Word: loeb
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Dates: during 1930-1939
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...Institute, erected ten years ago through the heroic efforts of late, great Neurologist Frederick Tilney. Last year, after wielding an influence among devoted young neurologists second only to that of famed Harvey Gushing (see p. 60), Dr. Tilney died. As acting director, the trustees appointed modest Dr. Robert Frederick Loeb. Last week, warmhearted, diplomatic Tracy Putnam came down from Harvard to take Dr. Tilney's place...
Conservative banking houses like Morgan Stanley & Co. (divorced underwriting half of J. P. Morgan & Co.) and Kuhn, Loeb & Co. have held themselves coolly aloof from competition for security issues. Their position is that terms reached in direct negotiations with a single underwriter, thoroughly familiar with the financing company, are more likely to be best for borrower and investor than those that come out of a fierce competition among a group of bidding underwriters. Competitive bidding, they hold, "tends to overpricing the issue . . . and to subsequent dissatisfaction and losi of credit and good will of the borrower...
...years ago-a towering, turreted, 100-room French chateau surrounded with gardens, stables, farm buildings, 18-hole golf course, tennis courts, landing field and woodlands on 441 rolling acres. It was conservatively assessed at $1,100,000 and in it Otto Kahn, international banker (Kuhn, Loeb & Co.), art and opera patron, lived and entertained lavishly...
Back of Farnsworth's latest luck were two more bankers with imagination, this time New Yorkers. One was Kuhn Loeb Partner Hugh Knowlton, whose company has been chaperoning Farnsworth financially for four years. The other was Harry Cooke Gushing of E. H. Rollins & Sons, Inc. Last week Farnsworth Television & Radio Corp. filed with SEC a registration statement covering 600,000 shares of $1 -par-value common stock. Mr. Cushing's firm will head a syndicate to raise over $3,000,000 from sale of the stock. Farnsworth Corp. will absorb The Capehart Inc. (famed record-changing phonograph...
...Nazi persecution of Jews was bad, he said, but communist persecution of Christians was worse. Admitting that his sources were Nazi, he said that 56 out of 59 members of the Central Committee of the Communist Party in the U. S. S. R. were Jews. He also accused Kuhn, Loeb & Co. of giving financial aid to the Bolshevik Revolution, attributed that accusation to a British White Paper...