discovered a sudden need to confess your sins.”
“Well…” Barry rolled some words around in his mouth for a few moments, but he didn’t seem to like the taste of any of them. “It’s this way, Jack. The bank’s wiped out. Somebody scammed us.”
He said it exactly like he was pronouncing a death sentence. For Barry, it probably was.
“In the last three months we’ve lost more deposit money than we can cover from capital. I swear to God I don’t know who took it, but eventually Jimmy’s going to decide it was me.”
I could feel a chill coming off Barry. He glanced past me toward the street and I turned and followed his eyes. The tall woman was standing on the sidewalk about fifty feet away. She was looking into some shop windows and seemed to be paying no attention to us at all.
“They’ll get me, Jack. If I can’t fix this, they’ll get me; and it doesn’t matter a fig how many people I have out there protecting me.”
“This is going a little fast for me, Barry.”
“Yeah, it went a little fast for me, too. But listen up now. Once you know what I’m about to tell you, there’ll be no turning back.”
“It’s not a question of turning back. I’m not going anywhere.”
“Maybe, maybe not,” Barry shrugged. “But you’ll know what I know, and that will make you a threat to them.”
“I’m not a threat to anyone, because in just about a minute I’m going to get up and walk off.”
“No, you’re not.”
“I’m not?”
“Not a chance, Jack. I know you. You wouldn’t miss the rest of this for the world.”
I sighed and motioned vaguely for Barry to continue. What could it hurt just to listen?
“Whoever hit us, they got to us through our overseas depository accounts and drained most of our foreign currency holdings. About $180,000,000 disappeared a couple of months ago. Poof! Just like that. Somebody cleaned us out and then burned us to cover their tracks. That’s when all that shit about the bank started turning up in the papers.”
“$180,000,000?”
“Give or take.” Barry nodded slowly at me. He did it carefully, like a man with a really bad headache. “As a practical matter, Jack, it’s like this. The Asian Bank of Commerce has been robbed. Somebody else’s crooks fucked my crooks.”
I would have laughed, but I didn’t have the heart.
Barry stood up and stretched, then he went back to walking east along Sukhumvit again, moving slowly with his head down. I stood up, too, and walked along next to him, keeping pace. Barry seemed to have lost interest in conversation, which was okay with me since it gave me a chance to think.
I had always operated on the assumption that I had a fairly sophisticated understanding of the Asian financial scene. Finding out that a regional bank, even a modest one, had been taken over by Russian mobsters came as a considerable surprise to me, to say the least.
Regardless of Barry’s confidence that he had perpetrated his coup in complete secrecy, I doubted that. I was absolutely certain there had to be quite a few other people around who knew all about it. It was a common enough conceit among foreigners doing business in Asia that they had some kind of advantage over the locals and were invariably a step or two ahead of them. That was a presumption that many people I knew had ultimately come to regret.
Government officials, particularly those in Third World countries like the Philippines and Thailand, might seem sleepy to foreigners, but in my experience most bureaucrats around the region had a shrewd eye for opportunity. They were usually far from stupid, even if they played the part of bumbling provincials. I didn’t believe for a moment that every one of them had missed Barry’s little ploy. Of course, as long as the arrangement wasn’t general knowledge and the payoffs kept arriving regularly—tea money was the polite euphemism used in Asia for the practice of such official bribery—no one would make a fuss.
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