American greed martin frankel biography death

Through the '90s he created a bewildering web of insurance companies, bogus investment funds and phony charitable organizations, including an involvement with the Vatican that he pursued vigorously the summer of Born to a middle-class family of lawyers and public servants, Frankel was the son of a social worker dad and a city government clerk mom.

The youngest of four kids, he was a bright youngster but thin and awkward, with few friends. He grew to be a slender six-footer, bespectacled and inconspicuous. After graduating from high school the top of his class, he attended college but never completed his degree. Instead, he fell in love with Wall Street, an interest that became all-consuming.

He became a master of the stock market, commodities, securities, currencies. He entered a brokerage firm as a day-trader, but soon was dismissed over business conflicts.

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By the later '80s, Frankel set up a money management firm which he operated from his parent's home. He equipped his home with 80 trading terminals, satellite dishes, a fleet of imported cars and a bevy of female retainers. The women with which he surrounded himself were those whom he'd met through personal ads and the internet, women whom he provided with residences and cash.