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Word: kompassbank (lookup in dictionary) (lookup stats)
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Middle of March Phönix-Wien's pudgy little Director Wilhelm Berliner died under mysterious circumstances. Within a few days the small subsidiary Kompassbank failed and the Bourse knew that Phönix-Wien owed at least $50,000,000. When police sought Heinrich Ochsner, director of the Finance Ministry's section supervising private insurance companies, he blew his brains...

Author: /time Magazine | Title: AUSTRIA: Ph | 4/20/1936 | See Source »

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