1 00:00:30,197 --> 00:00:32,198 MALE GUARD 1 : One silk handkerchief. 2 00:00:33,784 --> 00:00:34,826 One necktie. 3 00:00:37,329 --> 00:00:38,621 One watch. 4 00:00:42,126 --> 00:00:43,418 One ring. 5 00:00:46,296 --> 00:00:48,548 One gold money clip with no money in it. 6 00:00:54,012 --> 00:00:56,180 And one mobile phone. 7 00:01:05,774 --> 00:01:08,818 MALE GUARD 2: Fifty cents a day, minus what you spent inside, 8 00:01:08,902 --> 00:01:10,737 and a train ticket to the Big Apple. 9 00:01:10,821 --> 00:01:13,448 Good luck, Gekko, and don't come back. 10 00:01:14,408 --> 00:01:17,702 JAKE: You want to know what the mother of all bubbles was? 11 00:01:18,287 --> 00:01:20,997 lt came out of nowhere. By chance. 12 00:01:21,123 --> 00:01:22,749 MALE GUARD 3: How many you got, Mac? MALE GUARD 4: Five. 13 00:01:22,833 --> 00:01:25,501 They called it the Cambrian Explosion. 14 00:01:25,586 --> 00:01:28,004 It happened around 540 million years ago. 15 00:01:28,088 --> 00:01:29,088 MALE GUARD 3: Open the gate! 16 00:01:29,173 --> 00:01:31,257 And over the next 70, 80 million years, 17 00:01:31,341 --> 00:01:33,676 the rate of evolution accelerated so fast 18 00:01:34,636 --> 00:01:36,345 that we came along. 19 00:01:36,805 --> 00:01:38,347 The human race. 20 00:01:39,767 --> 00:01:43,936 They still can't explain how that happened, except that it happened. 21 00:01:44,480 --> 00:01:45,521 MAN: Here he is! 22 00:01:46,356 --> 00:01:47,690 (lNDlSTlNCT CHATTER) 23 00:01:54,865 --> 00:01:56,282 (HlP-HOP MUSlC PLAYlNG) 24 00:01:57,951 --> 00:01:58,951 Daddy! 25 00:02:03,081 --> 00:02:04,207 (WHlSTLES) 26 00:02:12,716 --> 00:02:15,092 Some people say it was by chance, 27 00:02:16,261 --> 00:02:17,804 others, design. 28 00:02:19,848 --> 00:02:21,641 But who really knows? 29 00:02:26,897 --> 00:02:28,356 (HOME PLAYlNG) 30 00:02:34,238 --> 00:02:39,867 MAN: (SlNGlNG) The dimming of the light makes the picture clearer 31 00:02:40,536 --> 00:02:43,955 It's just an old photograph 32 00:02:44,039 --> 00:02:47,500 There's nothing to hide 33 00:02:47,626 --> 00:02:53,548 When the world was just beginning 34 00:02:56,677 --> 00:03:02,598 I memorized a face so it's not forgotten 35 00:03:02,975 --> 00:03:06,352 I hear the wind whistlin' 36 00:03:06,436 --> 00:03:10,565 Come back anytime 37 00:03:10,649 --> 00:03:15,945 And we'll mix our lives together 38 00:03:18,824 --> 00:03:21,492 Heaven knows 39 00:03:21,577 --> 00:03:28,165 What keeps mankind alive 40 00:03:30,043 --> 00:03:33,045 Connecting 41 00:03:33,130 --> 00:03:37,633 To places we have known 42 00:03:40,220 --> 00:03:43,556 I'm looking for a home 43 00:03:43,640 --> 00:03:47,393 Where the wheels are turning 44 00:03:47,477 --> 00:03:53,065 Home Why I keep returning 45 00:03:53,150 --> 00:03:58,404 Home With our bodies touching 46 00:03:58,822 --> 00:04:04,118 Home And the cameras watching 47 00:04:04,369 --> 00:04:06,078 Home 48 00:04:06,163 --> 00:04:11,125 Will infect whatever you do 49 00:04:14,796 --> 00:04:17,632 We're home 50 00:04:17,716 --> 00:04:21,928 Comes to life from out of the blue 51 00:04:29,394 --> 00:04:30,770 (JAKE GROANS) Stop sleeping. 52 00:04:30,854 --> 00:04:32,605 You mean "wake up." 53 00:04:32,689 --> 00:04:36,025 "Wake up" is positive. "Stop sleeping" is a negative. 54 00:04:37,611 --> 00:04:39,528 Either way, it's not my favorite part of the day. 55 00:04:39,613 --> 00:04:41,864 lt's the best part of the day. 56 00:04:42,199 --> 00:04:44,450 l feel bad for anybody who feels that way. 57 00:04:44,534 --> 00:04:46,494 lt means their day can't get any better. 58 00:04:46,578 --> 00:04:47,787 (EXCLAlMS) 59 00:04:47,871 --> 00:04:50,957 You go to bed too late. You don't sleep enough. 60 00:04:54,252 --> 00:04:56,545 What's going on with you today? 61 00:04:57,255 --> 00:04:58,798 WlNNlE: Did l tell you, or did you forget? 62 00:04:59,549 --> 00:05:01,801 l'm going to Washington for the week. 63 00:05:01,885 --> 00:05:03,094 Yeah. New site, right? 64 00:05:03,637 --> 00:05:04,804 WlNNlE: We're launching in 1 0 days, 65 00:05:04,888 --> 00:05:06,555 so the whole site's down starting tomorrow. 66 00:05:06,640 --> 00:05:07,807 What are all those angry liberals 67 00:05:07,891 --> 00:05:09,475 going to do without their daily fix, baby? 68 00:05:09,559 --> 00:05:12,895 You're just as liberal as they are, Mr. Green Energy. 69 00:05:13,021 --> 00:05:15,690 No, no, no. The only green is money, honey. 70 00:05:15,774 --> 00:05:18,609 Oh, you're so Wall Street, it makes me sick. 71 00:05:18,902 --> 00:05:20,027 Baby, come here. 72 00:05:20,112 --> 00:05:22,238 No. What did l ever see in you? 73 00:05:22,322 --> 00:05:23,489 Come here. No. 74 00:05:23,573 --> 00:05:24,991 MARlA ON TV: My next guest, Gordon Gekko, 75 00:05:25,075 --> 00:05:27,535 was one of the biggest names on Wall Street in the '80s 76 00:05:27,619 --> 00:05:31,163 before he went to prison for insider trading and securities fraud. 77 00:05:31,248 --> 00:05:34,083 He's out with a new book, and it is a shocker, believe me. 78 00:05:34,167 --> 00:05:36,377 It is caIIed ls Greed Good? 79 00:05:36,461 --> 00:05:37,753 The man himself is here with us. 80 00:05:37,838 --> 00:05:39,338 Gordon, good to have you on the program. 81 00:05:39,423 --> 00:05:41,007 GORDON: Thank you, Maria. It's nice to be out. 82 00:05:41,091 --> 00:05:42,675 Turn it off. One sec. 83 00:05:42,759 --> 00:05:45,094 And I must tell you, your show is a big, big hit in the can. 84 00:05:45,429 --> 00:05:48,347 (STAMMERS) Oh. You watched it in prison? 85 00:05:48,432 --> 00:05:49,473 Your show? 86 00:05:50,183 --> 00:05:52,351 Me and a whole lot of others. 87 00:05:52,894 --> 00:05:54,603 MARlA: You wrote the book in prison? 88 00:05:54,688 --> 00:05:56,939 GORDON: I did. I outlined my drafts... 89 00:05:57,024 --> 00:05:58,607 (REMOTE CLATTERlNG) 90 00:06:00,110 --> 00:06:01,861 l'm taking a shower. 91 00:06:04,197 --> 00:06:06,032 (LIFE IS LONG PLAYING) 92 00:06:09,494 --> 00:06:15,166 MAN: (SlNGlNG) Everybody says that the living is easy 93 00:06:15,250 --> 00:06:19,920 I can barely see 'Cause my head's in the way 94 00:06:20,881 --> 00:06:23,632 Tigers walk behind me 95 00:06:24,009 --> 00:06:27,261 They are to remind me that 96 00:06:27,512 --> 00:06:32,349 I'm Iost, but I'm not afraid 97 00:06:32,476 --> 00:06:34,852 Soul to soul 98 00:06:34,936 --> 00:06:37,855 A kiss and a sigh 99 00:06:37,939 --> 00:06:39,899 Sawed in half... 100 00:06:39,983 --> 00:06:41,650 See you next week. 101 00:06:42,360 --> 00:06:43,819 Good luck in Washington. 102 00:06:49,659 --> 00:06:55,247 People on the outside I remember sweet times 103 00:06:55,665 --> 00:07:00,127 This old rose is always in bloom 104 00:07:02,172 --> 00:07:03,422 (CELL PHONE RlNGlNG) 105 00:07:03,507 --> 00:07:05,007 Hello? DR. MASTERS: Jacob. 106 00:07:05,092 --> 00:07:06,092 Dr. Masters. 107 00:07:06,176 --> 00:07:08,177 Good morning, sir. Don't you get any sleep? 108 00:07:08,261 --> 00:07:12,056 Jacob, it happened. As close as we've come to burn yet. 109 00:07:12,182 --> 00:07:13,599 JAKE: ReaIIy? How many lasers? 110 00:07:13,683 --> 00:07:17,686 We fired 72 this morning, and we're going to go for 96 next week. 111 00:07:17,771 --> 00:07:20,523 That's fantastic. That's a game changer, Doc. 112 00:07:20,607 --> 00:07:21,774 So let me guess, 113 00:07:21,858 --> 00:07:23,776 it means we're pushing the pace, right? You need more money? 114 00:07:23,860 --> 00:07:27,113 Well, it'd be good if we could get another $1 00 million. 115 00:07:27,197 --> 00:07:30,449 We could pick up maybe six months on our schedule. 116 00:07:30,742 --> 00:07:32,284 JAKE: A hundred million dollars? 117 00:07:32,786 --> 00:07:35,454 As long as the price of oil stays high, we'll get the money. 118 00:07:35,539 --> 00:07:37,373 That would be nice. That would be nice. 119 00:07:37,541 --> 00:07:41,210 Because The Foundation says that they're having some problems in the markets. . . 120 00:07:41,294 --> 00:07:43,295 You don't worry about that, though, okay, Doc? 121 00:07:43,380 --> 00:07:46,132 You just keep building that baby star, okay? 122 00:07:46,216 --> 00:07:49,802 (LAUGHS) Okay. Thank you, Jacob. Thank you. 123 00:07:49,886 --> 00:07:52,096 All right, l'll talk to you soon. 124 00:07:52,222 --> 00:07:57,601 Now I can say Those three little words 125 00:07:57,686 --> 00:08:02,773 And everyday I'm dreaming a world 126 00:08:03,859 --> 00:08:06,318 Life is long 127 00:08:06,403 --> 00:08:08,988 If you give it way 128 00:08:09,072 --> 00:08:11,991 So stay, don't go 129 00:08:12,075 --> 00:08:15,202 'Cause I'm fading away 130 00:08:15,370 --> 00:08:20,833 Soul to soul Between you and me 131 00:08:20,917 --> 00:08:26,338 Chain me down But I am still free 132 00:08:30,677 --> 00:08:32,845 STAN: Hydra Offshore. 133 00:08:32,929 --> 00:08:35,514 Let me repeat this again. 134 00:08:35,599 --> 00:08:37,433 A huge deep-sea exploration play 135 00:08:37,517 --> 00:08:39,518 off the coast of Equatorial Guinea. 136 00:08:39,603 --> 00:08:41,854 That's an oil field that's barely been touched. 137 00:08:41,938 --> 00:08:46,775 Remember, the stock's trading roughly 31 % off the 52-week high 138 00:08:46,860 --> 00:08:48,694 and it's part owned and funded 139 00:08:48,778 --> 00:08:50,613 by none other than, guess who. 140 00:08:50,864 --> 00:08:52,114 Churchill Schwartz. 141 00:08:52,199 --> 00:08:54,700 So we know they won't let anything too bad happen here. 142 00:08:54,784 --> 00:08:56,952 My suggestion is that we get aggressive. 143 00:08:57,037 --> 00:08:58,579 Agreed? MAN: Yeah. 144 00:08:59,623 --> 00:09:00,915 We all agree? 145 00:09:01,249 --> 00:09:03,250 Ed, what do you think? 146 00:09:03,335 --> 00:09:05,294 l don't agree. Maybe it's just me. 147 00:09:05,378 --> 00:09:07,796 Equatorial Guinea's a pretty tough dictatorship. 148 00:09:07,881 --> 00:09:09,715 This guy's already nationalized the gold and diamond mines. 149 00:09:09,799 --> 00:09:10,841 So what's your point? 150 00:09:10,926 --> 00:09:11,967 l just don't think it's a risk our desk 151 00:09:12,052 --> 00:09:13,969 should be taking right now, that's all. l'd wait. 152 00:09:14,095 --> 00:09:15,221 Wait? Wait for what? Yeah. 153 00:09:15,305 --> 00:09:16,972 Your "Beam me up, Scottie" hydrogen fusion deal? 154 00:09:17,057 --> 00:09:18,265 Now you're talking about something else. 155 00:09:18,350 --> 00:09:19,808 lt's United Fusion Corporation, Stan. 156 00:09:19,893 --> 00:09:20,976 Come on. lt's apples and oranges. 157 00:09:21,061 --> 00:09:22,144 Oh, really? Yeah. 158 00:09:22,229 --> 00:09:23,729 You mean the deal that we already sank 159 00:09:23,813 --> 00:09:25,898 $50 million into, Mr. Brainiac? 160 00:09:25,982 --> 00:09:29,318 Alternative energy is what biotech was 1 5 years ago, Stan. 161 00:09:29,569 --> 00:09:30,778 Come on. You were young once. You know that. 162 00:09:30,862 --> 00:09:32,738 Profits aren't quarterly. The runs could be huge. 163 00:09:32,822 --> 00:09:35,574 We'll all be dead by the time your nutty professor makes us any money. 164 00:09:35,659 --> 00:09:38,619 Right, this coming from the guy who said Google was a bubble. 165 00:09:38,703 --> 00:09:40,120 (PEOPLE LAUGHlNG) 166 00:09:40,538 --> 00:09:43,999 Anyway. Hydra Offshore. 167 00:09:44,084 --> 00:09:47,878 lt's priced right for us to make three to five times on our money. 168 00:09:47,963 --> 00:09:50,256 And better yet, what we all love the most. 169 00:09:50,840 --> 00:09:52,174 Big year-end bonuses. 170 00:09:53,843 --> 00:09:55,010 (BELL RlNGlNG) 171 00:09:55,804 --> 00:09:58,013 MAN: Let's go! Let's go! Let's make some dough ! 172 00:09:58,098 --> 00:09:59,181 What's up? You good? 173 00:10:00,183 --> 00:10:01,684 (lNDlSTlNCT CHATTER) 174 00:10:11,695 --> 00:10:13,988 l can't! lt's not up to me. 175 00:10:14,072 --> 00:10:16,156 Maybe l can do it, maybe l can't do it. 176 00:10:16,241 --> 00:10:18,284 People are telling me something. 177 00:10:18,368 --> 00:10:21,120 Jesus! Harry, you gave me your word. 178 00:10:21,204 --> 00:10:22,871 You know l know! 179 00:10:24,874 --> 00:10:26,125 You okay, Lou? 180 00:10:26,209 --> 00:10:27,334 (GRUNTS) 181 00:10:27,752 --> 00:10:30,296 Good day, l'm okay. Bad day, l'm okay. 182 00:10:30,380 --> 00:10:31,755 What's the difference? 183 00:10:33,341 --> 00:10:35,509 Do me a favor. Don't ask me dumb questions. 184 00:10:35,885 --> 00:10:37,136 JAKE: You wanted to see me? 185 00:10:37,220 --> 00:10:38,971 Steve, stay on top of Harry, okay? 186 00:10:39,055 --> 00:10:40,222 He's driving me crazy. 187 00:10:40,307 --> 00:10:41,432 STEVE: You got it, boss. 188 00:10:42,934 --> 00:10:44,018 Follow me. 189 00:10:47,230 --> 00:10:48,522 (GASPS) 190 00:10:50,608 --> 00:10:51,692 Why? 191 00:10:51,776 --> 00:10:54,153 That's some "Thank you." What do you want, a kiss, too? 192 00:10:54,237 --> 00:10:56,655 l thought maybe the news out of London would've wrecked the mood. 193 00:10:56,740 --> 00:10:58,907 London? Don't tell me London. 194 00:10:58,992 --> 00:11:00,492 l take a look at their sheets. 195 00:11:00,577 --> 00:11:03,454 They tell me they got a $1 25 million profit, right? 196 00:11:03,538 --> 00:11:05,205 l look at the same lousy spread, 197 00:11:05,290 --> 00:11:07,041 to me it looks like a buck and a quarter loss. 198 00:11:07,125 --> 00:11:08,917 Then they tell me, "Don't worry about it. 199 00:11:09,002 --> 00:11:10,711 "We're making money on the losses." 200 00:11:10,795 --> 00:11:13,797 How do you make money on losses? You tell me. 201 00:11:14,257 --> 00:11:15,841 l'm just an old dinosaur. 202 00:11:15,925 --> 00:11:17,968 Lou, l believe in Keller Zabel. We're fine. 203 00:11:18,053 --> 00:11:19,219 And you're not a dinosaur. Come on. 204 00:11:19,304 --> 00:11:20,679 lt's no fun anymore, Jacob. 205 00:11:21,806 --> 00:11:24,600 l'm talking to some guy in Mumbai, Dumbai. 206 00:11:24,684 --> 00:11:26,435 l don't know what he's talking about. 207 00:11:26,519 --> 00:11:28,479 l don't know what he's selling, l don't know who he is, 208 00:11:28,563 --> 00:11:29,980 l don't know how much l'm putting up. 209 00:11:30,065 --> 00:11:33,442 And my partners, they're in their graves. They're laughing at me. 210 00:11:33,777 --> 00:11:36,362 lt's just a bunch of machines now, telling us what to do. 211 00:11:36,446 --> 00:11:38,822 That's why you got people like me here, Lou, to lighten the load. 212 00:11:39,449 --> 00:11:42,451 Getting old is not for sissies, kid. 213 00:11:44,621 --> 00:11:46,121 (CLEARS THROAT) 214 00:11:47,957 --> 00:11:49,875 Take that money, huh? 215 00:11:49,959 --> 00:11:52,586 You spend it on that pretty girl. You deserve it. 216 00:11:54,923 --> 00:11:57,216 l remember when the pro sent me you. 217 00:11:57,300 --> 00:11:59,927 This skinny kid with crazy hair. 218 00:12:00,011 --> 00:12:02,971 l said, "Jimmy, what are you doing to me? Give me a real caddy." 219 00:12:03,515 --> 00:12:06,683 l was having a bad day, and you wouldn't shut up. 220 00:12:06,768 --> 00:12:08,727 Twelve years old, you're talking to me about 221 00:12:08,812 --> 00:12:12,940 companies and sectors and earnings. 222 00:12:16,486 --> 00:12:20,948 You had the hunger, Jake. l could smell it then. You still got it. 223 00:12:23,118 --> 00:12:25,285 l've just never had a check like this in my hands before. 224 00:12:25,370 --> 00:12:28,747 You spend it. Somebody has to keep our economy going. 225 00:12:29,290 --> 00:12:31,375 Well, get out of my office. 226 00:12:41,970 --> 00:12:43,387 Thank you. 227 00:12:51,146 --> 00:12:52,354 SALESMAN: Princess cut. 228 00:12:52,522 --> 00:12:54,982 Platinum-banded, one and a half carat. 229 00:12:55,859 --> 00:12:57,901 There's nothing quite like a ring. . . 230 00:12:57,986 --> 00:13:02,364 Can you take me to the money room? 231 00:13:03,741 --> 00:13:07,536 You mean the private client foyer? 232 00:13:08,204 --> 00:13:09,496 That's it. 233 00:13:10,373 --> 00:13:12,666 (R&B MUSlC PLAYlNG) 234 00:13:32,187 --> 00:13:34,396 (lNDlSTlNCT CHATTER) 235 00:13:42,572 --> 00:13:44,865 MAN: Olga from Russia, with love. 236 00:13:45,408 --> 00:13:46,617 How are you? 237 00:13:47,076 --> 00:13:49,745 WAlTRESS: Shots or champagne, guys? 238 00:13:50,705 --> 00:13:51,955 (GlRLS LAUGHlNG) 239 00:14:05,261 --> 00:14:07,846 She was scoping you for the kill, bro. 240 00:14:07,931 --> 00:14:10,057 Perfect. An 1 1 , man. Gisele time. 241 00:14:10,141 --> 00:14:11,725 No. This is. . . 242 00:14:16,064 --> 00:14:18,607 Wow. You're serious. 243 00:14:18,775 --> 00:14:19,775 Yeah. 244 00:14:21,152 --> 00:14:24,738 So young, and already pricing yourself off the market. 245 00:14:25,073 --> 00:14:26,615 'Tron? Shots. 246 00:14:29,410 --> 00:14:31,203 So when are you gonna ask her? 247 00:14:31,287 --> 00:14:33,163 She's not that crazy about marriage, you know. 248 00:14:33,248 --> 00:14:34,206 l mean, look at her parents. 249 00:14:34,290 --> 00:14:36,708 ROBBY: A girl's got to get it straight with her pop, don't you think? 250 00:14:36,793 --> 00:14:37,918 What if you have kids? 251 00:14:38,002 --> 00:14:39,211 Yeah, it's going be tough. 252 00:14:39,295 --> 00:14:40,879 Did you hear what he said on TV the other night? 253 00:14:41,422 --> 00:14:45,008 "Home loan defaults are just the first raindrop in the mother of all storms." 254 00:14:45,134 --> 00:14:47,844 Christ. Sour grapes, this man. 255 00:14:47,929 --> 00:14:50,514 The guy is a legend. Gordon the Gekko. 256 00:14:50,848 --> 00:14:53,684 He's speaking next week up at your old alma mater, Fordham. 257 00:14:53,935 --> 00:14:54,893 Watch yourself. 258 00:14:54,978 --> 00:14:56,603 ROBBY: Hey buddy, get a cane. Come on, come on. 259 00:14:57,480 --> 00:14:59,690 A few of us are going up after work to check him out. Come along. 260 00:14:59,774 --> 00:15:01,567 l can't. Winnie, you know. 261 00:15:02,277 --> 00:15:04,152 The only God you worship is Zabel. 262 00:15:04,237 --> 00:15:07,072 l don't worship the man. He got me a seat at the table. 263 00:15:07,156 --> 00:15:08,865 The word is he's stuck with a ton of toxic 264 00:15:08,950 --> 00:15:10,576 sub-prime debt off the balance sheet. 265 00:15:10,660 --> 00:15:12,578 Billions. Can't find a bid for it. 266 00:15:12,662 --> 00:15:13,829 Yeah, so what? 267 00:15:14,247 --> 00:15:16,748 So, buddy, it don't matter if the rumors are true or not. 268 00:15:16,833 --> 00:15:18,917 Because in this climate, it's what buyers believe. 269 00:15:19,002 --> 00:15:20,502 And where there's smoke, there's fire. 270 00:15:20,795 --> 00:15:22,462 l'll make you a bet right now. Go. 271 00:15:22,589 --> 00:15:25,090 l got a million dollars left of my bonus, okay? Mmm-hmm. 272 00:15:25,174 --> 00:15:26,925 lt's yours tomorrow a.m. 273 00:15:27,010 --> 00:15:29,219 You put it in KZl shares. You leverage that to the max. 274 00:15:29,304 --> 00:15:30,429 That's how much l believe in this company. 275 00:15:30,513 --> 00:15:31,847 Did you not hear me? 276 00:15:31,931 --> 00:15:33,682 Listen, as your only friend left 277 00:15:33,766 --> 00:15:35,434 from a place in Long lsland no one can remember, 278 00:15:35,518 --> 00:15:36,852 let alone pronounce, 279 00:15:36,936 --> 00:15:39,229 l'm telling you, you're acting like your mama. 280 00:15:40,398 --> 00:15:42,482 Don't do that. Leave her out of this. 281 00:15:42,567 --> 00:15:45,319 Plus, why would he spot-bonus me right now if we were in trouble, huh? 282 00:15:45,403 --> 00:15:46,445 lt makes no sense. 283 00:15:46,529 --> 00:15:48,739 Look, you don't want to make any money on this, fine. 284 00:15:48,823 --> 00:15:50,073 l'm sure Harry Shapiro would love to. 285 00:15:50,158 --> 00:15:51,116 Okay, okay. 286 00:15:51,200 --> 00:15:53,285 l'm a hooker, too. Send it to me. 287 00:15:53,369 --> 00:15:54,828 You're still young enough to recover. 288 00:15:56,164 --> 00:15:58,081 l'll ream you on the commission. 289 00:15:58,166 --> 00:15:59,666 (LAUGHS) l'm gonna love the look on your face 290 00:15:59,751 --> 00:16:01,251 when l make so much money off this. 291 00:16:01,336 --> 00:16:03,045 l'll have no choice but to walk away. 292 00:16:06,799 --> 00:16:09,426 MALE NEWS ANCHOR: Guys, we're looking at an unprecedented meltdown here. 293 00:16:09,510 --> 00:16:11,011 I've never seen anything like it... 294 00:16:11,387 --> 00:16:14,264 FEMALE NEWS ANCHOR: Keller Zabel's loss today was the worst in over a year. 295 00:16:14,349 --> 00:16:16,642 And this big drop may be just the beginning 296 00:16:16,726 --> 00:16:18,894 of a much deeper correction. 297 00:16:19,187 --> 00:16:22,731 It is an amazing story. Keller Zabel stock is getting hammered. 298 00:16:22,815 --> 00:16:25,817 ROBBY ON PHONE: How is it you've never been more wrong in your life than right now? 299 00:16:25,902 --> 00:16:28,111 You're losing all your money right now. I see it, it's going down. 300 00:16:28,196 --> 00:16:31,531 Somebody is betting big money that Zabel's stock is about to collapse. 301 00:16:31,616 --> 00:16:32,658 You wanna owe? 302 00:16:32,825 --> 00:16:34,701 This stock's about to lose its bar mitzvah, Jake. 303 00:16:34,786 --> 00:16:37,704 Take the haircut and sell. You're on a 50% margin, buddy. 304 00:16:37,789 --> 00:16:40,957 l can still get you out now at a total loss, but at least you won't owe. 305 00:16:41,292 --> 00:16:42,834 ...threatening the firm's liquidity. 306 00:16:42,919 --> 00:16:47,673 In one incredibIe week, shares of KZI are down 52%. 307 00:16:47,840 --> 00:16:49,841 STAN: l know where the stock is. l have it in front of me. 308 00:16:49,926 --> 00:16:52,010 What you got to do right now is relax, take a deep breath. 309 00:16:52,095 --> 00:16:53,970 Tell your banks not to sell the stock. 310 00:16:54,055 --> 00:16:56,223 The stock is overreacting right now and. . . 311 00:16:56,307 --> 00:16:57,724 Hey, what financial stock isn't, right? 312 00:16:57,809 --> 00:17:00,227 Listen, three months from now we're going to look back on this and laugh. 313 00:17:00,311 --> 00:17:01,478 You're angry? l'm angry. 314 00:17:01,562 --> 00:17:02,646 Okay! We're okay. 315 00:17:02,730 --> 00:17:03,980 Relax. AUDREY: Relax. 316 00:17:05,525 --> 00:17:06,650 Jesus Christ. 317 00:17:07,110 --> 00:17:08,568 ROBBY: I've known you your whole life, Jake. 318 00:17:09,112 --> 00:17:10,779 And l know when you're lying to yourself. 319 00:17:10,863 --> 00:17:14,741 Robby, listen to me. Keller Zabel's been around a long time. 320 00:17:14,826 --> 00:17:17,577 All right? lt's one of the great names in investment banking. 321 00:17:17,662 --> 00:17:19,162 A month, a year, it doesn't matter. 322 00:17:19,288 --> 00:17:20,789 We'll be back to 65/70, and l'll be fine. 323 00:17:20,873 --> 00:17:22,374 You just gotta hold it, okay? 324 00:17:22,667 --> 00:17:24,209 You're gonna owe, you know. 325 00:17:24,293 --> 00:17:26,753 Not just the buck, but the margin, too. We're talking another. . . 326 00:17:26,838 --> 00:17:28,088 Tell me. 327 00:17:28,589 --> 00:17:30,882 (EXHALES) You don't want to hear this today. 328 00:17:30,967 --> 00:17:32,217 Robby. 329 00:17:32,635 --> 00:17:33,635 How much? 330 00:17:33,720 --> 00:17:35,053 At least another half a buck. 331 00:17:36,639 --> 00:17:38,974 Give me the okay to sell, buddy. 332 00:17:40,309 --> 00:17:41,643 Right now. 333 00:17:42,353 --> 00:17:44,980 Sell. Sell! 334 00:17:45,481 --> 00:17:47,482 Robby, l got to call you later. 335 00:17:47,900 --> 00:17:49,651 Have you seen Zabel? 336 00:17:58,745 --> 00:18:00,370 Annica, where's Lou? 337 00:18:00,455 --> 00:18:03,331 Not in. Not answering. 338 00:18:04,834 --> 00:18:06,001 Not happy. 339 00:18:12,925 --> 00:18:13,925 Hey. 340 00:18:15,303 --> 00:18:16,344 Lou. 341 00:18:20,349 --> 00:18:22,684 Hey, Lou. How's your day going, huh? 342 00:18:22,810 --> 00:18:27,022 l told you. Good day, l'm okay. Bad day, l'm okay. 343 00:18:27,106 --> 00:18:30,108 Stop bugging me on my feelings. They're irrelevant. 344 00:18:31,569 --> 00:18:32,903 l wanted to come see you face to face 345 00:18:32,987 --> 00:18:34,404 and talk about these rumors, you know. 346 00:18:34,489 --> 00:18:36,072 Because it's getting crazy. lt's out of control now. 347 00:18:36,157 --> 00:18:37,324 l'm hearing it from all ends. 348 00:18:37,408 --> 00:18:38,450 Our world is all bullshit. 349 00:18:39,702 --> 00:18:43,413 Some TV bubblehead, he gets up there like he knows something. 350 00:18:43,790 --> 00:18:46,041 He sells fear, panic. 351 00:18:46,209 --> 00:18:48,460 And morons, they love it. 352 00:18:48,544 --> 00:18:51,213 They want it to end because it sells. 353 00:18:51,297 --> 00:18:53,465 There's no limits anymore. 354 00:18:53,841 --> 00:18:57,302 Muriel knows how to walk this thing. lt's her damn dog. 355 00:18:57,386 --> 00:18:59,387 Lou, l can help. l can get to the bottom of these derivatives. 356 00:18:59,472 --> 00:19:00,889 You just got to tell me. 357 00:19:00,973 --> 00:19:02,474 There's so much you don't know, Jacob. 358 00:19:02,558 --> 00:19:05,352 What? What about the bonus thing? Why now? 359 00:19:05,603 --> 00:19:09,397 Because l know you. You're holding out for something better. 360 00:19:10,066 --> 00:19:12,943 Well, don't. Spend it. Use the money. 361 00:19:13,027 --> 00:19:14,986 Because one day, you're gonna wake up and you're gonna be dead. 362 00:19:15,071 --> 00:19:16,780 Lou, you got to get yourself together, all right? 363 00:19:16,864 --> 00:19:18,073 We're gonna be fine. 364 00:19:18,157 --> 00:19:19,366 No matter how bad this thing gets, 365 00:19:19,450 --> 00:19:20,992 we have real equity in this company. 366 00:19:21,077 --> 00:19:22,285 We're gonna get through this. 367 00:19:22,370 --> 00:19:23,829 Marry Gekko's daughter. 368 00:19:23,913 --> 00:19:25,914 Make some kids with her. 369 00:19:26,249 --> 00:19:27,624 And you spend as much time as you can 370 00:19:27,750 --> 00:19:29,042 with those kids when they're young 371 00:19:29,126 --> 00:19:31,169 because everything changes. Everything. 372 00:19:31,254 --> 00:19:34,214 l cannot help you if l don't understand what you are talking about. 373 00:19:34,298 --> 00:19:37,050 There's 1 5,000 jobs on the line right now. 374 00:19:37,134 --> 00:19:39,386 Somebody's after us, right? Somebody's trying to hurt us. 375 00:19:39,470 --> 00:19:42,722 There's a reason this is happening. l need to know how and why. 376 00:19:42,807 --> 00:19:44,182 You know that dream you got about 377 00:19:44,267 --> 00:19:46,142 that little energy company in California? 378 00:19:46,227 --> 00:19:49,354 You may not get there, but you hold on to that. 379 00:19:49,438 --> 00:19:50,939 Because everything else is just noise. 380 00:19:51,023 --> 00:19:53,859 lt's not just noise. There's 1 5,000 jobs on the line. 381 00:19:53,943 --> 00:19:56,528 Fifteen thousand people here. That's not noise. 382 00:19:56,612 --> 00:19:57,696 Are we going under? 383 00:19:57,780 --> 00:19:58,738 l never liked this damn dog. 384 00:19:58,823 --> 00:20:00,824 Louis, are we going under? 385 00:20:03,911 --> 00:20:05,662 You're asking the wrong question, Jacob. 386 00:20:05,746 --> 00:20:07,330 What's the right question? 387 00:20:08,082 --> 00:20:09,082 Who isn't? 388 00:20:14,213 --> 00:20:15,463 (CHlLDREN LAUGHlNG) 389 00:20:40,531 --> 00:20:41,990 ZABEL: China's out. 390 00:20:42,658 --> 00:20:43,783 BlLL: You said. . . 391 00:20:43,868 --> 00:20:45,869 ZABEL: l know what l said, Bill. 392 00:20:46,662 --> 00:20:49,414 Two months we negotiated with these pikers. 393 00:20:49,498 --> 00:20:50,749 They pulled out at 7:00 p.m. 394 00:20:50,833 --> 00:20:53,627 So what's new? They're Chinese. 395 00:20:53,753 --> 00:20:56,630 And while they were negotiating, we lost the Koreans. 396 00:20:56,714 --> 00:20:58,423 BlLL: So you're saying you don't have an out. 397 00:20:58,507 --> 00:21:02,052 No, l'm saying, just give me one week. 398 00:21:02,845 --> 00:21:06,097 We're still talking to the British. And the Arabs are back in, 399 00:21:06,182 --> 00:21:08,099 and this time it's for real. 400 00:21:08,184 --> 00:21:10,310 PAUL ON SPEAKER: Lou, we've heard this before. 401 00:21:10,394 --> 00:21:14,356 Jesus. Paul, we lost billions this week. 402 00:21:14,941 --> 00:21:17,442 lf the markets don't roll over our paper Sunday night, 403 00:21:17,526 --> 00:21:18,818 before Asia opens, 404 00:21:18,903 --> 00:21:21,780 Keller Zabel cannot do business on Monday. 405 00:21:22,406 --> 00:21:25,700 Tuesday, 1 5,000 people are gonna be out of a job, worldwide! 406 00:21:25,785 --> 00:21:29,537 BlLL: Lou, you understated the scale of your bad loans. 407 00:21:29,622 --> 00:21:31,998 Your valuations are no longer believable. 408 00:21:34,502 --> 00:21:36,461 After all these years, 409 00:21:37,755 --> 00:21:39,214 you say this to me? 410 00:21:40,091 --> 00:21:41,257 Me? 411 00:21:42,927 --> 00:21:46,179 Three-quarters of the banking houses at this table 412 00:21:46,263 --> 00:21:50,058 are holding the same paper, and you're gonna let Keller Zabel fail? 413 00:21:53,062 --> 00:21:55,355 You're all committing suicide. 414 00:21:59,276 --> 00:22:01,987 What do you say, Harry? Will you come in on this? 415 00:22:02,071 --> 00:22:04,864 Look, if you want us to bail out Keller Zabel, 416 00:22:04,949 --> 00:22:06,616 all of us will have to participate. 417 00:22:06,909 --> 00:22:08,827 Like Long-Term Capital, '98. 418 00:22:08,911 --> 00:22:12,247 And we will need substantial guarantees from the US Treasury. 419 00:22:15,876 --> 00:22:17,335 Bill, l think we should talk privately. 420 00:22:17,753 --> 00:22:19,587 PAUL: I think that's a good idea, Bill. 421 00:22:19,672 --> 00:22:21,464 BlLL: Gentlemen, give us a minute. 422 00:22:21,632 --> 00:22:23,883 What about moral hazard, Jack? 423 00:22:24,719 --> 00:22:26,970 We bail out Keller Zabel, who's to say 424 00:22:27,054 --> 00:22:29,264 it's not gonna happen again and again? 425 00:22:31,726 --> 00:22:34,227 You vindictive bastard. 426 00:22:35,730 --> 00:22:38,773 Who are you to talk about moral hazard? 427 00:22:38,858 --> 00:22:39,899 BRETTON: l'm sorry, Lou. 428 00:22:40,109 --> 00:22:42,360 The Street needs to make a statement here to the world. 429 00:22:42,445 --> 00:22:43,987 ZABEL: lt was eight years ago! 430 00:22:44,155 --> 00:22:46,781 You just can't let it go, can you, Bretton? 431 00:22:46,866 --> 00:22:48,825 BlLL: All right, Lou, knock it off. 432 00:22:53,289 --> 00:22:56,124 l'd like to speak with you, Bill. Jack. 433 00:22:57,710 --> 00:22:59,127 And Lou. 434 00:23:00,171 --> 00:23:01,254 Separately. 435 00:23:03,090 --> 00:23:04,174 BRETTON: Thirty of our people 436 00:23:04,258 --> 00:23:06,760 have been through the Keller Zabel books for the last three days. 437 00:23:06,844 --> 00:23:10,180 And they still say it's impossible to get to the bottom of this. 438 00:23:10,473 --> 00:23:13,391 This could be a 1 0-billion dollar hole for us. 439 00:23:13,476 --> 00:23:15,894 Or it could be a 200-billion dollar hole 440 00:23:15,978 --> 00:23:17,729 and there's no way we can risk that money 441 00:23:17,813 --> 00:23:19,981 without a backstop from Treasury or the Fed. 442 00:23:20,066 --> 00:23:22,150 You started this, didn't you, Bretton? 443 00:23:22,234 --> 00:23:25,361 l said knock it off, Lou. Or this meeting is over, you hear me? 444 00:23:26,405 --> 00:23:28,573 You're asking us to take a large risk here, Bretton. 445 00:23:28,657 --> 00:23:29,699 What are you offering? 446 00:23:30,034 --> 00:23:33,286 Under these conditions, and assuming 447 00:23:35,206 --> 00:23:37,415 you refine your guarantee, 448 00:23:37,500 --> 00:23:40,752 Jack, Julie and l, and our partners who have been consulted, 449 00:23:42,838 --> 00:23:45,048 are prepared to risk $2 a share. 450 00:23:47,343 --> 00:23:48,676 Two bucks? 451 00:23:49,470 --> 00:23:52,680 (LAUGHS) Jesus. You're out of your mind. 452 00:23:53,182 --> 00:23:56,935 The stock was trading at 79 a month ago! 453 00:23:57,228 --> 00:24:00,772 Our building alone is worth more than two bucks a share. 454 00:24:01,315 --> 00:24:02,273 Julie. 455 00:24:02,358 --> 00:24:05,735 lf only we had more time, Lou. 456 00:24:05,820 --> 00:24:06,945 ZABEL: My board will never accept this. 457 00:24:07,279 --> 00:24:10,073 There is no way l'm gonna sell for two bucks a share. 458 00:24:10,157 --> 00:24:12,784 BlLL: The government, if we guarantee this deal, 459 00:24:12,868 --> 00:24:15,161 could never justify a high price for your company. 460 00:24:15,412 --> 00:24:17,288 And if you don't sell, Lou, you're in bankruptcy. 461 00:24:17,373 --> 00:24:19,916 This is a public spectacle now. 462 00:24:20,000 --> 00:24:24,003 No, it's a public execution, and you'll be leading it, Bill. 463 00:24:24,088 --> 00:24:25,421 l built this company. 464 00:24:25,506 --> 00:24:27,632 And your exit will help restore faith in it. 465 00:24:27,716 --> 00:24:29,968 Who the hell are you to tell me to get out? 466 00:24:30,052 --> 00:24:32,512 You're out, Lou ! One way or the other, you're out. 467 00:24:32,596 --> 00:24:34,639 Then the hell with you ! 468 00:24:35,599 --> 00:24:37,767 l'll take my chances in bankruptcy court 469 00:24:37,852 --> 00:24:39,936 before l sell to that barracuda. 470 00:24:45,484 --> 00:24:47,068 (WHlSTLES) 471 00:24:52,908 --> 00:24:55,743 Then we have nothing more to talk about. 472 00:25:03,460 --> 00:25:04,460 Six. 473 00:25:07,214 --> 00:25:10,008 Three, and that's it. lf l can sell it to the board. 474 00:25:10,092 --> 00:25:11,092 Five. 475 00:25:11,177 --> 00:25:12,343 Three. All right. 476 00:25:12,803 --> 00:25:16,848 We'll call it an even four, so it don't look so goddamn pathetic. 477 00:25:27,860 --> 00:25:28,985 Three. 478 00:25:29,904 --> 00:25:31,321 And not a dime more. 479 00:25:38,412 --> 00:25:39,412 (DOOR SHUTS) 480 00:25:42,041 --> 00:25:43,374 (ALARM BEEPlNG) 481 00:26:18,410 --> 00:26:20,161 (lNDlSTlNCT CHATTER) 482 00:26:42,142 --> 00:26:43,351 (TRAlN APPROACHlNG) 483 00:27:04,498 --> 00:27:05,707 (PEOPLE SCREAMlNG) 484 00:27:12,798 --> 00:27:14,382 MARlA ON TV: We have breaking news right now. 485 00:27:14,466 --> 00:27:17,176 Earlier this morning in a New York City subway, 486 00:27:17,261 --> 00:27:19,137 Keller Zabel managing partner 487 00:27:19,221 --> 00:27:20,263 and head of one of the biggest 488 00:27:20,347 --> 00:27:21,973 investment firms on Wall Street, 489 00:27:22,057 --> 00:27:24,267 Louis ZabeI, 75, 490 00:27:24,351 --> 00:27:26,853 apparently jumped in front of an oncoming train 491 00:27:26,937 --> 00:27:28,771 in front of hundreds of bystanders. 492 00:27:29,189 --> 00:27:31,566 The stock is currently halted, pending news... 493 00:27:31,650 --> 00:27:34,193 Churchill Schwartz is making out like a bandit right now 494 00:27:34,278 --> 00:27:35,320 with government funding. 495 00:27:35,404 --> 00:27:37,322 But Keller Zabel as an independent 496 00:27:37,406 --> 00:27:39,240 investment bank is essentially finished. 497 00:27:39,366 --> 00:27:41,868 BECKY: Tom, this news about Louis Zabel today 498 00:27:41,952 --> 00:27:44,704 comes as a shock to everyone. But how are you holding up there? 499 00:27:44,788 --> 00:27:46,873 TOM: The guy was an icon on Wall Street. 500 00:27:46,957 --> 00:27:49,250 I always thought of him as sort of a mentor to me. 501 00:27:49,335 --> 00:27:52,337 So to see this happen under the circumstances that it did happen, 502 00:27:52,421 --> 00:27:53,629 it's devastating. 503 00:27:53,756 --> 00:27:56,549 What's it mean to the employees at Keller Zabel? 504 00:27:56,800 --> 00:27:59,844 TOM: I think they've lost their leader. They're going to be... 505 00:27:59,928 --> 00:28:02,347 Frankly, financially, a lot of them are gonna be badly hurt. 506 00:28:02,431 --> 00:28:03,931 This is gonna hurt on so many fronts. 507 00:28:04,016 --> 00:28:05,808 BECKY: I know it's still difficult to think about it 508 00:28:05,893 --> 00:28:07,602 with this news just coming out about Louis 509 00:28:07,686 --> 00:28:08,978 but you have to wonder what this means 510 00:28:09,063 --> 00:28:10,271 for the future of Wall Street. 511 00:28:10,397 --> 00:28:14,108 Another firm gone, it leaves very few players left on the Street. 512 00:28:14,401 --> 00:28:15,526 TOM: One thing I know for sure is 513 00:28:15,611 --> 00:28:17,987 more competition is better than less competition. 514 00:28:26,205 --> 00:28:28,289 l just heard. l'm so sorry. 515 00:28:36,340 --> 00:28:38,299 Will you marry me, Winnie? 516 00:28:46,392 --> 00:28:48,226 Will you marry me? 517 00:28:52,189 --> 00:28:53,731 What's wrong? 518 00:28:58,028 --> 00:29:01,072 lt's just something Lou said about not waiting, you know? 519 00:29:01,698 --> 00:29:03,533 And l love you. 520 00:29:09,164 --> 00:29:10,331 Yes. 521 00:29:16,130 --> 00:29:17,296 Yes? 522 00:29:24,638 --> 00:29:28,015 You know, l should tell you due diligence. There's some. . . 523 00:29:28,600 --> 00:29:31,352 l'm out of a job and probably on the other side of broke, you know. 524 00:29:31,770 --> 00:29:33,020 (LAUGHS) 525 00:29:33,856 --> 00:29:35,106 Awesome. 526 00:29:35,190 --> 00:29:36,274 (HOME PLAYlNG) 527 00:29:36,358 --> 00:29:39,193 MAN: (SlNGlNG) I'm looking for a home 528 00:29:39,611 --> 00:29:43,197 Where the wheels are turning 529 00:29:45,325 --> 00:29:48,703 Home Why I keep returning 530 00:29:49,204 --> 00:29:54,959 Home Will infect whatever you do 531 00:29:55,377 --> 00:29:57,462 FEMALE PROFESSOR: In one of the harshest sentences ever given 532 00:29:57,546 --> 00:30:01,382 to a white collar criminaI at that time, in 1 993, 533 00:30:01,467 --> 00:30:05,845 he was sent off to Otis Federal Prison for almost eight years. 534 00:30:06,722 --> 00:30:11,726 And so, here in person, I welcome the man himseIf, Mr. Insider, 535 00:30:11,810 --> 00:30:13,269 Gordon Gekko. 536 00:30:19,568 --> 00:30:20,985 Thank you. 537 00:30:36,418 --> 00:30:38,085 You're all pretty much fucked. 538 00:30:38,670 --> 00:30:39,879 (STUDENTS LAUGHlNG) 539 00:30:41,340 --> 00:30:42,423 You don't know it yet, 540 00:30:44,426 --> 00:30:46,802 but you're the NINJA generation. 541 00:30:47,888 --> 00:30:49,305 No income. 542 00:30:50,182 --> 00:30:51,432 No job. 543 00:30:52,226 --> 00:30:53,518 No assets. 544 00:30:54,394 --> 00:30:56,771 You got a lot to look forward to. 545 00:30:57,022 --> 00:30:58,314 (STUDENTS CHUCKLlNG) 546 00:30:58,774 --> 00:31:01,651 Blood, buddy. He's gonna be your blood. 547 00:31:04,446 --> 00:31:07,281 Someone reminded me the other evening 548 00:31:07,699 --> 00:31:10,535 that I once said, "Greed is good." 549 00:31:12,412 --> 00:31:13,746 Now it seems it's legal. 550 00:31:14,122 --> 00:31:15,498 (STUDENTS LAUGHlNG) 551 00:31:17,626 --> 00:31:19,085 But, foIks, 552 00:31:19,169 --> 00:31:22,046 it's greed that makes my bartender 553 00:31:22,130 --> 00:31:24,006 buy three houses he can't afford 554 00:31:24,091 --> 00:31:25,800 with no money down. 555 00:31:26,301 --> 00:31:29,011 And it's greed that makes your parents 556 00:31:29,137 --> 00:31:33,057 refinance their $200,000 house for 250. 557 00:31:33,976 --> 00:31:36,978 And then they take that extra 50 and they go down to the mall. 558 00:31:37,062 --> 00:31:40,731 And they buy a plasma TV, cell phones, 559 00:31:40,816 --> 00:31:44,110 computers, an SUV. And hey, 560 00:31:44,361 --> 00:31:47,405 why not a second home while we're at it? Because, gee whiz, 561 00:31:47,489 --> 00:31:51,784 we all know that prices of houses in America always go up, right? 562 00:31:52,452 --> 00:31:54,912 It's greed that makes the government in this country 563 00:31:54,997 --> 00:31:58,708 cut the interest rates to one-percent, after 9/1 1 . 564 00:31:59,251 --> 00:32:01,252 So we could all go shopping again. 565 00:32:01,336 --> 00:32:04,922 They got all these fancy names for trillions of dollars of credit. 566 00:32:05,007 --> 00:32:09,051 CMOs, CDOs, SlVs, ABSs. 567 00:32:09,511 --> 00:32:13,180 I honestly think there's may be only 75 people in the world 568 00:32:13,348 --> 00:32:15,057 who know what they are. 569 00:32:15,183 --> 00:32:16,517 (AUDlENCE CLAPPlNG) 570 00:32:17,019 --> 00:32:18,769 But I'll tell you what they are. 571 00:32:18,854 --> 00:32:22,982 They're WMDs. Weapons of Mass Destruction. That's what they are. 572 00:32:23,066 --> 00:32:26,652 When I was away, it seemed like greed got greedier 573 00:32:26,737 --> 00:32:29,322 with a little bit of envy mixed in. 574 00:32:30,574 --> 00:32:35,202 Hedge funders were walking home with 50, 1 00 million bucks a year. 575 00:32:35,746 --> 00:32:37,663 So Mr. Banker, he's Iooks around, 576 00:32:37,748 --> 00:32:40,041 and he says, "My life looks pretty boring." 577 00:32:40,208 --> 00:32:44,920 So he starts leveraging his interests up to 40, 50 to one 578 00:32:45,005 --> 00:32:46,672 with your money. 579 00:32:47,007 --> 00:32:48,758 Not his, yours. 580 00:32:50,218 --> 00:32:51,385 Because he could. 581 00:32:52,054 --> 00:32:54,555 You're supposed to be borrowing, not them. 582 00:32:55,682 --> 00:32:57,642 And the beauty of the deal, 583 00:32:57,726 --> 00:33:00,144 no one is responsible. 584 00:33:01,688 --> 00:33:04,231 Because everybody's drinking the same Kool-Aid. 585 00:33:04,900 --> 00:33:06,609 Last year, ladies and gentlemen, 586 00:33:06,693 --> 00:33:10,404 forty percent of all American corporate profits 587 00:33:10,489 --> 00:33:12,448 came from financial services. 588 00:33:12,741 --> 00:33:13,866 Not production, 589 00:33:13,950 --> 00:33:17,620 not anything remotely to do with the needs of the American public. 590 00:33:17,954 --> 00:33:19,914 The truth is, we're all part of it now. 591 00:33:20,707 --> 00:33:24,710 Banks, consumers, we're moving money around in circles. 592 00:33:25,128 --> 00:33:26,837 We take a buck, 593 00:33:26,922 --> 00:33:30,716 we shoot it fuII of steroids, and we call it "leverage." 594 00:33:32,552 --> 00:33:34,679 I call it "steroid banking." 595 00:33:36,390 --> 00:33:39,141 I've been considered a pretty smart guy when it comes to finance. 596 00:33:39,226 --> 00:33:40,226 That was fantastic, man. 597 00:33:40,519 --> 00:33:42,687 And maybe I was in prison too long. 598 00:33:42,938 --> 00:33:45,523 But sometimes it's the only place to stay sane 599 00:33:45,607 --> 00:33:47,441 and look out through those bars and say, 600 00:33:47,526 --> 00:33:49,985 "Hey! Is everybody out there nuts?" 601 00:33:51,071 --> 00:33:52,279 (STUDENTS APPLAUDlNG) 602 00:33:57,786 --> 00:34:00,579 It's clear as a bell to those that pay attention. 603 00:34:03,083 --> 00:34:06,669 The mother of all evil is speculation. 604 00:34:08,797 --> 00:34:10,673 Leveraged debt. 605 00:34:11,258 --> 00:34:12,466 Bottom line. 606 00:34:13,385 --> 00:34:15,469 It's borrowing to the hilt. 607 00:34:17,264 --> 00:34:19,181 And I hate to tell you this, 608 00:34:19,266 --> 00:34:22,601 but it's a bankrupt business model. It won't work. 609 00:34:23,478 --> 00:34:27,815 It's systemic, malignant, and it's global. 610 00:34:29,067 --> 00:34:30,317 Like cancer. 611 00:34:31,820 --> 00:34:35,322 It's a disease, and we got to fight back. 612 00:34:36,783 --> 00:34:38,576 How are we gonna do that? 613 00:34:39,161 --> 00:34:42,830 How are we gonna leverage that disease back in our favor? 614 00:34:45,000 --> 00:34:46,292 Well, I'll tell you. 615 00:34:47,335 --> 00:34:49,086 Three words. 616 00:34:51,465 --> 00:34:53,382 Buy my book. 617 00:34:53,550 --> 00:34:54,842 (STUDENTS LAUGHlNG) 618 00:34:55,302 --> 00:34:56,552 (STUDENTS CHEERlNG) 619 00:34:58,138 --> 00:35:00,306 Prices and profits work. 620 00:35:03,310 --> 00:35:05,019 GORDON: This is the kind of energy we need out there. 621 00:35:05,103 --> 00:35:06,228 You just keep it up. 622 00:35:06,354 --> 00:35:07,605 Mr. Gekko! 623 00:35:07,689 --> 00:35:08,773 (PEOPLE CLAMORlNG) 624 00:35:08,857 --> 00:35:10,107 Excuse me for a moment, sir. 625 00:35:10,192 --> 00:35:11,859 GORDON: Q and A's over, all right? 626 00:35:12,611 --> 00:35:15,529 Buy the book. There's no more free advice. 627 00:35:15,697 --> 00:35:18,157 My name is Jacob Moore. l'm gonna marry your daughter. 628 00:35:22,913 --> 00:35:24,205 Does she know that? 629 00:35:24,998 --> 00:35:26,373 She pretended to. 630 00:35:28,084 --> 00:35:30,044 All right, l'll give you 1 0 minutes. 631 00:35:30,879 --> 00:35:33,214 l'm a prop trader at Keller Zabel. 632 00:35:33,298 --> 00:35:34,715 l specialize in energy with a focus on. . . 633 00:35:34,800 --> 00:35:36,383 Sorry about Lou. 634 00:35:36,468 --> 00:35:39,053 One of the toughest guys that ever wore shoes. 635 00:35:39,137 --> 00:35:40,513 But when those rumors start. . . 636 00:35:40,597 --> 00:35:42,723 Yeah. l wish l knew who started this. 637 00:35:42,808 --> 00:35:43,891 l loved him very much. 638 00:35:44,142 --> 00:35:45,309 Like a father. 639 00:35:45,393 --> 00:35:46,894 He got me a scholarship here at Fordham 640 00:35:46,978 --> 00:35:48,437 and hired me right out of business school. 641 00:35:48,522 --> 00:35:50,272 Well, no one else in this market's 642 00:35:50,398 --> 00:35:52,608 had the balls to commit suicide. 643 00:35:53,068 --> 00:35:55,152 lt's an honorable thing to do. 644 00:35:57,781 --> 00:35:59,824 Mr. Gekko, l'm in love with your daughter. 645 00:35:59,908 --> 00:36:01,534 And l'd be honored. . . (LAUGHS) 646 00:36:02,410 --> 00:36:04,245 Why is that funny? 647 00:36:04,329 --> 00:36:07,832 My daughter hasn't spoken to me in years, and you know it. 648 00:36:07,916 --> 00:36:10,417 She blames me for her brother's overdose 649 00:36:10,502 --> 00:36:13,587 and just about every other disaster that's hit this world 650 00:36:13,672 --> 00:36:15,381 since Nintendo. 651 00:36:16,299 --> 00:36:17,591 You don't think it's strange that 652 00:36:17,676 --> 00:36:19,593 she's dating somebody from Wall Street? 653 00:36:19,678 --> 00:36:20,719 Why? 654 00:36:20,804 --> 00:36:22,429 Because she hates it. 655 00:36:22,514 --> 00:36:25,266 You don't think it's funny that she'd fall in love with you? 656 00:36:29,020 --> 00:36:30,312 l bet you don't have one of these. 657 00:36:31,147 --> 00:36:33,440 No. Can l see that? 658 00:36:33,608 --> 00:36:34,608 Yeah. 659 00:36:35,610 --> 00:36:37,695 lt's when she was eight. 660 00:36:38,280 --> 00:36:41,615 Can l have a copy of it? She doesn't keep pictures from her childhood. 661 00:36:41,700 --> 00:36:44,952 l don't even know you, you already want something from me, huh? 662 00:36:45,495 --> 00:36:47,580 So what do l get in return? 663 00:36:47,664 --> 00:36:49,957 Don't you want to make a trade? 664 00:36:50,041 --> 00:36:51,876 Yeah, okay. All right. 665 00:36:51,960 --> 00:36:55,045 l'll give you this and you give me another picture of Winnie. 666 00:36:55,130 --> 00:36:57,464 Recent, without you in it. 667 00:36:57,549 --> 00:36:59,216 l don't have one on me. 668 00:36:59,301 --> 00:37:01,218 l guess this is on margin, huh? 669 00:37:04,472 --> 00:37:05,723 (lNDlSTlNCT CHATTER) 670 00:37:05,807 --> 00:37:07,224 JAKE: lt's always been energy. 671 00:37:07,475 --> 00:37:09,268 l've been specializing more and more in clean tech. 672 00:37:09,352 --> 00:37:10,728 lt's sort of a passion now. 673 00:37:10,812 --> 00:37:13,314 That's smart. That's the next bubble. 674 00:37:13,481 --> 00:37:17,026 What are you, some kind of energy freedom-fighter? 675 00:37:17,193 --> 00:37:18,360 No, Mr. Gekko. l'm in this game 676 00:37:18,445 --> 00:37:19,820 to make money like anybody else. 677 00:37:19,905 --> 00:37:21,822 So what about money, Jake? 678 00:37:21,907 --> 00:37:23,115 You like her? 679 00:37:24,034 --> 00:37:25,618 Do l like. . . 680 00:37:25,702 --> 00:37:28,245 l've never thought about money as a "she." 681 00:37:28,455 --> 00:37:29,580 Oh ! 682 00:37:29,664 --> 00:37:32,583 She lies there in bed at night with you, 683 00:37:32,751 --> 00:37:34,752 looking at you, one eye open. 684 00:37:37,923 --> 00:37:40,507 Money's a bitch that never sleeps. 685 00:37:41,217 --> 00:37:42,927 And she's jealous. 686 00:37:43,011 --> 00:37:45,304 And if you don't pay close attention, 687 00:37:45,388 --> 00:37:48,807 you wake up in the morning, and she might be gone forever. 688 00:37:52,520 --> 00:37:54,021 Respectfully, 689 00:37:54,105 --> 00:37:55,189 Mr. Gekko, l don't want to end up 690 00:37:55,315 --> 00:37:56,649 where you are because of money. 691 00:37:56,733 --> 00:37:58,817 Oh, yeah. So marry it instead, right? 692 00:38:02,864 --> 00:38:04,239 What do you mean? 693 00:38:05,325 --> 00:38:06,533 Winnie doesn't have any money. 694 00:38:09,913 --> 00:38:10,913 Right. 695 00:38:11,706 --> 00:38:14,124 Here l thought you were a gold-digger. 696 00:38:15,710 --> 00:38:17,628 Does Winnie know you came to see me? 697 00:38:17,712 --> 00:38:19,046 No. 698 00:38:19,214 --> 00:38:22,549 Well, not exactly. l was gonna tell her. 699 00:38:23,718 --> 00:38:26,470 l don't think that's a good idea, pal. 700 00:38:26,554 --> 00:38:28,806 See, l got a feeling you may want to be seeing me again 701 00:38:28,890 --> 00:38:31,308 and if she knew we had this little pow-wow, 702 00:38:31,393 --> 00:38:32,893 she's not gonna let it happen. 703 00:38:36,439 --> 00:38:38,482 You know what? You're a smart kid. 704 00:38:38,566 --> 00:38:40,818 You should just walk away. You never met me. 705 00:38:40,902 --> 00:38:42,403 l don't understand. 706 00:38:42,570 --> 00:38:43,654 l think. . . 707 00:38:43,863 --> 00:38:45,406 The man that you loved like a father 708 00:38:45,490 --> 00:38:47,282 who threw himself under a subway? 709 00:38:47,367 --> 00:38:49,118 l think you're angrier than you think you are. 710 00:38:49,202 --> 00:38:52,204 And l think you wanna be in the family business. 711 00:38:52,914 --> 00:38:54,331 Which is what? 712 00:38:54,416 --> 00:38:55,624 Payback. 713 00:38:56,292 --> 00:38:58,293 Except l'm not in that business anymore. 714 00:38:58,378 --> 00:39:00,045 Because the one thing l learned in jail 715 00:39:00,130 --> 00:39:03,424 is that money is not the prime asset in life. 716 00:39:03,508 --> 00:39:04,508 Time is. 717 00:39:04,592 --> 00:39:06,093 And your time is just about up. 718 00:39:08,847 --> 00:39:10,681 Winnie needs to get past the pain you caused her. 719 00:39:11,266 --> 00:39:12,474 l caused her? 720 00:39:12,600 --> 00:39:14,685 Look, she wants you back in her life. 721 00:39:14,769 --> 00:39:16,645 She just can't handle it right now. 722 00:39:16,730 --> 00:39:18,689 Okay? Maybe l can help. 723 00:39:18,773 --> 00:39:23,152 Maybe you can, maybe you can. That's what makes the market, Jake. 724 00:39:23,319 --> 00:39:24,987 This is my station. 725 00:39:25,071 --> 00:39:27,322 That is my email address. 726 00:39:36,458 --> 00:39:39,877 By the way, the rumors on Zabel? 727 00:39:39,961 --> 00:39:41,170 Yeah? 728 00:39:41,254 --> 00:39:43,547 lt had to be someone with enough clout to be believed, 729 00:39:43,631 --> 00:39:46,383 somebody who made a fortune shorting the stock. 730 00:39:46,468 --> 00:39:48,427 An axe to grind. 731 00:39:49,179 --> 00:39:53,182 Word has it that Bretton James gutted Zabel at the Fed. 732 00:39:53,349 --> 00:39:56,310 Just stuck that knife right into his stomach. 733 00:40:03,443 --> 00:40:05,110 Check out 2000. 734 00:40:05,195 --> 00:40:06,904 The lnternet bubble. 735 00:40:06,988 --> 00:40:09,323 Churchill Schwartz, they got hosed. 736 00:40:11,659 --> 00:40:14,119 You know there's fortunes to be made. 737 00:40:14,204 --> 00:40:17,706 Hundreds of millions of dollars betting against this bubble. 738 00:40:17,791 --> 00:40:19,249 Just wish l had a million. 739 00:40:26,257 --> 00:40:27,591 AUDREY: lt checks out, baby. 740 00:40:27,926 --> 00:40:32,304 Thirteen banks were approached in 2000 to rescue Churchill Schwartz. 741 00:40:32,472 --> 00:40:34,181 Bretton James' division was over-invested 742 00:40:34,265 --> 00:40:35,933 in the lnternet bubble collapse. 743 00:40:36,851 --> 00:40:39,394 Each bank was going to put up 1 00 million, but Zabel said no. 744 00:40:39,479 --> 00:40:40,813 Churchill Schwartz almost went down 745 00:40:40,897 --> 00:40:42,648 but was backstopped by a conglomerate of nine banks. 746 00:40:42,732 --> 00:40:44,775 Okay, so not only did they survive this, 747 00:40:44,859 --> 00:40:47,945 but they came back and ate our fricking lunch. 748 00:40:48,029 --> 00:40:49,029 Moral hazard. 749 00:40:49,114 --> 00:40:50,781 Unbelievable. The man's a hypocrite. 750 00:40:51,116 --> 00:40:52,282 (PHONE RlNGlNG) 751 00:40:53,034 --> 00:40:54,243 Jacob Moore. 752 00:40:54,327 --> 00:40:55,702 DR. MASTERS: Hey, Jake. Hey, Doc. 753 00:40:56,538 --> 00:40:59,790 l don't know, Jake. We're on hold here. Now they're telling me. . . 754 00:40:59,874 --> 00:41:02,000 Hold on just a second. Hold on just a second. 755 00:41:02,168 --> 00:41:03,377 l'll see you. We'll have drinks. Okay. 756 00:41:03,503 --> 00:41:05,295 lt's not over. All right, Olaf? Thank you. 757 00:41:05,380 --> 00:41:06,421 Go ahead, Doc. 758 00:41:06,506 --> 00:41:09,007 They're telling me we have to cut staff. 759 00:41:09,717 --> 00:41:13,011 We went back to Third Boston, and they turned us down. 760 00:41:13,179 --> 00:41:14,847 And since your firm, um... 761 00:41:15,723 --> 00:41:17,516 JAKE: Listen, l totally understand, okay? 762 00:41:17,600 --> 00:41:20,060 But l think l can keep this thing going with minimal cutbacks. 763 00:41:20,145 --> 00:41:21,228 Look, Jake. 764 00:41:21,646 --> 00:41:24,314 l think we have to have a face-to-face talk with my people, because. . . 765 00:41:24,399 --> 00:41:25,399 l totally agree, Doc. 766 00:41:25,483 --> 00:41:27,651 lt's just that l'm walking into a critical meeting right now. Okay? 767 00:41:27,735 --> 00:41:28,735 (CELL PHONE VlBRATlNG) 768 00:41:28,862 --> 00:41:31,572 But l'll definitely have it on your desk tomorrow a.m. , okay? 769 00:41:31,656 --> 00:41:32,739 Okay. Okay. 770 00:41:33,158 --> 00:41:34,158 Robby, what do you got? 771 00:41:34,242 --> 00:41:36,368 We got movement definitely on Tuesday of that week. 772 00:41:36,452 --> 00:41:38,453 There was some large shorts from money out of the Cayman lslands. 773 00:41:38,538 --> 00:41:39,872 Something called Locust Fund. 774 00:41:40,039 --> 00:41:41,081 Locust Fund. 775 00:41:41,166 --> 00:41:42,207 What else? 776 00:41:42,292 --> 00:41:44,334 Wednesday, they traded another 500,000 shares. 777 00:41:44,419 --> 00:41:45,627 Monday, two million. 778 00:41:45,712 --> 00:41:47,963 Tuesday, one million more. Total of 3.5 million shares. 779 00:41:48,047 --> 00:41:50,215 These guys made some serious money. 780 00:41:51,426 --> 00:41:52,843 Who is that, though? Who is the Locust Fund? 781 00:41:52,927 --> 00:41:55,387 l don't know. And l don't want to find out. lt could be my ass. 782 00:41:55,555 --> 00:41:58,307 lt'll be your ass if l tell your girlfriend about the pumps and heels. 783 00:41:58,391 --> 00:41:59,349 Which girlfriend? 784 00:41:59,434 --> 00:42:01,393 Just find out, all right? l got a hunch. 785 00:42:01,477 --> 00:42:03,270 I hope it's better than your last one. 786 00:42:03,354 --> 00:42:04,980 Do l hear revenge here? 787 00:42:05,064 --> 00:42:07,232 lt's a dish you stick to cold, pal. 788 00:42:07,483 --> 00:42:09,610 l'm about to serve it up hot, Robby. 789 00:42:17,952 --> 00:42:19,661 l told you. Guinea's pulling the plug. 790 00:42:19,746 --> 00:42:22,873 This dictator, Ojukwa, he says Western bankers are greedy. 791 00:42:22,957 --> 00:42:24,666 What else is new? Listen. Okay? 792 00:42:24,751 --> 00:42:27,586 You will not lose on this. Not on this. 793 00:42:27,670 --> 00:42:29,254 Look, if there's one thing l know, it's energy, 794 00:42:29,339 --> 00:42:31,423 and that the Church is gonna get hit on this. 795 00:42:32,091 --> 00:42:33,383 (PEOPLE CHATTERlNG) 796 00:42:35,637 --> 00:42:37,179 ls this true? 797 00:42:37,263 --> 00:42:39,890 Oh, yeah. l'm telling you, it's gonna happen. 798 00:42:39,974 --> 00:42:43,560 He's definitely gonna nationalize the oil. l promise you. 799 00:42:44,020 --> 00:42:45,062 Are you behind it? 800 00:42:45,146 --> 00:42:47,356 No. Churchill Schwartz is. They got a huge stake. 801 00:42:47,440 --> 00:42:50,234 Can't get behind that size, but you and your boys can. 802 00:42:50,318 --> 00:42:51,985 You should. 803 00:42:52,278 --> 00:42:53,528 All l'm asking 804 00:42:53,613 --> 00:42:54,821 is you rent me this beautiful thing 805 00:42:54,906 --> 00:42:56,073 for the weekend, and we're good. 806 00:42:56,157 --> 00:42:57,407 Deal? 807 00:42:59,202 --> 00:43:01,078 Deal. Super deal. 808 00:43:10,255 --> 00:43:11,755 Can he just take over the oil like that? 809 00:43:11,839 --> 00:43:13,757 The guy's out of his mind. He's talking to witch doctors. 810 00:43:13,841 --> 00:43:14,841 He's gonna murder the stock. 811 00:43:14,926 --> 00:43:16,677 l know. That's why you gotta get in. 812 00:43:18,721 --> 00:43:21,682 Jake, that company, Offshore African Oil. . . 813 00:43:21,849 --> 00:43:24,101 Yeah. Hydra Offshore. 814 00:43:24,185 --> 00:43:27,062 And you're saying Churchill Schwartz is a part of it? 815 00:43:27,146 --> 00:43:28,188 Mmm-hmm. 816 00:43:28,898 --> 00:43:32,276 Over here is gonna be the most expensive item by tomorrow. 817 00:43:32,443 --> 00:43:35,112 lt's Alice, in Wonderland. 818 00:43:37,115 --> 00:43:39,658 Churchill Schwartz has a huge position in this thing. 819 00:43:39,742 --> 00:43:40,826 l want to get short that stock. 820 00:43:40,910 --> 00:43:42,327 Churchill Schwartz is behind that? 821 00:43:42,412 --> 00:43:44,121 lt's just a rumor. lt might take a hit. 822 00:43:44,747 --> 00:43:47,916 (SPEAKlNG GERMAN) 823 00:43:48,209 --> 00:43:49,793 Hear about that African deal? 824 00:43:49,961 --> 00:43:51,712 Yeah, l heard they're gonna nationalize. 825 00:43:53,381 --> 00:43:55,841 Churchill Schwartz! Off the floor! 826 00:43:57,135 --> 00:43:59,303 They're creating rumors around the Hydra position. 827 00:43:59,387 --> 00:44:01,638 None of it's true. They're just trying to kill the stock. 828 00:44:01,723 --> 00:44:02,973 MAN 1 : Doesn't make any difference what's going on. 829 00:44:03,057 --> 00:44:05,434 MAN 2: Then start another goddamn rumor is what you do. 830 00:44:05,518 --> 00:44:08,228 MAN 3: ...short quickly and quietly without everyone figuring out... 831 00:44:08,354 --> 00:44:10,689 l'm convinced what they're after is Churchill, 832 00:44:10,773 --> 00:44:12,316 which has a big position in this stock 833 00:44:12,400 --> 00:44:14,568 because Churchill got the sweetheart deal on Keller Zabel. 834 00:44:14,652 --> 00:44:16,486 Churchill Schwartz has a five-percent position in it. 835 00:44:16,571 --> 00:44:18,655 Who knows? Who's got the inside line on 836 00:44:18,740 --> 00:44:20,741 some tin-pot dictator in Africa? 837 00:44:32,253 --> 00:44:33,211 House of pain. 838 00:44:33,296 --> 00:44:34,588 ELECTRONlC VOlCE: The house of pain! 839 00:44:34,756 --> 00:44:37,215 Hydra Offshore got taken to the woodshed today. 840 00:44:37,300 --> 00:44:38,550 (GROWLlNG) 841 00:44:38,634 --> 00:44:41,178 This one's getting beaten like a redhead stepchild. 842 00:44:41,262 --> 00:44:44,431 Down a quick 1 9% on rumors of oil nationalization... 843 00:44:44,599 --> 00:44:46,183 RECORDED VOlCE: No, no! (CRASHlNG) 844 00:44:46,351 --> 00:44:49,394 CRAMER: ...in Equatorial Guinea. There's a country for you. 845 00:44:49,479 --> 00:44:50,520 Get them. 846 00:44:50,605 --> 00:44:51,563 The shockwave from this one 847 00:44:51,647 --> 00:44:55,359 extended all the way to investment bank Churchill Schwartz. 848 00:44:55,443 --> 00:44:58,779 Churchill Schwartz down eight percent in pre-market trading. 849 00:44:59,947 --> 00:45:03,617 FEMALE NEWS ANCHOR: Home builder confidence falls to a record low in July. 850 00:45:03,826 --> 00:45:06,620 The monthly indicator from the National Association of Homebuilders 851 00:45:06,704 --> 00:45:08,705 dropped for a third consecutive month... 852 00:45:08,790 --> 00:45:10,457 SYLVlA: You got your high ceilings. 853 00:45:11,000 --> 00:45:14,544 Bonus playroom upstairs, not that l'm rushing you. 854 00:45:16,172 --> 00:45:17,381 Oh. Here. 855 00:45:17,965 --> 00:45:21,885 This is going to be the sun room. Perfect for reading. 856 00:45:21,969 --> 00:45:23,470 (EXCLAlMS) lt'll get great light. 857 00:45:23,930 --> 00:45:26,223 And there's plenty of room for a pool 858 00:45:26,307 --> 00:45:28,308 or a tennis court. See? 859 00:45:29,227 --> 00:45:32,187 What's going on with Rainwater Road, Ma? 860 00:45:32,480 --> 00:45:33,730 l'm showing it tomorrow. 861 00:45:33,815 --> 00:45:35,148 Yeah? Yeah. 862 00:45:36,150 --> 00:45:37,567 Sylvia, l think it's lovely. 863 00:45:37,652 --> 00:45:39,736 Long lsland always goes up. 864 00:45:39,821 --> 00:45:42,739 Great schools, great shopping, lots of doctors. 865 00:45:42,824 --> 00:45:44,658 Everybody loves it here. 866 00:45:45,576 --> 00:45:46,827 You ought to buy it. 867 00:45:47,495 --> 00:45:48,495 (LAUGHS) 868 00:45:48,579 --> 00:45:50,831 There are quite a few choices on this block. 869 00:45:52,500 --> 00:45:56,294 That's what l love about you, dear. You call it like you see it. 870 00:45:56,379 --> 00:45:58,713 l'd rather have this down payment any day. 871 00:46:01,092 --> 00:46:02,217 JAKE: Ma, you got three properties. 872 00:46:02,677 --> 00:46:03,969 Two of the loans are resetting in a few months. 873 00:46:04,053 --> 00:46:05,345 You got to sell at least one. 874 00:46:06,013 --> 00:46:07,889 Oh, don't tell me my job, Jacob. 875 00:46:07,974 --> 00:46:10,267 There are no buyers out there right now. 876 00:46:10,351 --> 00:46:12,436 The market's soft. Everybody reads the same news. 877 00:46:12,520 --> 00:46:14,187 l just gotta wait it out. 878 00:46:14,272 --> 00:46:16,565 lt's like the two Florida properties five years ago. 879 00:46:16,649 --> 00:46:20,485 l didn't get spooked, and l flipped 1 90 grand from them. 880 00:46:23,030 --> 00:46:24,156 What does Henry say? 881 00:46:24,240 --> 00:46:25,657 Oh, Henry. Forget about him. He's a wimp. 882 00:46:25,741 --> 00:46:26,908 That's done? 883 00:46:27,118 --> 00:46:31,955 SYLVlA: Oh, if l listened to Henry, l would have sold every house way too soon. 884 00:46:32,039 --> 00:46:33,999 He's just like your father was. 885 00:46:34,083 --> 00:46:35,375 No. Dad had bad luck. 886 00:46:35,460 --> 00:46:37,294 He took a shot and he failed. But he took a shot, Ma. 887 00:46:37,378 --> 00:46:39,713 Yeah, and then Jack Daniels took his shot, and he succeeded. 888 00:46:39,797 --> 00:46:41,256 Can we not have an argument about my father 889 00:46:41,340 --> 00:46:42,382 every time l come to see you? 890 00:46:42,467 --> 00:46:45,093 So sensitive. Forget l said anything. 891 00:46:45,428 --> 00:46:49,598 God. Defending your father is like defending smallpox. 892 00:46:49,765 --> 00:46:50,891 Look. 893 00:46:52,393 --> 00:46:56,980 The developers are on my ass, okay? l just need you to bridge me. 894 00:46:57,732 --> 00:46:59,316 What about the money from Sagamir Road? 895 00:46:59,400 --> 00:47:02,235 What do you think? l put it into the new properties. 896 00:47:02,320 --> 00:47:04,738 What did you think, it was just gonna shoot up in perpetuity? 897 00:47:04,822 --> 00:47:07,199 Don't patronize your mother, Jacob Lawrence. 898 00:47:07,283 --> 00:47:09,159 Of course l know the risks involved. 899 00:47:09,243 --> 00:47:12,329 Hey, you're buying diamonds. You got the bonus, right? 900 00:47:12,413 --> 00:47:14,206 l remember visiting you when l was young 901 00:47:14,290 --> 00:47:16,041 at the hospital after school, thinking, 902 00:47:16,125 --> 00:47:18,543 "How cool is this? My mother is saving lives." 903 00:47:18,628 --> 00:47:20,670 Don't change the subject. l'm not changing the subject. 904 00:47:20,755 --> 00:47:22,297 l never saved any lives. 905 00:47:22,381 --> 00:47:24,341 Yeah, but you did something, and that's the point, Mom. 906 00:47:24,425 --> 00:47:28,178 l make more in a month now than l did in my best year as a nurse. 907 00:47:28,262 --> 00:47:29,846 You made a difference. 908 00:47:30,932 --> 00:47:33,850 Listen to the broker preaching making a difference. 909 00:47:34,018 --> 00:47:35,519 That's ironic. 910 00:47:36,771 --> 00:47:38,104 How much? 911 00:47:39,815 --> 00:47:41,650 Two hundred, tops. 912 00:47:41,859 --> 00:47:43,026 (EXCLAlMS) 913 00:47:43,444 --> 00:47:45,278 You're killing me, Ma! 914 00:47:48,616 --> 00:47:50,450 l'll wire it to you. 915 00:47:53,663 --> 00:47:55,247 Can you stop, please? 916 00:47:56,332 --> 00:47:57,624 WlNNlE: You're not doing her any favors. 917 00:47:57,917 --> 00:47:59,417 l know. 918 00:47:59,835 --> 00:48:03,129 And you're not preventing it from happening again. 919 00:48:06,968 --> 00:48:08,385 l'll shut up. 920 00:48:08,553 --> 00:48:11,388 (THE GOOD, THE BAD, AND THE UGLY THEME RlNGTONE PLAYlNG) 921 00:48:11,472 --> 00:48:13,139 Yeah? AUDREY ON PHONE: Guess what? 922 00:48:13,558 --> 00:48:14,599 Your boy, Bretton James? 923 00:48:14,684 --> 00:48:17,727 His assistant just called me and asked if you can see him today. 924 00:48:17,812 --> 00:48:18,812 You're kidding me. 925 00:48:19,605 --> 00:48:22,107 Jake, you have an hour. l told him you were on the island. 926 00:48:22,191 --> 00:48:24,025 Yeah, but l'm in the middle of Friday afternoon traffic. 927 00:48:24,110 --> 00:48:25,902 But he said after hours is okay, 928 00:48:25,987 --> 00:48:27,988 because he left his home address. 929 00:48:28,072 --> 00:48:30,824 East 65th Street and Park Avenue, honey. Up to 8 p.m. 930 00:48:30,908 --> 00:48:31,950 Did he sound upset? 931 00:48:32,034 --> 00:48:33,910 Screw him, he destroyed this company. 932 00:48:33,995 --> 00:48:36,621 You waltz in there like Russell Crowe in Gladiator. 933 00:48:36,706 --> 00:48:37,914 Thanks, babe. 934 00:48:39,333 --> 00:48:42,043 Sounds like you're getting your walking papers. 935 00:48:44,714 --> 00:48:47,090 Jake, look, l don't need this ring now. 936 00:48:47,174 --> 00:48:49,050 Just give me one out of a Cracker Jack box instead. . . 937 00:48:49,135 --> 00:48:50,594 What are you talking about? 938 00:48:50,678 --> 00:48:52,345 Are you crazy? Everything's gonna be fine. 939 00:48:52,430 --> 00:48:54,931 Jake, l grew up with a father who only talked about money. 940 00:48:55,016 --> 00:48:56,141 lf you think l want to be with the kind of guy 941 00:48:56,225 --> 00:48:57,934 with his ego invested in his bank account, 942 00:48:58,019 --> 00:48:59,019 you really don't get me. 943 00:49:02,857 --> 00:49:04,608 "l love it," was what l was expecting. 944 00:49:06,277 --> 00:49:07,777 Return it. lt makes me uncomfortable. 945 00:49:07,862 --> 00:49:09,654 Okay, Winnie. l'll return it. 946 00:49:24,712 --> 00:49:26,046 Jacob Moore to see Mr. James. 947 00:49:26,547 --> 00:49:28,048 He's expecting you. 948 00:49:30,593 --> 00:49:31,885 (PlANO PLAYlNG) 949 00:49:55,993 --> 00:49:58,453 BRETTON: Saturno Devorando A Su Hijo. 950 00:49:59,288 --> 00:50:02,165 Goya painted 1 5 Black Paintings late in his life. 951 00:50:02,249 --> 00:50:04,542 Fourteen of them are on view in the Prado. 952 00:50:04,627 --> 00:50:06,836 That's the missing 1 5th. 953 00:50:06,921 --> 00:50:10,256 An early sketch for Saturn devouring his son. 954 00:50:14,470 --> 00:50:16,012 Do you collect? 955 00:50:16,097 --> 00:50:17,347 No. 956 00:50:17,431 --> 00:50:20,350 Only the obsessive-compulsive and the insecurely egotistical 957 00:50:20,434 --> 00:50:22,143 feel the need to collect things. 958 00:50:28,776 --> 00:50:30,276 Do you ride? 959 00:50:32,613 --> 00:50:34,698 lt's an avocation, yes. 960 00:50:34,865 --> 00:50:36,700 You know the photograph. 961 00:50:36,784 --> 00:50:39,494 Rollie Free, 1 948. 962 00:50:39,578 --> 00:50:41,746 He set the world record at 1 50. 963 00:50:41,831 --> 00:50:44,374 And wanted it so bad he rode naked. 964 00:50:44,959 --> 00:50:47,168 Why, you ride, Mr. Moore? 965 00:50:50,715 --> 00:50:52,048 l'll put it to you this way. 966 00:50:52,133 --> 00:50:54,467 lf you rode the rest of your life, right, 967 00:50:54,552 --> 00:50:56,803 and really became the best that you could be, 968 00:50:56,887 --> 00:50:58,304 you would never ride like l ride. 969 00:50:59,140 --> 00:51:00,181 (LAUGHlNG) 970 00:51:00,683 --> 00:51:03,518 Well, then l look forward to us riding together. 971 00:51:08,816 --> 00:51:11,151 You a bee, Mr. Moore? 972 00:51:15,322 --> 00:51:16,322 A what? 973 00:51:18,159 --> 00:51:21,035 Do you like to sting people? 974 00:51:23,372 --> 00:51:27,876 You cost Churchill Schwartz $1 20 million last week. 975 00:51:29,545 --> 00:51:31,755 That's not a great deal of money. 976 00:51:31,839 --> 00:51:35,216 But people know Hydra Offshore is ours. 977 00:51:41,432 --> 00:51:46,436 l had dinner with the good Commander Ojukwa in Paris last week. 978 00:51:46,520 --> 00:51:50,857 He has no actual plans of nationalizing any oil fields. 979 00:51:51,025 --> 00:51:53,067 But l guess that doesn't really matter to you. 980 00:51:53,903 --> 00:51:56,196 No, it doesn't. 981 00:51:56,280 --> 00:51:58,281 l checked you out with the desks in town. 982 00:51:58,365 --> 00:52:00,366 You didn't make any money off it. 983 00:52:00,451 --> 00:52:02,035 No, l didn't. 984 00:52:02,870 --> 00:52:04,537 Then why? 985 00:52:06,290 --> 00:52:08,124 Because you destroyed my firm. 986 00:52:08,209 --> 00:52:09,292 Your firm destroyed itself. 987 00:52:09,376 --> 00:52:10,710 You killed Louis Zabel. 988 00:52:11,962 --> 00:52:13,296 Louis Zabel killed himself. 989 00:52:13,380 --> 00:52:14,464 But you set the rumors. 990 00:52:14,548 --> 00:52:15,548 The rumors were true. 991 00:52:16,634 --> 00:52:17,801 You made them true. 992 00:52:18,385 --> 00:52:19,552 No, Mr. Moore. 993 00:52:19,678 --> 00:52:23,973 Putting 50% leverage on toxic debt made them true. 994 00:52:24,058 --> 00:52:26,726 Look, Zabel once knew how to run money. 995 00:52:26,811 --> 00:52:28,812 Dying because of it was his choice. 996 00:52:28,896 --> 00:52:31,606 As far as l'm concerned, it's just money. 997 00:52:31,690 --> 00:52:34,192 But when you don't know what you're doing, 998 00:52:34,276 --> 00:52:36,152 it's fatal, Mr. Moore. 999 00:52:36,237 --> 00:52:38,446 Not knowing what you're doing. 1000 00:52:44,954 --> 00:52:46,788 Come work for me. 1001 00:52:48,040 --> 00:52:49,332 What? 1002 00:52:49,416 --> 00:52:52,335 We fund most of the world's integrated oil companies, 1003 00:52:52,419 --> 00:52:55,171 drillers, coal producers, natural gas line providers. . . 1004 00:52:55,256 --> 00:52:56,840 l know who you are. 1005 00:52:56,924 --> 00:52:58,758 But where we're a little light 1006 00:52:59,802 --> 00:53:02,428 is in alternative energy. 1007 00:53:04,890 --> 00:53:06,224 Why me? 1008 00:53:06,642 --> 00:53:08,560 Because your loyalty demanded revenge. 1009 00:53:08,644 --> 00:53:12,355 Your balls actually attempted it, and your skill pulled it off. 1010 00:53:13,399 --> 00:53:14,732 And frankly, 1011 00:53:16,193 --> 00:53:19,529 because l'd love to beat the crap out of you on a bike. 1012 00:53:19,613 --> 00:53:21,030 Fair enough? 1013 00:53:23,075 --> 00:53:26,870 You got my attention, Mr. Moore. That's pretty rare. 1014 00:53:27,288 --> 00:53:30,874 lf l were you, l'd think seriously about it. 1015 00:53:30,958 --> 00:53:33,418 Because you'll have a hard time elsewhere, 1016 00:53:33,502 --> 00:53:35,962 now that you've captured our attention. 1017 00:53:36,797 --> 00:53:40,008 Now, if you'll excuse me, l'm having a little fundraiser. 1018 00:53:41,135 --> 00:53:43,887 l got to get back to shaking my tin cup. 1019 00:53:44,638 --> 00:53:46,222 What's your number? 1020 00:53:46,307 --> 00:53:47,640 l'm sorry? 1021 00:53:47,808 --> 00:53:50,768 We'd start you at 300, like everybody else. 1022 00:53:50,853 --> 00:53:53,271 l mean, as a partner, l only pull in 600. And the bonuses. . . 1023 00:53:53,355 --> 00:53:54,814 No, no, no. 1024 00:53:55,107 --> 00:53:56,399 Your number. 1025 00:53:56,942 --> 00:53:58,192 The amount of money you would need 1026 00:53:58,277 --> 00:54:00,653 to just walk away from it and live. 1027 00:54:00,738 --> 00:54:02,071 See, l find that everybody has a number, 1028 00:54:02,156 --> 00:54:03,406 and it's usually an exact number. 1029 00:54:03,490 --> 00:54:05,491 So what is yours? 1030 00:54:09,622 --> 00:54:10,997 More. 1031 00:54:29,725 --> 00:54:32,018 How did you know it was Bretton James? 1032 00:54:32,102 --> 00:54:34,354 Good morning to you, too. Come in. 1033 00:54:34,438 --> 00:54:35,939 Good morning. You hungry? 1034 00:54:36,023 --> 00:54:37,607 No. l'm okay, thanks. 1035 00:54:41,070 --> 00:54:43,112 GORDON: Brett, as l called him in the old days, 1036 00:54:43,197 --> 00:54:44,322 used to run trades through me. 1037 00:54:44,406 --> 00:54:47,533 We used to piggyback off each other's ideas. 1038 00:54:47,952 --> 00:54:49,619 Then we had a little discrepancy. 1039 00:54:49,703 --> 00:54:51,955 l won't bother you with the details. 1040 00:54:52,039 --> 00:54:55,458 Just to tell you that it cost me 200,000 bucks, 1041 00:54:55,542 --> 00:54:57,794 which was a lot of money back then. 1042 00:54:57,878 --> 00:54:59,379 So when l got hot in the '80s, 1043 00:54:59,463 --> 00:55:02,048 and l started giving tastes to my friends, 1044 00:55:02,132 --> 00:55:06,177 l didn't invite James in, and he didn't like that very much. 1045 00:55:06,345 --> 00:55:07,804 So? 1046 00:55:08,472 --> 00:55:11,099 GORDON: So it's no big deal. 1047 00:55:11,767 --> 00:55:15,478 But when you're in prison, you got a lot of time to think. 1048 00:55:17,898 --> 00:55:22,235 ln fact, the best memory that l know is hurt. 1049 00:55:22,945 --> 00:55:25,863 l did eight years, pal. Five years before that in court. 1050 00:55:25,948 --> 00:55:29,993 Nobody does eight years. They give murderers five. 1051 00:55:30,911 --> 00:55:34,247 l thought it was the kid with the airline that gave you up. 1052 00:55:34,331 --> 00:55:36,708 Blue Star? Stock Watch? What was it? 1053 00:55:36,792 --> 00:55:38,334 Who, Bud Fox? Bud Fox. 1054 00:55:38,419 --> 00:55:39,919 No, no, no. He got a wire on him. 1055 00:55:40,004 --> 00:55:41,504 He got me for insider trading. 1056 00:55:41,588 --> 00:55:44,257 But that's 1 2, 1 3 months, max. 1057 00:55:44,341 --> 00:55:45,717 After the first charges, 1058 00:55:45,801 --> 00:55:49,345 it was one of my co-conspirators who tipped off the Feds. 1059 00:55:50,848 --> 00:55:53,850 And that pious piranha, Bretton James, 1060 00:55:53,934 --> 00:55:56,936 he had just enough information to sink me. 1061 00:55:57,021 --> 00:55:59,647 You know, of course, l'm never going to know it for sure. 1062 00:56:00,649 --> 00:56:02,442 He offered me a job. 1063 00:56:06,113 --> 00:56:10,742 Well, you just rocketed into the center of the universe, pal. 1064 00:56:10,826 --> 00:56:14,620 l think my daughter's future is looking a hell of a lot better. 1065 00:56:14,997 --> 00:56:16,914 l never made any money shorting Hydra. 1066 00:56:17,958 --> 00:56:19,292 You're kidding me. You didn't trade it? 1067 00:56:19,668 --> 00:56:22,420 That would've been insider trading, Mr. Gekko. 1068 00:56:23,088 --> 00:56:24,505 Remember, your daughter and l are engaged. 1069 00:56:24,590 --> 00:56:26,507 You wouldn't want to soil her name, right? 1070 00:56:26,592 --> 00:56:28,509 Well, you may not have traded, 1071 00:56:28,594 --> 00:56:31,721 but you try telling the Feds you didn't commit a felony. 1072 00:56:31,805 --> 00:56:32,847 What do you mean? 1073 00:56:32,931 --> 00:56:34,348 You know exactly what l mean. 1074 00:56:34,433 --> 00:56:39,187 You induced others to trade on information that you knew to be false. 1075 00:56:44,651 --> 00:56:47,111 Hard to prove that. 1076 00:56:49,364 --> 00:56:53,701 A fisherman always sees another fisherman from afar. 1077 00:56:57,164 --> 00:57:00,625 l think you ought to start calling me Gordon. 1078 00:57:00,793 --> 00:57:03,169 Well, l promised you this, 1079 00:57:03,670 --> 00:57:05,296 Gordon. 1080 00:57:05,464 --> 00:57:06,464 Makes us even. 1081 00:57:07,591 --> 00:57:08,591 There she is. 1082 00:57:08,675 --> 00:57:10,301 But keep this between us, though. 1083 00:57:10,385 --> 00:57:11,511 (EXHALES) 1084 00:57:12,304 --> 00:57:14,180 How is that lefty website of hers doing? 1085 00:57:14,264 --> 00:57:15,681 Frozen Truth? Yeah. 1086 00:57:15,766 --> 00:57:18,768 lt's doing well, actually. They get about 50,000 hits a day. 1087 00:57:18,852 --> 00:57:20,353 lt's building. Mmm. 1088 00:57:20,646 --> 00:57:21,687 (LAUGHS) 1089 00:57:21,980 --> 00:57:24,023 She was such a pisser. 1090 00:57:24,858 --> 00:57:28,277 Relationships, they're like bubbles. 1091 00:57:28,362 --> 00:57:31,197 They're fragile. lt's like these tulips. 1092 00:57:31,782 --> 00:57:34,784 This is the greatest bubble story of all time. 1093 00:57:34,868 --> 00:57:37,995 Back in the 1 600s, the Dutch, they get speculation fever 1094 00:57:38,080 --> 00:57:40,039 to the point that you could buy 1095 00:57:40,165 --> 00:57:42,625 a beautiful house on a canal in Amsterdam, 1096 00:57:42,709 --> 00:57:45,711 for the price of one bulb. 1097 00:57:46,547 --> 00:57:48,881 They called it "Tulip Mania." 1098 00:57:49,049 --> 00:57:50,424 Then it collapsed. 1099 00:57:50,509 --> 00:57:52,218 You could buy 1 0 bulbs for $2. 1100 00:57:52,302 --> 00:57:55,555 People got wiped out, but, you know, who remembers? 1101 00:57:56,390 --> 00:57:57,807 What would you do with your money? 1102 00:57:58,475 --> 00:58:00,810 Me? Switzerland. Still the best. 1103 00:58:01,061 --> 00:58:04,147 Got a healthy distrust for a big government. 1104 00:58:04,231 --> 00:58:06,649 ls that where you keep it? 1105 00:58:06,733 --> 00:58:10,319 Yes, l did. Now l don't got that kind of cash anymore. 1106 00:58:12,656 --> 00:58:14,073 But you do have money. 1107 00:58:16,660 --> 00:58:18,286 This is a rental. 1108 00:58:20,247 --> 00:58:21,747 l'm pretty sure James has invested 1109 00:58:21,832 --> 00:58:24,083 in an offshore fund in the Caymans. 1110 00:58:24,168 --> 00:58:25,960 Your time, you ever do anything 1111 00:58:26,044 --> 00:58:27,753 with some company called Locust Fund? 1112 00:58:27,838 --> 00:58:31,507 Locust Fund. l never heard of it, but it's possible. Yeah. 1113 00:58:31,592 --> 00:58:34,010 James wants to build his alternative energy sector. 1114 00:58:34,094 --> 00:58:35,178 Sounds serious. 1115 00:58:35,262 --> 00:58:36,762 l think l can get him to put real capital 1116 00:58:36,847 --> 00:58:38,306 behind this company l told you about. 1117 00:58:38,515 --> 00:58:40,099 United Fusion. 1118 00:58:40,184 --> 00:58:43,603 James would probably want to polish his resume a little green. 1119 00:58:43,687 --> 00:58:45,146 He's in pole position to be top dog 1120 00:58:45,272 --> 00:58:47,023 when Julie Steinhardt kicks the bucket, 1121 00:58:47,107 --> 00:58:49,150 which, l hear, could be any day now. 1122 00:58:49,234 --> 00:58:52,361 This company could change not just the energy market, Gordon, but the world. 1123 00:58:52,529 --> 00:58:55,364 ldealism. ldealism, pal, it kills every deal. 1124 00:58:55,449 --> 00:58:57,867 The thing you got to know about James is, he's a gambler. 1125 00:58:57,951 --> 00:58:59,035 You know, like me. 1126 00:58:59,119 --> 00:59:03,247 He's got an ego the size of Antarctica. (LAUGHS) Like me. 1127 00:59:04,208 --> 00:59:06,083 So now you got his attention. 1128 00:59:06,168 --> 00:59:07,877 How are you going to shine sitting on his sun? 1129 00:59:10,547 --> 00:59:13,299 Make him money and melt his ass. 1130 00:59:14,468 --> 00:59:18,804 Just like the old days. We slaughtered men for payback. 1131 00:59:21,141 --> 00:59:24,310 Maybe it's time for us to do our second trade? 1132 00:59:26,146 --> 00:59:29,023 All right. l'll dig around on James and this Locust Fund, 1133 00:59:29,107 --> 00:59:30,733 and you see what you can do about 1134 00:59:30,817 --> 00:59:32,693 getting Winnie and me back together again. 1135 00:59:32,778 --> 00:59:36,322 Well, l never guaranteed she'd forgive you, Gordon. 1136 00:59:36,406 --> 00:59:39,867 Why don't we just start with her agreeing to have dinner with you first, huh? 1137 00:59:39,952 --> 00:59:43,788 Well, at my age, l'll take anything l can get. 1138 00:59:46,541 --> 00:59:48,709 l had two beautiful children. 1139 00:59:50,212 --> 00:59:53,881 And then l went away, and l didn't see them much. 1140 00:59:55,008 --> 00:59:57,009 My ex made sure of that. 1141 00:59:59,221 --> 01:00:01,055 And then when we lost Rudy, 1142 01:00:03,684 --> 01:00:06,644 Winnie just shut down on me. 1143 01:00:14,319 --> 01:00:15,403 (SlGHS) 1144 01:00:16,738 --> 01:00:20,116 Except for the exceedingly precious 1145 01:00:20,200 --> 01:00:22,618 and depreciating asset of time. 1146 01:00:22,911 --> 01:00:25,454 Winnie's all l got left. You understand that? 1147 01:00:25,539 --> 01:00:27,832 l'll try, Gordon. 1148 01:00:28,417 --> 01:00:32,878 Well, try harder. Then you both can have a father. 1149 01:00:36,258 --> 01:00:37,967 (THUNDER CRASHlNG) 1150 01:00:45,392 --> 01:00:47,310 He chose this place? Yeah. 1151 01:00:47,394 --> 01:00:50,313 Yeah, we used to come here every Sunday night. 1152 01:00:50,397 --> 01:00:52,023 You're going to be fine. 1153 01:00:52,107 --> 01:00:54,400 You do know l'm never having sex with you again. 1154 01:00:54,568 --> 01:00:59,030 (LAUGHS) Then what my friends say about marriage is actually true. Five back. 1155 01:00:59,114 --> 01:01:00,406 l'm only doing this for you. 1156 01:01:00,490 --> 01:01:02,658 No, baby. You're doing this for you. Come on. 1157 01:01:02,993 --> 01:01:04,452 MAN: Taxi ! 1158 01:01:06,788 --> 01:01:08,956 (PEOPLE CHATTERlNG) 1159 01:01:20,135 --> 01:01:21,385 Hi. 1160 01:01:22,554 --> 01:01:23,554 Hey. 1161 01:01:24,348 --> 01:01:25,389 JAKE: Mr. Gekko. 1162 01:01:25,474 --> 01:01:27,933 Jacob Moore. We spoke on the phone. 1163 01:01:28,226 --> 01:01:29,268 Yeah. 1164 01:01:35,776 --> 01:01:36,984 JAKE: Okay. 1165 01:01:41,615 --> 01:01:42,615 Drinks? 1166 01:01:44,284 --> 01:01:45,284 No. 1167 01:01:45,619 --> 01:01:47,286 What about you? Heineken? 1168 01:01:47,371 --> 01:01:48,579 Yeah, sure. 1169 01:01:57,297 --> 01:02:01,133 Let me guess. The ginger-garlic lobster. 1170 01:02:03,804 --> 01:02:05,971 l used to order that every time. 1171 01:02:06,640 --> 01:02:07,973 l guess so. 1172 01:02:11,144 --> 01:02:14,647 l checked out that website. 1173 01:02:14,815 --> 01:02:17,024 Frozen Truth. lt's impressive. 1174 01:02:17,109 --> 01:02:19,902 Thanks. We work hard at it. 1175 01:02:19,986 --> 01:02:23,030 Although, there was a bullshit blog 1176 01:02:23,115 --> 01:02:24,865 blaming the current administration 1177 01:02:24,950 --> 01:02:26,617 for the entire mess that we're in. 1178 01:02:26,701 --> 01:02:28,244 l don't think that's the truth. 1179 01:02:28,328 --> 01:02:29,453 l agree with you. 1180 01:02:29,579 --> 01:02:30,579 You do? 1181 01:02:30,664 --> 01:02:31,705 Yeah. Jack Salmon wrote it. . . 1182 01:02:31,832 --> 01:02:32,832 Graydy. 1183 01:02:32,916 --> 01:02:35,084 Congratulations. Great to see you. 1184 01:02:35,168 --> 01:02:36,544 You're doing great work down there. 1185 01:02:36,920 --> 01:02:39,463 Um. Thank you. Thank you so much. Gordon. Gordon Gekko. 1186 01:02:39,548 --> 01:02:41,048 Nice to see you. Thanks so much. 1187 01:03:02,571 --> 01:03:04,447 l'm sorry. l can't do this. 1188 01:03:17,794 --> 01:03:19,003 Winnie! 1189 01:03:20,881 --> 01:03:22,214 Why did you make me do that, Jake? 1190 01:03:22,299 --> 01:03:23,966 You don't understand. This is none of your business. 1191 01:03:24,050 --> 01:03:25,468 lt is my business. Stop for a second. 1192 01:03:25,552 --> 01:03:26,635 Look at the real man in there. 1193 01:03:26,720 --> 01:03:28,637 He's hurting. He's desperate to get you back in his life. 1194 01:03:28,722 --> 01:03:30,639 He's not who you think he is, Jake! 1195 01:03:30,724 --> 01:03:33,476 People change. lt was a long time ago. Winnie. 1196 01:03:37,397 --> 01:03:39,231 He'll hurt us. 1197 01:03:40,650 --> 01:03:42,651 Don't go back in there. 1198 01:03:51,203 --> 01:03:53,078 JAKE: Are we really going to lead with this Babaco Solar? 1199 01:03:53,622 --> 01:03:56,707 lt's a hustle, Bretton. l passed on it twice within the last two years. 1200 01:03:56,791 --> 01:03:58,250 They spin a sexy story 1201 01:03:58,335 --> 01:04:00,336 with these super-thin cadmium telluride semiconductors, 1202 01:04:00,420 --> 01:04:02,129 but the truth is, the technology is not proprietary. . . 1203 01:04:02,214 --> 01:04:04,673 We've been over this, Bretton. You are unbelievable, Moore. 1204 01:04:04,758 --> 01:04:06,467 Babaco is a cow. lt's dead in the water. 1205 01:04:06,551 --> 01:04:08,302 The Chinese aren't stupid. They're not going to go for it. 1206 01:04:08,386 --> 01:04:09,345 Yeah, a cash cow maybe. 1207 01:04:09,429 --> 01:04:11,597 They've been saying fusion is five years away for the last 40 years. 1208 01:04:11,681 --> 01:04:12,848 lt is. Laser fusion is the future. 1209 01:04:12,933 --> 01:04:14,183 Can you prove that, boy genius? 1210 01:04:14,267 --> 01:04:15,434 Can you prove evolution, girl genius? 1211 01:04:15,519 --> 01:04:16,685 That seems to work, though, right? 1212 01:04:16,770 --> 01:04:18,354 Look, knock it off. Both of you. 1213 01:04:18,438 --> 01:04:20,397 These guys are parking 1 5 billion across the board 1214 01:04:20,482 --> 01:04:21,524 in energy sectors 1215 01:04:21,608 --> 01:04:23,651 and l want them here, okay? 1216 01:04:23,735 --> 01:04:25,069 Carol's taking the lead on this. 1217 01:04:25,153 --> 01:04:28,155 Our recommend is Babaco. That's final. 1218 01:04:31,785 --> 01:04:33,369 Go ahead. l'll take you to dinner some other time. 1219 01:04:33,453 --> 01:04:34,995 Oh, eat me, Moore. 1220 01:04:35,747 --> 01:04:38,457 CAROL: Babaco is at the forefront of developing thin film technology 1221 01:04:38,542 --> 01:04:41,877 to incorporate solar cells into pliable plastic sheets. 1222 01:04:41,962 --> 01:04:45,422 We believe that within the next few years we can approach the 20% level 1223 01:04:45,507 --> 01:04:49,051 making it a perfect match for the explosion of growth and energy needs, 1224 01:04:49,135 --> 01:04:51,512 which, as you know, is growing at 40%. 1225 01:04:52,639 --> 01:04:55,057 Thin film technology is the breakthrough here. 1226 01:04:55,725 --> 01:04:57,851 And in 201 0, 1227 01:04:58,144 --> 01:05:01,230 thin film is going to surpass crystalline silicon. 1228 01:05:01,565 --> 01:05:02,982 And that's about it. 1229 01:05:06,152 --> 01:05:07,194 Go ahead. 1230 01:05:07,279 --> 01:05:08,654 So, with the world energy demand 1231 01:05:08,738 --> 01:05:11,407 growing 40% in the next 20 years, 1232 01:05:11,491 --> 01:05:13,492 we at Church believe, Mr. Xu, 1233 01:05:13,577 --> 01:05:16,912 that Babaco Solar is a cutting-edge no-brainer. 1234 01:05:17,497 --> 01:05:19,999 Good for a 20% return in the next two years 1235 01:05:20,083 --> 01:05:23,168 with a 30 to 40% upside in the next five years. 1236 01:05:23,878 --> 01:05:25,963 Thank you, Miss Carol. 1237 01:05:26,047 --> 01:05:30,801 Solar will make an important part of our portfolio. 1238 01:05:31,094 --> 01:05:36,098 But truthfully, we have seen similar technology from another firm. 1239 01:05:36,725 --> 01:05:39,393 As you know, China's demand 1240 01:05:39,477 --> 01:05:43,355 will more than double before my daughter turns 21 . 1241 01:05:43,648 --> 01:05:48,110 So we are looking for the next 1 00 years. 1242 01:05:48,194 --> 01:05:51,822 Where even my grandson can spend money. 1243 01:05:51,906 --> 01:05:54,366 CHUNG: Do you have anything else to present to us today? 1244 01:05:54,659 --> 01:05:56,368 We've come a long way. 1245 01:05:59,706 --> 01:06:00,748 Listen, Wang, 1246 01:06:00,832 --> 01:06:04,877 now, we got a great new line on this shale oil technology. 1247 01:06:06,254 --> 01:06:09,423 Let's just dig a lot deeper for a price that we think is a good one. 1248 01:06:09,549 --> 01:06:12,259 We'll have a complete workup for you by the end of the month. 1249 01:06:12,344 --> 01:06:15,304 All right, Bretton. That sounds promising. 1250 01:06:15,388 --> 01:06:16,847 JAKE: What about fusion? 1251 01:06:17,807 --> 01:06:19,224 We happen to be working with a company right now. 1252 01:06:19,309 --> 01:06:21,143 lt's got all the hardware in place. 1253 01:06:21,227 --> 01:06:22,686 Started by the Department of Energy. 1254 01:06:22,771 --> 01:06:25,189 They share R&D facilities with the University of California. 1255 01:06:25,565 --> 01:06:27,566 lt's got a market cap right now of about a billion. 1256 01:06:27,651 --> 01:06:28,984 No earnings. 1257 01:06:29,069 --> 01:06:31,945 Fusion has been around a long time. 1258 01:06:34,324 --> 01:06:35,324 (SPEAKlNG MANDARlN) 1259 01:06:35,492 --> 01:06:36,533 "Good things take time." 1260 01:06:37,535 --> 01:06:38,744 JAKE: The simple of it is, 1261 01:06:38,828 --> 01:06:41,121 it's using the intense energy of some 200 laser beams 1262 01:06:41,206 --> 01:06:43,999 focused on a single target the size of a few grains of rice 1263 01:06:44,084 --> 01:06:45,668 filled with hydrogen fuel. 1264 01:06:45,752 --> 01:06:48,128 So the idea being that when that target combusts 1265 01:06:48,338 --> 01:06:50,589 it produces more energy than it took in. 1266 01:06:51,549 --> 01:06:53,050 All the tests they've done indicate 1267 01:06:53,134 --> 01:06:54,593 that they can use this ignition process 1268 01:06:54,678 --> 01:06:57,429 to turn simple seawater into energy. 1269 01:06:58,556 --> 01:07:00,933 It's called Ocean Thermal Energy Conversion 1270 01:07:01,017 --> 01:07:03,143 using the reaction between hot water on the surface 1271 01:07:03,228 --> 01:07:05,688 and cold water beneath to power the lasers. 1272 01:07:05,939 --> 01:07:08,524 So what you wind up with is unlimited clean energy. 1273 01:07:08,608 --> 01:07:11,235 How do you contain the explosion? 1274 01:07:11,319 --> 01:07:13,070 That's a secret l can't really share with you right now. 1275 01:07:13,154 --> 01:07:15,906 Not to be secretive, but l could probably get you in there for a peek. 1276 01:07:15,990 --> 01:07:18,450 Maybe next week, on your way back to Beijing from DC? 1277 01:07:19,244 --> 01:07:20,911 (CHlNESE BUSlNESSMEN MUTTERlNG lNDlSTlNCTLY) 1278 01:07:20,995 --> 01:07:22,830 Mr. Wang, l got you something. 1279 01:07:22,997 --> 01:07:24,957 This is American baijiu. 1280 01:07:26,793 --> 01:07:27,793 (SPEAKlNG MANDARlN) 1281 01:07:28,002 --> 01:07:29,753 "Johnnie Walker Blue Label." 1282 01:07:30,797 --> 01:07:32,297 Miss Chung, this is for you. Oh, thank you. 1283 01:07:40,473 --> 01:07:42,182 l used to go with Zabel to China. 1284 01:07:42,267 --> 01:07:45,728 Their culture's as much about manners as it is about business. 1285 01:07:45,812 --> 01:07:48,021 They're on the hook, Jake. That's all l care about. 1286 01:07:48,189 --> 01:07:49,231 Good. 1287 01:07:49,649 --> 01:07:51,525 l'll send him some bamboo flowers 1288 01:07:51,609 --> 01:07:54,361 symbolizing continued growth and prosperity. 1289 01:07:54,446 --> 01:07:58,407 You don't always listen so good, Jake, but you got fight in you. 1290 01:07:58,491 --> 01:07:59,867 l like that. 1291 01:08:13,298 --> 01:08:15,966 l think you might just have something on James. 1292 01:08:16,050 --> 01:08:17,926 My friend in Switzerland, he confirmed 1293 01:08:18,011 --> 01:08:20,512 that this Locust Fund, it exists and it's big. 1294 01:08:20,972 --> 01:08:22,639 A billion dollars. Mmm-hmm? 1295 01:08:23,600 --> 01:08:25,726 lt just might be our friend Bretton 1296 01:08:25,810 --> 01:08:27,436 was trading through his own account, 1297 01:08:27,520 --> 01:08:29,062 outside of Churchill Schwartz. 1298 01:08:29,689 --> 01:08:31,607 Can we get that on the record? 1299 01:08:31,691 --> 01:08:33,525 That's the hard part, isn't it? 1300 01:08:37,530 --> 01:08:40,783 So what are we going to do about my daughter, Jake? 1301 01:08:41,367 --> 01:08:42,910 l told you, l'm sorry about the other night. 1302 01:08:42,994 --> 01:08:44,495 Gordon, l can't control her, you know? 1303 01:08:44,621 --> 01:08:45,704 Yeah. 1304 01:08:46,372 --> 01:08:49,458 You know, they say parents are the bones 1305 01:08:49,542 --> 01:08:51,627 on which children sharpen their teeth. 1306 01:08:53,046 --> 01:08:54,296 Find another way for me to get with her. 1307 01:08:54,380 --> 01:08:55,547 You know, there's got to be. . . 1308 01:08:55,632 --> 01:08:57,800 That dinner that's coming up, all the Street guys are going? 1309 01:08:57,884 --> 01:08:59,635 The Alzheimer's thing at the Met. 1310 01:08:59,719 --> 01:09:01,470 Yeah. l'm taking her. 1311 01:09:01,888 --> 01:09:04,306 l wish l had 1 0K for a seat. 1312 01:09:04,390 --> 01:09:07,059 A writer's got to sell a lot of books for that. 1313 01:09:08,394 --> 01:09:10,979 And we both know how Winnie would react to the fact 1314 01:09:11,064 --> 01:09:14,316 that you've been bonding with your future father-in-law. 1315 01:09:14,400 --> 01:09:16,068 ls that a threat? 1316 01:09:17,237 --> 01:09:18,570 Absolutely. 1317 01:09:19,155 --> 01:09:20,364 Huh. 1318 01:09:21,366 --> 01:09:22,908 Well, consider it done. 1319 01:09:22,992 --> 01:09:24,326 l just got to put you at another table. 1320 01:09:24,410 --> 01:09:25,702 lt's got to look like an accident. 1321 01:09:26,579 --> 01:09:27,996 l like trading with you, Jake. 1322 01:09:28,665 --> 01:09:30,541 See you around campus. 1323 01:09:31,751 --> 01:09:33,335 Hey. 1324 01:09:33,711 --> 01:09:35,754 Get her a ring, for Christ's sake! 1325 01:09:59,153 --> 01:10:00,195 How are you, Bill? 1326 01:10:00,280 --> 01:10:01,822 Julie, how nice to see you. 1327 01:10:01,906 --> 01:10:04,241 Well, it's a pleasure to see you, William. 1328 01:10:04,325 --> 01:10:06,118 So nice to see you. 1329 01:10:07,495 --> 01:10:09,830 Have you spoken to J. P. about the conservancy? 1330 01:10:18,172 --> 01:10:19,548 Hi, nice to meet you. Hi. 1331 01:10:19,632 --> 01:10:22,551 Congratulations. Looks like you won this one. 1332 01:10:24,095 --> 01:10:25,888 Hi. lt's not over yet. 1333 01:10:26,556 --> 01:10:28,390 Have you met Jake? Good to see you. How's your husband? 1334 01:10:28,474 --> 01:10:29,516 Very well. 1335 01:10:31,811 --> 01:10:33,896 ROBBY: l gotta tell you, Mr. Gekko, 1336 01:10:33,980 --> 01:10:36,607 seeing you speak was inspirational on so many levels. 1337 01:10:36,691 --> 01:10:38,233 Because, l'll tell you, l'm on the outside. 1338 01:10:38,318 --> 01:10:40,777 l'm looking at all my buddies making all this money 1339 01:10:40,862 --> 01:10:42,154 and l'm thinking, "Fellas, 1340 01:10:42,238 --> 01:10:44,990 "there's no there, there." You know? 1341 01:10:45,074 --> 01:10:46,158 But listen, l'm at your table. 1342 01:10:46,242 --> 01:10:47,242 We can talk about this all night. 1343 01:10:47,327 --> 01:10:49,912 That's great, Robby. l'll see you later then, all right? 1344 01:10:49,996 --> 01:10:51,371 BUD: Hey, Gordon. 1345 01:10:52,749 --> 01:10:54,374 Looking good. 1346 01:10:54,459 --> 01:10:55,667 My God. 1347 01:10:56,628 --> 01:11:00,047 Bud Fox, huh? l haven't seen you in years. 1348 01:11:00,840 --> 01:11:02,215 This is Erin and Christina. 1349 01:11:02,300 --> 01:11:03,967 Hi. Hello. Hi. 1350 01:11:04,677 --> 01:11:08,388 What was that airline called? Blue Star, that's right. 1351 01:11:08,473 --> 01:11:11,058 That must be keeping you pretty busy now, huh? 1352 01:11:12,185 --> 01:11:13,518 Excuse me. 1353 01:11:15,104 --> 01:11:19,066 Well, after a little time away, l actually turned it into 1354 01:11:19,150 --> 01:11:22,861 one of the largest private jet brokerages in the world and sold it. 1355 01:11:22,946 --> 01:11:23,946 Made millions. 1356 01:11:24,030 --> 01:11:27,157 That's great, pal. That's really great. So what's up next? 1357 01:11:28,201 --> 01:11:30,410 You're looking at it. Golf, 1358 01:11:30,954 --> 01:11:34,414 winters in St. Barts, philanthropy. 1359 01:11:34,874 --> 01:11:37,000 Ah ! And how about you, Gordon? 1360 01:11:37,543 --> 01:11:41,088 Does Blue Horseshoe still love Anacott Steel? 1361 01:11:41,172 --> 01:11:43,215 (LAUGHlNG) You know it. 1362 01:11:45,635 --> 01:11:47,719 Well, l'll see you around sometime, Gordon. 1363 01:11:48,888 --> 01:11:50,681 Stay out of trouble. 1364 01:11:53,393 --> 01:11:54,851 (WALTZ MUSlC PLAYlNG) 1365 01:12:07,573 --> 01:12:08,949 (lNDlSTlNCT CHATTER) 1366 01:12:45,194 --> 01:12:47,195 WlNNlE: And the website's called Frozen Truth. 1367 01:12:47,280 --> 01:12:48,613 BRETTON: Frozen Truth? WlNNlE: Yeah. 1368 01:12:48,698 --> 01:12:50,782 That's catchy. l like that. 1369 01:12:50,867 --> 01:12:53,744 What we really need is some game-changing news. 1370 01:12:53,828 --> 01:12:57,414 And now you can come out of nowhere with one big story. 1371 01:12:57,498 --> 01:12:59,791 Since "Mission Accomplished" broke the Senator's affair, 1372 01:12:59,876 --> 01:13:01,960 they've gotten 200,000 hits a day. 1373 01:13:02,712 --> 01:13:03,962 ls it expensive to run? 1374 01:13:04,047 --> 01:13:05,630 Not really. lt's a shoestring budget. 1375 01:13:06,841 --> 01:13:09,092 Maybe Jake can find ways to raise you some money 1376 01:13:09,177 --> 01:13:10,635 flip it to the public? 1377 01:13:11,345 --> 01:13:12,721 (LAUGHS) We don't really want to go public. 1378 01:13:12,805 --> 01:13:14,139 lt would affect our credibility. 1379 01:13:14,223 --> 01:13:15,640 We want to stay non-profit. 1380 01:13:15,850 --> 01:13:18,018 Non-profit? What is that? l don't know what that is. 1381 01:13:18,102 --> 01:13:19,561 l've heard the term before, "non-profit." 1382 01:13:19,645 --> 01:13:20,729 That's very funny. 1383 01:13:20,813 --> 01:13:23,440 You know what it is? lsn't that when you came out of school 1384 01:13:23,524 --> 01:13:24,691 and you had to do something for the government, 1385 01:13:24,776 --> 01:13:25,859 like it was mandatory? 1386 01:13:25,943 --> 01:13:26,943 WlNNlE: Very funny. 1387 01:13:27,028 --> 01:13:28,278 lt was called the draft. 1388 01:13:28,362 --> 01:13:29,654 JAKE: lt was called the draft. lt's called the draft. 1389 01:13:29,739 --> 01:13:31,531 GORDON: So one day, Brett, Churchill Schwartz 1390 01:13:31,616 --> 01:13:34,493 is going to buy every table at this jackal's ball. 1391 01:13:34,577 --> 01:13:37,329 They're going to call it "a religious revival." 1392 01:13:39,415 --> 01:13:41,583 Winn, you don't have to leave on my behalf. 1393 01:13:41,667 --> 01:13:43,210 l'm only going to be here a couple of seconds. 1394 01:13:43,294 --> 01:13:45,087 No. Stay. l'm just going to get some air. 1395 01:13:45,379 --> 01:13:47,005 (GUESTS APPLAUDlNG) 1396 01:13:58,101 --> 01:13:59,726 lf somebody took this place out tonight, 1397 01:13:59,811 --> 01:14:01,895 there'd be nobody left to rule the world. 1398 01:14:04,273 --> 01:14:08,110 But, Brett, congratulations. l know how hard you worked for all of this. 1399 01:14:08,528 --> 01:14:10,737 l go by "Bretton" these days. 1400 01:14:11,405 --> 01:14:14,783 lt's a beneficiary of a few bull markets. That's all it takes. 1401 01:14:14,909 --> 01:14:17,119 So easy, even a caveman can do it, right? 1402 01:14:17,203 --> 01:14:18,453 That's right. 1403 01:14:18,538 --> 01:14:21,873 You make modesty a virtue, Bretton. 1404 01:14:22,375 --> 01:14:26,419 The truth is, nobody needs inside information anymore to get rich. 1405 01:14:27,296 --> 01:14:30,966 All you have to do is stay out of jail. 1406 01:14:31,509 --> 01:14:33,301 MAN: Glad to be here, Bretton. Herb. 1407 01:14:33,386 --> 01:14:37,639 Actually, jail was the best thing that ever happened to me. 1408 01:14:37,723 --> 01:14:38,765 Oh, yeah? 1409 01:14:38,850 --> 01:14:39,850 Got me to think. 1410 01:14:40,476 --> 01:14:42,102 lt centers a man. 1411 01:14:43,020 --> 01:14:45,814 l probably should thank whoever put me in there. 1412 01:14:49,360 --> 01:14:51,611 BRETTON: You know, l saw you on television the other night. 1413 01:14:52,446 --> 01:14:54,573 You are quite the bear. 1414 01:14:55,366 --> 01:14:56,575 You be careful, you know. 1415 01:14:56,659 --> 01:14:59,327 Your daughter's financial health is now in our hands. 1416 01:14:59,412 --> 01:15:01,830 So it is, so it is. Yeah, it is. 1417 01:15:01,914 --> 01:15:04,916 But your firm knows sub-primes are crap. 1418 01:15:05,501 --> 01:15:09,337 The way you keep buying Bernie's insurance swaps lately, 1419 01:15:09,422 --> 01:15:13,425 l mean, l gotta worry about my grandchildren's college education. 1420 01:15:14,427 --> 01:15:15,844 We like insurance. 1421 01:15:15,928 --> 01:15:17,137 What's not to like? 1422 01:15:17,471 --> 01:15:20,682 Easy selling crack to kids in a school playground. 1423 01:15:20,850 --> 01:15:22,434 Credit default swap is a good idea. 1424 01:15:22,518 --> 01:15:24,186 lt's the execution that isn't. 1425 01:15:24,604 --> 01:15:26,688 Well, you know what they say. 1426 01:15:26,772 --> 01:15:28,940 Bulls make money, bears make money, 1427 01:15:29,066 --> 01:15:31,193 and the pigs, they get slaughtered. 1428 01:15:31,444 --> 01:15:33,987 l thought this was a charity event, Gordon. 1429 01:15:34,071 --> 01:15:36,448 Why don't you go find some? 1430 01:15:37,491 --> 01:15:40,452 Tell you what. l'll make you a deal, Bretton. 1431 01:15:41,120 --> 01:15:43,163 You stop telling lies about me, 1432 01:15:43,289 --> 01:15:45,373 l'll stop telling the truth about you. 1433 01:15:55,509 --> 01:15:56,551 That's sad. 1434 01:15:57,511 --> 01:15:58,553 lsn't it? 1435 01:15:58,638 --> 01:15:59,596 WOMAN: lt's pathetic. 1436 01:15:59,680 --> 01:16:01,973 That he can't just take his ball and go home. 1437 01:16:02,058 --> 01:16:04,476 He has to piss on the whole game. 1438 01:16:04,810 --> 01:16:05,936 (LAUGHlNG) 1439 01:16:07,146 --> 01:16:08,438 l'm going to go find Winnie. 1440 01:16:08,522 --> 01:16:10,357 Oh, look, by the way, 1441 01:16:11,150 --> 01:16:13,068 l talked to Wang today. 1442 01:16:14,654 --> 01:16:18,490 l think the Chinese are close. Very close. 1443 01:16:19,450 --> 01:16:21,826 ln any case, l want to talk to you about the future, 1444 01:16:21,911 --> 01:16:23,912 about how we're going to bring this over the top. 1445 01:16:23,996 --> 01:16:25,247 Sure. Okay? 1446 01:16:25,331 --> 01:16:27,082 Tomorrow? Possibly tomorrow. 1447 01:16:27,166 --> 01:16:28,500 Okay. Okay. All right. 1448 01:16:35,883 --> 01:16:36,925 GORDON: Hi. 1449 01:16:45,142 --> 01:16:47,102 He's a good kid. 1450 01:16:47,186 --> 01:16:49,604 He came from nothing. 1451 01:16:49,689 --> 01:16:51,815 Hustler, like me. 1452 01:16:55,486 --> 01:16:58,071 You think he's the one for you, Winn? 1453 01:16:58,739 --> 01:16:59,823 Yep. 1454 01:17:02,034 --> 01:17:04,035 Well, just make sure he's worthy of you 1455 01:17:04,120 --> 01:17:07,747 because, whether you like it or not, you're still a Gekko. 1456 01:17:10,501 --> 01:17:12,544 And whether you like it or not 1457 01:17:12,628 --> 01:17:15,338 that name doesn't mean anything anymore. 1458 01:17:18,551 --> 01:17:21,052 Why do you say something like that? 1459 01:17:21,721 --> 01:17:23,680 We had an agreement. 1460 01:17:23,764 --> 01:17:27,100 You remember? Last time you came down to see me? 1461 01:17:27,184 --> 01:17:29,311 We were going to take a little trip. 1462 01:17:29,395 --> 01:17:32,564 When l got out, you remember that? To Switzerland? 1463 01:17:32,857 --> 01:17:34,316 Yeah. 1464 01:17:34,400 --> 01:17:36,192 That was before Rudy. 1465 01:17:40,781 --> 01:17:44,242 Some of the things that came out after you went away, 1466 01:17:46,162 --> 01:17:49,080 things you were recorded saying, the affairs? 1467 01:17:50,458 --> 01:17:53,209 That wasn't you. That wasn't my father. lt was some sociopath. 1468 01:17:53,294 --> 01:17:54,919 lt was nine years ago. So? 1469 01:17:55,004 --> 01:17:56,588 When are you going to stop? 1470 01:18:02,511 --> 01:18:05,722 You got no idea what hell l went through in there. 1471 01:18:05,806 --> 01:18:08,350 Hell, for you? lt was hell for you? 1472 01:18:08,434 --> 01:18:10,018 Do you know what you did to Rudy? 1473 01:18:10,102 --> 01:18:12,354 To all of us? You drove Mom mad. 1474 01:18:12,438 --> 01:18:13,480 Winnie, 1475 01:18:14,315 --> 01:18:16,066 he was my only son. 1476 01:18:18,986 --> 01:18:21,780 l tried everything. l put him in the 1 2-step deal. 1477 01:18:21,864 --> 01:18:24,824 l never told you, l borrowed money from hardcore guys. 1478 01:18:24,909 --> 01:18:27,702 Tens of thousands of dollars, which l didn't have. 1479 01:18:28,579 --> 01:18:31,539 l gave it to the best therapist l could find. 1480 01:18:31,707 --> 01:18:34,125 l even tried to pay off one scumbag dealer 1481 01:18:34,210 --> 01:18:36,628 not to sell any more to my boy! 1482 01:18:38,422 --> 01:18:40,715 But if you'd been there, Dad. . . 1483 01:18:43,177 --> 01:18:45,970 lf you hadn't been in prison, 1484 01:18:46,222 --> 01:18:48,306 it would've been different. 1485 01:18:49,809 --> 01:18:52,894 Winnie, you got no idea 1486 01:18:53,145 --> 01:18:55,772 how much l beat myself up, 1487 01:18:55,856 --> 01:18:58,483 how many mistakes l made as a father. 1488 01:18:59,735 --> 01:19:01,152 Rudy. . . 1489 01:19:01,904 --> 01:19:04,155 He was a victim, you know. Like, he had cancer. 1490 01:19:04,240 --> 01:19:05,990 You cannot blame me. 1491 01:19:07,493 --> 01:19:10,036 And you gotta stop blaming yourself. 1492 01:19:20,923 --> 01:19:23,133 You're all l got left, honey. 1493 01:19:25,052 --> 01:19:26,469 Nothing else 1494 01:19:27,721 --> 01:19:28,972 matters. 1495 01:19:32,351 --> 01:19:36,020 l cannot make it right again, but l can make things better. 1496 01:19:38,691 --> 01:19:39,858 l'm your dad. 1497 01:19:41,444 --> 01:19:44,696 And whatever you say till the day that l die, 1498 01:19:46,115 --> 01:19:47,615 you're my gal. 1499 01:19:49,410 --> 01:19:51,202 You're the only one. 1500 01:19:52,204 --> 01:19:53,705 You're my baby. 1501 01:19:58,752 --> 01:20:00,211 Please. 1502 01:20:01,380 --> 01:20:04,883 Winnie, just try to forgive me. 1503 01:20:20,024 --> 01:20:21,065 Dad. 1504 01:20:39,793 --> 01:20:40,877 JAKE: lt's done, Doc. 1505 01:20:41,003 --> 01:20:43,296 Look, you're an older guy, so l don't want you to have a heart attack. 1506 01:20:43,380 --> 01:20:46,508 But Bretton James just said we're gonna get a $1 00 million ! 1507 01:20:46,592 --> 01:20:47,634 DR. MASTERS: Are you serious, my boy? 1508 01:20:47,718 --> 01:20:48,676 Yes! 1509 01:20:48,761 --> 01:20:50,595 Bretton says the Chinese are close! 1510 01:20:50,763 --> 01:20:53,097 But look, you get some sleep, all right? You deserve it. 1511 01:20:53,182 --> 01:20:54,557 Thank you, Jacob. 1512 01:20:54,642 --> 01:20:55,975 l'll talk to you soon. 1513 01:21:34,765 --> 01:21:37,350 FEMALE NEWS ANCHOR 1 : There is carnage on Wall Street. 1514 01:21:37,434 --> 01:21:39,978 The shares of the major financial stocks plummeting. 1515 01:21:40,145 --> 01:21:42,772 It's triggering a major sell-off in the markets. 1516 01:21:42,856 --> 01:21:44,148 The damage, widespread. 1517 01:21:44,233 --> 01:21:45,233 FEMALE NEWS ANCHOR 2: The NASDAQ's plunging. 1518 01:21:45,317 --> 01:21:46,693 The Dow Jones Industrial Average is plunging, 1519 01:21:46,777 --> 01:21:48,111 and oil is plunging. 1520 01:21:48,487 --> 01:21:50,321 Literally a 1 80 points just added to the decline. 1521 01:21:50,823 --> 01:21:52,240 You can hear the hollering on the floor. 1522 01:21:52,324 --> 01:21:55,243 We're down 260, literally in a split second. 1523 01:21:55,327 --> 01:21:57,120 Right now, the Dow Jones Industrial Average 1524 01:21:57,204 --> 01:21:59,914 is now 500 points on the decline. 1525 01:22:00,165 --> 01:22:02,166 MARlA: The headIine of the new housing report is grim 1526 01:22:02,334 --> 01:22:04,210 that this is shaping up to be the worst 1527 01:22:04,295 --> 01:22:06,087 real estate market in a generation. 1528 01:22:06,171 --> 01:22:08,131 MALE NEWS ANCHOR 1 : We are now at the highest point there, 724. 1529 01:22:08,215 --> 01:22:10,258 That was the biggest loss we've seen today. 1530 01:22:10,342 --> 01:22:11,968 We're now in historic territory. 1531 01:22:12,177 --> 01:22:14,637 FEMALE NEWS ANCHOR 3: Investors are getting their heads handed to them 1532 01:22:14,722 --> 01:22:17,765 as another US banking institution nears collapse. 1533 01:22:17,850 --> 01:22:20,685 The President's Working Group is going into emergency meetings 1534 01:22:20,769 --> 01:22:22,270 with the Secretary of the Treasury 1535 01:22:22,354 --> 01:22:23,855 and the Federal Reserve Board. 1536 01:22:29,486 --> 01:22:31,029 (WHlSPERS lNDlSTlNCTLY) 1537 01:22:32,197 --> 01:22:35,742 The President's Chief of Staff is calling back in an hour. 1538 01:22:35,826 --> 01:22:37,118 He's with the President. 1539 01:22:37,202 --> 01:22:40,788 And he's going to want to know what l think we should do. 1540 01:22:41,707 --> 01:22:44,000 BRETTON: This isn't Keller Zabel, Bill. 1541 01:22:45,961 --> 01:22:48,129 This is too big to fail. 1542 01:22:48,255 --> 01:22:50,089 BlLL: This is just an insane situation. 1543 01:22:50,174 --> 01:22:51,466 This is now. 1544 01:22:51,550 --> 01:22:54,594 There's about 70-plus trillion out there in credit default swaps 1545 01:22:54,678 --> 01:22:56,012 held by roughly 1 7 banks. 1546 01:22:56,096 --> 01:22:58,306 And we do not know where the bottom is. 1547 01:22:59,808 --> 01:23:02,143 How much are you guys thinking? 1548 01:23:02,227 --> 01:23:04,187 At least five. 1549 01:23:04,271 --> 01:23:06,314 l think six. 1550 01:23:06,398 --> 01:23:09,651 Bill, l frankly think Harry and Charlie are low. 1551 01:23:09,735 --> 01:23:11,903 l think we're talking seven, eight. 1552 01:23:12,029 --> 01:23:13,613 BlLL: Hundred billion? 1553 01:23:15,282 --> 01:23:16,366 (SlGHS) 1554 01:23:19,745 --> 01:23:21,537 MAN: Selling this to Congress is the problem. 1555 01:23:22,081 --> 01:23:24,499 They're going to want to know where the money's going. 1556 01:23:24,583 --> 01:23:26,793 They'll jawbone this to death. 1557 01:23:29,797 --> 01:23:31,422 Scare them. MAN: How? 1558 01:23:32,299 --> 01:23:34,092 Tell them the truth. 1559 01:23:34,635 --> 01:23:37,595 The government's got to restore confidence. 1560 01:23:37,721 --> 01:23:40,556 lf we don't stop the bleeding, in three days, 1561 01:23:40,641 --> 01:23:43,267 half the banks in this room are out of business. 1562 01:23:43,352 --> 01:23:45,770 And in five days, we're all gone. 1563 01:23:47,564 --> 01:23:50,191 You men realize what you've done here? 1564 01:23:52,277 --> 01:23:54,612 You are asking for the biggest bailout 1565 01:23:54,697 --> 01:23:56,989 in the history of this country. 1566 01:23:58,033 --> 01:24:00,785 You're talking nationalization, Bretton. 1567 01:24:01,578 --> 01:24:02,954 Socialism. 1568 01:24:05,499 --> 01:24:09,293 l have fought it all my life. 1569 01:24:10,421 --> 01:24:12,839 And if we don't get it, Bill, 1570 01:24:13,048 --> 01:24:15,133 there won't be any history. 1571 01:24:15,634 --> 01:24:17,009 Music stops. 1572 01:24:18,470 --> 01:24:19,887 Ball's over. 1573 01:24:23,892 --> 01:24:25,059 Julie? 1574 01:24:26,812 --> 01:24:28,271 1 929. 1575 01:24:30,357 --> 01:24:33,317 lt'll get worse now, because it'll go faster. 1576 01:24:34,111 --> 01:24:38,740 Money markets will dry up around the world by the end of the week. 1577 01:24:38,824 --> 01:24:41,826 ATMs will stop spitting bills. 1578 01:24:43,328 --> 01:24:46,080 Federal Deposit lnsurance will collapse. 1579 01:24:46,957 --> 01:24:48,958 Banks will close. 1580 01:24:49,168 --> 01:24:50,752 Mobs, panic. 1581 01:24:54,339 --> 01:24:57,467 lt's going to be the end of the world, Bill. 1582 01:24:58,927 --> 01:25:01,304 (WHlSTLES DRAMATlCALLY) 1583 01:25:01,889 --> 01:25:02,972 See? 1584 01:25:07,102 --> 01:25:08,186 Huh ! 1585 01:25:09,938 --> 01:25:11,522 All right, boys. 1586 01:25:12,691 --> 01:25:14,859 You'll hear from us tonight. 1587 01:25:17,196 --> 01:25:18,196 MALE NEWS ANCHOR: What is going to happen here? 1588 01:25:19,031 --> 01:25:20,281 Does government have to get involved? 1589 01:25:20,365 --> 01:25:23,242 Are we potentially at a point where we might actually lose 1590 01:25:23,327 --> 01:25:25,244 the financial system as we know it? 1591 01:25:25,329 --> 01:25:27,288 If the government doesn't get involved, 1592 01:25:27,372 --> 01:25:28,998 there is a risk of a global meltdown 1593 01:25:29,082 --> 01:25:30,666 of the global financial system. 1594 01:25:30,751 --> 01:25:32,043 This is a financiaI crisis, 1595 01:25:32,127 --> 01:25:35,087 and anyone who doesn't admit that is just kidding themselves. 1596 01:25:35,214 --> 01:25:37,048 We've seen something like this. PUNDIT 1 : Polly, I disagree. 1597 01:25:37,132 --> 01:25:39,467 You've gotta get the government to say no in a situation like this. 1598 01:25:39,551 --> 01:25:42,261 True capitalism is about disaster and correction. 1599 01:25:42,346 --> 01:25:43,596 It's a natural cycle. 1600 01:25:43,680 --> 01:25:45,139 Without it, you create all kinds 1601 01:25:45,224 --> 01:25:46,390 of artificial anomalies in the market. 1602 01:25:46,475 --> 01:25:47,558 But if we don't fix this now, 1603 01:25:47,643 --> 01:25:49,143 you're going to have... 1604 01:25:49,228 --> 01:25:52,355 BUFFETT: This is something this country hasn't experienced before. 1605 01:25:52,481 --> 01:25:54,190 It's an economic Pearl Harbor. 1606 01:25:54,274 --> 01:25:56,025 We got to figure out some way to put the fire out. 1607 01:25:56,109 --> 01:25:58,236 And that means government... 1608 01:26:03,617 --> 01:26:05,743 Your father predicted this. 1609 01:26:08,956 --> 01:26:10,122 When l was little, 1610 01:26:10,916 --> 01:26:13,835 l'd hear my dad in the kitchen late at night. 1611 01:26:15,420 --> 01:26:16,587 His case was on appeal. 1612 01:26:19,424 --> 01:26:22,343 l'd go and sit with him. We'd eat ice cream. 1613 01:26:23,929 --> 01:26:26,180 l never knew him as a peaceful person. 1614 01:26:28,559 --> 01:26:30,309 lt always scared me. 1615 01:26:31,395 --> 01:26:32,895 This is scary. 1616 01:26:34,106 --> 01:26:36,023 What's going to happen? 1617 01:26:38,235 --> 01:26:39,902 lt'll be the end. 1618 01:26:43,866 --> 01:26:45,908 Well, that's unacceptable. 1619 01:26:47,327 --> 01:26:48,536 Why? 1620 01:26:49,538 --> 01:26:51,247 Because l'm pregnant, Jake. 1621 01:26:59,214 --> 01:27:00,423 (BOTH LAUGH) 1622 01:27:01,884 --> 01:27:03,801 You're pregnant? Yeah. 1623 01:27:05,679 --> 01:27:07,471 (MY BIG NURSE PLAYING) 1624 01:27:09,141 --> 01:27:13,102 When the lake's on fire 1625 01:27:13,186 --> 01:27:14,812 That's fantastic. (LAUGHS) 1626 01:27:14,897 --> 01:27:18,316 With all the world's desires 1627 01:27:18,984 --> 01:27:22,111 Compact, relaxed 1628 01:27:23,655 --> 01:27:27,825 Intact, give thanks 1629 01:27:28,452 --> 01:27:34,498 I'm counting all the possibilities 1630 01:27:39,046 --> 01:27:41,881 MALE NEWS ANCHOR 1 : And we are talking on the S&P 500 1631 01:27:41,965 --> 01:27:44,675 a loss of almost eight percent in one day, 1632 01:27:44,760 --> 01:27:47,303 surpassing September 17th, 2001 . 1633 01:27:47,387 --> 01:27:50,765 That's the day markets opened after the attacks of 9/1 1 . 1634 01:27:50,849 --> 01:27:52,266 MALE NEWS ANCHOR 2: ...last night on Wall Street 1635 01:27:52,351 --> 01:27:55,269 and swept through Japan, China, India and Europe 1636 01:27:55,354 --> 01:27:59,523 after one of the worst days on global stock markets in modern times. 1637 01:28:44,152 --> 01:28:46,028 They said your office. 1638 01:28:47,906 --> 01:28:51,200 lt's too depressing today. This is my other office. 1639 01:28:52,744 --> 01:28:54,954 This might be dangerous. Think you can keep up? 1640 01:28:55,122 --> 01:28:57,248 World's crashing anyway. We'll see, right? 1641 01:30:20,415 --> 01:30:22,208 That's not bad, Jake. 1642 01:30:22,959 --> 01:30:25,294 Though l think they might have given you the faster bike. 1643 01:30:25,378 --> 01:30:27,505 l'm sure that's what it was. 1644 01:30:29,007 --> 01:30:30,257 You know, 1645 01:30:30,926 --> 01:30:32,676 l've always believed that a man should have, 1646 01:30:32,761 --> 01:30:34,804 at one time or another in his life, 1647 01:30:34,888 --> 01:30:37,223 both a mentor and a protégé. 1648 01:30:37,682 --> 01:30:38,724 Who's yours? 1649 01:30:38,809 --> 01:30:40,851 The man who brought me into Churchill Schwartz. 1650 01:30:40,936 --> 01:30:42,144 Bill Clark at Treasury. 1651 01:30:42,229 --> 01:30:45,356 He's been a good friend to us during this crisis. 1652 01:30:46,066 --> 01:30:48,567 You got the makings of a leader, Jake. 1653 01:30:48,652 --> 01:30:52,029 l just want you to know, there's no hard feelings on this. 1654 01:30:52,781 --> 01:30:54,490 No one's going to lose. 1655 01:30:54,574 --> 01:30:56,951 With Clark in, l think we're in good shape. 1656 01:30:57,035 --> 01:30:58,786 You got a great future. 1657 01:30:58,870 --> 01:31:00,579 l don't understand. 1658 01:31:01,039 --> 01:31:03,124 Didn't you read this morning's capital breakdown? 1659 01:31:03,208 --> 01:31:06,544 No, l came right up to the roof. Why? What happened? 1660 01:31:08,130 --> 01:31:14,009 Look, the Chinese money, it's going to Babaco Solar. 1661 01:31:16,054 --> 01:31:18,013 What? We took another look 1662 01:31:18,098 --> 01:31:19,306 and we just don't think United Fusion 1663 01:31:19,391 --> 01:31:20,808 is ever gonna achieve what they claim. 1664 01:31:20,892 --> 01:31:23,269 Babaco needs this money to build these three fabrications. . . 1665 01:31:23,353 --> 01:31:24,645 You might as well just burn the money, Bretton. 1666 01:31:24,729 --> 01:31:27,064 You told me, l told Dr. Masters. He's expecting it. 1667 01:31:27,149 --> 01:31:29,191 The decision's been made. 1668 01:31:29,276 --> 01:31:31,318 Unless you want it to die. 1669 01:31:32,445 --> 01:31:33,737 Of course. 1670 01:31:33,822 --> 01:31:36,991 Seawater is in a lot more supply than crude. Right, Bretton? 1671 01:31:37,075 --> 01:31:38,784 You an idealist or a capitalist, Jacob? 1672 01:31:38,869 --> 01:31:40,244 l'm a realist. 1673 01:31:41,079 --> 01:31:43,122 You're a real piece of work, Bretton. 1674 01:31:43,206 --> 01:31:45,374 You're giving the money to Babaco because it's a hustle. 1675 01:31:45,458 --> 01:31:48,335 lt's all inside. That's why your oil companies are safe, right? 1676 01:31:48,420 --> 01:31:50,629 The mentor-protégé relationship 1677 01:31:50,714 --> 01:31:53,424 is not emotional over anything. 1678 01:31:54,426 --> 01:31:56,969 l thought you might be a good addition to the Churchill Schwartz team. 1679 01:31:57,095 --> 01:31:58,721 Am l mistaken? Let me tell you something, Bretton. 1680 01:31:58,805 --> 01:32:00,890 You are not my mentor. Lou Zabel was. 1681 01:32:00,974 --> 01:32:02,099 And whether you admit it or not, 1682 01:32:02,309 --> 01:32:05,269 your raid destroyed Zabel and forced him to suicide. 1683 01:32:05,353 --> 01:32:08,981 So you may talk about moral hazard. You are the moral hazard. 1684 01:32:09,441 --> 01:32:13,444 You are the worst kind of toxic debt this system's polluted with. 1685 01:32:15,238 --> 01:32:16,530 ls this a threat? 1686 01:32:16,615 --> 01:32:17,698 Absolutely. 1687 01:32:20,410 --> 01:32:21,493 (EXCLAlMS) 1688 01:32:25,665 --> 01:32:27,708 This is so disappointing. 1689 01:32:28,627 --> 01:32:31,128 l really saw so much in you, Jacob. 1690 01:32:32,756 --> 01:32:34,798 You should look in the mirror first. See yourself. 1691 01:32:34,883 --> 01:32:37,509 lt might scare you, Bretton. 1692 01:32:42,140 --> 01:32:44,266 Consider the motorcycle part of your severance. 1693 01:32:44,351 --> 01:32:46,018 Fuck you, Bretton ! 1694 01:32:47,562 --> 01:32:48,771 (GRUNTS) 1695 01:32:52,817 --> 01:32:54,193 GORDON: Here you are. MAN: Thanks a lot. 1696 01:32:54,277 --> 01:32:55,402 WOMAN: Hi. For Elise. 1697 01:32:55,487 --> 01:32:56,487 GORDON: "For Elise." 1698 01:32:56,571 --> 01:32:58,239 And can l ask you a question, Mr. Gekko? 1699 01:32:58,323 --> 01:32:59,448 Certainly, Elise. 1700 01:32:59,532 --> 01:33:01,909 What exactly is "moral hazard"? 1701 01:33:01,993 --> 01:33:03,035 He screwed me. 1702 01:33:03,119 --> 01:33:04,161 Excuse me? 1703 01:33:05,288 --> 01:33:06,372 Shocker. 1704 01:33:06,456 --> 01:33:09,667 He saw that fusion was actually possible, so he killed it. 1705 01:33:09,751 --> 01:33:11,835 Well, that's a little far-fetched. 1706 01:33:11,920 --> 01:33:14,338 But then, these days, anything is possible. 1707 01:33:14,422 --> 01:33:16,215 Well, l quit, Gordon. 1708 01:33:16,925 --> 01:33:20,844 That's really going to help. l'll see you outside in 1 5 minutes. 1709 01:33:21,012 --> 01:33:24,056 Moral hazard, that's when somebody 1710 01:33:24,140 --> 01:33:27,184 takes your money and is not responsible for it. 1711 01:33:28,228 --> 01:33:32,106 This guy James, he must walk between raindrops. 1712 01:33:32,190 --> 01:33:34,858 He's a monkey dancing on a razorblade. 1713 01:33:35,777 --> 01:33:40,364 Not only did he start the rumors at Zabel to get your bank for peanuts, 1714 01:33:40,448 --> 01:33:43,117 the guy was trading for his own account in this Locust Fund. 1715 01:33:43,201 --> 01:33:44,535 He was? He was. 1716 01:33:44,661 --> 01:33:48,497 And he was betting against the market that he was making. 1717 01:33:48,581 --> 01:33:52,418 But the kicker is, so was his firm. 1718 01:33:52,502 --> 01:33:54,962 Churchill Schwartz was shorting sub-primes? 1719 01:33:55,046 --> 01:33:57,923 Yeah, for the last two years they've been hedging. 1720 01:33:58,008 --> 01:34:01,760 Not just sub-primes. Primes, indexes, the whole thing. 1721 01:34:03,346 --> 01:34:05,472 But they knew this home loan fantasy 1722 01:34:05,557 --> 01:34:07,599 was going to collapse the market. 1723 01:34:08,643 --> 01:34:10,644 And when they did, they got the Feds 1724 01:34:10,729 --> 01:34:15,691 to bail out their bad insurance swaps, a 1 00 cents on the dollar. 1725 01:34:15,859 --> 01:34:19,403 l mean, talk about an evil empire. This puts me to shame. 1726 01:34:19,654 --> 01:34:22,573 And l'm small-time compared to these crooks. 1727 01:34:24,367 --> 01:34:27,661 The system is insolvent if no one knows what to do next 1728 01:34:27,746 --> 01:34:31,206 except repeat the insanity till the next bubble blows. 1729 01:34:32,292 --> 01:34:34,626 That'll be the one. The big one. 1730 01:34:35,670 --> 01:34:38,672 The tipping point, just like the tulip. 1731 01:34:38,757 --> 01:34:42,593 We could still go after James on this. Just bring it all out. 1732 01:34:42,677 --> 01:34:44,428 Easy, Trigger. 1733 01:34:44,512 --> 01:34:48,015 Media is not going to get in the way of Churchill or the government. 1734 01:34:48,099 --> 01:34:50,851 They want their profits just like the rest of us. 1735 01:34:50,935 --> 01:34:53,020 lt's unethical, but it's not illegal. 1736 01:34:53,104 --> 01:34:56,607 When everyone's running for the lifeboats, who's going to care? 1737 01:34:56,691 --> 01:34:59,234 Maybe some little leftist website? 1738 01:34:59,319 --> 01:35:01,028 Your daughter will run it. lt'll get some play. 1739 01:35:06,451 --> 01:35:10,704 Look, Bretton is not an enemy a kid like you wants to have for life. 1740 01:35:10,789 --> 01:35:11,955 Just get out of this racket. 1741 01:35:12,624 --> 01:35:15,751 Settle down with Winnie. Live a happy life somewhere. 1742 01:35:15,835 --> 01:35:16,877 What? 1743 01:35:16,961 --> 01:35:18,879 Well, you know, she's got enough money. 1744 01:35:18,963 --> 01:35:21,006 What do you mean? You're smart. 1745 01:35:21,091 --> 01:35:22,633 You'll come up with another way to slice bread. 1746 01:35:22,717 --> 01:35:24,176 What money? 1747 01:35:24,260 --> 01:35:25,302 My money. 1748 01:35:26,971 --> 01:35:29,264 Stop playing it dumb, will you, Jake? l know you know. 1749 01:35:29,349 --> 01:35:30,682 Know what? 1750 01:35:32,060 --> 01:35:33,811 Are you telling me that you're not the only one 1751 01:35:33,895 --> 01:35:36,522 in this relationship keeping a secret? 1752 01:35:37,023 --> 01:35:38,148 (LAUGHlNG) 1753 01:35:38,691 --> 01:35:40,359 Hold on a second. What money, Gordon? 1754 01:35:42,153 --> 01:35:43,362 Switzerland. 1755 01:35:43,446 --> 01:35:44,571 How much? 1756 01:35:46,491 --> 01:35:49,368 lt's close to $1 00 million by now. 1757 01:35:53,915 --> 01:35:56,166 What do you say we split a cab? 1758 01:36:00,130 --> 01:36:01,338 (MUSlC BLARlNG ON RADlO) 1759 01:36:02,424 --> 01:36:06,760 l set it up as a Swiss account in the '80s before all the trouble. 1760 01:36:06,845 --> 01:36:07,886 Hey, chief. 1761 01:36:08,096 --> 01:36:10,556 Look, l'll pay you extra. Just slow down. 1762 01:36:10,640 --> 01:36:11,890 Can you. . . Can you. . . 1763 01:36:11,975 --> 01:36:15,060 When she was 1 8, l told her she would come into it all 1764 01:36:15,145 --> 01:36:16,270 when she turned 25. 1765 01:36:17,480 --> 01:36:20,274 And she agreed to stake me when l got out. 1766 01:36:21,234 --> 01:36:24,695 Then Rudy died, and she reneged. 1767 01:36:24,988 --> 01:36:26,363 She never visited me again. 1768 01:36:27,365 --> 01:36:29,283 She told me she had a small trust 1769 01:36:29,367 --> 01:36:31,118 from you and her mom, but she didn't care anything about it. 1770 01:36:31,202 --> 01:36:33,370 She was going to give it to charity when she was 25. 1771 01:36:33,455 --> 01:36:35,747 Well, it's easy for her to say. She never earned it. 1772 01:36:37,208 --> 01:36:40,294 And now you want it for your fusion delusion. 1773 01:36:40,378 --> 01:36:42,296 But it's a trust. l mean, she couldn't break into it 1774 01:36:42,380 --> 01:36:43,964 before she was 25 anyway. 1775 01:36:44,048 --> 01:36:47,134 Are you as dumb as you sound? Anything can be revoked. 1776 01:36:47,218 --> 01:36:51,430 They don't got trusts in Switzerland. lt's an account, that's all. 1777 01:36:51,890 --> 01:36:54,725 l know the bank well. They'll work with me. 1778 01:36:55,393 --> 01:36:58,187 But you still need her signature, of course. 1779 01:36:59,481 --> 01:37:03,859 When it comes to money, sport, your eyes suddenly shine, just like mine. 1780 01:37:03,943 --> 01:37:05,235 (BRAKES SCREECHlNG) 1781 01:37:05,570 --> 01:37:06,612 (HORN BLARlNG) 1782 01:37:06,696 --> 01:37:08,780 Great! Saved another life, huh? 1783 01:37:09,657 --> 01:37:10,824 Asshole! 1784 01:37:10,909 --> 01:37:12,868 Are you crazy? You want to die? Huh? 1785 01:37:12,994 --> 01:37:14,161 (SPEAKlNG HlNDl) 1786 01:37:17,624 --> 01:37:18,790 How do we do this? 1787 01:37:21,419 --> 01:37:23,003 She goes with you to Switzerland, 1788 01:37:23,087 --> 01:37:25,130 she signs the account over to your control 1789 01:37:25,215 --> 01:37:28,091 then you give me the money and l'll get it to the States for you. 1790 01:37:28,843 --> 01:37:30,427 You mean launder it? 1791 01:37:30,929 --> 01:37:33,180 Look, pal, you want the lRS on Winnie? 1792 01:37:33,264 --> 01:37:37,351 Because you damn well know she is complicit and seriously liable. 1793 01:37:37,435 --> 01:37:38,936 All right? You want the money? 1794 01:37:51,866 --> 01:37:53,200 (lNDlSTlNCT CHATTERlNG) 1795 01:37:53,660 --> 01:37:54,785 (WOMAN LAUGHlNG) 1796 01:37:57,038 --> 01:37:58,330 Hi. How are you? Hi. 1797 01:37:58,414 --> 01:38:00,040 Can l talk to you for a second? 1798 01:38:00,124 --> 01:38:02,251 Yeah. l'll be back in a sec. 1799 01:38:04,712 --> 01:38:07,631 Why didn't you tell me about the $1 00 million? 1800 01:38:11,052 --> 01:38:15,556 How did you find. . . How did you find out in the first place? 1801 01:38:15,807 --> 01:38:17,266 Did you talk to my father? 1802 01:38:17,350 --> 01:38:19,560 l found out because Churchill Schwartz's international trading desk 1803 01:38:19,644 --> 01:38:21,311 handles some of the money, and your name came up, 1804 01:38:21,396 --> 01:38:22,521 along with Gordon Gekko. 1805 01:38:22,605 --> 01:38:26,733 l never considered it mine. l was 1 4. l was a minor when he set it up. 1806 01:38:26,818 --> 01:38:27,943 Yeah, but you didn't do anything with the money 1807 01:38:28,027 --> 01:38:29,111 when you turned into a major, did you? 1808 01:38:29,153 --> 01:38:31,071 l was going to give it to charity. Really? 1809 01:38:31,155 --> 01:38:33,699 What were you gonna do, launder the money yourself, Winnie? 1810 01:38:33,783 --> 01:38:35,033 What was your plan? 1811 01:38:35,118 --> 01:38:37,077 l didn't think about it. 1812 01:38:37,161 --> 01:38:39,037 You didn't think about it? lt was my father's money. 1813 01:38:39,163 --> 01:38:40,998 You know how he got it. No, you're wrong. lt's your money. 1814 01:38:41,082 --> 01:38:43,750 lt's $1 00 million of your money. 1815 01:38:43,835 --> 01:38:45,335 Do you know what that means? 1816 01:38:45,837 --> 01:38:49,715 That's five years in jail. You're gonna get busted with him for tax fraud. 1817 01:38:49,799 --> 01:38:51,758 This is serious, Winnie. 1818 01:38:59,142 --> 01:39:02,019 You could do something good with this money. 1819 01:39:03,104 --> 01:39:04,980 This is more than just charity, Winn. 1820 01:39:07,025 --> 01:39:10,277 You might want to wipe some of the drool off your face, Jake. 1821 01:39:10,778 --> 01:39:11,820 Winnie, if it wasn't important, 1822 01:39:11,904 --> 01:39:12,946 l'd totally understand, but it is. 1823 01:39:13,031 --> 01:39:14,948 You know that fusion just might work. 1824 01:39:15,033 --> 01:39:17,117 l know it sounds like Star Wars, love, 1825 01:39:17,201 --> 01:39:18,452 but if it weren't for crazy people 1826 01:39:18,536 --> 01:39:19,745 who thought these crazy things 1827 01:39:19,829 --> 01:39:22,831 then where would we be in this world? Nowhere. 1828 01:39:23,374 --> 01:39:24,458 Huh? 1829 01:39:24,876 --> 01:39:28,128 Winnie, Dr. Masters is a genius. He's a pioneer. 1830 01:39:28,212 --> 01:39:30,005 They might just solve this thing. lt could change the world. 1831 01:39:30,089 --> 01:39:32,299 Yeah, okay. ls this about changing the world or making money? 1832 01:39:32,383 --> 01:39:33,967 Because you come into my office, pitching to me. 1833 01:39:34,052 --> 01:39:35,344 You sound like a Wall Street guy. 1834 01:39:35,428 --> 01:39:38,430 Hold on for a second ! l am a Wall Street guy. 1835 01:39:38,514 --> 01:39:39,681 l am and l'm good at this. 1836 01:39:39,766 --> 01:39:42,684 And l believe in this. And you know that l do. 1837 01:39:42,769 --> 01:39:45,062 What do you wanna do, just report the news for the rest of your life 1838 01:39:45,146 --> 01:39:46,855 or do you want to make the news? This is your opportunity. 1839 01:39:46,939 --> 01:39:49,232 lt's your chance to shine. 1840 01:39:49,317 --> 01:39:51,193 To be Captain America. 1841 01:39:54,030 --> 01:39:55,197 (VOCALlZlNG) 1842 01:39:55,990 --> 01:39:59,701 This is the most charitable you could ever be in your life! 1843 01:40:02,080 --> 01:40:03,747 (VOCALlZlNG) (LAUGHlNG) 1844 01:40:06,376 --> 01:40:08,585 You honestly believe in this? 1845 01:40:10,046 --> 01:40:11,588 Let's say l could. . . 1846 01:40:11,673 --> 01:40:13,674 Let's say l could get the money now, hypothetically, right? 1847 01:40:13,758 --> 01:40:14,841 Not that you care about the money. 1848 01:40:14,926 --> 01:40:16,176 But let's say l could take out a loan against it, 1849 01:40:16,260 --> 01:40:18,970 minimize your risk as much as possible. 1850 01:40:19,972 --> 01:40:22,349 Would you do this for me, Winn? 1851 01:40:24,727 --> 01:40:26,728 Would you do this for me? 1852 01:40:53,005 --> 01:40:54,214 MALE BANKER: Very well, Miss Gekko. 1853 01:40:54,298 --> 01:40:55,674 We will have your father co-sign 1854 01:40:55,758 --> 01:40:57,884 and we will see to it that the funds are transferred. 1855 01:40:57,969 --> 01:40:59,845 Thank you. Danke schön, Miss Gekko. 1856 01:41:00,263 --> 01:41:01,513 Mr. Moore. Yes? 1857 01:41:01,597 --> 01:41:03,682 Mr. Gekko asked that you call him in New York 1858 01:41:03,766 --> 01:41:05,225 as soon as this meeting is over. 1859 01:41:05,309 --> 01:41:06,643 Thank you. 1860 01:41:08,312 --> 01:41:10,564 So l'll take care of the rest of this. You go back to the hotel. 1861 01:41:10,648 --> 01:41:11,857 All right. l just got the confirmation. 1862 01:41:11,941 --> 01:41:13,400 We're on the direct flight to New York in the morning. 1863 01:41:13,484 --> 01:41:14,651 Great. 1864 01:41:15,653 --> 01:41:16,987 Great news on the loft. Oh, yeah? 1865 01:41:17,071 --> 01:41:20,031 Yeah, l got a buyer. So one less thing in our lives, right? 1866 01:41:20,116 --> 01:41:21,408 l kind of like the feeling. 1867 01:41:21,492 --> 01:41:22,576 Yeah, so do l. 1868 01:41:22,660 --> 01:41:23,785 l'll see you over there. 1869 01:41:23,870 --> 01:41:24,995 Okay. 1870 01:41:33,671 --> 01:41:35,422 Hey, anyone can figure out life 1871 01:41:35,506 --> 01:41:37,007 when you're looking back on it. 1872 01:41:37,091 --> 01:41:40,510 But we got to live it going forward. Right, Jakie? 1873 01:41:41,763 --> 01:41:45,265 Besides, four-and-a-half is great in this market. 1874 01:41:45,349 --> 01:41:46,767 Yeah, except l owe six to the bank. 1875 01:41:46,851 --> 01:41:48,185 When do l have to be out of here? 1876 01:41:48,269 --> 01:41:50,437 You got three months more. 1877 01:41:50,521 --> 01:41:54,107 By the way, l had to throw in the furniture. 1878 01:41:54,650 --> 01:41:56,485 What there was of it. 1879 01:41:57,820 --> 01:41:59,946 Did you want me to have a yard sale here for you? 1880 01:42:00,031 --> 01:42:01,072 (DOORBELL RlNGlNG) 1881 01:42:01,157 --> 01:42:03,116 Here. Take it. Here's your pen. 1882 01:42:11,751 --> 01:42:12,793 Jake. . . 1883 01:42:12,877 --> 01:42:14,211 Dolores was just leaving. 1884 01:42:15,046 --> 01:42:16,213 Oh. 1885 01:42:20,218 --> 01:42:24,596 Hello to you, too, honey. Don't forget. Three months, honey. 1886 01:42:24,680 --> 01:42:25,847 Mmm-hmm. 1887 01:42:30,061 --> 01:42:32,062 Bastards changed the locks. 1888 01:42:32,146 --> 01:42:33,480 You weren't servicing the loans, Ma. 1889 01:42:33,564 --> 01:42:34,648 Well, they lied to me. 1890 01:42:34,732 --> 01:42:36,566 They told me they were going to give me more time. 1891 01:42:36,651 --> 01:42:38,860 Well, they're not, okay? They're panicking. Everyone is panicking. 1892 01:42:38,945 --> 01:42:40,153 They're gonna throw it in the market 1893 01:42:40,238 --> 01:42:41,571 and take what they can get for it, Ma. 1894 01:42:41,656 --> 01:42:43,824 But it's not even finished yet. 1895 01:42:43,908 --> 01:42:46,576 And that's not all. Look. 1896 01:42:46,661 --> 01:42:48,411 lt's the other properties, Mom. 1897 01:42:48,496 --> 01:42:50,831 No, but they said they were gonna give me a little more time. 1898 01:42:50,915 --> 01:42:52,499 And all l need is a 1 1 0 grand, 1899 01:42:52,583 --> 01:42:55,710 and then that way, l can keep all three properties in play. 1900 01:42:55,795 --> 01:42:57,546 l know you have it, Jake. l don't have it, Mom. 1901 01:42:57,630 --> 01:42:59,089 You have it, Jacob. l don't have it, 1902 01:42:59,173 --> 01:43:00,757 and l wouldn't give it to you if l did have it. 1903 01:43:01,551 --> 01:43:02,509 What am l supposed to do? 1904 01:43:02,593 --> 01:43:03,927 You know what moral hazard is, Ma? 1905 01:43:04,011 --> 01:43:05,136 You know what that means? No. 1906 01:43:05,221 --> 01:43:06,805 lt means that once you get bailed out, what's to stop you 1907 01:43:06,889 --> 01:43:08,098 from taking another shot? 1908 01:43:08,182 --> 01:43:09,266 But l. . . 1909 01:43:09,350 --> 01:43:11,393 l'm in trouble, Mom. l am in trouble right now. 1910 01:43:11,477 --> 01:43:12,686 l'm taking a huge hit on the loft, 1911 01:43:12,770 --> 01:43:13,895 l just sold my bike for nothing 1912 01:43:13,980 --> 01:43:16,022 and now, again, l'm writing you a check, Mom. Oh. 1913 01:43:16,107 --> 01:43:17,524 lt's ridiculous. 1914 01:43:18,734 --> 01:43:20,944 This is $30,000 that l barely have. 1915 01:43:21,404 --> 01:43:23,196 But that's not enough, honey. Ma, l love you, 1916 01:43:23,281 --> 01:43:25,490 but l cannot keep hemorrhaging money for your insanity. 1917 01:43:25,575 --> 01:43:27,242 What you need to do is you need to go back to Henry. 1918 01:43:27,326 --> 01:43:28,743 You need to get another job, okay? 1919 01:43:28,828 --> 01:43:32,205 But this is my job. l have a job. What do you. . . Oh, my God. 1920 01:43:32,290 --> 01:43:33,665 You mean like a real job with a boss? 1921 01:43:33,749 --> 01:43:34,833 Yes, a real job. 1922 01:43:34,917 --> 01:43:36,459 l'm too old to get a. . . l'm sorry, Ma, 1923 01:43:36,544 --> 01:43:37,627 you got to start at some point. 1924 01:43:37,712 --> 01:43:39,713 You got to start now. l can't keep carrying you forever. 1925 01:43:39,797 --> 01:43:41,047 (THE GOOD THE BAD AND THE UGLY RlNGTONE PLAYlNG) 1926 01:43:41,132 --> 01:43:44,050 You're not the only one who's in trouble, Ma. Please. 1927 01:43:44,135 --> 01:43:45,176 Hello? 1928 01:43:45,261 --> 01:43:47,470 DR. MASTERS: Hey, Jake. We have a problem. 1929 01:43:49,056 --> 01:43:50,098 Go ahead. 1930 01:43:50,182 --> 01:43:53,977 l don't know what happened. My CFO says the money hasn't arrived yet. 1931 01:43:56,230 --> 01:43:57,939 Yeah, but it was sent yesterday. 1932 01:43:58,024 --> 01:44:00,692 lt should have been there before the Fedwire closed at 6:00. 1933 01:44:01,527 --> 01:44:05,363 Well, maybe there's been some sort of mistake. lt was a large amount. 1934 01:44:08,242 --> 01:44:09,492 Okay, just sit tight. 1935 01:44:09,827 --> 01:44:10,994 All right? 1936 01:44:11,162 --> 01:44:12,329 Jesus. 1937 01:44:19,128 --> 01:44:21,838 A few days? ln this city that's nothing. 1938 01:44:22,965 --> 01:44:25,258 Mr. Gekko is good tenant. 1939 01:44:25,843 --> 01:44:27,427 l appreciate it. 1940 01:44:48,115 --> 01:44:52,369 GORDON: A fisherman always sees another fisherman from afar. 1941 01:44:58,918 --> 01:45:01,878 Winnie's all I got left. You understand that? 1942 01:45:04,090 --> 01:45:05,382 JAKE: How much? 1943 01:45:05,549 --> 01:45:08,009 Close to $1 00 million by now. 1944 01:45:10,596 --> 01:45:12,806 Don't go back in there, Jake. 1945 01:45:16,185 --> 01:45:17,852 This is who he is. 1946 01:45:20,564 --> 01:45:22,399 l did tell you, Jake. 1947 01:45:23,818 --> 01:45:25,360 l did warn you. 1948 01:45:26,821 --> 01:45:28,697 l lied to you, Winnie. 1949 01:45:34,578 --> 01:45:38,164 l've been in contact with your father behind your back. 1950 01:45:42,503 --> 01:45:44,796 After we saw him at the dinner, 1951 01:45:45,673 --> 01:45:47,882 before you gave me the money. 1952 01:45:59,562 --> 01:46:00,937 Why? 1953 01:46:03,649 --> 01:46:07,777 Because l thought it was the best thing for you, you know. For us. 1954 01:46:17,705 --> 01:46:18,955 l just wanted to. . . 1955 01:46:26,464 --> 01:46:28,048 You're like him. 1956 01:46:30,176 --> 01:46:32,302 l'm sorry. l'm sorry, Winnie. 1957 01:46:35,264 --> 01:46:38,308 l'll make it up to you. l promise l'll get the money back. 1958 01:46:38,476 --> 01:46:42,562 l don't care about the money, Jake! This is not about the money. 1959 01:46:42,646 --> 01:46:45,440 This is about you and me, and we are not good anymore. 1960 01:46:48,319 --> 01:46:50,779 Winn, we are good. Come on. 1961 01:46:52,156 --> 01:46:53,156 We are good. 1962 01:46:53,991 --> 01:46:55,575 Come on, Winn. We're good. 1963 01:46:55,659 --> 01:46:56,701 No. 1964 01:46:59,080 --> 01:47:01,998 We're supposed to make each other feel safe. 1965 01:47:03,959 --> 01:47:06,086 Otherwise, what's the point? 1966 01:47:12,218 --> 01:47:13,843 lt's gone, Jake. 1967 01:47:15,012 --> 01:47:16,971 lt's not. Please don't. 1968 01:47:17,056 --> 01:47:18,515 Take it. 1969 01:47:24,980 --> 01:47:26,481 Come on, Winn. 1970 01:47:27,691 --> 01:47:29,025 Please go. 1971 01:47:30,361 --> 01:47:31,528 Please. 1972 01:47:32,696 --> 01:47:33,738 Go. 1973 01:47:40,704 --> 01:47:42,038 l'm sorry. 1974 01:48:15,114 --> 01:48:20,243 GORDON: China, lndia, Brazil. Silver, oil, copper, l want to own it all. 1975 01:48:20,411 --> 01:48:22,954 Buy me Churchill Schwartz, 1976 01:48:23,038 --> 01:48:25,540 and get me updates on the other financials. 1977 01:48:25,624 --> 01:48:28,418 l'm looking for deals. Only good deals. 1978 01:48:28,502 --> 01:48:31,921 Just ride the trends. Just don't try too hard for the turns. 1979 01:48:32,006 --> 01:48:34,132 lt's just like the old days, Bobby. 1980 01:48:34,216 --> 01:48:36,259 BOBBY: What do you feeI about California municipals, Gordon? 1981 01:48:36,343 --> 01:48:38,970 No way. California has made more mistakes 1982 01:48:39,054 --> 01:48:41,723 than Yogi Berra reciting Shakespeare. 1983 01:48:41,807 --> 01:48:42,891 (LAUGHlNG) 1984 01:48:42,975 --> 01:48:46,144 Right now, it is ugly times ugly. 1985 01:48:47,021 --> 01:48:49,522 And that's when the ugly get going. 1986 01:48:50,608 --> 01:48:54,027 You tell them for me, babe, Gordon Gekko is back. 1987 01:48:56,864 --> 01:48:58,823 l'm looking for distressed securities. 1988 01:48:58,908 --> 01:49:00,200 l'm trying to get a hold of them 1989 01:49:00,284 --> 01:49:02,994 before the government does. You got that? 1990 01:49:03,704 --> 01:49:04,871 Okay. 1991 01:49:05,539 --> 01:49:06,915 Here you are, Mr. Gekko. 1992 01:49:06,999 --> 01:49:08,166 Nice, Harry. 1993 01:49:08,626 --> 01:49:11,586 Well, then, Alex, you tell the Treasury Department for me 1994 01:49:11,670 --> 01:49:14,923 that l'm willing to stand on the other side of their auction. 1995 01:49:15,007 --> 01:49:17,550 Not too tight under the arms, Mr. Gekko? 1996 01:49:17,635 --> 01:49:18,676 (LAUGHS) Jesus Christ. 1997 01:49:18,761 --> 01:49:20,720 l tell you, the government's worse than a wife. 1998 01:49:20,804 --> 01:49:23,806 They got all the power, they got half the money. 1999 01:49:23,891 --> 01:49:26,351 Now they're working on getting the other half. 2000 01:49:26,685 --> 01:49:28,436 Hey, hey, stay positive, pal. 2001 01:49:28,520 --> 01:49:31,314 Most people, they lose, they whine and quit. 2002 01:49:31,398 --> 01:49:32,815 But you got to be there for the turns. 2003 01:49:32,900 --> 01:49:35,360 Everybody's got good luck, everybody's got bad luck. 2004 01:49:35,444 --> 01:49:39,030 Don't run when you lose. Don't whine when it hurts. 2005 01:49:39,114 --> 01:49:41,074 lt's like the first grade, Jerry. 2006 01:49:41,158 --> 01:49:42,909 Nobody likes a crybaby. 2007 01:49:42,993 --> 01:49:44,160 SALESMAN: Whooshing sound. 2008 01:49:44,245 --> 01:49:45,828 l'll take four of these. 2009 01:49:59,468 --> 01:50:01,678 JAKE: Feels good to be back on top, huh? 2010 01:50:04,515 --> 01:50:05,640 (LAUGHlNG) 2011 01:50:05,724 --> 01:50:08,518 Hey, champ. What brings you to London? 2012 01:50:08,686 --> 01:50:10,687 You, Gordo. 2013 01:50:12,815 --> 01:50:15,108 You want to make one last trade? 2014 01:50:15,192 --> 01:50:17,235 Well, that depends. 2015 01:50:18,779 --> 01:50:21,155 Did you ever really want to reconcile with her? 2016 01:50:23,158 --> 01:50:24,534 l'm human. 2017 01:50:24,618 --> 01:50:25,994 Then why did you do it? 2018 01:50:26,078 --> 01:50:27,954 Well, it's the same answer. 2019 01:50:28,038 --> 01:50:31,040 Look, l told you before, Winnie was gonna stake me when l got out. 2020 01:50:31,583 --> 01:50:32,750 You remember, she reneged. 2021 01:50:32,835 --> 01:50:33,960 Sure, she did. 2022 01:50:34,545 --> 01:50:36,963 lt makes you feel better about stealing from your own blood, 2023 01:50:37,172 --> 01:50:38,464 doesn't it? 2024 01:50:38,549 --> 01:50:40,591 Every thief has some excuse. 2025 01:50:40,926 --> 01:50:43,469 Hey, don't you act so superior, kid. 2026 01:50:44,555 --> 01:50:49,559 They took 1 22 thousand hours of my life for a victimless crime. 2027 01:50:49,727 --> 01:50:52,478 l ate my bitterness every goddamn day. 2028 01:50:52,563 --> 01:50:54,230 And when l got out, who was waiting for me? 2029 01:50:54,315 --> 01:50:55,523 Nobody! 2030 01:50:56,442 --> 01:50:58,443 Not even my own daughter. 2031 01:50:59,236 --> 01:51:02,196 l thought Bretton was slime until l met you. 2032 01:51:03,032 --> 01:51:05,575 l just never believed that a man would sell out his own daughter. 2033 01:51:05,659 --> 01:51:08,911 You die your way, l'll die mine. Get the hell out of here. 2034 01:51:08,996 --> 01:51:10,163 You know, she left me, Gordon. 2035 01:51:10,414 --> 01:51:11,497 Yeah? 2036 01:51:12,916 --> 01:51:15,043 l'm sorry about that. 2037 01:51:15,127 --> 01:51:17,253 Yeah? l bet you are. 2038 01:51:17,921 --> 01:51:19,922 You left it all in ruins. 2039 01:51:21,383 --> 01:51:25,219 But no matter how much money you make, you'll never be rich. 2040 01:51:25,304 --> 01:51:29,140 See, that's what you never got, kid. lt's not about the money. 2041 01:51:30,225 --> 01:51:33,644 lt's about the game. The game between people. 2042 01:51:34,646 --> 01:51:36,439 And that's all it is. 2043 01:51:38,984 --> 01:51:40,360 Speaking of, 2044 01:51:42,029 --> 01:51:43,821 what's the trade? 2045 01:51:43,989 --> 01:51:48,284 You give back the principal to Winnie. The $1 00 million. 2046 01:51:50,454 --> 01:51:52,622 And what do l get in return? 2047 01:51:55,626 --> 01:51:57,043 Put this in. 2048 01:52:14,645 --> 01:52:16,437 That's your grandson. 2049 01:52:33,997 --> 01:52:37,500 You said, "The most valuable commodity l know is time." 2050 01:52:38,669 --> 01:52:40,545 You're looking at time. 2051 01:52:41,255 --> 01:52:42,547 Not money. 2052 01:52:45,509 --> 01:52:47,343 This is time, Gordon. 2053 01:53:00,232 --> 01:53:04,527 l'm sorry, Jake, but this is simply a trade l cannot make. 2054 01:53:17,583 --> 01:53:19,750 You're a sad man, Gordon. 2055 01:54:34,117 --> 01:54:35,576 You really want to get this site on the map? 2056 01:54:35,661 --> 01:54:39,372 You break this story. lt'll take some time, but it'll spread. 2057 01:54:39,456 --> 01:54:42,041 lt's the single greatest transfer of wealth in American history 2058 01:54:42,125 --> 01:54:44,502 from Main Street to Wall Street, and it's all true. 2059 01:54:44,586 --> 01:54:47,588 And it will happen again because people like you and me want to be lied to. 2060 01:54:48,257 --> 01:54:50,216 We like bedtime stories. 2061 01:54:53,303 --> 01:54:56,973 l miss you like crazy, and l love you, baby, and l'm sorry. 2062 01:55:09,861 --> 01:55:10,987 (DlALlNG PHONE) 2063 01:55:41,351 --> 01:55:46,355 Bretton James, the rumor is that he was shorting Keller Zabel stock 2064 01:55:46,440 --> 01:55:47,982 before he ended up acquiring it. 2065 01:55:48,233 --> 01:55:50,735 Why would he do that? This is the rock star of Wall Street. 2066 01:55:50,819 --> 01:55:51,861 Did you hear about Bretton James? 2067 01:55:52,029 --> 01:55:55,072 CNBC will say he's hedging, but if you ask me it's a fraud. 2068 01:55:55,240 --> 01:55:58,701 lt's a tiny website. Who cares? 2069 01:55:59,077 --> 01:56:02,121 Gekko's daughter and that smartass kid l fired, Moore. 2070 01:56:02,205 --> 01:56:03,831 What is this about the rumor that led 2071 01:56:03,915 --> 01:56:05,499 to Louis Zabel committing suicide? 2072 01:56:05,584 --> 01:56:08,628 Well, shorting his own company, you can't bust him for that. 2073 01:56:08,712 --> 01:56:10,880 But they can get him for running false rumors on Zabel, 2074 01:56:10,964 --> 01:56:12,214 that's serious. 2075 01:56:12,299 --> 01:56:14,091 lt's gone viral, Bretton. 2076 01:56:14,176 --> 01:56:15,551 Bloomberg has a summary out on it. 2077 01:56:15,636 --> 01:56:16,969 Reuters is playing the story big. 2078 01:56:17,054 --> 01:56:20,181 lt's become legitimate. Congress is next. 2079 01:56:21,433 --> 01:56:23,559 This bank is bigger than you, Bretton. 2080 01:56:24,394 --> 01:56:27,229 We know there's nothing illegal here, Jimmy. 2081 01:56:28,148 --> 01:56:29,231 Jack? 2082 01:56:32,736 --> 01:56:33,903 Julie. . . 2083 01:56:35,113 --> 01:56:36,947 Are you stupid or what? 2084 01:56:37,240 --> 01:56:39,909 Trading for your account in your position? 2085 01:56:40,494 --> 01:56:43,954 You pigged out, kid. You were making a fortune here. 2086 01:56:44,206 --> 01:56:46,540 What the hell is wrong with you? 2087 01:56:47,459 --> 01:56:48,709 Come on. 2088 01:56:50,587 --> 01:56:52,296 So l double-dipped. 2089 01:56:52,631 --> 01:56:53,881 Who hasn't? 2090 01:56:53,965 --> 01:56:57,176 Now, in your time, you must have done some things. 2091 01:56:57,928 --> 01:56:59,845 You're retiring, Julie. 2092 01:57:00,764 --> 01:57:02,932 Why don't you step up in front of this? 2093 01:57:03,225 --> 01:57:04,850 You can afford it. 2094 01:57:04,935 --> 01:57:06,686 l can still run this place 2095 01:57:06,770 --> 01:57:10,815 and make you more money than you ever dreamed. 2096 01:57:13,568 --> 01:57:17,530 We both know that's not going to happen, kid. 2097 01:57:26,498 --> 01:57:27,665 Julie. 2098 01:57:28,375 --> 01:57:30,459 Think about this, please. 2099 01:57:30,544 --> 01:57:32,128 You look for the birds. 2100 01:57:32,212 --> 01:57:33,546 (WHlSTLES) 2101 01:57:33,630 --> 01:57:36,215 They're going to help you, those birds. You'll see. Good luck. 2102 01:57:36,842 --> 01:57:38,509 (I FEEL MY STUFF PLAYING) 2103 01:57:41,263 --> 01:57:45,891 I think I waited too long 2104 01:57:47,227 --> 01:57:52,106 I'm moving into the dollhouse 2105 01:57:52,691 --> 01:57:55,401 Some days we exercise 2106 01:57:55,485 --> 01:57:58,237 Some days we harmonize 2107 01:57:58,321 --> 01:58:03,409 Look away, look away Look away, oh, yeah 2108 01:58:03,577 --> 01:58:04,827 (SCREAMlNG) 2109 01:58:06,246 --> 01:58:09,206 l don't wanna sound like a rooster taking credit for the dawn, 2110 01:58:09,291 --> 01:58:13,419 but turning $1 00 million into $1 . 1 billion 2111 01:58:13,503 --> 01:58:16,297 in this market, takes some brains, right? 2112 01:58:17,174 --> 01:58:19,300 My guys are good. 2113 01:58:20,385 --> 01:58:23,679 And it's no wonder our new fund is over-subscribed. 2114 01:58:24,556 --> 01:58:28,225 But for you, l'm gonna initiate a third fund. 2115 01:58:29,519 --> 01:58:33,397 Because, frankly, Julie, l couldn't be more excited about this. 2116 01:58:33,482 --> 01:58:36,650 To finally be in business with you and your firm. 2117 01:58:39,362 --> 01:58:41,864 And us with you, Gekko. 2118 01:58:43,909 --> 01:58:45,284 (WHlSTLlNG) 2119 01:58:48,079 --> 01:58:48,996 Yeah. 2120 01:58:51,208 --> 01:58:53,709 JAKE: What is the definition of insanity? 2121 01:58:55,086 --> 01:58:57,963 It's doing the same thing over and over 2122 01:58:58,048 --> 01:58:59,882 and expecting a different result. 2123 01:59:01,885 --> 01:59:04,929 By that standard, most of us are insane. 2124 01:59:05,013 --> 01:59:07,014 But not at the same time. 2125 01:59:08,266 --> 01:59:10,392 And on that basis we trust. 2126 01:59:12,145 --> 01:59:13,854 But can this way of life endure 2127 01:59:13,939 --> 01:59:17,233 if more and more people are insane at the same time? 2128 01:59:18,902 --> 01:59:22,655 It becomes, as Gordon said, "Systemic." 2129 01:59:23,281 --> 01:59:24,406 Like cancer. 2130 01:59:25,492 --> 01:59:26,951 (PEOPLE CLAMORlNG ON TV) 2131 01:59:27,035 --> 01:59:28,702 What happens then? 2132 01:59:31,039 --> 01:59:32,915 Like I said, 2133 01:59:32,999 --> 01:59:36,377 the mother of all bubbles was the Cambrian Explosion. 2134 01:59:37,754 --> 01:59:40,673 And it happened by chance over 500 million years ago. 2135 01:59:40,757 --> 01:59:42,007 Louis Zabel, Bretton? 2136 01:59:42,092 --> 01:59:43,259 FEMALE REPORTER: Tell us about Louis Zabel. 2137 01:59:44,094 --> 01:59:45,761 Come on. Come on. 2138 01:59:45,846 --> 01:59:46,971 No! 2139 01:59:48,557 --> 01:59:51,684 Scientists will tell you it was unprecedented, 2140 01:59:51,768 --> 01:59:53,102 it happened in a flash. 2141 01:59:56,106 --> 01:59:57,773 And from it, 2142 01:59:57,858 --> 02:00:01,443 suddenly the world had millions of new species. 2143 02:00:01,528 --> 02:00:03,737 l'd love a coffee. So be in, like, 1 0. 2144 02:00:03,822 --> 02:00:05,531 And from that... Where are you going? 2145 02:00:05,615 --> 02:00:06,866 ...was born us. 2146 02:00:06,950 --> 02:00:07,992 Look at you ! 2147 02:00:08,076 --> 02:00:09,076 The human race. 2148 02:00:09,160 --> 02:00:11,954 Mr. Schwartz, l hear you are leaving us. 2149 02:00:12,122 --> 02:00:14,331 No, that won't be soon enough. 2150 02:00:14,416 --> 02:00:16,292 Oh. Have you thought about a timeshare in Florida? 2151 02:00:16,376 --> 02:00:17,918 l could hook you up in Boca. 2152 02:00:19,004 --> 02:00:20,796 Sit down, Mr. James. 2153 02:00:21,548 --> 02:00:25,676 Now, in that sense, bubbles are evolutionary. 2154 02:00:25,844 --> 02:00:27,928 This is only a preliminary proceeding. 2155 02:00:28,013 --> 02:00:29,889 But l want you to know you're under investigation 2156 02:00:29,973 --> 02:00:33,559 on accusations of tax evasion and stock manipulation 2157 02:00:33,643 --> 02:00:37,563 through, among others, an entity called Locust Fund. 2158 02:00:37,647 --> 02:00:40,816 Although, l want to first get to the matter of Louis Zabel. 2159 02:00:40,901 --> 02:00:43,152 l see here that you cooperated with this office 2160 02:00:43,236 --> 02:00:46,238 and with the federal authorities in 1 988 2161 02:00:46,323 --> 02:00:49,825 when the investigations of one Gordon Gekko began. 2162 02:00:49,910 --> 02:00:51,535 They kill excess. 2163 02:00:52,579 --> 02:00:54,496 They lean out the herd. 2164 02:00:55,165 --> 02:00:56,916 But they never die. 2165 02:00:58,001 --> 02:01:00,419 They just come back in different forms. 2166 02:01:10,096 --> 02:01:12,014 When they burst, 2167 02:01:12,098 --> 02:01:14,308 they give birth to a new day. 2168 02:01:28,990 --> 02:01:30,866 Always creating change. 2169 02:01:51,554 --> 02:01:53,222 Can l carry that? 2170 02:01:58,269 --> 02:02:00,396 You're not sleeping either? 2171 02:02:00,772 --> 02:02:02,773 He woke me up last night. 2172 02:02:06,569 --> 02:02:07,653 Yeah. 2173 02:02:08,405 --> 02:02:09,571 Can l? 2174 02:02:10,699 --> 02:02:11,907 Yeah. 2175 02:02:23,086 --> 02:02:24,253 There? 2176 02:02:24,921 --> 02:02:26,005 Yeah. 2177 02:02:33,555 --> 02:02:35,931 l just got off the phone with Dr. Masters. 2178 02:02:36,016 --> 02:02:37,433 Oh, yeah? Yeah. 2179 02:02:38,351 --> 02:02:39,893 Very happy man. 2180 02:02:40,562 --> 02:02:42,813 Renewed interests from investors. 2181 02:02:42,939 --> 02:02:44,773 Because of your story. 2182 02:02:45,358 --> 02:02:46,859 So, thank you. 2183 02:02:51,197 --> 02:02:52,948 l miss you, Winnie. 2184 02:02:54,409 --> 02:02:55,784 l miss you. 2185 02:02:58,747 --> 02:03:00,956 l don't know how to fix this. 2186 02:03:02,709 --> 02:03:04,168 Neither do l. 2187 02:03:06,629 --> 02:03:08,297 lt's different now. 2188 02:03:08,381 --> 02:03:09,673 What can l do? l mean, l. . . 2189 02:03:09,758 --> 02:03:14,178 Nothing. 2190 02:03:24,147 --> 02:03:25,272 Thank you. 2191 02:03:26,066 --> 02:03:28,025 Good night. Good night. 2192 02:03:33,281 --> 02:03:35,240 GORDON: Where are you two going? 2193 02:03:47,420 --> 02:03:50,506 What, nobody around here believes in comebacks? 2194 02:03:56,304 --> 02:03:58,347 Winn, l owe you something. 2195 02:03:59,808 --> 02:04:02,518 l don't want it. l never did. 2196 02:04:03,853 --> 02:04:05,437 No, l figured that. 2197 02:04:05,522 --> 02:04:09,441 But, you know, when choosing between two evils, 2198 02:04:09,526 --> 02:04:14,363 l like to try the one that l haven't tried before. 2199 02:04:16,157 --> 02:04:19,993 So l deposited a check of $1 00 million 2200 02:04:21,287 --> 02:04:23,872 made out to United Fusion. 2201 02:04:27,210 --> 02:04:30,504 From some offshore fund no one needs to know about. 2202 02:04:32,048 --> 02:04:35,092 Wouldn't you say green is the new bubble, Jake? 2203 02:04:44,644 --> 02:04:46,728 You two make a nice couple. 2204 02:04:54,529 --> 02:04:58,073 You know, Winn, human beings, 2205 02:05:00,577 --> 02:05:02,703 we got to give them a break. 2206 02:05:04,789 --> 02:05:06,582 We're all mixed bags. 2207 02:05:13,673 --> 02:05:14,715 But 2208 02:05:16,593 --> 02:05:18,177 my grandson, 2209 02:05:19,888 --> 02:05:21,221 and you. . . 2210 02:05:23,474 --> 02:05:26,810 And maybe, you know, you'll let me be a father again. 2211 02:05:34,527 --> 02:05:36,278 (HOME PLAYlNG) 2212 02:05:42,911 --> 02:05:48,790 The dimming of the light makes the picture clearer 2213 02:05:49,209 --> 02:05:52,628 It's just an old photograph 2214 02:05:52,712 --> 02:05:56,715 There's nothing to hide 2215 02:05:56,799 --> 02:06:02,429 And we'll mix our lives together 2216 02:06:04,641 --> 02:06:07,476 Every hand 2217 02:06:07,727 --> 02:06:14,483 Goes searching for its partner 2218 02:06:16,319 --> 02:06:18,987 In crime 2219 02:06:19,072 --> 02:06:21,573 Connecting 2220 02:06:22,325 --> 02:06:26,328 To every living soul 2221 02:06:29,165 --> 02:06:30,916 I'm looking for a home 2222 02:06:32,585 --> 02:06:36,463 Where the wheels are turning 2223 02:06:36,547 --> 02:06:41,802 Home Why I keep returning 2224 02:06:42,053 --> 02:06:48,475 Home Will infect what ever you do 2225 02:06:53,356 --> 02:06:58,777 Home With the neighbors fighting 2226 02:06:58,987 --> 02:07:04,408 Home Always so exciting 2227 02:07:04,575 --> 02:07:10,664 Home Were my parents telling the truth? 2228 02:07:11,916 --> 02:07:14,167 What's the matter with you guys? Come on, what's the matter? 2229 02:07:14,252 --> 02:07:16,044 You guys are like the last two on a ship that is sinking. 2230 02:07:22,385 --> 02:07:23,552 That's pretty. 2231 02:07:23,761 --> 02:07:25,971 lsn't that a Cracker Jack box ring? 2232 02:07:27,056 --> 02:07:32,519 Home With our bodies touching 2233 02:07:32,687 --> 02:07:38,317 Home And the cameras watching 2234 02:07:38,401 --> 02:07:44,489 Home Comes to life from out of the blue 2235 02:07:45,950 --> 02:07:48,368 (THIS MUST BE THE PLACE PLAYlNG) 2236 02:08:23,488 --> 02:08:27,240 Home is where I want to be 2237 02:08:27,325 --> 02:08:30,786 Pick me up and turn me round 2238 02:08:31,454 --> 02:08:35,624 I feel numb Born with a weak heart 2239 02:08:36,209 --> 02:08:39,586 I guess I must be having fun 2240 02:08:40,296 --> 02:08:43,298 The less we say about it the better 2241 02:08:44,550 --> 02:08:47,094 Make it up as we go along 2242 02:08:48,679 --> 02:08:52,641 Feet on the ground Head in the sky 2243 02:08:52,725 --> 02:08:56,061 It's okay I know nothing's wrong 2244 02:08:56,145 --> 02:08:57,604 Nothing 2245 02:08:57,688 --> 02:09:02,150 Hi, yo I got plenty of time 2246 02:09:05,988 --> 02:09:10,951 Hi, yo You got light in your eyes 2247 02:09:13,121 --> 02:09:16,832 And you're standing here beside me 2248 02:09:18,418 --> 02:09:21,503 I love the passing of time 2249 02:09:22,296 --> 02:09:26,341 Never for money Always for love 2250 02:09:26,426 --> 02:09:29,553 Cover up and say good night 2251 02:09:29,637 --> 02:09:31,847 Say good night 2252 02:09:59,959 --> 02:10:03,587 Home is where I want to be 2253 02:10:03,671 --> 02:10:06,798 But I guess I'm already there 2254 02:10:07,592 --> 02:10:11,803 I come home She lifted up her wings 2255 02:10:12,388 --> 02:10:15,682 Guess that this must be the place 2256 02:10:16,642 --> 02:10:19,603 I can't tell one from another 2257 02:10:20,980 --> 02:10:23,523 Did I find you or you find me? 2258 02:10:25,151 --> 02:10:28,528 There was a time before we were born 2259 02:10:29,238 --> 02:10:32,407 If someone asks This is where I'll be 2260 02:10:32,492 --> 02:10:33,950 Where I'll be 2261 02:10:34,035 --> 02:10:38,955 Hi, yo We drift in and out 2262 02:10:42,418 --> 02:10:47,130 Hi, yo Sing into my mouth 2263 02:10:49,509 --> 02:10:53,595 Out of all those kinds of people 2264 02:10:54,680 --> 02:10:57,307 You got a face with a view 2265 02:10:58,935 --> 02:11:02,771 I'm just an animal looking for a home 2266 02:11:02,855 --> 02:11:06,107 Share the same space for a minute or two 2267 02:11:06,275 --> 02:11:10,362 And you love me till my heart stops 2268 02:11:11,656 --> 02:11:14,115 Love me till I'm dead 2269 02:11:15,618 --> 02:11:19,204 Eyes that light up Eyes look through you 2270 02:11:19,455 --> 02:11:21,581 Cover up the blank spots 2271 02:11:21,666 --> 02:11:23,708 Hit me on the head 2272 02:11:23,793 --> 02:11:25,126 Ooh 2273 02:11:36,305 --> 02:11:39,891 Home is where I want to be 2274 02:11:39,976 --> 02:11:43,103 Pick me up and turn me round 2275 02:11:44,105 --> 02:11:48,233 I feel numb Born with a weak heart 2276 02:11:48,317 --> 02:11:51,361 I guess I must be having fun 2277 02:11:53,030 --> 02:11:57,117 The less we say about it the better 2278 02:11:57,201 --> 02:11:59,536 Make it up as we go along 2279 02:12:01,455 --> 02:12:05,500 Feet on the ground Head in the sky 2280 02:12:05,585 --> 02:12:08,628 It's okay I know nothing's wrong 2281 02:12:08,713 --> 02:12:10,255 Nothing 2282 02:12:10,339 --> 02:12:15,260 Hi, yo I got plenty of time 2283 02:12:18,723 --> 02:12:23,727 Hi, yo You got light in your eyes 2284 02:12:25,771 --> 02:12:30,692 And you're standing here beside me 2285 02:12:31,027 --> 02:12:33,862 I love the passing of time 2286 02:12:35,239 --> 02:12:38,742 Never for money Always for love 2287 02:12:39,201 --> 02:12:42,203 Cover up and say good night 2288 02:12:42,288 --> 02:12:44,289 Say good night 2289 02:12:56,427 --> 02:12:57,427 ENGLlSH - US - PSDH