Word: lamonts
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Dates: during 1930-1939
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Famed Banker Thomas William Lamont last week fidgeted on the witness stand for two hours in Washington. He was trying to tell SEC Lawyer Gerhard Gesell (whose 28 years of age precisely equalled the period Mr. Lamont has worked for J. P. Morgan & Co.) why he had told nobody about it when he learned last November that Broker Richard Whitney was not only insolvent but also guilty of using customers' funds illegally. When his partner, George Whitney, came to him to borrow $1,082,000 to help his brother Dick "out of a jam," explained Mr. Lamont. "I moved...
...wasn't on my conscience," snapped Thomas Lamont. "I had faith that Richard Whitney, despite what he had done, would come through in character all right. I was glad his brother had gone to his rescue. His brother had faith in him. Everybody had faith in him. . . . We have been very sorely mistaken...
...relentlessly pushed its investigation of the Richard Whitney failure, the famed name of Thomas W. Lament for the first time entered the case. Testifying in Washington, Morgan-Partner George Whitney revealed that he had borrowed from Morgan-Partner Lamont the $1,082,000 which he loaned his brother Richard last November to enable him to return securities of the Stock Exchange Gratuity Fund. Said he: "I told him [Lamont] that my brother was in a jam. ... I told him the general terms." Thus added to the record was the name of the second Morgan partner who was in a position...
Most familiar in the group was the face of John L. Lewis. Hardly less conspicuous were the lanky figure of Owen D. Young and the wizened features of Morgan Partner Thomas W. Lamont. Accompanying these recognized spokesmen of Labor, Industry and Finance were two early...
Chester, Weir & Co. went into the White House smiling and came out smiling. But Lewis, Lamont & Co. went in grim and came out grimmer. One of the conferees reported that he had never heard anyone talk to President Roosevelt face to face in the tone that those men used...