FRED
Fred is dead! Fred owes me ten dollars. Fred and I made a
bet. Whoever died
first owed the other ten dollars. Fred lost!! I hope it
takes a lot of time before I
collect. I know Fred is waiting for me somewhere. I’m also
sure he will come up with
a reason why he doesn’t owe me the ten dollars.
Fred and I met when we were both nine, or so he said. I
didn’t like Fred much
back then. I thought he was a bragger and didn’t think he
was that good at anything.
Fred was the worst athlete of all of us. I didn’t like his
dog Friskie, or his squirty
younger brother Stevie. I not only didn’t like his mother, I
feared her.
When any of us guys tried to call on Freddy to join the
game, Fred’s mother
answered the door. Her arms were folded like an iron gate.
She never asked what
we wanted. She just would say, “Fred has to study. Go away!”
It was difficult for
Fred to improve his athletic ability, since his mother would
seldom let Fred join us.
Fortunately for us, we only called on Fred when we were
short a player and that was
rare.
As we got older, now in our teens, Fred would join us on my
porch. Most of us
talked about the games we had played that day. When we
discussed girls or
women, it was with longing and despair . We talked mostly
about our friends’
mothers, when those friends weren’t there. We were certain
they were available to
us. We just had to ask the right way. We also liked that
their mothers had done it.
Their kids were living proof.
Fred was the only one who claimed he was getting it,
“regularly!!” We hated him
for it. Fred also claimed that when he was eight, a twelve
-year -old girl baby sitter
had raped him. We hated him for that too. We called him a
liar. I hated him because
my older sister said Fred was handsome.
Fred got a job at the local Sunoco Service Station. Fred
constantly bored us with
how all the girls who came into the station asked Fred out.
That wasn’t bad enough.
We also had to hear about how strong Tim was and how large
Tim’s muscles were.
Tim was a black guy who had been working at the Sunoco
Station for a couple of
years and was showing Fred the ropes. Fred began showing us
his newly found
muscles. He said that in a short time he would be as strong
as Tim.
Fred was still lousy at sports. In fact he was so lousy that
he had to go out for
track. Worse yet, it was long distance! Nobody ran long
distance in those days, only
guys who couldn’t make any real sports teams. We associated
long distance track
with boredom and guys who probably liked to talk to
themselves.
Fred got into Harvard. I didn’t. Fred knew what he wanted to
do. I didn’t. Fred
talked non-stop about the greatness of his new Harvard
friends. We didn’t know any
of them, but we disliked them as much as we disliked Fred
Fred and I went on a double
date. My date liked Fred better than me.
Fred was discharged from the Navy, where he had served as an
officer on a battle
ship. I was doing my worst at trying to stay awake during
medic training at Fort
Sam in San Antonio, Texas.
Somehow, someway, we both ended up in NYC. Fred was in
Brooklyn. I was in
Manhattan. Fred was married. I wasn’t. I was floundering in
and out of
relationships. Sometimes I did the dumping. Sometimes I was
dumped.
Fred was delighted that I was single and going out with a
lot of women. Most
of them were very pretty which enhanced Fred’s delight. He
loved to ask each of them what
such a beautiful girl was doing with me. He thought that was very funny. I
didn’t.
Fred had also instructed his wife to make sure that when
they went out with
another couple that the woman would be pretty. He told me
that everybody talks
about the same things so that at least, if the woman sitting
across from him were
pretty, the evening wouldn’t drag.
Fred was working for E.F. Hutton as an investment banker. He
was working for
John Shad who would one day be the head of the S.E.C. Fred
idolized Shad. All I
heard was Shad this and Shad that. Fred had a way of making
you feel that
whomever he was speaking about was far better than you. This
always brought
back my old nasty feelings about Fred.
Fred’s wife Sue was madly in love with Fred, ridiculously
proud of him. She
would even make the fatal error of coming to Fred’s side
when I attacked him. I
had carefully instructed any woman that I brought to Fred
and Sue’s house that any
defense of me would be a sign of weakness on my part.
I actually saw her shine Fred’s shoes one morning, after I
stayed over. We all
had too much to drink the night before. This was after Sue
had given birth to two
girls. Fred had wanted boys. He wanted another chance to
relive those
childhood years that he felt his mother had cheated him out
of. Fred wanted
to play ball with his son. Fred wanted to hunt with his son.
He wanted to teach him
all the things he had learned about hunting and fishing.
Most of all, when his son’s
friends came to call, he wanted his son to run out to play.
Things were changing for me. I was involved in an up and
down relationship with
a woman named Dana. Most of the downs were her parents. They
had interfered
with most of her previous relationships. The reason usually
had been religion. In
my case it was personal. It seemed unlikely to me that Dana
and I would get much
further than having some wonderful times together that would
always be blemished
by her incurable need to please her parents.
Dana and I were dining at out favorite restaurant, her
apartment in Jamaica Plain.
Dana looked up at me and asked, “Was I ever going to ask her
to marry me?’
I said “Yes,I’m
asking you to marry me.”
Dana paused, “I
don’t know.”
“WHAT!!” I screamed
Dana said, “It’s not going to be
easy to tell my parents.”
“Never mind your parents, I’m
going to have to tell Fred.” I said.
At the time, I was making a
joke.
Dana and I were making wedding plans. Fred was constantly
asking me why
I was giving up the splendid life of a NYC bachelor. Fred
often repeated his back
handed compliment. “I don’t know how somebody like you could
come up with so
many good looking women.” I generally responded with,
“Easy.”
I decided it was time for Fred and Sue to meet Dana. We had
barely gone
through the introductions, when Sue smiled at Dana and then
at me and said,” Her
parents are right. She is way too good for you.” Fred was
nodding in agreement.
Dana and I rented an incredible apartment on East Fifty
Fourth. Life was good
for us except Robert Kennedy was shot in L.A. while I was
painting the apartment in
N.Y.C. Soon after Richard Nixon was elected President, but
aside from politics and
assassinations, we were having a love affair with the city.
This affair included all the
ups and downs that come with most affairs.
I decided to quit the job I had been at for almost five
years . The same week
Fred decided to leave E.F. Hutton and go to work for
Shearson, another investment
banking firm. I had agreed to go to work for a company based
in N.H. I was
somewhat depressed and very concerned about taking on a new
job. Fred was
somewhat anxious as well. Fred decided to rent a sixty five
foot sail boat and he
decided that Dana and I would serve as his crew,. None of us
had sailed before.
None of us knew anything about manning even a small
sailboat, never mind this
behemoth. Fred advised us that he had purchased a book
called “How To Keep A Sail
Boat Afloat.” Besides Fred pointed out, we could stop
worrying about our new jobs.
Now we should be worrying, if we would come back alive.
Dana and I decided it was time to return to the Boston area.
We had a six-
month-old baby named Sarah. We were absolutely sure she had
been conceived
on the sixty -five foot sail boat. We also had a white West
Highland Terrier named
Honky. Our apartment was too
small and the city was too big. It was time to leave.
We cautiously looked for the right town and house to move
to. We found
Newburyport or as one veteran Newburyporter told us years
later, Newburyport
found us. He claimed none of us came there, he said that we
were all sent.
We purchased a house that had
been built in the 1600’s.. This
house had everything, everything wrong. However, it was not
without it’s charms.
It had original beams in many of the rooms. Many of the
rooms had the original
wide floorboards described as King George boards. There were
six fireplaces.
One gigantic fireplace was at least five feet tall. We redid
the kitchen. We
decided on butcher block for all of our counters. The
counters looked great and, of
course, I mentioned this to Fred. This may have prompted
Fred to visit us almost
immediately. As soon as Fred and Sue entered the kitchen,
Fred told Sue to take out
her measuring tape and measure our butcher block. Fred wanted
to make sure that
he had more butcher block in their kitchen than we had.
Fred worried a lot about his
Jewishness. He described his mother as
the typical overbearing Jewish mother. Sue’s mother was
Jewish, her father was
Catholic. Sue had been brought up Catholic. Sue’s dad did
not like Jews much.
Fred’s mother hated Sue. Sue hated Fred’s mother.
Fred was quite anxious to keep
me abreast of both his business
accomplishments and his private life. Fred had taken to
sending us photos of his
various doings. There was one of Fred on his new chopper.
There was another with
Fred in a tree holding a bow and arrow. He was waiting for a
deer to stroll by. He
claimed that using a bow and arrow, rather than a rifle, was
a fairer game. Sue could
be seen in the photo sitting under the tree. Sue’s job was
to help spot any deer, Fred
didn’t see. We especially loved the one with Fred on his
huge tractor getting ready
to work his three hundred acre farm. There would usually be
a caption under
all the photos that said, “This is not the way most Jewish
guys relax.”
Although we had moved to Boston,
I still had a lot of customers in
New York City. I traveled to New York every other week and
most often met Fred
for dinner. After dinner and a lot of “What do you want to
do??”, quite often we ended
up on 42nd street in time to catch a pornographic film. We
were watching a western
porno, when Fred grabbed my arm and said the hero is Jewish.
I said, “How do you
know?” He said, “I can tell by the way he makes love.” I
didn’t bother pursuing his
theory. Maybe he was right and I should have paid better
attention.
After dining one evening, Fred told me he had bought tickets
to a live
porno show for us. Neither of us had ever been to one of
these before. We went. It
was an interesting experience. There was quite a bit of
flagellation. There was also
quite a bit of dialogue. The players felt responsible to
keep us informed of not only
what they were doing, but what other porno theatres were
doing. The Head Master
as he referred to himself, explained to the audience that
there was another live show
a few blocks away. He described their theatre as being
crude. He said, “Those are the kind of people that give flagellation a bad
name.”
Fred called the next day to say he was working with two big
name companies putting together a huge deal, but all he could think about was
making plans to go to the place that was giving flagellation a bad name. We
could not stop laughing.
Fred had begun to call me on a regular basis. A shoe company
had come to his investment banking company and had requested start up capital.
Fred wanted as much information as I could give him regarding the main man. As
it happened, I knew quite a bit about him. I had been very friendly with his
brother Leo. Leo had often spoken about his brother Joe and how much he admired
him. I had a very high regard for Leo. I trusted his insights and his opinions.
Leo frequently said that Joe was the most talented and creative person he knew.
I passed this information on to Fred.
Fred’s company Shearson did the deal. Joe made millions. Leo
made millions. Joe’s company made millions. Fred and Shearson made millions. I didn’t make a nickel.
Many years later I ran into Joe in an Italian Trattoria
outside of Florence, Italy. I walked over to the bar and introduced myself to
Joe Famolare. I said, “I was the guy who recommended you to E.F. Hutton to help
you get the start up money.”
Joe snickered, “it wasn’t Hutton,he said, it was Shearson.”
I had forgotten that Fred had left E.F. Hutton, when he did the deal with Joe
.I was wrong and embarrassed.
Fred left Shearson and joined Drexel Burnham as their
C.E.O..Drexel was a young investment banking company that specialized in junk
bonds. Fred’s first major move was to hire a highly touted junk bond specialist
named Michael Milliken, Fred’s newest hero.
Dana and our kids loved to visit Fred and Sue’s farm. It was
over three hundred acres. It was stocked with real animals. Vegetables and
fruit were growing everywhere. In fact, it was a serious farm that Fred and Sue
toiled together. Fred would be on his tractor turning the soil. All the kids
and Dana would be picking blueberries for Sue’s amazing farm made blueberry
pie. Fred loved to walk with me after dinner. He loved to tell me how much fun he
was having at work. He especially loved to go on about Mike Milliken. According
to Fred, Mike was the most brilliant person he had ever met. According to Fred,
there was nobody else in the world that could compare to Mike Milliken.
“All Mike wants to do is become the richest man in the
universe.” Fred said.
“How rich is he now?” I asked
“About five hundred million. He doesn’t sleep. He works all
night. He is working now, even though it’s Sunday. I’m sure he’s plotting a
strategy, that he will unfold on me when I get to the shop on Monday.”
This was a new world for Fred. This was the true high life.
This was a world even Fred could not have dreamt about, even in his wildest
dreams. There were parties. The parties were lavish. There were celebrities
seeking information. There were Wall Streeters seeking celebrities. There were
lots of pretty girls. Nobody ever, ever brought their wives.
Fred fell in love. Her name was Lee Ann
Fred wanted me to meet Lee Ann. Her home was in the Boston
area, which meant that Fred would be travelling to Boston regularly. He often
called me and invited me to join them. It was always at one of the fanciest
hotels in Boston. The food was invariably great as were the conversations. Fred
wanted to share his world with both Lee Ann and me. It was exciting to hear the
stories about Ted Turner. Fred described almost verbatim how Ted Turner had
roasted him on Fred’s fiftieth birthday. “Ted Turner?” I said, He doesn’t know
shit about you! He doesn’t know that of all of us kids growing up, you were the
biggest asshole. He doesn’t know that you wouldn’t be here posing as a big shot
investment banker, if it weren’t for the weekly poker games at my house. That’s
where you learned to cheat! You finally figured out that everybody was cheating.
That’s what prepared you for Wall Street, not Harvard.” Turner may have roasted
you; I would have fried your ass like fried chicken.
I had to admit it was exciting to hear what Fred had said to
Carl Icahn. Better yet, to hear Fred tell us that he told Donald Trump that he
didn’t feel comfortable doing business with him. He told us who the bad boys
were and who wore the white hats. At least, according to Fred. I told Lee Ann,
“Fred wasn’t smart enough to be a real bad guy. I said he was just a sort of a bad
guy.”
Drexel quickly became the most talked about company of the
era. This was true on Wall Street an on Main Street. These C.E.O.S were making
headlines. Fred was on the cover of quite a few weekly magazines. Drexel was
growing a reputation for being very aggressive and extremely successful.
Perhaps too aggressive, and way too successful
This information did not elude the S.E.C. or the Feds. The
Fed’s word for aggressive was arrogant and their objective was to bring Drexel
down.
Fred’s oldest daughter was getting married. Her wedding took
place at the farm. It was a beautiful day. It was a beautiful setting. The
guests not only looked rich, they were rich and a lot of them famous. Fred’s
mom & dad were there. His mom remembered me and came over to speak to me
.She inquired about my dad ,who had since died and after a few more questions,
she looked around at the magnificence and said, “I did this!!”
Michael Milliken went to jail kicking and screaming that it
was all Fred’s fault. He wrote a book calling Fred the worst liar in the
country. He called Fred a gangster and said he was a member of a vicious gang
growing up. The gang Milliken was referring to was our club called the Vikings.
Our most vicious acts were playing pinball, reading porno books in the soda
fountain store behind the owner’s back and talking about the local females. We
also tended to double dribble, when we played basketball. Double dribbling is
considered a very serious offense in pro basketball. Oh yeah, and there was
that stuff about everybody cheating at poker.
Fred was also being tried. Tried in court and pursued by the
FBI. Susie said when the family was out the FBI was cutting down tree branches,
so that they would get better tapping reception. Fred called me after his first
day in court to tell me that his judge was
beautiful. He said, “I should definitely come to his trial
and check out the judge.” “You’ve always needed to be judged, I said, I don’t.
Besides I saw her picture somewhere recently and she’s not that hot. Since you
turned fifty your taste has gone south!”
During the trial, while at recess the court journalist came
over to Fred and introduced herself to him. Fred called the following week to
brag, that he now had a mistress named Melanie, who he put up in a fashionable
apartment near his Manhattan office. He said, She was wicked smart and best of
all not like his wife Sue or his girlfriend Lee Ann, Melanie asked no
questions.”
Lee Ann was growing tired of having only part of Fred. She
wanted Fred to divorce Susie and marry her. Fred told me he was considering
doing this. “Fred, I said, just give me two weeks notice. I don’t want to be in
the country when you tell Sue. I don’t want to get hit by the shrapnel when
Susie’s bomb goes off.”
I met Fred for dinner. I was hoping I could talk him out of
leaving Sue .It wasn’t that I liked Sue, I hadn’t for a while. Sue had grown
bitter. She didn’t like the world that
Fred had adopted. She didn’t like Fred’s business . Sue had taken on her
dad’s anti Semitism.
she was constantly pointing out the Jewish names, who were
getting caught in one white collar crime or another. I could understand Fred wanting a
younger, prettier woman, but Sue had done so much. Five kids all raised successfully
mostly by Sue. Sue’s supreme love and total loyalty to Fred had to count. Fred
heard me, but he said I’m far richer than you, I’m much smarter than you, I’m
way handsomer than you, but you have Dana and I don’t. Was it possible that so
much of this was about Dana, including Lee Ann?
“My God, I said, you really are a sick, crazy competitive
bastard. I thought we were just having fun. I guess that’s why I have Dana and
you don’t. Besides neither one of us has any butcher block anymore. Get over it. We left the butcher block
in Newburyport that you had Susie measure a long time ago. Nor do I really have Dana. I’m married
to her.”
Fred was trying to start a new investment banking company. I
had begun to perform my stories at many different venues. One of these venues
was the Hebrew Rehab in Roslindale, Mass. I had mentioned to Fred that I was
performing at various nursing homes. I asked him if he knew Sheldon Adelson
originally from Dorchester. Sheldon had become one of the richest men in the
world as owner of the Sands Company and the Venetian Hotel chain. I told Fred,
Sheldon had contributed over eighteen million to the Hebrew Rehab . “Hebrew Rehab, Fred said, that’s where
my mother is. I’d really appreciate if you would say hello to her. Maybe I’ll send
Sheldon a thank you note for helping take care of my mother. I didn’t think
anyone could do that.”
On our next visit to the rehab I found Fred’s mother. She
didn’t know me. I said, “Fred and I were and still are friends. “Fred? She said
He is my oldest. Fred is seventy-five.” At the time Fred was sixty-three. I
called Fred the next day and blasted him out for lying to me about his age, the
day we were first met. I was nine and he had said he was nine as well. I said
no wonder you did so well in school, you were twelve years older than the rest of
us.
Fred was a busy boy.
He was contemplating how to tell Sue and where to tell Sue that he
wanted a divorce. How close to the door should he stand, without causing too
much suspicion? At the same time, he was battling the attorney general’s
office, maintaining his innocence and validating his stupidity. His defense was
based on his not knowing what Millikin and his subordinates were doing behind
his back. This seemed to qualify for gross stupidity. At the same time he was
still seeing his girlfriend and his mistress. Fred never said goodbye on the
phone any longer; he would sign off by saying to me “Stay out of trouble!”
Finally, Fred called and said he would tell Sue at the farm.
I said, “You had better wear the helmet from your motorcycle days and maybe a
bullet proof vest if Susie finds your bow and arrows.” I thanked him for
letting me know and said that even though I had just returned from China, I
would leave for China tomorrow.
Fred did tell Sue he was leaving her. Sue did not take it
well. I actually didn’t leave for China ,but stayed home in Lexington.. Fred
delivered his message to Sue in their New Jersey home. Although, it is about
two hundred and thirty miles from our home to theirs, I was sure I could hear
Sue’s cries. I felt horrible for Sue
and their five kids. Why couldn’t Fred maintain the status quo? He had
everything he ever wanted, I thought. Enough sex between the three women that
should have satisfied even Fred.
Fred married Lee Ann and shortly thereafter was diagnosed
with myeloma. Fred being Fred learned as much as any doctor knew about the
disease and because Fred had a lot of money, he traveled to any and every
hospital or clinic for hope. The generous doctors graciously gave Fred two
years. Fred got over five.
The week before he died Dana and I joined Fred and Lee Ann
for dinner at Bertoucci’s in Andover, Mass. Fred called me from the Dana Farber
to inform me that he had relapsed and that it was my fault. “Why I said, You
can’t blame me just because you have a namby pamby body,inside and out.” “I am
blaming you, I’m blaming you for everything that went wrong. I just watched one
of your DVD’s and all I could think of is that Lee Ann said you are handsome.
I’m glad that I’m feeling well enough to tell you that I don’t agree with Lee
Ann. I know handsome when I see it. I’m handsome and you’re not!!”
Fred died that day. There were two funerals, one in New
Jersey and one in Andover. Lee Ann invited Dana and myself to the funeral in
Andover. I called and emailed Lee Anne that Dana and I would always be there
for her.
Lee Ann did not return my call.
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