Julian Pete, Loew's State, and "the Decade of Debauchery"

John B
3 Aug 2009 - 6:55am

C.C. Julian was the Bernie Madoff of 1920s Los Angeles, a charming Canadian con man who hit oil in 1923 and then discovered something even more lucrative, over-selling shares in oil syndicates to oil-crazed Angelenos. At its height, Julian's "Million Dollar Pool" attracted investors from Louis B. Mayer to H.M. Haldeman (father to Wategrate's H.R.) And from where did Julian and his trickster associate Jacob Berman run this scheme? Why take a look! CC julian

Yes, Julian worked just above downtown Los Angeles's most glamorous movie theater. So the next time you stroll past this,

Loews state

spare a thought for Julian Pete!

Date

Wednesday, 27 June 1923

List of locations from this post

  1. Julian's Office
    703 S Broadway Loew's State Theatre Building
    Los Angeles 90014

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