I cannot believe this is the last episode of Billions Season 5 that we will see for a while! Since they had to stop shooting mid-March due to Covid-19 crisis – which gets its first mention in this episode – Episode 7 is the mid-season finale that leaves us with more questions than answers. I just hope they can resume shooting as soon as possible when it is safe to do so, and given what we have seen so far, the rest of the season is sure to be a crazy ride! Hope you stay with us between the two halves of Season 5 because we still have a lot to say about what we have seen in the first seven episodes!
The Limitless Sh*t, written by Brian Koppelman, David Levien and Emily Hornsby and directed by the one and only David Costabile, addresses a billion dollar question: Is anyone incorruptible? Continue reading “Billions on Showtime, Season 5 Episode 7 (Mid-Season Finale): The Limitless Sh*t”
A painting. A drawing. A kidney. A patent. Oh, and an IQ test!
This fast-paced and clever Billions episode gives us an extremely fun hour in which Axe, Chuck, Taylor and Wendy all have to play fast chess to deal with both personal and professional matters. Anything is fair game to get what they want. Some win, some lose and some get, well, outright creepy! Continue reading “Billions on Showtime Season 5 Episode 6: The Nordic Model”
So where to begin about this episode – entertaining, surprising, and heartbreaking – absolutely the best so far in Season 5? The best point of departure may be the definition of “contract” as Axe gives during his game of billiards with Savion since we see a number of contracts – explicit and implicit – drawn, signed, or not, in one of the best hours Billions has given us in its history.
“A contract is an understanding between men that they’ll see things the same way, that they’ll keep code. That they’ll honor the spirit of their relationship even in unforeseen circumstances.”
Axe, Wags and Bach are sitting in Leah Calder’s – the head of the office approving state charter applications – office clueless that Chuck was there earlier with Kate to convince Ms. Calder not to approve Axe’s application and thereby preventing a crime before happening! Continue reading “Billions on Showtime Season 5 Episode 5: Contract”
Times have changed and times are strange
Here I come, but I ain’t the same
Mama, I’m coming home
Mama, I’m Coming Home – Ozzy Osbourne
TGIF and welcome to The Trader’s Desk. As has been the pattern the last few weeks, I’ll give a brief explanation of what an Opportunity Zone is, some quick observations, and then focus on Axe and why “stinking” of Yonkers is a double-edged sword for him.
What is an Opportunity Zone? (The WSJ review of Billions gives a really great explanation – I use some of it here)
Opportunity zones are real. The idea is part of the 2017 tax overhaul (however the Treasury Department just finalized rules for them in late 2019). Investors who have significant capital gains can take that money and invest it into an opportunity fund, for which they get a tax break. The fund in turn invests in businesses in designated disadvantaged neighborhoods. There’s no limit on how much you can invest, but you need to keep it invested for at least 10 years to get the tax benefit. That makes it less attractive for hedge funds, which likely won’t want to tie up their capital for that long. Consequently, in the real world, hedge funds have not moved aggressively into opportunity zones. There is also the question of just throwing money at these areas. While building shopping malls, business complexes and some housing is nice, if you don’t address the root of the issues, then in a few years all you have are empty shopping malls and business complexes. Continue reading ““From the Trader’s Desk”: Home is Where the Heart Is? Billions S5E3 “Opportunity Zone””
While Opportunity Zone as a golden opportunity of tax breaks for the rich stays at the heart of the story, all kinds of opportunities – pursued, missed, noticed, favorable, fitting, promising, unique, rare, ample – abound in this week’s episode! Oh, and I think love is in the air for some!
The Bobby Axelrod that I came to like – the boy who grew up in Yonkers and beat the odds to become the billionaire that he is today – makes an appearance in the first few minutes of the episode… Continue reading “Billions on Showtime Season 5 Episode 4: Opportunity Zone”