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'What are you going to do? Go on, or step back?'

'I'm thinking.'

At a few minutes short of five o'clock in the morning, the sparrows, tits and chaffinches were starting to sing and, with the smear of grey softening the city's lights, Mister paced in the back garden. The Princess was now beside him. She had been to bed, had woken, found he wasn't beside her – panicked before clarity took over from the weariness – thrown on her dressing-gown, and come to find him. He did most of his thinking in the back garden, and made all of his calls on the mobile phones from behind the screen of conifers that would block out their cameras.

'Can you do it without Cruncher?' she murmured.

He was two years younger than Cruncher. At school he had made the money and Cruncher had been his banker; he had put the frighteners on the kids and they'd taken money from home, and Cruncher had minded it for him and told him where to put it; good old conservative Cruncher, then aged fifteen, had put his first hundred and his first thousand into Channel Island-based bonds, a numbered anonymous account. He'd lost touch with Cruncher when he'd gone to the young-offenders prison, and Cruncher had moved out of Attlee House. If Cruncher had been physically strong, and a hard man, he would eventually have taken over his parents' fruit and vegetable stall in Dalston market. If he'd had money, real money, he would have gone off to accountancy school.

He hadn't been strong, hadn't had the resources, so he'd taken a flat south of the river and a clerk's job in the City. The way Cruncher told it, the supervising clerk was embezzling, and doing it cleverly because when the books bounced the blame seemed to fall at Cruncher's feet. A fraud conviction had put Cruncher into Pentonville, and an old friendship had been resumed. Mister, and he'd always acknowledged it, was fascinated – in Pentonville and afterwards – by Cruncher's encyclopedic knowledge of the routes for moving covert money. The day after he'd been released, two weeks before Cruncher came out, he'd gone down to a suburban Blackheath road, kicked in the supervising clerk's door, beaten the man half to death, good enough for him never to work again, and Cruncher had become his man.

'I never backed off.'

'Is it that important, to you?'

'Seems to be.'

'But you've never done anything big – and this is the biggest – without Cruncher.'

Cruncher organized the network of bankers and dealers who would ignore the Disclosure regulations and flush the money into the legal financial system.

Cruncher liked to say that the size of the globe had been reduced to that of a computer screen. Accounts were held in the Caymans, Cyprus, Panama, Mexico, Nigeria, Venezuela and Canada, and still there was the old Jersey nest-egg. Cruncher talked a language, foreign enough to Mister, of cost flow, franchising, front companies and offshore. Half the year Cruncher was in the air or swanning in the best hotels on Mister's business, moving money and identifying the property investments that the Eagle made legitimate.

If there had been records available to public scrutiny, and there were not, Mister would have figured on any list of Great Britain's top twenty for wealth. It had been Cruncher's idea that he should move on, soar upwards, do his biggest deal. The thought of the deal, in the eight months in Brixton, had sustained Mister.

'Have to learn then, won't I?'

'Like the start again of the good days…?'

'The best days.'

The good days, the best days, the days he loved, were the early ones when he had made his turf sacred and cut down the legs of rivals. The days of security vans and factory payrolls, monitoring the competitors to rip off their trade, enforcing respect with the sawn-off shotguns and Magnum pistols, buying the first drinking clubs, the first bars and the first property in the marinas down on the south coast. He'd made the money, Cruncher had rinsed it, and the Eagle had kept him out of the courts. The best days, when he was on the rise to the top and rivals capitulated, were heady and exhilarating… Then the plateau.

More than three years back he had realized he was going nowhere. No more raids and rip-offs because from the middle eighties, when Mister was in his early thirties, the trade had turned to importation, distribution and dealing. Heroin had made the serious money that Cruncher had laundered. Heroin from Afghanistan, imported into the country by the Turks from Green Lanes down the road from the North Circular, had brought in the big money, and the plateau had been reached when the competition had been wiped out. Mister ran the capital's supply, some that went to Birmingham, a bit of what went to Liverpool and Manchester, and most of what went to Newcastle. The only time since he had been on the plateau that he had been hands-on, in a car and taking a sack of stuff to a warehouse, he had been identified and lifted. He hadn't needed to be hands-on, but it was boredom that had put him in the car. In the best days he had been in sole control and Cruncher and the Eagle had fed off him; on the plateau there had been little for him to do but read the balance sheets that Cruncher presented to him, and authorize the contracts the Eagle prepared – he couldn't even spend the money because both chorused that yachts, villas, private jets and stakes in football clubs led to investigation and downfall. The week before his arrest, Cruncher had come to him with the plan for the deal, and the boredom had been stifled, killed, scraped out of his system.

The mobile in his pocket warbled quietly. He snapped it on. He listened, then he said, 'I'm sorry, but I don't know what you're talking about. You must have a wrong number.' He switched it off and pocketed it. It was what the Eagle told him he should always say when the Crime Squad man called him.

There was a thin smile on his face. 'The guy who came tonight, he's been fired. He's finished. His time ran out at midnight. I'm still Target One, but his team's wound up.'

Her fingers touched his face. 'You're the top man, you're untouchable. You're walking rings round them.'

'Target One,' he mused, rolled it round his tongue.

'And the Church team's finished… Can't do anything about it, not right now, but Cruncher's pad has to be clean.'

Mister knew everything of Cruncher's life. He knew of Cruncher's three loves: rent-boys, luxury, and the handling of money. He tolerated the homo-sexuality, allowed the luxury and marvelled at the expertise in handling money. The police would be crawling through the terraced Docklands house. He had to hope that the records had been stored safely in the safety-deposit boxes of the small private banks, to which only he and Cruncher had the passwords and entry-code numbers. He didn't think that Cruncher, before he went away, would have left behind evidence that would incriminate him or – worse – lead to the sequestration of his assets.

'So…?'

'I'm going to go with it,' Mister said. 'It's what I want.'

'I'll make a coffee.'

'Don't think I'm not sorry about Cruncher, but I feel good.'

On the first train of the day that clattered down the tracks south from Glasgow a tall, elderly man with a stooping walk came back to his seat from the buffet car.

His seat was in standard class. His rank in Customs

amp; Excise entitled him to pullman or first-class travel, a full English breakfast in the restaurant, and compli-mentary newspapers. But it was his style that he claimed the minimum of available expenses. The habit was unsettling to his juniors and frowned on by his more senior colleagues. He revelled in the discomfort he caused. He would not have admitted it to anyone he worked with, but he rather prized the ability to create discomfort. No one in the National Investigation Service, whether drunk or hallucinating, would ever suggest there was a possibility that this senior investigation officer had his price. In work practice, he was regarded as a dinosaur from before the Stone Age, but his incorruptibility was guaranteed. He had demanded, and reluctantly been given, a receipt for the single beaker of coffee. He settled into his seat. A young mother was breastfeeding beside him. A businessman opposite shouted into his mobile.