Word: streeter
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What was needed, in the opinion of Wall Streeters, was a realignment of the U.S. economy which would, among other things, bring down commodity prices and step up labor efficiency. After World War I, the 1920 recession had done that. Then stock prices had tumbled, some six months before the recession came. Most businessmen now expected a similar slump to bring down commodity prices and step up efficiency when much of the present demand is met, some time next year. Until that occurs, many a Wall Streeter was betting that the market will either 1) go lower or 2) back...
...Hanrahan, no politico, is a partner in a Manhattan law firm (Sullivan, Donovan & Heenehan). Though he professes to have no Wall Street clients (except one Government bond house) the downtown location of his office was enough to arouse some congressional opposition to putting a "Wall Streeter...
...Plaza on Manhattan's Fifth Avenue, got hold of a country place on the plushy north shore of Long Island.* The main diggings (in old Woodbury): a Georgian brick pile with a nice third floor for servants, a five-car garage, landscaped grounds. Neighbors: Wall Streeter Henry Rogers Winthrop and Franklin D. Roosevelt Jr. Landlady: Mrs. Ogden L. Mills, widow of the ex-Secretary of the Treasury...
Gloria Swanson, failing to win the high-styled support she wanted from husband No. 5, Wall Streeter William N. Davey, managed to ward off a frumpy future. The svelte siren of the silents had sued for a weekly $1,000, won a neat but not gaudy...
Cruikshank, a Fleet Streeter since his teens, was the News Chronicle's U.S. correspondent for eight prewar years, then returned to edit the Cadburys' evening Star (which, with its morning sister, is known as the "Cocoa Press"). In 1941 Brendan Bracken drafted him to head the American Division of the Ministry of Information...