Is that them?
Oh my God Will they do it here?
Have you been through this before?
- Not yet
it's best to ignore it Bend your head... back to work.
Go away.
Don't look!
Timothy Singh?
Yes.
I'm afraid we should talk with you.
Eric Dale?
- Sorry? - Eric Dale?
I'm not Eric Dale.
Oh. I'm sorry. </ P>
He's my boss, he's at the end of the alley. </ P>
- Thank you. </ P>
- Excuse me? Mr. Dale? </ P>
Come here. </ P>
Okay. </ P>
I am clearly sorry...
that we are here today;
But this is an extraordinary time where you should already know.
Look, I'm running risk management...
I don't see, it's a natural place to start...
Dismissal. - We hope you understand that this is not a personal matter at all.
The majority on this floor
Ms. Bratberg will now
explain the details; From what the company has to offer.
Mr. Dale, the company offers you < br /> severance pay six months,
half your salary.
You will keep all investment options that you currently hold.
Health will extended to that period.
You have until tomorrow hours... 4:47
to take this offer or it will be canceled.
Apakah Anda mengerti?
- Yes.
Unfortunately Mr. Dale, because the very sensitive nature of your work here;
The company has taken certain actions for security purposes that might seem like punishment. </ P>
I hope taking into account..... more than 19 years of your service to the company,
You will understand that this action is not...
A reflection of company feeling towards your performance...
Or your character.
I don't understand.
He apologized... for what will happen.
Your company email, access to the server,
access to the building, as well as your telephone data and services
will all be disconnected after this meeting.
And, this man, will take you to your office. So, you can clean your personal belongings.
What about... What are I currently doing do?
I'm in the middle of something... - The firm has overcome this transition plan. and is ready to move forward,
But, we really appreciate your attention.
We understand that this is very difficult; And this is my name card.
Please contact me for the next few weeks, If you need any help in this transition of your life. </ P>
I'm sorry. </ P>
Are you still alive? - Oh yeah... For now. </ P>
Congratulations.
This is bloodshed. - I heard.
Listen to Eric?
If there is something I can do, < br /> I definitely do it.
Just say...
Who is that?
What is Rogers? - I won't take sides, you know me.
Robertson?
That bastard. I know, I shouldn't go to his final year. </ P>
Look, this isn't because of someone. It's bad luck. That's it. </ P>
Alright, well... Good luck. </ P>
I'm in the middle of something here and I think someone needs to see it.
Eric Look...
They tell us that everyone needs to get out of here and let this happen.
And while we appreciate your attention, but it's not your problem anymore.
Good luck.
Eric, I'm very sorry. - Yes.
Are they saying what will happen to us?
Oh my God, Seth. - What?
This will look awkward for a while...
But you guys will be fine.
See you. - Alright.
Thank you. </ P>
I just want to say thank you. </ P>
That's not necessary. - Well, necessary. </ P>
You are the person here , which I am... - I know.
I'm working on something But they don't let me finish it.
So, look at that.
Be careful.
Robertson?
Sarah?
You turned off my phone?
Eric, I'm not do nothing.
Fuck you!
This is terrible.
It will get worse before it gets better.
You have Nicorettes?
I ran out of Nicorettes.
Which means, around...
Ten minutes. I will kill someone. </ P>
Are you okay Sam? </ P>
My dog is dying. </ P>
Sorry? </ P>
Just got call to the vet,
there are several tumors in his heart.
I have paid nearly a thousand dollars per day, just to keep him alive.
And I don't have a clue what should I do with it. </ P>
Well they all left. </ P>
So? </ P>
How many are left?
Around, thirty-three.
Make sure everyone is out there, I have to say something.
Yes, I know. They're ready. </ P>
Alright, let's listen! </ P>
You're all still here for a reason...
eighty percent of this floor has been sent home... forever.
We have spent the last hour saying goodbye...
they are good people and they are good at their jobs...
but You are all better. </ P>
Now they have gone. They need not be thought of again. </ P>
This is your chance. </ P>
On each floor of the building this and in every office from Hong Kong to London, the same thing is happening.
When we are done...
3 of seven people;
What stands up between you and your boss's job... will disappear.
That is your chance.
I've been in this place for thirty-four years .
And I can tell you that this won't be the last time you will go through this.
But you all survived...
And this is how this firm has been for 107 years,
continues to grow strong.
So, turn your head... and get back to work. Let's hear.
Everyone will come out bro... You should come along.
- Oh, I'm fine. Thank you. </ P>
Okay. If you change your mind, my phone. </ P>
Sure. </ P>
Come on! </ P>
Where are you going to go? - The Grand
I'll call you after I'm done.
Hey, cheer up, you're still alive.
Right.
Yes, Hello.
I can't hear you.
Can you go outside, it's too hard.
Where are you? - Lugo.
Are you with Will? - Yes, Will Emerson?
Yes, I think he's still here.
I need you to call Will and I need you guys to come back here.
Uh, where is it? - To the office.
- What? - I am serious. </ P>
You want me to bring the boss of our boss out of the
club and bring him back to the office... 10 o'clock : 00 on Thursday night? </ P>
Our boss has just been fired, so technically he is our boss, and yes that's what I want you to do. </ P>
Why?
Look bro, believe me okay. I need you back here, now.
Alright, we'll be there in ten minutes.
Have you I said, how much I like your bag?
Really, and do you have a dress that matches that? - Yes I have
So you can swing your bag like a girl.
Hey
See who it is, burning candles at both ends.
Why don't you come out with us?
There are no more firing plans. You don't I have to kiss my ass.
I'm frank, don't know, what are you doing.
Will, I'm very sorry I have to take you back... - No problem. </ P>
Eric gave me this file before he left. </ P>
And he said he couldn't understand it,
And the last thing he said /> when the door on the elevator is closed is & apos; be careful & apos;
He says, Be careful? - Yes, So... clear... I am a little curious.
I investigated a little and I realized that the only thing missing...
This is not good, Will.
Going to model four, will be more entered sense.
What is this?
This is basically everything we have in our book. At any given time. But what Eric is trying to do
is working on this number for the level of volatility; which is outside of our standard VAR model. </ P>
What level is that? </ P>
Well it's quite complicated... - Simplify. </ P>
The volatility level set uses...
Historical patterns basically, then stretch patterns it comes out at 10-15%... rough.
Alright, so? - So, we started testing these historic patterns.
- When?
Today?
Monday...
Last Friday and Wednesday... - Two Friday ago.
Okay, I understand. </ P>
Damn. When this goes in the wrong direction...
Ini sangat besar. - Seberapa besar?
Greater losses of company value...?
Projections... Projected losses... Will.
This is only our floor? - Yes. </ P>
Where is Eric Dale? - I don't know. I tried calling him, the phone was dead. </ P>
What do you mean? - They turned off the phone of everyone they fired today. </ P>
Really cruel. </ P>
Call her home. - At this time? </ P>
Yes... Do we know that she is right? - It seems quite right for me. </ P>
Mrs. Dale , here Will Emerson
I'm fine, thank you. Can I talk to Eric?
No, we've tried it. His phone seems dead. Listen, can you ask him to call me? </ P>
The moment he enters... As he walks through the door. </ P>
Thank you a lot. Goodbye.
- Where is he? - Doesn't he have three children? - So? </ P>
I don't know, Will you go home? </ P>
I know where he is. </ P>
I need both of you, to go and find him.
There will be a car waiting below. You have to go.
- Now? - Yeah, now.
- What will you do? - I'll call, Sam. </ P>
Damn. </ P>
- Yes? - This is Will. </ P>
It's 11:00 at night? </ P>
I know I'm sorry. I won't call...
I think you need to go back here. </ P>
It's 11:00 a.m.! </ P>
I understand the time! Sam, I'm telling you... You need to see this. </ P>
Look what? </ P>
Email me. </ P>
I don't think that's a good idea.
I'm on my way.
Look at those people.
Get around, don't know at all... What will happen.
Right? - Well, I try not to let the work get to me like that. </ P>
I have realized about you. </ P>
Look, we are aged 23 years... - I am 28. </ P>
I made almost, a quarter of a million dollars last year...
Fuck! What for...? press a few numbers on the computer screen,
so that a group of cheered hackers can retrieve that information and pretend to understand,
and then make a bet fight some imitators on other parts of the earth if he...
Don't do this, he will bet at number seven or do you know ??
Dan pada akhir hari satu orang menang dan yang lain kalah.
You know it's a little more complicated than that? Right? </ P>
Yes. </ P>
This is Will... He wants to know if we have found it? What did I say? </ P>
I would say if... we haven't found it yet.
Eric Dale...
Oh God...
Before he left the building, escorted by security officer...
I have nothing to do with that. - I know
Forgive me
Before he leaves the building he gave a flashdisk to Peter Sullivan...
Who is Peter Sullivan? - Not important, one of Eric's people.
Before the elevator door closes... </ p >
The last thing he said was...
& apos; Be careful & apos;
& apos; Be careful & apos ;? - Yes. - Why? </ P>
Coba lihat.
Oh God, you know I can't read this! Speak in English.
Basically, this child, Peter Sullivan... He was inspired by an encouraging speech You, Good work! by the way...
He immediately handles, after work.
And I think he found it. - Find it?
Yes, I think he knows what Eric didn't find.
... and that's not good, Sam.
Here is...
Limit of historical volatility index, of course, our entire trading model depends on it quite heavily...
And also, we are now so increasing. But after reaching the outer limit
it will get worse quickly.
And how close are we to those limits?
Oh Sam, we go beyond close...
We have passed 5 or 6 days over the past two weeks, somehow, we still survive
to stay above that... for now... - For now? </ P>
Well look... what's happening here when we're on the wrong side. </ P>
What do I see? </ P>
You're looking at this picture here. </ P>
Wow... is that? - Yes. </ P>
And that won't even be as bad as that day for us... history speaks.
Is this picture correct?
Where is Eric Dale? - We have disconnected the phone.
So, I called his wife He said, he wasn't home.
He might cry at a bar.
Where is the child working on this? - Go find Eric.
Do you think he knows what he is doing? - Send him back.
How much do these girls produce?
1500?
2 thousand?
two thousand.
That's very good I mean by considering all that.
Will...
Not yet... Nobody saw it.
Okay, Yes.
Alright, let's go, How much do you think Rogers earns in a year?
I don't know?
Come on, come on just guess.
Three quarters of a million?
Come on.
Not even close.
More.
One million? </ P>
Will Emerson produced two and a half million years ago. </ P>
How do you know that? </ P>
He told me. Well, I ask. </ P>
Do you think that's right? - Yes maybe. </ P>
Itu kacau. - Mengapa, apanya yang kacau?
Does it look right to you? Right?
God.
So, what do you think, means Rogers puts himself in? - I don't know, Seth. This traffic is a nightmare. </ P>
S ubs: D oo BLEQA pis TECH
Gentlemen? </ P>
Please come with us. </ P>
Sam is Seth Bregman and this is Peter Sullivan. </ P>
Where are we going? </ P>
Go to get a second opinion for your job, Peter. </ P>
So Sam what do you have for us?
Well... they will be here in a minute. Finding someone in the photocopy room at this hour is a bit of a challenge. </ p >
Oke, mari kita langsung ke perkenalan. Ini Sarah Robertson yang Anda kenal, kepala petugas pengkajian resiko ..
Ramesh Shah from upstairs and David Horn one of the firms in the council's house.
It's nice to meet you all. This is the head of my trade, Will Emerson.
Peter Sullivan, and Seth Bregman. They work in our risk department.
Where is Eric Dale?
He fired him today. </ p >
Who is left in your risk department?
Starting today is Peter
and our junior analyst, Seth...?
Will Emerson ? - Please leave it to that.
Apparently Eric has done this for some time but can't finish it,
This morning, when he left the building ;
He handed the program to Peter here, and asked Peter to see it.
Peter did it.
He included some things where Eric seems to lose...
And this is what comes out.
Peter, is this your job?
Most of Mr. Dale...
- But is this your design? </ P>
- Yes. </ P>
Again, extended to Eric's original work. But yes. </ P>
- What is your background? - My background? </ P>
Your CV. - I have been with the firm for 2 and a half years and work with Eric all the time...
But I hold a doctorate in engineering, a specialist in propulsion, from MIT, with a degree from Penn.
What is a specialist in propulsion, exactly?
My thesis is a relationship study in the ratio of friction effects to flight steering under low gravity loads.
So, you is a rocket scientist? - Right.
Interesting. How do you end up here?
Well it's all just numbers, you just change what you add... and if I can speak freely;
Money here, much more interesting.
What time is it?
2:15.
And I'm guessing, the fact that you two didn't say anything about math examinations? </ P>
Look, we will need a long time for this,
but Mr. Sullivan here seems know what he is doing.
So, it looks like we have a problem.
What time is it now? - 2:16.
Damn .
Damn it.
Sam...
How long does it take to operate normally, what does your person need to clean it from our book? </ p >
What?
- All of that? - Yes.
I don't know, a week.
- A week? - Yes, a week.
But as you know, our business is selling and buy.
It won't work for a long time without both components.
We suddenly stop buying for one or two days;
That's not something can you hide under the carpet, it will come out
and when that happens... all these things come to an end... and very fast.
- I understand. - Really?
Yes.
How many of our traders are left between your floor and Petersen?
I don't know, how much? Sixty? - Sixty. </ P>
Jared when I see this more closely, it's because these VAR numbers make this up. </ P>
Like what I'm saying... just talking off the record.
This is only a matter of time before others start putting this in.
and they come with the exact same results.
And look exactly what we are looking now;
If they haven't already.
Understood.
And Sarah, what value will you give to placed on assets that
that might be left in the book, if they have?
Why are they still in the book?
Because suddenly nobody want to buy it. - Damn you Sam! can you give me a break here?
Without an active market, this will take several weeks or months for me to get accurate scores on it.
You have to look for block by block.
Seth, can you please, give us a few moments.
And Peter?
Has anyone else seen this? - Nobody but us.
And Eric Dale? - Yes.
And whether maybe if we don't know, where is Eric Dale?
I called his wife. He hasn't come home ... and we have cut off the phone today. </ P>
Perfect. Well, I want to know where he is. </ P>
Fuck! Who is that person? </ P>
He's Sam's boss. - He looks like fifteen years old. </ P>
He's Forty. - Yes, How can that happen ?
Oh that happens all the time.
Except for me. He's a fucking killer.
What are they talking about, there?
This isn't good.
What's not good?
If people suddenly stop buying what we sell...
Jared, you can't do what are you thinking about doing?
Well, I don't see any other choice.
What do you mean? Damn You... You have no choice.
Damn? Do you see Sam's number ??
Yes, but what I know. </ P>
Correct me, if I'm wrong, Mr.Shah. </ P>
This number, they don't increase.
One and one, don't become Two.
If possible, I want a little more time.
We talked about this. - We need a little time before giving our conclusions. </ P>
We meet again in 45 minutes. </ P>
Sam, do you have the file? </ P>
What will </ P>
Are you going to call him? </ P>
I called him. </ P>
Oh my God. </ P>
Wow. Ini indah.
This is really far down.
Yeah, right.
Don't do it, come on.
Do you know most people feel scared when they stand on the edge like this is not fear of falling.
The fear is that they might jump.
Well, it's really deep and sad, thank you.
Well, I'm a little dark... Sometimes. </ P>
Come down, please. Come on... Will? </ P>
Yes, Fuck! </ P>
Not today.
So it seems, they will make us throw this garbage away.
What?
You see. </ p >
What about it?
You will see! - How can they do that?
You can't... impossible. But they will look for ways.
I have been in this place for ten years and I have seen some things that you will not...
You will not believe...
when all said and done... they don't lose money. They don't mind if other people do,
but they don't lose.
Will?
Did you really make it two and a half million years ago? </ P>
Yes... sure. </ P>
How do you spend it all? </ P>
They end quickly.
You know, you will learn and spend what is in your pocket.
Two and a half millions go quickly?
Alright, let's see.
The tax person takes half the front. So, one quarter is left.
My mortgage is 300.
I sent 150 homes to my parents, you know... for their needs.
So, how many are left? - Eight hundred.
I spent 150 on the car.
About 75 in the restaurant,
Maybe, 50 on the clothes.
And I saved 400 for rainy days...
That's smart.
Yes, it turns out. It looks like the storm is coming.
You still have 125.
Yeah, I spent 76,520 dollars for prostitutes, liquor and dancers. But especially, prostitutes. </ P>
76.5...? </ P>
Yeah, a little surprising at first, but then I realized that I could claim most, as entertainment fees.
How old are you?
43.
This is strange.
It's like a dream...
Well, I don't know, It looks like we might have just been woken up.
Please log in.
How's the situation?
I have to go .
No, you have to stay.
So?
That's legitimate...
the child killed him.
The formula is not valuable.
What does it mean?
It's broken.
There are eight trillion dollars in paper
in the whole world depends on that equation ??
We are wrong.
No, you mean... You are wrong.
Don't start....
We have discussed this!
I headed to the conference room.
No, I want you to hear this.
I don't want to hear this .
What do you think I could be stuck in this place for so long?
I called Tuld.
Are there contingency plans here?
A contingency plan?
- Yes. - No, We focus on this one thing. </ P>
So, we get ourselves exposed enough here... isn't that right? </ P>
Against Tuld or the market? </ P>
Against both.
He's here?
The Tuld helicopter has just landed.
I know, come with us.
Where is Sam? - I don't know, you sure .. do you want us all? -Yes. </ P>
Only one advice for everyone before we get there. </ P>
This can be a little bad. </ P>
But anything that You do... just... tell the truth. There are no sweeteners. Don't change a single word. </ P>
None of these are smart enough...
Including rocket scientists.
Please come here.
He's already there waiting for you.
Good!
Please sit down.
Welcome everyone.
I have to apologize for dragging all of you here at an unusual time;
But from what has been told me, this matter needs to be dealt with immediately!
So urgent, in fact... maybe should have been discussed last week...
but that milk spilled... Under the bridge!
So why didn't someone tell me what did they think had happened here?
Look, Mr. Tuld... As I mentioned before...
If you compare the image on page 13 above...
Jared, what's that? .. talk to me in plain English?
But I want to talk to the person who put this all... Mr. Sullivan right?
Does he speak English?
Sir?
I want to talk to the analyst who seems to have accidentally discovered this mess.
Of course, that is Peter Sullivan. Right here.
Oh Mr.ullivan. You are here! Good morning. </ P>
And maybe, you can tell me... What do you think is happening here. </ P>
And please talk like You talk to small children...
Or golden retrievers. </ P>
Not because of the brain, which made me here. I can assure you of that.
Look, sir. Like you might or might not know, I work for Mr.Rogers. </ P>
As an association in the management office and risk assessment on the GSMBS
Just relax, stand up. Tell us in a clear voice
What is the nature of the problem.
Yes... Well as you might know over the past 36-40 months the company has started
packing new SBM products;
Which combines several different stages of rating classification in one guarantee traded. </ p >
This has been very profitable... I'm sure you realize it.
Right.
Well the company is doing this business is very big every day
The problem... which I think is the reason we're here tonight.
It's that it takes us... company, about a month...
to coat this product correctly.
So that poses a challenge from the standpoint of risk assessment.
And Mr. Sullivan challenges it is?
We have to hold assets in our books longer than we ideally want.
- Yes.
But the key factor here is, this is basically just credit, which has allowed us to increase its benefits...
Beyond what you might want or allow;
in all situations, thus increase the risk profile without making a red flag.
Now, Thank you... please sit down. What I'm guessing, your report here says;
Give I am the rope,
what I suspect, this explains that...
Remembering, say?
The bumpy road, we have passed it last week or so.
But the number of results of your brilliant co-worker, that is in front of you becomes...
It doesn't make sense anymore;
Remember what happened today?
Actually it didn't happen today...
but what has happened for the past two weeks. </ p >
So, you say, this has happened?
- That's how it is.
And Mr. Sullivan, what model do you show that means...
for us here?
Well, that's where it becomes a projection.
But... mmm...
You talk to I'm Mr. Sullivan.
Here's how... sir...
If the asset decreases...
With only 25 percent, and still on our books...
that loss...
will be greater than the entire market capital of from the current company.
So what you say to me...
is that...
musik akan berhenti.
And we will hold on... & apos; The biggest smelly shit bag & apos;
has ever accumulated in the history of capitalism?
Well, sir, I'm not sure will...
put it like that, but let me explain...
use your analogy,
what does this model show... </ p >
is the music, you can say, just slowing down,
If the music is stopped, as you say,
then this model doesn't even approaching;
on that scenario. It will be much worse.
Let me tell you something Mr. Sullivan.
Do you want to know, why am I in this chair with all of you?
Why do I get big money?
- Yes.
I am here for one reason
and one reason only.
I'm here to guess, what music might be there, a week, a month,
one year from now.
That's all!
No more...
I'm standing here tonight...
I'm afraid of that, I didn't hear... any...
just... shut up!
So, now that we know that music has stopped, what can we do?
Mr. Cohen, < Ms Robertson,
I am afraid, I think... this is where you are expected to step back in
God knows we have relied enough on on Mr. Sullivan tonight. </ P>
What do you have for us? </ P>
What have I said since...
The first day you walked into my office?
There are three ways to be able to live in this business...
Be the first, be smarter, or cheat.
Now, I don't cheat...
And even though I like to think, We have some pretty smart people in this building.
It's definitely a lot easier just by being the first.
- Selling everything... today!
Does that allow Sam?
Yes, but what does it cost?
I will pay.
Really?
I think so.
Where will this return to us?
- Everywhere.
Sam, I don't think you understand < br /> what are your men just saying here...
if I tell you...
how will you do it?
Well , You call traders for their usual meeting at 6:30...
and you will be honest with them.
Because they will know it in the end.
So you have to give them bones, and that is quite large.
And then, you have to exit the invasion gate...
There is no barter... nothing.
40 percent is done at the hour 10:15; at 11:00 all your traders must go. because at lunch time
the conversation will appear.
And at 2:00 p.m. you will get 65 cents from the dollar, if you are lucky,
and FBI will be here; Trying to slow us down.
Ramesh? - They can slow you down...
but they can't stop you. It's yours for sale.
John... even if...
We managed to do that, and said something...
The real question is...
To whom do we sell this?
To the same person for the past two years, and whoever will buy it.
But John, if you do this.
You can kill the market for years. Everything is over.
And you sell something the one you know has no value.
We sell to buyers who are willing
at the current fair market price,
so that we might be able to survive !
You won't be able to sell anything to those people anymore.
- I understand. - Really?
- Really? </ P>
This is the time! </ P>
I'm telling you. This is the time. </ P>
Sekarang jam 4:00.
Jared, you have until 5:00 to solve this and give me a plan.
Does anyone know what's there now, block per block?
- Eric Dale.
Where is he?
From today he is no longer with the company.
We have tried look for it.
- Carmelo? - Yes? - Bring Eric Dale here at six. </ P>
- Finish. </ P>
We meet again here in one hour. </ P>
Sam, let's talk.
This is a great city.
I always like this place.
Since the first day I came, Everything about it .
Sam, will you be with me on this matter?
I don't know John.
This problem is very bad.
Anda dan saya adalah penjual.
We sell. That's what we do. It's not complicated. </ P>
Right. </ P>
And you know very well...
You don't make sales except You think that person will come back again,
That's the lesson we learned. And tomorrow we are done. </ P>
This is something big. </ P>
Most of us won't be able to get out of this one.
- Us? - Street.
What are you talking about?
This is not & apos; situation & apos; the last one you will take care of this week.
This is just the beginning.
This is the beginning because you started it.
Maybe But I don't believe it. </ P>
Not this time. </ P>
That number doesn't increase anymore. </ P>
- Well I agree with you. I said it for years.
I mean, if this child out there can find this out...?
- I don't think I can go to find out what I know and put down the hammer above people like this.
When did you start being so gentle, Sam?
Fuck gently, you panic.
If you are the first to come out from the door;
It's not called panic.
Well, you obviously operate with more information than I have.
But I think this can destroy this company.
No one will trust you anymore.
Be aware that getting people out of business. really stops.
- Let me face that, Sam.
How's it going?
This is a damn show.
Mereka akan lanjut dengan itu? - Mungkin.
- Oh my God!
Remember today children,
Remember today.
What is the strategy here?
Well, that's why I'm heading downstairs, to do it with my people. </ P>
No, not you and me... With John. </ P>
I'm not sure if we need one, Sarah. That's not how I do something. </ P>
Please. </ P>
Look, he knows where we are still in this matter.
All this time.
That's my point.
And knowing what's being said...
Good by you and me. I don't think this can give you something.
Besides, a false sense of comfort.
I'm not looking for comfort.
I'm not think there is one that can be found.
So again, what is the strategy?
I'm not sure there's much more to do in this matter.
It's very simple.
Don't even think of fooling me.
Because if we collapse...
You really know we're going to be together.
No, I'm not sure I know that.
How much do you think Tuld made a year then?
Can you shut up.
86 million.
In bonuses and salaries.
Really?
Of course, it was recorded in the public.
He used to be worth a billion.
- Previously?
To this day.
I need to find the wind.
Maybe a good idea.
Hello, Will Emerson.
Hello?
No thanks. I understand. </ P>
No, we will be careful. </ P>
What? </ P>
Istri Eric.
He lives, he is at home. He doesn't want to talk to us. He doesn't know his wife called me. </ P>
Where does he live? </ P>
The heights. </ P>
Should we call Tuld's men? </ P>
Do not. This is Eric... the last thing we need is people it goes there, you two go pick him up. </ P>
But you have to go back here at 6:00. </ P >
I hate Brooklyn.
Can I sign in?
Please sit down.
So... we will do this.
- Okay.
This will be difficult.
Is Sam present?
Not yet.
Sarah, </ p >
I need a leader.
To encourage traders... on exchanges and directors.
Am I or Cohen?
- That's you. </ P>
Of course you are...
realize that I filter out some warnings for you and Cohen about this.
A year ago.
I really don't think that's the best way for you to be taken at this time.
You will be well taken care of.
Obviously it's quite complicated.
John I was told that there is nothing uncertain...
It's always in a very gray area.
Actually it was made very clear at that time,
by you and me and Cohen. </ P>
I really prefer if you don't fight me in this matter...
We all mess this up pretty badly...
We need you to stay here until it's finished and the market closes. </ P>
I understand. </ P>
They will overcome the numbers with you below... </ p >
Good luck.
What does the prodigy want?
Do you have a minute?
We will go pick Eric. - Yes, I know. Wait a minute. </ P>
- Okay, what's wrong? </ P>
- Tuld and I have a concern that Sam, might not step and do the right thing. </ P>
- Never a problem.
- No, never.
But, sometimes in a precarious situation, Things like this... </ p >
sometimes becomes true.
Can cause, many interpretations.
- Sam will step.
- Oh, I know.
But if he doesn't. If he doesn't...
We need to know if, you will.
- You need to know if, I will... What?
- That you will move.
- I don't hesitate. If Sam will make the right decision.
But, just to make it clear.
He and I always have the same interpretation, for what is right.
Don't care, how precarious it is... situation.
God, that's a good place.
- Yeah, right... he just bought it.
- I hope it's paid in cash.
- Damn it. You are a heartless jerk sometimes. </ P>
And that's not. </ P>
Don't touch the buttons! </ P>
What are you doing here ?
- Hey?
So... Peter completes the model you are working on.
- Really?
- </ P>
I'm sure... that thing. </ P>
- Do you think he's right? </ P>
- I know... he's right. </ P>
Jared Cohen held an emergency meeting senior partners last night.
Based on your findings...
They have decided to liquidate our entire position.
Today!
- I'm very sorry for that.
They are worried about you being here. And they want me to take you back.
- Oh my God! - I'm just saying... - Fuck.
Don't be careless. - Forget it, I've signed my letter. I am out! </ P>
They will pay you. </ P>
- I have already been paid enough, already. </ P>
Do you know I used to build bridges? </ P>
- Sorry?
- A bridge.
- No, I don't know that.
- I am an engineer through trade.
Starting from Dilles Bottom Ohio to Moundsville West Virginia.
Stretching 912 meters above the Ohio river.
12,100 people use it daily.
And it cuts 35 miles...
travels in both directions, between Wheeling and New Martinsville.
That's a combination... </ p >
847,000 travel miles,
per day...
Worth 25,410,000 miles...
per month;
And 304 million
920,000 miles
per year.
Savings.
Now, I completed the project in 1986.... it was 22 years ago.
So, during the age of the bridge... There were 6 billion... 708 million...
240 thousand
miles... which doesn't have to go through!
What on? say... 50 miles per hour
So, that is 134 million, 164 thousand 800 hours...
or
559 thousand 20 days...
so that one small bridge has saved the people of the two communities who are members, 1531 years of their lives
is not wasted in cars...
A thousand five hundred and thirty one years! </ P>
- Oh my God. </ P>
I think... you should go back there. </ P>
- Yes. </ P >
Thank you for coming by.
- You're welcome.
Who is this?
I think it's company people. </ p >
- What?
Tuld doesn't want anything to go wrong.
He fired me.
Fuck them... Fuck them.
- I agree... Fuck them. So, come back...
Take the money, you will go home at five.
If not, they will fight you in everything, they will fight you for packages, choices...
Be smart.
Well... You people who are better than me
That's always true.
Yes, right.
The house looks good.
Thank you. <
Hey Eric...
Don't blame yourself too much about this, okay?
Some people like the long trip home.
Who knows. Right? </ P>
That's it. </ P>
John. </ P>
What does it look like? </ P>
- Cohen has done a good job. It can work. </ P>
- What does that mean? </ P>
That means, as you really know,
that you are a very important part of this puzzle .
This is not a gift.
I need to know that you are with me on this matter.
I'm with John's company.
I won't get what I need from your men on the exchange , unless they trust you...
unless they believe in you completely.
Did you come here?
- I already said my objection .
You can't have any objections!
And I need to know now.
Listen John... I am fully with the company, as already I went through. Excuse me. </ P>
Alright, Will. Am I fired? </ P>
- I don't know. </ P>
Yes, almost certainly. </ P>
- Are you? - No
Seth, there's nothing you do. You're only in the wrong company, at the wrong time.
Young people are always called. Look, there's nothing I can say that can make you better
This will be annoying for a while... and then you will alright.
Are you okay?
Yes, yes. I'm fine. </ P>
For whatever value, I'm sorry this happened to you. </ P>
- Don't. You didn't do it to me. </ P>
- Still, at least you will have some money to carry away. </ P>
- I guess. </ P>
This will really affect people. - Yes, that will affect people like me. </ P>
- No, the real person. </ P>
Oh my God, Seth.
Jika Anda benar-benar ingin melakukan ini dalam hidup Anda. Anda harus percaya anda diperlukan. Dan itu benar.
People want to live like this. In their car and their big houses, where they can't even pay. </ P>
Then, you are needed. </ P>
The only reason, where they all can < br /> continuing to live like kings is
because we have our fingers on the scales that benefit them.
I pull out my hand.
Then the whole world will really be fair, quickly and no one asks you to do anything. </ P>
They want what we have given...
But they also want you to know, pretending not to know and pretending they don't know where it came from.
It's hypocrisy more than I can swallow. So, fuck them.
Fuck normal people!
You know, the funny thing is. Tomorrow, if all this goes up.
They will crucify us. Because, it's too careless.
But if we are wrong ??
And everything will get back on track. </ P>
Then, the same person who will laugh until he urinates. </ P>
Because, we will look like the biggest vagina God ever let go through the door.
Do you think we will be wrong?
No, I don't know... Damn. </ P>
Good morning. </ P>
Peter...
Do you want one? </ P>
- I don't smoke. </ P>
That's good. I'm not too much. </ P>
Are you tired? </ P>
- From what? </ P>
Remember, I don't work as hard as you do. </ P>
- Oh, that's not true.
- No... that's actually.
- Will we all be fired after today? - Maybe.
- Will they fire you? <
- Well, they won't call it that.
But... that would be forgiveness murder. You don't have to stand here for me.
- No, I know. I really don't want to go back there first. </ P>
- I understand that. </ P>
- I think I know your child. </ P>
- Really? </ P>
- Not too... but, he always looks like a good person. </ P>
- He is a good person. </ P>
I think You can say worse about someone. </ P>
- Does he know what will happen? </ P>
- What do you mean? </ P>
- Did you talk to him?
- Tidak. Saya bahkan tidak pernah memikirkannya.
- They all come now.
- Yeah right.
- Have you ever done something like this?
- No... never.... at all.
- Are you sure... that's the only...
or... the right thing to do?
- For whom? </ P>
I'm not sure. </ P>
- so am I
- Are you okay? </ P>
You will fire me.
You know, this... This is all I ever wanted to do.
- Really?
You too, huh?
- Yes.
- God!
Sorry.
- Thank you.
I don't think they will be able to get you back here.
- They said they would drag me through hell for everything
next two years .. My choice, my health
or I can come back here and make...
$ 176,471.00 per hour
to sit quietly... in this room.
I don't see many choices.
- That's never.
Obviously looking to back,
That was expressed quite urgently...
but what you mean is already conveyed...
I want you to know that.
Eric.
It's okay, I understand, believe me.
There is nothing you can do.
I think... .
at that time... it doesn't look like there are many choices.
- Never.
What will your package be like? ?
- I don't know, that's what I'm waiting for now.
- Maybe it's pretty good.
- It'd be better.
Thank you everything for coming a little earlier this morning,
I know yesterday was pretty bad, and I hope the day this will be a little reduced,
but that doesn't matter.
Now, I have to read this statement for all of you here,
but what if you read it yourself and I will tell you what happened here.
I have been here all night.
Meeting with the executive committee.
And a decision has been made to release part of the company's ownership portion in some key asset classes.
The essence of that is... in the company's thinking.
The party ends this morning. </ P>
Ada akan menjadi gejolak yang besar di pasar di masa mendatang.
And they believe... this is better, where this mess starts with us...
as a result...
the company has decided to liquidate
most MBS fixed income positions...
Today.
This is your package,
You will see in what account you are responsible today.
I'm sure that doesn't make you long for...
Understand the implications of this sale.
for your relationship with your opponent < br /> and the results...
for your career.
I declare this
reality
to the executive committee and they understand .
As a result,
if you reach 93% of your assets...
You will receive 1.4 million dollars in addition to bonuses.
If the exchange as a whole
reaches 93% of sales You will get an additional 1.3 million each.
For those of you who have never been through this before,
this is a start of how fire sales are seen.
I can't tell you how important the initial one and a half hours will be.
I want you to take every bite that
Dealer, broker, client...
Your mother, if she responds.
There is no barter.
This just come out, today.
Obviously, this won't go down as we expected.
But the ground shifts below our feet, </ p >
And it seems, there's no other way out.
For God's sake... Obviously this is, a very very unique situation...
if we are successful today.
We will have succeeded in destroying our own work...
I cannot promise that one of you... You all...
Some of you will be repositioned in the company.
But I can tell you that, I am very proud of with the work we are doing here today.
I have been in this place,
for 34 years,
I can tell you from experience, that people will say some bad things about what we do in here today.
About what you have dedicated a part of your life.
But have the belief that in the bigger picture,
our skills are not in vain -sia,
We have achieved a lot,
and our talent
has been used...
for the greater good.
Here are your packages, starting work.
City... here Eric. - call Elliott
- City. - Hey, here Will Emerson.
William, how are you doing? - I'm fine, how is the problem at writing?
- Disturbing me, as usual.
- You see, that's what I tried to tell you. John, what am I saying this for? </ p >
- I know.
What can I do for you?
- Listen, my shoulder has just been patted,
we have a few words here that we have to move.
So, today. It seems like my loss is your profit. </ P>
- What size are you talking about? </ P>
Harusnya ada pada layar Anda, Baru saja saya kirim.
- Oh my God, is this going to land? - 96 per dollar.
- 91? - All three and we're right at 94.
93 and a half? - So!
- This is trading? - Hello, Beautiful.
- Will, what happened there? < br /> - Today's day moving.
- What are you working on? - You think they told me nothing, which I only know
Today my loss is your profit. Now, you are friends
So, I came to you first. I have 270 million
fifteen years paid at twenty and a half per section.
- Where is that? - Where is that? Do you care? </ P>
- No, not really. Now...
Where is the trade? I heard that you guys.... - I only share this with you
sekarang!
85... - So.
- Deutsche?
- Here Will Emerson.
- Damn, you're a liar. - Come on, you're still angry about that.
The word is out, I hung up.
- Merryll? - Lawrence.
- What the hell are you doing there?
- Just a little spring cleaning. - That's not what I heard.
Alright, Lawrence. Are you a buyer? - I'm not sure anymore. where's the position?
- Why, it sounds like I have to ask & apos; position where & apos;
375 million in the third year mix. - Damn...
- Are you with me on this matter?
63 cents? - Or damn, I hung up.
63? - I will return to you at five. </ P>
- Mungkin, lima puluh lima dan lima.
- Well, alright then, don't hang up.
Sam, pick up the phone.
Sam... pick up the phone!
I have Lawrence now. - Where are we?
- Sixty-three six. - Oh my God, and what?
bring him to sixty-five and beat.
Are you joking about this?
That's a hundred million loss in one trade.
I understand... beating.
Here's how , Lawrence. We will fill the killer at sixty-five. </ P>
- Filled. </ P>
- Good. </ P>
I just want to prefix. They will start sending some people go home now.
Now? - Yes, I know this is over.
Please sit down.
Congratulations it's clear. </ p >
We do the best we can.
You did a great job.
And I thank you for that. Come sit.
Sorry for eating, but...
This is a long day.
- Can I take something away? - No, nothing, Thank you.
- What can I do for you ? - I want to get out.
- I'm done, I want to get out.
- It's a very difficult day for everyone... - I need You to give my choice,
If they are still valuable today, I want my bonus, I come out. </ P>
- You will get your bonus, your choice...
and calm face. But I need you to stay with me for the next 24 months...
You did some good things today, you said it yourself. </ P>
You know...
I'm starting to feel a little better with all of this.
You're one of the luckiest people in the world, Sam.
You can just dig a penis for years.
That's right.
- And if I have, at least...
How come we screw this up, so big?
- When do you start feeling very sorry for yourself .. it's irresistible.
- So, you think we might have made some people are out of business now.
This is all for the record.
But you've done it everyday, for almost 40 years Sam
If this is all for the record, then so is everything out there. </ P>
This is just money. </ P>
This is made. </ P>
This is a piece of paper with an image on it So, we don't need to
kill each other, only to get something to eat.
This is not wrong.
And today is certainly no different, than ever happened. </ p >
1637, 1797, 1819, 37 .. 57
84,
1901, 07
29, 1937... 1974
1987, my God! Doesn't that bastard mess me up well.
92, 97... 2000 and whatever we call it.
All just for the same thing, over and over again... we can't help ourselves. </ P>
And we want to be like uh,
Control it, or stop or even slow down We haven't equated since it was slightly changed.
We only react.
We get a lot of money, if we can do it right.
And we are left by the wayside, if we do it wrong.
And there is always, and always will be... there is the same percentage of winners and losers </ p
who are happy and sad.
Fat cats and starving dogs, in this world.
Yes, then maybe more of us today, than ever...
but the percentage,
they are still exactly the same.
I will do it John, but not because of this short speech, </ p >
But because I need money.
It's hard to believe, after all these years... But I... need money.
Will you hold back the child?
Have him? He will promote himself. </ P>
Semua tangan di meja sekarang Sam.
There will be a lot of money that can be generated, after coming out of this mess.
And all that will require all the brains, that we can get here. </ p >
I came home from the veterinarian and I can't think of where to go.
He is here.
I know, but you don't live here again Sam.
Are you okay? You don't look so good.
Yeah, really a tiring day.
I know , Sammy is called. </ P>
Is he okay? </ P>
They are pressed,
but they can come out alive. </ P>
- Good. </ P>
Well, I will go back inside
and go back to bed. </ P>
The alarm is on so don't trying to break in.
Take good care of yourself.