Word: bankes
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Dates: during 1930-1939
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...roll is a long one. Choosing at random the name of Albert Wiggins of the Chase National Bank comes to mind, and then Charles Mitchell of the National City. They manipulated their funds or rather those of their depositors, with masterly insouciance and in a devil-may-care fashion that compels the admiration of the less gifted; or, shall it be admitted, the less scrupulous. Working westward, the van Sweringens and Mr. Eaton of Cleveland have lighted their little hour or two and are gone. Only a tangle of smooth tar roads and buried sewer pipes out in the hinterland...
...national treasury. Her money is the soundest in the world. Not a single foreigner owns a Venezuelan government bond. There is practically no unemployment. Farmers pay no land taxes at all and may borrow up to 50% of the value of their land from a government farm bank. The country, with nearly 4,000 miles of good roads, claims the finest highway system in Latin America...
Senator James Couzens is not a forgiving man. All of his opponents are arch-opponents and he fights them to a finish. The St. Valentine's Day Massacre of Detroit's banks provided Senator Couzens with a set of arch-opponents among the citizens of his own city. Some of them accused him of keeping the RFC from going to the aid of their banks. He accused them of shutting off his revelations in their local investigation of the Detroit bank massacre. Senator Couzens is hard to shut off, especially when he is a member of a Senate...
...Chicago star last week chimed a similar story. ¶ After an investigation of the receiver ship of Insull Utility Investments, Inc. (since lapsed into bankruptcy), Federal Judge Evan Alfred Evans of Chicago last week ruled that Calvin Fentress had been appointed receiver by collusion between Insull and his big bank creditors. He approved the conduct of Mr. Fentress and his attorneys but denied them further fees, blazing: "As it was conducted in 1929 the investment trust was nothing but a glorified gambling institution. . . ." ¶ Samuel Insull Jr. and six other past or present directors of Northern Indiana Public Service...
...limestone palace near Miami which Herbert Hoover used as his pre-inaugural White House. More millions went into Penney Farms where an Institute of Applied Agriculture teaches Florida farming to Florida farmers. And at least three Penney millions went into a yawning Florida hole-Miami's City National Bank. In 1928 when City National was still teetering from the collapse of the land boom and the damage of the Great Hurricane, James Cash Penney and his associates bought control, injected $2,000,000 of fresh capital. When the winds of Depression began to howl, another...