banalities. Matthew had photocopied the doctored original, then inspected it under a magnifying glass. He was confident that the changes were virtually undetectable.
McAllister tapped the letter lightly with his finger to indicate that Matthew should take it back.
‘Don’t write off Coburg’s,’ he said softly. ‘They’ve been around for more than two hundred years, twice as long as we have. We’ll be doing well to last that long ourselves.’
The interview was over.
11
George drove away from the little cluster of buildings. Once out of sight, he pulled out his Financial Times and put a line through another box. This was getting ridiculous. He’d try for another two weeks - three at most - then give it all up. Zack or Matthew could try to win their father’s fortune. He’d apply for a job stacking shelves. He’d make new friends, find new things to do. Maybe in time he’d go back to school and get some exam results and a proper job. He’d live the way most people lived. But for now he’d go on trying, just a little longer.
He looked back at his newspaper. Next on the list was Gissings, based in the village of Sawley Bridge up near Ilkley in Yorkshire. He phoned a number and was put through to somebody who put him through to somebody else. George explained his interest and asked if there were any documents he could have a look at. Yes, there were documents. Would he like them posted?
Yes, please, said George, but it wasn’t convenient to post them to his business address at present. Perhaps they could send them to the hotel he’d be staying at - The Devonshire Arms near Skipton. That was fine. They’d send the documents out right away. Did he want to make an appointment for a site visit now? No, that was fine, he’d look through the documents first.
George switched his phone off. He was headed north anyway to view some Scottish outfit, a long shot. He’d pass by the Devonshire Arms, apologise for changing his plans and pick up the documents from a mystified receptionist. He was getting good at doing that. Just like he was getting pretty good at keeping himself pretty much respectable while living mostly in a two-seater Lotus Esprit with an engine capacity bigger than its luggage hold.
He looked back at the ad. Gissings, eh? He didn’t feel hopeful, but he didn’t feel ready to stack shelves either. He drove off, wearily.
12
First step, gather information.
Matthew dug into the bank’s news database to get the dates of all European summits over the last ten years, then printed articles from Europe’s leading papers in the run-up to and aftermath of each summit. Then, switching to a new database, he collected bond market data around the key dates. Then, finally, he called up relevant research reports published by the major investment banks and printed about thirty reports of a few pages each. The database was charged at twenty-five dollars a sheet and he ran up a bill of a couple of thousand dollars in an hour and a half. It didn’t bother Matthew and it wouldn’t bother anyone else either.
When a single trade, even a small one, can easily win or lose five thousand dollars for the bank, cost control is a game reserved strictly for losers.
By this point it was four in the afternoon and Matthew had a vast pile of paper by his desk, of which he’d read almost nothing.
Matthew worked his way swiftly through the pile. Most of it was dross, but amidst the rubbish were diamonds scattered and he needed to find them. He skimmed document after document and built a shorter stack of those he thought important.
Then he started to crunch some numbers. He printed graphs. He looked at the markets for bonds, currencies and shares. He categorised the previous summits in a dozen different ways and reran his numbers searching for a pattern.
By eleven in the evening, Matthew knew what he wanted to say. He also knew how he was going to say it and prove it to an audience much more knowledgeable
McAllister tapped the letter lightly with his finger to indicate that Matthew should take it back.
‘Don’t write off Coburg’s,’ he said softly. ‘They’ve been around for more than two hundred years, twice as long as we have. We’ll be doing well to last that long ourselves.’
The interview was over.
11
George drove away from the little cluster of buildings. Once out of sight, he pulled out his Financial Times and put a line through another box. This was getting ridiculous. He’d try for another two weeks - three at most - then give it all up. Zack or Matthew could try to win their father’s fortune. He’d apply for a job stacking shelves. He’d make new friends, find new things to do. Maybe in time he’d go back to school and get some exam results and a proper job. He’d live the way most people lived. But for now he’d go on trying, just a little longer.
He looked back at his newspaper. Next on the list was Gissings, based in the village of Sawley Bridge up near Ilkley in Yorkshire. He phoned a number and was put through to somebody who put him through to somebody else. George explained his interest and asked if there were any documents he could have a look at. Yes, there were documents. Would he like them posted?
Yes, please, said George, but it wasn’t convenient to post them to his business address at present. Perhaps they could send them to the hotel he’d be staying at - The Devonshire Arms near Skipton. That was fine. They’d send the documents out right away. Did he want to make an appointment for a site visit now? No, that was fine, he’d look through the documents first.
George switched his phone off. He was headed north anyway to view some Scottish outfit, a long shot. He’d pass by the Devonshire Arms, apologise for changing his plans and pick up the documents from a mystified receptionist. He was getting good at doing that. Just like he was getting pretty good at keeping himself pretty much respectable while living mostly in a two-seater Lotus Esprit with an engine capacity bigger than its luggage hold.
He looked back at the ad. Gissings, eh? He didn’t feel hopeful, but he didn’t feel ready to stack shelves either. He drove off, wearily.
12
First step, gather information.
Matthew dug into the bank’s news database to get the dates of all European summits over the last ten years, then printed articles from Europe’s leading papers in the run-up to and aftermath of each summit. Then, switching to a new database, he collected bond market data around the key dates. Then, finally, he called up relevant research reports published by the major investment banks and printed about thirty reports of a few pages each. The database was charged at twenty-five dollars a sheet and he ran up a bill of a couple of thousand dollars in an hour and a half. It didn’t bother Matthew and it wouldn’t bother anyone else either.
When a single trade, even a small one, can easily win or lose five thousand dollars for the bank, cost control is a game reserved strictly for losers.
By this point it was four in the afternoon and Matthew had a vast pile of paper by his desk, of which he’d read almost nothing.
Matthew worked his way swiftly through the pile. Most of it was dross, but amidst the rubbish were diamonds scattered and he needed to find them. He skimmed document after document and built a shorter stack of those he thought important.
Then he started to crunch some numbers. He printed graphs. He looked at the markets for bonds, currencies and shares. He categorised the previous summits in a dozen different ways and reran his numbers searching for a pattern.
By eleven in the evening, Matthew knew what he wanted to say. He also knew how he was going to say it and prove it to an audience much more knowledgeable
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