Fletch’s Moxie

“Yes. All right.”

“The sole proprietor of Jumping Cow Productions is Ms Marilyn Mooney.”

“Holy Cow.”

“Chief Executive Officer and Treasurer is, or was, Steven Peterman.”

“Wave that in front of me again, Marty. Moxie owns Jumping Cow Productions?”

“One hundred percent.”

“I know she doesn’t know that. She keeps referring to Jumping Cow as ‘them’ and ‘they.’ In fact, I think she’s been waiting word from someone at Jumping Cow as to whether filming on Midsummer Night’s Madness is to continue.”

“She’s waiting to hear from herself.”

“Wow.”

“You can say she didn’t know about it, Fletch, but her signature is in all the appropriate places. The Delaware incorporation papers, loan agreements—”

“Talk to me about the loan agreements, Marty.”

“I wish I could tell you everything. I can’t. Cops interruptus. We were able to discover there are huge sums of money floating around for no reason we were able to discover. Millions of dollars. Some of the monies seem to have been raised to produce these films—but we can’t find any evidence that any of these films exist in any form whatsoever, except Midsummer Night’s Madness which, by the way, seems to have a remarkably low budget. There are loans from Swiss banks and Columbian banks and Bolivian banks. Some of these loans seem to have been used to repay loans to banks in Honduras, Mexico, the Bahamas. Thoroughly confusing. On some loans, we couldn’t find schedules of repayment, or that anything at all had been repaid. On other loans, which were being repaid, we couldn’t find the pieces of paper which said the loans had actually been taken out in the first place.”

Fletch had drawn his knees up and put his feet in the chair. He was warmer that way. “All this under the banner of Jumping Cow Productions?”

“No. A huge, huge amount of this activity is under her own name, personally.”

“That’s bad.”

“I think so.”

“Marty, how would you say she stands in general, financially, ahead or behind?”

“Haven’t you been listening? Tons of money which exist on paper under her name, and under Jumping Cow Productions, Inc., don’t seem to be anywhere.”

“Stolen.”

“Disappeared.”

“Then, financially, she is behind.”

“I’d say so. If you were looking for a motive for murder, you found one. A big one.”

“I wasn’t, actually.”

“I can’t see how she can ever get out of trouble. No matter how young she is. Millions are missing. Of course, maybe if we had another three weeks with the books, we could find some of it.”

“Can’t she claim bankruptcy?”

“It’s not just money I’m talking about, Fletch. A lot of baffling financial activity has been happening under her name. Again, I wasn’t able to spend enough time with her financial records to use the word fraud advisedly—”

“Ow.”

“And her tax filings have been negligent. I mean negligible. Negligent and negligible. Minimum filings, maximum extentions. There were I.R.S. pieces of paper among her records, but no real reportings of income, outgo, profit, loss.”

“Jail.”

“Well. For next year she shouldn’t plan too big a New Year’s Eve party.”

“But she wasn’t doing all that bad stuff. She didn’t even know about it.”

“It was going on under her name, and she signed things.”

“Marty. What about her personal assets?”

“Well, she owns a cooperative apartment in New York—mortgaged to the maximum. Also a very expensive property in Malibu, California, also mortgaged to the maximum. Her ownership of common stock follows a very distinct pattern. She would purchase at fifty and sixty dollars a share and sell at twelve and sixteen dollars a share.”

“Always?”

“Few exceptions.”

“Tax losses? Do you think Peterman was trying to create tax losses?”

“He was creating losses, all right. Huge losses. No preferred stock, no bonds. And the companies in which she was invested were foreign companies no one ever heard of. I mean, like a chain of bakeries in Guatemala.”

“Must be dough in that.”

“A Mexican trucking company. A restaurant in Caracas, Venezuela.”

“Caramba!”

“An unrelieved tale of woe, Fletch. The only other thing she seems to own in this country is half interest in a horse farm in Ocala, Florida.”

“Oh.”

“That mean something to you? Five Aces Farm.”

“Oh.” Fletch counted his toes. “The alleged owner of that farm, Ted Sills, was a friend of Peterman’s. I guess. That is, I met Sills at a party at Moxie’s apartment once in New York. Peterman introduced us.”

“Well, your friend Moxie has paid for the shipment of an awful lot of race horses between here and Venezuela.”

“Oh. But, Martin, Moxie didn’t even recognize Ted Sills’ name when I mentioned him yesterday. We’re even staying in Ted Sills’ house. Right now.”

“Small world.”

“Even I’ve invested in some of the son of a bitch’s race horses.”

“Maybe I should go through your papers, too.”

“Maybe you should. Hell’s bells, Marty, what does all this add up to?”

“I don’t know. Wasn’t able to spend that long with her papers. On the face of things, it looks like your Moxie Mooney had an excellent motive for killing Steven Peterman. The best. Not once, but several times.”

“That’s what the police will say, isn’t it?”

“I expect so. Of course, they could always find a factor which makes everything come out all right. But I doubt it. Experience has taught me, Fletch, that honest people do not bury their honesty in dishonest-seeming records.”

“Martin, is there anyway all this shifting of money about, taking loans, losing money could be thought to benefit Moxie?”

“I don’t know.”

“I mean, isn’t it pretty clear from the papers she’s the victim here?”

Martin Satterlee thought a short moment. “The presumption is, Fletch, that when a person goes in for sharp practices, he is doing so with some idea of personal benefit in mind.”

“But, Marty, everything’s such a mess!”

“People who go in for sharp practices usually make a mess. They usually lose. Losing, Fletch, is no evidence of virtue.”

“Oh.”

“I must also point out to you—seeing you sought my advice—the very real possibility that your friend, Moxie Mooney, is lying to you from start to finish.”

“She’d have to be a pretty good liar.”

“Isn’t that what an actor is—a pretty good liar?”

“Come on, Marty.”

“Consider it as a very real possibility, Fletch. I’m not sitting in judgment of your friend. Sooner or later