Word: couzenses
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Most questions which the Senate Finance Committee asked Henry Morgenthau Jr. last week before confirming his appointment as Secretary of the Treasury were routine. One that was not, involved the status of Mr. Morgenthau's dapper financial adviser, Earle Bailie, of Manhattan. When his name came up, Michigan'...
Senator James Couzens is not a forgiving man. All of his opponents are arch-opponents and he fights them to a finish. The St. Valentine's Day Massacre of Detroit's banks provided Senator Couzens with a set of arch-opponents among the citizens of his own city...
Dividends, In a short time, however. Inquisitor Pecora was making Mr. Lord uncomfortable. "The units of this group were milked to pay dividends," Mr. Pecora declared, "when earnings did not justify the dividends." Mr. Lord protested. Promptly Mr. Pecora produced "form letters" nearly identical in language written by Mr. Lord...
Senator Couzens: A good many people thought Teapot Dome was a joke.
Pools. Most reddening to Mr. Wiggin's face were Mr. Pecora's inquiries about pools in Chase's stock. Half a dozen pools, operated by a subsidiary of Chase Securities Corp. and various brokers in the years from 1927 to 1930, had traded in hundreds of thousands...