Word: lazard
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...Bloch-Laine to head the French purchasing mission. He is no easy mark for U. S. salesmen-he began buying war goods as a member of France's U. S. mission in World War I. As member of the Paris banking house of Lazard Fréres, he also knows how business between the two countries is done in peacetime. No sooner had word of his arrival spread than eager agents began banging on his door at the French Line offices...
...tall handsome man with a twinkle in his eye, who habitually talks so fast that no one else can get in a word. Before teller purged German banking he was only one size smaller than Hjalmar Schacht himself; now he is a partner of the Manhattan banking firm of Lazard Freres...
...Lazard Brothers & Co. of London is Aryan and aristocratic, a member of the Bank of England coterie, helps back the appeasement movement in London, favors the theory that concessions to Hitler will bring Dr. Schacht and his orthodox economics back to Berlin. It has a highly lucrative and increasingly important sideline in helping frightened European capitalists put their money into good safe American dollars. On the receiving end of this flood of gold from Europe is Lazard Freres of Manhattan, not entirely Aryan, not a Wall Street insider, still correspondent (but no longer a partner) of the highly political London...
...post-War twilight, Speyer & Co. floated many a foreign loan, financed railroads, built a railroad in Bolivia, power plants in Manila. But Speyer's London firm was dissolved in 1922; in 1934 the Lazard-Speyer-Ellissen banks in Berlin and Frankfurt were dissolved. Latterly Speyer & Co. has fallen into the sere and yellow leaf...
...some $300,000 from a loan his bank made to a firm reselling Government steel after the War (TIME, Sept. 6, 1937, et seq.). This year another judge ordered him to pay damages of $651,579 for selling at too low a price some oil lands belonging to certain Lazard Frères heirs in 1915-17. Although he has appealed both cases. Herbert Fleishhacker last week cited them in turning in his resignation. "I feel," said he, "that the best interests of the bank may be prejudiced by my serving as president. . . ." When judgments of $736,485 were returned...