The Company Men

It's going to come up

in conversations...

where people say "You

remember when..."

the closing of California's

IndyMac Bank has resulted in

what could turn out to be the most

costly bank failure in U.S. history.

DOW has dropped more

than 800 points...

and it's not clear the crisis is over.

Last night there was an emergency

meeting in Washington.

The leaders of Congress were told

the Nation's financial system

was facing imminent collapse.

are losing their jobs.

Good morning.

Hey.

Hey, do I have any messages?

Wilcox want to see you. She's

in the fifth floor conference room.

Shot an eighty-six at

the club this morning.

She said it was important.

Sally Wilcox thinks

everything's important.

Thank you.

Anyone want to take

a guess at what

I shot at the club this morning?

Go ahead, take a shot.

Just...

No?

Oh, no you didn't, Bob!

Yes, I really did.

It's true.

What happened, somebody die?

Conal?

They closed Mobile

and Newport News.

They merged Ship Systems

into Rail Products.

How many?

Conal, your wife is on one.

Hi, honey.

- Three thousand at the shipyards.

Rumor is, another

couple hundred here.

Uh, I've got some bad news.

What's going on?

Bobby, you know Dick

Landry from Legal.

The company's

consolidating divisions.

Difficult decisions

had to be made in...

areas where

redundancies surfaced.

We've stuctured a generous

severance package for you.

Your twelve years with

us entitles you to...

twelve weeks full

pay, and benefits.

You're firing me?

- Come on, Bobby, sit down.

We're also offering you

outplacement services...

to help you secure

your next employment.

Does Gene know about this?

- Please, sit.

You know what, Sally?

F*** off!

Is Gene in here?

- He's in Chicago today.

We've reviewed our pipeline

of some 500 projects...

and programs. Focusing on those

with significant marketing...

opportunities,

jettisoning everything

that won't contribute

immediately to our profitability.

Selecting thirty-seven

as promising...

strategic growth programs,

and setting aside the rest

for future consideration.

Ned Haspel, JP Morgan.

Mr. McClary, you were talking

earlier about Fiscal 2011.

You've done a good job of

convincing us that with the...

credit markets frozen your

sales revenue in 2010

will slow--

- Great, then my job here is done!

Can you talk about

of a percentage increase

you anticipate?

We all like to talk

percentages, Ned.

Your people do, our people do.

Are you suggesting that

you aren't expecting...

any growth in your

division next year?

I'm suggesting that we face

increased foreign competition,

and a difficult credit market

for large capital expenditures -

like ship building.

So... no growth in 2011?

I am confident that while ship

building will remain challenged,

the rest of the

Transportation Systems

Group will continue

to make significant

contributions to growth at GTX

in the coming quarters.

Yes, in the back.

Honesty's the best policy?

Christ, could you just try to

be a little less candid for once?

So we're lying to

financial analysts now?

That the new profitability plan?

What do you want? More

inflated guidance so we...

can underperform in all four

quarters again next year?

our share price tomorrow.

Salinger is going to

blow a f***ing gasket.

Oh sh*t...

Yeah.

- They...

...say who else is on the block?

Thanks for the sympathy, Phil.

Call you later, okay?

- Okay.

Did they say anything about me?

- What?

About my still having a job?

You know, I didn't ask.

I've been trying to reach you.

- This damn thing's dead.

Recharge it for me, will you?

- Phil's in there.

Make yourself right at home, Phil.

I won't go back to the factory floor!

I've got one kid in college,

another one going in the Fall.

What the hell are

you talking about?

You're shitting me!

He doesn't know?

Sally Wilcox let

some more people go.

Some! She fired

goddam everybody!

Did she fire you?

No, but I've been

hiding in here all day!

They closed Mobile

and Newport News.

Laid off most of the Ship

Systems Sales Group.

I won't let the bastards just

kick me out after 30 years.

I'll take an AK-47 to this

f***in' place, first!

What were you going

to do? Let me...

read about it in

tomorrow's Journal?

We're in the middle

of something here--

You closed two of my ship yards?

Consolidating divisions has been

under discussion for months.

Yeah, and I told you

it was a shitty idea.

We took that opinion

into consideration.

It's my goddam division!

It's my goddam company!

Would you excuse us

for a moment, please.

Don't embarrass me like that...

- (scoffs) Embarrass you?

I'm gone one day and you

gut one of my divisions?

Stock's stalled, revenues are flat.

The entire economy is flat -

we're in the middle of a recession.

I only closed two of the ship yards,

I should have closed

all three of them.

Our stock is in the f***ing toilet!

- Everybody's stock is in the toilet.

Well, the stockholders

would like to...

see their share value maximized.

Well, sell the f***ing Degas.

Well, now, I heard you put on

quite a show in Chicago.

What'd you do? You told a

room full of analysts...

we weren't gonna generate

any growth next year?

Three thousand jobs?

Gene, we're not some shitty

little shipyard any more!

I'm not going to keep pouring

money into a losing operation.

We innovate, we re-tool--

Ah, American heavy

manufacturing is dead.

Steel, autos, your

precious ship building.

The future is in heathcare...

infrastructure and

power generation.

I have to be involved

in any decision...

that affects one of my divisions.

You wouldn't have

approved the cuts.

You'd have gone behind my back

to the Board again! Right...?

They were good people, Jim.

They're not our responsibility.

We work for the stockholders now!

Your dad's home?

Yeah.

Can you grab the rest of

these out of the trunk?

Hey!

What're you doing home?

- Making dinner.

We're going over to Jack's.

- That's tonight?

Dierdre's birthday.

I think it's gonna rain.

You know what? You

don't wanna come, fine.

Don't come!

Thanks, bud.

Drew, can you finish

that upstairs, please?

Can you put on clean

pair of jeans, please.

We're going over to your

Uncle Jack's for dinner.

Christ, you don't have to like him,

but you could pretend,

for my sake. I mean...

he doesn't like you either,

but at least he cares...

enough about me to not treat

you like a piece of sh*t.

They fired me.

What?

- They... fired me.

Today.

Sally Wilcox.

- Why?

Something about redundancies.

Gene said you were safe!

- Gene said a lot of things...

but he was nowhere

to be found today.

Bobby, you busted

your ass for them!

No, no, I'm sorry f*** them

and f*** Gene McClary...

and all his promises!

Something's burning.

Hey, I, uh...

I don't wanna tell

anybody, you know...

'til I get another job.

Alright?

Hey.

Where's your mom?

Headache.

Oh, Dad! They announced where

we're going for our senior trip.

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