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Trust Fund

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Overview

From the New York Times bestselling author of The Takeover and The Insider comes a riveting new novel pitting brother against brother and putting personal honor to the ultimate test--in the world of high finance and boundless ambition among power brokers from Wall Street to Washington. A scion of wealth and privilege, Bo Hancock is the youngest son of Connecticut's most influential clan--and the financial genius at Warfield Capital, the multibillion dollar investment firm at the heart of the family dynasty. He is also stranded in the shadow of his charismatic brothers, Teddy and Paul, and starved for the approval of their domineering father. While his brothers enjoy the spotlight, Bo can be counted on to "clean up" when anything threatens to tarnish the sterling Hancock name. Sixteen years ago, Bo covered up a monstrous crime involving Paul and a call girl. Now Paul is on the fast track to the White House--and Bo has become a liability, thanks to his weakness for alcohol and for women other than his wife.

Editorial Reviews

Family political aspirations lead to corporate collusion with a rogue cadre of U.S. congressional and intelligence agents bent on co-opting the resources of the Internet and the military industrial complex in this high-octane conspiracy thriller. Jimmy Lee Hancock, the Joe Kennedyesque patriarchal head of a massive family-owned hedge fund, Warfield Capital, secretly approves the diversion of $2 billion to the cadre in exchange for evidence smearing his son Paul's presidential primary opponents. Youngest son Bo has brilliantly maneuvered Warfield Capital to the top of the Wall Street heap, but eldest son Teddy gets all the credit. When Bo makes millions for the firm on the gold market, he and his wife, Meg, find themselves inexplicably exiled to Montana by Jimmy Lee, ostensibly because Bo's drinking and potential womanizing might ruffle Paul's campaign. Frank Ramsey, a man Bo distrusts, replaces Bo as COO, becoming the first family outsider to wield company power. When a Warfield exec dies soon after alerting Bo to a shady money deal, and Hancock senior has a heart attack, Bo races back to Manhattan just in time to be told a devastating family secret. A showdown with Ramsey sparks a hardball attack by the secret cadre, and the bodies start piling up as Bo battles enemies inside and outside the family. Bo's ultimate weapon is his knowledge of finance, and real-life financier Frey (The Insider, etc.) cleverly incorporates the workings of Wall Street, global economics and the wired world into his melodramatic plot. The reader always learns something new about finance from Frey's suspenseful outings. (Jan 2.) Forecast: Any novel by the author of The Insider is going to get attention (a sample chapter of Trust Fund will be included in the mass market edition of The Insider, also due out in January), and bookstore and author media appearances in D.C. and New York will give this title an extra boost. This book should chart well. Copyright 2000 Cahners Business Information. -- PUBLISHERS WEEKLY.

Author Information

Bio of Stephen Frey

Author Stephen Frey used to work in mergers and acquisitions at J. P. Morgan and as a vice president of corporate finance at an international bank in Manhattan. Currently, he is a principal at a Northern Virginia private equity firm.

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Additional Info

Imprint

Random House

Filesize

546.51 KB

Number of Pages

384

eBook ISBN

9780345447142

Excerpt from: Trust Fund by Stephen Frey

CHAPTER 1
April 1984

"Give me more," the young woman murmured.

Bo Hancock smiled in his measured way, the hint of emotion veiled by midnight. He was enjoying the multitude of bright stars filling a moonless sky, the scent of Melissa's perfume blending with the sweet smells of spring, and the absolute serenity of this place he dearly loved. They might have been the only two people on earth, but that was the estate's charm. It made him feel safe.

Bo had grown up here, exploring every corner of the estate's vast forest as a child. He knew it better than anyone. He'd played touch football on the great lawn in front of the playhouse with his father, brothers, uncles, and cousins before Thanksgiving dinner each year, the soft grass blanketed thinly by snow some Novembers, bathed in warm sunshine others. He'd canoed and swum in the cold, clear lake in summer and played hockey on its ice in winter. And he had experienced his first kiss beside the lake at fifteen, hidden with the girl in a grove of sweet-smelling cedar trees.

"What do you mean, Melissa?" Bo asked, his gravelly voice made even rougher by his fondness for alcohol and tobacco. "Give you more what?" He knew exactly what she meant.

The young woman brushed against him as they stood on the smooth granite of the mansion's back veranda. "More of your words-to-live-by," she answered, mesmerized by his voice. It was gruff for a young man, but oddly reassuring too. Like a shovel scraping rock and a cat purring at the same time.

"Oh, I see," Bo said, drawing his words out. He took a drag on his cigarette before beginning. "The best relationship you ever know will be the one in which you love each other for your faults -- not despite them."

"That's nice," Melissa said as his words dispersed slowly in the stillness of the evening, her voice all at once as raspy as his.

Bo chuckled softly. He had finally broken through her veneer of detachment. He understood why she needed that barrier, but it had gotten in the way of any meaningful conversation between them. He looked away from the many points of light suspended above them to admire her silhouette. She was tall and statuesque, with long, jet-black hair and eyes as dark and mysterious as the surrounding woods. "You weren't expecting anything quite so romantic," he said. "Were you?"

"I don't know," she answered, trying to sound indifferent.

"How about this one?" Bo suggested, his tone lighter. He realized that he had caught her off guard and that she needed a lifeline. Saving people was one of the two things he enjoyed most in life, particularly when he had introduced the danger. And that was the other.

He took a swallow of scotch. "Make certain you approach both love and cooking with reckless abandon."