The Lasko Tangent

The Lasko Tangent Read Free Page B

Book: The Lasko Tangent Read Free
Author: Richard North Patterson
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he discussed the personal only by indirection. I guessed that he had called it off. But his friendship required recognition of limits I probably understood better than most. I tried to slide out on a light note.
    “You’re a hard man, Lane.”
    Greenfeld gave me a wry, sour smile. “I guess it’s just part of ‘being cool in the seventies.’” He used the phrase to mock his own detachment. But he could already identify a time when he had liked himself better. I wondered if that were the problem.
    Greenfeld snapped to the realization that his second persona was warring with his first. “I can give you a pretty good rundown on Lasko. He’s a splendid fellow.” Quickly Greenfeld was back on balance, his voice animated, as if his own working competence had given him a foothold.
    “One of America’s heroes,” I smiled. “Give me what you’ve got.”
    “Tell me what you know and I’ll fill in the rest.”
    “OK. Lasko’s about forty-five. Very smart. Son of a steel worker from Youngstown, Ohio. Nice place. Ran with a pretty tough crowd when he was growing up. Apparently he’s kept some for friends. Got drafted and became a Korean War hero of sorts, based on a not-too-surprising talent for killing people. He went to college on the GI Bill and then got an M.B.A. So far, a heartwarming but typical story of upward mobility. Then he somehow managed to get himself involved in Florida real estate, which is where he made his first money. Also did some land deals in Arizona. Supposedly, these were pretty sleazy—a lot of it involved selling undeveloped land to Mom and Pop pensioner types, although presumably he had no inherent objection to ripping off widows and orphans either. Things got sticky for him after a while, so he sold out his interests and bought a chain of nursing centers. Apparently he’d decided to make a specialty of the aged. From what I hear the nursing centers were better than Bergen-Belsen, but worse than Fort Benning. He sold them at a profit just before the state legal authorities decided to investigate. Which left him wealthy, but underemployed.” Greenfeld had reassumed the amused look. Occasionally, his eyes would focus on a fact, as if indexing it in proper order with his own information. I paused. He nodded me on.
    “The next part is more directly relevant. Lasko decided to become a captain of industry. In the early sixties, he bought a small outfit in Boston called Technical Instrument, which was into computer and electronic equipment. Lasko renamed it Lasko Devices, and built it up. Among his supposed techniques were strong-arming and blackmailing competitors, as well as industrial espionage. None of that has ever been proven. When the company got larger in the mid-sixties, he came out with a public stock offering. It’s traded on the New York Exchange. He also joined the conglomerate movement, and was sued for looting one of his acquisitions. He settled that one out of court.
    “Lasko Devices is still his main interest, though. He’s landed some good contracts with the Department of Defense and the company has increasingly taken over certain parts of the electronics industry. He’s also gotten more respectable. His success was helped along by mere garden-variety violations of the antitrust laws, like price-cutting. About four years ago, the Department of Justice sued to force Lasko to give up certain holdings of Lasko Devices so that he couldn’t monopolize parts of the electronics market. That would really hurt him and he’s fighting it in court. Other than that, Lasko has cleaned up his act. He’s traded in his white shoes for pin-striped suits. Lectures at business schools. Visits the White House. Has audiences with the Pope. Holds seminars on world poverty. He’s famous. He’s a prince. I love him.” Greenfeld smiled. I was out of material. “Does that do it?”
    “Well, it’s a decent start.” This was said with the cheerful condescension of the bright boy upon whom the

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