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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:04,212 --> 00:00:06,131 Previously on Billions... 2 00:00:06,172 --> 00:00:08,133 Charles Rhoades Jr. is hereby removed 3 00:00:08,174 --> 00:00:10,135 as attorney general of the State of New York. 4 00:00:10,176 --> 00:00:12,095 Chuck, we have your things. A plan has been made. 5 00:00:12,137 --> 00:00:13,805 We're taking you to Rundas Lodge. 6 00:00:13,847 --> 00:00:16,016 - Fresh air. - Vigorous bodywork. 7 00:00:16,057 --> 00:00:17,284 Philip seems to be creating 8 00:00:17,314 --> 00:00:19,144 a real "leader of men" vibe on the floor. 9 00:00:19,185 --> 00:00:22,022 Call an all-hands meeting at the house. 10 00:00:22,063 --> 00:00:23,565 Someone sets out to slay a dragon, 11 00:00:23,606 --> 00:00:25,316 and behind them is an army. 12 00:00:25,358 --> 00:00:28,528 I killed the dragon that was Chuck Rhoades. 13 00:00:28,570 --> 00:00:30,071 There's a reason why the killing 14 00:00:30,113 --> 00:00:31,990 isn't the end of the story. 15 00:00:32,032 --> 00:00:35,368 The real end is when you eat the dragon's heart. 16 00:00:35,410 --> 00:00:38,371 My victories are our victories. 17 00:00:38,413 --> 00:00:39,664 We could leave. 18 00:00:39,706 --> 00:00:40,915 I just can't fall in love 19 00:00:40,957 --> 00:00:43,084 with someone I work with. 20 00:00:43,126 --> 00:00:45,587 For you to succeed at being whatever it is you want to be, 21 00:00:45,628 --> 00:00:47,255 you need to stop lying to yourself. 22 00:00:47,297 --> 00:00:49,924 You want power because you like power. 23 00:00:49,966 --> 00:00:52,594 Let's not forget about you. 24 00:00:52,635 --> 00:00:54,004 What you want out of all of this. 25 00:00:54,071 --> 00:00:55,789 Me? I guess I just don't know. 26 00:00:55,823 --> 00:00:58,808 And after all that talk about not lying to oneself. 27 00:00:58,850 --> 00:01:01,061 I'm not lying to myself. I'm lying to you. 28 00:01:01,102 --> 00:01:03,980 I know the manuscript is late, but it's worth it. 29 00:01:04,022 --> 00:01:07,358 Prince showed himself in Albany. He came to watch. 30 00:01:07,400 --> 00:01:08,985 And someone who loves the blood sport 31 00:01:09,027 --> 00:01:10,403 can be induced into another fight. 32 00:01:10,445 --> 00:01:12,322 Focus on each breath. 33 00:01:12,363 --> 00:01:14,240 Count them until you reach a billion. 34 00:01:14,282 --> 00:01:15,867 You will have stopped counting, 35 00:01:15,909 --> 00:01:18,078 which is the whole idea. 36 00:02:22,361 --> 00:02:24,434 _ 37 00:02:24,435 --> 00:02:26,312 I keep this place as a tax write-off. 38 00:02:26,354 --> 00:02:27,438 Clever. 39 00:02:27,480 --> 00:02:29,274 Legal tax avoidance strategy 40 00:02:29,315 --> 00:02:32,152 against people in, uh, government, 41 00:02:32,193 --> 00:02:33,653 uh, like you. 42 00:02:33,695 --> 00:02:37,282 Well, people like you used to be, anyway. 43 00:02:37,323 --> 00:02:39,868 You still have Miss McGrath on the payroll? 44 00:02:39,909 --> 00:02:41,661 She looks like she voted for Ike. 45 00:02:41,703 --> 00:02:44,664 Ha! She did, twice. 46 00:02:44,706 --> 00:02:46,166 Ah. 47 00:02:46,207 --> 00:02:49,169 She is supposed to tend to these. 48 00:02:49,210 --> 00:02:52,505 Oh, well, nothing stays moist and supple forever. 49 00:02:53,715 --> 00:02:55,341 If that is some veiled reference 50 00:02:55,383 --> 00:02:57,552 to a supposed decades-old contretemps 51 00:02:57,594 --> 00:02:59,888 between me and Doris out there... 52 00:03:01,264 --> 00:03:03,141 that was just your mother being paranoid. 53 00:03:04,094 --> 00:03:05,184 Sure thing. 54 00:03:05,894 --> 00:03:08,354 Anyway, you're all set up. 55 00:03:08,396 --> 00:03:11,983 Desk. Phones. Fax machine. 56 00:03:12,025 --> 00:03:14,152 The girl to take a letter. 57 00:03:14,194 --> 00:03:15,820 Whatever you need. 58 00:03:15,862 --> 00:03:20,450 And as always, I hope that you enjoy my largesse. 59 00:03:20,491 --> 00:03:24,287 And as always, Dad, I thank you for this. 60 00:03:24,329 --> 00:03:26,497 For the trip to Rundas. 61 00:03:26,539 --> 00:03:29,000 That really reset me, just as you intended. 62 00:03:29,042 --> 00:03:30,251 Even more so. 63 00:04:12,252 --> 00:04:15,672 Good morning. Thank you for agreeing to meet. 64 00:04:15,713 --> 00:04:19,092 Well, how could I stop myself from seeing what you wanted? 65 00:04:19,545 --> 00:04:20,927 Indeed. 66 00:04:20,969 --> 00:04:23,763 The answer to that question is: I come with an offer. 67 00:04:24,533 --> 00:04:26,557 Pick a position for yourself, senior level, 68 00:04:26,599 --> 00:04:28,935 at one of these companies. 69 00:04:33,314 --> 00:04:34,440 Oh. 70 00:04:38,903 --> 00:04:41,114 - Prince owns all of these? - He does. 71 00:04:41,155 --> 00:04:43,283 - Spread out across the country. - Ah. 72 00:04:43,324 --> 00:04:45,785 - So I beat it out of town? - Only if it's a plus. 73 00:04:46,325 --> 00:04:47,345 You choose. 74 00:04:47,387 --> 00:04:48,830 Head of Legal, Chief Counsel, 75 00:04:48,871 --> 00:04:50,832 Director of Operations, and the like. 76 00:04:50,873 --> 00:04:53,835 A restaurant group, meat processing plants, 77 00:04:53,876 --> 00:04:56,129 a boutique hotel chain, 78 00:04:56,170 --> 00:04:58,464 tech ventures, textile mills, clothing chains, 79 00:04:58,506 --> 00:04:59,632 auto parts manufacturers. 80 00:05:01,217 --> 00:05:04,595 Differences don't have to be permanent. 81 00:05:04,637 --> 00:05:07,140 Temporary discord between talented parties 82 00:05:07,181 --> 00:05:09,100 can be overcome for a more productive future. 83 00:05:10,727 --> 00:05:13,980 Mike says this offer is for you to find the way forward. 84 00:05:14,022 --> 00:05:16,524 - Leave you with dignity in defeat. - Mmm. 85 00:05:16,566 --> 00:05:17,567 Says you'd know what that means. 86 00:05:17,608 --> 00:05:19,319 Yeah. 87 00:05:19,360 --> 00:05:21,404 That does have a familiar ring to it. 88 00:05:30,872 --> 00:05:33,583 I'll admit, this is not what I expected. 89 00:05:33,624 --> 00:05:35,418 Hmm. 90 00:05:35,460 --> 00:05:37,086 I'll leave you to ruminate and check back shortly. 91 00:05:56,731 --> 00:05:58,399 Who wouldn't want George Foreman's imprimatur 92 00:05:58,441 --> 00:06:00,735 on their fat-reducing grill? 93 00:06:01,481 --> 00:06:02,820 So, heck yes, Andrew, 94 00:06:02,862 --> 00:06:05,615 who wouldn't want Andrew Yang's endorsement... 95 00:06:05,656 --> 00:06:07,408 when the time is right. 96 00:06:07,450 --> 00:06:09,369 Which will be soon. 97 00:06:09,410 --> 00:06:11,204 Thanks. We'll talk more. 98 00:06:32,225 --> 00:06:35,561 I don't know if you're aware, but this is incendiary. 99 00:06:35,603 --> 00:06:37,647 Incendiary. 100 00:06:44,441 --> 00:06:45,496 Who wrote what? 101 00:06:45,752 --> 00:06:46,759 Wendy Rhoades. 102 00:06:46,781 --> 00:06:49,367 About this place. And it has hijacked the day. 103 00:06:49,409 --> 00:06:50,868 When did she do this? 104 00:06:50,910 --> 00:06:52,495 When she was gone at that Buddhist retreat? 105 00:06:52,537 --> 00:06:54,497 How it started. This is how it's going. 106 00:06:54,539 --> 00:06:57,500 I saw her since her return. 107 00:06:57,542 --> 00:06:59,419 We spent real time together. She never mentioned. 108 00:06:59,460 --> 00:07:00,962 Note says she had the ending wrong, 109 00:07:01,003 --> 00:07:02,964 thanks you for the help with the rewrite. 110 00:07:03,894 --> 00:07:04,924 Dang it. 111 00:07:04,966 --> 00:07:06,426 That's why she grilled me. 112 00:07:06,467 --> 00:07:08,261 Ha! She... Wow. 113 00:07:08,959 --> 00:07:10,054 Less advanced person figures she'll wait 114 00:07:10,096 --> 00:07:12,606 till the book is announced or published, 115 00:07:12,641 --> 00:07:13,674 deal with the flack then. 116 00:07:13,716 --> 00:07:15,852 But Wendy Rhoades, she shows everyone way ahead of time, 117 00:07:15,893 --> 00:07:18,271 as if to get our blessing or feedback. 118 00:07:18,312 --> 00:07:19,939 Gets in front of it all. 119 00:07:19,981 --> 00:07:21,524 - Smart. - Sure. 120 00:07:21,566 --> 00:07:23,234 But a lot of our people want you to kill it. 121 00:07:23,276 --> 00:07:24,735 And you probably should. 122 00:07:24,777 --> 00:07:26,320 Probably will. 123 00:07:26,362 --> 00:07:27,989 I already flagged the most damning passages. 124 00:07:29,907 --> 00:07:31,534 Okay, so that's the urgent. 125 00:07:31,576 --> 00:07:33,119 Now, let's deal with the important. 126 00:07:33,161 --> 00:07:35,788 Ah, yes, your universal basic income plan. 127 00:07:35,830 --> 00:07:38,541 No, don't call it that. It's Quality of Life Funds. 128 00:07:38,583 --> 00:07:40,626 "QOLF"? 129 00:07:40,668 --> 00:07:42,962 - Doesn't roll off the tongue. - No, it does not. 130 00:07:43,004 --> 00:07:44,547 Mike Money, you know? 131 00:07:45,473 --> 00:07:46,482 Mike Money. 132 00:07:47,758 --> 00:07:49,594 - Yeah, I like it. - A thousand a month 133 00:07:49,635 --> 00:07:51,888 - for those who... - Yep. Mike Money. 134 00:07:51,929 --> 00:07:54,098 I'm sitting on a ton of collateral right now, 135 00:07:54,140 --> 00:07:56,434 so it's time to convince the Brooklyn borough president 136 00:07:56,476 --> 00:07:57,894 to get behind a pilot program 137 00:07:57,935 --> 00:07:59,881 to prove it works and is scalable. 138 00:07:59,916 --> 00:08:00,980 I'm with you. 139 00:08:01,022 --> 00:08:03,483 But coming off our Olympics collapse, 140 00:08:03,524 --> 00:08:05,234 you sure it's the right time? 141 00:08:05,276 --> 00:08:06,777 That's exactly why it has to be now. 142 00:08:28,049 --> 00:08:29,634 At ease, sergeant. 143 00:08:29,675 --> 00:08:31,636 Not at ease till you leave. 144 00:08:31,677 --> 00:08:33,888 That is why you're a great soldier. 145 00:08:33,930 --> 00:08:35,723 Always at attention. 146 00:08:35,765 --> 00:08:39,769 You know the more productive meetings are on your feet. 147 00:08:39,810 --> 00:08:42,438 This is why I will need you in my cabinet. 148 00:08:42,480 --> 00:08:45,525 Like the cabinets above the sink, or...? 149 00:08:45,566 --> 00:08:47,443 Not at all. You see... 150 00:08:47,485 --> 00:08:49,654 I see you want to close to whisper distance. 151 00:08:49,695 --> 00:08:51,614 Don't. No one else can hear you. 152 00:08:52,547 --> 00:08:53,554 Fine. 153 00:08:53,566 --> 00:08:56,702 Die Informationen is that Prince has called 154 00:08:56,744 --> 00:08:57,954 a succession meeting. 155 00:09:00,597 --> 00:09:01,958 I'm on the short list. 156 00:09:01,999 --> 00:09:06,212 And so, I'm here to give you the chance to throw in early, 157 00:09:06,254 --> 00:09:10,466 thereby securing your place at my elbow come the new morn. 158 00:09:11,438 --> 00:09:13,970 So, can I count on it? Your support. 159 00:09:14,011 --> 00:09:16,389 I think you know exactly the esteem in which I hold you. 160 00:09:16,430 --> 00:09:18,224 I have been clear on the matter. 161 00:09:18,266 --> 00:09:21,310 And don't you think I don't appreciate it. 162 00:09:21,352 --> 00:09:25,565 I've got a good eye on you for a sub-leadership spot. 163 00:09:25,606 --> 00:09:26,941 A good eye. 164 00:09:43,975 --> 00:09:45,334 Shrewd move. 165 00:09:45,376 --> 00:09:47,837 Mike puts a succession plan in place, 166 00:09:47,878 --> 00:09:51,007 makes investors think this is the Model fucking U.N., 167 00:09:51,048 --> 00:09:53,009 then they leave the czar the fuck alone. 168 00:09:55,136 --> 00:09:56,929 Nothing quite so complicated. 169 00:09:56,971 --> 00:09:59,181 I just want the firm to be strong enough, 170 00:09:59,223 --> 00:10:01,892 resilient enough to thrive, even if I'm gone. 171 00:10:01,934 --> 00:10:04,604 Is there some legal announcement forthcoming, 172 00:10:04,645 --> 00:10:08,107 or dare I say, prognosis you would wish to impart? 173 00:10:08,149 --> 00:10:10,276 I get it. In the old regime, 174 00:10:10,318 --> 00:10:12,903 you'd receive your trading orders from inside a pine box 175 00:10:12,945 --> 00:10:14,614 before you saw a change of leadership. 176 00:10:14,655 --> 00:10:16,949 There's a reason why they had to stab Caligula 30 times 177 00:10:16,991 --> 00:10:18,284 to haul him out of the palace. 178 00:10:18,326 --> 00:10:20,578 Axe Cap was run by diktat. 179 00:10:20,620 --> 00:10:22,913 MPC is run by deliberation. 180 00:10:22,955 --> 00:10:25,291 Axe Cap was built on shock and surprise. 181 00:10:25,333 --> 00:10:29,337 MPC is built on planning and anticipation. 182 00:10:29,378 --> 00:10:31,797 Investors shouldn't have to guess what happens 183 00:10:31,839 --> 00:10:33,466 if my G650 goes down, 184 00:10:33,507 --> 00:10:35,426 or I slide off a steep rock face. 185 00:10:35,468 --> 00:10:38,262 By naming a successor, I can... 186 00:10:38,304 --> 00:10:40,181 My meeting. My agenda. 187 00:10:40,222 --> 00:10:43,517 Oh, uh, this is just a list of my accomplishments. 188 00:10:43,559 --> 00:10:47,355 Ergo, the fund's accomplishments under my tenure. 189 00:10:47,396 --> 00:10:49,273 Mike's not taking applications. 190 00:10:49,315 --> 00:10:51,108 I would never. 191 00:10:51,150 --> 00:10:54,153 James Garfield is the better model here. 192 00:10:54,195 --> 00:10:55,863 For that vest you're wearing? 193 00:10:57,016 --> 00:10:59,325 JG wasn't the showiest candidate. 194 00:10:59,367 --> 00:11:00,826 Wasn't even on the first ballot 195 00:11:00,868 --> 00:11:02,411 at his own nominating convention. 196 00:11:02,453 --> 00:11:05,831 But as the shinier baubles lost their luster, 197 00:11:05,873 --> 00:11:09,585 he began to emerge as the solid choice. 198 00:11:09,627 --> 00:11:12,421 The consensus choice. 199 00:11:12,463 --> 00:11:14,674 As I hope to do now, 200 00:11:14,715 --> 00:11:17,343 as opposed to on the 36th ballot. 201 00:11:17,385 --> 00:11:19,095 Well, there's only one ballot in this contest. 202 00:11:19,136 --> 00:11:20,763 Zero chance you are on it. 203 00:11:20,805 --> 00:11:22,473 You're here as parliamentarian. 204 00:11:22,515 --> 00:11:25,476 A glorified notetaker, really. Not a voting member. 205 00:11:25,518 --> 00:11:27,687 Not even on the ballot. 206 00:11:28,896 --> 00:11:30,690 Please don't do that again. 207 00:11:30,731 --> 00:11:32,692 We need a voice in who replaces you, 208 00:11:32,733 --> 00:11:34,527 - however unlikely that may be. - If you're even considering 209 00:11:34,568 --> 00:11:36,404 putting Spyros in the line of succession... 210 00:11:36,445 --> 00:11:39,490 - Zero chance. - Fine, fine. 211 00:11:39,532 --> 00:11:43,035 Consensus candidates rarely emerge in the early going. 212 00:11:43,077 --> 00:11:44,829 I'll just wait, steadily, 213 00:11:44,870 --> 00:11:48,541 reliably, for the factionalism to brew. 214 00:11:48,582 --> 00:11:51,043 But your timing couldn't have been better. 215 00:11:51,085 --> 00:11:54,422 My designated successor will be one of you. 216 00:11:55,262 --> 00:11:57,258 To be decided how, exactly? 217 00:11:57,299 --> 00:11:59,552 I was planning on having you speak at the next meeting. 218 00:11:59,593 --> 00:12:01,303 Battle of ideas. 219 00:12:02,102 --> 00:12:04,348 But why don't we put this thing on its feet? 220 00:12:04,901 --> 00:12:06,930 Start defining your command climate now 221 00:12:06,965 --> 00:12:08,561 and acting as-if. 222 00:12:08,602 --> 00:12:10,062 'Cause it is coming. 223 00:12:17,471 --> 00:12:19,113 And you're asking me to read this book? 224 00:12:20,448 --> 00:12:22,575 I don't know what I'm asking. 225 00:12:22,616 --> 00:12:24,368 You do. 226 00:12:24,410 --> 00:12:26,579 Now let yourself tell me. 227 00:12:28,789 --> 00:12:32,918 I don't think of myself as a fearful person 228 00:12:32,960 --> 00:12:35,755 or a particularly strategic thinker. 229 00:12:35,796 --> 00:12:38,299 As to the first, 230 00:12:38,340 --> 00:12:42,970 the job of living is the job of understanding that fear. 231 00:12:43,012 --> 00:12:44,555 As to the second... 232 00:12:45,973 --> 00:12:47,767 this, right here, is the place 233 00:12:47,808 --> 00:12:51,437 we give up the lies we tell ourselves about who we are. 234 00:12:51,479 --> 00:12:55,566 I said something so similar to somebody recently. 235 00:12:55,608 --> 00:12:57,443 But, shit, yes. 236 00:12:58,138 --> 00:13:00,571 Daniel, yes. It applies here too. 237 00:13:00,613 --> 00:13:02,406 I did something that was both strategic 238 00:13:02,448 --> 00:13:05,201 and driven by fear today. 239 00:13:05,242 --> 00:13:07,787 I engineered a way to distract the subjects 240 00:13:07,828 --> 00:13:10,289 of the book with the book itself. 241 00:13:10,331 --> 00:13:13,417 That way, they would lobby me about how they were portrayed 242 00:13:13,459 --> 00:13:15,795 instead of if they'd only heard about it, 243 00:13:15,836 --> 00:13:17,630 trying to get me not to publish it. 244 00:13:17,671 --> 00:13:21,801 So preying on their fear while giving in to your own. 245 00:13:23,344 --> 00:13:25,387 I'd like to tell myself that's not the case. 246 00:13:27,014 --> 00:13:28,641 Have you considered the other choice? 247 00:13:30,603 --> 00:13:32,061 Not publishing? 248 00:13:32,102 --> 00:13:34,438 - You think I shouldn't publish? - No. 249 00:13:35,681 --> 00:13:37,107 I'm not sharing that opinion. 250 00:13:37,149 --> 00:13:39,819 I'm asking a different question. 251 00:13:41,320 --> 00:13:44,990 What would it feel like to hold back? 252 00:13:45,793 --> 00:13:46,875 It feels... 253 00:13:48,702 --> 00:13:51,372 writing it felt like letting the bile out. 254 00:13:51,413 --> 00:13:53,332 Like coming clean. 255 00:13:53,374 --> 00:13:55,334 Like a chance to redeem not only myself, 256 00:13:55,376 --> 00:13:57,044 but the people who do this work 257 00:13:57,086 --> 00:13:58,712 and the people who want to. 258 00:13:58,754 --> 00:14:03,143 Or is this the performance of all that? 259 00:14:03,509 --> 00:14:06,679 Of letting go of the need for power 260 00:14:06,720 --> 00:14:09,181 and influence and money 261 00:14:09,223 --> 00:14:12,560 while still feeding all those same needs. 262 00:14:14,311 --> 00:14:16,856 Are you finally putting those temptations to bed? 263 00:14:17,898 --> 00:14:19,567 Or are you fueling them? 264 00:14:22,653 --> 00:14:24,071 Is that what it is? 265 00:14:25,322 --> 00:14:27,157 Probably not. 266 00:14:27,199 --> 00:14:29,368 Well, it's probably as you say. 267 00:14:29,410 --> 00:14:32,037 The arrow launched from the bow, 268 00:14:32,079 --> 00:14:34,039 point of no return and all that. 269 00:14:37,668 --> 00:14:38,878 Right? 270 00:14:47,094 --> 00:14:49,096 - Nihao. - Thanks. 271 00:14:50,639 --> 00:14:52,349 How was China? 272 00:14:52,391 --> 00:14:54,935 Here. Li shang wang lai. 273 00:14:54,977 --> 00:14:56,478 Traditional gift-giving. 274 00:14:59,773 --> 00:15:01,984 You don't open it in front of the giver. 275 00:15:02,026 --> 00:15:04,486 Philip is correct, you heathen. 276 00:15:04,528 --> 00:15:06,280 Thank you for your worldliness, Philip. 277 00:15:06,322 --> 00:15:07,948 Makes sense that Prince is considering you for... 278 00:15:07,990 --> 00:15:09,366 Was surprised you weren't in the room. 279 00:15:09,408 --> 00:15:11,160 I was still in the air, flying back. 280 00:15:11,201 --> 00:15:12,828 - Must've been why. - Right. 281 00:15:12,870 --> 00:15:14,455 You want to give this place a real gift? 282 00:15:14,496 --> 00:15:16,123 Get this Wendy Rhoades book spiked. 283 00:15:16,165 --> 00:15:17,791 Chronicles the era before my time here mostly, 284 00:15:17,833 --> 00:15:19,126 but it's distracting folks. 285 00:15:19,168 --> 00:15:20,669 - You read it? - On the plane. 286 00:15:20,711 --> 00:15:22,171 A real page-turner. 287 00:15:22,212 --> 00:15:24,423 The raw portrayals, the ugliness. 288 00:15:24,465 --> 00:15:26,091 Morale was so good after the party, 289 00:15:26,133 --> 00:15:28,010 but at the moment, it ain't great. 290 00:15:28,893 --> 00:15:31,430 I find Wendy's work kind of fascinating. 291 00:15:31,472 --> 00:15:34,058 And Lance isn't a wholly inaccurate depiction. 292 00:15:34,099 --> 00:15:35,893 "Dark, dangerous looks, 293 00:15:35,935 --> 00:15:38,520 and a knife fighter's attitude towards the stock market." 294 00:15:38,562 --> 00:15:39,897 Depiction of who? 295 00:15:39,939 --> 00:15:41,273 Me. 296 00:15:41,315 --> 00:15:43,859 Uh, by my read, Lance is clearly Victor. 297 00:15:43,901 --> 00:15:45,277 - That's right. - But I thought... 298 00:15:46,612 --> 00:15:48,530 Wait, then who am I? 299 00:15:48,572 --> 00:15:50,366 Ooh, Tom. You're Tom. 300 00:15:53,494 --> 00:15:57,247 "With a trading style as crisp as a basket of unfolded laundry. 301 00:15:57,289 --> 00:16:00,125 "Aggressive enough? Time would tell. 302 00:16:00,167 --> 00:16:02,878 But a world away from the typical alphas." 303 00:16:02,920 --> 00:16:04,588 There you go. 304 00:16:04,630 --> 00:16:06,632 Crap. This character is clueless. 305 00:16:06,674 --> 00:16:08,175 And he's barely even in it. 306 00:16:08,217 --> 00:16:09,635 Wags, you've gotta talk to Prince 307 00:16:09,677 --> 00:16:11,303 and get him to stop this damn book. 308 00:16:11,846 --> 00:16:14,169 Bigger issues on my desktop at the moment. 309 00:16:24,525 --> 00:16:26,443 What's up, gents? 310 00:16:27,987 --> 00:16:29,822 I come bearing gifts, 311 00:16:29,863 --> 00:16:31,448 and I'm not just talking about red gift-wrapped crap 312 00:16:31,490 --> 00:16:33,283 I picked up at duty-free. 313 00:16:33,325 --> 00:16:35,160 - We're listening. - I've got a way for us to slide, 314 00:16:35,202 --> 00:16:37,121 gigolo-style, into a Chinese payday. 315 00:16:37,162 --> 00:16:38,914 It's infrastructure-as-investment, 316 00:16:38,956 --> 00:16:42,334 a major Peeps Republic play in hydroelectric dams 317 00:16:42,376 --> 00:16:44,670 and high-speed rail across Asia. 318 00:16:44,712 --> 00:16:46,088 I set the table for you. 319 00:16:46,130 --> 00:16:48,924 Manchu-Han Imperial Banquet-style. 320 00:16:48,966 --> 00:16:50,843 All you need to do is lend your name 321 00:16:50,884 --> 00:16:53,012 so it all passes the smell test with Western investors, 322 00:16:53,053 --> 00:16:54,763 and sit back and collect your profits. 323 00:16:55,349 --> 00:16:56,515 Oh! 324 00:16:56,557 --> 00:16:58,600 And you don't even need to get on the flight. 325 00:16:58,642 --> 00:17:00,352 Just show up to a meeting with the partners 326 00:17:00,394 --> 00:17:02,771 and some highly motivated party officials 327 00:17:02,813 --> 00:17:04,273 who are in New York this week, 328 00:17:04,314 --> 00:17:07,484 and watch the renminbi come pouring in. 329 00:17:09,445 --> 00:17:11,071 Yeah, this is a probably not. 330 00:17:11,808 --> 00:17:13,532 Sorry, but we're on our way out. 331 00:17:13,574 --> 00:17:15,325 Hold on. This is free money. 332 00:17:15,367 --> 00:17:17,786 This is Amazon in '99. This is Bitcoin in '09. 333 00:17:17,828 --> 00:17:19,163 - This is... - Like he said. 334 00:17:19,204 --> 00:17:20,372 And like he said. 335 00:17:22,124 --> 00:17:24,001 You didn't even take your... 336 00:17:24,043 --> 00:17:25,419 What? 337 00:17:45,397 --> 00:17:47,316 You know, Kate, I kept checking the door 338 00:17:47,357 --> 00:17:50,235 at that sad fiesta Dave threw for me. 339 00:17:51,528 --> 00:17:53,238 But you didn't show. 340 00:17:53,280 --> 00:17:56,075 Seemed like it might change the focus of the event. 341 00:17:56,116 --> 00:17:58,368 But I did want to make sure to come see you. 342 00:17:59,167 --> 00:18:00,662 To congratulate you. 343 00:18:00,704 --> 00:18:03,707 To see what's next. To raise a toast to you. 344 00:18:03,749 --> 00:18:05,042 Oh. 345 00:18:10,089 --> 00:18:11,799 The thing is, 346 00:18:11,840 --> 00:18:13,467 because I trained you... 347 00:18:13,509 --> 00:18:16,804 and, to be fair, your father before me... 348 00:18:16,845 --> 00:18:20,933 and because of your current role as Prince's Leslie Abramson... 349 00:18:20,974 --> 00:18:23,560 Nice pull. Abramson didn't win all that much, 350 00:18:23,602 --> 00:18:26,105 so I don't really see the similarity, but... 351 00:18:27,596 --> 00:18:28,607 Oh, I miss this 352 00:18:28,649 --> 00:18:30,150 back and forth, 353 00:18:30,192 --> 00:18:31,568 the genuine rapport we always had. 354 00:18:31,610 --> 00:18:33,654 One of the reasons why I was so excited 355 00:18:33,695 --> 00:18:35,781 when Prince offered you a role in one of his... 356 00:18:37,449 --> 00:18:39,701 So this isn't merely a social call. 357 00:18:39,743 --> 00:18:42,204 Well, as you said, you trained me. 358 00:18:42,246 --> 00:18:44,873 Social calls weren't really part of the curriculum, were they? 359 00:18:44,915 --> 00:18:47,543 Well, you left before the education was finished. 360 00:18:48,733 --> 00:18:50,629 Here's a chance for us to learn together. 361 00:18:51,672 --> 00:18:52,965 Grow together. 362 00:18:54,007 --> 00:18:55,467 We joining Amway? 363 00:18:56,969 --> 00:18:58,637 If Amway were as highly functioning, 364 00:18:58,679 --> 00:19:00,597 efficient and collegial as Prince's organization, 365 00:19:00,639 --> 00:19:02,266 - I'd be all for it. - Oh. 366 00:19:02,307 --> 00:19:03,809 Except there's no way it's as lucrative. 367 00:19:03,851 --> 00:19:05,144 That good, huh? 368 00:19:06,395 --> 00:19:07,771 Water's warm, Chuck. 369 00:19:08,591 --> 00:19:09,648 And welcoming. 370 00:19:10,607 --> 00:19:13,026 In this post-everything environment, 371 00:19:13,068 --> 00:19:16,822 with the world shrinking for someone your age and profile... 372 00:19:16,864 --> 00:19:19,324 Prince offer might the best coming down the pike. 373 00:19:23,620 --> 00:19:25,664 Oh, here's to you, Kate. 374 00:19:25,706 --> 00:19:27,249 They may have made others like you, 375 00:19:27,291 --> 00:19:28,792 but I ain't come across one. 376 00:19:30,878 --> 00:19:32,045 Mm... 377 00:19:33,130 --> 00:19:35,007 And as to your mission, 378 00:19:35,048 --> 00:19:37,384 I will answer in due time. 379 00:19:38,594 --> 00:19:40,345 I thought it was bad form 380 00:19:40,387 --> 00:19:42,306 to have that Scooter Dunbar come to me as a surrogate, 381 00:19:42,347 --> 00:19:43,557 but I put that aside. 382 00:19:43,599 --> 00:19:45,601 And I have been pondering. 383 00:19:45,642 --> 00:19:47,436 And I give you my oath 384 00:19:47,477 --> 00:19:50,606 that I will surface a proper response. 385 00:19:50,647 --> 00:19:53,025 I have, in fact, been working on one. 386 00:19:54,318 --> 00:19:55,861 Prince. 387 00:19:56,521 --> 00:19:58,197 You know, the thing is, Chuck, 388 00:19:58,995 --> 00:20:00,699 Prince doesn't lose. 389 00:20:01,825 --> 00:20:03,368 Not for long. 390 00:20:03,410 --> 00:20:05,662 Seems to me he always gets what he wants, 391 00:20:05,704 --> 00:20:08,207 and right now 392 00:20:08,248 --> 00:20:11,210 what he wants is you. 393 00:20:14,713 --> 00:20:17,382 You had to assume, you had to know... 394 00:20:19,218 --> 00:20:22,554 you had to have told him that I would be in a warring posture 395 00:20:22,596 --> 00:20:25,849 toward the man who took what I was away from me. 396 00:20:28,644 --> 00:20:30,896 Even if you knew I'd hold no ill will toward you, 397 00:20:30,938 --> 00:20:34,024 who no doubt orchestrated it all. 398 00:20:34,066 --> 00:20:35,859 And I hold no ill will toward you. 399 00:20:37,110 --> 00:20:40,280 This, right now, is me at my kindest. 400 00:20:40,322 --> 00:20:42,074 I knew all that, 401 00:20:42,115 --> 00:20:44,243 and I came here anyway to tell you 402 00:20:44,284 --> 00:20:46,453 that this is the moment you accept who you are 403 00:20:46,495 --> 00:20:48,372 and not who you were, 404 00:20:48,413 --> 00:20:50,582 and to find something in the wide world of Prince 405 00:20:50,624 --> 00:20:52,000 that you want to do. 406 00:20:54,336 --> 00:20:56,421 There may be other paths for you, but they all... 407 00:20:56,463 --> 00:20:58,924 every highway, dirty road and gravel path... 408 00:20:58,966 --> 00:21:00,717 lead one way: 409 00:21:02,761 --> 00:21:06,139 to the even more complete destruction of Chuck Rhoades. 410 00:21:26,493 --> 00:21:28,578 You, Mike Prince, 411 00:21:28,620 --> 00:21:30,831 want a guaranteed income for New Yorkers? 412 00:21:30,872 --> 00:21:32,124 That's right. 413 00:21:32,165 --> 00:21:34,793 Cancer diagnosis? Tax dodge? 414 00:21:34,835 --> 00:21:36,420 Ashton Kutcher and friends 415 00:21:36,461 --> 00:21:38,088 going to come out of retirement to punk me? 416 00:21:38,130 --> 00:21:40,299 Just a plan to lift this city off its knees. 417 00:21:40,340 --> 00:21:42,676 My press guy, who knows how I feel about your tax bracket, 418 00:21:42,718 --> 00:21:44,511 that it shouldn't exist, 419 00:21:44,553 --> 00:21:47,514 he was ready to leak the fuck out of this meeting. 420 00:21:47,556 --> 00:21:49,349 He'll be fine. We're about to give him plenty to do. 421 00:21:49,391 --> 00:21:50,976 I'm Brooklyn borough president, 422 00:21:51,018 --> 00:21:52,644 but City Council has say over funds. 423 00:21:52,686 --> 00:21:54,313 They won't go along with this. 424 00:21:54,354 --> 00:21:55,981 You've got discretionary funds. 425 00:21:56,023 --> 00:21:58,191 - Not on that scale. - Then pull a Bull Moose. 426 00:21:58,233 --> 00:21:59,985 When T.R., the original Rough Rider, 427 00:22:00,027 --> 00:22:01,570 wanted to send his Great White Fleet of battleships 428 00:22:01,611 --> 00:22:03,947 around the world as a show of naval power, 429 00:22:03,989 --> 00:22:05,824 Congress wouldn't foot the bill. 430 00:22:05,866 --> 00:22:08,493 So he scraped together enough to send them halfway. 431 00:22:08,535 --> 00:22:10,495 Told Congress, "You want to bring 'em home, 432 00:22:10,537 --> 00:22:11,580 well, that's up to you." 433 00:22:11,621 --> 00:22:13,415 Announce the program, 434 00:22:13,457 --> 00:22:15,834 and then shame the progressive wing of the council 435 00:22:15,876 --> 00:22:17,336 into coming along with it. 436 00:22:17,377 --> 00:22:19,421 This time Brooklyn makes, 437 00:22:19,463 --> 00:22:21,798 the rest of the world takes. 438 00:22:21,840 --> 00:22:25,093 Mike Money starts here and now. 439 00:22:29,639 --> 00:22:32,976 Yeah, don't leak the meeting to the Times. 440 00:22:33,018 --> 00:22:35,854 We're gonna give them a much bigger story. 441 00:23:13,934 --> 00:23:15,477 Motherhusker. 442 00:23:20,702 --> 00:23:23,402 When I first arrived, you probably knew me as a data cruncher. 443 00:23:23,443 --> 00:23:24,903 I was green, so the sun rose and set 444 00:23:24,945 --> 00:23:26,405 with the numbers for me. 445 00:23:26,446 --> 00:23:27,739 And, sure, the results were good... 446 00:23:27,781 --> 00:23:28,974 market-beating. 447 00:23:29,044 --> 00:23:31,076 Someone's confidence level is market-beating too. 448 00:23:31,118 --> 00:23:32,577 And they're being tapped for leadership, 449 00:23:32,619 --> 00:23:34,679 - but when I do that, it's called... - Obnoxious. 450 00:23:35,789 --> 00:23:37,207 I was gonna say too aggressive. 451 00:23:37,249 --> 00:23:38,417 Jeez. 452 00:23:38,458 --> 00:23:39,543 But time has passed, 453 00:23:39,642 --> 00:23:40,970 and now I have experience. 454 00:23:41,028 --> 00:23:43,130 I've been through the wars and bear my scars 455 00:23:43,171 --> 00:23:44,423 and my wins. 456 00:23:44,464 --> 00:23:45,924 But I have also evolved. 457 00:23:45,966 --> 00:23:47,884 Now I recognize events. 458 00:23:47,926 --> 00:23:49,428 And when I see one, I have got the stomach to go all in... 459 00:23:49,469 --> 00:23:51,263 Shooter, shooter, coming out! 460 00:23:51,304 --> 00:23:52,472 Excuse me? 461 00:23:52,514 --> 00:23:54,641 What you're describing is... 462 00:23:54,683 --> 00:23:56,143 An event-driven approach, 463 00:23:56,184 --> 00:23:57,602 combined with early-stage investment 464 00:23:57,644 --> 00:23:58,812 in hyper-growth companies. 465 00:23:58,854 --> 00:24:00,272 Disruptors... 466 00:24:00,313 --> 00:24:02,023 And that sounds pretty damn good. 467 00:24:02,065 --> 00:24:04,151 What it sounds like is, you're a gunslinger. 468 00:24:04,192 --> 00:24:06,695 Sexy rap, but what's the process going to be? 469 00:24:06,736 --> 00:24:08,196 Everyone here knows I'm thorough, 470 00:24:08,238 --> 00:24:10,240 and my process will be solid. 471 00:24:10,282 --> 00:24:12,701 But more importantly, that I don't have to conform to styles. 472 00:24:12,742 --> 00:24:15,078 I can see the way the pieces are moving and make a big call. 473 00:24:15,120 --> 00:24:16,705 Sure, you're John Tuld, 474 00:24:16,746 --> 00:24:18,373 and you know when the music's going to stop. 475 00:24:18,415 --> 00:24:19,916 And the result could be a hot quarter, 476 00:24:19,958 --> 00:24:22,627 but over time, once your barrels cool off, 477 00:24:22,669 --> 00:24:24,588 what's the work environment gonna be like? 478 00:24:24,629 --> 00:24:26,798 I mean, this place was already a Wild West show. 479 00:24:28,008 --> 00:24:29,634 I, too, would like to know. 480 00:24:30,677 --> 00:24:32,888 Yep. Me too. 481 00:24:32,929 --> 00:24:34,639 Yeah, you gonna peel people off 482 00:24:34,681 --> 00:24:36,308 at the slightest sign of a downturn? 483 00:24:36,349 --> 00:24:38,268 It's always really the highest earner 484 00:24:38,310 --> 00:24:39,478 who commands the most respect, 485 00:24:39,519 --> 00:24:40,937 so if you were in charge, 486 00:24:40,979 --> 00:24:42,898 what would the leadership climate be? 487 00:24:42,939 --> 00:24:45,150 Tough but fair. Results-based. 488 00:24:45,192 --> 00:24:47,319 You deliver, you'll get room to run, innovate. 489 00:24:47,360 --> 00:24:49,863 You stumble, things tighten up. That's the reality. 490 00:24:49,905 --> 00:24:52,157 You want hugs and tea? Go to an ashram. 491 00:24:52,987 --> 00:24:54,743 You want to get rich, come to me. 492 00:24:56,036 --> 00:24:57,829 You here to make money or make friends? 493 00:24:57,871 --> 00:25:00,999 That's really the only question you need to ask. 494 00:25:01,041 --> 00:25:03,251 I've got one other question. 495 00:25:03,293 --> 00:25:05,545 What's for lunch, Chef? 496 00:25:05,587 --> 00:25:08,298 Today, the lunch is from abcV. 497 00:25:08,340 --> 00:25:10,133 All plant-based and vegan. 498 00:25:10,175 --> 00:25:11,927 We have smoked potato and aioli. 499 00:25:11,968 --> 00:25:14,304 We have cauliflower and turmeric. 500 00:25:14,346 --> 00:25:16,306 We have some dates, some coconuts, 501 00:25:16,348 --> 00:25:17,766 dosas, lentils. 502 00:25:17,807 --> 00:25:19,643 - Bon appΓ©tit. - Let's eat! 503 00:25:19,684 --> 00:25:20,852 Philip... 504 00:25:22,729 --> 00:25:23,897 help yourself to a plate... 505 00:25:25,190 --> 00:25:26,775 and eat it at your desk. 506 00:25:39,037 --> 00:25:40,205 Hmm! 507 00:25:40,247 --> 00:25:42,123 If I'd had this before, 508 00:25:42,165 --> 00:25:44,459 prosecuting you all would've been a hell of a lot easier. 509 00:25:44,501 --> 00:25:46,670 While we're on the subject of career flubs, 510 00:25:46,711 --> 00:25:49,130 help me understand what's so fucking toxic 511 00:25:49,172 --> 00:25:51,299 about Chinese money all of a sudden? 512 00:25:51,341 --> 00:25:53,385 I heard Mike didn't go for your Chinese infrastructure thing. 513 00:25:53,426 --> 00:25:55,470 If there's some restricted list I ignored, 514 00:25:55,512 --> 00:25:57,556 like every other email in my inbox... 515 00:25:57,597 --> 00:25:59,849 No. I signed off on it. Not toxic to me. 516 00:25:59,891 --> 00:26:01,226 Or Compliance. Or Risk Management. 517 00:26:01,268 --> 00:26:02,519 The fuck am I missing here? 518 00:26:03,562 --> 00:26:05,397 Maybe just this. 519 00:26:05,438 --> 00:26:07,148 Mike knows a lot of things that we don't. 520 00:26:07,190 --> 00:26:09,818 And we both know he's not sloppy or erratic 521 00:26:09,859 --> 00:26:12,279 or impulsive, not about anything, ever. 522 00:26:12,320 --> 00:26:14,364 So I don't even push? 523 00:26:14,406 --> 00:26:17,075 I just leave all the stacks of yuan on the table? 524 00:26:18,119 --> 00:26:20,704 All I can tell you is what a good lawyer does: 525 00:26:20,745 --> 00:26:23,123 Obey your client's wishes, however ill-advised, 526 00:26:23,164 --> 00:26:24,666 but keep all options open, 527 00:26:24,708 --> 00:26:26,585 in case they come to their senses. 528 00:26:37,304 --> 00:26:41,224 Well, I thought we could have a more honest conversation here. 529 00:26:41,266 --> 00:26:43,435 I was honest at the shindig the other day. 530 00:26:43,976 --> 00:26:45,437 But, yes. 531 00:26:45,478 --> 00:26:47,897 Absolutely easier to meet out of the office. 532 00:26:48,879 --> 00:26:50,859 You pushed back plenty hard on me. 533 00:26:50,900 --> 00:26:53,778 - I have to be independent. - Of course. 534 00:26:53,820 --> 00:26:57,240 But if there are commonalities of interest, 535 00:26:57,282 --> 00:26:58,783 paths to success for both of us, 536 00:26:58,825 --> 00:27:00,410 I will hear you out. 537 00:27:01,514 --> 00:27:03,830 Hear me on why Mike Money is such a good target. 538 00:27:03,872 --> 00:27:06,291 Not sure I see it the same way. 539 00:27:07,707 --> 00:27:09,919 The "Mike" in Mike Money is the guy who engineered my removal. 540 00:27:11,022 --> 00:27:12,380 He did that thing. 541 00:27:12,422 --> 00:27:14,674 It doesn't mean this thing is all wrong. 542 00:27:14,716 --> 00:27:16,676 He wants to give vast sums of money away 543 00:27:16,718 --> 00:27:18,720 - to people who need it... - The question to ask yourself 544 00:27:18,762 --> 00:27:20,263 when it comes to these magnates is: 545 00:27:20,305 --> 00:27:21,681 Why? 546 00:27:21,723 --> 00:27:24,351 Why is he giving away this much zloty? 547 00:27:25,453 --> 00:27:26,895 Here's a why: 548 00:27:26,936 --> 00:27:29,689 Why does it matter if he, in fact, 549 00:27:29,731 --> 00:27:31,566 gives this money away with no direct benefit 550 00:27:31,608 --> 00:27:33,109 coming back to him, 551 00:27:33,151 --> 00:27:35,278 and doesn't break the law doing it? 552 00:27:36,446 --> 00:27:38,490 Because we both know. 553 00:27:38,531 --> 00:27:40,492 Guys like him, there's always a benefit. 554 00:27:40,533 --> 00:27:42,661 It's always about themselves. 555 00:27:42,702 --> 00:27:45,246 Probably wants to scoop up the stimmies and invest them, 556 00:27:45,288 --> 00:27:47,582 or ride the market wave on the inflow. 557 00:27:47,624 --> 00:27:51,127 And let's talk about those vast sums. 558 00:27:51,169 --> 00:27:53,338 Where do you imagine they're coming from? 559 00:27:54,107 --> 00:27:56,841 His bank account. His money belt. 560 00:27:57,772 --> 00:28:00,512 I can't find evidence of that in any of the firm's disclosures. 561 00:28:00,553 --> 00:28:02,806 No, Prince hasn't liquidated any positions. 562 00:28:02,847 --> 00:28:04,974 In fact, the fund is levered up. 563 00:28:08,824 --> 00:28:10,021 My thought is, 564 00:28:10,063 --> 00:28:11,523 he's going to borrow against the land 565 00:28:11,564 --> 00:28:14,067 he rolled up for the Olympics, 566 00:28:14,109 --> 00:28:17,487 land your office can take back by right. 567 00:28:17,529 --> 00:28:19,114 He bought it for an express purpose, 568 00:28:19,155 --> 00:28:20,490 for which he isn't using it. 569 00:28:20,532 --> 00:28:22,492 Can't, in fact. 570 00:28:22,534 --> 00:28:25,161 There's truth in what you're saying, 571 00:28:25,203 --> 00:28:28,123 but as I sit here chewing it over, 572 00:28:28,164 --> 00:28:29,916 I don't want to digest it, 573 00:28:29,958 --> 00:28:31,876 because it's starting to taste a bit rank. 574 00:28:32,954 --> 00:28:34,921 You went all in against Prince, 575 00:28:34,963 --> 00:28:38,341 and if we are honest with each other, you lost. 576 00:28:39,426 --> 00:28:42,345 You won a round, but you lost. 577 00:28:43,242 --> 00:28:44,973 If same happens to me, 578 00:28:45,014 --> 00:28:47,225 all our other work is jeopardized. 579 00:28:48,852 --> 00:28:51,229 Not a mistake I want to make. 580 00:28:52,439 --> 00:28:55,233 Not now. Not at the beginning. 581 00:28:56,443 --> 00:28:57,610 Hmm. 582 00:29:16,671 --> 00:29:18,465 All right, my friends. 583 00:29:18,506 --> 00:29:19,924 Got the Golden Boy here. 584 00:29:19,966 --> 00:29:21,426 It is Glenlivet scotch, 585 00:29:21,468 --> 00:29:23,052 Madeira and a little bit of Calvados. 586 00:29:23,094 --> 00:29:24,429 Thank you. Alex here has my card, 587 00:29:24,471 --> 00:29:26,845 so order what you want on my tab. 588 00:29:26,880 --> 00:29:27,932 Thank you. 589 00:29:28,725 --> 00:29:30,351 Is everyone sufficiently hydrated? 590 00:29:30,393 --> 00:29:32,020 Good. I'll get going. 591 00:29:32,061 --> 00:29:33,646 I want to talk about systems. 592 00:29:33,688 --> 00:29:35,940 Running things proper, so the returns are too. 593 00:29:35,982 --> 00:29:37,817 Oh, this is a pitch session? 594 00:29:37,859 --> 00:29:38,985 I thought it was just a drinks thing 595 00:29:39,027 --> 00:29:40,403 under the all-inclusive banner. 596 00:29:40,445 --> 00:29:42,238 Anyway, continue. 597 00:29:42,280 --> 00:29:44,491 Winning in today's environment is really about rigor. 598 00:29:44,532 --> 00:29:46,284 Research. Opportunities. 599 00:29:46,326 --> 00:29:48,495 We start with data, prove our hypothesis, 600 00:29:48,536 --> 00:29:50,580 test it scientifically, manage our risk, 601 00:29:50,622 --> 00:29:51,956 and take our profits to the... 602 00:29:53,666 --> 00:29:55,460 Hooray, another cookie-cutter hedge fund. 603 00:29:55,502 --> 00:29:57,970 You'll manage to turn a bellwether into one of the herd, 604 00:29:58,005 --> 00:29:59,214 if they go along with you. 605 00:29:59,255 --> 00:30:01,466 Yeah, the buttoned-down approach has never worked for me. 606 00:30:01,508 --> 00:30:03,134 I got to be able to make moves. 607 00:30:03,176 --> 00:30:05,136 Sure, it's easy to mock being technically sound, 608 00:30:05,178 --> 00:30:06,763 but the goal isn't just a few hot quarters. 609 00:30:06,805 --> 00:30:09,140 It's a real track record. A career. 610 00:30:09,182 --> 00:30:10,892 So under your stewardship, 611 00:30:10,934 --> 00:30:12,769 you'd be blocking the high-risk/high-reward stuff. 612 00:30:12,811 --> 00:30:14,979 That would have left us out of crypto, certain tech. 613 00:30:15,021 --> 00:30:16,648 That happened to me, I'd off myself. 614 00:30:18,441 --> 00:30:19,484 Or the boss who wouldn't let me 615 00:30:19,526 --> 00:30:21,152 risk it for the biscuit. 616 00:30:21,194 --> 00:30:23,321 I too would find that tough to live with. 617 00:30:23,363 --> 00:30:24,781 Opportunities are finite. 618 00:30:24,823 --> 00:30:27,450 - Too conservative an approach, and... - Let's stay on track. 619 00:30:27,492 --> 00:30:29,369 My method is not going to leave profit on the table 620 00:30:29,410 --> 00:30:31,037 at the expense of whatever gains you guy... 621 00:30:31,079 --> 00:30:34,624 Oh! Classic throwback. 622 00:30:34,666 --> 00:30:36,960 ♪ Left my wallet ♪ ♪ In El Segundo ♪ 623 00:30:37,001 --> 00:30:39,504 ♪ Left my wallet in El Segundo ♪ 624 00:30:39,546 --> 00:30:42,048 Lookit. Bachelorette party, 12 o'clock high. 625 00:30:42,090 --> 00:30:43,842 The ultimate proving ground. 626 00:30:46,219 --> 00:30:48,388 Tiaras and everything. Let's go. 627 00:30:48,429 --> 00:30:50,557 No. I can't. 628 00:30:50,598 --> 00:30:51,975 Too intimidating. 629 00:30:52,700 --> 00:30:53,726 You can. 630 00:30:53,768 --> 00:30:55,019 Go get 'em. 631 00:30:55,061 --> 00:30:56,229 You got this. 632 00:31:00,860 --> 00:31:01,901 You're right. 633 00:31:03,138 --> 00:31:04,362 I'm no Tom. 634 00:31:04,959 --> 00:31:06,281 I can be a Lance. 635 00:31:09,659 --> 00:31:10,869 I will be. 636 00:31:10,910 --> 00:31:12,829 Damn right. I'll lead. 637 00:31:12,871 --> 00:31:14,622 You stay on my wing. 638 00:31:14,664 --> 00:31:18,167 Alex, start eight shots of your best tequila chilling. 639 00:31:18,209 --> 00:31:20,336 Put it on the tab. We'll be back with our new friends. 640 00:31:20,378 --> 00:31:22,547 Whoa, wait, we were just in the middle of this. 641 00:31:22,589 --> 00:31:24,382 I thought we were kind of done. 642 00:31:24,424 --> 00:31:25,592 Just give me five. 643 00:31:28,386 --> 00:31:29,721 Fun venue. 644 00:31:29,762 --> 00:31:31,556 Tough place for work talk. 645 00:31:31,598 --> 00:31:32,615 Uh-huh. 646 00:31:33,933 --> 00:31:36,060 I gotta get it I got, got to get... 647 00:31:36,790 --> 00:31:39,230 It should be you. I know it. Just so you know it. 648 00:31:39,272 --> 00:31:40,690 - About what I said... - I know it. 649 00:31:40,732 --> 00:31:42,233 You know it. 650 00:31:42,275 --> 00:31:43,401 That's all. 651 00:31:49,282 --> 00:31:51,910 The irony is, they're off by a couple bil. 652 00:31:53,494 --> 00:31:56,122 Our aerospace holdings aren't public yet. 653 00:31:56,164 --> 00:31:58,124 Let's focus on the Mike Money rollout. 654 00:31:58,166 --> 00:32:00,293 Others throw mud, we play error-free ball. 655 00:32:00,335 --> 00:32:02,837 Nice work circulating that Finnish study. 656 00:32:02,879 --> 00:32:05,006 - Press are all citing it. - Most reporters are lazy. 657 00:32:05,048 --> 00:32:06,758 You just got to cut their steak for them. 658 00:32:06,799 --> 00:32:08,762 Yang was effusive on MSNBC. 659 00:32:08,797 --> 00:32:10,595 Got Maddow to call it "Mike Money" by the end of the segment. 660 00:32:10,637 --> 00:32:12,430 AOC called, Bob Reich called. 661 00:32:12,472 --> 00:32:14,057 Novo wants to help on the crypto piece. 662 00:32:14,098 --> 00:32:15,725 Plus half of City Council called. 663 00:32:15,767 --> 00:32:17,518 I want to call them all personally. 664 00:32:17,560 --> 00:32:19,187 Press requests are coming in too. 665 00:32:19,228 --> 00:32:21,689 The plan is to sit with a few who really shape the CW... 666 00:32:21,731 --> 00:32:23,232 the Heilemanns, the Habermans... 667 00:32:23,274 --> 00:32:25,944 to generate think pieces on your new capitalism. 668 00:32:25,985 --> 00:32:28,279 Clock's already viral. 669 00:32:28,321 --> 00:32:30,448 Gail texted me some of the memes, Andy too. 670 00:32:30,490 --> 00:32:32,575 Now, if it's reached high-altitude at Longs Peak, 671 00:32:32,617 --> 00:32:34,535 it's gonna make Mike Money look like pocket change. 672 00:32:34,577 --> 00:32:36,079 Who the heck put it there? 673 00:32:36,120 --> 00:32:38,289 Several groups are taking credit. 674 00:32:38,331 --> 00:32:41,125 Like the terrorist attack it is. 675 00:32:41,167 --> 00:32:43,920 - Anything? - I don't see a legal recourse. 676 00:32:43,962 --> 00:32:45,838 - It's defamation. - Not if it's factual. 677 00:32:45,880 --> 00:32:49,008 What about a zoning violation? This is a residential street. 678 00:32:49,050 --> 00:32:51,302 If we want to wait six months for the Department of Buildings 679 00:32:51,344 --> 00:32:52,971 to sort it out, sure. 680 00:32:53,012 --> 00:32:54,472 So we throw Skadden Arps at whoever put it up, 681 00:32:54,514 --> 00:32:55,765 drown them in billable hours. 682 00:32:55,807 --> 00:32:57,767 We don't know where to throw. 683 00:32:57,809 --> 00:33:00,770 It's paid for by a 501(c)(3) that hasn't disclosed, 684 00:33:00,812 --> 00:33:02,397 and rents space from a wholly-owned subsidiary. 685 00:33:02,438 --> 00:33:04,273 - Whoever did this did it right. - Hello? 686 00:33:04,315 --> 00:33:06,401 Yes, Madame Borough President. 687 00:33:06,442 --> 00:33:07,944 I have him right here. 688 00:33:09,404 --> 00:33:11,239 Some magic act. 689 00:33:11,280 --> 00:33:13,992 Sawing a lady in half while she screams her lungs out. 690 00:33:14,033 --> 00:33:16,494 It's a stunt. It's coming down. 691 00:33:16,536 --> 00:33:18,413 And the press stories and the Twitter posts? 692 00:33:18,454 --> 00:33:19,998 They coming down too? 693 00:33:20,039 --> 00:33:21,833 We're tackling income inequality, 694 00:33:21,874 --> 00:33:24,127 and you're surprised to find stones in our passway? 695 00:33:24,168 --> 00:33:25,670 You want the blues, Mike? 696 00:33:25,712 --> 00:33:27,255 Talk to the OMB. 697 00:33:27,296 --> 00:33:29,507 Talk to the Council Finance Committee, 698 00:33:29,549 --> 00:33:32,677 'cause they want to know how we go Dutch on Mike Money 699 00:33:32,719 --> 00:33:35,138 when you've got more than the whole damn city. 700 00:33:35,179 --> 00:33:37,015 It's a one-day story. 701 00:33:38,391 --> 00:33:39,767 Clock's ticking. 702 00:33:47,025 --> 00:33:48,860 Bonnie, it's so nice to... 703 00:33:48,901 --> 00:33:51,154 "Bryn, so tough, yet so brittle 704 00:33:51,195 --> 00:33:52,530 "that a friendly pat on the shoulder 705 00:33:52,572 --> 00:33:54,866 might break her into a thousand pieces." 706 00:33:54,907 --> 00:33:56,492 Fuck that shit. 707 00:33:56,534 --> 00:33:59,203 Bryn isn't you, Bonnie. 708 00:33:59,245 --> 00:34:00,455 Shit. 709 00:34:01,956 --> 00:34:04,167 Yes, she is. She is. You are. 710 00:34:04,208 --> 00:34:05,918 You can't do this 711 00:34:05,960 --> 00:34:08,004 because it's wrong and unfair, 712 00:34:08,046 --> 00:34:10,423 and feels like a violation of trust. 713 00:34:10,465 --> 00:34:12,258 We can talk about those feelings. 714 00:34:12,300 --> 00:34:15,053 I don't want to talk to you about my feelings ever again. 715 00:34:15,094 --> 00:34:17,096 You made me think that I had feelings, 716 00:34:17,138 --> 00:34:20,975 which I was fucking just fine before all of that bullshit. 717 00:34:21,017 --> 00:34:23,186 And now I, like, cry. 718 00:34:23,227 --> 00:34:24,729 - Really? - You do? 719 00:34:24,771 --> 00:34:27,523 Once, but the point is... 720 00:34:27,565 --> 00:34:30,276 Fuck, Wendy, what the fuck? 721 00:34:32,779 --> 00:34:35,698 The truth isn't always pleasant, but it is useful. 722 00:34:35,740 --> 00:34:38,201 Not to this place. It will... 723 00:34:38,242 --> 00:34:39,827 Internally, it is causing trouble. 724 00:34:39,869 --> 00:34:41,162 And externally, it is going to make us 725 00:34:41,204 --> 00:34:42,580 look ridiculous and... 726 00:34:42,622 --> 00:34:44,082 I know, a man in your position 727 00:34:44,123 --> 00:34:45,833 cannot afford to look ridiculous. 728 00:34:45,875 --> 00:34:48,336 I was not going to quote Godfather at you, 729 00:34:48,377 --> 00:34:50,755 but now that you have, yes. 730 00:34:50,797 --> 00:34:53,633 Look, if there are particular details 731 00:34:53,674 --> 00:34:56,385 that you find personally revealing... 732 00:34:56,427 --> 00:34:57,970 and for the record, let me be clear 733 00:34:58,012 --> 00:34:59,764 that none of this is really about any of you 734 00:34:59,806 --> 00:35:01,891 in a way that is actionable, 735 00:35:01,933 --> 00:35:04,894 which has been vetted by the publisher and et cetera... 736 00:35:04,936 --> 00:35:06,604 But if there are particular details 737 00:35:06,646 --> 00:35:08,231 that you wish changed, 738 00:35:08,272 --> 00:35:11,943 well, that's why I gave you an early look. 739 00:35:11,984 --> 00:35:14,320 What if you just fucking stuff it. 740 00:35:14,362 --> 00:35:16,864 I have a suggestion for where. 741 00:35:16,906 --> 00:35:18,741 I can't. 742 00:35:18,783 --> 00:35:21,244 I have to get this out there. 743 00:35:21,285 --> 00:35:23,246 I have to tell the truth. 744 00:35:23,287 --> 00:35:24,914 Sorry it hurts. 745 00:35:24,956 --> 00:35:27,083 Sorry isn't the end of anything. 746 00:35:27,125 --> 00:35:28,960 If you mean it, it's supposed to be the beginning 747 00:35:29,001 --> 00:35:30,628 that leads to a change. 748 00:35:30,670 --> 00:35:33,464 You've just described what my book is. 749 00:35:33,506 --> 00:35:35,967 Rule number one of apologies is: 750 00:35:36,008 --> 00:35:38,302 You don't do it if it makes the situation worse. 751 00:35:38,344 --> 00:35:40,304 Well fucking said, Ben Kim. 752 00:35:59,365 --> 00:36:01,701 Ah, soy. 753 00:36:01,742 --> 00:36:04,579 The OG in alternative milks. 754 00:36:04,620 --> 00:36:07,081 - It stands the test of time. - Sure, 755 00:36:07,123 --> 00:36:09,250 because people have become habituated to it. 756 00:36:09,292 --> 00:36:11,669 To me, it has the mouthfeel of puddle water 757 00:36:11,711 --> 00:36:13,296 and tastes like I would imagine 758 00:36:13,337 --> 00:36:14,797 the breast milk of a lactating vegan drifter 759 00:36:14,839 --> 00:36:17,425 living out of a VW camper van would. 760 00:36:17,466 --> 00:36:19,552 And look at you with your blessed oat milk. 761 00:36:19,594 --> 00:36:22,513 It froths velvety smooth for asinine latte art, 762 00:36:22,555 --> 00:36:24,557 which you probably practice in your free time. 763 00:36:24,599 --> 00:36:25,808 And the caloric content? 764 00:36:25,850 --> 00:36:27,435 You may not be drinking cow, 765 00:36:27,476 --> 00:36:28,811 but enough oat and you'll be fat as one. 766 00:36:28,853 --> 00:36:30,438 With zero nutritional value. 767 00:36:31,145 --> 00:36:32,607 You sure you haven't puffed up a bit 768 00:36:32,648 --> 00:36:34,525 since your first cup at the opening bell? 769 00:36:43,910 --> 00:36:46,454 Just look at fucking that. 770 00:36:46,495 --> 00:36:48,164 - Mm. - Just as you said. 771 00:36:48,206 --> 00:36:50,625 It's like the statue of David. 772 00:36:50,666 --> 00:36:52,460 It's one thing to hear about it, 773 00:36:52,501 --> 00:36:54,503 another thing to see it in person. 774 00:36:54,545 --> 00:36:56,589 David really is something up close. 775 00:36:58,437 --> 00:37:01,385 People know the truth. That's why they're here. 776 00:37:01,427 --> 00:37:03,387 That's why they're talking about this. 777 00:37:03,429 --> 00:37:05,973 A man like Prince shouldn't be holding all this city's land. 778 00:37:06,015 --> 00:37:07,391 All he'll do is want more. 779 00:37:07,433 --> 00:37:10,561 More land. More money. More. 780 00:37:10,603 --> 00:37:11,896 And it seems to me that... 781 00:37:11,938 --> 00:37:13,272 Yeah. 782 00:37:13,314 --> 00:37:14,941 He has more than he should have right now. 783 00:37:16,317 --> 00:37:17,526 I get it. 784 00:37:39,257 --> 00:37:42,739 _ 785 00:37:59,235 --> 00:38:02,113 I calibrated your turntable's air suspension system. 786 00:38:02,154 --> 00:38:04,240 - And the new stylus? - Installed. 787 00:38:04,282 --> 00:38:05,908 A Clearaudio Goldfinger, 788 00:38:05,950 --> 00:38:08,452 16 grams of pure gold. 789 00:38:08,494 --> 00:38:10,621 We have a far more expensive problem. 790 00:38:16,460 --> 00:38:18,713 The NYAG secured a court order 791 00:38:18,754 --> 00:38:20,548 and seized back all the Olympic land 792 00:38:20,589 --> 00:38:21,799 without a refund. 793 00:38:21,841 --> 00:38:23,092 Seeking damages too. 794 00:38:23,134 --> 00:38:25,261 That's my land. I own it. 795 00:38:25,303 --> 00:38:26,721 I spoke with Sacker about it. 796 00:38:26,762 --> 00:38:28,639 By using them for another purpose, 797 00:38:28,681 --> 00:38:30,975 you arguably defaulted on the performance-based mortgages 798 00:38:31,017 --> 00:38:33,019 - from the land bank. - Damn. 799 00:38:33,060 --> 00:38:35,730 I knew we had a Chuck problem, but he's gone. 800 00:38:35,771 --> 00:38:38,607 So, do we have a Dave problem? 801 00:38:38,649 --> 00:38:40,609 Let's find out. 802 00:38:44,572 --> 00:38:46,073 This suits you. 803 00:38:46,115 --> 00:38:47,992 You look at home already. 804 00:38:48,034 --> 00:38:50,494 You didn't come to welcome me to the neighborhood. 805 00:38:50,536 --> 00:38:52,330 No, not entirely. 806 00:38:52,371 --> 00:38:54,790 I came in the hopes of us moving past any squabbles 807 00:38:54,832 --> 00:38:56,334 I might have had with your predecessor. 808 00:38:56,375 --> 00:38:58,127 You came for your land. 809 00:38:58,169 --> 00:38:59,587 I did. 810 00:38:59,628 --> 00:39:01,672 But it's not yours. 811 00:39:01,714 --> 00:39:03,049 Not really. 812 00:39:03,090 --> 00:39:04,759 You entered into a compact. 813 00:39:04,800 --> 00:39:06,552 Your needs changed, I get it. 814 00:39:06,594 --> 00:39:09,513 But that broke the compact, so we took it back. 815 00:39:09,555 --> 00:39:13,934 And just to be clear, the "we" is the NYAG. 816 00:39:13,976 --> 00:39:15,519 Me. My office. 817 00:39:15,561 --> 00:39:17,271 Not me and Chuck. 818 00:39:17,313 --> 00:39:19,148 Well, then I'd like to make a new compact, 819 00:39:19,190 --> 00:39:21,734 do a new transaction. 820 00:39:21,776 --> 00:39:23,361 I have other uses 821 00:39:23,402 --> 00:39:26,072 for those patches of dirt, very worthy uses. 822 00:39:26,113 --> 00:39:27,865 I'm going to say no. 823 00:39:29,127 --> 00:39:30,427 Well, if that's your position, 824 00:39:30,462 --> 00:39:32,244 this is going to end in lawsuits. 825 00:39:32,286 --> 00:39:33,746 Or tears. 826 00:39:33,788 --> 00:39:35,706 And they're not going to be mine. 827 00:39:36,661 --> 00:39:39,218 Haven't cried since I saw Sophie's Choice. 828 00:39:39,253 --> 00:39:40,753 And the truth is, 829 00:39:40,795 --> 00:39:44,590 even then I was faking it because I was on a date. 830 00:39:44,632 --> 00:39:47,343 So, good luck. 831 00:39:58,771 --> 00:40:00,189 He's rattled. 832 00:40:00,231 --> 00:40:01,690 Can you rattle him more? 833 00:40:01,732 --> 00:40:03,401 I believe I can. 834 00:40:09,615 --> 00:40:12,326 Yes, I never got back to you about those job offers. 835 00:40:12,368 --> 00:40:15,204 My answer is, I already have a job. 836 00:40:15,246 --> 00:40:17,164 Exposing Mike Prince, dollar by dollar, 837 00:40:17,206 --> 00:40:19,917 for the scourge that he is. 838 00:40:19,959 --> 00:40:21,919 Now, Chuck, 839 00:40:21,961 --> 00:40:23,754 a man who tells on himself like that 840 00:40:23,796 --> 00:40:26,090 is both snitch and scoundrel. 841 00:40:26,132 --> 00:40:27,967 Yeah, better than being an accomplice. 842 00:40:34,974 --> 00:40:36,559 It's her. It's Dave. 843 00:40:36,600 --> 00:40:39,311 - We have a Dave problem. - No. Not just her. 844 00:40:39,353 --> 00:40:40,938 We don't have a Chuck or Dave problem. 845 00:40:40,980 --> 00:40:42,356 We have both. 846 00:40:51,615 --> 00:40:54,118 You can spare me the breakfast buffet. 847 00:40:54,160 --> 00:40:56,620 You came all this way. The least I can do is feed you. 848 00:40:56,662 --> 00:40:58,289 I'm not here out of deference. 849 00:40:58,330 --> 00:40:59,957 Or hunger pangs, for that matter. 850 00:40:59,999 --> 00:41:01,792 Right now? 851 00:41:01,834 --> 00:41:04,211 I can't be seen taking a meeting with you in Borough Hall. 852 00:41:04,253 --> 00:41:06,255 And I always break up in person. 853 00:41:06,297 --> 00:41:08,799 If this is about the Attorney General's land grab... 854 00:41:08,841 --> 00:41:10,718 It's about all of it. 855 00:41:12,595 --> 00:41:15,329 What's the charge here? That I'm rich? 856 00:41:15,364 --> 00:41:16,423 Of course I am. 857 00:41:17,266 --> 00:41:18,601 That I can afford to free people 858 00:41:18,642 --> 00:41:20,478 from the hamster wheel of poverty? 859 00:41:20,519 --> 00:41:21,687 Damn right I can. 860 00:41:23,522 --> 00:41:25,316 Rhoades and Mahar want to make this about me. 861 00:41:25,357 --> 00:41:27,318 No, this is about the people getting squeezed so tight 862 00:41:27,359 --> 00:41:29,236 they can't even breathe. 863 00:41:30,053 --> 00:41:33,532 Now why would anyone think that Mike Money was about you? 864 00:41:36,660 --> 00:41:38,787 I can put this back together. 865 00:41:38,829 --> 00:41:41,999 - Help me keep those lands... - Help you? 866 00:41:42,041 --> 00:41:43,792 When according to that clock outside, 867 00:41:43,834 --> 00:41:46,837 you blink and the boodle just rolls in. 868 00:41:46,879 --> 00:41:50,174 I'm out, the mayor's out, the council's out. 869 00:41:50,216 --> 00:41:52,051 Might as well grab a fistful of that Mike Money 870 00:41:52,092 --> 00:41:53,677 and play Monopoly with it. 871 00:41:53,719 --> 00:41:55,721 At least it'll be good for something. 872 00:42:00,518 --> 00:42:02,811 Yang left a voicemail. I didn't want to... 873 00:42:05,022 --> 00:42:06,857 He's out too. 874 00:42:06,899 --> 00:42:08,526 He says right message, wrong messenger. 875 00:42:10,736 --> 00:42:13,531 So we regroup, we refocus... 876 00:42:13,572 --> 00:42:15,699 I'll pay for the entire pilot program myself. 877 00:42:18,202 --> 00:42:20,287 That billboard will be my promissory note. 878 00:42:20,329 --> 00:42:22,206 - Expensive. - Get with Wags. 879 00:42:22,248 --> 00:42:24,375 Tell him his Chinese infrastructure thing's a go. 880 00:42:34,677 --> 00:42:36,387 We're early. Check. 881 00:42:36,428 --> 00:42:38,472 Dressed appropriately. Check. 882 00:42:38,514 --> 00:42:40,558 I trust that you're prepared, not that you have to do anything 883 00:42:40,599 --> 00:42:42,560 - other than smile and nod yes. - Of course. 884 00:42:42,601 --> 00:42:45,437 If I could take this opportunity to impress upon you 885 00:42:45,479 --> 00:42:47,690 the importance of face when dealing with the Chinese... 886 00:42:47,731 --> 00:42:49,733 - Got it. Let's go. - As you are of higher rank, 887 00:42:49,775 --> 00:42:51,026 you should precede me. 888 00:42:51,068 --> 00:42:52,695 I'm aware. 889 00:42:59,410 --> 00:43:01,495 To our shared prosperity. 890 00:43:07,459 --> 00:43:08,711 We're supposed to go shot for shot. 891 00:43:08,752 --> 00:43:10,504 It can be a punishing custom. 892 00:43:10,546 --> 00:43:12,172 I should've told you to eat something beforehand. 893 00:43:12,214 --> 00:43:14,425 - I did. - Of course you did. 894 00:43:14,466 --> 00:43:15,801 I wish I had. 895 00:43:19,305 --> 00:43:21,265 This is the chop. 896 00:43:21,307 --> 00:43:24,101 We use it to cement important business deals like this one. 897 00:43:24,143 --> 00:43:26,270 Of course. I know of the chop's emergence 898 00:43:26,312 --> 00:43:28,397 during the Warring States period. 899 00:43:39,733 --> 00:43:41,829 _ 900 00:43:42,103 --> 00:43:46,387 _ 901 00:43:47,458 --> 00:43:50,294 But I'm going to have to pass on your offer. 902 00:43:50,336 --> 00:43:52,421 I can't do business with a group that has ties 903 00:43:52,463 --> 00:43:54,423 to a government with such a brutally poor record 904 00:43:54,465 --> 00:43:56,008 on human rights. 905 00:43:56,050 --> 00:43:58,927 I can't help enrich the oppressors. 906 00:43:58,969 --> 00:44:01,138 If you'd like to influence your government 907 00:44:01,180 --> 00:44:02,848 to start treating people like people, 908 00:44:02,890 --> 00:44:06,018 with decency and humanity, please give me a call. 909 00:44:06,060 --> 00:44:07,978 Otherwise, good night. 910 00:44:10,189 --> 00:44:12,066 Wait. 911 00:44:12,107 --> 00:44:14,193 I figured you were ready to make up for losses on the land. 912 00:44:14,234 --> 00:44:17,154 You showed up to give them the finger and turn down billions? 913 00:44:21,325 --> 00:44:22,993 What the fuck was that? 914 00:44:25,496 --> 00:44:27,665 And now I've lost face. 915 00:44:37,174 --> 00:44:39,510 There are simpler ways than a PR crisis 916 00:44:39,551 --> 00:44:40,761 to get me off the mountain. 917 00:44:46,350 --> 00:44:49,144 Did they do all this when you thought the girls were coming? 918 00:44:49,186 --> 00:44:50,354 Yeah. 919 00:44:51,897 --> 00:44:53,107 It's time to do the thing. 920 00:44:54,692 --> 00:44:55,693 I wanted to present to the whole... 921 00:44:55,734 --> 00:44:57,403 It's the wrong time. 922 00:44:57,444 --> 00:44:59,655 That wealth clock, the girls are getting brutalized. 923 00:44:59,697 --> 00:45:02,491 Yeah, well, they've had a pretty good life up till now. 924 00:45:02,533 --> 00:45:04,785 You gonna keep your end of the deal? 925 00:45:05,620 --> 00:45:06,704 How much will it cost? 926 00:45:06,745 --> 00:45:08,080 Three. Maybe more. 927 00:45:08,122 --> 00:45:09,498 Fuck. 928 00:45:09,540 --> 00:45:11,458 Three billion dollars. 929 00:45:11,500 --> 00:45:13,043 You never cared about it before. 930 00:45:14,545 --> 00:45:16,255 So, you gonna keep the promise you made? 931 00:45:17,423 --> 00:45:18,841 Things have changed. 932 00:45:19,629 --> 00:45:21,385 You still need me? 933 00:45:21,427 --> 00:45:23,053 They haven't changed that much. 934 00:45:24,888 --> 00:45:26,056 Yes, I do. 935 00:45:28,600 --> 00:45:30,060 You and I, 936 00:45:30,102 --> 00:45:32,062 we can't embarrass each other. 937 00:45:32,104 --> 00:45:34,732 When we're apart, if we need to slake our appetites... 938 00:45:34,773 --> 00:45:37,067 No embarrassment. Everything locked down. 939 00:45:37,109 --> 00:45:38,652 It is, or it will be? 940 00:45:38,694 --> 00:45:39,903 Don't ask that. 941 00:45:39,945 --> 00:45:42,072 Why ask that? 942 00:45:42,114 --> 00:45:44,908 You left. I called. You couldn't come. 943 00:45:44,950 --> 00:45:46,410 You know what that results in. 944 00:45:50,253 --> 00:45:52,750 You gonna keep the promises you make to them? 945 00:45:54,543 --> 00:45:56,712 I'm the only guy that will. 946 00:45:56,754 --> 00:45:58,422 That's why I'm doing it. 947 00:46:00,799 --> 00:46:02,259 Then, yeah. 948 00:46:02,301 --> 00:46:03,594 Good. 949 00:46:37,127 --> 00:46:38,462 Based on our last interaction, 950 00:46:38,504 --> 00:46:40,589 I suggest we have a meet-up after work 951 00:46:40,631 --> 00:46:42,424 and iron out this successor business. 952 00:46:43,271 --> 00:46:44,968 Yes, before it upends both of us. 953 00:46:45,010 --> 00:46:46,345 I had a similar thought. 954 00:46:55,423 --> 00:46:56,480 Only have a minute. 955 00:46:56,522 --> 00:46:58,232 Have John Heilemann coming in here. 956 00:46:58,273 --> 00:46:59,733 Need me to prep you? 957 00:46:59,775 --> 00:47:01,985 Probably. No time. 958 00:47:02,027 --> 00:47:05,280 Our last session was under false pretenses. 959 00:47:05,322 --> 00:47:06,615 Was it not? 960 00:47:07,783 --> 00:47:09,034 Dual purpose. 961 00:47:09,076 --> 00:47:10,911 Helped you, did it not? 962 00:47:10,953 --> 00:47:12,162 It did. 963 00:47:12,204 --> 00:47:13,872 Helped me too. 964 00:47:13,914 --> 00:47:16,834 The book needs to tell the truth. 965 00:47:16,875 --> 00:47:19,461 I was wrong about you. Needed to get it right. 966 00:47:19,503 --> 00:47:21,380 Why do the book in the first place? 967 00:47:21,421 --> 00:47:23,340 Well, I didn't intend to write it. 968 00:47:23,382 --> 00:47:26,134 I was seized with an impulse, 969 00:47:26,176 --> 00:47:28,595 and wrote it before I really knew I had. 970 00:47:28,637 --> 00:47:30,389 Must've been a lot of stuff you wanted to say for a long time. 971 00:47:30,430 --> 00:47:32,641 It was just that kind of release, yes. 972 00:47:32,683 --> 00:47:34,017 And after you were done? 973 00:47:34,059 --> 00:47:35,269 Yeah. 974 00:47:35,310 --> 00:47:36,687 Yep, like I could move forward. 975 00:47:36,728 --> 00:47:40,232 Lighter. Easier. With more freedom. 976 00:47:40,274 --> 00:47:42,484 But it's not complete unless I publish it. 977 00:47:42,526 --> 00:47:44,278 I imagine you're going to try and stop me. 978 00:47:44,319 --> 00:47:46,864 Is that why you think I called you in? To stop you? 979 00:47:46,905 --> 00:47:50,701 Well, I imagine you're here to tell me what my lawyer did. 980 00:47:51,430 --> 00:47:53,120 What Sacker told you. 981 00:47:53,161 --> 00:47:55,789 That you could prove loss and damage to your reputation. 982 00:47:57,082 --> 00:47:58,542 That to publish the book would 983 00:47:58,584 --> 00:48:00,544 blow up the life and career that I have. 984 00:48:00,586 --> 00:48:02,713 I'm not gonna put up road blocks. 985 00:48:02,754 --> 00:48:06,383 I'm not gonna punish you when and if you do publish. 986 00:48:06,425 --> 00:48:08,342 The question isn't whether you can. 987 00:48:08,377 --> 00:48:09,808 The question is whether you should. 988 00:48:09,843 --> 00:48:11,221 Not a lot of "should" conversations 989 00:48:11,263 --> 00:48:13,265 in this office before you got here. 990 00:48:14,557 --> 00:48:16,685 Well, I'm thinking back to our last conversation, 991 00:48:16,727 --> 00:48:19,354 and how it's important to consider ramifications. 992 00:48:20,856 --> 00:48:22,858 And what I want to tell you 993 00:48:22,900 --> 00:48:26,737 is that only you can decide if it's the right thing to do. 994 00:48:26,778 --> 00:48:28,280 But one thing you'd better consider 995 00:48:28,289 --> 00:48:30,908 is that we rarely know why we do the things we do, 996 00:48:30,949 --> 00:48:33,076 like writing a book, putting it out. 997 00:48:33,118 --> 00:48:35,621 And the true "why," 998 00:48:35,662 --> 00:48:38,248 that usually isn't the first thing that comes to mind. 999 00:48:38,290 --> 00:48:40,417 That's usually the BS we tell ourselves 1000 00:48:40,459 --> 00:48:42,836 to rationalize the behavior. 1001 00:48:42,878 --> 00:48:45,923 So before you do or you don't dig in on that, 1002 00:48:45,964 --> 00:48:47,883 why are you really doing this? 1003 00:48:50,251 --> 00:48:51,929 Meanwhile, I've got to get in the zone 1004 00:48:51,970 --> 00:48:53,847 to tangle with the only journalist 1005 00:48:53,889 --> 00:48:56,183 who might get confused for George "The Animal" Steele. 1006 00:49:28,465 --> 00:49:31,760 I'll admit I'm a little surprised you didn't cancel. 1007 00:49:31,802 --> 00:49:34,471 It's been a pretty tough news cycle for you, pal. 1008 00:49:34,513 --> 00:49:36,306 Well, I'm doing this on background. 1009 00:49:36,348 --> 00:49:38,809 Nothing on the record. Can't use my name at all. 1010 00:49:40,310 --> 00:49:42,479 So, uh, how are we gonna handle attribution? 1011 00:49:43,419 --> 00:49:45,023 "Sources close to Mike Prince." 1012 00:49:45,987 --> 00:49:49,486 Okay, um, no source closer to Mike Prince than Mike Prince. 1013 00:49:49,528 --> 00:49:51,738 Have at it, but Scooter gets to clear any quote. 1014 00:49:51,780 --> 00:49:53,573 Scooter can clear anything he wants, 1015 00:49:53,615 --> 00:49:56,243 but I got to say, I don't see a story here 1016 00:49:56,284 --> 00:49:58,412 other than one that you are gonna fucking hate. 1017 00:49:59,326 --> 00:50:01,164 "Another billionaire shoots the moon 1018 00:50:01,206 --> 00:50:03,667 and then spins out of Earth's orbit." 1019 00:50:03,709 --> 00:50:05,335 Well, get ready for an exclusive. 1020 00:50:06,962 --> 00:50:10,340 I'm funding the Mike Money pilot program myself, 1021 00:50:10,382 --> 00:50:11,842 100% out of pocket. 1022 00:50:11,883 --> 00:50:13,510 Fully digital platform. 1023 00:50:13,552 --> 00:50:15,137 And if I can get the Department of Finance 1024 00:50:15,178 --> 00:50:17,848 to share their data... 1025 00:50:17,889 --> 00:50:20,308 "Exclusive" means you might want to jot some of this down. 1026 00:50:20,350 --> 00:50:23,520 Look, Mike, it's always a pleasure to see you, it is. 1027 00:50:23,562 --> 00:50:25,188 And I'd give my right nut 1028 00:50:25,230 --> 00:50:27,149 to have you take a look at my 401(k). 1029 00:50:27,190 --> 00:50:30,235 But Chuck Rhoades is the one who's driving the conversation 1030 00:50:30,277 --> 00:50:33,196 on income inequality right now, and you are not part of it. 1031 00:50:33,238 --> 00:50:35,866 Aside from that wealth clock on your block. 1032 00:50:38,031 --> 00:50:39,369 Well, I appreciate your candor. 1033 00:50:39,411 --> 00:50:42,539 And, uh, I can't wait to prove you wrong. 1034 00:50:42,581 --> 00:50:45,375 I mean, look, I did hear this one thing. 1035 00:50:45,417 --> 00:50:48,378 It sounded like bullshit, so I wasn't going to raise it. 1036 00:50:48,420 --> 00:50:49,588 What's the question? 1037 00:50:49,629 --> 00:50:51,214 A pretty janky source of mine 1038 00:50:51,256 --> 00:50:53,175 claims that you, of all people, 1039 00:50:53,216 --> 00:50:54,843 turned down the chance to get into business 1040 00:50:54,885 --> 00:50:56,344 with some Chinese consortium 1041 00:50:56,386 --> 00:50:59,556 on some huge deal over human rights abuses? 1042 00:51:02,976 --> 00:51:06,855 Sources close to Mike Prince say he'd never embarrass 1043 00:51:06,897 --> 00:51:08,398 a potential business associate. 1044 00:51:08,440 --> 00:51:09,900 Not his style. 1045 00:51:09,941 --> 00:51:11,401 I guess that sounded like bullshit. 1046 00:51:11,443 --> 00:51:13,236 I wasn't even going to talk about it. 1047 00:51:13,278 --> 00:51:15,655 But he's not about to make a dime off of genocide, 1048 00:51:15,697 --> 00:51:18,033 or state-led torture, or child labor, 1049 00:51:18,075 --> 00:51:19,993 not as long as he draws a breath. 1050 00:51:47,813 --> 00:51:50,107 This wasn't to free my ego. 1051 00:51:50,148 --> 00:51:51,858 It was to let it run loose. 1052 00:51:54,486 --> 00:51:56,947 I thought I would show them all who they were. 1053 00:51:59,324 --> 00:52:02,035 And who I was: better than them. 1054 00:52:03,703 --> 00:52:05,372 Higher on the food chain. 1055 00:52:05,413 --> 00:52:06,665 Evolved. 1056 00:52:13,922 --> 00:52:15,382 Now I see it. 1057 00:52:17,505 --> 00:52:18,510 Where it would lead. 1058 00:52:22,639 --> 00:52:24,349 I can't do it. I can't... 1059 00:52:25,684 --> 00:52:27,060 take that ride. 1060 00:52:29,187 --> 00:52:34,985 In the end, it's a ride that only leads to needing more. 1061 00:52:44,393 --> 00:52:46,955 Which is exactly what I don't need. 1062 00:52:50,750 --> 00:52:52,502 And now you're ready... 1063 00:52:54,754 --> 00:52:56,965 to take refuge. 1064 00:53:08,977 --> 00:53:11,271 - So... - Yep. Cocktails. 1065 00:53:11,313 --> 00:53:13,273 Indeed. What are you thinking? 1066 00:53:14,119 --> 00:53:15,141 Mescal margaritas? 1067 00:53:15,183 --> 00:53:17,485 I'm anti-smoke when it comes to tobacco and drinks. 1068 00:53:17,527 --> 00:53:19,196 - You have a thought? - Boulevardiers? 1069 00:53:19,999 --> 00:53:21,531 Love it, but a notch lighter. 1070 00:53:21,573 --> 00:53:23,533 - An Old Pal. - Exactly. 1071 00:53:23,575 --> 00:53:25,702 I add a dash of bitters. Is that okay? 1072 00:53:25,744 --> 00:53:27,537 As long as it's not orange, or celery flavored, 1073 00:53:27,579 --> 00:53:28,872 or chocolate, or anything... 1074 00:53:28,914 --> 00:53:30,707 Anything but Angostura? 1075 00:53:30,749 --> 00:53:33,376 No way, it's the classic or nothing at all for me. 1076 00:53:33,418 --> 00:53:35,545 We've finally arrived at an area of agreement. 1077 00:53:38,423 --> 00:53:40,800 You know, it occurs that certain aspects of our approaches... 1078 00:53:40,842 --> 00:53:43,470 You mean what we've been able to express despite the subterfuge? 1079 00:53:43,511 --> 00:53:46,556 Yes, certain aspects of what we bring are highly complimentary. 1080 00:53:46,598 --> 00:53:47,974 I agree. 1081 00:53:48,016 --> 00:53:49,601 Pairing our strengths might have merit. 1082 00:53:49,643 --> 00:53:51,186 A spot check on ideas, 1083 00:53:51,228 --> 00:53:52,854 some grounding for the riskiest plays. 1084 00:53:52,896 --> 00:53:55,023 A bit of ballast is always welcome on high flights. 1085 00:53:55,065 --> 00:53:57,234 As is an aggressive, unconventional stance. 1086 00:53:57,275 --> 00:53:59,694 A power-sharing arrangement came to mind. 1087 00:54:01,821 --> 00:54:03,740 - Co-heads. - A council of two. 1088 00:54:05,367 --> 00:54:08,870 I'm good with that concept, provisionally. 1089 00:54:08,912 --> 00:54:10,288 Of course, we'll have to get to know each other 1090 00:54:10,330 --> 00:54:11,790 much better over time. 1091 00:54:11,831 --> 00:54:13,541 Time we will certainly have, though. 1092 00:54:18,171 --> 00:54:20,215 You've known him longer, through your uncle. 1093 00:54:20,257 --> 00:54:21,925 What's behind this? 1094 00:54:21,967 --> 00:54:24,427 Why would a guy at his peak as an investor, 1095 00:54:24,469 --> 00:54:26,930 who just took over a company, embark on this sudden, 1096 00:54:26,972 --> 00:54:28,265 vague succession process? 1097 00:54:42,654 --> 00:54:44,948 Mike Prince, three-time loser in the public eye, 1098 00:54:44,990 --> 00:54:47,033 yet here he is looking good once again 1099 00:54:47,075 --> 00:54:49,452 for telling the Chinese to go whistle. 1100 00:54:49,494 --> 00:54:52,455 At enormous cost to his bottom line. 1101 00:54:52,497 --> 00:54:53,957 The article says, 1102 00:54:53,999 --> 00:54:55,458 "Prince, in standing up to the Chinese, 1103 00:54:55,500 --> 00:54:57,002 "is willing to do something 1104 00:54:57,043 --> 00:54:58,753 "the White House hasn't in decades, 1105 00:54:58,795 --> 00:55:00,547 maybe ever." 1106 00:55:01,840 --> 00:55:03,508 What is this guy doing? 1107 00:55:10,849 --> 00:55:12,434 Why would you go out of your way to turn down 1108 00:55:12,475 --> 00:55:14,436 a multi-billion-dollar opportunity, 1109 00:55:14,477 --> 00:55:16,313 then leak the fuck out of it to the press? 1110 00:55:17,003 --> 00:55:18,231 I'm not asking rhetorically. 1111 00:55:18,273 --> 00:55:20,358 I need to fucking know who the fuck I'm working with, 1112 00:55:20,400 --> 00:55:21,943 and that they're not insane. 1113 00:55:24,195 --> 00:55:26,031 Why does a guy in the prime of his life, 1114 00:55:26,072 --> 00:55:27,991 with a resting heart rate like Tim Ferriss's 1115 00:55:28,033 --> 00:55:29,909 suddenly form a succession committee? 1116 00:55:29,951 --> 00:55:32,789 Something he's never done at his dozens of companies. 1117 00:55:32,824 --> 00:55:33,830 Huh. 1118 00:55:33,872 --> 00:55:38,335 Wisconsin, Michigan, Pennsylvania, 1119 00:55:38,376 --> 00:55:41,671 Iowa, et cetera. 1120 00:55:41,713 --> 00:55:44,756 And why, after dinging Chuck Rhoades almost fatally, 1121 00:55:44,791 --> 00:55:45,800 did you try to hire him? 1122 00:55:45,842 --> 00:55:48,887 You can't stand having enemies? Got to win everyone over? 1123 00:55:50,055 --> 00:55:51,681 Why does a guy hold companies 1124 00:55:51,723 --> 00:55:53,850 and plants and businesses in every state 1125 00:55:53,892 --> 00:55:57,020 that was pivotal in the last four national elections, 1126 00:55:57,062 --> 00:55:59,022 without a single layoff at any of them, 1127 00:55:59,064 --> 00:56:01,107 some losing money? 1128 00:56:01,149 --> 00:56:03,777 Why, after losing the ambassadorship he coveted, 1129 00:56:03,818 --> 00:56:05,820 after seeing his Olympic dreams go down the drink, 1130 00:56:05,862 --> 00:56:07,614 does the man go bigger? 1131 00:56:07,655 --> 00:56:09,991 Something national in scope and ambition... 1132 00:56:10,033 --> 00:56:12,744 And he doesn't bother to re-focus on his core businesses? 1133 00:56:12,786 --> 00:56:15,497 Why is it Prince won't yield on Mike Money, 1134 00:56:15,538 --> 00:56:18,333 can't yield, even after he lost his collateral 1135 00:56:18,375 --> 00:56:19,709 and everybody bailed. 1136 00:56:19,751 --> 00:56:21,920 Why does he need this win so badly? 1137 00:56:23,630 --> 00:56:25,924 Here's why. 1138 00:56:25,965 --> 00:56:30,220 Michael fucking Prince is running for president. 1139 00:56:30,261 --> 00:56:32,430 President of the United States of America. 1140 00:56:32,472 --> 00:56:33,765 And one of us... 1141 00:56:33,807 --> 00:56:35,141 - Both of us. - ...could be running 1142 00:56:35,183 --> 00:56:36,559 Michael Prince Capital very soon. 1143 00:56:37,936 --> 00:56:40,814 He already knows, so we should tell him. 1144 00:56:50,782 --> 00:56:52,742 Holy shit. 1145 00:56:54,660 --> 00:56:55,995 Oh. 1146 00:56:56,037 --> 00:57:00,417 This guy is Greg Stillson from Dead Zone. 1147 00:57:02,419 --> 00:57:04,838 Our interests and the broader interests are now 1148 00:57:04,879 --> 00:57:07,316 actually legitimately aligned. 1149 00:57:07,351 --> 00:57:08,550 They are. 1150 00:57:08,591 --> 00:57:13,638 We need to save the country by stopping Mike Prince. 1151 00:57:13,680 --> 00:57:15,140 So now you see why it wasn't enough 1152 00:57:15,181 --> 00:57:17,142 to remove Chuck from office, 1153 00:57:17,183 --> 00:57:18,601 to try to neutralize him. 1154 00:57:19,769 --> 00:57:21,813 No. 1155 00:57:21,855 --> 00:57:25,650 We need to take that son of a bitch entirely off the board. 1156 00:58:08,154 --> 00:58:11,834 - synced and corrected by sot26 - www.addic7ed.com 85391

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