Rollover Page #6
- R
- Year:
- 1981
- 116 min
- 220 Views
- Worse?
Mrs. Winters, please, just leave it.
I can't leave it. I need your proof.
Your husband couldn't leave it,
and look what happened to him.
Charlie?
Are you...? Are you saying this
had something to do...
...with Charlie's death?
- I don't know.
I don't know. I don't know.
I can't be sure.
But he found out,
and he died, didn't he?
Mrs. Winters, Mrs. Winters,
they're all over me, and I... I...
If I tell them you came to see me,
what happens to you?
And if I don't, what...?
What happens to...? To me?
L...
I thought...
I thought it was all over
when I took the bribe.
...is it?
Mrs. Winters.
There's a Dunkin' Donuts
in the Rockville Shopping Center.
I'll meet you there at 4:00.
I'll need some time to get my notes.
This is going to be over, Mr. Fewster.
I promise you.
It's gonna end.
All right. Stand by.
- Hello, Mr. Smith.
- Sam...
...I left some papers
up in Mr. Emery's office.
- No problem. I'll sign you in.
- Thanks.
- Anything up?
- No.
Have a good night.
That's one of the rewards
of working at night, no phone calls.
- Good evening, Henry.
- Evening, Mr. Emery.
You've got a hectic week ahead of you,
there's the IMF conference. Johnson's...
That's one of his problems.
We take count.
Europe development speech
is next Thursday.
Not this year. Mrs. Emery's
taking care of the Girl Guides.
That's enough scouting.
Tell George that when he writes...
...that community trust speech
he can forget Adam Smith.
I know it was enough.
I don't understand how we could've
been so wrong on interest rates.
Warren went long on bonds again,
tried to cover himself.
but not his refusal to admit it.
- You gonna talk to him about it over lunch?
Maybe Chase can afford him. We can't.
- Just part of the image.
- What about that little list of yours?
- I'm not gonna need you tonight, William.
- Yes, ma'am.
Hub?
Hey.
I'd just about given up on you.
- Oh, thank God you're home.
- Yeah, where you been?
- Oh, just hold me.
- Oh, I was getting worried about you.
- Just hold me.
- Tell me if you're okay.
Something awful happened in Washington.
What were you doing in Washington?
It was an accident. You know,
I feel so silly.
I think I need a drink.
While you're at it, get one for me.
Scotch on the rocks with a twist.
Mr. Emery there? Hub Smith calling.
No. This won't keep. Can't you find him?
Look, I have to talk to him.
If he calls in, tell him...
Tell him we've got to
talk about 21214...
...before anything else happens.
That's right...
...21214.
I can't speak for the president
of the United States.
He runs his shop. I run mine.
But I'll tell you this.
Bankers are more dependable
than governments.
We don't lie to ourselves.
We can't afford to.
Isn't that right, Hub?
I'd like to think so.
We've just been joined by
a most distinguished banker.
About 20 years ago,
he sat where you are...
...drinking in my words with the same
skepticism that I see on some of your faces.
How do you account for the fact
that for 30 years after the Depression...
...there hasn't been
Now there's one every 18 months.
Herstatt in Germany.
Franklin National here.
The international character of banking today
makes everyone vulnerable to everything.
Somebody sneezes in Zurich,
we say gesundheit in New York.
The important thing to realize is...
...that everything is interconnected.
We're all in this together.
- This is Hub Smith with Borough National.
- Professor Aikens, it's a pleasure.
Will you excuse us for a few minutes?
I'll catch up with you later.
Well, you're a surprise.
People will start talking about us, fella.
What are you doing?
As a matter of fact, right now
I'm trying to keep my temper.
See, after that flutter we had
at Borough National yesterday...
...there was one Saudi Eurodollar deposit
that didn't roll over.
It was transferred instead
to First New York.
So I went over and had a little talk with
your computer about that stray 5 million.
You set me up, Max.
You didn't want me
to save Borough National.
You just wanted me to keep them afloat
for you to siphon off that Arab money.
You've been doing it for months.
Is that a fact?
Don't dance with me, Max.
You have 21214 listed
as a foreign-exchange account.
But you don't buy other currency
with those dollars. You buy gold.
But you have to do it slowly because
if anybody finds out what's going on...
...the dollar will drop, and all the Saudi
investments over here won't be worth sh*t.
You're being a little wild and woolly here,
aren't you, fella?
There have been some
perfectly normal transactions...
...that wouldn't raise an eyebrow
anywhere.
Borough National is just the tip
of the iceberg, isn't it, Max?
I checked the inflows in 21214.
on a regular basis...
...from Arab and OPEC accounts you
control in at least 15 other banks.
You're moving the Arabs into gold.
- You're taking them out of the dollar.
- That isn't a crime.
It isn't against the law.
It isn't even a conspiracy.
Just a routine banking operation.
And if we didn't handle it, they'd
find a lot of other people who would.
Goddamn it, Max.
You don't just do this on your own.
You go to the Comptroller
of the Currency...
the secretary of the Treasury.
- You call the president, for chrissake.
- And start a real panic?
Have you ever seen anyone
in government keep his mouth shut...
...about anything for five minutes?
Go ahead. Call the Treasury.
Call the Comptroller. But I'll tell you
what's going to happen.
When the Arabs learn that word of what
they're doing is out, they may panic...
...move a big chunk of funds
too fast or the wrong way.
Really destabilize the monetary markets.
Then the dollar will collapse.
Whereupon there'll be a lot of jawboning
by the president, and that won't work.
Then they'll go to selling gold,
and that won't work either.
Then they'll have to go to capital
controls. Freeze foreign assets...
...stop any money from going in or out,
and that will be the end of all the markets.
That will really be the finish. Then you'll
see a worldwide depression that'II...
...make the 1930s
look like a kindergarten.
In two months, you'll have breadlines
in Detroit, riots in Pittsburgh.
In six months, you'll see grass
right over Rodeo Drive.
And Michigan Boulevard
and Fifth Avenue.
And I won't have done it, Hub, you will.
All because you tried to stop a movement
that couldn't be stopped anyway.
Listen to me, Hub.
Money, capital has a life of its own.
It's a force of nature, like gravity.
Like the oceans.
It flows where it wants to flow.
This whole thing with the Arabs and gold is
inevitable. We're just going with the tide.
The only question is...
...whether you want to let it go
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