He's dead, and there's no reason to pretend -

And at least two people who can tell him the truth. And will, if they run into him.

And - why not be honest with himself? - he's fucking fantasized about the look on Howard's face if he ever found out.

Obadiah leans back casually, stopping a passing waitrat to order a drink. As he does so, he says,

"Do you remember that night I asked you how you'd go about causing a car wreck without anyone noticing?"