Billions season 3 episode 3 Recap and FAQ
Episode Summary
Bobby Axelrod relinquishes his trading rights but remains undeterred, while Ira faces a postponed marriage due to financial woes. Axelrod deals with legal challenges, risking most of his wealth and strategizing to regain his financial status. His proposal to manage police pension funds is rejected due to conflict
Full Episode S03E03 Recap
Frequently Asked Questions
What led to Axelrod relinquishing his trading rights?
Axelrod gave up his trading rights due to legal pressures, but remained confident in his ability to adapt.
Why did Ira and his partner postpone their marriage?
They postponed the marriage due to Ira's financial instability and inability to afford the wedding they planned.
What is Axelrod's concern regarding his assets and legal issues?
Axelrod is worried that most of his wealth is at risk of legal seizure, with only a small portion safe from government claims.
Why did the police pension fund reject Axelrod's offer to manage their funds?
They rejected Axelrod's offer due to potential conflicts of interest and the risk of impropriety.
What is the significance of Wendy's advice to Axelrod about coming home late?
Wendy's advice to avoid her father reflects underlying family tensions and the importance of addressing issues directly.
What are the Axe Capital employees' concerns about automation?
Employees fear being replaced by algorithms and computers, signaling a shift in the finance industry.
What is the ethical dilemma Chuck faces with José Lugo's case?
Chuck struggles with the decision to prosecute Lugo, an inmate accused of killing a guard, amid evidence of Lugo's mistreatment.
How does Axelrod assist Panay in reviving his career?
Axelrod offers Panay a deal to manage a large fund, under strict conditions that favor Axelrod.
What qualities is Taylor looking for in their quest for quants?
Taylor seeks quantitative analysts who bring innovative and unique approaches to trading.
How does Chuck plan to combat political pressures in his legal career?
Chuck establishes a secret "war room" to resist political pressures and uphold his version of justice.