The First Billion Read Online Free PDF Page B

If the Mercury IPO goes well, we’ll be doing business with Kirov for a decade. We’re already talking a secondary offering in a year, and he’s asked us to scout some acquisition targets for him. Mercury’s a gusher waiting to be tapped, and we’re darned lucky they chose us to do the drilling. He asked me if I wanted him to send over his jet to bring me to Moscow. He wants to personally show me the premises. He’s worried about how the market’s taking it.”
    “And how
is
the market taking it?” asked Byrnes. “What’s the word from Bruce?”
    “Too soon to tell, but this kind of thing is never good. We’ll need to engage in some proactive damage control.”
    “So you believe Mr. Kirov?”
    “A hundred percent.”
    “All right then. Let’s look at this closer.”
    Digging his hands into his pockets, Grafton Byrnes began a slow circuit of the room. “This is an accusation of material fraud. The Private Eye-PO isn’t just saying that Mercury isn’t up to snuff, he’s implying we knew all about it, too, and kept our mouths shut. If those photos are genuine, there’s no way Mercury can be doing the business it claims. Two hundred thousand clients in Moscow? Hell, they couldn’t service twenty with that stuff. These accusations are tantamount to saying the company’s entire P&L is a bunch of garbage. We’ve got to imagine that most of our customers will either read this or get wind of it and come to the same conclusions themselves. In a few hours, every one of Bruce Jay Tustin’s salesmen will be fielding calls asking for us to comment on the Private Eye-PO’s claims. Whether we believe Kirov or not, we’ve got to check on Mercury.”
    “Agreed.”
    “And not under his personal auspices, I’m afraid. Tell him you’ll pass on the jet. I’ll give Silber, Goldi, and Grimm a call instead.” Byrnes was talking about the Swiss accounting firm that had performed the due diligence on the deal. “They’re in Geneva; it’s only a two-hour flight for them. They can have this sorted out by the end of business tomorrow.”
    “No go,” responded Gavallan. “I don’t want to bring an outside firm into this. It’s too late for that. We can’t have anyone thinking we have even the slightest doubts about Mercury, not this far into the quiet period. One of us has to go. Like you said, our head is on the chopping block as much as Mercury’s.”
    “One of us?”
Byrnes did not look pleased.
    “I’d go if I could, you know that. I’ve got the dinner on Wednesday.”
    “Yeah, yeah, I know. Since when did hospitals start honoring border trash as ‘Man of the Year’? I’ll miss heckling you. I had a few choice tomatoes saved for the occasion.” Byrnes collapsed onto the sofa, resting his chin on folded hands. “And how will your friend Kirov feel about this? He’s bound to find out.”
    “He won’t like it, but he’ll understand,” explained Gavallan. “He knows what’s involved to get a listing on the Big Board. In the end, he’ll thank us for it.”
    “I hope so. I don’t relish getting a guided tour of the Lubyanka.”
    Rolling his eyes, Gavallan opened the drawer and took out a plane ticket. He’d known all along the actions required of the firm. He’d just wanted Byrnes’s opinion on the matter. “Flight goes at one,” he said, waving the slim jacket. “Consulate opens at eight. You’ll need a visa. If you hurry, you might even have time to get home and pack.”
    Byrnes picked up the ticket off the desk, opening the sleeve and reading over the flight details. “You’re a crafty prick, you know that?”
    “What do you expect? I learned from the best.”

    Recalling the moment forty-eight hours earlier, Gavallan caught his reflection in the glass. He was surprised at the man staring back. He looked tired and worn, older than his years. The weight of office, he told himself. The price for making a fortune before the age of forty. And the price for losing it? he wondered.