Heads You Win

‘And the management hoped that you would enjoy a bottle of Chablis Beauregard to mark this special occasion, with our compliments.’

‘I should have married you, Fran?ois, as it’s clear you would never have forgotten our wedding anniversary, and would have known exactly what gift to give me.’

Fran?ois bowed and left them.

‘But when Lawrence left you his fifty per cent of the bank’s shares, they were worthless,’ said Anna, ‘and now they must be worth a fortune.’

‘Possibly, but I can’t afford to offload any of my stock while Evelyn still owns the other fifty per cent, because then she’d have overall control.’

‘Perhaps she might consider selling her shares? After all, she always seems to be short of cash.’

‘Quite possibly, but I don’t have that sort of capital available,’ said Alex.

‘But if I remember correctly,’ said Anna, ‘on the day our son was born Evelyn offered you her shares for a million dollars and I suggested you might live to regret not buying them.’

‘Mea culpa,’ said Alex. ‘And at the time I even considered selling off Elena’s so I could buy the shares myself, but that would have been one hell of a risk, because if the bank had gone under, we’d have ended up with nothing.’

‘Hindsight,’ said Anna. ‘But dare I ask what those shares are worth now?’

‘About three hundred million dollars.’

Anna gasped. ‘Will the bank end up having to pay her the full amount?’

‘Possibly, because we can’t afford to let another bank get hold of fifty per cent of our stock, otherwise we’d be looking over our shoulders for the rest of our lives, especially if Doug Ackroyd turned out to be advising them.’

‘Perhaps you should have agreed to stand for the Senate. Far less hassle, and a guaranteed salary,’ said Anna.

‘While having to listen to the views of millions of voters, rather than a dozen board members.’

‘It would be even more, if you fulfilled your lifelong dream and stood for president.’

‘Of America?’

‘No, Russia.’

Alex didn’t reply immediately.

‘Ah,’ said Anna, ‘so you do still think about the possibility.’

‘Aware that like any dream, I’ll wake up,’ said Alex, as Fran?ois reappeared by their side.

‘Can I tempt you with dessert, madam?’ he asked.

‘Certainly not,’ said Anna. ‘We’ve both had quite enough. Anniversaries should not be an excuse to put on weight. And he,’ she said, pointing to her husband, ‘missed his gym session again today. So definitely nothing for him.’

Fran?ois filled their glasses and took away the empty bottle.

‘To another memorable year together, Mrs Karpenko,’ said Alex, raising his glass.

‘I wish you weren’t going to Russia.’

*

‘I wish you weren’t going to Russia,’ said Elena, as she placed two pizzas in front of them.

‘You and Anna,’ said Alex as a waiter rushed across and said, ‘I’m sorry to bother you, Mr Karpenko, but your secretary has just called to let you know there’s been a problem with the visas, and asked if you could return to your office as soon as possible.’

‘I’d better go and find out what the trouble is,’ said Alex. ‘I’ll be as quick as I can.’

He left his mother and an anxious-looking Pushkin to finish their pizzas, while he quickly made his way back to the office, where Miss Robbins was waiting for him.

‘Is it all going to plan?’ she asked.

‘Yes, Misha and my mother were sharing a pizza when I left them. She may not know a great deal about banking or business, but when you’ve been in the catering trade for as long as she has, there’s not much you don’t know about people. Anything important before I head back?’

‘Ted Kennedy’s assistant called to confirm that all five visas will be on your desk by four o’clock this afternoon, and she also reminded me that the senator will be standing for re-election next year.’

‘That’s going to cost me another hundred thousand.’

‘I’ve also got you a thousand dollars in cash and the equivalent in roubles, as cheques and credit cards still don’t seem to cut much ice in the Soviet Union. The team are booked into the Hotel Europa for five nights.’

‘One night might turn out to be enough.’

‘And Captain Fullerton is expecting you at Logan around eleven this evening. He has a slot booked for eleven-thirty. You’ll refuel in London, before flying on to Leningrad. So now you can go back and find out what your mother makes of Mr Pushkin.’

Alex took his time returning to Elena’s, and when he arrived, he could see his mother listening attentively to every word Misha was saying. The anxious look returned to the Russian’s face when Alex joined them.

‘A problem with the visas?’ he asked.

‘No, it’s all been sorted out. I hope you enjoyed the pizza.’

‘I’ve never had one before,’ admitted Pushkin, ‘and I have already told your mother I know the ideal spot to open the first Elena’s in Leningrad. If you’ll excuse me for a moment, I have to go and do what you Americans call “freshen up”.’

The moment he disappeared downstairs, Alex asked, ‘What’s your verdict, Mama?’

‘He’s pure gold,’ said Elena. ‘Not even gold plated. I know nothing about gas except how to turn it on and off, and I accept I’ve only just met Misha, but I’d happily leave him standing next to an open till.’

‘Family?’ asked Alex, not wanting to waste a moment before Misha returned.

‘He has a wife, Olga, two children, Yuri and Tatiana, who are both hoping to go to university, but he thinks their daughter’s chances are better than his son’s, whose sole interest seems to be motorbikes. Frankly, Alex, I don’t think Misha could pull the wool over your eyes, even if you were fast asleep.’

Pushkin reappeared at the top of the stairs.

‘Thank you, Mama. Then it looks as if I’m on my way to Leningrad.’

‘Please remember to visit your father’s grave, and do try to catch up with your Uncle Kolya. I can’t wait to hear all his news.’





40





ALEX


Boston and Leningrad



Alex had assembled a team of four heads of department, led by Jake Coleman, to accompany him to Russia. All were experts in their fields: banking, energy, contract law and accounting. Dick Barrett, head of the bank’s energy department, had already spent several hours with Pushkin and admitted that he’d come away mightily impressed.

‘That man knows more about the industry than many so-called expert consultants, yet he’s never earned more than a few thousand dollars a year. So for him, this is quite literally the opportunity of a lifetime. He reminded me that Russia has twenty-four per cent of the world’s natural gas reserves, as well as twelve per cent of its oil. I’ll need to sit next to him on the plane so that by the time we touch down in Leningrad, I just might be able to hold my own.’

It was Andy Harbottle, the company’s new in-house lawyer, known as ‘Mr Downside’, who would have to draw up the final contract. But not before his father had given the document his stamp of approval.

Jake had been able to confirm that Pushkin didn’t have a great grasp of finance, and warned Alex that they wouldn’t know if the figures stacked up until they got to LGP’s headquarters and were able to study the books.

‘How could he be expected to grasp something this complex?’ said Alex. ‘No one has ever been offered deals where you can make a profit of a thousand per cent virtually overnight. What’s happening in Russia today is like the gold rush in California in the 1850s, and we must take advantage of it before our competitors do.’

‘I agree,’ said Harbottle. ‘And although I’m a cautious individual by nature—’

‘The son of your father,’ suggested Alex.

‘I’ve never known anyone seize an opportunity the way you do, and this might even turn out to be that breakthrough you so often talk about that will allow us to join the major leagues.’

‘Or bankrupt us.’

‘Unlikely,’ said Harbottle. ‘Don’t forget, we have one big advantage over our rivals. Our chairman is Russian, and was born in Leningrad.’

Alex didn’t add, and escaped after nearly killing a senior KGB officer.