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Frank:
Of course. Boy:
Pop-pop! - Bernie: Can I count on you?
- Pop-pop! Bernie:
We took a big hit today. Lost over a billion and change. You know how with a split-strike
conversion strategy the stock options offset losses? Frank:
It's like insurance. A fucking meltdown like this,
would have been a nice strategy
Of course. Boy:
Pop-pop! - Bernie: Can I count on you?
- Pop-pop! Bernie:
We took a big hit today. Lost over a billion and change. You know how with a split-strike
conversion strategy the stock options offset losses? Frank:
It's like insurance. A fucking meltdown like this,
would have been a nice strategy
Full Transcript
00:00:01.000 --> 00:00:02.082
Frank:
Of course.
00:00:02.126 --> 00:00:05.252
Boy:
Pop-pop!
00:00:05.296 --> 00:00:08.714
- Bernie: Can I count on you?
- Pop-pop!
00:00:08.758 --> 00:00:10.466
Bernie:
We took a big hit today.
00:00:10.509 --> 00:00:12.843
Lost over a billion and change.
00:00:12.887 --> 00:00:15.429
You know how with a split-strike
conversion strategy
00:00:15.473 --> 00:00:17.389
the stock options offset losses?
00:00:17.433 --> 00:00:19.475
Frank:
It's like insurance.
00:00:19.518 --> 00:00:21.622
A fucking meltdown like this,
would have been a nice strategy.
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Movie Summary
The fall of Bernie Madoff, whose Ponzi scheme robbed $65 billion from unsuspecting victims; the largest fraud in U.S. history.