The Middletown Press (Middletown, CT)

Intriguing payoffs in new season of ‘Billions’

- By Stephen Spignesi

Major changes are afoot when Showtime’s financial intrigue series “Billions” returns for its third season tonight at 10 p.m. with the episode “The Tie Goes to the Runner.”

At the end of Season 2, hedge-fund billionair­e Bobby “Axe” Axelrod (Damian Lewis) was seen Ubering his way home after posting bail following his arrest on a slew of charges by his nemesis U.S. Attorney Chuck Rhoades Jr. (New Haven’s own Paul Giamatti). Axe had deliberate­ly sabotaged the Ice Juice company’s signature juice product and made people sick so Ice Juice’s initial public offering would tank and Rhoades would lose a fortune, which he did.

Bobby got caught, ended up indicted, and Taylor Mason (Asia Kate Dillon), Axe’s non-binary new hire (“my pronouns are they, theirs, and them”) was christened chief investment officer for Axe Capital.

Axe and his wife, Lara (Malin Akerman), have split up and Bobby is living in a huge apartment in New York. Bobby has also moved Axe Capital’s base of operations from Connecticu­t to Manhattan, and he has agreed to divide his assets and sign over half to Lara. Axe Capital’s assets have been frozen, however, and his team is on the verge of defecting because they can no longer trade equities and make money.

On the other side of the battlefiel­d, Chuck Rhoades has lost the support of his father, Charles (Jeffrey DeMunn), and his best friend and personal attorney Ira (Ben Shenkman) for his baiting Bobby into committing sabotage. Chuck also lost his $27 million trust after his father invested it all in Ice Juice, not knowing his son had plotted to destroy the company. Chuck and his formidable wife — and Axe Capital performanc­e coach — Wendy (Maggie Siff) are back together, but Maggie is precarious­ly positioned between her conniving alpha male boss and her single-minded, vengeful husband.

Other changes this season include the former SEC drone Ari Spyros (Stephen Kunken) being hired as chief of compliance for Axe Capital; a new Southern-fried attorney general — Waylon “Jock” Jeffcoat (Clancy Brown) from west Texas — has been named by the president and is intent on micromanag­ing Chuck’s cases; Axe’s poker tournament foe from last season Todd Krakow (Danny Strong) is now treasury secretary; and new hire Taylor — who may have the big-

gest challenge of the season — is tasked with coming up with the Big Idea that is necessary to save Axe Capital.

Plus, there’s an unexpected death a few episodes into the season that hits Wendy the hardest, and Wags (David Costabile) is back, and, as completely expected, in rarer form than ever.

The writing is razor sharp and the fun pop culture references this season again abound — including allusions to “The Sopranos,” Stephen King, “Top Gun,” “Wall Street,” “The Departed,” “The Godfather (I and II),” “The Tommyknock­ers,” Nikki Minaj, “The Lord of the Rings” and Bruce Lee movies, to name a few.

What’s so enthrallin­g about the characters in “Billions” is that they are all good guys and bad guys. The duality in many of the characters is mesmerizin­g. Bobby Axelrod is a fan fave and perceived to be the spurious “hero” and protagonis­t of the show, but this is a guy who can donate $100 million to 9/11 charities in the morning and then nonchalant­ly destroy companies in the afternoon through deception and insider trading.

Chuck Rhoades is usually seen as the antagonist to Bobby, but Chuck is as evil as Bobby when he wants to be. He preaches

What’s so enthrallin­g about the characters in “Billions” is that they are all good guys and bad guys. The duality in many of the characters is mesmerizin­g.

the causes of justice and brags about his noble purpose in putting criminals behind bars, but will then casually destroy marriages, people’s livelihood­s and lifelong reputation­s through manipulati­on, threats and lies, and then smile about it and claim he’s just doing his job.

“Billions” serves as a great post-Great Recession show to dramatical­ly illustrate that Wall Street is as greedy as ever. “Billions” lets us vicariousl­y witness the wheelings and dealings, sometimes catastroph­ic, that go on every day, and we get to see them through some irresistib­le characters, addictive story lines and great writing.

 ?? Jim Fiscus / Showtime ?? From left, David Costabile as Mike “Wags” Wagner, Asia Kate Dillon as Taylor, Malin Akerman as Lara Axelrod, Damian Lewis as Bobby “Axe” Axelrod, Maggie Siff as Wendy Rhoades, Paul Giamatti as Chuck Rhoades, Condola Rashad as Kate Sacker, Jeffrey...
Jim Fiscus / Showtime From left, David Costabile as Mike “Wags” Wagner, Asia Kate Dillon as Taylor, Malin Akerman as Lara Axelrod, Damian Lewis as Bobby “Axe” Axelrod, Maggie Siff as Wendy Rhoades, Paul Giamatti as Chuck Rhoades, Condola Rashad as Kate Sacker, Jeffrey...
 ?? Jim Fiscus / Showtime ?? Paul Giamatti as Chuck Rhoades.
Jim Fiscus / Showtime Paul Giamatti as Chuck Rhoades.

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