Terminal Compromise · Chapter 7Chapter 2 Friday, September 4 San Francisco, California
This chapter is not translated yet. You are reading the original.
Mr. Henson?"
"Yes, Maggie?" Henson responded over the hands free phone on his highly polished black marble desk. He never looked up from the papers he was perusing.
"There's a John Fullmaster for you."
"Who?" he asked absent mindedly.
"Ah, John Fullmaster."
"I don't know a Fullman do I? Who is he?"
"That's Fullmaster, sir, and he says its personal."
Robert Henson, chairman and CEO of Perris, Miller and Stevenson leaned back in the plush leather chair. A brief perplexed look covered his face and then a sigh of resignation. "Very well, tell him I'll take it in a minute."
As the young highly visible leader of one of the most successful Wall Street investment banking firms during the merger mania of the 1980's, he had grown accustomed to cold calls from aggressive young brokers who wanted a chance to pitch him on sure bets. Most often he simply ignored the calls, or referred them to his capable and copious staff. Upon occasion, though, he would amuse himself with such calls by putting the caller through salesmen's hell; he would permit them to give their pitch, actually sound interested, permit the naive to believe that their call to Robert Henson would lead them to a pot of gold, then only to bring them down as harshly as he could. It was the only seeming diversion Robert Henson had from the daily grueling regimen of earning fat fees in the most somber of Wall Street activities. He needed a break anyway.
"Robert Henson. May I help you?" He said into the phone. It was as much a command as a question. From the 46th. floor SW corner office, Henson stared out over Lower New York Bay where the Statue of Liberty reigned.
"Thank you for taking my call Mr. Henson." The caller's proper Central London accent was engaging and conveyed assurance and propriety. "I am calling in reference to the proposed merger you are arranging between Second Boston Financial and Winston Ellis Services. I don't believe that the SEC will be impressed with the falsified figures you have generated to drive up your fees. Don't you agree."
Henson bolted upright in his chair and glared into the phone. "Who the hell is this?" he demanded.
"Merely a concerned citizen, sir." The cheeky caller paused. "I asked, sir, don't you agree?"
"Listen," Henson shouted into the phone. I don't know who the hell you are, nor what you want, but all filings made with the SEC are public and available to anyone. Even the press whom I assume you represent . . ."
"I am not with the press Mr. Henson," the voice calmly interrupt- ed. "All the same, I am sure that they would be quite interest- ed in what I have to say. Or, more precisely, what I have to show them."
"What the hell are you talking about?" Henson screamed.
"Specifically, you inflated the earnings of Winston Ellis over 40% by burying certain write downs and deferred losses. I be- lieve you are familiar with the numbers. Didn't you have them altered yourself?"
Henson paled as the caller spoke to him matter of factly. His eyes darted around his spacious and opulent office as though someone might be listening. He shifted uneasily in his chair, leaned into the phone and spoke quietly.
"I don't know what you're taking about."
"I think you do, Mr. Henson."
"What do you want?" Henson asked cautiously.
"Merely your acknowledgment, to me, right now, that the figures were falsified, at your suggestion, and . . ."
"I admit nothing. Nothing." Henson hung up the phone.
Shaken, he dialed the phone, twice. In his haste he misdialed the first time. "Get me Brocker. Now. This is Henson."
"Brocker," the other end of the phone responded nonchalantly.
"Bill, Bob here. We got troubles."
* * * * *
"Senator Rickfield? I think you better take this call." Ken Boyers was earnest in his suggestion. The aged Senator looked up and recognized a certain urgency. The youthful 50 year old Ken Boyers had been with Senator Merrill Rickfield since the mid 1960's as an aide de campe, a permanent fixture in Rickfield's national success. Ken preferred the number two spot, to be the man in the background rather the one in the public light. He felt he could more effectively wield power without the constant surveillance of the press. Only when events and deals were completely orchestrated were they made public, and then Merrill could take the credit. The arrangement suited them both.
Rickfield indicated that his secretary and the two junior aids should leave the room. "What is it Ken?"
"Just take the call, listen carefully, and then we'll talk."
"Who is it, Ken. I don't talk to every. . ."
"Merrill . . .pick up the phone." It was an order. They had worked together long enough to afford Ken the luxury of ordering a U.S. Senator around.
"This is Senator Rickfield, may I help you?" The solicitous campaign voice, smiling and inviting, disguised the puzzled look he gave his senior aide. Within a few seconds the puzzlement gave way to open mouthed silent shock and then, only moments later to overt fear. He stared with disbelief at Ken Boyers. Aghast, he gently put the phone back in its cradle.
"Ken," Rickfield haltingly spoke. "Who the hell was that and how in blazes did he know about the deal with Credite Suisse? Only you, me and General Young knew." He rose slowly rose and looked accusingly at Ken.
"C'mon Merrill, I have as much to lose as you."
"The hell you do." He was growling. "I'm a respected United States Senator. They can string me up from the highest yardarm just like they did Nixon and I'm not playing to lose. Besides, I'm the one the public knows while you're invisible. It's my ass and you know it. Now, and I mean now, tell me what the hell is going on? There were only three of us . . ."
"And the bank," Ken quickly interjected to deflect the verbal onslaught.
"Screw the bank. They use numbers. Numbers, Ken. That was the plan. But this son of a bitch knew the numbers. Damn it, he knew the numbers Ken!"
"Merrill, calm down."
"Calm down? You have some nerve to tell me to calm down. Do you know what would happen if anyone, and I mean anyone finds out about . . ." Rickfield looked around and thought better of finishing the sentence.
"Yes I know. As well as you do. Jesus Christ, I helped set the whole thing up. Remember?" He approached Merrill Rickfield and touched the Senator's shoulder. "Maybe it's a hoax? Just some lucky guess by some scum bag who . . ."
"Bullshit." The senator turned abruptly. "I want a tee off time as soon as possible. Even sooner. And make damn sure that bastard Young is there. Alone. It's a threesome."
* * * * *
John Faulkner was lazing at his estate in the eminently exclu- sive, obscenely expensive Bell Canyon, twenty miles north of Los Angeles. Even though it was Monday, he just wasn't up to going into the office. As Executive Vice President of California National Bank, with over twenty billion in assets, he could pick and choose his hours. This Tuesday he chose to read by the pool and enjoy the warm and clear September California morning. The view of the San Gabriel mountains was so distracting that his normal thirty minute scan of the Wall Street Journal took nearly two hours.
His estate was the one place where Faulkner was guaranteed priva- cy and anonymity. High profile Los Angeles banking required a social presence and his face, along with his wife's, graced the social pages every time an event of any gossip-magnitude oc- curred. He craved his private time.
Faulkner's standing instruction with his secretary was never to call him at home unless "the bank is nuked, or I die" which when translated meant, "Don't call me, I'll call you." His wife was the only other person with the private phone number he changed every month to insure his solitude.
The phone rang. It never rang. At least not in recent memory. He used it to dial out; but it was never used to receive calls. The warble surprised him so, that he let it ring three times before suspiciously picking it up. Damn it, he thought. I just got a new number last week. I'll have to have it changed again.
"Hello?" he asked suspiciously.
"Good morning Mr. Faulkner. I just called to let you know that your secret is safe with me." Faulkner itched to identify the voice behind the well educated British accent, but that fleeting thought dissipated at the import of the words being spoken.
"Who is this? What secret?"
"Oh, dear me. I am sorry, where are my manners. I am referring to the millions you have embezzled from your own bank to cover your gambling losses last year. Don't worry. I won't tell a soul." The line went dead.
Sir George dialed the next number on his list after scanning the profile. The phone was answered by a timid sounding gentleman. Sir George began his fourth pitch of the day. "Mr. Hugh Sidneys? I would like to talk to you about a small banking problem I think you have . . ."
Sir George Sterling made another thirty four calls that day. Each one alarmingly similar to the first three. Not that they alarmed him. They merely alarmed, often severely, the recipients of his calls. In most cases he had never heard of the persons he was calling, and the contents of his messages were often cryptic to him. But it didn't take him long to realize that every call was some form of veiled, or not so veiled threat. But his in- structions had been clear. Do not threaten. Just pass on the contents of the messages on his list to their designees. Do not leave any message unless he had confirmed, to the best of his ability that he was actually speaking to the party in question. If he received any trouble in reaching his intended targets, by secretaries or aides, he was only to pass on a preliminary mes- sage. These were especially cryptic, but in all cases, perhaps with a little prod, his call was put through.
At the end of the first day of his assignment, Sir George Ster- ling walked onto his balcony overlooking San Francisco Bay and reflected on his good fortune. If he hadn't been stuck in Athens last year, wondering where his next score would come from. How strange the world works, he thought. Damn lucky he became a Sir, and at the tender age of twenty nine at that.
His title, actually purchased from The Royal Title Assurance Company, Ltd. in London in 1987 for a mere 5000 pounds had per- mitted George Toft to leave the perennial industrial smog of the eternally drizzly commonness of Manchester, England and assume a new identity. It was one of the few ways out of the dismal existence that generations before him had tolerated with a stiff upper lip. As a petty thief he had done 'awright', but one score had left him with more money than he had ever seen. That is when he became a Sir, albeit one purchased.
He spent several months impressing mostly himself as he traveled Europe. With the help of Eliza Doolittle, Sir George perfected his adapted upper crust London accent. His natural speech was that of a Liverpuddlian with a bag of marbles in his mouth - totally unintelligible when drunk. But his royal speech was now that of a Gentleman from the House of Lords. Slow and precise when appropriate or a practiced articulateness when speaking rapidly. It initially took some effort, but he could now correct his slips instantly. No one noticed anymore. Second nature it became for George Sterling, n<130> Toft.
Athens was the end of his tour and where he had spent the last of his money. George, Sir George, sat sipping Metaxa in Sintigma Square next to the Royal Gardens and the imposing Hotel Grande Britagne styled in nineteenth century rococo elegance. As he enjoyed the balmy spring Athens evening pondering his next move, as either George Toft of Sir George Sterling, a well dressed gentleman sat down at his tiny wrought iron table.
"Sir George?" The visitor offered his hand.
George extended his hand, not yet aware that his guest had no reason whatsoever to know who he was.
"Sir George? Do I have the Sir George Sterling of Briarshire, Essex?" The accent was trans European. Internationally cosmo- politan. German? Dutch? It didn't matter, Sir George had been recognized.
George rose slightly. "Yes, yes. Of course. Excuse me, I was lost in thought, you know. Sir George Sterling. Of course. Please do be seated."
The stranger said, "Sir George, would you be offended if I of- fered you another drink, and perhaps took a few minutes of your valuable time?" The man smiled genuinely and sat himself across from George before any reply. He knew what the answer would be.
"Please be seated. Metaxa would it be for you, sir?" The man nodded yes. "Garcon?" George waved two fingers at one of the white-jacketed waiters who worked in the outdoor cafe. "Metaxa, parakalo!" Greek waiters are not known for their graciousness, so a brief grunt and nod was an acceptable response. George returned his attention to his nocturnal visitor. "I don't believe I've had the pleasure . . ." he said in his most formal voice.
"Sir George, please just call me Alex. Last names, are so, well, so unnecessary among men like us. Don't you agree?"
George nodded assent. "Yes, quite. Alex then, it is. How may I assist you?"
"Oh no, Sir George, it is I who may be able to assist you. I understand that you would like to continue your, shall we say, extended sabbatical. Would that be a fair appraisal?" The Metaxas arrived and Alex excused the waiter with two 1000 Drachma notes. The overtipping guaranteed privacy.
George looked closely at Alex. Very well dressed. A Saville was it? Perhaps. Maybe Lubenstrasse. He didn't care. This stranger had either keen insight into George's current plight or had heard of his escapades across the Southern Mediterranean. Royalty on Sabbatical was an unaccostable lie that regularly passed critical scrutiny.
"Fair. Yes sir, quite fair. What exactly can you do for me, or can we do for each other?"
"An even more accurate portrayal my friend, yes, do for each other." Alex paused for effect and to sip his Metaxa. "Simply put Sir George, I have the need for a well spoken gentleman to represent me for a period of perhaps, three months, perhaps more if all goes well. Would that fit into your schedule?"
"I see no reason that I mightn't be able to, take a sabbatical from my sabbatical if . . .well now, how should I put this . . ."
" . . .that you are adequately compensated to take time away from your valuable projects?"
"Yes, yes quite so. Not that I am ordinarily for hire, you understand, it's just that . . .". Alex detected a slight stutter as Sir George spoke.
Alex held up both hands in a gesture of understanding. "No need to continue my dear Sir George. I do thoroughly recognize the exorbitant costs associated with your studies and would not expect your efforts, on my behalf of course, to go unrewarded."
George Toft was negotiating with a man he had never met, for a task as yet unstated. The only reason he didn't feel the discom- fort that one should in such a situation is that he was in desperate need of money. And, this stranger did seem to know who he was, and did need his particular type of expertise, whatever that was.
"What exactly do you require of me, Alex. That is, what form of representation have you in mind?" He might as well find out what he was supposed to do before naming a price.
Alex laughed. "Merely to be my voice. It is so simple, really. In exchange for that, and some travel, first class and all ex- penses to which you are accustomed, you will be handsomely paid." Alex looked for Sir George's reaction to the proposed fees. He was pleased with what he saw in George's face.
Crikey, this is too good to be true. What's the catch<D>. As George ruminated his good fortune and the Metaxa, Alex contin- ued.
"The job is quite simple, really, but requires a particular delicacy with which you are well acquainted. Each day you will receive a list of names. There will be instructions with each name. Call them at the numbers provided. Say only what is writ- ten. Keep notes of each call you make and I will provide you with the means to transmit them to me in the strictest of confi- dence. You and I will have no further personal contact, either if you accept or do not accept my proposition. If we are able to reach mutually agreeable terms, monies will be wired to a bank account in your name." Alex opened his jacket and handed George an envelop. "This is an advance if you accept. It is $25,000 American. There is a phone number to call when you arrive in San Francisco. Follow the instructions explicitly. If you do not, there will be no lists for you, no additional monies and I will want this money back. Any questions Sir George?" Alex was smiling warmly but as serious as a heart attack.
Alex scanned the contents of the envelope. America. He had always wanted to see the States.
"Yes, Alex, I do have one question. Is this legal?" George peered at Alex for a clue.
"Do you really care?"
"No."
"Off you go then. And good luck."
* * * * *
Sir George Sterling arrived in San Francisco airport the follow- ing evening. He flew first class and impressed returning Ameri- can tourists with his invented pedigree and his construed impor- tance. What fun. After the virtually nonexistent customs check, he called the number inside the envelop. It rang three times before answering. Damn, it was a machine, he thought.
"Welcome to the United States, Sir George. I hope you had a good flight." The voice was American, female, and flight attendant friendly. "Please check into the San Francisco Airport Hilton. You will receive a call at 11 AM tomorrow. Good night." A dial tone replaced the lovely voice. He dialed the number again.
A mechanical voice responded instead. "The number you have called in no longer in service. Please check the number or call the operator for assistance. The number you have called is no longer in service…"
George dialed the number twice more before he gave up in frustra- tion. He had over $20,000 in cash, knew no one in America and for the first time in years, he felt abandoned. What kind of joke was this? Fly half way around the world and be greeted with an out of service number. But the first voice had known his name. The Hilton. Why not?
At precisely 11AM, the phone in Sir George Sterling's suite rang. He was still somewhat jet lagged from his 18 hours of flying and the span of 10 time zones. The Eggs Benedict was exquisite, but Americans could learn something about tea. The phone rang again. He casually picked it up.
"Good morning, Sir George. Please get a pencil and paper. You have fifteen seconds and then I will continue." It was the same alluring voice from yesterday. The paper and pen were right there at the phone so he waited through 14 seconds of silence. "Very good. Please check out of the hotel and pay cash. Proceed to the San Francisco airport and from a pay phone, call 5-5-5-3-4-5-6 at 1 P.M. Have a note book and two pens with you. Good Bye. "
The annoying dial tone returned. What a bloody waste of time.
At 1P.M. he called the number as he was instructed. He figured that since he was to have a notebook and pens he might need to write for a while, so he used one of the phone booths that pro- vides a seat and large writing surface.
"Good afternoon Sir George. In ten seconds, your instructions will begin." Again, that same voice, but it almost appeared condescending to him now. Isn't that the way when you can't respond. The voice continued. "Catch the next flight to New York City. Stay at the Grand Hyatt Hotel at Grand Central Sta- tion on 42nd. Street and Park Avenue. Not a suite this time, Sir George, just a regular room." Sir George was startled at Alex's attention to detail.
"You will stay there for fourteen days. On 56th. street and Madison avenue is a school called CTI, Computer Training Insti- tute. You are to go to CTI and enroll in the following classes: DOS, that's D-O-S for beginners, Intermediate DOS and Advanced DOS. You will also take WordPerfect I and II. Lastly, and most importantly you will take all three classes on Tele-Communica- tions. They call it TC-I, TC-II and TC-III. These eight class- es will take you ten days to complete. Do not forget to pay in cash. I will now pause for ten seconds." Alex was writing furi- ously. Computers? He was scared silly of them. Not that he had ever had the opportunity or the need or the desire to use them, just from lack of exposure and the corresponding ignorance. But if this meant he could keep the $25,000 he would do it. What the hell.
"After you enroll, go to 45 West 47th street to a store called Discount Computer Shoppe. Buy the following equipment with cash. One Pro-Start 486-80 computer with 8 Meg RAM. That's 8 M-E-G R- A-M and ask for a high resolution color monitor. Also purchase, and have them install a high speed modem, M-O-D-E-M. Do not, I repeat, do not purchase a printer of any type. No printers Sir George. You are never to use a printer. Ever. Lastly, you will purchase a copy of Word Perfect and Crosstalk. If you wish any games for your amusement, that is up to you. When you have completed your studies you will call 212-555-6091. Do not call that number before you have completed your studies. This is imperative."
Sir George was just writing, not comprehending a thing. It was all gibberish to him. Pure gibberish.
"Sir George." The female voice got serious, very serious for the first time in their relationship. "You are to speak to no one, I repeat, no one, of the nature of your business, the manner in which you receive instructions, or why computers have a sudden interest for you. Otherwise our deal is off and your advance will be expected to be returned. Am I clear?"
George responded quickly, "Yes!" before seeing the lunacy of answering a machine.
"Good," the voice was friendly again. "Learn your lessons well for you will need the knowledge to perform your tasks. Until we speak again, I thank you, Sir George Sterling." The line went dead.
George Toft took his computer classes very seriously. He had in fact bought a few games to amuse himself and he found himself really enjoying the work. It was new, and exciting. His only social distractions were the sex shops on Times Square. Red Light Amsterdam or the Hamburg they weren't, so midnight antics with the Mario Brothers prevailed most evenings. Besides, there was a massive amount of homework. Bloody hell, back to school. He excelled in his studies which pleased George a great deal. In fact most of the students in Sir George's computer classes ex- celled. The teachers were very pleased to have a group of stu- dents that actually progressed more rapidly than the curriculum called for. Pleasant change from the E Train Bimbos from Queens.
The computer teachers didn't know that a vast majority of the class members had good reason to study hard. Most of them had received their own $25,000 scholarships.
* * * * *
Sunday, September 6 SDSU Campus, San Diego, California.