Inside That Shocking ‘Industry’ Season Three Finale

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Showrunners Konrad Kay and Mickey Down and actor Sagar Radia talk about Rishi’s tragic arc and how it’s changed the show forever

, you might have mistakenly thought it was safe to exhale. HBO’s notoriously tense finance drama, which revolves around the exploits of employees at the fictional investment bank Pierpoint & Co., was giving us a rare moment of resolution for its key players: Crisis-ridden nepo baby Yasmin Kara-Hanani got engaged to aristocrat Henry Muck .

Prior to this point, the audience didn’t know a huge amount about Rishi. In the first two seasons, he didn’t feel like an essential character, but “White Mischief” — which Radia considers “almost like a movie” — showed us that he actually exists at the intersection of whatis all about. On the surface, the show revolves around the pursuit of money. But really, it’s about the, which you can’t always buy your way into. And for a character like Rishi, it’s also about what it means to be a man.

Whether it’s his dirty jokes or flashy sports car, Rishi’s bravado is a protection tactic. The specifically British nuances of how he is portrayed as an underdog might be why viewers in the U.K. seem particularly sympathetic toward him. Radia was surprised when Rishi became somewhat of a “fan favorite” among Brits in Season Two, but comparatively, American audiences have been more keen to witness his downfall. “Obviously Rishi behaves appallingly,” says Down.

It might surprise people to learn that the character is very closely based on real people that Kay and Down met while working on the trading floor in their twenties, from his right-wing views and vulgar language right down to his addiction to risk-taking. “Betting on everything from horse racing to the times that people would take their lunch break was very much baked into the culture,” Kay remembers.

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