accountsâmost of themâbut RM and M looks like a genuine business. Solid. Lots of assets, lots of employees. Lots of profits, tooâaccording to this, their costs per ounce are half the industry average.â
âNo reason they couldnât be bent and have a legit side,â Tully said dubiously.
Tom grunted and read, skimming with the ease of someone whoâd been flipping through reports most of his adult life. Rolfe Mining and Minerals Inc. Founded by John Rolfe in 1946, and heâd been born in Virginia in 1922; apparently a real connection to the Pocahontas people. He scanned quickly down the article, but found no picture of the man.
âNo visuals?â he said, looking up at Tully.
âNothing,â his partner replied. âNot in the back files of the newspapers, not in the society magazines, and not anywhere on the Web. Interesting, isnât it, for someone with that much money? Iâve got a request pending with the Pentagonâthere might be something from WWII.â
âIt is interesting,â Tom said cautiously: Tully had a tendency to leap to convictions. âBut itâs not illegal. By lots of money, you mean lots of money, I presume?â
âRead on, Kemosabe. Tonto think it maybe too quiet there.â
Rolfe had a fairly impressive service record; commissioned out of VMI at twenty in â42, service with the Ninety-sixth Infantry in the Pacific, Purple Heart and field promotion on Letye, another Purple, a Silver Star and a serious wound on Okinawa, which was why he hadnât ended the war as a major at least.
Then the move to San Francisco, like so many veterans whoâd shipped out through the Bay Area during the Great Unpleasantness. His company had gotten big fast in the postwar boom, diversifying in the sixties into real estate, banking and insurance, but staying a closely held private corporation; no more than the minimum SEC information. That meant no real idea of what they were worth, but it had to be immense, just from the publicly acknowledged holdingsâa corporate headquarters in the San Francisco financial district, and a huge warehouse complex in Oakland. There were also offshore operations, theoretically independent: the Caymans, Hong Kong, Singapore, and Bermuda, which hinted at massive assets moved out of country for tax purposes, plus mining properties in Africa and Asia and odd corners of South America. And those odd subsidiaries, which didnât fit at all.
âIâve got a bad feeling about this,â Tom said, crossing an ankle over his knee and considering the documents in his lap. âA bad feeling that our promising lead is evaporating.â
âYeah, it smells funny,â Tully said, fishing for cigarettes inside his jacket and then popping a stick of gum into his mouth instead. âThere was what, maybe ten, fifteen million worth of stuff in that warehouse?â
â âBout that.â Tom nodded.
âWhich is petite larceny to this crowd,â Tully replied. âCappuccino money.â
âYeah. People that rich donât do crimeânot below the bribe-the-dictator-of-Corruptistan level when they need a pipeline concession. Hell, even the Italians went respectable when they made their pile. Thatâs the way it works; you get into organized crime, make a bundle, and your kids or grandkids invest it and get out. Hell on a stick, RM and M is old money now by Californian standards. Iâd expect them to be living off capital gains and making donations to worthy causes, maybe the third generation becoming art collectors or painters or living in cabins in the north woods.â
âThe Bad Things could be happening at a lower level,â Tully said. âSomeone in this ratfuck of corporations, rather than the top management themselves. But the condor did pass through Oakland, RM and M does have that big facility there, and we did find the Bosco Holdings stationary in the
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