Shadow Account (7 page)

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Authors: Stephen Frey

Tags: #Fiction, #Thrillers, #General, #Suspense

BOOK: Shadow Account
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“Thinking you can stop it,” Conner finished the sentence. “Thinking you can save her.” He hadn’t witnessed his mother’s death, but for years afterward he would wake up in the middle of the night from a horrible dream in which he saw it happen in slow motion. Saw that it was
about to happen
, but there was nothing he could do.

“Yes.”

Conner nodded. “I know.”

Gavin stared at him for a long time, then patted his shoulder. “I appreciate being able to tell you that. Paul wouldn’t understand.”

“What do you mean?”

“Paul’s a shallow man,” Gavin explained with a sigh. “Not a man given to deep thought. I don’t respect him the way I respect you, Conner. Maybe the answer to Paul’s insensitivity is that he’s never had to work for anything. He’s always had money. Not like you and me. Perhaps that’s why he has no tolerance for people unlike himself. He doesn’t understand how hard they’ve had to fight to survive. But I still find his lack of sensitivity distasteful. Sometimes downright offensive.” Gavin nodded at the gravestone. The rain was falling harder now. “You cared for Liz, didn’t you?”

“Yes.”

“And you want to find out what happened to her.”

“I
have
to find out what happened to her. I have to find her killer.” Conner paused. “And I have to protect myself. They might come after me again. It might be better for me to take the fight to them first.”

Gavin nodded. “All right, I’ll help you. But you have to promise me something.”

“What?”

“If you find out anything important, and it looks like things are going to get rough, you’ll let me know so I can bring in law enforcement. You must keep me up to speed on what you’re doing. Do we have a deal?”

Conner hesitated. “Yes.”

         

The woman sat behind the dressing room table, admiring herself in the mirror. The sash of the red silk robe had come undone and her chest was partially visible. She reached up and pushed her hair off her shoulders, then pulled the robe down so her breasts were exposed. They were full and firm and she smiled, thinking about how many men had admired them.

She wasn’t ashamed of the path she’d chosen. She’d simply made the most of a bad situation—and what God had given her. Done what was necessary to escape a dusty, west Texas trailer park. Left her mother and two sisters behind at sixteen with $107 in her purse and a few clothes in an old Samsonite suitcase. Uncertain of where she was going or how she was getting there. Now she had almost a hundred grand in a Miami bank. She’d come a long way from west Texas.

But she wasn’t satisfied. A hundred grand wasn’t nearly enough. She wanted more.
Deserved
more, dammit. The plan had to work. Failure wasn’t an option.

The knock on the door was barely audible over the grinding music in the background. “Hey!”

“What do you want?” she snapped.

“Five minutes.”

She didn’t bother answering. They could wait. It was time for her to start taking control over every facet of her life.

Which was how the whole thing had started.

7

“Good afternoon. Morgan Sayers investment banking group. How may I direct your call?”

The woman’s greeting was practiced and professional. “Is Todd Bishop there?”

“Mr. Bishop is in Europe. May I put you into his voice mail?”

“Do you know when he’ll be back?”

“Not until next week. Let me trans—”

“This is his brother-in-law,” Conner interrupted. He wasn’t going to wait until next week to start digging.

There was a brief pause at the other end of the line.
“Brother-in-law?”

“Well, brother-in-law to be. He’s marrying my sister, which is why I’m calling,” Conner continued. “It’s very important that I talk to him as soon as possible. He and I need to make some arrangements.”

“Todd is getting
married
? My God, I had no idea.”

“I doubt he’s told anyone yet,” Conner said. “He and my sister are trying to keep it quiet.” Which wasn’t true. Not according to Liz, anyway. She’d told him there was a huge engagement party at a Connecticut country club one weekend last month. And that formal announcements had been mailed out back in June. “They aren’t planning to actually tie the knot for a year.”

“Oh.”

The woman at the other end of the line sounded confused. “What’s wrong?” he asked.

“I don’t understand.”

“Don’t understand what?”

“I . . . I don’t want to say anything wrong,” she said hesitantly. “Maybe Todd and Martha got back together before he left for Europe Sunday evening.”

“Martha?”

“I’m going to put you into Todd’s voice mail,” said the woman quickly. “I don’t think I better say any more.”

“No, wait—” But she clicked off the line, and the voice mail greeting started.

Conner listened to the voice briefly but ended the call without leaving a message.

Martha. Maybe that was Todd’s pet name for Liz. He shook his head. Doubtful. Besides, the woman who’d answered the phone thought Todd and whoever Martha was were separated. Liz hadn’t mentioned anything about a breakup. She would have told him.

Then again, maybe she wouldn’t.

So there were two possibilities. Todd Bishop was the wrong man, or Liz had been lying about the engagement. If she’d been lying about the engagement, maybe she’d been lying about a lot of other things, too.

Conner called Jackie Rivera’s office next.

“This is Jackie Rivera.”

“Jo, it’s Conner.”

“Hey there,” she said, her voice coming to life when she realized who it was. “Isn’t this a surprise? Conner Ashby actually calling me back when he said he would.”

He felt a quick twinge of guilt. He needed something from her. That was why he’d been so prompt.

“Unless of course you’re calling because you need something.”

“Uh . . . maybe.”

“I hate you,” she said, laughing. “Well, I should. But I don’t.”

In every pound of sarcasm there was at least an ounce of truth.
One of Jackie’s favorite sayings. “Jo, I need to ask you some accounting questions.”

Jackie had been an accountant for thirteen years, and she was as good as they came. Conner had met her through a business associate shortly after joining Phenix, and had retained her several times since to work on transactions with him. To make certain the big boys were doing their jobs. So often these days they weren’t.

“Is it a couple of quick questions?” she wanted to know. “If it is, that’s fine. We can do it now. But if you’ve got a lot of material you want to cover, we’ll have to talk later. I’ve got a big client coming by in a few minutes.”

“Yeah, this may take a while. It’s probably better if we do it in person.”

“How about tomorrow at two?”

“Great. See you then.” He was about to say good-bye when he realized he hadn’t asked the question. “Hey, how about my thought for the—?”

“When you think you should keep going, stop,” she said. “And when you think you should stop, that’s when you
really
need to keep going.”

Conner chuckled. “Thanks, Jo. See you tomorrow.”

“Bye.”

He slid the cell phone into his pocket.

“Would you like me to try Mr. Davenport again?”

Conner glanced up at the receptionist. He’d been waiting in the lobby outside Merrill Lynch’s high net worth individual group for twenty minutes. This group took special care of Merrill’s very wealthy clients. A half-million-dollar net worth was chump change to these people.

“It’s no problem,” the young woman added.

He was waiting to see Ted Davenport, the group’s senior executive. A man Gavin knew and had called this afternoon from the limousine while they were coming back into the city. That was one thing about Gavin: When he promised to help, he followed up right away.

“Thanks.”

“Sure.”

He watched the young woman place the call. She was pretty, which didn’t surprise him. Most high rollers, especially the international types, were men. And they wanted eye candy walking around when they visited the States to check on their money. The Merrill executives knew this, so the group behind the lobby door was probably staffed with a bevy of attractive young woman. Women like this receptionist. And like Liz. Probably Ginger, too, though he’d never met her. It was the same all over Wall Street. Savvy investment bankers understood the deal just as well as film producers and cola executives. Sex sold everything.

“Mr. Davenport says he’ll be right out. He apologizes for keeping you waiting.”

“Thanks.”

Davenport didn’t care about making him wait. What he cared about was Gavin hearing about it. Despite being fired from Harper Manning, the old man still cast a long shadow on Wall Street. People expected him to make it back to the top. Both
Forbes
and
Fortune
had run articles in the last several months predicting that, despite Gavin’s advancing age, he had at least one more run left. In
Forbes
’s case, Gavin had made the cover, a copy of which he’d framed and placed prominently in the Phenix Capital reception area.

The lobby door opened and a trim man wearing round, tortoiseshell glasses appeared. “Conner?”

“Yes.” Conner stood up and they shook hands in front of the receptionist.

“Ted Davenport. Nice to meet you. Come on back to my office.”

Conner followed Davenport through the tastefully decorated floor to a spacious office overlooking New York harbor. As he’d anticipated, he’d seen several attractive young women along the way.

“Please.” Davenport gestured at a comfortable-looking couch as he sat down in an easy chair.

“Thanks.”

“Would you care for anything to drink, Conner? How about an Evian?”

“No, thanks.”

People in this group didn’t actually manage money. They didn’t pick specific stocks or determine portfolio allocations. They simply collected cash and entertained. The better they entertained, the more they collected. So everything here focused on creature comforts and etiquette.

“How’s my old friend Gavin Smith?” Davenport wanted to know.

“Fine.”

“You work for him, right? I think that’s what he told me when we spoke earlier.”

“That’s right.”

“And the new firm? What’s the name again?”

“Phenix Capital.”

“That’s right, Phenix. How many people has Gavin hired so far? He always was one of those guys who needed an empire.”

“Thirty.”


Thirty!
Jesus. That’s a lot even for Gavin. At least, so quickly. You guys must be cranking out the deals.”

“We’re doing all right.”

Phenix had closed just four transactions since Conner had joined—and none before that. A tiny number of deals for any mergers and acquisitions group. And none of them were more than $50 million in size, so the fees were small, too. Phenix’s revenue was less than a million dollars for the year.

“Where are the offices?”

“On Park Avenue between Fifty-second and Fifty-third.”

Davenport whistled. “High-rent district. But then our business is all about image, right?” he asked.

Not like he was really looking for an answer, Conner realized. So he didn’t give him one.

“Thirty people and a Park Avenue address.” Davenport laughed. “That’s one hell of an overhead nut. Must be close to ten million a year, all-in.”

It wasn’t quite that high, but it was close. And the continuing losses concerned Conner. Thirty employees and four deals didn’t add up to positive cash flow on anybody’s books, so he’d asked Gavin about the situation. Twice. Both times he’d gotten angry responses, so he hadn’t pushed. Besides, everything had to be fine if Gavin was doling out $25,000 raises and maintaining a Long Island mansion and a Manhattan penthouse.

“How did you meet Gavin?” Davenport asked.

“We both graduated from the University of Southern California.”

Davenport chuckled. “A few years apart, I assume.”

Conner smiled. “
Quite
a few. We were introduced at an alumni function two years ago,” he explained. “Before the UCLA game. At the time, I was with a West Coast investment banking firm, and he was just starting up Phenix. We hit it off right away. We talked for almost an hour before the game and had to hustle to the stadium to catch the opening kickoff. After that he’d stop by to see me when he was traveling out West, and take me to lunch when I was in New York. I was pretty impressed that a guy as big on Wall Street as Gavin would take an interest in me. Last summer, he offered me a job, and I accepted on the spot. The idea of working at a small firm directly with a man like Gavin was an opportunity I couldn’t turn down. He was pretty nice about the whole thing, too. He even paid for me to move to New York.”

“That’s Gavin. A good man.” Davenport shook his head sadly. “What happened to Helen last year was so terrible. She was a wonderful woman. I always enjoyed seeing her when she came in. Just a terrible shame,” he murmured. “She was an active woman, too. Goes to show you what can happen when you don’t wear a life jacket. The currents around Shelter Island are tricky. They’ll drag you to the bottom and never give your body back.”

“She drowned?”

Davenport looked up. “You didn’t know that?”

Conner hesitated. “I knew she fell overboard. I just . . . I thought there was another boat involved. I thought she’d been hit and killed.”

“Hit?”

“Yeah, run down by a drunk kid in a speedboat.”

Davenport looked out the window at the harbor. “My understanding was that Helen drowned and they never recovered her body.” He paused. “I never heard about another boat.”

“I must have misunderstood.”

“Maybe I’m wrong.” Davenport sat up in his chair. “Gavin said you wanted to ask me some questions.”

“Yes.”

“All right, but I don’t have much time. I’ve got a meeting in a few minutes.”

“What can you tell me about a woman named Liz Shaw?”

Davenport’s eyes flashed to Conner’s.

“I believe she worked here,” Conner continued.

“She did,” Davenport confirmed, “until two weeks ago.”

“What happened?”

“I fired her.” Davenport held up one hand. “Let me clarify that. Technically, she resigned. But I would have fired her if she hadn’t quit.”

So Liz had kept at least one major event in her life a secret. She’d never said anything about being fired, and he would never have known, because she’d told him never to call her at work. “Did she come in late and leave early a lot?” That would make sense. It would fit with the trust fund story.

“No, Liz was always on time. She didn’t know much about finance. But for her job that didn’t really matter.”

“So,
what happened
?”

Davenport hesitated. “Why are you so interested?”

“She applied for a job at Phenix and Gavin asked me to check her out,” Conner answered quickly. He’d been ready for the question.

“Uh huh. Well, let’s just say I don’t think it would be wise to hire her.”

“Why not?”

“I can’t say any more. It would be against our policy.” Davenport stood up. “I’m sorry, but I’ve got to get to this meeting. You’ll have to excuse me.”

“Could I see Ginger?” Conner asked.

“Ginger who?”

“I don’t know her last name,” Conner admitted.

“There’s no one in my group named Ginger.”

“What?”

Davenport shook his head. “Sorry.”

No one named Ginger here. Liz fired two weeks ago. Todd Bishop not Liz’s fiancé.

“Conner, I really do need to—”

“One more question,” Conner interrupted, standing up, too.

“Yes?”

“How do you know Gavin?”

Davenport opened the office door. “I used to take care of his considerable wealth,” he explained. “Gavin didn’t like his partners at Harper Manning knowing how much he had. So he kept it here instead.”

“You said you ‘used to’ manage it.”

“That’s right.”

“Why don’t you manage it anymore?”

“To keep money in my group, you have to maintain a minimum net worth. Gavin fell below that minimum some time ago.”

         

Conner emerged from the Merrill Lynch building into the long shadows of early evening. Men and women were hurrying toward subways and buses. Manhattan’s rush hour was in full swing.

As he crossed the street, Conner glanced over his shoulder, startled by the sound of a vehicle backfiring. Through the crowd he spotted a striking woman standing on the far corner, gazing in his direction. She wore reflective sunglasses beneath the brim of a dark blue baseball cap with a red insignia.

Conner stared at the woman as commuters streamed past her. Sunlight blazed about her slim frame, making it difficult for him to see much. Just long blond hair flowing from beneath the cap down onto her shoulders. Then she faded into the crowd. As if into a mist.

Conner headed back across the street toward her, just as the light changed and a pickup barreled into the intersection. He jumped back on the curb, barely avoiding the right front fender of the truck. The driver slammed on his brakes and shouted through the open passenger window at him. Conner ignored him and bolted to the back of the truck, then across the street toward a huddle of people milling around on the corner waiting for the light to change. Through the crowd he caught a glimpse of the baseball cap and the blond hair moving away. The woman looked so familiar. So damn familiar. He raced after her.

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