Word: bond
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Dates: during 1930-1939
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Lurid stories have got into tabloid print as to how he and his associates gave whoopee parties with show girls to dazzle public officials and promote their questionable bond sales. Their inflation of real estate values was denounced in the Senate...
...Federal Government were closer than ever before to an inevitable show-down with Chicago's Alphonse ("Scarface Al") Capone. Out on appeal from a six-month sentence for contempt of Federal Court (TIME, March 9), Capone was arrested for Federal income tax evasion, released on $50,000 bond...
...defunct Bank of Aurora in his home town. These collections, according to the charge, went into a "Brunk Rent Account" from which the State Treasurer's private indebtedness to the bank was gradually liquidated. Another charge was that Brunk got a $10,000 gift from a Chicago bond house for authorizing one of its issues on a St. Louis apartment house as collateral for State deposits. The Brunk defense claimed he knew nothing of the Bank of Aurora arrangement, that the $10,000 was a personal loan...
From a purely fiscal standpoint, the case promised to be most complex. Vanloads of ledgers and papers will be produced by both sides. For example, every phase of the $10,000,000 Royal Mail 5% debenture bond issue of 1928 will be minutely examined, the Crown trying to prove that this was a barefaced swindle by the Knight of Justice of St. John of Jerusalem. He sold these shares, the Crown charges, by telling the public that Royal Mail was earning enough in 1928 to cover interest on the debentures five times, whereas for the past seven years the Royal...
Abram Edward Fitkin was the son of a harnessmaker, had twelve brothers and sisters. He studied for the ministry, married at 17. Five years later he announced: "It is better to be a good businessman than a poor minister." He became a bond salesman, saved up $75,000 from commissions...