1 00:00:06,687 --> 00:00:09,536 Previously on "Billions"... 2 00:00:09,537 --> 00:00:12,586 The key to bagging Axe is Dollar Bill Stearn. 3 00:00:12,587 --> 00:00:14,646 Bill Stearn bribed the Pepsum researcher 4 00:00:14,647 --> 00:00:17,646 for proprietary information for a drug called Vaccarizine. 5 00:00:17,647 --> 00:00:19,456 I wanna put him on the rack 6 00:00:19,457 --> 00:00:21,566 and stretch him until he gives us Axe. 7 00:00:21,567 --> 00:00:23,526 The good news is this... When you get out of there, 8 00:00:23,527 --> 00:00:25,496 you're starting at $1.4, easy. 9 00:00:25,497 --> 00:00:28,656 - Better news... I'll hire you. - I'm staying. 10 00:00:28,657 --> 00:00:29,657 Still, Wendy's 11 00:00:29,657 --> 00:00:30,000 making things difficult for you. 12 00:00:30,000 --> 00:00:30,667 Making things difficult for you. 13 00:00:30,668 --> 00:00:32,616 Why is she still working there? 14 00:00:32,617 --> 00:00:34,476 We started to discuss it. 15 00:00:34,477 --> 00:00:35,596 I've been working there since before we were married 16 00:00:35,597 --> 00:00:37,566 and long before you were in office. 17 00:00:37,567 --> 00:00:39,586 Your value to the firm is absolute. 18 00:00:39,587 --> 00:00:40,627 Stick with me. 19 00:00:42,497 --> 00:00:44,516 I don't wanna be out of line, 20 00:00:44,517 --> 00:00:46,456 but you might wanna consider recusing from this case. 21 00:00:46,457 --> 00:00:48,576 The conflict of interest... It's gonna be an issue. 22 00:00:48,577 --> 00:00:49,616 So what's the minimum investment 23 00:00:49,617 --> 00:00:51,456 for family and friends? 24 00:00:51,457 --> 00:00:53,616 I promised I wouldn't take any money away from Axe. 25 00:00:53,617 --> 00:00:54,676 What if he never finds out? 26 00:00:54,677 --> 00:00:56,506 If they bring an action, 27 00:00:56,507 --> 00:00:58,536 the whole strategy becomes about leveraging a settlement. 28 00:00:58,537 --> 00:00:59,586 I'd never settle. 29 00:00:59,587 --> 00:01:00,000 William Stearn, you are under arrest... 30 00:01:00,000 --> 00:01:00,577 William Stearn, you are under arrest... 31 00:01:00,578 --> 00:01:01,656 Lawyer. 32 00:01:01,657 --> 00:01:03,526 For insider trading and securities fraud. 33 00:01:03,527 --> 00:01:04,556 - Lawyer. - You have the right... 34 00:01:04,557 --> 00:01:06,497 - Lawyer. - To remain silent. 35 00:01:12,617 --> 00:01:15,587 ♪ Theme music ♪ 36 00:01:36,657 --> 00:01:40,636 Go on ahead. Right through there. 37 00:01:40,637 --> 00:01:43,607 ♪ Tense music ♪ 38 00:01:59,507 --> 00:02:00,000 Hello? 39 00:02:00,000 --> 00:02:01,000 Hello? 40 00:02:08,457 --> 00:02:09,676 You came. 41 00:02:09,677 --> 00:02:11,506 Did I have a choice? 42 00:02:11,507 --> 00:02:12,657 You always have a choice. 43 00:02:30,477 --> 00:02:31,597 Come in. 44 00:02:57,527 --> 00:02:59,999 It's been a weird couple of days. 45 00:03:00,000 --> 00:03:01,566 It's been a weird couple of days. 46 00:03:01,567 --> 00:03:02,627 Yeah. 47 00:03:16,657 --> 00:03:19,457 ♪ Tense music ♪ 48 00:03:24,687 --> 00:03:27,506 Hello. 49 00:03:27,507 --> 00:03:29,999 Did you strike a blow for justice today, Mr. Rhoades? 50 00:03:30,000 --> 00:03:30,497 Did you strike a blow for justice today, Mr. Rhoades? 51 00:03:30,498 --> 00:03:31,616 I do believe we did. 52 00:03:31,617 --> 00:03:32,656 You organized this 53 00:03:32,657 --> 00:03:34,566 and then made sure I wasn't there when it happened. 54 00:03:34,567 --> 00:03:35,626 You're welcome. 55 00:03:35,627 --> 00:03:37,686 Did you consider for a second what that was gonna do to me? 56 00:03:37,687 --> 00:03:38,687 Should I go? 57 00:03:38,687 --> 00:03:39,647 - Yes! - Yes. 58 00:03:39,648 --> 00:03:42,497 Okay. 59 00:03:43,577 --> 00:03:45,576 My name, my absence when it happened 60 00:03:45,577 --> 00:03:47,486 puts me under suspicion there forever. 61 00:03:47,487 --> 00:03:48,616 What should I have done? 62 00:03:48,617 --> 00:03:52,566 Told you so that you could be there for an arrest? 63 00:03:52,567 --> 00:03:55,556 And if you had been there, you'd be even more pissed off. 64 00:03:55,557 --> 00:03:57,466 You don't think so, but I know it. 65 00:03:57,467 --> 00:03:58,546 At least then they wouldn't think I knew it was coming. 66 00:03:58,547 --> 00:03:59,999 Oh, they all know it was coming. 67 00:04:00,000 --> 00:04:00,577 Oh, they all know it was coming. 68 00:04:00,578 --> 00:04:02,467 It's Judgment Day. 69 00:04:04,497 --> 00:04:07,506 My office is taking an action, and there's nothing 70 00:04:07,507 --> 00:04:09,556 that you or anybody there can do about it. 71 00:04:09,557 --> 00:04:11,686 And when that action is finished, it will be the end. 72 00:04:11,687 --> 00:04:14,506 There will be nothing left. 73 00:04:14,507 --> 00:04:15,646 So what they think of you, 74 00:04:15,647 --> 00:04:17,646 you can see how that might not matter so much. 75 00:04:17,647 --> 00:04:19,556 It's my job. 76 00:04:19,557 --> 00:04:21,486 You're beautiful and talented, 77 00:04:21,487 --> 00:04:22,666 and I'm sure you'll land on your feet. 78 00:04:22,667 --> 00:04:24,647 Fuck you. 79 00:04:26,677 --> 00:04:29,999 Get Emi Kenyon back in here! 80 00:04:30,000 --> 00:04:31,120 Get Emi Kenyon back in here! 81 00:04:43,637 --> 00:04:45,547 Hello? 82 00:05:07,517 --> 00:05:11,556 Yesterday, this company came under attack 83 00:05:11,557 --> 00:05:14,556 by an unscrupulous adversary 84 00:05:14,557 --> 00:05:16,646 who will stop at nothing 85 00:05:16,647 --> 00:05:19,456 to abuse the authority of the state, 86 00:05:19,457 --> 00:05:20,606 take away our freedoms, 87 00:05:20,607 --> 00:05:22,556 and close our doors forever. 88 00:05:22,557 --> 00:05:24,456 - And it left us all 89 00:05:24,457 --> 00:05:26,516 - wondering one thing... 90 00:05:26,517 --> 00:05:29,557 - What happens next? 91 00:05:34,457 --> 00:05:37,646 Dollar Bill Stearn. 92 00:05:37,647 --> 00:05:40,507 Stingiest multimillionaire on the planet. 93 00:05:41,617 --> 00:05:43,647 Better get ready to pay full price. 94 00:05:47,567 --> 00:05:49,576 Insider trading, securities fraud, 95 00:05:49,577 --> 00:05:52,576 conspiracy, wire fraud. What are we up to? 96 00:05:52,577 --> 00:05:54,526 Uh, 12-year prison term. 97 00:05:54,527 --> 00:05:55,566 Mm. 98 00:05:55,567 --> 00:05:56,606 $9 million fine, 99 00:05:56,607 --> 00:05:58,646 plus civil when it moves to SEC. 100 00:05:58,647 --> 00:05:59,999 Jesus, that's pricey, and that's just the beginning. 101 00:06:00,000 --> 00:06:02,456 Jesus, that's pricey, and that's just the beginning. 102 00:06:02,457 --> 00:06:04,516 They came for Dollar Bill yesterday, 103 00:06:04,517 --> 00:06:07,496 but it was an attack on all of us. 104 00:06:07,497 --> 00:06:08,526 - Right. Right. - Yeah. 105 00:06:08,527 --> 00:06:09,556 - That's right. - Yeah. 106 00:06:09,557 --> 00:06:11,546 - And I feel it. Do you? - Uh-huh. 107 00:06:11,547 --> 00:06:12,636 Yeah. 108 00:06:12,637 --> 00:06:14,466 Any one of us could be next. 109 00:06:14,467 --> 00:06:15,556 We're with you, Bobby! 110 00:06:15,557 --> 00:06:17,457 - Yeah! 111 00:06:21,677 --> 00:06:23,556 Do you think this makes me happy, Bill? 112 00:06:23,557 --> 00:06:25,536 You don't need to answer that. 113 00:06:25,537 --> 00:06:26,586 - You happy, Bryan? - Yeah, I'm... 114 00:06:26,587 --> 00:06:27,616 - Right? 115 00:06:27,617 --> 00:06:29,686 It doesn't feel right. It doesn't feel fair. 116 00:06:29,687 --> 00:06:30,000 Why you? Why are you sitting in that chair... 117 00:06:30,001 --> 00:06:34,546 Why you? Why are you sitting in that chair... 118 00:06:34,547 --> 00:06:35,656 and not somebody else? 119 00:06:35,657 --> 00:06:38,536 - Today... 120 00:06:38,537 --> 00:06:41,496 we are standing at the precipice. 121 00:06:41,497 --> 00:06:43,606 Today is one day after. 122 00:06:43,607 --> 00:06:48,536 You have one chance to avoid a cell. 123 00:06:48,537 --> 00:06:50,477 Give me Axelrod. 124 00:06:52,467 --> 00:06:54,686 The day after Pearl Harbor, 125 00:06:54,687 --> 00:06:57,586 everybody knew a Japanese invasion would be coming. 126 00:06:57,587 --> 00:06:59,999 Air raid wardens. Anti-aircraft artillery. 127 00:07:00,000 --> 00:07:00,627 Air raid wardens. Anti-aircraft artillery. 128 00:07:00,628 --> 00:07:02,526 Cities blacked out. 129 00:07:02,527 --> 00:07:04,676 Mothers and fathers staying by the door 130 00:07:04,677 --> 00:07:08,506 with baseball bats and kitchen knives, 131 00:07:08,507 --> 00:07:12,466 bellies full of fear of the invading hordes. 132 00:07:12,467 --> 00:07:14,596 I know what he means to you. 133 00:07:14,597 --> 00:07:18,636 I know you're a loyal man, and I admire that. 134 00:07:18,637 --> 00:07:22,586 But this is what you know. 135 00:07:22,587 --> 00:07:26,466 You know he's crooked, and you know he's going down. 136 00:07:26,467 --> 00:07:28,676 But everyone was wrong. 137 00:07:28,677 --> 00:07:29,999 What happened on American soil next? 138 00:07:30,000 --> 00:07:31,466 What happened on American soil next? 139 00:07:31,467 --> 00:07:32,586 Nothing. 140 00:07:32,587 --> 00:07:34,506 That's right. 141 00:07:34,507 --> 00:07:36,456 The invasion never came. 142 00:07:36,457 --> 00:07:37,486 Turned out Pearl Harbor was the best 143 00:07:37,487 --> 00:07:39,477 those sneak attacking motherfuckers had. 144 00:07:41,677 --> 00:07:44,656 I have the men. I have the tools. 145 00:07:44,657 --> 00:07:47,586 I have the will. 146 00:07:47,587 --> 00:07:49,686 Now if it's not you, it'll be someone else. 147 00:07:49,687 --> 00:07:52,586 I'll go through your shop, one PM at a time, 148 00:07:52,587 --> 00:07:54,486 pick up every piece of rotten fruit 149 00:07:54,487 --> 00:07:56,646 and squeeze until the juice comes out. 150 00:07:56,647 --> 00:07:59,456 You know. 151 00:07:59,457 --> 00:08:00,000 You know. 152 00:08:00,001 --> 00:08:01,576 You know. 153 00:08:01,577 --> 00:08:04,486 So you can cooperate and walk out of here free, 154 00:08:04,487 --> 00:08:07,547 or you can go to jail for no good reason. 155 00:08:09,557 --> 00:08:12,516 You have one chance to make this deal. 156 00:08:12,517 --> 00:08:14,536 A deal won't be on the table tomorrow. 157 00:08:14,537 --> 00:08:18,506 What came next was a war 158 00:08:18,507 --> 00:08:20,676 that unleashed the might of America. 159 00:08:20,677 --> 00:08:24,616 What came next was a victory that left us 160 00:08:24,617 --> 00:08:27,466 as the most powerful nation on Earth. 161 00:08:27,467 --> 00:08:28,467 Fuck, yeah! 162 00:08:33,607 --> 00:08:36,526 No deal. 163 00:08:36,527 --> 00:08:39,556 - This company... 164 00:08:39,557 --> 00:08:43,456 This company will not wait for an uncertain future. 165 00:08:43,457 --> 00:08:46,506 - We will make our own future! 166 00:08:46,507 --> 00:08:49,526 We will fight back hard. 167 00:08:49,527 --> 00:08:51,576 We will mobilize the war machine. 168 00:08:51,577 --> 00:08:53,646 And those who would try to bring down our house 169 00:08:53,647 --> 00:08:55,637 will see their own houses fall! 170 00:09:10,487 --> 00:09:14,457 The case against my client is entirely without merit. 171 00:09:16,567 --> 00:09:21,656 Bill Stearn bribed a company official 172 00:09:21,657 --> 00:09:24,546 in exchange for material inside information. 173 00:09:24,547 --> 00:09:27,466 - It does not get any clearer. 174 00:09:27,467 --> 00:09:29,999 He became friends with a farmer working at a company he covers. 175 00:09:30,000 --> 00:09:31,616 He became friends with a farmer working at a company he covers. 176 00:09:31,617 --> 00:09:35,466 He was so moved by the plight of that man's daughter 177 00:09:35,467 --> 00:09:38,616 that he arranged transportation and medical care for her. 178 00:09:38,617 --> 00:09:41,566 Now if you can convince a jury of citizens 179 00:09:41,567 --> 00:09:44,586 that paying to save the life of a sick child 180 00:09:44,587 --> 00:09:47,456 constitutes an illegal benefit, 181 00:09:47,457 --> 00:09:49,487 then you should go ahead and take us to trial. 182 00:09:52,577 --> 00:09:54,666 My client has no interest in cooperation, 183 00:09:54,667 --> 00:09:57,507 no interest in a plea... 184 00:10:02,637 --> 00:10:06,627 And he does not recognize your authority. 185 00:10:09,457 --> 00:10:11,607 - What the fuck does that mean? 186 00:10:14,667 --> 00:10:17,646 Liquidate 2% of the fund immediately. 187 00:10:17,647 --> 00:10:19,466 That's our war chest. 188 00:10:19,467 --> 00:10:22,486 $300 million. Nice rack. Legal defense is paid for. 189 00:10:22,487 --> 00:10:23,626 How many billions are out the door 190 00:10:23,627 --> 00:10:25,466 at the first redemption? 191 00:10:25,467 --> 00:10:27,516 You should gate the whole damn fund 192 00:10:27,517 --> 00:10:28,677 before they start a run on... 193 00:10:41,477 --> 00:10:43,686 We're fucked. 194 00:10:43,687 --> 00:10:46,476 That's not the impression you gave out there. 195 00:10:46,477 --> 00:10:47,576 Pretty tough talk. 196 00:10:47,577 --> 00:10:49,526 You think I'm overreacting? 197 00:10:49,527 --> 00:10:52,566 I think... open war isn't good. 198 00:10:52,567 --> 00:10:54,597 - For who? - For anyone. 199 00:10:59,547 --> 00:11:00,000 I think your whole mentality right now is a mistake. 200 00:11:00,001 --> 00:11:03,516 I think your whole mentality right now is a mistake. 201 00:11:03,517 --> 00:11:04,517 You're not accepting 202 00:11:04,518 --> 00:11:05,666 that certain things are out of your control. 203 00:11:05,667 --> 00:11:07,486 Damn right I'm not. 204 00:11:07,487 --> 00:11:10,516 And it's causing you to lose more control. 205 00:11:10,517 --> 00:11:12,636 If you wanna get it back, if you really wanna survive this thing, 206 00:11:12,637 --> 00:11:15,576 then you may need to set aside the piece of you that's... 207 00:11:15,577 --> 00:11:18,526 raging, and do something 208 00:11:18,527 --> 00:11:19,686 that makes you a little uncomfortable. 209 00:11:19,687 --> 00:11:24,587 ♪ Tense music ♪ 210 00:11:27,577 --> 00:11:29,616 - He's not gonna flip? - No, he will, 211 00:11:29,617 --> 00:11:30,000 because you're gonna make it happen. All of you. 212 00:11:30,001 --> 00:11:32,646 Because you're gonna make it happen. All of you. 213 00:11:32,647 --> 00:11:35,566 Everything you have on him, get underneath it. 214 00:11:35,567 --> 00:11:37,506 Not the what... the why. 215 00:11:37,507 --> 00:11:40,486 What motivates him. Fears. Goals. 216 00:11:40,487 --> 00:11:41,566 Scars. 217 00:11:41,567 --> 00:11:45,546 He has a weak point, and we need to twist a knife in it. 218 00:11:45,547 --> 00:11:47,576 Is there something else? 219 00:11:47,577 --> 00:11:49,606 We know how Axelrod's operation works. 220 00:11:49,607 --> 00:11:51,486 He keeps himself insulated. 221 00:11:51,487 --> 00:11:52,566 Is there a point you're trying to make? 222 00:11:52,567 --> 00:11:54,686 Some random PM at Axe Cap isn't gonna have the goods. 223 00:11:54,687 --> 00:11:57,486 We need inner circle. Bill Stearn is our best shot. 224 00:11:57,487 --> 00:11:59,556 Is this something you think I don't understand? 225 00:11:59,557 --> 00:12:00,000 Hey, I just don't want Axe to walk away 226 00:12:00,001 --> 00:12:01,486 Hey, I just don't want Axe to walk away 227 00:12:01,487 --> 00:12:03,636 with a fine and a family office like Birch. 228 00:12:03,637 --> 00:12:07,686 Is that what you think I'm doing? No. 229 00:12:07,687 --> 00:12:09,686 Axe is no ordinary billionaire. 230 00:12:09,687 --> 00:12:12,586 He's not Steven fucking Birch. 231 00:12:12,587 --> 00:12:15,636 He's an icon of the wealth of our age, 232 00:12:15,637 --> 00:12:18,536 and he is a fraud. 233 00:12:18,537 --> 00:12:21,636 So when he falls, he's gonna hit the ground hard. 234 00:12:21,637 --> 00:12:24,616 Skilling got 14 years for Enron. I'm gonna beat that. 235 00:12:24,617 --> 00:12:27,486 I just wanna take this one to trial, let the jury decide. 236 00:12:27,487 --> 00:12:29,999 We're gonna put him in a cell, and everyone is gonna see... 237 00:12:30,000 --> 00:12:30,627 We're gonna put him in a cell, and everyone is gonna see... 238 00:12:30,628 --> 00:12:33,676 In Washington, in the fucking press... 239 00:12:33,677 --> 00:12:35,626 There's no better defender of the public trust 240 00:12:35,627 --> 00:12:37,506 - than this office. 241 00:12:37,507 --> 00:12:39,506 They'll say Chuck Rhoades did that, 242 00:12:39,507 --> 00:12:41,586 and no one is out of his reach. 243 00:12:41,587 --> 00:12:45,637 - You're damn skippy they will. 244 00:12:59,507 --> 00:13:00,000 Lara. 245 00:13:00,000 --> 00:13:00,557 Lara. 246 00:13:00,558 --> 00:13:02,456 You shouldn't be here. 247 00:13:02,457 --> 00:13:05,467 Come in quickly. I think they're watching the house. 248 00:13:09,467 --> 00:13:11,476 They went through everything. 249 00:13:11,477 --> 00:13:14,456 They broke Bill's home office... The door, in half. 250 00:13:14,457 --> 00:13:16,606 And I was getting the key. Look at this. 251 00:13:16,607 --> 00:13:18,656 All our accounts are frozen. 252 00:13:18,657 --> 00:13:20,556 They didn't even wipe their feet. 253 00:13:20,557 --> 00:13:23,586 Sandy, stay strong, okay? 254 00:13:23,587 --> 00:13:25,517 It's a difficult time for everyone. 255 00:13:27,677 --> 00:13:29,999 You brought muffins? 256 00:13:30,000 --> 00:13:31,477 You brought muffins? 257 00:13:45,537 --> 00:13:46,686 This is your mortgage, property tax, 258 00:13:46,687 --> 00:13:50,476 insurance, school tuition, and that's for your foundation. 259 00:13:50,477 --> 00:13:53,636 Everything is taken care of, for as long as this lasts. 260 00:13:53,637 --> 00:13:56,687 Thank you. Thank you so much. 261 00:14:01,587 --> 00:14:05,657 ♪ Tense music ♪ 262 00:14:08,567 --> 00:14:09,586 Here. 263 00:14:09,587 --> 00:14:11,547 - Want a taste? 264 00:14:12,657 --> 00:14:14,567 It's like whiskey dipped in milk chocolate. 265 00:14:15,627 --> 00:14:17,586 Are we celebrating something? 266 00:14:17,587 --> 00:14:21,686 Mm-hmm. I want to apologize. 267 00:14:21,687 --> 00:14:25,576 I was a big, puckered asshole yesterday. 268 00:14:25,577 --> 00:14:27,606 I had no right to talk to you that way. 269 00:14:27,607 --> 00:14:29,647 I'll drink to that. 270 00:14:42,457 --> 00:14:43,536 Oh, wow. 271 00:14:43,537 --> 00:14:45,536 Right? 272 00:14:45,537 --> 00:14:49,587 Yeah, the Taiwanese do it better than the Scots these days. 273 00:14:51,457 --> 00:14:53,676 - How would you talk to me? 274 00:14:53,677 --> 00:14:57,656 If you had a do-over. 275 00:14:57,657 --> 00:14:59,666 What would you say? 276 00:14:59,667 --> 00:15:00,000 I don't want to have this fight again. 277 00:15:00,001 --> 00:15:01,536 I don't want to have this fight again. 278 00:15:01,537 --> 00:15:03,526 Then let's not fight. Let's talk. 279 00:15:03,527 --> 00:15:06,496 No posturing. No bullshit. 280 00:15:06,497 --> 00:15:07,577 Okay. 281 00:15:08,607 --> 00:15:11,456 Right. 282 00:15:11,457 --> 00:15:12,646 What do you want to know? 283 00:15:12,647 --> 00:15:16,556 Why are you going after him so hard? Why Axe? 284 00:15:16,557 --> 00:15:19,526 For the same reason my office does anything. 285 00:15:19,527 --> 00:15:21,646 He broke the law. He cheated. 286 00:15:21,647 --> 00:15:23,616 Then why you? 287 00:15:23,617 --> 00:15:26,617 How many cases are you this involved with personally? 288 00:15:28,567 --> 00:15:29,656 I don't know. Uh, four, five. 289 00:15:29,657 --> 00:15:30,000 Why does this have to be one of them? 290 00:15:30,001 --> 00:15:31,646 Why does this have to be one of them? 291 00:15:31,647 --> 00:15:34,486 Why don't you recuse yourself? 292 00:15:34,487 --> 00:15:35,566 - Out of the question. - Why? 293 00:15:35,567 --> 00:15:37,656 Because I owe it to my team. I owe it to the public. 294 00:15:37,657 --> 00:15:40,486 It's my responsibility to prosecute. 295 00:15:40,487 --> 00:15:43,546 - It doesn't have to be you. 296 00:15:43,547 --> 00:15:44,686 Give the case to Bryan Connerty alone, 297 00:15:44,687 --> 00:15:46,666 or the Eastern District. 298 00:15:46,667 --> 00:15:50,566 This case? 299 00:15:50,567 --> 00:15:54,516 SEC, Eastern, uh, State AG... 300 00:15:54,517 --> 00:15:58,546 They have been whispering about Axelrod for years, waiting. 301 00:15:58,547 --> 00:15:59,666 I'm the one that stood up. 302 00:15:59,667 --> 00:16:00,000 I'm the only one that did something. 303 00:16:00,001 --> 00:16:01,636 I'm the only one that did something. 304 00:16:01,637 --> 00:16:04,466 This is an action against me. 305 00:16:04,467 --> 00:16:05,566 - Do you understand? 306 00:16:05,567 --> 00:16:09,486 Do you? Because this is bigger than you. 307 00:16:09,487 --> 00:16:10,596 It's bigger than me. 308 00:16:10,597 --> 00:16:14,456 He runs more money than the GDP of a European nation. 309 00:16:14,457 --> 00:16:17,636 He's untouchable, and I have him dead to rights. 310 00:16:17,637 --> 00:16:19,666 You may think you do, but you don't. 311 00:16:19,667 --> 00:16:22,486 Really? What makes you so sure? 312 00:16:22,487 --> 00:16:23,686 - Because... 313 00:16:23,687 --> 00:16:25,556 I have never seen him like this. 314 00:16:25,557 --> 00:16:28,556 He is digging trenches and laying wire, 315 00:16:28,557 --> 00:16:29,999 and he will scorch the earth under our feet. 316 00:16:30,000 --> 00:16:30,647 And he will scorch the earth under our feet. 317 00:16:30,648 --> 00:16:32,536 Tell me more about what he's doing. 318 00:16:32,537 --> 00:16:33,596 I can't go further. 319 00:16:33,597 --> 00:16:36,606 And it's wrong of you to push. I took an oath. 320 00:16:36,607 --> 00:16:40,466 Me, too. And that's why I can't recuse myself. 321 00:16:40,467 --> 00:16:42,556 Yes, you can. 322 00:16:42,557 --> 00:16:43,607 You just won't. 323 00:16:55,677 --> 00:16:58,566 - Ahh. 324 00:16:58,567 --> 00:16:59,999 ♪ Dramatic music ♪ 325 00:17:00,000 --> 00:17:01,537 ♪ dramatic music ♪ 326 00:17:30,607 --> 00:17:33,576 We've gone down this road, backwards and sideways. 327 00:17:33,577 --> 00:17:35,496 Now we gotta do it on our hands and knees. 328 00:17:35,497 --> 00:17:36,536 That's a fun image. 329 00:17:36,537 --> 00:17:37,666 I don't even know what we're looking for anymore. 330 00:17:37,667 --> 00:17:40,536 - He's gotta be hiding something. 331 00:17:40,537 --> 00:17:42,686 I've never seen anybody so clean in his world. 332 00:17:42,687 --> 00:17:44,456 Ah, except for, you know, 333 00:17:44,457 --> 00:17:45,616 the bribery and securities fraud. 334 00:17:45,617 --> 00:17:47,546 Ah, he might not think it's illegal. 335 00:17:47,547 --> 00:17:50,546 He might be right. The courts keep moving the goalposts. 336 00:17:50,547 --> 00:17:51,586 Yeah, I know what they tell themselves. 337 00:17:51,587 --> 00:17:54,456 I've been to those Sohn conferences, too. 338 00:17:54,457 --> 00:17:57,516 "Capitalism is under siege." 339 00:17:57,517 --> 00:17:59,999 All those guys think if you can't prove they did the murder, 340 00:18:00,000 --> 00:18:01,456 All those guys think if you can't prove they did the murder, 341 00:18:01,457 --> 00:18:02,626 then they're not a killer. 342 00:18:02,627 --> 00:18:05,506 Don't fucking kid yourself. 343 00:18:05,507 --> 00:18:07,506 They're only players 'cause they rigged the game. 344 00:18:07,507 --> 00:18:08,537 Of course. 345 00:18:10,627 --> 00:18:12,627 Huh? 346 00:18:14,627 --> 00:18:17,457 Hmm? That's all I got. 347 00:18:18,178 --> 00:18:19,686 Greedy or cheap, it's a fine line. 348 00:18:19,687 --> 00:18:21,646 What are his greatest hits, Terri? 349 00:18:21,647 --> 00:18:26,536 Uh, reusing paper towels. $1 taco night at Acapulco's. 350 00:18:26,537 --> 00:18:28,526 No Benz, no Audi. 351 00:18:28,527 --> 00:18:29,999 Just two identical Honda minivans. 352 00:18:30,000 --> 00:18:31,546 Just two identical Honda minivans. 353 00:18:31,547 --> 00:18:33,556 Who the fuck has two minivans? 354 00:18:33,557 --> 00:18:36,506 - One in beige, one in... - boring. 355 00:18:36,507 --> 00:18:38,527 Nobody. 356 00:18:39,667 --> 00:18:42,596 Nobody has two minivans. That's it. 357 00:18:42,597 --> 00:18:44,717 There's something there, and we need to find out what. 358 00:18:45,657 --> 00:18:49,556 We're gonna bleed out. 359 00:18:49,557 --> 00:18:51,476 We'll be a family office by the end of the year, 360 00:18:51,477 --> 00:18:52,616 by SEC mandate or not. 361 00:18:52,617 --> 00:18:54,456 We need to take action. 362 00:18:54,457 --> 00:18:55,576 We need to cut through the chatter. 363 00:18:55,577 --> 00:18:56,636 We need to get it out there... 364 00:18:56,637 --> 00:18:58,666 Rhoades has no case, he'll be laughed out of court. 365 00:18:58,667 --> 00:18:59,999 You know that doesn't matter. 366 00:19:00,000 --> 00:19:00,597 You know that doesn't matter. 367 00:19:00,598 --> 00:19:02,476 The smoke is enough to choke you. 368 00:19:02,477 --> 00:19:03,556 There doesn't need to be a fire. 369 00:19:03,557 --> 00:19:04,586 I don't accept that. 370 00:19:04,587 --> 00:19:07,536 Why not embrace this? 371 00:19:07,537 --> 00:19:09,676 We'll be a killer family office. 372 00:19:09,677 --> 00:19:11,686 We can downsize the staff. 373 00:19:11,687 --> 00:19:13,626 I can't stand half the people here anyway. 374 00:19:13,627 --> 00:19:17,537 Never. I need outside capital. 375 00:19:18,687 --> 00:19:20,676 Why? 376 00:19:20,677 --> 00:19:22,656 You have billions in assets to invest 377 00:19:22,657 --> 00:19:24,636 without a penny of outside money, 378 00:19:24,637 --> 00:19:26,636 and no one to answer to. 379 00:19:26,637 --> 00:19:28,606 I'll be dead to the world. 380 00:19:28,607 --> 00:19:29,999 I'll be called a cheat. Humiliated. 381 00:19:30,000 --> 00:19:30,567 I'll be called a cheat. Humiliated. 382 00:19:30,568 --> 00:19:33,516 Another rich dick playing the market with his own money. 383 00:19:33,517 --> 00:19:36,536 But you'll be the biggest dick. And it's so much money. 384 00:19:36,537 --> 00:19:38,507 Wags... 385 00:19:40,587 --> 00:19:42,546 What we need is a public endorsement, 386 00:19:42,547 --> 00:19:45,646 from the prime brokers... D-Bank, Citi, JP. 387 00:19:45,647 --> 00:19:47,686 - All of them? - No. There's only one 388 00:19:47,687 --> 00:19:50,507 that matters... Spartan-Ives. 389 00:19:52,687 --> 00:19:55,556 What would you want Lawrence Boyd to say? 390 00:19:55,557 --> 00:19:58,486 That he believes Axe Capital to be a reputable company, 391 00:19:58,487 --> 00:19:59,999 and we're gonna continue to do business together. 392 00:20:00,000 --> 00:20:00,527 And we're gonna continue to do business together. 393 00:20:00,528 --> 00:20:03,546 Yeah, that's never gonna happen. 394 00:20:03,547 --> 00:20:04,627 Make it happen. 395 00:20:10,457 --> 00:20:13,486 What about a dog whistle? 396 00:20:13,487 --> 00:20:14,616 They're seen together, photographed, 397 00:20:14,617 --> 00:20:16,576 Boyd's arm around you at the Met. 398 00:20:16,577 --> 00:20:18,466 No, not fancy. 399 00:20:18,467 --> 00:20:22,556 A game, at the Stadium or at his box at Barclays. 400 00:20:22,557 --> 00:20:25,596 Boyd's touch is the healing waters of Lourdes. 401 00:20:25,597 --> 00:20:26,686 Cleaner than a maiden's honor. 402 00:20:26,687 --> 00:20:28,666 Get me in those waters. 403 00:20:28,667 --> 00:20:29,999 Both minivans registered to Bill Stearn 404 00:20:30,000 --> 00:20:31,536 Both minivans registered to Bill Stearn 405 00:20:31,537 --> 00:20:33,556 under the same group insurance policy. 406 00:20:33,557 --> 00:20:34,576 But one of 'em... 407 00:20:34,577 --> 00:20:36,456 EZ Pass records track it all over New Jersey, 408 00:20:36,457 --> 00:20:37,576 never Connecticut. 409 00:20:37,577 --> 00:20:40,496 Speeding ticket from 2013 led to the Saddle River address. 410 00:20:40,497 --> 00:20:43,526 You went there? This is for real? 411 00:20:43,527 --> 00:20:45,477 We've fucking got him. 412 00:20:55,467 --> 00:20:57,686 - 601 Tanbark Trail. 413 00:20:57,687 --> 00:20:59,596 That supposed to mean something? 414 00:20:59,597 --> 00:21:00,000 How many days a week do you stay over there? 415 00:21:00,001 --> 00:21:01,646 How many days a week do you stay over there? 416 00:21:01,647 --> 00:21:04,546 I'm guessing 3.5. He's very meticulous. 417 00:21:04,547 --> 00:21:05,686 I try to be fair. 418 00:21:05,687 --> 00:21:07,566 He tell you? 419 00:21:07,567 --> 00:21:09,666 Bill Stearn has a second family. 420 00:21:09,667 --> 00:21:11,666 Two kids with a mistress in Saddle River, New Jersey. 421 00:21:11,667 --> 00:21:13,506 He's a family man. 422 00:21:13,507 --> 00:21:15,616 I wanna know how the hell you have the time 423 00:21:15,617 --> 00:21:17,556 to bribe farmers, manipulate the market, 424 00:21:17,557 --> 00:21:20,466 and coach two travel baseball teams? 425 00:21:20,467 --> 00:21:21,636 Timmy's in the spring, Carson's in the fall. 426 00:21:21,637 --> 00:21:23,596 I try to be fair. 427 00:21:23,597 --> 00:21:28,646 I want to know, how would Sandy react if she heard this? 428 00:21:28,647 --> 00:21:29,999 She must be very fragile these days since your arrest. 429 00:21:30,000 --> 00:21:33,496 She must be very fragile these days since your arrest. 430 00:21:33,497 --> 00:21:36,686 ♪ Tense music ♪ 431 00:21:36,687 --> 00:21:39,566 Getting the photo stream in her in-box... 432 00:21:39,567 --> 00:21:44,516 all those happy pictures of you and Carson and Anna... 433 00:21:44,517 --> 00:21:48,686 With a woman ten years younger than her... 434 00:21:48,687 --> 00:21:50,667 Well, that might just break her. 435 00:21:58,607 --> 00:21:59,999 I knew you'd come with that. 436 00:22:00,000 --> 00:22:01,120 I knew you'd come with that. 437 00:22:02,567 --> 00:22:05,657 I wrote a letter to my wife, the whole story. 438 00:22:10,587 --> 00:22:12,587 I just sent it. 439 00:22:14,517 --> 00:22:15,606 Uh... 440 00:22:15,607 --> 00:22:20,546 You just blew up your family... 441 00:22:20,547 --> 00:22:22,596 for Bobby Axelrod? 442 00:22:22,597 --> 00:22:25,617 I'm Keyser Soze, motherfucker. 443 00:22:32,607 --> 00:22:36,616 - Ohh. 444 00:22:36,617 --> 00:22:38,676 Worst part of these sessions. 445 00:22:38,677 --> 00:22:41,487 I've got a small bladder. 446 00:22:43,477 --> 00:22:44,506 What is it with these guys? 447 00:22:44,507 --> 00:22:47,486 What... what is it about the cult of Bobby Axelrod 448 00:22:47,487 --> 00:22:50,456 that makes them wanna immolate themselves? 449 00:22:50,457 --> 00:22:52,606 You wouldn't understand. 450 00:22:52,607 --> 00:22:54,577 You're a lawyer. Persuade me. 451 00:22:56,477 --> 00:22:57,566 You're at the mercy of politics. 452 00:22:57,567 --> 00:22:59,596 Loyalty is a convenience. 453 00:22:59,597 --> 00:23:00,000 People turn on each other every election cycle. 454 00:23:00,001 --> 00:23:02,566 People turn on each other every election cycle. 455 00:23:02,567 --> 00:23:05,616 You do your three or five or ten years here, 456 00:23:05,617 --> 00:23:08,596 then you flip to our side, cash seven figures 457 00:23:08,597 --> 00:23:11,556 from the same big funds you're trying to bring down. 458 00:23:11,557 --> 00:23:13,576 For true believers like you, 459 00:23:13,577 --> 00:23:17,457 it's the worst 'cause you never see it coming. 460 00:23:18,657 --> 00:23:21,496 That's the problem with being a cynic. It blinds you. 461 00:23:21,497 --> 00:23:23,686 You think everybody's as cynical as you. 462 00:23:23,687 --> 00:23:27,616 Axe's guys, they're in it for life. 463 00:23:27,617 --> 00:23:29,486 Bill Stearn couldn't walk down the street 464 00:23:29,487 --> 00:23:30,000 if he sold out his friends. 465 00:23:30,000 --> 00:23:30,687 If he sold out his friends. 466 00:23:30,688 --> 00:23:35,606 Guys who talk in their world may avoid a few years in a cell, 467 00:23:35,607 --> 00:23:39,496 but they're dead forever. 468 00:23:39,497 --> 00:23:41,566 See you soon, I guess... 469 00:23:41,567 --> 00:23:44,666 when Chuck comes at Axe with some lame fine, 470 00:23:44,667 --> 00:23:48,587 because obviously you've got nothing. 471 00:23:50,587 --> 00:23:52,586 No, not this time. 472 00:23:52,587 --> 00:23:53,596 Not Axe. 473 00:23:53,597 --> 00:23:55,556 This is personal for Chuck. 474 00:23:55,557 --> 00:23:57,596 The whole city puts your boy on a pedestal. 475 00:23:57,597 --> 00:23:59,496 But he doesn't... He doesn't make anything. 476 00:23:59,497 --> 00:24:00,000 He doesn't do anything. 477 00:24:00,000 --> 00:24:00,667 He doesn't do anything. 478 00:24:00,668 --> 00:24:04,586 He's nothing but a filthy money pig. 479 00:24:04,587 --> 00:24:05,676 And I can see why he'd wanna make a deal, 480 00:24:05,677 --> 00:24:08,626 because he knows we're coming, 481 00:24:08,627 --> 00:24:10,546 and we will follow him till the end of the fucking Earth 482 00:24:10,547 --> 00:24:13,546 until he's walking in shackles. 483 00:24:13,547 --> 00:24:15,627 You know you just work here, right? 484 00:24:23,537 --> 00:24:26,476 - Lara, hi. - Hi. 485 00:24:26,477 --> 00:24:27,526 How is everything? 486 00:24:27,527 --> 00:24:29,516 - Great. - Good. 487 00:24:29,517 --> 00:24:30,000 Yeah, you know, we should get the kids together this Saturday. 488 00:24:30,000 --> 00:24:30,677 Yeah, you know, we should get the kids together this Saturday. 489 00:24:30,678 --> 00:24:33,596 Sure, at the Bancroft twins' party. 490 00:24:33,597 --> 00:24:34,686 Right. Party. 491 00:24:34,687 --> 00:24:36,556 In Montauk. 492 00:24:36,557 --> 00:24:39,626 Yes, of course. I forgot it was this weekend. 493 00:24:39,627 --> 00:24:41,456 - Right. - I'll see you there. 494 00:24:41,457 --> 00:24:42,657 All right, I'll see you there. 495 00:24:48,687 --> 00:24:51,476 Hey, take it easy! 496 00:24:51,477 --> 00:24:54,626 You're at 120 feet per minute. You're gonna blow an Achilles! 497 00:24:54,627 --> 00:24:56,577 Aah! 498 00:24:58,477 --> 00:24:59,616 - What's wrong? 499 00:24:59,617 --> 00:25:00,000 - I'll be right back. 500 00:25:00,001 --> 00:25:01,647 - I'll be right back. 501 00:25:03,537 --> 00:25:07,606 ♪ Pulsing dramatic music ♪ 502 00:25:07,607 --> 00:25:09,636 Hey, I'm not getting anywhere with Lawrence Boyd. 503 00:25:09,637 --> 00:25:12,516 - The problem is... - Solve it. 504 00:25:12,517 --> 00:25:15,456 All those years of thought and planning and calculation 505 00:25:15,457 --> 00:25:16,636 that you and he put in are for nothing, 506 00:25:16,637 --> 00:25:18,656 and there's a high probability that it does go wrong. 507 00:25:18,657 --> 00:25:23,486 So it's in both your interests to... 508 00:25:23,487 --> 00:25:24,567 I'll have to call you back. 509 00:25:34,567 --> 00:25:37,566 You took $250,000 out of the fund. 510 00:25:37,567 --> 00:25:39,606 Why does it bother you? I still have $3 million in. 511 00:25:39,607 --> 00:25:41,456 Why'd you take it out? 512 00:25:41,457 --> 00:25:45,486 It's my money. I can do whatever I want with it. 513 00:25:45,487 --> 00:25:46,656 Or can't I? 514 00:25:46,657 --> 00:25:50,516 Dollar Bill earned a $10 million bonus last year. 515 00:25:50,517 --> 00:25:52,676 You know how much he took out? 2 grand. 516 00:25:52,677 --> 00:25:54,576 You've known about this for weeks. 517 00:25:54,577 --> 00:25:55,666 You're bringing it up now because 518 00:25:55,667 --> 00:25:57,626 you wanna know something. What is it you wanna know? 519 00:25:57,627 --> 00:25:59,677 Why don't you take it all out? 520 00:26:03,637 --> 00:26:05,616 I am not my husband. 521 00:26:05,617 --> 00:26:07,636 And I am not going to be the shuttlecock 522 00:26:07,637 --> 00:26:11,657 that you two smack back and forth. 523 00:26:15,507 --> 00:26:16,606 You two just sniffed each other one day 524 00:26:16,607 --> 00:26:18,576 and decided you didn't like the smell. 525 00:26:18,577 --> 00:26:23,456 So now you think you have to do this thing, but you don't. 526 00:26:23,457 --> 00:26:25,667 You don't have to do it. 527 00:26:49,547 --> 00:26:51,506 Dollar Bill is hard, man. 528 00:26:51,507 --> 00:26:53,496 Inspiring. 529 00:26:53,497 --> 00:26:55,506 He makes me wanna lose 30 pounds 530 00:26:55,507 --> 00:26:59,999 and stockpile automatic weapons to protect all my sister-wives. 531 00:27:00,000 --> 00:27:00,467 And stockpile automatic weapons to protect all my sister-wives. 532 00:27:00,468 --> 00:27:01,626 - Will he be exonerated? 533 00:27:01,627 --> 00:27:03,586 It's the government. 534 00:27:03,587 --> 00:27:05,466 If he is, it'll be in five years, 535 00:27:05,467 --> 00:27:08,596 and no one will remember it. 536 00:27:08,597 --> 00:27:10,556 Look... 537 00:27:10,557 --> 00:27:11,686 just because he's not cooperating 538 00:27:11,687 --> 00:27:14,496 doesn't mean they can't tie you to Pepsum, 539 00:27:14,497 --> 00:27:18,476 doesn't mean they can't get you on something else. 540 00:27:18,477 --> 00:27:21,556 But we have an opportunity now to broach a deal. 541 00:27:21,557 --> 00:27:22,586 I'll never settle. 542 00:27:22,587 --> 00:27:27,556 No. Now's the time you drop that. 543 00:27:27,557 --> 00:27:29,999 Chuck's guy, Connerty... 544 00:27:30,000 --> 00:27:30,627 Chuck's guy, Connerty... 545 00:27:30,628 --> 00:27:32,686 He's rattled. 546 00:27:32,687 --> 00:27:34,566 They're weak. 547 00:27:34,567 --> 00:27:36,456 And I think we could get a deal 548 00:27:36,457 --> 00:27:38,596 that would be very, very good for you. 549 00:27:38,597 --> 00:27:42,456 Look, guys try to sell me deals all day. 550 00:27:42,457 --> 00:27:43,526 I decide when they're good. 551 00:27:43,527 --> 00:27:45,556 The one I bring you will be the best one 552 00:27:45,557 --> 00:27:48,476 that'll ever on the table, 553 00:27:48,477 --> 00:27:50,566 'cause that's what I do all day. 554 00:27:50,567 --> 00:27:52,666 - I see that. 555 00:27:52,667 --> 00:27:55,626 And it won't really hurt you, grand scheme, 556 00:27:55,627 --> 00:27:57,656 other than emotionally. 557 00:27:57,657 --> 00:27:59,999 It'll seem like a win to them, and they stop. 558 00:28:00,000 --> 00:28:00,497 It'll seem like a win to them, and they stop. 559 00:28:00,498 --> 00:28:04,457 Give them more time, who knows what they'll find? 560 00:28:06,487 --> 00:28:07,656 I didn't do anything 561 00:28:07,657 --> 00:28:10,626 that anybody else in my business doesn't do. 562 00:28:10,627 --> 00:28:12,516 I just did it better. 563 00:28:12,517 --> 00:28:14,516 And I will not tar myself with an admission of guilt 564 00:28:14,517 --> 00:28:15,646 - over some... - You wouldn't plead guilty. 565 00:28:15,647 --> 00:28:20,676 Any success that his bullshit investigation yields is toxic. 566 00:28:20,677 --> 00:28:25,606 He cannot just walk around using rumor and hearsay 567 00:28:25,607 --> 00:28:27,526 and destroy lives and businesses. 568 00:28:27,527 --> 00:28:29,999 I won't allow it. That needs to be the message. 569 00:28:30,000 --> 00:28:30,597 I won't allow it. That needs to be the message. 570 00:28:30,598 --> 00:28:32,616 - He's got nothing. 571 00:28:32,617 --> 00:28:33,656 Billionaires all over the world 572 00:28:33,657 --> 00:28:35,466 are trying to bring me down every day. 573 00:28:35,467 --> 00:28:37,466 This guy? He can't even bring me to trial. 574 00:28:37,467 --> 00:28:39,536 He has failed at his job. 575 00:28:39,537 --> 00:28:40,676 Why the hell would I give him a win? 576 00:28:40,677 --> 00:28:45,626 What win? It's your win. 577 00:28:45,627 --> 00:28:47,556 You go free. 578 00:28:47,557 --> 00:28:49,486 You pay a fine, 579 00:28:49,487 --> 00:28:51,656 get busted down to a family office. 580 00:28:51,657 --> 00:28:55,486 That's nothing. It's headed that way anyway, isn't it? 581 00:28:55,487 --> 00:28:56,497 No! 582 00:29:01,457 --> 00:29:03,496 Adam. 583 00:29:03,497 --> 00:29:05,466 What brings you to our fair city, sir? 584 00:29:05,467 --> 00:29:06,666 I'm giving the commencement at Columbia Law. 585 00:29:06,667 --> 00:29:09,676 Ah. I gave that speech two years ago. 586 00:29:09,677 --> 00:29:11,606 You need some tips? 587 00:29:11,607 --> 00:29:15,586 Hey, congrats on getting Steve Birch. 588 00:29:15,587 --> 00:29:18,526 - That's a solid double. 589 00:29:18,527 --> 00:29:20,466 Axelrod... 590 00:29:20,467 --> 00:29:21,506 that's bigger. 591 00:29:21,507 --> 00:29:22,616 You speaking for the Attorney General 592 00:29:22,617 --> 00:29:24,476 or is this off the cuff? 593 00:29:24,477 --> 00:29:26,456 I speak for everyone. 594 00:29:26,457 --> 00:29:27,546 It's fundraising season. 595 00:29:27,547 --> 00:29:29,476 The administration needs Wall Street money to compete. 596 00:29:29,477 --> 00:29:30,000 Nobody wants this to look like some kind of crusade. 597 00:29:30,001 --> 00:29:31,616 Nobody wants this to look like some kind of crusade. 598 00:29:31,617 --> 00:29:32,626 I'm doing my job. 599 00:29:32,627 --> 00:29:34,546 I don't think about what it looks like. 600 00:29:34,547 --> 00:29:36,466 Well, the AG does. 601 00:29:36,467 --> 00:29:37,596 I see. 602 00:29:37,597 --> 00:29:38,666 We feel... or she feels... 603 00:29:38,667 --> 00:29:40,596 That your investigation is problematic, 604 00:29:40,597 --> 00:29:42,626 given your personal connection to Axe Capital. 605 00:29:42,627 --> 00:29:44,586 I mean, the optics are bad. That article... 606 00:29:44,587 --> 00:29:47,466 Has no basis in fact. 607 00:29:47,467 --> 00:29:50,596 The idea, the very concept that I would be soft on Axe Capital 608 00:29:50,597 --> 00:29:51,666 because my wife works there, 609 00:29:51,667 --> 00:29:53,566 I'm going to erase that very, very quickly. 610 00:29:53,567 --> 00:29:55,516 I have. An arrest was made. 611 00:29:55,517 --> 00:29:58,476 Okay, so maybe you targeted Axelrod because she works there, 612 00:29:58,477 --> 00:29:59,999 - which is fucked up. 613 00:30:00,000 --> 00:30:00,477 - Which is fucked up. 614 00:30:00,478 --> 00:30:01,646 First, I'm too soft. Now I'm too tough. 615 00:30:01,647 --> 00:30:04,486 Uh, which is it, Goldilocks? 616 00:30:04,487 --> 00:30:07,556 Both. Either. I don't care. The point is, she works there. 617 00:30:07,557 --> 00:30:08,646 That's what they're gonna be writing about. 618 00:30:08,647 --> 00:30:10,456 And Axelrod will be paying an army of white-shoe lawyers 619 00:30:10,457 --> 00:30:11,676 - $1,000 an hour... 620 00:30:11,677 --> 00:30:12,677 to come up with a thousand different ways 621 00:30:12,678 --> 00:30:14,596 to yell "conflict of interest." 622 00:30:14,597 --> 00:30:16,506 This is my office. 623 00:30:16,507 --> 00:30:18,606 I have broad discretion to pursue any actions 624 00:30:18,607 --> 00:30:20,476 exactly the way I see fit. 625 00:30:20,477 --> 00:30:22,596 Of course. The AG doesn't care about one case. 626 00:30:22,597 --> 00:30:24,476 She's thinking globally here. 627 00:30:24,477 --> 00:30:26,606 She's into movements, like a maestro. 628 00:30:26,607 --> 00:30:28,676 But a lost case is still a wrong note. 629 00:30:28,677 --> 00:30:29,999 I've never lost a case. 630 00:30:30,000 --> 00:30:31,546 I've never lost a case. 631 00:30:31,547 --> 00:30:33,596 And I'm sure you won't lose this one. 632 00:30:33,597 --> 00:30:35,466 If that conviction gets kicked on appeal 633 00:30:35,467 --> 00:30:37,606 because you didn't recuse yourself, well... 634 00:30:37,607 --> 00:30:38,676 even if you win, you lose. 635 00:30:38,677 --> 00:30:40,466 Does the Attorney General want me removed? 636 00:30:40,467 --> 00:30:42,466 - She just wants you to be right. 637 00:30:42,467 --> 00:30:44,616 You do what you're gonna do, Chuck. Just be right. 638 00:30:44,617 --> 00:30:45,666 I gotta grab this. 639 00:30:45,667 --> 00:30:48,596 - Yes? 640 00:30:48,597 --> 00:30:50,457 Fucking maestro. 641 00:30:55,647 --> 00:30:58,526 Get ready to head to Brooklyn. 642 00:30:58,527 --> 00:30:59,686 Tonight's the night of your baptism 643 00:30:59,687 --> 00:31:00,000 at the church of Barclays. 644 00:31:00,001 --> 00:31:02,566 At the church of Barclays. 645 00:31:02,567 --> 00:31:05,506 Lawrence Boyd has invited you to his box. 646 00:31:05,507 --> 00:31:07,616 Washed in the blood of the lamb, baby. 647 00:31:07,617 --> 00:31:08,636 How'd it go down? 648 00:31:08,637 --> 00:31:10,486 Uh, maitre d' at a place I go 649 00:31:10,487 --> 00:31:12,526 had $1,000 on him to tell me when Boyd came in. 650 00:31:12,527 --> 00:31:16,486 Sent over a '61 Château Latour and picked up his dinner, 651 00:31:16,487 --> 00:31:17,616 courtesy of Bobby Axelrod. 652 00:31:17,617 --> 00:31:19,677 - Well played. - I have my moments. 653 00:31:30,567 --> 00:31:33,536 How you holding up? 654 00:31:33,537 --> 00:31:35,576 My lawyer today told me they don't have a case against me, 655 00:31:35,577 --> 00:31:37,576 but I should still settle. 656 00:31:37,577 --> 00:31:38,637 Can you believe that? 657 00:31:39,687 --> 00:31:42,506 Yeah. 658 00:31:42,507 --> 00:31:43,566 I'm guessing you don't mean that 659 00:31:43,567 --> 00:31:44,656 in a "fucking lawyers" kind of way. 660 00:31:44,657 --> 00:31:47,616 I think you have the best fucking lawyers. 661 00:31:47,617 --> 00:31:49,666 They know the law like you know the market. 662 00:31:49,667 --> 00:31:51,556 And if they're giving you a piece of advice, 663 00:31:51,557 --> 00:31:53,486 I think you should consider it. 664 00:31:53,487 --> 00:31:56,516 Wow. How does Chuck Rhoades terrify everybody so much? 665 00:31:56,517 --> 00:31:58,636 I don't give a shit about Chuck Rhoades. 666 00:31:58,637 --> 00:31:59,999 I care about protecting this family. 667 00:32:00,000 --> 00:32:02,536 I care about protecting this family. 668 00:32:02,537 --> 00:32:04,606 We're gonna be pariahs. 669 00:32:04,607 --> 00:32:07,506 The kids got uninvited to the Bancroft party, 670 00:32:07,507 --> 00:32:10,506 and nothing's even happened yet. 671 00:32:10,507 --> 00:32:13,506 So if there is even close to an easy way out of this, 672 00:32:13,507 --> 00:32:14,586 I hope you would take it. 673 00:32:14,587 --> 00:32:16,466 Since when do I take the easy way out? 674 00:32:16,467 --> 00:32:18,506 This isn't some stock play. 675 00:32:18,507 --> 00:32:19,666 It's no different. 676 00:32:19,667 --> 00:32:22,486 It's all about tolerance and risk. 677 00:32:22,487 --> 00:32:24,606 Look, you don't win, you don't get to where I am 678 00:32:24,607 --> 00:32:26,586 without tolerating a lot of risk. 679 00:32:26,587 --> 00:32:29,626 We. Where we are. 680 00:32:29,627 --> 00:32:30,000 This is real, Bobby. You're risking our lives. 681 00:32:30,001 --> 00:32:32,576 This is real, Bobby. You're risking our lives. 682 00:32:32,577 --> 00:32:34,666 You could go to jail. We could lose everything. 683 00:32:34,667 --> 00:32:36,646 And you can make it all go away and you won't? 684 00:32:36,647 --> 00:32:38,586 I can't. Not like that. 685 00:32:38,587 --> 00:32:39,626 Why not? 686 00:32:39,627 --> 00:32:41,616 Because I don't get on bended knee 687 00:32:41,617 --> 00:32:43,476 and pledge fealty to the king. 688 00:32:43,477 --> 00:32:45,496 It's not who I am. It's not who you married. 689 00:32:45,497 --> 00:32:47,556 Well, that's just fucking stupid. 690 00:32:47,557 --> 00:32:49,666 The ground is shifting, and you don't even see it. 691 00:32:49,667 --> 00:32:51,626 Or you refuse to see it. 692 00:32:51,627 --> 00:32:53,606 But if this were some stock play, 693 00:32:53,607 --> 00:32:55,516 it wouldn't be about pride. 694 00:32:55,517 --> 00:32:57,516 You'd have already cut your losses. 695 00:32:57,517 --> 00:32:59,636 Lara, the ground is shifting because I'm the one moving it. 696 00:32:59,637 --> 00:33:00,000 Lawrence Boyd invited me to his box today. 697 00:33:00,001 --> 00:33:02,606 Lawrence Boyd invited me to his box today. 698 00:33:02,607 --> 00:33:04,676 That tells the Street, tells the world, 699 00:33:04,677 --> 00:33:07,556 that my stock, our stock, is about to rally 700 00:33:07,557 --> 00:33:09,607 because Spartan-Ives does not back a loser. 701 00:33:16,617 --> 00:33:19,457 I gotta go to work. 702 00:33:24,507 --> 00:33:27,516 I know for a fact Garth Sykes is dumping Axe. 703 00:33:27,517 --> 00:33:29,646 - Mm. - Moving over to Vista Verde. 704 00:33:29,647 --> 00:33:30,000 So there is blood in the water. It's a thing of beauty. 705 00:33:30,001 --> 00:33:34,526 So there is blood in the water. It's a thing of beauty. 706 00:33:34,527 --> 00:33:36,546 I guess the invisible hand of the market 707 00:33:36,547 --> 00:33:38,566 is, uh, pushing him off a cliff. 708 00:33:38,567 --> 00:33:41,516 I would kill for a window 709 00:33:41,517 --> 00:33:43,656 into the panic flowing through that place. 710 00:33:43,657 --> 00:33:45,606 Charles, be sensitive. 711 00:33:45,607 --> 00:33:47,466 Axe must take three sessions 712 00:33:47,467 --> 00:33:49,536 just to make it through a day, huh? 713 00:33:49,537 --> 00:33:51,566 Ugh. They're Neanderthals. 714 00:33:51,567 --> 00:33:54,646 It's the hormones. It makes their brains seem small. 715 00:33:54,647 --> 00:33:57,676 It's all right, Ellen. It is a difficult time. 716 00:33:57,677 --> 00:33:59,999 And it's going to get worse before it gets better. 717 00:34:00,000 --> 00:34:01,960 And it's going to get worse before it gets better. 718 00:34:05,557 --> 00:34:08,606 I don't understand why you can't smoke in the house. 719 00:34:08,607 --> 00:34:10,476 I don't smoke. 720 00:34:10,477 --> 00:34:13,557 You're not allowed to, you mean? 721 00:34:14,637 --> 00:34:17,557 I pretty much do what I want. 722 00:34:18,657 --> 00:34:20,597 - Maybe not as much as you. 723 00:34:22,537 --> 00:34:25,657 - Mm. 724 00:34:30,547 --> 00:34:32,646 Getting him to take the plea deal... 725 00:34:32,647 --> 00:34:35,576 That's the trick. 726 00:34:35,577 --> 00:34:38,486 A big settlement that'll hurt him, 727 00:34:38,487 --> 00:34:39,616 get him off of outside money. 728 00:34:39,617 --> 00:34:41,586 What makes you think I would settle? 729 00:34:41,587 --> 00:34:43,626 My desktop calendar. 730 00:34:43,627 --> 00:34:46,506 A conviction could take years. 731 00:34:46,507 --> 00:34:48,576 You don't want it to be your successor that gets the credit. 732 00:34:48,577 --> 00:34:53,486 No, I'll be on the podium for this. 733 00:34:53,487 --> 00:34:57,626 Son, has your vision of the future changed? 734 00:34:57,627 --> 00:34:59,666 Or is it just my vision? 735 00:34:59,667 --> 00:35:00,000 Because after... after that short squeeze incident... 736 00:35:00,001 --> 00:35:02,686 Because after... after that short squeeze incident... 737 00:35:02,687 --> 00:35:05,536 and I understand that I put you in a bad position. 738 00:35:05,537 --> 00:35:06,627 I understand that. 739 00:35:07,647 --> 00:35:11,626 Your performance left me more convinced than ever 740 00:35:11,627 --> 00:35:14,456 of your greatness. 741 00:35:14,457 --> 00:35:18,586 There is no high office in the land you could not attain. 742 00:35:18,587 --> 00:35:21,626 - Okay, Dad, I appreciate... - But if you want that, 743 00:35:21,627 --> 00:35:25,536 you have to think about things in a certain way. 744 00:35:25,537 --> 00:35:29,466 I didn't when I was younger, and it cost me. 745 00:35:29,467 --> 00:35:30,000 You can't allow yourself 746 00:35:30,001 --> 00:35:31,626 You can't allow yourself 747 00:35:31,627 --> 00:35:35,656 to get drawn in to an unwinnable fight. 748 00:35:35,657 --> 00:35:38,566 And I won't. 749 00:35:38,567 --> 00:35:41,486 Victory will be swift, Dad. 750 00:35:41,487 --> 00:35:45,516 No. Be realistic. 751 00:35:45,517 --> 00:35:47,556 This guy is gearing up... 752 00:35:47,557 --> 00:35:49,506 for trench warfare. 753 00:35:49,507 --> 00:35:52,517 ♪ Dramatic music ♪ 754 00:35:55,597 --> 00:35:57,597 You've been talking to Wendy, haven't you? 755 00:36:00,587 --> 00:36:03,506 Well, you're the one who's always telling me 756 00:36:03,507 --> 00:36:06,597 that she has your best interests at heart. 757 00:36:15,607 --> 00:36:17,566 What the hell was that? 758 00:36:17,567 --> 00:36:20,566 You've twisted my father into carrying your water now? 759 00:36:20,567 --> 00:36:23,606 He called. I told him what I think. 760 00:36:23,607 --> 00:36:25,476 He agreed with me. 761 00:36:25,477 --> 00:36:28,527 That I should settle, huh? 762 00:36:30,687 --> 00:36:33,456 Nice try. 763 00:36:33,457 --> 00:36:36,526 You want me to think that, uh, you're trying to save your job? 764 00:36:36,527 --> 00:36:37,676 Really, you're trying to save Axelrod. 765 00:36:37,677 --> 00:36:40,676 I am trying to save you 766 00:36:40,677 --> 00:36:42,646 and me and him... 767 00:36:42,647 --> 00:36:44,647 - and your father. 768 00:36:47,527 --> 00:36:49,567 Do you trust me? 769 00:36:52,537 --> 00:36:54,456 Just because I trust you 770 00:36:54,457 --> 00:36:57,656 doesn't mean I think you're right. 771 00:36:57,657 --> 00:36:59,999 Ask me anything. 772 00:37:00,000 --> 00:37:01,536 Ask me anything. 773 00:37:01,537 --> 00:37:03,656 Are you gonna open up the book on Axe for me? 774 00:37:03,657 --> 00:37:05,566 The whole way? 775 00:37:05,567 --> 00:37:09,476 - What about the oath? - What do you want to know? 776 00:37:09,477 --> 00:37:10,556 What's he thinking right now? What's he doing? 777 00:37:10,557 --> 00:37:12,616 He's looking for a win. 778 00:37:12,617 --> 00:37:15,686 Always. He needs to find at least a small win 779 00:37:15,687 --> 00:37:18,496 in every endeavor, every exchange. 780 00:37:18,497 --> 00:37:19,656 What happens if he can't find one? 781 00:37:19,657 --> 00:37:22,456 Then he'll play a different game, 782 00:37:22,457 --> 00:37:23,536 with different rules... Ones you don't know, 783 00:37:23,537 --> 00:37:26,476 no one knows, where... 784 00:37:26,477 --> 00:37:28,676 he can make your loss bigger than his loss. 785 00:37:28,677 --> 00:37:29,999 A lose-lose scenario. And that doesn't bother him? 786 00:37:30,000 --> 00:37:32,496 A lose-lose scenario. And that doesn't bother him? 787 00:37:32,497 --> 00:37:34,686 Of course it does, but Axe came from nothing. 788 00:37:34,687 --> 00:37:36,596 So unconsciously, he fears... 789 00:37:36,597 --> 00:37:41,676 No, he may even expect he'll have nothing again. 790 00:37:41,677 --> 00:37:44,546 So he... 791 00:37:44,547 --> 00:37:50,576 loves to put that same fear into others, 792 00:37:50,577 --> 00:37:52,567 especially if they're not familiar with it. 793 00:38:00,497 --> 00:38:02,636 Like the Eads family. 794 00:38:02,637 --> 00:38:04,606 The naming rights? I heard about that. 795 00:38:04,607 --> 00:38:08,466 But that's just the part of him I know... 796 00:38:08,467 --> 00:38:10,576 that he's allowed me to see. 797 00:38:10,577 --> 00:38:12,626 But you know him better than anybody. 798 00:38:12,627 --> 00:38:16,537 Well, I think I do, but I'm not really sure anyone can. 799 00:38:20,597 --> 00:38:22,667 He's most likely ahead of you... 800 00:38:24,627 --> 00:38:26,556 Especially when it looks like he's not. 801 00:38:26,557 --> 00:38:29,576 And if he does go down, he will pull you down with him. 802 00:38:29,577 --> 00:38:30,000 I'm not afraid to prosecute anybody. 803 00:38:30,001 --> 00:38:31,516 I'm not afraid to prosecute anybody. 804 00:38:31,517 --> 00:38:32,686 Okay, it's not about that. 805 00:38:32,687 --> 00:38:34,616 It's about you being your alpha self, 806 00:38:34,617 --> 00:38:36,526 not letting him pull you out of your game. 807 00:38:36,527 --> 00:38:38,686 That's his goal in all his deals... 808 00:38:38,687 --> 00:38:41,617 Get under their skin, get them to make a mistake. 809 00:38:43,677 --> 00:38:47,686 If this was a different case, uh, at this stage, 810 00:38:47,687 --> 00:38:50,636 I would pursue a plea agreement. 811 00:38:50,637 --> 00:38:53,476 You would. 812 00:38:53,477 --> 00:38:55,476 It's a cardinal rule... You don't trust your career 813 00:38:55,477 --> 00:38:59,496 in the hands of a jury of 12 random crazy people 814 00:38:59,497 --> 00:39:00,000 who might decide a case based on a wink and a smile 815 00:39:00,001 --> 00:39:01,606 who might decide a case based on a wink and a smile 816 00:39:01,607 --> 00:39:04,496 and not the law, 817 00:39:04,497 --> 00:39:06,657 which they can't fucking understand in the first place. 818 00:39:08,607 --> 00:39:10,566 ♪ Tense music ♪ 819 00:39:10,567 --> 00:39:12,606 Would he take a deal? 820 00:39:12,607 --> 00:39:15,526 He'd settle if he thought it was a win. 821 00:39:15,527 --> 00:39:17,506 If he thought he tricked you, even better. 822 00:39:17,507 --> 00:39:18,676 The only deal with teeth 823 00:39:18,677 --> 00:39:21,536 would have to take him out of business forever. 824 00:39:21,537 --> 00:39:22,686 That's the only deal he would never take. 825 00:39:22,687 --> 00:39:26,576 Would he take a family office? Would he admit guilt? 826 00:39:26,577 --> 00:39:28,496 Why don't you ask his lawyer? 827 00:39:28,497 --> 00:39:29,999 No, they have to come to me. 828 00:39:30,000 --> 00:39:31,566 No, they have to come to me. 829 00:39:31,567 --> 00:39:36,516 If they come to me, then it's on my terms. 830 00:39:36,517 --> 00:39:39,676 I can get him to come to you. 831 00:39:39,677 --> 00:39:42,626 Are you sure? 832 00:39:42,627 --> 00:39:43,656 I mean... 833 00:39:43,657 --> 00:39:46,636 what if the Axe we're dealing with now... 834 00:39:46,637 --> 00:39:49,537 What if that's the part of him you don't know about? 835 00:40:07,657 --> 00:40:10,456 What happened? 836 00:40:10,457 --> 00:40:13,476 Well, Lawrence Boyd sent me the message. 837 00:40:13,477 --> 00:40:16,467 He pissed right in my face. 838 00:40:22,507 --> 00:40:24,666 Holy shit. Bobby Axelrod! 839 00:40:24,667 --> 00:40:27,516 Can I get a selfie? I'll get mad followers on my Instagram. 840 00:40:27,517 --> 00:40:29,476 He didn't show. 841 00:40:29,477 --> 00:40:30,000 The room was full of 20-year-old dipshits. 842 00:40:30,001 --> 00:40:32,636 The room was full of 20-year-old dipshits. 843 00:40:32,637 --> 00:40:34,517 It was mailroom night. 844 00:40:39,517 --> 00:40:41,577 Well, what the hell do we do now? 845 00:40:43,607 --> 00:40:44,656 It's worse than I thought. 846 00:40:44,657 --> 00:40:46,596 That's why we're standing here. 847 00:40:46,597 --> 00:40:48,626 I didn't think it would go like this, 848 00:40:48,627 --> 00:40:52,526 this fast. 849 00:40:52,527 --> 00:40:53,546 What's the counter? 850 00:40:53,547 --> 00:40:54,666 It's easy. 851 00:40:54,667 --> 00:40:58,556 Rhoades is vulnerable, exposed. 852 00:40:58,557 --> 00:40:59,999 Conflict of interest. 853 00:41:00,000 --> 00:41:01,636 Conflict of interest. 854 00:41:01,637 --> 00:41:03,536 Wendy. 855 00:41:03,537 --> 00:41:06,606 I make it look like she's involved. 856 00:41:06,607 --> 00:41:09,516 Fraud, embezzlement. 857 00:41:09,517 --> 00:41:10,616 Or maybe she's having an affair... 858 00:41:10,617 --> 00:41:14,516 with Bill Stearn. 859 00:41:14,517 --> 00:41:17,476 - With you, even. 860 00:41:17,477 --> 00:41:19,677 Watch how fast the case goes away. 861 00:41:21,677 --> 00:41:24,527 I'll let you know. 862 00:41:29,517 --> 00:41:30,000 He's working out of the office today. 863 00:41:30,001 --> 00:41:31,516 He's working out of the office today. 864 00:41:31,517 --> 00:41:32,626 Will you tell him I need to talk? 865 00:41:32,627 --> 00:41:34,646 In person. It's important. 866 00:41:34,647 --> 00:41:37,616 Of course. 867 00:41:37,617 --> 00:41:39,526 You're gonna give him a deal? 868 00:41:39,527 --> 00:41:40,656 You're gonna fucking let him walk? 869 00:41:40,657 --> 00:41:43,606 If Axelrod comes to the table, we'll see what we can get. 870 00:41:43,607 --> 00:41:44,676 It's the smart way to go. 871 00:41:44,677 --> 00:41:48,466 That's not what you said two days ago. What happened? 872 00:41:48,467 --> 00:41:50,606 I changed my mind. 873 00:41:50,607 --> 00:41:54,526 Y... Ah, this is fucking Birch all over again. 874 00:41:54,527 --> 00:41:56,626 I didn't come here and sacrifice real money 875 00:41:56,627 --> 00:41:57,646 to let these guys write 876 00:41:57,647 --> 00:41:59,636 their own "get out of jail free" cards. 877 00:41:59,637 --> 00:42:00,000 Was it... Is that all just bullshit posturing? Why?! 878 00:42:00,001 --> 00:42:02,546 Was it... Is that all just bullshit posturing? Why?! 879 00:42:02,547 --> 00:42:03,687 Because you don't have him! 880 00:42:06,577 --> 00:42:07,687 Give me more time. 881 00:42:09,597 --> 00:42:12,626 And I will build this case into a fucking guillotine 882 00:42:12,627 --> 00:42:14,476 and drop the blade. 883 00:42:14,477 --> 00:42:15,606 It's too late. We went into his house 884 00:42:15,607 --> 00:42:20,566 and, uh... we shit the bed. 885 00:42:20,567 --> 00:42:23,476 Every day I don't bring charges, we lose leverage, 886 00:42:23,477 --> 00:42:24,556 and the deal gets better for him. 887 00:42:24,557 --> 00:42:27,486 So, uh, take the rest of the day off. 888 00:42:27,487 --> 00:42:28,626 Or better yet, wait by the phone 889 00:42:28,627 --> 00:42:29,999 for his people to reach out. 890 00:42:30,000 --> 00:42:32,497 For his people to reach out. 891 00:42:41,627 --> 00:42:43,457 Hello, Wendy. 892 00:42:46,497 --> 00:42:47,606 Have we met? 893 00:42:47,607 --> 00:42:51,496 No. And we still haven't. 894 00:42:51,497 --> 00:42:54,496 If you wanna talk to him, get in. 895 00:42:54,497 --> 00:42:57,616 ♪ Tense music ♪ 896 00:42:57,617 --> 00:42:58,667 Where are we going? 897 00:43:20,487 --> 00:43:22,666 We have to take precautions. 898 00:43:22,667 --> 00:43:25,517 There's a protocol. 899 00:43:38,517 --> 00:43:41,546 It's been a weird couple of days. 900 00:43:41,547 --> 00:43:43,586 Yeah. 901 00:43:43,587 --> 00:43:46,646 It's hard to be sure about anything... 902 00:43:46,647 --> 00:43:48,536 anyone. 903 00:43:48,537 --> 00:43:51,566 I understand. 904 00:43:51,567 --> 00:43:55,636 I need to understand something, too. 905 00:43:55,637 --> 00:43:59,516 That's why we're sitting here like this. 906 00:43:59,517 --> 00:44:00,000 No one listening but us. 907 00:44:00,000 --> 00:44:01,000 No one listening but us. 908 00:44:04,457 --> 00:44:08,466 Have I won your trust? 909 00:44:08,467 --> 00:44:10,516 What do you want to understand? 910 00:44:10,517 --> 00:44:13,677 Why are you sticking around? 911 00:44:17,677 --> 00:44:20,676 I am interested in what that question means to you. 912 00:44:20,677 --> 00:44:22,626 I wanna know... 913 00:44:22,627 --> 00:44:27,656 No, I know, I... you just wanna hear my answer. 914 00:44:27,657 --> 00:44:29,999 I'm not gonna tell you I'm staying because you need me. 915 00:44:30,000 --> 00:44:32,596 I'm not gonna tell you I'm staying because you need me. 916 00:44:32,597 --> 00:44:35,606 Even though you do, more than ever. 917 00:44:35,607 --> 00:44:37,586 And I'm not gonna tell you I'm here for my patients 918 00:44:37,587 --> 00:44:41,476 or because I love my job, even though I do love my job. 919 00:44:41,477 --> 00:44:45,466 And your collection of insecure egomaniacs 920 00:44:45,467 --> 00:44:46,606 would lose a billion a year 921 00:44:46,607 --> 00:44:49,486 if I didn't keep their heads straight. 922 00:44:49,487 --> 00:44:53,586 And I am not going to tell you I'm here spying for Chuck, 923 00:44:53,587 --> 00:44:57,627 Because you know that's total fucking nonsense. 924 00:45:01,567 --> 00:45:02,657 The answer... 925 00:45:05,517 --> 00:45:09,616 My answer is, I'm here for me. 926 00:45:09,617 --> 00:45:12,526 Because I built this company just as much as you did. 927 00:45:12,527 --> 00:45:14,566 That's a bold statement. 928 00:45:14,567 --> 00:45:17,456 That's a true statement. 929 00:45:17,457 --> 00:45:19,636 I put you back together again 930 00:45:19,637 --> 00:45:22,477 when your whole world burned. 931 00:45:26,567 --> 00:45:29,999 And I found meaning in that. 932 00:45:30,000 --> 00:45:30,487 And I found meaning in that. 933 00:45:30,488 --> 00:45:32,456 I still do. 934 00:45:32,457 --> 00:45:34,496 I'm not... 935 00:45:34,497 --> 00:45:37,657 happy here, not always. Not... now. 936 00:45:41,497 --> 00:45:44,576 But meaning matters more to me than happiness. 937 00:45:44,577 --> 00:45:49,606 And I am in this water 938 00:45:49,607 --> 00:45:51,486 because I don't want to see you throw it all anyway 939 00:45:51,487 --> 00:45:52,506 when you don't have to. 940 00:45:52,507 --> 00:45:54,557 I know. 941 00:45:57,627 --> 00:45:59,587 And I don't want us to lose you. 942 00:46:10,627 --> 00:46:13,606 I wanna make a deal. Will he make one? 943 00:46:13,607 --> 00:46:15,687 - Yes. - Will I be able to live with it? 944 00:46:19,547 --> 00:46:21,626 That's up to you. 945 00:46:21,627 --> 00:46:23,657 That has nothing to do with the deal. 946 00:46:38,517 --> 00:46:40,586 How do you feel? 947 00:46:40,587 --> 00:46:42,517 Like somebody else. 948 00:46:44,637 --> 00:46:46,587 What am I gonna say about it? 949 00:46:49,627 --> 00:46:52,537 That I did the right thing. 950 00:46:56,577 --> 00:46:58,657 For all of us. 951 00:47:06,677 --> 00:47:09,506 Adam, hi. 952 00:47:09,507 --> 00:47:13,526 Uh, just wanted to thank you for stopping by the other day. 953 00:47:13,527 --> 00:47:17,566 I thought about what you said, and I'm not gonna recuse myself. 954 00:47:17,567 --> 00:47:20,526 Well, that's unfortunate. 955 00:47:20,527 --> 00:47:22,516 I believe the Greeks call that hamartia. 956 00:47:22,517 --> 00:47:23,666 I disagree, 957 00:47:23,667 --> 00:47:26,576 because I'm not gonna lose, and there will not be an appeal. 958 00:47:26,577 --> 00:47:29,486 Axelrod surrendered. 959 00:47:29,487 --> 00:47:30,000 What? A deal? 960 00:47:30,000 --> 00:47:30,567 What? A deal? 961 00:47:30,568 --> 00:47:32,566 Mm-hmm. Yeah, we have a deal on the table, 962 00:47:32,567 --> 00:47:36,557 a termination, a plea, and $1.9 billion. 963 00:47:38,457 --> 00:47:40,566 Biggest insider fine ever paid. 964 00:47:40,567 --> 00:47:42,516 Anyway, thanks again. 965 00:47:42,517 --> 00:47:44,466 Give my regards to the maestro. 966 00:47:44,467 --> 00:47:46,597 - You got it, Chuck. Good job. 967 00:47:51,507 --> 00:47:54,527 Your father's still holding on the other line. 968 00:47:57,547 --> 00:47:59,476 Dad, hello. 969 00:47:59,477 --> 00:48:00,000 Chuckie boy, I heard. I heard you took him down. 970 00:48:00,001 --> 00:48:02,626 Chuckie boy, I heard. I heard you took him down. 971 00:48:02,627 --> 00:48:06,536 I'm, uh, I'm smoking a cigar for you right now... 972 00:48:06,537 --> 00:48:07,666 as soon as I get outside. 973 00:48:07,667 --> 00:48:09,586 I'm not supposed to in the house now that 974 00:48:09,587 --> 00:48:10,666 your mother heard Wendy's rule. 975 00:48:10,667 --> 00:48:13,636 - But congratulations! 976 00:48:13,637 --> 00:48:15,606 Yeah, we're quite happy with the terms. 977 00:48:15,607 --> 00:48:17,586 - Well, it's the smart play. - Yeah. 978 00:48:17,587 --> 00:48:19,636 And even as a kid, you would never get into a fight 979 00:48:19,637 --> 00:48:21,636 unless you knew you could win it. 980 00:48:21,637 --> 00:48:25,656 Oh, do you remember that Mintz boy? 981 00:48:25,657 --> 00:48:27,606 He was a head taller than you, 982 00:48:27,607 --> 00:48:29,486 probably could've made you eat dirt. 983 00:48:29,487 --> 00:48:30,000 And he left that ball field thinking you were best friends. 984 00:48:30,001 --> 00:48:32,506 And he left that ball field thinking you were best friends. 985 00:48:32,507 --> 00:48:33,576 Okay, Dad, I gotta go. 986 00:48:33,577 --> 00:48:36,506 And then I made sure he didn't get into Dalton. 987 00:48:36,507 --> 00:48:37,617 Goodbye! 988 00:48:41,507 --> 00:48:43,456 Highest fucking fine ever levied... 989 00:48:43,457 --> 00:48:44,676 $1.9 billion. 990 00:48:44,677 --> 00:48:46,476 We got everything we wanted. 991 00:48:46,477 --> 00:48:47,626 Family office. Sure. 992 00:48:47,627 --> 00:48:48,676 - Yeah. - That's worse 993 00:48:48,677 --> 00:48:51,496 - than the fucking fine. 994 00:48:51,497 --> 00:48:53,626 The money I can get back, but not my name. 995 00:48:53,627 --> 00:48:55,596 We'll petition for reinstatement, 996 00:48:55,597 --> 00:48:59,506 after Rhoades leaves, after the White House turns over. 997 00:48:59,507 --> 00:49:00,000 We'll get it. 998 00:49:00,000 --> 00:49:00,587 We'll get it. 999 00:49:00,588 --> 00:49:03,606 You'll be managing outside money again within five years. 1000 00:49:03,607 --> 00:49:07,586 That's five years I'll never get back. 1001 00:49:07,587 --> 00:49:08,626 Where's the silverware? 1002 00:49:08,627 --> 00:49:11,546 No, it's, uh, it's Ethiopian. 1003 00:49:11,547 --> 00:49:15,467 I got you extra injera, and, uh, you use your hands. 1004 00:49:18,627 --> 00:49:22,506 This is an opportunity to be here with us. 1005 00:49:22,507 --> 00:49:24,566 Step it up, Ben Kim. 1006 00:49:24,567 --> 00:49:26,636 Step... it... up. 1007 00:49:26,637 --> 00:49:29,566 Sorry. I'll go... I'll go get some. 1008 00:49:29,567 --> 00:49:30,000 You have it? 1009 00:49:30,001 --> 00:49:31,556 You have it? 1010 00:49:31,557 --> 00:49:33,597 - Right here. 1011 00:49:43,477 --> 00:49:47,567 ♪ Pensive music♪ 1012 00:49:51,597 --> 00:49:54,516 Uh... there's one other thing. 1013 00:49:54,517 --> 00:49:56,526 I do not like other things. 1014 00:49:56,527 --> 00:49:59,999 I sensed a possible waffle on the specifics of the plea. 1015 00:50:00,000 --> 00:50:00,477 I sensed a possible waffle on the specifics of the plea. 1016 00:50:00,478 --> 00:50:02,526 Connerty did commit to a no guilty plea 1017 00:50:02,527 --> 00:50:05,596 but said he would have to reconfirm with Rhoades. 1018 00:50:05,597 --> 00:50:07,566 What could they come with? 1019 00:50:07,567 --> 00:50:10,636 At worst, the company will have to plead guilty to conspiracy. 1020 00:50:10,637 --> 00:50:12,656 - Fuck. - Penalty is the same. 1021 00:50:12,657 --> 00:50:14,607 An admission of guilt? 1022 00:50:17,507 --> 00:50:20,596 If they put that in front of me tomorrow, 1023 00:50:20,597 --> 00:50:22,687 I don't think I can sign it. 1024 00:50:35,527 --> 00:50:36,626 It's gonna be okay. 1025 00:50:36,627 --> 00:50:39,497 Mm. 1026 00:51:06,537 --> 00:51:08,586 They're coming up. 1027 00:51:08,587 --> 00:51:12,537 ♪ Tense music ♪ 1028 00:51:28,497 --> 00:51:29,999 You've been briefed by your lawyers, Mr. Axelrod. 1029 00:51:30,000 --> 00:51:30,507 You've been briefed by your lawyers, Mr. Axelrod. 1030 00:51:30,508 --> 00:51:33,516 We'll try to get you out of here as soon as possible. 1031 00:51:33,517 --> 00:51:36,656 "As part of the proposed global resolution, 1032 00:51:36,657 --> 00:51:39,646 the defendant agrees to an aggregate financial penalty 1033 00:51:39,647 --> 00:51:42,546 of $1.9 billion. 1034 00:51:42,547 --> 00:51:45,606 To the termination of their investment advisory business 1035 00:51:45,607 --> 00:51:47,646 and... 1036 00:51:47,647 --> 00:51:51,547 the company agrees to plead guilty to conspiracy." 1037 00:52:00,547 --> 00:52:02,567 Do we have a deal, Mr. Axelrod? 1038 00:52:15,677 --> 00:52:18,626 Okay. 1039 00:52:18,627 --> 00:52:21,476 Okay. 1040 00:52:21,477 --> 00:52:23,666 Axe Capital accepts such a penalty as 1041 00:52:23,667 --> 00:52:26,506 fair, reasonable, and adequate within the limitations 1042 00:52:26,507 --> 00:52:28,676 Congress has imposed on federal regulators 1043 00:52:28,677 --> 00:52:29,999 to recover investor losses. 1044 00:52:30,000 --> 00:52:31,506 To recover investor losses. 1045 00:52:31,507 --> 00:52:34,636 Bryan... 1046 00:52:34,637 --> 00:52:38,586 didn't he say that he would never settle? 1047 00:52:38,587 --> 00:52:40,596 That's what he's been saying. 1048 00:52:40,597 --> 00:52:42,676 You know, out there, you guys always talk so tough, 1049 00:52:42,677 --> 00:52:46,496 but you always end up in here. 1050 00:52:46,497 --> 00:52:48,646 Why is that? 1051 00:52:48,647 --> 00:52:51,646 Because he knows he's a crook. 1052 00:52:51,647 --> 00:52:54,466 Innocent people would never take a hit like that. 1053 00:52:54,467 --> 00:52:55,656 Beyond the pale. My client... 1054 00:52:55,657 --> 00:52:57,646 You got me, Rhoades. 1055 00:52:57,647 --> 00:52:59,636 $1.9 billion. 1056 00:52:59,637 --> 00:53:00,000 It's gonna hurt. 1057 00:53:00,001 --> 00:53:02,486 It's gonna hurt. 1058 00:53:02,487 --> 00:53:04,566 But not... not like a shark bite. 1059 00:53:04,567 --> 00:53:06,646 It's more like a... what? A bee sting. 1060 00:53:06,647 --> 00:53:10,486 Bee sting? No, that hurts. More like a horse-fly. 1061 00:53:10,487 --> 00:53:11,656 One of those little green horse-flies? 1062 00:53:11,657 --> 00:53:13,486 Yeah, a nasty nip. 1063 00:53:13,487 --> 00:53:15,566 No, more like an ant. Like a red ant. 1064 00:53:15,567 --> 00:53:20,456 Yeah, yeah. Stings for a minute but doesn't ruin the picnic. 1065 00:53:20,457 --> 00:53:23,456 "Plea Agreement is subject to judicial approval, 1066 00:53:23,457 --> 00:53:25,516 pursuant to Rule 11 1067 00:53:25,517 --> 00:53:28,526 of the Federal Rules of Criminal Procedure." 1068 00:53:28,527 --> 00:53:29,999 Actually, it's good to get past this stuff. 1069 00:53:30,000 --> 00:53:30,627 Actually, it's good to get past this stuff. 1070 00:53:30,628 --> 00:53:32,556 You know, just get it out of the way. 1071 00:53:32,557 --> 00:53:35,456 And we can make that $1.9 back in, what, eight months? 1072 00:53:35,457 --> 00:53:36,676 Six. 1073 00:53:36,677 --> 00:53:39,536 The termination of Axe Capital's advisory business 1074 00:53:39,537 --> 00:53:42,456 closes the fund to outside investors. 1075 00:53:42,457 --> 00:53:46,576 Yeah, you can score that one for the superstars over at the SEC. 1076 00:53:46,577 --> 00:53:47,676 As a family office, 1077 00:53:47,677 --> 00:53:50,596 Mr. Axelrod can invest his personal assets... 1078 00:53:50,597 --> 00:53:53,456 No. 1079 00:53:53,457 --> 00:53:56,496 No family office. 1080 00:53:56,497 --> 00:53:57,537 Lifetime ban. 1081 00:54:06,657 --> 00:54:08,636 Put the money in a trust, fine. 1082 00:54:08,637 --> 00:54:11,487 But you never trade securities again. 1083 00:54:14,457 --> 00:54:17,566 Not for institutions, not for individual investors, 1084 00:54:17,567 --> 00:54:19,557 not even for yourself. 1085 00:54:33,587 --> 00:54:37,667 ♪ Dramatic music ♪ 1086 00:54:50,607 --> 00:54:52,677 What the fuck just happened? 1087 00:54:56,677 --> 00:54:59,999 ♪ End of passion play crumbling away ♪ 1088 00:55:00,000 --> 00:55:01,566 ♪ End of passion play crumbling away ♪ 1089 00:55:01,567 --> 00:55:05,556 ♪ I'm your source of self-destruction... ♪ 1090 00:55:05,557 --> 00:55:07,656 - Pull over. - ♪ Veins that pump with fear ♪ 1091 00:55:07,657 --> 00:55:09,686 - ♪ Sucking darkest clear ♪ 1092 00:55:09,687 --> 00:55:12,557 ♪ Leading on your death's construction ♪ 1093 00:55:13,647 --> 00:55:16,486 ♪ Taste me, you will see ♪ 1094 00:55:16,487 --> 00:55:18,496 ♪ More is all you need ♪ 1095 00:55:18,497 --> 00:55:20,546 - ♪ Dedicated to ♪ 1096 00:55:20,547 --> 00:55:22,677 - ♪ How I'm killing you ♪ 1097 00:55:26,677 --> 00:55:29,687 ♪ Come crawling faster ♪ 1098 00:55:31,507 --> 00:55:34,477 ♪ Obey your master ♪ 1099 00:55:35,677 --> 00:55:38,637 ♪ Your life burns faster ♪ 1100 00:55:40,587 --> 00:55:42,637 - ♪ Obey your master ♪ 1101 00:55:48,617 --> 00:55:49,657 I heard. 1102 00:55:52,577 --> 00:55:55,486 How did it happen? 1103 00:55:55,487 --> 00:55:59,486 The moment came and, uh, Axe blew a gasket. 1104 00:55:59,487 --> 00:56:00,000 Took down the whole meeting. 1105 00:56:00,001 --> 00:56:02,506 Took down the whole meeting. 1106 00:56:02,507 --> 00:56:04,496 Tore the check up into tiny pieces. 1107 00:56:04,497 --> 00:56:08,536 I thought he might trash the room on his way out. 1108 00:56:08,537 --> 00:56:11,536 Christ. 1109 00:56:11,537 --> 00:56:14,646 - We're back to this. 1110 00:56:14,647 --> 00:56:16,566 No, it's fucking worse. 1111 00:56:16,567 --> 00:56:20,466 I c... I can't... live in the middle. 1112 00:56:20,467 --> 00:56:23,496 You... you won't. 1113 00:56:23,497 --> 00:56:27,456 I've decided, for the good of our marriage, 1114 00:56:27,457 --> 00:56:29,999 I'm not gonna be a part of the case going forward. 1115 00:56:30,000 --> 00:56:30,687 I'm not gonna be a part of the case going forward. 1116 00:56:30,688 --> 00:56:33,496 - Really? - Mm-hmm. 1117 00:56:33,497 --> 00:56:35,546 I've recused myself. 1118 00:56:35,547 --> 00:56:37,657 I already notified Washington. 1119 00:56:39,657 --> 00:56:43,496 - I am proud of you. - Mm. 1120 00:56:43,497 --> 00:56:45,666 Looking past yourself. 1121 00:56:45,667 --> 00:56:47,496 - Seeing the bigger picture. 1122 00:56:47,497 --> 00:56:48,536 Five years ago, you wouldn't have. 1123 00:56:48,537 --> 00:56:52,567 That... is substantial fucking growth. 1124 00:56:56,457 --> 00:56:57,587 Mmm. 1125 00:57:09,477 --> 00:57:12,666 I gotta go walk the dog. 1126 00:57:12,667 --> 00:57:14,467 Mm. 1127 00:57:16,507 --> 00:57:17,587 I'll be back. 1128 00:57:23,477 --> 00:57:24,666 Thanks for coming out so late. 1129 00:57:24,667 --> 00:57:27,456 Always. 1130 00:57:27,457 --> 00:57:29,526 You're a goddamn hero 1131 00:57:29,527 --> 00:57:30,000 for standing up to those pricks today. 1132 00:57:30,000 --> 00:57:30,667 For standing up to those pricks today. 1133 00:57:30,668 --> 00:57:33,516 Okay. 1134 00:57:33,517 --> 00:57:36,506 You can count on me to finish what you started. 1135 00:57:36,507 --> 00:57:38,516 I'm all in. 1136 00:57:38,517 --> 00:57:39,606 And I'm gonna put a hurt on him 1137 00:57:39,607 --> 00:57:41,466 that he can't buy his way out of. 1138 00:57:41,467 --> 00:57:43,516 Good. I want you to keep me in the loop 1139 00:57:43,517 --> 00:57:45,486 about what you're doing. 1140 00:57:45,487 --> 00:57:48,506 But you're recusing yourself. 1141 00:57:48,507 --> 00:57:50,576 I'm still gonna need you to keep me informed. 1142 00:57:50,577 --> 00:57:53,486 Then you're not really recused. 1143 00:57:53,487 --> 00:57:57,486 I am. Officially. 1144 00:57:57,487 --> 00:57:59,486 There can't be any trail back to me. 1145 00:57:59,487 --> 00:58:00,000 No documents, no e-mail chains, no witnesses. 1146 00:58:00,001 --> 00:58:01,586 No documents, no e-mail chains, no witnesses. 1147 00:58:01,587 --> 00:58:03,546 We only talk behind closed doors. 1148 00:58:03,547 --> 00:58:05,566 I can handle this case on my own. 1149 00:58:05,567 --> 00:58:07,686 Of course you can, but the gloves are off. 1150 00:58:07,687 --> 00:58:12,457 We do whatever it takes. 1151 00:58:17,477 --> 00:58:20,636 ♪ Master of puppets, I'm pulling your strings ♪ 1152 00:58:20,637 --> 00:58:24,636 ♪ Twisting your mind and smashing your dreams ♪ 1153 00:58:24,637 --> 00:58:27,666 ♪ Blinded by me, you can't see a thing ♪ 1154 00:58:27,667 --> 00:58:29,999 ♪ Just call my name 'cause I'll hear you scream ♪ 1155 00:58:30,000 --> 00:58:30,687 ♪ Just call my name 'cause I'll hear you scream ♪ 1156 00:58:30,687 --> 00:58:31,687 ♪ Master ♪ 1157 00:58:31,688 --> 00:58:33,616 ♪ Master ♪ 1158 00:58:33,617 --> 00:58:37,486 ♪ Just call my name 'cause I'll hear you scream ♪ 1159 00:58:37,487 --> 00:58:38,487 ♪ Master ♪ 1160 00:58:38,488 --> 00:58:39,597 ♪ Master ♪ 1161 00:58:55,567 --> 00:58:56,657 Mm.