Like many, I was thrilled with so very much of HBO’s BOARDWALK EMPIRE series. Sure, the problem took some creative liberties in the detailing of specific events, but it often did that when trying to concoct a more cohesive narrative for the audience’s interest. To be fair, there were so many colorful characters of those bygone days, and I imagine it may’ve been difficult in the writers’ room figuring out which major figure was going to get the lion’s share of available screen time; but – before it ended – I suspect many were thrilled with that rare opportunity of re-examining history via some modest fictional contrivances.
One of the most interesting portrayals I thought EMPIRE did was that of Arnold Rothstein, played in the series by Michael Stuhlbarg. As a long-time fan of most things involving Prohibition, I was thrilled to finally see ‘the Big Bankroll’ as he was known brought to life; so much of Roaring Twenties crime dramas have put the focus on Al ‘Scarface’ Capone, but those of us familiar with the subject matter known that there were many equally captivating individuals. Finally, some light was shed on Arnold, and this encouraged me to finally pick up THE BIG BANKROLL: THE LIFE AND TIMES OF ARNOLD ROTHSTEIN.
Written by Leo Katcher, BANKROLL isn’t anything necessarily fresh or new. In fact, the book was first published in 1958, putting it thirty years after Rothstein himself was cut down in the prime of his life (physically, but perhaps not so much fiscally). Katcher opens with a marvelous framing device – he essentially puts the reader in-the-moment of Rothstein’s ‘assassination’ – and then segues back in time (as it were) to deliver the more biographical highlights of the man’s life. By doing so, the writer underscores that things certainly won’t end well for the mob’s chief financier, and he credits his audience with being able to now follow on the journey through the life that was.
Once establishing the particulars of Rothstein’s family life – that being his family’s strict adherence to Jewish faith – Katcher then masterly spools through so many events which portray just how far from those humble, structured beginnings Arnold travels. It doesn’t take long for the young man’s interests in amassing a particular fortune sets those cerebral wheels in motion, forcing Rothstein to constantly up-the-ante on his expectations. Did this psychological tendency turn him into one of the Roaring Twenties’ most prolific gamblers? I didn’t feel Katcher ever concluded that definitely, though it’s clear how one might reach that conclusion. As for Arnold? He kept pursuing what he thought was what life had intended for him, and he rarely if ever took his eyes off that prize, even though it may’ve clouded his reasoning to a degree in the last few years of his life.
It’s a terrific read, due in large part to Katcher’s almost journalistic insistence on defining everything. In order to do so, the writer had to use many pages to explore tangentially some of the other people as well as the mechanics of early 20th century gambling and pool halls. As a consequence, there are several long passages within BANKROLL that feels as if it’s part of someone else’s biography; Katcher tried very hard to always put context into Rothstein’s life, even when doing so meant a healthy sidetrack expanding on key players in the man’s burgeoning regime. Also, Katcher used an awful lot of ink explaining ‘bucket houses,’ so much so that I found some of it mildly – well – boring. A helpful edit probably would’ve turned in a thinner manuscript, but when the devil resides in details and you’re talking about the devil I can understand one writer’s insistence on keeping it whole.
Still, there are parts of Rothstein’s legacy that remain lost to history. We know that the mob rifled through all of the man’s paperwork upon his demise, and we’ll never know with any certainty what was taken away and sheltered from inquiring eyes. I think it’s safe to conclude that we’ll never understand just how large the Big Bankroll’s own empire may’ve stretched. But if you’re looking for an excellent summation of events and you’re willing to sift through some of the fine points then you’re in for as compelling a portrait of one of gangdom’s most interesting geniuses.
HIGHLY RECOMMENDED. THE BIG BANKROLL: THE LIFE AND TIMES OF ARNOLD ROTHSTEIN benefits from being originally written much closer to the days wherein ‘the Big Bankroll’ himself did business on the streets of old New York (Katcher’s book was published three decades after Rothstein’s death in 1928), allowing the author an opportunity to interview surviving gangsters and (ahem) businessmen who knew him well. Still, I thought the piece dragged a bit in the middle wherein the author dedicates a fair amount of space to the minutiae of operating some of the Roaring Twenties most prolific scams. It comes back to life in the end, drawing to a close the portrait of gangland’s original super-intellect.