Word: cohn
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Dates: during 1960-1969
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...fight him on Nov. 1." Why was he so sore? Well, for one thing, Patterson first heard the news from a gas station attendant, who heard it on the radio. Then there were the promoters, Feature Sports, Inc. and their counsel. Lawyer Roy Cohn, 33, who has come a long way from the Cohn and Schine days with the late Senator Joe McCarthy. Declared Patterson: "Cohn thinks I'm an insolent, dumb backwoodsman. Before the last fight, my lawyer asked Cohn if I shouldn't see the fight contract. And Cohn said, 'Floyd? Can he read...
Lionel's chairman, and the chief of a syndicate that took over the failing company last year and put it on its feet, is Roy M. Cohn, longtime aide to Senator Joseph McCarthy and leading inquisitor in McCarthy's bitter row with the Army. Cohn viewed more than 25 executives and engaged two management consultant firms before finding "the impossible man." "They said he didn't exist," said Cohn, "but here he is." Medaris takes a prudently tolerant view of working with the Army's former antagonist, says: "Let us forgive the mistakes of youth...
...briefly with journalism as Palestine war correspondent for the Boston Post before entering the University of Virginia law school ('51). He managed Jack's Senate campaign in 1952, then joined Senator Joe McCarthy's investigations subcommittee and feuded constantly with equally quick-tempered Chief Counsel Roy Cohn. Appointed counsel of the Senate rackets committee in 1957, he flayed Teamster hoods and faced down Jimmy Hoffa, added color to Brother Jack's campaign as a cocky crusader and bestselling author (The Enemy Within}. Father of seven, he got home to his wooded northern Virginia estate infrequently...
Lightfooting it around the globe, Cohn juggled loans from U.S. and foreign moneylenders, borrowing from one to pay another. With his associates, Cohn last October borrowed $339,000 from the Mastan Corp. in Manhattan at a monthly interest rate of 1½%, and $532,000 from a Hong Kong moneylender, Commercial Investment Co., Ltd. With the help of this money, the Cohn group bought the controlling interest in Lionel. A month later Cohn borrowed $400,000 from Atlantidi, S.A., a Panamanian moneylender, used it to pay off the Mastan Corp. loan. Last month Cohn borrowed an additional $365,000 from...
...using these U.S. and foreign moneylenders, Cohn neatly sidestepped Federal Reserve Board regulations that inhibit U.S. banks from lending money to finance stock purchases. The disclosure of Cohn's financial maneuvering came as a result of a special interpretation of a Securities and Exchange Commission rule that in the future would mean that a company's controlling stockholders must tell how they financed their holdings. Lionel's proxy statement also disclosed that Cohn had financed the purchase of 14,587 shares of Lionel stock for Paul M. Hughes and his wife. A year ago Hughes was named...