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Options (1996)

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  Summary  

Jack lilelin, a Vancouver-based trader with Gardner Ross, shows up at their Toronto office with a plan to move from the trading floor into corporate finance. He meets with Cedric Ross, the eponymous controlling shareholder of Gardner Ross, who initially balks at the idea of making him an investment banker but agrees to further consideration if Jack can land a coveted mining company IPO for firm. Jack hustles to find the location of a poker game that the owner of Graykirk Mining, Gerald Graykirk, is playing and bribes his way into the game. During the poker game Jack connects with Gerald Graykirk and, while sharing a limousine ride later, convinces him to let Gardiner Ross lead the IPO. Despite an attempt to undermine the deal by Adam, Gardner Ross leads the Graykirk IPO, taking 40% of the $300M issue but endangers its ability to survive to do so. The firm only survives the offering with some deft market maneuvering led by Jack and the head trader, Marty Stephens. As per his deal with Sally, Jack becomes a director of Gardner Ross.

After ignoring a securities commission investigator, Cedric Ross is dramatically arrested at the firm for embezzlement. In detention, it is implied that since Ross previously had dealings with the judge who refused to grant him bail on the grounds that he might be a flight risk, his lawyer might be justified in arguing that judicial bias is the cause for his bail to be denied. Later, while still in prison, Cedric Ross has a heart attack.

Back at Gardner Ross, the directors of the firm are discussing an offer from a larger investment bank when the economist daughter of Cedric, Sally Ross, enters. Her father has transferred his controlling share of the firm to her to prevent Adam Cunningham from selling Gardner out to a larger investment bank.

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Whole or part of the information contained in this card come from the Wikipedia article "List of Traders episodes", licensed under CC-BY-SA full list of contributors here.