Read The Wolf of Wall Street Online

Authors: Jordan Belfort

The Wolf of Wall Street (58 page)

It was around the same time when I finally settled my lawsuit with Steve Madden. I ended up settling for a little over $5 million, a far cry from what the stock was actually worth. Nevertheless, as part of the settlement Steve was forced to sell my stock to a mutual fund, so neither of us got the full benefit. I would always look at Steve Madden as the one that got away, although, all in all, I still made over $20 million on the deal—no paltry sum, even by my outrageous standards.

Meanwhile, the Duchess and I had settled into a quieter, more modest lifestyle, slowly reducing the menagerie to a more reasonable level, which is to say, twelve in help. The first to go were Maria and Ignacio. Next came the Roccos, whom I’d always liked but no longer considered necessary. After all, without cocaine and Quaaludes fueling my paranoia, it seemed somewhat ridiculous to have a private security force working in a crimeless neighborhood. Bo had taken the dismissal in stride, telling me that he was just happy I’d made it through this whole thing alive. And while he never actually said it, I was pretty sure he felt guilty about things, although I don’t think he was aware of how desperate my drug addiction had become. After all, the Duchess and I had done a pretty good job of hiding it, hadn’t we? Or perhaps everyone knew exactly what was going on but figured as long as the goose kept laying his golden eggs, who cared if he killed himself?

Of course, Gwynne and Janet stayed on, and the subject of them being my chief enablers (outside the Duchess) was never brought up. Sometimes it’s easier to let sleeping dogs lie. Janet was an expert at burying the past, and Gwynne being a Southerner—well, to bury the past was the Southern way. Whatever the case, I loved both of them, and I knew they both loved me. The simple fact is that drug addiction is a fucked-up disease, and the lines of good judgment become very murky in the trenches, especially when you’re living
Lifestyles of the Rich and Dysfunctional.

And speaking of chief enablers, there was, of course, the luscious Duchess of Bay Ridge, Brooklyn. I guess she turned out all right in the end, didn’t she? She was the only one who’d stood up to me, the only one who had cared enough to put her foot down and say, “Enough is enough!”

But as the first anniversary of my sobriety came and went, I began to notice changes in her. Sometimes I would catch a glimpse of that gorgeous face when she wasn’t aware I was looking, and I would see a faraway look in her eye, a sort of shell-shocked look, peppered with a hint of sadness. I often wondered what she was thinking at those moments, how many unspoken grudges she still held against me, not just for that despicable moment on the stairs but for everything—for all the cheating and philandering and falling asleep in restaurants and wild emotional swings that went hand in hand with my addiction. I asked George about that—what he thought she might be thinking and if there was anything I could do about it.

With a hint of sadness in his voice, he told me that this whole affair hadn’t played itself out yet, that it was inconceivable that Nadine and I could’ve gone through what we had and then just sweep things under the rug. In fact, in all the years he’d been sober he’d never heard of anything like this; the Duchess and I had broken new ground in terms of dysfunctional relationships. He likened Nadine to Mount Vesuvius—a dormant volcano that one day was sure to explode. Just when and with how much ferocity he wasn’t quite sure, but he recommended that the two of us go into therapy, which we didn’t. Instead, we buried the past and moved on.

Sometimes I would find the Duchess crying—sitting alone in her maternity showroom with tears streaming down her cheeks. When I’d ask her what was wrong, she would tell me that she couldn’t understand why all this had to happen. Why had I turned away from her and lost myself in drugs? Why had I treated her so badly during those years? And why was I such a good husband now? In a way, it only made it worse, she’d said, and with each act of kindness I now showed her, she felt that much more resentful that it couldn’t have been that way all those years. But then we would make love, and all would be well again, until the next time I found her crying.

Nonetheless, we still had our children, Chandler and Carter, and we found solace in them. Carter had just celebrated his third birthday. He was more gorgeous than ever now, with his platinum-blond hair and world-class eyelashes. He was a child of God, watched over since that terrible day in North Shore Hospital when they’d told us that he would grow up without his faculties. How ironic it was that since that day he hadn’t had so much as a runny nose. The hole in his heart was almost closed now, and it had never given him a day’s problems.

And what of Chandler? What of my little thumbkin, the former baby genius, who had kissed away her daddy’s boo-boo? Well, as always, she was still a daddy’s girl. Somewhere along the way she had earned the nickname “the CIA,” because she spent a good part of her day listening to everyone’s conversations and gathering intelligence. She had just turned five, and she was wise beyond her years. She was quite a little salesperson, using the subtle power of suggestion to exert her very will over me, which, admittedly, wasn’t all that difficult.

Sometimes I would look at her while she was asleep—wondering what she would remember about all this, about all the chaos and insanity that had surrounded her first four years, those all-important formative years. The Duchess and I had always tried to shield her from things, but children are notoriously keen observers. Every so often, in fact, something would trigger Channy and she would bring up what had happened on the stairs that day—and then she would tell me how happy she was that I had gone to Atlant-ica so Mommy and Daddy could be happy again. I found myself crying inwardly at those moments, but she’d change the subject just as quickly, to something entirely innocuous, as if the memory hadn’t touched her viscerally. One day I would have some explaining to do, and not just about what had happened on the stairs that day but about everything. But there was time for that—lots of time—and at this point it seemed prudent to allow her to enjoy the blissful ignorance of childhood, at least for a while longer.

At this particular moment, Channy and I were standing in the kitchen in Old Brookville, and she was pulling on my jeans and saying, “I want to go to Blockbuster to get the new
Rugrats
video! You promised!”

In truth, I hadn’t promised anything, but that made me respect her even more. After all, my five-year-old daughter was assuming the sale on me—making her case from a position of strength, not weakness. It was 7:30 p.m. “Okay,” I said, “let’s go right now, before Mommy gets home. Come on, thumbkin!” I extended my arms toward her and she jumped into them, wrapped her tiny arms around my neck, and giggled deliciously.

“Let’s go, Daddy! Hurry up!”

I smiled at my perfect daughter and took a deep, sober breath, relishing her very scent, which was glorious. Chandler was beautiful, inside and out, and I had no doubt that she would grow strong, one day making her mark on this world. She just had that look about her, a certain sparkle in her eye that I’d noticed the very moment she was born.

We decided to take my little Mercedes, which was her favorite, and we put the top down so we could enjoy the beautiful summer evening. It was a few days before Labor Day, and the weather was gorgeous. It was one of those clear, windless nights, and I could smell the first hints of fall. Unlike that fateful day sixteen months ago, I seat-belted my precious daughter into the front passenger seat and made it out of the driveway without smashing into anything.

As we passed through the stone pillars at the edge of the estate, I noticed a car parked outside my property. It was a gray four-door sedan, maybe an Oldsmobile. As I drove past it, a middle-aged white man with a narrow skull and short gray hair parted to the side stuck his head out the driver’s side window and said, “Excuse me, is this Cryder Lane?”

I hit the brake. Cryder Lane? I thought. What was he talking about? There was no Cryder Lane in Old Brookville or, for that matter, anywhere in Locust Valley. I looked over at Channy and felt a twinge of panic. In that very instant I wished I still had the Roccos watching over me. There was something odd and disturbing about this encounter.

I shook my head and said, “No, this is Pin Oak Court. I don’t know any Cryder Lane.” At that moment I noticed there were three other people sitting in the car, and my heart immediately took off at a gallop…
Fuck—they were here to kidnap Channy!…
I reached over, placed my arm across Chandler’s chest, and looked her in the eyes and said, “Hold on, sweetie!”

As I stepped on the accelerator, the rear door of the Oldsmobile swung open and a woman popped out. She smiled, then waved at me and said, “It’s okay, Jordan. We’re not here to hurt you. Please don’t pull away.” She smiled again.

I put my foot back on the brake. “What do you want?” I asked curtly.

“We’re from the FBI,” she said. She pulled a black leather billfold from her pocket and flipped it open. I looked…and, sure enough, those three ugly letters were staring me in the face: F-B-I. They were big block letters, in light blue, and there was some official-looking writing above and below them. A moment later the man with the narrow skull flashed his credentials too.

I smiled and said ironically, “I guess you guys aren’t here to borrow a cup of sugar, right?”

They both shook their heads no. Just then the other two agents emerged from the passenger side of the Oldsmobile and flashed their credentials as well. The kind-looking woman offered me a sad smile and said, “I think you should turn around and bring your daughter back inside the house. We need to talk to you.”

“No problem,” I said. “And thanks, by the way. I appreciate what you’re doing.”

The woman nodded, accepting my gratitude for having the decency to not make a scene in front of my daughter. I asked, “Where’s Agent Coleman? I’m dying to meet the guy after all these years.”

The woman smiled again. “I’m sure the feeling is mutual. He’ll be along shortly.”

I nodded in resignation. It was time to break the bad news to Chandler: There would be no
Rugrats
this evening. In fact, I had a sneaky suspicion there would be some other changes around the house, none of which she would be too fond of—starting with the temporary absence of Daddy.

I looked at Channy and said, “We can’t go to Blockbuster, sweetie. I have to talk to these people for a while.”

She narrowed her eyes and gritted her teeth. Then she started screaming: “No! You promised me! You’re breaking your word! I want to go to Blockbuster! You promised me!”

As I drove back to the house she kept screaming—and then she continued to scream as we made our way into the kitchen and I passed her to Gwynne. I said to Gwynne, “Call Nadine on her cell phone; tell her the FBI is here and I’m getting arrested.”

Gwynne nodded without speaking and took Chandler upstairs. The moment Chandler was out of sight, the kind female FBI agent said, “You’re under arrest for securities fraud, money laundering, and…”

Blah, blah, blah,
I thought, as she slapped the cuffs on me and recited my crimes against man and God and everyone else. Her words blew right past me, though, like a gust of wind. They were entirely meaningless to me, or at least not worth listening to. After all, I knew what I’d done and I knew that I deserved whatever was coming to me. Besides, there would be ample time to go over the arrest warrant with my lawyer.

Within minutes, there were no less than twenty FBI agents in my house—dressed in full regalia with guns, bulletproof vests, extra ammo, and whatnot. It was somewhat ironic, I thought, that they would dress this way, as if they were serving some sort of high-risk warrant.

A few minutes later, Special Agent Gregory Coleman finally reared his head. And I was shocked. He looked like a kid, no older than me. He was about my height and he had short brown hair, very dark eyes, even features, and an entirely average build.

When he saw me, he smiled. Then he extended his right hand and we shook, although it was a trifle awkward, what with my hands being cuffed and everything. He said, in a tone of respect, “I gotta tell you, you were one wily adversary. I must’ve knocked on a hundred doors and not a single person would cooperate against you.” He shook his head, still awestruck at the loyalty the Strattonites had for me. Then he added, “I thought you’d like to know that.”

I shrugged and said, “Yeah, well, the gravy train has a way of doing that to people, you know?”

He turned the corners of his mouth down and nodded. “Definitely so.”

Just then the Duchess came running in. She had tears in her eyes, yet she still looked gorgeous. Even at my very arrest, I couldn’t help but take a peek at her legs, especially since I wasn’t sure when I’d see them again.

As they led me away in handcuffs, the Duchess gave me a tiny peck on the cheek and told me not to worry. I nodded and told her that I loved her and that I always would. And then I was gone, just like that. Going where I hadn’t the slightest idea, but I figured I would end up somewhere in Manhattan and then tomorrow I would be arraigned in front of a federal judge.

In retrospect, I remember feeling somewhat relieved—that the chaos and insanity would finally be behind me. I would do my time and then walk away a sober young man—a father of two and a husband to a kindhearted woman, who stood by me through thick and thin.

Everything would be okay.

EPILOGUE

THE BETRAYERS

I
ndeed, it would have been nice if the Duchess and I had lived happily ever after—if I could have done my time, and then walked out of prison into her kind, loving embrace. But, no, unlike a fairy tale, this part of the story doesn’t have a happy ending.

The judge had set my bail at $10 million, and it was then, on the very courthouse steps, that the Duchess dropped the D-bomb on me.

With icy coldness, she said, “I don’t love you anymore. This whole marriage has been a lie.” Then she spun on her heel and called her divorce lawyer on her cell phone.

I tried reasoning with her, of course, but it was no use. Through tiny, bogus snuffles, she added, “Love is like a statue: you can chip away at it for only so long before there’s nothing left.”

Yes, that might be true, I thought, if it weren’t for the fact that you waited until I got indicted to come to that conclusion,
you backstabbing, gold-digging bitch
!

Whatever. We separated a few weeks later, and I went into exile at our fabulous beach house in Southampton. It was a rather fine place to watch the walls of reality come crashing down on me—listening to the breaking waves of the Atlantic Ocean and watching the breathtaking sunsets over Shinnecock Bay, while my life came apart at the seams.

Meanwhile, on the
legal
front, things were going even worse. It was on my fourth day out of jail when the U.S. attorney called my lawyer and told him that unless I pleaded guilty and became a government witness he was going to indict the Duchess too. And while he didn’t get specific on the charges, my best guess was that she was going to be indicted for conspiracy to spend obscene amounts of money. What else was she guilty of, after all?

Either way, the world was upside down. How could I, the one at the very top of the food chain, rat out those beneath me? Did giving up a multitude of smaller fish offset the fact that I was the biggest fish in town? Was it a matter of simple mathematics: that fifty guppies added up to a single whale?

Cooperating meant that I would have to wear a wire; that I would have to testify at trials and take the witness stand against my friends. I would have to spill my very guts, and disclose every last drop of financial wrongdoing from the last decade. It was a terrible thought. An absolutely horrendous thought. But what choice did I have? If I didn’t cooperate they would indict the Duchess and take her away in handcuffs.

An indicted Duchess in handcuffs.
I found that notion rather pleasing, at first. She would probably reconsider divorcing me if we were both under indictment, wouldn’t she? (We would be like birds of a feather, flocking together.) And she would be a much less desirable catch to another man if she had to report to a probation officer each month. No two ways about it.

But, no, I could never let that happen. She was the mother of my children, and that was the beginning and the end of it.

My lawyer cushioned the blow by explaining that everyone cooperated in a case like mine—that if I went to trial and lost I would get thirty years. And while I could have gotten six or seven years with a straight guilty plea, that would’ve left the Duchess exposed, which was entirely unacceptable.

So I cooperated.

Danny was also indicted; and he also cooperated, as did the boys from Biltmore and Monroe Parker. Danny ended up serving twenty months, while the rest of the boys got probation. The Depraved Chinaman was indicted next. He cooperated, too, and was sentenced to eight years. Then came Steve Madden, the Cutthroat Cobbler, and Elliot Lavigne, the World-Class Degenerate, both of whom pleaded guilty. Elliot got three years; Steve, three and a half. And, finally, came Dennis Gaito, the Jersey Chef. He went to trial and was found guilty. Alas, the judge gave him ten years.

Andy Greene, aka Wigwam, got away with it; and Kenny Greene, aka the Blockhead,
also
got away with it, although he couldn’t seem to keep his hand out of the cookie jar. He was indicted many years later, a stock-fraud case having nothing to do with Stratton. Like the rest of the clan, he also cooperated, and he served one year.

Along the way, the Duchess and I fell in love again; the only problem was that it was with other people. I went as far as getting engaged, but broke it off at the last second. She, however, got married, and remains married to this day. She lives in California, just a few miles from me. After a few rocky years, the Duchess and I finally buried the hatchet. We get along terrific now—partly because she happens to be a great lady, and partly because her new husband happens to be a great man. We share custody of the kids, and I see them almost every day.

Ironically, it would be more than five years from the time I was indicted until I actually went to jail—serving twenty-two months in a federal prison camp. What I would have never guessed, though—not in a million years, in fact—was that those last five years would be as insane as the ones before them.

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