Arnold Rothstein
3 quotesBusinessperson · Born Jan 17, 1882 · Died Nov 6, 1928 · United States Of America · Male
Arnold Rothstein (January 17, 1882 – November 6, 1928), nicknamed "the Brain", was an American racketeer, businessman and gambler who became a kingpin of the Jewish mob in New York City. Rothstein was widely reputed to have organized corruption in professional athletics, including conspiring to fix the 1919 World Series. According to crime writer Leo Katcher, Rothstein "transformed organized crime from a thuggish activity by hoodlums into a big business, run like a corporation, with himself at the top". According to Rich Cohen, Rothstein was the person who first realized that Prohibition was a business opportunity, a means to enormous wealth, who "understood the truths of early century capitalism (giving people what they want) and came to dominate them". His notoriety inspired several fictional characters based on his life, portrayed in contemporary and later short stories, novels, musicals and films. Rothstein refused to pay a large debt resulting from a fixed poker game and was murdered in 1928. His illegal empire was broken up and distributed among a number of other underworld organizations and led in part to the downfall of Tammany Hall and the rise of reformer Fiorello La Guardia. Ten years after his death, his brother declared Rothstein's estate was bankrupt. 2Early life and education Arnold Rothstein was born into a comfortable life in Manhattan, the son of a well-off Jewish businessman, Abraham Rothstein, and his wife, Esther. His father was a man of upright character who acquired the nickname "Abe the Just