Word: raskobs
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Dates: during 1920-1929
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Wilson replied: "I would not save Al Smith or Raskob; in fact I think I would let them all drown...
Gerardo Machado, President of Cuba, entertained Alfred Emanuel Smith and John Jacob Raskob last week in Havana. Pensively twirling a glass of champagne, Mr. Raskob observed, ''We can't do this in our country." "Legally," added Mr. Smith...
Brother Pierre. A senior and most revered du Pont is Pierre Samuel du Pont?broad, thick chin; gleaming forehead; ready smile. He is a Wet. About six months ago he took leave of absence to join his protégeé, John J. Raskob, in working for the Democratic party. The rest of the du Fonts are Dry and Republican. A polite fissure among the du Fonts and within G. M. C. was apparent while the campaign was raging. Now that it is over, Pierre du Font's interest is in The Association Against the Prohibition Amendment...
...Miami press-agents first tried to maneuver this meeting, but John J. Raskob snatched it from their greedy fingers. Eleven o'clock at Belle Isle was the hour. Smith skipped his breakfast to make it on time. With care he picked his Mtire?silk-faced cutaway, striped trousers, silk-topped patent leather button shoes, semi-formal overcoat with velvet collar. One hand picked up a cane; the other put a cigar in a mouth corner. The Brown Derby, above all, was set at an undefeated angle. Away streaked the baby-blue Rolls-Royce, minus any hooting police-escort. Cushioned snugly...
...bulls were not so fat and bears were not so lean, conservatives estimated that a stock which earned $10 a share should be selling at $100, or ten times its earnings-per-share. In recent years this ratio has been considered extremely backward. Thus, in March, 1928, John Jacob Raskob announced that General Motors should rise to 15 times its earnings-per-share, and the "15X" formula has become generally accepted with regard to industrials. Meanwhile, however, during the November bull market, many a stock rose far beyond the "15X" valuation, reached a price which could be justified by earnings...