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The three of them met once a week, ostensibly to discuss matters concerning Mellor Travel, on whose board they all sat. But as they didn’t always want their fellow directors to know what they were up to, the meeting was neither minuted nor official.
The Unholy Trinity, as Sebastian referred to them, consisted of Desmond Mellor, Adrian Sloane and Jim Knowles. They only had one thing in common: a mutual hatred of anyone named Clifton or Barrington.
After Mellor had been forced to resign from the board of Barrington’s and Sloane was dismissed as chairman of Farthings Bank, while Knowles departed from the shipping company without any “regrets” being minuted, they had become bound together by a common thread—to gain control of Farthings Bank, and then take over Barrington’s shipping company, by fair means or foul.
“I am able to confirm,” said Mellor as they sat quietly in the corner of one of the few London clubs that would have them as members, “that Lady Virginia has reluctantly sold me her seven and a half percent holding in Barrington’s Shipping, which will allow one of us to take a seat on the board.”
“Good news,” said Knowles. “I’m only too happy to volunteer for the job.”
“No need to be in such a rush,” said Mellor. “I think I’ll leave our fellow directors to consider the possible consequences of whoever I might select, so that every time the boardroom door opens, Mrs. Clifton will wonder which one of us is about to appear.”
“That’s a job I would also relish,” chipped in Sloane.
“Don’t hold your breath,” said Mellor, “because what neither of you know is that I already have a representativ
e on the board. One of Barrington’s longest-serving directors,” he continued, “is experiencing a little financial difficulty, and has recently approached me for a fairly hefty loan that I feel sure he has no chance of repaying. So from now on, not only will I be getting the minutes of every board meeting, but also any inside information Mrs. Clifton doesn’t want recorded. So now you know what I’ve been up to during the past month. What have you two got to offer?”
“Quite a bit,” said Knowles. “I recently heard that Saul Kaufman only retired as chairman of Kaufman’s after everyone at the bank, including the doorman, realized he had Alzheimer’s. His son Victor, who couldn’t organize a piss-up in a brewery, has temporarily taken his place while they look for a new chairman.”
“Then this must be our best chance to make a move?” said Mellor.
“I wish it were that easy,” said Knowles, “but unfortunately young Kaufman has begun negotiating a merger with Farthings. He and Sebastian Clifton were at school together, even shared a study, so Clifton’s got the inside track.”
“Then let’s make sure he trips up as he comes around the final bend,” said Sloane.
“I also picked up another useful piece of information,” continued Knowles. “It seems that Ross Buchanan intends to step down as chairman of Farthings some time in the New Year, and Hakim Bishara will take his place, with Clifton as CEO of the newly formed Farthings Kaufman Bank.”
“Will the Bank of England go along with such a cozy little arrangement?”
“They’ll turn a blind eye, especially now Bishara has ingratiated himself with the City. He’s somehow managed to get himself accepted as part of the establishment.”
“But,” interjected Mellor, “doesn’t the new government legislation demand that any proposed bank merger has to be vetted by the City regulators? So there’s nothing to stop us putting in a counterbid and stirring things up.”
“What’s the point, when we couldn’t begin to challenge Bishara’s deep pockets? All we could do is hold the process up, and even that wouldn’t come cheap, as we found to our cost last time.”
“Is there anything else we can do to prevent the merger?” asked Mellor.
“We could so damage Bishara’s reputation with the Bank of England,” said Sloane, “that they wouldn’t consider him a fit and proper person to run one of the City’s larger financial institutions.”
“We tried that once before,” Mellor reminded him, “and failed.”
“Only because our plan wasn’t foolproof. This time I’ve come up with something that will make it impossible for the City regulators to allow the merger to go ahead, and Bishara would have to resign as chairman of Farthings.”
“How can that be possible?” asked Mellor.
“Because convicted criminals are not allowed to serve on the board of a bank.”
16
“AM I UGLY?”
“Need you ask?” said Clive Bingham as he sat at the bar sipping a pint of beer.
“And stupid?”
“Never in any doubt,” said Victor Kaufman.
“Then that explains it.”
