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Does crime pay?
Wall Street Crime and Punishment is a weekly series by Benzinga s Phil Hall that chronicles the bankers, brokers and financial ne’er-do-wells whose ambition and greed takes them in the wrong direction.
“I don t know quite how it happened that I m making $1 million a month,” said Cort Randell in a May 1968 interview with Time Magazine. “I just sit in the office and talk to people.”
At 32 years old, Randell was presented in the media as epitomizing all of the virtues and none of the vices of LBJ-era American youth. His company, National Student Marketing Corp., was considered to be one of the most innovative ventures of the day, successfully tapping into the high school and college market with a precision that the old-school corporations could never truly achieve. ....

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