Authors: Roland Hughes
Perhaps Heidi was getting soft in her old age, but she asked Nikolaus to locate an audio course in Punjabi which taught English.
Both spoke some broken English because it was the lingua franca of Pakistani elite and spoken by most government officials.
Heidi thought things would go smoother if they were able to communicate with the staff.
The women did not have telephone or Internet access. They did have central air and the ability to control the temperature
in their own dorm room. From time to time they would wander down to the recreation room which had some tables, a pool table,
ping pong, cards and various board games. The recreation room had been designed for when scientists had to remain on-site
over the course of weeks while running experiments. Nobody had used it who wasn't part of the team. Quite simply there weren't
many experiments going on here which couldn't be done in standard work day. Besides, only the guards really knew about this
room. They kept a coffee maker here. Rumor had it one or more of the guards was servicing the woman already. Boys never seem
to waste much time when they find out nookie is present and willing.
It would be quite a few years before the reality of their predicament was forced upon these women. Even though they had cooperated,
nobody could risk them talking. No matter how many friends they made here, at the end of their usefulness, they would be harvested.
The Brit received his recall notice. He was going back to Pakistan to work with what was left of the team there. He didn't
want to go. He had even asked if he could work from here and just email the results or place them in a different directory
on the server. This was England, and England was finally stirring.
His request was denied of course, so he put off going as long as he could. British officials were given the information uncovered
at the interrogation camps, but they weren't being told much about the source. Quite frankly they didn't care. They had rounded
up more suspects than they currently had the capacity to deal with. This meant a blind eye was being turned to who the Brit's
team was rounding up. They didn't even want any records kept.
Amazingly, all of this was happening under the noses of every international journalist sent to cover the bombings. They followed
the police around like good little lap dogs and the police gave them enough footage for the evening news. Those round ups
were three to five people at a time. The Brit's team was rounding up groups of 10 and 20 at a time. They were pulling them
in faster than the interrogation camp could get them processed into cells. Indeed, they were being told to slow down because
the camp was running out of places to put them. They didn't want to send them on until they were certain they had extracted
all information. Besides, it took time to locate wealthy people in need of the organs which matched those they had. Of course
the Brits team wasn't told this part.
The real backlog wasn't the prisoner processing — they were still considered prisoners at this point — it was the tech guys
and gals trying to keep track of which machine came from where when they began dissecting the confiscated computers and cell
phones. More than once they had uncovered a critical piece of information identifying other members and not been able to determine
whose machine or phone it came from.
Part of the Brit didn't care about the analysis, but his training told him to care. The best method of finding more to round
up was to do the legwork. His primary frustration was the camp being sized so small. There were literally hundreds more they
should be nabbing, but no room at the inn.
It was with some regret that the Brit packed his things and got ready to board a commercial flight to Pakistan. He stored
the tools of his trade in the gun safe at the hotel and handed the owner a grand to keep it secure. In truth the owner would
have done it for free, but this gave him the money to upgrade another room. The low-rent hotel crowd tended to destroy everything
and he was sure they would be back once the Brit was gone.
He had heard from his team doing round ups that they were occurring in a lot of countries. It seems more countries than England
had come to the conclusion “due process” was something afforded only to the few you could handle in that manner. The rest
were simply abducted and never heard from again. Some might call it evil, but it was a necessary evil.
America, Germany, and Russia were among the other countries where cell members were being rounded up. The same process was
being used to hide it. The press was alerted to a “due process” round up where they got some great news footage, the more
serious roundups happened while the media were busy looking somewhere else.
***
Lenny called Jeremy into his office to show him the position reports. He called the other two analysts in out of courtesy,
but really only wanted to speak with Jeremy. The other two analysts weren't bright enough to realize they knew enough they
couldn't be fired. They also weren't bright enough to open their own trading accounts and follow any of Lenny's plays. Jeremy
was. Lenny didn't have to ask, he was certain the boy had a small trading account where he was tossing around a few thousand
dollars. He didn't begrudge him making some on the side from the information making this company money. Well, he did at first,
but this stream of information was coming through Jeremy and Lenny considered any debt the kid owed him paid in full. He was
quickly learning how to take over the business after Lenny died. Lenny would never retire of course. At least not as long
as someone didn't declare him mentally unstable and threaten to lock him away some where.
The position reports showed they owned over 9% of Pytho Corporation's documented outstanding shares. Lenny wanted more, but
the mutual funds he advised had gotten too greedy. Trying to erase some losses their own incompetence had cost their funds,
they jumped in with both feet when Lenny told them Pytho had a new software product coming to market inside of a month with
one major client already signed.
At least the fools had stopped asking how Lenny knew what Lenny knew. Most of them were smart enough to not ask who the client
was this time as well. The problem before them now was keeping enough of a lid on this to avoid investigation and having their
credit called in. Once again, Lenny had maxed out the credit limits for all of his paper shells and was now going to need
cash to keep the operation going until Pytho made its announcement.
Most of the funds the other two analysts handled were indexed funds. The trades for those funds were almost completely automated.
The only reason there was an analyst in charge of the fund was that the regulations required it. True, they could choose to
override some of the system's recommended purchases and positions, but neither of these guys had the brain power for that
kind of heavy lifting.
What they needed to do now was to liquidate some positions so they had the cash to handle day-to-day operations and acquire
a slightly larger position in First Global Bank. Pytho had already been priced out of purchasing range. Lenny was busy laying
all of this on the table for them when Jeremy piped up.
“Here's a wild thought. Why don't we sell off our Pytho position to below 3% of the company then use the money to buy First
Global Bank?”
Everyone looked at him.
“You just said Pytho was above the price we were willing to pay and still climbing thanks to the mutual fund buffoons. Let
it climb for another day at its current pace and it should be cresting above our lowest targeted sell price. If I'm reading
this report correctly, that is an $8 per share profit over what we paid on the first day. Dump those shares and see if it
still keeps climbing. If it is still above an $8 profit for the next day's purchases tomorrow, dump those shares. In the mean
time, we will take a position in First Global Bank. Nobody knows about it. Its share price has settled back down after the
boost from quarterly numbers. Rumors are already all over the place about Pytho's new software product. It is only a matter
of time before people find out it is banking software.”
“You don't think we should trim some of the shares we hold in other companies?” asked Lenny.
“Oh, our other funds have some real dogs in them that have been losing money since they day we bought them. They should have
been sold long ago, but selling them won't give us the kind of play we are looking for. We can still go ahead and dump the
losers we are holding, just set the parameters on the trading engine and let it trim the dead weight. That won't give us the
kind of cash we are looking for and it won't stop us from paying short-term interest which we are doing right now.”
Lenny sat back in his chair and put his hands together in front of his mouth. He was obviously thinking this over. In truth,
he was starting to think he was getting old. In his younger days he wouldn't have remained focused on the first play and would
have already implemented Jeremy's suggestion. Perhaps he really was getting that old man disorder where they fixate on something
which has little or nothing to do with the current situation. He had seen other old men get it and watched people start to
marginalize them. Sadly it usually happened to an old man in charge of something so there were terrible business outcomes.
Turning one of the reports to himself he looked at the purchases for the first day. No doubt about it, the highest price they
paid on the first day was a full $8 per share below the current trading price. Every account would have its note paid off
and cash left over to do Jeremy's play using just those shares. Jeremy's play was the smart one.
Yes, it was possible Pytho would go up another $8 per share on the growing volume of rumors, but when First Global announced
they were going to be able to trim nearly all of their IT staff and a boatload of internal accountants because of this software
package, they were really going to pop. Lenny's own rough estimate was they would save nearly $10 million per year. That kind
of cash tended to fall straight through to the bottom line.
He could easily release his analysis to the mutual funds they consulted once a position had been acquired. The mutual fund
managers would start inquiries at First Global Bank as to whether or not they were going to purchase this software. A new
rumor mill would start stating that First Global could save $10 million per year by using this software. A mad rush to First
Global would occur simply on the speculation they were the first customer. Speculation which would prove to not be unfounded
given the fact Lenny already knew it to be the case. In less than a week they would be up over $20 per share.
Having a new software product is nice, but until you can report sales, you can't get too big a boost in your share price.
Most would assume the sale to First Global Bank paid the bulk of the development costs and the support contract would allow
the product to continue for a few years. There were other banks in trouble who would be willing to purchase the software if
they could get even half of the savings First Global got.
“We will do what you say Jeremy,” Lenny finally said. “It's a good play. I will handle the sales parameters for this. Why
don't you set up the trading parameters to weed the dogs out of our portfolio this afternoon? We can all meet tomorrow and
discuss how much First Global to purchase.”
“I need all three of you to go digging through the banking corporations. There are a lot of them in trouble. We are looking
for some that simply aren't doing well but aren't too far into the FDIC watch list.”
The business school boys looked at him like he had just started speaking in a foreign language. Jeremy smiled. “Why not make
a play of our own?” laughed Jeremy.
“Exactly!” said Lenny. “Only we want a bank with its data center in the U.S. and plans to keep it there. One with at least
20 developers on their IT staff. If they happen to have some branches in other countries that is fine. We want someone that
can save enough money getting rid of their IT staff they'll beg to get this software due to their financial position. The
shred we do later on Pytho won't ruin them. They didn't chose the data center. A bank with their data centers in the U.S.
will allow them to step aside pointing a finger. Yes, their share price will drop some, but not horribly once the truth comes
out about who off-shored the data centers. First Global will lose its insurance, be under investigation, and a prime target
for hostile take over. Who better to take them over than a bank already running their software. Simply transfer the data and
the communication links on Sunday and start as a new company on Monday.”
The business school boys sat there shaking their heads. The Ivy League didn't teach anyone to think like this. With the plan
all laid out before them it was obvious it could work. Given the way these other two guys' minds worked, the introduction
could probably be made without anyone knowing “Group Lenny” was involved. Finally one of them piped up.
“You know we have a timeline problem here don't you?”
“How so?” both Lenny and Jeremy said in unison.
“It will take months to get a new bank talked into closing the deal. First Global has already started the roll-out in France
if I'm understanding the situation correctly. We've got about six months to get a new bank on the software so they are comfortable
with it when you drop the hammer on First Global.”
“We won't drop the hammer on First Global until they actually off-shore the U.S. data centers” responded Jeremy. “The clock
doesn't start until that happens. None of the other countries' operations are explicitly governed by the FDIC; most have their
own insurance bodies. It is possible one of those bodies will choose to drop the hammer on First Global before we do, but
it will only be for operations in a single country. They could sell that business unit to get out from under the problem.
You do bring up a point though ...” Jeremy drifted off.
“What point is that?” Lenny asked.
“We need them to find a U.S.-based bank for your play, then we need to find out what other insurance bodies are insuring the
operations in other countries for First Global. One of them could have or be about to have a similar regulation about data
centers staying in-country for security purposes. We need to find one other banking customer in each of those countries over
the next couple of weeks. If this play works in the U.S. why not another country as well? We could have one of our paper shells
issue them a loan for the software if they need it.”
“Do you think we will have enough cash to play the whole board?” asked Lenny.
“We will know some time tomorrow morning after dumping the shares we want to be rid of this afternoon. Besides, we have to
cover all of the bases. If some foreign agency nails First Global before we are ready to shred them, we still want to make
money from it.”
“Good point,” Lenny responded after some thought. “It might be better if one of the foreign governments starts the shred anyway.
The reporters will sniff around and find out there is an American regulation stating nearly the same thing. From there it
will snowball.”
The Ivy League boys had really only thought about the situation as far as the other U.S. bank not being far enough along to
even accept the data from First Global when the opportunity came along. They were absolutely floored by the scenario which
had just been spun out before them without any prep work.