The Prince of Risk by Christopher Reich Read Free Book Online Page B

idea,” said Astor. “But I’m guessing it has to do with why the trade representative rescheduled the press conference.”
    “Jeez—ya think?” said Shank.
    For the past ten years, China had been allowing the value of the yuan to appreciate versus the dollar. The movements were slow and steady, just 1 or 2 percent a year. Five years ago, it had taken seven yuan to buy one dollar. Today it was only six and a third. This “revaluing” or appreciation of the yuan made Chinese exports more expensive and U.S. imports cheaper. The United States liked this. China did not.
    “You want to give your guy a ring?” asked Shank. “Ask him what he thinks.”
    “No,” said Astor. “I don’t need to bother him with this. He’s busy.”
    “He’s the expert on these things.”
    “We’re good.” Astor called his assistant. “Barb,” he said when she answered. “Push my meetings to this afternoon.”
    “Septimus Reventlow is already here. Reception just announced him.”
    “Marv can take him.”
    “Me?” said Shank. “What am I supposed to say?”
    “Tell him we don’t need his money right now. We’re fully invested. If that bothers him, he’ll have an opportunity to withdraw his funds after the next accounting period. I think that’s September thirtieth.”
    “He won’t like that.”
    “I imagine he won’t.”
    “Too late, anyway,” said Shank.
    “Why’s that?” Astor looked out the window and saw a tall, narrow-shouldered man in a three-piece suit crossing the trading floor. Septimus Reventlow spotted him and lifted a hand in greeting.
    Shank shot Astor a look. “Hot money’s here.”

8
    “S eptimus, a pleasure.”
    A soft hand, white as snow, gripped Astor’s. “Bobby, so nice to see you. Though I wish it were under happier circumstances. Have you learned anything more?”
    “Only what I hear on the television.”
    “The police haven’t contacted you?” asked Reventlow. “Or is the Secret Service heading up things?”
    “I wouldn’t know. No one’s called yet. My father and I weren’t close. I’m the last person who could help.”
    “What a shame. Family is precious. When’s the last time you spoke?”
    “Actually, he—” Astor began, only to cut himself off. His personal affairs were none of Reventlow’s business. “It’s been years. Like I said, we weren’t close.”
    Astor showed Reventlow to a chair in the corner of his office. Astor flew fixed-wing aircraft as well as helicopters, and the room had a sleek aeronautical feel to it. Stainless steel surfaces, a titanium-colored carpet, even a vintage poster for Pan American Airways.
    “Marv’s bringing in a printout of your portfolio,” began Astor. “He’ll go over the positions and show you where we stand.”
    “That won’t be necessary,” said Reventlow. “I’d prefer to speak with you. My family has decided that we would like to increase our holdings in Comstock.”
    “I heard that. I appreciate your vote of confidence. If I’m not mistaken, you have one hundred million in the Astor fund. Are you looking to invest in one of the others? Our quant fund is having a spectacular year.”
    “Actually, we’d prefer to stay in the fund you manage personally.”
    Septimus Reventlow was a reed of a man. He had sharp cheekbones and dark hooded eyes, and his thinning black hair was meticulously combed and swept off his forehead with a generous dollop of pomade. He was impeccably dressed in a black suit, a bold checked shirt, and a maroon tie that he had knotted loosely, almost casually. He wore his wealth like a birthright, the lord to the manor born, and it never failed to rub Astor the wrong way.
    “The Astor fund?”
    Reventlow nodded.
    “That’s a tough one. We’ve closed that fund. We’re a hundred percent invested as it is. Not much we can do.”
    “We were hoping to deposit three hundred million dollars.”
    Astor smiled inwardly. Three hundred million dollars was big money. There was a time not so long