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WWW.MY-SUBS.CO
๏ปฟ1
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- Synced and corrected by chamallow -
- www.MY-SUBS.com -
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It's just gone 6 a.m.
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The public inquiry into the government's
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three-month long bailout
5
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of green energy startup Lumi
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is being held today in Westminster.
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Taxpayers are outraged
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by the two billion-pound bailout.
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It seems fingers are being pointed
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at the Lumi CEO, Henry Muck,
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at the government for
bailing out a sinking ship,
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and at investment bank Pierpoint,
13
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for overvaluing Lumi's
initial public offer.
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00:00:47,080 --> 00:00:49,440
How's Rob feeling about
the select committee?
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I can't believe they're
sending someone so junior.
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It's total dereliction of
duty on Pierpoint's part.
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Yes, borderline abusive at this point.
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I don't know why he's doing it.
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Yeah, well, it doesn't sit well with me.
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I'm gonna make it right.
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Oh...
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Can you do something for me?
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Can you be vulnerable with
me if I'm vulnerable with you?
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Okay.
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Can you relieve yourself on me?
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What?
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What the fuck are you talking about?
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I'm not a pervert.
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It's like an intimacy thing, okay?
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Yeah, I feel like
we've reached the stage
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where I can ask you to do
this for me and not be shamed.
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Okay.
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I mean, I'm not sure
that I can relax, but...
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Just piss and think of England.
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You really want me to do this?
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I'm not a pervert.
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I'm practical.
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This is the one situation
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where I get to control my helplessness.
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Okay.
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Let me relax.
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Thank you for trusting me.
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Big up!
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Children's Investment Trust Charity Day.
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This is your annual
chance to save your souls.
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Remember, donations are tax-deductible,
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so it's a fucking win-win in my opinion.
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Booyakasha!
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People respond emotionally
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before they respond intellectually,
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so we're gonna go with the blue.
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Tory blue.
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It's more of a royal blue.
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It's a sympathetic color.
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And we'd like you to wear these glasses.
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- I don't wear glasses.
- They're non-prescription.
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It's very much in your interest
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that you stick to this statement.
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If they ask you any awkward questions,
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just say, "I refer to my statement."
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Are you Pierpoint's lawyer or mine?
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I'm instructed by Pierpoint.
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You can be rest assured
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that to the extent that your interests
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and Pierpoint's interests coincide,
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I shall be looking after
your interests today.
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With respect, that's
not very encouraging.
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Sorry, what if I flat-out
refuse to do this?
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Rob, a company man would do this.
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You're a company man.
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It's just an information
gathering exercise.
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The government spent
billions bailing out Lumi,
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and the opposition is pointing fingers.
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But that's not on you.
You're not on trial here.
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Any questions come up
about Henry's integrity
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or, indeed, Lumi's highly
risky business strategy,
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we don't advise that you implicate Lumi,
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but your silence on these
matters would be useful
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in allowing people to
draw their own conclusions.
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Against Lumi in favor of Pierpoint.
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Henry and Lumi will take
any opportunity they can
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to throw you under the bus.
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So...
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Lisa Dearn's on that committee.
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The Shadow Energy Secretary.
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She's an up-and-comer.
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And a fucking Rottweiler.
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Means eyeballs and good
political capital for her,
89
00:05:09,920 --> 00:05:13,239
but she's gonna grandstand,
play to the gallery.
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What's the narrative gonna be?
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00:05:15,720 --> 00:05:19,279
Dearn's gonna paint this as a big bank
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over-inflating a startup
into a national utility,
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which she believes should
be publicly owned anyway,
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only for the taxpayer to foot
the bill when it went tits up.
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Off the record,
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what do Adler and the
higher-ups make of all this?
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They're disowning it,
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pretending it's a
local, UK-centric issue
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that'll be swallowed
by the next news cycle.
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00:05:36,480 --> 00:05:38,759
But the more we can do
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to lay blame at Lumi's feet, the better.
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Why didn't we send a tank in?
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Why didn't you go in
and rip Henry's head off?
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Because after COP, I'm the very public,
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internal face of Lumi's failure.
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I want a new one.
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And so we're not at cross purposes here,
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Robert's expendable?
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He's a young man early in his career.
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He'll recover.
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00:06:06,880 --> 00:06:08,239
The randomizer of the universe
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is laughing at us as it
spits out our bingo card.
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A select committee
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and the Children's Investment
Trust event on the same day.
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I've already spoken to the photographer
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about avoiding Yasmin
Hanani, but can you
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sensitively adios her?
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I don't think that the charity want
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the Charles Hanani association
on their Twitter feed.
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It's endearing you try so hard.
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- Nice calves.
- Rishi in the porno.
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It's for the kids.
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Rishi in the punani.
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Rishi in the punani. Bop!
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Hey, it's-a me, generic Italian plumber.
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Okay.
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Rish, can I have a word, please?
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Sweetpea, you do look very
fetching in your outfit.
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All I wanna know is,
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does the carpet match the drapes?
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That's pathetic.
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- I'm not sure it is.
- So, thanks for that.
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Thanks for making such an effort.
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You are welcome.
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Ooh, this is nice.
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What is it exactly
you're doing on my desk?
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I don't know.
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Call your boss, he'll tell you.
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Yo, what time you on the box, Bob?
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You look like you're due in court
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for a racially motivated murder.
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I spoke to Henry, you know,
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he says this has got
nothing to do with you.
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He wouldn't lie to me, so
you're gonna be fine, okay?
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Yeah.
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00:07:37,800 --> 00:07:40,480
That's the exact opposite
of what Eric just told me.
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00:07:43,760 --> 00:07:46,479
Yas, can I speak to you
about my rotation project?
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00:07:46,480 --> 00:07:49,999
Sorry, I, um... I have to firm
up a meeting with LeviathanAlpha.
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00:07:50,000 --> 00:07:51,319
Please, um... Please.
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00:07:51,320 --> 00:07:53,839
You could just listen
to me, like, for once.
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I'm bringing this to you
because I do not want you
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to look fucking stupid
as my line manager.
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I'm making a call, Sweetpea.
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Is it 'cause I is Black?
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00:08:03,480 --> 00:08:06,079
- Um, Eric, can I talk to you?
- In a little bit.
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00:08:06,080 --> 00:08:07,999
Uh, I was working late last night
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00:08:08,000 --> 00:08:09,319
on this indicator model.
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00:08:09,320 --> 00:08:11,759
Well, it's turned into more
of a risk assessment now.
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00:08:11,760 --> 00:08:14,639
Sweetpea, Robert's my
focus this morning, okay?
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00:08:14,640 --> 00:08:17,999
Okay, yeah. No, I get that, um...
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00:08:18,000 --> 00:08:19,999
And I'm sorry, I don't... I
don't wanna be too forthright
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00:08:20,000 --> 00:08:22,159
but I actually think this is
really important right now.
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So I'm gonna, I'm gonna wait
in a meeting room over there
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until you come and talk to me.
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- All right, in third place...
- Okay?
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00:08:27,680 --> 00:08:29,559
- ... Paul and Ben, who've come as Jimmy Savile...
- Okay.
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... and his mother's corpse.
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00:08:30,880 --> 00:08:33,959
In second place, Bilal,
who's come as Bobby Sands,
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00:08:33,960 --> 00:08:36,879
complete with very inventive
dirty protest make-up.
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But the winner this
year, Leanne and Julie...
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I'm gonna call you back.
I'll just see you at 4:00.
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- Okay.
- Uh, quick one.
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It might be a good idea for
you to take a personal day.
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00:08:49,240 --> 00:08:51,599
What do you mean? Like a day off?
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Well... you want your privacy.
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Yeah, when a fucking pap is
camping out on my cistern,
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00:08:58,160 --> 00:08:59,439
not when I'm doing my job.
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Eric, the last thing I
want is for any of this shit
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to affect my life in here.
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Can you not throw your
toys out of the pram?
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00:09:05,360 --> 00:09:08,040
Don't patronize me, okay?
I'm not one of your daughters.
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00:09:10,200 --> 00:09:12,399
I'm just trying to offer
you a little protection
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00:09:12,400 --> 00:09:14,799
from the glare of the
spotlight in a tough time.
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00:09:14,800 --> 00:09:15,920
That's all.
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00:09:18,480 --> 00:09:19,560
I appreciate that.
186
00:09:20,960 --> 00:09:23,919
But, you know, I've just gotten
off a call with LeviathanAlpha,
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00:09:23,920 --> 00:09:24,959
who, let's be honest,
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00:09:24,960 --> 00:09:27,079
left us a pretty
shitty quarterly review.
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What a surprise.
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Harper's power to give us a
bad review must really light up
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00:09:31,200 --> 00:09:32,959
the pleasure centers in her brain.
192
00:09:32,960 --> 00:09:34,759
I've just set up a 4 p.m.
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00:09:34,760 --> 00:09:37,639
between Harper and
Daisy, the CIT's new PM.
194
00:09:37,640 --> 00:09:38,959
She's just moved over from Crux.
195
00:09:38,960 --> 00:09:41,679
I have been speaking to her for weeks.
196
00:09:41,680 --> 00:09:43,879
She thinks that Petra and
Harper are cutting-edge.
197
00:09:43,880 --> 00:09:45,479
You know, I can make this connection.
198
00:09:45,480 --> 00:09:47,519
You know, we give the
Children's Investment Trust
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00:09:47,520 --> 00:09:50,479
five percent of our PNL
on Charity Day as gesture,
200
00:09:50,480 --> 00:09:53,720
which they then end up
reinvesting through us
201
00:09:54,040 --> 00:09:55,040
anyway.
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00:09:55,760 --> 00:09:56,919
It's a waste of my time.
203
00:09:56,920 --> 00:09:59,159
Well, okay, it's not a waste of mine.
204
00:09:59,160 --> 00:10:01,759
We have no idea where Daisy's
gonna end up in a few years,
205
00:10:01,760 --> 00:10:03,639
and I'm looking for
longevity in this business,
206
00:10:03,640 --> 00:10:05,479
so I'm going to
introduce Harper and Petra
207
00:10:05,480 --> 00:10:07,719
to the Children's Investment
Trust at 4 p.m. today.
208
00:10:09,120 --> 00:10:10,879
By the way, just so we're clear,
209
00:10:10,880 --> 00:10:14,240
I certainly don't see
you as my daughter.
210
00:10:15,200 --> 00:10:16,200
Okay?
211
00:10:24,160 --> 00:10:25,799
Apologies, I know this select committee
212
00:10:25,800 --> 00:10:27,680
is like a... it's a big deal, so...
213
00:10:31,080 --> 00:10:33,159
I've just... I've been...
I'm a little freaked out
214
00:10:33,160 --> 00:10:35,959
and no one here is listening to me.
215
00:10:35,960 --> 00:10:38,639
So, I don't know.
216
00:10:38,640 --> 00:10:43,039
I could, I could be adding two
and two and be getting five,
217
00:10:43,040 --> 00:10:46,640
but I also could be adding two
and two and be getting four.
218
00:10:48,000 --> 00:10:51,480
And four would be like... really bad.
219
00:10:53,720 --> 00:10:55,959
So, like, five minutes? Ten minutes?
220
00:10:55,960 --> 00:10:58,639
- Okay. Let's start with five.
- Okay. Okay, cool.
221
00:10:58,640 --> 00:11:01,919
So, obviously, there's a
trend of IPOs being pulled,
222
00:11:01,920 --> 00:11:04,479
and ESG is experiencing a downturn.
223
00:11:04,480 --> 00:11:06,440
Thank you for highlighting that for me.
224
00:11:07,840 --> 00:11:10,479
So, um, I was speaking
to my friend, Amir,
225
00:11:10,480 --> 00:11:13,919
in Fixed Income, and he
said that Pierpoint issued,
226
00:11:13,920 --> 00:11:17,479
like, a fuck ton of senior
secured debt around five years ago,
227
00:11:17,480 --> 00:11:19,759
and it's about to reach maturity,
228
00:11:19,760 --> 00:11:22,200
and there's literally
no bid for it anywhere.
229
00:11:23,640 --> 00:11:25,599
So this, this capital-raising strategy
230
00:11:25,600 --> 00:11:28,479
coincidentally but also
perhaps dangerously lines up
231
00:11:28,480 --> 00:11:30,520
with the timing of our own ESG pivot.
232
00:11:33,520 --> 00:11:34,879
So what are you saying?
233
00:11:34,880 --> 00:11:36,319
Look, I could, I could probably get
234
00:11:36,320 --> 00:11:38,279
in a lot of trouble for this.
235
00:11:38,280 --> 00:11:40,600
You know, with, like, the
Chinese walls and everything.
236
00:11:40,601 --> 00:11:45,079
But, um, my friend,
Magdelena in Banking,
237
00:11:45,080 --> 00:11:47,439
said that every IPO
roadshow that they've done
238
00:11:47,440 --> 00:11:49,919
over the past three
months has gone badly.
239
00:11:49,920 --> 00:11:51,439
No company coming to market
240
00:11:51,440 --> 00:11:53,280
will want Pierpoint
to be its bookrunner.
241
00:11:54,080 --> 00:11:56,039
And pretty much all of the IPOs
242
00:11:56,040 --> 00:11:58,239
that Pierpoint have
underwritten are in limbo
243
00:11:58,240 --> 00:12:00,639
between postponement
and pulling completely.
244
00:12:00,640 --> 00:12:03,039
And the equity within
these prospective companies
245
00:12:03,040 --> 00:12:04,639
is close to zero by now.
246
00:12:04,640 --> 00:12:05,640
No one wants them.
247
00:12:05,641 --> 00:12:07,559
The valuations have
completely collapsed.
248
00:12:09,080 --> 00:12:10,080
Go on.
249
00:12:10,081 --> 00:12:12,679
So, um... this is the kicker.
250
00:12:12,680 --> 00:12:15,239
My friend, Keval, in Asset Management
251
00:12:15,240 --> 00:12:17,959
said that Pierpoint took equity stakes
252
00:12:17,960 --> 00:12:19,720
to facilitate these deals.
253
00:12:21,560 --> 00:12:26,600
Is it possible that these prop
bets are all going to zero?
254
00:12:31,520 --> 00:12:32,560
So...
255
00:12:33,840 --> 00:12:37,840
... what you are saying is
two plus two equals fucked?
256
00:12:40,920 --> 00:12:43,479
Well, yeah.
257
00:12:43,480 --> 00:12:44,560
Yeah, yeah.
258
00:12:45,880 --> 00:12:46,920
Okay.
259
00:12:48,640 --> 00:12:49,879
- Sweetpea...
- Mm-hmm.
260
00:12:49,880 --> 00:12:51,839
... this is what we're
gonna do about this.
261
00:12:51,840 --> 00:12:55,440
The way you gleaned this information
262
00:12:56,520 --> 00:12:59,280
is potentially a regulatory issue,
263
00:13:00,360 --> 00:13:03,680
a confidentiality issue,
264
00:13:05,000 --> 00:13:07,520
and a disciplinary issue.
265
00:13:09,840 --> 00:13:13,239
I think it's best for
you and whoever you
266
00:13:13,240 --> 00:13:16,519
concocted this little conspiracy with
267
00:13:16,520 --> 00:13:18,400
that you all go back to your desks
268
00:13:19,280 --> 00:13:21,600
and do your fucking jobs.
269
00:13:23,000 --> 00:13:24,000
Understood?
270
00:13:28,160 --> 00:13:29,520
Yeah.
271
00:13:30,560 --> 00:13:31,560
Yeah, sorry.
272
00:13:48,200 --> 00:13:50,119
Hey, are you still in the UK?
273
00:13:50,120 --> 00:13:52,879
At City Airport. Just
landed from Switzerland.
274
00:13:52,880 --> 00:13:54,719
Can you... Can you come to the office?
275
00:13:54,720 --> 00:13:56,519
I need to speak to you.
276
00:13:56,520 --> 00:13:58,359
Haven't you got both eyes
on the select committee?
277
00:13:58,360 --> 00:14:00,000
Is this... Is this more urgent?
278
00:14:01,880 --> 00:14:03,680
I'll lay it out, and you can tell me.
279
00:15:07,080 --> 00:15:09,679
You read the statement,
make it clear and concise,
280
00:15:09,680 --> 00:15:12,119
but don't make it interesting.
The more boring, the better.
281
00:15:12,120 --> 00:15:13,280
- Understood?
- Yeah, all right.
282
00:15:33,080 --> 00:15:34,679
Our role is to provide
283
00:15:34,680 --> 00:15:36,279
fledgling businesses with capital,
284
00:15:36,280 --> 00:15:37,439
and we remind you
285
00:15:37,440 --> 00:15:39,559
that throughout bringing Lumi to market,
286
00:15:39,560 --> 00:15:42,439
we made good on Pierpoint's
foundational tenet...
287
00:15:42,440 --> 00:15:44,080
doing business with integrity.
288
00:15:45,840 --> 00:15:46,840
Thank you.
289
00:15:49,560 --> 00:15:50,800
Why are you here?
290
00:15:52,960 --> 00:15:54,239
Actually, let me rephrase that.
291
00:15:54,240 --> 00:15:55,480
Why are we here?
292
00:15:57,880 --> 00:15:59,240
Sorry, I... I'm not following.
293
00:15:59,760 --> 00:16:00,760
Um...
294
00:16:01,920 --> 00:16:03,040
Why are we here?
295
00:16:03,640 --> 00:16:04,880
I was asked to be.
296
00:16:05,720 --> 00:16:08,079
We're here because your employer
297
00:16:08,080 --> 00:16:10,159
overvalued Lumi,
298
00:16:10,160 --> 00:16:12,319
which provided an essential service,
299
00:16:12,320 --> 00:16:14,919
fanned its untenable growth trajectory
300
00:16:14,920 --> 00:16:16,679
to the point where it had to be placed
301
00:16:16,680 --> 00:16:19,159
under emergency government control
302
00:16:19,160 --> 00:16:21,839
and bailed out by the taxpayer
303
00:16:21,840 --> 00:16:24,640
to the tune of two billion pounds.
304
00:16:26,200 --> 00:16:28,279
Do you agree that's why we're here?
305
00:16:28,280 --> 00:16:29,879
I'd like to refer back to my statement,
306
00:16:29,880 --> 00:16:30,919
um, in that...
307
00:16:30,920 --> 00:16:32,639
I spent my weekend reading
308
00:16:32,640 --> 00:16:36,079
testimony from customers
that Lumi failed.
309
00:16:36,080 --> 00:16:39,239
And I'd share them aloud here,
but we'd be here till next week.
310
00:16:39,240 --> 00:16:41,320
I'd implore you to
avail yourself of these.
311
00:16:42,720 --> 00:16:45,119
But I fear the human cost
will always be something
312
00:16:45,120 --> 00:16:47,319
of an abstraction for
people in your line of work.
313
00:16:47,320 --> 00:16:49,159
I didn't think I heard a question
314
00:16:49,160 --> 00:16:51,159
in the Shadow Energy
Secretary's statement.
315
00:16:51,160 --> 00:16:53,079
Rather an ad hominem attack.
316
00:16:53,080 --> 00:16:57,000
One statement from a Lumi employee
317
00:16:58,000 --> 00:17:01,879
called you Sir Henry's "whipping boy."
318
00:17:03,600 --> 00:17:05,839
Is that a fair characterization?
319
00:17:05,840 --> 00:17:09,079
I'd say you're more
Pierpoint's whipping boy,
320
00:17:09,080 --> 00:17:11,079
given that they've
sent someone so junior
321
00:17:11,080 --> 00:17:14,599
and youthful to face the music for them.
322
00:17:14,600 --> 00:17:16,320
I do find myself feeling sorry for you.
323
00:17:18,440 --> 00:17:20,280
I work in Equity Capital Markets.
324
00:17:21,320 --> 00:17:22,639
That requires a certain level of time
325
00:17:22,640 --> 00:17:24,039
spent with management.
326
00:17:24,040 --> 00:17:25,799
Sorry, I, um... I
refer to my statement...
327
00:17:25,800 --> 00:17:28,239
"Time spent with management"
328
00:17:28,240 --> 00:17:30,999
seems underpowered for
what you really mean.
329
00:17:31,000 --> 00:17:35,039
According to statements from
an anonymous Lumi employee,
330
00:17:35,040 --> 00:17:38,439
your relationship with Mark was,
331
00:17:38,440 --> 00:17:40,839
and I quote here, "intimate."
332
00:17:40,840 --> 00:17:44,519
I don't understand how this
is relevant to the inquiry.
333
00:17:44,520 --> 00:17:46,319
I think a level of incestuousness
334
00:17:46,320 --> 00:17:48,479
between Pierpoint and Lumi might be
335
00:17:48,480 --> 00:17:52,119
at the crux of the valuation problem.
336
00:17:52,120 --> 00:17:54,839
I'd refer again to your
use of the word "integrity."
337
00:17:54,840 --> 00:17:56,640
I wonder if you might
actually make good on that...
338
00:17:57,480 --> 00:17:58,759
platitude.
339
00:17:58,760 --> 00:18:00,999
Would you say that we've established
340
00:18:01,000 --> 00:18:03,039
that you spent enough time
341
00:18:03,040 --> 00:18:07,320
in Muck's orbit to make a
character assessment of him?
342
00:18:08,840 --> 00:18:09,840
I don't know.
343
00:18:12,300 --> 00:18:13,360
Probably.
344
00:18:13,361 --> 00:18:16,519
Then how would you
characterize his relationship
345
00:18:16,520 --> 00:18:18,560
with the young women he worked with?
346
00:18:20,800 --> 00:18:23,719
- I...
- Because I have a... a source
347
00:18:23,720 --> 00:18:26,319
at Lumi who it is
incumbent on me to protect
348
00:18:26,320 --> 00:18:28,199
who's made it very clear
349
00:18:28,200 --> 00:18:31,079
that Muck ran a predatory environment.
350
00:18:31,080 --> 00:18:34,319
She was indeed a victim
of Muck's predation.
351
00:18:34,320 --> 00:18:38,199
Again, how is this germane
to our purpose here today?
352
00:18:38,200 --> 00:18:41,479
This is the second
and now largest bailout
353
00:18:41,480 --> 00:18:44,239
since the introduction of the
sweeping energy bailout bill.
354
00:18:44,240 --> 00:18:46,039
The British taxpayer has been forced
355
00:18:46,040 --> 00:18:48,719
to bail out a company created
by a force of personality.
356
00:18:48,720 --> 00:18:51,479
They deserve to know
what kind of personality
357
00:18:51,480 --> 00:18:52,679
they're footing the bill for.
358
00:18:52,680 --> 00:18:55,479
Uh, sorry, Chair, um, I need to, um...
359
00:18:55,480 --> 00:18:58,359
Sorry, uh, can I go
to the toilet, please?
360
00:18:58,360 --> 00:19:00,080
Let's reconvene in 20 minutes.
361
00:19:01,200 --> 00:19:02,240
Keep it together.
362
00:19:07,360 --> 00:19:10,040
Who's the Arab kid on
my desk, by the way?
363
00:19:10,640 --> 00:19:11,919
That's Ali.
364
00:19:11,920 --> 00:19:13,999
His family are high up in
the Egyptian government.
365
00:19:14,000 --> 00:19:16,879
They have ties with the Al-Mi'raj
Holding Company out of the Gulf.
366
00:19:16,880 --> 00:19:19,000
Big investors in our
asset management division.
367
00:19:20,120 --> 00:19:21,439
They wanted to give him a job, you know?
368
00:19:21,440 --> 00:19:23,200
The usual "client's son" nepo thing.
369
00:19:24,320 --> 00:19:26,679
How bad is our balance sheet?
370
00:19:26,680 --> 00:19:28,920
Let's forget the Chinese
wall for a moment.
371
00:19:29,480 --> 00:19:30,840
Give it to me undiluted.
372
00:19:34,600 --> 00:19:35,680
Where have you been?
373
00:19:40,920 --> 00:19:42,560
John Lindsay's stepping down.
374
00:19:47,280 --> 00:19:48,600
We're getting a new CEO?
375
00:19:50,280 --> 00:19:51,520
Captain for a storm.
376
00:19:53,320 --> 00:19:54,479
Who is it?
377
00:19:54,480 --> 00:19:56,600
I wouldn't wanna preempt
the final decision.
378
00:19:59,600 --> 00:20:00,600
I, uh...
379
00:20:03,920 --> 00:20:05,799
I want you to come see
me at my place tonight
380
00:20:05,800 --> 00:20:07,720
for a more intimate confab.
381
00:20:08,240 --> 00:20:09,760
Tell me, honestly.
382
00:20:11,240 --> 00:20:12,800
Is there a storm coming, Bill?
383
00:20:14,360 --> 00:20:15,480
It's already here.
384
00:20:21,400 --> 00:20:22,839
Look, can you tell me what's happening?
385
00:20:22,840 --> 00:20:24,759
Like, what are they actually asking me?
386
00:20:24,760 --> 00:20:26,239
None of this stuff
about Henry's character
387
00:20:26,240 --> 00:20:27,240
was in any of the briefings.
388
00:20:27,241 --> 00:20:28,519
Well, did you know about any of this?
389
00:20:28,520 --> 00:20:29,959
No, I don't know what
she's talking about.
390
00:20:29,960 --> 00:20:30,960
Like, I really don't know.
391
00:20:30,961 --> 00:20:33,159
They're giving you an
open goal to hurt him.
392
00:20:33,160 --> 00:20:35,279
These allegations could
shift the attention
393
00:20:35,280 --> 00:20:36,720
from Pierpoint to Henry.
394
00:20:37,360 --> 00:20:38,360
So...
395
00:20:39,960 --> 00:20:41,560
go for it. Hurt him.
396
00:20:45,640 --> 00:20:46,879
He's here.
397
00:20:48,480 --> 00:20:50,159
Are you a predator, Mr. Muck?
398
00:20:50,160 --> 00:20:51,919
Henry, you said you'd be here.
399
00:20:51,920 --> 00:20:53,559
How much did you make, Mr. Muck?
400
00:20:53,560 --> 00:20:55,080
Do you feel guilty, Mr. Muck?
401
00:20:59,160 --> 00:21:00,439
What happened with Caedi?
402
00:21:00,440 --> 00:21:02,119
It is not relevant.
403
00:21:02,120 --> 00:21:03,879
Then why are they pinning me to the wall
404
00:21:03,880 --> 00:21:05,479
for the fact that you
fuck your employees?
405
00:21:05,480 --> 00:21:07,320
Mate, lower your voice.
406
00:21:08,320 --> 00:21:09,719
You don't know what
you're talking about.
407
00:21:09,720 --> 00:21:11,639
None of it is pertinent
to why we are here.
408
00:21:11,640 --> 00:21:13,919
No, it's pertinent
because you use your power
409
00:21:13,920 --> 00:21:14,959
to get your dick wet
410
00:21:14,960 --> 00:21:17,599
and somehow my job now
is to answer for it.
411
00:21:17,600 --> 00:21:19,360
Listen to me. Look at me.
412
00:21:23,080 --> 00:21:24,200
You have to believe me.
413
00:21:24,760 --> 00:21:25,840
All right?
414
00:21:25,841 --> 00:21:27,600
This isn't anything.
415
00:21:28,440 --> 00:21:30,159
It's a whole load of nothing.
416
00:21:30,160 --> 00:21:33,439
It's not going to go anywhere
because there's nothing there.
417
00:21:41,080 --> 00:21:44,999
Mr. Spearing, a former Lumi employee
418
00:21:45,000 --> 00:21:46,519
that I've had close contact with,
419
00:21:46,520 --> 00:21:48,599
attests that she was,
420
00:21:48,600 --> 00:21:51,519
quote, "relentlessly and romantically
421
00:21:51,520 --> 00:21:53,400
pursued by Henry Muck."
422
00:21:54,160 --> 00:21:55,719
He bought her clothes
423
00:21:55,720 --> 00:21:57,319
and then offered her a position of power
424
00:21:57,320 --> 00:21:59,399
in exchange for inappropriate relations.
425
00:21:59,400 --> 00:22:03,279
The employee was then flown out
to the UN climate conference,
426
00:22:03,280 --> 00:22:06,239
which you attended with Mr. Muck.
427
00:22:06,240 --> 00:22:09,999
And this employee was
then, quote, "frozen out."
428
00:22:10,000 --> 00:22:11,799
Mr. Spearing, do you
believe this statement?
429
00:22:11,800 --> 00:22:13,519
Do you believe this woman?
430
00:22:13,520 --> 00:22:14,679
Spearing...
431
00:22:14,680 --> 00:22:17,079
I'd like to speak to my
barrister privately, please.
432
00:22:17,080 --> 00:22:19,999
Mr. Spearing, are you
aware that Henry is now
433
00:22:20,000 --> 00:22:23,960
in a relationship with
a Pierpoint employee?
434
00:22:25,360 --> 00:22:27,239
I'm sure that would be of great interest
435
00:22:27,240 --> 00:22:28,360
to the regulators.
436
00:22:32,880 --> 00:22:34,080
I refer to my statement.
437
00:22:40,040 --> 00:22:41,080
Oh, fuck.
438
00:22:41,880 --> 00:22:46,079
We can dress this up as an
information gathering exercise,
439
00:22:46,080 --> 00:22:48,880
but ultimately, we're
here to assign blame.
440
00:22:50,160 --> 00:22:51,719
I wanna be honest.
441
00:22:51,720 --> 00:22:56,000
Uh, I have to face up to
my own culpability, and...
442
00:22:57,120 --> 00:22:58,760
this is the most humble day of my life.
443
00:23:00,080 --> 00:23:02,639
I think the most important thing
444
00:23:02,640 --> 00:23:05,559
is to be vulnerable in
front of you right now.
445
00:23:05,560 --> 00:23:11,639
I, uh, like you, believed I
was engaged in a public service.
446
00:23:11,640 --> 00:23:13,759
Our mission was to disrupt
447
00:23:13,760 --> 00:23:17,439
a stagnant and monopolistic industry,
448
00:23:17,440 --> 00:23:18,840
and the little guy failed.
449
00:23:19,520 --> 00:23:21,440
Yeah, we... we overshot.
450
00:23:22,880 --> 00:23:26,039
I assure you, the animating spirit
451
00:23:26,040 --> 00:23:29,119
that caused us to overshoot
452
00:23:29,120 --> 00:23:30,759
is the same one that made us feel
453
00:23:30,760 --> 00:23:32,279
that we were doing good for the country.
454
00:23:32,280 --> 00:23:33,359
And your failure to model
455
00:23:33,360 --> 00:23:36,119
for a correction in natural gas prices?
456
00:23:36,120 --> 00:23:39,159
Your unsustainably low
introductory price point?
457
00:23:39,160 --> 00:23:43,079
Less than five percent of
your so-called "green power"
458
00:23:43,080 --> 00:23:45,559
was from renewable energy sources.
459
00:23:45,560 --> 00:23:47,359
You've "greenwashed" your credentials.
460
00:23:47,360 --> 00:23:50,839
The only thing I'm
guilty of is optimism.
461
00:23:50,840 --> 00:23:54,479
Now, I am happy to answer any
questions about my business,
462
00:23:54,480 --> 00:23:56,999
and I will swiftly and judiciously
463
00:23:57,000 --> 00:24:00,839
respond to any contentions
about my private life,
464
00:24:00,840 --> 00:24:03,360
privately, out of respect
for those who raise them.
465
00:24:07,481 --> 00:24:10,039
I won't let this story
be just another bailout
466
00:24:10,040 --> 00:24:11,279
consigned to the dustbin of history
467
00:24:11,280 --> 00:24:13,599
by the relentless pursuit of capital.
468
00:24:13,600 --> 00:24:15,799
What about the 145
million pounds in stock
469
00:24:15,800 --> 00:24:18,559
you sold before Lumi went into
emergency government control?
470
00:24:18,560 --> 00:24:21,439
How much of that have you paid
in restitution to your victims?
471
00:24:21,440 --> 00:24:23,839
This should have been a criminal
investigation from the outset.
472
00:24:23,840 --> 00:24:25,759
You should serve prison
time for what you've done.
473
00:24:25,760 --> 00:24:27,359
You are a mercenary.
474
00:24:27,360 --> 00:24:29,279
Well, unlike you, I don't take pleasure
475
00:24:29,280 --> 00:24:30,680
in the suffering of others.
476
00:24:35,520 --> 00:24:38,639
Yeah, and in terms of the, um,
477
00:24:38,640 --> 00:24:43,359
the valuation and the,
uh, the overheated, uh...
478
00:24:43,360 --> 00:24:46,639
excitement around the... the IPO,
479
00:24:46,640 --> 00:24:48,400
well, that would lay at
the feet of our bankers.
480
00:24:49,600 --> 00:24:52,559
Now, you keep using the word predatory.
481
00:24:52,560 --> 00:24:55,239
If there is a predatory
side to capitalism,
482
00:24:55,240 --> 00:24:57,280
they are on it, we are not.
483
00:24:58,240 --> 00:24:59,920
What a slippery shit.
484
00:25:04,120 --> 00:25:05,959
I hope this is worth it?
485
00:25:05,960 --> 00:25:07,399
Just to see your old office?
486
00:25:08,520 --> 00:25:11,159
I genuinely think that
it could be useful.
487
00:25:11,160 --> 00:25:14,199
- Hmm.
- Door opening.
488
00:25:14,200 --> 00:25:16,239
I'm just gonna pee, but
I'll catch up with you.
489
00:25:16,240 --> 00:25:17,960
Okay, I'll see you in the meeting room.
490
00:25:18,840 --> 00:25:20,080
Door closing.
491
00:25:39,240 --> 00:25:41,360
- What's going on?
- I just...
492
00:25:43,040 --> 00:25:44,800
I think I really fucked it up with Eric.
493
00:25:45,920 --> 00:25:48,199
Oh, don't worry about him.
494
00:25:48,200 --> 00:25:49,639
Why don't you sit in on this meeting
495
00:25:49,640 --> 00:25:51,359
with Harper and Petra?
496
00:25:51,360 --> 00:25:54,399
Eric's allergic to Harper.
497
00:25:54,400 --> 00:25:57,479
Trust me, your tears are wasted in here.
498
00:25:59,360 --> 00:26:00,360
What happened?
499
00:26:01,480 --> 00:26:02,560
Um...
500
00:26:03,240 --> 00:26:05,479
Well, that's kind of sensitive.
501
00:26:05,480 --> 00:26:07,159
And I... I don't... I don't really know
502
00:26:07,160 --> 00:26:08,160
if there's anything to it.
503
00:26:08,161 --> 00:26:09,759
Okay, well, don't say anything
504
00:26:09,760 --> 00:26:11,400
that's gonna get us into trouble.
505
00:26:14,000 --> 00:26:16,519
There was this Euro
Swaps kid who once spoke
506
00:26:16,520 --> 00:26:18,759
about the fact that he spent
his entire signing-on bonus
507
00:26:18,760 --> 00:26:21,759
on Pornhub Premium and
Oliver Peoples glasses
508
00:26:21,760 --> 00:26:23,359
- in a lift with an MD.
- All right.
509
00:26:23,360 --> 00:26:24,480
He got sacked.
510
00:26:25,400 --> 00:26:26,800
You never know who's listening.
511
00:26:35,600 --> 00:26:40,120
Okay, so, um... I
outlined this hypothesis.
512
00:26:41,280 --> 00:26:45,119
Eric shot it down pretty
viciously, but I think...
513
00:26:45,120 --> 00:26:47,359
Pierpoint Asset Management might have
514
00:26:47,360 --> 00:26:50,839
taken an outsize prop bet
as part of our ESG pivot,
515
00:26:50,840 --> 00:26:54,160
funded by debt that is
about to reach maturity.
516
00:26:54,880 --> 00:26:57,440
It's a balance sheet motherload.
517
00:26:59,360 --> 00:27:00,760
- Okay.
- Hmm.
518
00:27:01,400 --> 00:27:02,840
Um...
519
00:27:04,960 --> 00:27:06,759
- Honestly...
- Mm-hmm...
520
00:27:06,760 --> 00:27:11,240
... I think this is way
above our pay grades.
521
00:27:12,560 --> 00:27:16,279
Look, I have a lot going on today, okay?
522
00:27:16,280 --> 00:27:18,280
But just don't let the
geezers get you down.
523
00:27:18,960 --> 00:27:20,439
Right?
524
00:27:20,440 --> 00:27:22,239
I'm gonna go for a piss now, okay?
525
00:27:22,240 --> 00:27:23,479
But you're good.
526
00:27:55,120 --> 00:27:57,799
It was a stroke of genius.
I think you did brilliantly.
527
00:27:57,800 --> 00:27:59,599
Look, I'm getting a
lot of heat about Henry
528
00:27:59,600 --> 00:28:01,959
and the possibility of
criminal proceedings.
529
00:28:01,960 --> 00:28:03,799
We can't be associated with that.
530
00:28:03,800 --> 00:28:05,080
What, I can, can I?
531
00:28:06,400 --> 00:28:07,680
You need a fucking scapegoat.
532
00:28:08,280 --> 00:28:09,319
Why fuck me?
533
00:28:09,320 --> 00:28:10,959
Why did you choose to fuck me?
534
00:28:10,960 --> 00:28:12,520
Because you're fuckable,
Robert, all right?
535
00:28:14,080 --> 00:28:17,720
I'm sorry. From a company
level, you're fuckable.
536
00:28:18,800 --> 00:28:20,160
Don't... Don't look at me.
537
00:28:21,080 --> 00:28:23,159
Eric said you were expendable.
538
00:28:38,520 --> 00:28:42,519
Hey. Hey, Rob, Rob, breathe, breathe.
539
00:28:42,520 --> 00:28:43,640
It's Eric.
540
00:28:44,400 --> 00:28:47,040
It's fucking... It's Pierpoint.
541
00:28:48,400 --> 00:28:49,800
They've hung me out to dry, Yas.
542
00:28:50,520 --> 00:28:51,640
They're gonna fire me.
543
00:28:53,160 --> 00:28:54,359
Maybe don't question the jailer
544
00:28:54,360 --> 00:28:56,120
when he hands you the keys, you know?
545
00:28:57,520 --> 00:28:59,320
Getting away from all these people,
546
00:29:00,200 --> 00:29:01,800
is that such a bad thing?
547
00:29:16,320 --> 00:29:17,919
And from the very first instance,
548
00:29:17,920 --> 00:29:19,839
I would contend that Lumi was far too
549
00:29:19,840 --> 00:29:21,839
closely enmeshed with government.
550
00:29:21,840 --> 00:29:24,919
We believed Lumi could be a beacon
551
00:29:24,920 --> 00:29:28,279
for what the British tech and
energy sectors were capable of.
552
00:29:28,280 --> 00:29:31,439
You were very quick to ratify a bailout.
553
00:29:31,440 --> 00:29:35,799
Was that because you wanted to...
soften the landing for a Lumi CEO?
554
00:29:35,800 --> 00:29:39,559
I don't believe in
bailouts philosophically,
555
00:29:39,560 --> 00:29:41,160
but it was a moral issue.
556
00:29:42,400 --> 00:29:43,960
Homes were going cold.
557
00:29:46,080 --> 00:29:48,759
In all my dealings with Henry Muck,
558
00:29:48,760 --> 00:29:51,999
I never questioned his integrity.
559
00:29:52,000 --> 00:29:55,879
You're defending a man
whose misconduct allegations
560
00:29:55,880 --> 00:29:58,519
seem to be growing exponentially.
561
00:29:58,520 --> 00:30:01,320
I don't think that's what
we're here to talk about.
562
00:30:03,080 --> 00:30:05,320
Pierpoint ended up as
Lumi's lead underwriter.
563
00:30:07,200 --> 00:30:08,559
Did that have anything
to do with the fact
564
00:30:08,560 --> 00:30:09,839
that you started your career there?
565
00:30:09,840 --> 00:30:12,759
Does the fact that
you started your career
566
00:30:12,760 --> 00:30:15,439
at the energy regulator Ofgem,
567
00:30:15,440 --> 00:30:19,079
have anything to do with the lack
of supervision over Lumi's finances?
568
00:30:19,080 --> 00:30:21,279
I don't follow. What's that
got to do with anything?
569
00:30:21,280 --> 00:30:22,800
My point exactly.
570
00:30:23,600 --> 00:30:24,799
It's a coincidence.
571
00:30:24,800 --> 00:30:26,439
Okay, so it's not Lumi's fault,
572
00:30:26,440 --> 00:30:28,359
and I assume you're here to ensure
573
00:30:28,360 --> 00:30:31,079
that it's not the
government's fault, so...
574
00:30:31,080 --> 00:30:32,840
Secretary of State, whose fault is it?
575
00:30:35,640 --> 00:30:38,079
My department dropped the ball
576
00:30:38,080 --> 00:30:41,919
and therefore the responsibility
is mine and mine only.
577
00:30:43,680 --> 00:30:48,319
The goalposts over what's
acceptable in public life
578
00:30:48,320 --> 00:30:51,599
have shifted over the last half-decade
579
00:30:51,600 --> 00:30:54,479
due in part to my party's leadership.
580
00:30:54,480 --> 00:30:58,439
Scandal has become such
an iterative process for us
581
00:30:58,440 --> 00:31:00,799
that it has ceased to become scandal.
582
00:31:00,800 --> 00:31:05,879
But I am here to prove
to you and the public,
583
00:31:05,880 --> 00:31:09,840
that I still believe in
accountability in politics.
584
00:31:11,960 --> 00:31:15,759
Which is why I've come from Number Ten,
585
00:31:15,760 --> 00:31:19,159
where I tendered my resignation
to the Prime Minister.
586
00:31:22,360 --> 00:31:25,599
You have no idea how lucky we just got.
587
00:31:25,600 --> 00:31:27,440
She just made the government the story.
588
00:31:29,160 --> 00:31:30,840
What are you talking
about how lucky "we" got?
589
00:31:32,520 --> 00:31:33,520
You mean me.
590
00:31:35,760 --> 00:31:40,439
And on the subject of a
criminal investigation,
591
00:31:40,440 --> 00:31:43,479
this government welcomes the opportunity
592
00:31:43,480 --> 00:31:48,119
to engage the Attorney General
and the Serious Fraud Office
593
00:31:48,120 --> 00:31:51,319
to mete out justice where appropriate.
594
00:32:05,800 --> 00:32:07,039
How did the Prime Minister
595
00:32:07,040 --> 00:32:08,600
take your resignation
as Secretary of State?
596
00:32:10,560 --> 00:32:11,640
Now, back off.
597
00:32:15,440 --> 00:32:16,799
If I knew they were gonna use
598
00:32:16,800 --> 00:32:19,759
Caedi like that, or she felt like this,
599
00:32:19,760 --> 00:32:21,919
I would have reached out
to her. It was traumatic.
600
00:32:24,920 --> 00:32:26,719
And I didn't buy her
any clothes, by the way.
601
00:32:26,720 --> 00:32:28,599
I let her use my
Net-A-Porter discount once.
602
00:32:28,600 --> 00:32:29,720
Are you not worried...
603
00:32:30,640 --> 00:32:32,399
about the...
604
00:32:32,400 --> 00:32:34,599
the criminal implications
that Dearn raised.
605
00:32:34,600 --> 00:32:35,879
You sat through that shit show.
606
00:32:35,880 --> 00:32:37,520
Wouldn't you say blame is complicated?
607
00:32:38,840 --> 00:32:42,080
It lies with me, my board, my bankers...
608
00:32:43,560 --> 00:32:44,560
and the government.
609
00:32:44,561 --> 00:32:47,120
But people want a single
reductive certainty.
610
00:32:48,800 --> 00:32:50,160
Let me buy you an early dinner.
611
00:32:51,240 --> 00:32:52,920
There's some friends of
ours I want you to meet.
612
00:32:54,440 --> 00:32:56,519
All's fair in love and war, right?
613
00:33:05,360 --> 00:33:07,560
Give us our money back, wanker!
614
00:33:09,640 --> 00:33:14,439
Some pre-prandial martinis
to lube up the conversation.
615
00:33:14,440 --> 00:33:17,199
Two? Three? Oh, and a glass of Ruinart
616
00:33:17,200 --> 00:33:18,760
for our absent guest.
617
00:33:19,720 --> 00:33:21,279
Wait, is someone else joining us?
618
00:33:21,280 --> 00:33:22,759
Just a Perrier for me.
619
00:33:22,760 --> 00:33:25,759
- Oh.
- I thought Dearn was a little unsophisticated
620
00:33:25,760 --> 00:33:27,799
how she went for the jugular in there.
621
00:33:27,800 --> 00:33:29,399
I had a similar
grilling from our current
622
00:33:29,400 --> 00:33:31,639
Foreign Secretary during
the Leveson inquiry.
623
00:33:31,640 --> 00:33:33,759
He's in your pocket
now, isn't he, Nortie?
624
00:33:33,760 --> 00:33:36,079
You did hack Hugh Grant's phone, no?
625
00:33:36,080 --> 00:33:37,799
I'm not rising to that.
626
00:33:39,000 --> 00:33:42,839
It takes a certain person to
not wilt under those lights.
627
00:33:44,040 --> 00:33:45,439
You did well.
628
00:33:45,440 --> 00:33:47,479
Yeah, your friend Harper realized
629
00:33:47,480 --> 00:33:50,879
the sell-side is where the
fertile minds go to die.
630
00:33:50,880 --> 00:33:53,079
She's doing rather well with my money.
631
00:33:53,080 --> 00:33:56,359
It's time for you to have
the same realization, Rob.
632
00:33:56,360 --> 00:34:00,399
Well, if it isn't our
future Prime Minister.
633
00:34:02,240 --> 00:34:04,559
Fuck me! Muah!
634
00:34:04,560 --> 00:34:06,120
Muah!
635
00:34:09,280 --> 00:34:11,279
Well done in there.
636
00:34:11,280 --> 00:34:15,599
This is purportedly the
worst day of my career.
637
00:34:15,600 --> 00:34:18,760
I've just had to let my
entire private office go.
638
00:34:20,160 --> 00:34:21,679
Where's Blanc de Blancs?
639
00:34:21,680 --> 00:34:24,359
Oh, as if by magic.
640
00:34:24,360 --> 00:34:25,839
Just giving a nod to James
641
00:34:25,840 --> 00:34:27,879
and the news team on
tomorrow's headline.
642
00:34:27,880 --> 00:34:29,919
Aurore, do you prefer "Third Way"
643
00:34:29,920 --> 00:34:32,159
or "New Hope" for the sub?
644
00:34:32,160 --> 00:34:33,879
You know best, Alexander.
645
00:34:33,880 --> 00:34:35,439
After that disastrous budget,
646
00:34:35,440 --> 00:34:37,199
they had to put a
centrist in as Chancellor,
647
00:34:37,200 --> 00:34:39,159
but we'll have him out by the election.
648
00:34:39,160 --> 00:34:41,879
- Oh.
- The job's yours to lose.
649
00:34:41,880 --> 00:34:45,679
What about the, um... Well,
the criminal proceedings?
650
00:34:45,680 --> 00:34:48,440
Oh, I had a word with
the Attorney General.
651
00:34:49,080 --> 00:34:50,480
It's in his in-tray.
652
00:34:51,240 --> 00:34:52,799
He'll look at it,
653
00:34:52,800 --> 00:34:54,840
then it'll be in someone else's in-tray.
654
00:34:56,160 --> 00:34:58,159
Oh, and if the press come knocking,
655
00:34:58,160 --> 00:35:00,279
ask something that'll use up oxygen,
656
00:35:00,280 --> 00:35:03,759
like, um, can a woman have a penis?
657
00:35:03,760 --> 00:35:05,159
Oh, dear.
658
00:35:06,800 --> 00:35:09,079
Well, looks like my
uncle made some promises.
659
00:35:09,080 --> 00:35:10,559
Good to have him in your favor.
660
00:35:10,560 --> 00:35:11,679
Mm.
661
00:35:11,680 --> 00:35:15,559
I am surprised you are
such a bad bullshitter.
662
00:35:15,560 --> 00:35:17,599
Isn't that what the
Oxford tutorial system
663
00:35:17,600 --> 00:35:18,800
is meant to teach us?
664
00:35:20,360 --> 00:35:21,439
Um...
665
00:35:21,440 --> 00:35:23,319
We should have a toast, shouldn't we?
666
00:35:23,320 --> 00:35:25,040
Um, to England?
667
00:35:26,200 --> 00:35:30,080
No, uh, to, uh... Well, to friends.
668
00:35:30,840 --> 00:35:33,440
Old and, uh, new.
669
00:35:34,480 --> 00:35:36,639
- To friends, old and new.
- Friends...
670
00:35:36,640 --> 00:35:37,920
To friends, old and new.
671
00:35:41,040 --> 00:35:43,239
Cheers.
672
00:35:46,920 --> 00:35:48,959
It's a shame that the, uh...
673
00:35:48,960 --> 00:35:50,999
the heart palpitations
you get off shit gear
674
00:35:51,000 --> 00:35:53,200
don't count as cardio.
675
00:35:56,600 --> 00:35:58,039
Did you, uh...
676
00:35:58,040 --> 00:36:02,759
did you ever, you know, get with Yasmin?
677
00:36:04,000 --> 00:36:05,080
No.
678
00:36:05,960 --> 00:36:07,160
Although she did once...
679
00:36:08,960 --> 00:36:10,999
make me eat my own
ejaculate off a mirror.
680
00:36:15,560 --> 00:36:17,559
I've invited her to join us later.
681
00:36:17,560 --> 00:36:22,359
And while... I'm not a... I'm
not a sexually jealous man,
682
00:36:22,360 --> 00:36:24,480
I just don't want it
to be awkward, you know.
683
00:36:25,080 --> 00:36:26,120
We're just friends.
684
00:36:29,520 --> 00:36:31,039
She's a very good friend.
685
00:36:31,040 --> 00:36:32,440
I think she might be it.
686
00:36:34,040 --> 00:36:36,039
The bullet to take me
out of the Great War.
687
00:36:36,040 --> 00:36:37,079
What?
688
00:36:37,080 --> 00:36:39,080
Oh, for fuck's sake. I
think I'm in love with her.
689
00:36:40,760 --> 00:36:41,840
Well, you shouldn't tell her that.
690
00:36:44,120 --> 00:36:45,399
She's not in the emotional headspace
691
00:36:45,400 --> 00:36:46,520
to hear things like that.
692
00:36:47,800 --> 00:36:49,079
Oh.
693
00:36:49,080 --> 00:36:50,160
So, you do love her.
694
00:36:54,360 --> 00:36:56,279
That now ex-cabinet minister
695
00:36:56,280 --> 00:36:58,799
really took the heat
for us in there today.
696
00:36:58,800 --> 00:37:00,560
Sorry I left you high and dry.
697
00:37:01,360 --> 00:37:02,839
Senior management... help yourself...
698
00:37:02,840 --> 00:37:04,279
have had their eye
on who's gonna sail us
699
00:37:04,280 --> 00:37:05,999
through this squall.
700
00:37:06,000 --> 00:37:07,879
Is it premature to toast your ascension
701
00:37:07,880 --> 00:37:09,000
to the top job?
702
00:37:11,280 --> 00:37:12,880
They're making you CEO, right?
703
00:37:14,880 --> 00:37:16,159
Please.
704
00:37:16,160 --> 00:37:18,319
I'm honored you think they'd
even finger me for that.
705
00:37:18,320 --> 00:37:20,999
No, I have it on semi-good authority
706
00:37:21,000 --> 00:37:22,799
it's gonna be Tom Wolsey.
707
00:37:22,800 --> 00:37:24,439
You're fucking kidding me.
708
00:37:24,440 --> 00:37:26,559
The ex-Bain turnaround guy?
709
00:37:26,560 --> 00:37:28,359
He's... He's a kid.
710
00:37:28,360 --> 00:37:31,359
I think if he's announced,
it tells us the story.
711
00:37:31,360 --> 00:37:33,760
- He's gonna gut us?
- Is that a question?
712
00:37:35,880 --> 00:37:37,759
Between us...
713
00:37:37,760 --> 00:37:39,639
I think Wilhelmina was
part of the soft pressure
714
00:37:39,640 --> 00:37:40,759
behind Lindsay's retirement.
715
00:37:40,760 --> 00:37:42,719
She's gonna do everything
she can to pass the buck
716
00:37:42,720 --> 00:37:44,840
about the ESG disaster
in front of Wolsey.
717
00:37:45,880 --> 00:37:47,319
The grad was right.
718
00:37:47,320 --> 00:37:49,719
Not even a forensic accountant
could read our balance sheet.
719
00:37:49,720 --> 00:37:50,999
It's too unwieldy.
720
00:37:51,000 --> 00:37:52,519
What I can tell you is we're not safe
721
00:37:52,520 --> 00:37:53,719
from a plummeting share price.
722
00:37:53,720 --> 00:37:55,040
We're not safe from panic.
723
00:37:57,920 --> 00:38:00,759
Epstein's island was a naff Mustique.
724
00:38:04,240 --> 00:38:05,799
- Stop!
- You won't find the Muck name
725
00:38:05,800 --> 00:38:07,960
- on the flight manifesto.
- Don't.
726
00:38:09,240 --> 00:38:11,719
Yeah, I heard he was Mossad agent...
727
00:38:11,720 --> 00:38:13,239
- I need talk to you.
- Oh, in a bit,
728
00:38:13,240 --> 00:38:14,240
in a bit, in a bit.
729
00:38:14,241 --> 00:38:16,119
Henry, we need to talk about this girl.
730
00:38:16,120 --> 00:38:17,759
Oh, it was nothing, Yas.
731
00:38:17,760 --> 00:38:19,079
It was fucking nothing.
732
00:38:19,080 --> 00:38:20,199
You're high, Henry.
733
00:38:20,200 --> 00:38:22,519
Why do you get yourself into
these fucking situations?
734
00:38:22,520 --> 00:38:24,719
- Yeah, I know, I know, I know.
- No! No!
735
00:38:24,720 --> 00:38:26,519
It's an abuse of power, Henry.
736
00:38:26,520 --> 00:38:28,519
Fuck, everything's an abuse of power
737
00:38:28,520 --> 00:38:31,839
with me in relationships,
Yas. I can only fuck down.
738
00:38:31,840 --> 00:38:34,440
Who can I fuck that's higher status?
739
00:38:35,360 --> 00:38:37,599
Uh, Hillary Clinton, Kamala Harris?
740
00:38:37,600 --> 00:38:39,239
Not my tempo, babe.
741
00:38:39,240 --> 00:38:41,640
I love a cafรฉ au lait.
742
00:38:42,240 --> 00:38:43,439
Obviously...
743
00:38:43,440 --> 00:38:46,279
Obviously, I'm joking, I'm joking.
744
00:38:46,280 --> 00:38:47,760
For fuck's sake, Yas.
745
00:38:48,960 --> 00:38:50,800
You know, I'm with you now.
746
00:38:52,080 --> 00:38:53,200
I'm with you.
747
00:38:54,400 --> 00:38:55,880
Yeah? You're everything.
748
00:38:56,640 --> 00:38:58,640
You're fucking everything.
749
00:38:59,440 --> 00:39:01,079
- Stop.
- No, no, listen to me.
750
00:39:01,080 --> 00:39:03,720
I love how vulnerable you make me feel.
751
00:39:04,680 --> 00:39:05,760
Yeah?
752
00:39:05,761 --> 00:39:07,999
- I loved this morning.
- Okay.
753
00:39:08,000 --> 00:39:09,439
You know, that was a holy moment.
754
00:39:09,440 --> 00:39:10,959
When we were that
vulnerable with each other...
755
00:39:10,960 --> 00:39:12,519
- Okay, I...
- ... when you pissed on me.
756
00:39:12,520 --> 00:39:16,120
You got another girl to piss on you?
757
00:39:19,120 --> 00:39:21,599
Lick it up off the fucking floor.
758
00:39:21,600 --> 00:39:23,079
- Hey, Yas.
- No, not right now.
759
00:39:23,080 --> 00:39:25,240
Oh, I always liked her.
760
00:39:27,680 --> 00:39:30,240
Hey, hey, hey, hey, hey,
hey, hey, hey, hey, come on.
761
00:39:36,680 --> 00:39:38,400
Let's give it a good fucking nudge.
762
00:39:40,880 --> 00:39:43,119
Did you know anything
about this Lumi girl?
763
00:39:43,120 --> 00:39:45,399
- No.
- Like, what am I doing
764
00:39:45,400 --> 00:39:46,999
involving myself with someone like him?
765
00:39:47,000 --> 00:39:49,239
Like, what is actually wrong with me?
766
00:39:49,240 --> 00:39:50,399
There's nothing wrong with you.
767
00:39:50,400 --> 00:39:52,039
So many fucked up fucking issues.
768
00:39:52,040 --> 00:39:54,439
I surround myself with these men.
769
00:39:54,440 --> 00:39:56,359
Like... And I want them to want me.
770
00:39:56,360 --> 00:39:57,760
Why? I don't...
771
00:39:59,440 --> 00:40:03,159
I even... wanted... my dad to like me.
772
00:40:03,160 --> 00:40:04,879
Yeah, but you know,
773
00:40:04,880 --> 00:40:07,999
there's nothing wrong with
wanting your dad to like you.
774
00:40:08,000 --> 00:40:11,359
God, I spent years trying
to get my mom's approval.
775
00:40:11,360 --> 00:40:12,599
Have you tried Bacchanalia yet?
776
00:40:12,600 --> 00:40:15,999
I mean, you know, presentationally.
777
00:40:16,000 --> 00:40:18,560
Got some god-awful
Damien Hirst in there.
778
00:40:21,200 --> 00:40:23,199
Can't you just fall in love with me?
779
00:40:25,160 --> 00:40:27,280
It would make everything so much easier.
780
00:40:35,640 --> 00:40:37,199
Where we going tonight?
781
00:40:37,200 --> 00:40:39,639
Thinkin' around Maison Estelle,
782
00:40:39,640 --> 00:40:40,719
- Koko...
- Hello?
783
00:40:40,720 --> 00:40:41,919
Yas, it's Denise.
784
00:40:41,920 --> 00:40:43,959
Uh, are you somewhere private?
785
00:40:43,960 --> 00:40:45,319
Is everything okay?
786
00:40:45,320 --> 00:40:46,760
Are you somewhere private?
787
00:40:48,160 --> 00:40:49,279
What's wrong?
788
00:40:49,280 --> 00:40:51,879
Okay, um, I'd rather not
do this over the phone,
789
00:40:51,880 --> 00:40:54,519
but I thought speed was quite important,
790
00:40:54,520 --> 00:40:56,120
given how quickly it might get out.
791
00:40:57,120 --> 00:41:00,120
Um, they found a body.
792
00:41:01,440 --> 00:41:03,639
It's, uh, it's most likely your father.
793
00:41:03,640 --> 00:41:05,839
Uh, um...
794
00:41:05,840 --> 00:41:08,679
Yes, do you... do you
need me to come to you?
795
00:41:08,680 --> 00:41:10,559
- I'm gonna...
- Yas...
796
00:41:10,560 --> 00:41:13,200
I'll... I'll... I'll call you later.
797
00:41:15,920 --> 00:41:17,239
Have you seen those fucking mugs
798
00:41:17,240 --> 00:41:18,559
queueing outside Greek Street?
799
00:41:18,560 --> 00:41:20,280
It's like a fucking labor exchange?
800
00:41:27,720 --> 00:41:29,160
Sorry, I can't, I can't.
801
00:41:35,600 --> 00:41:37,719
Come on, fucking hell...
802
00:41:37,720 --> 00:41:39,360
Fucking get in there.
803
00:41:47,120 --> 00:41:48,639
I've got a surprise for later.
804
00:41:49,920 --> 00:41:51,719
Whoa, easy, easy, easy, easy.
805
00:41:51,720 --> 00:41:53,559
I'm taking you somewhere special.
806
00:41:53,560 --> 00:41:55,599
This is dark web coke.
None of your speed shit.
807
00:41:55,600 --> 00:41:56,959
Shit got real.
808
00:41:56,960 --> 00:41:58,400
Right.
809
00:41:59,520 --> 00:42:01,560
So...
810
00:42:03,320 --> 00:42:05,200
I wanted to bring you
here to tell you privately.
811
00:42:06,760 --> 00:42:08,439
I've been living with a medulloblastoma
812
00:42:08,440 --> 00:42:09,680
in my left temporal lobe.
813
00:42:11,240 --> 00:42:13,479
Rare in adults and inoperable.
814
00:42:13,480 --> 00:42:14,639
Can you believe it?
815
00:42:14,640 --> 00:42:17,520
I was repeating myself a
lot, so I got it checked out.
816
00:42:18,280 --> 00:42:19,959
What's the prognosis?
817
00:42:19,960 --> 00:42:22,600
Oh, years, no doubt. Modern medicine.
818
00:42:23,280 --> 00:42:24,280
Years.
819
00:42:26,280 --> 00:42:27,520
Why are you looking at me like that?
820
00:42:28,360 --> 00:42:29,520
You think I'm in denial?
821
00:42:30,600 --> 00:42:32,680
No, not at all. I'm just...
822
00:42:34,280 --> 00:42:37,680
thinking about how I
always admired your hair.
823
00:42:39,320 --> 00:42:40,520
It ain't budged.
824
00:42:43,400 --> 00:42:45,600
Yeah, I decided chemo wasn't practical.
825
00:42:46,860 --> 00:42:47,880
What a life, eh?
826
00:42:47,881 --> 00:42:49,759
You bet death against your vanity
827
00:42:49,760 --> 00:42:51,119
and your vanity still wins.
828
00:42:55,480 --> 00:42:57,159
Yeah, I didn't want people
in the office thinking
829
00:42:57,160 --> 00:42:58,679
I was in any way incapacitated.
830
00:42:58,680 --> 00:43:01,559
So, I, uh, flew to this
clinic in Switzerland.
831
00:43:01,560 --> 00:43:03,759
They're trialing a DCVax treatment
832
00:43:03,760 --> 00:43:06,879
where they expose nude
mice to the tumor cells
833
00:43:06,880 --> 00:43:08,520
to create a bespoke vaccine.
834
00:43:10,920 --> 00:43:12,760
Cancer's like our business. It's, uh...
835
00:43:14,000 --> 00:43:15,600
It's a country with its own language.
836
00:43:19,000 --> 00:43:20,040
How are your daughters?
837
00:43:20,760 --> 00:43:22,680
I'm fighting for custody.
838
00:43:24,400 --> 00:43:27,719
But Candace is a merciless bitch.
839
00:43:29,840 --> 00:43:31,199
That's why I loved her.
840
00:43:31,200 --> 00:43:33,159
You want the weekends, or the week?
841
00:43:33,160 --> 00:43:38,079
I used to see what my daughters
could become and achieve
842
00:43:38,080 --> 00:43:40,480
in every successful
young woman I came across.
843
00:43:42,440 --> 00:43:43,559
But now...
844
00:43:43,560 --> 00:43:46,480
Now you wanna come across
every successful young woman?
845
00:43:47,480 --> 00:43:49,640
Mr. Tao, HR are on the line.
846
00:43:50,440 --> 00:43:51,960
I don't know what I feel.
847
00:43:52,920 --> 00:43:55,199
Ooh, disgrace is coming.
848
00:43:55,200 --> 00:43:56,400
Don't expedite it.
849
00:43:58,760 --> 00:44:01,080
Luckily, cancer really
does a number on desire.
850
00:44:06,440 --> 00:44:07,480
Hey, hey.
851
00:44:08,800 --> 00:44:10,799
Who are you crying for?
852
00:44:10,800 --> 00:44:12,960
- I hope it's not for me.
- Sorry, sorry.
853
00:44:17,600 --> 00:44:18,640
Remember...
854
00:44:19,880 --> 00:44:21,520
we grew up in this bank.
855
00:44:22,480 --> 00:44:23,480
We're lifers.
856
00:44:24,480 --> 00:44:25,879
And I'm happy we made that trade,
857
00:44:25,880 --> 00:44:27,639
but only if we act like we know its soul
858
00:44:27,640 --> 00:44:29,919
and we're prepared to fight for it.
859
00:44:29,920 --> 00:44:32,160
Because the next few
weeks are gonna be a fight.
860
00:44:53,080 --> 00:44:54,240
How long was I out for?
861
00:44:55,440 --> 00:44:57,000
I've been thinking about my intentions.
862
00:45:03,600 --> 00:45:05,039
One must think clearly
863
00:45:05,040 --> 00:45:06,720
about what one will ask the medicine.
864
00:45:09,080 --> 00:45:11,720
You can't wear that. You
look like a T.M. Lewin wanker.
865
00:45:25,080 --> 00:45:27,239
Expensive way to get off your tits.
866
00:45:27,240 --> 00:45:28,759
Where the fuck have you dragged me?
867
00:45:28,760 --> 00:45:30,240
Cheap way to meet God though.
868
00:45:32,680 --> 00:45:34,560
- Just sit on the blue blanket for me.
- All right.
869
00:45:36,440 --> 00:45:37,840
Just sit on that blanket for me.
870
00:45:40,040 --> 00:45:42,600
I haven't paid 800 quid to
sit in some woods in Kent.
871
00:45:45,120 --> 00:45:46,919
I better fucking figure some shit out.
872
00:45:46,920 --> 00:45:48,000
Hey, dude.
873
00:45:48,760 --> 00:45:50,039
Pierre.
874
00:45:50,040 --> 00:45:52,600
Is this your first journey?
This is my third set of cups.
875
00:45:53,640 --> 00:45:55,599
I don't think I'm in the
right headspace for this.
876
00:45:55,600 --> 00:45:57,360
Well, you look like
you've sobered up a bit.
877
00:45:58,760 --> 00:46:00,920
I told Henry to abstain,
but he never listens.
878
00:46:02,840 --> 00:46:05,279
He doesn't respect the medicine.
879
00:46:05,280 --> 00:46:07,159
And remember, the plant
finds you when you're ready.
880
00:46:27,240 --> 00:46:28,360
You're here now.
881
00:46:29,960 --> 00:46:31,200
Do you really have a choice?
882
00:46:46,280 --> 00:46:47,440
Diego!
883
00:46:48,240 --> 00:46:49,759
Help me, Diego!
884
00:47:08,320 --> 00:47:09,720
Guรญanos...
885
00:47:10,360 --> 00:47:11,560
Ayahuasca.
886
00:47:13,580 --> 00:47:14,640
Ayahuasca.
887
00:47:57,080 --> 00:48:00,080
Shoeshine, shoeshine, shoeshine.
888
00:48:01,040 --> 00:48:04,959
Shoeshine, shoeshine, shoeshine.
889
00:48:04,960 --> 00:48:08,399
Shoeshine, shoeshine, shoeshine.
890
00:48:31,160 --> 00:48:32,160
You're a company...
891
00:48:32,161 --> 00:48:33,680
You're a company...
You're a company man.
892
00:48:49,680 --> 00:48:51,480
Go on, Mommy's not looking.
893
00:50:09,240 --> 00:50:10,960
She was a tyrant, you know?
894
00:50:12,840 --> 00:50:14,359
You're just like my mother.
895
00:50:14,360 --> 00:50:16,320
She was an unfillable void of need too.
896
00:50:20,000 --> 00:50:21,440
She was very...
897
00:50:23,360 --> 00:50:24,360
present.
898
00:50:29,920 --> 00:50:31,159
She was restless.
899
00:50:31,160 --> 00:50:33,279
Just like you, always in your ear.
900
00:50:34,880 --> 00:50:36,079
She loved you.
901
00:51:18,800 --> 00:51:21,200
We have to find a way to monetize this.
902
00:51:27,880 --> 00:51:29,720
Christ, I'm coming down hard.
903
00:51:31,240 --> 00:51:33,680
I had a very nasty experience
in the loo just now.
904
00:51:36,360 --> 00:51:37,480
I saw a monster.
905
00:51:45,600 --> 00:51:46,680
Whatever you do...
906
00:51:50,120 --> 00:51:51,160
don't look in the mirror.
907
00:51:53,840 --> 00:51:57,800
("CMON" BY FRED AGAIN...
908
00:53:32,720 --> 00:53:33,960
Can I get in with you?
909
00:53:36,640 --> 00:53:37,799
What time is it?
910
00:53:37,800 --> 00:53:38,880
I don't know.
911
00:53:41,280 --> 00:53:42,280
Where have you been?
912
00:53:43,480 --> 00:53:45,559
I ended up in some member's club.
913
00:53:45,560 --> 00:53:47,880
Sat at the bar for a
bit, getting fucked up.
914
00:53:49,920 --> 00:53:52,040
Got some guys to buy
me about eight Negronis.
915
00:53:52,920 --> 00:53:53,920
And then when they left,
916
00:53:53,921 --> 00:53:56,280
they realized that I wasn't
a paying member anymore.
917
00:53:59,480 --> 00:54:00,800
So they asked me to leave.
918
00:54:04,400 --> 00:54:05,480
And I came home.
919
00:54:09,480 --> 00:54:12,000
Sorry I left you with them.
920
00:54:15,240 --> 00:54:16,800
I think I'm gonna sell the house.
921
00:54:19,600 --> 00:54:22,480
How did you afford this
place in the first place?
922
00:54:23,040 --> 00:54:24,040
Clement...
923
00:54:26,960 --> 00:54:29,799
He left me half a
million quid in his will.
924
00:54:29,800 --> 00:54:32,480
I guess it doesn't really matter
where the money comes from.
925
00:54:33,440 --> 00:54:34,440
I think it does.
926
00:54:36,320 --> 00:54:38,160
I think I'm finally
beginning to see that.
927
00:54:44,720 --> 00:54:46,800
What am I gonna do if I lose my job?
928
00:54:58,160 --> 00:54:59,440
Henry will look after you.
929
00:55:02,560 --> 00:55:04,520
But he's a cunt.
930
00:55:08,040 --> 00:55:10,439
Yeah, he's your type.
931
00:55:19,480 --> 00:55:20,600
I guess he is.
932
00:55:24,440 --> 00:55:26,200
My fate is predetermined.
933
00:55:27,480 --> 00:55:28,480
Yeah.
934
00:55:34,760 --> 00:55:36,639
You're destined to marry your dad.
935
00:55:51,920 --> 00:55:54,079
That would be impossible
'cause I killed him.
936
00:56:28,000 --> 00:56:33,000
- Synced and corrected by chamallow -
- www.MY-SUBS.com -
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