Bernard L. Schwartz, Loral CEO Who Funded Democrats, Dies at 98
- He led satellite-communications operator for 34 years
- One of the biggest donors during Bill Clinton’s presidency
Bernard Schwartz and Hillary Clinton in 2005.
Photographer: Jimi Celeste/Patrick McMullan/Getty ImagesThis article is for subscribers only.
Bernard L. Schwartz, the longtime head of Loral Corp. who became one of the US Democratic Party’s top financial backers during Bill Clinton’s presidency, has died. He was 98.
He died on Tuesday at his home in Manhattan, according to his wife, Denise.