Word: audits
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Dates: during 1930-1939
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...that freshmen can, if they will, easily get desired information from their advisers or from the official catalogue. The counsel of individual advisers, however ably given, is more than apt to be disregarded; and the catalogue is little more than a list. Equally futile is the suggestion that freshmen audit various courses to find their preference...
Brokers. Besides its investigation of Manhattan's Chase National Bank and its investigation of Associated Gas & Electric Co. already afoot, the Senate Committee opened still another investigation. Inquisitor Ferdinand Pecora sent the New York Stock Exchange a questionnaire so exhaustive that it would have required practically a complete audit of the books of all the Exchange's members, a study of some 10,000,000 accounts of customers with brokers. The Exchange refused to answer, saying it had no authority to gather such information. Promptly a dozen prominent brokers were summoned to Washington for questioning and Inquisitor Pecora...
...year end 34 directors of Union Trust owed their bank $9,250,000. Nearly $7,000,000 of these loans were either "under water" (inadequately secured) or delinquent in interest, or both. ¶ Three Union Trust directors who made an independent audit last December found $11,700,000 of loans to the Brothers Van Sweringen. These loans were under water and delinquent for $1,000,000 in interest, and the directors stated at the time that these loans "have done more than any other single factor to undermine public confidence in this institution. ... It is our opinion that these loans...
...contracted with the late Ivar Kreuger to purchase a "dominant interest" in Ericsson, made a down payment of $11,000,000, and received Ericsson stock of equivalent value. Then it asked for an audit. It was this audit, disclosing Kreuger's false statements, which wrote the final chapter in the Match King's career. Sosthenes Behn declared he would cancel the deal, asked for his money back. He has yet to see it. So he kept the Ericsson stock, which gave him a 20% voting interest. It was this block which, subject to the approval of the Swedish...
...industry as a whole," was to make it possible for producers to hire talent without competitive bidding. Actors, writers, directors and especially agents were against the proposal. Organized opposition came from the Academy of Motion Picture Arts & Sciences, which has supported studio employes in their demand for an audit of studio books as a preliminary to the wage cut. After a stormy meeting of the Academy's directors Cinemactor Conrad Nagel, the Academy's president, resigned last week. Cinema writers got a union organizer to help them reform the Screen Writers' Guild. Its 312 members agreed...