Word: broker
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Dates: during 1930-1939
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Five months ago Impresario Maurice Frank persuaded W. A. Conant, Beverly Hills real estate broker, and wealthy, retired Opera Singer Mme Emma Loeffler de Zaruba to help build a grand opera association in Los Angeles. At the in stance of Mme de Zaruba, a little doubt fully, Impresario Frank picked young James Guthrie to conduct. On the crucial night, most of the town's topnotch musicians were tied up with the Philharmonic...
...darkest days of the 1929 stockmarket crash, when almost every rumor was a libel, Broker Michael J. ("Mike") Meehan sauntered up to one of his partners, said cheerily: "Well, I understand I'm broke. Guess we'd better give all the boys in the office a two weeks' bonus to prove...
...bother even optimistic Mr. Meehan. His firm did some heroic retrenching in the way of lopping off branch offices, including those at sea on crack transatlantic liners. But reports that the high-strung, red-haired onetime theatre ticket agent had lost his last shirt were exaggerated. Year ago Broker Meehan presented his son on his 21st birthday with a $130,000 seat on the New York Stock Exchange...
...same week he bought his son's present, Broker Meehan received a present from the Securities & Exchange Commission in the form of a summons to show cause why he should not be suspended from all U. S. stock exchanges for alleged manipulation of Bellanca Aircraft stock. Hotly denying that he had been jiggling Bellanca or any other stock, Broker Meehan prepared to defend himself...
...Broker Meehan had plenty of time to brood upon his case before the SEC's hearing got under way. Then last spring in the middle of the proceedings his attorney had to announce: "It is unfortunate that Mr. Meehan cannot take the stand in his own defense . . . his doctors inform me . . . that the state of his health is such that it is impossible for him to appear. I understand that the Commission's doctor ... is of similar opinion." Broker Meehan dropped from the news, and the Meehan case, still undecided, dragged on without...