Word: loeb
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Dates: during 1930-1939
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...assertion- SEC brought formal charges of manipulation in the stock of Auburn Automobile Co. against two partners of the important brokerage house of E. F. Hutton & Co. and a floor trader on the New York stock exchange. Most startling of all-one of the cited partners was Gerald M. Loeb. long known (in spite of his bald head) as one of Wall Street's "fair-haired boys...
Moritz Warburg married Charlotte Oppenheim in Hamburg in the middle of the 19th Century. There were five sons. Felix, Paul, Max and Fritz grew up to be bankers, Aby became a famed art historian. Felix followed Paul to the U. S. and into Kuhn, Loeb & Co., stayed with the company after Paul left to help start the Federal Reserve System. But Felix was less interested in banking than in charity & world Jewry...
...Bethlehem Steel debentures. In the month beginning Sept. 8 when they were offered, Bethlehem stockholders bought but $2,000,000 worth. Last week, therefore, the underwriters had to take over the remainder of the issue and offer it to the public. The 25 underwriting firms, headed by Kuhn, Loeb & Co., bought the debentures at $98, intending to sell them at $100, thus getting a 2% commission minus expenses. But during the month they were obliged to wait for company stockholders to buy, the market fell so far that last week Bethlehem's debentures had to be offered...
...Kuhn, Loeb has lately financed a new strip steel mill for National Steel Corp...
...Front-page story: "KUHN, LOEB FINANCE NEW STRIP TEASE MILL. Will Produce Cold and Hot Rolled Shapes and Both Wide and Narrow Strip Products...