Word: broker
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Brenda Frazier at 17 is shapely, wide-eyed, with a striking shoulder length of blue black hair. Her grandfathers were a Chicago grain broker named Frank Pierce Frazier and Sir Frederick Williams-Taylor, a Canadian capitalist who used to manage the Bank of Montreal and whose Lady is social matriarch of Nassau. At eleven, she struck the Sunday supplements as the centre of a scandalous financial row between her divorced parents, each of whom sought to prove the other unfit to be her custodian. Fight and notoriety continued until her father died...
...fine spring-fever day in 1929 a high-keyed, hawk-nosed, 28-year-old publisher named George Macy paid a well-plotted call on a Wall Street broker named Jack O. (for nothing) Straus. Publisher Macy was in search of an angel. He outlined for Broker Straus a heavenly publishing scheme: limited editions. "Wait here for me," said Straus. A few minutes later he reappeared, handed Macy a fistful of checks. They were for $1,000 each. To fellow brokers downstairs on the floor of the Stock Exchange he had merely whispered the compelling cantrip of the bulls...
Rugged, red-faced James Norris is a rich Chicago grain broker, noted for his smart trading. He also owns the Detroit Red Wings (major-league hockey club). Last week when the Red Wings lost their seventh game out of nine this season, it was too much for Owner Norris. Dipping into his gold-lined jeans, he persuaded the league-leading Boston Bruins to sell Goaltender Cecil ("Tiny") Thompson for $15,000 (highest price ever paid for a goalie). No less shocked than hockey fans was Tiny Thompson (so named because he is so big), who had been with the Bruins...
...York and other financial centres last week the Securities & Exchange Commission began cleaning up an international "front money" racket. As uncovered by SEC on the West Coast, the racket works as follows: a broker with a luxurious office advertises he can obtain capital up to $100,000 for persons with ideas or assets to capitalize. The sucker pays $250 to $2,500 to file a prospectus, smaller fees to organize a corporation and qualify its securities in New York. One Paul E. Reinhardt, front man for front money in Los Angeles, told SEC that for none of his 150 clients...
...London, the Almost Modern Order of Purchasers, a 17-year-old society whose 250 members are men "of good repute, who have made a darned stupid mistake or been badly done," met for its semi-annual dinner. Newest member: a patriotic stock-broker who was so carried away during the European crisis that he enlisted simultaneously in the Army, the Navy, the Air Force...