Once it was all set in motion, the Empire had no choice but to fulfill its obligations and see the plans through. Territories fell one-by-one as the Empire annexed its way into the Eastern Mediterranean and then further into the Aegean Sea. What had merely been a line item on a checklist became the checklist in its entirety. Tens of thousands were killed, tens of thousands were injured, tens of thousands were displaced, and the shape of the Eastern Mediterranean was forever changed when the Layartebian flag was hoisted high over Cyprus, Gaza, and the Sinai.
Prologue
‹‹ The Suez Canal ››
Before it happened we'd have never thought of it
but when it happened it was all we thought about...
Sunday, July 16, 1989 | 22:30 hrs [UTC-3]
North Atlantic Ocean | 40 miles northeast of St John's
47° 52' 39" N, 52° 0' 2" W
Air Layarteb Flight 836 was riding smoothly as it left the Gander Domestic FIR and entered the Gander Ocean FIR. Cruising at 33,000 feet, the Boeing 747-121 was moving at 621 miles per hour and two hours into its ten-hour flight from Layarteb City IAP to Cairo IAP. The flight had departed on time at 18:30 and it was scheduled to put in at 10:30 local time in Cairo the following morning, Monday, July 17. The flight wasn't a full flight, there being only one hundred and ninety-nine passengers aboard with a crew of nineteen. Presently aboard the aircraft, stewardesses were tending to the dinner meal of the flight. Passengers in coach would receive their meals at their seats while those in first-class had the option to ascend to the aircraft's upper deck and eat in the lounge, a perk for paying the much more expensive fare to fly in the front of the aircraft in luxurious seating. For such a long flight, coach was not necessarily uncomfortable but first-class was the next best thing to one's own bed.
Occupying one of the four-person tables in this upper-deck lounge were four men dressed in casual, business attire. They'd dispensed with the suit and the tie for the long flight but they still wore cuffed slacks and button-down shirts with expensive cufflinks peeking out from beneath their sports coats. They ranged in age from forty-seven to fifty-four and all of them had a drink in their hand. Two wore glasses and they all had graying hair except one who was bald. They spoke like colleagues but laughed like old friends. A stewardess in a short green and white dress paired with sheer, nude pantyhose and shiny, black heels had only just refilled their drinks from a bottle of 18-year-old scotch.
Those four men were David Ferrari, Bobbie Harris, Todd Low, and Luis Walker and they were flying to Egypt on business though Cairo was not their final destination, Port Said was. These four men were high-level executives with Manchurian Global, a global conglomerate based in Layarteb City that held billions upon billions of shingrots in assets and equity. Their net profit for this fiscal year alone would be the highest of the decade, even factoring in inflation. The company was publically traded and that meant reporting its fiscal earnings every quarter but investors were rarely let down by such a vast and powerful conglomerate that had its hands in a little bit of everything. It had been founded in 1919 and it was one of the few mega-corporations to survive the Layartebian Revolution without being broken up after antitrust suits. How Manchurian Global survived was something of a mystery, especially considering the level of corruption it had engineered within the days of the Republic. A lot had changed when the Emperor came to power and Manchurian Global had taken a hit - a few hits actually - but it survived and survived well enough to keep turning profits year over year.
The conglomerate was headed by Ferrari who held the titles chairman of the board and CEO. Low was the CFO, and he and Ferrari were two of five board members of Manchurian Global. Harris and Walker were both executive vice presidents, Harris of the canal operations division and Walker of the infrastructure division. Together, the four of them represented a considerable base of power within Manchurian Global. The conglomerate owned a 4.5% stake in the Panama Canal through a series of investments and buyouts and it owned a 30.8% stake in the Suez Canal. The infrastructure division was one of the most profitable divisions in the company behind its energy solutions division, which was presently making money hand over foot building power plants and upgrading the Empire's power grid.
The reason these four men were bound for Cairo had to do with the Suez Canal. The fiscal year had only just ended less than two weeks prior and they were heading to Port Said for the quarterly board meeting. Manchurian Global had invested in the Suez Canal Company in 1972 as a way to rid itself of some excess cash and acquire a major stake in a major waterway. As an entity, Manchurian Global held more board seats than any other entity but it was hardly a controlled stake. At the time, the Republic of the Sinai was under the leadership of President Farouk Al-Banna who, unlike his predecessor, wasn't so concerned with a foreign entity having such a sizeable stake in a national asset. Al-Banna was more concerned with his slush fund, his cocaine parties, and his philandering and Manchurian Global had seen to it that, via intermediaries, a sizeable allotment of money had found its way into Al-Banna's slush fund, §20 million to be precise.
The history of the Republic of the Sinai, the Suez Canal Company, and Manchurian Global were not initially intertwined but through the way time works, it became so. Todd Low, who had more of the history down was explaining this to his colleagues as their meals arrived, carried by the stewardess named Amanda who captivated many dirty thoughts in each of these four men. They were hardly exclusive in this department and Amanda found herself warding off subtle advances from a fellow stewardess who was two years her junior and relentless in her pursuit of Amanda.
"So as I was saying," Low continued as he picked up the peppershaker and dropped a light amount on his potatoes, "the Republic of the Sinai was founded on August 28, 1945 when Ismail Nagi, an army general, led a coup. The country's borders haven't changed since then, the entirety of the Sinai Peninsula, the Suez Canal and its banks, and Port Said. Nagi was a dictator in every sense of the word and a fervent nationalist too. The thing he hated the most was foreign influence over his country, especially the Suez Canal. At the time, his biggest target was the Empire of Britannia, which had always had two seats on the board."
"That's not much considering there's thirteen," answered Harris as Low put down the peppershaker and began to cut into his pork chop. Despite being airplane food, it was juicy and tender, remarkable considering.
"Back then there were only five seats," Ferrari answered, "so they had two-fifths of the board. The family had two seats and Ostafrikanische Gesellschaft had the fifth. They acquired theirs in 1942 as part of a trade deal with the family."
"Who was the family members?"
"Arnold Ross, Lewis' father and his uncle, Peter Tilney," Low answered. "Nagi hated them. About two months after he took power, he gave this big speech about foreign influence and corruption in the region, specifically targeting the British. He threatened, openly, to nationalize the canal. Naturally this scared the shit out of the board so what do they do? They vote to appease Nagi but appeasement was just showing their weakness and Arnold was hardly weak.
"On November 5, 1945, they voted to increase the board to six members, giving a seat to the Sinai government. To Nagi, this meant three seats were held by foreigners and three, technically, by locals since the family lived in Port Said and were subject to the country's rules and laws. He took it but he wanted more."
"What dictator doesn't?" Walker asked rhetorically to nods from the other three.
"Following year, Nagi took this appeasement and struck again by beginning some reforms intended to exert more influence on the SCC. He was very patient, something you just don't see in dictators anymore. He knew that he could seize it overnight but he also knew he could bring the SCC to its knees slowly and that was his intention. On January 6, 1947, he struck big when he signed a law into effect requiring government oversight on canal maintenance."
"That's why that law exists," Ferrari said matter-of-factly.
"Precisely why it exists and SCC had no choice but to accept it; worst move they made! What happened? Five months later, the Sinai government slams the SCC with a laundry list of fines and code violations. They rewrote the code just to make sure the Suez Canal wasn't compliant. Nagi gave them two choices: they could pay the fines and fix the problems or be nationalized. So they ponied up for the fines and made the corrections. Contractors overcharged big time just because the SCC had no choice and a tight timeline.
"The fiscal year ends and suddenly SCC is in the red big time. This was Nagi's intention all along. The SCC played right into Nagi's hands and here we are, July 1948, and they're struggling. They have two options now, borrow or dramatically raise the toll price. Well, Nagi puts his foot down on the latter so they're forced to borrow from the Bank of the Sinai only the bank offers not a loan but an investment. Guess who set up that deal?" Low smiled because everyone knew it was Nagi. "It's a sour deal and the bank gets a seat on the board, which means now there's four domestic and three foreign members. This pleases Nagi and he holds back on his assault.
"He's won really. He can influence Ross and Tilney, the bank is in his pocket, and the government representative might as well be him. OAG and the British can vote no on everything and still lose, in effect rendering their positions worthless. Well, push comes to shove and the SCC gets back in the black and stays there. Code enforcement inspectors are easily bribed and much more lenient now that Nagi has his way though he continues to remind the board that he's really the one with the power. He's subtle, a fine here, a law there, a speech then, and something else now, you know how dictators work."
"Nothing really changed dramatically until 1956," Ferrari said, taking over to allow Low to eat more of his food. He'd been eating in between sentences thus far and his food was growing somewhat cold. "On August 6, Arnold Ross died unexpectedly leaving his 24-year-old son his seat. That was Lewis only Lewis didn't really care much for the SCC back then. He was a young bachelor, just graduated college, and his uncle saw an opportunity. So Tilney tells Lewis that he'll do all of the legwork and keep the company together. Lewis only has to show his face and come to meetings to vote. His uncle will tell him how to vote and he'll get a sizeable salary. Lewis says 'Sure' and goes on his merry way. He's partying, screwing every woman who'll let him, and pleasuring himself up on the rich lifestyle. Big mistake though," Ferrari said, pausing.
"In 1962," Ferrari continued, "Nagi saw another opportunity. Lewis was still living the wealthy life and largely inattentive to the SCC. So what does Nagi do? He cooks up a big infrastructure project for the Republic of the Sinai. It's really poorly planned and just a sham but on the outside it looks good. Investors are rushing to get a piece of it if just to be known for helping modernize the country and 'bring water to the desert.' Summit Capital goes further and agrees with Nagi to invest in the SCC and in the Sinai. It's one big lie and Summit Capital pays big bucks for their two seats and they've been stuck with them ever since. You know they still haven't had a return on their investment?"
"Impressive," Walker answered, "Nagi really sounds like a genius."
"Genius is right," Low said, returning to the conversation. "Nagi had a lot of dirt on Tilney and he was just waiting for the right time. By bringing in Summit Capital, he was looking to maneuver the family out of the decision-making process. Well he got that in 1964.
"Just before the end of the fiscal year in June 1964, Nagi leaks to the press all of the dirt he has on Peter Tilney. Basically, the long story short is Tilney was embezzling money from the SCC and milking Lewis out of plenty of money. Tilney was six months away from retiring and taking his money to Cyprus to live out his days. He was arrested and thrown in jail that day. The charges were pretty serious and Nagi gave a speech accusing foreign influence for corruption Tilney though he never explicitly named a country. He kept it vague.
"Push comes to shove; Tilney works out a deal with Nagi. The government dropped the charges and let him leave the country with his money. All he had to do was give up his seat to the Bank of the Sinai and voila, the bank gets a second seat and the family only has one. Now, Nagi has direct control over five of the nine seats. He's essentially cut out the family, OAG, and the British. Unfortunately, for Lewis, this was a reality shock and suddenly he had to come back and run his company. Tilney embezzled a lot of money but the bank covered it with another investment piece."
"Nagi was maneuvering himself all too well," said Ferrari. "Then it all changes when the man has a heart attack in his sleep on September 28, 1968. He was in power for twenty-three years and the people loved him. The entire region was truly at a loss and the funeral was massive, we're talking millions upon millions of people, many of them foreigners just come to see it. That's when Al-Banna took over and Nagi is rolling in his grave over Al-Banna, if just because Al-Banna is more like Lewis was in his 20s than what a leader ought to be."
"Then we entered the picture four years later. We were sitting on some sizeable cash reserves and a potentially big tax bill so we invested it in the SCC, a whopping 31% and we got our four board seats. The tax bill was obviously deferred, no more of those loopholes," Ferrari said half-jokingly.
The four men finished their meals and Amanda came to take their plates and refill their glasses. They would stay up for another two hours before returning to their seats to get some sleep. They would have a busy Monday ahead of them. They would land at Cairo, collect their suitcases for each only had a carry-on and a garment bag, and take a chopper to Port Said. Once in Port Said, they would go to their hotel to freshen up and at 16:00 they would be at the Suez Canal Company Headquarters for the quarterly board meeting. Ferrari and Low knew just how serious this meeting would be and while Harris and Walker had inclinations, Low and Ferrari had schemed ahead of time and would only be bringing Harris and Walker into the plan once the time was necessary.