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THE DEBT

Subrip: Pix

This document obliges us
to transfer the negotiated price

of the bonds to a bank of your
choice anywhere in the world.

And this is called

a transfer-and-release
agreement.

Simply, it says you've agreed
to release your bonds

and transfer them
to Union Global Capital's name.

And that's it.

Someone else has contacted me

with an interest
in buying my bonds.

And what is this someone
willing to pay,

if you don't mind me asking?

Thirty cents on the dollar.

That's a good deal, Mr. López.

That's certainly a lot more
than I'm offering.

You knew what my number was
before I came here today.

Why didn't you take his deal?

Why the price so low,
Mr. Campbell?

I grew up on that land.

These should be worth more.

They've all been logged.

Did you know
that after today's work...

we now own more than 25%
of Peru's agrarian debt?

It's remarkable.

When we get back
from New York,

there's something I want you
to look into for me.

It's not something
that you're used to,

but it's nothing
you can't handle.

Alright.

I want you to watch Caravedo.

What for? Caravedo has
already declined our offer.

And now it's time
to make him reconsider.

You know what his bonds
are worth.

Let's get him already.

I don't know anything
about this kind of stuff.

What's there to know?

Why don't you just hire
somebody?

I can't have a paper trail
on this one.

This is not my job.
I know it's not,

but I'm asking you
for your help.

If we lock Caravedo...
we're done.

We didn't do it!

My brother Rafael and I
went to school

on the Upper West Side.

At the time,
he spoke very little English.

And myself...
Honestly,

it was a very scary time for me.

Nevertheless, every day,
when that final bell rang,

I knew Rafael would be outside
waiting for me.

And one day, like always,
Rafael was there to meet me.

Only, this time,

with a new friend.

This guy.

And for the first time ever,
Rafa spoke to me in English.

He said,

"Hey, could you do me a favour?

I spoke to Mom,
she's on her way to pick you up,

but she won't be here
for a bit,

so could you wait inside,

'cause Oliver and I
have to be somewhere."

At that moment, I believed
that I was no longer

Rafael's best friend,
but I was wrong, of course.

Because my brother's
new friend

happened to be
one in a million.

He said, "Hey, Rafa,

that's your hermano.

We stay right here with him."

Oliver has been...

a major part of my life
ever since,

and never once let me down.

Not once.

And when my brother passed...

when Rafa passed on...

there wasn't anybody stronger
to pick me up.

Oliver Scott Campbell,
the big 40.

I love you dearly.

Happy birthday.

Happy birthday!

Well, you're just gonna have
to restructure the whole thing.

Yeah, the whole damn package,
top to bottom.

Yeah, and send it to me
when it's done.

OK.

Yep. OK.

Boy,
some people just don't get it.

And how is the birthday boy?

I was hoping
not to be reminded.

Well, you can only say that
when you're past 50.

I got a nice card from Kate
thanking me for Ethan's XBOX.

Coffee? Anything?
No, I'm good.

But something tells me
that she didn't really mean it.

That's 'cause he's on it
all the time.

You could've gotten him a book.
Boys don't want books.

They want to blow things up.
They want to destroy things...

take 'em apart,
see what's inside.

Well, he'll be forever
indebted to you.

Well, that's why
they call it godfather.

Have a seat.

Ollie,
I have to tell you something

that you are not gonna
want to hear.

I need you to draw up
an immediate exit plan for Peru.

- What?
- We took a heavy hit

on a client's deal
in South Africa.

Now the banks are calling

Why me? Why this deal?

You got 10 others
you can cash in on

that don't have half the upside
this one does.

I wish you were right
about that.

But it's gonna be alright.

We've got Peru cornered
and they're going to pay fast.

I didn't spend
the last two years of my life,

working day and night,
learning Spanish,

to break even, Nathan.

- You'll get another chance.
- I don't want another chance.

No, this is my chance
and I deserve to finish this!

Yes, you do.
You structured the thing exactly

the way it should've been,
but this isn't about you, Ollie.

I need the cash.
And I need it yesterday.

This is insane.

I just had my hands
on a stack of bonds...

this fucking thick, Nathan.

And now we're making moves
on Caravedo.

And just like that,

you're gonna pull the plug
and throw away the chance

at another 60 million-plus?

Don't do this.

OK.

Please, just listen to me.

Caravedo is a shark.

You know the kind
better than anyone.

It doesn't make any sense

that he hasn't sold us his bonds
already.

Unless he's got something else
up his sleeve.

Now, he knows
we're the only game in town.

He knows
he's running out of time.

We are on him, Nathan.

Alright, I'll have a look
at Caravedo myself.

- Great.
- I could probably get legal

to hold the banks off
for a week, tops. But...

- It's not enough time, though.
- In the meantime,

I want the exit plan
on my desk tomorrow,

I want you to follow up
with the finance minister

and I want a closing date
no later than next Wednesday.

Oliver.

One week.

- Happy birthday, Daddy!
- Thank you.

- Happy birthday...!
- I know, I know.

Don't jump on the bed,
sweetie.

Come on.

When are you leaving?

Early tomorrow morning.

What time?

First flight out.

You know, every time
Phoebe sees an airplane,

she thinks you're on it.

I'm not in the mood today,
Kate.

I'm sorry.

I didn't mean that.

It's just...
I'm up against it right now.

All these flights
back and forth,

it's not like
it's around the corner.

I'm... I'm tired.

Have you seen Nathan
seen you've been home?

Have you?

Nathan's shutting us down,
Kate.

Got a week to finish this,

so the last two years
have been for nothing.

Just... come home.

Hi.

Hi.

What have you got here?

That's good.

I don't understand this.
We have already made

major adjustments
just to be able to meet

for negotiations
on your original price.

Then why haven't you
come back to us

with any kind of offer, Manuel?

What did you expect?

That Union Global wouldn't
continue sourcing bonds?

That we would just stop?

You know we don't have
this kind of money

at our disposal.

Peru's got 20 billion
in cash reserves, Manuel.

Those are emergency funds,
Ricardo.

Do you have any idea
of what you are asking me to do?

Manuel,

there is a free-trade agreement
between our countries,

which the IMF and the World Bank
will recognize

if Peru chooses not to fulfil
its obligation to us.

That means you pay.
Oliver...

The agrarian reform
is not some debt

that can be settled between
two parties, Mr. Campbell.

It is our history.

That you have chosen
to be involved in.

You could at least show
the slightest bit of compassion.

Don't talk to me
about compassion, Manuel.

You know as well as anyone
how this works.

As the Minister of Finance,
it would be a mistake

for you to not have
what you owe us

ready for Wednesday's closing.

Oliver.

Oliver.

Oliver, just... I didn't mean...
Get in.

Look.

I have always been respectful
of your Peruvian heritage.

And I have been
more than patient

with your bleeding-heart
politics.

But what just went on in there
cannot happen.

Do you understand me?

I'm getting enough weight
from Nathan's side.

The last thing I need
is you working against me too.

Look at me, man.
Are you hearing me?

Did you hear what he said?

No. What I heard
was his desperation,

which you let get to you.

The thing is, he's right.

People will suffer from this.

That's such bullshit, Ricardo!

Nobody is going to suffer
from anything.

What Peru owes us,
it's pittance.

It's insignificant
in the grand scheme of things.

And with regard to that history
nonsense that he said up there,

if Peru had been responsible
to its own people 40 years ago,

then they wouldn't
have found themselves

in this predicament
in the first place.

This is how it works, Ricardo.

This is how it's always worked.

Debts need to be paid.

It's what makes the world
go round.

You told me
we'd be helping Peruvians.

Jesus Christ,
give me a break, man!

You want three Peruvians
that we're helping?

You, Angela
and your unborn child.

How about that?

Ricky! C'mon...

Ricardo! Don't do this.

You know how much money
you're leaving on the table

if you walk away now?
You got a family!

Come in.

You can't talk to people
that way.

Especially me.

Not after everything
we've done here together.

I want to be here for you,
but at some point,

you've gotta recognize
that I am the one

that's seen it all
from both sides.

And I tell you,

not everything
is as black and white

as you make it out to be.

There is a village
in the highlands of Ancash

called Pampacancha.

Caravedo is trying to do some
large-scale agriculture project.

He wants that land badly.

Badly enough that he's paid
a lot of people off

to keep it quiet.

How'd you find out about it?

I paid one to be unquiet.

I'll go up there to poke around,
see what else I can find.

Maybe we can get
some real leverage on him.

- Great. I'll go with you.
- No.

You'll stick out
like a sore thumb

in those parts, Oliver.

Nathan's breathing
down my neck, Ricardo.

I don't have time.
There is just one condition.

Caravedo has got a reputation
for a reason.

So if I find out that he's going

to turn that village
upside-down,

you've got to promise me we're
not going to help him do it.

I can't be a part of that.

I promise.

I need to rent a car.

If I'm going to get there
by morning,

I should leave now.
OK.

And I'll reach out to Caravedo
on my end, as well.

See what his side
of the story is, yeah?

Oliver.

You gave me your word.

Good work, Ricky.

So your bonds in exchange
for free-trade pressure.

Why didn't you come to us
sooner?

And say what?

I'm trying to buy
a piece of land

that would need permission
for me to build on?

And your free-trade agreement

can guarantee me
that permission?

Let's be honest, Oliver.

Had there been a conversation,

I believe you would've have done
everything in your means

to stop me
from getting that land.

But the fact
that you came to me now

instead of doing just that...
tells me one thing.

Your clock is ticking.

And there's something else...

and forgive me
for putting it this way...

but you fail to understand,
Oliver.

What's that?

My father's land was taken
from him for a stack of paper.

Sixty-thousand hectares.

His life's work, my heritage.

I watched him grow old and
bitter until the day he died.

And now you're here to profit
off of that,

offering me pennies
on the dollar.

I don't think so, Oliver.
I don't need your money.

This project means much more
than a personal fortune.

It means jobs, infrastructure.

It means export, expansion.

It is growth.

It is vision.

What about the people
that are still living there?

They are the backbone
of the project.

It doesn't work without them.
I need them.

That's why I'm offering them
everything I have.

Peru was once great
because of its agriculture.

My father was the living proof
of that.

And I do believe
that agriculture

can make Peru great once again.

You want my father's bonds?

You're going
to have to earn them.

Get me that land.

Get me that land
and they are yours for free.

Who's the farmer
holding out on you?

Caravedo's story checks out.

- I need more time.
- Not going to happen, Ollie.

Jesus, what's it gonna take?
Our 60 million just doubled...

I'm with you on this, alright?

I know what the numbers are,
but my hands are tied.

Look, Oliver, there's nothing
more to discuss here.

We can either break even
on this deal,

or you help Caravedo
get that land.

- Alright.
- Be good.

Where are you, Ricky?

Hi, this is Ricardo.
Please leave your message

and I will be sure
to get back to you.

I don't have
a lot of time here.

Are you gonna take me to him,

or do I need to find
someone else who will?

What did Seńor Caravedo
tell you exactly?

He said you'd help me.

You do know him, don't you?

He's not going to sell.

There is no service up here.

Take these.

- What about you?
- I grew up here.

Hey, Jorge.

Can you think of anything
that we can do

to change Florentino's mind?

- No.
- Why not?

Because he thinks
he's protecting his family

by keeping them there.

How do you know that?

He's my brother.

Come.

Come on.

Hey! Hey!

Mr. Campbell?

Hey, José.

This is Detective Orihuela.

He has come here to see you.

God.

Why don't you tell me again

what your plans are
in Pampacancha, Rubén?

What the hell did you have
to lie to me for?

I'm talking about this, Rubén.

What did you expect him to do,
Oliver?

Tell the whole world
that those people were sitting

on a mountain of gold?

What are you doing here?

- What happened to your face?
- What are you doing here?

I'm here to close your deal.
That's what I'm doing here.

You knew about this?

How long?

He told me the same story
he told you.

How long, Nathan?

Since I learned that Rubén

was on the market
for high-end equipment.

High-end mining equipment.

This is an incredible deal
for all of us.

You lied to me.

No, I did not lie to you.

I told you
what you needed to hear.

And it gave you focus.

Ricardo's dead.

I know, I know.
I just learned myself.

I'm sorry.

But we are going to take care
of Angela, you have my word.

So you have
the farmer's contract?

It's really that easy for you,
is it?

If I find out...

that you had anything to do
with Ricardo's death...

- Oliver...
- I swear to God

I will make it my life...
Oliver,

you do not want to go there.
It's alright, Nathan.

I can understand how Oliver
might jump to this conclusion,

but he's wrong.

I may be shrewd,

but I never take people's lives.

Never.

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