Someone explain the currency scam to me.
Unfortunately, that's the only part of the movie I didn't get.
"You mustn't be afraid to dream a little bigger, darling."
The scam was Nic Cage worked somewhere, like a bank or something where he did the book keeping/handling cash, and could steal certain amounts in English money. Then he would swap it with the dude for the same number in American money (so $10,000 = £10,000) then the person he gave the English money exchanges it for American money, and with the exchange rates he could swap £10,000 english money for over $12,000 american money. The idea is that it stops Nic Cage from being caught with this money (laundering) and the guy he gives it to makes a profit.
Then when they moved onto the larger amount, he showed him the money in the case with all the English money. So that guy would be thinking "great theres alot of money in this briefcase ive just checked" so he would give Nic all the American money. Then his daughter distracted the guy so he could swap the briefcase with all the money in, for a fake.
This way he got away with the briefcase full of money, and the bag full of money.
Bowl a strike so we can have fun at the strip club, I wana see a real 7 - 10 split!
What I still don't get is the risk/reward ratio. The profit from swapping $80,000 is so little compared to the time and risk involved - for a wealthy business man anyway.
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Last movie watched: Star Wars: Episode V (8/10)
No its not. Now the rate is about 0.80, in 2003 it was something like 0.65, which meant £80,000 were like $123,000 which he would "buy" for $80,000, ie $53,000 profit.
I like Armageddon. A lot.
If he only made $2,000 on the original deal (An exchange of £10,000 for $12,000), and the bigger deal was 8 times the amount, doesn't that mean he was going to exchange £80,000 for $96,000? A $16,000 profit?
shareActually, the original deal was an exchange of £5,000 for $5,000, for a $2,560 profit. Which would have made the $80,000 exchange worth a $40,960 profit. (I just watched it.)
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