[Massimo] They say that Lucifer,
the most shining of all the angels...
was God's favorite.
That God loved him more than all the other angels.
Yet, when he found out that Lucifer had broken his rules...
-I work on my own. -No, no, no.
Fuck you!
[panting]
...he was pitiless.
[typing]
[screaming]
[George W. Bush] The United States military has begun strikes
against Al Qaeda terrorist training camps...
and military installations
of the Taliban regime in Afghanistan.
[children] ♪ Daddy finger Where are you? ♪
♪ Here I am, here I am
♪ How do you do?
♪ Daddy finger, daddy finger Where are you? ♪
♪ Here I am, here I am
♪ How do you do?
♪ Daddy finger, daddy finger Where are you? ♪
♪ Here I am, here I am
♪ How do you do?
Mummy, why isn't Daddy coming?
John, you know that Daddy has to work.
But we'll have fun all the same.
-But are you sure there'll be some? -Of course.
Because it's your birthday. That's a very special day.
[laughs softly]
[birds tweeting]
[children] ♪ Daddy finger Daddy finger... ♪
-[truck horn blares] -[gasps]
[tires squeal]
[Juliette] Are you okay, Aunt Nina?
Yes. And you?
That was the way to the pool. We passed it.
Today no pool.
It's a special day,
and I'm taking you to a special place.
[laughter]
[man speaking indistinctly on TV]
Sir?
What is so urgent that brings you here on a Sunday?
[Chris] I need you to see something.
-Mm-hmm. -About Massimo and his team.
He managed to hack the system to alter the VaR.
Are you sure Massimoknew about this?
No, but if his team did it on their own,
then that just means he can no longer control them.
[sighs]
Look, in either case,
I don't think you can trust him anymore.
Now if you like, I can run it by Legal about sacking him.
[Alex clears throat]
Mrs. Stuart called.
Her children were supposed to beat the pool this morningwith your wife,
but they never showed.
Mrs. Morgan isn't picking up her phone.
[indistinct chatter on TV]
[doorbell chimes]
Will you make coffee?
Come in.
So, why did you come?
I was worried that they had arrested you.
Why?
I heard the investigation is about to be closed.
What happened?
Dominic pull some strings?
Or is it a rule that you...
high-finance types are untouchable?
-Huh? -[cell phone rings]
Yes?
I need to time to take a showerand I'm there.
I have to go, sorry.
Yeah, Big Daddy calls, you run.
This is somethingpersonal.
How can you answerto a man
who's done thisto your wife?
You loved Carrie,didn't you?
[shower running]
[doorbell buzzes]
[hip-hop music blaring]
[Massimo] Nice to meet you.
[hip-hop music playing]
[gasps]
-Hey! -[moans]
-Hello. -Hello.
I thought it was a dinnerwith a few friends.
Don't get cross. We're celebrating.
My new exhibition.
They called me today from the Kensington Gallery.
They want to do a one-woman show.
All right. Didn't you tell methey were snobby toffs?
Yes, they are snobby toffs.
They love my art, so I love them.
-And I love you. -Mm.
Hey!
What about the new one?
-The German girl? -Eleanor?
Yeah, didn't you tell her to come?
No.
Fucking phallocrats.
Hey, what's her name?
If I were you, I'd forget about it.
[Paul]Why, because I just got married?
Because she's a man, Paul.
Yeah, I'll forget about it. I will forget about it.
-Maybe you'd like it. -No.
You have to get a tattoo like mine!
[Massimo] Yeah, no, it's so cute.
You have to get a tattoo like mine!
I think it's a good idea.
-No. No way. -[all] Tattoo! Tattoo!
-Absolutely not! -Tattoo! Tattoo!
-Come on! Come on! -No, no. I said no!
[needle buzzing]
[music throbbing]
Oh, God.
You know, I've got one like you,too. What do you call it?
What, a husband?
No, dear, that's the lastthing I need.
-[laughs] -I'm talking about a guy who invests my money.
Hmm.
-Only mine sucks big-time. -Why?
He said: "Buy a house somewhere.Property's a solid investment."
-Mm-hm. -Gays never go bankrupt.
-And now they've repossessed it.-[Carrie] No.
That mortgage, what was your guarantee to get it?
A salary?
Some other property?
Only my work.
I'm a freelance, darling.
I went to the bank
and I signed a shitload of papers.
Hell of a lot easierthan giving a blowjob.
[laughs]
-Okay, you're all done. -Thanks.
-What do you think? -It's okay.
Yes. Yes.
[hip hop music plays]
♪ ID, rollin'
♪ Get the roll
♪ Cash, cash
♪ Cash, let's go
[Carrie] Hey, baby.
[Massimo] Hey.
Are you coming? What is it?
I'm looking at how many MBS my bank is carrying.
That's very interesting.
Yes, MBS stands for "mortgage backed securities."
They are bonds guaranteed by mortgages on properties.
They package them togetherand resell them to other banksas investments.
Yes. Like when you sign a checkover to somebody else.
-Exactly. -What's the problem?
The problem is knowing
if the mortgages forming the MBSare good or bad.
Like the oneyour friend took out,
that he can't makethe payments on.
I've been watching this shit for a while.
I'm going to have another dance.
Sorry.
♪ Get in, get in
♪ We celebrating all night
♪ Get in, get in
♪ Get in
♪ Say I been fooled enough Get in ♪
Hey.
Good morning, sweetheart.
We have a problem.
Got to go. Come on.
[Kalim] You were right.
The subprimeshaven't been covered since 2005.
The American banks have beenhanding out mortgages
to anybody and everybodywith no collateral at all.
The foreclosure index is shooting for the stars.
It's a fucking property bubble.
[Massimo]All of which risk turning toxic.
Unless...
-No.-[Edward] You've lost your mind.
The property mortgage sector is the most solid there is.
Low interest, low risk.
It's the first thing they teach at university.
You stick to the trading. Let me do the banking.
-The boring stuff. -I'm the one that takes care
of guaranteed income for this bank.
Mortgages, to be precise.
They were guaranteed.Now they're turning into junk.
We need to sellall the MBS we are carrying,
I mean now,before it all blows to hell.
If we sell now, we lose a billion pounds.
And if we wait,we lose ten.
Dominic, this is madness.
The board is about to name the new CEO,
and you seriously want to risk everything
on the intuition of someone
who's only worked here a few years?
We sell.
Good.
[door opens]
[door closes]
The subprime mortgage mess
has left millions of Americans struggling.
Worst one-day point drop since 9/11.
[cheers and applause]
[laughing]
[inaudible]
[cell phone vibrates]
If it weren't for you,we'd have gone downwith the subprimes
and Dominicwouldn't have been named CEO.
You did well.
Or perhaps you just got lucky.
Would you excuse me?
Don't let him get to you. He's just being Brit.
He still thinks he's partof the colonial empire.
The American Home MortgageInvestment Corporation
filed for bankruptcy yesterday.
BNP Paribas froze three funds,and Northern Rock is requesting
the special financing from the Bank of England.
-I know. -A tsunami's coming,
and we need to be ready.
What would you like me to do?
Come to my homethis evening.
I want to introduce you to my wife.
I think you two will get along.
[phone line ringing]
[Carrie on answering machine] Hey, this is Carrie.
I'm out having fun, so you talk.
Guys.
Dominic invited meto his house.
Fuck off! Fuck off! No way!
-Come on! Come on! -[laughs]
-To the house? -Yes.
He's never invited any-- Well, none of us, anyway.
-[phone rings]-[Massimo] I think it's for you.
Hello?
No, I'm afraid he's just stepped away from his desk.
Greg? Hey.
Come here.
What is it?
It's Carrie.
She's in hospital. An overdose.
[inaudible]
[monitors beeping]
-Hey. -Hey.
How do you feel?
They've pumped my stomach.
I tried calling you a million times.
I know, I'm sorry.
I'm so sorry.
What happened?
I'm just a loser.
They've closed my show.
-I just can't-- -Hey, hey, listen to me.
We don't care about them.
You're really talented.
You're the talented one.
You and I, we love each otherlike communicating vessels.
When you get full...
I empty out.
[Massimo sighs]
[police siren blares distantly]
-[indistinct chatter on TV] -[phones ringing]
Shouldn't you be at the hospitalwith your wife?
Who...?
I check up on people I like.
When you're head of trading, you'll learn to do that, too.
The position's available.
I'm going to recommend your nameto the board.
Do you fully understand, Massimo,
what it is we sell here at the bank?
Stocks, bonds, financial services, uh...
It's our reputation.
People give us money because they can trust us.
Are you referring to Carrie?
Just consider what's right for her.
[Alex] Mr. Morgan's busy.
Listen, it's Sunday morning.
And he's the one who told me to come here.
Well, you'll have to wait.
[phone line ringing]
[three-tone chime over phone]
[Chris] Ah.
Legal confirms there won't be a problem.
The bank can sack him without fear of reprisal.
Yeah, now I get it.How someone like Massimo Ruggero
got to be the bank's youngest head of trading.
[phone line ringing]
By cheating.
[three-tone chime over phone]
Ah.
Italians have it in their blood,don't they?
You know nothing about Massimo.
Get out.
-But we can't-- -I said, get out.
[phone line ringing]
-[three-tone chime over phone] -Chris came for Nina, too?
Bank business.
On a Sunday?
Nina is nowhere to be found.
She was supposed to takeEd's kids to the pool,
but she's vanished.
She's not answering her phone.
Hm.
Do you know what today is?
-It's John's birthday. -Yes.
Please, help me find her.
Oh! Oh, thank you.
That's so friendly.
Hi.
Fuck!
Some house your boss has!
Fudge.
I meant "fudge."
I know this crowd doesn't approve of me.
What counts is that they like you.
[inaudible]
I like when... when you're happy.
Baby.
I wanted to surprise you, but...
I stopped taking the pill.
How about we make a baby?
[Nina] Massimo.
[Massimo]Oh.
At last.
Happy to see you.
And you must be Carrie.
Nice to meet you.
Delighted to meet you, dear. Please.
Why, even when I wearsomething serious,
are they still more seriousthan me?
[Dominic] There we go.
-[Nina] My husband, Dominic. -Dominic.
-Hi, John. How are you? -[John] Good.
You've bounced back just fine.
Massimo told me about your terrible appendicitis.
[Nina] And our son, John.
-Hi, nice to meet you. -Hi.
Nice to meet you.
-Oh, no, thank you. -No, thanks.
-Would you like one? -Yes.
Have you got something non-alcoholic?
[waiter] Yes, of course.
So, when do you leave for Bagram?
In a few days.
[Massimo] John enlisted in the Marines.
-He's going to Afghanistan. -Really?
Operation Enduring Freedom.
It's kind of a rhetorical name,isn't it?
Despite the name, I'm sure it won't take long.
We'll deal with it fast.
They'll go in, they get Bin Laden and come back.
For me it's enough for himto come back.
Come, let's get you a non-alcoholic drink.
[laughter]
Wow, you have sucha beautiful home.
Thank you.
When I married Massimo,we went to live in a studio.
You were lucky.
[Nina] This house was my family's.
They bought it after they fled the Stalinist regime in Poland.
-Oh, really? -But, you know,
my father was an aristocrat, but just terrible with money.
Dominic bought it back for me as a wedding gift.
Wow.
Marriages are like cocktails.
Select the right ingredients, and you get a masterpiece.
But choose the wrong ones, and you'll just get drunk.
Here are the girls. Let me introduce you.
[indistinct chattering]
-This is Claire Stuart.-[Claire] Hi. Nice to meet you.
Nice to meet you.
I'm pleased to see
your wife is better.
Yes.
[woman] When is the baby due?
She has been cleanfor months.
I want you to meet some special friends.
I've spoken to the board.
The head of trading position is yours.
[soft chuckle]
Thank you.
I can't tell youhow grateful I am.
I'll give it my all.
What about Carrie?
Will she help you give it your all?
This Massimo, I heard he's Dominic's new protégé.
What does Edward say?
[Claire] Who? Trading?
Edward doesn't talk about work at home.
[woman] Have you seen the wife?
[Claire] Come on, now, don't be mean.
She's an artist.
A failed one.
I saw her exhibition in Kensington.
You know they closed it for lack of a buyer.
The person that owns the galleryis a friend of mine.
She told me that the only reasonwhy they accepted her
was because they thought that Massimo's friends
would actually buy something.
[Claire]Massimo must only stay with her
because she looks good on his arm.
Actually...
he stays with me becauseI give him first-class blowjobs.
Would you ladies like a lesson?
[door opens]
Stupid bitches.
[glasses clink]
Carrie.
Please excuse Claire.It's a special situation.
It can't be just the pregnancy that's made her such a bitch.
I don't mean her pregnancy.It's her husband.
He's such a deadly bore.
Don't worry.It'll be our little secret.
[woman] A failed one. I saw her exhibition in Kensington.
You know they closed it.
That's James Sherman of the Treasury Department.
The woman, Margaret Cunningham,a lobbyist.
She and the Fed chairmanmix it up at least once a month.
-And then the other two are-- -They're our competition.
Fitzsimmons is CEOof RJ Investment Bank.
But the other oneis Jean Duplessis,
who runs a $10 billion hedge fund.
Yeah, Jean was CIA,
but wanted to make a bit more money in finance.
Would you carefor a drink?
-No, thank you. -Please, thank you.
Now, come on, let me introduce you.
The British government has saidthat it will guarantee
all Northern Rock deposits.
[Sherman] But here in England we have nothing to be concerned about.
For now.
Good to see you.
Massimo Ruggero, our new head of trading.
Dominic has talked a great deal about you.
He trusts your talents considerably.
-Thank you so much. -[Jean] And you, John,
what are your plans after Afghanistan?
After your studies, come work for me.
The adrenaline rush of the floorwon't be the same as a war.
No. Finance isn't for me.I'd rather stay in the military.
There are many ways to defend one's country.
John has made a decision to do it in person,
and I'm extremely proud of him.
-To John. -[all] To John.
Courageous young man, like his father, a true--
[Carrie] Killer.
"Enduring freedom."
[snorts]
None of you gives a shit about freedom or democracy.
-Okay, Carrie-- -[Carrie] With you,
it's oil and money, anything but democracy.
You all fucking imperialists.
-Let go of me! -You are drunk.
Please.
You think you can rule the world?
Well, the thing is, you are all fucked up.
So the world will be fucked up, too.
Okay, let's go, huh?
Come on, I'll make youa nice cup of coffee.
I don't feel well.
Forgive me. I'm so sorry.
[coughs]
Your lady friends got straight up my nose.
From the moment I got here,
they were all giving me dirty looks.
Not you.
You're nice.
I fucked up, didn't I?
Do you love Massimo?
And you want him to be happy?
Yes.
But I just doeverything wrong.
Then maybe the time has come
to do the only right thing.
[car door opens]
First, you want us to have a baby.
And then you make a scene in front of
some of the most important people in my career.
What the fuck is wrong with you?
Oh, did I make you look bad
in front of your little friends?
You afraid you won'tget any more promotions?
-You're such an asshole. -No, you're the asshole!
You and your friends.
I don't like the way they think.
The way they talk, the way they dress,
the way they live.
You know, I always believedthat you weren't like them.
That you were better.
But today I finally got it.
Their world is your world.
And you're happy in it.
I'm not.
So?
Hey, look at me.
So, I'm leaving you.
You're totally toxic and off your head.
-No. -I don't want--
No!
I am leaving you.
You can keepyour shitty world.
Okay, you're right. Fuck you.
-Fuck you.-I'm-I'm better off without you.
Let's talk about the speed at which
markets are deteriorating.
Bear Stearns has been forced
to seek the help of JP Morgan and the Fed
with a 28-day loan.
[male reporter] Seven minutes of trading this morning.
It was down more than 683 points.
Now the Dow Jones index has just lost 40%.
-[Kalim] Stop. -[female news reporter] We're red everywhere.
Stop fucking trading.
Listen to me, you goddamn algorithm.
Fuck it.
[female news reporter] The stock market
is now down 21%.
[male news reporter] So we're now down 43%.
[female news reporter] What in the world is happening on Wall Street?
[male news reporter] Bear Stearns has existed for nearly a century.
Up until a few months ago,
it was worth well over $350 billion.
[male announcer] Can't look at it after you buy it, this is horrible.
Oh, nope, honey,it's just starting.
Hey, you're the new guy. Good luck.
The crisis will expand.
Fortunately, we've dumped our toxic paper,
so we are relatively in the clear.
What about lines of creditwith other banks?
If those banks fail,they'll drag us down with them.
We'll get out of them.
Cut every line of creditwith any other institution,
even if it meanssinking them.
Without mercy.
A crisis can be a fantastic opportunity to make money.
Meaning?
We attack the weakest of the lot.
America.
[male announcer] We're in the last days
of this country surviving.
[airplane flying overhead]
[male newscaster] From the financial capital of the world,
the opening bell is gonna ring in five seconds.
And to be honest with you, we wish it wouldn't.
At the present time, the U.S. is as secure as...
Pearl Harbor was the morning of December 7th, 1941.
[Jean] I have no doubt that Uncle Sam
will come along and nationalize it all.
[Sherman] You've all just been greedy.
You've been inflatingthe bubble for years
in full view of the Fed, who just sat on their hands.
And now you go whining tothe government to bail you out?
Pathetic.
[Jean] If the scope of the disaster
is what we seem to be seeing,
we would have to nationalize so many banks
that our national debt would reach the stratosphere.
There are fewer and fewer buyers,
and we are printing dollars at a feverish pace.
If the market calls our bluff,
they'll switch to other safe havens:
raw materials, gold, even the euro.
If the Chinese start investing in the euro
and the rating agencies downgrade us,
then we are done for.
I appreciate the heads up.
[phone beeps off]
How do you remain so calm?
I'm not calm.I'm looking for a solution.
What are you thinking?
We must divert the attention away from the problem.
To do that, we should feedsomething to the markets.
Who do you intendto sacrifice?
Europe.
The president and my bosswon't buy it.
They intend to help Europe.
The president should make America his first priority.
If you want to distractthe markets,
you start bydistracting your own people,don't you think?
They were warning me.
From your owntrading sector,
someone is shortingthe U.S. Treasury.
One of your own peoplehas already smelled blood.
[Massimo] Okay, this is for you.
When Tokyo opens, more shorts against the Treasury.
-[Paul] Yeah. -The final push.
-[Paul] Beautiful. -Oh, yeah. Okay.
Very good. Very, very good.
[Kalim] All right.
I sometimes forget you're Italian.
-Do you mind? -Of course not.
Your father must be proud of you, all your achievements.
We haven't spoken in ten years,so I don't know.
I've been told you've been shorting the U.S. debt.
I didn't know youwere checking on me.
That's not what I told you to do.
I merely did what you taught me to do.
Follow the smell of blood,attack the weakestto make money.
And at the moment,the weakest beast of allis the U.S.
Just go back...
and block the shorts.
What-what's this?
Keeping U.S. debt on our books
is some kindof patriotism or...?
The Federal Reserve will start printing.
The U.S. debt will be financed. End of story.
[sighs]
It's precisely because theyare going to start printing.
The dollar won't hold,and not only that,
U.S. national debtcould be downgraded.
We're not talking about just any currency.
The U.S. dollar will go back to being a safe haven.
-It's untouchable. -I don't buy dogma.
And I don't buy that you don't know your place.
[cell phone rings]
Yes?
Yes, it is.
Yes.
Hm.
Thank you for calling me personally.
Are you okay?
Afghanistan.
John's platoon has been ambushed.
He's dead.
Alex checked. Nina didn't come here.
Oh, yes, she did.
[Dominic] Forget-me-nots.
Nina's favorite.
She brings them every year.
-I have another idea. -[Dominic] What is it?
Your cottage.
Yeah.
We haven't been there in years.
I took Nina there once.Let's try.
Auntie Nina, why are we here?
[children's voices chanting distantly
[children laughing]
[laughter]
[Dominic]Nina?
Come downstairs.
We can have breakfast, go for a walk.
-John wouldn't want you-- -[Nina] Don't even try it.
You never cared what John wanted.
[sniffles]
Do you know why he enlisted?
Because of September 11th?
Because he wanted to do something for his country,
just like every other kid his age?
Have you ever heardof any sons of people like us
killed in an ambush?
Have you?
That only makes me prouder of John's decision.
He went therebecause he felt
you didn't thinkhe was good enough.
John saw how you were
with people youreally admire and love.
The way you are with Massimo.
I'm going to work.
[door closes]
[sighs]
Massimo?
It's Nina.
Could you comeand get me, please?
I need to go somewhere.I can't face it alone.
[Nina] You can't see anything from here.
We have to go further out, up there, to see the pups.
Come on.
There. See them?
[seals barking]
[Nina] The mothers come to give birth here,
to keep the pups safe.
They travel very far,
risking their lives.
Because that's what mothers do.
I always brought John here.
On his birthday.
Each time, he was afraid
that the pups wouldn't be here anymore.
But then a little headwould pop up, and...
he would be so happy.
If I close my eyes, I can still hear him laughing.
[barking]
Okay, let's go, huh?
[car doors close]
Welcome back.
You look better.
You were right, as always.
I think I just needed to go out.I ran into Massimo in town.
Oh, where'd you go?
Chelsea, to that restaurant I love,
and then we wentfor a stroll.
Such a terrible time for us.
Thank you.
[Massimo] Don't worry, see you tomorrow.
[children laughing]
-[Juliette]Weren't the seals were amazing?-Mm-hm.
Uncle Dominic, look what we found.
And we saw seals, too.
I phoned, you know?
When John decided to volunteerfor Afghanistan...
I calledthe Secretary of Defense
to get himassigned to a safe post.
I'm not the puristNina imagines I am.
But then John found out,blocked me from doing anything.
Why didn't you tell her?
She thought you had done nothing to save him.
I know.
But she needed someone to blame.
Everybody does.
[Massimo] Try this one.
Let's do it together, okay? One, two, three.
Why didn't you answer the phone?
Claire was on the verge of calling the police.
I'm sorry.
I guess I just needed to hearchildren laugh again.
And did you?
Yes.
But it was different.
I finally accepted...
that I won't hear John's ever again.
When John was little, we were so happy here.
Yes, we were.
Thank you.
[Dominic] She fell asleep right away,
without a sleeping pill for the first time in ages.
No.
You should join me.
[inhales deeply]
[fire crackling]
You know what Nina used to criticize me for?
Being prouder of you than I was of John.
It's true.
I would have preferred
if John had beenmore like you.
Even after you fucked my wife.
Did you really think I didn't know?
My relationship with Nina is deeper than sex.
She needed you.
We needed you.
And, ironically,
you saved our marriage.
And you destroyed mine.
Why didn't you tell meyou knew Carrie was in America?
In prison?
-You hired that lawyer... -Mm.
Used him to keep tabs on her.
-Why? -I hired Trevor...
so I could protect you from that mad woman.
-I didn't need your protection.-Oh, come on, Massimo.
You knew Carrie would ruin your career,
otherwise, you wouldn'thave let her go.
I remember your faceat the party.
You didn't just want to be the new head of trading.
You wanted to be one of us, whatever the cost.
Such ambition is nothingto be ashamed of.
That's why I chose you. But betrayal?
No.
That's not okay.
I know about the VaR, Massimo.
I have proof your team tampered with it.
[sighs]
So?
What? Are you sacking me?
You're gonna suffer the consequences.
[Massimo] They say that Lucifer...
the most shining of all the angels...
[police sirens wailing distantly]
[doorbell buzzing]
...was God's favorite.
That God loved him more than all the other angels.
Yet, when he found out that Lucifer had broken his rules...
he was pitiless.
With his entire host of demons...
he cast Lucifer into hell.
[heavy breathing]