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ALL SCRIPTS




 
                         WALL STREET: MONEY NEVER SLEEPS





                                   Written by

                                   Allan Loeb




          A BLACK SCREEN
          Onto which is written in white letters...

          "When business in the United States underwent a
          contraction... the Federal Reserve created more paper
          reserves.

          The excess credit spilled over into the market triggering a
          fantastic speculative boom... "



          EXT. CLINTON CORRECTIONAL FACILITY - DAY

          It's a summer day. The heat floats above the pavement.
          A cab waits in the lot.

          The large gates of New York's largest prison open and today's
          group of newly released emerge.

          They pass a guard who lifts up a copy of The USA Today to
          reveal the headlines and date that tells us it's 2002.
          Amongst this group we find a man carrying a small duffel.
          And we know this man. He is Gordon Gekko.

          But he is not as slick as we remember... he doesn't have that
          gleam in his eyes or that gel in his hair. No, this is a
          very different version of the man we remember... because now
          there's nothing behind those eyes... nothing we can read
          anyway.

          And he just stands there... coldly watching his recently
          freed brethren greet their wives and children... reuniting
          with the people who waited for them... the people who love
          them.

          The cab slowly pulls up and Gordon holds up a finger... wait
          a minute. He glares over to the entrance of the lot...
          waiting for his people... but they don't come.

          And the cab waits... Gordon stands there... in the heat...
          completely disappointed... and completely alone.
          And we...

          SLAM BACK INTO
          As the white letters reappear on the screen...
          "As a result... the American economy collapsed...
          Taken from an article about the pre-crash 1929...
          ... written by Alan Greenspan."

                          JACOB (V.O.)
           It's funny, the more we find ourselves
           slaves of chance... the more
           superstitious we become.

           2.

                         

                         

          SLAM INTO: A MANHATTAN MORNING
          A gorgeous June Friday.

                          JACOB (V.O.) (CONT'D)
           And that would make Andrew Zabel one
           superstitious motherfucker.

          Find ANDREW ZABEL, mid 50s, shaved-head and in good shape.

                          JACOB (V.O.) (CONT'D)
           He started every day the same exact
           way. He would walk his dogs then
           leave his Gramercy Park condo at seven
           am on the dot.

          As Andrew leaves 36 East Gramercy Park East, an impressive
          building made of white stone.
          Andrew wears a suit and holds an umbrella.

                          JACOB (V.O.) (CONT'D)
           And he would take an umbrella with him
           even when there was no chance of
           rain...

          As Andrew heads to a newsstand and throws the INDIAN CLERK a
          familiar nod. And without saying a word, the clerk knows
          exactly what to give him.

                          JACOB (V.O.) (CONT'D)
           He'd buy a journal, a tin of chocolate
           Altoids and a cold bottle of Poland
           Springs water.

          23RD ST SUBWAY STATION
          As Andrew bounds down the stairs and through the gate...

                          JACOB (V.O.) (CONT'D)
           He had timed it out so he wouldn't
           have to wait more than three minutes
           for the uptown five train.

          As Andrew emerges out to the platform and sees the headlight
          from the 5 train coming down the tunnel.

                          JACOB (V.O.) (CONT'D)
           I guess you could say that day was
           like every other...

          And as the train approaches... holding that Wall Street
          Journal... the bottle of water and that tin of Altoids...

                          JACOB (V.O.) (CONT'D)
           Except for one thing...

          ... Andrew Zabel simply steps forward and falls onto the
          track.

           3.

                         

                         
          And as the train SLAMS into US...

                         DARKNESS
          Which holds for an uncomfortably long moment, then...
          "Money Never Sleeps" graces the screen... and we move down
          below the letters to find...

                         A CHART
          Now filling the screen. It's of the Dow Jones Industrial
          Average. It's for the year 2008 and it's down to the
          right... not good.
          A circle marks Friday June 13th. Follow a blue line back
          three days and stop. Another circle is now formed and
          Matthew Good's "Giant" rings out...
          CARD: JUNE 6th 2008... 8 DAYS EARLIER...

                         MIDTOWN
          Opening titles... the workplace throng... listening to their
          iPods, checking their Blackberrys and sipping their
          Starbucks.

          Move with this throng, to the Matthew Good tune, under the
          opening titles, past 745 Seventh Avenue, the Lehman Brothers
          building... with that giant ticker that rounds the building
          posting Dow 12,579.76 -- +119.86

          And keep moving... all is normal in the financial center of
          the universe.

          Land on a impressive modern building made of glass and steel
          then climb up it to the top... to the penthouse office
          suites.

          And push in through the window to be in...

          INT. KELLER, ZABEL INVESTMENTS/ANDREW ZABEL'S OFFICE - DAY

          An impressive office with a 180 degree view of southern
          Manhattan. Zabel sits behind his desk.

                          ZABEL
           Go ahead, open it.
          And across from Andrew Zabel sits JACOB L. MOORE... who holds
          his bonus check.

                          JACOB
           Really?
          On the wall over Zabel's shoulder runs an electronic ticker
          with the major indices and just one stock... ticker KZI...
          Keller Zabel Investments.

           4.

                         

                         

                          JACOB (CONT'D)
           I thought that because of the problems
           with the credi--

                          ZABEL
           Screw the credit derivative desk, I
           don't understand half the shit they do
           anyway.
          Zabel forces a smile. But Jacob can tell something's wrong
          with him.

                          JACOB
           Are you okay?
          Zabel doesn't answer... he just nods to the envelope.

                          ZABEL
           Open it.
          He opens the envelope and looks down at the check.
          $1,450,000. And he can barely contain his excitement.

                          JACOB
           Thank you.
          And we get a good look at Jacob now... boyish features that
          display humility with a trace of mischievousness thrown in.
          He's definitely sexy, definitely cerebral and definitely
          winning.

                          ZABEL
           I'm proud of you, Jacob.
          And Jacob tries to play it cool as he looks up at the
          electronic ticker on the wall... 12,592.46 -- +132.46... KZI

          $71.67... +$3.12.

          CLOSE ON A RING

           SALESMAN (V.O.)
           Princess cut, platinum banded, five
           carat, completely colorless round
           center stone with a medium girdle and
           excellent polish.
          Pull back to be in...

          INT. TIFFANY'S - DAY

          Jacob inspects the ring then looks up to the fey salesman.

                          JACOB
           Yeah, it's nice. But here's the
           thing...
          He looks around the store for a moment, then...

           5.

                         

                         

                          JACOB (CONT'D)
           I want to see the "fuck you" room.

                          SALESMAN
           The "fuck you" room?

                          JACOB
           Yes. The room where you sell me a
           fuck you ring for fuck you money.

                          SALESMAN
           The private client foyer.
          And with a big smile...

                          JACOB
           What did I say?

          INT. JACOB'S APARTMENT - NIGHT

          Two bedroom in a Murray Hill high rise. Jacob watches Fox
          Business on his tv. A much nicer, much bigger, much flatter
          plasma sits against the wall under it waiting to be
          installed.
          A promo plays for a magazine show being narrated by Cody
          Willard.

           CODY WILLARD (ON TV)
           Tomorrow night we explore the excesses
           of hedge fund managers.
          Different pictures flash on the screen of private jets,
          massive mansions, expensive watches and wines.

           CODY WILLARD (ON TV) (CONT'D)
           Whether they're spraying $5000 a
           bottle champagne at Voile Rouge in
           Saint-Tropez, ordering a $10,000
           Martini at The Algonquian Hotel with a
           diamond on the bottom or eating a gold
           dusted $175 hamburger at the Wall
           Street Burger Shoppe...
          Now the flashes are of some of the top HEDGE FUND MANAGERS in
          the business that we'll see later... one of them is a man
          named BRETTON WOODS... maybe we hold a little longer on him
          to get a good look... Mid 40s, good looking and refined.

           CODY WILLARD (ON TV) (CONT'D)
           ... these cowboys of finance always
           seem to land on their feet.
          Jacob lets out a little laugh and mutes the tv.
          He grabs the phone and makes a call...

           6.

                         

                         

                          JACOB

                          (INTO PHONE)
           I know you're at the fund raiser
           tonight but I wanted to say hi.

                          (BEAT)
           Okay, best part... getting my bonus
           check. Worst part...
          He grabs a framed picture of her and looks at it.
          She's in workout gear, wearing earbuds, obviously just off a
          run, caught off guard and thus flipping him the finger...
          it's adorable.

                          JACOB (CONT'D)

                          (INTO PHONE)
           ... it was right after I ordered lunch
           and I remembered that we're not seeing
           each other this weekend.
          And he finishes his message to her...

                          JACOB (CONT'D)

                          (INTO PHONE)
           Okay, text me yours and I'll read them
           in my sleep. I love you.
          As Jacob disconnects and looks out the window... looking out
          at Third Avenue twinkling up into Midtown.

          AND WERE BACK ON THE CHART
          Where the blue line travels down the Dow trend line, down and
          to the right then stops on Thurs June 12th.

          CARD: 6 DAYS LATER

          INT. KELLER, ZABEL INVESTMENTS/TRADING FLOOR - MORNING

          A large space lined with long desks that hold five TRADERS
          each. Each trader has two phones and three huge monitors in
          front of them.
          It's loud and frenetic. Most of the traders are under thirty-
          five, it's a young person's game.
          Jacob heads in and takes his seat at his desk. It's larger
          than the others and anchors the room... this is his domain.
          Fox Business plays on each of the screens that line the space
          ubiquitous. (A note, when possible, business news will be
          droning from television sets throughout this movie in bg...
          as it is the current soundtrack of New York these days)
          A trader named WILLY shouts out...

                          WILLY
           Jake, Glass Works is up nine points on
           earnings, you want to unload some?

           7.

                         

                         
          Jacob confirms...

                          JACOB
           Yeah, let's get closer to home.
          A trader named AUDRY turns to Jacob.

                          AUDRY
           (to Jacob, re Willy)
           Where's his hat?
          Willy glares at her.

                          WILLY
           Mind your own business, Audry.

                          AUDRY
           I had to wear Pfizer on my forehead
           for a full week... so post it up,
           bitch.
          Willy pleads with Jacob...

                          WILLY
           C'mon Jake, it's embarrassing.
          Jacob just shrugs...

                          JACOB
           The stock goes down, you wear the
           crown... them's the rules.
          Audry grins in victory.
          Willy shakes his head, grabs a marker, scribbles something
          down on a post-it then places it on his forehead. It reads
          "I bought Toll Brothers at $24" and he has to wear it all
          week.
          And Jacob laughs... now looking up at the electronic
          ticker... KZI $60.21... -$2.25...

          INT. ONE OAK - NIGHT

          An ultra exclusive club reserved for Wall Street money-men,
          Hollywood players, gangstas and supermodels.
          TI's "Whatever You Like" blares.
          The dance floor is packed with New York's privileged draped
          in Prada and dripped in sweat.
          Jacob heads a table of five men who are all in suits. They
          are all in various areas of finance... a HEDGE FUND Portfolio
          Manager, a DERIVATIVES TRADER, a PRIVATE EQUITY CFO and a

          QUANT ANALYST.
          The quant stares at a HIGH CLASS CALL GIRL working the room
          across the way. He then turns back to the guys with...

           8.

                         

                         

                          QUANT ANALYST
           Girl like that cost a thousand bucks
           last year... now it's up to five.

                          JACOB
           Getting priced out of the hooker
           bubble?
          Confirming in frustration...

                          QUANT ANALYST
           Goddamn bull market's killing my sex
           life.
          They all laugh.

           HEDGE FUND PM
           Don't worry... it's not such a bull
           market anymore. She'll be trading at
           five hundred soon enough.
          The laughter dies down.

                          DERIVATIVES TRADER
           (turning to Jacob)
           It's true. I'm actually shocked KZI
           gave you a bonus of that size.

                          JACOB
           Why?
          Private Equity CFO nudges Hedge Fund PM in reference to the
          woman who just took the seat at the next table...

           HEDGE FUND PM

                          (DISMISSIVE)
           Yeah, I'm going long Boeing.

           PRIVATE EQUITY CFO
           Oh, I didn't notice.
          Confused...

                          QUANT ANALYST
           Really? The 787 is having problems.
          As Hedge Fund PM opens a bottle of Krug, Clos du Mesnil 1995
          and pours it into the flutes.

                          JACOB
           (to Derivatives Trader)
           Why? Why are you so shocked?
          Offering Jacob a flute...

           HEDGE FUND PM
           Because they're in serious trouble.
          Declining the champagne...

           9.

                         

                         

                          JACOB
           We're not in serious trouble.
           It's a rumor.
          A woman takes the table next to them and this makes
          Derivatives Trader perk up and say.

                          DERIVATIVES TRADER
           I think Goodyear Tire is definitely a
           buy.
          Hedge Fund PM checks out the woman.

           HEDGE FUND PM
           Totally. And those tires are real.
          Even more confused...

                          QUANT ANALYST
           Goodyear? The chart is horrible.

           PRIVATE EQUITY CFO
           Somebody color the quant in here.
          Hedge Fund PM leans into Quant and explains...

           HEDGE FUND PM
           Boeing, ticker BA... Big Ass.
           Goodyear, ticker GT... Great Tits.

                          QUANT ANALYST
           (realizing...)
           Oh, it's like a code.
          And Private Equity CFO turns to Jacob with...

           QUANT ANALYST (CONT'D)
           You guys were down three points in an
           up market today.

                          JACOB
           Whatever, somebody was adding to their
           short.
          As a supermodel now joins the next table.

           HEDGE FUND PM DERIVATIVES TRADER
          Going long Starwood. Starwood's a buy!

                          QUANT ANALYST
           (figuring it out)
           Starwood, ticker HOT. Yeah but... I'm
           more a buyer of...
           (thinks for a minute)

           GDFS.

           PRIVATE EQUITY CFO
           What the fuck is that?

           10.

                         

                         

                          QUANT ANALYST
           It's an exchange traded fund that
           tracks the Guinian Franc.

           HEDGE FUND PM
           Okay, whatever -- what's it code for?
          And Quant looks over to the model then back proudly with...

                          QUANT ANALYST
           Gold Digger Freak Show.
          The guys just shake their heads...

          EXT. LOWER BROADWAY - NIGHT

          Jacob and Derivatives Trader enjoy the summer night. Out of
          all the guys, he's closest to Jacob. His name is Robby.

                          JACOB
           Can I ask you something, Robby?
          Robby nods.

                          JACOB (CONT'D)
           What's your number?

                          ROBBY
           Huh?

                          JACOB
           You know what I mean. The amount of
           money you would need to fuck it all
           and walk away... if you wanted to.

                          ROBBY
           Do you want to walk away?

                          JACOB
           Not now. But one day... I don't know.
           When I have a family. It's just so
           consuming... so many marriages get

                          FUCKED UP--

                          ROBBY
           Wall Street divorce lawyers do great
           in any market.

                          JACOB
           Exactly.

                          (BEAT)
           I've thought about it. What I would
           need... to raise a family, live a good
           life, be secure. It's not as much as
           we would think if you move out of New
           York.
          And it dawns on Robby...

           11.

                         

                         

                          ROBBY
           Aha... when did you buy the ring?
          Jacob smiles at his friend's perception.

                          JACOB
           Last week.

                          ROBBY
           So when are you going to ask her?

                          JACOB
           I'm going to DC this weekend.

                          ROBBY
           Good. I like her for you. She's one
           of the good ones...

                          (BEAT)
           Did you hear what her father said on
           Charlie Rose?
          Jacob shakes his head.

                          ROBBY (CONT'D)
           Something about Bear Stearns being the
           first rain drop of the impending
           mother of all storms.

                          JACOB
           Sour grapes.

                          ROBBY
           He's speaking at Columbia on Friday.
           If it's slow enough, a few of us might
           play hookie and check it out... he's
           the best show in town.
          And they continue to walk, until...

                          JACOB
           Tell me what you hear.
          Robby slowly nods...

                          ROBBY
           I don't think you want to hear it,
           bro. You worship Zabel and it's not
           good.

                          JACOB
           I don't worship him. He's done a lot
           for me and I've known him a long time.
           But he's been acting strange lately.

                          (BEAT)
           Just tell me what you hear.

                          ROBBY
           That Keller Zabel is holding toxic
           waste they can't find a market for.

           12.

                         

                         
          Jacob shakes his head...

                          JACOB
           It's not true. It's rumors. There
           are hedge funds with huge short
           positions...

                          ROBBY
           Jacob, you know better. You know it
           doesn't matter if they're rumors or
           not.
          And Robby stops walking.

                          ROBBY (CONT'D)
           Senior year I couldn't get my mind
           around how all those dot coms with no
           earnings were worth billions of
           dollars and you were the one who said
           something that made it all clear for
           me.

                          JACOB
           I don't remember.
          Turning to Jacob with...

                          ROBBY
           "An asset's value can only be priced
           at its perception."

                          JACOB
           I said that?
          Robby confirms... then...

                          ROBBY
           So buddy -- it don't matter if the
           rumors are true or not. Because in
           this climate... if they exist at
           all... then most likely...
          Looking his friend head on...

                          ROBBY (CONT'D)
           ... you're going to cease to.

          EXT. 533 THIRD AVENUE - MORNING

          Jacob leaves his Murray Hill building apartment and nods to
          his doorman, DIEGO.

                          DIEGO
           J to the Acob -- morning to you,
           brother.
          Jacob smiles...

                          JACOB
           Diego...

           13.

                         

                         
          And Jacob waits for the morning joke.

                          DIEGO
           Okay, what's the best aphrodisiac on
           Wall Street?

                          JACOB
           I don't know.

                          DIEGO
           Jet fuel.
          Diego cracks up. Jacob just shakes his head and moves on.
          And Jacob walks uptown... deep in thought. It's a gorgeous
          June Friday.
          Suddenly, Jacob just stops walking and stands there for a
          long moment... coming to a decision.
          And as Jacob turns around and starts heading the other way...

          INT. 36 GRAMERCY PARK EAST/LOBBY - MORNING

          Jacob smiles to the doorman.

                          JACOB
           I'm here to see Andrew Zabel.

                          DOORMAN
           Is he expecting you?

                          JACOB
           No.

          INT. LOBBY - MOMENTS LATER

          The elevator opens and Andrew Zabel appears with two adorable
          Bichon Frise puppies. Jacob stands.

                          ZABEL
           Jacob...

                          JACOB
           Andy. I'm sorry to come by like this
           but the rumors are now hitting a fever
           pitch and I wanted to make sure
           everything was okay.
          Zabel nods and heads for the door.

                          ZABEL
           Come on...

          EXT. GRAMERCY PARK - MORNING

          As they enter through the gates of the park and walk...

           14.

                         

                         

                          JACOB
           Is everything okay?
          And Andrew Zabel doesn't seem all there... introspective and
          blank.

                          ZABEL
           I remember when the starter gave me
           this bushy hair twelve year old kid
           and I said; "Donny, what the fuck --
           give me a real caddy." And he said;
           "This kid's the best."

                          JACOB

                          ANDY--

                          ZABEL
           And you were. You had the wind down,
           the grade of every green.

                          JACOB
           What's going on?

                          ZABEL
           But you wouldn't shut up about stocks.
           Twelve years old and you blabbed on
           and on about companies and sectors and
           earnings.

                          JACOB
           Andy, are we going under?

                          ZABEL
           What was that piece of shit you loved?
           That airline equipment supplier who
           was branching out into car airbags--

                          JACOB
           Flour Controls. Are you okay?
          Zabel laughs.

                          ZABEL
           Flour Controls... what a dog.

                          JACOB
           Why did you give me that bonus?
          Zabel stops walking and faces Jacob with...

                          ZABEL
           Because I know you, Jacob. And I know
           you've been holding off because you
           didn't think you had enough. We all
           do that... postpone life until we
           believe we have what it takes to
           actually live it.

           15.

                         

                         

                          JACOB
           There isn't a better money-runner on
           the street... we'll get through this.

                          ZABEL
           Marry her, Jacob. And have children
           with her and spend as much time as you
           can with them... and never forget that
           that's what's important.
          And Jacob L. Moore... looking his boss head on...

                          JACOB
           Andrew, if there's anyway I can help --
           give back the bonus -- whatever... all
           you have to do is say the word.
          And Zabel just looks away...

                          ZABEL
           There's just so much you don't know,
           Jacob.

          INT. KELLER, ZABEL INVESTMENTS/TRADING FLOOR - DAY

          The normally very loud and frenetic place is very quiet and
          sober today. They all watch Alexis Glick report...

           ALEXIS GLICK (ON THE TVS)
           Rumors of insolvency have hit the
           street concerning KZI's books and
           they're shooting first then asking
           questions later. The stock is now
           trading just a bit over thirty one
           dollars a share, down almost forty
           four percent on the session.
          And standing in the center of the floor, watching this...

                         JACOB
          Stunned... horrified... his universe becoming unglued.
          And he turns to Audry... helpless and in shock.

                          JACOB
           Who did this to us?
          She can only shrug... tears in her eyes.
          Jacob shifts his gaze over to the trading floor's electronic
          ticker on the wall... KZI $26.34... -$29.57.
          And he moves for the elevator banks... unable to take it
          anymore.

          EXT. MIDTOWN -DAY

          Furious, Jacob walks down 6th ave with his phone to his ear.

           16.

                         

                         

                          JACOB
           Andrew, call me back. I'm going to
           find out who did this to us. I swear
           to God... if it's the last thing I do.

                          (BEAT)
           We're going to bounce back from this.
           And we're going to find out who spread
           the rumor... and then we're going to
           destroy them.
          He disconnects the call and keeps walking.
          After a beat, with his anger brewing... Jacob SLAMS his phone
          down on the ground and it shatters.

          INT. JACOB'S APARTMENT - DAY

          Jacob lays on his couch vacantly pondering the ceiling.
          Fox Business plays on the new plasma tv on the wall...
          footage of THE GOVERNOR OF NEW YORK, a tough looking man in
          his 40s, speaking to the press outside of The State Capitol.

                          GOVERNOR (FOOTAGE)
           I don't know anything about the
           solvency of Keller Zabel. I do know
           that what's bringing down the stock at
           this precise moment are rumors. And
           this practice of short selling
           American financial institutions then
           floating rumors in order to profit
           from them must be stopped. The uptick
           rule must be reinstated.
          Jacob glares over to the tv.

           GOVERNOR (FOOTAGE) (CONT'D)
           And once again, I will point to
           largely unregulated world of hedge
           funds... an ever-growing and
           increasing powerful area of the market
           that I repeatedly tried to regulate as
           Chairman of the SEC...
          And there's a loud knock on the door. Jacob ignores it.

           GOVERNOR (FOOTAGE) (CONT'D)
           And the collapse of this legendary New
           York financial institution is why I
           continue to fight that battle as
           Governor of this great state.
          Another knock... this time louder. Jacob mutes the tv.

                          JACOB
           What?
          From the door...

           17.

                         

                         

                          ROBBY

                          (SHOUTING)
           Jacob... answer the door.
          Jacob gets up, moves slowly and answers the door.

                          ROBBY (CONT'D)
           You weren't answering your phone.

                          JACOB
           It broke.
          Robby sharply nods.

                          ROBBY
           Dude...
          He stops short... swallows...

                          JACOB
           What?

                          ROBBY
           I just found this out and it hasn't
           hit the press yet.
          Once again... he stops short and looks away in frustration.

                          JACOB
           What? Robby, what are you trying to
           say?

                          ROBBY
           Andrew Zabel threw himself in front of
           the subway this morning.
          Jacob just stands in that doorway. No reaction at all.
          Absolutely frozen.

          INT. JACOB'S APARTMENT - MOMENTS LATER

          Jacob now stands in the center of his apartment. Completely
          in shock. As he looks to the plasma... Fox Business on mute.
          Brian Sullivan reporting under the graphic KZI $19.34... -

          $37.28.
          He glares at it for a long moment, then... almost calmly
          picks up a chair and throws it into the tv... which shatters.
          And Jacob... not sure what to do. Until... he turns and
          sees... on the dresser... a gorgeous engagement ring sitting
          in an open box... a fuck you ring.

          EXT. COLUMBIA UNIVERSITY/CAMPUS - DAY

          As Jacob bounds the steps of the Business School and heads
          into the old stone building.

           18.

                         

                         

          INT. COLUMBIA SCHOOL OF BUSINESS/URIS LECTURE HALL - DAY

          The lecture hall is packed with wall to wall students. Jacob
          stands at the back.
          A PROFESSOR is at the podium.

                          PROFESSOR
           Our speaker today has quite a
           checkered background in the world of
           finance.
          Some laughter from the room.

                          PROFESSOR (CONT'D)
           He graduated from City College in 1966
           and became a securities broker at
           Hudson River Bank then moved on to
           Smith Barney. In 1973 he went out on
           his own to establish a spectacular
           career as a independent trader then an
           active participant in the LBO craze of
           the 1980s.

                          (BEAT)
           In 1988, he was indicted for insider
           trading and then charged with other
           various forms of securities fraud and
           IRS violations. In one of the most
           harshest sentences ever given to a
           white collar criminal... he served
           fourteen years in a maximum security
           prison and he wants me to stress that
           it was not a country club.
          Again laughter from the floor.

                          PROFESSOR (CONT'D)
           Since his release in 2002, he has
           written and has spoken publicly about
           what he refers to as the current state
           of the world economy. He is not
           allowed to trade on the US exchanges.
           His new book "Moral Hazard! Why Wall
           Street Has Finally Gone Too Far."
           comes out in October.

                          (BEAT)
           Please welcome... Gordon Gekko!
          The room applauds... and out to the podium slowly walks...

                         GORDON GEKKO
          No swagger in his step... not in a suit... hair not slicked
          back... but still looks fucking good.
          As he waits for the applause to wind down... and even a
          little longer... surveying every corner of the large room...
          commanding its full attention... getting it... holding the
          silence... until finally... he leans into the mic and says...

           19.

                         

                         

                          GORDON GEKKO
           You're all pretty much fucked.
          The room breaks into laughter... Gordon smiles and waits for
          it to die down.

           GORDON GEKKO (CONT'D)
           What's not funny is what's happening
           out there. I don't think people get
           it. And I know the financial center
           of the world doesn't get it... which
           happens to be Washington DC now.
          As he takes to a pace...

           GORDON GEKKO (CONT'D)
           To understand where we are, we need to
           understand how we got here. No good
           deed goes unpunished, all fires start
           with a well meaning spark and we
           wanted Americans to be able to afford
           homes. Sounds nice enough... lets try
           to get the middle and lower classes
           into homes they can own. So we made
           money cheap and lowered restrictions
           on mortgage lending.
          As he takes a moment and looks over the room...

           GORDON GEKKO (CONT'D)
           Somebody reminded me the other night
           that I once said "greed is good." I
           swear I don't remember it but it
           sounds like something I would say in
           the Eighties.

                          (BEAT)
           And I was right then. Greed was good.
           America needed greed and risk-taking
           and leverage to get to become the
           superpower we are... or were. And
           capitalism needed greed and risk and
           leverage to become the economic
           platform it has become... but those
           same attributes that got us there are
           now the liabilities that threaten to
           destroy us.
          Jacob's blackberry vibrates and he checks it. He has a text.
          "KZI!!! -- wtf?"

           GORDON GEKKO (CONT'D)
           So greed has been redefined. Who
           knows -- maybe it was always like this
           and like everything else in this
           world, it's good and it is evil.
          Taking a moment to survey the room...

           20.

                         

                         

           GORDON GEKKO (CONT'D)
           Because people -- it's greed that
           caused someone who aspires to own a
           seven-hundred thousand dollar house
           they can't afford, to take on a loan
           they'll never be able to pay back...
           and it's greed that caused their
           mortgage lender to give them that loan
           then sell it right away... and it's
           greed that caused the buyer of that
           loan to slice it into a million little
           pieces then spit them all over the
           world... and it's greed that caused
           the rating agency to give that toxic
           loan a triple-A rating just because it
           was mixed in with some good loans...
           and it's greed that caused the
           insurance company to insure that loan.
          Jacob quickly glances down again at his blackberry and checks
          the quote, KZI $14.53.

           GORDON GEKKO (CONT'D)
           They were insuring the end of the
           world; "When the world explodes...
           just find us in the rubble and we'll
           be sure to pay your claim."
          Drawing in a deep breath...

           GORDON GEKKO (CONT'D)
           CMO's, CLO's, CBO's, CDO's, CDS's,
           SPE's, ABCP's,SIV's, REMIC's, CMBS's,
           toxic traunches, ninja loans, credit
           default swaps, affinity marketing,
           stapled financing, synthetic
           securitization.

                          (BEAT)
           Maybe I was in prison too long but I
           have no idea what half that shit
           means.
          The room laughs in agreement.

           GORDON GEKKO (CONT'D)
           And I'm considered a pretty smart guy
           when it comes to finance!
          And Jacob's blackberry vibrates again. This time he removes
          it from his pocket, doesn't check it and simply turns it off.

           GORDON GEKKO (CONT'D)
           And if I know our central bank --
           which I do -- I predict it's going to
           throw gasoline on this fire with more
           cheap money and federal bailouts and

                          HEAD-IN-THE-SAND MANIPULATED
           statistics on productivity and
           inflation.
          And Gordon stops pacing... takes a moment for effect.

           21.

                         

                         
          Then sums it all up with...

           GORDON GEKKO (CONT'D)
           So no good deed goes unpunished and
           all fires start with a well-meaning
           spark and when you take free money and
           no lending standards then add it with
           unaccountable risk and ungodly
           leverage and unbridled greed... what
           you end up with is cancer.
          And Gordon takes in a deep breath...

           GORDON GEKKO (CONT'D)
           Systemic, malignant and global.
          Now the room is completely silent.

           GORDON GEKKO (CONT'D)
           Do they still have the V&T restaurant
           on Amsterdam? Is that still there?
          A stunned girl in the front row shakes her head.

           GORDON GEKKO (CONT'D)
           (with a smile)
           God, I loved their pizza.

          INT. URIS HALLWAY - DAY

          Jacob looks on as Gordon is surrounded by professors and
          students alike...

                          GORDON GEKKO
           (announcing to the throng)
           I'll give you six minutes then I
           really have to go.

          EXT. URIS HALL - EXACTLY 6 MINUTES LATER

          Gordon quickly walks out with his PUBLISHER, a woman in her
          40s and heads into the quad. Jacob immediately matches their
          stride.

                          JACOB
           Mr. Gekko, can I speak to you for a
           moment?
          As he keeps walking...

                          GORDON GEKKO
           You're too late, Sport... Q&A's over.

                          JACOB
           My name is Jacob Moore and I'm dating
           your daughter.

                          (AND THEN)
           I'm going to ask her to marry me.
          And this makes Gordon stop and finally face Jacob with...

           22.

                         

                         

                          GORDON GEKKO
           I'll give you nine minutes.

          EXT. 112TH STREET - MOMENTS LATER

          As Gordon and Jacob leave the campus and take to the street.

                          GORDON GEKKO
           Keller, Zabel? Then you have my
           apologies.

                          JACOB
           Yeah...

                          GORDON GEKKO
           Stock's in a free fall. My guess is
           that it just lost its Bar Mitzvah...
          Jacob quickly takes out his blackberry, turns it on and
          checks to see Gordon's right... KZI... $12.54.

           GORDON GEKKO (CONT'D)
           By the end of the day it might not
           even be potty trained.
          And Jacob looks at him.

           GORDON GEKKO (CONT'D)
           I might not be allowed to trade, Jake,
           but I still love to watch from home.

                          JACOB
           Andrew Zabel took me under his wing
           when I was in high school. He
           basically got me my scholarship to
           Yale then hired me right out of
           business school.

                          GORDON GEKKO
           Andrew's smart, he beats the
           benchmarks consistently. He'll land
           on his feet.

                          JACOB
           He's dead.
          And Gordon stops walking and regards Jacob. Who confirms...

                          JACOB (CONT'D)
           He killed himself this morning.
          As that registers...

                          GORDON GEKKO
           I'm sorry to hear that.

                          JACOB
           He was a father to me.

           23.

                         

                         
          And Jacob coldly shakes it off then sucks in a deep breath
          and looks into Gordon's eyes... genuine and lofty...

                          JACOB (CONT'D)
           I love your daughter very much and I
           would be honored if...
          And realizing what this is... Gordon starts to laugh... which
          throws Jacob off.

                          JACOB (CONT'D)
           ... you would bless-- I really don't
           understand what you find so funny.

                          GORDON GEKKO
           My daughter hasn't spoken to me for
           eleven years and you know it. She
           blames me for her brother's overdose
           and every other disaster that's fallen
           upon the world since the mid-nineties.

                          (BEAT)
           And by the way, isn't it strange that
           Winnie would date a guy from the
           street?

                          JACOB
           What?

                          GORDON GEKKO
           She hates me. And she hates Wall
           Street and everything it represents...
           so don't you find it curious that she
           would fall in love with you?
          And that slams into Jacob... who's frozen for a beat.
          Jacob finally snaps out of it then joins Gordon.

           GORDON GEKKO (CONT'D)
           So you want my blessing?

                          JACOB
           Yes.

                          GORDON GEKKO
           I guess I should know a little about
           you first. Where did you grow up?

                          JACOB
           Matinecock.

                          GORDON GEKKO
           I'm impressed.

                          JACOB
           It wasn't like that. I mean we didn't
           have much money. My mother was a
           tailor.

           24.

                         

                         

                          GORDON GEKKO
           And your father... what did he do?

                          JACOB
           Disappear.
          And Gordon regards Jacob for a long moment, taking him in,
          until...

                          GORDON GEKKO
           Clever.
          Jacob looks down the street.

           GORDON GEKKO (CONT'D)
           What are you looking for?

                          JACOB
           Your town car.
          With a laugh...

                          GORDON GEKKO
           Well, pal...
          As Gordon pats Jacob on the back...

           GORDON GEKKO (CONT'D)
           ... then you're going to be looking
           for quite awhile.
          ... and heads for the subway.

          INT. 110TH STREET SUBWAY STATION - DAY

          Gordon takes out his wallet and produces his metrocard.
          Jacob notices a picture of Winnie in the wallet.

                          JACOB

                          (RE PICTURE)
           Can I see that?
          Gordon shrugs and shows the picture to Jacob.
          It's of a young Winnie and younger Gordon on the back of a
          gorgeous white horse.

                          GORDON GEKKO
           She was eight in that one. It was
           taken in Egypt.

                          JACOB
           Can I... have it?

                          (EXPLAINING)
           She doesn't keep pictures from her
           childhood.
          Gordon slowly nods.

           25.

                         

                         

                          GORDON GEKKO
           What do I get in return?

                          JACOB
           You... wanna make a trade?
          And Gordon thinks about, then...

                          GORDON GEKKO
           Yes. I'll give you this picture and
           in return... I'd like a picture of
           Winnie... taken recently... without
           you in it.

                          JACOB
           I don't have one on me.
          Gordon sighs, takes the picture out of his wallet and hands
          it to Jacob.

                          GORDON GEKKO
           Then I'll give you this one on margin.

                         PLATFORM
          As they wait for the train...
          Jacob produces the ring box and opens it to show Gordon the
          ring.

                          JACOB
           I really did come to ask for your
           blessing.

                          GORDON GEKKO
           No, you didn't. Nice ring...
          As the train arrives...

           GORDON GEKKO (CONT'D)
           It's so typical.
           (inside of an ironic laugh)
           Levered to the hilt... and with the
           ship going down...
          As he gets on...

           GORDON GEKKO (CONT'D)
           ... they still gave you a bonus.

          INT. THE DOWNTOWN 3 TRAIN - DAY

          Gordon stares at a one sheet advertisement on the wall.
          And he doesn't look at Jacob when he says...

                          GORDON GEKKO
           Don't play me, Jake. You don't think
           I can see it in your eyes? You don't
           think I know that look?

                          (BEAT)

                          (MORE)

           26.

                         

           GORDON GEKKO (CONT'D)
           I know it by sight, Kid... because I
           lived it for years. Christ, I can
           even smell it on you.

                          JACOB
           Smell what on me?

                          GORDON GEKKO
           Revenge.
          Jacob just looks away.

           GORDON GEKKO (CONT'D)
           Some hedgehog said bad things about
           your company. It caused the stock to
           plummet and made those bad things
           become true.
          And Jacob now sees the poster that has Gordon's attention.
          It features a pile of money being blown out the window under
          the caption that reads... "If this looks familiar to you...
          it's because you're renting!"

           GORDON GEKKO (CONT'D)
           The man you loved like a father threw
           himself in front of the uptown five
           this morning and you want to bring
           that hedgehog to their knees.

                          JACOB
           You knew he was dead?
          "Guardian Mortgage... Low down payments... Adjustable rates."

                          GORDON GEKKO
           Like I said -- I still love to watch
           from home.
          And now Gordon turns to face Jacob with...

           GORDON GEKKO (CONT'D)
           So don't insult me by pretending to
           ask for Winnifred's hand when what you
           really want to know is who to bring
           down to their knees and how to do it.
          And Jacob swallows that back... doesn't argue it.

                          JACOB
           I know who.

                          GORDON GEKKO
           Really?

                          JACOB
           It was either Nassim Tariq from the
           Frontier Fund, Bretton Woods from
           Locust or Karen Molina from ESL.

           27.

                         

                         

                          GORDON GEKKO
           Does Winnie even know you came to see
           me?

                          JACOB
           Well, not exactly.

                          (THEN)
           But I'm going to tell her.

                          GORDON GEKKO
           Not such a grand idea, Pal.
          Off Jacob's confusion...

           GORDON GEKKO (CONT'D)
           See, I have a feeling you're going to
           want to see me again. And if you tell
           her we had this little pow-wow...
           she's not going to let that happen.
          As Jacob considers that... the train slows to a stop.

           GORDON GEKKO (CONT'D)
           Look, you seem like a smart kid.

                          (BEAT)
           Walk away, dust off your resume and
           get another job...
          As he steals one last glance at that Guardian Mortgage ad...

           GORDON GEKKO (CONT'D)
           ... but do it quick.
          And with that, Gordon moves for the doors.
          But Jacob steps in front of him.

                          JACOB
           I'm going to bring them down. Whoever
           floated the rumor for a quick buck.

                          GORDON GEKKO
           It's not worth it. It's a waste of
           energy and time. See, Jacob, nobody
           gets it... they never did.
          As the subway doors open...

           GORDON GEKKO (CONT'D)
           If there's one thing I learned in
           prison it's that money is not the
           prime commodity in our lives... time
           is.

                          (BEAT)
           And your nine minutes are up.
          And Gordon Gekko gets off the subway... leaving Jacob on the
          train. But right before the doors close, Gordon stops and
          turns with...

           28.

                         

                         

           GORDON GEKKO (CONT'D)
           There are worse ways to go than
           jumping in front of a train. For
           instance, could you imagine taking
           something for your diabetes...
          As the doors close...

           GORDON GEKKO (CONT'D)
           .. and end up having it cause you to
           die of acute pancreatitis?
          And as the subway pulls out of the station, Jacob Moore just
          stands there... holding the pole and wondering what the hell
          that was supposed to mean.

          EXT. ANDREW ZABEL'S MATINECOCK, LONG ISLAND HOME - DAY

          A Victorian Estate on a bluff. Zabel's funeral in progress.
          Hundreds of people made it out from the city. All types.

                          PRIEST
           Andrew didn't have children, so he
           made all you -- all of us -- his
           children.

                          (BEAT)
           And to list Andrew Zabel's many
           accomplishments would take me far too
           long to enumerate, but if you just
           look around you, you'll see those
           accomplishments in the faces of the
           many people gathered here today.
          And we pan the procession of mourners... past...

                          PRIEST (CONT'D)
           The alumni of the Morris High School
           class of 1997... who -- through the
           adopt a grade program -- Andrew
           pledged to pay the college educations
           of every member who graduated and got
           accepted into a University.
          ... past...

                          PRIEST (CONT'D)
           The members of the Saint Helena
           Symphony, who Andrew provided
           emergency funding for when they were
           facing extinction.

                          (BEAT)
           And the many, many, other recipients
           of Andrew Zabel's generosity.
          ... and past...

                          PRIEST (CONT'D)
           Those who were left behind... those
           who were overlooked... those who
           otherwise would never have stood a
           chance.

           29.

                         

                         
          And we land on Jacob L. Moore...

           PRIEST (CONT'D)(O.S)
           Above being just a great financial
           mind... or a great husband...
          He wears a dark suit... and a blank expression...

           PRIEST (CONT'D) (O.S.)
           ... or a great father... or a great
           neighbor... or a great friend...
          ... with nothing but cold retribution in his eyes.

           PRIEST (CONT'D) (O.S.)
           ... Andrew Zabel was a great man.

          INT. POOL HOUSE - DAY

          Most of the guests across the pool eat and quietly mill about.
          We're with Jacob, Willy, Audry and another trader named

          DANIEL.

                          AUDRY
           Two dollars a share?

                          WILLY
           The Fed didn't give us a choice.
          Jacob walks around the room... taking in the pictures of
          Andrew Zabel's life...

                          AUDRY
           Does that include the building?

                          DANIEL
           What about the Zabel's institutional
           managed fund? How much is in that?

                          WILLY
           Eight billion.

                          AUDRY
           And that's all intact.

                          DANIEL
           Jesus, United Bancorp made out like a
           bandit.

                          WILLY
           We could've handled it at $60 a share
           or even $50.
          He just shakes his head...

                          WILLY (CONT'D)
           It was that fucking rumor. It was so
           well timed. And the market doesn't
           care... shoot first, ask later.

           30.

                         

                         

                          DANIEL
           Lemmings.

                          AUDRY

                          (OMINOUSLY)
           United has a huge trading desk.

                          DANIEL
           Yeah, we're all out of a job.
          Jacob pulls away from the wall of pictures...

                          JACOB
           My mother was a tailor.
          They all look at him.

                          JACOB (CONT'D)
           Out of our house less than five miles
           from here.

                          AUDRY
           You're from Matinecock? I thought you
           didn't grow up with mon--
          Jacob confirms...

                          JACOB
           We weren't rich. Everyone else was.

                          (BEAT)
           She altered their clothes and I
           carried their golf clubs.
          And Jacob looks at a picture of Andrew Zabel one more time...

                          JACOB (CONT'D)
           He gave me a seat at the table.
          ... and goes.

          EXT. ANDREW ZABEL'S HOME - DAY

          Jacob heads for the main house. He sees BARBARA ZABEL,
          Andrew's wife, sitting next to the some friends.
          Jacob slowly walks over and when she sees him... she
          stands... wobbly and full of tears.

                          BARBARA
           Jacob...
          Jacob takes her into his embrace...

                          BARBARA (CONT'D)
           (through her sobs)
           You were a son to him...
          Squeezing her tight... fighting back a rush of emotion.

           31.

                         

                         

                          JACOB
           I was a fucked up kid, I was angry, my
           mother couldn't control me. He was
           the only one who cared. I wouldn't be
           anywhere right now if it wasn't for...
          And Jacob Moore stops short... finally breaking down...
          allowing his own tears to stream down his face.
          He pulls away...

                          JACOB (CONT'D)
           If you need anything.
          She nods.
          And Jacob moves away from the people and moves across the
          lawn. But he stops when he sees a woman standing across the
          way... we've seen pictures of her.
          She's in her late-twenties with a natural beauty that might
          take two glances to notice. But after that second glance...
          it's unforgettable. She's WINNIE GEKKO.
          As she rushes to him...

                          WINNIE
           Jacob, I'm so sorry.

                          (BEAT)
           Why didn't you tell me?

                          JACOB
           Lehigh had the committee hearings and
           I knew he would need you and I didn't

                          WANT TO--

                          WINNIE
           That's not how this works.
          And she looks into his eyes.

                          WINNIE (CONT'D)
           Jacob, that's not how this works.
          He nods. Regards her for a beat, then...

                          JACOB
           Will you marry me?

                          WINNIE
           What?

                          JACOB
           I got a ring. Not on me, but--

                          WINNIE
           Are you proposing to me at a funeral?

                          JACOB
           Yeah.

           32.

                         

                         
          And then...

                          JACOB (CONT'D)
           I had a whole thing I was going to do
           in DC but seeing you... the words just
           kind of fell out of my mouth... I
           don't know.

                          WINNIE
           He would've loved you doing this here.
          Jacob agrees. And she softly kisses him and squeezes him
          tight... tears in her eyes.

                          WINNIE (CONT'D)
           Yes... I'll marry you, Jacob.
          Hugging her back.

                          JACOB
           By the way, I don't have a job
           anymore.

                          WINNIE
           Awesome.

          AND THAT FUCK YOU RING
          Glittering in all its glory. Pull back to be in...

                         JACOB'S APARTMENT
          Winnie looks up from the ring.

                          WINNIE (CONT'D)
           It's beautiful.

                          JACOB
           Yeah...

                          WINNIE
           It's too expensive. We'll return it.

                          JACOB
           No.

                          WINNIE
           Jacob I don't care about what ring you
           give me. You know that.

                          JACOB
           We're not taking it back. I worked
           hard for that ring and I want you to
           wear it.
          She regards him... he's serious.

                          WINNIE
           Okay.

           33.

                         

                         
          He moves to her... takes the ring and places it on her
          finger.
          Then Jacob pulls her into his kiss... it's almost violent.
          She's taken off guard.
          And as they fall into each other then back onto the bed...

          INT. KELLER, ZABEL INVESTMENTS/TRADING FLOOR - DAY

          The whole floor is dead. The tvs are off.
          Jacob cleans out his desk, Audry cleans hers out as well
          across the way.
          Jacob wipes his forehead and glances up at the large letters
          on the wall "Keller, Zabel Investments."
          And he shakes his head in anger and frustration...

                          JACOB
           Hey Audry.
          She looks up.

                          JACOB (CONT'D)
           You cover pharm and biotech.

                          AUDRY
           I did.

                          JACOB
           Who are the big players in diabetes
           treatments?

                          AUDRY
           Lilly, Abbot, OSI, Inverness.

                          JACOB
           Is anyone riding on something in phase
           three?

                          AUDRY
           Few midcaps maybe. You want me to
           check?
          He nods. She turns on her computer and takes a seat.

                          AUDRY (CONT'D)
           Oh, this takes me back to when I had a
           job...
          He stands over her shoulder.

                          AUDRY (CONT'D)
           Yeah, Amlyn pharmaceuticals has Byetta
           going in front of the FDA next month.
           I remember this...

                          (MORE)

           34.

                         

                          AUDRY (CONT'D)
           they pulled it during phase two
           because some of the test subjects died
           but they've obviously solved those
           problems now.

                          JACOB
           How did they die?

                          AUDRY
           I don't remember.

                          JACOB
           Pancreatitis?

                          AUDRY
           Yeah. That was it.
          Jacob shakes his head...

                          JACOB
           How did he know?

                          AUDRY
           Who?
          Without answering her...

                          JACOB
           Can you look up large institutional
           ownership?

                          AUDRY
           Mutual or hedge?

                          JACOB
           Hedge.

                          AUDRY
           Locust Fund owns a shitload.
          And she looks over to Jacob with...

                          AUDRY (CONT'D)
           Bretton Woods.
          As he takes in that information...

                          JACOB
           Want your severance, Audry?
          And he kisses her on the forehead...

                          JACOB (CONT'D)
           Short Amlyn pharmaceuticals.
          ... and goes.

           35.

                         

                         

          INT. CHRISTIE'S SHOWING - NIGHT

          As Jacob peruses the paintings that are going up for auction
          with Hedge Fund PM.

           HEDGE FUND PM
           What the fuck is pancreatitis anyway?

          INT. EVOLUTION STUDIO'S - DAY

          A private gym on Greene street. As Jacob spars with a
          BLOGGER from streetaccount.com...

                          JACOB
           I don't know exactly but it's not
           something you wanna come down with.

          INT. TRICEBA LOFT - NIGHT

          5000 square feet of space, exposed brick and Minotti
          furniture. A private wine tasting is being held.
          About fifteen people look on as the SOMMELIER describes the
          details of the bottle he's uncorking.
          Near the back, find Jacob standing with a MORGAN STANLEY

          PRIVATE CLIENT GROUP PORTFOLIO MANAGER.

           MORGAN PORTFOLIO MANAGER
           (whispers to Jacob)
           When's the FDA coming down with their
           decision?

                         CHRISTIE'S
          As they stand in front of a huge Sigmar Polke...

                          JACOB
           Any day now.

                         EVOLUTION STUDIOS
          While showering Jacob with quick jabs...

                          BLOGGER
           Where's your information from?

                         LOFT
          Holding the wine he's supposed to be sampling but not
          drinking it...

                          JACOB
           A doctor that's very close to the
           trials... and that's all I can say.

                         CHRISTIES
          As they move on from the Polke...

           36.

                         

                         

                          JACOB (CONT'D)
           But listen, I'm out of work now so I
           can't afford to get behind size on
           this trade... I'm only telling you
           because you've helped me in the past.

                         EVOLUTION STUDIOS
          As he removes his head gear and wipes away the sweat.

                          JACOB (CONT'D)
           This is completely off the record. So
           please...

                         LOFT
          As they receive the next glass of wine...

                          JACOB (CONT'D)
           ... don't tell anyone.

          EXT. UNION STATION WASHINGTON DC - NIGHT

          Jacob gets off the train and sees her across the platform...
          Winnie.
          And as he brings her into his embrace...

          INT. WASHINGTON DC/15 RIA RESTAURANT - NIGHT

          Jacob and Winnie have dinner with her boss, SENATOR KATHERINE
          LEHIGH, 50's.

                          JACOB
           Your boy's coming up in the polls.
          Senator Lehigh nods.

                          SENATOR LEHIGH
           They're blaming this mess on the
           current administration... it's helping
           us. And some people say that the
           worst isn't over.

                          JACOB
           Her father. What's the word he
           uses... systemic.
          Winnie looks over to Jacob.

                          WINNIE
           When did he say that?
          And Jacob takes for an extra long moment... holding her
          look... then comes to a decision and lies...

                          JACOB
           On Charlie Rose.

           37.

                         

                         
          But Winnie continues to glare at him... until...

                          SENATOR LEHIGH
           (with a smile)
           Okay -- so when's the big date?

          EXT. MANHATTAN - MONDAY MORNING

          As New York opens for business...

          INT. STREETACCOUNT.COM OFFICES - MORNING

          The prevalent pay site for all hedgefunders, trading desk
          cowboys and large individual players. Looks like a scrappy
          internet start-up with mismatching cheap office furniture.
          As our blogger from the gym sips his coffee, fires up his
          computer and starts to type...

          INT. WINNIE'S APARTMENT/WASHINGTON DC - MORNING

          A small well appointed two-bedroom in Cleveland Heights.
          Jacob wakes and leans up. He regards Winnie sleeping next to
          him. He softly kisses her neck. She smiles in her sleep
          then rolls over.
          As their bodies intertwine...

          INT. THE CAPITAL FUND/NEW YORK OFFICES - MORNING

          A huge industrial space in the highline district that houses
          this eight billion dollar hedge fund.
          Find a meeting in progress with all of the fund PORTFOLIO
          MANAGERS. This is known as the weekly idea storm session...
          where each PM pitches new trade ideas.
          As Hedge Fund PM stands up to present to the team with a
          confident smile...

          INT. WINNIE'S APARTMENT/WASHINGTON DC - MORNING

          Dressed for work, Winnie heads into the bedroom and regards
          Jacob still laying in bed.
          She kisses him on the forehead, lays a section of The
          Washington Post on his chest with a little laugh then goes.
          As Jacob looks down to see... it's the classified jobs
          section.

          INT. MORGAN STANLEY/PRIVATE CLIENT GROUP OFFICES - MORNING

          Midtown, corporate, high-floor.
          Find the private client portfolio manager we remember from
          the wine tasting.

           38.

                         
          He sits at his computer in a big corner office with a
          beautiful western view to the river behind him and types in
          an IM window "AMLN short -- FDA to deny Byetta" then hits
          send.
          As he receives the digital receipt... "1209 instant messages
          sent."

          INT. WINNIE'S APARTMENT/WASHINGTON DC - MORNING

          As Jacob munches toast and watches Fox Business in his
          underwear...

           JENNA LEE (ON TV)
           ... another stock that's getting
           beaten before the bell is Amlyn
           Pharmaceuticals. The stock's down
           nine percent in premarket trading on
           no news.
          Jacob smiles.

           JENNA LEE (ON TV) (CONT'D)
           When we come back we have Blue star
           Airlines' CEO Bud Fox discussing how
           he turned his once small regional
           airline into the country's third
           largest carrier.

          INT. AMLYN PHARMACEUTICALS/PRESS ROOM - DAY

          A select group of Financial JOURNALISTS sit in small metal
          chairs in front of a podium with the Amlyn name and logo
          behind it.
          As the INVESTOR RELATIONS OFFICER heads up the podium and
          opens his prepared statement...

          INT. WINNIE'S APARTMENT - NIGHT

          Jacob watches "Happy Hour" on Fox Business as Winnie opens a
          bottle of wine in the kitchen. She pours a glass of wine and
          another of water.

                          WINNIE
           If he wins... she has a real chance
           for a cabinet position and I'm pretty
           sure she'll take me with her if she
           can.

                          JACOB
           He's going to win.
          As she hands him the glass of water...

                          WINNIE
           Don't jinx it.
          And Jacob sees Amlyn Pharmaceuticals graphic on the screen
          and turns up the tv.

           39.

                         

                         

           ERIC BOLLING (ON THE TV)
           Big drop in Amlyn as negative rumors
           on the street forced the company to
           admit there are still internal
           concerns about Byetta and
           pancreatitis. They now may be forced
           to pull the phase three drug from FDA
           review and retool.

                          (BEAT)
           The stock takes a twenty-eight percent
           haircut.

                          WINNIE
           Can we watch something else?
          Jacob brings her in and kisses her...

                          JACOB
           Whatever you want.
          Her phone rings. As she goes to answer it...

                          WINNIE

                          (KIDDING)
           Project Runway.

                          JACOB
           Not Project Runway.
          Picking up the phone...

                          WINNIE
           Hello... who is this? Hold on.
          As she pulls the phone away from her ear and looks over to
          Jacob...

                          WINNIE (CONT'D)
           It's for you... someone named Bretton
           Woods?

          EXT. 15 CENTRAL PARK WEST - NIGHT

          Jacob rounds West 62nd street and stares down the hottest new
          address in Manhattan. A little nervous, he sucks in a deep
          breath then heads into the building.

          INT. 15 CENTRAL PARK WEST/ PENTHOUSE - NIGHT

          A BUTLER lets Jacob in. Jacob takes in the massive space
          with an insane view of Central Park. He can hear a beautiful
          sonata playing in the next room.

                          JACOB
           I'm here to see Bretton Woods.
          The butler nods then leads Jacob through the full floor unit
          and into the...

                         PARLOR

           40.

                         

                         
          A huge chandelier hangs over the all marble room. A
          fireplace on one wall and a twelve foot wall of glass
          featuring that park view on the other.
          And Jacob realizes that sonata is live. He's walked into a
          recital of some sort.
          About twenty people sit watching a YOUNG GIRL play on a very
          unique looking silver grand piano.
          The girl can't be a day over thirteen. She's playing
          Mozart's "Ronda Alla Turca"... her fingers gliding across the
          keyboard in precision, her eyes closed in inspiration. It's
          as spectacular as it is moving.
          Jacob takes it in for a moment then looks over the room. All
          ethnicities and types...
          The AFRICAN LEADER in full tribal gear, the DISHEVELED ARTIST
          with his GAY NOVELIST LOVER, the NEW YORK KNICK with his
          MODEL WIFE, the MOVIE STAR with her TEENAGE SON.
          And BRETTON WOODS...
          Mid 40s, slicing jawline, deep set eyes, in great shape,
          refined, composed and masculine.
          He's the owner of this penthouse and he's looking right at
          Jacob. Jacob looks away.
          And the young girl finishes the last movement of the sonata
          to applause.
          The guests all stand, some go talk with the girl. Bretton
          heads over to Jacob.

                          BRETTON WOODS
           As you can see, I'm having a little
           dinner party here but I thought it was
           important we speak right away.
          He speaks with a British accent.. Jacob nods.
          Bretton looks over the room for a moment, scans his guests
          then back at Jacob...

           BRETTON WOODS (CONT'D)
           Please... if you don't mind waiting in
           my office, I'll be in a minute.
          And the butler is already at Jacob's side, motioning him to
          follow him.

          INT. BRETTON WOODS'S OFFICE - NIGHT

          Jacob waits for Bretton. He looks over the place. The view
          of the park. The classic furniture.

          AND THE HUGE PAINTING ON THE WALL

           41.

                         

                         
          Of a giant man-like monster eating a much smaller naked
          human. The smaller man's head's been bitten off and blood
          drips down the body.
          Jacob holds on the painting.

           BRETTON WOODS (O.S.)
           Saturno devorando a sus hijos.
          As Jacob turns to see Bretton standing in the doorway.

           BRETTON WOODS (CONT'D)
           Saturn devouring his son. Francisco
           Goya.
          Bretton heads in and closes the door behind him.

                          JACOB
           Do you collect?

                          BRETTON WOODS
           No.
          Sitting behind his desk...

           BRETTON WOODS (CONT'D)
           Only the obsessive compulsive or the
           insecure egotistical feel the need to
           collect things.
          Jacob nods. Bretton just looks at him... making him nervous.

                          JACOB
           Your daughter's an amazing piano
           player. That was quite a show.

                          BRETTON WOODS
           That wasn't my daughter. That was
           Isabel Patrovsky, she's the world's
           greatest living piano prodigy.

                          (BEAT)
           And that wasn't a show... that was a
           very expensive private recital.
          There's a long beat of silence with Jacob just looking at
          Bretton... taking him in.
          And it's unmistakable -- the one thing that this man exudes
          above all else... is composure.

           BRETTON WOODS (CONT'D)
           You cost my fund three hundred and
           forty million dollars today.
          Off of Jacob's slight smile...

           BRETTON WOODS (CONT'D)
           Yeah, kills my year, pushes my
           watermark higher and might cause
           redemptions.

                          (MORE)

           42.

                         

           BRETTON WOODS (CONT'D)

                          (BEAT)
           I hope you're happy. My fund's in
           trouble now.
          Jacob just shrugs.

           BRETTON WOODS (CONT'D)
           You don't want to deny it?

                          JACOB
           No.

                          BRETTON WOODS
           Who told you?

                          JACOB
           A doctor I know.
          Bretton nods... regards him.

                          BRETTON WOODS
           I checked with all the desks in
           town... you didn't make money off it.

                          JACOB
           That's right.

                          BRETTON WOODS
           Then why did you do it?

                          JACOB
           You destroyed my firm.

                          BRETTON WOODS
           Your firm destroyed itself.

                          JACOB
           You killed Andrew Zabel.

                          BRETTON WOODS
           Andrew Zabel killed himself.
          And Bretton sighs...

           BRETTON WOODS (CONT'D)
           The rumors were true.

                          JACOB
           You made them true.

                          BRETTON WOODS
           No, Jacob, being levered thirty-eight
           to one in toxic debt made them true.

                          (BEAT)
           Institutional money-running was
           Zabel's talent... he didn't have a
           down year in the last twenty.
          Jacob just glares at him.

           43.

                         

                         

           BRETTON WOODS (CONT'D)
           His fatal flaw was allowing the
           children on his mortgage security desk
           to talk him into the deadly game of
           hot potato everybody's been so fond of
           playing recently.
          And Jacob holds Bretton's look for a moment, then... heads
          for the door without saying a thing...

           BRETTON WOODS (CONT'D)
           Come work for me.
          Jacob stops and turns...

                          JACOB
           What?

                          BRETTON WOODS
           I run three billion dollars. Come
           help me run it.
          And Jacob takes a beat... processing this...

                          JACOB
           Why me?

                          BRETTON WOODS
           Because your loyalty desired revenge,
           your balls actually attempted it and
           your skills pulled it off.
          As he stands...

           BRETTON WOODS (CONT'D)
           And as for Andrew Zabel... there
           really is no telling why he did what
           he did.

                          (BEAT)
           As far as I'm concerned, it was just a
           bit of money... and there are surely
           more important things in the world.
          And Jacob sucks in a deep breath -- containing his anger.

           BRETTON WOODS (CONT'D)
           Now I'm going on Safari with my
           family. Think about the offer and get
           in touch after the July 4th holiday.
          ... heading for the door...

           BRETTON WOODS (CONT'D)
           You got my attention, Jacob... and
           that's one of the rarest commodities
           out there.
          And Jacob just regards him, then...

           44.

                         

                         

                          JACOB
           You can have my answer now, Bretton...
           I have no interest in working for a
           fund that's in trouble.
          Bretton smiles...

                          BRETTON WOODS
           Touche.
          Jacob nods... holding Bretton's look. Then...

                          JACOB
           What's your number?

                          BRETTON WOODS
           Excuse me?

                          JACOB
           The amount of money you would need to
           be able to walk away from it all and
           just live happily-ever-after.

                          (BEAT)
           Everybody has one -- it's an exact
           number -- what's yours?
          And Bretton takes a moment to think about that, then simply
          says...

                          BRETTON WOODS
           More.
          ... and disappears into his penthouse.

          EXT. 533 THIRD AVENUE - MORNING

          Jacob heads out of his building to be greeted by...

                          DIEGO
           You know what I overheard a guy say
           yesterday?

                          JACOB
           I know you're going to tell me...
          Diego smiles...

                          DIEGO
           "This market's just like a divorce.
           I've lost half my money... only I
           still have my wife!"
          As he goes into the hot summer day...

                          JACOB
           Not bad...

           45.

                         

                         

          EXT. UPPER EAST SIDE/ATLANTIC GRILL - DAY

          Jacob heads up to the restaurant to find Gordon Gekko waiting
          outside.

                          GORDON GEKKO
           There's a wait.

                          JACOB
           Oh...

                          GORDON GEKKO
           Fifteen minutes she said.

                          JACOB
           Okay.

                          GORDON GEKKO
           No, that's not okay. Because it means
           they're crowded so every tier in the
           service chain will be extended. The
           sixteen minutes we would normally wait
           to order will now be twenty six, the
           standard twenty four minutes waiting
           for our food to arrive will turn into
           thirty nine, the eight minutes to get
           the check will become seventeen and
           the four minutes to process the credit
           card will take nine.

                          (BEAT)
           I told you I'd have lunch with you...
           not give you a hundred and six minutes
           of my time.
          Jacob just stands there.

           GORDON GEKKO (CONT'D)
           Let's go to Whole Foods.

          INT. WHOLE FOODS - DAY

          Gordon and Jacob share a little table out front of the market.
          Gordon enjoys a turkey burger from the deli while Jacob doesn't
          eat.

                          GORDON GEKKO
           Did you eat before?

                          JACOB
           Just not hungry.

                          GORDON GEKKO
           Yeah... I used to not eat lunch too.
          Jacob nods and slides something across the table. The
          picture of Winnie in workout gear, flipping the finger.
          Gordon looks at it and laughs.

           46.

                         

                         

           GORDON GEKKO (CONT'D)
           Fitting.
          As he places it in his pocket...

           GORDON GEKKO (CONT'D)
           That'll make it a round trade for us.

                          JACOB
           I actually owe you one now.
          Off Gordon's look...

                          JACOB (CONT'D)
           I crushed him.

                          GORDON GEKKO
           Did you?

                          JACOB
           His fund is bleeding. I wouldn't be
           surprised if the redemptions finish
           the job.

                          GORDON GEKKO
           Well, Chief... you seem awfully proud
           of yourself.

                          JACOB
           How'd you know about Amlyn?
          Gordon shrugs.

                          GORDON GEKKO
           It's amazing what information you can
           find out when people know you're not
           going to trade on it.

                          JACOB
           So, you didn't use me to make a little
           money?
          And never to look up from his lunch...

                          GORDON GEKKO
           Naw. I prefer to write about the
           action now than be apart of it.

                          JACOB
           Why'd you give it to me?

                          GORDON GEKKO
           You're out of a job and most likely
           going to marry my daughter... I
           figured you could use the money.

                          JACOB
           I didn't make any money off of it.

           47.

                         

                         

                          GORDON GEKKO
           You didn't trade it?
          With a smile in and over-the-top faux innocence.

                          JACOB
           That would've been insider trading,
           Mr. Gekko.
          Gordon just shakes his head.

                          JACOB (CONT'D)
           And not "most likely."

                          (BEAT)
           Winnie and I are engaged.
          As Gordon finally looks up from his burger... impressed.

          EXT. PARK AVENUE - DAY

          As they walk up Park Avenue...

                          GORDON GEKKO
           So did you take my advice and not tell
           your new fiance about our little
           friendship.
          Jacob doesn't say anything. And Gordon doesn't press.

           GORDON GEKKO (CONT'D)
           So, I'm guessing she's not going to
           take your last name.

                          JACOB
           Good guess.

                          GORDON GEKKO
           That's my Winnie. I knew she was a
           feminist when she was five and furious
           that Mrs. Claus didn't get enough
           credit.
          And this makes Jacob smile... then...

           GORDON GEKKO (CONT'D)
           My brother has two daughters. I had
           Winnie and Rudy.
           (sucking in a deep breath)
           And since Rudy... you know... well,
           I've worried about the name. It's
           something you don't really think about
           until you hit sixty or so but it's
           important.
          As they walk some more in silence, until...

           GORDON GEKKO (CONT'D)
           I want you to get my daughter to
           accept me back into her life again,
           Jacob.

           48.

                         

                         
          Jacob slowly nods... not surprised.

           GORDON GEKKO (CONT'D)
           Because save for the extremely
           precious and depreciating asset of
           time... she's all I have.
          As Gordon stops in front of a Georgian-style, pre-war
          building and turns to Jacob...

           GORDON GEKKO (CONT'D)
           C'mon, I'll show you some more
           pictures of your fiancee that she
           doesn't want you to see.

          INT. 655 PARK AVENUE/ELEVATOR - DAY

          Gordon and Jacob get into the elevator, Gordon pushes "4."
          The doors begin to close but someone gets on at the last
          moment.
          He's a hedge fund type, real SLICK, reminds us of Gekko
          twenty years ago. Oh... and he's about 29 years old.

                          SLICK
           Gordon...
          Gekko nods. Slick hits his floor... "PH."

                          SLICK (CONT'D)
           Sky still falling?

                          GORDON GEKKO
           You know it.

                          SLICK
           (inside of a derisive sigh)
           Sells books I guess.

          INT. GEKKO'S APARTMENT/LIVING ROOM - DAY

          No doubt about it, this is a nice place. Worth three million
          dollars, maybe four at the beginning of the year.
          Sparsely decorated. Large framed photographs line the walls.
          Gordon shows Jacob pictures of Winnie's childhood.

                          GORDON GEKKO
           She refused to take that cowboy hat
           off. She actually slept in it.
          Smitten, Jacob looks at some more of the pictures then
          stands... taking in the large framed pictures on the wall.
          As Jacob checks out a framed chart for "Gouda Tulip Bulbs Dec
          1 1634 to Feb 5 1637." The chart goes straight up and to the
          right then straight down in a single line.

           49.

                         

                         

           GORDON GEKKO (CONT'D)
           Tulip mania... the art of a bubble.

                          JACOB
           Bretton offered to hire me.

                          GORDON GEKKO
           And did you accept?
          As Jacob moves over to an another piece.

                          JACOB
           Fuck no.
          Jacob now finds himself looking at a political cartoon from
          the early 1900s.
          It's of two men rowing a boat in a lake of dollars. One of
          the men is Uncle Sam dressed in US flag colors. But Sam's
          very small in this cartoon... can't really row the boat.
          The other man is much bigger and clearly doing the heavy
          rowing. He is...

                          GORDON GEKKO
           JP Morgan... he single-handedly
           stopped the Panic of 1907 by stepping
           in and buying up shares in all the
           companies that were crashing.
           Everyone else quickly followed like
           lemmings.
           (re political cartoon)
           See -- people had stopped looking to
           their government or trusted advisors.
           They looked to JP Morgan. It was all
           about simple psychology -- every crash
           should have a JP Morgan to step in and
           save it.
          As they walk the hardwood floor...

           GORDON GEKKO (CONT'D)
           See Jacob... the best opportunities
           are found where angels fear to tread.
          And they arrive at the next piece on the wall... a small
          framed bond.

           GORDON GEKKO (CONT'D)
           That's a bond issued by the Central
           American country of Poyais. Gregor
           McGregor made a fortune dealing these
           to the British elite in 1820.

                          (BEAT)
           The country didn't exist.
          And now Jacob notices a very strange picture across the
          room... he goes over to look at it.

           50.

                         

                         
          It's very old... black and white... of a woman filling her
          stove with money.

           GORDON GEKKO (CONT'D)
           Weimer Republic of Germany 1922.
           Inflation turned to hyper-inflation
           and it was more efficient to burn the
           money for heat than spend it.

                          JACOB
           That's horrifying.

                          GORDON GEKKO
           I know.
          As they both hold on the picture...

                          JACOB
           What caused it?

                          GORDON GEKKO
           A country in debt... that took on even
           more debt to fund a war... then
           printed mountains of money to avoid a
           depression and other financial
           imbalances...
          As he turns to face Jacob...

           GORDON GEKKO (CONT'D)
           ... sound familiar?

                          JACOB
           And you honestly think this is where
           we're heading?
          Looking Jacob head on... deadly serious...

                          GORDON GEKKO
           If we don't take our heads out of the
           sand... yes. It's going to get bad
           out there, Champ, I'm not going to
           lie. Even the small regional bank I
           started out at might go under.

                          JACOB
           Hudson River Bank...

                          GORDON GEKKO
           That's right.
          And then...

           GORDON GEKKO (CONT'D)
           And I've got some news for you... he
           ain't bleeding. He's not even cut.

                          JACOB
           What are you talking about?

           51.

                         

                         

                          GORDON GEKKO
           What I'm talking about, Jake... is
           that I'd bet dollars to donuts that
           Bretton Woods unwound most of his
           position in Amlyn last week. That he
           knew about the pancreatitis.
          Off of Jacob's confusion...

           GORDON GEKKO (CONT'D)
           The only reason you think you hurt him
           is because he wanted you to think
           that.

                          JACOB
           How do you know that?

                          GORDON GEKKO
           I don't. But it's not Bretton's first
           rodeo... and my instincts for this
           sort of thing don't often disappoint.
          Jacob can't believe it. And with each passing moment of
          realization... shock turns into rage.

                          JACOB
           I can't believe it.

                          GORDON GEKKO
           Believe it, Princess... he's beating
           your ass all over the court.
          As Jacob tries to calm himself.

                          JACOB
           And you think I should take the job --
           bring him down from the inside?
          Gordon confirms that with a simple shake of the head and...

                          GORDON GEKKO
           I don't know, Jake... what you kids
           think is pay-back these days is really
           incredible. When I was coming up, we
           slaughtered men.

                          (BEAT)
           There are guys still working at penny
           ante brokerages in the Poughkeepsie's
           of this country because they crossed
           me.
          While Jacob processes that...

           GORDON GEKKO (CONT'D)
           So I'll make you another trade, Jake.
           I'll help you bring him down, if you
           help me get her back.
          As Jacob just looks away... non committal.

           52.

                         

                         

           GORDON GEKKO (CONT'D)
           ... then you both can have a father.

          EXT. PARK AVENUE - NIGHT

          As Jacob walks... on the phone with...

                          ROBBY
           Jacob, I could lose my job.
          ... who holds his sleeping infant in his hands.

                          JACOB
           Robby, I need to know. Now nobody
           moves size in this town without using
           your desk.

                          (BEAT)
           We'll play twenty questions only it'll
           be two questions and all you have to
           do is say "yes or no."
          Capitulating with a sigh...

                          ROBBY
           Fire away...

                          JACOB
           Bretton Woods... The Locust Fund...
           did they make any major moves in the
           last few weeks?

                          ROBBY
           Yes.

                          JACOB
           Was it unloading Amlyn
           pharmaceuticals?

                          ROBBY

                          (NERVOUS)
           Jacob...

                          JACOB
           Robby, I got you the fucking the job!
          And after a long moment.

                          ROBBY
           Yes.
          Jacob stops walking... sucks in a deep breath...

                          JACOB
           I'm sorry to make you do that.
          With that, he disconnects and shakes his head in frustration.
          And after a moment, Jacob sucks in a deep breath then makes
          another call.

           53.

                         

                         

                          JACOB (CONT'D)
           (into the phone)
           Okay Gordon... you've got yourself a
           trade.

          AND WERE BACK ON THE CHART
          As a circle forms on June 19th then travels down the trend
          line to early July and stops.
          And as a circle is formed around July 4th, we...

                          CUT TO:

                         FIREWORKS
          Exploding over the Capitol building.

          EXT. SENATOR LEHIGH'S GEORGETOWN HOME - NIGHT

          A BBQ for the political set and their families. Paper plates
          and plastic cups are being thrown away by HELP Children and
          parents lay on blankets watching the fireworks.
          Jacob holds Winnie as they look up at the sky...

                          WINNIE
           My parents would always throw this
           huge party in the Hamptons on the
           fourth. The city of South Hampton
           would have its firework show at 8pm
           then my father would wait until it was
           over then put on his... which, of
           course, was always twice as
           spectacular.
          She leans up, sips her wine, then...

                          WINNIE (CONT'D)
           Then one year the city passed an
           ordinance that their firework show had
           to be the last of the night... they
           were sick of getting shown up by
           Gordon Gekko.
          Jacob laughs...

                          JACOB
           What'd he do?

                          WINNIE
           He rented a barge and shot the
           fireworks off of it a mile off the
           coast... out of jurisdiction.
           (then... almost to herself)
           The show was even more amazing over
           the water.
          And Jacob looks at her.

           54.

                         

                         

                          JACOB
           I think he should be invited to the
           wedding.

                          WINNIE
           No.

                          JACOB
           Winnie, he's your father...
          As the fireworks explode into their finale...

                          WINNIE
           You don't know him.

                          JACOB
           I know he's unhappy. Look at him out
           there... trying to scare everybody.
           He's desperate for attention.

                          WINNIE
           This is none of your business.

                          JACOB
           "That's not how this works."
           Remember?
          She just looks away...

                          JACOB (CONT'D)
           He's got nothing.
          The firework show ends and everyone applauds...

                          WINNIE
           And that's what he deserves.
          Suddenly, everyone begins to look over to the house where
          something is happening...

                          WINNIE (CONT'D)
           The things that came out after he was
           convicted. The affairs... the things
           he was recorded saying...
          SECRET SERVICE PERSONNEL, wearing ear pieces, start walking
          the lawn.

                          WINNIE (CONT'D)
           This wasn't the man we knew, Jacob.
           It was... sociopathic.
          She stands up and looks across the lawn to where all the
          action is.

                          JACOB
           It was a long time ago.
          He stands and kisses her...

           55.

                         

                         

                          JACOB (CONT'D)
           Just consider it, okay? That's all
           I'm asking.
          She holds his look for a long moment, then... nodding over to
          all the excitement...

                          WINNIE
           C'mon, you can meet the next President
           of the United States.

          INT. THE LOCUST FUND FOYER - DAY

          A massive foyer of black marble with wall to wall views of
          Manhattan. There's much more space than furniture here.
          Jacob waits patiently in a white suede chair... he checks his
          watch and sighs. He's been sitting here quite awhile.
          Finally, the SIX FOOT TALL RECEPTIONIST, leaves her desk...
          her heels clicking as she walks over.

                          SIX FOOT
           Jacob... are you ready?
          Jacob stands and she leads him toward a bank of elevators.
          The doors open and Jacob gets on.

          INT. ELEVATOR - DAY

          Jacob stands there with Six Foot.

                          SIX FOOT
           Do you have everything they said you'd
           need?
          Jacob nods... holding a folder of his previous tax forms, his
          passport and other documents obviously needed for the job.
          And the elevator doors open... but not to an office...
          Jacob shields his eyes to the wash of daylight... then looks
          to realize that he's on the roof of the building.
          And in front of him is... An Augusta A109E Helicopter with
          "The Locust Fund" written on the side.

          INT. AUGUSTA HELICOPTER - DAY

          As Jacob looks down to the city below, wondering where the
          hell they're going...

          EXT. TETERBORO AIRPORT - DAY

          Jacob emerges from the Augusta and looks across the tarmac to
          see a Boeing 727 with "The Locust Fund" written on the side.
          And now Jacob knows why he needed his passport.

           56.

                         

                         

          EXT. LONDON - NIGHT

          As the 727 dives down toward Biggin Hill airfield... the
          lights of London twinkling to the north.

          EXT. CHELSEA - NIGHT

          The Black Maybach limousine pulls up out front of a 19,000-
          square-foot Victorian home with the perfectly restored brick
          exterior.
          As Jacob gets out of the car and sizes down this incredible
          home...

          INT. BRETTON WOODS'S CHELSEA HOME/THE BLACK SWAN HOUSE - NIGHT

          The design is much different that Woods's New York CPW
          penthouse. It's more classical... with dark woods and worn
          leathers and thick rugs and commanding views along the River
          Thames.
          And Jacob is lead into the...

                         DINING ROOM
          Where Bretton eats alone at the head of the long table.

                          BRETTON WOODS
           Jacob.
          As Jacob walks through the expansive space...

                          JACOB
           Mr. Woods.

                          BRETTON WOODS
           (Call me...)
           Bretton.
          ... and sits.

                          JACOB
           Okay... Bretton. I thought we were
           going to meet in New York.

                          BRETTON WOODS
           And I thought you had no interest in
           working for a fund that was in
           trouble.

                          JACOB
           I was emotional. I was angry.

                          BRETTON WOODS
           And what changed?

                          JACOB
           I caught a glance of my portfolio.

           57.

                         

                         
          And Bretton laughs.
          Jacob notices two huge chocolate brown French Mastiffs
          sitting at Bretton's feet.

                          JACOB (CONT'D)
           Cute dogs.

                          BRETTON WOODS
           Dogue de Bordeaux... bred to kill.
           But Contango and Backwardation here
           are socialized since birth so they're
           harmless.
          Jacob laughs...

                          JACOB
           You named your dogs after technical
           futures market terms?
          And Bretton stands...

                          BRETTON WOODS
           Of course not...
           (with a wink)
           My children did.
          As he heads into...

          THE LIVING ROOM
          A fire burning in the fireplace. Jacob follows Bretton in...

                          JACOB
           And where are your children?
          Bretton moves toward a table with a classic phonograph player
          on it.

                          BRETTON WOODS
           Greece with my wife. My boys are
           studying The Iliad now.
          While Bretton looks through the various sleeves of records,
          Contango and Backwardation slowly find their way into the
          room and sit by the fire.
          Bretton finds what he's looking for... removing the record
          from its sleeve.

           BRETTON WOODS (CONT'D)
           Here it is... one of the most
           beautiful pieces of music you'll ever
           hear.
          Bretton places the record on the phonograph and The Rolling
          Stones "Let It Loose" rings out...

           58.

                         

                         

           BRETTON WOODS (CONT'D)
           "Exile On Main Street," without a
           doubt The Stones greatest album.
          Jacob laughs. He was expecting Beethoven.

           BRETTON WOODS (CONT'D)
           It was all outtakes. Throwaway
           tracks. And the critics hated it.
           And it didn't sell well at first.

                          (BEAT)
           But now it's universally known as
           their best release. I asked Mick once
           how he thought that happened. How
           something could go from so worthless
           to so valuable. He just looked at me
           and said... "it never went from
           worthless to valuable... just the
           opinions of it did."
          Taking a seat...

           BRETTON WOODS (CONT'D)
           And that was the greatest lesson I
           ever learned about investing.

                          JACOB
           An asset's value can only be priced at
           its perception.

                          BRETTON WOODS

                          (IMPRESSED)
           Exactly. There is no intrinsic.
          Then... simply...

           BRETTON WOODS (CONT'D)
           You'll work out of the New York
           office. I wouldn't want to pull you
           away from your fiancee in Washington.

                          JACOB
           Thank you.

                          BRETTON WOODS
           She's Gordon Gekko's daughter.

                          JACOB
           That's right.

                          BRETTON WOODS
           He was a legend at one time. It's
           quite sad how he publicly cries out
           wolf now.
          Bretton stands and stretches.

           BRETTON WOODS (CONT'D)
           You see, for a legend...

           59.

                         

                         
          Inside of a tired sigh...

           BRETTON WOODS (CONT'D)
           ... the only thing worse than death is
           becoming irrelevant.
          And Bretton just sits there... enjoying his scotch while
          taking in the Stones tune...

          INT. LONDON/SAVOY HOTEL SUITE - NIGHT

          Jacob stands at the window of his suite... looking out onto
          the Victoria embankment and on the phone with...

                          GORDON GEKKO
           Good work, kid -- you're on the inside
           now.

                          JACOB
           He's going to Dubai to raise some
           money then meeting me in New York to
           set me up.
          Gordon sits at the dining room table at his apartment.
          Papers scattered about and his EDITOR waiting patiently.

                          GORDON GEKKO
           No.

                          JACOB
           What?

                          GORDON GEKKO
           He's not meeting you in New York.

                          JACOB
           Why not?

                          GORDON GEKKO
           Because you need to go to Dubai with
           him.

                          JACOB
           I don't understand.

          EXT. LONDON - DAY

          As the 727 takes off ...

           GORDON GEKKO (V.O.)
           You need to do something that will
           earn his trust... you need to make
           yourself a hero...

          INT. 727 - DAY

          Jacob sits across from Bretton who enjoys a slice of Pizza
          and a Coke.

           60.

                         

                         

           GORDON GEKKO (V.O.)
           Jacob... you need to help him get this
           money.
          And Jacob glares at Bretton like he might kill him.

           GORDON GEKKO (V.O.) (CONT'D)
           But be cautious. Your relationship
           with Bretton is still fragile -- you
           fuck it up here and you're done.
          Bretton looks up and Jacob immediately replaces his glare
          with a smile.

                          JACOB
           Looks better than meals I get on
           United.

                          BRETTON WOODS
           John's Pizza on Bleeker. It crossed
           the Atlantic with you yesterday.
           Would you like a slice?
          Jacob declines... then...

           BRETTON WOODS (CONT'D)
           I appreciate you wanting to help with
           this part of the business even though
           it's not your expertise.

                          JACOB
           Well -- there's a lot I can learn from
           you.

                          BRETTON WOODS
           For this trip just stay in the
           background and observe.
          As Bretton tosses some pizza to Contango and Backwardation...

           BRETTON WOODS (CONT'D)
           We're going to meet with Oleg Bakunin.
           He's a Russian oligarch on the run
           because Putin wanted to steal
           everything he owns. He already has a
           few hundred million with us but I'm
           looking to get half a billion more.
           Our maintenance fee on that alone
           would be ten million a year.

                          (BEAT)
           My father didn't make half of that in
           his twenty-six year career.
          And he looks out the window...

           BRETTON WOODS (CONT'D)
           He worked in a mid-level job for
           United Bancorp actually...

           61.

                         

                         
          Never to look from the window... with just a trace of
          disdain...

           BRETTON WOODS (CONT'D)
           Got a fishing kit when he retired.

          EXT. DUBAI/AERIAL VIEW - DAY

          The most bizarre, stunning city in the world -- outlandish
          skyscrapers, marinas, archipelagos...
          And the 727 is now flying over...

          THE WORLD OF ISLANDS
          A collection of man-made islands that make out a one-
          dimensional map-like depiction of Earth.
          As we fly over this archipelago...

           BRETTON WOODS (V.O.)
           Richard Branson purchased Great
           Britain, Rod Stewart bought Germany,
           Tommy Lee bought Greece.

          BECKER JETVAN LUXURY COACH
          It's custom outfitted Mercedes-Benz van that's completely
          decked out like the inside of a private jet. Full
          entertainment system, recessed LED lighting, tray tables,
          fine leather, blacked out windows that "defog" with the push
          of a button, designed by Phillipe Starck and made custom for
          $450,000 (once you get to the top of the waiting list.)
          Jacob and Bretton ride into the city. Bretton takes a call
          on his Vertu.

           BRETTON WOODS (CONT'D)

                          (INTO PHONE)
           Yes... you have to be kidding me.
          He disconnects the call with a mischievous smile and turns to
          Jacob.

           BRETTON WOODS (CONT'D)
           Looks like a bit of news broke while
           we were in the air...
          And Bretton turns on Fox Business to see footage of... The
          Governor of New York standing at a podium next to his WIFE.
          He doesn't look happy as he says...

           GOVERNOR (ON THE TV)
           The remorse I feel will always be with
           me. Words cannot describe how
           grateful I am for the love and
           compassion they have shown me. From
           those to whom much is given, much is
           expected..

           62.

                         

                         
          Jacob's confused... Bretton's enjoying every second of
          this...

                          BRETTON WOODS
           He's been after us for years...

           GOVERNOR (ON THE TV)
           I have been given much -- the love of
           my family, the faith and trust of the
           people of New York, and the chance to
           lead this state
          Laughing with delight...

                          BRETTON WOODS
           Oh Jacob... you don't want to live in
           a glass house if you're gonna play
           this game.

                          JACOB
           I don't understand. Is he resigning?

                          BRETTON WOODS
           Yes sir.

                          JACOB
           What'd he do?
          And Bretton simply turns to him and says...

                          BRETTON WOODS
           Outsourced.

          EXT. BURJ AL ARAB HOTEL - DAY

          1,000-foot-tall feat of modern design, perched on the edge of
          the Persian Gulf.
          As the Jetvan pulls out front...

           BRETTON WOODS (V.O.)
           There's a big party for Oleg tonight
           at a club called The Left Bank. It's
           Roaring 20s themed so I've had
           original suits from that era delivered
           to our rooms.

          INT. BURJ AL ARAB/LOBBY - DAY

          As Jacob and Bretton walk through the ridiculously opulent
          lobby plated in gold leaf.

                          BRETTON WOODS
           Remember. Hedge funds are not banking
           and this isn't Ivy-league-geography-
           ninth-hole deal making.

           63.

                         

                         

          INT. HALLWAY - DAY

          As they walk down the hall to their suites... Contango and
          Backwardation tagging along.

                          BRETTON WOODS
           Oleg's a brute, he's has A.D.D. and he
           likes to party.
          As they stop in front of large double doors... the BELLMAN
          opens the doors to reveal...

          THE BURJ AL ARAB PREMIERE SUITE
          Makes the Rainman Suite at Caesar's look like a standard room
          at a Motel 6. 7000 square feet, 360 degree view, 70 inch
          plasmas share the walls with Picassos and Monets.
          Bretton nods over to the double doors across the hall...

           BRETTON WOODS (CONT'D)
           I'm just down the hall.
           (with a smile)
           I hope you don't mind I took the nicer
           one.

          INT. JACOB'S SUITE/BATHROOM - NIGHT

          Now dressed in a tightly-fitting suit over a white shirt with
          wing collars and stove-pipe skinny trousers, Jacob stands in
          front of the mirror.
          As Jacob throws on a top hat and admires the 1928 version of
          himself....

          INT. THE LEFT BANK - NIGHT

          A Roaring 20's party is taking place... it's full-on
          speakeasy vibe. It's right out of 1928, only with Europeans,
          Russians and Middle-Easterners.
          Smoke fills the room. A jazz band roars. Drinks flow.
          As Jacob and Bretton head in...

                          BRETTON WOODS
           If he offers you a drink -- take it.
          And with that, Bretton points across the room where OLEG
          BAKUNIN sits.

           BRETTON WOODS (CONT'D)
           If he offers you a line of coke --
           snort it.
          He's in his mid-40s, overweight, sweaty, draped in tight
          black Prada and smoking a cigarette.

           64.

                         

                         

           BRETTON WOODS (CONT'D)
           If he offers you a child -- raise it.
          And it seems A MODEL BOMB has recently exploded at Oleg's
          table... leaving the skinny shards everywhere.
          Oleg sees them, stands and opens his arms.

                          OLEG
           Bretton Woods has arrived.
          Bretton smiles. They head over. Oleg turns to one of the
          MODEL GIRLS next to him.

                          OLEG (CONT'D)
           I want you to meet one of the only men
           in the world who might be as rich as I
           am. Wait a minute... Bretton what did
           oil close at today?

                          BRETTON WOODS
           A hundred and twenty-nine dollars a
           barrel.

                          OLEG
           (to Model Girl)
           Forget what I said -- I'm much richer
           than him.
          Oleg then looks at Jacob.

                          OLEG (CONT'D)
           Who the fuck is this?

                          JACOB
           Oleg, I'm Jacob Moore. It's nice to
           meet you.
          Oleg regards Jacob for a beat, then back to Bretton and asks
          again...

                          OLEG
           Who the fuck is this?
          Bretton smiles...

                          BRETTON WOODS
           Jacob has recently come over from KZI
           to work with me.
          And now Oleg turns to Jacob.

                          OLEG
           KZI? You worked with Andrew Zabel?
          Jacob takes a beat. Then...

                          JACOB
           That's right.

           65.

                         

                         

                          OLEG
           He was a legend.
          Jacob just nods, not showing any emotion. Oleg motions for
          the girls to make room and they all sit...

                          OLEG (CONT'D)
           It was that mortgage shit. He
           should've just focused on managing
           money and not fuck around with that
           crazy mortgage shit.
          Bretton just looks away. Jacob stays cool.

                          OLEG (CONT'D)
           It was a shame his fund was only for
           institutions... I would've liked to
           have invested.
          Oleg motions to a WAITRESS who immediately pours vintage
          champagne.

                          OLEG (CONT'D)
           In honor of the theme tonight, have a
           glass of 1927 Heidsiek champagne...
          Oleg hands Jacob a flute before he can decline.

                          OLEG (CONT'D)
           This is one of two hundred bottles
           discovered on a shipwreck off the
           coast of Finland... thirty grand a
           bottle.
          And Oleg aggressively puts his arm around Jacob, bringing him
          into a drunken half-bear hug and spilling most of the
          champagne out of Jacob's flute.

          EXT. DUBAI HARBOR - NIGHT

          Oleg and some of his crew lead Jacob, Bretton and three
          beautiful, giggling model girls down a trail to a secluded
          mooring.
          Fishing boats bob violently in the water -- and next to them
          is Oleg's Phoenix 1000, his personal, 65-meter SUBMARINE.
          As a boatman helps them all climb aboard:

                          OLEG
           Phoenix 1000.

          INT. SUBMARINE - NIGHT

          As they walk through the ornate deck saloon:
          Oleg beckons Jasper toward a huge panoramic window looking
          out at the city of Dubai.

           66.

                         

                         
          And then the view starts to MOVE. The surface of the water
          RISES before them, Dubai recedes and the submarine descends
          spectacularly into the depths.

                          OLEG
           5000 square feet, 30 days of oxygen
           capacity.

          INT. THE DECK SALOON - NIGHT

          Lights illuminate the dark waters as curious fish flit past.
          Jacob, Bretton and Oleg are on divans, the girls undulating
          around them.

                          OLEG
           Bretton, I have... what?... two
           hundred million with you.

                          BRETTON WOODS
           And hopefully that's just a start.
           Oleg, there are so many opportunities
           out there right now I feel like a kid
           in the candy store.
          Oleg waves him off.

                          OLEG
           You know I like to spread it around...
           I'm like my own fund of funds. I
           don't like to have too much with one
           manager.
          As Oleg shakes cocaine out of an envelope...

                          OLEG (CONT'D)
           You never really know who to trust in
           this world.
          Jacob takes a beat, swallows nervously, then...

                          JACOB
           I couldn't agree more, Oleg. It's one
           of the first things that Andrew Zabel
           taught me. I worked very closely with
           him. It's why Bretton hired me. To
           get behind the Andrew Zabel curtain.
          Bretton flashes Jacob a look... "What the hell are you
          doing?" Jacob swallows back some nerves then continues...

                          JACOB (CONT'D)
           You said before that you always wanted
           to invest with Zabel but couldn't
           because he only handled institutional
           money. Well here's your chance.
           Zabel taught me everything he knew.
          Oleg looks up to Jacob from the line of coke with interest.

           67.

                         

                         

                          OLEG
           Such as... ?

                          JACOB
           Well, I'm not going to give you the
           whole cake, Oleg...
          He looks over to Bretton who still glares at Jacob...

                          JACOB (CONT'D)
           But I can give you a little bite...

                          (BEAT)
           It involves building positions in high
           yielding stocks new to volatility then
           writing calls with split strike
           prices.
          And Oleg regards Jacob for a long moment, a jury determining
          the verdict... Jacob holding on to that sly smile... Bretton
          looking away... playing it cool.

                          JACOB (CONT'D)
           It's complicated but like Bretton said
           -- right now there are more
           opportunities than ever.
          Oleg simply nods... with a simple...

                          OLEG
           Interesting.
          ... then does another line.

          INT. JACOB'S SUITE - NIGHT

          Jacob sleeps. There's a knock on his door. He stirs. The
          knock's louder. Then... Jacob finally wakes, moves to the
          door and opens it to see...
          TWO BEAUTIFUL RUSSIAN WOMEN, PAULINA and NADIA

                          NADIA
           We're here for the party.
          Confused...

                          JACOB
           What party?

                          PAULINA
           Oleg said you needed a party...
          Cozying up to her friend with a smile...

                          NADIA
           ... and we're it.
          Jacob nervously thinks, then...

           68.

                         

                         

                          JACOB
           Come in.

          INT. JACOB'S SUITE - LATER

          We pan across the suite... past the roaring fire...

           PAULINA (O.S.)
           Right there... ?
          ... past the empty bottle of champagne...

           JACOB (O.S.)
           No... not there...

           NADIA (O.S.)
           How about there? I bet you want me to
           do it there.
          ... past the plate of half-eaten chocolate strawberries...

           JACOB (O.S.)
           No... I want you to hold it.
          And find the three of them...

           NADIA (O.S.)
           But it's gone up so much.
          ... sitting at Jacob's computer... looking over a chart for a
          Russian oil company.

                          JACOB
           I know... but if you're going to
           correctly utilize this technical head
           and shoulders strategy, you need to
           hold the stock until...
           (pointing on the chart)
           ... right here.

                          PAULINA
           I always sell too soon.

                          JACOB
           Very common mistake. You need to cut
           your losers short and let your winners
           run.
          She looks to her friend with a smile...

                          NADIA
           Good advice for everything... no?
          Her friend agrees with a laugh. And Jacob checks the clock.

                          JACOB
           Okay. I think enough time has passed.
           I appreciate you guys keeping our
           little secret.

           69.

                         

                         
          As he walks them to the door...

                          NADIA
           You must love her very much.

                          JACOB
           I do.
          Jacob opens the door to let them go but he hears a door open
          across the hall... Bretton's.
          And they all witness a YOUNGER AMERICAN WOMAN leave Bretton's
          room then head down the hall right by them.
          Jacob's stunned.

                          PAULINA
           The most famous hooker in the world.
          Off Jacob's confusion...

          THE YOUNGER AMERICAN WOMAN
          that had just left Bretton's room looks right at us under the
          caption "The Governor's $5000 Mistake"
          Pull back to be on Perezhilton.com
          Jacob Moore sits in front of his computer. And he turns to
          Paulina.

                          JACOB
           Is she a gift from Oleg?

                          PAULINA
           No. She's Bretton's go-to.

                          NADIA
           He flies her in wherever he's at.
          And Jacob slowly takes that in... absolutely floored.

          INT. BURJ AL ARAB/LOBBY - MORNING

          Wearing sunglasses, Jacob greets Bretton at the elevators.

                          BRETTON WOODS
           You look like crap.
          They walk for the exit.

           BRETTON WOODS (CONT'D)
           Let me ask you something... was that
           speech about split strike prices and
           stocks new to volatility for real?

                          JACOB
           No Bretton. That was all bullshit.

           70.

                         

                         
          Bretton smiles.

                          BRETTON WOODS
           Well, it worked. Oleg's wiring us
           five hundred million dollars today.
          And Bretton turns to Jacob... impressed.

           BRETTON WOODS (CONT'D)
           Good job, Jacob...
          And as they head out into the Dubai heat...

           GORDON GEKKO (V.O.)(PRE-LAP)
           So he trust you now.

          EXT. BOWLING GREEN PARK - DAY

          The iconic charging bull of Wall Street.

           JACOB (V.O.)
           I think so.
          Travel the park to find... Jacob and Gordon stopping at the
          food vendors.

                          GORDON GEKKO
           Well, I'm happy to help.

                          (AND THEN)
           What about your end of the trade,
           Sport?

                          JACOB
           Oh... I'm still working on it.

                          (BEAT)
           I'll talk to her. I promise.

                          GORDON GEKKO

                          (TO VENDOR)
           Hot dog.

                          (TO JACOB)
           What do you want?

                          JACOB

                          (TO VENDOR)
           I'll take a pretzel.
          As they get their food and walk...

                          GORDON GEKKO
           So you're a hedge fund cowboy now?
          Shaking his head...

           GORDON GEKKO (CONT'D)
           Goddamn hedge funds -- what a racket.
           Playing the world casino, betting
           other people's money with leverage.
           And it's completely legal and
           completely unregulated.

                          (MORE)

           71.

                         

           GORDON GEKKO (CONT'D)
           The hustles they get away with make
           insider trading seem like a parking
           ticket.

          SLAM INTO THE FRONTIER FUND/TRADING PIT
          Rows and rows of computers in a large dark room....

           GORDON GEKKO (V.O.) (CONT'D)
           Nassim Tariq and his Frontier Fund.
           With their slews of MIT grads who
           become glorified millionaire robots
           pushing buttons...
          ... with casually dressed ASIANS and INDIANS in their 20s
          working the keyboards like zombies.

           GORDON GEKKO (V.O.) (CONT'D)
           ... slaves to top-secret propriety
           elegant algorithms that work until
           they don't.

          AND SLAM INTO ESSEX CAPITAL ADVISERS/CONFERENCE ROOM
          A stuffy conference room half-filled with bored MEN in their
          40s watching a presentation...

           GORDON GEKKO (V.O.) (CONT'D)
           Or the baby cub funds like Sammy
           Rosen's Essex Advisers... filled with
           Goldman Sachs and Julian Robertson
           pedigree.
          Most of the men type on their blackberrys... one is actually
          asleep.

           GORDON GEKKO (V.O.) (CONT'D)
           Men who are way too rich, lazy and
           tired to run money properly anymore.

          THEN SLAM INTO THE DANIELS ACTIVIST FUND/ALLAN DANIELS'S

                         OFFICE
          A small cluttered office with papers strewn about...

           GORDON GEKKO (V.O.) (CONT'D)
           Or Allan Daniel's and his bully
           operation.
          ALLAN DANIELS, a small bull-dog of a man, paces back and
          forth... dictating in anger. His SECRETARY types down every
          word he's shouting.

           GORDON GEKKO (V.O.) (CONT'D)
           ... with his angry letters to company
           boards that are nothing but veiled
           threats in the name of activism.

          AND RIGHT BACK TO BOWLING GREEN PARK
          Where Gordon stops walking...

           72.

                         

                         

           GORDON GEKKO (CONT'D)
           So you're inside... you have his
           trust... and now you want to know
           what's next.
          And Jacob's look over to Gekko confirms this.

           GORDON GEKKO (CONT'D)
           Here's the thing about Bretton. He
           puts all of his money into his own
           fund which makes him stupid,
           egotistical, and most importantly...
           vulnerable.

                          (BEAT)
           And he chases. He doesn't take losses
           well and he chases with leverage. He
           thinks he's a trader, he thinks he's
           an investor but he's not. He's a
           gambler.
          Regarding Jacob...

           GORDON GEKKO (CONT'D)
           That pretzel looks good.
          Jacob just shrugs.

           GORDON GEKKO (CONT'D)
           Care to make a trade?

                          JACOB
           Whatever.
          And they trade. The hotdog for the pretzel.

                          GORDON GEKKO
           As for your end of our trade.

                          (BEAT)
           Find a way for me to reunite with my
           daughter, Jake. Because we both know
           how she would react to the fact that
           you've been lying to her about bonding
           with your future father-in-law.
          Just standing there... holding that hot dog...

                          JACOB
           Is that a threat?
          Looking Jacob dead on...

                          GORDON GEKKO
           Absolutely.
          Jacob just shakes his head with a laugh... now realizing that
          Gekko talked him into this position for this exact leverage.

                          JACOB
           You're priceless, Gordon.

           73.

                         

                         
          With a smile...

                          GORDON GEKKO
           Just be happy I'm on your team.

                          (AND THEN)
           Get him into a bad position and watch
           him chase it.

                          JACOB
           What bad position?

                          GORDON GEKKO
           What have I been saying all along,
           Kid?

                          JACOB
           Financials.

                          GORDON GEKKO
           They're a death trap -- mark my words.

          INT. THE LOCUST FUND/JACOB'S OFFICE - DAY

          As Jacob takes in his new view... it's spectacular.

           GORDON GEKKO (V.O.)
           But he won't fall for a brokerage or
           bank play this late in the game.
           Everyone knows they're poison.

          AND TIME LAPSE
          As the office grows furniture... a plasma on the wall...
          a computer on the desk...

           GORDON GEKKO (V.O.) (CONT'D)
           Sell him on insurance. There's a case
           to be made for those stocks... ill-
           fated as they may be.
          ... books on the shelves... pictures on the walls...
          a couch and table... a paper shredder and waste baskets...

           GORDON GEKKO (V.O.) (CONT'D)
           But take your time... make him think
           you've been doing your due diligence.
          Find Jacob at his desk... working away at his computer...
          it's late at night.

           GORDON GEKKO (V.O.) (CONT'D)
           Make it look like you're working your
           ass off to find him this genius
           trade... come in early, leave late and
           don't bring up the idea for at least a
           few weeks.
          And Jacob finally gets up from his desk... goes to the
          window... looking across midtown Manhattan...

           74.

                         

                         

           GORDON GEKKO (V.O.) (CONT'D)
           And then Jacob...
          ... eyes pasted on a building made of glass and steel... a
          building he once called home...

           GORDON GEKKO (V.O.) (CONT'D)
           ... sell him hard... then watch him
           bite... then watch him chase...
          ... KZI Investments.

           GORDON GEKKO (V.O.) (CONT'D)
           ... then watch him come undone.

          EXT. 533 THIRD AVENUE - DAY

          Holding his suitcase, Jacob emerges from the elevator and
          heads for a waiting town car.
          Jacob sees Diego...

                          JACOB
           Bring it.
          Diego smiles... loves this new one...

                          DIEGO
           What's the most dangerous question on
           Wall Street?

                          JACOB
           Tell me.

                          DIEGO
           "How are you?"
          And Jacob agrees whole-heartedly as he heads on his way.

          EXT. WASHINGTON DC - MORNING

          As the sun rises over our nation's capital.

          EXT. ROCK CREEK PARK - MORNING

          Winnie and Jacob jog the park through the humid July haze.
          It's very early.
          And Jacob stops jogging. Catches his breath. She keeps
          running.

                          JACOB
           Why are you with me?
          She stops and turns back to him.

                          WINNIE
           What?

           75.

                         

                         

                          JACOB
           You hate finance. You hate Wall
           Street. Why are you with me?
          Winnie nods. It's a valid question. And she thinks about it
          for a moment, then...

                          WINNIE
           Repetition compulsion.

                          JACOB
           Huh?

                          WINNIE
           It's Freud.

                          JACOB
           And what does it mean, psych major?

                          WINNIE
           Well, it's when people repeat the same
           dysfunctional relationships from
           childhood in their adult life in hopes
           of trying to master them.

                          JACOB
           Like when children of alcoholics fall
           in love with alcoholics.

                          WINNIE
           Yeah.
          He turns away... upset.

                          JACOB
           That's great, Winnie.

                          WINNIE
           Jacob, that might be why I was
           initially attracted to you... but it's
           not why I love you.
          She moves to him.

                          WINNIE (CONT'D)
           I love you because you're
           compassionate and you care so deeply
           about what you do and you have like no
           ego, it's crazy.
          She reaches to him... turning his face to meet hers.

                          WINNIE (CONT'D)
           And you're the smartest person I've
           ever met... and there's nobody I trust
           more in the world.
          Jacob looks away... almost ashamed. And Winnie can sense
          something's not right.

           76.

                         

                         

                          WINNIE (CONT'D)
           What's wrong?

                          JACOB
           Nothing...
          As Jacob draws in a deep breath, collects himself and finally
          turns back to her with...

                          JACOB (CONT'D)
           I just wish you would master that
           relationship from childhood so you can
           move forward with this one.

          AND WERE BACK ON THE CHART
          As a circle forms on July 20th then travels down the trend
          and stops.
          And as a circle is formed around August 11th, we...

                          CUT TO:

          EXT. WESTSIDE HIGHWAY- DAY

          And Manhattan... as it sweats through the heart of summer.
          Two jetvans ride uptown...

          INT. JETVAN - DAY

          As Jacob rides with Bretton...

                          JACOB
           Bretton... I found something I like.
          Bretton looks over to him.

                          BRETTON WOODS
           I've been wondering when my new
           portfolio manager was going to come to
           me with something special.

                          JACOB
           I just wanted to make sure I would be
           bringing you the smartest idea
           possible. I know you don't go light.
          Confirming...

                          BRETTON WOODS
           That's right. If I commit to this...
           we go large and we don't back down.

                          JACOB
           It might be better to do this in the
           office. I have color and support to

                          PRESENT--
          Waving him off...

           77.

                         

                         

                          BRETTON WOODS
           C'mon Jacob, you know that's not how
           we do.

          EXT. ADIRONDACK FOREST PRESERVE - DAY

          2.7 million acres of State protected majestic land. All
          nature... rivers and lakes... cypresses and maples. Clean
          air. And trails. Many trails that go on for miles.
          As the two Becker jetvans arrive at a restricted area, a
          STATE RANGER opens the gate and allows them to drive through
          then park.
          Jacob and Bretton emerge from the jetvan.

                          BRETTON WOODS
           This is how we do.
          And with a nod, the DRIVER of the other jetvan opens it to
          reveal two motorcycles inside. Bretton's MTT Turbine
          Superbike and an Agusta, these bikes are handcrafted works of
          art as much as they are demons of speed.
          Jacob laughs in disbelief and excitement.

                          JACOB
           And we're allowed to ride these
           through here?
          Sucking in the fresh summer air...

                          BRETTON WOODS
           No.

          AND JACOB AND BRETTON
          Now decked out in leather riding gear... on the bikes... at
          the mouth of the trail... revving the engines...

           BRETTON WOODS (CONT'D)
           Follow me...
          And with that, shoots into the forest. Jacob quickly
          follows.

          AND THEY RIDE
          Winding through the trees... along the side of a river...
          Bretton riding extremely fast with Jacob trying to keep up.
          Bretton reaches a clearing and waits for Jacob to catch up.
          Once he does...

           BRETTON WOODS (CONT'D)
           You're going to have to keep up.

                          JACOB
           Okay. I'm just getting used to it.

           78.

                         

                         

                          BRETTON WOODS
           Tell me your idea.

                          JACOB
           Here?

                          BRETTON WOODS
           Where else?

                          JACOB
           Right. Okay.

                          (COLLECTING HIMSELF)
           Are you still short any of the
           financials?

                          BRETTON WOODS
           No. After KZI, I took profits.

                          JACOB
           I think it's time to go the other way.

                          BRETTON WOODS
           Banks?

                          JACOB
           Insurance companies. I'm talking the
           old school insurers that have become
           the babies thrown out with the bath
           water.
          Jacob waits for a reaction from Bretton. But all he gets
          is...

                          BRETTON WOODS
           Keep up!
          And with that, Bretton rips into the clearing. Jacob rides
          just as fast. They're neck and neck... it's definitely a
          race.
          Bretton pulls ahead but Jacob doesn't give up.
          As they move quickly toward a patch of forest with a only
          narrow trail entering it, Jacob focuses on the horizon and
          revs the bike into more speed. He pulls up next to Bretton
          as they approach the trail.
          If Jacob doesn't slow down, and fall in line behind Bretton,
          he's going to hit the trees. But he doesn't.
          Instead, Jacob blasts the bike into its final dose of speed,
          narrowly avoiding impact by zipping into the trail... pulling
          ahead of Bretton and taking the lead.

          A TRANQUIL LAKE
          As it sits still in the setting sun. Untouched by man.
          Bretton and Jacob get off the bikes and walk to the shore.
          As they catch their breaths and enjoy the beauty...

           79.

                         

                         

                          JACOB
           The basket of stocks I'm putting
           together focuses on reinsurance
           brokering and management services for
           businesses. They're trading below
           book and have large dividends.

                          (BEAT)
           I say we buy them here.
          Bretton thinks about it. He's not sure.

                          BRETTON WOODS
           Financials are a falling knife.
          Jacob nods...

                          JACOB
           I'm not arguing that... but the best
           opportunities are found where angels
           fear to tread.
          Jacob can see... he has Bretton on the hook.

                          JACOB (CONT'D)
           So yeah -- they are falling knives.
           But Bretton...
          And with confidence... driving it home...

                          JACOB (CONT'D)
           ... what's life without a little blood
           on your hands?

          INT. JACOB'S OFFICE - DAY

          As WORKERS install an electronic ticker that wraps around the
          top circumference of the whole office... similar to the one
          Andrew Zabel had.

           BRETTON WOODS (V.O.)
           Okay. Then I want you to build
           positions in your favorite three
           names.
          Jacob picks up the phone and...

          THE SCREEN SPLITS IN TWO
          With Jacob on top and Robby on the bottom.
          As Robby takes the order and starts typing into his
          Bloomberg...

           BRETTON WOODS (V.O.) (CONT'D)
           I want you stealth. Use all six
           trading desks we're in business with.

          NOW ROBBY'S HALF OF THE SCREEN SPLITS INTO 6 SMALL BOXES

           80.

                         

                         
          Six different trading desks... six different BROKERS taking
          calls from Jacob who still owns the whole top half of the
          screen.

           BRETTON WOODS (V.O.) (CONT'D)
           And if they go down... we increase our
           size.

          AND BACK TO JACOB
          Leaning back... feet on desk... staring at the ticker...
          which only has three stocks on it...

           BRETTON WOODS (V.O.) (CONT'D)
           See Jacob -- I don't believe in
           "wrong."
          MCC at $21.65, ACN at $16.24 and ISS at $7.23.

           BRETTON WOODS (V.O.) (CONT'D)
           I only believe in "not right yet."

          EXT. UPPER WEST SIDE - NIGHT

          A rainstorm takes over the city. A cab pulls out front of
          Shun Lee Cafe.

          INT. TAXI - NIGHT

          Winnie sucks in a deep breath.

                          WINNIE
           He chose this restaurant.
          Jacob confirms.

                          WINNIE (CONT'D)
           We used to come here every Sunday
           night.
          He takes her hand.

                          JACOB
           You're going to be fine.

                          WINNIE
           I'm only doing this for you.

                          JACOB
           No. You're doing this for you.
          She just glares at him.

                          WINNIE
           We're never having sex again.

                          JACOB
           Then what my friends say about
           marriage will be true.

           81.

                         

                         
          And she nervously fights back a smile...

                          WINNIE
           Oh, shut up.

          INT. SHUN LEE CAFE - NIGHT

          The HOST leads Winnie and Jacob through the grand dining
          room. Gordon sees them and stands up. We can tell he's
          anxious as well.

                          GORDON GEKKO
           Hi.
          Fighting back the nerves...

                          WINNIE
           Hey.
          They just stand there. Jacob holds out his hand.

                          JACOB
           Mr. Gekko, I'm Jacob Moore, we spoke
           on the phone. Nice to finally meet in
           person.
          Gekko just looks at him for an extra long beat, then...
          shakes his hand.

                          GORDON GEKKO
           Yes.
          They all sit.

           GORDON GEKKO (CONT'D)
           Jacob, shall we get some wine?

                          JACOB
           I don't drink.

                          GORDON GEKKO
           Oh... okay.
          Then Gordon attempts a smile over to his daughter.

           GORDON GEKKO (CONT'D)
           Let me guess... the ginger garlic
           lobster.

                          WINNIE

                          (TO JACOB)
           I used to order that every time.
          She closes her menu.

                          WINNIE (CONT'D)
           I'm not really hungry.

           82.

                         

                         

                          GORDON GEKKO
           I've been following your career,
           Winnie. Senator Lehigh said some very
           nice things about you in The American
           Prospect interview.

                          WINNIE
           Yeah. She's really been... very...
           supportive of my...
          And it trails off... as she just glares at Gordon.

                          WINNIE (CONT'D)
           I can't do this.
          She exhales, stands and looks down to Jacob.

                          WINNIE (CONT'D)
           I'm sorry. I can't do this.
          And she quickly walks off. Jacob frozen. Until Gordon looks
          over to him with...

                          GORDON GEKKO
           It's okay. This is a long term
           investment.

                          (BEAT)
           Go after her. She needs you.
          And Jacob does. As Gordon looks down... disappointed.

          INT. WEST 65TH - NIGHT

          Pouring rain. Jacob runs after her.

                          JACOB
           Winnie... Winnie...
          He turns her around.

                          WINNIE
           You don't understand.
          Her tears being washed away by the rain.

                          WINNIE (CONT'D)
           My mother couldn't handle Rudy. He
           was so out of control. I couldn't
           help him.
          Jacob takes her into his hold...

                          WINNIE (CONT'D)

                          (RE GEKKO)
           If he wasn't in prison... if he had
           been there. I know it would've been
           different.

                          JACOB
           Your brother's dead, Winnie.

           83.

                         

                         
          Squeezing her tight...

                          JACOB (CONT'D)
           Your father isn't.

                          WINNIE
           He's not the person people think he
           is.

                          JACOB
           It was a long time ago.
          She pulls out of his embrace...

                          WINNIE
           He'll hurt us. Can't we just go home?
           Please... Jacob. It's raining.
          And he just looks at her for a long moment... soaking wet and
          shivering... crying and exposed.

                          JACOB
           (what am I doing?)
           I love you. You don't have to do
           this.

                          (AND THEN)
           Let's just go home.

          INT. JACOB'S APARTMENT - NIGHT

          Darkness. The phone rings. Jacob answers it.

                          JACOB
           Yes.

          INTERCUT WITH...

                          BRETTON WOODS
           Your insurance companies are down.
          He's working a coffee in the master suite of The Black Swan
          Home...

                          JACOB
           Bretton.

                          BRETTON WOODS
           I want to increase our size.
          Glancing at the LCD, 12:23am...

                          JACOB
           Okay. Good. It's just a matter of
           time before they turn. I'll call the

                          DESKS TOMORROW--

                          BRETTON WOODS
           Jacob, I want you to triple our
           positions on all three.

           84.

                         

                         
          Jacob takes a beat.

                          JACOB
           Okay.

                          BRETTON WOODS
           And they better fucking go up.
          Click. And as Jacob just looks at the phone...

           GORDON GEKKO (PRELAP)
           The instant you know you're in trouble
           is the exact moment when a sound
           investment thesis turns into blind
           hope.

          INT. NORMA'S - MORNING

          Jacob sits across from Gordon at this well-known breakfast
          spot in the Parker Meridian hotel.

                          GORDON GEKKO
           Tripling the size... that's a very
           aggressive move.
          Jacob nods.

           GORDON GEKKO (CONT'D)
           And I promise you he's using leverage
           to do this.

                          JACOB
           He's chasing.
          Suddenly, a MAN approaches the table. He's in his thirties.

                          TOM
           Mr Gekko, I'm Tom Sanders. I write
           for Barrons.

                          GORDON GEKKO
           I've heard of it.
          Letting out a little laugh...

                          TOM
           I'm sure you have.

                          (BEAT)
           Well, I'm doing a piece of Wall Street
           moguls who ended up going to prison.
           I've already talked to Boesky and
           Milken and would love to sit down with
           you.

                          GORDON GEKKO
           Can you give me the cover?
          Tom isn't sure if Gordon's serious. Either is Jacob.

           85.

                         

                         

                          TOM
           Well, I... um... don't make those
           decisions.

                          GORDON GEKKO
           Get me the cover and I'll give you
           seventy minutes.
          Tom politely smiles.

                          TOM
           I'll... take that as a no.
          ... and goes. Gordon looks down to his breakfast and quietly
          asserts...

                          GORDON GEKKO
           (almost to himself)
           Both those assholes got the cover when
           they were convicted.
          And after a moment...

                          JACOB
           How do we know the insurance companies
           are going to continue going down?
          As he casually places his egg on a piece of toast...

                          GORDON GEKKO
           It's all going down.
          ... and takes a bite.

          AND THREE CHARTS NOW FILL THE SCREEN
          Side by side... above the charts are written respectively
          MCC, ACN and ISS.
          And we follow all the three trend lines from Aug 17th forward
          to the right... and they all move down.

           GORDON GEKKO (V.O.) (CONT'D)
           Just wait.
          And we stop in September. And as a blue circle is formed
          over Sept 13th on all three charts, we...

                          CUT TO:

          TIME WARNER CENTER/BALLROOM
          This is The Financial Follies... an annual event held by the
          financial writers association.
          500 people sit at tables, enjoying this dinner and live show
          that pokes fun at people in the world of finance.
          Everyone who's anyone in high finance is here.

           86.

                         

                         
          On the stage, the spotlight finds BILL MAHER and the applause
          breaks out...

                          BILL MAHER
           Welcome to the 2008 Financial Follies!

                          (APPLAUDS)
           I'm Bill Maher and I'm getting paid in
           Euros.
          Jacob shares a table with Bretton, Bretton's wife and a few
          other FINANCIAL PLAYERS. Winnie is not here.

           BILL MAHER (CONT'D)
           When The Financial Writers Association
           asked me to host an event for the
           world of finance, I was shocked. I'm
           known in Washington not Wall Street...

                          (BEAT)
           ... but then they informed me that
           Washington is actually in the process
           of buying Wall Street, so it all makes
           sense.
          Laughter...

           BILL MAHER (CONT'D)
           I asked them if anything's off limits.
           And they said to stay away from the
           brokerages, banks and insurers...
           (pause for effect, then...)
           ... where the fuck was that advice
           five months ago?
          More laughter.

           BILL MAHER (CONT'D)
           I see Sammy Rosen's here.
          The spotlight finds SAMMY ROSEN, billionaire hedge funder.

           BILL MAHER (CONT'D)
           Sammy, how are you?
          From his table...

                          SAMMY ROSEN
           Doing well.

                          BILL MAHER
           (to the room)
           Of course he is... in the amount of
           time it took for us to have that
           exchange, he made three hundred and
           nine thousand dollars.
           (back to Sammy)
           Sammy, let me give you some free
           advice, the next time someone with bad
           eyesight wants to sell you a hundred
           and fifty million dollar painting...
           don't let them personally deliver it.

           87.

                         

                         
          It's an inside joke that this room gets...

           BILL MAHER (CONT'D)
           Somebody told me Gordon Gekko is here.
           Gordon... ?
          Across the room, a spotlight finds Gordon...

           BILL MAHER (CONT'D)
           There you are. I have some inside
           information for you, Gekko... sex
           sells books, not bread lines.
          Gordon smiles and raises his glass up to Bill.

           BILL MAHER (CONT'D)
           Talk about your sour grapes.
           Seriously Gordon -- just because the
           SEC doesn't let you make obscene
           amounts of money by being wrong and
           nefarious doesn't mean you have to
           ruin it for all of these hard working
           people.
          The room applauds...

           BILL MAHER (CONT'D)
           Okay, we have a video to show now.
           It's a very detailed and academic
           account of the current mortgage
           crises. Let `er rip!
          And the room goes dark... and on the screen plays a childlike
          roughly illustrated stick-figure skit being narrated by
          children.

                         FIRST FRAME
          Under the caption "Main Street National Bank" is a drawing of
          a Poor Man sitting across from a Banker Man behind his desk.

                          POOR MAN
           I'd like a mortgage... I don't really
           have any money though... is that cool?

                          BANKER MAN
           Totally cool. Since housing prices
           are always going up it won't be a
           problem.

                          POOR MAN
           You guys are awesome!

                         NEXT FRAME
          Under the caption "A few weeks later at the bank..."
          Banker Man now stands over a pile of steaming shit.

           88.

                         

                         

                          BANKER MAN
           Wow, these mortgages are really
           beginning to smell. I better sell
           them to smart people.

                         NEXT FRAME
          Under the caption of "Smart People Investment Bank" Smart Man
          stands over the same steaming pile of shit.

                          SMART MAN
           Wow, these mortgages we just bought
           really smell. I better sell them to
           foreigners.

                         NEXT FRAME
          Under the caption of "The CDO Factory" our smart man oversees
          an assembly line of stick figure workers.

           SMART MAN (CONT'D)
           Mix those crappy mortgages in real
           good with the clean ones so the rating
           agencies won't smell them.

                         NEXT FRAME
          Under the caption of "Rich Man Hedge Fund" a stick figure
          named Rich Man sits behind his desk and holds a phone to his
          ear.

                          RICH MAN
           Good news, Smart Man, not only did
           foreigners buy those traunches, but so
           did school boards and charities and
           big pensions.

                          (BEAT)
           Why did they buy them you ask? Well,
           they were looking for a really secure
           risk-free investment and they were all
           triple A, so...

                         NEXT FRAME
          Under the caption "Norwegian Village Pension Fund" a
          Norwegian Man sits behind his desk and shouts into his phone.

                          NORWEGIAN MAN
           Hey man! What the fuck? We're not
           receiving our monthly payments!

                         NEXT FRAME
          Under the caption "Rich Man Hedge Fund," Rich Man at his desk
          on the phone.

                          RICH MAN
           Yeah, we fucked up.

           89.

                         

                         
          And it now shuffles between the last two frames... the
          Norwegian Man and Rich Man.

                          NORWEGIAN MAN
           What about the rating agencies?

                          RICH MAN
           Yeah, they fucked up too.

                          NORWEGIAN MAN
           What about the investment bank that
           put these CDO's together?

                          RICH MAN
           Fucked up.

                          NORWEGIAN MAN
           What about the bank that made the
           original loan?

                          RICH MAN
           Totally fucked up.

                          NORWEGIAN MAN
           What am I supposed to tell my
           villagers?

                          RICH MAN
           That you fucked up.
          The final frame
          Just the rendering of that steaming pile of shit under the
          caption... "The End."
          And the lights go on to a some subdued laughter and a
          smattering of applause.

                          BILL MAHER
           What a year -- enjoy the night!

          INT. FINANCIAL FOLLIES - LATER

          Desert is served. Jackets are off, cigars are lit, Bretton's
          wife has gone home. The group at the table is a little drunk
          and having a good time.

                          BRETTON WOODS
           It's a good question... what do you
           think, George?
          GEORGE, an investment banker at the table, thinks about it.

                          GEORGE
           The definition of rich... flying
           private.
          The table reacts... some agree, other don't. George turns to
          Jacob.

           90.

                         

                         

                          GEORGE (CONT'D)
           Jacob... ? What do you think?

                          JACOB
           To be rich... is to have the love of a
           good woman.
          They all boo...

                          JACOB (CONT'D)
           (with a smile)
           For real... I truly believe that.
          And Jacob turns to Bretton...

                          JACOB (CONT'D)
           Bretton... what's your definition of
           rich?
          An approaching voice answers it for him.

           VOICE (O.S.)
           To have twice as much money as you
           currently do.
          As he takes a seat...

                          GORDON GEKKO
           Isn't that what you always say,
           Bretton?
          Then... announcing to the table...

           GORDON GEKKO (CONT'D)
           He brings up the question, runs it
           round the table then finishes with
           that. It's an old bit.
          Also announcing to the table...

                          BRETTON WOODS
           Be careful Gordon...
           (looking at Jacob)
           ... your daughter's financial health
           is in my hands now.
          Jacob loses his smile... suddenly becoming uncomfortable.

                          GORDON GEKKO
           That's right.

                          (BEAT)
           And the way The Locust Fund has been
           buying up the insurance companies
           lately makes me worried about my
           future grandchildren's college
           educations.

                          JACOB

                          (TO BRETTON)
           I didn't tell him.

           91.

                         

                         

                          BRETTON WOODS
           No, I don't suppose you did.
          Bretton looks over to Jacob.

           BRETTON WOODS (CONT'D)
           Go ahead, Jacob, preach your book...
           defend your names.
          And Jacob turns to Gordon...

                          JACOB
           We have a proactive central bank, the
           charts show a clear bottom on July
           15th and these companies are trading
           at half of what they were six months
           ago.

                          GORDON GEKKO
           Just cause it's low don't make it
           cheap, Sport.

                          JACOB
           I read your book.

                          GORDON GEKKO
           It's not out yet.

                          JACOB
           I have a friend in publishing.

                          (BEAT)
           25% unemployment... stagflation...
           bread lines... Martial law...
           government seizures of assets and
           gold... end of democracy...
          Bretton leans back... taking in this sparring match.

                          JACOB (CONT'D)
           Really Gordon? Do you really need
           attention that badly?

                          GORDON GEKKO
           Since I have forty-four seconds to
           spare, I'm going to tell you a story.
           It's about a guy named Sam.
          And we go close on Gekko...

           GORDON GEKKO (CONT'D)
           Sam used to work a job, he made things
           and he grew things and he sold those
           things. Until one day Sam got a
           credit card and was amazed how easy it
           was to buy things with it. So Sam got
           another card and then another. Then
           he used the credit card money to make
           it look like he had an income... and
           he used that "income" to secure a
           loan.

                          (MORE)

           92.

                         

           GORDON GEKKO (CONT'D)
           And with that loan Sam bought a fancy
           BMW car and rented a fancy penthouse
           apartment.

                          (BEAT)
           Now, the credit cards hit their limit
           and the bank needed him to service
           that loan, so Sam went to his friends.
           His Chinese friend... and his Japanese
           friend... and his British friend and
           so on. And his friends loaned Sam
           money.

                          (ANOTHER BEAT)
           And that brings us to today... where
           Sam owes the credit cards and Sam owes
           the banks and Sam owes his friends and
           eventually they're going to take away
           Sam's fancy BMW car and his fancy
           penthouse apartment.
          And Jacob can now see... in Gordon Gekko's eyes... he truly
          believes every word he's saying.

           GORDON GEKKO (CONT'D)
           And Sam doesn't make anything anymore
           and Sam doesn't grow anything anymore
           so Sam doesn't sell anything anymore.
          As he stands...

           GORDON GEKKO (CONT'D)
           Our favorite Uncle Sam's desperate,
           Jake... and he just found a printing
           press in his basement.

                          (BEAT)
           So you tell me -- where do we go from
           here?
          And with that, Gordon Gekko goes.

                          BRETTON WOODS

                          (RE GEKKO)
           It is sad isn't it? That he can't
           just take his ball and go home.

                          (BEAT)
           That he has to piss on the whole game.

          EXT. 533 THIRD AVENUE - MORNING

          Rushed, Jacob heads through the lobby of his building. Diego
          catches his stride.

                          DIEGO
           (doing his best Howard

                          COSELL)
           Down goes Lehman! Down goes Lehman!
           Down goes Lehman!
          And Jacob just keeps walking...

           93.

                         

                         

          INT. THE LOCUST FUND/JACOB'S OFFICE - MORNING

          Jacob heads into the office to find Bretton sitting behind
          his desk.

                          BRETTON WOODS
           They're not going to save it. They're
           just going to let it bloody die!
          And sure enough... on the tv... Fox Business runs footage of
          Lehman Brother's demise. On the screen, the chyron screams:

          $700 BILLION GOVERNMENT BAILOUT TO THE BANKS!

           ALEXIS GLICK (ON TV)
           And as another US banking institution
           collapses, Congress is working quickly
           on a bailout package that will
           distribute over three hundred billion
           dollars to other banks in trouble.
          Bretton turns off the tv and looks to Jacob with...

                          BRETTON WOODS
           We're getting fucking killed.
          And Jacob looks up to his electronic ticker...

          MCC $18.53 -2.34, ACN $12.04 -1.35, ISS $7.03 -.65.

                          JACOB
           It's capitulation.
          Bretton holds Jacob's look... fighting to keep his composure.
          Until... he simply stands and offers Jacob his desk back.

                          BRETTON WOODS
           Then buy more.
          Jacob takes his chair and reaches for the phone.

           BRETTON WOODS (CONT'D)
           Cost us down to current levels.
          Jacob looks up, surprised.

           BRETTON WOODS (CONT'D)
           It's just a question of time before
           this turns around... right?
          And he glares at Jacob.

                          JACOB
           Right.
          Bretton just stares nervously at the electronic ticker... a
          frazzled gambler talking himself into his bet.

                          BRETTON WOODS
           Fuck it.

           94.

                         

                         
          As he goes...

           BRETTON WOODS (CONT'D)
           Leverage is sexy.

          AND WERE BACK ON THE CHART
          As a circle forms on Sept 16th then travels down the trend
          line and stops.
          And as a circle is formed around the Sept 24th, we...

                          CUT TO:

          INT. JACOB'S APARTMENT - NIGHT

          LCD reads 4:43 am. Jacob lays awake... staring at the
          ceiling.

           WINNIE (O.S.)
           I would hear him in the kitchen.
          Jacob turns to see she's awake.

                          JACOB
           I'm sorry, you have an early train.
           I'm going to just go to the office
           now.
          She leans up.

                          WINNIE
           He didn't want to keep my mother awake
           so he'd go into the kitchen and sit
           there. I could hear him because my
           room was right up the back stairs.
           I'd go and sit with him sometimes.
           We'd eat ice cream.
          Jacob gets out of bed and throws on his robe.

                          WINNIE (CONT'D)
           I was only eight but I could tell he
           was worried about something and that
           made me worried.
           (softly, almost to herself)
           Then the market would go back up and
           he would sleep through the night
           again.

                          JACOB
           It's not the market, Winnie.
          As he sits on the edge of the bed...

                          JACOB (CONT'D)
           It's just that I haven't been able to
           sleep through the night since...
          The thought trails off... she leans up and kisses him.

           95.

                         

                         

                          WINNIE
           I wish I could tell you something was
           going to come along that would make it
           better but I can't. It's just going
           to take time, Jacob. A lot of time.
          And she looks into his eyes...

                          WINNIE (CONT'D)
           Have you been counting Fridays?
          He slowly nods.

                          WINNIE (CONT'D)
           I still count Tuesdays.

                          (BEAT)
           All seven hundred and twenty eight of
           them.
          He leans over and kisses her forehead.

                          JACOB
           Go back to sleep.
          And he goes...
          After a beat, she sees Jacob's wallet.

                          WINNIE
           (calling out after him)
           Jacob, you forgot...
          She jumps out of bed, grabs the wallet and goes after him,
          but... it opens up and Winnie notices the picture inside.
          And she stops, staring at that picture.
          Her and her father on that white horse... taken years ago.
          A picture she knows she never gave to Jacob.

          INT. THE LOCUST FUND/JACOB'S OFFICE - MORNING

          Jacob heads in and turns on Fox Business...

           BRIAN SULLIVAN (ON TV)
           It's a complete unmitigated bloodbath
           out there. The S&P tried to rally at
           about 10am but it was met with yet
           another brutal wave of selling and
           people... we're now at our lows for
           the day, the week, the month and the
           year.
          Jacob looks up at ticker on the wall.

          MCC $15.13 -3.40, ACN $10.10 -1.96, ISS $5.14 -1.89.

           96.

                         

                         
          And he stares at that ticker... at the The Locust Fund's
          methodical death.
          Suddenly...

           BRETTON WOODS (O.S.)
           Are you happy?
          He stands in the doorway holding a drink.

           BRETTON WOODS (CONT'D)
           We're done.
          And Bretton CHUCKS the drink against the wall and the glass
          shatters. Jacob takes a step back.
          Bretton's in a complete state as he walks over to Jacob's
          desk and SWIPES it clean... papers flying about.

           BRETTON WOODS (CONT'D)
           Finished...
          Now he picks up the chair...

           BRETTON WOODS (CONT'D)
           Bank notices...
          ... throws it against the window... which cracks.

           BRETTON WOODS (CONT'D)
           Margin calls...
          As he punches the monitor of Jacob's Bloomberg...

           BRETTON WOODS (CONT'D)
           Redemptions...
          And Jacob just stands there... wide-eyed. Just looking at...

                         BRETTON WOODS
          Face full of sweat... blood all over his hand... hair strewn
          about... completely out of breath... bloodshot red eyes... a
          beaten down mess of a man.

                          JACOB
           What happened to composure, Bretton?

                          BRETTON WOODS
           Well, I suppose it went to hell with
           your fucking insurance stocks.
          And Bretton calms down, walks to the window.

           BRETTON WOODS (CONT'D)
           It's not making sense to me anymore.
           The market always made sense to me and
           for the most part... I was better than
           it... quicker than it.

                          (MORE)

           97.

                         

           BRETTON WOODS (CONT'D)

                          (BEAT)
           But it's moving too fast now and it
           looks like the world is going to shit
           anyway.
          And he faces Jacob Moore.

           BRETTON WOODS (CONT'D)
           If I unwind the fund now I'll still
           walk with six hundred million or so.
          And Jacob's face falls... this is news to him.

                          JACOB
           What?

                          BRETTON WOODS
           It's time to call it a day. Spend
           more time with my family. I suppose
           this moment comes for all of us.

                          JACOB
           You still have six hundred million?
          Bretton vacantly nods.
          And Jacob Moore... trying his best to hide his
          disappointment...

                          JACOB (CONT'D)
           (almost to himself)
           That's a fortune.
          With a shrug...

                          BRETTON WOODS
           I guess it's all relative.
          Bretton then takes a moment... confirming to himself that
          this is the right decision... then finally looks over to
          Jacob with...

           BRETTON WOODS (CONT'D)
           And Jacob -- you're the worst
           portfolio manager I've ever seen.

          INT. CENTRAL PARK - DUSK

          Sheep's meadow... painted in the soft light of sunset. Fresh
          off his morning run, Gordon wears a sweat suit and works a
          vitamin water. Jacob approaches in his suit.

                          JACOB
           He wants to close the fund... he wants
           to ride off into the fucking sunset...

                          GORDON GEKKO
           Okay...

           98.

                         

                         

                          JACOB
           No, it's not okay... because we're so
           fucking close... and he's going to
           walk with six hundred million dollars
           and that's unacceptable.
          And Gordon sighs in defeat...

                          GORDON GEKKO
           I don't know what to tell you, Pal.
           You wanted to make him bleed, I wanted
           my daughter back...
          As he walks...

           GORDON GEKKO (CONT'D)
           ... looks like life brings
           disappointment to us all.
          And Jacob... as he matches Gordon's stride... in a complete
          state.

                          JACOB
           What happened to slaughtering men,
           Gordon? What happened to turning them
           into penny-ante brokers in
           Poughkeepsie?
          Gordon stops walking.

                          GORDON GEKKO
           Look at you. This can't possibly be
           the man my daughter fell in love with.
          Jacob turns away.

                          JACOB
           I want to finish the job.

                          GORDON GEKKO
           Why?

                          JACOB
           Because nobody gave a shit about me
           before Andrew Zabel came along.
           Because he didn't deserve what he got.

                          GORDON GEKKO
           The universe is an efficient market,
           Kid... we all get what we deserve.

                          JACOB
           Did you?
          Now it's Gordon who looks away.

                          GORDON GEKKO
           I know you cared about him... and I
           know how that motivates. But Jacob...
           he wasn't such a Saint.

           99.

                         

                         
          And with that, Gordon Gekko heads on his way...

                          JACOB
           What's that supposed to mean?

                          GORDON GEKKO
           You don't want to know.
          Jacob steps forward... shouting out after him...

                          JACOB
           I'm sorry she doesn't want anything to
           do with you, Gordon -- I'm sorry she
           doesn't love you!
          Gordon stops walking. Turns...

                          GORDON GEKKO
           Okay Jake... you want to know.
          Jacob sharply nods.

           GORDON GEKKO (CONT'D)
           Did you ever think about it? I mean
           really think about it? How someone
           could make money year after year...
           even through bear markets?
          Jacob just stands there... listening...

           GORDON GEKKO (CONT'D)
           On November 15th, 1903 an Italian man
           arrived aboard the S.S. Vancouver in
           Boston. He had two dollars and fifty
           cents to his name. Yet just a few
           years later he was millionaire. You
           wanna know how? He had invented a
           scheme... it was quite simple
           actually.
          And Jacob now steps forward... piecing it together...

                          JACOB
           No...

                          GORDON GEKKO
           He would get people to invest with him
           by offering larger than normal returns
           then pay the old investors with the
           new investors money. As long as there
           was fresh money, he could keep going.
           Do you know what his name was, Jacob?
           It was Charles...

                          (BEAT)
           Charles Ponzi.

          FLASH TO AN OLD BRICK BUILDING
          "Jenkov Foundation For Brain Research" above the door...
          RESEARCHERS in lab coats coming in and out of it.

           100.

                         

                         

           GORDON GEKKO (V.O.) (CONT'D)
           Research facilities...

          THEN TO A COLLEGE CAMPUS
          STUDENTS walking the quad... wearing backpacks and
          socializing...

           GORDON GEKKO (V.O.) (CONT'D)
           And scholarships...

          THEN TO A BIKE PATH
          Somewhere in Florida. A COUPLE in their 70s enjoying a
          beautiful day... riding bicycles side by side...

           GORDON GEKKO (V.O.) (CONT'D)
           And retirees...

          AND RIGHT BACK TO CENTRAL PARK
          Gordon steps forward...

           GORDON GEKKO (CONT'D)
           All of them went to bed thinking they
           were perfectly fine... are going to
           wake up to find they're completely
           wiped out...

                          JACOB
           You're lying.

                          GORDON GEKKO
           I'm not, Son. I wish I were.
          Jacob just stands there... stunned with what he's hearing.

           GORDON GEKKO (CONT'D)
           See Jacob, you knew how to get that
           out of me. By playing me off of what
           I really want... my daughter back.

                          (BEAT)
           So you need get Bretton back in the
           game... play him off of what he really
           wants.
          And off Jacob's reaction...

          INT. 15TH STREET DINER - NIGHT

          Jacob shares a table with our Morgan Stanley Portfolio
          Manager.

           MORGAN PORTFOLIO MANAGER
           It's ugly out there dude. I wake up
           everyday wondering if today's the day
           we're going under.

           101.

                         

                         

                          JACOB
           I know. But I do have something for
           you...
          And as Morgan Portfolio Manager leans forward in
          anticipation...

          INT. TOYOTA DEALERSHIP - DAY

          As Jacob and Hedge Fund PM walk the floor... checking out the
          new 2009 Prius.

           HEDGE FUND PM
           I was going to get the new Maserati,
           but... you know...
          Jacob slowly nods. Then...

                          JACOB
           So I heard something earlier today...

          EXT. RIVERSIDE PARK - DAY

          As Jacob jogs with our blogger from Streetaccount.com.

                          BLOGGER
           It's so much better working out
           outdoors... that gym was so stuffy.

                          JACOB
           Not to mention expensive.

                          BLOGGER
           Right.

                          JACOB
           So, you've obviously heard the rumor?
          And Blogger looks over to Jacob... he hasn't.

          INT. STREETACCOUNT.COM OFFICES - MORNING

          As our blogger from the gym sips his coffee, fires up his
          computer and starts to type...

          INT. THE CAPITAL FUND/NEW YORK OFFICES - MORNING

          As Hedge Fund PM stands up to present to the team with a
          confident smile...

          INT. MORGAN STANLEY/PRIVATE CLIENT GROUP OFFICES - MORNING

          As Morgan Portfolio receives the digital receipt... "1209
          instant messages sent."

          EXT. 15 CENTRAL PARK WEST - NIGHT

          As the cab stops outside of the building...

           102.

                         

                         

          INT. BRETTON WOODS'S OFFICE - NIGHT

          As the thunder claps outside. Jacob stares at the Goya
          painting... Saturno Devorando a sus hijos Saturn. The man
          being eaten alive.

           BRETTON WOODS (O.S.)
           I don't like unannounced visits.

                          JACOB
           United Bancorp is going under. Wells
           Fargo has stepped up but the offer is
           insanely low.

                          BRETTON WOODS
           I know all this.

                          JACOB
           You still have the fund and you still
           have the leverage that comes with it.
           You want out of the game... buy a
           bank.
          Bretton skeptically regards Jacob.

                          BRETTON WOODS
           Why are you doing this?

                          JACOB
           Because I got you into those insurance
           companies... because I let you down...
          And Bretton... biting his lip in thought...

                          BRETTON WOODS
           I don't like the mortgage toxic waste.
           It can't be quantified... and it
           spreads...

                          JACOB
           I worked it out already. You wouldn't
           have to take it.

                          BRETTON WOODS
           How'd you do that?

                          JACOB
           Well, Wells won't insure the Zabel
           institutional money. It's against
           their policy.
          And then...

                          JACOB (CONT'D)
           I told them you would.

                          BRETTON WOODS
           Then who would take on the mortgage
           securities?

           103.

                         

                         

                          JACOB
           Uncle Sam.
          Bretton slowly nods... taking all this in...

                          BRETTON WOODS
           So, I'd get the bank, the KZI assets
           including the institutional fund yet
           none of the mortgage securities.
          As Jacob leans forward... going in for the kill...

                          JACOB
           You could actually own the bank your
           father toiled away at his whole
           career. Think about that, Bretton.
          Bretton just shakes his head.

                          BRETTON WOODS
           We're going to lose our credit. I'm
           facing margin calls.

                          JACOB
           So in order to stay in the game... we
           need fresh money.
          Bretton nods...

                          JACOB (CONT'D)

                          OLEG--

                          BRETTON WOODS
           (not going to work)
           Oil's crashing.
          Jacob thinks for a moment, then...

                          JACOB
           And how much do we need?

                          BRETTON WOODS
           Fifty, sixty million minimum... and
           that's just to hold off the current
           margin calls.
          And Bretton just sighs...

           BRETTON WOODS (CONT'D)
           God, de-leveraging is a bitch.
          Standing...

                          JACOB
           Sit tight. I'm going to get us the
           money.
          And Jacob goes... Bretton calling out after him...

           104.

                         

                         

                          BRETTON WOODS
           From who... ?

          EXT. UNION SQUARE BORDERS BOOKS - DAY

          "Moral Hazard! Why Wall Street Has Finally Gone Too Far" is
          now everywhere.
          In large cut outs and piles on tables and in the store's
          windows.
          Jacob arrives at the end of the line... New York's newest
          best selling author is having a book signing.

          AND GORDON GEKKO
          Signs a book and looks up at the LADY who gave it to him.

                          LADY
           I have a question... what exactly is
           "moral hazard?"
          With a smile...

                          GORDON GEKKO
           Short version -- taking risks you're
           not accountable for with other
           people's money.
          And the next person steps up and hands Gordon a copy.

                          JACOB
           He's going for it. We're almost home.
          As he signs it...

                          GORDON GEKKO
           There you go.

                          JACOB
           But he needs fresh money to serve the
           leverage. A hundred million.
          Gordon just shrugs.

                          GORDON GEKKO
           I'm a writer now. We don't make that
           much.
          As the line of people holding their new books start to get
          impatient...

                          JACOB
           I know that, but I figured you might
           know how to get it.
          Handing Jacob back the signed copy...

           105.

                         

                         

                          GORDON GEKKO
           Well, if you need money that badly,
           Jake... you might want to check closer
           to home.
          Off Jacob's confused reaction...

          EXT. THE MALL/WASHINGTON DC - DAY

          As they walk the mall... the Nation's Capitol behind them...

                          WINNIE
           It's a lot.

                          JACOB
           How much?

                          WINNIE
           I don't know, Jacob. I never really
           considered it mine.

                          JACOB
           But it is... right? It's your money?
          And she faces him... regarding his urgency...

                          WINNIE
           (glaring at him)
           You might want to wipe some of the
           drool off your face...

                          JACOB
           I'm not kidding. This is important.
          As they continue to walk...

                          WINNIE
           Yes, it's mine. When he went to
           prison, my father put a lot of money
           in our names. And when Rudy died it
           all became mine.

                          (BEAT)
           But it's in a trust. I can't get to
           it until I'm thirty-five and even then
           I was planning on giving it to
           charity.

                          JACOB
           Let's say I can figure out a way for
           you to get it. Take a loan against it
           -- something like that. Will you do
           that for me?

                          WINNIE
           Why are you doing this, Jacob?
          Jacob takes a moment... looking away with...

           106.

                         

                         

                          JACOB
           This is my only chance to make things
           right, Winnie.
          And she just regards him... not sure...

          INT. MILBANK,TWEED,HADLEY & MCCLOY LAW OFFICES - DAY

          As Jacob walks down the hall with KEN HADLEY, estate lawyer
          to Manhattan's elite.

                          HADLEY
           Gordon couldn't invest any of his
           money so he put most of it into the
           children's names with directions on
           how it was to be invested.

                          (BEAT)
           He definitely knew what he was
           doing...

                          JACOB
           And how could Winnie get it now?
          Hadley stops walking and thinks about it.

                          HADLEY
           Well, she'd have to sign a reversion
           of trust document. That way the funds
           would revert back to their pre-trust
           posture and regulations.

                          JACOB
           So all she has to do is sign a piece
           of paper?

                          HADLEY
           Basically.
          As that registers...

                          JACOB
           How much is in there?

                          HADLEY
           It's complicated. There's private
           equity ownership, real estate, a very
           large position in a bank... all sorts
           of investment vehicles.

                          JACOB
           Ballpark it for me.

                          HADLEY
           I don't know. Assuming immediate
           liquidity... over three hundred
           million.
          And with that, Jacob sets to go. But...

           107.

                         

                         

                          HADLEY (CONT'D)
           Of course... Gordon would have to sign
           the document as well.

          AND GORDON GEKKO
          In the make-up chair of the Fox Business channel green room,
          speaks into his phone.

                          GORDON GEKKO
           You also would need the trust's
           executor to sign it.

          INTERCUT WITH...
          Jacob as he walks down 5th avenue...

                          JACOB
           Who is that?

                          GORDON GEKKO
           Sammy Redding. He's a lifelong
           friend. It won't be a problem.

                          JACOB
           What about you?

                          GORDON GEKKO
           I would love to sign it, Jacob.
           Consider it done.
          Walking down 5th avenue...

                          JACOB
           Thank you. Thank you, Gordon.

                          GORDON GEKKO
           Just after you agree to two things.

                          JACOB
           Anything.

                          GORDON GEKKO
           Before Bretton buys the bank, he must
           use all of Winnie's money and all the
           Locust Fund's leverage to go against
           the market. They're about to pass
           this bailout and I want to be on the
           other side of it.

                          (BEAT)
           This thing's going to hell in a bucket
           and I'm sick of being on sidelines,
           Pal.

                          JACOB
           But what about--

                          GORDON GEKKO
           It's just for a few weeks then it's
           right back to our plan.

           108.

                         

                         
          Accepting that...

                          JACOB
           Okay.

                          (AND THEN)
           What's the second thing... ?
          And as that hangs...

                         WINNIE GEKKO
          As she starts to sign the forms... we're in...

          INT. MILBANK, TWEED, HADLEY & MCCLOY/CONFERENCE ROOM - DAY

          Silence. A clock ticks. A large table. Three LAWYERS sit
          on one side. Winnie and Jacob on the other and Gordon at the
          head.
          Winnie finishes signing the forms then slides them back to
          Hadley who hands them to Gordon.
          Jacob takes her hand but she pulls it away.
          And after Gordon signs the papers, they all stand.
          Gordon just looks at Winnie, who's now looking back at him.
          Tears beginning to well.
          And he slowly opens his arms...

                          GORDON GEKKO
           Winnie... come here... you're all I
           have left now.
          And she slowly walks over to him... to his embrace...

           GORDON GEKKO (CONT'D)
           He was my only son. And I messed that
           up. I messed it all up, I know that.
          She's now crying.

           GORDON GEKKO (CONT'D)
           But please... forgive me...
          And confirming through her tears...

                          WINNIE
           You always get what you want, Dad.
          And Jacob Moore... witnessing this strange reunion...
          realizing how right she is...

          INT. JACOB'S OFFICE - DAY

          Jacob's on the phone in his office, watching coverage of a
          vote on the Senate floor...

           109.

                         

                         

                          JACOB
           (into his phone)
           Okay, it looks like this bailout's
           going to pass...

          SPLIT THE SCREEN
          Robby, with a phone to his ear...

                          JACOB (CONT'D)
           (into his phone)
           ... there's going to be an initial
           bounce...

          SPLIT THE SCREEN AGAIN... AND AGAIN... AND AGAIN...
          Each time to another broker with a phone to their ear... our
          six brokers from before...

                          JACOB (CONT'D)
           (into his phone)
           We're going to sell that bounce.

          AND THEN FOX BUSINESS NEWS COVERAGE
          Day by day... Alexis Glick starting off the day's coverage.
          And each new day finds Alexis in a different outfit with a
          different headline above her head.
          We don't hear her, it moves quickly and it's ugly.

          "BAILOUT PASSED -- MARKET RALLIES"

           JACOB (V.O.) (CONT'D)
           First we're going to unload all of our
           positions in the insurers.

          "DOW REVERSES COURSE TRADES BELOW 10,000"

           JACOB (V.O.) (CONT'D)
           Then we're going to go the other
           way... we're going to bet against this
           market... aggressively.

          "DOW LOSES 2400 POINTS IN 4 SESSIONS

           JACOB (V.O.) (CONT'D)
           Against the S&P, the Nasdaq, the
           Dow...

          "MARKET CRASH CONTINUES"

           JACOB (V.O.) (CONT'D)
           ... the financials, China, India,
           Brazil...

          "WORLD MARKETS SIGNAL DEPRESSION AHEAD"

           110.

                         

                         

           JACOB (V.O.) (CONT'D)
           ... the brokerages that are still
           left, all the froth from the last two
           years...

          AND WERE BACK ON THE CHART
          As a circle forms on October 10th then travels the trend line
          down even further to late October and stops.

           JACOB (V.O.) (CONT'D)
           Gentlemen, anything that can be
           sold... we're going to sell.
          And as a circle is formed around the date of October 27th,
          we...

                          CUT TO:

          INT. 533 THIRD AVENUE/LOBBY- MORNING

          Jacob gets off the elevator and sees Diego who doesn't say
          anything.

                          JACOB
           What? No market joke today?
          Diego just shrugs...

                          DIEGO
           It stopped being funny.
          Jacob softly nods and heads on his way.

          INT. JACOB'S OFFICE - DAY

          Jacob heads in to find Bretton waiting for him.

                          JACOB
           I thought you were in London.
          Jacob nods.

                          BRETTON WOODS
           The United Bancorp deal is going to go
           through. I've begun unwinding all our
           positions.

                          JACOB
           But our deal with Gordon was that we
           have to stay short until November 5th.
          Bretton just looks at him.

                          JACOB (CONT'D)
           What?

           111.

                         

                         

                          BRETTON WOODS
           Jacob, Gordon redeemed all his money
           yesterday. We're clean with him.
          And this hits Jacob like a ton of bricks...

           BRETTON WOODS (CONT'D)
           Is something wrong?

                          JACOB
           No. No, everything's great.
          Forcing out a smile...

                          JACOB (CONT'D)
           Let's go buy a bank.

          INT. 655 PARK AVENUE/HALLWAY - NIGHT

          As the LANDLORD walks down the hall with Jacob and Winnie.

                          JACOB
           Thank you, he hasn't answered his
           phone and we're very worried.
          The landlord nods and unlocks the apartment door for them...

          INT. GEKKO'S APARTMENT - DAY

          And they walk in to find the place completely empty.
          Everything's gone save for one thing... that framed picture
          of the woman filling her stove with money.
          Jacob slowly walks over to the it and stares it down...

                          JACOB
           He played me...
          She joins his side...

                          JACOB (CONT'D)
           He played us.

                          WINNIE
           I don't give a shit about the money.
          And she turns to face him.

                          WINNIE (CONT'D)
           This is who he is.
          He sucks in a deep breath, then...

                          JACOB
           I lied to you. I contacted him. I
           spent time with him. Without you
           knowing.

           112.

                         

                         

                          WINNIE
           I knew.

                          JACOB
           You knew?

                          WINNIE
           I saw the picture in your wallet.

                          JACOB
           Then why didn't you say anything?

                          WINNIE
           Because I wanted to give you a chance
           to say something first.

                          (BEAT)
           Because I love you, I really do.
          She takes off the "fuck you" ring...

                          WINNIE (CONT'D)
           And because I desperately wanted to
           find something in you to believe in.
           (shaking her head in

                          DISAPPOINTMENT)
           But Jacob... you've become that exact
           thing I've been trying to master...
          ... and places it into his palm.

                          WINNIE (CONT'D)
           ... you've become him.

          INT. MILBANK, TWEED, HADLEY & MCCLOY OFFICES - MORNING

          Hadley sits behind his desk.

                          HADLEY
           It's completely legal, Jacob. The
           funds reverted back to the pre-trust
           posture... that means the money was
           technically Gordon's again.
          Hadley just shrugs...

                          JACOB
           But he's not allowed to trade.

                          HADLEY
           He didn't trade.

                          JACOB
           He put the money into the hedge fund,
           that's considered capital investment.

                          HADLEY
           Jacob, Gordon never put the money into
           a hedge fund. He simply took control
           of the bank.

           113.

                         

                         

                          JACOB
           Bank? What bank?

                          HADLEY
           Hudson River. I told you about the
           position in the bank.
          Jacob's stunned...

                          JACOB
           Hudson River... ? I don't understand.

          SLAM INTO/BUCHANAN NEW YORK
          A sleepy town...

           HADLEY (V.O.)
           Well, Gordon had placed his Hudson
           River shares into the trust before he
           was convicted. You do know he started
           out there?
          A rental car parks out front of a small bank. Jacob emerges
          and heads for the bank...

           HADLEY (V.O.) (CONT'D)
           Okay, then the trust aggressively
           acquired more shares about two years
           ago... enough to have a controlling
           position in the bank.
          And Jacob stops walking when he sees... a group of angry
          depositors forming outside and a sign hanging in the
          doorway... "Closed."

          AND RIGHT BACK TO
          Jacob and Hadley...

                          JACOB
           But how? Gordon wasn't allowed to
           control the trust.

                          HADLEY
           That's right. All of the trust's
           moves were made by its executor.

                          JACOB
           Sammy Redding?
          Confused...

                          HADLEY
           Sammy Redding? Who the hell is Sammy
           Redding?

                          (BEAT)
           Jacob, the executor of Winnie's trust
           has always been Bretton Woods.
          And as that slams into Jacob Moore...

           114.

                         

                         

          INT. BOEING 767 - NIGHT

          As Jacob takes his seat and settles in for the long flight.
          He's flying commercial... and in coach.

          EXT. LONDON - DAY

          It's raining and gray.

          INT. REDMAYNE AND BENTLEY BROKERAGE - DAY

          As Jacob walks the hallowed halls of this old school stock
          brokerage with the MANAGER...

                          JACOB
           So we're throwing Bretton's birthday
           party at Balmoral.

                          MANAGER
           Well, we're very proud to have such a
           resounding success hail from these
           hallowed halls I assure you.

                          (BEAT)
           We've been trying to get Bretton to
           come back and speak to our younger
           brokers, but... he's a hard man to
           reach.

                          JACOB
           That's funny because he often speaks
           about his days here at Redmayne and
           Bentley... anyway, what I'm hoping you
           can help me with were records of his
           early trades. Years ago.

                          (BEAT)
           We think it'll be fun to bring up some
           of Bretton's real losers from when he
           was starting out... you know we all
           have dogs.

                          MANAGER
           Of course... but it is against policy
           to allow just anyone to see those
           records.

                          JACOB
           I completely understand. How about
           this? I'll make you a trade.

                          (BEAT)
           You let me see the records for
           Bretton's party...
          And with a killer smile...

                          JACOB (CONT'D)
           ... and I'll make sure Bretton gives
           your young brokers a speech that will
           blow them away.

           115.

                         

                         

          INT. REDMAYNE AND BENTLEY BROKERAGE/RECORDS HALL - LATER

          As Jacob looks over the old documents... trading ledgers from
          twenty-five years ago.
          Down the list we see him circle all the unusually large
          successful trades. And then follow them to the client # on
          the right side of the ledger.
          And Jacob realizes it's the same client # every time. Client

          #41.

                          JACOB
           Wow, Bretton -- you really kicked some
           ass for client forty one.
          Finally Jacob turns to the back of the ledger, to the client
          key, where he moves the pencil down to client #41 and it
          says... Gordon Gekko.

                          JACOB (CONT'D)
           (all making sense now)
           Bud Fox wasn't the only one.

          INT. IMPRESSIVE TOWNHOUSE - NIGHT

          Jacob waits in the large entry hall... holding a cheap
          umbrella he bought at Heathrow.
          And down from the stairs walks...

                          OLEG
           It's been a bitch of a month, my
           friend... tell me this visit does not
           bring bad news.

          INT. OLEG'S LIBRARY - NIGHT

          Oleg sips his vodka and looks at Jacob.

                          OLEG
           You want me to audit The Locust Fund?

                          JACOB
           That's right. I want you to tell
           Bretton you need the official records
           of all the fund's activity starting
           with when you gave him the original
           two hundred million. You need this
           because The Russian Federal Tax
           Service is up your ass and you have to
           play ball with them.

                          OLEG
           And if he declines... ?

                          JACOB
           You'll have no choice but to pull your
           money.

           116.

                         

                         
          Oleg lights a cigarette... exhaling the smoke with...

                          OLEG
           And why would I do that?
          And Jacob leans forward...

                          JACOB
           Because if you do this for me, Oleg,
           I'll teach you the Andrew Zabel magic.
           I'll explain to you, in detail, all of
           his techniques... I'll give you all
           his secrets... it's less complicated
           than you might think.

          INT. LONDON MOTEL ROOM - DAY

          Darkness, until... a phone rings. Jacob wakes up and takes
          it.

                          JACOB
           Hello... Okay, thank you.
          He moves to the curtains then opens them.
          And the daylight spills in.

          INT. OLEG'S LIBRARY - DAY

          Oleg slides four encyclopedia-sized bounded stacks of
          printouts across his desk.

                          OLEG
           All the Locust Fund's trades for the
           last two years.
          Jacob nods, placing them into his bag.
          And Oleg lights a cigarette... looks right at us...
          excited... leaning forward with...

                          OLEG (CONT'D)
           Now give it to me. Let me behind the
           Andrew Zabel curtain...

          INT. 767 - DAY

          As Jacob flies back to New York. He flips through the Locust
          Fund trading ledgers, shaking his head in disbelief.

          INT. WINNIE'S APARTMENT - MORNING

          Winnie answers the door to find...

                          JACOB
           They were working together. Your
           father and Bretton.
          Walking back into the apartment...

           117.

                         

                         

                          WINNIE
           Jacob, what are you doing here?
          Following her in...

                          JACOB
           Gordon wanted the trust the whole
           time. And when I came to him seeking
           revenge... he saw his window.
          Upset, she looks for her keys.

                          WINNIE
           I have to go to work.

                          JACOB
           Bretton owed him a favor because he
           fed your father information twenty
           three years ago when he was a young
           broker in London and your father never
           ratted him out.
          She just looks at him... shaking her head... and not in
          disapproval... but in pity. But he keeps going.

                          JACOB (CONT'D)
           And he never put the money into
           Bretton's fund. Turns out your trust
           had built up a controlling position in
           Hudson River Bank.

                          WINNIE
           That's the bank he worked at when I
           was born.

                          JACOB
           Well, now he owns it. Or shall I say
           pilfered it before he went AWOL.

                          (BEAT)
           And that money wasn't even the
           bank's... it was taxpayers'... bailout
           money.
          As this washes over a stunned Winnie Gekko...

                          WINNIE
           Jesus...
          And Jacob confirms...

                          JACOB
           He saw this coming years ago... from
           his cell. I'm guessing he made off
           with billions.
          And he throws something on the table.

                          JACOB (CONT'D)
           And now look?

           118.

                         

                         
          It's a copy of Portfolio Magazine with a picture of Gordon on
          cover under the headline... "Guess Who's Back and Getting
          Rich Betting Against You?"

                          JACOB (CONT'D)
           He's in London... giving interviews
           and being hailed as a genius.
           Everyone's buying his book and waiting
           to see his next move.
          Desperately trying to get her mind around this...

                          WINNIE
           But what about the SEC, the regulatory
           agencies-- ?

                          JACOB
           The government is flying this 700
           billion dollar airplane by the seat of
           it's pants. They don't know where
           half of the fucking money is going.
           And even if they did, do you think
           they want this out there?
          As this all washes over her...

                          WINNIE
           This is his revenge.

                          JACOB
           Yup... sure beats the hell out of
           insider trading, doesn't it?
          And Winnie finds her keys and heads for the door...

                          WINNIE
           I can't hear anymore of this.
          ... but Jacob steps in front of her.

                          JACOB
           I'm done. I sold everything. The
           ring. Everything. I gave back the
           KZI bonus. I'm out and I'm broke and
           I deserve it.
          And she just looks at him...

                          JACOB (CONT'D)
           But Winnie, the one thing I can't
           accept -- is losing you.
          And before she reacts...

          WERE BACK ON THE CHART
          As a circle forms on Nov 6th then travels quite a ways then
          finally stops. Unfortunately, this slope down the S&P
          trendline is quite pronounced.

           119.

                         

                         
          And as a circle is formed around Jan 24th 2009, we...

                          CUT TO:

          THE CABIN OF A BOEING 777
          As Jacob opens up a copy of Barron's... Gekko on the cover
          under the caption "What's His Next Move?"

          AND BRETTON WOODS
          In an official office of our Federal Reserve Bank, proudly
          signing the documents...

          AND ALONG THE BANKS OF THE PERSIAN GULF
          Dubai in the background. Jacob waits against a bench.
          And across the way he sees... approaching him... Gordon
          Gekko.

                          GORDON GEKKO
           Did you see Barrons?

                          JACOB
           You finally got the cover.
          Gordon nods.

                          JACOB (CONT'D)
           Everybody thinks you got rich of
           betting against the system. If they
           only knew...

                          GORDON GEKKO
           The powers that be will never let that
           happen.
          Jacob's not arguing it...

                          JACOB
           How much is enough, Gordon?
          Gordon laughs with a shake of the head.

                          GORDON GEKKO
           I've been asked that before...

                          (AND THEN)
           They took a hundred, twenty two
           thousand, six hundred and forty hours
           from me... for a goddamn victimless
           crime. All the while I sit in my 8 by
           12 and watch real crooks by the
           thousands give out mortgages like
           candy, package them into unexplainable
           derivatives and spit the cancer out
           into the world.
          And he just shakes his head...

           120.

                         

                         

           GORDON GEKKO (CONT'D)
           And when I get out... who's there
           waiting for me? Nobody.

                          (BEAT)
           You better believe I'm going to get
           mine.

                          JACOB
           You're not going to miss America?

                          GORDON GEKKO
           I'll always have America... it's why
           I'm here. I'm buying the island.

                          (BEAT)
           I know it's kitschy but it's fun and
           good for business.
          Looking over the water...

           GORDON GEKKO (CONT'D)
           I have a lot business abroad now.
           Interests in an Australian copper
           mine, a German solar company, some
           Russian oil pipelines, a casino in
           Macau... see Jake, America just isn't
           where the action is anymore.

                          JACOB
           What happened to the precious
           depreciating asset of time?

                          GORDON GEKKO
           It still trades...
          And he turns to Jacob with a smile...

           GORDON GEKKO (CONT'D)
           ... but I'm a billionaire now, Pal.

                          JACOB
           I'm out, Gordon, I'm done trading.

                          GORDON GEKKO
           I don't know why. You pulled it off,
           Kid, you took him down -- granted with
           my help -- but you atoned for Zabel's
           sins with Bretton's money.

                          (BEAT)
           As I see it, you're just getting
           started.
          And Jacob stops walking then slowly turns to Gordon with...

                          JACOB
           Did you ever really want to reconcile
           with her?

                          GORDON GEKKO
           (of course I did)
           I'm human.

           121.

                         

                         
          Glaring at him...

                          JACOB
           Then why did you do it?
          And Gordon... strongly holding Jacob's glare... simply
          replies...

                          GORDON GEKKO
           Same answer.

                          JACOB
           But it didn't work.
          Gordon sadly shrugs...

                          GORDON GEKKO
           I've been trying to wire two hundred
           million into her bank account but she
           won't accept it.

                          JACOB
           I know. She doesn't want it... we
           don't want it.

                          (BEAT)
           Because it's not about what you
           have... it's about what you do. And
           Gordon -- it's never about the money.
          Gordon shakes his head.

                          GORDON GEKKO
           That sounds good. I bet you can even
           wrap it in a pretty red bow. But
           Champ, it's idealistic... and idealism
           kills every trade.

                          (BEAT)
           Winnie will realize that at some
           point... and then we'll be fine.
          And Jacob finally looks away... in pity.

           GORDON GEKKO (CONT'D)
           See Jacob -- the hustle we all fall
           for is actually thinking we can fight
           what's inherent, what's inevitable...
           that we can somehow undo what
           genetics, or God, or whatever name you
           wanna tag it, has placed deep inside
           of us. Because whether it's greed or
           revenge or the compulsion to chase...
           it all amounts to the same thing...
           loss of control. And it's always
           going to be there and it's always
           going to be stronger than you, Pal.
          Now walking again...

           122.

                         

                         

           GORDON GEKKO (CONT'D)
           It's why bubbles will always exist and
           it's why we're all currently in this
           mess.
          Joining Gordon's stride...

                          JACOB
           Winnie's pregnant.
          And Gordon stops walking.

                          JACOB (CONT'D)
           It's going to be a boy.

                          GORDON GEKKO
           What do you want?

                          JACOB
           It's bad out there, Gordon, people are
           panicked. They're not looking to
           their government. They're not looking
           to their trusted advisors. They're
           looking to you.

                          GORDON GEKKO
           You want me to buy?
          And Jacob Moore... slowly confirming...

                          JACOB
           Publicly and aggressively.
          Gordon just looks at him.

                          JACOB (CONT'D)
           But they're all lemmings. Simple
           psychology. You once said every crash
           should have a JP Morgan to step in and
           save it.

                          (BEAT)
           Well Gordon -- this is your chance to
           be JP Morgan.
          And now Gordon shakes his head...

                          GORDON GEKKO
           We're far from the bottom. It'll be a
           dead cat bounce.

                          JACOB
           It'll buy us time. That's all I'm
           asking for... time.

                          (BEAT)
           Time for the new administration to put
           their plan into action.

                          GORDON GEKKO
           What do I get in return?

           123.

                         

                         
          As Gordon turns... takes in the city of Dubai... in all of
          its ridiculous splendor...

                          JACOB
           Full clemency.

                          GORDON GEKKO
           You can offer that?

                          JACOB
           Your daughter can. She works with the
           new Secretary of Treasury now.
          Considering that...

                          GORDON GEKKO
           What else?

                          JACOB
           Winnie. Me. Your grandson.
           Something money can't buy... a family.
          And Gordon looks at him for the longest moments, allowing it
          all to register, then...

                          GORDON GEKKO
           Sorry son -- that's simply a trade I
           cannot make.
          And as Gordon Gekko walks off... leaving Jacob Moore
          behind...

           GORDON GEKKO (V.O.) (CONT'D)
           You wanna know what the mother of all
           bubbles was? Us. The human race.
           Scientists call it the Cambrian
           Explosion, from the Cambrian fauna.

          AND RONALD REAGAN NATIONAL AIRPORT
          As Jacob heads into the baggage claim area to see Winnie
          waiting for him...

           GORDON GEKKO (V.O.) (CONT'D)
           It happened 530 million years ago...
           when all of the sudden, there was the
           seemingly rapid appearance of most
           major groups of complex animals.
          And as they embrace...

           GORDON GEKKO (V.O.) (CONT'D)
           And from it was born humanity.

          AND GORDON GEKKO
          Being led through a massive empty space... office space...

           124.

                         

                         

           GORDON GEKKO (V.O.) (CONT'D)
           It was an explosion of life.
           Scientists will tell you it was
           unprecedented, excessive and by the
           standards of evolution-time...
           happened in a flash.
          The City of London outside the large windows...

           GORDON GEKKO (CONT'D)
           Suddenly the world had millions of new
           species... just like that.
          This will be the home of his new international empire.

          AND BRETTON WOODS
          At his desk in his 15 CPW penthouse...

           GORDON GEKKO (V.O.) (CONT'D)
           See -- bubbles are the purest form of
           Darwinism.
          ... looking over pages and pages of destruction... Andrew
          Zabel's legacy that he now has to pay for...

           GORDON GEKKO (V.O.) (CONT'D)
           They teach us what we didn't know and
           they remind us of what we forgot...
          And Bretton completely loses it... just starts ripping out
          the pages then tearing them in two...

           GORDON GEKKO (V.O.) (CONT'D)
           They kill excess and they lean out the
           herd.
          ... methodically... page by page... over and over again...

          AND GORDON GEKKO
          Sitting in his massive London office.
          It's empty. It's night. He's completely alone.
          He looks up at the wall... at the framed picture of JP Morgan
          and Uncle Sam rowing that boat.
          Then he looks down at an old picture of Winnie... she's
          probably three or four years old... and lovingly holding her
          baby brother, Rudy.

          And Gordon holds on this picture for a long moment, before
          finally...

           GORDON GEKKO (V.O.) (CONT'D)
           They actually bring us back to the
           necessary simple...

           125.

                         

                         
          ... picking up the phone.

          AND GORDON GEKKO
          Now in the back of a Town Car... we don't know where...

           GORDON GEKKO (V.O.) (CONT'D)
           Because Jacob...
          As the door opens, daylight spills in and we see the charging
          bull of Bowling Green Park across the way...
          Gordon is escorted out of the car and led to the doors of the
          New York stock exchange.
          And Gordon stops at the famed doors, takes a moment to regard
          the exchange, sucks in a deep breath, readies for his hero's
          welcome and finally... opens the doors then disappears
          inside.

          AND WINNIE AND JACOB
          Greet the morning in their small Washington DC apartment.
          Winnie pouring coffee, Jacob turning on the TV.
          And on the screen is a picture of Gordon Gekko walking the
          floor of the New York stock exchange under the graphic...
          "Gekko Now Betting On A Recovery."

           GORDON GEKKO (V.O.) (CONT'D)
           ... you'd be amazed what can rise from
           the ashes.

          Sam Cooke's "A Change Is Gonna Come" kicks in.
          And we go close on the Fox Business Channel's coverage of the
          market's huge rally of an opening... with Gordon Gekko
          ringing the bell... until the channel suddenly changes... to
          the cartoon network... while we...

           FADE OUT.

                          


Wall Street: Money Never Sleeps



Writers :   Allan Loeb
Genres :   Drama


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