Gregorian Falstaff was a corrupt magnate that rivaled Bruce Wayne. Falstaff often came into conflict with Lucius Fox at Wayne Enterprises and secretly worked for Ra's al Ghul.
Falstaff's appearance hid how up-to-date on modern techniques he was, As a publishing magnate, his newspapers
regularly printed smear articles on Bruce Wayne; stating his fortune was built on the backs of the poor people.Lucius Fox's son believed this and joined Falstaff's company as an inside man.
Things began to fall apart when The Flash's enemy Captain Boomerang stormed into Falstaff's office. He had lost his life savings in one of Falstaff's crooked business schemes and demanded immediate repayment or else. The Batman captured Boomerang and saved Falstaff's life, but he also gave credence to the criminal's accusations.
With his "front" exposed,Ra's Al Ghul decided Falstaff was of no further use and disposed of him. Wayne Enterprises had no trouble buying up the suddenly leaderless Falstaff empire.