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Alfred S. Bloomingdale Credit

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Alfred Schiffer Bloomingdale (April 15, 1916 - August 23, 1982) was an heir to the Bloomingdale's department store fortune, "father of the credit card", and the lover of murdered Hollywood prostitute and dominatrix Vicki Morgan.


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Early life and education

Bloomingdale was born into great wealth on April 15, 1916 in New York City. He was the son of Rosalind (née Schiffer) and Hiram Bloomingdale, and the grandson of Lyman G. Bloomingdale, a co-founder of the famous department store Bloomingdales. Bloomingdale attended Brown University in Providence, Rhode Island, where he was a member of the football team as well as Delta Kappa Epsilon fraternity (Upsilon chapter).


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Career

To facilitate the need of his wealthy friends who liked to patronize New York city's upscale restaurants following a night at the theater, Bloomingdale launched a credit card business called "Dine and Sign" that meant people on a night out no longer needed to carry large sums of cash. In 1951, he merged his company with Diners Club and joined the rapidly growing business as an executive, becoming chairman of the board of directors in 1964. In 1969, he left Diners Club, acquiring its "International Floatels" division.


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Personal life

In 1946, he married, secondly, to Betty Lee Newling, a practicing Roman Catholic, movie starlet and daughter of Dr. Russell Lee Newling, an Adelaide, South Australia-born American physician, with a practice in Beverly Hills. Alfred and Betsy Bloomingdale had three children:

  • Geoffrey Bloomingdale (born 1950);
  • Lisa Bloomingdale Bell (born 1951); and
  • Robert Russell Bloomingdale (born 1954).

Bloomingdale and his wife Betty were friends and confidantes of Ronald and Nancy Reagan. In 1981, following his election to the U.S. presidency, Reagan appointed Bloomingdale to the President's Foreign Intelligence Advisory Board and the following year named him a member of the United States Advisory Commission on Public Diplomacy. Although born to a Jewish family, Bloomingdale became a Catholic to marry his second wife, and later became a member of the Knights of Malta. The Bloomingdales maintained homes in New York, the Holmby Hills section of Los Angeles, and an apartment in the Watergate Hotel in Washington, D.C.

Vicki Morgan affair

In 1970, while in Los Angeles, 54-year-old Alfred Bloomingdale began an affair with 18-year-old Vicki Morgan. For 12 years, Bloomingdale kept her in a luxurious apartment, showering her with expensive clothing, jewelry, and cars. When Alfred was diagnosed with terminal cancer, his wife Betsy cut off Morgan's allowance. Soon after, the affair with Vicki Morgan made headline news as its unsubstantiated and sordid details, which included allegations of sado-masochistic activities instigated by Bloomingdale, were made public after Morgan filed a multimillion-dollar palimony lawsuit against Bloomingdale's estate. The case against Bloomingdale's estate was quickly dismissed by the courts. Morgan eventually moved into a low-rent condominium in the San Fernando Valley where she rented a room to a schizophrenic named Marvin Pancoast, whom she knew from the withdrawal clinic. In July 1983, Pancoast beat her to death with a baseball bat.

Death

Alfred S. Bloomingdale died of throat cancer in 1982 in Santa Monica, California, aged 66. He is buried at Holy Cross Cemetery in Culver City, California.

Source of the article : Wikipedia



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