PEPPERCORN SAUCE
1/2 stick butter
3 shallots, chopped
2 tbsp crushed peppercorns (can be replaced with coarse ground black pepper)
1/2 cup white wine
1 (32 oz.) beef broth
1/2 cup whipping cream
In a heavy medium saucepan, melt butter. Add shallots and crushed peppercorns, and sauté until shallots are lightly browned about 5 minutes.
Add wine and beef broth. Boil until reduced to 2 cups, about 25 minutes. Add whipping cream, and cook until sauce coats spoon, about 6 minutes.
Peppercorn sauce can be made up to 2 hours ahead. Set aside at room temperature.