Word: gertler
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Dates: during 1930-1939
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...later, when he was a successful bond trader, the biggest and best known government bond house in Wall Street, C. F. Childs & Co., hired him, at a reduced salary. After a while Mike Devlet walked out to team up with a chubby blue-eyed bond salesman named John H. Gertler, who had also been an errand boy. Gertler, Devlet & Co. started in 1928 with $2,500 capital. For the last five years the firm has had a big chunk of the municipal bond business and has made more money than its members could spend-or so Mike Devlet said...
Last week, at 34, Mike Devlet thought it was again time to change jobs. He dissolved his partnership with John Gertler and walked out with a small army of Gertler, Devlet employes. Partner Gertler added "& Co." to his name and continued the old business with branches in eight U. S. cities. Mike Devlet organized his own municipal bond house as follows: he set up six individual concerns each operated by its own partners, and each a specialist in a particular branch of the business. One was to sell high grade bonds, another land bank and Home Owners Loan bonds...