Chapters (50)
- DEBT OF HONOR
- Acknowledgments
- Prologue
- 1—Alumni
- 2—Fraternity
- 3—Collegium
- 4—Activity
- 5—Complexity Theory
- 6—Looking In, Looking Out
- 7—Catalyst
- 8—Fast-Forwarding
- 9—Power Plays
- 10—Seduction
- 11—Sea Change
- 12—Formalities
- 13—Winds and Tides
- 14—Reflections
- 15—A Damned, Foolish Thing
- 16—Payloads
- 17—Strike One
- 18—Easter Egg
- 19—Strike Two
- 20—Strike Three
- 21—Navy Blue
- 22—The Global Dimension
- 23—Catching Up
- 24—Running in Place
- 25—All the King's Horses
- 26—Catch-up
- 27—Piling On
- 28—Transmissions
- 29—Written Records
- 30—Why Not?
- 31—The How and the What
- 32—Special Report
- 33—Reversal Points
- 34—All Aboard
- 35—Consequences
- 36—Consideration
- 37—Going Deep
- 38—The River Rubicon
- 39—Eyes First
- 40—Foxes and Hounds
- 41—CTF-77
- 42—Lightning Strikes
- 43—Dancing to the Tune
- 44—…from one who knows the score…
- 45—Line of Battle
- 46—Detachment
- 47—Brooms
Other Asian banks went next, repeating the same procedure as in Hong Kong, and the people in the War Room watched their machines. Just after noon, New York time, Friday, which was 2:03 A.M. on Saturday in Tokyo, they saw another three hundred million dollars of U.S. bonds dumped into the market, these at a price even more attractive than that just offered in Hong Kong, and these, also, were rapidly bought by other European bankers for whom the working day and week were just coming to an end. As yet nothing grossly unusual had happened. Only then did the Japanese banks make their move, well covered by the activity of others. The Tokyo banks as well started selling off their U.S. Treasuries, clearly taking action to firm up the yen, it appeared. In the process, however, the entire world's ready surplus-dollar capacity had been used up in a period of minutes. It could be written off as a mere coincidence, but the currency traders—at least those not at lunch in New York—were now alerted to the fact that any further trading on those notes would be unsettling, however unlikely that might be, what with the known strength of the dollar.
The state dinner was reflective of traditional Russian hospitality, made all the more intense by the fact that it celebrated the end of two generations of nuclear terror. The Metropolitan of the Russian Orthodox Church intoned a long and dignified invocation. Himself twice the victim of political imprisonment, his invitation to rejoice was heartfelt, moving a few to tears, which were soon banished by the start of the feast. There was soup, and caviar, and fowl, and fine beef; and huge quantities of alcohol which, for just this once, everyone felt free to imbibe. The real work of the trip was done. There really were no secrets left to hide. Tomorrow was Saturday, and everyone would have the chance to sleep late.
"You, too, Cathy?" Jack asked. His wife was not normally a heavy drinker, but tonight she was knocking it back.
"This champagne is wonderful." It was her first state dinner overseas. She'd had a good day of her own with local ophthalmic surgeons, and had invited two of the best, full professors both, to come to the Wilmer Institute and acquaint themselves with her specialty area. Cathy was in the running for a Lasker Award for her work with laser surgery, the product of eleven years of clinical research, and the reason she had not accepted a department chairmanship twice offered by University of Virginia. Her big paper announcing the breakthrough would soon be published in NEJM, and for her as well, this night and this trip were the culmination of many things.