I don't know, you tell me
Join the conversation
Log in or create an account to leave a comment
Log In
Seth Davis:
Do you know what Bridge Financing is? Abbie Halpert:
No Seth Davis:
Basically it's a way to raise capital for a company that's trying to go public they get money from outside investors they're the "bridge" and it's perfectly legal as long as there's no connection between the investors and the firm but Michael's fronting his friends as the investors on every IPO we do Abbie Halpert:
That's why all the names on the contracts are the same Seth Davis:
Right, and he has us push it all on the open market for him, we're basically Michael's shares and that's where the two dollar "rips" come in, he can afford to pay us that much and it's worth it for him because he literally depends on us to create the market for him there's no other firm selling this shit it's all artificial demand and as soon as we sell off his position there's no need to maintain the inflated price anymore we stop pushing it Abbie Halpert:
And then it crashes Seth Davis:
right, but how does that really affect me? I'm just selling stock there's nothing wrong with that, so I know now how Michael makes his own money and I know I'm not working at Goldman Sachs but we already know that, so how does this really change anything? Abbie Halpert:
I don't know, you tell me
Do you know what Bridge Financing is? Abbie Halpert:
No Seth Davis:
Basically it's a way to raise capital for a company that's trying to go public they get money from outside investors they're the "bridge" and it's perfectly legal as long as there's no connection between the investors and the firm but Michael's fronting his friends as the investors on every IPO we do Abbie Halpert:
That's why all the names on the contracts are the same Seth Davis:
Right, and he has us push it all on the open market for him, we're basically Michael's shares and that's where the two dollar "rips" come in, he can afford to pay us that much and it's worth it for him because he literally depends on us to create the market for him there's no other firm selling this shit it's all artificial demand and as soon as we sell off his position there's no need to maintain the inflated price anymore we stop pushing it Abbie Halpert:
And then it crashes Seth Davis:
right, but how does that really affect me? I'm just selling stock there's nothing wrong with that, so I know now how Michael makes his own money and I know I'm not working at Goldman Sachs but we already know that, so how does this really change anything? Abbie Halpert:
I don't know, you tell me
Full Transcript
00:00:01.000 --> 00:00:04.436
They're the bridge And it's perfectly legal
00:00:04.503 --> 00:00:08.439
as long as there's no connection between the investors and the firm
00:00:08.507 --> 00:00:12.603
But Michael's fronting his friends as the investors on every I P O We do
00:00:12.678 --> 00:00:15.647
So that's why all the names on the contracts are the same
00:00:17.316 --> 00:00:20.683
Right Then he has us push it all on the open market
00:00:20.753 --> 00:00:22.914
We're basically selling Michael's shares
00:00:22.989 --> 00:00:24.923
That's where the two dollar rips come in
00:00:24.991 --> 00:00:27.927
He can pay us that much and it's worth it for him
00:00:27.995 --> 00:00:31.795
because he depends on us to literally create the market for him
00:00:31.865 --> 00:00:36.001
There's no other firm selling this shit It's all artificial demand
00:00:36.169 --> 00:00:38.194
As soon as we sell off his position
00:00:38.271 --> 00:00:41.206
there's no need to maintain the inflated price anymore
00:00:41.274 --> 00:00:44.334
We stop pushing it and then And then it crashes
00:00:44.411 --> 00:00:46.641
Right
00:00:47.848 --> 00:00:50.084
But I mean how does that really affect me
00:00:50.917 --> 00:00:54.785
I'm just selling stock There's nothing wrong with that
00:00:54.855 --> 00:00:57.997
So I know now how Michael makes his own money
00:00:57.124 --> 00:00:58.099
And I know that I'm not working at Goldman Sachs
00:00:59.002 --> 00:01:00.055
but we already know that
00:01:02.296 --> 00:01:04.821
So how does this really change anything
00:01:04.899 --> 00:01:08.733
I don't know Seth You tell me
Want This Clip in HD?
Upgrade for HD/4K downloads and unlimited access. Upgrade now →
Movie Summary
A college dropout, attempting to live up to his father's high standards, gets a job as a broker for a suburban investment firm which puts him on the fast track to success. But the job might not be as legitimate as it first appeare...
Actors
Seth Davis
Abbie Halpert
