Word: reckless
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Detroit has waited a long time to hear Michigan's Senior Senator tell his story of the banking fiasco which Judge Harry B. Keidan has been probing off & on all summer (TIME, Aug. 7). For in all the reckless charges and counter-charges that have been hurled since Detroit's banks were closed last St. Valentine's Day, there has been one unifying theme: that in some mysterious way Senator James Couzens was the man who threw the monkey-wrench into the creaking machine...
General looting began when the offices of the Heraldo de Cuba, long the leading Machado news organ, were stormed by a crowd so reckless that typewriters, swivel chairs and even desks were tossed out of windows, injuring mobsters in many cases. After wrecking Heraldo de Cuba's presses and setting fire to the building, exultant citizens stormed the residential quarter of Havana, sacking mansion after mansion, wrecking automobiles and stealing everything movable from the house of Secretary of State Orestes Ferrara. Signs marking General Machado Avenue were torn down for a distance of three miles, the imposing Machado Monument...
...automobile steel), Murray W. Sales, Wesson Seyburn, Clifford B. Longley (Ford attorney) and Edsel Ford. Many a time in the past has Henry Ford, dissatisfied with purchasing this material or that, undertaken to manufacture it himself. Often has he expressed his dissatisfaction with bankers-as tyrants over business, as reckless wasters of their depositors' money. On the new bank board Henry Ford's son & heir will have a chance to turn his father's precepts into practice...
...drastic ideas about an oil code. The industry last week expected Mr. Moffett to be made General Johnson's right-hand enforcer of the code when adopted. Meantime the acceptance of Mr. Moffett's resignation shows that businessmen, however much they approve industrial re covery, are no reckless rooters for all measures proposed-are capable of opposition...
...that once "in those mad years [1926-28]'' 15 U. S. bankers were in Belgrade. Jugoslavia, participating in "an undignified scramble'' for an issue. "There were times," he said, "when a dozen were in Central . . . and Latin American states outbidding each other in a foolish, reckless search for business." "Was your bank represented at Belgrade?" asked Senator Costigan. "It was not," snapped Partner Kahn. Asked to criticize unethical bankers, he philosophized, "Let him who is without sin first cast a stone...