“I’m not complaining,” I said. “One hundred million dollars is still a lot of money.”
“I have word that the day after it comes out it will open on the Exchange at fifty percent above the asking price.”
The price was fifty dollars a share. That meant it should appear on the board the very first day at seventy-five. “You guys are going to get rich just on trading alone,” I said.
“Maybe you’d like to place some of your private shares with us.” He laughed.
“No, thanks. I’m not greedy.”
They all laughed. Two million shares went out to the public. One million remained in the treasury. I retained three million shares for myself. “I have some interesting figures,” I said, referring them to the first-quarter report.
They had already seen it. “At this rate, even at fifteen or twenty times earnings, the shareholders are getting the biggest bargain of their lives,” Courtland said.
I didn’t say anything.
He looked around the table. “I trust, gentlemen, that you all realize this is the first time a major financing has been undertaken to build a hotel and casino in Las Vegas without a mortgage commitment by any of the usual sources.”
I knew what he meant. It had all started when Lonergan had come to me with the land in Vegas, along with seventy million dollars’ worth of financing commitments from various unions and insurance companies. I liked the idea, but I didn’t like having partners. Their terms reminded me too much of the mustaches back East. It was then I decided to go public. Playboy had done it with even less. I added the ten million dollars that I needed to exercise my option on Mazatlán Lifestyle and took it to the Street. There was skepticism at first, but that changed when they saw the profit figures. This underwriting was the net result.
“Let’s not get carried away prematurely, gentlemen,” I said. “We still have two more weeks before the stock is issued.”
“A mere technicality,” Courtland said. “There’s nothing that could go wrong now.”
“It’d better not. I’ve signed the contracts and I’m already on the line for the money. If this doesn’t go through, I’m in big trouble.”
“That will never happen,” Courtland said. “Right now you can put the money in the bank. The day the market opens your stock will be worth two hundred and twenty-five million dollars.”
A small round of applause greeted his statement. At first I thought it was a put-on. But when I looked around the table, I saw that it wasn’t. They were deadly serious. I had forgotten that money was a living thing for them. Too bad it couldn’t get up and take a bow. I remained silent.
“Since this will be our last meeting before the underwriting, I have been asked by the board of governors of the Stock Exchange to extend an invitation for lunch on the day the stock is placed on the board.”
“It will be my pleasure.”
“Good,” he said, obviously pleased. “That will be on Monday. I would also like to confirm your speech before the Security Analysts Club on the preceding Friday.”
“I have that scheduled. Now I’ll plan to remain in New York over that weekend.”
“Marvelous.” He looked around the table. “Any further questions before we close the meeting?”
“Just one.” One of the bankers got to his feet. “When are we going to get an invitation to one of those fabulous parties at your mansion that we’ve heard so much about?”
I smiled at him. “I’m afraid you’ve got me confused with Hefner. I don’t give parties and I don’t have a mansion. I live in a bungalow at the Beverly Hills Hotel.”
He flushed with embarrassment.
“But I thank you for asking,” I added quickly. “It’s a good idea and maybe now I’ll be able to afford to do things like that.”
They all laughed and the meeting ended on a note of mutual respect, even love. I went back to my office wondering if an equation could be developed to reflect the ratio of money to love. Obviously the more money you had, the more love you received.
***
It was a few minutes after twelve when I got back to my office. The messages were piled neatly on my desk. I glanced through them. There was nothing important, no one I had to call back. I stared out the window. It really was a beautiful day.
I picked up the phone and dialed Eileen. “How did the meeting go?” she asked.
“All sweetness and light.”
“I’m glad.”
“I got an idea. What do you say we take the afternoon off and go out to the beach?”
“I’m sorry. But I can’t. I have two editorial meetings and four writers scheduled this afternoon.”
“Tell them to fuck off.”
“I can’t do that.” She laughed. “These meetings were set up in advance. If I don’t settle some of these things, we’ll have a lot of blank pages in the magazine three months from now.”
“Shit,” I said.
“Don’t feel bad. After all, we are having dinner at your mother’s tonight.”
I tried Bobby next, but he was socked in. Production was on his back to approve some layouts. Three photographers were there for thematic assignments and nine models were waiting in his outer office for his okay.
Marissa, who was now running the tour and travel division, was also tied up. Dieter was on his way up to her office and they were scheduled to meet with representatives of the Los Angeles Dental Association regarding a convention of six hundred people at the Mazatlán Lifestyle.
Finally, I called Denise. “It’s your anniversary,” I said. “Get a replacement from the pool to cover your desk and we’ll spend the afternoon at the beach.”
There was genuine regret in her voice. “Oh, Gareth, I can’t.”
“What do you mean you can’t?”
“A bunch of girls are giving me a cocktail party at La Cantina when the office closes.”
That was the last straw. I slammed down the telephone. Everybody in the fucking place had something to do except me. Now I knew what being boss meant. It meant having nothing to do.
I pressed down the intercom. “Get me a car right away.”
“Yes, Mr. Brendan. Do you want Tony to drive you?”
“I don’t want anybody to drive me! I’ll drive myself.”
There was astonishment in her voice. “You’ll drive yourself?”
“You heard me,” I snapped, flicking the switch.
***
They got me an Eldo convertible. I put the top down and twenty minutes later I was tooling out Sunset Boulevard toward the beach. I picked up a basket of the Colonel’s chicken and a six-pack of beer and continued up the Pacific Coast Highway past Paradise Cove to a little beach that I remembered as being fairly deserted.
It was about one thirty when I got there and the sun was high in the sky. I parked on the bluff, took the basket of chicken and the six-pack and trudged down to the sand. I found a partially shaded spot where it would not be too hot, then stripped off my shirt and spread it on the sand.
Except for one surfer who was trying to catch the big wave, I was alone on the beach. I slipped off my slacks and sat down in my black Jockey briefs. I leaned my head back against the bluff and snapped open a beer can. It was nice and cold and felt good going down. Idly I watched the surfer.
He was riding a crest. There wasn’t enough force in the wave to carry him and he sank into the water. A moment later he reappeared on his surfboard, paddling out to sea to catch the next wave.
The wheeling gulls were chasing fish, the sandpipers chasing their shadows. I took my shades out of my shirt pocket and put them on to shield my eyes against the sun’s glare. The surfer was riding a good one. I watched him come almost to the edge of the sand, then step off. I wondered if I could still do it. When I was a kid, I used to spend a lot of time looking for the big wave.
***
“Just one more wave, Uncle John,” I pleaded. “Please.”
He hesitated, then nodded. “Just one more. Then we go home. The beach
is empty and your mother will begin to worry about you.”
I ran into the water, carrying my junior-sized surfboard. I swam out as far as I dared, waited for what I thought was the big one, then got on the board with a pounding heart and stood up. It was a beautiful curler and I screamed at the top of my seven-year-old lungs all the way in.
Uncle John was waiting with a big towel as I came out of the water. “Now get out of your trunks and let me dry you off,” he said.
He knelt in front of me, rubbing me with the towel. My father’s voice came from behind me. “Can’t you even manage to keep your hands off your own nephew, you perverted bastard?”
I saw my uncle’s eyes turn to ice behind his rimless glasses. Slowly he rose to his feet. Then he moved so quickly I didn’t see what happened. By the time I turned around my father was sprawled on the sand, blood streaming from his mouth and nose. My uncle was standing over him with fists clenched.
I ran and knelt at my father’s side. He moved his head weakly, trying to speak. I could see the broken tooth hanging below his lip and the look of terror on his face.
I screamed at my uncle in pure anger. “Don’t you dare hit my father no more, you mean, terrible man!”
My uncle stood looking down at us silently with an expression of sorrow on his face.
I tried to lift my father’s head. “Get up, Daddy, get up.”
My father struggled to a sitting position. When I looked up, Uncle John was walking down the beach toward his car.
For a long time after that Uncle John didn’t come to our house. And when he finally did, the closeness that had existed between us was gone.
***
Maybe it was the surfer that aroused the memory. I couldn’t recall ever having thought about it before. I pulled the tab on another can of beer and dipped into the Colonel’s basket. The chicken was still hot and moist.
The surfer had come out of the water and was walking up the beach with his board under his arm when he saw me watching him. He tightened his ass and thrust his pelvis forward so that the bulge in his bikini stood out more prominently.
I grinned at the obvious hustle. He saw my smile and took it as an invitation. He turned up the beach and stopped in front of me. Jamming the surfboard nose first into the sand, he leaned over it with one arm. With legs spread and hips thrust forward, he was practically shoving his cock in my face.
“Hi,” he said.
At close range, he was older than he looked from a distance. I had figured him for fifteen, sixteen. Nineteen or twenty was more like it. “Hi.”
“Nice day,” he said. “But the surf ain’t worth a damn.”
“Yeah.”
“Alone?”
He hooked a thumb into the front of his bikini and pushed it down so that half his cock and the top of his balls were showing. He smiled at me. “How about that?”
I grinned up at him. “Half a flash is better than none.”
The humor didn’t faze him. He was all business. “Twenty for French, thirty for Greek, forty for the round trip.”
“You’re stupid, buster,” I said pleasantly. “For all you know I could be a vice cop.”
His face turned white under his tan and he pulled his bikini up so quickly I could hear it snap against his gut. “You’re not—”
“No, I’m not.”
He sighed with relief. “Jesus! You had me going there for a minute.”
I reached for another piece of chicken.
“Man, I usually don’t do this sort of thing,” he said. “But I need the bread. My landlady is hollering for the room rent.”
“I’ll give you twenty for the loan of your surfboard for a few minutes,” I said.
“You’re on.”
I got to my feet, took my money out of my pocket, peeled off a twenty and stuck the rest in my Jockeys. “Help yourself to a beer and some chicken,” I said, picking up the board. “I won’t be too long.”
The surf was colder than I remembered its being when I was a kid. I paddled out to where the breakers were forming and waited for the wave. I wiped out four times before I caught one that I managed to ride almost to shore. That was enough for me. I quit and came out.
“How was it?” he asked. “You didn’t look bad out there.”
“I think I’ll leave it to you kids. I’m getting too old for that sort of thing.”
“You’re okay for an old guy. I like you. What do you say we get it on? No charge.”
I guess from where he was thirty-seven was a long way. “No, thanks. I’ve just made up my mind. I’m giving up boys.”
“Why?”
“Because they spoil you for girls.”
“That’s stupid,” he said. “You’ll be missing half the fun.”
Out of the mouths of babes. What he said made sense.
“Where do you live?” I asked.
“Half a mile down the beach.”
He played with my cock on the short drive to his place and the moment the door closed behind us he fell to his knees in front of me. He pulled down my Jockeys and my cock leaped free. He caught it in his mouth. With one hand, he cupped my balls and used two skilled fingers of the other to go up my ass in search of my prostate. I grabbed his head, going deep into his throat.
He pulled away, coughing and catching his breath. “What a beautiful fat cock,” he said. “I love it.” He threw himself on the bed lying on his back, his legs raised in the female position. “Fuck me! I can’t wait!”
I moved into him slowly. He pulled me down on him and I felt the hardness of his cock pressing against my belly as we picked up the rhythm. It seemed as if only a few seconds passed when he cried out. “I can’t hold it! I’m coming! I’m coming!”
I felt his cock begin to throb against me like a jack hammer as the burning semen began to spurt from it. At the same moment his fingers found my prostate and pressed. I went halfway up the wall emptying myself into him.
I never made it to my mother’s for dinner.
***
It was four o’clock in the morning when I let myself into the bungalow at the hotel. I peeked into our bedroom. In the faint light I could see Eileen, sleeping. Softly I closed the door and went to the other bathroom to shower.
I saw her shadow through the glass of the shower stall. “Are you all right?” she called over the noise of the water.
“I’m fine.”
“Your mother was worried about you.”
I didn’t answer.
“So was I,” she added.
“I’m sorry,” I said, coming out of the shower. She handed me a towel and I began to rub myself dry.
“She made me promise that I’d have you call her in the morning.”
“I’ll do that.”
She went back to our bedroom and when I got into bed a few minutes later, she moved close to me. I drew her head down to my shoulder. I felt the tears on her cheeks. “Hey, why are you crying?”
“I love you. And I can’t bear to see the way you are. You’ve got everything you’ve ever wanted. I just don’t understand why you’re unhappy.”
I kissed her hair and brushed the tears from her cheeks. But there was nothing I could say to her. I didn’t know why any more than she did.
Her fingers reached up and touched my cheek lightly. “Poor Gareth,” she whispered with sleepy tenderness. “So many wars.”
CHAPTER 49
There’s a difference between old money and new money. New money buys antiques and restores them to pristine condition so that one might almost imagine Louis Quinze sweeping through the door and putting his royal ass on the couch. Old money buys antiques and leaves them the way they are with wood unpolished, material faded and cushions so lumpy that your ass feels as if it’s perching on a pile of cobblestones.
Martin Courtland was old money. But sitting behind his desk in his office on one of the upper stories of 70 Wall Street, he didn’t have to worry about cobblestones. His chair was the only new piece of furniture in the room. He smiled
as I sat on the edge of my chair and signed the last of the papers. Then he pressed a button to have a flunky take the papers away.
Courtland leaned back in his chair and smiled at us. “That finishes it,” he said in a satisfied tone. “From now on everything’s automatic.”
I shifted on my chair and glanced at Eileen. She didn’t seem any more comfortable than I was. “What does that mean?”
“Your signatures on those papers are irrevocable orders to the underwriters to transfer the moneys they collected from the sale of the stock to your company,” he explained. “That’s why I asked you to come into New York early so that we could get it out of the way. Now when you appear before the analysts’ luncheon the day after tomorrow you know the money is in your pocket. And there’s nothing that anyone can do about it except you.”
“Me?”
He nodded. “You are the only one with the power to revoke this order.” He got to his feet. “Is there anything I can do to make your stay in town more comfortable?”
The meeting was obviously over. It was just like the magazine business. We were already last month’s issue. “We’re okay,” I said.
“I’m sorry we couldn’t have lunch. But we have time for a quick drink.” Without waiting for an answer, he picked up the phone. “Bring in the bottle of Glenmorangie.” He looked over the desk at me. “That’s my special occasion scotch.”
Then he saw us to the door of his office and we went down to the street where the limo was waiting. The car pulled away before we even told the driver where we were going.
The sidewalks were jammed with people. Nothing like California. Here everybody moved. It was a bright sunny day, but with the tall buildings surrounding us, the street looked as if it were in the twilight zone. “Fun City,” I said. “The Big Apple. What do you say we go out and turn it on?”
“Can’t we go back to the hotel and get some sleep first?” she asked plaintively. “That red-eye from California wore me out.”
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