Word: loebe
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Dates: during 1930-1939
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...Dropped SEC charges against Gerald Loeb and Gordon Crary for alleged rigging of Auburn Automobile stock from $38 a share to $54 in two months in 1935 and 1936; Gerald Loeb and Gordon Crary resigned from E. F. Hutton...
...sold by North American Aviation, Inc. to a banking group formed by Eastern's general manager, Captain Edward Vernon Rickenbacker. Elected president of the new company, Eastern Air Lines, Inc., was Eddie Rickenbacker. His backers include Harold S. Vanderbilt and the Wall Street investment firms of Kuhn, Loeb & Co. and Smith, Barney & Co. Last week these two firms offered 416,666 shares of common stock at $10 a share to a select group. By week's end some 75% of the stock had been taken up. If the rest remains unsold, the general public may get a crack...
Unlike most investment houses, the Wall Street brokerage firm of Carl M. Loeb, Rhoades & Co.. dealing largely in securities and commodities, last week chose to be optimistic. Reckoning that inventories are now notably depleted and that the slump has been accentuated by the advancing of the Automobile Show from January to November, it noted in a memorandum to customers "that business has actually been doing better during the past two or three months than is generally believed and that there may be some upturn in industrial activity during the ensuing months...
...Union strike-acquitted; 2) William D. ("Big Bill") Haywood and colleagues, accused of plotting assassination (1905) of Idaho's Governor Steunenburg - acquitted; 3) Brothers John J. and James B. McNamara, charged (1911) with dynamiting the Los Angeles Times Building- imprisoned; 4) Nathan F. Leopold Jr. and Richard A. Loeb, for murder (1924) of 13-year-old Bobby Franks-life imprisonment rather than gallows on lunacy plea; 5) John Scopes, violation (1925) of Tennessee's anti-evolution statute-fined $100, after Darrow had quizzed William Jennings Bryan on the Bible's veracity (Bryan died at the conclusion...
...after a merger with TWA. He also knew that TWA is in anything but healthy financial shape. So he asked General Motors to stall for a few weeks while he hunted for other buyers. These he found in the Wall Street investment houses of Smith, Barney & Co. and Kuhn, Loeb & Co. When they agreed to put up $3,500,000 in cash, keep the line independent and give General Manager Rickenbacker complete operating control, John Hertz gracefully folded his wings and yielded the battle. Said Eddie Rickenbacker: "I am glad to be able to save the airline for the gang...