Word: giannini
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...Knopf, New York, $5), published this week. His most interesting revelation concerned his own demotion. Never able to get Truman to tell him why he was moved out of the FRB chair, Eccles thinks it was because he (Eccles) wanted to clip the power of California's Giannini banking family, whose influence Truman wanted on his side in the 1948 election...
What's the best collateral for a bank? In Washington last week Bank of America's President Lawrence Mario Giannini described one kind of collateral which had helped the bank founded by his father to grow into the nation's biggest...
...early days of the establishment," said Giannini, "the best financial statement that you could present . . . was calluses on your hands ... A fellow would come in and make [a loan] application and we would ask to see his hands . .. If he had calluses on his hands he would probably get the loan...
Intimations of Mortality. In Santa Fe, N. Mex., Louis Giannini admitted sending Mrs. Pete Mateucci a postcard reading "You are going to be a widow before long, so make plans accordingly," but insisted that he had "merely intended it as a word of advice to take out more life insurance...
Last week, after a vain appeal to the U.S. Supreme Court to stay the conviction until the full high court could review the case, Giannini and Husbands agreed to call off their deal...