The China Hustle Movie Script

But just that, in China, everything has a big multiple effect.

You know.

You have 1.3 billion people.

I mean, the multiple effect is so big.

We've never seen a credit buildup to the likes of what China is doing today, that hasn't been followed by a, a major, major financial crisis.

So, stay tuned.

We, we have, by far, the most vibrant markets in the world. By far!

And so, that freedom, leaving those decisions to the private sector, you know, it, it frees up a lot, a lot of capital.

This is the largest financial crime of the last 25 years, with the exception of Bernie Madoff.

It's still way too easy for the bad guys in finance to keep Washington off their backs.

We're cutting regulations.

I would say 70 percent of the regulations can go.

I think you see a lot of the similarities with the mortgage crisis in, in '08 and the China situation.

We had our chances, post-global financial crisis, in my opinion, and we missed it.

This was sort of the appetizer, in, in that these were the small, crappy companies that, often times, were demonstrable frauds.

We point to $50 billion, and that's like an empirical number.

That's a number we can say, "Boom." We can point to this and this fraud and tie it in nicely on a bow.

What we don't talk about is that there's hundreds of billions of dollars that we can't even begin to touch.

And the fraud that can be perpetrated... through China by other means.

So it's not $50 billion, and it's not some investment banks, and it's not some people in the United States.

It's everybody. It's every bank.

Whether they know it or not.

The Chinese e-commerce giant, Alibaba, took Wall Street by storm today.

The company had its initial public offering on the New York Stock Exchange.

The share price jumped 38 percent... This is a perfect storm.