Frank got back to Lisner and told him he was in. He then explained the money situation. Lisner put up an argument initially, but backed off. He said the target, also named Jerry, planned to come to town in a couple of days and would be staying at Caesars Palace. “Why don’t we meet in his room and work out the details?” Lisner suggested.
“I’m going to pass on that. You never know when a room might be bugged.”
“Yeah, I hadn’t thought of that. How about the Jubilation?”
“That sounds better. We’ll meet there.”
Florida Jerry was a New York–Florida guy, the kind that talked out of the side of his mouth. He asked Frank where the $400,000 he wanted to exchange came from. “I can’t tell you,” Frank said. “But it hasn’t been reported as missing yet, so I want to move it as soon as I can. If you want to make the deal, fine. If not, we’ll find somebody else.”
“I’ll have to talk this over with my father and get back to you,” Florida Jerry said. “I’ll let Lisner know what we decide.”
“Do what you gotta do. But I want to get this done within a week,” Frank said.
Florida Jerry agreed to the proposal and the next week Lisner and Frank were in D. C. They stayed at a big hotel for almost $300 a night waiting for Florida Jerry to arrive. On the second day there, Lisner called Florida to find out what was going on. Florida Jerry was apparently having second thoughts. He gave Lisner the run-around, wanting to put up less money. Lisner went back and forth with him. Frank finally told Lisner, “Tell him we’ll do it the way he wants. We’re not going to give him any money anyway, so what difference does it make?”
Even after they agreed to his terms, Florida Jerry still wouldn’t go for the deal. Frank got him on the phone and told him to go fuck himself, then he and Lisner flew back to Vegas.
Frank wasn’t happy and Lisner must have sensed it. While they were on the plane Lisner cried on his shoulder. “I’m real sorry about this thing blowing up on us. I thought for sure we had him.”
Frank masked his anger. “Time is money and we blew a lot of both. But shit happens, so forget about it.”
“I’ll tell you what, I’ve got a Quaalude deal in the works. I can cut you in on that and you’ll at least get your money back.”
“I don’t handle drugs,” Frank said.
Lisner persisted, “There are a lot of outs for them and you won’t have to touch them yourself. I’ll get you five thousand Quaaludes for five grand. You’ll be able to sell them for ten, doubling your money.”
That sounded good to Frank, so he said okay. The next day he had the Quaaludes and told Tony about them. “Get rid of them fuckin’ things quick. I don’t want any drugs around,” Tony said.
Frank sold the Quaaludes to a local kid for $10,000, gave Tony half, and kept the other half for himself. Because Frank had no use for Lisner and didn’t consider him to be a business partner, he decided to stiff him. He told Lisner he had to dump the drugs because the cops were on him. Lisner probably didn’t believe him, and resented not getting paid. But there wasn’t much he could do about it, at least not then.