1
[Bobby] Previously on "Billions"
An investigation has
begun into your office,
and the man leading the
investigation Oliver Dake.
The payment that your
wife received from Axelrod,
it may not be a bribe,
but, dang, if it doesn't look like one.
Well, Lawrence Boyd
pissed right in my face.
He didn't show.
What the hell do we do now?
Bobby Axelrod could run
through the Serengeti
and not break a sweat.
You do what you do just as well as him.
Maybe better.
You can't allow yourself to get drawn in
to an unwinnable fight.
Victory will be swift.
That will save us ten
million on this trade.
This is why I need to keep you.
I'd believe the same thing were I you.
- Whoa!
- You've been served.
- With a lawsuit?
- One hundred and twenty seven of them.
[Hall] Wendy was at Krakow
Capital earlier today.
You have an amazing level of insight
- into how we hedgies think.
- Yes.
I don't mean Axe Capital.
I mean Bobby himself.
- He was looking to hire you?
- Yeah.
That motherfucker is just
trying to poach my most valued
I'm not your anything.
We handle ourselves and Chuck
gives someone Head of Crim.
Or we cooperate with Dake and try our luck
starting over with Chuck's replacement.
You know what Rhoades is.
You know he should be out of the job.
That was the attorney general.
She's summoned me to Washington,
where she will greet me warmly,
and then she'll fire me.
[ dramatic music plays ]
[Krakow] There was a moment in time
when the only two people
who knew what it was to fly
were the Wright Brothers.
And we are like them in a way.
Although we have to stay airborne
a lot longer than nine seconds,
we and have to go into
much thinner air when we do.
But how do you do it, Todd?
How do you stay aloft?
One of the nine poets,
Pindar, said it best.
Become who you are by learning who you are.
You wouldn't know Pindar from Pantera,
yet you act like you read the Harvard shelf
with your morning oatmeal.
Who wrote this shit for you?
- [laughter]
- Lawrence Boyd, I respect you
more than anyone in this game.
But the idea that Todd Krakow
or anyone else but you here
is a thought leader
just because they've got
a few dollars in their pocket is laughable!
Let me respond.
It's a sad fact of the business today.
Hedge funds like Axelrod's,
they're out of ideas,
so they cut corners
and go looking for that black edge.
But I'm good enough
that I didn't have to
get close to the line.
Really?
What about the $45 million in fines
you paid to the U.
K.
?
- That
- [light laughter]
No one understands those laws.
Larry, you ever found
yourself afoul of British law?
No, some of us have never run
afoul of any international laws.
[laughs] Larry, you have teams
of lawyers at Spartan-Ives
and locals in those countries who ensure
you don't get screwed the way I did.
Oh, okay, okay, okay,
I'm only the referee here,
not taking sides, but you overstepped.
Apologies.
And let that be the first apology,
not the last, to this audience,
who have paid three grand for the privilege
of hearing your barbaric yawp.
- Axe, Axe, Axe.
- Here's a thought.
If any of you want
to continue the conversation,
I'll be over by the bar with my team.
Sure hit, run, and hide, huh?
You been showing the SEC
the same moves for years.
But, eventually, they catch you.
[audience laughing, murmuring]
Krakow, whatever cocktail party tutor
you used to prep you for this panel
owes you a goddamn refund.
[]
[Boyd] Well, that was stimulating.
Okay, okay, let's move on.
Tag, Global warming
I called the car around so you can go.
Why would I leave now?
That's what you get for trying
to steal my fucking employees.
Don't blame me for your fuck-up.
Word of advice, Axe
you don't want to lose a valuable asset,
don't let her walk out the door, huh?
[]
[indistinct conversations]
Here comes Boyd.
Sorry about your panel.
Sorry.
The only reason you
put Ric Flair in the ring
is to get that heat from the crowd.
I didn't pick that panel by accident.
I knew you'd incinerate it.
You just made sure Spartan-Ives
is all the Street's talking
about for the rest of the month.
They'll be killing themselves
they weren't in the room.
And the only way they
get in there next year
is by making you their prime.
I'm the bull, you're
the red sash every time.
[Ira] Hey, Chuck.
Come in.
I drove by Katz's on the way here.
Oh.
You're killing me, man.
No? Well, I'm going in.
Uh-huh.
[clears throat]
Oh.
- Mmm!
- Mmm.
Talk to me.
Well, it's thorny.
So
many old cases aggregated.
Taken all together, it looks like
a pattern of overreach, misconduct.
That's why the papers think
it's such a good story.
And there's the Axelrod case.
- We never even brought charges.
- That's good.
You're protected by qualified immunity.
Chances are, we get it thrown out of court.
That will depend on the
judge.
We gotta find a very
Chuck, I'm gonna make this go away.
That's why you came to me instead of going
with whatever lawyer Justice gave you.
[scoffs]
Justice isn't defending me.
Whoa.
They only do that when, uh
Well, they never really do that.
No.
Well, I'm not billing you.
Oh, come on.
You gotta bill me, Ira.
It's $1,400 an hour.
Half price.
Friends and family.
Why aren't they defending you?
The Attorney General's
called me down to Washington.
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