Frank Pearl
 Frank Pearl     (financier, publisher) | |
|---|---|
 | |
| Born | May 27, 1943 New Haven, Connecticut, USA |
| Died | May 4, 2012 (Age 68) |
Cause of death | cancer |
| Nationality | US |
| Alma mater | University of Wisconsin, American University School of Law |
| Member of | Brookings Institution |
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
| Event | Start | End | Location(s) | Description |
|---|---|---|---|---|
| Bilderberg/2001 | 24 May 2001 | 27 May 2001 | Sweden Stenungsund | The 49th Bilderberg, in Sweden. Reported on the WWW. |
| Bilderberg/2002 | 30 May 2002 | 2 June 2002 | US Virginia Chantilly Westfields Marriott | The 50th Bilderberg, held at Chantilly, Virginia. |
| Bilderberg/2005 | 5 May 2005 | 8 May 2005 | Germany Rottach-Egern | The 53rd Bilderberg, 132 guests |
| Bilderberg/2008 | 5 June 2008 | 8 June 2008 | US Virginia Chantilly | The 56th Bilderberg, Chantilly, Virginia, 139 guests |
| Bilderberg/2010 | 3 June 2010 | 6 June 2010 | Spain Hotel Dolce Sitges Barcelona | The 122 guests met in the Hotel Dolce Sitges, Barcelona, Spain. |
References
- ↑ a b c d https://www.washingtonpost.com/business/legendary-financier-frank-pearl-left-behind-a-huge-legacy--of-mystery/2013/07/19/5719a108-ef30-11e2-bed3-b9b6fe264871_story.html
- ↑ https://www.nytimes.com/2012/05/06/books/frank-h-pearl-a-publisher-with-a-quest-dies-at-68.html
- ↑ https://www.nytimes.com/2012/05/06/books/frank-h-pearl-a-publisher-with-a-quest-dies-at-68.html
