Word: bankes
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Dates: during 1920-1929
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...cash of all, compared to which Wall Street's organized money force is small. It astonished nobody, because 7,000 tickers are now hypnotizing greedy eyes in 40 states, leaving scarcely a middle-sized town from Maine to California where citizens may not actually see their savings bank withdrawals dance past their giddy eyes in strange, cryptic abbreviations three minutes after passing their checks to the broker...
Upon the reorganization of the century-old Bank of America last week as the Bank of America National Association, under the wise & facile advice of Amadeo Peter Giannini, the command went forth that stockholders of Giannini's California Bank of Italy and of his National Bancitaly Corp. might purchase BA.NA. stocks, but might not trade or assign their rights to those new securities...
Amadeo Peter Giannini, a Sicilian peasant by ancestry, acts the Roman patrician by nature. He believes himself the guardian as well as the leader of his clients. Because he knows that the ever-expanding activities of his bank and investment corporation tend to stir up speculation in their securities, he warns the unwary...
...Banks. The interrelation of Mr. Giannini's fiscal organizations seems inexplicable. It is not. As yet there exist only two great organizations, with their activities mainly in California and in New York. Later he hopes to have a web of banks in each of the twelve Federal Reserve bank districts...
...California. First there is the Bank of Italy, which he and his stepfather Lorenzo Scatena organized in 1904. Their first clients were the Italians of San Francisco and the heterogeneous fruit growers of the Sacramento Valley, whose pickings Amadeo Peter Giannini and Lorenzo Scatena had long & honestly been selling at commission. Soon there were Bank of Italy branches in the scattered communities of California...