Word: dealer
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Dates: during 1930-1939
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...insure to investors protection comparable to that provided ... in the case of national securities exchanges," Congress gave the Securities & Exchange Commission exceedingly broad authority to regulate the country's over-the-counter markets. These markets are operated by some 5,000 securities dealers who transact an annual business variously estimated to be from 50% to 300% larger than the total volume handled by all U. S. stock exchanges. Two prime characteristics of this huge market are that nearly all business is done by telephone and that no one knows much about it. Last year, having established control over stock...
...inveterate gambler, George White is supposed to have made and lost large wads of money in his time. At 43 his chief idiosyncrasies are his hair, which he keeps scrupulously greased, his neckwear, which is always black, and his mastication, which is interminable. A wholesale dealer in female good looks, he has never married. "I'm independent and nobody can keep tab on what I do," says he. "I like it. And with any luck I'll beat this marriage...
Three days later Publisher David Stern, a New Dealer who hates Mr. Hearst as much as Mr. Hearst hates the New Deal, slapped a two-column editorial on the front page of his New York Post under the headline: HOW HEARST HELPED DRIVE THE LINDBERGHS INTO EXILE. Quoting part of Mr. Hearst's message to Reuters, the editorial proceeded as follows: "What Hearst Did Not Reveal...
...often done in the past 27 years. Alfred Stieglitz, photographer and art dealer, last week gave over his bleak, hospital-like Manhattan gallery to the paintings of his best friend. A wrinkled, shock-headed little man of 65, John Marin looks like a disheveled version of the late Sir Henry Irving. Because a new book on Artist Marin has just been published,* because critics like Henry McBride, Lewis Mumford and Julius Meier-Graefe have put themselves on record as considering John Marin the greatest water-colorist in the U. S., it was an important exhibit...
...Stieglitz found Marin an art student in Paris, earning a skimpy living by meticulously etching French cathedrals in the Whistler manner. Rebelling at this finicky scratchwork, Marin would rush out to the country, splash gobs of water color around with one of the biggest brushes he could find. Dealer Stieglitz did not think much of the etchings, but grew so excited about the water colors that he practically adopted John Marin there & then. Ever since, he has handled Marin's finances and all his pictures, never accepting a cent in commissions. To date the artist has produced some...