Word: sagar
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Dates: during 1930-1939
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Members Seeholzer, Sagar, Schmeltzer, Wurzler, Goerz and Robertson used to tip the employes who carry order slips from the telephone booths along the wall to brokers on the floor. Employes often gather up several orders for the same bond at the same time. It is to a broker's interest to get his order first and also to find out the amount of the other orders. Corrupt employes went first to the broker who had tipped him (or tipped him most), delivered his order, told him the size of the other orders. Opportunity for corruption also exists along...