- 4 hours ago
مسلسل Billions مترجم - Episode 1
Category
📺
TVTranscript
00:28You
00:36You're in need of correction, aren't you?
00:40Yeah
00:49I might leave marks
00:52Not a great idea
00:54That's not a no
01:08That's gotta burn
01:10Let me fix it
01:41See, what you have to understand, Michael, is that this is a fuck-up free zone
01:45Guys who sit in Chuck's chair become mayor, governor
01:47We have to be beyond reproach
01:50So no tinder at the goddamn office, okay?
01:57It feels like yesterday I was telling you all this
02:0018 months ago
02:01I added some stuff of my own in there
02:03Yeah, tinder, I had
02:05Come on, he's waiting
02:09Well, off the record, the attorney general's always happy to take my recommendations of who to appoint to the federal
02:15bench
02:16Uh-huh
02:18Very good
02:19Thank you
02:20Sir
02:21Okay, guys, what do we got on deck?
02:23Progress report on two of the open investigations
02:27Ari Spiros from the SEC
02:28Call back
02:29He is here
02:30I'm sorry, sir, he wouldn't
02:32It's fine, Kim
02:33It's okay, thank you
02:35Well, Spiros, what's the occasion?
02:38We're not interviewing right now
02:39It's funny
02:40Here
02:43This got your panties all sticky
02:45Drenched
02:47Suspect trading pattern on Pepsim Pharmaceuticals
02:50Uh-huh
02:50One of my grunts riding the Midas spotted a days-long buy spike
02:58Now, give me Spiros
03:00Take a look
03:04You can all study the charts, or I can give you the answers to the test
03:08Please
03:08Lenny Bosco, Old Oaks Investments
03:10Peter Decker, Quaker Ridge Financial
03:13Dan Margolis, Century Capital
03:15These three small firms all knew exactly when to buy and when to sell the stock
03:20They had inside information, you must get pings like that every day
03:23We do
03:24So, get them talking and find them
03:26It's bigger than that
03:28All three firms have links to Bobby Axelrod
03:37Bobby fucking Axelrod, man of the people
03:42You only have that exact look on your face when you're here
03:45The pizza's just really fucking good
03:47Take a bite
03:52Mmm, it's good
03:54Good
03:55That is a thing of beauty
03:56That's why we lived in here when we were kids
03:58Hey, Ike
04:00I don't usually open for breakfast, guys
04:02You want another?
04:04I do
04:06We want them all
04:09All?
04:12I wanna come in with you
04:14Partner up
04:16The fuck did you tell him, kid?
04:19I don't want no charity
04:20Look, all I told him was the truth, Bruno, okay?
04:22That I got a call from a guy who said he was coming in here with a falafel shop
04:25And what I contracted to rebuild
04:26And when I asked you about it
04:28You said that you were getting squeezed by a new landlord
04:30And when I got that call, I made a couple calls of my own
04:33Falafel shop goes in the mall
04:34We lock you in on a 20-year lease
04:37And I cover the overage
04:39I don't know, Bobby
04:40Come on, what is there to know?
04:42You let me slide for weeks without paying
04:44When I was coming in here every day after school
04:46That was just cause you were a good customer
04:47Which I wanna keep being
04:50Nothing changes
04:58Thank you
04:59Thank you
05:01I'd love to tell you
05:02I know you grew up to become what you did
05:04But
05:05To be honest
05:07I had no idea
05:08That makes two of us
05:10Come on
05:22Bobby
05:23We are ready to roll on something sweet
05:25I think you wanna piggyback
05:26What you got?
05:27Lumatherm Power getting bought by Electric Sun
05:29Price is 41
05:30Stocks trading at 35
05:31We're looking at a 17% bump in two weeks when the deal closes
05:34Annualized, that's 440
05:36I'd love to size up
05:36Maybe you buy 2 million shares from the main fund
05:39Sounds about right
05:40Great
05:41Scott Kazowitz's name is being floated as the new chairman
05:44Kazowitz
05:46That's a new piece of information
05:47That's what you pay me for
05:49Who said this deal is gonna close?
05:50Ben said it would this morning
05:51Me?
05:53Everyone's saying it
05:53Who is this?
05:55My new analyst
05:56Well, if we hired you, you must be a genius
05:59Yale?
06:00Stanford
06:00Then Wharton
06:01Okay, Stanford Wharton
06:03Electric Sun is controlled by Kazowitz
06:05He also owns 19.3% of Lumatherm
06:07Backdoored through his stake in Southern Wind
06:10You see that block trade last Thursday come out of Merrill?
06:12Yeah
06:13That was Fortress cashing out their shorts before the merger
06:16Wasn't it?
06:17Trade was a 12.52 when everyone was at lunch
06:19Which tells me they wanted it to be missed
06:21You guys caught it
06:22Which is something I guess
06:23But you're looking at it backward
06:25Electric Sun's offer was just a ploy to temporarily prop up Lumatherm
06:29Typical Kazowitz play to bail on a loser
06:31He's an animal
06:32The block trade was Kazowitz getting out of Southern Wind
06:34Getting out of Lumatherm
06:36He wrote the story, now he's out
06:38Which means you need to be out
06:39In fact, short
06:40It'll slide to 32 and change after word breaks
06:43Wow
06:45That's a good catch, Axe
06:49My cholesterol's high enough
06:51Don't butter my ass, Danzig
06:52Just get smarter
06:55Your read was good with the information you had
06:57You're new
06:58You'll figure it out
07:00Or you'll be gone
07:03Jesus Christ
07:04Yeah
07:05And he went to Hofstra
07:08This is big
07:10It's criminal
07:11And I want to be a part of treeing Bobby Axelrod
07:14Hey, I want to be an astronaut
07:15But, you know
07:16I get airsick in choppy weather
07:18Your burden of proof is lower
07:20They'll talk to you because they're happy to pay a fine and move on
07:24I'm at the cold face
07:25And I really don't appreciate you strolling in here
07:28And telling me how to deploy my resources because you can't build your own fucking case
07:33I get it, you guys are rock stars
07:34We get it, you want to be one too
07:36None of that matters
07:37Uh, Spiros
07:38If you've locked onto some trail of breadcrumbs that leads to Bobby Axelrod
07:42That could be a win for everyone
07:43So, leave your stuff
07:45We'll take a look
07:46And we'll let you know if it rises to the level that we can prosecute
07:50One that won't be reversed on appeal
07:51You know, I understand the source of your reluctance
07:55I have a wife too
07:58But it's your job to...
08:00I got your answer
08:01We're done
08:29I loved and remember
08:31each and every one of your fathers.
08:33So I'm proud of all of you
08:35who are ready to head off to school in the fall.
08:3826 of ours put through college
08:40by the Memorial Foundation so far
08:42in this year's group.
08:44So let's bring them up.
08:45Let's give them a round of applause for their achievement.
08:47Freddie Aquifino, off the Duke.
08:54Freddie, Freddie.
08:56I traded shoulder to shoulder with your father.
08:59He'd be so proud of you today.
09:03First year's tuition and board.
09:05All right, come here.
09:10That's what this is all about, guys.
09:12Not only how our firm survived 9-11,
09:15but how we didn't give up.
09:17How we committed to each other,
09:18to our family.
09:21And I am so moved
09:22by how we've all flourished together.
09:24Some flourishing more than others.
09:28It's just wrong
09:30that you're the one standing there.
09:32All right, that's enough.
09:33No, no, it's okay.
09:34June.
09:37I'd feel the same way.
09:39I get it.
09:40You gotta be thinking,
09:41why was he spared?
09:43Why is my husband gone?
09:45For months after the plane's hit,
09:47all I could do was ask myself why.
09:50Why was I the only surviving partner?
09:52Why wasn't I there?
09:53Could I have done something?
09:55Why was I the only one out of the office
09:56on meetings that morning?
10:00We'll never know.
10:03So I made up my own why.
10:07Because of you.
10:10You put it all on your back, Bobby.
10:14Am I the greatest guy in the world?
10:16Hell no.
10:17I just did what I knew
10:19the partners and friends I'd lost
10:20would have done for my family.
10:23What your husband would have done, June.
10:27And you know I'm sorry.
10:35Because I miss Rake every day.
10:40Just as my beautiful wife, Lara,
10:43misses her heroic brother, Dean.
10:50Bobby Axelrod is Mike Tyson
10:52in his prime.
10:54And you do not want Mike Tyson
10:56in his prime.
10:57Remember what happened
10:58to the guys who fought him then?
10:59Yeah, they got their faces pushed in.
11:00But eventually he got beat.
11:02Buster Douglas knocked him
11:03on his ass.
11:03Right.
11:03Catch up?
11:05Eventually is the key word
11:06when Tyson was ready to go.
11:09Since my appointment,
11:10this office is undefeated
11:11in financial prosecutions.
11:1381 and 0.
11:14And that's because
11:14I know when the time is right.
11:16I get it, but no.
11:18This would be a big one.
11:20Brian, what do you think
11:21happened there this morning?
11:23We got significant information.
11:24Maybe.
11:25Or maybe it was Spiros
11:27setting us up.
11:29No, we go in first
11:30and lose in the criminal action.
11:32Spiros and the SEC
11:33can still get him civilly.
11:35We win.
11:36Spiros wins.
11:37We lose.
11:38Spiros still fucking wins.
11:40Yeah.
11:41Ketchup's empty.
11:41We've got to be playing
11:43three-dimensional chess.
11:46Axe is a folk hero
11:48in this town.
11:49The guy gave the
11:49New York City Firefighters
11:50Foundation
11:51a hundred million dollars
11:53last year.
11:53Police gave him a plaque
11:54at Ground Zero
11:55with his goddamn name on it.
11:57Spiros's name
11:57wasn't all the highway signs, too.
11:59Signs come down.
12:01That's why I love you, man.
12:03But a good matador
12:04doesn't try to kill
12:06a fresh bull.
12:08You wait until
12:09he's been stuck
12:10a few times.
12:13We need an opening,
12:14however small.
12:15Then we get the guy
12:17the moment
12:17that he's gettable,
12:18just like the others,
12:19but not if there's
12:20a chance we lose.
12:24What about
12:25the other issue?
12:28The thing
12:28Spiros mentioned,
12:29home.
12:32Was he right about that?
12:35No.
12:45I'm sorry.
12:46I'm sorry.
12:46I don't...
12:47You know what?
12:48It's a tough day
12:48for everyone.
12:52I just had to sell
12:53the Oceanus.
12:57Rake just loved that boat.
12:59I'm sure that's why
13:00it upset you.
13:01You know me,
13:02I never set foot on a yacht
13:03until I started dating Bobby.
13:05In Inwood growing up,
13:07the only boating we ever did
13:08was a Staten Island ferry.
13:11Big Irish family,
13:12five sibs.
13:13Close, though.
13:15Firemen, cops, nurses.
13:18Then when I moved up here,
13:20this world,
13:22I saw everyone looked at me.
13:24I never judged.
13:26Of course not.
13:29So I got my act together,
13:31and I'm comfortable in this life.
13:34But certain things you learn
13:35in Inwood,
13:36they never leave you.
13:37You know,
13:38you know, like the idea
13:38that if someone has a problem
13:39with you and they come
13:40to you in person,
13:41you do what you can
13:42to take care of it.
13:43But,
13:44they take that beef public.
13:46The ground just falls out
13:48from beneath them
13:48where I'm from.
13:50You find yourself all alone.
13:54Are you threatening me?
13:57You're fucking right I am.
13:59It's how I grew up.
14:07Excuse me, sir?
14:08Yes?
14:09I may be speaking out of turn.
14:10I probably shouldn't have
14:11even been in the room
14:12where Axelrod was discussed,
14:13but you know that Norton
14:14plays out at the beach?
14:15Why would we?
14:16Not you, the U.S. attorney.
14:17His father's house
14:17is around the general.
14:18Yes, I know the house.
14:19What?
14:19I just heard Bobby Axelrod
14:20is trying to buy it.
14:31Where did you hear that?
14:33Corey Clark's cousin
14:33works for the realtor
14:34and mentioned it.
14:35How much?
14:3683 million.
14:37Really?
14:38That would be widely reported.
14:40Widely.
14:41People hate guys
14:42who buy things like that.
14:56I just lost my mojo
14:58somewhere along the line.
15:00It's fucking gone.
15:02And you're Mrs. Mojo,
15:04so I booked the appointment.
15:05It's Dr. Mojo.
15:08Right.
15:10I hear it happens
15:11to guys my age.
15:13Maybe I'm depressed.
15:14Maybe I should try some
15:17Prozac effects or...
15:19Uh-huh, we'll get to that.
15:20Now,
15:21have you been eating,
15:22sleeping, exercising?
15:23Yeah, more or less.
15:25Maybe not so much
15:26with the sleeping.
15:28And things with your wife?
15:30Okay, mostly.
15:31Sex?
15:32Normal.
15:34I've been married 10 years, so...
15:36So down to just once a day.
15:38So,
15:39that's really just the book.
15:41I'm down 4%.
15:42Year to date.
15:46Everyone else is up
15:47double digits.
15:49I'm down.
15:51I'm fucked.
15:52You don't need meds.
15:55You're just listening
15:56to the wrong voice.
15:58You're tuned in
15:58to the one yelling at you
15:59over the loudspeaker
16:00that you're fucking stupid
16:01and your performance blows
16:03and you're ignoring
16:05the quiet one inside
16:07telling you where
16:08the alpha is.
16:10Now, that's the voice
16:11that got you here.
16:14And it's still there
16:15if you're willing to listen.
16:18What's that voice
16:19telling you?
16:22That even though
16:23I've stiffed a few
16:24that I'm pretty damn good.
16:26Uh-uh.
16:27Stand up.
16:29Stand up.
16:32What'd you take down
16:33last year?
16:347.2 million.
16:357.2 million.
16:407.2 million.
16:42Feel that.
16:447.2 million.
16:46Bring it close.
16:497.2 million.
16:50So what's it saying?
16:52That I'm awesome.
16:53There you go.
16:53And what does it have to say back
16:55to that loud, critical voice?
16:58It's saying,
16:58fuck you.
16:59Good.
17:00Sit down.
17:04Now,
17:04I want you to go back
17:05to your Bloomberg
17:06and cut bait on your losers.
17:08You know the ones,
17:09the ones you've been defending,
17:10hoping they'll come around,
17:11but secretly,
17:11you know, never will.
17:12I want you to just commit
17:14that you're in it
17:15for the long haul,
17:16that you will succeed.
17:18And once you do that,
17:19the new idea is the winners
17:21will present themselves
17:22because you are a winner.
17:25You're in the special forces here.
17:26You are a Navy SEAL.
17:29And there's a reason for that.
17:30Did the SEALs make a mistake
17:32signing you up?
17:33No.
17:33They did not.
17:34The SEALs don't make mistakes.
17:38So get out there
17:40and do what needs to be done.
17:44We have to stop here.
18:08Hello, guys.
18:09Daddy!
18:10How are you?
18:11How was school?
18:12What did you get up to?
18:13It was boring.
18:14Boring, fantastic.
18:15Money well spent.
18:16Let's go off after dinner, okay?
18:19Hey, Meg.
18:20Hey, honey.
18:22What are you working on?
18:23Just session notes.
18:26Wall-to-wall edible complexes,
18:28making them all go limp.
18:30You have an amazing
18:31understanding of people.
18:32What are you drinking here?
18:33The usual.
18:35How's crime fighting?
18:37The usual.
18:47You good with your situation?
18:50I know you said you might have been
18:51feeling bored a while back.
18:54It's not exactly what I said.
18:57You said, uh,
18:59you weren't sure
19:00if you were still growing.
19:02What's this about?
19:04I was talking to the head
19:05counsel at GE
19:05and they're looking
19:06for a new head of HR.
19:08I can put in the word
19:09if you want it.
19:13Is there some reason
19:15I can't keep doing my job?
19:18No.
19:18What do you mean?
19:21Heard about a position,
19:22so I presented it.
19:25Don't you get enough
19:25of moving the pieces
19:26around the board at work?
19:27Okay.
19:28You don't want to hear
19:28about opportunities?
19:29Fine.
19:30Are you prosecuting
19:31somebody at Axe?
19:32What's going on, Chuck?
19:33First off, no.
19:35And second, you know
19:36that we don't discuss that.
19:38So quit your fucking job.
19:46Hey, Cavill,
19:46you take your sister upstairs
19:47and start the bath.
19:49I'll be up in a minute, okay?
19:54Take it easy, okay?
19:56I'm the goddamn
19:57U.S. attorney, Wendy.
19:58So?
19:59Well, I've been working there
20:00since before we were married
20:01and long before
20:01you were in office.
20:03Look,
20:05not that we're there,
20:06but we did always discuss
20:08that the day might come
20:09when there was conflict.
20:10That was before I was making
20:11eight times what you make.
20:12And before you started making
20:14Chuck Senior plays like this.
20:15Leave him out of it, okay?
20:19And who makes more money, really?
20:21Is this what we're teaching the kids?
20:22Oh, are we teaching them
20:23that Daddy's job
20:24is always more important
20:24than Mommy's?
20:25I work for the public good.
20:26No, you work for the good
20:28of Chuck Rhodes.
20:29Maybe sometimes they intersect.
20:31Oh, my God.
20:32Would you turn off
20:33your fucking shrink switch?
20:39Let's take this down a notch.
20:44Yeah.
20:47I just,
20:48I don't know where all this
20:49is coming from,
20:49and you know I don't like
20:50to be a manipulator.
20:51I'm not manipulating you.
20:52Not that that's what
20:52you were doing,
20:53but that's what I felt like.
20:56And of course your job's important.
20:58You're a superhero.
21:05And I'm super proud of you.
21:08But my thing matters to me, too.
21:10Of course.
21:13You're killing it.
21:27Whoa, whoa, whoa.
21:28Watch there, Elmo.
21:29No.
21:30Get down, boy.
21:31Easy, big guy.
21:32Aw, let him be.
21:33Hey, let him be.
21:34Let him be.
21:35It's okay.
21:35Let him go free.
21:38He's alive,
21:39by that one.
21:39Oh, yeah.
21:40He chewed up a custom sofa.
21:41We've got to calm him down.
21:42Send him to a BD in school.
21:44He's going to the vet
21:44to get fixed.
21:46Enjoy, guys.
21:47All right, boys.
21:48What do we say to Chef Ryan?
21:53Boys, boys, look.
21:54Look, look at this.
21:55Look, look.
21:55He's marking his territory.
21:57He's peeing on the furniture.
21:59Yeah, yeah.
21:59But he's showing Ryan
22:00who's boss.
22:01That's why it's called
22:02a pissing contest
22:03when two men
22:03try and stake out their turf.
22:05I don't love it
22:05when men do that either.
22:07Elmo, outside, now.
22:08Come on, you poor guy.
22:11Dean, seventh president.
22:13Hint?
22:14Two after Monroe.
22:15Jackson.
22:16Andrew Jackson.
22:17Gordy, where was you from?
22:19Let's talk Yankees.
22:20Because you don't know.
22:21Don't switch the subject.
22:22I do know.
22:24Prove it.
22:25Seattle?
22:26There was no Seattle
22:27back then, idiot.
22:28I bet I'll get it
22:29on the next guest.
22:30Bet you don't.
22:30How much?
22:31Ten push-ups.
22:32Deal.
22:33Border areas
22:34near the Carolinas.
22:37You can't fall for that
22:38every time, Dean.
22:39See, he knows his customer
22:41and he sets you up.
22:42He's willing to look foolish
22:43short-term
22:44to win long-term.
22:45You've got to remember that.
22:47And Gordy,
22:48don't suck at your brother.
22:50All right, come on.
22:51Pay your bet.
22:52We don't Welsh.
22:55See what you got.
22:59One.
22:59One.
23:00One.
23:00Two.
23:02Three.
23:27Sir, the leniency conference
23:28starts in ten minutes.
23:35Afternoon.
23:38Thank you for agreeing
23:40to see us.
23:41What the fuck
23:41are you doing here, Dad?
23:43Trying to get me disbarred?
23:44Christ, you're more dramatic
23:45than your mother.
23:47We are not breaking
23:48any rules or regulations.
23:50Mr. Rhodes is not being
23:51compensated to appear here.
23:53Oh, I know how careful he is.
23:55And why you brought him.
23:56But believe me,
23:57it's already backfired.
23:58Hear us out.
24:01Skip knows that he did wrong.
24:02Now that he's been convicted, sure.
24:04But when he had a chance
24:05to plead out...
24:06That's the past.
24:07And right now,
24:08we are trying to set something up
24:09that will allow Skip
24:11to show his rehabilitation
24:13and for him to contribute
24:15to society.
24:17By what?
24:18Oh, I know.
24:19Uh, paying a bigger fine
24:20in exchange for
24:21reduced jail time.
24:23And what are we talking about?
24:25Uh, five million?
24:27We were going to suggest
24:28ten in exchange
24:29for house arrest.
24:30Which represents
24:30a far more reasonable
24:31settlement than...
24:32Mm-hmm.
24:33Yeah, so that way,
24:34instead of worrying about
24:35actually going to prison,
24:37you can get right
24:38to doing charitable works
24:39and warning your buddies
24:40about the pitfalls
24:40of being a bad actor.
24:42Exactly.
24:43Yeah.
24:44This is Skip.
24:46And it is a fair offense.
24:48Yeah, yeah.
24:48Sounds reasonable.
24:52And it's the type of deal
24:53that has been made
24:54in this library
24:57countless times.
25:04By my predecessors.
25:07But not by me.
25:10You don't buy your way
25:11out of justice here.
25:13You thought because of our history,
25:15bringing my father,
25:16this would afford you
25:17some kind of a fucking courtesy.
25:18No.
25:19He volunteered.
25:20Well, you all miscalculated.
25:23Badly.
25:26Now, instead of using my father,
25:28you should have emulated him
25:29and built your fortune
25:30without crossing the line.
25:32You didn't.
25:33So now your cronies
25:35are going to see
25:35that they better not trade
25:36on inside information
25:37or abuse their positions
25:39or they're going to end up like you.
25:41Broke.
25:42Humiliated.
25:42and incarcerated
25:45as per the law.
25:48I am not prepared for this.
25:53I can't.
25:57Please.
25:59Chuck.
26:01You know I am not a bad man.
26:04I can't.
26:06This was to be about leniency.
26:08Have some mercy.
26:10Ha!
26:11Ha!
26:12Ha!
26:12Ha!
26:12My father always told me
26:13that, uh, mercy was a word
26:15that pussies used
26:16when they couldn't take the pain.
26:20I love you, Dad.
26:23But if you walk into my office
26:24and try to use your influence again,
26:26you are going to walk out of here
26:27in handcuffs.
26:35Mr. Wolkowski.
26:42Skip.
26:45I've known you since I was a boy.
26:47I remember you and my dad
26:49exchanging sets on the tennis court
26:51out east.
26:53I never wanted to see you like this.
26:55I never wanted you to.
26:57Yeah, but here we are.
27:00So please hear this.
27:01I know that you have the strength
27:03to get through it
27:06and come out the other side
27:07a better man.
27:10I wish you well.
27:30Come on.
27:31Hey.
27:32Hey, Wax.
27:35Really?
27:36Here?
27:36They were going to obliterate each other
27:38on Superior Auto.
27:39Has to be your call.
27:45We've got to stay long, Superior.
27:47We should increase our position.
27:49I think.
27:50You think?
27:51Aluminum wheels
27:52for cars and light-duty trucks
27:54have totally replaced steel
27:56and the numbers out of the factory
27:58are telling me
27:58Superior is producing the shit out of them.
28:01Dollar Bill,
28:02what does the cheapest man in America think?
28:04That the pouch is wrong.
28:06Numbers out of the factory
28:07tell me
28:07that they overproduced this quarter
28:09and they're stuck with merch
28:09they can't move
28:10and the stock's going to dip.
28:12Short.
28:13What's your level of certainty?
28:16What's your level of certainty?
28:37I am not uncertain.
28:42We're done here.
28:44Why didn't you tell me you were certain?
28:46Why would I?
28:48Do your own fucking work.
28:49Okay, come on!
28:51Anytime you can disrupt
28:52a criminal enterprise
28:54that's a good result
28:55and that is what happened here.
28:58once again
28:59over 400 kilos of cocaine
29:02dozens of weapons seized
29:032.8 million
29:05off the streets
29:07in this takedown.
29:08All defendants
29:09have been indicted
29:10and are also
29:11off the streets.
29:12Mr. Rose!
29:14All right, thanks guys.
29:15You're proud about
29:15small-time convictions
29:16of small-time players.
29:17Hey, hey, hey, that's enough.
29:18Uneducated minorities
29:19with limited options.
29:20That's enough.
29:20What about the hundreds of millions
29:21billions in fraudulent gains
29:23in the financial sector?
29:25Why aren't you prosecuting
29:26the investment banks
29:27and hedge funds
29:28for insider trading?
29:30You're bragging about
29:31netting minnows
29:32but you won't touch
29:33a firm like Axe Capital.
29:38My office is soft
29:40on financial crime.
29:42Go ask the 81 convicted felons
29:45of financial crimes
29:45currently serving time.
29:47But you have a very specific
29:48conflict of interest
29:49right in your own home.
29:50Growing up, I saw
29:52firsthand
29:52the corrosive power
29:54that big business can have
29:55and I am determined
29:57to check that.
29:59Take Skip Wolkowska.
30:01Now, he has
30:03many influential friends
30:04but their entreaties
30:06on his behalf
30:07were not entertained.
30:08As your own paper reported,
30:10Mr. Wolkowska
30:11will serve
30:11his full sentence
30:13effective
30:13immediately.
30:15That's all the time
30:15I really have.
30:16Thanks.
30:18Call out the fucking journal
30:19and with the blind-sighted
30:20questions.
30:20What's that supposed to?
30:32That guy you know
30:33over at Skadden
30:34on Axe's team?
30:35Yeah, Oren Bach.
30:36He was my law professor.
30:37Yeah, get with him.
30:37And tell him
30:38to tell Axe
30:39not to buy that house.
30:41Not to buy...
30:43Nice.
30:46I need Spiros
30:47at the SEC.
30:55Spiros.
30:56Do you know the story
30:57about the mouse
30:58that starts roaring
30:58like a lion?
31:00No.
31:01It doesn't end well
31:02for the goddamn mouse.
31:04Do the people
31:04you work with
31:05pretend they're impressed
31:06when you speak in riddles
31:07like some kung fu instructor
31:09from the movies?
31:10Let me be direct.
31:11I know you sent
31:12that reporter in
31:13to ask about Axe Capital.
31:17Why would I do that?
31:19We're on the same side.
31:20You're on your side.
31:22I'm on mine.
31:23Well, we can both benefit.
31:25Besides,
31:26it's the right thing to do.
31:27Spiros,
31:27you wouldn't know
31:28the right thing to do
31:28if it kneeled down
31:29and sucked
31:30your tiny goddamn cock!
31:32You pull any shit
31:33like that again
31:34and I will lose
31:35holy fucking hell on you!
31:48So this is how a man
31:49with no conscience
31:50spends his time.
31:52It's how a grown-up does.
31:54I remember
31:55when you were my professor
31:56you told us
31:57a lawyer's calling
31:59was beyond mere recompense.
32:00It was to serve
32:01the spirit of the law
32:02regardless of gain.
32:03Yeah.
32:04It is.
32:05Until it's not.
32:08What?
32:09You'll see.
32:10Once you sell out
32:11and play for the defense too.
32:13I found my calling.
32:14Okay,
32:15clawed dancer.
32:16One day you'll be
32:17coming to me
32:18just like this
32:18asking for a job.
32:20The good news is this.
32:22When you get out of there
32:23you're starting
32:24at 1-4 easy.
32:27Nail a few headline cases
32:291-7.
32:29Better news?
32:31I'll hire you.
32:32I'm staying.
32:34No, you're not.
32:35Speaking of headlines
32:36is this shit
32:37we're hearing
32:37about the beach house
32:38real?
32:38Because that's
32:39a headline
32:39you don't want.
32:40Since when's a rich guy
32:41buying a house illegal?
32:42There's the way things look
32:43and the way things are.
32:44You taught me that.
32:45It's like he's slapping
32:46my guy in the face
32:47with a white glove.
32:48You know what happens next.
32:49If there were any doubt
32:50we'd tie him to his chair.
32:53World's full of snipers.
32:55But Bobby runs
32:55a clean shop.
32:56So he just keeps
32:57a top defense firm
32:58on retainer
32:59at 800 an hour
32:59because he loves lawyers.
33:00Must be.
33:01And we're 1,000 an hour.
33:09There's nothing there.
33:12Like Warren Buffett says
33:14you put a police car
33:16on anyone's tail
33:17for 500 miles
33:18he's gonna get a ticket.
33:28Hey, come in.
33:31Bite?
33:33God, no.
33:35I'm glad you came in.
33:37I was gonna come see you.
33:39About?
33:41A purchase I'm considering.
33:43An impulse purchase?
33:44Naturally.
33:45Sizeable.
33:47I'm guessing it's something
33:48you may not even
33:49particularly need.
33:51People are saying
33:52if I do
33:52it'll unleash the hounds.
33:54Which makes me
33:55want it even more.
33:57It's good.
33:58Back when we started
33:59you wouldn't have been able
33:59to recognize the motivation
34:01until long after
34:02you'd bought it.
34:02Well, back when we started
34:03I was just rich
34:04not super rich.
34:07You know,
34:08being a billionaire
34:12I never get to talk
34:13about this with anyone
34:13because who's
34:15gonna give a shit
34:15but being a billionaire
34:16when you walk
34:17into a room
34:18it's like being a woman
34:19with a perfect set of tits
34:22or great legs
34:23or eyes like yours.
34:26You know exactly
34:27what everyone's looking at
34:28you know exactly
34:28what they want.
34:31You know what that's like.
34:33Okay, player.
34:36Identifying the fact
34:36that buying can be
34:37a surrogate for power
34:38and that outside authority
34:39isn't something
34:40you do well
34:41this is progress.
34:43You've come a long way
34:43since we started.
34:45I guess.
34:46Considering when we started
34:47I was staggering around
34:49crying along with
34:50the half of us
34:51still breathing.
34:54knowing isn't enough
34:56you've got to
34:56exercise control
34:57don't get into
34:58a bitch fight
34:59over nothing
35:00don't buy it.
35:05You nailed
35:06Lumathern Power
35:07deal crumbled
35:08I covered it
35:0831-19.
35:10Nice.
35:11You said 32-ish
35:12but I saw
35:12it was going even further
35:13so I waited.
35:14Whoa, living dangerously.
35:15All right, good job.
35:17You just made us
35:18another 18 million.
35:20Yeah.
35:22Thanks.
35:26We got sidetracked.
35:29You came to me.
35:38You're thinking about leaving.
35:41Well, it's
35:43crossed my mind.
35:46Is this about comp?
35:48No.
35:49God, no.
35:50You've always made that
35:51clear.
35:52I'm
35:53better paid
35:54than anyone
35:54in my med school class
35:55except the guy
35:56who invented
35:57the synthetic bladder.
35:58I'll short his company
35:59and give some speeches
36:00chopping down his side.
36:01It's not about comp.
36:07But it is about
36:08value.
36:10Mine
36:11and growth
36:12as in whether
36:12I'm still
36:14growing.
36:15I love this place
36:16but I do miss
36:18seeing more than
36:18a handful of other patients.
36:21At-risk adolescents,
36:22women in crisis.
36:23You know,
36:24using those other muscles.
36:26Where's this coming from?
36:29It's been on my mind.
36:34Your value to the firm
36:35is absolute.
36:37You just
36:38saved me
36:39from making
36:39a huge mistake
36:40for dick measuring purposes.
36:43So let's do this.
36:47Spend as much time
36:48away from here
36:49as you want.
36:50See other patients
36:51outside.
36:54But stick with me.
37:26Hey, Mom.
37:26Hello, dear.
37:27I hear you've been
37:28very busy.
37:29Yeah.
37:29He's in the den.
37:30Okay.
37:41What the hell
37:42was that stunt?
37:44Skip Wolkowski's
37:45an old friend.
37:45He asked for help.
37:46I didn't want to refuse.
37:49But I was 90% sure
37:51you'd react
37:52the way you did.
37:53It's a win
37:54any way you look at it.
37:56How is that a win?
37:58I knew that Skip's lawyer
38:00would spread it
38:01or land in the news.
38:02And if you treat me that way,
38:05they'll all fear you.
38:07That's what you need right now.
38:09To be seen as tough
38:10on Wall Street.
38:11Hmm.
38:13Some audible to call.
38:15You're welcome.
38:17Now listen.
38:18You didn't smile enough
38:20during the presser
38:21to let them get to you.
38:23You're right.
38:24And I didn't like
38:25that question
38:25about Axe Capital.
38:27What prompted that?
38:27Spiros planted it.
38:29SEC wants me
38:30to move on Axe.
38:32Difficult to convict
38:33a popular man.
38:34Yes, I know.
38:35Well, if you move on him
38:36and take that risk,
38:38you have to get the reward.
38:40You can let the SEC
38:41do the mopping up,
38:42collect their fines,
38:44but they can't be seen
38:46as leading it.
38:47Hmm.
38:47A lot of people
38:48have Axelrod's
38:49back in this city.
38:50He's made them
38:50a lot of money.
38:52And you know the line
38:53if you're going to
38:53strike against the king.
38:54The king is house shopping
38:56right now.
38:57Prime beachfront heritage
38:58hasn't even come
38:59on market yet.
39:01That's a mistake.
39:03A conspicuous buy
39:05like that.
39:06In the news?
39:09He goes from a billionaire
39:10that you can pull for
39:11to just another rich asshole.
39:13If he turns the populace
39:14against him,
39:15he gives his edge to you.
39:17I passed word
39:18that he shouldn't buy it.
39:22If he's innocent,
39:24he passes.
39:25Because he's a disciplined player
39:27and he knows
39:27that's the disciplined move.
39:30But a guilty man,
39:32he buys that house
39:33to show me
39:34he's got nothing to hide.
39:37Smart.
39:39Maybe I could have a friend
39:40make a bid.
39:41Get the competitive juices flowing.
39:44I like that.
39:45Roger could always
39:46use a new house.
39:47And I know
39:48Denny Dantone
39:49is actively looking.
39:53You guys know
39:54I only drag food
39:55into this room
39:55for the Super Bowl.
39:57Come on, Charles.
39:57I made the pot pies.
39:59I should have some time
39:59with my son.
40:00We'll be right there.
40:04Your mother,
40:05that's a loyal woman.
40:06Don't.
40:08I'm just saying
40:09that your mother
40:09would never let her job
40:11interfere.
40:11She never left the kitchen,
40:13Dad.
40:14That's what you wanted
40:15in a wife,
40:15not me.
40:16Still,
40:16Wendy's making things
40:18difficult for you.
40:18Why is she still working?
40:20We've started to discuss it.
40:22Legally,
40:22there's no conflict yet.
40:24She'll do the right thing.
40:26I better hope so, son.
40:30Danny fucking Margolis,
40:32what brings you back?
40:33When I saw you
40:34at Sun Valley,
40:35you said you were happy
40:36as a clam and shit
40:36at Century.
40:37Well,
40:38I am.
40:39I was.
40:40I mean,
40:41you know how it is.
40:42Things are good there.
40:44I like Jerry,
40:45but I miss the family.
40:46Well,
40:46you had to go in
40:46on your own
40:47with a bigger chunk
40:47of the pie.
40:48Yeah,
40:49true.
40:50Place looks great,
40:51by the way.
40:54Is that your
40:54rolling art out front?
40:56The Lambo?
40:59No.
41:01I like to sit tall
41:02in the seat.
41:03Look,
41:04I have some ideas,
41:05and I'd love
41:06to share them with you.
41:07I'd love to hear them.
41:09Come to the next dinner.
41:10We'll bang some steaks,
41:11talk some concepts.
41:12Yeah,
41:12yeah,
41:13okay,
41:13but I was just hoping
41:13that maybe,
41:14you know,
41:14No,
41:14I know what you were hoping.
41:17Doors always open.
41:20Yeah,
41:21yeah,
41:21that's cool,
41:21Bobby.
41:21Yeah,
41:21I will.
41:24Take care.
41:24I will.
41:25No.
41:38No.
41:41No.
41:42No.
41:44No.
41:45No.
41:47No.
41:47No.
41:49No.
42:01Hal, I need to see you.
42:16This is cozy.
42:18It's secure.
42:20I checked with my sources in Washington.
42:22There's no case filed against you, but Dan Margolis was arrested.
42:26He was released on his lawyer's recognizance, and his arraignment's currently on hold.
42:31Which tells you what?
42:32That he's cooperating.
42:36You hear it okay?
42:37How the hell did you know?
42:39He was making too much eye contact.
42:41Barely blinked.
42:42And his pulse was hammering like he was running a marathon.
42:44You were smart to stay quiet.
42:47Look, the SEC isn't the thing.
42:49Finds a part of life.
42:50The attack you have to worry about is the U.S. attorneys.
42:53Now here's what you're gonna do.
42:55One, that reporter from the journal, the one who was asking about you, he needs to be handled.
43:01I would do it myself, but then he's out of the game.
43:03No value added.
43:04Better if you make him your best friend.
43:07And two, remember, you don't have to out-swim the shark.
43:12You just have to out-swim the guy you're scuba diving with.
43:15You want me to do that?
43:16You remember that night in Reykjavik?
43:18Wish I didn't, but I do.
43:19You said there was only one thing you were afraid of.
43:24Windbreakers.
43:24Guys in windbreakers walking in your office saying step away from the computer.
43:28And you told me you'd make sure it wouldn't happen.
43:30So let me make sure.
43:34Look there.
43:38Steven Birch?
43:39It's either him or you.
43:42Memorize that.
43:47Well, if it's gonna be someone, it may as well be that fraud.
43:50We're sharing the stage at the Delivering Alpha conference this week.
43:56He acts like he's my best friend despite shorts squeezing me on HMOs last year.
44:01So do it.
44:07Hall.
44:10Wendy Rhodes tried to quit today.
44:14We've been fighting back-to-back in the trenches for 15 years.
44:17But today she tried to quit.
44:20Still trust her?
44:22I want to.
44:29I didn't know this place was open for lunch.
44:31It's not.
44:33Thanks, Tony.
44:33My pleasure, Miss Exerot.
44:36We're off the record.
44:37If you fuck me, I never talk to you again.
44:39Got it.
44:40Good.
44:41If you ever want to come here, just call me.
44:45Now, why was my name coming out of your mouth at a press conference?
44:47Hey, that was before you asked me to lunch.
44:51Jump in.
44:53Let's talk about those kids you put through college.
44:55That's the one question that gets me walking away from the table.
44:58It's between them and me.
44:59I don't talk about it with anyone else.
45:08One of the deep.
45:11What's next?
45:12Softball.
45:13Underhand.
45:14Give me some insight into how you process information.
45:16The press acts like information is a dirty word.
45:19Everyone has access to the information.
45:21We just know how to analyze it better.
45:24And you answer me one.
45:26When did it become a crime to succeed in this country?
45:29America used to salute the guy in the limousine.
45:31They wanted to be the guy in the limousine.
45:33They still want to.
45:34But now they throw eggs at it.
45:35I only ever went egging once.
45:38Biggest house in the neighborhood, and they never gave out any candy, so they deserved it.
45:43We destroyed that place.
45:44Once?
45:45You're an halter boy.
45:46That was every Halloween for me.
45:48You're from around here, right?
45:50Yeah, Grand Concourse.
45:51Fenway Plains.
45:52Yeah, me too.
45:53Well, Yonkers, but it wasn't nice back then.
45:54Hey, man, Yonkers used to be a place where you could really get your ass kicked.
45:59You're a good kid for a fucking hack.
46:01And you're a good guy for a bankster.
46:04All right, fuck it.
46:06I wasn't going to give you this, but you're here for a story, and now I like you, so...
46:10Stephen Birch.
46:12Piedmont Capital?
46:13Yeah.
46:14That swap deal he did on Arcadian Railroad?
46:17The timing is very curious.
46:19What kind of swap?
46:20I'm not going to write the article for you.
46:23You do an autopsy on the deal, you'll find yourself a Pulitzer in the carcass.
46:31Here's my cell.
46:34Don't call until the market closes.
46:37No voicemail.
46:39No email.
46:41Understood.
46:43Enjoy your lunch.
46:51How do you respond to the criticism that hedge funds are the scavengers of the financial sector,
46:56and that a select few have undue influence on the markets?
46:59Any public statement you make or position you take can send a stock soaring or falling.
47:04We're not scavengers.
47:06We're white blood cells.
47:07Scrubbing out bad companies, earning for our investors, preventing bubbles.
47:11Excuse me.
47:11A hedge fund like mine is a market regulator.
47:13I want people like Bobby Axelrod on that wall.
47:16I need them on that wall.
47:18Axe makes my life easier by shouting if he sees something.
47:21The moment I let someone in a boardroom or a government office tell me what I can or cannot buy,
47:29I may as well close the shop, and I'm not closing the shop.
47:33Let's touch on the role of the activist investor in today's market.
47:36I'm not just playing for myself.
47:38I'm playing for all shareholders.
47:40Like my good friend Stephen Birch here.
47:42Bobby Axelrod, Stephen Birch, thanks to you both.
47:58That thing we were talking about, they are levered four to one.
48:01When their accounting comes out, it's not going to look pretty, right?
48:04Those fucking guys.
48:06I wasn't told.
48:07I don't know why Brooke saved those seats for them.
48:09I'm going to find him and skin his ex.
48:11Enough.
48:12I'm going to give me that scalp.
48:12You crushed it.
48:14Crushed it.
48:15Let's get out of this rat fuck.
48:19Watch out.
48:20You may buy the building.
48:21It's an A-minus building, needs overhaul.
48:23He doesn't consider anything less than AAA.
48:26Yet he hired you.
48:27Easy, Brian.
48:28You learn anything from my talk?
48:30Volumes.
48:31You stand for mine?
48:32I know your act.
48:35You sending me messages?
48:36Because I'm here.
48:40Well, the kids in my office really thought you might buy that house.
48:44I told them, you got big balls, but not that big.
48:48They're right.
48:49I'll probably pass.
48:52It's so nice, though, you know.
48:54Feels like you're part of the beach and ocean.
48:56And all that air out there?
48:59Shit, you know about it.
49:01Your daddy's got a little place out there.
49:04He must let you use a bedroom some weekends if you say please.
49:07Walk away.
49:09I should.
49:10But then again, what's the point of having fuck you money if you never say fuck you?
49:17Now, you're a smart man.
49:20So, you know when I bring an action, not some county or even state, it's the United States versus.
49:28Now, don't give me a reason.
49:30Well, I know who brings an action.
49:33And I know what you feel about your perfect record, too.
49:36You can't afford a mark in the loss column.
49:40There's a saying in baseball.
49:43Town's fire managers, owners just give them the bad news.
49:47You're the only one running the big money they'd cheer for.
49:51Well, that's because you worked that 9-11 shit for all it's worth.
49:54Fuck yourself.
49:57I have never sent out a single press release, given one interview.
50:01I lost every one of my friends that day.
50:04You've managed to make some new ones since.
50:09But, like I said, they may be cheering now, but believe me, they are dying to boo.
50:18And now, from the other side, the man whose job is to ride herd over the bulls and bears, Chuck
50:25Rhoades.
50:48Yeah.
50:48Denny Danton's coming in with an offer on the Norton House.
50:5262 million, prepared to close in less than a week, I hear.
50:54How the fuck did he see it?
50:56He didn't.
50:56He knew the house.
50:58Then the party's there.
51:00Son of a bitch.
51:11Son of a bitch.
51:13Hey, babe.
51:14Hey, babe.
51:16What the hell's wrong with Elmo?
51:19He went to the vet to get fixed, remember?
51:33The house.
51:34I want it.
51:35Okay.
51:35Let's take a beat.
51:36People are going to say that.
51:37They might.
51:38Offer 63 million cash.
51:41Take it or leave it on the call.
51:43Wire goes up first time.
52:03Yeah.
52:04Mike DeMonda from the Journal.
52:05Sorry to wake you.
52:07I was up.
52:08I'm calling for comment.
52:10On.
52:11Skip Poukalska.
52:12You're a guy that was a guy.
52:12Father's friend committed suicide
52:15No comment
52:48Rough morning
52:54But a reminder like this is useful
52:59What we do has consequences
53:03Intended and, uh, unintended
53:08The decisions we make, the actions we bring
53:10Have weight
53:15I'll have to carry this one
53:18So
53:21Would I have given a break to some drug dealer?
53:24No
53:27So why would I give one
53:28To a businessman?
53:35None of this should change our mission
53:39Come to work every day
53:40And be just and strong in the actions you bring
53:43And don't waver
53:51All right, that's it
53:52Back to work
53:57This will cheer you up
53:58Front fucking page of the post
54:03It's like you staring me
54:19Gotcha!
54:31Do you like it?
54:33I love it.
54:37Hey!
54:43Hull, what do you got?
54:46There's movement.
54:48It's likely they've opened a case file on you.
54:53You know what?
54:54I'm ready.
54:56They could be coming after you.
54:58Fuck them.
55:21You waited up.
55:23I made sure the kids were asleep.
55:26I wanted to see you.
55:32Me too.
55:45It hurts.
55:48I'll bet it does.
55:49All right.
Comments