Word: maloneys
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...securities body, the National Association of Securities Dealers, was furious last week. Reason: an SEC lawyer, investigating disciplinary action by N.A.S.D. upon some of its members (who had breached a typical underwriting agreement) came up with the startling theory that such agreements might be in violation of Maloney Act provisions similar to the anti-trust laws. N.A.S.D., along with the rest of the Street, regards these underwriting and selling group agreements as the very heart of the investment banking business...
...page. The news columns were largely in the hands of City Editor Robert Morton Lee (now dead) and Managing Editor Edward Scott Beck (now on the shelf). Under them the Tribune staff once included such names as Westbrook Pegler, Percy Hammond, Ring Lardner, Burton Rascoe. Present Managing Editor Pat Maloney, who flew with Rickenbacker and wears a Phi Beta Kappa key from Dartmouth, is a hard worker who got his training under Beck and Lee but lacks their independent thinking...
...shadow. In his 24th-floor office in the $18,000,000 Gothic Tribune Tower the Colonel runs the Tribune strictly according to his, and nobody else's, whims, fancies, prejudices. From his red-&-white marble desk runs a direct wire to Managing Editor J. Loy ("Pat") Maloney. Over it all day the Colonel feeds his ideas. His story suggestions go forth initialed "R.R.McC.", meaning that they get into the Tribune for sure, and generally page...
Holy Cross runners will be Captain Francis Maloney, John Haley, Leo Racine, Francis Kelley, Joseph Mallahan, John Campanelle, and Bill Whitney. Maloney was the one who beat out Burwell for first place last year, while Kelley is a former two-mile champion...
Senator Francis T. Maloney's committee, picking up the shells one at a time, seemed to reveal no pea at all. After listening to eleven days of testimony, it reported flatly that there was no shortage: the railroads could provide 20,000 now idle tank cars to transport 200,000 bbl. a day, more than enough to make up for the diversion of tankers. It recommended that Ickes drop his filling-station curfew, his 10% cut in deliveries to distributors, above all his shrieks and alarms. Said the committee, giving Honest Harold the lumps: "... Had an adequate analysis been...