The Company Men

It's going to come up

in conversations...

where people say "You

remember when..."

the closing of California's

IndyMac Bank has resulted in

what could turn out to be the most

costly bank failure in U.S. history.

DOW has dropped more

than 800 points...

and it's not clear the crisis is over.

Last night there was an emergency

meeting in Washington.

The leaders of Congress were told

the Nation's financial system

was facing imminent collapse.

are losing their jobs.

Good morning.

Hey.

Hey, do I have any messages?

Wilcox want to see you. She's

in the fifth floor conference room.

Shot an eighty-six at

the club this morning.

She said it was important.

Sally Wilcox thinks

everything's important.

Thank you.

Anyone want to take

a guess at what

I shot at the club this morning?

Go ahead, take a shot.

Just...

No?

Oh, no you didn't, Bob!

Yes, I really did.

It's true.

What happened, somebody die?

Conal?

They closed Mobile

and Newport News.

They merged Ship Systems

into Rail Products.

How many?

Conal, your wife is on one.

Hi, honey.

- Three thousand at the shipyards.

Rumor is, another

couple hundred here.

Uh, I've got some bad news.

What's going on?

Bobby, you know Dick

Landry from Legal.

The company's

consolidating divisions.

Difficult decisions

had to be made in...

areas where

redundancies surfaced.

We've stuctured a generous

severance package for you.

Your twelve years with

us entitles you to...

twelve weeks full

pay, and benefits.

You're firing me?

- Come on, Bobby, sit down.

We're also offering you

outplacement services...

to help you secure

your next employment.

Does Gene know about this?

- Please, sit.

You know what, Sally?

F*** off!

Is Gene in here?

- He's in Chicago today.

We've reviewed our pipeline

of some 500 projects...

and programs. Focusing on those

with significant marketing...

opportunities,

jettisoning everything

that won't contribute

immediately to our profitability.

Selecting thirty-seven

as promising...

strategic growth programs,

and setting aside the rest

for future consideration.

Ned Haspel, JP Morgan.

Mr. McClary, you were talking

earlier about Fiscal 2011.

You've done a good job of

convincing us that with the...

credit markets frozen your

sales revenue in 2010

will slow--

- Great, then my job here is done!

Can you talk about

of a percentage increase

you anticipate?

We all like to talk

percentages, Ned.

Your people do, our people do.

Are you suggesting that

you aren't expecting...

any growth in your

division next year?

I'm suggesting that we face

increased foreign competition,

and a difficult credit market

for large capital expenditures -

like ship building.

So... no growth in 2011?

I am confident that while ship

building will remain challenged,

the rest of the

Transportation Systems

Group will continue

to make significant

contributions to growth at GTX

in the coming quarters.

Yes, in the back.

Honesty's the best policy?

Christ, could you just try to

be a little less candid for once?

So we're lying to

financial analysts now?

That the new profitability plan?

What do you want? More

inflated guidance so we...

can underperform in all four

quarters again next year?

our share price tomorrow.

Salinger is going to

blow a f***ing gasket.

Oh sh*t...

Yeah.

- They...

...say who else is on the block?

Thanks for the sympathy, Phil.

Call you later, okay?

- Okay.

Did they say anything about me?

- What?

About my still having a job?

You know, I didn't ask.

I've been trying to reach you.

- This damn thing's dead.

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