Word: brokering
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Inquisitor Seabury first gave tongue last fortnight by revealing that the Mayor had been given $26,535 worth of bonds by a broker whom he had seen only once before but for whom it was in the Mayor's power to do a potent favor. The broker's name was Joseph A. Sisto. His firm issued the securities of Parmelee Transportation Co. which owns the city's biggest taxi fleet (2,300 cars). Broker Sisto met the Mayor at Atlantic City in the summer of 1929. The following autumn he sent his gift, made "in admiration," around...
...increase in stockholders would seem to represent a much greater public participation in the market during the past two years, it paradoxically represents to a fairly large degree the withdrawal of the public from active trading in the market. Stock carried on margin is usually registered in the broker's name...
Into his syndicate Broker Meehan drew 63 participants. The biggest names were mostly Irish and Roman Catholic-the late Nicholas Frederic Brady, Thomas J. Regan, William F. Kenny. John Jacob Raskob, each down for 50,000 shares, each depositing $1,000,000. In Broker Meehan's wife's name was another $1,000,000 deposit, for 65,000 shares. Several other wives were listed for large amounts. In for lesser amounts were Percy Avery Rockefeller, William Crapo Durant, Walter P. Chrysler, Herbert Bayard Swope, Detroit's Fisher Brothers. Senator Norbeck was amazed to learn that Comedian Eddie...
...York Harbor aboard a ferry boat, Harold Donahue and John Cusack, brokers, eyed a man of scholarly mien for a long time. They approached the man peered into his face. "You're Stalin!' accused Broker Donahue. The man protested that he was Dr. Cornelius Mezei, pathologist of Sea View Hospital. "You're Trotsky!" contradicted Broker Cusack, grasping Dr. Mezei firmly by the cravat When the boat docked, Brokers Donahue & Cusack turned their find over to Federal agents, who promptly released him. Said Dr. Mezei: "They wanted to see my passport. They said they were Secret Service...
...courage of his indiscretions, Henry C. Murphy of the Curb Exchange, appeared before the Prohibition Administrator with the information that he had been detained in a Manhattan West Side saloon for 48 hours, liquored, doped, threatened, made to sign $2,000 worth of checks. Three Prohibition agents accompanied Broker Murphy to the place, arrested three startled men and two women for violating the Prohibition Act. Well pleased, Commissioner Mulrooney's men started building up evidence for a kidnapping charge against the prisoners, a crime punishable in New York with from 20 years to life imprisonment...