When a junior analyst discovers exposure that could wipe out his investment bank, its executives race to unload the danger on their customers while a veteran executive confronts the price of helping them survive.
- Scenes 1–12
The bank’s surviving employees return to familiar routines after firing Eric; Sam manages the floor while his dog is dying.
- Scenes 13–23
Peter uncovers a threat to the firm’s survival and forces Will and Sam to respond.
- Scenes 24–33
Peter’s work travels upstairs; Sam and the juniors enter Jared’s executive world and expose the scale of the risk.
- Scenes 34–44
Management checks the model, debates its implications and brings Tuld into the emergency.
- Scenes 45–46
Tuld offers a way for the bank to survive: sell before everyone else understands the risk; Sam names the price in broken trust.
- Just before
- Scene 45
Peter explains the exposure to Tuld, who orders a same-day fire sale despite Sam’s warning that it will destroy customer trust.
- Scene 46
Alone with Tuld, Sam resists knowingly ruining clients; Tuld insists that the firm must get out first.
- Scene 47
Sam tells the younger men to remember the day; Will sends Seth to collect breakfast.
- Scene 48
This scene
