that Charlie could return to with no set timetable.
He wiped the sweat from his face with his balled-up T-shirt and looked down the hill toward the house. It was a comfortable house, a wonderful home. From a practical standpoint, it was too big now for only Ellen and him but not nearly as large as the one Ellen had her eye on.
She came out the back door, a cordless phone in one hand, and in the other a tall glass of ice water. She made her way up the grassy slope. âItâs Scottie. Heâs in his car somewhere.â Ellen smiled at Charlie as she handed him the phone and the glass.
âThanks. Anything important?â he asked, gesturing to the phone.
âSomething about businessâyou know Scottie.â Ellen sat on a nearby stump to eavesdrop while Charlie spoke to their son.
âHi, Scott, how are you?â
âIâm driving up to Nahant to look at some investment property on the water. You may want to get into this; Iâll let you know.â Scott was speaking quickly, as always. Charlie could picture his son speeding up Route 128 in the Porsche Carrera, the top down, his laptop open on the passenger seat. âDad, real quick. Whatâs Duncan up to, do you know? Lots of buzz yesterday. OntAmex in another big tender. Word is itâs CES.â
Charlie disliked it when his son treated him like another one of his many sources. Scott had squeezed him before for information about OntAmex, which under Duncan McCordâs stewardship had been a very active and aggressive force in the world of global acquisitions. Hundreds of millions of dollars could be made on the knowledge of OntAmexâs intentions. And Scott, Charlie continually had to remind himself, was not just some hack stockbroker looking for a hot tip. He was a stock analyst for a huge mutual fund manager, a frontline player in international investments.
Charlie couldnât confirm that OntAmex was going after Continental Electric Systems, but it was probably true. He recalled Duncan talking about CES two years ago. And now it fit the profile for an OntAmex takeover like a glove. Charlie changed the subject.
âYes, Scott, Iâm fine. How are you? Your mother wants to know when youâre getting married.â Ellen flashed Charlie a quick smile.
âSorry, Dad, but Iâve got a call holding I have to take. Listen, just tell me if itâs CES, okay? Can you do that?â
Charlie could see that his son was beyond making small talk on this call. âNo, Scott, I canât confirm that. I havenât talked to Duncan in over a month.â
âOkay, Dad. Thatâs all right.â Scott was unable to hide the irritation in his voice. Theyâd been over this ground before. âSay bye to Mom for me. Iâll let you know about this Nahant property. We may want to get you out of pharmaceuticals for a while and into this.â
âOkay, let me know what you want to do. Iâll see you.â Charlie and his son clicked off at the same time.
If Scott wanted to sell some stocks and buy real estate, it was fine with Charlie. His son had complete control of Charlieâs investment portfolio. In only a few years, Scott had transformed Charlieâs investments from a conservative collection of venerable blue chips and bonds into a diversified portfolio with a value of nearly $4 million. In the last year alone, Scott had increased Charlieâs holdings by 25 percent.
The increased value of his investments seemed obscene to Charlie. To be able to make that much money without benefit of any constructive labor or even a creative idea worried him. Should it be that easy? Is there a payback coming down the road? And, most troubling to him, Is somebody else paying the tab so I can live on easy street? The economics at work in the creation of his wealth puzzled Charlie. He couldnât help thinking about his old friend Cecil, who he knew was smarter than he was, had about as much education,