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The Enemy Within (1996)

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The episode begins with the director's meeting to find out who leaked the pipeline bid they lost in the previous episode. In response, they decide to enact tighter surveillance measures at the firm. Donald discovers that a bond trader at another firm bought shares in the pipeline before it was announced. Sally meets with the bond trader at a church. The bond trader tells her that, while having lunch in a clam restaurant, he heard a voice say that the pipeline company Sally's client was bidding on is going to be bought. Seeing nobody around him, he thought the voice came from God and proceeded to buy shares in the pipeline. Sally and Anton go to the restaurant where the bond trader who bought shares of the target pipeline company thought he heard voices from God. They discover an acoustic anomaly causing sound from one table to be clearly heard at another table. Sally asks the waiter to find out who was sitting at both tables the day that the bond trader thought he heard the voice God.

In hopes that the employee with the most to lose will expose himself/herself as the leak, Adam announces mandatory drug testing even though it's illegal. Upset at the drug testing announcement, Ann confides to Benny that she doesn't want to take the urine test because she has something to hide. Later, in an effort to defend Ann, Benny makes an outburst on the trading floor over the rumored drug testing while Adam is watching, leading Adam to believe that Benny was the leak. Adam, Marty and a compliance officer are having a heated discussion because Adam, sure that he is the leak, wants to fire Benny when Sally intervenes after finding out that the trader who bought the pipeline after thinking he heard God's voice actually heard Adam at another table. Sally then forces Adam to acknowledge to the rest of the firm that he was the leak. Adam later issues a statement acknowledging his impropriety. Ann later thanks Benny for protecting her. Adam returns to the restaurant with the acoustic anomaly to listen in on conversations.

Jack and Donald are approached by a Jewish man who wants to buy a company that made a catalytic agent that was used to rapidly decompose bodies, including those of his parents, during the Holocaust. His sole reason for wanting to buy the company is to dismantle it. Today, the catalytic agent is successfully sold as a composting product. Although the company was never tried, the grandson of the founders runs it today. When Jack and Donald come up with a way for their Jewish prospect to destroy the company he is targeting, he engages them. The Jewish client buys the target company's debt at a premium and then Jack commissions Susannah and the firm's lawyer to find a reason to send a receiver into the company. They discover that the company went above their debt to book equity ratio thereby putting them in breach of a loan agreement before the Jewish client bought their debt. Since the previous debt holder did not waive the breach, it gives the new debt holder the right to send the company into receivership but after visiting the company that his client intends to destroy, seeing how well it treats its employees and realizing that those employees are innocent of any wrongdoing, Jack has second thoughts about destroying the firm. Jack tells the grandson of the company founder that their real intent is to destroy his company and then proposes an alternative plan involving a transfer of the catalytic agent patent to his client instead of destroying the company but the grandson rudely dismisses him. Although the catalytic agent company has hundreds of employees, they do not employ any Blacks or Asians. They also were the subject of a complaint alleging unfair employment practices recently. While they are discussing this, a Gardner Ross lawyer enters with an injunction filed by the catalytic agent company on the grounds that the receiver was appointed in bad faith. Jack is required to appear in court the following morning. In court, Jack lies under oath and later puts the company into receivership.

Marty pressures Chris to get rid of a stock he has a large position in. Unable to offload it to any of his institutional clients, Chris tricks Ann into getting one of her retail clients to buy some. Ann later confronts him after her client transfers his account as a result of significant losses. The client Chris caused Ann to lose returns to her.

Jack's sister Cathy, who has been laid off, shows up at the firm to ask him for a job. In order to help her, Jack asks Susannah to hire his sister.

While at the clam restaurant, Anton confesses to Sally that he is married, putting an end to their relationship.



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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.