"Michael, we both may need this place if your plan doesn't work. I don't know where else I can go." He walked to the bar, a collection of bottles on the bottom tray of the caddy, and selected a flask of cognac. "Now could you repeat that story again? About the protocol. I must confess I'm dazzled."

In the limousine driving up from Westminster Union, Vance had finally told him the real purpose of the bond issue, what the money was going to be used for. The banker had listened in silence, stunned.

"Well, to make a long story short, you're being used, in what's probably going to be the biggest shell game in history. Tanzan Mino steals unsecured billions from European tax evaders and uses it to finance the opening of Russia's markets for Mino Industries. You're right to bail out now. If he pulls it off, he'll look like a genius. But if it backfires and the truth comes out, you'll get full credit. Not exactly a terrific downside."

"I didn't get this far exposing myself unnecessarily, and I don't intend to start now. Not for him or anybody."

"Then we'll proceed with Plan A."

"This reminds me a lot of the old days." He laughed and poured a snifter for each of them. "Here's to the end of giri."

"And the beginning of a new life." Vance clicked their glasses, then took a sip. "Now, we need to get our coordination synchronized."

"Everything is ready at my end. Tomorrow morning I'll issue the zero-coupon debentures you're going to purchase, and you'll make the trade. After that I'll wire your hundred million to Tokyo, and Tanzan Mino is taken care of. I've simultaneously arranged with Sumitomo Bank to accept that paper as collateral for a loan. You'll get the money from them on the spot. By the way, how do you want it?"

"Just park it in gilts, through the trading desk at Moscow Narodny Bank, the new branch on Saint Swithins Lane."

"Done," Nogami nodded.