Word: raskobs
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...President enjoyed an amiable visit from Brown Derby Democrat John J. Raskob, a Warm Springs benefactor who had gone South to hear Trustee Roosevelt accept a new administration building and dining hall for the sanitarium...
...stopped off in Albany on his way back from campaigning in Massachusetts for Franklin Roosevelt last year had the two oldtime friends met socially. Happy at the railroad station, he told reporters inquiring about his health that he felt "like a whistle." A White House invitation brought John J. Raskob and Editor Smith, who has sharply criticized the Administration in his New Outlook, to the executive mansion for tea. There they met U. S. Ambassador-at-Large Davis, who had come to Washington to talk disarmament with the President, Mrs. Dall and her "Sistie" and "Buzzie." Greeted by the President...
Messrs. Smith & Raskob had indeed been members of a syndicate to buy stock of their pet little Manhattan bank, County Trust Co. In fact they had been members of two pools. One dark Friday in November 1929 President James J. Riordan of County Trust had shot himself to death in his home. "We, with the help of Governor Smith, were able to keep the news of his unfortunate death from the news papers until Saturday noon when the bank closed," related Mr. Raskob. President Riordan's suicide had nothing to do with the bank but the directors were fearful...
...Kelly whom they wanted as a successor to Mr. Riordan. The stock declined, however, and Mr. Kelly let his option lapse. Once again the members were called upon to take up their stock and the loan was paid off. So suavely precise, so frank with his facts was Mr. Raskob that even the Senators could find no fault with his story...
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...