Jeffrey Grayson | |
---|---|
Born |
Salem, Oregon, U.S. |
May 4, 1942
Died | November 27, 2009 Portland, Oregon |
(aged 67)
Alma mater | University of Oregon |
Occupation | Co-founder of Capitol Consultants |
Spouse(s) | Susan Grayson |
Jeffrey Lloyd Grayson (May 4, 1942 - November 27, 2009) was an American businessman and criminal. A native of Oregon, he co-founded and later served as Chief executive officer (CEO) of Capital Consultants. Grayson made legally questionable loans to Wilshire Credit Corporation and its CEO Andrew Wiederhorn. Grayson was convicted of mail fraud along with his son Barclay Grayson.
Jeffrey Grayson was born on May 4, 1942, in Salem, Oregon. He and his twin sister Janet were born to N. Philip and Blossom Grayson, though the parents divorced in the 1950s. His father was a small business owner. He attended Duniway School in Portland and later graduated from Cleveland High School, also in Portland. Grayson then attended the University of Oregon in Eugene where he spent one year on the cheerleading squad and was a member of the Beta Theta Pi fraternity.
While in college his mother and stepfather were convicted of perjury and concealing assets during bankruptcy in 1961. Grayson graduated with a business degree from Oregon and then enrolled at Willamette University College of Law in Salem. He left after a single year to work for U.S. Bank in securities. Grayson’s twin sister died in a car wreck in 1967.
In 1968, Grayson and law school roommate Charles Swindells founded Capital Consultants. The company dealt with investment management. The company grew and by 1976 had $140 million in assets under its management including the pensions for Tektronix and county workers in Multnomah County. Capital Consultants was then the largest independent funds manager in the Pacific Northwest, and at one point had $1 billion in assets under management. The company then had a series of legal issues that included a suspension of the company’s trading license by the SEC and an investigation by the Oregon Attorney General.