he hits it, we're finished.
Now, we got two ways of betting. One is called New York, the other is called Brooklyn. The Brooklyn number is the last three digits, not including pennies, of the total handle of whichever thoroughbred racetrack is running that day. Aqueduct or Belmont. You get the handle from the newspaper. It's published the next day. If both tracks are closed, we use a Florida track. The New York number is more complicated. We have the New York number for people who want to get results the same day. They're addicted. They're used to casinos, the lottery, whatever, they want to know if they won. It's a sickness. They can't wait until the next day. So the New York number is for them. That number uses what we call the three-five-seven structure. It's really not very complicated. To get the first digit of the New York bet, you add all the win, place, and show payoffs for the first three races. The last digit, again forgetting about the pennies, is the first digit of the New York number. Get that? People will watch the television and see they got the first number on the New York right and then they go wild and start betting more. We used to close the betting before the first race, but now, with computers, we can keep the betting open until the end of the sixth race. So they see they got the first number right, they go wild. We murder them on the odds when they do that, too. Because the payoff goes up, so do the odds. So then we get the second digit by using the first five races. And then the third digit using the first seven races. People can follow that once they get used to it. They can listen to the radio and hear the numbers and add them up for themselves. They get to follow the action. They can also bet a single action or boleta on the New York number, too. We run these bets from a lot of places, grocery stores, pizza places, bodegas, hair parlors-we got a lot of spots. Even a hardware store in one case. We use a three-leaf slip of paper, so everyone has a copy. The guy who bets, the spot, and what we call a bank. It's just two guys in a little rented office with a computer and a secretary and a big basket of paper and a guard watching them both. We rotate the guards so nobody gets too friendly. All the paper is called the work. All the work comes to a bank. We run nine banks. Each is working maybe fifteen or twenty spots. We run a hundred and sixty-two spots, in fact. Maybe three thousand bucks a day from each spot. So the cash adds up fast. We're paying out about sixty-five percent of our handle. That leaves a very nice profit margin. We figure out the odds from all nine banks. We get good numbers that way. Some other operations, these fucking Russians maybe, run maybe one or two banks, but sooner or later they get creamed. Some guys hit them for a New York on a big number and they didn't have enough bets to keep the odds down. So we run nine banks. If we see a number is very heavily bet, we close betting on it. We used to edge off the bets to some of our friends in the business, see if they wanted to take the action away from us, but now we don't. It makes things too complicated, it puts you at their mercy. Maybe their office is fucking wired, maybe somebody figured the numbers out wrong, whatever. Little Gotti runs an operation, for example, always gets his numbers wrong. You used to be able to do it, but now you can't. Okay, so why's there a job open? We used to have a guy running the nine banks, but he had a little problem. His fingers got itchy and so they had to be cut off. I'm not joking. I don't joke about these things. I have children. I'm not going to go into it. We got all the money back, too, but it came out of his father's retirement. Fucking mongrel son. It's not my problem. We need someone smart enough to run the nine banks at the same time. Somebody who's got a feel for numbers, somebody who-
I'm not interested.
What?
I'm not interested.
You haven't heard the good part, how much it-
I really don't want it.
Bring her some more iced tea. Let me tell you about another job.
I doubt I'm interested in that, either.
Let me try it on you. For Christ's sake, we're talking opportunity here. See, we buy phone cards from the phone companies, using a little dummy company. We buy like nine million dollars' worth. That's what they will sell for. Maybe we pay eight million for them. Buy for eight, sell for nine. It's big money, and so we syndicate that across five or six investors. But selling the cards involves real costs. You got to advertise, you got to staff an office, all that. It's a competitive business. The actual profit margin is down around seven percent. Steady but not great. Takes a long time to make big money at seven percent. So we do that awhile, six, eight months, get our credit looking good with the phone company. Then we place a huge order for cards, maybe thirty million dollars' worth that we negotiate a price for. We negotiate hard, too. Let's say we agree we are going to pay twenty-five million for the cards. Okay, at the same time, we begin to advertise a special. We're going to sell those thirty million of cards for maybe twenty million. Sounds like we're going to lose money, I know. Word goes around that a certain card is a better deal. The customer is very price-sensitive. These are not wealthy people. You start the deal just a little bit early. You advertise, you get people excited. All those Cubans and Brazilians calling home. You have to build it up and then pop it at the right moment, usually maybe around Christmas, Thanksgiving, Mother's Day, sometime when everyone is calling. You try to collect in cash as much as possible. Then, just as demand is spiking up for the cheap cards, you take delivery of the big new order by the phone company. Your credit is good, they don't suspect anything. You get the thirty million worth of cards and you sell them fast for twenty million. At the same time you-
You don't pay anything to the phone company. You give them a bad check, pocket the twenty million, fire the whole staff, and declare bankruptcy.
Exactly. It takes about a year to pull it off, start to finish. What we do is, we set you up in an office in Florida. Your name is never on a piece of paper-
No. I'm sorry.
That's no good?
No.
We're talking easy money.
I don't care.
You know how cement contracts work?
I'm not interested, I'm really not.
This is a big opportunity. This is not these little jobs with Rick, bunch of fucking Jap motorcycles.
I know, but I don't want it.
Why?
Because it kept her involved with Rick. Because she would rather sit and read in the Columbia library. Because she was a girl. Because she was twenty-two years old. Because none of this was exciting to her anymore.
You love him?
What's that got to do with anything?
You're too good for him, you know.
I don't know about that.
What is it about Rick, the way the women love him? What is it, the muscles?
He's got a sad face.
What?
He's got a sad face. There's something about it.
I don't understand women. I fucking don't. I been married forty-two years and I got three sisters and two daughters and I don't know the first goddamn thing about how women think. All right, how about a restaurant? Want to run a restaurant?
How's it work?
Well, the whole idea is to run a restaurant that looks like it's making money when it's not.
Usually it's the other way around.
Usually, yes. Usually you want to hide your profits. In this case, we want a restaurant that is a good, decent place that makes almost no money. We got a couple in Little Italy and one up on Fifty-sixth Street. We found out that Mexicans can sound like Italians. You teach them a few words- buon appetito, whatever-and the tourists can't tell. The restaurant has a private room where it throws a lot of big parties. We make sure it gets used legit from time to time. We take payment in cash only for this room, that's the policy. This income is reported, incidentally. Except that the room isn't used much. The payment for the room is cash that is coming in from another part of the business, like the numbers operation. We take this money and we pretend we threw a big party at the restaurant. Two hundred people, music, food, expensive wine, the whole thing cost sixty, seventy thousand. Except it didn't. It never happened. But the cash came into the restaurant. The only record of the party is like Thursday, 6:00 p.m.,
