Word: investors
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Dates: during 1950-1959
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...pushing sales of Consolidated, Tellier had far more in mind than brokers' commissions. He was a big investor in Consolidated himself, bought 250,000 shares at 1?, got an option to buy 1,000,000 shares at 20?. Then, said the grand jury, by fraudulent advertising and "over-the-counter manipulation" of the 20 million shares he handled, Tellier ran the price up as high as $1.87 a share and unloaded his own holdings...
...Long Island Investor Alastair Bradley Martin recovered just in time from a virus infection, showed his familiar form -severe cut shots, accurate backhand, unbeatable railroad and sidewall services -at Manhattan's Racquet and Tennis Club to overpower Robert Grant III and win the amateur court tennis championship of the U.S. for the eighth time. Only man to hold the title longer: Financier Jay Gould, champion from...
...carry out his five-year "Power, Transportation and Food" development program. Kubitschek needs to attract foreign capital to Brazil. Last week he took time to talk with prospective U.S. and German investors, got quick action on at least one project. A team of Mercedes-Benz automen arrived in Rio from Germany one morning, conferred with the President that afternoon, promptly got a truck-factory plan speeded on its way. "No matter how busy I may be," vowed Kubitschek, "any foreign investor who comes to Brazil will find my door open...
...Harold Stassen's Foreign Operations Administration to work on land reform in Viet Nam. Last week the International Cooperation Administration (successor to FOA) announced that it had demanded and received Ladejinsky's resignation. This time the charges were about 100% different: Ladejinsky appeared as a capitalist investor-and in the economy of Nationalist China, at that...
...hardest-hit victims of present federal tax laws, said some tax experts, is the small businessman, who is big enough to pay the same tax rates as giant corporations, but too little to attract attention in the big-money markets. Thus he must rely on the small private investor, who is often scared off by too much risk for too little take-home profits. For example, if a shareholder lends the company money, it may be taxed as dividends when it is repaid. New York Lawyer Edwin S. Cohen suggested that the Government help small businessmen by permitting investors...