Wasn’t he somehow tied up with a Clinton campaign... and then got screw over?
Peter Paul was the one who got screwed.
Ronald Perelman acquired Marvel Comics in the late 80s and in the 1990s also acquired the major comics distributor then hooked up "must order every Marvel title to get the deep discounts AND the special limited deluxe variant editions" that nearly bankrupted the entire comics industry (retail stores and everything else).
In 1998, Ronald Perelman's Revlon offered Monica Lewinsky a six figure job (in exchange for her lying under oath in the Paula Jones case?). Clintonista Vernon Jordan was on the board of directors. Funny how all that works...