Chicago. Pete ""The Persuader"" Kalmisky, former bodyguard of Al Capone, accompanied by Syndicate business manager Alan Sitkin, have a meeting with Joey December, president of the debt-ridden Great Lakes Pacific Railroad. They form a crooked alliance; Joey agrees to transport their illegal liquor on his trains, in exchange for ""20% off the top."" After Kalmisky leaves, Sitkin talks privately with Joey. Sitkin gives Joey $100,000 for 10,000 shares of Canada Central stock, now worth $10 a share;