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like an unguided missile and raise hell...

...or whether you want to keep it

in the hands of responsible people.

Keep it channeled, keep it quiet.

Believe me, Hub.

The dollar will hold. Believe me.

The system will be fine,

providing nobody panics.

I'm looking at you, Hub.

Well...

...I've listened patiently to

your somewhat fantastic story...

...with one puzzling question in mind.

If you wish to say something

to the Arabs, say it.

Why come to me?

Because you know how to get to them.

Sometimes. If they wish to be gotten to.

And exactly what is it I'm to tell them?

That I...

...know that they're involved

in a secret financial manipulation...

...and that they want it kept secret.

And so I'm prepared to trade,

Mr. Naftari, my silence...

...in exchange for Winterchem.

But you have Winterchem.

Our contract has to be renegotiated...

...so that if Borough National

goes under...

...I don't lose my company to the Saudis.

My silence is the only leverage I have.

Forgive me...

...but silence about what?

Some secret financial manipulation?

You expect them to believe me

if I use those words?

Just tell them 21214.

You realize, of course, that they may reject

your whole story as preposterous.

They may not even wish to discuss it.

I'll take my chances.

If they don't get back to me,

they'll have to take theirs.

There's something else

they should know.

While I've spoken to no one about this...

...I've taken the precaution of putting

the evidence I have in a safe place.

Very well, then. I will pass it on.

I so enjoyed your work in films,

Mrs. Winters.

What a pity you decided to give it up.

Hello?

Sorry, partner, I missed

the damned 5:
00 shuttle from Boston.

I just got into LaGuardia.

Why don't you go ahead.

I'll catch up with you at the opera.

Listen, you're tired.

Why don't you just finesse it.

It's only a benefit.

Well, I am pretty whacked.

Go on home. I'll call you tomorrow.

- You swear?

- In blood.

Hey, maybe we can get off somewhere

by ourselves this weekend.

Just the two of us. Alone.

- Call me. Okay?

- Okay.

Nettie, first thing tomorrow I want

all the locks in the house changed.

Changed my mind.

Mrs. Winters is not here.

That's okay, Nettie, I'll wait for her.

- Hello?

- Is Mrs. Winters there?

I'm afraid she's out for the evening.

Well, then could you give her a message,

please? I'm calling on behalf of Mr. Naftari.

He asked me to say he's been in touch

with the other party...

...in regards to the 21214 matter,

as Mrs. Winters requested.

And they suggest a meeting

at 11 tomorrow.

Eleven tomorrow. I'll tell her.

Hi, Mr. Smith.

Excuse me.

Okay, what the hell have you been

playing with Sal?

I have nothing to say to you.

What do you know about 21214?

- Enough.

- Enough what?

Enough to protect myself.

- Against what?

- Against you.

Borough National can go under.

You're not taking me with it.

I'm through depending on you, Hub.

I went to the Saudis.

I'm cutting my own deal.

Sorry, partner.

I guess I just lost confidence.

- Do you know what you've done?

- What I've done?

- Smile.

- What?

Smile.

I have to go. Have a nice evening.

Leave me alone.

Get out! It's not your driver! Get out!

Get out! He's not your driver!

Get out!

Lee, are you all right?

I didn't know.

I swear to God, I didn't know.

Yes, Emery here.

What? Not possible. They couldn't.

Everything that goes to them

clears through me, personally.

I'm afraid the matter

is out of my hands now, Mr. Emery.

Whatever they're planning

is out of yours too.

- It's not the children?

- No, no. Business.

Absolute nonsense.

Okay.

The Arabs yanked every penny

they had with us.

They hit all the other outfits too,

so it's across-the-board.

Every bank in the country is gonna be

struggling for liquidity...

...trying to cover those cash withdrawals.

We're dumping everything.

Treasury bills, bonds, Fannie Maes,

commercial papers, we want it all sold.

Fed Funds, Eurodollars, borrow

whatever you can find up to 200 million.

Foreign exchange, no positions.

Bullion, grab what you can get.

All right, let's hit it...

...and pray.

Maybe we could try to borrow

in Frankfurt...

...or Zurich.

Swiss International owes us a favor.

It's over, Roy.

Twenty-nine percent for three-month

money with no nibbles.

- We may have to go to 30.

- The market's starting to react already.

One large bank is bidding 27 percent

for six-month Eurodollars.

Dollar down 4 percent

against the sterling.

I'm running low on contracts.

I need contracts!

One thousand!

Gold jumped $ 100 in 30 seconds.

Dollar down by 5 percent

against the franc.

Borrowers stepping up the bids.

Fed doing another round

of repos at 30 percent.

The customers wanna know

what's happening.

Do I tell them what we're doing?

Tell them anything, Barney,

except what we're doing!

Stock market's off 75 points.

The dollar's depreciated 10 percent

and moving down.

They even yanked the Eurodollar

deposits that weren't due.

First New York is practically down

the tubes, and gold just went over 2000.

By tonight, that'll be cheap.

Hi, Virginia. It's me.

I want you to listen

and listen very carefully.

As soon as you hang up,

I want you to go to the closet...

...take the suitcase

and get to the bank.

It began eight days ago

when a group of Arab investors...

...withdrew billions of dollars

from U.S. Banks.

That, in turn, started a chain reaction

on the world money markets.

Dollars, pounds, marks, francs, yen,

not one currency escaped.

This scene, outside a Manhattan bank

was duplicated all over the world...

...as people saw their life savings

become worthless...

...in a matter of hours.

Good evening. I'm George Page

in New York.

And this is another in our series of reports

on the world economic crisis.

The growing paralysis

of the industrial world...

...has left millions without jobs,

without money...

...and without hope.

Crowds of unemployed

poured into Washington yesterday.

They stood in silent protest

before the nation's leaders.

At the same time, more than a million

people packed St. Peter's Square...

...where the pope urged

calm and nonviolence.

The pontiff asked for prayers

for world leaders...

...prayers and peace and reason.

But the last 24 hours

have been marked by growing protests...

...and ever-increasing violence.

Last night, demonstrators burned

American currency...

...in front of the White House.

And attempts to put out the fires

led to a confrontation with police.

Every hour,

from every corner of the globe...

...there are new reports of outraged crowds

demanding action.

A bankrupt world

seems to be teetering...

...on the very edge of anarchy.

And now for continued coverage

from around the world.

A statement was issued

from the OPEC meeting today...

...that the leading oil-producing nations

would resume oil exports...

...as soon as the international

monetary markets have stabilized.

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