Climbing the Ladder 5 - Reaching New Heights
Copyright© 2026 by Michael Loucks
Chapter 68: You Are a Terrible Son!
Fiction Sex Story: Chapter 68: You Are a Terrible Son! - Jonathan's business life is booming, but he's also suffering from yet another loss. While he's done his best to pick up the pieces of that sundered relationship, he can't help but feel responsible. However, where two close relationships have withered, another blooms. Violet has transitioned from a badly damaged girl to a vibrant woman. Will he continue to climb this ladder, or will there be another ladder to climb in his future? No matter what, the only direction he plans to go is up.
Caution: This Fiction Sex Story contains strong sexual content, including Ma/Fa Workplace
November 22, 1984, Chicago, Illinois
"Have you heard from your grandmother?" Mom asked.
"No. Have you?"
"A card, but I didn't write back at her suggestion."
"The fundamentalist brainwashing is ridiculously effective," I replied, shaking my head. "That said, his actions are consistent with his belief system. I just don't understand how someone can live that way and consider themselves 'good', even if the system is self-consistent. That said, raging hormones appear to be an effective cure!"
Mom, Mitchell, Violet, Bianca, Deanna, and Nicole all laughed, and Chelsea fought not to smile, but I could see it in her eyes.
"You are a terrible son!" Mom declared mirthfully.
I chuckled, "No, I'm an excellent son who is fully aware of how and why he came into existence! Had Bev and I not been lucky, the family would have been three for three in unintended pregnancies! We are three for three in out-of-wedlock pregnancies, and given I don't plan to marry but want to have another child, it'll be four for four!"
"You are a real brat!" Mom declared.
"If that's news to you, Mrs. Kane, you haven't been paying attention!" Bianca declared.
"It's Linda, please! I was simply reaffirming something I've said to my son many, many times!"
"I can confirm that," I said with a grin.
"«¡Mami!»" Sofía exclaimed.
"I believe someone is hungry," I said.
"I'll take her up to the loft," Bianca said.
That was out of the ordinary, but I was sure she was respecting Mitchell's sensibilities. I handed my daughter to her mother, who then went up the stairs to the loft.
"Are you teaching Sofía Spanish?" Mom asked.
"No, but her maternal grandmother, whom we call «Abuela», is. Bianca asked if it was OK for Sofía to use «Mami» and «Papi», and I didn't see any reason to object."
"May I be 'Nana'?" Mom asked.
"I'm OK with that," I said. "Mitchell, what kind of cases do you hear?"
"I was just assigned to felony court," he said. "I'll begin hearing those cases after the first of the year."
"What kind of cases are you hearing now, Judge?" Violet asked.
"Misdemeanors, fines for permit or building code violations, and traffic offenses that rise above the usual speeding tickets."
"May I ask what kind of law you practiced?"
"I was a prosecutor for about twenty years before being appointed to the bench to fill a vacancy just over ten years ago," Mitchell replied.
"Did you become a prosecutor right out of law school?" I asked.
"No. I spent two years in private practice as a generalist, but didn't like it. I applied to the Hamilton County Prosecutor's office and was accepted."
"Where's that?" Violet asked.
"It's the next county over from where I lived," I interjected. "Cincinnati is in Hamilton County; Goshen is in Clermont County."
A timer rang, indicating I needed to take care of some things in the kitchen, and because Bianca was feeding Sofía, Violet assisted me. That was how the rest of the day went, with Bianca helping as well, until 3:30pm, when we served our Thanksgiving feast, which was a mix of traditional American and Mexican dishes.
"This is very good," Mitchell observed about the rice dish Bianca had made. "I can't say I've ever had spicy food on Thanksgiving."
"If you expect anything in this condo to be normal, you're going to be VERY disappointed!" Violet tittered.
"She's not wrong," Deanna declared.
"There was another girl living here, wasn't there?" Mitchell asked. "A blonde?"
"She's in California," I said. "I arranged an internship for her with a major Hollywood director working on a potential blockbuster movie that should be released next year. Because of the shooting schedule, she couldn't fly back for Thanksgiving. She'll be in Hollywood until Spring, except for a week or so at Christmas."
"You can't say the name of the director or the film?"
I shook my head, "No, but the director is a household name. I can tell you once they start advertising. And because it's hush-hush, I can't invest in the studio's stock."
"Insider trading laws?" Mitchell asked.
"Correct. I've had half a dozen situations where I had information I couldn't use without running afoul of securities regulations. Some investors try to skirt the rules or play fast and loose, but I report all of them to Compliance."
"Don't judges know the law?" Chelsea asked.
Mitchell smiled, "Yes, but I'm a judge of the Court of Common Pleas of Clermont County, Ohio, which is a State court. The laws Jonathan and I are discussing are Federal laws. It's also the case that a judge at my level is mainly responsible for ensuring that proper procedures and the rules of evidence are followed, and that the defendant receives a fair trial. It's the prosecutor's responsibility to present evidence showing that the defendant committed a crime, and he presents the case showing the necessary elements as defined by the statute. Interpretation of law generally comes from appeals courts and the State or Federal Supreme Court. The best analogy is that my job is to be a neutral referee to ensure everyone follows the rules."
Everyone enjoyed dinner and dessert, and, over my protests, my mom offered to do the dishes, and I helped by drying and putting them away. That gave us a chance to talk, while the others sat in the conversation pit.
"You seem quite happy," Mom said.
"I am," I replied. "It's taken some time, obviously, but I've mostly come to terms with what happened with Keiko and Bev. Keiko still affects me, and will for the rest of my life."
"I can't imagine how it wouldn't, given how much you loved her," Mom observed. "You've truly sworn off the idea of marrying again?"
"Yes. Keiko is my wife, and I cannot diminish that in any way. When my time comes, I'll be cremated and have a Buddhist ceremony, and be interred with Keiko. I made that promise to her, and I will not betray it in any way. That pretty much precludes marrying again."
"Do you have a mother in mind for your second child?" Mom asked.
I chuckled, "You know the answer to that because she told you! Well, at least indirectly."
"Violet?"
"Yes. She's comfortable with my outlook on life, and with having a child without being married."
"Will she move in?"
"Eventually, but for now, we're trying to avoid causing trouble at work."
"Is there some problem?"
"Only with the attitude towards women," I replied. "Bianca is the only woman who is not a secretary, except for the Head of Personnel and the mailroom supervisor. It's common in the industry, just as it is in banking and law. That leads to, shall we say, bad behavior."
"Ah," Mom observed. "You don't want people to think you're sleeping with your secretary."
"Executive Assistant," I corrected. "I want to differentiate her from the others."
"But..."
I chuckled, "Yes, but I had a relationship with her before she came to work for me. I met her in January 1982; I didn't meet Keiko until a year later, in January 1983. Of course, you know about Violet's history, which, in the end, is how I ended up with Keiko. Let me turn the question — are you happy?"
"Ecstatic! I wish my son and granddaughter lived closer, but otherwise, things are wonderful with Mitchell, and I enjoy my job. I also have true retirement savings because my son is so generous."
"I'll continue to add to it," I said.
"You know you don't have to do that," Mom said. "You should keep your money."
"First, I'm not doing it because I have to, but because I want to. Second, next year, I'll make well over $2.5 million."
"Oh my gosh! You're joking!"
"No joke, Mom."
"That's unfathomable!"
"And yet, it's true."
"I don't even know what to say! I knew you were successful, but how can one person make so much money?"
"By making fifty times that, at least, for my clients. I'm only the third-highest paid at Spurgeon."
"What will you do with all that money?"
"Enjoy it! Most of it will be invested, but I plan to take an around-the-world trip in a few years, and remember, I have a huge mortgage on the condo as well as the apartment buildings and the house I own."
"Do you realize you'll make more in three months than I've made in my entire life?"
"Yes, though what you made before 1971 isn't really comparable to what you made from then until now."
"1971?"
"Nixon taking the US off the gold standard is what caused the economic mess of the 70s, which led to price increases and even higher interest rates. But I suspect you don't want an economics lesson!"
"I find it fascinating how much you've learned, especially given your approach to High School."
"That was less about a distaste for education and more about focusing on work, and on finding a place to get my foot in the door."
"Will you do this forever?"
"No, because at some point, I'll die."
Mom rolled her eyes, "You know what I meant!"
"I figure mid-forties is the time to think about finding something else to do, but what that might be, I have no idea. Ask me again around 2005."
"That's so strange to say! The year 2000 seems like so far in the future, but it's only fifteen years away."
We finished the dishes, then rejoined the others. Mom and Mitchell stayed until about 9:00pm, then left with Violet to return to her house. After they left, I read for a bit, then watched CNN. When it was time for bed, I elected to decline any company, though Misty was not to be denied, and followed me up to my room.
November 24, 1984, Chicago, Illinois
Friday had been extremely quiet at work because more than half the desks had only skeleton crews, and I had allowed the Research team to leave as soon as the market closed. Because of holiday commitments, the gang hadn't gone out, and Violet and I had spent a quiet evening at the condo with my mom and Mitchell.
On Saturday morning, Bianca had a question about something that had more or less slipped my mind.
"Where are we setting up the tree?" she asked.
"There are really only two places – either side of the dining room table. I'd say the best option is at the far end of the open area because that way it doesn't block the pool table, which gets quite a bit of use on Sundays."
"It's in storage, right?"
"No, the pool table is right there!" I said with a grin.
Bianca rolled her eyes, "THE TREE!"
"Yes," I chuckled.
"Then, unless you object, I'll get it, and the ornaments, and set it up today."
"No objections."
I dropped Violet at her house, then drove to Lou Mitchell's, where I was meeting Kayleigh for breakfast. I parked about two blocks away, and when I walked in, she was waiting by the hostess stand. She had a gym bag with her, which I was positive indicated she planned to spend the night.
"Hi!" she exclaimed, and we exchanged a quick hug.
"Were you waiting long?" I asked.
"Less than a minute," she replied.
The hostess seated us, and the waitress offered us coffee, which we both accepted. We looked over the menus and placed our orders right away.
"How is California?" I asked.
"Great! Though it can get chilly in the Bay Area; it's not like San Diego or LA. How are things here?"
"Work is good, Sofía is growing like a weed, and otherwise things are going really well."
"My grandfather says your returns are almost four times the market returns."
"This year. Next year is expected to be tougher, as we anticipate the market will deliver returns in the 25% to 30% range. The chances of my returning 60%, or even 50%, are pretty slim. I'm confident I can beat the market by enough to cover our management fee and cut of the gains, but doubling the market will be tough, and quadrupling it impossible."
"Will you let me buy in once I start working?"
"Absolutely! It'll be friends and family status at first, until you meet the minimum. That means you are only charged one and ten instead of two and twenty."
"How does that work?"
I thought I had explained it to her, but I wasn't sure, so I went over the fee structure.
"What if you were to lose money?"
"The management fee is collected no matter what," I replied. "That said, if I were to lose money over the course of a year, that would be a strong sign I needed to find something else to do. Hedge strategies and derivative investments can be used to eliminate much of the downside risk. If there's a general market pullback, there are strategies to capitalize on it.
"It's also the case that I keep a base of Treasury Securities in my portfolio, and those are still returning over 11%. The average investor who puts their money in a mutual fund that tracks one of the indices would have been better off putting it all in US Treasuries or mortgage-backed securities, such as Ginnie Maes.
"Both of those are backed by the US government, so are safe, and both seriously outperformed the stock market. That is unlikely to be true next year. That said, there is room in a diversified portfolio for a mix of Certificates of Deposit, Treasury Securities, and high-grade bonds, in addition to stocks."
"I'll ask for advice in about five years!" Kayleigh declared. "Has anything changed?"
I shook my head, "Relationship-wise? No. I'm still playing the field, as it were."
"You can play in my field anytime!" Kayleigh declared impishly.
"What else did you want to do today?" I asked just as the waitress brought our breakfasts.
"It's a bit too chilly to do anything outdoors," Kayleigh said. "Maybe we could go to one of the malls and get some ideas for Christmas gifts? I'd like to do it now, so I don't have to rush when I come home at Christmas."
"That works for me," I said. "Old Orchard?"
"That sounds good. Do you have your car close, or do we have to go to the Hancock Center?"
"I'm parked about two blocks away," I replied. "Given you raised the topic of playing in your field, did you intend to spend the night?"
"Unless there's some reason you don't want me to."
"Not at all. My mom and her husband might be at the condo when we get there."
"Am I taking time away from her?"
I chuckled, "I am routinely kicked to the curb for a cute seven-month-old!"
"I think that's normal for grandmothers."
"It is, and I did get to spend time with my mom for Thanksgiving, and then again last night, so no problem there. I was just letting you know that she'll likely be aware of what we intend to do."
"If that's not a problem for you, it's not one for me."
"Not for me! I tease my mom about how I came into the world all the time! On a different topic, how is your roommate?"
"She's OK. She's from Texas, and, well, they think differently there! Two really great Senior girls live down the hall, and we hang out with them a bit. They're like your guy friends you hang out with."
"You mean the Boys?" I asked.
"Yes. Jennifer and Josie are lesbians."
"I bet it's easier to be out in California than it is here."
"By a long shot."
"Supposedly, they're moving here when they graduate. Jennifer is from Seattle, but she moved there from Milford, Ohio."
"Talk about a small world! That's not far from where I'm from. What majors?"
"Electrical engineering and civil engineering."
"Basically opposite of you! Engineering versus humanities."
"Pretty much, though, I could have any undergraduate degree and get into law school. Have you considered getting an advanced degree in finance or something similar?"
"I haven't given that much thought. I plan to seek accreditation as a Chartered Financial Analyst, which is one of the more difficult, if not the most difficult, accreditations. It basically declares you to be an expert in the field and requires upholding the absolute highest ethical standards, to the point where you have to assert that each year. It's a series of three challenging exams, requires 4000 hours of work in the field, and a minimum of two character references."
"You already have several licenses, right?"
"Yes. Series 3, Series 7, and Series 30; they allow me to sell anything except insurance and real estate. The Series 30, or Branch Manager's license, allows me to supervise other licensed professionals. The accreditation would mainly be symbolic, but it would be a very important message to anyone and everyone that I play by the rules."
"People think you don't?"
"When you consistently beat the market, many people suspect you're cheating, and the government assumes you are. There are no shortcuts and no blurring of the line. It's OK to come right up to the line, but even a smudge could land you in serious hot water. Unfortunately, too many guys smudge, or even cross, the line, which is why we have clear, unambiguous regulations. History has shown just how necessary those are."
"I thought most people in your position objected to regulations."
"I'm as much a Democrat as your grandfather," I said with a smile. "An ordered society needs rules and a safety net. No matter how much of a capitalist you are, or how much you believe in free markets, you need rules and regulations to create an orderly market. The rules can be imposed by governments or self-imposed, such as those made by the National Association of Securities Dealers or the various stock, commodities, and futures exchanges. Claims to the contrary notwithstanding, pure laissez-faire capitalism and unregulated free markets do not work."
"You like the rules and regulations?"
"For the most part, they're about not cheating my clients or my counterparties. I wouldn't do that anyway, so those rules don't interfere with my ability to do my job. Sure, I have to refrain from making potentially lucrative trades on occasion, but it's not as if there aren't plenty of opportunities to make money if you understand the market."
"What kind of trades can't you make?"
"Ones where I have material, inside information, for example. A perfect example is what I know about CeCi's internship and the movie they're making. I cannot invest in the studio before there's a public announcement, despite believing it will have a positive effect on their stock. In some cases, there are other ways to source the information to make it legal, but not in this case. The same was true for knowing something internal about a bank that could have made me millions."
To read the complete story you need to be logged in:
Log In or
Register for a Free account
(Why register?)
* Allows you 3 stories to read in 24 hours.