Law & Order: Criminal Intent (2001–2011): Season 1, Episode 22 - Tuxedo Hill - full transcript

A female financial executive is framed for murder and blackmailed to hide her company's illegal stock practices.

In New York City's war on crime,

the worst criminal
offenders are pursued

by the detectives of
the Major Case Squad.

These are their stories.

It's almost 1:00.

I'm trying to get
some information here.

There's something in this Mattawin
quarterly report that I can't figure out.

Bill... It's not like
I'm looking at porn.

This is about our
retirement money.

Well, I wish it was porn. It
might inspire you to come to bed.

I'll be there in five minutes.



I got this off the web.

It looks like Tuxedo
Hill's hedged losses

are coming back to Mattawin. I
can't understand how that happened.

They've got the biggest accounting
firm in the world doing their books.

I'm sure they understand
how it happened.

But, don't hedged losses have
to have a locked-in sales value?

I've been your broker for
10 years, and God bless you,

you're the biggest
pain in the ass.

I'm just trying to understand what
these quarterly reports are saying.

They send them to me to read,
they should make sense, no?

I'm supposed to talk to my
guy at Mattawin tomorrow.

I'll see what he says.

Usually when brokers tell me they
have complaints from shareholders,

I don't pay attention, but
Venturelli's a smart guy.



Have you discussed
this with anyone else?

No, maybe the
lawyers can come up

with some language before the
next earnings estimates come out.

All right, Harold, thank
you. I'll look into this.

Ms. Dawson, the plumbing contractor's
calling. He's out at the house.

Put him through.
Thank you. Okay.

Dawson: The hedged
losses are one thing.

The bigger problem is
how the company's stock

is being used to
generate a gain.

I'm not sure I follow.

Mr. Troy, this method
of calculating earnings

violates the basic tenets of
accounting. It might even be illegal.

This is a missile aimed at
the heart of the company.

Mattawin may
implode because of it.

I put it all in this memo.

I think we should delay releasing our
earnings estimate until this is resolved.

Thank you, Elizabeth.

I finalized the
earnings estimate.

I'm about to send it
around for signatures.

Elizabeth Dawson was just in my
office. You should read this, Jack.

Thank you so much for watching
her tonight. Nanny: No problem.

See you tomorrow.

Woman: Aw, they're not open yet.

Man: Aw, I still
got to take a leak.

Hey, what are you doing here?

There's a little girl over here!

Where are your parents?

What's this in your pocket?

It's a business card for
an Elizabeth Dawson.

Come on, honey, let's
get you warmed up.

Oh, jeez. Her coat's
covered in blood.

She was brought in
about 45 minutes ago.

She hasn't said boo to anybody.

Have you tried
calling Ms. Dawson?

We called the office number on
the card, got an answering machine.

There was blood on her parka?

It's not hers. She
has no injuries.

She just told us
her name. Jennifer.

Jennifer.

"Jennifer Juniper." Your
mommy ever call you that?

Jennifer, do you know
where your mommy is?

Mommy's hurt in the head.

When you were with
Mommy, what did you see?

Everything was dark.

Were your ears working?

- What did you hear?
- I heard birdies.

And what about
your little nose...

could you smell anything?

Mommy was stinky.

Well, what did she smell like?

Like fireworks.

They found her. Off
Richmond Avenue.

Four miles from the diner.

She's alive. They're
just getting her out now.

Her leg was trapped
under the steering.

Jen...

- Where's her other glove?
- She wasn't wearing it.

Firefighter: All
right. Let's go.

- You smell booze on her?
- Goren: No.

I don't smell gunpowder in here.

I didn't smell it on her either.

It might have dissipated during
the time she was lying here.

Or the kid made it up.

Kids don't make up that stuff.

Fancy mints.

I want a CSU team to
go through this vehicle

for prints, blood, fibers.

And I want Ms. Dawson
checked for gunpowder residue.

Kids don't make up that stuff.

Dawson: The last
thing I remember...

I picked up Jennie
from our nanny's house.

I strapped her
into her car seat.

Then nothing.

I heard Jennie crying...

the car was in the ditch.

How did Jennie get out?

Dawson: Me, I unhooked her.

I thought nobody would find us.

I told Jennie to go get help.

She was so brave.

Eames: We've been trying
to locate your husband.

He's in California on business.
We're getting a divorce.

Where does your nanny live?

Brooklyn.

Goren: What were you
doing on Staten Island?

I don't know.

You were wearing only one
glove when we found you.

Do you know what
happened to the other one?

I don't know.

I want to see Jennie.

I don't know what happened.
I don't remember anything.

Of course, Mr. and Mrs.
Dawson have arguments...

Who will have Jennie,
how many days,

but it was months ago.
Everything is okay now.

Do you usually babysit
Jennie at your house at night?

No. Mrs. Dawson,
she worked late.

I had to go home for my
boys, so I bring Jennie.

What was Mrs. Dawson's
mood? Very tired.

She worry a lot.

About what? Her husband?

A boyfriend?

Maybe she has a boyfriend.

She doesn't talk about
such things with me.

But, you noticed.

When does she see this guy?

Weeknights, weekends?

Weeknights, maybe.

Weekends she goes to
house in Hamptons with Jennie.

That's all I know.

Okay, thank you for
coming in, Ms. Wiazemsky.

The officer will show you out.

Dawson has a boyfriend,
identity unknown.

Good for her.

Her husband has a Smith &
Wesson .38 special, duly licensed.

We reached him in San Diego.

He says Ms. Dawson kept custody
of the weapon for self-protection.

Is this going somewhere?

Far as I can tell, this is a
car wreck. Not our business.

The lab found minute traces of
gunpowder residue on her coat.

Deakins: Underline minute.

Ms. Dawson has no idea how
she ended up on Staten Island.

Maybe the belt
parkway was jammed,

she decided to take
the long way home.

We checked traffic
reports, no traffic jams.

What are you saying
happened here?

We don't know. But the
woman has access to a gun.

There's a report of
a gunpowder smell.

Deakins: From a child.

Something for the
rest of the class?

The mint wrapper in the ashtray.

English brand, Dover's,
black peppermint,

very tangy. An acquired
taste. About $50 a box.

Only one US distributor with
maybe a hundred customers.

So she likes mints.

Unless a murder victim
turns up, this is a car wreck.

What about a murder weapon?

Ms. Dawson had
possession of a handgun

licensed to someone
she's legally separated from.

That's a violation right there.
And grounds for a search warrant.

It's ridiculous. Ms. Dawson
wouldn't have a gun in here.

She'd have to
get it past security.

You mean the old lady
downstairs knitting a sweater?

Excuse me. I'm Karyn Milner.

I'm the office manager for the
division. What's going on here?

We're executing a search
warrant. The gentleman has a copy.

A gun?

Why on earth are you
looking for a gun here?

That's what we do. We
already searched her home.

How well do you know Ms. Dawson?

As well as anybody here.
She's a very honest person.

Goren: You happen
to know her boyfriend?

Elizabeth rarely
discusses her private life.

Meaning, sometimes she does?

Do you mind giving
us a couple of minutes?

Goren: So, what
did she tell you?

I mean, if she's as
honest as you say she is,

you shouldn't have
a problem answering.

A few days ago, I found
her crying in the ladies' room.

She was upset
because she thought

her boyfriend was
cheating on her.

Well, any details?
Boyfriend's name or...?

No.

I think she was embarrassed
to have even said that much.

Sorry.

I have to get back to my desk.

Unlucky at love. I
hope she plays poker.

You see these invoices?

Uh-huh, from a plumbing contractor,
for her house in the Hamptons.

You notice the date? Labor and
materials for work done two Saturdays ago.

A plumber who works weekends.

When the lady of the
house is in the house.

"Rob Palnick,
Plumbing Contractor...

Tottenville." That's still
on Staten Island, isn't it?

They're keeping me one
more night for observation.

Well, don't rush it. We
want you back at 100%.

The earnings estimate has
to be filed by end of the week.

We're still waiting
for your signature.

Jack, I told Mr. Troy I'm not signing
until certain issues are addressed.

I know. He showed me your memo.

You should've come
to me, Elizabeth.

That would've been a
job-terminating move.

You can't actually believe that?
Not after all these years with the team.

Did your assistant call you?

The police searched
your office this morning.

I heard they also
searched your home.

Oh my God. I don't
understand what they're doing.

You should be very careful,
Elizabeth. Get yourself a lawyer.

And never forget, as much as
you help us, we can help you.

Mr. Palnick, it's the police.

Goren: Excuse me?

Have you seen Mr. Palnick?

His truck hasn't moved
since Tuesday night.

You saw him Tuesday?

I heard him come home
around half past 10:00.

Then I heard his TV
go on. Nothing since.

Want to take bets those are
from a .38 Smith & Wesson?

I've told you, I don't
remember anything.

That's not the same as denying
it. Of course she denies it.

Misplacing her
husband's handgun...

Deny or don't remember? It
was in the lockbox at home.

The lockbox was empty.

I don't understand it.

I didn't kill Rob. I couldn't.

You met him while
you were still married?

No. After I was
separated. He was...

You want a mint?

No, thank you.

You were saying... about Rob?

He was very kind,
very... respectful.

He made me laugh.

You sure you don't want one?

They're real zesty.

They're English,
black peppermint.

Goren: I had to special order
them. I don't like peppermint.

Can she go on?

Sure.

Er, he made you laugh?

I'm not saying it was
going to turn into anything,

but... he was the only
real person I knew.

And the people at
work, your friends...

They're not real?

It's different.

Are you sure don't want
some mints for your daughter?

She doesn't like them.

I don't know why I'm talking to
you, you're not even listening.

We listen. We noticed
you left out the part

about being upset Rob
was cheating on you.

What are you talking
about? Rob wasn't cheating.

Somebody found you crying
in the executive washroom.

- You deny...
- Yes.

Or don't remember? We can
help fill in the holes for you.

- You drove to Rob's
place to confront him.
- No. I don't believe that.

You had an argument,
you lost your temper?

- No, it's not possible. I'd remember that.
- Maybe you're blocking it out.

- I don't...
- Enough.

The next word my client says on
record, will be at her arraignment.

Are you sure?

Attorney: Your
bail can be revoked

if you miss even one
court appearance.

I can't believe this
is happening to me.

Elizabeth, we can't
afford to make mistakes.

They have very compelling
circumstantial evidence.

Now, look, I've got to go
back and talk to the ADA.

Are you going to
be all right? Yes.

Thanks.

Hello, is Jack Crawley there?

Can you interrupt
him? It's very important.

Tell him Elizabeth
Dawson needs to talk to him.

I was at the station on Richmond
Avenue, near Yukon Avenue.

I was filling up
my car with gas,

and I saw a silver SUV pull in.

What direction was it coming
from? From the expressway.

That young woman was
driving, the one in the newspaper.

That's why I called the
police when I saw the paper.

Deakins: And what
did the woman do?

She parked near the phone booth.

She used the phone,
just for a minute.

Then she got back in
her car, then she drove off.

- What direction?
- Back where she came from.

Toward the
expressway to the city.

This was around what time?

10:00, 10:15.

Can we get you anything? Okay.

Dawson would've been
on her way to Palnick's

when she pulled
into the gas station.

She might have
tried calling him.

10:15, he wouldn't
have been home yet.

So she turned around, headed
back to the city. This story clears her.

Mr. Nelson, how did
you pay for your gas?

Cash... $10. Self-serve?

Which side of your
car is your gas tank?

You don't remember?

Because someone
usually fills it up for you?

You go to the full-service pump.

Your hands...

you keep them flat.

You have arthritis?

It hurts to close them?

That's why you don't
pump your own gas.

I do when I have to.

I want to pull some
records on Mr. Nelson.

Reporter: As we head into the
closing minutes before the bell,

one of the strongest
performers today

has been Mattawin
Corporation, now up about 3.5%.

That coming on the heels
of a better than expected

earnings estimate
for the coming quarter.

And there is the closing bell.

Meaning Mattawin's closing
number for the day is 86 and 5/8.

Bonus time!

Congratulations, everyone.
We worked hard for this.

Worked as a team.

And we can enjoy
the rewards as a team.

We've been climbing this
mountain, some of us, for 15 years.

The summit is in sight!

I have been to the
top of the mountain,

and I'm here to tell you,

the sky is even bluer
than you've dreamed.

If we keep up the hard work,

keep believing in
ourselves, in our team,

we'll see those
blue skies together.

You'll notice we have a
few bottles of wine over here.

I don't know anything about
this, but our friend Michael Gergen

tells me we have
some mighty fine wine.

"Chateau Petrus 1946."
How much is this a bottle?

- $11,000.
- Group: Whoa!

- Are you sure
we'll have enough?
- I ordered five cases.

Jack: Enjoy everybody.

Phone booth records
show a one-minute call

to Palnick's number at
10:17. The gas station records

show a sale of $10 worth of
gas at around the same time.

The old guy's story checks
out. Ms. Dawson's off the hook.

Charles Berke will be happy.

- Who's Charles Berke?
- He works at Mattawin. Same as Ms. Dawson.

He's an accountant.

Oh... and he's our
witness' son-in-law.

Carver: What's the
implication here?

That Mattawin's trying
to help a key executive?

Except Nelson's
story checks out.

There was a call to Palnick
from the phone at the gas station.

There was a sale
of $10 worth of gas.

Then it's a coincidence Mr. Nelson's
son-in-law works for Mattawin.

Except the cashier doesn't
remember Mr. Nelson.

Someone bought $10 worth of gas,
but it might not have been Mr. Nelson.

Is it possible Ms. Dawson did?

That she was laying the
groundwork for her alibi

on her way to
killing Mr. Palnick?

We showed her photo to the cashier.
He doesn't remember her or her SUV.

Well, if not Ms. Dawson,
nor Mr. Nelson, then who?

We have no idea.

Except the same day that
Mr. Nelson came to see us,

Mattawin's stock
price jumped up 3.5%.

Eames: That would
make it two coincidences.

One more and it's a conspiracy.

Jack: We issued a
favorable earnings estimate.

Simple as that. Didn't your
friends at the SEC tell you?

- They did.
- Well, they were right.

They also told us you filed the
estimate on the last possible day.

Was there a
problem getting it out?

No, just our legal department
doing the usual due diligence.

Our friends at the SEC sent
us a copy of the estimate.

There's a list of signatures at
the end... the first name's yours.

Because I'm the CFO.

That's the Chief
Financial Officer.

That's right. CFO, CEO...

VPCF.

- I'm not familiar
with that acronym.
- Oh, I just made it up.

Yeah, Vice President
of Corporate Finance.

That's what Elizabeth Dawson is.

Her signature's on here, too.

It's required by the SEC.

Eames: Even though
she's accused of murder?

There is a presumption
of innocence.

What happens if,

for some reason, Ms.
Dawson hadn't signed?

Well then, we couldn't
file the earnings estimate,

and the SEC would want to
know why. There'd be an inquiry.

That's what our friends
at the SEC told us.

I tried to read this.

You guys, you
make a lot of money.

What is it exactly
Mattawin does?

We buy and sell
land and water rights.

Eames: Buy and
sell, land and water.

Pretty much covers everything.

It seems most
that of your profits

came from your investment in
something called Tuxedo Hill.

Is that some kind of
land development?

No. Do you mind?

Just...

The blueprint for a house? Yes.

Antigua... is that
offshore? That's offshore.

I know that's a dirty
word these days.

You must be doing
well, Mr. Crawley.

I'm not in this for my health.

Are we done here?

Er... no. What is Tuxedo Hill?

Our friends at the SEC, they
couldn't tell us anything about it.

The Tuxedo Hill Group

is a special purpose partnership

capitalized by third-party equity
to hedge certain Mattawin assets.

We have no idea
what you just said.

I don't have time to give a primer
on capital assets management.

So, if you'll excuse me?

Look at that water.

Is this off the
coast of Antigua?

Er, yeah.

It's paradise.

This is that gorgeous woman
that we met last time, Karyn...

- Karyn Milner.
- Karyn Milner... Karyn Milner.

Was this at a company picnic?

Er, no. Ms. Milner
and I are engaged.

Now you know the big
secret around the water cooler.

I don't know where
that match was made,

but it wasn't in heaven.
What a snake-oil merchant.

The snake oil he's
selling is Tuxedo Hill.

He wasn't anxious
to give us the recipe.

Well, maybe there's a place
we can find the ingredients...

Internet chat rooms
for stockpickers.

I've been trying for a month to get
a straight answer about Tuxedo Hill.

The whole thing
doesn't make sense.

Tuxedo Hill's supposed
to use third-party equity...

Outside investors... To
protect Mattawin's assets.

But to me, it doesn't look like
those assets are being covered.

And the company rep told
my broker," Don't worry,

it's probably just an
accounting mistake."

Your broker was happy
with that explanation?

He told me the company
rep even brought it up

with the VP of
Corporate Finance.

Elizabeth Dawson.

Yes, he said she was
going to follow up on it.

I don't know what you're
worried about, Mr. Winnick.

Mattawin stock keeps going up.

Yeah, sure, except I
got a little crystal ball

called the
credit-protection market.

It's where banks and big lenders
go to buy insurance on their loans.

And the price of insurance on
loans to Mattawin has been going up.

Banks see Mattawin
as a bad credit risk?

But are they going to tell
the average man? No way.

These bastards. They're like a bunch
of frat boys playing crooked poker,

only they're using our money.

Maybe some subpoenas will
get us a seat at that poker game.

I looked at all the filings, disclosures
and offerings. The bottom line is,

these outside investors Tuxedo
Hill's supposed to have, they don't exist.

The investors are Mattawin executives
and board members using Mattawin stock.

I don't understand.

All you need to know is,
Mattawin uses Tuxedo Hill

to hide losses and
generate paper profits...

which they count
as actual profits.

To boost Mattawin stock prices.

Look at it this way, they're taking
air out of the Mattawin balloon,

to fill the Tuxedo Hill balloon, which is
being used to fill the Mattawin balloon.

They're just pushing hot
air around. A Ponzi scheme.

Close. The numbers are
big... hundreds of millions.

And this is what they needed
Ms. Dawson to sign off on?

Then it's time to go after
Mattawin and Tuxedo Hill.

Accountant: And all the other
entities they spun out of Tuxedo Hill.

There's a dozen other companies,
one for each category of assets.

You got mineral rights, residential
real estate, transportation...

Goren: "PoolTrans."
For Mattawin's fleet.

Cars, trucks, small boats...

We need a search
warrant for a private jet.

The DA got every piece of paper
from the regulatory agencies.

Legal says the next wave of subpoenas
will come by the end of the week.

This time, they'll be
knocking on our door.

Crawley: I want to make it clear we
intend to comply with any subpoena.

- Give them everything we have.
- I understand perfectly, Jack.

Everything we have when
they hand us the subpoena.

Eames: We'll need to see
your flight manifest for that week.

Pilot: It's aboard the plane.

It's a tight fit. Fine for me.

Yeah, Tuesday morning I picked up two
passengers in Memphis and flew them here.

- Arrival time was 8:30.
- And Tuesday night?

Back to Memphis with
the same two gentlemen.

Departure time was 1:20 a.m.

It's a tight fit in here.
Do you have any mints?

Er...

Who were these two gentlemen?

Mattawin employees.

- The names aren't
noted on the manifest?
- Eames: No.

We had instructions to
pick them up in Memphis.

It's Dover's.

These are the Rolls-Royce of
mints. I thought you might stock these.

PoolTrans was on the customer
list the distributor sent us.

What's he going to do?

Look for evidence you
transported two murderers.

She has no memory of
pulling into that gas station.

But, if that's what your witness
said she did, that's what she did.

And the murder charge
should be set aside.

That's up to my
counterpart on Staten Island.

My concern is
something else entirely.

And what is that?

Quid pro quo.

One hand washing the other...?

Mattawin's earnings estimate.

It's your signature.

You traded it for a witness

who'd get you off the hook.

If you're implying she
was suborning perjury...

We know why you wouldn't
sign in the first place.

You knew that Mattawin

was using Tuxedo
Hill to "cook the books."

You tried to do
the ethical thing...

Then along came this murder rap.

They offered to help you.

"Witness-in-a-can"... As
long as you signed this.

Attorney: Elizabeth, we
don't have to listen to this.

No. They're right.

We are such a crooked
company, we deserve to get caught.

I knew in my gut that
I hadn't killed Rob,

but I was desperate. I
was thinking of Jennie.

I called Jack Crawley.

I swear, I did not kill Rob.

We happen to believe you.

It's the mints... The
ones that you don't like.

The ones from the company jet.

We found the same
wrapper in your truck.

Eames: Somebody left it there.

The same somebody who knocked you
unconscious outside your nanny's house,

who rolled your
car into the ditch...

Goren: Who stole the
gun from your home...

and shot Rob Palnick.

They planted just enough
evidence to implicate you.

Eames: And just enough evidence
to form the basis for an alibi.

Goren: You were damned with
one hand and saved with the other,

just to get your signature
on a piece of paper.

Those sons of bitches.

But, we're curious as to the
motive of their financial shenanigans.

Was it to increase the
value of their Mattawin stock?

That wouldn't help them.
They have stock options.

They're locked in. They can't sell
them without letting the SEC know.

And then that would start
a run on the company.

No, it had to be the bonuses.

They get bonuses every time
Mattawin stock hits a target price.

How much, these bonuses?

Walter Troy got 10.5 million.

Jack Crawley, 7.5.

Michael Gergen, 3.3...

For this, they killed Rob!

He never did anything to them.

What were they thinking?!

I doubt they gave
it any thought at all.

We need to pry this
murder conspiracy apart.

Elizabeth Dawson
alone won't get us there.

Her credibility is tainted.

We need another way
to get to Jack Crawley.

So far he's been able
to insulate himself.

There might be one thing
he left flapping in the wind.

Karyn: It's what I
told you the first time.

She was in the
bathroom, she was crying.

She thought her boyfriend
was cheating on her.

- Don't you people take notes?
- Ms. Dawson says it never happened.

Why would I lie about
something like that?

To make her look guilty.

To give her a motive
for killing her boyfriend.

And why in the
world would I do that?

Because your fiancé,
Jack Crawley, asked you to.

Jack is the smartest, most
dedicated man I have ever met.

He built Mattawin into a winner

through hard work and
pure business genius.

Not to mention a little
smoke, a few mirrors.

If I had any doubts
about Mattawin,

I wouldn't have invested my savings,
nor that of my parents, into the company.

That's a cute
dog. Isn't it cute?

- What's his name?
- Ebit.

Ebit.

Is that because he's such...

an itty-bitty, little doggy?

No. Jack came up with it.

He said it's the first thing
you learn in business school.

It's short for "EBITDA"...
"Earnings before interest,

taxes, depreciation"...

"amortization."

Look at this collar. It's
diamonds. It's stunning.

Yes. Jack surprised me with it.

Well, he has excellent taste.

Yes. But I nearly
spoiled the surprise.

How's that?

I walked in on him when he
was ordering it on the phone.

Really? What did
you hear him say?

I heard him say that he
wanted to buy a collar.

That's funny.

You heard him on the
phone buying a collar.

What's so funny about that? He
was ordering it from a catalogue.

Diamonds and dogs. All
the best friends a girl needs.

Crawley bought a lot of
collars the last six months.

He did?

We need material
witness warrants

for Jack Crawley
and Karyn Milner.

We're throwing them
an engagement party.

Well, I made it clear I was happy
to cooperate with your investigation.

The witness warrant
was unnecessary.

It was the DA's
idea. What can I say?

Please, have a seat.

The questions
that I have for you...

have to do with the way
Mattawin calculates earnings.

I don't know anything about
that. I'm not an accountant.

I don't understand
what you need to...

What's Jack doing here?
Just listen, Ms. Milner.

Goren: and about the
questions being raised

on the way Mattawin
calculates profits.

The District Attorney,
and the SEC,

they'll all have their
accountants, and we'll have ours.

It'll be "dueling accountants."

And you're saying that
you don't understand

how Mattawin
calculates earnings?

No, I'm saying that I rely

on what the accountants
and auditors tell me.

And they told me
it was appropriate.

Don't you read your
own financial statements?

I'll let you in on corporate
America's dirty secret...

Financial statements
are Rubik's Cubes.

Confusion and mystery
are built into the design.

They are meant to be
inscrutable, unknowable.

Then how does a guy like
me know what stocks to buy?

Ask your Aunt Minnie.

She knows as much as anyone.

The market is 20%
perception, 80% emotion.

Do you think that
high tech crashed

because people stopped
using computers? No. It was fear.

It was a bubble.

My dear Detective, it's all a
bubble... the Dow, the NASDAQ,

the AMEX, it's
all one big bubble

that floats on the dreams and
ambitions of every American.

It may contract, it may expand,

but it will never burst,

because of the ingenuity
of the American capitalist.

Wow, you've given me a lot
to think about, Mr. Crawley.

I'll be right back.

This is a smart
man you're marrying.

I know.

Would you like to join
him? We're almost done.

Yes, I'd like to.

Have a seat.

We just have a
few things to cover.

Ms. Milner heard
what you had to say,

and I imagine she had much
the same reaction as I do.

Your words...

filled me with confidence.

If I had money right now, I'd
buy Mattawin stock. Wouldn't you?

Without a doubt.

That's why you invested
your pension in Mattawin.

You work for a company,
you invest in the company.

- I'm sure all the employees did.
- Karyn: Of course.

Because management
encouraged you to buy stock...

To lock in the pension plan
in the company's bright future.

Yes.

And you... you own millions of
dollars of Mattawin stock options?

I don't keep track
of their exact worth.

Ts-sss...

But you hold on to those stocks

because, you know, you
believe in the company.

And if you sold them, you'd
have to report it to the SEC,

and that would
send a terrible signal

out into the
investment community.

Yes.

And the only
reason why you'd sell

is if you thought Mattawin was
in serious trouble... which it isn't.

That's correct.

Your fiancée told us you
bought a collar a few months ago.

A dog collar for her dog.

Oh... yes, no... of course.

You thought I was talking
about another collar, didn't you?

No, I don't... no.

It's another new
expression that I've learned...

"buying a collar."

Do you want to explain to
your fiancée what it means?

Maybe I should.

It means collaring your
position on your stock options.

It's a quiet way of
dumping your stocks

without sending up a flare
as to what you're doing.

It's something you've done
a lot of the last six months.

Goren: In fact...

you've sold all your
Mattawin stock...

for a net profit of $73 million.

He didn't tell you?

Maybe he was waiting
for your wedding night.

You sold it all?

Karyn...

You told me to put everything
I had into the company...

Everything my parents had.

And all this time
you've been selling?

It doesn't matter.
We'll be married.

Eames: After he makes
you sign a pre-nup.

You bastard.

You weasel!

You never even cared about me!

No! No!

He told me to lie to
you about Elizabeth.

He set her up!

He said that she
wasn't a team player!

A team player?

Yeah... the team was a lie.

A lie.

Well. Put your hands
behind your back, please.

No, look, I can give you names.

Goren: Too late.
There's the closing bell.

The Memphis people. I
can get you their names.

Jack Crawley, you're
under arrest for murder.

No... look, I'll give
you Walter Troy,

and Michael Gergen. Gergen knew!

Your trading days
are over, Mr. Crawley.

No! No, look, you're
going to need me!

And what can you offer
to make up for the misery

you prepared to wreak on
thousands of people who trusted you?

What fanatics do to us
with guns and bombs,

you tried to do with
an accounting trick!

Don't you think for a minute

that you deserve anything
better than they do.

I'm going to make an
announcement to the press...

and then I'm going
to call my broker.