Buzzy the banker

PART 5: Insider shenanigans, intelligence, profits

This is part five of a series. Here is a guide to the whole thing.

If you had $2,500 to spend on lunch in early 2020, you could have heard A.B. “Buzzy” Krongard speak at Club Collette, in his new hometown of Palm Beach. The retired banker is in his 80s now, and the short blurb for the event includes a line that isn’t in his traditional biography, noting Buzzy had “various other connections with the Agency” before he worked there full time starting in 1998.

In an earlier TrueHoop story, a banking colleague says Buzzy recruited him to the CIA in 1992. It’s impossible to know exactly when Buzzy’s intelligence duties might have started, and how they might have intersected with everything else in his life. 

Including, conceivably, his son Alexander Krongard’s military career. The younger Krongard became a decorated leader in the special forces, leading various different SEAL teams. One way the two Krongards might have had work overlap: Erik Prince was a SEAL in the early 1990s, and—we’ll expl…