Word: rubinstein
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...Russian-born adventurer in international high finance who had dazzled Wall Street by his lightning-fast climb to control of 17 companies* in four years had filed false affidavits stating that his induction would leave his dependents without financial support. In severing his four-year connection with Panhandle, Rubinstein did not go away emptyhanded. He sold 296,525 shares of Panhandle stock for a profit...
...Fields. If the stockholders thought Rubinstein's motive altruistic, the U.S. Government did not. It immediately asked Manhattan's U.S. District Court to raise Rubinstein's bail from $20,000 to $1,000,000 because he was about to flee the country in a four-motored C-54 he had just bought. Furthermore, said the Government, Rubinstein was dumping his securities, and probably had $5,000,000 in cash. He had opened a big bank account in Mexico...
Brusquely, Rubinstein explained that 1) the plane had been bought at the request of the Portuguese Government for a new airline, and 2) the cash in Mexico was for Rubinstein enterprises. The court was unimpressed. It set bail at $500,000. Rubinstein said he would "take legal steps...
This did nothing to lessen the suspicions of the authorities, well versed in the fast-moving Rubinstein saga. Serge had been fleeing something, usually the authorities, most of his life...
...Corporation. Never one to be caught short himself, Serge had meanwhile been building up control of the Chosen Corp., Ltd., a British concern which owned Japanese companies operating gold mines in Korea. By 1937, when the Sino-Japanese War threatened to wipe out his interests, Rubinstein smartly sold Chosen's Far Eastern properties for $1,700,000 to a Polish friend. The latter supposedly smuggled Chosen's cash in Japan out of the country, wrapped in obis...