Arbitrage

Woman: But you took a huge bet on the housing crisis

in the middle of the biggest boom in housing

anybody has ever seen. Why?

Man: I'm a child of the '50s.

My father welded steel for the navy and my mother worked at the V.A.

They lived through the depression, pearl harbor, and the bomb.

They didn't think that bad things might happen.

They knew that bad things would happen.

- Woman: Is that what's happening now? - When I was a kid,

my favorite teacher was Mr. James.

"Mr. James said, " world events all revolve around five things.

M-0-n-e-y."”

This is freshman econ?

It was fifth grade econ, but this is

something we've seen over and over again.

Time and time again, the competition

for this limited amount of dollars out there

can make the best of us manic.

So it's not surprising that we have these asset bubbles,

but when reality sets in, of course they burst.

TV anchor: Economic growth here at home and geopolitical turmoil

weighed on the broad averages. Commodities continue

- the historic run-up in price. - Man: Here you go.

Take a look at the dramatic move in copper prices, for example,

as that once-quiet market has become a hotbed of activity.

Man: You're disappointed.

Quants?

Derivative structures? I mean, what was that about?

It makes no sense.

That's what you said last time.

Why'd we go down there?

- To sign. - To sign.

- Did we sign? - No.

No. We did not.

Instead, I flew 2,000 miles for a marketing meeting.

Where was Mayfield?

What was this emergency? What was that about?

You speak to the auditors?

Why?

What if we don't sign this week?

See you. Bye.

- ( Dog barking ) - ( Laughing )

Look who's here.

What a minute.

How'd you know ! had something there?

- Woman: No fighting, no fighting. - Easy, easy, easy.

We had to start. The kids were starving.

No, no. That's okay.

Dad, it's your birthday. You are spoiling them rotten...

It's my job. God. You guys turned out fine.

Debatable.

- How are you doing, son? - How'd it go?

Where's my drink? This is mine? Here?

- All: Happy birthday! - ( Party horns blaring )

Oh-oh, wow.

Hey, kids. Come on, come on. I need some help.

I can't do these by myself.

First of all, you have to make a wish. Make a really good wish.

I need you to help me out. Wish and then we go on three.

- Got a wish? - Woman: What are you going to wish for?

1... 2... 3.

- Awesome. - ( Cheering)

- Excellent. - Man: Speech.

That was really... thank you, thank you.

Thank you all very much. It's such a surprise.

I didn't even know it was my birthday.

What did mark twain say about... he said,

"old age is clearly a case of mind over matter.

If you don't mind, it doesn't matter."

- ( Laughter) - I've done a lot of things in my life.

I've worked very hard, but being here,

looking around...

At all these shining, radiant faces,

! know that my best work is right here

in this room, right now.

I'm deeply proud of all of you, and that's the best gift

your mom and I could ever hope for. So thank you.

And to have sold the company to standard this morning.

- Hey, hey, hey. Yes, that's true, - All right, not now.

But no business tonight. No business.

Although your one-pointed mind assures me

that you have not only your mom's genes, you got mine, too.

I know it's very uncharacteristic of me,

but I just want you to know that it's probably taken me 60 years

for me to really understand what's truly important,

and that's you guys. So I love you all very much.

- Woman: Aww. - Man: Hear, hear.

- Love you. - (Applause )

I'll take a big piece.

You can wait. You can wait a little while longer.

- Woman: I don't know about me as a mom. - No, no, no. You should have.

I want more kids, everywhere. I want more "yous" around.

It's all about you, is it?

- Four and 19. - All right.

Yeah, yeah, yeah, yeah, yeah.

- So what was that all about? - What?

The last time you gave a speech like that,

we lost the bid to firestone.

Yeah, well, I don't know.

I just wanted it to be about the family tonight.

- Did you see this? - ( Scoffs ) Yeah.

You know how I feel about that. Trash can.

Peter has a copy pinned up in the conference room.

Well, are you going to keep skirtin' around it?

Why sell our company?

- We make a great return. - ( Sighs)

We give money to the causes we believe in,

that we know are important. We love what we do.

My darling, you are still in your 20s. I'm 60.

That is a huge difference of point of view.

- Dad. - Yes?

You are not old.

Last year was our best year...

Yeah, yeah, yeah. It catches up, all right?

Maybe there's some other things I'd like to do.

Maybe I would like to spend a little more time

with you guys outside the office.

- What? - I'm just trying to imagine

what we would do.

Where are you going?

- The office. - Now?

Yeah, I've got to finish up that thing.

Aww, but...

I haven't given you your birthday present yet.

Then I'll come back as soon as I can.

Just keep it.

Yeah, gavin. It's me. When you get this...

Could you call Chris vogler at fremaut?

Tell him that I need to talk to him right away. Thanks.

Hey.

What's wrong?

All right, I'm sorry. I'm sorry I'm late.

I'm always late. You know that. I'm sorry.

And I'm always saying I'm sorry, but...

It doesn't mean I wouldn't rather be here with you.

The show's gonna be beautiful.

- You gonna be there? - I will be there.

Oh, wow. That's great.

- I made this for you. - You made this?

This is amazing.

One candle. Thank you very much.

I want you.

Woman: He's waiting.

Thank you, Diane.

- So... -I'm here.

Guess what's not.

Jeffrey, I told you. I'm working on it.

You're working on it. Yeah.

- I'm working on it - Well, while you're doing that,

- let me tell you what's not working. - Okay.

What's not working is my $412 million

that's sitting in your account SO you can pass your audit.

The $412 million

you needed, you said, for two weeks.

And which has been languishing now for 32 days

while it could be elsewhere invested, earning an actual return

instead of couching this absurd lie that you're spinning.

What do you want me to say?

That you're going to get a signature from Mayfield

and that my hostage money and my fee are going to be sent to me promptly,

say, eh, by tomorrow?

I'm solving the problem.

I'm going to get your money and your fee.

- You will have it very shortly. - When?

As soon as they sign the fucking contract.

You know, I'm not the one with the liability.

I just made a loan.

You're looking at 1,000 years' jail time

for fraudulent conveyance...

Stop it! You don't have to talk to me like that, Jeff.

I didn't get you into this mess.

Remember when you asked me if it was a good idea...

Would a friend...

- You were a friend of mine... - ...To convert half your liquid assets

into a fucking copper mine? What did I tell you?

Are we done? I think we're done here.

Friday morning I take my money back.

- You can't do that - The fuck I can't.

- It's in an escrow bill with one big... - I need that money

in there until they sign, Jeffrey!

What if they check again? What am I supposed to do?

It's not my problem, is it?

Not your fucking problem.

Let's go.

TV anchor: ...As well, especially Russia,

where fears of further nationalization appear to be

- scaring away international investors. - ( Phone vibrating )

The dow off to a strong start this morning

on a bevy of news firmly pointing

to an economy picking up steam.

Including a surprisingly strong number...

What?

Gavin: 7:30 this evening, the four seasons.

We'll get it straight with Mayfield then.

Good, good. Very good.

- Is this too blue? - That's the third one you've tried on.

Will you just relax? It looks fabulous.

What's going on?

Ay yi yi, I look old.

You look regal and wise