The Wolf of Wall Street (38 page)

CHAPTER 29

DESPERATE MEASURES

A
s I sat in my kitchen, plowing through the indictment, I found the whole thing mind-boggling. How many Swiss bankers were there? There had to be at least ten thousand of them in Geneva alone, and I had to choose the one who’d been dumb enough to get himself arrested on U.S. soil. What were the chances of that? Even more ironic was that he’d gotten himself indicted on a completely unrelated charge, something having to do with laundering drug money through offshore boat racing.

Meanwhile, it didn’t take the Duchess long to realize that something was terribly wrong, simply because I hadn’t pounced on her the moment I’d walked through the door. But without even trying, I knew I couldn’t get it up. I had resisted letting the word
impotent
enter my thoughts, because it had so many negative connotations to a true man of power, which I still considered myself to be, in spite of falling victim to the reckless behavior of my Swiss banker. So I preferred to think of myself as being a limp dick or a spaghetti dick, which was far more palatable than the heinous
I
word.

Either way, my penis had sought refuge inside my lower abdomen—shrinking to the size of a number-two pencil eraser—so I told the Duchess that I was sick and jet-lagged.

Later that evening I went into my bedroom closet and picked out my jail outfit. I chose a pair of faded Levi’s, a simple gray T-shirt with long sleeves (just in case it got cold inside the jail cell), and some old beat-up Reebok sneakers, which would reduce the chances of any seven-foot black men named Bubba or Jamal taking them from me. I had seen this happen in the movies, and they always took your sneakers before they raped you.

On Monday morning I decided not to go to the office—figuring it was more dignified to get arrested in the comfort of my own home rather than in the gloomy groin of Woodside, Queens. No, I would not allow them to arrest me at Steve Madden Shoes, where the Cobbler would view it as a perfect opportunity to fuck me out of stock options. The Maddenites would have to read about it on the front page of
The New York Times,
like the rest of the Free World. I would not give them the pleasure of seeing me taken away in handcuffs; that pleasure I would reserve for the Duchess.

Then something very odd happened—namely, nothing. There were no subpoenas issued, no unannounced visits from Agent Coleman, and no FBI raids at Stratton Oakmont. By Wednesday afternoon I found myself wondering what the fuck was going on. I’d been hiding out in Westhampton since Friday, pretending to be sick with a horrible case of diarrhea, which was basically true. Still, it now appeared that I was hiding for no good reason—perhaps I wasn’t on the verge of being arrested!

By Thursday, the silence was overpowering and I decided to risk a phone call to Gregory O’Connell, the lawyer whom Bo had recommended. He seemed like the perfect person to gather intelligence from, since he had been the one who reached out to the Eastern District and spoke to Sean O’Shea six months ago.

Obviously, I wouldn’t come clean with Greg O’Connell. After all, he was a lawyer, and no lawyer could be fully trusted, especially a criminal one, who couldn’t legally represent you if he became aware that you were actually guilty. It was an outlandish concept, of course, and everyone knew that defense lawyers made their livings defending the guilty. But part of the game was an unspoken understanding between a crook and his lawyer, wherein the crook would swear innocence to his lawyer and the lawyer would help the crook mold his bullshit story into a criminal defense that was consistent with the loose ends of his bullshit story.

So when I spoke to Greg O’Connell I lied through my teeth, explaining how I’d gotten caught up in someone else’s problem. I told him that my wife’s family in Britain shared the same banker as some corrupt offshore boat-racers, which was, of course, a complete coincidence. As I went about running this first version of my bullshit story to my future lawyer—telling him all about the lovely Aunt Patricia, still alive and kicking, because I felt it made my case stronger—I started seeing thin rays of hope.

My story was entirely believable, I thought, until Gregory O’Connell said in a somewhat skeptical tone: “Where did a sixty-five-year-old retired schoolteacher come up with the three million in cash to get the account started?”

Hmmm…
a slight hole in my story; probably not a good sign, I thought. Nothing to do but play dumb. “How am I supposed to know?” I asked matter-of-factly. Yes, my tone had been just right. The Wolf could be a cool character when he had to be, even now, under the most dire circumstances. “Listen, Greg, Patricia—may she rest in peace—was always going on about how her ex-husband was the first test pilot for the Harrier jump jet. I bet the KGB would have paid a bloody fortune for some hard intel on that project; so maybe he was taking cash from the KGB? As I recall, it was pretty cutting-edge stuff back then. Very hush-hush.”
Christ!
What the fuck was I rambling about?

“Well, I’ll make a few calls and get a quick heads-up,” said my kind attorney. “I’m just confused about one thing, Jordan. Can you clarify whether your aunt Patricia is alive or dead? You just said she should rest in peace, but a couple of minutes ago you told me she lived in London. It would be helpful if I knew which of the two was accurate.”

I had clearly dropped the ball on that one. I would have to be more careful in the future about Patricia’s life status. No choice now but to bluff it out: “Well, that depends on which one bodes better for my situation. What makes my case stronger: life or death?”

“
Welllllllllllllll,
it would be nice if she could come forward and say the money was hers, or, if not that, at least sign an affidavit attesting to that fact. So I would have to say that it would be better if she were alive.”

“Then she’s very much alive!” I shot back confidently, thinking of the Master Forger and his ability to create all sorts of fine documents. “But she likes her privacy, so you’re gonna have to settle for an affidavit. I think she’s in seclusion for a while, anyway.”

Nothing but silence now. After a good ten seconds my lawyer finally said, “Okay, then! I think I’ve got a pretty clear picture here. I’ll be back to you in a few hours.”

An hour later I did receive a call back from Greg O’Connell, who said, “There’s nothing new going on with your case. In fact, Sean O’Shea is leaving the office in a couple a weeks—joining the ranks of us humble defense attorneys—so he was unusually forthcoming with me. He said your whole case is still being driven by this Coleman character. No one in the U.S. Attorney’s Office is interested in it. And as far as this Swiss banker goes, there’s nothing going on with him in relation to your case, at least not now.” He then spent a few more minutes assuring me that I was pretty much in the clear.

Upon hanging up, I dropped those first two hedge words,
pretty
and
much,
and held on to the last three,
in the clear
, like a dog with a bone. I still needed to speak to the Master Forger, though, to gauge the full extent of the damage. If he were sitting in a U.S. jail, like Saurel—or if he were in a Swiss jail, pending extradition to the United States—then I was still in deep shit. But if he wasn’t—if he was in the clear too, still able to practice the little-known art of master forgery—then perhaps everything might work out for me.

I called the Master Forger from a pay phone at Starr Boggs restaurant. With bated breath, I listened to the troubling story of how the Swiss police had raided his office and seized boxes full of records. Yes, he was wanted for questioning in the United States, but, no, he was not officially under indictment, at least not to his knowledge. He assured me that under no circumstances would the Swiss government turn him over to the United States, although he could no longer safely travel outside Switzerland, lest he be picked up by Interpol on an international arrest warrant.

Finally, the subject turned to the Patricia Mellor accounts, and the Master Forger said, “Some of the records were seized, but not because they were specifically targeted; they were just scooped up with all the others. But have no fear, my friend, there is nothing in my records indicating that the money doesn’t belong to Patricia Mellor. However, since she is no longer alive I would suggest that you stop doing business in those accounts until this whole thing blows over.”

“That goes without saying,” I replied, hanging on to the two words
blow
and
over,
“but my main concern isn’t so much having access to the money. What I’m really worried about is Saurel cooperating with the U.S. government and saying that the accounts are mine. That would cause me a big problem, Roland. Perhaps if there were some documents that showed the money was clearly Patricia’s, it would make a big difference.”

The Master Forger replied, “But those documents already exist, my friend. Perhaps if you could give me a list of what documents might help you and what dates Patricia signed them on, I would be able to dig them out of my files for you.”

Master Forger! Master Forger!
He was still with me. “I understand, Roland, and I’ll let you know if I need anything. But for right now, I guess it just makes the most sense to sit back and wait and hope for the best.”

The Master Forger said, “As usual, we are in agreement. But until this investigation runs its course, you should steer clear of Switzerland. Remember, though, that I am always with you, my friend, and I will do everything in my power to protect you and your family.”

As I hung up the phone, I knew my fortunes would rise and fall with Saurel. Yet I also knew that I had to get on with my life. I had to take a deep breath and suck it up. I had to get back to work, and I had to start making love to the Duchess again. I had to stop jumping out of my skin every time the phone rang or there was an unexpected knock at the front door.

And that was what I did. I reimmersed myself in the very insanity of things. I plunged into the building of Steve Madden Shoes and kept advising my brokerage firms from behind the scenes. I did my best to be a loyal husband to the Duchess and a good father to Chandler, in spite of my drug addiction. And as the months passed, my drug habit continued to escalate.

As always, I was quick to rationalize it, though—to remind myself that I was young and rich, with a gorgeous wife and a perfect baby daughter. Everyone wanted a life like mine, didn’t they? What better life was there than
Lifestyles of the Rich and Dysfunctional
?

Either way, by mid-October, there were no repercussions from Saurel’s arrest, and I breathed a final sigh of relief. Obviously, he had chosen not to cooperate and the Wolf of Wall Street had dodged another bullet. Chandler had taken her first steps and was now doing the Frankenstein walk—sticking her arms out in front of her, keeping her knees locked, and walking around stiffly. And, of course, the baby genius was talking up a storm. By her first birthday, in fact, she had been speaking full sentences—an astonishing achievement for an infant—and I had no doubt that she was well on the road to a Nobel Prize or at least a Fields Medal for advanced mathematics.

Meanwhile, Steve Madden Shoes and Stratton Oakmont were on divergent paths—with Steve Madden growing by leaps and bounds and Stratton Oakmont falling victim to ill-conceived trading strategies and a new wave of regulatory pressure, both of which Danny had brought upon himself. The latter was a result of Danny’s refusal to abide by one of the terms of the SEC settlement—namely, for Stratton to hire an independent auditor of the SEC’s choosing, who would review the firm’s business practices and then make recommendations. One of these recommendations was for the firm to install a taping system to capture the Strattonites’ phone conversations with their clients. Danny refused to comply, and the SEC ran into federal court and secured an injunction ordering the firm to install the taping system.

Danny finally capitulated—lest he be thrown in jail for contempt of court—but now Stratton had an injunction against it, which meant all fifty states had the right to suspend Stratton’s license, which, of course, they slowly began doing. It was hard to imagine that after everything Stratton had survived, its demise would be tied to the refusal to install a taping system, which, in the end, hadn’t made the slightest bit of difference. Within days Strattonites had figured out how to circumvent the system—saying only compliant things over Stratton’s phone lines and then picking up their cell phones when they felt like going to the dark side. But the handwriting was now on the wall: Stratton’s days were numbered.

The owners of Biltmore and Monroe Parker expressed their mutual desire to go their separate ways, to no longer do business with Stratton. Of course, it was done with the utmost respect, and they each offered to pay me a $1 million tribute on each new issue they took public. It amounted to somewhere around $12 million a year, so I gladly accepted. I was also receiving a million dollars a month from Stratton, pursuant to my noncompete agreement, as well as another four or five million every few months as I cashed out of large blocks of inside stock (144 stock) in the companies Stratton was taking public.

Still, I considered it a mere drop in the bucket compared to what I could make with Steve Madden Shoes, which seemed to be on a rocket ship to the stars. It reminded me of the early days of Stratton…those
heady
days…those
glory
days…in the late eighties and early nineties, when the first wave of Strattonites had taken to the phones and the insanity that had come to define my life had yet to take hold. So Stratton was my past, and Steve Madden was my future.

At this particular moment I was sitting across from Steve, who was leaning back in his seat defensively as the Spitter shot spit streams at him. Every so often, Steve would give me a look that so much as said, “The Spitter is relentless when it comes to ordering boots, especially since the boot season is almost over!”

The Drizzler was also in the room, and he was drizzling on us at every opportunity. Right now, though, the Spitter had center stage. “What’s the big fucking deal about ordering these boots?” spat the Spitter. Because this morning’s debate involved a word beginning with the letter
B,
he was doing an inordinate amount of spitting. In fact, each time the Spitter uttered the word
boot,
I could see the Cobbler cringe visibly. And now he turned his wrath on me. “Listen, JB, this boot”—
oh, Jesus!—
“is so fucking hot there’s no way we can lose. You gotta trust me on this. I’m telling you, not a single pair will get marked down.”