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...jerry-built empire of Alexander L. Guterma, financial juggler, began to totter early this year, he desperately sought more cash to save it. Guterma, then boss of the F. L. Jacobs Co.. which controlled the Mutual Broadcasting System and at least twelve other corporations, found a likely moneybags in the Dominican Republic's Generalissimo Rafael Trujillo, always willing to pay for favorable publicity. Last week a federal grand jury in Washington charged that Guterma, 44, collected $750,000 from Trujillo to disseminate "political propaganda" and failed to register as an agent of a foreign power. The grand jury...

Author: /time Magazine | Title: HIGH FINANCE: The Price of Publicity | 9/14/1959 | See Source »

...your March 23 issue you report that Alexander L. Guterma "won a round in his battle with the Securities and Exchange Commission when it rescinded the ban on trading in Bon Ami, a Guterma company." The [trading ban] was removed on the petition of this company [which emphasized that] the present management has no association whatsoever with members of prior management, including Alexander Guterma...

Author: /time Magazine | Title: Letters, Apr. 13, 1959 | 4/13/1959 | See Source »

...Reader Weesner is right. Alexander Guterma resigned from...

Author: /time Magazine | Title: Letters, Apr. 13, 1959 | 4/13/1959 | See Source »

ALEXANDER GUTERMA has been indicted by a federal grand jury, charged with conspiracy to defraud by failing to file financial reports on his F. L. Jacobs Co. (TIME, Feb. 23). Meantime, a U.S. district court named two trustees to reorganize Jacobs under federal bankruptcy...

Author: /time Magazine | Title: Time Clock, Mar. 30, 1959 | 3/30/1959 | See Source »

ALEXANDER L. GUTERMA won a round in his battle with the Securities and Exchange Commission when it rescinded the ban on trading in Bon Ami, a Guterma company. The SEC continued its suspension of F. L. Jacobs, another Guterma corporation...

Author: /time Magazine | Title: Time Clock, Mar. 23, 1959 | 3/23/1959 | See Source »

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