Word: financiere
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Dates: during 1950-1959
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A farewell banquet was accorded Financier John Hay Whitney, U.S. Ambassador-designate to the Court of St. James's, at the Long Island estate of his sister, Joan Whitney Payson, co-owner with Whitney of the famed Greentree Stable. Next day, in a Manhattan hospital recovering from gastric ulcer...
This was her last grand party. Long ailing, Mrs. Mae Caldwell Manwaring Plant Hay ward Rovensky died last July, at 75, in Clarendon Court, her 33-room summer house next door to the Vanderbilts' 23-room "Beaulieu" in Newport, R.I. (She is survived by her fourth husband, John E...
As their final issues reached the newsstands last week, Collier's and the Woman's Home Companion folded with a bang that echoed clear to Washington. The Securities and Exchange Commission announced that it was investigating the financial operations of the Crowell-Collier Publishing Co., ordered one of...
Though Crowell-Collier claimed the sale was a private transaction, SEC charged that it was in effect a public sale, and that the company had thus violated the law by failing to register the securities offering or make full disclosure of company records. However, Wall Streeters suspected that the SEC...
The decision to scuttle the magazines and salvage the book division was reached by a group of Manhattan and Chicago industrialists, who had put $4,600,000 into the company last year. The group, headed by Financier J. Patrick Lannan, could have gained control of the company by converting its...