Capital: A Novel

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Capital: A Novel Page 13

by John Lanchester


  When Roger had been more junior, by this point he would already have known the tenor of the bonus meetings – what kind of mood music was being sent out about bonuses in general. So you would be braced for a downer or psyched about a good year. Now, as a head of department, he had no warning. No point trying to pick up cues in body language from Max; he did deadpan for a living. His form of deadpan was smiley and let’s-be-friends. Although it was famously true that nothing you said in the room had any effect on your compensation, people sometimes liked to have their say anyway, and it was no bad thing to let people blow off some steam at someone other than their boss. Roger’s own assessments would have a direct effect on the bonus packets of his subordinates, and they would know that, and some of them would not be happy bunnies, and that was just the way things went.

  ‘Roger!’ Max said, pointing at the seat opposite.

  ‘Max,’ said Roger. ‘Petra well? Toby and Isabella?’

  ‘All good,’ said Max. ‘Arabella? Conrad?’ – and then there was a half-a-beat or quarter-of-a-beat pause while he stretched for the name; which meant that Roger had won this exchange. ‘Joshua?’

  ‘Fit as fleas,’ said Roger. ‘You know what they’re like about Christmas. They go mad, can’t get enough presents, impossible demands. And of course the children are excited about it too.’

  The two men shared a smile. Max reached into the leather folder in front of him and took out an envelope. Roger, who had been feeling cool and even-tempered in his silk knickers, felt his heart rate and blood pressure shoot up. A pound sign followed by a one with six zeros, one with six zeros, one with six zeros. Two with six zeros? No, that was greedy. One with six zeros.

  ‘Good year for the department,’ said Max.

  Yesssssss!

  ‘The figures speak for themselves.’

  Yesssssss!

  ‘As you know, it isn’t always straightforward to, ah, parse the relevant figures from our competitors, so the comparison can’t be exact, but we are confident that your department’s performance is in the top quartile for the sector.’

  Roger knew that, or strongly suspected it, but it was still good to hear.

  ‘Your personal evaluations are strong. The compensation committee is of the view that your performance overall is strong.’

  Yesssssss! This wasn’t million-quid talk. This was two million, maybe more. Could he be heading for two and a half? A quarter of the way to ten million pounds. He and Arabella might even have sex!

  ‘There is of course a context for all this,’ Max went on. Now, for a smaller man than Roger, a man with less steady nerves, this might have been a warning note, an incitement to panic; maybe, even, an invitation to think about missed mortgage payments, promised but unbought diamond necklaces, the deferment of holiday plans; because to a lesser man than Roger, Max’s words might have sounded awfully like a ‘But’. Roger, however, was a veteran of Pinker Lloyd assessments. This was getting on for his twentieth. He knew that, just as a judge delivering a summing-up likes to make both sides in court shit themselves before reaching his conclusion, a member of the compensation committee likes to have you thinking about bread and water before he gives you a villa in Poggibonsi with a line of cypresses down the drive, a small vineyard, and a heated swimming pool.

  Actually there was something to think about there. Minchinhampton was fine but, as previously noted, could be seen as dowdy, and it only took one wet summer to put you permanently off the whole holidays-in-England thing. A bonus of £2.5 million would, once he’d paid for all the things he had to pay for, salted some away in the pension and VCTs and all that, leave him with a fair few quid left over. It was said you could get somewhere pretty habitable on Ibiza for a million quid. Worth thinking about.

  Roger’s attention had only wavered for a moment, but when he got his focus back, Max was saying,

  ‘. . . and of course the context for this is not just the wider problems in the industry, the cloud no larger than a man’s hand and all that, and the repricing of insurance and swaps. That’s just the general weather. In addition, there has been the difficulty we have been having with our Swiss subsidiary.’

  And all of a sudden, just like that, Roger felt his bonus beginning to shrink. This was not mood music, this was an actual, genuine, no-bones-about-it ‘But’. That weaselly little fucker Max was giving him bad news from behind his glinting Nazi metal specs.

  ‘. . . goes beyond routine volatility into areas of genuine loss. Once the extent of our subsidiary vehicle’s exposure to the US market in insecure securitisations was fully known, in particular the fact that those losses are still not precisely assessed, though known as reaching into the ten figures in euros . . .’

  Max was telling him that the bank had lost a couple of hundred million euros this year. This was through their Swiss subsidiary’s exposure to subprimes. Well whoop de flipping doo. Roger stopped listening. He was getting it in the arse, and didn’t need to know the details. Max talked on for a bit more and then the moment came when he slid the envelope across the table. It was clear that his bonus was going to be minute, could even be as little as his annual pay of £150,000. In practical terms, that would be the same as being dragged out the back of the office and finished off with a bullet in the back of the neck.

  Roger opened the envelope. It was stuck down, and for a moment he felt a flash of irritation at the prats who ran the bank, the kind of people who didn’t know the convention about hand-delivered letters, that they were never stuck down, on the basis that it was an implied insult to third parties handling the letter; the convention was that among gentlemen you could rest assured that private correspondence would go unread. But these nouveau twats had no idea about anything like that. He took out the piece of paper. His bonus for the year was £30,000.

  He knew that there was no point saying anything; that it would do no good to cough and splutter and remonstrate. He had been the person on the other side of the desk and was fully informed of the futility of saying or doing anything in protest. And yet he found himself saying:

  ‘But . . . what . . . it isn’t . . . contribution, billions . . . fundamentally not fair . . . when I think of what I’ve done . . . basic pay . . . not a question of greed but of necessary . . .’

  Max just sat there wearing his glasses at him. What was the point? There was no point. Roger stopped talking. The white noise began to seem loud; then it went quiet; then it got louder again. Roger felt his stomach twitch, and then churn, and then he had a strange sensation in his oesophagus, accompanied by a gust of something that was like nausea. Then he realised that it was, in fact, nausea. He felt sick. Actually, he more than felt sick, he was going to be sick. Roger slowly rose to a crouching position and leaned forward over the table. He nodded at Max. He turned and left the room. There might have been people in the corridor; he didn’t notice and didn’t care. The lavatory was ten paces away. Roger just made it to a cubicle and then he threw up, three times, so hard that it made his stomach muscles ache.

  When Roger finished, he lowered the lid of the toilet and just stayed where he was, kneeling on the floor. Wasn’t this great? Wasn’t this perfect? It was funny to think of all the occasions in a man’s life, all the different contexts, when he was sick. It must add up to hundreds of pukings. Yes, thought Roger. I’ve been sick hundreds of times. There’s a whole thesaurus to describe it. Talking to the great white telephone. Parking a tiger on the pavement. Blowing chunks. But this was different from all the other times he’d thrown up, because on all those other occasions, once he’d been sick, he felt better.

  23

  On Christmas Eve, the DVDs began arriving at houses in Pepys Road. Except it’s misleading to say DVDs, plural, because in truth they were all the same DVD. The case had a printed label saying ‘We Want What You Have’ but inside the DVD had nothing written on it.

  The footage was taken by a hand-held camera and began at the south end of the street, in front of the Kamals’ shop. From the fact that t
he street was entirely quiet, but that it was daylight, it was possible to deduce that the film had been shot very early in the morning on a summer’s day. At moments the low morning sun dazzled the camera and the picture went white.

  From the technical point of view, the film was a mess. The camera-work was jerky and not always focused. The colours were blurry. It was like an early film, from the time before film had been properly invented. Whoever was holding the camera had wandered from side to side in the street. Combined with the wobbliness and the movement and the low quality of the digital film, the effect was to produce a faint sensation of motion sickness. Sometimes the person with the camera had gone up close to specific houses; he (though of course there was no reason to think that it was a ‘he’) had gone right up to Petunia Howe’s front door, for instance, and held his focus on the door number. On other occasions he seemed to be standing in the middle of the road, and panning the camera from side to side, as when he stood outside number 27, the house belonging to Mickey Lipton-Miller. Or he would occasionally zoom right in on someone’s car, and look through the windscreen, like a thief on the prowl for a satnav to steal. He lingered, with extra lasciviousness, on the Younts’ Lexus S400, as if the camera wanted to be inside the car, running its hands over the leather upholstery. At other moments the cameraperson seemed to be taking a special interest in architectural details. No two houses in the street were identical, so the camera took a look at the pointing on number 36, and then later on the subtly different pointing five doors down at number 46. Or it showed the bay window at number 62, and then the differently shaped bow window at 55, which was polygonal. He or she seemed to take a particular interest in the big expensive double-fronted properties.

  Although there was nothing sinister in the content of the DVD, its effect was sinister – something about the idea of somebody watching the street, noticing it so closely. It could not be taken for anything to do with an estate agent or viral marketing. And there was an air of yearning about the film. It was like watching a child looking in the window of a toyshop. Not everybody watched the DVD, but those who did were left with the feeling that somebody somewhere did indeed want what they had.

  The DVDs came in jiffy bags. The postmarks on the bags were from all around London.

  24

  Quentina was not a devout Christian, just as she was no longer a believing Marxist, but she did like going to church. She liked the language and the precious sensation of warmth, she liked the Zimbabwean curate at St Michael’s, the African Anglican church she went to in Balham, and most of all she liked the choirmaster, a beautifully firm-looking Botswanan called Mashinko Wilson, a teaching assistant (she’d discovered) with a voice so smoky and so sexy that it was made for singing hymns. The effect was not as noticeable with the African and African-influenced songs, but at Christmas, when he led the choir and congregation through the English Christmas hymns, it was mesmerising: ‘O Come All Ye Faithful’ sung in this warm voice, clear and sensual and so evidently linked to his healthy, muscular body. Quentina had discovered the Mashinko–Christmas carol effect a week before the previous Christmas, and she’d been looking forward to it all year since. Advent and now Christmas Eve were fulfilling all expectations. Today, after the service, she was going to go up to Mashinko Wilson and declare an interest.

  As for the church itself, Quentina liked that too. It was built in a grey stone, not the same as the houses around – granite, maybe. The church had a narrow central aisle and high windows at the end, very traditional, but a section at the back had been glassed in to make a kind of sitting room and crêche, from which wailing and thumping sounds could often be heard during prayers and sermons. It was difficult for the preacher to compete.

  Back home, Quentina had gone to the Christmas Eve service at St Mary’s Cathedral in Harare every year, with her mother. Mama was the family Christian: Quentina’s father used to say that she believed enough for the rest of them added together. She would take one child, Quentina or her brother or sister, to church with her on Sunday, and didn’t seem to mind which, as long as it was one of them. She preferred but did not insist that they all come for Easter Sunday and Christmas. Quentina’s father she left alone, by peaceable mutual consent. Quentina liked it, because it was one of the only times she got to be on her own with her mother, and she liked the high-flown language of the old Bible, and the exotic imagery of the distant dark cold Northern Christmas; there was an irony in the fact that now she was in the cold north, the thing she liked most about Christmas was the sense of warmth, the lights, the colour, the cosiness.

  The baby as the most powerful person in the world. This idea had a deep resonance for Quentina, because she had experienced it first-hand, twice. Quentina herself was a child of the revolution, born in the year Zimbabwe gained its independence, 1980. Her brother Robert was born five years later, and she could still recall the sense of sheer injustice at her own displacement, and at the same time the magic sense of life being rearranged around this new arrival. Robert had had a squashed angry face and the inside of his mouth, which was often visible because he spent so much time howling, was the pinkest thing anyone had ever seen; and his mother and father’s gentleness and devotedness were extraordinary to see. Much later Quentina realised that that was how they would have been with her too. At the time she only felt the injustice and envy and resentment of her displacement by this horribly powerful interloper.

  She hadn’t minded her sister’s birth so much. It was hard to resent Sarah, who seemed sweet and placid when she was born and still seemed sweet and placid twenty years later. Robert had been furious, which Quentina at the time had thought was great. Let him get a taste of how it feels. The terrible power of the newborn baby. The defenceless child who rules the world. The bundle in the crib who is President of the World. Deal with that, little brother!

  It was no doubt because Quentina felt Robert’s terrible, unforgivable youngerness so strongly that his death hit her so hard. His first symptom was a cough that simply would not go away, followed by a cascade of other symptoms, none of which seemed big at the start, none of which ever resolved or improved, until he was, within a year, covered in sores, blind, breathless, visibly dying, and within another three months, dead. Aids, of course. What else? The young man who had once been the baby at the centre of the world, the Christ-child in his crib.

  Perhaps that in and of itself would not have been enough to change Quentina’s direction of life. His death made her philosophically angry, angry with life, but that wasn’t the same thing as specific anger, the kind of anger that brought not just a wish for change but the will to act on the wish. That didn’t come until Quentina broke her ankle in a fall and was taken to hospital. She was treated by a doctor who told her she hadn’t broken it, just strained it.

  ‘The best treatment is rest,’ said the doctor. ‘Will you go out with me?’

  ‘No.’

  Quentina spent the next six weeks pretending to evade his attentions, with steadily less zeal. He was called John Zimbela and was, Quentina gradually came to realise, the most admirable person she had ever known, and also just about the angriest, ecstatic with rage at the Mugabe government’s Aids policy, or anti-policy, since its principal pillars were evasion and falsehood. With several friends he belonged to an underground network which illegally printed and distributed leaflets about HIV, safe sex, infection rates, the course of the illness, and the treatment regimes which were available in the rich countries. He was risking his livelihood and perhaps his life, and though when she had met him Quentina had known about Aids, she had thought that her brother’s death was a kind of accident, a too common accident perhaps, but basically an act of God, whereas she now realised it was the result of a set of policies that amounted to institutionalised manslaughter – not murder, you couldn’t quite call it that, but manslaughter. And then she had got angry too, and had joined John and his network, and had begun to work against Mugabe, to stop just studying politics and start living them.
/>   Quentina’s father had fought in the bush during the revolution: he hadn’t been a paper revolutionary but the real thing, living off mealies and carrying a gun for five years. Now he was a fairly senior member of Zanu-PF with a good job at the education ministry, education having been a priority and a pride for the young country of Zimbabwe. Quentina did not grow up in the back seat of a Mercedes, and there was no sense of entitlement anywhere about her family’s life, but she was in her way secure, comfortable, a member of the established order. Now that changed. She became a kind of secret outlaw, and was risking her family’s status in the process, and it was that which caused her deepest worries about what she was doing: she could admire her courage on her own behalf, but on the part of her family she felt at times it was almost an indulgence. She occasionally asked herself what Robert would have wanted, but came up with no answer. All she could really remember about her brother was his birth and his death. She felt she had no real recollection of what Robert had actually been like. It was as if Robert’s death had taken not just Robert but all memories of him too.

  A month after she began distributing leaflets and going to secret meetings, her father died of lung cancer. He wasn’t diagnosed, he just died of it. They found out about the disease through the autopsy.

  Quentina’s political career lasted for nine months. It began with Aids, then spread into a campaign against arrests and beatings and all the other human rights abuses. Quentina thought it would be a race between getting caught and Zanu-PF turning against Mugabe, with the odds fairly equal, but she was wrong. At her final beating, she was told that the only thing preventing her from being raped to death was the status her father had once had; the protection offered by that was now void. So here she was, three years later, in a church in London listening to the descant singers trying to compete with Mashinko Wilson’s melody line in ‘O Come All Ye Faithful’.

 

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