Wall Street Warriors Episode 1 Season 3 quotEnter the Bearsquot HD

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The first episode of Season 3 (the lost season!) of Wall Street Warriors – a 10-part Docu-Reality Series that was shot on Wall Street during the meltdown that lead to The Great Recession. Episode 1 starts with rumors of an impending crisis... by episode 10 there are near riots outside the New York Stock Exchange. • Enter the Bears • The 3rd season opener gives a behind-the-scenes look at the New York and Chicago financial districts just as the credit crunch begins to unfold. Fearing a deep recession, sibling stock brokers, Phil Ken, argue over how best to protect their client's money. Doug, a floor trader on Chicago's famous outcry pits, shows what it takes to be a survivor in the cut-throat environment. Meanwhile, Kristi, CEO of a new online trading firm, Think or Swim, stresses out trying to meet a major filing deadline while Rich, the Hedge Fund guy, tries to profit from the growing oil bubble. • Episode 2 The Fear Gauge is available here: • Wall Street Warriors | Episode 2 Seas... • Wall Street Warriors S3 Ep1: • Coming up next on Wall Street Warriors. • PHIL: Today's the start of the official bear market. • RICH: Stress levels are off the charts. • DOUG: The American economy is so weak right now. • KEN: We're down 13. • PHIL: You're [bleep]ing killing me here. • KRISTI: The tension is visible. Just keep me updated. Good-bye! Grrr! [laughs] • THE FLOOR TRADER • THE MARKET MAKER • THE COMPANY • THE OPTIONS TRADER • THE MONEY • THE BROKERS • WALL STREET WARRIORS: ENTER THE BEARS • MARKETS ARE FALLING • THE CREDIT CRUNCH CONTINUES • HOUSING PRICES ARE PLUMMETING • OIL PRICES HAVE SOARED • TALK OF CRISIS HOVERS OVER WALL STREET… • CHICAGO • WORLDWIDE CAPITAL OF DERIVATIVES • S P 500 INDEX OPTIONS PIT • CHICAGO BOARD OPTIONS EXCHANGE • DOUG: This is like the Wild, Wild West of trading. There's more money than I've ever seen. • DOUG: A broker comes into the crowd with a 10,000-lot order, • and the premium on the order is huge, crazy money. Billions and billions of dollars are traded on a daily basis out here. It’s Capitalism to the extreme. A lot of people make a lot of good money down here, but you pay the price, too. • DOUG: Right now, we're in a little tricky area. The American public wants a rally, but any kind of move to the downside gets people panic. I think we could start having a problem in the market. • DOUG:I think the credit crisis is huge right now because when the U.S. economy gets bad, people run and they buy oil. They buy gold. • TRADER #2: There's a confidence that, uh, has eroded. • TRADER #3: There's a lot of money on the sidelines. • DOUG: The dollar's getting pounded because the American economy is so weak right now. There's a problem. I mean, there's-- there's a problem that has to be solved. Something's gotta be fixed. • NEW YORK FINANCIAL DISTRICT • KEN PHILIP BRISARD STOCK BROKERS • PHIL: We can probably raise a cool $3 million out of that seminar. • Now, you had a ACAP come in last week. Did it settle? • KEN: Yeah. Well, it settled for about 620,000. • KEN: Today is definitely gonna mark a historic day because we are officially in a bear market. • PHIL: Front page of The Wall Street Journal, The New York Times, and all these other financial newspapers are calling this the Great Depression. • KEN: We currently have oil, natural gas. The dollar's • at a 52-week low. And those three components of the economy • are hurting us really bad. • Right now you need to keep everyone calm, collected, • and tell them about the options strategy. Don't get into • the panic mode, 'cause everyone panics when everything's • going wrong. You know, no one can see the light of day. And this is what tells me there's opportunity all over the place. • Brisard Brisard. • I'm a financial advisor. I've been doing this 14 1/2 years along with my partner, which is also my brother Ken. • We deal with stocks, bonds, and options. • Some people say don't do business with your family, but I don't know who else I could do business and trust. • The writing's on the wall. All you have to do is go the opposite way. • But every single day, myself and my brother, we reach a point • of, uh, disagreement. • You're a genius on that. And you know what? • No, you called me an idiot. • I called you an idiot on it because you know what? • I actually booked some of my clients out of the SKF right around $120 'cause the market... • Phil likes to do things his way. • HEDGE FUND MANAGER • RICH TAG: I watched the past three months oil go from 80 to 130. • But it's gonna turn, right? I mean, in the U.S., prices are high enough. In London, they're picketing, and they're burning • gas stations down, right? • Wall Street is feast or famine. • We just came out of five years of hyper growth, and boom, we got hit with the sub-prime crisis, and Wall Street started to pare back and lay off. • Stress levels are off the charts. There's a lot of hysteria in the markets now. Many of the energy hedge funds are flat or minus for the year. • Hedge funds are now managing a significant share, • probably 50% of America's investable assets.

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