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00:00:06,767 --> 00:00:09,266
Previously on "Billions"...

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00:00:09,266 --> 00:00:12,433
[Chuck] The key to bagging Axe
is Dollar Bill Stearn.

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00:00:12,433 --> 00:00:14,633
[Kate] Bill Stearn bribed
the Pepsum researcher

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00:00:14,633 --> 00:00:17,633
for proprietary information
for a drug called Vaccarizine.

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00:00:17,633 --> 00:00:19,000
I wanna put him on the rack

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00:00:19,000 --> 00:00:21,367
and stretch him
until he gives us Axe.

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The good news is this --
when you get out of there,

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00:00:23,233 --> 00:00:25,133
you're starting at $1.4, easy.

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00:00:25,133 --> 00:00:28,667
-Better news -- I'll hire you.
-I'm staying.

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[Chuck Sr.] Still, Wendy's

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00:00:29,667 --> 00:00:30,700
making things difficult
for you.

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Why is she still working there?

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We started to discuss it.

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I've been working there
since before we were married

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and long before
you were in office.

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Your value to the firm
is absolute.

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Stick with me.

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[exhales]

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[Bryan] I don't wanna be
out of line,

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00:00:44,200 --> 00:00:46,000
but you might wanna consider
recusing from this case.

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The conflict of interest --
it's gonna be an issue.

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[Wendy] So what's
the minimum investment

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00:00:49,533 --> 00:00:51,000
for family and friends?

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I promised I wouldn't
take any money away from Axe.

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What if he never finds out?

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If they bring an action,

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the whole strategy becomes about
leveraging a settlement.

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I'd never settle.

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[Terri] William Stearn,
you are under arrest...

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Lawyer.

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...for insider trading
and securities fraud.

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-Lawyer.
-You have the right...

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00:01:04,333 --> 00:01:06,133
-Lawyer.
-...to remain silent.

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00:01:12,533 --> 00:01:15,433
♪ theme music ♪

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00:01:26,433 --> 00:01:29,333
[heels clicking]

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00:01:36,667 --> 00:01:40,600
Go on ahead.
Right through there.

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♪ tense music ♪

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Hello?

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[footsteps approach]

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You came.

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Did I have a choice?

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You always have a choice.

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[fabric rustles]

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[robe drops]

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[water splashing]

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Come in.

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[robe drops]

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[water splashing]

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♪♪♪

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[water splashing]

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It's been
a weird couple of days.

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00:03:01,367 --> 00:03:02,567
Yeah.

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♪♪♪

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[car brakes squeal, horn honks]

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[siren wailing in distance]

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♪ tense music ♪

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[horn blares,
sirens continue wailing]

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[clapping]

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00:03:24,767 --> 00:03:27,166
Hello.

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00:03:27,166 --> 00:03:30,133
Did you strike a blow
for justice today, Mr. Rhoades?

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00:03:30,133 --> 00:03:31,533
I do believe we did.

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You organized this

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and then made sure I wasn't
there when it happened.

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You're welcome.

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Did you consider for a second
what that was gonna do to me?

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Should I go?

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-Yes!
-Yes.

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Okay.

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00:03:42,133 --> 00:03:43,400
[purse thuds]

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My name, my absence
when it happened

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00:03:45,400 --> 00:03:47,100
puts me under suspicion
there forever.

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What should I have done?

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Told you so that you could
be there for an arrest?

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And if you had been there,
you'd be even more pissed off.

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You don't think so,
but I know it.

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At least then they wouldn't
think I knew it was coming.

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Oh, they all know
it was coming.

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It's Judgment Day.

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-[scoffs]
-[sighs]

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My office is taking an action,
and there's nothing

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that you or anybody there
can do about it.

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And when that action is
finished, it will be the end.

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There will be nothing left.

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So what they think of you,

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you can see how that
might not matter so much.

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It's my job.

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You're beautiful
and talented,

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and I'm sure
you'll land on your feet.

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Fuck you.

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[grabs purse]

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Get Emi Kenyon back in here!

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[vehicles passing in distance]

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[front door closes]

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[keys jingle]

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Hello?

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[dog barks in distance]

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00:05:00,734 --> 00:05:02,200
[breathes deeply]

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[switch clicks]

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[barking continues in distance]

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Yesterday, this company
came under attack

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by an unscrupulous adversary

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who will stop at nothing

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to abuse
the authority of the state,

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take away our freedoms,

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and close our doors forever.

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[touchscreen clicking]
-[Bobby] And it left us all

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-wondering one thing...
[door beeps, buzzer sounds]

108
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[door opens]
-[Bobby] What happens next?

109
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[door closes]

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[sighs] Dollar Bill Stearn.

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Stingiest multimillionaire
on the planet.

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[files thud]

113
00:05:41,533 --> 00:05:43,633
Better get ready
to pay full price.

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00:05:43,633 --> 00:05:47,367
[chair thuds and slides]

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00:05:47,367 --> 00:05:49,400
Insider trading,
securities fraud,

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00:05:49,400 --> 00:05:52,400
conspiracy, wire fraud.
What are we up to?

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[sighs] Uh,
12-year prison term.

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Mm.

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$9 million fine,

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plus civil when it moves
to SEC.

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Jesus, that's pricey,
and that's just the beginning.

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[Bobby] They came
for Dollar Bill yesterday,

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but it was an attack
on all  of us.

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-[man] Right. Right.
-[man] Yeah.

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-[woman] That's right.
-[man] Yeah.

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-And I feel it. Do you?
-[man] Uh-huh.

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[all] Yeah.

128
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Any one of us could be next.

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We're with you, Bobby!

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-[man] Yeah!
[applause]

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[man whistles]

132
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[applause fades]

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Do you think
this makes me happy, Bill?

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You don't need
to answer that.

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00:06:25,266 --> 00:06:26,433
-You happy, Bryan?
-Yeah, I'm...

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-Right?
-[sighs]

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It doesn't feel right.
It doesn't feel fair.

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Why you? Why are you
sitting in that chair...

139
00:06:34,300 --> 00:06:35,667
and not somebody else?

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[applause fades]
-Today...

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00:06:38,266 --> 00:06:41,133
we are standing
at the precipice.

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Today is one day after.

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You have one chance
to avoid a cell.

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Give me Axelrod.

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♪♪♪

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00:06:52,033 --> 00:06:54,767
The day after Pearl Harbor,

147
00:06:54,767 --> 00:06:57,433
everybody knew a Japanese
invasion would be coming.

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00:06:57,433 --> 00:07:00,567
Air raid wardens.
Anti-aircraft artillery.

149
00:07:00,567 --> 00:07:02,233
Cities blacked out.

150
00:07:02,233 --> 00:07:04,734
Mothers and fathers
staying by the door

151
00:07:04,734 --> 00:07:08,166
with baseball bats
and kitchen knives,

152
00:07:08,166 --> 00:07:12,033
bellies full of fear
of the invading hordes.

153
00:07:12,033 --> 00:07:14,467
I know what he means to you.

154
00:07:14,467 --> 00:07:18,600
I know you're a loyal man,
and I admire that.

155
00:07:18,600 --> 00:07:22,433
But this is what you  know.

156
00:07:22,433 --> 00:07:26,033
You know he's crooked,
and you know he's going down.

157
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But everyone was wrong.

158
00:07:28,734 --> 00:07:31,033
What happened
on American soil next?

159
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Nothing.

160
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That's right.

161
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The invasion never came.

162
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Turned out Pearl Harbor
was the best

163
00:07:37,100 --> 00:07:39,066
those sneak attacking
motherfuckers had.

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00:07:39,066 --> 00:07:41,734
[laughter, cheers,
and applause]

165
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I have the men.
I have the tools.

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00:07:44,667 --> 00:07:47,433
I have the will.

167
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Now if it's not you,
it'll be someone else.

168
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I'll go through your shop,
one PM at a time,

169
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pick up every piece
of rotten fruit

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00:07:54,100 --> 00:07:56,633
and squeeze until
the juice comes out.

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You know.

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00:07:59,000 --> 00:08:01,400
You know.

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00:08:01,400 --> 00:08:04,100
So you can cooperate
and walk out of here free,

174
00:08:04,100 --> 00:08:07,300
or you can go to jail
for no good reason.

175
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♪♪♪

176
00:08:09,333 --> 00:08:12,200
You have one chance
to make this deal.

177
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A deal won't be
on the table tomorrow.

178
00:08:14,266 --> 00:08:18,166
What came next was a war

179
00:08:18,166 --> 00:08:20,734
that unleashed the might
of America.

180
00:08:20,734 --> 00:08:24,533
What came next was
a victory that left us

181
00:08:24,533 --> 00:08:27,033
as the most powerful nation
on Earth.

182
00:08:27,033 --> 00:08:28,000
Fuck, yeah!

183
00:08:28,000 --> 00:08:32,066
[cheers, whistles, and applause]

184
00:08:32,066 --> 00:08:33,500
[applause fades]

185
00:08:33,500 --> 00:08:36,233
No deal.

186
00:08:36,233 --> 00:08:39,333
[cheers and applause]
-This company...

187
00:08:39,333 --> 00:08:43,000
This company will not wait
for an uncertain future.

188
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-We will make our own future!
[cheers and applause]

189
00:08:46,166 --> 00:08:49,233
We will fight back hard.

190
00:08:49,233 --> 00:08:51,400
We will mobilize
the war machine.

191
00:08:51,400 --> 00:08:53,633
And those who would
try to bring down our house

192
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will see their own houses fall!

193
00:08:55,600 --> 00:08:59,500
[loud cheering, whistles,
and applause]

194
00:09:03,133 --> 00:09:07,700
[cheers and applause continue]

195
00:09:07,700 --> 00:09:10,100
[applause fades]

196
00:09:10,100 --> 00:09:14,000
The case against my client
is entirely without merit.

197
00:09:14,000 --> 00:09:16,367
[laughs]

198
00:09:16,367 --> 00:09:21,667
Bill Stearn bribed
a company official

199
00:09:21,667 --> 00:09:24,300
in exchange
for material inside information.

200
00:09:24,300 --> 00:09:27,033
-It does not get any clearer.
[hits tabletop]

201
00:09:27,033 --> 00:09:31,533
He became friends with a farmer
working at a company he covers.

202
00:09:31,533 --> 00:09:35,033
He was so moved by the plight
of that man's daughter

203
00:09:35,033 --> 00:09:38,533
that he arranged transportation
and medical care for her.

204
00:09:38,533 --> 00:09:41,367
Now if you can convince
a jury of citizens

205
00:09:41,367 --> 00:09:44,433
that paying to save the life
of a sick child

206
00:09:44,433 --> 00:09:47,000
constitutes an illegal benefit,

207
00:09:47,000 --> 00:09:49,100
then you should go ahead
and take us to trial.

208
00:09:49,100 --> 00:09:52,400
[scoffs softly]

209
00:09:52,400 --> 00:09:54,700
My client has no interest
in cooperation,

210
00:09:54,700 --> 00:09:57,166
no interest in a plea...

211
00:09:57,166 --> 00:10:00,300
[whispers indistinctly]

212
00:10:02,600 --> 00:10:06,567
And he does not recognize
your authority.

213
00:10:09,000 --> 00:10:11,500
-What the fuck does that mean?
[hand thuds]

214
00:10:14,700 --> 00:10:17,633
Liquidate 2% of the fund
immediately.

215
00:10:17,633 --> 00:10:19,033
That's our war chest.

216
00:10:19,033 --> 00:10:22,100
$300 million. Nice rack.
Legal defense is paid for.

217
00:10:22,100 --> 00:10:23,567
How many billions are
out the door

218
00:10:23,567 --> 00:10:25,033
at the first redemption?

219
00:10:25,033 --> 00:10:27,200
You should gate
the whole damn fund

220
00:10:27,200 --> 00:10:28,633
before they start
a run on...

221
00:10:41,066 --> 00:10:43,767
We're fucked.

222
00:10:43,767 --> 00:10:46,066
That's not the impression
you gave out there.

223
00:10:46,066 --> 00:10:47,400
Pretty tough talk.

224
00:10:47,400 --> 00:10:49,233
You think I'm overreacting?

225
00:10:49,233 --> 00:10:52,367
I think...
open war isn't good.

226
00:10:52,367 --> 00:10:54,467
-For who?
-For anyone.

227
00:10:59,300 --> 00:11:03,200
I think your whole mentality
right now is a mistake.

228
00:11:03,200 --> 00:11:04,200
You're not accepting

229
00:11:04,200 --> 00:11:05,700
that certain things are
out of your control.

230
00:11:05,700 --> 00:11:07,100
Damn right I'm not.

231
00:11:07,100 --> 00:11:10,200
And it's causing you
to lose more control.

232
00:11:10,200 --> 00:11:12,600
If you wanna get it back, if you
really wanna survive this thing,

233
00:11:12,600 --> 00:11:15,400
then you may need to set aside
the piece of you that's...

234
00:11:15,400 --> 00:11:18,233
raging, and do something

235
00:11:18,233 --> 00:11:19,767
that makes you
a little uncomfortable.

236
00:11:19,767 --> 00:11:24,433
♪ tense music ♪

237
00:11:24,433 --> 00:11:27,400
[door opens, closes]

238
00:11:27,400 --> 00:11:29,533
-He's not gonna flip?
-No, he will,

239
00:11:29,533 --> 00:11:32,633
because you're  gonna make it
happen. All of you.

240
00:11:32,633 --> 00:11:35,367
Everything you have on him,
get underneath it.

241
00:11:35,367 --> 00:11:37,166
Not the what -- the why.

242
00:11:37,166 --> 00:11:40,100
What motivates him.
Fears. Goals.

243
00:11:40,100 --> 00:11:41,367
Scars.

244
00:11:41,367 --> 00:11:45,300
He has a weak point, and we need
to twist a knife in it.

245
00:11:45,300 --> 00:11:47,400
Is there something else?

246
00:11:47,400 --> 00:11:49,500
We know how
Axelrod's operation works.

247
00:11:49,500 --> 00:11:51,100
He keeps himself insulated.

248
00:11:51,100 --> 00:11:52,367
Is there a point
you're trying to make?

249
00:11:52,367 --> 00:11:54,767
Some random PM at Axe Cap
isn't gonna have the goods.

250
00:11:54,767 --> 00:11:57,100
We need inner circle.
Bill Stearn is our best shot.

251
00:11:57,100 --> 00:11:59,333
Is this something you think
I don't understand?

252
00:11:59,333 --> 00:12:01,100
Hey, I just don't want Axe
to walk away

253
00:12:01,100 --> 00:12:03,600
with a fine
and a family office like Birch.

254
00:12:03,600 --> 00:12:07,767
Is that what you think
I'm doing? No.

255
00:12:07,767 --> 00:12:09,767
Axe is
no ordinary billionaire.

256
00:12:09,767 --> 00:12:12,433
He's not
Steven fucking Birch.

257
00:12:12,433 --> 00:12:15,600
He's an icon
of the wealth of our age,

258
00:12:15,600 --> 00:12:18,266
and he is a fraud.

259
00:12:18,266 --> 00:12:21,600
So when he falls, he's gonna
hit the ground hard.

260
00:12:21,600 --> 00:12:24,533
Skilling got 14 years for Enron.
I'm gonna beat that.

261
00:12:24,533 --> 00:12:27,100
I just wanna take this one
to trial, let the jury decide.

262
00:12:27,100 --> 00:12:30,567
We're gonna put him in a cell,
and everyone is gonna see --

263
00:12:30,567 --> 00:12:33,734
in Washington,
in the fucking press --

264
00:12:33,734 --> 00:12:35,567
there's no better defender
of the public trust

265
00:12:35,567 --> 00:12:37,166
-than this office.
[files thud]

266
00:12:37,166 --> 00:12:39,166
They'll say
Chuck Rhoades did that,

267
00:12:39,166 --> 00:12:41,433
and no one
is out of his reach.

268
00:12:41,433 --> 00:12:45,600
-You're damn skippy they will.
-[chuckles]

269
00:12:47,300 --> 00:12:50,433
[engine revving]

270
00:12:56,166 --> 00:12:57,700
[knocks on door]

271
00:12:57,700 --> 00:12:59,166
[door creaks]

272
00:12:59,166 --> 00:13:00,333
Lara.

273
00:13:00,333 --> 00:13:02,000
You shouldn't be here.

274
00:13:02,000 --> 00:13:05,033
Come in quickly. I think
they're watching the house.

275
00:13:05,033 --> 00:13:09,033
[dog barking in distance]

276
00:13:09,033 --> 00:13:11,066
They went
through everything.

277
00:13:11,066 --> 00:13:14,000
They broke Bill's home office --
the door, in half.

278
00:13:14,000 --> 00:13:16,500
And I was getting the key.
Look at this.

279
00:13:16,500 --> 00:13:18,667
All our accounts are frozen.

280
00:13:18,667 --> 00:13:20,333
They didn't even wipe
their feet.

281
00:13:20,333 --> 00:13:23,433
Sandy, stay strong, okay?

282
00:13:23,433 --> 00:13:25,200
It's a difficult time
for everyone.

283
00:13:25,200 --> 00:13:27,734
[paper crinkling]

284
00:13:27,734 --> 00:13:31,066
You brought muffins?

285
00:13:31,066 --> 00:13:32,734
[TV playing softly]

286
00:13:32,734 --> 00:13:34,333
[raises volume]

287
00:13:34,333 --> 00:13:36,066
[remote clatters]

288
00:13:36,066 --> 00:13:38,467
[women on TV
speaking indistinctly]

289
00:13:38,467 --> 00:13:41,600
[envelopes crinkling]

290
00:13:45,266 --> 00:13:46,767
[lowered voice] This is
your mortgage, property tax,

291
00:13:46,767 --> 00:13:50,066
insurance, school tuition,
and that's for your foundation.

292
00:13:50,066 --> 00:13:53,600
Everything is taken care of,
for as long as this lasts.

293
00:13:53,600 --> 00:13:56,767
[exhales sharply] Thank you.
Thank you so much.

294
00:13:56,767 --> 00:14:01,433
[women on TV continue
speaking indistinctly]

295
00:14:01,433 --> 00:14:05,667
♪ tense music ♪

296
00:14:05,667 --> 00:14:07,367
[front door closes]

297
00:14:07,367 --> 00:14:08,367
[liquor pouring]

298
00:14:08,367 --> 00:14:09,433
[Chuck] Here.

299
00:14:09,433 --> 00:14:11,300
[glass clinks]
-Want a taste?

300
00:14:11,300 --> 00:14:12,667
[glass thuds]

301
00:14:12,667 --> 00:14:14,367
It's like whiskey dipped
in milk chocolate.

302
00:14:14,367 --> 00:14:15,567
[liquor pouring]

303
00:14:15,567 --> 00:14:17,433
Are we
celebrating something?

304
00:14:17,433 --> 00:14:21,767
Mm-hmm.
I want to apologize.

305
00:14:21,767 --> 00:14:25,400
[scoffs] I was a big,
puckered asshole yesterday.

306
00:14:25,400 --> 00:14:27,500
I had no right to talk
to you that way.

307
00:14:27,500 --> 00:14:29,633
I'll drink to that.

308
00:14:29,633 --> 00:14:32,533
[purse thuds]

309
00:14:32,533 --> 00:14:34,500
[ice cubes rattle]

310
00:14:34,500 --> 00:14:38,433
[glasses clink]

311
00:14:38,433 --> 00:14:42,000
[slurps]

312
00:14:42,000 --> 00:14:43,266
Oh, wow. [chuckles]

313
00:14:43,266 --> 00:14:45,266
[chuckles] Right?

314
00:14:45,266 --> 00:14:49,433
Yeah, the Taiwanese do it better
than the Scots these days.

315
00:14:49,433 --> 00:14:51,000
[chuckles]

316
00:14:51,000 --> 00:14:53,734
-How would you talk to me?
[glass thuds]

317
00:14:53,734 --> 00:14:57,667
If you had a do-over.

318
00:14:57,667 --> 00:14:59,700
What would you say?

319
00:14:59,700 --> 00:15:01,266
I don't want
to have this fight again.

320
00:15:01,266 --> 00:15:03,233
Then let's not fight.
Let's talk.

321
00:15:03,233 --> 00:15:06,133
No posturing. No bullshit.

322
00:15:06,133 --> 00:15:07,400
Okay.

323
00:15:07,400 --> 00:15:08,500
[slides glass]

324
00:15:08,500 --> 00:15:11,000
Right.

325
00:15:11,000 --> 00:15:12,633
What do you want to know?

326
00:15:12,633 --> 00:15:16,333
Why are you going after him
so hard? Why Axe?

327
00:15:16,333 --> 00:15:19,233
For the same reason
my office does anything.

328
00:15:19,233 --> 00:15:21,633
He broke the law.
He cheated.

329
00:15:21,633 --> 00:15:23,533
Then why you?

330
00:15:23,533 --> 00:15:26,533
How many cases are you
this involved with personally?

331
00:15:26,533 --> 00:15:28,367
[ice cubes rattle, glass thuds]

332
00:15:28,367 --> 00:15:29,667
I don't know.
Uh, four, five.

333
00:15:29,667 --> 00:15:31,633
Why does this have
to be one of them?

334
00:15:31,633 --> 00:15:34,100
-[exhales sharply]
-Why don't you recuse yourself?

335
00:15:34,100 --> 00:15:35,367
-Out of the question.
-Why?

336
00:15:35,367 --> 00:15:37,667
Because I owe it to my team.
I owe it to the public.

337
00:15:37,667 --> 00:15:40,100
It's my responsibility
to prosecute.

338
00:15:40,100 --> 00:15:43,300
[ice cubes rattle]
-It doesn't have to be you.

339
00:15:43,300 --> 00:15:44,767
Give the case
to Bryan Connerty alone,

340
00:15:44,767 --> 00:15:46,700
or the Eastern District.

341
00:15:46,700 --> 00:15:50,367
This  case?

342
00:15:50,367 --> 00:15:54,200
SEC, Eastern,
uh, State AG --

343
00:15:54,200 --> 00:15:58,300
they have been whispering about
Axelrod for years, waiting.

344
00:15:58,300 --> 00:15:59,700
I'm the one that stood up.

345
00:15:59,700 --> 00:16:01,600
I'm the only  one
that did something.

346
00:16:01,600 --> 00:16:04,033
This is an action
against me.

347
00:16:04,033 --> 00:16:05,367
[pounds countertop]
-Do you understand?

348
00:16:05,367 --> 00:16:09,100
Do you?  Because this is
bigger than you.

349
00:16:09,100 --> 00:16:10,467
It's bigger than me.

350
00:16:10,467 --> 00:16:14,000
He runs more money than
the GDP of a European nation.

351
00:16:14,000 --> 00:16:17,600
He's untouchable, and I
have him dead to rights.

352
00:16:17,600 --> 00:16:19,700
You may think you do,
but you don't.

353
00:16:19,700 --> 00:16:22,100
Really?
What makes you so sure?

354
00:16:22,100 --> 00:16:23,767
-Because... [inhales deeply]
[hits countertop]

355
00:16:23,767 --> 00:16:25,333
I have never seen him
like this.

356
00:16:25,333 --> 00:16:28,333
He is digging trenches
and laying wire,

357
00:16:28,333 --> 00:16:30,633
and he will scorch
the earth under our feet.

358
00:16:30,633 --> 00:16:32,266
Tell me more
about what he's doing.

359
00:16:32,266 --> 00:16:33,467
I can't go further.

360
00:16:33,467 --> 00:16:36,500
And it's wrong of you to push.
I took an oath.

361
00:16:36,500 --> 00:16:40,033
Me, too. And that's why
I can't recuse myself.

362
00:16:40,033 --> 00:16:42,333
Yes, you can.

363
00:16:42,333 --> 00:16:43,500
You just won't.

364
00:16:43,500 --> 00:16:46,066
[ice cubes rattle]

365
00:16:46,066 --> 00:16:47,433
[door opens]

366
00:16:47,433 --> 00:16:49,767
[door slams closed]

367
00:16:49,767 --> 00:16:52,166
[ice cubes rattle]
-[sighs]

368
00:16:52,166 --> 00:16:55,734
[rattling continues]

369
00:16:55,734 --> 00:16:58,367
-Ahh.
[glass thuds]

370
00:16:58,367 --> 00:17:01,266
♪ dramatic music ♪

371
00:17:18,066 --> 00:17:21,133
[exhales slowly]

372
00:17:28,567 --> 00:17:30,500
[grabs cellphone]

373
00:17:30,500 --> 00:17:33,400
We've gone down this road,
backwards and sideways.

374
00:17:33,400 --> 00:17:35,133
Now we gotta do it
on our hands and knees.

375
00:17:35,133 --> 00:17:36,266
That's a fun image.

376
00:17:36,266 --> 00:17:37,700
I don't even know what
we're looking for anymore.

377
00:17:37,700 --> 00:17:40,266
[liquor pouring]
-He's gotta be hiding something.

378
00:17:40,266 --> 00:17:42,767
I've never seen anybody
so clean in his world.

379
00:17:42,767 --> 00:17:44,000
Ah, except for, you know,

380
00:17:44,000 --> 00:17:45,533
the bribery
and securities fraud.

381
00:17:45,533 --> 00:17:47,300
Ah, he might not think
it's illegal.

382
00:17:47,300 --> 00:17:50,300
He might be right. The courts
keep moving the goalposts.

383
00:17:50,300 --> 00:17:51,433
Yeah, I know what
they tell themselves.

384
00:17:51,433 --> 00:17:54,000
I've been to those
Sohn conferences, too.

385
00:17:54,000 --> 00:17:57,200
"Capitalism is under siege."

386
00:17:57,200 --> 00:18:01,000
All those guys think if you
can't prove  they did the murder,

387
00:18:01,000 --> 00:18:02,567
then they're not a killer.

388
00:18:02,567 --> 00:18:05,166
Don't fucking kid yourself.

389
00:18:05,166 --> 00:18:07,166
They're only players
'cause they rigged the game.

390
00:18:07,166 --> 00:18:08,266
Of course.

391
00:18:08,266 --> 00:18:10,567
[speaks Japanese]

392
00:18:10,567 --> 00:18:12,567
Huh?

393
00:18:12,567 --> 00:18:14,567
[speaks Japanese]

394
00:18:14,567 --> 00:18:17,000
Hmm?
That's all I got. [laughs]

395
00:18:17,000 --> 00:18:17,767
[chuckles]

396
00:18:17,767 --> 00:18:19,767
Greedy or cheap,
it's a fine line.

397
00:18:19,767 --> 00:18:21,633
What are
his greatest hits, Terri?

398
00:18:21,633 --> 00:18:26,266
Uh, reusing paper towels.
$1 taco night at Acapulco's.

399
00:18:26,266 --> 00:18:28,233
No Benz, no Audi.

400
00:18:28,233 --> 00:18:31,300
Just two identical
Honda minivans.

401
00:18:31,300 --> 00:18:33,333
Who the fuck has two minivans?

402
00:18:33,333 --> 00:18:36,166
One in beige, one in...
[singsongy] boring.

403
00:18:36,166 --> 00:18:38,233
Nobody.

404
00:18:39,700 --> 00:18:42,467
Nobody has two minivans.
That's it.

405
00:18:42,467 --> 00:18:44,300
There's something there,
and we need to find out what.

406
00:18:44,300 --> 00:18:45,667
[chair rattles]

407
00:18:45,667 --> 00:18:49,333
We're gonna bleed out.

408
00:18:49,333 --> 00:18:51,066
We'll be a family office
by the end of the year,

409
00:18:51,066 --> 00:18:52,533
by SEC mandate or not.

410
00:18:52,533 --> 00:18:54,000
[Bobby] We need to take action.

411
00:18:54,000 --> 00:18:55,400
We need to cut through
the chatter.

412
00:18:55,400 --> 00:18:56,600
We need to get it
out there --

413
00:18:56,600 --> 00:18:58,700
Rhoades has no case,
he'll be laughed out of court.

414
00:18:58,700 --> 00:19:00,467
You know that doesn't matter.

415
00:19:00,467 --> 00:19:02,066
The smoke is enough
to choke you.

416
00:19:02,066 --> 00:19:03,333
There doesn't need to be
a fire.

417
00:19:03,333 --> 00:19:04,433
I don't accept that.

418
00:19:04,433 --> 00:19:07,266
Why not embrace this?

419
00:19:07,266 --> 00:19:09,734
We'll be
a killer  family office.

420
00:19:09,734 --> 00:19:11,767
We can downsize the staff.

421
00:19:11,767 --> 00:19:13,567
I can't stand
half the people here anyway.

422
00:19:13,567 --> 00:19:17,266
Never.
I need outside capital.

423
00:19:18,767 --> 00:19:20,734
Why?

424
00:19:20,734 --> 00:19:22,667
You have billions
in assets to invest

425
00:19:22,667 --> 00:19:24,600
without a penny
of outside money,

426
00:19:24,600 --> 00:19:26,600
and no one to answer to.

427
00:19:26,600 --> 00:19:28,500
I'll be dead to the world.

428
00:19:28,500 --> 00:19:30,367
I'll be called a cheat.
Humiliated.

429
00:19:30,367 --> 00:19:33,200
Another rich dick playing
the market with his own money.

430
00:19:33,200 --> 00:19:36,266
But you'll be the biggest dick.
And it's so much money.

431
00:19:36,266 --> 00:19:38,166
Wags...

432
00:19:40,433 --> 00:19:42,300
What we need is
a public endorsement,

433
00:19:42,300 --> 00:19:45,633
from the prime brokers --
D-Bank, Citi, JP.

434
00:19:45,633 --> 00:19:47,767
-All of them?
-No. There's only one

435
00:19:47,767 --> 00:19:50,166
that matters --
Spartan-Ives.

436
00:19:52,767 --> 00:19:55,333
What would you want
Lawrence Boyd to say?

437
00:19:55,333 --> 00:19:58,100
That he believes Axe Capital
to be a reputable company,

438
00:19:58,100 --> 00:20:00,233
and we're gonna continue
to do business together.

439
00:20:00,233 --> 00:20:03,300
[chuckles] Yeah,
that's never gonna happen.

440
00:20:03,300 --> 00:20:04,567
Make it happen.

441
00:20:10,000 --> 00:20:13,100
What about a dog whistle?

442
00:20:13,100 --> 00:20:14,533
They're seen together,
photographed,

443
00:20:14,533 --> 00:20:16,400
Boyd's arm around you
at the Met.

444
00:20:16,400 --> 00:20:18,033
No, not fancy.

445
00:20:18,033 --> 00:20:22,333
A game, at the Stadium
or at his box at Barclays.

446
00:20:22,333 --> 00:20:25,467
Boyd's touch is
the healing waters of Lourdes.

447
00:20:25,467 --> 00:20:26,767
Cleaner than
a maiden's honor.

448
00:20:26,767 --> 00:20:28,700
Get me in those waters.

449
00:20:28,700 --> 00:20:31,266
Both minivans registered
to Bill Stearn

450
00:20:31,266 --> 00:20:33,333
under the same
group insurance policy.

451
00:20:33,333 --> 00:20:34,400
But one of 'em...

452
00:20:34,400 --> 00:20:36,000
EZ Pass records track it
all over New Jersey,

453
00:20:36,000 --> 00:20:37,400
never Connecticut.

454
00:20:37,400 --> 00:20:40,133
Speeding ticket from 2013
led to the Saddle River address.

455
00:20:40,133 --> 00:20:43,233
You went there?
This is for real?

456
00:20:43,233 --> 00:20:45,066
We've fucking got him.

457
00:20:50,066 --> 00:20:53,233
[door beeps, buzzers sounds,
door opens]

458
00:20:55,033 --> 00:20:57,767
-601 Tanbark Trail.
[door closes]

459
00:20:57,767 --> 00:20:59,467
That supposed to mean something?

460
00:20:59,467 --> 00:21:01,633
How many days a week
do you stay over there?

461
00:21:01,633 --> 00:21:04,300
I'm guessing 3.5.
He's very meticulous.

462
00:21:04,300 --> 00:21:05,767
I try to be fair.

463
00:21:05,767 --> 00:21:07,367
He tell you?

464
00:21:07,367 --> 00:21:09,700
Bill Stearn
has a second family.

465
00:21:09,700 --> 00:21:11,700
Two kids with a mistress
in Saddle River, New Jersey.

466
00:21:11,700 --> 00:21:13,166
He's a family man.

467
00:21:13,166 --> 00:21:15,533
I wanna know how the hell
you have the time

468
00:21:15,533 --> 00:21:17,333
to bribe farmers,
manipulate the market,

469
00:21:17,333 --> 00:21:20,033
and coach
two  travel baseball teams?

470
00:21:20,033 --> 00:21:21,600
Timmy's in the spring,
Carson's in the fall.

471
00:21:21,600 --> 00:21:23,467
I try to be fair.

472
00:21:23,467 --> 00:21:28,633
I want to know, how would Sandy
react if she heard this?

473
00:21:28,633 --> 00:21:33,133
She must be very fragile
these days since your arrest.

474
00:21:33,133 --> 00:21:36,767
♪ tense music ♪

475
00:21:36,767 --> 00:21:39,367
Getting the photo stream
in her in-box...

476
00:21:39,367 --> 00:21:44,200
all those happy pictures
of you and Carson and Anna --

477
00:21:44,200 --> 00:21:48,767
with a woman ten years younger
than her...

478
00:21:48,767 --> 00:21:50,700
Well, that might just break her.

479
00:21:50,700 --> 00:21:54,100
♪♪♪

480
00:21:58,500 --> 00:22:00,734
I knew you'd come with that.

481
00:22:00,734 --> 00:22:02,367
[touchscreen clicks]

482
00:22:02,367 --> 00:22:05,667
I wrote a letter to my wife,
the whole story.

483
00:22:05,667 --> 00:22:10,433
♪♪♪

484
00:22:10,433 --> 00:22:12,433
I just sent it.

485
00:22:12,433 --> 00:22:14,200
[exhales sharply]

486
00:22:14,200 --> 00:22:15,500
Uh...

487
00:22:15,500 --> 00:22:20,300
You just blew up
your family...

488
00:22:20,300 --> 00:22:22,467
for Bobby Axelrod?

489
00:22:22,467 --> 00:22:25,533
I'm Keyser Soze,
motherfucker.

490
00:22:25,533 --> 00:22:28,500
♪♪♪

491
00:22:32,500 --> 00:22:36,533
[unzips pants]
-[grunts] Ohh. [sighs deeply]

492
00:22:36,533 --> 00:22:38,734
Worst part
of these sessions.

493
00:22:38,734 --> 00:22:41,100
I've got a small bladder.

494
00:22:41,100 --> 00:22:43,066
[zips up pants]

495
00:22:43,066 --> 00:22:44,166
What is it with these guys?

496
00:22:44,166 --> 00:22:47,100
What -- what is it about
the cult of Bobby Axelrod

497
00:22:47,100 --> 00:22:50,000
that makes them
wanna immolate themselves?

498
00:22:50,000 --> 00:22:52,500
You wouldn't understand.

499
00:22:52,500 --> 00:22:54,400
You're a lawyer. Persuade me.

500
00:22:54,400 --> 00:22:56,066
[water running]

501
00:22:56,066 --> 00:22:57,367
You're at the mercy
of politics.

502
00:22:57,367 --> 00:22:59,467
Loyalty is a convenience.

503
00:22:59,467 --> 00:23:02,367
People turn on each other
every election cycle.

504
00:23:02,367 --> 00:23:05,533
You do your three or five
or ten years here,

505
00:23:05,533 --> 00:23:08,467
then you flip to our side,
cash seven figures

506
00:23:08,467 --> 00:23:11,333
from the same big funds
you're trying to bring down.

507
00:23:11,333 --> 00:23:13,400
[clicks tongue]
For true believers like you,

508
00:23:13,400 --> 00:23:17,000
it's the worst 'cause
you never see it coming.

509
00:23:17,000 --> 00:23:18,667
[water running]

510
00:23:18,667 --> 00:23:21,133
That's the problem with being
a cynic. It blinds you.

511
00:23:21,133 --> 00:23:23,767
You think everybody's
as cynical as you.

512
00:23:23,767 --> 00:23:27,533
Axe's guys,
they're in it for life.

513
00:23:27,533 --> 00:23:29,100
Bill Stearn couldn't walk
down the street

514
00:23:29,100 --> 00:23:30,767
if he sold out his friends.

515
00:23:30,767 --> 00:23:35,500
Guys who talk in their world
may avoid a few years in a cell,

516
00:23:35,500 --> 00:23:39,133
but they're dead forever.

517
00:23:39,133 --> 00:23:41,367
See you soon, I guess...
[sighs]

518
00:23:41,367 --> 00:23:44,700
when Chuck comes at Axe
with some lame fine,

519
00:23:44,700 --> 00:23:48,433
because obviously
you've got nothing.

520
00:23:50,433 --> 00:23:52,433
No, not this time.

521
00:23:52,433 --> 00:23:53,467
Not Axe.

522
00:23:53,467 --> 00:23:55,333
This is personal for Chuck.

523
00:23:55,333 --> 00:23:57,467
The whole city puts
your boy on a pedestal.

524
00:23:57,467 --> 00:23:59,133
But he doesn't --
he doesn't make anything.

525
00:23:59,133 --> 00:24:00,700
He doesn't do anything.

526
00:24:00,700 --> 00:24:04,433
He's nothing
but a filthy money pig.

527
00:24:04,433 --> 00:24:05,734
And I can see why
he'd wanna make a deal,

528
00:24:05,734 --> 00:24:08,567
because he knows
we're coming,

529
00:24:08,567 --> 00:24:10,300
and we will follow him till
the end of the fucking Earth

530
00:24:10,300 --> 00:24:13,300
until he's walking
in shackles.

531
00:24:13,300 --> 00:24:15,567
You know you just
work here, right?

532
00:24:15,567 --> 00:24:16,700
-[scoffs]
-[chuckles]

533
00:24:19,166 --> 00:24:21,066
[door creaks open]

534
00:24:21,066 --> 00:24:22,066
[door closes]

535
00:24:22,066 --> 00:24:23,266
[indistinct conversations]

536
00:24:23,266 --> 00:24:26,066
-Lara, hi.
-Hi.

537
00:24:26,066 --> 00:24:27,233
How is everything?

538
00:24:27,233 --> 00:24:29,200
-Great.
-Good.

539
00:24:29,200 --> 00:24:30,734
Yeah, you know, we should get
the kids together this Saturday.

540
00:24:30,734 --> 00:24:33,467
Sure, at
the Bancroft twins' party.

541
00:24:33,467 --> 00:24:34,767
Right. Party.

542
00:24:34,767 --> 00:24:36,333
In Montauk.

543
00:24:36,333 --> 00:24:39,567
[chuckles] Yes, of course.
I forgot it was this weekend.

544
00:24:39,567 --> 00:24:41,000
-Right.
-I'll see you there.

545
00:24:41,000 --> 00:24:42,367
All right,
I'll see you there.

546
00:24:42,367 --> 00:24:45,333
[woman singing slow song
over speakers]

547
00:24:47,367 --> 00:24:48,767
[machine whirring]

548
00:24:48,767 --> 00:24:51,066
Hey, take it easy!

549
00:24:51,066 --> 00:24:54,567
You're at 120 feet per minute.
You're gonna blow an Achilles!

550
00:24:54,567 --> 00:24:56,400
Aah!

551
00:24:56,400 --> 00:24:58,066
-[exhales sharply]
[machine stops]

552
00:24:58,066 --> 00:24:59,533
[Velcro snaps]
-What's wrong?

553
00:24:59,533 --> 00:25:01,633
[belt clinks, thuds]
-[panting] I'll be right back.

554
00:25:01,633 --> 00:25:03,266
[breathing heavily]

555
00:25:03,266 --> 00:25:07,500
♪ pulsing dramatic music ♪

556
00:25:07,500 --> 00:25:09,600
Hey, I'm not getting anywhere
with Lawrence Boyd.

557
00:25:09,600 --> 00:25:12,200
-The problem is --
-Solve it.

558
00:25:12,200 --> 00:25:15,000
All those years of thought
and planning and calculation

559
00:25:15,000 --> 00:25:16,600
that you and he put in
are for nothing,

560
00:25:16,600 --> 00:25:18,667
and there's a high probability
that it does go wrong.

561
00:25:18,667 --> 00:25:23,100
So it's in both
your interests to...

562
00:25:23,100 --> 00:25:24,166
I'll have to call you back.

563
00:25:24,166 --> 00:25:25,500
[door slams closed]

564
00:25:25,500 --> 00:25:27,233
[touchscreen clicks]

565
00:25:27,233 --> 00:25:30,166
[continues
breathing heavily]

566
00:25:34,367 --> 00:25:37,367
You took $250,000
out of the fund.

567
00:25:37,367 --> 00:25:39,500
Why does it bother you?
I still have $3 million in.

568
00:25:39,500 --> 00:25:41,000
Why'd you take it out?

569
00:25:41,000 --> 00:25:45,100
It's my money. I can do
whatever I want with it.

570
00:25:45,100 --> 00:25:46,667
Or can't I?

571
00:25:46,667 --> 00:25:50,200
Dollar Bill earned
a $10 million bonus last year.

572
00:25:50,200 --> 00:25:52,734
You know how much
he took out? 2 grand.

573
00:25:52,734 --> 00:25:54,400
You've known about this
for weeks.

574
00:25:54,400 --> 00:25:55,700
You're bringing it up now
because

575
00:25:55,700 --> 00:25:57,567
you wanna know something.
What is it you wanna know?

576
00:25:57,567 --> 00:25:59,734
Why don't you take it
all out?

577
00:26:03,600 --> 00:26:05,533
I am not my husband.

578
00:26:05,533 --> 00:26:07,600
And I am not going to be
the shuttlecock

579
00:26:07,600 --> 00:26:11,667
that you two smack
back and forth.

580
00:26:11,667 --> 00:26:13,700
[grabs purse]

581
00:26:15,166 --> 00:26:16,500
You two just sniffed
each other one day

582
00:26:16,500 --> 00:26:18,400
and decided you didn't
like the smell.

583
00:26:18,400 --> 00:26:23,000
So now you think you have to do
this thing, but you don't.

584
00:26:23,000 --> 00:26:25,700
You don't have to do it.

585
00:26:25,700 --> 00:26:28,300
[door opens, closes]

586
00:26:28,300 --> 00:26:31,367
[indistinct conversations]

587
00:26:31,367 --> 00:26:36,166
♪♪♪

588
00:26:36,166 --> 00:26:39,200
[water running]

589
00:26:39,200 --> 00:26:42,300
♪♪♪

590
00:26:45,300 --> 00:26:46,500
[sighs]

591
00:26:49,300 --> 00:26:51,166
Dollar Bill is hard, man.

592
00:26:51,166 --> 00:26:53,133
Inspiring.

593
00:26:53,133 --> 00:26:55,166
He makes me wanna
lose 30 pounds

594
00:26:55,166 --> 00:27:00,033
and stockpile automatic weapons
to protect all my sister-wives.

595
00:27:00,033 --> 00:27:01,567
[clothes rustle]
-Will he be exonerated?

596
00:27:01,567 --> 00:27:03,433
It's the government.

597
00:27:03,433 --> 00:27:05,033
If he is,
it'll be in five years,

598
00:27:05,033 --> 00:27:08,467
and no one will remember it.

599
00:27:08,467 --> 00:27:10,333
Look...

600
00:27:10,333 --> 00:27:11,767
just because he's not
cooperating

601
00:27:11,767 --> 00:27:14,133
doesn't mean they can't
tie you to Pepsum,

602
00:27:14,133 --> 00:27:18,066
doesn't mean they can't
get you on something else.

603
00:27:18,066 --> 00:27:21,333
But we have an opportunity now
to broach a deal.

604
00:27:21,333 --> 00:27:22,433
I'll never settle.

605
00:27:22,433 --> 00:27:27,333
No. Now's the time
you drop that.

606
00:27:27,333 --> 00:27:30,567
Chuck's guy, Connerty --

607
00:27:30,567 --> 00:27:32,767
he's rattled.

608
00:27:32,767 --> 00:27:34,367
They're weak.

609
00:27:34,367 --> 00:27:36,000
And I think
we could get a deal

610
00:27:36,000 --> 00:27:38,467
that would be
very, very good for you.

611
00:27:38,467 --> 00:27:42,000
Look, guys try
to sell me deals all day.

612
00:27:42,000 --> 00:27:43,233
I decide when they're good.

613
00:27:43,233 --> 00:27:45,333
The one I bring you
will be the best one

614
00:27:45,333 --> 00:27:48,066
that'll ever on the table,

615
00:27:48,066 --> 00:27:50,367
'cause that's what
I  do all day.

616
00:27:50,367 --> 00:27:52,700
-I see that.
[picks up shoes]

617
00:27:52,700 --> 00:27:55,567
And it won't really hurt you,
grand scheme,

618
00:27:55,567 --> 00:27:57,667
other than emotionally.

619
00:27:57,667 --> 00:28:00,133
It'll seem like a win
to them, and they stop.

620
00:28:00,133 --> 00:28:04,000
Give them more time,
who knows what they'll find?

621
00:28:04,000 --> 00:28:06,100
[sighs]

622
00:28:06,100 --> 00:28:07,667
I didn't do anything

623
00:28:07,667 --> 00:28:10,567
that anybody else
in my business doesn't do.

624
00:28:10,567 --> 00:28:12,200
I just did it better.

625
00:28:12,200 --> 00:28:14,200
And I will not tar myself
with an admission of guilt

626
00:28:14,200 --> 00:28:15,633
-over some --
-You wouldn't plead guilty.

627
00:28:15,633 --> 00:28:20,734
Any success that his bullshit
investigation yields is toxic.

628
00:28:20,734 --> 00:28:25,500
He cannot just walk around
using rumor and hearsay

629
00:28:25,500 --> 00:28:27,233
and destroy lives
and businesses.

630
00:28:27,233 --> 00:28:30,467
I won't allow it.
That  needs to be the message.

631
00:28:30,467 --> 00:28:32,533
[shoe thuds]
-He's got nothing.

632
00:28:32,533 --> 00:28:33,667
Billionaires
all over the world

633
00:28:33,667 --> 00:28:35,033
are trying to bring me down
every day.

634
00:28:35,033 --> 00:28:37,033
This guy? He can't even
bring me to trial.

635
00:28:37,033 --> 00:28:39,266
He has failed at his job.

636
00:28:39,266 --> 00:28:40,734
Why the hell would I
give him a win?

637
00:28:40,734 --> 00:28:45,567
What win? It's your win.
[chuckles]

638
00:28:45,567 --> 00:28:47,333
You go free.

639
00:28:47,333 --> 00:28:49,100
You pay a fine,

640
00:28:49,100 --> 00:28:51,667
get busted down
to a family office.

641
00:28:51,667 --> 00:28:55,100
That's nothing. It's headed
that way anyway, isn't it?

642
00:28:55,100 --> 00:28:56,133
No!

643
00:29:01,000 --> 00:29:03,133
Adam.

644
00:29:03,133 --> 00:29:05,033
What brings you
to our fair city, sir?

645
00:29:05,033 --> 00:29:06,700
I'm giving the commencement
at Columbia Law.

646
00:29:06,700 --> 00:29:09,734
Ah. I gave that speech
two years ago.

647
00:29:09,734 --> 00:29:11,500
You need some tips?

648
00:29:11,500 --> 00:29:15,433
[chuckles] Hey, congrats
on getting Steve Birch.

649
00:29:15,433 --> 00:29:18,233
-That's a solid double.
[basket thuds]

650
00:29:18,233 --> 00:29:20,033
Axelrod...

651
00:29:20,033 --> 00:29:21,166
that's bigger.

652
00:29:21,166 --> 00:29:22,533
You speaking for
the Attorney General

653
00:29:22,533 --> 00:29:24,066
or is this off the cuff?

654
00:29:24,066 --> 00:29:26,000
I speak for everyone.

655
00:29:26,000 --> 00:29:27,300
It's fundraising season.

656
00:29:27,300 --> 00:29:29,066
The administration needs
Wall Street money to compete.

657
00:29:29,066 --> 00:29:31,533
Nobody wants this to look
like some kind of crusade.

658
00:29:31,533 --> 00:29:32,567
I'm doing my job.

659
00:29:32,567 --> 00:29:34,300
I don't think
about what it looks like.

660
00:29:34,300 --> 00:29:36,033
Well, the AG does.

661
00:29:36,033 --> 00:29:37,467
I see.

662
00:29:37,467 --> 00:29:38,700
We feel -- or she feels --

663
00:29:38,700 --> 00:29:40,467
that your investigation
is problematic,

664
00:29:40,467 --> 00:29:42,567
given your personal connection
to Axe Capital.

665
00:29:42,567 --> 00:29:44,433
I mean, the optics are bad.
That article --

666
00:29:44,433 --> 00:29:47,033
Has no basis in fact.

667
00:29:47,033 --> 00:29:50,467
The idea, the very concept that
I would be soft on Axe Capital

668
00:29:50,467 --> 00:29:51,700
because my wife works there,

669
00:29:51,700 --> 00:29:53,367
I'm going to erase that
very, very quickly.

670
00:29:53,367 --> 00:29:55,200
I have. An arrest was made.

671
00:29:55,200 --> 00:29:58,066
Okay, so maybe you targeted
Axelrod because  she works there,

672
00:29:58,066 --> 00:30:00,066
-which is fucked up.
-[scoffs]

673
00:30:00,066 --> 00:30:01,633
First, I'm too soft.
Now I'm too tough.

674
00:30:01,633 --> 00:30:04,100
Uh, which is it, Goldilocks?

675
00:30:04,100 --> 00:30:07,333
Both. Either. I don't care.
The point is, she works there.

676
00:30:07,333 --> 00:30:08,633
That's what they're
gonna be writing about.

677
00:30:08,633 --> 00:30:10,000
And Axelrod will be paying
an army of white-shoe lawyers

678
00:30:10,000 --> 00:30:11,734
-$1,000 an hour...
-[sighs deeply]

679
00:30:11,734 --> 00:30:12,734
...to come up with
a thousand different ways

680
00:30:12,734 --> 00:30:14,467
to yell "conflict of interest."

681
00:30:14,467 --> 00:30:16,166
This is my  office.

682
00:30:16,166 --> 00:30:18,500
I have broad discretion
to pursue any actions

683
00:30:18,500 --> 00:30:20,066
exactly the way I see fit.

684
00:30:20,066 --> 00:30:22,467
Of course. The AG
doesn't care about one case.

685
00:30:22,467 --> 00:30:24,066
She's thinking globally here.

686
00:30:24,066 --> 00:30:26,500
She's into movements,
like a maestro.

687
00:30:26,500 --> 00:30:28,734
But a lost case
is still a wrong note.

688
00:30:28,734 --> 00:30:31,300
I've never lost a case.

689
00:30:31,300 --> 00:30:33,467
And I'm sure you won't
lose this one.

690
00:30:33,467 --> 00:30:35,033
if that conviction
gets kicked on appeal

691
00:30:35,033 --> 00:30:37,500
because you didn't
recuse yourself, well...

692
00:30:37,500 --> 00:30:38,734
even if you win, you lose.

693
00:30:38,734 --> 00:30:40,033
Does the Attorney General
want me removed?

694
00:30:40,033 --> 00:30:42,033
[cellphone vibrates]
-She just wants you to be right.

695
00:30:42,033 --> 00:30:44,533
You do what you're gonna do,
Chuck. Just be right.

696
00:30:44,533 --> 00:30:45,700
I gotta grab this.

697
00:30:45,700 --> 00:30:48,467
-Yes?
[door opens]

698
00:30:48,467 --> 00:30:50,000
[under breath]
Fucking maestro.

699
00:30:51,567 --> 00:30:54,000
[cellphone vibrates]

700
00:30:55,633 --> 00:30:58,233
[Wags] Get ready
to head to Brooklyn.

701
00:30:58,233 --> 00:30:59,767
Tonight's the night
of your baptism

702
00:30:59,767 --> 00:31:02,367
at the church of Barclays.

703
00:31:02,367 --> 00:31:05,166
Lawrence Boyd has
invited you to his box.

704
00:31:05,166 --> 00:31:07,533
Washed in the blood
of the lamb, baby.

705
00:31:07,533 --> 00:31:08,600
How'd it go down?

706
00:31:08,600 --> 00:31:10,100
Uh, maitre d' at a place I go

707
00:31:10,100 --> 00:31:12,233
had $1,000 on him to tell me
when Boyd came in.

708
00:31:12,233 --> 00:31:16,100
Sent over a '61 Château Latour
and picked up his dinner,

709
00:31:16,100 --> 00:31:17,533
courtesy of Bobby Axelrod.

710
00:31:17,533 --> 00:31:19,734
-Well played.
-I have my moments.

711
00:31:19,734 --> 00:31:22,400
[touchscreen clicks]

712
00:31:22,400 --> 00:31:23,533
[door closes]

713
00:31:23,533 --> 00:31:26,433
[thunder rumbling,
rain falling]

714
00:31:26,433 --> 00:31:30,367
[glasses clatter]

715
00:31:30,367 --> 00:31:33,266
How you holding up?

716
00:31:33,266 --> 00:31:35,400
My lawyer today told me they
don't have a case against me,

717
00:31:35,400 --> 00:31:37,400
but I should still settle.

718
00:31:37,400 --> 00:31:38,600
Can you believe that?

719
00:31:38,600 --> 00:31:39,767
[cellphone clatters]

720
00:31:39,767 --> 00:31:42,166
Yeah.

721
00:31:42,166 --> 00:31:43,367
I'm guessing
you don't mean that

722
00:31:43,367 --> 00:31:44,667
in a "fucking lawyers"
kind of way.

723
00:31:44,667 --> 00:31:47,533
I think you have
the best fucking lawyers.

724
00:31:47,533 --> 00:31:49,700
They know the law
like you know the market.

725
00:31:49,700 --> 00:31:51,333
And if they're giving you
a piece of advice,

726
00:31:51,333 --> 00:31:53,100
I think you should
consider it.

727
00:31:53,100 --> 00:31:56,200
Wow. How does Chuck Rhoades
terrify everybody so much?

728
00:31:56,200 --> 00:31:58,600
I don't give a shit
about Chuck Rhoades.

729
00:31:58,600 --> 00:32:02,266
I care about protecting
this family.

730
00:32:02,266 --> 00:32:04,500
We're gonna be pariahs.

731
00:32:04,500 --> 00:32:07,166
The kids got uninvited
to the Bancroft party,

732
00:32:07,166 --> 00:32:10,166
and nothing's even
happened yet.

733
00:32:10,166 --> 00:32:13,166
So if there is even close
to an easy way out of this,

734
00:32:13,166 --> 00:32:14,433
I hope you would take it.

735
00:32:14,433 --> 00:32:16,033
Since when do I take
the easy way out?

736
00:32:16,033 --> 00:32:18,166
This isn't some stock play.

737
00:32:18,166 --> 00:32:19,700
It's no different.

738
00:32:19,700 --> 00:32:22,100
It's all about
tolerance and risk.

739
00:32:22,100 --> 00:32:24,500
Look, you don't win,
you don't get to where I am

740
00:32:24,500 --> 00:32:26,433
without tolerating
a lot of risk.

741
00:32:26,433 --> 00:32:29,567
We.  Where  we  are.

742
00:32:29,567 --> 00:32:32,400
This is real, Bobby.
You're risking our lives.

743
00:32:32,400 --> 00:32:34,700
You could go to jail.
We could lose everything.

744
00:32:34,700 --> 00:32:36,633
And you can make it
all go away and you won't?

745
00:32:36,633 --> 00:32:38,433
I can't. Not like that.

746
00:32:38,433 --> 00:32:39,567
Why not?

747
00:32:39,567 --> 00:32:41,533
Because I don't get
on bended knee

748
00:32:41,533 --> 00:32:43,066
and pledge fealty
to the king.

749
00:32:43,066 --> 00:32:45,133
It's not who I am.
It's not who you married.

750
00:32:45,133 --> 00:32:47,333
Well, that's just
fucking stupid.

751
00:32:47,333 --> 00:32:49,700
The ground is shifting,
and you don't even see it.

752
00:32:49,700 --> 00:32:51,567
Or you refuse to see it.

753
00:32:51,567 --> 00:32:53,500
But if this were
some stock play,

754
00:32:53,500 --> 00:32:55,200
it wouldn't be about pride.

755
00:32:55,200 --> 00:32:57,200
You'd have already cut
your losses.

756
00:32:57,200 --> 00:32:59,600
Lara, the ground is shifting
because I'm the one moving it.

757
00:32:59,600 --> 00:33:02,500
Lawrence Boyd invited me
to his box today.

758
00:33:02,500 --> 00:33:04,734
That tells the Street,
tells the world,

759
00:33:04,734 --> 00:33:07,333
that my stock, our  stock,
is about to rally

760
00:33:07,333 --> 00:33:09,500
because Spartan-Ives
does not back a loser.

761
00:33:15,467 --> 00:33:16,533
[thunder rumbles]

762
00:33:16,533 --> 00:33:19,000
I gotta go to work.

763
00:33:22,500 --> 00:33:24,166
[door opens]

764
00:33:24,166 --> 00:33:27,200
I know for a fact Garth Sykes
is dumping Axe.

765
00:33:27,200 --> 00:33:29,633
-Mm.
-Moving over to Vista Verde.

766
00:33:29,633 --> 00:33:34,233
So there is blood in the water.
It's a thing of beauty.

767
00:33:34,233 --> 00:33:36,300
I guess the invisible hand
of the market

768
00:33:36,300 --> 00:33:38,367
is, uh,
pushing him off a cliff.

769
00:33:38,367 --> 00:33:41,200
[Chuck Sr.]
I would kill for a window

770
00:33:41,200 --> 00:33:43,667
into the panic
flowing through that place.

771
00:33:43,667 --> 00:33:45,500
Charles, be sensitive.

772
00:33:45,500 --> 00:33:47,033
Axe must take three sessions

773
00:33:47,033 --> 00:33:49,266
just to make it through a day,
huh?

774
00:33:49,266 --> 00:33:51,367
[Ellen] Ugh.
They're Neanderthals.

775
00:33:51,367 --> 00:33:54,633
It's the hormones. It makes
their brains seem small.

776
00:33:54,633 --> 00:33:57,734
It's all right, Ellen.
It is a difficult time.

777
00:33:57,734 --> 00:34:00,367
And it's going to get worse
before it gets better.

778
00:34:05,333 --> 00:34:08,500
I don't understand why
you can't smoke in the house.

779
00:34:08,500 --> 00:34:10,066
I don't smoke.

780
00:34:10,066 --> 00:34:13,333
You're not allowed to,
you mean?

781
00:34:13,333 --> 00:34:14,600
-[sighs]
[dog barking in distance]

782
00:34:14,600 --> 00:34:17,333
I pretty much do
what I want.

783
00:34:18,667 --> 00:34:20,467
[clink]
-Maybe not as much as you.

784
00:34:20,467 --> 00:34:22,266
[dog continues barking]

785
00:34:22,266 --> 00:34:25,667
[lighter strikes]
-Mm.

786
00:34:25,667 --> 00:34:28,667
[barking continues]
-[chuckles]

787
00:34:30,300 --> 00:34:32,633
Getting him to take
the plea deal --

788
00:34:32,633 --> 00:34:35,400
that's the trick.

789
00:34:35,400 --> 00:34:38,100
A big settlement
that'll hurt him,

790
00:34:38,100 --> 00:34:39,533
get him off
of outside money.

791
00:34:39,533 --> 00:34:41,433
What makes you think
I would settle?

792
00:34:41,433 --> 00:34:43,567
My desktop calendar.

793
00:34:43,567 --> 00:34:46,166
A conviction
could take years.

794
00:34:46,166 --> 00:34:48,400
You don't want it to be your
successor that gets the credit.

795
00:34:48,400 --> 00:34:53,100
No, I'll be on the podium
for this.

796
00:34:53,100 --> 00:34:57,567
Son, has your vision
of the future changed?

797
00:34:57,567 --> 00:34:59,700
Or is it just my vision?

798
00:34:59,700 --> 00:35:02,767
Because after -- after that
short squeeze incident...

799
00:35:02,767 --> 00:35:05,266
and I understand that
I put you in a bad position.

800
00:35:05,266 --> 00:35:06,567
I understand that.

801
00:35:06,567 --> 00:35:07,633
[clears throat]

802
00:35:07,633 --> 00:35:11,567
Your performance left me
more convinced than ever

803
00:35:11,567 --> 00:35:14,000
of your greatness.

804
00:35:14,000 --> 00:35:18,433
There is no high office in
the land you could not attain.

805
00:35:18,433 --> 00:35:21,567
-Okay, Dad, I appreciate --
-But if you want that,

806
00:35:21,567 --> 00:35:25,266
you have to think about things
in a certain way.

807
00:35:25,266 --> 00:35:29,033
I didn't when I was younger,
and it cost me.

808
00:35:29,033 --> 00:35:31,567
You can't allow yourself

809
00:35:31,567 --> 00:35:35,667
to get drawn in
to an unwinnable fight.

810
00:35:35,667 --> 00:35:38,367
And I won't.

811
00:35:38,367 --> 00:35:41,100
Victory will be swift, Dad.

812
00:35:41,100 --> 00:35:45,200
No. Be realistic.

813
00:35:45,200 --> 00:35:47,333
This guy is gearing up...

814
00:35:47,333 --> 00:35:49,166
-[sighs deeply]
-...for trench warfare.

815
00:35:49,166 --> 00:35:52,200
♪ dramatic music ♪

816
00:35:52,200 --> 00:35:55,467
[exhales sharply]

817
00:35:55,467 --> 00:35:57,467
You've been talking
to Wendy, haven't you?

818
00:35:57,467 --> 00:36:00,433
♪♪♪

819
00:36:00,433 --> 00:36:03,166
Well, you're the one
who's always telling me

820
00:36:03,166 --> 00:36:06,467
that she has
your best interests at heart.

821
00:36:06,467 --> 00:36:09,367
♪♪♪

822
00:36:15,500 --> 00:36:17,367
What the hell was that?

823
00:36:17,367 --> 00:36:20,367
You've twisted my father
into carrying your water now?

824
00:36:20,367 --> 00:36:23,500
He called.
I told him what I think.

825
00:36:23,500 --> 00:36:25,066
He agreed with me.

826
00:36:25,066 --> 00:36:28,233
That I should settle, huh?

827
00:36:30,767 --> 00:36:33,000
Nice try. [scoffs]

828
00:36:33,000 --> 00:36:36,233
You want me to think that, uh,
you're trying to save your job?

829
00:36:36,233 --> 00:36:37,734
Really, you're trying
to save Axelrod.

830
00:36:37,734 --> 00:36:40,734
I am trying to save you

831
00:36:40,734 --> 00:36:42,633
and  me  and  him...

832
00:36:42,633 --> 00:36:44,633
[clatter]
-and  your father.

833
00:36:47,233 --> 00:36:49,367
Do you trust me?

834
00:36:52,266 --> 00:36:54,000
Just because I trust you

835
00:36:54,000 --> 00:36:57,667
doesn't mean
I think you're right.

836
00:36:57,667 --> 00:37:01,266
Ask me anything.

837
00:37:01,266 --> 00:37:03,667
Are you gonna open up
the book on Axe for me?

838
00:37:03,667 --> 00:37:05,367
The whole way?

839
00:37:05,367 --> 00:37:09,066
-What about the oath?
-What do you want to know?

840
00:37:09,066 --> 00:37:10,333
What's he thinking right now?
What's he doing?

841
00:37:10,333 --> 00:37:12,533
He's looking for a win.

842
00:37:12,533 --> 00:37:15,767
Always. He needs to find
at least a small win

843
00:37:15,767 --> 00:37:18,133
in every endeavor,
every exchange.

844
00:37:18,133 --> 00:37:19,667
What happens
if he can't find one?

845
00:37:19,667 --> 00:37:22,000
Then he'll play
a different game,

846
00:37:22,000 --> 00:37:23,266
with different rules --
ones you don't know,

847
00:37:23,266 --> 00:37:26,066
no one knows, where...

848
00:37:26,066 --> 00:37:28,734
he can make your loss
bigger than his loss.

849
00:37:28,734 --> 00:37:32,133
A lose-lose scenario.
And that doesn't bother him?

850
00:37:32,133 --> 00:37:34,767
Of course it does,
but Axe came from nothing.

851
00:37:34,767 --> 00:37:36,467
So unconsciously, he fears --

852
00:37:36,467 --> 00:37:41,734
No, he may even expect
he'll have nothing again.

853
00:37:41,734 --> 00:37:44,300
-[sighs]
-So he...

854
00:37:44,300 --> 00:37:50,400
loves  to put that same fear
into others,

855
00:37:50,400 --> 00:37:52,367
especially if they're not
familiar with it.

856
00:37:57,033 --> 00:37:58,633
[sighs]

857
00:38:00,133 --> 00:38:02,600
Like the Eads family.

858
00:38:02,600 --> 00:38:04,500
The naming rights?
I heard about that.

859
00:38:04,500 --> 00:38:08,033
But that's just
the part of him I know...

860
00:38:08,033 --> 00:38:10,400
that he's allowed me
to see.

861
00:38:10,400 --> 00:38:12,567
But you know him
better than anybody.

862
00:38:12,567 --> 00:38:16,266
Well, I think I do, but I'm not
really sure anyone can.

863
00:38:20,467 --> 00:38:22,700
He's most likely
ahead of you...

864
00:38:22,700 --> 00:38:24,567
[sighs heavily]

865
00:38:24,567 --> 00:38:26,333
Especially when
it looks like he's not.

866
00:38:26,333 --> 00:38:29,400
And if he does go down,
he will pull you down with him.

867
00:38:29,400 --> 00:38:31,200
I'm not afraid
to prosecute anybody.

868
00:38:31,200 --> 00:38:32,767
Okay, it's not about that.

869
00:38:32,767 --> 00:38:34,533
It's about you being
your alpha self,

870
00:38:34,533 --> 00:38:36,233
not letting him pull you
out of your game.

871
00:38:36,233 --> 00:38:38,767
That's his goal
in all his deals --

872
00:38:38,767 --> 00:38:41,533
get under their skin,
get them to make a mistake.

873
00:38:41,533 --> 00:38:43,734
[sighs deeply]

874
00:38:43,734 --> 00:38:47,767
If this was a different case,
uh, at this stage,

875
00:38:47,767 --> 00:38:50,600
I would pursue
a plea agreement.

876
00:38:50,600 --> 00:38:53,066
You would.

877
00:38:53,066 --> 00:38:55,066
It's a cardinal rule --
you don't trust your career

878
00:38:55,066 --> 00:38:59,133
in the hands of a jury
of 12 random crazy people

879
00:38:59,133 --> 00:39:01,500
who might decide a case
based on a wink and a smile

880
00:39:01,500 --> 00:39:04,133
and not the law,

881
00:39:04,133 --> 00:39:06,500
which they can't fucking
understand in the first place.

882
00:39:06,500 --> 00:39:08,500
[sighs]

883
00:39:08,500 --> 00:39:10,367
♪ tense music ♪

884
00:39:10,367 --> 00:39:12,500
Would he  take a deal?

885
00:39:12,500 --> 00:39:15,233
He'd settle if he thought
it was a win.

886
00:39:15,233 --> 00:39:17,166
If he thought he tricked you,
even better.

887
00:39:17,166 --> 00:39:18,734
The only deal with teeth

888
00:39:18,734 --> 00:39:21,266
would have to take him
out of business forever.

889
00:39:21,266 --> 00:39:22,767
That's the only deal
he would never take.

890
00:39:22,767 --> 00:39:26,400
Would he take a family office?
Would he admit guilt?

891
00:39:26,400 --> 00:39:28,133
Why don't you ask
his lawyer?

892
00:39:28,133 --> 00:39:31,367
No, they have
to come to me.

893
00:39:31,367 --> 00:39:36,200
If they come to me,
then it's on my terms.

894
00:39:36,200 --> 00:39:39,734
I can get him
to come to you.

895
00:39:39,734 --> 00:39:42,567
Are you sure?

896
00:39:42,567 --> 00:39:43,667
I mean... [chuckles]

897
00:39:43,667 --> 00:39:46,600
what if the Axe
we're dealing with now...

898
00:39:46,600 --> 00:39:49,266
What if that's the part of him
you don't  know about?

899
00:39:49,266 --> 00:39:52,333
♪♪♪

900
00:40:02,467 --> 00:40:04,667
[footsteps approach]

901
00:40:07,667 --> 00:40:10,000
What happened?

902
00:40:10,000 --> 00:40:13,066
Well, Lawrence Boyd sent me
the message.

903
00:40:13,066 --> 00:40:16,033
He pissed right in my face.

904
00:40:16,033 --> 00:40:19,000
-[exhales]
[indistinct conversations]

905
00:40:22,166 --> 00:40:24,700
[man] Holy shit. Bobby Axelrod!

906
00:40:24,700 --> 00:40:27,200
Can I get a selfie? I'll get
mad followers on my Instagram.

907
00:40:27,200 --> 00:40:29,066
He didn't show.

908
00:40:29,066 --> 00:40:32,600
The room was full
of 20-year-old dipshits.

909
00:40:32,600 --> 00:40:34,200
It was mailroom night.

910
00:40:36,667 --> 00:40:39,200
[exhales deeply]

911
00:40:39,200 --> 00:40:41,400
Well, what the hell
do we do now?

912
00:40:41,400 --> 00:40:43,500
[crickets chirping]

913
00:40:43,500 --> 00:40:44,667
[Bobby]
It's worse than I thought.

914
00:40:44,667 --> 00:40:46,467
That's why
we're standing here.

915
00:40:46,467 --> 00:40:48,567
I didn't think
it would go like this,

916
00:40:48,567 --> 00:40:52,233
this fast.

917
00:40:52,233 --> 00:40:53,300
What's the counter?

918
00:40:53,300 --> 00:40:54,700
It's easy.

919
00:40:54,700 --> 00:40:58,333
Rhoades is vulnerable,
exposed.

920
00:40:58,333 --> 00:41:01,600
Conflict of interest.

921
00:41:01,600 --> 00:41:03,266
Wendy.

922
00:41:03,266 --> 00:41:06,500
I make it look like
she's involved.

923
00:41:06,500 --> 00:41:09,200
Fraud, embezzlement.

924
00:41:09,200 --> 00:41:10,533
Or maybe she's having
an affair...

925
00:41:10,533 --> 00:41:14,200
with Bill Stearn.

926
00:41:14,200 --> 00:41:17,066
-With you, even.
-[scoffs]

927
00:41:17,066 --> 00:41:19,734
Watch how fast
the case goes away.

928
00:41:21,734 --> 00:41:24,233
I'll let you know.

929
00:41:24,233 --> 00:41:29,200
[indistinct conversations]

930
00:41:29,200 --> 00:41:31,200
He's working
out of the office today.

931
00:41:31,200 --> 00:41:32,567
Will you tell him
I need to talk?

932
00:41:32,567 --> 00:41:34,633
In person.
It's important.

933
00:41:34,633 --> 00:41:37,533
Of course.

934
00:41:37,533 --> 00:41:39,233
You're gonna give him
a deal?

935
00:41:39,233 --> 00:41:40,667
You're gonna
fucking let him walk?

936
00:41:40,667 --> 00:41:43,500
If Axelrod comes to the table,
we'll see what we can get.

937
00:41:43,500 --> 00:41:44,734
It's the smart way to go.

938
00:41:44,734 --> 00:41:48,033
That's not what you said
two days ago. What happened?

939
00:41:48,033 --> 00:41:50,500
I changed my mind.

940
00:41:50,500 --> 00:41:54,233
Y-- Ah, this is fucking Birch
all over again.

941
00:41:54,233 --> 00:41:56,567
I didn't come here
and sacrifice real money

942
00:41:56,567 --> 00:41:57,633
to let these guys write

943
00:41:57,633 --> 00:41:59,600
their own "get out of jail free"
cards.

944
00:41:59,600 --> 00:42:02,300
Was it -- Is that all just
bullshit posturing? Why?!

945
00:42:02,300 --> 00:42:03,767
Because you don't have him!

946
00:42:06,400 --> 00:42:07,767
Give me more time.

947
00:42:07,767 --> 00:42:09,467
[scoffs]

948
00:42:09,467 --> 00:42:12,567
And I will build this case
into a fucking guillotine

949
00:42:12,567 --> 00:42:14,066
and drop the blade.

950
00:42:14,066 --> 00:42:15,500
It's too late.
We went into his house

951
00:42:15,500 --> 00:42:20,367
and, uh...
we shit the bed.

952
00:42:20,367 --> 00:42:23,066
Every day I don't bring
charges, we lose leverage,

953
00:42:23,066 --> 00:42:24,333
and the deal
gets better for him.

954
00:42:24,333 --> 00:42:27,100
So, uh, take the rest
of the day off.

955
00:42:27,100 --> 00:42:28,567
Or better yet,
wait by the phone

956
00:42:28,567 --> 00:42:32,133
for his people
to reach out.

957
00:42:35,000 --> 00:42:37,533
[papers rustling]

958
00:42:37,533 --> 00:42:39,066
[sighs heavily]

959
00:42:39,066 --> 00:42:41,567
[car approaches]

960
00:42:41,567 --> 00:42:43,000
[Hall] Hello, Wendy.

961
00:42:43,000 --> 00:42:46,133
[engine turns off,
door opens]

962
00:42:46,133 --> 00:42:47,500
Have we met?

963
00:42:47,500 --> 00:42:51,133
No. And we still haven't.

964
00:42:51,133 --> 00:42:54,133
If you wanna talk
to him, get in.

965
00:42:54,133 --> 00:42:57,533
♪ tense music ♪

966
00:42:57,533 --> 00:42:58,700
Where are we going?

967
00:42:58,700 --> 00:43:01,567
♪♪♪

968
00:43:08,166 --> 00:43:11,300
[heels clicking]

969
00:43:20,100 --> 00:43:22,700
We have
to take precautions.

970
00:43:22,700 --> 00:43:25,200
There's a protocol.

971
00:43:26,467 --> 00:43:29,567
[water splashing]

972
00:43:33,166 --> 00:43:36,200
♪♪♪

973
00:43:38,200 --> 00:43:41,300
It's been
a weird couple of days.

974
00:43:41,300 --> 00:43:43,433
Yeah.

975
00:43:43,433 --> 00:43:46,633
It's hard to be sure
about anything...

976
00:43:46,633 --> 00:43:48,266
anyone.

977
00:43:48,266 --> 00:43:51,367
I understand.

978
00:43:51,367 --> 00:43:55,600
I need to understand
something, too.

979
00:43:55,600 --> 00:43:59,200
That's why we're
sitting here like this.

980
00:43:59,200 --> 00:44:00,400
No one listening but us.

981
00:44:04,000 --> 00:44:08,033
Have I won your trust?

982
00:44:08,033 --> 00:44:10,200
What do you want
to understand?

983
00:44:10,200 --> 00:44:13,734
Why are you sticking around?

984
00:44:15,467 --> 00:44:17,734
[exhales]

985
00:44:17,734 --> 00:44:20,734
I am interested in what
that question means to you.

986
00:44:20,734 --> 00:44:22,567
I wanna know --

987
00:44:22,567 --> 00:44:27,667
No, I know, I...
you just wanna hear my answer.

988
00:44:27,667 --> 00:44:32,467
I'm not gonna tell you
I'm staying because you need me.

989
00:44:32,467 --> 00:44:35,500
Even though you do,
more than ever.

990
00:44:35,500 --> 00:44:37,433
And I'm not gonna tell you
I'm here for my patients

991
00:44:37,433 --> 00:44:41,066
or because I love my job,
even though I do love my job.

992
00:44:41,066 --> 00:44:45,033
And your collection
of insecure egomaniacs

993
00:44:45,033 --> 00:44:46,500
would lose a billion a year

994
00:44:46,500 --> 00:44:49,100
if I didn't keep
their heads straight.

995
00:44:49,100 --> 00:44:53,433
And I am not going to tell you
I'm here spying for Chuck,

996
00:44:53,433 --> 00:44:57,567
Because you know that's
total fucking nonsense.

997
00:45:01,367 --> 00:45:02,667
The answer...

998
00:45:05,200 --> 00:45:09,533
My answer is,
I'm here for me.

999
00:45:09,533 --> 00:45:12,233
Because I built this company
just as much as you did.

1000
00:45:12,233 --> 00:45:14,367
That's a bold statement.

1001
00:45:14,367 --> 00:45:17,000
That's a true statement.

1002
00:45:17,000 --> 00:45:19,600
I put you back together again

1003
00:45:19,600 --> 00:45:22,066
when your whole world burned.

1004
00:45:22,066 --> 00:45:26,367
♪♪♪

1005
00:45:26,367 --> 00:45:30,100
And I found meaning in that.

1006
00:45:30,100 --> 00:45:32,000
I still do.

1007
00:45:32,000 --> 00:45:34,133
I'm not...

1008
00:45:34,133 --> 00:45:37,667
happy here, not always.
Not...now.

1009
00:45:41,133 --> 00:45:44,400
But meaning matters more
to me than happiness.

1010
00:45:44,400 --> 00:45:49,500
And I am in this water

1011
00:45:49,500 --> 00:45:51,100
because I don't want to
see you throw it all anyway

1012
00:45:51,100 --> 00:45:52,166
when you don't have to.

1013
00:45:52,166 --> 00:45:54,333
I know.

1014
00:45:57,567 --> 00:45:59,433
And I don't want us
to lose you.

1015
00:46:06,100 --> 00:46:10,567
[sighs]

1016
00:46:10,567 --> 00:46:13,500
I wanna make a deal.
Will he make one?

1017
00:46:13,500 --> 00:46:15,767
-Yes.
-Will I be able to live with it?

1018
00:46:19,300 --> 00:46:21,567
That's up to you.

1019
00:46:21,567 --> 00:46:23,667
That has nothing to do
with the deal.

1020
00:46:23,667 --> 00:46:28,033
♪♪♪

1021
00:46:31,333 --> 00:46:34,233
[footsteps approach]

1022
00:46:38,200 --> 00:46:40,433
How do you feel?

1023
00:46:40,433 --> 00:46:42,200
Like somebody else. [sighs]

1024
00:46:42,200 --> 00:46:44,600
[shoe clatters]

1025
00:46:44,600 --> 00:46:46,433
What am I
gonna say about it?

1026
00:46:46,433 --> 00:46:49,567
-[clicks tongue]
[shoe clatters]

1027
00:46:49,567 --> 00:46:52,266
That I did the right thing.
[sighs]

1028
00:46:52,266 --> 00:46:54,266
[rubs palms]

1029
00:46:54,266 --> 00:46:56,400
[exhales]

1030
00:46:56,400 --> 00:46:58,667
For all of us.

1031
00:47:06,734 --> 00:47:09,166
Adam, hi.

1032
00:47:09,166 --> 00:47:13,233
Uh, just wanted to thank you
for stopping by the other day.

1033
00:47:13,233 --> 00:47:17,367
I thought about what you said,
and I'm not gonna recuse myself.

1034
00:47:17,367 --> 00:47:20,233
Well, that's unfortunate.

1035
00:47:20,233 --> 00:47:22,200
I believe the Greeks
call that hamartia.

1036
00:47:22,200 --> 00:47:23,700
[chuckles] I disagree,

1037
00:47:23,700 --> 00:47:26,400
because I'm not gonna lose,
and there will not be an appeal.

1038
00:47:26,400 --> 00:47:29,100
Axelrod surrendered.

1039
00:47:29,100 --> 00:47:30,367
What? A deal?

1040
00:47:30,367 --> 00:47:32,367
Mm-hmm. Yeah, we have
a deal on the table,

1041
00:47:32,367 --> 00:47:36,333
a termination, a plea,
and $1.9 billion.

1042
00:47:36,333 --> 00:47:38,000
[mouths word]

1043
00:47:38,000 --> 00:47:40,367
Biggest insider fine
ever paid.

1044
00:47:40,367 --> 00:47:42,200
Anyway, thanks again.

1045
00:47:42,200 --> 00:47:44,033
Give my regards
to the maestro.

1046
00:47:44,033 --> 00:47:46,467
[knuckles tap desk]
-You got it, Chuck. Good job.

1047
00:47:46,467 --> 00:47:47,633
[button clicks]

1048
00:47:47,633 --> 00:47:49,533
[touchscreen clicks]

1049
00:47:49,533 --> 00:47:51,166
-[chuckles]
[intercom beeps]

1050
00:47:51,166 --> 00:47:54,233
[Donna] Your father's still
holding on the other line.

1051
00:47:54,233 --> 00:47:57,300
[cellphone clatters]

1052
00:47:57,300 --> 00:47:59,066
Dad, hello.

1053
00:47:59,066 --> 00:48:02,567
Chuckie boy, I heard.
I heard you took him down.

1054
00:48:02,567 --> 00:48:06,266
I'm, uh, I'm smoking a cigar
for you right now...

1055
00:48:06,266 --> 00:48:07,700
as soon as I get outside.

1056
00:48:07,700 --> 00:48:09,433
I'm not supposed to
in the house now that

1057
00:48:09,433 --> 00:48:10,700
your mother heard
Wendy's rule.

1058
00:48:10,700 --> 00:48:13,600
[glass clinks]
-But congratulations!

1059
00:48:13,600 --> 00:48:15,500
Yeah, we're quite happy
with the terms.

1060
00:48:15,500 --> 00:48:17,433
-Well, it's the smart play.
-Yeah.

1061
00:48:17,433 --> 00:48:19,600
[laughs] And even as a kid,
you would never get into a fight

1062
00:48:19,600 --> 00:48:21,600
unless you knew
you could win it.

1063
00:48:21,600 --> 00:48:25,667
Oh, do you remember
that Mintz boy?

1064
00:48:25,667 --> 00:48:27,500
He was a head taller
than you,

1065
00:48:27,500 --> 00:48:29,100
probably could've
made you eat dirt.

1066
00:48:29,100 --> 00:48:32,166
And he left that ball field
thinking you were best friends.

1067
00:48:32,166 --> 00:48:33,400
Okay, Dad, I gotta go.

1068
00:48:33,400 --> 00:48:36,166
And then I made sure
he didn't get into Dalton.

1069
00:48:36,166 --> 00:48:37,533
Goodbye!

1070
00:48:37,533 --> 00:48:39,033
[receiver clatters]

1071
00:48:41,166 --> 00:48:43,000
Highest fucking fine
ever levied --

1072
00:48:43,000 --> 00:48:44,734
$1.9 billion.

1073
00:48:44,734 --> 00:48:46,066
[Orrin] We got everything
we wanted.

1074
00:48:46,066 --> 00:48:47,567
Family office. Sure.

1075
00:48:47,567 --> 00:48:48,734
-Yeah.
-That's worse

1076
00:48:48,734 --> 00:48:51,133
-than the fucking fine.
[door closes]

1077
00:48:51,133 --> 00:48:53,567
The money I can get back,
but not my name.

1078
00:48:53,567 --> 00:48:55,467
We'll petition
for reinstatement,

1079
00:48:55,467 --> 00:48:59,166
after Rhoades leaves, after
the White House turns over.

1080
00:48:59,166 --> 00:49:00,433
We'll get it.

1081
00:49:00,433 --> 00:49:03,500
You'll be managing outside money
again within five years.

1082
00:49:03,500 --> 00:49:07,433
That's five years
I'll never get back.

1083
00:49:07,433 --> 00:49:08,567
Where's the silverware?

1084
00:49:08,567 --> 00:49:11,300
No, it's, uh,
it's Ethiopian.

1085
00:49:11,300 --> 00:49:15,033
I got you extra injera,
and, uh, you use your hands.

1086
00:49:18,567 --> 00:49:22,166
This is an opportunity
to be here with us.

1087
00:49:22,166 --> 00:49:24,367
Step it up, Ben Kim.

1088
00:49:24,367 --> 00:49:26,600
Step...it...up.

1089
00:49:26,600 --> 00:49:29,367
Sorry. I'll go --
I'll go get some.

1090
00:49:29,367 --> 00:49:31,333
You have it?

1091
00:49:31,333 --> 00:49:33,467
[door closes]
-Right here.

1092
00:49:41,467 --> 00:49:43,066
[inhales sharply]

1093
00:49:43,066 --> 00:49:47,367
♪ pensive music♪

1094
00:49:47,367 --> 00:49:48,633
[pen clicks]

1095
00:49:51,467 --> 00:49:54,200
Uh...there's one other thing.

1096
00:49:54,200 --> 00:49:56,233
I do not like other things.

1097
00:49:56,233 --> 00:50:00,066
I sensed a possible waffle
on the specifics of the plea.

1098
00:50:00,066 --> 00:50:02,233
Connerty did commit
to a no guilty plea

1099
00:50:02,233 --> 00:50:05,467
but said he would have
to reconfirm with Rhoades.

1100
00:50:05,467 --> 00:50:07,367
What could they come with?

1101
00:50:07,367 --> 00:50:10,600
At worst, the company will have
to plead guilty to conspiracy.

1102
00:50:10,600 --> 00:50:12,667
-Fuck.
-Penalty is the same.

1103
00:50:12,667 --> 00:50:14,500
An admission of guilt?

1104
00:50:17,166 --> 00:50:20,467
If they put that
in front of me tomorrow,

1105
00:50:20,467 --> 00:50:22,767
I don't think I can sign it.

1106
00:50:22,767 --> 00:50:24,700
[sighs]

1107
00:50:24,700 --> 00:50:27,367
♪♪♪

1108
00:50:27,367 --> 00:50:30,166
[sighs]

1109
00:50:30,166 --> 00:50:32,033
[inhales deeply]

1110
00:50:35,233 --> 00:50:36,567
[whispers]
It's gonna be okay.

1111
00:50:36,567 --> 00:50:39,133
Mm. [sighs]

1112
00:50:39,133 --> 00:50:42,000
♪♪♪

1113
00:50:49,133 --> 00:50:50,734
[ice cubes rattle]

1114
00:50:50,734 --> 00:50:53,133
♪♪♪

1115
00:51:03,467 --> 00:51:06,266
[door opens]

1116
00:51:06,266 --> 00:51:08,433
They're coming up.

1117
00:51:08,433 --> 00:51:12,266
♪ tense music ♪

1118
00:51:28,133 --> 00:51:30,166
You've been briefed
by your lawyers, Mr. Axelrod.

1119
00:51:30,166 --> 00:51:33,200
We'll try to get you out of here
as soon as possible.

1120
00:51:33,200 --> 00:51:36,667
"As part of the proposed
global resolution,

1121
00:51:36,667 --> 00:51:39,633
the defendant agrees to
an aggregate financial penalty

1122
00:51:39,633 --> 00:51:42,300
of $1.9 billion.

1123
00:51:42,300 --> 00:51:45,500
To the termination of their
investment advisory business

1124
00:51:45,500 --> 00:51:47,633
and...

1125
00:51:47,633 --> 00:51:51,300
the company agrees to plead
guilty to conspiracy."

1126
00:51:51,300 --> 00:51:52,600
[file drops on table]

1127
00:51:52,600 --> 00:51:57,433
♪♪♪

1128
00:52:00,300 --> 00:52:02,367
Do we have a deal,
Mr. Axelrod?

1129
00:52:02,367 --> 00:52:07,166
[inhales deeply]

1130
00:52:07,166 --> 00:52:10,633
♪♪♪

1131
00:52:15,734 --> 00:52:18,567
Okay.

1132
00:52:18,567 --> 00:52:21,066
Okay.

1133
00:52:21,066 --> 00:52:23,700
Axe Capital accepts
such a penalty as

1134
00:52:23,700 --> 00:52:26,166
fair, reasonable, and adequate
within the limitations

1135
00:52:26,166 --> 00:52:28,734
Congress has imposed
on federal regulators

1136
00:52:28,734 --> 00:52:31,166
to recover investor losses.

1137
00:52:31,166 --> 00:52:34,600
Bryan... [exhales deeply]

1138
00:52:34,600 --> 00:52:38,433
didn't he say that
he would never settle?

1139
00:52:38,433 --> 00:52:40,467
That's what he's been saying.

1140
00:52:40,467 --> 00:52:42,734
You know, out there,
you guys always talk so tough,

1141
00:52:42,734 --> 00:52:46,133
but you always end up
in here.

1142
00:52:46,133 --> 00:52:48,633
Why is that?

1143
00:52:48,633 --> 00:52:51,633
Because he knows he's a crook.

1144
00:52:51,633 --> 00:52:54,033
Innocent people would never
take a hit like that.

1145
00:52:54,033 --> 00:52:55,667
Beyond the pale.
My client --

1146
00:52:55,667 --> 00:52:57,633
You got me, Rhoades.

1147
00:52:57,633 --> 00:52:59,600
$1.9 billion.

1148
00:52:59,600 --> 00:53:02,100
It's gonna hurt.

1149
00:53:02,100 --> 00:53:04,367
But not -- not like
a shark bite.

1150
00:53:04,367 --> 00:53:06,633
It's more like a...what?
A bee sting.

1151
00:53:06,633 --> 00:53:10,100
Bee sting? No, that hurts.
More like a horse-fly.

1152
00:53:10,100 --> 00:53:11,667
[Bobby] One of those
little green horse-flies?

1153
00:53:11,667 --> 00:53:13,100
Yeah, a nasty nip.

1154
00:53:13,100 --> 00:53:15,367
No, more like an ant.
Like a red ant.

1155
00:53:15,367 --> 00:53:20,000
Yeah, yeah. Stings for a minute
but doesn't ruin the picnic.

1156
00:53:20,000 --> 00:53:23,000
"Plea Agreement is subject
to judicial approval,

1157
00:53:23,000 --> 00:53:25,200
pursuant to
Rule 11(c) (1) (C)

1158
00:53:25,200 --> 00:53:28,233
of the Federal Rules
of Criminal Procedure."

1159
00:53:28,233 --> 00:53:30,567
Actually, it's good
to get past this stuff.

1160
00:53:30,567 --> 00:53:32,333
You know, just get it
out of the way.

1161
00:53:32,333 --> 00:53:35,000
And we can make that $1.9 back
in, what, eight months?

1162
00:53:35,000 --> 00:53:36,734
Six.

1163
00:53:36,734 --> 00:53:39,266
The termination of Axe Capital's
advisory business

1164
00:53:39,266 --> 00:53:42,000
closes the fund
to outside investors.

1165
00:53:42,000 --> 00:53:46,400
Yeah, you can score that one for
the superstars over at the SEC.

1166
00:53:46,400 --> 00:53:47,734
As a family office,

1167
00:53:47,734 --> 00:53:50,467
Mr. Axelrod can invest
his personal assets --

1168
00:53:50,467 --> 00:53:53,000
No.

1169
00:53:53,000 --> 00:53:56,133
No family office.

1170
00:53:56,133 --> 00:53:57,266
Lifetime ban.

1171
00:54:06,667 --> 00:54:08,600
Put the money in a trust, fine.

1172
00:54:08,600 --> 00:54:11,100
but you never
trade securities again.

1173
00:54:11,100 --> 00:54:14,000
♪♪♪

1174
00:54:14,000 --> 00:54:17,367
Not for institutions,
not for individual investors,

1175
00:54:17,367 --> 00:54:19,333
not even for yourself.

1176
00:54:19,333 --> 00:54:22,200
♪♪♪

1177
00:54:31,700 --> 00:54:33,433
[check rips]

1178
00:54:33,433 --> 00:54:37,700
♪ dramatic music ♪

1179
00:54:37,700 --> 00:54:40,567
[door opens]

1180
00:54:40,567 --> 00:54:43,433
♪♪♪

1181
00:54:48,233 --> 00:54:50,500
-[chuckles]
[door closes]

1182
00:54:50,500 --> 00:54:52,734
What the fuck
just happened?

1183
00:54:55,400 --> 00:54:56,734
[ Metallica's
"Master of Puppets" playing ]

1184
00:54:56,734 --> 00:55:01,367
♪ End of passion play
crumbling away ♪

1185
00:55:01,367 --> 00:55:05,333
♪ I'm your source
of self-destruction... ♪

1186
00:55:05,333 --> 00:55:07,667
-Pull over.
-♪ Veins that pump with fear ♪

1187
00:55:07,667 --> 00:55:09,767
[tires screech]
-♪ Sucking darkest clear ♪

1188
00:55:09,767 --> 00:55:12,333
♪ Leading on
your death's construction ♪

1189
00:55:12,333 --> 00:55:13,633
[engine revving]

1190
00:55:13,633 --> 00:55:16,100
♪ Taste me, you will see ♪

1191
00:55:16,100 --> 00:55:18,133
♪ More is all you need ♪

1192
00:55:18,133 --> 00:55:20,300
-♪ Dedicated to ♪
[tires screech]

1193
00:55:20,300 --> 00:55:22,734
-♪ How I'm killing you ♪
[horn blares]

1194
00:55:22,734 --> 00:55:26,734
♪♪♪

1195
00:55:26,734 --> 00:55:29,767
♪ Come crawling faster ♪

1196
00:55:29,767 --> 00:55:31,166
♪♪♪

1197
00:55:31,166 --> 00:55:34,066
♪ Obey your master ♪

1198
00:55:34,066 --> 00:55:35,734
♪♪♪

1199
00:55:35,734 --> 00:55:38,600
♪ Your life burns faster ♪

1200
00:55:38,600 --> 00:55:40,433
♪♪♪

1201
00:55:40,433 --> 00:55:42,600
-♪ Obey your master ♪
[door opens]

1202
00:55:42,600 --> 00:55:45,767
[water running, glass clinks]

1203
00:55:48,533 --> 00:55:49,667
I heard.

1204
00:55:52,400 --> 00:55:55,100
How did it happen?

1205
00:55:55,100 --> 00:55:59,100
The moment came and, uh,
Axe blew a gasket.

1206
00:55:59,100 --> 00:56:02,166
[clicks tongue] Took down
the whole meeting.

1207
00:56:02,166 --> 00:56:04,133
Tore the check up
into tiny pieces.

1208
00:56:04,133 --> 00:56:08,266
I thought he might trash
the room on his way out.

1209
00:56:08,266 --> 00:56:11,266
Christ.

1210
00:56:11,266 --> 00:56:14,633
[bottle clinks]
-We're back to this.

1211
00:56:14,633 --> 00:56:16,367
No, it's fucking worse.

1212
00:56:16,367 --> 00:56:20,033
I c-- I can't...
live in the middle.

1213
00:56:20,033 --> 00:56:23,133
You -- you won't.

1214
00:56:23,133 --> 00:56:27,000
I've decided, for the good
of our marriage,

1215
00:56:27,000 --> 00:56:30,767
I'm not gonna be a part
of the case going forward.

1216
00:56:30,767 --> 00:56:33,133
-Really?
-Mm-hmm.

1217
00:56:33,133 --> 00:56:35,300
I've recused myself.

1218
00:56:35,300 --> 00:56:37,667
[whispers] I already
notified Washington.

1219
00:56:39,667 --> 00:56:43,133
-I am proud of you.
-Mm.

1220
00:56:43,133 --> 00:56:45,700
Looking past yourself.

1221
00:56:45,700 --> 00:56:47,133
-Seeing the bigger picture.
-[kissing]

1222
00:56:47,133 --> 00:56:48,266
Five years ago,
you wouldn't have.

1223
00:56:48,266 --> 00:56:52,367
That...is substantial
fucking growth.

1224
00:56:52,367 --> 00:56:56,000
[blouse rips]
-[gasps]

1225
00:56:56,000 --> 00:56:57,433
Mmm.

1226
00:57:09,066 --> 00:57:12,700
I gotta go walk the dog.

1227
00:57:12,700 --> 00:57:14,033
Mm.

1228
00:57:16,166 --> 00:57:17,433
[whispers] I'll be back.

1229
00:57:21,567 --> 00:57:23,066
[panting]

1230
00:57:23,066 --> 00:57:24,700
[Chuck] Thanks for
coming out so late.

1231
00:57:24,700 --> 00:57:27,000
Always.

1232
00:57:27,000 --> 00:57:29,233
[chuckles] You're a goddamn hero

1233
00:57:29,233 --> 00:57:30,700
for standing up
to those pricks today.

1234
00:57:30,700 --> 00:57:33,200
[chuckles] Okay.

1235
00:57:33,200 --> 00:57:36,166
You can count on me
to finish what you started.

1236
00:57:36,166 --> 00:57:38,200
I'm all in.

1237
00:57:38,200 --> 00:57:39,500
And I'm gonna put
a hurt on him

1238
00:57:39,500 --> 00:57:41,033
that he can't buy
his way out of.

1239
00:57:41,033 --> 00:57:43,200
Good. I want you
to keep me in the loop

1240
00:57:43,200 --> 00:57:45,100
about what you're doing.

1241
00:57:45,100 --> 00:57:48,166
But you're recusing yourself.

1242
00:57:48,166 --> 00:57:50,400
I'm still gonna need you
to keep me informed.

1243
00:57:50,400 --> 00:57:53,100
Then you're not
really recused.

1244
00:57:53,100 --> 00:57:57,100
I am. Officially.

1245
00:57:57,100 --> 00:57:59,100
There can't be
any trail back to me.

1246
00:57:59,100 --> 00:58:01,433
No documents, no e-mail chains,
no witnesses.

1247
00:58:01,433 --> 00:58:03,300
We only talk
behind closed doors.

1248
00:58:03,300 --> 00:58:05,367
I can handle this case
on my own.

1249
00:58:05,367 --> 00:58:07,767
Of course you can,
but the gloves are off.

1250
00:58:07,767 --> 00:58:12,000
We do whatever it takes.

1251
00:58:12,000 --> 00:58:14,767
["Master of Puppets"
resumes playing]

1252
00:58:17,066 --> 00:58:20,600
♪ Master of puppets,
I'm pulling your strings ♪

1253
00:58:20,600 --> 00:58:24,600
♪ Twisting your mind
and smashing your dreams ♪

1254
00:58:24,600 --> 00:58:27,700
♪ Blinded by me,
you can't see a thing ♪

1255
00:58:27,700 --> 00:58:30,767
♪ Just call my name
'cause I'll hear you scream ♪

1256
00:58:30,767 --> 00:58:31,767
♪ Master ♪

1257
00:58:31,767 --> 00:58:33,533
♪ Master ♪

1258
00:58:33,533 --> 00:58:37,100
♪ Just call my name
'cause I'll hear you scream ♪

1259
00:58:37,100 --> 00:58:38,100
♪ Master ♪

1260
00:58:38,100 --> 00:58:39,467
♪ Master ♪

1261
00:58:39,467 --> 00:58:42,433
[speed metal guitar solo
playing]

1262
00:58:50,467 --> 00:58:55,367
♪♪♪

1263
00:58:55,367 --> 00:58:56,667
[woman] Mm.