Previously on Billions: Season 2, Episode 1

Previously on Billions…

source: Showtime

Lights, camera, action.

Bobby thinks a race course is a good meeting place to discuss how he and Orrin are going to win.

The soundtrack to season 2 seems like it will be every bit as good as season 1.

The Axe capital staff are having a spontaneous conference outside while waiting to get back to work. Apparently, they have been working from home for 3 weeks.  Mafee is not buying the “fire extinguisher system malfunction”. I knew there was a reason I like Mafee!

Axe is not letting anyone in until Wags shows up as

“You don’t let the animals in until their keeper is here too!”

Oh, welcome back, Billions. You have been missed!

Oliver Dake from Office of Professional Responsibility shows up to ruin Chuck’s morning. He is there to conduct an investigation into Chuck’s use of his office. It seems Chuck was warned he was coming as he has an office all set up for him.

The animals are allowed in and Axe has certainly ramped up the security, magnetic ID bracelets etc.

Source: Showtime

Continue reading “Previously on Billions: Season 2, Episode 1”

From the Trader’s Desk: “Risk Management”, Episode 1 Season 2 of Billions

Welcome to “From the Trader’s Desk” for the 2nd Season of Billions! The original concept of these posts was to recap of 2-3 episodes from my point of view as a trader, and to help with any confusion with “fin speak”. However, “Risk Management” was so meaty; I had to dive right in. So now, without further ado….

”Trading is gambling, legalized gambling.”

source: Showtime

Those are words I spoke to Damianista on our first meeting. I think she asked me how I got into the financial industry, and I told her I loved to gamble, and found a way to do it legally.

How fitting then is it that we open Season 2 with Axe sitting at a racetrack! Now, I’ll admit, I didn’t know it was Yonkers Raceway. I thought it was Belmont Park, a place my grandfather would take me to as a kid. Axe tells Bach “this place made me”, and I totally understand. Continue reading “From the Trader’s Desk: “Risk Management”, Episode 1 Season 2 of Billions”

Previously on Billions: Season 1 Finale “The Conversation”

Previously on Billions…

Axe is waiting for Wendy out on the street. He is unusually wearing a suit. He comes bearing the gift of a new car as a present for their session in ‘Magical Thinking’. He is just about to go and meet Wags as they are on a capital raise. Wendy thinks Axe is ready, but the investors may not be.

source: Showtime

Lonnie is back at Southern District and Chuck puts him straight on to a tip about criminal activity by Bobby. This cannot be tied to Chuck who tells Lonnie to start with Mick Danzig.

Wags is carrying all of Axe’s paperwork because Axe is the principal who must arrive unburdened, apart from his brilliant ideas. They are on their way to their first capital raising meeting. The first one does not go well with them getting a ‘wait and see’ who else jumps on board.

Continue reading “Previously on Billions: Season 1 Finale “The Conversation””

Countdown to season two of Billions

It doesn’t seem that long ago since Axe and Chuck tore their respective houses down in their own way, but it is and the countdown to Billions season two is on! They start without Wendy, and it serves them both right!

Season two starts on Sunday, February 19 on Showtime. A warning for spoilers for season one for anyone who has yet to see it all. There are still 13 days until season two hits TV screens so here are a selection of our posts on season one:

We give our own best of Billions season one and would like to hear what yours are. Donnie was one of the highlights for me and I am sad that he is no more, but still think that the Donnie situation may come back to haunt Axe in season two.

Continue reading “Countdown to season two of Billions”

From the Trader’s Desk: A Review of Season 1 of Billions – Capturing the Essence of the Hedge Fund World

Hello from the “Trader’s Desk”!

As we get ready to enjoy the second season of Billions, we thought we would introduce our upcoming new series “From the Trader’s Desk” with my review of Season 1.

“From the Trader’s Desk” will be my take on what’s going on in the show (and a little fact checking) from the point of view of a Wall Street trader. I hope you enjoy reading it as much I enjoy writing it! Now, without further ado…

“Those who can, trade; those who can’t, prosecute.”

source: Showtime

That phrase came to mind once I knew the synopsis of Billions. Hedge Fund Titan (Bobby Axelrod) vs. the US Attorney (Chuck Rhodes). It’s a scenario that’s been playing out on Wall Street for some time. The players change, but the song remains the same.

I’ve spent my whole career on Wall Street; working my way up from a back office clerk to finally running my own money. So, I come into this show not only with the knowledge of the terms and situations, but also with the perspective of the hedge fund world. Continue reading “From the Trader’s Desk: A Review of Season 1 of Billions – Capturing the Essence of the Hedge Fund World”