Word: hecht
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Dates: during 1930-1939
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...each annual election the second vice president shall accede to the first vice presidency and the first vice president shall accede to the presidency. U. S. Banking thus picks its official spokesman two years in advance. Many things have happened in the last two years?particularly to Rudolf S. Hecht, chairman of New Orleans' Hibernia National Bank, who was elected second vice president of the ABA in the dark autumn...
...Banker Hecht's troubles began when he was chairman of the New Orleans RFC advisory committee which loaned $4,000,000 to the Union Indemnity group of insurance companies not long before they crashed early in 1933. That stirred New York's hulking Congressman Hamilton Fish Jr. to one of his typically brash outbursts, this time on Banker Hecht and a "rotten mess." Suspicious of any & all banks at the time, depositors outside New Orleans began to withdraw deposits. Banker Hecht soon had a first-class run on his hands, which was not stopped until he called in Huey Pierce...
...Kingfish hastily concocted a Louisiana holiday celebrating the 16th anniversary of the day after the day President Wilson gave German Ambassador Count von Bernstorff his walking papers. From this fantastic episode Banker Hecht got considerable but not wholly dignified publicity...
After the national banking moratorium which soon followed. Banker Hecht's old Hibernia Bank & Trust was not allowed to open wide. Curiously enough, that was about the best thing that ever happened to Mr. Hecht and his big bank. Reorganized with some fresh capital, the bank took out a national charter. Thus com pletely free of the State banking department, which was never averse to twisting the screws on Senator Long's order, Hibernia National has grown and prospered. And Banker Hecht has not even seen Huey Long for months...
...Face the Music, Americana, Let 'Em Eat Cake, As Thousands Cheer, Ziegfeld Follies. He has found time to tour Sweden, visit his father in Moscow, have a fling at Hollywood, build the sets for the London production of Waltzes from Vienna. He also did the sets for Ben Hecht & Charles MacArthur's new cinema, Crime Without Passion...