“People in our position can’t afford to get too greedy. Taking a moderate amount from time to time is tried and true. Taking too much, reaching for the stars, will get us caught. Remember that.”
In this financial/white collar crime thriller, former hedge fund manager Walter Conklin has been living in Antigua for 11 years, after fleeing the States, paying for plastic surgery and building a multi-million dollar home for himself – and paying bribes to corrupt officials to protect his new identity of John Rutiger. New York attorney Charlie Holden has been on Conklin/Rutiger’s trail for years, so far without success. Earlier, Holden had sent gifted lawyer Katie Dolan after him but falling for Rutiger’s charms, she pulled a scam, posing as Conklin’s ex-wife, to lift $40M in bonds from a New York bank, sending $10M to Rutiger and taking the rest to Cape Verde, where she cares for her ailing father.
When a new minister is elected on Antigua, running on an anti-corruption ticket, Holden seizes his chance. For Rutiger, time is running out and he flees again, to Cape Verde, in search of Katie and his missing millions. He hits it off straightaway with her father and the dog, but Katie is out on a limb, drawn into investing in an equity company, unaware that it is a Ponzi scheme based on phoney companies, with a suave operator targeting rich widows.
Now Rutiger has to pull off an elaborate scam to defraud the investment bank of his funds and stay one step ahead of Holden and his bag of dirty tricks. Needless to say, nothing is ever as good as it looks and not everything goes to plan.
This was outside of my usual reading fare: the title itself is a manoeuver in gridiron – Conklin gaining a sports scholarship to Harvard, before entering the Harvard Business School. Katie is no slouch either, a gifted lawyer and exponent of fartleks - a Swedish exercise regime combining high-intensity interval training with continuous training. I needed to go online to get my head around financial terms such as LBO and EBITDA (earnings before interest, taxes, depreciation, and amortization - its margins reflecting a firm's short-term operational efficiency.)
Verdict: an interesting read, especially for those with an interest in the money and stock markets.