Fartblinda (2019) s01e04 Episode Script
Farkas
1
Who the fuck is Beatrice Farkas?
We have a leak.
I want to know who it is.
Someone from the ST Bank just called in
a tip about huge losses in the Baltics.
I won't accept employees leaking
to the press because they feel ignored.
She took the Baltic bait.
-Do you have my money?
-First you do your job, then you get paid.
I know the bank is covering up losses.
-You know something, don't you?
-The trading history. It's all in there.
I don't want to twist your arm. But if the bank
is hiding something, it will affect you.
It's data breach. I could go to prison.
Move it, we're doubling down!
He takes huge risks. We can't give him
another inch at this point, Otto.
Double down again.
-Our limit is 250!
-Fuck the limit, and sit the fuck down!
I want to be the first to know.
I'm on the last set!
-Something's happened.
-Wait. It's okay, honey.
I was in the middle of a great set.
-Hampus, we need to talk.
-I'm tired.
Doesn't matter. Your mom told me
that you and Viktor harassed a beggar.
Look at me. Sit up.
I want to hear it from you.
We I mean, Viktor had a 500-krona bill
Andyou know the old guy
that sits outside the supermarket?
We said that he could have it
if hedid a little song and dance for us.
Why did you do that?
Not sure.
'Cause it wasfunny.
So you found it funny to see someone
who wasn't born into privilege,
like you, humiliate themselves?
It was Viktor who It was his money.
Three things will happen now.
You will never use the word "we" or Viktor
again when we try to sort out this mess.
You own your actions, Hampus.
Understood?
-Yes.
-Secondly
When I've finished work, you and I
will go together to find this man,
and you will look him straight in the eyes
and, with a clear and honest voice,
apologize to him. Do you understand?
And thirdly, I will explain the background
to why Viktor Klingsbor has so much money
that he feels he can just waste it
on hurting people,
and where his fancy surname comes from
and why his family has a shitload of money.
Love you. Let's talk more tomorrow.
Hello?
Okay.
Right.
What the hell?!
How much?
He should go. Now.
It's not the Baltic States.
-What about the tip?
-It was a feint.
I think they went through you
to make it seem more credible.
They must know that we know each other.
You don't think you sound
like a conspiracy theorist now?
It's the trading.
What's that?
The ST Bank's trading history since 2010.
12,000 pages.
How the hell did you get hold of that?
-You've got someone on the inside?
-There's something there.
But it's not easy to find. Meanwhile,
I'm going to let him believe that I fell for it.
Who?
-Are you all right?
-Peder Rooth.
I asked him about the Estonian companies,
and he sort of acted as if hewere being
found out. But I know he was just acting.
Do you know each other?
You can't be serious.
Are you sleeping with him at the same time
as you're investigating him?
I know I know.
He's married. It's a small industry.
I hope it's worth it. How serious is it?
Serious.
BLINDED
Come on! That's it, come on!
That's it, yeah!
-Good morning!
-Good morning!
It froze.
Your car will be ready after breakfast.
Come and eat with us. I need company.
-Caesar's paw isn't hurting anymore.
-That's nice to hear.
We'll keep him for a bit longer, then.
-How's the migraine, by the way?
-Not so bad. The heart is worse.
Same here. The bladder and the heart.
I'll get it.
-Ronja, hi!
-Hi!
Take a seat.
Tuition fees, rent
Right, all seems to be in order.
Have you thought about
what we discussed last time?
Yes, I talked to Carl about it,
butI don't know.
I can probably arrange something central.
It would do him good to get away from
Östermalm. Only old people live there.
-Does he have any friends around him?
-I don't know.
You don't know?
You should go traveling.
Otto. Let them take care of themselves.
Yes, you're right. Of course.
I was just thinking If you have
any friends that you'd like to invite,
maybe someone you think might get on
with Carl, then we'll sort it.
I don't think he's socializing with anyone
at the bank.
Sometimes he hangs out with Adam.
Adam Berg?
But isn't he gay?
-Yes.
-Right.
Well, I guess that doesn't matter.
Thanks! And if you need us,
just get in touch.
I just think he's seemed
a bit depressed lately.
But maybe it's the new medication.
Peder! All good?
Yes, I raised Beijer's limit
after the last time we spoke.
He bet everything
that ECB would increase the rates.
And they did.
Sure, but then the Americans
passed that tax package.
The stocks bounced back up like a yo-yo
and Henrik sold short for too long.
He had to close at a loss.
How much?
A lot.
-Everyone makes mistakes.
-He's made a few too many.
I was referring to you, Peder.
But I have your back, you know that.
Surely it wasn't my suggestion
to increase his limit.
No, but the decision was yours.
But it was worth a try.
You'll come back, I know you will.
-I've reset his limit.
-Sounds wise.
I don't think he's the right person
to lead the trading anymore.
What do you mean?
He's been rolling these positions
for four years, but nothing changes.
He just keeps losing.
Henrik is the best trader we have
in Sweden. I thought you were friends.
It's time for someone else
to step in and clean this up
and for us to accept some losses.
I told Henrik that he can't stay
Peder, Peder You're acting rash.
Let's book a meeting with Henrik to talk
things through in a calm, rational way.
-I'm sure that we'll find a solution.
-Absolutely.
Thanks for your time. Bye.
-School of Economics.
-I'd like to speak to Professor Mats Lönner.
-Who shall I say is calling?
-Bea Farkas.
One moment, please.
Hello? Mats says he's not interested
in talking to you.
Can I leave a message?
I don't think there's any point.
He made himself quite clear.
-Thanks.
-Thank you.
ST BANK
You two were only schoolboys
when the property crisis hit.
That's when I learned what it means
to get stuck with bad credits.
We nearly went under,
but we made it through that storm.
Without government support.
I say "we", because without my executive
team, I would never have made it.
In a storm, it's all hands on deck.
Everyone pitches in to save the ship.
The arguments can wait
until you've reached land.
I know that you're strong-willed, both of you,
and I appreciate that.
But now I need to see you working together.
Everyone can make mistakes. You have to.
If you don't, you've done something
even worse – you've been a coward.
And if you're a coward,
you shouldn't even be involved in business.
Peder?
Well After speaking with Otto,
I've had a change of heart.
I would really like for you to stay on
as Head Trader.
Right So you've changed your mind?
Yes. You're a great asset to the bank,
and if we maintain a tight dialogue,
I'm sure that you can turn this around.
Thanks for the confidence.
But what do you mean by "tight dialogue"?
Daily reports.
We make all important decisions together.
Haven't we always done that?
Yes, but now, we'll have more frequent
check-ins. And your limit is reset to 125.
Okay. You're the boss.
So what's the plan, then?
You were talking about realizing losses.
No, we won't do that. I'm concerned that
it might damage customer trust in the bank.
-So we keep rolling the positions?
-Yes.
-And hoping the market will turn our way?
-That's right.
Exactly like before, that is?
-Yes.
-Right, yes.
It's your call.
I've been doing this for four years now
Henrik, that's enough now.
You know what you need to do.
Yup.
Before we finish, do you have any advice
for our students
that you wish you yourselves had gotten
before graduating? Anne Bystedt?
A double degree is never a bad idea.
Many successful business executives
have degrees from both KTH and SSE.
And get involved in the Student Union.
It can lead to lifelong friendships which
will help you throughout your career.
For sure. And engage in networking!
Buy people like us lunch.
I'm no gourmet – a kebab roll would do.
Your study grant would cover it.
Be creative. Be brave enough
to listen to your own judgment.
Think for yourselves. Think new.
We have a question.
I've got a question for Peder Rooth.
The majority of people recruiting
in banking and finance
are old men between 40 and 65,
and the majority who are hired
are guys between 25 and 35,
with degrees from either SSE or KTH.
You said that we should think new. In what
way do you think new when you recruit?
I've gone through your recruits
during the last two year,
and it's a rather homogenous group.
Thanks for the question! It's true that there
aren't enough women in our profession.
I feel bad for not having done more
to change that.
So I invite you, along with all the other
women here, to join us at Carnegie.
And if you don't like it, you can always
become an investigate journalist.
-Another question.
-I've got a question for Anne Bystedt.
What are the most important characteristics
of a CEO for a major bank?
Well, it doesn't really matter if it's
a large bank or a smaller bank
She has realized that the Baltic States
were a red herring.
-How?
-I don't know.
But she's got your trading history.
Okay.
-You have a serious security problem.
-How do you know?
She showed me a memory stick
and said it's 12,000 pages.
It goes all the way back to 2010.
I don't think she'd make that up.
-But I can take care of it before it's too late.
-How?
-If you pay, I'll handle the rest.
-I've heard that before.
The Baltic States, that was your idea.
I'll handle this on my own.
I need to know what I'm paying for.
She's my friend, and you're asking me
to screw her over! Do you get it?
You're paying me to stop Bea Farkas.
How I do it is none of your business.
Do you want my help or not?
Come in.
Hi, Mats!
Haven't I made myself clear?
I'm not interested in talking to you.
-Can I just explain what it's about?
-I have a meeting in ten minutes.
-Did you read my email?
-No.
I have information proving that a high-profile
Swedish bank is covering up trading losses.
You can't see it in their books,
but they're valuing their positions
-Good luck.
-Mats
Come on.
You're an expert at valuation models.
Mats?
So
So, you saved that?
The text messages, too.
The suggestions, the compliments
Okay, sure. It was inappropriate.
I'm not going to defend them.
I went a bit too far – I get that too,
but I guess I was in love.
How many pictures have you sent, Mats?
How many girls have had your shaved
genitals thrown in their face?
Maybe your wife has been keeping count?
Or your daughters?
This information will stay
between these four walls.
What's happened?
Bea Farkas got hold of our trading history,
going back to 2010.
-How the hell did she do that?
-Birgitta, Adam?
Our Adam?
He was Farkas' classmate
at the School of Economics.
-When she understands that material
-How do you know this?
-You're having an affair.
-It's over.
-Can't you keep your trousers on?
-I'm not going to discuss my personal life
This isn't your personal life! That woman is
threatening the whole bank!
Someone has offered to help us. The guy
who told me that she has our trading history.
-And who the hell is that?
-You knowMarkus Thulin.
From the Daily Post?!
So you confirmed to a journalist
that we have a problem?
And that you're prepared to pay
for it not to leak?
Maybe they're in cahoots? "Peder Rooth
willing to pay money to prevent leak."
Sounds great, doesn't it?
He's a journalist, for fuck's sake!
Hell, I don't recognize you.
No, Ulf was He just laughed. To him,
it was nothing more than a boyish prank.
But I guess Peder was upset?
There's a little socialist hiding
inside that banker.
It was too much drama for me.
I haven't got the energy to argue.
I just need some intimacy
And maybe to get laid.
In that case,
the Maldives sound like the best plan.
It might be this or I just can't
be bothered worrying anymore.
Speaking of worrying
What are you going to do?
About what?
Did he sign over the house to you?
No, why would he do that?
Ulf told me. So you don't need to
Told you what?
You don't know? You don't know
what's going on at the bank?
The edge is increasing because
they're trading more with long positions.
There isn't always an active market
for them. When you only do a few deals,
it can be misleading
if they're used to calculate market value.
Sorry to disappoint you, but if you're chasing
a scoop, you'll have to dig somewhere else.
Wait. Sit down.
Hey It's been a lovely evening,
so thank you, but now I'd like to go home.
Sit down. You'll go home when I tell you to.
Sit down!
I want you to pull out all the long positions
from when the edge disappears
and calculate what percentage
of the portfolio they represent. Okay?
Pick up. Pick up, pick up
-Hello?
-Hey, Eleonor Björnor just called.
-Right?
-Our Head of PR.
Why is she calling me
at half past eight at night?
-How would I know?
-They've found out.
-What?
-That I took the trading history!
-Did she say that?
-No. I didn't answer, obviously.
Okay. But you're sure
Of course I'm sure! She never calls me.
Why would she call me otherwise?
She's Rooth's fucking pit bull.
They know!
Adam, breathe!
-Did you find anything?
-I'm not done.
Skip the bullshit, Bea. Is there anything
in that fucking trading history?
Something minor, perhaps.
Minor?!
Calm down! I'll be in touch
as soon as I know more. Alright?
-Alright.
-I'll call you. Bye.
-But I went for PR instead.
-What's the difference?
Of course there's a difference!
I just can't think of it right now
-What about you, Leo?
-The psych ward.
He's surrounded by lunatics all day long,
just like me. That's why weconnected.
The psych ward?
And then he bagged the biggest lunatic
of them all.
Believe me, I've had bigger lunatics
on the hook before.
-Seriously? Is that how you met?
-Yes.
The psychiatric emergency room.
I was admitted. Panic disorder.
He gave me two pills: one Diazepam
and one Viagra, and the rest is history.
Sounds like a real keeper.
Hello?
Hi, Markus.
Here Stand up.
I'm on it.
On it? It's been ten days now.
I know, but it's a shitload of money.
Do you think so? I wonder how
the people you wrote trash about feel.
Want to know what I think?
That it's a low price to pay.
I'll take care of it, I promise!
"Ten days" clearly doesn't mean
ten days for you.
Stuff like that means shit to you.
I have a deal,
it should be done any day now.
To be completely honest,
I don't really like your type,
but when you work for the authorities,
you just have to shut up.
Regardless of what
fucking PC bullshit you wrote.
I had to sit and watch while you
and all the other lefties spread lies
and sabotaged Sweden.
But now, now I'm retired
and work for myself
I'll give you until tomorrow.
Well, let's say the day after tomorrow.
Okay Okay.
Does that thing work?
I'll give you the money.
Please don't, I'll give you the money!
I'm sorry.
Great. I'm proud of you.
For real? Hold that thought,
I want to hear more about this.
-Hi, honey. We'll be home in ten minutes.
-What's happening?
What?
Can you tell me what's going on
at the bank?
I already have.
No, clearly not.
We're working on it, honey.
-How serious is it?
-There's no need to worry.
Let's talk about it when we get home.
Why did Ulf sign over the house
to Rebecka?
What?
Apparently, it's a safety measure in case
you get sued. What the hell are you up to?
We're not up to anything. What?
Cut the bullshit!
If you've messed up so badly that our home
is at risk, I have a right to know!
What do you mean, "messed up"?
Did Ulf say that?
Did you give Beijer free reign
to gamble away the entire bank?
-What the hell are you talking about?
-And I have to find this out from Rebecka!
It's not true. You know what Ulf thinks
about me. He's always hated me.
Stop it! Stop it.
He can't stand the thought of me being
his manager despite being a spic
Don't play that fucking racist card.
He's married to Rebecka, for fuck's sake!
Why are we having this conversation?
Hampus is here. Can it wait?
No, not unless you tell me
what's happening at the bank.
-It's confidential.
-But Ulf told Rebecka.
Ulf is violating the confidentiality. I'm not.
-Let's end this. Bye.
-At least he talks to his wife
What the hell?
Have you found anything?
Since they stopped declaring the edge,
the percentage of long positions
in the portfolio has increased significantly.
So then the edge should have increased
proportionally
as only the long positions are valued
according to this specific model.
Yes.
So, where's it at at the moment?
I might have got some figures wrong.
Where's it at?
Two billion one hundred and thirty thousand.
Give or take.
You do understand that the bank
will go under if you write about this?
Are you headed home?
I'll be in touch.
Speak later.
You again. Better watch out.
-I'm sorry. Bea Andersson.
-Peder Rooth.
Did you really go through all the recruits
that I've hired the last two years?
No, I didn't know who you were
until three hours ago.
You're completely right.
It doesn't take much to come across
as a revolutionary in banking.
-It's an old men's club.
-Sneakers?
It's borderline.
If you're one of the cool guys in trading,
then maybe you'd get away with it. Maybe.
-Stubble?
-Out of the question. It's prohibited.
-"It's prohibited!"
-Yes, prohibited.
That's very important.
Neck tattoo?
That's allowed. As long as you're wearing
a really sharp, matching suit.
So, how come you ended up
at the School of Economics?
It was quite random, actually.
I dropped out of upper secondary school.
It was all a bit of a mess
-What was a mess? You?
-I was a bit of a mess.
But then I realized
that I had to get a hold of my life.
So I took the national university
aptitude test, got 2.0,
applied to SSE and got accepted.
Wow, check you out! Are you enjoying it?
I love to compete and there are
a lot of competitive people there.
That's true.
But it's extremely elitist.
All the teachers go on about "when you're
top executives, when you take over"
It feels a bit like a sect.
You all hook up with each other, and you're
recruited by someone who went to SSE
and who's married to someone else
who went to SEE.
And that's why so many in the industry
have six fingers on each hand.
Okay.
I just don't feel that I'm
I'm not a part of that.
They're like one big family,
and I'm sort of like a guest.
I know what you mean.
What does your wife think about
you taking other women out for dinner?
Come on It's really sweet of you
to call this a dinner.
What is it, then?
She's got nothing to worry about.
-Hi! Pad Thai?
-Yes, please.
-Thanks for the ride!
-Not at all.
I might join you for a while.
I need some fresh air.
You know, since the weather is so fantastic.
-Aren't you a bit too posh for the ghetto?
-Yes, I am.
Alright, I'm headed that way.
-Let us give you a hand, Kerstin.
-One, two, three!
That's great.
You were saying when you were at SSE
When I was at SSE, I started hanging out
in more upscale circles.
I came up with all sorts of different reasons
not to have people around.
I said I was refurbishing my bathroom or
that I had family visiting Anything, really.
Everyone thought that I lived in Vasastan,
even my girlfriend.
-Where the hell did you live?
-I shared a room with my brother.
When he wasn't in jail or something.
-Where is he now?
-He's in jail or something.
"Or something."
And you?
I've always told people that I live here.
After my first day at SSE,
they started calling me "Högdalen".
"What's up, Högdalen?
Can you get hold of some weed?"
Can you?
Of course I can.
I haven't got any study loans.
Clever, driven Marvelous.
-So, in which building do you live?
-The white one.
The charming concrete building?
Only joking, it's lovely.
I used to live over there with my grandma.
-Your grandma?
-I lived with her after my mom died.
Don't you have to go soon? Your wife
must be wondering where you are.
What happened?
She had lung cancer.
She was ill for many years.
She said that the chemotherapy
was helping, that she would get better.
The last time,
we sat on that bench over there,
eating ice cream
and talking about going the zoo.
I was eight, so it was a while back.
She could hardly walk
and all her hair had fallen out.
But I refused to see it. I didn't get it.
And I guess she wanted to protect me.
But she passed away that same night.
I'm sorry.
Shit!
Stop!
And you saw these two men
leaving in the Toyota?
Yes. The number on the license plate
was AFO 183. But I'm sure it's stolen.
-What the hell are you up to?
-What are you talking about?
-Burglary in my home.
-What the hell are you talking about?
You tried to steal the trading history
so that you could destroy it.
Can't you just admit that it was you?
I made a backup. I will write about this.
If you've got my trading history, you're guilty
of data breach. That's fucking serious
Why don't you call the Police?
If you write about this,
regardless of whether it's true or not,
it will have serious consequences
for 200 people and their families
-Can't you admit that it was you?
-What the hell do you want me to admit?
How the fuck could you?
-You're a psychopath. You're insane.
-Don't be so fucking immature. Grow up!
Fucking brat!
PRIVATE ACCOUN
Current Balance 97,054 SEK
-Hello?
-Hi, it's me.
Do it.
Yes.
You must think that I'm completely crazy
for telling you the story of my life.
-Quite the contrary.
-I'm not normally this open with strangers.
I never tell people that I grew up in Akalla.
Never.
Why not?
Because I don't think the Swedish
world of finance is ready for that yet.
Your background doesn't matter as long
as you're doing well and moving upwards.
But when you don't do so well
or you make a mistake
-I've been thinking of changing my name.
-To what?
-Farkas. After my grandma.
-Nice.
It means "wolf" in Hungarian.
It suits you perfectly.
What other name could you have?
-Hey there! Is this your boyfriend?
-A friend.
-Peder - Totte.
-Hi! What's up?
Nothing much.
-Right. This is where I live.
-Okay.
I guess I should probably go home.
-Yes, it's late.
-It's late as hell.
Thanks for tonight.
I've hada really good time.
-Me too. Really.
-What a great night!
If you ever feel like working in finance,
get in touch.
-I think we could use someone like you.
-Maybe.
Thank you.
-Drive safely.
-Yes.
Okay.
-Sorry, mate.
-It's okay.
Hi!
What the hell happened to your hand?
-Did you have something for me to read?
-Yes.
Here.
So, what do you think? Does it hold up?
You can prove this, I assume?
It's the bank's own figures.
And an oral source, albeit anonymous.
And Beijer's background, Rasmussen's
ramblings, Peder Rooth's denial
I've got loads.
A top scoop.
Should I send it to Rapp?
Do you think he'd read it?
Or should I go to someone else? I want him
to read it. It'd be such a great revenge.
I wouldn't go to anyone if I were you.
What do you mean?
Conflict of interest.
You've slept with Peder Rooth.
As a journalist, you can't sleep
with those that you're investigating.
No, but
Everyone will think you're attacking
the ST Bank for personal reasons.
But I'm not. And no one knows about that.
-I know.
-And? Right?
As a journalist, you only have
your credibility. Without it, you're screwed.
Forget about this.
If you don't, I'll make sure the whole country
finds out that you and Rooth had an affair.
He bought you?
Who the fuck is Beatrice Farkas?
We have a leak.
I want to know who it is.
Someone from the ST Bank just called in
a tip about huge losses in the Baltics.
I won't accept employees leaking
to the press because they feel ignored.
She took the Baltic bait.
-Do you have my money?
-First you do your job, then you get paid.
I know the bank is covering up losses.
-You know something, don't you?
-The trading history. It's all in there.
I don't want to twist your arm. But if the bank
is hiding something, it will affect you.
It's data breach. I could go to prison.
Move it, we're doubling down!
He takes huge risks. We can't give him
another inch at this point, Otto.
Double down again.
-Our limit is 250!
-Fuck the limit, and sit the fuck down!
I want to be the first to know.
I'm on the last set!
-Something's happened.
-Wait. It's okay, honey.
I was in the middle of a great set.
-Hampus, we need to talk.
-I'm tired.
Doesn't matter. Your mom told me
that you and Viktor harassed a beggar.
Look at me. Sit up.
I want to hear it from you.
We I mean, Viktor had a 500-krona bill
Andyou know the old guy
that sits outside the supermarket?
We said that he could have it
if hedid a little song and dance for us.
Why did you do that?
Not sure.
'Cause it wasfunny.
So you found it funny to see someone
who wasn't born into privilege,
like you, humiliate themselves?
It was Viktor who It was his money.
Three things will happen now.
You will never use the word "we" or Viktor
again when we try to sort out this mess.
You own your actions, Hampus.
Understood?
-Yes.
-Secondly
When I've finished work, you and I
will go together to find this man,
and you will look him straight in the eyes
and, with a clear and honest voice,
apologize to him. Do you understand?
And thirdly, I will explain the background
to why Viktor Klingsbor has so much money
that he feels he can just waste it
on hurting people,
and where his fancy surname comes from
and why his family has a shitload of money.
Love you. Let's talk more tomorrow.
Hello?
Okay.
Right.
What the hell?!
How much?
He should go. Now.
It's not the Baltic States.
-What about the tip?
-It was a feint.
I think they went through you
to make it seem more credible.
They must know that we know each other.
You don't think you sound
like a conspiracy theorist now?
It's the trading.
What's that?
The ST Bank's trading history since 2010.
12,000 pages.
How the hell did you get hold of that?
-You've got someone on the inside?
-There's something there.
But it's not easy to find. Meanwhile,
I'm going to let him believe that I fell for it.
Who?
-Are you all right?
-Peder Rooth.
I asked him about the Estonian companies,
and he sort of acted as if hewere being
found out. But I know he was just acting.
Do you know each other?
You can't be serious.
Are you sleeping with him at the same time
as you're investigating him?
I know I know.
He's married. It's a small industry.
I hope it's worth it. How serious is it?
Serious.
BLINDED
Come on! That's it, come on!
That's it, yeah!
-Good morning!
-Good morning!
It froze.
Your car will be ready after breakfast.
Come and eat with us. I need company.
-Caesar's paw isn't hurting anymore.
-That's nice to hear.
We'll keep him for a bit longer, then.
-How's the migraine, by the way?
-Not so bad. The heart is worse.
Same here. The bladder and the heart.
I'll get it.
-Ronja, hi!
-Hi!
Take a seat.
Tuition fees, rent
Right, all seems to be in order.
Have you thought about
what we discussed last time?
Yes, I talked to Carl about it,
butI don't know.
I can probably arrange something central.
It would do him good to get away from
Östermalm. Only old people live there.
-Does he have any friends around him?
-I don't know.
You don't know?
You should go traveling.
Otto. Let them take care of themselves.
Yes, you're right. Of course.
I was just thinking If you have
any friends that you'd like to invite,
maybe someone you think might get on
with Carl, then we'll sort it.
I don't think he's socializing with anyone
at the bank.
Sometimes he hangs out with Adam.
Adam Berg?
But isn't he gay?
-Yes.
-Right.
Well, I guess that doesn't matter.
Thanks! And if you need us,
just get in touch.
I just think he's seemed
a bit depressed lately.
But maybe it's the new medication.
Peder! All good?
Yes, I raised Beijer's limit
after the last time we spoke.
He bet everything
that ECB would increase the rates.
And they did.
Sure, but then the Americans
passed that tax package.
The stocks bounced back up like a yo-yo
and Henrik sold short for too long.
He had to close at a loss.
How much?
A lot.
-Everyone makes mistakes.
-He's made a few too many.
I was referring to you, Peder.
But I have your back, you know that.
Surely it wasn't my suggestion
to increase his limit.
No, but the decision was yours.
But it was worth a try.
You'll come back, I know you will.
-I've reset his limit.
-Sounds wise.
I don't think he's the right person
to lead the trading anymore.
What do you mean?
He's been rolling these positions
for four years, but nothing changes.
He just keeps losing.
Henrik is the best trader we have
in Sweden. I thought you were friends.
It's time for someone else
to step in and clean this up
and for us to accept some losses.
I told Henrik that he can't stay
Peder, Peder You're acting rash.
Let's book a meeting with Henrik to talk
things through in a calm, rational way.
-I'm sure that we'll find a solution.
-Absolutely.
Thanks for your time. Bye.
-School of Economics.
-I'd like to speak to Professor Mats Lönner.
-Who shall I say is calling?
-Bea Farkas.
One moment, please.
Hello? Mats says he's not interested
in talking to you.
Can I leave a message?
I don't think there's any point.
He made himself quite clear.
-Thanks.
-Thank you.
ST BANK
You two were only schoolboys
when the property crisis hit.
That's when I learned what it means
to get stuck with bad credits.
We nearly went under,
but we made it through that storm.
Without government support.
I say "we", because without my executive
team, I would never have made it.
In a storm, it's all hands on deck.
Everyone pitches in to save the ship.
The arguments can wait
until you've reached land.
I know that you're strong-willed, both of you,
and I appreciate that.
But now I need to see you working together.
Everyone can make mistakes. You have to.
If you don't, you've done something
even worse – you've been a coward.
And if you're a coward,
you shouldn't even be involved in business.
Peder?
Well After speaking with Otto,
I've had a change of heart.
I would really like for you to stay on
as Head Trader.
Right So you've changed your mind?
Yes. You're a great asset to the bank,
and if we maintain a tight dialogue,
I'm sure that you can turn this around.
Thanks for the confidence.
But what do you mean by "tight dialogue"?
Daily reports.
We make all important decisions together.
Haven't we always done that?
Yes, but now, we'll have more frequent
check-ins. And your limit is reset to 125.
Okay. You're the boss.
So what's the plan, then?
You were talking about realizing losses.
No, we won't do that. I'm concerned that
it might damage customer trust in the bank.
-So we keep rolling the positions?
-Yes.
-And hoping the market will turn our way?
-That's right.
Exactly like before, that is?
-Yes.
-Right, yes.
It's your call.
I've been doing this for four years now
Henrik, that's enough now.
You know what you need to do.
Yup.
Before we finish, do you have any advice
for our students
that you wish you yourselves had gotten
before graduating? Anne Bystedt?
A double degree is never a bad idea.
Many successful business executives
have degrees from both KTH and SSE.
And get involved in the Student Union.
It can lead to lifelong friendships which
will help you throughout your career.
For sure. And engage in networking!
Buy people like us lunch.
I'm no gourmet – a kebab roll would do.
Your study grant would cover it.
Be creative. Be brave enough
to listen to your own judgment.
Think for yourselves. Think new.
We have a question.
I've got a question for Peder Rooth.
The majority of people recruiting
in banking and finance
are old men between 40 and 65,
and the majority who are hired
are guys between 25 and 35,
with degrees from either SSE or KTH.
You said that we should think new. In what
way do you think new when you recruit?
I've gone through your recruits
during the last two year,
and it's a rather homogenous group.
Thanks for the question! It's true that there
aren't enough women in our profession.
I feel bad for not having done more
to change that.
So I invite you, along with all the other
women here, to join us at Carnegie.
And if you don't like it, you can always
become an investigate journalist.
-Another question.
-I've got a question for Anne Bystedt.
What are the most important characteristics
of a CEO for a major bank?
Well, it doesn't really matter if it's
a large bank or a smaller bank
She has realized that the Baltic States
were a red herring.
-How?
-I don't know.
But she's got your trading history.
Okay.
-You have a serious security problem.
-How do you know?
She showed me a memory stick
and said it's 12,000 pages.
It goes all the way back to 2010.
I don't think she'd make that up.
-But I can take care of it before it's too late.
-How?
-If you pay, I'll handle the rest.
-I've heard that before.
The Baltic States, that was your idea.
I'll handle this on my own.
I need to know what I'm paying for.
She's my friend, and you're asking me
to screw her over! Do you get it?
You're paying me to stop Bea Farkas.
How I do it is none of your business.
Do you want my help or not?
Come in.
Hi, Mats!
Haven't I made myself clear?
I'm not interested in talking to you.
-Can I just explain what it's about?
-I have a meeting in ten minutes.
-Did you read my email?
-No.
I have information proving that a high-profile
Swedish bank is covering up trading losses.
You can't see it in their books,
but they're valuing their positions
-Good luck.
-Mats
Come on.
You're an expert at valuation models.
Mats?
So
So, you saved that?
The text messages, too.
The suggestions, the compliments
Okay, sure. It was inappropriate.
I'm not going to defend them.
I went a bit too far – I get that too,
but I guess I was in love.
How many pictures have you sent, Mats?
How many girls have had your shaved
genitals thrown in their face?
Maybe your wife has been keeping count?
Or your daughters?
This information will stay
between these four walls.
What's happened?
Bea Farkas got hold of our trading history,
going back to 2010.
-How the hell did she do that?
-Birgitta, Adam?
Our Adam?
He was Farkas' classmate
at the School of Economics.
-When she understands that material
-How do you know this?
-You're having an affair.
-It's over.
-Can't you keep your trousers on?
-I'm not going to discuss my personal life
This isn't your personal life! That woman is
threatening the whole bank!
Someone has offered to help us. The guy
who told me that she has our trading history.
-And who the hell is that?
-You knowMarkus Thulin.
From the Daily Post?!
So you confirmed to a journalist
that we have a problem?
And that you're prepared to pay
for it not to leak?
Maybe they're in cahoots? "Peder Rooth
willing to pay money to prevent leak."
Sounds great, doesn't it?
He's a journalist, for fuck's sake!
Hell, I don't recognize you.
No, Ulf was He just laughed. To him,
it was nothing more than a boyish prank.
But I guess Peder was upset?
There's a little socialist hiding
inside that banker.
It was too much drama for me.
I haven't got the energy to argue.
I just need some intimacy
And maybe to get laid.
In that case,
the Maldives sound like the best plan.
It might be this or I just can't
be bothered worrying anymore.
Speaking of worrying
What are you going to do?
About what?
Did he sign over the house to you?
No, why would he do that?
Ulf told me. So you don't need to
Told you what?
You don't know? You don't know
what's going on at the bank?
The edge is increasing because
they're trading more with long positions.
There isn't always an active market
for them. When you only do a few deals,
it can be misleading
if they're used to calculate market value.
Sorry to disappoint you, but if you're chasing
a scoop, you'll have to dig somewhere else.
Wait. Sit down.
Hey It's been a lovely evening,
so thank you, but now I'd like to go home.
Sit down. You'll go home when I tell you to.
Sit down!
I want you to pull out all the long positions
from when the edge disappears
and calculate what percentage
of the portfolio they represent. Okay?
Pick up. Pick up, pick up
-Hello?
-Hey, Eleonor Björnor just called.
-Right?
-Our Head of PR.
Why is she calling me
at half past eight at night?
-How would I know?
-They've found out.
-What?
-That I took the trading history!
-Did she say that?
-No. I didn't answer, obviously.
Okay. But you're sure
Of course I'm sure! She never calls me.
Why would she call me otherwise?
She's Rooth's fucking pit bull.
They know!
Adam, breathe!
-Did you find anything?
-I'm not done.
Skip the bullshit, Bea. Is there anything
in that fucking trading history?
Something minor, perhaps.
Minor?!
Calm down! I'll be in touch
as soon as I know more. Alright?
-Alright.
-I'll call you. Bye.
-But I went for PR instead.
-What's the difference?
Of course there's a difference!
I just can't think of it right now
-What about you, Leo?
-The psych ward.
He's surrounded by lunatics all day long,
just like me. That's why weconnected.
The psych ward?
And then he bagged the biggest lunatic
of them all.
Believe me, I've had bigger lunatics
on the hook before.
-Seriously? Is that how you met?
-Yes.
The psychiatric emergency room.
I was admitted. Panic disorder.
He gave me two pills: one Diazepam
and one Viagra, and the rest is history.
Sounds like a real keeper.
Hello?
Hi, Markus.
Here Stand up.
I'm on it.
On it? It's been ten days now.
I know, but it's a shitload of money.
Do you think so? I wonder how
the people you wrote trash about feel.
Want to know what I think?
That it's a low price to pay.
I'll take care of it, I promise!
"Ten days" clearly doesn't mean
ten days for you.
Stuff like that means shit to you.
I have a deal,
it should be done any day now.
To be completely honest,
I don't really like your type,
but when you work for the authorities,
you just have to shut up.
Regardless of what
fucking PC bullshit you wrote.
I had to sit and watch while you
and all the other lefties spread lies
and sabotaged Sweden.
But now, now I'm retired
and work for myself
I'll give you until tomorrow.
Well, let's say the day after tomorrow.
Okay Okay.
Does that thing work?
I'll give you the money.
Please don't, I'll give you the money!
I'm sorry.
Great. I'm proud of you.
For real? Hold that thought,
I want to hear more about this.
-Hi, honey. We'll be home in ten minutes.
-What's happening?
What?
Can you tell me what's going on
at the bank?
I already have.
No, clearly not.
We're working on it, honey.
-How serious is it?
-There's no need to worry.
Let's talk about it when we get home.
Why did Ulf sign over the house
to Rebecka?
What?
Apparently, it's a safety measure in case
you get sued. What the hell are you up to?
We're not up to anything. What?
Cut the bullshit!
If you've messed up so badly that our home
is at risk, I have a right to know!
What do you mean, "messed up"?
Did Ulf say that?
Did you give Beijer free reign
to gamble away the entire bank?
-What the hell are you talking about?
-And I have to find this out from Rebecka!
It's not true. You know what Ulf thinks
about me. He's always hated me.
Stop it! Stop it.
He can't stand the thought of me being
his manager despite being a spic
Don't play that fucking racist card.
He's married to Rebecka, for fuck's sake!
Why are we having this conversation?
Hampus is here. Can it wait?
No, not unless you tell me
what's happening at the bank.
-It's confidential.
-But Ulf told Rebecka.
Ulf is violating the confidentiality. I'm not.
-Let's end this. Bye.
-At least he talks to his wife
What the hell?
Have you found anything?
Since they stopped declaring the edge,
the percentage of long positions
in the portfolio has increased significantly.
So then the edge should have increased
proportionally
as only the long positions are valued
according to this specific model.
Yes.
So, where's it at at the moment?
I might have got some figures wrong.
Where's it at?
Two billion one hundred and thirty thousand.
Give or take.
You do understand that the bank
will go under if you write about this?
Are you headed home?
I'll be in touch.
Speak later.
You again. Better watch out.
-I'm sorry. Bea Andersson.
-Peder Rooth.
Did you really go through all the recruits
that I've hired the last two years?
No, I didn't know who you were
until three hours ago.
You're completely right.
It doesn't take much to come across
as a revolutionary in banking.
-It's an old men's club.
-Sneakers?
It's borderline.
If you're one of the cool guys in trading,
then maybe you'd get away with it. Maybe.
-Stubble?
-Out of the question. It's prohibited.
-"It's prohibited!"
-Yes, prohibited.
That's very important.
Neck tattoo?
That's allowed. As long as you're wearing
a really sharp, matching suit.
So, how come you ended up
at the School of Economics?
It was quite random, actually.
I dropped out of upper secondary school.
It was all a bit of a mess
-What was a mess? You?
-I was a bit of a mess.
But then I realized
that I had to get a hold of my life.
So I took the national university
aptitude test, got 2.0,
applied to SSE and got accepted.
Wow, check you out! Are you enjoying it?
I love to compete and there are
a lot of competitive people there.
That's true.
But it's extremely elitist.
All the teachers go on about "when you're
top executives, when you take over"
It feels a bit like a sect.
You all hook up with each other, and you're
recruited by someone who went to SSE
and who's married to someone else
who went to SEE.
And that's why so many in the industry
have six fingers on each hand.
Okay.
I just don't feel that I'm
I'm not a part of that.
They're like one big family,
and I'm sort of like a guest.
I know what you mean.
What does your wife think about
you taking other women out for dinner?
Come on It's really sweet of you
to call this a dinner.
What is it, then?
She's got nothing to worry about.
-Hi! Pad Thai?
-Yes, please.
-Thanks for the ride!
-Not at all.
I might join you for a while.
I need some fresh air.
You know, since the weather is so fantastic.
-Aren't you a bit too posh for the ghetto?
-Yes, I am.
Alright, I'm headed that way.
-Let us give you a hand, Kerstin.
-One, two, three!
That's great.
You were saying when you were at SSE
When I was at SSE, I started hanging out
in more upscale circles.
I came up with all sorts of different reasons
not to have people around.
I said I was refurbishing my bathroom or
that I had family visiting Anything, really.
Everyone thought that I lived in Vasastan,
even my girlfriend.
-Where the hell did you live?
-I shared a room with my brother.
When he wasn't in jail or something.
-Where is he now?
-He's in jail or something.
"Or something."
And you?
I've always told people that I live here.
After my first day at SSE,
they started calling me "Högdalen".
"What's up, Högdalen?
Can you get hold of some weed?"
Can you?
Of course I can.
I haven't got any study loans.
Clever, driven Marvelous.
-So, in which building do you live?
-The white one.
The charming concrete building?
Only joking, it's lovely.
I used to live over there with my grandma.
-Your grandma?
-I lived with her after my mom died.
Don't you have to go soon? Your wife
must be wondering where you are.
What happened?
She had lung cancer.
She was ill for many years.
She said that the chemotherapy
was helping, that she would get better.
The last time,
we sat on that bench over there,
eating ice cream
and talking about going the zoo.
I was eight, so it was a while back.
She could hardly walk
and all her hair had fallen out.
But I refused to see it. I didn't get it.
And I guess she wanted to protect me.
But she passed away that same night.
I'm sorry.
Shit!
Stop!
And you saw these two men
leaving in the Toyota?
Yes. The number on the license plate
was AFO 183. But I'm sure it's stolen.
-What the hell are you up to?
-What are you talking about?
-Burglary in my home.
-What the hell are you talking about?
You tried to steal the trading history
so that you could destroy it.
Can't you just admit that it was you?
I made a backup. I will write about this.
If you've got my trading history, you're guilty
of data breach. That's fucking serious
Why don't you call the Police?
If you write about this,
regardless of whether it's true or not,
it will have serious consequences
for 200 people and their families
-Can't you admit that it was you?
-What the hell do you want me to admit?
How the fuck could you?
-You're a psychopath. You're insane.
-Don't be so fucking immature. Grow up!
Fucking brat!
PRIVATE ACCOUN
Current Balance 97,054 SEK
-Hello?
-Hi, it's me.
Do it.
Yes.
You must think that I'm completely crazy
for telling you the story of my life.
-Quite the contrary.
-I'm not normally this open with strangers.
I never tell people that I grew up in Akalla.
Never.
Why not?
Because I don't think the Swedish
world of finance is ready for that yet.
Your background doesn't matter as long
as you're doing well and moving upwards.
But when you don't do so well
or you make a mistake
-I've been thinking of changing my name.
-To what?
-Farkas. After my grandma.
-Nice.
It means "wolf" in Hungarian.
It suits you perfectly.
What other name could you have?
-Hey there! Is this your boyfriend?
-A friend.
-Peder - Totte.
-Hi! What's up?
Nothing much.
-Right. This is where I live.
-Okay.
I guess I should probably go home.
-Yes, it's late.
-It's late as hell.
Thanks for tonight.
I've hada really good time.
-Me too. Really.
-What a great night!
If you ever feel like working in finance,
get in touch.
-I think we could use someone like you.
-Maybe.
Thank you.
-Drive safely.
-Yes.
Okay.
-Sorry, mate.
-It's okay.
Hi!
What the hell happened to your hand?
-Did you have something for me to read?
-Yes.
Here.
So, what do you think? Does it hold up?
You can prove this, I assume?
It's the bank's own figures.
And an oral source, albeit anonymous.
And Beijer's background, Rasmussen's
ramblings, Peder Rooth's denial
I've got loads.
A top scoop.
Should I send it to Rapp?
Do you think he'd read it?
Or should I go to someone else? I want him
to read it. It'd be such a great revenge.
I wouldn't go to anyone if I were you.
What do you mean?
Conflict of interest.
You've slept with Peder Rooth.
As a journalist, you can't sleep
with those that you're investigating.
No, but
Everyone will think you're attacking
the ST Bank for personal reasons.
But I'm not. And no one knows about that.
-I know.
-And? Right?
As a journalist, you only have
your credibility. Without it, you're screwed.
Forget about this.
If you don't, I'll make sure the whole country
finds out that you and Rooth had an affair.
He bought you?