“Remember that she couldn’t have left the island,” Vanger said. “Here on Hedeby Island you could die in an accident just like anywhere else. You could be struck by lightning-but there was no thunderstorm that day. You could be trampled to death by a horse, fall down a well, or tumble into a rock crevice. There are no doubt hundreds of ways to fall victim to an accident here. I’ve thought of most of them.”

He held up three fingers.

“There’s just one catch, and this also applies to the third possibility-that the girl, contrary to every indication, took her own life. Her body must be somewhere in this limited area.”

Vanger slammed his fist down on the map.

“In the days after she disappeared, we searched everywhere, crisscrossing the island. The men waded through every ditch, scoured every patch of field, cliff, and uprooted tree. We went through every building, chimney, well, barn, and hidden garret.”

The old man looked away from Blomkvist and stared into the darkness outside the window. His voice grew lower and more intimate.

“The whole autumn I looked for her, even after the search parties stopped and people had given up. When I wasn’t tending to my work I began going for walks back and forth across the island. Winter came on and we still hadn’t found a trace of her. In the spring I kept on looking until I realised how preposterous my search was. When summer came I hired three experienced woodsmen who did the entire search over again with dogs. They combed every square foot of the island. By that time I had begun to think that someone must have killed her. So they also searched for a grave. They worked at it for three months. We found not the slightest vestige of the girl. It was as if she had dissolved into thin air.”

“I can think of a number of possibilities,” Blomkvist ventured.

“Let’s hear them.”

“She could have drowned, accidentally or on purpose. This is an island, and water can hide most things.”

“True, but the probability isn’t great. Consider the following: if Harriet met with an accident and drowned, logically it must have occurred somewhere in the immediate vicinity of the village. Remember that the excitement on the bridge was the most sensational thing that had happened here on Hedeby Island in several decades. It was not a time when a sixteen-year-old girl with a normal sense of curiosity would decide to go for a walk to the other side of the island.

“But more important,” he said, “there’s not much of a current here, and the winds at that time of year were out of the north or northeast. If anything falls into the water, it comes up somewhere along the beach on the mainland, and over there it’s built up almost everywhere. Don’t think that we didn’t consider this. We dragged almost all the spots where she could conceivably have gone down to the water. I also hired young men from a scuba-diving club here in Hedestad. They spent the rest of the season combing the bottom of the sound and along the beaches…I’m convinced she’s not in the water; if she had been we would have found her.”

“But could she not have met with an accident somewhere else? The bridge was blocked, of course, but it’s a short distance over to the mainland. She could have swum or rowed across.”

“It was late September and the water was so cold that Harriet would hardly have set off to go swimming in the midst of all the commotion. But if she suddenly got the idea to swim to the mainland, she would have been seen and drawn a lot of attention. There were dozens of eyes on the bridge, and on the mainland side there were two or three hundred people along the water watching the scene.”

“A rowing boat?”

“No. That day there were precisely thirteen boats on Hedeby Island. Most of the pleasure boats were already in storage on land. Down in the small-boat harbour by the summer cabins there were two Pettersson boats in the water. There were seven eka rowing boats, of which five were pulled up on shore. Below the parsonage one rowing boat was on shore and one in the water. By Östergården there was a rowing boat and a motorboat. All these boats were checked and were exactly where they were supposed to be. If she had rowed across and run away, she would have had to leave the boat on the other side.”

Vanger held up four fingers.

“So there’s only one reasonable possibility left, namely that Harriet disappeared against her will. Someone killed her and got rid of the body.”

Lisbeth Salander spent Christmas morning reading Mikael Blomkvist’s controversial book about financial journalism, The Knights Templar: A Cautionary Tale for Financial Reporters. The cover had a trendy design by Christer Malm featuring a photograph of the Stockholm Stock Exchange. Malm had worked in PhotoShop, and it took a moment to notice that the building was floating in air. It was a dramatic cover with which to set the tone for what was to come.

Salander could see that Blomkvist was a fine writer. The book was set out in a straightforward and engaging way, and even people with no insight into the labyrinth of financial journalism could learn something from reading it. The tone was sharp and sarcastic, but above all it was persuasive.

The first chapter was a sort of declaration of war in which Blomkvist did not mince words. In the last twenty years, Swedish financial journalists had developed into a group of incompetent lackeys who were puffed up with self-importance and who had no record of thinking critically. He drew this conclusion because time after time, without the least objection, so many financial reporters seemed content to regurgitate the statements issued by CEOs and stock-market speculators-even when this information was plainly misleading or wrong. These reporters were thus either so naive and gullible that they ought to be packed off to other assignments, or they were people who quite consciously betrayed their journalistic function. Blomkvist claimed that he had often been ashamed to be called a financial reporter, since then he would risk being lumped together with people whom he did not rate as reporters at all.

He compared the efforts of financial journalists with the way crime reporters or foreign correspondents worked. He painted a picture of the outcry that would result if a legal correspondent began uncritically reproducing the prosecutor’s case as gospel in a murder trial, without consulting the defence arguments or interviewing the victim’s family before forming an opinion of what was likely or unlikely. According to Blomkvist the same rules had to apply to financial journalists.

The rest of the book consisted of a chain of evidence to support his case. One long chapter examined the reporting of a famous dot-com in six daily papers, as well as in the Financial Journal, Dagens Industri, and “A-ekonomi,” the business report on Swedish TV. He first quoted and summarised what the reporters had said and written. Then he made a comparison with the actual situation. In describing the development of the company he listed time after time the simple questions that a serious reporter would have asked but which the whole corps of financial reporters had neglected to ask. It was a neat move.

Another chapter dealt with the IPO of Telia stock-it was the book’s most jocular and ironic section, in which some financial writers were castigated by name, including one William Borg, to whom Blomkvist seemed to be particularly hostile. A chapter near the end of the book compared the level of competence of Swedish and foreign financial reporters. He described how serious reporters at London ’s Financial Times, the Economist, and some German financial newspapers had reported similar subjects in their own countries. The comparison was not favourable to the Swedish journalists. The final chapter contained a sketch with suggestions as to how this deplorable situation could be remedied. The conclusion of the book echoed the introduction: