Word: frazer
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Dates: during 1940-1949
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...Texas Way. President E. B. Germany ruefully admitted that the company had indeed made such deals-with Ford Motor Co., which promised to be a good, steady customer, and with Kaiser-Frazer Corp., which had advanced payment of $500,000 which Lone Star badly needed. But the deals that had set Estes ablaze were not with Ford and Kaiser-Frazer; they involved less imposing buyers...
...asked him if there was any escape clause in the underwriting contract with K-F. Eaton reportedly said he was going over it with a "fine-tooth comb" to look for an out. (An out developed the following Monday when a Philadelphia lawyer filed a suit against Kaiser-Frazer, and Eaton used it as a reason to break the contract...
...quarters. Society Reporter Igor Cassini (Hearst's Cholly Knickerbocker) and his new wife (Elizabeth Darrach Waters) walked into their suite and found it occupied by Cassini's ex-wife ("Bootsie" McDonnell-also a columnist), who had been ushered in by mistake. (They compromised on adjoining suites.) Kaiser-Frazer's Joe Frazer and Otis & Co.'s Cyrus Eaton, currently feuding over K-F's stock troubles, spent the time busily dodging each other...
...supply, Detrola, in August 1946, bought the Newport Rolling Mill at Newport, Ky. But Detrola's President C. Russell Feldman soon found that he still had a problem : he had no pig iron to make his steel. So, he told the committee, he made a deal with Kaiser-Frazer Corp. to trade finished steel for K-F's pig iron. (He also made another deal, the committee found, with Cincinnati's David J. Joseph Sr., one of the big U.S. scrap dealers. For his scrap, Joseph got 8,254 tons of steel, and a tidy gross profit...
...committee found that Kaiser-Frazer had also filtered some of Detrola's steel into the grey market. As K-F could not use some of the types it got from Detrola, K-F Vice President Clay Bedford told the committee, he made a deal with a Manhattan exporter named Charles A. Koons to sell Koons 4,000 tons of Detrola steel...