Boiler Room (2000)

1. I read this article a while back...

2. that said that Microsoft employs more millionaire secretaries...

3. than any other company in the world.

4. They took stock options over Christmas bonuses.

5. It was a good move.

6. There was this photograph of one of the groundskeepers next to his Ferrari.

7. Blew my mind.

8. You see shit like that and it just plants seeds.

9. It makes you think it's possible, even easy.

10. And then you turn on the TV and there's just more of it.

11. The 87-million-dollar lottery winner.

12. That kid actor that just made 20 million on his last movie.

13. That Internet stock that shot through the roof.

14. You could have made millions on it if you just got in early.

15. And that's exactly what I wanted to do:

16. Get in.

17. I didn't wanna be an innovator.

18. I just wanted to make the quick and easy buck.

19. I just wanted in.

20. Notorious B.I. G. said it best:

21. "Either you're slinging crack rock or you got a wicked jump shot."

22. Nobody wants to work for it anymore.

23. There's no honor in taking that after-school job at Mickey D's.

24. Honor's in the dollar, kid.

25. So I went the white-boy way of slinging crack rock.

26. I became a stockbroker.

27. Yeah! Get off!

28. Two hundred!

29. Put it down! You put it down!

30. No. Put your money back down.

31. So I got in at this firm, JT Marlin, owned by this guy Michael Brantley...

32. a salesman among salesmen.

33. Mr. Brantley.

34. Mr. Brant— Ha, ha.

35. Welcome. How are you?

36. - These guys? - Great.

37. - You think you can handle this? - I think so.

38. You can handle it? We can handle it.

39. Get ready for some fun.

40. A double Scotch on the rocks.

41. Damn! Ha, ha.

42. Holy shit, yo. Yo, yo, yo, that's the jockey from Venezuela.

43. He's a sicko. That kid is sick. He weighs like 48 pounds.

44. One-nineteen, but you're close, slut.

45. Whatever. Give me 3-to-1 on that skinny little nigger.

46. I'll give you 3-to-1, yeah. - Richie, Richie.

47. Just do me a favor, will you? Just for 10 minutes. Just give it a rest.

48. Yo, homes, I need some cho-caine.

49. I need some motherfucking nose candy, you know what I'm saying?

50. I need some cizzi up my nizzi...

51. because I need to get high like a motherfucker.

52. You know what I'm saying? So give me some of that nose candy.

53. Bring that table over here, beyotch.

54. All right. Everybody quiet down for a second, all right? Hold on.

55. Thanks.

56. I just wanted to let you know those pikers over at the NASD are finally off our ass.

57. Fucking retard.

58. Hey, fuck you, bro. I'm on vacation, okay?

59. Bear Stearns can make calls to the SEC. They can't find any dirt on us.

60. JT Marlin, once again, has unlimited trading authorization.

61. I told you guys. You can't keep a good man down.

62. Yeah!

63. We're superstars now.

64. J.P. Morgan just faxed over their congratulations...

65. and said, "Welcome to the club."

66. This means those teams headed by Todd and Richie...

67. who were good enough to give up their rep numbers...

68. they can stop cold calling and start trading again.

69. Welcome back.

70. And just to show you how appreciative I am, there's a little something extra.

71. Tell me about it, baby, tell me!

72. I want you guys to go up to Suite 418.

73. I handpicked them myself.

74. We're players now, boys. Let's celebrate.

75. Sorry about that.

76. What's up?

77. Don't touch the cards. Don't touch the cards.

78. Oh, shit.

79. Yeah!

80. - Fourteen. Hit me.

81. Come on, Mike. I told you, you gotta hit the table. Sixteen.

82. Hit me.

83. And bust.

84. - Sorry about that. Fuck.

85. Can't win a fucking hand tonight.

86. - Hey, Steve? - Yeah.

87. - Come here for a second. You thirsty? I don't care.

88. Here. Go take my car, go get Mike a Coke and a falafel. You hungry?

89. Yeah. Yeah. Sure. Why not?

90. - And dealer busts. Yeah!

91. What the fuck are you so happy about?

92. Hey, Mike. Whoa, take it easy. Take it easy.

93. Roller coaster. Ups and downs. You know that.

94. All right, place your bets.

95. I was living in Kew Gardens Hills, running my biz...

96. giving the Queens College kids something to do between classes.

97. See you guys. Fuck you.

98. Okay. I'll see you tomorrow.

99. I was doing well.

100. It's strange to think how that knock changed everything.

101. Everything. Hey, don't get me wrong here.

102. No, no. I got it.

103. I don't believe in fate.

104. I believe in odds.

105. - He's not gonna let you in. - Why not?

106. He doesn't know you. He'll think you're a cop.

107. So what? I got a bankroll that will choke a hippo. Let's just see.

108. Who are you? What's up?

109. It's my boy, Greg. Oh, shit, heh.

110. How you doing? Hey, what are you doing?

111. Come in. What's going on, man? Come here, crazy.

112. How are you doing? - What are you doing? Come in. Come in.

113. Oh, shit.

114. - Wait. Is that your new ride? Him.

115. Nice.

116. - Hi. Seth. - Hey. Greg.

117. Nice to meet you.

118. We thought we were done for the night.

119. Too late to get a couple hands in? - No, no, no, 24/7. You know that.

120. Hey, Steve, uh, could you get us a couple of sandwiches?

121. All right. Give me 400.

122. Wait. Uh, what about the betting? What do we—?

123. Uh, what were you thinking?

124. Uh, I don't know. Five hundred, max?

125. We don't usually service that level of action...

126. but, uh, I hate to turn away a new customer.

127. The thing is we might not have enough cash here to settle you.

128. Oh, uh, well, that's okay. You can just, uh, pay me tomorrow.

129. - All right. How much you want? Five dimes.

130. - Jeff. You had to do it, didn't you?

131. Make me look like I'm at the kiddie table.

132. - If the shoe fits, kid. Come on. Fucking rich man.

133. - What denomination? - What denomination?

134. Um, how about, uh, three Puerto Ricans, two Chinks and a Guinea?

135. - I don't care. Mix it up. Whatever you want, heh. - What about a Swahili? Jesus.

136. I don't know what that is. You're starting to upset me.

137. You got your own chips, huh, with your name on there? This is no joke.

138. We used to use the, uh, Bicycle Poker Chips, the kind that you could get at a deli...

139. then some kid started sneaking in additional funds.

140. - Who's that? Moyshe? - No, no. Some kid up the block.

141. Fucking Moyshe.

142. - So that's a nice car you have there. - Thanks. A Ferrari.

143. Yeah. It's a 355, six-speed transmission, right?

144. Yeah. It's a synchromesh.

145. - I love it. Nice.

146. Yo, shit is yellow, B. Rizzy's the color, nugga.

147. Yellow's filthy, kid. Come on.

148. It's Big Bird mode.

149. - Heh. All right, uh, place your bets.

150. - Hey. - You are late.

151. I know. Sorry.

152. Your father is really upset.

153. He won't tell me what it is. I just wanted to warn you.

154. He's upset.

155. Hey.

156. - What's up, Seth? - How you doing? How's school?

157. It's all right.

158. That's a good question. You wanna tell us what happened?

159. - We didn't know if you were still coming. - Oh, yeah. The traffic was crazy.

160. So?

161. Do you wanna wait till after dinner to talk about it or—?

162. Yeah, let's eat first.

163. Answer the question, Seth.

164. Well, I dropped out.

165. You wanna tell us why?

166. Well, I gave it a year, Dad, and it's just not for me.

167. I see. So that means you've been lying to us for six months.

168. Six months, Seth.

169. "School's fine, Dad. My grades are good, Dad."

170. All right, let's just leave that for a second. Uh, so you dropped out.

171. That means you haven't been getting your student loan checks, right?

172. Is that right?

173. How are you making the rent every month, Seth?

174. Well, I'm running a business and I'm just earning a living.

175. Earning a living? Is this what you call earning a living?

176. MRS. Ah! Is that earning a living, huh?

177. - Marty, are those drugs? - Yes.

178. - Yes, those are drugs? No, Mom.

179. This is an honest living.

180. And you can ask any one of my customers.

181. Customers? What is that customers?

182. They're children of people in this community.

183. How do you think I got these?

184. Anyway, it's illegal.

185. You're running a backdoor card game, Seth.

186. I mean, how do you think this reflects on me? I'm a judge, for chrissake.

187. Are you listening to me?

188. I'm gonna be honest with you. I, uh, think you're running a good business.

189. I think you're a smart kid and pulling in some real cash.

190. But I gotta tell you, man, this is risky fucking business, you know?

191. You really honestly plan on dealing cards to college kids...

192. when you're fucking 35?

193. You don't think you're gonna get pinched in the next couple years?

194. I mean, maybe it's time to start thinking about down-the-line time, you know?

195. So you want me to come work for you?

196. What? I guess it will be like, uh, retribution for me taking all your money here?

197. First of all, I am not done with you here, all right?

198. And, no, you're only gonna work for me a short time. You pass the Series 7.

199. You know, you learn the ropes. You're on your own.

200. Yeah, ask Adam, man. He'll tell you.

201. It's good.

202. - It's good? - Yeah.

203. I'm gonna be blunt, you know. I mean, we're talking about millions of dollars.

204. I was making good money with the casino...

205. but these guys were macking it hard.

206. That's the level I wanted to be operating on.

207. So I drove out to Long Island, way out.

208. The office was a good hour away from Wall Street.

209. Somebody forgot to tell the guys who worked there, though.

210. They looked and acted like they took the 6 train to Fulton Street every morning.

211. But it wasn't Wall Street. It was Exit 53 on the Long Island Expressway...

212. a good hour from the New York Stock Exchange.

213. No. You don't want out now. Exactly right.

214. I'm telling you. This stock is going to 30, all right?

215. I'm invested very heavily myself. We just stay put.

216. I don't know if you've ever purchased IPO before.

217. We have this company that's going to market.

218. We have to move on this now. This is gonna happen next week.

219. We don't wanna marry this stock. We're in, we're out.

220. You don't buy stock over the phone? How do you do it?

221. Smoke signals? Telepathy?

222. World leaders solve problems over the phone.

223. I'm not a Charles Schwab.

224. I don't need your business. I value it.

225. I'm successful to the point where I don't need to chase your business.

226. Hey, kid, get the fuck out of here!

227. —right now.

228. Yeah, I know. - Over here.

229. - Oh, have they started interviewing yet or—? - No.

230. Oh, do you know how long it's gonna be?

231. You'll all be going in together.

232. Oh, but I thought this was, like, an interview?

233. It is. It's, um, a group interview.

234. You'll see.

235. Oh.

236. Yeah. I know. - All right.

237. Hey, what is this for? What is this?

238. No, man. You're a male.

239. - Oh, yeah. Yeah. Group interview, my ass.

240. It was like a Hitler Youth rally, in retrospect.

241. The guy who pitched us, Jim Young, was the head recruiter.

242. Okay, guys. Let's go.

243. Between him and Michael, honestly...

244. they could sell bubble gum in the lockjaw ward at Bellevue.

245. Sorry, man. That's my seat.

246. - Shit. I'm so sorry. - It's okay.

247. Don't worry about it.

248. Fucking dumb-ass.

249. Get the fuck out of here.

250. - What? - Don't talk to me. Don't look at me.

251. Just pick your ass out of that Italian leather chair and get the fuck out of this room.

252. Right now.

253. Come on. Let's go, schlepp rock.

254. Out.

255. Go ahead, sit down.

256. We expect everyone here to treat their coworkers with a certain level of respect.

257. Before we get started, I have one question. Has anyone here passed a Series 7 exam?

258. - I have a Series 7 license. - Good for you. You can get out too.

259. What? Why?

260. We don't hire brokers here. We train new ones.

261. That's it, Skippy. Pack your shit. Let's go.

262. Okay. Here's the deal.

263. I'm not here to waste your time, okay?

264. I hope you're not here to waste mine. So I'm gonna keep this short.

265. Become an employee of this firm, you will make your first million within three years.

266. Okay? I'm gonna repeat that.

267. You will make a million dollars within three years...

268. of your first day of employment at JT Marlin.

269. There is no question as to whether or not you'll become a millionaire here.

270. The only question is how many times over.

271. You think I'm joking?

272. I am not joking.

273. I am a millionaire.

274. It's a weird thing to hear, right?

275. I'll tell you.

276. It's a weird thing to say.

277. I am a fucking millionaire.

278. And guess how old I am.

279. Twenty-seven.

280. You know what that makes me here?

281. A fucking senior citizen.

282. This firm is entirely comprised of people your age, not mine.

283. Lucky for me, I happen to be very fucking good at my job or I'd be out of one.

284. You guys are the new blood. You're gonna go home with the kessef.

285. You are the future big swinging dicks of this firm.

286. Now, you all look money-hungry and that's good.

287. Anybody tells you money is the root of all evil doesn't fucking have any.

288. They say money can't buy happiness? Look at the fucking smile on my face.

289. Ear to ear, baby.

290. You want details? Fine.

291. I drive a Ferrari, 355 cabriolet.

292. What's up?

293. I have a ridiculous house in the Southfork.

294. I have every toy you could possibly imagine and best of all, kids, I am liquid.

295. So now you know what's possible.

296. Let me tell you what's required.

297. You are required to work your fucking ass off at this firm.

298. We want winners here, not pikers.

299. A piker walks at the bell.

300. A piker asks how much vacation time you get in the first year. Vacation?

301. People come and work at this firm for one reason:

302. To become filthy rich. That's it.

303. We're not here to make friends. We're not saving the manatees here.

304. You want vacation time? Go teach third grade, public school.

305. Okay.

306. First three months at the firm are as a trainee.

307. You make $150 a week.

308. After you're done training, you take the Series 7.

309. Pass that, you become a broker, open accounts for your leader.

310. You open 40 accounts, you start working for yourself. Sky's the limit.

311. A word or two about being a trainee.

312. Friends, parents, other brokers, they're gonna give you shit. It's true.

313. A hundred fifty dollars a week? Not a lot of money. But pay them no mind.

314. You need to learn this business and this is the time to do it.

315. Once you pass the test, none of that's gonna matter.

316. Your friends are shit.

317. Tell them you made 25 grand, they're not gonna believe you.

318. Fuck them. Fuck them.

319. Parents don't like the life you lead? "Fuck you, Mom and Dad."

320. See how it feels when you're making their fucking Lexus payments.

321. Now, go home and think about it.

322. Think about whether or not this is for you.

323. If you decide it isn't, it's nothing to be embarrassed about.

324. It's not for everyone.

325. Ahem. Thanks.

326. But if you really want this...

327. you call me on Monday and we'll talk.

328. Just don't waste my fucking time.

329. Okay. That's it.

330. Okay.

331. Hank, I need a side—

332. - Hi. Hi.

333. So, what's up?

334. - How you doing? - I'm fine, Seth.

335. Come on. What's on your mind?

336. Oh, I just feel bad about the way things went at the house last week, you know.

337. I just— I mean, I just don't feel like we get anywhere when we talk at home.

338. Well, I don't know that there's anything to talk about.

339. Can I get you anything to drink? - No. I'm fine, thanks.

340. I mean, you dropped out of school, Seth.

341. You're running an illegal casino out of your apartment.

342. You're putting my career at risk. What is there to talk about, Seth? Tell me.

343. Well, I just— I don't know why we can't just discuss this.

344. I mean, maybe you're just not seeing my side.

345. Your side? What side, Seth? You're doing wrong.

346. I'm not your friend. That's your mother's racket.

347. I'm your father. I tell you when you screw up.

348. What did you think I was gonna do? Pat you on the back?

349. Tell you what a great entrepreneur you are?

350. So, what do you want me to do, Seth?

351. If I would have called my father to meet me for a cup of coffee...

352. to talk about my screw-ups, he probably would have laughed.

353. We didn't have nice little chats about why I was a bad boy. I got smacked.

354. And I didn't do it again. Much simpler.

355. Look, you know, I'm just trying to restore what's left of our relationship.

356. - I mean— - Relationship?

357. What the fuck are you talking about, relationship?

358. What, are we dating?

359. I'm not your girlfriend. I'm your father.

360. Clean up your life, make an honest living...

361. and then you and I can talk like normal people, all right?

362. - Hey, Seth. - Hi. How you doing?

363. Abby.

364. Oh, yeah. I know. And— I forgot.

365. No, it's okay. I never told you.

366. Besides, the other day, you looked a little frazzled...

367. so I didn't think you'd remember anyway.

368. Today's my first day.

369. - No shit? - Yeah.

370. - See you. - See you.

371. Mm-hm. Mm-hm.

372. No.

373. No, that's not how it works.

374. Look, if I was asking you to own 5 or 10,000 shares...

375. of some pink-sheet, bullshit company with negative earnings...

376. I'd tell you to hang up the phone, call your local broker and short the stock.

377. I wouldn't expect your business.

378. But, Don— Don, I am bringing you...

379. - ... a 60-year-old company... - Seth. It's not your table.

380. on the verge of a major FDA landmark approval. It's like the cancer pill.

381. It's— No. It's a cancer pill.

382. No, Don, it's not Propecia P. It is the cancer pill.

383. Oh, Donald, please take a chance.

384. You look pretty.

385. Thank you.

386. So you wanna tell me where the fuck you were last night?

387. - Not particularly. - Okay.

388. This is for you.

389. Um, you know, I don't know how to better explain this to you...

390. but it's over, okay?

391. Okay.

392. I disagree.

393. Hang on a second. Here you go.

394. What's up with this guy? Is he in? - I don't know.

395. What's going on?

396. Hey.

397. These are the D&B cards. These are our leads.

398. - Morning. - Every one of these cards is an opportunity.

399. These are good leads. People on these cards buy stock.

400. Your job is to call them, get them interested in the firm.

401. You're not selling stock yet, you're selling the dream.

402. Tell them that in a month from now...

403. a senior broker's gonna call them back with an idea.

404. Wait. So who are these people?

405. Average client's 45 years old, from the Midwest...

406. $150,000 annual income, 1 million net, has a local broker...

407. but loves a hotshot New Yorker who sounds good on the phone.

408. So the card won't tell you that.

409. It only has name, address and occupation.

410. So you gotta feel them out, see?

411. "Peter Davis, vice president, Parks Telecommunications."

412. The guy's probably a fucking whale.

413. So feel him out, see what he's playing with. Truth is, it doesn't matter these days.

414. With the Dow where it is now, everybody wants a piece of the market.

415. I can close anyone anywhere in the country.

416. Give me a phone number.

417. I have John Duncklee on three. - Not now. I'll call him.

418. Now, once you qualify the guy, you send him a press packet.

419. It will be easy and it will get you comfortable on the phone, which is key.

420. This entire business revolves around the phone.

421. Play the numbers. This is a contact sport.

422. Meaning the more people you contact, the better you'll do.

423. I mean, a good broker makes over 700 calls a day.

424. What? What's the phone bill like here?

425. This month was approaching 400,000.

426. Listen to me. Even though you're not selling stock yet...

427. I want you to remember the coda that we have here, okay?

428. - Did you see Glengarry Glen Ross? - Yeah.

429. Okay. Do you remember ABC?

430. Yeah. Always be closing.

431. That's right. Always be closing. Telling's not selling.

432. That's the attitude you wanna have, okay?

433. There's two rules you have to remember as a trainee.

434. Number one: We don't pitch the bitch here.

435. What?

436. We don't sell stock to women. We don't do it.

437. Nancy Sinatra calls, tell her you're sorry.

438. They're a pain in the ass, you'll never hear the end of it.

439. They'll call you wanting to know why the stock is dropping.

440. God forbid the stock should go up.

441. You'll hear from them every 15 minutes.

442. - Not worth it. Don't pitch the bitch. - Don't pitch the bitch.

443. Okay. Number two: Don't write wood, all right?

444. Trainees are anxious to get off the phone...

445. they steamroll the guy into getting the press packet so they can hang up.

446. I call back and I'm like, "You spoke to a junior associate of mine."

447. The guy's like, "Not interested. Bye." That's a shitty lead, okay?

448. That's fucking wood. The info we send is bullshit, all right?

449. The most important part of the call is telling them you have that one great idea...

450. and that a senior broker's gonna call them back.

451. This way, they don't think we fire off a million recos a day.

452. We don't want clients thinking you're pitching them something in Journal.

453. - Yeah. Right. - Okay, so no wood.

454. - I'm serious. No wood. - All right. All right. Take it easy.

455. Hey...

456. don't even start that fucking shit with me, okay?

457. I'm telling you what's expected of you and what your job is.

458. I'm trying to make your job easier, okay?

459. Don't give me any of that fucking lip.

460. Okay. Okay, so then— Okay, so fine.

461. What, uh, happens if the guy wants to buy stock right then?

462. Now you're talking. You wanna go into every call expecting just that.

463. Somebody wants a recommendation, put the guy on hold, stand up...

464. and yell "reco."

465. First senior broker who gets on the horn gets the sale.

466. - Sound good? - Yeah.

467. Okay.

468. That suit's dog shit.

469. Get a new suit.

470. No, Ma. I told you.

471. No, I'm not a broker yet. I'm a trainee. I still have to pass my Series 7 test.

472. MRS. Please. You're a stockbroker.

473. You wear a suit to work every day, don't you?

474. Yeah.

475. So, what are we arguing about?

476. Thanks, Ma.

477. You're doing great, Seth.

478. You're working your way up from the bottom. Never easy.

479. What did Dad say about it?

480. He's very happy. Shocked, but very happy.

481. He's waiting for you to call him.

482. - Why doesn't he just call me? - One miracle at a time, okay, sweetie?

483. All right.

484. Mom? MRS.I'm in bed.

485. How you doing? MRS. Hi, baby. How was work?

486. I know you're not staying at home with a bag of cash waiting for me to call.

487. I'm not some 18-year-old selling the cure for AIDS.

488. I'm 46, I have 22 years of market experience.

489. I know this business.

490. So pick up your skirt, grab your balls and let's make some money.

491. Here you go, Greg.

492. I hope this is better than the last batch of shit you gave me.

493. - Produced more wood than Ron Jeremy. - What?

494. I don't want you to yell "reco." You know what you should yell? "Timber." Yeah.

495. Mr. Fucking Wood. I hear you fucking making your calls.

496. It's bullshit, all right?

497. If you want them off the phone so bad, why don't you hang up?

498. You should get them excited. You know, excited?

499. They should beg for a broker on the first call. Shit.

500. Yeah. Uh, Howard Young, please.

501. Seth Davis over at JT Marlin.

502. No, he's not expecting my call. No.

503. - Okay. I'll— Yeah. I'll call him. - Goodbye. Goodbye.

504. - Hang up. Hang up the phone. - That's nice for you to do that for me.

505. There's gonna be a lot of these regardless of how good you are...

506. but you happen to suck big, fat-ass rhinoceros dick. Heh.

507. Well, thank you. That's, uh, confidence-inspiring.

508. I got this friend who runs this other firm. He hands out this book to new trainees.

509. It's called a rebuttal book. It looks like a little Filofax.

510. It's got these, uh, index tabs...

511. but instead of having letters like A to B, G to H, it has all these different, uh, things like:

512. "My wife won't let me" or, uh, you know, "I'm not in the market right now"...

513. or, "Send me a prospectus." It has a rebuttal for any excuse.

514. That's stuff you have to learn later.

515. The most important thing you gotta know right now...

516. is you can be whoever you wanna be on the phone. You know what I'm saying?

517. I mean, who cares? Do what you gotta do.

518. Change your last name.

519. Say you're the fucking vice president.

520. You know? Who cares? Just get the cocksucker on the line, you know?

521. Yeah, but how can I do shit like that? Isn't there a compliance officer here?

522. No. No, man. Everybody does that shit. Are you kidding?

523. Even on Wall Street. What are you talking about? John there?

524. That guy works for us. The guy's a fucking chimp. Look at him.

525. The only work he's doing is making sure my lunch is still hot when it gets here.

526. I mean, he's only here because the SEC requires it.

527. It's the easiest job in the world.

528. Oh, look. I think he's actually masturbating right now.

529. Stay the fuck away from her.

530. Yeah.

531. Holy shit, you slut. You made the call.

532. Oh, no. Don't you dare.

533. Get your filthy one-race paws off my money. Don't even try it.

534. What did you bet? A month's commission?

535. Yeah, and yours too.

536. - How do you get away with this? - I'm a Jew, I have the mind of a champion.

537. See this? Hmm.

538. Here, kid. Go get a tan and some Rogaine.

539. Watch out for this. - Fucking A.

540. The only bookie in New York that delivers FedEx.

541. When are you gonna take the test, Seth?

542. Um, well, you know, after the training program's over.

543. They really want you to get a good idea of how things work there...

544. before you take the Series 7, but it's a great system.

545. I'm learning a lot.

546. Are you gonna be rich?

547. - Oh, God willing. - Ha, ha.

548. I hope so.

549. How come I've never heard of this firm?

550. Um, I don't know. I'd— Um... It's a smaller firm, I guess.

551. You know, there's a million others like it you probably never heard of.

552. I ask because I would've thought that you would've, you know, just joined...

553. a firm like Goldman Sachs or something of that stature.

554. - Marty, what are you starting for? - What?

555. No, no. Ma, it's okay.

556. Um, the reason is, Dad...

557. that the larger houses don't really like to hire kids straight out of college...

558. you know, unless you went to an Ivy League school...

559. or, uh, you wanna do cash-flow analysis for the next 15 years, you know.

560. Um, they usually like you to work outside their firm for a couple of years...

561. just to get a good sense of the marketplace.

562. But most all brokers usually start out in little firms like JT Marlin.

563. That's great. See?

564. He answered the question. That was easy.

565. So now all you have to do is close the casino, right?

566. MRS. Marty, we talked about this.

567. What are you giving me looks for?

568. MRS. Didn't we talk about this? What?

569. - I just— MRS. This was a celebration.

570. You know what? I gotta, um, go meet somebody.

571. I love you, Ma.

572. See you. See you later.

573. MRS. Nice job, Marty.

574. Originally, I got in for the cash.

575. But getting my dad's respect, that's what kept me there.

576. Yeah, so he took some parting shots from time to time. Whatever. I didn't care.

577. Not really.

578. The point is, I had to adapt to this new world.

579. I didn't really know any of these guys.

580. What I did know is they had all the money in the world...

581. and not a clue what to do with it.

582. I've got a present for Mr. Gekko. What makes you think it's his birthday?

583. Well, it's in the Bible, you see? You better go buy him a gift.

584. Please, Natalie. Let me give this to him.

585. Cuban cigars, his favorite. Very tough to get.

586. Please, Natalie.

587. Stay here. I'll see what I can do.

588. Seth, what's up, man?

589. Wait outside.

590. Thought you weren't gonna make it. Sit down. Grab a slice. Have a beer.

591. What's up?

592. Think he fucked Hannah or Sheen fucked her?

593. Both of them. - Did he just move in?

594. He's been here eight months.

595. Well, life all comes down to a few moments.

596. This is one of them. - This is one of them.

597. - Sheen was kind of a pimp. - Oh, shut up, man.

598. Listen. Gekko's coming on.

599. What's going on?

600. I'm looking at 200,000 shares move, pal. I wanna know if we're part of it.

601. We'd better be or I'll come down and eat your lunch for you.

602. Back in two, Alex.

603. Look. I loved it at 40. Fifty?

604. It's an insult. Their analysts?

605. They don't know a preferred stock from livestock.

606. They wait till it goes down and like gumdrops and sperm counts...

607. This is the kid. Calls me 59 days in a row.

608. Wants to be a player.

609. Ought to be a picture of you in the dictionary under persistent.

610. Now, listen, I'm looking for negative control.

611. Okay? No more than 30, 35 percent.

612. Just enough to block anybody else's merger plans...

613. and find out from the inside if the books are cooked.

614. Looks this good on paper, we're in the kill zone, pal. Lock and load.

615. Lunch? Oh, you gotta be kidding. Lunch is for wimps.

616. Okay, Fidel, I'll talk at you.

617. Very good.

618. How do you do, Mr. Gekko? Bud Fox.

619. So you say, "Nice to meet you."

620. Hope you're intelligent. Where'd you get these?

621. I got a connection at the airport.

622. Nice job, Mr. Clean.

623. Hey. Get the fuck off me.

624. I'm really busy, Seth. - No. Look, I understand, doctor.

625. You know, I'm really busy here myself.

626. Look, we're gonna come back to you in one month with one idea only.

627. You know, if you like what we have to say, great. We'll do business. If not—

628. Worst-case scenario, you'll hear yourself a new business idea—

629. - Whoever took that x-ray, it is useless. - You'll chat with your buddies.

630. - We're gonna part as friends, right? - What?

631. Are you working with a million dollars now?

632. Who is this again?

633. Tell me something. You're a doctor.

634. Have you heard of a drug called Phenodryl?

635. It's being manufactured by MSC Pharmaceuticals.

636. - No. - Well, listen. Listen, okay?

637. Listen, it's in the third stage of FDA approval, all right?

638. Word is it'll be approved within the next three months...

639. and it could be tomorrow, for all I know.

640. But, you know, I'm getting ahead of myself...

641. and you're real busy over there...

642. so why don't I send you out the information you requested?

643. No. Wait, wait, wait. Forget the info.

644. Forget the info. Let's talk about this now.

645. What was the name of that drug again?

646. Could you hold on for one second?

647. I'm gonna get a senior broker who's a little more familiar with that particular stock.

648. All right? Hold on a second, okay? One second.

649. Reco!

650. Got it.

651. Sorry.

652. Okay. So his name's Dr. Jacobs and I'd say that he's definitely—

653. - Whoa, I don't wanna hear it, kid. - Okay.

654. Hi, Dr. Jacobs?

655. - This is Chris Marlin over at JT Marlin. - Marlin?

656. - Right. He's my father. - He's my mother.

657. My associate tells me you're interested in one of our stocks.

658. Your wife's on three. I will call her back.

659. Uh, yes. MSC. Sounds like it might be interesting.

660. Might be?

661. "Might be" doesn't sell stock at the rate MSC's going for it.

662. - We're talking very high volume here. - Well, I still have to run it by my people.

663. That's great, doc, if you wanna miss yet another opportunity here...

664. watch your colleagues get rich doing clinical trials...

665. then don't buy a share and hang up.

666. Hold on a second. I just wanna talk about it some more.

667. Honestly, doc, I don't have the time.

668. This stock is blowing up right now.

669. The whole firm's going nuts. Hold on. Let me open up the door to my office.

670. Oh, my God, I'm gonna come!

671. See that, doc? That's my trading floor.

672. I have a million calls to make to a million other doctors who are already in the know.

673. I can't walk you through this right now. I'm sorry.

674. Okay, okay. Let's do this.

675. Now, since you're a new account, I cannot go any higher than 2000 shares.

676. I'm sorry.

677. Two thousand?

678. Are you nuts? That is way beyond what I was thinking. Two thousand?

679. Jesus.

680. I'm curious. Why can't you sell me any more than that?

681. Well, we like to establish a relationship with our clients on something small...

682. before we get to the more serious trades.

683. Let me show you several percentage points on this small trade...

684. then we'll talk about doing future business.

685. That sounds good.

686. Give me the 2000 shares.

687. Done.

688. - You sure you can't do any better on this? - I'm sorry, Dr. Jacobs. I can't.

689. All right. We'll start with this trade, then.

690. Great. I promise we'll swing for the fences on the next one.

691. Do you want that confirmation sent to your office or your mansion?

692. Very funny, Mr. Marlin.

693. Let me put my secretary on and she'll take down your info.

694. It was a pleasure doing business with you.

695. Done and done.

696. Yeah, baby.

697. So, uh, why did you put a max on his buy?

698. - What? - Why did you put a max on his buy?

699. - You didn't tell him how it works? - He's a trainee.

700. - He doesn't need to know initial sell limits. Right.

701. Make sure he shows you the ropes, kid.

702. He's too busy calling his bookie.

703. Fucking Hebrews, always looking out for themselves and never the trainees.

704. Why don't go back to Little Italy?

705. Why don't you go make me a latke, dreidel boy.

706. Abrams, look me up on the board.

707. The reason I capped him is in case he's a piker.

708. See, we're gonna go and front the money for this sale.

709. And if he doesn't send the check, I'm holding the bag.

710. - Follow me? - Right, right.

711. Last month, a kid on Jim's team wrote a million-dollar ticket.

712. The stock was down three and a half points by settlement.

713. - Kid took a quarter million dollar hit. - Shit.

714. You know how much that hurts?

715. Besides, the first sell just whets the appetite.

716. - If he's a whale... - Hmm.

717. - ... which it looks like he is... - Right. Right. Yeah.

718. then I'll get him on a day when there's a rip.

719. - What's a rip? - A rip. Commission.

720. That's why we work here.

721. We make huge rips.

722. No, I'm not— I don't— I still don't know how it works.

723. - I— Okay. A 2-dollar rip... - Mm-hm.

724. which is unheard of anywhere on Wall Street...

725. - Right. - ... means that we're walking away...

726. with $2 for every share we sell.

727. Real money.

728. That's opportunity.

729. Jesus, Greg, you show him where bathroom is yet?

730. Seth, I showed you where Chris' desk is, right?

731. - So— But wait— - Richie.

732. - No. How does Michael afford that? - Do something with this.

733. - I couldn't tell you. - Heh, okay.

734. If he's doing it, he's making money on it. Point is, service your client right...

735. and he'll be back for more. Show him a 3-percent return...

736. and he'll trust you to watch his kids for the weekend.

737. - Abby. - Hey, Seth.

738. Hi.

739. You, um, wanna go get yourself a drink?

740. Yeah. Wait. Do you want anything? Well, okay.

741. What is this? This should be a big broker hangout.

742. Merrill Lynch, Salomon Brothers, mad big-dick Steve. What is this place?

743. Looks like the fucking Christmas party at Mutual of Omaha.

744. Yo, check this out.

745. Check.

746. Oh, my God, would you look at these monkeys?

747. - So, um, who do you live with? Mm.

748. You mean, is this little black girl taking care of grandma...

749. because her mom is a crackhead?

750. Yeah, exactly. I thought it was smack, though.

751. Right.

752. Wait, you gotta get ahold of that edge. It's getting sharp.

753. I know. I know. It's just that, you know what? I get so much shit at JT...

754. that sometimes I have to just get in that mode just to fend them off of me...

755. you know?

756. Yeah, I was gonna ask you. Why are you there?

757. It doesn't seem like the ideal working environment for a black woman.

758. No, it isn't. It's just that, I mean, how many secretaries do you know...

759. that make 80 grand a year?

760. - One. - Exactly.

761. No, no, no, I gotta call the boss.

762. - Hey, hey, look at this guy. Check it. - No way.

763. - Vito Corleone. - Heh.

764. You don't come all my life and then you show up at my daughter's confirmation.

765. Yeah, are you standing up or sitting down? Now that's terrible.

766. - How are you doing? - Hey, what's up?

767. - Hey. - There you go.

768. - Hey, are you guys looking for a broker? - No.

769. Who the fuck are you?

770. - Easy. - I'm not doing anything.

771. I thought maybe you were looking for somebody to invest with.

772. - No. Yeah, we're fine. We are brokers. - You are?

773. Yeah.

774. You guys with, uh, Jacoby & Jacoby? Heh.

775. JT Marlin.

776. Never heard of it.

777. Hold on a second. Who are you? What do you sell, car insurance?

778. We're with this little firm downtown. Maybe you've heard of us, J.P. Morgan.

779. And I'm a black Negro.

780. You know, I know JT. It's a fucking chop shop.

781. Named the firm so it sounds like ours.

782. He knows that firm. It's a chop shop.

783. They named the firm to sound like his.

784. Is he fucking Yogi Biz?

785. Shut the fuck up.

786. - We're not bothering— - What the fuck is with those suits?

787. I mean, you guys look like you're on Gotti's crew.

788. - You look great, seriously. - You have any idea who you're talking to?

789. - Oh, I'm sorry. - Who are we ta—?

790. - You don't know who? - He's Vito and John Jr.

791. I don't wanna get involved in this. We're not bothering you.

792. Hey, Patrick, call out the police. Patrick, come on.

793. It's my dad that's the mess.

794. But that— No, it's not really interesting conversation.

795. What about you?

796. Single mother, no money.

797. And now I take care of her.

798. What's wrong?

799. She's, um, got chronic pneumonia.

800. You know, she smoked for like 15 years and now she's really sick and it's...

801. She's just really happy that I have this job, so that I can support both of us.

802. - But it gets scary sometimes, you know? - Yeah.

803. What about your father?

804. I don't wanna talk about my father either.

805. - Ready? - Mm-hm.

806. Tell me a story.

807. Well, what do you wanna hear?

808. I don't know. Tell me a story about your dad.

809. Well, I have so many great ones.

810. No, come on, tell me.

811. All right, um...

812. Well, I'm 10 years old...

813. and I just got this new bike.

814. It's a, uh, silver Mongoose, you know, like BMX...

815. and I'm, uh, skidding out in this puddle like Starsky and Hutch, you know, like—

816. All right, heh.

817. And, uh, my foot slips...

818. and the pedal spins around hard enough to break my leg.

819. - Oh, my God. - But I don't fall off.

820. I keep going down this hill and I get really scared, you know?

821. So I jumped off the bike and I landed behind this parked car.

822. And I was laying there for a good half hour.

823. And finally, I hear my father's voice up the street...

824. and he's calling my name, and I was so happy...

825. that he was coming to get me.

826. And he comes around the car and he sees me lying there.

827. Mm-hm.

828. I mean, there was, uh, blood everywhere.

829. Anyway, I look up at him and for the first time in my life...

830. I see how much my father loved me.

831. - Because he was completely frozen. - Wow.

832. And it— You know, it hurt him to see me in that much pain.

833. So he leans down over me and, uh, he slaps me across the face.

834. What?

835. Why?

836. I don't know.

837. Maybe he was mad at me for making him feel that helpless...

838. or, uh, like, it was the only thing that he could think of.

839. I don't really care anymore.

840. What I think of now is the look on his face when he first saw me lying there.

841. And that's what I remember.

842. So that's what I miss.

843. There's your story.

844. Sorry.

845. All right, I wanna talk to you guys about appearance, okay?

846. Because most of you dress like shit.

847. I don't know your financial situation, and I don't wanna know...

848. but you gotta get yourself at least one decent suit...

849. because we have a kind of a minimum level...

850. of aesthetic professionalism here that we have to maintain.

851. In three months, you can outfit your closet, but get something to hold you over.

852. There's an important phrase we use here.

853. I think it's time you all learned it.

854. Act as if.

855. Do you understand what that means?

856. Act as if you are the fucking president of this firm.

857. Act as if you got a 9-inch cock, okay?

858. Act as if.

859. To do that properly, you need to at least look the part.

860. So go get dressed.

861. Secondly, it's time to get your Series 7 books.

862. Don't get nervous. If you study, you'll pass.

863. Then you begin trading as an SEC-licensed broker.

864. And then you're a fucking millionaire. And it's just that simple.

865. I need 300 bucks for the books...

866. which will be returned if and when you pass the exam.

867. And I need that tomorrow.

868. That is all.

869. What are you? Last night's erection?

870. Yeah, well, you know it, heh.

871. - What's going on? - We're moving to the big house, kids.

872. Isaac here just closed a guy for 30,000 shares of Farrow Tech.

873. - We're on the big board. - We're in there now?

874. Who's out?

875. Todd and company. Come on, let's go.

876. Look, if you couldn't pull $3000 together...

877. your name wouldn't be on my desk during business hours.

878. John, you're embarrassing me. I'm pitching you.

879. I'm actually embarrassed right now. Bob, Bob, be rude. Hang up the phone.

880. You won't. You wanna know why? Because you see value.

881. I am your kids' college fund. What do you mean you're gonna pass?

882. The only people making money passing are NFL quarterbacks...

883. - ... and I don't see a number on your back. Take me off your list.

884. Fine, fine, I'm gonna take you off my list of successful people today.

885. Hello?

886. Hi, Mr. Davis, this is Ron from The Daily News. How are you doing?

887. - It's Davis and I'm not interested. - I'm sorry to have bothered you.

888. - Have a nice day. - Wait a minute.

889. Wait, that's your pitch?

890. - You consider that a sales call? - Well, um—

891. I get a call from you every Saturday and it's the same half-assed attempt.

892. If you guys wanna close me, you should sell me.

893. All right.

894. All right, start again.

895. Okay. Hi, this is Ron from The Daily News. How are you doing this morning?

896. Shitty, what do you want?

897. It's not what I want, sir, it's what you want.

898. Ron, now we're talking. All right, what are you selling me?

899. I'm offering a subscription to The Daily News at a substantially reduced price.

900. We're trying to reach out to people that have never had home delivery.

901. Right. So you're saying everybody who has a subscription is getting fucked on this?

902. Yeah, I guess so.

903. All right. Well, I can handle that.

904. So tell me, why should I buy your paper? I mean, you know, I—

905. I mean, why shouldn't I get the Times or the Voice, you know?

906. Village Voice is free, sir. If you want it, you should pick it up.

907. The Daily News offers you something no other paper can, a real taste of New York.

908. We have the best features, more photographs than any daily New York.

909. And we have the most reliable delivery. What do you think?

910. You know what I think, Ron?

911. I think that was a sales call.

912. Good job, buddy.

913. So are you gonna buy a subscription?

914. No, I already get the Times.

915. - Booked, booked. - No, I got a hundred against.

916. - Book. - Come on. Someone covers Greg.

917. - Oh, I got you. Hey!

918. Everybody's fighting over here. Good money here against Greg's roll.

919. - Two hundred? - Two hundred. All right.

920. - Something slow, baby. - Heh.

921. Oh!

922. Greg, you motherfucker.

923. - What is that? - All right.

924. Who do you gotta ass-fuck to get a 10? You know what I mean?

925. There's a leprechaun in four. - I'm taking off.

926. Seth, I'm gonna go, uh, get some reserves. You wanna come with me?

927. - Yeah, yeah. You want a shot?

928. Roll a seven, baby. Come on, let's go. - Oh, sorry.

929. Quit staring and just apologize.

930. Hey, hey. He doesn't have to say shit, all right?

931. Why don't you go back to your Heineken and shut the fuck up, okay?

932. Was I talking to you?

933. No, you weren't. You were talking to him.

934. You're talking to him, you're talking to me and my crew, okay?

935. Get the fuck out of here.

936. What? What? Get the fuck out of here before I put you in a mayonnaise jar, okay?

937. Get the fuck out of here. Fucking cocksucker.

938. He's gonna cry like a little baby!

939. Get him, Richie.

940. I told you, little baby. - Richie.

941. Hey, Richie.

942. I'm sorry! Hey, buddy.

943. Come on.

944. You gotta realize. These aren't the kids you and I grew up with.

945. You remember in Hebrew school when a shoving match was, like, a big deal?

946. Mm-hm.

947. Worst-case scenario, somebody got their yarmulke knocked off.

948. It's true, man. These guys are no joke.

949. Yeah.

950. They get all tanked up, throw a quick fist.

951. Some of them actually enjoy it. I mean, like Richie. What the fuck is that, man? Heh.

952. He probably thought I was being tough back there with that guy.

953. I was shitting in my pants.

954. - Oh, I know. I saw that. - Oh, great. Thanks.

955. These fucking Guineas, man.

956. Half of them do coke, they all drink, zero capital, no fucking stability.

957. They make all this money and they're always living three steps ahead.

958. It's just, heh—

959. There's guys who work at the firm that make like a million a year...

960. and they can't get a car loan because their credit's so bad.

961. Everybody is just waiting for the 15th of the month.

962. They may have Porsche, but don't have 10 bucks to put in the tank.

963. - Yeah, no shit. - It's nigger rich.

964. What is this guy doing? Yo!

965. - All right, thanks, man. - Don't forget what I told you about Abby.

966. I think she's trouble, you know?

967. - Don't know what you're talking about. - I worked there a long time...

968. you know, just looking out for my friends, so...

969. I think she's a whore.

970. I'm just telling you.

971. Well, it's a good thing you stopped dating her then, right?

972. - I'll see you later. - All right, see you.

973. Of all the people at JT Marlin, you picked this kid, Davis. Why?

974. He's perfect. He's new, so his loyalties don't run too deep.

975. He also seems to be the smartest of this last group of trainees.

976. The rest of them are fucking idiots compared to this kid.

977. He used to run a full-time casino out of his house in Queens.

978. Now he just picks up the checks.

979. He'll turn state's, no question.

980. How are you gonna get to him?

981. I'm working on that. We started surveillance. We'll get to him.

982. Hey, Jeff!

983. Hey, Jeff, get up here.

984. What's going on?

985. One week I can understand, but this is approaching five weeks now.

986. The profits are down 40 percent since the last week I was here full-time.

987. I'm not you, Seth. I'm not gonna kill myself for half the profit.

988. You get to come in here and pick up your money, and it sucks.

989. Heh, what?

990. Hey. Hey, you know what?

991. This is my business.

992. You used to make $10 an hour.

993. Now you're making 1000 a week and you're still not fucking happy?

994. What the fuck is going on, Jeff?

995. Nothing. You can check the tapes, man.

996. I didn't say anything. Are you skimming?

997. - No. No, I'm not skimming, all right? - Are you?

998. I mean, I can't handle a 24-hour gig all by myself.

999. This isn't fucking Denny's.

1000. You know, I'm trying to finish school here.

1001. All right, all right. So look, why don't you do this?

1002. Why don't you take on another partner...

1003. and you can split your share with him, which I'll up to 65 percent...

1004. and then you can go to school during the day and work at night.

1005. I...

1006. I'm already doing that.

1007. You are?

1008. Yeah.

1009. I took Dave on last month.

1010. And you still can't fucking handle it?

1011. - Man, it's a lot of work. - Fuck!

1012. Fuck.

1013. All right, that's it. It's over.

1014. I'm shutting it down.

1015. And get those kids out of my fucking house.

1016. By delaying, you simply restrict my ability to do my job.

1017. - Good. Am I? I'm not trying—

1018. You know, I didn't get to where I am today by losing my clients' money.

1019. I wasn't implying that.

1020. Put your confidence in myself and JT Marlin.

1021. And I'm telling you, we'll never ask for it again.

1022. Put your confidence in myself and JT Marlin...

1023. and I'm telling you, you will never have to ask for it again.

1024. Shut up.

1025. Um...

1026. Okay, let's do this.

1027. Thank you. Thank you. Are you at work?

1028. I'm gonna pass you on to my secretary. You call me when the stock doubles.

1029. Sheryl, make it so, baby!

1030. All right, so I got into it.

1031. Do you know how good it feels to close someone?

1032. To sell someone?

1033. It's amazing.

1034. What's going on?

1035. Seth just closed this guy for 10 large.

1036. Amazing. See?

1037. You see—? What are you doing?

1038. You're one of us now.

1039. You popped your cherry.

1040. Hey, Seth.

1041. - Come here a second. - Yeah. Yes, sir.

1042. Yes, sir.

1043. What's up? Greg, I just closed this huge account for you.

1044. - Come here. - Get away. What are you doing?

1045. What the fuck are you doing?

1046. - What is this, huh? - Heh. What?

1047. Who told you you could close accounts?

1048. You just violated a major SEC regulation. Do you know that?

1049. You're a fucking trainee.

1050. No, I— You know, I just figured I—

1051. I figured I'd take the initiative...

1052. and you know, make you some money. I mean, I—

1053. Greg, I was standing right next to him the whole time.

1054. I would've stepped in if kid would have got in trouble.

1055. Yeah, I mean—

1056. You got a cannoli you can stick in your mouth?

1057. Got a menorah you can shove in your ass?

1058. Come on. Fuck him. Come on.

1059. I don't even give a fuck about the money, okay?

1060. Know what would happen if trainees started handling their recos?

1061. Do you?

1062. This shop would be closed in a week.

1063. Wait. Is this about something else?

1064. Oh, what would that be, huh?

1065. Great.

1066. Don't you have to go answer the phones?

1067. You know what? Fuck it. We'll deal with this later.

1068. Hey. Hey.

1069. I'm trying to convince you.

1070. Don't tell me that's why I'm not hitting it anymore.

1071. Oh, honey, you were never hitting it.

1072. And he's not the reason, Greg. You are.

1073. That was incredible. Come on.

1074. Jesus Christ, they're all the same.

1075. What's the same?

1076. Oh, my God. You scared me.

1077. I'm sorry.

1078. Wait. How long have you been standing there?

1079. Oh, I just walked up. I'm sorry. I didn't mean to scare you.

1080. No, no, that's all right.

1081. Interesting reading?

1082. This? No, this is just the, uh, prospectus from the last IPO the firm put out.

1083. I know. I was asking if you thought it was interesting.

1084. You might be the first person to ever read a JT prospectus.

1085. - Really? - Yeah.

1086. So, what were you looking for?

1087. I was looking for some chocolate love.

1088. You know what? Would you like me to practice my pitch?

1089. - Because I know it turns you on. - Oh, God.

1090. You know, I saw John Feiner shredding a bunch of documents the other day.

1091. Heh, what? You don't think that's weird?

1092. You say you like the hard sell and the money.

1093. - Yeah? - Yeah, and then you question it...

1094. the minute you see something that's a little bit off.

1095. No, I'm serious. Either you admit to yourself...

1096. that it's not charity work and enjoy it, or get out.

1097. You cannot keep going back and forth like this.

1098. I mean, come on. It's ridiculous.

1099. Can you buy a bigger bed when you get some money, please?

1100. How big is your bed?

1101. Bigger than this one.

1102. You have an even bigger bed?

1103. Hello? Hi, Harry.

1104. Seth Davis over at JT Marlin.

1105. - How you doing? - Fine, thanks.

1106. Uh, you got a call from an associate broker of mine.

1107. I wanted to know if you enjoyed the information.

1108. Uh, what information?

1109. If you get much mail, you brushed it aside.

1110. But more importantly, we made a commitment to get back to you.

1111. Listen, I'm presenting you an investment opportunity...

1112. that you're gonna find interesting.

1113. I'm not in the market for that right now.

1114. Are you married or are you happy?

1115. Uh, actually, I've been married for 10 years.

1116. Oh, yeah. That's great.

1117. Yeah, six years for me.

1118. So, uh, listen, are you playing the market at all?

1119. Uh, well, I don't know about playing. Um, I do own some blue chips.

1120. They were gifts from our friends in New York.

1121. Well, listen, Harry.

1122. We have an explosive situation going on right now.

1123. A pharmaceutical company, Farrow Tech...

1124. has a drug called Parattin in the third stage of FDA approval.

1125. - What's it do? That's a good question.

1126. That's a very good question and this is the best part.

1127. It helps premature babies develop properly.

1128. - That sounds like a good drug. - It is.

1129. Those blue chips, what have they done for you since you got married?

1130. - Not that much. - Well, you see...

1131. we deal in stocks that move.

1132. - Okay. - Oh, yeah. They really move.

1133. I'd love to show you what I mean, and I can do so on a small investment.

1134. I can't buy anything right now.

1135. My wife and I are getting ready to buy a house...

1136. and, uh, we're trying to save every last penny.

1137. Look, Harry, I don't care how much stock you pick up.

1138. I want you to test me out.

1139. I want you to judge me on the percentages I show you.

1140. I show you 30 or 40 percent...

1141. no matter how small your position is, you're gonna get excited about my idea.

1142. - Right? - Yeah.

1143. Of course. You'd be handing out my cards, wouldn't you?

1144. - Heh. - Right?

1145. Do this. Pick up a hundred shares.

1146. It's the firm minimum, all right?

1147. I show you three or four points, it's not gonna make you rich.

1148. On the same token, if the stock doesn't go anywhere...

1149. you're not out with a cup in your hand.

1150. - No, that's true. Look, Harry.

1151. The truth is, I could sell you a lot more than a hundred shares...

1152. and feel completely comfortable about the trade.

1153. But I'm asking you to start small just to prove what I can do for you.

1154. All right. All right, let's try it.

1155. Great. So should I send the confirmation to your business or your home?

1156. Yeah, um, I need to talk to my wife.

1157. - You don't need to do that. I'll call back.

1158. - I'm going to lunch. - I need to talk to her first.

1159. Harry, uh, you're at work right now, aren't you?

1160. Yeah. - So, what do you do for a living?

1161. I'm, uh, a purchasing manager at a gourmet foods company.

1162. Does your job involve making decisions? - Of course.

1163. When you're making these decisions, you ask her what you should do?

1164. Of course not. But that's different.

1165. How is that different? It's your money. You earned it.

1166. All you're doing is investing it. I'm not selling crack here.

1167. She's gonna be happy that you've made a wise investment for the family.

1168. Think of the flip side. Your wife does the shopping...

1169. does she call you if she can use a coupon for Cap'n Crunch?

1170. Now, come on.

1171. - That's not being fair because— No, I know.

1172. Look, Harry. Harry, I'm just trying to make a point here.

1173. Look. Look, we're not talking about a lot of money here.

1174. And just think what she's gonna say when you bring home a big, fat check...

1175. because you had the foresight to see a good thing coming.

1176. All right.

1177. - Let's try it. Good man, Harry.

1178. Look, you made a great decision, all right? Hold on a second.

1179. Do it.

1180. Hello? Yo.

1181. Hey, what's up?

1182. Hey, you passed the Series 7. Decide where we're celebrating tonight.

1183. Well, I was thinking that we should go to the city tonight...

1184. because we're always drinking at those local bars.

1185. We should go to a decent bar with some decent poo-poo.

1186. If I have to look at one more housewife smoking Newport, I'm gonna fucking puke.

1187. Let me round up the guys. We'll pick you up.

1188. - All right. - You got it.

1189. Okay, bye.

1190. This fucking guy probably got more rooms in there than he's ever even been in.

1191. Look at it. It's fucking huge.

1192. Hey, Chris, why do you still live with your mother?

1193. What do you mean?

1194. Well...

1195. I was wondering.

1196. Do you ever wonder how we make the rips that we do?

1197. I mean, how is it that we make rips...

1198. that pay out more than any other major firm?

1199. You're kidding me, right?

1200. That's the wrong— Heh.

1201. Seth, that's the wrong question to be asking.

1202. - Why? - The only thing...

1203. you should be worried about is how you're gonna get laid tonight.

1204. No, I'm serious. Don't you—? You know, don't you—?

1205. You know that SEC regulations state...

1206. that the maximum rip allowed is, like, 5 percent of the sale...

1207. and we're making, like, four times that.

1208. You just passed your Series 7...

1209. - ... now you're an inspector or something? - Ha, ha. No, no.

1210. - Aren't you happy with the way things are? - Yeah, of course.

1211. No, I'm just curious. I mean, you're not curious?

1212. Not at all.

1213. I like being a millionaire.

1214. And you will too, believe me.

1215. - What's up? - Yeah?

1216. You need help?

1217. With what?

1218. Getting into the fucking child seat. Come on, check off.

1219. Why did the feminist cross the road?

1220. To suck my fucking cock.

1221. That's funny.

1222. Damn straight.

1223. Order me another one.

1224. Who UAT'd this Budweiser for me? - I did. What's up?

1225. I hate Bud. Send this back. Give me your beer.

1226. - What's a UAT? - Unauthorized trade.

1227. Uh-huh. - So, Seth, anything killing you yet?

1228. All right, yeah. Yeah.

1229. Come on. - You know what I fucking hate?

1230. Is getting past the fucking secretaries.

1231. It doesn't matter if you're a broker. It's a sales call and they know that!

1232. It's true. They know that.

1233. I'm gonna open a firm.

1234. Yo, hold on a second. You're opening things now?

1235. Kid just passed his fucking test, now he knows the whole thing.

1236. What's wrong with you?

1237. You haven't even popped your cherry yet.

1238. Hey, whatever. Let's toast to Seth. Here you go.

1239. - Come on. Come on. Toast it up.

1240. Highest Series 7 score this month.

1241. Yeah. Right here.

1242. Big dick, enjoy it while it lasts.

1243. Uh, hey. Hey.

1244. Uh, do you guys think you could just try and keep it down some?

1245. You guys are at a 10.

1246. We could use you at a two.

1247. You gotta be kidding me. - Sorry about that.

1248. Chelsea army. Why don't you concentrate on food...

1249. - ... instead of us? No, no, no.

1250. What are you eating, huh? A tube steak smothered in underwear?

1251. - Please. - Huh?

1252. Hey, great outfits. Hey, you guys just coming from a city council meeting...

1253. or are you trying to get lucky with the crowd?

1254. - Oh, no. - It's funny, man.

1255. Hey.

1256. You know what they should do with you guys?

1257. They should take all of you guys and throw you all on a fucking island.

1258. Yeah. Hey, guess what?

1259. - What? - You're on it.

1260. - No, no, no. - He got a point.

1261. He got a big point.

1262. Way to go, girl.

1263. Here you go.

1264. You take it.

1265. Hey, uh, Harry, who's JT Marlin?

1266. Oh, I forgot to tell you. I bought a little bit of stock.

1267. - Yeah? Well, what did you buy? Mm-hm.

1268. It's this pharmaceutical company. It's poised for a big jump.

1269. They make a new drug that helps premature babies...

1270. survive the first three months.

1271. - Isn't that great? - It's great. Yeah, that's great. Heh.

1272. So how much did you buy?

1273. Nothing crazy, Susan.

1274. Just a hundred shares.

1275. Uh, at what price?

1276. Eight dollars.

1277. It's okay. Relax.

1278. Okay, heh.

1279. So how'd you even know who to call?

1280. - Actually, he called me. - Who did?

1281. Uh, Seth Davis, the broker.

1282. He's a really great guy.

1283. He's a family man, actually.

1284. Well, how did he get your name?

1285. I have no idea.

1286. - Doesn't that worry you? - It's just— It's okay.

1287. Relax, all right?

1288. - Okay. - It's a small investment.

1289. And I'm just testing this guy out.

1290. If he doesn't show us any gains on this trade, I won't do business with him again.

1291. Okay.

1292. I don't know why the hell I walked in there.

1293. Things were going well for me.

1294. I had passed the Series 7 and was closing my 40 accounts for Greg.

1295. I didn't wanna go in.

1296. I really didn't.

1297. But part of me had to know what Michael was doing in there the week before.

1298. Why would they be walking into the building next door?

1299. The place was empty.

1300. I should have just let it go.

1301. Do we have parking?

1302. Yes. Again? Why?

1303. I want the garage.

1304. Do we have the same security guy? Yes.

1305. Are these hooked up? - Yeah, all this stuff.

1306. If the heat comes, we have to jump. How long to move the whole firm?

1307. - Everything. - Under two hours.

1308. Under two hours, literally.

1309. - They'll be making calls that afternoon. - Okay.

1310. All right. I gotta get back.

1311. I don't know if that's—

1312. My first thought was that we were moving to nicer offices.

1313. Nice thought.

1314. I came to realize it was a quick out for Michael if things got out of hand.

1315. Miss Halprin.

1316. Special Agent Drew. FBI.

1317. This is Agent Etkin.

1318. We'd like to talk to you about your relationship with Seth Davis...

1319. and about your mother's health.

1320. Didn't take long to close 40 accounts.

1321. I was closing five a day, sometimes six. Just killing it.

1322. Greg certainly didn't make it easy, though.

1323. But I was focused.

1324. I was about to start making the serious dough.

1325. I was about to be on my own.

1326. All right, at the house.

1327. Sheryl.

1328. Yes! My first whale, my first account, my book, baby.

1329. Seth, I hate to bust in on your little victory speech...

1330. but, uh, that's your 40th account.

1331. Right. I'm out of the junior program. I don't work for you no more.

1332. No, that's true. You're out, but, uh...

1333. that account's mine.

1334. What? Fuck that. No, I keep the 40th.

1335. You don't even know.

1336. - No, you don't. What?

1337. - Wait a minute. Is this about Abby? - Heh.

1338. Are you that fucking bitter?

1339. Hey, I've made a lot of money for you in three months, more than any other trainee.

1340. Okay. You're not listening to me, all right?

1341. I couldn't do it if I wanted to.

1342. I mean, what—? Heh.

1343. Rules are rules, man.

1344. Oh, man. Oh, man.

1345. Greg, don't be a dick. You can bend the rules.

1346. I gave each one of my guys their 40th.

1347. - Come on. - Do me a favor.

1348. Shut your fucking mouth.

1349. Okay? I'm not talking to you.

1350. You know what? You know what? Fuck you. Fuck you.

1351. You're paying for it more than you'd ever thought.

1352. You're on my team. You understand that?

1353. I am not on yours.

1354. Don't you ever forget that, bitch.

1355. Yeah!

1356. - How's everybody doing? Yeah!

1357. I just wanted to congratulate you all.

1358. For anyone not yet convinced, these were the top dogs of the month:

1359. Jim Young, $280,000.

1360. Chris Varick, $205,000.

1361. And Greg Weinstein, $190,000.

1362. This month's gonna be bigger.

1363. It's actually gonna be the biggest month we ever had.

1364. We've got a new issue I wanna talk to you about, okay?

1365. It's called Med Patent.

1366. They just designed the world's first retractable syringe.

1367. This means that nurses and doctors...

1368. will never again have to worry about infection from dirty needles.

1369. This is not going to be an alternative in the medical world...

1370. this is gonna be the standard.

1371. We all know that we're here to make money...

1372. Yeah.

1373. but if we can do something good like this, then it's all the better.

1374. Yeah.

1375. So I want you to go out and buy yourselves a new car...

1376. or buy yourself a house.

1377. Go into debt.

1378. You are gonna make a million dollars inside of six months.

1379. Yeah!

1380. Now, onto matters of recreation. We're gonna be taking a class trip tonight...

1381. so call your moms and tell them not to wait up.

1382. Yeah!

1383. We're players now, boys! Let's celebrate. Salud!

1384. What's wrong?

1385. Nothing.

1386. Seth, I know you.

1387. Just work.

1388. It's your father, isn't it?

1389. No, no, everything is great with my dad.

1390. He's— You know, he's taking me out to lunch next week on his request.

1391. Do you know how happy that shit makes me?

1392. I do.

1393. You know, I mean, it's all based on this job.

1394. This very legitimate, respectable job that he can tell his friends about...

1395. - ... during the Yom Kippur appeal. - Heh.

1396. But, you know, I'll take it. I mean— Heh.

1397. Oh, fuck.

1398. I'm so fucking close.

1399. You know? And I'm fucking it up. I mean, I...

1400. How are you fucking it up?

1401. I went to the office, the Med Patent office, this morning, and there isn't one.

1402. It's cardboard. There's nothing. There's no employees.

1403. There's no research and development. There's nothing.

1404. I found out how Michael's making his money.

1405. We're selling stock for companies that don't exist.

1406. Do you know what bridge financing is?

1407. No.

1408. Well, basically, it's a way to raise capital for a company that's trying to go public.

1409. They get money from outside investors.

1410. They're the bridge.

1411. And it's perfectly legal as long as there's no connection...

1412. between the investors and the firm.

1413. But Michael's fronting his friends as the investors on every IPO we do.

1414. So that's why all the names on the contracts are the same.

1415. Right. Then he has us push it all on the open market.

1416. We're basically selling Michael's shares. That's where the 2-dollar rips come in.

1417. He can pay us that much and it's worth it for him...

1418. because he depends on us to literally create the market for him.

1419. There's no other firm selling this shit. It's all artificial demand.

1420. As soon as we sell off his position...

1421. there's no need to maintain the inflated price anymore.

1422. - We stop pushing it and then— - And then it crashes.

1423. Right.

1424. But, you know— I mean, but how does that really affect me?

1425. I mean, no. I mean, I'm just selling stock. There's nothing wrong with that.

1426. So I know now how Michael makes his own money.

1427. And I know that I'm not working at Goldman Sachs, but we already know that.

1428. So how does this really change anything?

1429. I don't know, Seth.

1430. You tell me.

1431. What?

1432. Here we go. Ha, ha.

1433. JT Marlin. How may I direct your call?

1434. I think I'll just talk to you.

1435. Why are you calling me here?

1436. Time's running out, Abby.

1437. I need to know what he's doing.

1438. You know what?

1439. I'm getting tired of this. I don't even know why I talked to you.

1440. You have nothing on me.

1441. I'm gonna hang up this phone now.

1442. You're putting all the deals through. Your signature's on every sell ticket.

1443. So go ahead, hang up.

1444. We'll send a car over for you this afternoon.

1445. You gotta get to that point and then you gotta be quiet.

1446. Goddamn it, you fucking guys!

1447. I'm gonna keep this short, okay?

1448. You passed your 7's over a month ago.

1449. Seth is the one that's opened the 40 accounts for his team leader.

1450. When I was a junior broker, I did it in 26 days.

1451. Okay? You're not sending out press packets anymore.

1452. None of this Debbie-the-Time-Life-operator bullshit.

1453. So get on the phones. It's time to get to work!

1454. Get off your ass!

1455. Move around. Motions creates emotion!

1456. I remember I had this guy call me up, wanted to pitch me.

1457. Right? Wanted to sell me stock. So I let him.

1458. I got every fucking rebuttal. Kept him on the phone for an hour and a half.

1459. I started asking him buying questions like, "What's the firm minimum?"

1460. That's a buying question. Right there, that guy's gotta take me down.

1461. It's not, "What's your 800 number?" That's a fuck-off question.

1462. I was giving him a run and he blew it, okay?

1463. To a question like, "What is the firm minimum?" The answer is zero.

1464. You don't like the idea, don't pick up a share.

1465. And this putz is telling me, you know, uh, "100 shares." Wrong answer. No!

1466. You have to be closing all the time!

1467. And be aggressive, learn how to push.

1468. Talk to them. Ask them questions.

1469. Ask rhetorical questions. Doesn't matter. Anything. Just get a yes out of them.

1470. "If you're drowning, I throw a life jacket, would you grab it?"

1471. "Yes."Good. Pick up 200 shares. I won't let you down."

1472. Ask them how they'd like to see 30-, 40 percent returns.

1473. What are they gonna say? "No"? "Fuck you"?

1474. "I don't wanna see those returns"? Stop laughing. It's not funny.

1475. You can't learn how to close, start thinking about another career.

1476. And I am deadly serious about that.

1477. Dead fucking serious!

1478. And have your rebuttals ready.

1479. Guy says, "Call me tomorrow." Bullshit!

1480. Somebody tells you they got problems about buying 200 shares...

1481. is lying to you.

1482. You know what I say to that?

1483. I say, "Hey, look, man, tell me you don't like my firm.

1484. Tell me you don't like my idea. Tell me you don't like my fucking necktie!

1485. But don't tell me you can't put together 2500 bucks.

1486. And there is no such thing as a no-sale call.

1487. A sale is made on every call you make.

1488. Either you sell the client some stock or he sells you on a reason he can't.

1489. Either way, a sale is made.

1490. The only question is, who's gonna close? You or him?

1491. And be relentless.

1492. That's it. I'm done.

1493. When I tell you that this man was a first-rate loser...

1494. I was saying, "What are you doing getting involved with a divorcé?"

1495. Didn't work the first time, it's not gonna work the sec— Your phone.

1496. - I should let you go. I'll scoot. Yes.

1497. How you doing? - Seth, uh, did you get my calls?

1498. Yeah. I'm sorry. It's been crazy around here.

1499. What is happening with, uh, Farrow Tech? It's down 5 points from when I bought it.

1500. And I think we should...

1501. - I wanna sell it. - You wanna sell now? The stock's down.

1502. You don't make money buying high and selling low.

1503. So, what's going on? You tell me why we shouldn't just, you know, heh, get out now.

1504. Here's the deal. I told you things would happen within 60 days.

1505. It's only been 20 so far, but the situation is explosive...

1506. and I wanted to get you involved.

1507. That's why I haven't returned any calls. I've been gathering information.

1508. Stock's down for tech reasons.

1509. It came off the restricted list, but it's the same company.

1510. Farrow's been doing nothing but signing more contracts.

1511. I'm telling you, it's looking like our next big one.

1512. Hey, guys. Listen up.

1513. Harry, I'm sorry. Can you hold on a second?

1514. Hey. Shut the fuck up!

1515. I just got word from Michael. The rip on Farrow Tech is now $3.

1516. Harry. Harry, listen to this.

1517. I swear to God.

1518. Jesus Christ. What's going on over there?

1519. See what I'm saying? People know. The whole place is going nuts.

1520. It's already up a point, it just came off the restricted list.

1521. I'm advising all my clients to get in on this and heavy.

1522. You get the same stock that we picked up at 8, only now it's at 4.

1523. Now, when it was at 8, I told you it was going to 20.

1524. - You did. - It's still going there.

1525. Even higher. This doesn't change anything except that you'll be making more money.

1526. I liked it at 8. I love it at 4. It's an average down for you.

1527. - A what? - It's called dollar-cost averaging.

1528. If you own 100 shares at $10 and you pick up 100 at 5...

1529. that's 200 shares at 7.50 a share. Your cost basis is lower.

1530. If I get you at 10, I take you out at 15.

1531. - How many points did I make you? - Five.

1532. But if I get you at 7 and a half, I take you out at 15.

1533. - That's 7 and a half points. That's better. - Yeah.

1534. Wait, let me close the door to my office. One second, all right?

1535. I also have a bullet on it.

1536. A couple of days ago, Dan Dorfman on CNBC put a heavy buy recommendation...

1537. on Farrow Tech.

1538. Listen to me, off the record, I just called a broker friend at another firm...

1539. and had him pick me up 50,000 shares under my sister-in-law's name.

1540. I'm gonna put all my kids through college with this stock.

1541. I have a thousand more calls I have to make.

1542. I have to call every one of my clients and give them the opportunity.

1543. Remember when we first spoke?

1544. I told you that this firm only has six or seven great ideas a year?

1545. Well, Harry, this is one of those ideas.

1546. I remember you saying something about buying a house.

1547. - Yeah. - Well, how'd you like to pay for it tomorrow?

1548. In cash.

1549. - You serious? - Serious as cancer.

1550. Okay, all I have is the 50,000 from our savings account.

1551. Seth, you got a call on line three.

1552. Look, Harry, that's my secretary. I have to go.

1553. What's it gonna be, Harry?

1554. This kid is really good.

1555. God, he's gonna go down hard.

1556. You think I wanna live in this apartment the rest of my life?

1557. - Sometimes I wonder. - I'm the one that got the raise.

1558. Try and remember I'm the one that goes out every day and support this family.

1559. You can't keep using that shit, Harry!

1560. I told you that I would go out and get a job.

1561. But you forbid it and then you use it against me.

1562. - Look, Susan, we'll buy the house! - With what?

1563. - That was our savings, remember? The stock's gonna go up.

1564. - Seth promised— No, get out of it.

1565. Sell it all tomorrow morning!

1566. Hey.

1567. I spoke to Howard Goldberg over at Prudential.

1568. You lied again, you unbelievable piece of shit.

1569. You lied to all of us.

1570. He told me about JT Marlin.

1571. It's a chop shop, Seth.

1572. You've been selling their shit all this time.

1573. How many people have you fucked over? Tell me. How many?

1574. All that bullshit about them wanting you to know how the business works.

1575. The great training program. Remember?

1576. All the profits you've made for your customers?

1577. Did you do anything for them, Seth? Tell me. Did you make them any money at all?

1578. Oh, God, I'm done with you, Seth. This is it. I've had it. I don't wanna see you again.

1579. I don't want you to come to the house. I don't want you to call.

1580. This is worse than the casino, Seth. You've been stealing.

1581. Look at me.

1582. You're destroying people's lives.

1583. I'm telling you. He's about to make a move.

1584. No. I can't afford to leave him out there any longer.

1585. This girlfriend of his may have already tipped him off.

1586. - He could run at any time. - She hasn't, sir.

1587. How could you possibly know that?

1588. And if you're right and she's so loyal to you...

1589. then why hasn't she given us any information yet?

1590. I want Davis brought in by the end of the week. Period.

1591. As you know, there's gonna be a lot of heat coming because of what Farrow Tech did.

1592. Be smart on the phone. Calm people down.

1593. The stock's dropped 86 percent from yesterday's close.

1594. I don't want people dumping their shares.

1595. Isaac? I got a Mr. Klastow. He's super hot.

1596. Fuck, I gotta deal with this guy now?

1597. You wanna transfer your account? Go ahead.

1598. You're gonna transfer to some broker who doesn't owe you shit.

1599. Sorry we couldn't foresee this when we came to you with the stock.

1600. I lost you $60,000. There is no one who wants to make that back for you more than I do.

1601. I'll do that right away.

1602. When's the last time you closed something? You couldn't close a fucking window, moron.

1603. What the fuck is this, huh? What is this?

1604. You think I'm gonna sign a sell ticket for you? What did I just say, huh?

1605. Get him on the phone and explain the situation.

1606. Right now— Get on the phone.

1607. No one is gonna unload today, you hear me? No one.

1608. You mutt.

1609. Seth, I've got a Harry Reynard on the phone.

1610. Uh, yeah. Put him through.

1611. Harry, I was gonna call you. - I want my money back.

1612. Look, Harry, I know you're pissed.

1613. We had a setback, but don't worry about it. It's become a gold stock, all right?

1614. You know, I plan to bring you 8 or 9 points over the course of this year.

1615. People are talking about it like it's the next Microsoft.

1616. Listen, Seth, I am in a heap of trouble here. I need that money back.

1617. It was supposed to be a down payment for a house for my family.

1618. And now we're gonna lose the house.

1619. - Harry, Listen, it's gonna rebound. - Seth, I need the money back.

1620. I'm sorry, Harry, I can't do that.

1621. Please, Seth, I need the money back.

1622. I have to go.

1623. Hello? Hello?

1624. If he calls back, I'm not here.

1625. - JT Marlin - Seth Davis.

1626. - May I ask who's calling? - Harry Reynard.

1627. Uh, Mr. Davis just stepped out for a meeting.

1628. Oh, God.

1629. Damn it!

1630. I wish my dad could have stepped into the casino just once.

1631. He would have had to be impressed.

1632. Four employees, an organized payroll, huge client list.

1633. It's funny, looking back. The illegal business I was running...

1634. was the most legitimate thing I had going.

1635. I looked my customers in the eye and provided a service they wanted.

1636. Now, I don't even look at my customers.

1637. And I push them something they never asked for.

1638. What are you doing here, Seth?

1639. I thought I told you I didn't wanna see you again.

1640. I need to, uh, talk to you.

1641. What is it?

1642. I want out of the firm.

1643. Great. Leave. I don't care what you do anymore.

1644. Your coming here is unacceptable to me. You wanna cost me my judgeship?

1645. - No. - I can't have any connection to you.

1646. I wanna get out of the firm like you told me to.

1647. I just need your help.

1648. What do you need my help for?

1649. You're getting out. Fine. Whatever.

1650. I don't care if you stay there or not. Just get out of here.

1651. I wanted to.

1652. There was this, um, investment that I wanted to tell you about.

1653. Oh, Seth. Please. Please. You gotta be kidding me.

1654. No. I mean, you can make a lot of money.

1655. Seth, you listen to me.

1656. You know, we could go in on a couple big trades...

1657. that, uh, JT Marlin wants you to invest in.

1658. Um...

1659. And then when the next IPO comes out—

1660. Stop. Stop. Are you asking me to go in on a stock scam with you?

1661. What are you, out of your fucking mind? Are you nuts?

1662. Listen, I think it's time for you to—

1663. - Do you remember this day? - Yes, of course. I bought you that bike.

1664. Do you remember what happened about a month after that?

1665. All right, Seth. What is it? What do you want from me?

1666. Do you remember when I broke my leg?

1667. Yes, Seth, I remember you broke your leg.

1668. What is it, Seth? What do you want? You were hysterical. I had to get you to stop.

1669. My fucking leg...

1670. was broken.

1671. I'm sorry. I'm sorry I couldn't get the job that you wanted me to have.

1672. But— I mean, who gives a shit?

1673. Because I'm good at what I do, Dad.

1674. I'm good at what I do.

1675. And the casino— The casino was a fucking business.

1676. And I ran it pretty fucking well, Dad.

1677. And to think that I closed it for you.

1678. Wait, wait, wait. What? Wait. When did you close it?

1679. I went after this job because I thought it was what you wanted me to be doing!

1680. Seth. Seth, wait a second. When did you close it?

1681. And I tried to make the changes that you wanted me to do.

1682. And I'm leaving JT now.

1683. I just— I'm just asking you for this one thing, Dad.

1684. Just this one thing, please.

1685. Just to help your son.

1686. I can't, Seth. I can't. I'm sorry.

1687. - So, what are you gonna do now? - I'm still gonna fucking do it.

1688. I have a friend that's gonna go in with me.

1689. If I do it right, I can take JT for at least 300 grand.

1690. - My father can go to hell. - Seth, my mom.

1691. - I'm sorry. I'm so— - I don't think you should do it.

1692. I think you should just quit.

1693. I told you, I have invested too much time in this.

1694. I have no more money coming in anymore...

1695. because Jeff tanked my fucking gold mine.

1696. I need this.

1697. I could hook you up with my friend at Smith Barney. You can get a job there.

1698. Doing what? Doing what? Ticket running?

1699. Do you think coming from JT Marlin...

1700. they're gonna let me trade? There's no fucking way.

1701. Why are you so against this? What do you care if I pull this off?

1702. This is gonna be great for both of us.

1703. Seth, I just have a bad feeling about all this.

1704. - I gotta go. - Seth, I need to talk to you.

1705. - I just gotta figure something out. - I need to tell you something.

1706. Please don't walk out—

1707. MRS. Abby, can you come here for a second?

1708. Yeah, Mom, one sec— Seth.

1709. Fuck.

1710. Mommy, what's going on?

1711. - Let's go— Okay, get that. Let's go. - Mom, where are we going?

1712. Let's just go. Let's go, come on.

1713. I know. You went too far this time.

1714. Well, then when you figured it out, you should have said something.

1715. No, he certainly hasn't helped any.

1716. But he loves you, Seth.

1717. Do you know that?

1718. It's important that you know that.

1719. Seth. Line three.

1720. Seth Davis here.

1721. Hi, Seth, how are you?

1722. - Dad? - Yep.

1723. Listen, can I change your mind about doing this IPO scheme?

1724. Uh, no— No, I'm sorry. I've already gone in with somebody.

1725. Well, I'm gonna help you out with this.

1726. You're gonna do it with me?

1727. No, Seth, I can't do that, but at least I can make sure you don't get caught.

1728. I know somebody over at Ellis Proud.

1729. They can talk to you about it.

1730. So why don't you come over to the house tomorrow night?

1731. Thank you, Dad. I'm so glad you called.

1732. Me too.

1733. Okay, kiddo, tomorrow night.

1734. Okay.

1735. So do you wanna talk to me? Or— I mean—

1736. I don't know what to tell you, Seth.

1737. I mean, first, think about this whole thing.

1738. If you pull this IPO deal off and I'm associated with you...

1739. what do you think is gonna happen to me?

1740. - They're not gonna prove anything. - Who says they have to?

1741. I'm gonna lose my job unless I put some distance between us right now.

1742. Who cares about that?

1743. I'm gonna take care of you.

1744. Look, you are the one real thing in my life right now.

1745. Get out of the car, please.

1746. Seth Davis, you're under arrest for the violation of 26 SEC and NASD regulations.

1747. What the hell is going on out here?

1748. - Seth, I'm gonna get you out of this. - Just don't call my father.

1749. Get back in the car, Abby.

1750. Why is he here right now? He didn't do anything.

1751. Seth, what the hell is going on?

1752. Have you been talking to them about me?

1753. Of course not.

1754. What is he doing here right now?

1755. Seth. Seth, are you sure?

1756. Of course I'm sure. I didn't— I didn't say anything. I didn't—

1757. All right, that's it.

1758. I am out of here in three seconds unless you can charge me with something.

1759. Can I change your mind about doing the IPO scheme?

1760. I'm gonna help you out with this. I know somebody at Ellis Proud.

1761. At least I can make sure you don't get caught.

1762. Oh, my God.

1763. So, what do you want from me?

1764. We want you to testify.

1765. What are you offering?

1766. Full immunity.

1767. And what happens with my father? I mean—

1768. He won't do any time.

1769. Uh, Seth, I haven't done anything illegal.

1770. So then what's the deal then?

1771. The deal is I lose my judgeship just going along for the ride.

1772. I have nothing to do with that.

1773. Excuse me, what's that supposed to mean? You'll release the tape to the press?

1774. Makes your case glamorous with the involvement of a federal judge?

1775. No, no, no. No deal.

1776. - What? - No, you take my father...

1777. out the back door right now and you bring him home.

1778. He has nothing to do with this case.

1779. I swear to God, if his name ends up in one newspaper...

1780. I do not testify.

1781. And I mean that.

1782. For me, it'd be worth going to jail for.

1783. Are you serious?

1784. What do you think?

1785. All right, all right.

1786. Before we get ahead of ourselves, just what are you offering?

1787. I'm gonna hand you this case on a silver fucking platter.

1788. I know everything you don't.

1789. I know how it all works.

1790. I know how Michael makes his money.

1791. I know how he hides it.

1792. I know who he goes in with.

1793. I even know where he moves if you guys get too close.

1794. I know everything.

1795. So tell me what happens now.

1796. You go back to work tomorrow like nothing happened.

1797. For one day.

1798. I need your client book...

1799. and your whole C-drive backed up onto floppy.

1800. - And we'll have to hold you overnight. - Uh, just a minute, please.

1801. Please, I'd like a couple of moments alone with my son.

1802. I'm sorry, I— - David.

1803. Let's give them a moment.

1804. I am so sorry. I am so fucking sorry.

1805. Shh.

1806. Seth.

1807. Just let me speak.

1808. When I came up to you behind that car...

1809. it was the hardest thing I ever had to bear.

1810. Because all I wanted to do is make your pain disappear.

1811. I don't even know how to describe the feeling.

1812. But I just want you to know one thing.

1813. Not a single day of my life has gone by that I don't think about that moment.

1814. That I don't dream about being back there just to have one more chance.

1815. I am more sorry than you'll ever know.

1816. See it happen?

1817. You know that E!'s got that, uh, bathing suit thing going.

1818. French Riviera.

1819. It's on tonight.

1820. That guy was an idiot, he acted like he was from Staten Island. No, I—

1821. Hi, you've reached the Reynards. Leave a message at the tone.

1822. Thanks. Have a nice day.

1823. Hey, Harry, it's, uh, Seth Davis. Are you there?

1824. Isaac, you're mother on line three.

1825. Look, you know, about the way things went, I just, uh...

1826. Look, I, uh, found a way to get your money back, all right?

1827. I just need you to call me back.

1828. - George, get me a coffee. So call me.

1829. What?

1830. Hi.

1831. - What's up? - Um, I wanted to talk to you about a client.

1832. Yeah.

1833. - Um, his name is Harry Reynard. - I don't know him.

1834. Well, you should, because we're about to lose him.

1835. And he, uh, dropped $50,000 on Farrow Tech this week alone.

1836. And you wanna do what?

1837. Well, I wanna keep him here.

1838. I think that, uh, we should give him a chunk of the Med Patent IPO.

1839. We don't hand out IPO to somebody who had a bad day.

1840. Look, Michael, this guy is a fucking whale.

1841. He's gonna do an obscene amount of business.

1842. - You're somehow just sure of this. - Yeah, the guy completely trusts me.

1843. And he doesn't even need the money.

1844. He owns the biggest foods company in Wisconsin.

1845. He wants to know we'll do right by him.

1846. How many trades has he made?

1847. Uh, he— Two.

1848. But he made his second trade a week after I opened him.

1849. Look, the guy's pretty fucking sour on Farrow Tech...

1850. and he's gonna walk.

1851. And I just think we need to make him a little money on this next IPO...

1852. and, uh, let him take it for a ride.

1853. What did Greg say?

1854. Um, he's busy closing somebody. I didn't wanna bother him.

1855. Well, go get him.

1856. Hey, Greg.

1857. Michael wants to see you.

1858. I don't know what he's been telling you, but I've had it with this shit.

1859. This is a business, all right?

1860. And the point is, is he should be on the phone making calls.

1861. Not in here bitching about shit between me and him.

1862. Seth was talking about giving Med Patent IPO to Harry Reynard.

1863. What—? Are you fucking kidding me?

1864. I don't even know this guy Reynard.

1865. No. No way, he's totally unreliable. What are you doing?

1866. Guy dropped 50 large on Farrow Tech this week.

1867. Well, that's great, Michael...

1868. but I've got clients who deserve some IPO more than this guy.

1869. Clients who've been with me...

1870. who've taken heavy losses and continue to trade with me.

1871. He's one of them, asshole.

1872. Okay, you see what I'm dealing with here?

1873. What do you mean he's one of them?

1874. He's one of Greg's clients.

1875. - What? - I opened him...

1876. when I was closing my 40 accounts for you. I'm just his contact here.

1877. I'm not gonna make a dime off this trade. No wonder the guy's pissed off.

1878. His own broker doesn't even know he's a fucking client here.

1879. Fine.

1880. Give him 10,000 shares.

1881. He just can't sell it before we say so.

1882. Great. Okay.

1883. No joke, Seth. He cannot sell it before we sell it.

1884. At least six months. You understand?

1885. Absolutely. Absolutely.

1886. Greg, I'm sure you don't have a problem with this.

1887. Can you get the fuck out of my office?

1888. Fine.

1889. What the fuck are you doing?

1890. Stand up. You cannot sit down for the rest of the fucking day.

1891. You cannot sit down ever again.

1892. Okay?

1893. Seth, line two.

1894. Hello?

1895. It's time, Seth. Get going.

1896. I'm going to lunch, boys.

1897. What's this about? Are you okay?

1898. Uh, I need you to sign a sell ticket...

1899. for a client of mine.

1900. - Fuck Greg. Let's fucking deal with this. - No.

1901. - Let's talk to Michael. - Wait.

1902. Chris, I got arrested last night.

1903. What?

1904. The FBI arrested me.

1905. The FBI? Why the fuck would the FBI arrest you?

1906. Because of my involvement in this firm.

1907. Your involvement in the firm?

1908. What the fuck does that mean?

1909. Oh, come on, Chris, you know what that means.

1910. No, I don't know. What does that mean?

1911. What the fuck did you tell them?

1912. No. No.

1913. No, they knew everything, man.

1914. No, they had photographs.

1915. They had tape-recorded conversations.

1916. They brought my father in.

1917. You know, I mean— Chris, there was nothing I could do—

1918. What did you do?

1919. The FBI are gonna raid the place in 20 minutes.

1920. What the fuck are you talking about?

1921. Fuck, Seth!

1922. Oh, come on, man.

1923. Come on, I asked you for months about shit going down here.

1924. And you told me to shut the fuck up. You said, "Get ready to be a millionaire."

1925. That's right. Shut the fuck up.

1926. That's all you had to do. Didn't you learn anything?

1927. I learned how to fuck people out of their money.

1928. Harry Reynard just lost his life savings...

1929. and he wasn't a whale.

1930. He was just some poor schmuck and I took him.

1931. I did everything that JT Marlin taught me to do.

1932. And I made up his mind for him.

1933. What do you want me to tell you?

1934. That's what we do here.

1935. What? We lie? We're liars?

1936. Seth, this...

1937. Who are they coming for?

1938. They're coming for everybody, everything.

1939. You know how hard I worked to get where I am?

1940. No— Chris, you need to forget about that.

1941. It doesn't mean shit.

1942. Right now, this moment is what you should be thinking about.

1943. What are you gonna do in the next 15 minutes?

1944. They're gonna come in here and they're gonna make sure...

1945. that we never trade another share of stock for the rest of our lives.

1946. But we can do something.

1947. What's that?

1948. Harry. My client.

1949. I need a senior broker to sign a sell ticket...

1950. so that he can take his shares...

1951. and dump them on the open market...

1952. and make his money back.

1953. Oh, come on, Chris. Come on, what's the difference?

1954. Do one thing right here.

1955. Just sign it, please.

1956. Thank you, Chris.

1957. I'm so sorry.

1958. Seth.

1959. Seth.

1960. I'm plagued by what-ifs these days.

1961. What if Greg hadn't come over that night?

1962. What if I hadn't forgotten my bag?

1963. Or seen Michael walking to the building that day?

1964. What if I had skipped over Harry's card?

1965. What are the chances? What are the odds?

1966. That's what I think about.

1967. Hey, I ran a casino.

1968. It's the next step I gotta figure out.

1969. Because I'm no lottery winner...

1970. I tried slinging crack rock...

1971. and I never had a jump shot.

1972. I gotta find a job.