As a seasoned banker with years of experience under my belt, I must say that the dynamics between Harper, Petra, and Yasmin in this latest episode were quite intriguing. It seems to me that Harper’s personal growth was evident in her remorse over hurting her friend, Yasmin. I do find it rather anticlimactic compared to their previous encounters, but perhaps the tension between them is building up for a more explosive confrontation down the line.
In Western literature, Freytag’s Pyramid is often seen as the standard plot structure, consisting of exposition, rising action, climax, falling action, and resolution. However, in my observation, the industry doesn’t strictly adhere to this structure. Characters experience numerous ups and downs, tense moments, and expository scenes, making it a more complex and dynamic narrative. Instead, I propose that we find parallels with the Japanese/Chinese/Korean narrative framework of 起承転 or Kishōtenketsu. While similar in structure, Kishōtenketsu offers a unique twist: the most tension-filled point of a story doesn’t necessarily represent the climax; rather, it serves as a revelation, a surprising turn of events.
As a movie enthusiast, I’d say that “Nikki Beach: Multiple Pathways to Fall” encapsulates the essence of the storyline. In this third season, two significant events unfold, turning the narrative upside down, exposing the emotional depths and vulnerabilities hidden beneath. These pivotal moments are none other than the revelation of Charles Hanani’s demise and Harper’s plan to defraud Pierpoint. Each event plays a crucial role in shaping Harper and Yasmin individually and their friendship.
Let’s pick up from where we left off in the previous episode: was it Yasmin who killed her father? I strongly doubt that. Her actions seem to be a characteristic display of solipsism by Yasmin. Perhaps she could benefit from spending some time outdoors. The story resumes at the Italian coast, on a yacht, where Yasmin unexpectedly witnesses Charles Hanani engaging intimately with one of the crew members. In response, Charles attacks her in a fit of rage, splashing red wine onto her face. Fleeing to the deserted part of the boat, Yasmin encounters her apparently remorseful father who tries to embrace her for an apology. However, when he attempts to hug her, Yasmin notices that Charles Hanani is still aroused. This incident marks the second time in Industry where Charles Hanani exploits his semi-erect state against his daughter, the first being after his meeting with Celeste and Yasmin at Pierpoint last season.
I’ve seen people debating on the Industry Reddit whether or not they think Charles sexually abused Yasmin. My opinion is that whether or not Charles physically abused Yasmin is still unclear, but he certainly has abused her because it’s abusive to include an unconsenting person, much less your CHILD, in your sexuality. Charles gets off on Yasmin being around when he sexualizes and engages sexually with other women. He has no appropriate boundaries and has pulled his daughter into the black hole of his voracious carnal appetite. Charles is an atrocious father whose only provision is money, and while he may not have laid a hand on Yasmin, he has used his sexuality to abuse her.
In another turn of events, Charles and Yasmin have a heated argument. I found myself chuckling when Yasmin boasted about speaking seven languages, a characteristic of hers that always shines on screen. However, Yasmin eventually blurts out something that I believe many teenage daughters have said to their parents: “I wish you were dead.” Taken literally, Charles leaps off the boat. It’s evident that he didn’t mean it seriously; he underestimated the yacht’s speed and expected Yasmin to throw him a life preserver immediately. Yet, Yasmin is too stunned by the situation, and the yacht is moving away too swiftly. By the time she reacts, her careless, reckless, good-for-nothing father is lost at sea.
From my perspective, Charles Hanani’s death was entirely self-inflicted due to his reckless action. You misunderstood your upset daughter’s words and impulsively dove into the vast ocean? Really, that wasn’t wise at all. This is a man who has never experienced any real repercussions, living off his privilege and making others uncomfortable instead. Well, now he’s facing the consequence of his actions – leaping from a speeding yacht into the sea, possibly under the influence – and it cost him his life.
Regarding Harper’s involvement in the situation, it appears that she was invited onboard the yacht by Yasmin during a time of distress to make the journey more tolerable. However, it is her actions later on that prove crucial. When Yasmin became unhinged, Harper stepped in and managed to compose her, preventing any incriminating statements about her father’s death from being made. Essentially, Harper served as a substitute life raft for Yasmin, who had failed to throw one overboard. She also convinced Yasmin that they were celebrating together during the time Charles died. In the absence of Harper, Yasmin would be living a drastically different life at this moment. A friend like Harper, who remains surprisingly composed in high-stress situations, is invaluable – someone you can rely on to help you cover up a crime when necessary, figuratively speaking.
Currently, Yasmin finds herself grappling with the aftermath of discovering her late father’s body. She must go and confirm his identity, which has become unbearably unrecognizable due to bloating. There was an air of determination when she mentioned keeping her father’s ring. Her former partner’s wealthy uncle from a tabloid newspaper hinted at possessing potentially incriminating information regarding Yasmin’s father’s death, but might hold back if Yasmin reconciled with Henry. Subsequently, Yasmin experiences inappropriate advances by Eric during a supposedly comforting lunch. I had been hoping to be proven wrong about my suspicions towards Yasmin and Eric’s relationship all season long, but it seems my concerns were justified. Alvin America Tao is going through a midlife crisis, which is disheartening to witness amidst the collapse of his bank. While I understand the stress he’s under, I couldn’t help but loathe watching him struggle in this manner. Yasmin’s day continues to worsen, and it seems there may be more hardships ahead for her.
Essentially, Yasmin hasn’t experienced what Harper has planned for her yet. To start her day, Harper looks sharp and pursues James Ashford, the asset manager who initially raised concerns about Lumi’s financial instability in this season. (I sometimes find it challenging to take this actor seriously because I frequently see him advertising English muffins on Hulu.) She engages Ashford in flirtation and extracts some details: Initially, it was known that Petra had previously been seen at rehab. Secondly, everyone seems to be making efforts to sell their ESG assets. Although no one holds Harper’s perspective on Pierpoint’s impending difficulties, it appears that a few banks have substantial debt maturing soon and significant investments in ESG, which could potentially lead to catastrophe. This gossip piques Petra’s interest, leading her to investigate creditors trying to offload debt and discovering that Pierpoint is the debtor they are most eager to divest from. Eventually, this leads them to short Pierpoint.
In my experience, when I speak about Leviathan Alpha shorting Pierpoint, it’s similar to what Rishi did but in reverse. Instead of buying and holding onto something anticipating its growth, we sell something we don’t own initially (in this case, Pierpoint shares), borrowed from a broker. We do this at a certain price, hoping the share price will fall. If the share price decreases, like what happened with Hanani Publish Stock after Charles’s death, we buy back the same number of shares at a lower price. Later, when we return those shares to the broker, we keep the difference between the initial borrowed price and the lower price we bought them back for as profit. In essence, I short Pierpoint by selling shares I don’t own yet, hoping to buy them back later at a lower price and pocketing the difference.
If you find that idea ludicrous, I can understand why. Investing through shorting is a highly speculative and risky approach. Typically, stocks tend to gradually increase in value or remain the same over an extended period. However, predicting a stock’s significant decline requires strong conviction, as often emphasized on this program. After eavesdropping on Sweetpea and Yasmin discussing Pierpoint’s use of almost mature debt for its ESG bets, Harper just so happens to possess illicit insider information. Yes, she has a strong belief in her prediction. Nevertheless, she needs to create a plausible explanation for how she obtained this information legally, so she arranges an interview with Sweetpea, who, as it turns out, is more intelligent than people give her credit for. She senses Harper’s intentions and refuses to disclose the confidential information. Regardless, Harper already has someone on the inside willing to reveal Pierpoint’s positions. Unfortunately, it’s Petra who persuades Yasmin to breach the bank’s trust, but Harper doesn’t seem to object enough in my view. Sigh, however, I acknowledge that Harper’s regret over harming her friend signifies personal development for her.
Instead of seeking out Pierpoint, Harper reaches out to his former spurned companions – Kenny, Daria, and Jackie, now employed by Goldman – whom she addresses fondly as the ‘Avengers of ex-Pierpointers’. This quick scene was delightful, reminiscent of catching up with long-lost friends. It’s wonderful to see that your animosity and ill will were convincing enough for you to reappear in the climactic scenes of this episode. I hope everything is going well for all of you!
Ultimately, Eric emerged from his distraction and realized Harper’s scheme. He scolded Yasmin for succumbing to Harper’s trickery and also berated Harper on the phone. Frankly, I found this argument underwhelming following Switzerland’s intense conflicts. However, when Eric informs Harper that everything she believes about herself is accurate, I felt a chill. Considering their months apart, he still knows just the right words to wound Harper deeply.
In simpler terms, upon returning home, Harper encounters an angry Yasmin. They have a heated argument, stripping away all pretenses. Yasmin accuses Harper of being wicked since she somehow involved her during one of the most distressing days in Yasmin’s life. “That girl on the boat cared for me,” Yasmin says. I’m not sure, Yasmin. You were aware of how Harper could behave regarding work. The two of you had a falling out about this last season. Also, why is Pierpoint so crucial? Forget about the bank! Let it collapse! Somehow, you’ll manage to survive! Yes, Eric essentially fired Yasmin, but isn’t that mainly due to William Adler’s email containing Charles Hanani’s autopsy photos and Eric’s retaliation for sexual harassment claims (which, by the way, is illegal)? I find her anger questionable, and if anything, I’m more irritated by it. Harper had helped Yasmin cover up manslaughter. Get over it! However, Yasmin has always struggled to see others as complete humans unless they serve her. Harper points this out, although I feel she wasn’t entirely sincere. Yes, they physically and verbally fight, but this isn’t the most damaging Harper can be (such as when she tells Eric that his family fell apart). Instead, it seemed to me that Harper was playing defense rather than offense. I enjoy their friendship and am disappointed to see them at odds again. Here’s hoping they reconcile before the end of the season.
Loose Change
Currently, I’m grappling with a tough choice regarding Pierpoint merchandise: the hoodie Eric wore at the management retreat appeals to me, but the purple color gives me second thoughts. Should I opt for the unconventional route and select Yas’s hat saying “Save Water, Drink Negronis”, despite not being fond of Negronis?
As a devoted cinephile, I’ve been yearning to bring up this observation for quite some time now, and here’s the perfect place! Have any of you who are enjoying Industry also watched Skins? There seems to be a striking resemblance between the two shows for me, particularly in the way they blend themes of sex, money, drugs, and maturity. The narrative structure of Industry feels like an extended, creative reinvention of that iconic episode from Skins where Effy works at a bank. Moreover, Freya Mavor, who plays Daria in Industry, was also Mini during the fifth and sixth seasons of Skins.
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2024-09-16 06:56