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The banker had recovered himself. The anger had smoothed out of his face, leaving it dignified and blank. “McGraw’s daughter was going out with my son,” he said, smiling a little. “When I learned my boy was dead, had been shot, I just stepped in to see if McGraw knew anything about it. I don’t think he set Peter up.”

McGraw was too angry to play along with Thayer. “The hell you say,” he yelled, his husky voice rising. “Ever since Annie started hanging around with that whey-faced, North Shore pipsqueak, you’ve been coming around here, calling her names, calling me names. Now the kid is dead, you’re trying to smear her! Well, by God you won’t get away with it!”

“All right!” Thayer snapped. “If that’s the way you want to play ball, that’s how we’ll play it. Your daughter-I saw the kind of girl she was the first time I set eyes on her. Peter never had a chance-innocent young kid, high ideals, giving up everything his mother and I had planned for him for the sake of a girl who’d hop into bed with-”

“Watch what names you call my daughter,” McGraw growled.

“I practically begged McGraw here to leash his daughter,” Thayer continued. “I might as well have saved my pride. This type of person doesn’t respond to any human feeling. He and his daughter had earmarked Peter for some kind of setup because he came from a wealthy family. Then, when they couldn’t get any money out of him, they killed him.”

McGraw was turning purple. “Have you shared this theory with the police, Mr. Thayer?” I asked.

“If you have, Thayer, I’ll have your ass in court for slander,” McGraw put in.

“Don’t threaten me, McGraw,” Thayer growled. John Wayne impersonation.

“Have you shared this theory with the police, Mr. Thayer?” I repeated.

He flushed slightly under his careful tan. “No, I didn’t want it blurted all over the newspapers-I didn’t want any of my neighbors to see what the boy was up to.”

I nodded. “But you’re really convinced that Mr. McGraw here-and/or his daughter-set up Peter and had him shot.”

“Yes, I am, damnit!”

“And have you any evidence to support this allegation?” I asked.

“No, he doesn’t, goddamnit!” McGraw yelled. “No one could support such a goddamn asshole statement! Anita was in love with that North Shore snot. I told her that it was a colossal mistake. Get involved with the bosses and you get your ass burned. And now look what’s happened.”

It seemed to me that the bosses had been the ones to get burned in this case, but I didn’t think it would do any good to mention it.

“Did you give Mr. McGraw one of your business cards when you were here before?” I asked Thayer.

“I don’t know,” he said impatiently. “I probably gave one to his secretary when I arrived. Anyway, what business is it of yours?”

I smiled. “I’m a private investigator, Mr. Thayer, and I’m investigating a private matter for Mr. McGraw here. He showed me one of your business cards the other night, and I wondered where he got it.”

McGraw shifted uncomfortably. Thayer stared at him with a look of disbelief. “You showed her one of my cards? Why the hell did you do that? For that matter, why were you talking to a private investigator at all?”

“I had my reasons.” McGraw looked embarrassed, but he also looked mean.

“I bet you did,” Thayer said heavily. He turned to me. “What are you doing for McGraw?”

I shook my head. “My clients pay for privacy.”

“What kinds of things do you investigate?” Thayer asked. “Divorces?”

“Most people think of divorce when they meet a private detective. Frankly divorce is pretty slimy. I do a lot of industrial cases… You know Edward Purcell, the man who used to be chairman of Transicon? ”

Thayer nodded. “I know of him anyway.”

“I did that investigation. He hired me because his board was pressuring him to find out where the disposable assets were going. Unfortunately he didn’t cover his tracks well enough before he hired me.” Purcell’s subsequent suicide and the reorganization of a badly damaged Transicon had been a ten-day wonder in Chicago.

Thayer leaned over me. “In that case, what are you doing for McGraw?” He lacked McGraw’s raw menace, but he, too, was a powerful man, used to intimidating others. The force of his personality was directed at me and I sat up straight to resist it.

“What business is it of yours, Mr. Thayer?”

He gave me the frown that got obedience from his junior trust officers. “If he gave you my card, it’s my business.”

“It didn’t have anything to do with you, Mr. Thayer.”

“That’s right, Thayer,” McGraw growled. “Now get your ass out of my office.”

Thayer turned back to McGraw and I relaxed slightly. “You’re not trying to smear me with any of your dirty business, are you, McGraw?”

“Watch it, Thayer. My name and my operation have been cleared in every court in this country. In Congress too. Don’t give me that crap.”

“Yeah, Congress cleared you. Lucky, wasn’t it, the way Derek Bernstein died right before the Senate hearings began.”

McGraw walked right up to the banker. “You SOB. You get out of here now or I’ll get some people to throw you out in a way that’ll pop your high-and-mighty executive dignity for you.”

“I’m not afraid of your thugs, McGraw; don’t threaten me.”

“Oh, come on,” I snapped. “Both of you are tough as all get out, and you’re both frightening me to pieces. So can you cut out this little-boy stuff? Why do you care so much about it, Mr. Thayer? Mr. McGraw here may have tossed a business card of yours around-but he hasn’t tried to smear your name with his dirty business-if he’s got dirty business. You got something on your conscience that’s making you so upset? Or do you just have to prove you’re the toughest guy in any crowd you’re in?”

“Watch what you say to me, young lady. I’ve got a lot of powerful friends in this city, and they can-”

“That’s what I mean,” I interrupted. “Your powerful friends can take away my license. No doubt. But why do you care?”

He was silent for a minute. Finally he said, “Just be careful what you get into with McGraw here. The courts may have cleared him, but he’s into a lot of ugly business.”

“All right; I’ll be careful.”

He gave me a sour look and left.

McGraw looked at me approvingly. “ You handled him just right, Warshawski.”

I ignored that. “Why did you give me a fake name the other night, McGraw? And why did you give your daughter a different phony one?”

“How’d you find me, anyway?”

“Once I saw the McGraw name, it began stirring in the back of my mind. I remembered you from the night you were shot-it came back to me when Lieutenant Mallory mentioned the Knifegrinders. Why’d you come to me to begin with? You think my dad might help you out the way he did back then?”

“What are you talking about?”

“Oh, can it, McGraw. I was there. You may not remember me-but I remember you. You came in absolutely covered with blood and my dad fixed up your shoulder and got you out of the building. Did you think he’d help you out of whatever trouble you’re in this time, until you found out he was dead? Then what-you found my name in the Yellow Pages and thought maybe I was Tony’s son? Now, why did you use Thayer’s name?”

The fight died down in him a bit. “I wasn’t sure you’d do a job for me if you knew who I was.”

“But why Thayer? Why drag in the senior guy in Chicago’s biggest bank? Why not just call yourself Joe Blow?”

“I don’t know. It was just an impulse, I guess.”

“Impulse? You’re not that dumb. He could sue you for slander or something, dragging his name in like that.”

“Then why the hell did you let him know I’d done it? You’re on my payroll.”