Word: pecora
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When the investigating U. S. Senators resumed writing their book of Wall Street Revelations in Washington last week, they had a lot of fun with their swart, persistent Inquisitor Ferdinand Pecora. He had just taken a drubbing as candidate for District Attorney of New York County (see p. 16). Inquisitor Pecora said he was "relieved." Dampened not a whit he ripped into the ever-widening circle of horrid-sounding facts that his staff had delved from Chase National Bank's voluminous books...
Cutten & Sinclair. Inquisitor Pecora's next witness was not so explicit as Mr. Raskob, but the Senators eyed him much more curiously. He was not only the manager of a syndicate which had cleared $12,000,000 without putting up I? but also the biggest stock and grain speculator that the Senators had yet beheld. Spare, white-haired, slightly deaf Arthur William Cutten sat with his hand cupped behind his ear throughout most of the long interrogation on the great Sinclair Consolidated Oil pool of 1928-29. Unsmiling he peered through his spectacles at Inquisitor Pecora whom he could...
That the astute gentlemen who represent American High Finance find themselves increasingly subject to dizziness, fainting spells, and insomnia is certainly no cause for wonder. Nor will Pepso, Postum, or Sanka afford them any relief, for down in Washington the realistically-minded Mr. Pecora continues to dissect, with gusto, their jowly leaders, and after every such operation their brains are freighted with dismal adumbrations...
Cuba. Swart Inquisitor Pecora brought a number of Chase's vice presidents to the stand and, more interesting, produced their candid correspondence with one another, procured from the Chase's letter files. One letter told that Jose ("Wood Louse") Obregon, son-in-law of President Machado hired by Chase's Havana branch (at $19,000 a year), had turned out to be absolutely useless for any purpose except entertaining clients; that Machado had used up $9,000,000 of a $12,000,000 pension trust fund. Other letters declared that $18,000,000 had been spent unnecessarily...
...Wiggin. While Inquisitor Pecora was digging into Cuban matters, he paused and, without comment, put into the record a curt letter written the day before...