Difference between revisions of "Frank Pearl"

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|description=Five times Bilderberger financier; "the richest and most influential man whom no one really knew." Accused of fraud after his death.
 
|description=Five times Bilderberger financier; "the richest and most influential man whom no one really knew." Accused of fraud after his death.
 
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==References==
 
==References==
 
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Latest revision as of 02:38, 18 November 2024

Person.png Frank Pearl NNDB SourcewatchRdf-entity.pngRdf-icon.png
(financier, publisher)
Frank Pearl.png
BornMay 27, 1943
New Haven, Connecticut, USA
DiedMay 4, 2012 (Age 68)
Cause of death
cancer
NationalityUS
Alma materUniversity of Wisconsin, American University School of Law
Member ofBrookings Institution
InterestsVernon E. Jordan Jr.
Five times Bilderberger financier; "the richest and most influential man whom no one really knew." Accused of fraud after his death.

Frank Hilton Pearl was a US businessman. "In Washington’s elite business and cultural circles, Frank H. Pearl was known as the richest and most influential man whom no one really knew."[1]

Pearl attended the Bilderberg five times.

Activities

Pearl was an adroit real estate attorney who helped launch the leveraged buyout boom of the 1980s. While still in his 30s, he charted the financial structuring for a seminal deal. With Pearl's help, Wesray Capital used mostly borrowed money to "leverage" an $80 million investment in Gibson Greetings into a $290 million public offering.[1]

As a Washington-based financier, Pearl kept an unusually low-profile in a city of big names and big egos, avoiding publicity most of his life even as he gathered considerable wealth, influence and connections while engineering leveraged buyouts in the 1980s as a partner at the Wesray Capital Corporation.[2] "Pearl was like the prince of smoke," said Bill Regardie, a businessman and the former publisher of Regardie’s, a magazine that chronicled the local business scene in the 1980s and early ’90s. "He was one of the those characters that you never really knew what he was doing. You never knew whether he had any money. He was one of those characters that floated around the businesses of Washington."[1]

He was a close friend of the deep state operative Vernon E. Jordan Jr.[3]

Fraud

A year after his death, "lawsuits filed by major banks that had extended him loans and his own investment firm allege fraud by the man once known for his Midas touch. Bank of America, TD Bank, Eagle Bank and Perseus have filed claims against Pearl's estate in D.C. and federal courts. In all, they are seeking more than $50 million."[1]


 

Events Participated in

EventStartEndLocation(s)Description
Bilderberg/200124 May 200127 May 2001Sweden
Stenungsund
The 49th Bilderberg, in Sweden. Reported on the WWW.
Bilderberg/200230 May 20022 June 2002US
Virginia
Chantilly
Westfields Marriott
The 50th Bilderberg, held at Chantilly, Virginia.
Bilderberg/20055 May 20058 May 2005Germany
Rottach-Egern
The 53rd Bilderberg, 132 guests
Bilderberg/20085 June 20088 June 2008US
Virginia
Chantilly
The 56th Bilderberg, Chantilly, Virginia, 139 guests
Bilderberg/20103 June 20106 June 2010Spain
Hotel Dolce Sitges
Barcelona
The 122 guests met in the Hotel Dolce Sitges, Barcelona, Spain.
Many thanks to our Patrons who cover ~2/3 of our hosting bill. Please join them if you can.


References