Word: morgan
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...Keeping Company," the other half of the bill, is a rather dreary bit of moralizing on the pitfalls of marriage, with Frank Morgan not even lying well...
...Misled by Miss Morgan's reticent secretary, who was scanty and cryptic in giving information, TIME is glad to set the record straight...
...Commission's argument went like this: Dayton is a subsidiary of Columbia Gas & Electric. Columbia is a subsidiary of United Corp. (which owns 19.6% of its common). Morgan, Stanley was formed by J. P. Morgan to take over its underwriting business, and leading Morgan partners have had a financial incentive to get business for it. Final question was whether United Corp., which J. P. Morgan put together in 1929, is subject to Morgan political control. Describing the demeanor of United's George Howard toward Morgan's George Whitney as one of "courteous fealty," SEC decided there...
Thus was the Section II problem's "back broken." A louder crack accompanied the death of another institution: the freedom of the utilities to place their financing where they see fit. In February 1940 Morgan, Stanley sold $25,000,000 of Dayton Power Co. bonds. The bankers consented to having their $100,562 fee "impounded" while SEC decided whether they were an "affiliate" of Dayton Power, or if there had been an absence of arm's length bargaining (required by the Act) in preparing the deal. Fortnight ago SEC dropped a bombshell on the corner of Broad...
...Morgan, Stanley answered with a stinging charge that this decision "belongs to the world of make believe. . . . We desire to state that in no conceivable way can it be properly held that we have ever been affiliated with the Dayton Company or any other public utility company." This week Morgan, Stanley had not decided whether to take the matter to court. If SEC is right, and Morgan, Stanley owes its utility business to J. P. Morgan's holding company affiliations, the disruption of the relationship will oust Morgan, Stanley from its No. 1 position in the utility underwriting field...