Word: lawyers
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Dates: during 1940-1949
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Almost perfunctorily, Boss Flynn picked a middle-aged lawyer named Karl Propper, who looks a little like Movie Comic Hugh Herbert. Democratic chieftains, watching the A.L.P. splinter over the Wallace third-party candidacy, figured Propper as a shoo-in. Republicans merely went through the motions: they nominated an unknown building contractor and the G.O.P. boss left town for a Florida vacation...
...Sound Wagons Roll. But the Communist-dominated Wallace-A.L.P. forces behaved like hungry politicians. Their candidate was a young (37), good-looking and aggressive labor lawyer named Leo Isacson, who was born on Manhattan's lower East Side, served a term in the New York State Assembly, had never met Wallace until the campaign. The left-wingers sent their doorbell-ringers all over the district, harangued the voters in English, Yiddish and Spanish. Their literature snowed under the other parties' polite handbills. They hired more and louder sound trucks...
...Bishop of Metz and 1,500 fellow Lorrainers: "Hitler is lost! You may be sure of that." After that, the Nazis put a price on his head. Friends who knew him before the war now find him subtly changed. Schuman, the Premier, has more warmth than Schuman, the lawyer...
Lucky Loophole. Otis & Co. had slipped out of the money-losing deal through a loophole provided in the nick of time by a Philadelphia lawyer named James F. Masterson. The day the underwriters were to have paid K-F for the stock, Masterson had filed suit in Detroit to prevent the stock from being sold, charging that the company had rigged the price of its stock and that the underwriters would make an excessive profit on it. Fortunately for Otis & Co., its contract with K-F provided that such a suit would nullify the deal...
...Wall Streeters thought it quaint that Lawyer Masterson should be attacking Otis & Co. In a previous suit, he had been Otis' counsel. This moved Kaiser-Frazer to charge, in its own suit, that Otis & Co. "inspired" Masterson to disrupt the deal. But Masterson had another story. He charged that Kaiser-Frazer profits were finding "their way into the pockets of Kaiser and Frazer personally [via parts companies and other agencies personally owned by them] and not to the stockholders." He said the accounting he demanded would "wise up the whole country about Mr. Kaiser...