Word: bernards
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Dates: during 1930-1939
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...branches on 400,000 customers who had $160,000,000 deposited at the time. Investigation by the State revealed a vast tangle of suspicious irregularities. After two months eight officers of the bank were indicted for willful misappropriation of funds. Five were ordered to trial: President Bernard K. Marcus, son of the institution's founder; Russian-born Chairman of the Executive Committee Saul Singer; Counsel Isidor Jacob Kresel, one-time prosecutor of the city's police and judiciary investigation; Herbert Singer, 24-year-old son of Saul, law clerk in Counsel Kresel's office; Henry W. Pollock...
...Post for $3,000,000, is David Lawrence, smart talker & writer, publisher of the United States Daily. The Daily, which he financed by personally raising a vast sum of money from 72 "sponsors," has shown no signs of prospering. In the Post negotiations the names of Eugene Meyer and Bernard Baruch were mentioned by rumor as backers. But why David Lawrence wanted the Post was not made clear...
...have emerged from anonymity because of the size of their operations and the reputed size of the fortunes they have made by selling short, are William ("Bad Bill") Danforth and Bernard ("Big Ben") Smith. Last week's tall tale had it that Bear Danforth had decided to turn Bull; had decided to buy Can, Steel and other leaders; and believed, moreover, that his fellow Big Bears concurred in his change of financial heart. But Bear Smith, it appeared, had concurred in no such thing. So, while Bear-turned-Bull Danforth bought, Bear-still-Bear Smith sold. Mr. Danforth...
When stocks were going up Bernard E. Smith, floor trader with an office at W. E. Hutton & Co., was a bull. Not until the decline was well under way did he loom as a powerful bear. He is of medium height, fairly heavily built and a little mysterious to all but a few men in Wall Street. He is quiet, says "smack 'em" whenever stocks are mentioned. He has been mentioned as the No. 1 Bear in Case Threshing and is reported to have bet $1,000 that by the end of 1933 Case would sell lower than...
...replied, "Sure, I'm the brother-in-law of the Wolf of Wall Street." The New York World telephoned him to ask if this fact was true. He thought it was a joke, said yes. The next morning the World published a story in which it said that Bernard E. Smith was David Lamar's brother-in-law. Within 24 hours this statement was retracted...