Venus in copper

'Oh I can't remember.'

'Marcus, you're useless!'

'I reckon she's genuine. Isn't this dutiful Penelope act more likely to mean she's i

'Sitting at a loom quietly,' Maia rebuked me, 'gives her plenty of time to scheme and plot!'

'Traditional life of a decent Roman matron. Augustus always insisted that the women of his household wove all his clothes at home.'

Helena laughed. 'And his female relations all ended up a byword for debauchery!' She gazed at me, considering. 'Are scratchy homespun tunics what you want?'

'Wouldn't dream of it.' I wouldn't dare!

'Good! Tell us about all these trips to the library. What is she studying?'

'Geography.'

'That's harmless-apparently,' Helena agreed, though she and Maia exchanged another silly glance. 'Perhaps she is searching for a pleasant province where she can go into voluntary exile with her ill-gotten loot!'

'Doubt it. The only scroll I noticed had some references to Mauretania. Who wants to retire to a desert, overrun by plagues of elephants?'

'If she had taken out three volumes on taming parrots,' Maia giggled, 'there might be some point. Are you attracted to this female?'

Helena was scrutinising me out of the corner of one eye, so to cause trouble I said, 'She's not bad, if you like redheads!'

Maia told me I was disgusting; then she instructed Helena Justina to take me (and my parrot) home.

Not long after we reached the apartment I discovered that my sister had taught the parrot to squawk, 'Ooh! Marcus has been a naughty boy!'

XLVIII

Next morning, while I was making fruitless attempts to track down Appius Priscillus at one or other of his fancy bivouacs, Helena Justina bought a parrot cage and later took two messages.

'You had a visit from a slave, who refused to leave his name-though he must be the runabout from the Hortensius house.'

'They owe me a packet.'

'He brought that. I counted and wrote a receipt for it. Am I going to keep your accounts for you?'

A cold sweat struck me, faced by aspects of togetherness I had never allowed for. 'Certainly not! My brains and my body are at your disposal, but a man needs some privacy...'

'We'll see!' Helena look unimpressed. 'The runabout has found someone who can help you; he will bring her tomorrow morning. Can you be here? She works in the kitchen so it has to be early. Also the cook's funeral will be on Thursday, if you want to go.'

'Yes; I owe Viridovix a respectful gesture.'

'I said I thought you would. The other message was from Petronius Longus; he wants to see you urgently.'

Petronius was working, so I found him on the Aventine. He took time out from policing the Emporium to snatch a glass of wine with me. I told him about my morning chasing around the Priscillus properties and being shown the door at all of them. 'Apparently he was out shopping for Alban holiday retreats. If he can't decide which location he wants, he'll just buy them all...'

'Priscillus was why I wanted to see you.' Petro gave me one of his sombre looks. He swilled the wine round his gums, as a sign that it tasted like toothpowder. 'Falco, what muleshit are you stepping in? Everyone I asked about this mogul reckons he's about as safe to deal with as a bucket of snakes. And come to that,' added Petro, with relish, 'your Hortensius brothers-or whatever they are-have little more to recommend them!'

'What's the dirt?'

'Start with Priscillus. The story is pretty sordid. He first surfaced on a big scale during the clearances after the Great Fire. He was "doing the public a service" preying on the dispossessed tenants Nero had kicked out to make space for the Golden House. Priscillus moved in on them, with his greedy eyes fixed on compensation claims -'

'I thought "compensation" was a bad joke?'

'Is this Rome? What actually happened was that Nero removed the corpses and the rubble free of charge-though that was a ploy so he could pick over the debris and grab anything left to loot. The Fire Relief Fund, to which we citizens all contributed so graciously-'Petro meant, it was screwed out of us by the taxfarmers, '-went no further than the Emperor's own coffers. Thousands were left homeless and absolutely desperate. So firstly there were good pickings for contractors providing temporary shelters outside the city. Then racketeers were able to make their piles building cheap slums for the refugees who had salvaged anything, and even cheaper billets for the ones who had nothing left. They cleaned up: as soon as the refugees were settled in, the rents soared. Once the costs bit, cynical Priscillus moved in again-this time as a loan shark.'

Most of Rome lives on credit. Everyone from temple-cleaner to consul tends to be in debt for most of their lives. People at the upper end of society can juggle their mortgages; the less fortunate spiral down under the burden of five per cent interest into selling their sons as gladiators and their daughters as cheap brothel fare.

'What about the Hortensius triumvirate, Petro? Is their operation similar?'

'Yes, though slightly cleaner. Their interest appear more diversified -'

I mentioned what the cakeman had told me about Pollia's venture into fitting out corn ships. 'Looks as if Novus believed in a well-balanced portfolio: mercantile fiddles nicely balanced against landlease fraud!'

'Their business style is less brutal than the one Priscillus adopts. As landlords they seem to be merely bad managers. Why should they care if their tenants can see daylight through the walls?'

'Almost as friendly as Smaractus!' I joked.

'Not fu

'And rebuilt at a profit?'

'Oh yes!' Petro confirmed with a delicate lift of both wrists. 'But their main method of raising finance is the multiple-pledge fiddle.'

'What's that?'

'You still in the cradle, Falco?' Petronius seemed unable to believe I was serious. He was more alert to fraud than me; as a salaried officer he sometimes had cash to invest. Sometimes he lost it-but not as often as most people; he had a ca

'I'm not stupid ... So what does it mean?'

'It means a fiddle, Falco!'

'I have heard the word, or read it somewhere; isn't it just the term lawyers use for a pledge, when the pledge is on property? How can a fiddle operate?'

'What happens is: the Hortensii own a piece of property, and raise a loan secured on it. Then they repeat the process-same property but a new lender; and again, as many times as possible. They pick simple-minded investors who don't know-or don't enquire-that there are previous secured debts.'

'So they mortgage the building, to its full value, as often as they can?'

'Insight is penetrating that drunken little brain! Next, as you'll guess, the Hortensii default. Of course they lose the original property, but they don't mind that! They have raised its value several times over in loans.'

'But what about their creditors, Petro? Can't they sue?'

'Paid off in strict order of precedence; earliest contract date first. One or two will recoup when the building is sold; but once its selling price is covered, the rest have no claim.'

'What? No protection at all?'

'They should protect themselves by checking first! If not; hard luck. It's fraud which relies on punters' laziness.' Petro sounded unsympathetic. Like me, he was a man who took trouble over things. 'I had all this from a Syrian financier. Normally he just shakes his greasy ringlets and I can't get a word out of him, but this Priscillus is so notorious everyone in the Forum would like to see his operations limited. My contact told me about the Hortensii out of sheer spite at their success with the duplicate loans charade. None of the professional moneylenders touch it-but there are always fools in the private market who can be intrigued by clever talk of quick percentages. The regular dealers are grousing that the Hortensii are pinching all the spare collateral, while Priscillus, with his brutal methods, is making everybody nervous on the fringe.'