John Putnam Thatcher, the formidable vice-president of Sloan Guaranty Trust, is torn, grudgingly, from his Wall Street eyrie to search for a stolen $50,000 bearer bond and to track down the puzzling Elliot Patterson, model suburban husband, father and thief. The bond was slated for the coffers of Brunswick College, Patterson's alma mater, and it is to Brunswick that Thatcher goes, where he is sure both bond and Patterson will emerge. Instead, he is confronted by a callous cover-up murder and the alarming knowledge that Patterson is still on the loose. Thatcher becomes deeply enmeshed in grand larceny and murder among the well-heeled alumni of an Ivy League school. However, for all his wry, detached view of the madness inherent in the groves of academe, he never forgets he is after a murderer. In the end, Thatcher has the last word - a conclusion that is stunning for its irony: there are, it seems, some actions that are worse than murder.