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 51
Eric’s wife reports he is home; Sam sends Will and Seth to bring him back before the firm’s enforcers intervene.
- Scene 52
Tuld tells Sarah she will take the blame and must remain at the bank until the markets close.
- Scene 53
Jared asks Will to lead the sale if Sam refuses; Will maintains that he and Sam share the same judgment.
- Scene 54
This scene
