by John Gapper
“What did you find?”
“I’ll tell you what I thought I saw: a firm that had grown too rapidly and had a few problems, but nothing we couldn’t handle. We’d close down a couple of funds, inject maybe a billion in capital, and have a good business. Plus, we wouldn’t have to pay a premium, and there wouldn’t be any messing about with who was in charge. Marcus would take the number two spot and we’d see how things went from there.”
“It didn’t work out?”
Harry sighed. We had reached a rivulet that ran down from a pond behind the dunes and couldn’t go farther. He scored a curve in the sand with the toe of one shoe, and the bottom of the tiny trench filled with water like the moat of a sand castle.
“We did the deal, but the market went bad and it turned out Grayridge had bonds on its books that Greene hadn’t told me about. Mortgage paper that everyone thought was safe. We held the triple-A, for fuck’s sake, stuff the ratings agencies loved. It all turned to junk and we lost billions. I felt like I was being dragged down, like I was drowning. You don’t know what it feels like to see everything you’ve built falling apart.”
He shuddered at the memory, and as I looked over at him, I understood for the first time what had brought him to Episcopal. Loss is hard on the psyche. We aren’t built to cope with it immediately: it takes a period of mourning. The worst thing is feeling trapped and helpless, unable to fight or flee. It made sense of everything-even Harry’s gun. Harry turned at the rivulet and started walking back. I followed, catching up after about ten yards.
“What did you do when you found out?”
“We had no choice. The share price had gone to shit and we were in trouble rolling over repo funding. Not just us-half the Street was in distress. I’ve never known anything like it. We ended up one weekend at the Fed begging them to help us out. They agreed to it, but Treasury demanded a sacrifice.”
He swept his right hand across his throat in a slitting gesture. As he did it, he closed his eyes and tightened his jaw, as if his hand were cutting his throat like a blade. He looked as if he were experiencing the agony of death.
“That’s when you lost your job?”
“I lost everything. They ruined me.”
“And all these losses. No one realized?” I said. I’d thought that people who worked on Wall Street were smarter than that. It was the people like me who made stupid mistakes with money, not bankers.
“A couple of hedge funds made money out of it, and Rosenthal did fine, of course. Treasury made sure of that,” he said stonily.
I felt sorry for Harry at that moment, realizing what Felix meant by him having a heart. He radiated a baffled sense of loss, as if someone had stolen from him everything he’d had. He walked slowly up the path toward the steps without me. I stayed where I was to take in the view of the house, now arrayed on the dune above me. Nora was in the room where we’d talked earlier, reading a magazine on one of the sofas. Farther along, I saw a room with bookshelves lining one wall and a desk with a twin-screened computer. It had to be Harry’s study, where Nora had found him with the gun. By the time I got back up to the lawn, he was in his chair again, looking tired and downhearted.
I sat by him. “There are a lot of things I think it’s worth us talking about.”
“Analysis, you mean?” he said with an edge of contempt, either at me for being a psych or at himself for being vulnerable.
“I wouldn’t suggest therapy at this stage, more of a conversation, but a regular one, two or three times a week at first.”
“I guess that’s okay. I’ve got time. All I’ve got is time,” he said.
I walked back to the house. It was the third time I’d talked to him and the first time I’d felt better as a result. My discomfort about having discharged him from the hospital was easing, and I thought I was starting to gain some insight into his condition. There was even a prospect of getting Harry back to Episcopal and into treatment. This could work out fine, I thought.
7
I found Nora in the kitchen talking to Anna, who was perched on a countertop in bare feet, crunching a green apple. “You two met before, didn’t you?” Nora said, and Anna nodded silently, her teeth embedded in the fruit.
“Anna kindly drove me here,” I said.
“I can take you back to the city, if you want,” Anna said, having finished her bite and lobbed the core into a trash bin. “I’m going to see a friend.”
“Are you sure, Anna?” Nora said. “It would be wonderful if you could. I know he wants to be back soon. You can take my car.” She stepped one pace to her right and draped an arm over Anna’s shoulders as if they were friends rather than employer and employee. “I can’t tell you how much I rely on her.”
Anna looked across the room at me with a cool, appraising stare that made me lower my eyes. The prospect of spending several hours in a car with her was unnerving, but she intrigued me more than I cared to show.
“I’ll wait for you outside,” she said, then slipped off the countertop and padded softly out of the room.
Nora waited until the door had closed behind her and then looked at me tensely. “How was he?” she said.
“Good, I think,” I said. “His mood seems to be improved and he’s agreed to see me on Monday. As long as he keeps taking his medication and comes to see me regularly, I think the prognosis is excellent.”
I hoped to reassure her after everything she’d suffered, but it was true. Harry didn’t seem to be chronically depressed, and there were already signs of life in him. With luck, he might be experiencing the only episode of his life, and the gamble I’d taken in discharging him would have paid off. He’d have to adjust to the loss of his job, but most people did that in time and the Shapiros weren’t exactly on the streets. Maybe I’d just launched a career as a therapist for Wall Street billionaires.
“That’s great. That’s a relief,” Nora said, exhaling and letting her shoulders relax. I was glad to have brought her good news-she deserved it for her loyalty.
“You must keep a close eye on him, however,” I said. “We don’t want anything to go wrong now.”
“I will, Doctor. Absolutely,” she said, beaming.
When I went outside, Anna was standing by the Range Rover with her back to me, gazing at the sea. I stole another look at the graceful curve of her neck before she heard me and turned around. Her eyes looked pale blue in the ocean light.
“Ready to go?” she asked.
“All done. It’s kind of you to give me a ride. If you just drop me at the rail station, that’d be fine.”
“You’d be waiting a long time if I did. People commute by helicopter around here, you know.” She walked across to me and laid her left index finger on my lapel, gently prodding me backward. “Get in the car, Doc.”
I obeyed her, remembering the pleasurable sensation of the brief contact between us as she guided the Range Rover down the drive and out along the lane. She knew my profession, I noticed, even if the way she’d demonstrated it had been playful. There clearly couldn’t be many secrets between her and Nora. She gestured over to my left as we passed a low cottage set back from the lane.
“That’s the guesthouse, in case they summon you out here again. I sneak over for yoga or a nap sometimes. Like Goldilocks.”
“Ever been woken by a bear?” I said lightly, excited at having left the Shapiros’ estate and feeling as if I’d finally regained control of my life. Of course, I should have realized that it was an illusion. Sitting in Nora’s car with Anna driving wasn’t much different from sitting in Harry’s Gulfstream with Felix as my guide. It was all in the family.
She giggled. “Not even a small one. Anyway, Nora doesn’t have to look far. He has the whole estate wired. I’m never out of reach.”
“What’s that like?”
“Uh, excruciating? It’s nice to escape to the city for a night. Look over there. That’s the big news around here,” she said, gesturing out of my window. We had snaked along a maze of roads with vast
lawns and reached the junction to the main thoroughfare. There was a long curved pond surrounded by neat lawn.
“What?” I asked, unable to see anything noteworthy.
“The swan mother is on her nest on Town Pond. She had five cygnets last year and it was all anyone talked about. I felt like I was losing my mind.”
As she said it, she pushed down on the accelerator and we sped out of the village as if we were being chased. Like me, she seemed to perk up just to be leaving the place behind. We were both silent for a while as we whizzed up Route 27, and I tried to catch glimpses of her face without her noticing me. Something was going on inside me that I hadn’t felt for a long time. It was foolish because I couldn’t do anything about it. The last thing that made sense was to start an affair with Harry’s housekeeper, even if I stood a chance, which I probably didn’t. But I wanted to prolong the thrill I felt when I was with her even if I couldn’t act on it.
I thought of the look she’d given me as she stood in the kitchen, one that suggested she knew all about me although we’d only just met. She could see all of the bad things inside me-my cruelty, my coldheartedness-and she didn’t care. It was only my fantasy, but that was how she made me feel. It was like the first time that I’d fallen in love as a teenager, the sensation of adoring someone for reasons I couldn’t articulate and of craving her physical presence. Laura Kendrick had been her name, and it had lasted a year. As I sat there, I thought of Laura, now married with two kids, and smiled to myself.
“What?” Anna said. I hadn’t noticed her looking at me.
“Nothing.”
The sad thing was that it didn’t remind me of Rebecca. I’d been fond of her, admired her, even loved her, but I had never craved her in that desperate, chemical way. There were things I’d always kept from her, and I’d felt guilty that she cherished me so much. He isn’t me, I wanted to say to her. That man you love. He’s a better person than I am. I’d never said those words because she was my best friend and I’d been afraid to hurt her, but she’d realized it and she’d left. She’d saved me the heartache of jettisoning her.
I’d been having a recurrent dream about Rebecca. I was on the steps of the Metropolitan Museum of Art, standing next to my mother and seeing her gray hair and her soft, kind face. We were talking-I didn’t know what about, but it made me happy. Then I glanced up the steps and saw Rebecca wearing a summer dress. “Come on,” I said to my mother, and we set off after her. We couldn’t find her inside, and we started hunting through galleries, my mother now leading the way. Then we came to a gallery where there was a party, with a crowd of people drinking champagne around a painting.
I walked up to the painting and saw that it was a nude of a woman lying on a sofa. She was beautiful, and I reached forward and felt one of her breasts, which was soft and warm to my touch. Then my mother called to me, pointing toward a window through which Rebecca had climbed. I saw that Rebecca had scrambled down a rope into Central Park and was running across the grass to a clump of trees.
“Becca!” I shouted, but she didn’t turn round.
That was how the dream ended.
We’d met at Episcopal two years after I’d arrived in New York, so my mother had never known her. I’d always believed they’d have got on well-both of them were sweet and loyal. On our first date, she told me I was different from the other shrinks, which I took as a compliment. We were sitting in a restaurant on the Upper East Side, one of those Italian spots that are institutions, although they don’t deserve it anymore. I spent most of the meal enjoying her presence, and as we left, she turned to me to be kissed.
I’d chosen psychiatry despite the questions it raises. They screen for a degree of empathy when they admit you to medical school: they don’t want scientists who can’t talk to other people. But the competitive spots are for cardiology, radiology, or ear, nose, and throat, the entry point to plastic surgery-anything that involves expensive procedures and minimal chat. Other residents suspected the psychs of being lazy or crazy. Lazy because psychiatry involves little night work apart from emergency shifts. Crazy because many were drawn to it by some affinity with their patients. Either they were odd themselves-working out an inner demon by finding one in others-or they had a family history. Guilty on both counts.
After a while, with no sign of Anna wanting to break the silence, I did. I was puzzled by what she was doing in East Hampton, especially given her skepticism about the place. It didn’t appear to be her natural habitat.
“How come you work for the Shapiros?” I asked.
“How long have you got?”
“Until we reach the city, I guess.”
“It shouldn’t take that long. Let’s see. Grew up, went to liberal arts college in Massachusetts. Very pleased with itself, but I thought it was kind of crappy. I came to New York, got a job as an assistant to a magazine editor, and turned out to be good at that, weirdly good.”
“That’s great.” I noticed that she’d taken one open-ended question and given me a brief rundown of her entire adult life.
“Except I was working so hard, really hard, and holding myself to such an insanely high standard that I started to go a bit nuts. I was having panic attacks in my cubicle, sweating and freaking out.”
“Did you seek treatment?”
“I took drugs. They calmed me down a bit, but I knew by then that I wasn’t happy, so I quit.”
“That was brave.”
“Brave, reckless, stupid-all the things I’ve always been. Anyway, I thought I could teach yoga instead, so I took a course. That’s how Nora found me. I was covering a class for a friend at the Ninety-second Street Y and she came along. It went from there. Now I’m everything-housekeeper, cook, indentured servant. My job is to make things easy, whatever that takes.” Her voice was lightly satirical, but I heard a note of bitterness.
“What are they like to work for?”
She turned her attention from me to check her mirror and merge onto the Long Island Expressway. We passed low pine forests on either side as we headed into the city. She overtook two trucks and then, pulling into the right-hand lane, answered my question as if she’d been considering it since I’d asked.
“Nora’s great. I love her and she treats me like family. It’s almost too cozy with her sometimes.”
“And Mr. Shapiro?”
“Harry’s fine,” she said tonelessly. “Anyway, you know all about me now. What about you?”
There was a glint in her eyes as she looked at me. She seemed to find me entertaining, which was a start.
“What do you want to know?”
“Okay, you’re a psychiatrist, right? Nora says you’re treating Harry.”
“I can’t talk about that, I’m afraid.” Even as I said it, it sounded stiff and ponderous, and I wished I didn’t have to rebuff her.
“Wife, children?”
“No.”
“Girlfriend?”
“Can we change the subject?”
Anna grinned. “Why? That’s all my therapist wanted to talk about, my old boyfriend. Him and my childhood and whether I was seeking a father figure. Nathan would have been a terrible choice if I had been.”
“So you’ve seen a therapist?”
“I admit it.”
“And you had a boyfriend?”
She laughed, giving me an amused glance that made me feel good, but then stopped talking as we passed under bridges with ragged American flags fixed to them in memory of soldiers who’d died in Iraq. When she spoke again, she was quieter.
“He was borderline, my therapist reckoned. He hooked me, and then made me suffer for loving him. I would have talked about it forever, but I had to stop in the end. You guys charge a lot for a forty-five-minute chat. You know why I really ended it, though? One day I was listening to myself talking and I thought: I could be making all of this up.”
“Were you?”
“No, but I might have been, right? He’d listen to me each week and take everything I said seriously and try
to find a meaning in it, but how did he know any of it was true? He thought he needed to make me feel good-explain away everything I’d done as a reaction to my past or something. I could have been a terrible person. He wouldn’t have known.”
“You’re not a bad person, are you?”
“I don’t know. Honesty matters to me. I’ve always got into trouble for trying to tell the truth. People think I’m just a bitch. Maybe I am. Anyway, I didn’t think he could keep me honest, so I stopped.”
She laughed sheepishly, as if she had given away more about herself than she had intended. Dusk was falling and taillights were glowing in a red line ahead of us as we passed the big-box stores and projects of Queens. The vehicles around us gradually adopted New York driving habits and started to weave in and out of the lanes, making her curse softly. We popped into the Midtown Tunnel and out onto the city streets. I’d done that swift border crossing a dozen times, but it always surprised me. Despite my halfhearted protests, she drove down Lexington and around Gramercy Park to deposit me on Irving Place by my apartment building.
“Bye,” I said, holding out my hand as she idled the Range Rover at the curb.
She grasped it and gave it a satirical tug, as if I were being absurdly formal. Then she pulled out a scrap of paper, wrote a number on it, and gave it to me.
“Call me if you like. I’m in the city sometimes.”
I felt the urge to justify to myself asking her out, but I resisted. It was a bad idea, no matter how tempting.
“I don’t think I should. Business and pleasure, you know,” I said awkwardly.
“So,” she said. “You think I’m pleasant.”
I laughed despite myself as I climbed onto the sidewalk. Then she eased the Range Rover into the traffic while I stood and watched her disappear.
8
That Saturday, I went to the greenmarket in Union Square, and when I returned, laden with paper bags, I was halted in the lobby by Bob Lorenzo, the head doorman of my apartment building. Bob had a neatly trimmed beard, bloodhound eyes, and an air of fortitude under pressure. We got on fine, though I tried to avoid discussing the Mets or the co-op board, both of which were painful topics.