A co-operative venture
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A co-operative venture

Hillboot Intergalactic PLC,
Investment Bankers,
Black Hole House, London EC2 thru 14

Dear Mr Goneril: I enjoyed our meeting and was interested in your ideas about the People's Mutual Stores. I can see that, after the building societies and the life offices, "The Mute" could be the one to crack or, as you wittily put it, rip off! It would require innovative techniques, but at Hillboot these are our speciality. As my old chief at Morgan Grenfell used to say: "People say we break the rules, I say we innovate." I look forward to hearing from you. Yours very truly, P M de C BUCKETT

Dear Mr Goneril: Thank you for your formal letter of instruction. I confirm that Hillboot will be pleased to act for you. We shall need more information on the Mute, such as what it owns, and who owns it, so we hope that you can activate your informal contacts. By the way, our own meter will start ticking from tonight, but there should be enough money in this deal for everyone. Yours sincerely, PEREGRINE BUCKETT

PS: Everybody calls me Holey.

Dear Anthony: Many thanks for the documents, they were most helpful.

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