The interruption of the wire service had a dramatic impact on gambling in Los Angeles. Without the wire, the ability to roll money quickly from one race into the next was greatly diminished. The most profitable gambling establishments, the so-called horse parlors, where bettors came into a room and placed cash bets directly, one race after the other, disappeared almost overnight. Instead, bettors were directed to call “runners,” who took bets over the phone (customers were given an unlisted number and a code word) and then relayed them back to a central office, where bookies collected information via long-distance telephone calls. Volume diminished, and, as the time required to receive results increased from a few minutes to half an hour or longer, the risk of “past posting” increased. The single most lucrative source of Syndicate revenues in the Southland was being squeezed.
Mickey Cohen felt the pinch. But the impact of the wire shutoff wasn’t limited to his pocketbook. The wire service was not just a source of vast profits for the Syndicate: Because every serious bookie needed it, the wire was also a tool for licensing and organizing gambling in every big city across the country. “[T]he inevitable result [of its termination],” predicted Olney, “will be the disorganization of bookmaking and the eradication of the organization upon which the Capone Syndicate could and would have based its organizat ion of the California underworld.” Cohen understood the threat. But he was preoccupied with a more pressing problem: the people who kept trying to kill him.
Mickey accepted the fact that his chosen profession entailed risks. That local crazies like Maxie Shaman would occasionally come at him was no surprise. What was a surprise was that professional hit men would repeatedly try to kill him. Bugsy Siegel had died because he’d angered virtually every other top figure in the Syndicate. Mickey hadn’t. On the contrary, he’d gotten the nod to take over Bugsy’s book. Manhattan mobster Frank Costello, the most influential Mob boss in the country, backed him. So did the Cleveland outfit, a far larger presence in Los Angeles than is commonly realized. A rogue hit of the sort attempted at Sherry’s—one that endangered civilians and nearly killed a policeman—seemed like something no professional criminal would do.
But not only had someone made the attempt, they were continuing to do so. And if they couldn’t touch Mickey directly, they were prepared to do the next best thing. They would target the members of his gang. Ironically, it was Cohen’s sense of street justice (and his instinct for good PR) that made him vulnerable.
THE TROUBLE STARTED when William Randolph Hearst’s
Pearson’s business practices had long attracted unfavorable attention: Police Commission chief investigator Harry Lorenson would later describe him as “the most dishonest businessman in the entire city.” When Cohen heard about the incident, he saw an opportunity to burnish his image. He and seven of his boys went over to West Adams to talk with Pearson about returning the widow’s house. When Pearson refused to yield to reason, Mickey’s cohorts gave the recalcitrant radio repairman a severe beating, cracking his skull and fracturing his right arm—before a large crowd of cheering neighbors.
As Cohen was leaving the scene to get into his car, one of his henchmen, a three-hundred-pound former prizefighter named Jimmy Rist, rushed up.
“Hey, the guy’s got a thing back there that listens to things!” he informed Mickey. “He’s got everything on it that went on.”
“Well, take that son of a bitch machine out of there,” Cohen snapped, before jumping into his Cadillac and heading back to his office. Rist hurried back to Pearson’s shop to carry out Mickey’s orders. What Rist didn’t know was that a neighborhood photobug had been shooting pictures of the entire episode from across the street.