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Rackham Capital Investments is an investment company owned by billionaire Zachary Rackham and based within the Federation. It is the sponsor of the annual Rackham Ultratech Expo.[1]

History Edit

Activities in 3304 Edit

On June 20, 3304, Zachary Rackham revealed he had made a large charitable donation to fund the development of new shipyards in the Colonia Region, a move that financial journalist Bryanna Blanco noted coincided with a company-wide audit of Rackham Capital Investments.[2] On August 16, Rackham was announced to be the winner of the Federal Grand Lottery's one billion credit Galactic Jackpot; while Rackham insisted the money would be distributed to several charities, Bryanna Blanco claimed that it would likely be used to pay of Rackham Capital Investments' massive unpaid tax bill.[3]

Rackham Capital Investments began providing funding for Herculean Machines to produce the Duradrive personal computer following the device's successful debut at the Rackham Ultratech Expo on October 3, 3304. By October 12, Herculean Machines began mass production of the Duradrive.[4]

On October 18, 3304, the personal account of Zachary Rackham was hacked by an organization calling itself the Collective. One billion credits were withdrawn and redistributed to several hundred former Rackham Capital Investments employees who had been previously denied company pensions. Financial journalist Bryanna Blanco of the Federal Times commented that the hack's purpose was apparently to reclaim the one billion credit prize that Rackham obtained from the Federal Grand Lottery in August.[5]

Executive power struggle Edit

On March 15, 3305, Rackham Capital Investments' board of directors appointed Taja Gavaris as CFO, replacing the late Aaron Salazar, who had been a personal friend of Zachary Rackham. Rackham himself was not present for the vote, as he had taken a leave of absence to grieve for Salazar. Insiders speculated that Gavaris' rapid rise was part of a plot by the board of directors to oust Rackham from control of his own company.[6] On March 23, Bryanna Blanco accused Gavaris of being a pirate and rival of Rackham who used her knowledge of Rackham's past illicit activities to rise to the top of the company and eliminate Rackham's allies.[7]

A second Rackham Capital Investments executive, Derrin O'Shea, also died abruptly and was replaced by a supporter of Taja Gavaris on March 29. Although authorities did not rule O'Shea's death as suspicious and also declined to investigate Gavaris and Rackham, Bryanna Blanco asserted that the emerging corporate power struggle resembled two pirate captains vying for dominance.[8]

The Federal Intelligence Agency finally opened an investigation into the executives' deaths and the activities of Rackham Capital Investments on April 4, and the Federal Times agreed to cooperate by sharing their files.[9] However, on April 12, the FIA firmly denied that it was conducting any investigation into RCI, noting that Zachary Rackham was a member of the FIA Civilian Oversight Board in good standing and there was no evidence that RCI was involved in criminal activity. This came as a surprise to Bryanna Blanco, who explained that credentialed FIA agents had come to the Federal Times' offices earlier and retrieved its files on RCI executives.[10]

The RCI power struggle concluded on April 20, 3305, when Taja Gavaris and her loyalists resigned their positions and emigrated from Federal space. They also waived their final salaries and bonuses, which amounted to over 365 million credits. Bryanna Blanco commented that the false FIA agents who had retrieved the Federal Times' files on RCI were likely disguised operatives in Zachary Rackham's employ, and the files were apparently used to blackmail Gavaris and her faction into giving up their play for control of RCI. However, none of this could be proved. The Federal Times also confirmed that it had received a donation of 36.5 million credits from RCI "in recognition of the organisation's dedication to ethical journalism".[11]

ReferencesEdit

  1. GalNet: Computer Firms Promote New Designs
  2. GalNet: Investor Funds Colonia Shipyards
  3. GalNet: Billionaire Wins Lottery
  4. GalNet: Duradrive Enters Production
  5. GalNet: Rackham Hacked
  6. GalNet: Rackham Fatality Creates Power Struggle
  7. GalNet: Pirate History of Taja Gavaris Unveiled
  8. GalNet: Second Fatality in Rackham Conflict
  9. GalNet: Rackham Under Investigation
  10. GalNet: Rackham Investigation Ruled Out
  11. GalNet: Taja Gavaris Resigns as Rackham CFO
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