Saturday, April 1, 2017
Stephen K. Bannon, architect of anti-globalist policies, got rich as a global capitalist
Stephen K. Bannon was running an investment banking company in Beverly Hills when his partner called with urgent news: a potential $10 billion deal was about to unfold in New York City involving a company they hoped to continue representing — and they didn’t want to be left out of the action.
Bannon, then in his mid-40s, told his business partner to meet him at the Los Angeles airport in an hour. Soon, they appeared at the Manhattan offices of PolyGram, a worldwide music company that they had previously represented in a film deal and now was for sale.
Before long, Bannon came up with an angle.