My heart skipped a beat. Nothing prepared you for a moment like this, especially in an era when finding a federal regulator on Wall Street was like finding a Walmart on Rodeo Drive.
"What's this about?" I asked.
The agent put away his badge, but he didn't seem inclined to answer my question. He grabbed my right arm, and the other agent took my left.
"Come with us, sir," he said, and they escorted me from the lobby.
6.
MALLORY C CANTELLA CHECKED HER WATCH. SHE WOULD HAVE BET her Jimmy Choos that Michael was going to be late, as usual, so there was no point getting upset about it. But with nearly a hundred of his closest friends and colleagues waiting, she couldn't stop the stress from turning the back of her neck into one huge knot. her Jimmy Choos that Michael was going to be late, as usual, so there was no point getting upset about it. But with nearly a hundred of his closest friends and colleagues waiting, she couldn't stop the stress from turning the back of her neck into one huge knot.
Where the heck are you, Michael?
By Saxton Silvers' standards, Michael's surprise thirty-fifth birthday party was hardly an exercise in keeping up with the Joneses. That would have meant five hundred guests at a society-page event-perhaps a re-creation of Havana's famous Tropicana nightclub in its 1940s heyday, complete with a salsa orchestra, casino tables, showgirls in feather headdresses, and dinner catered by Bobby Flay. Mallory hadn't even considered it. Michael wasn't cheap, but a blowout to end all blowouts in celebration of an accomplishment as meaningless as reaching the age of thirty-five? Never. Not Michael. She had to keep it simple. The Pierre Hotel didn't really fit that bill, but it was needed for the ruse-a venue she'd chosen to make Michael think that he was on his way to another dull black-tie business event. All would be well when he unwrapped the case of Montepulciano that she had been able to cajole from an obscure Tuscan vineyard by learning to pronounce it with feeling with feeling-"Mon-tah-pool-chah-no."
Assuming he ever gets here.
Mallory downed a Cosmopolitan and was headed toward the bar for another when her best friend came over and grabbed her.
"He's in the building!" Andrea told her.
Since marrying Michael, Mallory had struggled for acceptance by the Saxton Silvers "It girls," and Andrea was the first real connection she'd made. It was probably because Andrea wasn't in the club either. Andrea's fiance was new to the firm, the couple having moved from Seattle just eleven weeks earlier.
"Are you sure?" asked Mallory.
"Has my intelligence ever failed you?"
It was true: Andrea's information was consistently reliable, unlike the usual Saxton Silvers gossip that wound its way from the Pilates studio, to the coffeehouse, to the Madonna-inspired Power Plate workout, to the white-wine-and-salmon-tartare lunch at Barneys.
Mallory hurried up onto the stage and grabbed the microphone. The band stopped, and the event coordinator flashed the lights to get the crowd's attention.
Exactly on cue, the main doors to the ballroom opened, and Michael entered in the company of two men wearing trench coats. The band immediately started playing "Happy Birthday," and from the stage Mallory caught Michael's eye as she led the crowd in singing to him. It had been Andrea's idea to hire the actors to pose as G-men and haul Michael into the ballroom-a gag that Mallory loved. He looked genuinely stunned.
"Happy birthday, Michael," she said when the song ended. "I love you."
A long round of applause followed. A waiter handed Michael a glass of champagne, which he raised in a toast to his wife as he mouthed the words back to her, I love you, too I love you, too.
It probably would have been too much to expect Michael to climb on stage and say those words into a microphone so that everyone could hear. It would have made Mallory's night if he had, but it was enough that the weight around her neck was finally lifted.
Mission accomplished.
7.
AT ONE THIRTY A.M. I WAS STANDING AT THE WINDOW IN THE WAS STANDING AT THE WINDOW IN THE penthouse suite of the Pierre Hotel with a glass of champagne in my hand. If a sea of lights was a sign of life, then the city that never sleeps was living up to its name. penthouse suite of the Pierre Hotel with a glass of champagne in my hand. If a sea of lights was a sign of life, then the city that never sleeps was living up to its name.
I wasn't from New York, hadn't grown up wanting to live here, and fifteen years ago would have laughed in the face of anyone who told me that I would spend my thirty-fifth birthday looking down at Fifth Avenue and Central Park from the forty-second floor of a five-star hotel. Why on earth Mallory and I needed a two-bedroom suite for twenty minutes of birthday sex and a few hours of sleep wasn't entirely clear, but that was the thing about having money and living in Manhattan. Cummerbunds were stupid, but I owned at least a dozen of them. Champagne gave me a headache, but some well-trained staffer had placed a glass in my hand as I entered the room, the hotel put it on my bill, and I said thank you. I suppose I also should have thanked the guy who had guaranteed me a clear view of my wet, naked wife by designing a shower stall with warm water running between double panes of glass to prevent fogging. I couldn't explain this life-not to myself, and definitely not to Papa, who of course had been the first to call earlier in the day and wish me happy birthday. The call had ended the way our phone conversations always ended. "Tell your beautiful wife hello for me," he said. "And love each other. That's the main thing." Coming from anyone else, it would have sounded like Pollyanna. But Papa was the real deal. To him, Wall Street was one big "Fonzie scheme," no matter how many times I told him that Ponzi had nothing to do with Happy Days Happy Days and Arthur Fonzarelli. Anyway, I took his meaning, and on some level he was right. But tonight I let myself feel the accomplishment of conquering the most amazing city the world had ever known, and like the song goes, "If I can make it there..." and Arthur Fonzarelli. Anyway, I took his meaning, and on some level he was right. But tonight I let myself feel the accomplishment of conquering the most amazing city the world had ever known, and like the song goes, "If I can make it there..."
"I can't wait for your fortieth," said Mallory as she came up from behind and put her arms around me.
Papa's favorite crooner was still on my brain, and it suddenly occurred to me that Sinatra's most depressing song-the one about getting old-skips straight from "when I was thirty-five" to "the autumn of the years."
"Let's not think about forty," I said, still staring out the window.
Mallory rose up on her tiptoes and bit my earlobe. She was still dressed in her evening gown, still wearing her makeup.
"Turn down the bed," she said. "I'll be ready in ten minutes."
We mimicked one of those black-and-white-movie moments where the couple slowly slides apart until their fingertips finally separate as the woman heads off to the dressing room to "slip into something more comfortable." Mallory was fun that way. Last week, she'd sent me a sexy video by e-mail as an "early birthday present." It was a parody of Marilyn Monroe singing "Happy birthday, Mr. President" to JFK. (Mallory was certain that I would someday replace my mentor as president of Saxton Silvers.) It was hilarious, but it was also racy enough to warrant an e-mail subject line that read "Just Between Us." That unique ability to make me laugh and turn me on-sometimes at the same time-was one of the reasons I finally was able to let go of Ivy and remarry.
Ivy.
I was trying not to think of her tonight-it wasn't fair to Mallory-but Ivy was inevitably a part of my reflective mood. She just filled a different place in my heart, though I could never admit this to Mallory. Mallory and I had been good friends in high school but had never dated-and the entire student body wondered, Why not? She was the salutatorian of our senior class and went on to Juilliard to study dance. I went to the University of Florida, the best school that in-state tuition could buy. We lost touch until Mallory read about Ivy's disappearance in the Times Times. She was divorced and living in an efficiency apartment in the Village, an intermediate-level instructor at a modern dance studio, when she called me to lend the support of an old friend. That was exactly how it remained for almost two years until suddenly we asked each other the same question: Why not? We married six months later.
Funny, for all the talking we did about Ivy, I couldn't help but feel that Mallory's true impression of her was based on tid-bits of information that she had picked up at firm events-and from rumors started by Shannon and her "gosse" of Saxton Silvers wives who had met Ivy that one time. Even though I counted my blessings for reconnecting with Mallory, I sometimes wondered how my life would have turned out if Ivy and I had just stayed on the cruise as planned. On our last night together, Ivy had made it clear that she was burned out and fed up with Wall Street. Without question, being married to Ivy would have meant leaving New York. Would my life have been better? I couldn't say. All I knew for certain was that with a beautiful wife in the next room, one who had picked up a microphone and said "I love you" in front of a roomful of invited guests, thoughts like that made me feel guilty as hell.
"Can you pour us some wine, honey?" she called from the next room.
"You got it."
I went to the wet bar and dumped my overpriced glass of champagne down the sink. I had a conference call with the German Aerospace Center in Stuttgart at nine A.M A.M.-solar power was a hot green investment, and the Germans were years ahead of anyone in the United States-and I couldn't risk a headache in the morning. Champagne was the only wine that affected me that way, which was one reason I never fully understood the horrific hangover I'd woken up with on the morning of Ivy's disappearance. And there I was thinking of Ivy again, even as I was opening a bottle of pinot grigio for a woman who was determined to make my thirty-fifth birthday a night I would never forget. Papa's husky old voice was suddenly inside my head, uttering what had become one of his favorite words since moving to Florida.
Schmuck.
I poured the wine and then checked the label. It was the same Italian wine that Mallory and I had shared on our honeymoon on the Amalfi Coast. Somewhere in my DNA was a male chromosome that wanted to give myself points for at least noticing her sentimentality, but it was Mallory who deserved all the credit tonight. I was thirty-five years old, this was my life, and it was time for me to be more like Papa and focus on what I had, not on what I'd lost. Mallory was not a woman I had settled for. I was lucky to have her. My career was soaring beyond my wildest dreams. Eleven years ago, fresh out of business school, I'd set rather realistic goals to have a net worth of such and such by age thirty, by age thirty-five, and so on. I was way way ahead of those numbers. ahead of those numbers.
I took the wine and knocked on the bathroom door. The shower was running, and I knew what that meant. Mallory always showered before marathon sex. Tonight would be no quickie.
"Your wine, madame madame," I said as I opened the door.
That double-paned shower really didn't didn't fog, just as the bellboy who'd showed us to our room had promised. As I stole a glimpse of my fitness-crazed wife, I went ahead and silently thanked that voyeuristic genius, whoever he was, for having invented it. fog, just as the bellboy who'd showed us to our room had promised. As I stole a glimpse of my fitness-crazed wife, I went ahead and silently thanked that voyeuristic genius, whoever he was, for having invented it.
"Thanks, honey. Leave it on the counter."
The deluxe suite came with satellite everything, so I found a jazz station on digital radio and then swapped out my tuxedo for a bathrobe. It had been at least seven hours since I'd been online-a world record for me-so I opened my laptop and kicked up my feet. Hoping to fall deeper into a "be thankful for what you have" mind-set, I went to the Saxton Silvers Web page, entered my ID and password, and logged onto my personal investment account. I'd stopped managing my own portfolio years ago, and my buddy out in San Francisco, James Dunn, had agreed to do it only if I promised not to second-guess him on a daily basis. I checked it every few days, and today was a milestone. My liquid assets alone-excluding real estate and other things that couldn't be quickly converted to cash-were almost ten times the "age thirty-five" goal for my entire net worth entire net worth that I had set for myself not so many years ago, and I was feeling pretty smug with the anticipation of seeing the numbers on my LCD. I clicked the Account Overview button on the menu, and my heart nearly stopped. that I had set for myself not so many years ago, and I was feeling pretty smug with the anticipation of seeing the numbers on my LCD. I clicked the Account Overview button on the menu, and my heart nearly stopped.
"Ready or not, here I come," said Mallory.
The bathroom door opened, and she stepped out with the glass of wine in her hand. She was wearing a red teddy, but I was almost too stunned by the on-screen numbers to notice. The look on my face immediately threw her.
"What's wrong?" she said.
I was still processing things, and it took me a moment to answer. "Were those phony FBI agents at my party the end of the birthday jokes?"
"What do you mean?"
"Did you put someone up to messing with my personal account? As part of a joke, I mean."
"No," she said as she slid onto the bed and sat beside me. "Why do you ask? And why are you checking investment accounts now?"
I showed her the screen, and her jaw dropped.
"How can that be?" she said.
"Mallory, please tell me if this is a joke."
"No, I swear. That's not even close to being funny. I would never do anything like that."
The stunned expression on her face didn't lie-and neither did the account summary.
Zero balance.
I clicked the Refresh button on the tool bar. Same result: zero balance. I clicked Refresh twice more, then completely logged out of the Saxton Silvers Web site and logged back in. Each time, I got the same result. Zero. Nothing. Nada. Nada.
"It's a mistake, obviously some kind of mistake." I was mumbling to myself, repeating that word-mistake-over and over again, as I clicked around and reviewed my account trading history. Then I froze.
"Michael?" she said with trepidation.
"This is crazy," I said.
"What?"
"It's all been liquidated. My entire account-everything was unloaded."
"Did you sell it?"
"No. That's the point. Timing is everything in the market. I got killed on most of these transactions." I kept scrolling down through the history. That's the point. Timing is everything in the market. I got killed on most of these transactions." I kept scrolling down through the history.
"Then why would James have pushed through all these orders?"
"He wouldn't," I said. "And from the looks of this summary, he didn't didn't. Look at this stock here, for example. It was an after-hours trade through an ECN."
"A what?"
"An electronic communications network. Some are regulated, some aren't. This one looks like it's unregulated-which has me even more freaked out. The only seller identified in the transaction reports is me me."
"But you just said you didn't sell."
"I didn't didn't. And some of these transactions are more complicated to unwind than a simple sell order, but it's the same result. I'm shown as the one who authorized the transaction."
"How can that be?"
"Don't you get it? It must have been somebody posing as me."
"You mean like an identity thief?"
I was suddenly dizzy. My mind didn't want to go there. "That's why I was hoping you were going to tell me that this was somebody's idea of a joke."
"Michael," she said, her voice quaking, "did someone take our money?"
The answer was also on the screen. It had all been moved to a low-risk account that I hadn't touched in years. "It's okay. It's there. It wasn't a good time to liquidate most of these holdings, but it looks like the cash is still with Saxton Silvers."
"You have to do something. Reverse the transactions, right?"
I grabbed my cell and dialed James in San Francisco. He was asleep-a West Coaster who lived on Wall Street time-but the problem I laid out for him forced him out of bed and over to his computer.
"Holy shit," he said over the phone. I presumed he was looking at the same screen I had in front of me-the long list of premature sales and other poorly timed transactions.
"Tell me about it," I said. "I look like the moron who bought high and sold everything low."
"I'm not talking about the individual transactions," he said. "I'm looking at where all the money went. Your custodial account."
"No worries," I said, "the funds in that account just sit there earning interest. It's at zero risk."
"I hate to tell you, but right now there's no no money in it." money in it."
"What?"
"Everything in your portfolio was liquidated-most of it at a loss. The cash generated from those transactions was transferred out of your personal account and into the custodial account-which now shows a zero balance. There was a lump-sum transfer."
"To where?"
He paused, then said, "Michael, I'm starting to get a little concerned here."
"You're concerned? Where the hell is my money?" concerned? Where the hell is my money?"
I could hear him clicking frantically on his keyboard.
"Let me ask you this," he said. "I'm looking at it here on the screen. Do you have a numbered account in the Cayman Islands that I don't know about?"
I froze, unable to speak. Mallory was close enough to hear what James was saying, and she squeezed my wrist so tightly that her nails left marks in my skin.
"Michael, honey: Where is our money?"
"I don't know, damn it." My tone was harsh, but Mallory seemed to understand that it wasn't directed at her. "Everything was liquidated and then wire-transferred to some offshore account that I've never heard of."
James said, "Don't panic yet. Let me investigate this."