Word: crowleys
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...Chicago's Mayor Edward J. Kelly, smirking in gentle good will, nodding approval .as his gorilla-shaped bodyguards tipped photographers off-balance as fast as they could get set for a picture. Almost as often came bald Frank C. Walker, oldtime White House adviser, white-haired Leo Crowley, FDIC Chairman who became chairman of Standard Gas & Electric (and is the New Dealers' 1942 hopeful for the Wisconsin Governorship); Jersey City's high-collared Mayor Frank Hague; and a long procession of men who had been tentatively promised the Vice-Presidency...
...still in the works, SEC's official definition of an integrated company remains a secret. But last week light was shed on that definition by negotiations with two holding companies. One was Standard Gas & Electric (where ex-SECommissioner George Mathews and New Deal Alumnus Leo Crowley both work); the other, the late Henry L. Doherty's Cities Service...
...worked out a plan whereby the $6,000,000 of over-$5,000 deposits as well as the $29,000,000 of under-$5,000 deposits which it is obligated to protect were handed over to two other Philadelphia banks. Reason, according to FDIC's beaverlike Leo T. Crowley: "If we had let a bank like this go it might have had a bad effect on other Philadelphia banks. Also ... it would mean a forced liquidation." First National Bank of Philadelphia got Integrity's $25,000,000 of commercial deposits, Western Saving Fund Society...
Victor Emmanuel, unlike the Byllesby interests, believes that butter is better than cannon in dealing with the New Deal. Fortnight ago, he hired a new president for Standard, white-haired, McNuttish-looking Leo Thomas Crowley, since 1934 chairman of FDIC. He hired Mr. Crowley through Washington's No. i Big Money employment office, Jesse Jones's RFC, the same office which placed Mr. Crowley's FDIC predecessor, Jones Protege Walter Cummings (TIME, Nov. 27), who heads Chicago's huge Continental Illinois Bank...
...years official executioner for New York, New Jersey, Pennsylvania, Connecticut, Vermont, Massachusetts; of coronary embolism; in Richmond Hill, N. Y. Named for a Methodist minister who opposed capital punishment, tall, grey Robert Elliott electrocuted 400 persons, five of them women. Among them: Ruth Snyder & Judd Gray, Two-Gun Crowley, Sacco & Vanzetti, Bruno Richard Hauptmann. Successor to his $150-a-night job: Joseph Francel, 42, American Legionnaire, garageman and electrician, who has already officiated once, when Robert Elliott was confined to his bed last summer...