Graveland

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In early 2001, having saddled the pharmaceutical giant with huge debt and cut its workforce by a third, Vaughan’s Oberon Capital Group sold Eiben-Chemcorp for a profit of $457 million. It appears, however, that Oberon did this in the full knowledge that an R &D scandal involving leaked samples of a trial “smart drug” was brewing at Eiben. What is more-and is perhaps more shocking-they then shorted the buyer’s stock in order to make a double killing on the transaction.

– House of Vaughan (p. 23)

JEFF GALE LEAVES HIS BUILDING AT 8:15 A.M. It’s a Saturday morning, and Seventy-fourth Street is quiet. A taxi glides by. Across the street an old lady stands with her poodle waiting for it to take a dump.

The sun is shining, but it’s still a little chilly.

Jeff Gale limbers up. He puts in his earbuds, taps on his iPod, and takes off for Central Park, which is three blocks away. As usual, by the time he gets to Madison Avenue he has pretty much clicked into gear, running in sync with the music and staying ahead of his anxieties, none of which will make it with him as far as Fifth, let alone the entrance to the park at Seventy-second Street.

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