All language subtitles for The Fear Index s01e02.eng

(PLANE FLYING OVER)

(SUSPENSEFUL MUSIC PLAYING)

(PA ANNOUNCER SPEAKING
INDISTINCTLY)

Okay. I assume you all know
what's going on here.

Here is where the algorithm
selects the trades.

Here are our executed orders.
Here's an option we put on last night.

For 12.5 million options
to sell Vista Airways

at 7.28 euros a share.

That's a heck of a chunk
of the market.

A little risky,
if you don't mind me saying so.

All airline stocks
are fragile these days, Bill.

I'm perfectly easy
with that position.

EZRA: Vista Airways had
12% passenger growth in the final quarter

and a revised profits
forecast up 9%.

Plus, they just took delivery
of a new fleet of aircraft.

So, I don't get that position.
Makes no sense.

May I?
Of course.

Proctor & Gamble,
six million short at 62.

Exelon, three million short
at 41.50. Jesus.

Is an asteroid
about to hit or what?

We haven't lost your money
yet, have we, Mr. Klein?

(PLANE ENGINE WHIRRING)

(MUSIC INTENSIFIES)

Am I missing something
or are those positions way out of line?

You're not missing anything.
VIXAL is...

Did Marieme get ahold of you?

She wanted a meeting
of the risk committee.

LIN: Alex...

Give me a minute, Hugo.
I'll be right back.

What have you got for me?
Well, they're in your name.

How old are they?
I don't remember...

Recently, they were emptied,

and a month later,
the same amount plus interest was deposited back.

How much?
Like, 12 million, give or take.

You must have authorised it.

Okay. Let me look into this.

You just don't tell anyone
about this, okay?

MAN: Oh, my God!
Look at this!

NEWSREADER: ...67 aircraft
operated by the Swiss company, Vista Airways...

Vista Airways,
did she just say Vista Airways?

MAN: Yes.

...on the outskirts
of the city, shortly after take-off.

It's not yet known
how many passengers

or crew members
were onboard the flight,

or if, indeed,
there are any survivors.

And the only pictures
we can bring you at this moment

show plumes of smoke
on the edges of

the Weltwald Freising
woodland,

just to the north-west
of Munich Airport.

Well, emergency services
are currently at the scene...

MAN: No survivors. No way
anyone's getting out of that.

Unconfirmed reports
suggest that there was a possible explosion

moments after the aircraft
took off.

Turn it off.
BILL: Holy shit.

This just happened
and Vista Airways stock is down 15% already. It's crashing.

EZRA: Wow.
Your little black box is really cleaning up, Alex.

VIXAL-4 must be a fortune
teller.

BILL: (MUFFLED)
The fund stands to make

20, 30 million dollars
from this one trade.

(BREATH TREMBLING)

(GRUNTING)

MARIE-CLAUDE: Dr. Hoffman?
Mr. Quarry is asking for you.

Yeah.
I'll be right out!

(ALARM BLARING)

NEWSREADER: ...67 aircraft
operated by the Swiss company Vista Airways,

carrying up to
150 passengers.

Eyewitnesses say that
the plane got into trouble

not long after taking off.

And further reports suggest

there's a possible explosion
onboard the aircraft.

Well, these pictures,
just in, show emergency services at the scene...

Hey.

ALEX: I just wanted
to check in, make sure you're okay.

God, have you seen the news?
Yeah. It's horrible.

Are you able to get away?

I can't.

We were half way
through the presentation when the crash happened.

There's a couple of things
I have to take care of here,

but I'll be there
as soon as possible, okay?

How's your head?

What do you mean?

Your head, Alex.
It was split open this morning.

Oh. (CHUCKLES) Right, yeah.
It's fine. Normal.

I'll be there before it starts,
I promise.

I love you.
Love you, too.

(SUSPENSEFUL MUSIC PLAYING)

(DOOR OPENS)

HUGO: Let's keep this quick,
please. Marieme, what's the damage?

To us, or to Vista Airways?

I think we'll be looking at
an official investigation.

HUGO: Why?
We didn't know that plane was gonna fucking crash.

MARIEME: VIXAL made
a huge bet to the down side on Vista Airways

just before the crash

and the inevitable
share price collapse.

An investigation is almost
guaranteed.

They'll have detected
unusual activity surrounding Vista Airways stock.

It'll lead them straight to us.

But we haven't done
anything illegal.

Not unless
we sabotaged the plane.

How the fuck
would we have done that?

Sabotage is a conclusion
people will come to, considering the recent trades.

Could VIXAL have somehow
acquired news of the crash before the rest of the market?

VIXAL takes a direct digital
news feed from Reuters which gives it, what,

an advantage of a second
or two over a human trader,

but there are plenty of other
algorithmic trading systems that do the same.

It would take us
less than five minutes

to show even
the most dumb-assed regulator

that we shorted that stock
as part of a pattern of bets to the down side.

There's nothing special.

There's a spread.
No coincidence. Get over it.

As a former
"dumb-ass regulator,"

I agree with you.
It's the pattern that matters,

which is why I tried
to talk to you this morning.

I had a pretty shitty start
to my day, Marieme, as you can see.

Have you been following
our positions?

HUGO: No. I've been rather busy
this morning.

MARIEME: I thought so.
Well, we're up to 20,000 contracts.

HUGO: Twenty thousand?

MARIEME: Well, Hugo,
we started accumulating VIX futures back in April,

when the index stood at 18.

If we had sold,
we would have done very well,

and I assumed
that's what would happen.

But rather than following
the logical course and selling,

we're still buying.

Frankly, I'm seriously worried.
Our book's all out of shape.

We're long gold,
we're long the dollar.

We're short every
equity futures index.

If we don't get
on top of this situation, we'll have to notify the board,

and possibly, go even higher.
(KEYBOARD CLANKING)

HUGO: So what are you
suggesting we do, Marieme?

We have to get properly across
what VIXAL's doing, with so many contracts.

We have to start liquidating
these positions.

Meaning if the level of our
exposure isn't dialled back,

I'll have to notify
the investors.

Which means
I'll have to talk to the board.

Alex, are you even listening?

Yes, of course I am.

Liquidating our positions
at this stage would be a total overreaction, Marieme.

Jesus! We made nearly
$80 million last week.

We just made another
$40 million this morning.

And you want us to ignore
VIXAL's analysis and go back to discretionary trading?

My algorithm is working.

(KNOCK ON DOOR)

Come in.

Sorry to disturb.

Dr. Hoffman, you wanted
a reminder about Mrs. Hoffman's exhibition.

Yes, yes. Of course.

If you want to get there
before it starts.

Let's wrap this up, shall we?
(SNIFFLES)

NEWSREADER:
Message is said to have gone out at 9:30...

MARIEME: I need
to talk to you. Hugo.

(SIGHS) What now?
...on an Islamic terrorist website,

with the Akhwat Alsyf group
claiming responsibility.

It appears
to have been published

while the Vista Airways flight
was still boarding...

It's going to be very difficult
for us to deny that VIXAL,

and by association,
this company,

knew that this crash
was going to happen today.

If that's the case,
and we didn't...

HUGO: Let's just all
try and stay calm,

and remember
we have investors in the building.

We may have profited
from that crash, but we didn't bring that plane down.

It's not our fault
we happen to be richer for it.

MARIEME: It's immoral.

HUGO: Oh, you mustn't be
so pious.

I'll be at the lunch,
but I have to go see my wife.

Dr. Hoffman,
my name is Olivier.

I have been assigned to you
by Monsieur Genoud.

I think it's best
we use this exit, sir. Okay.

One moment please.

Okay.

We can go.

MARIEME: Hugo,
are you listening to me?

If he won't stay for something
as important as a risk meeting,

when his own company
is on high alert,

it's clear he's not
in his right mind.

Everybody here has witnessed
his extraordinary behaviour.

He can't be trusted.
And frankly,

I believe we should take steps
to remove him.

Don't take it personally, Hugo.

Oh, you're being serious.

(KNOCKING)
Not now.

(KNOCKING CONTINUES)

Are you lost?
What do you want?

There's something
you need to see. Seriously.

VIXAL-4 has been buying
a great deal of stock

in a pharmaceutical company
that supplies vaccines for Ebola.

We didn't think much of it
at first,

but with the crash
and now these links to a terrorist group,

plus the amount of stock
being purchased,

we're wondering if VIXAL
is aware of an imminent outbreak

or, I don't know,
something like that.

Hugo, we have to stop trading.

As Alex isn't here...
I will always act in Alex's best interest.

And as he believes
that VIXAL 4 is doing its job,

I will do no such thing.

Now, I have to take
our investors out to lunch,

so, I suggest we reconvene
at 3:30

when the U.S. markets open
and review the situation then, all right?

I think it would be prudent
for a lawyer to be present.

Oh, Marieme,
threats don't become you.

And I'll have my comments
from this meeting minuted.

Whatever you say. Bye.

Conard.

Dr. Hoffman.

It's not a good day for you,
is it Maurice?

Excuse me, sir?

First our home security system,
which you installed. Fails.

Now my work computer's
been compromised.

What?

Someone has accessed sites
from or directed sites to my server.

The worst, worst kind of shit.

What do you mean?

All kinds of stuff connected
with the crash today.

Terrorist information,
listed in my computer's history

as "domain unknown,"

IP addresses from the dark web.

I mean, after today's trades
and the crash,

it looks like I had
prior knowledge.

I shouldn't be able
to access the dark web, Maurice.

I put software on your computer
allowing you to access the dark web.

What? Why would you
allow that into our systems?

Not of all the systems,
just yours.

Why? Why just mine?

Maurice?

Is this a test, sir?

What the fuck
are you talking about?

Someone is fucking with me!

Okay. I understand.

I'll look into this
right away.

And don't let anyone
in the office know. Not Hugo, no-one. Okay?

Understood.

(TYPING)

(LECLERC SPEAKING FRENCH)

(SPEAKING FRENCH)

(CONVERSING IN FRENCH)

Mmm.

I'll go in alone.

My colleague
is just inside the gallery.

(INDISTINCT CHATTERING)

I'm so proud of you.

I just want to make it through
without crying.

Who cares if you do?

How sweet.

But I'm going to have to steal
her away. She needs to schmooze with buyers.

Schmooze.

Yes. Apres vous, madame.
See you later. Merci.

(CELL PHONE VIBRATING)

HUGO: How's it going?

Jesus Christ. Hugo.
I'll be at the goddamn lunch.

Just give me one hour.

All right, relax.
It's just a quick courtesy call

to let you know
that we're on our way to the restaurant.

I can't distract them
for too long.

So, enjoy the art.
Love to Gabby.

See you soon, all right?

Right. I gotta go.
Right.

What's going on?
Where's Alex?

He'll be joining us
at the Beau Valias.

He is coming, right?

I mean no offence, Hugo,
but it's his name above the door.

You're asking us
to put our faith and money

into something he's selling us,
and he's barely shown his face.

And he's extremely grateful
for your patience.

Now, shall we?

Alex!

Bob? Last time I saw you,
you turned down my job offer.

You still think I'm the devil
come to steal your soul?

BOB: I'm not sure I'd put it
like that,

but, yes, I still feel that
high-end science and money don't mix.

I offered you an olive branch,
Bob, you refused it.

Am I missing something?

BOB: Wouldn't it be
hypocritical of me

to work on an algorithm
I believed dangerous at CERN,

that was now being used
to make money for the already very wealthy?

Anyway, it was a long time ago.

I actually just wanted
to see how you were.

I'm touched.

Alex, you were my friend.

Which is the only reason
we didn't press charges.

They put me away, Bob.

It might not have been jail,

but they locked the doors
at night.

Well, it obviously helped you
get better. Look at you now.

Why are you here, Bob?

You invited me.

(SCOFFS)
The email.

I never sent you an email.

Here.

Erm...

"It's been a while.
Hope you can make it."

That must have been
my assistant.

Enjoy the champagne, Bob.

(TAPPING ON MICROPHONE)

(CLEARS THROAT)

Ladies and gentlemen,
over here, to the stage. Yes.

After a somewhat long absence,

I should say too long,

please welcome on stage
Gabrielle Hoffman.

(CLAPPING)

(CHEERING)

(MICROPHONE FEEDBACK)

Clearly using a mic
is beyond me.

Erm... (CLEARS THROAT)

The new work you see here,

the conception of it,
came from losing an unborn child.

The hospital insisted
I have an MRI,

when they suspected
something was wrong.

I'd never had one before,
but going through that tunnel,

the screaming sound
of the machine,

I knew it was over,

We lost the baby
at five-and-a-half months.

It wasn't
the first miscarriage,

but it was certainly
the most devastating.

Afterwards, my husband
took me to Oxford.

And we came across a 3D model
of the structure of penicillin

made by Dorothy Hodgkin,
in 1944.

She had built it up
on sheets of Perspex.

It was so beautiful.

It seemed, to me, to be
the perfect union between science and art.

Losing our baby made me think
about how we remember things...

Make sense of them.

Of all the parts of us,
the brain is what makes us so unique.

We know so much
about the human body,

but the brain
remains a mystery.

That's where the idea
for this sculpture was born.

I'd spent years
drawing the human body,

but what if I could go
inside the brain,

and get deeper?

What if I could create
a portrait of my brain?

Anyway, er... J'espere
que ca vous plaira.

And please come and find me
if you have any questions.

(CLAPPING)
Thank you.

Any news?

Yeah. Making enquiries, yes.

No, you're not. You're here.

Who was the gentleman
you were talking to just now?

That was an old work colleague.
I haven't seen him in a while.

Ah, yeah.
Because I sensed a little tension.

No. No tension.

And where
did you work together?

ALEX: At CERN.

Of course, at CERN,
yes, and...

Why did you leave from...

(EXCLAIMS)
GABRIELLE: Was that all right?

Oh, my God,
that was brilliant. It was so amazing.

Oh, God. I just need to sell
something now.

You will, I'm sure of it.
Yeah?

Congratulations,
Madame Hoffman. Merc', c'est gentil.

(CELL PHONE VIBRATING)

Wait, wait. I have
to take this really quickly. I'll be right back, okay?

Okay. All right.
Love you.

(SPEAKING FRENCH)

Genoud, what have you got?

I've been trying
your other number.

I think it would be best to
discuss this on a secure line.

Other number?
What are you talking about?

I'm going to join Hugo
at the lunch and we can discuss this in person.

It's better that way.

Don't say anything.

I'm going to hang up now.

Genoud? Genoud?

(CONVERSING IN FRENCH)

Hey, sorry...

Were you hospitalised
because of a nervous breakdown?

What? Who told you that?
Is it true?

It's not that simple.

Oh, my God, what?

(GLASS CLINKING)

BERTRAND: Excuse me,
ladies and gentlemen.

Congratulations, Gabrielle.

(CLAPPING)

Fantastique.
It's your first sale.

Thank you.
Thank you, everyone.

And thank you
to whoever bought it.

Hang on, I haven't finished.

And this one.

And this one.

And...

Bertrand,
is this all one buyer?

Indeed, a very wealthy...

Who is it, Bertrand?

Unfortunately, I can't reveal
that. It's an anonymous buyer.

It's you, isn't it?

What? I would never
do that to you.

Who were you on the phone
to just now? My work. I told you.

So, you hang up
and two minutes later, everything's been bought?

Bertrand, tell her
it wasn't me, okay?

In all honesty, I can't say
who it is because I don't know.

My bank just sent me an email

saying they just received
an electronic transfer

with reference
to this exhibition.

This is good news.

An electronic transfer?
Correct.

You need to give it back,
because I do not want my work treated like this.

This is a legal situation,
Gabrielle.

When a piece of the art is
purchased like that, it's gone.

How much did they pay for it?

One hundred
and ninety-two thousand francs.

I'll give you an extra
200,000 on top of that

if Gabby can have
her work back. I can't do that...

Okay, fine, 400,000, then.
Double it. No.

Stop it, Alex.
You can't be serious.

ALEX: Gabby, wait!

Gabby. Something very strange
is happening here.

Whoever bought your work
is the same person that sent me that Darwin book.

I'm sure of it. Someone is
trying to fuck with my mind.

Listen to yourself.
You're lying.

What? No! Why would I... No.

You have to know
that I wouldn't do anything like this to you.

You can't just throw money
at situations, Alex.

You couldn't do it when we lost
the baby, you cannot do it now.

You won't let me in.

We went through hell
for eight years and I never saw you cry.

But apparently,
you had a breakdown before you met me.

And that was something
that you felt like you shouldn't share with me?

I just... Who are you?

I can't do this.

No, wait, Gabby,
this is ridiculous. Hey!

Don't you ever grab hold of me
like that again.

Go after her.

(CELL PHONE VIBRATING)

Genoud, I know this is
gonna sound crazy, but did I just speak to you?

Alex?

Did I just speak to you?
Answer the question.

Yes.

ALEX: I don't need his name,
I just need the number.

I can't do that.
Jesus Christ! You little shit!

No more of that, please.

It would pain me to arrest you
after what you've been through today.

You need to calm down,
you know.

My wife's very upset.
I'm being set up, and this stupid pedantic little man...

Stupid?
Yes.

So stupid to have sold
all your wife's work

on the first day
of this exhibition.

All I want is the number
of the buyer's bank account,

then I can prove that
this is a fraudulent account, with my name

that bought
my wife's work, okay?

That is confidential
information.

You said it, thanks.

(CLEARS THROAT) Right.
Can you show me these account numbers, please?

If you don't, it's impeding
a criminal investigation.

So, you have to do it.

Fine.
Thanks a lot.

Can I see your number, please?

Someone is trying
to ruin my life.

LECLERC: Okay.

Thank you, monsieur,
for your cooperation.

You received no message?

Just the notification
that the pieces had been bought online.

(SPEAKING FRENCH)

Yeah, you're right.

I know.

The numbers match,
but that doesn't mean anything.

Other than the fact
that various items have been bought

with money
that is in your name.

Er, the famous Darwin book
and the entire collection of your wife's work.

But maybe you are trying to find
a way to avoid being blamed

for a grand gesture
that didn't go to plan.

Jesus.

You wouldn't make it
in my business.

You wouldn't even
get in the fucking door.

You are deliberately
misunderstanding the situation. I'm being framed, okay?

Yeah.

I understand.

INVESTOR: The numbers
speak for themselves...

Will you excuse me?
Of course.

(CELL PHONE VIBRATING)

Alex, tell me
you're on your way.

Hugo, it's a fucking
disaster here!

Gabby's furious,
I think she's going to leave me, and I...

And somebody
is trying to screw everything.

Wait, hold on.
What's happened?

Her exhibition! Her work.
She thinks that I bought all of her work.

Well, that's
a generous thing to do, isn't it?

Yeah, but I didn't do it,
though. It wasn't me.

(HESITATES) The money came from
an account with my name on it,

but it wasn't from me.

Okay, Alex,
you're not making any sense.

Just come here, show your face
and let's seal the deal.

No. I can't sit and talk
to those assholes right now.

They're asking for you.
Do you understand?

I'm here, fucking Genoud
is here. You need to be here.

Genoud, okay.
I'll be there in five minutes.

Great.

Dr. Hoffman!
Yeah, I need to go back to work now.

He's going to show, right?

He's on his way
to us right now.

INVESTOR: Despite
my obvious reservations

about the fact
we're benefitting from disaster,

it's undeniable
this VIXAL program is extraordinary.

Which is why we think you ought
to invest more.

Talking of disaster,
do we have anything on Tropix Pharmaceuticals?

Why do you ask?

They're just doing a deal with
the WHO on a new Ebola vaccine.

Rumblings of an outbreak.

(CELL PHONE VIBRATING)

(CELL PHONE VIBRATING)

VOICEMAIL: Hi, this is Gabby,
leave a message. Thank you.

Gabby, can you
just call me back and let me know you're okay.

I love you.

I don't want to lose you.

(CELL PHONE VIBRATING)

We're nearly at
the Beau Valais.

Please, wait here
one moment, sir. I must search the premises first.

Okay.

All good?
Oui, monsieur.

Lin, call me back
straight away.

Don't speak to Marieme
or Alex, just me.

It's urgent.

Claude.
Yes, sir.

Olivier!

(INDISTINCT CHATTERING)

LUKASINSKI:
Shouldn't Dr. Hoffman be joining us?

Does he have something
more pressing to do today?

Oh, you must know
the mind of a genius can wander.

Wander? Not with my money
he can't.

Bring us here and make us
wait here an hour, yeah.

Doesn't look good,
does it, Hugo?

(ALARM BLARING)

(CELL PHONE CHIMES)

(LAUGHTER IN DISTANCE)

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