The Smart Girl

It was the first time Nina could see his face properly. Everything was large about him: a high forehead with a receding hairline, a prominent nose, a large mouth with sharp creases at the sides.

“Sorry, I didn’t offer you a cigarette,” he said. “You don’t smoke? That’s wise of you. I mean to give up, too, but I haven’t been able to so far. Do you want some coffee? No? … Coca-cola? Mineral water?”

“A little water, please,” she asked, feeling suddenly that her throat was actually parched.

He picked up the phone handset and said into it, “Marina, some coffee and mineral water, please.”

It seemed to be no more than a minute before a door opened and the beautiful Marina came in carrying a small tray. She put the tray with a cup of coffee on it on the director’s table and shoved a glass of water into Nina’s hand. Nina murmured, “Thank you.”

“So,” the director said when the door was closed after Marina. “I need to discuss something with you.”

Samsonov opened a drawer and took out a plastic file. Before even he put it on the table, Nina recognized her report on Sirius. It had been her first independent assignment in the analytical department of Gradbank. Sirius was the project of building a large sports center in an outskirt residential area. About two dozen companies were involved. The general contractor had applied to Gradbank for a large loan and the terms proposed were quite attractive to the bank.

The loan was considered a decided matter, with only some routine procedures yet to be completed before its closure. Nina was tasked with polishing some financial figures in the business plan. She tackled her job zealously, eager to show her worth. Having gathered all the available information, she ploughed through it again and again, staying at work after hours. And not in vain. She discovered some inconsistencies in the project: some risks were underestimated, the inflation was not fully allowed for, and the expected profit was bloated through certain accounting tricks.

Nina consulted Ariadna Petrovna. The woman said, “Don’t you cram your little head with this. Every project is full of this kind of shit. Make a note of it in the report, though.”

Nina went on digging and gradually she became convinced that there was something very wrong with the project. As she looked for the hundredth time through the papers bearing the pretty logo of the future sports center, she was pervaded by an almost physical sensation of danger. Where that sensation came from, she never could tell.

The time came to submit her report. Nina presented neatly what was expected of her and then, as a supplement, listed the inconsistencies she had unearthed. After some hesitation, she typed the addition, “On the whole, Project Sirius raises some serious doubts which, for the lack of time, could not be either confirmed or dispelled. Under the circumstances, I cannot recommend the Project to the Bank. N. Shuvalova, Analyst.”

At the sight of that, Ariadna Petrovna gasped, “Of all the cheeky rookies! Who are you to recommend anything? … Not bad work, though. You have grip, girl. All right, leave it to me, I’ll take care of it.”

Afterwards, Nina heard that Project Sirius had been declined by the Bank. No comments were issued.

Now she saw her report lying on the director’s table.

“I want to know what reasons you had for your opinion,” Samsonov said covering the file with his broad palm.

That was an awkward question. Trying to dodge it, she mumbled away hastily, “It was too bold of me to write that, I understand. I had no business sticking my neck out with any recommendations. I am sorry for having presumed so – it was inappropriate…”

“On the contrary,” the director interrupted her. “It was most appropriate. Apart from you, there was only one person in this entire bank who was against Sirius. It was me. But I knew certain things that could not be known to you. That’s why I am asking what reasons you had for your doubts. I’ve read what you wrote here. You make some good points, but they don’t amount to much. So?”

Seeing that there was no dodging it, she confessed, “Mostly it was intuition. I wasn’t able to prove anything.”

“H-m,” he grunted. “Is it often that way with you?”

“About fifty per cent of the time.”

“And the other fifty per cent?”

“In about half the cases, I manage to find firm facts and work it all out.”

He pondered.

“Well, I guess it’s a fair proportion. It seems that you’re really a good analyst. As for me, I hardly ever can work it all out, and my intuition can fail me, too. But I know more facts.” He grinned.

“How long have you been in financial analysis?” he asked.

“Six years.”

“Graduated from the financial university, right? And where did you work after graduation? I can see that you specialized in construction.”

“Yes, I did construction loans in…” Nina named an obscure bank which could not stand comparison with the smallest of Gradbank’s branches.

“Ah, yes, Sinitsin told me.”

Nina was not at all eager to dwell on her old job. Trying to change the subject, she blurted out, “May I ask why Sirius was declined?”

The man raised his eyebrows. Gradbank’s general director, who was routinely settling business issues with big bosses, seemed to be at a loss to handle a bold young employee.

“I insisted,” he said after a pause. “You see, I just knew the man behind that project – the one who had really devised that whole Sirius racket. In the old days, we were in the university together. He got me expelled from the Young Communist League. A rare bastard. I was sure that he wasn’t to be dealt with. But that’s just sentimental talk – I needed some more solid arguments for the board. Of course, I would have my way anyway, but I admit that your report came in handy. So, thank you.”

To Nina’s surprise, she was pleased to receive acknowledgment from the man.

“By the way, if you are interested – Sirius got itself a loan elsewhere afterwards.” Samsonov named a well-known credit bank. “It all ended in a big scandal.” He smiled wryly. “The friend of my youth managed to transfer all the cash to an offshore bank and absconded. He’s still wanted. That’s the way it goes…”

The director was scrutinizing Nina openly. To make it easy for him, she rose her glass to her mouth and, with her eyes dropped, plunged her lips in the mineral water for a long while.

“All right, enough of Sirius,” said Samsonov. “I’ve got something else to discuss with you.”

The director walked to a safe in the wall, clicked his key repeatedly in the slot, opened the massive door and extracted a folder – a huge, hard, tightly fastened monster.

“That’s what’s really important,” he said, banging the folder down on the table. “What do you know about the project, Zaryadje–XXI?”

“Almost nothing,” Nina admitted honestly.

She had heard on the TV and read in the papers that plans were afoot to build a huge business center – not somewhere on the outskirts, but right in the historical heart of the city. Protectors of architectural heritage voiced their protests, but those voices were few and sounded muffled – a sure sign that the city authorities were in support of the project and kept the situation under a tight control.

“So that you understand – we’ve never before been involved in such a big project. If we make it, Gradbank will be rated among the top five investment banks in the country. And if we mess it up… Then, with luck, we’ll be selling hot dogs in the street.”

“I wasn’t even aware that Gradbank had anything to do with it,” said Nina.

“A request for tenders is going to be announced tomorrow, and we’re officially among the tenderers, so it’s no longer a secret. But, mind you, everything else about it is a secret. Top secret, and I mean it.”

“I understand,” Nina assured him. “But I don’t know anything.”

“You are going to. I want you to study the materials on Zaryadje – absolutely everything, every goddamn detail. You study it all and write your conclusion.”

Nina caught her breath. She had suspected that she was in for some kind of assignment, but that was beyond her wildest expectations. If she had been after a career in Gradbank, she would have been triumphant. What a chance! But Nina had not come to this bank to make a career, and instead of triumph, she felt cold anger – the same kind of anger that always filled her on the tennis court.

“Do you want me to find arguments in favor of the project? Or the other way?”

“Neither. I’m not going to suggest answers to you. As for me, I’m stuck in this business too deep now to see the big picture. So, your job will be to take an outsider’s look and tell me what you think. There are two questions, basically. One, whether we’ve done everything possible to win the contract. And the other, whether it’s a good idea for us to win it.”

He looked at her intently. Despite the easy, almost friendly tone that he took with her, it was obvious that he was talking of a matter that was very important to him.

“So? Are you in?”