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Okay, I assume you all know what's going on here?
Here is where the algorithm selects the trades.
Here are our executed orders.
Here's an option we put on last night.
For 12.5 five million options to sell Vista Airways at 7.28...
euros a share.
That's a heck of a chunk of the market.
A little risky if you don't mind me saying so.
All airline stocks are fragile these days, Bill.
I'm perfectly easy with that position.
Vista Airways had 12 percent passenger growth
in the final quarter
and a revised profits forecast up nine percent.
Plus, theyjust took delivery of a new fleet of aircraft.
So...
I don't get that position. Makes no sense.
- May I? - Of course.
Proctor and Gamble, six million short at sixty-two.
Exelon, three million short at forty-one-fifty.
Jesus. Is an asteroid about to hit or what?
We haven't lost your money yet, have we, Mr. Klein?
Am I missing something
or are those positions way out of line?
You're not missing anything. VIXAL is...
Hey, did Marieme get hold of you?
She wanted to call a meeting of the risk committee.
No.
Give me a minute, Hugo. I'll be right back.
- What have you got for me? - Well, they're in your name.
How old are they? I don't remember...
Well, recently they were emptied and a month later
the same amount plus interest was deposited back.
- How much? - Like, 12 million, give or take.
You must have authorized it.
Okay. Let me look into this.
You just don't tell anyone about this, okay?
- Okay. - Oh, my God, look at this!
Sixty-seven aircraft operated
by the Swiss company Vista Airways...
Vista Airways, did she just say Vista Airways?
- Yes. - ...came down
on the outskirts of the city, shortly after take-off.
It's not yet known how many passengers
or crew members were on board the flight,
or if, indeed there are any survivors.
And the only pictures we can bring you at this moment
show plumes of smoke on the edges
of the Wetwald Freising woodland.
Just to the northwest of Munich Airport.
Well, emergency services are currently at the scene...
No survivors.
...unconfirmed reports suggest...
No way anyone's getting out of that.
...that there was a possible explosion moments
after the aircraft took off.
- Turn it off. - Holy shit.
This just happened and Vista Airways stock
is down 15 percent already.
- It's crashing. - Wow.
Your little black box is really cleaning up, Alex.
VIXAL 4 must be a fortune teller.
The fund stands to make 20,
30 million dollars from this one trade.
Dr. Hoffman? Mr. Quarry is asking for you.
Yeah. I'll be right out.
...aircraft operated
by the Swiss company Vista Airways,
carrying up to 150 passengers.
Well, eyewitnesses say that the plane
got into trouble not long after taking off.
And further reports suggest
there was a possible explosion on-board the aircraft.
Well, these pictures, just in,
show emergency services at the scene.
Hey.
...warning these pictures are very...
I just wanted to check-in,
make sure you're okay.
- Have you seen the news? - Yeah. It's horrible.
Are you able to get away?
Firefighters are still battling...
I can't. We were halfway through the presentation
when the crash happened.
Um, there are a couple things I have to take care of here.
But I'll be there as soon as possible. Okay?
How's your head?
What do you mean?
Your head, Alex, it was split open this morning.
Oh.
Right, yeah, it's fine. Normal.
I'll be there before it starts, I promise.
- I love you. - Love you too.
That's exactly what I heard...
All right, let's keep this quick please, Marieme.
- What's the damage? - To us, or to Vista Airways?
I think we'll be looking at an official investigation.
Why? We didn't know that plane was gonna fucking crash.
VIXAL made a huge bet to the downside on Vista Airways
just before the crash
and the inevitable share price collapse.
An investigation is almost guaranteed.
They'll have detected unusual activity
surrounding Vista Airways stock. It'll lead them straight to us.
But we haven't done anything illegal.
Not unless we sabotaged the plane.
And how the fuck would we have done that?
Sabotage is a conclusion people will come to
considering the recent trades.
Could VIXAL have somehow acquired news of the crash
before the rest of the market?
VIXAL takes a direct digital newsfeed from Reuters
which gives it, what, an advantage
of a second or two over a human trader
but there are plenty of other algorithmic
trading systems that do the same.
It would take us less than five minutes
to show even the most dumb-assed regulator
that we shorted that stock as part
of a pattern of bets to the downside.
There's nothing special.
There's a spread. No coincidence. Get over it.
As a former 'dumb ass regulator' I agree with you.
It's the pattern that matters,
which is why I tried to talk to you this morning.
I had a pretty shitty start to my day, Marieme,
as you can see.
Have you been following our positions?
No. I've been rather busy this morning.
I thought so.
Well, we're up to 20,000 contracts.
Twenty thousand?
Well, Hugo, we started accumulating
VIX futures back in April,
when the index stood at 18.
If we had sold, we'd have done very well
and I assumed that's what would happen.
But rather than following the logical course and selling,
we're still buying.
Frankly, I'm seriously worried. Our books' all out of shape.
We're long gold, we're long the dollar.
We're short every equity futures index.
If we don't get on top of this situation,
we'll have to notify the board.
And possibly go even higher.
So, what are you suggesting we do, Marieme?
We have to be properly across what VIXAL's doing,
with so many contracts.
We have to start liquidating these positions.
Meaning, if the level of our exposure isn't dialed back,
I'll have to notify the investors.
Which means I'll have to talk to the board.
Alex, are you even listening?
Yes, of course I am.
Liquidating our positions at this stage
would be a total overreaction. Marieme, Jesus!
We made nearly 80 million dollars last week.
We just made another 40 million this morning.
And you want us to ignore VIXAL's analysis
and go back to discretionary trading?
My algorithm is working.
Come in.
Sorry to disturb.
Dr. Hoffman, you wanted a reminder
about Mrs. Hoffman's exhibition.
Yes, yes, of course.
If you want to get there before it starts.
Let's wrap this up, shall we?
Message is said to have gone out...
I need to talk to you. Hugo.
- What now? - Islamic terrorist website
with the Akhwat Alsyfgroup claiming responsibility.
It appears to have been published
while the Vista Airways flight was still boarding.
It's going to be very difficult for us to deny that VIXAL,
and by association, this company
knew that this crash was going to happen today.
If that's the case, and we didn't notify...
Let's just all try and stay calm.
And remember we have investors in the building.
We may have profited from that crash
but we didn't bring that plane down.
So, it's not our fault we happen to be richer for it.
It's immoral.
You mustn't be so pious.
I'll be at the lunch, but I have to go see my wife.
...deliberate act of terrorism.
This is the first...
Dr. Hoffman, my name is Olivier.
I've been assigned to you by Monsieur Genoud.
If you don't mind, I think it's best
- if we use this exit, sir. - Okay.
One moment, please.
Okay, we can go.
Hugo, are you listening to me?
If he won't stay for something as important as a risk meeting,
when his own company is on high alert,
it's clear he's not in his right mind.
Everybody here has witnessed his extraordinary behavior.
He can't be trusted. And frankly,
I believe we should take steps to remove him.
Don't take it personally, Hugo.
Oh, you're being serious.
Not now!
Are you lost? What do you want?
There's something you need to see.
Seriously.
VIXAL 4 has been buying
a great deal of stock in a pharmaceutical company
that supplies vaccines for Ebola.
We didn't think much of it at first but with the crash
and now these links to a terrorist group
plus the amount of stock being purchased,
we're wondering if VIXAL
is aware of an imminent outbreak or...
I don't know, something like that.
Hugo, we have to stop trading.
As Alex isn't here...
I will always act in Alex's best interest.
And as he believes that VIXAL 4 is doing its job,
I will do no such thing.
Now, I have to take our investors out to lunch,
so I suggest we reconvene at 3:30
when the US markets open and review the situation then.
All right?
I think it would be prudent for a lawyer to be present.
Oh, Marieme, threats don't become you.
And I'll have my comments from this meeting minuted.
Whatever you say. Bye.
Conard.
Dr. Hoffman.
It's not a good day for you, is it, Maurice?
Excuse me, sir?
First our home security system, which you installed, fails.
Now my work computer's been compromised.
- What? - Someone has accessed sites from
or directed sites to my server. The worst, worst kind of shit.
- What do you mean? - All kinds of stuff
connected with the crash today.
Terrorist information,
listed in my computer's history
as domain unknown, IP addresses from the dark web.
I mean, after today's trades and the crash,
it looks like I had prior knowledge.
I shouldn't be able to access the dark web, Maurice.
I put software on your computer
allowing you to access the dark web.
What?
Why would you allow that into our systems?
Not all the systems, just yours.
Why? Whyjust mine?
Maurice?
Is this a test, sir?
What the fuck are you talking about?
Someone is fucking with me!
Okay. I understand. I'll look into this right away.
And don't let anyone at the office know.
Not Hugo, no one. Okay?
Understood.
Erm...
Hmm.
I'll go in alone.
My colleague is just inside the gallery.
I'm so proud of you.
I just want to make it through without crying.
- Who cares if you do? - How sweet.
But, I'm going to have to steal her away.
She needs to schmooze with buyers.
- Schmooze. - Yes.
- See you later. - Après vous Madame.
Merci.
- How's it going? - Jesus Christ.
Hugo. I'll be at the goddamn lunch.
Just give me one hour.
All right, relax. It's just a quick courtesy call
to let you know we're on our way to the restaurant.
I can't distract them for too long.
So, enjoy the art. Love to Gabby.
See you soon, all right.
- Right. I gotta go. - Right.
What's going on? Where's Alex?
He'll be joining us at the Beau Valais.
He is coming, right?
I mean, no offense, Hugo.
But it's his name above the door.
You're asking us to put our faith
and our money in something he's selling us
and he's barely shown his face.
And he's extremely grateful for your patience.
Now, shall we?
Alex.
Bob?
Last time I saw you, you turned down my job offer.
You still think I'm the devil come to steal your soul?
I'm not sure I'd put it like that.
But, yes, I still feel
that high-end science and money don't mix.
I offered you an olive branch, Bob, you refused it.
Am I missing something?
Well...
Wouldn't it be hypocritical of me to work on an algorithm
I believed dangerous at CERN,
that was now being used to make money
for the already very wealthy?
Anyway, it was a long time ago.
I actually just wanted to see how you were.
I'm touched.
Alex, you were my friend.
Which is the only reason we didn't press charges.
They put me away, Bob.
It might not have been jail,
but they locked the doors at night.
Well, it obviously helped you get better. Look at you now.
Why are you here, Bob?
You invited me.
The email.
I never sent you an email.
Here.
Um...
"It's been a while. Hope you can make it."
That must have been my assistant.
Enjoy the champagne, Bob.
Ladies and gentlemen,
over here, on the stage. Yes.
Um, after a somewhat long absence,
I should say too long.
Please welcome on stage Gabrielle Hoffman.
Clearly using a mic is beyond me.
Um...
The new work you see here,
the conception of it,
came from losing an unborn child.
The hospital insisted I have an MRI
when they suspected something was wrong.
I'd never had one before, but going through that tunnel,
the screaming sound of the machine.
I knew it was over.
We lost the baby at five and a half months.
It wasn't the first miscarriage,
but it was certainly the most devastating.
Afterwards, my husband took me to Oxford.
And we came across a 3D model of the structure of penicillin
made by Dorothy Hodgkin, in 1944.
She had built it up on sheets of Perspex.
It was so beautiful.
It seemed, to me, to be the perfect union
between science and art.
Losing our baby
made me think about how we remember things.
Make sense of them.
Of all the parts of us,
the brain is what makes us so unique.
We know so much about the human body,
but the brain remains a mystery.
That's where the idea for this sculpture was born.
I'd spent years drawing the human body,
but what if I could go inside the brain?
And get deeper...
What if I could create a portrait of my brain?
Anyway, uh...
J'espère que ca vous plaira.
And please come and find me
if you have any questions. Thank you.
Any news?
Yeah, making inquiries, yes.
No, you're not. You're here.
Um...
Who was the gentleman you were talking to just now?
It was an old work colleague. Haven't seen him in a while.
Ah, yeah. Because I sensed a little tension.
No, no tension.
And where did you work together?
At CERN.
Of course, at CERN, yes. And...
- And why did you leave from... - Oh.
- Was that all right? - Oh, my God, that was brilliant.
It was so amazing.
God, I just need to sell something now.
- You will, I'm sure of it. - Yeah?
- Congratulations Madame Hoffman. - Merci, c'est gentil.
Wait, wait, I have to take this really quickly.
But I'll be right back, all right. Okay.
- All right. - Love you.
Genoud, what have you got?
I've been trying your other number.
I think it would be best
to discuss this on a secure line.
Other number? What are you talking about?
I'm going to join Hugo at the lunch
and we can discuss this in person. It's better that way.
Don't say anything.
I'm going to hang up now.
Genoud? Genoud?
I...
- Hey. Sorry. - Were you hospitalized
because of a nervous breakdown?
What?
- Who told you that? - Is it true?
It's not that simple.
Oh, my God, what?
Excuse me, ladies and gentlemen.
Congratulations, Gabrielle.
Fantastique! It's your first sale.
Thank you. Thank you. Thank you, everyone.
And thank you to whoever bought it.
Hang on, I haven't finished.
And this one.
And this one.
And...
Bertrand, is this all one buyer?
Indeed, a very wealthy...
Who is it, Bertrand?
Unfortunately, I can't reveal that.
It's an anonymous buyer.
It's you, isn't it?
What? I would never do that to you.
Who were you on the phone to just now?
My work, I told you.
You hang up and then two minutes later
everything's been bought?
Bertrand, tell her it wasn't me. Okay.
In all honesty,
I can't say who it is because I don't know.
My bank just sent me an email saying they'd received
an electronic transfer
with reference to this exhibition.
This is good news.
- An electronic transfer? - Correct.
Okay, you need to give it back,
because I do not want my work treated like this.
This is a legal situation, Gabrielle.
When a piece of the art is purchased like that,
- it's gone. - How much did they pay for it?
One hundred and 92 thousand francs.
I will give you an extra 200,000 on top of that
if Gabby can have her work back.
- I can't do that, Dr. Hoffman. - Okay. Fine. 400,000.
- Double it. - No. Stop it, Alex.
You can't be serious.
Gabby, wait! Gabby.
Something very strange is happening here.
Whoever just bought your work
is the same person that sent me that Darwin book.
I'm sure of it.
Someone is trying to fuck with my mind.
Alex, listen to yourself, you're lying.
What? No. Why would I... No.
You have to know that I wouldn't do anything like this to you.
You know you can't just throw money at situations, Alex.
You couldn't do it when we lost the baby,
you cannot do it now.
You won't let me in.
We went through hell for eight years
and I never saw you cry.
But apparently, you had a breakdown,
before you met me.
And that was something you felt like
you shouldn't share with me?
I just... Who are you?
I can't do this.
No, no, wait. Gabby, this is ridiculous.
Hey, don't you ever grab hold of me like that again.
Go after her.
Genoud, I know this is gonna sound crazy,
- but did I just speak to you? - Alex?
Did I just speak to you? Answer the question.
Yes.
I don't need his name, I just need the number, okay.
- I can't do that. - Jesus Christ! You little shit.
No more of that, please.
It would pain me to arrest you
after what you've been through today.
But you need to calm down, you know.
My wife's very upset.
I'm being set up
and this stupid pedantic little man...
- Stupid? Oh, yes. - Yes.
So stupid to have sold all your wife's work
on the first day of this exhibition.
All I want is the number of the buyer's bank account,
and then I can prove
that this is a fraudulent account,
with my name that bought my wife's work. Okay?
That is confidential information.
You said, thanks.
Right.
Can you show me these account numbers please?
If you don't, it's impeding a criminal investigation.
So, you have to do it.
- Fine. - Thanks a lot.
Can I see your number, please?
Someone is trying to ruin my life.
Okay.
All right.
Thank you, monsieur, for your co-operation. Merci beaucoup.
You received no message but that?
Just the notification
that the pieces had been bought, online.
Merci.
Yeah, you're right.
I know.
The numbers match, but that doesn't mean anything.
Other than the fact
that various items have been bought
with money that is in your name.
The famous Darwin book
and the entire collection of your wife's work.
But maybe you are trying to find a way
to avoid being blamed
for a grand gesture that didn't go to plan.
Jesus.
Well, you wouldn't make it in my business.
You wouldn't even get in the fucking door.
You are deliberately misunderstanding the situation.
I'm being framed. Okay?
Yeah.
I understand, yeah.
The numbers speak for themselves.
Will you excuse me?
Of course.
Alex, tell me you're on your way.
Hugo, it's a fucking disaster here!
Gabby's furious,
I think she's gonna leave me. And I...
Somebody is trying to screw everything.
Wait, hold on. What's happened?
Her exhibition. Her work.
She thinks that I bought all of her work.
Well, that's a generous thing to do, isn't it?
Yeah, but I didn't do it, though. It wasn't me.
It came from an account, the money came from an account
with my name on it. But it wasn't from me!
Okay, Alex, you're not making any sense.
All right. Just come here, show your face...
and let's seal the deal.
No. I can't sit and talk to those assholes right now.
They're asking for you. Do you understand?
I'm here, fucking Genoud is here.
You need to be here.
Genoud, okay.
Uh, I'll be there in five minutes.
Great.
Dr. Hoffman.
Yeah, I need to go back to work now.
He's going to show, right?
Oh, he's on his way to us right now.
Despite my obvious reservations
about the fact we're benefitting from disaster,
it's undeniable this VIXAL program is extraordinary.
Which is why we think you ought to invest more.
Indeed, indeed.
Talking of disaster, do we have anything
on Tropix Pharmaceuticals?
- Why do you ask? - They're just doing a deal
with the WHO on a new Ebola vaccine.
Rumblings of an outbreak.
Hi, this is Gabby. Leave a message. Thank you.
Gabby, can you just call me back and let me know you're okay.
I love you.
I don't want to lose you.
We're nearly at the Beau Valais.
Please, wait here one moment, sir.
I must check the premises first.
Okay.
- All good? - Oui, monsieur.
Lin, call me back straight away.
Don't speak to Marieme or Alex, just me. It's urgent.
- Claude. - Yes, sir.
Olivier!
Shouldn't Dr. Hoffman be joining us?
Does he have something more pressing to do today?
Oh, you must know the mind of a genius can wander.
Wander?
Not with my money, he can't.
Bring us here and make us wait here an hour.
Yeah.
Doesn't look good, does it, Hugo?
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