of you have thought about what happens if Ros can't get him to do this? She will. 551 00:46:57,960 --> 00:47:00,440 I got the impression you could do with a hand. 552 00:47:12,560 --> 00:47:14,480 What's she doing here? 553 00:47:17,480 --> 00:47:20,240 Asa, I'd like you to leave us alone for a moment. 554 00:47:21,760 --> 00:47:25,160 You know who she is. You don't need to talk to her. 555 00:47:25,160 --> 00:47:29,560 Just a minute. Alexis, she's MI5. Please. 556 00:47:29,560 --> 00:47:33,800 No, not this time. 557 00:47:35,760 --> 00:47:38,400 I didn't think you'd come back. 558 00:47:38,400 --> 00:47:40,840 I came to finish what we started... 559 00:47:42,360 --> 00:47:45,280 ..to achieve the things you talked about last night. 560 00:47:46,800 --> 00:47:50,600 What if I still don't trust you? 561 00:47:50,600 --> 00:47:56,720 Well, if your FSB friends gave you my name, they'll have told you how I joined the service. 562 00:47:56,720 --> 00:47:58,680 How I've always had doubts. 563 00:47:58,680 --> 00:48:02,240 I just thought you had an appetite for betrayal. 564 00:48:04,400 --> 00:48:07,920 The system's failing, Alexis. 565 00:48:07,920 --> 00:48:10,320 The change you want has to happen. 566 00:48:10,320 --> 00:48:12,640 What's she talking about? 567 00:48:12,640 --> 00:48:14,760 Don't worry, Asa. 568 00:48:14,760 --> 00:48:16,760 You'll get your money. 569 00:48:18,280 --> 00:48:20,120 But I'll get what I want, too. 570 00:48:24,560 --> 00:48:29,240 See, it doesn't really matter why you're here. 571 00:48:29,240 --> 00:48:31,800 Because I can't lose. 572 00:48:34,280 --> 00:48:37,080 If the Treasury pay out, then I bankrupt the country. 573 00:48:39,200 --> 00:48:43,720 If they refuse, then I release information that destroys Highland Life, 574 00:48:43,720 --> 00:48:46,040 taking the British economy with it. 575 00:48:46,040 --> 00:48:50,080 Look, I don't know what you're talking about. And I don't know what she's talking about. 576 00:48:50,080 --> 00:48:53,960 But I have a business deal here and I want my money. 577 00:48:53,960 --> 00:48:58,720 You told me that the Treasury would never refuse, that they would have to pay out. 578 00:48:58,720 --> 00:49:04,400 Whichever way it goes, I guarantee that you will get your £65 billion! 579 00:49:04,400 --> 00:49:09,680 No, he won't. Not if MI5 pre-empt you. 580 00:49:09,680 --> 00:49:15,000 Right now, I know you're deep inside Highland Life because you expect the Treasury to pay out. 581 00:49:15,000 --> 00:49:18,680 But if they release a statement explaining what happened, 582 00:49:18,680 --> 00:49:20,880 then refuse to, 583 00:49:20,880 --> 00:49:22,400 you'll lose everything. 584 00:49:23,920 --> 00:49:25,440 And they will, 585 00:49:25,440 --> 00:49:27,840 because they have no choice. 586 00:49:29,360 --> 00:49:32,160 You have to switch position, Alexis, 587 00:49:32,160 --> 00:49:38,000 you have to bet against the bank and expose Highland Life's debts before they do. 588 00:49:44,880 --> 00:49:49,000 Why should I believe you? I've had enough of these games. 589 00:49:49,000 --> 00:49:54,600 We're going to do this my way. Call them. 590 00:50:02,480 --> 00:50:04,000 You heard him. 591 00:50:05,640 --> 00:50:07,400 Call MI5. 592 00:50:09,400 --> 00:50:14,480 Five minutes till the markets open. PHONE RINGS Hello? 593 00:50:14,480 --> 00:50:16,600 Harry, this is Ros. 594 00:50:16,600 --> 00:50:19,240 Ros, what's going on? 595 00:50:19,240 --> 00:50:21,960 I'm with Alexis Meynell and Asa Darlek. 596 00:50:23,480 --> 00:50:30,040 I hear you're intending not to pay out and release a statement letting Highland Life go down. 597 00:50:30,040 --> 00:50:33,560 I thought you might like to know I have a gun pointing at your officer's head. 598 00:50:35,240 --> 00:50:36,880 If you do that, I will kill her. 599 00:50:36,880 --> 00:50:40,680 Ros, are you there? You have 30 seconds to make your choice. 600 00:50:40,680 --> 00:50:46,080 The money's invested the way you said. I have to release that statement! 601 00:50:46,080 --> 00:50:48,680 Ros? Ros, can you still hear me? 602 00:50:51,200 --> 00:50:52,800 'Ros, can you hear me?' 603 00:50:56,120 --> 00:51:00,840 You have 15 seconds to cancel the statement and pay out, 604 00:51:00,840 --> 00:51:03,000 or I will kill your officer. 605 00:51:03,000 --> 00:51:04,520 Ros, are you there? 606 00:51:10,440 --> 00:51:12,960 You have ten seconds. 607 00:51:12,960 --> 00:51:14,360 'Ros, are you there?' 608 00:51:14,360 --> 00:51:16,840 Harry, there is no gun. 609 00:51:16,840 --> 00:51:20,920 Release the statement because there is no gun. 610 00:51:20,920 --> 00:51:22,320 You little bitch! 611 00:51:24,240 --> 00:51:27,920 Release the statement. Release it now! 612 00:51:27,920 --> 00:51:31,440 Switch our position, put everything against the bank! 613 00:51:31,440 --> 00:51:36,280 Sell Highland Life. The Government's abandoning Highland Life. That's it, you're out of time. 614 00:51:36,280 --> 00:51:37,600 No! 615 00:51:40,520 --> 00:51:44,040 ROS! "Breaking news just in. We're going to our Westminster studio, 616 00:51:44,040 --> 00:51:46,840 "where the Secretary of State for the Treasury..." 617 00:51:46,840 --> 00:51:49,400 You all right? Fine. 618 00:51:49,400 --> 00:51:52,800 "The Treasury feels it has no choice but to offer the Highland Life bank 619 00:51:52,800 --> 00:51:56,520 "all possible financial assistance and support. 620 00:51:56,520 --> 00:51:59,120 "The bank and its depositors are safe." 621 00:51:59,120 --> 00:52:01,400 Ros! "So, my message to the public 622 00:52:01,400 --> 00:52:06,520 "is to have confidence in us and confidence in the Highland Life bank." 623 00:52:06,520 --> 00:52:08,680 Ros! 624 00:52:08,680 --> 00:52:10,840 I'm fine, Harry. 625 00:52:10,840 --> 00:52:13,520 BEEPING 626 00:52:16,520 --> 00:52:20,520 The Highland Life price is rising, Meynell must have lost everything. 627 00:52:31,240 --> 00:52:33,400 You know this system is rotten. 628 00:52:36,240 --> 00:52:37,920 It has to change. 629 00:52:41,320 --> 00:52:43,400 I have a duty to the British state. 630 00:52:44,920 --> 00:52:47,640 You have a duty to make things better. 631 00:52:58,520 --> 00:53:02,480 You two should work out more. 632 00:53:06,920 --> 00:53:09,720 I just wanted to protect what I have. I don't need... 633 00:53:11,240 --> 00:53:15,440 Malcolm. Ros. 634 00:53:15,440 --> 00:53:16,960 Yup? 635 00:53:18,600 --> 00:53:20,840 I need to report something. 636 00:53:22,360 --> 00:53:26,280 I've made a lot of money out of our operation. 637 00:53:26,280 --> 00:53:30,720 It's insider trading. I have to give it back. 638 00:53:30,720 --> 00:53:34,080 You've given enough over the years, Malcolm. Don't you think you deserve it? 639 00:53:34,080 --> 00:53:37,520 No, but... I find dealing with reports really boring. 640 00:53:42,200 --> 00:53:43,240 Well done. 641 00:53:44,880 --> 00:53:50,200 Going back to Meynell's hotel room without back-up. I'm not sure many people could have done that. 642 00:53:50,200 --> 00:53:55,120 For a non-existent gun, it made quite a bang. Has anyone spoken to Jo yet? 643 00:53:55,120 --> 00:53:58,080 No, I'm just about to. I think I should do it. 644 00:53:59,360 --> 00:54:01,160 That might be best. 645 00:54:06,320 --> 00:54:08,880 PHONE RINGS 646 00:54:41,520 --> 00:54:45,400 Hey. This just arrived for you from downstairs. Thank you. 647 00:54:45,400 --> 00:54:48,240 Oh, and Ben. Get onto personnel, 648 00:54:48,240 --> 00:54:52,760 tell them that Elizabeta Starkova is no longer to be used as an asset. 649 00:54:52,760 --> 00:54:54,560 Sure. 650 00:55:08,400 --> 00:55:09,560 How are you, Jo? 651 00:55:16,240 --> 00:55:19,200 It's Boscard. 652 00:55:19,200 --> 00:55:21,640 Wherever I go, Boscard's there. 653 00:55:21,640 --> 00:55:24,000 That's impossible. 654 00:55:24,000 --> 00:55:26,720 I need proof of where he is. 655 00:55:26,720 --> 00:55:29,520 I need to know what the Service did with him. 656 00:55:36,600 --> 00:55:40,840 Adam realised that your memory of events was imperfect. 657 00:55:40,840 --> 00:55:44,040 He took a decision in the interests of your recovery. 658 00:55:46,440 --> 00:55:48,840 Who killed him? 659 00:55:48,840 --> 00:55:56,120 You did. The work you and I do is always going to be tough. 660 00:55:57,640 --> 00:56:00,800 Much tougher than Harry and Lucas can ever know. 661 00:56:02,320 --> 00:56:07,240 Which is why you and I have to be much tougher than them to do it. 662 00:56:07,240 --> 00:56:09,960 He raped you, Jo, you killed him. 663 00:56:18,840 --> 00:56:21,600 I'm assuming no-one will ever find out about this. 664 00:56:21,600 --> 00:56:23,920 It's taken care of. 665 00:56:26,280 --> 00:56:27,880 Thank you for telling me. 666 00:56:36,560 --> 00:56:39,080 KNOCK ON DOOR 667 00:56:39,080 --> 00:56:41,360 Lucas. Come in. 668 00:56:41,360 --> 00:56:44,840 Harry, I was angry last night. That's understandable. 669 00:56:44,840 --> 00:56:47,040 When I got home, I couldn't sleep. 670 00:56:47,040 --> 00:56:50,960 So I wrote down a few things and it prompted a memory. 671 00:56:50,960 --> 00:56:55,200 When I was meant to be out cold, I kept hearing a word repeated, 672 00:56:55,200 --> 00:56:57,680 "Palomnik". 673 00:56:57,680 --> 00:57:00,600 It's Russian for "pilgrim". 674 00:57:00,600 --> 00:57:03,520 I thought it might be the name of an operation or an asset that betrayed me. 675 00:57:03,520 --> 00:57:08,120 So I checked it out and the only link seems to be to an MI5 officer. 676 00:57:08,120 --> 00:57:14,640 He was quite senior but he's been retired for a while. May I see the file? 677 00:57:14,640 --> 00:57:18,680 I think he runs some sort of second hand shop in South London now. 678 00:57:27,800 --> 00:57:31,560 Harry, you all right? 679 00:57:38,680 --> 00:57:40,360 The old team. 680 00:57:49,720 --> 00:57:52,880 I will expose the identity of a mole within MI5, a traitor. 681 00:57:52,880 --> 00:57:56,760 I'm stuck with a terrified teenager while an MI6 renegade runs amok. 682 00:57:56,760 --> 00:57:59,960 You really do live up to your reputation. 683 00:57:59,960 --> 00:58:02,280 Please tell me nothing's going to happen to him. 684 00:58:02,280 --> 00:58:04,720 He tried to kill me. Everything's going to be fine. 685 00:58:04,720 --> 00:58:07,680 It's the possible arrows from within I'm concerned about. 686 00:58:07,680 --> 00:58:10,200 The world's watching the summit. I don't want any surprises. 687 00:58:10,200 --> 00:58:12,040 Bringing the Mitchell case in house. 688 00:58:12,040 --> 00:58:14,880 They've listened to every word we've spoken. 689 00:58:14,880 --> 00:58:18,560 Your choice is relatively simple. It's me or them. 690 00:58:23,120 --> 00:58:25,480 Subtitles by Red Bee Media Ltd 691 00:58:25,480 --> 00:58:27,960 E-mail subtitling@bbc.co.uk