Word: gianninis
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...Swarthy President Lawrence Mario Giannini of Bank of America, who thinks Secretary of the Treasury Morgenthau is persecuting him, threatened that his institution would give up being a National bank, become a State bank unless Mr. Morgenthau quit hectoring him by sicking...
Until 1938, when he was driven to cover by a rolling barrage of lawsuits attacking his sharpshooting financial technique, Herbert Fleishhacker was the Pacific Coast's second biggest banker (No. 1 A. P. Giannini). Since October 1938 he has been out of Anglo California National Bank, and a bankruptcy receiver has been collecting his assets to pay off his creditors (whose 76 claims originally totaled $18,881,653). Last week, with unsecured claims reduced to about $3,000,000, Anglo California slapped a $160,000 suit on Fleishhacker's onetime lawyer, famed Hearst Counsel (until 1937) John Francis...
...Following a visit by Eleanor Roosevelt to the Pacific Coast, the San Francisco Chronicle last week reported: "Mrs. Eleanor Roosevelt stayed away from politics. . . . Even when she lunched, somewhat surprisingly, with A. P. and Mario Giannini (who are being investigated by her husband's SEC) she kept the conversation on the weather and the [San Francisco] Fair. Her only lapse came when she picked up a newspaper and read that the President had issued a plea to the A. F. of L. for labor unity. 'Dear Franklin,' smiled Mrs. Roosevelt in the manner of an adult discussing...
...firm retaining former SEC employes for advice on matters with which they became familiar while at SEC might lose its right to practice before SEC. SEC thereupon sued to enjoin former SEC Lawyer William J. Mahaney from "continuing to disclose" confidential information to his present employer, Banker L. M. Giannini, who is fighting an SEC attempt to delist the stock of Transamerica Corp. from the New York, San Francisco and Los Angeles exchanges...
...Extended its attack on the Giannini interests by seeking a permanent injunction to restrain Timetrust, Inc. from further sale of certificates representing ownership in various Giannini banks. About $1,600,000 in such certificates is outstanding. SEC charged that they are a means of "obtaining money ... by means of untrue statements" such as that their purchase is similar to starting a savings account. Timetrust's President Meredith Parker retorted that SEC was using "unlawful and unwarranted tactics" to embarrass the Giannini family...