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The Meat That Didr warehousing subsidiary. The staggering Iosses, believed to exceed $400 million, fraud, and every company Tino was associated with was suffering. Lokietz noted that except for a twist of fate, Merkel would have been bankrupted along with the rest of Tino's holdings. At the closing.of the Merkel deal, Lokietz had been required to make an $833,000-down-payment to Williams-McWilliams. argument over legal details. Lokietz came uip with his own Iender---he didn't disclose who. The day of the closing, he recalled, "was the Saturday before the: Monday this thing [the salad oil scandal] hit.the papers. Now, ordinarily, he would have been my partner. 'Cause he was the guy that got me the thing. But I finished up all the details. At the Iast minute, Tino says if I come up.with As Nicholson and Montello listened, Lokietz told a number of callers and visitors how much he admired Tino's fraud with the phantom oil, and he. speculated about how much money Tino had salted away. "I spoke to Tino :. yesterday, he told one person on the phone. "You know how much the take thirty-eight. That's right. Half a billion dollars. That was the grab. And if he has five Istashed awayl--if he has three-I'd like to be in that position. Packed up and ready to go to jail.'t (Tino'served seven years of a twenty-year sentence, and went back for a while to what apparently was a legitimate hog-butchering operation. Soon, however, he was again soliciting credit on commodities pur- chases, and people who trusted him were again Ieft millions'of dollars poorer. .Details are in Part Nine, Chapter Eight.)..: . The Tino De Angelis story was interesting, but it was not what Nicholson and Montello had bugged the office to hear. The name that the detectives were listening for most intently was that of Frank Kissel, the secretary-treasurer of :butchers' Local 174 and its most powerful officer (as the secretary-treasurer 'is in many.butchers' and Teamsters locals)! Kissel was a close friend of the mobster Lorenzo "Chappie the Dude" Brescia, former bodyguard for.Lucky Luciano. Brescia's brother Frank, himself never identified as a Mafia member or convicted of wrongdoing, :was (and still is at this writing) on Local 174's I payroll as a business agent. Kissel's-name came up soon,after' the bug was : installed, but not in the context the detectives expected. , .. ... : ..: :. : Lokietz was commiserating with another meat dealer who'stopped by his office. The other dealer complained that he was being shoved out of the. processed meats and sausage market by the expanding.empire of Harry R. "Buddy" White, Sr., who (with his son) owned White Packing Company--and : still does. "He's in Grand Union," Lokietz said disgustedly of White. *He was bumped from Grand Union five times. I pick up the phone to talk to the chief buyer there, he says to me, 'I would like to get Buddy White out of here