Another thousand. He already owed three thousand. Once he had made double that in a year, but six months ago the sugar market collapsed, taking Miguel’s fortune with it. And then-well, one mistake after another. He wanted to be like the Dutch, who regarded bankruptcy as no shame. He tried to tell himself it did not matter, it was only a little while longer until he undid the damage, but believing that tale required an increasing effort. How long, he wondered, until his wide and boyish face turned pinched? How long until his eyes lost the eager sparkle of a merchant and took on the desperate, hollow gaze of a gambler? He vowed it would not happen to him. He would not become one of those lost souls, the ghosts who haunted the Exchange, living from one reckoning day to the next, toiling to secure just enough profit to keep their accounts afloat for one more month when surely all would be made easy.

Now, with unknown fingers wrapped around his arm, Miguel turned and saw a neatly dressed Dutchman of the middling ranks, hardly more than twenty years of age. He was a muscular wide-shouldered fellow with blond hair and a face almost more pretty than handsome, though his drooping mustache added a masculine flair.

Hendrick. No family name that anyone had ever heard. Geertruid Damhuis’s fellow.

“Greetings, Jew Man,” he said, still holding on to Miguel’s arm. “I hope all goes well for you this afternoon.”

“Things always go well with me,” he answered, as he twisted his neck to see if any prattling troublemaker might lurk behind him. The Ma’amad, the ruling council among the Portuguese Jews, forbade congress between Jews and “inappropriate” gentiles, and while this designation could prove treacherously ambiguous, no one could mistake Hendrick, in his yellow jerkin and red breeches, for anything appropriate.



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