The Cooperman Variations

The Cooperman Variations by Howard Engel

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Authors: Howard Engel
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saw that they were the rundowns I’d asked for yesterday.
    On top was a name and phone number: Frances Scerri. Ah, yes: Vanessa’s sister. The one she’s not on speaking terms with. I put it in my pocket. Under that I found a hierarchical chart that divided the page into several boxes. The first box on the left had Chairman written at the top. His name was Hampton Fisher, and he was NTC’s controlling shareholder, owning forty-two per cent of the A shares. Hampton Fisher and I had never met, but I had known his wife, Peggy O’Toole, the movie star, about ten years ago when she was making Ice Bridge in Niagara Falls. I got to know her fairly well, now I come to think of it, but her standoffish, germ-fearing husband so rarely came out in public he was being accused of being Howard Hughes back from the dead. He had surrounded himself with flunkies in Niagara Falls, rented a whole floor at the Colonel John Butler Hotel, and watched people’s comings and goings through a series of TV monitors. If he and Peggy had had any children, I never heard about it. Yet they stayed married, which was an improvement on Hughes. Fisher had not scrimped and saved to make his fortune, nor had he beat his way to the top pushing less dedicated entrepreneurs out of his way. He was born into a successful newspaper family. It was his grandfather who’d done all the pushing and shoving. Hamp simply inherited it all when his father died. For that reason, many tried to write off Hamp Fisher. He was easy to put down: the drinking water he had flown in from California, the thermometer he carried at all times, his peculiar diets. All this gave reporters from opposition papers a field day whenever he threatened to take over another group of dailies. To tell the truth, Fisher had weeded and trimmed his garden of papers, pruning the unproductive ones and fertilizing the promising. His grandfather would have been proud of him. More recently, having put the papers in a holding company, he had been buying up television stations and setting up the newest of our TV networks. I guess it beat collecting stamps.

    Two lines had been drawn from the Chairman box. The top one ran to a box marked Board of Directors . On it, I would find that the members, friendly outsiders, plus the chairman and the president, owned another twenty-six per cent of the A shares. The names of the friendly outsiders didn’t light up my sky at once, but on a second reading I recognized the name Ted Thornhill. Hell, I’d even met him! He was the guy who made a guest appearance at the signing of the Dermot Keogh Hall contracts, the man who’d arrived with his own photographer. He was the president and general manager, the chief executive officer of the whole shebang. Not only did his name appear in a list of the Board of Directors, but it appeared just below it in a box all his own, joined by a line to the Chairman box. A vertical line ran down from the President, General Manager & CEO box to a horizontal line from which depended several boxes: Finance, Programming, Advertising & Sales, News . All of these were vice-presidents. Again, the names here meant nothing to me.
    I tried to remember what I once knew about shares in limited corporations. The A shares were voting shares, the preferred shares held by a few insiders. The B shares were publicly traded. The insiders were allowed to own only five per cent of the B shares, according to what my paper said. That left twenty-seven per cent of the remaining B shares widely owned in small batches. I put this page away for future reference after checking to see that Vanessa’s name turned up in a box of its own directly under David L. Simbrow, the vice-president of programming. She was designated Head of Entertainment . Her name had been inserted where that of Nathan Green had been removed.
    I called out to Sally, “What happened to Nate Green, Sally? Where did he fit into the frame of things?” Sally looked at me for a good deal longer

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