Word: loeb
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Dates: during 1930-1939
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...dump them all on the public? What political dickering was behind each issue? How much did worthless foreign bonds have to do with bank failures? The Senate Finance Committee prepared answer these questions by summoning ranking officers of the following big banking houses: J. P. Morgan & Co.; Kuh Loeb & Co.; National City Bank of Ne York; Chase National Bank; Guaranty Trust Co.; Dillon, Read & Co.; J. & A Seligman & Co.; Equitable Trust Co. Lee, Higginson & Co.; Chase Han Forbes Corp...
...receivership surprised rail investors more than it should have. Bankers & brokers had known for months that Wabash must have help or failure was inevitable. The public, shocked at the news, had supposed aid would come from one of three sources: the Government, the road's bankers (Kuhn, Loeb & Co.) or Pennsylvania Railroad Co.. largest stockholder. The Wabash management tried all three sources before they gave up. The Government has a revolving fund supposedly to aid ailing roads but no adequate machinery has ever been devised to arrange the loans.† Kuhn, Loeb shied off. Last resort, the Pennsylvania...
...clue to the big bond holders' identity came when the protective committee was announced a few days after the receivership. Chairman of the committee is John W. Stedman, vice president of Prudential Insurance Co. Other members: George W. Bovenizer of Kuhn, Loeb & Co.; James H. Brewster Jr., vice president and treasurer of Aetna Life Insurance Co., Treasurer Henry W. George of Metropolitan Life Insurance...
Died. Sidney Loeb, 28, statistician, market-letter writer for E. F. Hutton & Co., Manhattan brokers, brother of Hutton Partner Gerald M. Loeb; after an automobile accident; in Prescott...
John Mortimer Schiff, 26, partner in Kuhn, Loeb & Co., succeeded his father, the late Mortimer Leo Schiff, as a director and member of the executive committee of Western Union Telegraph Co. Director Jay Cooke was also added to the executive committee...