Friday Morning

Friday Morning

August 20, 1993
Friday
11:00 AM

Friday morning I met with Vadim at the Terem. Over a cup of espresso we came up with a scheme for working together: those wanting cash rubles would wire non-cash funds to Vadim’s account. They’d get their cash a day after the money hit the account. Vadim handled the paperwork side. Cash was my responsibility, so I had to organize its delivery to Kalyazinsky. The fund’s cut — seven percent, the rest went to Vadim.

I headed over to VychMekh and the first thing I did was make Fedotych’s day with the news that he now had a chance to eat for free at a proper restaurant. Laid out the price of that meal ticket: escorting a sealed bag to Kalyazinsky alongside a police officer.

 

I conferred with Marina and changed the composition of the mobile group. I raised the number going out to Kalyazinsky to three, so as not to have to seal the bag or fuss with documents. Lena would personally hand the money to Vadim in exchange for a debt obligation for the sum issued. Lena would turn the obligations over to Marina, who was instructed to compose some sort of contract about something or other, not yet thought up. It gave us a theme for brainstorming. That is how I learned a lot of new words: acceptance, annuity, notice of cession and so on...

Notes

Acceptance, Annuity, Notice of Assignment

A glossary of the financial and legal terms Roman is suddenly cramming — mapped, term by term, onto exactly who owes what to whom in the fund's makeshift cash-conversion pipeline.