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00:00:13,370 --> 00:00:25,000
Retailrip and sync by:
- RuBricK -
www.NorSub.com
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00:00:30,447 --> 00:00:32,407
One siIk handkerchief.
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00:00:34,076 --> 00:00:35,118
One necktie.
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One watch.
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One ring.
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One goId money cIip with no money in it.
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And one mobiIe phone.
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00:01:06,024 --> 00:01:09,027
Fifty cents a day,
minus what you spent inside,
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00:01:09,152 --> 00:01:10,946
and a train ticket to the Big AppIe.
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00:01:11,071 --> 00:01:13,657
Good Iuck, Gekko, and don't come back.
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00:01:14,658 --> 00:01:17,911
You want to know
what the mother of all bubbles was?
12
00:01:18,537 --> 00:01:21,248
lt came out of nowhere. By chance.
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00:01:21,373 --> 00:01:22,958
-How many you got, Mac?
-Five.
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00:01:23,083 --> 00:01:25,711
They called it the Cambrian Explosion.
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00:01:25,836 --> 00:01:28,088
lt happened around 530 million years ago.
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00:01:28,255 --> 00:01:29,298
Open the gate!
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00:01:29,423 --> 00:01:33,886
And over the next 70, 80 million years,
the rate of evolution accelerated so fast
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that we came along.
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00:01:37,055 --> 00:01:38,557
The human race.
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They still can't explain how that happened,
except that it happened.
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Here he is!
22
00:01:58,202 --> 00:01:59,203
Daddy!
23
00:02:12,966 --> 00:02:15,302
Some people say it was by chance,
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00:02:16,512 --> 00:02:18,013
others, design.
25
00:02:20,098 --> 00:02:21,850
But who really knows?
26
00:04:29,853 --> 00:04:30,979
Stop sIeeping.
27
00:04:31,104 --> 00:04:32,814
You mean "wake up."
28
00:04:32,940 --> 00:04:36,235
"Wake up" is positive.
"Stop sIeeping" is a negative.
29
00:04:37,861 --> 00:04:39,738
Either way,
it's not my favorite part of the day.
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00:04:39,863 --> 00:04:42,074
It's the best part of the day.
31
00:04:42,449 --> 00:04:47,412
I feeI bad for anybody who feeIs that way.
It means their day can't get any better.
32
00:04:48,121 --> 00:04:51,166
You go to bed too Iate.
You don't sIeep enough.
33
00:04:54,503 --> 00:04:56,755
What's going on with you today?
34
00:04:57,506 --> 00:04:59,007
Did I teII you, or did you forget?
35
00:04:59,800 --> 00:05:02,010
I'm going to Washington for the week.
36
00:05:02,135 --> 00:05:03,303
Yeah. New site, right?
37
00:05:03,887 --> 00:05:05,013
We're Iaunching in 10 days,
38
00:05:05,138 --> 00:05:06,765
so the whoIe site's down
starting tomorrow.
39
00:05:06,890 --> 00:05:09,685
What are aII those angry IiberaIs
going to do without their daiIy fix, baby?
40
00:05:09,810 --> 00:05:13,105
You're just as IiberaI as they are,
Mr. Green Energy.
41
00:05:13,272 --> 00:05:15,899
No, no, no.
The onIy green is money, honey.
42
00:05:16,024 --> 00:05:18,819
You're so WaII Street, it makes me sick.
43
00:05:19,152 --> 00:05:22,447
-Baby, come here.
-No. What did I ever see in you?
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00:05:22,573 --> 00:05:23,699
-Come here.
-No.
45
00:05:23,824 --> 00:05:25,200
My next guest, Gordon Gekko,
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00:05:25,325 --> 00:05:27,744
was one of the biggest names
on Wall Street in the '80s
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00:05:27,870 --> 00:05:31,373
before he went to prison
for insider trading and securities fraud.
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00:05:31,498 --> 00:05:34,293
He's out with a new book,
and it is a shocker, believe me.
49
00:05:34,418 --> 00:05:36,587
lt is called Is Greed Good?
50
00:05:36,712 --> 00:05:39,548
The man himself is here with us.
Gordon, good to have you on the program.
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00:05:39,673 --> 00:05:41,216
Thank you, Maria. lt's nice to be out.
52
00:05:41,341 --> 00:05:42,885
-Turn it off.
-One sec.
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00:05:43,010 --> 00:05:45,345
And l must tell you,
your show is a big, big hit in the can.
54
00:05:46,763 --> 00:05:48,557
You watched it in prison?
55
00:05:48,682 --> 00:05:49,683
Your show?
56
00:05:50,434 --> 00:05:52,561
Me and a whole lot of others.
57
00:05:53,145 --> 00:05:54,813
You wrote the book in prison?
58
00:05:54,938 --> 00:05:57,149
l did. l outlined my drafts...
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00:06:00,360 --> 00:06:02,070
I'm taking a shower.
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00:06:40,192 --> 00:06:41,818
See you next week.
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00:06:42,611 --> 00:06:43,987
Good Iuck in Washington.
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00:07:03,715 --> 00:07:05,217
-HeIIo?
-Jacob.
63
00:07:05,342 --> 00:07:06,343
Dr. Masters.
64
00:07:06,468 --> 00:07:08,387
Good morning, sir.
Don't you get any sIeep?
65
00:07:08,512 --> 00:07:12,266
Jacob, it happened.
As cIose as we've come to burn yet.
66
00:07:12,391 --> 00:07:13,767
Really? How many lasers?
67
00:07:13,892 --> 00:07:17,896
We fired 72 this morning,
and we're going to go for 96 next week.
68
00:07:18,021 --> 00:07:20,732
That's fantastic.
That's a game changer, Doc.
69
00:07:20,858 --> 00:07:23,944
So Iet me guess, it means we're pushing
the pace, right? You need more money?
70
00:07:24,069 --> 00:07:27,281
WeII, it'd be good
if we couId get another $100 miIIion.
71
00:07:27,406 --> 00:07:30,659
We couId pick up
maybe six months on our scheduIe.
72
00:07:30,993 --> 00:07:32,494
A hundred miIIion doIIars?
73
00:07:33,036 --> 00:07:35,664
As Iong as the price of oiI stays high,
we'II get the money.
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00:07:35,789 --> 00:07:37,541
That wouId be nice. That wouId be nice.
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00:07:37,749 --> 00:07:41,420
Because The Foundation says that they're
having some probIems in the markets...
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00:07:41,545 --> 00:07:43,463
You don't worry about that, though,
okay, Doc?
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00:07:43,589 --> 00:07:46,341
You just keep buiIding
that baby star, okay?
78
00:07:46,466 --> 00:07:50,012
Okay. Thank you, Jacob. Thank you.
79
00:07:50,137 --> 00:07:52,306
AII right, I'II taIk to you soon.
80
00:08:30,928 --> 00:08:33,013
Hydra Offshore.
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00:08:33,138 --> 00:08:35,682
Let me repeat this again.
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00:08:35,807 --> 00:08:39,728
A huge deep-sea expIoration pIay
off the coast of EquatoriaI Guinea.
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00:08:39,853 --> 00:08:42,022
That's an oiI fieId
that's bareIy been touched.
84
00:08:42,147 --> 00:08:46,985
Remember, the stock's trading
roughIy 31 % off the 52-week high
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00:08:47,110 --> 00:08:50,781
and it's part owned and funded
by none other than, guess who.
86
00:08:51,114 --> 00:08:52,324
ChurchiII Schwartz.
87
00:08:52,449 --> 00:08:54,868
So we know they won't Iet
anything too bad happen here.
88
00:08:54,993 --> 00:08:57,162
My suggestion is that we get aggressive.
89
00:08:57,287 --> 00:08:58,789
-Agreed?
-Yeah.
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00:08:59,873 --> 00:09:01,124
We aII agree?
91
00:09:01,500 --> 00:09:03,460
Ed, what do you think?
92
00:09:03,585 --> 00:09:05,504
I don't agree. Maybe it's just me.
93
00:09:05,629 --> 00:09:08,006
EquatoriaI Guinea's
a pretty tough dictatorship.
94
00:09:08,131 --> 00:09:09,925
This guy's aIready nationaIized
the goId and diamond mines.
95
00:09:10,050 --> 00:09:11,051
So what's your point?
96
00:09:11,176 --> 00:09:12,177
I just don't think it's a risk our desk
97
00:09:12,302 --> 00:09:14,179
shouId be taking right now, that's aII.
I'd wait.
98
00:09:14,346 --> 00:09:15,430
-Wait? Wait for what?
-Yeah.
99
00:09:15,556 --> 00:09:17,182
Your "Beam me up, Scottie"
hydrogen fusion deaI?
100
00:09:17,307 --> 00:09:20,018
Now you're taIking about something eIse.
It's United Fusion Corporation, Stan.
101
00:09:20,143 --> 00:09:21,186
Come on. It's appIes and oranges.
102
00:09:21,311 --> 00:09:22,312
-ReaIIy?
-Yeah.
103
00:09:22,479 --> 00:09:26,108
You mean the deaI that we aIready sank
$50 miIIion into, Mr. Brainiac?
104
00:09:26,233 --> 00:09:29,486
AIternative energy
is what biotech was 15 years ago, Stan.
105
00:09:29,820 --> 00:09:30,988
Come on. You were young once.
You know that.
106
00:09:31,113 --> 00:09:32,906
Profits aren't quarterIy.
The runs couId be huge.
107
00:09:33,031 --> 00:09:35,784
We'II aII be dead by the time
your nutty professor makes us any money.
108
00:09:35,909 --> 00:09:39,037
Right, this coming from the guy
who said GoogIe was a bubbIe.
109
00:09:40,789 --> 00:09:44,168
Anyway. Hydra Offshore.
110
00:09:44,334 --> 00:09:48,088
It's priced right for us to make
three to five times on our money.
111
00:09:48,213 --> 00:09:50,465
And better yet, what we aII Iove the most.
112
00:09:51,091 --> 00:09:52,342
Big year-end bonuses.
113
00:09:56,054 --> 00:09:58,223
Let's go! Let's go! Let's make some dough!
114
00:09:58,348 --> 00:09:59,391
What's up? You good?
115
00:10:11,904 --> 00:10:14,198
I can't! It's not up to me.
116
00:10:14,323 --> 00:10:18,493
Maybe I can do it, maybe I can't do it.
PeopIe are teIIing me something.
117
00:10:18,619 --> 00:10:21,330
Jesus! Harry, you gave me your word.
118
00:10:21,455 --> 00:10:23,040
You know I know!
119
00:10:25,125 --> 00:10:26,585
You okay, Lou?
120
00:10:28,003 --> 00:10:31,965
Good day, I'm okay. Bad day, I'm okay.
What's the difference?
121
00:10:33,592 --> 00:10:35,719
Do me a favor.
Don't ask me dumb questions.
122
00:10:36,136 --> 00:10:37,304
You wanted to see me?
123
00:10:37,429 --> 00:10:39,181
Steve, stay on top of Harry, okay?
124
00:10:39,306 --> 00:10:41,642
-He's driving me crazy.
-You got it, boss.
125
00:10:43,435 --> 00:10:44,478
FoIIow me.
126
00:10:50,859 --> 00:10:51,902
Why?
127
00:10:52,027 --> 00:10:54,321
That's some "Thank you."
What do you want, a kiss, too?
128
00:10:54,446 --> 00:10:56,865
I thought maybe the news out of London
wouId've wrecked the mood.
129
00:10:56,990 --> 00:10:59,117
London? Don't teII me London.
130
00:10:59,243 --> 00:11:03,622
I take a Iook at their sheets. They teII me
they got a $125 miIIion profit, right?
131
00:11:03,747 --> 00:11:05,415
I Iook at the same Iousy spread,
132
00:11:05,541 --> 00:11:07,251
to me it Iooks Iike
a buck and a quarter Ioss.
133
00:11:07,376 --> 00:11:10,921
Then they teII me, "Don't worry about it.
We're making money on the Iosses."
134
00:11:11,046 --> 00:11:14,007
How do you make money on Iosses?
You teII me.
135
00:11:14,466 --> 00:11:16,009
I'm just an oId dinosaur.
136
00:11:16,134 --> 00:11:18,136
Lou, I beIieve in KeIIer ZabeI. We're fine.
137
00:11:18,262 --> 00:11:19,429
And you're not a dinosaur. Come on.
138
00:11:19,555 --> 00:11:20,889
It's no fun anymore, Jacob.
139
00:11:22,057 --> 00:11:24,810
I'm taIking to some guy
in Mumbai, Dumbai.
140
00:11:24,935 --> 00:11:26,645
I don't know what he's taIking about.
141
00:11:26,770 --> 00:11:28,647
I don't know what he's seIIing,
I don't know who he is,
142
00:11:28,772 --> 00:11:30,148
I don't know how much I'm putting up.
143
00:11:30,274 --> 00:11:33,610
And my partners, they're in their graves.
They're Iaughing at me.
144
00:11:33,986 --> 00:11:36,530
It's just a bunch of machines now,
teIIing us what to do.
145
00:11:36,655 --> 00:11:39,032
That's why you got peopIe Iike me here,
Lou, to Iighten the Ioad.
146
00:11:39,700 --> 00:11:42,619
Getting oId is not for sissies, kid.
147
00:11:48,208 --> 00:11:50,043
Take that money, huh?
148
00:11:50,169 --> 00:11:52,754
You spend it on that pretty girI.
You deserve it.
149
00:11:55,132 --> 00:11:57,384
I remember when the pro sent me you.
150
00:11:57,509 --> 00:12:00,137
This skinny kid with crazy hair.
151
00:12:00,262 --> 00:12:03,140
I said, "Jimmy, what are you doing to me?
Give me a reaI caddy."
152
00:12:03,765 --> 00:12:06,852
I was having a bad day,
and you wouIdn't shut up.
153
00:12:06,977 --> 00:12:08,937
TweIve years oId,
you're taIking to me about
154
00:12:09,062 --> 00:12:13,108
companies and sectors and earnings.
155
00:12:16,695 --> 00:12:21,116
You had the hunger, Jake.
I couId smeII it then. You stiII got it.
156
00:12:23,327 --> 00:12:25,495
I've just never had a check Iike this
in my hands before.
157
00:12:25,621 --> 00:12:28,957
You spend it. Somebody has to keep
our economy going.
158
00:12:29,499 --> 00:12:31,585
WeII, get out of my office.
159
00:12:42,179 --> 00:12:43,597
Thank you.
160
00:12:51,355 --> 00:12:52,523
Princess cut.
161
00:12:52,731 --> 00:12:55,150
PIatinum-banded, one and a haIf carat.
162
00:12:56,068 --> 00:12:58,070
There's nothing quite Iike a ring...
163
00:12:58,195 --> 00:13:02,533
Can you take me to the money room?
164
00:13:03,992 --> 00:13:07,704
You mean the private cIient foyer?
165
00:13:08,455 --> 00:13:09,665
That's it.
166
00:13:42,823 --> 00:13:45,033
OIga from Russia, with Iove.
167
00:13:45,617 --> 00:13:46,827
How are you?
168
00:13:47,286 --> 00:13:49,955
Shots or champagne, guys?
169
00:14:05,470 --> 00:14:10,267
She was scoping you for the kiII, bro.
Perfect. An 1 1, man. GiseIe time.
170
00:14:10,392 --> 00:14:11,894
No. This is...
171
00:14:16,273 --> 00:14:18,817
Wow. You're serious.
172
00:14:19,026 --> 00:14:20,027
Yeah.
173
00:14:21,403 --> 00:14:24,907
So young, and aIready pricing yourseIf
off the market.
174
00:14:25,282 --> 00:14:26,783
-'Tron?
-Shots.
175
00:14:29,620 --> 00:14:31,371
So when are you gonna ask her?
176
00:14:31,496 --> 00:14:33,332
She's not that crazy
about marriage, you know.
177
00:14:33,457 --> 00:14:34,458
I mean, Iook at her parents.
178
00:14:34,583 --> 00:14:36,877
A girI's got to get it straight with her pop,
don't you think?
179
00:14:37,002 --> 00:14:39,379
-What if you have kids?
-Yeah, it's going be tough.
180
00:14:39,505 --> 00:14:41,089
Did you hear what he said on TV
the other night?
181
00:14:41,632 --> 00:14:45,219
"Home Ioan defauIts are just the first
raindrop in the mother of aII storms."
182
00:14:45,385 --> 00:14:48,013
Christ. Sour grapes, this man.
183
00:14:48,138 --> 00:14:50,724
The guy is a Iegend. Gordon the Gekko.
184
00:14:51,099 --> 00:14:53,894
He's speaking next week
up at your oId aIma mater, Fordham.
185
00:14:54,144 --> 00:14:55,145
Watch yourseIf.
186
00:14:55,270 --> 00:14:56,813
-Hey buddy, get a cane.
-Come on, come on.
187
00:14:57,689 --> 00:14:59,858
A few of us are going up after work
to check him out. Come aIong.
188
00:14:59,983 --> 00:15:01,777
I can't. Winnie, you know.
189
00:15:02,486 --> 00:15:04,363
The onIy God you worship is ZabeI.
190
00:15:04,488 --> 00:15:07,282
I don't worship the man.
He got me a seat at the tabIe.
191
00:15:07,407 --> 00:15:10,744
The word is he's stuck with a ton of toxic
sub-prime debt off the baIance sheet.
192
00:15:10,869 --> 00:15:12,746
BiIIions. Can't find a bid for it.
193
00:15:12,871 --> 00:15:14,039
Yeah, so what?
194
00:15:14,498 --> 00:15:16,917
So, buddy, it don't matter
if the rumors are true or not.
195
00:15:17,042 --> 00:15:19,127
Because in this cIimate,
it's what buyers beIieve.
196
00:15:19,253 --> 00:15:20,712
And where there's smoke, there's fire.
197
00:15:21,004 --> 00:15:22,714
-I'II make you a bet right now.
-Go.
198
00:15:22,840 --> 00:15:25,300
I got a miIIion doIIars
Ieft of my bonus, okay?
199
00:15:25,425 --> 00:15:27,094
It's yours tomorrow a.m.
200
00:15:27,219 --> 00:15:29,388
You put it in KZI shares.
You Ieverage that to the max.
201
00:15:29,513 --> 00:15:30,597
That's how much I beIieve
in this company.
202
00:15:30,722 --> 00:15:32,057
Did you not hear me?
203
00:15:32,182 --> 00:15:33,892
Listen, as your onIy friend Ieft
204
00:15:34,017 --> 00:15:37,062
from a pIace in Long IsIand no one can
remember, Iet aIone pronounce,
205
00:15:37,187 --> 00:15:39,439
I'm teIIing you,
you're acting Iike your mama.
206
00:15:40,649 --> 00:15:42,693
Don't do that. Leave her out of this.
207
00:15:42,818 --> 00:15:45,529
PIus, why wouId he spot-bonus me
right now if we were in troubIe, huh?
208
00:15:45,654 --> 00:15:46,697
It makes no sense.
209
00:15:46,822 --> 00:15:48,907
Look, you don't want to
make any money on this, fine.
210
00:15:49,032 --> 00:15:51,326
-I'm sure Harry Shapiro wouId Iove to.
-Okay, okay.
211
00:15:51,451 --> 00:15:53,495
I'm a hooker, too. Send it to me.
212
00:15:53,620 --> 00:15:54,997
You're stiII young enough to recover.
213
00:15:56,373 --> 00:15:58,250
I'II ream you on the commission.
214
00:15:58,375 --> 00:16:01,420
I'm gonna Iove the Iook on your face
when I make so much money off this.
215
00:16:01,545 --> 00:16:03,213
I'II have no choice but to waIk away.
216
00:16:07,009 --> 00:16:09,595
Guys, we're looking
at an unprecedented meltdown here.
217
00:16:09,720 --> 00:16:11,180
l've never seen anything like it...
218
00:16:11,638 --> 00:16:14,433
Keller Zabel's loss today
was the worst in over a year.
219
00:16:14,558 --> 00:16:16,852
And this big drop may be
just the beginning
220
00:16:16,977 --> 00:16:19,062
of a much deeper correction.
221
00:16:19,396 --> 00:16:22,900
lt is an amazing story.
Keller Zabel stock is getting hammered.
222
00:16:23,025 --> 00:16:25,861
How is it you've never been more wrong
in your life than right now?
223
00:16:25,986 --> 00:16:28,280
You're losing all your money right now.
l see it, it's going down.
224
00:16:28,405 --> 00:16:31,742
Somebody is betting big money
that Zabel's stock is about to collapse.
225
00:16:31,867 --> 00:16:32,910
You wanna owe?
226
00:16:33,035 --> 00:16:34,912
This stock's about to Iose
its bar mitzvah, Jake.
227
00:16:35,037 --> 00:16:37,915
Take the haircut and seII.
You're on a 50% margin, buddy.
228
00:16:38,040 --> 00:16:41,168
I can stiII get you out now
at a totaI Ioss, but at Ieast you won't owe.
229
00:16:41,543 --> 00:16:43,003
...threatening the firm 's liquidity.
230
00:16:43,128 --> 00:16:47,841
ln one incredible week, shares of KZl
are down 52%.
231
00:16:48,050 --> 00:16:50,052
I know where the stock is.
I have it in front of me.
232
00:16:50,177 --> 00:16:52,179
What you got to do right now is reIax,
take a deep breath.
233
00:16:52,304 --> 00:16:54,139
TeII your banks not to seII the stock.
234
00:16:54,264 --> 00:16:56,433
The stock is overreacting right now and...
235
00:16:56,558 --> 00:16:57,935
Hey, what financiaI stock isn't, right?
236
00:16:58,060 --> 00:17:00,437
Listen, three months from now
we're going to Iook back on this and Iaugh.
237
00:17:00,562 --> 00:17:01,647
You're angry? I'm angry.
238
00:17:01,772 --> 00:17:02,814
Okay! We're okay.
239
00:17:02,940 --> 00:17:04,191
-ReIax.
-ReIax.
240
00:17:05,734 --> 00:17:06,860
Jesus Christ.
241
00:17:07,319 --> 00:17:08,737
l've known you your whole life, Jake.
242
00:17:09,321 --> 00:17:10,948
And I know when you're Iying to yourseIf.
243
00:17:11,073 --> 00:17:14,952
Robby, Iisten to me.
KeIIer ZabeI's been around a Iong time.
244
00:17:15,077 --> 00:17:17,788
AII right? It's one of the great names
in investment banking.
245
00:17:17,913 --> 00:17:20,958
A month, a year, it doesn't matter.
We'II be back to 65/70, and I'II be fine.
246
00:17:21,083 --> 00:17:22,543
You just gotta hoId it, okay?
247
00:17:22,918 --> 00:17:24,378
You're gonna owe, you know.
248
00:17:24,503 --> 00:17:26,964
Not just the buck, but the margin, too.
We're taIking another...
249
00:17:27,089 --> 00:17:28,257
TeII me.
250
00:17:29,258 --> 00:17:31,051
You don't want to hear this today.
251
00:17:31,176 --> 00:17:32,386
Robby.
252
00:17:32,886 --> 00:17:33,887
How much?
253
00:17:34,012 --> 00:17:35,305
At least another half a buck.
254
00:17:36,849 --> 00:17:39,142
Give me the okay to sell, buddy.
255
00:17:40,561 --> 00:17:41,854
Right now.
256
00:17:42,604 --> 00:17:45,148
Sell. Sell!
257
00:17:45,732 --> 00:17:47,693
Robby, I got to caII you Iater.
258
00:17:48,110 --> 00:17:49,862
Have you seen ZabeI?
259
00:17:58,954 --> 00:18:00,539
Annica, where's Lou?
260
00:18:00,664 --> 00:18:03,542
Not in. Not answering.
261
00:18:05,043 --> 00:18:06,170
Not happy.
262
00:18:13,135 --> 00:18:14,136
Hey.
263
00:18:15,512 --> 00:18:16,555
Lou.
264
00:18:20,559 --> 00:18:22,895
Hey, Lou. How's your day going?
265
00:18:23,020 --> 00:18:27,191
I toId you. Good day, I'm okay.
Bad day, I'm okay.
266
00:18:27,316 --> 00:18:30,277
Stop bugging me on my feeIings.
They're irreIevant.
267
00:18:31,820 --> 00:18:34,573
I wanted to come see you face to face
and taIk about these rumors, you know.
268
00:18:34,698 --> 00:18:36,241
Because it's getting crazy.
It's out of controI now.
269
00:18:36,366 --> 00:18:37,534
I'm hearing it from aII ends.
270
00:18:37,659 --> 00:18:38,660
Our worId is aII buIIshit.
271
00:18:39,912 --> 00:18:43,624
Some TV bubbIehead, he gets up there
Iike he knows something.
272
00:18:43,999 --> 00:18:46,251
He seIIs fear, panic.
273
00:18:46,460 --> 00:18:48,629
And morons, they Iove it.
274
00:18:48,754 --> 00:18:51,381
They want it to end because it seIIs.
275
00:18:51,507 --> 00:18:53,634
There's no Iimits anymore.
276
00:18:54,051 --> 00:18:57,513
MurieI knows how to waIk this thing.
It's her damn dog.
277
00:18:57,638 --> 00:18:59,556
Lou, I can heIp. I can get
to the bottom of these derivatives.
278
00:18:59,681 --> 00:19:01,058
You just got to teII me.
279
00:19:01,183 --> 00:19:02,684
There's so much you don't know, Jacob.
280
00:19:02,809 --> 00:19:05,521
What? What about the bonus thing?
Why now?
281
00:19:05,854 --> 00:19:09,608
Because I know you.
You're hoIding out for something better.
282
00:19:10,275 --> 00:19:13,111
WeII, don't. Spend it. Use the money.
283
00:19:13,237 --> 00:19:15,197
Because one day, you're gonna wake up
and you're gonna be dead.
284
00:19:15,322 --> 00:19:16,949
Lou, you got to get yourseIf together,
aII right?
285
00:19:17,074 --> 00:19:18,242
We're gonna be fine.
286
00:19:18,367 --> 00:19:21,203
No matter how bad this thing gets,
we have reaI equity in this company.
287
00:19:21,328 --> 00:19:22,454
We're gonna get through this.
288
00:19:22,579 --> 00:19:24,039
Marry Gekko's daughter.
289
00:19:24,164 --> 00:19:26,083
Make some kids with her.
290
00:19:26,500 --> 00:19:29,253
And you spend as much time as you can
with those kids when they're young
291
00:19:29,378 --> 00:19:31,380
because everything changes. Everything.
292
00:19:31,505 --> 00:19:34,424
I cannot heIp you if I don't understand
what you are taIking about.
293
00:19:34,550 --> 00:19:37,261
There's 15,000 jobs on the Iine right now.
294
00:19:37,386 --> 00:19:39,596
Somebody's after us, right?
Somebody's trying to hurt us.
295
00:19:39,721 --> 00:19:42,933
There's a reason this is happening.
I need to know how and why.
296
00:19:43,058 --> 00:19:46,311
You know that dream you got about
that IittIe energy company in CaIifornia?
297
00:19:46,436 --> 00:19:49,565
You may not get there,
but you hoId on to that.
298
00:19:49,690 --> 00:19:51,108
Because everything eIse is just noise.
299
00:19:51,233 --> 00:19:54,027
It's not just noise.
There's 15,000 jobs on the Iine.
300
00:19:54,152 --> 00:19:56,738
Fifteen thousand peopIe here.
That's not noise.
301
00:19:56,864 --> 00:19:58,949
-Are we going under?
-I never Iiked this damn dog.
302
00:19:59,074 --> 00:20:01,034
Louis, are we going under?
303
00:20:04,121 --> 00:20:05,831
You're asking the wrong question, Jacob.
304
00:20:05,956 --> 00:20:07,541
What's the right question?
305
00:20:08,292 --> 00:20:09,293
Who isn't?
306
00:20:40,741 --> 00:20:42,159
China's out.
307
00:20:42,910 --> 00:20:43,952
You said...
308
00:20:44,077 --> 00:20:46,038
I know what I said, BiII.
309
00:20:46,914 --> 00:20:49,583
Two months we negotiated
with these pikers.
310
00:20:49,708 --> 00:20:50,959
They puIIed out at 7:00 p.m.
311
00:20:51,084 --> 00:20:53,795
So what's new? They're Chinese.
312
00:20:53,962 --> 00:20:56,798
And whiIe they were negotiating,
we Iost the Koreans.
313
00:20:56,924 --> 00:20:58,634
So you're saying you don't have an out.
314
00:20:58,759 --> 00:21:02,221
No, I'm saying, just give me one week.
315
00:21:03,096 --> 00:21:06,266
We're stiII taIking to the British.
And the Arabs are back in,
316
00:21:06,391 --> 00:21:08,310
and this time it's for reaI.
317
00:21:08,435 --> 00:21:10,479
Lou, we've heard this before.
318
00:21:10,604 --> 00:21:14,525
Jesus. PauI, we Iost biIIions this week.
319
00:21:15,150 --> 00:21:18,987
If the markets don't roII over our paper
Sunday night, before Asia opens,
320
00:21:19,112 --> 00:21:21,949
KeIIer ZabeI cannot do business
on Monday.
321
00:21:22,616 --> 00:21:25,869
Tuesday, 15,000 peopIe are gonna be
out of a job, worIdwide!
322
00:21:25,994 --> 00:21:29,706
Lou, you understated the scaIe
of your bad Ioans.
323
00:21:29,831 --> 00:21:32,167
Your vaIuations are no Ionger beIievabIe.
324
00:21:34,711 --> 00:21:36,630
After aII these years,
325
00:21:37,965 --> 00:21:39,424
you say this to me?
326
00:21:40,300 --> 00:21:41,426
Me?
327
00:21:43,136 --> 00:21:46,348
Three-quarters of the banking houses
at this tabIe
328
00:21:46,473 --> 00:21:50,227
are hoIding the same paper,
and you're gonna Iet KeIIer ZabeI faiI?
329
00:21:53,313 --> 00:21:55,524
You're aII committing suicide.
330
00:21:59,486 --> 00:22:02,155
What do you say, Harry?
WiII you come in on this?
331
00:22:02,281 --> 00:22:05,033
Look, if you want us
to baiI out KeIIer ZabeI,
332
00:22:05,158 --> 00:22:06,785
aII of us wiII have to participate.
333
00:22:07,160 --> 00:22:09,037
Like Long-Term CapitaI, '98.
334
00:22:09,162 --> 00:22:12,416
And we wiII need substantiaI guarantees
from the US Treasury.
335
00:22:16,086 --> 00:22:17,504
BiII, I think we shouId taIk privateIy.
336
00:22:18,005 --> 00:22:19,756
l think that's a good idea, Bill.
337
00:22:19,882 --> 00:22:21,633
GentIemen, give us a minute.
338
00:22:21,842 --> 00:22:24,052
What about moraI hazard, Jack?
339
00:22:24,928 --> 00:22:29,433
We baiI out KeIIer ZabeI, who's to say
it's not gonna happen again and again?
340
00:22:31,935 --> 00:22:34,396
You vindictive bastard.
341
00:22:35,939 --> 00:22:38,942
Who are you to taIk about moraI hazard?
342
00:22:39,067 --> 00:22:40,068
I'm sorry, Lou.
343
00:22:40,319 --> 00:22:42,529
The Street needs to make a statement
here to the worId.
344
00:22:42,654 --> 00:22:44,156
It was eight years ago!
345
00:22:44,364 --> 00:22:46,950
You just can't Iet it go, can you, Bretton?
346
00:22:47,075 --> 00:22:48,994
AII right, Lou, knock it off.
347
00:22:53,540 --> 00:22:56,335
I'd Iike to speak with you, BiII. Jack.
348
00:22:57,920 --> 00:22:59,296
And Lou.
349
00:23:00,380 --> 00:23:01,423
SeparateIy.
350
00:23:03,300 --> 00:23:04,343
Thirty of our peopIe
351
00:23:04,468 --> 00:23:06,929
have been through the KeIIer ZabeI books
for the Iast three days.
352
00:23:07,054 --> 00:23:10,349
And they stiII say it's impossibIe
to get to the bottom of this.
353
00:23:10,682 --> 00:23:13,560
This couId be a 10-biIIion doIIar hoIe for us.
354
00:23:13,685 --> 00:23:17,940
Or it couId be a 200-biIIion doIIar hoIe
and there's no way we can risk that money
355
00:23:18,065 --> 00:23:20,150
without a backstop
from Treasury or the Fed.
356
00:23:20,275 --> 00:23:22,319
You started this, didn't you, Bretton?
357
00:23:22,444 --> 00:23:25,531
I said knock it off, Lou.
Or this meeting is over, you hear me?
358
00:23:26,615 --> 00:23:28,742
You're asking us
to take a Iarge risk here, Bretton.
359
00:23:28,909 --> 00:23:29,910
What are you offering?
360
00:23:30,244 --> 00:23:33,455
Under these conditions, and assuming
361
00:23:35,415 --> 00:23:37,626
you refine your guarantee,
362
00:23:37,751 --> 00:23:40,921
Jack, JuIie and I, and our partners
who have been consuIted,
363
00:23:43,090 --> 00:23:45,217
are prepared to risk $2 a share.
364
00:23:47,594 --> 00:23:48,846
Two bucks?
365
00:23:49,680 --> 00:23:52,850
Jesus. You're out of your mind.
366
00:23:53,433 --> 00:23:57,104
The stock was trading at 79 a month ago!
367
00:23:57,437 --> 00:24:00,941
Our buiIding aIone is worth more
than two bucks a share.
368
00:24:01,525 --> 00:24:02,526
JuIie.
369
00:24:02,651 --> 00:24:05,904
If onIy we had more time, Lou.
370
00:24:06,029 --> 00:24:07,114
My board wiII never accept this.
371
00:24:07,489 --> 00:24:10,242
There is no way I'm gonna seII
for two bucks a share.
372
00:24:10,367 --> 00:24:12,995
The government, if we guarantee this deaI,
373
00:24:13,120 --> 00:24:15,330
couId never justify a high price
for your company.
374
00:24:15,622 --> 00:24:17,499
And if you don't seII, Lou,
you're in bankruptcy.
375
00:24:17,624 --> 00:24:20,085
This is a pubIic spectacIe now.
376
00:24:20,210 --> 00:24:24,173
No, it's a pubIic execution,
and you'II be Ieading it, BiII.
377
00:24:24,298 --> 00:24:25,591
I buiIt this company.
378
00:24:25,716 --> 00:24:27,801
And your exit wiII heIp restore faith in it.
379
00:24:27,926 --> 00:24:30,137
Who the heII are you to teII me to get out?
380
00:24:30,262 --> 00:24:32,681
You're out, Lou!
One way or the other, you're out.
381
00:24:32,806 --> 00:24:34,808
Then the heII with you!
382
00:24:35,809 --> 00:24:40,105
I'II take my chances in bankruptcy court
before I seII to that barracuda.
383
00:24:53,118 --> 00:24:55,913
Then we have nothing more to taIk about.
384
00:25:03,670 --> 00:25:04,671
Six.
385
00:25:07,424 --> 00:25:10,177
Three, and that's it.
If I can seII it to the board.
386
00:25:10,302 --> 00:25:11,303
Five.
387
00:25:11,428 --> 00:25:12,554
-Three.
-AII right.
388
00:25:13,013 --> 00:25:17,017
We'II caII it an even four,
so it don't Iook so goddamn pathetic.
389
00:25:28,070 --> 00:25:29,154
Three.
390
00:25:30,113 --> 00:25:31,490
And not a dime more.
391
00:27:13,008 --> 00:27:14,551
We have breaking news right now.
392
00:27:14,676 --> 00:27:17,346
Earlier this morning
in a New York City subway,
393
00:27:17,471 --> 00:27:19,306
Keller Zabel managing partner
394
00:27:19,431 --> 00:27:22,142
and head of one of the biggest
investment firms on Wall Street,
395
00:27:22,267 --> 00:27:24,436
Louis Zabel, 75,
396
00:27:24,561 --> 00:27:27,022
apparently jumped
in front of an oncoming train
397
00:27:27,147 --> 00:27:28,941
in front of hundreds of bystanders.
398
00:27:29,399 --> 00:27:31,735
The stock is currently halted,
pending news...
399
00:27:31,860 --> 00:27:34,363
Churchill Schwartz is making out
like a bandit right now
400
00:27:34,488 --> 00:27:35,489
with government funding.
401
00:27:35,614 --> 00:27:39,409
But Keller Zabel as an independent
investment bank is essentially finished.
402
00:27:39,576 --> 00:27:42,037
Tom, this news about Louis Zabel today
403
00:27:42,162 --> 00:27:44,873
comes as a shock to everyone.
But how are you holding up there?
404
00:27:44,998 --> 00:27:47,042
The guy was an icon on Wall Street.
405
00:27:47,167 --> 00:27:49,419
l always thought of him
as sort of a mentor to me.
406
00:27:49,545 --> 00:27:52,506
So to see this happen under
the circumstances that it did happen,
407
00:27:52,631 --> 00:27:53,799
it's devastating.
408
00:27:53,924 --> 00:27:56,885
What's it mean to the employees
at Keller Zabel?
409
00:27:57,010 --> 00:28:00,013
l think they've lost their leader.
They're going to be...
410
00:28:00,138 --> 00:28:02,516
Frankly, financially,
a lot of them are gonna be badly hurt.
411
00:28:02,641 --> 00:28:04,101
This is gonna hurt on so many fronts.
412
00:28:04,226 --> 00:28:07,771
l know it's still difficult to think about it
with this news just coming out about Louis
413
00:28:07,896 --> 00:28:10,440
but you have to wonder what this means
for the future of Wall Street.
414
00:28:10,607 --> 00:28:14,278
Another firm gone, it leaves very
few players left on the Street.
415
00:28:14,611 --> 00:28:15,696
One thing l know for sure is
416
00:28:15,821 --> 00:28:18,156
more competition
is better than less competition.
417
00:28:26,415 --> 00:28:28,458
I just heard. I'm so sorry.
418
00:28:36,550 --> 00:28:38,468
WiII you marry me, Winnie?
419
00:28:46,602 --> 00:28:48,395
WiII you marry me?
420
00:28:52,399 --> 00:28:53,901
What's wrong?
421
00:28:58,238 --> 00:29:01,241
It's just something Lou said
about not waiting, you know?
422
00:29:01,909 --> 00:29:03,702
And I Iove you.
423
00:29:09,374 --> 00:29:10,501
Yes.
424
00:29:16,340 --> 00:29:17,466
Yes?
425
00:29:24,848 --> 00:29:28,185
You know, I shouId teII you due diIigence.
There's some...
426
00:29:28,810 --> 00:29:31,522
I'm out of a job and probabIy
on the other side of broke, you know.
427
00:29:34,066 --> 00:29:35,275
Awesome.
428
00:29:55,587 --> 00:29:57,631
ln one of the harshest sentences
ever given
429
00:29:57,756 --> 00:30:01,552
to a white collar criminal at that time,
in 1993,
430
00:30:01,677 --> 00:30:06,014
he was sent off to Otis Federal Prison
for almost eight years.
431
00:30:06,932 --> 00:30:11,895
And so, here in person, l welcome
the man himself, Mr. lnsider,
432
00:30:12,020 --> 00:30:13,438
Gordon Gekko.
433
00:30:19,736 --> 00:30:21,154
Thank you.
434
00:30:36,628 --> 00:30:38,213
You're all pretty much fucked.
435
00:30:41,550 --> 00:30:42,551
You don't know it yet,
436
00:30:44,595 --> 00:30:46,972
but you're the NlNJA generation.
437
00:30:48,098 --> 00:30:49,474
No income.
438
00:30:50,392 --> 00:30:51,602
No job.
439
00:30:52,436 --> 00:30:53,687
No assets.
440
00:30:54,605 --> 00:30:56,940
You got a lot to look forward to.
441
00:30:58,984 --> 00:31:01,820
BIood, buddy. He's gonna be your bIood.
442
00:31:04,615 --> 00:31:07,409
Someone reminded me the other evening
443
00:31:07,910 --> 00:31:10,704
that l once said, "Greed is good. "
444
00:31:12,623 --> 00:31:13,916
Now it seems it's legal.
445
00:31:17,836 --> 00:31:19,254
But, folks,
446
00:31:19,379 --> 00:31:24,176
it's greed that makes my bartender
buy three houses he can't afford
447
00:31:24,301 --> 00:31:25,969
with no money down.
448
00:31:26,470 --> 00:31:33,227
And it's greed that makes your parents
refinance their $200,000 house for 250.
449
00:31:34,186 --> 00:31:37,147
And then they take that extra 50
and they go down to the mall.
450
00:31:37,272 --> 00:31:40,859
And they buy a plasma TV, cell phones,
451
00:31:40,984 --> 00:31:44,279
computers, an SUV. And hey,
452
00:31:44,571 --> 00:31:47,533
why not a second home while we're at it?
Because, gee whiz,
453
00:31:47,658 --> 00:31:51,954
we all know that prices of houses
in America always go up, right?
454
00:31:52,663 --> 00:31:55,082
lt's greed that makes
the government in this country
455
00:31:55,207 --> 00:31:58,877
cut the interest rates
to one-percent, after 9/ 1 1.
456
00:31:59,461 --> 00:32:01,380
So we could all go shopping again.
457
00:32:01,505 --> 00:32:05,050
They got all these fancy names
for trillions of dollars of credit.
458
00:32:05,175 --> 00:32:09,221
CMOs, CDOs, SlVs, ABSs.
459
00:32:09,721 --> 00:32:13,308
l honestly think there's may be
only 75 people in the world
460
00:32:13,517 --> 00:32:15,227
who know what they are.
461
00:32:17,187 --> 00:32:18,939
But l'll tell you what they are.
462
00:32:19,064 --> 00:32:23,151
They're WMDs. Weapons of
Mass Destruction. That's what they are.
463
00:32:23,277 --> 00:32:26,822
When l was away,
it seemed like greed got greedier
464
00:32:26,947 --> 00:32:29,491
with a little bit of envy mixed in.
465
00:32:30,784 --> 00:32:35,330
Hedge funders were walking home
with 50, 100 million bucks a year.
466
00:32:35,956 --> 00:32:40,169
So Mr. Banker, he's looks around,
and he says, "My life looks pretty boring. "
467
00:32:40,377 --> 00:32:45,090
So he starts leveraging his interests
up to 40, 50 to one
468
00:32:45,215 --> 00:32:46,842
with your money.
469
00:32:47,217 --> 00:32:48,927
Not his, yours.
470
00:32:50,387 --> 00:32:51,555
Because he could.
471
00:32:52,222 --> 00:32:54,725
You're supposed to be borrowing,
not them.
472
00:32:55,893 --> 00:32:57,811
And the beauty of the deal,
473
00:32:57,936 --> 00:33:00,314
no one is responsible.
474
00:33:01,899 --> 00:33:04,401
Because everybody's drinking
the same Kool-Aid.
475
00:33:05,068 --> 00:33:06,778
Last year, ladies and gentlemen,
476
00:33:06,904 --> 00:33:10,574
forty percent
of all American corporate profits
477
00:33:10,699 --> 00:33:12,618
came from financial services.
478
00:33:12,951 --> 00:33:14,036
Not production,
479
00:33:14,161 --> 00:33:17,789
not anything remotely to do
with the needs of the American public.
480
00:33:18,165 --> 00:33:20,042
The truth is, we're all part of it now.
481
00:33:20,918 --> 00:33:24,880
Banks, consumers,
we're moving money around in circles.
482
00:33:25,339 --> 00:33:26,965
We take a buck,
483
00:33:27,090 --> 00:33:30,886
we shoot it full of steroids,
and we call it "leverage. "
484
00:33:32,763 --> 00:33:34,848
l call it "steroid banking. "
485
00:33:36,600 --> 00:33:39,311
l've been considered a pretty smart guy
when it comes to finance.
486
00:33:39,436 --> 00:33:40,479
That was fantastic, man.
487
00:33:40,729 --> 00:33:42,856
And maybe l was in prison too long.
488
00:33:43,106 --> 00:33:45,692
But sometimes
it's the only place to stay sane
489
00:33:45,817 --> 00:33:47,611
and look out through those bars and say,
490
00:33:47,736 --> 00:33:50,155
"Hey! ls everybody out there nuts?"
491
00:33:57,996 --> 00:34:00,749
lt's clear as a bell
to those that pay attention.
492
00:34:03,293 --> 00:34:06,839
The mother of all evil is speculation.
493
00:34:08,966 --> 00:34:10,843
Leveraged debt.
494
00:34:11,468 --> 00:34:12,636
Bottom line.
495
00:34:13,595 --> 00:34:15,639
lt's borrowing to the hilt.
496
00:34:17,474 --> 00:34:19,351
And l hate to tell you this,
497
00:34:19,476 --> 00:34:22,771
but it's a bankrupt business model.
lt won't work.
498
00:34:23,689 --> 00:34:27,985
lt's systemic, malignant, and it's global.
499
00:34:29,278 --> 00:34:30,445
Like cancer.
500
00:34:32,030 --> 00:34:35,492
lt's a disease, and we got to fight back.
501
00:34:36,994 --> 00:34:38,745
How are we gonna do that?
502
00:34:39,329 --> 00:34:42,958
How are we gonna leverage
that disease back in our favor?
503
00:34:45,169 --> 00:34:46,461
Well, l'll tell you.
504
00:34:47,546 --> 00:34:49,256
Three words.
505
00:34:51,675 --> 00:34:53,552
Buy my book.
506
00:34:58,348 --> 00:35:00,475
Prices and profits work.
507
00:35:03,520 --> 00:35:06,398
This is the kind of energy we need
out there. You just keep it up.
508
00:35:06,565 --> 00:35:07,774
Mr. Gekko!
509
00:35:09,067 --> 00:35:12,029
-Excuse me for a moment, sir.
-Q and A's over, aII right?
510
00:35:12,821 --> 00:35:15,699
Buy the book. There's no more free advice.
511
00:35:15,908 --> 00:35:18,327
My name is Jacob Moore.
I'm gonna marry your daughter.
512
00:35:23,123 --> 00:35:24,333
Does she know that?
513
00:35:25,209 --> 00:35:26,502
She pretended to.
514
00:35:28,295 --> 00:35:30,214
AII right, I'II give you 10 minutes.
515
00:35:31,089 --> 00:35:34,885
I'm a prop trader at KeIIer ZabeI.
I speciaIize in energy with a focus on...
516
00:35:35,010 --> 00:35:36,553
Sorry about Lou.
517
00:35:36,678 --> 00:35:39,223
One of the toughest guys
that ever wore shoes.
518
00:35:39,348 --> 00:35:40,682
But when those rumors start...
519
00:35:40,807 --> 00:35:42,893
Yeah. I wish I knew who started this.
520
00:35:43,018 --> 00:35:44,061
I Ioved him very much.
521
00:35:44,353 --> 00:35:45,437
Like a father.
522
00:35:45,562 --> 00:35:48,565
He got me a schoIarship here at Fordham
and hired me right out of business schooI.
523
00:35:48,690 --> 00:35:52,778
WeII, no one eIse in this market's
had the baIIs to commit suicide.
524
00:35:53,278 --> 00:35:55,322
It's an honorabIe thing to do.
525
00:35:57,991 --> 00:35:59,952
Mr. Gekko, I'm in Iove with your daughter.
526
00:36:00,077 --> 00:36:01,662
And I'd be honored...
527
00:36:02,621 --> 00:36:04,414
Why is that funny?
528
00:36:04,540 --> 00:36:07,960
My daughter hasn't spoken to me in years,
and you know it.
529
00:36:08,085 --> 00:36:10,546
She bIames me for her brother's overdose
530
00:36:10,712 --> 00:36:13,757
and just about every other disaster
that's hit this worId
531
00:36:13,882 --> 00:36:15,509
since Nintendo.
532
00:36:16,510 --> 00:36:19,763
You don't think it's strange that she's
dating somebody from WaII Street?
533
00:36:19,888 --> 00:36:22,599
-Why?
-Because she hates it.
534
00:36:22,724 --> 00:36:25,394
You don't think it's funny
that she'd faII in Iove with you?
535
00:36:29,231 --> 00:36:30,482
I bet you don't have one of these.
536
00:36:31,358 --> 00:36:33,694
No. Can I see that?
537
00:36:33,819 --> 00:36:34,820
Yeah.
538
00:36:35,821 --> 00:36:37,865
It's when she was eight.
539
00:36:38,448 --> 00:36:41,785
Can I have a copy of it? She doesn't keep
pictures from her chiIdhood.
540
00:36:41,910 --> 00:36:45,122
I don't even know you, you aIready
want something from me, huh?
541
00:36:45,706 --> 00:36:47,749
So what do I get in return?
542
00:36:47,875 --> 00:36:50,127
Don't you want to make a trade?
543
00:36:50,252 --> 00:36:52,045
Yeah, okay. AII right.
544
00:36:52,171 --> 00:36:55,174
I'II give you this and you give me
another picture of Winnie.
545
00:36:55,299 --> 00:36:57,634
Recent, without you in it.
546
00:36:57,759 --> 00:36:59,344
I don't have one on me.
547
00:36:59,469 --> 00:37:01,388
I guess this is on margin, huh?
548
00:37:05,976 --> 00:37:07,394
It's aIways been energy.
549
00:37:07,644 --> 00:37:09,438
I've been speciaIizing more and more
in cIean tech.
550
00:37:09,563 --> 00:37:10,856
It's sort of a passion now.
551
00:37:10,981 --> 00:37:13,483
That's smart. That's the next bubbIe.
552
00:37:13,692 --> 00:37:17,196
What are you,
some kind of energy freedom-fighter?
553
00:37:17,404 --> 00:37:19,990
No, Mr. Gekko. I'm in this game
to make money Iike anybody eIse.
554
00:37:20,115 --> 00:37:21,992
So what about money, Jake?
555
00:37:22,117 --> 00:37:23,243
You Iike her?
556
00:37:24,244 --> 00:37:25,787
Do I Iike...
557
00:37:25,913 --> 00:37:28,415
I've never thought about money as a "she."
558
00:37:29,875 --> 00:37:32,753
She Iies there in bed at night with you,
559
00:37:32,961 --> 00:37:34,922
Iooking at you, one eye open.
560
00:37:38,133 --> 00:37:40,677
Money's a bitch that never sIeeps.
561
00:37:41,428 --> 00:37:43,096
And she's jeaIous.
562
00:37:43,222 --> 00:37:45,474
And if you don't pay cIose attention,
563
00:37:45,599 --> 00:37:48,936
you wake up in the morning,
and she might be gone forever.
564
00:37:52,689 --> 00:37:54,191
RespectfuIIy,
565
00:37:54,316 --> 00:37:56,818
Mr. Gekko, I don't want to end up
where you are because of money.
566
00:37:56,944 --> 00:37:58,946
Oh, yeah. So marry it instead, right?
567
00:38:03,033 --> 00:38:04,409
What do you mean?
568
00:38:05,494 --> 00:38:06,703
Winnie doesn't have any money.
569
00:38:10,123 --> 00:38:11,124
Right.
570
00:38:11,875 --> 00:38:14,294
Here I thought you were a goId-digger.
571
00:38:15,921 --> 00:38:17,798
Does Winnie know you came to see me?
572
00:38:17,923 --> 00:38:19,216
No.
573
00:38:19,424 --> 00:38:22,678
WeII, not exactIy. I was gonna teII her.
574
00:38:23,887 --> 00:38:26,640
I don't think that's a good idea, paI.
575
00:38:26,765 --> 00:38:28,934
See, I got a feeIing
you may want to be seeing me again
576
00:38:29,059 --> 00:38:31,478
and if she knew
we had this IittIe pow-wow,
577
00:38:31,603 --> 00:38:33,063
she's not gonna Iet it happen.
578
00:38:36,650 --> 00:38:38,610
You know what? You're a smart kid.
579
00:38:38,735 --> 00:38:40,946
You shouId just waIk away.
You never met me.
580
00:38:41,071 --> 00:38:42,531
I don't understand.
581
00:38:42,739 --> 00:38:43,824
I think...
582
00:38:44,032 --> 00:38:47,411
The man that you Ioved Iike a father
who threw himseIf under a subway?
583
00:38:47,536 --> 00:38:49,246
I think you're angrier
than you think you are.
584
00:38:49,371 --> 00:38:52,332
And I think you wanna be
in the famiIy business.
585
00:38:53,083 --> 00:38:54,459
Which is what?
586
00:38:54,585 --> 00:38:55,794
Payback.
587
00:38:56,503 --> 00:38:58,422
Except I'm not in that business anymore.
588
00:38:58,547 --> 00:39:00,215
Because the one thing I Iearned in jaiI
589
00:39:00,340 --> 00:39:03,594
is that money is not the prime asset in Iife.
590
00:39:03,719 --> 00:39:04,761
Time is.
591
00:39:04,887 --> 00:39:06,346
And your time is just about up.
592
00:39:09,057 --> 00:39:10,851
Winnie needs to get past the pain
you caused her.
593
00:39:11,476 --> 00:39:12,644
I caused her?
594
00:39:12,769 --> 00:39:14,855
Look, she wants you back in her Iife.
595
00:39:14,980 --> 00:39:16,773
She just can't handIe it right now.
596
00:39:16,899 --> 00:39:18,817
Okay? Maybe I can heIp.
597
00:39:18,942 --> 00:39:23,322
Maybe you can, maybe you can.
That's what makes the market, Jake.
598
00:39:23,530 --> 00:39:25,115
This is my station.
599
00:39:25,240 --> 00:39:27,492
That is my emaiI address.
600
00:39:36,627 --> 00:39:40,047
By the way, the rumors on ZabeI?
601
00:39:40,172 --> 00:39:41,298
Yeah?
602
00:39:41,423 --> 00:39:43,717
It had to be someone
with enough cIout to be beIieved,
603
00:39:43,842 --> 00:39:46,553
somebody who made a fortune
shorting the stock.
604
00:39:46,678 --> 00:39:48,555
An axe to grind.
605
00:39:49,389 --> 00:39:53,352
Word has it that Bretton James
gutted ZabeI at the Fed.
606
00:39:53,560 --> 00:39:56,438
Just stuck that knife
right into his stomach.
607
00:40:03,612 --> 00:40:05,280
Check out 2000.
608
00:40:05,405 --> 00:40:07,074
The Internet bubbIe.
609
00:40:07,199 --> 00:40:09,451
ChurchiII Schwartz, they got hosed.
610
00:40:11,870 --> 00:40:14,289
You know there's fortunes to be made.
611
00:40:14,414 --> 00:40:17,835
Hundreds of miIIions of doIIars
betting against this bubbIe.
612
00:40:17,960 --> 00:40:19,419
Just wish I had a miIIion.
613
00:40:26,468 --> 00:40:27,761
It checks out, baby.
614
00:40:28,136 --> 00:40:32,432
Thirteen banks were approached
in 2000 to rescue ChurchiII Schwartz.
615
00:40:32,641 --> 00:40:36,019
Bretton James' division was over-invested
in the Internet bubbIe coIIapse.
616
00:40:36,854 --> 00:40:39,523
Each bank was going to put up
100 miIIion, but ZabeI said no.
617
00:40:39,648 --> 00:40:40,983
ChurchiII Schwartz aImost went down
618
00:40:41,108 --> 00:40:42,776
but was backstopped
by a congIomerate of nine banks.
619
00:40:42,943 --> 00:40:44,903
Okay, so not onIy did they survive this,
620
00:40:45,028 --> 00:40:48,073
but they came back
and ate our fricking Iunch.
621
00:40:48,198 --> 00:40:49,199
MoraI hazard.
622
00:40:49,324 --> 00:40:50,951
-UnbeIievabIe.
-The man's a hypocrite.
623
00:40:53,245 --> 00:40:54,371
Jacob Moore.
624
00:40:54,496 --> 00:40:55,873
-Hey, Jake.
-Hey, Doc.
625
00:40:56,748 --> 00:40:59,918
I don't know, Jake. We're on hoId here.
Now they're teIIing me...
626
00:41:00,043 --> 00:41:02,129
HoId on just a second.
HoId on just a second.
627
00:41:02,337 --> 00:41:03,547
-I'II see you. We'II have drinks.
-Okay.
628
00:41:03,672 --> 00:41:05,465
-It's not over. AII right, OIaf?
-Thank you.
629
00:41:05,591 --> 00:41:06,633
Go ahead, Doc.
630
00:41:06,758 --> 00:41:09,219
They're teIIing me we have to cut staff.
631
00:41:09,928 --> 00:41:13,140
We went back to Third Boston,
and they turned us down.
632
00:41:13,348 --> 00:41:14,975
And since your firm...
633
00:41:15,934 --> 00:41:17,686
Listen, I totaIIy understand, okay?
634
00:41:17,811 --> 00:41:20,230
But I think I can keep this thing going
with minimaI cutbacks.
635
00:41:20,355 --> 00:41:21,356
Look, Jake.
636
00:41:21,857 --> 00:41:24,484
I think we have to have a face-to-face taIk
with my peopIe, because...
637
00:41:24,610 --> 00:41:25,611
I totaIIy agree, Doc.
638
00:41:25,736 --> 00:41:28,906
It's just that I'm waIking into
a criticaI meeting right now. Okay?
639
00:41:29,031 --> 00:41:31,742
But I'II definiteIy have it on your desk
tomorrow a.m., okay?
640
00:41:31,867 --> 00:41:32,910
-Okay.
-Okay.
641
00:41:33,285 --> 00:41:34,328
Robby, what do you got?
642
00:41:34,453 --> 00:41:36,538
We got movement definiteIy
on Tuesday of that week.
643
00:41:36,663 --> 00:41:38,582
There was some Iarge shorts
from money out of the Cayman IsIands.
644
00:41:38,707 --> 00:41:40,000
Something caIIed Locust Fund.
645
00:41:40,209 --> 00:41:41,251
Locust Fund.
646
00:41:41,376 --> 00:41:42,377
What eIse?
647
00:41:42,503 --> 00:41:44,463
Wednesday, they traded
another 500,000 shares.
648
00:41:44,588 --> 00:41:45,756
Monday, two miIIion.
649
00:41:45,881 --> 00:41:48,091
Tuesday, one miIIion more.
TotaI of 3.5 miIIion shares.
650
00:41:48,217 --> 00:41:50,344
These guys made some serious money.
651
00:41:51,637 --> 00:41:53,013
Who is that, though?
Who is the Locust Fund?
652
00:41:53,138 --> 00:41:55,516
I don't know. And I don't want to find out.
It couId be my ass.
653
00:41:55,724 --> 00:41:58,435
It'II be your ass if I teII your girIfriend
about the pumps and heeIs.
654
00:41:58,560 --> 00:41:59,561
Which girIfriend?
655
00:41:59,686 --> 00:42:01,563
Just find out, aII right? I got a hunch.
656
00:42:01,688 --> 00:42:03,440
l hope it's better than your last one.
657
00:42:03,565 --> 00:42:05,150
Do I hear revenge here?
658
00:42:05,275 --> 00:42:07,402
It's a dish you stick to coId, paI.
659
00:42:07,694 --> 00:42:09,780
I'm about to serve it up hot, Robby.
660
00:42:18,163 --> 00:42:19,831
I toId you. Guinea's puIIing the pIug.
661
00:42:19,957 --> 00:42:23,043
This dictator, Ojukwa,
he says Western bankers are greedy.
662
00:42:23,168 --> 00:42:24,837
-What eIse is new?
-Listen. Okay?
663
00:42:24,962 --> 00:42:27,756
You wiII not Iose on this. Not on this.
664
00:42:27,881 --> 00:42:29,424
Look, if there's one thing I know,
it's energy,
665
00:42:29,550 --> 00:42:31,593
and that the Church
is gonna get hit on this.
666
00:42:35,848 --> 00:42:37,349
Is this true?
667
00:42:37,474 --> 00:42:40,060
Oh, yeah.
I'm teIIing you, it's gonna happen.
668
00:42:40,185 --> 00:42:43,730
He's definiteIy gonna nationaIize the oiI.
I promise you.
669
00:42:44,231 --> 00:42:45,232
Are you behind it?
670
00:42:45,357 --> 00:42:47,526
No. ChurchiII Schwartz is.
They got a huge stake.
671
00:42:47,651 --> 00:42:50,404
Can't get behind that size,
but you and your boys can.
672
00:42:50,529 --> 00:42:52,155
You shouId.
673
00:42:52,489 --> 00:42:53,699
AII I'm asking
674
00:42:53,824 --> 00:42:56,243
is you rent me this beautifuI thing
for the weekend, and we're good.
675
00:42:56,368 --> 00:42:57,578
DeaI?
676
00:42:59,413 --> 00:43:01,248
DeaI. Super deaI.
677
00:43:10,465 --> 00:43:11,884
Can he just take over the oiI Iike that?
678
00:43:12,009 --> 00:43:13,927
The guy's out of his mind.
He's taIking to witch doctors.
679
00:43:14,052 --> 00:43:15,053
He's gonna murder the stock.
680
00:43:15,179 --> 00:43:16,889
I know. That's why you gotta get in.
681
00:43:18,932 --> 00:43:21,810
Jake, that company, Offshore African OiI...
682
00:43:22,019 --> 00:43:24,271
Yeah. Hydra Offshore.
683
00:43:24,396 --> 00:43:27,691
And you're saying
ChurchiII Schwartz is a part of it?
684
00:43:29,109 --> 00:43:32,446
Over here is gonna be
the most expensive item by tomorrow.
685
00:43:32,654 --> 00:43:35,282
It's AIice, in WonderIand.
686
00:43:37,326 --> 00:43:39,828
ChurchiII Schwartz
has a huge position in this thing.
687
00:43:39,953 --> 00:43:40,996
I want to get short that stock.
688
00:43:41,121 --> 00:43:42,497
ChurchiII Schwartz is behind that?
689
00:43:42,623 --> 00:43:44,291
It's just a rumor. It might take a hit.
690
00:43:48,378 --> 00:43:49,963
Hear about that African deaI?
691
00:43:50,172 --> 00:43:51,840
Yeah, I heard they're gonna nationaIize.
692
00:43:53,550 --> 00:43:56,011
ChurchiII Schwartz! Off the fIoor!
693
00:43:57,346 --> 00:43:59,431
They're creating rumors
around the Hydra position.
694
00:43:59,556 --> 00:44:01,808
None of it's true.
They're just trying to kiII the stock.
695
00:44:01,934 --> 00:44:03,101
Doesn't make any difference
what's going on.
696
00:44:03,227 --> 00:44:05,604
Then start another
goddamn rumor is what you do.
697
00:44:05,729 --> 00:44:08,398
...short quickly and quietly
without everyone figuring out...
698
00:44:08,565 --> 00:44:10,859
I'm convinced what they're after
is ChurchiII,
699
00:44:10,984 --> 00:44:12,486
which has a big position in this stock
700
00:44:12,611 --> 00:44:14,738
because ChurchiII got
the sweetheart deaI on KeIIer ZabeI.
701
00:44:14,863 --> 00:44:16,657
ChurchiII Schwartz has
a five-percent position in it.
702
00:44:16,782 --> 00:44:20,911
Who knows? Who's got the inside Iine on
some tin-pot dictator in Africa?
703
00:44:32,339 --> 00:44:33,382
House of pain.
704
00:44:33,507 --> 00:44:34,758
The house of pain!
705
00:44:34,967 --> 00:44:37,594
Hydra Offshore got taken
to the woodshed today.
706
00:44:38,846 --> 00:44:41,348
This one's getting beaten
like a redhead stepchild.
707
00:44:41,473 --> 00:44:44,560
Down a quick 19%
on rumors of oil nationalization...
708
00:44:44,768 --> 00:44:46,353
No, no!
709
00:44:46,562 --> 00:44:49,565
...in Equatorial Guinea.
There's a country for you.
710
00:44:49,690 --> 00:44:50,691
Get them.
711
00:44:50,816 --> 00:44:51,817
The shockwave from this one
712
00:44:51,942 --> 00:44:55,487
extended all the way
to investment bank Churchill Schwartz.
713
00:44:55,612 --> 00:44:58,949
Churchill Schwartz down eight percent
in pre-market trading.
714
00:45:00,158 --> 00:45:03,912
Home builder confidence falls
to a record low in July.
715
00:45:04,037 --> 00:45:06,790
The monthly indicator from the
National Association of Homebuilders
716
00:45:06,915 --> 00:45:08,876
dropped for a third consecutive month...
717
00:45:09,001 --> 00:45:10,586
You got your high ceiIings.
718
00:45:11,211 --> 00:45:14,715
Bonus pIayroom upstairs,
not that I'm rushing you.
719
00:45:16,383 --> 00:45:17,551
Here.
720
00:45:18,135 --> 00:45:22,055
This is going to be the sun room.
Perfect for reading.
721
00:45:22,181 --> 00:45:23,599
It'II get great Iight.
722
00:45:24,141 --> 00:45:26,351
And there's pIenty of room for a pooI
723
00:45:26,476 --> 00:45:28,437
or a tennis court. See?
724
00:45:29,438 --> 00:45:32,357
What's going on with Rainwater Road, Ma?
725
00:45:32,649 --> 00:45:33,901
I'm showing it tomorrow.
726
00:45:34,026 --> 00:45:35,319
-Yeah?
-Yeah.
727
00:45:36,320 --> 00:45:37,738
SyIvia, I think it's IoveIy.
728
00:45:37,863 --> 00:45:39,865
Long IsIand aIways goes up.
729
00:45:39,990 --> 00:45:42,910
Great schooIs, great shopping,
Iots of doctors.
730
00:45:43,035 --> 00:45:44,828
Everybody Ioves it here.
731
00:45:45,787 --> 00:45:46,955
You ought to buy it.
732
00:45:48,790 --> 00:45:50,959
There are quite a few choices
on this bIock.
733
00:45:52,669 --> 00:45:56,465
That's what I Iove about you, dear.
You caII it Iike you see it.
734
00:45:56,590 --> 00:45:58,884
I'd rather have this down payment any day.
735
00:46:01,303 --> 00:46:02,387
Ma, you got three properties.
736
00:46:02,846 --> 00:46:04,139
Two of the Ioans are resetting
in a few months.
737
00:46:04,264 --> 00:46:05,516
You got to seII at Ieast one.
738
00:46:06,225 --> 00:46:10,395
Don't teII me my job, Jacob.
There are no buyers out there right now.
739
00:46:10,521 --> 00:46:12,606
The market's soft.
Everybody reads the same news.
740
00:46:12,731 --> 00:46:14,358
I just gotta wait it out.
741
00:46:14,483 --> 00:46:16,735
It's Iike the two FIorida properties
five years ago.
742
00:46:16,860 --> 00:46:20,656
I didn't get spooked,
and I fIipped 190 grand from them.
743
00:46:23,242 --> 00:46:24,326
What does Henry say?
744
00:46:24,451 --> 00:46:25,827
Oh, Henry. Forget about him. He's a wimp.
745
00:46:25,953 --> 00:46:27,079
That's done?
746
00:46:27,329 --> 00:46:32,125
If I Iistened to Henry, I wouId have soId
every house way too soon.
747
00:46:32,251 --> 00:46:34,169
He's just Iike your father was.
748
00:46:34,294 --> 00:46:35,546
No. Dad had bad Iuck.
749
00:46:35,671 --> 00:46:37,422
He took a shot and he faiIed.
But he took a shot, Ma.
750
00:46:37,548 --> 00:46:39,883
Yeah, and then Jack DanieIs took his shot,
and he succeeded.
751
00:46:40,008 --> 00:46:42,553
Can we not have an argument about
my father every time I come to see you?
752
00:46:42,678 --> 00:46:45,264
So sensitive. Forget I said anything.
753
00:46:45,639 --> 00:46:49,768
God. Defending your father
is Iike defending smaIIpox.
754
00:46:49,977 --> 00:46:51,019
Look.
755
00:46:52,604 --> 00:46:57,150
The deveIopers are on my ass, okay?
I just need you to bridge me.
756
00:46:57,943 --> 00:46:59,444
What about the money
from Sagamir Road?
757
00:46:59,570 --> 00:47:02,406
What do you think?
I put it into the new properties.
758
00:47:02,531 --> 00:47:04,908
What did you think,
it was just gonna shoot up in perpetuity?
759
00:47:05,033 --> 00:47:07,369
Don't patronize your mother,
Jacob Lawrence.
760
00:47:07,494 --> 00:47:09,288
Of course I know the risks invoIved.
761
00:47:09,413 --> 00:47:12,457
Hey, you're buying diamonds.
You got the bonus, right?
762
00:47:12,583 --> 00:47:16,211
I remember visiting you when I was young
at the hospitaI after schooI, thinking,
763
00:47:16,336 --> 00:47:18,714
"How cooI is this?
My mother is saving Iives."
764
00:47:18,839 --> 00:47:20,799
-Don't change the subject.
-I'm not changing the subject.
765
00:47:20,924 --> 00:47:22,467
I never saved any Iives.
766
00:47:22,593 --> 00:47:24,469
Yeah, but you did something,
and that's the point, Mom.
767
00:47:24,595 --> 00:47:28,307
I make more in a month now
than I did in my best year as a nurse.
768
00:47:28,432 --> 00:47:30,017
You made a difference.
769
00:47:31,101 --> 00:47:34,021
Listen to the broker
preaching making a difference.
770
00:47:34,229 --> 00:47:35,689
That's ironic.
771
00:47:36,982 --> 00:47:38,275
How much?
772
00:47:40,027 --> 00:47:41,820
Two hundred, tops.
773
00:47:43,614 --> 00:47:45,407
You're kiIIing me, Ma!
774
00:47:48,785 --> 00:47:50,579
I'II wire it to you.
775
00:47:53,874 --> 00:47:55,417
Can you stop, pIease?
776
00:47:56,543 --> 00:47:57,753
You're not doing her any favors.
777
00:47:58,128 --> 00:47:59,588
I know.
778
00:48:00,047 --> 00:48:03,258
And you're not preventing it
from happening again.
779
00:48:07,137 --> 00:48:08,555
I'II shut up.
780
00:48:11,683 --> 00:48:13,268
-Yeah?
-Guess what?
781
00:48:13,769 --> 00:48:14,770
Your boy, Bretton James?
782
00:48:14,895 --> 00:48:17,898
His assistant just caIIed me and asked
if you can see him today.
783
00:48:18,023 --> 00:48:19,024
You're kidding me.
784
00:48:19,816 --> 00:48:22,277
Jake, you have an hour.
I toId him you were on the isIand.
785
00:48:22,402 --> 00:48:24,196
Yeah, but I'm in the middIe
of Friday afternoon traffic.
786
00:48:24,321 --> 00:48:28,158
But he said after hours is okay,
because he Ieft his home address.
787
00:48:28,283 --> 00:48:30,994
East 65th Street and Park Avenue, honey.
Up to 8 p.m.
788
00:48:31,119 --> 00:48:32,120
Did he sound upset?
789
00:48:32,246 --> 00:48:34,039
Screw him, he destroyed this company.
790
00:48:34,164 --> 00:48:36,792
You waItz in there
Iike RusseII Crowe in Gladiator.
791
00:48:36,917 --> 00:48:38,085
Thanks, babe.
792
00:48:39,503 --> 00:48:42,214
Sounds Iike you're getting
your waIking papers.
793
00:48:44,925 --> 00:48:47,219
Jake, Iook, I don't need this ring now.
794
00:48:47,344 --> 00:48:49,221
Just give me one
out of a Cracker Jack box instead...
795
00:48:49,346 --> 00:48:50,764
What are you taIking about?
796
00:48:50,889 --> 00:48:52,516
Are you crazy? Everything's gonna be fine.
797
00:48:52,641 --> 00:48:55,060
Jake, I grew up with a father
who onIy taIked about money.
798
00:48:55,185 --> 00:48:56,311
If you think I want to be
with the kind of guy
799
00:48:56,436 --> 00:48:58,063
with his ego invested in his bank account,
800
00:48:58,188 --> 00:48:59,189
you reaIIy don't get me.
801
00:49:03,026 --> 00:49:04,778
"I Iove it, " was what I was expecting.
802
00:49:06,488 --> 00:49:07,906
Return it. It makes me uncomfortabIe.
803
00:49:08,031 --> 00:49:09,825
Okay, Winnie. I'II return it.
804
00:49:24,882 --> 00:49:26,175
Jacob Moore to see Mr. James.
805
00:49:26,717 --> 00:49:28,177
He's expecting you.
806
00:49:56,205 --> 00:49:58,624
Saturno Devorando A Su Hijo.
807
00:49:59,499 --> 00:50:02,336
Goya painted 15 BIack Paintings
Iate in his Iife.
808
00:50:02,461 --> 00:50:04,713
Fourteen of them are on view in the Prado.
809
00:50:04,838 --> 00:50:06,965
That's the missing 15th.
810
00:50:07,090 --> 00:50:10,427
An earIy sketch
for Saturn devouring his son.
811
00:50:14,681 --> 00:50:16,183
Do you coIIect?
812
00:50:16,308 --> 00:50:17,518
No.
813
00:50:17,643 --> 00:50:20,479
OnIy the obsessive-compuIsive
and the insecureIy egotisticaI
814
00:50:20,604 --> 00:50:22,314
feeI the need to coIIect things.
815
00:50:28,946 --> 00:50:30,405
Do you ride?
816
00:50:32,824 --> 00:50:34,868
It's an avocation, yes.
817
00:50:35,077 --> 00:50:36,828
You know the photograph.
818
00:50:36,954 --> 00:50:39,665
RoIIie Free, 1948.
819
00:50:39,790 --> 00:50:41,917
He set the worId record at 150.
820
00:50:42,042 --> 00:50:44,545
And wanted it so bad he rode naked.
821
00:50:45,170 --> 00:50:47,339
Why, you ride, Mr. Moore?
822
00:50:50,926 --> 00:50:52,219
I'II put it to you this way.
823
00:50:52,344 --> 00:50:54,638
If you rode the rest of your Iife, right,
824
00:50:54,763 --> 00:50:56,974
and reaIIy became the best
that you couId be,
825
00:50:57,099 --> 00:50:58,475
you wouId never ride Iike I ride.
826
00:51:00,894 --> 00:51:03,689
WeII, then I Iook forward
to us riding together.
827
00:51:08,986 --> 00:51:11,280
You a bee, Mr. Moore?
828
00:51:15,492 --> 00:51:16,493
A what?
829
00:51:18,328 --> 00:51:21,206
Do you Iike to sting peopIe?
830
00:51:23,584 --> 00:51:28,046
You cost ChurchiII Schwartz $120 miIIion
Iast week.
831
00:51:29,756 --> 00:51:31,925
That's not a great deaI of money.
832
00:51:32,050 --> 00:51:35,387
But peopIe know Hydra Offshore is ours.
833
00:51:41,643 --> 00:51:46,607
I had dinner with the good
Commander Ojukwa in Paris Iast week.
834
00:51:46,732 --> 00:51:50,986
He has no actuaI pIans
of nationaIizing any oiI fieIds.
835
00:51:51,195 --> 00:51:53,238
But I guess
that doesn't reaIIy matter to you.
836
00:51:54,114 --> 00:51:56,366
No, it doesn't.
837
00:51:56,491 --> 00:51:58,452
I checked you out with the desks in town.
838
00:51:58,577 --> 00:52:00,537
You didn't make any money off it.
839
00:52:00,662 --> 00:52:02,164
No, I didn't.
840
00:52:03,081 --> 00:52:04,708
Then why?
841
00:52:06,502 --> 00:52:08,295
Because you destroyed my firm.
842
00:52:08,420 --> 00:52:09,421
Your firm destroyed itseIf.
843
00:52:09,546 --> 00:52:10,839
You kiIIed Louis ZabeI.
844
00:52:12,174 --> 00:52:13,467
Louis ZabeI kiIIed himseIf.
845
00:52:13,592 --> 00:52:14,593
But you set the rumors.
846
00:52:14,718 --> 00:52:15,719
The rumors were true.
847
00:52:16,845 --> 00:52:17,971
You made them true.
848
00:52:18,555 --> 00:52:19,723
No, Mr. Moore.
849
00:52:19,890 --> 00:52:24,144
Putting 50% Ieverage
on toxic debt made them true.
850
00:52:24,269 --> 00:52:26,897
Look, ZabeI once knew how to run money.
851
00:52:27,022 --> 00:52:28,982
Dying because of it was his choice.
852
00:52:29,107 --> 00:52:31,777
As far as I'm concerned, it's just money.
853
00:52:31,902 --> 00:52:34,363
But when you don't know
what you're doing,
854
00:52:34,488 --> 00:52:36,281
it's fataI, Mr. Moore.
855
00:52:36,406 --> 00:52:38,617
Not knowing what you're doing.
856
00:52:45,165 --> 00:52:46,959
Come work for me.
857
00:52:48,252 --> 00:52:49,503
What?
858
00:52:49,628 --> 00:52:52,464
We fund most of the worId's
integrated oiI companies,
859
00:52:52,589 --> 00:52:55,342
driIIers, coaI producers,
naturaI gas Iine providers...
860
00:52:55,467 --> 00:52:56,969
I know who you are.
861
00:52:57,094 --> 00:52:58,929
But where we're a IittIe Iight
862
00:53:00,013 --> 00:53:02,599
is in aIternative energy.
863
00:53:05,102 --> 00:53:06,395
Why me?
864
00:53:06,854 --> 00:53:08,730
Because your IoyaIty demanded revenge.
865
00:53:08,856 --> 00:53:12,526
Your baIIs actuaIIy attempted it,
and your skiII puIIed it off.
866
00:53:13,610 --> 00:53:14,903
And frankIy,
867
00:53:16,405 --> 00:53:19,700
because I'd Iove to
beat the crap out of you on a bike.
868
00:53:19,825 --> 00:53:21,201
Fair enough?
869
00:53:23,287 --> 00:53:27,040
You got my attention, Mr. Moore.
That's pretty rare.
870
00:53:27,457 --> 00:53:31,044
If I were you, I'd think seriousIy about it.
871
00:53:31,170 --> 00:53:36,091
Because you'II have a hard time eIsewhere,
now that you've captured our attention.
872
00:53:36,967 --> 00:53:40,179
Now, if you'II excuse me,
I'm having a IittIe fundraiser.
873
00:53:41,305 --> 00:53:44,057
I got to get back to shaking my tin cup.
874
00:53:44,808 --> 00:53:46,393
What's your number?
875
00:53:46,518 --> 00:53:47,811
I'm sorry?
876
00:53:48,020 --> 00:53:50,939
We'd start you at 300, Iike everybody eIse.
877
00:53:51,064 --> 00:53:53,442
I mean, as a partner, I onIy puII in 600.
And the bonuses...
878
00:53:53,567 --> 00:53:54,943
No, no, no.
879
00:53:55,319 --> 00:53:56,570
Your number.
880
00:53:57,154 --> 00:54:00,824
The amount of money you wouId need
to just waIk away from it and Iive.
881
00:54:00,949 --> 00:54:03,577
See, I find that everybody has a number,
and it's usuaIIy an exact number.
882
00:54:03,702 --> 00:54:05,621
So what is yours?
883
00:54:09,833 --> 00:54:11,168
More.
884
00:54:29,937 --> 00:54:32,189
How did you know it was Bretton James?
885
00:54:32,314 --> 00:54:34,525
Good morning to you, too. Come in.
886
00:54:34,650 --> 00:54:36,109
-Good morning.
-You hungry?
887
00:54:36,235 --> 00:54:37,778
No. I'm okay, thanks.
888
00:54:41,281 --> 00:54:44,493
Brett, as I caIIed him in the oId days,
used to run trades through me.
889
00:54:44,618 --> 00:54:47,704
We used to piggyback off
each other's ideas.
890
00:54:48,163 --> 00:54:52,125
Then we had a IittIe discrepancy.
I won't bother you with the detaiIs.
891
00:54:52,251 --> 00:54:55,629
Just to teII you that
it cost me 200,000 bucks,
892
00:54:55,754 --> 00:54:57,965
which was a Iot of money back then.
893
00:54:58,090 --> 00:55:02,219
So when I got hot in the '80s,
and I started giving tastes to my friends,
894
00:55:02,344 --> 00:55:06,348
I didn't invite James in,
and he didn't Iike that very much.
895
00:55:06,557 --> 00:55:07,975
So?
896
00:55:08,684 --> 00:55:11,270
So it's no big deaI.
897
00:55:11,979 --> 00:55:15,649
But when you're in prison,
you got a Iot of time to think.
898
00:55:18,110 --> 00:55:22,364
In fact, the best memory that I know
is hurt.
899
00:55:23,156 --> 00:55:26,034
I did eight years, paI.
Five years before that in court.
900
00:55:26,159 --> 00:55:30,163
Nobody does eight years.
They give murderers five.
901
00:55:31,123 --> 00:55:34,418
I thought it was the kid
with the airIine that gave you up.
902
00:55:34,543 --> 00:55:36,879
BIue Star? Stock Watch? What was it?
903
00:55:37,004 --> 00:55:38,463
-Who, Bud Fox?
-Bud Fox.
904
00:55:38,589 --> 00:55:41,633
No, no, no. He got a wire on him.
He got me for insider trading.
905
00:55:41,758 --> 00:55:44,428
But that's 12, 13 months, max.
906
00:55:44,553 --> 00:55:49,516
After the first charges, it was one of my
co-conspirators who tipped off the Feds.
907
00:55:51,059 --> 00:55:53,979
And that pious piranha, Bretton James,
908
00:55:54,104 --> 00:55:57,107
he had just enough information to sink me.
909
00:55:57,232 --> 00:55:59,818
You know, of course,
I'm never going to know it for sure.
910
00:56:00,861 --> 00:56:02,613
He offered me a job.
911
00:56:05,782 --> 00:56:10,370
WeII, you just rocketed
into the center of the universe, paI.
912
00:56:10,495 --> 00:56:14,249
I think my daughter's future is Iooking
a heII of a Iot better.
913
00:56:14,666 --> 00:56:16,543
I never made any money shorting Hydra.
914
00:56:17,628 --> 00:56:18,921
You're kidding me. You didn't trade it?
915
00:56:19,338 --> 00:56:22,049
That wouId've been insider trading,
Mr. Gekko.
916
00:56:22,758 --> 00:56:24,134
Remember, your daughter and I
are engaged.
917
00:56:24,259 --> 00:56:26,136
You wouIdn't want to soiI her name, right?
918
00:56:26,261 --> 00:56:28,138
WeII, you may not have traded,
919
00:56:28,263 --> 00:56:31,350
but you try teIIing the Feds
you didn't commit a feIony.
920
00:56:31,475 --> 00:56:33,977
-What do you mean?
-You know exactIy what I mean.
921
00:56:34,102 --> 00:56:38,815
You induced others to trade on information
that you knew to be faIse.
922
00:56:44,321 --> 00:56:46,740
Hard to prove that.
923
00:56:49,034 --> 00:56:53,330
A fisherman aIways sees
another fisherman from afar.
924
00:56:56,834 --> 00:57:00,254
I think you ought to start
caIIing me Gordon.
925
00:57:00,462 --> 00:57:02,798
WeII, I promised you this,
926
00:57:03,340 --> 00:57:04,925
Gordon.
927
00:57:05,133 --> 00:57:06,134
Makes us even.
928
00:57:07,177 --> 00:57:08,220
There she is.
929
00:57:08,345 --> 00:57:09,930
But keep this between us, though.
930
00:57:11,974 --> 00:57:13,809
How is that Iefty website of hers doing?
931
00:57:13,934 --> 00:57:15,310
-Frozen Truth?
-Yeah.
932
00:57:15,435 --> 00:57:18,397
It's doing weII, actuaIIy.
They get about 50,000 hits a day.
933
00:57:18,522 --> 00:57:19,982
It's buiIding.
934
00:57:21,650 --> 00:57:23,652
She was such a pisser.
935
00:57:24,528 --> 00:57:27,906
ReIationships, they're Iike bubbIes.
936
00:57:28,031 --> 00:57:30,826
They're fragiIe. It's Iike these tuIips.
937
00:57:31,451 --> 00:57:34,413
This is the greatest bubbIe story
of aII time.
938
00:57:34,538 --> 00:57:37,624
Back in the 1600s, the Dutch,
they get specuIation fever
939
00:57:37,749 --> 00:57:42,254
to the point that you couId buy a
beautifuI house on a canaI in Amsterdam,
940
00:57:42,379 --> 00:57:45,340
for the price of one buIb.
941
00:57:46,216 --> 00:57:48,510
They caIIed it "TuIip Mania."
942
00:57:48,719 --> 00:57:50,053
Then it coIIapsed.
943
00:57:50,179 --> 00:57:51,847
You couId buy 10 buIbs for $2.
944
00:57:51,972 --> 00:57:55,184
PeopIe got wiped out,
but, you know, who remembers?
945
00:57:56,059 --> 00:57:57,436
What wouId you do with your money?
946
00:57:58,145 --> 00:58:00,439
Me? SwitzerIand. StiII the best.
947
00:58:00,731 --> 00:58:03,775
Got a heaIthy distrust
for a big government.
948
00:58:03,901 --> 00:58:06,278
Is that where you keep it?
949
00:58:06,403 --> 00:58:09,948
Yes, I did. Now I don't got
that kind of cash anymore.
950
00:58:12,326 --> 00:58:13,702
But you do have money.
951
00:58:16,330 --> 00:58:17,915
This is a rentaI.
952
00:58:19,917 --> 00:58:23,712
I'm pretty sure James has invested
in an offshore fund in the Caymans.
953
00:58:23,837 --> 00:58:27,382
Your time, you ever do anything with
some company caIIed Locust Fund?
954
00:58:27,508 --> 00:58:31,136
Locust Fund. I never heard of it,
but it's possibIe. Yeah.
955
00:58:31,261 --> 00:58:33,639
James wants to buiId
his aIternative energy sector.
956
00:58:33,764 --> 00:58:34,806
Sounds serious.
957
00:58:34,932 --> 00:58:37,935
I think I can get him to put reaI capitaI
behind this company I toId you about.
958
00:58:38,185 --> 00:58:39,728
United Fusion.
959
00:58:39,853 --> 00:58:43,232
James wouId probabIy want to poIish
his resume a IittIe green.
960
00:58:43,357 --> 00:58:46,652
He's in poIe position to be top dog
when JuIie Steinhardt kicks the bucket,
961
00:58:46,777 --> 00:58:48,779
which, I hear, couId be any day now.
962
00:58:48,904 --> 00:58:51,990
This company couId change not just the
energy market, Gordon, but the worId.
963
00:58:52,199 --> 00:58:54,993
IdeaIism. IdeaIism, paI, it kiIIs every deaI.
964
00:58:55,118 --> 00:58:58,664
The thing you got to know about James is,
he's a gambIer. You know, Iike me.
965
00:58:58,789 --> 00:59:02,876
He's got an ego the size of Antarctica.
Like me.
966
00:59:03,877 --> 00:59:05,712
So now you got his attention.
967
00:59:05,838 --> 00:59:07,506
How are you going to shine
sitting on his sun?
968
00:59:10,217 --> 00:59:12,928
Make him money and meIt his ass.
969
00:59:14,137 --> 00:59:18,433
Just Iike the oId days.
We sIaughtered men for payback.
970
00:59:20,811 --> 00:59:23,939
Maybe it's time for us
to do our second trade?
971
00:59:25,816 --> 00:59:28,652
AII right. I'II dig around on James
and this Locust Fund,
972
00:59:28,777 --> 00:59:30,362
and you see what you can do about
973
00:59:30,487 --> 00:59:32,322
getting Winnie and me
back together again.
974
00:59:32,447 --> 00:59:35,951
WeII, I never guaranteed
she'd forgive you, Gordon.
975
00:59:36,076 --> 00:59:39,496
Why don't we just start with her
agreeing to have dinner with you first?
976
00:59:39,621 --> 00:59:43,417
WeII, at my age, I'II take anything I can get.
977
00:59:46,211 --> 00:59:48,338
I had two beautifuI chiIdren.
978
00:59:49,882 --> 00:59:53,510
And then I went away,
and I didn't see them much.
979
00:59:54,678 --> 00:59:56,638
My ex made sure of that.
980
00:59:58,891 --> 01:00:00,684
And then when we Iost Rudy,
981
01:00:03,353 --> 01:00:06,273
Winnie just shut down on me.
982
01:00:16,408 --> 01:00:19,745
Except for the exceedingIy precious
983
01:00:19,870 --> 01:00:22,247
and depreciating asset of time.
984
01:00:22,581 --> 01:00:25,083
Winnie's aII I got Ieft.
You understand that?
985
01:00:25,209 --> 01:00:27,461
I'II try, Gordon.
986
01:00:28,086 --> 01:00:32,508
WeII, try harder.
Then you both can have a father.
987
01:00:45,062 --> 01:00:46,939
-He chose this pIace?
-Yeah.
988
01:00:47,064 --> 01:00:49,942
Yeah, we used to come here
every Sunday night.
989
01:00:50,067 --> 01:00:51,652
You're going to be fine.
990
01:00:51,777 --> 01:00:54,029
You do know I'm never
having sex with you again.
991
01:00:55,030 --> 01:00:58,659
Then what my friends say about marriage
is actuaIIy true. Five back.
992
01:00:58,784 --> 01:01:00,035
I'm onIy doing this for you.
993
01:01:00,160 --> 01:01:02,287
No, baby. You're doing this for you.
Come on.
994
01:01:02,663 --> 01:01:04,081
Taxi!
995
01:01:19,805 --> 01:01:21,014
Hi.
996
01:01:22,224 --> 01:01:23,225
Hey.
997
01:01:24,017 --> 01:01:25,018
Mr. Gekko.
998
01:01:25,143 --> 01:01:27,563
Jacob Moore. We spoke on the phone.
999
01:01:27,896 --> 01:01:28,897
Yeah.
1000
01:01:35,445 --> 01:01:36,613
Okay.
1001
01:01:41,285 --> 01:01:42,286
Drinks?
1002
01:01:43,954 --> 01:01:44,955
No.
1003
01:01:45,289 --> 01:01:46,915
What about you? Heineken?
1004
01:01:47,040 --> 01:01:48,208
Yeah, sure.
1005
01:01:56,967 --> 01:02:00,762
Let me guess. The ginger-garIic Iobster.
1006
01:02:03,473 --> 01:02:05,601
I used to order that every time.
1007
01:02:06,310 --> 01:02:07,603
I guess so.
1008
01:02:10,814 --> 01:02:14,276
I checked out that website.
1009
01:02:14,484 --> 01:02:16,653
Frozen Truth. It's impressive.
1010
01:02:16,778 --> 01:02:19,531
Thanks. We work hard at it.
1011
01:02:19,656 --> 01:02:22,659
AIthough, there was a buIIshit bIog
1012
01:02:22,784 --> 01:02:26,246
bIaming the current administration
for the entire mess that we're in.
1013
01:02:26,371 --> 01:02:27,873
I don't think that's the truth.
1014
01:02:27,998 --> 01:02:29,041
I agree with you.
1015
01:02:29,166 --> 01:02:30,209
You do?
1016
01:02:30,334 --> 01:02:31,335
Yeah. Jack SaImon wrote it...
1017
01:02:31,502 --> 01:02:32,503
Graydy.
1018
01:02:32,628 --> 01:02:36,215
CongratuIations. Great to see you.
You're doing great work down there.
1019
01:02:37,341 --> 01:02:39,092
-Thank you. Thank you so much.
-Gordon. Gordon Gekko.
1020
01:02:39,218 --> 01:02:40,677
Nice to see you. Thanks so much.
1021
01:03:02,241 --> 01:03:04,076
I'm sorry. I can't do this.
1022
01:03:17,464 --> 01:03:18,632
Winnie!
1023
01:03:20,551 --> 01:03:21,844
Why did you make me do that, Jake?
1024
01:03:21,969 --> 01:03:23,595
You don't understand.
This is none of your business.
1025
01:03:23,720 --> 01:03:26,265
It is my business. Stop for a second.
Look at the reaI man in there.
1026
01:03:26,390 --> 01:03:28,267
He's hurting.
He's desperate to get you back in his Iife.
1027
01:03:28,392 --> 01:03:30,269
He's not who you think he is, Jake!
1028
01:03:30,394 --> 01:03:33,105
PeopIe change.
It was a Iong time ago. Winnie.
1029
01:03:37,067 --> 01:03:38,861
He'II hurt us.
1030
01:03:40,320 --> 01:03:42,281
Don't go back in there.
1031
01:03:50,873 --> 01:03:52,708
Are we reaIIy going to Iead
with this Babaco SoIar?
1032
01:03:53,292 --> 01:03:56,336
It's a hustIe, Bretton. I passed on it
twice within the Iast two years.
1033
01:03:56,461 --> 01:03:57,880
They spin a sexy story
1034
01:03:58,005 --> 01:03:59,965
with these super-thin
cadmium teIIuride semiconductors,
1035
01:04:00,090 --> 01:04:01,758
but the truth is,
the technoIogy is not proprietary...
1036
01:04:01,884 --> 01:04:04,303
We've been over this, Bretton.
You are unbeIievabIe, Moore.
1037
01:04:04,428 --> 01:04:06,096
Babaco is a cow. It's dead in the water.
1038
01:04:06,221 --> 01:04:07,931
The Chinese aren't stupid.
They're not going to go for it.
1039
01:04:08,056 --> 01:04:09,057
Yeah, a cash cow maybe.
1040
01:04:09,183 --> 01:04:11,226
They've been saying fusion
is five years away for the Iast 40 years.
1041
01:04:11,351 --> 01:04:12,477
It is. Laser fusion is the future.
1042
01:04:12,603 --> 01:04:13,812
Can you prove that, boy genius?
1043
01:04:13,937 --> 01:04:16,315
Can you prove evoIution, girI genius?
That seems to work, though, right?
1044
01:04:16,440 --> 01:04:17,983
Look, knock it off. Both of you.
1045
01:04:18,108 --> 01:04:21,153
These guys are parking 15 biIIion
across the board in energy sectors
1046
01:04:21,278 --> 01:04:23,280
and I want them here, okay?
1047
01:04:23,405 --> 01:04:27,784
CaroI's taking the Iead on this.
Our recommend is Babaco. That's finaI.
1048
01:04:31,455 --> 01:04:32,998
Go ahead.
I'II take you to dinner some other time.
1049
01:04:33,123 --> 01:04:34,625
Eat me, Moore.
1050
01:04:35,375 --> 01:04:38,086
Babaco is at the forefront
of deveIoping thin fiIm technoIogy
1051
01:04:38,212 --> 01:04:41,507
to incorporate soIar ceIIs
into pIiabIe pIastic sheets.
1052
01:04:41,632 --> 01:04:45,052
We beIieve that within the next few years
we can approach the 20% IeveI
1053
01:04:45,177 --> 01:04:48,680
making it a perfect match for the
expIosion of growth and energy needs,
1054
01:04:48,805 --> 01:04:51,141
which, as you know, is growing at 40%.
1055
01:04:52,309 --> 01:04:54,686
Thin fiIm technoIogy
is the breakthrough here.
1056
01:04:55,395 --> 01:04:57,481
And in 2010,
1057
01:04:57,856 --> 01:05:00,859
thin fiIm is going to surpass
crystaIIine siIicon.
1058
01:05:01,235 --> 01:05:02,611
And that's about it.
1059
01:05:05,822 --> 01:05:08,283
-Go ahead.
-So, with the worId energy demand
1060
01:05:08,408 --> 01:05:11,078
growing 40% in the next 20 years,
1061
01:05:11,203 --> 01:05:13,121
we at Church beIieve, Mr. Xu,
1062
01:05:13,247 --> 01:05:16,542
that Babaco SoIar
is a cutting-edge no-brainer.
1063
01:05:17,167 --> 01:05:19,628
Good for a 20% return
in the next two years
1064
01:05:19,753 --> 01:05:22,840
with a 30 to 40% upside
in the next five years.
1065
01:05:23,549 --> 01:05:25,592
Thank you, Miss CaroI.
1066
01:05:25,717 --> 01:05:30,430
SoIar wiII make an important part
of our portfoIio.
1067
01:05:30,764 --> 01:05:35,727
But truthfuIIy, we have seen
simiIar technoIogy from another firm.
1068
01:05:36,395 --> 01:05:39,022
As you know, China's demand
1069
01:05:39,147 --> 01:05:43,026
wiII more than doubIe
before my daughter turns 21.
1070
01:05:43,318 --> 01:05:47,739
So we are Iooking for the next 100 years.
1071
01:05:47,865 --> 01:05:51,451
Where even my grandson
can spend money.
1072
01:05:51,577 --> 01:05:53,996
Do you have anything eIse
to present to us today?
1073
01:05:54,329 --> 01:05:56,039
We've come a Iong way.
1074
01:05:59,418 --> 01:06:00,460
Listen, Wang,
1075
01:06:00,586 --> 01:06:04,631
now, we got a great new Iine
on this shaIe oiI technoIogy.
1076
01:06:05,924 --> 01:06:09,052
Let's just dig a Iot deeper for a price
that we think is a good one.
1077
01:06:09,261 --> 01:06:11,889
We'II have a compIete workup for you
by the end of the month.
1078
01:06:12,014 --> 01:06:14,975
AII right, Bretton. That sounds promising.
1079
01:06:15,100 --> 01:06:16,476
What about fusion?
1080
01:06:17,477 --> 01:06:18,854
We happen to be working
with a company right now.
1081
01:06:18,979 --> 01:06:22,316
It's got aII the hardware in pIace.
Started by the Department of Energy.
1082
01:06:22,441 --> 01:06:24,860
They share R&D faciIities
with the University of CaIifornia.
1083
01:06:25,277 --> 01:06:28,655
It's got a market cap right now
of about a biIIion. No earnings.
1084
01:06:28,780 --> 01:06:31,575
Fusion has been around a Iong time.
1085
01:06:34,036 --> 01:06:36,038
"Good things take time."
1086
01:06:37,206 --> 01:06:38,373
The simple of it is,
1087
01:06:38,498 --> 01:06:40,751
it's using the intense energy
of some 200 laser beams
1088
01:06:40,876 --> 01:06:43,629
focused on a single target
the size of a few grains of rice
1089
01:06:43,754 --> 01:06:45,339
fiIIed with hydrogen fueI.
1090
01:06:45,464 --> 01:06:47,758
So the idea being that
when that target combusts
1091
01:06:48,008 --> 01:06:50,260
it produces more energy than it took in.
1092
01:06:51,220 --> 01:06:54,223
AII the tests they've done indicate
that they can use this ignition process
1093
01:06:54,348 --> 01:06:57,059
to turn simpIe seawater into energy.
1094
01:06:58,227 --> 01:07:00,562
lt's called
Ocean Thermal Energy Conversion
1095
01:07:00,687 --> 01:07:02,773
using the reaction between hot water
on the surface
1096
01:07:02,898 --> 01:07:05,317
and cold water beneath
to power the lasers.
1097
01:07:05,609 --> 01:07:08,195
So what you wind up with
is unIimited cIean energy.
1098
01:07:08,320 --> 01:07:10,864
How do you contain the expIosion?
1099
01:07:10,989 --> 01:07:12,699
That's a secret
I can't reaIIy share with you right now.
1100
01:07:12,824 --> 01:07:15,536
Not to be secretive, but I couId
probabIy get you in there for a peek.
1101
01:07:15,661 --> 01:07:18,080
Maybe next week,
on your way back to Beijing from DC?
1102
01:07:20,666 --> 01:07:22,459
Mr. Wang, I got you something.
1103
01:07:22,668 --> 01:07:24,628
This is American baijiu.
1104
01:07:26,463 --> 01:07:29,216
"Johnnie WaIker BIue LabeI."
1105
01:07:29,341 --> 01:07:30,342
Thank you.
1106
01:07:30,467 --> 01:07:31,969
-Miss Chung, this is for you.
-Thank you.
1107
01:07:40,143 --> 01:07:41,812
I used to go with ZabeI to China.
1108
01:07:41,937 --> 01:07:45,357
Their cuIture's as much about manners
as it is about business.
1109
01:07:45,482 --> 01:07:47,651
They're on the hook, Jake.
That's aII I care about.
1110
01:07:47,860 --> 01:07:48,861
Good.
1111
01:07:49,319 --> 01:07:51,154
I'II send him some bamboo fIowers
1112
01:07:51,280 --> 01:07:53,991
symboIizing continued growth
and prosperity.
1113
01:07:54,116 --> 01:07:58,036
You don't aIways Iisten so good, Jake,
but you got fight in you.
1114
01:07:58,161 --> 01:07:59,496
I Iike that.
1115
01:08:12,968 --> 01:08:15,596
I think you might just have something
on James.
1116
01:08:15,721 --> 01:08:20,142
My friend in SwitzerIand, he confirmed
that this Locust Fund, it exists and it's big.
1117
01:08:20,642 --> 01:08:22,269
A biIIion doIIars.
1118
01:08:23,270 --> 01:08:25,355
It just might be our friend Bretton
1119
01:08:25,480 --> 01:08:28,692
was trading through his own account,
outside of ChurchiII Schwartz.
1120
01:08:29,359 --> 01:08:31,278
Can we get that on the record?
1121
01:08:31,403 --> 01:08:33,197
That's the hard part, isn't it?
1122
01:08:37,201 --> 01:08:40,412
So what are we going to do
about my daughter, Jake?
1123
01:08:41,038 --> 01:08:44,124
I toId you, I'm sorry about the other night.
Gordon, I can't controI her, you know?
1124
01:08:44,291 --> 01:08:45,375
Yeah.
1125
01:08:46,043 --> 01:08:51,256
You know, they say parents are the bones
on which chiIdren sharpen their teeth.
1126
01:08:52,758 --> 01:08:55,177
Find another way for me to get with her.
You know, there's got to be...
1127
01:08:55,302 --> 01:08:57,471
That dinner that's coming up,
aII the Street guys are going?
1128
01:08:57,596 --> 01:09:01,099
-The AIzheimer's thing at the Met.
-Yeah. I'm taking her.
1129
01:09:01,558 --> 01:09:03,977
I wish I had 10K for a seat.
1130
01:09:04,102 --> 01:09:06,688
A writer's got to seII
a Iot of books for that.
1131
01:09:08,065 --> 01:09:10,651
And we both know how Winnie
wouId react to the fact
1132
01:09:10,776 --> 01:09:13,987
that you've been bonding
with your future father-in-Iaw.
1133
01:09:14,112 --> 01:09:15,697
Is that a threat?
1134
01:09:16,907 --> 01:09:18,242
AbsoIuteIy.
1135
01:09:21,036 --> 01:09:22,538
WeII, consider it done.
1136
01:09:22,663 --> 01:09:25,332
I just got to put you at another tabIe.
It's got to Iook Iike an accident.
1137
01:09:26,250 --> 01:09:27,626
I Iike trading with you, Jake.
1138
01:09:28,335 --> 01:09:30,170
See you around campus.
1139
01:09:31,463 --> 01:09:32,965
Hey.
1140
01:09:33,382 --> 01:09:35,384
Get her a ring, for Christ's sake!
1141
01:09:58,824 --> 01:09:59,825
How are you, BiII?
1142
01:09:59,950 --> 01:10:01,451
JuIie, how nice to see you.
1143
01:10:01,577 --> 01:10:03,871
WeII, it's a pIeasure to see you, WiIIiam.
1144
01:10:03,996 --> 01:10:05,747
So nice to see you.
1145
01:10:07,165 --> 01:10:09,459
Have you spoken to J.P.
about the conservancy?
1146
01:10:17,843 --> 01:10:19,178
-Hi, nice to meet you.
-Hi.
1147
01:10:19,303 --> 01:10:22,181
CongratuIations.
Looks Iike you won this one.
1148
01:10:23,765 --> 01:10:25,517
-Hi.
-It's not over yet.
1149
01:10:26,226 --> 01:10:28,020
-Have you met Jake?
-Good to see you. How's your husband?
1150
01:10:28,145 --> 01:10:29,146
Very weII.
1151
01:10:31,523 --> 01:10:33,525
I gotta teII you, Mr. Gekko,
1152
01:10:33,650 --> 01:10:36,236
seeing you speak was inspirationaI
on so many IeveIs.
1153
01:10:36,361 --> 01:10:37,863
Because, I'II teII you, I'm on the outside.
1154
01:10:37,988 --> 01:10:40,407
I'm Iooking at aII my buddies
making aII this money
1155
01:10:40,532 --> 01:10:41,783
and I'm thinking, "FeIIas,
1156
01:10:41,909 --> 01:10:44,620
"there's no there, there." You know?
1157
01:10:44,745 --> 01:10:46,872
But Iisten, I'm at your tabIe.
We can taIk about this aII night.
1158
01:10:46,997 --> 01:10:49,541
That's great, Robby.
I'II see you Iater then, aII right?
1159
01:10:49,666 --> 01:10:51,001
Hey, Gordon.
1160
01:10:52,419 --> 01:10:54,004
Looking good.
1161
01:10:54,129 --> 01:10:55,297
My God.
1162
01:10:56,298 --> 01:10:59,676
Bud Fox, huh? I haven't seen you in years.
1163
01:11:00,552 --> 01:11:01,845
This is Erin and Christina.
1164
01:11:01,970 --> 01:11:03,597
-Hi.
-HeIIo. Hi.
1165
01:11:04,389 --> 01:11:08,018
What was that airIine caIIed?
BIue Star, that's right.
1166
01:11:08,143 --> 01:11:10,687
That must be keeping you
pretty busy now, huh?
1167
01:11:11,855 --> 01:11:13,148
Excuse me.
1168
01:11:14,775 --> 01:11:18,695
WeII, after a IittIe time away,
I actuaIIy turned it into
1169
01:11:18,820 --> 01:11:23,575
one of the Iargest private jet brokerages
in the worId and soId it. Made miIIions.
1170
01:11:23,700 --> 01:11:26,787
That's great, paI. That's reaIIy great.
So what's up next?
1171
01:11:27,871 --> 01:11:30,082
You're Iooking at it. GoIf,
1172
01:11:30,624 --> 01:11:34,086
winters in St. Barts, phiIanthropy.
1173
01:11:35,254 --> 01:11:36,630
And how about you, Gordon?
1174
01:11:37,214 --> 01:11:40,801
Does BIue Horseshoe
stiII Iove Anacott SteeI?
1175
01:11:41,718 --> 01:11:43,095
You know it.
1176
01:11:45,305 --> 01:11:47,391
WeII, I'II see you around
sometime, Gordon.
1177
01:11:48,600 --> 01:11:50,310
Stay out of troubIe.
1178
01:12:44,865 --> 01:12:46,867
And the website's caIIed Frozen Truth.
1179
01:12:46,992 --> 01:12:48,243
-Frozen Truth?
-Yeah.
1180
01:12:48,368 --> 01:12:50,412
That's catchy. I Iike that.
1181
01:12:50,537 --> 01:12:53,415
What we reaIIy need
is some game-changing news.
1182
01:12:53,540 --> 01:12:57,085
And now you can come out of nowhere
with one big story.
1183
01:12:57,211 --> 01:12:59,421
Since "Mission AccompIished"
broke the Senator's affair,
1184
01:12:59,546 --> 01:13:01,590
they've gotten 200,000 hits a day.
1185
01:13:02,382 --> 01:13:03,592
Is it expensive to run?
1186
01:13:03,717 --> 01:13:05,260
Not reaIIy. It's a shoestring budget.
1187
01:13:06,553 --> 01:13:08,764
Maybe Jake can find ways
to raise you some money
1188
01:13:08,889 --> 01:13:10,265
fIip it to the pubIic?
1189
01:13:11,058 --> 01:13:13,769
We don't reaIIy want to go pubIic.
It wouId affect our credibiIity.
1190
01:13:13,894 --> 01:13:15,270
We want to stay non-profit.
1191
01:13:15,562 --> 01:13:17,648
Non-profit? What is that?
I don't know what that is.
1192
01:13:17,773 --> 01:13:20,400
-I've heard the term before, "non-profit."
-That's very funny.
1193
01:13:20,526 --> 01:13:23,111
You know what it is?
Isn't that when you came out of schooI
1194
01:13:23,237 --> 01:13:25,489
and you had to do something for
the government, Iike it was mandatory?
1195
01:13:25,614 --> 01:13:27,950
-Very funny.
-It was caIIed the draft.
1196
01:13:28,075 --> 01:13:29,284
-It was caIIed the draft.
-It's caIIed the draft.
1197
01:13:29,409 --> 01:13:31,161
So one day, Brett, ChurchiII Schwartz
1198
01:13:31,286 --> 01:13:34,122
is going to buy every tabIe
at this jackaI's baII.
1199
01:13:34,248 --> 01:13:36,959
They're going to caII it
"a reIigious revivaI."
1200
01:13:39,086 --> 01:13:41,213
Winn, you don't have to Ieave
on my behaIf.
1201
01:13:41,338 --> 01:13:42,840
I'm onIy going to be here
a coupIe of seconds.
1202
01:13:42,965 --> 01:13:44,716
No. Stay. I'm just going to get some air.
1203
01:13:57,771 --> 01:14:01,567
If somebody took this pIace out tonight,
there'd be nobody Ieft to ruIe the worId.
1204
01:14:03,944 --> 01:14:07,739
But, Brett, congratuIations.
I know how hard you worked for aII of this.
1205
01:14:08,240 --> 01:14:10,409
I go by "Bretton" these days.
1206
01:14:11,118 --> 01:14:14,413
It's a beneficiary of a few buII markets.
That's aII it takes.
1207
01:14:14,621 --> 01:14:16,790
So easy, even a caveman can do it, right?
1208
01:14:16,915 --> 01:14:18,083
That's right.
1209
01:14:18,208 --> 01:14:21,503
You make modesty a virtue, Bretton.
1210
01:14:22,087 --> 01:14:26,091
The truth is, nobody needs
inside information anymore to get rich.
1211
01:14:26,967 --> 01:14:30,596
AII you have to do is stay out of jaiI.
1212
01:14:31,180 --> 01:14:32,931
-GIad to be here, Bretton.
-Herb.
1213
01:14:33,098 --> 01:14:37,311
ActuaIIy, jaiI was the best thing
that ever happened to me.
1214
01:14:37,436 --> 01:14:39,479
-Oh, yeah?
-Got me to think.
1215
01:14:40,147 --> 01:14:41,773
It centers a man.
1216
01:14:42,691 --> 01:14:45,444
I probabIy shouId thank
whoever put me in there.
1217
01:14:49,031 --> 01:14:51,283
You know, I saw you on teIevision
the other night.
1218
01:14:52,159 --> 01:14:54,203
You are quite the bear.
1219
01:14:55,037 --> 01:14:56,205
You be carefuI, you know.
1220
01:14:56,330 --> 01:14:58,999
Your daughter's financiaI heaIth
is now in our hands.
1221
01:14:59,124 --> 01:15:01,460
-So it is, so it is.
-Yeah, it is.
1222
01:15:01,585 --> 01:15:04,546
But your firm knows sub-primes are crap.
1223
01:15:05,172 --> 01:15:08,967
The way you keep buying
Bernie's insurance swaps IateIy,
1224
01:15:09,092 --> 01:15:13,055
I mean, I gotta worry about
my grandchiIdren's coIIege education.
1225
01:15:14,139 --> 01:15:16,642
-We Iike insurance.
-What's not to Iike?
1226
01:15:17,184 --> 01:15:20,312
Easy seIIing crack to kids
in a schooI pIayground.
1227
01:15:20,521 --> 01:15:23,357
Credit defauIt swap is a good idea.
It's the execution that isn't.
1228
01:15:24,274 --> 01:15:26,360
WeII, you know what they say.
1229
01:15:26,485 --> 01:15:30,822
BuIIs make money, bears make money,
and the pigs, they get sIaughtered.
1230
01:15:31,156 --> 01:15:33,617
I thought this was a charity event, Gordon.
1231
01:15:33,742 --> 01:15:36,119
Why don't you go find some?
1232
01:15:37,204 --> 01:15:40,082
TeII you what.
I'II make you a deaI, Bretton.
1233
01:15:40,791 --> 01:15:45,003
You stop teIIing Iies about me,
I'II stop teIIing the truth about you.
1234
01:15:55,222 --> 01:15:56,223
That's sad.
1235
01:15:57,224 --> 01:15:59,268
-Isn't it?
-It's pathetic.
1236
01:15:59,393 --> 01:16:01,603
That he can't just take his baII
and go home.
1237
01:16:01,728 --> 01:16:04,106
He has to piss on the whoIe game.
1238
01:16:06,817 --> 01:16:10,028
-I'm going to go find Winnie.
-Oh, Iook, by the way,
1239
01:16:10,863 --> 01:16:12,698
I taIked to Wang today.
1240
01:16:14,324 --> 01:16:18,120
I think the Chinese are cIose. Very cIose.
1241
01:16:19,121 --> 01:16:21,456
In any case, I want to taIk to you
about the future,
1242
01:16:21,582 --> 01:16:23,542
about how we're going
to bring this over the top.
1243
01:16:23,667 --> 01:16:24,877
-Sure.
-Okay?
1244
01:16:25,002 --> 01:16:26,712
-Tomorrow?
-PossibIy tomorrow.
1245
01:16:26,837 --> 01:16:28,130
-Okay. Okay.
-AII right.
1246
01:16:35,596 --> 01:16:36,638
Hi.
1247
01:16:44,813 --> 01:16:46,773
He's a good kid.
1248
01:16:46,899 --> 01:16:49,234
He came from nothing.
1249
01:16:49,359 --> 01:16:51,445
HustIer, Iike me.
1250
01:16:55,157 --> 01:16:57,743
You think he's the one for you, Winn?
1251
01:16:58,452 --> 01:16:59,453
Yep.
1252
01:17:01,705 --> 01:17:03,665
WeII, just make sure he's worthy of you
1253
01:17:03,790 --> 01:17:07,419
because, whether you Iike it or not,
you're stiII a Gekko.
1254
01:17:10,172 --> 01:17:12,174
And whether you Iike it or not
1255
01:17:12,299 --> 01:17:14,968
that name
doesn't mean anything anymore.
1256
01:17:18,222 --> 01:17:20,682
Why do you say something Iike that?
1257
01:17:21,433 --> 01:17:23,352
We had an agreement.
1258
01:17:23,477 --> 01:17:26,730
You remember?
Last time you came down to see me?
1259
01:17:26,855 --> 01:17:28,941
We were going to take a IittIe trip.
1260
01:17:29,066 --> 01:17:32,236
When I got out, you remember that?
To SwitzerIand?
1261
01:17:32,528 --> 01:17:33,946
Yeah.
1262
01:17:34,071 --> 01:17:35,822
That was before Rudy.
1263
01:17:40,494 --> 01:17:43,914
Some of the things that came out
after you went away,
1264
01:17:45,832 --> 01:17:48,752
things you were recorded saying,
the affairs?
1265
01:17:50,170 --> 01:17:52,881
That wasn't you. That wasn't my father.
It was some sociopath.
1266
01:17:53,006 --> 01:17:54,550
-It was nine years ago.
-So?
1267
01:17:54,675 --> 01:17:56,218
When are you going to stop?
1268
01:18:02,224 --> 01:18:05,394
You got no idea
what heII I went through in there.
1269
01:18:05,519 --> 01:18:08,021
HeII, for you? It was heII for you?
1270
01:18:08,146 --> 01:18:12,025
Do you know what you did to Rudy?
To aII of us? You drove Mom mad.
1271
01:18:12,150 --> 01:18:13,151
Winnie,
1272
01:18:14,027 --> 01:18:15,696
he was my onIy son.
1273
01:18:18,699 --> 01:18:21,451
I tried everything.
I put him in the 12-step deaI.
1274
01:18:21,577 --> 01:18:24,454
I never toId you,
I borrowed money from hardcore guys.
1275
01:18:24,580 --> 01:18:27,374
Tens of thousands of doIIars,
which I didn't have.
1276
01:18:28,250 --> 01:18:31,211
I gave it to the best therapist I couId find.
1277
01:18:31,420 --> 01:18:36,258
I even tried to pay off one scumbag deaIer
not to seII any more to my boy!
1278
01:18:38,093 --> 01:18:40,387
But if you'd been there, Dad...
1279
01:18:42,890 --> 01:18:45,601
If you hadn't been in prison,
1280
01:18:45,934 --> 01:18:47,978
it wouId've been different.
1281
01:18:49,479 --> 01:18:52,566
Winnie, you got no idea
1282
01:18:52,816 --> 01:18:55,444
how much I beat myseIf up,
1283
01:18:55,569 --> 01:18:58,113
how many mistakes I made as a father.
1284
01:18:59,448 --> 01:19:00,782
Rudy...
1285
01:19:01,617 --> 01:19:03,827
He was a victim, you know.
Like, he had cancer.
1286
01:19:03,952 --> 01:19:05,662
You cannot bIame me.
1287
01:19:07,206 --> 01:19:09,708
And you gotta stop bIaming yourseIf.
1288
01:19:20,636 --> 01:19:22,763
You're aII I got Ieft, honey.
1289
01:19:24,765 --> 01:19:26,099
Nothing eIse
1290
01:19:27,434 --> 01:19:28,602
matters.
1291
01:19:32,022 --> 01:19:35,692
I cannot make it right again,
but I can make things better.
1292
01:19:38,362 --> 01:19:39,530
I'm your dad.
1293
01:19:41,156 --> 01:19:44,326
And whatever you say
tiII the day that I die,
1294
01:19:45,827 --> 01:19:47,287
you're my gaI.
1295
01:19:49,122 --> 01:19:50,832
You're the onIy one.
1296
01:19:51,875 --> 01:19:53,377
You're my baby.
1297
01:19:58,465 --> 01:19:59,883
PIease.
1298
01:20:01,051 --> 01:20:04,555
Winnie, just try to forgive me.
1299
01:20:19,695 --> 01:20:20,737
Dad.
1300
01:20:39,506 --> 01:20:40,507
It's done, Doc.
1301
01:20:40,716 --> 01:20:42,926
Look, you're an oIder guy, so
I don't want you to have a heart attack.
1302
01:20:43,051 --> 01:20:46,180
But Bretton James just said
we're gonna get $100 miIIion!
1303
01:20:46,305 --> 01:20:48,348
-Are you serious, my boy?
-Yes!
1304
01:20:48,473 --> 01:20:50,267
Bretton says the Chinese are cIose!
1305
01:20:50,475 --> 01:20:52,769
But Iook, you get some sIeep, aII right?
You deserve it.
1306
01:20:52,895 --> 01:20:55,647
-Thank you, Jacob.
-I'II taIk to you soon.
1307
01:21:34,436 --> 01:21:36,230
There is carnage on Wall Street.
1308
01:21:37,064 --> 01:21:39,733
The shares of the major
financial stocks plummeting.
1309
01:21:39,858 --> 01:21:42,027
lt's triggering a major sell-off
in the markets.
1310
01:21:42,152 --> 01:21:43,820
The damage, widespread.
1311
01:21:43,946 --> 01:21:44,947
The NASDAQ's plunging.
1312
01:21:45,072 --> 01:21:47,783
The Dow Jones lndustrial A verage
is plunging, and oil is plunging.
1313
01:21:48,158 --> 01:21:49,993
Literally a 180 points
just added to the decline.
1314
01:21:50,494 --> 01:21:51,870
You can hear the hollering on the floor.
1315
01:21:51,995 --> 01:21:54,915
We're down 260, literally in a split second.
1316
01:21:55,040 --> 01:21:56,792
Right now,
the Dow Jones lndustrial A verage
1317
01:21:56,917 --> 01:21:59,586
is now 500 points on the decline.
1318
01:21:59,878 --> 01:22:01,922
The headline of the
new housing report is grim
1319
01:22:02,047 --> 01:22:05,759
that this is shaping up to be the worst
real estate market in a generation.
1320
01:22:05,884 --> 01:22:07,803
We are now at the highest point there, 724.
1321
01:22:07,928 --> 01:22:09,888
That was the biggest loss
we've seen today.
1322
01:22:10,013 --> 01:22:11,849
We're now in historic territory.
1323
01:22:11,974 --> 01:22:14,309
lnvestors are getting
their heads handed to them
1324
01:22:14,434 --> 01:22:17,437
as another US banking institution
nears collapse.
1325
01:22:17,563 --> 01:22:20,357
The President's Working Group
is going into emergency meetings
1326
01:22:20,482 --> 01:22:23,527
with the Secretary of the Treasury
and the Federal Reserve Board.
1327
01:22:31,910 --> 01:22:35,372
The President's Chief of Staff
is caIIing back in an hour.
1328
01:22:35,497 --> 01:22:36,790
He's with the President.
1329
01:22:36,915 --> 01:22:40,460
And he's going to want to know
what I think we shouId do.
1330
01:22:41,378 --> 01:22:43,630
This isn't KeIIer ZabeI, BiII.
1331
01:22:45,674 --> 01:22:47,801
This is too big to faiI.
1332
01:22:47,968 --> 01:22:51,096
-This is just an insane situation.
-This is now.
1333
01:22:51,221 --> 01:22:54,224
There's about 70-pIus triIIion out there
in credit defauIt swaps
1334
01:22:54,349 --> 01:22:55,684
heId by roughIy 17 banks.
1335
01:22:55,809 --> 01:22:57,978
And we do not know where the bottom is.
1336
01:22:59,521 --> 01:23:01,773
How much are you guys thinking?
1337
01:23:01,899 --> 01:23:03,859
At Ieast five.
1338
01:23:03,984 --> 01:23:05,986
I think six.
1339
01:23:06,111 --> 01:23:09,323
BiII, I frankIy think
Harry and CharIie are Iow.
1340
01:23:09,448 --> 01:23:11,575
I think we're taIking seven, eight.
1341
01:23:11,700 --> 01:23:13,285
Hundred biIIion?
1342
01:23:19,458 --> 01:23:21,168
SeIIing this to Congress is the probIem.
1343
01:23:21,793 --> 01:23:24,129
They're going to want to know
where the money's going.
1344
01:23:24,254 --> 01:23:26,465
They'II jawbone this to death.
1345
01:23:29,510 --> 01:23:31,094
-Scare them.
-How?
1346
01:23:32,012 --> 01:23:33,722
TeII them the truth.
1347
01:23:34,348 --> 01:23:37,267
The government's got to
restore confidence.
1348
01:23:37,392 --> 01:23:40,229
If we don't stop the bIeeding,
in three days,
1349
01:23:40,354 --> 01:23:42,940
haIf the banks in this room
are out of business.
1350
01:23:43,065 --> 01:23:45,400
And in five days, we're aII gone.
1351
01:23:47,236 --> 01:23:49,863
You men reaIize what you've done here?
1352
01:23:51,990 --> 01:23:56,662
You are asking for the biggest baiIout
in the history of this country.
1353
01:23:57,746 --> 01:24:00,415
You're taIking nationaIization, Bretton.
1354
01:24:01,250 --> 01:24:02,584
SociaIism.
1355
01:24:05,212 --> 01:24:08,924
I have fought it aII my Iife.
1356
01:24:10,092 --> 01:24:12,511
And if we don't get it, BiII,
1357
01:24:12,761 --> 01:24:14,805
there won't be any history.
1358
01:24:15,305 --> 01:24:16,682
Music stops.
1359
01:24:18,183 --> 01:24:19,560
BaII's over.
1360
01:24:23,605 --> 01:24:24,731
JuIie?
1361
01:24:26,483 --> 01:24:27,901
1929.
1362
01:24:30,070 --> 01:24:32,948
It'II get worse now, because it'II go faster.
1363
01:24:33,824 --> 01:24:38,412
Money markets wiII dry up
around the worId by the end of the week.
1364
01:24:38,537 --> 01:24:41,456
ATMs wiII stop spitting biIIs.
1365
01:24:43,041 --> 01:24:45,752
FederaI Deposit Insurance wiII coIIapse.
1366
01:24:46,670 --> 01:24:48,630
Banks wiII cIose.
1367
01:24:48,839 --> 01:24:50,424
Mobs, panic.
1368
01:24:54,011 --> 01:24:57,139
It's going to be the end of the worId, BiII.
1369
01:25:01,602 --> 01:25:02,644
See?
1370
01:25:09,651 --> 01:25:11,195
AII right, boys.
1371
01:25:12,404 --> 01:25:14,489
You'II hear from us tonight.
1372
01:25:18,368 --> 01:25:19,953
What is going to happen here?
Does government have to get involved?
1373
01:25:20,078 --> 01:25:22,915
Are we potentially at a point
where we might actually lose
1374
01:25:23,040 --> 01:25:24,917
the financial system as we know it?
1375
01:25:25,042 --> 01:25:26,960
lf the government doesn't get involved,
1376
01:25:27,085 --> 01:25:30,339
there is a risk of a global meltdown
of the global financial system.
1377
01:25:30,464 --> 01:25:31,715
This is a financial crisis,
1378
01:25:31,840 --> 01:25:34,760
and anyone who doesn't admit that
is just kidding themselves.
1379
01:25:34,885 --> 01:25:36,261
-We've seen something like this.
-Polly, l disagree.
1380
01:25:36,386 --> 01:25:39,097
You've gotta get the government to say no
in a situation like this.
1381
01:25:39,223 --> 01:25:41,934
True capitalism
is about disaster and correction.
1382
01:25:42,059 --> 01:25:43,268
lt's a natural cycle.
1383
01:25:43,393 --> 01:25:44,811
Without it, you create all kinds
1384
01:25:44,937 --> 01:25:47,231
-of artificial anomalies in the market.
-But if we don't fix this now,
1385
01:25:47,356 --> 01:25:48,815
you're going to have...
1386
01:25:48,941 --> 01:25:52,027
This is something this country
hasn't experienced before.
1387
01:25:52,194 --> 01:25:53,362
lt's an economic Pearl Harbor.
1388
01:25:53,904 --> 01:25:55,697
We got to figure out some way
to put the fire out.
1389
01:25:55,822 --> 01:25:57,908
And that means government...
1390
01:26:03,330 --> 01:26:05,374
Your father predicted this.
1391
01:26:08,669 --> 01:26:09,795
When I was IittIe,
1392
01:26:10,587 --> 01:26:13,507
I'd hear my dad in the kitchen Iate at night.
1393
01:26:15,133 --> 01:26:16,260
His case was on appeaI.
1394
01:26:19,096 --> 01:26:22,015
I'd go and sit with him. We'd eat ice cream.
1395
01:26:23,642 --> 01:26:25,853
I never knew him as a peacefuI person.
1396
01:26:28,272 --> 01:26:29,982
It aIways scared me.
1397
01:26:31,108 --> 01:26:32,568
This is scary.
1398
01:26:33,819 --> 01:26:35,696
What's going to happen?
1399
01:26:37,948 --> 01:26:39,575
It'II be the end.
1400
01:26:43,579 --> 01:26:45,581
WeII, that's unacceptabIe.
1401
01:26:47,040 --> 01:26:48,208
Why?
1402
01:26:49,251 --> 01:26:50,919
Because I'm pregnant, Jake.
1403
01:27:01,597 --> 01:27:03,432
-You're pregnant?
-Yeah.
1404
01:27:12,900 --> 01:27:14,484
That's fantastic.
1405
01:27:38,759 --> 01:27:41,553
And we are talking on the S&P 500
1406
01:27:41,678 --> 01:27:44,348
a loss of almost eight percent in one day,
1407
01:27:44,473 --> 01:27:46,975
surpassing September 1 7th, 2001.
1408
01:27:47,100 --> 01:27:50,395
That's the day markets opened
after the attacks of 9/ 1 1.
1409
01:27:50,521 --> 01:27:51,939
...last night on Wall Street
1410
01:27:52,064 --> 01:27:54,942
and swept through
Japan, China, lndia and Europe
1411
01:27:55,067 --> 01:27:59,196
after one of the worst days
on global stock markets in modern times.
1412
01:28:43,866 --> 01:28:45,701
They said your office.
1413
01:28:47,619 --> 01:28:50,873
It's too depressing today.
This is my other office.
1414
01:28:52,416 --> 01:28:54,626
This might be dangerous.
Think you can keep up?
1415
01:28:54,835 --> 01:28:56,879
WorId's crashing anyway. We'II see, right?
1416
01:30:20,128 --> 01:30:21,880
That's not bad, Jake.
1417
01:30:22,673 --> 01:30:24,967
Though I think they might have given you
the faster bike.
1418
01:30:25,092 --> 01:30:27,177
I'm sure that's what it was.
1419
01:30:28,679 --> 01:30:29,930
You know,
1420
01:30:30,639 --> 01:30:32,349
I've aIways beIieved
that a man shouId have,
1421
01:30:32,474 --> 01:30:36,895
at one time or another in his Iife,
both a mentor and a protégé.
1422
01:30:37,354 --> 01:30:38,397
Who's yours?
1423
01:30:38,522 --> 01:30:40,524
The man who brought me
into ChurchiII Schwartz.
1424
01:30:40,649 --> 01:30:45,028
BiII CIark at Treasury. He's been
a good friend to us during this crisis.
1425
01:30:45,779 --> 01:30:48,240
You got the makings of a Ieader, Jake.
1426
01:30:48,365 --> 01:30:51,702
I just want you to know,
there's no hard feeIings on this.
1427
01:30:52,494 --> 01:30:54,162
No one's going to Iose.
1428
01:30:54,288 --> 01:30:56,582
With CIark in, I think we're in good shape.
1429
01:30:56,707 --> 01:30:58,417
You got a great future.
1430
01:30:58,542 --> 01:31:00,252
I don't understand.
1431
01:31:00,752 --> 01:31:02,796
Didn't you read this morning's
capitaI breakdown?
1432
01:31:02,921 --> 01:31:06,175
No, I came right up to the roof.
Why? What happened?
1433
01:31:07,843 --> 01:31:13,682
Look, the Chinese money,
it's going to Babaco SoIar.
1434
01:31:15,767 --> 01:31:17,686
-What?
-We took another Iook
1435
01:31:17,811 --> 01:31:20,480
and we just don't think United Fusion
is ever gonna achieve what they cIaim.
1436
01:31:20,606 --> 01:31:22,941
Babaco needs this money to buiId
these three fabrications...
1437
01:31:23,066 --> 01:31:24,276
You might as weII
just burn the money, Bretton.
1438
01:31:24,401 --> 01:31:26,737
You toId me, I toId Dr. Masters.
He's expecting it.
1439
01:31:26,862 --> 01:31:28,864
The decision's been made.
1440
01:31:28,989 --> 01:31:30,991
UnIess you want it to die.
1441
01:31:32,159 --> 01:31:36,622
Of course. Seawater is in a Iot more suppIy
than crude. Right, Bretton?
1442
01:31:36,747 --> 01:31:39,917
-You an ideaIist or a capitaIist, Jacob?
-I'm a reaIist.
1443
01:31:40,751 --> 01:31:42,794
You're a reaI piece of work, Bretton.
1444
01:31:42,920 --> 01:31:45,047
You're giving the money to Babaco
because it's a hustIe.
1445
01:31:45,172 --> 01:31:48,008
It's aII inside. That's why
your oiI companies are safe, right?
1446
01:31:48,133 --> 01:31:53,096
The mentor-protégé reIationship
is not emotionaI over anything.
1447
01:31:54,097 --> 01:31:56,683
I thought you might be a good addition
to the ChurchiII Schwartz team.
1448
01:31:56,808 --> 01:31:58,393
-Am I mistaken?
-Let me teII you something, Bretton.
1449
01:31:58,519 --> 01:32:01,772
You are not my mentor. Lou ZabeI was.
And whether you admit it or not,
1450
01:32:02,022 --> 01:32:04,942
your raid destroyed ZabeI
and forced him to suicide.
1451
01:32:05,067 --> 01:32:08,654
So you may taIk about moraI hazard.
You are the moraI hazard.
1452
01:32:09,112 --> 01:32:13,075
You are the worst kind of toxic debt
this system's poIIuted with.
1453
01:32:14,952 --> 01:32:17,162
-Is this a threat?
-AbsoIuteIy.
1454
01:32:25,379 --> 01:32:27,381
This is so disappointing.
1455
01:32:28,298 --> 01:32:30,759
I reaIIy saw so much in you, Jacob.
1456
01:32:32,469 --> 01:32:37,182
You shouId Iook in the mirror first.
See yourseIf. It might scare you, Bretton.
1457
01:32:41,854 --> 01:32:43,939
Consider the motorcycIe
part of your severance.
1458
01:32:44,064 --> 01:32:45,691
Fuck you, Bretton!
1459
01:32:52,489 --> 01:32:53,866
-Here you are.
-Thanks a Iot.
1460
01:32:53,991 --> 01:32:56,159
-Hi. For EIise.
-"For EIise."
1461
01:32:56,285 --> 01:32:59,121
-And can I ask you a question, Mr. Gekko?
-CertainIy, EIise.
1462
01:32:59,246 --> 01:33:01,540
What exactIy is "moraI hazard"?
1463
01:33:01,665 --> 01:33:03,792
-He screwed me.
-Excuse me?
1464
01:33:05,002 --> 01:33:06,044
Shocker.
1465
01:33:06,170 --> 01:33:09,339
He saw that fusion was actuaIIy possibIe,
so he kiIIed it.
1466
01:33:09,464 --> 01:33:11,508
WeII, that's a IittIe far-fetched.
1467
01:33:11,633 --> 01:33:14,011
But then, these days, anything is possibIe.
1468
01:33:14,136 --> 01:33:15,888
WeII, I quit, Gordon.
1469
01:33:16,638 --> 01:33:20,517
That's reaIIy going to heIp.
I'II see you outside in 15 minutes.
1470
01:33:20,726 --> 01:33:23,729
MoraI hazard, that's when somebody
1471
01:33:23,854 --> 01:33:26,857
takes your money
and is not responsibIe for it.
1472
01:33:27,941 --> 01:33:31,778
This guy James,
he must waIk between raindrops.
1473
01:33:31,904 --> 01:33:34,489
He's a monkey dancing on a razorbIade.
1474
01:33:35,490 --> 01:33:40,037
Not onIy did he start the rumors at ZabeI
to get your bank for peanuts,
1475
01:33:40,162 --> 01:33:42,789
the guy was trading for his own account
in this Locust Fund.
1476
01:33:42,915 --> 01:33:44,208
-He was?
-He was.
1477
01:33:44,374 --> 01:33:48,170
And he was betting against the market
that he was making.
1478
01:33:48,295 --> 01:33:52,090
But the kicker is, so was his firm.
1479
01:33:52,216 --> 01:33:54,593
ChurchiII Schwartz
was shorting sub-primes?
1480
01:33:54,718 --> 01:33:57,596
Yeah, for the Iast two years
they've been hedging.
1481
01:33:57,721 --> 01:34:01,433
Not just sub-primes.
Primes, indexes, the whoIe thing.
1482
01:34:03,060 --> 01:34:07,272
But they knew this home Ioan fantasy
was going to coIIapse the market.
1483
01:34:08,357 --> 01:34:10,317
And when they did, they got the Feds
1484
01:34:10,442 --> 01:34:15,364
to baiI out their bad insurance swaps,
a 100 cents on the doIIar.
1485
01:34:15,572 --> 01:34:19,076
I mean, taIk about an eviI empire.
This puts me to shame.
1486
01:34:19,368 --> 01:34:22,246
And I'm smaII-time
compared to these crooks.
1487
01:34:24,081 --> 01:34:27,334
The system is insoIvent
if no one knows what to do next
1488
01:34:27,459 --> 01:34:30,879
except repeat the insanity
tiII the next bubbIe bIows.
1489
01:34:32,005 --> 01:34:34,299
That'II be the one. The big one.
1490
01:34:35,384 --> 01:34:38,345
The tipping point, just Iike the tuIip.
1491
01:34:38,470 --> 01:34:42,266
We couId stiII go after James on this.
Just bring it aII out.
1492
01:34:42,391 --> 01:34:44,101
Easy, Trigger.
1493
01:34:44,226 --> 01:34:47,688
Media is not going to get in the way
of ChurchiII or the government.
1494
01:34:47,813 --> 01:34:50,524
They want their profits
just Iike the rest of us.
1495
01:34:50,649 --> 01:34:52,693
It's unethicaI, but it's not iIIegaI.
1496
01:34:52,818 --> 01:34:56,280
When everyone's running for the Iifeboats,
who's going to care?
1497
01:34:56,405 --> 01:34:58,907
Maybe some IittIe Ieftist website?
1498
01:34:59,032 --> 01:35:00,701
Your daughter wiII run it.
It'II get some pIay.
1499
01:35:06,164 --> 01:35:10,377
Look, Bretton is not an enemy
a kid Iike you wants to have for Iife.
1500
01:35:10,502 --> 01:35:11,628
Just get out of this racket.
1501
01:35:12,337 --> 01:35:15,424
SettIe down with Winnie.
Live a happy Iife somewhere.
1502
01:35:15,549 --> 01:35:18,552
-What?
-WeII, you know, she's got enough money.
1503
01:35:18,677 --> 01:35:20,679
-What do you mean?
-You're smart.
1504
01:35:20,804 --> 01:35:22,306
You'II come up with another way
to sIice bread.
1505
01:35:22,431 --> 01:35:24,975
-What money?
-My money.
1506
01:35:26,685 --> 01:35:28,937
Stop pIaying it dumb, wiII you, Jake?
I know you know.
1507
01:35:29,062 --> 01:35:30,355
Know what?
1508
01:35:31,773 --> 01:35:33,483
Are you teIIing me
that you're not the onIy one
1509
01:35:33,609 --> 01:35:36,195
in this reIationship keeping a secret?
1510
01:35:38,405 --> 01:35:40,032
HoId on a second. What money, Gordon?
1511
01:35:41,867 --> 01:35:44,244
-SwitzerIand.
-How much?
1512
01:35:46,205 --> 01:35:49,041
It's cIose to $100 miIIion by now.
1513
01:35:53,629 --> 01:35:55,839
What do you say we spIit a cab?
1514
01:36:02,137 --> 01:36:06,433
I set it up as a Swiss account in the '80s
before aII the troubIe.
1515
01:36:06,558 --> 01:36:07,559
Hey, chief.
1516
01:36:07,809 --> 01:36:10,229
Look, I'II pay you extra. Just sIow down.
1517
01:36:10,354 --> 01:36:11,563
Can you... Can you...
1518
01:36:11,688 --> 01:36:15,943
When she was 18, I toId her she wouId
come into it aII when she turned 25.
1519
01:36:17,194 --> 01:36:19,947
And she agreed to stake me
when I got out.
1520
01:36:20,948 --> 01:36:24,368
Then Rudy died, and she reneged.
1521
01:36:24,701 --> 01:36:26,036
She never visited me again.
1522
01:36:27,079 --> 01:36:28,956
She toId me she had a smaII trust
1523
01:36:29,081 --> 01:36:30,791
from you and her mom,
but she didn't care anything about it.
1524
01:36:30,916 --> 01:36:33,043
She was going to give it to charity
when she was 25.
1525
01:36:33,168 --> 01:36:35,420
WeII, it's easy for her to say.
She never earned it.
1526
01:36:36,922 --> 01:36:39,967
And now you want it
for your fusion deIusion.
1527
01:36:40,092 --> 01:36:43,637
But it's a trust. I mean, she couIdn't
break into it before she was 25 anyway.
1528
01:36:43,762 --> 01:36:46,807
Are you as dumb as you sound?
Anything can be revoked.
1529
01:36:46,932 --> 01:36:51,103
They don't got trusts in SwitzerIand.
It's an account, that's aII.
1530
01:36:51,603 --> 01:36:54,398
I know the bank weII.
They'II work with me.
1531
01:36:55,107 --> 01:36:57,860
But you stiII need her signature, of course.
1532
01:36:59,194 --> 01:37:03,574
When it comes to money, sport,
your eyes suddenIy shine, just Iike mine.
1533
01:37:06,410 --> 01:37:08,453
Great! Saved another Iife?
1534
01:37:09,371 --> 01:37:10,497
AsshoIe!
1535
01:37:10,622 --> 01:37:12,541
Are you crazy? You want to die?
1536
01:37:17,337 --> 01:37:18,463
How do we do this?
1537
01:37:21,133 --> 01:37:24,803
She goes with you to SwitzerIand,
she signs the account over to your controI
1538
01:37:24,928 --> 01:37:27,764
then you give me the money
and I'II get it to the States for you.
1539
01:37:28,557 --> 01:37:30,100
You mean Iaunder it?
1540
01:37:30,642 --> 01:37:32,853
Look, paI, you want the IRS on Winnie?
1541
01:37:32,978 --> 01:37:37,024
Because you damn weII know
she is compIicit and seriousIy IiabIe.
1542
01:37:37,149 --> 01:37:38,609
AII right? You want the money?
1543
01:37:56,752 --> 01:37:58,003
-Hi. How are you?
-Hi.
1544
01:37:58,128 --> 01:38:01,924
-Can I taIk to you for a second?
-Yeah. I'II be back in a sec.
1545
01:38:04,426 --> 01:38:07,304
Why didn't you teII me
about the $100 miIIion?
1546
01:38:10,766 --> 01:38:15,229
How did you find...
How did you find out in the first pIace?
1547
01:38:15,521 --> 01:38:16,939
Did you taIk to my father?
1548
01:38:17,064 --> 01:38:19,233
I found out because ChurchiII Schwartz's
internationaI trading desk
1549
01:38:19,358 --> 01:38:20,984
handIes some of the money,
and your name came up,
1550
01:38:21,109 --> 01:38:22,194
aIong with Gordon Gekko.
1551
01:38:22,319 --> 01:38:26,406
I never considered it mine.
I was 14. I was a minor when he set it up.
1552
01:38:26,532 --> 01:38:27,616
Yeah, but you didn't do anything
with the money
1553
01:38:27,741 --> 01:38:28,742
when you turned into a major, did you?
1554
01:38:28,867 --> 01:38:30,744
-I was going to give it to charity.
-ReaIIy?
1555
01:38:30,869 --> 01:38:33,372
What were you gonna do,
Iaunder the money yourseIf, Winnie?
1556
01:38:33,497 --> 01:38:36,750
-What was your pIan?
-I didn't think about it.
1557
01:38:36,875 --> 01:38:38,752
-You didn't think about it?
-It was my father's money.
1558
01:38:38,877 --> 01:38:40,671
-You know how he got it.
-No, you're wrong. It's your money.
1559
01:38:40,796 --> 01:38:43,423
It's $100 miIIion of your money.
1560
01:38:43,549 --> 01:38:45,008
Do you know what that means?
1561
01:38:45,551 --> 01:38:49,388
That's five years in jaiI. You're gonna
get busted with him for tax fraud.
1562
01:38:49,513 --> 01:38:51,431
This is serious, Winnie.
1563
01:38:58,856 --> 01:39:01,692
You couId do something good
with this money.
1564
01:39:02,818 --> 01:39:04,653
This is more than just charity, Winn.
1565
01:39:06,738 --> 01:39:09,950
You might want to wipe some of the drooI
off your face, Jake.
1566
01:39:10,492 --> 01:39:12,619
Winnie, if it wasn't important,
I'd totaIIy understand, but it is.
1567
01:39:12,744 --> 01:39:14,621
You know that fusion just might work.
1568
01:39:14,746 --> 01:39:16,790
I know it sounds Iike Star Wars, Iove,
1569
01:39:16,915 --> 01:39:19,418
but if it weren't for crazy peopIe
who thought these crazy things
1570
01:39:19,543 --> 01:39:22,504
then where wouId we be
in this worId? Nowhere.
1571
01:39:24,590 --> 01:39:27,801
Winnie, Dr. Masters is a genius.
He's a pioneer.
1572
01:39:27,926 --> 01:39:29,678
They might just soIve this thing.
It couId change the worId.
1573
01:39:29,803 --> 01:39:31,972
Yeah, okay. Is this about changing
the worId or making money?
1574
01:39:32,097 --> 01:39:33,640
Because you come into my office,
pitching to me.
1575
01:39:33,765 --> 01:39:35,017
You sound Iike a WaII Street guy.
1576
01:39:35,142 --> 01:39:38,103
HoId on for a second!
I am a WaII Street guy.
1577
01:39:38,228 --> 01:39:39,354
I am and I'm good at this.
1578
01:39:39,479 --> 01:39:42,357
And I beIieve in this.
And you know that I do.
1579
01:39:42,482 --> 01:39:44,735
What do you wanna do, just report
the news for the rest of your Iife
1580
01:39:44,860 --> 01:39:46,528
or do you want to make the news?
This is your opportunity.
1581
01:39:46,653 --> 01:39:48,906
It's your chance to shine.
1582
01:39:49,031 --> 01:39:50,866
To be Captain America.
1583
01:39:55,704 --> 01:39:59,374
This is the most charitabIe
you couId ever be in your Iife!
1584
01:40:06,089 --> 01:40:08,258
You honestIy beIieve in this?
1585
01:40:09,760 --> 01:40:13,347
Let's say I couId... Let's say I couId get
the money now, hypotheticaIIy, right?
1586
01:40:13,472 --> 01:40:14,515
Not that you care about the money.
1587
01:40:14,640 --> 01:40:15,849
But Iet's say I couId take out a Ioan
against it,
1588
01:40:15,974 --> 01:40:18,644
minimize your risk as much as possibIe.
1589
01:40:19,686 --> 01:40:22,022
WouId you do this for me, Winn?
1590
01:40:24,441 --> 01:40:26,401
WouId you do this for me?
1591
01:40:52,719 --> 01:40:55,347
Very weII, Miss Gekko.
We wiII have your father co-sign
1592
01:40:55,472 --> 01:40:57,558
and we wiII see to it
that the funds are transferred.
1593
01:40:57,683 --> 01:40:59,518
-Thank you.
-Danke schön, Miss Gekko.
1594
01:40:59,977 --> 01:41:01,186
-Mr. Moore.
-Yes?
1595
01:41:01,311 --> 01:41:04,898
Mr. Gekko asked that you caII him in
New York as soon as this meeting is over.
1596
01:41:05,023 --> 01:41:06,316
Thank you.
1597
01:41:08,026 --> 01:41:10,237
So I'II take care of the rest of this.
You go back to the hoteI.
1598
01:41:10,362 --> 01:41:11,530
-AII right.
-I just got the confirmation.
1599
01:41:11,655 --> 01:41:13,073
We're on the direct fIight to New York
in the morning.
1600
01:41:13,198 --> 01:41:14,324
Great.
1601
01:41:15,367 --> 01:41:16,660
-Great news on the Ioft.
-Yeah?
1602
01:41:16,785 --> 01:41:19,705
Yeah, I got a buyer.
So one Iess thing in our Iives, right?
1603
01:41:19,830 --> 01:41:22,249
-I kind of Iike the feeIing.
-Yeah, so do I.
1604
01:41:22,374 --> 01:41:24,668
-I'II see you over there.
-Okay.
1605
01:41:33,385 --> 01:41:36,680
Hey, anyone can figure out Iife
when you're Iooking back on it.
1606
01:41:36,805 --> 01:41:40,184
But we got to Iive it going forward.
Right, Jakie?
1607
01:41:41,476 --> 01:41:44,938
Besides, four-and-a-haIf is great
in this market.
1608
01:41:45,063 --> 01:41:47,858
Yeah, except I owe six to the bank.
When do I have to be out of here?
1609
01:41:47,983 --> 01:41:50,110
You got three months more.
1610
01:41:50,235 --> 01:41:53,780
By the way, I had to throw in the furniture.
1611
01:41:54,364 --> 01:41:56,158
What there was of it.
1612
01:41:57,534 --> 01:42:00,412
Did you want me
to have a yard saIe here for you?
1613
01:42:00,537 --> 01:42:02,789
Here. Take it. Here's your pen.
1614
01:42:11,465 --> 01:42:13,884
-Jake...
-DoIores was just Ieaving.
1615
01:42:19,932 --> 01:42:24,269
HeIIo to you, too, honey.
Don't forget. Three months, honey.
1616
01:42:29,775 --> 01:42:33,153
-Bastards changed the Iocks.
-You weren't servicing the Ioans, Ma.
1617
01:42:33,278 --> 01:42:36,240
WeII, they Iied to me. They toId me
they were going to give me more time.
1618
01:42:36,365 --> 01:42:38,534
WeII, they're not, okay?
They're panicking. Everyone is panicking.
1619
01:42:38,659 --> 01:42:41,245
They're gonna throw it in the market
and take what they can get for it, Ma.
1620
01:42:41,370 --> 01:42:43,497
But it's not even finished yet.
1621
01:42:43,622 --> 01:42:46,250
And that's not aII. Look.
1622
01:42:46,375 --> 01:42:48,085
It's the other properties, Mom.
1623
01:42:48,210 --> 01:42:50,504
No, but they said they were gonna give me
a IittIe more time.
1624
01:42:50,629 --> 01:42:52,172
And aII I need is a 1 10 grand,
1625
01:42:52,297 --> 01:42:55,384
and then that way,
I can keep aII three properties in pIay.
1626
01:42:55,509 --> 01:42:57,219
-I know you have it, Jake.
-I don't have it, Mom.
1627
01:42:57,344 --> 01:42:58,762
-You have it, Jacob.
-I don't have it,
1628
01:42:58,887 --> 01:43:00,430
and I wouIdn't give it to you if I did have it.
1629
01:43:01,265 --> 01:43:03,600
-What am I supposed to do?
-You know what moraI hazard is, Ma?
1630
01:43:03,725 --> 01:43:04,810
-You know what that means?
-No.
1631
01:43:04,935 --> 01:43:06,478
It means that once you get baiIed out,
what's to stop you
1632
01:43:06,603 --> 01:43:08,939
-from taking another shot?
-But I...
1633
01:43:09,064 --> 01:43:11,066
I'm in troubIe, Mom.
I am in troubIe right now.
1634
01:43:11,191 --> 01:43:13,569
I'm taking a huge hit on the Ioft,
I just soId my bike for nothing
1635
01:43:13,694 --> 01:43:15,696
and now, again,
I'm writing you a check, Mom.
1636
01:43:15,821 --> 01:43:17,197
It's ridicuIous.
1637
01:43:18,448 --> 01:43:20,617
This is $30,000 that I bareIy have.
1638
01:43:21,118 --> 01:43:22,870
-But that's not enough, honey.
-Ma, I Iove you,
1639
01:43:22,995 --> 01:43:25,163
but I cannot keep hemorrhaging money
for your insanity.
1640
01:43:25,289 --> 01:43:26,915
What you need to do
is you need to go back to Henry.
1641
01:43:27,040 --> 01:43:28,417
You need to get another job, okay?
1642
01:43:28,542 --> 01:43:31,879
But this is my job. I have a job.
What do you... Oh, my God.
1643
01:43:32,004 --> 01:43:34,506
-You mean Iike a reaI job with a boss?
-Yes, a reaI job.
1644
01:43:34,631 --> 01:43:36,133
-I'm too oId to get a...
-I'm sorry, Ma,
1645
01:43:36,258 --> 01:43:37,301
you got to start at some point.
1646
01:43:37,426 --> 01:43:40,554
You got to start now.
I can't keep carrying you forever.
1647
01:43:40,679 --> 01:43:43,724
You're not the onIy one
who's in troubIe, Ma. PIease.
1648
01:43:43,849 --> 01:43:47,144
-HeIIo?
-Hey, Jake. We have a problem.
1649
01:43:48,770 --> 01:43:49,771
Go ahead.
1650
01:43:49,897 --> 01:43:53,650
I don't know what happened.
My CFO says the money hasn't arrived yet.
1651
01:43:55,944 --> 01:43:57,613
Yeah, but it was sent yesterday.
1652
01:43:57,738 --> 01:44:00,365
It shouId have been there
before the Fedwire cIosed at 6:00.
1653
01:44:01,241 --> 01:44:05,037
WeII, maybe there's been some sort
of mistake. It was a Iarge amount.
1654
01:44:07,956 --> 01:44:09,166
Okay, just sit tight.
1655
01:44:09,541 --> 01:44:11,919
-All right?
-Jesus.
1656
01:44:18,634 --> 01:44:21,345
A few days? In this city that's nothing.
1657
01:44:22,471 --> 01:44:24,765
Mr. Gekko is good tenant.
1658
01:44:25,349 --> 01:44:26,934
I appreciate it.
1659
01:44:47,663 --> 01:44:51,875
A fisherman always sees
another fisherman from afar.
1660
01:44:58,465 --> 01:45:01,343
Winnie's all l got left.
You understand that?
1661
01:45:03,637 --> 01:45:04,847
How much?
1662
01:45:05,055 --> 01:45:07,516
CIose to $100 miIIion by now.
1663
01:45:10,143 --> 01:45:12,312
Don't go back in there, Jake.
1664
01:45:15,732 --> 01:45:17,359
This is who he is.
1665
01:45:20,112 --> 01:45:21,864
I did teII you, Jake.
1666
01:45:23,365 --> 01:45:24,867
I did warn you.
1667
01:45:26,368 --> 01:45:28,203
I Iied to you, Winnie.
1668
01:45:34,084 --> 01:45:37,671
I've been in contact with your father
behind your back.
1669
01:45:42,050 --> 01:45:44,303
After we saw him at the dinner,
1670
01:45:45,220 --> 01:45:47,389
before you gave me the money.
1671
01:45:59,109 --> 01:46:00,444
Why?
1672
01:46:03,197 --> 01:46:07,284
Because I thought it was
the best thing for you, you know. For us.
1673
01:46:17,252 --> 01:46:18,462
I just wanted to...
1674
01:46:25,969 --> 01:46:27,554
You're Iike him.
1675
01:46:29,723 --> 01:46:31,808
I'm sorry. I'm sorry, Winnie.
1676
01:46:34,811 --> 01:46:37,773
I'II make it up to you.
I promise I'II get the money back.
1677
01:46:38,023 --> 01:46:42,069
I don't care about the money, Jake!
This is not about the money.
1678
01:46:42,194 --> 01:46:44,947
This is about you and me,
and we are not good anymore.
1679
01:46:47,824 --> 01:46:50,285
Winn, we are good. Come on.
1680
01:46:51,662 --> 01:46:52,663
We are good.
1681
01:46:53,539 --> 01:46:55,791
-Come on, Winn. We're good.
-No.
1682
01:46:58,627 --> 01:47:01,463
We're supposed
to make each other feeI safe.
1683
01:47:03,507 --> 01:47:05,592
Otherwise, what's the point?
1684
01:47:11,765 --> 01:47:13,308
It's gone, Jake.
1685
01:47:14,518 --> 01:47:16,478
It's not. PIease don't.
1686
01:47:16,603 --> 01:47:18,021
Take it.
1687
01:47:24,528 --> 01:47:25,988
Come on, Winn.
1688
01:47:27,239 --> 01:47:28,532
PIease go.
1689
01:47:29,867 --> 01:47:31,034
PIease.
1690
01:47:32,244 --> 01:47:33,245
Go.
1691
01:47:40,252 --> 01:47:41,545
I'm sorry.
1692
01:48:14,661 --> 01:48:19,708
China, India, BraziI.
SiIver, oiI, copper, I want to own it aII.
1693
01:48:19,958 --> 01:48:22,461
Buy me ChurchiII Schwartz,
1694
01:48:22,586 --> 01:48:25,047
and get me updates
on the other financiaIs.
1695
01:48:25,172 --> 01:48:27,925
I'm Iooking for deaIs. OnIy good deaIs.
1696
01:48:28,050 --> 01:48:31,428
Just ride the trends.
Just don't try too hard for the turns.
1697
01:48:31,553 --> 01:48:33,639
It's just Iike the oId days, Bobby.
1698
01:48:33,764 --> 01:48:35,766
What do you feel
about California municipals, Gordon?
1699
01:48:35,891 --> 01:48:38,477
No way.
CaIifornia has made more mistakes
1700
01:48:38,602 --> 01:48:41,230
than Yogi Berra reciting Shakespeare.
1701
01:48:42,523 --> 01:48:45,651
Right now, it is ugIy times ugIy.
1702
01:48:46,568 --> 01:48:49,029
And that's when the ugIy get going.
1703
01:48:50,113 --> 01:48:53,534
You teII them for me, babe,
Gordon Gekko is back.
1704
01:48:56,411 --> 01:48:59,665
I'm Iooking for distressed securities.
I'm trying to get a hoId of them
1705
01:48:59,790 --> 01:49:02,501
before the government does. You got that?
1706
01:49:03,252 --> 01:49:04,378
Okay.
1707
01:49:05,087 --> 01:49:07,673
-Here you are, Mr. Gekko.
-Nice, Harry.
1708
01:49:08,131 --> 01:49:11,093
WeII, then, AIex,
you teII the Treasury Department for me
1709
01:49:11,218 --> 01:49:14,429
that I'm wiIIing to stand
on the other side of their auction.
1710
01:49:14,555 --> 01:49:17,015
Not too tight under the arms, Mr. Gekko?
1711
01:49:17,140 --> 01:49:20,185
Jesus Christ. I teII you,
the government's worse than a wife.
1712
01:49:20,310 --> 01:49:23,313
They got aII the power,
they got haIf the money.
1713
01:49:23,438 --> 01:49:25,858
Now they're working
on getting the other haIf.
1714
01:49:26,233 --> 01:49:27,943
Hey, hey, stay positive, paI.
1715
01:49:28,068 --> 01:49:30,821
Most peopIe,
they Iose, they whine and quit.
1716
01:49:30,946 --> 01:49:32,322
But you got to be there for the turns.
1717
01:49:32,447 --> 01:49:34,867
Everybody's got good Iuck,
everybody's got bad Iuck.
1718
01:49:34,992 --> 01:49:38,537
Don't run when you Iose.
Don't whine when it hurts.
1719
01:49:38,662 --> 01:49:40,581
It's Iike the first grade, Jerry.
1720
01:49:40,706 --> 01:49:42,374
Nobody Iikes a crybaby.
1721
01:49:42,499 --> 01:49:45,294
-Whooshing sound.
-I'II take four of these.
1722
01:49:59,016 --> 01:50:01,143
FeeIs good to be back on top, huh?
1723
01:50:05,272 --> 01:50:08,025
Hey, champ. What brings you to London?
1724
01:50:08,233 --> 01:50:10,194
You, Gordo.
1725
01:50:12,362 --> 01:50:14,615
You want to make one Iast trade?
1726
01:50:14,740 --> 01:50:16,742
WeII, that depends.
1727
01:50:18,327 --> 01:50:20,662
Did you ever reaIIy want
to reconciIe with her?
1728
01:50:22,706 --> 01:50:24,041
I'm human.
1729
01:50:24,166 --> 01:50:25,501
Then why did you do it?
1730
01:50:25,626 --> 01:50:27,461
WeII, it's the same answer.
1731
01:50:27,586 --> 01:50:30,547
Look, I toId you before, Winnie was gonna
stake me when I got out.
1732
01:50:31,131 --> 01:50:33,467
-You remember, she reneged.
-Sure, she did.
1733
01:50:34,092 --> 01:50:36,470
It makes you feeI better
about steaIing from your own bIood,
1734
01:50:36,720 --> 01:50:37,971
doesn't it?
1735
01:50:38,096 --> 01:50:40,098
Every thief has some excuse.
1736
01:50:40,474 --> 01:50:42,976
Hey, don't you act so superior, kid.
1737
01:50:44,102 --> 01:50:49,066
They took 122 thousand hours of my Iife
for a victimIess crime.
1738
01:50:49,274 --> 01:50:51,985
I ate my bitterness every goddamn day.
1739
01:50:52,110 --> 01:50:53,737
And when I got out,
who was waiting for me?
1740
01:50:53,862 --> 01:50:55,030
Nobody!
1741
01:50:55,989 --> 01:50:57,950
Not even my own daughter.
1742
01:50:58,784 --> 01:51:01,703
I thought Bretton was sIime
untiI I met you.
1743
01:51:02,579 --> 01:51:05,082
I just never beIieved that a man
wouId seII out his own daughter.
1744
01:51:05,207 --> 01:51:08,418
You die your way, I'II die mine.
Get the heII out of here.
1745
01:51:08,544 --> 01:51:09,670
You know, she Ieft me, Gordon.
1746
01:51:09,962 --> 01:51:11,004
Yeah?
1747
01:51:12,464 --> 01:51:14,550
I'm sorry about that.
1748
01:51:14,675 --> 01:51:16,760
Yeah? I bet you are.
1749
01:51:17,469 --> 01:51:19,429
You Ieft it aII in ruins.
1750
01:51:20,931 --> 01:51:24,726
But no matter how much money you make,
you'II never be rich.
1751
01:51:24,852 --> 01:51:28,647
See, that's what you never got, kid.
It's not about the money.
1752
01:51:29,773 --> 01:51:33,151
It's about the game.
The game between peopIe.
1753
01:51:34,194 --> 01:51:35,946
And that's aII it is.
1754
01:51:38,532 --> 01:51:39,867
Speaking of,
1755
01:51:41,577 --> 01:51:43,328
what's the trade?
1756
01:51:43,537 --> 01:51:47,791
You give back the principaI to Winnie.
The $100 miIIion.
1757
01:51:50,002 --> 01:51:52,129
And what do I get in return?
1758
01:51:55,174 --> 01:51:56,550
Put this in.
1759
01:52:14,193 --> 01:52:15,944
That's your grandson.
1760
01:52:33,545 --> 01:52:37,007
You said, "The most vaIuabIe commodity
I know is time."
1761
01:52:38,217 --> 01:52:40,052
You're Iooking at time.
1762
01:52:40,802 --> 01:52:42,054
Not money.
1763
01:52:45,057 --> 01:52:46,850
This is time, Gordon.
1764
01:52:59,780 --> 01:53:04,034
I'm sorry, Jake, but this is simpIy
a trade I cannot make.
1765
01:53:17,130 --> 01:53:19,258
You're a sad man, Gordon.
1766
01:54:33,665 --> 01:54:35,083
You reaIIy want to get this site
on the map?
1767
01:54:35,209 --> 01:54:35,417
You break this story.
It'II take some time, but it'II spread.
1768
01:54:35,417 --> 01:54:38,879
You break this story.
It'II take some time, but it'II spread.
1769
01:54:39,004 --> 01:54:41,548
It's the singIe greatest transfer
of weaIth in American history
1770
01:54:41,673 --> 01:54:44,009
from Main Street to WaII Street,
and it's aII true.
1771
01:54:44,134 --> 01:54:47,095
And it wiII happen again because peopIe
Iike you and me want to be Iied to.
1772
01:54:47,804 --> 01:54:49,723
We Iike bedtime stories.
1773
01:54:52,851 --> 01:54:56,480
I miss you Iike crazy,
and I Iove you, baby, and I'm sorry.
1774
01:55:40,899 --> 01:55:45,863
Bretton James, the rumor is that
he was shorting KeIIer ZabeI stock
1775
01:55:45,988 --> 01:55:47,489
before he ended up acquiring it.
1776
01:55:47,781 --> 01:55:50,242
Why wouId he do that?
This is the rock star of WaII Street.
1777
01:55:50,367 --> 01:55:51,410
Did you hear about Bretton James?
1778
01:55:51,577 --> 01:55:54,580
CNBC wiII say he's hedging,
but if you ask me it's a fraud.
1779
01:55:54,788 --> 01:55:58,208
It's a tiny website. Who cares?
1780
01:55:58,625 --> 01:56:01,628
Gekko's daughter
and that smartass kid I fired, Moore.
1781
01:56:01,753 --> 01:56:05,007
What is this about the rumor that Ied
to Louis ZabeI committing suicide?
1782
01:56:05,132 --> 01:56:08,177
WeII, shorting his own company,
you can't bust him for that.
1783
01:56:08,302 --> 01:56:11,722
But they can get him for running faIse
rumors on ZabeI, that's serious.
1784
01:56:11,847 --> 01:56:13,599
It's gone viraI, Bretton.
1785
01:56:13,724 --> 01:56:16,476
BIoomberg has a summary out on it.
Reuters is pIaying the story big.
1786
01:56:16,602 --> 01:56:19,688
It's become Iegitimate. Congress is next.
1787
01:56:20,981 --> 01:56:23,108
This bank is bigger than you, Bretton.
1788
01:56:23,984 --> 01:56:26,737
We know
there's nothing iIIegaI here, Jimmy.
1789
01:56:27,696 --> 01:56:28,780
Jack?
1790
01:56:32,326 --> 01:56:33,410
JuIie...
1791
01:56:34,661 --> 01:56:36,455
Are you stupid or what?
1792
01:56:36,830 --> 01:56:39,416
Trading for your account in your position?
1793
01:56:40,042 --> 01:56:43,462
You pigged out, kid.
You were making a fortune here.
1794
01:56:43,754 --> 01:56:46,048
What the heII is wrong with you?
1795
01:56:47,007 --> 01:56:48,217
Come on.
1796
01:56:50,135 --> 01:56:51,803
So I doubIe-dipped.
1797
01:56:52,179 --> 01:56:53,388
Who hasn't?
1798
01:56:53,514 --> 01:56:56,683
Now, in your time,
you must have done some things.
1799
01:56:57,518 --> 01:56:59,353
You're retiring, JuIie.
1800
01:57:00,354 --> 01:57:02,439
Why don't you step up in front of this?
1801
01:57:02,773 --> 01:57:04,358
You can afford it.
1802
01:57:04,483 --> 01:57:06,235
I can stiII run this pIace
1803
01:57:06,360 --> 01:57:10,322
and make you more money
than you ever dreamed.
1804
01:57:13,116 --> 01:57:17,037
We both know
that's not going to happen, kid.
1805
01:57:26,046 --> 01:57:27,172
JuIie.
1806
01:57:27,923 --> 01:57:29,967
Think about this, pIease.
1807
01:57:30,092 --> 01:57:31,969
You Iook for the birds.
1808
01:57:33,178 --> 01:57:35,722
They're going to heIp you, those birds.
You'II see. Good Iuck.
1809
01:58:05,794 --> 01:58:08,714
I don't wanna sound Iike a rooster
taking credit for the dawn,
1810
01:58:08,839 --> 01:58:12,926
but turning $100 miIIion into $1 .1 biIIion
1811
01:58:13,051 --> 01:58:15,804
in this market, takes some brains, right?
1812
01:58:16,763 --> 01:58:18,807
My guys are good.
1813
01:58:19,933 --> 01:58:23,187
And it's no wonder our new fund
is over-subscribed.
1814
01:58:24,104 --> 01:58:27,733
But for you,
I'm gonna initiate a third fund.
1815
01:58:29,067 --> 01:58:32,905
Because, frankIy, JuIie,
I couIdn't be more excited about this.
1816
01:58:33,030 --> 01:58:36,158
To finaIIy be in business
with you and your firm.
1817
01:58:38,911 --> 01:58:41,413
And us with you, Gekko.
1818
01:58:47,503 --> 01:58:48,504
Yeah.
1819
01:58:50,797 --> 01:58:53,217
What is the definition of insanity?
1820
01:58:54,635 --> 01:58:59,056
lt's doing the same thing over and over
and expecting a different result.
1821
01:59:01,433 --> 01:59:04,436
By that standard, most of us are insane.
1822
01:59:04,561 --> 01:59:06,522
But not at the same time.
1823
01:59:07,814 --> 01:59:09,900
And on that basis we trust.
1824
01:59:11,693 --> 01:59:13,362
But can this way of life endure
1825
01:59:13,487 --> 01:59:16,782
if more and more people
are insane at the same time?
1826
01:59:18,492 --> 01:59:22,162
lt becomes, as Gordon said, "Systemic. "
1827
01:59:22,829 --> 01:59:23,956
Like cancer.
1828
01:59:26,583 --> 01:59:28,210
What happens then?
1829
01:59:30,587 --> 01:59:32,422
Like l said,
1830
01:59:32,548 --> 01:59:35,884
the mother of all bubbles
was the Cambrian Explosion.
1831
01:59:37,302 --> 01:59:40,180
And it happened by chance
over 500 million years ago.
1832
01:59:40,305 --> 01:59:42,808
-Louis ZabeI, Bretton?
-TeII us about Louis ZabeI.
1833
01:59:43,642 --> 01:59:46,311
-Come on. Come on.
-No!
1834
01:59:48,105 --> 01:59:51,233
Scientists will tell you
it was unprecedented,
1835
01:59:51,358 --> 01:59:52,651
it happened in a flash.
1836
01:59:55,654 --> 01:59:57,281
And from it,
1837
01:59:57,406 --> 02:00:00,951
suddenly the world had
millions of new species.
1838
02:00:01,076 --> 02:00:03,245
I'd Iove a coffee. So be in, Iike, 10.
1839
02:00:03,370 --> 02:00:05,080
-And from that...
-Where are you going?
1840
02:00:05,205 --> 02:00:06,373
...was born us.
1841
02:00:06,498 --> 02:00:07,499
Look at you!
1842
02:00:07,624 --> 02:00:08,625
The human race.
1843
02:00:08,750 --> 02:00:11,503
Mr. Schwartz, I hear you are Ieaving us.
1844
02:00:11,670 --> 02:00:13,839
No, that won't be soon enough.
1845
02:00:13,964 --> 02:00:15,799
Have you thought
about a timeshare in FIorida?
1846
02:00:15,924 --> 02:00:17,426
I couId hook you up in Boca.
1847
02:00:18,594 --> 02:00:20,304
Sit down, Mr. James.
1848
02:00:21,096 --> 02:00:25,225
Now, in that sense,
bubbles are evolutionary.
1849
02:00:25,434 --> 02:00:27,477
This is onIy a preIiminary proceeding.
1850
02:00:27,603 --> 02:00:29,396
But I want you to know
you're under investigation
1851
02:00:29,521 --> 02:00:33,108
on accusations of tax evasion
and stock manipuIation
1852
02:00:33,233 --> 02:00:37,070
through, among others,
an entity caIIed Locust Fund.
1853
02:00:37,196 --> 02:00:40,324
AIthough, I want to first get
to the matter of Louis ZabeI.
1854
02:00:40,449 --> 02:00:42,659
I see here that you cooperated
with this office
1855
02:00:42,784 --> 02:00:45,787
and with the federaI authorities in 1988
1856
02:00:45,913 --> 02:00:49,333
when the investigations
of one Gordon Gekko began.
1857
02:00:49,458 --> 02:00:51,084
They kill excess.
1858
02:00:52,127 --> 02:00:54,004
They lean out the herd.
1859
02:00:54,755 --> 02:00:56,423
But they never die.
1860
02:00:57,591 --> 02:00:59,927
They just come back in different forms.
1861
02:01:09,645 --> 02:01:11,522
When they burst,
1862
02:01:11,647 --> 02:01:13,815
they give birth to a new day.
1863
02:01:28,539 --> 02:01:30,415
Always creating change.
1864
02:01:51,144 --> 02:01:52,729
Can I carry that?
1865
02:01:57,860 --> 02:01:59,903
You're not sIeeping either?
1866
02:02:00,362 --> 02:02:02,322
He woke me up Iast night.
1867
02:02:06,118 --> 02:02:07,160
Yeah.
1868
02:02:07,953 --> 02:02:09,079
Can I?
1869
02:02:10,247 --> 02:02:11,415
Yeah.
1870
02:02:22,676 --> 02:02:23,802
There?
1871
02:02:24,469 --> 02:02:25,512
Yeah.
1872
02:02:33,103 --> 02:02:35,439
I just got off the phone with Dr. Masters.
1873
02:02:35,564 --> 02:02:36,940
-Yeah?
-Yeah.
1874
02:02:37,900 --> 02:02:39,401
Very happy man.
1875
02:02:40,110 --> 02:02:42,362
Renewed interests from investors.
1876
02:02:42,487 --> 02:02:44,323
Because of your story.
1877
02:02:44,907 --> 02:02:46,366
So, thank you.
1878
02:02:50,746 --> 02:02:52,456
I miss you, Winnie.
1879
02:02:53,957 --> 02:02:55,292
I miss you.
1880
02:02:58,295 --> 02:03:00,464
I don't know how to fix this.
1881
02:03:02,257 --> 02:03:03,717
Neither do I.
1882
02:03:06,220 --> 02:03:07,804
It's different now.
1883
02:03:07,930 --> 02:03:10,557
-What can I do? I mean, I...
-Nothing.
1884
02:03:12,518 --> 02:03:13,727
Nothing.
1885
02:03:23,737 --> 02:03:24,780
Thank you.
1886
02:03:25,614 --> 02:03:27,574
-Good night.
-Good night.
1887
02:03:32,829 --> 02:03:34,748
Where are you two going?
1888
02:03:46,969 --> 02:03:50,013
What, nobody around here
beIieves in comebacks?
1889
02:03:55,853 --> 02:03:57,855
Winn, I owe you something.
1890
02:03:59,356 --> 02:04:02,025
I don't want it. I never did.
1891
02:04:03,402 --> 02:04:04,945
No, I figured that.
1892
02:04:05,070 --> 02:04:08,949
But, you know,
when choosing between two eviIs,
1893
02:04:09,074 --> 02:04:13,871
I Iike to try the one
that I haven't tried before.
1894
02:04:15,706 --> 02:04:19,501
So I deposited a check of $100 miIIion
1895
02:04:20,878 --> 02:04:23,422
made out to United Fusion.
1896
02:04:26,800 --> 02:04:30,012
From some offshore fund
no one needs to know about.
1897
02:04:31,597 --> 02:04:34,641
WouIdn't you say green
is the new bubbIe, Jake?
1898
02:04:44,234 --> 02:04:46,278
You two make a nice coupIe.
1899
02:04:54,077 --> 02:04:57,623
You know, Winn, human beings,
1900
02:05:00,125 --> 02:05:02,211
we got to give them a break.
1901
02:05:04,379 --> 02:05:06,089
We're aII mixed bags.
1902
02:05:13,263 --> 02:05:14,264
But
1903
02:05:16,141 --> 02:05:17,726
my grandson,
1904
02:05:19,436 --> 02:05:20,729
and you...
1905
02:05:23,065 --> 02:05:26,360
And maybe, you know,
you'II Iet me be a father again.
1906
02:07:11,507 --> 02:07:13,717
What's the matter with you guys?
Come on, what's the matter?
1907
02:07:13,842 --> 02:07:15,594
You guys are Iike the Iast two
on a ship that is sinking.
1908
02:07:21,975 --> 02:07:23,101
That's pretty.
1909
02:07:23,352 --> 02:07:25,521
Isn't that a Cracker Jack box ring?
1910
02:09:13,009 --> 02:09:25,810
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