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...world-famed Jewish medical men was thinned as specialists and hospital heads chose death by their own hands. Other prominent suicides were bespectacled Baron Odo Neustaedter-Stuermer, a Heimwehr leader under Dollfuss; Financier Gottfried Kunwald and Dr. Otto Russo, director of Austria's largest bank, the Oesterreichische Credit-Anstalt. At week's end erudite Egon Friedell, Jewish historian and playwright, jumped to his death from a fourth-floor window...

Author: /time Magazine | Title: AUSTRIA: 'Spring Cleaning | 3/28/1938 | See Source »

...able to open the 20th national meeting of the National Foreign Trade Council asserting: "Our convention opens in an atmosphere of more confident assurance re- garding the future than at any period during the past three years." ¶ In Vienna, result of efforts to settle the affairs of Credit-Anstalt, Great Austrian bank that closed in 1931, the Government arranged with the bank's creditors that henceforth Credit-Anstalt's president 1) must reside permanently in Vienna; 2 ) devote himself exclusively to the bank's business. Immediately the bank's president, Baron Louis Rothschild, head...

Author: /time Magazine | Title: Business: Corollaries | 5/8/1933 | See Source »

...honor, alphabetical only, fell upon Abraham & Straus, Brooklyn department store. For Abitibi was declared bankrupt, its transfer office closed, its shares stricken from the Big Board. Abitibi's troubles were only one storm-centre in the mightily troubled newsprint industry.- Another stock stricken last week was Oesterreichische Credit-Anstalt fur Handel und Gewerbe, the name of which will play an important part in all financial histories of the present era. Formed by imperial decree in 1855, this Rothschild bank became the most important commercial house in southeastern Europe. When a run began on it last year. Austria tried...

Author: /time Magazine | Title: Business: Deals & Developments | 10/10/1932 | See Source »

Steyr is one of the best automobile names in Austria, but so poor is the country, so hemmed in by the tariff walls of neighbor states, that Steyr earns only minute profits, nearly all of which go to satisfy its major creditor, the Bank Boden-Credit-Anstalt. Blatantly last week the Socialist newsorgans of Vienna screeched that Boden-Credit-Anstalt "has its Capitalist foot on the neck" of Steyr and other Austrian manufacturing firms, charged that the bankers are keeping the businessmen down and starving the workers, because only in this way can they "keep money control of the Austrian...

Author: /time Magazine | Title: Foreign News: Ford Abroad | 4/7/1930 | See Source »

...story: the Socialists say that Sir Percival Perry, General European Manager for Henry Ford, recently approached Steyr with a proposition that the factory be converted to make Ford parts. Steyr was willing, but Boden-Credit-Anstalt is supposed to have blocked the deal, fearful that such disturbing Ford innovations as high wages might be introduced into Austria...

Author: /time Magazine | Title: Foreign News: Ford Abroad | 4/7/1930 | See Source »

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