Izzy pointed to the newly displayed mad thunder of color, lines and symbols. “Now, those are the bank accounts for those corporations.”
He backed down another step, got two more students to hold the sides and two more to hold the extreme top which was buckling. “Now there, and notice the arrow’s as they intertwine, are the various brokerage firms which will handle orders placed with the mask corporations.”
Izzy backed another step, unrolling the roll further.
“What is this?” one student, wandering up, asked another.
“Psychedelic art,” said one already holding.
“Now, here we are getting to the more important stages,” said Izzy. “The corporation on the right is in Canada. The one on the left is in Mexico. And these two corporations invisibly control the center one which is in Singapore. Get it?”
Izzy backed further. He needed more students and got them. Several were now up on a big stone parapet, looking down on it.
“Now, this series of arrows — the green series is the most important although the purple ones there are useful — transfer the funds of the above corporations in such a way as to bypass all reporting to governments.”
“Is it a poster?” asked a student.
“Poster for some new riots, I heard them say,” said another.
Izzy stepped down another broad step and unrolled it further. He got more holders. “Now, this is the Swiss-Liechtenstein consortium of corporations. You may wonder why these seem so independent. Well, actually they are not.”
He unrolled more chart, got some newcomers to hold it. “The Swiss-Liechtenstein fund flow goes underground to West Germany and thence to Hong Kong. Do you get it? No?”
More of the chart was unrolled and held, “You can see why, now. The Hong Kong funds — see the purple arrow there — flow to Singapore, come back to Tahiti and…”
He unrolled more chart, “…arrive right in our own backyard in the Bahamas. Clever, eh? But look at London.”
He unrolled more chart. One whole width was devoted to three corporations, three stockbrokers and three bank accounts, all in London. Orange lines radiated out and came back to Hong Kong. “And that is how we get the funds into the Bahamas from the City as they call it. But you will be interested in this.”
He unrolled more chart and got more holders. There was an interlocking series of lines which stretched out to every bank account and brokerage house, a spider web of royal blue. “That is the arbitrage network. By means of a centrally controlled system, we can take advantage of the differences of currency prices throughout the whole network and every time we transfer any funds, we also make a mint! It requires telexes and lease lines from RCA, of course. But it will pay for itself every week.”
He unrolled more chart, got more holders. The steps were pretty thronged by now.
“What was the artist thinking when he drew it?” asked a girl.
“Soul music,” said a learned boy.
“I think it’s quite lovely,” said another girl. “It certainly makes one tranquil.”
“And now,” Izzy said to Heller, “I’ll bet you’ve been holding your breath waiting until I got around to this.” He waved his arm in a grand gesture at a single corporation marked with a circle and red arrows. “That,” said Izzy, “is MULTINATIONAL! By reason of nominee shares, noninterlocking controlled boards, it orchestrates the entire conduct of the entire remaining chart. And listen, here is the best part: it calls itself a MANAGEMENT company! It isn’t visibly liable for a single thing any other company does! Isn’t that great?”
“But why,” said Heller, “why all these different corporations and brokerage houses and bank accounts?”
“Now, I am responsible for you. Right?”
“Right,” said Heller.
“If any one of those corporations goes broke, it folds all by itself and it doesn’t do a thing to any other part of the entire consortium. You get it? You can go bankrupt to your heart’s content! You can also sell them for tax losses, buy other corporations with them. You can also hide and vanish profits. Everything.”
“But,” said Heller doubtfully, “I don’t see that so many—”
“Well, I will admit I haven’t told you the real reason.” He leaned over to Heller’s ear. “You told me you had an enemy. Mr. Bury of Swindle and Crouch. He is the most vicious, unprincipled lawyer on Wall Street. With this setup, he will never be able to touch you.”
“Why not?” said Heller.
Izzy leaned much closer and whispered much more quietly, hard to hear above the chatter of the crowd. “Because in every record, neither you nor your name will ever appear in any of this. And anything you are publicly connected with will not feed back into any of this. They are all private companies, all for profit, all controlled by actual stock shares. It is impenetrable!”
He stood back. “There is just one thing more I need your approval on. I didn’t put it on this chart. An art student did it for me at breakfast.”
Tucked in the bottom of the roll was another roll. It opened to a picture about two feet by three. It was a round, black globe. It had a little piece of rope or something sticking out of the top of it. Sparks were flying from the tip.
“What is it?” said Heller.
“It is my proposal for the evolving logo of Multinational! Actually, it is the old symbol of anarchy, a bomb! See the lit fuse?”
“A chemical powder bomb,” said Heller.
“Now, we turn the poster over and we simply see a dark sphere with a wisp of cloud at the top. And that’s what we will put out as the logo but you and I will know what it really is. Now do you approve?”
“Well, yes,” said Heller.
“The chart and the logo?”
“Well, yes,” said Heller.
“I know it is crude and hastily done. I haven’t even filled in many of the names. I think it is very tolerant of you to approve it.”
“What is this?” a newcomer asked Heller. “A work of art?”
“Yes,” said Heller. “A work of art!”
“Well now, let’s roll it up,” said Izzy.
“No,” said several of the crowd at once. One said, “A lot of people haven’t been able to see it. We’ll spread it out on the steps here and people can go up on the parapet there or climb the statue and get a real look.”
Overruled, Heller and Izzy drew back and let them have their way.
“Did you get re-enrolled?” said Heller.
“Oh, yes,” said Izzy. “That’s why I was a little late. While I was doing all this, I got a brand-new idea for a doctorate thesis. And I saw them about it. It’s ‘The Use of Corporations in Undermining Totally the Existing World Order.’”
“And they agree to let you re-enroll and write it?”
“You see, the mistake I was making was getting off into political science and they kept telling me so. My doctorate is in business administration. But this new idea is perfect. It doesn’t contain the word government, it does contain the word corporations. And world order can be interpreted to mean capitalistic finance. So unless some horrible, malignant fate overtakes me from some other quarter, I can get my doctor’s degree at the end of this October.”
“Then you paid your bill,” said Heller.
“Oh, yes. You can have your two hundred advance back.”
“But how… ?”
“Right after I left you yesterday, I went to the Bank of America. I showed them the two hundred which proves I had a job and borrowed five thousand dollars without collateral. I paid off the government loan and have far more left than I really need. I won’t have to sleep in the park — I’m always afraid of being mugged. I can stay in a dorm a couple of nights until we get our offices. And, if you don’t mind, I’ll sleep there when we do.”