Word: kuhne
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Dates: during 1930-1939
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...respect therefore the Senate can question only the shadow cast by the banking house founded by two solid commission merchants from Cincinnati, Abraham Kuhn and Solomon Loeb-the house reared to greatness by great Jacob Schiff who died...
...house survives in something more than name for it has always been a family firm. The House of Morgan until, very recent times selected practically all its partners from outside its family. Kuhn, Loeb pursued just the reverse policy. Felix Warburg was son-in-law of Jacob Schiff. Otto Kahn was son-in-law of the late Abraham Wolff (one of the early partners). Since 1931 Felix Warburg's wisecracking Son Frederick, Otto Kahn's twice-married Son Gilbert, have been members of the firm. And Jacob Schiff's Grandson John, only 26 years old, became...
...straight banking is not one of its jobs. It carries accounts for merchants but no checking accounts. Its primary business has been securities, railroad securities in particular. Kuhn, Loeb railroads include the North Western, the Delaware & Hudson, Illinois Central, Norfolk & Western, Pennsylvania, Southern Pacific, Paris-Lyon-Mediteranée. Kuhn, Loeb's railroad reorganizations include such famed roads as the B. & O., St. Paul...
...ancient history, however, but mod ern instances concerned Kuhn, Loeb partners last week. Well could they foresee questioning about their financing of Penn-road Corp., of Paramount Publix. on whose board they seated Sir William Wiseman (last week absent in Europe) long before Depression made bankers common in the movie business...
...That Kuhn, Loeb's capital...