Word: crashing
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Dates: during 1930-1939
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...last week interested Federal Judge Walter C. Lindley, grilling Chicago bankers to see whether fraud had been practiced in getting him to grant a receivership to Insull's great Middle West Utilities Co. Bankers described the uneasy last days of secret meetings and suspicions before the April 1932 crash of Insull's jerry-built Jericho. Said the First National Bank's executive vice president, slow-spoken, huge-shouldered Edward Eagle Brown: "We didn't discuss all this in Mr. Insull's presence. He was the most dominating man I ever knew. You wouldn...
...resolved that in their "deliberate judgment" deposit in surance involved dangers both "genuine and serious." And ever since Jan. 1 when limited Federal deposit insurance became effective for $15,345,832,955 in 54,000,000 accounts, the bankers have been holding their breath waiting for the first crash. Up to this week not one of the 13,431 insured banks throughout the land had closed its doors...
...Doom in Holland is always stiff with etiquet. A Court Gazette tells the miniscule doings of the court, gives notice two weeks in advance of those whom the onetime Kaiser has graciously agreed to receive. When Brig.-General Cornelius Vanderbilt's news-nosing son "Neely" tried to crash the ex-Kaiser's presence last spring, he was repulsed with the stiff story that he had not been Gazetted two weeks in advance. But life at Doom is terribly sleepy. In the ivied main palace and the outlying smaller palace for smaller princes, the family retires early, lies abed...
...failed with honor. In their books Commissioner Van Schaick found good and sufficient reasons to do some suing on his own account-against the old managements. But why, howled the Van Schaick critics, had not the Commissioner, who examined the books periodically, discovered all this crockery before the final crash? Why did he permit companies to sell mortgages with both interest and taxes in ar rears? To juggle foreclosed property into subsidiaries so that no loss was apparent? To break the law by lending more than 10% of their assets to a single borrower? To let their guaranty funds fall...
...score of the Ruppert's crew scrambled out upon the ice with fire extinguishers, bandages and iodine ready for a bad crash. In less skillful hands than Pilot June's the plane probably would have gouged her skis into the ice, somersaulted into a heap. Coolly he pulled his Condor's nose up almost to the stalling angle, squashed the ship's tail into the snow. The skis bounced up into a near horizontal. In that split second Pilot June set the ship down safely...