Again I hesitated, but there was no legitimate reason not to tell her at this point. “The last three numbers of each password were different, and I changed those numbers every ninety days.”
“What about the rest of it?”
“They all pretty much shared the same root password.”
“What was it?”
I hesitated.
“What was it, Michael?” she said sternly.
“Orene52.”
A Sudoku whiz, Mallory had a mind for codes and numbers, but she deciphered this one even faster than I’d expected.
“You son of a bitch,” she said.
“It’s not a big deal.”
“It’s 25 enero backward. January 25 in Spanish—your wife’s birthday. Your half Hispanic, dead wife.”
“It’s just a password.”
“Don’t try to minimize it. She’s been dead for over four years, and you still have a bank account open in her name. You never touched the money, never told me about it. And now I find out that the password for every single one of our accounts is her birthday. How is that supposed to make me feel?”
“It’s nothing.”
“Stop saying it’s nothing! Your heart is not in this marriage.”
“That’s crazy. I love you.”
“That’s the point. You don’t. It’s not just that you’re emotionally frozen and living in the past. It’s worse than that. Even though the DNA tests proved that the human remains found inside that shark were hers, you have never given up hope that somehow, some way, Ivy Layton is going to come walking through that door.”
“That’s not true.”
“It is true.”
I took another step toward her.
“Stay away from me!”
I stopped in my tracks. I’d never seen her so upset, so inconsolable.
“This has been building inside me for a long time,” she said. “It’s not a knee-jerk reaction to what’s been happening today. I’ve been unhappy far longer than you can imagine.”
“Mallory, please.”
“I mean it, Michael. I mean this more than anything I’ve ever said to you. I never thought I’d have to say these words again, but once you’ve been in a bad marriage, you know better than to stay too long the next time.”
“Don’t say it,” I said, but I was talking to the walls.
“I want a divorce.”
18
MALLORY WAS ALONE IN THE BEDROOM WHEN SHE HEARD THE DOORBELL ring. She hoped it wasn’t her husband.
Michael had kept his promise and taken his grandparents to dinner. Mallory had made it clear that he was to find somewhere else to sleep tonight, but she’d spared everyone the drama and told Nana and Papa that she wasn’t feeling well—which triggered a most uncomfortable remark from Michael’s grandmother.
“Morning sickness in the evening, maybe?” she’d said, ever hopeful for a great-grandchild.
Clueless. The entire Cantella clan is clueless.
Not that she didn’t want children. She used to love working with the little girls at the dance studio before she married Michael. Sometimes she just wished that someone in the world would hear her cries for help.
Mallory went to the door, saw her best friend through the peephole, and let her inside.
“Did you tell him?” asked Andrea.
“It’s done,” she said as she led the way to the kitchen. There was an open bottle of chardonnay in the refrigerator. Mallory poured two glasses, and the women sat opposite each other on bar stools at the kitchen counter.
Andrea reached across and patted the back of Mallory’s hand. “How are you doing?”
She drew a breath. “I guess I’m okay. It’s all so confusing. Michael’s not a monster. He didn’t abuse me. We didn’t fight over money. He doesn’t hang out late with the guys.”
“He didn’t cheat on you,” said Andrea.
Mallory hesitated. “That’s the weird thing.”
“He didn’t—did he?”
Mallory drank her wine, and her thoughts made her wince. “With my first husband, I know of two other women. There were probably more. With Michael, it wasn’t cheating in that sense.”
“Cybersex?”
“No, no. Not that.”
“Then what?”
She trusted Andrea, but Mallory was going to need a lot more wine before painting the whole picture. “Just forget it. Michael’s nothing like my first husband.”
“Are you having second thoughts?”
“Absolutely not. I know what you’re thinking: There are plenty of women who would want my life. And maybe I would, too, if I hadn’t married Michael with such high expectations. My mother wasted forty-one years of her life with a man who didn’t love her. I crammed forty-one years of unhappiness into my first marriage. I don’t need more of it from Michael. I deserve better.”
Mallory was tearing up, but she stopped herself. There had been enough of that.
Andrea raised her wineglass, as if to help avert the water-works.
“Well, I hope you find Mr. Right.”
They drank to the toast. “Tomorrow is what I’m really dreading,” said Mallory. “I’m sure the gossip wire will be at high voltage.”
“Rest assured, they won’t hear a thing from me.”
“It will get out. Everything always does. The Saxton Silvers wives club knows all.”
“You give them too much credit.”
“Honey, even your little secret was out three days after you moved to New York.”
Andrea coughed on her wine. “My secret?”
“Sorry, but it’s pretty juicy when a woman moves to New York with her fiancé and the two of them don’t sleep in the same bedroom. Housekeepers are great sources. You should be careful who you share yours with.”
Andrea went white, confirming it. “He snores, and so sometimes I have to go in the other room.”
“It’s okay,” Mallory said. “It happens to a lot of my friends, though usually not until after the wedding.”
Andrea shifted nervously, clearly uncomfortable with the way Mallory had steered the conversation. It made Mallory feel a little guilty. Andrea had been a good friend and an amazing listener. The conversation was never about her—and true to form, she turned it back around to Mallory.
“So tell me,” said Andrea. “How did Michael handle the news?”
“How do you think?”
Andrea tasted her wine. “Better than he handled Chuck Bell, I hope.”
Mallory just shook her head.
Andrea said, “Do you think there’s anything to that?”
“To what?”
“The things Chuck Bell was saying—that Michael wasn’t really the victim here.”
“Why do you ask that?”
“Maybe he’s not shocked that you asked for a divorce. Maybe he even anticipated it. Rich men have been known to do some pretty outrageous things to keep the wife from getting her hands on the money in a divorce.”
“What are you saying?” asked Mallory. “That Michael knew our marriage was going south so he orchestrated the liquidation of our portfolio and made it look like it was some identity thief?”
Andrea gave her a sobering look.
Mallory’s jaw dropped. “Holy shit.”
“Sorry, Mal. Didn’t mean to drop a dead fly in your chardonnay.”
Mallory froze, then shook her head. “I’m such an idiot. I was feeling like a total bitch over the way I jumped all over him and dropped the news. I’ve been trying to think of ways to throw him an olive branch so we can do this divorce without war.”
She climbed down from her stool, went to her purse, and grabbed her cell phone.
“Who you calling?”
“Who else?” said Mallory, dialing. “My lawyer.”
19
THE RED SAUCE SMELLED AMAZING, BUT I HAD NO INTEREST IN THE mostaccioli and meatballs in the big pasta bowl before me.
“I know nobody makes it like I do,” said Papa. “But try it. Y
ou’ll like it.”
It turned out that the ten-percent-off coupons were good only for lunch, so we went to Carmine’s in the Theater District. It was every bit as lively as Sal’s Place but huge by comparison, with hardwood chairs on creaky oak floors, glass chandeliers hanging from twenty-foot ceilings, and all the trappings of a touristy Manhattan restaurant, right down to the “Old Country” photographs on the walls. It was another of Papa’s favorites, even if it did only look as if it had been around since the 1920s. In truth, it was a vintage 1990s success story that had hit on a timeless formula: great southern Italian food at reasonable prices. Lots of food. Papa said it reminded him of an Italian wedding, the way they served everything on oversize platters intended for sharing. Ironic, on the night my wife asked for a divorce.
“Sorry, I’m just not myself tonight.”
“Is everything okay with you and Mallory?” asked Nana.
“Fine,” I lied. “It’s all this stuff going on at work.”
The waiter grated Parmesan cheese onto my pasta. Papa sent him back for a block of Romano.
“Don’t worry about that TV show,” said Papa. “The treasurer of our condo association tells me that nobody takes Chuck Bell seriously.”
I wished he were right, but in reality a huge chunk of the Wall Street world—everyone from day traders to hedge-fund managers—truly believed that watching FNN all day was “market research.”
My cell chimed. I had my entire team assigned to the Saxton Silvers rumor patrol, with strict instructions to e-mail or text me immediately with any updates. This one was about Chuck Bell. He’d bumped one of FNN’s evening shows to air yet another special edition of Bell Ringer.
Give it a rest, Chuck.
Papa poured me a glass of Chianti Classico. “I haven’t asked about this identity theft, but your grandmother and I are concerned.”
“It’s going to be okay,” I said.
“Maybe it will. And you know I don’t pry into your finances.”
That was true. In my ten-plus years with Saxton Silvers, not once had Papa asked me how much money I was making. But he spent countless hours on the phone talking me through heartbreaks and setbacks—including the loss of Ivy. For Papa, only one thing mattered: whether I was happy or not.
“I’m only going to say this one time,” he said, “so listen to me. If you’re in trouble, if you need anything. I mean anything. Your grandmother and I—…we have savings. So we can…well, you know what I’m saying.”
My eyes welled. Papa’s entire life savings couldn’t have covered my club dues, car payment, and annual debt service, but never had he and Nana asked me for anything—in fact, they’d refused my offers many times. He couldn’t possibly understand the mix of emotions he had unleashed inside me. The love made my heart swell, but the knife in my belly was the shame I felt for working with guys like Kent Frost, who could run up $22 billion in subprime losses—fly the plane into the mountain—and then bang on the president’s door to make damn sure he was going to keep his year-end bonus of $22 million. I suddenly realized that the entire financial world could collapse and there would be nothing to worry about—if only we could still count on the generation for whom the American dream was not just buying a home but actually paying off the mortgage.
“Michael?” I heard a woman say.
It was terrible timing, but Mallory’s friend Andrea was suddenly upon us and apologizing for the intrusion. She introduced herself to my grandparents as “Mallory’s best friend,” then quickly shot me a more serious expression and said, “I really need to talk with you in private.”
“Please,” said Papa, “join us for a glass of wine first.”
“That’s kind of you, but—”
“But what? Life’s not too short? Come on, I danced on these grapes myself.”
I knew Papa’s angle. He smelled trouble in my marriage, and just a minute or two with Mallory’s best friend could surely change the course of history. This was a man who would lock his lotto ticket away in the safe deposit box before they announced the winning numbers. He was that optimistic.
Andrea smiled, unable to refuse Italian hospitality, and pulled up a chair. Papa poured a generous glass of chianti for her, and of course he made her a plate of mostaccioli and meatballs. He had no way of knowing that, as a general rule, Mallory’s friends didn’t eat.
“Thank you so much,” she said. “I’m actually starved.”
This shocked me—a Saxton Silvers wife-to-be feasting on pasta and meatballs. She even asked for extra cheese. Since moving to New York in the winter, Andrea had quickly earned Mallory’s trust, but admittedly, I didn’t know her well. All I could say for certain was the obvious: She was pretty, like most of Mallory’s friends. I had a hunch, however, more substance was there.
“Did you see my grandson on television today?” Papa asked her.
“Yes,” she said, averting her eyes. She seemed embarrassed for me. “I did.”
“People are saying some really mean things about Saxton Silvers, don’t you think?”
“Papa, let’s not go there.”
Andrea said, “My fiancé says it’s the short sellers.”
“Short?” said Papa. “You mean paisans?”
I chuckled. “No, not short in stature, Papa. They’re going short on the stock.”
“What does that mean?” asked Nana.
“You don’t really want to know,” I said.
She grumbled in Italian. Sadly, I’d forgotten most of her dialect since leaving home for college, but she said something to the effect that I was treating my grandparents like a couple of dummies.
“All right,” I said, “here’s Michael Cantella’s crash course in Short Selling 101. Most people go long on stock. That means you buy it, you wait for it to go up in value, and you sell it at a profit. Short selling is the opposite.”
“You sell it at a loss?” asked Nana, confused.
“No. Instead of ‘buy low and sell high,’ you sell high and then buy low.”
“Explain this to me,” said Papa, putting down his fork. “How do you sell something before you own it?”
“Good question,” I said. “You borrow it. And you sell it immediately at the high price with the understanding that at some point in the future you have to give back an equal number of shares to the broker who loaned them to you. If all goes as planned, the stock price goes down, the short seller buys at the low price, and he gives back those cheap shares to his lender. He pockets the difference in price as profit.”
“What happens if the price doesn’t go down?”
“The short gets screwed. He has to cover the price difference in order to return the shares to his lender.”
Papa shook his head, wagging a marinara-soaked breadstick like a professorial finger. “I don’t believe in all this borrowing. You make what you earn, and you spend what you make. Not a penny more.”
“And then there are the naked short sellers,” I said, “who don’t even borrow the stock before they sell it—but we’ll save that lesson for Short Selling 201. Suffice it to say that a lot of smart folks think it was naked shorts that brought down Krispy Kreme.”
“That is a crime,” said Papa.
“Actually, there’s nothing illegal about it, unless you manipulate things by flooding the market with sell orders. Even then, I just read in the Journal that the SEC brought a grand total of zero enforcement actions in response to the last five thousand complaints it got about short sellers, so you do the math on getting caught.”
Papa said, “That’s all just a fancy way of saying a short seller is like some guy in Atlantic City betting that the price of Saxton Silvers stock will go down.”
“That’s pretty much it,” I said. “The farther it goes down, the more money the short seller makes. Which means they laugh all the way to the bank if they can get guys like Chuck Bell to blabber nasty rumors on television.”
Andrea said, “But the question is, who are ‘they’?”
�
�I wish I knew,” I said.
“You must have a guess,” said Andrea.
“I don’t like to guess.”
“Oh, come on. Who do you think it is?”
“I really don’t know.”
“You must have thought about it,” said Andrea. “Who would be able to borrow enough shares of Saxton Silvers stock to make it worthwhile to spread these rumors? And who would be that devious?”
Andrea’s fixation started to feel a little awkward. “I honestly don’t know,” I told her.
She finished her wine and smiled politely at Papa as she pushed away from the table. “It’s been lovely visiting with you. Thank you so much for the delicious food and wine. But I really do need a moment in private with Michael. It’s kind of personal.”
I looked at Papa, who of course said, “You do what you gotta do.”
Andrea said good night, I excused myself, and the two of us went to the bar, where bottles of Campari and Amaretto Disaronno had prime shelf space on the mirrored backsplash behind a long mahogany bar. We found a couple of chrome stools at the end, away from the crowd. Just then I got another rumor alert from one of my analysts; this one was serious. I asked the bartender to tune the flat screen to FNN while Andrea and I talked. The audio was on mute, but Chuck Bell somehow still managed to be obnoxious even in closed captioning.
Andrea said, “Let me first say that Mallory didn’t ask me to come here.”
“Then why did you come?”
“I’m not the type to stick my nose where it doesn’t belong, but I hate to see a marriage between two good people not work out.”
I paused to get a read on her. I’d met many of Mallory’s friends, and something about this one didn’t add up. It wasn’t just the way she took an interest in short sellers. It was the little things—like her pigging out on pasta, or her monochrome dye job, which completely lacked the array of highlights that cost Mallory the monthly equivalent of a subprime mortgage payment after a rate adjustment. I was getting the sense that Andrea didn’t belong in the club—and that she didn’t really want to belong.
“I appreciate your saying that,” I said.
James Grippando Page 10