Word: gianninis
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Thereupon Banker Giannini himself took a bold propagandistic step. To squelch SEC charges that he took more money from his empire than he admitted, A. P. (who has lately been closeted with cunning Pressagent Edward L. Bernays) released a complete statement of his net worth, including cash, securities, salary, insurance. Instead of the millions most people would have guessed, it totaled only...
Transamerica's boss, old Amadeo Peter Giannini, having retorted that it was simply a matter of accounting theory, began fighting SEC with all the wrath his hot Italian blood could generate. In Washington last week, after a month of legal fencing, Lawyer Rogge haled Mr. Giannini's personal secretary to court. She refused to talk. So did three other Giannini intimates. "This is the most outrageous case of contumacy I have ever seen," bellowed Lawyer Rogge, obtaining a recess until March...
...Continued its catch-as-catch-can bout with potent Transamerica Corp. Going into its fifth week, SEC's investigation of A. P. Giannini's big bank holding company, on charges of false stock registration (TIME, Dec. 12), was still in the legal fencing stage...
...test of a man is the fight he makes," is the motto that hangs in the San Francisco office of shy, chunky Banker Ashby Oliver Stewart. This is the sort of spirit to endear him to famed Banker Amadeo Peter Giannini, currently facing the biggest fight of his career, result of an SEC crackdown charging Giannini's Transamerica Corp. with a false and misleading securities registration (TIME, Dec. 12). In 1933 Banker Stewart took over from "A. P." the Bankitaly Mortgage Co. Last week he took over a "large block of stock" and the chairmanship of Bancamerica-Blair, investment...
...charged with bank supervision, was known to have rushed to Warm Springs to complain to Franklin Roosevelt that the Reserve had not been consulted until two days before SEC cut loose. Here was the sort of division in the enemy's ranks which a great fighter like Amadeo Giannini could not fail to spot. Holding his tongue with difficulty as Transamerica stock broke a hefty $30,000,000 worth, he limited himself to snapping: "We are firmly of the belief that the motive behind this complaint is one calculated definitely to prejudice Transamerica Corp. in the eyes...