The Wall Street Skinny

Industry S4E7 "Points of Emphasis" | Hostile Takeovers


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In this episode, we're breaking down Season 4, Episode 7 of Industry, "Points of Emphasis" — and we have a lot of feelings. We walk you through all the major plot developments, from Whitney's attempted escape and his terrifying confrontation with what appears to be his foreign handlers, to Yasmin's ruthless political maneuvering to bring down Lisa Dern and protect herself as Tender collapses around her.

Along the way, we dig into the finance: what a hostile takeover actually is and why Whitney's stock-for-stock bid for PierPoint is more smoke and mirrors than strategy, the real-world Porsche-Volkswagen story that inspired Whitney's synthetic position playbook (and why it still wouldn't be legal today), and why Harper's team is covering their short carefully as the stock craters.

We also get into the emotional core of the episode: Lord Norton's heartbreaking decision to let Henry face the consequences, the long-awaited Harper and Yasmin reconciliation, and what Yasmin's admission that she's "never been necessary" might be setting up for the season finale.

Share your theories and let us know where you think this all ends for our characters!

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