In Retrospect: Colorado Building is Lefferdink’s legacy

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Private Equity: Alden Global Capital

In Retrospect: Colorado Building is Lefferdink’s legacy

Allen Lefferdink was broke when he arrived in Boulder. And, to the relief of his swindled investors, he left Boulder broke, as well. In-between, in the 1950s, the failed financier built a bogus multi-million-dollar empire based on worthless securities. He also left his mark on Boulder with the construction of the Colorado Insurance Building at 1919 14th Street. In 1949, the Nebraska native founded the Colorado Credit Life Insurance Company in a …