Word: loewensteins
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Dates: during 1920-1929
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Boathooks jabbed at a semi-skeleton from which half the flesh had sloughed away. Seeing a glint of gold at the wrist, Captain Bougrad warned his men not to let it slip off. When peered at it proved to be an identification bracelet engraved: Captain Loewenstein, 315 Rue de la Science, Brussels...
...estate of Belgium's richest jew could now be distributed to his heirs, since his death was certain at last. A few days before the body was found the Court of Appeals at Brussels had refused to issue a death certificate, holding that Captain Loewenstein was simply "missing," after his disappearance from an airplane in flight over the English Channel (TIME, July 16). This ruling, if persisted in, would have made it impossible to distribute the estate until 100 years after Captain Loewenstein's birth...
Interest centred on the fortune that could have been made, last week, by selling Loewenstein shares short; and on the hope that Ogre Loewenstein had engineered a hoax, a coup, had sold himself short and vanished with a profit of millions...
International holding shares crashed from $215 to $100; and hydro-electrics from $51 to $25. When the boards of both corporations affirmed their financial soundness, announced the death of Captain Loewenstein and scouted suicide theories, the prices of the shares recovered respectively...
Count Van de Ponthose, close Brussels associate of M. le Captaine, cried: "When one is of the house of Loewenstein, one does not commit suicide!" A rival ogre of finance, M. Henry Drefus, chairman of British Celanese and a ruthless combatant with Ogre Loewenstein, commented at London in three words: "I am sorry...